FOMO HOUR

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.

Crypto majors bounce with stocks & gold after CPI. Kamala odds flip Trump after Presidential debate. SUI, FTM, ICP, TON lead gains in Alt L1s. Grayscale launches XRP trust, SUI to follow. FTX unstakes part of SOL position, large unlocks in Q1. 5 major announcements coming for SOL this month. SOL active addresses hits ATH for any blockchain. ETH dominance falls to 14%, lowest level in 3 years. AI coins strong as Nvidia & chip optimism returns. SWIFT set to build infrastructure for RWA trading. Coinbase launches wrapped Bitcoin product. ENS integrated with Venmo & PayPal. Pendle introduces Bitcoin yield pools at 45%. POPCAT gets Kraken listing, leads top SOL memes. SUNDOG breaks $300m after ByBit spot listing. Casino tokens rise, RLB up 100% in 2 weeks. Ape Punk sells in ‘heist’ for 10ETH. XCOPY editions & 1/1s see high sales. Fantasy Top trading volume continues to grow. Trump family set to launch crypto project Monday.

Crypto rises with stocks after CPI falls again. Bitfinex BTC longs continue to grow. SUI again leads L1s, up 18%. FTX estate unstakes $24m SOL, still has $943m. Binance introduces SOL liquid staking. SWIFT introduces infrastructure for RWA transfers. Pendle launches Bitcoin yield pools. UK makes crypto legal property. India leads crypto adoption for second year. Vitalik won’t advertise L2s with multi-sig security. Based rollups seen as alternative future for ETH. Blockchain music start up raises $50m. Ford & Toyota file blockchain patents.

Crypto falls slightly after Presidential debate. Exchanges see highest BTC outflow since May. Be wary of Yen move for BTC: Hayes. SOL active addresses hit ATH. At least 5 massive SOL announcements coming: Mert. Binomial to introduce restaking on BNB. Indonesian exchange hacked for $22m. Atomic Wallet wins lawsuit over $100m hack. Lawyers argue Ellison shouldn’t go to jail. ENS integrated with Venmo & PayPal. Galaxy & State Street launch 3 crypto ETFs. Standard Chartered begins UAE crypto custody. AAVE leads resurgence in DeFi coins.

BTC rallies, ETF has first inflow in 9 trading days. BTC may have put in first higher low in 6 months. Saylor predicts $13m price for BTC. Wealth advisors quickly adopting BTC: BitWise CEO. Binance among few firms to get Indonesia license. Spot trading on CEXs up 30% in August. SEC made $4.68bn from crypto firms in 2023. $5.6bn lost to scams in 2023. XRP security status may be unchallenged in appeal. EtherFi announces credit card on Scroll. Base has more DEX users than other L2s combined. Tether & Tron create taskforce against crime. TIA still only making $585 in daily fees. WLD investigated by Singapore police.

Top Gainers: FTM, TAO, BTT, AAVE, TON, ATOM. Crypto mini-bounce continues, BTC reclaims $55k. BTC RSI hits lowest level since July 2021. Bitfinex longs continue to grow aggressively. BTC hashrate hits another ATH. BTC could hit $90k on Trump election: Bernstein. BlackRock settles intraday BTC trades off-chain. Spot BTC ETFs have been a failure: Bianco. Power giant Tepco explores Bitcoin mining. ETH Foundation & Vitalik continue to sell ETH. Farcaster DAU’s down 95%.

Crypto weak after continued ETF outflows. Durov breaks silence, TON bounces 3%. Telegram will start moderating private chats. Hayes & Brandt flip bearish on BTC. Coinbase shares hit 7 month lows. 90% of crypto firm applications rejected in UK. Japan’s 3 largest banks to trial stablecoins. Trump promises again to embrace crypto. INJ launches BlackRock BUIDL index. DWF to launch synthetic stablecoin. Vitalik to donate all L2 tokens to charity. Most VCs in crypto ‘will disappear’.

Crypto falls on macro wobble, Yen fears. OI wiped in BTC drop to $56k, funding negative. Altcoins down 13% YTD, stablecoin supply up 30%. BTC mining profitability at record low: JP Morgan. FBI says North Korea targeting BTC ETF issuers. Trump family to launch DeFi project on ETH. Trump project linked to AVAX’s Dough Finance. Trump family members hacked during launch. AI coins underperform after Nvidia investigation. MATIC upgrade to POL begins. TON falls as Telegram faces issues in many countries. VC funding & BTC correlation breaks down. We have entered crypto’s ‘corporate phase’. Gensler will leave regardless of election: Ripple CEO. Harris campaign has asked Coinbase for advice. Penpie DeFi project hacked for $27m. Galois Capital settles with SEC over FTX custody.

OI continues to rise as BTC stabilises. BTC still best performing assets class this year. FTX to distribute $16bn to creditors starting in Q4. Qatar introduces regulatory framework for crypto. ETH L1s fees down 90%, L2 activity ATH. Base hits 14m monthly users, many may be Sybil. ETH is in death spiral: Krueger. SOL to see significant unlocks in Q1. Japan considers dropping crypto tax to 20%. Rate cuts won’t help BTC: Hayes. BTC should double after rate cuts: Tapiero. Mr 100 linked back to Upbit wallet. WazirX hacker moves funds to Tornado. SUI to launch handheld gaming device. Sony & PYTH announce collaboration.

