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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/02/2026 11:30 AM Super Micro Computer (SMCI) Stock Surges on AMD Helios Rack-Scale AI Platform Reveal
SMCI stock gained in pre-market trading as Super Micro Computer unveiled its AMD Helios rack-scale AI platform at Computex, boosting data center prospects.
The post Super Micro Computer (SMCI) Stock Surges on AMD Helios Rack-Scale AI Platform Reveal appeared first on Blockonomi.
06/02/2026 11:27 AM Nvidia (NVDA) Picks Chinese Startup Over Tesla for Humanoid Robot Partnership
Nvidia selected China's Unitree Robotics for its Isaac GR00T humanoid robot platform instead of Tesla, marking a pivotal shift in the robotics race.
The post Nvidia (NVDA) Picks Chinese Startup Over Tesla for Humanoid Robot Partnership appeared first on Blockonomi.
06/02/2026 11:26 AM Is Bitcoin Near a Cycle Bottom as Supply in Loss Reaches 40.6%?
TLDR: Bitcoin supply in loss stands at 40.6%, showing rising market stress but below past cycle bottom zones. CryptoQuant data shows cycle bottoms historically formed at higher loss levels that have gradually declined. Analysts link lower loss thresholds to stronger long-term holders, ETFs, and institutional participation growth. ETF outflows and market shifts show institutions can [...]
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06/02/2026 11:20 AM Wall Street Analysts Give Perfect Buy Ratings to These U.S. Rare Earth Miners
MP Materials, USA Rare Earth, and Rare Earths Americas earn perfect Buy ratings as analysts back U.S. rare earth independence from Chinese suppliers.
The post Wall Street Analysts Give Perfect Buy Ratings to These U.S. Rare Earth Miners appeared first on Blockonomi.
06/02/2026 11:08 AM Palantir (PLTR) Stock: Is the Growth Story Over After a 1,000% Surge?
Palantir (PLTR) stock drops 6.7% YTD despite 85% revenue growth and $300M USDA contract. Trading at 161x earnings—can fundamentals justify valuation?
The post Palantir (PLTR) Stock: Is the Growth Story Over After a 1,000% Surge? appeared first on Blockonomi.
06/02/2026 11:08 AM Virgin Galactic (SPCE) Stock Soars 300% Despite Wall Street Skepticism
Virgin Galactic (SPCE) stock surged 300% on SpaceX IPO hype and a new 5.26% investor stake, but analysts warn of 52% downside with a $3.61 price target.
The post Virgin Galactic (SPCE) Stock Soars 300% Despite Wall Street Skepticism appeared first on Blockonomi.
06/02/2026 11:05 AM Kelp DAO Hacker Launders $220M, Leaving Only Frozen Assets Within Reach
TLDR: The Kelp DAO Hacker moved nearly $220 million through privacy tools, limiting direct recovery efforts. Only about $1.7 million remains in original wallets after extensive cross-chain laundering activity. Arbitrum’s frozen 30,766 ETH worth $71 million remains the largest recoverable asset pool. Investigators linked the exploit to TraderTraitor, a DPRK-backed group tied to Lazarus operations. [...]
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06/02/2026 10:49 AM Citron Research’s Andrew Left Convicted on 13 Securities Fraud Charges
Andrew Left of Citron Research convicted on 13 securities fraud counts for manipulating Tesla (TSLA), Nvidia (NVDA) stocks via social media for $20M profit.
The post Citron Research’s Andrew Left Convicted on 13 Securities Fraud Charges appeared first on Blockonomi.
06/02/2026 10:49 AM Salesforce (CRM) Stock Surges Nearly 10% on Exceptional Q1 Results: Time to Buy?
Salesforce (CRM) rallied 9.68% after crushing Q1 earnings. Agentforce ARR reached $1.2B, EPS beat by 24%, and a new $25B buyback was announced.
The post Salesforce (CRM) Stock Surges Nearly 10% on Exceptional Q1 Results: Time to Buy? appeared first on Blockonomi.
06/02/2026 10:36 AM SpaceX (SPCX) IPO: Why a $2 Trillion Valuation Could Signal Trouble for Investors
SpaceX IPO debuts June 12 on Nasdaq at $2T valuation. Analysis reveals concerning valuation metrics, slowing revenue growth, and S&P 500 rule changes.
The post SpaceX (SPCX) IPO: Why a $2 Trillion Valuation Could Signal Trouble for Investors appeared first on Blockonomi.
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