The UK Financial Conduct Authority has warned football clubs that sponsorship deals with unauthorised crypto firms could expose fans to financial harm while creating legal, money laundering and reputational risks for clubs. According to the FCA, it has written to…

SpaceX targets $1.75T valuation with $75B IPO at $135/share. Roadshow begins Thursday. Musk allocates 30% to retail investors. Full analysis inside. The post SpaceX Eyes Historic $1.75 Trillion Valuation in Upcoming IPO appeared first on Blockonomi.

Oil prices surge toward $97 as US-Iran tensions escalate near Strait of Hormuz, nuclear talks collapse, and US crude inventories drop 6.8 million barrels. The post Crude Oil Surges Toward $97 Amid Escalating US-Iran Conflict and Supply Concerns appeared first on Blockonomi.

Ripple's legend turns back the clock to XRP's 2012 roots just as the company deploys a massive D.C. lobbying push for the Senate's CLARITY vote.

TLDR: Standard Chartered projects Ethereum will climb 41% to $2,700 by year-end as ETH/BTC ratio hits 0.04. Strategy’s $2.5M Bitcoin sale triggered one of Ethereum’s largest daily outperformance spikes since 2024. Ethereum-holding firms can stake assets for yield, reducing sell pressure unlike Bitcoin-holding firms. Standard Chartered sets a $4,000 year-end target and a $40,000 Ethereum [...] The post Ethereum Poised to Outperform Bitcoin as Strategy Sells BTC, Standard Chartered Says appeared first on Blockonomi.

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Bitwise says crypto has become a contrarian bet as AI stocks pull investor attention and traders focus more on fundamentals.

On-chain data shows the latest crash in the Bitcoin price has come alongside a spike in transaction activity from the whale-sized addresses. Bitcoin Whale Transaction Count Has Just Witnessed A Spike According to data from on-chain analytics firm Santiment, the Bitcoin Whale Transaction Count has observed a surge recently. The “Whale Transaction Count” here refers […]

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Alphabet (GOOGL) stock dropped 3.86% after UK regulators imposed rules requiring Google to allow publishers to opt out of AI search features. The post Alphabet (GOOGL) Stock Drops 3.86% After UK Mandates AI Search Publisher Controls appeared first on Blockonomi.

DeepSeek pursues $7.4B in its inaugural funding round, potentially reaching a $59B valuation with backing from Tencent, CATL, and founder's $3B contribution. The post DeepSeek Pursues $7.4 Billion in Debut Funding Round Led by Tencent and CATL appeared first on Blockonomi.

Meta (META) stock falls 0.47% after EU's General Court upholds gatekeeper label for Messenger under DMA while annulling Marketplace designation. The post Meta (META) Stock Falls After EU Court Confirms Messenger Must Comply with Gatekeeper Rules appeared first on Blockonomi.

Johnson & Johnson (JNJ) stock gains as nipocalimab demonstrates sustained lupus control in Phase 2 JASMINE trial, with strong autoantibody-positive results. The post Johnson & Johnson (JNJ) Stock Rises on Positive Nipocalimab Lupus Trial Data appeared first on Blockonomi.

Hyperliquid is taking over the cryptocurrency market despite the bearish state of the industry.

El Salvador is buying the dip again as bitcoin slides as low as $65,700, with the Central American nation’s strategic reserve now holding roughly 7,600 BTC worth more than $510 million. A Familiar Playbook on a Red Day As bitcoin dropped under $66,000 this week, El Salvador leaned into the slide rather than away from […]

