Kraken buys Hong Kong stablecoin firm Reap for $600 million in Asia push
Kraken’s $600 million acquisition of Reap folds a Hong Kong stablecoin business‑payments specialist into its stack, with Payward issuing stock at a $20 billion valuation to anchor its IPO‑era M&A currency. Kraken’s parent company Payward Inc. has agreed to acquire…
XRP Price Trails as ONDO Gains 29% on Treasury News
TLDR Ondo Finance, Ripple, JPMorgan, and Mastercard completed a near real-time US Treasury redemption on the XRP Ledger. XRP price increased by 2.5% during the week following the announcement. ONDO surged 29% as traders reacted to the tokenized Treasury activity. The transaction settled in under five seconds across borders. Santiment reported that ONDO captured stronger [...] The post XRP Price Trails as ONDO Gains 29% on Treasury News appeared first on Blockonomi.
Binance Under Pressure: US Treasury Issues Ultimatum Over $1B Iran-Linked Flows
Binance has been under heightened scrutiny in recent months over allegations that it helped facilitate illicit crypto activity tied to Iran. The latest development is that the US Treasury Department has delivered a private ultimatum to the exchange. Binance Under The Spotlight Again According to The Information, the US Treasury sent a letter to Binance […]
Binance receives Treasury letter over potential sanctions violations tied to Iran
Binance faces renewed Treasury scrutiny over potential Iran linked sanctions violations as its US monitorship remains in focus. The post Binance receives Treasury letter over potential sanctions violations tied to Iran appeared first on Crypto Briefing.
Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling
Bitcoin hit resistance at $82,800, triggering a drop below $80,000, but a $1.105 billion weekly inflow into spot BTC ETFs could slow sellers.
Adam Back says bitcoin is beating DeFi
Blockstream CEO Adam Back told Consensus Miami 2026 that bitcoin is winning a security war against DeFi, and that pension funds and sovereign entities are the next buyers. Blockstream CEO Adam Back argued at Consensus Miami 2026 that Bitcoin’s comparatively…
Yoni Assia: Financial software complexity limits market access, younger generations demand user-friendly solutions, and the US is moving towards tokenizing capital markets | Raoul Pal
US moves to tokenize capital markets, signaling a major shift in financial regulation and accessibility. The post Yoni Assia: Financial software complexity limits market access, younger generations demand user-friendly solutions, and the US is moving towards tokenizing capital markets | Raoul Pal appeared first on Crypto Briefing.
Dmitry Shevelenko: Consumer AI usage has plateaued, revenue is a more reliable metric than user numbers, and the gap between AI capabilities and consumer behavior hinders growth | Big Technology
Perplexity's ARR surge highlights the gap between AI advancements and consumer adaptation in tech growth. The post Dmitry Shevelenko: Consumer AI usage has plateaued, revenue is a more reliable metric than user numbers, and the gap between AI capabilities and consumer behavior hinders growth | Big Technology appeared first on Crypto Briefing.
XRP vs Ethereum: Which Crypto Will Dominate the Next Bull Run?
XRP vs : Which Crypto Will Dominate the Next Bull Run? In the fast-paced world of cryptocurrencies, two giants stand out: and . Over the past year, they’ve taken very different paths. XRP dropped by about 35%, while Ethereum climbed […] The post XRP vs Ethereum: Which Crypto Will Dominate the Next Bull Run? appeared first on Blockmanity.
Ashley Moody defends Washington’s approach to crypto
Senator Ashley Moody took the Consensus Miami 2026 stage on Thursday to tell the crypto industry how she sees the relationship between Washington and digital assets. Senator Ashley Moody took the Consensus Miami 2026 stage on Thursday alongside Digital Chamber…
Blume rejects DeFi structures for crypto lending
Bitcoin lenders at Consensus Miami 2026 said crypto lending must look and feel more like traditional banking if it wants institutional capital to keep flowing in. Bitcoin lenders at Consensus Miami 2026 argued that the future of crypto lending does…
Strategy Right to Keep Bitcoin Sale Option Open: Analyst
A company that publicly commits to only ever accumulating BTC will give short sellers and arbitrageurs more angles to exploit.
Bitcoin Climbs Back To $82,800 Amidst Market Recovery – Here’s What Investors Are Up To
Bullish momentum is building around the crypto market, and Bitcoin, the leading digital asset, is steadily trending upwards, breaking past key resistance levels that previously capped its rally. Since BTC’s price found its footing again, positive sentiment has improved around the asset, with buying activity increasing significantly over the past few days. The Recent Bitcoin […]
CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report
Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed sections, stablecoin rewards, and ethics restrictions remain central issues. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee is reportedly moving closer to action on […]
Louis-Vincent Gave: Oil prices are high but not yet a crisis for equity markets, geopolitical tensions could push prices to $200, and countries must stockpile resources for economic independence | Macro Voices
Geopolitical tensions and strategic stockpiling are reshaping global oil markets and economic stability. The post Louis-Vincent Gave: Oil prices are high but not yet a crisis for equity markets, geopolitical tensions could push prices to $200, and countries must stockpile resources for economic independence | Macro Voices appeared first on Crypto Briefing.
