Applied Materials (AMAT) Stock Drops After Crushing Q2 Earnings and Raising Q3 Forecast
Applied Materials (AMAT) exceeded Q2 forecasts with $2.86 EPS and guided Q3 revenue to $8.95B, yet stock dropped in premarket despite the strong performance. The post Applied Materials (AMAT) Stock Drops After Crushing Q2 Earnings and Raising Q3 Forecast appeared first on Blockonomi.
Ripple's 'North Star' XRP Teases $1.50 Breakout as US ETFs Lock Record 1.34% of Supply
A historic XRP supply squeeze is taking shape as U.S. spot ETFs lock away 1.34% of all tokens while whales control nearly 70% of the circulating supply.
Bitcoin’s Short-Term Whales Face Third Cost Basis Test: Will $80K Hold This Time?
TLDR: Bitcoin is testing the short-term whale cost basis near $80K for the third consecutive time since October. The prior two tests in October 2025 and January 2026 both ended in aggressive whale capitulation and selling. Short-term whales react to momentum, not conviction, making them more likely to sell during periods of weakness. Holding above [...] The post Bitcoin’s Short-Term Whales Face Third Cost Basis Test: Will $80K Hold This Time? appeared first on Blockonomi.
Vitalik Buterin Moves $113K ETH via Privacy Pools
TLDR Vitalik Buterin transferred 50.25 ETH worth about $113,000 through Privacy Pools on the Ethereum mainnet. The transfer followed the March 31, 2025, mainnet launch of Privacy Pools by 0xbow.io. Privacy Pools uses zero-knowledge proofs to verify withdrawals from approved association sets. The protocol limits initial deposits to 1 ETH per address to manage compliance [...] The post Vitalik Buterin Moves $113K ETH via Privacy Pools appeared first on Blockonomi.
Bill Ackman’s Pershing Square Snaps Up Microsoft (MSFT) Stock Following 15% Decline
Bill Ackman's Pershing Square discloses new Microsoft (MSFT) position, calling it 'highly compelling' after the stock fell 15% in 2026 amid AI competition fears. The post Bill Ackman’s Pershing Square Snaps Up Microsoft (MSFT) Stock Following 15% Decline appeared first on Blockonomi.
822K Downloads at Risk: Malicious node-ipc Versions Spotted Stealing AWS and Private Keys
Three malicious versions of node-ipc, a foundational Node.js library used across Web3 build pipelines, were confirmed compromised on May 14, with security firm Slowmist warning that crypto developers relying on the package face immediate credential theft risk. Developer Secrets at Stake Blockchain security firm Slowmist flagged the attack via its Misteye threat intelligence system, identifying […]
Hyperbridge launches $50K bug bounty after bridge exploit
Hyperbridge launched a HackenProof bug bounty with rewards up to $50K after its April exploit exposed cross-chain proof risks in DeFi
Cardano Founder Says ‘Leios Is Coming’ As Proposal Heads To DReps
Cardano founder Charles Hoskinson signaled renewed momentum behind Leios, the network’s next major consensus upgrade, as Input Output moved a ₳27.7 million funding proposal toward DRep approval. The proposal seeks to mature Leios from an early public testnet prototype into a mainnet-ready release candidate, positioning the upgrade as a central piece of Cardano’s 2030 scaling […]
OpenAI sued over ChatGPT’s alleged role in teen’s fatal overdose
The lawsuit could set a precedent for AI liability, impacting regulatory frameworks and increasing compliance costs for AI and crypto projects. The post OpenAI sued over ChatGPT’s alleged role in teen’s fatal overdose appeared first on Crypto Briefing.
1 Billion Users: Coinbase CEO Armstrong Makes Known Ultimate Goal for Major US Crypto Exchange
Coinbase turns 14 as CEO Brian Armstrong reveals the master plan to onboard 1 billion users, pivoting to AI payments and Hyperliquid infrastructure.
XRP Burn Rate Surges 36% as Price Breaks Key Resistance
XRP saw a rapid spike in its burn activity after its price went parabolic with an increase of over 11% within 24 hours. This shows that its network activity is growing.
Thorchain Exploited? Trading Paused Amid Risk of Enormous Attack
THORChain paused trading after a suspected exploit reportedly drained more than $10 million across multiple blockchains.
Crude Oil Surges 8% as Hormuz Strait Crisis Deepens and Diplomacy Falters
Oil prices surged 8% this week as the Strait of Hormuz crisis continues, Trump warned Iran of action, and the Trump-Xi summit produced no major deals. The post Crude Oil Surges 8% as Hormuz Strait Crisis Deepens and Diplomacy Falters appeared first on Blockonomi.