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Cuba doesn’t see large volumes of bitcoin transactions, yet the country has become one of the clearest examples of cryptocurrency use under sanctions and limited access to international payment systems. Against this backdrop, part of the flow is shifting to P2P networks and messengers, forming elements of a postbank economy. ForkLog examined how an island of more than 10 million people lives under financial isolation and why authorities began legalizing crypto for foreign trade. Island in the Dark On the evening of March 4, much of western Cuba lost power. First, one of the country’s key thermal power plants, Antonio Guiteras, about 100 km from Havana, shut down in an emergency. Minutes later the outages cascaded across the grid. Restoration took 16 hours. Representatives of the Ministry of Energy linked the shutdown to the U.S. oil blockade of Cuba. Soon after the arrest of Venezuela’s president, Nicolás Maduro, on January 3 during a military operation, Donald Trump’s administration declared Cuba an “extraordinary and unusual threat” to U.S. national security. Washington tightened sanctions on Venezuela’s oil industry and threatened tariffs on countries supplying fuel to Cuba. That reduced regional shipments, including exports from Mexico. Cuba needs about 110,000 barrels of fuel a day, but domestic production doesn’t exceed 40,000 barrels. The country has also completely run out of diesel and fuel oil. Add to this the physical wear of generation assets with no access to spare parts to keep them running. In the following weeks the grid collapsed again, leading to a full shutdown of the national power system. By May, outages had become routine, reaching 18–24 hours a day in some regions. By late May, available capacity stood at 1,175 MW against demand of 2,713 MW. Beyond social fallout like water supply disruptions and broken cold chains, the blackouts also hit financial infrastructure. Banking depends critically on stable power and connectivity: ATMs, payment terminals and parts of digital services fail. This stop-start mode further shifted attention to informal channels and cryptocurrencies. Digital assets had entered Cuban daily life long before the grid’s collapse, primarily due to chronic economic constraints and the gradual breakdown of traditional payment rails. Financial Architecture The Military Conglomerate A key pillar of Cuba’s economy is the conglomerate GAESA, created in 1995 by Raúl Castro and run by the country’s armed forces. Initially meant to bolster defense finances, it later became a commercial empire. Experts estimate GAESA controls 40% to 70% of the economy and 95% of the financial system, including Banco Financiero Internacional, one of the largest banks. Its operations span hotels, retail, port infrastructure, currency exchange and a large share of import channels. Some estimates attribute about 34% of Cuba’s total goods and services exports to the conglomerate. An investigation by the NY Times emphasizes that GAESA functions as a closed corporate structure with limited public reporting and minimal external transparency, while its activities are effectively state-controlled. The U.S. government contends the network’s revenues exceed the state budget more than threefold and that it may control up to $20 billion in illicit assets. Cuba’s embassy in the United Kingdom disputed the figures, saying reporters mixed up currencies and overstated the amount by 24 times. According to the embassy, under basic local accounting rules the figures in the document required conversion into pesos at the official rate (1:24), which the authors failed to apply. The @MiamiHerald & @ngameztorres claim Cuba’s GAESA hoards $18B USD, pushing a sensationalist narrative to justify brutal US sanctions. Basic accounting dismantles this "bombshell." Let's look at their own leaked document. This is a masterclass in journalistic malpractice. 🧵 https://t.co/UIhXozD4Iw pic.twitter.com/NInRidHEFA— Cuba in the UK (@EmbaCuba_UK) May 16, 2026 “Basic accounting dispels this ‘sensation.’ Inventing a secret $18 billion hoard provides a convenient political pretext for tightening the very illegal sanctions that are strangling the Cuban population,” embassy representatives wrote. Banking Woes After the 2021 currency reform, the government further centralized access to dollar liquidity. Authorities scrapped the system of two currencies and simultaneously expanded the use of MLC — a special “freely convertible” accounting unit pegged to the dollar. State stores selling scarce goods switched to MLC cards, and access to imports increasingly depended on foreign currency or transfers from abroad. The result was a parallel dollar system inside the country. The crisis accelerated in spring 2025 when Cuba effectively began operating under an informal banking moratorium: authorities restricted the ability of foreign companies to withdraw dollar deposits from state banks. At the same time, the peso’s unofficial rate collapsed to about 510 CUP per dollar, while GDP fell roughly 11% over five years. Amid this concentration of financial control, any external constraints — including U.S. sanctions on entities linked to GAESA — further squeeze international banking channels and limit options for traditional cross-border payments. As of November 2025, 93% of remittances in Cuba moved through informal networks. Cryptocurrencies plugged into this system. Cuban entrepreneurs use them to pay foreign suppliers, settle imports and access dollar liquidity outside the traditional system. For many households, crypto became an alternative tool: it’s used to receive transfers from relatives, store savings and bypass banking limits. It’s nearly impossible to verify whether political elites use cryptocurrencies. Cuba lacks robust public asset disclosures for officials, and much of the state’s and military-linked entities’ financial flows remain opaque. Regulation and the Real Market Formally, crypto isn’t banned in Cuba. In 2021 the central bank acknowledged the potential use of virtual assets for socioeconomic purposes. The regulator’s resolution defined them as a digital representation of value that can be sold or transferred digitally and used for payments or investments. By 2022, the government began issuing crypto service providers licenses valid for one year with renewal options. A distinctive feature is a mandatory assessment of a business’s economic and social relevance to the state. Exchange, transfer and custody services are allowed only with central bank–approved assets under the specific authorization. Violations carry fines of up to 50,000 CUP for individuals and up to 5 million CUP for legal entities. The only publicly known license holder is Lithuania-registered EBIORO UAB, founded in 2019 by Cuban émigré Yulexi Matienzo Carcases. Despite early steps on regulation, the market continued to develop largely in the gray zone. Its hubs are Telegram channels, WhatsApp groups and local P2P platforms such as QvaPay and Heavenex. Crypto pricing in Cuba reflects real user-to-user deals and depends on global trends and local factors — currency shortages, sanctions and high demand for dollar liquidity. Participants watch current buy-sell posts and the cost of cash dollars and MLC. Rates on local P2P platforms are usually more balanced thanks to the Cuban diaspora and inbound remittances. In Telegram and WhatsApp communities, prices are often less favorable for buyers as private brokers add a premium for speed, convenience and access to liquidity. Prices can also vary significantly by deal size, payment method and counterparty reputation. The largest Cuban crypto communities on Telegram range from a few hundred to nearly nine thousand members. P2P platforms partially reduce risk via escrow, while private channels and informal groups see more fraud due to a lack of guarantees. Cuban authorities have repeatedly warned about the risks of unregulated crypto use and pointed to its vulnerability to illegal schemes. The best-known case was the Trust Investing pyramid, which spread via Telegram and social media in 2020–2021. According to available estimates, up to 300,000 people were involved. Most users lost access to funds; total losses remain unknown. Life Outside the Stats Unofficial data suggest that in 2022 between 100,000 and 200,000 Cubans used crypto. More recent counts point to a decline in active market participants to about 10,000. In 2023, Cuba ranked 136th out of 155 in Chainalysis’s Global Crypto Adoption Index. It didn’t appear in subsequent editions. Measuring the true size of the crypto economy is difficult because most activity occurs off centralized exchanges and barely shows up in public statistics. Chainalysis notes that in countries with currency controls, unstable banking and high demand for dollar liquidity, digital assets are most compelling as infrastructure for cross-border transfers rather than as an investment vehicle. USDT is the dominant asset in Cuba’s crypto economy. The tilt toward stablecoins stems from high inflation — the official annual rate was 14.73% in April, though the real figure may be much higher. Source: National Office of Statistics and Information of the Republic of Cuba. According to Chainalysis and Artemis, small “stablecoin” transfers are the main driver of crypto use in countries with weak financial infrastructure. A similar pattern is seen in Iran, Venezuela, Lebanon and African countries. In 2025, global USDT payments under $1,000 reached $156 billion — mainly remittances, P2P and day-to-day transactions. $156B of USDT payment transfers under $1,000 in 2025 🤯 pic.twitter.com/tVBleoKwd1— Paolo Ardoino 🤖 (@paoloardoino) December 12, 2025 Business Shift In March 2026, Cuba’s central bank issued the first licenses for companies to use crypto in international settlements. Nine small and medium-sized firms and one joint venture operating in technology, transport and gastronomy received approvals. Licenses are valid for a year with renewal options. All transactions must go through official virtual asset providers. Domestic operations and speculative trading are strictly prohibited under this initiative. Each company must disclose transaction volumes, the digital assets used and the chain of intermediaries. The regulator reserves the right to revoke licenses for violations. As for domestic payments, most remain in a gray zone. In theory, businesses must obtain a central bank license to conduct commercial crypto transactions, but in practice many merchants operate without one. The state largely looks the other way, especially at small volumes. According to BTC Map, 54 locations in the country are marked as accepting crypto at the time of writing, many clustered in Havana and focused on tourism. The listed payment options reflect a stated possibility and don’t guarantee an actual method of settlement. Better Sun Than ASICs There’s effectively no large-scale mining infrastructure on the island: unstable power, voltage spikes and patchy internet make operating ASIC farms highly risky and uneconomic. After the March blackouts, crypto circles debated whether bitcoin mining could, in theory, help balance local grids built on renewables. Forbes highlighted models where miners absorb excess solar generation during low demand and shut down during grid stress. At the same time, Cuba is expanding solar power, in large part with Chinese support, to cut reliance on imported fuel and aging centralized networks. For now, though, the focus is on stabilizing basic electricity supply rather than building a full-fledged crypto mining industry. Crypto Inside the Crisis What’s emerging in Cuba isn’t a full-fledged crypto economy. It’s more a postbank economy, where messengers partially take over financial functions and blackouts act as a systemic cap on transactional activity. In these conditions, cryptocurrencies don’t transform the country’s economic model so much as slot into existing constraints, offsetting the lack of access to international financial infrastructure. Limited state initiatives and structural problems prevent a shift to a sustainable alternative.

