Palo Alto Networks (PANW) Surpasses Q3 Expectations with 31% Revenue Surge
Palo Alto Networks (PANW) exceeded Q3 estimates with $0.85 EPS and $3B revenue, up 31% YoY. Analysts upgraded targets following strong performance. The post Palo Alto Networks (PANW) Surpasses Q3 Expectations with 31% Revenue Surge appeared first on Blockonomi.
Crypto Power Meets Traditional Strength: How ZunaBet Stacks Up Against Stake.com and Bet365
The online gambling industry is no longer defined by a single style of platform. For years, players had to pick a side. On one end were the traditional operators built on regulated markets and familiar payment methods. On the other were the crypto-first casinos that grew quickly by offering speed and a more modern feel. [...] The post Crypto Power Meets Traditional Strength: How ZunaBet Stacks Up Against Stake.com and Bet365 appeared first on Blockonomi.
12 Days of Red: Are Bitcoin (BTC) ETFs Signaling a Deeper Price Collapse Ahead?
It's the first 12-day outflow streak for spot BTC ETFs since they debuted.
Hoskinson Warns Of Cardano ‘Wave of Failures’ After TapTools Shutdown
Charles Hoskinson warned that Cardano could face a broader “wave of failures” across its ecosystem after TapTools said it is preparing to wind down operations over the next two weeks, citing leadership departures and difficult platform economics. The June 2 livestream marked one of Hoskinson’s sharpest public interventions on Cardano’s current governance and commercialization debate. […]
Netanyahu says Israel, US forces ready for action on Iran
Heightened geopolitical tensions could destabilize markets, increase crypto volatility, and complicate US-Israel diplomatic relations. The post Netanyahu says Israel, US forces ready for action on Iran appeared first on Crypto Briefing.
South Korea triples Canadian crude imports, boosts LNG purchases
South Korea's energy diversification strategy could enhance stability and foster innovative investment opportunities in tokenized energy assets. The post South Korea triples Canadian crude imports, boosts LNG purchases appeared first on Crypto Briefing.
Chile Senate debates Kast’s economic bill amid rising concerns
Kast's economic reforms could boost Chile's investment appeal but face hurdles in Senate approval and crypto sector skepticism. The post Chile Senate debates Kast’s economic bill amid rising concerns appeared first on Crypto Briefing.
Trump accounts reach nearly 6 million openings, 1 million eligible for seed contribution
The initiative could democratize investing, potentially stabilizing markets and fostering a financially literate generation, altering future dynamics. The post Trump accounts reach nearly 6 million openings, 1 million eligible for seed contribution appeared first on Crypto Briefing.
Federal Reserve Bank of New York’s Williams sees no clear path for rates
The Fed's cautious stance may stabilize inflation expectations but could test investor patience, impacting risk assets like cryptocurrencies. The post Federal Reserve Bank of New York’s Williams sees no clear path for rates appeared first on Crypto Briefing.
Russia and Tanzania strengthen ties, celebrate 65 years of diplomacy
Russia's pivot to African partnerships amid Western sanctions could reshape global trade dynamics, with crypto potentially playing a key role. The post Russia and Tanzania strengthen ties, celebrate 65 years of diplomacy appeared first on Crypto Briefing.
US Treasury Secretary Bessent meets with LLM labs in San Francisco
AI's growing influence prompts regulatory focus, impacting global collaboration, investment strategies, and market dynamics significantly. The post US Treasury Secretary Bessent meets with LLM labs in San Francisco appeared first on Crypto Briefing.
Unilever CEO defends merger with McCormick amid investor concerns
The merger could redefine market dynamics, enhancing growth in the flavors sector while allowing Unilever to refocus on personal care. The post Unilever CEO defends merger with McCormick amid investor concerns appeared first on Crypto Briefing.
Cliffwater LLC sees increased redemptions, dragging down private credit stocks
Increased redemptions in private credit funds may prompt investors to reassess risk, liquidity, and the stability of alternative investments. The post Cliffwater LLC sees increased redemptions, dragging down private credit stocks appeared first on Crypto Briefing.
Iranian attack kills one in Kuwait and damages international airport
The attack exacerbates regional tensions, impacting global markets and highlighting the vulnerability of digital assets to geopolitical unrest. The post Iranian attack kills one in Kuwait and damages international airport appeared first on Crypto Briefing.
Israel’s buffer zone expansion in Lebanon faces Hezbollah’s attrition tactics
Israel's buffer zone expansion in Lebanon heightens geopolitical tensions, impacting regional stability and influencing global financial markets. The post Israel’s buffer zone expansion in Lebanon faces Hezbollah’s attrition tactics appeared first on Crypto Briefing.
