Memory Chip Stocks Rally as Analysts Forecast Supercycle Through 2028
Memory chip stocks climb as UBS and Mizuho predict AI-fueled supercycle. WFE revenue could reach $250B by 2028 with major price target upgrades across sector. The post Memory Chip Stocks Rally as Analysts Forecast Supercycle Through 2028 appeared first on Blockonomi.
Bitcoin Whale Capitulation and Rising Exchange Inflows Point to Final Bear Market Flush
TLDR: Binance BTC inflows from 100–10,000 BTC wallets spiked sharply as Bitcoin’s price declined in June. Short- and long-term whales collectively locked in over $2.5 billion in realized losses recently. Short-term whales hold roughly $16 billion in unrealized losses after a brief May recovery reversed. CryptoQuant’s MorenoDV links capitulating whales and exchange inflows to late-stage [...] The post Bitcoin Whale Capitulation and Rising Exchange Inflows Point to Final Bear Market Flush appeared first on Blockonomi.
Harbinger partners with In-Q-Tel to enter defense sector
Harbinger's shift to defense tech with In-Q-Tel could enhance US military capabilities, reflecting a trend of commercial tech entering defense. The post Harbinger partners with In-Q-Tel to enter defense sector appeared first on Crypto Briefing.
China Inc implements quiet layoffs as Beijing promotes AI adoption
China's quiet layoffs amid AI adoption highlight potential tensions between technological progress and employment stability, impacting economic growth. The post China Inc implements quiet layoffs as Beijing promotes AI adoption appeared first on Crypto Briefing.
80 Trillion Shiba Inu (SHIB) Threshold on Verge of Finally Being Destroyed
Shiba Inu is back to the critical threshold that many believe is the first piece of the puzzle that might lead to a breakthrough.
Bitcoin price falls below $61K as inflation risks mount before CPI
Bitcoin price has fallen below $61,000 on June 10 as traders cut risk exposure ahead of the latest U.S. inflation report, extending a selloff that has already pushed the crypto asset more than 50% below its October 2025 record high.…
Ethereum Price Prediction: How Close Is ETH to a Sub-$1.5K Breakdown?
Ethereum remains under significant selling pressure after losing a major support area and extending its decline toward the lower boundary of its broader trading range. While buyers have managed to defend the range lows for now, the market structure continues to favor the bears unless ETH can reclaim several key resistance levels overhead. Ethereum Price […]
Analyst Reveals Why They Dumped Their XRP, But It’s Not The End
Over the last year, the XRP value has declined by almost 50%, erasing the majority of the gains that were realized from the 2024 rally. As time has gone on, the sentiment surrounding the altcoin has continued to decline, with many investors lamenting this poor performance. Recently, one XRP investor revealed that they had dumped […]
‘De-Worsified, Not Diversified’: Robert Kiyosaki Warns Investors on a Hidden Risk
Robert Kiyosaki says most people who think they are diversified are actually “de-worsified,” holding a pile of assets that all sink together when markets turn. Word Play With a Warning Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad Poor Dad,” is recasting a familiar piece of investing advice. In a post […]
Crypto’s billion-dollar sports push has a glaring blind spot: the USMNT ahead of the World Cup
The USMNT's lack of crypto sponsorship highlights potential regulatory challenges and missed opportunities in a rapidly growing market. The post Crypto’s billion-dollar sports push has a glaring blind spot: the USMNT ahead of the World Cup appeared first on Crypto Briefing.
2026 World Cup beer prices may exceed £15 per cup as FIFA leans into crypto partnerships
Rising beer prices at the 2026 World Cup may drive fan discontent, while successful crypto integration could revolutionize event ticketing. The post 2026 World Cup beer prices may exceed £15 per cup as FIFA leans into crypto partnerships appeared first on Crypto Briefing.
Pakistan launches deadly air strikes in Afghanistan, escalating tensions in 2026 conflict
The escalating conflict disrupts regional trade, displaces populations, and threatens economic stability, impacting broader geopolitical dynamics. The post Pakistan launches deadly air strikes in Afghanistan, escalating tensions in 2026 conflict appeared first on Crypto Briefing.
South Korea clears $1.5 billion in dollar demand linked to SpaceX IPO
South Korea's effective management of dollar demand for SpaceX IPO highlights its financial resilience, stabilizing the won and investor confidence. The post South Korea clears $1.5 billion in dollar demand linked to SpaceX IPO appeared first on Crypto Briefing.
