Samsung’s Market Capitalisation Surpasses $1 Trillion Amid AI Hype
On May 6, Samsung shares surged by over 15%, pushing the company's market capitalisation beyond $1 trillion. This milestone makes Samsung the second Asian company, after TSMC, to reach this mark. Samsung stock chart. Source: Yahoo Finance. The company first crossed the $1 trillion threshold on February 26. Now, its shares have surpassed record levels and are on track for the largest single-day gain in history. The rally followed a strong quarterly report. Samsung's semiconductor division posted record profits in the first quarter, exceeding expert expectations. Operating profit reached 53.7 trillion won ($36 billion), against a forecast of 35.3 trillion won. The figure increased 48-fold, largely due to high margins on equipment for AI infrastructure and data centres. Experts believe the chip division will set new profit records in the coming quarters, as contract prices rise amid limited supply. They cite a more than 180% increase in semiconductor exports from Korea in the first 20 days of April as evidence. An additional boost to the stock came from a Bloomberg report: Apple held preliminary talks with Samsung and Intel about manufacturing chips for its devices in the United States. The potential deal would allow the iPhone maker to diversify its supply beyond TSMC. Shares of the South Korean chipmaker SK Hynix rose by more than 10%. The Kospi index added 6% and climbed above 7000 points for the first time. Memory: The Engine of Growth Sales of the chip manufacturer SK Hynix increased by more than 10%. The Kospi index added 6% and climbed above 7000 points for the first time. High-bandwidth memory supports Samsung's profitability, yet the company still faces stiff competition from SK Hynix. Samsung is closing the gap in the rapidly growing AI memory segment: in February, the company announced it was the first in the world to begin mass production of HBM4 — sixth-generation chips. These are expected to become a key component of Nvidia's future AI architecture, Vera Rubin, designed for handling resource-intensive tasks in data centres. Samsung is considering transitioning to multi-year contracts for memory chip supply.
Skyworks Solutions (SWKS) Stock Surges on Earnings Beat and Major Android Contract
Skyworks (SWKS) stock surged 5.4% after crushing Q2 estimates and announcing a major Android OEM design win worth over $1 billion through 2030. The post Skyworks Solutions (SWKS) Stock Surges on Earnings Beat and Major Android Contract appeared first on Blockonomi.
SpaceX’s Terafab megafab in Texas eyed for $55 billion build-out
SpaceX plans an initial $55 billion Terafab chip and AI megafactory in Grimes County, Texas, as part of Elon Musk’s broader Austin-centered semiconductor and compute build‑out. SpaceX is preparing to pour an estimated $55 billion into the first phase of…
The Biggest XRP Treasury Company Is Adopting A New Strategy, Here’s What It Is
XRP treasury firm Evernorth’s CEO, Asheesh Birla, has explained how his company differs from other digital asset treasuries (DATs). He stated that they intend to actively generate yields for investors as soon as they list on the Nasdaq under the ticker ‘XRPN.’ Evernorth CEO Comments On How The XRP Treasury Company Stands Out During an […]
Russia’s oil tax revenues hit six-month high amid Middle East tensions
Russia's increased oil tax revenues highlight the complex interplay between geopolitical tensions and global economic stability. The post Russia’s oil tax revenues hit six-month high amid Middle East tensions appeared first on Crypto Briefing.
MetaMask taps theMiracle to power new rewards tab with targeted brand activations
MetaMask's integration with theMiracle enhances user engagement by centralizing personalized rewards, transforming wallets into dynamic ecosystems. The post MetaMask taps theMiracle to power new rewards tab with targeted brand activations appeared first on Crypto Briefing.
US Army Enlists Top Contractors for AI Integration in Weaponry
US Army Secretary Dan Driscoll is convening leading contractors and representatives from Palantir and Anduril to enhance system interoperability and deepen AI integration. This is reported by Bloomberg. The initiative is called the Right to Integrate Hackathon. Driscoll conceived it after a trip to Germany, where he recognized a longstanding issue: army technologies often operate in isolation. System integration requires specialized engineering work, which slows operations and hinders the deployment of new tools. Driscoll met with representatives of the Ukrainian armed forces, who use an open architecture mechanism. This was a "moment of enlightenment," writes Bloomberg. “Nothing of this size and scale has ever been properly implemented in partnership with all these companies in any industry or context. Nowhere in the world,” the secretary stated. Open Systems Initially, the program will cover air defense systems, drones, and missiles. In the first phase, the army will have access to more than 50 types of weaponry; combat vehicles are likely to be involved as well. Participants in the Right to Integrate Hackathon include Lockheed Martin, Northrop Grumman, RTX, Boeing, General Dynamics, L3Harris Technologies, Perennial Autonomy, Palantir, and Anduril. The latter's platform, Lattice, will serve as a "validator" of the project's viability. The initiative also aims to demonstrate a new approach to operations at the Pentagon during Donald Trump's presidency: the world's largest armed forces must adopt a startup mentality and accelerate changes that previously took years or decades. Driscoll has tasked the army's chief technology officer, Alex Miller, with inviting companies to Fort Carson, Colorado, and opening their systems for interoperability. The program is also intended to simplify the integration of AI into battlefield decision-making—while maintaining human oversight. In May, the Pentagon signed agreements with Nvidia, Microsoft, Reflection, and Amazon Web Services to apply advanced AI tools in classified military environments.
IonQ (IONQ) Earnings Preview: Wall Street Eyes 557% Revenue Surge
IonQ (IONQ) reports Q1 earnings Wednesday. Analysts expect massive 557% revenue growth and EPS of -$0.52. Price targets reach $65.27 amid Nvidia ties. The post IonQ (IONQ) Earnings Preview: Wall Street Eyes 557% Revenue Surge appeared first on Blockonomi.
Wadoozie ($WADZ): The Ethereum Memecoin With a 48-State Tour and Hidden Token Rewards
TLDR Wadoozie is a narrative-driven Ethereum memecoin launching May 27, 2026, with the ticker $WADZ and a 0% buy/sell tax 2 billion tokens were minted at genesis, with just under 1 billion burned at launch, leaving an effective supply of 1,000,000,001 75% of supply sits in a DAO-governed, locked liquidity pool paired with ETH — [...] The post Wadoozie ($WADZ): The Ethereum Memecoin With a 48-State Tour and Hidden Token Rewards appeared first on Blockonomi.
