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gm - October 3rd, 2022

gm πŸ‘‹

Markets are pretty relaxed and slow, as Bitcoin trades at $19.2k, flat vs. yesterday on $22B volumes. Ethereum is at $1300 on $7.5B β€” still much lower vs. the norm in terms of turnover. News is circulating that Mashinsky, the CEO of Celsius, had pulled out $10M right before they locked funds from withdrawal. Kim Kardashian paid $1.3M to the SEC to settle charges relating to her promotion of EthereumMax β€” a slap on the wrist.

NFT volumes are $12M in the past 24hrs, with ETH-NFTs at $8M and Solana-NFTs at $2M. RENGA takes the top spot with $1.7M on 379 transactions β€” continuing momentum for a second day. Kitaro World had volumes double to $650k with 2900+ trades on the day. Sorare and NFT All Day had $1M combined, proving sports has its place in NFTs.

Check out our Dune dashboard for details β†’Β https://dune.com/lhagiimn/cyan-market-dashboard

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NFT headlines:

Music NFTs a powerful tool to transform an audience into a community

NFT sales plunge in Q3, down by 60% from Q2

Apes still rule among the bears: NFT market falls for fifth straight month

What remains in the NFT market now that the dust has settled?

From medical coverage to credit cards services, the potential of utility NFTs going forward

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Please let us know your thoughts atΒ [email protected]

Buy an NFT now and pay later β†’Β https://dapp.usecyan.com/