How low can Bitcoin price go if $60K support fails?
Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar.
Peter Schiff Blames Bitcoin Price Dip on Strategy's Steady Accumulation
Peter Schiff dismisses claims that Bitcoin’s ongoing price dip was influenced by Strategy’s recent 32 BTC sale, noting that there’s more to it.
Morgan Stanley Links Clients to Galaxy for Crypto ETPs
TLDR Morgan Stanley introduced a referral arrangement with Galaxy Digital for eligible wealth clients. Clients can lend Bitcoin, Ether, or Solana and receive spot crypto ETP shares in return. Galaxy will coordinate in-kind share creation with an authorized participant for settlement. The transaction minimum for referred clients drops from $25 million to $5 million. The [...] The post Morgan Stanley Links Clients to Galaxy for Crypto ETPs appeared first on Blockonomi.
Jeff Bezos Confirms Blue Origin Recovery Timeline After New Glenn Rocket Disaster
Blue Origin's New Glenn rocket exploded in May 2026, shaking space stocks. Jeff Bezos says they're on track for 2026 launches despite AST and Karman declines. The post Jeff Bezos Confirms Blue Origin Recovery Timeline After New Glenn Rocket Disaster appeared first on Blockonomi.
Grayscale pursues Canton Coin ETF after Hyperliquid debut
Grayscale Investments has filed with the U.S. Securities and Exchange Commission to launch a spot Canton Coin exchange-traded fund, extending its recent push into crypto investment products just days after its Hyperliquid staking ETF began trading. According to a registration…
Bitcoin Crumbles Toward $60K, Strategy Sold BTC, Zcash Faces Critical Vulnerability: Weekly Crypto Recap
Many cryptocurrencies charted multi-month or even yearly lows in the past week. ADA is among the poorest performers.
Volodymyr Zelenskyy proposes direct peace talks with Vladimir Putin in open letter
A direct peace dialogue could stabilize global markets, easing energy and agricultural disruptions, and potentially reshape geopolitical dynamics. The post Volodymyr Zelenskyy proposes direct peace talks with Vladimir Putin in open letter appeared first on Crypto Briefing.
Nassau County agency defaults on $36M tobacco bond payment, marking first-ever default in $80B sector
The default signals increased risk in the municipal bond market, prompting investors to reassess the reliability of similar securities. The post Nassau County agency defaults on $36M tobacco bond payment, marking first-ever default in $80B sector appeared first on Crypto Briefing.
C12 Accelerates Production of Carbon Nanotube Quantum Chips
Paris-based startup C12 has unveiled its proprietary Pick & Place technology for the precise manufacturing of quantum processors using carbon nanotubes. Source: C12. The method enables the transfer of individual nanotubes onto silicon chips with micrometer precision in vacuum or inert atmospheres. A key feature of this approach is the ability to pre-test and select nanotubes before integrating them into the crystal, addressing one of the main challenges of quantum equipment—the variability of qubit characteristics. According to the company, by optimizing and partially automating the process, engineers assembled 50 devices over the past four weeks. For comparison, in 2025, it took an entire year to assemble a similar number of components. The Pick & Place technology also facilitates the creation of multi-qubit structures. As evidence, C12 demonstrated the High-Density chip, which integrates 17 quantum devices on a single substrate. “We have adapted advanced semiconductor packaging principles to the nanoscale. This opens up possibilities for mass production of quantum chips,” said C12's Chief Technology Officer Mathieu Desjardins. The development is part of the company's roadmap, published in April 2026. The strategy envisions transitioning from the first logical qubit to systems with 100,000 physical qubits by 2033. C12 emphasized that establishing a reproducible manufacturing base is critical to achieving these goals. Source: C12. On June 1, D-Wave Quantum revealed plans to develop a fault-tolerant quantum computer with 100 logical qubits by 2032.
The "Strategy" Sale and the Bitcoin Treasury Debate
Bitcoin (BTC) markets have experienced significant pressure throughout the first week of June 2026, dropping toward the $60,000–$64,000 range.
Microsoft (MSFT) Stock: Proprietary AI Models Signal Strategic Shift at Build 2026
Microsoft (MSFT) stock gains analyst support with $540 target after unveiling seven proprietary AI models at Build 2026 and beating Q3 earnings estimates. The post Microsoft (MSFT) Stock: Proprietary AI Models Signal Strategic Shift at Build 2026 appeared first on Blockonomi.
Coinbase (COIN) Shares Plunge 6% Following Baird’s Price Target Downgrade
Coinbase (COIN) stock dropped 6% after Baird lowered its price target to $142, warning of weak Q2 volumes and dimming hopes for crypto-friendly legislation. The post Coinbase (COIN) Shares Plunge 6% Following Baird’s Price Target Downgrade appeared first on Blockonomi.
