So cryptocurrencies, like cardano, have finally waken up and have been moving up this week alongside the entire market. Show me the money in this video i'm going to be breaking down the most interesting market movements in the news: that's influencing prices, so you can stay informed and have a better idea on what to be on the lookout for in terms of your investments and trades. Like the usual, if you guys have been enjoying this market rebound - and you are also bullish on the state of the market - drop a like down below - because youtube will push this video out to the non-believers of crypto, and we can get them on this train now Without further ado, let's hop into the computer, so the global crypto market cap, just like we stated in yesterday's video, has finally approached almost the 2 trillion mark. I would not be surprised if this happens within the next 30 minutes, or even an hour and right now seeing the amount of money flooding back is showing us a really good sign that retail and institutional investors are starting to wake up, we're getting an increase in Volume about 15 compared to yesterday and focusing on the most important crypto that we have to keep an eye out for which is still bitcoin, because that plays an overall movement to what happens, whether all coins go up, whether all coins get dumped bitcoin is still very Important - and it's actually been doing incredible today in the last one day - you'll notice that we had this amazing surge in price happening at 10 39 a.m.

Eastern time and with that pump, we saw bitcoin actually touching 44 000 today. The reason why this is such amazing news is because, if you guys are taking a look at even some of the moving average, also known as the emas you'll notice, that bitcoin has fully broken through the five-day moving average, the 20-day moving average. And here even the 50-day moving average as well anytime, we get bitcoin moving out of that zone. It gives us an indicator that we are finally breaking out and we are headed to the upside.

In addition to that, you'll also notice that we're seeing a surge in volume going into bitcoin up about 24 and usually what happens next after that is we get the flow of money going to the high caps, the mid caps and some of the other all coins In the market, before we move into that the crypto fear and greed index, if we go ahead and refresh this, it's showing us a little bit better sentiment than it was yesterday and, as this continues to light up, we're going to be noticing the overall prices of The market increasing as well the crypto fear and green index is currently sitting at a 40 almost at halfway, which would be neutral, and this is showing us a huge, complete turnaround compared to where we were for majority of last month before we get into cardano. Do want to cover ethereum real quick, which is now breaking up out of 3100 at the time of filming this video and you'll notice, at a very similar time, 10 39 a.m. We also got ethereum breaking out and going up for a short rally as well. If we go into coin glass, we can also take a look at total liquidations and you'll notice.

Within the past 24 hours we had 41 748 traders getting liquidated, resulting in 165 million dollars. The single largest liquidation happened over on binance equaling, 3.66 million dollars and anytime. We get liquidations happening from the upside. This is usually going to result in something called a gamma squeeze the higher the prices of cryptocurrencies go up and the more the shorts are battling to close out those positions.

We can often find the price of other assets continuing to move higher. This all falls back into the idea of momentum, and we see this take place not only within crypto, but then even other markets such as stocks as well. I am very bullish on ethereum, especially talking about the conversation with the staking earnings that we'll see, and this really does tie into the article in the conversation of what will happen next, and this will be cardano. Looking at the top 10 cryptocurrencies you'll notice.

That cardano is currently sitting at 40 in the last seven days. That is a huge upside, and this is coming from cryptocurrency that everyone was disappointed in we've. Had so many conversations about whether or not cardano is worth holding - and i know a lot of individuals are getting really impatient with this, because now, after a seven month low, we are finally getting that revival in the market, and it looks like this is the breakthrough That many people have been anticipating the bag holders for cardano have been deep. I know myself, i have positions and the hype that we were getting earlier this year amidst the crazy bull run, left a lot of people disappointed, but seeing the type of growth that we experienced in the last week shows us the resilience of a lot of these Top cryptocurrencies, and especially the ones that have been laying to sleep when i think of that, i think it's snorlax.

We also hired a new editor ben if you want to throw in a snorlax on the screen. So if we take a look at a little bit of ta with cardona, the most important thing is going to be the ema or the exponential moving average and it looks like cardano has broken out of the 200 ema, which is a huge indicator. Uh and key resistance level where things are now looking very bullish for cardano something we also like to use on this channel is going to be the token metrics platform. This uses quant and ai data to give us an indicator uh and they actually finally flipped, since their bearish indicator happening since the end of august, showing us that right now, things are also looking bullish.

