A memecoin making app explodes overnight
Pons, an new app that lets anyone create and trade tokens on Robinhood’s new blockchain, generated nearly $6 million in fees in the past 24 hours – more than Robinhood Chain itself. Nearly 25,000 tokens launched on the app yesterday as daily trading volume hit $544 million. The token is now up more than 350% in the last week. Yes, it's all degens gambling money, but you can’t fight the zeitgeist. Read more →
Kraken parent Payward delays IPO again
Payward is now targeting the Q2 2027 at the earliest for its long-awaited IPO. While the Kraken parent confidentially filed an S1 with the SEC in November 2025, shortly after raising $800 million at a $20 billion valuation, difficult market conditions have put the listing on ice. Read more →
Bitcoin-gold correlation hits six-year high
Bitcoin moved more closely with gold during August’s bond selloff, pushing their 90-day correlation to its highest since 2020. BTC gained 22.4% in a week while gold rose about 5% – all while stocks fell. Although Glassnode points out that past breaks from equities during bond selloffs have proved short-lived, leaving the latest decoupling an open question. Read more →
120 Days Until the Next Critical Mineral Catalyst (From Tomorrow Investor)
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