Blockonomi
Verified Creator
A guide to Cryptocurrencies, Technology and the Blockchain Economy #cryptocurrency #blockchain #fintech
0 Following
10.1K+ Followers
6.0K+ Liked
968 Shared
Altcoin Market Price: Cup-and-Handle Pattern Suggests Potential 564% Growth by 2026
TLDR
Cup-and-handle pattern spotted on altcoin market bi-weekly chart suggests imminent altseason launch
Potential $5.4 trillion altcoin market valuation (564% growth) projected if breakout occurs
Analyst Cas Abbé cites altcoin ETF approvals, Fed rate cuts, and regulatory clarity as catalysts for altseason
Bitcoin dominance must fall below 54% for altseason to begin, according to Coinbureau’s Nic Puckrin
Total crypto market recently reclaimed the $3 trillion mark, with altcoins accounting f
Cup-and-handle pattern spotted on altcoin market bi-weekly chart suggests imminent altseason launch
Potential $5.4 trillion altcoin market valuation (564% growth) projected if breakout occurs
Analyst Cas Abbé cites altcoin ETF approvals, Fed rate cuts, and regulatory clarity as catalysts for altseason
Bitcoin dominance must fall below 54% for altseason to begin, according to Coinbureau’s Nic Puckrin
Total crypto market recently reclaimed the $3 trillion mark, with altcoins accounting f
French Police Rescue Kidnapped Father of Crypto Millionaire After Ransom Demand
TLDR
French police rescued the father of a crypto millionaire who was kidnapped in Paris
Kidnappers demanded between €5-7 million ($5.6-7.95 million) in cryptocurrency as ransom
The victim’s finger was severed during the “wrench attack” – a physical threat to override crypto security
Five suspects in their twenties were arrested during the police raid in Essonne, south of Paris
This marks the third crypto-related kidnapping in France this year, part of a global trend
The father of a crypto
French police rescued the father of a crypto millionaire who was kidnapped in Paris
Kidnappers demanded between €5-7 million ($5.6-7.95 million) in cryptocurrency as ransom
The victim’s finger was severed during the “wrench attack” – a physical threat to override crypto security
Five suspects in their twenties were arrested during the police raid in Essonne, south of Paris
This marks the third crypto-related kidnapping in France this year, part of a global trend
The father of a crypto
U.S. Senator Warren Opposes GENIUS Act Over Trump’s USD1 Stablecoin Connections
TLDR
Senator Elizabeth Warren has withdrawn support for the GENIUS Act over Trump-backed USD1 stablecoin
Warren called the $2 billion UAE-MGX deal with USD1 “shady” and potentially corrupt
The USD1 stablecoin has surged to become the 7th largest in the world
10 US senators have now withdrawn support for the bill citing security concerns
World Liberty Financial (WLFI), co-founded by Eric Trump, is delaying exchange listings pending regulatory clarity
The GENIUS Act, a piece of legislation d
Senator Elizabeth Warren has withdrawn support for the GENIUS Act over Trump-backed USD1 stablecoin
Warren called the $2 billion UAE-MGX deal with USD1 “shady” and potentially corrupt
The USD1 stablecoin has surged to become the 7th largest in the world
10 US senators have now withdrawn support for the bill citing security concerns
World Liberty Financial (WLFI), co-founded by Eric Trump, is delaying exchange listings pending regulatory clarity
The GENIUS Act, a piece of legislation d
Vitalik Buterin’s Plan to Simplify Ethereum and Match Bitcoin’s Protocol Simplicity
TLDR
Vitalik Buterin proposes replacing Ethereum’s Virtual Machine (EVM) with RISC-V to boost performance up to 100x
The change aims to simplify Ethereum to “become close to as simple as Bitcoin” within five years
The transition would make Ethereum faster by eliminating translation steps while maintaining backward compatibility
Three major areas for simplification include Consensus Layer, Execution Layer, and sharing components across protocol layers
Ethereum’s market share has declined to
Vitalik Buterin proposes replacing Ethereum’s Virtual Machine (EVM) with RISC-V to boost performance up to 100x
The change aims to simplify Ethereum to “become close to as simple as Bitcoin” within five years
