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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/30/2026 01:23 PM Kalshi Forced to Suspend Michigan Sports Betting After Court Ruling
Michigan court blocks Kalshi sports betting, imposing $120K daily fines. Attorney General challenges prediction market's operations without state gaming license.
The post Kalshi Forced to Suspend Michigan Sports Betting After Court Ruling appeared first on Blockonomi.
06/30/2026 01:19 PM Citi Warns: Nasdaq Could Face Deeper Losses as 80% of Longs Are Underwater
Citi warns bearish flows are intensifying in the Nasdaq and S&P 500, with 80% of Nasdaq longs underwater, signaling potential for deeper selloffs ahead.
The post Citi Warns: Nasdaq Could Face Deeper Losses as 80% of Longs Are Underwater appeared first on Blockonomi.
06/30/2026 01:18 PM Gold Plummets to Seven-Month Low: Analyzing the Sharpest Decline Since 2013
Gold prices crash 24% from January peak, heading for worst quarter since 2013. Strong dollar and Fed rate hike expectations drive historic selloff.
The post Gold Plummets to Seven-Month Low: Analyzing the Sharpest Decline Since 2013 appeared first on Blockonomi.
06/30/2026 01:17 PM SpaceX (SPCX) Stock Rallies 7% on Russell 1000 Entry—But Watch Out for August
SpaceX (SPCX) stock surged 7.2% after Russell 1000 inclusion. Nasdaq-100 entry is next, but history and an August unlock warrant caution.
The post SpaceX (SPCX) Stock Rallies 7% on Russell 1000 Entry—But Watch Out for August appeared first on Blockonomi.
06/30/2026 01:17 PM Constellation Brands (STZ) Stock: Earnings Preview Shows Beer Recovery Versus Margin Pressure
Constellation Brands (STZ) reports Q1 earnings Tuesday. Analysts expect revenue decline despite beer recovery, with margin pressure remaining a key concern.
The post Constellation Brands (STZ) Stock: Earnings Preview Shows Beer Recovery Versus Margin Pressure appeared first on Blockonomi.
06/30/2026 01:16 PM Concentrix (CNXC) Stock Plunges 24% on Dismal Earnings Outlook and Guidance Slash
Concentrix (CNXC) stock plummeted 24% following a Q2 earnings miss and significantly reduced guidance, with peer companies also declining in response.
The post Concentrix (CNXC) Stock Plunges 24% on Dismal Earnings Outlook and Guidance Slash appeared first on Blockonomi.
06/30/2026 01:15 PM Dell (DELL) Stock Surges as Super Micro Computer Faces Investigation Fallout
Dell (DELL) stock jumped 3.8% as Super Micro plunged 8% on chip smuggling allegations. Analysts see Dell as the prime beneficiary of rival's troubles.
The post Dell (DELL) Stock Surges as Super Micro Computer Faces Investigation Fallout appeared first on Blockonomi.
06/30/2026 12:40 PM FUNToken Expands Deposit Options with WBTC (ERC-20) Support
As the FUNToken ecosystem continues to expand, making $FUN more accessible remains a key priority. With a growing portfolio of $FUN mobile games, staking opportunities, community rewards, and new ecosystem features, FUNToken is committed to providing users with a simple and seamless way to participate. Continuing this commitment, FUNToken has added WBTC (ERC-20) as a [...]
The post FUNToken Expands Deposit Options with WBTC (ERC-20) Support appeared first on Blockonomi.
06/30/2026 12:36 PM Morgan Stanley Calls BAE Systems (BA.) Europe’s Best Defense Stock to Buy Now
Morgan Stanley selects BAE Systems as top European defense investment with record order backlog and exposure to rising U.S. and Middle East spending.
The post Morgan Stanley Calls BAE Systems (BA.) Europe’s Best Defense Stock to Buy Now appeared first on Blockonomi.
06/30/2026 12:30 PM AeroVironment’s Stellar Q4 Results Lift Defense Sector Stocks
AeroVironment's Q4 revenue doubled to $641.6M, beating forecasts and lifting Kratos Defense, Vishay Precision, and other defense stocks in Tuesday trading.
The post AeroVironment’s Stellar Q4 Results Lift Defense Sector Stocks appeared first on Blockonomi.
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