 Welcome to your last set news to get top stories in crypto and bring out a bite-sized piece is today Just like the thumbnail suggests we're gonna take a look at are we doing the same thing as far as a parabolic run? As it has been in the past. So what we need to do is just to take a look at Where we have been to know where we've going so we're gonna take a look at a little market cap history Take a look at 2017 and 2021 and exactly how they just line up almost perfectly We're gonna take a look at current on-chain analysis to support that then a couple of stories about French Bank Eating up and gobbling up DeFi projects and also a Voyager the brokerage some pros and cons So we'll go over all that stuff but first take a look at what's going on the market So today it is Saturday a beautiful day and look markets up. We're doing pretty good We're at 2.12 trillion and Bitcoin price is almost at 48,000. I'd like to see that but the sentiment for Bitcoin today is pretty neutral and It was crazy because like as things were dropping It seemed like the bullish sentiment was just we're just kind of increasing increasing increasing and now we're here That's when people are getting cold hands Or cold feet. I don't understand. I I think as time goes on and everything starts to conclude I think we're in the right place at the right time with the right projects And just take a look at overall gains in the last 24 hours Yesterday was a great day. Today's not too bad. Look, uh, Bitcoin's up 1% at there is 4 We're almost at $3,400 Binance coins. Wow the number three spot at 4% And it looks like they're making a massive run at 430 crown was around 226. Tell you nobody cares Solana Now in the sixth spot after jumping up 21% in a seven day average and uh, I gotta tell you I gotta tell you As far as like uh, Solana, I'm glad I picked that up I want to thank two people Mike the investor and also James from invest answers Their youtube channels are in my description and those the ones that got me Into Solana a while back and I've been dollar cost averaging for quite some time. So anyhow, that is what is going on into the market Let's jump into today's top story. So The first thing we're not story per se, but it's about market cap And I was looking at this yesterday. We briefly touched on it And it was the total cryptocurrency market cap and this includes bitcoin and every altcoin out there Now we can kind of we can scroll down here And we can take a look at with a total crypto market cap excluding bitcoin, but I really don't care about that I just don't what I'm looking for is patterns and I'm looking for what happened before to see what's happening now now Past performance does not equate to current results, right? I want to make that crystal clear I know people have been comparing 2017 to 2021 forever But I will remind everybody when I got into crypto in 2017 Every not everybody there's a lot of people that were saying that 2013 was an anomaly and we were not going to see that type of parabolic bull run And guess what happened? It the exact same thing happened and everybody's like well because it did and then now I hear the exact same thing Like okay, 2017 was great, but we're not going to have this parabolic bull run It's going to be shifting all over the place and maybe it will maybe it will but here's my question to you What if it isn't? What if it's the exact same thing? Are you positioned in the right place? Are you doing your due diligence? It's really a question that only you can answer so right take a look at crypto market cap I mean look if we just zoom out look at this horrible market cap. I mean how weak sauce 780 billion Nothing that was on uh, january 5th 2018 That's one of them that we were just losing our minds now look over here We had a market cap of 2 point almost 2.5 trillion And then of course, we're all complaining because we're at like 1.3 trillion It's amazing to me. So I took a look at that I took a look at everything and I broke it down because when we want to just you know get a big picture We just zoom out like okay. Everything's cool, right? But why I wanted to take a look at was how everything compared so I did three little pictures And I took it to it like this let me put this up here So if you take a look at 2016 to 2017 everything was flat on the left hand side, right flat flat as a board And then as we get into uh, this was in 2017 in may first of all We had a little spike and then we had a dip and that was uh when we had a nothing of 68 billion That was in may 2017 Then there was a little spike and there was a dip and that was it went down to 67 billion So lower than it was in may and everybody was talking about how crypto was dead It was in a fall apart then we had a spike and then another dip in september And then it kind of went a little spike and then it went parabolic. Okay, let's just try to remember that That's uh, that's the one I'm pretty much focused on now. Let's take a look at This here 2020 2021 pretty flat had some pretty big action spike then a big fat dip And uh, we were at 1.4 trillion everybody's talking about the cycle is over the bear market is here And we'll never see it again. It's just off. Okay 1.4 trillion And then we had a spike and then we had another dip in july 