 Welcome to Digital Asset News to get top stories in crypto and break them out of bite-sized pieces. Today, just like the thumbnail on the title suggests, there's a lot of things going on as far as inflation and Bitcoin and these are the things that we must do to kind of reverse these trends and get people or people investing in crypto on the right track. So we're going to take a look at article where it talks about Fed to the Rescue, drone Powell and his infinite powers, with the things that we must do to kind of correct these things. We're going to take a look at the data as far as on-chain analysis. I'm also going to take a look at Avalanche and Coinbase and finally, Little World Mobile and Card Wallet Info. So we're getting all that stuff, the first thing that looks good on the market. So today, it's just one of those days. It's Wednesday, we're looking a little flat, I must be honest, and the market is a little down. 1.83 trillion. Everything's down across the board. There's a couple of winners here, but really this is the story. The story is that we're down, the Bitcoin price is 41,000. I'm pretty sure it's below three. Cardano is almost at two. And after all that, all these problems, look at the Bitcoin daily sentiment. 66 out of 100, people are still bullish because they still believe quarter four is going to be great. And I'm hoping for that. I think we can see some fireworks, but there's got to be some things that have to change. And we're going to get into that right now. And what's going on? This is a story about Fed to the Rescue. And just like if you've been following this whole story about Jerome Powell coming out and talking about inflation, just how high it is, but he wasn't too worried about it. He comes out again and says, you know what? It's a little bit more than I expected. So here's what is going on. I'm just going to give you the highlights of what has been said. So Jerome Powell is going to give a speech on Thursday and it's been put out and it reflects a similar message as he explains the Senate Banking Committee in its pre-published statements that the rise in inflation may persist for a bit longer. He states, inflation is elevated and will likely remain so in coming months before moderating, meaning this inflation, they didn't think it's going to go this high, but it is. They thought two to three percent, no big deal. I've heard numbers as high as five to six percent. And I think it may even go higher. And we can see that in the grocery stores. We can see on the products that we buy and everything else, things are just going up. It's the same dollars that we have, but the purchasing power has decreased. And what I think really has to go on here is to happen, is that if you're not in crypto and if you're not in the finance sector, you don't kind of get it. You're just like dollars to dollars. Who cares? And I think there's some things that we have to do to actually get people on the right track and maybe steer them into cryptocurrency. Now, I can't tell you what to do because I'm not a financial advisor and this is investment opinion out of investment advice. But to me, I think it comes out of this, people have to know about the purchasing power of the dollar. And if you can take a look at this little diagram here, I was like to pull this up, is that you've got the purchasing power as it's been degraded over the decades. And the reason why it degrades is because there's so much, so many dollars being pumped in the market because of the printing press, right? And then underneath here on the right hand side, it says, look, as of February 10th, 2021, there was $2.05 trillion worth of Federal Reserve notes in circulation. And that is way more than we had in the 90s and really 2000s. And of course, it's only going to get worse as we see another bill for $3.5 trillion. I don't know if that's going to get passed, but that's what it is. So people have to realize that it's not the dollar that is the problem. It is the purchasing power of the dollar and is the amount of the actually printing that is the issue. And that, I think, is the big thing. And to help you out, if you've got friends, family, and loved ones, just don't get it. That's okay. I didn't get it either. Just show them this. I'm going to link this in the description where you can find these pictures everywhere. But I'm going to tweet this out. So just follow me on Twitter and you can find it. Super simple. And it says, look, inflation. And $20 bucks in 1928, you could buy the supermarket almost. And that's when a dollar really was first come out. 2011, Bitcoin. Guess what? You got one Bitcoin. Couldn't buy you much. Maybe some beans and rice. 1996, 20 bucks could buy you about half of what you had, or maybe even a third because of the purchasing power. But guess what? In two years, it double or tripled what you could buy with Bitcoin. I think it was even more than that from that amount of time. And then 2017, again, the same 20 bucks will get you beans and rice. In 2017, one Bitcoin would buy you, essentially, a very cheap car around 20 grand. And that is how the dollars actually work. So if we can show these things to people, I think it would really help them to understand