FOMO HOUR 193 – NVIDIA DROPS-OFF
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.
