News
4 Jun 2026, 10:13
Strategy Didn’t Sell Bitcoin in May, According to Polymarket

Polymarket has officially finalized one of this year’s most controversial events. It’s a prediction market on whether Strategy will sell Bitcoin in May, and it resolved to “No,” meaning that, according to the platform, the company didn’t sell BTC that month. Here’s the kicker: the firm did sell BTC in May, as confirmed not only by its executives but also by an official filing with the US Securities and Exchange Commission. So what’s the reason for the resolution, you may ask? Well, the fact that confirmation came after the deadline. The decision rests entirely on the timing of the announcement. The filing came on June 1st (which is what literally everyone expected, because that’s when these filings are… filed), after the May 31 deadline had passed. Polymarket’s decision has drawn massive criticism not only because of the outcome, but because the platform added a clarification after the market had closed, stating that announcements made after the deadline would not count toward resolution, as seen in the screenshot below. Source: TradingView What is even odder is that all subsequent time frames for the new markets for the same event lack this “additional context,” meaning traders can be easily misled again. Critics argue that this effectively changed the market’s rules after traders had already taken their positions, which is objectively true. Many traders started taking positions on June 1st (which is after the deadline), because the market hadn’t been closed by Polymarket yet. A May Sale, a June Filing To give further context on the happening – at the center of this dispute is the difference between when an event took place and when it became publicly confirmed – these are two completely separate events. One is tied to an objective outcome; the other is tied to the announcement of that outcome. Had the event been framed as “ MicroStrategy confirmed to have sold any of its Bitcoin by 11:59 PM ET on May 31,” then there is no room for interpretation. But the market was “ MicroStrategy sells any of its Bitcoin by 11:59 PM ET on May 31,” which they did. It was just announced later. Polymarket didn’t treat the actual outcome as decisive – it treated the time of the announcement. Even though this distinction may seem technical, it has huge implications for traders. A market framed around whether a company sold Bitcoin can produce one answer if judged by the transaction date, and the opposite answer if judged by the disclosure date. A Rule Changed After the Fact What made this entire thing even more contentious is the fact that Polymarket added its “post-deadline announcements do not count” rule only after the market had been closed. This raises very serious questions. Prediction markets depend on participants knowing the settlement criteria before they trade. Retroactively changing those criteria, especially after the relevant event has occurred, risks undermining confidence in the platform’s broader neutrality. A trader claimed to have lost around $500K after backing the “Yes” side, while other observers criticized the decision. The controversy has also sparked broader concerns about how prediction markets handle events that occur before a deadline but are confirmed only afterward. So, to put it in simple terms – Strategy did sell BTC in May according to its own filing. According to Polymarket, it didn’t. The post Strategy Didn’t Sell Bitcoin in May, According to Polymarket appeared first on CryptoPotato .
4 Jun 2026, 10:06
Crypto stocks retreat as Bitcoin extends five-day losing streak

More on Bitcoin USD Bitcoin Potential Near-Term Bullish Reversal Emerging From The Sub-$70K Plunge Market Brief: What Is Strategy Afraid Of? The 'Never Sell' Myth Shattered Bitcoin Breaks Below $70,000 As Sell-Off Continues Bitcoin lags equities as ETF outflows mount; Strategy challenges 'Never Sell' narrative Bitcoin bloodbath below $50K gets closer: rising odds & what went wrong
4 Jun 2026, 10:05
Is Ethereum headed for $1,380 after losing key support below $1,800?