that, hey, the dollars that I have in my bank account are just eroding and degrading over time. I should probably get into assets. Again, financial opinion, not financial advice. And then also, you can show them this. If they're just kind of confused by Bitcoin or cryptocurrency, just show them this. Again, I'll tweet this out. If you put 100 bucks into Bitcoin, this was over the last decade. This was initial value as of January 2, 2009. If you put 100 bucks in the Bitcoin, 20, 2009, you'd had 9 million bucks. It's pretty good. However, in 2009, if you would have invested into Balibaba, not too bad, but you would have got 200 bucks, you would have doubled your money. It's pretty good. How about Walmart? $270. How about Johnson & Johnson 316? Brookshire Hathaway, great company. You have tripled your money, which is not too bad. Microsoft 1000, Visa 1.7, Apple 2.4, and Amazon 3.3. Some of the big top earners in the S&P 500, that's all you would get with your 100 bucks, as opposed to a Bitcoin. So I'm not saying you can make those same gains at Bitcoin, but it kind of shows you the best performing asset has been Bitcoin over the last decade, 12 years. So just show them that. I think that's something that we must do to really educate our peers. And yeah, to continue on with this story, there's just one more thing I want to make mention, which was Powell's pre-publisher marks from the upcoming Senate Bank Committee testimony. Note that the central bank will always step in until the U.S. economy is recovered. So the printing press is good for Bitcoin because it will degrade the purchasing power of the dollar. The Fed stepping in and bailing everybody out essentially is also good for Bitcoin, because guess what? Unfortunately, I hate to tell this to you, we're pretty correlated. We're pretty correlated with the stock market. We don't, we really don't like when the institution players come in and they sell off their holdings. But guess what? We love when they buy. And here's the thing. This is a correlation matrix. And if you are positively correlated, it means you're going to do the same thing. Zero is no correlation and negative, you're going to do the exact opposite. So for the U.S. dollar index, like we talked about, it's about negative 0.84, negative 0.89 for a theory. I mean, it does the exact opposite. Too much inflation, actually good for Bitcoin, deflationary. Great. NASDAQ, SV500, Dow Jones, Daxone and so forth, they are positively correlated. So if the stock market goes down and equities go down, guess what's going to happen with our crypto market? I hate to tell you, it's going to go down. We'd like it to be opposite. We'd like it to be uncorrelated, but it just isn't. And that's pretty much just how it is. And that's the long and the short of it. So look, as far as this, this is what I think we must do. I think we should educate everybody and especially get the information out there so they can make the best decisions for themselves and their family. Let me know what you think about that in the comment section. Let's move on to our next piece we talk about just real quick, some on-chain data. This is what I see. I've been talking about this the last couple of days or so. As far as if we can take a look at the crypto market, we know that Bitcoin is pretty much the big leader of what's going on. Unique addresses. Unique addresses follow price change or positively price correlation. Let me take a look at this one. This was in November, December 2, 2017. It was the all-time high as far as unique Bitcoin wallet addresses. You know what happened in two, three weeks? All-time high. We had another pivoting point here. This was in June 25, 2019, another big event. Then over here, it's kind of, I've got to blow this up so you can actually see it, sorry. If we're over here, this little spike right here, we are at December 22, 2020. What happened two, three months later? Huge price spike. Again, we went down and here we are coming back up again. That I think is positive. Also, if we take a look at the money being spent into Bitcoin nodes, this is the lightning nodes. Look at what we got here. Lighting nodes, which are not, nothing to sneeze at, just been going up and to the right for the longest time. Then as of today, we've got the most of all time. Thankfully, probably because of El Salvador, they need a lot of nodes for the Lightning Network. Everything else is going on for their second-layer solution. Also, if we take a look at this, who's in the money? Who's out of the money? Well, guess what? At this price of $41,000, about three-quarters of the people are still in money because they're probably like me. You're probably like me. You probably bought Bitcoin a while ago. Just holding on to it. About 4%, 3% are kind of like in the middle or at money. They're not losing, not gaining, and about 20% are out. If you're out of money because of Bitcoin, you just got in the game, don't worry. This is what somebody told me in 2017. If you don't like the price, just hang around. It'll change. That is one of the best advice I ever got. Also, if we take a look at minor flows, we see that miners aren't really selling too much. Also, the exchange reserves, we can see that the reserves