On June 6, blockchain investigator ZachXBT criticized BitMEX co-founder Arthur Hayes for selling tokens shortly after publicly promoting them, questioning how much “exit liquidity” his followers provided. Hayes had exited NEAR, HYPE, ZEC and WLD within roughly two weeks, and replied that he sold to a willing counterparty and that the trades matched his stated goals.

On June 6, onchain investigator ZachXBT alleged that BitMEX co-founder Arthur Hayes repeatedly promoted tokens and then exited shortly afterward, most recently involving Worldcoin's WLD. He said the pattern spanned four positions—ZEC, NEAR, HYPE and WLD—over roughly 15 days, and Hayes has not publicly responded to the claims.

A June 5, 2026 post from Crypto Tony lists broad declines in major cryptocurrencies since Donald Trump took office. The figures cited show $BTC down 44%, $ETH down 49%, and $XRP down 68%, alongside sharper drops in several altcoins and two Trump-linked meme coins.

Forward Industries transferred 455,784 SOL (about $31.87 million) to Coinbase Prime, drawing attention to potential additional sell pressure while the firm is described as $1.13B underwater. Zcash took a hit as developers fixed an Orchard shielded-pool flaw patched on June 1 and Arthur Hayes said he sold his entire ZEC position, with prices reported down sharply. Separately, large U.S. banks were reported to be exploring a tokenized deposit network targeting a 2027 launch, while Binance Research projected exchanges could route up to $5 trillion of new equity capital into markets over five years.

A broad sell-off hit multiple asset classes, sending Bitcoin down to $59,100, pushing gold more than 4% lower, and wiping about $2 trillion from the S&P 500's market cap. The Kobeissi Letter and Nansen linked the move to a stronger-than-expected U.S. jobs report that undermined rate-cut expectations, alongside additional pressures such as crypto drawdowns and equity-supply worries. Kobeissi also cited shifting Fed expectations toward possible hikes by early 2026, after markets had previously priced in multiple cuts.

In the first quarter of 2026, unrealized losses held by US banks increased to $325.1 billion, the first quarter-over-quarter rise since Q4 2024. The FDIC said the total climbed $19.0 billion, or 6.2%, as 30-year mortgage rates rose in March and reduced the value of banks' mortgage-backed securities. The agency also reported the "Problem Bank List" declined by a net six to 54 institutions during the quarter.

Huasheng Securities told clients that from June 15 (Beijing time), mainland China accounts will be blocked from opening new positions, making new purchases, or adding funds and securities to the platform. Existing users can still close current holdings and withdraw money, but cannot make fresh investments. The move follows the CSRC's May 22 action against Futu, Tiger Brokers, and Longbridge, including total penalties of 2.2 billion yuan ($324 million).

Zcash’s ZEC slid nearly 50% from its $624 high on June 4 before rebounding about 18% over the past 24 hours, after a disclosed Orchard shielded pool flaw prompted an emergency patch. Meanwhile, Near Protocol’s NEAR fell back to around $1.91 and Worldcoin’s WLD to roughly $0.41, giving up recent gains as traders refocus on support levels.