The Morning Minute (7.8) ⏰Top News: -Crypto majors chop, ETH leads again; BTC at $108,900 -Trump admin to publish report on crypto policy by July 22 -Strategy announces new STRD $4.2B ATM to buy more BTC -Bit Digital swaps BTC Corp Treasury to ETH, stock pops 30% -Pump token details seemingly leaked on Gate, though site down -Jack Dorsey's new Bitchat messaging app already used for BTC txns 🌎 Macro Crypto and Memes -Crypto majors were mixed; BTC even at $108,900, ETH +1% at $2,580, XRP +1% at $2.29, SOL -1% at $151 -Vitalik Buterin proposed EIP-7983, which would cap the gas used by a single Ethereum transaction at 16.8 million, to prevent network clogging, improve security, and support Ethereum’s zero-knowledge scaling roadmap -The Trump administration is expected to publish a report on its crypto policy by July 22 according to reports -Nate Geraci shared that the SEC approval framework won’t be fully implemented until the fall, meaning the spot ETFs likely won’t be approved before then -$2.8B in venture capital was raised for crypto projects in June 2025, the 2nd highest month since early 2022 -Jack Dorsey released a new Bluetooth messaging app ‘Bitchat’ not reliant on internet or cell service and users have already sent messages and Bitcoin using the network In Corporate Treasuries -Strategy announced a $4.2B STRD at-the-market program to buy more Bitcoin -Metaplanet added another 2,205 BTC last week for $239M, now holding 15,555 acquired for $1.54B -Semler Scientific added another 187 BTC (now holding 4,636), Digital X raised $13.5M from Animoca to buy Bitcoin, and DDC Enterprise bought 230 BTC, expanding its corporate treasury to 368 -Bit Digital (BTBT) stock jumped 30% yesterday after swapping its Bitcoin corporate treasury to ETH and raising $172M to buy more (now holding 100,603 ETH) In Memes -Memecoin leaders were mostly red; DOGE even, Shiba +1%, PEPE even, TRUMP -1%, BONK -3%, SPX -2%, FARTCOIN -8% & PENGU even -Solana meme leaders broadly red on the back of the Pump Fun token sale news, most down 3-10% 💰 Token, Airdrop & Protocol Tracker -Pump Fun effectively announced its token presale via Gate, with 150B tokens up for grabs at $0.004 each ($4B valuation) -REKT introduced its litepaper, explaining what REKT is, the problem it’s solving, the concept of brand coins, an overview of the token and more -Kuru announced an $11.6M Series A led by Paradigm to help scale their team and bring their onchain orderbook to Monad -Kinetiq announced its will launch on HyperEVM mainnet on July 15 -Time dot fun announced a partnership with Glympse where its tokens would power Glympse unlocking new utility and prizes for users 🤖 AI x Crypto -Overall market cap fell 3% to $9.25B, leaders were red -FARTCOIN (-8%), VIRTUAL (-4%), ai16z (-3%), FAI (-1%) & AIXBT (-5%) -FATHA (+150%), Project89 (+25%) and DogeAI (+20%) led top movers 🚚 What is happening in NFTs? -ETH NFT leaders were mostly red; Punks even at 39 ETH, Pudgy -3% at 9.2, BAYC -4% at 10.4 ETH -ACK’s ‘Mister Shady’ sells for 39.3 ETH -Abstract NFTs were mixed, no notable movers -Gondi introduced optional royalties and broker fees on its NFT marketplace