PEPE’s explosive rally may be losing steam, as crypto billionaire Arthur Hayes has reportedly offloaded his holdings — casting a bearish shadow over the current PEPE price prediction . The meme coin has now fallen 32% since its mid-July peak , and with long-term holders starting to hedge, this downturn is beginning to look more like a deeper shift than a routine pullback. Adding pressure to the mix, the macro outlook continues to deteriorate. The US Federal Reserve held rates steady in July while signaling caution over new tariffs, and disappointing jobs data has further weakened sentiment. Now, with the “reciprocal” tariff pause officially over and higher duties on 92 countries set to kick in on August 7 , traders see little chance of a September rate cut — a shift that continues to drain appetite for riskier assets like meme coins. President Trump issued sweeping new tariffs on nearly all traders via executive orders, effective August 7, covering 92 countries. Tariff rates range from 10% to 41%, targeting non-deal partners (e.g., Canada 35%, India 25%, Taiwan 20%). These “reciprocal tariffs” follow the… pic.twitter.com/bdKTfJeINR — Presidential Summary (@presidentialsum) August 1, 2025 Arthur Hayes Moves Away From Pepe – Will Others Follow? Blockchain analytics platform Lookonchain initially reported that Hayes sold an estimated $13 million in crypto assets on August 2, including $414,000 in PEPE. Arthur Hayes( @CryptoHayes ) sold 2,373 $ETH ($8.32M), 7.76M $ENA ($4.62M) and 38.86B $PEPE ($414.7K) in the past 6 hours. https://t.co/1HymJRPhcj pic.twitter.com/MoJNKUjJaQ — Lookonchain (@lookonchain) August 2, 2025 Explaining his rationale in response to Lookonchain , Hayes cited the deteriorating U.S. macro backdrop, pointing to the effects of tariffs now surfacing in Q3 jobs data. With inflation fears discouraging interest rate cuts globally, he argues that no major economy is expanding credit fast enough to drive nominal GDP growth. Hayes expects a potential market repricing, setting the stage for capital to rotate out of volatile assets like cryptocurrencies. However, it seems Hayes may be alone in his exit. Whales appear to be taking the Pepe price decline as a buy the dip opportunity according to Nanasen data . Total PEPE token holdings of the top 100 wallets. Source: Nansen. The top 100 wallets continue to accumulate, increasing their holdings by a slowed, but steady 0.31% over the past week to near a total $306 trillion PEPE tokens. Pepe Price Analysis: Did Hayse Sell Too Early? While there is merit to the argument that the macro narrative will cast a shadow over the mid-term pepe price outlook, the recent correction appears to have found a bottom. With the breakdown momentum of a head and shoulders pattern forming from the mid-July market top now realised, a 2-month symmetrical triangle is back in focus. PEPE / USDT 4-hour chart, symmetrical triangle. Source: TradingView, Binance. ChatGPT said: The new week has seen PEPE find support at $0.00001 , affirming the lower boundary of its triangle pattern and signaling that a potential reversal may be forming. If momentum builds, the Pepe price could reclaim the $0.00001175 neckline of its recent head and shoulders formation, opening the way to key resistance levels at $0.00001325 and $0.00001375 . A break above $0.00001375 would confirm a clean breakout from the triangle, setting the stage for an extended rally. This could push PEPE from a 41% gain up to a potential 117% surge , with a breakout target of $0.00002260 . However, momentum indicators remain shaky. The RSI briefly bounced from oversold levels but quickly turned back down, showing a lack of strong follow-through from bulls. The MACD line has also flattened just above the signal line — an early sign of potential upside, but without the conviction needed to kick off a sustained uptrend. This leaves the door open for another retest of the $0.00001 level. If that level holds, it could act as a springboard for a stronger second bounce, potentially forming a double bottom reversal pattern. But if $0.00001 breaks, the bullish scenario is likely invalidated. A breakdown would target lower support around $0.000008 , signaling the end of the current bull run. Bear Markets Still Hold Gains – Here’s How to Find Them As “reciprocal” tariffs return, the markets are fearing a repeat of the mid-2025 bear market—holders might be playing the waiting game again. While large cap coins now consolidate under weak buy pressure as HODLing becomes the new strategy, low-cap plays like TROLL are posting 2x gains in a single day. That’s where Snorter ($SNORT) steps in. Its purpose-built trading bot is engineered to spot early momentum , helping investors get in before the crowd—where the real gains are made. While trading bots are not a new concept, Snorter has been designed specifically for sniping with limit orders, MEV-resistant token swaps, copy trading, and even rug-pull protection. It’s one thing to get in first, it’s another thing to know when to sell—Snorter Bot can help. The project is off to a strong start— $SNORT has already raised almost $2.4 million in its early-stage presale , likely driven by its high 157% APY on staking to rewards early investors. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website. Click Here to Participate in the Presale The post Pepe Price Prediction: Crypto Billionaire Arthur Hayes Sells PEPE – Is The Bull Market Over? appeared first on Cryptonews .
