Daily Market Update 1/10

In Today’s Market Update, We Cover Otherside's Next Trip, Fake SEC ETF Approval, Fox x Polygon 'Verify', LaLiga, and More.

Your #1 NFT, Crypto, and FinTech News Aggregator. Curated daily by our in-house team of analysts. Listen to our podcast on Spotify or Apple Music.

Top Stories

Otherside: to return to the swamp in Feb., confirmed date TBA

Fox Corp, Polygon: launch AI deep fake authentication tool “Verify” for registered media origin & history

Bitcoin: falls after “compromised” SEC X account posts fake ETF approval; ETH rallies

LaLiga: launches “next-gen fantasy partner” and premint submissions

SZN2 Updates

📣 Announcements:
  • New Activation! Lifetime Tier Key Holders get 30-Day Access to EAT!

  • 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:
🎉 Notable Mints (EST):
⬆️ Top by Volume:
⬆️ Top by Sales:
🪅 Biggest Winners:
⛓️ NFT Vol. by Blockchain (24h):
  • ETH: $9.4M (11% ▲)

  • BTC: $16M (10% ▽)

  • SOL: $6.2M (26% ▲)

  • MATIC: $4.6M (20% ▽)

  • IMX: $761k (23% ▲)

🪙 Top Tokens:
  • BTC: $ 45,023 (3.9% ▽)

  • ETH: $ 2,379 (4.4% ▲)

  • BNB: $ 293 (3.1% ▽)

  • SOL: $ 93 (7.7% ▽)

  • XRP: $ 0.556 (1.5% ▽)

📊 Market Stats:
  • Global Crypto Market Cap: $ 1.70T

  • BTC Dominance: 53.8%

  • BTC OI: $10.0B

  • Fear & Greed: 73

💹 Indices (Futures):
  • DOW: $37,759 (0%)

  • S&P500: $4,790 (0.05% ▽)

  • NASDAQ: $16,819 (0.1% ▽)

  • FTSE100: $9,746 (0.4% ▽)

  • HSI: $2,061 (0.7% ▽)

Other News

Web3 & Blockchain:
  • Pixel Vault: BattlePlan officially goes live

  • TON Foundation: confusing post on “Notcoin”; “… a Notcoin has no market value”, but will “soon launch a TON-based digital asset”

  • Luke Dashjr, Proposal: to filter “spam” on Bitcoin (Ordinals) gets shut down; it was “inappropriately closed due to social attacks”

  • Gary Gensler’s Post: alerting of compromised SEC account inscribed to Bitcoin

Crypto & Financial Markets:
  • K33 Research, CME Open Interest: hits record $6.2B; investors may rotate for cheaper spot BTC ETFs as futures premium soars

  • K33 Research, Spot BTC ETF: may boost price; flips on “sell the news” bias following last week’s liquidation cascade

  • CryptoQuant, Bitcoin: miners increase sales amid high unrealized profits; price correction cannot be ruled out

  • VanEck: spot Bitcoin ETF market share likely to be distributed, not a “winner-take-all” market

  • 90% of Bitcoin: held in profit as price reaches $46k, up from 50% at start of last year

  • ETH Surges: as attention rotates in expectation of potential ETH ETF

  • $XAI: billed as a “layer-3” on Arbitrum; airdrop lands at $154M market cap

  • PayPal $PYUSD: traded in third largest Curve liquidity pool

  • Wintermute Report: reveals 400% rise in its OTC volume

  • Japan Nikkei: extends to 33-year highs, crossing 34k mark in first since 1990

AI, Quantum & Emerging Tech:
  • EU Regulators: weighing Microsoft $10B OpenAI investment for antitrust ramifications, potential full-scale probe

Government, Policy & Regulation:
  • US Senators: “express concern and request clarity” on SEC X hack

  • NYS Comptroller Report: NY DFS relies on outdated data on VASP, recommends doing a better job, NY DFS rejects the audit findings

  • UAE Fintech: investments soar 92% amid global 48% sink

Business, Corporate Strategy & Legal:
  • BlackRock, ARK 21Shares: follow competition, reduce proposed ETF fees

  • BitGo: in-principle approval for Major Payment Institution in Singapore operations

  • X Report: SEC did not employ basic security measures on its account when it was “compromised”

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