gm - September 28th, 2022

gm 👋

Crypto markets overall give up the gains from yesterday, with Bitcoin falling back to $19.1k on elevated volumes of $50B today. Ethereum is -5.7% to $1313 on $18B as it follows suit. The Bank of France held an online panel with Jerome Powell, Christine Lagarde, and BIS’s Agustin Carstens on the topic of regulation in DeFi and stablecoins — Powell commented, “In any case, wherever [these crypto activities] take place, as DeFi expands and starts to touch more and more retail customers, there’s a real need for more appropriate regulation to be in place.”

NFT volumes were $15M on the day, with $10M in ETH-NFTs and $3M in Solana-NFTs. BAYC +MAYC printed $2.3M collectively, while CryptoPunks slides into second again with $1.5M in turnover. Dodoor NFT is a new collection to show up at the top with $725k on 516 transactions.

Check out our Dune dashboard for details →


NFT headlines:

Someone Borrowed $1.3M in Ethereum Using Mutant Ape NFTs as Collateral

Christie’s Goes Fully On-Chain With New Ethereum NFT Marketplace

OpenSea NFT Marketplace Adds Support for Optimism

MetaMask adopts custodial features for NFT-hungry institutional investors

NFT Trading Volumes Collapse 97% From January Peak

Disney’s Latest Job Posting Hints at Big Plans for NFT and Crypto Adoption

NFT art hits town with industry events and shows by collectors WhaleShark and Cordell Broadus

Exclusive: NFT video platform Glass raises $5M, led by TCG, 1kx


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