HBAR, ADA, RIPPLE XRP & MORE - CRYPTO NEWS UPDATE

What is up, folks? We are here for another daily market update. What up, everyone in the chat? Who do we got? Crypto Jamie, Josh, what is up everyone? We are here, another crypto market daily uh, news and market update. I'm gonna give you my thoughts on everything that's happening. We are going to cover— what do we have in this video? Ripple XRP, of course. Um, Elon Musk is tweeting again. I'm getting sick. I'm getting tired of this. Um, we're gonna cover HBAR, of course. Um, yeah, we're gonna cover Cardano. But let's dive in right away. Welcome everyone. Marique, Danny, Tiger, Baba, Kwame, everyone in the chat. Let's go down and see what is popping right here. We've got a 47,000. Yeah, we've got a Suku update too. I'm gonna talk a little bit on Suku if you're on YouTube watching. Suku is a, is a gem that we found in a Twitch-only livestream. Um, so here we go. We've got Bitcoin 47,942. Struggling to get above $50K and stay there. Ethereum has also taken a big drop. This may be a good time to stack up. Um, if I was going to put more into Ethereum, I would right now because that's a, a good little, uh, 7% down in 7 days. Cardano is still the star of the show, $2.28, uh, cents right there. What else do we have? Uh, XRP almost at $1.50. We've got some XRP technical analysis in this video from Blockchain Backer. We're going to cover that, uh, nearing the end. What else do we have here? Chainlink $41. VeChain still under 20 cents. What else? Let's check out, uh, Crypto.com is 15 cents right there. And by the way, I'll answer, I'll answer any questions near the end of this livestream. Elrond 162%. Hashgraph is up 12% in the day. We like that, we like that. Now let's check the top gainers of the day. Let's see, Revain is still there. Maybe, um, maybe in another live stream today or tomorrow I'll check out what Revain actually is because I am not sure. Harmony is also up 36%. Uh, let me know if you guys hold Harmony. Uh, because I, I do not. I do not. Solana is also almost at $50, and we've got— okay, IOTA and Hashgraph are two ones that I hold right there. So we're looking pretty standard, $2.2 trillion, um, market cap on the whole of crypto. If we check out the Bitcoin dominance right here, we are actually 1% up from yesterday, is at 41, uh, but still steady downtrend. Of course, we cover that every single time. Just to rub it in. You got to rub this in because this is crazy stuff. This is crazy stuff. It looks like a shitcoin chart. This looks like a rug pull chart right here, going straight down. Doesn't that look like a rug pull chart? Straight down. Okay, let's head into LunarCrush. I like to put this in here. If you don't know what LunarCrush is, it's basically social listening for crypto. So like, basically right now it's very important which cryptos the influencer— crypto influencers are talking about if you want to catch some crazy gains. So LunarCrust actually like tallies that up and catches it, um, into like a net, and then they push out which is the most talked about. So we've got Burency, I'm not sure what that is. We've got Ethereum in second and BBS coin right there. Now let's check the coin of the day is Holo. I know a lot of people like Holo. I'm personally not really a fan of it. Um, I don't hold any, but it, it's just never resonated with me. Uh, but it definitely makes people a lot of money. So let's move on to our first piece of news. This is Cardano. Now basically what's been happening is Mark Cuban on Twitter has been talking about Cardano. Mark Cuban has been talking about Cardano. Let's see what he says. Basically, he tweeted out, are you— so this guy Crypto Fan says, Mr. Cuban, what stops you from reviewing the king, Cardano? Take fundamentals, usage, energy consumption, it will beat everything in all dimensions. Here's the tweet right here. Mark Cuban responds to this guy and says, and for the record, the only Doge I own— oh, hold up, this isn't even it. Right here. Are you personally able to use ADA for anything? If so, what have you used it for? That's the question I asked about all crypto. Do you find yourself using it for anything that you find value in? So that's a valid, good question right there. And now watch this. The Cardano founder, Charles Hoskinson, Um, says, you're breaking my heart, Mark, but levity aside, come by the farm in Colorado sometime and chat. So imagine just talking to your friend on Twitter and it's making news headlines. That's what these guys are doing. Um, so, so look at this. In response to Cuban's question, Hoskinson recorded a video and says, it's a big ecosystem, it's a complicated topic, it's not Doge, it's It's not easy. It's not just one thing. He also said, what can you do with your ADA today? You can issue assets, you can buy wine, you can stay in hotels. More than 50,000 locations, billions of dollars of worth of ADA are moving on a daily basis. Unlike Ethereum, you can vote with it. So if we look right here, what is he talking about? Um, hold up, this is actually important too. The only Doge I own is in the— is the $3,250 I bought with my 11-year-old. So