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- š¶š°Weekend Update
š¶š°Weekend Update
New crypto all time highs, the biggest mainstream NFT collab, and Gary Gensler's exit.
BTC $90,896 (+1.3%) | ETH $3,178 (+2.7%) | SOL $221 (+3.3%)
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!
Category 1
Bitcoin broke $93K and hits a new all-time high of $93,483 ā Bitcoin flipped Silver in market cap
Solana broke $100B market cap for the first time
Coinbase entered the top 10 apps on the IOS App Store
Ethereum ETFs set new record after recording $295M in single day net inflows on Monday ā Total weekly ETH inflows came in at $533M
Gary Gensler gave a speech suggesting he is departing from his role at the SEC
TradFi
Blackrockās spot BTC ETF surpassed Gold ETF in assets held
Tether minted $3B USDT on Ethereum mainnet throughout the week
MicroStrategy announced that they purchased another 27.2K BTC over the last 2 weeks and set a new all time high
Italy lowered their proposed crypto tax from 42% to 28% ā Sources say Donald Trump is looking to eliminate crypto capital gains tax
FBI raided the PolyMarket CEOās house and seizes his phone and electronics
Memecoin Majors
Binance listed PNUT and ACT memecoins for spot trading ā Controversy surrounded the ACT listing as it was at a $20M market cap at time of listing
Coinbase listed WIF and PEPE ā OKX listed MOODENG ā Binance listed BONK and HIPPO (SUI)
Trump announced Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency ā DOGE is up 85% on the week
Kraken listed DOGā¢GOā¢TOā¢THEā¢MOON for perps trading
NFT News
McDonaldās revealed details surrounding a collaboration with Doodles which includes digital collectibles
Azukiās AnimeCoin tweeted for the first time in months and teased their Discord launch
Over 200 CryptoPunks sold this week as the floor gained 40% to 38 ETH
Moonshot memecoin trading app revealed record fiat deposits