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HYPE outperform the market, Strategy buys $267M BTC last week and Adam Weitsman Talks the State of NFTs
Season 5 · Episode 188

HYPE outperform the market, Strategy buys $267M BTC last week and Adam Weitsman Talks the State of NFTs

FOMO HOUR: A Daily Crypto & Web3 News Show · Decrypt Media

January 27, 202655m 0s

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Show Notes

Crypto majors are red after a Sunday selloff, down 6-10% on the week; BTC -1% at $87,600; ETH -1% at $2,897, SOL -3% at $122; XRP -1% to $1.89. PUMP (+26%), HYPE (+25%) and ZEC (+8%) led top movers. The Senate Agriculture Committee delayed a vote on the crypto market structure bill due to a snowstorm, with partisan divisions still threatening momentum. Coinbase set up a new advisory board to address quantum risk, following Ethereum’s move to set up its Post Quantum team. Anthropic CEO Dario Amodei warned AI development is accelerating faster than society’s ability to control it and AGI will arrive in 1-2 years. Clawdbot AI assistants pushed the limits of automation and safety as adoption spread quickly among developers, raising concerns of safeguards not ready for widespread AI agent usage. Tether added more Gold (XAUT) and expanded supply far faster than USDT, with gold-backed tokens growing roughly 38% quarter-over-quarter. UK crypto firms faced accelerating “debanking,” according to a lobbying group that reported billions in blocked or delayed bank transfers tied to crypto activity. Bitcoin mining stocks fell after Nvidia invested $2B in CoreWeave.