FOMO HOUR: A Daily Crypto & Web3 News Show

Saylor Explains How & Why He’d Sell BTC, CPI Today & What It Means, Circle Soars After Q1 Earnings

May 12, 2026·46 min
Episode Description from the Publisher

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

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