Daily Market Update 11/03

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

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 61.2 Ξ Victor Wembanyama Sorare NBA Card

• 61 Ξ CryptoPunks #4895

• 37 Ξ BAYC #5286

🎉 Notable Mints:

• 11:00 AM Meme Card #161: ‘ Ode to the Builders’ by Noealz

• 12:00 PM John Provencher: ‘over-time’ on Verse

• 03:00 PM Art Collector Pass by YAGAMIII

⬆️ Top by Volume:

• The Captainz, floor of 4.2 Ξ (27% ▽)

• BAYC, floor of 29.9 Ξ (5% ▽)

• The Potatoz, floor of 1.6 Ξ (16% ▽)

⬆️ Top by Sales:

• ANOMALY A.I. By Star Im, floor of 0.026 Ξ (73% ▲)

• Bit Rot, floor of 0.11 Ξ (98% ▽)

• Punks2023, floor of 0.031 Ξ (63% ▲)

🪅 Biggest Winners:

• Kubz, floor of 0.18 Ξ (50% ▲)

• Farm Land By Pixels, floor of 0.41 Ξ (37% ▲)

• Yogapetz, floor of 0.19 Ξ (37% ▲)

Other News

Web3

• BAPE x BAYC: launch exclusive apparel line fusing early 2000s streetwear nostalgia with avant-garde fashion

• Bloomingdales: launches holiday shopping in the metaverse, including its flagship store and a Willy Wonka experience

• Solana's Jupiter: reveals JUP token community airdrop and sale

• Treehouse: announced the IP acquisition of Origins Analytics

• SafeMoon: says its examining recent developments and will work to “address the situation as quickly as possible”

Blockchain

• MetaMask: adds bridging for many tokens from a single approval

• Aragon Association: will dissolve, distribute $155M to ANT holders

• National Bank of Georgia: picks Ripple Labs as its official tech partner for developing its CBDC

• Law professor Peter Yu: says the copyright and IP system is a prime candidate for blockchain integration

Finance

• Coinbase: reports $2.2M Q3 loss, beating expectations

• Block: reports $2.42B net revenue, beating expectations

• Analysts: speculate the probability of Hashdex's spot BTC ETF receiving approval over others due to its alternative approach

• DFSA: adds XRP, TON to list of recognized tokens, enabling DIFC financial institutions to transact with them

• Fidelity Director Timmer: "Bitcoin is a commodity currency that aspires to be a store of value and a hedge against monetary debasement; I think of it as exponential gold"

• Michael Saylor: says upcoming Bitcoin halving is "fairly unprecedented in the history of Wall Street," noting increased institutional demand

Artificial Intelligence

• Beatles': "Now and Then" from McCartney, Ringo, and Peter Jackson's team successfully produced John Lennon's signature voice with AI

• Brave Browser, Anthropic: launch Leo Premium generative AI assistant

Government

• Feds: seize $54M in crypto from leader of notorious NJ drug ring

• Singapore police: warn of new QR code WhatsApp phishing scam

Business

• Marathon Digital: began mining Bitcoin using siphoned excess methane gas

Legal

• SEC: seeks summary judgement in Do Kwon, Terraform case, stating, "No rational jury could conclude that Kwon was not liable for Terraform's violations"

• SBF prosecutors: tell the jury his post-collapse media blitz "was part of an effort to present himself as reliable," that his story is "made up" and they should "reject it;" "Don't fall for his lies, find him guilty"

• SBF: found guilty of seven fraud and conspiracy charges facing 115 years; Judge Kaplan will now determine SBF's sentence