Doodles NFT Floor Price Drops Below 1 ETH After Previous McDonald's Partnership Surge
Doodles NFT Floor Price Drops Below 1 ETH After Previous McDonald's Partnership Surge
馃崝 Doodles' McFloor Price Drama
The floor price for Doodles NFTs has fallen below 1 ETH, marking a significant decline from its previous performance. This drop comes months after a notable 100% surge in December 2024, which was driven by a high-profile McDonald's partnership.
The project had shown strong momentum under CEO Julian Holguin's leadership, with the McDonald's collaboration being a key milestone. The partnership had initially catalyzed substantial market interest and value appreciation.
- Previous floor price doubled after McDonald's partnership
- Current price represents significant market correction
- Project maintains notable corporate partnerships despite price decline
NEW: @doodles floor price has fallen below 1 ETH 馃
Tom Lee Joins BitMine Board, Company Plans $250M ETH Purchase
Investment strategist Tom Lee has joined the board of BitMine, marking a significant move in institutional Ethereum adoption. The company has announced a $250 million private placement with plans to make ETH its primary treasury reserve asset. This follows BitMine's previous $450 million capital raise in June 2025, also dedicated to ETH treasury purchases. Key Points: - Tom Lee, known for market analysis at Fundstrat, joins BitMine board - Company secures $250M for ETH purchases - Strategy focuses on ETH as main treasury asset - Builds on earlier $450M raise
Trump Discusses Crypto Industry and Personal Investment Stance
In a recent interview, Trump addressed questions about his crypto investments potentially blocking bipartisan support for crypto legislation. He emphasized crypto's importance as an industry rather than personal investments, noting: - Bitcoin's relative stability during recent market downturns - Crypto's role in job creation - Its potential to reduce pressure on the USD - The importance of US leadership in preventing Chinese dominance Trump acknowledged his family's investments but stressed his focus is on industry development rather than personal ventures. He revealed getting involved with Bitcoin before deciding to run for a second term.
Do Kwon Legal Team Requests Two-Week Delay for Pretrial Motions
Do Kwon's defense team has formally requested an extension for filing pretrial motions, seeking to move beyond the July 1 deadline. This follows a previous postponement of the June conference meeting, which was rescheduled to June 25. Despite these procedural delays, the main trial remains scheduled for February 17, 2026. For ongoing updates on this case, follow our coverage at [Coinage Newsletter](https://coinage.substack.com/)
Coinage Introduces Tokenized Creator Offering with Revenue Sharing Model
Coinage has launched a new revenue sharing model through their Tokenized Creator Offering, marking a shift from traditional token buybacks and burns. The platform now offers: - Direct ownership stakes for participants - Patronage dividend system - NFT value appreciation of 100% This follows the broader trend of tokenization in crypto, as demonstrated by recent developments like Courtyard.io's physical collectibles tokenization project with Polygon Labs, which enabled: - Fractional ownership - Instant liquidity - Enhanced transparency - DeFi integrations
Do Kwon Case: Judge Questions Impact of Pending Crypto Legislation
A federal judge overseeing Do Kwon's case raised a critical question about how pending legislation could affect the prosecution's securities fraud charges. The question centers on two proposed bills: - The GENIUS Act - The Clarity Act Both bills, if passed by Congress, would classify stablecoins and crypto tokens as non-securities. This classification could potentially impact the government's legal strategy in the Do Kwon case. *Background*: Do Kwon previously pleaded not guilty to US fraud charges in Manhattan, amid increasing regulatory scrutiny of cryptocurrency leaders.