BITCOIN SMART MONEY JUST DID THIS OVER THE LAST 10 DAYS. PAY ATTENTION.
Summary
TLDRThe video discusses recent cryptocurrency trends, highlighting the significant accumulation of Bitcoin by 'whales' and the price surge of XRP following Ripple's partnership announcements. It also mentions Senator Elizabeth Warren's softened stance on cryptocurrencies, recognizing their potential to bank the unbanked. The host shares insights on market behavior, emphasizing the importance of long-term investment strategies and not being swayed by short-term market fluctuations or FUD (fear, uncertainty, and doubt).
Takeaways
- 🐋 Whales have acquired 170,000 Bitcoins in the past six weeks, with a significant accumulation of 40,000 Bitcoins in just the last 10 days.
- 🚀 XRP's price surged following Ripple's announcement of partnerships with SBI and Coins.ph, aiming to enhance remittance options using their on-demand liquidity (ODL) service.
- 🌟 Senator Elizabeth Warren appears to have softened her stance on cryptocurrencies, acknowledging their potential to bank the unbanked and recognizing the failure of big banks to reach all consumers.
- 📈 The overall cryptocurrency market cap is at $1.5 trillion, with a positive 2% increase, indicating a green day for the market.
- 💡 Smart money or whales are known to buy dips and accumulate Bitcoin during significant price drops, showing a pattern of investment behavior.
- 🔄 Bitcoin is seeing wild patterns of coins moving on and off exchanges, with almost a 30,000 Bitcoin flow observed recently.
- 📊 XRP's price jump created a double bottom chart pattern, which could indicate a bullish trend for the cryptocurrency.
- 🤔 The speaker emphasizes the importance of not being swayed by FUD (fear, uncertainty, and doubt) stories and focusing on long-term investment strategies.
- 🔗 The Theta NFT drop is mentioned, offering benefits such as a private crypto portfolio consultation and a live Zoom session with the speaker.
- 🚀 The speaker expresses optimism about the future of cryptocurrencies, predicting significant growth and development in the industry, particularly around Q4 2021 and Q1 2022.
Q & A
What is the main focus of the news discussed in the transcript?
-The main focus of the news discussed in the transcript is the recent activities of 'whales' in the cryptocurrency market, the price movements and news related to XRP, Senator Warren's change in stance on cryptocurrency, and the upcoming Theta NFT drop.
How many Bitcoins have been accumulated by whales in the last ten days according to the transcript?
-In the last ten days, whales have accumulated 40,000 Bitcoins.
What is the significance of the partnership between Ripple and SBI and Coins.ph mentioned in the transcript?
-The partnership between Ripple and SBI (a major money transfer firm in Japan) and Coins.ph (a mobile payments firm in the Philippines) aims to enhance remittance options for Japanese-based Filipinos by utilizing Ripple's on-demand liquidity (ODL) feature, which can improve the efficiency and reduce the costs of international transactions.
What did Senator Warren initially express skepticism about, and how did her stance change?
-Senator Warren initially expressed skepticism about cryptocurrencies like Bitcoin. However, she later softened her stance, acknowledging that digital currencies could potentially help bank the unbanked and that there has been a failure by big banks to reach consumers across the country.
What is the Theta NFT drop mentioned in the transcript, and what does it include?
-The Theta NFT drop mentioned in the transcript is an event where individuals can purchase an NFT (non-fungible token) that comes with benefits such as a private crypto portfolio consultation, a live Zoom session with the speaker, a YouTube brand shout out, and a choice of merchandise like a v-neck or a special 'Chosen One' item.
What is the current market cap of the cryptocurrency market according to the transcript?
-The current market cap of the cryptocurrency market, as mentioned in the transcript, is 1.5 trillion dollars.
What is the speaker's overall outlook on the future of cryptocurrency?
-The speaker is optimistic about the future of cryptocurrency. He believes that there are many ongoing projects and developments that are doing good and contributing to the growth of the market. He also mentions that he doesn't see the cryptocurrency train stopping anytime soon and expects significant growth and 'fireworks' in the near future.
What did the speaker suggest about the price of Bitcoin and its comparison to the market cap of gold?
