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Arthur Hayes is the co-founder of BitMex, a cryptocurrency investor, and an influencer with half a million followers on X. Recently bullish on Pendle (PENDLE), Hayes surprised the market by offloading over half his position far below the $10 target. On September 11, Hayes made a bullish post on PENDLE, predicting a $10 target when integrated with Bitcoin (BTC) DeFi. Ten days later, however, he publicly disclosed that Maelstrom Fund, Arthur Hayes’s family office fund, was reducing its PENDLE position. “As you can see Maelstrom Fund is reducing its PENDLE position. Even after the reduction it is still one of our largest positions. We still fully believe that PENDLE will be the leader in crypto interest rate derivatives. And we plan to profit off of their success. We have reduced our position to fund a special situation. Those who monitor our wallets will get a glimpse as to what that is in the very near future.” – Arthur Hayes, on X ...

The Pendle price soared over 13% in the last 24 hours to trade at $3.55 as of 7:11 a.m. EST as investors take a bet on the altcoin’s short-term future. The surge in the PENDLE price comes after the project started offering pools with variable yields as high as 45% for a token backed by the leading crypto, Bitcoin (BTC).  Episode 1 of the Pendle #Bitcoin arc A foursome production alongside @use_corn x @Lombard_Finance x @babylonlabs_io: Corn LBTC (26 Dec) 🌽 pic.twitter.com/9hi7huQzRM — Pendle (@pendle_fi) September 11, 2024 BitMEX founder Arthur Hayes believes that the launch of these DeFi pools could propel the Pendle price to $10. He shared his bullish outlook on the development in a Sept. 12 post on X. $PENDLE + $BTC DeFi = $10 Bet https://t.co/QSZZIXkgaG — Arthur Hayes (@CryptoHayes) September 12, 2024 The Pendle Price Approaching A Major Resistance Level 4-hour chart for PENDLE/USD (Source: GeckoTerminal ) The Pendle price is attemp...

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Me...

In a market where security breaches can devastate cryptocurrencies, the resilience of our selected top gainers stands out. According to a recent Immunefi report , over 77.8% of hacked tokens struggle to recover. More than half lose over 50% of their value within six months. However, these gainers are fortified with strong security measures. This makes them not just today’s gainers but also well-secured projects that inspire confidence in an increasingly vulnerable space.   Biggest Crypto Gainers Today – Top List In a market brimming with crypto options, today’s top gainers showcase impressive performance and potential. Streamr leads with a 29.73% increase, redefining data economics through its innovative peer-to-peer platform. Livepeer follows with an 11.55% rise, leveraging blockchain technology to disrupt traditional broadcasting. Pendle stands out with a 9.11% gain, offering a fresh approach to yield tokenization in DeFi. Meanwhile, The Graph grows by 7.80%...