Why crypto search interest hit a one-year low in 2026
Google Trends shows crypto search interest at one-year lows while Bitcoin trades near $70k. Inside the price-attention disconnect and what it actually means.
Super Micro Computer (SMCI) Stock Surges 5%+ Following Computex AI Platform Launches
SMCI stock jumped 5%+ after launching AMD Helios and Arm AGI CPU platforms at Computex 2026. Mizuho raised price target despite supply chain concerns. The post Super Micro Computer (SMCI) Stock Surges 5%+ Following Computex AI Platform Launches appeared first on Blockonomi.
Capital B proposes €5 billion stock issuance to fatten Bitcoin treasury
Capital B has sought shareholder approval to authorize up to €5 billion in new equity issuance and €116 billion in credit instruments as the French Bitcoin treasury company pushes for additional capital to expand its Bitcoin holdings. According to Alexandre…
Bitcoin Plummets Under $69,000: Peter Brandt Names Only Trigger That Changes Bearish Outlook
Veteran trader Peter Brandt sets a key threshold to reverse his bearish bias for Bitcoin as the flagship cryptocurrency dips below $69,000.
Anthropic Files Confidentially for IPO
On June 1, AI startup Anthropic confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a potential initial public offering of common stock. The company did not disclose the size or price range.
edgeX Team Attributes Token Plunge to External Interference
Representatives of the decentralized exchange edgeX attributed the approximately 67% drop in the native token EDGE's value to "deliberate actions by an external party." We all know edgeX supply was being controlled by a few insiders with a low float. If you care about transparency at all you will name the counterparties / MM agreements which lead to these events. pic.twitter.com/qn2LvNPg2H— ZachXBT (@zachxbt) June 2, 2026 However, on-chain detective ZachXBT questioned the project's explanation, pointing to potential insider manipulation. He urged the team to disclose details of agreements with market makers and counterparties whose actions might have triggered the dump. On June 2, edgeX recorded a "sudden and irregular" price movement of the asset and initiated an investigation. According to CoinGecko, the EDGE price plummeted from $1.21 to $0.4 within a day. At the time of writing, the token is valued at $0.6576. Hourly chart of EDGE/USDT on OKX exchange. Source: TradingView. Project representatives emphasized that the protocol was not hacked. They blamed external participants for the incident, describing it as a "market integrity" issue. We want to share an update on the irregular EDGE price movement and address any concerns about platform security directly.The edgeX protocol were not compromised in any way. This was not a hack, exploit, or security breach.What we have identified so far suggests deliberate… https://t.co/BV4rTz7aa8— edgeX🦭 (@edgeX_exchange) June 2, 2026 The team promised to publish a detailed report after completing work with exchanges to identify those responsible. Developers also clarified that the address of the perpetrator is an official smart contract of the spot platform used solely for user deposits and withdrawals. The address: 0x7f861a7db997b4f6e5ef9954a3b5d5b29c463cb2 (https://t.co/aj00QsSwyR) is an official edgeX spot smart contract address used solely for user deposits and withdrawals on edgeX protocol. https://t.co/BV4rTz7aa8— edgeX🦭 (@edgeX_exchange) June 2, 2026 ZachXBT criticized edgeX's stance. According to him, the EDGE supply was controlled by a narrow group of insiders with an extremely low token float. “We investigated ourselves and did not find ourselves guilty even though we control nearly the entire supply” pic.twitter.com/78l9tT01WT— ZachXBT (@zachxbt) June 2, 2026 “We investigated ourselves and did not find ourselves guilty even though we control nearly the entire supply,” the researcher commented sarcastically. The EDGE issuance is 1 billion tokens. Currently, 350 million coins (~35%) are in circulation. The distribution allocates 30% to early users, 25% to the core team, and 30% to the fund reserve. edgeX ranks 17th among DEXs by daily trading volume, with a TVL of $134.54 million. Source: DefiLlama. Back in May, the SUPERFORTUNE project team reported a security incident in which an attacker withdrew about $15 million.
Coinidol.com: Bitcoin Price Continues Its Slide
The price of Bitcoin (BTC) has remained above the $72,000 support level since May 28.
Georgia targets illegal crypto mining after Mestia power surge
Georgia will install meters in Mestia after officials said illegal crypto mining drove 2025 power use to 133M kWh and caused $9.4M losses.
Liquidations Surpass $1B as Bitcoin (BTC) Tanks Below $68K
Naturally, almost all wrecked positions were longs.
Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears
Bitcoin Magazine Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears Bitcoin price fell below $68,000 amid a mix of symbolic selling by Strategy, heavy ETF outflows, renewed Mt. Gox activity, and rising geopolitical tension tied to Iran–U.S. developments. This post Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Backpack Securities Introduces Tokenized Equities on Solana Blockchain
Backpack Securities launches tokenized stock platform on Solana, connecting traditional equity ownership with blockchain trading via Sunrise partnership. The post Backpack Securities Introduces Tokenized Equities on Solana Blockchain appeared first on Blockonomi.