Tesla’s robotaxi fleet stuck at 59 vehicles nearly a year after launch
Tesla's slow robotaxi rollout highlights significant operational and technological hurdles, challenging its ambitious autonomous mobility goals. The post Tesla’s robotaxi fleet stuck at 59 vehicles nearly a year after launch appeared first on Crypto Briefing.
Nansen integrates Hyperliquid perps, turning its analytics dashboard into a trading terminal
Nansen's integration of trading into its analytics platform streamlines user experience but raises potential conflicts of interest and dependency risks. The post Nansen integrates Hyperliquid perps, turning its analytics dashboard into a trading terminal appeared first on Crypto Briefing.
Jordan’s Mohammad Abualnadi set for World Cup debut in 2026
Jordan's World Cup debut highlights the success of leveraging diaspora talent, potentially inspiring similar strategies in other nations. The post Jordan’s Mohammad Abualnadi set for World Cup debut in 2026 appeared first on Crypto Briefing.
Mega IPOs by privately held tech companies set to boost Europe’s tech stock sales
Europe's tech IPO surge could redefine its financial landscape, attracting global investors and potentially reshaping market valuations. The post Mega IPOs by privately held tech companies set to boost Europe’s tech stock sales appeared first on Crypto Briefing.
Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting
Ueda's absence may delay BOJ's rate hikes, prolonging global low-rate conditions and impacting risk asset markets and inflation management. The post Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting appeared first on Crypto Briefing.
ECB Poised for Rate Increase to 2.25% Amid Surging Energy Costs and Iran Tensions
ECB set to raise rates to 2.25% Thursday as euro zone inflation reaches 3.2%, driven by energy price surge and U.S.-Iran geopolitical tensions. The post ECB Poised for Rate Increase to 2.25% Amid Surging Energy Costs and Iran Tensions appeared first on Blockonomi.
Taiwan Semiconductor (TSM) Stock Dips Despite Record-Breaking May Revenue Performance
TSMC (TSM) stock dropped 2.2% despite reporting May 2026 revenue of $13.19B, up 30.1% YoY. Explore the numbers and insider activity behind the decline. The post Taiwan Semiconductor (TSM) Stock Dips Despite Record-Breaking May Revenue Performance appeared first on Blockonomi.
Solvay (SOLB) Stock Climbs 3% on Deutsche Bank Upgrade and Rare Earth Potential
Solvay (SOLB) stock surged 2.9% after Deutsche Bank upgraded to Hold, citing rare earth potential worth €100M in EBITDA. Learn more about the upgrade. The post Solvay (SOLB) Stock Climbs 3% on Deutsche Bank Upgrade and Rare Earth Potential appeared first on Blockonomi.
FIFA World Cup 2026 kicks off tomorrow with crypto front and center
The integration of crypto in the World Cup 2026 could accelerate digital currency adoption and reshape fan engagement in sports. The post FIFA World Cup 2026 kicks off tomorrow with crypto front and center appeared first on Crypto Briefing.
Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead
Netflix (NFLX) has fallen 38% from peak but Q1 beat, $25B buyback, and surging ad revenue drive Wall Street's bullish $115 target—40% upside potential. The post Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead appeared first on Blockonomi.
FXRP on Cardano? Flare explores LayerZero DVN
Flare explores a LayerZero verifier network as speculation grows over a plan to bring FXRP into Cardano, though no integration is confirmed.
Cardano Metrics Flash Unusual Signals During ADA Sell-Off and Hoskinson’s Break
ADA is now inches away from losing its spot in the top 20 alts by market cap.
Stocks slide after US and Iran trade fresh attacks, crypto markets follow suit
Geopolitical tensions between the US and Iran highlight the vulnerability of global markets, emphasizing the need for cautious investment strategies. The post Stocks slide after US and Iran trade fresh attacks, crypto markets follow suit appeared first on Crypto Briefing.
Sigma Healthcare (SIG) Shares Slide 5.5% on $10B Boots Acquisition Talks
Sigma Healthcare (SIG) stock fell 5.5% after confirming talks to acquire Boots pharmacy chain in a deal potentially worth over $10 billion. The post Sigma Healthcare (SIG) Shares Slide 5.5% on $10B Boots Acquisition Talks appeared first on Blockonomi.
Nike (NKE) Stock Slides as RBC Downgrades on Sluggish Recovery Timeline
Nike (NKE) stock drops after RBC downgrades to Sector Perform with $50 target, citing slow turnaround progress and continued market share losses. The post Nike (NKE) Stock Slides as RBC Downgrades on Sluggish Recovery Timeline appeared first on Blockonomi.
