The Daily Modern Market Snapshot: Wed 21 May

Majors: BTC 105k; ETH 2.5k; SOL 170

Headlines

- BTC knocking at ATH at $106K

- Texas passes Strategic BTC reserve bill SB21 passes second reading: third reading required before it heads to governors desk to pass

Notable PA

- SocialFi / InfoFi tokens running hot KAITO up 16% to $2.1B; COOKIE up 21% to $186M

- TRUMP +11%, perhaps on memecoin dinner taking place this week

- GRASS up 10% to $2.2B

Notable Sales

- CryptoPunk, Mohawk - 54 ETH

- XCOPY, Grifter - 19.69 ETH

- Bored Ape, Captain - 16 ETH

Web 3 Round Up

- SEC charge Unicoin for $100M fraud offering: unsupported promises that its crypto tokens would be backed by valuable real estate

- World's largest alternative asset manager Blackstone reveals $1M BTC buy via Blackrock's IBIT

- Vivek Ramaswamy co-founded Strive Enterprises targest distressed BTC claims from Mt Gox Estate worth up to 75K BTC

- President Trump will host private dinner for memecoin holders this week: Tron Founder and billionaire Justin Sun confirmed to be in attendance

More News

- Pudgy Penguins announce partnership with world's largest children's book publisher to release book: The Worst Birthday Present Ever

- First ever presale for Orange Cap Games' Lil Pudgies cards sold out on Abstract

Social Crypto

- Cookie launches Kaito competitor: instead of Yaps we have Snaps

- Sunrise announces 1.5% of total $RISE token to reward Kaito yappers and sKAITO stakers

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