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newsAug 6, 20251:02:05pending

$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINS

FOMO HOUR

About this episode

Crypto volatile amid weaker macro picture. BTC ETF outflows continue, ETH turns positive. Short term BTC holders dump $18b as whales buy. Liquid staking Activities are not securities: SEC. China testing out Yuan stablecoins. Brazil considers BTC reserve. Japan’s SBI files for various crypto ETFs. Michigan pension fund triples BTC ETF exposure. Sharplink bought $304m ETH last week. Metamask plans to launch stablecoin. Base briefly goes down due to sequencer failure. CZ seeks dismissal of $1.8b FTX lawsuit. Hyperliquid earned 35% of July blockchain revenue. BitBridge to go public as BTC treasury firm. BNB discloses new infrastructure roadmap. LTC leads alts, MEI Pharma launches $100m treasury. Pendle to allow speculation on crypto funding rates.

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$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINS

FOMO HOUR

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