The Blockchain Association sent an open letter to US Senate leaders John Thune and Chuck Schumer, urging the swift passage of the CLARITY Act. Among the 160 signatories are former law enforcement officials, as well as national security and intelligence personnel. The authors emphasized that the lack of clear federal regulations is pushing the crypto industry to offshore jurisdictions. This removes transactions from the oversight of US regulators and complicates the work of investigators. The CLARITY Act includes: extending the requirements of the Bank Secrecy Act and sanctions compliance to brokers, dealers, and digital asset exchanges; launching a Treasury pilot program for data sharing between the Department of Justice, FBI, DEA, and the private sector; establishing a permanent interagency group to combat virtual asset crimes; setting strict standards for crypto ATMs, including reporting, transaction limits, and monitoring. Some provisions will also affect not fully decentralized trading protocols: they will be subject to AML obligations, suspicious activity reports, and comprehensive independent audits. Sanctions requirements for DLT messaging systems are also specified. Blockchain Association head Summer Mersinger stressed that the initiative is not a deregulation measure. On the contrary, it expands tools to combat money laundering and terrorism financing. As part of the campaign to promote the CLARITY Act, association representatives will hold a series of meetings in 18 senators' offices. A public discussion is scheduled for June 4, featuring Senator Cynthia Lummis, Congressman Tom Emmer, and White House representative Patrick Witt. On May 14, the US Senate Banking Committee approved a cryptocurrency bill by a vote of 15 to 9.

