So the ethereum 2.0 upgrade that so many of us have been waiting for, has finally made some progress, and this upgrade may change the entire crypto markets for as long as we know it in today's video. Let's talk about when we should expect to see the upgrade roll out for this year, how it's going to affect the market and, let's finally, talk about what you should be doing in preparation for this upcoming move as well. Now guys, if you have been enjoying these updates, like the usual, don't forget to teabag the like button down below now, it doesn't have to be like the old school call of duty ones. Just a quick little tap on the button will do and with that being said, let's hop into the computer and see what is going on in the market for today.

So the global crypto market cap for today sitting at 1.91 trillion dollars a bit of an increase since yesterday's update, which is sitting at around the 1.83 a trillion dollar zone. So it's good that we're starting to see money back into the market closely entering that two trillion dollar mark which we were at before the start of last week. Now the reason for this increase in volume is going to come from bitcoin, getting a little bit of a lift off up about 2 for the day, in addition to many other all coins in the market still riding about at the same level, ethereum's still sitting at The 3097 mark not doing much and if i'm being frank, i do think the crypto markets, at least for this week in terms of price action, has been rather boring. Bitcoin isn't really dropping down any lower than it has been it's staying within the 40 to 42 000 range ethereum is sitting right at 3 000.

I just want to say if you guys are watching these updates right now. You guys are doing an amazing job because you guys are going ahead and doing what 99 of traders should be doing, and that is still to be prepared, even amongst boring times like this now. That being said, there have been some other cryptocurrencies that have been moving up in price. Bitcoin.

Cash is up 10. We see compound up. 8.93. Apecoin is up about 7.83 today or up even 16.

Just in the last seven days, i will be covering some additional news about apecoin, because there is one rumor on why apecoin is going up, so i wouldn't sleep on this token. Just yet, even though it hasn't been the most exciting crypto since their launch. I do think, there's still stuff coming up so make sure you guys subscribe, because that education will be very fire as well, and i do think it'll make you guys some money too in terms of the biggest losers. For this week we have waves, mina tara luna, which is still down 19.22 at seven dollars, but up a little bit we're seeing some green two point: fifty six percent.

We have zeal still going on the downtrend down about eighteen percent, ceelo down 16 and other all coins still getting a little bit murked in the market. Taking a look at the fear and greed index for today, you'll notice that we are seeing extreme fear all across the board for this day we're sitting at a 25 where, just yesterday we were at the neutral levels, even seeing some greed at one point, just because The markets are rising now. What we like to do on this channel is also take a look at the tvl and we're gon na get this data from defy lama. The reason why this is important for any of our newcomers on this show is because we can see how much money is getting locked up on a lot of these other protocols.

This will include ethereum, where you'll notice that ethereum hasn't really had any type of major sell-off, but it is still correcting, and today it looks like we are experiencing a little bit of a bounce in the market. You'll notice that tara luna has had that. Sell-Off, though - and this is reflecting in the price action of what we've been noticing within the last week and when we see other cryptocurrencies like avalanche, which is holding steady, having a little bit on the daily going down and then solana which is progressively going down it, Can still give us an indicator on where the money is headed, where the money is flowing out of and what you should be doing as an investor going back into the overall tvl. Yes, we did see that insane rally leading up to april and now seeing a bit of that correction in the market, but pulling it all the way back.

You'll notice that really isn't too much a big of a deal just because it is still in that upward trend. Now, for the reason why you guys probably clicked on this video other than to see my handsome face, let's talk about what is going on with ethereum. All right so when it comes to ethereum, we've been getting a lot of news on what's going on and a lot of this actually started out with this tweet right here. So, just a few days back, we got a developer for ethereum, making this tweet, so they say we're very close to a historical event, we're testing pos, which is not piece of whatever you're thinking.

It's proof of stake on ethereum and today will be the first mainnet shadow fork ever and we're roughly 690 blocks or two hours away from tdd. Shortly after that, we got a response to that tweet from the same developer, stating by the way the mainnet shadow fork was a huge success. Nevermind and bisu stopped at the transition, but a fix is being deployed for nethermind all beacon chain. Clients are currently in agreement.

Clicking on the link, we can also take a look at a lot of code. If you guys are computer engineers or scientists, you may know what the heck is going on. I will be real, i'm not even going to try to fake this at all. I don't know what i'm seeing on my screen just seeing a lot of codes, numbers and things outside the scope of brian jung's intelligence.