Asics (ASCCY) Stock Surges 4% on Onitsuka Tiger Spinoff Announcement
Asics (ASCCY) stock rose 4% after announcing Onitsuka Tiger spinoff into OT Group. No IPO planned. LA flagship opens Feb 2027. Full details inside. The post Asics (ASCCY) Stock Surges 4% on Onitsuka Tiger Spinoff Announcement appeared first on Blockonomi.
Lenovo (0992) Shares Plunge 10% on Reports of Upcoming Price Increases
Lenovo (0992) stock plunged nearly 10% Wednesday on reports of company-wide price hikes starting July, driven by rising memory costs from AI demand. The post Lenovo (0992) Shares Plunge 10% on Reports of Upcoming Price Increases appeared first on Blockonomi.
SoftBank (SFTBF) Shares Plunge 8% as OpenAI Financing Deal Falls Apart
SoftBank (SFTBF) shares plunged 8% Wednesday after its $6B OpenAI-backed margin loan collapsed, pulling down Asian tech stocks across the board. The post SoftBank (SFTBF) Shares Plunge 8% as OpenAI Financing Deal Falls Apart appeared first on Blockonomi.
Kalshi Opens XRP Perpetual Futures to Regulated U.S. Market
TLDR: XRP perpetual futures are now live on Kalshi for regulated U.S. traders. XRPPERP gives traders leveraged XRP exposure without directly holding the token. Kalshi uses CF Benchmarks pricing to support XRP funding and settlement. The launch expands Kalshi’s crypto derivatives market beyond Bitcoin and Ethereum. XRP perpetual futures have started trading on Kalshi, giving [...] The post Kalshi Opens XRP Perpetual Futures to Regulated U.S. Market appeared first on Blockonomi.
Trump pressures John Thune to advance SAVE America Act, potentially stalling crypto legislation
Trump's push for the SAVE America Act may delay crucial crypto regulations, impacting market clarity and investor confidence in the sector. The post Trump pressures John Thune to advance SAVE America Act, potentially stalling crypto legislation appeared first on Crypto Briefing.
SwissBorg introduces withdrawal protection to combat physical extortion
SwissBorg's withdrawal protection could reshape crypto security by prioritizing user safety over instant access, impacting investor strategies. The post SwissBorg introduces withdrawal protection to combat physical extortion appeared first on Crypto Briefing.
2026 World Cup referees to wear cameras as Kraken lands official crypto sponsorship
The integration of referee cameras and crypto sponsorship at the 2026 World Cup highlights evolving tech and marketing strategies in sports. The post 2026 World Cup referees to wear cameras as Kraken lands official crypto sponsorship appeared first on Crypto Briefing.
Trionda ball shows improved aerodynamics for corner kicks in 2026 World Cup
The Trionda ball's improved aerodynamics may enhance strategic play, impacting game dynamics and potentially influencing sports betting markets. The post Trionda ball shows improved aerodynamics for corner kicks in 2026 World Cup appeared first on Crypto Briefing.
EU proposes ban on 11 crypto platforms in Russia sanctions push
The proposed measures would ban transactions on 11 crypto platforms and expand sanctions targeting networks accused of helping Russia evade restrictions.
Botanix shuts down Bitcoin Layer 2 after four-year push into Bitcoin DeFi
Botanix Labs has announced the shutdown of its Bitcoin Layer 2 network after reporting 25 million transactions and 200,000 wallets during its year-long mainnet operation. The team said user demand was not sufficient to sustain the network economically. In a…
SoftBank shares fall 20% in a week, losing top value status in Japan
SoftBank's rapid decline highlights the volatility of tech-heavy investments and underscores the stability of diversified industrial giants. The post SoftBank shares fall 20% in a week, losing top value status in Japan appeared first on Crypto Briefing.
Higher gasoline prices push US consumer inflation in May
Rising gasoline prices complicate Fed policy, tighten liquidity, and challenge crypto recovery amid geopolitical tensions and inflation. The post Higher gasoline prices push US consumer inflation in May appeared first on Crypto Briefing.
Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting
Ueda's absence at the BOJ meeting could lead to market uncertainty, impacting yen stability and investor confidence amid inflation pressures. The post Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting appeared first on Crypto Briefing.
B8 defeats BIG to advance in IEM Cologne Major 2026 Stage 2
B8's victory highlights the competitive nature of esports, impacting team dynamics and fan engagement, while BIG's exit underscores home soil pressures. The post B8 defeats BIG to advance in IEM Cologne Major 2026 Stage 2 appeared first on Crypto Briefing.
