 Welcome to Digital Asset News to get top stories in crypto and bringing on bite-sized pieces. Now, just like the thumbnail suggests, the feeling of the 2017 parabolic bull run is upon us. And I'm going to talk about how close we could potentially be. But before that, I want to talk about a couple pieces of news. First up, FTX mergers with Ledger X and Y. This is such a big deal. Voyager mergers in acquisition as well as their Voyager loyalty program. And then we're going to get into the meat and potatoes of it as we talk about the four-year cycle recap and elongated cycles, finally finishing up with a 2017 parabolic recap and what is going on as far as what's happening today. So today, we are on September 1st, 2021, and the market has taken off just a little bit. So using the trade the chain sentiment analysis, we're taking a look at total market cap of $2.17 trillion. Looks pretty good. Average jelly seven is around 43 over 100. And Bitcoin daily sentiment suddenly turns a little bit bullish as everything starts to go up. Now, me personally, I'm not super bullish on Bitcoin right now. I think it's going to go up and it's going to do very well. But really, where a lot of the gains or my gains have been made recently has been altcoins. So if we take a look at what is going on as far as into the coins of the top 100 or so, Bitcoin still doing pretty good, 48,000, 215. But look at Ethereum, $3,700. It almost looks like it's decoupling just a little bit from Bitcoin. But we know that'll snap right back because it usually does. But in 24 hours, it's up 8%, seven days, 15%. Cardano still holding the third spot, looking at 284, a moderate 2%, Binance Coin 3%, and so on and so forth. But we get down here into around the 27th spot where take a look at the FTX token. And we're going to get into that in just a bit. But before I do just want to make mention that, of course, everything that we do for the digital asset news or DNews stake pool, we contribute 100 cardano per week to Kiva. And Kiva is very great because it helps these microloans to help people who are unbanked in difficult situations throughout the world. Unfortunately, or unfortunately, if I want to say it, the 100 cardano per week used to not equal too much. And now, fortunately, it equals quite a lot. And we're at around 285. So 285, and we're going to do this for the actual month. So 400 times 285, we're looking at around $1,100 or something like that. So what we did is we just picked these people that needed loans throughout the world. And we gave up this much into contributing to their plights and their things that they needed to do. So if you're looking for a place to stake your cardano, which also does a little bit of microloans and tries to help out, there's a link in the description. It looks something like this. When you click on that, it'll take you to the cardano staking pool video for DNews. Anyhow, what we're taking a look at today is FTX in the news. And real quickly, this was a nice little piece that we had gone over actually quickly yesterday. But I want to bring it up again, because I think it's a pretty big deal because if we take a look at the actual price action for FTX or what's going on as an FTT token, we're looking at a price appreciation of 29% in a 20-fower timeframe, 29%. And what is going on here, thankfully for FTX as they break into it, is they acquired crypto derivatives platform Ledger X. And this is a commodity futures trading commission regulated futures and opposite exchange and clearinghouse Ledger X. And the two entities are combined now as they make this huge acquisition. The crypto exchange can meet the needs of retail and institutional traders alike. FTX aims to build a strong relationship with U.S. regulators, which we've heard before, people want to work with regulators unless you're buying ads or whatever, and emphasize that it would work specifically with the CFTC. And this last sentence kind of struck me. I'm like, why do they want to work with the CFTC and not the SEC? And I can tell you why. It's because the commissioner of the SEC or the CFTC, Brian Quintanais, said this, just so we're all clear here. The SEC has no authority over peer commodities or their trading venues, whether those commodities are wheat, gold, oil, or crypto assets. And that right there pretty much spells it out because what he's saying is like, look, this is what we believe crypto to be. We believe it to be an asset, a commodity. We don't believe it is a security. So why wouldn't Ledger X or excuse me, FTX want to work with the CFTC as opposed to Gensler and the SEC? They're like, no, everything's a security. And that's just what we're going to do. Crazy. And then to finish all this up, CEO of FTX Sam Bank and Fried said, this is probably one of the most exciting announcements we've ever had. So this is just one of those reasons why you can see that the FTX token is going up. And I think this is why a lot of things are going to go up as far as like utility and the tokens that are related to the exchanges, like what happened to Binance, Chain, and everything else. And that leads me to my next quick little point, Voyager. So Voyager, if you don't know, they just had a token swap and it was around $900 million. But on