Hey everyone welcome back to another video, so yesterday was definitely a brutal time in the market. We did a last minute, live stream on youtube and made sure you know the nerves were calm, we didn't have to freak out and it looks like if anyone was able to act on the opportunities of what i called a fire sale in the market. You'd be making some money today, so let's go over exactly what's going on in the crypto market today, let's talk about some crypto news and everything that you need to know in this video. Now real, quick, real, quick before we get started.

Are you all subscribed? Have you liked the button yet, if not go ahead, and do not do that just kidding go ahead and do that. That would definitely uh help this channel out we're not going to take up too much of your time, but i do got to say, surf shark vpn down below if you need protection check it out other than that guys. Thank you. So much for tuning by the support has been crazy.

We are quickly approaching 700 000 subscribers. I'm excited for that. Are you all excited? I'm excited for that all right, let's hop into the computer, so the global crypto market cap is currently at 1.77 trillion dollars or a 1.11 increase over the last day. If you guys want to have a good gauge of what an average market cap should be, for the past few months, i've been seeing anything over two trillion dollars.

A good uh aim to have. So that's just the number that i feel like should be the goal, because that's when we start seeing the volume, the market cap and a lot of these other coin prices just start increasing. You know the more the merry the more the better. But generally that's what we're looking at bitcoin's dominance is currently at 42 or a decrease of 0.02.

We know that earlier this week, if you guys have been following along on this channel, that bitcoin's dominance did touch the 30. So it was like 39, the lowest and went it's going back up a little bit, partly due to the fact that although bitcoin's price has gone down, we saw a lot of different all coins in the market, getting their positions exited, which naturally put bitcoin at a Position where more people are going to start investing into bitcoin, because this is the leading cryptocurrency still and 40 is generally what we've seen in the past few weeks to be that average as well so bitcoin right now is, is really just flirting with that. Forty thousand dollar price target uh. It looks like based on some of the news that i'm seeing thirty thousand dollars is going to be that support level that i'm hoping we don't see in a while.

But if we do see it again, it's gon na be another buying opportunity for a lot of people. So if you guys want to pick up bitcoin at a good price, anything around 35, 000 or less, i believe, is an absolute steal right now, if you guys were able to get in on bitcoin when it flash crashed yesterday, and you were able to pick it Up on sale, let's see how low you could have gone in order to make an instant profit just less than 24 hours later. So here we are coin market cap with this red candle. Stick right here we're seeing a low of thirty thousand dollars, and this is what we're seeing on coin market cap.

It actually went a little lower than this, so if you were able to get in at thirty thousand dollars today's at forty thousand less than 24 hours, we're close to forty thousand dollars and we're seeing a huge increase which we'll talk about very very shortly ethereum. Twenty seven hundred dollars at the current uh time of this recording it's almost at three thousand dollars, which would be amazing if you're able to buy into ethereum below two thousand dollars instant profit again right there. I know. If we look at the seven day chart, we see a lot of red, we, we barely see any green, but i'm telling you there's a lot of volatility in this market where, regardless of the 24 hour price action or the seven day, price action you're going to Be able to make money you're going to be able to make profits if you just pay attention so to all of my inner circle members who are able to act on this opportunity due to our alerts and some of the trades that i was doing.

Congratulations because i know y'all made a lot of money too by nance coin. Right now is down. 33 percent tether is gon na. Do what tethers doing so? If you guys, i feel like i need to mention this too, because we have a lot of new beginner investors.

Tether right here is always going to be the same thing. It might be like 99 cents or 98 cents, but this is what we would consider a stable coin. So if you don't want volatility, if you don't want your money to fluctuate up and down, and you want to store it somewhere where it's on cryptocurrency usdt is one cryptocurrency where it is pegged to the us dollar and the us dollar. You know, i don't think it's going to go anywhere in the next few days, next few weeks or the next few years we're going to have that type of currency.

Now cardano 1.77. Today, i'm seeing this a great great buying opportunity if this goes anywhere below 1.50 xrp. It's been trading a bit sideways for the past week or so, but right now this is a an investment that i'm not really touching at all now: polka dot down 29 and down 0.60 percent for the day. I see this as another great buying opportunity and for anyone who is able to get into icp anywhere near a hundred dollars, you just made good profits too.

