 Welcome to Jalassette News, take a top story as in crypto currency Jalassettes, now break them down into bite-sized pieces. Today it's all about Coinbase and the XRP Spark AirDrop and what's going on behind it. We're going to take a look at why XRP holders are going to receive more Spark AirDrop, all the different exchanges and wallets that are supporting this, as well as messages from Celsius and from the CEO of Voyager himself. On top of that, I want to take a look at what's going on with Coinbase and why I believe they are actually crumbling in the background, everything from outages to discrimination and finally the big one, market competition. That's why I believe Coinbase is falling way behind and they are just playing catch-up. Also Christmas is coming up and we've got people around you who like coffee and are trying to be smart. Why don't you try smart coffee? It is the world's first new tropic instant coffee, links in the description and I'll talk about all this at the end of today's video. And we'll go over all that first, take a look at what's going on in the market very quickly. It is November 29th, it is high noon and what do we have today? Well, it is Sunday. So I always expect big drops, but no, I guess the big drop already happened earlier in the week. So we got Bitcoin up by 2% and it broke through the $18,000 resistance range. So we are right now sitting just above 18. Now, this could change by the time we put this video out, but that is positive news because there was a lot of different proponents and pundits out there talking about how Bitcoin would drop to potentially 14, 12, and I've earned even $10,000. So for all the people who had strong hands, they go, you know what? I don't care. I'm picking it up. Congratulations to you. You are the winner today. So $18,000 for Bitcoin, not too bad. Ethereum, $550 at $1.8. Hey, I like those numbers. XRP is down a little bit. That's kind of odd, seven days for 30%. XRP, and this is what we're all talking about today, about XRP and the SMARC air drop. So you would think that there would be more people buying into XRP to get the air drop, but apparently that's not the case. But 30% for the day, for the seven-day, but down 4.5%. But it is Sunday. So what are you going to do? Tether keeps printing at their treasury. I'd like to see an audit on that or whatever. It looks like it's at $19 billion. Bitcoin cash firmly in the fifth spot. Well, not firmly, I can't say that because the market cap is $5.18 billion. Chainlink is right at its heels at $5.178 billion. So that'll be flipping around throughout the whole week. Then we've got Litecoin Cardano up 22% for the seven-day, down a little bit. But I'm looking at Cardano. I'm really going to be delving into that project a lot more coming up. And I'll tell you all about it. Something going down. Polkadot 3.7 up, 1.5. Anything fantastic? No, not really. Let's take a look at what this looks like. Not any USD, but how about in Bitcoin? So of course, we're looking at Bitcoin. It's all zeros across the border for Bitcoin. But how does that in relation as far as Ethereum? Well, Ethereum down a half to the top crypto, 3.9 per seven-day, XRP, roughly about the same thing. I mean, it really isn't. I like to take a look at this because I like a different view as opposed to the dollar because it kind of just gives me like a better judgment of what is happening with the overall crypto market. Down 2.8 per chainlink, 12%. Litecoin up 26. So roughly the same. Not too much really action going on here. 7.8 for NEM 1.8. All right. So what you're looking at here is in relation to how these altcoins are doing as compared to Bitcoin. Not in dollars, but just as it compares to the king, the king crypto. And I know people say, yeah, it's old, but I mean, this is what it is. So this is how you're doing. If you would have gone against, not put your money to Bitcoin, I mean like Litecoin, you'd be up. What else? Polkadot a little bit. And really that's it. Waves, Zillica, Ampleforth, Nexo, 12 planet. So you can see that when people talk about Bitcoin as being the main one, well, there's a reason. So I don't understand the comment section, but let's go to these top stories. This is big for a lot of reasons. And when we talk about this, it's all about Coinbase just kind of just going, you know what, we're going to do what Coinbase wants to do. Not what you guys want to do, what we want to do. And I think that is one of the big downfalls of companies is that they don't really listen to their customers. The companies that do that really, you know, pay attention to like what their customers want. Take a look at Amazon. Anything that the customer wants, essentially they get. I mean, that's just how it is. But we take a look at businesses that don't listen and pay attention. There's the ones that just falter and fall. So here's what's going on. Coinbase is reluctant to support the Flares Spark airdrop despite holding a massive amount of XRP. So what's happening here? Coinbase, winning Sanji U.S. can't catch a break. That's the truth. It riled up the XRP army after refusing to participate in the upcoming airdrop of Flares Networks Spark token. So they didn't come out and just say, Hey, we're not going to do it. Tough luck. Really what it is is Flares going, Hey, we've reached out. They haven't reached out to us. It's coming up on December. So they're not going to do it. It's just too late. And this is actually coming from the actual tweet from Flares Network. And they state Coinbase is barely engaged with Flares. They hold about 3 billion of your XRP. Yeah, 3 billion. Did I say 3 billion? 