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August 28th - Due to the US relocating Patriot air defense interceptors from Europe to the Middle East to counter Iranian drone and missile attacks, US and NATO forces in Europe are facing a shortage of Patriot interceptors. On the 27th, US defense officials stated that US forces in Europe "absolutely" do not have enough Patriot interceptors to defend against a potential sustained ballistic missile attack, and their ability to defend against a single ballistic missile attack is also "very limited." NATO officials also revealed that both US and NATO forces in Europe are facing a shortage of Patriot interceptors.On August 28th, a senior EU official stated on the 27th that European intelligence agencies had detected no signs of Russia planning an attack on NATO member states in Europe. This came after reports from the US that CIA Director Ratcliffe had warned Russia against attacking NATO members. Both Russia and US President Trump denied these reports on the 27th. According to an anonymous EU official, "Overall, European intelligence agencies see no risk of a Russian attack on European countries, and this assessment remains unchanged." The official further clarified that this assessment also applies to NATO member states in Europe, and no Russian attack preparations have been detected.On August 28th, at the 2026 China International Big Data Industry Expo, the National Supercomputing Internet officially joined the National Integrated Computing Power Network Monitoring and Scheduling Experimental Verification Platform at the invitation of the Department of Digital Technology and Infrastructure Construction of the National Data Administration. Relying on the integrated development model of "computing, data, analog, and application," the Supercomputing Internet is undertaking tasks such as "construction of the computing power scheduling platform, operation and monitoring integration, service operation system and ecosystem construction, and technical standard formulation" in the pilot work of computing power monitoring and scheduling.On August 28th, UBTECH Robotics Corp. (09880.HK) announced that its revenue for the first half of 2026 was RMB 1.269 billion, a year-on-year increase of 104.2%; the company incurred a loss of RMB 339 million during the period, compared to a loss of RMB 440 million in the same period of 2025; the adjusted net loss for the period was RMB 339 million, compared to a loss of RMB 368 million in the same period of 2025. Revenue from full-size embodied intelligent humanoid robot products and solutions reached RMB 590 million, a year-on-year increase of 1445.0%.August 28 – The 24th session of the Standing Committee of the 14th National Peoples Congress concluded at the Great Hall of the People in Beijing on the afternoon of August 28. The session adopted the Medical Security Law, the Farmland Protection and Quality Improvement Law, the newly revised Agricultural Law, the newly revised National Defense Mobilization Law, and a decision to amend the Lawyers Law; it also decided to remove Lu Zhiyuan from the post of Minister of Civil Affairs and appoint Li Changguan as Minister of Civil Affairs. President Xi Jinping signed Presidential Decrees No. 80, 81, 82, 83, 84, and 85 respectively. Chairman Zhao Leji presided over the closing session. The session also decided to remove Zhang Youxia from the post of Vice Chairman of the Central Military Commission of the Peoples Republic of China and Liu Zhenli from the post of Member of the Central Military Commission of the Peoples Republic of China.

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.