of cryptocurrency or Bitcoin on exchanges is going down. When that happens, when the reserves of cryptocurrency goes down, it means people are taking you off exchanges, putting in a cold storage. What happens if you have the same demand but you don't have the same supply? Usually price goes up. It's only a time. Sweet Mary and Joseph, even Mike Novogratz is saying that there's going to be a Bitcoin rally or a crypto rally in 2021. He goes on to state this. In investing, the great asset class as it gets closer to the year end, the asset class that's done the best usually has a great finish. I don't know if that's a traditional market saying. I've never heard that in my life, but maybe someone can correct me in the comment section. Next to last, one thing I like to look at is liquidations. Who's going long and who's going short? If we can take a look at this, these are, as far as all the exchanges, you've got a lot of people, more people, going long than short. The only ones that aren't are the ones on Bybit and 72% of them are going short. Good luck to you guys and we'll see what happens. I see this as a positive correlation. And then lastly, I think everybody knows this, but if you don't, what's great about Bitcoin is that it's pretty well dispersed. Evenly enough, if you look over here in the bottom right where it says percent of coins, 3%, only 3% have between 100,000 and a million. That's probably exchanges. And then 10,000 to 100,000, you got 10%, 10,000, 28, 100 to 1,000 is 20.93%. 10 to 100 is 22%, which is a pretty big amount. That's a lot of us. And then one to 10 is 9%. That's evenly distributed as opposed to like, if you take like a, this is Dogecoin Rich List. Let me see if I can bring this up. Dogecoin Rich List, you can see on the right, bottom right, 10 billion, 1 billion to 10 billion. You're looking at 27%, 20% and 15%. So like the vast majority is in like 100 different wallets. Good luck if those guys want to dump on you. So again, I think this is great for the market. Bitcoin goes up, everything goes up. I think also even go up, but only time will tell. Let me know what you think about that in the comment section. A lot of information, but we'll finish up, finish up strong. We'll Avalanche and Coinbase News. And just so you know, Avalanche is going to be listed on Coinbase Pro on Thursday. Usually what happens, if liquidity is good, they will list Avalanche on Coinbase Regular and the price will go up. I don't know how much is going to go up, but I like Avalanche. And personally, if you see this thing right below you, it says stake your Avalanche with DNews. Up above me is this thing that spins on my head, Dan teaches crypto. I made this website, it's 100% free, 100%. Why do I make it free? Because not everybody can afford five bucks a month, 10 bucks a month, 20 bucks a month, especially globally. I mean, if you're in parts of Africa or India or Indonesia, you can't afford that. So I just made it 100% free. Go there. I show you how to stake it. I show you a lot of things about cryptocurrency, things that I've learned in the last four years and you can find that over at DanTeachersCrypto.com. So yeah, Avalanche, congratulations. I think you're going to see some price appreciation. And lastly, World Mobile and Card Wallet. And this was sent out by World Mobile. World Mobile is one of my favorites cryptocurrencies. Do well and do good. Yeah, I'm both in that same area. This is me and Mickey, the CEO of World Mobile talking about how they're going to build the infrastructure in parts of Tanzania, different parts of Africa, because they're going to bring the telecommunications to that part and it's all going to be run on the Cardano blockchain. Great, great project, I believe. And Card Wallet is, it's a cross chain DAP and you can store a card on native tokens alongside Bitcoin and Ethereum enabling DeFi and encouraging innovation. So you can check that out. I'll link their website. It's cross chain non-custodial. You can, you own your private keys, non-custodial architecture, exchange hundreds of assets across various blockchains with fixed rates. That's pretty darn sweet. Storing them by and then here's the people. Tiago did Dash and Cardano part of AlcomFi, Human Protocol. Let's see, Victoria was CEO of Cointelegraph and then Sergey Yakovlev did a bunch of stuff with crypto. So good. So that's a pretty good project, I would say. I can't say. I haven't done a deep dive. At some point I will. This looks interesting. I got to go from that. And before anybody asks me, no, this was not a sponsored post, but I'm going to be talking to Card Wallet. Maybe I'll be doing a little bit deeper stuff with as far as a deep dive, but no. If I have to, if I receive any type of monetary compensation, there's a little bar that'll come up. They'll say this was a sponsored post and it wasn't. Sonya, that's it for today. Look, I know. I know it's a lot of information. I went pretty fast, but there's so many things going on. It's an exciting time. If you liked that video, go ahead and give a thumbs up and also consider subscribing. All things we talk about are time sensitive and that's it for today. So thanks so much. I appreciate it. I'll see you on the next one.