FOMO HOUR is your daily Crypto, Web3 and Blockchain podcast.
Decrypt is a next-generation media company capturing the most compelling narratives in emerging technology. All Decrypt Media News and Content is Powered by myriad.markets
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FOMO HOUR is your daily Crypto, Web3 and Blockchain podcast.
Decrypt is a next-generation media company capturing the most compelling narratives in emerging technology. All Decrypt Media News and Content is Powered by myriad.markets
Copyright: © Copyright 2022 Rug Radio
Crypto majors fell over the weekend, down 10-20% on the week; BTC -10% at $78,200; ETH -20% at $2,310; BNB -12% at $767; SOL -15% at $103. RIVER (+32%), Stable (+19%) and MYX (+16%) led daily top movers. The Crypto Fear & Greed Index plunged to 16, the lowest reading of 2026. ETH recorded its most oversold daily RSI since August 2024. World Liberty Fi signed a $500M deal with an Abu Dhabi fund just days before the inauguration according to new report from WSJ. Trump’s Fed Chair pick Kevin Warsh has a mixed crypto record including backing CBDCs. Visa and Mastercard execs aren’t buying the stablecoin hype, citing limited consumer demand in developed markets. Ripple launched Ripple Treasury for enterprises to manage fiat and digital assets together using RLUSD stablecoin.
Crypto majors are very red after one of the worst days in recent history; BTC -6% at $82,700; ETH -6% at $2,740; BNB -6% at $837; SOL -5% at $116. CC (+3%) led top movers. Gold and Silver fell 7% and 10% respectively, as the selloff hit metals as well. Trump nominated Kevin Warsh to replace Jerome Powell as Fed Chair. The SEC and CFTC’s “Project Crypto” initiative signaled incoming rules for tokenized collateral and onshore perpetuals. The Senate Ag Committee advanced the crypto bill 12-11, but zero Democrats voted yes; Sen. Booker blamed the White House for tanking negotiations over ethics provisions. CFTC Chair Selig withdrew the proposed ban on sports/politics prediction contracts and directed staff to draft new event contracts rulemaking - a major win for Kalshi and Polymarket. Ethereum OGs launched a $220M security fund using 75,000 ETH left over from the 2016 DAO hack. Vitalik announced he will invest $45M into Ethereum projects aimed at open-sourced security and privacy. Senator Cory Booker criticized the White House, saying Trump family crypto conflicts have made negotiations “infinitely harder”. Benchmark said Bitcoin’s quantum threat is “real but distant”, arguing the network has ample time to evolve.
Crypto majors are red following a neutral FOMC; BTC -2% at $87,800; ETH -3% at $2,930, SOL -4% at $123; XRP -3% to $1.86. Stable (+18%), PAXG (+5%) and WLD (+4%) led top movers. Gold hit another new ATH at $5,600, adding the entire market cap of Bitcoin in the process. The White House announced a meeting with banks and crypto firms to broker a compromise on stalled crypto legislation (the Clarity Act), focused on stablecoin yields and deposit competition. Tether’s CEO said the stablecoin issuer will keep adding to its ~$24B gold reserves to diversify backing and support asset-linked tokens. JPMorgan and Citadel met with the SEC to discuss plans for tokenized securities and DeFi projects. South Dakota lawmakers reintroduced a bill to allow the state to invest funds in Bitcoin. Fidelity announced plans to introduce a digital dollar stablecoin on Ethereum, aimed at enterprise and consumer use under regulatory frameworks. Gemini launched a Zcash credit card that pays users rewards in ZEC on everyday purchases, expanding crypto payment utility.
Crypto majors are green following a major dip in the US dollar; BTC +2% at $89,900; ETH +4% at $3,030, SOL +2% at $127; XRP +2% to $1.92. HYPE (+22%), JUP (+15%) and CC (+13%) led top movers. Gold hit a new ATH at $5,274, up another 4% on the day. Ethereum announced its ERC8004 protocol enabling AI agents and agentic transactions. Standard Chartered forecasted $500B shifting from bank deposits to stablecoins by 2028. Tether introduced its USAT stablecoin via Anchorage Digital, marking its first GENIUS Act-compliant product aimed at regulated U.S. distribution. Tether also revealed to have a nuclear bunker filled with over 140 tons of gold, one of the biggest holdings in the world.
Crypto majors are red after a Sunday selloff, down 6-10% on the week; BTC -1% at $87,600; ETH -1% at $2,897, SOL -3% at $122; XRP -1% to $1.89. PUMP (+26%), HYPE (+25%) and ZEC (+8%) led top movers. The Senate Agriculture Committee delayed a vote on the crypto market structure bill due to a snowstorm, with partisan divisions still threatening momentum. Coinbase set up a new advisory board to address quantum risk, following Ethereum’s move to set up its Post Quantum team. Anthropic CEO Dario Amodei warned AI development is accelerating faster than society’s ability to control it and AGI will arrive in 1-2 years. Clawdbot AI assistants pushed the limits of automation and safety as adoption spread quickly among developers, raising concerns of safeguards not ready for widespread AI agent usage. Tether added more Gold (XAUT) and expanded supply far faster than USDT, with gold-backed tokens growing roughly 38% quarter-over-quarter. UK crypto firms faced accelerating “debanking,” according to a lobbying group that reported billions in blocked or delayed bank transfers tied to crypto activity. Bitcoin mining stocks fell after Nvidia invested $2B in CoreWeave.