Solana Eyes $98 Breakout as Corporate Holders Weather Unrealized Losses
TLDR: Solana has been trading in a defined channel since February, with $78 as floor and $98 as ceiling. A daily close above $98 could push SOL toward $107, with a secondary target sitting at $117. Forward Industries posted a $283M net loss in Q2, mostly from unrealized SOL price declines. Revenue for Forward Industries [...] The post Solana Eyes $98 Breakout as Corporate Holders Weather Unrealized Losses appeared first on Blockonomi.
Cardano Sets Governance Vote on Quantum Security Plan
TLDR Charles Hoskinson confirmed that Cardano is preparing a strategy to address future quantum computing risks. He said the network is currently voting on a dedicated quantum governance plan. Hoskinson stated that a research proposal focused on quantum resistance will be released next week. He explained that the initiative involves multiple partners and advanced technical [...] The post Cardano Sets Governance Vote on Quantum Security Plan appeared first on Blockonomi.
Bermuda moves payment services onchain via Stellar network
Bermuda's onchain transition could set a precedent for digital economies, influencing global regulatory approaches to blockchain integration. The post Bermuda moves payment services onchain via Stellar network appeared first on Crypto Briefing.
OKX reportedly eyes Coinone stake in South Korea push
OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access.
Why is Hyperliquid's HYPE token price up 23% in a day?
Fresh U.S. ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback.
Senator Elizabeth Warren Is Furious About Crypto Clarity Acts, Calls for Complete Turnaround
As bipartisan support for crypto regulation grows, Senator Elizabeth Warren warns the Clarity Act could endanger the economy, critics argue the real risk is continued regulatory chaos.
Poland Approves MiCA Law While Zondacrypto Probe Grows
TLDR Polish lawmakers approved a bill to implement the European Union’s MiCA crypto framework before the July deadline. Prosecutors are investigating Zondacrypto over alleged fraud after thousands of users reported losing access to funds. Authorities estimate customer losses exceed 350 million zlotys, or about $95.93 million. President Karol Nawrocki had previously vetoed earlier versions of [...] The post Poland Approves MiCA Law While Zondacrypto Probe Grows appeared first on Blockonomi.
IREN secures $3B as Microsoft and Nvidia AI deals reshape growth
IREN closed a $3B convertible notes offering as the Bitcoin miner turned AI cloud firm funds growth after Nvidia and Microsoft deals.
Will Bitcoin price break $100K as golden cross looms?
Bitcoin price continued consolidating above the key $80,000 psychological support level this week as improving institutional sentiment and strengthening technical structure fueled speculation that bulls may soon attempt a breakout toward the long-awaited $100,000 mark. According to data from crypto.news,…
NASDAQ 100 extends losses with 2.1% drop as inflation fears rattle tech stocks
Tech stock declines amid inflation fears could trigger broader market volatility, impacting both traditional equities and digital assets. The post NASDAQ 100 extends losses with 2.1% drop as inflation fears rattle tech stocks appeared first on Crypto Briefing.
Iran’s Kharg Island oil shipments halt for first time since war began
The halt in Iran's oil exports could exacerbate global energy supply issues, impacting economic stability and influencing risk asset markets. The post Iran’s Kharg Island oil shipments halt for first time since war began appeared first on Crypto Briefing.
US rejects Iran’s 14-point proposal amid Strait of Hormuz tensions
Increased tensions may hinder short-term stability in the Strait of Hormuz, impacting global markets and geopolitical dynamics. The post US rejects Iran’s 14-point proposal amid Strait of Hormuz tensions appeared first on Crypto Briefing.
Dune Restructures, Cutting Workforce by 25%
The analytics service Dune has announced a restructuring, resulting in a 25% reduction of its workforce. The company's head, Fredrik Haga, explained the decision as a need to focus on key products. We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if you’re…— hagaetc (@hagaetc) May 14, 2026 According to him, the platform will focus on two areas: the integration of AI and working with institutional clients. Dune has introduced Dune MCP, a tool for creating dashboards and configuring workflows without SQL knowledge or data infrastructure skills. The company also plans to develop services for traditional financial organizations. Dune anticipates a mass transition of stocks, bonds, and commodities to blockchain and is investing in data quality and personalized service for large clients. Haga emphasized that the company retains sufficient capital and continues to work on the accessibility of on-chain data, despite the layoffs. The project has previously weathered several downturns in the crypto market. Coinbase and fintech company Block have also announced layoffs due to AI integration. The DL News magazine, founded by the DefiLlama team, will close at the end of May. In February, OpenAI CEO Sam Altman stated that some companies use artificial intelligence as a pretext for layoffs. In April, the Snap team announced the replacement of 1,000 employees with neural networks to save $500 million.
