The Insider #94

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 loot minting is live. Legends of the Mara players will be able to mint Ship Parts as NFTs. If you hold Otherdeeds or on the leaderboard, make sure to claim your Ship Parts & Partner loot.  (source)

• Rekt Drinks, flavored sparkling water company of Rekt Guys, tease their drink in reference to Solana network outage. The drinks will debut at NFT Paris event. We had previously seen Rekt Guy gifting equity to their holders. Now they are advancing with their Web2 business plans. Building a profitable & sustainable web2 business with a web3 IP and funding is a brilliant strategy. Thrilled to see Rekt Guy team bridge web2 & web3, fusing best of both worlds together to grow the brand further. (source)

Crypto News

• SEC delays decision on Invesco Ethereum ETF. This follows previous delays and indicates ongoing scrutiny of Spot Ethereum ETF proposals including Grayscale’s. The expectations for the approval of Spot Ethereum ETF is Q3 2024. As the approval for Spot Bitcoin ETF is a precedent, the approval of Spot Ethereum ETF is highly likely but it’s a matter of when. (source)

• Robinhood and Metamask partners to enhance crypto buying. This partnership merges Decentralized Finance (DeFi) with Traditional Finance (TradFi) for better user experience. As with all other developments, any partnership that streamlines crypto & NFT purchasing operations are bullish for the entire industry. (source)

Macro News

• X adds an option to receive calls from “Everyone” in message settings. It is not confirmed yet, though this might be a tease towards X’s plans to release calling feature to all users. (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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