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expands its nft integration to Facebook this is huge so it started off on Instagram and now
Facebook you say it's a bear Market people say it's a bear Market but look for all the building
going on in the bear Market meta is forging ahead with its nft plans the social media giant stated
today that Facebook users will now be able to connect digital wallets to share their nfts on the
platform of course Mata had previously declared that it would expand its Instagram nft integration
pilot to over 100 countries in Africa Asia Pacific the Middle East both North and South America
while today's announcement did not clarify which blockchains and wallets would be supported
Facebook's nft integration will likely be the same as Instagrams of course if this is the
case it would mean that rainbow metamask trust wallet coinbase wallet Dapper wallet would all
be connectable with acceptable blockchains being ethereum polygon and flow so this is a huge Win
For ethereum polygon and flow huge win for nfts huge win for Facebook and just all around a green
flag that crypto nfts are not going away this is just the beginning as if you need further proof
again this is happening quietly in the background this happened the other day Reddit has launched
their own nfts they're giving out these nfts for people who have a lot of karma who use the Reddit
platform a lot notably the term nft was never mentioned they did mention blockchain however
this is another win for ethereum and ethereum layer twos an example of the benefits they say
you get by being part of their nft community stand out in the comments add card to profile mix with
other Avatar gear awarded to top redditors you own your collectible transferable via the blockchain
pretty cool now Facebook's got it Instagrams got it and again Watch what they're doing they added
nfts to their platform also Reddit co-founder their firm launched a 177 million crypto fund
quote now is potentially a unique opportunity to invest in strong Founders at a discount the new
crypto funds marketing materials reportedly read so people are still throwing money into crypto
even in a bear Market projects are continuing to implement to upgrade only 13 more days until
the ethereum merge goes live I like this as an ethereum holder remember you don't have to do
anything this is going to happen in the background you don't have to opt into anything sign anything
except the only thing you need to do is recognize what a huge moment this is for ethereum and the
cryptocurrency space at large now Charles hoskinson cardano what do you think about
this project let me know in the comments not to be outdone cardano Creator Charles hoskinson claims
that the vassal hard fork for Ada for cardano is about to happen during ethereum's merge possibly
let's find out some details the vastal hard Fork is approaching and according to cardano
Creator Charles hoskinson it might happen sometime in September sometime during the
merge possibly possibly 13 days cardano's vassal hard Fork will do this for cardano
for cardano improvement proposals cips will be included by the vassal hard Fork cip31 reference
inputs cip32 inline datums cip33 reference scripts and cip40 are some of the cips some of the
collateral outputs one specific modification cip31 will significantly lower cardano's transaction
fees according to developers obviously this is a big upgrade for cardano and it seems like they're
trying to capture a little bit of the press ethereum has a more firm date for their upgrade
Charles hoskinson said we might do it in September maybe it'll happen after September either way this
is what's going on in the world and and this is what's going on in the world this was crazy to
me check out some of these details crypto.com The Exchange accidentally transfers 10.5 million to a
woman instead of a hundred dollars took them seven months to find out she was spending the money
crypto.com one of the world's largest cryptocurrency trading platforms it's now
been revealed the company accidentally transferred 10.5 million to a woman in Melbourne Australia
when she was seeking just one hundred dollars a refund it then took crypto.com more than seven
months to realize this error the crypto trading platform launched legal action in the Supreme
Court against two sisters to get their money back the court heard the company accidentally entered
an account number in the payment field so a large number instead of the 100 which was supposed to be
the refund it happened in May last year but the mistake was only discovered in a company audit
just before Christmas this was the property that the woman purchased with that money that got sent
to her when crypto.com tried to recover the money the cash had already been moved and used to buy a
multi-million dollar mansion this is it but now a judge has ordered the property to be sold and
with orders made for the remaining money to be returned you know in the 2000s the dream for
everybody was getting thrown keys to a Ferrari now the dream is to have an exchange or somebody
just send you money to your cryptocurrency currency account let's talk about the market
Bitcoin still under twenty thousand dollars on heavily cost averaging at these prices I ask you
