hodler

4 Jun 2026, 12:34

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 had sold his entire HYPE and NEAR holdings. On June 4, he deposited 247,334 HYPE, worth around $18.02 million, across multiple crypto exchanges, including OKX, Bybit, and Flowdesk, according to on-chain data from Arkham Intelligence, as analyzed by Finbold. On-chain transfers by Hayes. Source: Arkham Intelligence Meanwhile, Hayes has turned to WLD ahead of the SpaceX IPO , which is expected to raise $75 billion at a $1.75 trillion valuation. “The SpaceX IPO is going to melt people’s faces off. Holding the $WLD through the listing next week,” Hayes noted . The reason for the portfolio shift was risk from the war in Iran and inventory restocking, which are pushing energy prices higher. Additionally, Hayes argued that three mega artificial intelligence IPOs are lined up before the early third quarter. As such, he highlighted that if Trump goes anti-AI to win the midterms, the market could hit new highs between now and September 2026. Why is Hayes bullish on WLD? Hayes could have shifted his position from NEAR and HYPE to WLD, potentially driven by ongoing capital rotation toward AI-focused crypto projects. Over the past seven days, NEAR price has gained 2.32%, trading around $2.44 at press time. NEAR/USD 7-day chart. Source: Finbold During the same period, HYPE price climbed nearly 17%, trading at about $66.51 on Thursday. From a technical analysis standpoint, HYPE price could be forming a potential reversal pattern, characterized by a double top. HYPE/USD 7-day chart. Source: Finbold Meanwhile, the WLD price has rallied by over 62% in the last 7 days, trading at $0.479 at the time of publication. The altcoin has been forming higher highs and lows, thereby signaling a stronger bullish momentum. WLD/USD 7-day chart. Source: Finbold As such, Hayes could be eyeing to ride the WLD bull market amid the ongoing AI boom. ​ The post Arthur Hayes dumps HYPE and Near, turns to this crypto ahead of SpaceX IPO appeared first on Finbold .

4 Jun 2026, 12:30

What To Expect For The Bitcoin Price By EOY 2026

The Bitcoin performance over the last year has disappointed investors as the cryptocurrency’s price has stalled below $100,000. Even now, with the price seeing some recovery, it has remained muted, and there has not been any notable recovery in the price. With the second quarter coming to an end, a crypto analyst has outlined what investors can expect for the pioneer cryptocurrency , not just for this month, but for its performance through the end of the year 2026. How Bitcoin Could Close The Second Quarter (Q2) Pseudonymous crypto analyst Aralez shared their predictions for the last three quarters, and for the second quarter, the analyst takes a bearish stance . During this time, the crypto analyst predicts that both Bitcoin and the crypto market will see major downside. For the stock market, the analyst sees the S&P dropping to $7,400, and the Bitcoin price taking a similar route and dropping to $58,000, and the Ethereum price moving lower. Given that only this month is left of Q2, the analyst’s prediction would have to happen soon, triggering bearish sentiment in the market. The Quarter That Begins The Change Following the end of June, the crypto analyst sees better trends in the third quarter of the year. Firstly, Aralez predicts that the Bitcoin price will first enter into a capitulation phase. But this is not the end, as large players (whales) would continue to accumulate the cryptocurrency at this point. With the Federal Reserve expected to ease off on interest rates, the analyst predicts a transition of volatility as the Fed changes its stance. Once these factors are met, the Bitcoin price is expected to hit a bottom in the third quarter, setting the stage for the last leg of the year. A Major Bitcoin Surge To End The Year To close out the year, Aralez predicts a major Bitcoin move. Following the bullish setup predicted to happen in the third quarter of the year, the bearish trend is expected to turn and move toward $100,000 . This will happen among other catalysts that will drive crypto prices higher. For one, the analyst predicts that the artificial intelligence (AI) narrative will dominate the scene. At the same time, crypto liquidity is expected to rise as more money flows back into crypto and investors are willing to take more risk. If this prediction plays out, then the Bitcoin price could be looking at an at least 30% increase by the time the year 2026 runs out.