Tether Launches Visa Card Offering 6% XAUT Cashback
TLDR Tether launched a Visa card that offers up to 6% cashback in XAUT on eligible purchases. The card allows users to spend fiat globally while earning rewards in tokenized gold. Tether partnered with Fasset to issue the card across parts of Asia and Africa. The card converts USDT into fiat at the point of [...] The post Tether Launches Visa Card Offering 6% XAUT Cashback appeared first on Blockonomi.
Defend Developers PAC launches to support software developer protections ahead of elections
DDPAC's emergence highlights the growing political influence of the crypto sector, potentially leading to clearer regulations and increased market stability. The post Defend Developers PAC launches to support software developer protections ahead of elections appeared first on Crypto Briefing.
US energy prices lower than Europe and Asia, says Secretary Wright
US energy cost advantage strengthens economic and diplomatic leverage, boosting exports and growth while stabilizing domestic markets. The post US energy prices lower than Europe and Asia, says Secretary Wright appeared first on Crypto Briefing.
SDNY prosecutors scrutinize private credit valuation discrepancies
Increased scrutiny on private credit valuations may lead to stricter regulations, impacting investor confidence and reshaping market practices. The post SDNY prosecutors scrutinize private credit valuation discrepancies appeared first on Crypto Briefing.
Netanyahu: Israel and US forces prepared for potential action against Iran
Heightened military readiness may strain US-Iran diplomacy, reducing chances for peace and increasing regional instability risks. The post Netanyahu: Israel and US forces prepared for potential action against Iran appeared first on Crypto Briefing.
Israeli attack on Lebanon escalates tensions, impacts ceasefire prospects
The attack heightens regional instability, complicating peace efforts and increasing the risk of broader military conflicts in the future. The post Israeli attack on Lebanon escalates tensions, impacts ceasefire prospects appeared first on Crypto Briefing.
Lebanon’s aviation regulator audits Middle East Airlines amid pilot safety concerns
Lebanon's economic crisis and aviation safety issues may accelerate crypto adoption, impacting regional financial stability and investment trends. The post Lebanon’s aviation regulator audits Middle East Airlines amid pilot safety concerns appeared first on Crypto Briefing.
US crude oil inventories fall by 8M barrels, EIA reports
A significant drop in US oil inventories could lead to higher oil prices, impacting energy costs and potentially altering crypto mining profitability. The post US crude oil inventories fall by 8M barrels, EIA reports appeared first on Crypto Briefing.
Reserve Bank of India denies media report of $12B gold sale
RBI's gold reserve strategy underscores a commitment to economic stability, signaling a preference for safeguarding assets amid currency volatility. The post Reserve Bank of India denies media report of $12B gold sale appeared first on Crypto Briefing.
New York and EU Regulators Agree on Stablecoin Monitoring
The New York State Department of Financial Services (NYDFS) and the European Banking Authority (EBA) have signed a memorandum of understanding for joint oversight of the stablecoin market. The agreement aims to strengthen cross-border cooperation under MiCA. The regulators have agreed to exchange confidential information about issuers whose activities impact markets in both jurisdictions. According to the document, the agencies will share data on: licensing and registration denials; issuance volumes and number of asset holders; reserve composition and liquidity management; stress test results and audit findings; investigations and imposed sanctions. Some information, including reports on reserve composition and company ownership structure, will be shared quarterly without a special request. The memorandum also provides for mutual assistance during on-site inspections and coordination in crisis situations or ICT system failures. “The agreement marks an important milestone in strengthening transatlantic cooperation. It reflects our commitment to creating a globally coordinated supervisory framework for crypto-assets,” said EBA Chair François-Louis Michaud. Acting NYDFS Superintendent Caitlin Asrow added that international collaboration is necessary to protect consumers and promote responsible innovation. The EBA emphasized that before signing the document, the professional secrecy regime in NYDFS was recognized as equivalent to EU standards. The agreement exclusively pertains to stablecoin operations and does not affect other business areas of supervised entities. In May, JPMorgan CEO Jamie Dimon criticized the US crypto market structure bill amid a debate over stablecoin rewards.
Charles Schwab Launches 24/7 Bitcoin Futures Trading on thinkorswim
Bitcoin Magazine Charles Schwab Launches 24/7 Bitcoin Futures Trading on thinkorswim Charles Schwab launched near-24/7 Bitcoin futures trading on thinkorswim, marking its first round-the-clock product as it deepens crypto market access. This post Charles Schwab Launches 24/7 Bitcoin Futures Trading on thinkorswim first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Crypto PACs Sweep June Primaries Across Key States
TLDR Crypto PACs backed 11 candidates and all advanced or won their primary races. Fairshake affiliates supported candidates across California, New Jersey, South Dakota, and Texas. The endorsed candidates included supporters of the CLARITY Act and the GENIUS Act. Industry-backed groups spent more than $9 million in Texas primaries. Representative Al Green lost his primary [...] The post Crypto PACs Sweep June Primaries Across Key States appeared first on Blockonomi.
Winklevoss twins move $67M Bitcoin as BTC selloff fears mount
Winklevoss twins have transferred 1,000 Bitcoin worth about $67.5 million to a Gemini-linked hot wallet, drawing attention as Bitcoin trades near multi-month lows amid escalating market pressure. According to on-chain data from Arkham Intelligence, wallets associated with Gemini co-founders Cameron…
Whale.io Launches Whale Printer: $WHALE Token Staking
[PRESS RELEASE – Mahe, Seychelles, June 3rd, 2026] Whale.io is excited to announce the official launch of The Whale Printer, an on-platform staking system for the native $WHALE token. The feature enables eligible token holders to lock $WHALE for fixed periods in exchange for predetermined token rewards. The staking system is structured around three lock-up […]
Grayscale debuts cheapest Hyperliquid ETF as rivals race for HYPE inflows
Grayscale's new ETF could democratize access to decentralized finance, potentially increasing mainstream adoption and market participation. The post Grayscale debuts cheapest Hyperliquid ETF as rivals race for HYPE inflows appeared first on Crypto Briefing.
Crypto Selloff Wipes $1.6B in Longs, XRP Validator Speaks
TLDR Crypto markets recorded $1.8 billion in liquidations within 24 hours. Long positions accounted for $1.6 billion of the total losses. The selloff marked the largest single-day liquidation since February 5. Major cryptocurrencies in the top 10 fell between 2% and 6%. XRP validator Vet reacted to the $1.6 billion long wipeout on X. A [...] The post Crypto Selloff Wipes $1.6B in Longs, XRP Validator Speaks appeared first on Blockonomi.
Kraken-linked Payward opens tokenized U.S. IPO access to retail investors
Kraken-affiliated Payward Services has unveiled a tokenized IPO program that would give retail investors access to U.S. public offerings. According to Payward Services, customers of Kraken and selected members of its xStocks Alliance will soon be able to register interest…
Top 5 RPC Node Providers Powering Web3 Growth in 2026
Blockchain apps depend on strong infrastructure to work well. Wallets must show live balances. Exchanges track incoming deposits. DeFi tools pull on-chain data. Trading platforms need steady links to networks like Ethereum and Solana. This is where step in. They […] The post Top 5 RPC Node Providers Powering Web3 Growth in 2026 appeared first on Blockmanity.
IQM Secures $146 Million in Funding Ahead of IPO
Finnish quantum company IQM and SPAC entity Real Asset Acquisition Corp. have increased their PIPE financing from $134 million to $146 million, thanks to a new commitment from Ilmarinen. The funds will be used to advance technology and commercial operations ahead of their listing on Nasdaq and the Helsinki Stock Exchange.
Amazon (AMZN) Stock: Why Analysts Maintain Bullish Stance With $320+ Price Targets
Amazon (AMZN) stock maintains strong analyst support with $320+ targets from Wolfe and UBS, backed by AWS growth projections and supply chain expansion. The post Amazon (AMZN) Stock: Why Analysts Maintain Bullish Stance With $320+ Price Targets appeared first on Blockonomi.
IREN (IREN) Stock Surges 5% on 800MW Australian Data Center Announcement
IREN stock surged 5% premarket after unveiling an 800MW South Australia data center and receiving a Canaccord price target increase to $79. The post IREN (IREN) Stock Surges 5% on 800MW Australian Data Center Announcement appeared first on Blockonomi.
Anchorage Digital Powers Custody for New Real Finance Assets as Tokenization Grows
Anchorage Digital has partnered with Real Finance to support the full lifecycle of tokenized real-world assets. Building a Unified Institutional Framework The federally chartered crypto bank Anchorage Digital has partnered with Real Finance, an EVM-compatible Layer 1 blockchain focused on real-world asset tokenization, to support the full lifecycle of tokenized assets. The companies said the […]
Mastercard Enables RLUSD Across Blockchain Networks
TLDR Mastercard expanded its settlement infrastructure to support RLUSD and other dollar-backed stablecoins across multiple blockchain networks. The company enabled settlement on XRPL, Ethereum, Solana, Arbitrum, and Base for approved digital assets. Ripple’s RLUSD was included alongside USDC, PYUSD, USDG, USDP, and SoFiUSD within the updated framework. Mastercard said partners can access intraday and weekend [...] The post Mastercard Enables RLUSD Across Blockchain Networks appeared first on Blockonomi.
Gaza conflict ends with hostages released, says Secretary Rubio
The de-escalation in Gaza may enhance regional peace prospects and influence diplomatic dynamics in Middle East ceasefire discussions. The post Gaza conflict ends with hostages released, says Secretary Rubio appeared first on Crypto Briefing.
Navitas Semiconductor (NVTS) Stock Soars 262% YTD on AI Infrastructure Boom
Navitas Semiconductor (NVTS) stock jumped 61% in May on strong Q1 results, Nvidia partnership, and AI power demand. Up 262% YTD with bullish outlook ahead. The post Navitas Semiconductor (NVTS) Stock Soars 262% YTD on AI Infrastructure Boom appeared first on Blockonomi.
Laser Photonics (LASE) Stock Soars 39% on Defense Department Anti-Drone Selection
Laser Photonics (LASE) stock jumped 39% premarket after the Department of War selected its Laser Shield Anti-Drone system under the MEIA Vulcan program. The post Laser Photonics (LASE) Stock Soars 39% on Defense Department Anti-Drone Selection appeared first on Blockonomi.
Top 5 High-Yield Dividend Stocks for Income Investors in 2026
Discover 5 high-yield dividend stocks for 2026: Realty Income, Verizon, Pfizer, Chevron, and AbbVie offer strong cash flow and consistent payouts. The post Top 5 High-Yield Dividend Stocks for Income Investors in 2026 appeared first on Blockonomi.
Williams: New tariffs unlikely to impact inflation significantly
Stable monetary policy amid minimal tariff impact suggests continued economic balance, reducing likelihood of significant rate changes. The post Williams: New tariffs unlikely to impact inflation significantly appeared first on Crypto Briefing.
XRP Bulls on Alert as June Marks Historical Weakest Month Since 2018
XRP’s historical data suggests that the asset may face further price declines this month as June proves to be one of XRP’s weakest-performing months.
Michael Burry Maintains Bearish Stance on Palantir (PLTR) Stock in 2026
Michael Burry maintains his short position on Palantir (PLTR), calling it overvalued. Shares down 14% YTD despite beating Q1 earnings expectations. The post Michael Burry Maintains Bearish Stance on Palantir (PLTR) Stock in 2026 appeared first on Blockonomi.
Evernorth Says Banks Already Using XRP for EURCV
TLDR Evernorth stated that real banks are already using XRP through regulated stablecoin issuance. Société Générale launched its EURCV stablecoin on the XRP Ledger and other public blockchains. EURCV operates under the European Union’s MiCA regulatory framework. Evernorth said the next 18 months will determine scale, chain selection, and compliance models. The firm emphasized that [...] The post Evernorth Says Banks Already Using XRP for EURCV appeared first on Blockonomi.
Aave Says Operations Back to Normal as $300M Backstop Replaces Drained Assets
Decentralized finance protocol Aave recently revealed that it has fully restored liquidity to its lending pools following a $300 million cross-chain exploit. The Anatomy of the Exploit Decentralized finance ( DeFi) pioneer Aave has successfully restored full liquidity to its lending pools, capping off an aggressive multi-week stabilization effort following a $300 million cross-chain exploit […]
UK regulator warns Premier League clubs over unauthorized crypto sponsors
The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout.
Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK
Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK.
Dozens of Companies at Risk? Cardano Founder Responds to Critics With Warning
Cardano founder Charles Hoskinson explains what might be at stake amid economic challenges facing the ecosystem.
Bitcoin Price Faces $20K Risk as Schiff Flags Complacency
TLDR Peter Schiff warned that Bitcoin could fall below $20,000 if it breaks the $50,000 level. He said excessive complacency suggests the market is not near a bottom. Schiff argued that a sharp drop could push long-term holders to exit positions. Strategy sold 32 BTC to fund preferred dividends while holding over 843,000 BTC. CryptoQuant [...] The post Bitcoin Price Faces $20K Risk as Schiff Flags Complacency appeared first on Blockonomi.
IAEA Sounds Alarm on Iran’s Unmonitored Nuclear Stockpile After June Strikes
IAEA warns Iran's nuclear material is unverified after US-Israeli strikes halted inspections. Conflicting reports emerge on whether peace talks continue. The post IAEA Sounds Alarm on Iran’s Unmonitored Nuclear Stockpile After June Strikes appeared first on Blockonomi.
CrowdStrike (CRWD) Stock: Ex-NVIDIA AI Leader Named Chief AI Officer
CrowdStrike (CRWD) stock rises as company hires ex-NVIDIA AI leader Dr. Bartley Richardson as Chief AI Officer to advance autonomous cybersecurity systems. The post CrowdStrike (CRWD) Stock: Ex-NVIDIA AI Leader Named Chief AI Officer appeared first on Blockonomi.
Nous Research Unveils Self-Learning AI Agent
The open-source AI agent Hermes from Nous Research has been equipped with memory, retained skills, a task scheduler, and support for Telegram, Slack, and other channels. The solution also features a new desktop client for macOS and Windows, simplifying the launch and operation of the personal assistant on one's own infrastructure.
