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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/04/2026 07:54 AM Bitcoin (BTC) Plunges Below $62K Amid Record ETF Withdrawals and $1.5B Liquidation Wave
Bitcoin drops below $62K amid $1.5B liquidations, $1B ETF outflows, and Strategy's first BTC sale in four years. Analysis of the crypto market decline.
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06/04/2026 07:12 AM Bitcoin Loses Momentum Trade as Capital Rotates Into AI and IPOs
TLDR Bitcoin has dropped over 16% in the past month while the S&P 500 gained approximately 5% over the same period. Schwab’s Ferraioli says crypto investors chase momentum, which has now shifted toward AI stocks and upcoming IPOs. A $1.26 billion block sale of BlackRock’s IBIT ETF signals large investors are exiting BTC near breakeven [...]
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06/04/2026 06:51 AM Ethereum Whales Sell as Retail Accumulation Hits Record Highs
TLDR: Ethereum retail accumulation addresses have surged to near-record levels in late 2025 and early 2026. ETH SOPR has remained close to 1 for an extended period, reflecting limited fresh capital inflows. NUPL remains above 2018 and 2022 bear market lows, leaving room for further ETH price downside. Binance user deposit addresses stay below bull [...]
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06/04/2026 05:08 AM NEAR Protocol Surges 89% as On-Chain Buy Pressure Flips
TLDR: NEAR Protocol’s Buy/Sell Pressure Delta crossed from deeply negative to +112.107 at $1.50. Standard chart signals, funding rates, and derivatives gave no warning ahead of NEAR’s move. NEAR Intents now connects 30+ chains, with private transactions making up nearly half of activity. Bitwise NEAR Staking ETP inflows point to growing institutional interest in the [...]
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06/03/2026 10:18 PM Outpoll Launches Global Prediction Market Platform Built Around Professional Trading Tools
Outpoll announced the global launch of its prediction market platform, a venue where users can trade on the outcomes of real-world events across politics, sports, crypto, and culture. The platform goes live as prediction markets have moved firmly into mainstream coverage, with the category reaching a multi-billion-dollar valuation tier and prices from these markets increasingly [...]
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06/03/2026 07:28 PM Variant Fund Raises $222M to Back Crypto and AI Startups
TLDR: Variant Fund has closed a $222M fourth vehicle targeting early-stage crypto and AI startups globally. The firm’s thesis has evolved from digital ownership to a broader focus on user autonomy and agency. Recent portfolio bets include agentic memory, cryptographic location proofs, and AI artifact ownership. Crypto VC activity is rebounding, with a16z and Haun [...]
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06/03/2026 07:01 PM Next Big Crypto Alert: BlockDAG Builds Traction as Toncoin, Shiba Inu & Bonk Coin Show Uneven Market Signals
The crypto market is moving through uneven momentum as different narratives compete for attention. Toncoin remains tied to its messaging-based ecosystem and steady network usage. Shiba Inu continues to rely on strong community participation and periodic meme-driven cycles across retail sentiment shifts. Bonk Coin tracks closely with Solana activity, often reacting quickly to broader ecosystem [...]
The post Next Big Crypto Alert: BlockDAG Builds Traction as Toncoin, Shiba Inu & Bonk Coin Show Uneven Market Signals appeared first on Blockonomi.
06/03/2026 07:00 PM Market Movers: Marvell’s AI Surge, Alphabet’s Massive Spend, GameStop’s Rally, and Oil’s Climb
Marvell rallies on AI optimism, Alphabet commits $80B to infrastructure, GameStop announces $2B buyback, and oil surges above $95 amid geopolitical risks.
The post Market Movers: Marvell’s AI Surge, Alphabet’s Massive Spend, GameStop’s Rally, and Oil’s Climb appeared first on Blockonomi.
06/03/2026 06:53 PM Meta Platforms (META) Stock: Morgan Stanley Predicts 30% Rally Driven by AI Innovation
META stock trades 25% below its peak, but Morgan Stanley sees 30% upside with a $775 target, citing AI chatbot potential for $10B in annual revenue.
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06/03/2026 06:52 PM Stellar XLM Bulls Eye $11 as DTCC Joins Tokenization Push
TLDR: DTCC has selected Stellar blockchain to support its real-world asset tokenization platform strategy. Analyst MikybullCrypto projects XLM could reach between $5 and $11 based on a multi-year chart pattern. Global search interest for Stellar XLM has climbed to its highest level in the past three months. A confirmed breakout above long-term resistance remains key [...]
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