Daily Market Update 10/31

Top Stories

NFT Market Recap

💰️ Notable Sales:

• 169 Ξ BAYC #6022

• 50.5 Ξ Ringers #338

• 11.4 Ξ MAYC #25538

🎉 Notable Mints (EST):

• 12:00 pm HODLERS: ‘Dreaming of Home’ by Rickacrane

• 02:00 pm Gruffters by Gruff

• 02:00 pm Travess Smalley: ‘Coordinates’ on Folia

• 06:30 pm DEADFELLAZ INFECTED S3 on Foundation

⬆️ Top by Volume:

• BAYC, floor of 30.7 Ξ (2% ▲)

• MAYC, floor of 5.8 Ξ (1% ▲)

• The Captainz, floor of 5.7 Ξ (5% ▽)

⬆️ Top by Sales:

• Conviction Scrolls, floor of 0.047 Ξ (18% ▽)

• RTFKT Nike Dunk Genesis CRYPTOKICKS, floor of 0.038 Ξ (14% ▲)

• Opepen Edition, floor of 0.43 Ξ (10% ▽)

🪅 Biggest Winners:

• Pezuki, floor of 0.02 Ξ (54% ▲)

• PROOF Pass, floor of 2 Ξ (33% ▲)

• Valhalla, floor of 0.15 Ξ (22% ▲)

Other News

Web3

• Bitcoin’s whitepaper: celebrates its 15th anniversary since being distributed via Satoshi's mailing list

• Steve Aoki & Stepn: collaborate to drop his digital sneakers on Solana

• Mocaverse: Realm Points help gauge and reward user activity and influence within its on-chain identity ecosystem

• Sappy Seals: teased a limited t-shirt drop launching today

• Chimpers: launches its Dojo Master game with valuable prizes

• Imaginary Ones: Bubble Ranger game is launching on Nov. 8

• Phantom: Camera Mint turns photos and videos into Solana NFTs

• Chain of Alliance: introduces leaderboards, rewards, species, classes in update

• Unibot: exploited for $640k; team says losses “will be compensated"

• SlashNext report: phishing emails jump 1,265% since ChatGPT launch

Blockchain

• SnowTrace: to close its AVAX Etherscan-powered explorer due to costs

• Starknet: rewards early contributors with April-locked $STRK tokens

• PancakeSwap & Bril Finance: launch portfolio manager for auto-rebalanced LP algorithm deposits

Finance

• Bitcoin CME open interest: surges to $3.6B, second behind Binance

• Bitcoin’s profitable wallets: hits record highs at 80% in profit

• Tokenized US Treasuries: expand seven-fold to $698M in 2023

• CoinShares report: crypto ETPs see largest weekly inflows in a year

Artificial Intelligence

• Atom Computing: unveils 1,180-qubit quantum computer, aims to tackle high error rate

• Navigation Fund: begins offering leasable AI computing capacity

• TikTok, Snapchat, OnlyFans: issue joint statement combatting AI-generated abusive content

• Embark Studios: faces backlash over AI text-to-speech in “The Finals”

• G7 countries: scheduled to agree on AI code of conduct for developers

• Judge: dismissed copyright suit against Midjourney, DeviantArt, and Stability AI, calling the lawsuit “defective in numerous respects”

Government

• White House: mandates 26-point AI guideline via executive order

• HK Monetary Authority: sees value in CBDC but calls for investigation

• Spain: to introduce MiCA in Dec. 2025, six months ahead of deadline

• Kenya: to roll out digital IDs by Dec. follow its testing period

• Marshall Islands: further strengthens its DAO-friendly legislation

Business

• OKX: PoR show its 103% collateralized with BTC, ETH, and USDT

• Valkyrie: amends its spot Bitcoin ETF filing with instrument specifics

• Backpack: secures a Dubai VASP license for its Backpack Exchange

Legal

• Terraform’s Daniel Shin: claims he and Do Kwon parted ways before the Terra/Luna collapse, and he had nothing to do with it

• SBF attorneys: request Judge Kaplan allow an argument citing English law in FTX’s terms of service

• SBF prosecutor: cross-examination met with variations of “I’m not sure. I don’t recall. I’m not sure exactly what you’re referring to”

• SBF prosecutor: cross-examination hits on ill-advised, post-FTX interviews with evidence that he claims not to remember

• SBF prosecutor: cross-examination exposes inconsistencies regarding SBF’s role in Alameda and FTX deposit access