he's pumping, he's talking about Doge like crazy, but he only owns $3.2K of it. Now what is— what is Cardano founder Charles Hoskinson saying actually when he says that you can buy, um, you can buy hotels with it? Well, this is Travala right here. And if you didn't know, all of these cryptos you're seeing on your screen right now, you can actually pay for hotels with these. You can pay for hotels and accommodations worldwide using these. You want to buy with XRP, you can. DOT, Litecoin, Cardano. Crazy. Here we've got a very important article as well. XRP all-time high incoming, nobody knows. Nobody can ever know that. Um, it does look bullish though, and we'll get into Blockchain Backer's technical analysis at the end of this. The regulators are coming for crypto, what investors need to know. So what do you need to know? The regulators are coming, what do we need to know? Now I like this right here. One of the big misconceptions about Bitcoin and cryptos in general is that the market is some sort of Wild West. Outside the scope of regulators and rife with scammers, outlaws, and crooks. That's simply not true. And basically what this says is like, these digital assets, it's pretty clear, it's pretty clear how they're treated, like capital gains and all of that. It's pretty clear. Um, so it is not the Wild West, but there isn't a framework that has been made with crypto in mind. They're just applying the old system to this crypto. So right here, um, watch this. Where is it? Gensler— Gary Gensler is the new chairman of SEC. Gensler has intimated— intimated that he's waiting, awaiting the completion of Yellen's review of crypto before enacting a regulatory agenda on digital currencies. So he's waiting for this Yellen, he's waiting for Yellen, uh, to make a decision. But regulations are coming, and this is a good and a semi-bad thing. It is good because once there's regulations in place, like very clear regulations, um, that means that trillions can potentially flow into this market because there's clarity. Like many of these big firms don't feel safe investing in something like this. They don't feel safe. So if there's clarity, they will feel safe and they'll be able to drop it. Now let's, that's basically, that is all the news we have for today. There's not much going on except that exchange between Mark Cuban and Charles. But we're gonna move into Hashgraph right here. Now we found this coin called Suku. We found this live on stream. Somebody in the Twitch chat sent a video, and then it was a guy talking on the news, and he was the founder of Suku. And then we checked out Suku, and Suku actually— watch this— I didn't know this. I thought they were just built on Hedera. I didn't know that they actually migrated from, uh, or migrated from Ethereum. To Hedera. So this is a clear case of what I think we'll see a lot of people do, or a lot of companies and services and all of that do, is migrate from something like Ethereum to Hedera Hashgraph. And you saw a couple weeks ago, the Cardano founder was saying, oh, there's about 500 companies waiting to migrate from Ethereum to, um, migrate from Ethereum to, um, uh, Cardano. But now look at this, Hedera Hashgraph already has examples. This is not the only example of this, um, but Suku still looking like a gem. I did not invest, I have not invested in it, um, but it looks like it's in a little dip. But who knows, who knows. It's only on KuCoin, I believe. But let's keep going, let's keep going. So we've got more Hedera news right here, or Hedera stuff. Look at this, Hedera Hashgraph on LinkedIn is clearly recognizing this Elon stuff with him looking for a better alternative. So this just show— all this does for me, putting— why I put this in here is because it shows you that Hedera Hashgraph is aware um, of Elon looking for a better alternative. And they're even like, like, okay, use us. Like Cardano was saying to Elon, use us instead of, um, of Doge and Bitcoin. So here's the last piece of Hedera stuff right here from Coinman the H-Barbarian. Fun fact for those doing their due diligence— and due diligence means like you research it on your own, you do your own research— so SoulCalibur23, appreciate the follow. Dr. Leemon Baird. This is the actual literal inventor of Hashgraph right here. He solved the blockchain trilemma. We all know the trilemma most likely, which is scalability, uh, secureness, and decentralization. Or no, no, no, speed, scalability, and, um, speed, scalability, and there's one more, privacy maybe? Um, but look at this. Hashgraph is asynchronous Byzantine fault tolerance. Moodio, appreciate your follow. Um, ABFT, which is the most— literally the most secure, mathematically the most secure a distributed system could ever be. That's Hashgraph. Scalable, 10K+ TPS per shard, and decentralized. So here's how they fix the secureness. Uh, here's how they fix the secureness. Asynchronous, uh, Byzantine fault tolerance. Mathematically the most, uh, secure a distributed system could ever be. Um, hold up, gotta ban this dude. Uh, boom. Okay, so mathematically, literally, it's the most, um most