# We're So ₿ack! 📈

> GM Fam! We're back again.. The Web3 Watch is back again!

**Published by:** [The Web3 Watch by Central DAO](https://paragraph.com/@centraldao/)
**Published on:** 2025-07-11
**URL:** https://paragraph.com/@centraldao/were-so-bitcoinack-%F0%9F%93%88

## Content

📣 TL;DR for the Degens Who Skim:📈 BTC hits $118K, liquidates $1B in shorts Robinhood staking goes live (ETH & SOL)🔐 Dorsey’s Bitchat goes live, no internet needed💸 Pump.fun’s $1B raise & airdrop rumors = memecoin chaos Strategy adds 1,054 more BTC = 582K stack now Institutions keep buying while retail watches from afar📊 BTC Blows Past $117K, ETH Climbs to $3K, USD CrashesBitcoin hit a whopping $117,000, with Ethereum sliding back into the $3K club — all while the U.S. Dollar had its worst first half since 1973 📉. The trigger? Debt ceiling drama + fiscal chaos in DC. Oh, and Elon’s out of DOGE 👋 and starting the “America Party” — pro-Bitcoin, ofc 🇺🇸 Crypto’s back in the driver’s seat as institutions hedge, and BTC leads the charge in global price discovery. Real-world is shaky. Onchain is thriving.📉 $1 Billion in Shorts Liquidated as BTC Hits $118KRekt alert: Over $1B in short positions wiped clean as BTC rocketed past $118K. Big-name traders like James Wynn and @qwatio got mega rekt, and futures volume hit $59B. BTC dominance is now over 62%, and ETH is trailing behind. Despite the bloodbath, we’re not at peak greed — meaning... we might just be getting started 🚀📡 Bitchat Goes Live, BTC Smashes Shorts, and Robinhood Joins the Staking PartyJack Dorsey’s back with Bitchat, a peer-to-peer messaging app that doesn’t need the internet. Yup — Bluetooth mesh, E2E encrypted, pure cypherpunk vibes 🔐📶 While BTC is still moonwalking past all resistance levels, Robinhood launched ETH & SOL staking in the US, and memecoin central, Pump.fun, announced a $1B token sale 😳 Also, Michael Saylor's Strategy added another 1,054 BTC because... why not. The market? Still vibing. Still volatile. Still beautifully bullish. 🔥📈 Robinhood Now Offering ETH & SOL Staking in the USYou heard that right. Robinhood is now a staking hub US users can now stake Ethereum and Solana starting at just $1, with returns ranging from 50%-100% of protocol rewards. Regulatory clarity = green light for Robinhood. Heads up though: Not available in CA, NY, NJ, MD, and WI 🚫 Also, word on the chain is that Robinhood is building its own blockchain on Arbitrum — 24/7 trading, self-custody, and on-chain dividends. Let’s gooo 🔗🚀💸 Pump.fun Eyes $1B Raise, Airdrop Season Brewing 🌊Pump.fun is raising $1B for its native $PUMP token — and the memecoin market is sweating 💦 With a projected $4B FDV, traders fear this could suck liquidity from smaller Solana projects. But here’s the alpha: 10% of $PUMP is earmarked for an airdrop — that’s potentially $400M up for grabs 🎁 Early users, especially those on PumpSwap, might wanna start checking their wallets 👀 Airdrop meta ain’t dead. It’s evolving. Michael Saylor’s Strategy Buys Another 1,054 BTCMichael Saylor's firm Strategy just copped 1,054 more BTC, bringing their stack to 582,000 BTC That’s over $40B in Bitcoin at an average price of $70K — and they did it without issuing new MSTR shares. They’re playing chess while others play memecoins And get this — only 123.5K BTC left on OTC desks. Supply is drying up. Accumulation season is still ON 📉🤣 MEME OF THE WEEK 🤣VERY 🔜Alright, that’s a wrap for this week edition of The Web3 Watch! 🚀 See you all next week!Join Central DAO

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