Uh icp is up 41. Today, bitcoin cash is having a little bit of a recovery. I don't want to say it's anything crazy because they are still down, but we are still seeing a little bit of price action with bitcoin cash, a position that i'm personally not interested in but as retail sentiment continues to grow stronger and we're seeing a lot of Data on this i do see other cryptocurrencies like bitcoin cash. A fork of what original bitcoin is continue to be a little bit bullish too, so you could find yourself actually making a higher reward with this and solana doing a little decent.

Today we had solana drop off pretty hard yesterday, but 10 increase for the day. Now our boy chain link, i feel like shane link, hasn't been getting enough. Love lately, uh. It was touching 50 about a week ago.

Now we're seeing it back at 30 right now. Anything under 30 chain link is a good buy, some other cryptocurrencies polygon matic. I know this is some of y'all's favorite cryptocurrencies alongside mine, they're down 2. But if we look at the one week, that's really not a significant difference at all they're at one dollar and ninety one cents alongside stellar, who's up two point: eight nine percent or down twenty percent for this week.

Now, let's take a look at some 24 hour differences see if we have any crazy winners. Icp right there, nano like always trading side with, do doing a little bit of action compared to what the market is but keep in mind for the week. We are seeing a lot of dips. So if you were able to choose some of these cryptocurrencies that i talk about on my channel, then you would be making a pretty solid return in a single day.

So monero solana, x-fin digibyte ethereum classic theta fuel all having a little bit of movement and if we go to the seven day movement, it's going to be tough, trying to find the winners. Shiva inu down the most 44 this week and uh down another 10 today. So this is why i generally stay away from the meme coins. As i always say, anyways going to the seven day chart polygon is our big winner for the week.

Solana is next on the list. Harmony won another one of my favorite cryptocurrency sushi swap is on here as well, and then we got dogecoin and after that, we're seeing a lot of sideways action. So if you guys entered recently you'd be in the green, if you guys entered a week ago, chances are you're either down money or it's just trading sideways at the moment already guys. So, let's go into crypto news for now right now what the media is going to tell us is bitcoin, crashed and they're not going to talk about the recovery that we're seeing immediately after now.

This is so important. Bitcoin takes one day to recover from biggest loss in 14 months. Many people are expecting bitcoin to continue trading sideways, but almost immediately the next day we're seeing some upward recovery. What does this mean? Why is this happening? So this is a mix of a lot of whales buying into the dip making sure that the hands are switched in terms of who's holding these positions.

So what does this mean you're going to see this a lot when hands are switched when people end up buying bitcoin they're, buying it off of people who sold it? So the ownership of bitcoin essentially changes, although we're not seeing a direct reflection in the crypto market. Now, in this article they say: bitcoin jumped 15 thursday recovering nearly all of the ground loss during the yesterday's price, plunge as a press time, the largest cryptocurrency was changing hands around 42 500. That's roughly where it started on wednesday, just before a 14 selloff over the ensuing of 24 hours, the biggest single day decline since march 2020 prices nearly fell below 30 000 at one point now, ethereum as well had some crazy action. Yesterday, the second largest cryptocurrency was also on the mend thursday up 20 to about 2 900 at press time.

The price tumbled 28 over the course of wednesday. Briefly dipping below 2 000 other cryptocurrencies joined in the rebound. All the free-floating cryptocurrencies in the coindesk 20 were up over the past 24 hours with cardano jumping some 69 to 1.92 cents, while bitcoin cash surged 57 to 845. So we're generally seeing a support level for bitcoin now at around 34 000, and this is going to be a 50 retracement of the upward trend uh for bitcoin, since we've seen back in march 2020.

You also have to keep in mind that a lot of these price targets are based on the moving average. I believe it's 200 moving average that we're seeing uh that many people are speculating would be a consideration for the support line that we have. So if we see anything, let me just break it down. We see anything near 35, 000 again and it dips under that.

That's when you could see another fall of the price now here is something else that i want to share with you guys 19639 bitcoin withdrawn from exchanges in 10 minutes. So the reason why this is good news is because people are buying bitcoin on these exchanges, because that's what you need to do in order to purchase cryptocurrencies in the year 2021 and what you want to do is see these type of people moving their cryptocurrencies over From exchanges into their private wallets because oftentimes, that's where it's stored, that's where it's held and when people start unloading, those private key wallets onto the exchanges and we see whale activity which is all tracked because of what crypto is on the blockchain on the public ledger. This is good news for us, and this gives us a better indication of what the market may be doing in the near future. What we have next is some news on stablecoin, so 5.20 billion dollars of stable coins were deposited to exchanges in 24 hours.

