Daily Market Update 12/04

In Today’s Market Update, We Cover Jupiter Airdrop, Grayscale on ETF Approval, BTC Surpasses Berkshire Hathaway, SEC Sanctioned, and More.

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

Jupiter: reveals $JUP airdrop allocations for $SOL DeFi users

Bitcoin: hits $41k, marketcap overtakes Berkshire Hathaway

US Space Force Major Jason Lowery: recognizes Bitcoin’s cybersecurity applications, suggests US explore PoW networks

Grayscale: confident on spot Bitcoin ETF approval, “when, not if”

SEC: misrepresented facts on DEBT Box, issued “show cause order,” faces sanctions

AstraZeneca, Absci AI biologics: partner to design antibody for cancer

SZN2 Updates

📣 Announcements:
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  • 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:
🎉 Notable Mints (EST):
  • 11:00 AM Meme Card #175: ‘Transactional’ by Bryan Brinkman

  • 01:00 PM Martijn Cohen: ‘Escherly Seeds’ on ArtBlocks

  • 01:00 PM Roope Rainisto ‘Rainisto Variations’ on Verse

  • 03:00 PM The Golden ratio by Harto

  • 03:00 PM Transient Labs x MakersPlace Miami

⬆️ Top by Volume:
⬆️ Top by Sales:
🪅 Biggest Winners:
⛓️ NFT Vol. by Blockchain (7D):
  • ETH: $104.9M (18% ▲)

  • BTC: $28.8M (54% ▽)

  • SOL: $42.8M (99% ▲)

  • MATIC: $5.4M (21% ▽)

  • IMX: $5.3M (5% ▲)

🪙 Top Tokens:
  • BTC: $41,581 (5% ▲)

  • ETH: $2,222 (3.3% ▲)

  • BNB: $228 (0.8% ▲)

  • XRP: $0.616 (0.5% ▽)

  • SOL: $60.81 (3% ▽)

📊 Market Stats:
  • Global Crypto Market Cap: $1.53T

  • BTC Dominance: 54.28%

  • BTC OI: $10.7B

  • Fear & Greed: 74

💹 Indices (Futures):
  • DOW: $36,176 (0.3% ▽)

  • S&P500: $4,571 (0.6% ▽)

  • NASDAQ: $15,854 (1% ▽)

  • FTSE100: $9,570 (0.5% ▲)

  • HSI: $2,118 (1.1% ▽)

Other News

Web3
  • Pixelmon: Nov. update details partnerships, game dev. progress, upcoming activations

  • Army of Fortune: $AFG launching early Dec.

  • Binance: re-opening withdrawals for several delisted tokens

  • Aqua: marketplace, wallet to shut down, users should withdraw funds

  • Kyberswap: treasury grant to reimburse exploit victims in USD

  • Velodrome, Aerodome: service provider, frontend compromised

Blockchain
  • Arbitrum DAO: approves $23.54M “backfund” for unfulfilled grants

  • Zodia Custody: joins Metaco’s institutional safekeeping, settlement network

  • Franklin Templeton: BTC ETFs lead to tokenization, democratize markets

  • Mantle: launches its liquid staking protocol, “targeting the No. 3 spot”

Finance
  • Analysts: debate Jan. 8 - 10 next chance for spot ETF approval

  • Terra ecosystem: rallies as speculators bet on LUNC, LUNA, USTC

  • North Korean hackers: stole $3B in crypto over six years; 10x countries exports earnings since 2021

Artificial Intelligence
  • Together: raises $102.5M Series A, Nvidia, Emergence Capital

  • Stability AI: SDXL Turbo generates images in under one second

  • Sam Altman: appears to admit existence of Q*, “no particular comment on that unfortunate leak”

  • Google: delays Gemini AI model release until next year

Government
Business
  • Coinbase: to integrate Solana and “other layer-1s that are very fast”

  • Tether: to build renewable energy facilities; on track for $4.5B profit

  • Binance CEO: company’s explosive growth led to compliance failures

  • Walmart: suspends advertising on X (formally Twitter)

Legal
  • NABU: seizes $1.5M in crypto from former gov’t official

  • SBF: not pursuing post-trial motions, reserves right for claims on appeal

  • ZachXBT: connects convicted SIM-swapper to 2022 Instagram scams

  • Platypus DeFi hackers: acquitted by Paris court, argued as “ethical hacker” and later returned funds

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