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Daily Market Update 8/14

Daily Market Update 8/14

In Today’s Market Update, We Cover Coca-Cola on Base, Friend Tech Activity Soars, Visa Crypto Payment Testing, PayPal’s Crypto Hub, and More.

Jake
August 14, 2023

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.

NFT Market Recap

💰️ Notable Sales:

60.00 Ξ CryptoPunks #5342
40.00 Ξ Ringers #234
14.00 Ξ Chromie Squiggle #6207

🎉 Notable Mints:

BrightMoments x ArtBlocks: 923 Empty Rooms by Casey REAS

923 Empty Rooms is an artwork about simulation and the history of visual representation and abstraction.

Each room is a space to explore. Each of the 923 unique rooms contains a simulated still life, an arrangement of forms.

app.mintify.xyz/collection/brightmoments-x-artblocks-923-empty-rooms-by-casey-reas

Verse: SPACE\TIME by loackme

Spatial patterns unfolding over time, complexity emerging from simple rules and algorithms, and fleeting moments perpetually repeating; these are the defining elements of each of the hundred animated loops comprising SPACETIME.

app.mintify.xyz/collection/verse-x-loackme

The Cameras by 0xdgb

The Cameras by 0xdgb. Ready to make your choice?

The Cameras are built on a brand new dynamic TransientLabs contract called Collectors Choice. It works in a very similar way to PatrickAmadon ’s Doppelgänger.

app.mintify.xyz/collection/the-cameras-by-0xdgb

⬆️ Top by Volume:

DeGods, floor of 6.44 Ξ (2% ▽)
BAYC, floor of 28.8 Ξ (1% ▽)
MAYC, floor of 5.85 Ξ (0.1% ▲)

⬆️ Top by Sales:

Doomsday: Settlers Of The Wasteland, floor of 0.03 Ξ (41% ▽)
FrENS, floor of 0.029 Ξ (18% ▽)
DeGods, floor of 6.44 Ξ (2% ▽)

🪅 Biggest Winners:

Milad Maker, floor of 0.03 Ξ (34% ▲)
LO-FI PEPE, floor of 0.077 Ξ (28% ▲)
Redacted Remilio Babies, floor of 1.08 Ξ (15% ▲)

⛓️ NFT Weekend Volume:

ETH: $15.78M (33% ▲)
BTC: $839k (4% ▽)
SOL: $2.1M (31% ▲)
MATIC: $1.9M (86% ▲)

🪙 Top Tokens:

BTC: $29,313 (0.2% ▽)
ETH: $1,843 (0.3% ▽)
BNB: $240 (0.2% ▽)
XRP: $0.627 (0.03% ▲)
DOGE: $0.0745 (2% ▽)

📊 Market Stats:

Global Crypto Market Cap: $1.17T
BTC Dominance: 49.67%
BTC OI: $9.87B
Fear & Greed: 50

💹 Indices (Futures):

DOW: $35,312 (0.1% ▽)
S&P500: $4,471 (0.2% ▽)
NASDAQ: $15,058 (0.3% ▽)

Other News

Web3

Frank DeGods shares his thoughts on the brand and web3
RTFKT opens up RSVPs for its Clone World Tour Meetups
Coca-Cola drops its Masterpiece collection on Base
Friend[.]tech activity soars, but lack of transparency raises red flags
Anon wallet "nd4.eth" has burned ~$8M worth of crypto and NFTs

Blockchain

Visa tests paying gas fees with fiat

Artificial Intelligence

Anthropic AI raises $100M from SK Telecom

Government

Canada seeks solution for seizure and storage of crypto and NFTs
Brazil to raise taxes on crypto held overseas
SEC delays its decision on the ARK BTC ETF

Business

PayPal will introduce a Crypto Hub for select users

Legal

SBF now awaits trial from jail
CFTC charges Fundsz with fraud
Sotheby's added as a defendant in Bored Ape celebrity class action lawsuit