NEAR Protocol's price dropped nearly 17% following Arthur Hayes' announcement that he liquidated his entire NEAR and Hyperliquid (HYPE) holdings. Hayes cited rising energy costs linked to the Iran conflict, upcoming AI company IPOs before Q3, and potential anti-AI policies from former President Trump as reasons for his exit. Blockchain data confirmed Hayes sold 247,334 HYPE tokens worth about $18 million, though the exact amount of NEAR sold is unknown. The selloff led to a 21% drop in NEAR futures open interest, signaling traders are closing positions. NEAR's critical support level is now $2.00–$2.01, with a possible rebound if this holds, but a break below could push prices toward $1.73 or lower.
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
NEAR Protocol has broken above the key $2 resistance level, showing stronger momentum than XRP. It is trading above its 50-day, 100-day, and 200-day moving averages, signaling a potential recovery and growing market confidence. The next resistance is...
XRP is currently trading around $1.09 and faces strong resistance between $1.11 and $1.15, preventing significant price gains. The cryptocurrency remains below its key moving averages, indicating ongoing bearish momentum despite some easing in sellin...
NEAR Protocol has broken above the key $2 level and is trading above its major moving averages, signaling a potential bullish recovery. In contrast, XRP remains stuck below critical resistance levels and continues a corrective phase. Memecoins Shiba ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
