EUR/USD 1.17710
0.199%
Gold 4741.70
1.085%
Oil 89.359
-4.263%
USD/JPY 156.368
-0.010%
GBP/USD 1.36225
0.221%
GBP/JPY 213.015
0.233%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 7, 2026, Guo Yan, Representative of the Ministry of Foreign Affairs for the Eastern Yellow Sea, and Lee Seok-joo, Director-General of the International Legal Bureau of the Ministry of Foreign Affairs of the Republic of Korea, co-chaired the 15th round of talks between the China-ROK Maritime Boundary Delimitation Working Group in Chengdu, China. The two sides exchanged frank and in-depth views on issues related to maritime boundary delimitation and agreed to hold the 16th round of talks at an appropriate time.May 7th: Building materials transaction volume was 115,900 tons, a decrease of 26.97% compared to the previous trading day. May 6th: Building materials transaction volume was 158,700 tons, an increase of 55.59% compared to the previous trading day. April 30th: Building materials transaction volume was 102,000 tons, a decrease of 20.99% compared to the previous trading day. April 29th: Building materials transaction volume was 129,100 tons, an increase of 11.29% compared to the previous trading day. April 28th: Building materials transaction volume was 116,000 tons, a decrease of 5.77% compared to the previous trading day. Last weeks average: Building materials transaction volume was 120,000 tons.According to sources, the U.S. Department of Justice is investigating a $2.6 billion oil deal related to the war with Iran.On May 7, Premier Li Qiang met with Uzbek Prime Minister Aripov at the Great Hall of the People in Beijing. Li Qiang pointed out that China is willing to strengthen the alignment of development strategies with Uzbekistan, continuously promote trade and investment liberalization and facilitation, deepen cooperation in energy resources, connectivity, digital economy, and green economy, create more landmark projects, promote the high-standard and high-quality construction of the China-Kyrgyzstan-Uzbekistan railway, and continuously improve the effectiveness of cooperation. China is willing to import more high-quality products from Uzbekistan and encourage capable Chinese enterprises to invest in Uzbekistan, hoping that Uzbekistan will safeguard their legitimate rights and interests. Both sides should further utilize the mutual visa exemption policy, increase direct flights, strengthen exchanges and cooperation in culture, tourism, education, youth, and other fields, and enhance mutual understanding and friendship between the two peoples. China is also willing to work closely with Uzbekistan in multilateral mechanisms such as the United Nations and the Shanghai Cooperation Organisation, promote the optimization and strengthening of the China-Central Asia mechanism, actively implement the four major global initiatives, and promote the development of a more just and equitable international order.Rijksmash Financial: Raises its target price for Arm (ARM.O) from $166 to $244.

Crypto Market Sell-off Delivers NFT Trading Volume Boost

Cory Russell

Apr 13, 2022 10:06


微信截图_20220413094918.png


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.

Suggestion