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