hodler

2 Jun 2026, 04:29

Crypto rally today: Why Humanity, Near Protocol, Worldcoin are pumping

A crypto rally is happening among AI tokens today, as investors cheer the latest Anthropic IPO application and Nvidia news. Humanity token jumped by 27% in the last 24 hours, while Worldcoin (WORLD) and Near Protocol (NEAR) soared by over 10% in the same period. Near Protocol, Worldcoin, and Humanity tokens are pumping | Source: TradingView Humanity, Near Protocol, Worldcoin rally after Anthropic IPO filing The ongoing AI coin rally is happening in a difficult day for the crypto market as Bitcoin and most altcons have slumped. Bitcoin price dropped below $73,000 as ETF outflows continued. Ethereum is also positioned below the important support level at $2,000. Consequently, the market capitalization of all tokens dropped by over 2.6%. Humanity, Worldcoin, and Near Protocol tokens are rising in a high-volume environment as investors position themselves for the upcoming IPOs that will be valued at over $4 trillion. The first one will be the upcoming SpaceX IPO, which happens mid-month. According to Bloomberg, the company reduced its target to $1.7 trillion from the previous $2 trillion. Still, Polymarket traders believe that the company will attain a $2 trillion valuation after its IPO as retail investors pile in. SpaceX is seen as both a space and AI IPO because of its business. While most of its revenue comes from Starlink, the company also owns xAI, the parent company of Grok, a popular AI chatbot. Anthropic filed its IPO filing on Monday, a few days after it concluded its fundraising that valued it at over $900 billion . This fundraising means that it will be the fastest company to hit a $1 trillion valuation since it was started a few years ago. It took companies like Google and Apple decades to cross that milestone. OpenAI has already filed its IPO papers, and traders believe that its valuation will eventually cross the $1 trillion mark despite its slowing business . AI theme is doing well Therefore, Humanity, Near Protocol, and Worldcoin tokens are rising today as the artificial intelligence hype accelerates. Humanity and Worldcoin are considered AI tokens because their services help to verify humans. This feature will see high demand in the coming years, now that AI agents are booming. Website and application operators will want to know that there are human beings behind key transactions. Worldcoin is also associated with Sam Altman, its founder. Near Protocol, on the other hand, is at the confluence of key areas, including privacy, artificial intelligence, and layer-1. Near.com offers a service that makes it possible for users to handle multi-chain transactions in a private way. Near AI, on the other hand, offers a top AI agent marketplace. These features have led to more demand among investors. For example, Near Protocol’s volume surged to over $1 billion in the last 24 hours. Humanity Protocol and Worldcoin had over $743 million and $834 million in volume. Also, their futures open interest continued soaring. Another main reason behind the surge is that Nvidia has made some notable announcements this week, signaling that the AI boom was alive and well. For example, it launched its new AI chips for Windows, an industry it believes will be worth over $200 billion in the long term. All these events have led to a surge in demand for AI coins and stocks. The post Crypto rally today: Why Humanity, Near Protocol, Worldcoin are pumping appeared first on Invezz

2 Jun 2026, 04:28

Solana (SOL) Risks Slipping Deeper Into The Red As Momentum Fades

Solana failed to settle above $84 and trimmed most gains. SOL price is now consolidating losses above $78 and might continue to move down. SOL price started a fresh decline below $82 and $81.20 against the US Dollar. The price is now trading below $81.20 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $82.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $78.80 or $78.00. Solana Price Dips From $84 Solana price failed to remain stable above $83.20 and started a fresh decline, like Bitcoin and Ethereum . SOL declined below the $82 and $81.50 levels. The bears even pushed the price toward $80. A low was formed at $79.01, and the price is now consolidating losses. There was a break above the 38.2% Fib retracement level of the downward move from the $83.26 swing high to the $79.01 low. Solana is now trading below $81.20 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $81.10 level or the 50% Fib retracement level of the downward move from the $83.26 swing high to the $79.01 low. The next major resistance is near the $82.00 level. The main resistance could be $82.80. A successful close above the $82.80 resistance zone could set the pace for another steady increase. The next key resistance is $84.50. Any more gains might send the price toward the $85 level. More Losses In SOL? If SOL fails to rise above the $82.00 resistance, it could continue to move down. Initial support on the downside is near the $79 zone. The first major support is near the $78.00 level. A break below the $78.00 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $79.00 and $78.00. Major Resistance Levels – $81.20 and $82.00.

