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Crypto markets are softer again, as spot prices grind lower day by day this week. Bitcoin is now at $23,430, a -1.9% move on $30B of volumes. Ethereum is lower -2.4% to $1835, trading on a decent $17B turnover on the day. Rotation into meme coins continues with DOGE up close to 30% on the week. Little newsflow specifically for the space, outside of Genesis Trading letting go of 20% of their workforce and Celsius allowed to sell Bitcoin they’ve mined — and also their CEO Alex Mashinsky taking control of trading 3-months before declaring bankruptcy.

NFT volumes are $18M, with EVM-based NFTs at $14M and Solana-based NFTs at $1.1M. Yugalabs projects dominate the top 3, with BAYC+MAYC+Otherdeeds taking $5M of the volumes on the day after the BAYC Twitter account hit 1M followers. Doodles had a good volume day with $1M trading hands.

Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard

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NFT headlines on the day:

Why NFT Creators and Collectors Can’t Stop Talking About Artist Royalties

Blue chip NFT performance fails recovery, but investors HODL even harder

Could NFTs spark a photography revolution? Meet the innovators

What Is Dogechain? The So-Called Dogecoin ‘Layer-2’ for DeFi, NFTs and Games

CryptoPunks TV Show? Meebits Food Truck? Both Now Possible as IP Rights Get Released

FIRST LA FLOR DOMINICANA NFT HUMIDOR SELLS FOR $85,000

Unstoppable Domains Streamlines Use of Web3 Identities Through iPhone App

MTV Creates VMA Metaverse Space on Roblox to Attract New Viewers

OpenSea Changes Stolen NFT Policy Following User Outcry.

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