 Welcome to digital asset news like a top stories and crypto currency digital assets and we got a bite-sized pieces Today we have what I like to refer to as a perfect storm and first up You've got one of the Nordic banks Dan ski They are delving into negative interest rates and this is actually been going on for quite some time But the interesting thing is not that they're actually doing it But that they're going even deeper into negative interest rates to hold people's money and the reasons for why they're actually doing that We'll take a look at that on top of some great information as far as a Alibaba rumor to have bought 20 billion in Bitcoin This is a rumor and why I just want to cover it quickly just to tell everybody why rumors Really should not be trusted as we've seen with Walmart and some other different Properties like Facebook who came out to be false and then finally we'll finish up with Voyager digital Providing a business update for April and what's going on over there because let's be honest We got to take a look at that so We'll get into all those three stories But first take a look what's going on markets today. It is a May 3rd Congratulations, we're back to 2.3 trillion for a market cap and the the sentiment is still a little bearish But so we've done a massive uprun I think of why it's bearish is because of you know when you do that type of of influx of Capital and for of a market cap people get a little bit nervous like you know what? Retracements are a little bit normal and I think that's what we could potentially see but 2.3 trillion Hey, we'll take it so on top of that We'll take a look at the sentiment and what we're going on here. So bitcoins almost 58 Ethereum the big story today It's that's $3,200 and everybody's excited. Everybody's happy about that and that's great So if you're a theorem holder fantastic, we'll see how this all works out as they transition over to Ethereum 2.0 and Staking finance coin, but you know what what's down really 24% for XRP down 0.74. Everything's up. It's a good day these are the great days just get to sit back and just Don't not do anything and really if you want to take profits. That's up to you This is not this is financial opinion not financial advice Do whatever you want to do and that's really what it comes down to let's take a look at The projected range as far as sentiment if you want to take a look at trade the chain There's a link in the description You can figure this all out and find if you that's something that's good for you But if you're a trader, I'm not This middle part, let me pull this up Jesus So you can see it. So you got 3% This middle number here 2.95% that was with 90% assurance is what's going to happen the next hour up to 10% And they have made a 3 so if you're a trader look at BTU protocol air swap gnosis waves Mithril and Civic and I will tell you this ways have been on quite quite a tear and Holy smokes 32 58 You know, we did a Trinity trading series and and it was at 2888 and we said I was gonna go up massively and of course people just laugh So it's already gone up massively more on and here we are. So, you know, e-crow and that's what's going on So let's take a look at what's going on today. Shall we? Alright Before we get going just one thing I like to make mention is that we did a video yesterday It was about Generational wealth and I just talked about the things that I would invest into and the five top altcoins I would hold for five to ten years, which is really a crapshoot and really nobody really knows But I just said here's my here's my choice Bitcoin theme cardano theta and polka dot And I gave you the reasons and if you want to watch the video for the explanation go ahead and check that out Some people said the video was too long. So if you want the information, well, there it is There's the five coins and that's it. So What's going on today negative interest rates? for the banks this apparently has been going on for quite some time in EU and banks globally, but it was interesting that this came out because it makes you wonder like You know, what's going on and the reason that they give so I'll give that a second. So first up Danski Bank lowers the threshold for the charging of negative interest rates. Well, first of all, who's Danski Bank? It's it's a Nordic Bank. I mean is it some small bank or a big bank It's got helping countries helping customers in 12 countries 3.3 million personal business accounts 2,300 corporate 20 almost 20,000 employees and 183 branches The core markets is Denmark Finland Norway and Sweden So, you know, pretty good population and here's their footprint all around there and a little part over there So not a small place and what are they doing? Well, they're charging people to put money into their bank That's what it is. They're introducing an interest rate spread of negative point seven five to negative one percent Paranum for business customers small businesses will be charged the least negative rates Congratulations small businesses. You've got the least negative interest rates of negative point seven five The change will take effect in first July. So if you're not familiar with negative interest rates in America We don't have those yet, but we'll see this means that for you to store money in there and for them to to hold it and secure it you're gonna pay them for that and that's just how it is and Over on Twitter, I post this and some people said well, you know That's actually pretty good because you know, they're FDIC insured like no no, they're not So like in America you have FDIC insured and then some parts in Germany I believe that they have insurance up to so much but a lot of banks in in the European Union They don't have big large insurances. So if you're gonna store in there like pay could could happen Maybe you know, hopefully no one robs the place and then off you go So correct me where I'm wrong here in the comment section, but as far as I read It's not widespread as far as like deposit insurance in banks across the the EU and different parts of the globe Anyhow, so this is from I believe the bank president states. We have this is the strangest part here We have experienced highly unusual interest rate levels for a long time now and there is no prospect of this changing Unusually high in our interest rate change levels great So they're