The Daily Modern Market Snapshot: Thu 29 May

Majors: BTC 108k; ETH 2.7k; SOL 172

Headlines

- ETH outperforms majors up 3% to break $2.7K

- Eric Trump predicts $170K by 2026 at BTC conference

- US Court Of International Trade rules against President Trump's tariffs: the President does not have the authority to unilaterally impose tariffs, according to court

Notable PA

- Sophon launches at $900M FDV: settles at around $630M FDV

- Wallet Connect Token up 16% to $1B FDV

- Murad's coin SPX6900 up 19% to $1B marketcap

Notable Sales

- Good Vibes Club +16% to 0.9 ETH

- Infinex Patrons +8% to 2.4 ETH

- MegaRabbits on MegaETH up 100+% to 0.02 ETH floor

- Treeverse NFTs by Loopify up 88% to 0.12 ETH ahead of TGE soon

Web 3 Round Up

- Gamestop announces 4710 BTC buy worth around $500M

- Circle freezes around $57M of funds related to the LIBRA coin scam

- Blackrock reveals plans to acquire 10% of the Circle IPO

- Pakistan government plans to set up BTC strategic reserve to "never ever sell them"

- Cantor Fitzgerald launches BTC backed lending arm by providing financing to crypto firms Falcon X and Maple Finance

More News

- Vice President JD Vance takes stage at BTC Conference:

- NYC Mayor Eric Adams plans to issue Bit Bond for New York

- A New Jersey county will tokenise $240B of real estate deeds on Avalanche

- Nansen announces Season 1 points programme starting June 17

- Claynosaurz to mint Popkins packs today

Social Crypto

- Humanity Protocol is allocating 0.2%, around $2.2M at latest valuation) to their top yappers and KAITO stakers

- MultiBank leaderboard goes live on Kaito

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