The blue circle right here, pointing to this red incline, is what we're talking about. This is absolute all-time high, even bigger than pre-tesla announcement move. Lots of people bought the dip so what's interesting about this is that people understand that there is volatility in cryptocurrencies, but whenever we see people putting money into stable coins, yes, it's safer, but it's also good news, because money is flowing naturally into cryptocurrency and what happens Soon after people put into stable coins or have it sitting on the sidelines is that they immediately start to invest it into other altcoins or even something like bitcoin. So cnn recently had an interview with vitalik the founder of ethereum and they covered some really interesting points that i want you guys to pay attention to right here.

It says in late 2017 budarin published a tweet storm that questioned whether the crypto space had really earned its market valuation, which at the time had just surpassed half a trillion dollars. He noted how little had actually been accomplished and crypto prices soon tanked. Unlike then, buterin is encouraged by huge progress. The technology and applications have made in recent years.

For example, ethereum activity has skyrocketed in recent months because it is a network that backs the sale of many nfts. It feels like crypto is close to ready for the mainstream. In a way that it wasn't even four years ago, buterin said crypto isn't just a toy anymore. He did also add some comments on elon musk's.

Recent tweets, which i found really interesting so elon musk tweeting, is something that the crypto space has only been introduced to for the first time literally last year, and this year he says i think it's reasonable to expect a bit of craziness, but i do think that The market will learn. Elon is not going to have this influence forever and what i've really liked about this is when he said, buderin acknowledged that crypto markets tend to be vulnerable to disruptive events like this guy right here, elon musk y'all know who he is before they build up an Immune system over time, it's an incredible analogy to realize that human beings, right now we grow up - you know getting hit. You know facing diseases getting colds getting viruses and we end up building that stronger immunity system where, in the future, a lot of this won't be life-threatening or won't be affecting us that uh drastically. When budarin made this analogy relating the cryptocurrency market to an immune system, i just found it really good.

I found it fascinating and in the future we know that elon musk is not going to have the same influence over this market, especially depending on how tesla does, with all the freaking ev cars going on with other manufacturers. So we're just gon na have to see how it goes, but in the future i'm telling you we're gon na be wishing that people still had influence over a crypto market, because oftentimes volatility is where the biggest amount of opportunity is made and that's where people can Make a lot of money if we're just seeing flat action for the next five to ten years. It's going to be tough unless you're one of those early adopters. Who may be watching this video right now who decided to get into crypto in 2021.

Let me tell you in 2030, it's gon na be crazy and you guys are gon na, be thanking your future self that you got into crypto at such an early stage. Now, aside from that, we got reports that the u.s treasury calls for businesses to report crypto transfers of more than ten thousand dollars to the irs. It seems like, as mass adoption for cryptocurrency continues to skyrocket. We're gon na see further regulations from some of these institutions.

Saying look man if y'all are gon na make bank we got ta make our bank too, so we're gon na track. All this you're gon na have to report all this, and if you don't know much about crypto or taxes, i'm gon na do a full episode on it. I'm not a cpa, i'm not a verified tax accountant, but i'm trying to get someone or maybe a company who specializes this on the show. So we can get this figured out, because i get a lot of questions on crypto and taxes and if it's confusing, that's okay, it's meant to be confusing because crypto's such a new space and the way that the tax system is set up pretty much.

If you guys didn't know a lot of tax corporations, a lot of these services, turbo tax, you name it the whole nine. They go ahead and lobby millions, if not billions, of dollars over the lifespan of this company's existence to our government leader, saying hey, let's make taxes a little bit more confusing. Let's not automate this and have the government know exactly how much people have to pay in taxes, so people use these services like turbo tax and whatever so keep in mind. If you don't know much about taxes, that's okay, because it is still a confusing topic, and then you mix that in with the early adoption of crypto, and it's like what the heck are we trying to do.