Iran airstrikes damage 228 US military targets in Middle East
The escalation in military tensions could lead to increased regional instability and potential involvement of European allies in the conflict. The post Iran airstrikes damage 228 US military targets in Middle East appeared first on Crypto Briefing.
SpaceX Files $55B Investment Plan for Texas Chip Manufacturing Facility
SpaceX reveals $55B first-phase investment for Terafab chip facility in Texas, with total costs potentially reaching $119B using Intel's 14A process. The post SpaceX Files $55B Investment Plan for Texas Chip Manufacturing Facility appeared first on Blockonomi.
OpenTrade Lands $17M Investment Round Amid Rising Stablecoin Yield Interest
OpenTrade closes $17M funding round to expand stablecoin yield products and RWA lending tools as demand for digital asset infrastructure accelerates. The post OpenTrade Lands $17M Investment Round Amid Rising Stablecoin Yield Interest appeared first on Blockonomi.
Blockchain.com Launches Rapid Bitcoin Prediction Platform
Cryptocurrency firm Blockchain.com has introduced SnapMarkets, a platform for predicting changes in the price of the leading cryptocurrency at 30-second intervals. Nothing ventured, nothing gained. Introducing SnapMarkets. Where every second counts, every minute is money, and finding the truth faster means us all finding it more often.https://t.co/0cHrUtrKNE incubated by @blockchain, launched on @arbitrum pic.twitter.com/hpED56EDXy— SnapMarkets (@TheSnapMarkets) May 6, 2026 The minimum bet is $1 on the rise or fall of the asset. Developers describe the product as a "skill-based prediction market." In addition to trading functionality, the platform includes a chat, real-time price feed, and leaderboard. Unlike Polymarket or Kalshi, SnapMarkets focuses solely on bitcoin price predictions rather than elections or sports outcomes. Blockchain.com plans to expand the range of available markets over time. The launch coincides with a period of significant growth in the sector. According to Dune, in April, the total trading volume on prediction markets exceeded $29 billion. Source: Dune. Blockchain.com insists that SnapMarkets is not binary options. The company describes the service as a "simple and transparent way" to engage with price movements, rather than a traditional derivative instrument. Regulators in the US and Europe approach such products with caution. In 2018-2019, EU and UK authorities banned offering binary options to retail clients. In the US, such platforms are regulated by the CFTC. Due to regulatory restrictions, SnapMarkets is unavailable to residents of the US and UK. The service supports integration with Blockchain.com wallets and third-party DeFi applications. New users are automatically provided with a non-custodial wallet. Earlier, on May 2, developers of Hyperliquid activated the HIP-4 protocol on the HyperEVM mainnet. The main innovation was the introduction of prediction markets.
Compass (COMP) Shares Soar 30% on Unexpected Q1 Earnings Beat
Compass (COMP) stock surged 30% after reporting surprise Q1 profit of $0.03 EPS vs. expected -$0.21 loss. Revenue climbed 99% to $2.70B year-over-year. The post Compass (COMP) Shares Soar 30% on Unexpected Q1 Earnings Beat appeared first on Blockonomi.
Nvidia (NVDA) Stock Inches Up 2.4% While AMD Rockets 15% — What’s Behind the Disconnect?
Nvidia (NVDA) stock rose just 2.4% while AMD surged 15% on earnings. The AI chip market is shifting from GPUs to CPUs—and that's changing the game. The post Nvidia (NVDA) Stock Inches Up 2.4% While AMD Rockets 15% — What’s Behind the Disconnect? appeared first on Blockonomi.
Here’s why Zcash price soared over 40% today
Zcash price surged more than 40% on Wednesday, briefly touching the $600 mark after Multicoin Capital co-founder Tushar Jain revealed the firm had quietly accumulated a significant position in the privacy-focused cryptocurrency since early 2024. According to data from crypto.news,…
Should You Buy XRP Right Now? Why It Could Be the Top Crypto Pick for 2026
Should You Buy Right Now? Why It Could Be the for 2026 XRP has faced some tough times lately. It’s down about 25% this year and a huge 62% from its peak of $3.65 just a year ago. Right now, […] The post Should You Buy XRP Right Now? Why It Could Be the Top Crypto Pick for 2026 appeared first on Blockmanity.
$1 Trillion Altcoin Breakout: What Big Money Move Into ZEC, XRP, and DOGE Really Means
Altcoins hit the $1 trillion milestone as Zcash, XRP, and Dogecoin break from the pack, fueled by a rare alignment of privacy demand, institutional ETF liquidity, and X Money anticipation.
Wadoozie is taking the memecoin on a 48-state road trip and hiding crypto along the way
Wadoozie reimagines memecoins with narrative-driven token model ahead of May 27 launch. The memecoin space has largely been a game of tickers, trending hashtags, and fleeting attention. Wadoozie wants to change that narrative. The Ethereum-based project is building something structurally…
Hyperliquid Whale Faces $20.3M Wipeout as Bitcoin Nears $82,236 Liquidation Price
A trader deposited roughly 500,000 USDC into the decentralized perpetuals platform Hyperliquid early Wednesday and leveraged it 40 times, opening a $20.32 million bitcoin short with a liquidation threshold sitting at $82,236, just over 1% above bitcoin’s current trading level. Key Takeaways: Trader 0x128e opened a $20.32M, 40x BTC short on Hyperliquid, per Lookonchain. The […]
21Shares Debuts STRC ETN on London Stock Exchange With 11.50% Monthly Yield
21Shares launches STRC ETN on LSE, providing UK investors access to Strategy's bitcoin-linked preferred equity with 11.50% monthly yield in GBP. The post 21Shares Debuts STRC ETN on London Stock Exchange With 11.50% Monthly Yield appeared first on Blockonomi.
Major Oil Stocks Plunge as U.S.-Iran Peace Talks Send Crude Prices Tumbling
Exxon (XOM), Chevron (CVX), and BP shares tumbled over 3% as oil prices crashed below $100 on U.S.-Iran peace deal optimism and Strait of Hormuz pause. The post Major Oil Stocks Plunge as U.S.-Iran Peace Talks Send Crude Prices Tumbling appeared first on Blockonomi.