IEM Cologne Major 2026 delivers standout Stage 2 moments while crypto stays on the sidelines
The absence of crypto in major esports events highlights a shift towards traditional sponsorships, reflecting crypto's waning influence in esports. The post IEM Cologne Major 2026 delivers standout Stage 2 moments while crypto stays on the sidelines appeared first on Crypto Briefing.
Cape Verde qualifies for first World Cup amid US visa concerns as crypto eyes the beautiful game
Cape Verde's World Cup debut highlights global inequality in event access, as visa restrictions may limit fan participation and support. The post Cape Verde qualifies for first World Cup amid US visa concerns as crypto eyes the beautiful game appeared first on Crypto Briefing.
Tax Proposals for Digital Assets Spark Debate in Congress
The U.S. House of Representatives' tax committee held hearings on a package of initiatives concerning the taxation of digital assets. Lawmakers discussed six bills, one draft project, and an amendment to two initiatives. The package addresses tax reporting for small transactions, mining and staking, donations in digital assets, voluntary disclosure of violations, and the application of anti-abuse rules to the market. According to The Block, the hearings revealed disagreements over the timeline for advancing the initiatives. Republicans emphasize the need for clear rules, while some Democrats pointed out the risks of abuse, including the deferral of taxation on mining and staking income.
ServiceNow patches vulnerability exploited against some customers
The incident highlights growing security risks for SaaS providers, potentially impacting customer trust and financial stability. The post ServiceNow patches vulnerability exploited against some customers appeared first on Crypto Briefing.
Europe gains major slot for PGL Singapore, Americas loses one
The slot reallocation underscores Europe's dominance in CS2, potentially intensifying regional rivalries and reshaping global competitive dynamics. The post Europe gains major slot for PGL Singapore, Americas loses one appeared first on Crypto Briefing.
Trump regulators propose new rules for prediction markets
The proposed rules could enhance market stability and investor confidence, potentially boosting U.S. competitiveness in global prediction markets. The post Trump regulators propose new rules for prediction markets appeared first on Crypto Briefing.
Oracle revenue growth surges from cloud services amid AI demand
Oracle's AI-driven cloud revenue surge highlights a pivotal shift in enterprise priorities, underscoring AI's critical role in future tech landscapes. The post Oracle revenue growth surges from cloud services amid AI demand appeared first on Crypto Briefing.
New York DFS updates stablecoin regime ahead of GENIUS Act rollout
New York financial regulators have moved to update the state’s stablecoin rules as the federal government prepares to implement the GENIUS Act, a law that will reshape how payment stablecoins are supervised across the United States. The New York State…
BEAT price rallies 28% as Audiera extends its 343% weekly gain
Audiera price rises 28% to $5.44 as BEAT ranks among the top crypto gainers, while $4.2 million in short liquidations and an RSI of 94.54 increase pullback risk.
Iran targets US bases in Jordan and Gulf after Trump orders strikes near Hormuz
The escalation risks destabilizing regional security, impacting global oil markets, and increasing scrutiny on crypto transactions linked to Iran. The post Iran targets US bases in Jordan and Gulf after Trump orders strikes near Hormuz appeared first on Crypto Briefing.
Bank of Japan Governor Kazuo Ueda reportedly hospitalized, but verified details remain elusive
Unverified reports of BOJ Governor Ueda's hospitalization highlight the fragility of market stability amid leadership uncertainties. The post Bank of Japan Governor Kazuo Ueda reportedly hospitalized, but verified details remain elusive appeared first on Crypto Briefing.
Barcelona opts not to activate €30M buy option for Marcus Rashford
Barcelona's decision not to buy Rashford highlights financial prioritization, impacting both their squad strategy and Manchester United's planning. The post Barcelona opts not to activate €30M buy option for Marcus Rashford appeared first on Crypto Briefing.
XRP, XLM, and LINK Get Featured in Brand New Nasdaq CME Crypto Index, Alongside Bitcoin
CME Group and Nasdaq expand regulated crypto offerings, adding XRP, XLM, and LINK to their new flagship index.
Manchester United confirms departures of Casemiro, Sancho, and Malacia in squad overhaul
Manchester United's squad overhaul could lead to strategic reinvestment opportunities, potentially reshaping the team's competitive dynamics. The post Manchester United confirms departures of Casemiro, Sancho, and Malacia in squad overhaul appeared first on Crypto Briefing.
