The Daily Modern Market Snapshot: Tue 5 Aug
Majors: BTC 114k; ETH 3.6k; SOL 167
Headlines
- Tom Lee's Bitmine Immersion announces almost $3B in ETH holdings making it the largest ETH treasury in the world
- Adam Weitsmann makes long term investment in Otherside purchasing 5,000 Otherdeeds, Mega Kodas and Weapon Kidas directly from Yuga Labs
- GTE announces departure from Mega Mafia after raising $25M from tier 1 investors
Notable PA
- PUMP +10% to $3.1B after transparency dashboard of buybacks
- ZORA +13% to $690M
- TROLL +40% to $108M
Notable Sales
- Sam Spratt, Skull of Luci - $409,000
- Pudgy Penguin, Pudgy Man - 29 ETH
- Jack Butcher, Single Check - 27.5 ETH
Web 3 Round Up
- CFTC announces they will launch an initiative for trading spot crypto asset contracts that are listed on CFTYC-registered futures exchanges
- Peter Thiel-backed Bullish seeks up to $4.2 billion valuation in US IPO
- Verb Technology Company announces $558M private placement to establish first publicly listed TON treasury company
- Phantom announces acquisition of Solsniper, one of the fasted most advanced trading platforms on Solana
More News
- Pump Fun shares revenue dashboard demonstrating live revenue and buy back data: over last 6 days their buybacks were 102% of total revenue
- Subzero Labs raises $20M led by Pantera to build Rialo, first real world blockchain network
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