The Daily Modern Market Snapshot: Fri 30 May

Majors: BTC 105k; ETH 2.6k; SOL 162

Headlines

- Hyperliquid whale James Wynn gets liquidated for 949 BTC ($99.3M)

- LOUDIO takes over timeline with Initial Attention Offering: 0.2 presale allocation for top 1000 yappers tweeting about Loud

- SEC files to dismiss case against Binance

Notable PA

- HYPE down another 5% to $32

- GIGA up 14% on red day across the day on memes

Notable Sales

- Good Vibes Club, 1/1 - $117,000

- Kaito, 1/1 Yapybara - 18 ETH

- CryptoPunk, Gold Chain - 70 ETH

- Bad Bunnz MegaETH community PFP down 23% 0.28 ETH

Web 3 Round Up

- SEC states proof of stake staking does not constitute a transaction in securities

- Jupiter and Kazakhstan's stock exchange sign deal to facilitate dual listings: public IPO + tokenised shares on SOL

- Coinbase to list HYPE for futures trading from next week; Binance announce same

- European crypto firm K33 has raised $6.2M to buy BTC and explore new services such as BTC backed lending

- Spain's largest bank Santander exploring stablecoin offering

More News

- OpenSea announces beta for OS2 is over: new rewards system to include voyages to earn more xp

- PSG football club announces a BTC treasury reserve, which they started last year

- Nigel Farage leading candidate to become next UK leader suggests BTC bill & 10% capital gains rate at BTC conference

Social Crypto

- Kaito Genesis collection reveals Yapybara PFPs, including some 1/1s

- Portal to Bitcoin yapper leaderboard goes live with 0.5% of upcoming token supply going to yappers

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