🐶📰 Weekend Update

BTC $108,561 (-1.3%) | ETH $4,391 (1.2%) | SOL $202 (-2.8%)

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

• US Government published GDP data on multiple major blockchains using Pyth and Chainlink for distribution

• Solana DEFI hit its highest TVL since January

• Stablecoin supply hit new high of $280B

• Hyperliquid recorded more spot and perps volume than Robinbhood for the third straight month as HYPE briefly hit a new all time high

Treasuries and Funds

• KindlyMD announced $5B ATM offering to establish Bitcoin treasure

• Pantera Capital announced $1.25B raise to create a Solana treasury company

• B Strategy announced plans to raise $1B for a BNB treasury

• Metaplanet announced raise $880M to purchase additional Bitcoin

• Sharps Technology (Nasdaq: STSS) announced $400M raise to create Solana treasury

• Sharplink Gaming acquired $360M worth of ETH

• Strategy acquired $350M worth of Bitcoin at an average price of $115K

• BMNR bought over $335M ETH this week

• Canary filed for a TRUMP ETF

• Bitwise filed for LINK ETF

• Mega Matrix (NYSE: MPU) launched ENA treasury

Crypto News

• Trump Media Group announced partnership and purchase of $6.2B worth of CRO

• Bitcoin has the largest deviation from M2 money supply in 2 years

• Trump attempted to fire Fed governor Lisa Cook

• Crypto founder John Wang joined Kalshi as “Head of Crypto”

• Donald Trump Jr. invested in Polymarket

• Google announced new L1

• Geminin launched SOL and ETH staking in the UK

• Nvidia earnings beat estimates 

Tokens and NFTs

• Pump fun bought back over $10M worth of PUMP

• Cyberkongz to airdrop 2% of KONG tokens to active OpenSea users

• OpenSea announced Hyperliquid support and OpenSea MCP that allows AI agents to plug into their data

• Bubblemaps released report that Hayden Davis made $12M from sniping the YZY token