opinion

Arthur Hayes "Heard a big name in the industry is dumping crypto"

BitMEX co-founder Arthur Hayes tweeted on his X, "I've heard from friends in TradFi that a big name in the industry is getting rid of all his crypto holdings. I'm not going to name names because I can't confirm if it's true."

Meanwhile, market maker JumpCrypto has been in the spotlight following Arthur Hayes' tweet. Crypto market maker Jump Crypto recently unstaked $410 million worth of Ethereum (ETH) and deposited $190 million of it to centralized exchanges (CEXs) such as Binance and OKX, Cointelegraph reported, citing Arkham data. Currently, JumpCrypto holds $125.8 million in staked ETH, including $116 million worth of wstETH.

Jerome Powell cuts rates by 50 bp, touts healthy labor market and inflation numbers in press conference, hints at more rate cuts.

“The risks to upside inflation have declined, but the risks to a weakening labor market have increased somewhat,” said Fed Chair Jerome Powell in a post-FOMC press conference. “That said, our decision today reflects our confidence that labor market strength can be sustained. Over the past three years, inflation has

blockchain crypto cryptocurrency Arthur Hayes say bearish (spoted Crypto)

Arthur Hayes “Dollar/yen slides...bearish outlook for crypto”

Arthur Hayes, co-founder of BitMEX, told X: “With the dollar/yen exchange rate dropping to around 140 yen (dollar appreciation), it looks like we're in goblin town (bear market) once again. It remains to be seen if BTC can hold up.”

blockchain crypto cryptocurrency ethereum etf finally sucess (SpotedCrypto)

Ethereum ETFs will eventually succeed

John Wu, CEO of Avalanche (AVAX) developer AvaLabs, expressed a positive view on Ethereum (ETH) and ETH ETFs in an interview with Bloomberg TV, according to the Daily Hoarder. “The key for ETH is to create utility and use cases. In that regard, there are a lot of competitors, from

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