Ethereum (ETH) slipped below $1,800 on Thursday, marking its first drop to this level since February 2026. The bearish performance comes amid accelerating spot selling and increased distribution from long-term holders. The move adds to a broader wave of weakness across the crypto market, driven by sustained risk-off sentiment. Technical indicators suggest that the selloff might continue for a while, with the $1,380 support level a likely target. Long-term holders accelerate distribution Ethereum is down 5% in the last 24 hours and is now trading around the $1,770 level. The bearish performance comes as on-chain data shows a clear rise in selling activity from previously inactive wallets. The Age Consumed metric , which tracks movement of dormant or long-held tokens, spiked over the past two days as ETH declined. This suggests that long-term holders (LTHs) are increasingly participating in sell-offs. Historically, a surge in this metric has aligned with periods of heightened distribution pressure, often reinforcing downside momentum. Furthermore, the realised profit/loss metric indicates that the most recent selling has come from underwater positions. While daily losses remain moderate, they have been consistently negative since April. This suggests that the selling pressure is being driven by risk aversion, holders are exiting positions at a loss, and confidence remains weak across recent market participants. This steady increase in realised losses points to sustained distribution rather than short-term profit-taking. On the institutional side, demand for Ethereum products has been declining in recent weeks. US spot Ethereum ETFs have recorded 16 consecutive days of net outflows, the longest streak since their launch in July 2024. The trend highlights fading institutional inflows at a time when spot markets are already under pressure. Despite falling prices, derivatives positioning remains mixed. The Open Interest remains above $26 billion, while the funding rate is still positive. Furthermore, the market is dominated by long positioning. This suggests traders are still betting on a near-term rebound, even as spot prices continue to weaken. Ethereum technical outlook: Bearish trend remains intact The ETH/USD 4-hour chart is extremely bearish as Ethereum has lost 11% of its value in the last seven days. At press time, Ethereum is trading below the 20-day EMA, 50-day EMA, and 100-day EMA (all clustered between roughly $2,030 and $2,245), reinforcing the bearish trend despite deeply oversold conditions. The Relative Strength Index (RSI) of 27 means that Ethereum is currently in the oversold territory. The MACD lines are also within the negative region, adding further confluence to the bearish narrative. If the bulls regain control, they would target the first major support-turned-resistance level at $1,909, with another level at $2,018. A daily close above these levels could allow the bulls to extend the rally and target the 20-day EMA, 50-day EMA, and 100-day EMA (all clustered between roughly $2,030 and $2,245). However, if the selloff persists and ETH drops below the $1,740 support, it could extend its decline towards the next major level at $1,524. The weekly chart suggests a floor around the $1,380 level, last tested on March 31 2025. The post Is Ethereum headed for $1,380 after losing key support below $1,800? appeared first on Invezz
4 Jun 2026, 10:02
Bitcoin Price Prediction: $50K Risk Meets $62K Breakdown Target in Bitcoin Crash Test

Bitcoin’s drop below $72,000 has split analysts between two key downside zones: the $50,000-$54,000 MVRV support area and the $61,000-$62,000z channel breakdown target. The latest charts show Bitcoin near a major technical test, with one model warning of deeper losses while another suggests the main bearish target has already been reached. Bitcoin Price Risks Deeper Drop as MVRV Bands Show Support Near $50K Crypto analyst Ali Martinez warned that Bitcoin could face further downside after breaking below the $72,000 level, citing Glassnode's MVRV Pricing Bands model. Bitcoin MVRV Pricing Bands. Source: Glassnode / Ali Martinez on X The chart shows Bitcoin trading near $67,180, below the MVRV mean band at $94,163 and slightly under the -0.5 deviation band at $72,444. According to the model, Bitcoin has entered a weaker zone where historical support becomes less dense. The next major support area on the chart sits between the realized price level at $53,909 and the -1.0 deviation band at $50,726. Martinez argued that this range could become Bitcoin's next downside target if current support fails to hold. MVRV (Market Value to Realized Value) Pricing Bands measure how far Bitcoin's market price deviates from its realized price, which represents the average cost basis of coins in circulation. Historically, upper bands have often aligned with cycle tops, while lower bands have frequently acted as accumulation and support zones during corrections. The chart shows Bitcoin previously finding support near the lower MVRV bands during major pullbacks in 2022 and 2023. If that pattern repeats, the $50,000-$54,000 area could become an important region for traders watching the current decline. However, Bitcoin remains above both the realized price and the -1.0 deviation band. As long as those levels hold, the MVRV model suggests the long-term bull market structure would remain intact despite the ongoing correction. Bitcoin Price Hits Technical Breakdown Target as Analyst Says Bearish Scenario May Be Exhausted Crypto analyst SuperBitcoinBro said Bitcoin has already reached the downside target generated by its recent breakdown from an ascending channel, suggesting the technical move may now be complete. Bitcoin Daily Chart (BTC/USD). Source: SuperBitcoinBro on X / TradingView The chart shows Bitcoin falling sharply after breaking below the lower boundary of an ascending channel that had guided price action since February. Using the channel's height as a measured-move target, the analyst projected a decline toward the $61,000-$62,000 region. Bitcoin has since dropped to approximately $63,869 and briefly tested the projected target zone. According to SuperBitcoinBro, the market reacted almost exactly where the channel breakdown model suggested it would. The chart also highlights several Fibonacci retracement levels, including the 38.2% level near $74,000, the 50% level around $79,000, and the 61.8% level close to $84,000. Bitcoin lost all three levels during the recent decline before reaching the measured downside objective. SuperBitcoinBro argued that forecasts calling for substantially lower prices are not currently supported by this technical setup because the primary breakdown target has already been fulfilled. The analyst noted that while further downside remains possible, the chart suggests Bitcoin has reached a key area where selling pressure could begin to ease. The orange trendline and the 200-week moving average near the $61,600 area remain important support levels that traders may continue to watch for signs of stabilization.
