The CIO of @cypherpunk just told me that the Zcash giant isn't backing down from its 5% network accumulation target because of a bug.
"Short-term price action is noise, and our long-term capital allocation strategy remains unchanged," he said.
The stock is down 32% today.
Arthur Hayes (@CryptoHayes) sat down with Decrypt to discuss the state of the crypto market, from catalysts that could dispel boredom among retail investors to price targets that fell through last year. In this interview, he offers some wisdom for those feeling the bite of crypto winter, while warning of economic risks tied to AI.
00:29 - What's your timeline for TradFi adopting 24/7 perpetual futures just in order to survive?
04:33 - What's the catalyst we need to snap the market out of boredom?
08:55 - Corporate overspending on AI leading to a subprime crisis, & how BTC will fare
11:24 - What are the biggest risks that Hyperliquid actually faces?
12:40 - How do you feel about the privacy narrative and how is it driving ZCash?
16:28 - What do you see people actually doing from a retail perspective beyond speculation and trading at this point?
19:10 - What’re you saying to people right now who are coming to you with a sense of exasperation in the crypto market?
Arthur Hayes (@CryptoHayes) emerged as one of Hyperliquid's biggest cheerleaders as its token rallied to all-time highs.
On Thursday, he said he "dumped" his holdings. These are potential risks he thinks the decentralized upstart could face:
thank you to @jasonnelson and the legendary team at @DecryptMedia for breaking today's news about our MoonAgents Desktop App
read the story here: https://t.co/FFrRIbtjvR
ICYMI on Sunday, I wrote about how Trump's executive order on banking and immigration mirrors solana:WLFinEv6ypjkczcS83FZqFpgFZYwQXutRbxGe7oC16g and drives business stablecoins and Bitcoin ATMs.
Insight from @nic_carter: “Trump is going after illegal immigrants today, but what happens in a Democratic administration?”