welcome back everybody to altcoin daily bitcoin is pumping bitcoin has just cleared the huge
psychological barrier of fifty thousand dollars five steps up one step back very healthy if you
hold bitcoin if you are a crypto hodler smash the like button and in today's video i want to take
you through the top cryptocurrency news stories of the day this is information that the mainstream
media never reports we do and if you're new to the channel make sure you subscribe on a daily basis
we demystify the cryptocurrency market if you're interested in making money in cryptocurrency
smash the like button subscribe to the channel and let's get into it bitcoin is grinding
higher taking a look at the entire cryptocurrency market the whole market is getting pulled up today
it's a great day now what's most interesting to me is google searches people searching for
bitcoin on google has yet to recover since the 50 crash over the summer so bitcoin
is grinding higher it's above 50 000 right now huge psychological barrier yet there's zero hype
this is what i like to see how about ethereum ethereum is looking great too the number of
ethereum addresses holding smaller amounts of each the minnows has just reached another all-time high
this is a bullish indicator to me and it's no wonder shaquille o'neal is the latest to join
the long list more importantly the ever-growing list of beloved beloved celebrities with huge
followings to promote a specific cryptocurrency in shaq's case eth he's a big proponent and he just
changed his twitter name to shack.eth happy hotel day shaq and 2021 has been
amazing for this kind of celebrity endorsement and just general acceptance sometimes it's bitcoin
sometimes it's ethereum sometimes it's solana or avalanche or a specific cryptocurrency even
a lower cap cryptocurrency or sometimes just cryptocurrency in general this is so amazing
to see and yet some families are torn apart by their love or hate for cryptocurrency
let's get into some recent news donald trump has reaffirmed that he believes that cryptocurrency
is dangerous he doesn't like bitcoin he is a fan of the us dollar for some reason
and that's all combined with melania his beloved wife launching her nfts on solana the former u.s
president is still against cryptocurrency but his wife just released a solana nft that you can only
buy with crypto i bet if trump took the time to understand it and saw how popular this is getting
he would jump aboard right away because you just can't deny metrics like this we show you different
coins and different metrics like this every day on this channel let's take a deep dive into avalanche
and let me show you some of their metrics and data which is continuing to reach all-time highs
time for an avalanche of data all-time highs baby today we hit 962 000 daily transactions
approximately 80 of ethereum activity 134 000 daily active addresses up seven acts this quarter
13 000 unique developers up 40 month over month and averaging 11.1 tps up over 50
month over month now if you have been subscribed to our channel for at least the last few months we
have shown you how avalanche is incentivizing people to come over to their network so this
does not surprise me this is par for the course exactly what i expected and it's great to see
this is great to see facebook now we're calling the meta facebook has affirmed that they're
targeting deep compatibility with blockchain and web 3 a senior executive at the newly rebranded
meta reportedly urged staff to explore ways in which the company could embrace blockchain
technology so it is a question how much into blockchain are they going to go and it seems
that at least they're saying that this is on our radar we'll see how it plays out but it's good
that they have to answer questions like this and it's good that they say that they are going to
do this if you are a fan of v chain if you are a fan of the vechain ecosystem this is a huge
huge deal vechain foundation welcomes new decks to its ecosystem to directly compete with ethereum's
uniswap let's find out some details the vechain ecosystem continues to grow and recently saw the
deployment of a newly decentralized exchange a dax it's called zumoswap and it was designed
as an alternative to something they already had called vex change the automated market maker amm
and liquidity provision protocol already launched on the v chain network so zumoswap is the new dex
it was inspired by uniswap the most popular dex running on ethereum although the team has
made it clear they say after carefully thinking we decided to get rid of all uniswap plus web 3 code
and build from scratch this is a v chain project not one of ethereum's dapps the decks should be
able to integrate with any wallet that vechain provides and operate with what the team calls
one click swap which is a great thing they claim this will improve the dax experience
as it will remove the need for users to operate with two transactions and make a token swap so
this is great for the v chain ecosystem and great for v chain fans now uniswap
certainly is not resting on its laurels they continue to achieve things uniswap is now
fully deployed on ethereum layer2 polygon this will improve the fees and user experience for sure
and they did this with a 99 vote for this from their community to do this the key takeaways are
this the popular decentralized exchange uniswap has been deployed on polygon a layer 2 network
for ethereum the proposal passed with over 99 of the vote and 2.4 million has already been locked
in uniswap's polygon deployment polygon's matic token hit all-time highs of 2.66 today because of
it so polygon is looking great as more and more people opt in question of the day do you think
it's cool to own a crypto punk do you think it's cool to own a board ape yacht club do you think
it's cool to own an nft i think people are still pretty split with that the news is this board api
club nft prices catch up with crypto punks the key takeaways are as follows the board api club floor
price overtook crypto punks today the floor price of course refers to the cheapest piece available
on the secondary market the floor price for an ape is currently around two hundred and ten thousand
major brand partnerships lucrative airdrops and engaged community and celebrity endorsements have
all contributed to board ape yacht club success this year i'll tell you one thing if nfts ever go
through an extended cold awful bear market like so many people think eventually the nft market
will not be as interesting as it is right now and like everything it'll go through a lull
if that ever happens i'm going to possibly buy up a bunch of these board apes or a bunch of
crypto punks if they're cheap because you know i remember in 2018 the altcoin market everybody was
disgusted and if you bought some of the better ones you know those turned out pretty well
in other news elon musk has reaffirmed that he is pro doge amid ongoing web 3 twitter twitterspatz
speaking of web3 many of you have been asking me over the past week well what is web3 exactly how
is it different from web 2 or web one or what is all this i'm going to answer that for you
right now and i encourage you to go follow us on twitter linked at the very top of the description
we're getting very close to 1 million followers on twitter everybody go follow us on twitter
right now we drop stuff like this on the daily so what is web3 time for a thread
web 3.0 simply explained an easy to understand like and retweet to help your community
web one the first stage of the world wide web static pages barely connected mostly read-only
brick-and-mortar thinking applied to online web 2 dynamic content read write and connect
the rise of social media users interact and contribute content the downside to web 2 and
twitter's web 2 facebook's web 2 the downside is that you are the product your data is collected
and profited off of you have no rights you are at the mercy of the ceos and the shareholders
and they can kick you off at any time bringing us to the promise of web three read write own execute
semantic web look that up plus open distributed ledger technology crypto equals
more intelligent connected and open websites plus verifiable ownership in the digital world
more permissionless more censorship resistant more user-centric interoperable ubiquitous
greater privacy and user rights we'll see how it develops but i did want to clue you in
on that is web3 you can tell your friends follow us on twitter and let me know which projects that
you're most excited about going into 2022 and we will try to include them in a future video
that's it for me today my friends my name is aaron at altcoindaily see you tomorrow