 Welcome to digital asset news take a top stories and cryptocurrency and digital assets and break them down to bite-sized pieces. So today we've got some pretty exciting news about what's going to happen with Coinbase and the IPO listing. I'm going to tell you exactly when that's going to happen and what could potentially happen with the crypto digital asset space. But I will just tell you this don't hold your breath for a rocket ship. So on top of that we're going to take a look at a new piece of information that Binance is now going to be listing stocks and the first one they will be doing is Tesla. So again it's another example of Binance taking the lead. And then two stories I want to cover real quick and that is that there's been a drastic reduction in the spam count in our comments section. I'm going to tell you exactly what that is. And if you are a YouTuber just contact me so I can tell you as we can wipe out these spammers. And finally there's some good information about what is going to happen as far as the deadline for taxes for America. And this little piece of information just came out and said hey you might owe some taxes right now on April 15th. So we'll take a look at what's going on in those two or four articles. But first take a look at what's going on in the market. So today it is the 12th of April. It is 10 30 a.m. I'll pass with Texas time and we are doing great in our market cap as far as being over $2 trillion. So $2 trillion the hottest assets right now on Twitter are Binance Coin ARR. I don't know what that is. Solana KCS die HTXHV and FTX token. So just so you know this is trade the chain you can find a link in the description below. It's all about sentiment analysis and what is actually happening with the market as far as news stories. So just real quickly blow the substance you I'm talking about. So Bitcoin everything's pretty much up for the day and Binance Coin is a big winner over the last 24 hours up 17% probably because what's going on with that listing with as far as like listing stocks. And yeah they really did a great thing. So that's pretty good. East down a little bit. Bitcoin's up a little bit. XRP's still I mean 81% for the week. Watch out. It's pretty good. Heather nobody cares. Cardano is up a little bit. Polkadot Uniswap wow Uniswap 21% it's pretty good. Usually because that version 3 is coming out or is out. So yeah a lot of great things that are happening. But just look at Binance Coin and when you're sitting at home looking at what to invest in take a look at what is actually has a utility right now. Now what it says is going to do but what it's doing right now Binance Coin is really doing those things. Bitcoin is a store of value. I think we can all agree there. Ethereum you can build a lot of things on Ethereum and of course it's great for the swap not great for the price but hopefully they figure that out and Binance Coin and that's why you got 1, 2, and 3. So that's how I see it. And yeah let's jump into today's top story. But real quick let me do the projected range real quick and see if you're a trader out there look at trade the chain because the next hour this is with 90% assurance. You got a 5 it's going to go at 5%. What is this? Rary governance I don't know what that is. Haven protocol stacks red coin Binance Coin bean trust swap like sushi all these things that I really don't deal with. So if you're a trader check out trade the chain link in the description 14 days try all that good stuff. All right so let's jump into today's top story. So the kind Coinbase IPO everybody's talking about it's going to be great. They think that on that day everything will blow up slow down it doesn't usually work like that. Just because you have an IPO people who are in this IPO or you know who got early access sure they're going to make an old load of money and the people once it gets listed and they can they can buy it yeah I mean it could go IPOs it could go to the moon it could it could just be stagnant probably goes up a little bit but you know it'll fluctuate and that's great for like traditional people who are like in the stock market maybe you yourself will get into it. I don't think I'm going to buy Coinbase stock I just I mean it'll probably do great I just doesn't really do much for me. I think I'll put in this something else that will appreciate a little faster again it could appreciate tons I don't know but remember that this really to me what it means to me is like a stamp of approval like hey here's your here's your exchange and it's all cryptocurrency assets and this will kind of just lead all these people who are like naysayers not just naysayers but people like I don't really know about this stuff just to go you know what there's a publicly traded company besides Voyager which is an exchange Voyager isn't a brokerage that is actually been listed and it has a high valuation and a lot of smart money is getting into it maybe I should look into that maybe it's nudges for drug smugglers and all that stuff that they talked to me about anyhow so just so you know this will happen April 14th in two days two days wow and again the big thing is traditional finance when when they see this happening I think a lot of money is going to start to dump into crypto's digital assets but this is just the IPO once this goes through I think potentially an ETF can actually go go actually happen I'm going to tell you exactly why and some other pitfalls so just so you know Coinbase itself has 56 million verified users that's verified users overall monthly users it's like 6 million and we we covered this in a story about a couple weeks ago and yeah so 6 million monthly users that's pretty great 36 million verified users that's fantastic but they've been around for a long time so I could see that actually happening and they talked about how the value could be anywhere from 50 billion to a hundred billion dollars for Coinbase wow right now I'm trying to make a lot of money by contrast just to give a comparison Intercontinental exchange