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FOMO HOUR: A Daily Crypto & Web3 News Show: Daily Summaries Delivered
by Decrypt Media
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- Today52 min
BTC Crashes to 77K, Trump Family’s Big Crypto Exposure, Drake Calls for SBF to be Freed on New Album
Crypto majors are red and falling as yields spike, oil jumps; BTC -2.2% at $76.7k; ETH -4% at $2,110; SOL -3% at $84; HYPE +4% at $45.30. Stable (+7%), Dexe (+5%) and KTE (+5%) led top movers. Oil +1% at $102; Gold even at $4,540. Stock futures are slightly red with the Nasdaq down 0.3% as the US-10 year spikes over 4.6%. Aave restored WETH loan-to-value ratios to pre-exploit levels across Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea, allowing users to once again borrow against WETH. Lombard Finance migrated its $1B+ in Bitcoin-backed assets from LayerZero to Chainlink CCIP Friday, joining Kelp, Solv Protocol ($700M), Re, and Kraken. Gemini jumped 25%+ in premarket trading Friday after the Winklevoss twins injected $100 million into their company via Winklevoss Capital Fund, purchasing 7.14 million shares at $14 apiece, paid entirely in Bitcoin. SpaceX went live for pre-IPO trading on Hyperliquid, opening at $2.1T on $40M in volume. Powered by https://myriad.markets/markets
- 3 days ago30 min
Clarity Act Passed Its First Major Vote, Trump Xi Summit Ends With Trade Progress, Crypto is Green
Crypto majors are green but falling after the Trump Xi summit ended and yields spike; BTC +1.6% at $80.7k; ETH even at $2,260; SOL +1% at $91.6; HYPE +17% at $45.60. Flare (+12%), VVV (+4%) and ZEC (+3%) led top movers. Oil +2% at $99; Gold -3% at $4,560. Stock futures are very red with the Nasdaq down 1.2% as the US-10 year spikes over 4.5%. The CME plans to launch its first crypto market-cap-weighted index futures on June 8. Strive announced its SATA preferred stock will become the first US-listed security to pay daily cash dividends, starting June 16 at a 13% annualized rate, shifting from monthly payments to roughly 250 payments per year. Tether, Tron, and TRM Labs’ T3 Financial Crime Unit disclosed it has frozen over $450 million in illicit USDT since launching in September 2024. The CFTC issued a no-action letter Thursday waiving swap reporting and recordkeeping requirements for designated contract markets handling fully collateralized event contracts, directly benefiting prediction markets. Security startup Calif used Claude Mythos Preview to build the first public macOS exploit, capable of bypassing Apple's Memory Integrity Enforcement on M5 hardware - and they developed it in 5 days. Powered by https://myriad.markets/markets
- 4 days ago54 min
What’s at Stake With Trump in Beijing, Crypto is RED After Hot CPI, Myriad Adopts Chainlink
Crypto majors are red after a PPI beat and big ETF outflows; BTC -1.6% at $79.5k; ETH -2% at $2,260; SOL -4% at $91; HYPE -1% at $39.03. CC (+8%), H (+5%) and QNT (+5%) led top movers. Oil -2% at $97; Gold even at $4,700. Stock futures are green with the Nasdaq up 0.2% as Tech continues rally. US Core PPI came in very hot, rising 1% in the past month (biggest gain since March 2022), up 5.2% on the year. Kevin Warsh was confirmed as the 17th Federal Reserve chair Wednesday in a 54-45 Senate vote, the most partisan confirmation of a Fed chair in the modern era; only Sen. John Fetterman (D-PA) crossed party lines. UK Economic Secretary Emma Reynolds told Parliament that digital assets could bring a “transformation of markets” as the government prepares to implement its crypto regulatory framework; the UK is advancing stablecoin and crypto asset legislation separately from the EU’s MiCA framework, aiming to attract crypto firms post-Brexit while maintaining consumer protections. Ledger put its US IPO on hold due to market volatility, pausing plans for a listing that had been explored at a $4 billion valuation; the French hardware wallet maker joins Kraken and Consensys in reassessing timing due to market conditions. Fireblocks CEO Michael Shaulov argued Wednesday that quantum-proofing Bitcoin is a coordination problem, not a technical one; the post-quantum signature schemes exist and work, but getting the fragmented Bitcoin ecosystem (miners, wallet providers, exchanges, node operators) to upgrade simultaneously is the actual unsolved challenge. Powered by https://myriad.markets/markets
