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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/06/2026 04:37 PM Hyperliquid Revenue Rebounds Above $20M as Open Interest Hits 7.9% Record
TLDR: Hyperliquid weekly revenue returns above $20.22M after months of $8M–$15M consolidation range phase shift. Open interest share climbs to 7.9%, marking record gain against centralized derivatives exchange competitors. Platform maintains $5.9B TVL with $222B monthly volume and strong perpetual futures trading activity levels. Annualized fees exceed $1.05B while revenue reaches $881M, driven by sustained [...]
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06/06/2026 04:25 PM Strategy CEO Phong Le Admits Michael Saylor Was Right on Bitcoin Treasury All-In Strategy, Opposed to His 5–10% Plan
TLDR: Strategy Bitcoin treasury evolved from cautious 5–10% allocation to full balance sheet Bitcoin exposure model Phong Le admitted Saylor’s aggressive “all-in” Bitcoin strategy proved correct over time in hindsight Treasury now holds 843,706 BTC across 111 buys with rising volatility and execution-driven accumulation cycles Funding pressure builds as preferred shares add dividend obligations amid [...]
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06/06/2026 04:14 PM PayPal’s $PYUSD Stablecoin Supply Shrinks 31% From $4.2B ATH to $2.92B
TLDR: PYUSD supply shrinks 31% from $4.2B ATH, dropping to $2.92B amid shifting liquidity flows in 2026 Over $1B wiped from circulation as market volatility reduces stablecoin minting and exchange inflows PayPal expands PYUSD across 70 markets, boosting wallet usage and cross-border payment access globally Stablecoin remains mid-tier as USDT and USDC dominate broader crypto [...]
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06/06/2026 04:05 PM Tether Flips Ethereum to Become Second Largest by Market Cap as ETH Drops to $186.263B
TLDR: ETH near $216.03B faced pressure as price volatility narrowed the gap with USDT at $ 187.35 B Stablecoin inflows lifted USDT dominance as traders rotated capital during risk-off market phases Liquidity shifts intensified as ETH derivatives liquidations accelerated downside capitalization impact Ranking compression emerged as valuation gap shrank to roughly $28.68B between ETH and [...]
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06/06/2026 03:45 PM $1.36 Billion Wiped Out of the Crypto Market After a Brutal 24-Hour Flush
TLDR: Crypto liquidation heatmap recorded $1.28 billion in losses as market leverage rapidly unwound. Long positions suffered nearly $996 million in liquidations, far exceeding short-side losses. Bitcoin and Ethereum accounted for over $830 million of total liquidations during the selloff. More than 264,000 traders were liquidated as cascading margin calls accelerated declines. Crypto liquidation heatmap [...]
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06/06/2026 02:00 PM Caesars vs DraftKings: Where ZunaBet Enters the Conversation
For a long time, online gambling in the United States has been ruled by a small group of big brands. Caesars and DraftKings are two of the names that come up the most. Both have huge marketing budgets, strong sports ties, and loyal player bases. But the market is starting to change. Crypto-focused platforms are [...]
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06/06/2026 12:16 PM Goldman Sachs Maps $7.6 Trillion AI Infrastructure Spending Through 2031
TLDR: Goldman Sachs projects $7.6 trillion in cumulative AI infrastructure capex between 2026 and 2031. Nvidia is forecast to capture 75% of the $5.1 trillion compute layer over the six-year period. Power is the smallest budget segment at $358 billion but the critical bottleneck for full deployment. Vistra locked in a 20-year, 2,600 MW nuclear [...]
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06/06/2026 10:28 AM Russia’s Central Bank Limits Non-Qualified Investors to BTC, ETH, and USDT
TLDR: Russia’s central bank limits non-qualified investors to Bitcoin, Ethereum, and USDT only. A 300,000-ruble annual cap per broker applies to retail crypto purchases under the draft law. USDT remains on the approved list despite central bank warnings over freezing and burn risks. Russia’s digital currency law is set to take full effect on July [...]
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06/06/2026 09:50 AM 83% of Altcoins Fall Below 200-DMA as Altcoin Market Loses $520 Billion
TLDR: 83% of altcoins on Binance are trading below their 200-DMA, one of the lowest readings this cycle. TOTAL3 has dropped to roughly $670B, shedding around $520B from its peak during the current cycle. Altcoin weakness has persisted since October 2025, with 60–90% of assets below their 200-DMA consistently. Bitcoin fell nearly 4% while Nasdaq [...]
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06/05/2026 08:01 PM Market Sell-Off Wipes $2.5 Trillion as Jobs Data, AI Concerns Shake Investors
TLDR: The U.S. added 172,000 jobs in May, nearly doubling forecasts and pushing rate hike odds to 57% in one day. Broadcom’s refusal to raise AI targets triggered a 12.6% stock drop, sparking fears of overvalued AI positions. SemiAnalysis reported Nvidia’s new chips need half the expected memory, sending SK Hynix and Samsung shares sharply [...]
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