Divergent ECB rate hike forecasts could lead to significant market volatility, impacting bond yields, currency strength, and risk assets. The post JPMorgan AM and Pictet predict ECB rate hike will be ‘one and done’ appeared first on Crypto Briefing.

Eli Lilly (LLY) stock jumped 4% after Phase 3 data revealed retatrutide cut sleep apnea by 60% and knee pain by 73%, outpacing rival Novo Nordisk. The post Eli Lilly (LLY) Stock Surges 4% Following Breakthrough Sleep Apnea Trial Results appeared first on Blockonomi.

Solana price has rebounded from a three-year low after a wave of liquidations eased and buyers stepped back into the market, though traders remain divided on whether the token can reclaim its May highs. According to data from crypto.news, Solana…

JuCoin's withdrawal issues and reserve doubts highlight the critical need for transparency and third-party audits in cryptocurrency exchanges. The post ZachXBT flags JuCoin over withdrawal issues and reserve concerns appeared first on Crypto Briefing.

TLDR: Bitcoin dropped 16% this week as aggressive futures selling on Binance dominated price action. Binance recorded nearly $15B in futures sell volume on Friday alone, signaling mass capitulation. Spot Bitcoin ETFs posted $1.75B in net outflows, marking their worst weekly result since April 2025. Analyst Astronomer argues the four-year cycle bottom need not breach [...] The post BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave appeared first on Blockonomi.

Goldman Sachs delays Fed rate cut forecast to 2027 after strong jobs data. Bank projects inflation above 3% in 2026 and raises rate hike probability to 20%. The post Goldman Sachs Delays Fed Rate Cut Expectations Until 2027 Amid Robust Employment Data appeared first on Blockonomi.

FixedFloat will suspend Huobi-linked funds for checks after UK sanctions, while ZachXBT warns broad wallet tainting may distort risk scores.

Iran's announcement may signal regional de-escalation, impacting market stability and reducing the likelihood of further military actions. The post Iran declares end of military operations against Israel: Fars appeared first on Crypto Briefing.

IBM (IBM) stock drops as new research exposes critical AI governance gaps, rising security incidents, and budget oversight challenges facing enterprise CIOs. The post IBM (IBM) Stock Drops Amid Escalating AI Governance Concerns appeared first on Blockonomi.

IBM stock drops as new research reveals major AI governance challenges, with CIOs struggling to manage rising incidents, budget visibility, and control gaps. The post IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Mount appeared first on Blockonomi.

IBM stock drops as enterprise AI study exposes governance gaps, rising incidents, and budget control challenges facing technology leaders. The post IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Escalate appeared first on Blockonomi.

What's next for XRP after dumping by double digits over the last week?

South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. A Rare Trading Halt The Korea Exchange activated a Level 1 circuit breaker at 9:03 a.m. local time, suspending trading for 20 […]

The repeated targeting of nuclear sites in Ukraine raises global concerns about nuclear safety and the potential for catastrophic escalation. The post Ukraine reports drone strike on nuclear fuel facility near Chernobyl appeared first on Crypto Briefing.

The tariff reduction catalyzes significant Swiss investment in the US, potentially boosting job creation and economic ties, contingent on stable trade relations. The post Swiss firms pour $27B into the US after tariff deal slashes rates from 39% to 15% appeared first on Crypto Briefing.

Venice redefines AI privacy by offering a user-friendly platform that shields personal data from tech giants. The post Jon: Venice prioritizes user privacy over data exploitation, aims to be a household AI brand, and focuses on usability for non-crypto users | Bankless appeared first on Crypto Briefing.

James Wynn just changed direction. The named Hyperliquid whale, one of the most closely watched on-chain traders in the crypto derivatives space, has closed his Bitcoin and Solana short positions for a $6,400 profit and immediately pivoted to maximum leverage long positions on both Bitcoin and Ethereum. The move was captured and published by Lookonchain, one of the most reliable on-chain tracking accounts in the space, and the full position detail is visible through Hyperbot for anyone who wants to verify it directly. Wynn opened 6.05 BTC worth approximately $373,000 and 5.3 ETH worth approximately $8,500, both at maximum leverage. The post James Wynn Flips From Short to Max-Leverage Long on Bitcoin and Ethereum After Closing Profitable Short appeared first on The Merkle News.

