NFT Sales & Users Drop To Two-Year Lows  – April 21

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$28,047

Bitcoin price is trying to hold onto support at $28,000 to finish the week, as it has briefly dipped below the $27,000s multiple times over the last 24 hours.

Top-20 altcoins may be starting to find their footing, as BNB rises 2%, Tron gains 1% but Ether falls 2% over the last day of trading.

Top Stories for April 21, 2022 🔥

👉 NFT Sales & Users Drop To Two-Year Lows 

OpenSea and Blur, two major non-fungible token (NFT) marketplaces, have experienced a major decline in daily users and sales, according to data analytics platform Dune.

Sales across NFT marketplaces have dropped to a low not seen since November 2021, with daily unique users falling to a level not seen since July 2021. High gas prices and tax season liquidity issues are possible causes of the decline.

Trading volume in Ether across NFT marketplaces has remained stable, however, and Uniswap has managed to gain daily active users over the past two weeks.

👉 Investors Of Controversial OPNX Exchange Revealed

OPNX, a new exchange for trading bankruptcy claims founded by the people behind failed crypto hedge fund Three Arrows Capital, has revealed its major investors.

The list includes high-profile firms such as Susquehanna International Group, DRW, AppWorks, MIAX Group, China Merchant Bank International, and Tuwaiq. The exchange initially executed low trading volume, but it topped $2 million in daily volume earlier this month.

Three Arrows Capital co-founder Kyle Davies, who also founded OPNX, was given two weeks in March to respond to a subpoena in relation to books and records for 3AC.

👉 ETH Supply Has Fallen By 100,000 Since The Merge

Since Ethereum’s move to proof-of-stake via The Merge, the supply of ether has decreased by over 100,000 coins (currently worth over $200 million), according to Ethereum tracking website

If Ethereum had remained secured by miners, the ETH supply would have increased by more than 2.52 million coins or $4.9 billion. Ethereum Improvement Proposal 1559, implemented via the London upgrade, played a role in burning ether and exerting deflationary pressure on the ETH supply.