Arthur Hayes: 99% of Altcoins May Go to Zero, But Market Consolidation Is Normal Evolution

GateNews

According to BlockBeats, Arthur Hayes stated today at Consensus 2026 that despite potential losses for 99% of altcoins, this market consolidation mirrors historical S&P 500 turnover—approximately 98% of companies have been replaced since 1929. Hayes emphasized that such cycles are normal and do not signal industry decline; the altcoin ecosystem will continue to evolve.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

3 Altcoins Savvy Investors Are Watching — BTC, ETH, and SOL

Bitcoin leads with strong institutional ETF inflows and growing regulated investor demand. Ethereum gains strength through blockchain utility, DeFi leadership, and rising ETF interest. Solana attracts investors with speed, ecosystem growth, and potential spot ETF optimism. Crypto investo

CryptoNewsLand16m ago

Trump: U.S. Stock Market Reaches Record High Today Despite Minor Conflict

According to reports, U.S. President Trump stated today that the stock market reached a record high, despite ongoing minor conflict.

GateNews35m ago

Jacob Smagula, Bitcoin Miner MARA Veteran, Joins U.S. Congress Digital Assets Team

According to BlockBeats, on May 5, Jacob Smagula, a policy researcher with crypto industry background, joined the team of U.S. Representative Ritchie Torres to work on digital assets legislation through the American Innovation Project (AIP). Smagula previously worked in government affairs at

GateNews43m ago

TradFi Rise Alert: STRL (Sterling Infrastructure Inc) Rises Over 44%

Gate News: According to the latest Gate TradFi data, STRL (Sterling Infrastructure Inc) has surged by 44% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews48m ago

Coinbase Partners With Centrifuge for Tokenization Platform

Coinbase has partnered with Centrifuge, designating it as a preferred tokenization backbone, and has taken an equity stake in the company as part of the collaboration. The partnership is structured around expanding tokenized ETFs, credit, and structured products. ## Partnership Focus The strategic

CryptoFrontier49m ago

Sequans Sells 1,025 Bitcoin to Fund Debt Redemption as Q1 Revenue Drops 24.8%

According to Sequans Communications' statement on Tuesday, the Paris-based company sold 1,025 BTC during the first quarter of 2026 to finance convertible debt redemptions and an ADS buyback program. The transaction reduced its bitcoin holdings from 2,139 BTC at the end of 2025 to 1,114 BTC by

GateNews1h ago
Comment
0/400
No comments