Solana-based memecoin Bonk is now trading on Switzerland’s SIX Swiss Exchange after Bitcoin Capital AG launched a regulated exchange-traded product tied to the token. The listing puts the memecoin on one of Europe’s main stock markets. Investors can buy exposure to Bonk through standard brokerage accounts. There is no need to set up a wallet or hold the token directly. Bonk is a dog-themed token built on Solana. It launched on Christmas Day in 2022 through a community distribution. The project often call ...

Core Insights - The crypto market has faced significant challenges in Q3 2025, with Bitcoin's price dropping from an all-time high of over $123,000 to around $90,000 [1] Industry Developments - Several companies in the crypto industry are shutting down or filing for bankruptcy, including DappRadar, which ceased operations due to financial unsustainability [2] - Rental Coins, a Brazilian crypto firm, has filed for Chapter 15 bankruptcy in the U.S. to recover its assets [2] - Bitfarms Ltd. announced plans to abandon Bitcoin mining operations in favor of AI by 2027 [3] Security Incidents - A leading crypto trading exchange has suffered a significant hack, resulting in millions of dollars lost [3] - Upbit, South Korea's largest crypto exchange, reported a loss of approximately $36.8 million due to a breach involving irregular withdrawals of Solana network assets [4] - Upbit has initiated an emergency security review and halted some services following the incident [4] Company Responses - Upbit's CEO stated that the exchange will fully compensate affected members with its own assets [5] - The exchange has moved remaining funds into cold storage to prevent further suspicious withdrawals and is working to freeze on-chain assets [5] - Naver Financial announced plans to acquire Upbit's parent company, Dunamu, in an all-stock deal valued at $10.29 billion [6]

Group 1 - The cryptocurrency market is becoming increasingly challenging for finding significant investment opportunities, with Bitcoin only up 10% this year, raising concerns about its future potential to create new millionaires [1][8] - Despite the struggles of established cryptocurrencies, there are still high-risk opportunities in new cryptocurrencies that lack a proven track record, which could potentially yield high returns [2] Group 2 - AI coins were expected to benefit from the growth in the artificial intelligence sector, but they have performed poorly in 2025, with notable declines such as Artificial Superintelligence Alliance down 77%, Render down 68%, and Bittensor down 22% [3][4] - Meme coins have historically shown potential for high returns, but recent performance has been disappointing, with Dogecoin down 45%, Shiba Inu down 55%, and Bonk down 60% this year [5][7] - The concept of a Memecoin Supercycle suggests that some meme coins could outperform other cryptocurrencies in the long term, potentially creating a new asset class, especially with the anticipated launch of new spot crypto ETFs [6]

Core Insights - A pseudonymous crypto trader, Unipcs, experienced a significant loss of $15 million due to a liquidation event, which he described as the most "brutal" in crypto history [1] - The market saw Bitcoin and Ethereum drop approximately 13%, while altcoins and meme coins experienced a drastic decline of 70% to 99% within minutes [2] - The crash was primarily limited to centralized exchanges, indicating issues related to liquidity and market-making rather than a systemic market failure [3] Market Dynamics - Exchange systems failed during the liquidation, with stop-loss orders not triggering and margin additions being impossible, leading to an unprecedented speed and severity of the market crash [3] - Despite the losses, Unipcs remains optimistic about the market's potential for a rally in Q4, suggesting that recovery is possible and that the market still holds significant profit opportunities [4] Investment Strategies - Unipcs plans to revise his trading frameworks by reducing leverage, enhancing risk protocols, and protecting positions against failures from exchanges [3] - The broader investment landscape emphasizes the importance of diversification across various asset classes to manage risk and achieve steady returns, as highlighted by the mention of platforms that provide access to real estate and other investment opportunities [4][5]

Group 1 - Bitcoin dominance is currently at 57.79% and is expected to decrease further, despite experts predicting a rise in Bitcoin prices to new highs this year [1][6] - Following a recent Federal Open Markets Committee meeting, Bitcoin's price increased by 1% and reached a peak just below $118,000, marking its highest price in over a month [2][3] - Analysts forecast Bitcoin prices could reach between $140,000 and $145,000 by year-end, driven by rate cuts and a shift of funds into Bitcoin as a safe haven amid expectations of USD devaluation [3] Group 2 - Short-term trends indicate a rotation of traders into altcoins, particularly ahead of anticipated SEC approvals for various crypto ETFs, which may temporarily affect Bitcoin dominance [4] - Notable altcoins like XRP and BNB have seen significant price increases, with XRP rising 3% to $3.12 and BNB climbing about 5% to $996, setting a new all-time high above $1,000 [4] - Solana has experienced a substantial increase of almost 6% in the past day, reaching $248, and has risen 35% over the last month, largely due to corporate treasury purchases [5] Group 3 - Users on the Myriad prediction market are bearish on Bitcoin dominance, with 53% believing it will drop to 53% before potentially recovering to 63% [6] - The last time Bitcoin dominance was at 63% was in mid-July, coinciding with Bitcoin's previous all-time high above $112,000 [6]

