🐶📰Weekend Update

BTC $66,259(-1.0%) | ETH $3.532 (+0.6%) | SOL $144 (-2.4%)

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!

Macro

• Gary Gensler stated that the ETH ETFs should be approved “sometime this summer” — Bloomberg analysts target July 2

• US monetary policy was mixed as CPI and PPI came in under estimates while the FOMC resulted in a hawkish forecast of just a single rate cut in 2024

• Joe Biden’s campaign began talks to accept crypto donations through Coinbase Commerce

• Microstrategy announced a private offering of $500M in convertible notes to purchase more Bitcoin

• Paradigm raised $850M for an early stage crypto investment fund

Blast

• YOLO Games launched a Liquidity Bootstrapping Pool on Monday and closed deposits early after a potential exploit was discovered — They opened a house liquidity pool on Tuesday that quickly hit its 1400 ETH cap — Finally, on Wednesday, they launched $YOLO token claims and received backlash on allocation amounts

• Telegram stickers platform Sofamon announced their expansion to Blast

• Blast released its fifth and final Gold distribution with Thruster and Fantasy both receiving over 1M gold.

• Blast Gold Jackpots:

  • 6/11 — Fantasy hit a 13% Jackpot for 355K gold

  • 6/13 — $PEW hit a 3% Jackpot for 79K Gold

Airdrops

• zkSync released details and tokenomics for their $ZK token — Despite pushback on eligibility requirements and allocation amounts, their airdrop will still occur on Monday — Check your claim here

• Photon announced "Stimmies Season 1" with an airdrop coming on Monday

• Layer Zero introduced the Layer Zero Foundation and teased June 20th for their token launch

Upcoming Mints

This Week:

• (6/20) Entangled by Bjorn Staal (ETH/TEZ)

• (TBD) Gamma Summer Pass (BTC)