 Welcome to digital asset news to get top stories in cryptocurrency and digital assets and break them out of bite-sized pieces They have got some additional information to talk about as far as the Ethereum project goes and first and only up NFT marketplace open C to add Ethereum Layer 2 protocol for gas-free trading And if you've been following the channel for a while, you know I've been pretty hard on Ethereum because of their issues with time constraints with the issues of pushing back projects with the issues of fees and now it looks like Everything is starting to come out pretty well. So we'll take a look at that and I may have to eat a little crow on top of that We'll take a just a little follow-up on a video that we did yesterday as far as investment properties and buying with cryptocurrencies Just a quick update as to what exactly happened with that Celsius loan that I got amazing and then we'll finish up They're just talking about actually it was a great comment that I got yesterday This was from a crypto cowboy about his genius plan Which was actually pretty good plan and what he plans to do as far as to pay back certain loans So we'll go over all these things but first let's take a look at what is going on into the market So right now it is April 2nd And I'm glad we're done with April 1st because I was so sick of seeing all those stupid April 1st videos and jokes and Things on Twitter. Should you know what was real and what was not? Whatever some of them. I mean some were funny, but some just did it so awful. I'm just like this is just stupid So I'm glad we're here in April 2nd. It's all I can say Also, what I'm also glad about is that we're almost at a two trillion dollar market cap Can you fathom that just you know six months ago a year ago? Just a year ago in March when we had that huge black swan event when everything just dived down Bitcoin's around three thousand four thousand dollars a three was a hundred bucks Everybody was like this is it. It's never gonna come back and now here. We are two trillion dollar market caps I mean if you bought around then which I did I just didn't do enough of it They do pretty well, but remember you bought what you could when you could to just be happy with where you're at and the Good enough. So today Bitcoin is almost at sixty thousand. We had actually touched over sixty one thousand So hey, not too bad. Let's see how that goes again ebbs and flows. There's always gonna be a little bit of retracement Ethereum I think yeah, I think did just two thousand now. It's back to two thousand seventy seven So congratulations, Ethereum holders all time high that I am one of those Binance coin again is up in that massive run three forty eight and Up six percent the reason my finance coin is up so much is because of their chain where they're able to Do all these different exchanges on on their swap their smart chains And they're able to do a bunch of different Like I said swaps for different cryptocurrencies just like a dex just like a uni swap But you're using the the binance coin instead of a theorem. That's why they're up so much So we'll see how long that lasts with them doing what they're doing Heather's tether and they just got an audit from just kind of weird because yesterday They got an audit from a an auditing firm in the Cayman's Island, which said that yes They are backed 100% actually more so for every tether that they're actually printing So all those fears that people were saying that tether was just overblown and not being backed by anything Well auditing firm came in it a little bit weird that it's from the Cayman Islands But hey came in on us. I mean, let's be honest how many crooked places are out there in the world It doesn't matter if you're in traditional finance or whatever else. There's crooked places everywhere. So if they're gonna sort of fight sure enough Let's do it card now. Let's just everything's up everything's up except for file coin And I would just say this for everybody who held file coin congratulations I don't only file a coin, but that was a massive run up I mean, it was just a huge and now it's down 20% but to go from 30 to $40 and now we're at 184 That's amazing. So again in the crypto markets actually in any market if it's gonna go up this high this fast You know, there's gonna be a rebound nothing goes up forever And this is a prime point never ever start to buy things as it's going parabolic hockey stick all the way up The best time to buy is when things are boring Which could be not today. I'll tell you that. All right So that's what's going on. Also, let me blow the subs you can see I'm talking about Also for trade the chain. I'm going to Click on that little nice projected range and see what could potentially be great in the next hour or so So if you're a big trader, look at vellas vellas storm x Did you know green power if they're in classic iron civic and just so you know these little numbers here This one's in the middle. This is with 90% assurance. This is what's going to be the next hour So you're looking at three percent gains two and a half two two two pretty good storm x. I have to tell you this What's going on with that? This is the one that alex masculine been talking to me about forever And I was like, yeah, yeah, I'll look into it actually bought some a while back And I'm pretty happy with the position that I got into and I've been talking with this on my channel for a while Not as much as some other projects, but again, it's one of those tokens. It actually does something so Right so storm x You can go to storm x.io and What's great about it is that first of all It's over 750 stores So you can like like ryan over there at trader chain He actually bought his adidas about a month ago with it and because he got crypto back and all his purchases It paid for themselves. So that's what you're into. I don't buy a bunch of stuff But I mean this is one of those tokens actually does things and these are all the different partnerships that they have so Um, yeah, pretty good on top of that and we'll talk about this in a bit if you where's that button? staking, yeah