Eli Lilly (LLY) Secures $1.9 Billion Partnership With Ascidian for Kidney Disease Therapies
Eli Lilly (LLY) partners with Ascidian Therapeutics in a $1.9B deal to develop RNA-based kidney disease treatments. Stock drops 1.67% on announcement. The post Eli Lilly (LLY) Secures $1.9 Billion Partnership With Ascidian for Kidney Disease Therapies appeared first on Blockonomi.
Navitas Semiconductor (NVTS) Stock Surges on NVIDIA AI Infrastructure Partnership
Navitas Semiconductor (NVTS) stock rallied 21% pre-market after showcasing GaN and SiC power systems for AI data centers in NVIDIA's MGX ecosystem. The post Navitas Semiconductor (NVTS) Stock Surges on NVIDIA AI Infrastructure Partnership appeared first on Blockonomi.
SEC Highlights Crypto in Its Strategic Plan for Fiscal Years 2026–2030
Bitcoin Magazine SEC Highlights Crypto in Its Strategic Plan for Fiscal Years 2026–2030 The U.S. Securities and Exchange Commission’s 2026–2030 draft plan under Paul S. Atkins prioritizes clearer crypto regulation, reduced enforcement overreach, and modernization of agency systems to support innovation while protecting investors. This post SEC Highlights Crypto in Its Strategic Plan for Fiscal Years 2026–2030 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Ripple’s RLUSD in Focus as Mastercard Expands Stablecoin Strategy
Ripple's XRP Ledger is also involved in the new initiative, alongside Ethereum, Solana, and others.
WLFI Raises Alert: Sanctioned Wallets Could Trigger Crypto Transfer Blocks
Senators Elizabeth Warren and Jack Reed had already been watching World Liberty Financial (WLFI) closely before Tuesday’s compliance notice, calling on US authorities last year to review whether addresses tied to Russia, North Korea, and the blacklisted privacy mixer Tornado Cash had bypassed the project’s early presale screenings. Related Reading: Corporate Giant Eyes $4.2 Billion […]
Mastercard Opens Stablecoin Settlement to 6 Partners Across USDC, RLUSD and PYUSD
Mastercard is expanding its global settlement network to include regulated stablecoins, intraday options, and weekend and holiday processing, giving card issuers and acquirers new tools to manage liquidity beyond traditional banking hours. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be […]
Tether partners with Fasset to let users spend and earn tokenized gold via Visa network
The partnership enhances financial stability and accessibility, promoting tokenized gold as a viable alternative in volatile economies. The post Tether partners with Fasset to let users spend and earn tokenized gold via Visa network appeared first on Crypto Briefing.
Uranium Stocks Rally as Urenco Announces Major U.S. Enrichment Expansion
Nuclear stocks rallied Tuesday after Urenco announced a 50% expansion of its uranium enrichment facility and Three Mile Island won federal restart approval. The post Uranium Stocks Rally as Urenco Announces Major U.S. Enrichment Expansion appeared first on Blockonomi.
Trump’s New AI Executive Order Grants Federal Government 30-Day Preview Period for Advanced Models
Trump's AI executive order grants government voluntary 30-day early access to advanced models before public release, driven by Anthropic's Mythos cybersecurity risks. The post Trump’s New AI Executive Order Grants Federal Government 30-Day Preview Period for Advanced Models appeared first on Blockonomi.
Binance Ends NFT Service, Sets July 3 Withdrawal Deadline
TLDR Binance will close its centralized NFT service on July 3, 2026, and require users to withdraw eligible assets before the deadline. The exchange stated that NFTs not withdrawn by 23:59 UTC on July 3 will become inaccessible on the Binance platform. Non-transferable NFTs, including Binance Academy certificates, cannot be withdrawn and will be replaced [...] The post Binance Ends NFT Service, Sets July 3 Withdrawal Deadline appeared first on Blockonomi.
BDx Expands Capacity by 1.2 GW in Indonesia
Singapore-based data center operator BDx has partnered with state-owned energy company PLN, describing it as the largest energy commitment for a data center operator in the country. The project includes several AI campuses with a total capacity of approximately 1.2 GW. BDx's portfolio in the region comprises 18 data centers and 50 edge sites.
