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Ladies and gents welcome back to another video, couldn't even let's redo that intro. Ladies and gents. Welcome back to another video a bit of a rougher day in the markets today, getting some more news with regards to the russia potential invasion into ukraine. A lot of things are actually affecting the markets today, we're seeing crypto going down a bit and if we take a look into the into the crypto fear and greed index, we're actually noticing extreme fear coming back into scale in this video we're just going to be Going over exactly where we are with the state of the market, we're going to be going over talks of where russia is at, with the most current update that we have from the press and then we're also going to be going over some other all coins within The market and just talk about some pretty cool news that has happened in the markets for today now, first of all, guys, if you're tuning back welcome to another video, the stream tonight is pretty late.
10 30 p.m. Eastern time so a little later than we usually do, but it's because i've been spending just days upon days with my team preparing for this ted talk that i have with regards to how the metaverse will change the world so just been doing a lot of research Over at least this week going into it just trying to make sure i'm prepared um, but obviously, if you guys are watching this update, y'all, don't care about that y'all! Don't care about the life of brian john y'all just want the info, and let's give that to you. So first of all, the global crypto market cap for today is sitting at 1.68 trillion dollars or a 1.79 percent decrease over the last day. We take a look into the last seven days.
It is a little bit of a bloodbath. We are seeing double-digit reds with bitcoin, currently sitting at 35 000. uh. We also have ethereum at twenty five hundred dollars and now we're getting the bears coming out screaming a little bit louder.
Talking about how a potential below thirty thousand dollar bitcoin is on the table and how an ethereum could slide down below two thousand dollars. We're gon na be talking about whether or not that is actually viable possible or not. First of all, let's take a look at what's been going on today. The market actually did open up in the green, but as soon as we got word from the press talking about this article here, ukraine, president urging russia citizens to oppose war as invasion warnings mount uh.
This has really stirred up the market. It's not just crypto, but even stocks took a very strong tumble earlier today. Take a look at this large red candlestick. If we take a look at additional data which we'll do at the end of this stream as well, we'll be going over whether or not we're seeing some additional liquidations happening.
But something we're also going to be focusing on. Is a report done by kaiko, which is another research firm that i really really enjoy uh reading their updates with they do very good, deep dives and we're also going to be going over some pretty interesting, on-chain analysis to give us a better indication on whether we're In a bowl or bear market, my family watches you thank you anyways. First of all, we're going to be noticing stable coins tether coming up back on our rip. It is number three on coin market cap right now, and that is because we're seeing additional volume going into stable coins, while the entire crypto market is red, big fyi, when things are going down in price, which most assets are within the crypto markets, it doesn't mean You cannot make money, you can make money in a majority of ways, especially when the markets are down. You can short positions which some traders like to do, based on some indicators that they are seeing. We can also see rotations going into stable coins where you can continue to earn yield, and there are actually multiple amount of passive income strategies when the market is down like this. That is actually more helpful just because we see volume going into other dexes we're actually coming out on this channel, with a full guide on how to make money in a bear market and some of the passive income strategies that you need to know about. So if you guys are looking for additional ways to make income when that bag is looking a little sloppy, it is soggy and it is just not full and plump make sure you guys stay tuned on this channel, because we're going to be educating you on that.
As well moving forward, we've been getting some other all coins having a little bit of some pain, evil, spider-man, dark venom, spider-man from the old classic ones, a little dirt in your eye. Anyone get that nah. Okay, it's all good cardano, 85 cents right now down 21. In the last seven days, solana, 84.
tara, luna though, on the contrary, has been doing well. We actually got multiple notifications today on my phone that tara luna was having a splendid remarkable pump, while uh most assets are actually going down. So there's a reason for this. I just think that right now we're seeing more volume going into stable coins, which obviously tara luna, does have some functionality with as well.
We saw it earlier today hitting 63 dollars coming down from below 55, which was, i think, an intraday pump of at least 20 percent, which is what we saw, which is not bad at all. If you're hurting, don't worry, we're all hurting too and there's actually some pretty cool on-chain analysis showing how much pain everyone is in so just stay in for your seat. It is no time to panic i'll. Let you guys know when it's time to panic, we'll do like a formal panic, video where we can all just cry and panic together, anyways luna foundation went ahead and raised a billion dollars to form a bitcoin, get this ad out of here to form bitcoin reserve For the ust stablecoin, a billion dollars a lot and whenever we get news just like this, which is actually first reported just a few days back, but i think once it circulates and goes through the crypto community. That's when we can see a lot of positive price action still reflecting that, i think a good indicator of where we are with the market and just even the maturity that we've seen yeah bitcoins down five six percent. But you know we still have tara still technically up in the green um. Not getting wrecked, as other all coins are. What is also interesting to see is that today's all coins aren't getting brutally murdered like you would normally see when bitcoin actually takes a slide uh.
