M. Stanley examines the economic impact as EU/UK debates over Russian assets intensify - Official discussions in the EU and UK over the possible use of frozen Russian assets have accelerated.
Many Fed officials see a possibility of rate hikes if inflation persists. - Many U.S. monetary policymakers have stated that interest rate hikes would likely be necessary if inflation does not decline.
This week, activity in the NFT market rebounded.
NFT sales increased by 12% to $67.76 million. The number of buyers increased by 49.30% to 231,210, while the number of sellers increased by 43.43% to 164,944. However, the volume of transactions involving non-fungible tokens remained virtually unchanged, decreasing by just 0.16% to 910,892.
Among the blockchains, Ethereum continues to lead with a sales volume of $28.06 million, up 45.56% from last week. BNB Chain took second place with $9.62 million, down 1.60%. Bitcoin is third with $7.38 million, up 4.50%.
Polygon rose to fourth place with $4.12 million, a 30.43% increase from last week. Solana fell to fifth place with $3.96 million, a 25.06% decline.
Among NFT collections, Milady Maker on Ethereum leads with a sales volume of $3.68 million. The collection processed 217 transactions involving just 10 buyers and one seller. DMarket on the Mythos blockchain fell to second place with $3.09 million, a 30.75% decrease from last week. The collection recorded 81,970 transactions involving 8,685 buyers and 7,349 sellers.
The Courtyard NFT collection on Polygon rose to third place with $2.97 million, a 36.57% increase from the previous week. A total of 51,199 transactions were processed, involving 8,630 buyers and 2,060 sellers.