So while bitcoin has still been rather flat, other all coins in the market have been making some tremendous moves earlier today, apecoin had a monstrous rally, as it broke its one month high of over 16, with an impressive 36 increase in just one day in the last Week, the popular crypto walking app step in also had an insane rally going up 50 this week, as well as we've discussed plenty of times on this channel, even though bitcoin hasn't been doing too much. We are now seeing the flow of other money going into these. All coins and pumping it up. Let's talk about why certain cryptos, like apecoin, have been rallying, let's talk about what's next for the crypto markets and also go over some major important headlines that you need to know as well.

Like always, if you guys do appreciate the content and these videos don't forget to drop a like down below subscribe to the channel, if you guys are new and let's get started with today's update, so the global crypto market cap for today is sitting at 1.92 trillion Dollars or just a point, zero four percent decrease over the last day. Bitcoin's dominance is currently going up just a tad, but a lot of the volume that we're seeing right now with the market cap is sticking with the top all coins within the market. Before we talk into more detail about all coin, we need to go over what bitcoin is doing, and that is because bitcoin still gauges the direction of what the overall crypto market is going to do. Taking a look at the charts in the last seven days, you'll notice that bitcoin started this week off at 41, 000 slipping down below at one point near 39 to 38 000 sliding back up in recovery and even today having a decent run back up to 42 000, before consolidating within this range, this type of movement that we often see in the market is referred to as the roller coaster bounce, and with this going up and down, this oftentimes opens up other traders to find opportunities to still enter those swing trades and to Be able to make money in markets like this, but in terms of long-term growth, it isn't the best that we would want to see pulling it out to the last one month.

Obviously, there is a descend or a down trend right now with the markets. The good news out of all this, though, is we are still seeing support, at least above 38 000 any time it hits those levels it is getting bought up. Rather, quick. I think it's pretty hard to get a gauge on what may happen in the crypto markets.

In the near future, just because it is so unpredictable, many people assume that this is it, and this is yet again. Another bear market and other investors are more excited now than ever as an investor. I also navigate the waters and see this as a long long-term investment. This means i'm in it for the next two, five or even 10 years, and i'm playing this for a while when you have that long-term mindset, this short term volatility and with bitcoin trading sideways.

It's not going to stir you up as much when one market seems flat. You're gon na find other opportunities elsewhere, and that is also in reference to some of the nft marketplace that we've talked about on this channel and within our discord and some of the other. All coins that have been making some pretty serious gains going into the moving averages for bitcoin. We are seeing this currently above the five-day moving average.

However, bitcoin is still down the 20-day 50-day 100-day and the 200-day moving average as well. If bitcoin is able to knock out at least the 20-day moving average, which is one of the more important indicators, then we can get confirmation in this market that we can continue to see some more upward momentum on a day like this, though we are still seeing Less fear in the market today we're just seeing regular fear, as last week we saw extreme fear all across the board. This is because, like i said other all coins in the market are riding up, so on top of that, a recent report published by insider intelligence actually shows that crypto's value as a means of payment is going to go up by 70. Just this year.

This article states here that the number of adults in the united states who are gon na use crypto to make purchases in 2022 is also going to increase by 3.6 million. This is just another side note about how early we still are in the overall adoption for crypto and long-term thinkers, and investors will be the breadwinners of this market now going into other top all coins in the market. It looks like things are still trading rather flat or sideways, but if we go into the top 24 to our winners, you'll notice, a coin is still at 16 and 60 cents. Currently right now, many investors are looking for a coin to hit that 17 mark.

If we do break resistance there, there could be another threshold of apecoin, even climbing, up to 20 dollars. The reason for this is within the crypto market. Things are pretty easy in terms of ta, even on the most basic understanding. Crypto oftentimes likes to hit even full numbers for apecoin.

Imagine 1, 10 or even what's next would be 20 as well. Now, on the downside, this token could also briefly retrace to collect the liquidity it needs to surge to those new highs as well. I do want to urge you guys not to fomo into this investment if you have not bought into a point, and you now want to invest just because it is riding up at the time of filming. This video apecoin is ranked number 33 on coin market cap and they are quickly growing with the amount of volume that is flooding into this token.

