News
28 May 2026, 11:05
Gold Holds Near Two-Month Low as Strong USD Caps Gains; All Eyes on US PCE Data

BitcoinWorld Gold Holds Near Two-Month Low as Strong USD Caps Gains; All Eyes on US PCE Data Gold prices are trading near a two-month low on Thursday, struggling to find upward momentum as the US dollar maintains its strength. Investors are now turning their attention to the upcoming US Personal Consumption Expenditures (PCE) price index report, the Federal Reserve’s preferred inflation gauge, which could provide fresh direction for the precious metal. Strong Dollar and Hawkish Fed Sentiment Weigh on Gold The precious metal has been under pressure in recent weeks, primarily driven by a robust US dollar and shifting expectations around Federal Reserve monetary policy. The dollar index has climbed to multi-month highs, making gold more expensive for holders of other currencies and reducing its appeal as an alternative investment. Market participants have scaled back bets on aggressive rate cuts by the Fed, with stronger-than-expected economic data and persistent inflation readings prompting a reassessment. Higher interest rates increase the opportunity cost of holding non-yielding assets like gold, further dampening demand. PCE Data as the Next Catalyst The core PCE price index, due for release on Friday, is expected to show inflation remaining above the Fed’s 2% target. A hotter-than-expected reading could reinforce the case for the Fed to keep rates higher for longer, potentially pushing gold prices even lower. Conversely, a softer reading might revive hopes for rate cuts and provide some relief for the yellow metal. Analysts suggest that gold’s recent decline has been orderly, with the $2,300 per ounce level acting as a key support zone. A break below that could open the door to further losses, while a rebound above $2,380 might signal a short-term bottom. What This Means for Investors For traders and investors, the current environment presents a classic wait-and-see scenario. The interplay between dollar strength, bond yields, and inflation data will dictate gold’s next move. Those with a longer-term horizon may view the pullback as a buying opportunity, especially if geopolitical tensions or economic slowdown fears resurface. Central bank buying, a key driver of gold demand over the past two years, continues to provide a floor under prices. However, the immediate direction hinges on Friday’s inflation data and the subsequent market reaction. Conclusion Gold remains in a holding pattern near its lowest levels in two months, constrained by a strong US dollar and hawkish Fed expectations. The upcoming PCE data is the most significant near-term catalyst, with the potential to either extend the current downtrend or spark a recovery. Investors should monitor the release closely for clues on the future path of monetary policy and its implications for the precious metals market. FAQs Q1: Why is gold price falling despite inflation concerns? Gold is falling primarily because the US dollar is strengthening and the Federal Reserve is expected to keep interest rates high. A strong dollar makes gold more expensive for foreign buyers, and higher rates increase the opportunity cost of holding gold, which doesn’t pay interest. Q2: What is the PCE price index and why does it matter for gold? The Personal Consumption Expenditures (PCE) price index is the Federal Reserve’s preferred measure of inflation. It matters for gold because it influences the Fed’s interest rate decisions. If PCE shows high inflation, the Fed may keep rates high, which is negative for gold. If inflation is cooling, rate cut expectations could rise, supporting gold prices. Q3: Is now a good time to buy gold? That depends on individual investment goals and risk tolerance. The current pullback may offer a buying opportunity for long-term investors, especially with ongoing central bank purchases and geopolitical uncertainties. However, short-term volatility remains high, and a further decline is possible if the dollar continues to strengthen or inflation data comes in hot. It’s advisable to consult a financial advisor. This post Gold Holds Near Two-Month Low as Strong USD Caps Gains; All Eyes on US PCE Data first appeared on BitcoinWorld .
28 May 2026, 11:02
Respected Korean Analyst: XRP Could Jump to $20 If It Enters This Channel Again