BTC weekly volatility returns to multi-year lows. BlackRock BTC ETF sees first outflow in months. ETH dominance hits 4-year low. Vitalik linked wallet sells $2m ETH. Bukele talks up BTC impact in Time interview. CBoE files for ETH & BTC ETF options. Elon & Tesla win DOGE manipulation lawsuit. Macron denies inviting Durov to France. Trump promises to make US the ‘crypto capital’. Trump advertises Liberty Financial DeFi project. DeFi mindshare continues to grow.

BTC: 59.7k (0%), ETH: 2545 (0%), SOL: 146 (-1%). Top Gainers: HNT, IMX, ICP, ADA, KCS. BTC ETFs: -$105m, ETH ETFs: +$6m. Bitcoin in tight liquidation range, ETH outperforms. ETH ETF sees first in flow in 10 days. Funding rates all turn negative. Mr 100 buys 500 BTC in dip. France formally charges Durov, can’t leave country. TON jumps 6% after Durov release. TON faces another outage related to DOGS. AI coins fall after Nvidia earnings. Crypto payments about to soar: Armstrong. Binance denies freezing Palestinian accounts. CryptoCom & Standard Chartered partner.

BTC hits $58k after ETF outflows, then bounces. BTC sees largest exchange outflow in a year. Divergence between BTC & stocks grows. TON stops producing blocks briefly, price bounces. TON outage linked to DOGS launch. Maker DAO rebrands as Sky. USDS upgrade from DAI will have freezing function. Robinhood readds SOL support. SEC charges 2 brothers with $60m crypto scam. Nasdaq pitches options on BTC ETFs. Full-time open source devs under 8k in crypto. Crypto owners more likely to be ‘psychopaths’.

BlackRock ETF sees biggest inflow in 35 days. BTC ETFs have 12 straight days of inflows. ETH ETFs have 8 straight days of outflows. ETH/BTC ratio continues to hit new lows. Russia to start using crypto for trade this week. Stablecoin TVL hits ATH of $168bn. Durov faces several serious charges in France. Telegram also under investigation in India. TRX flips TON, enters top 10 crypto coins. Crypto is the currency of AI: Naval. 84k new crypto millionaires created this year. SEC lawsuit against Kraken to proceed to trial. Aave proposes integration with BlackRock BUIDL. Celsius has repaid $2.5bn in assets so far.

AI tokens lead ahead of Nvidia earnings. Crypto funds saw $533m inflows last week. BTC ‘bull market’ back on in IFP index. BTC close to ‘parabolic zone’ soon. Many coins ‘flipping back to bullish’ indicators. Open Interest begins to creep back up again. Binance Labs to focus on AI investments. 51 L2s now built on OP stack alone. Some exchanges rejected for Hong Kong license. Vitalik questions DeFi yields in crypto. New malware steals crypto on MacOS. Avalanche Discord hacked after Polygon.

BTC ETFs: +$65m, ETH ETFs: -$1m. Crypto stays range-bound ahead of Powell speech. Russia plans stablecoins of BRICS countries. El Salvador buys 162 BTC with daily buys. AVAX up 15% as Grayscale launches trust. Tron removes 12k BTC from USDD reserves. Trump promotes crypto DeFi project. Crypto half of corporate political donations. Tether abandons plan to launch its own blockchain. Sony backed L2 set to launch in weeks. Babylon launches BTC staking. CZ leaves prison for ‘halfway house’. PayPal & Anchorage partner for bank crypto rewards. Bitcoin mining market worth $74bn: JP Morgan. Bitfarms buys Stronghold in ‘strategic defence’.

BTC ETFs: +$40m, ETH ETFs: -$18m. BTC breaks channel, ripe for ‘short squeeze’. BTC OI rises $1.3bn post Fed minutes. Kamala ‘supports crypto policies’ says advisor. Vitalik ‘bull posts’ ETH. Story Protocol raises $80m for L1. WazirX halts open orders after problems with Rupee. Coinbase & Ripple lead political donations. Salame claims government reneged on plea deal. EigenLayer team claimed coins despite being in US.

BTC ETFs: +$88m, ETH ETFs: -$7m. BTC funding negative in ‘short squeeze’ setup. BTC dominance up 18% in 2 years. TRX leads L1s as memecoin activity soars. Chance of SOL ETF is zero in 2024: Bloomberg. Another SOL ETF approved in Brazil. Binance & CZ face new class action lawsuit. Tether to launch UAE-Dirham stablecoin. Mt Gox moves $700m in BTC. CRV founder faces backlash on DAO proposal.

Crypto follows stocks higher, BTC rallies to $61k. SOL funds saw largest weekly outflow ever. Tether mints another $1bn on Tron. SEC blocked SOL ETF from CBoE. China classifies crypto for money laundering. DNC platform doesn’t mention crypto. Rumours Gensler may be Treasury Secretary pick. Chrome extension ‘Bull Checker’ leads to exploits. Genesis-linked wallet hacked for $238m. ADA drops out of the top 10 coins.