hodler

6 Jun 2026, 21:18

Shiba Inu Finally Signals Recovery Amid 9% OI Surge

Shiba Inu bearish sentiments appears to be easing as its latest futures activity shows renewed interest in the SHIB derivatives market despite continued volatility.

6 Jun 2026, 21:00

Zcash Suffers Historic Collapse As Billions Vanish From Market Value

The cryptocurrency market was shaken by a dramatic collapse in Zcash price, with the privacy-focused digital asset losing more than half of its value in just 24 hours. This sudden decline erased billions of dollars from its market capitalization, making it one of the most significant single-day drawdowns seen in the sector this year. What Triggered Zcash’s Dramatic Market Collapse? The dramatic collapse in Zcash may be tied to fear surrounding a recently disclosed vulnerability affecting the network’s privacy infrastructure. In a recent post on X, an analyst known as Bull Theory revealed that the biggest privacy coin lost over 50% of its value within 24 hours, erasing $5 billion from its market capitalization. This sharp selloff was hidden inside the Zcash Orchard privacy pool since May 2022 and remained undetected for nearly four years despite multiple security audits. Reports indicate that security researcher Taylor Hornby identified the issue using the Claude Opus 4.8 artificial intelligence and successfully developed a working proof-of-concept that generated counterfeit ZEC during local testing on May 29. Although the bug has now been patched as of June 2, the deeper concern is that Zcash’s privacy design makes it impossible to know if any counterfeit ZEC was minted before the fix. Unlike Bitcoin, where the total supply can be independently verified on-chain, Zcash’s privacy design makes it difficult to confirm whether any counterfeit coins were secretly minted before the fix. While the development team maintains that no fake ZEC was minted, the lack of verifiability has fueled uncertainty and panic among traders who sell their holdings. This situation highlights a fundamental trade-off between privacy and transparency. As a result, Shielded Labs is now exploring a proposed network upgrade that would allow participants to verify the integrity of the Zcash total supply, aiming to restore confidence across ZEC’s ecosystem. World-Class Security Research Remains Central To Zcash’s Development Zcash’s strength lies in the caliber of its cryptographers, security engineers, and security researchers. Co-Founder of Gemini, Cypherpunk, Winklevosscap Guitars, and Marsjunction, Cameron Winklevoss, has explained that the community is heavily focused on continuous improvement and hardening the network. This proactive approach is precisely why the project actively engages world-class security researchers to search for vulnerabilities, an effort that led to the recent discovery of a potential exploit. Winklevoss frames the incident as a positive signal rather than a cause for alarm. In complex Layer 1 systems, no blockchain network is immune to bugs. What is important is that there are world-class researchers focused on hardening the network and staying ahead of the villain. This dynamic, where elite researchers are constantly testing and strengthening the system, is fundamental to building resilient and secure infrastructure.

6 Jun 2026, 20:20

ZachXBT accuses Arthur Hayes of using followers as exit liquidity after WLD token sell-off

