Wall Street Whisperer? ($)
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- 📣 Donald Trump Pitches Sons' 'Digital Real Estate' Project. Trump looks to onboard his Truth Social followers to 'The DeFiant Ones' crypto project.
- 💰 Magic Eden Makes $ME Token Announcement. The NFT marketplace goes where OpenSea hasn't gone yet.
- 🏔️ Grayscale Unveils AVAX Trust. Avalanche lands its own Grayscale Trust product.
📸 Daily Market Snapshot: BTC is continuing in its weeks-long journey to crack $62K. The asset started the month with a grim slide from $70K to $50K, but its rapid recovery has languished in frustratingly consistent middling price action for the past two weeks, leaving investors wondering what the next big catalyst could be.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.14T | ↘ 0.8% | ↗ 5.9% |
|
BTC $60,438 | ↘ 0.9% | ↗ 6.4% |
|
ETH $2,622 | ↘ 0.7% | ↗ 2.9% |
|
KMNO $0.044 | ↗ 4.0% | ↘ 6.6% |
OG crypto asset manager Grayscale has been awfully busy lately.
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism. It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
What assets have caught their attention lately? Let's find out. 👇
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- 🎰 Introducing BET – Drift Team
- 🐂 The Bull Case for Ethereum – DeFi Ignas
- 🤺 Monad vs. MegaETH Summary – KaitoAI
- 📱 The Bull Case for Low Float Tokens – Raoul Pal
- 🏦 Aave: The Core Pillar of DeFi – Arthur_0x
- 🤨 ETH: Where Do We Stand? – Flip Research