In this episode of GM from GM Web3, the hosts discussed various news and updates from the markets. They had Frank degods on as a guest to talk about their migrations, and gdr, their first STUBS artist, gave insights into their pieces. The hosts also talked about the quiet few days in the markets, with equities opening up unchanged and interest rates selling off. They discussed the upcoming Payrolls data point and how OSF is keeping an eye on bank stocks and the financial services industry.

Regarding crypto, BTC saw a dip entering the morning and is down in the 27k range, while ETH is hanging in the 1700s. $ARB has been the token to watch as it launched with an airdrop last week but is also feeling the retrace sitting at ~$1.2. The hosts noted that banking stocks had a mini bounce but nothing crazy. They also discussed Nvidia's opinion on Crypto, saying processing power should be focused on AI.

In NFT news, prices were relatively stable over the weekend, with Punks and APE's creeping up slightly. Gucci and Yugalabs announced a multi-year partnership, and Gucci grail 10ktf pieces rallied a bit. They also discussed whether it is bad if a luxury brand like Gucci takes a large part of ownership for a big brand like Yuga.

The hosts also talked about Binance being sued by CFTC, and the migration of polygon/y00ts and DeGods/Eth. They announced that Frank degods will have a spicy announcement later in the week, and talked about the Paper Hand Bridge Tax PHBT, which is set at 33.3% and puts a royalties hit on the Solana chain diehards.

Finally, they featured their first STUBS artist, gdr, who considers himself a bridge artist, bridging different types of art and digital/physical together. His STUBS piece started with a 5x6 painting of the ledger, and there are two different pieces available for the STUBS claim.

Frank is on @ 30:03

GDR intro at 1:11:20

GM

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