BitMEX Co-founder Arthur Hayes Sells HYPE to Fund Ferrari Purchase, Stands by 126x Forecast

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Crypto News

Arthur Hayes, the BitMEX co-founder who now runs crypto venture fund Maelstrom, sold his personal stash of Hyperliquid’s HYPE tokens just weeks after predicting the asset could rally 126-fold. Ferrari jokes and blockchain receipts Blockchain analytics service Lookonchain reported on Sunday that Hayes unloaded 96,628 HYPE — worth about $5.1 million — booking a profit […]

China’s Car, America’s Currency (USDT) — Why Stablecoins Keep the Dollar in the Driver’s Seat

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Crypto News

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. On the streets of Bolivia, an advertisement for a bright green […]