Zcash price may hit $800 as $2.7B hedge fund reveals ‘significant position’ in ZEC
Robinhood’s ZEC listing, easing US–Iran tensions and a shrinking liquid supply of tokens are further strengthening the bullish outlook for Zcash in the coming weeks.
Samsung SDS wins deal to build South Korea’s blockchain securities system: Report
The Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework.
Why stablecoins and SWIFT may have to coexist
Remittance firms are using crypto to bypass parts of traditional settlement infrastructure, but this does not mean SWIFT is disappearing.
OpenTrade raises $17M as CEO sees stablecoin yield tailwinds
OpenTrade raised $17 million to expand its stablecoin yield platform, bringing total funding above $30 million as it scales stablecoin yield infrastructure for global clients.
Western Digital (WDC) Stock: Executives Unload $10M+ as Shares Approach Peak Levels
Western Digital (WDC) executives sold over $10M in stock this week. CEO Irving Tan and COO Vidyadhara Gubbi cashed out as WDC nears record highs. The post Western Digital (WDC) Stock: Executives Unload $10M+ as Shares Approach Peak Levels appeared first on Blockonomi.
Bitcoin hits $82,000 as analysts expect the rally to continue
The price of the leading cryptocurrency climbed above $82,000, a three-month high. K33 Research noted that prolonged market pessimism is setting the stage for further gains. Source: K33. Funding rates in the derivatives market have stayed negative for 67 straight days. The 30-day average funding has surpassed the spring 2020 record—the longest streak in the past decade. Source: K33. Vetle Lunde, head of research at K33, stressed that this pattern reflects traders’ defensive positioning. Historically, extended periods of negative funding have coincided with market bottoms. According to K33, buying bitcoin during bearish phases delivers higher returns than random entries. The probability of profit over horizons up to a year in such periods is 83%–96%, versus 55%–70% for purchases on arbitrary days. Lunde added that the state of the derivatives market creates a risk of a short squeeze. In his view, the metrics reflect genuine market sentiment rather than technical patterns. All past episodes with similar funding rates proved favourable for accumulation. Bitcoin and key resistance BloFin’s analysts compared the current market structure with January’s set-up. Then the leading cryptocurrency rose 22%, reached $98,000 and hit the 200-day exponential moving average (EMA). A 38% drop to $60,000 followed. 1/💡 Is Bitcoin about to break higher, or repeat January’s rejection?The current rally mirrors January, when BTC surged 22% to $98K, hit the 200D EMA, RSI entered overbought territory, and got rejected hard, dropping 38% to $60k.🟠 BTC: Same resistance, different demand… https://t.co/ATgNcK6tAi pic.twitter.com/uLvsAiM30a— BloFin Research (@BloFin_Academy) May 6, 2026 Bitcoin is again moving within an ascending channel, and the Relative Strength Index is nearing overbought territory. Yet the fundamentals look stronger than at the start of the year: in April, net inflows into spot bitcoin-ETFs totalled $2.44bn—the best since last autumn; large players and corporations are absorbing supply: Strategy bought over 100,000 BTC, and whales accumulated 270,000 BTC over the month; corporate demand is 2.5 times the pace of new coin issuance by miners. The critical range is $83,000–84,000. A sustained break above the 200-day EMA would confirm the bull trend. Among external risks, experts highlight uncertainty after the change of leadership at the Fed and the impact of oil prices on global inflation. These factors could heighten volatility and spur outflows from risk assets. Bitcoin at $93,000 XWIN Japan’s analysts called $93,000 a key upside target for bitcoin. In their view, this level stems from the mechanics of price gaps on the CME. Why $93,000 Is a Key Upside Target for Bitcoin“CME gaps are not guarantees, but signals. They represent zones where positioning, liquidity, and market psychology converge, making them key reference points for future price action.” – By @xwinfinance pic.twitter.com/H1rh2O2eIJ— CryptoQuant.com (@cryptoquant_com) May 6, 2026 Gaps arise from differing trading schedules: CME futures operate only on weekdays, whereas the spot market runs around the clock. As a result, zones of thin liquidity form between Friday’s close and Monday’s open. Experts stressed that a gap is not merely a “magnet” for price but an area where no trades occurred. The market tends to revisit such zones to rebalance positions and refill liquidity. Open interest (OI)—the total number of active contracts—is a key factor. Elevated OI points to excess leverage. When traders start to close positions or face liquidations, price moves toward liquidity clusters—often the gaps. One gap has already been filled. The next target is around $93,000, which XWIN Japan sees as a logical medium-term reference. Analysts cautioned that the move will not necessarily be linear. If leverage swells without support from spot demand, the market may first turn lower. Such a correction would flush weak positions before a subsequent rise toward the upper target. De-escalation in the Middle East The price of the leading cryptocurrency exceeded $80,000 alongside gains in US equities. QCP Capital’s analysts linked the positive tone to President Donald Trump’s decision to pause Operation Project Freedom in the Strait of Hormuz. Easing regional tensions pushed oil prices down and the dollar weaker. Investors read this as a cue to buy risk assets. The S&P 500 posted its best result since 2020, and bitcoin reaffirmed its correlation with equities. The options market does not yet confirm a full-fledged breakout. One-month implied volatility sits near 41%, and demand for put options persists—participants are buying bitcoin but continue to hedge risks. Analysts highlighted key sources of pressure on prices: Japan: a weak yen and rising government-bond yields could constrain global liquidity; macro: sticky inflation and high US interest rates; energy: a possible return of rising oil prices. For the rally to extend, bitcoin needs to hold above $82,000–83,000. QCP Capital warned that until these levels are cleared, any advance could flip into a sell-off if the external backdrop deteriorates. On May 5, BitMEX co-founder Arthur Hayes said, that bitcoin would rise to $125,000 by year-end.
