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 mostly rally post-FOMC; BTC at $117,300. SOL jumps 5% as Forward Industries announces $4B ATM. BNB crosses $1,000 for first time; CZ bull-posts ASTER (+400%). Hype hits new ATH at $59; Project X announces its Phase 2. TokenWorks & PNKSTR announce perpetual machine rollouts for 5 new NFT collections, token soars. Crypto majors are very green after a 25 bps cut at FOMC yesterday; BTC +1% at $117,300, ETH +2% at $4,580, XRP +3% at $3.11, SOL +5% at $247. PENGU (+14%), SPX (+11%) and AVAX (+10%) led top movers. HYPE hit a new ATH at $59 on Wednesday; BNB crossed $1,000 for the first time. The Bitcoin ETFs saw $51M in net outflows, breaking their 7-day inflow streak; the ETH ETFs also saw outflows. Moneygram is embracing stablecoins in partnership with Crossmint, big news for its 50M customers and 200 operating countries. Kraken and Circle are partnering to expand stablecoin access with USDC & EURC integration. NYDFS told banks to adopt blockchain analytics for AML/sanctions controls. A golden statue of Trump holding a Bitcoin has been installed outside the U.S. Capitol building. The SEC approved a generic listing standard which will greatly accelerate the approval process for crypto ETFs.
BTC taps $117k, BNB leads L1s ahead of Fed decision. Whale moves $116m BTC after 11-year dormancy. Binance nears deal to end DoJ compliance monitor. CZ updates X profile, sparks Binance return rumours. 67% fund managers don’t hold crypto: BofA survey. Crypto execs set to meet senate banking committee. New crypto PAC launches with $100m war chest. US, UK to collab on crypto initiatives. Sharplink announces 1m shares repurchased. ETH devs open Fusaka to $2m security audit contest. Ether Machine files to go public via Dynamix merger. Sharps to collab with Bonk to stake portion of its SOL. Circle launches USDC natively on Hyperliquid. Bitwise files for ETF focused on tokenization, stablecoins. Keyrock acquires Turing Capital. Google launches AI agent-to-agent payments protocol.
Crypto reverses weekend strength, FOMC this week. BTC ETF inflows hit $2.3b last week. Gemini stock soars on IPO. Atkins scraps SEC’s crypto enforcement agenda. Tether launches USA₮ stablecoin, Bo Hines as CEO. Monero rallies despite being hit by 18 block reorg. Allied Gaming establishes DAT. Galaxy Digital buys $300m SOL. Native Markets wins USDH bid. Ethereum Foundation releases privacy roadmap. AI run crypto governance is a bad idea: Vitalik. ETH stablecoin supply hits ATH $166b. BoE plans to restrict stablecoin ownership in UK. LSE completes first blockchain powered fund raising. Pakistan invites crypto firms to apply for license. Yala’s YU stablecoin fails to restore peg after attack. Shibarium Bridge hacked for $2.4m. Polymarket weighs financing at $9-10b valuation. Polkadot to tighten tokenomics, capping DOT supply.
Crypto higher on lower PPI, ETH leads. BitMine buys $201m more ETH. Binance & Franklin Templeton to partner on RWAs. POP Culture Group & Robin Energy both buy BTC. XRP reserves on exchanges surge by 1.2b tokens. AVAX Foundation eyes $1b raise to setup DATs. Chainlink, UBS to automate tokenized fund ops. Hayes buys $1m ENA ahead of Hyperliquid vote. Kraken offers to list Paxos-issued USDH. SEC delays staking decisions on various ETFs. VanEck plans HYPE spot staking ETF. Gemini, Figure hike IPO price range. Scroll DAO appears close to being dissolved. Ledger rolls out enterprise mobile app. India continues to resist comprehensive crypto law. HK proposes capital rules for banks holding crypto. Russia may consider crypto bank to combat fraud.