- 5 days ago54 min
Trump Heads to China With CEOs, Gold's BTC Rotation, Memes Heating Up
Crypto majors are slightly green after a CPI beat and Trump’s China trip looming; BTC +0.2% at $80.8k; ETH +1% at $2,308; SOL even at $95; HYPE -3% at $39.50. INJ (+23%), TIA (+11%) and STX (+9%) led top movers. Oil -1% at $98; Gold +0.3% at $4,702. Stock futures are green with the Nasdaq up 0.7% as Nvidia leads chip stocks higher. Trump is taking over a dozen CEOs to China with him as he prepares to meet with Xi, including Elon Musk, Jensen Huang, Larry Fink, Tim Cook and others. Kevin Warsh was confirmed to the Fed Board of Governors Tuesday in a 51-45 Senate vote, with Pennsylvania Democrat John Fetterman the sole crossover vote. The Senate Banking Committee received over 100 amendments to the Clarity Act ahead of tomorrow’s markup. Wintermute called the latest Bitcoin rally a short squeeze rather than a breakout, pointing to open interest and spot volumes as its indicators. Square crossed 1 million Bitcoin-enabled merchants Tuesday, six weeks after auto-enabling Lightning Network BTC payments for eligible US sellers on March 30; merchants receive USD by default with BTC converted instantly at checkout. DTCC selected Chainlink to power its Collateral AppChain Tuesday, integrating Chainlink’s Runtime Environment and data standard to enable 24/7 near-real-time automated collateral management. Franklin Templeton and Kraken parent Payward announced a strategic partnership Tuesday to bring tokenized equities, actively managed onchain funds, and BENJI money market fund integration onto Kraken’s platform. Powered by https://myriad.markets/markets
- 6 days ago46 min
Saylor Explains How & Why He’d Sell BTC, CPI Today & What It Means, Circle Soars After Q1 Earnings
Crypto majors are red ahead of today’s CPI print; BTC -0.4% at $80.7k; ETH -2% at $2,285; SOL even at $95; HYPE -2% at $40.92. H (+23%), STABLE (+12%) and INJ (+10%) led top movers. Oil rebounded another 3% at $99; Gold +1% at $4,696. Stock futures are red with the Nasdaq down 0.8%. MoonPay acquired Dawn Labs on Monday and launched Dawn CLI as an AI trading tool that lets users describe a strategy in plain English and have it automatically researched, coded, backtested, and executed; launching first on Polymarket with other venues to follow. Solana’s Alpenglow upgrade went live on Monday, with launch coming as soon as Q3 2026 if all goes well; Alpenglow reduces transaction finality from 12.8 seconds to 100-150 milliseconds and frees ~75% of current block space consumed by on-chain validator votes. Grayscale filed for the first-ever spot ETF for a privacy coin, converting its Zcash Trust into a spot ETF. Arthur Hayes argued that BTC bottomed at $60k and that new highs are inevitable in his latest blog. Powered by https://myriad.markets/markets
- 1 weeks ago54 min
Clarity Act Gets Markup Date, BlackRock's Big Tokenization Push, ZEC Quantum-Proof Roadmap Announced
