UNDER EXPOSED EP 28 – Macro, Summer Crypto Outlook & InfoFi Overheats
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BTC hits ATH, InfoFi battle begins, Texas passes BTC bill
BTC hits new ATH of $111k. BTC on track for first golden cross since Oct. Funding rates on majors remain very low. BTC OI on Deribit at record $42.5b. Hyperliquid whale increases BTC position to $1.1bn. Miners appeared dumped BTC right before ATH. HYPE leads rally in L1s, nears ATH. Cetus on SUI faces exploit. IBIT now top 5 in YTD inflows across all ETFs. VanEck to launch private digital asset fund in June. Binance to list WLFI USD1 stablecoin. SOL Mobile’s 2nd Gen Seeker to ship from Aug 4. WLD raises $135m from VCs for expansion. Synthetix drops $27m Derive deal. Hong Kong passes stablecoin bill. Coinbase leak likely happened in December.
FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X.
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BTC nears ATH, InfoFi battle begins, Texas passes BTC bill
BTC records highest daily close ever, nears ATH. Texas passes BTC reserve bill, heads to governor. ETH co-founder sends $262m ETH to Kraken. More Americans now own BTC than Gold. Strive to buy $8bn BTC claims for Mt Gox. Hyperliquid whale increases BTC long to $675m. New York City creates crypto advisory council. Societe Generale launches USD stablecoin on ETH. SUI ecosystem sees $83m of inflows in 24 hours. BTCS buys $8.4m ETH, to raise $58m to buy more. SEC delays decision on XRP, DOGE ETF proposals. Robinhood sends proposal for RWA token regulation. SEC sues Unicoin alleging fraud. Genesis sues DCG and its CEO alleging fraud. Kraken launches crypto derivative offering in Europe. Crypto should be regulated, not banned: India SC. Argentina dismantles Libra scandal task force. South Korea tightens crypto regulations. xAI to collab with Robinhood and Kalshi.
FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X.
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