3 billion, excuse me. It's likely too late for them to do the work to support the Spark distribution at this point. And Santiago says, Hey, because they've got that all locked up, they're not going to do anything. Are you going to redistribute those unused Spark tokens to the remainder in the same way as exclusion? Meaning, since that is all locked up, which Spark should go to those holders and it's supposed to be one to one for all XRP holders, what are you going to do? And he asked, Can you just give us the rest? Because those people aren't, you know, really including themselves in the community. Because if they did, they would know about this. And Flares said, You know what, we're not going to consider it. It's going to, it's going to be what actually happened. So what they're saying is that, yes, they're going to redistribute the 3 billion Spark tokens that were supposed to go to the people who hold XRP in Coinbase and going to redistribute to everybody who has it in the correct wallets. What are the correct wallets and exchanges? Well, let me show you. This is from Stettis. If you don't know Stettis, he's like huge in the XRP community. And he has a lot of these great little graphics. So here's the 20 exchanges that we know about so far. You got Uphold Bit, I would say Bitthumb, but tell me something about Bitthumb, whatever, BitTrue, ZB, Binance, Total, Bitstamp, Index, Crypto.com, Bitso, Tokens, Coinfield, BitPayUp, BitGoPacks, ProBit, CoinSpot, KuCoin, Vkex, Wazeerax, I think that's the one from India, BitCub, and Corbit. Here's the 10 wallets, Zoom, Ledger, Guardia, Kobo, Exodus, and then for support, Metamask, Gatehub, SafePal, and Descent. So those are the ones that he has on there. I think this is old. I'm going to tell you why. Because this was a video that was just put out by Celcius, and this is the Celcius Chief Technical Officer. His name is Nuke. I think his name is Nuke. Man, what a great name, Nuke. So Nuke coming here and says, hey, yeah, we will definitely be supporting this airdrop. And he just lays it out. It's like two minutes. I'll link in the description. You can watch it yourself. But he just says, you don't have to do anything. There's nothing to do. Just make sure you don't screw up and move your XRP around. Just leave it in there and everything will be okay. He also addresses about the redistribution by Spark. He says, if you're going to get more than one, we're going to handle that. So don't worry about it. Just leave it in there. Don't do anything. And that's it. He says it's going to happen on December 12th. I think I believe it's the date. Correct me if I'm wrong in the comment section, but I'm pretty sure. And he gives a great advice. He says, don't transfer on December 12th because it happens at 12.01 a.m. Do it a day or two days before. I mean, really, honestly, you should have all your XRP where you want it to be right now. And that's all you got to do. So just do it like that. And then I also heard rumblings that Voyager was going to do it, but I couldn't get any confirmation. And our last interview with the CEO, Steve Erlich, who's an October 19th, he said, Hey, man, we're really trying hard, really, you know, getting things done. And I was like, All right, I like Steve, I believe Steve. And he actually said that they're working on allowing more cryptocurrency tokens and coins to be taken off the platform. And they actually did come true with that because they just allowed Cardano to be taken off the network, which is huge. I really appreciate that. So he said he's working on it. And then I didn't see anything on the website. It's a pretty inclusive search. And I couldn't find anything. So I just reached out to him on Twitter. I sent him a direct message to go, Hey, man, I know you're just you're waiting for your jets to get pummeled by the it says spam. I try to say spanked, spanked for the bangles today, but I'm doing a video on all things XRP Spark AirDrop. I saw some of you guys are going to support it. Was that already announced because I can't find anything? He said, Yeah, we said on Twitter, but it's not in a formal release. But yes, we are go giants. I said, Yeah, well, good luck with that. So you heard right here. This is Steve Rolik. He's a CEO of Voyager. He's saying, Yes, we're going to support it. So just leave your XRP in that wallet, just like you would with Celsius, because they're going to support it. And then it's going to be the same type of thing. If you get more than one, that's fine. They'll give you more than one. So that's the big thing. And this is a lot easier. I thought it was going to be, but on the flip side, let's talk about who's not going to support it. Coinbase isn't going to support it. Also, Kraken just came out and said, look, we don't have any plan to support this airdrop of fork. You could consider withdrawing your coins, the wallet you control Kraken is not obligated to credit airdrops that occurred in the past or that will occur in the future. They're just like, we don't care. Take your stuff off here. We don't want your junk. That's pretty much what it says to me. I mean, I could be wrong. And let me know in the comment section, everybody's got their own opinion about it. But to me, if a lot of people, you have the third largest cryptocurrency, I mean, out there, so why wouldn't you support an airdrop that does it? I know it's a lot of work, but guess what? You're not the only game in town. So just saying. So Kraken's Kraken. I mean, they've got their own things going on with their special depository unit, trying to get a banking license or whatever else. So sure, whatever. I'm not going to give them a pass on that, but I'm just saying it is kind of odd. But this comes, that's my next point, which is taking a look