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Leading cryptocurrency Bitcoin (BTC) fell for the third consecutive day on Friday, falling to $112,000 after a high of $123,000. Bitcoin and altcoins suffered a sharp decline as weak employment data from the US and new tariffs rattled the markets. This sudden drop left long-position investors in the lurch and led to $1 billion in liquidations. As the market began to recover after this decline, Singapore-based analysis firm QCP Capital published its new report. “The sharp decline in the market occurred as a result of the risk aversion trend in traditional markets. This trend was triggered by a confluence of factors: a weaker-than-expected U.S. jobs report and a new wave of tariffs from Washington. The result was a broad decline in stocks and cryptocurrencies as investors readjusted their expectations for global growth and liquidity. QCP analysts noted that those anticipating an altcoin season took a major hit, saying Solana (SOL) and Ethereum (ETH) lost approximately 20% and 10% of their value, respectively. Analysts stated that despite this decline, the bullish structure in the market remained intact and that option flows also supported this. Analysts stated that the declines experienced after the ATH were of a corrective nature rather than a surrender, adding that historically, these declines, especially those of excessive leverage cleansing, laid the groundwork for subsequent increases. QCP recently noted that dips could be bought if spot ETF inflows resume and implied volatility declines. *This is not investment advice. Continue Reading: Is the Bull Market in Danger After the Fall in Bitcoin and Altcoins? Is It Time to Buy? QCP Capital Explains!
Amid the pressure President Trump has been piling on Federal Reserve Chair Jerome Powell, traders are now leaning heavily toward the idea of a small rate trim. CME’s Fedwatch data shows an 85.7% probability that a quarter-point cut is on the horizon, making it the clear favorite in the market’s playbook. Kalshi, Polymarket, and Wall
Ethereum (ETH) held up pretty well in the market, but slipped 6.25% in the past 24 hours to close at $3,622. While the price saw a slight dip, trading volume jumped 16.41% to hit $40.13 billion—pointing to a spike in market activity. ETH’s market cap currently sits at $437.13 billion, with both total and circulating supply locked at 120.71 million. Price action was choppy through the day: it opened near $3,808, pushed past $3,850 mid-day, and slid back toward the close. That sharp jump in volume hints at fresh investor interest, though it’s unclear if this will fuel a bounce or just mark a short-term pullback. With Ethereum holding steady, some traders are also keeping an eye on new blockchain projects bringing fresh ideas and infrastructure into the decentralized space. Ozak AI Targets Functional Value in a Competitive Market As Ethereum maintains its position in the crypto market, Ozak AI has emerged with a distinct approach by integrating artificial intelligence with decentralized analytics tools. The platform is designed to deliver real-time predictive insights for financial market participants, including institutions and retail users. Ozak AI's architecture includes the Ozak Stream Network (OSN), DePIN infrastructure, Ozak Data Vaults, and Prediction Agents, offering a structured, non-coding solution for data analysis and decision-making. The OZ token, which is priced at $0.005 at the point of the current fourth presale stage, is a key to opening the door to the platform and operating its many features. It is employed in the access to platforms, placement of Prediction Agents, management of users, and rewards to contributors. This versatility facilitates the proposed application of the token when compared to mere transactions. The token will be listed at a price of $0.05 with the long- to medium-term goal of achieving a price of $1, depending on the growth in the use of the sharing platform and its overall adoption. Tokens Distribution Strategy The presale of the Ozak AI has already sold out 66,270,158.493 OZ tokens and raised $1,531,350.702, which means that the early-stage investors were actively involved. The