Michael Burry maintains his short position on Palantir (PLTR), calling it overvalued. Shares down 14% YTD despite beating Q1 earnings expectations. The post Michael Burry Maintains Bearish Stance on Palantir (PLTR) Stock in 2026 appeared first on Blockonomi.

TLDR Evernorth stated that real banks are already using XRP through regulated stablecoin issuance. Société Générale launched its EURCV stablecoin on the XRP Ledger and other public blockchains. EURCV operates under the European Union’s MiCA regulatory framework. Evernorth said the next 18 months will determine scale, chain selection, and compliance models. The firm emphasized that [...] The post Evernorth Says Banks Already Using XRP for EURCV appeared first on Blockonomi.

Decentralized finance protocol Aave recently revealed that it has fully restored liquidity to its lending pools following a $300 million cross-chain exploit. The Anatomy of the Exploit Decentralized finance ( DeFi) pioneer Aave has successfully restored full liquidity to its lending pools, capping off an aggressive multi-week stabilization effort following a $300 million cross-chain exploit […]

The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout.

Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK.

Cardano founder Charles Hoskinson explains what might be at stake amid economic challenges facing the ecosystem.

• #Cardano

TLDR Peter Schiff warned that Bitcoin could fall below $20,000 if it breaks the $50,000 level. He said excessive complacency suggests the market is not near a bottom. Schiff argued that a sharp drop could push long-term holders to exit positions. Strategy sold 32 BTC to fund preferred dividends while holding over 843,000 BTC. CryptoQuant [...] The post Bitcoin Price Faces $20K Risk as Schiff Flags Complacency appeared first on Blockonomi.

• #bitcoin

IAEA warns Iran's nuclear material is unverified after US-Israeli strikes halted inspections. Conflicting reports emerge on whether peace talks continue. The post IAEA Sounds Alarm on Iran’s Unmonitored Nuclear Stockpile After June Strikes appeared first on Blockonomi.

CrowdStrike (CRWD) stock rises as company hires ex-NVIDIA AI leader Dr. Bartley Richardson as Chief AI Officer to advance autonomous cybersecurity systems. The post CrowdStrike (CRWD) Stock: Ex-NVIDIA AI Leader Named Chief AI Officer appeared first on Blockonomi.

The open-source AI agent Hermes from Nous Research has been equipped with memory, retained skills, a task scheduler, and support for Telegram, Slack, and other channels. The solution also features a new desktop client for macOS and Windows, simplifying the launch and operation of the personal assistant on one's own infrastructure.

Eli Lilly (LLY) partners with Ascidian Therapeutics in a $1.9B deal to develop RNA-based kidney disease treatments. Stock drops 1.67% on announcement. The post Eli Lilly (LLY) Secures $1.9 Billion Partnership With Ascidian for Kidney Disease Therapies appeared first on Blockonomi.

Navitas Semiconductor (NVTS) stock rallied 21% pre-market after showcasing GaN and SiC power systems for AI data centers in NVIDIA's MGX ecosystem. The post Navitas Semiconductor (NVTS) Stock Surges on NVIDIA AI Infrastructure Partnership appeared first on Blockonomi.

Bitcoin Magazine SEC Highlights Crypto in Its Strategic Plan for Fiscal Years 2026–2030 The U.S. Securities and Exchange Commission’s 2026–2030 draft plan under Paul S. Atkins prioritizes clearer crypto regulation, reduced enforcement overreach, and modernization of agency systems to support innovation while protecting investors. This post SEC Highlights Crypto in Its Strategic Plan for Fiscal Years 2026–2030 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Ripple's XRP Ledger is also involved in the new initiative, alongside Ethereum, Solana, and others.