at Coinbase and what the hell is going on over there? Because, I mean, first of all, they didn't even engage in anybody. They didn't even put anything out there. It's like, mom's the word and you guys figure it out. So sorry, we know you want it, but tough, titty. So this is one of my first things. And I want to talk about how I think Coinbase is crumbling from internally. And I think, I don't know, they're going to be around. I mean, look, they're not going anywhere for a long time. And I'm going to tell you why, but they are crumbling, I think. And I think they're doing the wrong things. And I think it's going to lead to a lot of negative returns. So the first thing is, of course, this XRP support. I mean, if you analyze people, you should be supporting it. The second thing, and we've talked about this numerous times on this channel. And that is the Coinbase shutdowns. Now, I started, I have two playlists. One is the essentials, which is all the basic things everybody needs to know, like bull runs, avoiding scams and spams and how to do dollar cost averaging, all those things. I mean, the basic, basic, it's super important. And then the only other playlist that I have is the Coinbase shutdowns, because I want to keep track of it. And actually, it's kind of, after November 15th, I just, there's eight, there's eight in there. And there was a one that just came up just a couple of days ago, which same type of thing, Coinbase was down yet again. And there's all these different outages. And Alex Maschioli, he was on the show, he said, it's, it's inexcusable that you have this large of an entity with so many people's crypto and dollars that you go down at the most inopportune times when there's a huge fluctuation of people trying to trade. That is really unacceptable. And it amazes me right now that people still go into Coinbase. And they were actually the catalyst for why I created the exchange and wallet fees, because their fees are like astronomically crazy. And I just talked about all the ones that I use. And I talked about Celsius and Voyager and Gemini uphold the Uniswap. I mean, everything else that you could use. I think when people come in, they don't realize it because they're just like, Oh, well, I hear about Coinbase, my friend talked about Coinbase. It's why I created this. And it's why I created Dan teachers crypto, so I could teach everybody about the basics and the fundamentals. And I just added a new video in about all the people that are into PayPal and they're buying Bitcoin. Why, of course, you can do that. That's fine. Everybody's different. But why crypto, current digital assets, really, the whole power is in decentralization and PayPal is a centralized entity and what that means for you now and in the future. So that's just one of the basic and simple videos that I put on this website. So again, a multi billion dollar company shouldn't have this many outages. I mean, YouTube is a huge company, billion dollar company as well. And when they go down, people are like, what the heck? I mean, just happened like two weeks ago, but it's rare. I mean, when's the last time besides two weeks ago that YouTube went down? It's like, it doesn't happen. So Coinbase should be the same way. So there's that the XRP. Also, I had heard rumblings on this is from the New York Times and it talks about discrimination about how Coinbase treated some of their employees. I'm not going to get into that. But I mean, where there's smoke, there's fire. And lastly, I want to talk about competition. When I got in 2017, it was Coinbase and Binance. And, you know, there were some other small ones, but that was pretty much it. I mean, fast forward three years later, I mean, look at everything that you've got. I mean, that are actually, you know, really well known like Kraken Kraken was around. It wasn't as big as what it is right now. And then, you know, Gemini, that was also pretty small, but you know, it came up. Binance, of course, was Binance, Uphold, Abra, and then other things like SimpleSwap and Uniswap, CashApp, and now PayPal. I mean, that's a lot of competition to really digest. And the reason why Coinbase is doing so well now is because they are America-based and a lot of people in America, I mean, everybody in America, can use Coinbase. I think even New York residents can use Coinbase. And it's like the only game in town. And that's why I think that Brian is so leery about regulation and everything being opened up. Because once everything gets opened up, once somebody like me, who is in Texas and I have a, you know, a limited amount, can use other places like, let's just call a spade a spade, Binance Global. If I could use Binance Global, I'd be buying a lot more things over there. Well, I don't use Coinbase anyhow, but I would definitely use it a lot more. And then just looking at like these decentralized exchanges, Uniswap, SimpleSwap, and then the ones that are coming out like CellSwap. I mean, haven't you, isn't amazing how much you've seen Coinbase change? In 2017, it was like four coins. Excuse me, it was three coins. It was Bitcoin, Ethereum, Litecoin, and that was it. And then when Bitcoin Cash came around, which was a very interesting thing I might remind you, if you went around, it was amazing how 24 hours before Bitcoin Cash was about the list on Coinbase, the actual price skyrocketed because somebody told somebody, and I'm not going to say it's manipulation, but it was manipulation. I'll just call it what it is. And that went crazy. And then all of a sudden, like every different coin, they were such the kingmakers back then. Every single coin that came out became like this huge enormous thing. Now, I don't think it's