The transition would make Ethereum faster by eliminating translation steps while maintaining backward compatibility
Three major areas for simplification include Consensus Layer, Execution Layer, and sharing components across protocol layers
Ethereum’s market share has declined to
Dubai Family Office Funds $8.8B Maldives Blockchain Hub Project
TLDR
Dubai-based MBS Global Investments will finance an $8.8 billion blockchain project in the Maldives
The investment exceeds the Maldives’ annual GDP of $7 billion and will roll out over five years
The project includes building an International Financial Centre spanning 830,000 square meters
The hub aims to create 16,000 jobs and attract crypto investors with financial freezone benefits
The Maldives is seeking to diversify its economy beyond tourism and fishing while addressing debt oblig
Dubai-based MBS Global Investments will finance an $8.8 billion blockchain project in the Maldives
The investment exceeds the Maldives’ annual GDP of $7 billion and will roll out over five years
The project includes building an International Financial Centre spanning 830,000 square meters
The hub aims to create 16,000 jobs and attract crypto investors with financial freezone benefits
The Maldives is seeking to diversify its economy beyond tourism and fishing while addressing debt oblig
Nexchain’s Presale Hits $1M Milestone
Nexchain has officially crossed the $1 million mark in its ongoing crypto presale — a major achievement that’s turning heads across the Web3 space. As one of 2025’s most promising blockchain projects, Nexchain is gaining serious momentum thanks to its community-first approach, transparent DAO governance, and real-world AI integrations. The success of the presale signals growing trust in the project’s long-term vision and utility-driven ecosystem.
Unlike hype-driven launches that rely on influen
Unlike hype-driven launches that rely on influen
Strategy Reports 13.7% Bitcoin Yield in Q1 2025 Despite Missing Wall Street Estimates
TLDR
Strategy reported a 13.7% YTD Bitcoin yield despite missing Wall Street Q1 estimates
Company plans to raise an additional $21 billion to purchase more Bitcoin
Strategy currently holds over 550,000 BTC valued at approximately $53 billion
The firm recorded a $5.9 billion unrealized loss on Bitcoin holdings in Q1
Average purchase price of Bitcoin is around $68,500, with a target yield increase to 25%
Strategy, formerly known as MicroStrategy, released its first quarter 2025 earnings repo
Strategy reported a 13.7% YTD Bitcoin yield despite missing Wall Street Q1 estimates
Company plans to raise an additional $21 billion to purchase more Bitcoin
Strategy currently holds over 550,000 BTC valued at approximately $53 billion
The firm recorded a $5.9 billion unrealized loss on Bitcoin holdings in Q1
Average purchase price of Bitcoin is around $68,500, with a target yield increase to 25%
Strategy, formerly known as MicroStrategy, released its first quarter 2025 earnings repo
Mango Markets Hacker Eisenberg Gets Prison Sentence for Child Abuse Material
TLDR
Avraham Eisenberg sentenced to 52 months in prison on child sexual abuse material charges
This case is separate from his 2022 Mango Markets exploit ($100 million)
Eisenberg was found guilty of wire fraud, commodities fraud, and manipulation for the Mango Markets case in April 2024
Sentencing for the Mango Markets fraud remains pending
Eisenberg had previously claimed his actions were “legal open-market actions”
Avraham Eisenberg, known for orchestrating the $100 million exploit of dec
Avraham Eisenberg sentenced to 52 months in prison on child sexual abuse material charges
This case is separate from his 2022 Mango Markets exploit ($100 million)
Eisenberg was found guilty of wire fraud, commodities fraud, and manipulation for the Mango Markets case in April 2024
Sentencing for the Mango Markets fraud remains pending
Eisenberg had previously claimed his actions were “legal open-market actions”
Avraham Eisenberg, known for orchestrating the $100 million exploit of dec
North Korean Operative Exposed During Kraken Exchange Job Interview
