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In his latest essay titled "Group of Fools," Arthur Hayes, co-founder of BitMEX, provides a critical analysis of recent macroeconomic events and their potential impact on the cryptocurrency market. Known for his direct style, Hayes combines technical analysis, criticism of central banking practices, and insights into currency markets to make the case for a resurgence of bullish sentiment in Bitcoin and crypto.

ProShares, a prominent issuer of exchange-traded funds (ETFs), has submitted a proposal to the New York Stock Exchange (NYSE) to list and trade spot Ethereum (ETH) ETF shares. This initiative underscores ProShares' dedication to broadening its range of digital asset products, offering investors a regulated and secure avenue to access Ethereum exposure.

Arthur Hayes, the co-founder of BitMEX, sold 1.55 million PENDLE tokens valued at $9.41 million, leading to concerns among PENDLE token holders about a potential price drop.

Meme coins have seen a major spike following news from Keith Gill, also known as Roaring Kitty or DeepF**kingValue. Gill's announcement of an upcoming YouTube livestream on June 7 at 16:00 UTC triggered a swift and powerful response in both the crypto and stock markets.

Worldcoin's (WLD) price is experiencing a bullish trend driven by significant accumulation from whale addresses, a highly influential group of investors. This accumulation has helped WLD recover from recent losses with the support of other investors.

Polkadot's native token, DOT, hasn't seen the same explosive growth as other cryptocurrencies despite the recent market surge, with its price hovering around $7.20 according to CoinGecko.