Hey yo! What’s the good word with my people, the large number of dudes and small subset of women,
who I call the Chico the Army! I know it’s been a couple of days since you seen me in
the studio...but I’m back and ready to put out some killer content once again! So are you ready
to roll over in your grave? Well you don’t have a choice...because it’s time for Chico Crypto!!
Well since I've basically been gone for the entire week let’s talk about
Bitcoin!! I swear I think the markets follow my brain waves...like I talked about yesterday in my
Candid video...I’ve been gone due to a bout of depression which started on Sunday….well
BTC just as my depression was hitting a peak, decided to drop off a cliff….
From 52 thousand down to just below 46k! Now is this something to be worried about?
Noooo...as September is a notoriously bearish month!! I made a video last week,
going through Septembers in the 8 years since 2013 and came up with
an average price drop in September from those 8 years...let’s listen in to what I had to say…
Pulling back out the BTC price chart, it fell right to around that number! A low so far of about
45,300!! Now according to the averages,
this should be MAX pain for the month as from the high of over 52k where we were at September
7th...to the low...was actually a nearly 14 percent decrease! Almost double the average…
And according to cryptopotatoe.com and whale alert’s data...a bitcoin whale,
the 3rd largest individual Bitcoin wallet is accumulating large amounts of Bitcoin
at these levels. They picked up 23 million in Bitcoin at 46,800 2 days ago on September 8th
and a couple of weeks before that, they also picked up another 23 million
at the 47,400 dollar level! Around this number..this level seems to be the bottom level
And I should have known the beginning of September would be rough. My mantra is the more things
change...the more they stay the same...and that is soooooo true in the bitcoin and crypto markets!
One thing that doesn’t change in the crypto markets is Altcoins will
always be around! Altcoins will usually follow Bitcoin...especially if it dumps!
But when Bitcoin goes sideways or starts pumping, Altcoins start to act differently.
Over the past couple of days, Bitcoin has been sideways...and
that means altcoins start to do something different, and PUMP!
As we can see from Coingecko and the 24 hour performance sections,
altcoins were surging, especially ethereum competitors! Algorand leading the pack with
46.9 percent gains in just a day...and then other ethereum competitors having
big gains too...like elrond, cosmos, fantom, iost...but scrolling down,
we can see that nearly 70 coins out of the top 100 were performing better than Bitcoin!
Top 100 coins did well, but coins a little further out did even better,
especially one of my top altcoin picks….
That is Alchemist Coin...which went on literal fire yesterday...up over
100 percent 24 hours!! It started the day yesterday at around 41 dollars, and at
it’s hype peak it almost reached back to 100! Even with the settle down to around
85..that still meant 105.7 percent 24 hour gains! Eat your heart out other alts!
So what was the reason for this PUMP and volume explosion? The volume went from just 400 grand,
to the millions, to the tens of million,
and peaked out yesterday at just above 15 million! Something big had to have happened….
And oh yes….it did! Something I predicted a LONG time ago....
Sooo to begin, a money sign DeFi on twitter tweeted
“Probably nothing to see here with big eyes,
and it was a picture of the Uniswap interface with an added bonus….it said “Front Running Protection!
Your transactions are protected from Frontrunning attacks using Flashbots & mistX….
Say what??? MistX and the flashbots technology is getting integrated into
Uniswap!? Now this is not confirmed yet, nor deployed on the Uniswap we know.....these
are just leaked photos, from what looks like a private repo German version of Uniswap!!
Although, there is evidence to confirm this is most likely true! Within the Uniswap Github,
specifically the Uniswap interface section there is a closed issue titled “frontrunning protections
mistx”...where Alchemist developer dire0x was working with Uniswap senior engineer Moody Salem
to commit this to the Uniswap code, and it was closed 8 days ago!!
Sooo, remember I said I predicted this...let’s just replay a couple clips of mine,
showing that I’m not pulling your leg...first early April of this year, just 5 months ago,
I dove into the initial connections before mistx was even released and this is what I said
And then once again, just 8 days on 4/20... after Hayden Adams,
founder of Uniswap was tweeting about Flashbots. Let’s listen in
Soo, if my prediction is True and Uniswap is integrating Flashbots,
which it really looks like is true I hope you realize how big this is for alchemist coin
and especially the crucible holders!
Within MistX documentation about the exchange layer, and the benefits it says
“Last, but certainly not least, a portion of the miner tip is reserved to further
enrich the Aludel rewards program. This means that by subscribing MIST-ETH LP to our Aludel
rewards program via crucible.alchemist.wtf, our Alchemists are even rewarded for all mistx trades!
Yes, the a portion of the miner tip, for routing the transactions through the mistx layer,
is reserved for the Aludel rewards program. It’s looking like all of
Uniswap is eventually going to be exchanging with the mistx layer….
