Daily Market Update 07/27

In Today’s Market Update, We Cover Spain’s First Crypto Fund, FTC Amazon Lawsuit, Meta’s Reality Labs $3.7B Loss, Italian Central Bank Backing DeFi, and More.

Author

Jake
July 27, 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

$14B AUM private banking firm, A&G, starts the first crypto fund in Spain

Meta's Reality Labs unit suffered a casual net loss of $3.7B in Q2

The FTC is finalizing its antitrust lawsuit against Amazon

Italian central bank backs DeFi tokenization project headed by Cetif Advisory and Polygon Labs

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints:

CyberKongz: Genkai

Genkai is the next iteration of the CyberKongz brand, delivered through a collection of 20,000 anime-inspired collectibles journeying through the Kongz home continent, Niakea.

Representing our growth as a project, Genkai will be used to expand our IP into Southeast Asia and Japanese markets.

app.mintify.xyz/collection/cyberkongz-genkai

MNTGE Patchwork

MNTGE presents Patchwork: a limited edition collection by eleven artists spanning the Web3, traditional art, and fashion worlds.

We’re passionate about merging fashion and blockchain technology. Each patch has a Near Field Communication (NFC) chip, offering a claimable digital token as proof of authenticity.

app.mintify.xyz/collection/mntge-wear-the-past-patches

FVCKRENDER x Crypto Stamp Art

FVCKRENDER x Crypto stamp art is a cooperation between the artist and the Austrian Post.

The artwork ALPINE STAR// by FVCKRENDER is a reference to the Edelweiss flower, which is Austria‘s national flower.

app.mintify.xyz/collection/fvckrender-x-crypto-stamp-art

McFarlane Toys: Batman, Year Two

Animated. Signed. Interoperable.

The first licensed digital collectible designed directly by the original comic book artist.

Get ready to own the knight.

app.mintify.xyz/collection/mcfarlane-toys-batman-year-two

NHL Breakaway: Inaugural Opening Ice Pack

Collect the 1st career NHL goals from 20 up-and-coming players, including Matty Beniers, Luke Hughes, Jake Sanderson, Wyatt Johnston, Moritz Seider, Juraj Slafkovský​, Mason McTavish, and more!

app.mintify.xyz/collection/nhl-breakaway-inaugural-opening-ice-pack

SuperRare: DEATH by AlienQueen

Death is coming, and you can’t escape it, so live life the way you want and stay true to yourself.

SuperRare x ALIENQUEENNFT merch also drops on July 27.

Launching with limited edition Zippo lighters and skateboard decks (only 20 limited edition decks that are hand signed and numbered by ALIENQUEENNFT)

app.mintify.xyz/collection/superrare-x-alienqueen

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

  • ETH: $13.41M (12% ▲)

  • BTC: $555k (3% ▽)

  • SOL: $1.26M (40% ▲)

  • MATIC: $490k (43% ▽)

🪙 Top Tokens:

  • BTC: $29,470 (0.7% ▲)

  • ETH: $1,875 (1% ▲)

  • XRP: $0.716 (2.1% ▲)

  • BNB: $241 (1.5% ▲)

  • DOGE: $0.0792 (0.4% ▲)

📊 Market Stats:

  • Global Crypto Market Cap: $1.19T

  • BTC Dominance: 49.81%

  • BTC OI: $9.59B

  • Fear & Greed: 51

💹 Indices:

  • DOW: $35,594 (0.2% ▲)

  • S&P500: $4,606 (0.9% ▲)

  • NASDAQ: $14,343 (1.5% ▲)

In other news…

📰 Top Headlines:
Web3

  • The MoneyGram Haas F1 Team and RENGA reveal collab details

  • New malware infostealer, Realst, targeting macOS users, is being distributed through fake Web3 games

  • Beeple's $29M Sculpture, Human One, will be on display at the Crystal Bridges Museum in Bentonville, Arkansas, this Friday

  • Ducati collabs with Ripple to release NFTs on the XRP Ledger

Blockchain

  • Binance launches an AI-powered NFT generator for KYC'd users

Finance

  • Vera Molnár's Sotheby's NFT auction generates 631 ETH in sales volume in under an hour

  • $14B AUM private banking firm, A&G, starts the first crypto fund in Spain

Government

  • Fed hikes fed funds rate by 25 basis points

  • Pair of crypto regulatory bills pass through the House Financial Services Committee

  • Italian central bank backs DeFi tokenization project headed by Cetif Advisory and Polygon Labs

  • The FTC is finalizing its antitrust lawsuit against Amazon

Business

  • Meta's Reality Labs unit suffered a casual net loss of $3.7B in Q2

Legal

  • DOJ wants SBF in jail, alleging attempts to tamper with witnesses

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