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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
08/20/2026 06:58 AM Ethereum (ETH) Surges Past $2,200 Mark in Dramatic Short Squeeze Rally
Ethereum (ETH) rockets past $2,200 for the first time since June 2, gaining 8% in 24 hours as crypto-wide short squeeze hits $1.23B and ETF inflows top $71M.
The post Ethereum (ETH) Surges Past $2,200 Mark in Dramatic Short Squeeze Rally appeared first on Blockonomi.
08/20/2026 06:57 AM OCC Sets November Deadline for GENIUS Act Stablecoin Regulatory Framework
The OCC is racing to complete GENIUS Act stablecoin regulations by November 2026 after missing the July deadline, with the framework set to launch January 2027.
The post OCC Sets November Deadline for GENIUS Act Stablecoin Regulatory Framework appeared first on Blockonomi.
08/20/2026 06:51 AM Senator Gallego Cautions Against Expedited CLARITY Act Vote in Senate
Senator Gallego warns rushing the CLARITY Act vote on Sept 15 could harm bipartisan crypto negotiations over ethics concerns and stablecoin reward disputes.
The post Senator Gallego Cautions Against Expedited CLARITY Act Vote in Senate appeared first on Blockonomi.
08/20/2026 06:45 AM Bitcoin (BTC) Surges Past $70,000 Amid Treasury Buyback Expansion and Crypto Policy Push
Bitcoin (BTC) surges to $70,000 for the first time in 11 weeks following US Treasury's debt buyback expansion and Trump's crypto legislation push.
The post Bitcoin (BTC) Surges Past $70,000 Amid Treasury Buyback Expansion and Crypto Policy Push appeared first on Blockonomi.
08/20/2026 03:15 AM Whales Are Hunting Q3 Opportunities: Apeing Joins Top 10 Cryptos to Buy Among Best 1000x Cryptos
What if the next major crypto opportunity is still in its earliest stage? That question is driving renewed interest in emerging tokens as investors look beyond established market leaders for projects with room to grow. Among the newer names entering the conversation, Apeing ($APEING) is building an early-stage narrative around its community, planned utility and [...]
The post Whales Are Hunting Q3 Opportunities: Apeing Joins Top 10 Cryptos to Buy Among Best 1000x Cryptos appeared first on Blockonomi.
08/20/2026 01:32 AM Stablecoin Liquidity Shrinks to $64B as Binance Grabs Bigger Slice of Shrinking Pie
TLDR: Exchange stablecoin liquidity fell from $80B to $64B as the 2026 bear market drained capital. Binance’s reserve share rose from ~60% to 68.5% even as its own balances declined. Binance saw $1.75B in monthly outflows; OKX and Bybit also posted sizable declines. Bitcoin fell 48% since October while the S&P 500 and Nasdaq posted [...]
The post Stablecoin Liquidity Shrinks to $64B as Binance Grabs Bigger Slice of Shrinking Pie appeared first on Blockonomi.
08/19/2026 11:53 PM Webull Corporation (BULL) Stock: Rallies on Record $198.8M Q2 Revenue and Net Income Hits $24.4M
TLDR Webull Q2 revenue jumps 51% to a record $198.8M as trading activity surges. Webull posts $24.4M in Q2 net income after a $28.3M loss recorded one year earlier. Customer assets climb 79% to $28.5B as funded accounts reach 5.13 million users. Options volume rises 68% to 213 million while equity volume reaches $279B in [...]
The post Webull Corporation (BULL) Stock: Rallies on Record $198.8M Q2 Revenue and Net Income Hits $24.4M appeared first on Blockonomi.
08/19/2026 11:25 PM SK hynix (SKHY) Stock: Gains as $29B Share Buyback and Cancellation Plan Unveiled
TLDR SK hynix stock rises after unveiling a $29B share buyback and cancellation plan. SK hynix will repurchase and cancel about 3.3% of its total issued shares globally. SK hynix lifts shareholder returns above 50% of cumulative free cash flow overall. The buyback could become South Korea’s largest treasury share cancellation plan. Strong AI memory [...]
The post SK hynix (SKHY) Stock: Gains as $29B Share Buyback and Cancellation Plan Unveiled appeared first on Blockonomi.
08/19/2026 09:50 PM IBM (IBM) Stock Surges on Major Quantum Computing Cooling Innovation
IBM stock rises 1.93% following quantum computing breakthrough. Company advances toward 1,000-qubit system by 2027 and Quantum Starling launch in 2029.
The post IBM (IBM) Stock Surges on Major Quantum Computing Cooling Innovation appeared first on Blockonomi.
08/19/2026 09:32 PM Bloom Energy (BE) Stock Dips as New Power Connect System Promises 40%+ Installation Speed Boost
Bloom Energy (BE) stock drops 1.28% as company unveils Power Connect system designed to cut installation time by over 40% through factory-based preparation.
The post Bloom Energy (BE) Stock Dips as New Power Connect System Promises 40%+ Installation Speed Boost appeared first on Blockonomi.
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