SEALSQ Corp (LAES) stock rises after leading Quobly's €130M Series A funding, expanding its quantum computing and post-quantum security strategy. The post SEALSQ Corp (LAES) Stock Climbs on €130M Quobly Quantum Investment appeared first on Blockonomi.

NewLimit raised $435M in Series C funding led by Founders Fund to advance its first age-reprogramming drug into human trials.

Canadian mining company HIVE Digital Technologies reported its financial results for the 2026 fiscal year, which ended on March 31. Annual revenue surged by 158%, reaching $297.8 million. According to the report, revenues from digital asset mining increased by 164% to $278.3 million. This was driven by a fourfold increase in operational hashrate and a high average Bitcoin price ($98,040 compared to $75,881 the previous year). During the reporting period, the company mined 2885 BTC, marking a 104% increase from the previous year's figure of 1414 BTC. Meanwhile, the average network difficulty rose by 42% from 95.7 T to 135.8 T. Revenue from the high-performance computing (HPC) division reached a record $19.5 million, up 94%. The growth was driven by the launch of a cluster based on NVIDIA H200 chips. Despite the growth in operational metrics, HIVE's net loss under GAAP amounted to $148.4 million. The company explained that this figure was due to non-cash items: equipment depreciation of $170.4 million and investment valuation adjustments. Notably, in the fourth quarter of the fiscal year, the miner significantly reduced its Bitcoin reserves. As of March 31, 2026, HIVE held 150 BTC valued at approximately $10.8 million. For comparison, as of December 31, 2025, the company held 481 BTC. Quarterly mining revenue fell to $67.2 million (down 23.9% from the previous quarter) amid a Bitcoin price correction and increased network difficulty. By the end of 2028, HIVE aims to increase annual revenue in the HPC segment to $660 million. A key project in this direction will be the construction of a 320 MW AI data center in Toronto. In March 2026, HIVE launched its first GPU cluster for artificial intelligence in Paraguay.

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Standard Chartered predicts Ethereum will outperform Bitcoin after Strategy's BTC sale, setting a $4,000 ETH target with potential 41% gains ahead. The post Standard Chartered Analyst Forecasts Ethereum (ETH) Surge Following Strategy’s Bitcoin (BTC) Sell-Off appeared first on Blockonomi.

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Bitcoin price is testing the key $65,000 support zone after Iran’s retaliatory strikes against the U.S. spooked investors, with charts suggesting a deeper slide toward $60,000 if bears remain in control. According to data from crypto.news, Bitcoin (BTC) fell 4.5%…

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Bitcoin dropped 6.4% to $65,708 while global stocks reached records. ETF outflows surpassed $3.2B as Strategy sold BTC for the first time. The post Bitcoin (BTC) Plunges Under $66K as Global Equities Surge to New Peaks appeared first on Blockonomi.

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Bitcoin drops to $67K as AI stocks attract investor capital. Analysts warn of continued volatility with record ETF outflows and weakening institutional interest. The post Bitcoin (BTC) Tumbles to $67K as Artificial Intelligence Stocks Lure Investors Away appeared first on Blockonomi.

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PI is now inches away from marking a new all-time low.

Ethena (ENA) price surged 20% after Coinbase Ventures' first investment. New savings products launching next week for 100M+ Coinbase users. The post Ethena (ENA) Surges 20% Following Coinbase Ventures’ Inaugural Token Purchase appeared first on Blockonomi.

Bitmine is now holding more than 5.4 million Ether tokens, a stockpile worth over $10.5 billion, and that puts the company about 90% of the way toward its goal of controlling 5% of Ethereum’s circulating supply. The latest purchase landed at a time when ETH has been stuck near $2,000 and has failed to match […]

NEAR Protocol (NEAR) surges 20% to $2.75 while crypto falls. Targets $3.40–$3.77 with $19.69B in Intents volume ahead of June upgrade. The post NEAR Protocol (NEAR) Surges 20% Against Market Downturn — Can It Reach $3.77? appeared first on Blockonomi.

Bitcoin.com today announced the launch of Bitcoin.com Checkout, a new self-custodial payments app that solves one of the biggest problems holding back crypto merchant adoption: volatility. Merchants can now accept Bitcoin and crypto and auto-settle to stablecoins, so they take payment without price risk, without giving up custody, and without anyone’s permission. It’s the first […]

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It’s no longer a luxury to have interoperability among blockchains. The capacity to transfer assets between dozens of ecosystems (including Ethereum, Solana, BNB Chain, Arbitrum, Tron, and more) cleanly and affordably is essential for any serious DeFi user. This is made possible by bridges, but most individuals don’t know what they are until they have [...] The post Best Cross-Chain Bridges to Watch in 2026 appeared first on Blockonomi.

Galaxy Digital debuts an institutional OTC prediction markets desk, completing a $10M trade with Arca on the CLARITY Act as its first transaction. The post Galaxy Digital Debuts Institutional OTC Desk for Prediction Market Trading appeared first on Blockonomi.