Bitcoin Accumulation Case Builds as Five Key Indicators Hit Rare Historical Lows
TLDR: The Crosby Ratio Z-score is near -1.7, placing it above 99.8% of all daily readings in Bitcoin’s history. Bitcoin’s weekly RSI and Crosby Ratio both reference the same four historical lows, confirming rare momentum conditions. The SOPR and Mayer Multiple are simultaneously in their bottom fifth percentile, a condition seen only a few times [...] The post Bitcoin Accumulation Case Builds as Five Key Indicators Hit Rare Historical Lows appeared first on Blockonomi.
Zcash Plans Upgrade Following Orchard Counterfeit Bug
TLDR Zcash developers are evaluating a new shielded pool to strengthen supply verification after patching the Orchard vulnerability. Shielded Labs proposed turnstile accounting to improve transparency for coins exiting the Orchard pool. The team confirmed that the flaw could have enabled counterfeit ZEC, although prior exploitation is considered unlikely. ZEC price dropped nearly 50% after [...] The post Zcash Plans Upgrade Following Orchard Counterfeit Bug appeared first on Blockonomi.
Visa tests private stablecoin settlement on Canton Network with Brale SBC
Visa has tested stablecoin settlement using Brale’s SBC token on the Canton Network, as global stablecoin issuance has surpassed $300 billion, according to S&P Global Ratings. According to a joint announcement from Visa, Brale, and Canton Network participants, the companies…
XRP Sell-off Hits $1.09 as Traders Face Fresh Downside Risk
XRP is testing support near $1.09 as persistent selling pressure keeps the token pinned near recent lows. Weak momentum and bearish technical signals continue to favor the downside. XRP Downtrend Deepens as Sellers Keep Control At 10:14 a.m. ET on June 5, XRP was trading at $1.110, near its recent low of $1.091, after extending […]
Ripple RLUSD Integration Links Ethereum DeFi With XRP Ledger
TLDR Ripple integrated RLUSD with Wormhole’s Native Token Transfers framework to enable direct multichain movement without wrapped tokens. RLUSD now operates natively across supported blockchains, reducing fragmentation and improving liquidity consistency. Ripple deployed RLUSD on the XRPL EVM Sidechain to connect Ethereum tools with XRP Ledger infrastructure. Developers can use Solidity, MetaMask, and existing DeFi [...] The post Ripple RLUSD Integration Links Ethereum DeFi With XRP Ledger appeared first on Blockonomi.
$1.95 Million SHIB Awakening: Dormant Shiba Inu Whale Breaks 10-Month Silence
As SHIB drops 15%, a dormant whale broke a 10-month silence to move 400B tokens via a BitGo smart contract.
Hackers Exploit Meta AI to Hijack Instagram Accounts
Hackers have exploited Meta's AI support assistant to seize numerous Instagram accounts. This was reported by 404 Media, citing security researchers' reports. The hackers employed a direct "prompt injection" method. They instructed the chatbot to change the email address linked to the profile. The only additional requirement for the operation's success was using a VPN with a geolocation matching the true owner's data. Once the bot changed the email in the settings without further identity verification, the attackers initiated the standard password reset procedure and gained full control over the account. Scope of the Issue Among the compromised profiles were the White House's archival account from Barack Obama's era, the page of U.S. Space Force Chief Master Sergeant John Bentivegna, and the official profile of the Sephora brand. Former Meta employee Jane Wong stated that her personal accounts were also hacked. Hackers managed to post pro-Iranian content on the White House profile. Other attackers targeted rare "short" usernames for resale on dark forums. The Meta AI Support Assistant was launched in March. The company marketed it as a solution for end-to-end access recovery automation. Company representative Andy Stone announced that the vulnerability has been fixed. This issue has been resolved and we are securing impacted accounts.— Andy Stone (@andymstone) June 1, 2026 Expert Opinions Experts interviewed by MIT Technology Review described the incident as a failure of basic security protocols. University of Wisconsin-Madison Professor Somesh Jha noted that AI agents are "too eager to complete tasks" and overlook control questions that a human would necessarily ask. Experts emphasized that Meta neglected thorough "red testing" before deploying AI in critical areas like security settings management. In May, Socket reported on a supply chain attack targeting cryptocurrency and AI systems developers.
Bitcoin Falls to $60,000
In the past 24 hours, Bitcoin has dropped 5%, falling to $60,000. Ethereum declined nearly 10% to $1,600. The 24-hour liquidation volume reached $1.25 billion.
The Hyperinflation of 1971 at the Kindergarten
Bitcoin Magazine The Hyperinflation of 1971 at the Kindergarten A kid’s lesson in hyperinflation and why Bitcoin cannot be debased like fiat. An excerpt from Bitcoin: The Honest Money. This post The Hyperinflation of 1971 at the Kindergarten first appeared on Bitcoin Magazine and is written by Alex v. Frankenberg.
