gm - September 5th, 2022

gm 👋

Crypto markets are trading on thin volumes as it stalls heading into the Ethereum merge next week (slated for 15th) and looking on at the macro headwinds in TradFi. Ethereum is hanging around $1600 on $9B of volumes. Bitcoin is just a touch under $20k on $24B of turnover. DXY index (USD index) flirting with 110, which would be the strongest dollar in pretty much the past two decades. USDJPY is already at 140 and EURUSD at 0.99.

NFT volumes look low again with $12M in total turnover, $6.8M of it on EVM and $1.8M on Solana. takes the top spot again with basically $2M exchanging hands. ENS guns to second place with $830k and Sorare closely following with $800k. Sudoswap separately has done $500k in volume so far today and ended yesterday’s 24hr bar with $720k in volumes.

Snapshot of Blue-Chip NFTs

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NFT headlines:

NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited

‘Blocker Bug’ Delays Highly Anticipated Y00ts NFT Mint

GOAT swap — we’re launching sudoswap for Solana

Metaversity Is In Session As Meta And Iowa’s VictoryXR Open 10 Virtual Campuses

LG Electronics launches NFT platform that lets users buy and sell digital artwork


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