
The episode discusses the latest movements in the crypto market, including major price changes and significant news regarding regulatory developments and institutional investments.
Crypto majors are green up 2-3%; BTC +3% at $64.3k; ETH +3% at $1,790; SOL +2% at $79; HYPE +3%% at $69. Morpho (+10%), ARB (+10%) and ZEC (+7%) led top movers. Oil -2% at $72; Gold even at $4,110. Stock futures are mixed; DOW +0.2%, Nasdaq -0.2%. Circle stock is up 8% premarket after the company received OCC approval for a U.S. National Trust Bank charter. Coinbase Chief Legal Officer Paul Grewal is departing the crypto giant, ending a high-profile run in which he led Coinbase’s legal fights against the SEC and became one of the industry’s most visible advocates. SWIFT’s blockchain network is attracting major banks with 24/7 token transfers, a notable step as the backbone of global bank messaging moves onto blockchain rails. A new draft of the CLARITY Act could drop as soon as next week, sources say, in a final push for a late-July Senate vote, though it still lacks the bipartisan buy-in needed to pass before the August 7 recess. New Hampshire’s Executive Council rejected a $100 million Bitcoin-backed bond proposal, a setback for state-level efforts to gain Bitcoin exposure through public financing. BitGo introduced tools to help institutions reduce quantum computing risk in…
Explore listener stats, chart rankings, contacts and more on the FOMO HOUR: A Daily Crypto & Web3 News Show podcast page.