Americans Overwhelmingly Support Major Crypto Bill, Poll Shows
A new national survey by polling firm HarrisX reveals that American voters across the political spectrum are demanding clear federal regulations for digital assets.
Bobby Lee: Bitcoin’s potential to reshape global finance, the importance of regulatory clarity for crypto, and why digital assets are the future of money | This Past Weekend
The post Bobby Lee: Bitcoin’s potential to reshape global finance, the importance of regulatory clarity for crypto, and why digital assets are the future of money | This Past Weekend appeared first on Crypto Briefing.
Trump Jr. defends World Liberty at Consensus
Donald Trump Jr. and Zach Witkoff took the main stage at Consensus Miami 2026 on Thursday to defend World Liberty Financial as the project fights a federal lawsuit from Justin Sun. Donald Trump Jr. and Zach Witkoff took the Consensus…
Eric Trump at Consensus 2026: Why Big Finance’s Crypto Shift is Just the Beginning
Eric Trump has hyped the future of the crypto market, stressing that cryptocurrency is being adopted by large Wall Street companies like Merrill Lynch, Charles Schwab, and JPMorgan. In parallel, Trump also stated that digital assets democratized finance for everyday people. Eric Trump Predicts Explosive Growth of the Crypto Market While the cryptocurrency industry has […]
AMD vs. Qualcomm (QCOM): Which Semiconductor Stock Wins the AI Battle in 2026?
AMD dominates data center AI while Qualcomm (QCOM) fights to diversify beyond smartphones. Compare their 2026 earnings and Wall Street targets. The post AMD vs. Qualcomm (QCOM): Which Semiconductor Stock Wins the AI Battle in 2026? appeared first on Blockonomi.
Himax Technologies (HIMX) Stock Surges 30% Following Strong Q1 Earnings Report
Himax (HIMX) stock surged 30% after Q1 2026 earnings topped estimates. Revenue hit $199M, beating forecasts despite 7.5% YoY decline. Analysts hold at $8. The post Himax Technologies (HIMX) Stock Surges 30% Following Strong Q1 Earnings Report appeared first on Blockonomi.
Eric Trump defends American Bitcoin’s record quarter loss
American Bitcoin posted an $81.8 million net loss in Q1 2026, even as the Trump-backed miner set a new quarterly production record of 817 BTC and cut its mining cost by 23%. American Bitcoin reported a net loss of $81.8…
BitMine may slow ETH buying pace as it nears 5% supply goal
BitMine may slow ETH purchases as Tom Lee says the firm could reach its 5% Ethereum supply goal within weeks. The post BitMine may slow ETH buying pace as it nears 5% supply goal appeared first on Crypto Briefing.
Michael Saylor says Strategy is turning Bitcoin into “digital credit” and “digital equity”
Michael Saylor says Strategy is “converting digital capital Bitcoin into digital credit (STRC) and digital equity (MSTR),” pitching a three‑layer capital stack with BTC as reserve asset, STRC as yield‑focused credit, and MSTR as the levered equity layer. Michael Saylor,…
Ripple, Mastercard, And JPMorgan Break Ground As XRP Drives Interbank Settlement Rails
Ripple and XRP moved further into institutional finance after Mastercard, Ondo Finance, and Kinexys by JPMorgan completed a major blockchain-based settlement pilot involving tokenized US Treasuries. Announced on May 6, 2026, the pilot transaction connected the XRP Ledger with traditional interbank payment rails, offering a clearer picture of how blockchain networks operate alongside global banking […]
Bitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs
Bitcoin reversed its weekly gains, dropping from a multi-month high of $82,833 to an intraday low of $79,500. The Iran Peace Deal Factor On May 7, bitcoin reversed course, dipping below $80,000 to effectively erase gains made since Monday. As shown by the daily chart, the top cryptocurrency—which reached a multi-month high of $82,833 some […]
Nvidia (NVDA) CEO Jensen Huang to Accompany Trump on High-Stakes China Summit
Nvidia (NVDA) stock climbed 2% as CEO Jensen Huang prepares to join Trump's China summit. Analysis of what the Beijing trip means for AI chip exports. The post Nvidia (NVDA) CEO Jensen Huang to Accompany Trump on High-Stakes China Summit appeared first on Blockonomi.
ARK Invest Shifts $32M Into Shopify (SHOP) While Continuing AMD (AMD) Exit
Cathie Wood's ARK purchased $32.6M in Shopify shares after record Q1 earnings while selling $15.6M of AMD. Details on the strategic portfolio shift. The post ARK Invest Shifts $32M Into Shopify (SHOP) While Continuing AMD (AMD) Exit appeared first on Blockonomi.
SoFi’s crypto relaunch earns $121m, keeps $852k
SoFi generated $121.6 million in crypto transaction revenue in Q1 2026, its first detailed public disclosure since the bank relaunched crypto trading, but $120.7 million of that went to costs. SoFi’s relaunched crypto unit generated $121.6 million in transaction revenue…
Senate Banking prepares CLARITY Act markup after months of delays
Senate Banking may notice a CLARITY Act markup as soon as tomorrow after months of delays over stablecoin rewards and draft text. The post Senate Banking prepares CLARITY Act markup after months of delays appeared first on Crypto Briefing.
