Arthur Hayes dumps HYPE and Near, turns to this crypto ahead of SpaceX IPO

Arthur Hayes, co-founder and CIO of the BitMEX exchange, has dumped all his Hyperliquid (HYPE) and NEAR Protocol (NEAR) holdings and shifted his focus to Worldcoin (WLD) ahead of the much-anticipated initial public offering (IPO) of Space Exploration Technologies Corporation (SpaceX). As Bitcoin (BTC) led the broader cryptocurrency market into a sell-off, Hayes announced he […]

Michael Saylor Saylor Speaks After Strategy’s Bitcoin (BTC) Sell! “The Recent Drop….”

The cryptocurrency market is having a tough week. Bitcoin ($BTC) and altcoins, already on a downward trend, are experiencing sharp declines following Strategy’s long-standing $BTC sale. At this point, Bitcoin fell to $63,000 and Ethereum (ETH) to $1,770, and Strategy founder Michael Saylor spoke after the sell-off. Saylor stated that the flow of capital from […]

Michael Saylor’s Strategy sits on the biggest unrealised losses in history 

Michael Saylor’s Strategy (NASDAQ: MSTR), a business intelligence company formerly known as MicroStrategy, is now sitting on record $10.8 billion in unrealized losses. After six years of its characteristically aggressive and bullish Bitcoin (BTC) acquisitions, the company is now down 17% on its flagship crypto position, according to the latest data published by The Kobeissi […]