Joseph Lubin Foresees Global Economy Transitioning On-Chain
Ethereum co-founder and ConsenSys CEO Joseph Lubin has stated that the global economy will gradually transition on-chain. He made this remark at the Consensus 2026 conference, reports CoinDesk. "We are moving towards a world where virtually the entire economy will be tokenized," noted Lubin. According to him, tokenization has moved beyond experimentation—it first took hold in stablecoins, then spread to treasury bonds and other real assets. Traditional financial institutions and regulators are increasingly considering blockchain as infrastructure for the capital market, he emphasized. Ethereum as a Base for Tokenization In a conversation with The Block, Lubin estimated the volume of traditional financial assets at approximately $700 trillion. He believes Ethereum is structurally prepared to absorb a significant portion of this flow—thanks to its neutrality, security, and compatibility with EVM. This is also facilitated by the network's inherent architecture, which allows for the issuance of assets without creating a separate blockchain for each one. The future growth of Ether, according to the expert, is linked to the on-chain transfer of stocks, treasury bonds, ETFs, and other financial instruments. Ethereum already leads in tokenization activity of RWA: the platform's share in the segment, which exceeds $31 billion, is over 50%. Source: RWA.xyz. Treasury Companies Lubin described the model of crypto treasuries as "a valuable, powerful, and important construct for the digital asset space and traditional finance." 🔥-side with @ethereumJoseph and @robbieklages live from MainStage pic.twitter.com/4eihBoYDYM— #Consensus2026 → Miami (@consensus2026) May 5, 2026 Companies accumulating Ethereum and Bitcoin could become a source of long-term capital for the ecosystem, he believes. Among successful examples, the ConsenSys CEO highlighted Strategy, BitMine, and SharpLink. Such structures are beneficial if they do not abuse leverage, can withstand volatility, and are focused on developing the underlying networks. However, Lubin distinguished these firms from "superficial copies." In his view, launching treasury companies based on "weak" tokens or short-lived ecosystems could harm the projects themselves. DeFi Hacks and AI's Role The Ethereum co-founder also commented on recent incidents in the DeFi sector, including the hack of the Kelp protocol. ConsenSys and Lubin personally had previously directed 30,000 ETH to the DeFi United fund, created to restore rsETH collateral. The expert does not view these attacks as evidence of the failure of decentralized finance. He stated that the early financial infrastructure is undergoing a painful strengthening process, with attackers effectively exposing weaknesses in protocols. Lubin estimates that the coming year will remain unstable. However, he is confident that the development of artificial intelligence will help create more reliable software. Quantum Risks The ConsenSys CEO separately addressed the topic of quantum computing. He noted that Ethereum's transition to quantum resistance is already embedded in the existing scaling roadmap and will become a "byproduct" of planned improvements. The situation with Bitcoin is more complex, Lubin added. In his opinion, the community will eventually need to set a deadline for phasing out vulnerable address types. Such a transition could spark disputes over ownership rights—especially concerning old inactive coins. Previously, the community was outraged by developer Jameson Lopp's initiative, which proposes freezing assets vulnerable to quantum computers. Around 1.7 million BTC are at risk. Back in September last year, Lubin predicted a 100-fold increase in Ethereum's price due to mass adoption by institutional players.
Elon Musk’s Power Grab: How an $80B Mars Dream Nearly Destroyed OpenAI
OpenAI's Greg Brockman testifies about Elon Musk's aggressive 2017 attempt to gain full control of the AI company to fund his Mars colonization plans. The post Elon Musk’s Power Grab: How an $80B Mars Dream Nearly Destroyed OpenAI appeared first on Blockonomi.
Stockcoin.ai raises seed round from Amber Group to fuse AI, stocks, and crypto
Stockcoin.ai has raised a seed round led by Amber Group to build an AI-native trading OS that pipes on-chain signals into stock and crypto futures flows while adding Hong Kong IPO and US pre‑IPO access from a single interface. Stockcoin.ai,…
BiggerZ Crypto iGaming Platform: Exploring Fast Payouts, Sports Markets, and Flexible Access in 2026
This article was written by Bitcoin.com News on behalf of BiggerZ. This is sponsored content produced by the Bitcoin.com News editorial team. The continued expansion of cryptocurrency is reshaping digital industries beyond finance, including online casinos and sportsbooks. According to industry observations, crypto-based betting platforms have gained traction as users seek faster transaction speeds and […]
TON Rockets 69% Following Telegram Integration News
Toncoin maintains steady upside momentum since Pavel Durov made the big unveiling of the plan to let Telegram become the network’s lead validator.
AMD (AMD) Stock Surges 18.8% on TSMC Capacity Win and Strong Earnings
AMD stock jumped 18.8% premarket on strong earnings, TSMC capacity allocation win, and accelerating server CPU demand. Analysts upgraded targets to $625. The post AMD (AMD) Stock Surges 18.8% on TSMC Capacity Win and Strong Earnings appeared first on Blockonomi.
Apple (AAPL) Stock Climbs on iOS 27 AI Model Selection Plans
Apple (AAPL) stock gains as iOS 27 plans reveal third-party AI model integration, expanding Siri and app features with user choice at the forefront. The post Apple (AAPL) Stock Climbs on iOS 27 AI Model Selection Plans appeared first on Blockonomi.
Ripple (XRP) News Today: May 6
A closer look at some of the key advancements surrounding Ripple and its ecosystem.
Ripple's Schwartz on XRP Price: 'I've Been Clear All Along'
Ripple CTO emeritus David Schwartz reiterates his stance on XRP price outlook.
Bitcoin at $80K Is Not a Prediction. It’s a Rounding Error.
The question people keep asking about Bitcoin is the wrong one. They want to know if it will hit $80,000. The more interesting question is what happens to the world when it does, and whether everyday spending is finally ready to keep up. Bitcoin is currently trading in a range that, just three years ago, would [...] The post Bitcoin at $80K Is Not a Prediction. It’s a Rounding Error. appeared first on Blockonomi.
IBM expands enterprise AI platform tools with new agent capabilities
IBM introduced new enterprise artificial intelligence tools on Tuesday aimed at helping organizations build and manage internal AI systems across hybrid cloud environments. According to a May 6 press release, IBM announced new additions to its IBM Enterprise Advantage and…
Morgan Stanley Enters the Crypto Trading War With Aggressive 50-Basis-Point Fees
The Wall Street titan has now launched crypto trading for a small portion of its customers under its E*Trade platform, as the company plans to offer more investment options linked to the cryptocurrency asset class. Morgan Stanley is also undercutting its rivals on fees. Morgan Stanley Rolls Out Crypto Trading Pilot on E*Trade Giants of […]
Crypto Buzz: White House Teases Bitcoin Stockpile Update and Market Impact
Crypto Buzz: and Market Impact In the fast-moving world of crypto, big news from the government can shake things up. Recently, the The post Crypto Buzz: White House Teases Bitcoin Stockpile Update and Market Impact appeared first on Blockmanity.
