Arthur Hayes, co-founder of BitMEX, sold his entire position in Worldcoin shortly after publicly endorsing the token and setting bullish price targets. This triggered scrutiny from on-chain investigator ZachXBT, who questioned whether Hayes’ public commentary influenced retail investors to enter before Hayes exited, potentially creating exit liquidity during volatile market conditions. Hayes defended his trades, stating they were executed at market prices to willing buyers and aligned with his trading strategy, not influenced by social media sentiment. The situation highlights concerns over the impact of influencer commentary on market dynamics and liquidity in crypto trading.
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% ...
