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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/05/2026 11:26 AM Merlin (MRLN) Stock Soars 32% After Major Defense Autonomy Milestone
Merlin (MRLN) stock surged 32% after hours after passing a Critical Design Review for its C-130J autonomy program under a $100M+ USSOCOM contract.
The post Merlin (MRLN) Stock Soars 32% After Major Defense Autonomy Milestone appeared first on Blockonomi.
06/05/2026 10:40 AM Foxconn Upgrades Q2 Forecast Following Record-Breaking May Performance
Foxconn elevates Q2 outlook after May revenue surges 39.57% YoY to NT$859.4B. AI rack demand and new Intel, SK Group partnerships drive growth momentum.
The post Foxconn Upgrades Q2 Forecast Following Record-Breaking May Performance appeared first on Blockonomi.
06/05/2026 10:40 AM Tech Futures Decline as Markets Await Critical May Jobs Report
Nasdaq futures fall 1% after chip sector weakness. May jobs report expected to show 105K additions. Bitcoin drops 2.2% as risk appetite fades.
The post Tech Futures Decline as Markets Await Critical May Jobs Report appeared first on Blockonomi.
06/05/2026 10:33 AM Nvidia (NVDA) Stock Climbs as CEO Targets South Korea’s Robotics Revolution
Nvidia (NVDA) stock climbed 1.82% as CEO Jensen Huang landed in South Korea, targeting robotics partnerships with Samsung, Hyundai, and other industry leaders.
The post Nvidia (NVDA) Stock Climbs as CEO Targets South Korea’s Robotics Revolution appeared first on Blockonomi.
06/05/2026 10:30 AM Whale BTC Deposits Surge as Bitcoin’s June Decline Deepens
TLDR: Whale BTC inflows on Binance peaked at 8,200 BTC on June 2nd, the highest since February’s drop. Monthly average whale inflows doubled from 1,200 BTC to over 2,800 BTC within a matter of weeks. MicroStrategy and ETFs absorbed over 1.24 million BTC since March 2024, yet price remains pressured. Bitcoin’s average investor cost basis [...]
The post Whale BTC Deposits Surge as Bitcoin’s June Decline Deepens appeared first on Blockonomi.
06/05/2026 10:13 AM ServiceTitan (TTAN) Stock Soars on Robust Q1 Performance and Optimistic Guidance
ServiceTitan (TTAN) stock rallies after impressive Q1 earnings, margin expansion, and strong FY2027 guidance signal sustained platform growth momentum.
The post ServiceTitan (TTAN) Stock Soars on Robust Q1 Performance and Optimistic Guidance appeared first on Blockonomi.
06/05/2026 10:12 AM Anthropic Urges AI Industry to Prepare Emergency Pause Strategy as Self-Improving Systems Loom
Anthropic warns self-improving AI could emerge sooner than expected and proposes coordinated pause plan among major AI labs to maintain safety oversight.
The post Anthropic Urges AI Industry to Prepare Emergency Pause Strategy as Self-Improving Systems Loom appeared first on Blockonomi.
06/05/2026 10:06 AM Broadcom (AVGO) Plunges 13% Despite Record Earnings — Should Investors Buy the Dip?
Broadcom (AVGO) dropped 12.6% after Q3 AI guidance missed estimates despite record Q2 results. Is the $280B market cap wipeout a buying opportunity?
The post Broadcom (AVGO) Plunges 13% Despite Record Earnings — Should Investors Buy the Dip? appeared first on Blockonomi.
06/05/2026 10:05 AM Coinbase (COIN) Partners with Better Mortgage to Launch America’s First Bitcoin-Backed Home Loan
Coinbase (COIN) and Better Mortgage have completed the first U.S. Bitcoin-backed home loan approved by Fannie Mae, with nationwide launch coming in 2026.
The post Coinbase (COIN) Partners with Better Mortgage to Launch America’s First Bitcoin-Backed Home Loan appeared first on Blockonomi.
06/05/2026 09:48 AM South Korea Launches Criminal Investigation Into Polymarket Bettors
South Korea investigates Polymarket users for illegal gambling, testing how local laws apply to decentralized prediction markets in landmark enforcement case.
The post South Korea Launches Criminal Investigation Into Polymarket Bettors appeared first on Blockonomi.
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