Senators Elizabeth Warren and Jack Reed had already been watching World Liberty Financial (WLFI) closely before Tuesday’s compliance notice, calling on US authorities last year to review whether addresses tied to Russia, North Korea, and the blacklisted privacy mixer Tornado Cash had bypassed the project’s early presale screenings. Related Reading: Corporate Giant Eyes $4.2 Billion […]

Mastercard is expanding its global settlement network to include regulated stablecoins, intraday options, and weekend and holiday processing, giving card issuers and acquirers new tools to manage liquidity beyond traditional banking hours. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be […]

The partnership enhances financial stability and accessibility, promoting tokenized gold as a viable alternative in volatile economies. The post Tether partners with Fasset to let users spend and earn tokenized gold via Visa network appeared first on Crypto Briefing.

Nuclear stocks rallied Tuesday after Urenco announced a 50% expansion of its uranium enrichment facility and Three Mile Island won federal restart approval. The post Uranium Stocks Rally as Urenco Announces Major U.S. Enrichment Expansion appeared first on Blockonomi.

Trump's AI executive order grants government voluntary 30-day early access to advanced models before public release, driven by Anthropic's Mythos cybersecurity risks. The post Trump’s New AI Executive Order Grants Federal Government 30-Day Preview Period for Advanced Models appeared first on Blockonomi.

TLDR Binance will close its centralized NFT service on July 3, 2026, and require users to withdraw eligible assets before the deadline. The exchange stated that NFTs not withdrawn by 23:59 UTC on July 3 will become inaccessible on the Binance platform. Non-transferable NFTs, including Binance Academy certificates, cannot be withdrawn and will be replaced [...] The post Binance Ends NFT Service, Sets July 3 Withdrawal Deadline appeared first on Blockonomi.

Singapore-based data center operator BDx has partnered with state-owned energy company PLN, describing it as the largest energy commitment for a data center operator in the country. The project includes several AI campuses with a total capacity of approximately 1.2 GW. BDx's portfolio in the region comprises 18 data centers and 50 edge sites.

[PRESS RELEASE – Tel Aviv, Israel, June 3rd, 2026] The market moves, $GCOIN leads. Today, $GCOIN officially lists on leading global exchange WEEX – marking the powerful start of five major exchange listings scheduled for this June alone. This coordinated global expansion is engineered to significantly expand accessibility , lower entry barriers for retail users, […]

[PRESS RELEASE – Dubai, UAE, June 3rd, 2026] Backed by Finvasia Group, Blockmaze bridges traditional finance and blockchain through compliance-first infrastructure designed to bring trust, transparency, and legal recognition to tokenised assets Blockmaze, the largest regulated ecosystem for tokenised assets backed by Finvasia Group, is setting new standards by building the most compliant infrastructure to […]

TLDR The U.K. FCA warned football clubs about sponsorship deals with unauthorized crypto firms. The regulator said some firms may be providing regulated services without proper authorization. Officials stated that unlawful financial promotions are criminal offences under U.K. law. The FCA said such partnerships could expose clubs to legal, operational, and reputational risk. Lucy Castledine [...] The post UK FCA Warns Football Clubs Over Crypto Sponsorship Deals appeared first on Blockonomi.

GameStop shares jump 12% on record earnings, Marvell extends rally on $1T talk, Intel rises on chip demand. GitLab drops on layoffs. Market analysis inside. The post GameStop (GME), Marvell (MRVL), and Intel (INTC) Lead Pre-Market Gainers Today appeared first on Blockonomi.

Payward launches xStocks IPO access for Kraken users, offering tokenized equity allocations at offering prices before public trading begins. The post Kraken’s Payward Unlocks US IPO Access via xStocks Platform appeared first on Blockonomi.

Marvell (MRVL) stock exploded 45% in two days after Nvidia CEO Jensen Huang predicted trillion-dollar valuation. S&P 500 inclusion could be next. The post Marvell (MRVL) Stock Soars 45% — What’s Driving This Historic Rally? appeared first on Blockonomi.

