Crypto News: Is It Too Late To Buy Bitcoin in 2024? (Cardano & Solana Update)

Crypto News: Is It Too Late To Buy Bitcoin in 2024? (Cardano & Solana Update)

the second largest bank in Europe is now officially buying Bitcoin this is the next Domino to fall I can’t emphasize enough how big of a deal this is in terms of institutional Bitcoin adoption this is through Black Rock ETF we know this per recent SEC filings and this is extremely good for one side of the coin which is the number go up aspect of that right um and then the other side is the revolution aspect this is indifferent to the revolution because they’re just getting exposure to the ETF but this is a big effing deal and even though the amount is a small amount relative to the assets they manage Europe’s second largest bank with over $600 billion in assets under management has invested around $40,000 into black rocks Bitcoin ETF this is the first baby step out of many giant leaps that showed this Bitcoin Bull Run is number one still very much institutionally driven and number two has really only just begun because as a number go up does its thing as Bitcoin 10xs 20 X’s from here uh what do you think they’re going to do that very tiny allocation they’re going to say ah you know what it’s probably a good idea to uh to get some more and while buying Bitcoin today is not early right being early would have been buying somewhere like this or like this by the way subscribers of altcoin daily are feeling pretty good right right now and while today you could be earlier you’re certainly not late because retail still has not arrived yet at this OSU commencement speech from just a few days ago listen to the crowd’s reaction as he pitches just the value of Bitcoin this is how it started this is exactly what was said great investors are open-minded and understand things before other people so I know this might feel polarizing but I encourage you to keep an open mind right now I see Bitcoin as a very misunderstood asset class it’s decentralized and finite which means no government can print more [Music] will everyone laughed at Bezos for Amazon being unprofitable in 1999 elon’s Heroes including Neil Armstrong told him Space X would never work in 2012 asymmetric bets require a level of conviction that may seem crazy to the average person if it didn’t it wouldn’t be asymmetric salana is proven to be the blockchain a choice for and if you’re interested in joining this revolution staying up toate on crypto with one video per day click subscribe we’re going to finish what Satoshi started and create a dream for everybody and what’s next for cardano cardano plans to conduct the Chang hard fork in Q2 of 2024 to promote decentralized governance we’re going to finish what satoi started and create a dream for everybody something that enables Millions to billions of people to have their decentralization resilience their self- sovereignty their economic agency to have their human rights protected in a system that can’t be evil and is it available to everyone in the world not just the privileged few who happen to be born in the right place boy is that hard oh yeah and yeah you’re G to have some friction along the way because if you’re doing it the right way all the people who aren’t they have to somehow some way poooo you and throw you away because you expose all the dirty underbellies and things that they do so within the next two months this Milestone event marks the beginning of the minimum viable Community run governance in the blockchain ecosystem meaning cardano’s governance becomes more decentralized the first phase involves the introduction of delegated Representatives DS who will serve as elected representatives responsible for representing the interests of the cardano community also alongside the Chang hardfork a constitution is being formed the culmination of this process will be a community vote on the approval of the cardano Constitution if this is approved the Constitution will become the Cornerstone of the decentralized governance mechanism that guides the future direction of the cardano blockchain also we have chain link news chainlink chosen as technology partner for hkdr the Hong Kong dollar stable coin and how chain link is being used Rd Technologies has integrated chain Link’s ccip and proof of reserves to power its Hong Kong dollar stable coin CEO of chain link Sergey nazro shares the insights from meetings with financial leaders in Hong Kong London Singapore Sydney and more why more and more established entities are choosing chain link I’ve made sure to meet with the Central Bank the country’s exchange the country’s clearing and settlement system the top four five or more commercial Banks and some of the top buy side Asset Management firms these meetings have given me a view of what is required to make a transaction work in these different Financial ecosystems and also how a transaction can work across these Financial Centers which is where the real opportunity is in my opinion the things that I found is that the problems are Universal in the fact that transactions need data transactions need connectivity and transactions need to be compliant it is actually these problems that chain link has been successfully solving for years and Mina protocol making news Mina developers are cooking looking at the most active cryptos based on GitHub data for the last 6 months Mina comes in at number two second only to ICP and one of the reasons more and more developers are choosing to develop fora is because of the ZK Tech and how that can revolutionize identity data is always going to be important what changes though is how it gets used zero knowledge technology would provide a way of proving certain things without exposing your entire identity providing something like a zero knowledge proof layer that the mean a protocol can provide is just an incontestable proof that something is true imagine a little QR code playing there that people can then boot up their Mina application on their phone scan that Ur code and know that hey that that’s not a deep fake that’s the real deal so Lana also making news so Lana could flip ethereum in transaction fees within a week let me share with you the data but just understand this is actually transaction fees Plus meev or maximum extractable value so Lana will flip ethereum in transaction fees plus captured meev either this month or maybe even this week and moreover Solana’s $2.8 million total economic value was near ethereum’s 3.1 million total economic value on May 7th so this is the chart that we’re all seeing and while ethereum near the beginning of the year was outrageously beating Solana by lot today Solana is gaining big Solana is proven to be the blockchain of choice for retail investors that’s actually a good thing because it creates Network effect you know you need financial Market participation to create Community value and Community effect so it is a buy even though it is showing some congestion at times and it’s not perfect and finally an update on Lime wire we shared with you this initial story last week might have seen it last week on our Twitter X Channel already we’ve announced it there and made it very public we’ve just integrated with BNB Greenfield B&B Greenfield is pretty much a decentralized uh storage provider used by or created by binance smart chain so by the binance ecosystem so this means all artists and users generating AI with lime wire can now benefit from decentralized Storage part about it is as I just mentioned is a it’s a decentralized storage space so all our AI content will now be stored on B&B Greenfield the big benefit for Creator is is really that they have now full data ownership of of all the content they are creating online why it’s completely decentralized nobody can really play with it um or or intervene in any way so full decentralized ownership which is exactly what we are striving for in a web free space well the news today is this we are already the number one most active Bucket over the past seven days since we’ve launched so that’s right really nice to see that we are really one of the most active communities on BNB plus if you look into the top storage usage markets so really those projects which are using the most storage which are uploading the most data we are um at spot number nine already after 7 days if you’re looking to buy sell or trade any one of these cryptocurrencies join me on buybit now earn up to $3,000 in rewards starting with using the code altcoin daily there are exclusive benefits for referred users linked down below like all we see tomorrow

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TimeStamps:
00:00 Intro
01:18 Too Late to Buy Bitcoin?
03:08 Cardano Chang Hard Fork
04:47 Hong Kong Stablecoin Adoption
06:06 GitHub Data Ranking
07:05 Solana to Flip Ethereum?
08:13 Limewire Growth Milestone
09:39 Final Thoughts

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