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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
08/16/2026 11:43 AM XRP Price Falls Below $1, as Peter Brandt Favors Bitcoin Instead
TLDR: XRP price dipped to about $0.9992, placing the token 72.6% below its $3.65 record and testing a psychological level held since November 2024. Peter Brandt said he would immediately exchange a hypothetical 500,000-XRP holding for Bitcoin after rejecting an XRP wager on X. CryptoQuant tracked the taker buy and sell ratio near 0.8, with [...]
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08/16/2026 09:29 AM Michael Saylor Touts STRC Income During the Bitcoin Price Slump
TLDR: Bitcoin price trades near $63,069 after a 47% yearly decline, while $61,126 support and $63,517 resistance define the immediate setup. Michael Saylor says Strategy’s digital credit products returned between negative 27% and positive 9%, with STRC leading the group. STRC preferred stock carries a 12% variable annual dividend, paid semi-monthly, and Strategy targets [...]
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08/16/2026 09:19 AM Algorand v5.0.0 Clears 90% Support as Post-Quantum Upgrade Nears Mainnet
TLDR: Algorand v5.0.0 reached 90% node support, clearing the upgrade for activation after its cooldown period. Native Falcon-1024 accounts give Algorand protocol-level support for post-quantum signatures. AVM v13 expands smart contracts with larger sizes, new opcodes and cross-app box storage support. A new per-byte fee model targets larger transactions while keeping standard transfer fees unchanged. [...]
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08/16/2026 08:39 AM Nvidia (NVDA) Stock Surges as $500B AI Infrastructure Initiative Wins Analyst Support
Nvidia (NVDA) unveils $500B AI financing plan with major partners. Morgan Stanley keeps Overweight rating with $288 target. Analysts raise price forecasts.
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08/16/2026 08:38 AM Cardano’s Charles Hoskinson Takes Aim at Claude Watermarks With New Anthropies Tool
TLDR: Anthropies targets Claude’s keyed text watermark by changing wording through an unmarked rewriting model. The project also removes C2PA credentials, Git attribution trailers and other Claude-related metadata. Anthropies says watermark detection indicates Claude contact but cannot independently establish who authored text. Hoskinson’s repository links AI watermarking with wider questions about ownership, attribution and digital [...]
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08/16/2026 08:32 AM Kalshi Claims Nevada Officials Violated Federal Law While Imposing $120K Daily Penalties
Kalshi battles Nevada's $120K daily fines over geofencing, claiming state investigators broke federal law. The platform faces separate actions from NY and CFTC.
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08/16/2026 08:31 AM AMD (AMD) Stock Surges 6% Following Massive Bond Offering and BofA’s Bullish Outlook
AMD stock rallied 6.19% to $512.93 after completing a $4.75B bond sale and receiving a bullish upgrade from Bank of America targeting the server CPU market.
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08/16/2026 08:30 AM UiPath (PATH) Surges 25% This Month Following Debut Profitable Quarter
UiPath (PATH) stock surged 25% in August after posting its first GAAP-profitable quarter. Q1 revenue rose 17% YoY to $418M, but analysts remain cautious.
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08/16/2026 08:24 AM Why Warren Buffett and Stanley Druckenmiller Converged on Alphabet (GOOGL) Stock
Warren Buffett's Berkshire and Stanley Druckenmiller both bought Alphabet (GOOGL) in Q2. Trading at $343.54, GOOG carries a Buy rating with $415 target.
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08/16/2026 08:23 AM Alibaba (BABA) Stock Climbs as Qwen AI Surpasses 3 Billion Downloads Worldwide
Alibaba (BABA) stock climbed 1.35% as Qwen AI hit 3 billion downloads globally, outpacing Meta and Google in the open-source AI competition.
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