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Audiera\'s BEAT token surges more than 1,500 percent in a month as bitcoin and ether slide

Audiera, an AI music platform, has drawn market attention after its BEAT token surged more than 1,500 percent over the past month, while bitcoin and ether fell by double digits. BEAT reached a record $9.2, with Cointelegraph citing revenue-based token burns as a key driver. Audiera reported weekly revenue of 772,045 BEAT from June 1 to 8 and burned 770,545 BEAT in the same period. Analysts also point to large short liquidations and overheating technical indicators.

Crypto

When will Ripple\'s XRP escrow run out? Former CTO answers

Ripple\'s XRP escrow could be depleted between 2035 and 2036 if its current operating pattern continues, a former executive said. XRPScan data show Ripple holds about 32.9 billion XRP in escrow, with 1 billion released monthly. Ripple has typically re-escrowed 700 million to 800 million XRP and used 200 million to 300 million. Former CTO David Schwartz said the timing is hard to pin down because it depends on assumptions and could change with business needs and market conditions.

Crypto

Economist Henrik Zeberg says Michael Saylor will eventually collapse, raising questions over Strategy

Economist Henrik Zeberg criticised Strategy Chairman Michael Saylor\'s approach of accumulating bitcoin using borrowed money, saying it would end in disaster. The warning comes as bitcoin fell from about $82,000 in early June to $62,000 to $63,000 in about two weeks, and Strategy reported an operating loss of $14 billion in the first quarter of 2026 tied to unrealised losses. Debate is shifting to the sustainability of leveraged bitcoin treasury strategies.