or ICE which runs a New York stock exchange has a market cap of 65 billion NASDAQ has a market cap of 25 billion and here comes little old Coinbase hey we're at a hundred billion sorry new kid in the block and that's how it goes that kind of valuation is getting the investment community particularly the exchange trade of fund or ETF community very excited so first of all a couple of things and that is that um I think if we take a look at this is just what everything is compared to the world's money and markets and what it all is you scroll down and I'll link this in the in the comment section or in the description so stock markets you got 89 and a half trillion dollars that is just kind of sloshing around there and then money and global real estate at 270 how much is it 280 trillion wealth is a ton and then derivatives you know futures that type of thing like almost a quadrillion or at least 500 trillion so when we talk about these these traditional money players this is where the money's at this is where it all is and this is where we have to extract that money from them doing goofy things not financial advice that they can get into our market and so when we talk about like our cap of two trillion dollars remember one year ago we were at like 200 billion dollars during march of 2020 and now I mean that just sounds ridiculous doesn't it too I mean two trillion you're like yeah that's how it should be so if we take a look at all the money that's sloshing around out there a lot of different factors I think that these types of things are good stories to bring people out I don't care who gets into it I just want people into it so they can actually bring all these funds in there now if they want to keep playing in those markets and do forex trading all that crazy stuff where they get a 0.05% per day have fun that sounds awful to me so again I think it's gonna be great and this is all about really transitioning from the IPO to the ETF market so it talks about other tech ETFs particularly Cathie Wood's ARK FinTech innovation as well as GlobalX FinTech ETF FinX will also be likely buyers and as just the beginning we will see many more ETF firms filing for a crypto type fund so there's two things ETF type I mean ETF type funds or hedge funds sure they can get into it they can put in a basket whatever else but if we take a black like an ETF like a traditional ETF that's going to be hopefully coming through this year I've talked about this in the channel I don't I never really thought it could actually happen but with things that are going on and the institution is really getting into it then you got Gensler who's going to be hopefully confirmed very soon who taught blockchain and cryptocurrency at MIT I think this could be you know it could actually happen which would be fantastic and then to me I'm like who cares about an ETF right because I always make the mistake of everybody's like me like well everybody's go down just go down to Voyager or go down to Gemini or go on a Coinbase and just pick yourself up some Bitcoin you know you don't have to be a credit investor just put 25 bucks in dollar cost average what's the problem I didn't really get it until I talked to a couple friends Alex Maschioli and Ryan Gorman over at Trade the Chain and I listened to also an article or it was I think it was Pompliano's podcast and he had Kevin O'Leary from Shark Tank and he was talking about how like look you don't understand it if I could just have an ETF and then I could roll my you know millions of dollars in there I'm not everything right but you know a couple just a whole tree couple million dollars and I could put that into an ETF that'd be great because he was like it doesn't make any sense for me to go to an exchange where I don't it doesn't really physically exist and then I have to like you know just you know they're going to custody it maybe or I'm going to put it on like that little device like this this is going to be a couple million dollars you out of your mind and we're like yeah that's exactly how it is so for him and the rest of the people like him that doesn't compute they need an old style ETF so where someone else can just do all the work for them they just dump money in and go make me some more money and that's what rich people do here's a bunch of money make me more money and an ETF is what they're used to so let's just give them what they're used to it's just like every other business out there you have a customer this customer wants this thing you give them that thing and they do the thing that you want to do it's so simple I don't see why that's why businesses just don't do that so with this ETF again like the little graph we just took took a look at there's a lot of money sloshing around there and if we can just get an ETF then a lot of more people have like all right I'll get into it now the smarter ones the earlier adapters they're already here but I think there's a lot of people on the sidelines just waiting that's how I see it anyhow so that's the good part right here's a couple a couple things that I think you should know first of all ETF solves a lot of problems we just talked about it's like a stamp of approval all we were talked about too this was interesting the gold the gold ETF changed the world when it came out in 2004 it made it easy to own gold as an asset class and I was like really couldn't you just pick up some gold bullion it's like circle k or something like that apparently not apparently it was very tough and 2004 I'm like well what did that ETF do for gold interesting enough here's a nice little chart of like 30 years it's really 1972 40 years it is wow I'm getting old and then uh you know here you know Nixon took us off this gold standard and kind of went up people could get and then in 2004 right around here I don't know around let's see around here May 12, 2004 some around here right this one that ETF was launched I don't know the exact date but if you take a look at 2004 look at 2005 and six and seven and eight nine 10 11 12 then