FOMO HOUR: A Daily Crypto & Web3 News Show
Crypto majors are red as the ceasefire is questioned and oil rebounds; BTC -1% at $71.1k; ETH -3% at $2,180; SOL -3% at $82; HYPE -1% at $39. DEXE (+4%), JST (+3%), and CC (+2%) led top movers. Oil +5% at $99; Gold -0.2% at $4,764. The US Treasury proposed rules requiring stablecoin issuers to maintain AML and sanctions compliance programs under the GENIUS Act, meaning issuers must be able to block, freeze, or reject transactions that violate law. Chainalysis projects stablecoins could handle $1.5 quadrillion in annual trading volume by 2035, potentially exceeding Visa and Mastercard’s combined volumes. Standard Chartered is considering merging Zodia Custody’s crypto custody business with its broader digital asset division. JPMorgan noted a sharp decrease in Q1 2026 crypto capital inflows citing market volatility and external pressures including the Iran war and a hawkish Fed.