In this daily market update, Crypto Mason (Mason Versluis) opens with a shout‑out to his community and quickly moves into the latest crypto news. He notes Stader’s announcement of Hedera support for the Hashpack wallet, hinting at upcoming HBAR staking. Mason then reviews Bitcoin, currently at $47,305, emphasizing the importance of closing March above the $46‑$47k bull‑market support band and noting that Bitcoin is hovering just above its 200‑week SMA. He shifts to altcoins, highlighting Ethereum at $3,400, Solana at $123, a massive 1,200% monthly gain for GMT (built on Solana), and Zilliqa’s recent rally despite a 20% YTD loss. Mason discusses whale activity, pointing out that Quant (QNT) has overtaken Matic (Polygon) as the most‑traded token among the top 500 ETH whale wallets, and cautions that trade frequency alone may not signal a strong move without corresponding holdings data. He then shares Flare Networks’ tentative July 4, 2022 mainnet launch, describing its goal of cross‑chain smart‑contract interoperability. A clip of Do Kwon is presented, where Kwon states his ambition to become the second‑largest Bitcoin holder after Satoshi, linking Terra’s UST failure to a broader crypto collapse. Adoption news follows: Kraken has integrated the Lightning Network; MetaMask now supports Apple Pay on iPhone, allowing $400 daily purchases of crypto; and Opera is extending Web3 support to eight new blockchains (Polygon, Solana, StarkX, Nervos, Ronin, IXO, Bitcoin) for its 300 million users. Mason concludes with a rundown of the recent Ronin (Axie Infinity) hack, noting the $1.3 billion revenue of the game, the $600 million reimbursement target, and possible funding mechanisms (token sales, equity, treasury liquidation). He expresses a cautiously optimistic outlook for a strong March close above $46.5k, doubts a bullish start to April, and shares personal updates about upcoming Bitcoin Miami attendance and a brief apology for recent inactivity. The video ends with a call to subscribe and engage with the community.
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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 right here. We are going to hop into the markets. Before we do, make sure that you are following on Twitter right there. Look at that, right when we log on to Twitter, Stader Hedera is, um, announcing support for Hashpack Wallet, and they're saying get your Hashpack Wallet ready. And you know why that is? Is because HBAR staking is literally on the horizon right there. But let's get into the overall market here. We've got Bitcoin at $47,305. Monthly close is coming up. What is it, in one day here? March 31? Yeah, so monthly close is coming up. Uh, for everything, right? Bitcoin, I want to see it— this is the monthly chart right here. Bitcoin, I want to see it close like— it's got to close $47K or higher. $46K would be good too, but ultimately above this bull market support band is all I want to stay. I just want to stay above this, okay? When we're above the bull market support band, we do amazing. And that is what I like to see. But Bitcoin has kind of cooled off now. If you go to the 4-hour right here, you can see, right, we're doing this Grim Reaper thing. Go up and it's like a scythe, uh, it's like a scythe or however the, however the hell you say that word. Scythe, scythe, whatever. Um, but yeah, we've kind of leveled off here, kind of pulled back, uh, pulled back under— is that under the 200-week SMA? Yeah, we didn't even breach that 200-week SMA right there yet, yet, because we might do that. Is, is that the one I have on? Hold on, I think it is. Yeah, 200-week SMA right there. We have not breached that yet. Um, very interesting. We did touch it, but let's get into the altcoins now. We've got Ethereum at $3,400 here. Man, and I'm sure the NFT market is getting rugged because of that. Uh, when ETH goes up, NFTs start going down. People are rotating their money through. We have Solana climbing back up, $123. Um, some of the altcoins are disobeying Bitcoin's flatness today. GMT, man, holy cow, a 1.2k percent in one month here. GMT, we talked about this coin before. Long term, I think this could do good as well. Once they get a— once they get a big user base, um, it could pump. And then you've got Solana. GMT is built on Solana right there. And you have Zilliqa absolutely mooning right now. People are still down on 20% on the year, so keep that in mind. There are people who have bought up at 20 cents and they are still 20% down. Um, but on the month, if you bought at the start of the month, man, you are way up. You are way up. Um, but that's what the altcoins are looking like right there. Pretty green today. Moving on to whale stats right here. It says, just in, Quant has flipped Matic, Polygon, to become the most traded token among the top 500 ETH whale wallets. So I'm following the money. Like that guy says it right there, I'm following the money. Uh, why does this need something to do? Yeah, the 500 most traded, or the top most traded, doesn't really matter versus the top held. If Quant was in the top 10 most held coins by the top 500 ETH whales, then we would know for sure something's going on. But I think even they have not caught on yet to what it is. Now we have this right here. Finally, Flare is giving us a date to when Flare Networks might come out here. The team is aiming for July 4, 2022, to be confirmed in mid-June, subject to audit. Flare is not just enabling early Layer 1 tokens to be used with smart contracts, it's bringing advanced cross-chain interoperability to all networks. We've been waiting for Flare for a million years, it feels like. Like, where's the airdrop, right? Come on, July 4th. They're aiming for, uh, literally July 4th. Okay, that's very close to my birthday, and that is the USA's birthday. So Terra's, uh, stable Kwon, or Do Kwon, says his goal is to become the large— second largest holder of Bitcoin behind Satoshi. Now watch what this dude says. This guy built, um This guy built— he's the co-founder of Terra, so Terra Luna, right? Listen to what he's saying. They've been buying Bitcoin for the reserves for Terra, um, for a while. But look what he says here.
