Arthur Hayes buys $500,000 PENDLE, “the perfect opportunity to invest in crypto this summer”

Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, told Cointelegraph that this summer is the perfect opportunity to invest in cryptocurrencies. “The next few months are the perfect time to buy crypto before the next phase of the bull market begins,” he said. “We expect inflationary monetary policy to play a major role in the growth of crypto markets, including Bitcoin, later this year. President Joe Biden is encouraging looser monetary policy, especially as the US presidential election approaches. This is likely to act as a positive catalyst for cryptocurrencies.” Meanwhile, Arthur Hayes bought PENDLE with 500,000 USDC via Wintermute. He now reportedly holds 155.5K PENDLE ($8.08 million).