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THINGS HAVE CHANGED FOR CRYPTOCURRENCY HODLERS (Whale Dump and Pump INCOMING?!) - YouTube
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all right
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welcome back everybody to alt coin daily
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my name's austin
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if you are invested in this
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cryptocurrency market i want to
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demystify exactly what's going on in
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today's video i want to share with you
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why is bitcoin dumping some bullish news
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involving ethereum chain link cardano
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solana as well as a major shiba inu
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update 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 answering our first
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question who is selling bitcoin right
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now well for that insight we can look at
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the on chain data take a peek at the
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total supply held by long-term hodlers
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and see right here after months and
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months of accumulation
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we have a little bit of profit-taking
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here is the breakdown
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during an extraordinary accumulation
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period since march of this year 2021
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long-term hodlers have added over 2.42
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million bitcoin to their wallets
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and that accumulation is undeniable we
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can see that
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right here and by the way this was that
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nasty correction we saw earlier this
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year from 65k to a near 50 dip and at
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the time when people were screaming
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we're going to 10k we're going so much
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lower this channel was telling you we
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were showing you the on-chain data that
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long-term hodlers were accumulating well
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after several months of accumulation
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from long-term huddlers
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what's happening right now well a little
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switch from accumulation to spending the
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spending below is around 39.5 000
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bitcoin or roughly 1.6 percent of the
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total accumulated balance
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long-term hodlers are taking profits but
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not exiting in mass
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and this is very natural right 1.6
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percent approximately of the total
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amount accumulated this is nothing and
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my next question is obviously well then
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how will we know when these long-term
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huddlers are not taking profits but
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actually exiting the market in mass how
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do we tell the difference in that
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well long-term huddlers usually sell
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more drastically into tops that's a
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great indicator for example as the
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bitcoin price from january through march
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at the beginning of this of this year
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was rallying we can see those long-term
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huddlers selling into the top as the
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price climbed higher they continue to
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take profits
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so nothing really to worry about today
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but as this data updates as i get more
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information i will make a video i will
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be sure to keep you updated
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next up some very bullish adoption news
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for ethereum
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photoshop will get a prepare as an nft
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option soon this is to fight nft art
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theft so every single person that uses
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adobe software i use it every single day
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to make these thumbnails for the videos
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will now have a prepare as an nft option
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that's huge
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adobe is launching a system built into
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photoshop that can among other things
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help prove that the person selling an
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nft is actually the person who made it
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it's called content credentials and nft
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sellers will be able to link their adobe
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id with their crypto wallet allowing
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compatible nft marketplaces like openc
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for example
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to show a sort of verified certificate
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proving the arts source is authentic
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so when will this be functional when
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will this be released and which
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different nft marketplaces will this be
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linked to
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according to adobe's chief product
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officer this functionality will be built
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into photoshop with a prepare as an nft
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option launching in preview by the end
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of this month
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adobe says that nft marketplaces like
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openc wearable known origin and super
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rare will be able to integrate with
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content credentials to show adobe's
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attribution information
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why i think this is so cool is it's just
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so interesting to see cryptocurrency and
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nfts seep into the culture
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seep into the software that business
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people artists already use every single
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day
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and i didn't quite realize that nft
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theft is a problem that this is aiming
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to solve art theft has been a big deal
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in the nft world there have been many
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examples of people minting art they
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didn't create or don't have the rights
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to on the blockchain
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and let me share with you an example
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in other words i could right click on an
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existing image of an existing nft and
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then mint it again myself potentially
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fooling unaware buyers
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while adobe system won't prevent art
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theft it does offer a way to prove that
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the nft you're selling isn't stolen i'll
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keep you updated
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and next up awesome news if you hold
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chain link big integration between
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amazon web services aws and chain link
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quick start and while we did mention
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this about a week ago the official drop
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just happened calling all data providers
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enterprises and devops can now sell data
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to any blockchain using the new amazon
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web services aws chain link quick start
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and basically what this means to you is
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this is going to make it so much easier
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for amazon web services huge user base
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of businesses and developers to now
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start using blockchain and of course
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start using chain link
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as part of the continued expansion in
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chain link node infrastructure we're
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thrilled to work with amazon web
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services aws to simplify the process for
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data providers enterprises and dev ops
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with the newly launched aws chain link
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quick start operators now have a
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one-click workflow to easily deploy a
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chain-link oracle node on aws
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and sell real-world data across multiple
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blockchain networks
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so it keeps things transparent it keeps