ZachXBT Confirms THORChain Drained for $10.7M Across Bitcoin, Ethereum, BSC, and Base
TLDR: Blockchain investigator ZachXBT confirmed THORChain losses exceeded $10.7M across four networks. The exploit targeted Bitcoin, Ethereum, BSC, and Base chains within the same attack window. THORChain triggered a global emergency halt and paused all trading following the community alert. Three theft wallet addresses were publicly identified, with Arkham Intelligence supporting the findings. Blockchain investigator [...] The post ZachXBT Confirms THORChain Drained for $10.7M Across Bitcoin, Ethereum, BSC, and Base appeared first on Blockonomi.
ZachXBT warns THORChain losses may top $10M after halt
ZachXBT says THORChain may have lost over $10M in a multi-chain exploit as the network halts trading and RUNE drops after alert.
THORChain Hack Triggers 15% Slide in RUNE Price
TLDR RUNE dropped about 15% after reports linked a new security breach to THORChain. On-chain investigator ZachXBT disclosed the suspected hack on Telegram. The attack reportedly drained around $10.8 million across four blockchains. THORChain paused trading and signing operations after the breach surfaced. Arkham data shows the attacker holds ETH, BTC, and BNB in identified [...] The post THORChain Hack Triggers 15% Slide in RUNE Price appeared first on Blockonomi.
Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether
TLDR: Terrorism victims filed a Manhattan court motion targeting 344 million USDT frozen in IRGC-linked wallets. Plaintiffs cite past FBI seizure cases where Tether burned and reissued USDT to law enforcement wallets. Creditors seek to enforce $2.42 billion in compensatory and punitive terrorism judgments against Iran. Jurisdiction over Tether rests on its New York-based reserves [...] The post Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether appeared first on Blockonomi.
Anthropic Secures $30B at $900B Valuation, Overtaking OpenAI in Historic Deal
Anthropic closes $30B funding round at $900B valuation, surpassing OpenAI. Revenue surges fivefold to $45B in six months. Here's the full story. The post Anthropic Secures $30B at $900B Valuation, Overtaking OpenAI in Historic Deal appeared first on Blockonomi.
Gold Extends Decline to Fourth Session as Inflation Data Strengthens Dollar
Gold declined 3.4% this week as US inflation data boosted the dollar and rate hike expectations. Silver plunged 7%. ANZ delays $6,000 gold forecast to 2027. The post Gold Extends Decline to Fourth Session as Inflation Data Strengthens Dollar appeared first on Blockonomi.
ChangeNOW Review: Behind the Scenes of the Fastest Crypto Exchange in 2026
The cryptocurrency scene has quickly grown from an abstract concept of digital money to a trillion-dollar ecosystem that is a necessary component of daily living. The challenge now is not how to purchase cryptocurrency, but rather how to do so safely and cost effectively. In this review, we will examine the fundamentals of the non-custodial [...] The post ChangeNOW Review: Behind the Scenes of the Fastest Crypto Exchange in 2026 appeared first on Blockonomi.
Tether faces court push to hand frozen Iran-linked USDT to victims
Iran attack victims ask a US court to order Tether to turn over $344M in frozen USDT tied to IRGC wallets and unpaid judgments.
Saylor’s Infinite Money Glitch? STRC Preferred Stock Smashes $1.53B Volume Record
Michael Saylor’s Strategy reported an all-time high trading volume of $1.53 billion for its STRC preferred stock, with the instrument closing at its $100 par value and logging just two cents of price movement. The Record and What It Means STRC, Strategy’s variable rate perpetual preferred stock, hit $1.53 billion in daily volume with Saylor […]
Binance CMO Rachel Conlan to depart on June 15 amid marketing reassessment
Binance's marketing shift reflects a broader industry trend towards cost-effective strategies, emphasizing product-led growth over high-profile campaigns. The post Binance CMO Rachel Conlan to depart on June 15 amid marketing reassessment appeared first on Crypto Briefing.
Sam Altman testifies he was uncomfortable with Elon Musk’s demand for total control over OpenAI
Altman's testimony highlights the tension between collaborative AI development and individual control, impacting future AI governance debates. The post Sam Altman testifies he was uncomfortable with Elon Musk’s demand for total control over OpenAI appeared first on Crypto Briefing.
