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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/01/2026 03:50 PM Peter Brandt Names XRP Among Top Transactional Crypto Networks
TLDR Peter Brandt has identified XRP as a leading candidate for real-world transactional crypto use. Peter Brandt has also named Solana and Ethereum among the top networks for payment adoption. Ran Neuner expressed surprise at Brandt’s positive comments given his past criticism of XRP. The XRP community has reacted strongly and views the remarks as [...]
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06/01/2026 03:49 PM BitMine (BMNR) Stock Plunges 33% Despite Aggressive Ethereum Accumulation Strategy
BitMine (BMNR) holds 5.42M ETH valued at $10.8B despite a 33% stock drop. The company stakes 87% via MAVAN and targets 5% of Ethereum's total supply.
The post BitMine (BMNR) Stock Plunges 33% Despite Aggressive Ethereum Accumulation Strategy appeared first on Blockonomi.
06/01/2026 03:48 PM Zscaler (ZS) Stock Surges 10% on Guggenheim’s Bullish Upgrade
Zscaler (ZS) stock rallies 10% after Guggenheim upgrades to Buy with $214 target, calling it undervalued following earnings-driven selloff.
The post Zscaler (ZS) Stock Surges 10% on Guggenheim’s Bullish Upgrade appeared first on Blockonomi.
06/01/2026 03:39 PM Bitmine ETH Accumulation Slows After Reaching 4.49% Supply
TLDR Bitmine Immersion reduced its weekly Ethereum purchases after nearing its long term supply target. The company added 26,497 ETH last week, bringing total holdings to about 5.42 million tokens. Bitmine now controls roughly 4.49 percent of Ethereum’s circulating supply based on company data. Weekly buying dropped more than 75 percent compared to the previous [...]
The post Bitmine ETH Accumulation Slows After Reaching 4.49% Supply appeared first on Blockonomi.
06/01/2026 03:29 PM Motorola Solutions (MSI) Stock Climbs on $1.5B Counter-Drone Acquisition
Motorola Solutions (MSI) stock jumped 2.75% after announcing a $1.5B acquisition of counter-drone technology firm D-Fend Solutions. Deal closes Q4 2026.
The post Motorola Solutions (MSI) Stock Climbs on $1.5B Counter-Drone Acquisition appeared first on Blockonomi.
06/01/2026 03:22 PM Palo Alto Networks (PANW) Q3 Earnings Preview: Analysts Forecast 28% Revenue Surge
Palo Alto Networks (PANW) reports Q3 FY26 earnings June 2. Wall Street forecasts $2.94B revenue, up 28% YoY. Stock up 52.4% YTD ahead of results.
The post Palo Alto Networks (PANW) Q3 Earnings Preview: Analysts Forecast 28% Revenue Surge appeared first on Blockonomi.
06/01/2026 03:22 PM Apple (AAPL) Stock Gains Momentum as Analysts Boost Targets Before WWDC Siri Unveiling
Apple (AAPL) stock nears $315 as analysts upgrade targets before WWDC. Citi holds Buy at $315, Evercore raises to $365 on Siri AI overhaul expectations.
The post Apple (AAPL) Stock Gains Momentum as Analysts Boost Targets Before WWDC Siri Unveiling appeared first on Blockonomi.
06/01/2026 03:21 PM IREN (IREN) Stock Dips as Subsidiary Lands $3.6B Financing for Microsoft AI Infrastructure
IREN stock slipped 2.31% as subsidiary IE US Hardware 3 LLC closed $3.6B financing to build GPU infrastructure for Microsoft data center in Childress, TX.
The post IREN (IREN) Stock Dips as Subsidiary Lands $3.6B Financing for Microsoft AI Infrastructure appeared first on Blockonomi.
06/01/2026 03:12 PM Broadcom (AVGO) Stock: What to Expect From Q2 Earnings Report on June 3
Broadcom (AVGO) reports Q2 earnings June 3. Analysts expect $22.12B revenue, $2.40 EPS. Options signal 10.65% post-earnings move. Stock up 29% YTD.
The post Broadcom (AVGO) Stock: What to Expect From Q2 Earnings Report on June 3 appeared first on Blockonomi.
06/01/2026 03:00 PM Best Crypto to Buy Now: BTC Bleeds $2.97B to ETFs as $GRUNTLE Presale Passes $104k
U.S. spot Bitcoin ETFs bled nearly $2.97 billion in outflows over the past ten days, triggering a severe capital flight from established large-cap assets. Bitcoin (BTC) dropped 1.22% to $73,063, breaking critical support levels as institutional liquidity drains from the top of the cryptocurrency market. The total global market cap has slipped 1.03% to $2.56 [...]
The post Best Crypto to Buy Now: BTC Bleeds $2.97B to ETFs as $GRUNTLE Presale Passes $104k appeared first on Blockonomi.
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