 Welcome to digital asset news. Take a top stories and cryptocurrency and digital assets and bring them out of bite-sized pieces today Got some interesting stories about what's going on the market So first up the bitcoins the largest update in four years is about to happen and even on my thumbnail I said it's a clickbait thumbnail and a clickbait title because at first glance this sounds awesome We truly take a look at what's going on may not be that big of a deal But it is important on top of that. We'll take a look at secretary treasury Janet Yellen backtracks her comments where she said that there was definitely gonna meet need to be an increase in interest rates Which calm the whole market down and finally we'll take a look at the New York Giants for football NFL I think a sponsorship deal with grayscale in an NFL first And this is fascinating because this is gonna lead to more NFL players discovering cryptocurrency Realizing what it is and then telling everybody about it, especially other fans and that is what leads to mass adoption So we'll take a look at those two factors or those three stories and but first take a look. It's going the market So today green day everybody's happy everybody's great Like market cap is almost 2.4 trillion dollars. Let's take a look at the coins of what's going on I can tell you big doge coins up for sure and show it is 61 cents 104 percent for seven days 24 hours 15% and I even put on Twitter Yesterday I just said hey I give up Doge coin is going to a buck and that's just how it is because everybody wants to go to a dollar And it makes me realize that it doesn't matter how much technical analysis, you know How much fundamental analysis, you know, it just really doesn't matter for a short-term type of thing now Could doge going become the world's reserve currency? Heck, who knows? I don't know. I never thought I was gonna go to a dollar and here we are But it is interesting that the power of you know An Elon Musk a Mark Cuban and the community can really push it up to this way Let's see what happens in the long run But if you're holding doge tip of the hat to you, good job So Bitcoin is up 57,000 3300 for Ethereum Binance coin everything's up. Everything's great And that's what's going on sentiment analysis for trade the chain. Let me blow this up so you can see it I don't think there's really anything going on. So we're just skyrocketing everything So with 90% assurance if I was a trader, which I'm not simple token. I mean I do trade I'm just not a trader of a ontology ok br we've been air swaps Take a look at those because it looks like they could go up And then I want to just make mention real quick about a video. We did about it just a week ago and it was called it's called Trinity trading and Some people love it some people don't like it because in this channel mostly what I do is the basics I just talk about the news and that's it But every two weeks we do Trinity trading or I get CJ there. He's from Market Rebellion. He does the technicals Alex down there. He does the sentiment analysis He's a part owner of trade the chain and I just something along for the ride fundamental analysis and what we took a look at was waves and We from the technicals and the end the fun and the sentiment and fundamentals We thought it was gonna pop off in like six to 12 hours and just you know skyrocket Well, it already skyrocketed before and we just missed it It actually only went up about 7% and all our trades if you go in the in the comment section You can see all the different Trinity trading we've done all the trades and so far We've been in the positives But people just were like, you know 7% is weak and what are you doing and it's just awful and you can look through all the comments I'm not gonna go through that. It's a it's sometimes. They're just very vile. That's just how it is But yeah, we cares but really if you what happened in the next 24 to 48 hours is that it went from 1988 $19.88 to 2325 which is a pretty good gain and then today It hit a high of $42 So if you would have taken a look at waves and just kind of held on to it for just six more days it would have went from under 20 bucks to over 40 bucks and We don't always get it right, but it just made me realize something which is you know when we make these calls I'm just gonna make a longer time frame because the the technicals are there The sentiment is right from trade the chain and it just was it was a massive gain And then some people say why don't you pick doge? Listen, I can't pick them all we can't pick them all I mean hey, that's a that's a you know a 2x in six days. So what is what it is anyhow? That's what's going on there. Let's take a look at our big story today, which is Bitcoin miners start signaling for taproot and it's one of the biggest upgrades in 40 years So when I saw this I'm like, oh, this is gonna be good. It's gonna be fantastic I can't wait and I read them like yeah, all right. I mean for some Bitcoin Enthusiasts this could be fantastic news and just great when I think about them like Doesn't don't other tokens do this? So I mean correct me or not where I'm wrong maxis and just go into what's going on So taproot, this is what the upgrades gonna is been named can help Bitcoin scale Which is a good, you know, hey great and Bitcoin transactions can become more private So that's great. But again, don't we have privacy coins for that? I mean if you want to make Bitcoin do it sure if you want to, you know Make it scalable great But I don't think it's I personally don't think that Bitcoin is gonna go back and just be straight up Currencies all and people are gonna like buy these, you know little things. I mean, maybe it could I mean, I just don't see it gonna happen right now. So I guess it's great in the long run But in all honesty, I'm like don't we have other coins for that? Anyhow taproot is a soft fork that improves the blockchain script for privacy-centric and complex transactions And under upgrading the network Participants must come to consensus. So of course, this is all decentralized So in a centralized world, we just get together and go you want to do this. You want to do this? Oh, yes, let's vote and majority has it but in the centralized world It doesn't work like that. So more than a dozen blocks have been mined with blocks signaling the activation of taproot Okay, there's three distinct pools f2 pool foundry and slush pool have all started signaling That's what they want to do f2 pool is currently the largest mining pool by hash rate on the BTC network So when the largest pool says, yeah, we're gonna go for that and then all the other pools are like, sure And after a while you hit consensus and now we're gonna have an upgrade and it's gonna, you know help with you know Upgrading the the transactions and also gonna lead to more