Crypto majors are slightly green despite Trump rejecting the latest Iranian peace deal offer, leading to another oil spike; BTC +1% at $81k; ETH +1% at $2,330; SOL +1% at $95; HYPE -3% at $41.50. VVV (+15%), SUI (+11%) and H (+10%) led top movers. Oil rebounded 3% at $96; Gold -1% at $4,670. Stock futures are flat premarket. Strategy’s CEO Phong Le clarified that they will only sell BTC 1) to pay STRC dividends and 2) if its makes sense for tax optimization purposes. Coinbase suffered a service outage Thursday linked to an AWS cooling failure at a data center. Coinbase CEO Brian Armstrong sold $540 million in COIN stock across 88 trades between April 2025 and January 2026. Sen. Elizabeth Warren sent a letter to Mark Zuckerberg demanding full disclosure of Meta’s stablecoin integration plans before the Senate votes on the Clarity Act. SEC Chair Paul Atkins called for new rulemaking Friday to clarify how exchange, clearing agency, and broker definitions apply to onchain systems and DeFi protocols. Kraken parent Payward filed an application with the OCC for a national trust company charter, for institutional digital asset custody; if approved, Payward would hold the full CFTC derivatives stack, OCC trust charter, stablecoin payment rails in Asia (Reap), and retail trading (NinjaTrader) simultaneously. Rain’s head of strategic partnerships John Timoney told Consensus Miami that stablecoin card spend grew 105% year-over-year and stablecoin cards could hit double-digit market share in some Latin American markets within years; Rain, a Mastercard Principal Member valued at $1.95 billion, uses existing card infrastructure so merchants receive fiat while users spend stablecoins. ECB President Christine Lagarde warned Friday that even euro-denominated stablecoins could threaten financial stability and monetary policy transmission. XRP network active addresses and active supply fell sharply in Q1 2026, with new wallet creation down roughly 40% quarter-over-quarter despite XRP ETF inflows of $1.24 billion since late 2025. Powered by https://myriad.markets/markets
- 1 weeks ago49 min
BTC Ripping Towards 82K, Crypto Up 2-5%, Are We Back?
Crypto majors are green, up 1-4%; BTC +2% at $80.7k; ETH +1.5% at $2,375; SOL +1% at $85; HYPE +5% at $43.5. TON (+35%), Morpho (+12%), and ZRO (+9%) led top movers. Oil -1% at $104; Gold -0.3% at $4,40. Stock futures are slightly green as treasury yields ease, ships pass in Hormuz. GameStop submitted a non-binding $55.5 billion offer to acquire eBay at $125/share, 50% cash, 50% GME stock, with $20B in TD Bank financing and $9.4B in cash on hand; CEO Ryan Cohen’s pitch is that eBay under tighter cost controls becomes “a legit competitor to Amazon”. Kraken parent Payward completed its $550 million acquisition of Bitnomial Monday, securing all three CFTC licenses (DCM, DCO, and FCM), making it the only crypto-native firm with the full US derivatives stack. Bullish announced that it’s going to tokenize its entire cap table today at Consensus, and then also announced an acquisition of Equiniti for $4.2B. All Decrypt Media News and Content is Powered by myriad.markets
- 1 weeks ago58 min
Coinbase Surprise Earnings Loss, Tom Lee Slowing Down ETH Buys, UB Charts the Crypto Breakout
Crypto majors are red down another 1-2%; BTC -1% at $80.2k; ETH -2% at $2,290; SOL -1% at $88.5; HYPE -1% at $42.4. Ondo (+15%), NEAR (+6%), INJ (+5%) and VVV (+4%) led top movers. Oil rebounded 2% at $94.5; Gold -0.2% at $4,720. Stock futures are green ahead of the April jobs report. The Senate Banking Committee is expected to present a Clarity Act markup as early as tomorrow, with draft legislative text already circulating to select industry stakeholders ahead of a potential Thursday vote. Tether Head of Government Affairs Jesse Spiro warned at Consensus Miami that the November midterms could have a "seismic impact" on the industry's trajectory, potentially reversing the regulatory progress made over the past year if the balance of power in Congress shifts. Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for $600 million, a stablecoin payments and corporate card infrastructure firm operating across Southeast Asia. Tether has frozen $515M of USDT across Ethereum and Tron over the past 30 days. JP Morgan analysts project that Saylor’s Strategy could buy $30B worth of BTC this year.
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