Amprius (AMPX) Stock Plunges 27% Despite Q1 Revenue Surge of 153%
Amprius (AMPX) stock crashed 27% after hours despite Q1 revenue jumping 153% YoY to $28.5M. EPS miss of -$0.04 triggered the selloff. The post Amprius (AMPX) Stock Plunges 27% Despite Q1 Revenue Surge of 153% appeared first on Blockonomi.
Anthropic Partners With SpaceXAI for Massive GPU Access to Expand Claude Infrastructure
Anthropic partners with SpaceXAI for Colossus 1 supercomputer access, adding 220K+ Nvidia GPUs to double Claude limits as ARR reaches $44B. The post Anthropic Partners With SpaceXAI for Massive GPU Access to Expand Claude Infrastructure appeared first on Blockonomi.
Key Shiba Inu Metric Hits a New ATH, Yet SHIB’s Price Remains in Red Territory: Details
Shiba Inu's total holder base is inching toward 1.6 million.
Samson Mow defends Strategy selling portions of its Bitcoin treasury
The Bitcoin advocate spoke up after Michael Saylor signaled that the company might sell some BTC, a major departure from the Strategy founder's previous rhetoric.
Kalshi see valuation double to $22B after $1B raise as prediction markets boom
Fresh capital from top Wall Street and Silicon Valley firms signals increasing confidence in regulated event trading and retail prediction markets.
Core Scientific dumps bitcoin to fund AI shift
Core Scientific sold $208 million in bitcoin in Q1 2026 to fund its shift to AI data center operations, as colocation revenue surpassed mining for the first time. Core Scientific sold 2,385 bitcoin for $208.3 million in the first quarter…
Spartans Crypto Casino Is Paying $7 Million a Month To Players While Aptos Near $1 & ARB Down 95% From ATH
Crypto was supposed to create value. In April 2026, most of it is destroying it. Arbitrum, once the crown jewel of Ethereum’s Layer-2 ecosystem, is trading at $0.11, down 95% from its all-time high of $2.39. The network is growing. TVL crossed $20 billion. Stablecoin supply on Arbitrum hit $8 billion. The El Dorado partnership [...] The post Spartans Crypto Casino Is Paying $7 Million a Month To Players While Aptos Near $1 & ARB Down 95% From ATH appeared first on Blockonomi.
Bitcoin Holds Above $81,000: Kraken’s MoneyGram Deal Boosts Adoption, Tether Smashes $1B Q1 Profit
: Key Crypto Updates You Need to Know In the fast-moving world of cryptocurrency, despite being 35% below its all-time high of $126,000 from October 2025. This stability shows strong market confidence. At the same time, big news from and […] The post Bitcoin Holds Above $81,000: Kraken’s MoneyGram Deal Boosts Adoption, Tether Smashes $1B Q1 Profit appeared first on Blockmanity.
GameStop (GME) Stock Slides Following Ryan Cohen’s Audacious $56B eBay Takeover Bid
GameStop (GME) stock declined after CEO Ryan Cohen proposed a $56B acquisition of eBay, sparking concerns about financing and deal viability. The post GameStop (GME) Stock Slides Following Ryan Cohen’s Audacious $56B eBay Takeover Bid appeared first on Blockonomi.
Paul Tudor Jones: AI Rally Has 1-2 Years Left Before Major Correction
Paul Tudor Jones sees 1-2 years left in AI bull market, predicts 40% upside, and warns of sharp correction when market cap hits 300-350% of GDP. The post Paul Tudor Jones: AI Rally Has 1-2 Years Left Before Major Correction appeared first on Blockonomi.
Bitwise enters tokenized funds with planned takeover of Superstate’s $267M USCC fund
Bitwise will take over Superstates $267M crypto carry fund as tokenized investment products gain institutional traction. The post Bitwise enters tokenized funds with planned takeover of Superstate’s $267M USCC fund appeared first on Crypto Briefing.
Germany may end tax break on one-year crypto holdings
Germany's potential crypto tax reform could deter long-term investors, impacting its status as a crypto-friendly hub and affecting market dynamics. The post Germany may end tax break on one-year crypto holdings appeared first on Crypto Briefing.
Crypto Wallet Disaster: Woman Loses ₹20 Lakhs in Shocking Minutes-Long Hack
A Swift and Silent Theft: In the fast-paced world of cryptocurrency, fortunes can be made or lost in the blink of an eye. A recent incident in Bengaluru has left the crypto community stunned. A woman watched helplessly as vanished […] The post Crypto Wallet Disaster: Woman Loses ₹20 Lakhs in Shocking Minutes-Long Hack appeared first on Blockmanity.
Circle Brings Native USDC And CCTP To Injective As Cross-Chain DeFi Infrastructure Expands
The race to own the blockchain financial infrastructure is heating up with the launch of Circles USDC Stablecoin and Cross-Chain Transfer Protocol (CCTP) on Injective. This integration is a major step towards the ability to create cross-chain liquidity, DeFi for institutions and faster settlement of blockchains. CCTP and native USDC are officially live on Injective’s mainnet, giving developers, traders, and institutions in Injective access to the 2nd-largest regulated stablecoin in Injective’s high-throughput financial ecosystem as verified by Circle. This latest move expands Circle multi-chain footprint even more so now having USDC as sort of the settlement layer for a globe The post Circle Brings Native USDC And CCTP To Injective As Cross-Chain DeFi Infrastructure Expands appeared first on The Merkle News.
