FOMO HOUR: A Daily Crypto & Web3 News Show
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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.
Decrypt is a next-generation media company capturing the most compelling narratives in emerging technology.
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Crypto majors are red as oil soars to $85; BTC -3% at $70.2k; ETH -4% at $2,050; SOL -5% at $87. K (+22%), OKB (+21%) and Kite (+10%) led top movers. The FDIC, FRB and OCC issued joint guidance stating that tokenized securities should receive the same treatment as non-tokenized. OKB surged 38%+ following the ICE investment news, extending its 2025 run that was ignited by OKX’s $7.6B token burn in August. Cardano went live for payments at Spar grocery stores in Switzerland, adding ADA to the list of crypto assets accepted at physical retail. Ripple CEO Brad Garlinghouse backed Trump and the CLARITY Act, signaling continued industry alignment behind the crypto market structure bill moving through Congress. ZeroHash applied for an OCC national trust bank charter, seeking federal authorization for stablecoin issuance, custody, and settlement. Revolut filed for a US national bank charter, seeking full-service banking for American customers with checking and savings accounts. John Daghita was arrested for allegedly stealing $46M in crypto from the US Marshals Service, identified first by ZachXBT. BlockFills’ Bitcoin was frozen by a judge amid a dispute with Dominion Capital, marking another legal entanglement for the institutional crypto trading firm. Situational Awareness LP, the $5.5B hedge fund run by ex-OpenAI researcher Leopold Aschenbrenner, revealed ~$1B in Bitcoin miner positions (turned AI power infra plays) in its Q4 2025 13F, with holdings in Core Scientific, IREN, Riot Platforms, Cipher Mining, and Bitdeer.
Crypto majors are very green again up 2-4%; BTC +3% at $73k; ETH +4% at $2,130; SOL +2% at $91.60. Pi (+14%), H (+12%) and Kite (+10%) led top movers. Bitcoin market conditions are drawing comparisons to the FTX bottom, with analysts at FalconX pointing to a 19% rebound from the $60K support level and peak capitulation in social sentiment as signs a floor may be forming. Kraken's banking arm became the first crypto firm to secure a Federal Reserve master account, gaining direct access to Fedwire and the same payment rails used by traditional banks. White House crypto advisor Patrick Witt publicly pushed back on JPMorgan CEO Jamie Dimon’s call to regulate stablecoin issuers like banks. a16z crypto is targeting a $2B raise for its fifth fund, bringing crypto fundraises announced in 2026 to $4B+. Cathie Wood’s Ark Invest bought $4M in Coinbase and $12M in Robinhood on Tuesday’s dip driven by Iran war uncertainty (both rebounded sharply Wednesday, COIN +13%, HOOD +9% from open).
Crypto majors are big green after huge overnight gains; BTC +4% at $71k; ETH +3% at $2,050; SOL +5% at $89.60; HYPE +1% at $32.60. KITE (+21%), SPX (+11%) and Aero (+11%) led top movers. Trump posted on Truth Social that banks are “threatening and undermining” the GENIUS Act and holding the CLARITY Act “hostage”. Iranian crypto exchanges logged $10.3M in outflows between February 28 and March 2 following the US-Israeli airstrikes. Saylor’s STRC closed above $100 with 1.82M shares sold, raising enough capital for Saylor to buy 1,016 Bitcoin (a new daily record). Vitalik shared thoughts on Ethereum’s place in the world and what good is has caused, promising to focus future efforts into building a “sanctuary tech ecosystem”. Tether committed $6.4M to Swiss city Lugano continuing its bitcoin adoption partnership with the municipality that’s become a test case for city-level BTC integration. Bridge and Visa are expanding stablecoin-linked Visa card issuance globally, building on the Latin America pilot launched last April.