NewLimit, Brian Armstrong's longevity startup, raises $435M at $3.1B valuation. Human trials for epigenetic reprogramming tech planned for 2027. The post Brian Armstrong’s Anti-Aging Venture NewLimit Secures $435M in Massive Funding Round appeared first on Blockonomi.

The U.S. Securities and Exchange Commission has unveiled a 2026–2030 strategic plan that places digital assets, blockchain technology, and tokenized financial infrastructure among its key regulatory priorities. According to the SEC’s draft Strategic Plan for fiscal years 2026–2030, released Tuesday,…

Tom Lee predicts Ethereum (ETH) could reach $250,000, driven by AI adoption and corporate validators now controlling 7% of supply. ETH trades at $1,906. The post Ethereum (ETH) Could Hit $250,000 Says Fundstrat’s Tom Lee Amid Corporate Validator Surge appeared first on Blockonomi.

Solana (SOL) has fallen below $80 support after eight consecutive monthly losses. DEX volume collapsed 82% as Bitcoin ETF outflows hit $1.42 billion. The post Solana (SOL) Marks Historic Eighth Straight Monthly Decline as Price Tumbles Under $80 appeared first on Blockonomi.

Mastercard integrates stablecoin settlement with USDC, RLUSD, and PYUSD across eight blockchains, transforming cross-border payments starting in the US. The post Mastercard Embraces Stablecoins: Major Payment Network Now Supports Crypto Settlement appeared first on Blockonomi.

Microsoft warns two npm packages deploy a RAT that steals crypto wallet credentials, screenshots and keystrokes via Hugging Face.

Toncoin’s native token has rebranded to ‘Gram’ as part of the latest step in Pavel Durov’s “Make TON Great Again” roadmap. Toncoin’s Native Token Is Now Called Gram In a new post on Telegram, Pavel Durov has shared details related to a rebranding of the native token of the Toncoin network. The asset is set […]

Economist and longtime gold advocate Peter Schiff says bitcoin is heading below $20,000, renewing his bearish call as the cryptocurrency slips under $66,000. A Familiar Bear Returns to the Spotlight Peter Schiff, the economist and gold proponent who has spent more than a decade warning against bitcoin, said that the cryptocurrency will crash below $20,000. […]

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SBI Holdings CEO Yoshitaka Kitao has attributed the cryptocurrency market's current sluggish performance to a massive capital rotation, suggesting that institutional investors are liquidating digital assets to raise cash for a historic wave of upcoming U.

Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S. Senate. According to a letter sent Tuesday by the Blockchain…

$1.84B in crypto liquidations occurred in 24 hours—the worst since February. Bitcoin dropped below $66K as geopolitical tensions escalated. The post Crypto Markets Collapse: $1.84 Billion Liquidation Event Rocks Digital Assets appeared first on Blockonomi.

The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February.

Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day.

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Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.

TLDR: Mastercard now supports stablecoin settlement using USDC, PYUSD, RLUSD, and four other regulated assets. Settlement runs 24/7, covering intraday windows, weekends, and public holidays across Mastercard’s network. Eight blockchain networks are supported, including Ethereum, Solana, Base, Polygon, and XRPL. Cross River, Lead Bank, ARQ, CBW Bank, and Nuvei are among the first partners going [...] The post Mastercard Goes 24/7 With USDC, RLUSD, and PYUSD Settlement Move appeared first on Blockonomi.

The US Office of Foreign Assets Control (OFAC) has added the Iranian platform Nobitex, along with Wallex, Bitpin, and Ramzinex, to its sanctions list. The Treasury Department stated that in 2025, Nobitex accounted for more than half of all digital asset inflows to Iran and was used to evade sanctions and finance terrorism. The platform's executives were also subjected to restrictions.

Crypto markets are a bloodbath today, with total capitalization shedding billions and falling to multi-month lows.

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The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges including Nobitex, seizing nearly $1 billion in digital assets. The post U.S. Treasury Blacklists Four Major Iranian Cryptocurrency Platforms appeared first on Blockonomi.

Bitcoin (BTC) crashes to a two-month low of $65,485 as Strategy sells holdings, ETF outflows persist for 12 days, and US-Iran strikes fuel market fear. The post Bitcoin (BTC) Plunges to $65K as Strategy Sells, ETF Outflows Continue appeared first on Blockonomi.

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The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges and two senior executives at Nobitex after accusing the platforms of helping sanctioned entities access the digital asset ecosystem. According to the U.S. Department of the Treasury, the latest action targets…

[PRESS RELEASE – Cayman Islands, British Overseas Territories, June 3rd, 2026] Gate has announced a strategic partnership with Alpaca to expand access to real stock trading for eligible users. The collaboration marks another milestone in Gate’s ongoing effort to bridge digital assets and traditional financial markets through a unified multi-asset trading experience. Through this upcoming […]

TLDR: Iran agreed for the first time to negotiate enriched uranium terms, per Rubio’s congressional testimony. IRGC confirmed 24 Strait of Hormuz transits in 24 hours, easing energy supply disruption fears. April JOLTS beat consensus, keeping Fed on pause in June with Q4 hike risk tied to energy costs. AI capital is rotating from mega-cap [...] The post Iran Strikes Nuclear Deal Concession as AI Capital Pours Into Hardware Sector appeared first on Blockonomi.

