So, just yesterday the crypto markets experienced something massive: more than 625 million dollars was stolen in a d5 hack in the side chains linked to one of the most popular play to earn crypto games. Coincidentally enough, just a few days ago, i was using the same chain that got hacked to stake some of my additional holdings and it looks like i may have indeed dodged a bullet. Now this story's still developing i'll, be breaking down what this hack means for us. What i'm doing with my own portfolio and investment strategy and i'll share with you tips and key lessons to help navigate you through these very exciting markets, so the global crypto market cap for today sitting at 2.14 trillion dollars right now.

We do have bitcoin sitting at 47 000, which is still a great level for us to hold. Overall. This week has been amazing so far for the price action of bitcoin and just seeing us still having support over the 47 000 level is showing that amazing resilience. Now, if you are trying to play any type of swing trades, at least with bitcoin, i do think we are going to have the opportunity of seeing that 45 000 support level being tested once again.

So taking a look at the bitcoin moving averages anywhere from the five day, 20 day, 50 day or 100 day or even the 200 day, which is still one of the most crucial moving average targets for bitcoin to hold. We are well above it with bitcoin having a little bit less volume in the markets today, sitting at 29 billion dollars, you'll notice that a lot of the activity that is going on within the markets, it's happening within altcoins, taking a look at some of our gainers You'll notice that within the last 24 hours, the top gainer for today is going to be silica. Alongside that v chain's been up 13. We have another crypto here called gmt up 40 and in addition to that, we even see some of our high caps and mid caps, making a pretty solid run as well.

Before we talk about some of these other all coins on the market. We do have to give a mention on why this random crypto, that some of you guys may have never heard of zil, is actually pumping today going into the all-time charts, you'll notice that they did have a massive rally back in 2021 of april. That is almost about one year ago from today and we are seeing a very similar pump where, in the last week, they've been up over 200 percent taking a look at the market cap, it isn't unnecessarily small or micro cap by any means at 2 billion. But there has to be a reason for why this is increasing, and this is what it is.

So. The first metaverse as a service has been announced on the zill network named metropolis. The newly announced metaverse project will be supported by an in real life early access event in miami on april, 2nd, which is coming up rather soon, and the price of zil went ahead and had that breakout in this article. They also state this isn't just any old metaverse announcement silica went ahead and partnered with agora, a global talents award app through the partnership.

They show that it's possible that creators will be able to upload content to the agora, app and through community voting, have their work added to the metropolis. Metaverse winners of the gora will receive up to 150 000 dollars in grants, and they also said quote: we are excited for this partnership, as we are able to bring not only creativity to life within the metaverse, but also open borderless access for creatives worldwide to connect In the digital world, so the partnerships between agora, zill and metopolis means we're at the forefront of web 3 innovation. Now, growth like this is something we've seen oftentimes before in the past. Within the crypto space, it is a combination of both hype and a lot of people carrying the momentum to the upside anytime.

We get cryptocurrencies pumping this hard. You have to know that almost always, they will come back down in price, so this leads to the fact that we have events of buying up the rumor, which is the idea that this is going to be the most expansive metaverse, and this is going to continue To revolutionize the space and then we oftentimes see a lot of the larger positions or initial bag holders selling off those gains nearer to the closer date of launch, as a rule of thumb when it comes to investing into the crypto market, especially projects that you've never Heard of do not invest because you want to fomo in don't invest because you think it'll go up an extra one to two hundred percent. Obviously that works for other investors uh on certain occasions, but i do think there's a larger opportunity for this to come. Falling back down, rather than continue to keep climbing, always make sure that you don't get overly greedy in this market, because if we even take a look at the crypto fear and greed index, you'll notice on even a day like today, where we're seeing overall greed.

The best rule of thumb, like i said, is to make sure that you do not let the emotions of greed get in control of you. Taking a look at some of the other top gainers within the market. You'll notice that v-chain is finally having its recovery, but pulling it back to even the last one year they still very far from the previous all-time high anytime. We get cryptocurrencies like this pumping without having a clear reason or any type of news coming up.

