 Welcome to Digital Asset News. Take a top stories and crypto current digital assets and break them down to bite-sized pieces. Today, we've got some interesting stuff about what is going on with this bull market. First up, the whole story is this data point from Glassnode. We're going to take a look at what is going on with Bitcoin accumulation and how everything is tightening up as crypto gets taken off the exchanges. Also, cyber criminals attack go-daddy-based cryptocurrency platforms, and this happened on or around November 13th. And this could be one of the reasons why Celsius had those shutdown problems with its website and app. And we'll go over all that, but first let me talk about what happened yesterday. So, I do a show every single day. Just yesterday was one of those days where I had to just take a step back and really update everything that I possibly could, and then also spend some time with the family a little bit more, because I work too much. That's really what it comes down to. One of the things that I did was I put timestamps in the Alex Moshinsky interview. If you haven't taken a check out of that, I will link that at the very end of this video. And there's a lot of questions and a lot of information that Alex put out when I asked some pretty tough questions to Alex, and he answered every single one of them. So, again, thanks for coming on, Alex. I appreciate it. So, on top of that, you know, with all the timestamps, which is great, but as time moves on, people are going to forget about this video. So, when you're doing searches, or when people are doing searches in the future, I want them to be able to find information quite quickly, because a lot of times, with all these different timestamps, the SEO portion of YouTube isn't really that great. So, I want people to actually search for a Celsius answer and just be able to find it real quick. Now, they can find it in a lot of different places. They can go right to Celsius. They can go through all the FAQ. They can go through all the AMAs that Alex does. But for me, it's all about simplicity and saving people time, because time is super precious. So, what I did was I took down all those different points or all those different clips, and I put them on Dan Clips, which is my second website. So, as time goes on, when people actually do a search in YouTube, like, how does Celsius pay out so much yield or interest? The SEO should pick up how in the world does Celsius pay out such a high yield or interest, or any combination thereof. Also, it explains things like, since Celsius also loans out the collateral from institutions, how does that affect everything, and how safe or dangerous is that? How does the Celsius token hold any value? So, everything is just pretty much parsed down to when Alex actually answered those questions. So, it's not like you have to sit by and just watch a 45 or almost an hour-long interview, which I will try to never do that again, even though it was great information, I think for a lot of people, it's too much. And I'll tell you exactly why, because this video right here, usually I'll get 10,000 to 30,000 views. This video itself didn't even make it much past 5,000. It's because when people take a look at this and go, wow, it's 48 minutes, I'm not watching that, and that's usually what happens. So, really, it's about simplicity. I know people will say, well, people are lazy and don't want to watch it. True, I get it, but if I have the ability to break it down and make it super simple for people, why wouldn't I do that? It's the same thing I did with my 100% free website, DanTeachesCrypto. You can find a link in the description. What I try to do is simplify everything, save every time, so they could get in and get out, learn what they need to know, and then be fine with everything. So that's a big thing. So the next question is people probably have been asking me, well, Rob, since you used to have 30% of your portfolio into Celsius, and then you dropped it down to 5% to 10%, after that interview with Alex, what are you doing right now with your portfolio? And the answer is I've increased it from, I went from 5% up to 10%, and now I'm at 15%, so half of what it is. And again, it doesn't matter what I do, but remember, some people, they're like, hey, I have 100% of my portfolio on Celsius. I don't think that's a great idea, but I mean, it is what it is. So if you want to do that, that's fine. For me, I like to minimize risk in whatever shape or form because there's a lot of information out there. And Alex really explained everything. I really appreciate it. However, there are unforeseen things that I just don't know. So there is different levels of learning. And sometimes you don't know what you don't know, and that is a problem. So for me, I'm just going to take a step back and just go, maybe a third of my entire portfolio on one platform isn't such a great idea. As time moves on, maybe I will increase it, or maybe I will decrease, increase or decrease. But it really doesn't matter. It's all what works out for you. And I can't speak to your situation. This is just what works out for me. So again, I trust Alex. I trust the platform. I really like the platform. I really want everybody to get into it so they can increase their interest, their yield just by putting cryptocurrency on there. And Alex explained exactly how they produce interest, how they get yield. And there's really three ways, because of the institutions, they're going to do one of three things. You're going to short market make, they're going to have arbitrage. And out of those three things, they make massive profits, and that's why they can loan out those cryptocurrency. So again, I think it's a great platform. It's just that right now, this is what I've chosen to do. As time moves on, I may change my mind, but that is what it is. All right. So that's what's happening. Let's break into what's going on in today's market. So first up today, it is Sunday, and I remember 22nd, and what have we got? So Bitcoin, before we move on, let me just show you. Bitcoin right now is at 18-2. But when I woke up, usually I'm up like 4.30 in the morning, 5.00 somewhere around there. This is what I saw. So it was around, yeah, it was around 17-7. 