TLDR
North Korean actor attempted to infiltrate Kraken by applying for an engineering position
Kraken received industry tip-off about suspicious emails linked to the hacker
The applicant used fake identities, altered documents, and appeared to be coached during interviews
Kraken deliberately continued the hiring process to gather intelligence on hacking tactics
This incident highlights North Korea’s ongoing efforts to target crypto companies for financial gain
North Korean hackers are gett
North Korean actor attempted to infiltrate Kraken by applying for an engineering position
Kraken received industry tip-off about suspicious emails linked to the hacker
The applicant used fake identities, altered documents, and appeared to be coached during interviews
Kraken deliberately continued the hiring process to gather intelligence on hacking tactics
This incident highlights North Korea’s ongoing efforts to target crypto companies for financial gain
North Korean hackers are gett
SEC Files to Dismiss Securities Case Against Crypto Influencer Ian Balina
TLDR
SEC filed to dismiss unregistered securities case against crypto YouTuber Ian Balina
Balina was accused of improperly promoting Sparkster (SPRK) tokens during the 2017-2018 ICO boom
The court had previously ruled SPRK tokens were securities under the Howey Test
This is part of a broader trend of the SEC dropping crypto-related cases under the Trump administration
The SEC has recently abandoned cases against Coinbase, Ripple, Kraken, OpenSea, and others
The U.S. Securities and Exchange
SEC filed to dismiss unregistered securities case against crypto YouTuber Ian Balina
Balina was accused of improperly promoting Sparkster (SPRK) tokens during the 2017-2018 ICO boom
The court had previously ruled SPRK tokens were securities under the Howey Test
This is part of a broader trend of the SEC dropping crypto-related cases under the Trump administration
The SEC has recently abandoned cases against Coinbase, Ripple, Kraken, OpenSea, and others
The U.S. Securities and Exchange
Metaplanet’s Bitcoin Buying Spree Heats Up with New US Subsidiary and $23M Raise
TLDR
Metaplanet has established a new US subsidiary in Miami, Florida called Metaplanet Treasury Corp.
The company raised 3.6 billion JPY ($23 million) through bond issuance to purchase more Bitcoin
Metaplanet recently reached 5,000 Bitcoin and aims to accumulate 10,000 BTC by the end of 2025
The new US entity will operate with $250 million in capital focused solely on Bitcoin accumulation
Florida was chosen for its bitcoin-friendly business environment and status as a hub for crypto innova
Metaplanet has established a new US subsidiary in Miami, Florida called Metaplanet Treasury Corp.
The company raised 3.6 billion JPY ($23 million) through bond issuance to purchase more Bitcoin
Metaplanet recently reached 5,000 Bitcoin and aims to accumulate 10,000 BTC by the end of 2025
The new US entity will operate with $250 million in capital focused solely on Bitcoin accumulation
Florida was chosen for its bitcoin-friendly business environment and status as a hub for crypto innova
US Treasury Claims Huione Laundered $37 Million from North Korean Cyber Heists
TLDR
US Treasury proposes cutting off Cambodia-based Huione Group from US banking system
Huione allegedly laundered $4 billion between 2021-2025, including $37 million from North Korean cyber heists
The conglomerate operates payment platform Huione Pay, crypto exchange Huione Crypto, and illicit marketplace Haowang Guarantee
Cambodia’s National Bank revoked Huione’s banking license in March
FinCEN’s proposed rule faces a 30-day public comment period before taking effect
The US Treasury Dep
US Treasury proposes cutting off Cambodia-based Huione Group from US banking system
Huione allegedly laundered $4 billion between 2021-2025, including $37 million from North Korean cyber heists
The conglomerate operates payment platform Huione Pay, crypto exchange Huione Crypto, and illicit marketplace Haowang Guarantee
Cambodia’s National Bank revoked Huione’s banking license in March