going to be like that again. I think Coinbase has its part. But I think the next big kingmaker is PayPal. The next coin that PayPal lists will go to the moon. So again, competition, I think it's big. And all these factors together are really going to drive down Coinbase and their market share. It's like eBay. I mean, eBay used to be, remember eBay? How big eBay was? Well, what happened? Well, they got beat by a better model, dropshipping in Amazon. So, and here we are. But I will just say this, just take a look at the volume per exchange. If you take a look at the rankings, this is just two years ago. This is data.Bitcoin, data.Bitcoinity.org. And this is just for Bitcoin. To find all the different other rankings is kind of tough out there. I'll be honest with you. But this is what we have as far as Bitcoin. So, let's take a look at this. So, this is two years ago, just so you know, Brown is Coinbase. So, they had 17.5%. Pretty good. Biffen X was at 38% and Kraken 12. So, pretty awesome, right? You take a look at six months. Not really a big change. 28% in a little fluctuation. 30 days. 23%. 7 days. 30%. 26%. Somewhere around there. 26 or 30%. 3 days. 27%. 25%. Pretty consistent. So, when I talk about all these things, if you were like, well, I thought you said it was crumbling. I still believe it is crumbling. I just think that as time goes on, you take all these factors, not listening to your customers, internal conflicts, constant outages, constant outages, and finally massive competition on top of the fact that when they really get legislation and it opens it up to everybody, they're not going to go away. But it'll be quite a chunk of loss as far as market share. That's my take. All right, that's it. Let me know what you think in the comments section. That is it for the XRP AirDrop Spark. Hopefully it all goes well. Looks to be pretty good. I will be keeping most of mine on Celsius and Voyager. Well, actually, no, I have my Nano as well. So, that's about it. And now let me tell you about some smart coffee. So, this is smart coffee. I thought it's a pretty good gift, especially with Christmas coming about. Or, if you're like me and you just want a little bit more clarity, focus, and memory, all that good stuff. Just so you know, this is not a sponsored product. I just bought it off my friend, Cass. And I thought, well, this might actually help some other people. So, what this is all about is I like coffee. I also like chocolate. And what's great about this is that it helps me with that mental clarity and getting through all the things. So, I'd like to combine two things, things that will help me be a little bit more clear in my thoughts, give me a little bit more clarity and give me a little bit more energy. So, I'll just combine both of them. Fantastic. So, what it has in it is the most basic things, right? Columbian Dark Rose, Cocoa, Extracts, and all that stuff. But it's the L-theanine, the PEA, and the AGPC, which is the most interesting parts about it. So, the question I was asking is, what is in the product that I'm actually consuming? So, the theanine, also known as L-theanine, it's an amino acid. It's usually in green tea, which is supposed to be great for you. But the studies show that theanine could help with dementia, high blood pressure, and unhealthy cholesterol levels. So, I have a dementia that runs in my family, so I will definitely take that. Also, for high blood pressure, I get a little ticked off sometimes, so I'm sure it goes sky-high. I could help that. Next one is phenothalamine, or PEA, and it's good for depression, attention, mood, and weight loss. I don't really have any help with the weight loss, but you know, one of my brothers does, so why not? He could use it. And again, if it's going to help me, it's something that I already drank, so I might as well take that. Then the alpha-GPC, alpha-glycerol-phosphorylcholine, it helps to increase acetylcholine, which is in the brain. This is important for memory and learning functions. So, again, another one to help you with mental clarity and memorization. So, it comes in three different flavors. You've got your regular, smart coffee. You've got your nitro, which the only difference in nitro is that it has nitric oxide, which is great for relaxing smooth muscles. So, like our blood vessels, that's what is comprised of our blood vessels, helps to relax them. So, if you have high blood pressure, this can actually help you as well. And also, if you don't like coffee, you got chocolate. It comes in chocolate. I like chocolate. And then the last or the fourth one is if you don't like chocolate or coffee, it also comes in pink lemonade. So, either way you want to. The only problem is that their website sucks. So, if you want to order the smart coffee for yourself or anybody in your family or loved one, especially for Christmas coming up, then there's going to be a link in the description. It looks just like this. And I separated them into four. The regular smart coffee, the smart coffee with nitro, the hot chocolate lemonade, and it goes to those four. And the reason I did that is because the website's very jumbled where I get it at. So, I just give you the four direct links. Again, this isn't a sponsored promotion. My friend Cass recommended it to me because she knows like coffee. And I take it, really like it. And I thought it might help you out. So, that's it for today. So, if you like these types of videos, there's going to be two ones going to pop up on your left and right. I'll let YouTube do their magic on that one. And that is it for Sunday. So, stay safe out there. Go watch your football and have a great day. And I'll see you on the next one. Bye-bye.