🐶📰 Weekend Update

BTC $73,539 (0.1%) | ETH $2,016 (0.5%) | SOL $82 (0.3%)

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

• Dell gains 35% post-market after earnings call and is now up 57% since Trump said to buy the stock on May 8th

• US and Iran are close to agreeing on a deal — S&P closes at new ATH of $7,563 — NASDAQ closes at ATH of $26,917

• OpenZepplin’s founder states that “all of DeFi is unsafe” due to increased capability of AI coding agents

• Pope Leo XIV releases encyclical letter on AI

Crypto

• ICE (NYSE parent co.) CEO calls Hyperliquid “bigger than NASDAQ” — HYPE hits new ATH vs BTC, ETH, and SOL — Cumulative HYPE ETF inflows surpass $100M

• SpaceX pre-IPO market on Hyperliquid wicks down 45% due to bad oracle data and liquidates many traders

• Crypto brokerage Falcon X files for IPO

News

• Trump admin to put Trump on $250 bill

• US Government awards $2.29B contract to SpaceX for low Earth orbit space data network

• Blue Origin rocket explodes during static fire test

• FBI arrests CIA official after finding $40M worth of gold bars in his home

AI

• Anthropic releases Opus 4.8 — Mythos coming in “a few weeks”

• An AI consultant company reveals one company spent $500M on Anthropic AI tools in a single month

• Anthropic raises $65B in Series H raise at a $965B valuation

• Robinhood enables AI trading for stocks and crypto