doing the negative and then this is the part that's just just befuddles me It's just I'm confused at the same time. We see a significantly increasing deposit surplus Which in the current interest rate environment results in a considerable expense for the banks. Let me get this straight So the banks themselves are saying there are so many people depositing so much money It's a huge strain on us and we can't really take it So we got to charge you to put money into our banks and I'm thinking myself Well, isn't that the whole point of bank and not only that isn't that the whole point like fraction reserve lending where you know They you give them a hundred and they lend out 98 and some people will say no, no, that's that's not true Do you put in a hundred and they lend out a hundred? So I don't know what it is in all these banks, but I'm like that's the whole point So if there's first there's two things I mean first of all if they're really losing money that much interesting the second thing is if if if they have people just being on their door like I gotta put all this money in here and I have no other alternatives. I just find that very odd that that is happening right now I mean, there is a ton of quantitative easing or money printing we in America just printed trillions and that has been dumped into The market so maybe that that could be a factor. There's so much money so much fiat paper money out there Like I got no place to put it I can only put it on my mattress for so much and then just there's just a thing but again It doesn't make any sense because it's just zeros and one. It's not like it's real Hey, I mean, you're not getting paper money. You're just getting zeros and ones in a ledger So I don't know correct me where I'm wrong. Am I thinking it just doesn't make much sense to me and that I Think is part of that perfect storm. So To finish up this article Just the changes to the rates business customers will change from point point six positive to between negative point seven five and negative one and States we need to ensure that our deposit business is profitable Also in the future in order to run a financially viable bank. So the thing I just keep thinking about is like Our cryptocurrency is really taking up that much effort or is there something else behind the scenes that are causing these banks to really falter? I mean, I think I know part of the reason we've seen a huge amount of physical banks closer doors because they can't It's not a viable option for them. Everybody banks online So with this one like people looking for options and people moving in Maybe these banks are getting blockbusters like we've always talked about not for sure, but it looks That's a great for the banks. Anyhow, let me just think in the comments section and let's move on to our next piece This one I'm gonna go over very quickly We've had rumors and rumors are just that they're just rumors and people just speculate right just like this market everybody's speculating So I want to bring it to everybody's attention. So you don't just you know, blow your whole money on this one and go Oh, well if Ali Baba gets in that it's gonna go to the moon. It's just a rumor and it's unsubstantiated So we had a rumor not too long ago that Walmart definitely bought a bunch of Bitcoin Well, guess what they're a publicly traded company and when they came out their earnings report No Bitcoin and then we had this nice rumor that Facebook bought up a ton of Bitcoin And everybody's excited and guess what financial reports came out public traded company. They didn't buy Bitcoin So here we got Ali Baba a Chinese company Jack Ma the CEO founder and he's like, yeah, we're gonna buy 20 billion Bitcoin. Maybe they did maybe they did I don't know if China's real big in that I mean they could be maybe they want a And an economic foothold into the cryptocurrency game But who knows but This is really it Rumors are coming in following announcement from the company that it's 2021 Q1 earnings report will hit the market on 13th of May So that's your that's your your bellwether 13th of May Sort that in your brain because maybe that could be a big day Ali Baba group holding limited revealed that before the US market reopens on a 13th of May Which is on a Thursday it will announce its first quarter financial reserve results, which will be unaudited and So that's just it so 13th of May maybe 14th of May You we could see fireworks if it really does come out that hey, they did actually invest into Bitcoin So, you know, hey, maybe maybe so but so far the big other rumors were false And so we'll see but I thought this was funny CNBC's ran nooner Nooner also tweeted what could be interesting as him implying that the rumors were true USA and this is his tweet USA Tesla buys 1.5 billion of Bitcoin China Alibaba hold my beer and of course, you know saying hey hold my beer Let me go let me go do what they just did. We'll see if it's true I don't know and Chairman Jack Ma had a brand of the asset of bubble in the past But just remember that Jamie Diamond JP Morgan He said that Bitcoin was a fraud and everything else They just opened it up and said hey one percent of your portfolio should be in cryptocurrencies Oh, and also we're gonna help you out if you're a rich individual to put you into a fund for Bitcoin Because that's how JP Morgan rolls and that's it So let me know what you think of the comment section move on to our next and last piece Voyager Voyager digital so I'm a big fan. I was kind of ticked off when you know Things kind of slid down by the wayside because they had the growing pains But that is what it is I recommended it and I stand by it and people were so angry because of like Rob You'd recommended it and it's just not working out too great. Well, that's true And then I stopped recommending it and I still don't recommend it right now. I talked about that before Let me reiterate because there's always some comments Do I think that Voyager is going to 30 to 75 dollars per Voyager token During this bull run at the end of the bull run? Yes Do I still believe in the team Steve Erlich and the people behind Voyager? Yes Do I still believe it is a viable product and we'll do great things? Yes. Yes. Yes So having said that here's what's going on For April Voyager on board our new users at a record rate with over 130,000 New