• #bitcoin

Michael Saylor is signaling that Strategy is not flinching. As Bitcoin tumbles and the broader market bleeds, the company’s founder is hinting at fresh accumulation, even as Strategy itself sits on over $11 billion in unrealized losses and a growing list of corporate crypto treasury holders watch their balance sheets crater in real time. Saylor took to X to signal that Strategy has either already begun buying Bitcoin during the current price dip or is preparing to do so at the start of the week. He framed it around the company’s core mission: grow net Bitcoin holdings and increase BTC The post Saylor Hints Strategy Is Buying the Bitcoin Dip as Corporate Crypto Treasuries Bleed Billions in Unrealized Losses appeared first on The Merkle News.

• #bitcoin

TLDR: Bitcoin dropped from roughly $82,000 to the low-$60,000 range amid broad market selling pressure.  The crypto market has corrected nearly 53% from its peak as fear overtook sentiment rapidly. ETF outflows, Mt. Gox transfers, and macro uncertainty converged to trigger the sharp decline.  Analysts say the selloff reflects a leverage and sentiment reset, not [...] The post Crypto Selloff Explained: Leverage, ETF Outflows, and Macro Pressure Hit at Once appeared first on Blockonomi.

Market volatility drives interest in AI-powered platforms like XRPPower for digital asset management and analysis. The cryptocurrency market has experienced significant volatility in recent weeks. Affected by global macroeconomic uncertainty, changes in institutional fund flows, and declining investor risk appetite,…

A Chinese court jailed a man for 10 years and nine months after he memorized a seed phrase, stole 107 Bitcoin and took 660,000 yuan in cash.

• #bitcoin

Zcash fell to a low of $250 and has significantly rebounded from this price level.

With Bitcoin down around 22% for the year, Ethereum off nearly 29% in a single quarter, the Fear and Greed Index buried at 13, and altcoins like Cardano at six-year lows, the question on every crypto holder’s mind has shifted.…

South Korea's regulatory shift may stabilize the won, but it could also deter speculative trading, impacting market dynamics and investor strategies. The post South Korea unveils measures to stem won slide and curb speculation appeared first on Crypto Briefing.

The UK's AI chip procurement plan could bolster domestic tech growth, enhance national security, and stabilize supply chains amid global competition. The post UK government plans to buy AI chips from British tech firms in bid to stop brain drain appeared first on Crypto Briefing.

Virtuals' modular launch options empower crypto founders with tailored pathways, potentially enhancing project success and investor confidence. The post Virtuals unveils modular launch options for crypto founders appeared first on Crypto Briefing.

AMD announces £2B UK AI investment over five years for research partnerships, compute capacity expansion, and supercomputing infrastructure growth. The post Advanced Micro Devices (AMD) Stock: £2 Billion UK AI Investment Unveiled appeared first on Blockonomi.

Hyperliquid has rebounded from last week’s sharp selloff after Arthur Hayes appeared to re-enter the market, but bearish technical signals continue to threaten a move below the $55 support zone. According to data from crypto.news, Hyperliquid (HYPE) traded near $61.7…

XRP Ledger 3.2.0 targets June 15, renaming rippled to xrpld as operators prepare for infrastructure changes and XRP trades near $1.15.

The ongoing blockade exacerbates regional instability, disrupts global trade, and complicates diplomatic efforts for a peaceful resolution. The post Trump: US naval blockade of Iran to continue until final deal appeared first on Crypto Briefing.

Shiba Inu’s exchange flow has flipped bullish as onchain data shows that traders have bought more SHIB tokens than they have sold in the last 24 hours.