THORChain loses $11 million in suspected exploit as RUNE tumbles 13%
The repeated security breaches could undermine trust in decentralized protocols, potentially impacting user adoption and market stability. The post THORChain loses $11 million in suspected exploit as RUNE tumbles 13% appeared first on Crypto Briefing.
Israel escalates military actions in Lebanon, dims diplomatic meeting prospects
Increased military actions by Israel in Lebanon may hinder diplomatic efforts and heighten regional tensions, impacting future peace prospects. The post Israel escalates military actions in Lebanon, dims diplomatic meeting prospects appeared first on Crypto Briefing.
Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi
TLDR: Babylon Bitcoin staking protocol reached $4 billion in TVL just one year after its official launch. Bitcoin stays locked on its native UTXO chain, keeping assets verifiable without bridging or wrapping. On-chain ZK verification costs dropped from $15,000 to $10–$20, making Bitcoin DeFi far more practical. Babylon plans to integrate with Aave V4, allowing [...] The post Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi appeared first on Blockonomi.
US Dollar Climbs to Four-Week Peak as Federal Reserve Rate Hike Odds Jump to 65%
The US dollar jumped over 1% this week to monthly highs as Fed rate hike odds surged to 65%. Iran tensions and strong data drove the greenback's rally. The post US Dollar Climbs to Four-Week Peak as Federal Reserve Rate Hike Odds Jump to 65% appeared first on Blockonomi.
Samsung Electronics (005930.KS) Stock Plummets 9% Ahead of Major Union Strike
Samsung Electronics (005930.KS) stock plunged 9% after its largest union confirmed an 18-day strike from May 21, risking up to $20.8B in profit losses. The post Samsung Electronics (005930.KS) Stock Plummets 9% Ahead of Major Union Strike appeared first on Blockonomi.
Micron (MU) Stock Eyes $1,000 Target Amid AI Memory Surge
Micron (MU) stock approaches $800 with $1,000 targets. Q2 revenue up 196% YoY, HBM sold out through 2026. Explore strategies to capitalize on the rally. The post Micron (MU) Stock Eyes $1,000 Target Amid AI Memory Surge appeared first on Blockonomi.
Crypto Price Analysis May-15: ETH, XRP, ADA, BNB, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum has been hovering just below the $2,400 resistance for over four weeks. With bulls unable to break this level, the price has entered a correction. At the time of this post, ETH is found at around $2,270 and […]
Kevin Warsh confirmed as new Fed Chair, succeeding Jerome Powell
Warsh's leadership may reshape U.S. monetary policy, impacting economic strategies and market expectations amid political dynamics. The post Kevin Warsh confirmed as new Fed Chair, succeeding Jerome Powell appeared first on Crypto Briefing.
Hana Financial to acquire 6.55% stake in Upbit operator Dunamu for $668M
The purchase makes Hana Financial the fourth-largest shareholder in Dunamu, following several crypto-related deals in the last two months, as it dives deeper into the digital assets sector.
Corning (GLW) Stock: Senior Executive Offloads $2M Stake Amid Valuation Debate
Corning (GLW) SVP sells $2M in shares as the stock trades at 99x earnings. Insiders have sold 45 times with zero purchases over the past year. The post Corning (GLW) Stock: Senior Executive Offloads $2M Stake Amid Valuation Debate appeared first on Blockonomi.
BNB Chain Maps Out Post-Quantum Cryptography Migration Path for BNB Smart Chain
TLDR: BSC transaction signatures shift from ECDSA to ML-DSA-44, growing from 65 bytes to 2,420 bytes per transaction. pqSTARK aggregation compresses six validator signatures into 340 bytes, achieving a near 43:1 compression ratio. Native transfer throughput drops by 40% and gas throughput falls 50% due to larger post-quantum block sizes. Median finality holds steady at [...] The post BNB Chain Maps Out Post-Quantum Cryptography Migration Path for BNB Smart Chain appeared first on Blockonomi.
European Central Bank rate hikes increasingly likely due to Iran war, says Nagel
Rising ECB rates amid geopolitical tensions could trigger inflation control challenges, impacting eurozone growth and financial market stability. The post European Central Bank rate hikes increasingly likely due to Iran war, says Nagel appeared first on Crypto Briefing.
Trump discusses AI security with Xi Jinping during first US state visit to China since 2017
AI security talks between Trump and Xi highlight the urgent need for international cooperation to manage technological risks and economic tensions. The post Trump discusses AI security with Xi Jinping during first US state visit to China since 2017 appeared first on Crypto Briefing.
