Altcoin Daily
Is Bitcoin and crypto still a good investment? Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: o Timestamps: 0:00 – Introduction (Watch The Whole Video)! 1:11 – Is The Bitcoin bull market over? 2:27 – Bitcoin is scaling! Bitcoin L2 at ATHs! 3:02 – Ethereum looks like it has bottomed!!! 3:40 – What about altcoins? (Major ALTCOIN Boom) 4:43 – Public Companies Accumulating Bitcoin! 5:11- Microstrategy Buys More Bitcoin, Now Holds $5.1B 5:34 – Which Companies Hold The MOST Bitcoin? What %? 6:07 – So Many Whales Have Been Buying in Secret! 6:51 – Understand This 7:16 – DEMAND from BIG PLAYERS to BUY BITCOIN! 8:08 – Ethereum L2 EXPLODING! 9:05 – What is Arbitrum? What is Optimism? (ETH L2) 9:51 – Opportunity!!! 10:41 – Cardano Upgrade SUCCESSFUL! – What is Next? 11:34 – Big Partnership for Elrond (Egld)! 13:06 – Litecoin & Walmart – The Facts 14:30 – Final Thoughts **Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin. *********************************************************************** 🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links) Support us on Patreon here 👇 and be a part of exclusive content and voting power y Protect and store your crypto with a Ledger Nano: c — Earn Bitcoin Back w/ BlockFi Rewards Credit Card: c — Get up to a $250 Sign Up Bonus: y Get $10 Sign-Up & Buy Bitcoin With Swan👇 / Buy Bitcoin with Cash App: Try it using my code and we’ll each get $5. MMQHWLG G Sign up for Coinbase & get $10 in free Bitcoin: r To open an IRA with iTrustCapital & get 1 month FREE use code “ALTCOIN” or click this link: 6 Earn Bitcoin For everyday online purchases: q Fold App: Get 20,000 sats by using my referral code: “RNAKA4MF” F 🏺Buy Me A Beer 🏺 ►BTC: *********************************************************************** Altcoin Daily, the best cryptocurrency news media online! #bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #motivation #coinbase #stocks #wallstreet #investor #wealth #bullish #bearish #cryptolive #altcoindaily ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This is NOT an offer to buy or sell securities. Investing and trading in cryptocurrencies is very risky, as anything can happen at any time. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video. cryptocurrency, crypto, altcoin, altcoin daily, news, best investment, top altcoins, ripple, ethereum, xrp, crash, bull run, bottom, crash, rally, macro, price, prediction, podcast, interview, finance, stock, investment, too #bitcoin #cryptocurrencynews #bitcoinnews #cryptocurrencynewsmediaonline y s This video was created on m
welcome back everybody to altcoin daily my name is aaron smash the like button because in today’s video we’re answering the question this is the question of the day is bitcoin still in a bull market is cryptocurrency still in a bull market i’m curious to know what you think in the comments below which cryptocurrencies aren’t a bull market which cryptocurrencies aren’t in a bull market or how you think about it in today’s video make sure you watch the entire thing we will be answering this question and more than that we’re going to go over big updates with bitcoin ethereum cardano litecoin elrond and much much more give the video a like and let me know if you got in before 1 million subscribers we are on a road to 1 million subscribers we’re about to clear that any day now of course the reason why you subscribe is because on a daily basis we keep you informed on the entire cryptocurrency market the mainstream media will never share this information with you we try to do the best we can to keep you informed in the know so you can make the smartest decisions in crypto with that being said let’s get into it bitcoin has a you know from the way the market’s acting this is seemingly a severe dip bitcoin at 44 800 a lot of people seem to be bearish in our comments on bitcoin and cryptocurrency twitter is the bull market over that’s the question we’ve been pumping for you know years now we’ve been broken past all-time highs was this the ultimate top that is what people are wondering here’s the thing if the bitcoin bull market is over then this would be the shortest bitcoin bull market in history do you realize this if bitcoin’s bull market is over then this would be the shortest bitcoin bull market in history well that just doesn’t seem likely with the explosion of building education and awareness the cryptocurrency industry has seen if you’ve only been involved in crypto for the last six months maybe you don’t fully understand this but if you’ve been in cryptocurrency for years now like we have and like a lot of our audience has then you understand the bigger picture here when in doubt zoom out why is bitcoin dipping so hard maybe you’re looking at it on the hour chart or the day chart or the minute chart but if you zoom out you see that in actuality things have never been better we go over tons of different metrics on this channel all the time with bitcoin and other cryptocurrencies often showing you the behind the scenes on chain metrics why it is bullish and why it has been bullish for the last year or two this is just another metric the lightning network now has 2488 