HP (HPQ) Stock Surges to 52-Week Peak Following NVIDIA RTX Spark PC Debut
HP (HPQ) stock climbed 8.9% to a 52-week high of $29.55 after unveiling NVIDIA RTX Spark PCs and reporting Q2 EPS of $0.86, surpassing expectations. The post HP (HPQ) Stock Surges to 52-Week Peak Following NVIDIA RTX Spark PC Debut appeared first on Blockonomi.
Charles Schwab Targets 2027 Crypto Trading and Custody Launch for Financial Advisors
Charles Schwab is preparing to offer crypto spot trading and custody services to financial advisors by mid-2027. The move would give advisory clients a regulated way to buy, sell, and hold digital assets through one of the largest U.S. brokerage platforms. Charles Schwab Prepares Regulated Crypto Access for Advisory Clients Charles Schwab is laying the […]
Arm Holdings (ARM) Stock Soars 14% Following Nvidia’s Arm-Powered Chip Reveal at Computex
Arm (ARM) stock jumped 14% after Nvidia announced two Arm-based chips at Computex, expanding royalty revenue streams across PCs and data centers. The post Arm Holdings (ARM) Stock Soars 14% Following Nvidia’s Arm-Powered Chip Reveal at Computex appeared first on Blockonomi.
Victoria’s Secret (VSXY) Shares Skyrocket 40% Following Stellar Q1 Results
Victoria's Secret (VSXY) shares jumped 40% after Q1 earnings doubled estimates at $0.60. Revenue increased 15% and the company upgraded full-year guidance. The post Victoria’s Secret (VSXY) Shares Skyrocket 40% Following Stellar Q1 Results appeared first on Blockonomi.
Seagate (STX) Stock Surges to Record High on AI Boom and Legal Settlement
Seagate (STX) stock soared to $941, driven by NVIDIA's RTX Spark chip, a $175M settlement, and analyst price targets reaching $1,150. Up 683% annually. The post Seagate (STX) Stock Surges to Record High on AI Boom and Legal Settlement appeared first on Blockonomi.
Mastercard (MA) Stock Plunges to 52-Week Low Amid Executive Reshuffle
Mastercard (MA) stock fell to a 52-week low of $480.27 amid executive changes and FCA investigation, despite reporting strong Q1 results with revenue of $8.4B. The post Mastercard (MA) Stock Plunges to 52-Week Low Amid Executive Reshuffle appeared first on Blockonomi.
Cardano price breaks down from major support, can bulls defend $0.20?
Cardano price has broken below a major multi-year support level as governance disputes, weak network activity, and a deteriorating macro backdrop pushed ADA to its lowest levels in years. According to data from crypto.news, Cardano (ADA) price was trading near…
Why Bitcoin ETFs are seeing record outflows
Bitcoin ETFs posted a record 9-day outflow streak as $2.8B left and IBIT lost $2B. Here’s why it happened and what it means for BTC.
Solana Takes Aim At Hyperliquid With Push For Fully Onchain Perps
Solana Foundation is moving to back teams building fully onchain perpetual futures, setting up a clear challenge to the market structure that has powered Hyperliquid’s rapid rise. The initiative targets one of crypto’s most lucrative trading segments: perps, where volume still sits largely on centralized exchanges or hybrid venues. Solana Vs. Hyperliquid The Foundation framed […]
Abivax (ABVX) Stock Plunges 32% Despite Breakthrough Trial Results
Abivax (ABVX) stock crashed 32% despite best-in-class Phase 3 results as rare cancer cases in trial participants triggered safety concerns and downgrades. The post Abivax (ABVX) Stock Plunges 32% Despite Breakthrough Trial Results appeared first on Blockonomi.
Microchip Technology (MCHP) Soars 14% on Data Center Growth Forecast
Microchip Technology (MCHP) stock rallied 14.5% after revealing its data center unit revenue hit $302.7M in 2025 with 65% growth expected in 2026. The post Microchip Technology (MCHP) Soars 14% on Data Center Growth Forecast appeared first on Blockonomi.
HIVE Bitcoin holdings fall as revenue jumps to record $298M
HIVE reported $297.8M FY2026 revenue as Bitcoin holdings fell to 150 BTC and AI computing revenue nearly doubled to $19.5M.
NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It’s Not Abandoned
A bitcoin wallet, silent since March 27, 2011, moved 35.55 BTC worth approximately $2.54 million on June 2, 2026, not too long after being named as a defendant in a New York court case that claims nearly 3.8 million dormant bitcoins are legally abandoned property. The Move Noah Doe Likely Did Not Expect Galaxy Research […]
Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike
Rising interest rates could dampen investment in cryptocurrencies, impacting market stability and investor confidence. The post Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike appeared first on Crypto Briefing.
MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
Trader says XRP price setting ‘biggest bear trap’ after June monthly open
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
How high can NEAR price go in June?
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
Securitize Partners with TRON to Democratize Tokenized Private Credit Markets
Securitize launches Hamilton Lane's HLSCOPE private credit fund on TRON blockchain, marking its first tokenized asset on the network with 383M accounts. The post Securitize Partners with TRON to Democratize Tokenized Private Credit Markets appeared first on Blockonomi.
