Blockonomi

Blockonomi

Blockonomi is a fast growing publication at the intersection of finance and technology. It provides unbiased reporting and detailed tutorials, helping readers understand the complex world of the digital economy and fintech innovation.

Blockonomi's Articles

Standard Chartered Launches USDC Minting and Redemption Service for Institutional Clients

Standard Chartered Launches USDC Minting and Redemption Service for Institutional Clients

TL;DR Standard Chartered has become the first G-SIB to offer institutional clients direct USDC minting and redemption services. The new solution allows eligible

K Wave Media (KWM) Stock Drops After Liquidating Entire 88 BTC Bitcoin Position

K Wave Media (KWM) Stock Drops After Liquidating Entire 88 BTC Bitcoin Position

K Wave Media (KWM) stock declined after liquidating all 88 BTC holdings, abandoning its Bitcoin treasury strategy, and pivoting toward AI infrastructure. The post

Bitcoin Inflows by Retailers on Binance Fall to Record Low as Market Participation Continues to Shift

Bitcoin Inflows by Retailers on Binance Fall to Record Low as Market Participation Continues to Shift

TL;DR Bitcoin inflows from retailers on Binance have fallen to a record low, averaging 329 BTC per day. Retail participation remains far below the levels seen during

SpaceX (SPCX) Shares Plunge 8% as Musk Refutes AI Smartphone Claims

SpaceX (SPCX) Shares Plunge 8% as Musk Refutes AI Smartphone Claims

SpaceX (SPCX) stock dropped 7.8% after Elon Musk denied WSJ reports of an AI phone prototype. Analysts maintain Moderate Buy rating with $216.83 target. The post

HSBC Upgrades Adobe (ADBE) Stock with $308 Price Target, Seeing 46% Gains

HSBC Upgrades Adobe (ADBE) Stock with $308 Price Target, Seeing 46% Gains

Adobe (ADBE) stock jumped 2% after HSBC's upgrade to Buy with a $308 target, citing strong Q2 results and limited AI competition impact. The post HSBC Upgrades

UBS Sets New High for Bloom Energy (BE) Stock Following Massive $25B Brookfield Deal

UBS Sets New High for Bloom Energy (BE) Stock Following Massive $25B Brookfield Deal

UBS raises Bloom Energy (BE) stock price target to $350 after $25B Brookfield AI power deal expansion. Analyst sees major upside potential ahead. The post UBS Sets

Tesla (TSLA) Stock Climbs Ahead of Critical Q2 Delivery Numbers

Tesla (TSLA) Stock Climbs Ahead of Critical Q2 Delivery Numbers

Tesla (TSLA) stock advanced 1.1% Wednesday ahead of Q2 deliveries due Thursday. European registrations improved while Burry disclosed a short position. The post

Palantir (PLTR) Stock Surges 9% Following Major Nvidia AI Collaboration Announcement

Palantir (PLTR) Stock Surges 9% Following Major Nvidia AI Collaboration Announcement

Palantir (PLTR) stock surged 9% after revealing an Nvidia partnership to develop custom AI solutions for government agencies, ending a brutal selloff. The post

Paramount Skydance (PSKY) Stock Climbs 3% Following EU Concessions on Warner Bros Deal

Paramount Skydance (PSKY) Stock Climbs 3% Following EU Concessions on Warner Bros Deal

Paramount Skydance (PSKY) stock gained 3.14% after proposing concessions to EU regulators for its $110B Warner Bros Discovery acquisition. Review extended to July

Alibaba (BABA) Reaches $600M DOJ Settlement Following Illegal Drug Sales Investigation

Alibaba (BABA) Reaches $600M DOJ Settlement Following Illegal Drug Sales Investigation

Alibaba (BABA) stock gained 1.78% after reaching a $600M DOJ settlement over illegal drug sales. Details on the agreement and compliance requirements ahead. The