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Bankless co-founder David Hoffman has disclosed how he redeployed capital after selling ETH, revealing a new portfolio tilted toward VVV, NEAR, ZEC, HYPE and LIT. The move marks a notable shift for one of Ethereum’s most recognizable public advocates and has triggered debate over whether Hoffman is rotating into a new long-term thesis or chasing a different segment of the market. In a post on X, Hoffman said he “immediately took ~50% of the capital to VVV, NEAR, ZEC, HYPE” after selling ETH. The other half, he said, was held back for dollar-cost averaging into an asset that had not already moved sharply higher. “I left the rest as capital to DCA into something not already up multiples,” Hoffman wrote, adding that NEAR was an exception because it was “~1.40 at the time.” He then said he had completed that second leg of the rotation: “I’ve finished buying LIT with that remaining 50%.” Why Hoffman Chose LIT As Next Major Crypto Bet The disclosure quickly shifted into a broader discussion
Read full articleHayes' exit signals potential volatility and reevaluation in crypto markets, highlighting macroeconomic and geopolitical risks impacting investor sentiment. The post Arthur Hayes dumps entire HYPE and NEAR positions after months of bullish calls appeared first on Crypto Briefing.
Arthur Hayes sold all HYPE and NEAR holdings, citing energy prices, AI IPOs, Trump policy risks, and a market peak before September. Arthur Hayes has sold all of his HYPE and NEAR holdings, and he expects market highs before September. The BitMEX co-founder said he took profits as energy prices, AI listings, and politics add […] The post Arthur Hayes Sells HYPE and NEAR, Warns Market May Peak Before September appeared first on Live Bitcoin News.
PM says Britons are ‘reasonable, tolerant people’ and backs MP’s legal action against Grok firm over fake sexualised images UK politics live – latest updates Elon Musk is “interfering in our politics” and attempting to create division, Keir Starmer has said in a significant toughening of government language about the X owner. It comes after weeks of posts by Musk on his social media platform about the murder of Henry Nowak, many of which have used far-right themes and talking points. Continue reading...
Crypto analyst Crypto Patel has made a bullish case for Solana, explaining why it is time to start paying attention to the crypto asset. This came as he noted that SOL has printed 8 consecutive red monthly candles for the first time in its history. Why It Is Time To Start Paying Attention To Solana In an X post, Crypto Patel stated that Solana had just printed 8 consecutive red monthly candles in its existence and that this is worth paying attention to. He reiterated that this has never happened and then cited the 2021 bear cycle to explain why this could be significant for SOL. The analyst noted that back then, SOL crashed to around $8 after it topped at its all-time high (ATH) of $260 in November 2021. Related Reading: Solana Price Struggles Below $100, But This Level Changes Everything Crypto Patel mentioned that the 2021 bear phase also produced 9 red monthly candles, but that they were not consecutive. The 9th red candle is said to have marked the exact bottom at $8. Following t
HYPE made DeFi history by cracking the top 10, while XRP extended its unmatched 13-year streak among the market's biggest cryptocurrencies.
X Money's expansion could disrupt traditional banking and fintech sectors, challenging established players with its competitive features. The post Elon Musk expands availability of X Money on social media platform X appeared first on Crypto Briefing.
Zcash price has fallen sharply from its recent highs as traders increasingly focus on a developing head-and-shoulders pattern that threatens to trigger a deeper correction. According to data from crypto.news, Zcash (ZEC) price traded near $540 on June 4 after…
Ethereum has been under intense selling pressure due to losing the 100-day moving average, which was only reclaimed in April after months. The recent breakdown below a key demand zone has pushed ETH to fresh local lows near $1.75K, while both technical and on-chain indicators continue to favor the bears. Unless buyers reclaim the lost […]
