Arthur Hayes: This Rally Could Be a Dead Cat Bounce, BTC Has Not Decoupled from SaaS Tech Companies

BNB Chain announced on March 5 that its Peg Recovery Tool will wind down in three phases starting today. Peg Chain asset holders are urged to migrate their tokens to BNB Chain promptly.

March 5 – Per Ark Invest Tracker data, Cathie Wood’s Ark Invest yesterday boosted its stake in Roblox by 176,884 shares (valued at ~$11.92 million) and added 19,583 shares of Alibaba (worth ~$2.6 million).

On March 5, the Financial Times reported that Nvidia has reallocated TSMC’s manufacturing capacity away from producing its H200 chip to the next-gen Vera Rubin hardware, signaling the company no longer expects meaningful short-term growth in H200 sales. Unveiled earlier this year as Nvidia’s latest chip architecture, Vera Rubin is built for more complex AI systems and is seeing strong demand from top U.S. tech firms including OpenAI and Google.

On March 5th, Erik Voorhees—founder of Base Chain AI’s Venice project—noted that the Venice platform currently uses a privacy-by-design approach, where neither hints nor replies are stored or retained on Venice’s servers. Venice’s user base isn’t primarily crypto-focused, so these measures are sufficient for them. However, proving privacy protection is critical, and this is a pressing issue Venice urgently needs to address; verifiable privacy protection is coming soon. On March 3rd, Venice was named the recommended model provider for OpenClaw.

On March 5, Farside data shows U.S. Ethereum spot ETFs recorded a net inflow of $169.4 million yesterday, with key breakdowns including: - BlackRock’s ETHA: $39.3 million net inflow - Fidelity’s FETH: $30.3 million net inflow ### Notes on American English adaptation: 1. **Conciseness**: Replaced "according to Farside monitoring" with "Farside data shows" (standard for financial alerts). 2. **Clarity**: Used bullet points for ETF breakdowns (common in U.S. news/finance briefs). 3. **Terminology**: - "U.S." (correct abbreviation for "United States" in formal/informal U.S. usage). - "ETFs" (plural, since the data covers multiple issuer products). - "Posted/recorded" (more precise than "saw" for financial metrics). 4. **Date format**: "March 5" (preferred over "March 5th" in U.S. casual/breif writing). If retaining `

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On March 5, Farside data indicates U.S. Ethereum spot ETFs posted a net inflow of $169.4 million yester

On March 5, Farside data showed U.S. Bitcoin spot ETFs posted a net inflow of $461.9 million yesterday—their third consecutive day of net inflows, with total inflows surpassing $1.1 billion over the past three days. Notably, BlackRock’s IBIT recorded a $306 million net inflow yesterday, while Fidelity’s FBTC saw a $48 million net inflow.