Nokia (NOK) Stock Retreats 5% After Bond Offering — Is This Cramer’s Recommended Dip?
Nokia (NOK) stock drops 5% Friday following €500M bond issuance and profit-taking after a massive 208% rally. Jim Cramer says wait for dips like this one. The post Nokia (NOK) Stock Retreats 5% After Bond Offering — Is This Cramer’s Recommended Dip? appeared first on Blockonomi.
Dow surges 900 points in final hour to record high as investors ditch tech for healthcare and banks
The shift from tech to healthcare and banks signals a potential long-term sector rotation, impacting investment strategies and market dynamics. The post Dow surges 900 points in final hour to record high as investors ditch tech for healthcare and banks appeared first on Crypto Briefing.
Putin rebuffs European leaders on Ukraine talks, seeks Trump deal
Putin's stance sidelines Europe, potentially reshaping global diplomatic dynamics and impacting geopolitical stability and economic markets. The post Putin rebuffs European leaders on Ukraine talks, seeks Trump deal appeared first on Crypto Briefing.
A $10 Billion Lesson: Analyzing Michael Saylor’s New Bitcoin Manifesto
With Strategy's portfolio down $10 billion, Michael Saylor reveals the 4 rival factions that will ultimately decide whether Bitcoin survives the AI rotation.
Merlin (MRLN) Stock Soars 32% on Major USSOCOM Autonomy Milestone
Merlin (MRLN) stock jumped 32% Friday after completing Critical Design Review for C-130J autonomy with USSOCOM, advancing to integration phase. The post Merlin (MRLN) Stock Soars 32% on Major USSOCOM Autonomy Milestone appeared first on Blockonomi.
Bitcoin Price Analysis: Where Is BTC Heading Next After Drop Below $61K?
Bitcoin remains under heavy selling pressure after crashing below multiple key support levels in quick succession. The recent rejection from the descending 200-day moving average triggered a sharp sell-off that invalidated the previous rising channel structure and pushed BTC back toward a major demand zone around $60K. Meanwhile, on-chain data suggests market participants are increasingly […]
US envoy Witkoff, Iran’s Araghchi to reconvene talks next Saturday
The reconvening of U.S.-Iran talks signals potential progress in easing regional tensions and could influence global diplomatic dynamics. The post US envoy Witkoff, Iran’s Araghchi to reconvene talks next Saturday appeared first on Crypto Briefing.
OPEC oil production hits decades-low amid US-Iran tensions
Geopolitical tensions highlight vulnerabilities in global oil supply chains, potentially driving sustained higher prices and market volatility. The post OPEC oil production hits decades-low amid US-Iran tensions appeared first on Crypto Briefing.
4 Forces That Will Ultimately Decide Bitcoin's Future, Strategy's Saylor Breaks Down
With Strategy's portfolio down $10 billion, Michael Saylor reveals the 4 rival factions that will ultimately decide whether Bitcoin survives the AI rotation.
BitMine Immersion (BMNR) Expands $280M Preferred Offering to Boost Ethereum Holdings
BitMine (BMNR) stock dropped 5.4% premarket after pricing a $280M preferred offering to fund Ethereum acquisition and staking infrastructure expansion. The post BitMine Immersion (BMNR) Expands $280M Preferred Offering to Boost Ethereum Holdings appeared first on Blockonomi.
Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days
Crypto ETF flows turned more constructive on Thursday, June 4, as bitcoin and ether funds snapped long outflow streaks with fresh inflows. HYPE ETFs extended their own winning run, while XRP returned to positive territory, and solana saw only a minor exit. HYPE ETFs Extend Winning Streak to 16 Days With $12M in Fresh Inflows […]
Google DeepMind CEO predicts AGI arrival by 2030, urges preparation
The anticipated arrival of AGI by 2030 could revolutionize industries, necessitating urgent societal and infrastructural preparations. The post Google DeepMind CEO predicts AGI arrival by 2030, urges preparation appeared first on Crypto Briefing.
Blackstone caps withdrawals from $45B private credit fund as investors rush for the exits
The cap on withdrawals highlights liquidity challenges in semi-liquid funds, emphasizing the need for steady inflows amid rising investor options. The post Blackstone caps withdrawals from $45B private credit fund as investors rush for the exits appeared first on Crypto Briefing.
Blackstone, Cliffwater face heightened redemption pressures in Q2 as private credit liquidity fears grow
Increased redemption pressures highlight liquidity challenges in private credit, potentially impacting investor confidence and market stability. The post Blackstone, Cliffwater face heightened redemption pressures in Q2 as private credit liquidity fears grow appeared first on Crypto Briefing.
Bitcoin drops below $61,000, losing $18,000 in 10 days
Bitcoin's sharp decline highlights market volatility, influencing investor sentiment and potentially impacting future institutional involvement. The post Bitcoin drops below $61,000, losing $18,000 in 10 days appeared first on Crypto Briefing.
