🐶📰Weekend Update

BTC $68,200 (+0.5%) | ETH $2,640 (+0.5%) | SOL $155 (+0.5%)

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

• Worldcoin rebranded to “World” and launched their World Chain Ethereum Layer 2 main net.

• Bitcoin ETFs record over $2.1B of net inflows on the week, the most since March

• Tesla moved over $760M worth of Bitcoin to unknown wallets

• Italy is raising the capital gains tax on Bitcoin from 26% to 42%

Politics

• World Liberty Financial launched and reduced their token sale supply from 63% to 35% after selling just $12M of $300M goal

• Kamala Harris announced that she would support “a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.”

• Trump’s odds to win the Presidency extended to 14%

• Elizabeth Warren softened her crypto stance during a debate with Senate competitor John Deaton

Infrastructure

• Moonpay partnered with Venmo to allow users to purchase crypto with their Venmo balance

• Robinhood added trading support for Bitcoin futures

• Grayscale released a list of 35 altcoins under consideration for future investment products

• Larry Fink categorized Bitcoin as a “distinct asset class” during Blackrock’s Q3 earnings report

Tokens, NFTS, and Gaming

• Ape Fest 2024 kicked off in Lisbon with Ape holders not attending able to purchase merch from Yuga’s global store

• Avalanche’s Web3 game “Off the Grid” took the top spot on the Epic game store and became a top 3 game streamed on Twitch

• Hyperliquid DEX launched the Hyper Foundation and announced their native HYPE token

• The GOAT token spawned by the Marc Andreessen-backed “Truth Terminal” AI chat bot bot hit a $450M market cap