⚔️ GAME OVER... ⚔️

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. We have some very, very bad news, or you can look at it as good news, about Bitcoin and Ethereum's price action today. We've also got a bunch of XRP stuff that we're going to cover. So before we get into it, make sure that you join the new Telegram channel, okay? The Gold Squad Telegram. The old one got hacked and now we have a new one, t.me/cryptomason, with a U, M-A-S-U-N. Link is in the top of the description. Go check that out. We've been posting some stuff already in there. Go join the new Telegram. Also follow me on Twitter right there. Now let's talk about the market. We're at $841 billion— $845 billion. Volume is down to $68 billion today. Um, Bitcoin, what did I say? We dumped into a new range. This is what always happens. We crashed 5.8% in, uh, 4 hours here. As you can see, we just keep dumping into the new range. Now we're in a very scary position right here. We are below the 2017 all-time high, and I think Bitcoin has only done this once ever before, maybe in 2013 I think it was, where Bitcoin goes below the previous all-time high. Um, and that's where we're at right now, right here. So we want to, um— I also saw a clip of Kevin O'Leary saying that Celsius is going to go to zero. Um, if they do get liquidated, I don't know where their liquidation price is anymore. I think they changed it, but it was in the $18,000s. Um, and if that happens, this is going to be the biggest cascading drop ever. Now this is exactly why I told you guys this whole time that I'm not buying, right? Because look at what we have now. We have Ethereum just struggling to stay above $1,000, right? Ethereum is literally was literally at 3 figures just, just a second ago. Um, it was at 3 figures, which I'm gonna stack the hell out of Ethereum at 3 figures, just so you guys know. Uh, we have Theta Fuel up, we have Quant up 14.8% today, Bitcoin Cash, and XDC. Reason why these are in there, Quant and XDC, is because of that partnership that we covered yesterday. If you didn't watch yesterday's video, go watch that. As for Bitcoin, I am no longer— it's no longer a possibility of me telling you where this is gonna go. This could go anywhere now. I wanted to stay above $19,000, or I wanted to stay above $20K. We are now below that. I do see a very big possibility of going down to $16,000, even $13,000, even $10,000. It's looking more excuse me, more and more each day that $10,000 Bitcoin is possible. That's what it looks like, more and more each day. And of course, right, if that happens, how much more— how many more percent is that? 50. If we go down 50% more, we're at $10,000, right? And this would absolutely— like, Ethereum would probably be like $750, like $570 $750 if that happens, and that is insane because you can spend $1,000 and get 2 Ethereum. Crazy. I'm going to be a whale if that happens. Um, this is what all coins are looking like, right? We have all the articles getting pushed through. Bitcoin crashes below 2017's previous all-time high. We also have the Fear and Greed Index at a 6 of extreme fear. Obviously, I I, I feel like we've been in extreme fear for just months and months on end now, um, but this is a 6, and this is apparently the second lowest level since 2018. So I guess in 2018 there were lower than a 6, which makes sense because that was the big bear market, um, but dude, 6 on the extreme fear. Now what do people say? What do people say? Be greedy when others are fearful, right? Be greedy when others are fearful. This— you could be looking at this as horrendous. Like, I see a lot of people in my comments like, Mason, this isn't horrendous, this is blah blah blah blah. You're right, you're right. But this— I think this is gonna get much more nasty here. So, you know, be careful when you're buying. But You could buy in right now if you want. Like, do you think this is like a bottom signal right here? 6? No, I think this can go even lower. Um, but the point here is, you know, this is also a buying opportunity if you are in this for the long term. And I tweeted out, uh, just now, are you still here? Who is still here? Who doesn't plan on leaving anytime soon? Um, me, I'm still here, I'm still here, and I don't plan on leaving anytime soon. If this is you, drop a like and a comment, um, if you're gonna be here forever. And this allows— because I'm gonna be here forever, this basically allows me to buy coins at any price in this bear market. I can buy ETH at $1,000, then it can go down to $750, I'll buy it again. Goes down to $500, I buy it again, right? I'm not buying ETH right now. I'm not buying anything right now. And this is why over the past couple weeks I've been telling you that I'm not buying jack shit right now, is because I knew this was gonna happen. It just— it's very simple to see that everything is negative right now, and we will get that pendulum swing back a little bit. Um, and as for this melt-up thing, I don't think a melt-up is gonna happen. Right? I think maybe we could go to $25K into this box again, uh, maybe $22K again. But at this point, it's just a cascading— like, look, we just keep dumping into these new ranges. It's like stairs. We're making stairs. Stairway to Hell. Shout out Led Zeppelin. The opposite of Stairway to Heaven. Now let's get into some of the, the Twitter stuff today. The World Economic Forum recently published a Payments Interoperability Report report featuring a number of different approaches from nations around the world. It seems the Bank of England can't get enough of their interoperable overlay service running on APIs. You