🐶📰 Weekend Update

BTC $123,295 (1.0%) | ETH $4,547 (1.3%) | SOL $232 (1.3%)

Welcome to the Daily Bone Weekend Update where we recap the top stories from the week. Be sure to check out our daily newsletter to get all of your news hot off the press each and every weekday!

Headlines

• Bitcoin hit a new ATH and surpassed a $2.5T market cap

• The US Government shut down

• CME to launch 24/7 crypto futures trading

• Monthly perp trading volume surpassed $1T for the first time

• S&P hit a new ATH

Funds and Treasuries

• VisionSys announced a $2B Solana DAT

• AVAT Avalanche Treasury Company announces business combination with Mountain Lake SPAC

• Ethereum staking ETFs could be coming in October

• Leveraged BMNR ETF saw $200M worth of volume in its first 3 days of trading

• Metaplanet acquired $615M worth of Bitcoin

• SEC halts trading of QMMM to investigate stock price manipulation

Crypto News

• The total stablecoin market cap crossed $300B for first time

• Robinhood CEO stated that tokenization will consume the entire financial industry

• Pilot program to give low-income New York residents $12K in crypto

• Stripe applied for stablecoin charter in the US — Announced stablecoin launchpad

NFTs and Tokens

• Larva Labs was revealed as the final Art Blocks Curated artist with an auction starting at 0.25 ETH

• BNB hit a new ATH over $1100 — BNB memecoin “4” ran 800% to $150M market cap

• Telegram CEO promoted gifts on podcast with Lex Friedman

• OpenSea added NFT Strategy tokens — Punk Strategy hit a new ATH and currently holds 22 CryptoPunks with new NFT Strategies being released this week