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's potential unlocking of over 7 million WLD tokens, including 4.418 million recently unlocked and 2.779 million from a year ago, raises concerns about increased supply in a fragile market. Seller dominance and weak buyer demand add pressure...
Worldcoin (WLD) price rose over 10% in 24 hours, breaking above the $0.34 resistance level and challenging a bearish trend since June. The breakout above a pennant consolidation pattern, supported by a 150% surge in trading volume to $211 million and...
Worldcoin surged 8.7% to $0.3398, topping the gainers chart with a market cap of $1.22 billion, driven by recent protocol updates. Other notable gainers include Internet Computer, Mantle, World Liberty Financial, and Arbitrum, each benefiting from on...