Zcash weighs new shielded pool after counterfeiting flaw
Zcash developers are weighing a new shielded pool and turnstile accounting after the Orchard bug raised supply verification questions.
'Lots of Good Stuff:' Ripple Engineer Hints at Protocol Improvements as XRP Key Release Nears
Ripple software engineer drops exciting clue as key XRP Ledger release nears.
Broadcom (AVGO) Stock: Analysts React as Shares Plunge on AI Guidance Concerns
Broadcom (AVGO) stock dropped 12.6% after Q2 earnings beat but AI guidance underwhelmed. Citi maintains Buy rating; Erste Group upgrades to Buy from Hold. The post Broadcom (AVGO) Stock: Analysts React as Shares Plunge on AI Guidance Concerns appeared first on Blockonomi.
Faraday Future (FFAI) Stock Climbs as Humanoid Robot Enters LA Dental Practice
FFAI stock climbed in pre-market hours after Faraday Future placed its Master humanoid robot in an LA dental office, its first healthcare EAI deployment. The post Faraday Future (FFAI) Stock Climbs as Humanoid Robot Enters LA Dental Practice appeared first on Blockonomi.
Hoskinson Denies Cardano Exit Rumors: ‘I’m Not Leaving’
Cardano founder Charles Hoskinson rejected speculation that he is leaving the ecosystem, saying in a June 4 livestream that he is stepping back from public-facing communication but not resigning from Cardano. The comments came after his brief “taking a break” post on X triggered concern across the community and inquiries from journalists Hoskinson opened the […]
Hyperliquid flagged by UK FCA as unauthorized firm targeting British users
The FCA's warning highlights the risks of using unregulated platforms, emphasizing the need for consumer protection in decentralized finance. The post Hyperliquid flagged by UK FCA as unauthorized firm targeting British users appeared first on Crypto Briefing.
Palantir (PLTR) Stock: Wedbush Sees Company as ‘Irreplaceable’ After AIPCon Event
Wedbush maintains $230 target on Palantir (PLTR) after AIPCon, highlighting Forward Deployed Engineers as key competitive advantage in AI space. The post Palantir (PLTR) Stock: Wedbush Sees Company as ‘Irreplaceable’ After AIPCon Event appeared first on Blockonomi.
Eli Lilly (LLY) Stock Surges 4% After CVS Reverses Zepbound Coverage Decision
Eli Lilly (LLY) stock jumped 4% after CVS Caremark reversed its Zepbound exclusion, now covering both Zepbound and Foundayo alongside Novo products. The post Eli Lilly (LLY) Stock Surges 4% After CVS Reverses Zepbound Coverage Decision appeared first on Blockonomi.
5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability
Bitcoin Magazine 5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability Bitcoin price remains under pressure, yet five separate data points suggest fear may be creating one of the best accumulation setups in years. This post 5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability first appeared on Bitcoin Magazine and is written by Matt Crosby.
GOP Lawmakers Push to Restrict Congressional Betting on Political Prediction Markets
House Republicans plan to restrict lawmakers' political betting on prediction platforms like Polymarket and Kalshi through expanded trading ban legislation. The post GOP Lawmakers Push to Restrict Congressional Betting on Political Prediction Markets appeared first on Blockonomi.
Jensen Huang Approves Samsung, SK Hynix, and Micron for NVIDIA (NVDA) HBM4 Memory Supply
NVIDIA CEO Jensen Huang certifies Samsung, SK Hynix, and Micron for HBM4 supply on Vera Rubin platform, set for Q3 2026 delivery with 10x AI performance boost. The post Jensen Huang Approves Samsung, SK Hynix, and Micron for NVIDIA (NVDA) HBM4 Memory Supply appeared first on Blockonomi.
Realty Income (O) Stock: Is the 5.4% Monthly Dividend Worth It After Recent Pullback?
Realty Income (O) stock trades at $60 with a 5.4% monthly dividend yield. Q1 earnings beat expectations and 2026 FFO guidance increased. Is it a buy? The post Realty Income (O) Stock: Is the 5.4% Monthly Dividend Worth It After Recent Pullback? appeared first on Blockonomi.
Hitachi (6501.T) Stock Surges on Intel Collaboration in Industrial AI Sector
Hitachi (6501.T) stock climbed 2.26% to ¥5,300 after unveiling a strategic Intel partnership focused on industrial AI and advanced computing infrastructure. The post Hitachi (6501.T) Stock Surges on Intel Collaboration in Industrial AI Sector appeared first on Blockonomi.
Cardano (ADA) Faces Make-or-Break Moment as Social Buzz and Network Activity Explode
Cardano dominated crypto discussions after Charles Hoskinson warned of ecosystem failures and announced he was taking a break.