1.2 trillion So again may july and looking then a spike and then a dip it's september at 1.8 trillion It is pretty much mimicking The same thing over here. So if we take that and extrapolate it just a little bit Just take a look at what could be Again, september not a great month. What happened there for that october to ever December went parabolic So again, I cannot stress this enough. This does not mean for a fact. It's going to happen But if you look back in 2013 All the way to 2017 and again in 2017. They said the exact same thing. It wouldn't happen and yet it did so Here we are sitting on the precipice of what happened And on october 1st, what do we have? Well, we had a pretty big run up a couple hundred billion just kind of flowed into the market Which is pretty funny a couple hundred billion flowed in from 2 trillion to almost 2.2 trillion. Remember back here our dip in may the entire market Was 68 billion 68 billion and now here we are. So just try to remember that when in doubt zoom out. I think uh things will Be okay. So the most thing about that in the comment section But I will just finish up with this story with this and that is that If technical analysis is pretty much a self-fulfilling prophecy if enough people talk about it and they believe in it Then seems like t.a. Kind of works out like that. I know there's a bunch of t.a. People will say no, that's not true But uh when you see enough of the charts and enough of the traders and it kind of becomes a self-fulfilling prophecy So when we start to see like these types of things, is it a self-fulfilling prophecy? What came first? A chicken or the egg? I don't know what's going which way these these things are precisely going because i'm not no stradamus But this is what I truly believe is going to happen not investment advice just investment opinion So this will be the narrative that i'm going to be with and I think a lot of people out there Uh in higher positions much more than me. So If it is or it isn't maybe it's just a self-fulfilling prophecy. Let me just think about that in the comment section Let's move on to our next piece. We talk about 2017 and 21. Oh, we already talked about that. Sorry about that on chain analysis. This is where it gets good on chain analysis We'd like to see what's going on. I mean t.a. Is great Fundamental analysis is fantastic. Sentiment analysis is good But I also want to take a look at what's going on as far as on chain. So real quick This is from crypto quant and it was talking about the most active otc movement since october last year It states the ratio of all exchanges the total transaction volume on the bitcoin network Is at the lowest level since october last year and it's on a downward trend. Why is that important? Well, as we can see here Tokens are being transferred and as they've been transferred the fund flow ratio goes down as they're being transferred around The price has gone up as things have been going just a little bit as far as like the increase of transferability And the fund flow out of exchanges are going out So once that happens, we have an increase in price. We've had it again and again and again Also, we take a look over here As far as like bitcoin miners again from crypto crypto quant We can see that miners aren't selling too much And then what happens when they don't sell they hold on to their crypto or the price goes up It's amazing how that works out and then also my favorite one all exchange reserves This is just for bitcoin itself and look at this this in the in the bluish purplish That is the actual reserve Of what the exchanges have as far as bitcoin and it keeps going down because people keep buying it and transferring it off And then goes what happens? Well, we got the same demand but not as much supply All of a sudden price goes up yet again. And then of course let me back up here and show you And then also here's another one of my favorites It's it's the ethereum all exchange reserve and it's even more pronounced Look at this from the top left hand corner. That's a bluish purplish line That's the reserves of all the exchanges and what they have as far as ethereum See much that's going down. It's going down Midally and they don't have much yet at all and look at the price. Oh, it looks nice So if we can take a look at someone on chain analysis look at price and demand supply and demand I think we're in the right place at the right time with the right product Anyhow, let me know what you think about that in the comments and then let's go on to our second to last piece about frank French bank and d5. I'm not going to spend a ton of time on this It's just it's something that is in the works and the reason why I like to talk about these things is because it just shows progression and adoption It's not so much about this banks and offer this tomorrow But its banks are getting into it institutions are getting into it Big name people are getting into it and that's what we want. We want a lot of people Under our umbrella to embrace digital assets and cryptocurrency. So what's going on here? There we go. Third largest bank in france Society general proposes use of d5 protocol maker dow So the again french meant multinational investment bank and financial services company Associate