Crypto markets enjoy a massive move up, with both Bitcoin and Ethereum up 6% in the past 24 hours. Bitcoin punches through $18k and is now at $18.3k, while Ethereum trades at $1410. Total crypto market cap inches towards $1T again, with it currently at $927B. As the US inflation rate slows to 6.5% (I guess that’s slow?!), USD makes moves and softens with USDJPY heading lower to 129.7. In a domino of centralized lender scrutiny, Nexo is now the target of Bulgarian authorities for money laundering and tax violations — a user on the platform has been identified as funding terrorism and utilizing Nexo to move funds around.
NFT volumes spike, along with high spirits in the crypto markets. ETH-NFTs are at $30M, and Solana-NFTs are $4M. MAYC, BAYC, and BAKC make up the top three with a combined $11M in turnover across nearly 500 trades. Yuga put out another tweet update on a new mint and details behind their new mini-game. Mutant Hound Collars and Azuki both print $2M on the day.
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