Daily Market Update 06/12

📰 Top Headlines:

Web3

• The Flash NFT comic is set to drop on June 15, one day before the newest film debuts

  https://nftplazas.com/the-flash-dc-nft/

• AliExpress partners with Moment3! to release an NFT collection; specifics are unknown

  https://nftevening.com/aliexpress-and-the-moment3-unleash-5555-nfts-in-epic-collaboration/

Blockchain

• Vitalik says without scaling solutions, secure wallets, and better privacy measures, "Ethereum Fails"

  https://decrypt.co/143991/ethereum-fails-without-these-3-changes-says-vitalik-buterin

Finance

• ARK picks up $19.9M in Block shares

  https://cointelegraph.com/news/cathie-wood-ark-invest-buys-block-inc-shares-etf

• Gensyn, a blockchain-based computing resources provider for AI platforms, closes $43M series A funding round led by a16z

  https://www.coindesk.com/business/2023/06/11/blockchain-based-ai-compute-protocol-gensyn-closes-43m-series-a-funding-round-led-by-a16z/

Government

• Hong Kong Legislative Council member Johnny Ng welcomes "all global virtual asset trading operators" to HK; singles out Coinbase

  https://cointelegraph.com/news/hong-kong-legislator-invites-coinbase-to-the-region-amid-sec-scrutiny

• Third draft of stablecoin bill is expected to be discussed at June 13 hearing

  https://cointelegraph.com/news/us-house-committee-releases-new-stablecoin-bill-draft

Business

• Minecraft's NFT ban has yet to take effect; Microsoft rep. confirms it "is still forthcoming"

  https://decrypt.co/143996/minecraft-still-hasnt-officially-banned-nfts-but-coming

• Moody's downgrades Coinbase outlook from stable to negative over next 12 to 18 months

  https://decrypt.co/143941/moodys-drops-coinbase-outlook-from-stable-to-negative-over-medium-term

• Circle begs Congress for crypto regulation

  https://decrypt.co/143886/circle-ceo-says-regulate-us-as-company-hires-an-ex-regulator

• Polygon Labs responds to SEC claims that MATIC is an unregistered security

  https://www.theblock.co/post/234063/polygon-labs-sec-matic-security

• Twitter will begin paying verified content creators for ads placed in their replies

  https://www.reuters.com/technology/twitter-start-paying-content-creators-ads-replies-musk-says-2023-06-09/

Legal

• US DOJ charges two men over the Mt. Gox hack; one also charged over BTC-e exchange

  https://decrypt.co/143970/us-hits-two-russians-criminal-charges-over-mt-gox-bitcoin-hack

• CFTC wins the Ooki DAO case, setting the precedent that DAOs can be held liable

  https://www.theblock.co/post/234019/cftc-wins-ooki-dao-case-setting-precedent-that-daos-can-be-held-liable

• FTX was authorized to "permanently redact" customer names from court filings

  https://cointelegraph.com/news/ftx-permission-permanently-redact-customer-names

💰️ Highest Sale:

• 212 Ξ Fidenza #158

🔎 Notable mints:

• “Illuvium x GameStop D1SK,” https://app.mintify.xyz/collection/illuvium-x-gamestop-d1sk/, is dropping today at 6:00 PM.

  • The Illuvium Game Studio is building the first Interoperable Blockchain Game with open-world exploration, an industrial city builder, and an autobattler on ETH. Illuvitar D1SK is a collaborative drop with GameStopNFT to offer exclusive pre-bonded Illuvitar with custom GameStop-branded accessories with various expressions, backgrounds, and finishes.

⛓️ NFT Weekend Volume by Blockchain:

• ETH: $18.8M (53% ▽)

• BTC: $6.9M (5% ▲)

• SOL: $2.1M (11% ▽)

• MATIC: $1.6M (64% ▽)

🔊 Top Trending by Volume:

• Bored Ape Yacht Club (1061 Ξ) | floor of 45.76 Ξ (0.1% ▲)

  • https://twitter.com/BoredApeYC

  • https://trade.mintify.xyz/eth/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d

• Wrapped Cryptopunks (732 Ξ) | floor of 50.5 Ξ (0.6% ▲)

  • https://twitter.com/arkgalleryDAO

  • https://trade.mintify.xyz/eth/0xb7f7f6c52f2e2fdb1963eab30438024864c313f6

• Mutant Ape Yacht Club (545 Ξ) | floor of 9.15 Ξ (1% ▽)

  • https://twitter.com/BoredApeYC

  • https://trade.mintify.xyz/eth/0x60e4d786628fea6478f785a6d7e704777c86a7c6

💨 Top Trending by Sales:

• Pixel Platypi (4053) | floor of 0.0053 Ξ (12% ▽)

  • https://www.twitter.com/pixelplatypi

  • https://trade.mintify.xyz/eth/0x0ce079e03f230ad407784f13371ef5e844867383

• RiBT (1486) | floor of 0.027 Ξ (12% ▲)

  • https://www.twitter.com/RiBTnft

  • https://trade.mintify.xyz/eth/0xe2e73bc9952142886424631709e382f6bc169e18

• Kawamii Teens (1298) | floor of 0.09 Ξ (19% ▲)

  • https://www.twitter.com/KAWAMILIONAIRE

  • https://trade.mintify.xyz/eth/0x13b58991ded462090229427ecbbb7e7f99571a6d

🫰 Biggest Winners:

• Doge Club(DOGC) | floor of 0.04 Ξ (167% ▲)

  • https://twitter.com/DogeClub_NFT

  • https://trade.mintify.xyz/eth/0x9f648eef45b73e1a32ce7b624a44266226a85d88

• DeepBlack | floor of 1.92 Ξ (26% ▲)

  • https://twitter.com/DeepBlackAI

  • https://trade.mintify.xyz/eth/0xd70f41dd5875eee7fa9dd8048567bc932124a8d2

• XTREME PIXELS | floor of 0.02 Ξ (24% ▲)

  • https://www.twitter.com/FAHQ

  • https://trade.mintify.xyz/eth/0x0c9663115b36fa95d18e71d59054117bcb0342ef

📊 Market Stats:

• Global Crypto Market Cap: $1055.88B

• BTC Dominance: 49.22%

• BTC OI: $7.85B

• Fear & Greed: 47

📈 Asset Prices:

• BTC: $25,975 (+0.59%)

• ETH: $1,747 (-0.36%)

• SP500: $4,310 (+0.13%)

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