Weekly Wrap

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This is the first Weekly Wrap and as such, it is likely to evolve over time. I hope you find the information useful. If there is anything you'd like weekly updates on or something you think is missing, then please feel free to reply to this email and you might just see it in future updates.

- @nuconomist

Crypto Market Cap: 1.22 Trillion Dollars 🔺+4.27% (Was 1.17 T)

Bitcoin Dominance: 44.61% 🔻-0.6% (Was 44.88%)

Ethereum Dominance: 17.72% 🔻-0.11% (Was 17.74%)

30 Day NFT Volume (ETH): 955k 🔻-22% (Was 1.23M)

Top Collections by ETH Volume

1. Wrapped Cryptopunks (37.7k ETH)

2. Otherdeed for Otherside (23.4K ETH)

3. Bored Ape Yacht Club (10.4K ETH)

4. Nakamigos (10.1K ETH)

5. Mutant Ape Yacht Club (9.3K ETH)

Luca Netz, owner of the Pudgy Penguins NFT ecosystem, proposes a value accrual funnel for NFT projects. It's great to see NFT founders game out these thoughts in public. For an industry originally founded on the principles of open source, trust and transparency, a lot of the NFT market can be quite opaque.

While this specific tweet is not from the last week, I thought it was important to give it some coverage here. Balaji is pushing the narrative that a banking crisis is in play which could lead the US dollar into hyperinflation within the next three months.

While I don't personally believe this, or think that he does, it's a big talking point and brings into focus the idea of Bitcoin as a failsafe should the fractional reserve banking system fully break.

Ledger, the hardware wallet manufacturer, raises $109M - CoinDesk

CTFC is suing Binance - Decrypt

US Government sells almost 10,000 seized Bitcoin - Bitcoin Magazine

1st April - New NZ Tax Year

6th April - New UK Tax Year

12th April - Ethereum "Shanghai" upgrade allows for unstaking.

12th-14th April - NFT NYC Event

26th-28th April - Annual Consensus conference hosted by CoinDesk

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