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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/02/2026 08:09 PM Bitcoin Struggles to Break $80,000 as Low-Volume Rally Raises Red Flags
TLDR: Bitcoin has maintained higher highs and higher lows since the $65,000 low, but volume has not followed the price recovery. Binance controls 25% of total exchange volume, nearly double Bybit’s share, making its data the most critical market indicator. Sustained low spot trading volumes since February raise concerns that the current rally may lack [...]
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05/02/2026 07:44 PM Pi Network Mandates Protocol 23 Upgrade for All Mainnet Nodes Before May 15 Deadline
TLDR: Pi Network has set a firm May 15 deadline for all Mainnet nodes to complete the Protocol 23 upgrade. The Protocol 23 upgrade takes longer than usual, so node operators are urged to begin the process early. Pi Node version 0.5.4 is available for Windows, Mac, and Linux via the Pi Desktop application download. [...]
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05/02/2026 07:20 PM DraftKings vs Bet365: Are Players Also Considering ZunaBet?
When players research online gambling platforms the same names tend to dominate the early results. DraftKings and Bet365 have been at the top of those results for long enough that they have become the default reference points for any comparison. Searching for a sportsbook, a casino, or an online gambling platform in most major markets [...]
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05/02/2026 07:20 PM DraftKings vs Bet365: Plus Why ZunaBet Is Gaining Attention in 2026
DraftKings and Bet365 occupy different corners of the online gambling world but they share one thing — they are among the most recognised names in the industry globally. DraftKings built its brand in the United States through daily fantasy sports before becoming a major licensed sportsbook and casino operator. Bet365 built its dominance in the [...]
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05/02/2026 06:45 PM Polymarket April Fees Hit $43.36M as On-Chain Prediction Markets Surge
TLDR: Polymarket April fees hit $43.36M, driven by higher trading activity across global prediction markets Polymarket Global contributed $37.81M while the US added $5.55M, covering over 97% of total fees Annualized revenue nears $520M as prediction market usage expands across macro and event contracts Smaller rivals like Limitless and BNB Chain grow but remain far [...]
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05/02/2026 06:31 PM TOTAL2 Altcoin Market Cap Compression Signals Potential Breakout Formation
TLDR: The TOTAL2 altcoin market cap continues to compress between rising support and long-term resistance since the 2021 peak cycle. Repeated higher lows suggest steady accumulation, while sellers show reduced pressure across each trendline retest phase. Momentum indicators remain neutral, reflecting reduced volatility and a lack of decisive breakout confirmation in the current structure. Market [...]
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05/02/2026 06:14 PM XRP Breakout Builds as Sentiment Peaks and Liquidity Tightens Near $1.40
TLDR: XRP breakout sentiment rises to a two-year high as FOMO spikes dominate social trading activity patterns Liquidity clusters between $1.33 and $1.42 compress price action ahead of a potential volatility expansion phase Rakuten Pay integration expands XRP breakout narrative, exposing token to nearly 44 million potential users globally Symmetrical triangle formation places XRP breakout [...]
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05/02/2026 06:06 PM Senate Banking Committee Eyes May 11 Markup for Clarity Act Progress
TLDR: Senate Banking Committee targets the week of May 11, 2026, for the Structure Market Bill markup plan Polymarket shows 46 percent approval odds for 2026 passage, reflecting cautious market sentiment Stablecoin yield rules and ethics restrictions remain key hurdles in Structure Market Bill talks Lummis and Scott expect May markup momentum as Senate aligns [...]
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05/02/2026 05:53 PM World Liberty Financial Faces Scrutiny Over 5.9B Token Sales and Vesting Rules
TLDR: WLFI token sales reportedly moved 5.9B tokens via private allocations after fundraising rounds closed early Early investors remain locked out of 80% holdings, while governance terms extend vesting timelines significantly Borrowing against WLFI tokens has been used to access liquidity without direct market selling pressure Token value has dropped over 90%, with continued downside [...]
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05/02/2026 05:43 PM Major Institutions Choose Chainlink as LINK Remains Priced at $9 Despite Record Growth
TLDR: Chainlink has enabled over $30 trillion in total value across seven years with zero recorded exploits. Institutions including Swift, JP Morgan, and DTCC have independently adopted Chainlink as their infrastructure layer. CCIP weekly volume surged 260% to $1.3B while 970,000 LINK was withdrawn from exchanges in one day. The SEC and CFTC classified LINK [...]
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