Gold Surges Past $4,528 Amid Mixed Signals on U.S.-Iran Peace Negotiations
Gold jumped to $4,528/oz on Tuesday as Trump suggested Iran deal possible 'within a week' while markets digest conflicting peace talk signals and falling oil. The post Gold Surges Past $4,528 Amid Mixed Signals on U.S.-Iran Peace Negotiations appeared first on Blockonomi.
Best Meme Coin to Buy 2026: Bitcoin Slides to $70,308 as $GRUNTLE Hits 85% of Round 7
U.S. spot Bitcoin ETFs shed $2.9 billion in capital outflows this week, triggering a market-wide correction that highlights the $GRUNTLE presale as a structured alternative for exhausted traders. As escalating geopolitical tensions push capital out of high-risk assets, the search for the best meme coin to buy 2026 shifts away from over-hyped tokens toward projects with clear mechanics [...] The post Best Meme Coin to Buy 2026: Bitcoin Slides to $70,308 as $GRUNTLE Hits 85% of Round 7 appeared first on Blockonomi.
Bitcoin (BTC) Plunges Below $69K: Here’s Why It Could Get Even Worse Soon
Numerous analysts believe that BTC has not yet reached its cycle bottom.
Sebastian Hassinger Predicts 50-Qubit Quantum Computers Within Five Years
Quantum computers with 50 logical qubits are expected to emerge within the next five years, according to Sebastian Hassinger, host of The New Quantum Era podcast and author of the book by the same name. He believes this will be a "point of no return," after which classical simulation methods will become ineffective. Hassinger shared this forecast during a special edition of the Quantum Computing Report in a conversation with Yuval Boger, Chief Commercial Officer of QuEra Computing. The expert, who spent about 10 years at IBM Quantum and AWS, focused on his own consulting project, The New Quantum Era, starting in early 2026. According to Hassinger's assessment, the technology development roadmap will be as follows: Short-term: Advantage of neutral atom systems; Medium-term: Dominance of superconducting qubits; Long-term: Emergence of spin and photonic solutions. Hassinger noted that platforms based on neutral atoms show excellent scaling and error correction (LDPC codes), but their "Achilles' heel" remains a lower operational clock speed compared to superconducting systems. Boger described his colleague's forecast as "conservative," recalling recent successes by Harvard and QuEra in demonstrating 48 logical qubits. He referred to the opinion of QuEra's CTO Vladan Vuletic, who extended his confidence horizon in the leadership of neutral atoms from five to 10 years. Boger also emphasized that thanks to new algorithms and memory efficiency (where the ratio of physical to logical qubits can reach nearly 2:1), the industry will not require millions of physical qubits to achieve practical supremacy. In May, Quantum Machines announced a median accuracy of 99.5% for two-qubit operations on Rigetti's commercial superconducting processor Novera. On June 1, D-Wave Quantum revealed plans to develop a fault-tolerant quantum computer with 100 logical qubits by 2032.
Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000
Bitcoin Magazine Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000 Mt. Gox moved 10,422 BTC worth $739 million ahead of its 2026 repayment deadline, triggering market jitters and contributing to Bitcoin’s drop below $69,000 despite no confirmed selling activity. This post Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Micron (MU) Stock Soars Above $1,000 Mark as Analyst Points to ‘Unprecedented’ AI-Driven Growth
Micron (MU) stock surges past $1,000 as Raymond James lifts price target to $1,100, citing AI-driven demand and historic memory market transformation. The post Micron (MU) Stock Soars Above $1,000 Mark as Analyst Points to ‘Unprecedented’ AI-Driven Growth appeared first on Blockonomi.
Cardano Lands Major Olympic Partnership in Brazil, What's Next?
New Olympic partnership could be a game-changer for Cardano.
SoFi (SOFI) Stock Gains as AI-Powered Financial Coach Debuts for Subscribers
SoFi (SOFI) stock climbed 1.98% following the launch of its AI financial coach for Plus subscribers, with early testing showing 70% user action rate. The post SoFi (SOFI) Stock Gains as AI-Powered Financial Coach Debuts for Subscribers appeared first on Blockonomi.
Bitcoin Bottom Nears as 40% of Supply Enters Loss
Bitcoin continues to move closer to a historic level that has served as a key indicator of market bottoms, as ongoing volatility pushes more of its supply into losses.
Polymarket Trader Loses $527K as Strategy’s First Bitcoin Sale Since 2022 Settles a Heated Bet
A trader on the decentralized prediction market Polymarket lost about $527,000 in a single day after Strategy disclosed its first bitcoin sale since 2022, per Lookonchain. A Bet Settled by an SEC Filing A Polymarket trader identified onchain as ‘willo2’ lost around $527,000 in a day after Strategy’s bitcoin sale was made public. The wager […]
Mt.Gox Transfers 10,422 BTC
On June 2, the bankrupt cryptocurrency exchange Mt.Gox moved 10,422.65 BTC, valued at approximately $739 million — marking the largest transfer in recent months. The structure of the transaction mirrors previous administrative transfers, which typically preceded the distribution of funds to creditors.
