The Insider #123

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!

NFT News

• Yuga Labs announces they are still building HV-MTLs, teases EVO-2 developments. It’s been a long while since HV-MTL holders lost faith. The game has been played and abandoned. I really hope they can turn this around.  (source)

• BTC Machine & LeonidasNFT announces the largest airdrop in history. Snapshot was taken, all Runestone holders will receive $ZBIT. This airdrop could spark another mania for Ordinals. (source)

Crypto News

• Blackrock launches digital asset fund and deposits $100M $USDC on the Ethereum network. This a major milestone for Ethereum. Tokenization is a growing sector in the intersection of digital assets and traditional finance, Blackrock is aware of that. I believe this is also a preparation for the approval of Spot Ethereum ETF. Additionally, Standard Chartered analysts predicted that Ethereum could hit $14k by the end of 2025. (source)

• Anatoly Yakovenko, Founder of Solana, sends out a tweet saying “stop doing this”. Shitcoin meta has brought crazy attention to Solana. The network has been busier than ever in the last couple weeks. Though, the network hasn’t been able to keep up with the volume. There has been many congestions, failed contracts and transactions. Seems like Solana is not ready to handle the volume it deserves yet. I hope Solana team focuses on improving the network ASAP. (source)

Macro News

• United States national debt surpasses $34.5T, fuels inflation. The spending doesn’t slow down, so the price increases will not slow down as well. Recent rate hikes didn’t help as expected. (source)

Daily Prices

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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