CrowdStrike warns of rising cyberattacks from China targeting AI
Escalating cyberattacks on AI assets highlight the urgent need for enhanced cybersecurity measures to protect technological innovation globally. The post CrowdStrike warns of rising cyberattacks from China targeting AI appeared first on Crypto Briefing.
Norwegian squad brings 300 kg of fish, 116 kg of cheese to World Cup
Norway's culinary strategy at the World Cup highlights the importance of cultural familiarity and psychological comfort in high-pressure environments. The post Norwegian squad brings 300 kg of fish, 116 kg of cheese to World Cup appeared first on Crypto Briefing.
Hungary’s World Cup squad spotlights NB I talent as crypto crossover opportunities linger
Hungary's World Cup squad highlights domestic talent, potentially boosting crypto fan engagement amid regulatory shifts and digital innovation. The post Hungary’s World Cup squad spotlights NB I talent as crypto crossover opportunities linger appeared first on Crypto Briefing.
Whale 0x97f8 takes profits on $148M SP500 short position on Hyperliquid
The successful on-chain trade highlights the growing influence of decentralized platforms in macroeconomic market strategies. The post Whale 0x97f8 takes profits on $148M SP500 short position on Hyperliquid appeared first on Crypto Briefing.
Starbucks (SBUX) Stock Climbs on Reports of Potential Japan Business Sale
Starbucks (SBUX) stock rises 2.73% on reports of a potential $2.5-3 billion Japan stake sale, mirroring its recent China business divestment strategy. The post Starbucks (SBUX) Stock Climbs on Reports of Potential Japan Business Sale appeared first on Blockonomi.
XRP Slips Toward $1.10 as Ripple Taps RLUSD to Fund Safe Water for Millions
XRP is trading on shaky ground near $1.11 as a fresh selloff threatens to drag it under $1.10, even as Ripple puts its RLUSD stablecoin to work funding clean-water access for millions of people. A Price on Shaky Ground XRP has slipped into a precarious technical setup, breaking below a bullish trendline support at $1.1620 […]
Iran’s soccer team allowed entry to US before World Cup matches
Iran's entry highlights the complex interplay of sports and geopolitics, underscoring challenges in international relations and global events. The post Iran’s soccer team allowed entry to US before World Cup matches appeared first on Crypto Briefing.
BizLink acquires Blackstone’s Interplex Datacom for $850M to boost data center capabilities
BizLink's acquisition could significantly enhance its role in the AI data center supply chain, impacting market dynamics and competition. The post BizLink acquires Blackstone’s Interplex Datacom for $850M to boost data center capabilities appeared first on Crypto Briefing.
TensorWave raises $100M Series A led by AMD Ventures, eyes multi-gigawatt AI infrastructure buildout
TensorWave's funding and AMD partnership could disrupt Nvidia's dominance, fostering competition and innovation in AI infrastructure. The post TensorWave raises $100M Series A led by AMD Ventures, eyes multi-gigawatt AI infrastructure buildout appeared first on Crypto Briefing.
BYD chairman aims for company to become world’s largest automaker in 5 years
BYD's ambitious growth strategy could reshape global auto industry dynamics, challenging established players and influencing market competition. The post BYD chairman aims for company to become world’s largest automaker in 5 years appeared first on Crypto Briefing.
Tottenham confirms Yves Bissouma leaves as free agent after turbulent spell
Tottenham's decision to release Bissouma highlights the club's shift towards aligning player roles with managerial vision, despite financial losses. The post Tottenham confirms Yves Bissouma leaves as free agent after turbulent spell appeared first on Crypto Briefing.
Taiwan fires US-supplied HIMARS into waters facing China in first live-fire test
Taiwan's HIMARS test underscores rising tensions, highlighting potential economic disruptions and geopolitical instability in the region. The post Taiwan fires US-supplied HIMARS into waters facing China in first live-fire test appeared first on Crypto Briefing.
Shin-Etsu to establish rare-earth smelter in Japan to reduce reliance on China
Shin-Etsu's new smelter could enhance Japan's supply chain resilience, reducing geopolitical risks and fostering technological independence. The post Shin-Etsu to establish rare-earth smelter in Japan to reduce reliance on China appeared first on Crypto Briefing.
X introduces memory feature to proactively notify users of Community Notes corrections
X's proactive notifications could enhance misinformation control, but declining contributor engagement may limit its effectiveness and credibility. The post X introduces memory feature to proactively notify users of Community Notes corrections appeared first on Crypto Briefing.