UK Lords warn BoE stablecoin caps and 40% reserve rules could make pound tokens commercially unworkable as regulators finalize rules.

Bitcoin fell under $66,000 on June 3, albeit briefly, as record exchange-traded fund outflows and a rare sale by Strategy deepened a selloff that has wiped out billions in leveraged positions. A Broad Crypto Rout Gathers Pace Bitcoin is extending one of its sharpest selloffs in months, with the decline pulling the wider market lower, […]

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TapTools has announced plans to wind down within the next two weeks after losing its fifth senior executive this year, adding to mounting pressure across the Cardano ecosystem following recent governance disputes and project closures. According to a statement published…

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Strategy, the company led by Michael Saylor, sold 32 Bitcoin worth roughly $2.5 million, marking its first Bitcoin sale since 2022. The transaction was carried out to meet dividend-related obligations tied to the firm’s preferred stock offerings, according to reports. Bitcoin’s largest corporate holder remains firmly committed to its long-term treasury strategy despite the sale, […]

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Layer 3 blockchain infrastructure Orbs has launched its V5 product upgrade on Ethereum and Arbitrum to improve cross-chain verification, lower infrastructure costs, and increase validator participation. Milestone Growth Precedes Upgrade The decentralized Layer 3 blockchain infrastructure focused on advanced on-chain trading, Orbs, has unveiled V5, a product upgrade on Ethereum and Arbitrum designed to improve […]

TLDR: Bitcoin weakness aligns with equity concentration as Cboe Dispersion Index hits 42 level signal. Capital rotation into AI, semis, defense and energy drains liquidity from Bitcoin markets.  BTC typically bottoms within 0 to 20 weeks after dispersion peaks, median around two weeks.  Absence of crypto native shock supports faster normalization once equity concentration fades. [...] The post Bitcoin Weakness Tied to U.S. Stocks Siphoning Capital, Binance Research Says appeared first on Blockonomi.

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Little Pepe raises $28.1M in presale as strong community participation continues to attract new buyers. This tale has a familiar iteration in many memecoin projects. Large presales followed by lofty community goals, with the promise of Layer-2 infrastructure. So when…

Rubio told Congress sanctions relief requires nuclear concessions only, rejecting Hormuz linkage. Iran oil sanction relief by June 30 drops to 33.5% YES. The post Rubio says US will lift Iran sanctions only for nuclear concessions, not Hormuz appeared first on Crypto Briefing.

TLDR: NewLimit Series C raised $435M led by Founders Fund for longevity biotech expansion and clinical readiness. Startup targets epigenetic reprogramming therapies aimed at restoring youthful function in aged human cells. First-in-human trials for lead liver cell program are planned for next year after recent breakthrough results. Funding brings major VC backing as NewLimit scales [...] The post NewLimit Series C: Armstrong-Backed Longevity Startup Raises $435M appeared first on Blockonomi.

Three senior Democratic lawmakers have called on the U.S. Labor Department to withdraw a proposal that could open the country’s roughly $10.1 trillion 401(k) retirement market to cryptocurrencies and other alternative investments. According to a letter sent Tuesday by Senator…

Microsoft's cybersecurity division has issued a warning regarding a new malware campaign that targets cryptocurrency investors by hiding malicious code within widely used public npm open-source packages.

TLDR: Cardano partners with Brazil Olympic Committee to deploy blockchain across sports governance. Three-year roadmap targets digital identity, fan engagement, equipment tracking, and governance. Pilot programs begin after executive workshops, focusing on verifiable athlete certifications. Public blockchain use aims to boost transparency, efficiency, and trust in sports institutions. The Cardano Foundation has entered a strategic [...] The post Cardano Foundation Partners With Brazilian Olympic Committee in Blockchain Push appeared first on Blockonomi.

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Karen Bass confirmed to advance to LA's November mayoral runoff. First-round finish market at 98% YES; general election win at 78% YES. The post Karen Bass advances to LA mayoral runoff in November appeared first on Crypto Briefing.

In 1978, Warren Buffett cemented a partnership that would define Berkshire Hathaway for decades with Charlie Munger, a collaboration that ran until 2023. His rule for partners, Buffett says, is blunt: pick people who are intelligent, honest and energetic, and “marrying someone to change them is folly,” a filter echoed by patient bets on Coca-Cola […]

TLDR: 160 former security and intelligence officials publicly backed the Clarity Act before Senate review. The proposal expands AML, sanctions, and compliance duties across key crypto market participants. Treasury would lead a new information-sharing program targeting digital asset crime risks. Supporters say the bill increases enforcement tools without limiting existing criminal authorities. A group of [...] The post Blockchain Association-Backed Clarity Act Gains Support From 160 Former Security Officials appeared first on Blockonomi.

