Gm Degens,

Today’s crypto news is serving spicy alpha with a side of WTF moments! 🌶️👀

We have first ever Bitcoin reserve finally passed 🎉, an omnichain bridge got hacked 🤦 & some new listing updates for you 😲 

But the big shocker? U.S. banks might soon become Ethereum validators?! 🤯🏦

Is TradFi finally working with the on-chain revolution? Let’s dive in! ⏬

Here's a quick rundown 👇

🇺🇸 Texas Senate passes SB 21, establishing the Texas Bitcoin Reserve ⚡

🏦 U.S. banks can now be Ethereum validators 👀

🐶 Kabosumama announces $COCORO memecoin 🚀

💀 Entangle’s omni-chain bridge exploited 🚨

📈 Kraken prepares for IPO in Q1 2026 🦑

🔥 Jupiter burns $3.5B – here’s why 💸

The Texas Senate passed SB 21, creating the Texas Bitcoin Reserve – the first-ever state-run crypto fund in U.S. history! 🇺🇸💰

Lt. Gov. Dan Patrick says Texas is taking the lead, backing Trump’s vision to make the U.S. a crypto superpower. Texas isn’t asking for permission – it’s making the rules.

The reserve will stack BTC and top cryptos (with a $500B+ market cap) and be guided by a new advisory committee.

This isn’t just policy, it’s a power move.

Is Texas about to become the Bitcoin capital of America, or will other states step up? 🏆🔥

Is this the moment for Ethereum?

This OCC Interpretive Letter 1183 reaffirms that U.S. banks can act as nodes in a distributed ledger network.

Yes. Banks = Nodes 🤯

This could reshape crypto adoption, allowing traditional banks to directly participate in staking, stablecoin payments, and blockchain-based financial services.

A huge step toward institutional crypto integration!

What next for ETH? Can we see ETF holders able to stake? Well it's all speculation for now.

Bullish on Ethereum, degens say this could be a sign to buy the dip 🤑

Atsuko’s family just got bigger! OTD is launching $COCORO on Base, aiming for fairness while protecting against extractive launches.

Tokenomics 👇

🔹 75% LP – Locked forever, with claimable fees split 50/50 between the DAO & Atsuko.

🔹 20% Community Airdrops – Reserved for DOG & Neiro holders.

🔹 5% DAO Reserve.

📍 Contract Address: 0x937a1cFAF0A3d9f5Dc4D0927F72ee5e3e5F82a00

Well, COCORO looks very cute though.

A new chapter for memecoins – will $COCORO be the next big thing? 🚀

Entangle has hit the emergency brakes on all $NGL token transfers to stop the exploiter from minting more tokens.

The team is actively investigating and plans to burn any excess minted tokens once the situation is under control.

Good news? The exploit hasn’t compromised Entangle’s infrastructure or core tech. They’re staying strong and will release a short report soon with more details.

For now – stay calm, stay informed. More updates are coming! 🔍💪

Crypto giant Kraken is reportedly gearing up for an IPO as soon as Q1 2026 – but the plan isn’t set in stone just yet. 

The exchange already explored raising $100M in a pre-IPO round back in 2024, signaling big ambitions.

With a pro-crypto U.S. administration and a crypto-friendly SEC, Kraken isn’t alone – Gemini, eToro, and others are also eyeing public listings. 

This could mark a new era where crypto firms go mainstream, unlocking fresh capital and bringing institutional money deeper into the space.

Jupiter’s $3.5B token burn – one of the biggest in crypto history. 🫨

But why? 😵‍💫

Jupiter just torched $3.5 billion worth of JUP tokens, slashing its total supply from 10B to 7B – a power move to boost scarcity and fight off inflation. 

With concerns over high FDV and emissions, this burn is all about strengthening tokenomics and making $JUP more valuable.

But that’s not all – starting Feb 2025, 50% of protocol fees has been going into buying back JUP and locking it for 3 years.

Less supply, more stability, and long-term growth vibes.

With the biggest airdrop in crypto history, JupNet, and now this, Jupiter isn’t just playing – it's shaping the future of Solana DeFi.

That’s a wrap, Degens! 🎬🚀

What a wild day in crypto!

From Texas stacking Bitcoin like it’s gold, to U.S. banks potentially validating Ethereum, to Kraken eyeing Wall Street – we’re witnessing history in the making.

Also… it looks like traditional finance and crypto are no longer on opposite sides of the battlefield – they’re slowly merging.

The question is, will this bring mass adoption or regulatory chokeholds? Only time will tell.

For now, stay sharp, stack wisely, and enjoy the ride. 🚀💰

See you tomorrow!

– Your degen for the day 🥷