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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
11/06/2025 11:05 PM South Korea’s Ruling Party Urges Immediate Approval for Bitcoin Spot ETFs
TLDR South Korea’s ruling PPP pushes regulators to approve Bitcoin spot ETFs without further delay. Lawmakers plan to propose legal amendments if regulators continue to stall ETF authorization. PPP claims Bitcoin ETFs will improve market transparency and strengthen investor safeguards. Officials expect ETF approval to boost Korean won–based assets and attract global investors. Bipartisan political [...]
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11/06/2025 10:38 PM Strive Upsizes SATA IPO to $160M, Sets 12% Dividend Rate
TLDR: Strive upsizes SATA IPO to 2M shares, raising $160M for corporate growth. Initial annual dividend is 12%, payable monthly starting December 15, 2025. Compounded dividend rate rises 25 bps monthly if unpaid, capped at 20%. Redemption rights at $110 plus accrued dividends, with structured repurchase triggers. Strive, Inc. has priced and upsized its initial [...]
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11/06/2025 10:24 PM Google to Integrate Polymarket Odds into Search and Finance Platforms
TLDR: Polymarket data will appear directly in Google Search and Finance for real-time event odds. Integration uses Polygon and USDC, ensuring fully on-chain, verifiable transactions. Real-time probabilities may influence crypto trading and accelerate price discovery. Early rollout in Google Labs precedes wider U.S. and global expansion, per reports. Polymarket, the blockchain-based prediction market, is expanding [...]
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11/06/2025 10:23 PM Google Finance adds Kalshi and Polymarket data in AI-powered update
TLDR Google Finance introduced prediction market data from Kalshi and Polymarket in its latest AI-powered upgrade. The update allows users to view real-time event probabilities directly through Google Search and Google Finance. Google confirmed that the new feature will launch globally within the next two weeks. Kalshi provides regulated event contracts under the supervision of [...]
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11/06/2025 10:07 PM Coinbase Executives Call Crypto Bills ‘Oil for the Onchain Economy’
TLDR Coinbase executives urged US lawmakers to treat the GENIUS and CLARITY crypto bills as connected parts of one framework. Shan Aggarwal described both crypto bills as essential “oil for the onchain economy.” The GENIUS Act established a foundation for stablecoin growth and market liquidity. Aggarwal said growing stablecoin supply will enable capital to move [...]
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11/06/2025 10:01 PM Binance Joins Sei Network as Validator, Boosting Institutional Confidence
TLDR: Binance joins Sei Network as validator, managing $180B for 200M+ users. Sei processes 4.5M daily transactions and hosts over 70M wallets. Giga upgrade targets 200,000 TPS, a 50x improvement over current EVM chains. Major asset managers like BlackRock and Apollo leverage Sei for tokenized funds. Binance, the world’s largest cryptocurrency exchange, has officially joined [...]
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11/06/2025 09:48 PM OpenAI Clarifies AI Infrastructure Plans Amid Government Funding Speculation
TLDR: OpenAI confirms it will not seek government datacenter guarantees for AI infrastructure. Altman highlights strategic U.S. semiconductor support as a potential government-backed initiative. The company projects $1.4 trillion in compute commitments over the next eight years. OpenAI stresses compute scarcity risk outweighs the risk of overbuilding infrastructure. OpenAI CEO Sam Altman addressed recent questions [...]
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11/06/2025 09:44 PM JPMorgan Forecasts Bitcoin Rally to $170K After Futures Stabilize
TLDR JPMorgan predicts Bitcoin could climb to $170,000 within the next 6 to 12 months. The bank says the worst selling pressure in the perpetual futures market has ended. Analysts believe the stabilization marks a shift from correction to accumulation. The projection is based on a model comparing Bitcoin’s risk-adjusted value to gold. JPMorgan estimates [...]
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11/06/2025 09:33 PM GENIUS Act Could Reshape U.S. Dollar Stablecoin Regulation, Says Circle
TLDR: Circle urges full backing of payment stablecoins with cash or liquid assets for consumer protection. Foreign stablecoin regimes should meet GENIUS standards to gain Treasury recognition. Rulemaking must treat all dollar-like tokens equally to prevent regulatory evasion. Issuers must maintain wind-down plans and clear penalties for compliance breaches. Circle has submitted formal comments to [...]
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11/06/2025 09:32 PM Is XRP Being Overlooked? Bayberry Says Market Misses the Bigger Picture
TLDR Bayberry Capital stated that XRP remains deeply undervalued despite rising demand and trading activity. The firm explained that markets misunderstand XRP’s purpose and treat it as a speculative token. XRP’s value should reflect its real-world settlement use and growing role in global liquidity. Ripple continues to expand XRP applications through partnerships with financial institutions. [...]
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