⚠️ Crypto In CHAOS: My Thoughts On What's Happening (XRP, HBAR, QNT & MORE) ⚠️

What is up? I am Crypto Mason and welcome back to the Crypto Mason YouTube channel. Shout out to the Gold Squad. We look for gold in every single aspect of our lives and we always find it. Now today we are back for another daily market update. The market is on absolute fire. Literally everything is on fire. It's crumbling. People are going psycho. People are thinking they know everything. It's just psycho. It's a full moon too. It's a lunar eclipse. It's a blood moon. Everyone's going psycho. The market's crazy. So you're going to want to watch until the end of this video. Drop a like and comment for the chaos, uh, as me being me, I love the chaos in the market. This All this does is it speeds up the path to amazingness in the crypto market. This is all it does. And I know it could be a hard time right now for a lot of people, so I'm sending you all positive energy. Uh, if you're really in this, you're really in this. Just stick with me and stick with all, all the crypto people, and you will get to the end of the finish line and be good. So let's get into the market update today. Uh, let me just move my camera here. And we're going to cover a lot, a lot of stuff today, very important stuff. So stay tuned. So the first thing is we do have a 750 XRP giveaway plus 5 NFTs sponsored by XRP Junkies. Go enter that on my Twitter. Uh, amazing little giveaway right there for all of you. Uh, is this— hold on, we got to flip the camera. Hold up, folks. Flip horizontal. There we go. Okay. That giveaway. So I'm still doing giveaways in the middle of everyone losing all their money in this crypto market. Uh, we gotta keep doing that. So also make sure you join the Gold Squad Discord. This place is a home during the chaos. This is a home in the chaos. Look at this, this chat is absolutely lit right now with everybody in here, uh, all comforting each other and spreading information. So go join that, it's completely free. Um, go join that. So moving into the market, we are well below a trillion. We're at $840 billion right now. Uh, BTC's at $17,000, looks like it's about to drop. There we go, $16,000. Uh, Ethereum $1,000, XRP $0.35, Cardano $0.35. Every single thing deep in the red, okay. If you've never been through a bear market, this is how it goes, man. This is how it goes. Look at Quant, $121 per Quant. ETH, $1,000. FTX, don't be buying FTT. That is, that is over and done with. Uh, BTC though, I mean, dude, this, this is crazy. $16,000. I am not buying anything at all. I'm not buying anything. Uh, most of the smart people are cash, cash heavy. They're heavy in just cash right now, uh, and they're making fiat money. Now that doesn't mean you can't be dollar cost averaging into things and, and still buying things if you would like. Now I want to preface this, dude, it's risky to buy anything right now. Any of these coins can technically fall at any time. And don't worry, we will get into why this is happening and, and everything like that. Uh, so don't just— you know, if you're, if you're in a coin, if you plan to be in a coin for 3 years or something, then I mean, you can get in, start dollar cost averaging into some stuff, uh, and you can look at some of this stuff as, uh, discounts, right? So yesterday— so by the way, I'm not buying nothing. I'm not buying XRP. I'm not buying anything. I don't care to buy anything right now. I'm gonna wait and see how bad this really does get. Um, you know, I'm waiting. I'm just waiting. I'm waiting. I'm chilling on some, on some cash that can actually buy things and not drop 60%, although we know cash is also trash. Uh, but cash is king sometimes. So yesterday we had FTX dying, we had Coinbase was down for a bit, Kraken was down for a bit. Guess who wasn't? Binance. Binance is looking like the absolute king in all of this. Uh, Coinbase and Binance are the kings, right? Make sure that you sign up for Binance. I'm very proud to be a Binance partner with them doing so good during this. Uh, I'm just looking like the king. Another thing is get your dang crypto off exchanges. FTX paused withdrawals. You can't withdraw your crypto. Get your crypto off exchanges. This is why we all yell at you about using a Ledger. You need to be using a Ledger. Use the top link in the description and you can get yourself a Ledger hardware wallet, um, and you can start securely storing that crypto. This is what I use. I don't use anything else but my Ledger Nano X. So make sure you get that. Yes, that's a referral link. If you use that link, you're supporting me and the Gold Squad, and you're also protecting your own crypto. So here's what happened, okay? Binance initially put out a statement that they're liquidating all their FTT tokens. Rumors started spreading that Sam was in insolvent, uh, FTX and Alameda Research, which is Sam's investment thingy, uh, firm, his hedge fund. Sorry, I'm coughing a bit. I'm just recovering from the— you notice my voice is back too, by the way. Um, yes, uh, so there was rumors that they were insolvent, right? And now it has came full circle, and Sam actually called CZ and said, can you buy us out, basically? And can you help us? So they are— they signed a non-binding LOI, which means that they can back out of the deal at any time. Okay, they have discretion to pull out of the deal anytime. Um, so, uh, then that's an important part. So basically they're doing their DD, full DD, in the coming days. They're going to look into, into this. It has just came out as well. Um, it has just came out as well that Coinbase rejected a bid, uh, on FTX, and it has also came out that Binance is highly unlikely to go through with the rescue. So did CZ pull off the final chess move right here and basically get Sam to admit that he was insolvent? Because as we know, on Sam's Twitter, uh, which are recently deleted tweets— he deleted the tweets, I believe— Um, basically Sam said that FTX is fine and everything is fine, but clearly it wasn't. Binance now is highly unlikely to actually go through with this deal, as reported by Ian Allison right here. Uh, they are scrapping, possibly scrapping it. This is just insane. Uh, Sam Bankman-Fried's net worth fell from $14 billion to $900 million, so he became not a billionaire. Uh, Binance CZ has also put out this saying, given— so just basically, you know, they're saying to his employees that FTX going down is not good. Do not view this as a win for us. This is not a win for Binance. He's telling them to don't trade their FTX and all of this. Um, so CZ's the one to watch. Once again, shout out to him for following me. I appreciate that follow back. Uh, and then, uh, this is what's going on. This is what's going on. Uh, so moving through even more history of— you guys do not want to— oh yeah, we had, um, most of FTX legal team also quit. We had most of their legal team actually quit, which is insane. What are my thoughts on this whole situation? Well, you know, don't, don't believe the rumors basically about the insolvency of some of these things, because FTX is one that nobody expected. Nobody expected, uh, them to be being bought out by Binance right now and all of this stuff. Once again, it's also a blood moon. It is a blood moon. Terra Luna got taken out on a blood moon, and you better believe that that's not a coincidence at all that these two have fallen on blood moons. So the founder of HBAR has predicted this. Now take a look at this clip, 15 seconds, uh, clip of him. Watch this.

