Your Weekly Crypto Roundup

Welcome to the first edition of the Weekly Bone - we’ve got you covered with the Saturday edition of the Daily Bone featuring all of the top stories from the week.

Check out our daily newsletter each and every weekday to catch these stories as they break!

Crypto

BTC $62,750(-2,1%) | ETH $3,110 (-0.4%) | SOL $135 (-4.7%)

• The SEC served Consensys with a Wells Notice alleging that they are operating as an unlicensed broker through their Metamask wallet app

• Stripe announced it will start accepting stablecoin payments this summer with on-chain settlement and instant conversion to fiat

• Magic Eden launched marketplaces for both Runes and Base NFTs.

Bitcoin

• Bitcoin completed its halving block, with block 840,000 mined by “ViaBTC” generating $2.6M between fees and revenue

• Bitcoin fees paid by users eclipsed $78M in the first 24 hours post halving, a new all time high

• Taproot Wizards founder Udi formally introduced BIP-420 proposal for OP_CAT which would allow smart contracts, secure bridges, and on-chain trading on the Bitcoin network

Runes

• The Runes protocol launched with CyberKongz (#2), Runestone (#3), and RSIC (#8) all etching runes in the first 10

• DOG•GO•TO•THE•MOON was airdropped to Runestone holders and holds a $360M market cap

• Cyberkongz announced their "DECENTRALIZED" rune airdrop slated for Monday with 91% of the allocation going to Promethean holders, 4.5% going to Ordinals communities, and 4.5% going to launch partners

Big Sales

• Alien CryptoPunk #635 sold Thursday for 4k ETH ($12.4M), the fourth highest USD sale ever and the third Alien sold this year

• ViaBTC sold the Epic Sat they mined from the halving block for 33.3 BTC ($2.1M)

• The "Buy Bitcoin" sign held behind Janet Yellen during 2017 Congressional testimony sold at auction for 16BTC ($1M)

Alts and Memes

• Bloomberg mentioned BONK, WIF, telegram bots, and pump.fun in an article about hedge funds entering the memecoin market

• My Pet Hooligan’s $KARRAT token got listed on Coinbase and currently holds a $650M market cap

• London based finance app Revolut listed $BONK for trading