The Daily Modern Market Snapshot: Tue 17 June

Majors: BTC 106k; ETH 2.5k; SOL 152

Headlines

- Trump leaves G7 summit early; Iran and Israel continue to exchange strikes; part of US - UK tariff deal done

- TRON announces plan to go public via reverse merger; reports Eric Trump expected to take role at company denied

- JP Morgan files for stablecoin JPMD

Notable PA

- HYPE -8% to $40

- Bitcoin Cash +4% to $9.4B

- SUNDOG +10% on Tron news

Notable Sales

- CryptoPunk, Eye Mask - 43.5 ETH

- XCOPY, Disintegration - 20 ETH

- Sam Spratt, Mask of Luci - 5.95 ETH

Web 3 Round Up

- Strategy announces 10.1K BTC buy for $1.05B

- Trump's Truth Social files for dual BTC and ETH ETF

- Memestrategy acquires 2.4k SOL; stock rises 20% following announcement

- PUMP trading at $6B on premarkets with just $78k volume

More News

- REKT drinks sells out 2,222 limited edition cases on Jupiter for JUP and REKT holders

- Liquid Launch makes it onto Hyperliquid strict list

- Pump Fun X account along with founder Alon have their X accounts suspended; other memecoin platforms also suspended

Social Crypto

- NOYA announces Kaito leaderboard now live: 5% of token to be allocated to top yappers, depositors, LPs, referrers, and KAITO ecosystem

- Virtuals expands eligible wallets from those with 5k staked KAITO (350 wallets) to the top 1000 wallets

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