4 Jun 2026, 10:02
XRP Whale Exodus On Binance Just Went Near-Zero. Here’s What It Means for Price

XRP investors are closely watching on-chain data after crypto commentator Pumpius highlighted a significant development involving whale activity on Binance. In a recent tweet, Pumpius shared a chart showing that XRP whale outflows from Binance have declined to near-zero levels, suggesting that large holders may have stopped moving significant amounts of XRP off the exchange. The chart, sourced from CryptoQuant and created by analyst ArabxChain, tracks XRP Binance whale outflows over 30 days alongside XRP’s price performance. According to the data, whale outflows have dropped sharply in recent months and currently sit at levels not seen since before XRP’s major rally in 2025. Pumpius emphasized the significance of the trend by stating that “the big boys stopped dumping” and argued that large-scale selling activity appears to have dried up completely. XRP WHALE EXODUS ON BINANCE JUST WENT NEAR-ZERO The big boys stopped dumping. Completely. Last time outflows dried up like this? XRP launched from $0.40 → $3.20 in the 2025 pump Accumulation phase loading… Are we about to see the next LEGENDARY run? pic.twitter.com/kfauBUyDF4 — Pumpius (@pumpius) June 2, 2026 Comparison to XRP’s Previous Rally A key point in Pumpius’s analysis was the comparison between current whale behavior and conditions before XRP’s major price surge. According to the commentator, the last time Binance whale outflows fell to similarly low levels, XRP advanced from approximately $0.40 to $3.20 during its powerful 2025 rally. The chart appears to show a correlation between periods of declining whale outflows and subsequent increases in XRP’s market value. While correlation alone does not establish causation, Pumpius suggested that the reduction in outflows could indicate that major holders are choosing to retain their positions rather than distribute tokens into the market. Traders often monitor such behavior because reduced selling pressure can create conditions that support upward price movement if demand remains stable or increases. Accumulation Narrative Gains Momentum Building on the data, Pumpius described the current market environment as an “accumulation phase,” implying that large investors may be positioning themselves ahead of a potential future move. The commentator questioned whether XRP could be preparing for what he described as the next “legendary run.” The idea behind this argument is relatively straightforward. If large holders are no longer sending substantial amounts of XRP to exchanges for potential sale, the available supply entering the market may decrease. Market participants often view this type of activity as a sign of confidence among major investors. However, whale outflows represent only one metric among many that analysts use to assess market conditions. Broader cryptocurrency market sentiment, regulatory developments, macroeconomic factors, and overall demand for XRP can also influence price performance. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Responds to the Data Members of the XRP community responded positively to Pumpius’ observations. One commenter, Anne, noted that while historical patterns rarely repeat in the same way, they can often produce similar outcomes. She argued that if selling pressure is truly nearing exhaustion while demand continues to grow, the coming months could become particularly important for XRP investors. Pumpius’ post ultimately focuses on a single but closely watched metric: Binance whale outflows. With the indicator now approaching zero, XRP’s supporters are watching to see whether the current conditions will resemble those that preceded the asset’s previous major rally. For now, the data has renewed interest in the possibility that large holders are entering another period of accumulation rather than distribution. 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 XRP Whale Exodus On Binance Just Went Near-Zero. Here’s What It Means for Price appeared first on Times Tabloid .
