Arthur Hayes, co-founder of BitMEX, sold his entire Worldcoin (WLD) position on June 6 after initially supporting the AI-linked token. He had previously exited other altcoins like HYPE, NEAR, and ZEC within days, citing rising market volatility and macroeconomic concerns including energy prices and potential regulatory risks around AI. WLD had surged about 68% even as the broader crypto market fell nearly 10%, but Hayes reversed course quickly due to increased volatility and risk. His moves signal a cautious stance on high-beta altcoins amid uncertain market conditions, raising questions about WLD's price sustainability without his backing.
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...
On July 13, DeXe (DEXE), a decentralized asset management platform, surged 27.29% to $48.54, making it the top gainer among altcoins. This rise highlights growing investor interest in innovative trading and investment platforms. Meanwhile, other altc...
DeXe (DEXE) surged 7.04% to $38.16, topping the altcoin gainers due to recent improvements in its governance model, pushing its market cap to $1.78 billion. Other notable gainers include Arbitrum, Uniswap, Worldcoin, and Aave, each rising between 4% ...