That's why there's a lot of companies trying to get in on this right now, because they understand that this could be a lucrative market since there's such an open opportunity for uh just pretty much an early niche like this, so keep an eye out on that. If you don't know much about it, i'm gon na say it's all good. We're gon na learn as we go here but uh. Once we start approaching the end of this quarter or the end of the year for the next tax season.

We will definitely get some content out and i'll provide you guys all the information that you need to know, or at least point you to the resources that are going to help you out so the next article. Flash loan attack causes d5 token bunny to crash over 95, so a hacker used pancake swap to manipulate the bunny market and crashed its price to nearly zero. So, as you guys know, i believe d5 is going to be a huge huge space after we get a little bit of correction, we start cooling down here, and things start to pick back up, i believe, defy, is gon na. Have another stupid, crazy run this year.

Uh pancake swap is another one of these cryptocurrencies uh that we've been talking a lot about on this channel as well. But if we go to this twitter thread, it's kind of scary about what can happen, especially how early with a lot of this is that's why you always got to be diversified and can't just rely on one cryptocurrency because of things like this attention. Bunny fam, our project has suffered a flash loan attack from an outside exploiter. We will be posting a post-mortem in-depth analysis, but for the time being, we'd like to update the community as to how this happened, that hacker used pancake swap to borrow a huge amount of bnb.

The hacker then went on to manipulate the price of usd tether and bnb, which is binance as well as bunny bnb. The hacker ended up getting a huge amount of money through this flash loan. The hacker then dumped all the bunny in the market, causing the bunny price to plummet. The hacker paid back, the bnb through pancake, swap public ledger, talked about this before this is where you can see the data and the history of the transactions going on and uh yeah.

That is pretty much the news on it since the last 18 hours, crazy, crazy stuff going on in the crypto market stay protected. If you guys don't know how to stay protected. What i recommend you to do is to look into a cold storage wallet check out. Ledger i have it listed in the description of all of my videos.

This is a cold storage unit where you can pretty much transfer the ownership of your crypto onto your own keys. Okay, not your keys, not your wallet, not your crypto! All right! So make sure that you know exactly how this all works, if you want to protect yourself further, if you're trying to really get into crypto and you're like all right, this is the space i want to be in, and i want to make sure that i got Everything covered surf shark, vpn, first of all, have a vpn in case you can't access your crypto from whatever state you're in or they're saying. Oh, you live in this weird part of the uh, whatever have a vpn, so you can mask your identity, protect your internet connection and also place yourself in other countries or different states. If you have to and then get a cold storage wallet now, i will make a full video on this i'll talk about all the little things that you should be doing in order to make sure that you maximize yourself as a crypto investor in the year of 2021., so in terms of my final thoughts, here's what we got to say guys so bitcoin is actually having a remarkable recovery compared to that extreme amount of flash crash.

We've seen look i've seen a lot of conspiracy theories. I've seen some crazy, crazy threads talking about how people were planning this to liquidate someone to get them bankrupt out of a deal gone bad, and then they wanted to release all the news and they somehow got ties with china. Releasing all this fud - and this was all pure manipulation. We can't prove that it's manipulation for a fact.

But in my theory, in my perspective, in everything i've been reading, i am 95 sure it's manipulation and the other 5 it's just um. It could be like a crazy, crazy coincidence, but i don't want to be a conspiracy theory, youtube channel. I just want to provide the value here first and make sure that you guys are making money. So if you guys want to learn more about that, you can dig up some threads and it'll definitely blow your mind, so put that tinfoil hat on and go into the rabbit hole, if you guys dare for me for this channel and for at least the value.

I can give my subscribers here's what you need to take home, you're already home, probably watching this video. If but you know the saying, we may not see the market doing a full recovery to the moon, we may not see bitcoin just going from where it is right now below forty 000, all the way to that 125 000 price target, or even 70 000, which Would still be amazing, we're gon na see a little bit of sideways action. We could continue to see some lower lows, so what you have to do is always have a little bit of that power, a little bit of ammunition sitting on the side and never invest all of your cash balance. I feel like people always want to have their money working in the market, but sometimes and and in times like this, not even sometimes all the time.

