Weekly Wrap: 3rd - 10th April

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Never a quiet week in crypto! We saw markets crash with rumours that the CEO of Binance had been issued a Red Notice by Interpol sparked by this cryptic tweet by @Cobie.

Elon Musk went into full mischief mode, temporarily changing the Twitter logo to the Dogecoin logo sparking up to 33% in gains for the coin.

Both reminders of how easily the crypto market can be moved by big individuals in the space and unfounded rumours.

And then Crypto went on to do it's own thing and chop over Easter.

Stay careful out there and remember the popular mantra:

"Trust, But Verify".

- @nuconomist

πŸ“ˆ Weekly Stats

Crypto Market Cap: 1.23 Trillion Dollars πŸ”Ί+0.82% (Was 1.22 T)

Bitcoin Dominance: 44.47% πŸ”»-0.31% (Was 44.61%)

Ethereum Dominance: 18.17% πŸ”Ί+2.54% (Was 17.72%)

30 Day NFT Volume (ETH): 866k πŸ”»-9.32% (Was 955k)

πŸ–ΌοΈ NFT Corner

Top Collections by ETH Volume (7 Days)

  1. Wrapped Cryptopunks (42,355 ETH)

  2. Bored Ape Yacht Club (9,526 ETH)

  3. Nakamigos (9,246 ETH)

  4. Azuki (8,963 ETH)

  5. Otherdeed for Otherside (8,648 ETH)

Most Profitable Collections by ETH (7 Days)

  1. Gemesis (2436 ETH PnL)

  2. Otherside Vessels (1647 ETH PnL)

  3. Otherside Koda (1290 ETH PnL)

  4. Otherdeed Expanded (1158 ETH PnL)

  5. Wrapped Cryptopunks (983 ETH PnL)

πŸ’¬ Market Narratives

"OpenSea Fights Back" - Bankless

https://twitter.com/openseapro/status/1643314687134556160

This week OpenSea launched OpenSea Pro, upgrading the gem.xyz platform it acquired last year. To celebrate, they also opened up a free claim for a Gemesis NFT if you had used the Gem platform in the past. With 180,000 available to mint and just under 50% minted so far, make sure you check if your wallet is eligible.

At the moment this appear to simply be a collectible, however, there has been speculation that this could be a pre-cursor to a token airdrop or an access pass to premium features. Either way, it has taken the top spot in this week's NFT rankings and has shown they will not bow down to Blur.

That said, I'm sure this tweet got more than a few chuckles this week...

https://twitter.com/NFTsAreNice/status/1643321087806279681

πŸ“° News Digest

Is Chief Twit Elon Muusk Also Top DOGE? - CoinDesk

How the Ethereum Shanghai Upgrade Could Impact the Price of ETH - Decrypt

Magic Eden Announces Ordinals Launchpad for Bitcoin Inscription Collections - Bitcoin Magazine

🐦 Top Tweet

https://twitter.com/openseapro/status/1643314687134556160?s=20

πŸ—“οΈ Upcoming Dates

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

12th-14th April - NFT NYC

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

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