Crypto majors are green after major gains on Monday; BTC +2% at $67.6k; ETH +2% at $1,985; SOL +1% at $85. NEAR (+12%), CHZ (+10%), Morpho (+10%) and Virtuals (+7%) led top movers. Stock futures are deep red after oil jumped 8% and concerns over a prolonged Iran War rise. Bitcoin hit $70K briefly Monday amid the US-Iran conflict before pulling back, with other majors ETH, Solana, and HYPE all posting big gains as well before reversing. CRCL stock gained 15% on Monday, now up nearly 60% since last week’s Q4 earnings call. A new Senate housing package deal is moving forward with a ban on CBDCs, backed by the White House. Uniswap won a full dismissal in the remaining state-level claims against them which aimed to make them liable for scam tokens trading on the protocol. Chinese banks are freezing accounts belonging to users who mention “Bitcoin,” “Dogecoin,” or “USDT” in wire transfer memo fields, with China Construction Bank customers reporting no path to unfreeze. Bitcoin’s BIP-110 governance fight escalated Monday as mining pool Ocean produced the first block signaling support for the temporary soft fork targeting non-monetary data.
Crypto majors are green after major gains on Monday; BTC +2% at $67.6k; ETH +2% at $1,985; SOL +1% at $85. NEAR (+12%), CHZ (+10%), Morpho (+10%) and Virtuals (+7%) led top movers. Stock futures are deep red after oil jumped 8% and concerns over a prolonged Iran War rise. Bitcoin hit $70K briefly Monday amid the US-Iran conflict before pulling back, with other majors ETH, Solana, and HYPE all posting big gains as well before reversing. CRCL stock gained 15% on Monday, now up nearly 60% since last week’s Q4 earnings call. A new Senate housing package deal is moving forward with a ban on CBDCs, backed by the White House. Uniswap won a full dismissal in the remaining state-level claims against them which aimed to make them liable for scam tokens trading on the protocol. Chinese banks are freezing accounts belonging to users who mention “Bitcoin,” “Dogecoin,” or “USDT” in wire transfer memo fields, with China Construction Bank customers reporting no path to unfreeze. Bitcoin’s BIP-110 governance fight escalated Monday as mining pool Ocean produced the first block signaling support for the temporary soft fork targeting non-monetary data.
Crypto majors fell and then rebounded on the initial Iran strike and have levelled off; BTC even at $66.3k; ETH -2% at $1,950; SOL -1% at $84. Morpho (+5%), NEAR (+5%) and JUP (+3%) led top movers. Oil is up 8% premarket this morning with the Straight of Hormuz closure. Gold (+3%) and Silver (+2%) are both rallying amist the war. HYPE rallied 13% over the weekend to $31 as Hyperliquid HIP-3 open interest set an all-time high above $1.1B and was featured in a Bloomberg headline about weekend markets. The Department of War labeled Anthropic a “supply chain risk” and directed federal agencies to stop using its AI tools after negoations to use Claude for the Iran war fell through. Iran’s crypto mining network is being monitored, as the regime operated between 2-5% of global Bitcoin hashrate using subsidized electricity. Trump Media is weighing spinning off Truth Social into a separate public entity called SpinCo, which would merge with Texas Ventures III. South Korea’s National Tax Service accidentally published unredacted Ledger seed phrases in a press release. Minnesota lawmakers are considering a full statewide ban on crypto ATMs via HF 3642, which would make it the first US state to do so. Ripple introduced new funding routes for XRP Ledger development, including a new FinTech Builder Programme and university partnerships.
Crypto majors are red as Iran strike odds; BTC -3% at $66K; ETH -5% at $1,960; SOL -5% at $83. ZRO (+11%), DCR (+7%) and STABLE (+6%) led top movers. Circle (CRCL) surged nearly 50% since Tuesday’s Q4 earnings beat, with USDC circulation up 72% YoY to $75.3B. Vitalik Buterin published a post-quantum Ethereum roadmap targeting four vulnerable layers: BLS validator signatures, KZG data availability commitments, ECDSA wallet signatures, and ZK proof systems. ZachXBT exposed an Axiom Exchange employee named Broox Bauer for allegedly using internal dashboards to map KOL private wallets and front-run memecoin positions since early 2025. Congress introduced the Promoting Innovation in Blockchain Development Act, a bipartisan bill that would amend 18 USC 1960 to apply only to those who “exercise control over currency,” decriminalizing non-custodial DeFi developers. Indiana passed HB 1042, requiring public retirement and savings plans to offer at least one crypto ETF option via self-directed brokerage accounts by July 2027. MetaMask’s crypto Mastercard now offers US users cashback and travel perks, deepening the on-ramp to onchain spending.
