🐶📰 Weekend Update

BTC $66,390 (-0.3%) | ETH $1,999 (0.5%) | SOL $83 (-0.5%)

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

• Strategy announces $42B ATM program to fund Bitcoin purchases

• Proposal to allow crypto in 401(k) plans clears White House review

• Tether selects KPMG to conduct its audit — CRCL falls 25% on the week

• The NYSE partners with Securitize to launch 24/7 tokenized equity markets

Macro

• Oil spikes back to $100 as tensions escalate between US and Iran

• Israel breaks 10 day energy strike pause with attacks on Iranian infrastructure

• Odds of 0 rate cuts in 2026 spike to 38% on Polymarket — US mortgage rates jump to 7%

• Anchorage Digital adds Strategy’s STRC to their balance sheet

Crypto

• David Sacks leaves White House role as Crypto Czar

• Coinbase partners with Better Mortgage to offer crypto back mortgages — Fannie Mae to accept crypto-backed mortgages

• Delaware introduces bi-partisan stablecoin banking bill

• ZachXBT exposes X doomposting ring and Russian OTC manager who helped a ransomware group launder millions

Tokens and NFTs

• NFT NYC returns this September

• Autoglyph #392 sells for 42 ETH

• Mirror Stages mint by Botto goes live on OpenSea

• Backpack airdrop goes live