If you stake right now storm x 15 percent You know apy so not too bad. Anyhow, that's what's going on today's uh market market stuff Let's take a look what's going on as far as our top story. So This is what I want to talk about You've been the channel for a while You know, I have been very happy with ethereum and people have been like, why are you so negative on ethereum? Why are you so negative on ethereum? Because nobody gets a pass on this show. That's why like there's a problem right now with voyager and There's different things that are happening with like people can't there's a problem with some people not being able to get Uh, their crypto off of voyager. So I called out steve. This is like the third time I've done it And of course, it's all about growing pains. But you know, you have to push the people remember Uh, they work for us. It's not the other way around. So ethereum. I'm not a religious fanatic Okay, so if ethereum is having problems where they're like, hey, you know, sorry It's uh, there's these huge fees and there's a huge wait times. I'm not gonna stand for that I'm a consumer and if it doesn't work out. I'll go someplace else And I don't have to stay here. You don't have to stay here. And if you want to stay here, that's fine Now when things come around I'll change my mind and here we are today So nft marketplace open seed at ethereum layer 2 protocol for gas fee trading. All right. This is what I was talking about great So I'm not going to sit around and trade $50 worth of ethereum so I can pay $55 in fees. That makes no sense But if something like this comes along, I'm pretty happy So here's what we got The marketplace, this is open seed says you'll be adding support for trading via decentralized protocol immutable x open seed said Wednesday The technology will provide instant trade confirmation Increase scalability and zero gas fees. That's fantastic. Exactly what I was waiting for Integrating immutable x enabled us to offer you as a gas free trading experience without sacrifice in the security of the ethereum network This is from open seeder product mate. Shastain The protocol is capable of processing 9,000 transactions per second. That's pretty darn good 9,000 tps We built immutable as a zk rollup Zk rollups are a crypto method for verifying and settling transactions in mass So instead of just doing so really what it is is like this rollups put it as simple as I possibly can And I'm not a very technical person go watch hashoshi that guy's a genius. He knows a lot of things. He's in my description So zk rollups are doing one transaction on the network They're going to roll up a ton of transactions whether it be a hundred a thousand ten thousand whatever else it is On a layer two send it over and it's only one transaction instead of Of all the ten thousand instead of one one one one one all the ten thousand Which will really free up the whole network and that's what we're talking about So I will take something like that now. I took a look at immutable x As far as what it has a nice website So a lot of people have great websites and it seems pretty interesting zero gas fees instant trains and scalability for games Applications marketplace it's without compromise. You've got zero gas fees for peer-to-peer trading set your own trading fees No, cuz they will risk keep your private keys. I doesn't see that just like I talked about right And then it goes on all the different things that it has I actually sent out an email to them Because I could not find their like twitter accounts or instagram or any of that stuff So uh, I'll just I sent an email Hopefully they can come on the show and just talk to us about how this actually works And then we talked about zk rollups, but here's the thing If they have something like this going that well on openc because right now you can go to openc I think it's openc.io. I'm not for sure. Don't check me in the comments But you can create an nft. I've created a couple nfts and I've sold them One was me in that shill kank t-shirt the other one was the first Thumbnail I used for my first video when they sold on openc Had there was no transaction fees to create them when I was like, well, how does that work out? You know, so here's my question everybody So if we have something like this and it works out pretty well for nfts Why can't we create a dex out of this? Why can't we do other things that ethereum should be able to do? Maybe this is the thing that visa was talking about as far as partnering up and uh putting usdc on their platform Usdc is a stablecoin. It is an erc20 stablecoin, which will run the ethereum network So maybe this will actually happen and this is what I'll just tell you after this Yes, I'm hard on ethereum, but I'm only hard on those that I love That's really what it comes down to but honestly If you're going to put your money into it again, they work for us not the other way around if they fix those things I'm happy everything is good and I'll change my mind So if this can happen, I see big things now as this all went about at no point in time Did I say I'm going to sell all my ethereum and put into something? I'm just not that way I have an exit plan and last time when I hit 2000, which was I think about a month or so Over the month and a half ago. I sold a little bit of ethereum as per my exit plan But as things were I was not being very happy with them It wasn't like I was going to sell everything and put it into tomato coin or whatever else, right? I'm just not going to do that I'm just going to wait and see what happens pretty smart people will see what it is And I know some people had said like they give me a lot of slack for talking about cardano I don't understand. I think cardano could be still be a great thing. Again. I'm just an investor. It's not a religion It's not that I'm putting all my emotions into it You need to take that out of the equation and if it makes your money, then it makes sense So that's really all I'll say and uh, hopefully I wish the best because uh, right now ethereum is my second biggest hold Cardano is my third biggest hold and on down the