top of that, they also acquired a little known exchange in France, which is called LGO. And they actually did a $900 million token swap, VGX and LGO, French foreign cryptocurrency exchange back in December of 2020. And why did they do that? Well, they're a pretty smart company. And they know that what they want is not just the exchanges, people that are in there. But in terms of traditional finance services, when a company wants to enter a new market under a different regulatory regime, it must either apply for a de novo license or acquire a company that has already attained one. The same choice that played out, what we just talked about FTX, US, and so on and so forth. So again, with this happening, I believe that Voyager will do quite well. Their loyalty program just went live today. So if you're looking for a place to, you know, if you're going to purchase the VGX token, you also get a rewards boost of between 0.5 and 1.5%. Crypto back rewards across the continuum, refer friends are pretty high, withdrawal discounts, crypto back and debit card, and all the different things that are out there. And that's why I think Voyager, the VGX token itself is going to do pretty well. I made this in my price prediction video all the way back in January, where I thought it was going to $30. And I believe it's up 9% in a 24 hour timeframe, but it's only at around $4 right now. So we will see. And that is what's going on in the news as far as the basics of what is happening. Now let's get to the main thing of what I was talking about in the actual thumbnail, which is the 2017 parabolic run. It kind of feels like things are going our way in a quick fashion. And what I wanted to show you real quick is just as a recap, the four year cycles. And whether you believe in them or not, or if you believe that we're going to have an extended run as far as these cycles go, sure. But I do feel like we were in the same place we were in 2017 around September. Let me show you something. As far as the four year cycles, this is back in 2012 and everything always follows with the Bitcoin halving. Now this could be disrupted later. I'm not here to debate that part of it, but this is what we have as far as history. So we had a halving in 2012, which led to half of Bitcoin being mined in those 10 minute blocks. And then of course, we went from five to 14 bucks all the way up to $1,100. Then we had a dip and a reset. Same thing happened in 2016. There was a Bitcoin halving led to an all time high. Then of course, we went through the crypto winner, dip and a reset. And now I and a lot of people believe that we're doing the same type of thing, but maybe it will be extended out. Who knows? In 2020, we had the halving. We had $29,000. 2021, who knows where it's going to be? But I know we've already hit an all time high of around $64,000, but where could it eventually go? Nobody knows. But then we could potentially a dip and a reset sometime in 2022 or 2023. It all depends. And remember, if this does keep happening, you don't have to get filthy, disgusting rich right now. Just remember that there may be maybe another cycle coming through. And that is what people believe to be true. Now, if we take a look at that about what is going on as far as like the four year cycles, let's take a look and really zoom in to get a little bit better understanding. When in doubt, zoom out. But we want to have a little bit more granular information. You got to zoom in. So I took a look at coin market cap. Don't it's okay. Coin market caps got some good data. But what they have is historical snapshots. And when I took a look at between 16 July 2017, all the way to December, and I want you to notice something in July, 16 July is this is what it must have felt like to go through this parabolic bull run. I went through the bull run, but at the very end of November and December, and it really was like I was cheating. I kind of caught caught at the very end. I didn't really know what was going on. But if you have, if you were in 2017 and you had been investing in 2016 and 2015 and 2014, when, when all the smart money was accumulating, this much must have felt like the biggest relief that you actually proved to everybody that you knew was going to happen. And here's where we're at. So if you just take a look here in 16 July 2017, look at the Bitcoin price, $31,748,976,616 and some change. And that was the market cap. The price was $1900. Ethereum, 157 bucks. XRP, watch out, 14 cents. Litecoin was number four at 40 bucks. Ethereum classic at $14 dash NEM. Iota was back in those days. And it was just, it was a pretty good time. Now, remember, if you've been, if you've been dollar cost averaging for three, four years from 2014 all the way to now, how great would you have felt right at this moment? You'd be like, man, this is really paying off. But that's pale as a comparison to what comes next. This is 16 July. Let's take a look at 13th of August. Look at this. You went from essentially around $2,000 for a Bitcoin to around $4,000 for a Bitcoin. Ethereum, you went from 125, 150 and you pretty much doubled in a very short amount of time. Again, you must've been feeling like a genius because you're like, wow, I did all this work. I bought the dip. I listened to the people that I should've listened to. And even though they say it's on investment advice, it was investment opinion, seems to work out pretty well. Now, check this out. 13th of August, right? And that's kind of like where we just were. Now, 30 September today is the first of September. Imagine this. Now it goes up to $4,500. Ethereum, $347. So not the big huge gains like doubles and doubles and doubles kind of just kind of, you know, stayed the same a little bit. Not too bad. Not too great. Not too awful. Everything's going good. Bitcoin cash comes up, 607 XRP, 22 cents. Watch out, Litecoin, $76 and so on and so forth. So again, you're probably feeling pretty good about what's happening. And then we fast forward. 