So in case you didn't know, the crypto community has been waiting for ethereum 2.0 since around december of 2020, and now there has been a lot of real progress. That's been done, and this is a huge win for the overall markets. The way this works is that there are multiple phases, one is going to be called the merge which is still in the works, and it's expected to be completed by quarter two or possibly slipping into quarter three now, some of the benefits of this change includes about A cut of 99 of what ethereum's energy is currently using now. Another massive pain point for ethereum is those gas fees.

If you guys have used any d5 protocols or have even tried to buy nfts off of the ethereum network, you'll know how much it adds up. I take a lot of precautions to make sure that my own nft portfolio is secured. It is actually now approaching the 1 million mark, so i do not want it stored on a regular hot wallet because we get so many stories of people getting hacked day in day everyone's getting their wall attack. They click on a link or they hear about some mint, which is a phishing scam that drains their wallet transfers the nfc out.

I want to avoid that. It gets annoying because, as you can see on your screen, the ethereum average gas price is still fairly up. Any time i make a transaction, i'm usually spending 40 or 50 dollars just for me to move my nft from one wallet to another. If i'm doing that a few times throughout the week, i do think it adds up over time with the ethereum 2.0 upgrade.

That's coming out. That is something that they're looking to solve now, although ethereum hasn't been too exciting since this past week, i am still very bullish on the price action of ethereum long term. Taking a look at the market cap sizes, ethereum is still about a half of what bitcoin currently is even with the volume. It's still roughly about a half of that, and if we take a look at the coin perspective, we can get an idea of what would happen if ethereum ever matched bitcoin's market cap of 784 billion dollars, and this would still result in a 110 upside.

We refer to the flipping a lot and, if you guys are new, the flipping is just pretty much when ethereum is able to overtake bitcoin in market cap we're about halfway there, and i know a lot of people get controversial with this, we get bitcoin maximalists. Who will die hard for bitcoin on any day saying this will never happen. Ethereum will never overpass bitcoin, but i do think with upgrades that we're seeing being made with ethereum this could be a possibility that we do see in the future. Let me know your thoughts down below if the flipping would ever happen in our lifetime or if you think bitcoin is still always going to stay number one.

Now the ethereum developers went ahead and implemented the network's first ever shadow fork on monday marking an important milestone in the ongoing shift to the proof of state consensus. So these developments have also created a bullish sentiment for ethereum and it's making the idea of earning passive rewards on the ethereum network. A lot more attractive, coinbase even hinted at the rumor that investors could stake their ethereum and earn anywhere up to 15 back on their investment. 15 back on a growing asset is insane, and i know a lot of people are interested in making passive income, especially within these markets.

So i do think this would even further boost the price of ethereum. Once we're able to see these proof of stake upgrades take place now. The number of safety theorem on ethereum's beacon chain is fast approaching: 10.9 billion, with the average balance currently at 33.5 ethereum. On top of that, ethereum currently has 340 000 validators, which represent a gain of 13 from early march, when the 300 000th validator was first recorded now before we go into some of the next major crypto headlines in the news.

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You can do that by checking out the link down below. Thank you to ftx for sponsoring this video and on to the next topic back to the topic of ftx. I guess the segway was there. I just didn't follow up on it.

They went ahead and backed animoka for 500 million dollars, which is a crypto gaming platform on tara. Now, in this brief, they also state the c2x blockchain gaming platform on terra raised 25 million dollars in a private token sale and the round values of platform, which is led now to be at 500 million dollars. This is coming from a south korean game - publisher, com, 2 u.s, which also has increasing ambitions in the crypto gaming space. Now i'll tell you this when it comes to the success of many other games, i think these two words really stand out.

First of all, korean koreans not being biased. Here they really know how to step up the game. They know how to develop a lot of amazing things within the market and even in korea. If you guys didn't know, we have something called pc, bangs, they're, literally dedicated computer labs, if you guys think about school or college or high school.

Yet your own computer labs think about those everywhere, just on the street, at least within the main city, where people go there just to game and play computers. The reason why there is significant in this is because it just shows the culture of how important computer and gaming is within korea and when they're stepping up and have this much money in order to back it. I do see a lot of future potential as well. They also do mention that beyond those investors, they also have tara, krypto.com, galaxy, interactive, hugh boy and the walking dead ip holder, skybound now c2x is built on terra and tara.