“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.

AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages.

Bitcoin has lost the $69,000 level as selling pressure and market uncertainty combine to test the resilience of a market that has now given back a significant portion of its recovery from the cycle lows. The breakdown is uncomfortable — and analyst MorenoDV has identified a signal in the supply data that places the current […]

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Mastercard is expanding its global settlement infrastructure to support additional intraday, weekend, and holiday settlement windows, as well as on-chain settlement using regulated stablecoins, the company said Wednesday. The post Mastercard rolls out always-on settlement with Circle, Paxos and Ripple stablecoins appeared first on Crypto Briefing.

Ripple has expanded its USD-backed stablecoin RLUSD into Türkiye through new partnerships with BiLira, Bitexen and Bitlo, giving local institutions access to the asset in one of the most active crypto markets in the MENA region. The launch, announced on June 2, marks another step in Ripple’s push to position RLUSD as an enterprise-grade stablecoin […]

Binance Research says bitcoin’s recent weakness may be driven by capital rotating into a small group of hot U.S. equity themes. The firm argues that without a crypto-native crisis, such pressure has often proved temporary. Cboe Dispersion Index Hits 42 as Bitcoin Competes With AI Stock Rally Bitcoin’s latest pullback may have less to do […]

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May’s performance suggested that internal market dynamics were the major driver of weakness, rather than macro conditions.

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The world of digital finance and technology is changing fast. In the Philippines, blockchain is no longer just an idea for the future. It is already being used in real ways. Philippine Blockchain Week 2026 will show this shift in […] The post Philippine Blockchain Week 2026 Focuses on Real-World Deployment of Blockchain Tech appeared first on Blockmanity.

XRP is struggling as selling pressure keeps the price pinned near $1.28 without the directional conviction needed to defend the level with confidence. The market is cautious — and an Arab Chain analysis tracking whale withdrawal behavior on Binance has identified a structural signal in the off-exchange activity data that places the current weakness in […]

Gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification. Gold’s Rise Puts New Pressure on Dollar-Based Reserve Markets The European Central Bank (ECB) said in its report published June 2, 2026, “The international role of the euro,” […]

Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform.

• #Cardano

The broader crypto market pulled back as Bitcoin (BTC) briefly slipped below the $67,000 level on Tuesday, and that weakness quickly spread to other major chains. In the weekly timeframe, Solana (SOL) and Cardano (ADA) each recorded a 10% retrace.  Against that backdrop, market expert Anders Bylund of The Motley Fool published a fresh comparison […]

• #Cardano

Strategy’s 32 BTC sale has turned a small transaction into a larger test for corporate bitcoin treasuries. The issue is no longer only whether public companies hold BTC. Investors are now watching how those companies meet cash obligations while trying to preserve exposure. Bitcoin Treasuries Face a New Borrow-or-Sell Test Strategy’s bitcoin sale drew attention […]

• #bitcoin

Bitcoin is sitting at a make-or-break zone, according to market analyst CryptoMichNL, who recently outlined two key price areas that could determine the asset’s next major move. While he believes the broader bullish structure remains intact, he also identified a lower range where investors may find what he considers one of the most attractive buying […]

• #bitcoin

Ripple is framing CME’s 24/7 crypto futures launch as a response to institutional demand, citing XRP futures as evidence, with Ripple Prime serving as a day-one clearing and financing partner. Ripple Points to Institutional Need for Always-On Crypto Markets Ripple highlighted institutional demand on June 1 as CME Group launched regulated crypto futures and options […]

US forces struck Iranian drones/missiles targeting Kuwait and Bahrain. US invasion of Iran at 17.5% YES; US strikes 8 countries in 2026 at 25.9% YES. The post US carries out self-defense strikes against Iranian drones and missiles targeting Kuwait, Bahrain appeared first on Crypto Briefing.

Bitcoin is entering another decisive period after spending recent months trading inside a higher-timeframe ascending range. Technical analysis of the daily chart setup shows the Bitcoin price moving inside an ascending channel structure, but the structure is becoming more dangerous as the cryptocurrency is now approaching its lower boundary. Bitcoin’s Ascending Channel Is Starting To […]

• #bitcoin

Coinbase enables Checkout.com merchants to accept USDC and USDT through existing checkout systems. More than 1,000 enterprise customers can add stablecoin payments while settling in U.S. dollars. Checkout.com Partnership Pushes Stablecoins Deeper Into Enterprise Commerce Crypto exchange Coinbase (Nasdaq: COIN) announced on June 2 that Checkout.com is enabling stablecoin acceptance for eligible merchants across its […]

US strikes IRGC communications tower on Qeshm Island near Strait of Hormuz. Hormuz traffic normal by June at 21.5% YES, down from 38% last week. The post US strikes IRGC communications tower on Qeshm Island near Strait of Hormuz appeared first on Crypto Briefing.