is now the time to buy and if so why again my opinion is Bitcoin is in the buy Zone look at
this do you know what this is this is the coveted the historical Bitcoin rainbow price chart where
where Bitcoin is today very similar to how it topped out in late 2017 same price range right
here except back then it was near the red now it's near the blue now does the rainbow price charge
hold any you know real significance not really it is just a rainbow that's fit onto the chart but
it has held up rather well past cycles and right now it's saying that Bitcoin is basically a fire
sale do you agree with this do you disagree with this let me know in the comments below of course
we do always try and give you the full picture on this channel this is why you subscribe and I
would point out this that gbtc the discount seems like it cannot find a floor right now the holding
price for gbtc's grayscale fund that Bitcoin there is priced at thirteen thousand four hundred so a
significant discount we are nearing extreme value territory but where does it bottom and the reason
this is important because this is how a lot of big money institutional players choose to buy
Bitcoin where they can just buy a ticker they don't actually hold real Bitcoin and right now
it's at a discount so if they're not willing to buy the discounted Bitcoin fund are there going
to be a lot of people stepping in to buy the real stuff I think we do need to find a floor for gbtc
but I think it's going to happen within the next couple months let's talk about prominent ethereum
scaling solution arbitrom has a huge upgrade coming up tomorrow before that let's compare
user growth of optimism versus arbitrum two very prominent scaling Solutions optimism just launched
their own token arbitrum probably will in the future I assume so comparing the two there's
evidence that optimism's growth is inorganic optimism's transacting addresses grew sharply
from the ecosystem's incentives they offered these Primo incentives but fell off in recent
weeks so the incentives weren't enough to keep the people there Arboretum however has managed
consistent active user metrics without offering any incentives for Network usage just interesting
thing to keep track of now with arbitrom major upgrade is set for August 31st the Nitro upgrade
will further improve the transaction fee crisis that has plagued the growth of the ethereum
network of the past two years so again just uh everybody's on the same page here the merge
will not help that much with transaction fees probably you won't notice anything at all the
fees will stay the same however after the merge as these eth scaling Solutions continue to get bigger
and better like this the fees will be drastically reduced ethereum layer 2 scaling solution arbitrum
is set to undergo one of its most significant upgrades on Wednesday set to increase transaction
throughput slash transaction fees and simplify cross-chain communication between arbitrum and
ethereum if you're unfamiliar arbitrum is an ethereum layer 2 scaling solution that utilizes
optimistic roll-up Tech to bundle large batches of transactions off chain from ethereum spark
contracts and decentralized apps before submitting it to ethereum according to off-chain Labs GitHub
account Nitro will represent a fully integrated complete L2 optimistic roll-up system that builds
on arbitrum 1 with newly improved fraud proofs along with updated sequencers token Bridges and
call data compression mechanisms we'll continue to keep you updated on this exciting stuff happening
in the ethereum ecosystem many people have been asking us to cover certain projects they like one
being chain link more so let's talk about chain link today 100 plus dapps across the blockchain
ecosystem are using chain link Keepers to reliably automate smart contract functions from D5 to
gaming to Dynamic nfts here are seven examples of Keepers Saving Time enhancing decentralization
and improving user experience all with a chain link so just to list them off prediction markets
yield farming rebasing fund management gaming Dynamic nfts payment and rewards those are all
things that use chain links Keepers to reliably automate smart contract functions in other news
cbdc Central Bank digital currency alternative fed now to launch next summer the Fed Federal
reserve's instant payment system fed now could go live between May and July what you need to know is
this Federal Reserve Vice chair Brainard announced today that fednow is scheduled to launch between
May and July 2023 fed now is the federal reserve's instant payment service it will allow households
businesses and financial institutions to settle transactions at any time of the day Federal
Reserve Governor Michelle Bowman believes fed now resolves some issues that a cbdc would address hey
they're doing this but a cbdc will be coming to at some point and they're basically looking
at Bitcoin ethereum crypto stable coins are going damn our old stuff can't really compete anymore we
need to update this system or we're going to fall far behind fast so exciting stuff going on hey
my name is Aaron altcoin daily subscribe to the channel we keep you updated on a daily basis check
out some of our videos from the past couple weeks whichever ones you like and I'll see you tomorrow