Daily Market Update 07/07

In Today's Market Update, We Cover Machi's ApeCoinDAO Proposal, 8 Ball Pool Coming to Web3, Twitter x Meta Lawsuit, Craig Wright's Lawsuit Challenged, and More.

Author

Jake
July 07, 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

Machi Big Brother submits AIP to purchase 1000 BAYC, 2000 Mutants, and more for donation to museums

Twitter threatens Meta with a lawsuit; accused the company of trade secret theft

Co-creators of the original 8 Ball Pool mobile game are bringing Eyeball Pool to Immutable zkEVM

UK Law Commission's report challenges Craig Wright's lawsuit seeking a backdoor into BTC

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints

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🔊 Top by Volume:

  • BAYC (1.65k Ξ) | floor of 32.5 Ξ (10% ▲)

  • MAYC (342 Ξ) | floor of 6.25 Ξ (0.2% ▲)

  • Azuki (335 Ξ) | floor of 6.54 Ξ (5% ▽)

💨 Top by Sales:
🫰 Biggest Winners:
⛓️ NFT Volume by Blockchain:

  • ETH: $17.1M (29% ▲)

  • BTC: $2.65M (2% ▲)

  • SOL: $1.21M (23% ▲)

  • MATIC: $1.14M (15% ▲)

🪙 Top Tokens:

  • BTC: $30,382 (0.02% ▲)

  • ETH: $1,873 (1.1% ▽)

  • BNB: $235 (1.1% ▽)

  • XRP: $0.468 (0.8% ▽)

  • ADA: $0.284 (0.1% ▽)

📊 Market Stats:

  • Global Crypto Market Cap: $1.17T

  • BTC Dominance: 51.53%

  • BTC OI: $9.21B

  • Fear & Greed: 55

💹 Indices:

  • DOW: $33,837 (0.2% ▽)

  • S&P500: $4,408 (0.1% ▽)

  • NASDAQ: $13,704 (0.2% ▲)

In other news…

📰 Top Headlines:
Web3

  • Polygon Labs x Station3NYX launch Builder House NYC, a dedicated community workspace designed to nurture talent

  • Web3 team arena shooter game Farcana forms strategic partnership with Animoca Brands

  • WISe.ART x Pauli collab to drop 3D NFTs designed for Brooklyn-based start-up, Looking Glass light-field Displays

Blockchain

  • Malaysia's state-owned Sarawak Energy accuses crypto miners of stealing electricity

  • Lightning Labs launches tools for building Bitcoin-powered AI products

  • Japan's largest banks partner up to bring fully collateralized Japanese stablecoins to Cosmos

Finance

  • Bitfinex recovers $314k of $3.6B lost to the 2016 hack ($72M at the time), most of which was seized by the DOJ

  • Ark Invest observes institutional BTC OTC trading desk balances rise 60% over the last quarter

Business
Legal
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