-The speaker suggested that the current market cap of Bitcoin and the cryptocurrency market, which is at 1.5 trillion dollars, is significantly lower than the market cap of gold, which stands at 12 trillion dollars. He questioned the value of gold compared to cryptocurrency and expressed his belief that the cryptocurrency market cap will continue to grow, potentially reaching levels comparable to that of gold.
What is the speaker's advice for investors who may have been misled by negative news or FUD about cryptocurrencies?
-The speaker advises investors not to be swayed by negative news or FUD (fear, uncertainty, and doubt) about cryptocurrencies. He suggests that investors should harden themselves, learn to identify and ignore such stories, and focus on long-term investment strategies rather than being influenced by short-term market fluctuations or regulatory discussions.
What is the significance of the 'smart money' or 'whales' in the cryptocurrency market?
-The 'smart money' or 'whales' are significant in the cryptocurrency market because they are large investors who have the ability to influence market trends. Their actions, such as buying large amounts of Bitcoin during dips, can indicate market sentiment and potential future price movements. The speaker suggests that these investors are often buying during market dips, which can be a signal for smaller investors to follow suit or at least not be deterred by temporary market downturns.
Outlines
📈 Market Analysis and Whale Activity
This paragraph discusses the current state of the cryptocurrency market, highlighting the recent acquisition of 170,000 Bitcoin by 'whales' or large investors. It emphasizes the importance of observing smart money movements and the potential for market growth. The paragraph also mentions the positive news for XRP following a Ripple announcement and touches on the change in Senator Warren's stance on cryptocurrency, illustrating the dynamic nature of the industry.
🔄 Bitcoin Flows and XRP Developments
The focus of this paragraph is on the patterns of Bitcoin movement on and off exchanges, with a significant inflow and outflow of around 30,000 Bitcoins. It also discusses the price volatility of Bitcoin and how long-term strategies can be beneficial despite short-term fluctuations. Additionally, the paragraph highlights the surge in XRP's price due to partnerships with major firms and the potential for XRP to remain bullish in the market.
🤔 Regulatory Updates and Themed NFT Drop
This paragraph covers the shift in Senator Elizabeth Warren's perspective on cryptocurrencies, recognizing their potential to bank the unbanked. It also mentions the support from other political figures in the crypto industry. The paragraph concludes with information about the upcoming Theta NFT drop, including the benefits for those who purchase the NFT, such as a private crypto portfolio consultation and a shoutout on the creator's YouTube channel.
👋 Closing Thoughts and Final Remarks
In the final paragraph, the speaker shares their belief in the resilience and potential of the cryptocurrency market, dismissing the negative FUD (fear, uncertainty, and doubt) stories. They express optimism about the future growth of the market, comparing the current state to the 2017 boom and predicting significant developments in the near future. The paragraph ends with a call to like and subscribe for more content.
Mindmap
Keywords
💡Bitcoin
💡XRP
💡Cryptocurrency Market Cap
💡Whales
💡Dollar-Cost Averaging
💡Exit Strategy
💡Sentiment Analysis
💡Ripple
💡On-Demand Liquidity (ODL)
💡Technical Analysis (TA)
💡NFT Drop
💡Regulation
Highlights
Whales have acquired 170,000 Bitcoin in the past six weeks, with a significant accumulation in the last ten days.
XRP price surges after Ripple's announcement of partnerships with SBI and Coins.ph, aiming to enhance remittance options.
Senator Warren softens her stance on cryptocurrency, acknowledging its potential to bank the unbanked and addressing the need to examine the design of crypto for potential risks and benefits.
The market cap is at $1.5 trillion, with a 2% increase, indicating a positive movement in the market.
Bitcoin is performing well, almost reaching $40,000, with a 4% increase in the last 24 hours.
Ethereum may potentially hit $2500, showing a strong trend.
XRP experiences an 11-12% increase, benefitting its holders.
AMP's rumored partnership with Amazon did not materialize, but the coin still shows potential.
The use of Trinity Trade is recommended for those looking to trade, offering 90% assurance in its strategies.
Smart money is characterized by buying dips and accumulating Bitcoin after significant price drops.
Bitcoin sees wild patterns of coins moving on and off exchanges, with almost 30,000 Bitcoin inflow versus outflow.
