👋 Welcome Back to Macro Point Daily, The smartest crypto take of the day — macro trends, market moves, daily charts, and a side of memes.

Every day we provide the 5 stories which matter most in crypto, and one just for the degens.

In Today’s Edition

• 🧱 Pump.fun eyes $1B raise at $4B valuation

• 📈 XRP jumps 10% on ETF buzz

• 🏦 Rails launches U.S. perps exchange with $14M backing

• 🐻 Berachain’s “Bectra” upgrade brings smart accounts

• 💸 Semler Scientific adds $20M in Bitcoin

• 🐸 SPX6900 leads meme coin gains

Let’s dive in.👇

Today’s Edition

📌 Pump.fun Plans $1B Token Sale at $4B Valuation

Solana’s memecoin launchpad Pump.fun is reportedly preparing a $1 billion token sale, targeting a $4 billion valuation.

The platform, known for enabling rapid memecoin launches, has generated over $700 million in revenue. The upcoming token, expected to launch within weeks, will include allocations for both public and private investors. An airdrop for users is also confirmed. This move could significantly impact the memecoin market and Solana's ecosystem.s.

• 💰 $1B token sale planned, aiming for a $4B valuation

• 🚀 Over $700M revenue generated by Pump.fun to date

• 🎁 Airdrop confirmed for existing users

Learn More Here

📉 U.S. Dollar Faces Decline Amid Fiscal and Trade Risks

Analysts predict further weakening of the U.S. dollar due to fiscal challenges and trade tensions.

A Reuters poll indicates that the dollar is expected to decline further, influenced by U.S. fiscal issues, growth concerns, and trade risks. This could have implications for global markets and crypto valuations.

• 📉 Dollar expected to decline amid fiscal and trade concerns

• 🌐 Global markets may experience increased volatility

• 🪙 Crypto markets could see shifts in valuation dynamics

Learn More Here →

📊 Bitcoin Holds Steady Amid ETF Inflows

Bitcoin remains stable around $105,000, supported by significant ETF inflows.

Bitcoin is trading at approximately $105,461, with ETF inflows totaling $375.1 million. This stability suggests sustained institutional interest and market confidence.

• 🔒 Bitcoin stable at ~$105K with strong ETF support

• 📈 $375.1M ETF inflows indicate institutional confidence

• 🧘 Market sentiment remains cautiously optimistic

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📈 Rails Launches U.S. Perps Exchange with $14M Funding

Rails, a new crypto derivatives exchange, launches in the U.S. with $14 million in funding.

Backed by investors including Kraken and Slow Ventures, Rails aims to offer a user-friendly platform for perpetual futures trading. The exchange seeks to fill the gap left by FTX's collapse, focusing on compliance and user experience.

• 🏛️ $14M funding secured from notable investors

• 🔄 Perpetual futures trading platform launched in the U.S.

• 🧩 Focus on compliance and user-centric design

Read More Here →

🛠 Berachain Introduces “Bectra” Upgrade for Smart Accounts

Berachain's "Bectra" upgrade enables all wallets to function as smart accounts.

The upgrade simplifies user interactions by allowing wallets to operate like smart accounts, enhancing functionality and user experience. This move aligns Berachain with Ethereum's Pectra upgrade, promoting interoperability and innovation.

• 🧠 Smart account functionality now available for all wallets

• 🔗 Enhanced interoperability with Ethereum's ecosystem

• 🚀 Improved user experience through streamlined interactions

Full Story Here →

Degen Domain

🐸 SPX6900 Leads Meme Coin Gains

SPX6900 surges nearly 8%, becoming the top gainer among meme coins.

• 📈 SPX6900 up 8%, trading near $1.1850

• 🔄 Reclaimed key resistance, indicating bullish momentum

• 🐸 Meme coin sector remains active and volatile

Full Story Here →