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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/23/2026 03:59 PM Best Crypto Presale to Buy Now as Crypto Market Crashes, Gruntle Passes $100k Raised
Bitcoin dropped 3.4 percent over the last 24 hours, pulling the flagship asset down to $74,598 and dragging the broader cryptocurrency sector into a severe sell-off. The total market capitalisation shed 3.3 percent, erasing over $80 billion in value overnight as retail buyers scrambled for liquidity across major exchanges. The charts have burned, and institutional [...]
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05/23/2026 03:27 PM Proof-of-Pizza: Domino’s, Pizza Hut and Papa John’s Inside of the Bitcoin Pizza Fest
Bitcoin Pizza Day has long served as a symbolic checkpoint for the industry — a reminder of how far digital assets have come from their earliest use case as a medium of exchange. In 2026, cloud mining platform BeMine is turning that narrative into user growth. Through its Bitcoin Pizza Fest campaign, the company is [...]
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05/23/2026 02:37 PM Is Bitcoin’s Recovery Built on Shaky Ground? On-Chain Data Raises Red Flags
TLDR: Bitcoin was rejected near the $82,400 200DMA, mirroring the March 2022 pattern that preceded a prolonged price downtrend. CryptoQuant’s Bull Score Index fell from 40 to 20, returning to extremely bearish levels last seen in early 2026. The Coinbase Premium stayed negative throughout the rally, pointing to weak U.S. institutional and retail spot demand. [...]
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05/23/2026 02:27 PM Ethereum Pullbacks Are Only Being Viewed as Buying Opportunities, On-Chain Data Shows
TLDR: Staked ETH has reached all-time highs in 2026, reducing circulating supply and easing selling pressure on the market. MVRV data shows Ethereum investors remain profitable but are far from the overheated levels of previous cycle tops. Binance depositor activity is not rising aggressively, reducing the short-term distribution risk for ETH holders. A steadily rising [...]
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05/23/2026 02:00 PM Caesars vs DraftKings: The Established Brands — and ZunaBet’s Opportunity
The American online gambling market has been a two-front war between legacy casino brands and tech-forward sportsbook operators. Caesars brought decades of brick-and-mortar credibility into the digital world. DraftKings built its empire from daily fantasy sports and pivoted into one of the largest online sportsbooks in the country. Both are publicly traded, heavily regulated, and [...]
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05/23/2026 01:48 PM XRP Long Squeeze Setup: Why Rising Open Interest Could Spark a Sharp Reversal
TLDR: XRP’s Open Interest has spiked sharply, pointing to aggressive position-taking in the futures market. XRP’s stable Market Cap suggests large holders are not yet distributing, reducing short-term crash risk. An overheated NVT Ratio shows XRP’s valuation is outpacing on-chain activity, making rallies fragile. The most probable XRP near-term scenario is an upside squeeze followed [...]
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05/23/2026 01:38 PM SUI Network Goes Gasless on Stablecoin Transfers, Pushing Crypto Closer to Everyday Payments
TLDR: SUI Network has eliminated gas fees for stablecoin transfers, removing a major barrier for everyday crypto users. Stablecoin projects like USDC, Agora AUSD, and Bucket Protocol BUCK now operate in a more accessible payment environment. SUI’s DeFi layer spans lending, trading, and liquid staking, with protocols like Cetus, NAVI, and Haedal leading activity. Gaming, [...]
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05/23/2026 01:17 PM Polymarket Private Key Breach Drains $600K as Legacy Wallet Access Exposed
TLDR: Polymarket lost over $600K after attackers exploited an outdated backend operational key. Blockchain investigators tracked stolen funds moving through 16 wallets and ChangeNOW. User funds and market resolution contracts remained secure despite the Polygon wallet breach. The exploit exposed how legacy permissions and weak key rotation create major security risks. A private key compromise [...]
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05/23/2026 11:27 AM Bloom Energy Powers the AI Revolution With 130% Revenue Surge and $5B Brookfield Deal
TLDR: Bloom Energy posted $751M in Q1 2026 revenue, a 130% year-over-year jump driven by AI data center demand. Bloom deploys fuel cell systems in 90 days versus the two-to-five years a standard grid connection typically requires. Oracle has committed to procure up to 2.8 gigawatts of Bloom’s systems, with 1.2 gigawatts already under contract. [...]
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05/23/2026 11:12 AM Tokenized ETF Market Surpasses $1.4B TVL as Onchain Equity Adoption Accelerates
TLDR: The tokenized ETF market tripled since late 2025, reaching $1.4B TVL with $400M+ in daily onchain settlement volume. Ondo Finance controls roughly 70% of the market with over 200 live assets and more than $1B in total value locked. xStocksFi surpassed $25B in cumulative transactions, powering DeFi collateral and lending for tokenized stocks on [...]
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