Wow some insane stuff happening around the world today, let's just get right into it. First of all, dogecoin the cryptocurrency that was once considered a meme coin, just jumped 27 after the announcement that twitter will be purchased by the one and only elon musk in this video. Let's break down what this means for us, how this affects crypto and also discuss some of the more important headlines that you need to know. That's happened over this past weekend before we get started.

If you guys do enjoy these type of videos, make sure you guys drop a like down below subscribe to the channel, if you have not done so already and let's hop into the computer, see what is going on for today, all right, so the global crypto market Cap for today's sitting at 1.85 trillion dollars we're seeing a one percent increase at the time of filming this video. So before we look at anything else, let's take a look at bitcoin bitcoin made a new month's low earlier today, as it hovered around 38 400. You can see this on the charts right here when it looked like that support level was just about hit now, since then, it's recovered from that key support line of forty thousand dollars and it actually might have pumped from the news of what elon musk has done. Pulling bitcoin into the one day charts i still do need to mention that there's always a possibility for us to see bitcoin drift as low as 33 000.

If macro sentiment further weakens now the ceo and co-founder of stack funds, matthew, dibb, went ahead and stated we have observed a consistent selling in line with the downside of the nasdaq during friday's trade. We expect this to continue in the near term and trade tightly within equities. So through my non-financial opinion, if bitcoin is unable to hold a forty thousand dollar level, then the price could go as low as thirty seven thousand dollars, which is where it would touch the trend line in the screenshot. Now all the other articles that i've been reading from today are way more bearish, though with articles claiming twenty thousand dollars and even a thirty thousand dollar bitcoin level.

Now, with bitcoin and ethereum finishing last week in the red, while equity suffered their biggest single day drop since 2020, following hawkish comments by the us federal reserve, chairman jerome powell, here's what you need to know crypto is still continuing to move closely alongside whatever the stock Market has done anytime, we see the nasdaq take a hit, or even the s p 500 crypto usually bleeds a bit too. Now. Today is definitely more of an exceptional day, especially when we get such breaking headlines with elon musk deciding he's gon na buy twitter for anyone who doesn't really know what this means. We're gon na be breaking down how this is going to affect the market as well.

In just a little bit before we do that, let's talk about some of the highest all coin movers and also the overall sentiment within this market. So the crypto fear and greed index is showing us a skill of extreme fear at a 23 today keep in mind last month we did see a pretty solid time for crypto back in march with right now, seeing extreme fear happen all around the week. Now the big winner for today, obviously in number one by a lot amongst the top 100 cryptocurrencies, is going to be dogecoin. Dogecoin is currently up 21 after having that initial spike coming from elon musk's announcement.

Now, if we take a look at the all-time charts with dogecoin the last time we had this tremendous spike in volume was near. The peak of the market before snl was announcing dogecoin with elon musk, as the host talking about being able to pump this up to the next one dollar. The previous all-time high for dogecoin, if i can get my cursor on here, would have been around 75 cents. Now, if you guys were following along last week's update, we also talked about some more vital news with regards to dogecoin and using radio technology in order to process transactions.

Just a quick recap: the title of this headline describes it very well: devs, send the first dogecoin transaction without internet, but with radio. The way this works is they use radio transmission with the help of global starlink satellite network. Sam patterson, the former ceo of ob1, once explained in 2019 that radio is more peer-to-peer than peer-to-peer networks built on the web. Peer-To-Peer networks built on the internet have a special alert because of the sense of resilience they have without a central point of failure.

Patterson tweeted on february, but it is a bit misleading because they're really built on many computers and the connections between them, not true with radios, which are indeed true peer-to-peer now. The whole idea of this is for radio, doge or dogecoin to be accessible to everyone. Without an internet connection, on top of that, with a combination of elon musk deciding that he's going to buy twitter for 44 billion dollars, it looks like this coin is now back on the relevancy table. Now, every now and then i'd like to take a look at how my doge is doing i'm up 257 on this robinhood account and off a very small investment.

I believe i put in about 200 during the whole amc saga. It is up about 141 now, just like many of you. If you are holding any positions with this cryptocurrency here, do i think it's going to continue to moon? Do i think elon musk in buying twitter will somehow continue to further impact the price of dogecoin? Well, my estimate is yes, although i don't have this uh financial globe where i can read the market know what's gon na happen, i think with any cryptocurrency if they continue to make updates progressions and the community starts to rally back up. That will result in us.