Strategy Bitcoin sale sparks Polymarket dispute over rules
Polymarket faces dispute after Strategy sold 32 BTC by May 31 but disclosed it June 1, dividing traders over when sales count in rules.
Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC
Bitcoin Magazine Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC Strive added 2,500 BTC for $185.2 million, boosting its holdings to 19,000 BTC and cementing its position among the largest public corporate Bitcoin holders. This post Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Quantum Cyber (QUCY) Stock Surges as Company Takes Control of Drone Production
Quantum Cyber (QUCY) stock surged after announcing plans to bring drone manufacturing in-house via a revised BP United deal, advancing defense strategy. The post Quantum Cyber (QUCY) Stock Surges as Company Takes Control of Drone Production appeared first on Blockonomi.
Stock Market Today: HPE Soars 27% While Alphabet Slides on Massive Capital Raise
HPE stock jumped 27% on strong earnings, Marvell rose 23% with new AI chip reveal, and Alphabet fell 2% after announcing $80B fundraise for AI expansion. The post Stock Market Today: HPE Soars 27% While Alphabet Slides on Massive Capital Raise appeared first on Blockonomi.
Impulse Space Secures $500M Series D: SpaceX Veteran’s Orbital Startup Hits $4.26B Valuation
Impulse Space, founded by SpaceX's first employee Tom Mueller, raises $500M at $4.26B valuation to expand its satellite positioning technology. The post Impulse Space Secures $500M Series D: SpaceX Veteran’s Orbital Startup Hits $4.26B Valuation appeared first on Blockonomi.
Alphabet (GOOGL) Unveils Massive $80B AI Funding Plan, Stock Futures Retreat
Alphabet plans $80B equity raise for AI infrastructure, pushing Dow futures down 0.4% following Monday's record highs. HPE rallies 20% on strong earnings. The post Alphabet (GOOGL) Unveils Massive $80B AI Funding Plan, Stock Futures Retreat appeared first on Blockonomi.
Solana’s $1B ETF paradox: Why the price keeps falling
Solana spot ETFs hold $1.06B in AUM. SOL is down 77% from ATH. Here's why institutional buying isn't moving the price, and what could change the dynamic.
Securitize Launches Private Credit Fund on TRON Blockchain
PRESS RELEASE. Miami, Florida – June 2, 2026 – Securitize, the leading platform for tokenizing real-world assets – and which has announced a proposed business combination with Cantor Equity Partners II (Nasdaq: CEPT)* — today announced that Hamilton Lane (Nasdaq: HLNE)’s tokenized Senior Credit Opportunities Fund (“HLSCOPE”) is now launching on the TRON blockchain, expanding […]
60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin
Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built natively on the Stellar blockchain and integrated directly into the Moneygram app for self-custodial wallet access. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready. Minting and burning run […]
Securitize debuts first onchain private credit fund on TRON
The launch signifies a shift towards a more integrated global financial system, enhancing access to private markets via blockchain technology. The post Securitize debuts first onchain private credit fund on TRON appeared first on Crypto Briefing.
Capital B seeks $122B funding mandate to buy more Bitcoin
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.
EdgeX blames ‘external party’ for token crash as ZachXBT alleges insider manipulation
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
Ripple 12-Year IPO Delay Threatens XRP; Shiba Inu (SHIB) Eyes Price Squeeze on Record Supply Drop; Stellar (XLM) and MoneyGram to Launch USD Stablecoin - Morning Crypto Report
SBI's 12-year Ripple IPO timeline fractures XRP sentiment, while MoneyGram challenges RLUSD with a Stellar stablecoin, and a record supply drop points to a SHIB price squeeze.
Meta Platforms (META) Dips Amid Bullish Analyst Calls: Why Wall Street Sees Major Gains Ahead
Meta (META) fell 1.6% to $622.58, but RBC's $810 target and Arete's upgrade to Buy at $735 signal confidence after Q1 earnings crushed expectations. The post Meta Platforms (META) Dips Amid Bullish Analyst Calls: Why Wall Street Sees Major Gains Ahead appeared first on Blockonomi.
Alibaba (BABA) Stock Jumps 6% on AI Model Launch and UEFA Partnership
Alibaba (BABA) stock rose 6% after unveiling Qwen3.7-Plus multimodal AI and securing a UEFA cloud partnership. Wall Street targets reach $188.76. The post Alibaba (BABA) Stock Jumps 6% on AI Model Launch and UEFA Partnership appeared first on Blockonomi.
POET Technologies (POET) Stock Soars 30% Following Major Lumilens AI Agreement
POET Technologies (POET) stock surged 30% on a $50M Lumilens AI contract and $400M capital raise. Company now holds $825M cash for 10x capacity expansion. The post POET Technologies (POET) Stock Soars 30% Following Major Lumilens AI Agreement appeared first on Blockonomi.