bitcoin in over 73 000 channels bitcoin is scaling bitcoin is scaling so bitcoin has never looked better in my opinion people are buying we’ll go over this in just a second but let’s talk about ethereum real quick if we are in a bull market which i believe that we are in my opinion this is the bottom of eth the same range from a few days ago confluence on both bitcoin and usd pairs are good a lot of historical confluence from 2017 and 2018 the point of this is that ethereum may have bottomed this is ethereum versus the usd pair as you can see we’ve just touched some major support which used to be resistance now turned into support and ethereum versus bitcoin the parabola has yet to be broken so we might have bottomed out for ethereum and this might be a fantastic time to buy eth now talking about altcoins what’s interesting as strong as bitcoin looks right now cryptocurrency looks strong and bitcoin dominance right now is at support if this is bitcoin dominance if bitcoin dominance breaks lower we could see a wild run on altcoins kind of leaning more towards a 2018 market cycle where bitcoin kind of chops slash bleeds while alts make all-time highs closing below this support could help confirm that thesis here’s the thing guys if any of us knew the future we’d all be rich i constantly accumulate bitcoin i’m in plenty of all positions realizing profits into bitcoin or other coins that i truly believe in or think have a better chance let me know which coins if an alt season is to come which coins are you partial to which coins are you buying the ethereum inter-operators and competitors have been doing quite well the solana’s the eagles the avax’s i’m sure i’m missing some the polka dots those coins have been doing quite well for me let me know what you think the next trend is or which coins you’re looking at going forward and there’s nothing wrong with just accumulating bitcoin on a regular basis or a select few coins that you truly believe in and truly think have great fundamentals because what we’re seeing is companies that have to disclose that they own bitcoin continue to buy on a regular basis whenever major dips happen just recently micro strategy adds to its bitcoin stash they now hold 5.
1 billion worth of bitcoin from july and september microstrategy has added 900 bitcoin to their holdings they are a publicly traded company they have to disclose there’s plenty of private companies and private entities that do not have to disclose but regarding public companies that own bitcoin i’m not sure if this has updated with microstrategy’s recently disclosed numbers but even that being said microstrategy owns the most bitcoin than tesla then galaxy digital and voyager than square then marathon the coinbase and adding all this together publicly traded companies own over one percent of all bitcoin ever pretty interesting they’re taking the risk are you and by the way the exact number of bitcoin that microstrategy bought this was in the on-chain data just like all the other unidentified whales that we’ve been tracking so understand this looking at unchained data which is 100 accurate whale holdings have increased by 100 000 bitcoin in the last three weeks if sailor bought just 5050 of those coins then who bought the other 98 000 bitcoin i guess we’ll find out eventually publicly traded companies have to disclose we will find out eventually unless it’s a private individual or private entity then maybe they’ll keep that to themselves the point is we can see unequivocally unchained that the bitcoin is being bought many by wales on a regular basis and understand this too 400 days ago microstrategy owned zero bitcoin they first bought bitcoin 400 days ago around 11 000 many people at that time thought microstrategy was buying more towards the top turned out to be a great decision and they have just continued to buy their average price is around forty thousand dollars for bitcoin pretty cool and if you take a look at what’s going on in the world you see that there is a demand for you know big players to buy bitcoin we do not have a bitcoin etf in the united states yet which would make it very easy for big players to get involved so what do we see happening well arc invest targets canadian bitcoin etf investment investment firm arc invest which is kathy woods is fund they’re now considering investing in canadian bitcoin etfs because the united states has yet to launch such a product so canada has them the us is dragging their feet i mean there’s demand that’s the point there’s demand for bitcoin for ethereum and i mean this whole space cryptocurrency has grown by leaps and bounds orders of magnitude in the last three four years if you’ve been on a journey with us here for a number of years you know what i’m talking about let’s talk about how ethereum is scaling and again we did not see this stuff just two years ago this is all things that are happening this year and this is fundamentally bullish ethereum layer 2 arbitrarum soars to 2 billion in value locked arbitrage has seen rapid growth as d5 users deploy their capital in emerging yield farms these are the key takeaways arbitrarum has secured more than 2.
