🐶📰 Weekend Update

BTC $107,320 (0.3%) | ETH $2,428 (-0.7%) | SOL $147 (3.8%)

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

• Iran and Israel agreed to a cease fire

• Coinbase’s COIN stock hit a new ATH close — Perp futures are coming July 21

• Circle hit a new ATH just shy of $300 before retracing 40%

• Republic Crypto will being to offer the rSpaceX token on Solana as exposure to SpaceX

• US Federal Housing agency ordered underwriters to count cryptocurrency as an asset for mortgages

Funds and ETFs

• Bitcoin ETFs saw $2.2B of net inflows

• Norwegian deep sea mining firm Green Minerals adopted Bitcoin Treasury strategy with plans to raise $1.2B

• Bakkt Holdings filed to raise $1B for crypto treasury

• Tether co-founder announced $1B raise via SPAC to launch crypto reserve vehicle

• Anthony Pompliano raised $750M for Bitcoin treasury company which will go public via SPAC

• GameStop disclosed $450M offering of convertible notes to acquire more Bitcoin

• Metaplanet acquired $133M worth of Bitcoin

• SharpLink Gaming (Nasdaq: SBET) purchased $30M worth of ETH

• SOL Strategies added JITO tokens to their strategic reserve

Other Crypto News

• Kraken released the Krak payments app

• US Q1 GDP came in below estimates — Odds of rate cuts by September rose to 94%

• The DXY dollar index hit a 3-year low

• Trump’s Truth Social officially filed for BTC and ETH ETF with NYSE

• CBOE filed the Canary PENGU ETF — Invesco filed for Solana ETF

• The Federal Reserve removed “reputational risk” as a requirement of bank supervisory exams

Tokens and NFTs

• Proposal to end the ApeCoin DAO passed with 99.66% voting in favor

• Yuga’s Otherside released new update videos highlighting AI user creation tools

• The DOG Bitcoin rune was listed on Kraken today

• Mocaverse announced Moca Chain powered by their MOCA token