Now there is a few reasons why cardano has woken up, and one of the main reasons why this has happened is because cardano is now planning to roll out a staking feature which is going to be offered on coinbase. What we're witnessing right now is what i would consider the 2022 version of the coinbase effect. Previously, the coinbase effect was any time a cryptocurrency was launched onto coinbase's platform. We would see an immediate spike in price.

I think 2022, a lot of people have already seen coinbase, adding those cryptocurrencies and having positions on there where, if they are underwater, the thing that makes the most amount of sense is going to be adding staking a lot of people aren't going to want to cash Out their positions, even if they're in the red and what this allows is, if you're holding long and waiting for the upside to happen staking is going to allow you to recoup about 13 of that annually with that lost amount. So seeing these additional features and seeing coinbase going ahead and taking initiative and adding staking for cryptocurrency like cardano, this went ahead and sent the price of this higher scrolling down this article. Brian armstrong, the ceo of coinbase, also states. Our goal is to list every asset where it is legal to do so, and he's also actually talking about staking.

So ideally, coinbase wants to make sure they are doing this legally and they do want to have additional cryptocurrencies listed, so people are able to have and hold their assets with this exchange much longer. I do also want you guys to note that ethereum is gon na. Also have the ability to earn stake, rewards anywhere from 10 to 15, and if we saw a pump up like that, even with just cardano imagine what we would see with ethereum once the proof of stake network is actually underway. So i do believe ethereum is going to be a major winner at some point this year, if you are still trying to enter other positions and plays in the market such as play to earn games, which is something we're focusing a lot more right now within our Private discord community.

You still have to utilize ethereum to a certain degree. A lot of these games are still going to allow ethereum based tokens to take precedent, in addition to their native token offerings. In addition to that, there was some extra news after the announcement with coinbase and the staking regarding cardano, which is a uk firm and also known as copper, which is an institutional custody and acquisition firm for digital assets, also adding cardano to their staking capabilities. They state copper is excited to announce the launch of pools for staking across four major protocols.

That's going to be solana, cardano, injective labs and oasis protocol, enabling institutional clients to earn passive income from the safety of their mpc secured wallets. This is amazing news, because institutional focus is where we are going to see the most amount of impact within the crypto market as great as numbers seem and as the power of retail demand has been shown, especially through other assets like amc and gme, and seeing the Power of the people, a lot of this is still up to the hands of institutions where, if they invest, then we can see direct correlation of cryptocurrencies, even high market caps like bitcoin and ethereum, having direct pumps going into the total value locked for a lot of These assets we're actually continuing to see this ride up and we're seeing more and more money getting locked up into these protocols, which is showing us an indicator that other all coins in the market are still having a good chance of going to the upside aside from Cardano you'll notice that most all coins are having a pretty solid week, solana up about 14 and even 9 in the last 24 hours breaking out of the 100 resistance level avalanche, going back up towards the upside as well, and in addition to that, we have polka Dot in addition to other cryptocurrencies listed on the top market that are averaging about 10 gains as well now, 40 growth for any cryptocurrency is still pretty extraordinary, especially if it happens within a short period of time going into the cardano road map updates. You'll notice that the team is still working diligently and making improvements as we go, the most recent update comes from march 18th and you'll notice that, even throughout their previous logs, they are still actively making those changes. I also did find a really good thread on twitter.

Coming from cardano underscore whale just talking about the situation of where cardano is currently at in this he even mentions. Why was cardano slow to the market and talks about how it wasn't? There was time where they're working on scalability security and when cardano seemed to be sleeping, a lot of people were comparing it to other all coins like solana, which had been moving faster. My favorite part about this is going to be number six and number seven within this thread, and it's going to be talking about scaling scaling is a huge conversation of some of the most profitable and lucrative crypto projects that are going to be around, because that is Really, where we're at, although we have seen established cryptocurrencies, making its dominant presence scaling, is where we're going to continue to see the improvements being made, and that is where the space is going to turn for this year. In my humble opinion, cardano talks about the isomorphic state channels with code execution, which is known as hydra, the bft side chains or security guarantees of layer, one, the zk roll ups, which has been a conversation that we've been talking a lot about on this channel over The past few months and then the improvements in block propagation and dag mechanisms and most in your term, the june hard fork, which will also continue to scale us massively.

