Arthur Hayes said he has fully sold his Hyperliquid (HYPE) and NEAR Protocol (NEAR) positions and is now holding Worldcoin (WLD) ahead of the anticipated SpaceX IPO. On June 4, he moved 247,334 HYPE—valued at about $18.02 million—to exchanges including OKX, Bybit, and Flowdesk. In the same week, WLD rose over 62% to $0.479, while NEAR traded near $2.44 and HYPE around $66.51.

Polymarket finalized its disputed market on whether Strategy sold any Bitcoin by May 31, 2026, settling the contract as "No" after an UMA oracle vote. The outcome passed with 98.6% of voting power, even though Strategy later reported selling 32 BTC between May 26 and May 31 for about $2.5 million. The decision triggered backlash from traders who said the resolution hinged on when the sale became publicly verifiable rather than when it occurred.

Ripple CTO Emeritus David Schwartz said crypto price action “doesn’t always make any sense” after XRP fell to $1.1432, while Cardano (ADA) slid to $0.1917 as founder Charles Hoskinson said he was taking a pause. Coinbase also introduced perpetual pre-IPO futures tied to SpaceX for eligible non-U.S. users, as Bitcoin traded near a four-month low zone around $61,311-$62,580 amid $1.63 billion in long liquidations.

Bitcoin traded around $62,377 on 4 June 2026 after dipping to $61,400 amid $1.61B in liquidations earlier in the day. The move puts BTC at risk of a first monthly close below the ascending channel that has guided price action since 2022, with June 30 highlighted as the key decision point. Technical levels discussed include an RSI near 42.23 and a support cluster spanning $58,440 to $60,000.

Tax attorneys say a footnote in a tax explainer released last week by Congress' policy staff suggests the One Big Beautiful Bill Act's deduction limits could also apply to trusts and estates. They argue that even when a trust distributes income to beneficiaries, part of that income may still be taxed at the trust level, potentially creating double taxation. Lawyers and advisors say the impact could reach trusts with as little as $16,000 in income and may require asset sales or reduced distributions.

Bitcoin fell about 15% over the week and slid to nearly $61,000 several hours ago before rebounding to around $62,500. Analysts cited in the report highlighted potential support between $50,000 and $54,000, with another view pointing to $49,000 as a possible bottom zone, while RSI briefly dropped to 11 and later rose to roughly 16.

CryptoQuant CEO Ki Young Ju said Bitcoin held by spot ETFs plus MicroStrategy now exceeds Satoshi Nakamoto's estimated stack, even as BTC fell below $62,000. He cited MicroStrategy's net removal of 711,174 BTC since January 2023 and noted ETFs absorbed 509,102 BTC near $63,000 in March 2024, alongside 650,706 BTC added by MicroStrategy. Ju argued the return to similar price levels despite those flows points to unusually strong sell pressure, with an average investor cost basis around $53,000.

The U.S. Justice Department said a public-private effort dubbed “Disruption Week” ran from May 18 to May 21, with tech and crypto firms helping disrupt more than 1.4 million accounts tied to Southeast Asian scam networks. The DOJ said information-sharing also supported the freezing of more than $3.8 million in cryptocurrency linked to laundered funds stolen from Americans.