general has proceeded to leverage The d5 protocol maker dow the reposal dubbed security tokens refinancing was published on october 1st It aims to utilize the dye stablecoin to refinance a covered Bond concept again if you can't beat them join them and that's exactly where all the banks are going They're like look we everybody wants cryptocurrency. We know where the where things are going We do not want to get blockbusters So let's just get on the train before everything just passes us by and I think it's a good idea It just shows mass adoption and then lastly just real quick want to talk to you about Voyager the pros and the cons so this was You've probably been seeing a lot of this on twitter crypto twitter if you haven't Follow me on on twitter. There I am an ad news asset everything I talk about a lot of things to talk about I talk about on twitter first Kind of flesh things out see what's going on and still it has all the best information but I've probably been seeing a lot of information about people bragging about all of their yield that they're gaining for just having crypto currency Having bought on voyager and just leaving it there and I am no exception So what we have here is I stated this as the rewards roll in if you're using the envoy Voyager app. There's no reason not to have at least 500 tokens You get 7% staking 1 to 3x crypto back rewards You get a 0.5 to 1 and a half earnings reward boost and you get a withdrawal discount Now that's going to come later But that whole part is still true and what we got right here There's my wife. Hello, and then we got the Voyager token. I mean, this is just me Just having my my voyager token just staying on there and this was just 2 out of the like 30 that I have I got 164 just voyager token and right now it's about $2.50 So, you know, not too bad for doing zippo nothing And then here's bat, which I don't really have that much, but whatever else So, I mean the pros is is all right there and I always say like if you're going to use voyager Might as well have 500 unfortunately. It's only for Americans. They're still trying to branch out But that's just one of the parts also The big thing that I think about is If you're going to use voyager, just use the recurring function. It's super simple to use I'll show you right now. It's like the easiest thing of all time. So all I'm going to do is I'm going to pull up my my phone So look, so here's everything that that you can buy. You got bitcoin, ethereum, xrp, blah, blah, blah Let's see something. I don't I don't have Let's say tron right Tron if I'm going to buy tron I'm not going to buy tron, but if I wanted to buy tron, I just clicked this this button right down here You can't really see it says buy tron And then it'll say how much you want to spend I want to spend a hundred bucks And then it's going to say up here set up recurring buy. I just click on that There's my bank account. I'm going to select the frequency daily weekly monthly and just I just set it and forget it And then I just put in again a hundred dollars And if I want to do it down here, it says slide to schedule and it's already set up I don't just think about it. It just comes in. I don't have to keep going back and so on and so forth So to me, I think it's like it's like a pretty easy thing To use now. I will say this there is a downfall and these are the cons of the of using voyager and that is that Out of the 65 different assets that you can use let me go back You got everything. I mean, there's a ton of things you want here bitcoin, ethereum, cardinal, luna, the atom Vechain, I mean all this stuff right 65 different crypto assets out of those You only have You only have Uh 13 that you can take off the platform before everybody's like, oh, that's I'll never use that because I'm gonna I'm gonna take that off and put in a cold surge. Sure you can but here's the thing. I mean I The 13 that they have are the ones that I primarily invest in there's a couple that I don't Once if you leave it on there you gain yield And you just saw how much I get just for doing absolutely nothing If you don't want to do that, don't use void or do something else But if you do There's a link in the description looks something like this And I'll take you to my handy dandy exchange of wall fees and these are all the different wallets and services that I've ever used And ones that I recommend and things that I just do not recommend So, uh, it's all right there and it talks about, uh, you know, if you're able to get loans like in celsius It's all right there and then all the uh commissions and whatnot and uh everything as far as like yield So, uh, that's it for today. Look, uh, I know it was a little bit long today That wasn't too long, but there's a lot of things going on and uh, I will just say this I still think that uh, the most exciting times are ahead of us And I think quarter four like I've been saying for the last I don't know year Will be The big firework show and that's what I truly believe So if you like that type of video go ahead and give me a thumbs up We'd greatly appreciate also consider subscribing All the things we talk about on this show are time sensitive and that is it So, uh, I appreciate you coming by and I will see you in the next one Yeah