Daily Market Update 06/28

In Today’s Market Update, We Cover Azuki addressing Elementals criticism, GBTC 32% discount, $6.8B options expiry, KuCoin mandatory KYC, and more.

Author

Jake
June 28, 2023

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

Azuki addresses criticism, reassures the community of the brand’s vision, and teases a new green bean

$6.8B worth of BTC and ETH Deribit options contracts expire this Friday

GBTC is sitting at a 32% discount to spot BTC

KuCoin will introduce mandatory KYC in July

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints

AnotherBlock: ‘THIS IS WHY I’M HOT’ by MIMS

We collateralize our NFTs with real-world value by granting a % of the streaming royalties of world-renowned music to the holder.

This means that holders get to claim streaming revenue every 6 months, just like the artist receives from all DSPs (Spotify, Apple Music, Tencent etc).

app.mintify.xyz/collection/anotherblock-this-is-why-im-hot-by-mims

World Flag by John Gerrard

World Flag is a new artwork by John Gerrard that features 195 interactive national flags rendered in colored smoke with accurate dawn breaks and nightfalls.

Each flag site is a fictitious future desert generated using code-based frequencies, shapes, colors, and skies.

These data worlds are spatial and solar—viewers can look around the scene by dragging in its window.

app.mintify.xyz/collection/world-flag-by-john-gerrard

COLORS COLLECT: Fame by Rema

COLLECT allows the global COLORS community (6.79M on YouTube) to support their favorite artists and join them on their journeys.

It sets artists up with a community of fans who are there from day one – allowing them to stay true to their art while navigating a web of […]

app.mintify.xyz/collection/colors-collect

🔊 Top by Volume:
💨 Top by Sales:

Azuki Elemental Beans and Azuki Elementals are #2 and #3 again, but for the sake of diversity were swapped out.

🫰 Biggest Winners:
⛓️ NFT Volume by Blockchain:

  • ETH: $72.14M (275% ▲)

  • BTC: $1.48M (67% ▽)

  • SOL: $2.68M (47% ▲)

  • MATIC: $486k (37% ▽)

🪙 Top Tokens:

  • BTC: $30,119 (1.6% ▽)

  • ETH: $1,853 (1.3% ▽)

  • BNB: $232 (2.8% ▽)

  • XRP: $0.473 (1.7% ▽)

  • ADA: $0.273 (3.6% ▽)

📊 Market Stats:

  • Global Crypto Market Cap: $1.17T

  • BTC Dominance: 51.85%

  • BTC OI: $10.07B

  • Fear & Greed: 62

💹 Indices:

  • DOW: $33,854 (0.2% ▽)

  • S&P500: $4,365 (0.3% ▽)

  • NASDAQ: $13,501 (0.4% ▽)

In other news…

📰 Top Headlines:
Web3

  • Legendary Funk Musician Bootsy Collins' "FUNK NOT FIGHT" collection will support the Funk Not Fight Anti-Violence Initiative

  • Azuki co-founder, locationtba, apologizes for presale timing and website issues

  • Cozomo de' Medici partners up with Avant Arte aimed at merging physical and digital art

Blockchain
Finance
Government
Legal
If you enjoy our curated Market Recaps, consider sharing and following us on socials!

© 2023 Mintify Inc / Twitter / Discord - Built with ❤️ and ☕️ in New York