The long game strategy in cryptocurrency usually yields positive results over time.
Technical analysis can provide indicators for market trends, but should not be the sole basis for investment decisions.
The Theta NFT drop offers exclusive benefits such as a private crypto portfolio consultation and a live Zoom session with the speaker.
Despite skepticism from some financial institutions and corporations, the cryptocurrency market continues to grow and attract significant investment.
The cryptocurrency market is expected to see significant growth and development in Q4 2021 and Q1 2022, with major projects and advancements on the horizon.
The comparison between the market cap of gold and cryptocurrency highlights the potential for further growth in the crypto market.
Transcripts
welcome to the last that news take your
top stories and crypto and bring them
out of bite size pieces today just like
the thumbnail suggests
these are the things that smart money is
doing and the question is
are you doing the same things or did you
fall victim to thinking that
anything's really different so first up
whales acquire a
hundred and seventy thousand bitcoin in
the past six weeks and actually what's
more surprising is how much they've
accumulated
in the last ten days so we'll take a
look at what's going on there
on top of the fact that uh xrp climbs
eighteen 18
watch out after ripple announcement that
is great news for the xrp army
also we're going to do a quick follow-up
as uh senator warren
backtracks on cryptocurrency and says
it's actually good so
this is how democracy works you hear
some information and
actually change your mind and then we'll
quickly just go over the
theta drop but first up let's take a
look on the market so today is a good
day it's a green day
uh 1.5 trillion dollar market cap we're
up two percent i'd like to see those
types of uh
of moves in the positive direction but
you know whatever it is
if it goes down you can dollar cost
average and accumulate if it goes up
you can implement your exit strategy if
you want to or just sit on your hands it
doesn't really matter just watch the
fireworks go about so
here's what's going on as far as uh the
coins themselves so bitcoin
is uh doing pretty good almost at 40 wow
almost a 40 000 39
000 536 in the last uh 24 hours we're up
four percent
nice ethereum 2288 maybe you can hit the
2500 who knows
and uh tethers nobody cares finance two
percent cardinal up two percent
xrp watch out eleven percent twelve
percent pretty good
uh doge everything else is anything up
fantastically
wow eleven percent twelve 12 for tara
good job for tear holders
and amp 11 i know there was some kind of
uh
um rumor that amp was going to use with
amazon that got that fell flat but we
talked about that yesterday
also if you're uh looking to trade some
things not a great trader
take a look at trinity trade the chain
this is what uh
we use every single day and with 90
percent assurance not these one with
none of tweets let's take a look at this
one
between negative 15 and 20 up red coin
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cavio monacoin synthetics near protocol
and sushi if you can get on your uh your
trading fix
all right that's what's going on the
market let's take a look what is going
on
uh for today so this article
about smart money it always never
well it never surprises me um how the
more things
change the more they stay the same
nothing really changes and everybody
always tells me rob you understand this
time is different
this time is different the market's
going to totally crash and go away i'm
like
okay i mean maybe i don't know and uh i
just keep saying the same thing
and the same things keep happening smart
money comes in there
they buy these dips and massive amounts
they you know they wait for a certain
time they don't buy
every single dip but in this one they've
been buying uh pretty aggressively so
uh if you were fooled into thinking that
um
you know this market was gonna go away
and you had all those fun stories
which is why i cover these fun stories
to tell you about the fud
and tell you why it doesn't matter these
the things you have to watch out for
to harden yourself as in as a long-term
investor now look
this is just investment opinion not
investment advice but these are the
things that i see
so what is going on here so uh
here we go wales acquire a hundred and
seventy thousand bitcoins so according
to a recent tweet by sentiment
bitcoin wales or wallets holding between
110
000 bitcoins that's pretty good have
been purchasing bitcoin since may and
what happened in may
well we had an all-time high and people
sell off sold off
and uh they just waited for these huge
dips 50
and now they're buying back up again not
rocket science
when the largest crypto began descending
from his all-time high okay
over the past five weeks they
let's just say we'll just call them
smart money or whales have accumulated
another 130 000 bitcoin that was in
five weeks 130 000 but in 10 days
just in 10 days 40
000 bitcoins have been accumulated
here's a
nice little chart right here which shows
you what's going on rip