The digital asset industry is experiencing its most severe downturn due to a combination of factors. According to Joe Weisenthal and Tracy Alloway, hosts of Bloomberg's Odd Lots podcast, the current period is marked not just by falling prices but by a "loss of faith" and a systemic crisis of ideas. Weisenthal emphasized that while Bitcoin has seen deeper declines in its history, the current situation is distinguished by the demoralization of market participants. Key reasons identified by experts include: collapse of protective narratives: the first cryptocurrency failed to confirm its status as an inflation hedge — amid dollar instability, investors preferred gold; competition with AI: the artificial intelligence sector has begun actively absorbing capital, engineering talent, and investor attention. Additionally, miners are forced to compete with AI data centers for electricity; institutionalization issues: the launch of spot ETFs and mainstream adoption have deprived the market of the "early-stage" development argument. Meanwhile, Wall Street's interest has shifted from trading activity to stablecoins and tokenization; technological risks: the hosts mentioned the threat from quantum computing to cryptographic security and pressure from corporate holders who may begin selling off their reserves. The situation is exacerbated by an "identity crisis" amid the absence of new growth drivers. According to Weisenthal and Alloway, even the launch of powerful models like Claude 4.6 from Anthropic and GPT-5.3 from OpenAI is drawing attention away, leaving the crypto sphere in the shadow of technological progress. At the time of writing, Bitcoin is trading at $66,975, Ethereum at $1,874, and Solana at $74.97. Despite high levels relative to past cycles, experts insist that structurally this "cold" is the harshest in the industry's history. Source: CoinGecko. Earlier, on June 2, the price of the first cryptocurrency fell below $70,000. The decline occurred amid escalating tensions between the US and Iran, as well as due to Strategy's sale of part of its reserves.

May employment data reveals 122,000 private jobs added, exceeding forecasts of 117K-120K. Broad-based gains signal steady labor market momentum ahead of BLS report. The post May Employment Data Surpasses Expectations in ADP Report appeared first on Blockonomi.

Grayscale's HYPG launches on Nasdaq with 0.29% fee, undercutting rival Hyperliquid ETFs while providing HYPE exposure and staking rewards to investors. The post Grayscale’s HYPG Launches on Nasdaq as Most Affordable Hyperliquid ETF Option appeared first on Blockonomi.

T1 Energy (TE) stock jumped 15.66% on news of KORE Power acquisition and Northland's Outperform rating with $16 target, implying 33% upside potential. The post T1 Energy (TE) Stock Climbs 15% Following KORE Power Deal and Bullish Analyst Coverage appeared first on Blockonomi.

Uber has set a $1500 monthly limit per employee for the use of AI services. The restriction applies to coding tools like Claude Code and Cursor, according to Bloomberg. Expenses for each service are tracked separately. Employees monitor their spending through an internal dashboard and can request additional funding in special cases. Uber stated that the limits are intended to help "responsibly" develop experiments with agent AI within the company. According to Bloomberg, the measure was introduced in recent months and applies only to programming tools. The decision followed a rapid increase in internal AI usage. In April, Uber's CTO Pravin Nepalli Naga reported that the company had already exhausted its annual AI budget. Previously, Uber encouraged employees to use AI "as much as possible" and compared teams based on activity in internal rankings. In May, Uber CEO Dara Khosrowshahi stated that about 10% of the company's code changes are generated by AI agents. He noted that the use of such tools has increased not only among developers but also in legal and marketing teams. Uber also announced that it will slow down hiring, considering the impact of internal AI application. Uber COO Andrew Macdonald acknowledged that the company still finds it challenging to directly link the rise in AI spending to the emergence of new useful features for customers. He mentioned that such a connection might become clearer in the future, but it is currently difficult to establish even with the growth of internal metrics. Back in November 2025, Uber launched a driverless taxi service in Abu Dhabi.

The XRP token has dropped over 3% in the past day, reaching $1.23. Amid the decline, approximately 25 million XRP were withdrawn from centralized exchanges. The next significant support level is considered to be around $1.2, with a breach potentially leading to the $1.13-$1.15 zone.

BlackBerry (BB) stock jumped 22% as CFO confirms turnaround completion. QNX revenue rose 20% with $950M backlog ahead of June 25 earnings. The post BlackBerry (BB) Stock Soars 22% as QNX Division Shows Strong Growth appeared first on Blockonomi.

