☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Spot BTC and ETH ETFs saw $291M in outflows Friday as Trump tariffs fueled higher core inflation, reversing recent ETF inflows.
🔸VanEck, Fidelity, Grayscale and others updated Solana ETF filings, signaling constructive engagement with SEC on altcoin ETFs.
🔸Tether scraps plans to freeze USDT on Omni, BCH SLP, Kusama, EOS and Algorand, keeping transfers active but ending issuance.
🌟Highlights
🔸El Salvador split $678M in BTC across 14 wallets to reduce quantum risk, moving its 6,274 Bitcoin from a single address into smaller ones.
🔸Eric Trump says there’s “no question” Bitcoin will hit $1M in coming years, highlighting demand from nations, Fortune 500s, and wealthy investors.
🔸Pumpfun has spent $62.6M on buybacks, absorbing 16.5B PUMP tokens as it fights sell pressure while facing a $5.5B lawsuit.
🔸PENGU, Pudgy Penguins’ token, dropped 20% in August despite Pudgy Party’s top-10 App Store debut and 50K+ downloads.
🔸Metaplanet’s stock plunged 54% since June, straining its Bitcoin fundraising model. Firm now turns to overseas offerings and preferred shares.
🔸California Gov. Gavin Newsom teases launching “Trump Corruption Coin” memecoin to mock Trump’s crypto ventures, redirecting funds to democracy efforts.
🔸Indian court sentences ex-BJP MLA and 11 police officers to life for 2018 plot extorting 750 BTC from Surat businessman.
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