Crypto analyst ALLINCRYPTO has shared a bullish long-term outlook for XRP, citing analysis from respected Korean market analyst Ninedex. The post focused on XRP’s multi-year price structure and the possibility of the asset reaching between $5 and $20, depending on how its current trend develops. According to the post, Ninedex believes XRP has a “base target” of $5 if the asset continues moving within its established long-term ascending channel. The chart attached to the post shows XRP trading inside a rising structure that has been developing for years, with projected price movement continuing upward toward higher resistance levels. The analysis also suggests that XRP could move significantly beyond the $5 level if it repeats the breakout structure seen during the 2017–2018 market cycle . In that scenario, the chart points toward a possible move into the upper region of the channel, where the analyst places a second target around $20. ALLINCRYPTO summarized the outlook by stating that the bullish case strengthens considerably if XRP re-enters the upper channel range that previously appeared during its historic rally years ago. $XRP COULD GO BETWEEN $5-$20! Respected Korean analyst Ninedex says $XRP has a base target of $5 if it continues climbing within its long-term channel. However if it repeats its 2017/18 breakout structure and enters the upper channel again the bull case jumps to $20 pic.twitter.com/2dKG2amoA7 — ALLINCRYPTO (@RealAllinCrypto) May 26, 2026 Chart Focuses on Fibonacci Support and Long-Term Momentum The chart shared contains several technical indicators supporting the analyst’s projection. One highlighted area identifies the “Fibonacci 0-382 zone” as a key support region. The chart suggests XRP recently tested this level and successfully held support near the $5 range projection. Another section of the chart refers to an “empty supply zone,” implying that XRP could face less resistance if momentum pushes price higher within the channel. The visual analysis also notes a “32% annual increase” in the slope of the long-term structure, reinforcing the argument for gradual upward continuation over time. Momentum indicators shown at the bottom of the chart point to what the analyst described as a “bullish dive,” accompanied by the label “after bottom touch upward.” This part of the analysis suggests the current cycle may resemble earlier periods that preceded major upward price movements. The chart additionally compares XRP’s current structure to the movement of smaller altcoins, with a note stating that “small market caps can rise via the second channel like this.” The comment indicates that the analyst sees broader potential across the altcoin market if the structure continues to play out. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Mixed on Long-Term XRP Expectations The post also attracted reactions from members of the crypto community, including user cryptodog786, who commented on the price targets discussed in the analysis. In the reply, the user stated that a move to $20 would already represent a strong return for investors, while arguing that predictions of $100 or even $1,000 XRP remain unrealistic. The commenter added that some holders could risk becoming “exit liquidity” if they continue waiting for extremely high valuations that may never materialize. The response reflects an ongoing divide within the XRP community between traders focused on moderate long-term gains and those expecting substantially higher price levels in future market cycles. While the analysis remains speculative, the post from ALLINCRYPTO has brought renewed attention to XRP’s long-term chart structure and the possibility of another major breakout if historical patterns repeat. 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 Respected Korean Analyst: XRP Could Jump to $20 If It Enters This Channel Again appeared first on Times Tabloid .
28 May 2026, 11:00
Galaxy Weighs Theories After $8.3M Bitcoin Burn Mystery

Galaxy Research is trying to explain one of the stranger Bitcoin transactions of the year after five addresses sent roughly 107 BTC, worth about $8.3 million, to an old burn address, making the coins provably unspendable.The move, flagged by Galaxy in a thread on X, immediately raised the question that sits at the center of the episode: why would anyone deliberately destroy a large amount of Bitcoin rather than sell it, move it, donate it, or leave it dormant? “ACTUAL ONCHAIN BOATING ACCIDENT?” Galaxy Research wrote . “On Monday, 5 bitcoin addresses sent ~107 BTC ($8.3m) to an old burn address, making the coins provably unspendable. Why would someone do this? The Galaxy Research team’s best theories are in the thread below (spoiler: none are very good).” The burn address in question is not merely a wallet whose owner lost a key. Galaxy said the address, 1111111111111111111114oLvT2, corresponds to a Hash160 value of twenty zero bytes. Encoding that with Bitcoin’s P2PKH version byte produces the address. In practical terms, spending coins from it would require finding a public key whose Hash160 is all zeros, an outcome Galaxy framed as computationally out of reach. That makes the transaction different from a mistaken transfer to an exchange address, a wallet controlled by an unknown counterparty, or an address whose private key may exist somewhere. The coins were not simply moved into obscurity. They were sent to a destination designed to be unspendable. Theories Why Someone Burns $8.3 Million In Bitcoin Galaxy’s first theory was tax-related, but the firm appeared skeptical of its own explanation. A sender could have been attempting to create a tax loss by destroying the coins, the team wrote, but that logic weakens if the Bitcoin was acquired long ago. “Most are very old, so selling them would produce gains, not losses,” Galaxy said. The thread then moved into more speculative territory. Galaxy suggested the burn could have been motivated by religious reasons, citing traditions in which adherents renounce possessions. But it also noted that giving assets away, rather than destroying them, is the more typical pattern. That distinction matters: a donation or transfer would move wealth to another party, while a burn removes it from circulation entirely. Another possibility raised by Galaxy was that the coins were tied to illicit activity and that the sender concluded there was no viable path to launder or spend them . In that scenario, destruction would function less as a financial decision than as a risk-management act, eliminating the asset rather than attempting to move it through traceable channels. Galaxy also floated darker explanations involving coercion. “Perhaps the sender was under some form of duress, such as torture or threat of kidnapping or bodily harm, and instead of making him spend the coins to the attacker, the attacker is sick and twisted and instead demanded the victim destroy his wealth. We sincerely hope it is not this one.” The firm added a related theory in which proof-of-burn was demanded as an initiation ritual for a club or cult. The most striking theory, and the one Galaxy described as “perhaps among the most likely,” was not human ideology or criminal pressure but an automated error. The team imagined a large trading or Bitcoin operation using an agentic system to execute transfers. “Say you are running a big agentic trading or bitcoin operation, and you recently onboarded a new counterparty,” Galaxy wrote. “You instruct your agent to ‘send the counterparty 107 BTC’ and the [agent] accidentally sends it to the Countparty ( Burn Address ) instead of your counterparty.” The typo-like logic behind that theory is notable. “Counterparty” is also associated with one of Bitcoin’s older burn mechanisms, and the address used here has long been known as a burn destination. If an automated system confused a real counterparty with a burn address label, the result could be catastrophic: an irreversible transfer with no recovery path. Galaxy did not claim to have identified the sender, and the thread made clear that each theory remains conjecture. “We may never know who sent the 107 BTC or why, but these are the best we can come up with,” the firm wrote, inviting other explanations. At press time, BTC traded at $72,828.
28 May 2026, 11:00
Stellar: Why XLM’s 15% rally may not signal a true trend reversal

