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.

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IREN Executive Flags Infrastructure as Key Barrier to AI Expansion

IREN Executive Flags Infrastructure as Key Barrier to AI Expansion

TLDR IREN co-founder Daniel Roberts said AI growth is now limited by infrastructure rather than chips. He identified power, land, cooling, and data centers as the

Crypto Meets Commodities: OKX and ICE Launch Round-the-Clock Oil Perpetual Futures

Crypto Meets Commodities: OKX and ICE Launch Round-the-Clock Oil Perpetual Futures

OKX teams up with ICE to launch 24/7 oil perpetual futures tracking Brent and WTI benchmarks, bringing traditional commodity trading to crypto platforms. The post

Trump Media Sends $205M in BTC as Crypto Losses Deepen

Trump Media Sends $205M in BTC as Crypto Losses Deepen

TLDR Trump Media transferred 2,650 bitcoin worth about $205 million to Crypto.com. The transaction took place during late U.S. evening hours based on blockchain

Uber (UBER) Stock Dips Amid Reports of Delivery Hero Acquisition Talks

Uber (UBER) Stock Dips Amid Reports of Delivery Hero Acquisition Talks

Uber (UBER) stock dropped 1.9% after Bloomberg revealed the company is considering a full acquisition of Delivery Hero, where it currently holds a 19.5% stake.

Super Micro Computer (SMCI) Stock Jumps 17% Post-Earnings — A Turning Point or False Hope?

Super Micro Computer (SMCI) Stock Jumps 17% Post-Earnings — A Turning Point or False Hope?

SMCI stock jumped 17% on Q3 earnings beat, but revenue missed by $2.15B and cash flow turned negative $6.6B. Legal risks and margin pressures linger ahead. The

Texas Instruments (TXN) Stock Surges to 52-Week Peak on AI Power Chip Momentum

Texas Instruments (TXN) Stock Surges to 52-Week Peak on AI Power Chip Momentum

Texas Instruments (TXN) stock surged to a 52-week high of $313.15 following strong Q1 results, 90% data center growth, and a bullish $400 analyst upgrade. The post

Micron (MU) Stock Slips Despite Virginia Facility Launching Advanced DRAM Production

Micron (MU) Stock Slips Despite Virginia Facility Launching Advanced DRAM Production

Micron (MU) stock falls 1% as Virginia facility begins 1-alpha DRAM production. BofA raises target to $950 on AI memory demand. Latest updates inside. The post

MP Materials (MP) Achieves Rare Perfect Bullish Consensus From All Wall Street Analysts

MP Materials (MP) Achieves Rare Perfect Bullish Consensus From All Wall Street Analysts

MP Materials (MP) gains after Barclays coverage launch. All 18 Wall Street analysts now rate it Buy—a rare perfect consensus. Stock up 220% in 12 months. The post

Pi Network Unveils Plan to Fix Crypto’s Longstanding Utility Gap

Pi Network Unveils Plan to Fix Crypto’s Longstanding Utility Gap

TLDR Pi Network said it has addressed a major crypto problem by focusing on real user utility instead of speculation. The team stated that many crypto tokens lack

Binance Disputes Report on Iran-Linked Crypto Activity Network

Binance Disputes Report on Iran-Linked Crypto Activity Network

TLDR Binance rejected a Wall Street Journal report linking it to Iran-related financial activity. The report claimed Babak Zanjani used Binance to process about