welcome back everybody to altcoin daily in today's video i want to update you on which
coins i'm buying we're going to start by doing a market check-in then we're going to get into
some recent pressing news you need to know about if you're in the cryptocurrency space
so smash that like button if you appreciate the daily content and let's start here bitcoin 23 000
grinding higher and higher my personal opinion i think bitcoin can at least get back up to 30 000
that's at minimum this being a relief rally but at this moment in time bitcoin is up from twenty
thousand which has been up from seventeen thousand right now at twenty three thousand dollars how
about ethereum well right now ethereum is one thousand six hundred dollars and taking a look
at it's price history ethereum up as well strong rebound from eth following a successful retest
eth is slowly approaching its next immediate resistance which is this orange box right here
eth would need to reclaim the bottom of that box as support if it is to move higher for ethereum
to get above two thousand dollars again it needs to really reclaim about eighteen hundred dollars
then after that i could see ethereum getting to between 2000 and 3000 the point is ethereum
like bitcoin seems to have entered into a trend change at least for the short term if not midterm
hopefully long term but with bitcoin and ethereum now going in the up right direction this gives
strength to the whole market so again i ask you what are you buying i'll clue you into some things
i've been buying near the end of this video let's get to some recent news major win for polygon
do we have any matic holders out there well mercedes-benz is tapping in to polygon to
develop a platform for data exchange mercedes-benz group taps ethereum l2 scaling solution polygon
to build data sharing platform transactions will be carried out on polygon or ethereum rink b test
network so this is starting in a singular part of the world southeast asia presumably if successful
this could be rolled out and scaled out to many locations anyways southeast asia mercedes-benz
group introduced a blockchain-based data sharing network called eccentric that is specifically
designed for corporate users the new project will let businesses purchase and sell data
in a decentralized permissionless setting polygon of course is an ethereum l2 scaling solution
it will help execute transactions the blockchain network polygon will also be
utilized to exchange data from a variety of businesses including insurance information
scientific studies and clinical trial data through a mercedes-benz affiliate product
although users have the option of using a stable coin rather than a cryptocurrency to
pay for data transactions will be carried out on the public blockchains polygon or ethereum rank
b test network however polygon gas costs must be used using matic the native token of polygon so
huge win for polygon this is what we like to see presuming that cryptocurrency is the future this
is what we like to see presuming cryptocurrency is the future miami the city is a real pioneer
miami the city collabs with time and collabs with mastercard collabs with salesforce to sell 5k nfts
5000 nfts miami city's four-way partnership to mint nfts on ethereum will see money flow to local
artists and talent the city of miami has announced a web 3 initiative backed by time mastercard and
salesforce to engage the community and drive additional revenue to local businesses miami
aims to create a collection of 5 000 nfts designed by 56 local artists the number 56 represents the
city's 56 square mile area nft holders will be able to access mastercard's priceless
miami program which organizes unique culinary experiences and private events around the city
then cloud provider salesforce will handle the minting and selling via their newly unveiled nft
cloud product launched in june and currently enclosed pilot the nft cloud is designed to
aid its corporate clients in creating managing and trading them the initiative is anticipated
this is going to launch in december with tokens deployed to the ethereum blockchain following
its upcoming merge which will shift the network away from the energy-intensive proof-of-work and
towards proof-of-stake implementation quote from the mayor of miami the city of miami has been on
the vanguard of the web3 revolution and we will continue to employ these new technologies to
support our existing businesses while attracting new ones raise capital and provide experiences
for our citizens and those visiting this great city major win for miami even bigger win for
nfts and crypto in general cardano holders information you need to know cardano delays
its much anticipated vassal hard fork by a few more weeks they just need a few more weeks
cardano's highly anticipated vassal upgrade has been pushed back again to ensure all potential
issues are fully worked out the key takeaways cardano's technical manager kevin hammond
has said that there could be a few more weeks before the network launches its vassal upgrade
vassal is cardano's most complex upgrade to date aimed at improving the network's scalability