there's a drop off and then here we are back again so again ETF really did do that you know and I'm sure gold bugs are like what's the problem you can just go down to wherever and get yourself a gold bullion onto the problem it's the same thing with me I'm like what's the problem just go down to you know your local exchange sign up it's online use your phone and put it in there people are used to that give them an ETF that's it so I will say this though those gold bugs I own gold and silver just so you know but when I see stuff like this I'm like wow went up from $1500 in 2012 almost a 2000 2020 what a huge deal right anyhow I'm not going to get rich off gold just a hedge and I hate the people who are always talk about like you got to own gold because you know economic collapse right on the corner and Mad Max Thunderdome and EMPs sure anyhow I own gold but get real so going on several weeks ago and this is this is kind of like the negative part of it right so we want an ETF the IPO is going to do well several weeks ago the SEC acknowledged the receipt of Vanax Bitcoin ETF application which set in motion a 45-day regulatory review period great at the end of the period the SEC must approve deny or punt or like just go out for another 240 days and then what most people believe is that even though it's you've got Fidelity they're trying to get their ETF you got Vanax which were big traditional players in gold and now they're into Bitcoin they're just going to punt it down the road and 240 days then they'll just probably they might deny they might approve hopefully they approve again we got Gensler in there so who knows but the thing is we've been waiting this for a long time and I remember there's been videos about this before and it never happens but I think we're close and here's a couple reasons why a few years ago there was no regulated futures market now there is and the volumes are pretty darn high there was also no regulated custodians with insurance I think that's big because the SEC's job is to make sure that people are protected whatever you want to say to that and now there is custodians with insurance so again I think we're on the right track maybe this actually happens and if it does actually happen I know some people think it's not going to be a big deal I kind of think it will because of what we just talked about with all this trillions of dollars just sloshing around and it could be enormous anyhow let me know what you think in the comment section but lastly I will just say this if you think everything's going to happen on April 14th when the IPO comes about and everyone's like give me bitcoin and give me cardano and give me tron and give me well tomato coin it's not going to happen it's just like marketing you got to see it a lot of times before you actually buy it but this gives us legitimacy and that's why I think that 2021 towards the end of the year we're going to see fireworks let me stay in the comment section let's move on to our next piece ah real quick finance is pretty awesome let's be honest I wish I could have gone in a Binance coin I'm in America can't do it we got Binance US I mean Texas you can't do that either so I mean that maybe it's changed I'm not for sure but I remember when I tried to get Binance US like sorry Texan you're not going nowhere which is why I'm probably moving to Puerto Rico anyhow so this was something that Voyager was talking about doing about you know going crypto to stocks and I thought it was fantastic and then I was going to say this I'm like damn they wrapped they lapped them already so Binance is going to offer up digital tokens that represent fully back shares of equity stock and they're going to do Tesla to start it off and to me like I know there's there's slight differences in you know actually only the stock and then the digital tokens of the stock but if you're trying to make money I don't see the the big thing right so of course people in the comments will tell me what a moron I am and that I this is doesn't really make sense but to me if you're going from crypto and you can own a Tesla stock or you can own an Airbnb stock or a Mara stock or a Riot stock and you don't want to deal with you know what was it Robin Hood and all the shenanigans that they do sure why not let's make some money so I think it's that's pretty good so again if you're looking at what your token does take a look at what it does right now let me just think of the comment section it's going to our last two pieces just so you know not to toot my own horn not really but uh I try to do the things I just say I'm going to do like we used to do scam of the day and now what I try to do is like clean up all the scammers I had my assistant and she would go through and wipe some things out it was just ridiculous because they would just come back and put more in so somebody contacted me a company contacted me and go look we want to help clean this up and this is just ridiculous I go sure let's let's give it a shot and like the first couple uh weeks worked out pretty great it was like 70% reduction I go you guys get a tweak it and make it even better and they did and now we got a 99 90 to 95% reduction in spam comments in our in our comment section because here's the thing YouTube ain't going to do it so it's up to us so I was like well let's do it and we did it works out pretty well if you look at my comment section as as compared to like other comment sections and other YouTube videos you'll see it's pretty clean it's not perfect it can't be perfect it's very hard to do that but uh I think we might be able to get to near perfection as time goes on so this is just my commitment to you because I don't want you to go through all the scams and I want you to be screwed over and on top of that I don't want you to have to like go through all these spammy crappy comments all the time just be like oh call my what's that blah blah blah it's stupid so if I can do that great if you are a YouTuber reach out to me directly at dan digital asset news with