gm - October 29th, 2022
gm 👋
Ethereum is strong over the weekend, up +7% to $1622 on a healthy $17B volume. Bitcoin follows, up +2.2% to $20.7B on $36B, and DOGE is up a whopping +25% to 14.5B in market cap as the Musk-Twitter deal settles in. Next week’s FOMC meeting in 4 days will be the real test of whether these prices stay. In lighter news, Twitter is abuzz with the prankster Rahul Ligma, who posed as a laid-off ex-Twitter employee and gave interviews to the press, properly trolling them.
NFT volumes are about $15M on the day, with ETH-NFTs at $9M and Solana-NFTs at $1M. ImmutableX sneaks in with $1M as Gods Unchained had an $800k day. Polygon-NFTs volumes are a total of $600k, mostly led by Reddit Avatars. Sorare is on top again with $900k of volumes, as it signs a $35M per year deal with England’s Premier League. On Crypto-Twitter it was highlighted one user with seemingly connected wallets had picked up about $1M worth of Blue-Chip NFTs, scattered across BAYC, MAYC, Doodles, Cool Cats, and other collections included in the Cyan Blue-Chip PFP Vault.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
...
NFT headlines:
LooksRare Irks NFT Creators by Dropping Mandatory Royalty Fees
What Does Apple’s Controversial NFT Policy Mean for Ethereum and Solana?
SEC’s Hester Peirce: Regulatory Ambiguity Means NFT Projects Must Be ‘Very Careful’
How Ted Cruz Accidentally Got Caught Up in a Publicity Stunt for an Adult-Themed NFT
Soccer Premier League Lines Up £30 Million Deal with Sorare NFT Platform
...
Please let us know your thoughts at [email protected]
Buy an NFT now and pay later → https://dapp.usecyan.com/
