 Look at the last set of news to get top stories and crypto currency last sets that bring down a bite-sized piece It's they got a lot to go over and it really just starts with Cardano So Ethereum tokens are going to be able to be migrated to Cardano with an ERC 20 converter I'm just gonna show you just exactly how easy it is the first Project to do will be singularity net and those are the ones that are all responsible for artificial intelligence the ones that built Sophia and then also we're gonna take a look at the core on ecosystem take a look at the products that are coming out So hopefully we can get into some of those projects and we'll do all that for first Let's take a look at what is going on with the market. So today it is the 18th and We've got market cap of 2.07 trillion. So it's been a wild ride Last two weeks because of one guy tweeting also just so you know United States just had to fill out all their tax forms and pay yesterday was the last day and when people say This should already be done aren't people like super proactive No, people are lazy and I can tell you every way to the last minute because For crypto trader tax is just me talking Yesterday was the largest day for referrals for crypto trader tax, which is a software for calculating your your your crypto taxes and I was surprised actually I've reached out to crypto trader and they said yes This is our biggest day too, which is the last day So just you know people wait the last day those the ones that have to fill out their forms and pay taxes Where do they get money usually if they're in cryptocurrency? They just take out of the other crypto markets It's liquid 24 7365 and that is it the people that have already filed their taxes Those ones get money back and then people who have to pay wait the last minute kind of like me and that's just So what do we got today? Well, Bitcoin's at 44 a little bit of a rebound Ethereum's up a little bit Over the last time frame 5% for extra peak. Congratulations. There's a big one Matic jumped up 140% in seven days 20% in 24 hours layer 2 solution that could really help Ethereum with their gas fees So hopefully that works out great and then Aave the DeFi platform. So Just as you might may or may not know We sent out a tweet yesterday a couple of days ago Actually a week ago which said by the dip and we always talk about by the dip, right? The question is did you buy the dip or do you just talk about buying the dip and everybody likes to talk about it? But you have to really have those that mentality like hey, it's not that everything's you know Going on the tubes. It's just that I'm getting these fantastic sales I got to buy it up because as time goes on it's gonna be worth more and it hurts to take out your your accounts and Transfer it in but sometimes you just have to do it that is not financial advice It's financial opinion That's what I do and I bought a ton of crypto in the last couple weeks way more than usually dollar cost average But because things could just that's the price So you got to remember some things first of all there's a thing called stock to flow I know a lot of people hear about it, but the question is what is it? Let's want to go to that real quick and just so you know the stock to flow model. It's predicting a hundred thousand dollars for this year and This little gray line here the realized black lines of 200 moving average and then this is the actual price in these dots here Just so you know The price is still well above what the stock to flow is on top of what we think it actually will do Let me blow this up Which is a hundred thousand dollars and this this model some people don't really agree with it Well, but a lot of people do and forms talks about how accurate this model has actually been and it's been the most accurate so far So it's just good to know and then the guy that created it just so you know is plan B That's been this 40s degrees in law and economics spent the last 25 years in traditional finance. He didn't create it But he what he did he he applied the metric to create a price prediction that ties the value of assets to its current Stock to flow ratio. Just so you know Stock to flow. Yeah, you divide the current stock of a commodity by an annual production and the example I give them pull this up is Gold right now. There's a hundred and five thousand Tons of gold that is the that is the current stock and the flow is what we take out or what is being produced That's three thousand tons per year So you divide those two numbers and it'll take you 62 years to get to that to the current Rates or the current amount and the same thing goes goes true with with Bitcoin total stock is 18.6 million get-or-take and Because we had a having last last May the issue in schedule is 328,500 per year that gives it a stock to flow of fifty six point six so that's Maybe you see this model to kind of come out and just see you know It's not totally accurate There's a thousand copycats of that Or five six thousand different cryptocurrencies out there There really comes down to demand and right now it's a lot of institutions that have that demand It has been reduced. Thanks to our buddy Elon, but hey, what are you gonna do? And I still think it's gonna be I still think we're gonna hit 130,000 this year. That's my conservative number somewhere between a hundred three hundred fifty thousand and let's go with that. So This has been the most accurate so far, so we'll see but I do think it's a lot of