FOMO HOUR: A Daily Crypto & Web3 News Show

Decrypt Media

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

  1. 5h ago

    Crypto Rips on Cool CPI, PumpFun Pumps on First Major Unlock, Cashcat DOWN 30% + World Cup Talk

    Crypto majors are very green after a cold CPI print; BTC +3% at $64.5k; ETH +4% at $1,870; SOL +2% at $77; HYPE +7% at $68. PUMP (+15%), GNO (+13%), ZEC (+12%) and Virtuals (+8%) led top movers. Oil -1% at $80; Gold -1% at $4,035. Stock futures are slightly green; DOW flat, Nasdaq +0.4%. The SEC Crypto Task Force met with Hyperliquid’s Policy Center on Tuesday to discuss crypto regulation and how Hyperliquid fits in. Several Senate Democrats came out against the CLARITY Act, calling it a “corrupt bill” at a press conference, escalating opposition over its failure to bar Trump and his family from profiting off crypto. The CFTC moved to stop Kalshi from canceling trades as ordered by a Michigan court, siding with the prediction-market platform in a jurisdictional clash between the federal regulator and the state. The US and UK moved to align rules for tokenized finance, linking the world’s two largest financial markets in a coordinated push to set shared standards as tokenization scales. JPMorgan said Hyperliquid’s rise threatens Circle’s USDC economics, creating a “prisoner’s dilemma” that pits Circle and Coinbase against each other for distribution. Mizuho downgraded Circle to underperform and cut its price target to $50 on the Open USD threat, warning the 140-backer consortium endangers USDC’s core reserve-yield economics. Meanwhile, Circle signed an MOU with JCB, Japan’s largest card network, to explore stablecoin payments across roughly 40 million merchants. Coinbase’s Head of Platform said that 95-100% of its code is now written by AI or AI-assisted. Powered by https://myriad.markets/markets

  2. 1d ago

    Soft CPI Sends Crypto, Robinhood Flips ETH DEX Volume + World Cup Predictions

    Crypto majors are mixed ahead of CPI; BTC -1% at $62.7k; ETH +1% at $1,790; SOL -1% at $75; HYPE -2% at $64. CRV (+7%), ENA (+5%), INJ (+4%) and UNI (+3%) led top movers. Oil +10% at $81; Gold -1% at $4,020. Stock futures are mixed as oil spikes and June CPI data comes this AM; DOW -0.7%, Nasdaq +0.3%. June CEX volumes fell 5% from May, while derivatives trading rose by 4%. BTC and ETH social media posts have fallen to their lowest level since 2020. Coinbase CEO Brian Armstrong admitted Base "messed up" on content coins, saying they didn't work and that Base pivoted away early this year, with resources now going toward trading, payments, and AI agents. BlackRock, Goldman Sachs, and JPMorgan joined a 54-firm UK tokenization taskforce backed by the government, starting with tokenized repo, with a Treasury report projecting up to £33 billion in annual economic output by 2035. TeraWulf’s CEO said “not all megawatts are created equally” in the AI race, stating flatly that “we’re not involved in Bitcoin” anymore as its $19 billion Anthropic hosting deal completes its shift from miner to AI infrastructure company. SBI Holdings’ blockchain initiative pivoted to Solana for tokenization and stablecoin issuance, moving off R3’s Corda and bringing the Solana Foundation into its joint venture, with plans including payment infrastructure for AI agents. Powered by https://myriad.markets/markets

  3. Jul 8

    Ceasefire Ends, Crypto Dumps, and Robinhood Chain Explodes

    Crypto majors are red down 2-5% after the US struck Iran overnight and declared the ceasefire over; BTC -2% at $62k; ETH -2% at $1,735; SOL -5% at $77; HYPE -5% at $68. Morpho (+4%), Stable (+4%) and Uni (+3%) led top movers. Oil +5% at $74; Gold -2% at $4,060. Stock futures are also very red on the ceasefire ending news; DOW -1%, Nasdaq -1.3%. The SEC plans to introduce its long-awaited crypto rules as soon as this month, a “Regulation Crypto” proposal that would create safe harbors and exemptions shielding activities like tokenized securities and DeFi from enforcement. Trump’s Strategic Bitcoin Reserve remains a work in progress, with the White House still weighing whether the Treasury or Commerce Department has the legal authority to hold the government’s Bitcoin. India's central bank said it "leans toward prohibiting" crypto, recommending in government documents that banks and financial institutions be barred from holding, trading, or gaining exposure to crypto assets and private stablecoins to limit risk spillover. Kraken is aiming to secure a full banking license in Europe, which would let the exchange offer bank-like services across the EU. Wintermute called Bitcoin’s recent jump a temporary relief rally rather than a durable bottom. The Coinbase Premium has been negative for 50 straight days, meaning Bitcoin has traded cheaper on the largest US exchange than offshore for nearly two months, a clear sign of weak domestic demand behind July’s rally. The combined market cap of USDT and USDC fell to $257 billion from $268 billion over two months, while Tether burned $2.5B of USDT on Ethereum on July 7 in the latest major reduction. Powered by https://myriad.markets/markets

  4. Jul 6

    Saylor's Strategy Sell $216M of Bitcoin, Reverses Crypto's Holiday Weekend Pump, ANSEM Taps $400M

    Crypto majors are green up 1-3%, with HYPE leading; BTC +1% at $62.8k; ETH +1% at $1,770; SOL +1% at $81; HYPE +3% at $71. ZRO (+7%), LIT (+6%) and AAVE (+6%) led top movers. Oil even at $68; Gold +1% at $4,170. Stock futures are green as chip stocks rebound; DOW flat, Nasdaq +1%. President Trump defended his crypto ventures after his disclosure showed over $1 billion in 2025 earnings, pushing back on conflict-of-interest criticism as Democrats renew calls to bar politicians and their families from the industry. Odds of the CLARITY Act passing briefly surged to 55% after two major law enforcement groups shifted their stance, but has since retraced to 44%; now only 1 month remains until the key Aug 7 deadline marking the Senate summer break. Vitalik Buterin outlined Ethereum's "Lean Ethereum" roadmap, a 3-4-year plan to make recursive STARKs a native verification layer, swap remaining quantum-vulnerable cryptography for post-quantum alternatives, introduce a "scalable state" type reaching 100 TB by 2030 to cut some transaction costs more than 10x, and explore RISC-V or leanISA VMs for programmable privacy. Bitcoin miner stress hit a historically rare level, with the Miner Cycle Stress Composite falling to a new 2026 low and entering its "undervalued" range, a level that previously showed up near major bottoms in 2015, 2018, 2020, 2022, and 2024. Powered by https://myriad.markets/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

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