Daily Digest 9/1

Insight on the biggest news and charts that provide context for whats going on in the market today.

The CryptoPunks creators, Larva Labs, has signed a deal with United Talent Agency to represent their intellectual property deals for CryptoPunks in movies, video games, and publishing.
Other Larva Labs projects such as Meebits and Autoglyphs are also a part of the deal.
Sice 2017 CryptoPunks have generated $1.18 billion in sales.
Visa and other big names have also recently bought into the first NFTs on ETH.

VeChain has reached a milestone by surpassing 10 million blocks on the mainnet. The foundations says it is “testament to our public blockchain’s scalability, security, and rock-solid stability”.
VeChain has made some really strong partnerships with Walmart, Jones Lang LaSalle Incorporated and have also started an initiative to help companies report carbon footprint data.
In the coming months VeChain will also be looking to upgrade their proof-of-authority to 2.0.

This would be nice to see as NY is the strictest state in the US when it comes to doing crypto operations.
Republican New York mayoral candidate, Curtis Sliwa, tweeted that he will be looking to add more crypto ATMs and incentives for businesses that will accept crypto.
Democratic candidate, Eric Adams, is also claiming he wants to make NYC “the center for bitcoins”

Social volume has been increasing slowly since the middle of July. Since it has seemingly been mostly positive sentiment we can make a plausible connection to the rise in price. Sentiment is euphoric at the moment that could be enough alone to push to 50K.

Matic Daily Analysis