The Daily Modern Market Snapshot: Fri 29 Aug
Majors: BTC 109k; ETH 4.3k; SOL 207
Headlines
- S&P 500 hits ATH past 6500 for first time in history while crypto majors and memes down
- CFTC will soon give non-US exchanges a clear path to let Americans trade on their platforms
- US Department of Commerce publish Q2 GDP on BTC, ETH, SOL, TRON, Stellar, Avalanche, Arbitrum, Polygon, and Optimism via Pyth and Chainlink partnership
Notable PA
- PYTH +80% to $2.1B FDV
- Wormhole +20% to $890M FDV
- Mitosis launches at $200M FDV
Notable Sales
- CryptoPunk, Nerd Glasses - 50 ETH
- Pudgy Penguin, Kimono - 16.99 ETH
- Sam Spratt, Mask of Luci - 8.75 ETH
Web 3 Round Up
- American Bitcoin, BTC miner backed by Trump family, announces IPO plans in September
- Rabby and Rainbow wallets tease Hyperliquid perps integration
- Solana DeFi TVL hits ATHs from January at almost $12B
- 21 Shares files for a SEI ETF
- Plasma's XPL trades over $1 on Hyperliquid premarket, a $10B FDV
More News
- Kalshi creates crypto native Solana prediction markets on SOL ATH, SOL DAT sizes, SOL/ETH ratio
- Stablecoin platform M0 raises $40M in Series B round
- CyberKongz reveal 2% of supply of KONG will go to OpenSea users who have over $10K in NFT trading volume since 2023
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