Crypto majors are very green and continuing the rebound rally; BTC +4% at $68.2K; ETH +7% at $2,070; SOL +5% at $88. DCR (+15%), Stable (+14%), DOT (+13%) and AERO (+13%) led top movers. BTC bounced 7% to near $69K after falling below $63K Tuesday, as whale buying and ETF inflows sparked a $400M short squeeze. Circle (CRCL) surged 35% after huge Q4 results: USDC circulation $75.3B (+72%), transaction volume $11.9T (+247%), revenue $770M (+77%). Nvidia posted a record $68.1B in Q4 revenue (+73%), guided Q1 to $78B, and confirmed Vera Rubin sample shipments started (NVDA +3.5%). The Ethereum Foundation published its "strawmap", a public developer roadmap targeting seven protocol forks through 2029 with north stars including 10K TPS via zkEVMs, first-class privacy, and post-quantum cryptography. The Dutch government plans to impose a 36% tax on unrealized crypto gains, amending existing tax law to treat digital assets on a mark-to-market basis. A UK parliamentary committee proposed a temporary ban on crypto donations in politics, citing foreign influence concerns and traceability issues. An AI system discovered a critical bug in Nethermind’s Ethereum client, the latest win for AI-driven security auditing. Sen. Richard Blumenthal opened a Senate inquiry into Binance over alleged $1.7B in transfers to Iran-linked entities including the Houthis.
Crypto majors are very green after a big rebound; BTC +4% at $65.7K; ETH +6% at $1,940; SOL +8% at $83. Virtual (+20%), Morpho (+16%), DOT (+13%) and ETHFI (+13%) led top movers; AVAX +10% as well. Bitcoin is down 50% from its all-time high as trader sentiment turns increasingly bearish, per Decrypt reporting today. The Ethereum Foundation began staking 70,000 ETH from its treasury, with an initial 2,106 ETH deposit going live today; staking rewards will fund protocol R&D and ecosystem grants. Vitalik has sold more than 10,700 ETH since early February, netting roughly $6.1M, with the proceeds used to help fund the Ethereum Foundation. The Trump administration is publicly pressuring the crypto industry to revive the stalled market structure bill. Meanwhile, World Liberty Financial is siding with Coinbase against the White House’s version of the market structure bill, creating a split between Trump’s administration and Trump’s own crypto business over stablecoin yield language. Michigan lawmakers introduced a bill that would allow state employees to receive wages in Bitcoin. Solana DeFi TVL has declined 52% from its September peak to $6.3B. Tether teased an upcoming product announcement, with speculation of a neobank and/or payments card.
Crypto majors are red again down anoter 4%; BTC -4% at $63.3K; ETH -4% at $1,820; SOL -4% at $77. DCR (+8%), JST (+2%) and XMR (+2%) led top movers. ZachXBT teased a major investigation dropping on Thursday which will expose a top crypto protocol for inside trading. Terraform Labs' bankruptcy administrator sued Jane Street, alleging the firm used a secret insider chat with a former Terraform intern to front-run the UST collapse, withdrawing 85M UST from Curve just minutes after Terraform pulled 150M. World Liberty Financial claimed a “coordinated attack” after USD1 briefly depegged to $0.98 on Binance citing hacked X accounts, disinformation, and short-selling (WLFI dropped 7%). Crypto.com received conditional OCC approval for a national trust bank charter, joining Circle, Ripple, Paxos, and Bridge; Coinbase and WLF still pending. Vitalik Buterin sold 3,100+ ETH via CoW Swap to fund Ethereum Foundation initiatives. Missouri lawmakers revived a Bitcoin strategic reserve bill with updated language addressing concerns that killed the prior version. Austria ordered KuCoin EU to freeze operations over compliance staffing shortfalls. Mexican billionaire Ricardo Salinas encouraged buying Bitcoin on dips as BTC trades well off its highs.
