With the Treasury General Account refill almost done, ‘up only can resume’: Arthur Hayes

Crypto markets have been somewhat muted as the U.S. Treasury drained liquidity from the system. But as it approaches completing its Treasury General Account (TGA) refill, something the former BitME...

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With the Treasury General Account refill almost done, ‘up only can resume’: Arthur Hayes

Source: CryptoSlate

Crypto markets have been somewhat muted as the U.S. Treasury drained liquidity from the system. But as it approaches completing its Treasury General Account (TGA) refill, something the former BitMEX CEO, Arthur Hayes, called a “liquidity drain,” the “up only” trajectory can get back on track. The TGA is basically the government’s checking account at […]