TLDR The Department of Justice and the Commodity Futures Trading Commission are investigating George Santos over trades tied to a February event market. Kalshi detected suspicious activity linked to his State of the Union attendance and froze his account. Santos allegedly bet he would not attend after publicly stating he planned to appear at the [...] The post DOJ, CFTC Investigate Santos Over Kalshi Event Trades appeared first on Blockonomi.

Trump's assertion of initiating the US-Iran war underscores heightened military tensions, reducing prospects for diplomatic resolutions. The post Trump claims responsibility for starting US-Iran war, denies Israeli influence appeared first on Crypto Briefing.

Barry Silbert brings back his viral 1% Bitcoin market cap prediction for Zcash (ZEC) as institutional inflows into Grayscale spike.

• #bitcoin

The U.S. Strategic Bitcoin Reserve blueprint is due in July 2026. Here’s what exists now, what Congress may change, and whether the U.S. will buy BTC.

• #bitcoin

TLDR Grayscale launched the HYPG Hyperliquid Staking ETF on Nasdaq with a 0.29% sponsor fee. The HYPG fee undercuts competing products from Bitwise and 21Shares. The ETF provides exchange-traded exposure to Hyperliquid’s native token HYPE. HYPE ranks as the tenth-largest cryptocurrency with a $15.8 billion market cap. The Commodity Futures Trading Commission approved the first [...] The post Grayscale Launches HYPG Hyperliquid ETF on Nasdaq appeared first on Blockonomi.

Intel (INTC) stock rose 6% after CEO Lip-Bu Tan's Computex keynote, Xeon 6 Plus launch, and analyst upgrades from Mizuho, Wells Fargo, and Barclays. The post Intel (INTC) Stock Rallies 6% After CEO Reframes TSMC Relationship at Computex appeared first on Blockonomi.

AMD director sold $5.4M in shares near 52-week highs. With strong earnings and AI growth, should investors be concerned about this insider transaction? The post AMD (AMD) Stock: Board Member Offloads $5.4M Stake as Shares Surge — Red Flag or Routine? appeared first on Blockonomi.

The collaboration could significantly enhance digital payment systems, potentially reshaping global financial transactions and infrastructure. The post Stripe, Visa and Mastercard are close to launching a joint stablecoin platform: Report appeared first on Crypto Briefing.

Xos (XOS) stock soared over 200% after introducing the Power Hub, a mobile energy storage system that eliminates grid connection wait times for data centers. The post Xos (XOS) Stock Skyrockets 200% on Revolutionary Power Hub Launch appeared first on Blockonomi.

Despite the collaboration, ADA dropped to a five-year low.

• #Cardano

Despite initial reports, Zcash is fine and didn't go through shutdown and had no issues with block production.

Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure.

The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains.

IREN (IREN) stock jumped 5.61% pre-market after announcing an 800MW AI data center campus transmission deal in South Australia's Bundey region. The post IREN Limited (IREN) Stock Surges 5.61% on Massive Australian AI Data Center Announcement appeared first on Blockonomi.

S&P 500 targets longest rally since 1995 as oil surges near $98 on U.S.-Iran strikes. Dow futures dip 0.4% with new tariffs adding pressure. The post S&P 500 Chases Historic Rally as Crude Surges on U.S.-Iran Conflict appeared first on Blockonomi.

GitLab (GTLB) stock dropped 5% despite beating Q1 earnings and raising guidance. Weak Q2 outlook and 14% workforce reduction weighed on investor sentiment. The post Why GitLab (GTLB) Stock Tumbled Despite Strong Q1 Earnings Beat appeared first on Blockonomi.

Zcash Foundation fixed a critical Orchard bug with Zebra 5.0.0 after an emergency soft fork, saying funds and privacy stayed secure on-chain

XRP marked its 14th anniversary on Tuesday, June 2, with Ripple executives and long-time community figures reflecting on the asset’s origins just as the company announced a larger footprint in Washington, D.C. The timing places XRP’s history and Ripple’s policy ambitions side by side, at a moment when US digital asset regulation remains a central […]

Palo Alto Networks (PANW) exceeded Q3 estimates with $0.85 EPS and $3B revenue, up 31% YoY. Analysts upgraded targets following strong performance. The post Palo Alto Networks (PANW) Surpasses Q3 Expectations with 31% Revenue Surge appeared first on Blockonomi.

