The Daily Modern Market Snapshot: Wed 25 June
Majors: BTC 106k; ETH 2.4k; SOL 147
Headlines
-CRCL retraces 15% to $222: down from highs yesterday of around $300
- Sharplink Gaming purchases another 12.2K ETH for around $30M, taking total ETH holdings to 188K ETH
- Ledger announces NBA sports jersey sponsorship of San Antonio Spurs
Notable PA
- NEWT airdropped with KAITO support and trades as high as $700M FDV before retrace to around $450M FDV
- DOG on BTC +10% to $380M FDV
- SEI +8% on the day, +77% on the week to $3B FDV
Notable Sales
- XCOPY, Siphon - 30 ETH
- CryptoPunk, Nerd Glasses - 42 ETH
- Tyler Hobbes, Fidenza - 26 ETH
Web 3 Round Up
- Polymarket reportedly raising $200M at valuation over $1B
- Fed Chair Powell gives banks the go ahead to conduct crypto activities: "banks are free to conduct crypto activities"
- Metaplanet raises $510M to buy more BTC
- Robinhood CEO Vlad Tenev on CNBC explains crypto will replace traditional finance
- Trump's Truth Social files for BTC and ETH ETF with NYSE
More News
- NFT lending platform Gondi announces new version: full stack liquidity solution for NFTs where you can collect, sell, borrow and lend
- Certain creators airdropped up to $15,000 by Magic Newton via KAITO
- Coinbase reveals its key role in helping US Secret Service seize $225M in stolen crypto
- Cerebro portfolio management company announces integration with Ethos as part of its GTM to surface high signal quality users
- Infinex announces multiple passkeys, permitting other devices access to your Infinex account
Social Crypto
- Kaito Yaps for NEAR protocol are live
- Orderly announces revenue share from perp trading for Orderly Yappers
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