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3 Jun 2026, 07:14

Are Huge Tech IPOs Sucking Cash From Crypto?

SBI Holdings CEO Yoshitaka Kitao has attributed the cryptocurrency market's current sluggish performance to a massive capital rotation, suggesting that institutional investors are liquidating digital assets to raise cash for a historic wave of upcoming U.

3 Jun 2026, 07:07

Bitcoin faces weak inflows as S&P 500 leads with record 42 dispersion

🚨 The Cboe Dispersion Index hits 42 as Bitcoin flows weaken, with investors focusing on S&P 500 leaders. 📉 Liquidity in $BTC is squeezed by capital moving to AI, semiconductors, and energy stocks. 📊 Historically, Bitcoin rebounds within two weeks after such equity concentration peaks. Continue Reading: Bitcoin faces weak inflows as S&P 500 leads with record 42 dispersion The post Bitcoin faces weak inflows as S&P 500 leads with record 42 dispersion appeared first on COINTURK NEWS .

3 Jun 2026, 07:02

Ripple (XRP) Has Links With Banks Preparing to Launch With SWIFT

A major shift in global payments infrastructure is scheduled to begin in June 2026, and some crypto market observers believe the development could have implications that extend beyond traditional banking. As SWIFT prepares to roll out a new framework for account-to-account cross-border payments with more than 25 banks, attention is turning to the growing overlap between established financial institutions and blockchain-based payment networks. Crypto analyst ChartNerd recently highlighted this connection, arguing that Ripple’s relationships with many of the banks involved could position it close to one of the most significant payment modernization efforts currently underway. Probably nothing.. 25 banks are going live with SWIFT in June 2026 to define account-account cross-border transactions. Ripple has connections to more than 30 of the existing 50 bank members in the coalition, alongside direct SWIFT connectivity via Thunes, FIDES & RT $XRP https://t.co/NsrffmgqPZ pic.twitter.com/OKa3EHLcd0 — ChartNerd (@ChartNerdTA) June 1, 2026 SWIFT’s Cross-Border Payment Initiative The screenshot shared by ChartNerd comes from SWIFT’s discussion of a new international payments framework focused on improving retail cross-border transactions. According to the text shown in the image, payments sent across major corridors, including Australia, Bangladesh, Canada, China, Germany, India, Pakistan, Spain, Thailand, the United Kingdom, and the United States, will offer greater cost certainty, full-value delivery, end-to-end traceability, and faster processing speeds. The announcement also states that instant settlement will be available where possible and that more than 25 banks are expected to go live by the end of June. Additional payment routes are anticipated to become active later in the year as the network expands. For supporters of blockchain-based payments, the importance of this rollout lies not only in the banking institutions involved but also in the infrastructure being built around interoperability and modern payment standards. Why Ripple’s Connections Are Drawing Attention ChartNerd’s central argument is that Ripple already maintains relationships with a substantial portion of the banks participating in the broader coalition supporting these payment initiatives. While the analyst did not claim that SWIFT is directly adopting XRP , he suggested that Ripple’s existing connections place the company in a potentially advantageous position as global payment networks evolve. Industry observers have increasingly noted that the conversation around SWIFT and blockchain technology has shifted in recent years. Earlier narratives often framed traditional financial networks and digital asset solutions as competitors. However, many current developments focus on interoperability, allowing banks to access multiple settlement and liquidity options through integrated infrastructure. Partners such as Thunes have become particularly relevant in this discussion because they connect traditional financial institutions with alternative payment rails, including digital asset and stablecoin-enabled networks. Through such connections, institutions can potentially access technologies that improve settlement efficiency without requiring a complete overhaul of existing systems. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A Growing Focus on Interoperability The broader message behind ChartNerd’s post is that the future of cross-border payments may involve cooperation between established banking networks and blockchain-based solutions rather than direct competition. As SWIFT advances its modernization efforts and expands new payment capabilities, Ripple’s existing banking relationships and connectivity partnerships continue to attract attention from market participants watching the evolution of global payments. For XRP supporters, the upcoming June 2026 rollout represents another example of how digital asset infrastructure could become increasingly integrated into the financial ecosystem, even when the headlines focus primarily on traditional banking institutions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple (XRP) Has Links With Banks Preparing to Launch With SWIFT appeared first on Times Tabloid .

3 Jun 2026, 07:00

XRP Breaks Below Triangle—Will Drawdown Extend To $1.14?