$GCOIN Lists on WEEX: Five Exchanges This June as Real Utility Drives Global Expansion
[PRESS RELEASE – Tel Aviv, Israel, June 3rd, 2026] The market moves, $GCOIN leads. Today, $GCOIN officially lists on leading global exchange WEEX – marking the powerful start of five major exchange listings scheduled for this June alone. This coordinated global expansion is engineered to significantly expand accessibility , lower entry barriers for retail users, […]
Blockmaze Defines the Future of RWA Tokenisation with Compliance-First Infrastructure for a $500T On-Chain World
[PRESS RELEASE – Dubai, UAE, June 3rd, 2026] Backed by Finvasia Group, Blockmaze bridges traditional finance and blockchain through compliance-first infrastructure designed to bring trust, transparency, and legal recognition to tokenised assets Blockmaze, the largest regulated ecosystem for tokenised assets backed by Finvasia Group, is setting new standards by building the most compliant infrastructure to […]
UK FCA Warns Football Clubs Over Crypto Sponsorship Deals
TLDR The U.K. FCA warned football clubs about sponsorship deals with unauthorized crypto firms. The regulator said some firms may be providing regulated services without proper authorization. Officials stated that unlawful financial promotions are criminal offences under U.K. law. The FCA said such partnerships could expose clubs to legal, operational, and reputational risk. Lucy Castledine [...] The post UK FCA Warns Football Clubs Over Crypto Sponsorship Deals appeared first on Blockonomi.
GameStop (GME), Marvell (MRVL), and Intel (INTC) Lead Pre-Market Gainers Today
GameStop shares jump 12% on record earnings, Marvell extends rally on $1T talk, Intel rises on chip demand. GitLab drops on layoffs. Market analysis inside. The post GameStop (GME), Marvell (MRVL), and Intel (INTC) Lead Pre-Market Gainers Today appeared first on Blockonomi.
Kraken’s Payward Unlocks US IPO Access via xStocks Platform
Payward launches xStocks IPO access for Kraken users, offering tokenized equity allocations at offering prices before public trading begins. The post Kraken’s Payward Unlocks US IPO Access via xStocks Platform appeared first on Blockonomi.
Marvell (MRVL) Stock Soars 45% — What’s Driving This Historic Rally?
Marvell (MRVL) stock exploded 45% in two days after Nvidia CEO Jensen Huang predicted trillion-dollar valuation. S&P 500 inclusion could be next. The post Marvell (MRVL) Stock Soars 45% — What’s Driving This Historic Rally? appeared first on Blockonomi.
Bloomberg Predicts Harshest Crypto Winter in History
The digital asset industry is experiencing its most severe downturn due to a combination of factors. According to Joe Weisenthal and Tracy Alloway, hosts of Bloomberg's Odd Lots podcast, the current period is marked not just by falling prices but by a "loss of faith" and a systemic crisis of ideas. Weisenthal emphasized that while Bitcoin has seen deeper declines in its history, the current situation is distinguished by the demoralization of market participants. Key reasons identified by experts include: collapse of protective narratives: the first cryptocurrency failed to confirm its status as an inflation hedge — amid dollar instability, investors preferred gold; competition with AI: the artificial intelligence sector has begun actively absorbing capital, engineering talent, and investor attention. Additionally, miners are forced to compete with AI data centers for electricity; institutionalization issues: the launch of spot ETFs and mainstream adoption have deprived the market of the "early-stage" development argument. Meanwhile, Wall Street's interest has shifted from trading activity to stablecoins and tokenization; technological risks: the hosts mentioned the threat from quantum computing to cryptographic security and pressure from corporate holders who may begin selling off their reserves. The situation is exacerbated by an "identity crisis" amid the absence of new growth drivers. According to Weisenthal and Alloway, even the launch of powerful models like Claude 4.6 from Anthropic and GPT-5.3 from OpenAI is drawing attention away, leaving the crypto sphere in the shadow of technological progress. At the time of writing, Bitcoin is trading at $66,975, Ethereum at $1,874, and Solana at $74.97. Despite high levels relative to past cycles, experts insist that structurally this "cold" is the harshest in the industry's history. Source: CoinGecko. Earlier, on June 2, the price of the first cryptocurrency fell below $70,000. The decline occurred amid escalating tensions between the US and Iran, as well as due to Strategy's sale of part of its reserves.
May Employment Data Surpasses Expectations in ADP Report
May employment data reveals 122,000 private jobs added, exceeding forecasts of 117K-120K. Broad-based gains signal steady labor market momentum ahead of BLS report. The post May Employment Data Surpasses Expectations in ADP Report appeared first on Blockonomi.
Grayscale’s HYPG Launches on Nasdaq as Most Affordable Hyperliquid ETF Option
Grayscale's HYPG launches on Nasdaq with 0.29% fee, undercutting rival Hyperliquid ETFs while providing HYPE exposure and staking rewards to investors. The post Grayscale’s HYPG Launches on Nasdaq as Most Affordable Hyperliquid ETF Option appeared first on Blockonomi.
T1 Energy (TE) Stock Climbs 15% Following KORE Power Deal and Bullish Analyst Coverage
T1 Energy (TE) stock jumped 15.66% on news of KORE Power acquisition and Northland's Outperform rating with $16 target, implying 33% upside potential. The post T1 Energy (TE) Stock Climbs 15% Following KORE Power Deal and Bullish Analyst Coverage appeared first on Blockonomi.
