Daily Market Update 11/20

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:

• 37 BTC Van Gogh's painting 

• 36 BTC Van Gogh's painting

• 36 BTC Van Gogh's painting

🎉 Notable Mints (ET):

• 11:00 AM Meme Card #168: ‘ By Any Memes Necessary’ by liboar

• 12:00 PM FRAGMENT by Movsum x Jesperish

• 12:00 PM Andreas Rau: ‘Echo, No Resonance (Mint Pass)’ on Verse

• 01:00 PM Data Drifts by ChainVirus

• 01:00 PM Empress Trash: ‘Blank Space’ on Rarible

⬆️ Top by Volume:

• DeGods, floor of 3 Ξ (7% ▽)

• BAYC, floor of 28 Ξ (5% ▽)

• Azuki, floor of 5.5 Ξ (10% ▽)

⬆️ Top by Sales:

• Blur Farmers, floor of 0.0055 Ξ (31% ▽)

• Sofa Maker, floor of 0.19 Ξ (17% ▲)

• PEPEMON TRADING CARDS, floor of 0.01 Ξ (50% ▽)

🪅 Biggest Winners:

• DigiDaigaku Heroes, floor of 0.94 Ξ (74% ▲)

• SERAPH Priority Pass Official, floor of 0.9 Ξ (33% ▲)

• This Thing Of Ours, floor of 0.9 Ξ (21% ▲)

Other News

Web3

• Nouns Dao-funded The Rise of Blues: shares second installment

• Jupiter: to airdrop $JUP to almost 1M Solana wallets next week

• Discord: to sunset Clyde AI beta “By Dec. 1”

• dYdX: bans “highly profitable” trading strategies, raises margin reqs. after “targeted attack” on $YFI longs liquidated $38M

• Poloniex: claims hacker identity is confirmed, offers final $10M bounty

Blockchain

• Nocturne: launches private accounts, dubbed “stealth addresses,” on Ethereum mainnet

• Mastercard: cant justify CBDC, customers too comfortable with cash

• OpenChat, Modclub: partner to test facial recognition in app, pushing for “proof of humanity”

Finance

• Crypto ETP volumes: surge 91%, outpacing underlying assets

• Republic: to issue retail investor profit-sharing digital asset on Avalanche

• Van Gogh: digital artworks on Bitcoin for 35 / 36 $BTC ($2.5M)

Artificial Intelligence

• OpenAI: fires Sam Altman, “not consistently candid in his communications with the board;” CTO Mira Murati named interim CEO

• OpenAI: appoints former Twitch CEO Emmett Shear as new CEO

• Microsoft: hires Sam Altman, Greg Brockman to head “advanced AI research team"

• Mastercard, Feedzai: partner to improve crypto fraud monitoring and blocking with AI

• Meta: reportedly dissolves responsible AI devision, restructuring

Government

• Argentina: Sergio Massa concedes, pro-Bitcoin Javier Milei wins presidency

• BIS study: stablecoins lack sufficient liquidity mechanisms for promise of par settlement

• SEC: delays decisions on Templeton, Global X spot Bitcoin ETF

Business

• Apple, Disney, others: pause advertising on X following Musk X replies

• Dapper Labs: clarifies Disney IP launch is licensed, Disney not directly involved in the collaboration

• Jump Trading, Wormhole: split as firm distances from crypto, employees leave to “run Wormhole as an independent entity”

• Osaka Digital Exchange: set to launch digital securities trading in Japan

• Santander: allows high-net-worth clients to trade Bitcoin, Ethereum

• Fidelity: applies for ETH ETF

• Wisdom Tree: adds Coinbase as custodian for Bitcoin ETF

Legal

• ENS developer: recently awarded Unstoppable Domains patent “contains no novel innovations of its own,” based on ENS developments

• Bithumb ex-chair: facing 8-year prison sentence; allegedly intended to use exchange's governance to circumvent financial regulations

• Atomic Wallet: asks US court to dismiss $100M suit over hack, claiming it has “no US ties”