 Hello, everybody and welcome to the Wednesday live stream So these the type of live streams that I'd love to do and the reason is is because it's one of those days When things are just lining up, it's actually a very positive day and a very bullish day now yesterday Of course a little bit turbulence, right? We had a Binance step down Looks like the Department of Justice came in and said look you're guilty of anti-mundering laws And we're going to do a plea deal and it's going to cost you and we were expecting some massive turmoil But this is a recap and everybody knows these things because they just can't get enough this information This is what actually happened. So of course CZ Binance stepped down CZ is gonna have to pay $50 million which is not a bad deal So the fact that he is I believe he is a his net worth is over $10 billion So dropping the bucket, this is the price of doing business and here we go So the Binance broke US anti-money laundering and sanction laws failed to report more than a hundred thousand suspicious transactions with organizations And I'm not here to defend or to say that's you know something that just goes above and beyond the Department of Justice These are the real allegations. I'm not gonna sugarcoat it. It's not like these centralized exchanges are doing You know the most perfect work of all time. They have moved the crypto Market forward, but there was a cost do that and this is that cost Exchange also never reported transaction with websites of all your selling child abuse materials one of the largest recipients of ransomware They said so again take that with a grain of salt could be true could not be true It could be somebody to talk about also I will remind everybody that senator Elizabeth Warren just recently talked about and in a house hearing committee where There was nothing but of Funding for Hamas the terrorist group and it was all done by crypto and digital assets And it is the most evil thing of all time when in reality we knew we know that cash is king for cartel and of course insurrectionist so Take that with a grain of salt Binance made it easy for criminals to move their stolen funds and illicit proceeds on exchanges They did just they didn't they did more than just failed to comply with federal law It pretended to comply. All right, great So that's what we got Binance is gonna pay 1.81 billion within 15 months and a further 2.51 billion forfeiture as part of the deal Prosecutor said and then Janet Yellen actually came out and said this is the largest Fine that they've they've ever put out in US history. So hey, we're making records all over the place fantastic So we heard about this CZ came in and said yes, this is true I'm gonna step down and we were expecting some major volatility and of course I don't need to tell you this but Didn't really do too much for the market in general and this I have to tell you makes if this didn't crash the market For the allegations that were going on and for the CEO to step down and for the provisions that are gonna come in I don't know what's gonna crash it because it's looking pretty damn good and in 24 hours Bitcoin went down in a paltry 1.5 percent and One point. I think it was that I want to say 37.5 when I'm at 35 5 so it was like a $2,000 difference the theorems actually up in 24 hours up 2% Of course BNB is down 12% not surprising. What is not surprising either is that the other? Crypto tokens for different exchanges are also are also up because they're taking advantage of the situation That's the market, baby. So on is up so on is actually don't slide down. Excuse me 12% for the week, but it had a massive run pullbacks are healthy not a big deal 12% if you're in traditional finance you Might have soiled yourself, but 12% is a Wednesday here in crypto. Welcome to digital assets Avalanche is down polygon everything's down except for like I said uniswap now that Binance is out of the way people are like, maybe we should look into decentralized exchanges I'm telling you right now uniswap is great, but there's better deck. There's better decks is out there By far I just used orca today. Well, this is like my second time using orca built on Solana, man Super fast super easy super slick Okay be up 1.3% and so on and so forth Kronos Crypto comm token is up to which is not surprising Thor chain 8% as well immutable X gaming token up 3 4 for Ave rocket pool, I guess so Celestia which what crypto students been talking about for quite some time about half a percentage point and then down we go Kava and look at this one. Pythe is up almost 39% in Seven days in the last is this an hour an hour? It's up 13% good news. We're gonna talk about that in a bit, but That's all we have as far as The market this makes me extremely bullish because I could have sworn that we would have seen a lot more volatility but we did not and again if that's not gonna do it what is and There was different sentiment across the crypto verse From everybody's thanking CZ Dan Moorhead. You had Tom crown actually, you know putting in and said hey Look, you've done an amazing job and a lot of people said it like this is you know Thanks so much for doing what you did. This is fantastic But then you had some other ones like Corey from swan Bitcoin and also from Bob Lucas Just put another video. I highly recommend you watch it and he said now that the final crypto scammer of the 2018-22 cycle is prosecuted it's time to legitimize the scamming and There is no shortage of opinions in here in crypto world, but that's what it is but Speaking of opinions that I think has to be fleshed out Bitcoin ETF because One of the big problems with this spot ETF is we all know it's Gary Guelph and one of his big problems from what he says is Manipulation and a lot of people had settled for quite some time that if Binance was the largest centralized exchange in the world It is four times the volume of its closest for competitors Or it's nice. Excuse me. It's more volume than four of its competitors Globally then they're not going to allow it because there's too much manipulation that can actually be done with the price true You cannot manipulate Bitcoin itself Mutable ledger Massive amount of nodes out