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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/26/2026 09:22 PM Micron Crosses $1 Trillion Market Cap as AI Demand Reshapes Memory Sector
TLDR: Micron’s market cap surged from $70 billion to $1 trillion in twelve months, driven by AI memory demand. Q3 fiscal 2026 guidance projects $33.5 billion in revenue with gross margins expected to exceed 81%. Micron can only fulfill 50% to two-thirds of demand from its largest AI customers in the near term. The HBM [...]
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05/26/2026 08:41 PM Stable Unveils StableEarn as USDT Yield Product on Morpho
TLDR Stable has launched StableEarn to help USDT holders access yield through real-world asset products. The product uses Theo’s RWA suite tied to assets such as U.S. Treasurys and gold. StableEarn is built on Morpho, with risk management parameters curated by Gauntlet. The vaults route USDT deposits into Theo’s yield products instead of relying on [...]
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05/26/2026 08:30 PM XRP Whales Cut Large Transfers as Negative Sentiment Builds
TLDR XRP whale transactions above $1 million dropped by 57.3% within nine days. Market analyst Ali Martinez reported that large XRP transactions fell from 157 to 67. The decline suggests major holders have reduced aggressive market activity for now. XRP crowd sentiment has turned sharply negative and reached a three-week high. Traders are watching whale [...]
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05/26/2026 08:24 PM Digital Chamber Defends OCC Crypto Trust Charter Approvals
TLDR The Digital Chamber rejected Sen. Elizabeth Warren’s claim that crypto trust charter approvals were improper. The group said Warren misread the National Bank Act and the OCC’s charter authority. Warren argued that firms like Ripple, Circle, Paxos, BitGo, Fidelity, and Coinbase face weaker standards. The Digital Chamber said federally regulated trust banks would not [...]
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05/26/2026 08:03 PM XRPL AMM Proposal Could Improve Liquidity for Tokenized Asset Trades
TLDR XRP Ledger developers have proposed a draft AMM Swappable Curves amendment to expand the network’s DeFi tools. The proposal would add constant product, concentrated liquidity, and StableSwap curve options to XRPL AMM pools. The draft would let liquidity providers choose how new pools price trades when the pool is created. Existing XRPL AMM pools [...]
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05/26/2026 07:51 PM UK Adds HTX to Russia Sanctions List Over A7, Garantex Ties
TLDR The UK government sanctioned HTX over alleged financial services linked to Russia. Authorities said HTX had connections to A7 Limited Liability Company and Garantex Europe OU. The sanctions include an asset freeze, trust services restrictions, and banking limits. UK internet providers and app stores must restrict access to HTX-related services. HTX was already facing [...]
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05/26/2026 07:44 PM BofA Lifts Cisco (CSCO) and Ciena (CIEN) Price Targets on AI Optical Boom
Bank of America raises Cisco and Ciena price targets, citing explosive AI-driven optical networking demand and surging 800G market growth projections.
The post BofA Lifts Cisco (CSCO) and Ciena (CIEN) Price Targets on AI Optical Boom appeared first on Blockonomi.
05/26/2026 07:43 PM Tech Stocks Soar: Qualcomm (QCOM), Micron (MU), and SK Hynix Lead Market Rally
Qualcomm reaches all-time high on ByteDance deal, Micron gains 6%, SK Hynix jumps 7%, and space stocks rally as tech sector surges on AI momentum.
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05/26/2026 07:34 PM Strive Passes Coinbase and Riot After New Bitcoin Treasury Buy
TLDR Strive purchased 1,109 BTC for about $85.4 million between May 19 and May 22. The company’s total bitcoin holdings increased to 16,500 BTC after the latest purchase. Strive moved ahead of Coinbase Global and Riot Platforms among public corporate bitcoin holders. The company said it had repaid all outstanding debt and held zero encumbered [...]
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05/26/2026 07:25 PM Bitcoin Price Cycle Debate Grows as Cowen Warns Bottom Is Not In
TLDR Benjamin Cowen said Bitcoin is still following its historical four-year cycle. Cowen argued that Bitcoin has not reached its final market bottom yet. Bitcoin’s rebound to $82,800 stalled near the 200-day simple moving average. Cowen compared the latest rejection with similar patterns seen in 2018 and 2022. Analyst Sykodelic expects Bitcoin to rally above [...]
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