A cryptocurrency analyst has highlighted how XRP has recently dropped under a Symmetrical Triangle, potentially setting a target of $1.14. XRP Has Broken Below A Symmetrical Triangle In a new post on X, analyst Ali Martinez has talked about a Symmetrical Triangle that the daily price of XRP was potentially trading inside before the recent drawdown. The “Symmetrical Triangle” here refers to a pattern from technical analysis (TA) that forms whenever an asset trades between two converging trendlines. Related Reading: XRP Sees Biggest Exchange Inflow Of 2026—Shortly Before Even Larger Outflows The main feature of the pattern that separates it from other triangular channels is that it involves trendlines that approach each other at a roughly equal and opposite slope. Thus, as the asset trades inside this channel, its range shrinks to a midpoint. Like with other consolidation patterns in TA, the upper level of a Symmetrical Triangle is also assumed to be a source of resistance, while the lower line that of support. A break out of either of these trendlines can signal a continuation of trend in that direction. Now, here is the chart shared by Martinez that shows the Symmetrical Triangle that was earlier forming in the 1-day price of XRP: As displayed in the above graph, XRP spent a couple of months inside the Symmetrical Triangle, but as the range became tight in May, a breakout finally took place. The escape, however, came in the down direction, with the asset slipping below the support level. As mentioned before, ventures out of a Symmetrical Triangle can signal the continuation of trend in that direction. This means that the breakdown of support can be a bearish signal. From the chart, it’s apparent that the pattern appears to have held for XRP so far, with bearish action continuing since the lower level gave out. Based on the trend, the analyst has put a target of $1.14 for the cryptocurrency. It now remains to be seen whether the coin will march toward this level or if its trajectory will reverse. This Symmetrical Triangle shared by Martinez was a short-term pattern. In another recent X post, the analyst highlighted a long-term channel that the monthly price of XRP has possibly been stuck inside for years now. Related Reading: Ethereum Price Falls, But Whales Push Holdings To 10-Week High The pattern in question is a Parallel Channel, which involves, as its name suggests, two trendlines that are parallel to each other. As the below chart shows, the asset retested the resistance level of this channel in 2025, but it ended up finding rejection. The cryptocurrency has been going down since this reversal. “If $XRP continues respecting this parallel channel, the mid-range near $0.73 could become an attractive accumulation zone,” noted Martinez. XRP Price At the time of writing, XRP is floating around $1.23, down nearly 8% in the last seven days. Featured image from Dall-E, chart from TradingView.com

3 Jun 2026, 07:00

TON Rebrands Native Token As Gram, Reviving Original White Paper Name

Toncoin’s native token has rebranded to ‘Gram’ as part of the latest step in Pavel Durov’s “Make TON Great Again” roadmap. Toncoin’s Native Token Is Now Called Gram In a new post on Telegram, Pavel Durov has shared details related to a rebranding of the native token of the Toncoin network. The asset is set to see a name change to Gram, with the transition period expected to take about three weeks. Durov is the co-founder and CEO of Telegram, and one of the biggest backers of TON. In the blockchain’s early days, its full form even stood for the Telegram Open Network, with the Telegram team handling its development. Telegram’s official involvement with the token, however, ended back in 2020 following a legal dispute with the US Securities and Exchange Commission (SEC) . After Telegram pulled out, the ecosystem rebranded itself to The Open Network and development was handed off to independent contributors. While the messaging giant ended its involvement in the project, it didn’t break all ties. In 2023, Telegram integrated a wallet based on the blockchain to its official app. Durov himself also remained a supporter of the project. This year, the Telegram CEO kickstarted the “Make TON Great Again” (MTONGA) initiative, which is going to have a total of seven steps. The first two steps of the roadmap went into action in April and provided upgrades to the network’s transaction speed and fees. The third step, announced in early May, saw Telegram officially re-enter the picture after a six-year absence, replacing the TON Foundation as the driving force behind the ecosystem. The messaging company also became the network’s largest validator. “Telegram becoming TON’s largest validator strengthens decentralization,” said Durov in an X post a day after announcing the move. “It lets other major players join the validator pool without centralizing the network — with Telegram as the counterbalance.” Now, the Telegram co-founder has unveiled the rebrand to the name Gram as the fourth checkpoint in the MTONGA plan. This change, which only applies to the blockchain’s native token, will bring back the asset’s original name from its first white paper. The new website for the token provides a teaser of a fresh logo for the cryptocurrency. “We’re returning to our roots — and starting a new chapter,” noted the Telegram co-founder. “This rebranding will pave the way for what comes next.” There are three more steps left in the MTONGA roadmap, but it only remains to be seen what they will bring to the network. Gram Price At the time of writing, Gram is trading around $2.02, up over 5% in the last seven days.

3 Jun 2026, 07:00

Base Ethereum Withdrawals Stall 36 Hours After Azul Upgrade Bug

Base's Ethereum mainnet state updates stalled for approximately 36 hours starting 29 May 2026, after the TEE enclave in the newly deployed Azul upgrade failed to generate settlement proposals. Block production and user transactions continued normally throughout the outage, and no funds were lost.