Daily Market Update 11/02

Top Stories

SZN2 Updates

📣 Announcements:

• Earn XP through “Direct Minting” on Mintify

• Progressive raffle roll-outs throughout the SZN

• Increased Daily Seasonal XP Limit: 100 XP → 1,000 XP

• XPStore rewards entry limits; optimizing for overall fairness

• Some SZN2 Rewards: Real World Experiences, NFTs from Yuga, Azuki, Cool Cats, Pudgies, Memes by 6529, Mintify, Opepens, various prominent artists like Vinnie Hager, and multiple Cash Prizes

🎟️ XPStore Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 60.4 Ξ BAYC #3511

• 37.7 Ξ The Captainz #3046

• 30.5 Ξ Otherdeed Expanded #4310

⬆️ Top by Volume:

• BAYC, floor of 30 Ξ (6% ▽)

• MAYC, floor of 5.8 Ξ (2% ▽)

• BAKC, floor of 1.7 Ξ (9% ▽)

⬆️ Top by Sales:

• ANOMALY A.I. By Star Im, floor of 0.009 Ξ (81% ▲)

• CREYNIUMS, floor of 0.007 Ξ (75% ▽)

• Gruffters, floor of 0.15 Ξ (46% ▽)

🪅 Biggest Winners:

• Sakura Park, floor of 0.13 Ξ (86% ▲)

• VVv Season 1, floor of 0.69 Ξ (38% ▲)

• Ey3k0n First Edition, floor of 0.075 Ξ (30% ▲)

Other News

Web3

• Atari, Members Only: collaborate to drop jackets for ARC NFT holders

• Amazon Prime Gaming, WAX: partner for "Brawlers" in-game content

• Sky Mavis, ACT Games: partner to bring all ACT titles to the Ronin network, starting with TCG Zoids Wild Arena

• Memeland: $MEME will be listed on Binance on Nov. 3 8:00 UTC

• Elon: on "Joe Rogan Experience" says NFT artwork should be on-chain; Ordinals enthusiasts rejoice

• UK NCA: recruiting six specialist crypto investigators

Blockchain

• Nym Technologies’: decentralized NymVPN planned to launch Q1, 2024

• Shiba Inu: rolls out its SHIB Name Service on its Shibarium L2

• Maple Finance: expands to Base

• Visa, HK: complete CBDC pilot with HSBC and Hang Seng Bank

• Swiss National Bank: to pilot a tokenized Swiss franc with SDX

Finance

• Federal Reserve: leaves rates unchanged

• MicroStrategy: bought another 6,067 BTC for $167M

• FTX: unstakes $67M SOL as price surges to 14-month highs

• ProShares: launches its short ETH-linked ETF under ticker SETH

• Coinbase: US Advanced customers can trade nano BTC, ETH futures

• Bitcoin RSI: flashes bullish momentum in rare macro signature

• Dormant Satoshi Era Bitcoin Whales: awaken, transfer $230M BTC

• Trader: exploited brief Multichain opening to turn $280k into $1.9M by swapping for depegged assets on FTM and selling them on ETH

Artificial Intelligence

• Scarlett Johansson: plans legal action against AI deepfake ads

• Global leaders, EU: sign international declaration to promote AI safety

Government

• HK SFC: issues instructions for asset tokenization

• UK FCA: publishes guidance on its new crypto advertising rules

• Abu Dhabi Global Market: introduces regulations for DLT foundations and organizations

• Japan’s Fumio Kishida: plans $113B stimulus to tackle high inflation, record-low approval

Business

• PayPal: secures crypto registration with the UK's FCA

• Tether: issues $610M debt financing to Bitcoin miner Northern Data following an undisclosed amount invested in Sept.

• SGKB, SEBA Banks: partner to offer BTC, ETH custody and trading for customers in Switzerland

Legal

• PayPal: reveals subpoena from SEC over its PYUSD stablecoin

• Kalshi: sues CFTC for denying its betting contracts on which party will control congress, arguing its use for hedging uncertainty

• SafeMoon executive team: arrested, charged with multiple fraud counts

• SBF prosecutors: claim SBF "doubled down" on using customer funds when purchasing $2B Binance stake in FTX

• SBF prosecutors, defense: clash in closing arguments; feds say SBF ran a "pyramid of deceit," defense says SBF acted "in good faith" but "should've had a better-built-out risk management system"