Crypto Down Bad After FOMC, Saylor’s STRC Problem Not Good, & Illinois Passes 1st State Crypto Tax

FOMO Hour is our Daily Crypto News Show! From 10am ET! Mon-Friday! Powered by https://myriad.markets/markets Kick: https://kick.com/DecryptMedia X: https://x.com/DecryptMedia Farokh: https://x.com/farokh Tyler: https://x.com/Tyler_Did_It Mando: https://x.com/rektmando Crypto majors are red down 1% after a hawkish FOMC despite stocks rebounding; BTC -1% at $64k; ETH -1% at $1,745; SOL -1% at $71; HYPE +1% at $71.80. H (+17%), ENA (+7%) and XLM (+7%) led top movers. Oil -2% at $75; Gold -2.5% at $4,270. Stock futures are green and rising with the Nasdaq up 1.4% and DOW +0.3%. Saylor’s STRC fell as low as $89.30 yesterday, marking a new low; meanwhle the Strategy X account posted how it has “32 years of dividend coverage through our BTC reserve”. The CME is suing the CFTC over their approval of perp futures in the US, allowing players like Kalshi and Coinbase to roll out the product. Mexican billionaire Ricardo Salinas Pliego, who keeps about 70% of his investment portfolio in Bitcoin, called it a better store of value than real estate. Fidelity and State Street entered the stablecoin market with compliant reserve-management funds. Moody’s launched onchain credit ratings on Solana, bringing one of the big three rating agencies directly onchain. BitGo shares popped after the crypto custodian announced a $50 million buyback plan. Grayscale said AAVE could rise to $175 (+130%) over the next year if regulatory clarity accelerates.