The Insider #103

Daily Headlines & Deep Dives

Ascend
February 21, 2024

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Walmart re-orders Pudgy Penguin toys. Pudgy Toys, with Pudgy World, is now available in 3.100 Walmart stores across the USA. Luca Netz comments “This is an industry defining moment for NFTs signaling that NFTs are here to stay and that the door to the masses is now open.” The IP licensing for all those toys were made by OverpassIP, Pudgy’s own licensing platform. Each Pudgy toy comes with a QR code to play Pudgy World. Another massive win for Luca, Pudgy Penguins and this entire bubble in general. (source)
Yuga Labs announces custom collection pages on Magic Eden’s Ethereum Marketplace. Yuga Labs x Magic Eden collaboration ME ETH Marketplace launches on 27th of February. Thanks to this new feature, users will now be able to verify and organise their items. (source)

Walmart Re-Orders, Pudgy Toys Available In 3.100 Stores

VanEck Spot Bitcoin ETF ($HODL) trading volume surges 14x. Bloomberg analyst Erich Balchunas noted that the ETF has seen more than 258.000.000$ in trading volume. He also stated that there were 32.000 trades which is 60x the product average. Ultimately, he shared that he was unable to explain the development. Neither am I, though now I know for sure and advise you to notice as well. The bearish times are over, change your mentality and your strategy accordingly. Bull market is upon us. (source)
Tether prints 1.000.000.000$ USDT. This clearly indicates that there’s an increase on demand. New investors and new liquidity is entering the market. Trade or invest accordingly. (source)

VanEck Spot Bitcoin ETF Surges 14x

Elon Musk says Grok 1.5 will come with a button called “Grok Analysis” that can sum up threads & replies. We had alternative applications & X account that used to do that. Elon Musk saw the demand and is now offering an in house solution. Succesful observation, analysis & execution. (source)

Grok 1.5 to introduce 'Grok Analysis' button

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These insights are inspired by Carlitos' daily news.

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