The Daily Modern Market Snapshot: Wed 4 June

Majors: BTC 105k; ETH 2.6k; SOL 156

Headlines

- Pump Fun reportedly seeks to raise $1B at $4B valuation through token sale

- Elon calls spending bill a 'disgusting abomination'

- Claynosaurz minted 97,000 Popkins packs, selling $19.4M worth of packs

Notable PA

- KTA up another 8% to $1.14

- HYPE's main token launchpad Liquid Launch up 37% on the day to $58M

- Fartcoin down another 5% to $1.06, down 21% on the week

Notable Sales

- Fidenza, Tyler Hobbs - 30 ETH

- CryptoPunk, Bandana - 50.99 ETH

- REKT drinks sells out latest flavour Ship Rekt collaboration with OpenSea in 17 minutes

Web 3 Round Up

- Trump's Truth Social files for a BTC ETF

- Trump family deny involvement in Magic Eden's Trump wallet

- Tether announces strategic investment in Orionx, one of the leading Chilean digital asset exchanges

- North American energy company SolarBank announces a BTC treasury strategy

More News

- Solana signs MOU with Dubai's Virtual Assets authority

- Consensys acquires Web3 Auth to fix pain points with self custody

- Classover a provider of live and interactive online learning announced it has agreed to issue $500M in senior secured convertible notes to further SOL treasury strategy

Social Crypto

- Kaito launches Injective leaderboard: 6000 INJ up for grabs

- $5000 sKAITO yapper payouts has accrued to $30,000 so far: they will be going to top 50 yappers and emerging yappers each week

- Kaito announces it will go live on Instagram and TikTok

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