🐶📰 Weekend Update

BTC $103,893 (-2.0%) | ETH $2,441 (-4.3%) | SOL $142 (-4.0%)

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 to make decision on Iran in “next two weeks”

• The GENIUS stablecoin act passed the Senate with a vote of 68-30

• Circle hit new ATH over $240

• The Federal Reserve left interest rates unchanged as expected — Over half of participants expect at least 2 cuts this year

• J.P. Morgan is launching JPMD, a US deposit token for institutional clients on Base

• Tron went public in US through a reverse merger

Funds and Treasuries

• Strategy purchased $1.05B worth of Bitcoin

• Lion Group Holding (Nasdaq: LGHL) secured $600M for a HYPE treasury

• Eyenovia, INC (Nasdaq: EYEN) raised $50M for a HYPE strategic reserve

• The first XRP ETF began trading on the Toronto Stock Exchange

• Coinshares filed for Solana ETF

• Truth Social filed for combined Bitcoin and Ethereum ETF

• Davis Commodities (Nasdaq: DTCK) announced plans for Bitcoin treasury and tokenized commodities

Other News

• Trump family reduced stake in World Liberty Financial from 60% to 40%

• Defi lending TVL hit a new ATH of $55B

• Coinbase announced crypto payments framework for merchants — Will allow USDC to be used as collateral for futures trading

• Ohio passed bill to exempt small Bitcoin payments from taxes

• The three largest Bitcoin mining manufacturers have created production facilities in the US

Tokens and NFTs

• Pump Fun hired top crypto lawyers to fight against class action lawsuit

• Kraken teased a listing for the DOG Bitcoin rune

• FARTCOIN deposits went live on Binance

• OpenSea partnered with Moonpay to enable credit card payment for NFT purchases