The Daily Modern Market Snapshot: Mon 11 Aug
Majors: BTC 121k; ETH 4.2k; SOL 182
Headlines
- BTC shoots back past $120k, up 3% on the day; ETH strong at $4.2K; HYPE outperforms other majors up 6% to $46
- Creator platform on Base ZORA +45% to $1.3B
- PUMP +9% to $3.4B after retaking lead in launchpad wars
Notable PA
- Layer Zero +25% to $2.4B after announcing $110M acquisition of Stargate Bridge
- PENGU back to $3B
- ENA +11% to $12B after Ethena goes past $10B in stablecoin supply
Notable Sales
- CryptoPunk, Clown Nose - 75 ETH
- Bored Ape, Trippy - 37.75 ETH
- BEEPLE, Rebirth - 8 ETH
Web 3 Round Up
- Trump's World Liberty Financial DeFi project seeks to raise an additional $1.5B for a publicly trades treasury company to hold WLFI tokens
- White House crypto council lead Bo Hines leaves role to return to public sector
- CEA Industries purchases $160M of BNB
- Blockchain developer claims to be prosecuted in Turkey for misuse of Ethereum
More News
- Harvard reveals $117M in Blackrock's BTC ETF
- Layer Zero announces intention to buy Stargate Bridge for $110M
- Infinex reveal Season 1 Yap run winners, with top spots earning $20-$30k each
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