Kooc Media Rolls Out Dedicated Global PR Service Targeting AI Companies and Developers
Kooc Media, a PR distribution agency specialising in fast-moving tech sectors since 2017, has launched a new service aimed directly at artificial intelligence companies, AI developers, and technology startups building in the AI space. The service is built for AI businesses that need reliable, fast media coverage — without the guesswork that typically comes with [...] The post Kooc Media Rolls Out Dedicated Global PR Service Targeting AI Companies and Developers appeared first on Blockonomi.
Toncoin price stabilizes at $2 after Gram rebrand, is a rally to $3 next?
Toncoin price has stabilized near $2 after Pavel Durov’s Gram rebrand plan revived trader interest and helped the token defend a key support zone. According to data from crypto.news, Toncoin (TON) price traded around $2.03 at press time on Tuesday…
ampersend and TRM Labs launch real-time compliance screening for AI agents
The integration of real-time compliance screening in AI transactions enhances security, fostering broader enterprise adoption of autonomous commerce. The post ampersend and TRM Labs launch real-time compliance screening for AI agents appeared first on Crypto Briefing.
Vitalik Buterin Proposes Crash-Resistant Synthetic Asset Model
Ethereum co-founder Vitalik Buterin introduced a concept for recreating synthetic assets based on options instead of traditional debt positions. He believes this approach will eliminate forced liquidations and reduce reliance on high-speed oracles. The developer noted that current DeFi protocol models are vulnerable during sharp market downturns. The use of secured debt leads to cascading liquidations, which create excessive pressure on the network and market prices. The proposed scheme is built on a pair of assets (P and N) with a strike price S and an expiration date M. They are issued by splitting 1 ETH and can be redeemed at any time. At expiration, an oracle records the index value, and funds are distributed between the owners of P and N. “Since the total payout is always 1 ETH, the possibility of liquidation is absent,” Buterin emphasized. The main advantage of the model, according to the programmer, is its resistance to manipulation. Existing protocols require real-time price updates, creating security risks and MEV vulnerabilities. The option structure allows for the use of "slow" oracles, similar to those used in prediction markets. To maintain stable exposure (e.g., pegging to the dollar), Buterin suggested using deep-in-the-money options with regular automatic rebalancing through a DAO or local scripts. Among the potential drawbacks of the concept, the developer highlighted: the risk of slippage during frequent rebalancing (costs can reach 2% per year); quadratic deviation from the target index; the complexity of implementing effective on-chain automation. Buterin added that he would feel “much safer” holding algorithmic stablecoins built on such an architecture, rather than those based on latency-sensitive price feeds. In early March, Ethereum's founder introduced a plan for two key changes to the network's execution layer: transitioning to a binary state tree and the long-term replacement of the EVM. In March, Buterin called for the ecosystem to be restructured around privacy and AI.
Analyst Predicts Imminent Launch of Grayscale’s HYPE-ETF
Grayscale has submitted a sixth amendment to its application for an ETF based on Hyperliquid (HYPE), introducing the ticker HYPG and a fee of 0.29%. Bloomberg analyst James Seyffart stated that the fund's launch is "inevitable" and could happen as soon as this week.
Ripple’s RLUSD Goes Live in Türkiye, Hits $1.7 Billion Market Cap
Ripple is not pausing for breath. The company has brought its dollar-pegged stablecoin, $RLUSD, to Türkiye, and it has done so through three local exchange partners that Turkish crypto traders already know and trust: BiLira, Bitexen, and Bitlo. For a stablecoin that did not exist twelve months ago, crossing $1.7 billion in market capitalization while planting flags in new markets is the kind of run that gets people’s attention. Türkiye Was Always an Obvious Target Türkiye runs a $1.3 trillion economy. Its citizens trade nearly $200 billion worth of crypto every single year. That is not a fringe market dabbling The post Ripple’s RLUSD Goes Live in Türkiye, Hits $1.7 Billion Market Cap appeared first on The Merkle News.
Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC
The announcement comes in a week in which Strategy actually sold.
EDGE token crashes as ZachXBT questions insider control
EDGE token fell over 40% as edgeX blamed external manipulation while ZachXBT questioned insider control and low circulating float.
Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause
The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments. The First Big Move in Many Months A Mt Gox-labeled cold wallet moved about 10,608 BTC, valued at roughly $953 million, […]
5 promising cryptos that could transform a $500 to $1m portfolio in 2026
Investors with $500 are exploring diversified crypto portfolios that combine established assets with higher-risk growth opportunities. A low-budget portfolio of just $500 requires a change in approach to navigating the cryptocurrency market. Today’s market is driven by institutional liquidity, so…
Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC
Strive's Bitcoin acquisition strategy enhances its market position, potentially influencing corporate treasury trends and cryptocurrency adoption. The post Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC appeared first on Crypto Briefing.