Stellar rallied strongly after news that the DTCC chose the network for plans to enable the tokenization of DTC custodied assets on Stellar.
28 May 2026, 11:00
XRP Enters Bearish Continuation via Kibar Outlook, Cash App Opens Wallet-Free USDC to 59 Million Users, Cardano Whales Hit 67% Supply Record Amid Split - Mornin...

Kibar's XRP outlook flags a bearish continuation to $0.75 alongside a major Cash App USDC integration and record 67% Cardano whale accumulation.
28 May 2026, 10:50
Upbit Halts Monad (MON) Deposits and Withdrawals Over Node Sync Error

BitcoinWorld Upbit Halts Monad (MON) Deposits and Withdrawals Over Node Sync Error South Korea’s largest cryptocurrency exchange, Upbit, has temporarily suspended deposits and withdrawals for Monad (MON) due to a node synchronization issue. The exchange confirmed the halt on its official support channel, advising users that the functionality will be restored once the technical problem is resolved. What Caused the Suspension? The suspension stems from a node synchronization failure, a technical condition where the exchange’s node — a software client that maintains a copy of the Monad blockchain — falls out of sync with the network’s latest state. This prevents Upbit from accurately verifying incoming transactions and updating wallet balances, making deposits and withdrawals unreliable. Node sync issues are not uncommon in the cryptocurrency industry, particularly for newer or less established blockchain networks. They can result from software bugs, network congestion, or configuration errors. In Upbit’s case, the exchange has not disclosed the exact root cause but has stated that its technical team is actively working on the fix. Implications for MON Traders For users holding or trading Monad (MON) on Upbit, the suspension means that while spot trading may continue, no new funds can be deposited into the exchange, and existing MON balances cannot be withdrawn to external wallets. This creates a temporary liquidity constraint for MON holders who rely on Upbit for on- and off-ramp services. Historically, similar suspensions on major exchanges have led to short-term price volatility for the affected token, as traders react to reduced accessibility. However, the impact is often contained once the technical issue is resolved and normal service resumes. Upbit’s Track Record with Technical Issues Upbit, operated by Dunamu, is one of the most active cryptocurrency exchanges globally by trading volume. It has experienced similar technical halts in the past, including suspensions for tokens like WEMIX and SAND during network upgrades or node problems. In most cases, services were restored within a few hours to a day. The exchange typically provides updates through its official status page and social media channels. What Should MON Holders Do? Users with MON funds on Upbit should monitor the exchange’s official announcements for restoration timelines. Attempting to deposit or withdraw MON during the suspension will likely result in failed transactions or lost funds. It is advisable to wait for confirmation from Upbit that the node sync issue has been fully resolved before initiating any transfers. Conclusion The temporary suspension of Monad (MON) deposits and withdrawals on Upbit is a technical precaution to protect user funds during a node synchronization problem. While disruptive, such measures are standard practice in the crypto exchange industry to prevent transaction errors. Upbit has not provided an estimated time for resolution, but similar issues in the past have been resolved within a day. Traders and holders should stay updated via official channels and avoid making transfers until services are fully restored. FAQs Q1: Why did Upbit suspend MON deposits and withdrawals? Upbit suspended MON services due to a node synchronization issue, which prevents the exchange from accurately processing transactions on the Monad network. Q2: When will MON deposits and withdrawals resume on Upbit? Upbit has not provided a specific timeline. Services will be restored once the node sync issue is resolved. Users should monitor Upbit’s official announcements for updates. Q3: Can I still trade MON on Upbit during the suspension? Spot trading of MON may still be available on Upbit, but deposits and withdrawals are temporarily disabled. Check the exchange’s trading page for current status. This post Upbit Halts Monad (MON) Deposits and Withdrawals Over Node Sync Error first appeared on BitcoinWorld .














































