gm - December 3rd, 2022

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Bitcoin hangs around $17k, while Ethereum is flat at $1273. The total cryptocurrency market cap sits at $892B, barely changing over the past 48hrs. Stronger-than-expected jobs data for November added concern back into broader markets of further rate hikes despite previously favorable J-Pow comments on inflation. 263k jobs were added in November vs. the expected 200k figure, and unemployment stays at 3.7%. Incredibly, Maxine Waters commends SBF on Twitter, and invites him to a congressional hearing on the 13th!

NFT volumes are $16M on the day, with ETH-NFTs at $12M and Solana-NFTs near $2M. Gods Unchained had $800k on the day, putting ImmutableX in third in terms of blockchains. Otherdeed leads with $2M, while CryptoPunks and BAYC are each at $1M turnovers.

Snapshot of Blue-Chip NFTs

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NFT headlines:

ApeCoin risks 30% crash after APE staking debut in December

Opera Crypto Browser to enable instant NFT minting through launchpad

Uniswap Aims To Become Marketplace For ‘All Digital Assets’: NFT Chief

Magic Eden Launches Solana NFT Tool to Enforce Creator Royalties

Crypto winter is here — and NFT artist royalties are under threat

Former Starbucks and Amazon exec leading stealthy NFT search and discovery startup

Time’s Keith Grossman and the Lure of Web3 Media

Coinbase Pauses Plans for Bored Ape Yacht Club NFT Short Film Trilogy

The State of Web3 Film: How Royalties Help Visionary Artists Find Community