NFT Market - Weekly Update | January 4, 2023
A weekly recap of the most important news, trends, and market statistics covering the NFT sector.
NFT Indicators that Could Bring a Bullish 2023
Several factors may contribute to a bullish trend in the NFT market in 2023. This article will explore three market indicators that could potentially bring a bull run for NFTs in 2023.
Congressional Stock Trading in 2022: A Year of Scrutiny and Unusual Gains
Despite the tumultuous year of 2022, characterized by the worst market conditions since the financial crisis of 2008, politicians in the United States managed to outperform the market.
Iranian Crypto Miners Receive Seized Equipment
Iran's state property agency released some hardware from illegal crypto-mining farms. The agency's top executive said courts in the Islamic Republic, where unlicensed miners have caused power shortages, required that.
SushiSwap abandons project and sets new goal
Due to activity on the protocol dropping, resulting in a steep income decline, Sushi is abandoning its lending protocols and redirecting its growth efforts elsewhere.
Unemployment Rate and Non Farmers Payroll
Unemployment is when people don't have jobs. They don't go to work and get paid because they don't have a job. Some people are unemployed because they got laid off, so their employer no longer needs them to work.
SBF Pleads Not Guilty and Requests to Conceal Identities of Bail Bond Signatories
Prosecutors claim that Bankman-Fried committed a "fraud of epic proportions," siphoning off billions of dollars in customer deposits at FTX to fund his Alameda Research hedge fund, purchase real estate, and donate millions to political campaigns.
Ukraine's pharmacies accept Binance Pay
Amid the ongoing conflict with Russia, Ukraine has continued to adopt cryptocurrency payments with the crypto exchange Binance.
03 Jan 2023
The Dark Side of Gaming Skins: A Look at the Lack of Ownership and Transparency
In recent years, the popularity of skins in video games such as Valorant and Fortnite has skyrocketed. These virtual items often used to customize characters or weapons, can cost anywhere from $50 to $100 and are a significant source of revenue for game developers.
03 Jan 2023
Decentralized Stablecoins on the Decline
In the past year, the dominance of decentralized stablecoins has significantly decreased, going from 16% to 5%. This trend has largely gone unnoticed, but it raises important questions about the future of stablecoins and their reliance on centralized parties.
03 Jan 2023
"Aggressive investment" in blockchain games by Final Fantasy creator
The developers of the Final Fantasy games have stated that they intend to devote a significant portion of their future resources to blockchain-based video games.
03 Jan 2023
Axie Infinity Introduces Ability to Accessorize Virtual Creatures
From Spiky to Frosty, These Axies Have Been Transformed with the Latest in Lunacia Fashion. See the Winning Styles and Find Out How You Can Get Your Own Accessorized Axie.
