Daily Market Update 12/08

Top Stories

SZN2 Updates

📣 Announcements:

• Earn XP through “Direct Minting” on Mintify

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

• Now supporting Valeria Games, SuperRare, Reservoir, and Zora listings

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 10.61 $BTC Inscription #8

• 65 Ξ MVP #245

• 1,372 $SOL Mad Lads #3732

• 37.3 Ξ Superrare Erling Haaland

• 15.1 Ξ The Captainz #9883

🎉 Notable Mints (EST):

• 11:00 AM A.A. Murakami: ‘Between Two Worlds’ on Verse

• 11:00 AM Meme Card #177: ‘STOP GM’ by RARE SCRILLA

• 12:00 PM Ant Republic

• 12:00 PM Highlight presents: Base × Art Basel

⬆️ Top by Volume:

• Pudgy Penguins, floor of 11.22 Ξ (30% ▲)

• Lil Pudgys, floor of 0.98 Ξ (28% ▲)

• BAYC, floor of 29.53 Ξ (2% ▽)

⬆️ Top by Sales:

• Wanderers - RAM Beta Bundle, floor of 0.11 Ξ (15% ▽)

• Sprotoladys, floor of 0.06 Ξ (29% ▽)

• ANOMALY A.I. By Star Im, floor of 0.03 Ξ (17% ▽)

🪅 Biggest Winners:

• CyberKongz, floor of 0.9 Ξ (66% ▲)

• The Mounts Of Seedworld, floor of 0.33 Ξ (67% ▲)

• Gh0stly Gh0sts, floor of 0.15 Ξ (58% ▲)

Other News

Web3

• HYTOPIA: restructures on-chain control of uncirculated $TOPIA

• Cult & Rain: close it’s digital fashion company, citing market volatility

Blockchain

• Blocknative: launches ETH mempool explorer, protect from MEV bots

• Block ($SQ) reveals Bitkey: self-custody Bitcoin hardware wallet, app

• “Realm of Historia”: to tokenized historical Armenian, global sites on SOL

• MVC Developers: reveal upcoming BRC-20 DEX Q1 2024

Finance

• $ETH, $SOL: hit 19-month highs, $BTC stalls as traders rotate

• $RON, $BEAM: surge amid blockchain-based gaming speculation

• $BTC, $ETH: Deribit options notional open interest hit ATH of $23.6B

• Japanese Yen: fourth weekly gain against USD, hope for end of ultra-low rates

• Starknet Foundation: to allocate 1.8B $STRK “soon”

• Solana’s Kamino Finance: launch point system, potential future token

• Jito airdrop: lands SOL DeFi users $225M $JTO; favored the average user

• Bitcoin Shrooms: fetch bids in the tens of thousands at Sotheby’s

AI / Quantum

• Apple Launches MLX: for in-ecosystem training, deploying AI learning models

• Meta: launches “Purple Llama” AI security suite for White House commitments

• Microsoft: leaks claim new Windows packed with AI, GUI to command line

Government

• SEC: reportedly discussing “key technical details” with spot crypto ETF applicants

• BOE report: asset tokenization may contribute to financial stability risks

• El Salvador: kicks off crypto-based “Freedom VISA” for citizenship

Business

• Babylon Chain: secures $18M Series A for Bitcoin Staking protocol

• Phoenix: to acquire up to $380M hydro cooling from WhatsMiner

• Meanwhile Advisors: launch 5% yield BTC Private Credit Fund

• Hive Digital: 3,750 Bitmain S19J rigs paid for themselves in one year

• Binance: claims Abu Dhabi application withdrawal unrelated to US settlement

Legal

• Binance Founder CZ: must stay in the US until Feb. sentencing

• Montenegro, Do Kwon: to be extradited to the US, WSJ report