CryptoQuant Founder: Bitcoin Indicator Nearing 'Bottom,' Short-Term Holders Transitioning to Long-Term Hodlers

June 4 (CNBC) — The global markets stand on the cusp of several pivotal events that could resolve major uncertainties hanging over investors this year, per CNBC reporting. On the corporate front, SpaceX has priced its IPO at $135 per share, valuing the company at $1.77 trillion — a milestone that could make Elon Musk the world’s first trillionaire. But CNBC’s analysis of 30 large IPOs over the past 15 years shows newly listed stocks typically suffer significant pullbacks in their first year of trading. In geopolitics, Israel and Lebanon have agreed to a ceasefire, while U.S. President Donald Trump announced a possible Iran deal could be finalized as early as this weekend. Despite minor tactical disagreements between Washington and Jerusalem, the two remain largely aligned on Middle East strategy. The U.S. House also passed a symbolic resolution blocking the president from launching military action against Iran without congressional approval. Across the Atlantic, the EU has unveiled

On June 4, per GMGN monitoring data, Solana-based meme coin THREE surged 104% over the past two hours, hitting a peak market cap of $16 million. It has since pulled back to $13 million, boasting a 24-hour gain of 220% and $8.4 million in trading volume during the same period. The token THREE is the native asset of three.ws, a Solana ecosystem AI project that launched via Pump.fun. The project is a browser-based on-chain 3D AI agent platform that lets users generate custom 3D AI agents with one click and embed them into any website. THREE began its rally on June 1 after IBM’s official X account replied to a tweet about the project. Yesterday, three.ws and IBM formally announced their strategic partnership, news that further boosted the token’s momentum today. Additionally, THREE’s listing on a crypto exchange combined to drive its market cap higher. BlockBeats Reminder: Meme coins are highly volatile, often fueled by market sentiment and hype around concepts, and frequently lack tang

June 4 — Crypto data platform Arkham Intelligence reports that multiple block explorers for privacy coin Zcash have not displayed new block confirmations over the past several hours, sparking community discussion about whether the network has stalled. After filtering Zcash’s on-chain transaction records, Arkham found no new on-chain transfers in more than five hours, leading some users to speculate the Zcash network might have stopped producing blocks. However, there’s currently no evidence pointing to a full mainnet shutdown. Some community members suggest the problem lies with data nodes that block explorers depend on failing, rather than a disruption to Zcash’s consensus network. Separately, some Zcash mining pool monitoring pages still show new blocks being produced continuously. Another theory ties the issue to a recent network upgrade. On May 29, the development team discovered a vulnerability in the Orchard Shielded Pool, and completed a fix plus network upgrade on June 1. Sev

On June 4, on-chain monitoring firm OnchainLens reported that Arthur Hayes unloaded 247,334 HYPE tokens worth approximately $18.02 million, plus an undisclosed quantity of NEAR tokens. This sell-off took place shortly after Hayes entered a $100,000 charity bet with Kyle Samani. Prior to the wager, Hayes claimed that by the end of 2026, HYPE would outperform all top-10 cryptocurrencies by market capitalization — a prediction he personally challenged Samani to take on. Samani accepted the challenge and chose Solana (SOL) as his pick in the bet.

June 4 Official Notice: Binance will temporarily pause its stock trading services for a planned system upgrade conducted by a partner brokerage, according to official sources. Scheduled upgrade window: June 6, 2026, 7:50 AM to June 7, 2026, 12:00 AM (Beijing Time) Binance strongly advises users to cancel all pending Binance stock trading orders before the scheduled upgrade to avoid potential losses. Any active stock orders remaining during the upgrade will be automatically canceled on June 5, 2026, at 11:50 PM UTC.

On June 4, Lebanese national media reported that Israel launched an attack against Lebanon after both sides agreed to a conditional ceasefire. (Xinhua)