The Insider #122

Daily Headlines & Deep Dives

Ascend
March 19, 2024

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Nike’s +$1B web3 acquisition RTFKT is allegedly shutting down this year. These are just rumours at this point. RTFKT members even denied the allegations. Though it would be negative to see RTFKT shut down. I don’t think Nike has plans to exit web3 in the beginning of a bull cycle. (source)
A golden body NodeMonke (0.1% rarity) sells for 1.85 BTC ($125k). It is always bullish to see +2x floor sales in a collection. NodeMonkes seem to be well established at this point, 12th overall NFT collection with a market cap of ~$430m. (source)

NodeMonke #7063 Sells For 1.85 BTC

Solana shitcoin presale meta results in +655.000 SOL sent in total. The shitcoin market has definitely been hot and took Solana to a little over 200$. Though market is down, so is Solana. The shitcoin meta might be over soon. (source)
Crypto investment products have set a new record with weekly inflows reaching $2.9 billion. The ETFs will become more and more established and bigger funds from other countries will decide to invest sooner or later. This means there’ll be a higher & stronger bottomline for especially Bitcoin prices. We might not see Bitcoin under $40k again. (source)

Total SOL Sent For Shitcoin Meta

NVIDIA unveils their new AI GPU, Blackwell. Blackwell is capable of unleashing real-time generative AI on trillion-parameter large language models. (source)

NVIDIA Unveils New AI GPU Called Blackwell

Crypto & NFT prices by Ascend

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These insights are inspired by Carlitos' daily news.

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