 Welcome to digital asset news to get top stories and cryptocurrency and digital assets and break them out of bite-sized pieces Today, we got some pretty great news as a story comes out The Bank of Brazil becomes the first state back bank to allow customers exposure to a crypto ETF This is hot on the heels of the listing for Coinbase For their IPO or direct listing and the real question is is the United States not far away from also issuing their first Crypto ETF or Bitcoin Ethereum ETF on top of that We'll take a look at a nice little piece that talks about Binance destroys 595 million worth of BNB tokens in its quarterly burn, which is one of the biggest ones They've ever done. We'll take a look at Ethereum the London hardfork that is coming up in July On top of some great stories for avalanche these smart contracts platform And we'll take a little bit deep into that and see what's going on But first let's take a look what's going on into the market So today it is April 17th. It is a 10 a.m. El Paso, Texas time awful day cold Sturbing really gross not a big fan of cold weather need to get the Puerto Rico as fast as I possibly can But I will tell you this the market still is hot. We're at 2.2 trillion dollars. So maintaining I like to see that daily sentiment still a bit bearish because it's a little bit Wonky in the markets even dogecoin took a hit today But just so you know hottest on Twitter a theorem classic has been breaking out nano see a coin doge, of course verge P-chain Neo and Digibyte. Yeah, Digibyte is up pretty great If you watch a digital Dave over there crazy of cryptos He's been preaching the word about Digibyte for as long as I've watched him and Today I think is one of those great days that he gets to celebrate because I think Digibyte is doing pretty good stuff. So real quick on the coins Bitcoin's around 60,000 Theoriums, you know, roughly well a little bit of a dip 2364 and let's see in the up massively V-chain up massively V-chain doing great things. I own V-chain. I love it and just so you know, I'm super biased in this channel Everything that I only talk about. That's pretty much how it is and I skip the rest Except for avalanche. I don't own that yet. That's he trons up. Yeah, nothing too great Let's take a look at as far as the projected range That's what's great about trade the chain since been analysis We're gonna click on this and it's gonna give us to see what our inter trader could actually make a profit very tight margins today plus point six five for pirate chain Which were and the the ticker name is are which is pretty funny. I like that one It's a good one. I exec RLC wacky chain Celsius numera and NEM are something to look at if you're a trader But again, the margins are pretty tight and this middle number here is 90% accuracy So, you know, take it for what it's worth anyhow, let's break into today's top story That's what I want to talk about. So Bank of Brazil first a bank bank crypto ETF. What's going on here? Well, there was it was initially set for around April 22nd And then they said no, we're gonna, you know, push it back and then people were all worried about it They said, oh, well, they're gonna push it back. It's gonna stop But no just four days later. That's amazing for Brazil And I remember reading articles about how Brazil was being very heavy-handed for us cryptocurrency goes and different problems with it But it doesn't look like it's affecting it too much So according to a letter sent by hash decks to its clients the state-backed banking institution will be able to offer its customers the possibility of buying the crypto ETF of hash decks Bank of Brazil's customers could have exposure by investing in the fund which will replicate the NASDAQ crypto index NCI the new day of the ETF debut is set to take place on April 26 pushback from April 22nd Bank institution becomes the first bank in the world to offer such kind of exposure. This is the things that I'm always talking about in this channel It's not so much about like one big story. I mean, there's always like one big story sometimes, right? PayPal coming out and saying hey, we're gonna offer these four crypto assets Elon Musk saying hey, we're going to accept Bitcoin. We're gonna put 1.5 billion of Bitcoin on our on our sheets they're right in our Treasury and You know like something like this. This is the first state Back bank to actually do it. So I just see like all these things that are happening around us. It just kind of Gets into the public consciousness and just they start to realize that hey Cryptocurrencies and digital assets are here to stay because remember not everybody's like you and me now Everybody just gets it. I mean talk to anybody like we don't understand it So banks are gonna change the financial institutions are gonna change. There are so many things There is a I hate to use the word revolution, but really it is I mean, it's like there's a big uprooting and revolution really happening and The people that don't understand about the upcoming technology the ones are gonna get left behind They're gonna get blockbuster. So The hashtag crypto index hash 11 is composed of crypto assets Such as Bitcoin, Ethereum, Litecoin, Chainlink, Bitcoin Cash and Stellar interesting So to me like when I see something like this and that's really really the whole story. I Always think to myself. I'm like who cares who needs an ETF who needs these indexes and again It's just people who really are into the traditional finance sector, which is where all the money's at traditional finance I mean you've got just in derivatives you got 500 trillion sloshing around and so these people that like really want to get into it, but they really can't because of