Welcome back to "GM Web3," your trusted source for all things related to the world of Web3, cryptocurrency, and NFTs. In today's episode, we're diving into a range of exciting topics that are shaping the digital landscape.

First up, let's talk about the latest economic data. Payrolls have just been released, and they've surprised us by coming in slightly above expectations. Unemployment numbers are also better than anticipated, and wage inflation is showing a lower-than-expected increase. These indicators collectively suggest that the labor market might be showing signs of slight weakening. Stay tuned as we eagerly await the Federal Open Market Committee (FOMC) meeting to see how the Federal Reserve interprets and responds to these numbers.

Shifting our focus to the world of cryptocurrency, we've noticed that the crypto market is on a downward trajectory, with altcoins following suit. It's a fascinating trend worth keeping an eye on as we explore the factors contributing to this drift.

In a special segment, we had Mika join us to discuss recent developments in the crypto space, including changes to a mysterious project known as "X." Mika also bounced some insightful takes off of OSF (our resident expert) about the broader macroeconomic landscape, providing valuable perspectives on the intersection of traditional finance and the crypto world.

Lastly, in the NFT realm, we've got exciting news! The renowned artist Sam Spratt and the council have made their selections for the "Observation Winners." Three lucky individuals have been chosen to receive unique and coveted NFT skulls. We'll delve into the significance of these selections and what they mean for the NFT community.

Tune in to "GM Web3" for a comprehensive and engaging exploration of these topics and more. Whether you're a seasoned crypto enthusiast or just dipping your toes into the Web3 waters, we've got you covered. Don't miss out on the latest insights and updates that are shaping the future of digital finance and art. Subscribe today, and let's navigate the Web3 world together!

GM!

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