2 Jun 2026, 04:20

Altcoin Season Index Drops to 38 as Bitcoin Dominance Holds Steady

BitcoinWorld Altcoin Season Index Drops to 38 as Bitcoin Dominance Holds Steady The Altcoin Season Index, a widely followed metric from CoinMarketCap, has slipped further to 38, down one point from the previous day. The decline signals that altcoins continue to struggle against Bitcoin’s relative strength in the current market cycle. Understanding the Altcoin Season Index The index tracks the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, against Bitcoin over a rolling 90-day period. A reading of 100 would indicate that every altcoin in the top 100 has outperformed Bitcoin, while a score of zero suggests the opposite. An ‘altcoin season’ is formally declared when at least 75% of those coins beat Bitcoin’s performance during that window. With the current reading at 38, the market remains firmly in what analysts often call ‘Bitcoin season,’ where the leading cryptocurrency by market cap continues to capture a larger share of trading volume and investor attention. What the Decline Means for Investors The gradual decline from higher levels earlier in the year reflects a broader shift in risk appetite among crypto traders. When Bitcoin dominance rises, capital tends to flow out of smaller-cap altcoins and into Bitcoin, which is often perceived as a safer store of value during periods of uncertainty. This trend has been visible in the performance of many top altcoins, which have failed to sustain rallies against Bitcoin over the past three months. The index’s proximity to 40 suggests that while a handful of altcoins may still be outperforming, the overall momentum is not strong enough to signal a broad rotation into alternative assets. Market Context and Broader Implications The Altcoin Season Index is not a predictive tool but a descriptive one. It reflects what has already happened in the market. However, sustained low readings can influence trader behavior, as many retail and institutional investors use the index to gauge whether to shift capital from Bitcoin into altcoins or maintain a Bitcoin-heavy portfolio. Historically, prolonged periods of low index readings have preceded eventual altcoin rallies, as market cycles tend to rotate. But there is no guarantee of timing, and the current reading suggests patience may be required for those betting on a broad altcoin recovery. Conclusion The Altcoin Season Index at 38 confirms that Bitcoin remains the dominant force in cryptocurrency markets as of the latest data. While the index can change rapidly, the current environment favors a cautious approach to altcoin exposure. Traders and investors should monitor the index alongside other metrics like Bitcoin dominance and trading volumes for a more complete picture of market sentiment. FAQs Q1: What is the Altcoin Season Index? The Altcoin Season Index is a metric from CoinMarketCap that compares the 90-day price performance of the top 100 cryptocurrencies (excluding stablecoins and wrapped tokens) against Bitcoin. A score above 75 indicates an altcoin season. Q2: What does an index reading of 38 mean? A reading of 38 means that fewer than half of the top 100 altcoins have outperformed Bitcoin over the past 90 days. It suggests Bitcoin is outperforming most altcoins during that period. Q3: Should I sell my altcoins when the index is low? The index is a descriptive metric, not a buy or sell signal. Low readings can precede eventual altcoin rallies, but they also indicate current weakness. Decisions should be based on individual research and risk tolerance. This post Altcoin Season Index Drops to 38 as Bitcoin Dominance Holds Steady first appeared on BitcoinWorld .

2 Jun 2026, 04:16

Bitcoin Slips Toward $70K, Strategy Sells 32 BTC, $80M Polymarket Bet in Dispute

Bitcoin News Bitcoin slid toward the $70,000 mark late Monday as escalating tensions between the United States and Iran sapped appetite for risk assets. BTC fell 4.2% over 24 hours to $70,587, whil...

2 Jun 2026, 04:07

Bitcoin faces pressure as S&P 500 hits record 42 on CBOE index

🚨 Bitcoin faces external pressure as S&P 500 hits record capital concentration, according to Binance Research. CBOE Dispersion Index reached 42, the third-highest level, signaling fresh outside pressure in $BTC. 📈 Past concentration peaks saw Bitcoin find a bottom within zero to 20 weeks, with a quick median recovery. 🛡️ Artificial intelligence, defense, energy, and commodities are drawing capital away from crypto assets now. Continue Reading: Bitcoin faces pressure as S&P 500 hits record 42 on CBOE index The post Bitcoin faces pressure as S&P 500 hits record 42 on CBOE index appeared first on COINTURK NEWS .

2 Jun 2026, 04:03

'We've All Been Lied To'—Crypto's $49 Trillion Retirement Bet

IRA Financial is launching real-time trading of nearly 100 crypto tokens inside self-directed IRAs, as Washington clears the way for crypto in retirement accounts.