welcome back everybody to altcoin daily my name is aaron this is a video that you do not want to miss
there are so many big news stories happening in cryptocurrency and unless you were subscribed to
our channel you have you would have no idea about these the mainstream media does not cover what we
talk about on a daily basis on this channel and that is news opinion perspective different stories
different pieces of news different perspectives that you would not otherwise you'll know about
unless you follow the market every day yourself or unless you subscribe to this channel so that being
said smash the like button because there are so many big things happening and this is number one
coinbase is launching an nft marketplace to compete with openc and from the looks of it from
the information on it it sounds like this is going to be bigger than anything else out there check
this out let's find out some details coinbase nft marketplace and social feed coming later this year
so coinbase has been teasing an nft platform since the spring but has offered little in
terms of details that changed on tuesday when the cryptocurrency giant announced
coinbase nft a service that promises an easy way for users to mint and purchase nfts quote
creating an nft should be as simple as tapping a few buttons coinbase nft will be a peer to peer
marketplace built to enable creativity with an intuitive design built on top of a decentralized
marketplace now the company announced a wait list for customers to sign up for this service but did
not provide a specific date for when it would be available however a spokesperson told decrypt that
coinbase nft should be live by the end of this year so once this gets live this is going to
send nfts this is going to send cryptocurrency to you know an order of magnitude higher than what it
is right now this is going to bring in you know an order of magnitude more people into the space now
this is going to be closer to an open sea where anybody can mint anybody can buy or sell
in a permissionless way an unstoppable way it's going to be more like an open sea unless like
gemini's nifty gateway which provides a more curated experience and does not permit users to
move nfts off of their platform it's going to be closer to an open c and less like a nifty gateway
and the most intriguing part to me is that you know the most intriguing aspect of coinbase nft
may be that the company describes it as a personal feed while coinbase offered few specifics about
how it will work it appears the goal is to blend social media and nfts allowing users to follow
favorite artists or share their interests with their friends so my question to you is because
this is what it supposedly is going to look like what does this look like to you what other
social platform does this look like to you answer that in the comments section and i think you see
where all of this is going now on top of that you know i love the fact that we're so early that all
these different companies are competing for market share because coinbase ain't the only game in town
open c nifty gateway this is just the beginning ftx us launches nft marketplace on solana
one of the world's biggest crypto exchanges is launching its nft marketplace today today the key
takeaways are this a solana nft marketplace went live today on ftx us this is the same ftx us which
renamed miami basketball stadium is just forming all these partnerships with major league baseball
and the national basketball association and really taking taking marketing in the us you know to to a
different level so this same ftx us is launching its own nft marketplace this is interesting nfts
minted on the platform can be traded in not just solana not just eth it's usd2 usd solana and eth
so normally we just see ethereum now it's solana and ethereum and a solana native marketplace is
also incorporating ethereum pretty cool to see now users will be subject to kyc
but the cool thing is the exchange is also undercutting the current leading nft marketplace
open c by charging two percent fee on every sale while openc charges 2.5 so if they're both
eth compatible why wouldn't you just use ftx us solana nft marketplace or why wouldn't
openc adopt adapt so they don't get undercut a great time to be in crypto
this made me laugh let me know what you think of this in the comments below jp morgan ceo jamie
diamond again goes on record with bitcoin he says bitcoin is worthless among other things he said
bitcoin is worthless it seems like almost every year jamie dimon has something to say on bitcoin
so let's go through this and keep in mind guys i think jamie dimon owns bitcoin i know
his clients are interested in bitcoin and stay tuned it's a you know it's a watch what they do
not what they say situation but since 2014 jamie diamond on bitcoin terrible store of value 2015
will not survived it will be stopped 2016 going nowhere 2017 a fraud don't you wish you would have
bought bitcoin at any of these times where jamie dimon discouraged youtube 2018 well i don't really
give a crap 2019 they launched their own jp morgan coin 2020 that's not my cup of tea now 2021 i have
no interest in it it's fool's gold it's worthless keep in mind that bitcoin just keeps going up
and again when he says it's worthless when he says he's not interested to me this translates to he is
bullish he is buying somebody in his circle is buying bitcoin for him or he's getting exposure
in some way because did you forget about this when jamie diamond said bitcoin is fraud well
listen to this jamie dimon says bitcoin is a fraud he says he'll fire any one of his traders buying
bitcoin bitcoin drops 24 when jamie dimon speaks people listen people listen so that weekend we
found out that the largest buyer of a of a bitcoin fund that's in europe that buys physical bitcoin
right the largest buyer was morgan stanley and jp morgan and that's not illegal
he says it's a fraud says you fire anyone that buys fire yes and at the same time his company
is buying his company is buying it so it's just i mean so unethical so before we move on to altcoins
just to put a pin in this keep in mind bitcoin is now worth more than the three largest banks
in the united states combined including jpmorgan jp morgan worth half a trillion dollars bank
of america worth a third of a trillion dollars wells fargo worth a fifth of a trillion dollars
