🐶📰 Weekend Update

BTC $84,063 (+1.0%) | ETH $1,930 (+1.4%) | SOL $133 (+5.4%)

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

• Rumors released around Trump family deal for stake in Binance US - CZ denied involvement in the deal

• Abu Dhabi’s MGX invested $2B in Binance, the largest investment in a crypto company and the largest investment paid in crypto.

• Solana SIMD-0288 proposal to reduce token inflation failed to pass

• The total stablecoin market cap hit a new all time high

TradFi

• S&P and Nasdaq fell to lowest levels since September 2024 — Bounced back on Friday

• Gold crossed $3K and hits a new all time high

• US CPI and PPI came in below estimates

• Franklin Templeton filed for an XRP ETF - Van Eck registered for an AVAX ETF and a SOL ETF

• Bitcoin ETFs saw $921M in net outflows and ETHH ETFs saw $190M in outflows

Crypto News

• Coinbase launched 24/7 perpetual futures in the US

• Ripple received approval to provide crypto payment services in the UAE

• Rumble purchased $17M worth of Bitcoin - Metaplanet purchased $13.5M worth

• Senator Cynthia Lummis reintroduced the BITCOIN ACT

• The ETH/BTC pair dropped to lows not seen since January 2021

Tokens and NFTs

• Sam Spratt announced the winners of his Masquerade event

• Robinhood listed PENGU, POPCAT, and PENGU

• Coinbase listed the DOGINME memecoin which was trading at a $10M market cap earlier this week

• Coinbase suspended trading for FLOKI, TURBO, and GIGA in New York

• Gutter Cat Gang announced the GANG token launching on ApeChain March 31st

• Taproot Wizards announced mint with a 0.2 BTC price and date TBD

• Base memecoin deployer Clanker set new ATH in deployments surrounding Grok token launches

• Defi Dungeons released GOLD tokenomics ahead of next week’s TGE