Antonio Rüdiger’s contract renewal with Real Madrid finalized, announcement delayed
Rdiger's extended stay at Real Madrid ensures defensive stability, reflecting strategic squad management amid leadership transitions. The post Antonio Rüdiger’s contract renewal with Real Madrid finalized, announcement delayed appeared first on Crypto Briefing.
Wintermute Highlights Weak Capital Inflow into Bitcoin
Following Bitcoin's drop below $62,000, there are no signs of capital returning to digital assets. Analysts at Wintermute linked the correction to institutional sales and outflows from ETFs. Source: X/Wintermute. Over the week, Bitcoin lost about 14% and fell to the lows of September 2024. Experts do not consider the current position of the asset to be a confirmed market bottom. In their view, a reversal requires sustained buying pressure. Wintermute also mentioned the sale of 32 BTC by Strategy between May 26 and 31. The company described this volume as insignificant but noted the symbolic significance of the transaction — it was the firm's first Bitcoin sale since 2022. According to analysts, the main market pressure is due to weakened demand. After May 30, US spot Bitcoin ETFs showed 10 consecutive sessions of net outflows, with cumulative net losses during this period amounting to about $2.97 billion. The total outflow for May reached $2.43 billion — the worst monthly figure of 2026. Wintermute also referred to data from its own OTC terminal: retail investors have recently been net sellers, shifting to stocks. American institutions have taken a bearish stance in recent days, while flows in Asia and Europe remained balanced. Analysts noted the weak technical support in the $50,000–$59,000 range, as Bitcoin quickly moved through this zone during its rise in 2024. The company added that some long-term capital is gradually building positions at current levels, but for a confirmed reversal, the market needs a return of sustained inflows.
Reuters: SpaceX IPO Demand Surpasses $250 Billion
Demand for Elon Musk's SpaceX IPO has exceeded $250 billion, reaching nearly four times oversubscription, according to Reuters, citing its sources. The company plans to raise about $75 billion by offering 555 million Class A shares at $135 each. Agency sources stated that the current level of oversubscription is 3.5-4 times the planned deal size. Reuters emphasized that these figures reflect indicative interest from institutional investors, including large orders from long-term funds, and may change. Musk participated in several Zoom meetings with potential buyers, one of the agency's sources noted. SpaceX continues its marketing efforts. Company President Gwynne Shotwell and CFO Bret Johnsen, according to sources, are expected to attend a luncheon for institutional investors at Morgan Stanley's Manhattan office, organized by the bank's co-president Dan Simkovic. The offering occurs amid extreme market volatility. On June 10, the Nasdaq Composite traded down after its largest one-day drop in over a year, while Bitcoin fell 2.8%, sitting 37% below its January peak. Some analysts suggested that one factor in the market's decline could be asset sales by buyers freeing up liquidity to participate in the SpaceX IPO. In May, SpaceX filed a public IPO application with the SEC. According to the S-1 form, as of March 31, the firm held 18,712 BTC, acquired for $661 million.
Glassnode Detects Signs of Capitulation Among XRP Holders
According to Glassnode, XRP holders are increasingly selling the asset at a loss. The 90-day average realized profit-to-loss ratio has dropped to 0.38, meaning for every $1 of losses, there is only $0.38 of profit, reports CoinDesk. At its peak in 2025, the ratio reached 50. Glassnode estimates that a drop below 1 indicates a dominance of loss-making sales and signs of market participant capitulation. At the time of publication, XRP was trading around $1.11, down nearly 40% since the beginning of the year and significantly below the July high of over $3.60.
Oracle (ORCL) Earnings Report: Analysts Anticipate Strong Q4 Results Today
Oracle (ORCL) reports Q4 earnings Wednesday. Analysts forecast $1.97 EPS, $19.1B revenue, and cloud infrastructure surge of 90.8% amid massive OCI backlog. The post Oracle (ORCL) Earnings Report: Analysts Anticipate Strong Q4 Results Today appeared first on Blockonomi.
Warner Bros. Discovery (WBD) Stock Slides to Three-Month Low Amid Merger Regulatory Hurdles
Warner Bros. Discovery (WBD) stock fell to $26.24, 17% below the $31 deal price, as the Paramount merger faces EU and state attorney general scrutiny. The post Warner Bros. Discovery (WBD) Stock Slides to Three-Month Low Amid Merger Regulatory Hurdles appeared first on Blockonomi.
