wow wow wow bitcoin is pumping there's so much going on with altcoins with crypto with all our
favorite projects in today's video i'm going to clue you in just like we always do on this channel
on a daily basis news opinion perspective we clue you in keep you informed we're going to start
with bitcoin get into altcoins talk about the big news smash the like button if you appreciate that
let's jump right in bitcoin continues to be drained from exchanges in this case coinbase
seeing the second biggest day of withdrawals in two years it is amazing to see the dip continuing
to get bought there's only so much bitcoin to go around and people continue to buy it and an even
more amazing more positive metric is this what we refer to in the industry as the genie coefficient
the supply of bitcoin continues to trend in the direction of increased healthy decentralized
distribution whether we're talking about entities that hold 0.1 bitcoin or less one bitcoin or less
10 bitcoin or less or 100 bitcoin or less more and more entities are reaching this threshold
the genie coefficient continues to get better bitcoin is getting distributed among the minnows
among the whales so many people continue to buy let's get to some altcoin news if you are a fan
of ethereum sidechain polygon you're going to like this polygon studios bringing in some
major talent polygon studios web 3 development company focused on ethereum sidechain polygon
has hired six executives from prominent tech and gaming companies like amazon like ea games like
riot games polygon is bringing in tons of amazing talent many crypto companies are developer talent
is always one of the best leading indicators for public market prices so for me seeing how
the caliber of early stage d5 teams is again close to all-time highs these last few months makes me
very bullish and then just speaking about ethereum it is pretty wild that ethereum is switching to
proof of stake this year many newcomers probably take this for granted those of us who've been in
this space a while remember when they were talking about this in 2016 2017 2018 2019 2020 is when
they launched the beacon chain and proof of stake will happen within the next year kudos to all
parties involved cannot wait for the real thing elon musk tweeting out just yesterday he will not
sell his bitcoin he will not sell his ethereum he will not sell his doge instilling confidence
in these three assets to his followers and once again if you want 10 off to bitcoin miami 2022
10 off use our code altcoin daily we will be there so many people will be there hope to see you there
10 percent off altcoin daily let me know if you're going the fact is if you truly look into it
you will see that there's just so much building and integrating and just so much happening in
cryptocurrency sure you know limewire partnering with lgrand to power their nft marketplace
the energy efficient blockchain algorand will support limewire's upcoming nft marketplace huge
visa just today putting out job listings seeking college graduates for crypto development program
successful candidates will among other tasks define visa's crypto strategy and identify new
product opportunities in other news solana one of their top nft marketplaces magic eden announces a
27 million dollar raise the takeaway here is solana nft marketplaces and solana nfts just
getting started cardano nfts just getting started however the news for cardano today is about their
total value locked why charles hoskinson thinks we ain't seen nothing yet with total value locked
now if you follow it like we do you know that cardano total value locked has been growing
slowly yet surely nowhere near the total value locked compared to ethereum yet still ada total
value locked continues to trend higher to be more precise 1.7 million total value locked on january
12th cardano was 40th two months later 261 million total value locked and it's 26th this is only
the very beginning for d5 on cardano many more dexes and lots of dapps coming soon now charles
hoskinson reminding the cardinal community what most people don't understand is that many cardano
dapps are waiting for the vasco hard fork in june to launch and benefit from pipelining so it seems
we ain't seen nothing yet with dapps coming out of cardano with total value locked the vassal
hard fork happening in june many cardano people are looking forward to this before we get to more
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of quality cryptocurrency projects i know many people in our audience are fans of helium the
decentralized wireless 5g network the news is that samsung qualcomm back freedom fi helium 5g crypto
network partner freedomfi raises 9.5 million to scale its decentralized network with helium
and trim the price of 5g gateway hardware let me know if you're betting on helium helium's bet on
building a decentralized wireless network to power internet of things devices appears to be paying
off with over 640 000 active nodes earning tokens around the world now the project is expanding into
5g connectivity and its partner freedomfi has just added allies like tech giants samsung and qualcomm
in a new funding round big win for metamask i know metamask is one of the most popular
hot wallet interfaces for ethereum ethereum wallet metamask passes 30 million users planning a dow
planning a token popular web3 wallet metamask continues to grow rapidly people looking forward
to them becoming a dow people looking forward to them releasing a token we will keep you updated on
this other piece of news the bitcoin subreddit our bitcoin has surpassed 4 million subscribers huge
milestone people continue to subscribe interest continues to grow our cryptocurrency today has 4.5
million subscribers also growing as well final piece of news former walt disney ceo bob igar
backs metaverse startup igor joins genies an nft digital avatar platform avatar platform
as an advisor on its board of directors what blockchain are they using the winner here
is the flow blockchain let me know what you think about all of this in the comments below
make sure you subscribe like the video if you got value and i will see you tomorrow