The Insider #102

Daily Headlines & Deep Dives

Ascend
February 20, 2024

Welcome to Ascend's Newsletter, your NFT hub with a Crypto touch. Explore the latest in the Web3 space with us. Thanks for joining the Fam!

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Bored Ape Yacht Club teases Miami Clubhouse with a visual. This announcement plays perfectly to the Prestigious Club of Web3 Investors in my opinion. Apes have always been a prestigious social club. This clubhouse could strengthen that idea further. Maybe it’s the baby steps to build the SoHo Houses of web3. (source)
Entangle, an interoperable data infrastructure built for institutions and web3, announces their $NGL token sale. The token is built on Ethereum. It is key to facilitate Entangle infrastructure and it will provide access to yields. Initial market cap is 1.400.000$ and FDV is 45.000.000$. The public round opens today with a total size of 100.000$. If you have a whitelisted wallet, you’ll be able to invest 100$ max FCFS. Token generation event is confirmed for early March. Unlocking conditions: 15% unlock on TGE, 6 month daily linear vesting and a 1 month cliff. (source)

BAYC Teases Miami Clubhouse

Robert Kiyosaki, author of “Rich Dad, Poor Dad” book says he expects Bitcoin to hit 100.000$ by June 2024. If a billionaire who thought finance to hundreds of thousands of people tells you something, you listen. With the approval expectations for Spot Ethereum ETF and the steady inflow to Spot Bitcoin ETF, $BTC above 100.000$ in 2024 is definitely realistic ! (source)
United Kingdom to release new crypto and stablecoin legislation within the next 6 months. Countries picking up the pace for crypto legislations mean bullish times are ahead. I expect other countries to jump in on this effort to tax crypto & NFT gains. (source)

Kiyosaki Expects Bitcoin To Hit 100.000$ by June 2024

United States Congressman Matt Gaetz says there needs to be a vote on legislation banning Congress members from trading stocks. (source)

Congressman Gaetz Seeks Vote On Congress Stock Trading Ban

Crypto & NFT prices by Ascend

We hope this daily Web3 recap helps you in your Crypto and NFT journey !

These insights are inspired by Carlitos' daily news.

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