🐶📰Weekend Update

Today’s newsletter is brought to you in partnership with Pizza Ninjas!

Pizza Ninjas completed their Pizza Pets airdrop and trading is now live on all major Ordinals marketplaces. The next stage of this interactive game begins Today at 11AM EST as the eggs will reveal and the rules of the game will be made public. Over 2900 traits were inscribed in preparation for the reveal! All egg owners can join a token gated chat in the Pizza Ninjas Discord to get the inside scoop on game lore and strategy.

Browse the Pizza Pets Collection on Magic Eden Today! 

BTC $101,496 (+1.1%) | ETH $3,890 (-0.6%) | SOL $224 (-1.0%)

Headlines

• OpenSea registered a foundation in the Cayman Islands leading to speculation of a token

• MicroStrategy joined the Nasdaq top 100

• Magic Eden’s ME token launched and peaked at a $10B FDV before pulling back to $4B

• AI coins surged led by FARTCOIN which is up 300% on the week

• The Azuki team sent crypto to Taylor Swift without needing her wallet address

Bitcoin Accumulation

• Michael Saylor advised the U.S. to sell its gold reserves and purchase 25% of the Bitcoin supply

• MicroStrategy acquired over $2B worth of additional Bitcoin

• Russia proposed a national Bitcoin strategic reserve

• The State of Texas legislature put forth a bill outlining a Bitcoin strategic reserve

Global News

• South Korea delayed crypto taxation until 2027

• Ukraine planned to completely legalize crypto in early 2025

• Czech Republic eliminated capital gains tax on Bitcoin held over 3 years

• Beam ventures launched a $150M fund to increase their gaming footprint in Abu Dhabi

Fungible and Non Fungible

• ETH NFTS rallied as most top collections gained 40%-100% on the week

• The Pudgy Penguins floor crossed the $100K USD mark

• Phantom Wallet increased discoverability of Pump Fun and Moonshot tokens in app

• Binance listed VELODROME for spot trading

• Milady launched their CULT coin on Ethereum