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, 12:26

Strategy's Saylor's explanation for bitcoin's slide isn't what bears think

Bitcoin's drop reflects capital rotation into AI, Saylor argues, but the bears have a darker reason.

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, 12:21

Morning Minute: Crypto Crashes, New Lows In Sight

Bitcoin falls to $62k and Arthur Hayes selling his HYPE and NEAR position leads to double digit fallout for recent alt darlings.