Whenever bitcoin does hurt, all coins would tend to hurt more. I think the more optimistic and good sense of just looking at everything like this or seeing the glass half full is that all coins are relatively matching up the price discount that we're seeing with bitcoin but, like i mentioned all the time, there's no fundamental bad news. There hasn't been any crazy regulation going on with crypto we're seeing the markets tumble, and that is just because we're getting fear coming from uncertainty with countries that are not even you know within the us right now. It's it's.
It's all the way across the globe. The reason why this does affect us is because it's naturally going to affect commodities, oil, other resources that we're having and anytime we get another country violating one of our. You know supposed allies of the nato agreement. That is when we are going to see a little bit of dirt in our eyes uh.
I do want to focus a little bit on this, just because i do have a pull up too during this live stream. Just talking about, what's going on with the current state of you know a lot of these foreign countries and how this is going to affect us. What you have to know is this: ukraine actually went and ahead and shifted to a war footing. According to the wall street journal, they declared a state of emergency beginning to mobilize reservists and calling on citizens to leave russia immediately in the midst of warnings of an immediate, imminent, full scale.
Excuse me invasion. Ukraine's president voladimir zielenski said he tried to call russian president. Vladimir but uh our boy, vladimir platimir, went ahead and ghosted him. Instead, the ukrainian leader released a video address in russia in russia, in which he urged russian citizens to oppose the war which he said would lead to the death of tens of thousands.
He also said that ukraine posed no threat to russia at the moment, so it looks like there's no formal agreement that russia is going to invade ukraine they're trying to slip under the radar, while this is happening uh because of the developments of what we've seen within The last few years of technology, we actually are getting satellite imaging showing that russia is moving towards ukraine. They are building some hospitals uh over there. They are setting up some more additional base camps and they are having some trails that is just clearly indicating that something bad is about to happen soon. So let me know down below in the comments or at least in the live stream chat, if you guys do think we are going to see some type of invasion with regards to the climate of all this, i do think there are two outcomes that we'll see Um, you know if russia does invade ukraine, which has happened before in 2014. It's not the first time. We've got word of this happening uh. I do see markets taking an even more bigger of a dip. I don't think this is a reason for you to be selling investments right now, and i could be completely wrong on my prediction.
No one knows what's going to happen in the market today tomorrow or the day after that, we're just you know using the data that we can collect to see what may happen, but for my at least hypothesis or short-term prediction, i just think based on uncertainty that We're going to see if we get more headlines from mainstream media talking about war talking about uh, just how this is going to affect our own markets. Investors tend to get a little bit more shaken up. Institutions tend to go for more of the hedging positions where they're not doubling down on growth assets. Just like this, so you know something: we've been mentioning a lot on.
This channel is talking about how going into march. I do think it was going to be more of a dipper of a month if that is a word. A lot of this is because of the part that we are still getting rate hikes happening in the u.s, and i think just a multitude of uncertainties and just negativity in the market affects the price of things you know forcing it to go down. What does this mean for us? Should you be panicking? Of course not.
This is all natural we've experienced war before in the past, we've had afghanistan, the pakistan war we've had multiple different uh incidents, just even throughout the last few decades of countries not having agreements with one another. But when it comes to focusing on our locus of control, which is what i like to think of, is how can we make sure that we are staying on top of our investments? Bitcoin could easily derail and separate itself from the downward trend that we've been experiencing. For the past few months, if bitcoin in a week went all the way up to 50 60 000, would you regret investing your money in now? I think you have to ask yourself a few questions. One of them is: do you need access to that money? Right now, uh, do you have a savings fund? Are you 100 crypto uh and are you you know just eating beans and rice and ramen noodles every night? If that's the case, it's a sign of over leverage.
You want to make sure that you are under leveraged when the markets get shaken up like this. You can move some of your crypto assets back into stable coins. You can put that back in your checking account which will get eaten up by inflation, but if that is something that's going to help you sleep better at night, that is obviously you know a move that you can consider doing. I can at least tell you this through my non-financial advice, what i'm doing i'm holding through i'm holding through the ups and downs, because the start of 2022 has been rocky indeed, but the past few years have, and even through the pandemic, where we've experienced some of The most you know just drastic change global catastrophe. That's when we saw the markets moving up at a significant pace granted, that is when we saw stimulus and additional support from the government and all the money printing. It doesn't mean that that would be the only ignition for us to get on another bull market. Whenever we see red like this, it's preparing the funds for an even stronger liftoff in the future. That's how i see it.
Historically, all assets have gone up over time, especially long term, and my strategy of continuing to buy up these dips have been proven to be good uh. If you guys watch, if you guys actually are part of my discord, you will have access to my full portfolio and see just how much money we've made. But you can also just take a look at some of my older videos, like my coinbase video of when i started investing back in 2018 and how i was able to grow uh starting from zero dollars to a couple hundred dollars all the way up into multiple Tens of thousands of dollars that i showed in there as well anyways going into just some more facts. I want to talk about tvl.