The shift of GitHub Copilot to token-based payments could signal a reevaluation of pricing and limits in the AI product market. This conclusion was drawn by TechCrunch following the Equity podcast. The discussion was prompted by changes in GitHub Copilot's pricing. Microsoft transitioned some users from a fixed subscription to a model based on the number of "building blocks" of processed information. A Reddit user described the situation as a "token-pocalypse" amid the sharp rise in AI tool expenses. In the podcast, TechCrunch editors Anthony Ha, Kirsten Korosec, and Sean O’Kane linked the potential price reevaluation to the high cost of developing and maintaining AI models. Ha noted that a significant portion of the market is still subsidized by investor capital, meaning some costs may eventually shift to end users. He assessed that companies like Anthropic, as they prepare for an IPO, will need to better explain to investors their path to reducing costs and achieving profitability. O’Kane cited Uber as an example. He mentioned that the company quickly exhausted its budget for AI tools and subsequently began restricting internal use. He doubted that model developers could reduce technology costs quickly enough to align with customers' willingness to pay. Korosec added that pricing approaches in the AI sector are changing too rapidly. In her view, the "token-maxing" trend became noticeable within a few months and has irritated the market. She also pointed to increased regulation in the US: On June 2, 2026, President Donald Trump signed an order allowing authorities to inspect powerful AI models before public release, as mentioned in the discussion. In May, Gartner analysts forecasted AI spending to grow to $2.59 trillion in 2026.

Permanent joint European debt could enhance euro stability, deepen capital markets, and elevate the euro's global reserve status. The post European Central Bank’s Patsalides pushes for permanent joint European debt to bolster euro stability appeared first on Crypto Briefing.

Russia's crypto restrictions may limit retail investor growth and innovation, while reinforcing Bitcoin, Ethereum, and USDT's market dominance. The post Central Bank of Russia restricts retail investors to Bitcoin, Ethereum, and USDT appeared first on Crypto Briefing.

• #bitcoin

Congress is moving to ban lawmakers from crypto prediction markets like Polymarket and Kalshi over insider trading. Why it’s happening and why platforms agree.

The attack underscores ongoing risks to nuclear safety in conflict zones, highlighting the potential for catastrophic consequences if containment fails. The post Russian drone strikes nuclear-fuel storage facility near Chornobyl, Ukraine reports appeared first on Crypto Briefing.

Bitcoin is actually cheap, suggests strong market indicator.

• #bitcoin

Josh Swihart, founder of Zcash Open Development Lab (ZODL), announced the resolution of a critical vulnerability in the Orchard shielded pool. Following this, the asset's prices began to recover from a significant decline. https://t.co/9gaPMvTc9G— Josh Swihart 🛡 (@jswihart) June 7, 2026 According to Swihart, the fix was implemented in two phases. Initially, the team conducted a soft fork to temporarily disable transactions in Orchard. This reduced the risk of bug exploitation without prematurely disclosing technical details. The second phase was the NU6.2 hard fork, activated on June 3. After the update, the pool's functionality was fully restored. The critical flaw in the Proof-of-Concept scheme of Orchard was discovered by independent researcher Taylor Hornby during an audit for Shielded Labs. The bug theoretically allowed for unlimited fake issuance of ZEC. However, Shielded Labs stated that actual exploitation of the vulnerability was unlikely. Following the disclosure on June 4, the price of the privacy coin plummeted by more than 50%. The incident sparked criticism from community members. Notably, BitMEX co-founder Arthur Hayes announced the complete liquidation of his position in the token. In addressing the aftermath, ZODL coordinated with mining pools ViaBTC and Foundry, as well as exchanges, to conduct code reviews of the fixes. "We not only solved the problem but also practically tested incident response processes, strengthening the network's resilience," Swihart emphasized. At the time of writing, ZEC is trading at $429.08. Over the past day, the privacy coin has gained 13.5%, recovering 41.5% from the lows of June 5. Hourly chart of ZEC/USDT on Binance. Source: TradingView. Concurrently, ZODL, in collaboration with the Zcash Foundation and Shielded Labs, presented a proposal for network upgrades and the creation of a new pool, Ironwood. It is expected to be based on Orchard but will undergo additional independent audits and formal verification. In May, the price of the privacy coin broke the $585 mark for the first time since November 2025.

From June 1 to June 5, U.S. spot Bitcoin ETFs experienced a net outflow of $1.72 billion. This marks the largest weekly withdrawal in over a year, according to The Block, citing SoSoValue. The largest outflow was from BlackRock's IBIT, amounting to approximately $1.34 billion. Amid weakening flows, Bitcoin fell to $61,195 but later recovered above $63,000.