4 Jun 2026, 12:30

Bitcoin ETFs Lose $4.4 Billion During Historic Withdrawal Streak

The sustained selling coincided with a big decline in Bitcoin’s price and resulted in ETF holdings falling by more than 51,700 BTC over the past month. BlackRock’s IBIT accounted for the majority of the withdrawals, and analysts are divided on the cause of the downturn. Bitcoin ETFs Shed Billions US-listed spot Bitcoin exchange-traded funds (ETFs) are experiencing their longest streak of investor withdrawals since their launch. On Wednesday, spot Bitcoin ETFs recorded another $396.6 million in net outflows , extending the current streak to 13 consecutive trading days and pushing total withdrawals during this period to approximately $4.4 billion. Bitcoin ETF flows (Source: Farside Investors) The ongoing sell-off surpassed the previous record of eight consecutive days of outflows that was seen in February of 2025, when around $3.2 billion exited the funds. The persistent withdrawals coincided with a decline in Bitcoin’s price. Since the outflow trend began on May 15, Bitcoin has fallen by close to 20%, dropping to trade near $62,400. BTC’s price action over the past month(Source: CoinCodex) Among the ETF issuers, BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the majority of redemptions. The fund has seen approximately $3.3 billion leave its products during the 13-day period, representing about three-quarters of all Bitcoin ETF outflows. Fidelity’s Wise Origin Bitcoin Fund followed with roughly $456.6 million in withdrawals, while Grayscale’s Bitcoin Trust ETF recorded around $303.6 million in outflows. The impact of these withdrawals has been intense. Data shows that US spot Bitcoin ETFs collectively lost more than 51,700 BTC over the past month, which represents nearly $5 billion worth of Bitcoin. Despite the recent selling pressure, BlackRock is still the largest holder among ETF providers with close to 786,800 BTC under management, followed by Fidelity and Grayscale. Not all analysts believe that institutional investors are responsible for the downturn. Bloomberg ETF analyst Eric Balchunas argued that major institutional buyers, including Bitcoin ETFs and Michael Saylor’s Strategy, have generally continued accumulating Bitcoin over the longer term. Instead, he suggested that early Bitcoin holders may be responsible for much of the recent selling activity. Other analysts believe derivatives markets and leveraged trading positions may be amplifying Bitcoin’s price movements. They point out that on-chain selling activity has remained relatively limited, which indicates that liquidations and futures market dynamics could be playing a larger role in the recent volatility. CryptoQuant founder Ki Young Ju also believes that a broader shift is taking place in the Bitcoin ecosystem. He suggested that early adopters, miners, and long-term holders are transferring Bitcoin ownership to institutional investors, ETFs, and traditional financial market participants. While this transition may create short-term selling pressure, Ju believes it could ultimately strengthen Bitcoin’s long-term demand profile by placing more supply into the hands of investors with longer investment horizons.

4 Jun 2026, 12:25

'Don't Make Sense': Ripple CTO Emeritus Speaks on XRP Price, Cardano Price Slump Expands as Founder Steps Away, Coinbase Lists SpaceX: Why It's Red Flag for Cry...

Schwartz defends XRP's $1.14 slide, ADA hits 5-year low as Hoskinson steps away, and Coinbase SpaceX futures signal AI drain.

4 Jun 2026, 12:15

Indian Rupee Steadies as Market Awaits RBI’s Next Policy Move

BitcoinWorld Indian Rupee Steadies as Market Awaits RBI’s Next Policy Move The Indian rupee traded in a narrow range against the U.S. dollar on Wednesday, reflecting a cautious market mood as traders and investors await the Reserve Bank of India’s (RBI) upcoming monetary policy decision. The currency remained largely unchanged, holding near its recent levels, with limited volatility across the session. Market Sentiment Hinges on RBI Decision The RBI’s Monetary Policy Committee (MPC) is scheduled to announce its decision on February 7, 2026. Market participants are widely expecting the central bank to hold the repo rate steady at 6.50%, given the persistent focus on controlling inflation. However, some analysts have not ruled out a potential rate cut, especially if the central bank prioritizes supporting economic growth amid a global slowdown. The rupee’s subdued movement reflects the uncertainty surrounding the policy outcome. Traders are refraining from building large positions ahead of the announcement, a common pattern in currency markets before major central bank decisions. Global Cues and Dollar Dynamics On the global front, the U.S. dollar index (DXY) remained relatively stable, providing no strong directional trigger for the rupee. The dollar’s movement was influenced by mixed U.S. economic data and evolving expectations around the Federal Reserve’s own rate path. A weaker dollar globally tends to support emerging market currencies like the rupee, but the local currency’s gains have been capped by domestic factors, including concerns over the trade deficit and capital outflows. Foreign portfolio investors (FPIs) have shown mixed activity in Indian equities and debt markets in recent weeks, adding to the cautious tone. While some inflows have been recorded, they have not been strong enough to drive a significant appreciation in the rupee. Impact on Importers and Exporters A stable rupee provides some relief to Indian importers, particularly those dealing in oil and other commodities priced in dollars. For exporters, however, a lack of depreciation can be a headwind, as it makes Indian goods relatively more expensive in global markets. The RBI’s policy stance will be closely watched for any commentary on the currency’s fair value or intervention strategy. Conclusion The Indian rupee’s calm trading session underscores the market’s wait-and-see approach ahead of the RBI’s policy decision. The outcome will likely set the near-term direction for the currency, with any surprise in the rate decision or policy tone potentially triggering a breakout from the current narrow range. Investors should monitor the MPC’s commentary on inflation, growth, and global risks for clearer signals. FAQs Q1: Why is the Indian rupee stable ahead of the RBI policy decision? Traders are cautious and avoiding large positions until the RBI announces its interest rate decision and policy stance, leading to low volatility and a narrow trading range. Q2: What is the market expectation for the RBI’s February 2026 policy? The majority of analysts expect the RBI to hold the repo rate at 6.50%, focusing on inflation control. However, some anticipate a possible rate cut to support growth. Q3: How does the U.S. dollar index affect the Indian rupee? A weaker U.S. dollar generally supports the rupee and other emerging market currencies, while a stronger dollar puts depreciation pressure on them. The current stability in the dollar index has contributed to the rupee’s subdued movement. This post Indian Rupee Steadies as Market Awaits RBI’s Next Policy Move first appeared on BitcoinWorld .

