🐶📰Weekend Update

BTC $77,154 (0.9%) | ETH $2,426 (2.6%) | SOL $94 (4.2%)

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

• Crypto’s total market cap added $450B on the back of a Bitcoin run to $79K — HYPE hit new ATHs over $80 as Trump mentioned the CFTC is working to bring Hyperliquid to America

• The SEC issued a crypto regulatory proposal with provisions to allow companies to sell tokens to retail investors

• US discussed using nuclear weapons against Iran — Trump called the Strait of Hormuz "new American territory"

• Moderna gained a record 177% on the day as its cancer vaccine passed clinical trials

TradFi

• JP warned of a global food shortage as soon as next year

• Unitree robotics surged over 600% on IPO day

• Nike collapsed to its lowest level since 2014

• Strategy ended its streak of Bitcoin sales, raising $334M by selling MSTR stock instead

Crypto

• Robinhood rolled out agentic trading for crypto

• TokenWorks announced a 111 supply PFP collection to test its FWAir launch NFT platform

• Ansem released a memecoin launchpad on top of Pump Fun which airdropped $3.47M to holders after only 3 days

• Elon wanted to pay creators in USDC

AI

• ChatGPT tracks your computer’s clicks and keystrokes — More details emerged on their consumer AI device

• Anthropic announced Claude is designing proteins and automating chemistry research — CEO Amodei believed AI would cure most human diseases in 5-10 years

• Stripe acquired OpenRouter for $7.5B — Believed the singularity began on Jan 1 of this year