Pi Network price prediction 2026-2030: the tier-1 listing question
Pi Network’s PI token trades between $0.1488 and $0.1502 in late May 2026, with a market cap around $1.57 billion and ranked near #55. The asset has fallen roughly 91% from its February 2025 peak after Open Mainnet went live.…
Bitcoin Could Benefit From A Global Debt Reckoning, Bitwise Argues
Bitwise is looking past Bitcoin’s recent slide and toward a much larger pressure point: close to $30 trillion in global debt that needs refinancing in 2026. The firm said higher Japanese government bond yields and a warning from the IMF about waning demand for government debt could push markets into a tighter corner, a setup […]
Ripple Price Analysis: XRP Shows Deeper Correction Signs Against Both USD and BTC
Ripple’s XRP remains under pressure against both the US dollar and Bitcoin, with the price action continuing to respect a broader bearish structure. The daily charts show the token trading below key moving averages while approaching important support zones that could determine the next major directional move. Ripple Price Analysis: The Daily Chart Against the […]
Intel (INTC) Stock Drops Despite Computex 2026 Reveals: Xeon 6+ and AI Infrastructure Launch
Intel (INTC) stock dropped after Computex 2026 reveals including Xeon 6+ processors, AI rackscale systems, and new enterprise cloud partnerships. The post Intel (INTC) Stock Drops Despite Computex 2026 Reveals: Xeon 6+ and AI Infrastructure Launch appeared first on Blockonomi.
This new layer 2 venture could rise faster than range bound giants like HBAR and DOT
Investors compare HBAR, DOT, and DOGEBALL as capital shifts toward utility-focused crypto projects in 2026. The digital asset market has entered a pivotal phase in May 2026, marked by historic regulatory milestones and drastic tokenomic restructurings. While Bitcoin and major…
Dollar General (DG) Stock Surges Nearly 5% on Stronger-Than-Expected Q1 Results
Dollar General (DG) stock jumped 4.6% after reporting Q1 EPS of $2.00, beating estimates, and raising full-year guidance to $7.20–$7.45 per share. The post Dollar General (DG) Stock Surges Nearly 5% on Stronger-Than-Expected Q1 Results appeared first on Blockonomi.
Sivers Semiconductors (SIVE) Stock Soars 50% on GlobalFoundries Silicon Photonics Deal
Sivers Semiconductors (SIVE) stock skyrocketed 50%+ to an all-time high after partnering with GlobalFoundries on silicon photonics for AI data centers. The post Sivers Semiconductors (SIVE) Stock Soars 50% on GlobalFoundries Silicon Photonics Deal appeared first on Blockonomi.
Why crypto search interest hit a one-year low in 2026
Google Trends shows crypto search interest at one-year lows while Bitcoin trades near $70k. Inside the price-attention disconnect and what it actually means.
Shiba Inu (SHIB) on Verge of Crossing 390 Billion Threshold in Exchange Inflows: Bears Take Control
Shiba Inu is unlikely to reclaim a bullish market wave as inflows spike substantially.
Cryptocurrency Treasury Inflows Hit Lowest Level Since October 2024
In May, inflows to companies with digital asset treasuries (DAT) amounted to $180.5 million, compared to $4 billion the previous month. Nearly the entire volume was attributed to structures holding Bitcoin on their balance sheets. Source: DefiLlama. The figure is 95% lower than in April and approximately 93% below the average for January-May. This followed two months of heightened activity: $4.28 billion in March and $4 billion in April. Companies with Bitcoin on their balance sheets accounted for $177.85 million (about 98% of the total volume). For comparison, this segment attracted $3.88 billion in April. There were no significant changes for other assets: minor inflows were seen in Zcash and Sui, while Litecoin experienced an outflow of $1.89 million. End of the Passive Accumulation Era According to a report by Galaxy, amid the market downturn in 2025-2026, premiums for DAT firms' shares began to decline. Investors are no longer willing to pay extra just for access to Bitcoin or Ethereum through the stock market. Research by Everstake confirms this trend: staking accounted for an average of 60% of total revenue for companies that disclosed data. Meanwhile, the combined net losses of the analyzed firms amounted to $1.41 billion. Galaxy analysts highlighted several survival strategies for "DAT 2.0": Staking and MEV: operating own validators to earn rewards and transaction fees; DeFi strategies: providing liquidity in AMM and arbitrage on liquidations; Basis trading: using futures to generate returns with neutral risk; Mergers and investments: acquiring operational businesses within the ecosystem (media, infrastructure). An example of market transformation is Nakamoto's acquisition of media holding BTC Inc. and the UTXO Management division. This allowed the firm to generate income not directly dependent on Bitcoin's price volatility. Experts emphasize that the emergence of spot crypto-ETFs has deprived public companies of the monopoly on providing regulated access to crypto assets. Now, their viability depends on the effective use of their balance sheets rather than the volume of coins held. Earlier this year, corporate Ethereum holders faced billion-dollar "paper" losses following a market correction.