2 billion in total value locked with usage soaring in just the last few days almost 29 000 unique addresses made transactions on the network on sunday arbitrage skyrocketing growth and total value locked was triggered by the launch of just one yield farm called rb9 and because this is so nascent you know just one person moving on to the network can mean big things for the overall value of the network and if you’re unfamiliar with arbitrary it does not have its own token it uses technology called optimistic roll-ups it was developed by off-chain labs the project leverages optimistic roll-ups to process transactions at a higher speed and lower cost than ethereum mainnet while benefiting from the security of the base chain it works by carrying data off chain and sending batches of transactions to ethereum mainnet as call data arbitrom’s closest competitor optimism also uses optimistic roll-ups though delays in launching have led to arbitrarum stealing the layer 2 spotlight so far so ethereum is scaling in many ways we’re seeing bitcoin scale with the lightning network and this is something to think about ethereum layer 2 scaling solutions optimism and arbitrarum almost definitely going to do a dydx slash uniswap style retrospective token drop right because we have other each scaling solutions like loop ring which already have their own token but we’re seeing all these projects build their network first and then drop their tokens to people who already support and use the network i think there’s a good chance this will happen and people who used uniswap or dydx before they dropped their token got thousands of dollars for free so consider this maybe if you’re in to using the ethereum network consider trying out optimism and arbitrary just once can make you eligible if they do do a retrospective token drop something to think about let’s talk about cardano my friends it has happened cardano successfully launches the alonzo hard fork cardano has deployed plutus smart contract functionality on the mainnet september 12th has come september 12th has passed now cardano is fully smart contract capable this is not the end this is just the beginning my question to cardano and ada holders is this is a serious question besides the general growth of the ecosystem are there specific things for cardano holders to look forward to especially in 2021 in the next six months to a year in general cardano holders besides just general growth what are you looking forward to is there anything to look forward to as far as cardano upgrades or events or anything of the like let me know let’s talk about another ethereum interoperator competitor i am bullish on open source platforms that are competing or interoperating with eth like eagle like elrond and the news is this kucoin lists eagled and this is the key part announces strategic integration enabling listing of elrond’s esdt tokens we are excited to announce that leading exchange platform kucoin has listed e-gold and also completed the full integration of its systems with the elrond network mainnet which means that projects building on elrond have the opportunity to access the broad community of more than 8 million people and the deep liquidity of the prominent exchange platform kucoin with the trading volume currently exceeding 3.
5 billion in the last 24 hours kucoin is ranked fifth overall by coin market cap and is a trusted avenue for the crypto community ever since it was established in 2017. i agree with this kucoin is a top mid-tier cryptocurrency exchange at least and eagle being listed there is a good thing but even more so it seems that any coins that are building on top of elrond like we see building on top of ethereum seems like they’re automatically going to get listed on kucoin and have access to liquidity so that’s pretty cool for eagle and lrond fans final piece of news my friends this was interesting litecoin surges on debunked walmart news so litecoin pumped 30 percent because some news went out litecoin briefly spiked on what turned out to be a fake press release announcing that walmart would accept litecoin the litecoin official twitter account even retweeted this um it was in global news wire this is where i originally stemmed from it seemed to be legitimate and a lot of people were covering it even rooters even like traditional you know news publications have nothing to do with crypto covered this and it pumped litecoin other than litecoin dumped leading the litecoin foundation to even put out this press release saying hey this was fake news a fake press release which looked to be official was sent out this morning across global newswire it is not our policy to release a partnership in such a way regarding the quotes within the article itself these two are fabricated it did not come from charlie lee the creator of litecoin and managing director of the litecoin foundation several media outlets including reuters did cover the story first and in response one of our social media team members was a little too eager shared the story in the litecoin twitter account this was quickly deleted and we have taken steps to correct further future issues our marketing team has been responding to inquiries that this is indeed false so make sure that you always have the best information subscribe to our channel we always strive to tell you what is true what is factual and provide neutral yet helpful perspective and opinion and you know hey very volatile with news like this in bull markets if this was a bear market litecoin wouldn’t have done anything in a bull market litecoin pumps and volatility is your friend in bull markets all right that is it for me today my friends subscribe to our channel on a road to 1 million see you tomorrow