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The S&P 500 hit a new high as tech stocks rallied; over 85% of reporting firms beat earnings expectations. Gold jumped 1% to $3,397 as the dollar and yields fell on trade tensions and Fed credibility concerns, hitting a five-week high. The Coindesk Indices, which tracks the broader crypto market, rose 2.08%, with Bitcoin down 1.25% and Ether up 0.43%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is PENGU, up 21.2% after a $10M CryptoPunks sweep reignited NFT market momentum.
Pudgy Penguins (PENGU), launched in July 2021, is a popular NFT collection known for its cute artwork. It has expanded into physical products like toys, generating over $10 million in sales, and the collection now holds a market cap of over $1.19 billion. PENGU, the Solana meme coin tied to Pudgy Penguins, surged after a $10M sweep of 45 CryptoPunks sparked renewed NFT market interest. Major collections like Bored Ape Yacht Club, Moonbirds, and Azuki also posted double-digit gains, with Pudgy Penguins’ floor price rising. The NFT rally lifted several associated tokens, though performance varied. PENGU now holds a $2.4B market cap, ranking 59th overall.
Check out the latest prices, charts, and data of PENGUUSDT perp and PENGU/USDT spot contracts!
The Ether Machine is launching on Nasdaq with 400,000 ETH (worth $1.5B) and plans to grow its holdings via staking and DeFi strategies. Backed by a $645M anchor investment from co-founder Andrew Keys and $800M from firms like Kraken and Pantera, it becomes the largest participant in the Strategic Ethereum Reserve. The firm brands itself as a “strategic Ethereum generation company,” assembling an expert team to target market-leading yields.
Category | Flow (millions) |
GBTC | (36.7) |
Non-GBTC | (94.7) |
Total | (131.4) |
Yesterday, BTC spot ETFs saw $131.4M in net outflows, with GBTC losing $36.7M and non-GBTC ETFs shedding $94.7M.
Boundless has opened its Silver Tier, allowing users to complete tasks to earn a 15% bonus in its community token sale. At least 10 points are needed to qualify, with tasks available now and more coming soon. Spending 0.002 ETH for a Boost vote is the fastest way to gain points. This only grants a whitelist spot—airdrop is not guaranteed.