8th of October, look at this, Bitcoin around the same. So not too much really happened. $4,500, $347 for Bitcoin Ethereum, $4,600, $308 for Ethereum. So now you're like, hmm, well, that's kind of a bummer. But you know, I'm still up pretty good. I still feel pretty great. I'm probably just going to hold on because I've been doing, I've been dollar cost averaging for three, four, five, seven years or whatever else it is. And I still feel pretty good. And I know where things are going because I've done my own research. Now check this out. I get up October and you just wait just a little bit and go to 15 October, you're at $5,600, almost $5,700 for Bitcoin and Ethereum and $336. So you are up, wow, a thousand bucks. And that's on 15 October. That's one week. Then after that, you go a month in advance. Now you're at $8,000. So imagine you were dollar cost averaging Bitcoin at nothing. And all of a sudden it's doubling, tripling, quadrupling. That's 19 November. And then you go to 10th of December. Now you're at $15,000. Imagine going from like $400, $300 of Bitcoin. Now all the way up to this, Ethereum 441, Bitcoin cash, $3023. I owe it a crazy, right? $413. And now we go all the way to 17th of December, $19,000 for Bitcoin, Ethereum 719. And then went up even more after that. Bitcoin cash 1862 and XRP 72 cents. They went even more like a dollar or something like that. So all these things that are happening in a very short amount of time after those four year cycles went through, this is where all the money is made in these little finite amount of time. There's not a ton of things that you have to do, but there are these things you just have to just sit back and be like, you know what? I've done my research. I've done all my dollar cost averaging. I think this is where we're at. And I feel like this is the same thing again, just repeating itself right now. Do I think everything's going to go up like a big hockey stick from here? No, it didn't back then. Like just as we saw it in September, there was, there was, or October, September to October, there was a little bit of a lull time, but it was like this, wham, wham, this, and then all the way up. Can it happen again? Sure, why not? And I can tell you right now, back in those days when I got in November, I was like, there's no way it can double because that doesn't usually happen, especially on the traditional market. And of course, how wrong we were. The only thing that limits us right now is the amount that we can actually see of where everything to go. Now, remember, there is a quadrillion dollars just sloshing around. I mean, everything from, from real estate to derivatives all the way to the stock market and everything in between gold being one of them, 12 trillion dollars, come on. And you don't think that we can't, I don't know, go 1.5x from here, maybe 2x? Who knows? That's the great thing, but I will caution you on one last tail, and that is this. When we go up magnificently like this in this parabolic bull run, whether that be a go parabolic or there's an extended range for what people think that could be maybe in March or April of next year we see these ranges, it doesn't matter. What always happens most of the time is that you're going to see something like this, and this is called the life cycle of financial bubbles. I will link this in the description below. And if you overlay this, which is just exactly what the thumbnail actually represented, take off, bear trap, media attention, enthusiasm, green delusion, new paradigm is never going down, goes down to denial, return to normal fear, capitulation, despair. The same thing also happened if you overlay it with the stock bubble of 1929. If you overlay that with the 2000.com bubble, and also the Bitcoin 2017. So could this happen again? I can't tell you what's going to happen. I can just tell you where we've been and where I think we're going to go. But the big thing is this, just be cautious. And just because things are going up right now does not mean that they will go up forever. But it is an exciting time. And that's why I'm so excited about being in this space. So look, that is it for today. Hopefully, thanks. Well, first of all, if you got me in those way, thanks for sticking with me all the way in. I appreciate it. If you liked that video, give it a thumbs up. Also consider subscribing. A lot of you talk about our time sensitive, especially right now, what is going on. And that is it. So thanks so much for watching. I appreciate it. And I'll see you on the next one.