Crypto markets faced significant downturns amidst geopolitical tensions as Israel launched strikes against Iran, resulting in over $1.1 billion in liquidations. Major events included Wynn's renewed liquidation, GameStop's $2.25 billion debt raise targeting BTC, and 21 companies recently backing BTC reserves. Sharplink's value dropped 70% following equity sales announcements, while they also acquired $463 million in ETH. Positive developments involved Trident Digital planning a $500 million acquisition of XRP. Tether made substantial investments across the ecosystem, acquiring a 32% stake in Elemental Altus for $92 million and announcing a tokenized gold platform launch. Other highlights included new payment options through Phantom on Shopify and Walmart and Amazon exploring stablecoin issuance. Various altcoin ETFs face SEC delays, highlighting the ongoing regulatory scrutiny. Streaming live five days a week, FOMO HOUR covers these pressing topics alongside prominent figures in the crypto space.

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