total supply of tokens will be 10 billion, of which a presale of 3 billion was given. The other allocation consists of 3 billion, which goes to community and ecosystem development, 2 billion in reserves, 1 billion in liquidity support, and 1 billion that is put in place to compensate the team and the advisors. Both presale phases are designed in such a way that they add a certain price increment each time to reflect a progressive value as the platform develops. The maximum limit of this presale round will be 200 million tokens. The economic model of the OZ token is focused on the principle of sustainability and sustainable balanced growth, which focuses on the matching of supply with the development of the ecosystem. With the industry seemingly poised to increase the number of projects supported by its utility, market participants are seeking out utility-anchored projects to support and use. Platforms, like Ozak AI , are shaping themselves through the method of highly projected technology and consistent tokenomics. Real-time analytics and operational compatibility can help Ozak AI to gain traction in combination with existing holdings such as Ethereum. For more information about Ozak AI, visit the links below: Website: https://ozak.ai/ Twitter/X: https://x.com/OzakAGI Telegram: https://t.me/OzakAGI Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000.
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A newcomer to the DeFi lending space was targeted, and a weakness was exploited, resulting in the loss of millions. This is yet another addition to the already substantial amount of crypto losses for the current year. Another Day, Another Loss The on-chain security and data analytics company Peckshield stated earlier today on X that the money market aggregator CrediX suffered an attack, resulting in approximately $4.5 million in losses . The firm noted that an admin wallet account ending in “EC662e” with various roles, including POOL_ADMIN, BRIDGE, ASSET_LISTING_ADMIN, EMERGENCY_ADMIN, and RISK_ADMIN, was used in the scheme. These all have varying functions that control and manage the protocol’s funds. The bridge role is the one that led to the draining of funds, which included acUSDC tokens, which are a wrapped version of the USDC stablecoin. The outflows were carried out through various protocols and bridges, including deBridge Finance, Fly (formerly MagPie), Shadow Exchange, and others. According to their history of posts, CrediX went live at the beginning of last month, offering a variety of yield strategies, lending options, rewards for participation, and liquidity. They have acknowledged the breach and promised to return user funds in full within 24 to 48 hours. Painful Reality We recently crossed into the latter half of 2025, and it would be lightly putting it in saying that it’s been a “bumpy” ride. The year so far has seen over $3 billion lost to hacks and exploits of vulnerabilities, which is $1 billion more than for the whole of 2024 combined. Hacken, the blockchain security audit firm’s report, which CryptoPotato covered, paints a clear picture: “In these first six months of 2025, access-control exploits have dominated, accounting for about 59% of total losses (roughly $1.83 billion) drained from both centralized and decentralized platforms. Smart-contract vulnerabilities made up around eight percent, with $263 million lost in the first half, including the $223 million Cetus exploit that marked DeFi’s worst quarter since early 2023 with 300m drained across all the hacks.” With the rise of DeFi adoption and the emergence of technologies like AI, it’s becoming of paramount importance for institutions and companies to safeguard their assets and clients. Some of the attacks have been linked to politically inclined organizations such as the Lazarus group, while others can be attributed to insider information, cybersecurity vulnerabilities, or human error. Regardless of where the malicious intent originates, it’s not slowing down, so due diligence will go a long way in helping to reduce or eradicate losses caused by bad actors. The post Lending Platform CrediX Loses $4.5 Million in Exploit appeared first on CryptoPotato .