Uber Imposes Monthly AI Spending Limit for Employees
Uber has set a $1500 monthly limit per employee for the use of AI services. The restriction applies to coding tools like Claude Code and Cursor, according to Bloomberg. Expenses for each service are tracked separately. Employees monitor their spending through an internal dashboard and can request additional funding in special cases. Uber stated that the limits are intended to help "responsibly" develop experiments with agent AI within the company. According to Bloomberg, the measure was introduced in recent months and applies only to programming tools. The decision followed a rapid increase in internal AI usage. In April, Uber's CTO Pravin Nepalli Naga reported that the company had already exhausted its annual AI budget. Previously, Uber encouraged employees to use AI "as much as possible" and compared teams based on activity in internal rankings. In May, Uber CEO Dara Khosrowshahi stated that about 10% of the company's code changes are generated by AI agents. He noted that the use of such tools has increased not only among developers but also in legal and marketing teams. Uber also announced that it will slow down hiring, considering the impact of internal AI application. Uber COO Andrew Macdonald acknowledged that the company still finds it challenging to directly link the rise in AI spending to the emergence of new useful features for customers. He mentioned that such a connection might become clearer in the future, but it is currently difficult to establish even with the growth of internal metrics. Back in November 2025, Uber launched a driverless taxi service in Abu Dhabi.
XRP Falls Below Key Support Despite Bullish Signals
The XRP token has dropped over 3% in the past day, reaching $1.23. Amid the decline, approximately 25 million XRP were withdrawn from centralized exchanges. The next significant support level is considered to be around $1.2, with a breach potentially leading to the $1.13-$1.15 zone.
BlackBerry (BB) Stock Soars 22% as QNX Division Shows Strong Growth
BlackBerry (BB) stock jumped 22% as CFO confirms turnaround completion. QNX revenue rose 20% with $950M backlog ahead of June 25 earnings. The post BlackBerry (BB) Stock Soars 22% as QNX Division Shows Strong Growth appeared first on Blockonomi.
DOJ, CFTC Investigate Santos Over Kalshi Event Trades
TLDR The Department of Justice and the Commodity Futures Trading Commission are investigating George Santos over trades tied to a February event market. Kalshi detected suspicious activity linked to his State of the Union attendance and froze his account. Santos allegedly bet he would not attend after publicly stating he planned to appear at the [...] The post DOJ, CFTC Investigate Santos Over Kalshi Event Trades appeared first on Blockonomi.
Trump claims responsibility for starting US-Iran war, denies Israeli influence
Trump's assertion of initiating the US-Iran war underscores heightened military tensions, reducing prospects for diplomatic resolutions. The post Trump claims responsibility for starting US-Iran war, denies Israeli influence appeared first on Crypto Briefing.
Is Zcash Really Next Bitcoin? Crypto King Barry Silbert Revives Viral '1%' Prediction
Barry Silbert brings back his viral 1% Bitcoin market cap prediction for Zcash (ZEC) as institutional inflows into Grayscale spike.
The U.S. Bitcoin Reserve blueprint is due in July
The U.S. Strategic Bitcoin Reserve blueprint is due in July 2026. Here’s what exists now, what Congress may change, and whether the U.S. will buy BTC.
Grayscale Launches HYPG Hyperliquid ETF on Nasdaq
TLDR Grayscale launched the HYPG Hyperliquid Staking ETF on Nasdaq with a 0.29% sponsor fee. The HYPG fee undercuts competing products from Bitwise and 21Shares. The ETF provides exchange-traded exposure to Hyperliquid’s native token HYPE. HYPE ranks as the tenth-largest cryptocurrency with a $15.8 billion market cap. The Commodity Futures Trading Commission approved the first [...] The post Grayscale Launches HYPG Hyperliquid ETF on Nasdaq appeared first on Blockonomi.
Intel (INTC) Stock Rallies 6% After CEO Reframes TSMC Relationship at Computex
Intel (INTC) stock rose 6% after CEO Lip-Bu Tan's Computex keynote, Xeon 6 Plus launch, and analyst upgrades from Mizuho, Wells Fargo, and Barclays. The post Intel (INTC) Stock Rallies 6% After CEO Reframes TSMC Relationship at Computex appeared first on Blockonomi.
AMD (AMD) Stock: Board Member Offloads $5.4M Stake as Shares Surge — Red Flag or Routine?
AMD director sold $5.4M in shares near 52-week highs. With strong earnings and AI growth, should investors be concerned about this insider transaction? The post AMD (AMD) Stock: Board Member Offloads $5.4M Stake as Shares Surge — Red Flag or Routine? appeared first on Blockonomi.
