hey welcome back everybody to altcoin daily there are so many big things happening in cryptocurrency
in today's video i want to talk to you about bitcoin ethereum google apple axi infinity
lebron james polygon so much is happening things are truly heating up in cryptocurrency land if
you appreciate us coming at you on a daily basis take two seconds smash the like button and let's
get into it things are really heating up with bitcoin adoption and acceptance in this case
in america both texas and arizona in one way or another are moving towards making bitcoin legal
tender the dominoes are falling so a candidate for the governor of texas has laid out a plan
for bitcoin legal tender in his state and less than a week later arizona has dropped a bill
to define bitcoin as legal tender in their state game theory is beautiful this is how it happens
let's talk about ethereum ethereum looking strong as well people are buying this dip particularly
the small guys the minnows the dolphins i say this because the number of eath holders with
one eath or more has reached a new all-time high people realize that despite the dip bitcoin crypto
is not going away in fact it's only going to get much bigger over time case in point
google yeah the google in this case google cloud is getting in to cryptocurrency in a huge way
google cloud ramps up blockchain efforts by launching a digital asset team
in retrospect it was inevitable let's find out some details blockchain cryptocurrency
and decentralized technology are all fascinating topics that have been heating up for almost a
decade nowadays everybody wants to be a part of the cutting edge crypto innovations well a
thursday announcement by yp google cloud's vice president of financial services said that the
firm has now established a google cloud digital asset team that will assist clients in creating
trading storing value and launching new products on blockchain based platforms quote this new team
will enable our customers to accelerate their efforts in the emerging space and help underpin
the blockchain ecosystem of tomorrow this is the full press release feel free to read the entire
thing yourself they lay out their detailed plans for their digital asset team and in the same week
game theory at its finest apple stock jumps after the apple ceo tim apple reveals their interest in
the metaverse tim apple said in an investor's call that metaverse applications have a lot of
potential and that his company is investing in ar developments on its devices so will this be
a more centralized metaverse like facebook will it be more open like what we're doing on ethereum
or somewhere in between either way this is signaling to the public get in on metaverse
crypto is the future and speaking of metaverse and gaming big news axi infinity their blockchain
launches a governance token so sky mavis the founder of axi infinity has launched the ron token
which will cover the ronin blockchain i'm going to give you the details the key takeaways are that
the ron token launched today ron is the governance token for the ronin blockchain upon which axey
infiniti the most popular web 3 game is built the ronin blockchain has seen substantial growth over
the last year and if you don't understand the ronin blockchain let's dive into this
so this is an important announcement for the axi infinity ecosystem because the ronin blockchain
and ethereum side chain has proven crucial for axi infinity's success over the past year the high
fees and slow transaction times on ethereum's layer 1 caused issues for axi infinity users
creating scaling struggles for years to address this sky mavis built its own chain ronin
their own token will have several uses ronin block validators will hold and stake roane
and will be rewarded with it moreover gas fees will be paid in roan and accounts will now be
granted more than a hundred transactions per day owners of nfts in the axie ecosystem will
also receive a certain number of free transactions on katana ronan's decentralized exchange a roane
east liquidity pool will open tomorrow in other news the biggest athlete on the planet lebron
james partnering with crypto.com to offer web 3 education to ohio students as we know lebron is
the kid from akron huge in the ohio community big fan of his the reason this is big though
is because people love lebron all over the world now he plays for the lakers in crypto.com stadium
and lebron has millions and millions of fans and he's signaling to them that crypto web 3
good so very good it's not all very good though you know there's good and bad did you hear about
this white house reportedly preparing executive order on crypto let's find out some details
joe biden's white house is expected to issue an executive order in the coming weeks about actions
the united states government will take regarding digital assets a source familiar with the white
house's plan told barons that the executive order would be issued in a national security memorandum
so they're issuing this based on national security doesn't sound great for crypto sounds
kind of scary biden's memorandum would assign some government entities to study crypto stable
coins and non-fungible tokens with the goal of developing a workable regulatory framework so
he's just establishing a team to study it what a politician the source was quoted as saying this
is designed to look holistically at digital assets and develop a set of policies that give coherency
to what the government is trying to do in this space so this sounds scary we don't know what this
will manifest into i do want to remind you that joe biden's second largest donor is sam bankman
freed the founder of ftx exchange he's biden's second biggest donor and we all know how much
biden loves to serve his donors so this certainly is not the end of cryptocurrency in america
it's just the beginning regulation equals good regulation equals game on we've been seeing the us
regulate cryptocurrencies for the past few years now that's really good in my opinion in other news
polygon matic reaches new milestone of 7 000 dapps on polygon actually beating ethereum's
daily transaction volume and there's many metrics for polygons that just trend up and look like this
the teams developing on polygon continue to grow quickly in other news lending platform celsius
is the latest to integrate chain links proof of reserve system this is good for celsius i think
this is great for chain link so chain link's proof of reserve unlocks cross-chain liquidity
this is what it's doing for celsius earlier today it was announced that the popular lending platform
celsius had integrated chain link proof of reserve to enable the creation of auditable and highly
secure cross-chain wrapped tokens celsius will use this integration to bridge wrapped versions of ada
doge eth to the polygon mainnet with plans to bridge more tokens in the near future users of
these tokens will be able to unlock cross-chain token utility with access to d5 ecosystems on
non-native blockchains the future is multi-chain polka dot killing it lately and well in this case
it's a star network raising 22 million to boost polka dot interoperability what you need to
know is this astar allows ethereum and polka dot native smart contracts to co-exist and communicate
on polka dot the funds from astar's latest rays will help the network build out interoperability
between layer 1 chains great for polka dot in other news again we're mixing the good and the bad
the sec has denied fidelity's bitcoin spot etf this will get approved eventually maybe
not by fidelity although i think they have one of the best chances because they're so
legitimate and established but a spot bitcoin etf will get approved at one port or another
the thing is what's interesting to me is this did not stop fidelity from filing two more etfs
for the metaverse in this case in crypto industry asset management firm fidelity has filed for two
more etfs with the sec to track crypto firms and those active in the metaverse niche so it's going
to happen eventually this stuff and we're in the early years and we're getting to see this stuff
play out in a way where we can look back and be like i was there for this we were a part of when
this got together anyways guys if you're new to the channel subscribe if you got value in today's
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