to the moon alice and that is
essentially the big news so
i would just say this if you got fooled
and you thought ah you know nothing's
really going to happen and these these
wells are going to go away and they're
going to put into equities or something
like that
don't feel bad because it's just it's
just one of those things where you have
to get used to and sometimes you have to
see it like three
five 20 times before you're like okay i
get it
it's the same thing all the time and uh
just harden yourself and you know find
these types of
uh of information and maybe at some
point you can finally go you know what
i think i see where it's going i don't
care about these fun articles i don't
care about the regulation i don't care
about
uh senators talking about whatever else
or or this person saying that it's going
to go to zero it's not
just how it is and uh you can just start
to you know make those moves
appropriately
and be a little more ready so that is
that little piece right here and there
was also a nice little snippet i wanted
to bring
to light this was from sentiment as well
and it's very strange it talks about let
me blow this up a little bit
so it says here bitcoin is seeing wild
patterns of coins moving on and off
exchanges
there was plus almost 30 000 bitcoin
inflow versus outflow and what they're
talking about
is this image right here you can see it
this green uh lines which pretty erratic
these are of course uh the price of
bitcoin and you can see it over here
it goes from 29.5 all the way up to 65
too
so this green part here as you can see
on the middle part you can't see my
mouse unfortunately sorry
but uh that at the very middle is when
bitcoin hit roughly 65 000
and you can see that uh of course there
was a lot of
volatility at that point and then as
soon as it dropped people started to
accumulate
and they took it off of the exchanges
and now
going all the way the right hand side
you can see a lot of people put on the
exchanges
early july and now they're massively
taking it off
but we can see that the actual bitcoin
price is going up so who knows
where that is going but in all honesty
it really doesn't matter
because if you just play the long game
usually it works out for you
again not investment advice is just what
i'm doing so let me know what you think
about that in the comments section
let's move on to our next piece xrp
watch out
so i like i like positive stories about
crypto i know some people hate xrp and
some people love xrp
it doesn't matter it's just a it's just
an investment
really not like it's uh you know gonna
take anything over uh as far as like
family or something like that but these
are great stories
so what is going on here so
uh apart from general bullish trend
xrp let me let me highlight this you can
see it xrp
price surged after the parent company
ripple reached an understanding
with the sbi which is the major money
transfer firm in japan
and coins.ph mobile payments firm in the
philippines
and this is good news but what the heck
is going on so this partnership aims to
enhance remittance options for japanese
based
filipinos through ripples on demand
liquidity odl
ripple uses its x rapid international
payment system
to provide odl to users wishing to
perform financial transactions okay
so that's pretty much the big stuff here
and i'll get to that in a second to the
double bottom
but i just want to make sure everybody
knows so like
when you're transferring money uh
between banks and the swift system
all these banks they have to pre-fund
all these other international banks
with their currency so if i want to
transfer money over to
from america to mexico well that bank
has to have dollars and pesos
and then also if you want to transfer it
over to to europe it is
you know all the different uh currencies
that are over there uh the euro
and the dollar and whatever else you
want to have and they all have to
pre-fund which is
quite kind of expensive on top of the
fact that the transaction fees are
pretty darn high that's where the banks
make the much
money so with xrp what they said is like
look
because of this distributed ledger there
is a
uh x rapid and
x current so x current is kind of like
it's pretty much the old way of doing
things kind of like swift
it's all about uh communications and uh
really just just text
going back and forth and it really
doesn't do too much it helps out a
little bit
but the big thing here is x rapid so
instead of having to pre-fund everything
and really increase the cost x rapid is
called on-demand liquidity
because on the other side you just have
the xrp ledger
and you can just start to transfer funds
around
just to the ledger and you don't have to
pre-fund anything and that's where the
whole magic
kind of comes into it so xrp versus
actual ledger that is a big thing
so to finish this up xrp jump creates a
double bottom
after xrp sharp rise falling
announcement tattoo indicator showed a
double bottom indicated xrp
might remain bullish throughout the
temporary
trading session sessions so i'll just
say this
for technicals i don't know um
that you can actually say that it's
