The Daily Modern Market Snapshot: Tue 1 July Majors: BTC 106k; ETH 2.4k; SOL 149 Headlines - S&P closes over 6200 for first time ever, while Trump calls for Powell replacement + rates at 1% - Robinhood announces tokenised stocks, an Arbitrum chain, perp trading and staking; xStocks announces tokenised stocks are now trading live on Solana - BMNR stock up 700% on news Tom Lee has become chairman of the board to create a Microstrategy of ETH with $250M Notable PA - Hashflow +94% to $139M FDV - SPX -10% to $1.17 - Arbitrum -11% after Robinhood news yesterday Notable Sales - CryptoPunk, VR - 50 ETH - Tyler Hobbs, Fidenza - 25.12 ETH - Bored Ape, Crown - 17.5 ETH Web 3 Round Up - Circle applies for US bank license - Solana ETF by Rex Osprey looks set to go live this week - $300B investment advisor Ric Edelman recommends 40% crypto allocation for aggressive investors; says 60/40 stock bond allocation model is dead - Inshallah finance announces $2.1m raise to address $4 trillion islamic finance opportunity More News - Trump backed American Bitcoin raises $220M to buy BTC and mining equipment - Elon criticises debt ceiling again and Trump responds by suggesting he could cut subsidies to Elon's companies - Nikita Bier joins X as Head of Product Social Crypto - Portal to Bitcoin just added 0.5% of PORTAL supply to their top yappers - Aptos announces claim for June yappers LIKE, COMMENT & RT if you found this helpful
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