| 👋 GMGN, Shib Army! | Friday's here, and crypto is strutting through the dog park with its tail high. Some pups are napping in the sun (looking at you, BTC dominance), while others are chasing sticks of opportunity (hello, altcoins). Markets are messy, fun, and just chaotic enough to make you check your portfolio twice before happy hour. | Today's sponsor |  |
| And while the big dogs bark and flex their muscles, the scrappy pups are sniffing around for scraps of opportunity. Retail cash is piled high like a suspiciously inviting pile of firewood, institutions are flexing like alpha wolves, and regulators are lurking like the occasional grumpy park ranger. Sit, stay, watch—the day's about to get interesting. | Before you chase your next crypto bone, let's sniff out what the markets are barking about today. | | Markets have barked their signals—time to pounce on today's wildest crypto moves! | | 🐋 Whale Moves, Crypto Waves | 🔥 Wells Fargo and Abu Dhabi aren't just playing fetch—they're hoarding the biggest bones in the Bitcoin yard. | Wells Fargo, the fourth-largest US bank, went full splash mode, boosting its BlackRock Bitcoin ETF (IBIT) holdings from $26M → $160M in Q2 2025 and spreading its paws across other Bitcoin and Ethereum ETFs. Abu Dhabi's sovereign wealth funds? Still chilling with $681M in IBIT shares, unchanged since May. Retail may yip and yap, but these are the big dogs shaping crypto's playground. | 🐾 SHIB Angle: When the heavyweight pups start throwing serious bone into Bitcoin ETFs, it validates the digital asset yard for everyone else. SHIB and the rest of the pack benefit from this confidence trickle-down, like getting top marks from the judges at the biggest dog show—suddenly everyone's tail is wagging.
🐶 Shib Take: These whales finally sniffed out where the tastiest treats are buried. Smart pups! | 🌊 Coinbase Sniffs Out a Full-Blown Altcoin Season | 🔥 Bitcoin's dominance slips, ETH whales splash, and the altpack is circling for the juiciest gains. | Coinbase analysts are wagging their tails, hinting at a potential full-scale altcoin season as we sprint into September. The altcoin market cap has already soared 50%+ since early July, hitting $1.4T. The official "Altcoin Season Index" may be playing coy, but the real driver is surging institutional interest in Ethereum (ETH)—big players like Bitmine Immersion Technologies snapping up massive stashes. Add a potential Fed rate cut in September, and over $7T in sidelined money market funds could flow into crypto like a pack of thirsty hounds racing to a water bowl. | 🐾SHIB Angle: When the tide rises, all boats float—including the most loyal breed in the crypto kennel. A full altcoin season means broader liquidity and enthusiasm, creating more chances for the entire SHIB ecosystem—SHIB, LEASH, and BONE—to follow the leading pack. Think of it as the entire dog park getting a fresh batch of squeaky toys: everyone gets to play.
🐶 SHIB Take: Time to stretch those legs, fellow Shibes! The big dogs are moving, and we're ready to run with the pack. | | 💰 TradFi Titans Sniffing Out Crypto Custody | 🔥Citigroup sniffs out crypto custody and payments, finally trying to hold the leash on stablecoins and ETFs. | Citigroup, the banking giant, is sniffing around the crypto yard, exploring custody and payment services for stablecoins and crypto ETFs. They're starting with the high-quality bones—US Treasuries backing stablecoins—thanks to recent congressional moves giving stablecoins the official paw of approval. Next up: digital assets supporting spot Bitcoin ETFs, a playground currently ruled by Coinbase, which holds custody for over 80% of the market. This marks a big shift as TradFi finally grabs its own leash in the crypto world, aiming to secure assets and speed up cross-border payments with stablecoins.
🐾 SHIB Angle: As big banks start fetching stablecoins and crypto ETFs, it's a tail-wagging validation for the whole digital-asset park. More institutional comfort and custody options mean easier access and smoother playtime for everyone—including SHIB, LEASH, and BONE. Think of it as opening the gates to a fancier dog park where all the toys are legit and no one's biting.
🐶 Shib Take: First they ignore you, then they laugh at you, now they're rolling over to play fetch with your coins. Woof | ⏳ Solana ETF: Still on the Leash | 🔥 Solana's leash is tight, SEC's sniffing, and traders are drooling for the bite. | The SEC has pushed Solana ETF decisions to October 16, using its maximum extension to carefully weigh regulatory, surveillance, and network stability questions. BlackRock is sitting this one out, while other issuers are waiting by the fire hydrant, watching the scene like curious pups. Traders may try to front-run the eventual ruling, stacking SOL tokens ahead of the final call. Even with infrastructure improving, the SEC wants to make sure Solana's leash isn't tangled before letting it roam free in ETFs. | 🐾SHIB Angle: Crypto's a sniff-then-sprint game. While SEC sniffs Solana, Shiba Inu stays ready—SHIB, LEASH, and BONE poised to pounce.
🐶 SHIB Take: Solana's leash is long, but the smell of opportunity is sweet. | | AltIndex AltIndex's AI Stock Alerts, Picks & Data | | Subscribe |
| 🪙 Senator Lummis Pushes for Gold-Backed Bitcoin Boost | 🔥Lummis wants to turn gold into Bitcoin juice—Uncle Sam's about to fetch more BTC without touching the debt leash. | Senator Cynthia Lummis, a vocal pro-Bitcoin advocate, is proposing a clever workaround to fund the US Strategic Bitcoin Reserve (SBR) without adding to the national debt. Her "BITCOIN Act" suggests revaluing America's gold reserves to current market prices, which could theoretically unlock hundreds of billions on paper. This surplus could then buy Bitcoin, bypassing the bottleneck of relying solely on legally forfeited BTC—only about 15% of which is currently available. A bold move that could make the US a "Bitcoin superpower" and mark a historic pivot in national finance. | 🐾SHIB Angle: Moves like this highlight Bitcoin as a foundational digital asset. While SHIB is decentralized and community-driven, a nation embracing crypto legitimacy can boost the perception of all digital assets, potentially opening doors for the Shib Army and other decentralized projects.
🐶 SHIB Take: Who knew gold could be so… flexible? Revalue that bling and let's fetch more Bitcoin, Uncle Sam! | ⚡ Nose to the ground, tails in the air — the crypto pack is sniffing out Friday's feasts. | Altcoins are darting like squirrels, meme coins are yapping at every shadow, and Bitcoin's tail flicks nervously at $60K — the real treats, though, are hidden for the sharpest snouts. Follow the scent now, or risk finding only bones when the weekend pack moves in. | Friday's prowling, plotting, and wagging at the same time. | Until Monday, keep your paws light, your ears perked, and leap when the market freezes mid-sniff. | -The Shib crew | Business news doesn't have to be boring | | Morning Brew makes business news way more enjoyable—and way easier to understand. The free newsletter breaks down the latest in business, tech, and finance with smart insights, bold takes, and a tone that actually makes you want to keep reading. | No jargon, no drawn-out analysis, no snooze-fests. Just the stuff you need to know, delivered with a little personality. | Over 4 million people start their day with Morning Brew, and once you try it, you'll see why. | Plus, it takes just 15 seconds to subscribe—so why not give it a shot? | Check it out |
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