Blockchain investigator ZachXBT has called out BitMEX co-founder Arthur Hayes on June 6 for dumping tokens he had publicly promoted. He questioned how much “exit liquidity” Hayes’s followers absorbed in the process. This comes after Hayes exited positions in NEAR, HYPE, ZEC, and WLD in a space of two weeks, each sale following public endorsements that drew retail attention to the tokens. >Promote WLD position you claim to be super bullish on multiple times with targets significantly higher than current price >Exit WLD position shortly after ??? — ZachXBT (@zachxbt) June 6, 2026 Which tokens did Hayes sell after promoting? On May 22, Hayes called Hyperliquid’s HYPE, Zcash’s ZEC, and NEAR Protocol’s NEAR tokens the “ Holy Trinity ” and opened bullish positions on them. By June 4, he had sold his entire HYPE and NEAR holdings , posting on X that a forthcoming essay titled “Reality Test” would explain the reasoning. He stated that higher energy prices from the Iran conflict, three upcoming “mega AI IPOs,” and a prediction that Trump would pivot against AI ahead of midterms were reasons for his action. One day later, Hayes dumped his ZEC position , pointing to the Orchard Pool exploit as the catalyst. He stated that “the privacy from AI, govt, big tech narrative demands perfection” and that the exploit, while unlikely to have enabled token minting, could not be “formally cryptographically proved impossible.” At that point, he said he was still holding WLD. However, that hold lasted less than 24 hours. On June 4, Hayes framed Worldcoin as a bet on SpaceX’s upcoming Nasdaq listing, writing that the IPO was “going to melt people’s faces off.” By June 6, he had sold the WLD position too, writing that “this chart is going in the wrong direction.” How did ZachXBT challenge Hayes? ZachXBT’s post highlighted all four exits. The blockchain investigator directed a question to Hayes, asking him, “How much exit liquidity was created from your followers over the past couple days?” and listing the tokens in order: “First NEAR HYPE ZEC / Now WLD.” Hayes responded to ZachXBT, writing, “I sold to a willing seller at a price.” He added, “Prices could be higher and then I would be called a dumb ass. I just happened to call it right this time as it regards to my trading goals.” Could Hayes face further backlash? The dispute lands at a moment when influencer-driven trading remains one of crypto’s most contentious dynamics. Hayes commands a large following. His HYPE/NEAR exit post alone pulled over 3,300 likes and 536 quote tweets, and his endorsements carry enough weight to move retail sentiment. The pattern ZachXBT identified is specific: public promotion generates buying interest, and the promoter exits into that demand. Each individual trade came with its own rationale, from macro concerns to exploit risk to chart weakness. Taken together over 15 days, the cumulative effect is what ZachXBT characterized as followers absorbing the downside. WLD was trading at $0.42 as of June 6, according to CoinMarketCap data , down more than 96% from its all-time high of $11.82 set in March 2024. Hayes has previously built and exited positions publicly, including a long-running bullish stance on ZEC. A Cryptopolitan report from May noted that Hayes had set a ZEC price target of 10% of Bitcoin’s value, which at the time implied a price above $8,000, roughly 14 times where ZEC was trading. The “Reality Test” essay Hayes promised as explanation for his HYPE and NEAR exits has not yet been published. Observers will be looking forward to whether it addresses the full four-token sequence, and the questions ZachXBT raised. If you're reading this, you’re already ahead. Stay there with our newsletter .

6 Jun 2026, 20:02

Analyst to XRP Holders: I Feel Like We Are Very Close to This Moment

XRP may be approaching a critical stage in its long-term market cycle. Crypto analyst Cryptobilbuwoo0 believes the asset is showing conditions similar to those seen before its 2017 historic rally. The analyst noted XRP’s position near a long-term ascending trendline and suggested the current setup resembles the period leading to the explosive move in March 2017. He stated that XRP is “shaking up as if breaking the long-term uptrend line” and described the current zone as an “all-time low buying opportunity .” The chart accompanying the post presents a multi-year view of XRP’s price action stretching from 2014 through 2029, highlighting recurring interactions with a long-term rising channel and key Fibonacci levels. It is shaking up as if breaking the long-term uptrend line. $XRP 's current position represents an all-time low buying opportunity, similar to February 2017 before the rally in March. It is wrapping up the fifth wave of the final downtrend. Looking ahead, I expect the unexpected… https://t.co/lRAEi751Kv pic.twitter.com/SCMXDXke4m — (X)=chi (R)esurrected (P)=rho (@Cryptobilbuwoo0) June 5, 2026 Chart Points to Historical Repeat The chart shows XRP trading within a broad ascending channel for more than a decade. Two areas receive particular attention. The first appears in 2017, where XRP briefly touched the lower boundary of the channel before beginning a powerful advance. The second appears in 2026, where XRP has once again returned to the lower section of the structure. Both areas carry labels marking “Divergence & Bottom in,” suggesting the analyst sees a similar bottoming process developing. The current position is near the lower white trendline that has supported XRP during market cycles. The chart also includes Fibonacci extension levels marked at 0.236, 0.618, and 1.0. XRP recently fell back toward the lower part of the channel after reaching significantly higher levels in mid-2025 . Despite that pullback, the long-term structure remains intact on the chart. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Final Wave Completion Scenario Cryptobilbuwoo0 also stated that XRP is “wrapping up the fifth wave of the final downtrend.” That comment references Elliott Wave theory , which often views a five-wave decline as the completion of a corrective structure before a new upward cycle begins. Under that interpretation, the current weakness would represent the final stage of a larger correction rather than the start of a new bearish trend. The analyst did not provide a specific price target. However, the chart projects a path toward higher Fibonacci levels within the channel. The highlighted 0.618 level sits near $17.11, while the upper 1.0 level appears around $113.13. Those levels represent long-term reference points rather than short-term targets, but they illustrate the scale of the move anticipated if the 2017 fractal plays out and XRP follows the same trajectory shown on the chart. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst to XRP Holders: I Feel Like We Are Very Close to This Moment appeared first on Times Tabloid .

