The post Ripple set for mega 2026 sixth 1 billion XRP dump tomorrow appeared on BitcoinEthereumNews.com.
Ripple is set to unlock 1 billion XRP from escrow on June 1, 2026, marking the fifth scheduled token escrow release of the year. At XRP’s current price of around $1.35, the release carries a headline value of roughly $1.35 billion, making it one of the largest recurring token unlock events. Despite concerns over large XRP unlocks, Ripple typically re-locks 60% to 80% of released tokens, limiting net supply additions to roughly 200 million to 400 million XRP, worth about $272 million to $544 million at current prices. The released tokens are mainly used for operations, liquidity, partnerships, and ecosystem growth, while the escrow system helps manage supply dilution. The Ripple XRP escrow unlock is part of the company’s long-established monthly release mechanism that has been in place since December 2017. Impact on XRP price The system was designed to improve transparency aroun
The post New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet appeared on BitcoinEthereumNews.com.
Headline PCE inflation rose 3.8% in April from a year earlier, its hottest pace in two years and nearly double the Federal Reserve’s 2% goal, while core PCE held at 3.3%, its highest reading since October 2023. The monthly numbers ran cooler, with core easing to 0.2% against the 0.3% economists had expected. Bitcoin saw that combination of numbers as a problem, sliding toward $73,300 in the hours after Thursday’s release and hovering near $73,000 through the weekend, down roughly 30% across the past year. The PCE inflation report brought enough monthly relief to keep the rate-cut rate going, and enough annual heat to keep liquidity scarce. What makes this report land harder than most is the timing, since it’s the first major inflation spike of Kevin Warsh’s tenure as Fed chair, a job he stepped into on May 22 after succeeding Jerome Powell. Warsh built his reputa
The post Trump Demands Fort Knox Audit After CIA Official Seized With $40M in Gold Bars – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways FBI agents seized 303 gold bars worth approximately $40M from former CIA official David Rush around May 27, 2026. Fort Knox holds ~147M troy ounces of gold worth an estimated $662B at current market prices, last independently audited in 1953. Trump has called for a Fort Knox audit, but no date has been set as of May 31, with Rep. Massie’s H.R. 3795 still pending in Congress. Trump Posts, Then Explains Trump posted on Truth Social over the weekend, writing that it was “time to physically audit Fort Knox.” He tied the call directly to the arrest of David Rush, a former senior CIA official with top-secret clearance, saying government officials “steal a lot” and that Americans deserve verification that the reserves are intact. In a May 10 interview on Full Measure with Sharyl Attkisson, Trump said his administration had “played with” the
The post Alephium Bridge Loses $815K to Forged Guardian Messages, Not Stolen Keys appeared on BitcoinEthereumNews.com.
Alephium’s Wormhole-fork TokenBridge was drained on Ethereum and BNB Chain in roughly seven minutes after an off-chain backend flaw let fraudulent messages slip past its four-guardian network, the team said in a public correction. Alephium, a proof-of-work Layer 1 that runs a private fork of the Wormhole bridge, lost about $815,000 across Ethereum and BNB Chain on Friday after an attacker pushed forged messages through the bridge backend and out the other side as legitimate-looking transfers, according to the team. Alephium has shut the bridge down and said no new transactions can be initiated. The attacker drained 200,967 USDT, 17,594 USDC, 5.18 WETH and 0.335 WBTC on Ethereum, plus 36,750 USDT and 24.386 WBNB on BNB Chain, per Alephium’s accounting, and minted 13.76 million wrapped ALPH on Ethereum with no corresponding ALPH locked on the Alephium chain. The full seq
The post XRP Nears Critical Test as On-Chain Data Hints at Bottom appeared on BitcoinEthereumNews.com.
XRP holds near $1.33 as falling exchange balances hint that selling pressure may be starting to ease. Mixed on-chain signals leave XRP at a crossroads, with weak trading activity offsetting bullish metrics. ETF inflows stay strong while whale activity fades, signaling a shift in XRP’s market structure. XRP is showing signs of a possible turning point, according to CryptoQuant analyst PelinayPA, as on-chain data suggests the long downtrend may be stabilizing. The token is trading close to $1.33 while exchange balances keep falling and network activity stays steady. PelinayPA said XRP has now entered a consolidation phase after months of sharp price swings. The analyst noted that the token has been moving in a narrow range around $1.33. This suggests the market is no longer driven by strong buying or selling pressure. Instead, price action has settled into a holding pattern as traders
The post XRP Nears Critical Test as On-Chain Data Hints at Bottom appeared on BitcoinEthereumNews.com.
XRP holds near $1.33 as falling exchange balances hint that selling pressure may be starting to ease. Mixed on-chain signals leave XRP at a crossroads, with weak trading activity offsetting bullish metrics. ETF inflows stay strong while whale activity fades, signaling a shift in XRP’s market structure. XRP is showing signs of a possible turning point, according to CryptoQuant analyst PelinayPA, as on-chain data suggests the long downtrend may be stabilizing. The token is trading close to $1.33 while exchange balances keep falling and network activity stays steady. PelinayPA said XRP has now entered a consolidation phase after months of sharp price swings. The analyst noted that the token has been moving in a narrow range around $1.33. This suggests the market is no longer driven by strong buying or selling pressure. Instead, price action has settled into a holding pattern as traders
A practical overview of Phoneum: what it is, how the Phoneum token works, ecosystem context, and key risks to consider.
The post Phoneum Token Guide: What It Is and How It Works Explained appeared first on BiteMyCoin.
MicroStrategy's Bitcoin acquisition underscores growing institutional trust, potentially stabilizing Bitcoin's market position amid global uncertainties.
The post MicroStrategy Bitcoin purchase signals reduced likelihood of near-term sales appeared first on Crypto Briefing.
The post Football Betting With Crypto Wallets: What Beginners Should Know appeared on BitcoinEthereumNews.com.
Football remains the world’s most popular betting sport, generating billions of dollars in wagering activity every year. At the same time, cryptocurrency has become one of the fastest-growing payment methods in online gambling. These trends are increasingly overlapping. Today, many football bettors fund their accounts with Bitcoin, USDT, Ethereum, and other cryptocurrencies instead of using bank cards. Some platforms even allow direct wallet connections through MetaMask, Trust Wallet, WalletConnect, and Telegram-based login systems. For beginners, this creates a simple question: How does football betting with a crypto wallet work? What Is a Crypto Wallet? A crypto wallet is software that allows users to store, send, and receive cryptocurrency. Unlike a bank account, a wallet gives users direct control over their funds. Popular wallet options include:
MetaMask
Trust W
