gm - January 9th, 2023
gm 👋
Crypto markets enjoy a mini-pump as ETH breaks through $1300 and Bitcoin punches through $17k. Ethereum trades at $1325 now, a +5% move in 24 hours. Bitcoin is relaxed at $17.3k, a +2% move on the day. Incredibly, FTX’s Alameda Research has contested Binance.US’s $1B purchase of Voyager — they are joined by the SEC, DOJ, and a few US states in questioning the liquidity of Binance.
NFT volumes normalize and are back below $25M in total. ETH-NFTs are $18M and Solana-NFTs are $5M. BAYC and MAYC make up $3.5M of the volume with about 60 trades. Azuki and Beanz combo also make it to the top today, with a combined $2M in volume across 450 trades, driven by mostly Beanz.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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NFT headlines:
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
YouTube star Logan Paul apologises for CryptoZoo project failure
NFT Marketplace SuperRare Cuts 30% of Staff: ‘We Over-Hired’
Now the NFT scams are over, here’s how the tech will become a big part of your life