Forward Industries moves $32M in Solana to exchange after nursing nine-figure losses
Forward Industries' asset shift highlights the volatility and strategic challenges faced by firms heavily invested in digital currencies. The post Forward Industries moves $32M in Solana to exchange after nursing nine-figure losses appeared first on Crypto Briefing.
TRON enables natural language queries for stablecoin data via Dune MCP
AI-driven accessibility to blockchain data enhances transparency and compliance, crucial for stablecoin regulation and market participant engagement. The post TRON enables natural language queries for stablecoin data via Dune MCP appeared first on Crypto Briefing.
Pinterest deepens Amazon partnership with $4B cloud deal
Pinterest's $4B AWS deal underscores its AI-driven transformation, potentially boosting user engagement but risking financial strain if growth falters. The post Pinterest deepens Amazon partnership with $4B cloud deal appeared first on Crypto Briefing.
Nvidia leads net income growth among major tech firms at 2,900%
Nvidia's AI-driven growth reshapes tech industry dynamics, challenging competitors and solidifying its influence over the AI ecosystem. The post Nvidia leads net income growth among major tech firms at 2,900% appeared first on Crypto Briefing.
Supreme Court rules SEC can recover illegal gains without proof of investor loss
The ruling strengthens SEC's enforcement capabilities, potentially increasing financial recoveries and impacting regulatory strategies in emerging markets. The post Supreme Court rules SEC can recover illegal gains without proof of investor loss appeared first on Crypto Briefing.
XRP Ledger Breaks 746 Million Threshold: Is Market-Wide Sell-Off Incoming?
XRP's market activity is being pushed through, despite the relatively calmer market environment.
Kaggle Launches Platform for AI Benchmarks
Google-owned platform Kaggle has introduced the ability to create, validate, run, and export benchmark tasks from a local development environment using Kaggle CLI, VS Code, Cursor, and AI agents. The company has also launched a service for generating such tasks in natural language.
ServiceTitan (TTAN) Stock Soars 16% as Wall Street Raises Price Targets on AI Momentum
ServiceTitan (TTAN) stock rallied 16% after crushing Q1 estimates and raising guidance. KeyBanc, BTIG, and Morgan Stanley lift targets on AI momentum. The post ServiceTitan (TTAN) Stock Soars 16% as Wall Street Raises Price Targets on AI Momentum appeared first on Blockonomi.
7RCC Debuts BTCK: A New Bitcoin and Carbon Futures ETF on NYSE Arca
7RCC launches BTCK ETF on NYSE Arca, blending Bitcoin with carbon futures in an 80/20 split for ESG-focused crypto exposure through regulated markets. The post 7RCC Debuts BTCK: A New Bitcoin and Carbon Futures ETF on NYSE Arca appeared first on Blockonomi.
SpaceX IPO Roadshow Begins: Wall Street Banks Forecast $3.4T Revenue by 2040
SpaceX begins $75B IPO roadshow as Morgan Stanley forecasts $3.4T revenue by 2040, driven by AI business projected to reach $190B-$322B by 2030. The post SpaceX IPO Roadshow Begins: Wall Street Banks Forecast $3.4T Revenue by 2040 appeared first on Blockonomi.
Wall Street Giants Signal Caution as Market Rally Approaches Peak Levels
Barclays and Goldman Sachs issue warnings about overextended stock rally, citing semiconductor dominance and extreme investor optimism as key risk factors. The post Wall Street Giants Signal Caution as Market Rally Approaches Peak Levels appeared first on Blockonomi.
Tesla (TSLA) Stock Receives Dual Upgrades — JPMorgan Issues Aggressive $475 Price Target
JPMorgan upgrades Tesla (TSLA) stock to Overweight with $475 target, while Erste moves to Hold. Analyst sees physical AI dominance driving growth. The post Tesla (TSLA) Stock Receives Dual Upgrades — JPMorgan Issues Aggressive $475 Price Target appeared first on Blockonomi.
Stablecoins Are Becoming a Fight Over the Future of Digital Money: Interview With BitGo COO Jody Mettler
BitGo's Jody Mettler says the stablecoin debate is moving beyond crypto rules and becoming a battle over who sets the standards for the future global payment infrastructure.
United States upholds tariff caps in trade deals with EU, Japan
The US maintains trade stability with EU and Japan, but future tariff hikes could disrupt markets if manufacturing probes justify increases. The post United States upholds tariff caps in trade deals with EU, Japan appeared first on Crypto Briefing.
How low can Bitcoin price go if $60K support fails?
Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar.
JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ
Some of the largest banks are reportedly launching a tokenized deposit network in early 2027 in response to growing competition from stablecoin companies entering TradFi.
House GOP eyes summer vote on prediction market restrictions for lawmakers
House Republicans plan a summer vote on a congressional stock trading ban and new restrictions on lawmakers’ prediction market activity.
