The Daily Modern Market Snapshot: Mon 16 June

Majors: BTC 107k; ETH 2.6k; SOL 156

Headlines

- Market shakes off war concerns: BTC back to $107K, SOL +7% to $157; HYPE surges +10% to $44

- Bybit announces their first on chain DEX: Byreal

- SEC clears Trump Media to acquire BTC with $2.3B recently raised

Notable PA

- USELESS +17% to $86M

- SPX +16% to $1.68

- MOG +12% to $390M

- PURR +18% to $170M

Notable Sales

- XCOPY, Bangers and Crash - 25.55 ETH

- CryptoPunk, Clown Eyes Green - 53.5 ETH

- XCOPY, Instabags - 35 ETH

Web 3 Round Up

- Sharplink Gaming funded by Consensys buys $463M of ETH to become 2nd largest holder after ETH foundation

- Trump discloses $57M earnings from WLFI token laumch

- Cardano founder Charles Hoskinson proposes $100M investment into Cardano ecosystem: includes BTC buys and other Cardano native coins

More News

- Metaplanet hits 10k BTC target

- Polyhedra price tanks 60% in seconds in crash in the same style as Mantra

- ETH Foundation donates $500K to Tornado Cash cofounder legal case

Social Crypto

- Backroom new socialfi primitive to launch on Virtuals this week: allows creators to monetise off the natural signal they create rather than needing to run a separate group chat

- Creatorbid announces Kaito Leaderboard live now

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