4 Jun 2026, 10:00
Arthur Hayes Says Worldcoin (WLD) Could ‘Moon’ To $5 By August: Here’s Why

Arthur Hayes has amplified a bullish Worldcoin thesis from Maelstrom, arguing that WLD could become a high-beta proxy for the coming wave of artificial intelligence IPOs. The call centers on a short-heavy setup, a potential balance-sheet bid from Eightco, and a scheduled reduction in WLD unlocks later this month. Hayes, the BitMEX co-founder and Maelstrom chief investment officer, put the argument in his typically blunt style on X. “Read it and weep WLD bears,” he wrote. “This shitcoin is going to moon … cause AI duh. Don’t mid-curve this shit.” The post quoted a Maelstrom research note titled “WLD Hated Rally,” authored by Lukas Ruppert, which frames Worldcoin as an overlooked liquid proxy for exposure to OpenAI-adjacent artificial intelligence upside. Maelstrom’s stated target is $5 by August, though the firm cautioned readers to “DYOR” and said the note was “not financial advice.” Maelstrom Sees Worldcoin (WLD) As An AI Proxy Maelstrom’s core thesis begins with public-market behavior around private technology listings. The firm pointed to SpaceX’s confidential S-1 filing on April 1, arguing that high-beta space-linked equities reacted sharply after the filing became known. Related Reading: Worldcoin’s FOMO Rally Cracks After On-Chain Activity Explodes “When SpaceX confidentially filed its S-1 on April 1, high-beta space names ran,” Maelstrom wrote. “Rocket Lab (RKLB) rallied 165%. Anthropic has now filed as well. The AI mega IPOs are coming – and it appears the market has overlooked one of the cleanest proxies.” The proxy in question is WLD. According to Maelstrom, investors are aggressively pursuing exposure to companies such as Anthropic and OpenAI, often through layered SPVs that charge high fees and imply valuations in the hundreds of billions or even trillions. By contrast, the note says WLD trades at a $2 billion unlocked market capitalization, a comparatively small figure if the market begins treating it as a liquid expression of AI-linked speculative demand. “Capital is aggressively chasing Anthropic and OpenAI exposure,” Maelstrom wrote. “Layered SPVs are charging egregious fees. Valuations are in the hundreds of billions and trillions. WLD trades at $2B unlocked market cap. A small cap, when it comes to AI valuations. Asymmetric upside.” The Bear Trap Setup The second leg of the thesis is positioning. Maelstrom argued that WLD has lagged the broader AI trade despite the intensity of investor interest in the sector. The token is down year-to-date, according to the note, while perp funding has turned deeply negative. The firm tied that weakness partly to Worldcoin’s March OTC round, which it said raised $65 million, including $25 million locked for six months. Since then, Maelstrom argued, OTC participants have been hedging exposure while long-short traders continued leaning into a bearish chart. Related Reading: Worldcoin Drops 10% Even As Sam Altman Doubles Down On Human ID Tech “While the AI bull market has been raging, $WLD is down YTD,” the note said. “In March, Worldcoin closed a $65M OTC round, with $25M locked for six months. Since then, perp funding has turned deeply negative as OTC participants hedge exposure and L/S traders continue pressing a down-only chart. Textbook short overhang. But those shorts could end in tears.” That short overhang is central to the $5 target. In Maelstrom’s view, WLD does not need a constant bid to move sharply. It needs a catalyst capable of forcing crowded shorts to reassess at the same time that new buyers begin treating the token as an AI trade. Maelstrom pointed to Eightco Holdings, trading under the ticker ORBS, as another possible accelerant. The note described Eightco as a WLD/OAI digital asset treasury and said the company reported approximately $144 million in cash and equivalents on its balance sheet on May 27. “Even a modest allocation into WLD could trigger a reflexive loop,” Maelstrom wrote, adding that the daily unlock rate is scheduled to drop 43% on July 24. The firm also said ORBS already holds roughly 283 million WLD, equal to about 8.3% of circulating supply, and claimed the company is “just getting started.” UPDATE: In a later X post, Hayes added: “The SpaceX IPO is going to melt people’s faces off. Holding the WLD through the listing next week.” He also revealed that he sold his entire HYPE and NEAR positions. At press time, WLD traded at $0.5192. Featured image created with DALL.E, chart from TradingView.com







































