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Big Things Are Happening in Cryptocurrency in November 2021! (Solana, Ethereum, & Vechain NEWS) - YouTube
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all right welcome back everybody to
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altcoin daily my name's austin in
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today's video i want to share with you
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the latest news involving ethereum
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involving solana the graph v chain lower
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cap altcoins and much more if you're
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interested in making money with
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cryptocurrency click subscribe we drop a
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video every single day demystifying this
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cryptocurrency market
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let's jump in starting with huge piece
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of global awareness news involving major
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magazine the economist the economist
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magazine has just released their 2022
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cover depicting cardano ethereum bitcoin
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and litecoin logos
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and as you can see the issue is titled
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the world ahead 2022
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and like right here here are the four
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logos mentioned cardano's logo bitcoins
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logo ethereum's logo and you can just
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make out litecoin's logo this is pretty
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cool give me your thoughts on this down
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below huge sign of support from the
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economist and if they would have added
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one other kryptos logo which other
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crypto do you think should have been
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added to this cover feel free to sound
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off down below
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and next up let's talk about where we
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are with bitcoin and this incredible
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sort of launch pad consolidation we have
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built between a 50 and 60k btc
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from on-chain analyst willywoo using
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data provided by glassnode
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this is a contour map of every bitcoin
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at the price they last changed hands
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between investors
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it shows huge price validation between a
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50 and 60k btc
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bitcoin as a one trillion dollar asset
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class in my opinion is now cemented
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hard to see it dropping below this zone
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and essentially what this shows us is on
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chain volume based on where we were in
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bitcoin's price history for example in
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these lighter areas they do represent
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weaker areas where less actual
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transactions were taking place and then
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of course we see these much darker areas
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showing strength building support and
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validating these price levels now
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obviously anything could happen this is
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just one metric out of many to consider
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but to back this up on chain analyst and
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trader bob lucas agrees
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i think you're right
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this is the future bear floor
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in my opinion
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interesting stuff just something to
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consider from two analysts that i
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heavily respect i'll keep searching i
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will keep looking for more data and as i
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find it i'll keep you updated
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next piece of quick news for ethereum a
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bullish indicator for eth scaling
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andreessen horowitz has just led a 50
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million dollar investment in ethereum
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layer 2 developer mater labs they are
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one of the blue chips for each scaling
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matter labs is the company behind
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ethereum layer 2 scaling solution called
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zk sync and besides a16z they have other
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big names backing them as well including
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blockchain.com crypto.com consensus ok x
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ave wearable and much more and while
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there are a handful of prominent scaling
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solutions for you out there
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as explained by matter labs
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this one is the only blockchain scaling
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approach that relies on pure
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cryptography instead of collectively
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trusted validators bridges or watchers
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so this in part explains why we're
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seeing all these major names back this
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and now that matter labs has this
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injection of cash
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what are they going to use it for the
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company plans to use the fresh funds to
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bolster its scientific and engineering
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teams with new talent while also adding
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more focus on its business growth
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in a direct quote until recently we've
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been focused nearly exclusively on
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technological innovation
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now it's time to put a similarly
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concerted effort into reaching new users
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and developers
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which will require scaling our business
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development and marketing efforts and
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building out our community and ecosystem
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so if you like ethereum you like this
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this is a huge green flag for the future
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of the ecosystem
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let's keep moving
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next up huge partnership between basic
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attention token brave and solana privacy
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browser brave expands beyond ethereum
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and they have chosen solana
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today they announced a joint integration
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which will see the privacy browser add
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support for solano wallets earlier the
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next year i'm getting choked up talking
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about this add support for solana
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wallets early next year and essentially
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what this means is we could see millions
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and millions of brave users come on and
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be onboarded onto solana
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brendan ike the ceo of brave said
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with more and more users and creators
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requiring tools for fast and affordable
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access to the decentralized web this
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integration will seamlessly pave the way
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for the next billion crypto users to
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harness applications and tokens so plain
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and simple they chose the solana
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ecosystem because of speed
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and like i said if you hold solana what
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this means to you is
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this move could prove just as beneficial
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for the solana ecosystem as brave
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currently boasts 42 million monthly
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active users
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once the integration is complete in the
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first half of 2022
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millions of brave users will be exposed
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to a variety of new solana decentralized
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applications or dapps
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and in a direct quote from the ceo of
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solana labs on why he's excited about
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this integration deep integration with
