Get up to 100 & trade bitcoin

Get up to 100 & trade bitcoin

so the Ethereum 2.0 upgrade that so many of us have been waiting for has finally made some progress and this upgrade may change the entire crypto market for as long as we know it in today's article,  let's talk about when we should expect to see the upgrade rollout for this year how it's going to affect the market and let's finally talk about what you should be doing in preparation for this upcoming movie as well.

see what is going on in the market for today so the global crypto market cap for today sitting at 1.91 trillion dollars a bit of an increase since yesterday's update which is sitting at around the 1.83 a  trillion-dollar zone so it's good that we're starting to see money back into the market closely entering that two trillion dollar mark which we were at before the start of last week. 

 now the reason for this increase in volume is going to come from bitcoin getting a  little bit of a lift-off up about 2  for the day in addition to many other coins in the market still riding about at the same level there's still sitting at the 3097  mark not doing much and if I'm being frank I do think the crypto markets at least for this week in terms of price action has been rather boring bitcoin isn't really dropping down any lower than it has been it's staying within the  40 to 42 000  range Ethereum is sitting right at 3 000  I just want to say if you are reading these updates right now you are doing an amazing job because you guys are going ahead and doing what  99 of traders should be doing and that is still to be prepared even amongst boring times like this now that being said.

there have been some other cryptocurrencies that have been moving up in price bitcoin cash is up 10 we see a compound up 8.93  apecoin is up about 7.83 today or up even 16  just in the last seven days I will be covering some additional news about apecoin because there is one rumor on why apecoin is going up so I wouldn't sleep on this token just yet even though it hasn't been the most exciting crypto since their launch I do think there's still stuff coming up so make sure you guys subscribe because that education will be very fire as well.

 I do think it'll make you guys some money too in terms of the biggest losers for this week we have waves mina tara luna which is still down 19.22  at seven dollars but up a little bit,  we're seeing some green two-point fifty-six percent we have zeal still going on the downtrend down about eighteen percent cello down 16  and other all coins still getting a  little bit murked in the market taking a  look at the fear and greed index for today.

 you'll notice that we are seeing extreme fear all across the board for this day we're sitting at a 25 where just yesterday we were at the neutral levels even seeing some greed at one point just because the markets are rising now what we like to do on this channel is also take a look at the tv and we're gonna get this data from defying lama the reason why this is important for any of our newcomers on this show is because we can see how much money is getting locked up on a lot of these other protocols this will include Ethereum where you'll notice that there hasn't really had any type of major sell-off.

 but it is still correcting and today it looks like we are experiencing a little bit of a  bounce in the market you'll notice that tara luna has had that sell-off though and this is reflected in the price action of what we've been noticing within the last week and when we see other cryptocurrencies like an avalanche which is holding steady having a little bit on the daily going down and then Solana which is progressively going down it can still give us an indicator on where the money is headed where the money is flowing out of and what you should be doing as an investor going back into the overall travel yes we did see that insane rally leading up to April and now seeing a bit of that correction in the market but pulling it all the way back.

 you'll notice that really isn't too much a big of a deal just because it is still in that upward trend now for the reason why you guys probably clicked on this video other than to see my handsome face let's talk about what is going on with Ethereum all right so when it comes to Ethereum we've been getting a lot of news on what's going on and a lot of this actually started out with this tweet right here so just a few days back we got a developer for Ethereum making this tweet so they say we're very close to a historical event we're testing pos which is no a piece of whatever you're thinking it's proof of stake on Ethereum.

 today will be the first mainnet shadow fork ever and we're roughly 690  blocks or two hours away from tdd shortly after that we got a response to that tweet from the same developer stating by the way the mainnet shadow fork was a huge success nevermind and bisu stopped at the transition but a fix is being deployed for nethermind all beacon chain clients are currently in agreement clicking on the link we can also take a look at a lot of code.

