The Morning Minute (12.9)Powered by @yeet⏰Top News:-Crypto majors fall 1-3%; BTC at $90,600-The CFTC to pilot tokenized collateral with BTC, ETH & USDC used as collateral-Saylor ($963M) and Tom Lee ($429M) both buy big last week-BlackRock files S-1 for ETH staking ETF ‘ETHB’-Stripe rolls out stablecoin payments across EVM networks🌎 Macro Crypto and Memes-Crypto majors are slightly red; BTC -1% at $90,600; ETH even at $3,130, BNB -2% at $888, SOL -3% at $133-ZEC (+11%), ADA (+3%) and DASH (+3%) led top mover ...

The Morning Minute (12.8)Powered by @yeet⏰Top News:-Crypto majors jump 2-4% into weekly open; BTC at $91,800-Beeple’s robot dogs go mega-viral at Art Basel; free NFTs now $35,000-Coinbase re-opens in India after 2-year pause-National Bank of Canada discloses $273M BTC position via MSTR-Doodles announce companion mint with doopie cubes, 25k supply🌎 Macro Crypto and Memes-Crypto majors are green and up 7-10% on the week; BTC +3% at $91,800; ETH +3% at $3,130, BNB +2% at $907, SOL +4% at $138-CC (+17%), ZEC (+ ...

Beeple's 'Regular Animals' now sit at a 11.5 ETH floor ($35,000)With $300,000 in trading volume over the past day https://t.co/HO11MXrD1X ...

In 2021, @dmitricherniak's Ringers #879, ‘The Goose’, gained viral attention with its seven-figure Sotheby’s sale.Today, he’s displaying Ringers, Polygon Etcetera, and Floor Ringer at Art Basel. OpenSea is proud to sponsor digital artists bringing their work to wider audiences. https://t.co/lcAxzBoukU ...

NFT Project Launch - Doodles announced the launch of its Doopies NFT mint [1] - The mint offers two types of cubes: Collector Cubes and Hyper Cubes [1] - Collector Cubes are priced at 1 SOL each [1] - Hyper Cubes are priced at 3 SOL each and offer a higher chance of obtaining rare evolutions [1] Market Sentiment - The market views Doodles as a leading NFT brand from the 2021 era, notable for not having previously released a companion collection [1] - The market anticipates the Doopies collection will feature high-quality art and world-building [1] Cube Specifications - Collector Cubes allow collectors to build a full set of all species and evolutions [1] - Collector Cubes can be claimed for OGs (Original Gangsters) and Dooplicators [1] - Hyper Cubes are designed for rarity enthusiasts, guaranteeing an evolution level of 3 or higher [1] - Hyper Cubes offer a 10x higher probability of revealing a 1/1 Mega Doopie [1]

Are the Gigachads the consensus best Beeple edition?Still somewhat obtainable at $64k floor (and one sold for $56k three days ago) https://t.co/WGjc3qrHev ...

NFT Market Analysis - Beeple's $POOP NFT has a floor price of $35,000 [1] - The total supply of $POOP NFTs is only 156 pieces, making it 64 times scarcer than Bored Apes [1] - Beeple's physical artworks trade for a minimum of $50,000 to $500,000 [1] Market Dynamics & Arbitrage - Art Basel distribution limited bot activity, favoring geographic privilege [1] - Traditional collectors are discovering that NFT secondary markets like OpenSea have only 25% fees compared to 20% gallery fees [1] - The difference in fees between traditional galleries and NFT marketplaces presents an arbitrage opportunity [1]

Core Viewpoint - The recent announcement by the China Internet Finance Association and six other associations highlights the risks associated with virtual currencies and illegal activities, emphasizing the need for public awareness and caution against scams and illegal fundraising activities [2][3]. Group 1: Risks of Virtual Currencies - Virtual currencies are not issued by monetary authorities and do not have the same legal status as fiat currencies, making them illegal for circulation within China [3]. - Air coins, such as π coin, lack substantial technological innovation and clear commercial applications, with serious issues related to fraud and market manipulation [3]. - Stablecoins currently do not meet customer identification and anti-money laundering requirements, posing risks of being used for money laundering and illegal fundraising [3]. Group 2: Regulatory Stance - The announcement reiterates that no institutions are allowed to engage in activities related to virtual currencies or tokenization of real-world assets [3]. - The financial management authorities in China have not approved any activities related to the tokenization of real-world assets, highlighting the regulatory stance against such practices [3]. Group 3: Historical Context - Previous warnings have been issued by the China Internet Finance Association regarding risks associated with NFTs and virtual currency trading, emphasizing the need for compliance with national laws and regulations [4]. - In April 2022, a call was made to curb the financialization and securitization of NFTs, and in May 2021, a warning was issued against virtual currency trading speculation [4].

Market Trends & Industry Dynamics - Crypto majors experienced a dip of 2-4% overnight [1] - Bitcoin is trading at $91,400, down 2% [1] - Ethereum is trading at $3,130, down 2% [1] - CFTC approved spot crypto trading in the US, starting with Bitnomial [1] - Solana and Coinbase's Base network were connected via a new bridge [1] Investment Opportunities & Potential Risks - Larry Fink mentioned sovereign wealth funds are accumulating Bitcoin [1] - XRP spot ETFs extended inflow streak to 13 days, approaching $1 billion AUM [1] - Twenty One, a Bitcoin treasury firm, got approval to list on NYSE with approximately $4 billion in BTC [1] - IMF warned stablecoin adoption could weaken central bank control [1] Memes & Onchain Activity - Memecoin leaders are mostly down 1-5%, including DOGE, Shiba, PEPE, PENGU, BONK, TRUMP, SPX, and FARTCOIN [1] - Aster completed its S3 ASTER buyback and burn of 77860000 tokens, with another 77860000 tokens locked [1] NFT Market - NFT leaders were mostly flat; Punks even at 3049 ETH, Pudgy down 1% at 533 ETH, BAYC even at 565 ETH [2]

Many creators have overshadowed the brands that they rep on CT.When I see an NFT these days, I usually don't think about the project, but rather about the top creators who use it as their pfp.Same is true for attention.Very few NFT projects get even 10% of the attention that their top pfp users get.Communities are increasingly forming around creators instead of brands.I see this particularly with NFTs at the moment, a major change that began in 2022 but is more obvious today than ever before ...