gm 👋
Crypto enjoys a solid move higher, with Bitcoin up 4.5% to $21.2k on a whopping $392B of volume (possible squeezes). Ethereum is up 7% to $1658 on $29B of volume. US unemployment came in at 3.7% vs. the expected 3.6%, suggesting the Fed may reverse course and lessen the aggressive push for higher rates (but 261k jobs were added vs. 200k expected?). Tim Draper is on the horn making Bitcoin price predictions of $250k by mid-next year.
NFT volumes look higher than normal at $25M, as Art Gobblers only have $3.3M of turnover on the day (vs. the $15M+ these past two days). ETH-NFTs are $20M, Solana-NFTs at $3M, and ImmutableX at $1M. Keepers jumps to second with a $3M turnover on ~5000 trades, while Terraforms gains momentum and is at $2M on 16 trades. y00ts jumps back into the top with a $1.9M turnover, carrying Solana volumes. The CEO of DigiDaigaku game studio's Twitter account was hacked and led users to a website for a fake WL — it seems Monkey Drainer was behind the attack again, but only managing to get $30k this time around.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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NFT headlines:
Europe’s ‘First’ NFT Vending Machine Gets Cold London Reception
NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
NFTs, Crypto Stolen After Web3 Gaming CEO Gabriel Leydon’s Twitter Hacked
UK Parliament Group Starts NFT Inquiry as Crypto Scrutiny Grows
NFT Winter Isn’t Getting Any Warmer: Sales Down Another 25% in October
Crypto Exchange Kraken Launches ‘Gasless’ NFT Marketplace
Alchemy Launches NFT Allowlist Platform Spearmint for Ethereum, Layer-2 Projects
BAYC Owner Yuga Labs: Metaverse NFT Open Standards Coming ‘Very Soon’
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