π Arthur Hayes: β99% of Altcoins Could Go to Zeroβ as Market Clears Excess
At Consensus Miami 2026, BitMEX co-founder Arthur Hayes stated that 99% of βshitcoinsβ could eventually go to zero. He framed this as a normal market-clearing process rather than an end to crypto, comparing it to the S&P 500βs long-term turnover since 1929. Hayes argued that industries evolve through constant replacement and that the altcoin ecosystem will continue to exist and develop.
At Consensus Miami 2026, BitMEX co-founder Arthur Hayes stated that 99% of βshitcoinsβ could eventually go to zero. He framed this as a normal market-clearing process rather than an end to crypto, comparing it to the S&P 500βs long-term turnover since 1929. Hayes argued that industries evolve through constant replacement and that the altcoin ecosystem will continue to exist and develop.
π Arthur Hayes: β99% of Altcoins Could Go to Zeroβ as Market Clears Excess
At Consensus Miami 2026, BitMEX co-founder Arthur Hayes stated that 99% of βshitcoinsβ could eventually go to zero. He framed this as a normal market-clearing process rather than an end to crypto, comparing it to the S&P 500βs long-term turnover since 1929. Hayes argued that industries evolve through constant replacement and that the altcoin ecosystem will continue to exist and develop.
At Consensus Miami 2026, BitMEX co-founder Arthur Hayes stated that 99% of βshitcoinsβ could eventually go to zero. He framed this as a normal market-clearing process rather than an end to crypto, comparing it to the S&P 500βs long-term turnover since 1929. Hayes argued that industries evolve through constant replacement and that the altcoin ecosystem will continue to exist and develop.
Real-time tracking of the biggest moves on-chain.
We monitor and report large, unusual transactions across multiple blockchains β as they happen.
Built for traders, analysts, and anyone who follows smart money.
β API access available
T.me/Whalealertsio
We monitor and report large, unusual transactions across multiple blockchains β as they happen.
Built for traders, analysts, and anyone who follows smart money.
β API access available
T.me/Whalealertsio
π MoonPay Acquires Solana Trading Infrastructure Firm DFlow for $100 Million in Stock
According to Fortune, crypto payments and infrastructure company MoonPay has acquired DFlow in an all-stock deal valued at approximately $100 million. DFlow provides trade routing and DEX aggregation services and has recently accounted for around 5% to 10% of trading volume across Solana-related platforms. In the first quarter of 2026, the platform processed more than $12 billion in transaction volume.
According to Fortune, crypto payments and infrastructure company MoonPay has acquired DFlow in an all-stock deal valued at approximately $100 million. DFlow provides trade routing and DEX aggregation services and has recently accounted for around 5% to 10% of trading volume across Solana-related platforms. In the first quarter of 2026, the platform processed more than $12 billion in transaction volume.
π #BTC CME Group to launch Bitcoin volatility futures contracts on June 1st.
π $DOGE is back in the top 10 memes β but social interactions are flat.
Top 10 memes by market cap:
$DOGE
$SHIB
$M
$PEPE
$TRUMP
PIPPIN
$BONK
PENGU
$SPX
$FLOKI
$PEPE ETF filing pulled headlines. $DOGE didn't move on it. Social interactions total stayed flat. Either the rotation is bypassing $DOGE β or sentiment is leading price by a few weeks.
The crowd usually gets the bottom wrong.
$DOGE social interactions β #etf
Top 10 memes by market cap:
$DOGE
$SHIB
$M
$PEPE
$TRUMP
PIPPIN
$BONK
PENGU
$SPX
$FLOKI
$PEPE ETF filing pulled headlines. $DOGE didn't move on it. Social interactions total stayed flat. Either the rotation is bypassing $DOGE β or sentiment is leading price by a few weeks.
The crowd usually gets the bottom wrong.
$DOGE social interactions β #etf
π Top 5 News for 24 Hour:
1. Canary Capital files for $PEPE spot ETF, memes influence SEC. β
π 258 | β€οΈ 2 | π 5
2. New wallet opened 6x long position on $TON. β
π 295 | β€οΈ 0 | π 5
3. Jack Mallers explains Bitcoin impact on housing prices. β
π 203 | β€οΈ 0 | π 5
4. Bitcoin outperforms gold by 36% amid Iran conflict. β
π 180 | β€οΈ 1 | π 4
5. Experts dismiss Quantum threat to Bitcoin. β
π 222 | β€οΈ 0 | π 4
| | |
1. Canary Capital files for $PEPE spot ETF, memes influence SEC. β
π 258 | β€οΈ 2 | π 5
2. New wallet opened 6x long position on $TON. β
π 295 | β€οΈ 0 | π 5
3. Jack Mallers explains Bitcoin impact on housing prices. β
π 203 | β€οΈ 0 | π 5
4. Bitcoin outperforms gold by 36% amid Iran conflict. β
π 180 | β€οΈ 1 | π 4
5. Experts dismiss Quantum threat to Bitcoin. β
π 222 | β€οΈ 0 | π 4
| | |
π΅οΈ #BTC Open interest in Bitcoin is at its highest level in over 109 days.
π΅οΈ Strategy Q1 2026 Results: $12.54 billion Net Loss Amid $14.46 billion Unrealized Bitcoin Loss
Strategy Inc reported a net loss of approximately $12.54 billion for the first quarter of 2026, primarily due to a $14.46 billion unrealized loss on its bitcoin holdings. As of May 3, the company held approximately 818,334 BTC, up 22% year-to-date, with an average purchase price of about $75,537 per bitcoin. The carrying value of its digital assets was approximately $61.81 billion.
Strategy Inc reported a net loss of approximately $12.54 billion for the first quarter of 2026, primarily due to a $14.46 billion unrealized loss on its bitcoin holdings. As of May 3, the company held approximately 818,334 BTC, up 22% year-to-date, with an average purchase price of about $75,537 per bitcoin. The carrying value of its digital assets was approximately $61.81 billion.
π£ Saylor: We Will Probably Sell Some Bitcoin to Pay a Dividend Just to Inoculate the Market Just to Send the Message That We Did It
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π£ Luke Rudkowski: "If you want to stop the war machine, you have to stop the money printing machine, which means we have to end the Fed.
"With Bitcoin... END THE FED." #macro
"With Bitcoin... END THE FED." #macro