FinCEN’s proposed rule faces a 30-day public comment period before taking effect
The US Treasury Dep
Riot Platforms Reports Record Q1 2025 Revenue of $161.4M Despite Net Loss
TLDR
Riot Platforms reported record quarterly revenue of $161.4 million in Q1 2025, up 103.5% year-on-year
The company posted a net loss of $296.4 million compared to $211.8 million net income in Q1 2024
Bitcoin mining costs nearly doubled to $43,808 per BTC from $23,034 in the same period last year
Riot produced 1,530 BTC in Q1 2025, holding 19,223 BTC (worth ~$1.86 billion) as of March 2025
The company secured a $100 million Bitcoin-backed credit facility from Coinbase to fund expansion p
Riot Platforms reported record quarterly revenue of $161.4 million in Q1 2025, up 103.5% year-on-year
The company posted a net loss of $296.4 million compared to $211.8 million net income in Q1 2024
Bitcoin mining costs nearly doubled to $43,808 per BTC from $23,034 in the same period last year
Riot produced 1,530 BTC in Q1 2025, holding 19,223 BTC (worth ~$1.86 billion) as of March 2025
The company secured a $100 million Bitcoin-backed credit facility from Coinbase to fund expansion p
Senate Advances GENIUS Act to Create First U.S. Stablecoin Regulations
TLDR
Senate Majority Leader John Thune is accelerating the vote on the GENIUS Act, the first U.S. stablecoin regulatory framework
The bill passed the Senate Banking Committee with bipartisan support (18-6 vote)
Traditional banking advocates oppose the bill, claiming it creates “shadow deposits” that could undermine banks
The Senate’s GENIUS Act differs from the House’s STABLE Bill in allowing money market funds as reserves and its approach to algorithmic stablecoins
Coinbase and Andreessen
Senate Majority Leader John Thune is accelerating the vote on the GENIUS Act, the first U.S. stablecoin regulatory framework
The bill passed the Senate Banking Committee with bipartisan support (18-6 vote)
Traditional banking advocates oppose the bill, claiming it creates “shadow deposits” that could undermine banks
The Senate’s GENIUS Act differs from the House’s STABLE Bill in allowing money market funds as reserves and its approach to algorithmic stablecoins
Coinbase and Andreessen
This Hidden Gem Crypto Could Dominate Presales In 2025 — Introducing Nexchain
What if you had the chance to get into the next big crypto project before the world catches on? That’s exactly what the Nexchain 2025 Presale offers. It is more than just a new token. Nexchain is a powerful, AI-driven Layer-1 blockchain designed for speed, low fees, eco-friendly transactions, and real-world use.
With a presale price of just $0.031 per token and a listing price of $0.33, early buyers could see a potential gain of 868%. Let’s explore why Nexchain is turning heads. And why this c
With a presale price of just $0.031 per token and a listing price of $0.33, early buyers could see a potential gain of 868%. Let’s explore why Nexchain is turning heads. And why this c
Galaxy Digital Announces Nasdaq Listing Plans for May 16, 2025
TLDR
Galaxy Digital plans to list on Nasdaq on May 16, 2025, pending shareholder and Nasdaq approval
The company will use ticker symbol GLXY and will temporarily remain listed on Toronto Stock Exchange
CEO Mike Novogratz believes the listing will broaden Galaxy’s investor base and US presence
Several Nasdaq-listed crypto firms posted strong gains in April despite broader market turbulence
Galaxy aims to position itself as a gateway for investors to access both digital asset and AI ecosystem
Galaxy Digital plans to list on Nasdaq on May 16, 2025, pending shareholder and Nasdaq approval
The company will use ticker symbol GLXY and will temporarily remain listed on Toronto Stock Exchange
CEO Mike Novogratz believes the listing will broaden Galaxy’s investor base and US presence
Several Nasdaq-listed crypto firms posted strong gains in April despite broader market turbulence
Galaxy aims to position itself as a gateway for investors to access both digital asset and AI ecosystem
North Carolina House Approves Bitcoin Investment for $127 Billion Pension Fund
TLDR
