FOMO HOUR is your daily Crypto, Web3 and Blockchain podcast.
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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 soared after a 2-week Iran ceasefire was announced; BTC +5% at $71.6k; ETH +8% at $2,250; SOL +7% at $85; HYPE +8% at $39.30. ZEC (+26%), ZRO (+20%), and ENA (+14%) led top movers. Oil +4% at $114; Gold -1% at $4,640. Circle announced the launch of its Stablecoin Payouts for its Singapore partners, expandings its payments business in Asia. The Solana Foundation unveiled a post-Drift DeFi security program including 24/7 threat monitoring for protocols with more than $10M in deposits and a dedicated incident response network of security firms. World Liberty Financial faces scrutiny over ties to a sanctioned Asia-based blockchain project after a deal with individuals later flagged over alleged connections to a major fraud network.
Crypto majors fell yesterday evening as ceasefire hopes fade; BTC -2% at $68.4k; ETH -3% at $2,090; SOL -3% at $79.3; HYPE -3% at $36.30. CC (+6%), DEXE (+5%), and ZEC (+3%) led top movers. Oil +4% at $114; Gold -1% at $4,640. The IMF warned that stablecoins resemble money market funds more than actual money and could face confidence-driven runs as tokenized finance scales. The IMF also said tokenization could revolutionize financial markets by enabling 24/7 settlement and fractional ownership of assets, while warning of new systemic risks from automated smart contract execution and cross-border regulatory gaps. Bitcoin Core developers are spotlighting "attack blocks" on the Signet test network today, specially crafted blocks that take orders of magnitude longer to verify than normal ones, exposing a live consensus vulnerability that BIP 54 (the Great Consensus Cleanup) aims to fix.
Crypto majors fell yesterday evening as ceasefire hopes fade; BTC -2% at $68.4k; ETH -3% at $2,090; SOL -3% at $79.3; HYPE -3% at $36.30. CC (+6%), DEXE (+5%), and ZEC (+3%) led top movers. Oil +4% at $114; Gold -1% at $4,640. The IMF warned that stablecoins resemble money market funds more than actual money and could face confidence-driven runs as tokenized finance scales. The IMF also said tokenization could revolutionize financial markets by enabling 24/7 settlement and fractional ownership of assets, while warning of new systemic risks from automated smart contract execution and cross-border regulatory gaps. Bitcoin Core developers are spotlighting "attack blocks" on the Signet test network today, specially crafted blocks that take orders of magnitude longer to verify than normal ones, exposing a live consensus vulnerability that BIP 54 (the Great Consensus Cleanup) aims to fix.
BTC: 66,560 | BTC.D: 58%. ETH: 2,048 | BNB: 589 | SOL: 79. Fear & Greed: 27 | 24h Liq: $349m. BTC ETFs: -$174M | ETH ETFs: -$7M. Top Gainers: STABLE, XPL, TWT, EDGE, NIGHT. Drift exploited for $213m, N. Korea suspected. Drift hack involved takeover of admin keys. Circle slammed for slow response to Drift hack. Exploiter swapped alts for ETH, Fartcoin affected. Clarity Act deal may come Friday: Coinbase CLO. Perp DEX fees down 82% from peak. CoinShares -22% on Nasdaq debut. Huione laundering boss extradited to China. Bithumb delays IPO until after 2028. Australia bans prediction market gambling ads. YEET foils exploit.
BTC: 68,730 | BTC.D: 58%. ETH: 2,136 | BNB: 617 | SOL: 84. Fear & Greed: 33 | 24h Liq: $374m. BTC ETFs: +$118M | ETH ETFs: +$31M. Top Gainers: EDGE, RAY, ALGO, STABLE, QRL. BTC snaps 5-month losing streak. BTC still has worst Q1 since 2018, down 24%. Nearly 50% of BTC supply sitting at a loss. HK stablecoins delayed on poor KYC. BTC drawdown mild this cycle: Fidelity. Draper: BTC is still the future of finance. Quantum resistant coins rise on Google BTC risk. FBI charges 10 for crypto wash trading. CFTC warns prediction market insiders. Mercado Libre to sunset Mercado Coin. Malta challenges EU on crypto rules. Rekt Drinks launches energy product.
