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 very green, with SOL leading; BTC +4% at $61.2k; ETH +5% at $1,650; SOL +10% at $82; HYPE +3% at $64.60. LIT (+15%), PUMP (+11%), VVV (+10%) and ZEC (+10%) led top movers. Oil -1.5%at $67.50; Gold -0.3% at $4,070. Stock futures are slightly mixed; DOW +0.2%, Nasdaq -0.4%. Circle CEO Jeremy Allaire responded to the Open USD launch, arguing USDC's decade-built liquidity and network moats are too deep to copy and that consortium stablecoins have a "dismal" track record. A new institutional-focused Ethereum nonprofit launched with backing from Joe Lubin, BitMine, and SharpLink, the second Ethereum initiative from the same trio in recent weeks. Cantor Fitzgerald analysts see a potential crypto market bottom forming in the coming months, pointing to the cycle and urging investors to focus on networks with durable value accrual. Standard Chartered announced a partnership with Circle to allow their institutional clients to access USDC.