Daily Market Update 8/09

In Today’s Market Update, We Cover David Rubenstein Backing BTC, Grimes NFT Profits, BAYC Bicycle Cards, Fed Reserve Crypto Oversight, and More.

Author

Jake
August 09, 2023

Your daily crypto and NFT recap brought to you every morning by the Mintify team. Questions or feedback? Feel free to email us at [email protected].

Our Pick of Today’s Top News Articles

Billionaire David Rubenstein says BTC isn't going anywhere thanks to growing institutional interest

Bicycle Cards announces its licensed BAYC Playing Card collection

Grimes admits to making more from selling NFTs than through her music

Fed Reserve will expand oversight of US-regulated bank crypto activities

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints:

DeGods Season 3

The DeGods Season 3 Artwork will have a premium and luxurious style that is difficult to replicate.

It will include over 40,000 unique JPEGs attached to the DeGod NFTs, adding diversity to the collection without diluting it.

app.mintify.xyz/collection/degods-season-3

Floor ICONS: Oneirism (Daydream) by Rick Arcane

This week, Rick switches things up by creating both a light mode AND dark mode in-app experience.

Pack purchases include an edition of ”Oneirism (Daydream)”, and one lucky purchaser will get airdropped a 1/1 version of “Oneirism (Nightmare)”

app.mintify.xyz/collection/floor-icons-oneirism-daydream-by-rick-arcane

ArtBlocks: Subtle by William Stallwood

So delicate or precise as to be difficult to analyze or describe.

Perspective is everything. It is the lens through which our reality is formed.

It’s the filter through which we interpret and make sense of our experiences.

app.mintify.xyz/collection/subtle-by-william-stallwood

🔊 Top by Volume:
💨 Top by Sales:
🫰 Biggest Winners:
⛓️ NFT Volume by Blockchain:

  • ETH: $9.4M (12% ▲)

  • BTC: $271k (29% ▽)

  • SOL: $2.4M (85% ▲)

  • MATIC: $5.4M (576% ▲)

🪙 Top Tokens:

  • BTC: $29,908 (1.8% ▲)

  • ETH: $1,862 (1.4% ▲)

  • BNB: $244 (0.8% ▲)

  • XRP: $0.661 (6.1% ▲)

  • DOGE: $0.0759 (2.8% ▲)

📊 Market Stats:

  • Global Crypto Market Cap: $1.19T

  • BTC Dominance: 50.66%

  • BTC OI: $10.43B

  • Fear & Greed: 50

💹 Indices:

  • DOW: $35,319 (0.01% ▽)

  • S&P500: $4,496 (0.1% ▽)

  • NASDAQ: $13,836 (0.4% ▽)

In other news…

📰 Top Headlines:
Web3

  • Bicycle Cards announces its licensed BAYC Playing Card collection

  • Jack Butcher launches his Infinity Collection live for the public

  • Grimes admits to making more from selling NFTs than through her music

  • Edward Zipco, the founder of Superchief Gallery, seeks to connect 50 physical NFT galleries from around the world

Blockchain

  • Uniswap v3 integrates with Coinbase's Base

  • Circle releases programmable web3 wallets for easier crypto payments

  • Phantom Wallet is experimenting with auto-confirm transactions

Finance

  • Coinbase submits an offer to buy up to $150M of its outstanding 3.625% senior notes due 2031

  • Bitstamp seeks to scale its operations globally through fundraising advised by Galaxy Digital

  • Bitstamp will suspend tokens the SEC has alleged are securities for US customers (AXS, CHZ, MANA, MATIC, NEAR, SAND, SOL)

Government

  • Fed Reserve will expand oversight of US-regulated bank crypto activities

  • UK updates proposals for a regulatory regime for systemic stablecoins

Business
Legal

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