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)....