privacy. I'd like to see how that works out. So I Guess it could be a little bit bigger But you know in in my world miss like, you know, I think I think everything has its role and If Bitcoin wants to do this great, but again, I think it's a store of value, especially as time goes on Let me know where I'm wrong in the comment section. I'm sure you will let's move on to our next piece And again, that's why I put a clickbait title because it's kind of clickbaiting. All right. So this is interesting Janet Yellen if you don't know her She is the Treasury Secretary and she came out yesterday and she said that She said we need to raise rates which is in direct opposition to what the Fed chairman Jerome Powell said Which is we're gonna keep the rates the same and everybody's like cool. There's we're not gonna increase the rates We're gonna have them at very low. So we're gonna, you know, not have as much inflation. Everything's good. Janet Yellen's like No, we need to do it I don't know what this guy's talking about But then she backtracks and she says this is what she says. She goes, it's not something I'm predicting or recommending yelling clarified If anyone appreciates the independence of the Federal Reserve, I think that person is me and that's the whole story The rest of it was just boring. So the whole thing about this to me personally is I look at this I'm like, how fragile are the markets where you got, you know, the Treasury Secretary going, you know what? Maybe we should raise some rates and then it just like crashes. This is the thing I don't think people are that stupid where they're like, you know what? This is gonna totally crash everything We need to get out and everything. I think it it it makes some people a little bit jumpy and they start to sell and then The whales look at and go, hmm, this might be a big thing And then they start selling like crazy and then it goes from 56,000 57 down to I think I went to 52,000 yesterday Check me where I'm wrong. And they're like, thanks suckers And they just buy back because they're like, oh, that was a great story and we just piggybacked off that one now I could be wrong, but in my opinion This is why I think that bull runs and bear runs will never go out of style because people are greedy and people like to manipulate and That's just how it is. And I think that this will play out again Anyhow, let me know what you think about that in the comment section and let's move on to our last piece But before we do just so you know and links in the description if you like crypto art to actually put on your wall There's a link to get 15% off and it's all this cool stuff. So just seen I love that one Dogecoin and Bitcoin everything else. So it's all an acrylic. Check it out. That's all I got and lastly New York Giants link our ink a sponsorship deal with grayscale and NFL first I thought this was interesting because I I used to do a lot of marketing well, especially for my businesses and other businesses and I know that to get people to get it in their head that they that they really should have crypto currencies assets You got to tell them like seven to ten times and tell me if I'm wrong here But if you've been talking to your family friends and loved ones and you've been talking about crypto How many times do you have to tell them before they're like, oh, yeah, maybe we should do that I'm telling you right now I think it's some people need like 20 30 times because they're just hard-headed and some people just need a Couple times, but I think this is great because it disseminates the information It gets into these high-powered players which a lot of people because of social media is falling anyhow Then when they see these guys and they're talking about how they got into Bitcoin or they got into Dogecoin Or they got into Cardano or they got into it there. Whatever it is. I whatever your great coin is They're probably gonna get into it and now you've got spokesman Deep into all the social media platforms and this is just the first one and when people start to see that Especially like like Okung He got his half of his salary I think it was like around eight nine million when Bitcoin was around nine thousand dollars and then it went to 55,000 So you're gonna see more stories like that people are gonna be like, what is this stuff? I need to have this. This is why it's a it's a big story for me anyhow This is the thing the New York Giants has locked down the National Football League's first corporate crypto partnership with grayscale investments Grayscale is now the official digital currency asset management partner of the New York Giants at team said Wednesday. So guess what they're gonna push All their different types of funds So if you want to see what to invest in next Hop on over to grayscale and take a look at what their trusts are because I know they just added mana They just they have Cardano. I think they still have the XRP. They have Ethereum. They have Bitcoin a bunch of different ones They're going to push that hard because that's what they have and then That's what people will that's what these players will get and that's what they will push out to all their people on Instagram and Twitter and tiktok and all their different social media platforms. So That's just financial opinion. I'm just telling you Anyhow, what they're gonna do is they're gonna provide educational seminars on Cryptocurrencies for Giants personnel each year. It's the same thing in the medical industry when you have third-year doctors Or yeah, it doesn't really matter. They're in med school They have drug companies come in and drug companies give them educational seminars on all the medications that they're they have and guess What gets prescribed a lot a ton of those medications? It's the same thing that's going on here Very smart play well done tip of that and then last two pieces is I didn't really realize this But other crypto ventures have gotten into the sports arena FTX Land of the naming rights the Miami Heads basketball arena for 135 million and crypto comm also signed a sponsorship deal with hockey's Montreal Canadians in March. So again, I just thought it was a great story as far as mass adoption So that is it for today. So look I need to make these a little bit shorter videos just to compress things a lot of things are going on trying to Go out and I have to build an obstacle course for this charity event we're running at our sports complex for under underserved kids here in El Paso So These will be shorter as time goes on and maybe 10 minutes and I just got to do them and get out of here So anyhow, if you like that video Give it a thumbs up like that really helps a ton also consider subscribing A lot of things we talk about are very time sensitive and that is it So thanks for watching. I appreciate it and I'll see you in the next one