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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
12/13/2025 11:47 AM K9 Finance Warns of Shibarium Exit Over Unresolved Bridge Hack Compensation
TLDR K9 Finance DAO has warned that it may leave Shibarium due to unresolved compensation tied to a September 2025 bridge exploit. The exploit resulted in approximately $4.1 million in losses, affecting ETH, SHIB, and other bridged assets. KNINE tokens worth roughly $717,000 were frozen by K9 Finance, preventing attacker liquidation. K9 Finance cited stalled [...]
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12/13/2025 11:37 AM Here’s Why Bitcoin Is Dumping Today
TLDR: Japan may raise rates, ending decades of near-zero interest policy for global investors. Yen carry trades unwind as borrowing costs rise, pressuring Bitcoin and other risk assets. Quarterly options expiry adds short-term volatility, prompting traders to reduce exposure. Bitcoin’s decline reflects mechanical market adjustments, not panic selling or sentiment shifts. Bitcoin is experiencing a [...]
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12/13/2025 10:48 AM Sui Price Eyes Rebound to $2 as DEX Volume Hits $206M in 24 hours
TLDR Sui price forms support near $1.55 amid stable upward momentum and interest. DEX volume on Sui hits $206M, reflecting strong liquidity and adoption. Sui surpasses Ethereum in bridge inflows, gaining cross-chain investor attention. A breakout above $1.80 could trigger a rally toward the psychological $2.00 resistance level. Technical indicators show neutral-to-bullish signals, supporting cautious [...]
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12/13/2025 10:37 AM Brazil’s Largest Private Bank Itaú Recommends Up to 3% Bitcoin Allocation.
TLDR: Itaú suggests 1%–3% Bitcoin allocation to enhance portfolio diversification and resilience. BITI11 ETF allows Brazilian investors to access Bitcoin with currency-hedging benefits. Bitcoin’s low correlation with domestic assets reduces dependence on local market cycles. Strategic allocation helps investors capture global returns while mitigating short-term volatility. Brazil’s leading private bank, Itaú, has officially recommended Bitcoin [...]
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12/13/2025 10:22 AM Enforcement Directorate Seizes Properties, Charges Five in $11 Million Cyber and Crypto Fraud
TLDR Enforcement Directorate filed charges against five accused in a ₹104.15 crore cyber fraud. One suspect, Bassam Doctor, is absconding and allegedly received most of the laundered funds via a non-KYC crypto wallet. The accused used fake notices impersonating ED, CBI, TRAI, and the Supreme Court to scam victims nationwide. Funds were directed through mule [...]
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12/13/2025 10:04 AM Crypto Giant Tether Attempts Juventus Buyout in Bold Cash Offer
TLDR: Tether offers €1 billion to acquire Juventus’ remaining shares from the Agnelli family. The Agnelli family holds 65.4% and currently has no plans to sell Juventus. Juventus shares have dropped nearly 30% in the past year amid market pressures. Tether seeks full ownership after holding a 10.7% stake since earlier this year. Tether has [...]
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12/13/2025 09:05 AM Filmmaker Carl Rinsch Found Guilty in $11M Netflix Fraud Case
TLDR Carl Rinsch misused $11M from Netflix, investing in crypto and speculative stocks. Jury rejected Rinsch’s claim that funds were for unfinished sci-fi series White Horse. Netflix wrote off over $55M after canceling the project due to mismanagement. Sentencing for wire fraud and money laundering set for April 17, 2026, in Manhattan. Filmmaker Carl Rinsch [...]
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12/13/2025 08:51 AM Will Solana $SOL Surge 50%? Market Optimism Builds Ahead of Key Breakout
TLDR Solana remains in accumulation below a major trendline, signaling potential upside pressure. Whale wallet “1011 Insider” added 250k $SOL, showing sustained institutional confidence. Coinbase’s Solana DEX swaps boost liquidity, supporting higher trading activity. $SOL leads 24h DEX volumes at $4.048B, outpacing Ethereum and BSC. Solana price is drawing renewed attention as market participants assess [...]
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12/13/2025 05:02 AM ETH’s Choppy Rally Eyes Major Breakout as Analysts Compare It to Gold’s Pre-Surge Setup
TLDR: Ethereum sustains higher lows from November as traders watch its approach toward a multi-year resistance ceiling. Analysts compare ETH’s range behavior to Gold’s shakeout-and-rally structure ahead of its historical breakout. Price rejected the 200MA/EMA at $3,350, yet Ethereum maintains strength relative to broader market pullbacks. Returning inflows suggest steady demand as ETH stabilizes near [...]
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12/13/2025 04:54 AM Bitcoin Holds Steady Post-FOMC as Lawmakers Call for SEC to Open 401(k) Crypto Access
TLDR: Bitcoin steadies after a sharp FOMC-driven decline, forming higher lows that signal early stabilization. Chart data shows recurring FOMC volatility, but current downside pressure appears milder than prior meetings. Large holders moved 36,500 BTC this month, adding a new layer of activity during the current market slowdown. Congress urges the SEC to permit crypto [...]
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