Federal investigators have opened a probe into former U.S. Representative George Santos after suspicious prediction market trades allegedly generated tens of thousands of dollars around President Donald Trump’s February State of the Union address. NPR reported that the Department of…

Okta (OKTA) stock surged 30% after beating Q1 estimates with $765M revenue. AI agent identity demand drives growth as UBS sets $130 price target. The post Okta (OKTA) Stock Soars 30% on Earnings — AI Identity Boom Fuels Rally appeared first on Blockonomi.

Ulta Beauty (ULTA) stock soared 7.5% after hours following a Q1 earnings beat with $7.74 EPS. The retailer raised full-year guidance on strong sales. The post Ulta Beauty (ULTA) Stock Surges on Strong Q1 Earnings Beat and Raised Guidance appeared first on Blockonomi.

Medtronic (MDT) stock beats Q4 with $9.81B revenue. Cardiac Ablation jumps 78%, but FY27 guidance misses estimates amid rising tariff costs. The post Medtronic (MDT) Stock Surges on Q4 Beat Despite Tariff Headwinds and Weak FY27 Outlook appeared first on Blockonomi.

HYPE price has climbed to fresh record highs amid growing demand for Hyperliquid investment products and a high-profile short squeeze that forced a major bear to abandon a $110 million position. According to data from crypto.news, Hyperliquid (HYPE) price traded…

[PRESS RELEASE – Mexico City, Mexico, June 3rd, 2026] The international crypto entertainment platform 1win has announced the addition of Ilia Topuria to its VIP community. The signing of the contract with the fighter became publicly known on June 2, 2026. Topuria becomes a new member of the global 1win VIP Community, the brand’s exclusive […]

Shrinking exchange balances could tighten available ETH supply, adding another layer to the longer-term bullish argument.

Binance discontinues its centralized NFT service on July 3, 2026. Users must withdraw assets to Binance Wallet or compatible wallets before access ends. The post Binance Shuts Down Centralized NFT Platform Service by July 3 appeared first on Blockonomi.

Bank of America has appointed Adam Dixon, a more than 20-year veteran of the firm, as its global head of digital asset transformation, tasking him with steering the second-largest American bank’s crypto and tokenization strategy. A New Crypto Command at a Wall Street Giant The appointment names Dixon global head of digital asset transformation, with […]

Binance is transitioning its NFT service to Binance Wallet, allowing users to manage NFTs through a more integrated web3 environment. The post Binance to shutter NFT service and accelerate migration to decentralized wallet appeared first on Crypto Briefing.

Binance has announced the closure of its NFT platform, ending support for a service that once operated during a period when annual NFT trading volumes exceeded $50 billion but now serves a market that generated about $5.5 billion in 2025.…

Yoshitaka Kitao links the crypto drop to tech IPO liquidity drains, revealing why the US CLARITY Act vote is the ultimate catalyst for Ripple and XRP.

$1.6 billion in longs crushed as crypto selloff deepens.

Ripple has launched on Mastercard’s global stablecoin settlement platform to allow users explore more options to settle card transactions.

TLDR: Ondo Finance Global Markets surpassed $5B in cumulative DEX volume on BSC. Most tokenized equity products cover only 2–3 of the 5 required infrastructure layers. BUIDL, BENJI, and VBILL are the primary products building out the collateral layer in DeFi. Without a collateral layer, tokenized equities function as price trackers, not financial instruments. Tokenized [...] The post Tokenized Equities Advance on BSC as Collateral and DeFi Gaps Persist appeared first on Blockonomi.

160 former security officials back the CLARITY Act in new push for crypto regulation. Blockchain Association leads Senate advocacy campaign for digital asset oversight. The post 160 Former Security Officials Rally Behind CLARITY Act in Letter to Senate appeared first on Blockonomi.