So one of the reasons why this has been going up in price is because, back in march, yuga labs went ahead and launched a teaser trailer, showing its upcoming metaverse project, known as other side. Now there isn't too much news regarding this, and a lot of the alpha is coming over from crypto twitter on what this is gon na look like, but just imagine a huge plot of land very similar to decentraland, where this is themed throughout the board ape yacht Club and other associated blue chip nft collections now, a lot of people are anticipating that, in order to buy land within the other side, project you're gon na have to use the ape token to do so. There are rumors right now that are suggesting that the other side are gon na sell these plots of land in a dutch auction format, with a bidding opening at 608 or around ten thousand dollars. Now yugo labs, the creators of board ape yacht club have been doing a lot of amazing things.

They have insane funding and the amount of pivots that they've been making in order to have a better community, a better future and a better project roadmap. In order to continue raising the value has been more than spot on, going on to the homepage of yuga you'll notice that they even state right here. We believe that the potential of web 3 can be realized when we start with imagination, not limitations, no borders, no rulers, just people making cool snazz together in the universe, fans and players are owners and creators and in the game of web 3, everyone can create and Play together on one team, this vision right here is a statement on what they're trying to achieve and if they are trying to move over into this limitless borderless and ruleless sector, it's going to happen within the metaverse right now. This may just be the beginning to the next insane project, and i know ape token - was not just released for them to raise more capital and then not do anything with it.

They are looking to reinvest this and to find that use case i mentioned just recently within our discord. If you wanted to be a part of the board ape yacht collection, you don't need to have 300 000 in order to buy the actual ape. You could go ahead and look into the project tokens as an example apecoin, where you can still be associated with it and ride its gains with a coin now up about 20 to 30 percent, if it rallies even past a hundred percent. That is still a pretty spectacular return for anyone investing in the space now.

Another big catalyst for ape in this recent pump was also the tokens listing on gemini's earn program. Gemini came out this tweet and they stated love ape. We do too, you can buy, sell store, now earn apy on ape every single day going ahead on gemiini site. I can actually go ahead and start earning about 5.58 apy on this crypto immediately.

It's actually really easy. Getting set up as well. All i would do is click start earning and i could find myself earning interest almost right away. Now, a few weeks back, a video titled, my top three crypto passive income strategies full guided 2022.

I included the gemini earn program and how you can get started there. If you guys are interested make sure you guys watch that video as well now just a fun fact on april 23rd, this is going to be the board ape yacht club's, one year anniversary from their mint date. I'm making a prediction here that whatever big news is going to come out for april, will be associated to this date at the time of filming this video, we aren't really sure what that surprise is going to look like if they may give out any type of Merch or just reward their token holders even more, but i can tell you this: a lot of people are anticipating everything going on with yuga labs program amongst these tokens and even with mute, nape yacht club. This was at a 24 eighth floor just two to three days ago and right now, it's climbing past 32..

If we take a look at the top collections over the last seven days, aside from our moon birds, you'll notice that right now, mewnape yacht cloud is up. 180 percent and board apes are up 73 as well. So if you guys take a look at your screen right here, um you'll notice, the date i bought my nft. His name is george, and i got him for about a hundred and one eth at this time.

Right now, the floor price on eth is at 124., so i made about a hundred thousand dollars in the short period that i've just been holding this nft now i know even right now, with everything happening within nfts. A lot of people still seem to not be able to wrap their heads around it, and i was there trust me. I always thought nfts were scamming. I thought this bubble was going to burst and who knows, it may still burst sometime soon, but i can tell you this: a lot of people are making money from nfts and the more you try to fight it.

The less you're going to be able to make for yourself i'm not saying, dump your whole life savings into the project at all. All i'm saying is just be open to the fact that nfts are available and it doesn't take too much brain power in order to figure it out. In order for you to buy your first nft as well, all the information is available on the interwebs and, if you guys want me to make a video on it, let me know down below in the comments, and i can also come out with a full guide. Just dedicated for you as well now before we continue to some additional major highlights, i want to give a big shout out to our sponsor for today's video and that's going to be ftx with ftx.

