what is going on guys Patrick here bringing you a brand new video saying we
got another killer video for you guys full of information I'm going to be
talking about ripple potentially being a security nano Tron as well as lots of
other news that went on at the cryptocurrency space but guys before we
get start with that if you guys are interested in winning some free Bitcoin
all I guys have to do is number one be subscribe to the channel and have your
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leave a comment down below saying something related to the video you guys
leave as many comments as you'd like and I'll do my best to answer every single
one not to mention it does increase your chance of wait but let's jump right this
we have some awesome news and today is a good day for cryptocurrency we are in
the green spoiler alert phone we get some part of the video where we look at
the market we are in the green sedan things are looking a little bit better
after the last few days things have been rough the last few weeks actually we've
seen a lot of red but now some green is here hopefully give us a little more
faith in the market the first news though Square acquires New York State
cryptocurrency license so Square is a pretty huge company I don't know if you
guys have heard about him but shares of square are up today following news that
the company has received a bit license from new york state of cryptocurrency
transactions on its peer-to-peer money transfer app Square cash so this I'm not
going to go into too much detail from it but this is another step for adoption
we're getting more and more applications more and more companies using crypto
currencies and getting licenses to use it correctly this is a big part in it
which also comes with the regulations of crypto currencies which are probably
going to be coming relatively soon we've seen the SEC declare that aetherium is
not a security which was huge and great now we are going to see more and more
companies adopt crypto currencies and do it like I said the right way so this is
just the start I'm very excited to see everything that's going to come from
this and how many more come how many more companies are going to actually
adopt crypto currencies like I said this is just the beginning the next piece of
news is pretty interesting so Paris Hilton's hotel mogul father's so the
father of Paris Hilton is going to is selling his 38 million dollar mansion
for cryptocurrency we accepts Bitcoin there's a few things
to think of when this comes into it now one thing is a lot of these investors
what I think they might be doing a lot of these very rich people I think they
might be doing is selling an asset like 38 million dollar house for some big
coin and that being their investment in Bitcoin so the Indy investment he has in
real estate he is now selling a part of it and put in order to put it
potentially in cryptocurrency that is what I think he is probably doing I
don't think he would get the cryptocurrency and then sell it cuz by
that logic it would make more sense for him to just hold Auto it would make more
sense for him to just do cash but when he does Bitcoin I think he might want to
hold on to obviously I don't have connections them so I have no idea of
what he's thinking but this is a good use for cryptocurrency and Bitcoin
particularly one I think that we are going to see happen more and more
especially in the beginning I think we're gonna see these big transactions
being used there was also another news article similar to this so I didn't open
it up but it was for a art a piece of art of painting I don't remember exactly
what it was was a piece of art and it's sold in an auction for cryptocurrency it
was a few million dollars with the cryptocurrency these big transactions I
think are significantly easier in cryptocurrency selling a few and then
sending a few million dollars is pretty much the same thing as if you were to
sell a smaller portion right it's just you put the wallet address you send it
and that's it as long as you have the wallet I just correct though that is a
big big thing you don't get that correct that's not good but anyways one thing
that I thought would be interesting obviously none of us are gonna be able
to afford the 38 million dollar mansion but could you imagine if we all pooled
our money together we all put our Bitcoin together we get 38 million
dollars and we buy ourselves a cryptocurrency hangout cryptocurrency
hangout that'd be pretty cool but anyways moving on let's take a look at
the overall cryptocurrency market cap 294 a billion dollars getting back up to
that 300 billion dollar mark hopefully we do see it relatively soon Bitcoin
dominance down to 39.6% after having hit 40% now guys look at the green today
this is exciting oh and we went back let's get this open
again look at the green today guys this is
exciting this is what we'd love to see some huge moves by Tron oven that we see
ontology up 10% a lot of big gainers not too much rent as you can tell scrolling
through not a lot of right if we do look at the 24 hour change let's see the
biggest mover was Tron followed by who won't be token followed by a few others
factum ontology is there too nano a big movie you guys know I've been talking
about this more and more recently I think it has a lot of potential 0x up
10% as well another one that I really like I owed us up so many crypto
currencies are up guys if we look at the negative you will see that we have a few
crypto currencies that we don't talk about much being down so not too
surprising finance coin a lot of people use it as an alternative to tether so
that's why it's down when the markets up people are probably selling it in order
to put money into an actual into a particular cryptocurrency that they are
interested in putting their money into we have kins down buggin there's not
that many you guys can tell everything fits on a small screen compared to the
amount of gains that we see so today is a very good dance I want to talk about a
few things in particular first one being riffle XRP up 7.6 3% today at 55 cents
still very underpriced in my opinion of cryptocurrency that thing has potential
to go a lot higher but the uncertainty with it right now that people are
talking about it is is ripple a security so we got cleared that aetherium was not
a security by the sec and now we've seen that FinCEN they declared ripples xrp
coin a currency not a security but the SEC decision is currently still pending
so that is the little bit of uncertainty most people are leaning towards saying
ripple is not a security because of the for one of the reason is the fact it's
independent XRP from ripple the company but we're gonna see exactly how that
plays out and I will obviously keep you guys updated on the situation moving on
though like I said I think I think ripple does have its place I think it
has a lot of potential given everything works out correctly for it I am excited
to see the news though but now information about Nana which is up
