Daily Market Update 07/26

In Today’s Market Update, We Cover Lido DAO stETH, BAYC “Made By Apes,” CyberKongz X Sky Mavis, Craig Wright Lawsuit, and More.

Author

Jake
July 26, 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

Lido DAO wants to give stETH holders veto power on governance proposals

CyberKongz partners with Axie Infinity developer Sky Mavis

BAYC launches its on-chain licensing initiative, "Made By Apes"

Craig Wright must cough up $516k to pursue legal action against Kraken and Coinbase

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints:

Themes and Variations by Vera Molnár

Introducing the Sotheby’s Gen Art Program fueled by the innovative ArtBlocks Engine, kicking off with pioneering artist Vera Molnár.

Themes and Variations is Vera Molnár’s personal reflection on her decades-long practice with the ‘machine imaginaire’ in the midst of an unforeseen digital art boom brought forward through the introduction of NFTs.

app.mintify.xyz/collection/themes-and-variations-by-vera-molnar

Floor ICONS: Ground Level Garden by Vinnie Hager

Introducing Floor’s first ever creator series: Floor ICONS.

ICONS brings incredible pieces from iconic web3 artists, exclusively available to @floor users!

app.mintify.xyz/collection/floor-icons-ground-level-garden-by-vinnie-hager

Squishmallows x VeeFriends

The collaboration between VeeFriends and Squishmallows represents another significant milestone in the expansion of VeeFriends’ brand.

By translating four of the VeeFriends characters into plush collectibles, VeeFriends continues to scale its character IP and diversify its product range.

app.mintify.xyz/collection/squishmallows-x-veefriends

Reddit Gen 4 Avatars

This collection has a lot of new and returning artists and art which worth dying for. You can use these collectibles as your PFP on Reddit, trade them, sell them, mash them with other avatars and backgrounds, and basically create your own little Snoo to represent you.

app.mintify.xyz/collection/reddit-gen-4-avatars

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

  • ETH: $12M (46% ▲)

  • BTC: $570k (24% ▽)

  • SOL: $902k (37% ▲)

  • MATIC: $855k (18% ▽)

🪙 Top Tokens:

  • BTC: $29,264 (0.5% ▲)

  • ETH: $1,856 (0.2% ▲)

  • XRP: $0.702 (1.8% ▲)

  • BNB: $237 (0.1% ▲)

  • DOGE: $0.0793 (2.5% ▲)

📊 Market Stats:

  • Global Crypto Market Cap: $1.17T

  • BTC Dominance: 49.95%

  • BTC OI: $9.62B

  • Fear & Greed: 51

💹 Indices:

  • DOW: $35,332 (0.3% ▽)

  • S&P500: $4,561 (0.1% ▽)

  • NASDAQ: $14,126 (0.1% ▽)

In other news…

📰 Top Headlines:
Web3

  • BAYC launches its on-chain licensing initiative, "Made By Apes"

  • ApeFest ticket claims open tonight at 8 pm ET

  • MNTGE upcoming Patchwork collection features 13 patches from 11 artists, including Jen Stark, Bored Ape Yacht Club artist Seneca, and Nyan Cat meme creator Christopher Torres

  • CyberKongz partners with Axie Infinity developer Sky Mavis to mint upcoming Genkai NFTs on the private (permissioned) Ronin blockchain

Blockchain
Finance
Government

  • Singapore declares crypto as property

  • Namibia pivots and passes a bill to regulate digital assets

Business

  • Twitter's "X" rebrand renews crypto payments speculation

Legal

  • Craig Wright must cough up $516k to pursue legal action against Kraken and Coinbase

  • US prosecutors were given until Oct 3 for discovery in the case against former Celsius CEO

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