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
BTC ETFs see inflows for 8 straight days. SUI enters top 20, $110m of unlocks today. SOL weekly DEX volume flips ETH. Firedancer sees very fast TPS on Testnet. ETH gas up 500% in 2 weeks. EIGEN opens at $7bn FDV. FTX creditors vote in favour of restructuring plan. Dell to sell another $1.2bn Dell stock. Metaplanet buys another 107 BTC.Grayscale opens decentralised AI fund to investors. Robinhood allows crypto transfer in EU. Pollak to head Coinbase Wallet & join exec team. Gemini to close in Canada. Japan considers lower cap gains tax on crypto. Ohio bill would make it legal to pay taxes in crypto. Trump project opens whitelist to non-US users. CZ pledges to invest in blockchain companies.
BTC dominance falls on last day of the quarter. $1.2bn inflows into crypto funds last week. SUI & TAO again take the lead in alts. ETH hits highest fees in 3 months. Correlation between BTC & stocks growing. EigenLayer tokens transferable today, Binance lists. $200m BTC long by Hyperliquid trader dwarfs others. Spot volumes on top exchanges still near yearly lows. Bithumb plans NASDAQ listing. Matrixport set to expand into Europe. Most FTX distributions actually not for months. FTX may repay shareholders $230m over creditors. Ethereal to make DEX for Ethena’s USDe. SUI, OP, IMX have large unlocks this week.
Kamala signals support for crypto. Top memecoins all soar, add $10bn in value in a week. MOODENG hits $180m, does 11x in a week. SUI & SEI continue to lead L1s for price & TVL growth. Revolut & Robinhood are considering stablecoin. Visa launches new tokenisation platform for banks. PayPal to allow business accounts to hold crypto Hamster kombat's HMSTER disappoints on launch. Biden admin may have forced Silvergate’s closure. Court rules crypto mining boxes ‘are securities’.
BTC nears $65k key resistance level. Kamala makes positive comments about crypto. PayPal allows businesses to hold crypto. Visa allows banks to test RWAs & smart contracts. Cuban wants to be head of SEC. Silvergate claims about ‘Chokepoint 2.0’ grow. Truflation hacked for $5m. Telegram Wallet blocked in UK & US. Court rules crypto mining boxes are securities. Infinex DeFi platform raises $65m. Ethena announces new stablecoin linked to BUIDL.
SUI leads L1 gains as TVL crosses $1bn. Altcoin market cap close to breaking downtrend. SEI becomes top chain for 1 month TVL growth. ETH ETFs sees 3rd largest inflow ever. SEC delays ETH ETF options decision. SOL took most of ETH outflows over last 3 months. SOLETH continues to be trading at resistance. $8.1bn BTC options to expire this week. BTC heading to $500k-$1m in a year: PlanB. Stablecoin supply hits new ATH. Caroline Ellison sentenced to 2 years in jail. SBF & Diddy in the same jail. SEC settles against TUSD for not being collateralised. Gensler gets derided for crypto approach. Hester Pierce admits flaws in SEC crypto policy. Harris against regulation by litigation: Cuban. Golem claims ETH move to CEXs due to staking. Binance refutes data leak claims. Next Y combinator batch has ‘no crypto companies’. Celo overtakes Tron for stablecoin addresses.
BTC needs to top $65.2k to put in a higher high. ETH ETFs see biggest outflow since July. ETH outperformance could be start of ‘alt season’. BlackRock gets 12hr BTC withdrawal from Coinbase. cbBTC only wrapped BTC to not show reserves. Telegram to share user data upon legal requests. EIGEN non-transferability to be removed Sep 30th. TIA announces $100m funding round. TIA deal was OTC token sale ‘done months ago’. Polymarket considers token, trying $50m raise. Maybe we will pay off debt with crypto: Trump. Harris unlikely to give full crypto policy pre-election. 13m Binance users’ data may have been leaked. Caroline Ellison likely won’t serve time in jail.
Crypto funds saw $321m inflows last week. Kamala commits to crypto & AI expansion. TAO leads gains in AI hype, does 2x in 2 weeks. SUI TVL breaks $900m. Average Q4 returns for BTC is 88%. BTC Google searches down 75% since 2021. BTC 161 days from halving, when it rallied in 2020. Crypto VCs raised $2.2bn this year, well below 2021.
SOL leads majors as Breakpoint begins. SOL launches Frankendancer on mainnet. Helio Pay allows Shopify items to sell on X. Franklin Templeton to launch fund on SOL. BTC short term holders fall at fastest rate in 12 years. MicroStrategy upsizes convertible note raise to $1bn. BingX loses $52m in hack. $243m crypto heist exposed by ZachXBT. Supreme Court of India hacked on X, shills scam. SocGen launches Euro stablecoin on SOL. Sky agrees to stop using WBTC. Germany shuts down 47 crypto exchanges. Stablecoin’s now 18th biggest holder of treasuries. Consensys lawsuit against SEC dismissed. Partisanship will stop Trump crypto plans: Hoskinson. Scaramucci working with Kamala on crypto.
Crypto rips higher after Fed cuts 50bps. $22bn shorts would be liquidated by $70.5k. SUI continues to lead L1s, does 2.5x in a month. Trump buys burgers with Bitcoin. Bitcoin is hedge against US debt: BlackRock. Commerzbank to offer BTC & ETH trading. Solana unveils Seeker phone, $70m pre-orders Helius Labs raise $21.75m. WazirX hacker moves $32m ETH to Tornado cash. SEC made up crypto regulation ‘out of thin air’. BitGo to launch stablecoin. Revolut considers creating stablecoin. Ethena front-end gets hacked, funds safe.
Bitcoin dominance rises ahead of Fed. May see short-term crash after Fed: Hayes. ETH underperformance may reverse soon: BitWise. Vitalik sings during Token 2049 appearance. SUI & FTM continue to outperform in L1s. BNB to introduce gasless stablecoin transfers. Tether market share hits 75%. Australia launches 3-year CBDC program. Russia to pay China in crypto for war supplies. USDC available for Brazil & Mexico bank transfers. We are one of the biggest users of blockchain: Dimon. Kamala may push crypto firms abroad: Nansen CEO. Dragonfly looking to raise $500m fund. Bitget users hit 45m, most growth from TON. Gensler pushed to clarify his stance on airdrops. Binance denies involvement in WazirX hack. Janus Henderson to tokenise fund. TON partners with Curve for stablecoin swaps. LINK & Fireblocks partner for stablecoin issuance. WalletConnect seat to airdrop 185m WCT tokens.