• #bitcoin

Oil prices jumped 5% after Israel and Iran broke their April ceasefire. Brent crude approached $98 as Hormuz tensions threaten global supply. The post Crude Oil Soars 5% as Israel-Iran Ceasefire Collapses — $100 Per Barrel in Sight? appeared first on Blockonomi.

A single whale bought 1,656 BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two days as bitcoin rebounded. Buying the Exact Bottom The purchase landed as bitcoin carved out its weakest level of 2026, touching an intraday low near $59,100 on June […]

• #bitcoin

Israeli public support for military presence in Lebanon complicates peace efforts, potentially prolonging regional tensions and impacting diplomacy. The post Israelis push Netanyahu to maintain military presence in Lebanon appeared first on Crypto Briefing.

SpaceX's $75B IPO aims for a $1.75T valuation this week. Most analysts warn investors to avoid day-one buying due to volatility and governance concerns. The post SpaceX IPO Launch Imminent: Why Wall Street Experts Urge Caution on Day One appeared first on Blockonomi.

IATA slashes 2026 airline profit forecast to $23bn amid 70% jet fuel surge. European carriers face 26% profit decline as fuel costs reach $350bn industry-wide. The post Soaring Jet Fuel Prices Drive Airline Industry Profits Down 49% in 2026 appeared first on Blockonomi.

South Korea's KOSPI index crashed 8.3% Monday in its worst session since March, led by Samsung and SK Hynix amid global chip stock selloff. The post KOSPI Plunges Over 8% as Semiconductor Stocks Drive Historic Market Decline appeared first on Blockonomi.

Zealand Pharma (ZEAL) stock plunged 25% after survodutide obesity trial showed 1 in 4 patients quit due to GI side effects despite strong weight loss data. The post Zealand Pharma (ZEAL) Plummets 25% on Survodutide Tolerability Concerns appeared first on Blockonomi.

SK Hynix (000660) partners with NVIDIA on next-generation AI memory for supercomputers, personal AI, and robotics platforms in multi-year deal. The post SK Hynix (000660) Stock: Multi-Year NVIDIA Partnership Unlocks AI Expansion appeared first on Blockonomi.

edgeX has paid 50% of approved June 2 claims in USDC, with the remaining half due in EDGE tokens in April 2027 and claims closing on June 9.

The drone strikes during SPIEF 2026 highlight vulnerabilities in Russia's security, potentially deterring foreign investment and impacting markets. The post Ukrainian drones strike St Petersburg during SPIEF 2026, sending smoke plume over Russia’s flagship economic forum appeared first on Crypto Briefing.

Nvidia (NVDA) announces four AI partnerships in South Korea, including gigawatt-scale cloud projects with SK Telecom, memory deals with SK hynix, and more. The post Nvidia (NVDA) Secures Four Major AI Partnerships During Seoul Visit appeared first on Blockonomi.

OpenAI is transforming ChatGPT into a superapp with Codex, Atlas browser, and partner integrations as it prepares for IPO alongside rival Anthropic. The post OpenAI’s Radical ChatGPT Transformation Signals IPO Ambitions appeared first on Blockonomi.

Iran's actions heighten geopolitical tensions, risking global energy supply disruptions and economic instability in Gulf regions. The post Iran blocks key straits, plans strikes on Gulf energy sites appeared first on Crypto Briefing.

Amazon (AMZN) stock gains as the e-commerce giant reveals its natural-language Proteus robot, announces €10B for Europe, and eliminates 30,000 positions. The post Amazon (AMZN) Stock Rises as Company Unveils AI-Powered Warehouse Robots and Cuts Jobs appeared first on Blockonomi.

NY court freezes lawsuit claiming ownership of 39,069 dormant Bitcoin wallets worth billions. July 14 hearing will address contested ownership claims. The post New York Judge Halts Controversial Bitcoin Wallet Ownership Lawsuit appeared first on Blockonomi.

• #bitcoin

Apple (AAPL) trades at $307 as Morgan Stanley maintains $330 target. WWDC AI updates and Siri improvements could serve as key catalysts for the stock. The post Apple (AAPL) Stock: Will WWDC’s AI Showcase Justify Morgan Stanley’s $330 Price Target? appeared first on Blockonomi.

Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool.

WISeKey (WKEY) stock declined as the company launched SEALCOIN Quantum Marketplace and QAIT platform to address quantum computing cybersecurity threats. The post WISeKey International Holding AG (WKEY) Stock Falls as Quantum Security Platform Debuts appeared first on Blockonomi.

Naver stock jumped 14% after unveiling an AI infrastructure partnership with Nvidia to develop data centers across South Korea starting at 55 megawatts. The post Naver (NHNCF) Stock Soars 14% on Nvidia AI Infrastructure Deal appeared first on Blockonomi.

SpaceX's record IPO, May CPI inflation data, and earnings from Oracle and Adobe headline a critical week for investors. Here's what to watch. The post SpaceX IPO, Inflation Report, and Tech Earnings Dominate This Week’s Market Calendar appeared first on Blockonomi.

Strive Asset Management has backed efforts to remove capital gains taxes on Bitcoin transactions in the U.S., as its CEO says the firm is actively working with policymakers while lawmakers prepare to review digital asset tax rules. According to Matthew…

• #bitcoin

Classiq and Pontificia Universidad Católica de Chile have initiated a 12-month project to develop hybrid quantum algorithms for the analysis of biomedical images and computational pathology, according to a press release. Initially, the team will focus on kidney pathologies, including lesion classification, glomeruli segmentation, and pattern detection in histological images. The project will utilize the Classiq platform and NVIDIA CUDA-Q; the selected algorithms will be simulated on NVIDIA infrastructure, executed on IonQ quantum hardware, and compared with classical machine learning methods.

SIREN, NEAR, and DeXe follow suit in terms of daily gains, all with double digits.

• #litecoin
• #bitcoin

XRP price has stabilized near $1.14 after a sharp weekly selloff, but analyst warnings and weak technical structure suggest the token could still revisit $0.90 before forming a durable bottom. According to data from crypto.news, XRP (XRP) price traded near…

Strategy will need to increase its dollar reserves to restore market confidence in the company's financial model, reports The Block, citing a JPMorgan report. The firm established a dollar reserve on December 1, 2025. Initially, it amounted to $1.44 billion. The funds were allocated for dividend payments on preferred shares and interest on debt. The minimum reserve goal is to cover at least 12 months of such payments, with a long-term target of 24 months or more. As of May 31, 2026, the reserve had decreased to $900 million. Strategy explained that it may adjust the reserve size based on market conditions and liquidity needs. On June 1, the company disclosed the sale of 32 BTC for approximately $2.5 million at an average price of $77,135. The funds were used for STRC payments. This was the first Bitcoin sale since late 2022. As of May 31, Strategy held 843,706 BTC with an average purchase price of $75,699. Experts believe the Bitcoin sale alarmed industry participants. The transaction heightened concerns about further liquidations to ensure shareholder payments. Strategy indicated that it determines the dollar reserve size considering STRC demand, credit risk, and market conditions. The company also considered selling Bitcoin if deemed advantageous. According to the JPMorgan report, the company's current fiat reserves are sufficient for only 6.3 months of dividend payments. Experts emphasized that Strategy needs to increase its dollar reserves to alleviate investor concerns. JPMorgan also noted that positive trends in the crypto market in the second half of the year will depend on the transparency of the company's financial strategy and the prospects of the CLARITY Act being adopted. In June, Grayscale analysts described Strategy's first Bitcoin sale in a long time as a "stress test" of its financial model.

Did SpaceX IPO fever trigger Bitcoin's crash? The capital-rotation theory examined: the evidence for and against, and the honest answer on the $1.8T IPO.

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Han's nomination as prime minister could accelerate South Korea's AI ambitions, potentially reshaping its economic and regulatory landscape. The post South Korea’s Lee nominates Han Seong-sook as prime minister to lead AI growth appeared first on Crypto Briefing.

Singapore's tax policy fosters a favorable environment for crypto investors, potentially influencing global regulatory approaches and investment strategies. The post Singapore’s 0% capital gains tax on crypto makes it a magnet for Bitcoin investors appeared first on Crypto Briefing.

