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Daily Market Update 12/01

Daily Market Update 12/01

In Today’s Market Update, We Cover Kingship in Roblox, Pudgy Penguins x Nouns DAO, Goonz x Deeze, Okay Bears in ZARA, and More.

Jake
December 01, 2023

Your #1 NFT, Crypto, and FinTech News Aggregator. Curated daily by our in-house team of analysts. Listen to our podcast on Spotify or Apple Music.

Top Stories

Kingship: BAYC “supergroup” launches Kingship Islands game in Roblox

Okay Bears: clothing line hits ZARA stores in 74 countries

IRS: proposes new rules that require decentralized exchanges collect KYC

Pudgy Penguins, Nouns DAO: collab for physical toy drop on Dec. 8

Goonz, Deeze: collab for Burnt Boy, first art toy in Goonz World, worldwide free shipping

Mastercard: Dynamic Yield generative AI chatbot to assist online shoppers

SZN2 Updates

📣 Announcements:

Earn XP through “Direct Minting” on Mintify
“Snipe” and “Insane” gas mode presets for competitive trading
Revealer 2.0, Blockaid integration, Custom Gas Presets, Site Actions

🎟️ Active Raffles:

FUTR One 5x
Sugartown Oras #4847
Valhalla #8202
Meebit #4844
RESONANCE

y00t #1893
Opepen #14962
Chimpers #1528
Elev8 Member Pass

NFT Market Recap

💰️ Notable Sales:

64 Ξ CryptoPunks #7240
29.9 Ξ Otherdeed #83304
0.8795 $BTC BTC DeGod

🎉 Notable Mints (EST):

09:30 AM Piter Pasma: ‘Blokkendoos’ on fxhash x TENDER
10:00 AM Unigraphs by Nicole
10:00 AM Stone Nomads
11:00 AM Meme Card #174: ‘Bearmarket’ by Dutchtide
11:30 AM ippsketch: ‘Paradigm’ on fxhash x TENDER
04:00 PM Pixelord: 'AI GOD' on Foundation

⬆️ Top by Volume:

Moonbirds, floor of 2.5 Ξ (24% ▲)
Fortune Founder's Key By AOFverse, floor of 0.68 Ξ (0%)
Pudgy Penguins, floor of 7.7 Ξ (10% ▲)

⬆️ Top by Sales:

Perils Of Sēsē By All Seeing Seneca, floor of 0.22 Ξ (55% ▽)
ANOMALY A.I. By Star Im, floor of 0.05 Ξ (44% ▽)
AOI Engine, floor of 0.062 Ξ (7% ▲)

🪅 Biggest Winners:

Alterego: J6F1V8W3, floor of 0.87 Ξ (264% ▲)
The Lab: Scientists, floor of 15 Ξ (76% ▲)
Alterego: U2S4O1I8, floor of 0.35 Ξ (73% ▲)

⛓️ NFT Vol. by Blockchain:

ETH: $16.8M (19% ▲)
BTC: $8.1M (34% ▲)
SOL: $8.7M (9% ▽)
MATIC: $871k (24% ▽)
IMX: $795k (3% ▲)

🪙 Top Tokens:

BTC: $38,291 (1.6% ▲)
ETH: $2,077 (2.2% ▲)
BNB: $227 (0.1% ▲)
XRP: $0.606 (0.8% ▲)
SOL: $59.96 (0.3% ▲)

📊 Market Stats:

Global Crypto Market Cap: $1.44T
BTC Dominance: 53.18%
BTC OI: $10.5B
Fear & Greed: 71

💹 Indices (Futures):

DOW: $36,034 (0.1% ▲)
S&P500: $4,572 (0.1% ▽)
NASDAQ: $15,938 (0.3% ▽)
FTSE100: $9,495 (0.1% ▲)
HSI: $2,155 (1.3% ▽)

Other News

Web3

Starknet Foundation: confirms airdrop plans, snapshot already taken
Animoca Japan, Quidd: launch anime, manga IP collectibles

Blockchain

RARI Foundation: launches EVM-compatible testnet with royalties embedded into it’s nodes
Horizon Blockchain Games, Sequence: launch Builder for crypto-integrated game development
Reddit: renounces Moons contract, burns 98k tokens

Finance

DeFi, NFT activity: sees uptick amid improved crypto sentiment, JPMorgan report
Binance: bank custody pilot program goes live for institutions
$MSTR: purchased 16.1k $BTC in Nov. for $593M
Australian self-managed retirement funds: crypto allocation grows 400% in four years
Anon wallet: accumulates 12k $BTC ($455M) in weeks, whale or exchange cold storage

Artificial Intelligence

Microsoft: investing $3.2B in UK AI infrastructure, training

Government

SEC: opens for feedback on Fidelity spot ETF for 21 days
Brazil: Senate approves 15% tax on offshore crypto earnings, awaiting presidential approval

Business

Talos: institutional trading platform to begin accessing Uniswap liquidity
Hut 8, USBTC: complete merger, form new Hut 8 Corp (New Hut); shareholders receive 0.2 per share held
Circle: denies claims of illicit financing, ties to Justin Sun
Coinbase: received 3x enforcement requests in 2023 than 2020
Coinbase: still “not planning” any token for Base network
Tiger Global: marks down BAYC stakes by 69%, OpenSea by 94%
Seba Bank: rebrands to Amina Bank

Legal

Terraform Labs, Do Kwon: class-action lawsuit stands, fails to shift to arbitration

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