regulatory issues or safety issues and who's gonna put, you know 20 million of their net worth onto a nano ledger just doesn't make any sense So these types of things they can get exposure to it and they can bring the money in so I'm happy about this And this is just one more step I think until here in America we get an ETF Canada's already got it going on Brazil's already going on I'm sure there's other countries and of course for being left behind and I always talk about that's what I think is happening And yeah, let me know what you think in the comment section. Let's move on to our next piece So Binance coin one of the hottest coins out there besides doge for, you know, whatever reason Is burning 595 million worth of BNB tokens at the largest one so by now it's now it's Friday. It's burn over Over a million BNB tokens worth about 595 million it's a date That's 15.3% of its total supply and then about 35% of tokens are yet to be burned in the coming quarter and years 35% and Binance burns BNB token each quarter. So this is a very fast article, but it's just something I want to talk to you just say like If you think you missed the boat on Binance coin, you probably didn't and this is not financial vice I don't own BNB token and I know people say well, Robby get it here. You can get it there I can't get it on Binance us come in Texas, but I know those other places. I can get it I just haven't gotten into it, right? I've got like 40 different coins right now. I'm kind of saturated I've got my positions and I probably won't get into it I know people say you should really get into it. You're gonna look man. I can't get in everything That's just how it is. I've only got so many so much funds coming around. I my bank account I am broke. I am fiat broke, but I am crypto heavy and that's just how it is BNB token if you think you missed it, this is gonna be a juggernaut for years and years to come and look even even CZ Binance has said like He talks about decentralized exchanges and he goes they're gonna eat into our business But we're prepared for that and we have our own contingency plans I think that this guy has been in front of a lot of different things. I mean globally looking at it It could be great. It is great already So I think if you want to get into BNB token probably these are some of the times but not financial advice That was awful. That was even that was even worse than I've ever done before look Do your own research just remember that I'm just one person out there that just talks about it and never listen to any one person do a lot of Find a lot of different places That's actually give information and do your own research so you can find the right stuff for you and what's best for your family I'm interested in the comment section, but that's what's going on for BNB token. All right now moving forward. Just so you know There's three big events coming up for Ethereum 26th of April GGV liquidity 29th of April GV funds on Ethereum And then 31st of July London hard work. So what are these things? Well, first of all The reason why I talk about these things is because what I feel moves the market is news News moves the market so much Which is why I'm always recommending trade the chain because they have a direct API into Twitter Which is where I get a lot of my information from because it's the fastest way to get it on top of that It scours the whole internet the blog post for the different exchanges and this is where I find a lot of good information So Genesis This is called Genesis vision Is a cross market financial platform successfully connecting crypto forex and stock markets This is where the liquidity is going to come from as far as Ethereum. So again, I'm just telling you right now all these different old-time Exchanges not exchanges but financial institutions and what they're used to that have been built for you know hundreds of years I mean stocks bonds Gold and silver. I look I own gold and silver, but how you trade those things Those are going to be a relic of the past and we're going to have something like this So this is just one example when we get an avalanche. I'll even show you even further So these two things are going to happen. So maybe around that time You know want to take a little hard look into Ethereum also the London hard fork is coming up and just so you know This is I'll just skip all the the big stuff, but let me blow this up so you can see it So basically this is what it is what it's going to really come down to is that they're going to regulate the miners and go look We know that these gas fees are just crazy out of control So we're going to try to regulate and we're going to rain everything in and this is what EIP 50 59 And they're saying like look the proposal has been accepted to be included in the London hard fork Which is expected to come this July regardless of miners stances on it So yeah, I mean when you have something like that where it's like hey, we don't we We relish the the input that you're giving but who cares and we're just going to move forward So I'm sure it's a little bit more complex than that But in reality what they're trying to do is just rain all these different fees in and just Move forward because that is one of the biggest stumbling blocks for Ethereum right now. Can they fix it? Sure. Why not? I mean look, it's like the first ending of what's going on So we'll see how that goes so that these are things that are happening right now So you're looking at 26 April 29th April 31st of July So look for those dates for to see what would happen in the market as far as Ethereum goes and speaking of smart contracts Here's one called avalanche and avalanche I've been hearing a lot about and how great