CrowdStrike (CRWD) Surges 6% Following Mobile App Release for Channel Partners
CrowdStrike (CRWD) stock soared 6% after unveiling Jet, a mobile app that streamlines partner deal registration to under 30 seconds and includes CrowdCard. The post CrowdStrike (CRWD) Surges 6% Following Mobile App Release for Channel Partners appeared first on Blockonomi.
Qualcomm (QCOM) Stock Soars 8% on OpenAI Partnership and Stellar Q2 Results
Qualcomm (QCOM) stock jumps 8% to $208.92 on OpenAI chip partnership, Q2 earnings beat, and automotive revenue milestone. Argus raises target to $220. The post Qualcomm (QCOM) Stock Soars 8% on OpenAI Partnership and Stellar Q2 Results appeared first on Blockonomi.
Coinbase Gives Amazon Bedrock Agents Wallet Tools With USDC Settlement
Coinbase added x402 and wallet infrastructure to Amazon Bedrock Agentcore Payments, expanding payment tools for AI agents. The integration supports governed micropayments and USDC settlement across Base and Solana. Coinbase Gives Amazon Bedrock Agents Wallet Capabilities Crypto exchange Coinbase (Nasdaq: COIN) announced on May 7, 2026, that Amazon Bedrock Agentcore Payments now integrates its x402 […]
Bitwise Launches $267M Tokenized Crypto Fund
Bitwise has launched the Bitwise Crypto Carry Fund (USCC), its first tokenized investment product for institutional investors that will enable them to earn yield from crypto markets through blockchain-based infrastructure in partnership with Superstate. That should be a significant step in the ongoing process of merging traditional finance with decentralized finance systems. According to Bitwise, as of April 30, 2026 the fund had approximately $267 million in assets under management and is one of the larger tokenized crypto asset investment products currently available on the market. One important distinguishing feature of this fund is that it has exposure to leading The post Bitwise Launches $267M Tokenized Crypto Fund appeared first on The Merkle News.
Bitwise enters tokenized funds via Superstate’s crypto carry vehicle
Bitwise plans to take over Superstate’s tokenized crypto carry fund as demand for actively managed onchain investment products continues to grow.
Crypto Polo Cup returns for its fourth edition in Palm Beach during Consensus Miami week
Hosted by Luna PR, the fourth edition of the Crypto Polo Cup (CPC) will take place on May 9, 2026, at the Santa Clara Polo Club, alongside Consensus Miami.
Tether Launches QVAC MedPsy to Blaze New Trails in Efficiency of Medical Reasoning
Tether is also branching out by announcing QVAC MedPsy, an open-source medical reasoning model aimed at edge and local deployment. The initiative represents a purposeful entrance into the fast-moving world of AI, where privacy, efficiency and availability come to be more beneficial than processing capability itself. QVAC MedPsy, stick to its vision of performing on consumer grade hardware unlike most AI systems that depend too heavily on the cloud infrastructures. Eliminating transmission of sensitive medical data to external servers minimizes privacy risks and provides the additional benefit of latency savings from this local-first approach. As world tensions rise around the The post Tether Launches QVAC MedPsy to Blaze New Trails in Efficiency of Medical Reasoning appeared first on The Merkle News.
Hedera Activity Grows & Zcash Rallies Past $420, But BlockDAG’s Casino & 246X ROI Are Pulling Bigger Crowds
The crypto market this May is full of mixed signals. The latest Hedera price prediction shows HBAR stuck below $0.10 despite huge enterprise wins, while the Zcash ZEC price is climbing fast as buyers rush into privacy coins. Both stories tell different sides of the same market, one about partnerships that fail to lift price, [...] The post Hedera Activity Grows & Zcash Rallies Past $420, But BlockDAG’s Casino & 246X ROI Are Pulling Bigger Crowds appeared first on Blockonomi.
How ether.fi Moved $220M to OP Mainnet Without Pausing a Single Card Payment
TLDR: ether.fi ran 70,000 active cards and 300,000 accounts uninterrupted during a full live chain migration. Separating card payment accounting from onchain settlement was the architectural decision that made zero downtime possible. Gnosis Safe’s deterministic deployment eliminated address reconciliation — a common blocker in cross-chain moves. Since closing the migration, TVL has surged from $220M [...] The post How ether.fi Moved $220M to OP Mainnet Without Pausing a Single Card Payment appeared first on Blockonomi.
Kraken buys Hong Kong stablecoin firm Reap for $600 million in Asia push
Kraken’s $600 million acquisition of Reap folds a Hong Kong stablecoin business‑payments specialist into its stack, with Payward issuing stock at a $20 billion valuation to anchor its IPO‑era M&A currency. Kraken’s parent company Payward Inc. has agreed to acquire…
Ethereum Price Analysis: Failure at $2.4K Spells More Trouble Ahead for ETH
Ethereum continues to trade within a broader consolidation structure as the market struggles to establish sustained bullish momentum. Nevertheless, weakening momentum indicators and growing signs of seller activity suggest that the market could be preparing for another corrective move in the short term. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH is […]
South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January
The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance official reportedly confirmed that the government intends to begin taxing virtual assets in January as originally scheduled, marking the first time the Ministry of Economy […]
XRP Utility Called Into Question by SWIFT Veteran
Former SWIFT Chief Innovation Officer Tom Zschach has poured cold water on Ripple's recent tokenization pilot with Wall Street giants.
