gm - October 4th, 2022

gm 👋

Markets are up and crypto twitter enjoys a day of green as Bitcoin is +4% to $19,950 on $29B of volumes. Ethereum is also +4% to $1350 on $9B. DXY is taking a breather (now ~111) after the latest ISM print comes in at 50.9 for September, down from 52.8 in August, prompting thought the Fed will start to shy away from raising rates and ease once more. Printer is Coming.

NFT volumes still hang around $12–13M, with ETH-NFTs at $9M and Solana-NFTs at $2M. Kitaro World takes the top spot at $1.2M turnover, as Renga falls off the charts. Sorare is second with $800k on 10k transactions and NFT All Day drops to sixth on $600k as Monday-Night Football awaits another week. Otherwise no significant standouts on the day.

Check out our Dune dashboard for details →


NFT headlines:

TIME President on NFT Haters: ‘I Don’t Understand the Politicizing of a Technology’

Rare David Bowie NFT Collaboration With FEWOCiOUS Sells for $127,000

Japanese prime minister says gov’t investment in digital transformation will include Metaverse, NFTs

Hugo Boss Partners Imaginary Ones for NFT Collection, Metaverse Expansion

NFT Artist Beeple Warns Discord Members of Wallet Drainer Exploit

Cryptoverse: Trading names in a mind-boggling crypto craze

Christie’s Auction House Announces On-Chain NFT Art Platform

Is This Ethereum’s Oldest NFT Project? Collectors Pile Into Early Domain Name App


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