I think they can scale that to, you know, 10 billion. So the reason why I want to get to 10 billion is that we will be the largest single holder of Bitcoin in the world. Now then, in that case, like, within the crypto industry, then The failure of UST is equivalent to the failure of crypto itself, right? Uh, because if the largest—
so that's a very smart thing to do, honestly. Like, he is pretty smart with that. Um, he's pretty smart with that, uh, insight there. Basically like tying, tying the whole crypto together with Luna, and if UST fails um, it would mean that crypto also failed. So very interesting right there. Let me just check if this is working. Yep, sometimes my webcam freezes on here. Moving on, we got Mr. HODL. Kraken, or Kraken, has implemented the Lightning Network. Okay, Kraken has entered, uh, introduced the Lightning Network right here. We know the Lightning Network is kind of mediocre, to be honest. Um, but that's interesting that they integrated it right there. Now we have MetaMask allowing iPhone users to buy crypto with Apple Pay. This is actually big, right? Users can now also buy crypto with debit or credit cards, eliminating the need to send ETH into the app. Apple Pay users can deposit a daily maximum of $400 into their account. They're using this Sendwire thing. And yeah, this is going to enable a lot more people to just be buying ETH very easily straight into their MetaMask. We've got some more adoption stuff here. Opera extends support to Polygon Solana in a major Web3 push for over 300 million users. Opera has 300 million. Do you guys use Opera? Let me know in the comments. What browser are you guys on? Brave? Google Chrome? What are you on? Or, uh, Opera too, or Firefox or something. But they're, they're expanding into 8 new blockchains here: Polygon, Solana. They're saying the impact will be huge. I mean, 300 million users seeing their browser implement something like this could actually have an effect. They are select— they selected Solana, Polygon, StarkX, Nervos, okay, Ronin, okay. IXO and Bitcoin. What is IXO? I don't know a couple of those. Very interesting picks right there. Um, where is HBAR? Okay, I'll say that. Um, but moving on here, final thing we're going to talk about is the Axie Infinity hack, uh, that happened yesterday, I believe. The— so I'm at NFT LA right now. There was a guy from Axie Infinity um, that was here speaking, right? I think, I think it's from Axie Infinity, but they had just got hacked. Well, Ronin got hacked, right? The Ronin network got hacked, um, and he was speaking like right after that happened, and he was like, I've had a busy morning and stuff. I didn't go, I didn't see it, um, but somebody told me how he was about regarding the hack. So the game generated $1.3 billion in the last 12 months. So $600 million, they can pay it back, right? And they're aiming to reimburse all players. They're fully committed to reimbursing all players. They list a couple possible solutions. They said, um, they could sell some of its Axie-related tokens in bulk at a discount to major players, or sell the company's equity to raise cash. They could also host a vote to approve liquidating enough funding from its community treasury which currently has a total net worth of $1.6 billion. So that is a lot to reimburse. $600 million to reimburse. That is absurd. But that is all we've got for the daily market update. I believe that April is not going to be bullish. I think the start of April, I'm still feeling that the start of April. But I hope we do get a strong monthly close on Bitcoin for March, and I think we will. It's looking like we will hold just $46,500 and above would be great for monthly close. Um, but that is all we've got for today's video. Make sure that you subscribe, all that BS. Um, so I, I apologize for the inactivity on some platforms. I've been busy AF out here, busy AF. Um, just kind of, yeah, it's, it's a lot. And then I'm going to Bitcoin Miami, we'll see how that is. But I appreciate all of you, love all of you, and goodbye.
