Goldman Sachs expects ECB to raise rates thrice this year

MARKET_WATCH Finance

Trading activity on NFT marketplace Blur has again hit record levels, this time days after finishing its initial incentive scheme with a final crypto airdrop.

Blur processed NFT trades worth more than $101 million on Sunday, its highest ever daily volume, per Dune user hildobby’s dashboard. That beat its previous $81.3 million record set one day earlier.

The platform rewarded early users with their third and final airdrop on Feb. 14 — points scaled to their trading activities — which could then be converted to a new cryptocurrency BLUR on the same day.

Since then, Blur has seen more than five times the trade volume as incumbent marketplace OpenSea, even without token incentives. Blur processed $455 million in NFT trades between Feb. 15 and Feb. 20 to OpenSea’s $81.4 million.

The marketplace consistently topped the rankings in terms of trade activity and market share while the incentive scheme was active, and it seems that trend is continuing.

Blur’s total weekly market share, based on trade volumes, is sitting steady at about 80% versus next in line OpenSea’s 16%. The start of the month saw Blur and OpenSea at 46% and 36% of the total market, respectively. 

Unlike straightforward venues like OpenSea, Blur doubles as a marketplace aggregator. Blur enables NFT trading across a variety of platforms under a single UI, including its own.

 

Source : [Goldman Sachs expects ECB to raise rates thrice this year](www.investing.com/news/economy/goldman-sachs-expects-ecb-to-raise-rates-thrice-this-year-3008882) by Reuters - Economy News by Reuters / February 21, 2023

rayn.finance logo

Automata FRANCE SAS

240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act.