Shiba Inu Supply Reduction Momentum Returns With Burn Rate Surging 1,034%
Shiba Inu supply reduction momentum returns with burn rate surging 1034%.
Bitcoin Bear Market Would Be Record Shallow If $60,000 Was The Low: Glassnode
Glassnode has pointed out how this Bitcoin bear market has so far seen a peak Unrealized Loss significantly lower than previous cycles. Bitcoin Relative Unrealized Loss Has Dropped To Just 8% In its latest report, on-chain analytics firm Glassnode has discussed the latest trend in the Relative Unrealized Loss of Bitcoin. This indicator keeps track […]
RUNE Plunges by 15% as THORChain Falls Victim to New Hack: ZachXBT
RUNE just plumeted by around 15% in minutes.
Alphabet (GOOGL) Stock Slides After Historic $3.6B Yen Bond Offering
Alphabet (GOOGL) shares dropped 1.75% after issuing a record $3.6B yen bond to support its $180-$190B AI capital spending plans for 2025 and beyond. The post Alphabet (GOOGL) Stock Slides After Historic $3.6B Yen Bond Offering appeared first on Blockonomi.
OKX targets 20% stake in South Korea’s Coinone
OKX has moved closer to securing a major foothold in South Korea after entering talks to acquire a substantial stake in local crypto exchange Coinone alongside Korea Investment & Securities. According to Yonhap News Agency, OKX and Korea Investment &…
HYPE Jumps 17% After Hyperliquid Grants Coinbase Rights to USDH Assets
HYPE, reached a yearly high of $46.93, soaring 17% in 24 hours following news that Coinbase will stake HYPE to activate AQAv2. The Shift to USDC Integration HYPE, the utility token of the decentralized exchange and layer 1 protocol Hyperliquid, surged to $46.93 on Friday, its highest point this year. The rally followed an announcement […]
Romanian PM Bolojan ousted after no-confidence vote, coalition talks underway
Romania's political instability highlights the rising influence of far-right parties in Europe, potentially reshaping future governance. The post Romanian PM Bolojan ousted after no-confidence vote, coalition talks underway appeared first on Crypto Briefing.
Ethereum (ETH) Falls Behind Bitcoin (BTC) as JPMorgan Casts Doubt on Network Revival
JPMorgan questions whether Ethereum upgrades can close the gap with Bitcoin, pointing to weak DeFi demand, limited network growth, and lagging institutional flows. The post Ethereum (ETH) Falls Behind Bitcoin (BTC) as JPMorgan Casts Doubt on Network Revival appeared first on Blockonomi.
ARK Invest Offloads TSMC (TSM) at Peak, Snaps Up Cerebras After Stellar Market Debut
ARK Invest sold $16.6M in TSMC stock at record highs and purchased $4.85M of Cerebras Systems shares following its explosive IPO on May 14, 2026. The post ARK Invest Offloads TSMC (TSM) at Peak, Snaps Up Cerebras After Stellar Market Debut appeared first on Blockonomi.
Pi Network Drops New Update That ‘Changes the Equation for Creators’: Details
Here's what the massive 60 million Pi user base needs to know.
Hana Bank Acquires $670 Million Stake in Dunamu, Becomes Upbit’s Fourth-Largest Shareholder
TLDR: Hana Bank filed to acquire 2.28 million Dunamu shares for 1.003 trillion won, closing on June 15, 2026. The deal marks the largest-ever investment by a Korean bank into a digital asset company to date. Upbit holds over 80% of South Korea’s crypto trading volume and ranks third globally on CoinMarketCap. Korea’s Digital Asset [...] The post Hana Bank Acquires $670 Million Stake in Dunamu, Becomes Upbit’s Fourth-Largest Shareholder appeared first on Blockonomi.
Advanced Micro Devices (AMD) Stock Surges Toward 52-Week Peak Following Stellar Q1 Results
AMD stock nears 52-week highs after crushing Q1 estimates with $1.37 EPS and $10.25B revenue. Analysts raise targets to $515 on strong data center growth. The post Advanced Micro Devices (AMD) Stock Surges Toward 52-Week Peak Following Stellar Q1 Results appeared first on Blockonomi.
Copper nears record high as supply crunch outweighs recession fears
Copper's surge highlights persistent supply-side inflation pressures, influencing central bank policies and impacting risk asset markets. The post Copper nears record high as supply crunch outweighs recession fears appeared first on Crypto Briefing.
OpenAI CEO Sam Altman’s investments face GOP scrutiny ahead of IPO
Increased scrutiny on Altman's investments could delay OpenAI's IPO, highlighting the need for transparent governance and conflict resolution. The post OpenAI CEO Sam Altman’s investments face GOP scrutiny ahead of IPO appeared first on Crypto Briefing.
