Arthur Hayes, co-founder of BitMEX and head of Maelstrom, sold the firm's entire Worldcoin stake just a day after saying he would hold it. He linked his decision to a sharp decline in pre-listing prices of SpaceX shares, which are tied to the AI trade that Worldcoin proxies. Worldcoin's price fell about 10% in 24 hours, with a notable drop following Hayes' announcement, contributing to a broader crypto market decline. This move highlights the volatility and quick shifts in crypto investment sentiment, especially around AI-related assets and pre-market signals from private companies like SpaceX.
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
Provenance Blockchain (HASH) led gains on July 14 with a 16.54% price surge to $0.009461, driven by its focus on financial services using distributed ledger technology. Other notable gainers included Beldex (BDX) up 15.97%, NEAR Protocol rising 4%, a...