May Jobs Report Surpasses Expectations with 172K New Positions Added
May jobs report shows 172,000 new positions added, beating forecasts. Unemployment stays at 4.3% as markets react mixed to strong labor data. The post May Jobs Report Surpasses Expectations with 172K New Positions Added appeared first on Blockonomi.
Anthropic co-founder says soaring AI costs are pushing the company toward an IPO
Anthropic's potential IPO highlights the escalating financial demands of AI development, signaling a shift towards public funding for tech innovation. The post Anthropic co-founder says soaring AI costs are pushing the company toward an IPO appeared first on Crypto Briefing.
Anthias risk dashboard adds support for Ethereum mainnet markets
Enhanced risk monitoring on Ethereum mainnet could bolster DeFi stability, offering users critical insights to preemptively manage liquidation risks. The post Anthias risk dashboard adds support for Ethereum mainnet markets appeared first on Crypto Briefing.
Ramp’s valuation surges to $44B after $750M funding round
Ramp's rapid valuation growth underscores the increasing investor confidence in AI-driven financial platforms, intensifying competition in fintech. The post Ramp’s valuation surges to $44B after $750M funding round appeared first on Crypto Briefing.
US unemployment steady in May, jobs exceed expectations
The strong labor market reduces the likelihood of a Federal Reserve rate cut, impacting future monetary policy and economic stability. The post US unemployment steady in May, jobs exceed expectations appeared first on Crypto Briefing.
Chainalysis Uncovers $100 Million Gray Market for Peptides
Disclaimer ForkLog is categorically against drugs and does not promote their sale or purchase. All materials are provided for informational purposes only. Chainalysis analysts have recorded an explosive growth in the turnover of the gray market for peptides. According to a report, the annual volume of on-chain payments in this sector has exceeded $100 million. Experts noted that in the first quarter of 2026 alone, the inflow of funds jumped by 159% — from $12 million to $32 million. Forecasts suggest that in the second quarter, the figure will reach $39 million. Source: Chainalysis. Analysts attribute the growing popularity of these substances to the shortage and high cost of official weight-loss drugs (like Ozempic). Due to banking restrictions on the sale of non-prescription compounds, the industry has almost entirely shifted to using Bitcoin and stablecoins. TikTok and the 'Looksmaxxing' Ideology Specialists identified three stages of market development. Until 2025, it remained niche with an average inflow of about $200,000 per month. This was followed by a surge of interest amid political events in the US — particularly, Robert Kennedy Jr.'s promotion of the Make America Healthy Again (MAHA) initiative. However, the key catalyst came at the end of 2025, when the topic of peptides went viral on TikTok within the 'looksmaxxing' subculture (the pursuit of radical appearance improvement). Source: Chainalysis. Against this backdrop, average monthly revenues for sellers rose to $9.9 million. According to the report, influencers actively promote Chinese suppliers, ignoring the risks of side effects. Meanwhile, minors are increasingly found in communities and Discord channels, seeking ways to bypass KYC to purchase substances. Decline in Safety Controls As an indicator of buyer behavior, Chainalysis cited data from Janoshik laboratory (Czech Republic), which specializes in testing the chemical purity of substances. Since 2023, wallets associated with it have received over $12 million in cryptocurrency. Source: Chainalysis. Despite the overall revenue growth of the laboratory, average spending on substance testing per buyer fell by 88% — to $8. Consumers increasingly trust certificates published by sellers themselves. Analysts warned: such documents often confirm the purity of the substance but not its sterility, which is deadly dangerous for injections. Source: Chainalysis. Links to Drug Cartels Chainalysis found that several major peptide suppliers are Chinese chemical companies that previously supplied drug cartels with precursors for fentanyl and amphetamine. Under regulatory pressure, they shifted to a less legally risky but more profitable D2C format. The report mentions two companies: Shanghai Sigma Audley: previously identified as a supplier of fentanyl precursors, including for darknet marketplaces. In 2025, the company began selling 'cosmetic' peptides on Reddit, using the same contact phone number as in ads for drug raw materials; Bigreat Technology: a supplier of reagents for synthetic drugs focusing on the Russian and Kazakh markets. Under the pseudonym Zhengzhou DEPU Technology, the firm switched to retailing weight-loss substances for cryptocurrency. Source: Chainalysis. Analysts emphasized that blockchain transparency allows tracking such transformations of illegal supply chains in real-time. Between 2020 and 2025, the volume of money laundering through cryptocurrencies increased from $10 billion to $82 billion.
Free AI Trading Bot Tools in 2026: What Beginners Should Know Before Testing Automation
Introduction: Free Access Is a Test, Not a Trust Signal Free AI trading bot tools are everywhere in 2026. Some platforms offer demo dashboards. Some provide free credits. Some allow paper trading. Some give limited access to signals, alerts, or automation settings. Others promote free trials as a way for beginners to explore AI-assisted trading [...] The post Free AI Trading Bot Tools in 2026: What Beginners Should Know Before Testing Automation appeared first on Blockonomi.
