Todays Top Stories

Editor: @GreenCandleJack

The Week in Review

This week in crypto was nothing short of historic, with Bitcoin’s meteoric rise, institutional adoption milestones, and the crypto ecosystem buzzing with innovation and controversy. Let’s dive into the highlights.

Bitcoin’s Unstoppable Momentum
Bitcoin’s bull run continued to dominate headlines, reaching a record-breaking $93,000 fueled by factors such as the recent U.S. inflation report, the Federal Reserve’s dovish signals, and Donald Trump’s pro-crypto administration. Over the course of the week, Bitcoin surged past key milestones, peaking with $1.56 billion in shorts liquidated in a single day and half a trillion in total ETF volume, with over $5B traded in a single day. Market optimism has been further amplified by speculation around potential deregulatory measures under Trump and long-term institutional adoption.

Spotlight on Ordinals and Digital Communities
The Ordinals ecosystem saw tremendous activity this week. Collections like Bitcoin Puppets and OMB claimed top spots in NFT trading volumes across chains, reflecting renewed interest in Bitcoin-native digital assets.

$WZRD announced a new 10,000 PFP collection, emphasising community-driven creativity and accessibility. Something we’re now also seeing from $DOG today. Murad Mahmudov’s commentary on Bitcoin-based meme coins highlighted the emergence of movement coins, creating communities driven by shared identity rather than just financial gains.

Institutional Shifts and New Entrants
Bhutan show the world how its done with its strategic accumulation of 12,500 BTC, now worth over $1B. Positioning itself as a leader among nation-states in Bitcoin adoption. Its sustainable mining operation, powered by hydroelectric energy, showcases how countries are leveraging unique resources to build sovereign Bitcoin reserves.

On the business front, Coinbase launched the Coin50 Index, offering a broader market perspective by tracking the top 50 cryptocurrencies, while Kraken introduced Rune perpetuals, which has clearly benefited the token which has seen a 40% since then.

Just today we’ve seen mutiple new big entities disclosing investements into bitcoin or bitcoin derivaties, here are just a few:

• $1.3 company TIAA with a small investment in bitcoin ETFs

• Nasdaq-listed Thumzup ($TZUP) to bolster its treasury with $1M in Bitcoin

• Goldman Sachs discloses $710M bitcoin ETF holdings in SEC filing

• Solidon planning to allocating 60% of their treasury assets into Bitcoin

Laters news is that the CFTC just cleared the way for spot Bitcoin ETF options to be listed and Pennsylvania Lawmakers are pushing for a State Strategic Bitcoin Reserve.

Notable Individuals and Ecosystem Buzz
The crypto sphere saw key figures making waves. Bonk Guy, a SOL legend, captured attention for his unwavering faith in meme coins like Bonk and now Runes, cementing his status as a “man in the know“.

Meanwhile, Peter Schiff’s foray into Bitcoin Ordinals with his “Golden Triumph” collection brought irony to his long-standing anti-Bitcoin stance, leaving many wondering whether the critic has secretly joined the movement.

Leonidas, founder of $DOG, stirred controversy with a sharp critique of Binance’s listing policies, calling for greater transparency and fairer treatment of community-driven projects. His open letter reflects the growing call for equity in token listings amid concerns over centralised exchange practices.

Innovation in Decentralised Trading
The decentralised trading scene saw significant advancements with Bitflow’s launch of an Automated Market Maker (AMM) for Runes trading on the Stacks network. By aggregating liquidity from multiple DEXs, Bitflow is simplifying Bitcoin-based token swaps while ensuring greater security and control for traders.

Closing Sentiments
This week underscored the multifaceted growth of the crypto ecosystem, from Bitcoin’s dominance as an asset class to the cultural, technological, and community-driven movements manifesting its future. As the market surges, the narrative remains clear: crypto is now beyond speculation, setting the stage for a transformative era of innovation and adoption. Hope all your bags are packed!

Daily Bites

Todays Markets

Friday Wrap-up by @CryptoLandy

Ordinals

For the weekend, we’re seeing mediocre volume paired with mediocre price action.

The two volume leaders, Nodemonkes and Puppets—led by Nodemonkes today—are both losing a bit of value. On the contrary, Runestone is making a strong upward move today, up 23%. This price action could be related to the massive moves by $DOG since its perpetuals listing on Kraken.

Quantum Cats remain balanced, as expected from a cat playing its favorite stablecoin game.

OMB lost another painful 9% today, continuing its slow and steady decline. On the other end of the spectrum, Pizza Ninjas marked their second green day in a row, moving past the 0.1 BTC milestone again.

Yuga Labs’ Twelvefold saw three sales today, climbing up 5%.

Unfortunately, the last two projects closed with red numbers—Based Angels and Bitcoin Wizards.

Runes

The mediocre day also impacted the Runes, with $DOG still drawing in a significant portion of liquidity, leaving many other Runes in the red.

In second place is The Bitcoin Cat, from an image posted by the official Bitcoin X account. This meme was initially “stolen” by the Sol Degens but was quickly reclaimed by the Bitcoin ecosystem. It remains not far removed from its mint price, depending on the price you minted at.

The other all-stars are all losing today. Pups, Cypher, and Gizmo have each lost a few percent in value.

One of the few winners is Takuni Wisdom, up another 62% today and continuing a strong run—though it’s uncertain how long this momentum will last.

Billy and RSIC are down today, while a newcomer, EMMY THE STIMMY, is up from its mint price and currently ranging.

Finally, closing the day in the green is another strong, relatively new coin and the only bear we all seem to like, Bitcoin Bro Bear.

Todays Opportunities

Minting This Week

No more mints this week. Check back after the weekend to find a fresh list of hyped mints the ExtraOrdinal community had the opportunity to win access to.

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!