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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/24/2026 11:15 PM Ethereum Holds Near $1,600 as Whale Activity and Stablecoin Data Hint at a Potential Trend Reversal
TLDR: Ethereum is trading near $1,600, approximately 21% below its 30-day peak amid sustained market weakness. Two whale wallets withdrew $58.83M in ETH from Kraken and Bitgo, matching prior Bitmine purchase patterns. Binance stablecoin reserves and netflows have shifted to neutral, signaling a pause in aggressive capital flight. The bullish regime shift probability has climbed [...]
The post Ethereum Holds Near $1,600 as Whale Activity and Stablecoin Data Hint at a Potential Trend Reversal appeared first on Blockonomi.
06/24/2026 10:29 PM Over $2.2 Trillion Wiped From Crypto Market in Eight Months as Bitcoin Hits Cycle Low
TLDR: Over $2.2 trillion has been wiped from the crypto market in eight months since the October 2025 peak. Bitcoin dropped 53% from its $126,200 all-time high, hitting a new cycle low of $59,000 in June 2026. Ethereum fell 67% from its October top, while altcoins excluding both assets lost $538 billion in value. The [...]
The post Over $2.2 Trillion Wiped From Crypto Market in Eight Months as Bitcoin Hits Cycle Low appeared first on Blockonomi.
06/24/2026 10:00 PM Binance Europe License Bid Fails in Greece as Exchange Vows to Stay in EU
TLDR: Binance’s Greek license bid collapsed, leaving the exchange one week to secure an alternative EU authorization. Regulators in Greece, Ireland, and Latvia all pushed back against Binance’s MiCA license application. Binance Head of Europe Gillian Lynch confirmed the firm is actively seeking a new EU licensing jurisdiction. Officials cited past money laundering penalties and [...]
The post Binance Europe License Bid Fails in Greece as Exchange Vows to Stay in EU appeared first on Blockonomi.
06/24/2026 06:55 PM Trump’s Postponement of Housing Bill Stalls Federal CBDC Ban Until 2030
Trump postpones housing bill with CBDC ban through 2030, linking approval to SAVE America Act passage. Crypto legislation faces mounting uncertainty.
The post Trump’s Postponement of Housing Bill Stalls Federal CBDC Ban Until 2030 appeared first on Blockonomi.
06/24/2026 06:54 PM Trump’s Housing Bill Delay Stalls Federal CBDC Prohibition Until 2030
Trump delays housing bill with CBDC ban through 2030, demanding Congress pass SAVE America Act first. Stablecoin protections remain intact in legislation.
The post Trump’s Housing Bill Delay Stalls Federal CBDC Prohibition Until 2030 appeared first on Blockonomi.
06/24/2026 06:48 PM How Provably Fair Technology Works — And How to Verify Any Crypto Casino Bet
When you place a bet at a traditional online casino, you’re trusting that the outcome was fair. That trust is backed by gambling licenses, third-party audits, and regulatory oversight — but at the end of the day, you can’t independently verify whether a specific result was manipulated. Crypto casinos introduced a fundamentally different approach. Instead [...]
The post How Provably Fair Technology Works — And How to Verify Any Crypto Casino Bet appeared first on Blockonomi.
06/24/2026 05:41 PM Wall Street AI Watch: Micron (MU) Results, SK Hynix $29B Listing, and Chip Stock Recovery
Micron earnings and SK Hynix's $29B U.S. listing plan drove semiconductor stocks higher today. Full recap of AI-focused market action on Wall Street.
The post Wall Street AI Watch: Micron (MU) Results, SK Hynix $29B Listing, and Chip Stock Recovery appeared first on Blockonomi.
06/24/2026 05:26 PM SpaceX (SPCX) Stock Plunges 10.6% Despite Securing $6.3B AI Computing Contract
SpaceX (SPCX) stock fell 10.6% despite announcing a $6.3B compute deal with Reflection AI for Nvidia GB300 chips starting July 2026 at Colossus 2.
The post SpaceX (SPCX) Stock Plunges 10.6% Despite Securing $6.3B AI Computing Contract appeared first on Blockonomi.
06/24/2026 05:19 PM ASML (ASML) Stock Plummets 8% Amid U.S.-China Export Control Tensions
ASML stock dropped 7.82% amid U.S. export control allegations and proposed legislation blocking DUV lithography sales to China, a key revenue source.
The post ASML (ASML) Stock Plummets 8% Amid U.S.-China Export Control Tensions appeared first on Blockonomi.
06/24/2026 05:10 PM Kalshi Files Federal Lawsuit Against Illinois Prediction Market Regulations
Kalshi challenges Illinois licensing law for prediction markets, claiming federal CFTC authority preempts state regulations ahead of July 1 enforcement.
The post Kalshi Files Federal Lawsuit Against Illinois Prediction Market Regulations appeared first on Blockonomi.
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