Is SpaceX IPO a market top, AI Trade is overheated, Saylor is back buying BTC

Is SpaceX IPO a market top, AI Trade is overheated, Saylor is back buying BTC

From FOMO HOUR: A Daily Crypto & Web3 News Show by Decrypt Media

June 9, 2026 · 58 min · Season 5 · Episode 290

About this episode

The episode discusses the current state of the crypto market, including Bitcoin and Ethereum prices, and recent developments in government regulations and financial services.

Crypto majors are mostly flat; BTC -0.5% at $62.7k; ETH even at $1,670; SOL even at $66.40; HYPE +1% at $62.10. ZEC (+12%), WLD (+11%), and CC (+5%) led top movers. Oil -5% at $89; Gold +1% at $4,357. Stock futures are green after Iran announced end of military operations against Israel, with the Nasdaq up 0.7%. CME Group launched Bitcoin Volatility Index futures on Monday, letting traders bet on how much BTC will swing rather than which direction. BlackRock-backed tokenization firm Securitize received SEC approval for its merger with Cantor Fitzgerald’s SPAC, combining Securitize’s institutional tokenization platform with Cantor’s balance sheet and distribution. Rep. Brad Sherman (D-CA) published an op-ed opposing government stablecoin payments, arguing that allowing federal agencies to accept stablecoins for tax payments and government fees would enable tax evasion by making transactions harder to trace. Sen. Angela Alsobrooks said she will not support the Clarity Act on the Senate floor without resolution of ethics provisions, specifically language preventing government officials from personally profiting from crypto markets. The UK FCA added Hyperliquid and the Hyper…

Topics covered

Mentioned in this episode

Organizations: SpaceX, CME Group, BlackRock, Securitize, Cantor Fitzgerald, UK FCA, Hyperliquid, Hyper Foundation

Places: Iran, Israel

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