Seeing another explosion in price now, alongside dogecoin you're gon na notice rose, which is up twelve percent today, roon, which is up five percent tara, luna up four percent and many other cryptocurrencies still fighting to be in the green, similar to dogecoin. We do need to talk about shiba inu, because the last time we had dogecoin's rally shiba followed soon after now. I think the instance in here with us seeing another opportunity with shiba inu, could play out just because the momentum behind dogecoin is also rolling through now. Although personally, for me, my focus is either stacking ethereum or playing a lot of the high to mid cap, all coins or rotating it into the nfts, which we have been very very bullish on.

I think for anyone who wants to diversify their risk spread just a bit out uh, there is still opportunities with a lot of these other meme coins as well. I even think throughout this year that some of these cryptocurrencies, if they continue to add that utility and function they may even lose the identification of being called a meme coin as well for dogecoin now to be sitting at the rank of number 10 amongst all. Cryptocurrencies is showing a pretty huge sign now, the last time dogecoin experienced any type of pump similar to what we had last year. Here's what happened next! This started out in the beginning of april, and during april it was one of the highest peaks for bitcoin that we ever saw.

Could it be that dogecoin and elon musk yet again starts with another catalyst to the third phase of the crypto bull run? Well, elon. Musk did it once before when he announced that tesla was buying bitcoin and that resulted in one of the most insane rallies we saw now. I can't predict the future, but all i can say is this: history tends to repeat itself and in this situation i really hope that it does now. I do need to state that elon's purchase about this.

I don't think it was ever about making even more money. As you know, elon musk owns several different companies. Needless to say, i don't know if this purchase for twitter was amongst making him more money, but this might have been everything to do with his fear of censorship that he felt a lot on twitter's platform. On top of that, there's a twitter account called elonjet which tracks elon, musk's private jet, with a bot using public ads b data.

Now elon musk is fully aware about this twitter account and i can tell you if he does get his hands on being able to delete some more accounts. I think this is going to be the first of one of them scrolling down you'll notice that they've just continued to track for a very long time, exactly where he is and where that jet is going every time. This bot talks about how much fuel the jet is using the cost of it, and also the co2 emissions associated with it now, in terms of what this means for anyone who is on twitter, elon musk has made some mention about him wanting to remove all of The bots and spam accounts, if you guys didn't know, there's about almost every single day now a verified account that gets hacked and then tags just hundreds of people into a new mint that was gon na happen with an nft that drains your wallet elon also talks About further verification methods, so there are less bots and scammers within the platform and he's also gon na create an edit button on twitter. There are still some harder questions, as if elon is gon na reinstate donald trump's.

Twitter account as well. There's been hundreds of twitter accounts that have been banned, silenced some that are necessary and some which are a bit more questionable with elon musk's sense of humor. Even posting the bill gates pregnant man's image. I do think he may do a lot more than a lot of people are expecting now.

Moving on one cryptocurrency we need to talk about is going to be apecoin. A coin over this past weekend had an enormous rally, as you can see, starting just a week ago, they're starting at 11.75. We had that retrace or the correction happening with apecoin after it hit 17 pulling back to the 14 level, and then, throughout this weekend we started to see another rally back up. This weekly rise resulted in a 55 increase and it turns out to be the most popular smart contract and became ranked 29th on market cap.

Now, although bitcoin was in a decline, ape was fighting against that, and that is showing us really good news. There are certain things that you do need to know in terms of how much of the supply is owned by others. After doing some research, we got indications that whales control over 50 of the ape current supply, which is always not the best type of news. According to coin carp's ape rich list, the top 100 apoint wallets hold over 52 of the approximately 284 million tokens in circulation.

Also, on top of that, according to whale stats, apecoin has become the most popular smart contract among the top 500 whales on ethereum and right now, with the rally that we're seeing keep in mind, we got additional news that a coin might be used for the other Side project, including the board, ape yacht club, so the twitter account for other side came out most recently. People are going through the smart contract to see how they can profit right now. Here's what i think is going to happen, and we already made calls about this on our discord. I think there's a strong possibility that apecoin may rally this week leading up to the release of what board a yacht club, mewnape yacht club board, ape kennel club and a lot of these other higher blue chip.

Nfts that are owned by yuga labs may. Do the logo here indicates an nft called a coda, and in order to get this, you have to be able to buy land which is going to be probably used using those ape coin tokens now. A lot of this is still speculation and rumors in the air, and a lot of you guys been asking me how i got into moon bird so early. It was all about looking into these speculative plays doing the further due diligence on it and then, following up and working on my gut feeling now talking about moon birds, moon birds actually had an nft that sold for a record one million dollars within its week of Launch we also had report that the sandbox also purchased two moon birds for over one million dollars.

