Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

May 22 — Per GMGN monitoring, the Solana ecosystem’s meme coin WORLDCUP has continued its upward momentum overnight and into this morning, hitting a peak market cap of $12 million. As of current trading, the token sits at around $10.01 million, still holding a 90% 24-hour gain, with on-chain trading volume hitting $8.2 million over that same window. WORLDCUP’s core narrative ties to the 2026 FIFA World Cup, scheduled to kick off on June 11 — about 20 days from now. The token serves as the community’s main asset, which has also launched meme coins named for each of the 48 participating national teams. Per the ecosystem’s rules, 50% of each national team token’s trading fees go toward repurchasing WORLDCUP, the community’s primary token. Of the 48 national team-themed meme coins currently available, FRANCE leads with the highest market cap at roughly $450,000, posting an 11% daily gain. SPAIN and PORTUGAL follow closely behind in market cap. BlockBeats is warning users that meme coin

May 22: Nomura Securities now projects the Federal Reserve will hold interest rates steady throughout 2026, citing rising inflation and diminishing support among Fed officials for additional monetary easing—factors that have reduced the likelihood of a near-term interest rate cut. In a May 21 report, the Japanese financial institution noted: “Incoming Federal Reserve Chair Kevin Wash may still have incentive to ease policy, but recent economic data and comments from Fed officials have cast doubt on his ability to build a majority of the Federal Open Market Committee (FOMC) behind a rate cut.” Previously, Nomura had forecast 25 basis point rate cuts at the Fed’s September and December meetings this year, per FXStreet.

May 22 (Official Sources) – Solana ecosystem token launch platform Pump.fun has officially rolled out a USDC-paired liquidity pool feature, per the team’s announcement. Token creators can now choose to use USDC instead of SOL when launching trading pools, a change designed to enhance market stability, optimize token distribution, and open up more growth opportunities for projects. The platform noted that recent price swings in Solana have caused thresholds for SOL-denominated bonding curves to drop steadily. As a result, new tokens’ initial market capitalization has dipped to around $2,000, with bonded completion market caps hitting roughly $30,000—making it far cheaper to hoard large quantities of chips, which worsens token distribution imbalances and the well-documented “low ceiling” issue. Pump.fun added that USDC trading pairs will raise the bar for high-quality projects. Historical data shows USDC-paired tokens have an initial market cap set at $4,000, with bonded completion mar

May 22 – Per HTX market data, after Hyperliquid’s native token HYPE hit an all-time high yesterday, ecosystem tokens have shown notable strength, including standout gains from its meme coins: - Hyperliquid ecosystem meme coin PURR is currently trading at $0.1301, with a 19.67% 24-hour gain; - Hyperliquid ecosystem meme coin JEFF is now priced at $4.07, boasting a 32.43% 24-hour increase. Additionally, Hyperliquid Strategies Inc (PURR) – a company listed on HYPE’s treasury – closed up 4.43% in regular trading, adding a 1.06% extension in after-hours action, and is currently trading at $8.57.

May 22 – On-chain analyst Ai Auntie (known on X as @ai_9684xtpa) reports that the "BTC OG Insider Whale" has just opened a short position on Zcash (ZEC). The whale currently holds a 3x leveraged short position totaling 2,028 ZEC, valued at approximately $1.33 million. Additionally, the whale has placed a limit sell order for $1.22 million worth of ZEC, set to execute in the $653.58 to $661.4 price range.

Per Farside monitoring data, on May 21st (the day before this May 22nd update), the U.S. Bitcoin spot ETF posted a net outflow of $101.9 million, while the U.S. Ethereum spot ETF recorded a net outflow of $32.6 million.