10.4% and i want to talk about it more cuz Nana was one that I've been talking
about since like December I've been keeping an eye on it I think it is a
very good cryptocurrency very very undervalued at 37 rank 37 and a 341
million dollar mark at this point could easily see a 10x just this year in the
number one place you guys can get it is on Finance so if you guys don't have a
finance account I'm gonna leave a link in the comments and the description for
you guys but I would highly recommend making an account on baiance it's very
good now even though I'm not a financial advisor and this is not financial advice
know that I am definitely looking at scooping up some more nano as it is very
very cheap right now very undervalued simply from its all-time high which was
all the way over here January 2nd at $34 guys it's set at two point eight six
dollars right now take a look at that and yeah there is a ton of room for this
cryptocurrency to grow I'm excited to see what it has in store but in the news
for nano a lot of really cool things in the news as well if this does load than
I will obviously share with you guys now exciting news Fernando this is the
developer update and wallet so they have decided to them announce that they will
be releasing a weekly development development update this will keep the
community the Nano community updated on everything that's going on all their
newest partnerships all their newest just everything all the newest
developments that they have this is this is huge and I think we've seen a lot of
other cryptocurrencies do this keeping the community up-to-date especially when
the market is down and everything is bleeding everyone's seeing red keeping
the community up to date with what's going on and the progress and being able
to see that there's actual growth and there's actual reason to have faith in
this cryptocurrency still I think is very big and a lot of crypto cases that
don't do this definitely definitely should so the past
week's most exciting development was were according to Nana were Theo Wallace
so Android and desktop wallets are slated to appear that appear this week
and will be open source when they go live so some big news Fernando here I'm
gonna definitely be keeping it up keeping an eye on the weekly development
update I'm very excited to see what they have but along with this they also have
100 the 100 Leger nano s giveaway so if you
guys want to enter a chance to win that go ahead read the articles see what you
guys have to do to enter but I thought I would share this information with you
guys because who doesn't love free stuff everyone loves some free stuff always
good to get some free legend nos in case you guys don't have one I highly
recommend getting one it is very good for a lot of things I personally keep my
ERC 20 tokens on there with my ether wallet I have my private key on the
ledger Nana West which is how I can access it on whichever computer I am on
that is how I use it there you can also store obviously a lot of crypto
currencies on there but I'm not going to go into detail talking about that sean
is up 21 percent today and the reason for this is actually pretty obvious well
first of all trongs tokens lock in 3 days this is the final countdown for
Tron I think a lot of people are getting in
in order to have their tokens for when the exchange happens obviously the
tokens are going to log in 3 days and I think this is going to be big it's gonna
be the TRX migration you guys know what's coming up it's going to be on
June 24th I believe and according to the tweet we see right here already more
than 25 exchanges are supporting the TRX migration so in 3 days they're going to
log by the time you guys are watching this I don't know if they depends on
when you watch this but I don't know what the situation is going to be so
make sure you are staying updated I think this is one of the big reasons for
us seeing the actual Tron growth in price right now why it is the leading of
the leading price growth in the last 24 hours you guys can see also looking at
some technical analysis on it now obviously the fact that tokens are
locking is the reason it's up today but if you are interested in looking at some
technical analysis we can look here and see Tron is positioning well for a long
overdue bullish breakout as the weight of the bear market finally lifts after
releasing the Tron chrome plug-in last week along with a recent acquisition of
BitTorrent and the token migration expected in the next two days the trunk
community has been eagerly awaiting for Theo x2 the TRX to start showing promise
and now that is true it is outrageously overdue with all the big news has been
going on for truant I'm excited to see them actually start to see some
see these type of games these are the games a lot of Tron a lot of the Tron
community has been waiting for yeah like I said there's been a ton of great news
for Tron recently and you know the bearish market and this is the same same
case with a lot of cryptocurrency it's been a lot of good news a lot of overall
positive news for crypto currencies in the last few weeks and even months but
the markets still continue to fall this is long overdue hopefully this is the
reversal for the overall market obviously we don't know for sure it's
still way too early too way too early to tell but looking at what we are seeing
so far this is definitely a start right guys we have to start somewhere
this type of green day is definitely a started Theory um's up to five hundred
and thirty four dollars as well very happy to see that as I do hold a good
amount of etherium and Bitcoin of course but yeah so overall this is a good
beginning for cryptocurrency let's open up the technical analysis what we have
right here look at the Bitcoin chart see where things are ahead because there are
a few things that I wanted to point out to you guys that I see a lot of people
miss and that honestly is crazy to me the first thing is when we were back
here guys just a few days ago we touched under the RSI again so this we went to a
26 I believe it was 26 RSI guys anytime the jobs below 30 it's usually a good
indication that now is the time to pick up this crypto currency so Bitcoin being
as it's on the lower end a lot so we touched it here we crossed under it here
these are buying signals if you did buy it over here you see that the price did
increase shortly after and now when it touched down here we're seeing the price
increase again hopefully like I said we will see this continue but only time
will tell guys hopefully you did enjoy this video if you guys did don't forget
leave a thumbs up and leave a comment down below in order to enter a chance to
win some free Bitcoin and of course be subscribed and have you notifications
turned on so you guys can see if you did win and you can be here to claim your
free Bitcoin guys thank you so much for watching I will see you guys tomorrow
for another video
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