Iran navy fires warning missiles, deploys drones at US warships in Gulf of Oman
Escalating tensions in the Gulf of Oman could disrupt global energy trade and increase the risk of regional conflict, impacting maritime security. The post Iran navy fires warning missiles, deploys drones at US warships in Gulf of Oman appeared first on Crypto Briefing.
Why Zcash crashed even after the bug was fixed
Here is the puzzle. On May 29, 2026, a security researcher hired by Zcash developers found a critical bug in the network’s Orchard privacy pool, a flaw that could have let an attacker mint unlimited, undetectable counterfeit ZEC. The development…
Michael Saylor Breaks Down Bitcoin’s Four Ideologies And Warns Against Picking Just One
Michael Saylor just handed the Bitcoin community something to argue about for weeks. The Strategy Chairman published a framework that sorts Bitcoiners into four distinct ideological camps, and then made the case that the future of Bitcoin depends on none of them winning outright. The post landed on Saylor’s official X account and immediately sparked conversation across crypto Twitter. What makes it interesting is not just the categorization itself, it is the argument underneath it. Saylor is not picking a side. He is making the case that Bitcoin needs all four camps functioning at the same time, in tension with The post Michael Saylor Breaks Down Bitcoin’s Four Ideologies And Warns Against Picking Just One appeared first on The Merkle News.
US interest rate futures see December hike odds rise after jobs data
The increased odds of a December rate hike reflect market uncertainty and potential shifts in monetary policy impacting economic stability. The post US interest rate futures see December hike odds rise after jobs data appeared first on Crypto Briefing.
Why Gold’s Traditional Safe-Haven Appeal Is Failing During the Iran Conflict
Gold drops 12% despite U.S.-Iran war as Strait of Hormuz closure drives oil prices up, fueling inflation fears and keeping interest rates elevated. The post Why Gold’s Traditional Safe-Haven Appeal Is Failing During the Iran Conflict appeared first on Blockonomi.
NEAR Intents Hits $20B Volume as Cross-Chain Adoption Rises
TLDR: NEAR Intents has surpassed $20B in cumulative volume, driven by solver-based cross-chain routing. SwapKit generated $26.6M of $34.4M in total fees recorded across the NEAR Intents protocol. Wallets including Ledger, Trust Wallet, and Brave are already routing user transactions via NEAR. Confidential Intents recorded $22.6M in TVL within two months of launching on the [...] The post NEAR Intents Hits $20B Volume as Cross-Chain Adoption Rises appeared first on Blockonomi.
Garlinghouse vs Dimon: The CLARITY Act fight nobody’s watching
Ripple's Garlinghouse wants the CLARITY Act passed. JPMorgan's Dimon is fighting it. Inside the stablecoin-yield battle that decides crypto's future.
Crypto Price Analysis Jun-05: ETH, XRP, ADA, BNB, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week was one of the worst of this bear market as most cryptocurrencies fell by double digits. Ethereum was no different, crashing 17%. Unfortunately, the $1,800 support could not hold the bears back and quickly turned into resistance. […]
XRP at a Crossroads: ‘Wick or Brick’ Could Decide the Next Macro Move
XRP just dipped below $1.10 for the first time since late 2024 - will it get even worse soon?
There’s An FOMC Meeting Scheduled This Month, But Will The Fed Decision Affect Bitcoin?
The Federal Open Market Committee (FOMC) meeting is held eight times a year, and just like with any financial market, the outcome of each meeting has implications for the likes of Bitcoin. The announcement that follows the FOMC meeting reveals whether interest rates have been changed or if they’re staying the same. Now, another FOMC […]
Micron Technology faces market-cap wipeout as Broadcom pressures chip stocks
The semiconductor sector's volatility highlights the fragility of market confidence, impacting investment strategies and sector stability. The post Micron Technology faces market-cap wipeout as Broadcom pressures chip stocks appeared first on Crypto Briefing.
Canada launches national AI strategy, offers funding and resources for innovation
Canada's AI strategy could significantly transform its economy by boosting AI adoption, creating jobs, and enhancing domestic tech capabilities. The post Canada launches national AI strategy, offers funding and resources for innovation appeared first on Crypto Briefing.
Chip Stocks Tumble: AMD, Nvidia, Micron Decline Following Broadcom’s Revenue Warning
Broadcom's revenue warning sparked a semiconductor selloff, with AMD, Nvidia, and Micron declining. Bitcoin's drop weighed on crypto stocks as markets retreated. The post Chip Stocks Tumble: AMD, Nvidia, Micron Decline Following Broadcom’s Revenue Warning appeared first on Blockonomi.