Florida Sues OpenAI and Sam Altman Over Child Safety Concerns
The state of Florida, USA, has accused the startup OpenAI and its CEO Sam Altman of aggressively promoting the ChatGPT chatbot among teenagers and has demanded a ban on controversial practices along with the imposition of fines. This was reported by CNN citing court documents. In the lawsuit, Attorney General James Uthmeier claims that the company deliberately promoted ChatGPT while concealing the service's risks—from "instructions" for minors with suicidal thoughts to aiding suspects in planning crimes. The allegations relate to the law on unfair and deceptive trade practices, as well as software defects, lack of appropriate warnings, and creating a public threat. Florida seeks a court injunction against the disputed practices, civil penalties of up to $10,000 for each intentional violation, and compensation for affected parties. State authorities insist that ChatGPT harms children and teenagers by encouraging self-harm, fostering behavioral addiction, and leading to a decline in critical thinking skills. Furthermore, the free version lacks an age verification mechanism, and in the paid subscription, age can be entered without verification. A separate set of allegations concerns data. According to the document, OpenAI was aware of the service being used by children under 13, collected their personal information, and did not obtain parental consent. The lawsuit cites several incidents of violations. For example, an investigation into ChatGPT's role in the Florida State University shooting. It also mentions a case involving the murder of two graduate students: the accused had asked the chatbot for advice on eliminating evidence shortly before their disappearance. Another case is the tragedy of 16-year-old Adam Rayne, who, according to authorities, committed suicide after prolonged conversations with ChatGPT. "Sam Altman and ChatGPT chose the race for artificial intelligence over the safety of our children. They chose profit over public safety, and we will not tolerate it here in Florida," the prosecutor emphasized. Uthmeier stated that he expects support for the legal initiative from other states.In May, a court dismissed Elon Musk's lawsuit against Altman, Greg Brockman, OpenAI, and Microsoft due to late filing.
Broadcom (AVGO) Surges 7% as Alphabet’s AI Investment and Nvidia CEO’s Comments Fuel Rally
Broadcom (AVGO) surged 6.8% pre-market to $491 after Alphabet announced $80B AI plan and Jensen Huang's comments lifted chip stocks. Earnings due June 3. The post Broadcom (AVGO) Surges 7% as Alphabet’s AI Investment and Nvidia CEO’s Comments Fuel Rally appeared first on Blockonomi.
Crypto treasury inflows fall to lowest level since 2024
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Outpoll: A New Paradigm in Prediction Markets
Outpoll introduces a new global prediction market platform that enables users to trade on the outcomes of real-world events. Categories include, but are not limited to, politics, sports, crypto, culture, and more – with a product layer that is centered on professional trading tools, access through a public API, integrated news layer, a native mobile […]
Not All Crypto Growth Is Real Growth
For most of the last cycle, the metrics that defined growth in crypto were the metrics that were easiest to inflate. Total Value Locked. Transaction count. Active wallet count over the previous day. Twitter follower count. Each of these has a number that goes up, and each of them was treated as evidence that something [...] The post Not All Crypto Growth Is Real Growth appeared first on Blockonomi.
Credo Technology (CRDO) Shares Dip Despite Record-Breaking Quarterly Performance
Credo Technology (CRDO) stock declined 4.2% despite beating Q4 estimates with $437M revenue and $1.16 EPS. Q1 guidance failed to excite investors. The post Credo Technology (CRDO) Shares Dip Despite Record-Breaking Quarterly Performance appeared first on Blockonomi.
Crude Oil Markets Retreat as Trump Confirms Ongoing Negotiations with Iran
Oil prices fell Tuesday with Brent down 2% to $93 as Trump said Iran talks continue, despite the Strait of Hormuz remaining restricted to shipping. The post Crude Oil Markets Retreat as Trump Confirms Ongoing Negotiations with Iran appeared first on Blockonomi.
MoneyGram unveils MGUSD stablecoin on Stellar
MoneyGram has launched its own U.S. dollar stablecoin, MGUSD, on the Stellar blockchain, placing it at the center of a payments network that serves more than 60 million active customers. According to a Tuesday announcement, MGUSD is being issued by…
Keyrock to Acquire Bankrupt BlockFills’ Assets for $3.25 Million
Brussels-based Keyrock has agreed to purchase nearly all assets of the bankrupt crypto trading and lending firm BlockFills, allocating up to $3.25 million for the deal. Following an auction, Keyrock acquired the company's assets, some liabilities, stakes in related entities, client base, technologies, and intellectual property. The closure of the agreement is subject to court and regulatory approval.
Cardano powers Brazil Olympic tech push with blockchain and AI
Cardano Foundation and Brazil’s Olympic Committee start a three-year blockchain, AI and IoT plan for identity, fans and governance.
Ethereum Price Prediction: How Low Can ETH Go If $2K Support Decisively Cracks?
Ethereum remains under pressure after failing to reclaim a major resistance cluster. The price is now hovering around a key long-term support zone. The broader structure suggests sellers still dominate the market, while weakening demand from US investors adds another layer of caution. Ethereum Price Analysis: The Daily Chart On the weekly timeframe, ETH has […]
Galaxy launches OTC prediction markets desk for institutional investors
Galaxy's new OTC prediction markets desk could reshape institutional risk management by integrating event-driven strategies with broader asset hedging. The post Galaxy launches OTC prediction markets desk for institutional investors appeared first on Crypto Briefing.
Major Ripple (XRP) Announcement Affecting Turkish Users: Details
Turkey sits "at the crossroads of traditional financial and digital economy," one Ripple exec said.
