FOMO HOUR 174 – SOL BOUNCES 40%
SOL continues to lead majors, memecoins run higher. SOL/ETH hits ATH, breaks key resistance level. BTC whales bought $23bn in last month. BTC volatility hits 20-month high. NASDAQ & BlackRock ask to list ETH options. ETH ETF inflows outpace BTC. BlackRock ETH ETF sees $900m inflows so far. New ETH L2 created ‘every 19 days’. $2bn of seized ETH transferred by Chinese police. Jump continues to exit ETH position. Move in Yen is opportunity to buy BTC: Hayes. Tether mints another $250m on SOL. DeFi revenues soar, AAVE makes $6m in one day. HyperLiquid sees record $4.3bn of trade volume. Binance saw $1.2bn inflows, biggest inflow of 2024. Nearly every Binance launchpad coin is now red. Kamala reschedules crypto leaders meetup.
