gm 👋
Crypto is softer over the weekend, Bitcoin down -1.2% to $19.9k and Ethereum is -2.6% to $1550. Lots of hot takes and newsletters to digest on the upcoming ETH merge, including the PoW merge.
NFT volumes were super light on the usual platforms, total volume at $13M with ETH-NFTs at $7M and Solana-NFTs at $3M. ImmutableX saw $1.3M in turnover, taking the top slot in terms of projects/collections. BAYC nowhere to be found in the top 5 today, MAYC makes it with $500k in volume. Sudoswap had around $2M in turnover over the past 24hrs, so there could be an argument real volumes are starting to shift over — however, it's still too early to tell if the momentum is going to carry through judging from user growth (still early days!).
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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NFT headlines:
Bankrupt HQ Trivia’s NFT reinvention scores $7 million seed round
Automated NFT Market Maker Sudoswap to Release Its Governance Token via Airdrop
Hacker Steals Bill Murray’s Crypto After $185K NFT Charity Auction
FIFA Launches NFT Platform on Algorand in Run-Up to World Cup
Disdain for NFTs in video games is part of a slow green revolution
Invisible Friends NFTs: A Guide to a Growing and Inclusive Collection
Do I really need another picture of an ape? NFT market slumps in August
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