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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
04/02/2026 11:06 PM XRP Price Prediction: Pepeto Raises Above $8.1M As Traders Eye Listing, XRP Tests $1.30 Support, Oil Tops $106
Oil just crossed $106 after fresh military threats in the Iran conflict, and the risk off move dragged Bitcoin, Ethereum, and XRP lower within hours. Meanwhile, the xrp price prediction remains uncertain as traders weigh whether $1.30 can hold. Because Pepeto is approaching its Binance listing and has already raised above $8.1M, many traders are [...]
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04/02/2026 11:03 PM SpaceX IPO Could Reshape Space Sector Valuations With a Record $75 Billion Listing
TLDR: SpaceX targets $75B in its IPO, more than double the global record set by Saudi Aramco in 2019. Starlink drove $8B in profit last year, making SpaceX already profitable ahead of its public listing. xAI, merged into SpaceX in February, burns $1B monthly, adding risk beneath the Starlink profit story. Nasdaq rule changes allow [...]
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04/02/2026 10:21 PM Coinbase-Initiated x402 Foundation Sets Out to Build a Universal Open Payment Standard for the Web
TLDR: Coinbase initiated the x402 Foundation under the Linux Foundation alongside Cloudflare and Stripe as co-founders. Over 20 founding members joined, including Google, Microsoft, Visa, Mastercard, AWS, Circle, and Shopify. The x402 protocol supports both fiat and crypto rails across multiple blockchains and payment networks globally. AI agents can now make automated payments without manual [...]
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04/02/2026 09:06 PM Ethereum Price Prediction: Pepeto Raises Above $8.1M While ETH Drops Below $2,100 and SOL Faces Pressure
Google just warned that quantum computers could crack Bitcoin’s encryption in roughly nine minutes, a finding that rattled the crypto market this week. Ethereum and Solana are both losing ground for different reasons, and the ethereum price prediction shows limited recovery while traders weigh growing risks. The real question is where smart money goes while [...]
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04/02/2026 08:44 PM Circle Introduces cirBTC Backed by Onchain BTC Reserves
TLDR Circle has introduced cirBTC as a wrapped bitcoin product backed by native BTC reserves. Each cirBTC token will be fully collateralized and verifiable onchain in real time. Circle stated that it will not rely on third-party attestations or opaque custodians. The company will launch cirBTC first on Ethereum and its Arc blockchain. Circle designed [...]
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04/02/2026 08:33 PM Elon Musk’s X to Auto-Lock First-Time Crypto Mentions
TLDR Elon Musk’s X will auto-lock accounts that mention cryptocurrency for the first time. The platform will require additional verification before restoring posting access. Head of Product Nikita Bier said the feature aims to remove the incentive behind crypto phishing attacks. The move follows user reports of hijacked accounts promoting scam tokens and fake giveaways. [...]
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04/02/2026 08:23 PM Former CFTC Chair Chris Giancarlo Urges Banks to Back Clarity Act
TLDR Former CFTC Chairman Chris Giancarlo said banks need the Clarity Act more than crypto firms. Giancarlo stated that crypto companies can move offshore and continue building their platforms. He explained that banks cannot relocate abroad and must operate under US regulations. Giancarlo said banks need clear digital asset rules to stay competitive in the [...]
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04/02/2026 08:13 PM $1B Ethereum Derivatives Sell-Off Follows Trump Remarks
TLDR Ethereum derivatives recorded more than $1 billion in sell volume within one hour after Trump’s speech on Iran. Ethereum’s price fell over 4% as traders increased short positions in the derivatives market. Binance accounted for nearly $968 million of the total Ethereum derivatives sell activity. The S&P 500 lost about $500 billion in market [...]
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04/02/2026 08:02 PM Ripple Completes 700M XRP Escrow Lock for April
TLDR Ripple re-locked 700 million XRP into its escrow account on April 1, 2026. The company returned the tokens in two transactions of 500 million and 200 million XRP. Ripple retained 300 million XRP, increasing the circulating supply. On-chain data showed 33.344 billion XRP remained in escrow after the update. XRP price fell by more [...]
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04/02/2026 07:49 PM CFTC and DOJ Sue Illinois Over Prediction Market Crackdown
TLDR The CFTC and the Department of Justice filed a lawsuit against Illinois over its action against prediction markets. Federal regulators argue that the Commodity Exchange Act gives the CFTC exclusive authority over event contracts. Illinois sent cease-and-desist letters to platforms including Kalshi, Robinhood, and Crypto.com in 2025. The CFTC claims that event contracts qualify [...]
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