now bitcoin has just surpassed a trillion dollars and it's on an uptrend so to me these people like
jamie dimon are not helping the little guy like you and me they're not providing the mainstream
media just shares stuff like this hardly provides any perspective or context and you know that's why
i think you know our channel has been doing so well recently because we do try to provide value
uh we did just hit a million subscribers and we did just get this play button pretty cool i'm
honored i'm humbled um awesome to be here with you anyways moving on ethereum is screaming bullish
i can't believe some people are still bearish on this ethereum unchained metrics set the stage for
a rally so keep this ethereum is holding above crucial support the supply of eth on exchanges
is decreasing and the number of new addresses on the network is soaring how could you not be
bullish on eth and eth interoperators and competitors but eth specifically
keep this in mind ethereum dominates the total value locked by smart contract platform so you
can see eth is in the black right here we have binance and the purple and you can see the key
right down here eth is a clear leader you know the data speaks for itself now i do want to share with
you news on binance i do want to share with you celsius news i do want to just show you how much
money is flowing into this space and where i see bitcoin and cryptocurrency going in the short term
and where i see bitcoin and cryptocurrency going in the midterm and just my thoughts on the market
in general before we get to that let's talk about a low cap cryptocurrency project which actually
has a real use case it's called decentral web it's a decentralized implementation of dns base layer
protocol on the ethereum blockchain so understand what i'm showing you here decentralweb is a
decentralized implementation of dns base layer on each committing to taking back the internet one
layer at a time so what can you do with this they aim to transform the internet and domain
name system by allowing anyone to permissionlessly create their own top-level domain tld and own it
permanently on the ethereum blockchain so if you think the eth blockchain is here to stay
if you see value in the service and like domain names you know decentralweb.org is a domain name
almost everybody has not almost everybody but tons of people have their own websites if you want to
register your domain on the eth blockchain i'm going to leave a link to this in the description
below so you can do this decentral web is a sponsor for today's video so let me tell you about
them who can use this many people individuals businesses so for instance corporations and
businesses buy and own a completely custom top level domain like tesla like dot apple like dot
bob appliances individuals can do this purchase your own name or keywords for tlds once registered
you can create associated sub domains such as gardening dot hobby or john.doe all on the eth
blockchain all permissionless all decentralized stakers can do this users who lock their tokens
to earn passive returns on sales or products and services those who operate dns nodes on the
decentral web network stakers can do this and just overall freedom seekers and privacy enthusiasts
never worry about censorship or removal of your domains and content while providing pseudonymous
ownership this is a problem that they're solving since the creation of the internet
we've built some of our greatest inventions on it but somewhere along the way we've gone off
course this has resulted in a centralized internet where a few gatekeepers such as tech companies and
others have unprecedented power everybody's online actions are tracked and censorship is rampant at
the flick of a switch an entire company or individual's online presence can be deleted
can we think of anybody who this has happened to this can happen for political reasons or
simply because one's company does not agree with another's business practices head on over link
in the description register your domain name if you so choose find out more about how all of this
works on their website and where they're going we like the central web we will keep the central
web on your radar now let's pivot let's talk about how much money is coming into this space
finance largest exchange in the world right launches a 1 billion dollar crypto fund binance
has launched a 1 billion fund to promote the binance smart chain as well as promote
a variety of other sectors all of crypto is going to benefit from this and we've been showing you
information like this for over a year now i mean the amount of money vc money and just money in
general that's flooding into this space cannot be ignored and we've been sharing this stuff with you
for over a year crypto lending platform celsius has just raised 400 million despite scrutiny from
u.s regulators the latest 400 million funding round gives celsius network a valuation of over
3 billion so they're not evaluated over 3 billion just had a great funding round they are getting a
little bit of scrutiny from u.s regulators they do have their own coin what do you think you bullish
on celsius you bearish on celsius i know a lot of people are bullish on celsius or at least use it
let's talk about bitcoin let's talk about where i see this market going as we get into q4 first
of all understand this this is why we bitcoin usd purchasing power versus bitcoin price performance
in 2021 alone u.s purchasing power has gone down bitcoin purchasing power has gone up and in larger
time frames it's obvious the problem in larger time frames it's obvious bitcoin fixes this so q4
i'm bullish based on everything we talk about all the time on this channel now it's quite possible
that we do see a pullback that we're seeing a pullback now but this is exactly what might be
needed for the market to go higher in bitcoin bull markets especially on the latter half
you know this people are surprised that bitcoin and crypto breaks to the upside
this last quarter and probably q1 of 2022 might be the best time to be in cryptocurrency i hope i was
able to keep you informed in today's video today let me know what you think about nfts and just
the explosion of nft marketplaces we're seeing or anything else we talked about jamie diamond
anything all right guys i'll see you tomorrow it's going to be a great q4