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Boop.Fun leading the way with a new launchpad on Solana.
The Daily Modern Market Snapshot: Tue 1 July
Majors: BTC 106k; ETH 2.4k; SOL 149
Headlines
- S&P closes over 6200 for first time ever, while Trump calls for Powell replacement + rates at 1%
- Robinhood announces tokenised stocks, an Arbitrum chain, perp trading and staking; xStocks announces tokenised stocks are now trading live on Solana
- BMNR stock up 700% on news Tom Lee has become chairman of the board to create a Microstrategy of ETH with $250M
Notable PA
- Hashflow +94% to $139M FDV
- SPX -10% to $1.17
- Arbitrum -11% after Robinhood news yesterday
Notable Sales
- CryptoPunk, VR - 50 ETH
- Tyler Hobbs, Fidenza - 25.12 ETH
- Bored Ape, Crown - 17.5 ETH
Web 3 Round Up
- Circle applies for US bank license
- Solana ETF by Rex Osprey looks set to go live this week
- $300B investment advisor Ric Edelman recommends 40% crypto allocation for aggressive investors; says 60/40 stock bond allocation model is dead
- Inshallah finance announces $2.1m raise to address $4 trillion islamic finance opportunity
More News
- Trump backed American Bitcoin raises $220M to buy BTC and mining equipment
- Elon criticises debt ceiling again and Trump responds by suggesting he could cut subsidies to Elon's companies
- Nikita Bier joins X as Head of Product
Social Crypto
- Portal to Bitcoin just added 0.5% of PORTAL supply to their top yappers
- Aptos announces claim for June yappers
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