Tether Launches Medical AI Models That Run on Phones and Beat Larger Systems
TLDR: Tether 1.7B model beat Google’s MedGemma-4B by 11+ points despite being less than half the size. The 4B model cuts token output by 3.2x, reducing compute costs and enabling faster on-device responses. QVAC MedPsy runs fully local in GGUF format, keeping sensitive patient data off remote cloud servers. Models were tested across eight benchmarks, [...] The post Tether Launches Medical AI Models That Run on Phones and Beat Larger Systems appeared first on Blockonomi.
Anthropic’s on-chain pre-IPO market value jumps to $1.2 trillion, overtakes OpenAI for the first time
Anthropic’s tokenized pre‑IPO shares now imply a $1.2T valuation—above OpenAI—showing how on‑chain markets are front‑running late‑stage AI pricing before any IPO. In February 2026, Anthropic closed a Series G round at a $380 billion post-money valuation, led by GIC and Coatue, already…
What The Aggressive Profit-Taking By Bitcoin Investors Means For The Price
Bitcoin crossed $80,000 for the first time in three months over the weekend, but it did not do so quietly. On-chain analytics firm Santiment recorded net realized profits of $207.56 million on Sunday, the highest single-day reading in a month, as holders who had accumulated Bitcoin at significantly lower prices moved their coins into a […]
BlackRock says Bitcoin and liquid alternatives gain appeal as 60/40 portfolio loses its edge
BlackRock says Bitcoin and gold can help diversify portfolios as stock and bond correlations weaken traditional allocation models. The post BlackRock says Bitcoin and liquid alternatives gain appeal as 60/40 portfolio loses its edge appeared first on Crypto Briefing.
‘Buy more Bitcoin than you sell’: Saylor reaffirms accumulation stance after floating possible sales
Saylor's strategy highlights the potential volatility and risk management challenges in leveraging Bitcoin for corporate financial obligations. The post ‘Buy more Bitcoin than you sell’: Saylor reaffirms accumulation stance after floating possible sales appeared first on Crypto Briefing.
Zoetis (ZTS) Stock Plummets 20% Following Disappointing Q1 Results and Guidance Cut
Zoetis (ZTS) plunged 20% Thursday after missing Q1 estimates and slashing guidance as pet owners reduce spending on veterinary care and premium products. The post Zoetis (ZTS) Stock Plummets 20% Following Disappointing Q1 Results and Guidance Cut appeared first on Blockonomi.
'Buy More Bitcoin Than You Sell': Michael Saylor Makes U-Turn Amid 22-Day Dry Spell
Michael Saylor pivots to a "Buy more than you sell" rule as a $12.5 billion loss and STRC's sub-$100 parity stall force a strategic U-turn on Bitcoin sales.
Micron (MU) Stock Surges to Record High on $740 Price Target from Mizuho
Micron (MU) stock reaches all-time high of $668 with Mizuho raising price target to $740. Analysts highlight 327% forward EPS growth potential. The post Micron (MU) Stock Surges to Record High on $740 Price Target from Mizuho appeared first on Blockonomi.
Arbitrum vote to release $71M in frozen Kelp exploit ETH set to pass
The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal.
Germany weighs 2027 crypto tax overhaul as one-year holding rule under threat
Germany may overhaul its crypto tax rules from 2027, potentially curbing the country’s hallmark one-year tax-free holding rule as it tightens enforcement and seeks extra revenue.
Panther Protocol deploys privacy infrastructure on Polygon
After years of research, engineering, and community collaboration, Panther Protocol Foundation announced that Panther Protocol is now live on Polygon.
Planet Fitness (PLNT) Shares Crater 33% Following Disappointing 2026 Forecast Revision
Planet Fitness (PLNT) shares plunged 33% after cutting 2026 earnings guidance and canceling Black Card price hikes despite strong Q1 results. The post Planet Fitness (PLNT) Shares Crater 33% Following Disappointing 2026 Forecast Revision appeared first on Blockonomi.
Kalshi Secures $1 Billion in Funding as Prediction Markets Explode on Wall Street
Kalshi raised $1B at $22B valuation with backing from Coatue, Sequoia, and a16z. Platform hit $178B annualized volume but faces state legal challenges. The post Kalshi Secures $1 Billion in Funding as Prediction Markets Explode on Wall Street appeared first on Blockonomi.
Berkshire Hathaway (BRK.B) Stock: New Insider Purchase Signals Confidence Despite Market Underperformance
Berkshire Hathaway (BRK.B) stock sees insider buying from new general counsel despite underperforming the S&P 500. Analysts maintain Hold rating. The post Berkshire Hathaway (BRK.B) Stock: New Insider Purchase Signals Confidence Despite Market Underperformance appeared first on Blockonomi.
Warren Buffett Indicator Hits 230%: Is the Famous Market Bubble Signal Broken?