B2C2 wins MiCA approval to offer crypto trading across Europe
B2C2 has secured a Crypto-Asset Service Provider license in Luxembourg, allowing the digital asset liquidity firm to expand regulated crypto trading services across the European Union under the bloc’s MiCA framework. According to a statement released by B2C2 on Friday,…
Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill
Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The committee still voted 15-9 to advance the bill to the full Senate floor. Warren’s 44 Amendments and Three Core Objections Warren arrived at the May […]
Trump’s Portfolio Pivot: Nvidia (NVDA) and Chip Stocks Replace Big Tech Holdings
Trump's Q1 2026 ethics filing reveals he sold Amazon, Meta, and Microsoft stakes while buying into Nvidia, Broadcom, and other chip stocks worth $1M-$5M each. The post Trump’s Portfolio Pivot: Nvidia (NVDA) and Chip Stocks Replace Big Tech Holdings appeared first on Blockonomi.
Microsoft (MSFT) Stock Surges to $575 Target as Wedbush Applauds OpenAI Partnership Overhaul
Wedbush raises Microsoft (MSFT) to $575 after OpenAI deal restructure caps payments at $38B and accelerates $6B cash flow, citing Azure growth potential. The post Microsoft (MSFT) Stock Surges to $575 Target as Wedbush Applauds OpenAI Partnership Overhaul appeared first on Blockonomi.
Applied Materials (AMAT) Stock Drops After Crushing Q2 Earnings and Raising Q3 Forecast
Applied Materials (AMAT) exceeded Q2 forecasts with $2.86 EPS and guided Q3 revenue to $8.95B, yet stock dropped in premarket despite the strong performance. The post Applied Materials (AMAT) Stock Drops After Crushing Q2 Earnings and Raising Q3 Forecast appeared first on Blockonomi.
Bitget’s OpenAI-linked token sale tops $100M before deadline
Bitget says OpenAI-linked preOPAI commitments topped $100M as its IPO Prime sale neared the May 15 deadline, despite equity risks.
Senate Banking Committee votes on Clarity Act, favoring Bitcoin and Coinbase staking
The Clarity Act could reshape the digital asset landscape, impacting traditional banks and crypto platforms by redefining yield regulations. The post Senate Banking Committee votes on Clarity Act, favoring Bitcoin and Coinbase staking appeared first on Crypto Briefing.
JPMorgan Predicts Ethereum Will Lag Behind Bitcoin
The market's rise following the recent escalation of conflict in the Middle East has not altered the overall trend: Bitcoin continues to outpace Ethereum and other altcoins. This conclusion was reached by analysts at JPMorgan, reports The Block. According to the bank, digital gold is recovering more swiftly—both in the spot ETF segment and in the futures market. Institutional investors are more actively returning to the leading cryptocurrency: inflows into Bitcoin funds have compensated for two-thirds of the recent outflows, whereas Ethereum ETFs have only managed a third. Open positions on the CME for Bitcoin have returned to peak levels, while interest in Ether remains low. Experts doubt that the hard forks Glamsterdam and Hegota planned for this year will rectify the situation. Previous network updates over the past three years have not resulted in a noticeable increase in activity—on the contrary, they have reduced transaction costs in L2 solutions, which decreased the volume of burned fees and increased the supply of coins. This has exerted additional pressure on Ether's price. Analysts attribute the weakness in the altcoin market since 2023 to three factors: low liquidity and insufficient market depth; stagnation in the decentralized finance sector; regular hacks and security issues. These factors have undermined investor confidence and are restraining the influx of new capital into the alternative cryptocurrency ecosystem. The situation is unlikely to change without a sharp increase in activity in real-sector applications and DeFi, JPMorgan concluded. Back in May 11, digital gold prices tested $82,000, yet traders continued to exercise caution.
TSMC (TSM) Divests $850M Stake in Vanguard International Semiconductor
TSMC (TSM) is selling 152M VIS shares worth $850M, reducing its stake to 19% while preserving operational ties. Stock rises on strategic refocusing news. The post TSMC (TSM) Divests $850M Stake in Vanguard International Semiconductor appeared first on Blockonomi.
Cerebras Systems (CBRS) Stock Soars 68% in Market Debut as AI Chip Wars Heat Up
Cerebras Systems (CBRS) stock jumped 68% in its Nasdaq debut, closing at $311.07 after raising $6.4B in 2026's biggest IPO with backing from Amazon and OpenAI. The post Cerebras Systems (CBRS) Stock Soars 68% in Market Debut as AI Chip Wars Heat Up appeared first on Blockonomi.