Robinhood (HOOD) Stock: Director Injects $20M as Company Gains IPO Underwriting Authority
Robinhood (HOOD) director Meyer Malka buys $20M in shares as the company receives approval to underwrite IPOs. Wall Street analysts target $99.38. The post Robinhood (HOOD) Stock: Director Injects $20M as Company Gains IPO Underwriting Authority appeared first on Blockonomi.
Memory Chip Stocks Rally as Analysts Forecast Supercycle Through 2028
Memory chip stocks climb as UBS and Mizuho predict AI-fueled supercycle. WFE revenue could reach $250B by 2028 with major price target upgrades across sector. The post Memory Chip Stocks Rally as Analysts Forecast Supercycle Through 2028 appeared first on Blockonomi.
Ant International targets $10 billion valuation in planned funding round
Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. According to Bloomberg, Ant Group’s overseas…
XRP, ADA, SOL Crash Again as BTC Price Slumps to $61K: Market Watch
SIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit.
Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors
The banking arm of Japanese financial giant SBI Holdings is reportedly launching a crypto rewards program for depositors as part of a broader push to expand its digital assets business. Related Reading: ‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote SBI Shinsei Launches BTC, ETH, XRP Rewards SBI Shinsei Bank, the […]
Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping
The shift in oil tanker routes to the Suez Canal highlights vulnerabilities in global energy logistics, impacting commodity prices and inflation. The post Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping appeared first on Crypto Briefing.
UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups
The UK's strategic investments in tech startups could bolster domestic innovation, but inconsistent support may deter broader investor confidence. The post UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups appeared first on Crypto Briefing.
Waymo builds benchmark model for robotaxi crash comparisons
Waymo's benchmark model could redefine AV safety standards, influencing regulatory frameworks and public trust in autonomous technology. The post Waymo builds benchmark model for robotaxi crash comparisons appeared first on Crypto Briefing.
Botanix to wind down Bitcoin Layer 2 network, urges asset withdrawal by July 9
The shutdown highlights the challenges of sustaining Layer 2 networks without token incentives, impacting future Bitcoin scalability solutions. The post Botanix to wind down Bitcoin Layer 2 network, urges asset withdrawal by July 9 appeared first on Crypto Briefing.
IRGC launches missile and drone attacks on US bases, military escalation rattles crypto markets
The escalation may lead to prolonged crypto market volatility and influence global economic policies due to potential oil price shocks. The post IRGC launches missile and drone attacks on US bases, military escalation rattles crypto markets appeared first on Crypto Briefing.
Quantum X Labs and IQCC to Test AI Decoder
Quantum X Labs announced a partnership with IQCC, a research platform of Quantum Machines. The parties plan to evaluate an AI-based quantum error correction system in an integrated software-hardware environment, according to a press release. The key element of the project will be the Deep Transformer Decoder—an algorithm designed to analyze measurement data on potential errors in the quantum system and select corrective actions. Such decoders are considered crucial for future fault-tolerant quantum computers. What Will Be Tested Quantum X Labs will test the AI decoder on the quantum control infrastructure of Quantum Machines. IQCC will provide access to its systems, including the OPX1000 real-time controller. The trials aim to demonstrate the suitability of the development for future quantum error correction processes. The parties did not disclose timelines, technical metrics, financial terms, or success criteria for the tests. Nir Sharon, Head of Quantum Technologies at Quantum X Labs, described the collaboration as a step towards testing the decoder on real quantum equipment data. According to him, IQCC's infrastructure will allow the technology to be evaluated in conditions close to practical application. Nir Alfasi, General Manager of IQCC, noted that quantum error correction remains one of the key challenges on the path to large-scale quantum computing. Why a Decoder is Needed Qubits are sensitive to noise and quickly accumulate errors. To build a fault-tolerant quantum computer, the system must be taught to detect them and quickly determine how to fix them. Additional measurements are used for this purpose: they do not show the quantum state directly but indicate possible errors. The decoder analyzes this data and decides which corrections the system should apply. The challenge is that decisions need to be made very quickly. If processing takes too long, errors continue to accumulate, and the computation loses reliability. Therefore, not only algorithms but also low latency between the quantum processor, classical computations, and the control system are important for correction. Why IQCC The Israeli Quantum Computing Center was opened in June 2024 at Tel Aviv University with support from the Israel Innovation Authority. The center is designed as a platform for testing quantum processors, algorithms, and control systems. According to Quantum Machines, IQCC integrates several types of quantum computers, classical computing resources, and cloud access. The center also utilizes the OPX1000—a controller designed for scaling and real-time processing tasks. Previously, Quantum X Labs announced work on an error correction decoder based on transformer architecture. In May, the company stated that it had integrated Google's public Quantum AI dataset into its Error Correction Transformer and also announced a neutral atom platform with over 50 physical qubits. No independent test results are available yet. In May, it was reported that machine learning is already being used to optimize error correction—one of the main barriers to creating scalable quantum computers.