there massive amount of miners to actually work and and secure the network You can't do it that way, but you can manipulate the price and that's what Gary again. So supposedly has been an issue with now with this new piece coming out From the DOJ Maybe The ETF will be approved. So this is from John Reed Stark and who's John Reed Stark? He is From John Reed Stark consulting da-da-da Duke University great, but he's the former chief SEC office of Internet enforcement and let me tell you he loves him some SEC Nothing wrong with that. I love my ex-employers, too But he said right here he goes out of the press's unsealed memorandum regarding plea proceedings of Binance and and CZ Instituting a mammoth set of conditions and requirements and I read through the whole thing I linked the description. You can check it out. It's like a 20 page or something like that But the one that's that makes the that really sticks out to me was number five Defendant Binance will appoint an independent compliance monitor for a period of three years to ensure Binance's compliance with the terms of the plea agreement and Report to the government. That's the US government. And who do you think he's gonna report to he's gonna report to the CFTC by the DOJ And of course the SEC can listen as well and and of course get all their documentation Which would satisfy I think what Gary's big problem was which was the largest centralized exchange Could be used to manipulate the price and now that America has its grubby little fingers into it Maybe that's not the case So that to me I had to sit back and go man Maybe the thesis that I have that the ETF will not be approved And it could actually very well not be or be approved because of this little piece right here And also on the same day this is from Bitcoin news definitely a follow of Bitcoin news com over on the X or Twitter and Here we are Hester Pierce One of the commissioners Comes out again and says hey Because of what's happening behind the scenes. There's no reason For us to stand in the way of a spot Bitcoin ETF. Let me say that again Hester Pierce One of the commissioners of the SEC one of the five Says there's no reason for us to stand the way of a spot Bitcoin ETF now before everybody gets super excited She said this all the whole time And I just want to put it in there just to reiterate that you know Even though we look at the SEC is like some evil Empire that's screwing everything up some of the things are doing is actually on the level and that's not very popular opinion But watch the video yesterday. I'll explain myself But on this piece right here Hester Pierce has never wavered from that stance She says if you're going to approve a futures ETF There's no reason why I shouldn't approve a spot Bitcoin ETF because it's the same pricing and of course you want to manipulate that You can manipulate a futures ETF. You can manipulate a spot. It doesn't really matter and This is one of those things that people say well now that that's of course we have this and the spot ETFs gonna happen I think I am more inclined to say that actually will but There's this little voice in my head and You know, I've been wrong on this channel. I think everybody knows that Nobody's purpose, especially me Ask my wife that joke never fails And there's things like this Who is Gary working for is? Gary in the pocket of black rock and the money mongers that are out there and the asset managers at the control this planet or is he in the pocket of say The White House and different senators This is from Caitlin long and she posted this From custodia bank Wall Street veteran and everybody knows her. She's a big Bitcoin believer And she says it I didn't know this was actually a thing, but apparently it is truth revealed Senator was with Warren orchestration of operation to choke point 2.0, which we're not familiar with that That's what they try to shut down the banks that are dealing with the different centralized exchanges for for crypto Financial assets to allow people to have it as an on and off ramp and shut them down They did a beautiful job not more than six months ago But she says through her control over the Biden administration financial services appointees really about rolling out a US CVDC I had no idea she was that big in the CVDCs. This has been an open secret and DC since January, but it's not a secret anymore This is a minute long it's important that you listen to this so you understand Where Elizabeth Warren is coming from where a lot of people I think are coming from that are in Congress right now Because she's a bullhorn Unfortunately, that's just how it is. So just take a listen to this You make the decision take a listen banks do wrong if you Think we can improve that in a digital world the answer is sure you could but in that case Let's do a central bank digital currency. Are you there? Oh for a central bank digital currency. Yes. I think it's time for us to essentially because we're you know The thing is when you look at every piece of paper currency we issue not with coins, but every paper currency has its own identity So essentially we're prepared for the blockchain now With with currency should that be how we build this so I think of it as again What's the problem you're trying to solve and if the problem you're trying to solve is fast almost Frictionless ability to send money Across the country do it rapidly send it around the world be able to send it to your cousins in Argentina if that's what you're trying to solve a central bank digital currency does that and You don't really need a stable coin for that. You've already got a dollar Denominated you don't really need a Bitcoin to be able to get so then the question becomes So what is it that the Bitcoin what problem is it solving for and now we get into a very different space? The problem we're trying to solve is you That's the thing So when you hear things like this from Senator Elizabeth Warren, and you're gonna hear this from other congressmen and women senators They're gonna say the same thing like maybe we should do a CBDC Because that's the the next big thing. That's what's gonna push us over That's them not understanding the whole system of what Bitcoin