It may just be at the fact that it was oversold and now, with bitcoin, moving up in price, we're finally seeing the equilibrium pulling out within a different all coins. I will say that i was an early investor into v chain. I made a few videos talking about that and i did put in a bag. I think 2018 back when i was still in a community college.

So this was before it even got on to a lot of these other exchanges and since then, obviously, i'm still of a significant amount on my investment, but compared to the longevity or even that previous all-time high we just mentioned. It is still very far from that. Similar to v chain ave right here is up about 50 in the last seven days, but taking a look at the last all-time chart gains they're still very far where ave was rallying up over 630 dollars and even today they are at a fraction of that sitting. At 229, today pulling the charts back out to the last one month.

If you see all this red here within ave, this would have been a clear entry point for you to at least double your investment now. This was at a time when the market was most fearful, and i do remember the beating that ave had over the last three months, just continuing to get battered and battered and battered, and now that we're finally seeing liftoff. It is truly a good sign within the crypto markets. Now on top of ave.

I do have to mention solana, which is one of my other top holdings, that i've had. I've been pretty involved within their nft space and collections as well, and salon has actually been rallying pretty strong too, because of one news. This is coming from the fact that openc is now integrating with the solana nft ecosystem. If you were to buy any type of solana nft, which, through my experience, has been working pretty well, i've been able to make a good amount of money.

I recently posted that, within our discord community, a two-week swing trade that has made me almost actually not even almost it made me over 18 000 dollars just in the last two weeks. By making a play, solana has been shown to have a lot more faster transactions, and it is way cheaper than anything i've ever experienced with ethereum. The fact that this is now integrating over with a huge marketplace such as openc, has been driving the price of this forward and we've also been seeing a lot of nfts as well gaining that steam and traction. Now, on top of that, another place where you could have bought solana nfts in the most recent months would be coming from the ftx.us marketplace as well with cryptocurrencies getting more adoption worldwide.

More and more people have been looking into getting started and our sponsor ftx.us was here to help so with ftx. You can trade crypto with up to 85 lower fees and top competitors. There are also no fixed minimum fees, no ach transaction fees, and you could set reoccurring, buys directly from the app. They also launched an nft marketplace with top projects on ethereum and solana, where you can buy top nfts without any of those gas fees.

They're. Now, even launching a stock trading platform for anyone who may not just be ready for crypto. Yet in order to diversify your portfolio, ftx is more coming. But if you are interested in getting in early or knowing about the next big thing check out the link down below in the description to get started and earn free, krypton every trade over ten dollars.

Now, for one of the biggest headlines that we've gotten over the last 48 hours, this is gon na, come from the crypto gaming's biggest success story, scammed out of 600 million dollars. So what's unfortunate about this, is that actually infinity had a major update coming out? This was going to be the v3 axi infinity called origin, which is going to entail a lot of new upgrades, which was aiming to help axi infinity reach newer price action movements to the upside. Now, if you guys have not heard about this story, just real quick, basically in order to use axia infinity's platform, they teamed up with a side chain called ronin, which is the one that actually got hacked ronin attack, did not happen yesterday or two days ago. It happened about a week ago and just yesterday, this was when it got discovered and started to go, mainstream and recognized by the actual exchange.

So the way that this happened was that the attacker found a back door through the gas free, rpc node, which they abused. To get the signature for the axi dow validator, basically, the ronin side chain for games like axi infinity, uses nine validator notes to prevent fraudulent transactions. However, in november, due to overwhelming demand by new axis players, ronan gave special privileges to sky mavis, the company behind the game, so it could sign transactions on its behalf, all right. Since then, we began to see the price action of ronin completely tank, halting from 2.28 cents all the way down to a dollar 81 losing about a dollar on its price axis infinity is currently still struggling to stay at above 64..