Eli Lilly (LLY) Stock Climbs as Pharma Giant Unveils Historic $4.5B Manufacturing Expansion
Eli Lilly (LLY) stock rises 2% as the pharmaceutical giant announces $4.5B in new Indiana manufacturing investments, totaling over $21B since 2020. The post Eli Lilly (LLY) Stock Climbs as Pharma Giant Unveils Historic $4.5B Manufacturing Expansion appeared first on Blockonomi.
Samsung’s Market Capitalisation Surpasses $1 Trillion Amid AI Hype
On May 6, Samsung shares surged by over 15%, pushing the company's market capitalisation beyond $1 trillion. This milestone makes Samsung the second Asian company, after TSMC, to reach this mark. Samsung stock chart. Source: Yahoo Finance. The company first crossed the $1 trillion threshold on February 26. Now, its shares have surpassed record levels and are on track for the largest single-day gain in history. The rally followed a strong quarterly report. Samsung's semiconductor division posted record profits in the first quarter, exceeding expert expectations. Operating profit reached 53.7 trillion won ($36 billion), against a forecast of 35.3 trillion won. The figure increased 48-fold, largely due to high margins on equipment for AI infrastructure and data centres. Experts believe the chip division will set new profit records in the coming quarters, as contract prices rise amid limited supply. They cite a more than 180% increase in semiconductor exports from Korea in the first 20 days of April as evidence. An additional boost to the stock came from a Bloomberg report: Apple held preliminary talks with Samsung and Intel about manufacturing chips for its devices in the United States. The potential deal would allow the iPhone maker to diversify its supply beyond TSMC. Shares of the South Korean chipmaker SK Hynix rose by more than 10%. The Kospi index added 6% and climbed above 7000 points for the first time. Memory: The Engine of Growth Sales of the chip manufacturer SK Hynix increased by more than 10%. The Kospi index added 6% and climbed above 7000 points for the first time. High-bandwidth memory supports Samsung's profitability, yet the company still faces stiff competition from SK Hynix. Samsung is closing the gap in the rapidly growing AI memory segment: in February, the company announced it was the first in the world to begin mass production of HBM4 — sixth-generation chips. These are expected to become a key component of Nvidia's future AI architecture, Vera Rubin, designed for handling resource-intensive tasks in data centres. Samsung is considering transitioning to multi-year contracts for memory chip supply.
FCA Launches Investigation Into Mastercard, Visa, and PayPal Over Competition Concerns
The FCA has opened a competition investigation into Mastercard, Visa, and PayPal focusing on PayPal's digital wallet funding. Stock prices dropped on the news. The post FCA Launches Investigation Into Mastercard, Visa, and PayPal Over Competition Concerns appeared first on Blockonomi.
CME Group (CME) Stock Dips Ahead of Bitcoin Volatility Futures Debut in June
CME Group (CME) stock fell as the exchange announced Bitcoin Volatility futures launching in June, providing regulated hedging tools for crypto traders. The post CME Group (CME) Stock Dips Ahead of Bitcoin Volatility Futures Debut in June appeared first on Blockonomi.
Wall Street Giant Morgan Stanley Enters Crypto Race With Pricing Edge: Report
Morgan Stanley is bringing Bitcoin, Ethereum, and Solana trading to E*Trade clients soon.
Solana And Google Cloud Unveil Pay.sh For Pay-Per-Request API Access
Solana Foundation and Google Cloud have introduced Pay.sh, a Solana-based gateway designed to let AI agents discover, access and pay for APIs on a per-request basis using stablecoins. The launch positions Solana as payment infrastructure for agentic software workflows, with Google Cloud APIs including Gemini, BigQuery, Vertex AI, BigTable and Cloud Run among the first […]
AI Memory Giants Face Off: Samsung vs SK Hynix Stock Comparison for 2026
Samsung and SK Hynix both crushed Q1 2026 earnings. Compare their AI memory strategies, HBM leadership, and analyst ratings to pick the better stock. The post AI Memory Giants Face Off: Samsung vs SK Hynix Stock Comparison for 2026 appeared first on Blockonomi.
Linea contributes ZK rollup stack to Linux Foundation open-source group
Linea Consortium board director Declan Fox said the move gives its technology a neutral, foundation-governed home.
Bubblemaps flags MYSTERY token over 90-wallet launch sniping cluster
Bubblemaps said it identified a large wallet cluster that accumulated 90% of the Mystery token’s supply at launch, raising concerns around the token’s distribution.
MoneyGram and Kraken: The Global "Crypto-to-Cash" Bridge Is Finally Live
On May 5, 2026, that barrier was largely demolished as Kraken and MoneyGram announced a massive strategic partnership to enable crypto-to-cash withdrawals at a global scale.
Coinbase Sued by Crypto Whale Over $55M DAI Theft Recovery
Anonymous crypto whale sues Coinbase over frozen funds from $55M DAI theft. Exchange demands court order before releasing traced stolen assets. The post Coinbase Sued by Crypto Whale Over $55M DAI Theft Recovery appeared first on Blockonomi.
Can AI Bot Be Used for Forex Trading? 8 Forex Trading Bot To Get Started Quickly
Introduction: Most Forex Traders Aren’t Losing to the Market — They’re Losing to Systems Most Forex traders don’t fail because of bad strategies. They fail because they are trading manually in a market dominated by systems. In 2026, Forex is no longer a space where human reaction speed determines outcomes. It’s a system-driven environment where [...] The post Can AI Bot Be Used for Forex Trading? 8 Forex Trading Bot To Get Started Quickly appeared first on Blockonomi.
BMW (BMW.DE) Stock Surges 6% on Strong Q1 Margins and Cash Flow Performance
BMW stock rallied 6% after Q1 automotive margins hit 5% and free cash flow surged to €777M, beating forecasts despite a 25% profit decline. The post BMW (BMW.DE) Stock Surges 6% on Strong Q1 Margins and Cash Flow Performance appeared first on Blockonomi.
Alphabet (GOOGL) Stock Surges on Massive $200B Anthropic Cloud Partnership
Alphabet (GOOGL) stock gained 2% after Anthropic committed ~$200B to Google Cloud over five years, representing 40%+ of Google's cloud revenue backlog. The post Alphabet (GOOGL) Stock Surges on Massive $200B Anthropic Cloud Partnership appeared first on Blockonomi.
