Todays Top Stories

Editor: @PhoenixxDown

Leonidas Slams Binance in Latest Post

Leonidas, the founder of $DOG, recently took to X to criticize Binance’s listing policy, calling it a “pump-and-dump” mechanism. His concerns focus on Binance’s recent listings of low-cap tokens like $ACT and $PNUT, which he claims favor tokens that offer a percentage of their supply as a listing fee. Leonidas argues this setup benefits insider traders and harms community-driven projects.

In an open letter, he asked Binance to prioritize tokens like $DOG, which launched with a more equitable distribution. $DOG’s underlying asset, Runestone, was distributed via an airdrop funded by donations, so only secondary buyers faced expenses. In contrast, Leonidas claims that many tokens listed on Binance are controlled by a small number of insiders who profit from price surges, leaving regular investors vulnerable.

To combat these issues, Leonidas suggests that Binance should disclose the listing fee terms and provide transparency on any schedule for selling listed tokens. He argues that a shift to listing community-driven tokens with more decentralized distributions would bring balance and fairness to the crypto market.

On the flip side, has the crypto space ever really been “fair” for a while now? It’s no secret that it’s common practice for influencers to receive token supplies in exchange for promoting them—without disclosing the arrangement. Many influencers speaking out against this issue today have, themselves, been guilty of this practice in the past (not referring to Leonidas here, or anyone specifically for that matter.)

Nevertheless, Leo’s statements reflect a growing concern in the crypto space about transparency and fairness in token listings. Many hope that major exchanges like Binance will consider adjustments that better support the broader market over time.

Daily Alpha | Bitflow Launches AMM for Runes Trading

Bitflow has launched its Automated Market Maker (AMM) feature, delivering a decentralized trading experience on the Stacks network.

This AMM enables users to swap Bitcoin and other tokens, like SIP10s and Runes, without custodians, giving traders greater control and reducing security risks. Bitflow’s mission is to simplify trading by offering fast, secure transactions and easy access to deep liquidity, aggregating it from multiple DEXs like Alex, Arkadiko, and Velar for optimal swap rates.

The first wave of access is limited to those who sign up on Bitflow’s waitlist. If you’d like to be one of the first users, you can register your interest here.

Daily Alpha | The Curious Case of Peter Schiff

Peter Schiff, a longtime and vocal critic of Bitcoin, has recently made headlines by promoting his own Bitcoin Ordinals collection, called “Golden Triumph.” Known for advocating gold as a superior store of value while consistently ridiculing Bitcoin at every price point, Schiff surprised many by creating this limited-edition digital collection earlier this year.

In a recent post on X, Schiff declared, “There’s 21 million Bitcoin but only 50 Golden Triumph Ordinals. It’s clear which one is more valuable. You can’t argue with math.” This campaign arrives as Bitcoin reaches new price highs, adding a layer of irony that hasn’t gone unnoticed by observers.

Some speculate that Schiff secretly owns Bitcoin. Why? As a smart and savvy investor, many assume he’s dipped his toes into crypto. His posts often appear tongue-in-cheek, suggesting he might be playing up a persona that drives engagement. Even his son, Spencer Schiff, publicly advocates for Bitcoin—adding fuel to the speculation that Peter might secretly support it, too.

While Schiff claims his entry into Ordinals is purely artistic, his involvement in blockchain assets hints at a potentially evolving view on Bitcoin. Schiff’s Ordinals have seen some interest, though the last sale was eight months ago, with a current floor price of 0.1245 BTC.

Daily Bites

Todays Markets

Ordinals

Floor prices of the top 10 Ordinals collections have surged dramatically in the past 24 hours, with 6 out of the 10 posting double-digit gains!

Bitcoin Puppets have pulled ahead of their main rival, NodeMonkes, now sitting at a 0.182 floor. What’s driving the difference? Though it's still early days in this rivalry, much of Puppets' success may stem from their stronger memetic presence on social media—something NodeMonkes have struggled with. In the current meme-driven environment, Puppets seem positioned for a smoother ride, if one were to take a bet on it.

Bitcoin Wizards continue to enjoy a healthy pump based on speculation around the $WZRD migration, while Based Angels have solidified their status as a top-tier collection, gaining another 26%.

And at the bottom, we have our old friend RSIC, still boasting a dedicated community. As they say, never fade a cult.

Runes

Another stellar day for Runes enjoyers as blue-chip Runes keep climbing alongside Bitcoin’s steady run of new all-time highs!

Gizmo has been particularly outstanding, now sitting at a $40 million market cap, while Bitcoin’s other main “cat coin,” Billion Dollar Cat, reached a new ATH of its own and is holding it steady.

Props to Cypher Genesis for one of the most impressive comebacks in recent memory! Recently it was languishing around the $500k market cap mark after huge sell-offs, but Cypher has now surged close to $4 million and doesn’t show signs of slowing down.

Bitcoin Bro Bear has gained traction on social media with quality content, rising 40% since yesterday and securing its position as a mid-tier Rune with huge potential.

The only one down on the day was Magic Pup Star, which seems to be a WZRD community-led Rune but with the Pups smiley face on the star. Confusing messaging there! Is it here to stay? We’ll see in the coming weeks.

Todays Opportunities

Giveaways

Currently, there are no active raffles ongoing. However, more giveaways are expected soon, so join the Discord below and make sure you have notifications on so you don’t miss out when the next ones go live!