They are currently at 63.93 at the time of filming this video now bugs like this happen within the crypto markets, especially because of how decentralized this type of technology is. The one thing to note in this situation is that when you do steal a lot of money, there are often steps that the hacker will take just because they did pretty much a lot of the hard work which is actually getting a successful hack through. So they are able to score out half a billion dollars, but in this instance, because we can still trace the wallet amount. What we've noticed is that the hackers have not done anything in order to launder this money.

I've been seeing a lot of comments and threads over on twitter just talking about if this hacker was smart enough to steal this much money, how come they aren't smart enough in order to know how to liquidate this money and possibly use it in the future. Regardless of whatever the hacker or the current situation with this may, be, it definitely sucks seeing this within the crypto markets, but it looks like it hasn't overall affected the price of bitcoin or any of the larger assets. Yes, the price of axe infinity has gone down and i've been spending more time determining whether or not this would be a buying opportunity. For now.

I am still waiting to see if we would get an additional dip down in the market. It seems like a lot of this. News has been pushed out as far as it can, and most people in crypto twitter have also heard about it as well. If axi does dip down below 60 or we even see bitcoin falling down under 45 000.

I do imagine axis gon na fall tremendously down in price as well, but i also think this is still setting up for a solid buy only because of the upgrade to the game is still coming out and with that news and some of the research i was Doing i was still very bullish on this project at the moment, i'm still earning 75 apr on my axi holdings and at the moment i do think that there is still opportunity for this crypto to be a very solid play. It does suck whenever we get news like this, but at the same time, looking past it and just seeing the company fundamentals and seeing the community behind it. I think when you still stick with basic fundamental research on whether or not a project is worth the money, then you'll realize that this may actually be another good opportunity as well now, to conclude this video, we did get some news that crypto.com is going to sponsor The 2022 fifa world cup - this is really good news, just because it's showing that overall global adoption and it's showing a lot of these exchanges, still actively participating and getting the word out on what crypto is and how easy it is to use. Within a lot of these major teams and networks, last but not least, i did have to mention this because it was kind of funny when i did see it, but the will smith meme, which has been plaguing the internet, has now gotten its own.

Will smith slap token, so this token here is called the will smith enu. This was trending yesterday on coin market cap and you'll notice. Ever since they did get released, they have been moving up in price. What this reflects to us is just showing how anyone can go out here and create a token i don't think will smith enu has any real utility that i know of at the moment, but i do think this is going to be a quick, easy way for Anyone to ride the hype on something where you're able to make a quick buck or two keep in mind just as fast as hyped up tokens may move to the upside.

They also can dump at any time. Examples of this would be like the squid game token, which completely rugged last year, and many people did lose their money as well. When entering these type of trades, i don't look at it as a long-term investment to any degree. I would see this as a very quick gamble if you are looking to get that dopamine rush up and see what you can make out of the crypto market.

If you are interested in buying this token, it's not as simple as just going on ftx or any one of these other exchanges. You'd actually have to download metamask and make sure you use unit swap properly until they get a bit more backing. And then some of these exchanges consider them worthy of being listed on their platform, similar to what we're seeing now with will smith enu. We always get some of these type of tokens whenever the market tends to rally.

We had dogecoin chiba inu just a few weeks ago. We had a token, but looking back at what you should be doing as a long-term investor, i would not get too sidetracked from those type of projects i wouldn't get fomo at all, just because they are, in my opinion, distractions. I do think, there's still so much opportunity, whether you're investing into long-term projects, the mid caps, the high caps or even any nft that has a good, solid community. You can still find yourself making tremendous amounts of money within the bull run now guys with all.

That being said, i just want to say thank you all so much again for watching today's video, don't forget to comment down below the secret code word, which is going to be slap or slappy or slappity slap. You can choose any one of those to your liking. If you guys also need access to a vpn or any other crypto tool to enhance your security or to organize things, check out the links down below in the description like the usual. Thank you all so much for watching this.

Video have an amazing day and i'll talk to y'all soon, peace.