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Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1 – 7

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Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest

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Coin Market

Leveraged ETH ETF demand up 160% since Trump win — Ether price to $4K?

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Bitcoin remaining range-bound below $100,000 could be a net positive for Ether’s price and invite more investment into the world’s second-largest cryptocurrency.

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Coin Market

Celsius to distribute additional $127M from ‘Litigation Recovery Account’

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The debtor’s estate for the failed crypto lending platform announced a second payment of $127 million to creditors, but some are still unhappy with the result.

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Coin Market

Ethereum L2s surpass record $51B TVL after 205% yearly growth

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Layer 2s could be “cannibalistic” for Ether’s price potential, despite their scalability benefits, according to industry watchers.

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