 if you guys are computer engineers or scientists you may know what the heck is going on I will be real I'm not even going to try to fake this at all I don't know what I'm seeing on my screen just seeing a lot of codes numbers and things outside the scope of brian judge's intelligence so in case you didn't know the crypto community has been waiting for Ethereum 2.0 since around December of 2020 and now there has been a lot of real progress that's been done and this is a huge win for the overall markets the way this works is that.

  there are multiple phases one is going to be called the merge which is still in the works and it's expected to be completed by quarter two or possibly slipping into quarter three now some of the benefits of this change include about a cut of 99 of what Ethereum energy is currently using now another massive pain point for Ethereum is those gas fees if you guys have used any d5  protocols or have even tried to buy nfts off of the Ethereum network you'll know how much it adds up I take a lot of precautions to make sure that my own nft portfolio is secured it is actually now approaching the 1 million mark.

 so I do not want it stored on a regular hot wallet because we get so many stories of people getting hacked day by day everyone's getting their wall attack they click on a link or they hear about some mint which is a phishing scam that drains their wallet transfers the NFC  out I want to avoid that it gets annoying because as you can see on your screen the Ethereum average gas price is still fairly up any time I make a  transaction I'm usually spending 40 or  50 dollars just for me to move my nft from one wallet to another.

if I'm doing that a few times throughout the week I  do think it adds up over time with the Ethereum 2.0 upgrade that's coming out that is something that they're looking to solve now although Ethereum hasn't been too exciting since this past week I  am still very bullish on the price action of Ethereum long term taking a  look at the market cap sizes Ethereum is still about a half of what bitcoin currently is even with the volume it's still roughly about a half of that and if we take a look at the coin perspective we can get an idea of what would happen if Ethereum ever matched bitcoin's market cap of 784 billion dollars.

this would still result in a  110 upside we refer to the flipping a  lot and if you guys are new the flipping is just pretty much when Ethereum can overtake bitcoin in market cap we're about halfway there and I know a  lot of people get controversial with this we get bitcoin maximalists who will die hard for bitcoin on any day saying this will never happen Ethereum will never overpass bitcoin but I do think with upgrades that we're seeing being made with Ethereum this could be a  possibility that we do see in the future let me know your thoughts down below if the flipping would ever happen in our lifetime or if you think bitcoin is still always going to stay number one now the Ethereum developers went ahead and implemented the network's first-ever shadow fork on Monday marking an important milestone in the ongoing shift to the proof of state consensus.

 so these developments have also created a bullish sentiment for Ethereum and it's making the idea of earning passive rewards on the Ethereum network a lot more attractive coinbase even hinted at the rumor that investors could stake their Ethereum and earn anywhere up to 15 back on their investment 15 back on a growing asset is insane and I know a lot of people are interested in making passive income, especially within these markets.

  so I do think this would even further boost the price of Ethereum once we're able to see these proof of stake upgrades take place now the number of safety theorem on the Ethereum beacon chain is fast approaching 10.9 billion with the average balance currently at  33.5 Ethereum on top of that Ethereum currently has 340 000 validators which represent a gain of 13 from early march when the 300 000th validators were first recorded.

 now before we go into some of the next major crypto headlines in the news let's talk about a just real quick fix   ftx.us has about 85  cheaper fees than most of their competitors you can find yourself saving money by using their exchange which has been reliable and has been doing a  killer great job fix also went ahead and gave us a special promotional link that is gonna give us a hundred dollars if you go ahead and sign up using the code Jung now you can be eligible for this if you deposit a thousand dollars.

 but even if you don't do that you can still find yourself earning a pretty significant amount and on top of that if you want to find yourself earning free crypto on every trade over ten dollars you can do that by checking out the link down below thank you to fix for sponsoring this article and on to the next topic back to the topic of a fix I guess the segway was there I just didn't follow up on it they went ahead and backed animoka for 500 million dollars which is a crypto gaming platform on tara now in this brief they also state the c2x blockchain gaming platform on terra raised 25 million dollars in a  private token sale.

 the round values of the platform which is led now to be at  500 million dollars this is coming from a South Korean game publisher com 2 u.s which also has increasing ambitions in the crypto gaming space now I'll tell you this when it comes to the success of many other games I think these two words really stand out first of all Korean Koreans not being biased here they really know how to step up the game they know how to develop a lot of amazing things within the market and even in Korea if you guys didn't know we have something called pc bangs they're literally dedicated computer labs.