Crypto majors are red again down anoter 4%; BTC -4% at $63.3K; ETH -4% at $1,820; SOL -4% at $77. DCR (+8%), JST (+2%) and XMR (+2%) led top movers. ZachXBT teased a major investigation dropping on Thursday which will expose a top crypto protocol for inside trading. Terraform Labs' bankruptcy administrator sued Jane Street, alleging the firm used a secret insider chat with a former Terraform intern to front-run the UST collapse, withdrawing 85M UST from Curve just minutes after Terraform pulled 150M. World Liberty Financial claimed a “coordinated attack” after USD1 briefly depegged to $0.98 on Binance citing hacked X accounts, disinformation, and short-selling (WLFI dropped 7%). Crypto.com received conditional OCC approval for a national trust bank charter, joining Circle, Ripple, Paxos, and Bridge; Coinbase and WLF still pending. Vitalik Buterin sold 3,100+ ETH via CoW Swap to fund Ethereum Foundation initiatives. Missouri lawmakers revived a Bitcoin strategic reserve bill with updated language addressing concerns that killed the prior version. Austria ordered KuCoin EU to freeze operations over compliance staffing shortfalls. Mexican billionaire Ricardo Salinas encouraged buying Bitcoin on dips as BTC trades well off its highs.
Crypto majors are red but recovering after a big Sunday night selloff; BTC -2% at $66.4K; ETH -2% at $1,920; SOL -4% at $80. PIPPIN (+16%), ETHFI (+7%) and JST (+5%) led top movers. Over $400M in longs were liquidated as Bitcoin crashed below $65k last night. Tether’s circulating USDT supply has fallen by $1.5B so far in February and is now down nearly $4B from its local peak. Q4 2025 GDP badly missed expectations, coming in at 1.4% annualized vs. the 3% consensus; the 43-day government shutdown subtracted roughly 1 full percentage point, while exports reversed and consumer spending decelerated. Meanwhile, PCE inflation ticked up to 2.9%, giving markets slow growth alongside sticky prices. Bitwise warned of further Bitcoin price weakness, citing continued macro pressure and the need for equity market stability before any sustained crypto rally can materialize. South Korean regulators are facing scrutiny over a structural input error at Bithumb that accidentally credited $43B in Bitcoin to user accounts. World Liberty Financial announced plans to tokenize loan revenue interests in the Trump International Hotel & Resort in the Maldives via Securitize. Forty-one House Democrats pressed Treasury Secretary Bessent on World Liberty Financial’s potential banking charter, warning that approving a Trump family crypto company for a national bank license could threaten the independence of the US banking system.
Crypto majors are slightly green after yesterday’s dip; BTC +1% at $67.4K; ETH even at $1,950; SOL +3% at $84; XRP -1% at $1.40. KITE (+18%), Morpho (+10%) and Stable (+9%) led top movers. Bitcoin RSI fell below 30, historically a level that has preceded rebounds. The CME Group announced 24/7 crypto derivatives trading starting May 29, pending regulatory review. The White House pushed the banks on stablecoin yield, telling bankers that limited activity-based stablecoin rewards would remain in the next draft of the Clarity Act. Senator Warren spoke out against using taxpayer money to bail out Bitcoin and crypto firms. Russia is planning to block citizens from trading crypto on overseas exchanges, with experts saying enforcement is the key open question. Eric Trump reaffirmed his $1M Bitcoin prediction, citing long-term demand and a weaker dollar as key drivers. Blockfills is seeking a buyer after reporting $75 million in losses.