CryptoQuant analyst flags $93k as key upside target for Bitcoin
CryptoQuant flags Bitcoin’s unfilled $93k CME futures gap as a key upside “price magnet,” not a guaranteed destiny, for the next leg of the BTC cycle. CryptoQuant analysts say $93,000 is a key upside target for Bitcoin (BTC), anchored around…
Bitcoin price breaches $82K resistance, bullish crossover hints move to $85K next
Bitcoin price climbed above the key $82,000 resistance level on Wednesday as easing Middle East tensions, falling oil prices, and continued spot ETF inflows boosted risk appetite across the crypto market. According to data from crypto.news, Bitcoin (BTC) price surged…
Hut 8 (HUT) Stock Soars 37% on Massive $9.8 Billion AI Data Center Agreement
Hut 8 (HUT) stock jumped 37% after announcing a $9.8B AI data center lease in Texas, increasing total contracted capacity to 597 MW and contract value to $16.8B. The post Hut 8 (HUT) Stock Soars 37% on Massive $9.8 Billion AI Data Center Agreement appeared first on Blockonomi.
Market Movers Today: AMD (AMD) Soars 20%, Oil Stocks Tumble on Iran Deal Optimism
AMD surged 20% on AI chip momentum while oil stocks fell on Iran peace progress. Disney, Uber, and cruise lines rallied on strong earnings and lower fuel costs. The post Market Movers Today: AMD (AMD) Soars 20%, Oil Stocks Tumble on Iran Deal Optimism appeared first on Blockonomi.
XRP Lines Up for $2 Target as Key Bollinger Bands Hurdle Cleared; Zcash (ZEC) to Grab 10% of Bitcoin Price, Predicts BitMEX Founder; Dogecoin (DOGE) Ends $0 ETF Streak Amid May 2026 Altseason - Morning Crypto Report
XRP targets $2 and Zcash surges 40% as Dogecoin ETFs break their $0 streak amid a mini altseason, while Morgan Stanley ignites a pricing war ahead of the May 8 NFP macro shock.
Zcash (ZEC) Up 69% in Last 7 Days: Analyzing Explosive Growth
Zcash is beating every other cryptocurrency out there since appetite for privacy surge.
MicroStrategy Bitcoin Whale Earnings: Will Sales Answer Key BTC Strategy Questions?
MicroStrategy : Will Sales Answer Key BTC Strategy Questions? Bitcoin holders watch closely when big players like MicroStrategy report earnings. As the top corporate Bitcoin whale, MicroStrategy’s moves can shake the crypto market. In their latest first-quarter results, founder Michael […] The post MicroStrategy Bitcoin Whale Earnings: Will Sales Answer Key BTC Strategy Questions? appeared first on Blockmanity.
Gh0st Privacy Protocol Goes Live on BNB Chain, Breaks Wallet-to-Trade Links
Privacy trading infrastructure Gh0st has officially launched on BNB Chain, deploying a multi-wallet orchestration system that severs the onchain link between a user’s primary address and their actual trade execution. Key Takeaways: Gh0st has launched on BNB Chain, routing trades through dozens of wallets to mask user addresses. BNB Chain’s 2026 roadmap targets native privacy […]
Bitwise CIO Matt Hougan: Big Tech Stablecoin Adoption Could Unlock $4 Trillion Supply by 2030
TLDR: Bitwise CIO Matt Hougan says stablecoin supply could grow from $300 billion to $4 trillion by 2030. DoorDash is testing stablecoin payouts for 10 million Dashers across more than 40 countries via Stripe. Hougan argues simplicity, not cost savings, is the real driver behind big tech’s stablecoin adoption push. Visa’s stablecoin pilot hit a [...] The post Bitwise CIO Matt Hougan: Big Tech Stablecoin Adoption Could Unlock $4 Trillion Supply by 2030 appeared first on Blockonomi.
Morgan Stanley debuts ultra-cheap crypto trading to challenge Coinbase and Robinhood
Morgan Stanley's move into low-cost crypto trading could accelerate the integration of traditional finance with digital assets, reshaping market dynamics. The post Morgan Stanley debuts ultra-cheap crypto trading to challenge Coinbase and Robinhood appeared first on Crypto Briefing.
Lufthansa (LHAG) Stock Surges 8% After Airline Beats Q1 Loss Estimates
Lufthansa (LHAG) stock rose 8% after Q1 loss of €612M beat forecasts. The airline maintained 2026 profit outlook despite €1.7B fuel cost increase. The post Lufthansa (LHAG) Stock Surges 8% After Airline Beats Q1 Loss Estimates appeared first on Blockonomi.
Apple plans AI model selection feature for iPhone, Mac users
Apple is preparing to let users choose from third-party artificial intelligence models for features tied to text and image generation across its upcoming software releases. According to recent reports, the feature is expected to arrive with iOS 27, iPadOS 27,…
Bitcoin can crash to $50K if 'most critical' bear market test fails: Analysis
Bitcoin price analysis saw $84,000 as bulls' "most critical" reclaim target as the risk of new $50,000 lows returned to the radar.
CME Group to launch regulated Bitcoin volatility futures
CME to launch CFTC‑regulated Bitcoin Volatility futures in June, giving institutions an onshore way to trade implied BTC volatility.
Coinbase faces lawsuit over frozen funds from $55M crypto theft
The plaintiff says Coinbase froze traceable assets from a 2024 DAI phishing theft but refused to return them without a court order.
Bitcoin short-term holder cost basis eyes $92K as next price target
Bitcoin’s onchain data suggests that the upside may not be over for BTC price, but resistance at $84,000 could delay the recovery.