• #bitcoin

The recent crypto market turmoil highlights the risks of overleveraging and the fragility of investor sentiment, impacting market stability. The post Over $5.7 billion in long positions liquidated in 7 days as crypto markets face worst week since FTX collapse appeared first on Crypto Briefing.

Schiff said stablecoins have a legitimate use case, despite his longstanding criticism of much of the broader crypto industry.

XRP begins June with a bullish technical setup toward $1.37 ahead of a July 4 Senate vote.

JPMorgan analysts say Strategy’s last week sale of 32 bitcoin unsettled crypto markets and may force Michael Saylor’s company to rebuild its dollar reserves to restore confidence among investors. The warning comes as the bank turns more cautious on crypto, citing weaker capital flows, bitcoin’s break below estimated production cost, and reduced confidence in US […]

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A long-dormant Ethereum investor sold about $188 million in ether and related tokens just before this month’s market crash, then began buying back at sharply lower prices, completing a textbook round trip. A Well-Timed Exit The investor who has been holding coins since the network’s early days sold 60,000 ETH worth about $117.25 million and […]

OpenAI's ChatGPT revamp could disrupt SaaS markets, challenging existing platforms by centralizing diverse tools into a single ecosystem. The post OpenAI plans largest ChatGPT revamp since launch, aiming for ‘superapp’ status appeared first on Crypto Briefing.

Grayscale's move to include Canton Coin in an ETF highlights the growing trend of integrating niche crypto assets into mainstream finance, despite potential risks from supply concentration. The post Grayscale files for Canton ETF to hold Canton Coin directly appeared first on Crypto Briefing.

AI's economic viability is under scrutiny despite leading firms generating substantial revenue amid high losses. The post Rajiv Jain: AI’s economic viability is questionable, the importance of business fundamentals in volatile markets, and why active management is essential for long-term success | Capital Allocators appeared first on Crypto Briefing.

Rivian (RIVN) stock rallies 25% before R2 SUV deliveries start June 9. Analysis of institutional buying, analyst ratings, and insider activity. The post Rivian (RIVN) Stock Surges 25% Before R2 SUV Deliveries Begin – Is It a Buy? appeared first on Blockonomi.

Ethereum OG sold $188M before the crash and rebought ETH and WBTC at lower prices as ETH recovered near $1,666 while exchange reserves fell.

Elon Musk discusses Terafab with ASML, a $55B chip factory venture between SpaceX and Tesla targeting advanced 2nm semiconductors for AI and robotics. The post Elon Musk’s Terafab: Inside the $55B Chip Manufacturing Venture with ASML appeared first on Blockonomi.

TLDR: Bitcoin crashes often result from leverage cascades triggered by small initial price drops.  The 2022 Fed rate hikes pushed Bitcoin down more than 60% by removing capital from risk assets. Altcoins and memecoins consistently see steeper losses than Bitcoin during market-wide crashes. Institutional players like BlackRock add stability, but sudden BTC drops remain a [...] The post Bitcoin Crash: What Triggers Sharp Drops and How Markets React appeared first on Blockonomi.

• #bitcoin

Germany's Bitcoin sale highlights the potential for significant opportunity costs in government asset liquidation strategies, influencing future policies. The post German government sold 49,858 Bitcoin for $2.89B at $57,900 average, missing billions in potential gains appeared first on Crypto Briefing.

• #bitcoin

China's sustained gold acquisition signals a strategic shift towards diversifying reserves, potentially impacting global gold markets and currency dynamics. The post People’s Bank of China extends gold-buying streak to 19 months with massive May haul appeared first on Crypto Briefing.

FFAI stock rebounds after Faraday Future reveals June robotics launches and signs strategic K-12 education deal with Lynwood Unified School District. The post Faraday Future (FFAI) Stock Climbs on Educational Robotics Partnership Announcement appeared first on Blockonomi.

Redirecting Iranian assets risks escalating US-Iran tensions, potentially destabilizing regional security and impacting global energy markets. The post US weighs using frozen Iranian assets to compensate Gulf allies for war damage appeared first on Crypto Briefing.

TLDR: CLARITY Act cleared committee 15-9, putting crypto regulation closer to Senate debate. Lummis says the bill is at the five-yard line, with floor timing now the key hurdle. Bitcoin hovered near $63,000 as traders watched the bill’s next move for market signals. Stablecoin reward rules remain a major sticking point before any final Senate [...] The post CLARITY Act Nears Senate Vote After Lummis Rallying Call appeared first on Blockonomi.