They even talk about cargano's real world utility, which is talking about the decentralized digital id for kyc inclined. I know that they've had a lot of presence in other countries such as africa, where they're really trying to bring crypto and especially cardano into undemocratized countries where they may not have had free access to banking or the accessibility like we may have in other more developed Countries, in addition to that, they talk about the self-funding, the telecom or dish world mobile uh partnership that they had a few months back and in addition to that, we have micro payments related to hydra the governance solutions in ethiopia. The dapp store the drag and drop sc above and beyond other chains. I wouldn't be surprised if we do see cardano carrying this momentum to the upside at least breaking past a dollar fifty cents, but make sure you guys do your own research and if you are long-term holders, make sure you do know the risk associated with investing into All coins that may seem like it's taking a bit of time, but just know patience does pay off significantly within crypto pulling it out to the all time i mean even seeing how long it took for cardano to wake up when it did have its boom.

It was booming, it was booming. Indeed, now dogecoin hasn't had a huge pump, it's up about seven percent, which is still pretty amazing, but this all comes from additional news in the market and it relates to the bitcoin of america, which is actually adding dogecoin to its crypto atms. As stated here, the kiosks will let users buy and sell bitcoin ethereum and litecoin uh crypto atms operate similarly to traditional cash points, except that users can swap cash for crypto and vice versa for a fee. If you didn't know, the reason why crypto atms aren't too popular, though, is that they are expensive and compared to crypto exchanges, where it can range anywhere from six percent all the way.

Up to 20 coin, atm radar puts an average buy fee at atm still at about a whopping 11. This right here is a map of all the crypto atms located throughout the us and you'll notice that it's not a lot. There are still some states, especially in the what is this - never eat - slimy worms the northwest up here, not too much now, regardless. I think it is still cool, seeing some of these other all coins finding more visibility within the market.

I don't know how relevant dogecoin is. I do think there are much better plays right now, especially within the developments of what we've seen happen in the metaverse, but at the same time it doesn't mean that dogecoin will not have another pump throughout this year. If bitcoin continues to rally, everything will continue to do well, and hopefully you guys's a portfolio if that was any english right there. Hopefully, your guys's portfolio is going to continue to grow the market as well, but a 40 increase for anyone who has a large bag of cardano that right.

There is really good news now with all that being said, to wrap it up. With one point of news florida government di santis stated we will accept bitcoin for state taxes. Now, we've known the city of miami to be very active within the bitcoin and crypto community and in addition to that, we've also seen colorado, which will begin allowing crypto tax payments by individuals this year too. Crypto exchanges such as ftx also has their entire stadium.

The miami heat arena which they have labeled as well. I think it is really good whenever we see large headlines such as this, it's going to attract the crypto community and it's going to allow more people who have not still been introduced into crypto because believe it or not. It's still a large majority of people living out in the united states that still haven't really on board the train. We are going to see this happen more and more throughout the year, which is going to be overall good because it's normalizing the effects of crypto and how we can accept money now, just recently i did mention ftx and they are a partner of our channel as Well - and i do want to mention a quick little shout out so if you didn't know, ftx is one of the largest cryptocurrency exchanges in the world and you might have heard their partnership, like i just mentioned, with the miami heat arena or the recent commercial on The big game with ftx you can trade crypto with up to 85, lower fees and top competitors, and there are no fixed minimum fees.

No ach transaction fees - and you can set reoccurring, buys directly from the app check out the link down below in the description for ftx.us uh. This app right here. If you do buy any crypto, that's worth over ten dollars, you can find yourself earning free crypto as well so wrap this video up. You guys, i will be at the bitcoin conference just talking about the topic of bitcoin miami.

You know even ftx. I will be there in about two weeks and hopefully, if you guys happen to be in the area, i can meet some of my subscribers as well last time in la i did run into a few guys, and it's just so amazing. Whenever i can see you guys in person, like the usual, don't forget to comment down below the secret phrase, word, which is going to be whiskey, comment that down below if you're making it all the way till the end. Like the usual, don't forget to follow me over on twitter and on instagram link down below in the description of this video.

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