Daily Market Update 11/16

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:

• 80 Ξ CryptoPunks #3914

• 60.8 Ξ BAYC #2779

• 11.9 Ξ Azuki #2344

🎉 Notable Mints (ET):

• 11:00 AM Treeangles by nix.eth

• 12:00 PM FeralFile: ‘Exhibition 040: ‘GRAPH’ Curated by Casey REAS

• 12:00 PM Pindar Van Arma: ‘The First Sparks of Artificial Creativity‘ on SuperRare

⬆️ Top by Volume:

• BAYC, floor of 30.1 Ξ (0.5% ▲)

• The Captainz, floor of 4.7 Ξ (1% ▽)

• Nouns, floor of 24.3 Ξ (1% ▽)

⬆️ Top by Sales:

• Project AEON, floor of 0.13 Ξ (95% ▲)

• ANOMALY A.I. By Star Im, floor of 0.065 Ξ (9% ▲)

• Sofa Maker, floor of 0.14 Ξ (3% ▽)

🪅 Biggest Winners:

• 8liens, floor of 0.057 Ξ (80% ▲)

• Shrapnel Operators Collection, floor of 0.2 Ξ (38% ▲)

• DigiDaigaku Super Villains, floor of 0.29 Ξ (33% ▲)

Other News

Web3

• Animoca Brands Japan: to launch “Liar, Liar” character efigurine NFTs via San FranTokyo’s Weebox

• PancakeSwap: launches Gaming Hub, spurs developer community

• Blvck Paris, PSG: collab for exclusive sports-fashion physical, digital

• Dogami Academy: dog training, racing game launches rewarding $DOGA

• G2A: launches “Geekverse” gaming NFT marketplace

• SuperRare: launches lazy minting with Pindar Van Arman 12 PM ET drop

• DOGE community: plans sending physical Dogecoin to the moon

• Apple: to let EU iPhones install external apps to maintain regional Digital Markets Act compliance, presents fresh risk of malware

• CertiK, Solana: clash in “inaccurate” Saga phone security flaw report

Blockchain

• Researchers: test blockchain functionality under extreme radiation in space, speculate upcoming solar storm cycle disruption

• JPMorgan’s Onyx, Apollo Global: unveil proof-of-concept using Avalanche Evergreen subnet

• Manny Pacquiao Foundation: to implement Shibarium for fundraising, operational activities

Finance

• Boyaa Interactive: HK-based gaming company plans to buy $100M crypto

• Cathie Wood: praises Solana’s speed, cost-effectiveness, price rallies

• Philippines: to raise $180M through tokenized treasury bond sale Nov. 22

Artificial Intelligence

• Microsoft: announces Azure Maia AI Accelerator, Azure Cobalt CPU

• OpenAI: halts ChatGPT subscriptions, service use “exceeding” capacity

• Yi series LLM: open source, handles 200k tokens of context, exceeding Claude, GPT-4 Turbo

• Stability AI VP: resigns, contests “fair use” training generative models on copyrighted works

Government

• SEC: delays decision on Hashdex Bitcoin ETF conversion

• SEC: delays decision on Grayscale ETH futures ETF

• CFTC chair Rostin Behnam: agency is not in better position to prevent FTX-level collapse than a year go

Business

• BlackRock: files S-1 form for spot ETH ETF with SEC

• Infura, Microsoft, Tencent: “federated” group aim to decentralize infrastructure to avoid single point of failure

• BSN Spartan Network: launches with five founding members for “non-cryptocurrency” approach to stable networks

• Bakkt: assets under custody decline 28%, adds BCH, DOGE, ETC, LTC, SHIB, USDC

Legal

• Do Kwon: fake passport case denied by Montenegro High Court