🐶📰Weekend Update

BTC $77,661 (-1.8%) | ETH $2,434 (-2.5%) | SOL $104 (-1.2%)

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 $81K before markets pulled back after Kevin Warsh's hawkish Jackson Hole keynote

• Nvidia posted record $96.2B Q2 revenue — Agreed to buy Hugging Face for $12.9B — Traded even after a volatile week

• The SEC subpoenaed banks about Situational Awareness fund insolvency

• Robinhood memecoins continued their run with CASHCAT, PONS, and NET making new ATHs

TradFi

• Uranium hit 7-month highs

• Charles Schwab to add Solana, Avalanche and Chainlink trading

• Bitcoin’s correlation with the Nasdaq dropped from over 60% to roughly 33% while correlation with gold climbed above 50%

• SEC cleared Evernorth XRP treasury company registration to list on Nasdaq under ticker XRPN

Tokens and NFTs

• ACK minted out 9999 Argonauts for 0.12 ETH each

• Blokyz NFT raffle received $64M worth of deposits

• MICRODUCK memecoin surged over $20M market cap after Hugging Face announced home robot

• Bored Ape Yacht Club opened ApeFest merch early access

• Pump.fun daily revenue hit highest level since September 2025 — Added Apple Pay purchases up to $1,500 on its mobile app

AI

• Mac Studio M5 Ultra presales went live with a ~$12k ticket price

• Claude Cowork launched with a built-in browser

• Z.AI announced they were behind the 0xAlpha model that took the top spot on OpenRouter last week

• Deep Seek looks to raise $7.4B at a $74B valuation