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gm - September 2nd, 2022

gm 👋

A bit of a relief rally as job numbers in the US came in slightly worse than anticipated (some will say in-line), giving the market an excuse to pamp a little. Bitcoin makes it over $20k to $20,375 on a lighter $24B of turnover. Ethereum is +5% to $1640 on $16B of volumes. Notably, in crypto news, Crypto.com has backed out of a five-year $495M sponsorship deal with the UEFA Champions League.

NFT volumes still hover around $15M, with EVM-NFTs going at $10M turnover and Solana-NFTs back to $3M. Sorare takes the top spot with $1.3M in total traded, ImmuatableX with $1M, and the new hyped-up DigiDaigaku is $1M (raised funds bigly). Bored Apes collections collectively (Otherdeeds + MAYC too) were in total $1.5M volume on the day, a lighter turnover for sure.

Snpashot of Blue-Chip NFTs

Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard

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NFT headlines:

No one seems to want NFTs anymore. Here’s why (CNN)

Crypto winter? DeFi, Metaverse and NFT job market still hot — Recruiters

Andreessen Says Its ‘Can’t Be Evil’ NFT Licenses Will Help Avoid Legal ‘Ambiguity’

Unstoppable Domains partners with Skiff Email

Fireblocks Brings Its Suite of NFTs and Game Developer Tools to Solana

Bonus: ‘I Would Never Date a Crypto Guy Again.’ What Women Say About Dating in Crypto

New NFT Collections, source IntoTheBlock NFT Insights

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