Stripe, Visa and Mastercard are close to launching a joint stablecoin platform: Report
The collaboration could significantly enhance digital payment systems, potentially reshaping global financial transactions and infrastructure. The post Stripe, Visa and Mastercard are close to launching a joint stablecoin platform: Report appeared first on Crypto Briefing.
Xos (XOS) Stock Skyrockets 200% on Revolutionary Power Hub Launch
Xos (XOS) stock soared over 200% after introducing the Power Hub, a mobile energy storage system that eliminates grid connection wait times for data centers. The post Xos (XOS) Stock Skyrockets 200% on Revolutionary Power Hub Launch appeared first on Blockonomi.
Cardano Inks a Major Deal in Brazil: But ADA Still Faces Breakdown Fears
Despite the collaboration, ADA dropped to a five-year low.
Zcash (ZEC) Network Shutdown Is False, Says Helius CEO With Proof
Despite initial reports, Zcash is fine and didn't go through shutdown and had no issues with block production.
Trezor says Safe 7 chip flaw found by Ledger does not put funds at risk
Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure.
Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement
The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains.
IREN Limited (IREN) Stock Surges 5.61% on Massive Australian AI Data Center Announcement
IREN (IREN) stock jumped 5.61% pre-market after announcing an 800MW AI data center campus transmission deal in South Australia's Bundey region. The post IREN Limited (IREN) Stock Surges 5.61% on Massive Australian AI Data Center Announcement appeared first on Blockonomi.
S&P 500 Chases Historic Rally as Crude Surges on U.S.-Iran Conflict
S&P 500 targets longest rally since 1995 as oil surges near $98 on U.S.-Iran strikes. Dow futures dip 0.4% with new tariffs adding pressure. The post S&P 500 Chases Historic Rally as Crude Surges on U.S.-Iran Conflict appeared first on Blockonomi.
Why GitLab (GTLB) Stock Tumbled Despite Strong Q1 Earnings Beat
GitLab (GTLB) stock dropped 5% despite beating Q1 earnings and raising guidance. Weak Q2 outlook and 14% workforce reduction weighed on investor sentiment. The post Why GitLab (GTLB) Stock Tumbled Despite Strong Q1 Earnings Beat appeared first on Blockonomi.
Zcash Foundation fixes Orchard bug with Zebra emergency upgrade
Zcash Foundation fixed a critical Orchard bug with Zebra 5.0.0 after an emergency soft fork, saying funds and privacy stayed secure on-chain
XRP Marks 14th Birthday While Ripple Expands DC Presence
XRP marked its 14th anniversary on Tuesday, June 2, with Ripple executives and long-time community figures reflecting on the asset’s origins just as the company announced a larger footprint in Washington, D.C. The timing places XRP’s history and Ripple’s policy ambitions side by side, at a moment when US digital asset regulation remains a central […]
Palo Alto Networks (PANW) Surpasses Q3 Expectations with 31% Revenue Surge
Palo Alto Networks (PANW) exceeded Q3 estimates with $0.85 EPS and $3B revenue, up 31% YoY. Analysts upgraded targets following strong performance. The post Palo Alto Networks (PANW) Surpasses Q3 Expectations with 31% Revenue Surge appeared first on Blockonomi.
George Santos under DOJ investigation over Kalshi trades tied to Trump speech
Federal investigators have opened a probe into former U.S. Representative George Santos after suspicious prediction market trades allegedly generated tens of thousands of dollars around President Donald Trump’s February State of the Union address. NPR reported that the Department of…
Okta (OKTA) Stock Soars 30% on Earnings — AI Identity Boom Fuels Rally
Okta (OKTA) stock surged 30% after beating Q1 estimates with $765M revenue. AI agent identity demand drives growth as UBS sets $130 price target. The post Okta (OKTA) Stock Soars 30% on Earnings — AI Identity Boom Fuels Rally appeared first on Blockonomi.
Ulta Beauty (ULTA) Stock Surges on Strong Q1 Earnings Beat and Raised Guidance
Ulta Beauty (ULTA) stock soared 7.5% after hours following a Q1 earnings beat with $7.74 EPS. The retailer raised full-year guidance on strong sales. The post Ulta Beauty (ULTA) Stock Surges on Strong Q1 Earnings Beat and Raised Guidance appeared first on Blockonomi.
Medtronic (MDT) Stock Surges on Q4 Beat Despite Tariff Headwinds and Weak FY27 Outlook
Medtronic (MDT) stock beats Q4 with $9.81B revenue. Cardiac Ablation jumps 78%, but FY27 guidance misses estimates amid rising tariff costs. The post Medtronic (MDT) Stock Surges on Q4 Beat Despite Tariff Headwinds and Weak FY27 Outlook appeared first on Blockonomi.