Crypto majors are slightly red down 1-2%; BTC -1% at $66.6K; ETH -1% at $1,950; SOL -2% at $81; XRP -4% at $1.41. Goldman Sachs CEO David Solomon attended the World Liberty Forum, told attendees that crypto firms rejecting the Clarity Act “should move to El Salvador,” and disclosed owning “very little, but some” BTC. NYSE President Lynn Martin said the exchange felt a “responsibility” to enter tokenization, flagging a 24/7 blockchain trading platform targeting launch later this year. California finalized DFAL licensing requirements, mandating crypto firms obtain a Digital Financial Assets Law license or exemption to operate in the state. Coinbase expanded its Morpho-powered crypto lending to XRP, DOGE, ADA, and LTC. Coinbase CEO Brian Armstrong called the quantum risk a “solvable issue” for crypto, speaking to CNBC from the WLFI Forum. Apex Group ($3.5T AUM) partnered with World Liberty Financial to pilot the Trump-backed USD1 stablecoin for fund operations.
Crypto majors are slightly red with ETH leading; BTC -1% at $67.4K; ETH even at $1,970; SOL -3% at $83; XRP even at $1.46. WLFI (+22%), KITE (+17%) and NIGHT (+7%) led top movers. Bitcoin open interest has collapsed 55% from its October 2025 peak of $94B to ~$44B, the steepest drawdown since April 2023. Dragonfly Capital closed Fund IV at $650 million, $150M above its original target, making it one of the largest crypto VC raises of the cycle. BlackRock and Coinbase revealed they’ll take an 18% cut of staking rewards from BlackRock’s forthcoming iShares Staked Ethereum Trust ETF (ticker: ETHB). The Netherlands may force crypto holders to liquidate assets to cover taxes under proposed Dutch reforms that would apply levies to unrealized gains. The Ethereum Foundation is exploring AI tools for drafting governance proposals and moderating community meetings. Abu Dhabi’s Mubadala and Al Warda collectively held over $1 billion in BlackRock’s IBIT at year-end 2025.
Crypto majors are slightly red down 1%; BTC -1% at $68K; ETH even at $1,970; SOL even at $85; XRP -2% at $1.45. Stable (+12%), NEXO (+7%) and PI (+5%) led top movers. Logan Paul’s rare Pokemon card sold for a record $16.5M at auction. Ethereum Foundation co-ED Tomasz Stańczak will step down at the end of February, with Bastian Aue taking over alongside Hsiao-Wei Wang. Kraken will sponsor Trump Accounts for newborns in Wyoming. Steak ‘n’ Shake said that its Bitcoin adoption has driven a dramatic increase in sales over the past 9 months. Vitalik Buterin argued prediction market hedging could “replace fiat currency”, proposing personalized baskets of prediction market shares pegged to users’ actual spending patterns instead of dollar-pegged stablecoins. Polymarket launched 5-minute Bitcoin up/down markets powered by Chainlink, and short-duration contracts are already driving 25% of daily trading volume.
Crypto majors are red down 2-3% ahead of today’s jobs report; BTC -2% at $67.1K; ETH -2% at $1,960; SOL -3% at $81; XRP -2% at ~$1.37. ZRO (+32%), RIVER (+14%) and ASTER (+4%) led top movers. LayerZero announced its own L1 blockchain called Zero, backed by Citadel Securities and Ark Invest, with Google Cloud and DTCC partnerships. Tether Investments made a strategic investment in LayerZero Labs, the protocol behind USDt0 just hours ahead of the Zero announcement. Goldman Sachs disclosed holding $1.1B of BTC and $1B of ETH, making up 0.33% of its portfolio. SBF filed a pro se motion for a new trial after firing his lawyer, potentially opening a path for him to get out of prison. Ray Dalio warned CBDCs will eliminate financial privacy in an interview with Tucker Carlson, calling them inevitable but also “not that big of a deal” as a store of value. Robinhood missed Q4 revenue expectations at $1.28B vs. $1.35B expected; crypto revenue fell 38% YoY to $221M as BTC dropped 23% in Q4 while prediction market volume spiked 4x. SafeMoon CEO Braden Karony received a 100-month prison sentence for securities fraud, wire fraud, and money laundering; ordered to forfeit $7.5M. Kraken moved CFO Stephanie Lemmerman to an advisory role ahead of the exchange’s planned IPO.