17,710. And I know we've been covering a lot of different stories about how there's a lot of people buying up Bitcoin, institutions, PayPal. All the PayPal users are gobbling up 70% of the new Bitcoin, and we'll get to that in a second, but I just want you to notice that people said, hey, Rob, this is different. This is a different bull market. It's just going to keep going up. You know, with the moon, you don't know what you're talking about, and da-da-da. That may be true. I mean, honestly, sometimes, you know, I'm not 100% right. No one ever is. Nobody is 100% right. And the only thing I can say is, I always look back in time, and there's always dips, there's always peaks and valleys, and this is just my experience. So when people say, like, you got to go all in. You got to just, you know, sell your kidneys and just, you know, put it all in Bitcoin or put it all in cryptocurrency. And I say, just wait. Wait. Because when you FOMO in, you're going against your original plan. If that was your original plan. And then once you go against your original plan, you don't have discipline. And when you don't have discipline, you don't have freedom. It's the same thing that Jaco talks about, the Navy SEAL. So when I see something like this, I'm like, this is a great opportunity. If I would have went in, went all in, you know, when it was at whatever this was, 18-8. Well, now I'm down a thousand. That's a good amount of money. And now, today, when I woke up, I can go, great. Now I have that money to put in, and that's what I did. So these are the types of situations that you just have to be aware of. That there really isn't any change per se. History does repeat, and that's pretty much how it is. Now, I think this bull run will be different because it's not led by retail. It's led by institutions. And I do think we're headed to a parabolic bull run. That's for sure. 2021 is definitely our year. I've always said that. But again, Peaks and Valleys is going to be pulled back. So when those pullbacks happen, you are ready for it. And that will increase your positions. All right. So that is what's going on with Bitcoin. Ethereum 530. Also, there's a little bit of a pullback. I think it was around 550, but still 1.9. XRP, 43 cents. Watch out. Tether is Ted. I'm just kidding. I'm just kidding. I know everybody who was on XRP was like, oh, I can't wait. I can't wait till Rob talks about XRP and he can't be all snarky and da-da-da. And like, hey, yeah, you're right. So congratulations, XRP holders. You're up 5.62% for the week. That is massive. 43 cents. So great job. And so the other question is, hey, Rob, you must be doing better with XRP. No. Because when I bought XRP, it was much, much higher. It was in the $2 ranges. Then I would buy it down around $1.80 and $1.60. And I remember telling my friends, one of those 75 cents, I'm like, guys, we've got to get in because it's never going to be below 75 cents. And I appreciate XRP because it always reminds me of how to be disciplined. Because if you, again, no discipline, no freedom, and then you run your same problems over and over again. So, but still, XRP, massive time. And people will ask me, why don't you just keep buying on the way down? It's because I wanted to buy the things. I, you know, XRP could be huge, but I feel like there was other products that I wanted to get into. And that's why I do what I did. So, Tether is $18.5 billion. So that's looking good. It looks like they have minted more Tether. Which is always weird. They've minted more Tether. They've created more Tether. They're supposed to back it up one to one with dollars. But, you know, I don't know how that audit is going. Chainlink is now one and a half percent. But still, it's hovering around $14.50. I'm thinking it's going to be $15, but it's still massive, $14 for the week. So good. Bitcoin down a little bit. But boy, what a great run, right? $82.8 percent. Bitcoin Cash, which if you don't know, I talked about this in Friday's video. I am dollar-cost averaging into Bitcoin Cash. Like I have said before, it is now on PayPal. You cannot ignore it. It is one of the big four, just like it became one of the big four or five for Coinbase. So, yeah, I'm going to be putting into it. Because I always talk about hedging my bet. And I've hedged my bet. I truly believe in Ethereum. I truly believe it's going to be great. But what if something falters? What if something happens? It's a great smart contract platform. But that is why I've also invested in the Cardano and EOS and Tezos. So with Bitcoin, I've got to hedge my bet as well. So not that I think Bitcoin's going to ever fall the next six months, but I mean Bitcoin Cash is there. So I will definitely dollar-cost averaging. Binance Coin, 0.9. Cardano up 6 percent. Also, I do believe I'm going to start, hey, Cardano mining pool. So more information coming that way. Bitcoin SV down 0.4. USD Coin. 1.2 for Stellar, OKB. Anything good? Really great. I get bored after I get past like the first 10 if you haven't noticed. Wave is up 12 percent. Congratulations to Waveowners. I