Hayes Asks ‘Forgiveness’ for Calling Ethereum a Shitcoin, Doubles Down on ETH

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Hayes Asks ‘Forgiveness’ for Calling Ethereum a Shitcoin, Doubles Down on ETH

Former BitMEX CEO Arthur Hayes apologized for calling Ethereum (ETH) a shitcoin years ago and argued that the Merge is “extremely bullish” for the price of ETH.
In his latest essay, Hayes took a look back at his previous statements on Ethereum, as well as a look forward to discuss the upcoming, long-awaited, and much-anticipated Merge, when Ethereum will switch from the current proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS)....
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Original source: CryptoNews