Crypto mixed ahead of PPI, SOL outperforms. ETH ETFs get inflows after 6-day outflow streak. Metaplanet upsizes discounted $1.4b raise. KindlyMD commits $30m in Metaplanet equity raise. Sharplink buys back 1m shares. Ethena joins race for HYPE stablecoin. Native Markets favourite to win HYPE stablecoin race. CBOE plans perp style futures with BTC, ETH. Dems want seats at SEC, CFTC to support crypto bill. CFTC exploring recognising foreign crypto platforms. Gemini to IPO this week. Robinhood to embrace copy trading. Grayscale files for HBAR, LTC, BCH vehicles. Binance, SGB to offer direct USD transfers for retail. Vietnam approves 5 year crypto trading market pilot.
Crypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of BTC reserve. SEC Crypto task force discusses crypto x AI. Strategy buys $217m BTC. WLD +40% as Eightco raises $250m for treasury. Ant Digital puts $8.4b energy assets on blockchain. MegaETH launches USDm stablecoin with Ethena. Justin Sun backed stablecoin launches on Ethereum. CoinShares to move listing to US exchange. Ripple extends crypto partnership with BBVA. Kazakhstan announces National Crypto Fund
Crypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of BTC reserve. SEC Crypto task force discusses crypto x AI. Strategy buys $217m BTC. WLD +40% as Eightco raises $250m for treasury. Ant Digital puts $8.4b energy assets on blockchain. MegaETH launches USDm stablecoin with Ethena. Justin Sun backed stablecoin launches on Ethereum. CoinShares to move listing to US exchange. Ripple extends crypto partnership with BBVA. Kazakhstan announces National Crypto Fund
BTC holds $110k support, sentiment back to neutral. Robinhood to join S&P 500, Strategy misses out. Whales sold $12.7b BTC over past month. Companies currently buying 1755 BTC per day. SOL gets new treasury vehicle with $1.65bn cash. ETH ETFs saw 2nd largest daily outflow ever. Crypto bill proposes SEC-CFTC crypto committee. SEC, CFTC seek to ‘harmonize’ on DeFi. HYPE nears ATH, Paxos, Frax, Agora bid for stablecoin. StablecoinX secures $890m to buy ENA. We didn’t sell BTC to buy gold: Tether CEO. Metaplanet buys $15.2m BTC. ETH revenue dropped 44% in August. BTC network mining difficulty at ATH. SUI Group buys 20m SUI. Trump family earned $1.3b from WLFI, American Bitcoin. SOL Strategies to uplist shares to Nasdaq. Cardone sold Miami mansion for 400 BTC.
BTC bounces ahead of jobs report. SEC plans to revamp crypto policies. WLFI blacklists Justin Sun’s address, freezes tokens. WLFI tokens unreasonably frozen: Sun. Nasdaq to step up scrutiny on DATs, MSTR falls. Sora Ventures to buy $1b BTC. HK’s Yungfeng Financial buys $44m ETH. DFDV buys $40m SOL. ETH ICO participant moves to stake $646m ETH. Tether considers investing in gold miners. Fireblocks launches stablecoin payments network. Etherscan expands to SEI with Seiscan. Stripe, Paradigm unveil Tempo blockchain. UK to impose stricter AML rules on crypto firms. S. Korea caps crypto lending at 20% rate, bans lev loans. EU lawmakers still sceptical of digital euro.
Crypto stable amid strong BTC ETF inflows. Fed to hold conference on stablecoins, tokenisation. American Bitcoin soars on Nasdaq listing. BTC & gold best hedge for debt crisis:: Dalio. Treasury BV raises $147m to buy BTC. Bitmine buys $358m ETH. ETH supply on exchanges hit 3-year low. AlphaTON launches $100m TON treasury. SUI Group buys 20m SUI. India, US top global crypto adoption. California’s $500b pension fund split over BTC. US Bancorp resumes crypto custody. Gemini seeks $2.2b IPO valuation. ECB urges stricter oversight of non-EU stablecoins. SEC considers proposal on crypto quantum-safety. Coinbase wants 50% of code written by AI this year.