Crypto markets are quiet over the weekend, with Bitcoin flat at $17.1k and Ethereum off a touch to $1265. Proving how incestuous the crypto industry is, it has come to light The Block was secretly funded by Alameda — CEO Michael McCaffrey has resigned as a result of $43M in loans uncovered. Another class-action lawsuit is in play, naming Justin Bieber, Paris Hilton, Jimmy Fallon, and others as co-conspirators in misleadingly promoting Yuga Labs’ BAYC.
NFT volumes are above $20M, with ETH-NFTs at $19M and Solana-NFTs is $1.5M. MAYC and BAYC each print $2.7M on the day, with 150+ trades going through. ApeCoin staking accruing starts on Monday as the pre-deposit period ends this week. Azuki has a $2.2M turnover across 135 trades and CloneX is strong with $1.8M — Blue-Chip NFTs had good interest in the past 24 hours.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard