 Welcome to the last set news like a top stories and crypto and bring on a bite-sized piece today another scandal This one with the Federal Reserve and it just goes to show you that the people behind the scenes really do pull the string So it's up to you to find a best strategy for what you're gonna do We'll talk all about that in a little bit Also, we're gonna talk about what whales are buying right now because the market today on the 9th of January is not looking So hot we're taking a little bit more of a beating and lastly we'll take a look at Samsung and their crypto play and then finally finally we'll talk about an upcoming Puerto Rico meetup, which will be this Tuesday So to go over all those things first we have to take a look at what's going on in the market And today is just another and all honesty a sideways day after a seven-day brutal hit For what we have going on in the market the market caps 1.94 trillion So we lost a 2 trillion market cap now we're below that we're staying below that Sunday's never a really good day and then the only thing that really matters is not matters But we'll kind of see how things operate when everybody wakes up Asia markets and then also on Monday when the stock market opens up We'll see how things go because there was a little bit of a sideways action and Monday I think it's gonna be a big day, but big comb right now is below 42 But it hasn't slumped down to 39 or 33 or 30 or 20k like some people and burnt have been predicting Still kind of just floating around and over the last 24 hours. It's up a whopping point zero six watch out Ethereum is still hovering around 3100. It was around 32 lost a little ground 24 hours down 2% But look at those seven-day changes 12% for Bitcoin 18% on motion Binance coin 17% Solana down 20% Tara is up 6% for 24 hours. It's amazing avalanche is up 2% chain link is up 9% and 28% in the last seven days. It's like I talk about I Just I know people like why you hold on to chain link because everybody's gonna need it. It's a it's an oracle It's what they need to do to actually pull real Data onto the blockchain because they can't do that. So that's what's going on the market You can just kind of look at it. I mean I see peas up 20% for no great reason 7% for As said Leo everything's just down across the board and just it is What it is so that's what we have but what I want to talk to you the big thing is the Fed scan only when we go over the story, I want you to think about just how hard it is to Get in front of People with a bunch of insider knowledge because there's things that will never know and it's very tough to kind of pick those Spots because there's some people behind the curtain pulling the strings and if people always say no You can figure it all out by by doing this or that really it doesn't I personally don't think it's like that I think there's people that shape what's going on and I'm just along for the ride And that's why like we did a video yesterday where we talked about all these different hedge funds Well, they're quantitative analysis and all the things that they do and how great it is but the best strategy that was found by this report from PricewaterhouseCoopers in May 2021 Was essentially the buy-and-hold that's pretty much it So let me know what you think about this at right read this nice little piece. We talk about The Fed trade ethics scandal now. This isn't the first one. It's not gonna be the last so this is what we got going on New York Times author Gina Smielek wrote that correlated disclosures Show that vice chair Richard H. Clarita. I think that's that this gentleman right here Sold a stock fund then swiftly repurchased it before a big Fed announcement and if people think ah, it's not so bad Just one just wait Clarita the parting vice chair of the Federal Reserve failed to initially disclose the extent of a financial transaction He made in early 2020 as the Fed was preparing to swoop in and rescue markets amid the unfolding pandemic and it gets worse It's not the first time last September the Wall Street Journal published an article that revealed Dallas Fed president Robert Kaplan made multiple million dollars plus stock trade in 2020 According to a financial disclosure from provided by his bank and this controversy pushed Our guide Jerome Powell to direct his staff to start an ethics inquiry into the financial activities of the Fed members Clarita's trades in particular were reportedly settled the day before Powell announced the Fed's emergency measures to help bolster the economy Here's the thing I know people love TA and people love Analysis and people love to really dig into it and that's good because it can kind of shape some of the things But there's some things you just really can't shape and this is just one of those deals where like somebody knows somebody Clarita he knows Powell. I will says we're gonna do this. All right sounds good Let me visit my broker. Let me purchase some stocks or sell some stocks where we've also wanted to do Even Kelly Loeffler did that thing and that's why she's not the senator of Georgia anymore Just a just a thing just a little little history So then that person knows that and then someone knows clear then goes what's clear to what's going on? I'm just doing this thing. Okay, then they purchase or they are they sell and then someone knows somebody and then they sell before You know it usually the people at the top know a lot of rich people and before you know it those whales are Messing up the market before you know it you got a bunch of cascade effects and here we are so Again, that's why I just buy and hold it just makes sense for me. I have my goals Working out okay so far So let me know what you think about that in the comment section because it's really gonna lead us to our next point Which is well if that's going on what are the whales buying right now because it seems like a lot of people are selling So what are the people who look in the long term? What are they doing? Well? This is a pretty decent article from Daily Hot. They say whales splurge 36.5 million on Ethereum based all coin. Here's what they're doing. So the fifth the 557th largest whale, I can't imagine the biggest whale splurge 36 and a half million on 1,000,000 49,000 FTX tokens that's FTX that's the exchange and they can free to believe 8.8 million on 4.2 million mattock 17 almost 18 million Ave and 61,400 link Well, that's also found the fourth ranked largest ETH whale on the planet known as light That's a pretty funny inverse name hauled in 625,000 engine worth about 1.5 million imagine being able to really buy the dip I mean really buy the dip by millions and then there's another list by whale stats the top 10 purchase tokens by ETH whales in the last 24 hours Are stable coins USD coin and tether first of all why they Accumulating those well if you're gonna accumulate stable coins, there's a lot of different platforms I'll give you 10 12 16% yield and if you're buying millions of dollars worth of that That's the easiest play you can possibly do it's a stable coin and you get millions of dollars out of it That's what I would do too. I just don't have The 30 million so what are you gonna do? Link Matic Wrapped Bitcoin also and also being scooped up played our own gaming token yield guild games crypto exchange MXC foundation engine and the gaming altcoin gala games and that's actually one that I'm Mapping dollar cost averaging and for quite some time as well as Matic so if you're looking for what think what whales are doing behind the scenes first of all They're kind of screwing everybody by Buying and selling stocks because Federal Reserve we just take a look at second other ones are hey If you're gonna sell and you're gonna you know have a knee-jerk reaction I'm gonna buy a bunch because in the long term it's gonna be okay And yeah, let me know what you think about that in the comments section Which leads us to our next little snippet of information, which is the Samsung crypto play and I'm always trying to figure out where things are going in the future I like to be ahead of it if you're watching this video You're probably a futurist yourself you probably try to look at what's going on because that's why you're here You probably purchased a little bit of crypto. So for this one. I thought it was interesting that Samsung reveals a virtual store 837 X in Decentraland which is a metaverse play with a Pretty cool stuff. So this is What we got the company has opened a store Samsung within the blockchain virtual metaverse Decentraland The Samsung 837 X store is modeled from the physical location in New York City And the virtual store will be open to Decentraland visitors for a limited time and I gotta tell you I've been talking back and forth with both some protocol and One of their higher-ups says that he believes that everybody is going to own a Virtual version of the physical things that they buy and he kind of laid it out to me and explained to me And it made it made sense because we're gonna have a dual identities as time goes on I know that sounds crazy, but didn't it sound crazy like 30 years ago that you could stream a movie? Across the internet like there's no way that could happen And there's no reason for that because I just go to the movie theater. I can watch it on TV I can just go and now look we're at so it's kind of like expanding it So when I see these things not just the Decentraland plays but bigger companies getting into it It makes me think okay. Well, I'm glad I purchased that the Decentraland Pieces parcels also the sandbox parcels also for the sandbox and the engine coins and all those things that we've been doing and kind Of accumulating behind the scenes because I think in the future It's gonna play off pretty well could be wrong not financial advice Just what I'm doing and to finish up the company for the details of the visitors visitors will be able to experience the connectivity theater The sustainability for us, which I believe they partner with Cardano on that one and the customization stage according to Samsung fans Perusing through the theater and for us can complete quests along the way or NFT badges The stage will feature a metaverse mixed reality live dance party hosted by DJ gamma vibes I will not be attending that sounds great for somebody else And yeah, and that's what we have going on and then lastly like we talked about just want to finish up with this I'm gonna do a Puerto Rico meet-up this Tuesday, and I'll reveal where it's gonna be and all that stuff in the time Just follow me on Twitter. It's at news asset very simple links in description And the reason why I want to do this because I went to a couple meet-ups here in Puerto Rico, and they're at some super fancy I mean expensive like hotels, which was great. Even I was walking. I was like God damn This is kind of intimidating. So like when I think about these things. I'm like, is this but the average investor? I mean Kind of looks at and goes, okay This is for me or it's just kind of be like and there were so many people there and also another thing is is we had like a hedge A trader who was talking about how great the derivatives and futures markets were and I was like, what the hell Who are you talking to? Do you really think that that Bitcoin futures is awesome? It sucks And then of course and my friend Brian was just like in my ear the whole time going this guy's full blah, blah, blah And Point is I think we can just kind of pare it down a little bit simple place a little bar place to meet up talk crypto Make it super simple. That's the goal anyhow. Anyhow, let me just think about that in the comments section But that's it for today. So if you liked today's video family value give a thumbs up I'll consider subscribing a lot of you talk about our time sensitive and that's it for today So thanks so much for watching. I appreciate it. See you in the next one