Web3 Digest in 69 Seconds

Discover what is happening in the Web3 space with Ascend in 69 seconds.

Ascend
August 21, 2023

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!

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Brand awareness = Pudgy Penguins, with 6 billion views on Giphy, and this number is expected to keep growing (source).
Despite the ongoing slump in Ordinals, a.k.a. Bitcoin NFTs, they have achieved 25 million inscriptions (source).
A new sale for BAYC, significantly surpassing the floor price. Ape #8585 was purchased for 153 ETH (source).

Bored Ape #8585 was sold for 153.00 ETH (255,193.30 USD)

“Friend Tech” has reached a volume of over 11k ETH in about 10 days, indicating a rapid and intense surge in activity (source).
Insiders at the SEC strongly suggest that Bitcoin ETF approval odds for 2023 are strikingly low—nearly nonexistent (source).
Solana is on the move, introducing an events calendar for the community to connect, learn about advancements, and grasp Solana's direction (source).

The likelihood of Bitcoin ETF approval is remarkably slim

Elon elaborates on “Block removal”, proposing a potent Mute to hide all posts with no interaction hindrance except DMs (source).
Mark Cuban states "X" is Elon's, not a public square, as one person's algorithm control hampers collective consciousness. It's Elon's platform; his consciousness is mirrored (source).

Mark Cuban states that “X” is Elon's, not a public square

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We hope this daily Web3 recap helps you in your Crypto and NFT journey!

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