 if you   think about school or college or  high school yet your own computer labs  think about those everywhere just on the  street at least within the main city  where people go there just to game and  play computers the reason why it is  significant in this is that it just  shows the culture of how important  computer and gaming is within Korea and  when they're stepping up and have this  much money to back it,

 I do see a lot of future potential as well they also do mention that beyond those investors they also have tara  krypto.com galaxy interactive Hugh boy and the walking dead IP holder sky-bound now c2x is built on terra and tara luna's coin is currently the seventh-largest cryptocurrency by total market cap Anamosa is also the publisher behind the upcoming Ethereum based metaverse game the sandbox an investor in notable crypto startups like opens dapper labs and axis infinity now although that article was from a month back we are getting more recent news talking about animoka's next moves in acquiring Eden games to make crypto racing games after the f1 shutdown animoka games have acquired long term racing game Eden which is also going to be powering the existing blockchain racing games.

 now animoka brand's currently valued at 5  billion dollars and I do also want to make note that this entire space is going to continue to grow the reason why we're not seeing an explosion right away is that games take this one thing which is gonna be time and money it takes a lot of time to develop and build things out it's gonna take a  lot of money to do the marketing and to have the team to create the games but once they are established by then it may be too late to onboard very early on so you can maximize your opportunity.

 when it comes to the crypto space there are plenty of ways of making money last night while scrolling through Twitter I also found this pretty great thread actually just giving us a visual on the different ways that you can make money within crypto by seeing this obviously you can see how to make money in crypto you can buy and hold there's all coin trading there's not flipping there are yield farming leverage trading things that we've discussed a lot but alongside those, we have many different branches that you can continue to expand.

 I think one thing they are missing is the opportunity within the play to earn games or specifically, metaverse-related plays that are coming up the point that I'm trying to make here is that even though there are hundreds of ways to make money within the crypto markets even maximizing airdrops or just getting on whitelist you need to find the one that you enjoy the most if you hate yield farming you hate the numbers you hate the volatility then maybe that's not the right thing for you but you know as an example I've been getting more into nuts lately it was something that I wasn't as passionate about a few months back and I'm learning just how fun it is while also being able to make money and do research we only have so much time in the day.

 especially after you eat you know you do your thing you sleep there are really so many focused hours you got if you're trying to be a master at everything usually what that results in is you being a master and none narrow the blinds on what you're looking at try to have a bit more focus and find your passion within the markets and then double down if you love all coin micro-cap trading using leverage and you're an expert at that focus on it there's no need for you to tap into NFTs or any other parts of the market but if you don't know what you want to do try different things do the research involve yourself continue to soak up this information.

 because once you do that is when things start feeling great if you're able to make money while you do something you love I think even right there leads to a very fulfilling life now just to wrap this entire video up we also did get word from the Fortnite developer epic games which are going to drive 2 billion dollars into the metaverse efforts so they're able to secure funding from sony group for one billion dollars each and then also from the parent company or family-owned company of the lego group called kirk bi with the approval of this deal epic's post-money equity evaluation is going to stand at 31 billion dollars now although it is still nowhere near the top 100 of major market caps of other banks companies.

 institutions that are still a lot of money to expand on what we've been seeing give it a like on this tweet we got word that epic games were announcing that partnership with lego and here's what they state the two companies will team up to build an immersive creatively inspiring and engaging a digital experience it will kids access to tools that will empower them to become confident creators and deliver amazing play opportunities in a  safe and positive space this does not mean lego and Fortnite but epic games are working with them to create a digital experience and with references of the metaverse it doesn't rule out anything to do with Fortnite now when it comes to the internet and decentralization I  don't know how they are going to keep a  safe and positive space.

 I think there's always going to be you know internet trolls or you know people who get in there and make that kind of difficult and I really do think that because a lot of this is centralized they may have the opportunity to do so.