it was initially supposed to launch on june 29th but has suffered from two delays to allow more
testing ethereum does this kind of stuff all the time in fact cardano does this kind of stuff all
the time in fact crypto does this kind of stuff all the time am i worried as a cardano holder no
this is really no big deal in the context of what we have come to expect in crypto and the vassal
upgrade hard fork is a big deal it is a big one so let's get it right let me know what you think
about this in the comments below cardano holders of course the coin of the next few months is
ethereum everybody is anticipating september 19th the merge date and ethereum is pumping into this
ethereum pumps past 1700 is the merge surge back on i would say yes and we're seeing plenty going
on in the ethereum ecosystem for instance metamask has just implemented an update this metamask
ethereum wallet update may help thwart nft scams this is a update metamask did to help prevent nft
scams i love this following a rash of social media nft scams metamask adds an extra step that could
help users avoid wallet drainer attacks now if you are into nfts a little bit and you use metamask or
something like it you're very familiar in the nft space how you constantly have to click and sign
things with your wallet in brief ethereum wallet metamask has been updated to make users better
aware of what they are signing when a certain permission is requested that function is widely
used in social media scams that have seen users lose millions of dollars worth of nfts and tokens
so what exactly is the update well a security firm wallet guard noted on twitter the update metamask
now makes it clearer that a smart contract is requesting broad permissions including access to
any funds held within the wallet a function that can be used for so-called wallet drainer
exploits screenshots posted to metamask's github software development repository showed a new
prompt so there's a new prompt that uses a larger font than the rest of the interface
the example texts read so what you're going to see in metamask give permission to access all of
your nft question mark with an additional warning reading by granting permission you are allowing
the following account to access your funds this is a step in the right direction i like this and
it's making the nft space safer as you can see nfts are not going away they're here to stay
nft projects in the space today at least the good ones continue to build continue to update here's
some news hugo labs adds a five percent royalty fee on me bits nft sales in the nft space five
percent royalty fee is not a lot hugo labs the company behind board api club nft collection has
introduced a new five percent royalty fee and all me bit sales the studio hinted that the fee
will help fund a specialized team that was put together to help build out the me bits community
of course yuga acquired me bits and crypto punks originally they were just board api club but
they acquired punks and me bits in march granting holders full commercial rights to their nft final
piece of news axi infinity ceo seemingly moved 3 million in tokens before their 622 million dollar
hack was this nefarious was he kind of siphoning off this money for himself well skye mavis ceo
trung nigen transferred the 3 million worth of tokens just before the hack was disclosed
but he says today that claims of insider trading are baseless and false and of course you are aware
if you subscribe to us that actually infinity is repaying users who lost money in this attack
so let me know your thoughts in the daily news appreciate you subscribing to our channel smash
the like if you got value in today's video and let's talk about coins i have been buying
it's interesting i don't know if you do this i i love seeing the people who i follow i love to
know what they're buying or what they're selling or what they're doing for instance martini guy
i buy more bitcoin every day i buy more ethereum every day i buy more e-gold every
day i do this because i think all of these cryptos will rise over time significantly
i hold e-gold i'm bullish on the project in general have i bought any recently no i haven't
have i bought bitcoin and ethereum recently almost every day not almost every day but on a regular
basis i think bitcoin's going to be here in 10 years i think ethereum going into the merge is
bullish and i think ethereum's looking pretty bullish for the next at least five years i mean
possibly 10 who knows but of course i'm buying bitcoin ethereum every day i bought some binance
uh bnb token maybe a couple weeks ago maybe a month ago i bought some solana polka dot
cardano avalanche just a little basket of l ones and that's really what i'm buying it's
mostly bitcoin and ethereum but let me know let me know what you're doing below you know i'm more
of a conservative i'm more of a conservative guy sometimes particularly in bear markets in
crypto i'm conservative outside of crypto i'm not conservative but i know some of you guys are going
like way down here so yeah let me know what's good my name is aaron at altcoin daily see you tomorrow