Now this is one of those nft projects that we talked about last week. If you have not yet watched my nft video talking about how i went from a thirty thousand dollar, actually it was a negative thirty thousand dollar nft experience to now having a million dollar nft portfolio check that video out. If you guys wan na, learn more about how i got started and some of the key lessons that i have to share with you guys now, if you aren't really too into nfts, that's completely. Okay, too, all i want to say is right now we are still seeing huge amounts of opportunity all across the space, keep in mind board ape yacht club, which is the number one nft project right now in terms of volume and market cap only came out about A year ago, from yesterday, that's right, a lot of people assume board api club was around for many many years.

It was just out. We just had its one year anniversary just recently. This just signifies how early we are into the nft space and i'm telling you i'm seeing more and more people making absolutely tremendous amounts of money more quicker by learning how to get into nfts and doing just a 10 more research into this space versus risking their Money into crypto, which has been trading rather flat, like always, if you do prefer crypto, stick with what you like, but what i'm seeing in terms of my creator, stance and being an investor. The opportunities within nfts is groundbreaking right now now, before we get into the last piece of news, i just want to give a quick message from our sponsors for today and that's going to be ftx all right.

So ftx is one of the largest cryptocurrency exchanges in the world and you might have heard of their partnerships from tom brady steph, curry, the miami heat arena or even their recent commercial. On that big game with ftx, you can trade crypto with up to 85 lower fees than their top competitors. There's no fixed minimum fees, no ach transaction fees and you can set up reoccurring, buys directly from within the app. They also launched an nft marketplace with top projects on ethereum and solano, where you can buy top nfts without any gas fees.

Now ftx is a lot more coming, but if you're interested in getting started with them check out the link down below in the description where you can find yourself earning free crypto on every trade over ten dollars and for using my link, jung you'll also find yourself Earning a hundred dollars by signing up down below keep in mind for the hundred dollars, you do have to deposit a minimum required amount that is listed with the details in the link down below in the description. So, in terms of the last headline for today, ukraine announced that they're going to be banning cryptocurrency purchases in local currency according to their martial law. After this announcement, ukrainian crypto trade volume dropped to its lowest level since pre-invasion following central bank bans. Last thursday, the ukrainian central bank banned the purchase of crypto using local currencies to prevent unproductive outflow of capital from the country.

Now the good news here is that, despite the ban, ukraine's embraced crypto throughout the war formally legalizing its use last month and also receiving more than 50 million dollars in bitcoin and ethereum from donations. Now, they're doing this in order to combat something called capital flight, where citizens can now only buy crypto using foreign currency up to a value of a hundred thousand ukrainian hervinia, which is about thirty four hundred dollars per month. Hopefully i said that right ravinia now the one downside to capital flight is that it can definitely harm a nation's currency with millions of people that have left ukraine since russia invaded it back in february. The exodus of financial assets is a real possibility, and ukraine wants to stop this and try to keep their own currency stable.

In my opinion, ukraine is staying strong during this war, and the government banning crypto for fear of capital flight means that they still have conviction that they might actually win the war as well. It is so unfortunate for us to hear this ongoing situation and i do hope it pans out, and i hope, if you guys are watching this video that you guys don't forget about this. I know a lot of the headlines are dying down, but this is still an active situation all right so to wrap this video up, make sure you guys head down below like this video, if you guys did don't forget to check out the links down below in The description where you can also find my twitter and my instagram, like always, if you do follow me, watch out for impersonators and scammers as they'll, probably dm you something weird just be safe. Don't do it don't dm them.

I also have an exclusive discord where you can get access to. My research buy, sell alerts, access to our technical analysis from some of the best advisors across the community and as well as getting some updates and zoom calls from me as well. If you want to see what that's all about check out the patreon link down below, we will be opening up some more spots in may. But if you want further details, the link for that is down below as well now, by the way, if you guys have not done so already make sure you guys are staying safe and secure.

One way that i do, that is by using a vpn called surf shark. With my link, you can find yourself getting 83 off and three months free having a vpn, especially if you're investing into crypto is so very important. Make sure you guys do that and check it out if you guys want an exclusive deal as well now, if you guys made it all the way till the end of this video comment down below the secret phrase word for today, and that is going to be Dog comment down below dog if you're watching this now, like the usual. Thank you all so much again for watching today's video have an amazing day and i'll talk to y'all soon, peace, peace, peace,.

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