The post Vitalik Buterin Warns as Ethereum Tests $2K Support appeared on BitcoinEthereumNews.com.
Vitalik Buterin warns crypto needs real-world use as Ethereum trades near $2,023 with RSI at 34 and $2,000 support in focus. Ethereum traded near $2,023 as Vitalik Buterin warned that crypto needs real-world use beyond gambling, memecoins, and leverage. His comments came as Ethereum’s daily chart showed weak momentum. RSI stayed near 34, MACD remained bearish, and traders watched the key $2,000 support zone for direction. Vitalik Buterin Warns On Crypto Speculation Ethereum co-founder Vitalik Buterin warned that crypto could fail quickly if its main use remains gambling. His comments pointed to a market where many traders still favor high-risk tokens and leveraged products. Buterin said crypto needs real-world use to remain relevant over time. The warning came as memecoins, tokenized perps, and speculative trading products continued to attract market demand. THE FOUNDER OF ETHEREUM IS WARN
The post BNB price targets $820 after cup-and-handle breakout appeared on BitcoinEthereumNews.com.
BNB traded near $733 on May 31 after a strong daily breakout placed the $800 to $820 zone back on traders’ radar. Summary BNB broke above the $700 neckline, reclaiming the 200-day EMA as bullish momentum improved. MACD crossed bullish while analysts watched $800–$820 as the next major resistance zone this week. Binance’s June 1 product reveal and new HODLer Airdrop kept ecosystem demand in focus. The move came as traders pointed to a cup-and-handle breakout, a reclaimed 200-day EMA, a fresh MACD bull cross and a June 1 Binance product teaser. BNB clears the $700 breakout zone BNB moved above the $680 to $700 neckline after forming what traders described as a cup-and-handle structure on the daily chart. The pattern formed after a rounded base, followed by a smaller pullback that acted as the handle before the breakout. The move also pushed BNB back above the 200-day EMA. Traders often trea
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 Ethereum Price Analysis: ETH Risks Deeper Drop as $2K Support Comes Under Pressure appeared on BitcoinEthereumNews.com.
Ethereum remains under pressure across higher and lower timeframes after failing to reclaim key resistance levels. The asset has broken below a multi-month bullish structure on the daily chart while continuing to trade inside a descending channel on the 4-hour timeframe. Meanwhile, sentiment data suggests that aggressive buyers remain largely absent. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has decisively broken below the large ascending triangle structure that had developed between February and May. The move occurred after multiple rejections from the $2.4K resistance zone, which coincides with a major horizontal supply area and the former breakout region. The bearish move has also pushed the price below the 100-day moving average, which is currently around $2.2K. More importantly, ETH remains significantly below the declining 200
Ethereum remains under pressure across higher and lower timeframes after failing to reclaim key resistance levels. The asset has broken below a multi-month bullish structure on the daily chart while continuing to trade inside a descending channel on the 4-hour timeframe. Meanwhile, sentiment data suggests that aggressive buyers remain largely absent. Ethereum Price Analysis: The […]
The post XRP Ledger’s Architecture Makes Flash Loan Exploits Impossible as DeFi Bleeds Millions appeared on BitcoinEthereumNews.com.
Key Takeaways XRP Ledger’s newly drafted amendment confirms flash loan exploits cannot occur due to its atomic transaction architecture Recent flash loan attacks hit Thorchain, Drift Protocol, and KelpDAO, resulting in losses exceeding hundreds of millions Unlike Ethereum’s composable contracts, XRPL transactions prevent chaining multiple operations within a single block Real-world asset tokenization on XRPL has surpassed $3 billion, featuring partnerships with Ripple, JPMorgan, Mastercard, and Ondo Finance An extensive $200,000 bug bounty initiative in late 2025 uncovered zero vulnerabilities related to flash loans or oracle attacks While decentralized finance protocols continue bleeding funds through flash loan exploits, the XRP Ledger maintains these attacks cannot penetrate its fundamental architecture. NEW: XRP Ledger Eliminates Flash Loan Vulnerabil
The post Cosmos-Based Gravity Bridge Halts After Reported $5.4M Exploit appeared on BitcoinEthereumNews.com.
Gravity Bridge, a decentralized blockchain facilitating cross-chain transfers between Ethereum and Cosmos, was reportedly drained of roughly $5.4 million, prompting validators to halt the bridge. Onchain analyst Specter first flagged the unusual outflows in a Saturday post on X, revealing that the bridge contract key may have been compromised. “It appears the Gravity Bridge contract key may have been compromised, resulting in the theft of $5.4M,” Specter wrote. Security firm PeckShield also confirmed the exploit in a post, breaking down the stolen assets as approximately $4.3 million in USDC (USDC), 274 Wrapped Ether (WETH) worth roughly $553,000, $434,000 in USDt (USDT) and 14.164 PAX Gold (PAXG) tokens worth about $64,000. Source: PeckShield PeckShield reported that a portion of the haul had already been laundered through instant-swap service ChangeNow and through Binance, whi
The post First Time in History? Ethereum (ETH) Nears Third Straight Red Quarter appeared on BitcoinEthereumNews.com.
During one of the most difficult times in the asset’s history, Ethereum is getting close to a milestone that few investors anticipated. For the first time since it started trading, ETH may experience three consecutive monthly losses if current market conditions hold true through June. According to historical data, Ethereum has never closed in negative territory for three consecutive months. Even though the asset has gone through severe bear markets, such as the 2018 collapse and the 2022 crypto winter, it has always been able to break losing streaks with at least one positive monthly close before falling for a third time in a row. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges Starting from a decline Ethereum’s first quarter of 2024 has already ended with a 29.1 percent decline.