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browsers is key to helping dapps build
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the best web experiences
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braves announcement of solana wallet
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support across all versions of their
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browsers is an important step to
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onboarding the next billion users to
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solana very bullish if you hold solana
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and next up i want to take 60 seconds
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and give a big shout out to sponsor of
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the channel cryptocurrency exchange ok
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coin and share with you why they are a
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better way to bitcoin join the fastest
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growing global cryptocurrency exchange
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with the lowest fees around which is
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true they do have much lower fees than
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other top exchanges like coinbase for
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example and they are fully regulated in
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the us which i like there's a link down
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below check it out great place if you're
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looking for bitcoin ethereum solana
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as well as a vast array of altcoins
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even
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newer altcoins
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like star atlas like miami coin and much
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more another thing that separates ok
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coin is their zero fee staking meaning
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you keep 100 of staking rewards which i
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like so let's check out some options
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we can earn stax altcoin by staking
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miami coin which is very interesting
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great apy as of now but obviously as
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more people join on these rates are
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subject to vary and of course many many
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other offers of staking as well polka
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dot cosmos cardano etc you keep 100 of
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staking rewards earned link down below
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check it out
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next up big piece of news involving v
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vechain
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v chain has been invited by shanghai min
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hong government to discuss its products
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use cases so interest is being shown on
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a governmental level vechain foundation
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was invited to an exclusive china
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international import expo ciie side
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event hosted by the investment institute
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of the shanghai minhon government as
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recently reported via the foundation's
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official twitter handle and basically
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what this means what was accomplished
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according to the report vechain
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foundation represented by its cmo was
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able to share live use cases of v chain
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thor's blockchain products and the
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utility embedded in air trace which was
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jointly built with pwc
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very interesting let's go to the direct
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source right here
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this was
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the official tweet right here and they
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presented this to a room of large
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international companies and government
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officials rcmo shared live use cases of
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vets blockchain products
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and i would bet v chains transparency
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for supply chain management
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could have huge synergy with china's
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international import expo we will see
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the graph has just integrated with
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solana as well
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as announced at the solana conference
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the graf's hosted service is integrating
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solana essentially this integration will
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enable faster indexing
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and working with project serum and
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solana developers the ecosystem plans to
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improve the solana development
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experience so this should make it so
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much easier for developers building on
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solana to be able to access information
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that's what the graph does it indexes it
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organizes it quarries information and
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specifically the integration will
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address existing friction points for
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solana daf builders the graph will make
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it easier for developers on solana to
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quarry the solana blockchain
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access historical data and visualize
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data analytics and more additionally the
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graph will start syncing solana's
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subgraphs and begins supporting data
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needed on the solana blockchain this
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will unlock solana quarries at scale so
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much easier for developers much easier
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to find different information the graph
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will make rich historical data available
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for solana developers so great to see
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the progress
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really cool to understand what's
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happening behind the scenes for these
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different platforms
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next up let's talk about lower cap
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altcoins specifically cadena jp morgan
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spinoff cadena hits an all-time high
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after rising over 210 percent in a week
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so some of you might have seen this a
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lot of you were asking what cadenna is
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because chances are you might not have
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heard of kadana before this week
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it is after all the 64th largest
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cryptocurrency by market cap right now
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but this particular brooklyn-based
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crypto project has high ambitions
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cadena's hybrid blockchain launched in
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january last year the project was
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founded by two former jp morgan
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employees stuart pope joy and will
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martino who both led jp morgan's
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blockchain center for excellence the
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american investment bank's in-house
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blockchain team so they left jpm to
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launch this
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and a central component of kadena cadena
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is the company's private chain bureau
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also a public chain and also an open
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source smart contract language called
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pact that enables anyone with a
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rudimentary understanding of programming
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to draft their own smart contracts so
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essentially this is just another smart
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contract platform that is offering in
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this case its own program programming
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language and more scalability than
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ethereum
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honestly there seems to be thousands of
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these
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but this one's getting a lot of acclaim
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because it is backed by former jp morgan
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employees
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give me your initial thoughts on this
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that is the video my name is austin like
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always see you tomorrow
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[Music]
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you
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