Daily Market Update 11/09

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

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 109 Ξ BAYC #7485

• 89 Ξ Azuki #7242

• 69 Ξ Doodles #7560

• 42.1 Ξ Meebits #16077

🎉 Notable Mints:

• 10:00 AM DigiFineArt: The Keys to L’Atelier

• 12:00 PM John F Simon Jr: ComplexCity on ArtWorld

• 01:00 PM Matt DesLauriers: ‘Hachure’ on Verse

⬆️ Top by Volume:

• BAYC, floor of 32.3 Ξ (6% ▲)

• MAYC, floor of 6 Ξ (3% ▲)

• The Captainz, floor of 4.2 Ξ (9% ▲)

⬆️ Top by Sales:

• Fijis, floor of 0.08 Ξ (105% ▲)

• ANOMALY A.I. by Star Im, floor of 0.04 Ξ (20% ▽)

• TrekkiNFT, floor of 0.055 Ξ (21% ▽)

🪅 Biggest Winners:

• Adam Bomb Squad, floor of 0.061 Ξ (52% ▲)

• Deadfellaz, floor of 0.31 Ξ (45% ▲)

• Cool Cats, floor of 1.4 Ξ (35% ▲)

Other News

Web3

• Illuvium: coming to Epic Games store, token jumps in anticipation

• Gucci: opens Gucci Cosmos Land in The Sandbox, historical exhibit

• Yuga: “UV-A emitting lights” are responsible for eye pain and injuries

• MuesliSwap: DEX to open refund site “soon”

• Swedish Bitcoiners: are reportedly being targeted in physical robberies

• CoinSpot: hot wallet reportedly drained of $2.4M

Blockchain

• Arbitrum DAO: polarized over $2M Blockworks “Arbitrum Coalition” proposal; complaints over cost and potential conflict of interest

• Polygon, NEAR: team up for ZK prover for Web Assembly blockchains

• LidoDAO: launches official $wstETH on Base

• Ordinals: comeback sparks 970% fee rally; more volume than ETH

Finance

• Ritual: raises $25M Series A to fill crypto gaps with AI infrastructure

• ARK Invest: bought $9.5M $HOOD in preparation of EU, UK expansion

• Marathon Digital (MARA): beats Q3 earnings, misses revenue

• $FTT: jumps as Gary Gensler is open to FTX revival “within the law”

Artificial Intelligence

• OpenAI’s: GPT-4 Turbo combines chat, dall-E, vision, browsing, code

• Visa: debuts global AI advisory practice focused on generative systems

• Mozilla: acquired Fakespot Chat to offer real-time shopper assistance

• Microsoft: gets backlash over Xbox AI creator tools

• SAG-AFTRA: ends months-long strike in Hollywood “tentative deal”

Government

• 12 Bitcoin ETFs: get “brief window” for SEC approval until Nov. 17, analysts speculate

• SEC: said to open talks with Grayscale on its Bitcoin Trust conversion

• US lawmakers: propose bill barring feds from working with China-based blockchain firms, transacting with iFinex/$USDT

• US lawmakers: introduce bill to ensure the right to self-custody crypto

Business

• HSBC, Metaco: introduce institutional custody for tokenized securities

• ARK, 21Shares: partner to launch a Digital Asset ETF Suite

• Progmat, Mitsubishi UFJ Financial Group, Ginco: team up to issue yen, dollar-pegged “trust-type” stablecoins summer of 2024

• Ubisoft, Immutable: to develop Web3 games through its Strategic Innovation Lab

Legal

• Asif Kamal: CEO of Artfi, BAYC holder, threatens Yuga with legal action over ApeFest eye injuries

• SEC: Binance’s motion to dismiss its lawsuit has no basis in the law