CME Group now trades crypto futures 24/7, ending the weekend closure and the famous CME gap. What changed, why institutions wanted it, and the catch.

Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a "catch-up" with record highs in stocks.

• #bitcoin

Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.

• #bitcoin

XRPPower unveils AI-driven digital asset platform focused on automation, transparency, and data traceability. In the recent volatile cryptocurrency market, more and more investors are realizing that relying solely on price increases to generate profits is becoming increasingly difficult. The market’s…

• #bitcoin

Astera Labs (ALAB) stock surged 11.14% following Taiwan lab expansion that enhances AI infrastructure validation and partnerships with AMD, NVIDIA, and ODMs. The post Astera Labs (ALAB) Stock Climbs Double Digits on Taiwan Lab Expansion for AI Systems appeared first on Blockonomi.

Binance disclosed an Alpaca stake and fee-sharing terms as it expands U.S. stock and ETF trading for eligible global users.

Shiba Inu is clearly struggling with the recovery, as investors push fresh funds to exchanges.

Broadcom (AVGO) hit a record $481.57 before Q2 earnings. AI revenue doubled, Alphabet raised $80B for infrastructure, and analysts forecast 47% growth. The post Broadcom (AVGO) Stock Soars to All-Time High Before Q2 Earnings Release appeared first on Blockonomi.

Trezor says Safe 7 funds remain secure after Ledger Donjon found a TROPIC01 chip flaw during lab testing with physical access.

Recently, there have been rallies across some altcoins, with Ethereum seeing some recovery as well, pushing the idea of an alt season. With the likes of Hyperliquid pumping to new all-time highs, this has propelled some of the top 100 altcoins by market cap to surpass Bitcoin’s performance during this time. As more altcoins continue […]

• #litecoin

Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing token. A Fee War Heats up Around HYPE Grayscale has launched its Hyperliquid Staking exchange-traded fund (ETF), with the product now trading live under the […]

Palantir (PLTR) stock fell 5.3% after a director sold shares. Insiders dumped $45.3M in three months despite Q1 revenue jumping 84.7% year-over-year. The post Palantir (PLTR) Stock Tumbles as Directors Offload $45.3M Despite Stellar Earnings appeared first on Blockonomi.

Bitget unveils Stocks 2.0 with 36 tokenized equities including Apple, Tesla, NVIDIA. Features USDT trading, 1:1 mapping, and expanded ecosystem integration. The post Bitget Unveils Stocks 2.0: 36 Tokenized Equities Now Available for Trading appeared first on Blockonomi.

TLDR: Hyperliquid has reached $4.5T in cumulative perp volume with $10.1B in open interest. Grayscale launched the HYPG staking ETF at a 0.29% gross management fee for investors.  HIP-3 makes perp market creation permissionless, with 187 active builder codes so far. Hyperliquid has returned $1.12B in revenue to holders across the protocol’s lifetime. Hyperliquid has [...] The post Hyperliquid Hits $4.5T in Perp Volume as Grayscale Launches HYPE Staking ETF appeared first on Blockonomi.

Bitcoin's dominance continues to decline amid the latest price moves.

• #litecoin
• #bitcoin

Gold dropped 1% to $4,444 amid Iranian attacks on U.S. targets in Bahrain and Kuwait. Traders await Friday's payrolls report for interest rate signals. The post Gold Dips Under $4,500 Amid Iran Conflict and Anticipation of U.S. Employment Report appeared first on Blockonomi.

The privacy-focused blockchain Zcash is experiencing a technical malfunction. The network has not produced blocks for over four hours.

Oracle (ORCL) reports Q4 earnings June 10. Analysts project $1.96 EPS and $19.1B revenue. Stock up 27% YTD. Is ORCL a buy now? Full analysis inside. The post Should You Buy Oracle (ORCL) Stock Ahead of Its June 10 Earnings Report? appeared first on Blockonomi.

Ripple CEO Brad Garlinghouse’s celebration of XRP’s 14th anniversary has reignited a technical debate within the cryptocurrency community regarding the digital asset's exact birthday.

