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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/27/2026 11:35 PM Circle Payments Network Adds Nium to Bridge USDC Settlement With Global Payouts
TLDR: Nium joins Circle Payments Network as a global payout partner across 190+ countries and 100 currencies. Financial institutions can now access USDC settlement and last-mile fiat payouts through a single integration. The partnership reduces prefunding requirements across corridors while adding real-time onchain transaction tracking. CPN has reached $8.3 billion in annualized volume, reflecting rising [...]
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05/27/2026 11:10 PM Worldcoin Surges 15% as On-Chain Activity Hits 2026 Highs Amid DeFi Integration
TLDR: WLD surged 15.72% in 24 hours, trading at $0.3813 while most altcoins posted losses on the same day. Whale transactions hit 64 in one day, marking the highest level of 2026 according to Santiment on-chain data. Oku Trade integration into World App launched swap competitions, pushing trading volume up 266% to $768 million. New [...]
The post Worldcoin Surges 15% as On-Chain Activity Hits 2026 Highs Amid DeFi Integration appeared first on Blockonomi.
05/27/2026 10:41 PM Cash App Enables USDC Transfers on Solana, Ethereum, Polygon, and Arbitrum With Zero Fees
TLDR: Cash App users can now send and receive USDC on Solana, Ethereum, Polygon, and Arbitrum at zero fees. Block Inc. keeps Bitcoin as its core focus, with stablecoins seen only as a bridge to Bitcoin adoption. The total stablecoin market supply has crossed $300 billion, driven largely by Tether’s continued growth. Major payment networks [...]
The post Cash App Enables USDC Transfers on Solana, Ethereum, Polygon, and Arbitrum With Zero Fees appeared first on Blockonomi.
05/27/2026 10:07 PM Banca Sella Becomes Italy’s First Bank to Offer Crypto Services Under MiCA
TLDR: Banca Sella completes Bank of Italy notification, becoming Italy’s first MiCA-compliant crypto bank. The bank plans to launch digital asset custody and transfer services for select clients by end of 2026. Banca Sella is a founding member of Qivalis, a 37-bank European consortium developing a euro stablecoin. While Europe advances under MiCA, the US [...]
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05/27/2026 07:10 PM PDD Holdings (PDD) Stock Plunges 10% Despite Revenue Gains as Q1 Earnings Disappoint
PDD Holdings (PDD) stock fell 10% after reporting Q1 results showing 11% revenue growth but 15% net income decline amid rising operational costs.
The post PDD Holdings (PDD) Stock Plunges 10% Despite Revenue Gains as Q1 Earnings Disappoint appeared first on Blockonomi.
05/27/2026 07:05 PM Market Movers: Memory Chip Giants Hit $1 Trillion as Goldman Sees S&P 500 Reaching 8,000
Micron and SK Hynix hit $1 trillion market caps on AI memory surge. Goldman raises S&P 500 target to 8,000. Full breakdown of today's market movers.
The post Market Movers: Memory Chip Giants Hit $1 Trillion as Goldman Sees S&P 500 Reaching 8,000 appeared first on Blockonomi.
05/27/2026 06:58 PM Nvidia (NVDA) and Micron (MU) Set to Power 33% of S&P 500 Profit Expansion in 2026
Goldman Sachs forecasts Nvidia (NVDA) and Micron (MU) will drive 33% of S&P 500 earnings growth in 2026. NVDA price target: $306.46 with 45% upside.
The post Nvidia (NVDA) and Micron (MU) Set to Power 33% of S&P 500 Profit Expansion in 2026 appeared first on Blockonomi.
05/27/2026 06:57 PM BofA Maintains Buy Rating on Walmart (WMT) Stock Despite Price Target Reduction
Bank of America maintains Buy rating on Walmart (WMT) stock with $144 target, citing 18.7% upside despite recent selloff and rising operational costs.
The post BofA Maintains Buy Rating on Walmart (WMT) Stock Despite Price Target Reduction appeared first on Blockonomi.
05/27/2026 06:50 PM Reddit (RDDT) Stock Surges 6% as Wall Street Predicts 58% Rally Ahead
Reddit (RDDT) stock surged 5.78% Tuesday as analysts set price targets 58% above current levels, backed by strong Q1 earnings and institutional buying.
The post Reddit (RDDT) Stock Surges 6% as Wall Street Predicts 58% Rally Ahead appeared first on Blockonomi.
05/27/2026 06:43 PM Wolfspeed (WOLF) Stock Tumbles 20%: Smart Entry Point or Red Flag?
Wolfspeed (WOLF) stock plunged 19.6% on May 27 to $59.13 despite Q3 earnings beat and debt refinancing. Is the selloff a buy signal or warning?
The post Wolfspeed (WOLF) Stock Tumbles 20%: Smart Entry Point or Red Flag? appeared first on Blockonomi.
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