Solana Tops All Blockchains With $91 Million in May App Revenue, Beating Ethereum
Solana generated $91 million in application revenue in May, more than any other blockchain and ahead of Ethereum’s $52 million, according to data shared by Defillama. Solana out-Earns Every Layer 1 and Layer 2 Solana booked $91 million for the month, placing it ahead of the Hyperliquid L1 at $53 million, Ethereum at $52 million, […]
'I Received XRP Much Later': Ripple CTO Emeritus Clarifies Role
Ripple CTO emeritus breaks silence on role at company's inception.
MoneyGram rolls out MGUSD stablecoin on Stellar
MGUSD's launch on Stellar could revolutionize global remittances, enhancing financial inclusion and stability for underserved communities worldwide. The post MoneyGram rolls out MGUSD stablecoin on Stellar appeared first on Crypto Briefing.
Kalshi eyes XRP, Solana and Dogecoin perps after Bitcoin approval
Kalshi reportedly filed to certify XRP, Solana and Dogecoin perpetual futures after winning CFTC approval for Bitcoin perps.
Ethereum Foundation President Breaks Silence On New Mandate And Internal Tensions
Ethereum Foundation President Aya Miyaguchi has laid out her view of the organization’s new mandate, framing the shift as a necessary reset after internal debates became increasingly strained and the Foundation faced pressure to be too many things at once. Her comments, posted on X after Vitalik Buterin shared his own view of the Foundation’s […]
Micron Technology (MU) Stock Climbs on HBM4 Launch and AI Memory Innovation at COMPUTEX 2026
Micron Technology (MU) stock climbed after unveiling HBM4, next-gen RDIMMs, PCIe Gen6 SSDs, and edge AI memory products at COMPUTEX 2026 for AI growth. The post Micron Technology (MU) Stock Climbs on HBM4 Launch and AI Memory Innovation at COMPUTEX 2026 appeared first on Blockonomi.
Kalshi Files to Launch XRP Perpetual Futures in US
Kalshi issues new proposal to the SEC to officially bring perpetual futures for XRP and other major crypto assets to the U.S. market.
PEPE price prediction 2026-2030: the first meme ETF test
PEPE trades between $0.0000037 and $0.0000054 in late May 2026, with a market cap near $1.6 billion, 86% below the $0.000028 high from December 2024. Two specific events have shifted the setup from pure speculation to something an analyst can…
Russian Capital on Foreign Crypto Exchanges Falls to 720 Billion Rubles
By the end of March, the funds of Russian citizens on foreign centralized crypto exchanges decreased by 23% compared to the previous two quarters, reaching 720 billion rubles, according to a recent financial stability review by the Bank of Russia. The regulator estimated that 60% of these assets were in Bitcoin, 8% in Ethereum, and 32% in other coins. According to the "Transparent Blockchain" service, during the reporting period, Russian traffic on foreign CEX websites fell by 32% to 56.5 million visits. Growth in Synthetic Investments Additionally, the central bank noted an increase in investments in Russian instruments linked to the value of crypto assets. As of April 1, they reached approximately 3.8 billion rubles. Specifically, the volume of bonds based on ETFs in circulation amounted to 4.1 billion rubles. Of this, 1.7 billion rubles or 42% was held by individuals and non-profit organizations. The central bank mentioned structured bonds linked to shares of iShares Bitcoin Trust ETF and iShares Ethereum Trust ETF from BlackRock. It also referred to Moscow Exchange futures on Bitcoin and Ethereum indices (MOEXBTC, MOEXETH) and on cryptocurrency ETF shares (IBIT, ETHA). The net open position of retail investors in cryptocurrency futures was estimated at 1.7 billion rubles, with about 5,600 participants. Approximately 3,800 people invested 354 million rubles in DFAs. Within auto-following strategies, 271 individuals invested 85.6 million rubles in synthetic crypto instruments. BTC and ETH Prices Below October Levels The review states that the crypto market did not recover during the reporting period from the sharp decline in October 2025, unlike the stock market. In April 2026, the average monthly price of Bitcoin was $73,500—36% below the October 2025 level. Ethereum averaged $2,300—45% lower. The Bank of Russia attributed the correction to a shift of investors to traditional assets amid political tensions, expectations of a more hawkish stance from major central banks, and Bitcoin sell-offs by miners due to rising production costs. The Bank of Russia also highlighted stablecoins, whose capitalization has remained around $300 billion since October 2025, with transaction volumes reaching $1.5 trillion in March 2026. In late April, the first reading of the bill "On Digital Currency and Digital Rights" took place. It defines cryptocurrencies as currency value for foreign trade settlements and mandates transactions through licensed intermediaries. The procedure for administering wallets by digital depositories sparked particular debate. ForkLog discussed the document in detail in a podcast.
Palo Alto Networks (PANW) Earnings Preview: Can CyberArk Deal Drive Stock Higher?
Palo Alto Networks (PANW) reports Q3 earnings today with $2.9B revenue expected. CyberArk integration and AI agent security drive investor interest. The post Palo Alto Networks (PANW) Earnings Preview: Can CyberArk Deal Drive Stock Higher? appeared first on Blockonomi.