Crypto majors are mostly flat; BTC -1% at $68.6K; ETH -1% at $2,010; SOL even at $84; XRP even at ~$1.40. STABLE (+20%), H (+7%) and ASTER (+5%) led top movers. ZRO briefly jumped 20% before selling off, amidst speculation of launching its own chain. Farcaster co-founders Dan Romero and Varun Srinivasan joined Stripe’s Tempo, calling stablecoins a “generational opportunity”. Tether invested $150M in Gold.com for a ~12% stake; Tether’s gold stash now tops $23B (148+ tonnes), making it a top-30 global gold holder per Jefferies. MrBeast’s Beast Industries acquired Step, a teen-focused banking app backed by Stephen Curry and Justin Timberlake. Logan Paul faked a $1 million Polymarket bet during the Super Bowl. Polymarket sued Massachusetts in federal court, arguing only the CFTC has jurisdiction over prediction markets; meanwhile Kalshi sports markets face a 30-day geofence deadline. It’s a big week ahead for macro: Delayed nonfarm payrolls Wednesday, Coinbase earnings Thursday, Robinhood earnings Friday, and CPI on Friday.
Crypto majors are mostly flat; BTC -1% at $68.6K; ETH -1% at $2,010; SOL even at $84; XRP even at ~$1.40. STABLE (+20%), H (+7%) and ASTER (+5%) led top movers. ZRO briefly jumped 20% before selling off, amidst speculation of launching its own chain. Farcaster co-founders Dan Romero and Varun Srinivasan joined Stripe’s Tempo, calling stablecoins a “generational opportunity”. Tether invested $150M in Gold.com for a ~12% stake; Tether’s gold stash now tops $23B (148+ tonnes), making it a top-30 global gold holder per Jefferies. MrBeast’s Beast Industries acquired Step, a teen-focused banking app backed by Stephen Curry and Justin Timberlake. Logan Paul faked a $1 million Polymarket bet during the Super Bowl. Polymarket sued Massachusetts in federal court, arguing only the CFTC has jurisdiction over prediction markets; meanwhile Kalshi sports markets face a 30-day geofence deadline. It’s a big week ahead for macro: Delayed nonfarm payrolls Wednesday, Coinbase earnings Thursday, Robinhood earnings Friday, and CPI on Friday.
Crypto majors are red overnight after a major relief rally on Friday brough BTC back to $70k; BTC -3% at $68.9K; ETH -5% at $2,030; SOL -5% at $84; XRP -3% at ~$1.40. H (+11%), DCR (+9%) and WLFI (+4%) led top movers. Bitcoin rebounded 11% on Friday, climbing back above $70K after touching $60K Thursday in its worst single-day drop since FTX collapsed. XRP led the recovery, rocketing 17% as the bounce gathered momentum. China formalized bans on yuan-linked stablecoins and classified most RWA tokenization as illegal. The Financial Times published an opinion piece positing that at $69k, Bitcoin is still $69k too expensive. The White House is set to host another roundtable with crypto firms and banks tomorrow to push towards agreement on Clarity Act. South Korean exchange Bithumb accidentally credited users with 2,000 BTC each instead of a tiny cash reward (recovered 99%). Coinbase’s crypto-backed loans notched record liquidations with $170M wiped out via Morpho in a week, including $90.7M on Thursday alone. Cathie Wood’s Ark Invest sold $19M in Coinbase shares Thursday, just days after buying more COIN. Bitfarms pumped on news that it’s pivoting from Bitcoin mining to AI, rebranding, and moving to the U.S.
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