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.
Worldcoin (WLD) fell 8.7% on Upbit, trading between 717 and 835 won amid an extreme greed sentiment signal, indicating high short-term volatility and profit-taking. Despite its long-term goal of expanding financial access, WLD is currently behaving l...
Arthur Hayes, co-founder of BitMEX, views the upcoming SpaceX IPO and other AI-related IPOs as bearish for the crypto market, prompting him to sell his entire holdings in altcoins like Hyperliquid (HYPE) and Near Protocol (NEAR) to take profits. Desp...
Siren (SIREN) surged 29.65% to $0.7415 following recent platform upgrades that improved its efficiency, signaling rising interest in decentralized finance. Meanwhile, LAB experienced a sharp decline of 36.95% to $10.89 due to a significant sell-off i...
Worldcoin (WLD) surged 40.61% to $0.557 as investors rotated capital into AI and identity-focused cryptocurrencies, despite a weakening broader market. Trading volume nearly doubled to $1.37 billion, signaling fresh liquidity and strong market partic...
Arthur Hayes sold his entire holdings in HYPE and NEAR tokens during a broader crypto market sell-off, transferring 247,334 HYPE tokens worth about $18 million to exchanges like OKX and Bybit. Despite HYPE and NEAR showing weekly gains, Hayes realloc...
