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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
10/04/2026 06:42 AM Ethereum Price Holds $2,600 as Binance Futures Dominate Trading
TLDR: Ethereum price holds above $2,600, with $3,400 identified as a conditional liquidity target and resistance near $2,750 to $2,800. Binance futures volume reached roughly 12.5 times spot turnover on October 1, despite ETH gaining approximately 73% since late June. CryptoPatel projects $10,000 to $15,000 during a future altseason, while his roadmap requires resistance breaks [...]
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10/04/2026 06:16 AM Cronos Token Burn Removes 228 Million CRO as Voters Back Buybacks
TLDR: The Cronos token burn removes 228 million CRO from the community pool. Community approval lifts this program to 428 million tokens. All Ult and Cronos Launch revenue will fund CRO buybacks and monthly burns. Published transaction hashes allow public verification. Staking rewards keep their current terms, with Strategic Reserve support maintaining payouts as emissions [...]
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10/04/2026 05:08 AM Cathie Wood Challenges Bill Ackman Over AI Driven Inflation Fears
TLDR: Cathie Wood challenges Bill Ackman on inflation, arguing that stronger real growth and falling technology costs can explain higher rates. Bill Ackman questions whether higher borrowing costs can slow AI infrastructure investment when companies expect exceptionally large returns. Wood cites a 99.99% annual decline in AI inference costs at constant performance, presenting the figure [...]
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10/04/2026 04:29 AM Trump Dividend Pledge Ties $5,000 Checks to 2026 Midterm Victory
TLDR: Trump Dividend proposes $5,000 per adult citizen if Republicans retain Congress, subject to congressional approval and unresolved financing. The estimated $1.2 trillion payout exceeds projected annual tariff revenue, prompting concerns about federal borrowing and inflation. CMS schedules $90 rebates for 20.8 million eligible Medicare beneficiaries, with most direct deposits expected around October 8. Published [...]
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10/04/2026 04:12 AM Bitcoin Crash Warning Flags Monday Risk as Bitcoin Cash Gains
TLDR: Bitcoin crash warning links Monday fears to Fed policy and yields. The Benner cycle comparison does not establish a scheduled crash. Bitcoin Cash gained 1.59% to $317.75, outperforming Bitcoin. Rotation into established forks remains a possible explanation for the divergence. BCH holds above its seven-day moving average with RSI at 63.52. Trading volume fell [...]
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10/04/2026 12:41 AM Chainlink Exchange Reserves Stay Flat Near 124M LINK as Price Rallies
TLDR: LINK rallied from $9 to above $15.50 after leaving a seven month range between $7 and $10 in September. Exchange reserves stayed flat between 124M and 130M LINK through the entire September to October move. Reserves now sit at 124.3M LINK, near a multi-year low and well below the 190M peak from early 2024. [...]
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10/04/2026 12:27 AM NEAR Protocol Could Face 30-40% Correction, Analyst Says
TLDR: Analyst Michaël van de Poppe expects a 30-40% NEAR correction after the recent strong upward impulse. He plans bounce plays near 4.30-4.35, adds back at $3.90, and scales in at $3.40 during a pullback. The Bitwise NEAR ETF (NRR) drew $35.5 million on day one, then $13.2 million and about $9 million. Bitwise CEO [...]
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10/03/2026 11:38 PM Ondo Tokenized Stocks Hit Record $1.26B TVL as ONDO Tests Key Support
TLDR: Ondo’s stock platform surpassed a record $1.26 billion in total value locked, per reported figures. The platform supports more than 450 tokenized stocks and ETFs, with $28B in cumulative trading volume. The TVL figures track product adoption and do not directly measure the value of the ONDO token. ONDO trades near $0.49; a break [...]
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10/03/2026 09:00 PM Bitcoin Price Stuck in 83K–87K Range as Jobs Data Fails to Spark Lasting Rally
TLDR: Bitcoin trades near $84,668, down 1.6% after failing to hold gains near $87,220 on October 3. Analyst Crypto with Haris sees resistance at 86,000-87,000 and a possible drop toward $62,000. BlackRock’s IBIT bought $195.6 million in one day, while Fidelity ETF clients added $29.28 million. September payrolls rose only 29,000 versus 90,000 expected, and [...]
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10/03/2026 04:26 PM Apple Removes Bitchat From India App Store After MeitY Order
TLDR: Bitchat has been removed from the India App Store following a MeitY blocking demand under Section 69A. Dorsey shared the notice on October 3. Apple also restricts internal and external TestFlight testing in India. The notice leaves distribution available in other selected territories. July takedown notices relied on intermediary liability provisions and drew objections [...]
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