funded accounts added to the platform pretty amazing because before that they were looking at around 40 and 60,000 And then all of a sudden they had that big massive run at march now They have 130,000 new funds. They doubled and they're going to go even higher The company plans and adding additional coins over the next 60 days. That's great. We like that Steve Erlich CEO and co-founder we continue to scale our infrastructure with a 2021 goal To accommodate 10 million users. So here's the thing So if you're still having problems When all those things were going on the growing pains I know there was a big problem because half of all my emails were complaints about Voyager And that's why I stopped recommending him. I'd get DMs I would get emails and it was just bombarding me and I was like, you know what my customer support I recommended them. They're going through growing pains. I'm sorry. This happens with every single business out there So when you have these things, I was like, okay, here's what I'm going to do. I'm going to reach out to to Voyager I'm going to try to expedite these processes. I've put them on twitter. I I've tagged Steve and invest Voyager I've done my absolute very best and I haven't recommended them for anybody else However, I'm going to stop that very soon when they catch up because I get very few emails and DMs And within the next I want to say two to three weeks. I'll probably go back to recommending them I didn't recommend them right now because I wanted them to catch up I don't want to have them have me push more customers in but right now I think they are and there's always going to be some people who are just Unpleased with it and they're like, you know what? I can't get my money out. I can't do this. I can't do that It's growing pains. What can I tell you? I had to wait a good 20 some days for a transfer myself And there's some that are still on there again Uh, I still believe in the long term of it and that's that's what I got for you So if you don't like it and you don't want to be there Just keep bombarding them and then just get out and close your account and that's all I'll tell you I personally will be there for the long haul. That's it All right. I understand the comment section and then lastly let me finish up with this great piece of news First of all, if you got some cardano, maybe think about staking with uh, the dan news stake pool every epic Which is every five days. We give to kiva. These are micro loans for out the global community to help people really Expand themselves and this is for the unbanked or the underserved and uh, we just gave What was it? This was I just started this on kiva kiva was uh, one of the founders of paypal that they created that And these micro loans go to people throughout the entire globe and you can pick it all out I just started the team the new team today, which is the digital asset news team for for lending the links in the description It's like the second or third one down there right underneath the danteachescrypto.com and I was just doing it individually as Digital asset news now I created a team so we can all get together and if you want to fund people and give to Uh people who are trying to do right in their communities Especially the ones that are very destitute then this is it. So my first one was to This is gilmer and farming and uh, his whole thing his loan helps to buy manure. Hey prune his plants and grow corn and I always donate about Or do the micro loans about a hundred eta? Per epic and that's you know, I just kind of said 125 and I donated a kiva as well And that was the total and this is every five days now the thing about kiva is that they pay you back So as they pay me back I will just keep making more loans and more loans and more loans and over time I think I can I can loan out a ton of money and help out a lot of people Who are trying to support their community and I want you to come with me So, uh, if you'd like to do that, join up, uh, the cradano steak pool With overhead d news the links in the description. It's like the second one underneath dandy just crypto and then just so you know When you when you uh go to the website, there's a video explains exactly how to do it There's transparency. I just want you to know that this pool tool I have two we have two pools d news one and d news two and just so you know when you click on that It's going to take you here. So sometimes I just let everybody know It's all about luck and um for your for your staking pool But it should even out to around five percent right now D news steak pool the return the return on eight a lifetime is 4.79 percent. So And then monthly not so great when you when you click down here and you click on rewards You can see how we did for the last one. We were actually at uh, 6.45 percent For for rates, but then the one before that was 4.47 2.6. We had horrible luck on that one 51 percent 75 and then you know 113 percent. So It's a complex formula. Watch the video and uh, it it should all even out to around between four and six percent We're averaging around five Especially for d news steak pool two the return eight a monthly is 5.26 Returning to lifetime is 5.24 if you click on rewards You can see all the rewards that we've ever done And uh, we've read 5.0 for last month or this month or this last epic 5.88 4.6 4.8 4.3 5.8. So, uh, you can check that out and again Links in the description join us try to save Try to do a lot of great things for everybody. And then lastly, I will just say this I need to make these videos a little bit snappier a little bit quicker Because we're moving into some of my other businesses and one of those is that we do a biannual obstacle course event here in El Paso And uh, it's to help the underprivileged kids here in uh, in e p texas. So What I have to do is I have to go back and then create the obstacle course and get the guys to come out there and Build everything and everything else. So these videos are not going to be doing two or three a day For the next three four months. Uh, that's what i'll be doing And so i'll probably put out one a day and that's it. So just so you know, that's what's going on Anyhow, thanks for stopping by appreciate it. If you like that, give it a thumbs up. Uh, that'd be awesome Consider subscribing and uh, check out the links. See you in the next one. Bye