And Uniswap v3 is the largest DEX out there, doing nearly 1.3 billion dollars
in 24 hour volume yesterday...if you add on v2, it’s nearly 1.8 billion! Lots of fees,
lots of savings and protection for each swap, being injected into the aludel rewards program!
Massive on a DeFi infrastructure level..but regarding enterprise altcoins and enterprise
infrastructure..a favorite pick of mine, is also having some BIG news. But before we get
into that it’s time for a sponsored segment of this video brought to you by the team over at
Rubic... and like always, the details of our agreement can be found in the description…
So, who is Rubic? Well, they are crypto’s first official one-stop shop, a decentralized trading
platform that leverages and aggregates multiple AMMs across 6 blockchain networks (with a 7th
coming soon and more throughout the year) as well as bridges between these networks.
They’re consolidating all the necessary tools and various
aspects of the global DeFi ecosystem and bringing them under one roof.
Moreover, Rubic just launched a groundbreaking custom Cross-Chain Routing solution that utilizes
their RBC token, acting as a universal bridge between Ethereum, BSC and Polygon -- enabling
users to swap over 7500 tokens between those 3 networks…. You can trade tokens that live on
ONE network directly for any Other token living on the other network without needing to use a bridge.
And it doesn’t stop there. The Rubic platform also provides easy to-use advanced features like P2P
trades, instant swaps, custom routing, limit order options for both on-chain and cross-chain trades,
a Fiat on-ramp aggregator and their super convenient Crypto Tap feature
which helps users load up on Matic or BNB for when they want to transact
on those networks...and this is all under 1 roof! And coming early Q4 Rubic is launching
their decentralized liquidity pools where users can partake in the pools and start earning fees
on the revenue for swaps! https://rubic.finance/
So what’s the catch?… Do I need to hold a million Rubic tokens or something to access this network?
Nope… the Rubic platform is open to all.... To swap across chains
And the reality is, the current process for conducting a cross-chain swap is a
major headache that requires using multiple platforms, taking several transactions and is
often still very confusing for even the most experienced DeFi users out there … so, let’s
take a quick look and see how simple it really is to conduct a one-click, cross-chain swap… ok…
we’ll open the DEX by going to Rubic.Exchange and connecting our wallet. Now, looking at the menu
You’ll see the traditional on-chain SWAPs DEX aggregator where you can conduct on-chain
trades on any of the various networks available and you’ll also notice the bridge for sending
assets from one chain directly to the other… but we’re going to click the Cross-Chain tab… Ok,
now let’s select our first token. We’ll choose ETH and this ETH is living on the Ethereum blockchain
(but mind you… we can choose almost any token that lives on Ethereum, BSC or Polygon,
we’re just using ETH for this example). Ok... now we’ll select the token we want to trade for…you’ll
notice we can trade for nearly any token on any of these platforms... but for this example we’ll
go ahead and choose the Polygon network and we’ll select the RBC token as the coin we want
to trade for… now that we’re set there we’ll enter the quantity of tokens we’re trading….
Then after a quick review we’ll do what we always do and Simply click the swap button…
once your metamask pops up youll confirm the transaction and then badabing badaboom…
the transaction is initiated and after a few moments will be complete. You just swapped
assets from a token on one blockchain to an entirely different token on another blockchain…
all with one-click… no bridge was necessary and there was no confusion. This is a game-changer.
So are you ready to change your swapping game? If so...links for everything Rubic are below!
Now back to that Enterprise Altcoin with BIG news! Like bigger than the markets realize
as the token is pretty stagnant! That is Unibright and it’s only up 1.7 percent
over 24 hours..lagging behind many of the other altcoins!
So what is the news that is going under the radar? Well Unibright posted a blog
about it titled “Unibright to deliver Feasibility Study on the “Usage of the
Baseline Pattern” at European Investment Fund” and in it it says “After a blockchain workshop
with European Investment Fund, Unibright was commissioned to deliver a feasibility study
on the “Usage of the Baseline Pattern” at the European Investment Fund (EIF).
The study will examine the potential to improve service provision to EIF clients and counterparts,
including financial Institutions, small and medium sized enterprises (SMEs) and mandators
through the usage of Blockchain and notably the Baseline Pattern. And they say who the EIF
is…The European Investment Fund (EIF) is part of the European Investment Bank group. Going to the
banks’ wikipedia they say “The European Investment Bank (EIB) is the European Union's investment bank
and is owned by the EU Member States.It is one of the largest supranational lenders in the world!
Well Even the European Investment Fund tweeted about this and looky who decided
to comment. The man himself, John Wolpert! He said “This is a pretty big deal. Kudos to
Unibright and team. I agree John, this is a huge freaking deal….Cheers I’ll see you next time!