FOMO HOUR: A Daily Crypto & Web3 News Show
Crypto majors are slightly red down 1-2%; BTC -1% at $66.6K; ETH -1% at $1,950; SOL -2% at $81; XRP -4% at $1.41. Goldman Sachs CEO David Solomon attended the World Liberty Forum, told attendees that crypto firms rejecting the Clarity Act “should move to El Salvador,” and disclosed owning “very little, but some” BTC. NYSE President Lynn Martin said the exchange felt a “responsibility” to enter tokenization, flagging a 24/7 blockchain trading platform targeting launch later this year. California finalized DFAL licensing requirements, mandating crypto firms obtain a Digital Financial Assets Law license or exemption to operate in the state. Coinbase expanded its Morpho-powered crypto lending to XRP, DOGE, ADA, and LTC. Coinbase CEO Brian Armstrong called the quantum risk a “solvable issue” for crypto, speaking to CNBC from the WLFI Forum. Apex Group ($3.5T AUM) partnered with World Liberty Financial to pilot the Trump-backed USD1 stablecoin for fund operations.