gm 👋
Bitcoin continues to gain, adding another +2% today to trade at $21.2k. Ethereum follows close behind, also up +2% to $1570. The average trade size on Binance has increased from $700 to nearly $1000 since January 8th, indicating the pick-up in interest. Binance has also burned $600M of BNB as part of its quarterly burn program.
NFT volumes pierce through $30M, with ETH-NFTs at $25M and Solana-NFTs at $6M. MAYC, BAYC, and BAKC dominate the top three slots with a combined $10M in turnover. The claim for sewer passes to the Dookey Dash GameFi by Yuga starts today, as a skill-based mint for NFTs.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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NFT headlines:
S. Korean court says NFT game items are speculative, adds on to P2E ban
DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds
Ushering in a new era of Web3 gaming by making Play-to-Earn sustainable
China’s first national NFT marketplace to launch next week: Report
A look back at the collapse of Donald Trump’s NFT collection