hey welcome back everybody to altcoin daily where you subscribe for daily videos on everything
going on in cryptocurrency today i want to clue you in to bitcoin decentraland board apes nfts
ebay regulation 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
ten percent off altcoin daily let me know if you're going so much to talk about so little
time smash the like button and let's jump into it bitcoin still trading within our channel here
below the yellow line i'm short-term bearish above the yellow line i'm short-term bullish
and eventually i do want to see a break of this resistance which is the orange line
ultimately as you know i'm long-term bullish for so many reasons let's just take bitcoin another 30
000 bitcoin has been removed from coinbase people don't seem to understand the supply shock that's
waiting to happen look at this since the beginning of the year bitcoin continues to be drained from
exchanges this is coinbase and what i find interesting about this is that coinbase in the
past couple years just recently opened up their services to institutional whale grade clients and
that's why i think we're seeing so much drainage from coinbase because this is one of the primo
places where americans and people in the western world can go to buy bitcoin like michael saylor of
course on other exchanges finance we did see some money rushing back to some bitcoin rushing back
to exchanges near this top here but ultimately in all exchanges we continue to see over longer
periods of time bitcoin continuing to be drained out sure price might fall in the short term but
do you really want to be chasing a mega rally when the supply shock happens i sure don't i'm
a big bitcoin believer i'm a big crypto believer decentraland news decentraland welcomes skechers
let's find out some details skechers the world's third largest sneaker brand has announced that it
will build a virtual store in the metaverse in a press release the american footwork company said
it had leased the equivalent of 5 000 square feet of virtual land on decentraland's fashion street
estate skechers president michael greenberg said the goal is to explore creative ways to engage
with new customers and audiences of course the skechers announcement is the latest in a long list
of major companies to make a pivot to the digital world sneaker brand follows hot on the wheels of
the american investment bank jpmorgan which last month opened a lounge in the popular virtual
world predicted at the time that the metaverse could become a 1 trillion annual market samsung
also opened a virtual store in decentraland at the beginning of the year just to name a few
of the big ones so the markets are down right now yet cryptocurrency projects continue to build
integrate this is what i look for as an investor prices being low but companies and projects
which have strong fundamentals i believe in the future of this space and of course we're seeing
in real time the trials tribulations the market working itself out case in point board apiac club
slammed for new kyc restricted project users can now register for the collaborative project between
uga labs and animoka brands but they will need to reveal their identities the details are as follows
the board aviation club creator released a teaser website for an upcoming collaboration with crypto
game developer animoka brands thursday night but many users are hesitant to sign up the reason
is that in order to register an eth wallet users must undergo full know your customer verification
the requirements include providing a passport national id or driver's license along with a slew
of personal details including family name date of birth and proof of address many members of the
cryptocurrency community have spoken out against this move on twitter slamming hugo labs stringent
kyc requirements for instance quote sad day will be the first and hopefully last board app yacht
club related thing i'm going to skip no kyc for me thanks let me know what you think about this in
the comments below should they kyc you for buying a jpeg yet nfts seem to not be cooling down at
least from an adoption perspective popular denim brand diesel to drop first nfts on wearable the
italian company known for its jeans is the latest fashion brand to debut its own collection of nfts
plus the notorious b.i.g honored with nft since his murder 25 years ago i believe 1997. through
the use of nft technology biggie's legacy and his outsized impact on music and culture will
be forever established on the blockchain to be acknowledged and shared with fans all over the
world and for future generations biggie nft i'm sure there's an audience for that in other news
ebay revealing to investors digital wallet as it explores crypto and other payment options ebay the
e-commerce site began enabling nft sales in 2021 last year well today they're saying they do want
to they want to dip their toes in even further they want to dip their legs in they're saying
you know we're buying and selling nfts on ebay now next we want to integrate a digital wallet
like a bitcoin wallet like an ethereum wallet like something like that great to see the continuation
of the trend speaking of a continuation from the trend of cryptocurrency
regulations continue to get better bill from bitcoin senator loomis would alter capital gains
landscape for crypto in america the responsible financial innovation act is still being drafted
loomis stafford tyler told decrypt what is in it and basically it's making it so capital gains tax
is better if you want to trade cryptocurrency now and pay zero in capital gains tax when you sell
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take advantage of this let me know if you did in other news popular financial app stripe is getting
back into crypto after taking steps as an early crypto adopter the payment giant ceased crypto
payments in 2018 well today stripe announced its support for a variety of crypto businesses
relevant crypto businesses include exchanges fiat on-ramps wallets and nft marketplace primary goal
of the firm seems to be helping businesses maintain compliance and of course it's so
much easier to do today than in 2018 this is great to see they're getting back in the demand is there
the infrastructure is a hundred times better and then of course in other news the sec has turned
away once again another set of spot market bitcoin etfs they denied nydig a big one they denied
globalx there's still no sign that the market will get a true spot bitcoin etf anytime soon
of course spot as opposed to futures is the good one that's we want where customers will actually
hold on to real bitcoin rather than trading it on paper this will happen sooner or later this
will happen sooner or later in other news ukraine if you've been following our channel or following
this news you know that ukraine has collected millions in cryptocurrency donations well how is
it being spent well the leadership over at ukraine has been keeping the cryptocurrency community not
in the dark but in the light crypto assets proved extremely helpful in facilitation of funding flows
to the ahmed forces of ukraine huge thanks to everyone who donated to the crypto fund of ukraine
each and every helmet invest bought via crypto donations is currently saving ukraine soldiers
lives and this is the itemized report 5500 bulletproof vests half a million almost packed
lunches 500 ballistic plates for bulletproof vest i mean you can see your helmets medicine
walkie-talkies thermal and optics great to see crypto coming through in such a positive way
finally my friends i'm going to leave a link to us getting interviewed at the comedy store in the
description of this video we were on rick ingram's podcast he's a popular comedian talks to strangers
is his podcast he interviewed us all about crypto i'll leave you with this clip check out the full
episode linked below and it's like most simple like think what is bitcoin what is the blockchain
it is just yeah i don't know what a blockchain means that's the other thing it's just a digital
ledger so if we were exchanging money for a period of time it would all be written down in a lecture
in a book and it's just a digital ledger and it's because it's decentralized and everybody has
access to the same ledger if i try to change it and say i have more money than what i really have
because you guys all have copies of the ledger you guys would immediately be able to call my
you know bs and it would not accept that transaction of money that i don't have