 Welcome to the last of that news. Take a top stories and crypto break down a bite-sized piece. So today just the thumbnail suggests this Cardano decentralized exchange is about to launch and it could potentially change everything. So we're going to take a look at the Sunday swap. Also take a look at some data that could indicate when the bitcoin top actually is. And it's just two lines and it's been correct over the last 10 years. Also we'll take a look at an ad I'm talking about as far as I need a researcher. And finally we'll take a look at real quickly the metaverse and the different land that I'm getting into as far as virtual. So we'll go over all those things but first take a look what's going to market today. Sunday beautiful day and the market is doing pretty good. It's still healthy just bouncing around and around the 2.8 trillion market cap somewhere on there. I'm always wondering when are we going to hit 3 trillion? And if you're just getting into crypto congratulations you came at like the right time. But I remember when we passed over 1 trillion everybody was ecstatic about it. Like wow 1 trillion we went past the 2017 all-time high market cap which was like 840 billion or 6 billion somewhere around there. When then we hit 2 trillion and everybody would just lost their minds. And now we're at 2.8 almost 2.85 trillion somewhere around there depending on where you look at. And people are like 3 trillion not a big deal. I think it's a big deal and I think it set off a lot of good little FOMO maybe a little bit of people getting into it. So also if we take a look at coin action Bitcoin sitting around 622 it's pretty good. Ethereum up good 4600. Wednesday going to break the 5,000 mark probably soon the way things are going. Solana hitting into that fourth spot amazing. And we're looking at a price action of $250. So congratulations Solana holders. I've been holding for a little bit of time. I remember I didn't buy Solana when it was pennies but I got it in the double digits of like $20 somewhere around there. So not too bad. And Cardano tethered nobody cares. Cardano slipping down but $2 and so on and so forth. Let's see what else is going on. Avalanche is making big moves. Another layer one solution we take it like that. 8% for crypto.com and FTX 7.52. Another exchange token doing quite well as long along with the Binance coin. So that's what we got for the market. Let's just jump in today's top story because I think this one's going to take a little bit of explaining. I'm going to try to make this as simple as possible. I'm actually going to skip a lot of things because it's really up for you if you want to read this stuff. But this is what it comes down to. Sunday swap. So Sunday swap is the next iteration of a decentralized exchange on Cardano. Now hopefully they can do it because MIM swap, MIM swap whatever it was called. They had a concurrency issue for user output UTXO or the unspent transactions as far as crypto goes. And what Sunday swap is trying to do is solve that issue when that came about and say, you know what, we looked a lot of things and here's what we're doing. So this is what we're talking about. And again, I'm going to link this in the description. You can read the whole thing. It's super long. It's super long. And the things that I highlight, I'm going to skip over a bunch of them because it's not something that we need to know. The meat and potatoes is right here. Here's the overview. They did a non-exhaustive list of the names we have internally to the top solutions are. And this is the things that they took a look at of what they thought about doing. Uniswap clone, open batching, tokenized escros, mixed escros, programmable order book. If you want to find all about those, they're all in the very bottom. Ultimately, we decided on a solution called governed scoopers, which is a, it's a hybrid of an order book and an automated market maker, automatic market maker. And here's the different things that they took a look at down here. They rejected solutions. Again, it's a lot and they explained exactly why they didn't use these solutions because of the different errors and problems they're going to come run into if they use them now, kind of like what MimSwap did in the very beginning. So they said, we're not going to, we're going to tell you what these are and what people are using. And then we're going to talk about why we didn't use them, which like, you know, goes off in detail. And this is really what it comes down to right here. Resolving and it's up at the top resolving this issue. And the other issue we discuss leads to the solution that will be launching. It's a hybrid automated market making order book. So here's what it's called a scooper model AMM order book, like a pure order book in the realm of crypto and DeFi market participants can place good Intel canceled orders onto the blockchain. These don't require interacting with any preexisting entities. They don't suffer from the UTXO contention problems and other protocol designs. MimSwap, MimSwap, whatever you call it. Unlike a pure order book though, the liquidity pool can rely on the orderly and efficient execution of swaps enabled by the automated market maker. And now also they're going to rely on a third party aggregator. We've been calling these actors scoopers. What's a scooper? It builds and submits a transaction which executes many swaps against the AMA and in turn collects a small aid of fee. So you can have everything going on at the same time and nothing's getting mixed or missed and nothing is in line too long and there's too much in queue. And there's a big slowdown. They're trying to solve that whole issue and it looks like they may have done it. Well, we'll see. Above all, why don't we want to emphasize that the safety and security, this is the big thing. This is the big thing. Of your funds is always protected by the global consensus ledger rules and smart contracts deploying the blockchain. The scoopers can never take the funds in your order with draw liquidity or execute in order other than the ones that you specified. So again, you can't do a rug pull type of situation here. So how do we ensure that our scoopers are honest? Because well, first of all, if you're going to be a scooper in this situation, they're going to incentivize you. If you screw up, if you do anything that's our that are dishonest, they're going to keep those rewards and they're going to boot you out of the program and top of the fact that you couldn't even touch the actual crypto that's being swapped in this dex. So the first step is choosing trust the members of the community run them. Cardano's blessed and they got a lot of good people. Thus, just as we select stake pools to partner with us for our ISO, ISO or ISPO initial stake pool offering, initial stake offering, this is where you stake your crypto in this case, ADA and instead of paying you in ADA at four to six, six percent APY, they're going to give you the rewards of this token, in this case, Sunday swap. We will also be selecting stake pools to run these scoopers. I know your question right now is when's the ICO? Hold on to get to that. At launch, the Sunday swap will assign a 30-day scooper license to the stake pool operators, which can be used to construct and aggregate swap from the Sunday swap community. Each time we do this, the ADA transaction fees are locked in a script. After the period, and this is what I was talking about, after the period, they can either boot you or they can keep you around. If, however, governance decides if you vote that one of these scoopers is a bad actor, they're gone. And I like that part. And to finish up, as a point of reference, we chose the Uniswap B3 protocol to compare against querying either scam for transactions with Uniswap B3. They used these from three different days. Those average 26,000 transactions per day are roughly 18 per minute. And they said, this is what happened. So during their testing, both tests executed market operations as fast as possible and stopped after reaching a thousand operations. We were able to execute all 1,000 swaps in eight minutes for an average of 120 swaps per minute. This is 107% of the 70 transactions per minute for Uniswap. Now, yes, you're going to save yourself, but I want 10,000 transactions per second. And I want 100,000 transactions per second. What they're telling you right here is they're like, look, even though you may want those things, if you take a look at Uniswap, you'll notice B3, this is the time of transaction volume that we have right now. Later on, we'll take a look at potentially even higher output because right now there is testing. IOG increased the memory limits, memory limits from 10 to 30 million units on Alonzo. We ran the same low test here. Under these pessimistic conditions, all 1,000 operations of 43 per minute are 60% of the Uniswap estimate. Comparing the computer, the current block size, it's possible the block could increase up to a factor of 32 times, meaning that we could reach 1,300 to 1,300 transactions per minute, which is pretty good on a layer one as they transition over to a layer two solution. Finally, the beautiful thing about this protocol is that end users faced zero contention other than times of extreme network congestion. It should be extremely rare for the queuing of an order to fail. And this was the problem with Nimswap. When they did the whole thing, there was a problem with everything being in queue. And there was one order and everybody had a way for it to get executed. And everybody in the back of the line just had to wait just like you're the DMV. Apparently that's not going to happen. So this is what it is. And this comes out of the crux of it. Why should you care? Why should you care? Well, obviously a DEX would be a big thing, a working project, and that's going to be great for Cardano holders like myself. And this is what's going to happen. So they're going to start this selection process for the stake pool operators by publishing a Google form, blah, blah. This is what they did. They said, look, if you're a stake pool operator, fill out this form and you're going to be a part of the ISO. On top of the ISO, the initial stake offering, because they're not going to run the pools, the stake pool, the stake pool operators like DNews is going to run those pools for them. People are going to delegate there and they're going to give out the Sunday swap. And on top of that, they're also going to be scoopers later on. So the public test net will begin soon. Then we'll have an audit and then we'll launch our main net protocol and along with it, the ISO. And the ISO is coming up within a month or so. Correct me in the comment section, but that's what I've read so far. So this is what's going on. Things are moving in the right direction. And this is why I bring it up. First of all, trust is a commodity you can't buy. That's really what it comes down to. There is a reason. You see this thing that spins above my head all the time? It's danteachescrypto.com. I made that free for a reason, because not everybody can afford a dollar or $10 or $20 a month for this. I made it free so everybody could learn about crypto, but it also helps out with trust. So if you are in my DNews stake pool or if you find that, you know what? I like this channel. I like Rob. Seems to be a pretty trustworthy guy. This is where I'm calling in my trust markers. They are selecting these different stake pool operators. And I want to be one of them. Me and my team want to be one of them. So here's what I'm asking for you to do. Go over to SundaySwap at SundaySwap. I want you to, if you have a Twitter account, just tweet out DNews for stake pool operator for SundaySwap. That's it. Or just message him. Or just follow me on news asset and talk about it that way. Also, I want you to go over to danteachescrypto.com. Again, it's free. And if you see over here where it says staking on the very top right-hand corner is login. They're staking. Click on Ada staking. This is what it looks like if you're on a desktop. Let's