Stellantis (STLA) Stock: Dongfeng Partnership Fuels Peugeot and Jeep EV Expansion
Stellantis (STLA) stock edges lower as the automaker announces a $1B partnership with Dongfeng to produce electric Peugeot and Jeep vehicles in China by 2027. The post Stellantis (STLA) Stock: Dongfeng Partnership Fuels Peugeot and Jeep EV Expansion appeared first on Blockonomi.
Cisco (CSCO) Stock Soars 13.5% as Analyst Sets $150 Price Target on AI Momentum
Cisco (CSCO) stock soared 13.5% after beating Q3 estimates and raising AI order outlook to $9B. Analyst sets Street-high $150 price target. The post Cisco (CSCO) Stock Soars 13.5% as Analyst Sets $150 Price Target on AI Momentum appeared first on Blockonomi.
Ripple veteran reveals hidden XRPL tool blocking big money control
David Schwartz explained how XRPL’s Negative UNL helps the network handle validator outages without silencing smaller participants.
OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region
Global crypto exchange OKX is in discussions to acquire approximately a 20% stake in Coinone, one of South Korea’s five licensed crypto exchanges, according to a May 15 report by Yonhap News Agency — a move that would mark OKX’s most significant strategic foothold in one of Asia’s most active digital asset markets. Related Reading: […]
Bank Of England To Ease ‘Overly Conservative’ Stablecoin Rules After Industry Backlash – Report
The Bank of England (BoE) is set to water down its planned stablecoin rules and is exploring alternative solutions to mitigate potential risks, following pressure from the local crypto industry and multiple lawmakers about the proposed restrictions. Related Reading: Brokerage Giant Charles Schwab Rolls Out Spot Crypto Trading To Retail Investors BoE Calls Stablecoin Plans […]
Ripple CTO Emeritus Details Hidden Tech Keeping XRP Safe From Big Money
A hidden XRPL mechanism revealed by Ripple CTO Emeritus David Schwartz may be the key reason large corporations cannot quietly take control of the XRP network.
BitGo wins Moon deal to scale Bitcoin card products in Asia
BitGo will support Moon’s Bitcoin card products in Asia, starting with prepaid gift cards in Hong Kong stores and online this month in 2026.
CFTC approves capital comparability order for nonbank swap dealers in EU
The CFTC's decision fosters regulatory alignment, reducing compliance burdens for French firms and potentially enhancing transatlantic market fluidity. The post CFTC approves capital comparability order for nonbank swap dealers in EU appeared first on Crypto Briefing.
Illicit Crypto Hits $75B On-Chain as Laundering Bottlenecks Grow, Binance Research Reveals
TLDR: Illicit crypto transactions remain below 1% of total on-chain volume, per Binance Research 2025 data. On-chain illicit funds rose 28% to over $75B in 2025, reflecting laundering failures, not successes. Top crypto mixers process just $10M daily, making $1B in stolen funds take 100+ days to obscure. Over 80% of illicit funds moved to [...] The post Illicit Crypto Hits $75B On-Chain as Laundering Bottlenecks Grow, Binance Research Reveals appeared first on Blockonomi.
Apple (AAPL) Stock Dips as OpenAI Considers Legal Action Over ChatGPT Partnership
Apple (AAPL) stock dropped 1.2% as OpenAI considers legal action over the ChatGPT-Siri deal that failed to meet revenue expectations. Details inside. The post Apple (AAPL) Stock Dips as OpenAI Considers Legal Action Over ChatGPT Partnership appeared first on Blockonomi.
Bit Digital posts $146.7m loss as company cuts bitcoin mining exposure
Bit Digital has reported lower first-quarter revenue and another steep quarterly loss as the Nasdaq-listed company continues redirecting capital from bitcoin mining into Ethereum staking and treasury operations. According to Bit Digital’s earnings report released Thursday, first-quarter revenue came in…
Federal Reserve bids $10B for 10-year notes, and crypto markets should pay attention
The Fed's bid for 10-year notes could shift capital flows, impacting borrowing costs and risk asset valuations, including cryptocurrencies. The post Federal Reserve bids $10B for 10-year notes, and crypto markets should pay attention appeared first on Crypto Briefing.
Altcoin Season 2026: Three Critical Indicators Signal Potential Market Shift
Altcoin market shows early signs of momentum with rising Binance volume, climbing AltSeason Index, and shifting ETF flows. Full season not yet confirmed. The post Altcoin Season 2026: Three Critical Indicators Signal Potential Market Shift appeared first on Blockonomi.
