Daily Market Update 07/20

In Today’s Market Update, We Cover T.J. Miller’s Role as SBF, DeFi KYC, 8 Billion People On-Chain, Doodles X Camp Partnership Details, and More.

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

FORTUN3 featuring T.J. Miller as SBF revealed at Comic-Con

Base's Jesse Pollak says, "There's going to be 8 billion people on-chain over the next decade."

US Senators introduced a bill requiring KYC checks for DeFi platforms and crypto ATMs

Doodles details its partnership with CAMP and the grand opening of an event in Chicago, IL, on August 17

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints:
🔊 Top by Volume:
💨 Top by Sales:
🫰 Biggest Winners:
⛓️ NFT Volume by Blockchain:
  • ETH: $9.6M (18% ▽)

  • BTC: $934k (31% ▽)

  • SOL: $1.13M (3% ▲)

  • MATIC: $634k (25% ▽)

🪙 Top Tokens:
  • BTC: $30,264 (0.8% ▲)

  • ETH: $1,920 (0.3% ▲)

  • XRP: $0.807 (0.1% ▲)

  • BNB: $244 (0.9% ▲)

  • ADA: $0.325 (2.7% ▲)

📊 Market Stats:
  • Global Crypto Market Cap: $1.22T

  • BTC Dominance: 49.86%

  • BTC OI: $9.48B

  • Fear & Greed: 56

💹 Indices:
  • DOW: $35,241 (0.5% ▲)

  • S&P500: $4,562 (0.1% ▽)

  • NASDAQ: $14,299 (0.4% ▽)

In other news…

📰 Top Headlines:
Web3
  • Axie Infinity introduces Axie Points and Levels

  • Solana Labs reveals GameShift, a Web3 game development API

  • Makeup brand NARS partners with Superrare to drop a collection called "Orgasm"

Blockchain
  • Altr tokenized a Ferrari worth $2.5M

Finance
  • GBTC discount slowly continues to narrow

  • Tesla hasn't bought or sold any BTC in a year

Government
  • Gensler refuses to say if or when the SEC might appeal the Ripple decision

  • Kuwait regulator bans crypto payments, investments, and mining to prevent money laundering

  • Presidential candidate RFK Jr. wants to make BTC exempt from capital gains tax and begin backing USD with "real finite assets," like precious metals and Bitcoin

Business
  • Nasdaq pauses plans for crypto custody service but remains committed to digital asset BD

Legal
  • Melania Trump's Apollo 11 NFTs violate NASA guidelines but are not illegal

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