BTC: 66,581 | BTC.D: 58%. ETH: 2,036 | BNB: 605 | SOL: 81. Fear & Greed: 25 | 24h Liq: $272m. BTC ETFs: +$69m | ETH ETFs: +$5m. Top Gainers: LOL, BLUAI, ZBT, KERNEL, ZEC. BTC dips to $66K, War dept briefing today. Google signals quantum threat close for crypto. BTC & ETH quantum upgrades already in process. CZ: no need to panic on quantum. BTC set to close lower for 5 months straight. Nakamoto sells 5% of BTC holding at a steep loss. Ripple CEO: Clarity Act negotiations not pretty. Keyrock hits $1.1b valuation, SC Ventures leads. Dubai VARA tightens crypto derivatives rules. KuCoin fined $500K, forced to block US traders. Crypto equities nearing a bottom: Bernstein. Kraken user socially engineered for $18.1m. Aave v4 goes live. Circle becomes Canton validator.
BTC: 67.8k | BTC.D: 58%. ETH: 2,060 | BNB: 619 | SOL: 84. Fear & Greed: 27 | 24h Liq: $365M. Top Gainers: VVV, KITE, CVX, KAU, SKY. BTC ETFs: -$226m | ETH ETFs: -$49m. BTC recovers above $67K, shows relative strength. FTX to repay $2.2B to creditors March 31. BTC longs hit 28-month high on Bitfinex. Morgan Stanley to launch ETF with lowest fee. Strategy pauses BTC buys after 13-week streak. Retail investors are largest cohort selling BTC. Underwater miners also likely to continue selling. ETH foundation stakes record amount of ETH. EEZ project targets L2 fragmentation fix. Crypto stocks down 5-10% in Nasdaq rout. Aave governance battle continues ahead of v4.
Crypto majors are red again as war, energy concerns escalate; BTC -4% at $66.6k; ETH -4% at $1,990; SOL -5% at $83; HYPE -3% at $38.30. ONDO (+5%), CC (+4%), and zro (+1%) led top movers. Oil +3% at $97; Gold -1% at $4,410. David Sacks stepped down as White House AI and crypto czar after hitting the 130-day limit for special government employees; he will stay involved as co-chair of the Science Council alongside Zuckerberg, Huang, and Andreessen. Tether named KPMG as the auditor for its first-ever full independent audit of USDT’s $184B in reserves; the company also engaged PwC to prep its internal systems for the process. OKX said it won’t rush a US IPO, with CMO Haider Rafique telling the Digital Asset Summit “we will go public when we have confidence that we can give back shareholder value”.
Crypto majors are red as oil goes higher once again; BTC -3% at $69.3k; ETH -6%% at $2,070; SOL -5% at $88; HYPE -6% at $38.90. DEXE (+5%), JST (+3%), and ENA (+2%) led top movers. Oil +7% at $94; Gold -3% at $4,450. Robinhood’s HOOD stock rose after announcing a $1.5B share buyback, its largest repurchase program ever. Franklin Templeton and Ondo Finance are teaming up to offer 24/7 tokenized ETF trading on-chain, putting the $1.7T asset manager’s weight behind Ondo’s institutional DeFi infrastructure. Cipher Digital pivoted from Bitcoin mining to AI, signing a 15-year data center deal; the latest miner converting excess power infrastructure to AI compute. Visa joined the Canton Network as a Super Validator, expanding its role in institutional blockchain settlement infrastructure. McLaren Racing joined the Hedera Governing Council, becoming the latest major brand to take a governance seat on an institutional blockchain network.
Crypto majors are green and moving higher on Iran War peace momentum; BTC +1% at $71.7k; ETH +1.5% at $2,190; SOL +1% at $93; HYPE +7% at $41.10. TAO (+17%), FET (+14%), and RENDER (+9%) led top movers. Oil -4% at $87; Gold +3.5% at $4,570. BMO, CME Group, and Google Cloud launched a tokenized cash and deposit platform, making BMO the first bank on CME’s Google Cloud Universal Ledger. The NYSE partnered with BlackRock-backed Securitize to develop standards for blockchain-native securities representing stocks, bonds, and ETFs. The Solana Foundation launched the Solana Developer Platform, a single API-driven interface bundling infrastructure from 20+ tech partners, with Mastercard, Western Union, and Worldpay joining as early users. Invesco will take over management of Superstate’s USTB tokenized treasury fund, entering the $12B tokenized treasuries market.