The Insider #81

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Ascend
January 18, 2024

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For the last 4 days, 82% of Pudgy Penguin sales have been buyers picking the NFT they want to buy, rather than a seller selling into a bid. This is the highest this ratio has been all throughout 2023. The average ratio is 30% buyer picks and 70% sellers selling into bids. This is a sign of Pudgy’s current momentum and it looks like they’re not slowing down anytime soon. (source)
Crypto Undeads were minted out with a 3SOL mint price. Secondary trade opened at 25SOL FP, currently sitting at around 10SOL. We have seen sales as high as 80SOL. The positive sensation around the project is still ongoing though we don’t have any information regarding any plans after mint. Thus CU will be a good example for us to witness at this stage of the market, how far can a project go based on hype and hype only. (source)

Pudgies Have The Highest Buyer Pick Ratio For The Past Year

Former U.S. President Donald Trump says he will never allow the creation of a central bank digital currency if he is elected in 2024. This might sound anti-crypto but he explains his reasoning which shows that it is not the case. Trump argues that a CBDC could provide the federal government with unprecedented control over individuals’ finances, potentially enabling the discreet seizure of funds without the account owners’ awareness. His logic sounds pretty pro-crypto to me as he’s opposing CBDC due to the exact reasons we use cryptocurrencies. (source)
Jamie Dimon, CEO of JPMorgan, says his “personal advice” is to not get involved with Bitcoin. We know that JPMorgan is an authorized participant for BlackRock’s Spot Bitcoin ETF, which contradicts with Mr. Dimon’s thoughts on the matter. Seems like another shot at market manipulation for the big players to increase their investments in Bitcoin. (source)

Trump Opposes The Creation of CBDC’s

X received Money Transmitter License in Virginia. Now, X has MTL in the states of: Virginia, Utah, Arkansas, Arizona, Georgia, Iowa, Maryland, Michigan, Mississippi, Missouri, New Hampshire and Rhode Island. We also know that X’s application for MTL in California and New York is also pending. (source)

X Received Money Transmitter License in Virginia

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