gm - August 23rd, 2022
gm đź‘‹
Crypto markets appear to be quiet on a macro level, with Bitcoin unchanged on the day sitting at $21.4k with under $30B turnover. Ethereum bounces back +3% to recover yesterday’s losses to trade $1640 on $17M of volumes. Attention circulates around SEC’s Gary Gensler’s recent stance on crypto via Twitter, with even Mark Cuban chiming in and throwing shots — basically Gary hasn’t made it clear on regulating crypto, thus causing a stir among CT. He really doesn’t have a solid motivation to make things binary, so it is to be expected.
NFT volumes are basically the same on the day, with $18M trading hands in total with EVM-based NFTs grabbing $16M of it and Solana-based NFTs at $1.1M. BAYC holds the top spot with a $1.6M turnover as floor price recovers some and the best bid at 63 ETH. Pudgy Penguins continues to post strong numbers, also with a $1.6M turnover. Isekai Meta had its reveal last night and saw flippers bring the total turnover to $1.2M on the day. Sorare is quiet with $850k traded.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
...
NFT Headlines:
NFT Project SudoRare Disappears With Roughly 520 Ethereum in User Funds
BendDAO fixing NFT liquidations could lead to Bored Apes selling at a discount
Weekly Ethereum Staking Deposits Hit Record Low Just Weeks Before Merge
...
Please let us know your thoughts at [email protected]
Buy an NFT now and pay later → https://dapp.usecyan.com/