is here for Bitcoin is here and digital assets We'll just we'll stick with Bitcoin and make it simple right now is to get out of the system the way and the and in the manner in which inflation actually happens is the private tax that they do Printed by the US Treasury Comes out to us and it dilutes the value of the dollar over time and that's what we're trying to get out of That's the evil that she's talking about but she thinks that a CBDC which really is really no different than I mean It's essentially digital dollar. It's the same thing going over again in zeros and ones On a distributed ledger, which only is me very distributed. So again when you take a look at this This is just one of those it's just first of all you can say it's education, but it's not education I think Elizabeth Warren knows exactly what she's talking about and I think she knew exactly what she was talking about When she stood up on that congressional hill and she talked about how that Bitcoin digital assets were used to fund Hamas and terrorist attacks and That is why we need to shut it down when in actuality when it won all the experts came out said no They've been using banks like your buddy's over. Not that she's a big banker. She's not But they've been using banks and cash is king if you're the cartel and your terrorist So these types of things are the things that that stopped me by saying, you know, what as far as like a spot Bitcoin It's yeah, it looks very positive Could actually happen It's a lot more assured that it could actually happen if we're able to monitor we like I'm in part of the government To monitor finance, but will it actually happen? Not when you have something like that And I think that's one of the things that they can get over that last boss. I Think we'll see a bit coins. Yeah Hey, let me know what you think about that in the comments section then To finish up oracles and chain link. Well, not this oracle this oracle this is called pipe fight thought network and I linked it in the description and The only reason I was interested in this actually is because I was a great video from Paul Barone network and he put out about Solana airdrops I'm like, oh airdrops the fastest way to get scammed because let's be honest When you do airdrops everybody's clicking the wrong link and they're they're open up their hot wall and they're getting screwed over So whatever else, but I just wanted to watch it because I'm Kind of interested in the space and it was pretty interesting what they were doing as far as like an oracle how they're actually getting into and Into these different chains and it's built on Solana, which everybody seems to love right now I even know everybody hated it when it was nine bucks, but whatever and It's just a multi-chain asset that can be used on BNB optimism aetherium arbitram you name it that's the oracle for everybody and We'll see how it goes. So now while I was just interested. I'm like, oh, this is awesome an airdrop Let me just check it out and here's the here was the criteria So I'm like I always feel like oracles you need an oracle You need an oracle what it does is it pulls outside data price action You kind of do what you need in the real world into the blockchain the blockchain can't just pull stuff out of the air It needs help needs an oracle and chain link is why I've been buying it for the last truth since I got into crypto Actually in 2018-2019 I started And I've always liked this one and I was that well, this is the big one But now with Pyth out there and again watch the video from Paul is a great job. It's it's making up ground It's making up ground fast. So here's what's happening an airdrop program We know on web 3 over 90,000 wallets will be eligible to see Pyth tokens token tokens Jesus selling Janet Yellen Pyth tokens based on their on-chain activity across 27 blockchains and 200 decentralized applications Update November 16th the claim process for Python network retrospective airdrops will open on Monday November 20th That's just two days ago and remain open to eligible Participants until February 18 2024. Well, that's awesome Rob. So how does this work out? Well, here's the criteria in DeFi community member blah blah blah I linked this in the description so you can check it out and I was like hey I'm gonna check this out because this is the official link from Pyth dot network from their official website Let me see what's going on want want Sorry loser American You're unable you unavailable for legal reasons the site's not available for Congo, Korea I can't pronounce that Luan's people's Republic China Ukraine Ukraine now, okay Cuba, Iran, Libya, Samoa, Sudan and South Syria the USA the UK Yemen Zimbabwe and da-da-da, so I Can't check it and I'm not gonna tell you to use a VPN because that is illegal and you should not do that VPNs are dangerous But if you want to use one there's a link in the description anyhow You should not do that to check for your airdrops just saying And then pipe just so you know I thought it's pretty interesting because they're doing the airdrop and it just came out It just like a pop up up up up up up up up 20th November That was Monday when they do the airdrop that was because you can't go back anymore So it's our 30 cents and right now it's 43 cents So just so you know that might be something to look into now the the thing that will That will put a monkey wrench in the tolls applies 10 billion not a big deal You know But Shane like is like 580 million But then again Cardano's like 45 billion So just that will affect the price just so everybody knows but this is a very risky play It is an altcoin, but I thought it was very interesting like oh another Oracle that's out there fantastic So take that as you see fit now me personally I will not lead you astray I bought some today and you know how I bought it because I couldn't use an airdrop I Use orca and of course if you like what the hell is that orca And every one of these these cryptas that are out there anyone that you want to get into of course You have to do your own research as much as you possibly can not that you're gonna get it right every time That's the thing with investing remember I put rules for a