Group 1 - The REX-Osprey's DOJE ETF is set to begin trading on September 12, marking a significant milestone for cryptocurrency investors in the U.S. as it will be the first clear XRP fund under the Investment Company Act of 1940 [1][2] - The ETF has achieved "post-effective" status after a 75-day review by the SEC, indicating no issues were found [2] - The launch of this ETF is closely monitored by investors, who are interested in its implications for XRP's price, future ETF filings, and the overall movement towards regulated digital asset exposure [3] Group 2 - The ETF will be traded on a regulated U.S. stock exchange, providing a different investment structure compared to directly purchasing XRP or Dogecoin on exchanges [4][7] - Investors can buy the ETF through various brokerage accounts, such as Robinhood, E*TRADE, or TD Ameritrade, without needing a crypto wallet or exchange account [4][7] - The ETF will have its own ticker symbol, with "DOJE" designated for the REX-Osprey, allowing investors to easily track and trade the fund [8]

Core Insights - A prominent millionaire meme coin trader believes that the recent bounce in meme coins is just the beginning, with an "explosive parabolic move" expected soon [1][4] - The trader, Unipcs, has a current position in Fartcoin (CRYPTO: FARTCOIN) with a profit and loss (PnL) of approximately $4.3 million, down from a peak of over $8 million [2][3] - Unipcs plans to hold his positions until they surpass $10 million in value, focusing on undervalued assets and maintaining conviction in his strategy [3][5] Profit and Loss Analysis - In June, Unipcs reported an unrealized profit of $4.5 million, which has slightly decreased to around $4.3 million today [2] - The PnL has remained around the $4 million mark for the past few months, not accounting for nearly $933,000 already paid in funding [3] Market Outlook - Unipcs anticipates a parabolic rally in meme coins, particularly those within the Solana (CRYPTO: SOL) ecosystem [3] - He emphasizes a long-term investment strategy, contrasting with short-term or volatility-driven trading approaches [5] Investment Focus - Unipcs's conviction picks include Fartcoin, Useless, and Bonk (CRYPTO: BONK), while he notably excludes Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) from his list [6]

Core Insights - SOL reached $219, with Forward Industries raising $1.65 billion, indicating a significant liquidity influx for Solana and its ecosystem [1][4] - Bitcoin increased by 3% to $113K, influenced by weak U.S. jobs data, which also positively impacted Solana's performance [2] - Solana's ecosystem market cap grew by 4% to $283 billion, with trading volume at $26 billion [3] Market Developments - Forward Industries completed a record treasury deal, raising $1.65 billion in cash and stablecoins, supported by major firms like Galaxy Digital and Jump Crypto, leading to a 128% surge in its share price [4] - Solana's performance improved with SOL rising 8% to $219, aided by Gemini's launch of Solana staking and USDC perpetuals in Europe [6] - SOL Strategies became the first Solana treasury approved for Nasdaq listing, trading under the ticker STKE, while Galaxy Digital tokenized its SEC-registered shares on Solana [7] DeFi Insights - Solana's total value locked (TVL) in DeFi increased by 6% to $12.2 billion, previously reaching an all-time high of $14.4 billion [10] - Weekly DEX volume for Solana decreased by 14%, while the 30-day cumulative volume reached $124 billion [11]

🔥 #Solana meme coins like Wall Street Pepe, Snorter Bot, and Bonk are grabbing all the attention — the hype is real!Which one do you think will skyrocket next? 👀 ...

Group 1 - Bitcoin has dropped below $110,000, currently around $108,000, raising concerns about a potential fall below $100,000 [2][4] - The recent PCE data release did not alleviate market pessimism, with a significant number of liquidations occurring, totaling $462 million, including $344 million in long positions [1] - The Fear and Greed Index has fallen to 40, indicating a state of fear in the market, despite Bitcoin holding above $100,000 and Ethereum above $4,000 [1] Group 2 - Ethereum's recent performance has weakened, with current resistance around $4,300, and the focus is on whether it can regain and stabilize above this level [4][6] - The macroeconomic outlook suggests a likely interest rate cut in September, supported by slowing economic indicators such as employment and consumer spending [6] - The Federal Reserve's approach indicates a willingness to cut rates even if inflation does not drop below 2%, as long as inflation growth stabilizes [6] Group 3 - The recent positive news for Bonk has led to a rise in several lesser-known cryptocurrencies, indicating competitive dynamics within the market [7] - The Pump project has seen a significant buyback of transaction fees, suggesting potential for future price increases, although current market conditions are challenging [7] - The ongoing discussions about which blockchain to watch, including Binance Chain, Solana, X Chain, and Ethereum, reflect the competitive landscape in the cryptocurrency sector [8]