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On April 10th, Dong Lijuan, Chief Statistician of the Urban Division of the National Bureau of Statistics, interpreted the CPI data for March 2026. The national CPI continued its moderate year-on-year increase, with the rate of increase slightly declining to 1.0%. Among them, the price of industrial consumer goods rose by 2.2%, an increase of 1.1 percentage points compared to the previous month, contributing approximately 0.67 percentage points to the year-on-year CPI increase. The national CPI decreased by 0.7% month-on-month, mainly due to the seasonal decline in food and service prices. Food prices, which rose by 1.9% in the previous month, fell by 2.7%, contributing approximately 0.48 percentage points to the month-on-month decrease in CPI. Within the food category, influenced by factors such as increased supply due to warmer weather and a decline in demand after the holidays, the prices of fresh vegetables and fresh fruits fell by 10.1% and 3.3% respectively, while the prices of pork, eggs, and aquatic products fell by 7.3%, 3.4%, and 2.6% respectively. These five items combined contributed approximately 0.45 percentage points to the month-on-month decrease in CPI.April 10th - In March 2026, the national consumer price index (CPI) rose 1.0% year-on-year. Specifically, urban areas saw a 1.1% increase, while rural areas experienced a 0.9% rise. Food prices increased by 0.3%, and non-food prices rose by 1.2%. Consumer goods prices rose by 1.3%, and service prices rose by 0.8%. On average, from January to March, the national CPI rose 0.9% compared to the same period last year. Month-on-month, the national CPI fell 0.7% in March. Specifically, urban areas saw a 0.7% decrease, while rural areas experienced a 0.5% decrease. Food prices fell by 2.7%, and non-food prices fell by 0.2%. Consumer goods prices fell by 0.3%, and service prices fell by 1.1%.Chinas PPI rose 1% month-on-month in March, compared with 0.4% in the previous month.Chinas PPI rose 0.5% year-on-year in March, below the expected 0.40% and the previous reading of -0.90%.April 10th - According to the Chinese Service Center for Scholarly Exchange under the Ministry of Education, by 2025, the number of Chinese students studying abroad will exceed 570,000, and the number of students returning to China will reach 535,600.

Crypto Market Sell-off Delivers NFT Trading Volume Boost

Cory Russell

Apr 13, 2022 10:06


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The crypto market sell-off has aided the growth of OpenSea NFT trading volumes.


Trading volumes on OpenSea fell in February and March as the crypto market rose.


As more mainstream businesses join the NFT area, the prognosis for the NFT market remains positive.

NFTs and OpenSea had a strong start to 2022, with trade volumes reaching an all-time high in January. The upward trend provided a positive picture for the next year.


ETH trade volume reached $4.97 billion in January, according to Dune Analytics statistics. The previous all-time high for OpenSea came in August, when trade volume reached $3.42 billion.


However, the crypto market's recovery from late January lows to early April highs was underwhelming in February and March.


Conditions in the NFT market look to be improving, with the recent crypto market sell-off providing support.

Trading on OpenSea with ETH under $3,000

March saw $2.49bn in ETH-based NFT trading volumes, down from $4.97bn in January and $3.58bn in February.


ETH trading volume is at $1.30bn. A continuing ETH decline would encourage demand for NFTs, notwithstanding the lack of a straight line.


After a January low of $2,161, ETH hit $3,500 in April before slipping down to sub-$3,000. ETH has declined in 6 of 9 sessions, with ETH-based NFT trading on OpenSea returning to sub-$3,000.


Because NFT trade volumes for Polygon (MATIC) and Solana (SOL) are so small, ETH remains the major emphasis.


This month's active traders have risen. From 546,145 in January to 451,767 in March, active ETH-based NFT traders. This month, there were 281,546 active ETH-based NFT traders.


Active traders may reach January's all-time high, boosting OpenSea and NFTs.

Beyond ETH Value's Influence on Trading Volume

Competition, illegal conduct, new NFT launches, and regulatory scrutiny will all have an impact on OpenSea trading activity.


LooksRare (LOOKS) debuted in January this year, and Coinbase is ready to join the NFT field via CoinbaseNFT.


Acceptance of fiat money as a form of payment will be a last important driver for NFT transaction counts. Coinbase and Mastercard announced a cooperation at the start of the year that would enable mainstream payments for NFTs.


The ability to accept mainstream payments eliminates the need for potential NFT collectors to open digital wallets and acquire cryptocurrency under risky market circumstances. The move by Coinbase to accept Mastercard payments may drive other NFT markets to do the same.


The good news for the NFT industry is that major corporations are continuing to investigate and join the digital asset market. Investors will be watching how Solana-based NFTs work for OpenSea.


However, there are also downside concerns, such as illegal activities and increasing governmental supervision. Regulatory monitoring must be helpful rather than punishing in order to make the NFT market more accessible. The actions of regulators on NFTs may be connected to unlawful activities in the NFT sector.

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