secure. Scalable. Hashgraph achieves consensus with a novel gossip about gossip plus virtual voting protocol. It's super efficient, leaderless, fair, and provides 100% finality in 3 to 5 seconds. Hedera is throttled to 10K transactions per second. With sharding, TPS is unlimited. With sharding and decentralized. So many people argue that HBAR is a centralized network, but look at this. Hedera are bootstrapping a global network. Initially, the 39 governing council members from different geopolitical regions and different industry sectors run nodes. Soon, third-party nodes will come online, and then permissionless anonymous nodes. Okay, so what is the difference with Hedera Hashgraph? What is the difference of 12, a group of 13 developers making all the decisions for a network? That, or do you want 39 extremely big corporations with hundreds of people below them deciding, like already successful corporations, not just a group of random developers Like that, in that way it is decentralized. Jeremiah Victo, appreciate the follow. So that's, that's— he made a little cool card right here. But let's move on, let's move on. Is it too late to load up on HBAR? Absolutely not. Um, so now we're into— actually, let me cover this first. Hold on. Yeah, yeah. Um, and then this— actually, Nick Carter, look at this. Nick Carter So Elon Musk made another tweet. He was replying to somebody. He says, ideally, Doge speeds up block time 10x, increases block size 10x, and drops fees 100x. Then it wins, it wins hands down. Now Nick, Nick Carter right here, he said, love to read fresh takes that definitely haven't been covered ad nauseam. On Bitcoin talk from 2010 to 2012. So he says that Elon is bringing up stuff that's been covered like in 2010 and 2012, and I believe he is. Um, so that is hilarious. That's hilarious right there. Now, LinkedIn— I was on LinkedIn. I saw that Ripple had to remind us of this. They usually do this. They post another post. Like, they share their own posts, um, like weeks or months later. So they wanted to remind us about this, so I'm gonna put it in here. This is when they launched the private ledger for central banks launching CBDCs. One thing I want to point out, this thing is literally capable of doing tens of thousands of transactions per second. As you can see, the CBDC private ledger will handle tens of thousands of TPS initially, with the potential to scale to hundreds of thousands of TPS over time. Look at that, they wanted to remind us that they have that private ledger for CBDCs. Now, now we move on to Blockchain Backer's XRP technical analysis here. This is from Blockchain Backer. I am a fan of Blockchain Backer for sure. The XRP community is pretty excited right now, so I'm just throwing this out there to show what's been happening. Remember, we are still in a range. He posts this picture right here. That is the first part, and the price action over the last— hold on, let me click on it— and the price action over the last days has been a 702 retrace of the down move from April 6th to April 12th. Uh, ranges can be brutal and they can take a long time revisiting the upper and lower boundaries. Verdant, I appreciate the follow. As for breakouts on the USD chart, we don't have any just yet. Um, so he's showing the range right here and he's showing that we do not have a breakout yet, um, on the USD chart. Now we go down to the last one right here, or the second last one. We just have to be patient. And for me, the real excitement starts once the last fib levels can crack with conviction, which is around $1.75. And that just makes sense from an intuitive level. From an intuitive level, $1.75, if we hit that, it seems like, okay, that's the— that's like a breaking point to just, okay, we're going over $2. But then of course $2 is a psychological, um, resistance level as well, because usually at these solid numbers, usually at these solid numbers like $2 and like $1.50, right? Currently with XRP, we're just around $1.50. Those are like— to break those is hard. To break those is hard. Usually like takes a bit of battling. Um, so here's the 4 out of 3 on the thread right here. Um, for an example of how that can be— for an example of how that can happen, so he's— here is Bitcoin within an accumulation range structure. So he's going to show the Bitcoin chart right here. The arrow points to an equivalent location of where XRP is currently within its month-long range structure. A similar move would shock the XRP/USD chart, uh, to around $1. So look at this. This is where the arrow points to an equivalent location of where XRP is currently within its month-long range structure. Look at that. That is crazy. Look at that. Only right here. So Bitcoin took a huge— this is the Bitcoin chart, by the way, not the XRP. Bitcoin took a huge, huge dump, and it looks like this is 2020, March 2020. Um, but that's very interesting, Blockchain Backer. Appreciate the, the little thread right there. And now let's move into— hold up, let me answer some stuff right here. What's your take on ecomi? It's decent. I do not like the supply. I'm not a fan of these, these 0.0000 coins. They're