The Insider #113

Daily Headlines & Deep Dives

Ascend
March 06, 2024

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Inspect announces their strategic partnership with ForbesWeb3. All ForbesWeb3 Inner Circle Members will now have an authentication method. ForbesWeb3 badge will increase the legitimacy and presence of all members who carry. Congratulations to Inspect on this wonderful partnership. We will definitely see more collaborations between huge web2 brands and web3 native brands. (source)
Mutant Ape Yacht Club collection is now selling below mint price. Garga taking the reigns back didn’t have the desired positive impact. Otherside demonstration that went sub-par might also have an effect. Furthermore, strong movements of large cap cryptocurrencies generally drain liquidity from NFTs due to the investors wanting to jump in on the action. (source)

Mutant Apes Are Being Sold Below Mint Price

Bitcoin hits new all-time-high at 69.000$. Additionally, Spot Bitcoin ETFs received $662M of net inflow. The ETF and cryptocurrencies total market cap have been growing steadily. (source)
More than $1B in crypto have been liquidated over the past 24 hours. The funding rates have reset. Markets are volatile and every sharp uptrend brings a correction. Healthy corrections are necessary to maintain steady growth. (source)

Over $1B In Cryptocurrencies Liquidated Past 24 Hours

Andy Stone, Communications lead for META, uses X to announce that Facebook and Instagram are down worldwide. (source)

META Uses X To Announce Services Are Down

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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