gm - January 18th, 2023

gm 👋

Crypto markets look upbeat again, with Bitcoin trading at $21.5k, a +1% move on the day. Ethereum finally reached $1600, a modest +0.5% gain in 24 hours. The US is going to hit its pre-determined debt ceiling of $31.4T this Thursday, with even Yellen this time calling for a more prudent approach to debt. DCG has suspended dividend payments until further notice, adding to the already stressed situation of Genesis and Gemini.

NFT volumes reach $25M on the day, with ETH-NFTs at $20M and Solana-NFTs at $5M. MAYC, BAYC, and BAKC are at the top once again with a total of $7M. CryptoPunks makes an appearance, a first in a while — $900k trades on just 5 transactions. Azuki and Beanz are a combined $1.3M on the day.

Snapshot of Blue-Chip NFTs

Check out our Dune dashboard for details →



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NFT headlines:

First National Geographic NFT Launch Meets Massive Backlash, Technical Issues

Yuga Labs Launches Dookey Dash Skill-Based NFT Game

Wallets of NFT influencer drained in OBS malware attack

Arknights Developer Sends Cease & Desist Letter to NFT Anime Project For Copyright Infringement

China NFT platforms expand into Hong Kong in face of compliance risks on mainland

Masa Finance Brings Soulbound Tokens to Ethereum. Here’s What to Know

Japanese Tax Agency Wants to Tax NFT Sales and Crypto Gaming Profits