kind of misleading. Um, also Epic, if you know Epic, I just made a TikTok about Epic. They actually worked with eComi way back in the day. Um, so who knows? Um, appreciate that, Mary. What do you think about Bonfire? Bonfire is trash. SafeMoon is trash. Um, Mary, I appreciate that. What's the point of creating a token if it never gets to be worth as much as Bitcoin? Um, That shows that you have a clear misunderstanding. You can— like, Bitcoin is not— Bitcoin is only $50,000 because of the supply. If you make a coin that there's only 5 of them, it'll be more— like, there's more expensive coins than Bitcoin. It's not about— it's not about that necessarily, the price being high. Like, check out Hashverse. Oh, Okay, we'll check it out after I get through these couple more tweets. What do you think about Newton Exchange? Newton's great. Newton's great. Okay, let's check out this Kendra Hill. Now, I don't know if this is the actual Kendra Hill from back in the day, but she is out here tweeting about things and there's people hating on her thinking she's fake, all this stuff. She is drying up her mystery, as I've said. She says, we're not in 2017 anymore. This bull market is different. Now, this is a controversial statement right here. This is a controversial statement. Um, I do believe there will be a bear market, of course. That's how this works. But I do think they're different now. They're different. Like, it won't be the same type of bear market, but there will be a bear market. There will be a crash or correction, huge correction, and a bear market. Like, and I hope that happens honestly, because I'm gonna stack so much. I'm gonna work really hard and stack so much. Let's move on to the second last thing we've got for this. Naked numerology. I just wanted to throw this in here. Millionaire. This is a direct quote from JP Morgan: millionaires don't use astrology, billionaires use astrology. Direct quote. Kendra Hill's an insider. Yep. That's what she says. That's what she says. But anyone can say that. But let's go. Smart key. I haven't checked it out. I like self key though. Okay, last one right here. The man who does more than he's paid for will soon be paid for more than he does. Napoleon Hill. Reborn. Just wanted to throw that in there. That is like very— I've seen this in my own life. When you work for free, the difference between a normal person and an entrepreneur is that the entrepreneur will work for free until they, they make it. They'll work for free. Whereas the normal person, like, oh, I'm not getting paid, I'm not gonna do it. I'm not gonna work hard if I'm not getting paid. But as you can see here, you will soon be paid for more than he does. So that is all we've got for today. Um, we can chill on here for a couple minutes and then we'll wrap it up. Uh, XYO, there's not really anything going on with XYO. Let's see, down 5%. Um, looks like it's bouncing, bouncing there. Oh, please cover ecomi. Nah, ecomi is just mid. It's just 5 out of 10 in my books. Like, I don't really see it. Yeah, I don't really like— I don't like this supply, 750 billion. And like, I mean, the market cap is still below a billion. Uh, yeah, it's interesting. It's interesting. Probably— it'll probably make you a lot of money. Looks like it's been on a downtrend since March 31st though, um, so that could be really good though. It could be really good. Have you looked into MANA? I prefer Enjin over MANA. I have actually, uh, looked into MANA, but I prefer Enjin. Fear and Greed Index. Wow, really? Is that the lowest? Um, oh yeah, let's check out the Hashverse and then we'll wrap this up. Hashverse, yeah, I'm not going to be able to find that. I need a link or something. Um, do you use the XYO Coin app? I, I have declared that it's not worth it. It's not worth my time of checking and all of that. Reserve Rights is great. Harmony is great. I'm not in any of those. Telcoin is good. Yep. CODI, I haven't really looked into at all. Um, actually, maybe I have. Hold on, let me see what the— oh no, I haven't. I looked into Celo, another one that starts with a C, or Kelo, whatever it is. Oh, okay, here's the Hashverse. Let's check it out. Let's check out Hashverse. Whoa, this is dope! Look at that little thing right there. What is this, like NFTs? Dude, these people know what's up with the Saturn logo. Wow. Um, projects. I'm not sure what this is, but this looks cool. This looks cool. Um, I guess it's like a universe of Hashgraph. That's really dope. That's really dope. They know exactly what's up with that logo. All right, but we are gonna hop off here. I probably will be on TikTok Live. I appreciate everyone in here. If you're watching on YouTube, drop a subscribe, drop a like. Um, this will be uploaded to YouTube if you're in the Twitch. But I love you all. We're gonna get off here. Um, not much news today, but it's looking pretty standard. Um, VeChain is a great investment. Yeah, under 20 cents. I appreciate you all, and goodbye folks. Catch me on TikTok, Instagram, all all of them are right there. And have a great Sunday to all of you. Have an amazing Sunday, and peace out, folks.