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- 🐶📰 Weekend Update
🐶📰 Weekend Update
Crypto markets pumped, CPI data was released, and Gemini's IPO went live
BTC $115,964 (0.7%) | ETH $4,725 (4.6%) | SOL $242 (1.7%)
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
CPI came in at expectations causing odds for a single September rate cut to rise to 87%
CBOE announced launch of Bitcoin and Ethereum futures
US Jobs report revised jobs down 911K, the largest downward revision in history
US Democrats asked for seats in the SEC and CFTC in return for support on crypto bill
Gemini’s IPO went live
Crypto Treasuries and Funds
$1.65B Solana treasury company launched - Backed by Galaxy, Jump and Multicoin
Bitmine acquired an additional $201M worth of ETH, bringing their total to $9.24B
Avalanche foundation is in talks to setup two digital asset treasury companies with goals of raising $1B
Asset Entities merger with Vivek Ramaswamy’s Strive was approved, paving the way for a new Bitcoin treasury company
Metaplanet announced $1.4B discounted share offering with proceeds earmarked to buy more Bitcoin — KindlyMD committed $30M to offering
Sharplink gaming started $1.5B share buyback
Sol Strategies announced Nasdaq listing under the STKE ticker
Other Crypto News
Prediction market mindshare approached 2024 election-level highs
Kalshi week 1 NFL volume hit same levels as 2024 US election week
Eric Trump was removed from the Alt5 Sigma board, a WLFI treasury company
Native markets spiked to 95% odds of securing USDH bid
Tokens and NFTs
World Liberty Financial proposed 100% LP fee buyback
Moonbirds launched open edition physical mystery box mint through Collector Crypt
KONG airdrop went live
Claynosaurz introduced staking
Meteora announced October date for MET TGE
Jack Butcher announced Art Blocks curated drop “Gas Wars” coming next week
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