Daily Market Update 1/25

Top Stories

SZN2 Updates

📣 Announcements:

• New Activation! Lifetime Tier Key Holders get 30-Day Access to EAT!

• New Features! Orderbook, Favorites, Transfers, and More.

⏳️ What’s Up Next:

• Mintify ERC721C Marketplace with Listing & Bidding XP

• Creator Leaderboard, Loot Boxes, & more teasers

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 65 Ξ Axie Infinity 

• 48.6 Ξ YOU THE REAL MVP #44

• 22.7 Ξ Pudgy Penguins #6080

🎉 Notable Mints (EST):

• Playember

• 02:00 PM Memory Blocks by dailofrog

• 06:30 PM Iness Rychlik: ‘The Awakening’ on NiftyGateway

⬆️ Top by Volume:

• Wrapped Cryptopunks, floor of 70 Ξ (9% ▲)

• Azuki, floor of 7.23 Ξ (1% ▲)

• Doodles, floor of 2.77 Ξ (19% ▲)

⬆️ Top by Sales:

• Zokio, floor of 0.074 Ξ (63% ▽)

• Pudgy Milady, floor of 0.055 Ξ (9% ▲)

• Hen House, floor of 0.03 Ξ (8% ▽)

🪅 Biggest Winners:

• Distortion Genesis by Nullish, floor of 0.79 Ξ (164% ▲)

• Decal by XCOPY, floor of 3.33 Ξ (85% ▲)

• Sparkle Book of Destiny, floor of 1.15 Ξ (77% ▲)

Other News

Web3 & Blockchain:

• Solana Labs: launches Token Extensions for advanced functionality, helps enhance utility and compliance of tokens on Solana

• Polygon Labs: new “aggregation layer” to create a “web” of networks set to launch next month

• SatoshiVM: uses trendy buzzwords in marketing, controversy after influencers dump tokens; community advises caution

• Saga DAO: community-run fan club for Solana Saga loses $60k SOL, 70% of treasury; only required one of twelve active multisig signers

Crypto & Financial Markets:

• Bitcoin: could see heightened demand in 2024 “with US Fed Reserve likely to cut rates,” CoinShares report

• GBTC: moved over 100k Bitcoin to exchanges since spot ETFs launched; FTX estate recently sold its 22M GBTC shares

• Solana Dialect: launches “conversational” trading bot in telegram using ChatGPT

• Tesla: falls on missed Q4 earnings, warns growth rate to be “notably lower” than 2023

• Worlds Largest Uranium Miner: shortages over next two years; Uranium could rally beyond 16-year highs

AI, Quantum & Emerging Tech:

• Jason Rohrer: refutes “Eternal You” documentary depicting his work, saying interactions with his AI model were taken out of context

Government, Policy & Regulation:

• BoE: Digital Pound legislation to include privacy, control of money protections

• SEC: delays its decision on BlackRock’s spot Ethereum ETF application

Business, Corporate Strategy & Legal:

• Tesla: Bitcoin holdings unchanged in Q4, holding over $387M

• Sygnum: Swiss crypto bank secures $40M round with $900M valuation

• Judge: blocks CZ’s request to travel to UAE despite offering $4.5B Binance equity as security