MemeCore surged 9.45% to $3.47, leading gains among the top 100 cryptocurrencies by market cap, followed by NEAR Protocol, Ondo, Injective, and edgeX with increases between 6.3% and 7.6%. This reflects a rotation into higher-risk, high-beta tokens as traders seek speculative opportunities amid a choppy market. Meanwhile, some large-cap tokens like Flare declined, indicating a market defined by dispersion rather than a clear trend. MemeCore's performance highlights its role as a high-beta proxy for speculative sentiment in the meme coin sector, while NEAR and Ondo benefit from renewed interest in smart contracts and real-world assets respectively.
Arthur Hayes, BitMEX co-founder, argues that oil prices are the main driver of political and economic outcomes, overshadowing AI and cryptocurrency trends. Despite disruptions in the Strait of Hormuz, oil prices haven't risen enough to force compromi...
Arthur Hayes, co-founder of BitMEX, argues that rapid AI spending has absorbed liquidity that might have otherwise flowed into Bitcoin and other cryptocurrencies. His family office, Maelstrom, recently sold several altcoins including HYPE, NEAR, WLD,...
Near Protocol (NEAR) surged 11.67% to $2.08, supported by a 25.41% increase in trading volume to $625 million, signaling strong buyer interest. Market sentiment remains bullish, with Binance top traders holding a 62.51% long position ratio, reflectin...
Crypto sleuth ZachXBT accused BitMEX co-founder Arthur Hayes of promoting bullish views on four cryptocurrencies—Worldcoin (WLD), Zcash (ZEC), Hyperliquid (HYPE), and NEAR Protocol (NEAR)—before quickly selling his holdings. Hayes dismissed the claim...
Cryptocurrency prices are fluctuating with Bitcoin at $63,014 and Ethereum at $1,676.48, showing moderate gains. Several altcoins such as BEAT and DEXE have experienced significant increases, with BEAT up nearly 72% and DEXE up over 15%. These moveme...