Obviously this is important if we take a look at some of the total volume locked right now, you'll notice, a few things we're actually having volume going down during this time. It's not a significant amount, but it is going to play into the fact that other all coins right now are not gon na. Have the feel that we need in order to move forward in order to get a lot of that traction, we need back something else. We're going to notice according to data from keiko is we're going to start seeing some more price movement into stable coins, so, even in the last few years, what we noticed is that stable coins have become less volatile, we've actually been seeing them become more stable, which Is their function of the market in here they state this.
The stable coin market has grown significantly since 2020 in large part, due to their growing use and decentralized finance applications as margin for derivatives and as the denominating currency for centralized spot markets. Today, nearly a quarter of all spot instruments listed on central exchanges are denominated in stable coins. The top stable coins are pegged one to one to the us dollar. This is all stuff.
We know using collateralization by cash securities as a stabilized mechanism. If you guys do have your own uh, i would say your own negative fud or you just question the legitimacy of certain stablecoin projects. This is why i recommend usdc, which has actually gone through different reports and audits, or even gusd, which is gemini stablecoin, which has undergone the same process too. Other ways that you can, hedge yourself just in case, you are a bit more skeptical about the crypto market. Is even taking a look into things like gold backed stable coins which have been going up in volume? If you guys look at your screen here, you'll notice that we've had a huge uptick. I missed a lot of this uncertainty too, and they state this past month's geopolitical instability and high inflation has boosted the appeal of gold, which has gained five percent since the start of february, hitting a multi-month high gold back stable coins, which are digital tokens, backed by Physical have also undergone an uptick in trade volume on centralized exchanges with a market cap of 420 million dollars. We have pax g or pax gold. We can observe that pax gold volume has nearly doubled since september, and tether gold volumes have also seen a slight surge in trading as well.
Something else i want to take a note of in this video was pretty much where we are in terms of on-chain analysis. Taking a look at data that is provided to us via the blockchain and the way cryptocurrency works in terms of decentralization and the use of these public ledgers. So, according to this, it's going to give us a distinction on where we are in terms of a bull and bear market. Now, keep in mind any type.
You use data research indicator. It's not going to tell the full picture. It's going to show us exactly what it's aimed at even with this right here, it's on the 14 day ema, although it's going to give us the full 2017 to 2022 x. Access it'll show us here the bull market, growth that we've had previously had a lot more users in each rally, so this was all the newcomers.
This was people who were never into crypto that we're entering on board. That is when we see a lot more fuel, and that is when we get higher highs, just because we have a lot of that new money coming in on the contrast of that right now with where we're at we're on the much lower bound of this bear Market activity channel, which is going to be on the opposite of the bull market growth. This is just because we are not seeing new users, everyone that is in this stream right now is pretty much our og's they are y'all are the ones that are pretty much in crypto, making sure you are updated uh but, most importantly, it's a lot of the People that aren't those short-term holders - it's not people that uh buy into crypto at the top over here and then uh. They they sell down here.
It's the ones that are looking forward to the next growth that we have uh and the ones that are ready. So moving forward guys another article, i want to talk about this one's a little bit more funny. I i really don't know how this works, but this is actually with regards to sotheby's auction where they went ahead and was looking to list their second crypto punk auction. Uh but it was abruptly cancelled and basically the person who was selling all of their crypto punks. He made a tweet stating today i'm excited to announce my partnership with sotheby's to create the highest profile, nft sale of all time, and then he later tweeted never mind. I decided to hold and uh they pretty much call this entire auction off. As you guys know, crypto punks compared to board ape yacht club, has not been doing too well uh. The expectation hasn't been great just because a lot of the innovation, a lot of celebrities, have been choosing to go over into the apes, and that is because they are proactive.
They worked with adidas, they had justin bieber recently by one they had jimmy fallon, showing them on their show. You could get you know, merch have access to some clubs and just knowing all the celebrities that are onboarding it. It draws you more towards that nft project compared to crypto punks, which seems to not be doing much either. This auction just gives us an example of how mainstream crypto is going.
If you told someone that we're going to be having a sotheby's auction on a crypto, punk nfts that is going to drop to 30 million yeah, i wouldn't have believed it a few years ago either. I'll be completely honest, i would have just said you're out of your mind, but that is exactly what we're living in yeah we're getting a lot of this fun in the markets, but it just depends on where you're turning your head. When we start seeing the utilization and the innovation and a lot of these companies saying you know this getting kind of normal at this point now for us to have these nfts and have millions upon dollars of just you know, buying them in comparison to you know Where you'd buy a piece of art relative to what you thought, the value of that was, it is amazing to see the growth and i do not think we're going to slow down anytime soon, even if the market does take an additional tumble. On top of that, we have warner music group adding play to earn games with splinter lands partnership.
