🐶📰 Weekend Update

BTC $76,301 (1.5%) | ETH $2,362 (0.9%) | SOL $87 (-0.6%)

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 and Iran discuss extending cease fire for 2 weeks

• Equity Fear and Greed flipped to “Greed” as S&P hits new ATHs

• Tether committed over $125M to Drift recovery pool under condition that Drift pools migrate from USDC to USDT

• STRC recorded an estimated 17K BTC of purchasing power and Strategy proposes semi monthly dividends to reduce volatility

• SEC issued new guidance providing clarity on DeFi apps, wallets, and crypto apps

Macro

• Schwab crypto trading to rollout in coming weeks — May enter prediction market space

• CFTC launches investigation into suspicious oil trades before Trump’s Truth Social posts

• All Birds stock gains over 400% on the day as they pivot from clothing to AI

• SEC approves ending the “Pattern Day Trader” requirement of holding $25k

Crypto

• Stablecoin yield draft gets postponed until next week

• World Liberty Financial posts proposal to unlock early investor tokens including a 10% burn and 2 year cliff

• Twitter launches “Cashtags” for crypto and equities on the IOS app

• Bitcoin BIP-361 proposal suggests freezing quantum-vulnerable Bitcoin addresses

• Kraken files for IPO

• Tether launches self custody wallet

Tokens and NFTs

• Garga stepped down at Yuga Labs CEO

• PUMPCADE launched “Ace Round” allowing users to convert tokens to equity — Announced $5M oversubscribed raise

• ASTEROID memecoin hit $30M after Elon shares heartfelt story

• Foundation announces failed sale and NFT metadata hosting being discontinued after 1 year

• The NEET memecoin on Solana hit new ATHs over $45M

AI

• White House to give US agencies access to Mythos model despite Anthropic ban — Anthropic releases OPUS 4.7

• Perplexity releases “OpenClaw killer” called Personal Computer — OpenAI releases similar product shortly after

• OpenAI releases GPT 5.4-Cyber which is used to detect software vulnerabilities — Debuted GPT-Roaslind, a science-focused model

• Coinbase looks for access to Anthropic’s Mythos model to sure up security

• CIA lets AI write its first intelligence report