🐶📰Weekend Update

BTC $59,989 (+3.3%) | ETH $2,417 (+2.7%) | SOL $137 (+2.6%)

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

• Over $100M in shorts got liquidated in the last 24 hours as crypto rallied

• Donald Trump announced the September 16th launch of his DEFI project World Liberty Financial

• Coinbase launched cbBTC on Base and Ethereum

• Kamala Harris flipped Donald Trump on PolyMarket after debate — Crypto went unmentioned

Bullish Bitcoin

• Udi Wertheimer announced “CATNIP”, a new Bitcoin token standard that will be introduced when OP_CAT is deployed

• Fractal’s Bitcoin main net launched using native code and enabling faster transactions

• Bitcoin ETFs snapped an outflow streak and recorded over $400M of net inflows on the week

• Bernstein analysts predicted $80k-$90k Bitcoin if Trump wins election

NFTs and Tokens

• Azuki purchased Anime.com to create “a flagship platform for anime fans around the world”

• An Ape CryptoPunk was acquired for 10 ETH through defunct fractionalization platform Niftex — Now has a bid for 605 ETH ($1.4M)

• Telegram game Hamster Kombat’s $HMSTR token was listed on the Binance Launchpool

• “Grapes” NFT founders sold their collection, token, and games to an anonymous investor

Odds and Ends

• FTX unstaked $24M worth of SOL leaving just under $1B remaining in their staking wallet

• Paypal and Venmo integrated ENS address support for crypto payments

• Prediction market Kalshi won legal battle against CFTC to offer Congressional predictions markets

• Machibigbrother launched MACHI token on “unruggable” token launchpad Baseline Markets