what do you think are the best crypto investments in the space today seriously what do you think
my name is Aaron this is altcoin daily in this video we will go over altcoins I would pick up
if and when we get a dip what 10x altcoins would you buy on a dip first and foremost do not count
ethereum out with ethereum's strong community and growing ecosystem it's really no surprise
that many consider it the best investment of the decade I tweeted this make sure you follow us on
our Twitter altcoind daily IO ethereum has never been stronger in my opinion fundamentally speaking
and here's why ethereum smart contract deployment people building on eth jumped almost 300 percent
in 365 days when it comes to ethereum's supply versus demand Dynamics 4.6 billion dollars worth
of ethereum 4.6 billion Supply gone up in Flames burnt since EIP 1559 first took shape this is
because of ethereum's growing dap ecosystem nfts defy in particular openc and uniswap fueling the
fire of eth burning take a look at your screen right now ethereum is back in deflationary
territory did you realize fundamentals have never been stronger even in the midst of a bear Market
do you really want to know what's going to drive ethereum Mass adoption in the next year or so sign
in with ethereum is a game changer for user choice on the internet sign in with ethereum
is the game changer for this next year or so instead of submitting to Big login users can
now log in using the same Keys controlling their blockchain accounts without an intermediary let's
let the eth bowls add Bank list explain to you what a game changer this is sign in with ethereum
it is something I'm bullish on and it's something that I think is also going to be very very helpful
with putting ethereum on the map when it comes to mainstream adoption sign in with Facebook sign
in with Google or sign in with your private Keys which you mentioned yourself and you control and
being able to log into a website without having to do email and password and other identities I think
is going to be a big Catalyst for just people accepting ethereum into their lives as there's a
higher Fidelity relationship between your ethereum address and your identity because of the PO apps
you collected or the attestations that you have or the things that you have done your ethereum
address can represent more and more about you that you control as ethereum identity grows
sign in with ethereum also becomes more useful beyond that ethereum just hit 500 000 validators
as in stakers ahead of a big upgrade the Shanghai upgrade ethereum validators will soon be able to
withdraw their earnings from staking after the upcoming Shanghai Network update this validator
Milestone comes as ethereum's core developers look to implement the so called Shanghai upgrade
scheduled for some time in March after this update validators will finally be able to withdraw their
staked eth and rewards earned from having staked thus far the Shanghai upgrade in terms of price
will it be an event or a non-event how should we be thinking about the ethereum Shanghai upgrade
how will things change when ethereum Shanghai upgrade ships Brian mosoff ether Capital CEO I
mean I think in terms of price it may be an event it may be a non-event I I always take a long-term
view I think it's important in that there's a lot of idle eth that wants to stake that watch
The Beacon chain go live a number of years ago and then the merge get delayed and delayed and so they
didn't want to have that lack of liquidity so they decided to sit on the sidelines and that still may
be the case we may be hearing that it's going to happen in q1 this year the ability to withdraw
your staked ether when it finally does happen though I would imagine that more more people will
want to stake their eat if they're sitting on it and not looking to trade it or move it into some
other lending protocol it'll be the beginning I think for anyone who wants to create a structured
product and wants to bring that to Market this is one of the hurdles Regulators are going to
be curious how do you get liquidity whether it's daily or with redemptions and right now people are
looking at derivatives of staked ether liquid staked ether tokens I don't I don't love those
personally I think it just creates more leverage in the system so I think that the Shanghai upgrade
further proves that this community this developer set can deliver these big technical Milestones
much to the Chagrin maybe of the Bitcoin community that says it'll never ship it'll never happen and
so it's great it's just further proof that this protocol is going to continue to upgrade itself
and be the leader of the smart contract platform set of blockchains by the way subscribe to our
channel altcoin daily turn notifications on so you can be the first to see our daily videos on
a daily basis keeping you in tune with everything going on in crypto reminder ethereum is the king
of alts there's a lot going on with ethereum that's why I spend time on it but when ethereum
