Daily Market Update 8/22

In Today’s Market Update, We Cover an Anon Wallet Holding 118K BTC, Another Solo Miner Nabs the Full Reward, Coinbase Acquires a Share in Circle, Analysts Consider GBTC Discount Possibilities, and More.

Author

Jake
August 22, 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.

Top Stories

Anon wallet has accumulated 118k BTC worth ~$3.08B over the past three months

The Centre Consortium dissolved; Circle brings USDC in-house, and Coinbase acquires a minority share in Circle Internet Financial

Another solo miner has scored the full 6.25 BTC block reward

Analysts consider the possibilities for GBTC’s ~30% discount as the court prepares to deliver its ruling

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints:

ADIDAS Originals X BAPE ‘Fresh Forum’ Access Pass

Reinforcing the innovative nature of the collaboration, this ‘Fresh Forum’ launch is supported by the Adidas /// Studio (Three Stripes Studio) as a limited edition, product-linked NFT drop.

Each physical pair is also equipped with an NFC chip, placed in the left tongue, which provides the owner with access to the digital certificate of authenticity.

app.mintify.xyz/collection/adidas-originals-x-bape-fresh-forum-access-pass

KAIJU ORIGINS: The Journals of Stod - Replicator

STOD’s Journals will be an interactive journey and omnichain mint featuring STOD and the story surrounding the existence of Kaijuz — it will be the first touchpoint towards Kaiju V2 and an opportunity to collect amazing, interactive art.

A meticulously crafted Replication unit, ingrained with remnants of Stod’s Journals.

app.mintify.xyz/collection/kaiju-origins-the-journals-of-stod

Highlight × Fingerprints DAO: Base Onchain Summer

We’ve teamed up with Fingerprints DAO and Coinbase to introduce artwork from four brilliant generative artists to millions of new collectors. ‎Four accessible “open series” mints dropping on August 22.

“1,000 True Fans” by @lennyjpg “Fractal Tapestries” by @wowgreat “RUNAWAY” by @toThePixel “Crypto-Native” by @mwiederrecht

app.mintify.xyz/collection/highlight-x-fingerprints-dao-base-onchain-summer

⬆️ Top by Volume:
⬆️ Top by Sales:

🪅 Biggest Winners:

⛓️ NFT Vol. by Blockchain:

  • ETH: $10.23M (29% ▲)

  • BTC: $303k (8% ▽)

  • SOL: $1.24M (13% ▽)

  • MATIC: $914k (28% ▽)

  • ZORA: $1.38k (21% ▽)

🪙 Top Tokens:

  • BTC: $26,030 (0.2% ▲)

  • ETH: $1,660 (0.5% ▽)

  • BNB: $209 (0.5% ▽)

  • XRP: $0.517 (1.1% ▽)

  • ADA: $0.259 (2.5% ▽)

📊 Market Stats:

  • Global Crypto Market Cap: $1.05T

  • BTC Dominance: 49.19%

  • BTC OI: $7.44B

  • Fear & Greed: 37

💹 Indices (Futures):

  • DOW: $34,594 (0.2% ▲)

  • S&P500: $4,432 (0.5% ▲)

  • NASDAQ: $15,083 (0.7% ▲)

  • FTSE 100: $9,331 (5% ▲)

  • HSI: $2,270 (1.1% ▲)

Other News

Web3

  • Azuki and the Museum of Mahomes collab to release a physical trading card for Azuki holders

  • The Terra website has been frozen to protect its users against ongoing phishing scams

  • Crypto attorneys say Friend.tech will draw the SEC’s attention

  • Scientists reverse-engineered the Luna crash with the same techniques used to study particle physics

Blockchain
Finance

  • Analysts consider the possibilities for GBTC’s ~30% discount as the court prepares to deliver its ruling

  • Ark Invest names several companies as part of its “Sleeper Wave” of promising investment opportunities

  • An anonymous wallet has accumulated 118k BTC worth ~$3.08B over the past three months

Artificial Intelligence

  • YouTube releases “principles” for AI in the music industry

Government

  • Central African Republic expands its Sango blockchain project to tokenization of the counties land and natural resources

  • Coin Center provides suggestions for US lawmakers to consider in legislation regarding the taxation of digital assets

  • Kenya launches a committee to examine Worldcoin

  • Somalia bans Telegram, TikTok, and 1XBet in a move to counter and prevent indecent activities and extremism propaganda

Business

  • Coinbase raises the offer on its $150M debt buyback program after investors tendered just over $50M

  • The Centre Consortium dissolved; Circle brings USDC in-house, and Coinbase acquires a minority share in Circle Internet Financial

Legal
If you enjoy our curated Market Recaps, consider sharing and following us on socials!

© 2023 Mintify Inc / Twitter / Discord - Built with ❤️ and ☕️ in New York