fireworks coming. Alright, so that's what's that's that Let's get to some of that's uh Because you can call ground breaking so Ethereum tokens easily migrated to Cardano, and I know I talk about Cardano a lot But there's a lot of things going on with it I mean Ethereum if they would you know talk more about their e2.0 launch and and give me some concrete dates I'd cover them all day long And I'd also cover all the different things that are really going on But I think right now this one has the most buzz and the most Potential not what it is, but what it could be and people always say well, who's building on it? Where's this more contracts? Who doesn't have those yet? Just just doesn't so These things are coming that come in around August and we'll see What the fireworks are at that point? Alright, so what is happening here? So this was from a blog post that they just put out Yeah, there's a and here's what's going on The upcoming that's the keyword upcoming not happening right now a Thermal cardinal migration tool will be accessible for organizations and individuals when I talk about this tool It's an ERC 20 converter and actually let me just let me show you exactly what it is This was a video that was created. I'm gonna double up the speed I'm gonna mute it and just talk about it because if you it's it's a little slow So everybody's got some time, right? So you connect a wallet And these these are all the all the accounts that you have in your metamast wall or whatever else But see right here All you got to do is just say this is the balance of my theorem ERC 20 convert Tokens now I convert to Cardano and then whatever it is you just press convert Press confirm Then you wait a little bit and then you wait for it even on double speed Well, that was like 10 seconds and it's impatient, but you see where I'm getting that that's how easy it is That's the years 20 converter. That's all so that's Pretty much the whole story right there But this is a here's the quote From my OHK here's a 20 converter test that is now in the final stages of quality assurance Testing before the public launch the stage will allow us to test the user journey and improve their Experience along with fixing any occurring issues. I know people are gonna say Cardano and I OHK and all their testing just roll it out already Well, let me remind you what happens when a lot of different testing wasn't done for certain D5 projects Lot of people lost a lot of money. So this isn't some wacky project out there That's just like, you know, I'm gonna lose a couple of million bucks, which is still a lot of money Let's just let's just call a spade a spade, but they're like look There's a lot of there's a lot of money on the line a lot of people's futures on the line We just want to make sure that this is correct before we roll it out and to me it's kind of like the FDA, right? don't get Don't want to hear a bunch of comments about how the FDA is like evil and rules the world I do not care about those what I care about is that people actually do the due diligence and the testing before they roll things out Because if not you You know you break a lot of people I also people say well, you gotta you gotta break some eggs to make a few omelets Yeah, we'll tell that to the person who just lost their life savings Okay, so that's it. So I'm glad that in the testing I could wait a little bit. I'm not impatient. That's just me And so IG developers announced that the agi token of a similar net will be the first to fork through the converted dashboard New asset will have an Ajax ticker. That's the big thing. So what I was like, what singularity I've heard of it Singularity on that it's for AI productions. And it's just that scale So you can do a lot of different things with AI and if you're a developer this I think is a great platform So you can create your own organization manage from within one environment monetize your service and blah, blah, blah Great stuff. And then just as a reminder, they're the ones that built Sophia That's AI robots, which is scary to me. I think AI personally is scary But I will tell you that there's two things that will rule the world The next 20 years or so it's the people or the group or the country or the organization That really hammers home AI and gets it all figured out and controls it massively and the next one is blockchain If you have a country or organization or group that controls both those things or has the leading advantage You will dominate this world and that's just how I see it. So Let me know what you think in the comments section about that little piece Let's move on just to talk about the ecosystem and what I want to do So this is the kind of ecosystem I posted a ton on Twitter You can follow me on Twitter at news asset and all the different things that we'd really like to see to blow up And I think this is where member Binance coin How well that did just because on a decentralized exchange. Well, that's coming very quickly when you smart platforms raw in August So if you don't think if you think Cardano's a scam, you don't really like it It's fine. You don't invest into it Like I think personally a lot of things are different scams out there and people are are really not doing their work I think it's very few these days, but I think it's out there. I crowd. I just don't see that as one of them So You're gonna see and this is where the rubber meets the road if things don't happen for Cardano this year Then I will pull a Novogratz and hang