You can find yourself earning a hundred dollars just by signing up using my link down below you might have heard them with their partnerships from steph, curry, tom brady or even the ftx arena in miami. Their founder, sam bankman freed has also been a huge part of the culture and he recently agreed to give away 99 of his 20 billion net worth. Ftx is currently one of the largest cryptocurrency exchanges in the entire world, and you can trade, crypto and ftx with up to 85 lower fees than their top competitors with ftx. There's no fixed minimum fees.

There's no ach transaction fees, and you can also set up reoccurring, buys directly within the app if you guys want to get started and earn a hundred dollars just by trading, with your account make sure you guys use my code jung down below now. In terms of some additional news, this is definitely one of the big headlines to be on the lookout for australia, went ahead and launched their first bitcoin etf as well. So this is gon na, be a fun for not just bitcoin but also ethereum, and it's gon na be the first product in australia to invest directly in the underlying assets. Both of these funds are going to be listed on april 27th, and something tells me if we don't get any crazy fun in the market and this pulls through this may be another catalyst or another green candle.

We may see within the markets now what blows my mind is just how australia is able to get their exchange etf approved, but the us still has not. We've talked a lot about here. How purposely and just annoyingly slow the entire us government, especially the sec, is in terms of getting anything approved for our country. I really hope that this regulation and all this gets cleared up sometime soon, and i do hope that, at least within the us we're also able to get some type of approval with an etf this year.

Now we mentioned this in one of our previous updates as well, but it's something i wanted to reiterate: there are a ton of scammers right now, using verified accounts on twitter to pose to be an official nft account. This is not the actual moon birds account. A lot of scammers are somehow able to hack into the verified ones and they have been going ham. They've been tagging a lot of innocent people.

Just last month there was over one million dollars worth of ape stolen in a verified, twittered account scheme make sure you guys are very aware of all the things going on within the crypto space, even across different verticals and even on discord where i'm seeing more scammers There now than ever, protect yourself. Please do not get fooled and anytime. Something seems too good to be true, like this mint that came out of nowhere do not click on the link, verify the information go through the entire posting and make sure you know it's not a compromise or fake account. Now, in terms of other headlines, we actually got news that investors poured 2.5 billion dollars into crypto games in the first quarter of 2022.

as time progresses. We usually get these annual quarterly reports as well. That gives us indication on where this money is flowing. Now this report came from dap radar and the bga, and in 2021 keep a note.

There was only a total of four billion dollars invested in the sector and in 2022, analysts are predicting at least a total of 10 billion dollars. I do want to keep in mind this increase in interest in gaming, isn't just relevant to crypto in the past decade. We've also seen gaming blow up and there are thousands of people making millions off the gaming industry so whether you're a youtube, gamer you're, a twitch, streamer or any other professional in the gaming industry. If you are investing into this space, it is likely it's going to continue to grow and you're able to see some money out of it.

I believe the future of games are going to be massive. If we're able to see some of these crypto companies build out higher quality games that allow you to earn money and have another sense of community, this is going to be huge. Let me know if you guys are bullish, though, on the crypto game industry, or you think it's going to take a lot longer for it to play out all right so to wrap this video up, make sure you guys head down below like this video. If you did enjoy today's update and be sure to check out the links down below in the description where you can also find my twitter and my instagram as well now, if you do follow, watch out for any impersonators and scammers and be careful if you do Get any dms check the actual instagram account.

On top of that, i also have an exclusive discord where you can get buy, sell alerts, some technical analysis from some of our best advisors, as well as access to a community of other investors, with the patreon link down below one more thing. It's always a great idea to make sure you have a vpn, especially when trading crypto, and i was able to get you guys, 83 off in three months, free with surf shark listed down below in the description check them out. If you want to keep yourself and your crypto protected, make sure you guys comment down below the secret word and that is going to be noodles comment down below noodles, if you guys are watching this till the end. Thank you all so much again for watching and until next time talk to y'all soon, peace,.