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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/09/2026 11:34 AM XRP Funding Rates Hit Record Negative Stretch Even as Price Climbs 27%
TLDR: XRP funding rates on Binance have stayed negative for nearly three months, marking a record bearish stretch for the token. The Total3 index lost over $544B during the correction but has since recovered roughly $125B from early February repositioning. XRP posted a 27% gain while derivatives traders maintained a bearish bias, creating a rare [...]
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05/09/2026 11:00 AM Blockbuster Crypto News: Elon Musk SpaceX Anthropic Deal Fires Up AI Rally and Pepeto Could Be the Last Presale Entry Before Listing
The biggest moves in crypto always start with a headline from outside the market, and the blockbuster crypto news on May 7 was exactly that. Elon Musk dissolved xAI into SpaceX, signed a compute deal with Anthropic worth 220,000 Nvidia GPUs, and set the stage for an IPO that could reach $2 trillion. When the [...]
The post Blockbuster Crypto News: Elon Musk SpaceX Anthropic Deal Fires Up AI Rally and Pepeto Could Be the Last Presale Entry Before Listing appeared first on Blockonomi.
05/09/2026 10:53 AM Micron (MU) Stock Skyrockets 38% in Historic Weekly Rally Fueled by Memory Chip Shortage
Micron (MU) stock jumped 38% this week to record levels, pushing market cap over $840B as global memory chip shortage intensifies demand and pricing power.
The post Micron (MU) Stock Skyrockets 38% in Historic Weekly Rally Fueled by Memory Chip Shortage appeared first on Blockonomi.
05/09/2026 10:03 AM Ethereum (ETH) Slides Under $2,300 Amid Major Whale Dumping and ETF Withdrawals
Ethereum (ETH) drops to $2,290 as whale sells 244K ETH and spot ETFs see $103.5M outflows. Resistance at $2,389 remains key for price recovery.
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05/09/2026 10:03 AM AI Agents and Crypto Payments: The Emerging 2026 Narrative
AWS launches AI agent payment system with Coinbase and Stripe using USDC. Discover how AI agents are becoming crypto's next major narrative in 2026.
The post AI Agents and Crypto Payments: The Emerging 2026 Narrative appeared first on Blockonomi.
05/09/2026 09:02 AM Ethereum DeFi TVL Falls to 54% as Specialized Chains Claim Market Share
TLDR: Ethereum’s DeFi TVL share dropped from 63.5% to 54% in 2026, yet it still leads with $45.4 billion locked. Hyperliquid recorded $9.37 billion in 24-hour perpetuals volume, confirming its role as DeFi’s top perps venue. Tron holds $89.6 billion in stablecoins with USDT at 97.86%, making it crypto’s largest dollar-settlement rail. Ethereum’s DeFi TVL [...]
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05/09/2026 08:52 AM Ondo Finance Builds Bullish Setup Near 0.44 as Institutional RWA and Capital Inflows Surge
TLDR: Ondo Finance holds near $0.44 as accumulation signals strengthen across trading sessions Ondo Finance benefits from RWA expansion as institutional inflows support the market recovery trend Market structure improves as ONDO shows higher lows and reduced downside pressure overall Cross-border settlement with major institutions strengthens ONDO’s relevance in tokenized finance Ondo Finance is on [...]
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05/09/2026 08:37 AM ETH Under Pressure as Falling DEX Volume and DApp Revenue Signal Ecosystem Slowdown
TLDR: ETH stays below the $2,400 resistance as repeated rejections signal weak bullish momentum overall Ethereum DEX volume drops 53% in six months, while DApp revenue declines nearly 49% sharply Solana and Hyperliquid now capture about 42% of total DApp revenue, shifting market activity ETH underperforms the market with 21% yearly decline compared to the [...]
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05/09/2026 08:12 AM Bitcoin (BTC) Faces Fresh Headwinds as ETF Outflows Hit $277M Near $80K Mark
Bitcoin ETFs record $277M in outflows, ending 5-day streak. BTC trades near $80K as retail activity weakens and institutional sentiment shifts.
The post Bitcoin (BTC) Faces Fresh Headwinds as ETF Outflows Hit $277M Near $80K Mark appeared first on Blockonomi.
05/09/2026 08:11 AM This Week in Crypto: $1M Bitcoin Forecast, Senate CLARITY Vote, and Coinbase Losses Mount
VanEck predicts $1M Bitcoin within five years, Senate sets CLARITY Act date, Coinbase loses $394M, and Tether freezes $514M USDT. Weekly crypto roundup.
The post This Week in Crypto: $1M Bitcoin Forecast, Senate CLARITY Vote, and Coinbase Losses Mount appeared first on Blockonomi.
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