The Insider #71

Stay on the Web3 loop in only a minute

Ascend
January 04, 2024

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!

Subscribe to be in the Web3 loop and follow us on “X” for daily spaces

$PIXL, token of Sappy Seals has recently been hard-capped at 500M tokens. If you have a Sappy Seal, you still have a chance to stake it to passively earn $PIXL. Staking will end Q1 2024. 100% of $PIXL will be distributed to the community and it will be used to fund Seals’ in game economy. As Wab (Founder of Sappy Seals) said, Seals do everything from memes to apparel to airdrops to gaming … It seems like the future is bright for Seals. ARF ! (source)
Dymension airdrop claim is live and you might be eligible if you’ve interacted with dApps, hold NFTs or stake on Celestia, Cosmos, Ethereum and/or Solana. But what is Dymension ? Dymension is a blockchain powering the internet of RollApps. BUT WHAT ARE ROLLAPPS ? RollApps are Layer 2’s like Base, Optimism, Arbitrum …Dymension, as the Internet of RollApps, is the network of chains that unite L2’s and the Dymension Hub. To put it in Layman’s terms, Dymension Hub will standardize every L2 with IBC (Inter-Blockchain Communication Protocol) and possibly become the one stop shop for them. (Claim link is tested & safe) (source)

Wab’s Comment on Sappy Seals

New U.S. regulation requires reporting of all crypto transactions over 10.000$ to IRS. That was not the regulation the space was rooting for but that’s what we got. It’s evident that the U.S. is working on a plan to tax cryptocurrency transactions. (source)
Goldman Sachs is eyeing BlackRock & Grayscale's Bitcoin ETF. According to a report from Coinsdesk, finance giant Goldman Sachs is seeking to become an “Authorized Participant” (AP) for the ETF’s if they receive approval from the SEC. Despite recent speculation about the BTC ETF getting refused, the majority is still expecting an approval. One of the largest banks in the U.S. seeking to take part in BTC ETF only strengthens these expectations. (source)

Expectations For The Approval of Bitcoin ETF is Still Strong

Grant Cardone, a Real Estate Mogul with over 4.000.000.000$ worth of investments, predicts 100-year mortgages in the U.S. He said “U.S. will be a renter nation”. Seeing all the interest rate hikes and consistently increasing home prices, American homebuyers are feeling the squeeze on their budgets. The necessity for substantially longer mortgage terms might be on the horizon. (source)

Grant Cardone Says U.S. Will Become a Renter Nation

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.

Follow us on “X” at @web3ascend for our daily spaces 12 PM CET - 6 AM ET.

We grow together !