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Daily Market Update 2/07

Daily Market Update 2/07

In Today’s Market Update, We Cover DeGods & y00ts x Wormhole, Bluesky Public Launch, US SEC on Securities Dealers, Craig Wright x COPA Case, and More.

Jake
February 07, 2024

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

Wormhole calls out DeGods and y00ts holders, saying, "It was never just a bridge." and prompting users to join their discord

Metamask integrates Robinhood, allowing users to access the company's low-cost order engine for buying Ethereum-based tokens

WeWork co-founder Adam Neumann seeks to buy the company out of bankruptcy, "partnering" with Third Point hedge fund

Jack Dorsey-backed Bluesky opens to the public after a year-long invite-only beta as decentralized social media Farcaster picks up steam

Craig Wright denies forging evidence he is Satoshi, cites self-plagiarism, poor multitasking skills, and more as an explanation for inconsistencies

US SEC widens its definition of a "dealer," noting DeFi protocols are not exempt from the required securities dealer registration

SZN2 Updates

📣 Announcements:

SZN3 is LIVE! Buy, Bid, List, Accept Offers on the Mintify Marketplace!
FUTR Multiplier! Our PFP FUTR now grants a multiplier on XP earned!
Curated Collections! Trade from these for maximum XP rates!
Find everything you need to know in our Mirror Article!

⏳️ What’s Up Next:

LootBoxes, Full & In-App Notifications, Wallet Tracking, Drag & Drop Modules, Sharing Custom Layouts, Creator Leaderboard, & More

NFT Market Recap

💰️ Notable Sales:

30.6 Ξ YOU THE REAL MVP #136
30 Ξ Doodles #6070
15 Ξ Deafbeef #86

🎉 Notable Mints (EST):

11:00 AM Daichi Mori: ‘Frogs of Yakushima’ on Verse
12:00 PM Pindar Van Arman: ‘Reflection’ on SovrnArt
01:00 PM Matt DesLauriers: ‘Sierra’ on Avant Arte
01:00 PM hiroji kotegawa: ‘Cyber Sea’ on Gamma

⬆️ Top by Volume:

Nobody, floor of 0.69 Ξ (6% ▲)
y00ts, floor of 0.67 Ξ (32% ▲)
Wrapped Cryptopunks, floor of 70 Ξ (0%)

⬆️ Top by Sales:

Brew Riders, floor of 0.009 Ξ (14% ▽)
TENJIN, floor of 0.43 Ξ (2% ▲)
Citizen Zero, floor of 0.34 Ξ (12% ▽)

🪅 Biggest Winners:

DeFrogs, floor of 0.53 Ξ (253% ▲)
Pandora, floor of 6.97 Ξ (68% ▲)
NFTrees, floor of 9.5 Ξ (59% ▲)

⛓️ NFT Vol. by Blockchain (24h):

ETH: $21.5M (18% ▲)
BTC: $7.4M (12% ▽)
SOL: $455k (39% ▽)
MATIC: $1.2M (1% ▲)
AVAX: $930k (1% ▲)

🪙 Top Tokens:

BTC: $ 43,057 (0.4% ▽)
ETH: $ 2,378 (1.3% ▲)
BNB: $ 303.81 (0.3% ▲)
SOL: $ 96.29 (0.7% ▲)
XRP: $ 0.504 (0%)

📊 Market Stats:

Global Crypto Market Cap: $ 1.67T
BTC Dominance: 52.5%
BTC OI: $10.1B
Fear & Greed: 62

💹 Indices (Futures):

DOW: $38,780 (0.4% ▲)
S&P500: $5,004 (0.6% ▲)
NASDAQ: $17,814 (0.9% ▲)
FTSE100: $9,603 (0.4% ▽)
HSI: $2,051 (0.3% ▽)

Other News

Hedera signs a $250M, five-year agreement with the Saudi Ministry of Investment to launch the DeepTech Venture Studio
Prometheum, the only US-registered crypto securities platform, plans to begin custody operations with Ethereum in the coming months
Microstrategy acquired another 850 BTC ($37.2M) in Jan., bringing holdings to a new total of 190k BTC ($8.2B)