see. This is what it'll look like. There it goes. If you're on mobile, you just click on menu, staking. Click on that. Ada staking. It's going to take you to this web page. It's going to talk about exactly how you do all the whole staking process. So again, I bring this up because I'd like you to reach out to SundaySwap and say, you know what? We'd like DNews to be a part of that process. So that's what we have for today. Let me just think about that in the comment section. Let's move on to our next piece. This will go pretty quickly, the Bitcoin top. So this was pretty good. Two simple lines that work for 10 years. This is from TechDev. He's been quite a lot of critical acclaim lately because he does a lot of comparison between 2011, 13, 17, and 21, all the different bull runs that we've had. I know some people will say, why are you comparing these different bull runs? This is totally different. Yes. Yes it is. But there's always some information to be gleamed from the past. You don't know where you're going unless you know where you've been. So this one was pretty good. And he says, look, there's two lines that work. I've worked for the last 10 years. And he's talking about the RSI. And when I took a look at this, I'm like, it's interesting. And it's just, it's not to say that this is exactly where it's going, but it kind of gives us a clue as to where things could potentially be. So if we take a look at this, he says, look, when I'm looking at the tops, if you look at the bottom here, see where it says RSI 14 period, see where the tops are circled in 2011. It corresponds to the RSI. And the RSI usually I want to say like the relative strength index, which just kind of determines if it's overbought or it's oversold, higher it goes is overbought, lower it goes is oversold. Once it gets to a point around 90.95, for Bitcoin I'm talking about here, this is what TechDev is talking about. You're looking at, it's usually peaked out over the 14 day logarithmic chart. Same thing happens right here, looks in 2013, again in 2013, 2017. And then also we just had another one, not too long ago in April 2021. And what he's saying here is he's like, look, in this very top right hand corner, this is where we're at. And this is where I think we are going, which is right up here. Where is that? Where could that be? Well, it's not 300,000, 150, 200 somewhere around there. But it just shows you that there's a lot of room to grow as far as the crypto, well as first as far as Bitcoin is concerned. And then this also leads me to my next point, because I remember listening to Plan B and he talked about the same thing. And he goes, look, in normal markets, the RSI less than 30, which is oversold, and the RSI more than 70 overbought, is usually a pretty good marker. But he says, look, for Bitcoin, that doesn't really work out. And he says, RSI can go as high as 95 because Bitcoin has a continuous upward trend. And then he says, he's kind of saying the same type of thing of what TechDev is saying. And also, if we take a look at the PyCycleTop indicator, people have correct me on this. They said, this hasn't been right four times. They look back in time. And they predicted that the tops correspond to when this 111-day moving average flips over with the 350-day moving average times two. And it happened in 2013. It also happened again in 2013, just like what we talked about with TechDev. Let me blow this out, 2013s again. And then we saw the same thing happen in 2017. It flipped over the 111-day 350-day moving average. And then it came pretty close right here in 2019, but it didn't happen. And then over here, it just happened again. And this was not in retrospect. This predicted it. And when this happened around April 21st at 47,000, it flipped over. That's when I should have been selling a little bit of Bitcoin, but I did not. I forgot to check this chart. And now we can see that we took quite a dip and we're going back up. But again, we've got quite a lot of room to run for these to hit. So look, I still think we've got a pretty good bull run. Who knows what's going to go to end in December or January, February, March. I just know that I dollar cost average in, probably dollar cost average out. But this time, I'll probably take a little bit more loans on my crypto. That's it for that section. Let me know what you think about it in the comments and let's move on. And this is our last couple of pieces. I need a researcher and I got so many things going on. I just need someone to do some pretty solid research, mostly for the different projects that are coming in. And they want me to talk about them and also even some daily research. So if you live in Puerto Rico, that's the big thing. If you live in Puerto Rico, reach out to me because I'd like to get to hire one person for research. I'll be putting out more of the criteria and how you can really whittle it down to what's going to happen. But I need to have this done relatively within the next month, definitely by the end of the year. So that's the second to last thing. And then lastly, I'll talk about the metaverse. I'm kind of hoarse today because I did another video, which I talked about my metaverse buys and the lands that I have purchased on between sandbox and essential land. I can tell you right now, I know people say that usually in real estate, we hear location, location, location is the biggest thing. But I found out in this one, it's not that big of a deal as opposed to in the metaverse. So I'll talk about the lands that I purchased, how to purchase them, how to, you know, things to look for, things to avoid, and I'll release that video soon. But that's it for today. So look, if you stuck with me through the end, thanks a lot. I appreciate it. A lot of things going on. If you liked the video, give it a like, give it a thumbs up, consider subscribing. A lot of things are happening fast and furious. This is the time to really lock in the information. But that's it. So thanks so much for watching. I appreciate it. And I'll see you on the next one.