Nebius (NBIS) shares surged 8.7% to record highs after Situational Awareness LP revealed a 5.6% stake. Q1 revenue climbed 684% YoY to $399 million. The post Nebius (NBIS) Stock Soars to Record Peak as AI-Focused Hedge Fund Takes Major Position appeared first on Blockonomi.

GameStop (GME) stock surged 9% after posting record Q1 profit of $389.6M and launching a $2B buyback program. Revenue climbed 14% year-over-year. The post GameStop (GME) Stock Surges 9% Following Historic Quarterly Profit Report appeared first on Blockonomi.

Bitcoin fell below $70K, down 45% from its high, with extreme fear and record ETF outflows. Is the 2026 crypto bull market over?

The economist also warned that Strategy's STRC's yield structure could enter a damaging downward spiral if confidence fades.

• #bitcoin

The platform TapTools, which provides analytics and infrastructure solutions for the Cardano ecosystem, will cease operations within two weeks. The primary reasons cited are the departure of key employees and high operational costs. After four years of building for Cardano, today we have difficult news to share. pic.twitter.com/eBN9J9FErx— TapTools (@TapTools) June 2, 2026 Earlier this year, two co-founders, as well as the COO and CTO, left the project. The interim CTO appointed later also moved to another project. TapTools emphasized that technical support for a platform of this scale requires significant infrastructure and development costs, which the project cannot sustain under current conditions. Cardano founder Charles Hoskinson commented on the situation, noting that TapTools' exit reflects the overall pressure on projects within the network. TapTools https://t.co/Z2EjQXUBKQ— Charles Hoskinson (@IOHK_Charles) June 2, 2026 He warned of a potential "wave of failures" in the second half of the year, affecting DeFi protocols and other startups due to unfavorable market conditions. The TapTools team added that they remain open to acquisition offers or external funding, which could allow the service to continue operations. Launched in 2022, the project was considered one of the key tools for monitoring tokens and activity in the Cardano ecosystem. In May, the Cardano Foundation canceled the Cardano Summit 2026 in Singapore after a treasury funding proposal failed to gain the necessary support in an on-chain vote.

• #Cardano

Microsoft (MSFT) stock dropped 4.17% after unveiling Majorana 2 quantum chip. Analysis of the investment opportunity amid quantum computing advancements. The post Microsoft (MSFT) Stock Dips 4% Despite Majorana 2 Quantum Chip Announcement appeared first on Blockonomi.

Goldman Sachs keeps Buy rating on Nvidia (NVDA) stock with $285 target. RTX Spark platform and Vera Rubin production ramp drive bullish outlook. The post Goldman Sachs Maintains Bullish Stance on Nvidia (NVDA) Stock with $285 Target appeared first on Blockonomi.

UK MPs demand exit from Palantir's (PLTR) £330M NHS contract, branding it a national security risk. Committee urges break clause activation by 2027. The post Palantir (PLTR) Stock Under Scrutiny as UK Lawmakers Demand NHS Contract Exit appeared first on Blockonomi.

Mastercard has expanded its payment network to support stablecoin settlements across multiple blockchains and beyond traditional banking hours, adding support for six regulated dollar-backed tokens. According to a statement released by Mastercard on Wednesday, the company will enable card settlement…

Micron (MU) stock soared 966% on AI-driven HBM sales. Analysts forecast 67% more upside, but one cyclical risk threatens the rally. What investors need to know. The post Micron (MU) Stock: The Critical Cyclical Threat Investors Must Watch appeared first on Blockonomi.

Newlimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C round led by Founders Fund, roughly tripling the company’s valuation to about $3.1 billion. Crypto Wealth Flows Into Longevity Science Newlimit, the anti-aging biotech co-founded by Coinbase Global Inc. (Nasdaq: COIN) Chief Executive Brian Armstrong, has closed […]

Iranian drones hit Kuwait airport as US-Iran clashes escalate. Crude oil all-time high by December at 28% YES, September at 23.5% YES. The post Iranian drones strike Kuwait airport as US-Iran clashes escalate in Persian Gulf appeared first on Crypto Briefing.