The Insider #72

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Ascend
January 05, 2024

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Pons, Founder of The Plague, sent out a tweet announcing he is hiring for “NFT Founder in Training” position. The candidate that is accepted will be mentored on how to run a business and an NFT project. It will be a paid job but the amount is not disclosed. When the candidate completes the training, he/she will be supported by the Plague to create a NFT collection with their idea. Pons is also asked his community to give feedback on his idea to acquire Lazy Lions. (source)
Node Monkes, a newly minted 10K PFP collection on Bitcoin, reached 0.27 BTC floor price. That is equivalent to ~12.000$ or 5.25ETH. (source)

A Node Monke

Jacquelyn Melinek, Senior Crypto Reporter for Tech Crunch, says she heard from “sources extremely close to the matter” that the Spot BTC ETF applications will be approved by the SEC for multiple firms. She has also said that she is expecting some news on the subject tomorrow. With the recent shakeout and all the additional talks about Spot Bitcoin ETF, news for the approval seems closeby. (source)
The United States government holds 8.300.000.000$ worth of Bitcoin. (source)

Bitcoin ETF Likely to be Approved Soon

A new study finds that American families need an additional 11.434$ per year just to maintain their standard of living before Biden was elected. It was also found out that 76% of Americans now say the country is on the wrong road, similar to the 2008 crisis times. For the last 3 years, prices of core goods and services rose +20% while the maximum rise in wages were 13%. Mortgage and interest costs rose +300%. Constant inflation rate hikes, record high credit card debts and record low personal savings indicate a hard economic time for Americans. (source)

Biden Administration Certainly Hasn’t Been Economically Positive for Americans

Crypto & NFT prices by Ascend

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