This is going to be a huge acquisition. Uh play to earn games is something that's been on the table. Last time we had a crypto bear trend, uh. That is when we saw cryptocurrencies like axe infinity, doing really well during the pandemic.
It allowed for a lot of people in third world countries or less developed countries better where to say to be, you know, providing food for their family for being able to survive and getting their bills and utilities covered. That is just because of the way crypto works. It allows for democratization of player uh, you know games from all around the world where you don't have to be working, that graveyard shift. You could just be playing a fun game. You know feeding your little axey character, some slps and making some bread and feeding your loved ones with that so play to earn games. I do think there is going to be a strong future for that. That is tied in with the metaverse, which has obviously been going down in hype, just because of the uncertainty that we're getting in the main market, which is general p2p, crypto and then nfts, which is also losing volume uh. But i do think at some point: this year we are going to have another massive run.
That is my prediction. I could always be wrong: don't listen to a random guy on youtube in a gray hoodie, but i do think we're gon na have another explosive run and uh. I do think it is good to at least have some bags lined up, especially when the markets are down just so you are prepared to take that lift off when we do see it. In addition to that guys, not much else in the news you know, markets are red, these are the times where you want to consider adding into your positions.
I know it's scary, i know it sucks. I know when you see red you want to freak out and you think the entire crypto market is over and you say why did i invest every time and it goes lower and lower? That is just not the case. You know you're, not you're, not some. Bad luck, charm markets go up, markets go down overall long term.
Take a look even just at bitcoin. Markets in markets are in an upward trajectory direction, we're getting more innovation in this sector right here we got more than we got so much happening. Yet we haven't seen the price reflect, imagine all that just bottling up and then boom it's going to explode and i'm hoping that happens at some point this year. It might take a little bit of time, but that is where patience plays out.
That is where patience is key continue, educating yourself, continue, learning and staying proactive, and we will get through this, and we will see some amazing, beautiful, green pastures. Now before we conclude and wrap up this videos, this video, this is brought to us by block five. So i know block five recently had their sec settlement of a hundred million dollars. A lot of people think that's a negative.
I've actually been seeing that as a tremendous positive move, we've seen regulation with the government we've seen the sec step in to even sports betting. If you guys look into the draftking issue where they had to pay a huge settlement, for you know online sport, betting, that was a signal for another explosion uh when we were able to actually see it get picked up in terms of demand. I think when it comes to block fi or any other crypto earning platform uh, we are going to see regulation happening in the space. They did make their pivot, where now they are showing themselves as an exchange where you can buy, sell and store crypto.
A lot of people are pissed that they couldn't get grandfathered in previous to those interest rates, because it is nice if you're, a long-term hodler block. Five is literally showing us exactly what that entails. They are hodling through. They took the hammer with the sec and they're still moving forward uh. So you know that i think is a strong representation of where the crypto community should be heading. If you guys do want to check them out, they have um a free account where you can sign up, for you, don't have to pay for it, they have no minimum balance and you also get instant trading in exchange. On top of that, i am working with a new company called strike. I do believe i'm gon na be like one of the first youtubers to mention this.
So if you guys want to have early access, it's literally ten dollars of free bitcoin, you don't have to connect your bank account. You don't have to do anything. You just sign up use my referral link down below it's probably the easiest ten dollars you can get and if you don't know what it is, it is just. Let me pull it up strike dot me imagine vemmo for crypto uh.
It is so simple and the coolest thing about all that is you actually have access to this for very cheap. So if i went ahead and bought bitcoin on cash, app i'd be paying ninety seven dollars. Ninety seven dollars coinbase ninety seven dollars and one cents strike, allows you to keep a hundred percent of your uh crypto uh and you're gon na be able to skip the fee. So if you're just trying to buy bitcoin and use this to send it to other individuals, i do think it is an easy way to do that.
I mentioned it first in our discord. I don't think that ten dollar incentive is going to be around forever. I think they're going to add some type of deposit limit in the future. So if you happen to be watching this, that is a little free gift to you, and it also supports this channel as well, so guys, thank you all so much again for watching today's live stream.
Let me know your thoughts down below. We did not do a secret code word at the end of last stream, so if you're watching this one, let's do uh. Let's do protectant, let's do protectant, because it's on my chapstick! Thank you all so much again for watching this video. It's a little late about 10 52 now on eastern coast, but i'll be back soon have a great night, don't freak out and i'll talk to y'all soon, peace,.
Missed the live stream 🥲
HNNNGGGG
thank you briannm..hahaha.u forgot ur intro due of market impacts.i feel u🤣🤣🤣
Protectant
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