is weak versus Bitcoin most other alts will follow so on a dip these are the altcoins for me
personally I would buy l2s are amazing businesses I'm bullish on ethereum's L2 ecosystem arbitrum
made 4.6 million dollars worth of profit in 2022. optimism made 3.3 million dollars worth of profit
in 2022. I like these coins I like polygon and certainly I'm not the only one Forbes talking
about polygon they praise the team's work they praise the protocols technology what are some of
the names we don't recommend any Investments here but are there particular companies that
are emerging are particular solutions that are most enthusiastic Embrace I will say
that there's a name that I'm seeing frequently mentioned in the headlines right now polygon
um polygon uh seems to have a really winning combination of technology and team and we're
seeing them not not only getting some pretty impressive contracts but providing uh some
some really new functionality that is getting what do they do the adopters so they're um uh helping
companies build with blockchain they're one of these companies that are sort of integrating some
of the functionality that is common amongst all institutions into the software layer itself and
um they're kind of shortening the time to create new applications by integrating it into the
blockchain itself so this is what I'm talking about where the layer two stuff is frequent
certainly uh um just the next step towards actual tools the applications themselves uh are being
built on top of these Layer Two Solutions so you'll see you're seeing um institutions uh both
old institutions from the pre-blockchain world and newer institutions that are crypto native as
we've been saying um that are are building tools directly on polygon polka dot kind of a dark horse
in the L1 space however it's interoperable which is why I like it and they just had a big upgrade
polka dot enhances its cross-chain ability between blockchains polka dot has released a
version 3 of its cross-chain messaging format cross consensus messaging xcm which enhances
interoperability between different blockchains in its ecosystem the code for the update has
been successfully merged into the master branch of the polka dot repository on GitHub with XC
and version 3 in place the ability to move assets across different blockchains within polka dot has
been enhanced this will apply for both regular tokens and nfts on top of that we talked about
validators earlier the number of validators on polka dots mainnet increased throughout
2022 helping polka dot achieve improvements in decentralization and security Nakamoto coefficient
measuring the minimum threshold required to break the blockchain puts polka dot well clear of other
projects I'll throw Avalanche in there Avalanche doing cool stuff you can send Bitcoin to people on
Avalanche within one second there are no capacity limits if you have it your recipient can receive
it immediately again this is Bitcoin on Avalanche no failures and you can use your Bitcoin as
collateral and borrow against it without selling pretty cool check out Avalanche take two seconds
comment one altcoin that you would add to today's list subscribe to our channel altcoin daily for
daily crypto coverage turn notifications on so you can be the first to be updated and watch our
videos when we release them honorable mention coin for today's list xrp the xrp lawsuit could settle
in the first half of 2023 if and when this happens I think it'll be a good short to midterm play get
a check in on what's going on with that lawsuit uh with the SEC and ripple are you nearing it
in potentially are you planning to settle with the SEC well we have always said that we would
love to settle but it requires one very very very important thing and that is that on a go forward
basis it's clear that xrp is not a security the SEC and Gary Gensler has very outwardly said he
views almost all crypto as a security and so that leaves very little space in a Venn diagram for
settlement that the case is now fully briefed in front of the judge and you know judges take
however long the judges will take you know we're optimistic that this will certainly be resolved
in 2023 and maybe the first half so we'll see how it plays out from here but I feel very good about
where we are relative to the law and the facts so you are you going to wait for the judge to
to come out with a decision on this one I'm very optimistic and I think absence some significant
change in posture from the SEC I can't imagine that we won't have resolution from the judge I
also will point out I'm certainly something I've heard here in Davos repeatedly is how important
this is not just to how Ripple it goes forward but also really the whole crypto industry in
the United States and I keep reminding people that outside the United States crypto is still thriving
Ripple is still thriving and we should make sure we're continuing to engage non-us regular