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Decrypt 2024-06-06 19:49:28

FOMO HOUR 132 - CRYPTO STRENGTH IS GROWING

Crypto consolidates near ATH, $488m ETF inflow. BTC correlation to tech stocks highest since 2023. BTC options anticipate $74-80k move. ETH to $22k by 2030: VanEck. Robinhood to acquire Bitstamp.Coinbase launches Smart Wallet. ByBit opens up explicitly to China users. Global liquidity breaks out to $94T. US President given new powers to block crypto. Cramer & Gensler continue to bash crypto. Gensler hints at prolonged ETH ETF process. Stand with Crypto PAC hits 1m advocates. Turkey denies plans to tax crypto. EigenLayer surpasses $20bn TVL. IONET to launch on Binance.

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