🔮 ZenDaily - 20th May 2025 🔮
SEC Commissioner takes Pro-Crypto-Industry stance, The GENIUS Act get passed in the Senate, Circle in talks with Coinbase for an acquisition deal, and more.
🗞 NFT NEWSFLASH
The current Bitcoin price is $105K, ETH is $2.5K, and XRP is $2.3: https://tinyurl.com/4w5m5cfe
SEC Commissioner Hester Peirce takes Pro-Crypto-Industry stance, claims most tokens are not subject to Securities regulation.: https://tinyurl.com/56t23jmw
The GENIUS Act, the bill to regulate stablecoins, passed in the Senate with 66-32 votes. This will require stablecoins to be fully backed and have regular security audits.: https://tinyurl.com/54e6pamy
JP Morgan to allow clients crypto purchases while opting out of offering custody services.: https://tinyurl.com/3jmudzpr
Circle explores IPO while simultaneously entertaining acquisition discussions with Coinbase and Ripple.: https://tinyurl.com/3vk8yc9z
Succinct introduces PROVE, first native token for ZK Prover Network.: https://tinyurl.com/54e6pamy
Lil Pudgys releases the first episode of Lil Pudgys TV show on Youtube.: https://tinyurl.com/3hbx22u4
💸 NOTABLE MEME-COIN MARKET MOVES
HOUSE is up 31% at $0.03773
COQ is up 29% at $0.069660
DEGEN is up 21% at $0.006413
KEYCAT is up 19% at $0.006298
TOKEN is up 17% at $0.02353
💸 NOTABLE ETHEREUM MARKET MOVES
SkyBorne is up 20% at 1.38 ETH
KaizuKingz is up 16% at 0.05 ETH
Kaito Genesis is up 3% at 2.88 ETH
CryptoDickButt S3 is down 4% at 1.64 ETH
Lil Pudgys is down 3% at 1.25 ETH
💸 NOTABLE ORDINALS MARKET MOVES
OMB is up 7% at 0.027 BTC
Bitcoin Punks is up 6% at 0.0074 BTC
Bitcoin Frogs is down 4% at 0.0072 BTC
The Wizards of Ord is down 3% at 0.012 BTC
NodeMonkes is down 2% at 0.038 BTC
💸 NOTABLE SOLANA MARKET MOVES
Giraffe Tower is up 7% at 12.09 SOL
Frogana is up 3% at 0.85 SOL
DeGods is up 2% at 6.51 SOL
Famous Fox Federation is down 4% at 2.39 SOL
Mad Lads is down 2% at 36.13 SOL
📊 DAILY MARKETPLACE VOLUMES
Opensea: $2.51M// Blur: $1.01M // Magic Eden: $495.84k
💰 NOTABLE NFT SALES
CryptoPunk #532 - 55.5 ETH
Chromie Squiggle #1757 - 10.9 ETH
Pudgy Penguin #8849 - 10.46 ETH
🔮 ZENACADEMY / 333 CLUB UPDATES
Letter 64: How to value a Crypto Project
Valuing crypto is more art than science, and investors should consider all the factors. Read Zeneca's latest letter to understand how to look at the market realistically before investing.
.
Nothing in this or any other ZenDaily publication should be construed as financial or investment advice. The views and opinions expressed in ZenDaily publications do not reflect those of Zeneca, the authors, or ZenAcademy.
Always exercise caution within the NFT space and we recommend speaking to a professional financial advisor before making any investments.