Crypto majors are red after a Sunday selloff, down 6-10% on the week; BTC -1% at $87,600; ETH -1% at $2,897, SOL -3% at $122; XRP -1% to $1.89. RIVER (+38%), ALGO (+4%) and MORPHO (+4%) led top movers. Gold hit $5,100 overnight, breaking $5k for the first time while Silver hit $110. GameFi tokens surged led by Axie Infinity, which jumped more than 130% in a week. Ethereum Foundation formed a dedicated post-quantum security team, elevating quantum-resistant cryptography to a top strategic priority. ZachXBT exposed the theft of $40M in cypto from a US government wallet allegedly by the son of the man in charge. CertiK said it is planning a U.S. IPO, positioning itself as a pure-play crypto security firm. UBS Group announced plans to offer Bitcoin and Ethereum trading to select wealthy clients. MoonPay signed an eight-figure, three-year title sponsorship deal with the X Games, launching the “MoonPay X Games League”.
Crypto majors are red while Gold nears $5,000 and Silver closes in on $100; BTC -1% at $89,100; ETH -2% at $2,925, SOL -2% at $127; XRP -2% to $1.90. ZRO (+15%), AXS (+10%) and DASH (+8%) led top movers. Ledger is preparing for a $4B IPO, enlisting Goldman Sachs, Jefferies and Barclays for support. Ripple CEO Brad Garlinghouse predicted crypto could hit new highs in 2026, pointing to regulatory momentum and institutional participation as key drivers. President Trump sued JPMorgan for $5 billion, alleging politically motivated “debanking”. BitGo briefly surged in its stock market debut before finishing its first day of trading just over its $18 IPO price. BlackRock CEO Larry Fink pushed the idea of a single blockchain for tokenization to avoid corruption and aid in scaling. Kansas introduced its own Bitcoin Strategic Reserve bill. PwC said institutional crypto adoption has crossed a point of no return, as regulatory frameworks move from draft rules toward active supervision. Treasury Secretary Scott Bessent reaffirmed the Trump administration’s push for U.S. crypto leadership and support for a strategic Bitcoin reserve.
Crypto majors are green and rebounding after Trump pivoted on EU tariffs; BTC +2% at $89,900; ETH +2% at $2,995, SOL +2% at $130; XRP +3% to $1.94. CC (+15%), SKY (+11%) and SAND (+10%) led top movers. Crypto markets saw more than $1B in liquidations as Bitcoin rebounded sharply after President Trump signaled a retreat from proposed tariff measures. Vitalik Buterin proposed native DVT staking to strengthen Ethereum security and decentralization, signaling continued protocol-level experimentation. Bitgo announced its IPO at $18 per share, valuing it at ~$2B. The Senate Ag Committee confirmed that its version of the Clarity Act will move forward to markup next week despite lack of bipartisan support. Mortgage lender Newrez explored counting Bitcoin and Ethereum toward mortgage qualification, applying discounted valuations to account for crypto volatility. Hong Kong regulators moved to issue stablecoin licenses under a new framework that imposes strict compliance, reserve, and operational requirements. Russian courts ruled that cryptocurrencies qualify as property under law, setting a legal precedent for future criminal and civil cases. President Trump said he hopes to sign the crypto market structure bill soon, despite ongoing legislative roadblocks and disagreements over regulatory scope. Saga’s EVM blockchain halted operations following a $7M hack, with stolen funds bridged to Ethereum. Steak ’n Shake rolled out a Bitcoin bonus program for hourly employees, allowing workers to earn a portion of compensation in BTC.
Crypto majors are very red following a red Tuesday across markets; BTC -3% at $88,200; ETH -6% at $2,905, SOL -2% at $127; XRP -2% to $1.88. MYX (+11%) and ZRO (+10%) led top movers. Bitcoin and Solana both fell below key technical support levels as selling pressure accelerated. Over $1B in longs were liquidated during Bitcoin’s slide below $88k. Delaware Life added Bitcoin exposure to a fixed indexed annuity by linking performance to BlackRock’s spot BTC ETF, one of the first big moves to expand crypto access inside traditional insurance products. Trump Media announced plans to airdrop crypto tokens to shareholders in February, marking its first onchain incentive tied directly to equity ownership. Coinbase CEO Brian Armstrong traveled to Davos to push for a “win-win” U.S. crypto market structure bill amid renewed regulatory momentum. Portugal’s gambling regulator blocked access to Polymarket, citing unlicensed gambling concerns as prediction markets face mounting global scrutiny. The CFTC warned it is underprepared to take on a broader crypto oversight role, as the agency faces staffing shortages after a roughly 21.5% workforce reduction. Galaxy Digital announced plans for a $100M hedge fund targeting crypto and fintech. World Liberty Fi announced its first annual form at Mar-A-Lago on Feb 18.
Crypto majors are red following Trump’s tariff turmoil; BTC -2% at $91,100; ETH -4% at $3,105, SOL -3% at $129; XRP -2% to $1.93. CC (+12%), MYX (+5%) and SYRUP (+4%) led top movers. The NYSE began preparations for 24/7 tokenized stock and ETF trading. Steak ’n Shake revealed roughly $10M in Bitcoin exposure alongside the creation of a corporate BTC strategic reserve. Vitalik Buterin called for more sophisticated DAO governance models to improve accountability, coordination, and long-term sustainability. Bermuda outlined plans for a fully onchain national economy, working with Coinbase and Circle on payments, identity, and tokenized financial infrastructure. In Corporate Treasuries / ETFs. The BTC ETFs saw $394M in net outflows on Friday breaking a 4-day inflow streak; ETH ETFs stayed green with $4.7M in inflows. In Memes / Onchain Movers. Meme majors were red along with majors; Doge -1%, Shiba -1%, PEPE -2%, TRUMP -1%, Bonk -1%, Pengu -4%, SPX -12%, WIF -1% and Fartcoin -8%. USOR (+70%), GSD (+50%), and Eliza Town (+800%) led onchain movers.