The Insider #115

Daily Headlines & Deep Dives

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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NFT News

  • A Blur farmer dumps 50 Pudgy Penguins to bids for a ~110ETH loss. I had previously informed our dear readers about an inorganic price pump from a couple traders that use Pudgies as collaterals to sweep Pudgy floors. Corrections are a part of the movement. (source)

  • Mocaverse announces $MOCA allocation for all Mocaverse NFT holders. Further details on the size of the allocation, the snapshot and the math is coming soon. Until then, those who own Moca NFTs are advised to keep them staked. (source)

Mocaverse Allocates $MOCA To NFT Holders

Crypto News

  • Solana flips Ethereum in 24H decentralized exchange volume. Solana 24H DEX volume jumped to $2.5B while Ethereum DEX volume is at $2.3B. (source)

  • Pantera Capital, the first U.S. institutional asset manager focused exclusively on cryptocurrencies, announces they are raising funds to purchase FTX’s Solana assets. Could this be the development that sends Solana above 200$ ? (source)

SOL Flips ETH In 24H DEX Volume

Macro News

  • New York Community Bank deposits drop 7%, NYCB shares fall. Increase of cash withdrawals might be signs of distrust in the current economical state of the country. Those funds could be going under the mattress, in stocks or in cryptocurrencies. (source)

NYCB Deposits Decline By 7%, Shares Drop

Daily Prices

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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