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.

Gary Gensler “I never said that BTC and ETH are securities, and they were unlikely to influence the outcome of the presidential election.”

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), said in an interview with the media, “Neither I nor my predecessor, Jay Clayton, have ever said that Bitcoin is a security.” Ethereum has never said that it is a security. The SEC has never said that

blockchain crypto cryptocurrency michael saylor microstategy CEO (SpotedCrypto)

Michael Saylor “Investing in government bonds is like... Companies should invest in BTC”

Michael Saylor, the founder of MicroStrategy (Nasdaq ticker: MSTR), which holds the most Bitcoin on a single company basis, said at the 2025 ICR Conference, a global investment conference, “Traditional bonds such as government bonds are like poison, and companies should turn their attention to investing in Bitcoin.” He said,

blockchain crypto cryptocurrency Peter Brandt BTC forming head-and-shoulders (SpotedCrypto)

BTC forming head-and-shoulders pattern

Peter Brandt, a famous American trader, said in X that “Bitcoin is currently showing a typical head-and-shoulders pattern. If the pattern fits, there are three possible outcomes: ▲the pattern is completed and the trend reverses, ▲the bear trap fails to turn the trend downward, or ▲a larger pattern forms. The

Read next