Daily Market Update 11/27

Top Stories

SZN2 Updates

📣 Announcements:

• Earn XP through “Direct Minting” on Mintify

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

• Revealer 2.0, Blockaid integration, Custom Gas Presets, Site Actions

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 62 Ξ BAYC #4533

• 61.7 Ξ CryptoPunks #4658

• 60 Ξ CryptoPunks #6526

🎉 Notable Mints (EST):

• 11:00 AM Meme Card #171: ’Art Drop’ by DANA ULAMA

• 12:00 PM Angels & Demons – Curated by CoCollectors on Ninfa

• 01:00 PM Jiwa: ‘Axo’ on ArtBlocks

• 02:00 PM Elevate Heart by Daniel Calderon Arenas

• 06:00 PM 10101.art: ‘Turf War’ by Banksy

• 08:00 PM BTC Machine X Bitcoin Wizards (ANTI-VIRUS)

⬆️ Top by Volume:

• BAYC, floor of 30.1 Ξ (3% ▽)

• DeGods, floor of 3.6 Ξ (4% ▽)

• Moonbirds, floor of 2.2 Ξ (2% ▽)

⬆️ Top by Sales:

• LooksRare INFILTRATION, floor of 0.011 Ξ (2,900% ▲)

• Seekers Of Paragon, floor of 0.074 Ξ (1% ▽)

• Azuki Elementals, floor of 0.58 Ξ (14% ▽)

🪅 Biggest Winners:

• Opepunk By Doy, floor of 0.12 Ξ (779% ▲)

• The Plooshies, floor of 0.33 Ξ (106% ▲)

• Defimons Apartments, floor of 0.16 Ξ (45% ▲)

Other News

Web3

• Sky Mavis: to allow holders of select Axie’s to monetize it’s IP in merch store, user generated content, businesses

• PixelVault: to launch “BattlePlan!” in the next few weeks following play-testing phase

• Bankless, BanklessDAO: to separate two entities, burn governance tokens held by Bankless

• Unofficial Azuki DAO: rebrands to “Bean,” drops Zagabond lawsuit

• Game Wallet: founder puts project on hold

• Indexed Finance: plans reimbursement for 2021 exploit victims

• KyberSwap: hacker offers $4.6M bounty for return of remaining funds

• Nansen users: receive phishing emails following Sept. vendor breach

Blockchain

• Cosmos Hub: passes proposal to decrease maximum inflation rate, founder Jae Kwon calls for hard fork, $ATOM slips

• Antpool, Foundry: hashrate battle intensifies leading into halving, ETF

Finance

• $GBTC: discount to NAV trades in single digits, first time since 2021

• ARK Invest: sold 700k $GBTC shares in past month, holding 4.3M shares

• Matr1x game studio: raises $10M for NFT mobile shooter

• Farcana: secures strategic investment from Animoca Brands

• Blast: TVL hits $535M; responds to concerns; Paradigm critisizes launch, doesn’t “endorse these kinds of tactics”

• Robert Kiyosaki: “Get into gold, silver, Bitcoin now…. Before it’s too late”

• Jim Cramer: “If you like Bitcoin, buy Bitcoin,” analysts joke “inverse Cramer”

Artificial Intelligence

• HK: to use AI to fight superbugs, address antibiotic overprescription

Government

• CA Governor: calls for statewide generative AI training

• India: to set rules against deepfakes amid recent surges

• Argentina’s Milei: shutting central bank is “non-negotiable”

• Singapore: to restrict retail crypto speculation, new rules

• UK regulator: advocates for asset managers to tokenize funds

Business

• Adobe: acquires Rephrase.ai video startup

• Circle, SBI Holdings: partner to boost $USDC in Japan

• Raiffeisenlandesbank: to launch Bitcoin trading in 2024

Legal

• Tether, Bitfinex: drop opposition to NY FOIL request, not “wholesale release” of all documents

• Terra’s Do Kwon: extradition approved by Montenegro court, final decision on US or South Korea for trial TBA

• CZ: challenges US gov’t attempt to restrict travel before sentencing