Bitcoin’s Spectacular Surge: Is the Maelstrom Straight Up Joking? 😂

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In the fantastical realm of cryptocurrency, where fortunes rise and fall like the fabled phoenix, our beloved BitMEX conjurer, Arthur Hayes, has proclaimed himself a bull about to charge forth! With the flick of his quill, he assured the masses that the Maelstrom Fund is “backing up the truck”—as if there’s a magical fountain of coins just waiting to be scooped! 🚛💰 Just a day ago, Bitcoin (BTC) vaulted to dizzying heights beyond $118K on a tidal wave of buoyant trading. Truly, one could hear the cosmic laughter as skeptics were swept away in the tide of enthusiasm.

And lo, in an unexpected twist worthy of a theatrical farce, Ethereum (ETH) befriends Bitcoin, preparing for a dance of potential outperformance. All of this, timed miraculously as whispers in the alleyway suggest our dear Trump administration might be ready to play nice—if only for the sake of raising a glass to ease those tumultuous trade tensions.

The Transformation of the Bull🦙

From the shadows of bearish caution emerged Hayes, who previously eyed the horizon with trepidation, fearing the ever-threatening Treasury General Account (TGA) refill might drain liquidity faster than a cup at a sorcerer’s coffee shop. 🎩☕

In a prior missive, Hayes dubbed the US Treasury Secretary “The Big Bessent Cock.” What a grand spectacle to behold, wherein our valiant BBC battles the monstrous deficit with nothing but sheer will—well, that, and a few daring tricks up the sleeve! He notes that the government is resorting to “innovative liquidity engineering” akin to finding a new brand of alchemy—such as stablecoins cultivated by the “too big to fail” (TBTF) brigade, which may unleash hordes of buying power worthy of mythic tales: a staggering $6.8 trillion!

And should the Fed, in a change of heart, halt payments on reserves, it could unleash a further $3.3 trillion—bringing our grand total to an almost theatrical $10.1 trillion of potential liquidity! A delightful feast, indeed. 🍽️

Hayes argued passionately that this concoction is the grand replacement for Quantitative Easing, managing to keep the shiny trinkets of equity markets and crypto afloat, much like a lifeboat in stormy seas. Yet, he forewarned that the TGA refill might temporarily cast a shadow over our bullish crypto vibes.

Despite these warnings, Bitcoin exhibited resilience, smashing through barriers while Ethereum swoops in like a bee to a blossoming flower, readying itself for what some would dub a “monster alt season.” 🐝🍯

“Preempting the Trump Tariffs Adventure!”

In a delightful twist, QCP Capital, in their latest analysis, spotted the shadows cast by upcoming Trump tariffs. How dreadfully exciting! Manufacturers are furiously ramping up imports and production, like squirrels preparing for winter, striving to get their affairs in order before the hammer drops. This rush has sparked a liquidity renaissance, much to the delight of trade analysts everywhere.

The firm claims this whimsical backdrop supports an adventurous journey for cryptocurrency, buoyed by steady ETF inflows and immense structural demand. Brace yourselves, dear readers, for we are indeed amid quite the spectacle! 🎉

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2025-07-11 21:20