what up everybody welcome back to altcoin daily
in today's video i'm going to be cluing you in on the biggest stories in the space today if
you are in cryptocurrency you need to have this stuff on your radar at the very least so
you can talk about it at parties at the very most so you can make better more well-informed
investing decisions in the cryptocurrency space of course videos on this channel are never
financial advice just opinion and information make your own decisions do your own research
but if you guys will all take two seconds and tap the like button let's start here this is a
huge win for solana and a huge win for nfts as a whole the future of nfts i'll explain why this
is so significant and what we should take away nfts minted on solana have surged to an all-time
high even though the market is um in a bear market activity is surging around solana-based nfts
despite the overall tepid market for so-called non-fungible tokens the blocks research data
dashboard shows that the number of nfts minted on solana or the number of new nfts created on the
solana blockchain surged to a high of over three hundred thousand september seventh that figure
represents a significant increase compared to just forty thousand three days before take a look
at this at the same time solana based nft volumes have risen with the total volumes across solana
marketplaces hitting 11.5 million september 6th the highest level since may magic eden which is
like the open sea of the salon ecosystem magic eden which launched as a marketplace dedicated to
solana nfts has seen its market share grow from 12 at the beginning of september to 36 september
7th you'll love to see it so let's talk about some takeaways the biggest takeaways for
me are that one nfts as in verifiability online digital collectibles are gaining more
awareness more respect people see the value and more than that solana itself is gaining
the respect for people to do this on especially thinking about the past solana nft news over the
past year or so with coinbase wallet integrating solana open c saying that they're going to
integrate solana nfts the point is i think this is great but i think the future for solana and salon
nfts are much bigger let me know what you think of course in the comments below let's get to some
other interesting news google is counting down to the ethereum merge with an easter egg on its
search engine the feature was floated among web3 employees at google and became implemented in less
than a couple weeks so a google doodle is counting down to the ethereum merge a sign of recognition
from the world's most popular website so what do you do if you go to google typing ethereum merge
into google search engine now yields a countdown clock the difficulty rate i.e the number of times
a miner must calculate the hashes in order to record a block of transactions the hash rate the
total combined computing power used on the whole ethereum network and a cartoon of two happy bears
approaching each other with outstretched arms if all goes as planned the two bears should soon
merge to create one panda which has served as the de facto mascot for ethereum's transition the
doodle's presence suggests a level of anticipation for the merge felt at even the biggest of giants
in tech i i can't tell you i think this is really cool so let's do it ourselves ethereum
merge and here we go here's the two little bears coming together here's the countdown here is the
proof of work hash rate and all this information the fact that google has picked up
on this and made a little doodle incredible to see and with the success of ethereum
with altcoins with bitcoin and crypto in general the sec is forced to make some moves sec
to address growing crypto issuer filings with specialized offices so they're creating a
crypto office in light of the influx of filings from cryptocurrency issuers in the united states
the securities and exchange commission decided to set up two new offices this fall to provide
specialized support to the seven offices currently responsible for reviewing issuer filings under the
division of corporation finances disclosure review program the drp the sec announced plans to add
two offices one an office of crypto assets into an office of industrial applications and services
purely focused on dealing with crypto assets and industrial applications and services respectively
sharing insights into the move renee jones director of the division of corporation finance
stated the creation of these two new offices will enable the drp to enhance its focus in the areas
of crypto assets financial institutions life sciences industrial applications and services
and facilitate our ability to meet our mission according to the announcement the office of crypto
assets will take over drp's efforts to review crypto filings allowed the department to refocus
its resources to address the unique and evolving filing review issues related to crypto assets so
the sec has made a division to directly review crypto filings in the united states huge step
forward huge step forward speaking of the sec let's talk about micro strategy
micro strategy is considering buying even more bitcoin the firm filed with the
sec to sell up to 500 million in class a stock guess what it may spend the proceeds on so first
of all reviewing micro strategy to this point publicly traded software company microstrategy
is already the single largest corporate holder of bitcoin with over 129 000 whole bitcoins in its
coffers now just one month after its bombastic ceo michael saylor stepped down and one week after the
washington dc attorney general sued the company and sailor for alleged tax fraud the company wants
to buy more taking a look at the filings to the scc they said quote we may use the net proceeds
from this offering to purchase additional bitcoin what do you think about this what do you
think about this i mean a sailor is either going to be looked at in the future as a fool or
a legend of course i'm a believer i tend to think legend but you tell me in the comments below by
the way anybody complaining about bitcoin's energy use better not be using an air conditioner bitcoin
energy versus air conditioner energy just wanted to put that out there in other news china to
crack down on copyright infringement through nfts interesting authorities in china are going after
creators of digital collectibles based on other people's works of art the use of which was not
authorized the government offense is part of a campaign to combat online copyright infringement
and piracy with the participation of several departments and they're using the verifiability
of of nfts as part of this bitcoin academy in brookland backed by jay-z and jack dorsey
airdrops bitcoin to all of the class participants so hundreds of brooklyn residents attended the the
bitcoin academy even people from jay-z's hometown marcy residents showed up jc's mother gloria
carter told the publication the over 350 people who attended the bitcoin academy classes let us
know that this education is important to them and it matters and each person was given one
thousand dollars in bitcoin sent to their cash app account after courses courses that were
taught include subjects like careers in crypto wealth building and assets bitcoin and taxes and
why decentralization matters and then a quote from one of the instructors a lot of times information
doesn't get to our community not because people are being intentionally discriminatory
it's because they're not being intentional about getting the information there and so
somebody has to pick up the mantle and do it in other news gamestop doubles down on crypto amid a
new partnership with ftx us after launching an nft marketplace and wallet with the help of immutablex
gamestop is continuing its push into crypto following a partnership with ftx this these are
the details gaming retailer gamestop is partnering up with united states crypto exchange ftx us to
bring more customers to crypto and work together on online marketing initiatives in a wednesday
statement the gaming retailer noted that the new partnership will introduce gamestop's customers
into the ftx ecosystem including its marketplaces for digital assets while also seeing the retailer
become ftx's quote preferred retail partner in the us the partnership will also see certain
gamestop retail stores carrying an ftx gift card quote from the ceo of gamestop the deal we just
announced with ftx is a byproduct of our commerce and blockchain team working hand in hand together
to establish something unique in the retail world gamestop did not disclose the financial
terms of the partnership in its statement yet still seems like a win-win for both parties guys if you're new here subscribe to the
channel we do this kind of stuff every day keeping you informed today was sunday news a
little bit slower but i hope i did provide you with some good info and some good value my name
is aaron appreciate you guys see you tomorrow