Bitwise: Corporations to Propel Stablecoins to $4 Trillion Market Cap
Matt Hougan, the Chief Investment Officer at Bitwise, identified corporate partnerships with crypto projects as the primary catalyst for the proliferation of stablecoins. He believes that initiatives by DoorDash and Meta could elevate the sector's market capitalization to trillions of dollars. DoorDash, in collaboration with Stripe, will implement stablecoin payments for couriers in 40 countries. Meta will launch a similar pilot project for content creators in Colombia and the Philippines through the Polygon and Solana networks. Hougan noted that for industry giants, low fees are not the only concern. The main advantage is the simplification of payment logistics: a single crypto wallet replaces dozens of banking systems and currencies, saving company resources. Stablecoins are the most efficient bridge into the industry, according to the top executive. Once a user sets up a wallet to receive payments, Bitcoin and DeFi protocols become accessible with a single click. At the time of writing, the sector's market capitalization exceeds $317 billion. Analysts forecast growth to $4 trillion by 2030. Source: CoinGecko. Hougan is confident that technology companies with millions of freelance employees will accelerate this process and cement cryptocurrency in the global financial system. Earlier, on May 4, Western Union issued its own stablecoin, USDPT, on the Solana blockchain. On May 5, State Street and Galaxy launched a tool for 24/7 liquidity management using stablecoins.
Zcash Price Surges Above $585 for the First Time Since November
The price of the privacy-focused coin Zcash (ZEC) has surpassed the $585 mark for the first time since November 2025. Since the beginning of May, the asset has appreciated by more than 70%. At the time of writing, the token is trading around $577, marking a 36.6% increase over the past 24 hours. Hourly chart of ZEC/USDT on Binance. Source: TradingView. ZEC's market capitalization has neared $10 billion, bringing the asset back into the top 15 largest cryptocurrencies. Source: CoinMarketCap. Multicoin's Accumulation A key trigger for the rally was a comment from Multicoin Capital co-founder Tushar Jain. He revealed that since February, the company has built a "significant position" in ZEC, viewing Zcash as a "bet on the return of the crypto market to cypherpunk ideals." 1/ Multicoin has built a significant position in $ZEC since February.Zcash is a return to the cypherpunk ideals crypto was founded on.— Tushar Jain (@tushar_jain) May 5, 2026 According to Jain, the growing political debates around capital control, wealth taxation, and private asset seizure are driving demand for tools that combine censorship resistance with financial privacy. "Bitcoin is censorship-resistant, but this does not prevent the state from confiscating publicly known reserves through taxes or other mechanisms. Truly private and seizure-resistant assets are becoming increasingly sought after, and ZEC is the purest public way to express this bet," he wrote. However, Jain did not disclose the exact amount invested in Zcash. The statement marked a shift in Multicoin's position, which in 2019 described privacy as "a feature of valuable cryptocurrencies, not a standalone product." At that time, the company argued that users did not need to sell Bitcoin or Ethereum for ZEC. Additional Factors Driving ZEC Upward An additional positive factor was the listing of Zcash on the Robinhood platform at the end of April. The token was made available for spot trading, expanding access for retail investors. In the cryptocurrency network, there is also a continued structural growth in the supply of coins on fully private addresses (shielded supply). Over the past 12 months, the volume of ZEC in the Orchard pool has risen from 1.92 million to 4.55 million. Nearly 30% of the circulating supply is now held in shielded wallets—a historical high. Source: ZecHub. The narrative received an additional boost from a forecast by BitMEX co-founder Arthur Hayes. In the long term, he envisions ZEC reaching 10% of Bitcoin's value. Remember the $ZEC target is 10% of $BTC's price. We got a lot of pamping to go. pic.twitter.com/t0NXK72aok— Arthur Hayes (@CryptoHayes) May 6, 2026 Back in January, the entire Zcash development team left Electric Coin Company. In February, the team announced the creation of a new entity called Zcash Open Development Lab and the renaming of the flagship wallet Zashi to Zodl.
Oscar Health (OSCR) Stock Soars 11% on Record-Breaking Quarterly Earnings
Oscar Health (OSCR) stock rallied 11% after delivering record $679M profit, $2.07 EPS (vs $1.06 estimate), and 57% membership growth year-over-year. The post Oscar Health (OSCR) Stock Soars 11% on Record-Breaking Quarterly Earnings appeared first on Blockonomi.
IREN (IREN) Stock Soars 11% Following Mirantis Acquisition Announcement
IREN stock rose 10.6% after unveiling a $625M all-stock Mirantis acquisition and energizing Sweetwater 1 facility. Analysis of the deal and risks ahead. The post IREN (IREN) Stock Soars 11% Following Mirantis Acquisition Announcement appeared first on Blockonomi.
Zcash (ZEC) Explodes 40% Daily: What Drives the Pump and What’s Next?
Can ZEC surpass $1,000 sometime this year?
South Korea’s First Bank-Led Crypto Picks A Quantum Security Partner — Here’s Why It Matters
BTQ Technologies has been selected as the core security infrastructure provider for South Korea’s first bank-led Korean Won stablecoin proof-of-concept, deploying its Quantum Secure Stablecoin Network on the Kaia mainnet — a development that positions post-quantum cryptography at the foundation of one of Asia’s most closely watched crypto initiatives. Related Reading: Ripple CEO Says XRP […]
Pre-ETF Era Bitcoin Whales Surface To Cash In On $80,000 Rally
On-chain data shows Bitcoin long-term holders who purchased ahead of the ETF launch have returned to harvest profits in the latest price rally. 2-3 Years Old Bitcoin Holders Have Ramped Up Profit-Taking In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Realized Profit of the 2 […]
Zelenskyy accuses Russia of rejecting Ukraine ceasefire proposal amid attacks
The ongoing conflict and rejection of ceasefire proposals suggest prolonged instability, impacting diplomatic efforts and market confidence. The post Zelenskyy accuses Russia of rejecting Ukraine ceasefire proposal amid attacks appeared first on Crypto Briefing.
Bitcoin eyes $83K as Trump pauses Strait of Hormuz military operation, Iran signals cooperation
Bitcoin's surge amid geopolitical de-escalation highlights its role as a risk asset, yet macroeconomic uncertainties may temper sustained growth. The post Bitcoin eyes $83K as Trump pauses Strait of Hormuz military operation, Iran signals cooperation appeared first on Crypto Briefing.
Strategy Opens Door to Bold Bitcoin Sales Pivot Unlocking $2.2 Billion Tax Benefit
Bitcoin Magazine Strategy Opens Door to Bold Bitcoin Sales Pivot Unlocking $2.2 Billion Tax Benefit Strategy just opened the door to tactical Bitcoin sales in a major treasury pivot. Executives signaled they will consider selling BTC to optimize capital allocation, fund dividends, and boost Bitcoin per share, while remaining a net accumulator long-term. This post Strategy Opens Door to Bold Bitcoin Sales Pivot Unlocking $2.2 Billion Tax Benefit first appeared on Bitcoin Magazine and is written by Nick Ward.
