# Weekly Wrap By [Nuconomist](https://paragraph.com/@nuconomist) Β· 2023-04-03 --- gm This is the first Weekly Wrap and as such, it is likely to evolve over time. I hope you find the information useful. If there is anything you'd like weekly updates on or something you think is missing, then please feel free to reply to this email and you might just see it in future updates. _\- @nuconomist_ πŸ“ˆ Weekly Stats --------------- Crypto Market Cap: 1.22 Trillion Dollars πŸ”Ί+4.27% (Was 1.17 T) Bitcoin Dominance: 44.61% πŸ”»-0.6% (Was 44.88%) Ethereum Dominance: 17.72% πŸ”»-0.11% (Was 17.74%) 30 Day NFT Volume (ETH): 955k πŸ”»-22% (Was 1.23M) πŸ–ΌοΈ NFT Corner -------------- **_Top Collections by ETH Volume_** 1. Wrapped Cryptopunks (37.7k ETH) 2. Otherdeed for Otherside (23.4K ETH) 3. Bored Ape Yacht Club (10.4K ETH) 4. Nakamigos (10.1K ETH) 5. Mutant Ape Yacht Club (9.3K ETH) πŸ’¬ Market Narratives -------------------- Luca Netz, owner of the [Pudgy Penguins NFT](https://opensea.io/collection/pudgypenguins) ecosystem, proposes a value accrual funnel for NFT projects. It's great to see NFT founders game out these thoughts in public. For an industry originally founded on the principles of open source, trust and transparency, a lot of the NFT market can be quite opaque. https://twitter.com/LucaNetz/status/1641098836625051651 🐦 Top Tweet ------------ While this specific tweet is not from the last week, I thought it was important to give it some coverage here. Balaji is pushing the narrative that a banking crisis is in play which could lead the US dollar into hyperinflation within the next three months. While I don't personally believe this, or think that he does, it's a big talking point and brings into focus the idea of Bitcoin as a failsafe should the fractional reserve banking system fully break. https://twitter.com/balajis/status/1636797265317867520 πŸ“° News Digest -------------- Ledger, the hardware wallet manufacturer, raises $109M - [CoinDesk](https://www.coindesk.com/business/2023/03/30/crypto-hardware-wallet-maker-ledger-raises-most-of-109m-round-bloomberg/) CTFC is suing Binance - [Decrypt](https://decrypt.co/125207/bitcoin-and-ethereum-cftc-binance-crackdown) US Government sells almost 10,000 seized Bitcoin - [Bitcoin Magazine](https://bitcoinmagazine.com/markets/the-us-government-sold-nearly-10000-silk-road-bitcoin) πŸ—“οΈ Upcoming Dates ------------------ 1st April - New NZ Tax Year 6th April - New UK Tax Year 12th April - Ethereum "Shanghai" upgrade allows for unstaking. 12th-14th April - NFT NYC Event 26th-28th April - Annual Consensus conference hosted by CoinDesk Published with β™₯ by {{ admin\_name,fallback=Nuconomist }}. Here’s where you can find me online: ![](https://storage.googleapis.com/papyrus_images/9fe59d0dd62f3ba74b061a74eca01a23.png) {{ admin\_address,fallback=nuconomist.com }} [Unsubscribe here.]({{ unsubscribe_link }}) --- *Originally published on [Nuconomist](https://paragraph.com/@nuconomist/weekly-wrap)*