don't know on that, but good for you guys. One point. Anything down massively? Anything? Ugh, 10 percent reserve. I don't know what that is. 0.75. OK. I'm not going to attempt to go down that low. So that's what's going on with the market in general. Just remember, if you have a plan stick to it, it'll make you feel a lot better. Let's move on. All right. So this is the big story, I think. So this was from Paytm Crypto, and it's just a little piece from Glass Node. Glass Node is a data analytics company, and everybody just takes a look at what is going on as far as like balance on exchanges. We can see all the way back from 2012 and, you know, anything going on in 2013. And we can just take a look at all the different exchanges, all the big ones, all the small ones. Luno, I don't know what the heck that is. OKX, Bitnex, Binance, Bitfinex, Bitstamp, Crack and Coinbase. I mean, all of them right here, right? And they're all color coordinated, very nice. But we can just see like around 2016, 2017, there was a big massive influx of Bitcoin on the exchanges. And then we saw a lot of them just get pulled off, right? Just get pulled off or sold off, whatever else. And then here we are, then there was more on the exchanges because people were like, OK, I'm going to put them back on the exchange because usually what happens is when people pull things off the exchange, it's because they're not going to sell. They just want to hold it and they don't want to deal with the exchanges and their hacks and everything else, even though, you know, depending on the insurance for hot and cold wall, I'm not going to get in that. But they're going to pull it off because they're going to wait. So when people have it on, they're like, hey, we want to put this on here or they're accumulating or they're buying whatever else because they think that they're going to sell at some point. But if you can see right here, 2020 was the height. And then as time moved on, people started to realize like, hmm, I think that this is going to be a pretty big run. So we're coming down here. And now this is what people are talking about. There is a crisis, not a crisis, but there is a supply and demand. And when you don't have much Bitcoin and people want to buy Bitcoin and there's not that much Bitcoin on the exchanges, what do you think happens? Well, the price goes up. So I think what's happening here is people like, they've heard the stories that Bitcoin is going to 100, 150, 318,000, 500,000, 1 million, 3 million. And they've gotten in their heads and they're like, you know what, I'm not selling, taking it off. Also, they've also listed something like Michael Saylor from Michael's Strategy who is up massively. And he said, look, you traders, I have no respect for you. I have respect for traders, because that's a pretty ballsy position to take. And when he talks about it, he's like, look, we're not selling. Like, we're taking this all the way off and we're not going to sell. So that's it. And that's like the end of the conversation. So I think a lot of people are taking off of Bitcoin because they're like, listen, we're sick of playing this game. We know where things are going. We're sick of quantitative easing. We know that governments are going to actually get into this and hold their treasury. We know the big corporations here. We know the institutions are here. We know it's better than gold. We're going to take it off. We're going to hold it. We're going to watch the price go to the moon. And that's what's going on. So I think when we see something like this, this is a great indicator of where we're going to be in 2021. So there is this piece. And then also, I want to talk about this last video we did on Friday. And it's PayPal users buying big. And the whole story really comes down to this chart. And what this chart is, is the it bit volume. It bit is the exchange for Paxos. Paxos is the one that is doing everything with PayPal and buying up the Bitcoin for PayPal so PayPal users can have their paper Bitcoin. Remember, on PayPal, they're not getting private keys. It's just being stored. And they're saying, yeah, you want some Bitcoin, but you really don't own anything. You just own paper kind of like Robinhood. You know, you don't get the stock certificate. You just get paper. Like you just like, well, you kind of want it, so what's going on here? It talks about how PayPal, or in this case Paxos, is buying up all the newly minted Bitcoin. That's important. Newly minted Bitcoin. They're not going to exchanges, other exchanges. They're not buying up existing Bitcoin that's just hanging around because why would they? Because that would just increase the price. And you've got players like Grayscale. They're not buying up older style. I mean, they might be in the background and maybe some OTC, just like MicroStrategy did. But they're not buying massive amounts of Bitcoin that is just hanging around in hands like yours or mine. They're buying all the newly minted Bitcoin because they don't want to raise the price because they're like, well, if we can get this down here, then we're going to be a lot better. And I think that's what's going on. I think that's what happened over here with Bitcoin dropping down to 17.7 when I bought it up because I'm like, oh, this is a great opportunity. So just be aware that when you look at the price, you're like, why isn't the price going up? I thought everybody was buying everything. I thought there was PayPal. I thought it was Square. I thought it was MicroStrategy and blah, blah, blah. You've got to realize what's going on. These institutions are really slick. This isn't their first rodeo either. So