SK Hynix Eyes August U.S. Debut With Massive $14B ADR Offering
SK Hynix targets August U.S. listing via ADRs with $14B raise potential. SEC approval expected June 22. Stock up 240% YTD with $1T market cap. The post SK Hynix Eyes August U.S. Debut With Massive $14B ADR Offering appeared first on Blockonomi.
Super Micro Computer (SMCI) Stock Plunges 9% on $7B Capital Raise Announcement
Super Micro (SMCI) stock dropped 9% after-hours on a $7B equity raise announcement, despite reporting $39B in AI server orders from major customers. The post Super Micro Computer (SMCI) Stock Plunges 9% on $7B Capital Raise Announcement appeared first on Blockonomi.
Crude Oil Markets Stabilize Around $91 Amid Renewed U.S.-Iran Tensions
Oil stabilizes near $91 as U.S.-Iran military strikes escalate and crude inventories drop 9.12M barrels, significantly exceeding forecasts. The post Crude Oil Markets Stabilize Around $91 Amid Renewed U.S.-Iran Tensions appeared first on Blockonomi.
Can Humanity Protocol price recover after a 74% weekly crash?
Humanity Protocol price rebounds 23% after a $36M exploit, but bearish momentum, falling open interest and a June unlock may limit recovery.
World Cup 2026 Prediction Markets Now Live on Whale.io with $90K in Prizes
[PRESS RELEASE – Mahe, Seychelles, June 10th, 2026] Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool – including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn […]
Nearly 42,000 new tokens launched on Solana in 24 hours, led by Pump.fun
The surge in token launches on Solana via Pump.fun highlights the platform's impact on crypto markets, but low survival rates pose investment risks. The post Nearly 42,000 new tokens launched on Solana in 24 hours, led by Pump.fun appeared first on Crypto Briefing.
Reserve Bank of India updates foreign investment framework to unlock billions in capital inflows
The updated framework could significantly boost India's financial markets by attracting more foreign capital, enhancing economic growth prospects. The post Reserve Bank of India updates foreign investment framework to unlock billions in capital inflows appeared first on Crypto Briefing.
XRP ETF Beats Bitcoin, Solana and Ethereum Products: But Why Does Price Struggle?
XRP overtakes Solana, Bitcoin and Ethereum on ETF market, even though the price is yet to follow the trend.
Humanity Protocol Suffers $36M Hack Through Compromised Employee Device
Humanity Protocol suffered a $36M breach after an employee laptop exposed private keys, causing H token to crash 85%. Full breakdown of the attack. The post Humanity Protocol Suffers $36M Hack Through Compromised Employee Device appeared first on Blockonomi.
Trump’s Crypto Deals May Have Increased The Family Fortune By $2 Billion—At Investors’ Expense
A new investigation by Reuters alleges that the Trump family has generated $2.3 billion from its four main crypto ventures, while investors in those projects have absorbed losses of a similar magnitude, amounting to roughly $2.3 billion, including paper losses, by the end of April. World Liberty Sales The investigation describes World Liberty Financial’s token […]
Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto
Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines […]
US nears long-term nuclear deal with Iran, says VP Vance
A long-term US-Iran nuclear deal could stabilize global oil prices, reduce geopolitical tensions, and reshape crypto regulatory narratives. The post US nears long-term nuclear deal with Iran, says VP Vance appeared first on Crypto Briefing.
UAE condemns Iranian attacks on Bahrain, Kuwait, and Jordan as crypto markets lose $700M in hours
Geopolitical tensions heighten market volatility, impacting investor sentiment and potentially influencing central bank policies amid inflation concerns. The post UAE condemns Iranian attacks on Bahrain, Kuwait, and Jordan as crypto markets lose $700M in hours appeared first on Crypto Briefing.
Sandstone Secures $30 Million for AI Platform
Startup Sandstone has raised $30 million in a Series A round led by Lightspeed Venture Partners. The funds will be used to support corporate clients, hire staff, and develop a community of in-house lawyers. Sandstone is developing an AI platform for in-house legal departments: it assists in gathering requests from Slack, email, and Jira, distributing tasks, and initiating processes for document preparation, review, and legal analysis.