Rising AI compute costs are forcing companies to rethink their budgets and deployment strategies. The post Brannin McBee: Companies face budget overruns from rising AI compute costs, demand for AI technology in enterprises is unrelenting, and CoreWeave’s client diversification signals market growth | Odd Lots appeared first on Crypto Briefing.

U.S. Senator Cynthia Lummis is urgently pushing for a full Senate floor vote on the Digital Asset Market Clarity Act.

Nvidia (NVDA) stock recovers after unveiling SK Telecom partnership for 2027 AI factory in Korea, targeting enterprise and sovereign AI infrastructure. The post Nvidia (NVDA) Stock Gains Momentum Following SK Telecom AI Cloud Partnership Reveal appeared first on Blockonomi.

Escalating tensions in the Strait of Hormuz could destabilize global markets, impacting energy prices and increasing financial volatility. The post US Central Command shoots down two Iranian drones threatening maritime traffic in Strait of Hormuz appeared first on Crypto Briefing.

Cardano (ADA) crashes to $0.163, its lowest since Dec 2020, dropping 30% in a week. Whales buy 220M tokens as bearish signals dominate the market. The post Cardano (ADA) Price Plunges to December 2020 Lows as Whales Accumulate During Panic appeared first on Blockonomi.

• #Cardano

A NY court has paused a controversial lawsuit attempting to claim 39,069 dormant Bitcoin wallets valued at $234B after legal challenges questioned its validity. The post Court Halts Legal Bid to Seize $234 Billion in Inactive Bitcoin (BTC) Wallets appeared first on Blockonomi.

• #bitcoin

A sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by a fast reversal off the year’s lows. A 15-Minute Short Squeeze A little over $320,000,000 in shorts were liquidated from the crypto market in a single 15-minute window […]

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Galaxy Digital has reduced its estimate of the likelihood of the CLARITY Act being passed in 2026 from 75% to 60%. The company believes the US Senate should consider the bill in July before the August recess, or the window for its advancement will narrow. Among the key obstacles, Galaxy cites unresolved issues regarding ethics provisions and combating illicit finance.

OpenAI is preparing the largest transformation of ChatGPT since its launch in 2022. The company aims to turn the chatbot into a super app to accelerate revenue growth ahead of its IPO, reports FT. The new universal platform is designed to integrate AI agents, programming tools, and third-party applications. From Chatbot to AI Super App According to the publication, the rollout of the update is planned for the coming weeks and will affect both the web version and mobile apps of ChatGPT. Users will be more actively offered tools for coding, image generation, and partner services like Canva and Booking.com. OpenAI expects ChatGPT to become the entry point into an ecosystem of more profitable products. In particular, the company is betting on Codex—a service for programming with AI, whose audience has grown more than sixfold since the launch of the desktop application in February, exceeding 5 million active users per week. Focus on AI Agents The reorganization reflects OpenAI's changing views on the future of artificial intelligence. The company believes that the next wave of growth will be associated not with chatbots answering questions, but with autonomous agents capable of performing tasks on behalf of the user. “Chat is dead,” an OpenAI employee told FT. According to Head of Product Thibault Sottiaux, the company is moving towards a model of a personal AI agent that can assist users both at work and in everyday life through smartphones, computers, or other devices. Competition with Anthropic and Focus on Profitability The changes also reflect a convergence of OpenAI's strategy with Anthropic's approach, which has focused on the corporate segment and commercial products. Currently, about 2 million companies use OpenAI solutions, providing approximately 40% of the developer's revenue. By the end of the year, this figure could rise to 50%. Amid preparations for an IPO, the company is reallocating resources in favor of corporate products. Several consumer initiatives have been curtailed, including the in-ChatGPT shopping feature. OpenAI also shut down the Sora video generator less than a year after its launch. The company's leadership believes that as AI develops, users will interact not with a set of separate applications but with a single digital assistant capable of performing a wide range of tasks. This role has been assigned to the updated ChatGPT by OpenAI. In June, the company announced the Lockdown mode, which protects AI agents from "prompt poisoning" attacks—one of the most common ways to make a model disclose data or perform undesirable actions.

