Arthur Hayes Does It Again: Buys ETH High, Sells It Low
On-chain data suggested that he just incurred a 5.3% loss on his latest ETH endeavor.
Market narrative
Move between stock news, official company releases, crypto, and FX without losing the path back to ticker research.
On-chain data suggested that he just incurred a 5.3% loss on his latest ETH endeavor.
Crypto
The CEO of a U.S. cross-border currency exchange business has been arrested in an alleged murder-for-hire plot, in a case with a crypto hook: prosecutors have tied the matter to a reported USDT payment. An arrest is not a conviction, and the allegations remain unproven in court.
Cardano is pinned against $0.18 resistance while sell-side taker flow overwhelms a dangerously long-heavy market — the next 48 hours likely deliver either a sharp rejection to $0.
XRP Ledger developers are preparing five proposed amendments for the upcoming xrpld 3.3.0 release, targeting privacy, atomic settlement, and easier institutional onboarding. XRP Ledger v3.3.
XRP is bleeding quietly at $1.06 with every moving average stacked overhead and volatility crushed to three cents — the setup screams a directional break is imminent.
The xrpld 3.3.0 release is expected next week with five proposed amendments, including two revised features that were previously withdrawn after researchers found bugs that could have allowed unauthorized transactions or fee draining.
Ethereum is coiling at $1,870 with momentum flatlined and the $1,919 resistance acting as the session's ultimate gatekeeper — a clean break higher targets $1,965 within 48–72 hours, but failure her
Bitcoin is clinging to lower Bollinger Band support at $63,080 while every major moving average hangs above as dead weight; a short-term bounce to $64,062 is technically plausible, but with 69% of
July was ETH's strongest month in a year.
Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.
BitMine Immersion Technologies ($BMNR) is drawing renewed attention from crypto-focused equity traders as it doubles down on an Ethereum (ETH)-centric treasury strategy—an approach that has amplified the stock's day-to-day volatility and tightened its perceived link to ETH price moves. Shares rebounded into the mid-to-high teens in late July, trading roughly in the $16–$18 range before hovering near $16.04 in recent sessions.
Rising XEC hype could lure retail buyers into a costly weekend trap.
Circle's latest regulatory win in New York is strengthening the compliance architecture around USD Coin (USDC), even as investors remain hesitant about the stablecoin issuer's near-term growth outlook. Circle said Thursday ET that the New York State Department of Financial Services (NYDFS) has approved a limited-purpose trust charter for its newly formed entity, Circle New York Trust.
Tether's excess reserves, the capital sitting above what's needed to back every USD₮ in circulation, fell to $4.11 billion at the end of Q2 2026, down from the record $8.23 billion it reported just one quarter earlier. The drop came even as net operating profit rose to $1.5 billion for the quarter, up from $1.04 billion in Q1, according to Tether's attestation report prepared by BDO, per the company's own published disclosure.
BTC already dived by around three grand. But, there could be more pain on the horizon.
Russia has extended its cryptocurrency mining restrictions into Moscow, the surrounding Moscow Region and parts of Kursk Region, thereby reducing the mining capacity of one of the major Bitcoin centers in the world.
ASTER's price may be approaching a pivotal support level after its latest round of unlocks.
Sustained outflows from Bitcoin ETFs could destabilize the market, potentially triggering a feedback loop of falling prices and increased redemptions. BlackRock's IBIT leads spot Bitcoin ETFs with $265M in outflows.
Bitcoin managed to finish July up nearly 8 percent. BTC defied rate-hike fears, the AI-driven sell-off and a major exchange security breach.
Continued ETF redemptions may signal shifting investor sentiment, impacting Bitcoin's market stability and influencing future institutional strategies. BlackRock clients sell 1,948 Bitcoin for $123M as ETF redemptions continue.