🐶📰Weekend Update

BTC $56,700(+2.0%) | ETH $3,005 (+1.8%) | SOL $139 (+7.7%)

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!

Bitcoin

• Mt. Gox transferred $2.7B worth of Bitcoin out of storage to a new wallet and repayments notice was posted before being taken down

• Germany transferred over 5,600 Bitcoin ($320M) to exchanges over the past week

• Donald Trump pushed for Bitcoin as a US strategic reserve asset

• Standard Chartered Bank predicted $100K Bitcoin this August

ETFs

• SEC commissioner Mark Uyeda called for updating S1 registration requirements to better fit crypto

• Bloomberg analysts target end of this week for Ethereum ETF approval as more S-1 amendments are submitted

• Bitcoin ETFs saw over $230M of net inflows this week

• Van Eck’s head of digital assets research stated that the Solana ETF approval depends on removal of Gary Gensler as SEC chair

Solana Summer

• Jupiter announced a $60M airdrop to users who have staked $JUP and voted on proposals — Claim opens today

• Moonpay reported new records in Solana purchase transactions, volume, and unique buyers

• Solana flipped Ethereum in 24 hour NFT volume on Monday — Pump.fun fliped Ethereum in 24 hour revenue

• A whale swept $1M worth of Mad Lads

Odds and Ends

• Sydney Sweeney’s X account got hacked to promote a memecoin

• A Fidenza sold for 20 ETH, the lowest sale since July 2021

• Jack Butcher released a new curated Opepen set with art by “die with the most likes”

• Blast released their Season 2 points and gold guide for both users and dapps