Typically the history of any kind of market is that you have this enormous springing up of thousands and thousands of companies, and then you have a crash And then you get down to 3 or 4, whatever, big companies that continue on there. And that's the way every revolution tends to happen. I'm sure we'll see the same pattern here.

Typically, literally saying that all of the major ones will crumble and only a few will survive. Another thing is BitBoy predicted all of this, all of this. Okay. And of course, Blockchain Boy being miserable in my replies right here and trolling, saying I'm dick riding BitBoy. Once again, just complete ignorance by Blockchain Boy on that. I'm sorry, even if it is somewhat trolling, that is complete ignorance because BitBoy did call all of this. And I just know how to give my respect, uh, to somebody who has been in the game for a long time and, you know, has called this to the T. He even called that Solana He— remember that portfolio video where he took FTX token and Solana out of his portfolio at once? We also have Twitter stepping into the payments business. Twitter has just filed paperwork to enter the payments business. Uh, here it comes, Ripple XRP or competitor. Okay, uh, people, miserable people by the way, calling, saying stop it, stop it, stop your XRP hopium. Blah blah blah blah blah. These people don't understand that this could easily happen, uh, especially if Elon tries to complete his vision of becoming the most valuable financial institution in the world and opts to go for something more updated, which is Ripple versus the traditional banking system. So overall, insane market stuff is coming out by the second. I wish I could just like So they're building a metaverse, um, and they got big ambitions, big ambitions. So give it a read through. Uh, I did join the Discord as well. This project was inspired by Metavision. Metavision is also a dope project. Make sure that you go and check that out. Uh, big dope project on Hedera. So that is all we've got. Make sure you join the Gold Squad Discord, follow me on Twitter. I love every single one of you. And goodbye.