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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
10/25/2026 12:07 AM Bitcoin’s Midterm Election ‘Curse’ Fuels Crash Fears Ahead of November Vote
TLDR: Ali Martinez identified Bitcoin drawdowns of 72%, 65%, 52%, and 27% across four midterm cycles since 2010. Bitcoin’s past election-cycle losses coincided with Mt. Gox’s fall, a Bitcoin Cash split, and FTX’s collapse. Bitcoin recovered about 40% from its July low near $57,850 to roughly $81,455 by October 22 this year. U.S. spot Bitcoin [...]
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10/24/2026 11:29 PM Keystone Confirms Customer Data Breach Following Unauthorized Website Access
TLDR: Keystone detected unauthorized website access on October 20 and confirmed customer data exposure October 23. Exposed records included customer names, emails, phone numbers, shipping addresses, products and prices. Keystone said payment details, wallet passwords, private keys and recovery phrases were not compromised. Keystone has not identified the attacker, the number of affected customers or [...]
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10/24/2026 09:27 PM Bitcoin Price Trades Near $80K as Schiff Sees $75K as Next Level
TLDR: Bitcoin price fell below $80,000, with reported lows from $79,146 to $79,263, while CoinGlass recorded $239.65 million in BTC liquidations and $820.78 million market-wide. Longs accounted for $223 million, or 93.1%, of Bitcoin liquidations and $686.93 million of crypto-wide closures as leveraged positions unwound. U.S. spot Bitcoin ETFs lost $635.5 million Thursday and $137.9 [...]
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10/24/2026 08:17 PM Ethereum Price Holds Near $2,376 as Whale Liquidation Risk Grows
TLDR: Santiment reported that 169,770 ETH left exchanges in one day, the largest daily outflow in more than four months and a possible supply-side support signal. A similar June 5 outflow episode preceded roughly 223,800 ETH in net withdrawals and an ETH price bottom, though that historical sequence does not ensure another rebound. Two early [...]
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10/24/2026 02:00 PM LIBRA Scandal Case Against Milei Dismissed by Argentine Judge
TLDR: The LIBRA scandal criminal case against Javier Milei, Karina Milei, Hayden Davis, and eight others was dismissed after the judge found no offense established. Judge Marcelo Martínez de Giorgi ruled that a token price collapse and investor losses, without a provable deceptive act, did not establish criminal fraud. Investigators found no proof that Karina [...]
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10/24/2026 01:40 PM Swell Pauses swETH and rswETH Deposits and Withdrawals Over Inflated Exchange Rates
TLDR: Swell paused swETH and rswETH deposits and withdrawals at 2:39 a.m. ET on Friday, October 23. The swETH contract reported about 1.203 ETH, roughly 6% above the last clean rate of 1.133 ETH. On-chain analyst Spreek suspected compromised admin keys and found malicious upgrade contracts. Swell stated that no ETH has left the affected [...]
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10/24/2026 01:21 PM Arthur Hayes Warns HYPE Could Underperform ETH and ZEC
TLDR: Arthur Hayes says Hyperliquid proved on-chain perpetual futures have real demand and a working product. He sees HYPE’s main risk as underperforming ETH and ZEC rather than necessarily losing money. Perpetual DEXs face rising competition as products, features, and fees become increasingly similar. Hayes sold all his HYPE and NEAR holdings just days after [...]
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10/24/2026 10:45 AM BeOne Medicines AG (ONC) Stock: 36% Liver Cancer Response Rate Fuels Breakthrough Potential
TLDR BeOne’s liver cancer drug posts a 36% response rate in a Phase 1 clinical study. BGB-B2033 shows a 74.1% six-month response durability rate at its target dose. BeOne’s lung cancer ADC delivers a 56% response rate in CEA-high tumor patients. PRMT5 inhibitor BGB-58067 records 30.8% intracranial responses in lung cancer. ONC shares slip 1.21% [...]
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10/24/2026 10:31 AM Tesla (TSLA) Stock: Semi Production Ramps Up as $2.8B AI Chip Deal Fuels Growth Hopes
TLDR Tesla Semi enters volume production, opening the door to commercial fleet growth. Tesla and Nvidia commit $2.8B to expand advanced chip substrate production. Samsung deal backs Tesla’s autonomous driving chips and Optimus robot hardware. Tesla’s Q3 net income falls to $787M as expansion adds fresh cost pressures. TSLA slips 0.63% to $372.22 despite Semi [...]
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10/24/2026 10:10 AM Roche Holding AG (RHHBY) Stock Rallies 2.60% Following Positive Phase 3 Kidney Drug Results
TLDR Roche stock jumps 2.60% as Phase 3 kidney drug results boost market momentum. Sefaxersen cuts proteinuria by 43.1% in a pivotal Phase 3 IgA nephropathy trial. Phase 3 data show no new safety signals for Roche’s monthly kidney treatment. More sefaxersen patients see blood in urine resolve than those given a placebo. Roche awaits [...]
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