TLDR: Four 2025 hardforks cut BSC block times from 3 seconds to 0.45s with zero downtime. The Q1 2026 quarterly burn removed over 1.57 million BNB, valued at more than $1 billion. Ondo Global Markets launched 260+ tokenized stocks and ETFs natively on BNB Chain in 2025. BSC-native stablecoin $U reached $1 billion in supply [...] The post BNB Smart Chain Rises in 2026 With Record Speed, Burns, and Expanding RWA Ecosystem appeared first on Blockonomi.

The market is seeing a substantial inflow of funds, but it's not yet enough to completely flip the script.

Google's AI advancements are lagging behind competitors like OpenAI and Anthropic. The readiness of AI models is critical for maintaining a competitive edge in the tech industry. Google's flagship ... The post M.G. Siegler: Google is lagging behind OpenAI and Anthropic, the shift to standalone AI apps is challenging, and strategic missteps could be company-destroying | Big Technology appeared first on Crypto Briefing.

A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.

Ripple expanded its Washington, D.C., office as institutional crypto adoption accelerates and U.S. policymakers debate the future of digital asset regulation. The move emphasizes clear rules, consumer protection, and collaboration with regulators and industry stakeholders. Expanded Washington Presence Reflects Long-Term Policy Engagement Ripple announced on June 2 that it expanded its Washington, D.C., office, reinforcing […]

TLDR UK lawmakers urged regulators to avoid delays in final stablecoin rules. The report said a GBP stablecoin market could support faster and cheaper payments. The committee backed one-to-one reserve backing for stablecoin issuers. Lawmakers questioned proposed holding limits and unremunerated backing asset rules. The report urged HM Treasury to review risks tied to private [...] The post UK House of Lords Pushes Bank of England on Stablecoin Rule Delays appeared first on Blockonomi.

TLDR: Bitwise CIO Matt Hougan says crypto is now a contrarian bet as AI stocks pull capital from digital assets.  The Clarity Act faces uncertain passage, with approval odds ranging from 5% to 55% among insiders. Hyperliquid surged 72% in May 2026, leading a rotation into fundamentals-driven crypto assets. Hougan warns crypto cannot thrive amid [...] The post Bitwise CIO: Crypto Is Now a Contrarian Bet as AI Stocks Steal the Spotlight appeared first on Blockonomi.

After a persistent bearish performance, Ethereum’s price is now hovering below the $2,000 mark, raising questions about its stability. ETH may be struggling with volatility, but its short-term outlook appears to be quite bullish as the altcoin mirrors a historical pattern that presents an impending rebound. ETH’s Price And Investors’ Current Behavior Ethereum is once […]

The U.S. Treasury Department sanctioned Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, placing a sharper compliance spotlight on crypto flows tied to Iran. 4 Exchanges, 4 Nationals Hit as U.S. Expands Iran Crypto Sanctions Campaign The Treasury’s Office of Foreign Assets Control, or OFAC, designated Nobitex, Wallex, Bitpin, […]

TLDR: Ripple opens an expanded D.C. office to deepen engagement with U.S. digital asset policymakers. CLO Stu Alderoty says Ripple builds the future of digital assets with regulators, not around them. The office will serve as a hub for convening regulators, financial institutions, and industry partners. Ripple’s policy focus covers consumer protection, regulatory clarity, and [...] The post Ripple Expands Washington D.C. Office to Shape U.S. Digital Asset Policy appeared first on Blockonomi.

AI agents need comprehensive data context to function effectively, which is driving changes in data management practices. The rise of AI native companies poses a significant threat to traditional e... The post George Fraser: AI agents require centralized data for effectiveness, the rise of AI native companies threatens traditional software, and strategies to restrict data access are emerging | AI + a16z appeared first on Crypto Briefing.

Emotional trauma is closely linked to chronic health issues, highlighting the need for addressing both mind and body in treatment. Optimal health is achieved through regulating stress responses, av... The post Nicole Sachs: Emotional trauma fuels chronic health issues, stress regulation is key to wellness, and personal empowerment transforms healing | Jordan Harbinger appeared first on Crypto Briefing.

Biological neurons are significantly more stable and efficient than traditional reinforcement learning systems. Ethical concerns arise from creating conscious systems due to the potential for suffe... The post Dr. Hon Weng Chong: Biological neurons are 5,000 times more efficient than traditional AI, ethical concerns of conscious systems, and the launch of the world’s first biological data center | TWIST appeared first on Crypto Briefing.

Humanoid robots are expected to integrate into daily life within the next three to five years. The adaptability and multipurpose nature of humanoid robots make them suitable for various jobs. The p... The post Andrew Kang: Humanoid robots will integrate into daily life in three to five years, the market potential could reach trillions, and physical intelligence will revolutionize robotics | The Pomp Podcast appeared first on Crypto Briefing.

AI is poised to be the most transformative era, impacting global productivity and quality of life. An IPO should be considered a milestone in a company's journey, not the ultimate goal. The market ... The post Sarah Friar: AI will transform global productivity, IPOs should be milestones not destinations, and the market favors sustainable companies over popularity | All-In Podcast appeared first on Crypto Briefing.