The Metrics That Separate a Legitimate Crypto Casino From the Rest
In December 2024, Curaçao abolished the licensing system that had governed most of the world’s crypto casinos for over a decade. The old model let four master license holders issue access to hundreds of sub-operators with minimal direct oversight. Under the replacement framework, the National Ordinance on Games of Chance (LOK), every operator had to [...] The post The Metrics That Separate a Legitimate Crypto Casino From the Rest appeared first on Blockonomi.
CVS Health (CVS) Stock Surges Nearly 5% on Strong Earnings Beat and Raised Outlook
CVS Health (CVS) stock jumped 4.9% after beating Q1 estimates with $2.57 EPS and $100.4B revenue, while raising full-year guidance on improved margins. The post CVS Health (CVS) Stock Surges Nearly 5% on Strong Earnings Beat and Raised Outlook appeared first on Blockonomi.
Bitcoin Shoots Past $82K, Fuels Altseason Speculation
Altcoin trading volume on Binance has risen from 31% to 49% of combined BTC and ETH volumes over the past two months.
Alphabet and Meta stock predictions show strong support amid cloud growth
Cloud growth boosts investor confidence in Alphabet and Meta, potentially reshaping tech market dynamics amid regulatory and geopolitical factors. The post Alphabet and Meta stock predictions show strong support amid cloud growth appeared first on Crypto Briefing.
Circle mints $750M USDC on Solana amid US-Iran ceasefire
Circle's minting on Solana amid geopolitical easing highlights potential for increased liquidity and institutional interest, despite market skepticism. The post Circle mints $750M USDC on Solana amid US-Iran ceasefire appeared first on Crypto Briefing.
Robert Kiyosaki says Bitcoin and Ether may outlast old retirement plans
Robert Kiyosaki warns of a boomer retirement crisis, naming Bitcoin and Ether as fallback assets while critics question his forecasts.
Bitcoin Surges Past $81K as AMD and Super Micro Computer Earnings Ignite Nasdaq Record Highs
Bitcoin Surges Past $81K as and Earnings Ignite Nasdaq Record Highs Bitcoin has smashed through the $81,000 mark during Asian trading on Tuesday. This jump marks a solid 6.7% gain for the week, based on CoinDesk data. The crypto king […] The post Bitcoin Surges Past $81K as AMD and Super Micro Computer Earnings Ignite Nasdaq Record Highs appeared first on Blockmanity.
Uber (UBER) Stock Climbs Nearly 9% on Impressive Q1 Results and Upbeat Forecast
Uber (UBER) stock surges 8.7% after beating Q1 earnings estimates with $0.72 EPS and $53.7B in gross bookings. Q2 outlook tops expectations. The post Uber (UBER) Stock Climbs Nearly 9% on Impressive Q1 Results and Upbeat Forecast appeared first on Blockonomi.
Israel orders evacuations in Lebanon amid military escalation
The escalation risks further regional instability, impacting geopolitical dynamics and market expectations on military and airspace actions. The post Israel orders evacuations in Lebanon amid military escalation appeared first on Crypto Briefing.
Bitcoin surges past $82K amid easing US-Iran tensions
Bitcoin's surge highlights its evolving role as a safe haven asset, reflecting broader market confidence amid geopolitical de-escalation. The post Bitcoin surges past $82K amid easing US-Iran tensions appeared first on Crypto Briefing.
Lily Liu Unveils Solana’s Role in Powering the AI Machine Economy with Next-Gen Payment Rails
Imagine a world where AI agents buy, sell, and trade on their own, without humans in the loop. This isn’t science fiction—it’s the future of the AI machine economy, and Solana is building the payment rails to make it real. […] The post Lily Liu Unveils Solana’s Role in Powering the AI Machine Economy with Next-Gen Payment Rails appeared first on Blockmanity.
Pro-Kremlin lawyer criticizes Putin, highlighting rift in Russian power circles
Growing dissent within Russia's power circles may weaken Putin's authority, impacting political stability and market perceptions. The post Pro-Kremlin lawyer criticizes Putin, highlighting rift in Russian power circles appeared first on Crypto Briefing.
Samsung hits $1T market cap amid AI chip demand, challenges Nvidia
Samsung's market cap surge highlights shifting semiconductor dynamics, potentially challenging Nvidia's dominance and impacting global tech alliances. The post Samsung hits $1T market cap amid AI chip demand, challenges Nvidia appeared first on Crypto Briefing.
Bitwise CIO says Big Tech could push stablecoin market to $4T
Large technology firms have begun testing stablecoin-based payouts, with Bitwise’s Matt Hougan saying the early pilots could support growth toward a $4 trillion market by 2030 from roughly $300 billion today. According to Hougan, chief investment officer at Bitwise Asset…
US adopts pre-verification AI policy amid China competition
The U.S. pre-verification AI policy may reshape global AI market dynamics, influencing compliance and access amid U.S.-China competition. The post US adopts pre-verification AI policy amid China competition appeared first on Crypto Briefing.
China urges reopening of Strait of Hormuz amid US-Iran tensions
China's mediation efforts could stabilize oil markets and shipping routes, but the fragile ceasefire and geopolitical complexities pose risks. The post China urges reopening of Strait of Hormuz amid US-Iran tensions appeared first on Crypto Briefing.
OKX Card data shows crypto is paying for everyday life in Europe
OKX Card data shows most crypto spending in Europe is on groceries and dining, signaling growing everyday use over luxury purchases.
Bitcoin ETFs add nearly $1B as BTC surges past $80K in multi-day rally
US spot Bitcoin ETFs posted $999 million in inflows over two trading days as Bitcoin moved back above $80,000.
World’s first live map of token concentration: InsightX launches Atlas Live
A new era of on-chain trading transparency. Atlas Live enables traders to analyze token concentration and spot potential rug pulls. Now in real time.
Can Upbit listing keep Dogwifhat’s WIF rally alive?
Upbit listed Dogwifhat on KRW, BTC and USDT markets, pushing WIF higher as traders watch Solana memecoin demand in South Korea.