gm - November 29th, 2022

gm 👋

BlockFi finally files for bankruptcy after spending all of 2022 denying a poor balance sheet. Crypto Twitter is now hunting for its next target, which seems to be Nexo — some aren’t giving up on Ethereum is back up to $1212, a +3.3% move in the past 24hrs. Bitcoin is relaxed at $16455, +1.5% on the day. Everyone’s favorite influencer, Mario Nawfal, announced he’ll be hosting SBF on a Twitter space on December 1st.

NFT volumes are high, surprisingly driven in part by Solana-NFTs, which posted $5M on the day. Claynosaurz buzzed on Twitter and saw its floor price fly, with volumes at $1.7M. DeGod follows right behind with $1.3M in turnover across 295 trades. ETH-NFTs were $10M in total, led by BAYC, MAYC, and Otherdeed which collectively had a $3.3M turnover.

Snapshot of Blue-Chip NFTs


NFT headlines:

Gary Vee-Backed NFT Startup Candy Digital Cuts Staff in Mass Layoffs

Deadmau5’s Pixelynx Unveils NFT Scavenger Hunt: ‘Rock Band Meets Pokémon Go’

Prada Drops A Timecapsule NFT Collection For Festive Season

Galaxis launches highly accessible NFT creation platform

Will NFTs Continue To Boom In Bear Times?

Lacoste Drops NFT in Virtual Store for Holidays