guys know Quant connects everything through the Overledger, um, and I swear that Bank of America and Quant are in cahoots here because I've shown you a million times the, um, same vocabulary and termage Is that a word? Termage is being used by Bank of America and Quant. Bank of America has mBridges. Quant has mCBDCs. Quant— or, uh, I think it's that way. Yeah, Quant has m— no, sorry, Quant has mDApps, right? Quant has mDApps and, uh, Bank of America has mCBDCs and mBridges. Um, why would they term them the same if they're if they're not going to be used together. So this is some more speculation that Quant is, is going to be in there with Bank of America. We have XRP Captain, uh, tweeting out that someone transferred $57 million in Ethereum and paid a fee of $1.93. And XRP Captain gives the example of somebody sending $57 billion in XRP and paying a minuscule fee of under way under a cent. Now I would say, why does this matter? The diff— is the difference here really that powerful? It is, it is. Not for peer-to-peer payments though. We don't need— well, I, I would prefer to pay this much, right? $0.0013. I'd prefer to pay that much over $1.93. But if I'm sending $57 million, I don't care about $1.93. I don't care about $50, although these— the money should flow for free, right? So interesting example right there. Um, but when we get to like, when, when, you know, for example, in a video game, when a door opens in a video game— actually, let's say real life— when a door, a high-security door opens in real life, that should be in a ledger. That should be a transaction in a ledger. On a distributed ledger, right? When we get to that, we can't be having $1.93 fees for that. It needs to be basically no fees, right? Now let's move on to right here where I say only— I only see XRP becoming a stronger project. Really, there is nothing that can weaken it. New partnerships, expansion, and features, all while under a lawsuit by the SEC. Up-only trajectory. I don't care about price, okay? What I'm saying here is that everything is just bullish. There's no bearishness on XRP except for the price. The price is the only trash thing about XRP right now. Everything else is just amazing. Everything, right? Look at this. We got Ripple fighting for regulations, new partnerships all the time. Um, I only see this thing going up like over the next 5 to 10 years. Only up. And I'm not talking about price, although over 5 to 10 years the price will go up. Now we have Jay Clayton basically saying that he believes regulation, to the extent possible, should be technology agnostic. And we know this is exactly what Brad Garlinghouse keeps saying. Uh, he says the one side— the government should not take a one-size-fits-all approach to crypto regulations. And I'm pretty sure Brad has literally said that regulation should not be technology agnostic, like in those words too. So Jay Clayton for some reason thinks he can go around saying this after suing Ripple and all that. Okay. We also have Sasol. Sasol. A lot of people are learning about the USDC blacklist function today. What? To clear things up, Circle, the issuer of USDC, can freeze USDC in any address at any time for whatever reason. This is the risk of using centralized stablecoins, just like using any centralized service. This is what I'm saying, folks. Have I not said this? Have I not said this? They want to see decentralized stablecoins fail. They want to see this happen. Did they get fully rid of— I don't even know what's happening with the, with Luna anymore, dude. But let's give an example of USDD. Look, that thing's at 96. It's literally off its peg right now. Um, but they want to see these fail, okay, so that they can use stuff like this. Let's see if the, if the EUR/CHF is on here yet. Oh, it is. Wow, that's cool. Is that a different shade of blue? Why would they use a different shade of blue? That pisses me off. Like, like, what's really going on here? I don't like this, how it looks just so spread out. Is the AUDC on here yet? No. Um, so USDC can freeze at any time. Okay, horrible. And this is why they want these to be used, because they could freeze them if, if the government wants to. Now the final little thing right here: companies list hundreds of new crypto jobs despite, uh, recent layoffs. And this is basically just saying over 500 positions related to crypto and blockchain were advertised on job boards on Indeed the past week. Binance said this week it would add over 2,000 new positions. Any company that's expanding during the bear market is a winning company in my book. But that is all we've got for the daily market update. Really not much going on except the market crashing even further. Okay, we just stumbled across this. Curve DAO at $0.60 is crazy, folks. And that, that probably will continue down as well, but that is an insane deal right there. Um, also I wanted to say, who's going to NFT New York? If you're going to NFT New York, drop Uh, drop a comment, drop a like. I will be in NFT New York attending as much as I can and just basically going with the flow. I have really no schedule. Most likely gonna pull up to the Galaxy party and the NFT.com party, the Ledger party. What else? Some other ones. Uh, but I appreciate all of you for watching. I love every single one of you. Make sure that you follow on Instagram, Twitter, all of that stuff. All my referral links are in the description if you want a Ledger Nano X, if you want Market Cipher, if you want to sign up for Binance, etc. All in the description. Also join the new Telegram. That is all. I love every single one of you, and goodbye.