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Crypto

Hayes warns AI bubble burst could hit crypto, sells altcoins and focuses on BTC and ETH

BitMEX co-founder Arthur Hayes said he has sold all major altcoin holdings and refocused his crypto portfolio on bitcoin and ether. He warned that if enthusiasm for investment in the AI industry fades in the short term, risk assets broadly could face a correction. Hayes cited oil prices, potential large IPOs by SpaceX, Anthropic and OpenAI, and possible anti-AI policies by U.S. President Donald Trump as key factors that could shake the AI boom.

AI & Enterprise

AI infrastructure investment seen at $800 billion, shaking bitcoin liquidity recovery scenario

A surge in investment in AI infrastructure is emerging as a new growth driver for the U.S. economy but is also seen as a burden for bitcoin, as it could stoke inflation and delay Federal Reserve rate cuts. Goldman Sachs forecasts AI capital spending nearing $800 billion in 2026. Investors see a high chance of rates being held steady at the June FOMC meeting. Bitcoin has fallen below $62,000 and spot ETF outflows have extended to 11 sessions.

Crypto

KOSPI at 8,400 raises question of when bitcoin will rise as Ethereum foundation infighting spreads

South Korea\'s KOSPI has broken above 8,400 for the first time and is up 100 percent this year, led by a semiconductor rally and inflows into leveraged chip ETFs. By contrast, domestic crypto trading value has fallen about 80 percent and the so-called kimchi premium has turned negative. Attention is also on the U.S. Clarity bill, a proposed federal bitcoin reserve law, and debate inside the Ethereum Foundation over priorities and governance.