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individual developers and users in
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control of their personal data and
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through aws chain link quick start data
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providers can then sell their data and
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apis simultaneously across numerous
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public and private blockchain
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environments
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without needing any prior blockchain
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experience
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so easier to run a node easier to
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provide data to any blockchain now using
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aws and chainlink
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good good news
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if you're chain link holder
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and next up like the video like the
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video if you appreciate these updates
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and we have to talk about cardano
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cardano's partnership with ethiopia has
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been named among 2021's most influential
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specifically they're talking about
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italian prism and what them and cardano
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right now are doing in africa
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one project that has grabbed eyeballs is
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iohk's identity management solution
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atala prism the technology is in the
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news now after it was recognized by the
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project management institute's list of
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most influential projects for 2021. so
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does cardano slash a teleprism did they
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come in first did they come in 10th
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how'd they rank
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the pennsylvania-based organization this
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institute for projects and project
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management experts placed a tallah prism
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in the 14th position and of course we
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know specifically what cardano is doing
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with ethiopia
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iohk had announced a partnership with
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ethiopia's minister of education earlier
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this year in order to develop a
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blockchain powered system
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it aims at monitoring students
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performance in local schools
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this then culminated into a national
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digital database called the teleprism
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and my understanding is this would be a
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huge help to the people of ethiopia
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because these students right now have no
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way to track their credentials or their
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achievements over the years and this is
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aiming to bring some transparency to
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that while the project is due to be
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launched next year the recognition it
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received from blockchain enthusiasts
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has led to cardano planning to propose
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an additional
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proposal a blockchain solution for a
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national id system to the ethiopian
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government pretty cool this is
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definitely the long-term play for
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cardano
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putting out the infrastructure now for
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kids to grow up on blockchain grow up
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using cardano and charles hoskinson is
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right now touring africa meeting with
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leadership and presidents talking about
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a potential future progress is happening
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give me your thoughts on this down below
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but before we get to shiba inu before we
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get to solana let's take 60 seconds and
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talk about sponsor of the channel the
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earn bitcoin back for doing things that
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you do normally anyway if you sign up
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right now you can earn up to 3.5 back
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transaction fees so check this out link
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down below that's blockfy.com
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altcoindailycc check it out link down
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below
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and yes
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next up huge piece of awareness news
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coming in 2022 for crypto in general but
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specifically crypto exchange ftx
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ftx buys super bowl ad slot to promote
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crypto to a tv audience of over 92
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million and specifically when is this
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happening the championship game the
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super bowl of the national football
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league is set to be held in february of
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2022. sam bankman freed who is the
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founder and ceo of ftf exchange also a
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big backer of the solana ecosystem has
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made football one of the priorities
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within its marketing strategy that
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focuses on sports as the fastest growing
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customer base for crypto adoption
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there is no bigger more mainstream event
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to share a message like that than the
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super bowl
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i'll be watching
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and next up we gotta talk about shiba
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inu it is pumping it is still pumping
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hard and people are wondering why
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shiba inu coin sourced 22 to another
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record after a crypto whale buys over
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277 billion tokens
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so in this case it doesn't look like
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this is natural growth it looks like
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it's a crypto whale specifically a shiba
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inu whale buying more tokens pumping up
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the price
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and here's some details
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shiba inu coin a meme-based
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cryptocurrency that's based off another
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meme-based cryptocurrency that makes fun
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of cryptocurrencies altogether soared
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more than 20 percent on tuesday to hit a
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record of a fraction of a fraction of a
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fraction of a penny it's actually higher
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than this at this current moment and
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looking at the data we can see exactly
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why
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the move higher in the cryptocurrency
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was sparked monday evening after an
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anonymous crypto whale purchased over
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276.6
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billion shiba inu tokens for about 11.5
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million dollars according to data from
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whale stats which tracks activity for
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the thousand largest ether wallets
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so this is one entity accumulating hard
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and this purchase brought the crypto
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whales total holdings in shibuya new
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coin to over
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316.5 billion coins worth about 15
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million dollars and the largest position
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in his or her or their wallet
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now let me ask you this i would really
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like specifically shiba inu hodlers to
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sound off down below
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does this anger you that it wasn't
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natural growth or maybe you think hey is
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this is this a robin hood or is this
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another huge entity you know buying for
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an eventual listing
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do you like this
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do you love this do you hate this
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comment below
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but that is the video my name is austin
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like always see you tomorrow
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