It's good to have money sitting by it's always good, to have money, whether it's in tether, collecting interest or you just have a cash balance and whatever brokerage or exchange you're using have it sitting back, because when there are sales you can make easy bread right there. Just by being patient now, on top of that, i did enter some recent positions lately, and i do believe that we're going to see another rise up in the altcoin season, especially once bitcoin starts to elevate back in price. History repeats itself over and over again, and if you want to be more on the safe end, you can always invest into the top five cryptos listed on the exchange. But for me i believe, having a diversified portfolio with other.

All coins is definitely gon na, be the move this year in terms of expectations of what we have, i mean we're quickly approaching the month of june. You know we took a lot of steps back, i'm sure everyone's price targets got wiped out after that support level. Just got demolished yesterday, i would say, just keep watching the news, because this is really where the times of opportunity lie, and one thing that i regret, as an investor was holding all of my money holding all my cash during the pandemic. When we saw the stock market take its craziest dips, because i know people who literally became millionaires from capitalizing on moments where people were extremely afraid and that's what we got going on in the crypto market today, fundamentally, nothing has changed with bitcoin.

Bitcoin is actually right on track to still having a finite supply with the having every four years. The supply is cut in half and half in half to a point where there won't be enough bitcoin left now, if you guys ever wonder about why the price of bitcoin or other cryptocurrencies go up supply and demand supply, and that's all it is it's supply and Demand, there's no chance. Bitcoin will ever go to zero people. Who say that i just i just can't.

I can't understand that you have to realize. Bitcoin is deflationary by nature. The us government inflationary and very, very inflationary by nature, and if you just want to hedge or you want a decent investment, because even after that flash crash we're still up 40 this year, which doubles the average amount. I feel like it quadruples the average return of what 10 to 12 that you get from the s.

P 500, so realize that even with all of that, going on many people are still bullish. But if you happen to be an investor who got in much later, like i'm saying like a few weeks ago, and you guys bought near the top - it's okay hold it. Okay, we're gon na eventually go back up. This bull run is still not over.

We still have a lot of room to grow so make sure you guys subscribe to this channel, keep up to date. With the news and, like i said in the beginning, i will expect for us to trade more sideways. I don't see us doing a full recovery right away, but i'm still very optimistic for the future now guys. Thank you all so much again for watching this video, like always don't forget, to check out two free stocks, one valued up to eighteen hundred fifty dollars using weeble.

That's why i've been placing some of my crypto trades as well. Just because it's a lot easier, they got a beautiful graph and i didn't have to worry about weeble crashing yesterday, while the entire market started freaking out. So if you guys want to check that out, use my link down below you get two free stocks. On top of that check out blockbuy, if you guys are going long, and i mean going long long and you have crypto in some of your other accounts, what you can do is move it over into a savings account like block fi, where they will earn.

You interest on your amount, if you guys, also use my link and then transfer your money through that app they're, going to give you a bonus as well anywhere from 15 25 to up to 250 dollars, which is freaking nuts, so guys. Thank you again so much for watching this video subscribe to this channel. If you have not yet already we're so close to 700 000 subscribers - and it's just a crazy number that we're approaching, like always follow me over on twitter and on instagram. And if you guys want to hear about when we're going to open up more spots for inner circle 2.0 tomorrow, friday, 10 30 p.m.

Eastern time i'm gon na be opening up some more spots. Y'All have been flooding me on my twitter and on my instagram with questions brian. When can i get in? How can i get in? What do i have to do to get in just wait? 10. 30.

P.M. Eastern time we'll be opening up some more spots, then. So guys, thank you again for watching this video check out some of these bloopers earlier in this video when i was having a burp attack and uh you'll notice that little honey jar in the back. That's what that little edition was.

Thank you all so much again for watching and here's the bloopers alrighty guys welcome back to another video. So in this video we're going to be going over the top crypto current. Oh my gosh, i got the hiccups. I think we're good.

I literally got hiccups. Oh, my gosh, let me do that. This right here is a hack that you can do you put like honey under your tongue or something uh and it helps the hiccups, or i could just record the video like this. I love honey.

I think we're good. That worked yo. What is going on! You guys welcome back to another video in this episode. We're going to be talking about the cryptocurrency market.

Oh yeah, that worked that worked. Let's go! That's so much sugar that i just say we'll leave that right there. That way. Some people are going to be wondering what that is: that's what it is.

Let's do it alrighty guys so welcome back to another video.