4 Jun 2026, 12:05

Euro Rebounds Against US Dollar Despite Weak Eurozone Retail Sales Data

BitcoinWorld Euro Rebounds Against US Dollar Despite Weak Eurozone Retail Sales Data The Euro strengthened against the US Dollar in early European trading on Wednesday, defying expectations after the release of weaker-than-expected Eurozone Retail Sales data for December. The single currency rose to session highs near $1.0450, recovering from initial losses, as market participants focused on broader macroeconomic factors rather than the disappointing consumption figures. Eurozone Retail Sales Miss Forecasts Official data released by Eurostat showed that Eurozone Retail Sales fell by 0.8% month-on-month in December, significantly worse than the market consensus of a 0.1% decline. On an annual basis, sales contracted by 1.6%, compared to the expected 0.7% drop. The sharp decline was driven by a slump in non-food product sales, including clothing and electronics, as consumer confidence remained fragile heading into the holiday season. Despite the weak data, the Euro managed to hold its ground and eventually push higher against the Greenback. Analysts attribute the resilience to a combination of factors, including a broadly weaker US Dollar and shifting expectations around the European Central Bank’s monetary policy trajectory. US Dollar Weakness Provides Tailwind The US Dollar index (DXY) edged lower on Wednesday, retreating from recent highs as Treasury yields pulled back. Market participants are reassessing the pace of Federal Reserve rate cuts, with some now pricing in a more gradual easing cycle. This shift has reduced the yield advantage that had been supporting the Dollar in recent weeks. Additionally, risk appetite improved slightly in global markets, which typically benefits the Euro as a higher-beta currency against the safe-haven Dollar. Comments from ECB officials reiterating a data-dependent approach have also provided some support, as markets interpret this as a signal that rate cuts may not come as quickly as previously feared. Technical Levels in Focus From a technical perspective, the EUR/USD pair is now testing resistance around the $1.0450 zone. A sustained break above this level could open the door for a move toward the $1.0500 psychological barrier. On the downside, support is seen at $1.0380, with a break below that exposing the recent lows near $1.0330. Traders will be closely watching upcoming US economic data, including weekly jobless claims and consumer sentiment figures, for further directional cues. Any signs of a softening US economy could accelerate the Dollar’s decline and provide additional upside for the Euro. Conclusion The Euro’s ability to shrug off weak Retail Sales data underscores the complex interplay of factors currently driving currency markets. While domestic consumption remains a concern for the Eurozone economy, the immediate direction of EUR/USD appears more tied to US Dollar dynamics and broader risk sentiment. For now, the pair has found a foothold, but sustained gains will require a clearer catalyst, whether from ECB policy signals or a further deterioration in the US economic outlook. FAQs Q1: Why did the Euro rise despite weak Retail Sales data? The Euro rose primarily due to a weaker US Dollar and improved risk sentiment. Market participants focused on broader macroeconomic factors, including shifting expectations for Federal Reserve policy, rather than the specific Eurozone consumption data. Q2: What is the next key level for EUR/USD? The immediate resistance is at $1.0450. A break above this level could lead to a test of the $1.0500 psychological barrier. On the downside, support is located at $1.0380, with a break below that exposing the $1.0330 area. Q3: How does Eurozone Retail Sales data impact the ECB’s policy decisions? Weak Retail Sales data adds to evidence of sluggish domestic demand, which could increase pressure on the ECB to consider rate cuts sooner. However, the ECB has emphasized a data-dependent approach, and persistent services inflation may keep the central bank cautious. This post Euro Rebounds Against US Dollar Despite Weak Eurozone Retail Sales Data first appeared on BitcoinWorld .