Daily Market Update 1/04

Top Stories

SZN2 Updates

📣 Announcements:

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

• New Raffles! Otherdeed #81766, KILLABEAR #513

⏳️ What’s Up Next:

• Mintify ERC721C Marketplace with Listing & Bidding XP

• Creator Leaderboard, Loot Boxes, & more teasers

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 2.04 BTC Node Monkes

• 23.13 Ξ YOU THE REAL MVP #239

• 1.02 BTC Node Monkes

🎉 Notable Mints (EST):

• 11:00 AM Mistershot: ‘Neo-Pointillism’ on Foundation

• 01:00 PM Perfect Imitation by Proportio

⬆️ Top by Volume:

• MAYC, floor of 5.04 Ξ (0.3% ▽)

• y00ts, floor of 0.57 Ξ (7% ▽)

• DeGods, floor of 3.35 Ξ (0.3% ▽)

⬆️ Top by Sales:

• Poglin: Nycra, floor of 0.13 Ξ (21% ▽)

• Steamboat Willie, floor of 0.12 Ξ (49% ▽)

• CALIVERSE Pioneer, floor of 0.13 Ξ (19% ▲)

🪅 Biggest Winners:

• Fido Dido Genesis Cards, floor of 0.095 Ξ (428% ▲)

• GPass, floor of 0.64 Ξ (237% ▲)

• Star Symphony Elder Pass, floor of 0.11 Ξ (129% ▲)

Other News

Web3 & Blockchain:

• BTC Genesis Block: 15 years ago yesterday, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”

• Etherscan: acquires Solana block explorer Solscan for “collaborative merging”

• Binance: flags several privacy coins as risk of being delisted, $XMR, $ZEC, $ZEN, & $FIRO

Crypto & Financial Markets:

• Ethereum Name Service, $ENS: surges 50%+ after Vitalik praises

• $IMX, $SAND, $AXS, $GALA: gaming tokens take a breather, pull back considerably amid Bitcoins 10% “flash-crash”

• $COIN, ARK Invest: offloads $25M shares, stock down 3%

• $USDC: momentarily depegs to $0.74 on Binance amid doubts of ETF approval, over $500M longs liquidated

• Goldman Sachs: institutions, regulation will mature digital assets in 2024

• CoinShares, Crypto Investment Products: $2.2B total inflows in 2023 with Bitcoin accounting for 86%

AI, Quantum & Emerging Tech:

• Chief Justice Roberts: warns that AI could “dehumanize” the law

Government, Policy & Regulation:

• South Korea: proposes prohibiting citizens from purchasing crypto using credit cards

• China: pumped $31B of capital into fragile regional banks using special-purpose bonds in 2023, sign of concern

• China’s Legal Daily: calls for crackdown on corruption, bribery using crypto & electronic payments

• US Gov’t Bitcoin Holdings: over $8B, up from $5B three months ago

• Security.org Poll: shows 21% of people not investing in crypto are more likely to with a Bitcoin ETF

Business, Corporate Strategy & Legal:

• RDC: to offer Bitcoin-backed securities that don’t need SEC approval

• Goldman Sachs: seeks to act as “authorized participant” for BlackRock, Grayscale Bitcoin ETFs

• Cipher Mining: acquires 16,700 new miners ahead of Bitcoin halving

• Wemade: owes $41M in taxes, unrelated to recent $100M Web3 fund

• HyperVerse CEO: seemingly doesn’t exist as two institutions find no record of “Reece Lewis”