Daily Market Wrap
Crypto market cap: 0.89 trillion, up 0.02%
BTC price stands at USD 20,425, down 0.27%
ETH price stands at USD 1,086, down 1.61%
Top gainer: Polygon (MATIC), up 20.63%
Top loser: Waves (WAVES), down 12.35%
News of the Day
Why it matters:
NFT.NYC 2022 is a real-life conference taking part in Palladium Times Square, New York, this week
This is the fourth annual event that brings all worldwide artists, musicians, filmmakers, investors, and tech entrepreneurs together, proving that NFTs aren’t just about the digital art you see people collecting online but for real-life events, parties and conferences
There are a lot of speakers and artists showing up at the conference. For more details about the rundown of NFT.NYC 2022, let’s take a look at HERE
Crypto daily spotlight
Brief introduction: Evan Keast, Scott Martin, and Jordan Castro launched the Doodles NFT collection on October 17, 2021. Doodles are a collection of 10,000 NFTs (non-fungible tokens) that are made up of hundreds of exciting visual traits designed by Martin, also known as ‘Burnt Toast’.
Why it matters:
Ethereum NFT project Doodles tweeted a teaser on Wednesday announcing Doodles 2
Doodles 2 is a new NFT collection that will span millions of avatars and feature a wider array of traits along with wearable items
Although it will not be released on Ethereum, the team has not announced which blockchain Doodles 2 will be deployed on
In addition, Doodles made a significant announcement at Doodles’ NFT NYC event, revealing that it has named musician and producer Pharrell Williams its Chief Brand Officer
Daily sector tracker
Daily News Roundup
Crypto Lending Platform Maple Finance Is Facing Liquidity Pressures https://bit.ly/3NfVAAG
Iran Will Cut Electric Power To Crypto Miners Starting June 22 https://bit.ly/39J1We4
Crypto Payment Start-up MoonPay Partners With Fox, Universal Picture, and Death Row Records To Launch NFT Platform https://bit.ly/3OyhMXK
ProShares’s First Short Bitcoin ETF Will Be Listed On NYSE https://bit.ly/3tNuxG7
The World’s Largest Bitcoin ETF Saw Massive Outflows In A Single Day https://bit.ly/3OeBMyS
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