FOMO HOUR: A Daily Crypto & Web3 News Show
Crypto majors are red as oil goes higher once again; BTC -3% at $69.3k; ETH -6%% at $2,070; SOL -5% at $88; HYPE -6% at $38.90. DEXE (+5%), JST (+3%), and ENA (+2%) led top movers. Oil +7% at $94; Gold -3% at $4,450. Robinhood’s HOOD stock rose after announcing a $1.5B share buyback, its largest repurchase program ever. Franklin Templeton and Ondo Finance are teaming up to offer 24/7 tokenized ETF trading on-chain, putting the $1.7T asset manager’s weight behind Ondo’s institutional DeFi infrastructure. Cipher Digital pivoted from Bitcoin mining to AI, signing a 15-year data center deal; the latest miner converting excess power infrastructure to AI compute. Visa joined the Canton Network as a Super Validator, expanding its role in institutional blockchain settlement infrastructure. McLaren Racing joined the Hedera Governing Council, becoming the latest major brand to take a governance seat on an institutional blockchain network.