they know exactly what to do and they also have a new trick up their sleeve, which is what Michael Saylor taught him, which was to buy very slowly in microtransactions as to not increase the price massively. So that's what they're going to do. And that's just how the game is played. So you got to be patient. However, there's going to come a point where I'm sorry to say you've only got so much time. You've only got so much Bitcoin that you can start to really buy newly minted as PayPal users start to buy and buy and buy. It's only so much newly minted Bitcoin that we can get because it was 12.5 before the halving in May in 2020. Now it's at 6.25 and they're gobbling up 70%. And that's just the U.S. version of PayPal. That's not even global. Global goes live in Q1 2021. So when that happens, then you've got all the big players into the game and I think it's going to increase the price pretty massively. But for right now, they're going to play the game and they're going to keep that price a little bit suppressed so they can gobble up as much as possible before it goes to the moon. Anyhow, let me know what you think in the comment section. Let's move on. Next up, this was interesting. Cyber criminals attack GoDaddy based crypto platforms. So this was just released half an hour ago and it talks about this. Security research, Krebs on security reported that several crypto platforms hosted by GoDaddy have been attacked over the past week. So here's what happened. On or around November 13th, that's critical. On or around November 13th, crypto, there was some attacks on different crypto trading platforms, liquid.com as well as other ones. Liquid CEO Mike K. Amore said, GoDaddy incorrectly transferred control of the account and domain to a malicious actor. So let me get this straight. GoDaddy, which holds everything, transferred over to a malicious actor, all the DNS entries, all the different data points over to somebody else and just gave them the keys to the castle. That's amazing. The move allowed a malicious actor to change DNS records, internal email accounts and blah, blah, blah. So there was that one. The second victim was a mining service called NiceHash and they discovered on November 18th that some of the settings for the domain registration records were changed without auth, briefly redirecting email and web traffic for the site. That's dangerous. So what they did was they froze all the customers' accounts and they said, hey, you need to restore or change all your passwords. Also your two factor authentication for Google. So this is GoDaddy. And it made me think about the interview that me and Alex had where he talked about it. It was the very last thing, 42 minutes in. What happened with the Celsius website and App Crash and the GoDaddy DNS propagation? He told me something interesting about that one. He says, we had to shut it down because there was an issue with security. We didn't know exactly what it was, but we shut everything down to safeguard our customers and it was the 100% correct right thing to do now that we're looking at this article. So he even talked about it in the interview where they are waiting for an assessment report from GoDaddy and they may or may not be able to release that, but this looks like at least partially what it could be. I'm not for sure, but just as a point of reference, this actually happened on November 12th. This is when Alex said, hey, there's some problems with the website and it's down and blah, blah, blah, right? So what this article talks about is it happened on or around, on or around November 13th. So November 12th is within that realm of possibility and it looks like this is potentially what it could have been, which makes me trust Celsius a little bit more because they made the right decision as opposed to maybe somebody else in other situations who would just be like, nah, it's okay. Let it go because we don't want to upset the customers. Well, sometimes you got to be a little bit heavy-handed and that is what it is. So I just thought it was an interesting piece and let me know what your thoughts are in the comments. Also, before we take off, I want to talk about the Bitcoin family. If you don't know this guy, this is Diddy. And remember that story about a family who sold their house for Bitcoin and people thought they were crazy and paid off massively? This is the family. So they reached out to me and they were talking about scams and how they don't like scams. Like, hey, I also don't like scams. So I'm going to have Diddy on the show at some point and I want to talk to him about two things. First of all, how we can collaborate and make sure that everybody knows about these scams because it's not how much you make. It is how much you keep. 2021 is going to be a very big year. I think there's going to be a lot of baby boomers in here and we need to protect them as well as everybody else. That's the first thing. The second thing I want to talk to him about is I don't preach about going all-in. And Diddy is the exact opposite of me. Him and his family went 100% all-in. So I want to talk to him about, first of all, why he did it. Second of all, why he did it at that time frame. And third of all, what we can take from it because I like opposing views. This ought to be interesting. All right, so that's it for today. I really appreciate you watching all the way to the end. Thanks for sticking with me. If you like these types of videos, there's going to be two ones going to pop up on your left and right. Let YouTube do their magic. And that is all. So enjoy your Sunday. Really thanks again for watching the whole thing. See you on the next one. Bye.