Samsara (IOT) Stock Drops Despite Crushing Earnings Estimates and Raising Guidance
Samsara (IOT) stock dropped 3% in premarket despite beating Q1 estimates and raising FY guidance. ARR hit $2B milestone with 30% growth year-over-year. The post Samsara (IOT) Stock Drops Despite Crushing Earnings Estimates and Raising Guidance appeared first on Blockonomi.
JPMorgan, HSBC join Hong Kong tokenized bond working group
Hong Kong has established a tokenized bond expert group that brings together major financial institutions after issuing more than HK$6.8 billion ($868 million) in tokenized government bonds across multiple offerings. According to a statement released Friday by the Hong Kong…
Nvidia CEO Visits Seoul to Coordinate AI Supply Chain
On June 4, Nvidia CEO Jensen Huang arrived in Seoul for meetings with partners in sovereign AI infrastructure, robotics, and gaming. He stated that the purpose of the visit is to synchronize the supply chain ahead of a "very busy" second half of the year, amid the growth of Grace Blackwell systems and the full-scale production of Vera Rubin.
SpaceX bars Hong Kong and China investors from $75B IPO over arms export rules
SpaceX's exclusion of Chinese investors highlights escalating US-China tensions, impacting global investment dynamics and tech sector collaborations. The post SpaceX bars Hong Kong and China investors from $75B IPO over arms export rules appeared first on Crypto Briefing.
Guidewire (GWRE) Stock Plunges 14% on ARR Miss — Should Investors Buy the Dip?
Guidewire (GWRE) dropped 14% after Q3 ARR missed forecasts. Stifel cut target to $200, RBC to $215, but both firms maintain Buy ratings on the stock. The post Guidewire (GWRE) Stock Plunges 14% on ARR Miss — Should Investors Buy the Dip? appeared first on Blockonomi.
0x Project launches Cross-Chain API for seamless payment flows across 25+ blockchains
The Cross-Chain API could significantly enhance DeFi's accessibility and efficiency, but its success hinges on robust bridge security. The post 0x Project launches Cross-Chain API for seamless payment flows across 25+ blockchains appeared first on Crypto Briefing.
XRP's 700% Prophet Speaks Out: What's Wrong With Crypto in 2026
After predicting XRP's historic 700% rally, DonAlt breaks silence on why corporate noise and AI exploits ruined crypto trading.
Hyperliquid price flashes bearish MACD signal, will it drop to $50 next?
Hyperliquid has fallen sharply from its record high after a whale-led selloff triggered a wave of liquidations and pushed momentum indicators into their weakest position since the token’s breakout rally began. According to data from crypto.news, Hyperliquid (HYPE) price was…
Israel deploys troops to Azerbaijan, UAE, Iraq, Somaliland amid Iran conflict
Israel's troop deployment may escalate regional tensions, complicating peace prospects and impacting diplomatic and economic stability. The post Israel deploys troops to Azerbaijan, UAE, Iraq, Somaliland amid Iran conflict appeared first on Crypto Briefing.
AI Capital Flows Are Draining Liquidity from Crypto Markets, Analyst Says
TLDR: Hyperscalers are projected to spend $650–700B on AI infrastructure in 2025, outpacing crypto inflows. BTC is down 20% YTD while Micron, Nvidia, and AMD posted triple-digit gains since January 2024. Stablecoin supply sits at ATH but remains locked in T-bill wrappers, bypassing DeFi yield markets. Only AI crypto tokens with real on-chain usage are [...] The post AI Capital Flows Are Draining Liquidity from Crypto Markets, Analyst Says appeared first on Blockonomi.
Planet Labs (PL) Stock Drops Despite Crushing Q1 Earnings Expectations
Planet Labs (PL) fell 4.3% premarket despite crushing Q1 estimates with $94.2M revenue, strong guidance, and a Needham price target hike to $53 from $40. The post Planet Labs (PL) Stock Drops Despite Crushing Q1 Earnings Expectations appeared first on Blockonomi.
Citigroup (C) Stock Hits 18-Year Peak with 4% Rally — What’s Driving It?
Citigroup (C) stock jumped 4% to an 18-year high of $135.15, boosted by positive Fed hearing outcomes and CEO Jane Fraser's key executive appointments. The post Citigroup (C) Stock Hits 18-Year Peak with 4% Rally — What’s Driving It? appeared first on Blockonomi.
Reddit (RDDT) Stock Gains 8% as Loop Capital Sees 50% Rally Ahead
Reddit (RDDT) stock climbed 8% after Loop Capital's $260 price target, citing strong revenue growth and AI data licensing potential despite insider selling. The post Reddit (RDDT) Stock Gains 8% as Loop Capital Sees 50% Rally Ahead appeared first on Blockonomi.
BlackRock Sees First ETF Inflow in 13 Days
BlackRock sees fresh capital intake for the first time in thirteen days as Bitcoin finally sees renewed institutional growth despite plunging deeper in trading price.