6 Jun 2026, 20:00

ADA falls to $0.156: Can Cardano’s fundamentaIs still stage a comeback?

The next move for ADA may depend less on price and more on whether activity returns to the network.

6 Jun 2026, 20:00

Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff

Bitcoin is facing a pivotal moment after a sharp market-wide selloff dragged prices toward a major support level. As bearish momentum begins to slow and signs of buyer interest emerge, the coming days could reveal whether this zone becomes the foundation for a rebound or the gateway to a deeper correction. Bitcoin Loses Previous Monthly Low As June Begins Analyzing Bitcoin’s outlook for June, Lennaert Snyder observed that BTC started the month by breaking below the previous month’s low, a development that has weakened the near-term technical picture. In his view, this early loss of support makes a move toward the prior monthly high near $82,800 significantly less likely. Related Reading: Bitcoin’s Market Structure Reflects The Influence Of Major Investors The analyst explained that monthly clearout candles are relatively rare occurrences, reducing the probability of Bitcoin reclaiming higher levels in the short term. Attention is now shifting toward a major support zone that could influence market direction throughout the remainder of the month. Snyder also noted that the recent selloff left behind considerable liquidity, creating an environment where prices could become increasingly volatile. As Bitcoin trades within this broader support range, he expects periods of consolidation and choppy price action, along with occasional relief rallies. Moving forward, the analyst intends to closely track price behavior for potential intraday opportunities and liquidity-driven setups. He added that another sharp downside sweep could trigger additional long liquidations, generating fresh trading opportunities. BTC Faces Its Biggest Test Yet At $60,000 Kamile Uray noted that Bitcoin suffered a sharp decline alongside the broader financial markets, bringing the cryptocurrency back to the closely watched $60,000 level. The analyst emphasized that this area has long been considered a major support zone, and a stronger buyer response here could spark a corrective rebound following the recent selloff. Related Reading: Bitcoin Recovery Rally Or Bull Trap? These Key Levels Hold The Answer Uray also pointed out that the Relative Strength Index (RSI) remains in oversold territory on both the daily and 4-hour timeframes. Such conditions indicate that bearish momentum may be weakening, increasing the possibility of a short-term recovery. According to the analyst, the formation of candles with long lower wicks would be an encouraging sign that demand is emerging at current levels. In the event of a rebound, the first resistance to watch sits around $67,500, followed by the more significant $74,000–$75,000 zone. However, Uray cautioned that the risk of further downside will remain until Bitcoin can establish sustained strength above $74,569. Currently, the $60,000 level remains the key line of defense for the bulls. A decisive break below this support could expose Bitcoin to a deeper decline toward the $55,000–$50,000 region. On the upside, if momentum continues to improve, key resistance levels are at $74,569, $82,885, $98,000, and the $107,000–$109,000 area, with the latter expected to act as a major barrier to further gains. Featured image from Getty Images, chart from Tradingview.com