The Morning Minute (6.26) ⏰Top News: -Crypto majors chop, memes dip; BTC holds at $107,000 -Kalshi raises $185M at $2B valuation, besting Polymarket -Republic to offer tokenized access to SpaceX on Solana -Privacy startup Zama raises $57M at $1B valuation, 3rd crypto unicorn this week -CBOE files for PENGU + Pudgy Penguin NFT ETF 🌎 Macro Crypto and Memes -Crypto majors chopped on the day; BTC even at $107,200, ETH +1% at $2,450, XRP -1% at $2.17, SOL -2% at $144 -Top movers were DEXE (+6%) and BCH (+3%) -CRCL stock fell another 10% on Wednesday, now below $200 per share -The Bitcoin ETFs saw over $1B in inflows in the past 2 sessions, totalling nearly $4B over the last 12 -The US Director of Federal Housing ordered Fannie Mae and Freddie Mac to consider crypto holdings as collateral for mortgage loans -SEC Commissioner Hester Peirce admitted that "the agency really mishandled Bitcoin exchange traded products." -Kalshi raised $185M at a whopping $2B valuation in their latest round, according to the WSJ -Republic is selling SpaceX tokens on Solana mirroring their exposure to the company on the private market In Corporate Treasuries -GameStop raised another $450M to potentially buy more BTC In Memes -Memecoin leaders were red; DOGE -2%, Shiba -2%, PEPE -6%, TRUMP -2%, BONK -4%, SPX -8% & FARTCOIN -10% -CHILLHOUSE briefly soared 50% to a new ATH of $25M and flipped Housecoin in the wake of the Crypto mortgage news (above) 💰 Token, Airdrop & Protocol Tracker -World Liberty Fi teased that its WLFI token will be made transferable soon -The Mocaverse NFT project announced the Moca Chain, powered by its Moca token, and aiming to be the world’s largest identity network -Moonberg jumped to 5th in Kaito mindshare after announcing a surprise airdrop for creators ahead of their TGE for their comprehensive AI + data framework -Astroverse introduced their $1M Builder Accelerator on Abstract, where they will be running Shark Tank-like pitch contests and providing access to capital, advisory, creators, marketing and more -Zama raised $57M at a $1B valuation to bring privacy and encrypted smart contracts to public blockchains 🤖 AI x Crypto -Overall market cap fell 4% to $8.6B, leaders were red -FARTCOIN (-10%), VIRTUAL (-6%), ai16z (-8%), FAI (-1%) & AIXBT (-4%) -Nuit (+50%), ACOLYT (+28%) and Clanker (+20%) led top movers 🚚 What is happening in NFTs? -ETH NFT leaders mostly chopped; Punks even at 39 ETH, Pudgy +1% at 9.4, BAYC -1% at 11.15 ETH -Mocaverse (+12%) led top movers after their new chain announcement -Abstract NFTs were mixed on the day, no notable movers -The CBOE filed for a PENGU and Pudgy Penguin NFT ETF, the first of its kind -Veefriends announced a collab with Steph Curry for its Manga Stickers
Dig into the tokenized SpaceX news, how it works and why it matters + catch up on all the day's headlines
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