Daily Market Update 1/31

Top Stories

SZN2 Updates

📣 Announcements:

• Mintify 2.0 is LIVE! Mobile-First Design, Enhanced Speed, 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:

• 2500 $SOL BOOGLE #083

• 105 Ξ Axie Infinity #4154

• 68 Ξ CryptoPunks #5631

• 11.34 Ξ CyberKongz #773

🎉 Notable Mints (EST):

• 11:00 AM Chris Levine: ‘Icons’ on LiveArt

• 12:00 PM AstrArk: Destiny TETRA 

• 01:00 PM Claire Silver: ‘corpo | real’ on BrainDrops

• 01:00 PM AmberVittoria x Kelly Milligan: ‘Balance’ on ArtBlocks

• 01:00 PM New Year, New Courtyard 

• 01:00 PM Chepertom: ‘Critical Point’ on Foundation

• 01:00 PM itsgalo: ‘BUFFERS’ on AlbaArt

• 03:00 PM P1A: ‘Journey to Be’ SHILLR Media Season 2 Burn #8

• 06:30 PM A-Mashiro: ‘Painting Over’ on Nifty Gateway

⬆️ Top by Volume:

• Doodles, floor of 2.2 Ξ (10% ▽)

• QBX Founders Key, floor of 0.48 Ξ (4% ▽)

• Wrapped Cryptopunks, floor of 70 Ξ (0%)

⬆️ Top by Sales:

• Rosentica: Starfall Travelers, floor of 0.099 Ξ (51% ▽)

• XOCIETY Frontier, floor of 0.1 Ξ (63% ▲)

• Pudgy Milady, floor of 0.087 Ξ (67% ▲)

🪅 Biggest Winners:

• Ether Cards Founder, floor of 0.082 Ξ (39% ▲)

• Mittaria Genesis, floor of 1.2 Ξ (22% ▲)

• Warlords of Champions Tactics, floor of 0.13 Ξ (18% ▲)

Other News

Web3 & Blockchain:

• Xai Gaming Network: Ecosystem to take shape as games prep launch, bridging for 2024

• ETH Dencun Upgrade: Feb. 7 Holesk launch before mainnet hard date

• Circle: issuing USDC on Celo Network, tokenized RWA endeavors

• Ripple’s Chris Larsen: $112.5M XRP hacked from his personal account, ZachXBT report

Crypto & Financial Markets:

• Grayscale: Bitcoin outflows continue to ease up as price rises, Arkham Intelligence report

• Ethereum NFT Indexes: outperformed spot ETH gains in Jan.

• Solana: rallies back above $100; 24-hour DEX volume tops ETH amid heightened network activity

• Sui: climbs into top 10 DeFi tokens less than one year after TGE

• Novo Nordisk: $500B market value amid increased Wegovy, Ozempic demand

AI, Quantum & Emerging Tech:

• WME: Vermillio partner to monitor, identify authentic client images to protect, monetize their likeness

• Vitalik: says developers should “tread carefully” mixing crypto & AI

• Poem/1: bedside clock powered by ChatGPT tells time with a new poem every minute; live on Kickstarter

Government, Policy & Regulation:

• Spanish Embassy in Bosnia X Account: potentially compromised, interacting with crypto projects

• Thailand SEC: new crypto-friendly regulations; retail can invest in asset-backed tokens with no limits, rules for custodians

• El Salvador: crypto remittances declined in 2023 despite Bitcoin price surge & government adoption

• China State Media: removes article on plans to merge bad debt asset managers with sovereign wealth fund “in the near future”

Business, Corporate Strategy & Legal:

• UMG: to pull music catalog from TikTok tomorrow after failing to reach deal over royalties

• Saudi Aramco: wont try to increase daily production to 13M barrels as crude oil demand falls

• Elon $56B Tesla Comp: voided by judge as board failed to prove “the compensation plan was fair”

• GRIID (GRDI): Bitcoin miner shares fall after Nasdaq listing & merger; expects to expand 68 MW capacity to 436 MW by year-end

• Dorsey’s Block: confirms beginning of planned 2024 layoffs & reorganization measures

• Transak: joins Visa Direct for real-time card withdrawals, crypto conversions