Zcash (ZEC) rebounds 16% to $420 after a 50% crash triggered by a security bug. Analysis of key levels, Open Interest, and what traders expect next. The post Zcash (ZEC) Rebounds 16% After Security Crisis — Is the Recovery Sustainable? appeared first on Blockonomi.

Yuga Labs secured 68 NFTs worth over $500K after Flooring Protocol exploit. Learn about the whitehat rescue operation and ongoing security concerns. The post Yuga Labs Executes Emergency Rescue of 68 NFTs Following Flooring Protocol Security Breach appeared first on Blockonomi.

Strategy (MSTR) faces scrutiny as Saylor hints at Bitcoin purchase while executives plan $15M stock sale. BTC holds 843K coins as price drops 16% weekly. The post Strategy (MSTR) Stock: Executive Share Sales Coincide with Bitcoin Acquisition Hints appeared first on Blockonomi.

• #bitcoin

The delay in rate cuts suggests prolonged restrictive monetary policy, influencing market expectations and economic planning until 2027. The post Goldman Sachs delays Fed rate-cut forecast to 2027 amid strong US jobs data appeared first on Crypto Briefing.

The recent drop in Bitcoin's price cannot be attributed to a single cause, according to analysts at investment firm NYDIG. Market pressure has resulted from a combination of several macroeconomic and industry-specific factors, reports CoinDesk. Capital Shifts to AI and Tech IPOs NYDIG believes Bitcoin is competing for capital with the AI sector, which has been one of the growth drivers in public and private markets over the past 18 months. Some investors with similar risk profiles may have shifted funds from crypto assets to companies related to artificial intelligence. Another factor mentioned in the report is the anticipation of a new wave of tech IPOs. Companies such as SpaceX, OpenAI, Anthropic, Databricks, and Anduril were highlighted. Regulatory Uncertainty Among crypto-specific factors, experts pointed to a statement by US Treasury Secretary Scott Bessent regarding the seizure of approximately $1 billion in crypto assets linked to Iran. They noted that there are few public details about this incident, but the topic itself may have heightened some investors' doubts about the independence of digital assets from the traditional financial system. Impact of Strategy NYDIG also highlighted the sale of 32 BTC by the company Strategy. In terms of supply, this amounts to about $2.5 million—an insignificant volume for a market with daily turnovers in the billions of dollars. The report emphasized the psychological effect: since 2020, Strategy has been one of the most consistent buyers of Bitcoin, so the shift from buying to selling could have influenced market perception. Quantum Threat Another topic was the discussion of quantum risks. The report states that earlier in 2026, Google researchers reduced estimates of the computational resources needed to break elliptic curve cryptography, including secp256k1, which is used in the Bitcoin ecosystem. Later, a French cryptographer presented a detailed architecture of a scheme with similar estimates. NYDIG believes this does not pose an immediate threat but narrows the gap between theoretical and practical vulnerability. Awaiting Cycle Bottom In the on-chain part of the report, NYDIG noted that the market has undergone a significant reset, but there are not enough signals of a definitive bottom yet. The current cycle's low of $59,750 represents a 52.7% drop from the peak, whereas in previous cycles, the decline reached 75–90%. The MVRV ratio has fallen to 1.2, the share of supply in profit has decreased to 49%, and the 1x MVRV level is around $53,700. The company believes the market shows signs of capitulation, but the conclusion about a formed bottom depends on whether institutional support has changed the cycle's structure or merely postponed a deeper correction. Back in February, analyst Willy Woo predicted the end of Bitcoin's bear trend in the fourth quarter of 2026.

• #bitcoin

Josh Swihart has detailed Zcash’s emergency response to a vulnerability that could have enabled unlimited counterfeit ZEC creation, as the token has recovered more than 41% from its post-disclosure low. According to Josh Swihart, founder of Zcash Open Development Lab…

Brazil's stringent crypto regulations may drive market consolidation, favoring well-capitalized firms and potentially stifling smaller operators. The post Brazil’s Central Bank rolls out strict new crypto rules for VASPs appeared first on Crypto Briefing.