The Daily Modern Market Snapshot: Wed 5 Nov Majors: BTC 101k; ETH 3.3k; SOL 156 Headlines - Crypto tumbles again as BTC dips below $100K with $2B of liquidations across the market - Strategy offers STRE, first ever Euro denominated perpetual preferred stock to European and global institutional investors - Hyperliquid premarkets for Monad and MegaETH wick up violently, shorts get liquidated Notable PA - Momentum Finance launches settles at $1.2B FDV, went as high as $4B FDV - ASTER +13% $1.03 - ZCASH - 8% to $438 - HYPE +8% to $40 - Open interest on JELLY JELLY was larger than its FDV as it short squeezed up Notables Sales - CryptoPunk, Cap Forward - 37 ETH - CryptoPunk floor dips to 32 ETH Web 3 Round Up - Berachain restarts chain after $12M of exploited Balancer funds are returned safely - Monad teases Mainnet launch date - ZKsync announces utility plan for ZK token, shifting focus from only governance - FTX founder SBF has appealed his 25 year prison sentence - Gemini is preparing to launch a prediction market according to Bloomberg - Nasdaq listed BTC mining company Canaan raises $72M from investors like Galaxy Digital to fund utility grade computing and energy infra projects - Pudgy Penguins partners with Virtuals to help create Pudgy imaginations directly on X - Pump Fun has added onramps with Revolut, Venmo, Google Pay and PayPal LIKE, COMMENT & RT if you found this helpful
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