it is and again I got so many tokens. I'm like, ah, sure whatever another smart contract platform, but again Thing the thing with this is that there's not gonna be one winner They're there's not gonna be one winner in the financial institution game, right? We don't go to one place to buy all of our stocks We don't go to One place to get all our groceries don't go one place to get all our electronics It's there's enough room for everybody not everybody. There's enough room for multiple entries So I don't know which one's gonna be great. I don't know which one's gonna be good but right now I have my money in Ethereum and Cardano and This might be another entry into the mix It's got to do a little bit more research So just you know when you take a look at what's going on these guys got a lot of things happening I got ink incubator program finance integration block that migration Orion integration This is a Orion is a decentralized exchange which uses multiple platforms So you can trade them amongst a ton of different dexes and And centralized exchanges and kind of bring everything together for the lowest fees That is something that we should really take a look at because that sounds awesome Especially if you can get zero fees speaking of it's there's another one called zero zero dex Which is this they're doing Limited fees for exchanges. I don't know much about that. I just heard Alex talk on masculine talk about it So I'm not gonna say much about it. That's all I know and then more things going on. So again Real quick if you're looking for all these dates and what's going on this is from a website called coin market Cal and I had been listening to a bunch of different youtubers JR journey crypto JR NY crypto he's about as a Straight straight laces I am honestly, but he dels a little bit more into You know these lower cap gems and then so he it was I saw on his videos first And then I saw one on Alex Becker and I was like I got to use that sometime So coin market Cal is great because we can take a look at it. You can just see like this little Roll right here. This is where all the number of upcoming events are happening Which is pretty awesome So you can just like click on a Bitcoin and see what the Upcoming event is and again if it's big then you know It'll have this little crown here as far as like the significance of it So Ethereum that was a little bit as a 50 the Binance coin the burns and all those things That's about a hundred and then so on and so forth So when you look at like what products are hot look at the ones where they have a lot of upcoming events Polka dots got seven big events coming up Well 31 pretty good Theta has ten events coming up So take a look at that and then what else there was one else that Caught me which was avalanche. It's got ten events. That's why I'm talking about today I'm like hmm. Yeah, a lot of things going on. So I'd take a real quick look. This is not a deep dive But avalanche this video right here kind of just sums it up and I'll link this in the description This is from their official website and they're bringing everything together at least they're trying to insurance contracts Theory we're different blockchains collectibles lending Bitcoin income sharing agreements. They also talked about Securities stocks, they always talk about they didn't even talked about precious metals Just to bring everything together in one centralized place and it talked about how the market has like 800 trillion dollars Sloshing around in these segmented markets They're very ambitious trying to bring everything together. So is Cardano and so so are them so We'll see what happens, but I like this one. First of all transaction TPS. It's pretty good. You got Bitcoin at 7 at there I'm a 14 each Tendermint, I don't know what that is thousand avalanche 4500 and then some some basic other information that they have over this one, but we take a look at The price Because what I'm looking for personally as just an investor is something that hasn't already spiked like I would never get Dogecoin or 40 whatever six cents whatever one that's crazy And I think some people are kicking themselves I think it's down like 32 cents now and it might drop even more. Well, I look at this. I'm going back Which is I mean we go back to 10th of February and we can even go back even farther Let's just do this So yeah, so it was back in the beginning of the year You're looking at 12 12 bucks boy, I wish would have got it there, right? Then I went all the way up probably a launch may net launch or something $57 10th of February, but it's been pretty flat down here in the 20s Then I went all the way up to 37 and a drop down to 27 now. We're kind of going Sideways with a little uptick 39. They're down to like 36. So if I'm looking at something to invest in I'm looking at first of all, I always try to invest in the people as much as I can I took a look their team real quick looks pretty solid They got a lot of different financial backers then they've got this price action where it hasn't gone all the way to up to the moon already And they've got a lot of things coming up. So I Will not invest yet, but it is on my radar right now and again, this is not financial advice I'm just talking about the things that I know of so you can do your own research and go from there And that is it for today. So look if you made this far I want to say thanks for sticking with me a lot of things going on in the market great time to be in there I in my opinion if you liked the video and got value from it hit the thumbs up I would appreciate that also consider subscribing by talking about time sensitive. That's it for today. So thanks so much I appreciate it. See you on the next one