up my spurs and not talk about them But I do think that it's it's a pretty great thing and here's what they have they got all different types of decentralized exchanges they got a launchpad calls the card starter or actually what let me just show you Let me just switch over do all these things I want to cover and What I want to do is digital asset news is just for news But for more the advanced things that's why I created digital asset news clips and what I'm gonna do over the next Actually, hopefully I do a couple one here in Puerto Rico But what I really want to do is go over all the different projects that I find fascinating and Just you know here in Puerto Rico gonna meet with the lawyers in like another hour or so I'll go I'll do that video talking about legal ramifications real estate agents CPAs and of course people who live here. I'll put it on my little package, but I'm gonna go over things like Indigo and indigo This is First synthetic assets so you can you know trade all these other things that are real world. There's a Lending platform called liquid go to think called Tesseract, which goes over web three dApps. I want to go over Block frost which is all for an API integration Sunday swap which the centralize exchange also want to go over polysup and there are another decks need to go over Card starter which is just like polka starter Which is just a launchpad for all the different things that are coming out and it's insured and then the big one I think could be big Charlie three, which is the Oracle kind of like chain link, but it's built specifically on the ground network and then bring up the rear Cody Which I've already bought some already. I think it's gonna be great for Payments as far as on the crown of blockchain look payments are like gonna be pennies instead of a gas fee crazy So and then it's not like you need that a ton of different layer solutions And then this is the the dark horse insurer, which is underwriting for insurance products And then there is one that just came out Jiro wall. I think it's Jiro or hero hero You're a wallet. It's all about decentralized finance and this one looks pretty amazing first of all it's built on Cardano and The tokenomics, it's only 500 million supply. We've already released it. I think it was yesterday and let's just pull When Gecko just see what and see if it's even listed not even I mean it's listed, but doesn't have a rank so low Jesus it's already up almost to a dollar and It went from nothing Well 48 cents I guess from yesterday because it's only almost yesterday all the way up to a buck and Before you ask me where it is just go to coin gecko. See where's the seal trading pairs? Just click on that big green button and it'll tell you Every place you can get it and right now you can only get a unit swap This is how we are the 24 hour volume is only 128 million So you can get it just got to pay a lot of gas But that's for the ballers out there and I might not I'm like I'm going to do this one I should but I'm not but it looks Hey decentralized finance right in your phone already got things moving 500 million and I think this is the year for Cardano, so I'll go over the all those and I'll put that and Dan clips because I think that's the best place for it and we've actually taken a look already at a couple of good projects one of those is World mobile token and this is this one's pretty cool because they're gonna be two things It's infrastructure where they're going to put in these this mesh network for solar panels for electricity They're going to be able to have telecommunications and Wi-Fi and of course that is the infrastructure layer at the second layer is of course building Digital ID. This is the one where they partnered up with Cardano their native token will be built on Cardano and this will also allow them to to pay for services insurance education and finance all in sub-Saharan Africa to people who don't have These types of services and that is a four billion person industry because people can't get these and it's a trillion dollar industry And it's why I'm excited about this one now full disclosure I have not bought any Because I can't get any right now which sucks because I'm in America that is what it is actually nobody can they haven't opened It up, but when this becomes available, I will get into this I get into things I need I get to do good and do well, so Slammed on for me. All right, so what that's it if you want to watch that the video that I did about that It's over on Dan Clips. You can look in the description Says follow Dan. There's a link to Dan Clips And if you just can't figure that out or just don't know, you know, how to do that just go to YouTube Because YouTube really is a search engine. That's insult anybody's intelligence But you go Dan I can type Dan Clips But run one it put in Dan Clips this guy will come up. That's not me. Do you scroll down? You'll see me somewhere. Maybe a here. Maybe you're there Whatever those digital asset news clips or just put that in whatever you want to do So look that is it for today. I think these are exciting times Again, whatever project you're into great go for that I just think I see a lot of upside with with Cardano right now and we'll see So thanks for sticking with me. If you like the video, give it a thumbs up Consider subscribing. A lot of things we talk about our time sensitive, especially with these projects coming up And that is it. So I appreciate you coming by. I'll see you on the next one