Daily Market Update 1/02

Top Stories

SZN2 Updates

📣 Announcements:

• New Features! Delegate Wallet, Shift to Select, Custom Layouts

• New Raffles! Sandbox Land (91,84), Otherside Vessel #84963

• Listing & Bidding XP, FUTR One, Creators, $ME, and [redacted]

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 65.69 Ξ CryptoPunks #6238

• 45 Ξ Gazers #751

• 2.244 BTC Bitcoin Frogs

🎉 Notable Mints (EST):

• 11:00 AM Counterfeit Card: CURRENTS

• 01:00 PM Panorama by Tom Wilson

• 01:00 PM MakersPlace: Ranked Auction Showcase

⬆️ Top by Volume:

• Steamboat Willie Public Domain 2024, floor of 0.15 Ξ (23% ▽)

• DeGods, floor of 3.12 Ξ (1% ▽)

• BAYC, floor of 26.4 Ξ (0.3% ▽)

⬆️ Top by Sales:

• Steamboat Willie, floor of 0.13 Ξ (337% ▲)

• Steamboat Willie’s Riverboat, floor of 0.01 Ξ (106% ▲)

• y00ts, floor of 0.56 Ξ (6% ▽)

🪅 Biggest Winners:

• Azuki Apes, floor of 0.17 Ξ (105% ▲)

• Utility Wen, floor of 0.05 Ξ (54% ▲)

• FUTR One by Mintify, floor of 0.06 Ξ (53% ▲)

Other News

Web3 & Blockchain:

• VanEck: launches Bitcoin ETF ad, third prior to confirmed SEC approval

• Orbit Chain Bridge: reportedly suffers $82M exploit

Crypto & Financial Markets:

• Tech Stocks: wrap up one of best performing years in past two decades

• UBS Chief Economist: fed will lower rates under 3%, mild recession in 2024

• VanEck Advisor, Bitcoin ETF: may disappoint over the short-term, could eventually bring in trillions to the sector

• $BTC: hits $45k as funding rates hit record 66%, sign of growing exhaustion

• $SEI Network: surges as memecoins $SEIYAN, $SEILOR heat up

• $TRB, Tellor: falls 70% from recent all time high; still up 1000% YoY

• Heir to L'Oréal: becomes first woman to be worth over $100B per Bloomberg Billionaires Index

AI, Quantum & Emerging Tech:

• Ezra: uses AI to make full-body MRI scans more accessible; early detection boosts survival rates from 20% to 80%

Government, Policy & Regulation:

• Reuters Report, SEC: may notify asset managers of Bitcoin ETF approval by Tues., Wed. next week

• SBF Prosecutors: SBF wont face second trial, most evidence already presented

Business, Corporate Strategy & Legal:

• BlackRock, Valkyrie: name authorized participants including JPMorgan, Jane Street, Cantor Fitzgerald

• X, Fidelity: marks down investment by 71.5%, new disclosure

• $BYD, $TSLA: losses position as most popular electric vehicle as Chinese market booms

• Nvidia: unveils slower GPU RTX 4090, designed to comply with US/China export regulations

• Bankruptcy Lawyer, FTX Bankruptcy: could take years to resolve

• SEC Whistleblower: alleges Chai payments app never used Terra ecosystem despite promo'd as real-world use case

• Binance CZ: denied permission to travel to the UAE, named flight risk

• Google: settles $5B lawsuit over alleged spying on Incognito Chrome users, terms not yet disclosed