Australia’s CGT plan threatens crypto holders’ tax edge
Australia’s CGT plan may raise crypto tax bills from 2027, as experts warn it could weaken long-term holding and push traders to sell early.
Miner Weekly – The Great Bitcoin Mining Power Shift: Who Won Q1?
Public Bitcoin miners spent years racing to add more hashrate to the network. In the first quarter of 2026, many of them did the opposite. This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The original […]
Strive (ASST) Stock Surges 6% After Eliminating Debt and Introducing Daily Dividend Payments
Strive (ASST) stock jumped 5.8% after unveiling daily dividends on SATA preferred shares and achieving debt-free status with zero encumbered Bitcoin. The post Strive (ASST) Stock Surges 6% After Eliminating Debt and Introducing Daily Dividend Payments appeared first on Blockonomi.
Trump Family’s Q1 2026 Stock Portfolio Includes Coinbase (COIN), Strategy (MSTR), and MARA Holdings
Trump family Q1 2026 ethics filing shows purchases of Coinbase (COIN), Strategy (MSTR), and MARA Holdings shares among over 2,000 total transactions. The post Trump Family’s Q1 2026 Stock Portfolio Includes Coinbase (COIN), Strategy (MSTR), and MARA Holdings appeared first on Blockonomi.
EU in talks to join US-led alliance for tech supply chain security
The EU's move to join the US-led tech alliance signals a strategic shift towards stronger transatlantic ties, impacting global tech dynamics. The post EU in talks to join US-led alliance for tech supply chain security appeared first on Crypto Briefing.
Aave Unpauses rsETH Markets After Coordinated $292 Million Kelp DAO Recovery
TLDR: An attacker minted 116,500 unbacked rsETH tokens worth $292M by exploiting Kelp DAO’s LayerZero bridge in April. Aave paused rsETH markets on five networks to prevent further losses while the DeFi United coalition executed recovery. Over 117,000 rsETH tokens valued at $278M will refill recovery reserves in stages through the end of May 2025. [...] The post Aave Unpauses rsETH Markets After Coordinated $292 Million Kelp DAO Recovery appeared first on Blockonomi.
Australia’s proposed CGT changes could discourage long-term crypto holding
Robin Singh, CEO and founder of Koinly said the changes will hurt low-income crypto investors most and could encourage more short-term trading.
Signal hints it could leave Canada over lawful access bill
Signal's vice president of strategy said the firm “would rather pull out of the country” than comply with Bill C-22, which could threaten end-to-end encryption.
Spot Bitcoin ETFs See Huge Cash Inflows
Spot Bitcoin Exchange-Traded Funds (ETFs) have logged a significant resurgence of capital on Thursday.
Tezos Unveils Post-Quantum Privacy Solution Amid Growing Industry Debate
Tezos debuts TzEL, a quantum-resistant privacy system, while co-founder Arthur Breitman warns the crypto sector is downplaying quantum computing risks. The post Tezos Unveils Post-Quantum Privacy Solution Amid Growing Industry Debate appeared first on Blockonomi.
Strategy’s STRC hits $1.53B volume amid fresh Bitcoin treasury push
Strategy has recorded a new trading volume high for its STRC perpetual preferred stock, adding fresh attention to the company’s use of structured equity products to finance Bitcoin purchases. According to a post from Michael Saylor, Strategy’s Variable Rate Series…
Hyperliquid (HYPE) Explodes by 20% in a Day but Red Flags Appear
The latest impressive price surge was likely driven by the Coinbase news, and perhaps due to the CLARITY Act progress.
Hyperliquid (HYPE) Soars 21% Following Nasdaq ETF Debut and Coinbase Partnership
Hyperliquid (HYPE) surges 21% to $46.64 after 21Shares ETF lists on Nasdaq and Coinbase becomes USDC treasury deployer. Full analysis and outlook. The post Hyperliquid (HYPE) Soars 21% Following Nasdaq ETF Debut and Coinbase Partnership appeared first on Blockonomi.
Bitcoin Reclaims $81,000 Briefly After Trump Wraps Beijing Summit With China Trade Extension
Bitcoin dipped to $79,200 during the Trump-Xi summit on Taiwan tensions and a scorching inflation print before recovering to reclaim $81,000 as U.S. President Donald Trump wrapped his Beijing visit. A Summit Between the World’s Two Largest Economies Trump arrived in Beijing accompanied by a delegation of U.S. executives, including Tesla’s Elon Musk, Apple’s Tim […]