Daily Market Update 07/05

_{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

NFT Market Recap

💰️ Notable Sales:

• 79.9 Ξ BAYC #5563

• 16.63 Ξ Pudgy Penguin #6472

• 1.0711 ₿ BTC DeGods

🎉 Notable Mints

🔊 Top by Volume:

• Azuki (2.3k Ξ) | floor of 7.25 Ξ (6% ▲)

• BAYC (2.13k Ξ) | floor of 29.5 Ξ (2% ▽)

• MAYC (1.54k Ξ) | floor of 6.34 Ξ (9% ▲)

💨 Top by Sales:

• Azuki Elementals (551) | floor of 1.16 Ξ (9% ▲)

• Sapienz (491) | floor of 0.13 Ξ (31% ▽)

• BEANZ (480) | floor of 0.48 Ξ (10% ▲)

🫰 Biggest Winners:

• KillaCubs | floor of 0.08 Ξ (82% ▲)

• 6Sixty6 | floor of 0.17 Ξ (55% ▲)

• Edenhorde | floor of 0.087 Ξ (36% ▲)

In other news…

📰 Top Headlines:

Web3

• ALTS by adidas vending machine is now open

• Memeland Captainz bug bounties go live

• Moonbirds founder Kevin Rose shares “State of Moonbirds”

• Pudgy Penguins reveals its Pudgy Asia Soulbound Token for commemorating builders who are dedicated to growing the brand’s presence in Asia

• Axie Infinity releases Axie Class Backgrounds

Blockchain

• BTC’s new BRC-69 standard reduces the time and cost of making inscriptions

• Solana liquid staking protocols surged by 91% in H1, 2023

Finance

• BTC ATM operator Bitcoin Depot launches on the Nasdaq; the first company of its kind to go public

Government

• Thailand’s newest VASP rules ban the use of customer funds for lending and investments

• UK Parliament’s upper chamber passed the Economic Crime and Corporate Transparency Bill, which helps law enforcement seize and freeze crypto used in crime

• Blockchain advocates call for HK Government to issue a stablecoin to challenge USDT, USDC

• Chinese city of Jinan begins accepting CBDC payments across all bus routes

• Chinese government announces plans to tighten its control on exports of AI chip-making materials

• Danish Financial Supervisory Authority orders Saxo Bank to liquidate crypto holdings

• Survey shows the majority of Canadians are open to CBDC adoption

• SEC shuts down rumors of Chair Gensler’s resignation

Business

• Merkle Science CEO Mriganka Pattnaik on US regulatory impact: “My opinion is a little bit contrarian here, but I do think that five years down the line, the majority of activity will still be in the United States.”

Legal

• Australian regulators search Binance offices