reason underneath me Don't invest more you can afford to lose it's all gone right everything is scammed up your mother wise don't leave things on exchanges Da-da-da So here if I'm over on Coingecko if I click on markets I can see all the different centralized and decentralized exchanges This is available on there's this one called orca orcas run on Solana I used it and I got to tell you super impressed and I tweeted that out very fast very easy The fees were nominal I mean next to nothing which is a huge difference Between that and say using like a uniswap for the aetherium gas fees. I mean just Unbelievable and of course I had to transfer Some Solana into my phantom wallet to because it integrates with my phantom wall which is Solana wallet And it took less than 10 seconds to transfer it over now aetherium. Yeah, never know and it's gonna cost It's I'll just say this is very simple. So check out Pythe. I bought some So if you think oh, Roger's a nice guy talking about some crypto now Rob owns it and Rob is biased. All right and That's it. So for that piece and then also a little bit of Jarring news to wake everybody up remind everybody of this Justin Sun Founder of Tron put out a tweet about four hours ago and said HTX and Heco cross-chain bridge Underwent a hacker attack HTX will fully compensate for HTX's hot wallet losses. So another exchange goes down Well, excuse me. It doesn't go down. Just they're just they're hot wallet But this is the second one that he's been involved in where it's had a hack Deposits and withdrawals temporarily suspended all funds and HTX are secure in the community can rest assured We are investigating the specific reasons for the hacker and I think let me see here Once we complete investigation done by the cause we will resume services now to be fair Justin Sun did say that he is going to personally and I end up personally But the business itself is going to refund everybody if they if there's any loss of funds But he said that before on the other centralized exchange that he was a part of I forgot the name of it Correct me the comment section But again, these are the things that worry me and it doesn't worry me because I got it figured out I think I made these rules remember for a reason See that that third rule rule number three No exchanges you have to use the exchanges To be an off in an on-ramp, right? But you don't have to leave it there. You paid the fees now take it off so Did we not learn a lesson from Mount Gox? I know I didn't because I put stuff on Voyager in Celsius Did we not learn our lesson from Voyager in Celsius and FTX and block fight? Well, apparently not and that's just how it is I understand some people have to leave crypto on the exchanges because they're trading They're doing all the the things they're doing But you don't have to leave it on there You can take it off put in cold storage while I made plenty of videos There's a great website called Dan teaches crypto shows you how to do it for free. So I Just want you to be safe. That's it I don't want to keep hearing these these these stories about all I got screwed over and I left it all on the exchange Why did anybody tell me? I don't have to 90% of you are sick of hearing this message But the 10% I think you need to hear this and this is and the reason is because if you're gonna work this hard It's not how much you make it's how much you keep right in that vein people will say well What's a good cold storage wallet? I use this one. I Use tangent I use ledger and I use ellipel because I'm going to diversify in my portfolio I'm gonna diversify my cold storage walls, right? But so far since this one was created in tangent in 2018. No hacks ledger. No hacks ellipel no hacks now to be fair ledger did have personal data hacks But that's what every website has essentially, but there's been no hacks of your crypto So people when asking me like Rob. I only got so much money. How do I do this? Well, tangent itself Let me show you For a three-card set at 62 bucks for two cards. It's under 50 bucks and I did a video Links in the description. I show you how to set it up and there and then these These tangent wallets now the ones that I have this I have this one right here, which is the old the old version But the ones that you're gonna get These new versions right here. It's got an I got the new set and what those do those allow you to either put the private keys within the Card itself or the private keys that you can generate a mnemonic phrase and write down a piece of paper It's whatever you want to do now. It's whatever you want to do. It gives you both options I personally have them all in the cards and that's it But as a comparison just so you know if you're looking for a cold storage wallet This is the black Friday offer for ledger. I do not have a link to ledger But it's shop.ledger.com the price is seventy nine bucks for the old version 150 for The newer version and then the nano duo is 228 where you get to a twofer So those are the price differences. I use all I use both are all three with the ellipal and to make things crystal clear Tangent is not a sponsor of my of my show. They are not They didn't pay me to say this However, that's an affiliate link if you can't stand using a feeling screen 10% off. Just go to shop down or tangent What is it? tangent Com and hopefully go the right place But if you want to support that there it is right there and that's it for today. So look That's it for today in the news and what's going on. I think it's super bullish I mean, I haven't been this bullish in quite some time and this I didn't think we're gonna get here until we got into Bitcoin having territory and we're only like four and a half months away. So I think this is pretty good time We'll see how everything works out of macro, but that's it for the news If you like today's video give it a thumbs up consider subscribing everything we talk about is time sensitive as things accelerate And they will accelerate very quickly. It's important that you stay up to date I don't care if it's me or somebody else to just subscribe to somebody watch the news See what's happening so you can make the best decision for you and your family. That's it