TLDR: The Buffett Indicator hit 230%, its highest level ever, sparking widespread bubble concerns across markets. US firms now earn up to 67% of revenue abroad, but GDP only tracks domestic output, skewing the ratio. The Fed’s balance sheet surpassed $9 trillion through QE, inflating stock prices without lifting GDP equally. Since crossing 100% in [...] The post Warren Buffett Indicator Hits 230%: Is the Famous Market Bubble Signal Broken? appeared first on Blockonomi.
Bitcoin (BTC) Bottom Isn’t Confirmed Until This Key Level Breaks
Bitcoin remains below major realized price levels, where underwater holders may sell aggressively once it recovers closer to break-even.
Hashed Open Finance Launch Testnet of Maroo, First Sovereign L1 Blockchain for KRW Stablecoins and AI Agents
[PRESS RELEASE – SEOUL, South Korea, May 7th, 2026] Korea’s first won-denominated public blockchain goes live with built-in regulatory compliance and native AI agent identity, integrating with Model Context Protocol (MCP), Claude skills, Gemini CLI, and Cursor. The underlying technology already powers BDAN Pocket, a digital wallet used by 4 million citizens of Busan. Hashed […]
Genius Group closes $8M offering to buy stake in Bermuda digital bank
Genius Group raises $8M to invest in Bermuda's digital banking via a 9.9% stake in Jewel Financial, aiming at stablecoin banking growth. The post Genius Group closes $8M offering to buy stake in Bermuda digital bank appeared first on Crypto Briefing.
Pi Network consolidates around $0.18 as market weighs long-term narrative against near-term drift
Across major aggregators, Pi Network (PI) is quoted today at roughly $0.179 per PI, with 24‑hour trading volume near $28–35 million. One representative feed has PI at $0.1782 and down about 2–3% on the day, placing it in the mid‑cap range with…
Telegram Wallet Nears 1 Billion User Milestone After Major Integration With TON
Wallet in Telegram is set to achieve a major milestone in its user activity as its integration with TON spurs greater adoption across the space.
SoFi (SOFI) Stock Plummets 10% as Crypto Division Reveals Paper-Thin Profit Margins
SoFi (SOFI) stock declined 10% after Q1 earnings revealed its crypto unit generated only $852K in net revenue from $121.6M in transactions. The post SoFi (SOFI) Stock Plummets 10% as Crypto Division Reveals Paper-Thin Profit Margins appeared first on Blockonomi.
Best Platforms for Borrowing Against ETH in 2026
Ethereum holders often face the same dilemma during market cycles: they need liquidity, but selling ETH may trigger taxes, reduce long-term exposure, or force exits during unfavorable conditions. That demand has pushed ETH-backed loans and crypto credit lines into the mainstream. Instead of liquidating holdings, users can borrow stablecoins or fiat while keeping their Ethereum [...] The post Best Platforms for Borrowing Against ETH in 2026 appeared first on Blockonomi.
Papa John’s (PZZA) Stock Plummets Nearly 5% Following Disappointing Q1 Results
Papa John's (PZZA) stock dropped 4.7% after missing Q1 earnings estimates. Revenue declined 7.7% as inflation-weary consumers pulled back on spending. The post Papa John’s (PZZA) Stock Plummets Nearly 5% Following Disappointing Q1 Results appeared first on Blockonomi.
Rheinmetall (RHMG) Stock Dips 2% Despite Record €73 Billion Order Backlog
Rheinmetall (RHMG) shares dropped 2% after missing Q1 estimates with €1.94B revenue, but its record €73B backlog points to strong growth ahead. The post Rheinmetall (RHMG) Stock Dips 2% Despite Record €73 Billion Order Backlog appeared first on Blockonomi.
21shares Launches First US Canton Network ETF on Nasdaq
21shares launched the 21shares Canton Network ETF on Nasdaq, giving U.S. investors regulated exposure to Canton Coin through a traditional investment vehicle. The product marks the first U.S. ETF designed to provide direct access to the Canton Network ecosystem. 21shares Brings Canton Network Exposure to US ETF Investors 21shares announced on May 7 the launch […]
Gold Surges Past $4,700 as US-Iran Diplomatic Breakthrough Fuels Rally
Gold surges past $4,700 as US-Iran peace talks advance, oil prices decline, and dollar weakens, creating favorable conditions for precious metals rally. The post Gold Surges Past $4,700 as US-Iran Diplomatic Breakthrough Fuels Rally appeared first on Blockonomi.
Prediction Market Platform Kalshi Reaches $22B Valuation With $1B Fundraise
Kalshi raises $1B at $22B valuation as institutional trading surges 800%. Platform dominates US prediction markets amid rapid expansion. The post Prediction Market Platform Kalshi Reaches $22B Valuation With $1B Fundraise appeared first on Blockonomi.
Maersk (MAERSK) Stock Tumbles 7.5% Despite Beating Q1 Estimates Amid Iran Conflict Concerns
Maersk (MAERSK) stock plunged 7.5% despite beating Q1 forecasts as Iran war drives up costs while Asia-Europe freight rates collapse, threatening margins. The post Maersk (MAERSK) Stock Tumbles 7.5% Despite Beating Q1 Estimates Amid Iran Conflict Concerns appeared first on Blockonomi.