Luna's coin is currently the seventh largest cryptocurrency by total market cap. Anamoca is also the publisher behind the upcoming ethereum based metaverse game, the sandbox, an investor in notable crypto startups like openc, dapper, labs and axi infinity. Now, although that article was from a month back, we are getting more recent news talking about animoka's next moves in acquiring eden games to make crypto racing games after the f1 shutdown. Animoka games has acquired long term racing game eden, which is also going to be powering.

The existing blockchain racing games now animoka brandt's currently valued at 5 billion dollars, and i do also want to make note that this entire space is going to continue to grow. The reason why we're not seeing an explosion right away is because games take this one thing which is gon na be time and money. It takes a lot of time in order to develop and build things out. It's gon na take a lot of money to do the marketing and to have the team to create the games, but once they are established by then it may be too late in order to onboard very early on.

So you can maximize your opportunity when it comes to the crypto space. There are plenty of ways of making money last night, while scrolling through twitter. I also found this pretty great thread, actually just giving us a visual on the different ways that you can make money within crypto. By seeing this, obviously, you can see how to make money in crypto.

You can buy and hold there's all coin trading. There's nft flipping! There's yield farming leverage trading things that we've discussed a lot, but alongside those we have many different branches that you can continue to expand. I think one thing they are missing is the opportunity within play to earn games or specifically metaverse related plays that are coming up. The point that i'm trying to make here is that, even though there's hundreds of ways to make money within the crypto markets, even maximizing airdrops or just getting on whitelist, you need to find the one that you enjoy the most.

If you hate yield farming, you hate the numbers, you hate the volatility, then maybe that's not the right thing for you, but you know as an example, i've been getting more into nfts lately. It was something that i wasn't as passionate about a few months back and i'm learning just how fun it is, while also being able to make money and do research. We only have so much time in the day, especially after you eat. You know you do your thing.

You sleep, there's really so many focused hours. You got if you're trying to be a master at everything. Usually what that results in? Is you being a master and none narrow the blinds on what you're looking at try to have a bit more focus and find your passion within the markets and then double down? If you love all coin micro cap trading using leverage and you're an expert at that focus on it, there's no need for you to tap into nfts or any other parts of the market. But if you don't know what you want to do, try different things.

Do the research involve yourself continue to soak up this information, because once you do, that is when things start feeling great if you're able to make money, while you do something, you love, i think even right. There leads to a very fulfilling life now just to wrap this entire video up. We also did get word from the fortnite developer epic games, which is going to drive 2 billion dollars into the metaverse efforts, so they're able to secure funding from sony group for one billion dollars each and then also from the parent company or family owned company of The lego group called kirk bi with the approval of this deal. Epic's post money, equity evaluation is going to stand at 31 billion dollars now, although it is still nowhere near the top 100 of major market caps of other banks, companies and institutions.

That is still a lot of money to expand on what we've been seeing. Give it a like on this tweet. We got word that epic games was announcing that partnership with lego and here's what they state. The two companies will team up to build an immersive creatively inspiring and engaging a digital experience.

It will kids access to tools that will empower them to become confident creators and deliver amazing play opportunities in a safe and positive space. This does not mean lego and fortnite, but epic games is working with them to create a digital experience and with references of the metaverse it doesn't rule out anything to do with fortnite. Now, when it comes to the internet and decentralization, i don't know how they are going to keep a safe and positive space. I think there's always going to be.

You know. Internet trolls - or you know, people who get in there and make that kind of difficult, and i really do think that, because a lot of this is centralized, they may have the opportunity to do so. So guys, if you did enjoy this video, don't forget to drop a like down below, follow me over on twitter and instagram link down below in the description psa. If you do follow me, you're gon na get a lot of scammers following you, people impersonating me.

It is probably not gon na be me, and if i dm you, it is most definitely not me. So just be careful for that, because it is happening a lot and these scammers are all over my youtube comment, section and they're all over my twitter and my instagram with all. That being said, guys don't forget to check out the links down below in the description. If you guys want access to a vpn, i have secured us an amazing deal right there that is going to give you a discount on it as well.

In addition to checking out my private community, i have a patreon which is connected to our discord. I post my buy and sell alerts. I also go over my nft portfolio, my investment plans. You also get access to my own vetted private traders, which also signal any type of moves they make in the market and they've been doing a killer job recently as well.

Now, with all that being said, we usually do a secret code word at the end of today's video, and that is going to be celion comment down below celian. I don't even know how i would spell that, but let's just get your best shot. I appreciate you guys and like always have an amazing day and i will talk to y'all soon. Peace.