Daily Market Update 1/26

In Today’s Market Update, We Cover $MOCA Foundation, OCM $KARMA, Pudgy Penguins 2023 Achievements, Jupiter's $WEN Airdrop, 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

Moca Foundation: Animoca Brands, Mocaverse strategic launch partners for $MOCA

Pudgy Penguins: celebrates 2023 achievements, 750k toy sales

Drift Protocol: launches points program ahead of token airdrop, rewarding for platform activity, trading volume

OnChainMonkey: $KARMA airdrop for Genesis OCM holders

Jupiter $WEN: to debut on LFG launchpad today; 70% of supply distributed equally to over 1M wallets

NextCypher: Star Trek actor, director Jonathan Frakes for “Deathlands” novel adaptation with Web3 tools

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:
🎉 Notable Mints (EST):
  • 10:40 AM Meme Card #192: All Your Bitcoin by 6529 and 6529er

  • 12:00 PM Farcana Ordinals

  • 03:00 PM HAHA Glitchframes

  • Jan 28 03:00 PM Remnants of a Distant Supernova by Nullish

⬆️ Top by Volume:
⬆️ Top by Sales:
🪅 Biggest Winners:
⛓️ NFT Vol. by Blockchain (24h):
  • ETH: $10.4M (6% ▲)

  • BTC: $10.9M (47% ▲)

  • SOL: $6M (6% ▲)

  • MATIC: $1.5M (37% ▽)

  • AVAX: $1.3M (3% ▽)

🪙 Top Tokens:
  • BTC: $ 41,235 (3.4% ▲)

  • ETH: $ 2,260 (2.8% ▲)

  • BNB: $ 302 (3.1% ▲)

  • SOL: $ 91.42 (4.8% ▲)

  • XRP: $ 0.520 (2.3% ▲)

📊 Market Stats:
  • Global Crypto Market Cap: $ 1.61T

  • BTC Dominance: 52.1%

  • BTC OI: $9.9B

  • Fear & Greed: 49

💹 Indices (Futures):
  • DOW: $38,221 (0.1% ▲)

  • S&P500: $4,915 (0.2% ▽)

  • NASDAQ: $17,528 (0.6% ▽)

  • FTSE100: $9,703 (0.8% ▲)

  • HSI: $2,048 (0.6% ▲)

Other News

Web3 & Blockchain:
  • Pixels: giving away NFTs, $RON, & in-game VIP membership coupons

  • AltLayer: airdrops 300M $ALT to NFT holders, ecosystem users

  • IOTA: confirms upcoming IOTA EVM, alpha version debut; recommends staking tokens on IOTA EVM by Q2

  • Dymension CEO: mainnet soon, expects “rollup summer” like ICO boom

  • Celo: begins financial discussions for ETH L2 migration with blockchain partners

  • BitcoinOS: “public good” scaling solution; “sovryn rollups” uses Bitcoin as data availability layer, ZK rollups require smart contracts

  • ETH Developers: target late Feb. to early March for Dencun upgrade

Crypto & Financial Markets:
  • Bitcoin ETFs: first bearish trend, GBTC outflows overtake overall inflows

  • JPMorgan Report: GBTC Bitcoin selling pressure may be largely over following 20% drop since ETF approvals

  • Deutsche Bank Survey: many retail investors expect Bitcoin below $20k by year-end, 42% “anticipate its disappearance” over time

  • Grape Coin: launch on ETH through Layer Zero; first deployed on BNB

AI, Quantum & Emerging Tech:
  • Palantir Co-Founder: AI agents may be an important future “buyer” of crypto, used in conducting financial transactions for operators

Government, Policy & Regulation:
  • US Govt.: to sell $117M BTC seized from Silk Road drug trafficker

Business, Corporate Strategy & Legal:
  • Apple: allowing alternative browsers to run on iOS in EU to meet new regulations

  • Microsoft: cuts 1,900 Xbox, Activision Blizzard staff after becoming second company to hit $3T valuation

  • Swan: Bitcoin mining unit expected to raise computational power 44% by March; parent company seeks IPO in next 12 months

  • UK Supreme Court: denies Craig Wright’s permission to appeal ruling in case against Peter McCormack; COPA “passes” on settlement offer

  • Pokémon Company: to investigate Palworld for “acts that infringe on intellectual property rights related to the Pokémon”

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