an s at gmail.com or for all you guys who already DM me just DM me I've already got you my DMs oh one more thing if I don't if I don't reply to your DM in Twitter I get like 100 DMs a day and the it's very tough so uh the best I can do is get you at some point sorry and then the last thing is so that's the comment section but there's also scammers I don't know how the hell they did this but there's somebody from with the gmail of dan digital asset new without the s uh dan digital asset new at gmail.com and that is not my email my email is dan digital asset news with an s at gmail so I need you to do me a favor if you get something from this piece of trash could you take that email and every email account that I know of there's like a spam folder or you can label it as spam label as a spam because he has he's on the gmail domain if you label it as spam enough a lot enough people do that then he will get his email banned or taken away or reduced or something so please do that so I don't have people going hey you scam me that always sucks and let's not scam people so please that'd be great anyhow let me know what you think of the comment section and again if you're a YouTuber reach out to me I'll give you the information for this new company and I'll give you the introduction all right so that's it for the and then we'll move on to the last piece which is this this scared the hell out of me because I was like I didn't know how to do this and I was just I was actually just researching for a couple of articles because I was going to shill crypto trader and I trust that's right okay it is what it is I don't lie to you so with this one I found this article and this is what it says I was like damn it this is only for Americans just you know the deadline to file a 2020 individual federal turn and paying tax has been extended May 17th so that's what I've been talking about on this channel like I think that usually crypto universe does pretty well in uh right after April 15th because Americans all pay their taxes I know America is in the whole world I get it but we're a kind of a good size chunk in the crypto sphere so like people like me we don't have times or don't have the funds to actually put more in we got to actually take some out and pay our tax just how it is so usually see at the end of April May then things have to really shoot up so I think that this is going to be great especially with the Coinbase IPO and maybe an ETF it's approved who knows then we start to see May June July is going to be just just bananas so that's what's happening but this is what was interesting um most states are following the extended federal deadlines and a few have adopted even more extensions uh tax deadline remains this year the first estimated tax deadline remains April 15th here's what the IRS says individuals including sole proprietors partners and s-corps shareholders generally have to make estimated tax payments if they expect to owe a tax of a thousand bucks or more when the return is filed corporations generally have to make estimated tax payments if they expect to owe tax of 500 bucks or more when their return is filed so just you know reach out to your CPA or to the place you do your tax and go is this true in my state do I have to pay right now and then I can file in May we I always ask for an extension and file in October but I still got to pay so that's just how it is everybody's got to pay so that's what's going on which leads me to my last points first of all if you're struggling with getting everything together for your uh your taxes use crypto trader dot tax okay I've used it for two years now the first year from the time I signed up got logged in put all my information in and sent it to my accountant to review took me 30 minutes this time it took a little bit longer because I had to wait for Voyager CSV file which sucked but I mean hey it was it is what it is and I had to wait but everything else was done and she's a god and everything's good so uh in the link in the description there is in the link in the description in the description there's a link and it's it goes to crypto trader dot tax you get 20% off for viewers of ban on top of there's a video that explains exactly how to use the information or how to put the information in a video I did it's like 15 minutes very simple and then lastly there's also a link to this web page where you can enter to win a $300 unlimited tax report just put your first name and email enter to win they draw one every single week so whichever you want to do you want to try to win one big one sure or you want to get things done just sign up for crypto traders not that much so that's that part lastly if you're sick of paying taxes like me just why I'm probably gonna move uh take a look at a crypto IRA and uh what's great about that is that first of all if you have a traditional IRA uh old employer plan like a 401k 403b or a military tsp if you're about to retire for military tsp just so you know or a 457 you can move it over tax and penalty free to a crypto IRA with eye trust look in the description there's a video I talked about between all the difference like a Roth a sep and a traditional IRA and how this all works and then also just so you know uh these are tax free when you put them in there and you can actually trade inside your IRA tax free when it's in there and then lastly in quarter two which is like right now they're going to be able to allow you to uh stake ethereum and polka dot and then all the rewards are also tax free so that's pretty great so uh what do you want to do link in the description and that is it for today so first of all thanks for sticking with me and it was a bit of a rant a lot of great things going on it's going to be a fantastic year if you like today's video give it a thumbs up it helps tremendously also consider subscribing a lot of things we talk about our time sensitive like we just talked about and that is it for today so thanks so much for watching I do appreciate I'll see you on the next one