line. So hope it all works out. Anyhow, let me know what you think of the comment section Let's move on to our next piece Which was I want to talk to you real quick about so we're still in porto rico We're actually going to stay a couple more days because we need to close on this new property that we bought and The the thing that happened is that I was quite a little bit short as far as liquidity process so I need a little bit more dollars And I actually had instead of selling my crypto, which I didn't want to do right now I actually went ahead and did a loan with Celsius and I talked all about the process and how it's going to work So you can check that video out link at the very end But there's one thing I want to make mention about this one Which was pretty amazing to me. Have you ever gone to get a loan at a bank or any place else? It sucks and you have to go through the whole process You have to give you know, they have to do a background check They have to take a look at your uh, the three credit reports to make sure that your credit's okay They have to look at your loan to value or uh, loan to debt ratio and all that stuff And then they say well, we'll give you a little bit of this and it's going to be Whatever five percent seven percent ten percent or whatever The terms are at that point could be lower could be higher With Celsius. It was awesome one of my phone. This is the second one. I've done two Clipped on the Celsius clicked on borrow said I am wanting borrow this much. It was 1% apr It that was at 10 p.m. Two days ago 98 no it wasn't 9 a.m. By 9 10 30 or so afterwards they send an email They say hey rob you got to just to verify this is you send us one piece of information has your address on it I did that 30 minutes later. They approved it One hour later That money was in my bank account That's amazing. So within 24 hour time frame. I got a pretty sizable chunk of cash For putting up my collateral of my bitcoin now again just to reiterate When you do that you do not lose your bitcoin. It's it just put there as collateral You will not get interest on your bitcoin because they are they are putting it up and they are going to rehypothecate that I've had alex machine see on the show who told us exactly what they do. So it's very transparent And then once even if bitcoin goes from 60 000 whatever it is all the way up to a million dollars You still whatever you owe like let's say for example, this one was 10 000 dollars I'd have to pay 10 000 dollars And to get my million dollar bitcoin back and that's it So I can see how this will work out pretty well, which leads me into my next point Which was something that crypto cowboy talked about as far as the comment yesterday. He goes. Hey, this was pretty good Actually goes here's my genius plan. I'm going to borrow against my bitcoin. I'm going to use cash to buy and stake theta I'm going to use the t-fuel rewards to pay the interest in the loan And watch the crypto growing value for free and I thought yeah, it's pretty good. So there is a website Let me show you real quick Nice and I talked about this yesterday. It was called stakingrewards.com. I think it was let me pull it up Yeah stakingrewards.com and you can take a look at the top projects that give you the most interest for staking So even if we're on a bear market and I don't know when that bear market's going to come I don't know if it's going to be super prolonged or whatever else But even then you're still going to make some interest In in the cryptocurrency. So cardano polka dot look at polka dot 13. It's pretty good avalanche 5 percent ethereum 7 percent But again, you got to lock it up for some of these and some you don't salon 11 percent 41 percent for tera man. I got to tell you I have tera. I bought tera pretty happy with what's going on so far I need to stake that on top of the fact we just talked about storm x at 15 percent So if you can do all those things and you can borrow, you know, borrow against it and stake something else Get those rewards and then pay off this. I mean it only makes sense and then Like I talked about with with mine Make sure that when you're doing these things that the loans that you take You're making that money work for you. It's not just like you're going to take money sitting in the bank count Nothing with it. That's not how it works. You need to take and I shouldn't say like that This is not investment advice. This is the things that I am doing I am taking that money that they give to me and I'm putting it into an asset that is going to be Passive income essentially so I'm going to put that into an investment property I'm going to rent out that investment property on air bnb And we all already see on the island in portorico There are a ton of people coming in here a year round and people are renting it out and it's in high demand so I will take the money that I gained from that pay off the loan and That'll be it get my bitcoin back in so much time however much time I need And it'll be worth whatever and then I can just keep doing that again and again and again Over time, I'll probably do some more videos, but I thought that was a pretty good one And that was what crypto cowboy said and also I want to talk about where to go Bobby gigs Bobby gigs said this he goes He says trade fight call it elok an equity line of credit depending on the ltv a bitcoin loan would pay for itself over time This is something that michael sailor talked about so again, you know, you'll have Uh bitcoin miners they will take out a loan against the bitcoin and they will slowly pay it off from the revenue They can't for making more bitcoin fly wheel and everything works out. I'll cover this more in detail later But that's what we got anyhow, that's it for today So thanks so much for stick them into the end if you got some value out of it Give it a thumbs up help the channel tremendously also consider subscribing I think we talk about our time sensitive and that is all for today I'm going to link up two more videos that we talked about on the left and right So you can watch those after this and that is all thanks so much. See you