The Morning Minute (6.25)
â°Top News:
-Crypto majors rally another 1-2%; BTC at $107,000
-Polymarket hits $1B+ valuation in latest raise
-Robinhood CEO says crypto will replace tradfi
-Chainlink & Mastercard team up for onchain purchases
-Gondi launches new all-in-one NFT marketplace with listing, selling & lending
đ Macro Crypto and Memes
-Crypto majors are green and continue to grind up; BTC +2% at $107,200, ETH +1% at $2,430, XRP +1% at $2.19, SOL +1% at $146
-Top movers were SYRUP (+19%), Pi (+16%) and Aptos (+12%)
-CRCL stock fell 15% to $222 per share on Tuesday, its first major red day
-The BTC and ETH ETFs have seen huge inflows this week, with $939M in inflows into BTC and $172M into ETH in just 2 sessions
-Robinhood CEO Vlad Tenev went on CNBC and said that crypto will replace traditional finance, pointing to the underlying technology and its advantages
-Mastercard announced a partnership with Chainlink to enable onchain crypto purchases for its 3B cardholders (LINK +13%)
-Coinbase assisted the U.S. Secret Service in seizing $225M in stolen crypto from pig butchering scams, with funds now being returned to victims
-Senate Republicans outlined high-level guiding principles set to inform comprehensive federal crypto legislation, with focus on providing legal clarity, consumer protection, and encouraging innovation
-Ohio lawmakers proposed bills to create a state Bitcoin reserve and exempt crypto holders from state taxes
-Ledger announced a new sponsorship of the San Antonio Spurs
In Corporate Treasuries
-Anthony Pomplianoâs ProCap purchased 3,724 BTC for ~$387 million at an average price of $103,785, spending over half of their raised funds in the first day of operations
-SharpLink Gaming added $30.7M worth of ETH to its treasury, now holding $470M (188k ETH)
-Green Minerals, a publicly listed Norwegian firm, announced plans to invest $1.2B into a Bitcoin treasury, seeking to become a top European BTC holder
-Chinese company Build & Build Corp saw its stock soar after revealing a plan to purchase $1B of BNB to build a BNB treasury
In Memes
-Memecoin leaders were mixed; DOGE +1%, Shiba -1%, PEPE +1%, TRUMP -2%, BONK -1%, SPX +7% & FARTCOIN +4%
-Solami (+13,000%), Acid (+11,000%) and Stupidcoin (+230%) were top movers on Solana; TROLL (+28%), KITTY (+28%) and CHILLHOUSE (+18%) also moving
đ° Token, Airdrop & Protocol Tracker
-Newton conducted its Kaito airdrop and TGE event, with NEWT opening up over $500M FDV
-Canton Network raised $135M from a strategic round to accelerate DeFi adoption
-Aptos Labs and Jump Crypto launched Shelby, a decentralized hot storage network built for real-time Web3 apps like streaming, AI, social, and DePIN
-Infinex announced a new feature allowing multiple passkeys, where users can add up to 3 passkeys to their account for backup in case one is lost
đ€ AI x Crypto
-Overall market cap rebounded 2% to $8.9B, leaders mixed
-FARTCOIN (+4%), VIRTUAL (-6%), ai16z (-6%), FAI (+1%) & AIXBT (-6%)
-Clanker (+14%) and BNKR (+14%) led top movers
đ What is happening in NFTs?
-ETH NFT leaders mostly chopped; Punks -1% at 39 ETH, Pudgy +2% at 9.3, BAYC even at 11.25 ETH
-Deafbeef (+25%) and Bad Bunnz (+11%) led top movers
-Abstract NFTs were very green led by Dreamilios (+25%) and OCH Genesis (+22%)
-Gondi launched a new one-stop-shop NFT marketplace, connecting the collecting, trading and lending aspects of NFTs all in one place




Dig into the Polymarket unicorn valuation + how they got there, then catch up on all the news
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