Gate rolls out localized fiat on-ramps in CIS, chasing ~$650M in daily volume
Gate has rolled out localized fiat on‑ramps for selected CIS countries, letting users fund Gate accounts in domestic currencies and move into mainstream crypto without cross‑border friction. Gate’s CIS-focused fiat channel allows users to fund their accounts in local currency…
Albemarle (ALB) Stock Surges 11% as Q1 Earnings Crush Expectations Amid Lithium Price Rebound
Albemarle (ALB) stock surges 11% after crushing Q1 earnings estimates with $2.95 EPS. Revenue climbs 33% as lithium prices rebound strongly. The post Albemarle (ALB) Stock Surges 11% as Q1 Earnings Crush Expectations Amid Lithium Price Rebound appeared first on Blockonomi.
Tether launches on-device medical AI that outperforms Google’s models in benchmark tests
Tether's AI models could revolutionize healthcare by enhancing data privacy, reducing costs, and enabling efficient on-device medical reasoning. The post Tether launches on-device medical AI that outperforms Google’s models in benchmark tests appeared first on Crypto Briefing.
XRP 'probably going to $12' as price holds historical bottom zone for months
XRP is retesting a key multi-year support zone that has historically preceded major rebounds, with analysts predicting a rally toward $12 if the level holds.
Polygon reduces block time to 1.75 seconds as payments push accelerates
Polygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications such as private stablecoin payments.
Kraken parent Payward to buy Reap in $600M stablecoin payments push
Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.
Datadog (DDOG) Stock Soars 28% After Crossing $1 Billion Revenue Milestone in Q1
Datadog (DDOG) stock surged 28% after Q1 revenue exceeded $1B, fueled by AI product expansion, robust cash generation, and upgraded full-year guidance. The post Datadog (DDOG) Stock Soars 28% After Crossing $1 Billion Revenue Milestone in Q1 appeared first on Blockonomi.
Shake Shack (SHAK) Stock Plunges Nearly 30% Following Disappointing First Quarter Results
Shake Shack (SHAK) shares collapsed nearly 30% after reporting Q1 2026 results that missed estimates, with negative operating margins and no guidance. The post Shake Shack (SHAK) Stock Plunges Nearly 30% Following Disappointing First Quarter Results appeared first on Blockonomi.
Bitwise Enters Tokenized Fund Market With $278M USCC Takeover
Bitwise is entering tokenized funds by taking over USCC, a $277.8 million crypto carry fund that will keep its ticker, smart contracts, and token address. The move gives Bitwise its first tokenized fund while Superstate continues supporting the onchain infrastructure. Bitwise Enters Tokenized Funds With USCC Management Shift Bitwise Asset Management announced May 7 that […]
Neither dead nor triumphant
The InfoFi segment saw a dizzying ascent, accusations of spam and a clampdown from social network X. Projects that promised to monetise information hit a crisis, and their tokens plunged. Yet the narrative of InfoFi’s “death” may be premature. ForkLog examines what actually happened to the segment and in what form it may return. From a niche idea to a standalone category InfoFi is an approach that turns information into a tradable financial asset. Blockchains ensure transparency of data provenance, and tokenisation gives it a market price. Unlike in traditional finance, where information merely informs decisions, here the signal itself becomes the asset: one can tokenise social engagement, analytical reports, prediction outcomes and even an author’s reputation. The logic is simple: crypto markets move on narratives, research and timing, but most of the revenue from these flows has traditionally accrued to platforms, insider chats, exchanges and big accounts with distribution. InfoFi was conceived as a mechanism for redistribution: the reward goes to those who generate useful signals, not those who simply own them. The Kaito team set out an even starker thesis: attention is a scarce resource that is currently allocated by opaque algorithms. Make it measurable and tradable, and capital will flow to quality content automatically. What the sector is made of In its mature form, InfoFi rests on several building blocks. First, tokenised data: engagement, authors’ reputations and the results of their forecasts are stored on-chain and can move across protocols. Second, prediction markets, which serve as pricing oracles for real-world events. Third, AI agents that aggregate disparate signals into structured indices. It is this “data + market + artificial intelligence” triad that sets InfoFi apart from classic social tokens and paywalled subscriptions. Information ceases to be a by-product and becomes a primary asset with an intelligible demand curve. Clash with X In January, X updated its rules and banned apps that pay users for posts, mentions or other activity on the platform. Kaito, Cookie DAO, Loudio and several other services building Post-to-Earn models on top of X were caught up in the change. The formal trigger was a post by X’s head of product, Nikita Bier. He argued that financial incentives for posting distort the feed and clog the platform with low-quality content. After his statement, the accounts of key InfoFi projects were restricted, and integrations via API were revoked. We are revising our developer API policies: We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform.We have revoked API access from these apps, so your X experience should…— Nikita Bier (@nikitabier) January 15, 2026 The community’s reaction was unexpectedly measured. Some authors accepted the criticism: gamifying attention did spawn a wave of templated threads and cookie-cutter “analysis” posts. Others noted that low-quality content pre-dates InfoFi — YouTube, TikTok and Instagram reached clickbait without any crypto incentives. Platforms design behaviour with reward economics and then feign surprise at the outcome. The upshot was that X closed a period when influence on the social network could be earned in a measurable and transparent — if imperfect — way. For InfoFi projects, it underlined a simple point: relying on a single centralised platform is a strategically fragile model. January’s token slump The consequences showed up in prices. In January, key sector tokens lost about 20% in short order. KAITO, COOKIE, DAO Maker and related assets fell in tandem as the market repriced the risks of dependence on X’s infrastructure. Analysts dubbed it a moment of innovate or die. Investors began to separate teams capable of building autonomous value around information curation from those whose product rested entirely on one social network’s API. Projects with diversified data sources — Farcaster, on-chain activity, prediction markets — suffered less. Notably, by spring KAITO had partly recovered and trades around $0.5, while DAO Maker posted weekly gains north of 35% at times. The sector was not “wiped out” — it went through a painful but predictable compression. Why talk of InfoFi’s demise is premature “InfoFi is dead” makes for a punchy line but a poor description of reality. The underlying problem remains: crypto still moves on narratives, and the value of information still accrues to platforms and insiders rather than to those who produce it. The idea is not changing — the implementation is. The first wave of InfoFi was experimental and often amounted to the “financialisation of tweets”. The second wave focuses on more fundamental tasks: source verification, on-chain reputation, AI-led data aggregation and integration with prediction markets. The hype recedes; the applied layer remains. Prediction markets are instructive. In early 2026, Polymarket, Kalshi and similar venues effectively turned into rapid financial data feeds — contract prices reflect events before traditional media can publish. Analysts describe this as forecasting platforms becoming a “truth machine” for macroeconomics, politics and corporate events. This is no longer about getting paid for posts, but about an infrastructure layer plugged into hedge funds, media and algorithmic traders. Formally, such venues are part of InfoFi, but their business model does not depend on X’s favour. Where the segment is heading InfoFi’s current state can be summed up in three processes. Decoupling from centralised social networks. Teams are migrating to Farcaster, Lens and their own on-chain infrastructure. Farcaster’s protocol model is a natural refuge — there is no single owner who can switch a project off with one post. A shift from quantity to quality. mindshare and Yap-to-Earn give way to systems where reputation accrues over years and is validated by forecasting results, not posting volume. AI agents help filter bots and templated content. Consolidation around a few working paths: prediction markets as a data source, on-chain analytics with tokenised reputation, and AI sentiment indices for DeFi strategies. The rest either integrates into these three or exits. What this means for participants For authors and analysts, InfoFi remains a way to monetise signals directly — but not through quick payouts for activity. Durable income now demands a verifiable track record. For investors, this is a high-dispersion sector: winners and losers are determined by a team’s ability to operate irrespective of any single platform’s policy. KAITO remains a benchmark, but no longer the only bet. For the industry, InfoFi has been a useful lesson in platform risk. A decentralised economy built atop a centralised API is, by definition, vulnerable — a conclusion that reaches well beyond information finance and applies to any Web3 product reliant on Web2 infrastructure. InfoFi has neither vanished nor triumphed. The sector has moved from loud experiments to slow engineering — and that is where its true shape is being forged.
Fastly (FSLY) Stock Plummets 37% Despite Beating Q1 Earnings Expectations
Fastly (FSLY) stock crashed 37% following Q1 results. While earnings beat estimates, AI-driven security revenue growth disappointed high expectations. The post Fastly (FSLY) Stock Plummets 37% Despite Beating Q1 Earnings Expectations appeared first on Blockonomi.
Coinbase and AWS bring USDC payments to enterprise AI agents
AWS incorporates Coinbase's x402, enabling crypto micropayments via AI on the Bedrock AgentCore, streamlining autonomous stability. The post Coinbase and AWS bring USDC payments to enterprise AI agents appeared first on Crypto Briefing.
BNY Mellon lifts Strategy stake to 1 million shares worth $187.2 million
BNY Mellon has increased its holdings in Strategy (MSTR) to 1 million shares worth about $187.2 million, deepening its use of the Bitcoin treasury company as a proxy for BTC exposure without holding coins directly. The Bank of New York…
Here’s How Ethereum’s Futures And Spot Market On Crypto Exchanges Are Performing
Ethereum has picked up pace following the broader market recovery, with its price surging above the $2,400 mark once again. However, a crucial divergence is developing in the Ethereum market as futures and spot activity on key cryptocurrency exchanges start to move in different directions. Ethereum’s Futures And Spot Markets Diverge CW, a data analyst […]
Rackspace Technology (RXT) Stock Rockets 75% on Strong Q1 Results and AMD AI Deal
Rackspace Technology (RXT) stock soared 75% after beating Q1 revenue estimates, posting positive net income, and announcing an AMD Enterprise AI partnership. The post Rackspace Technology (RXT) Stock Rockets 75% on Strong Q1 Results and AMD AI Deal appeared first on Blockonomi.
DraftKings And Bet365 Wrote The Online Gambling Playbook. ZunaBet Is Writing A New One.
Every industry has a playbook — the set of approaches that the dominant players established, that new entrants copied, and that became the standard against which everything was measured. Online gambling’s playbook was written primarily by two platforms. DraftKings wrote the chapter on how a US sports betting platform should operate — licensed state by [...] The post DraftKings And Bet365 Wrote The Online Gambling Playbook. ZunaBet Is Writing A New One. appeared first on Blockonomi.