North Carolina House passed two bills allowing up to 5% of $127 billion pension fund to be invested in cryptocurrencies
A new five-member North Carolina Investment Authority would oversee state investments
The legislation aims to address a $16 billion pension deficit and improve investment returns
Bill now heads to Senate for further consideration
State Treasurer Brad Briner supports the bills while some Democrats raised concerns about crypto volatility
North Carolina’s House of Repre
North Carolina House passed two bills allowing up to 5% of $127 billion pension fund to be invested in cryptocurrencies
A new five-member North Carolina Investment Authority would oversee state investments
The legislation aims to address a $16 billion pension deficit and improve investment returns
Bill now heads to Senate for further consideration
State Treasurer Brad Briner supports the bills while some Democrats raised concerns about crypto volatility
North Carolina’s House of Repre
Strategy Stock Rises 32% in April Before Q1 2025 Earnings Report
TLDR
Strategy’s stock rose 32% in April, its best month since November
Q1 earnings call scheduled for May 1 with speculation about a major capital raise
Analysts expect $116.6M in revenue, a 1% year-over-year increase
Strategy currently holds 553,555 Bitcoin worth approximately $52.57 billion
Stock is up 37% in 2025 with analyst price targets averaging $446.20
Strategy (MSTR), formerly known as MicroStrategy, closed April with its best monthly performance since November as investors await
Strategy’s stock rose 32% in April, its best month since November
Q1 earnings call scheduled for May 1 with speculation about a major capital raise
Analysts expect $116.6M in revenue, a 1% year-over-year increase
Strategy currently holds 553,555 Bitcoin worth approximately $52.57 billion
Stock is up 37% in 2025 with analyst price targets averaging $446.20
Strategy (MSTR), formerly known as MicroStrategy, closed April with its best monthly performance since November as investors await
New Apple Pay Feature Allows Crypto Payments Through Mesh Network
TLDR
Mesh is adding Apple Pay support for crypto transactions, converting crypto to stablecoins at checkout
The feature will launch later in Q2 2025 and lets merchants accept crypto without handling it directly
Mesh’s SmartFunding technology allows users to pay with their preferred crypto while merchants settle in stablecoins
The integration works for both physical retail locations using NFC and e-commerce platforms
Mesh recently raised $82 million in Series B funding and has over 300 integ
Mesh is adding Apple Pay support for crypto transactions, converting crypto to stablecoins at checkout
The feature will launch later in Q2 2025 and lets merchants accept crypto without handling it directly
Mesh’s SmartFunding technology allows users to pay with their preferred crypto while merchants settle in stablecoins
The integration works for both physical retail locations using NFC and e-commerce platforms
Mesh recently raised $82 million in Series B funding and has over 300 integ
Worldcoin Launches in Six U.S. Cities with Iris-Scanning Technology and Cryptocurrency Rewards
TLDR
Worldcoin (now rebranded as “World”) has launched in six major U.S. cities with iris-scanning “Orbs”
New users receive 16 WLD tokens after scanning, while early adopters get 150 WLD “pioneer grants”
The company plans to deploy 7,500 Orbs across the U.S. by the end of 2025
World has partnered with Visa for a debit card and integrated with Match Group, Razer, and others
Despite having scanned 12 million users globally, the project faces ongoing privacy and regulatory concerns
Sam Altman
Worldcoin (now rebranded as “World”) has launched in six major U.S. cities with iris-scanning “Orbs”
New users receive 16 WLD tokens after scanning, while early adopters get 150 WLD “pioneer grants”
The company plans to deploy 7,500 Orbs across the U.S. by the end of 2025
World has partnered with Visa for a debit card and integrated with Match Group, Razer, and others
Despite having scanned 12 million users globally, the project faces ongoing privacy and regulatory concerns
Sam Altman
Login to explore more contents