Crypto market today

BTC - $17420 -1.77%. Bitcoin sank to the bottom of the sideways trend, a breakout is possible. Viola market in the red zone.

Growth leaders among altcoins are STX, NEO, CHZ.

Fall leaders are USDN, XCN, MV.

BTC dominance is 41.47%.

Altseason index 31.

 

Class action lawsuit filed against Yuga Labs.

The developers of the top NFT collection BAYC are accused of colluding with celebrities.

There are 37 defendants in the lawsuit, including Snoop Dogg, Paris Hilton, Justin Bieber, Gwyneth Paltrow and MoonPay.

Yuga Labs denies the allegations. Let's see if she and the stars can get out of this case as easily as Kim Kardashian.

 

New restrictions from the European Council.

The European Council has agreed on its position on the anti-money laundering regulation and the new directive:

Crypto transactions in excess of €1,000 will need to be verified by virtual asset service providers.

The limit of 10,000 euros is set for a single cash payment.

 

Dolce&Gabbana digital bears

A new NFT collection is about to appear on OpenSea. It features 2,000 digital bears dressed as Dolce&Gabbana.

With each token comes:

The right to exchange NFT for real DG gear (jackets, hats, t-shirts, sweaters).

Painting with purchased NFT-bear signed by artists InBetweeners.

Mint will be held on December 13 in three stages. First, for the owners of NFT inBetweeners and DGFamily Box, then - taking into account the whitelist, and what remains will be sorted out by the rest.
 

Hit Sam Bankman-Freed in the face with a cucumber and earn tokens

Drama Labs has launched the Slap SBF project, which allows you to hit the cartoonish former head of FTX with a cucumber, let off steam and earn DRAMA tokens.

You can also make cuts from videos, post funny messages on social networks, in general, create memes about Sam Bankman-Fried for a reward in tokens.

Ps. Why cucumber? This is a moment from one of SBF's videos showing him eating this vegetable with gusto. The video went viral and has now turned into a mini-game.

 

The Bank of England will order the development of a CBDC wallet for $245.2 thousand.

Contractor must within 5 months. make a website, a mobile application for Android and iOS, as well as a payment system.

The regulator does not plan to launch the wallet yet. Just testing. This initiative is part of the "Edinburgh reforms" that the UK is launching to revive the economy after Brexit.

 

FTX Crash Not the Worst Crypto Flop of 2022.

Chainalysis analysts analyzed the profit and loss charts of user wallets since the beginning of 2022.

It turned out that the bankruptcy of FTX brought much less damage than the collapse of Terra, Celsius and 3AC:

The collapse of the Terra ecosystem cost the market $20.5 billion in realized losses.

The collapse of Celsius and Three Arrows Capital - $ 33 billion.

History with FTX - $ 9 billion.

 

Fan-token BFT has fallen in price by 5 times

The defeat of the Brazilian national team at the 2022 World Cup collapsed the value of the fan token.

BFT is currently trading at $0.058. The daily trading volume is $105 thousand. A third of the issue is in circulation - 30 million tokens.

The token gives the right:

get players' autographs;

choose the music played in the stadium;

ride with the team if it reaches the final.

 

Argentina vs France Final Prediction: Who Will Win FIFA World Cup 2022 | Predict & Earn

The FIFA World Cup 2022 Final could prove to be a rollercoaster ride for crypto fan token investors. 

Argentina Football Fan Token Skyrockets

The fan token appears to be on the road to reach its new all time high in the lead up to Argentina’s second consecutive FIFA final. The high interest in ARG could also be attributed to the presence of football superstar Lionel Messi in the Argentina fold, making them favorites to clinch the trophy. As of writing, ARG price stands at $6.65, up 32.01% in the last 24 hours, according to price tracking platform CoinMarketCap.

This price range is not too far away from its all time high it reached ahead of the tournament start of $8.50. The Argentina fan token has been on a rising curve since the Lionel Messi team reached quarterfinals. In a trend that was below expectations amid an interest world cup, all fan tokens including ARG went stagnant in the middle of the tournament.