gm - October 13th, 2022

gm πŸ‘‹

All eyes were on US CPI for September, which came in hot at 8.2% vs. the expected 8.1%. Markets reacted negatively (high inflation β†’ Fed taper β†’ less $ printing β†’ less liquidity β†’ market selloff) and dragged crypto along with it β€” Bitcoin is -4% to $18.4k on $28B and Ethereum is -6% to $1220 on $12B. Both look low volume-wise considering the move and are tame compared to volatile days back in September.

NFT volumes are lower to $10M, with ETH-NFTs at $8M and Solana-NFTs at $1.5M. New project YuGiYn topped the charts with $1.3M in turnover, with BAYC at $1M coming in second. CryptoPunks had 4 trades to print $350k, tied with Azuki in terms of volumes.

Check out our Dune dashboard for details β†’Β


NFT headlines:

New York Cares Non-Profit Highlights Using Web3 for Good With NFT Fundraise

NFT Infrastructure Company Gomu Closes $5M Seed Round

Five Charged in France With $2.5M Fraud Targeting Bored Ape NFT Owners

Axie Infinity NFT Game Loses 62% of Players in One Year

Excedrin aims to relieve digital headaches for women creators with Equal Bytes NFT program


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