Daily Market Update 06/20

Today’s Market Update covers ETH devs potentially raising validator requirements, BTC dominance hitting 50% for the first time in two years, Napoleon Dynamite cast reuniting, and more.

Your daily crypto and NFT recap brought to you every morning by the Mintify team. Questions or feedback? Feel free to email us at [email protected].

Our Pick of Today’s Top News Articles

ETH developers consider raising the validator requirement from 32 to 2048 ETH

JPMorgan: Hinman documents are a win for ETH; pushes cryptos to become more decentralized

BTC Dominance reaches 50% for the first time in two years

Napoleon Dynamite cast reunites for an animated pilot, which will release to "Cyko KO" NFT holders

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints
🔊 Top Volume:
💨 Top Sales:
🫰 Biggest Winners:
⛓️ NFT Volume by Blockchain:
  • ETH: $13.53M (39.8% ▲)

  • BTC: $3.32M (13.9% ▲)

  • SOL: $1.71M (37.4% ▲)

  • MATIC: $786k (16% ▲)

📊 Market Stats:
  • Global Crypto Market Cap: $1072.17B

  • BTC Dominance: 50.06%

  • BTC OI: $8.6B

  • Fear & Greed: 49

🪙 Top Tokens:
  • BTC: $26,829 (1.2% ▲)

  • ETH: $1,730 (0.06% ▲)

  • BNB: $240 (1% ▽)

  • XRP: $0.483 (1.4% ▽)

  • ADA: $0.259 (0.7% ▽)

💹 Indices:
  • DOW: $34,499 (0.3% ▽)

  • S&P500: $4,443 (0.2% ▽)

  • NASDAQ: $15,245 (0.15% ▽)

In other news…

📰 Top Headlines:
Web3
  • Memeland announces it will teleburn 111 MVPs from its treasury to Ordinals

  • Trevor Jones will take his annual Castle Party to Château de Vallery in France this year

Blockchain
  • Etherscan adds an OpenAI-based tool to help users interpret smart contract source code

  • BNB releases Layer 2 testnet based on Optimism's OP stack

Finance
  • Crypto[.]com operates internal proprietary trading and market-making teams on its exchange

  • ARK Invest continues buying COIN shares amid SEC lawsuit, Cathie Wood calls for $1M BTC

  • FTX bankruptcy estate has paid over $120M in advisor fees from Feb 1 to Apr 30

  • Animoca Brands lands strategic investment from Mitsui to leverage its network and extensive partners

Government
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