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On September 5th, Russian Deputy Foreign Minister Sergei Ryabkov, commenting on the potential visit to Russia by US Presidential Envoy Joshua Witkov and Trumps son-in-law Jared Kushner, stated that the US government should consider the actual situation on the battlefield in its mediation efforts in Ukraine, and that the situation is developing unfavorably for Kyiv. Ryabkov pointed out that the key issue is whether the US government is prepared to invest the effort to find a genuine solution to the current crisis, including considering the realities of the battlefield, not only the root causes of the conflict frequently cited by Russia, but also the constantly evolving situation that is developing against Ukraine. Ryabkov said the question is whether the Anchorage meeting between the Russian and US leaders in August 2025 and subsequent events demonstrate that the US position on resolving a range of issues can remain within a rational framework, without succumbing to pressure from the situation and opposing mediators. These issues remain unresolved.September 5th - According to reports, after Zhipus first store on Tmall was launched, several major model manufacturers, including Kimi, MiniMax, and Jieyue Xingchen, are also in talks with Tmall to open official flagship stores and sell Token subscription packages.September 5th - In accordance with the "National Natural Disaster Relief Emergency Plan," and in response to the severe impact of recent typhoons and extreme heavy rainfall on Putian and Ningde in Fujian Province, the National Disaster Prevention, Reduction and Relief Commission and the Ministry of Emergency Management raised the national natural disaster relief emergency response level for Fujian to Level III on September 5th. An additional disaster relief working group was dispatched to the disaster area to assess the situation and guide and assist local authorities in ensuring the basic living needs of affected people and in post-disaster emergency recovery efforts.September 5th - According to the Ministry of Water Resources, as of 11:00 AM today (September 5th), 17 rivers in Guangdong, Fujian, Zhejiang, Jiangxi, Hunan, and Heilongjiang provinces remain above warning levels, ranging from 0.01 meters to 2.45 meters above the warning level. Among them, the Yishui River, a tributary of the Xiangjiang River in Hunan, slightly exceeds the guaranteed level, while the Hanjiang River has receded below the warning level along its entire length. The upper reaches of the Ganjiang River at Huluge and the middle reaches at Taihe have both peaked and receded, and the floodwaters of the Ganjiang River are currently passing through the downstream Jian section.September 5th - According to statistics from the Shenzhen Real Estate Intermediary Association, a total of 5,535 second-hand homes were sold in August 2026, a decrease of 3.3% month-on-month and an increase of 5.1% year-on-year; 5,108 second-hand residential properties were sold, a decrease of 2.3% month-on-month and an increase of 7.6% year-on-year. Although the number of transactions recorded in August continued to decline slightly compared to July, the year-on-year increase further expanded compared to the previous month, indicating that although the recent market activity has cooled down somewhat, the overall transaction volume is still significantly higher than the same period last year, and the market remains stable.

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.