going to be bullish for a huge amount of
time i mean these are all indicators
there's one indicator that says it's
bullish then the couple might say it's a
little bit bare so
don't put all your eggs in one basket
technicals ta can
take you a lot of pretty far places as
far as like trying to get
into a position and out of position but
to just go yeah it's going to be bullish
for
you know uh quite a long time yeah sure
goodness so anyhow that's what's going
on with xrp
so let's take a look what's going on
with senator warren as she
backtracks some information so i know
people don't some people really hate
elizabeth warren
some people love her to death same thing
but uh
on this channel it's not political it's
just these are the types of things that
as far as putting information out there
as far as regulation yesterday we talked
about how
uh senator warren was not a fan of
cryptocurrency and then like 24 hours
she like
turns her you know does a total 180 not
a total one any but
she leaves the door open and here's
what's going on a known
skeptic of cryptocurrencies like bitcoin
warren appeared to have softened her
stance in the crypto industry in a cnbc
squawk box
she states that digital currencies could
be an instrument to
bank the unbanked and i gotta agree with
her makes a lot of sense
and we're doing great things over in el
salvador so why not
she states this there has been an
enormous failure
by the big banks to reach consumers all
across the country
digital currencies and central bank
digital currencies may be an answer
there
uh i will applaud that that sounds good
but she states the question we have to
ask is to look at the design of crypto
to see where it may be better
but also see where it may inject its own
risks into the system
and uh look the same thing i mean
two big champions of cryptocurrency
uh is uh toomey uh senator toomey uh
congressman sumi i think he is and
senator loomis from wyoming
so when they started talk about they
said the exact same thing like hey
this is going to really help a lot of
people but we need to take a look at
you know some of the pitfalls that have
been addressed
so i'm actually kind of blown away it
actually took this less amount of time
that's the whole thing of the democracy
people come in with their ideas they
kind of flesh it out
they kind of work together and go okay
well i see your point here
let's work on this or i don't really see
that there and this is why i don't see
that point
so as far as like movement hey if we can
keep doing this
maybe we'll get an etf approved by the
sec who knows
crazier things have happened anyhow let
me know what you think about that in the
comments section and lastly
or next to last i guess just so you know
that the theta drop
or the theta nft drop is open in an
hour and a half which is probably when
i'll have this video up because i gotta
edit so much
i don't really edit that much and this
is what we have
so just like yesterday if you
purchase the nft there's a private
crypto portfolio consultation
you get a live zoom session with me uh
youtube brand shout out if you got like
a business you want to buy something
like that i'll talk about your business
on my channel
within reason there's some businesses i
will not talk about so
uh i reserved the right to to be like uh
hey i'm
gonna talk all right i can't talk about
like if you're in gambling
i can't talk about that on youtube i'm
sorry uh we do enough gambling on uh
as traders and then uh there's also the
v-neck and also this one here is my
favorite this is uh the chosen one
and uh that is uh ten bucks and you can
there's there's an infiniti
there's a ton of them allowed but it's
only available for 24 hours so
that is it link in the description and
that is the
token drop and here are my final
thoughts
about what's going on which i got to
tell you
that first piece was really the big
story to me and i hope it's
hope helps you to realize that these
things that the people talk about
like guggenheim ceo uh scott menard
and jp morgan talking about how they'll
never let their
um their people get into cryptocurrency
and these different banks
just you know say how awful crypto and
they're not going to do anything or even
amazon who comes out and says
we're not doing anything with crypto yet
they're hiring for a
crypto professional so like all these
different fud stories that you hear
and you think it's not never going to
come back because i mean we're just
getting this lull and we're going to be
in this
crypto winner for three years i just i
personally don't see it like that
i see there's just too many rails that
have been built over the last four years
once
i got in to what's going on it's just
too much
money to make this thing stop there's
too many
projects that are doing so too much good
world mobile token being one of them and
meld
and uh i just think that there's
for this train to get stopped anytime
soon in its tracks
it's not now we haven't hit that
parabola crazy
uh movement like we did in 2017 i mean
look
we went from bitcoin we just doubled our
market cap that's not that's nothing
nothing i mean 2.5 trillion dollars you
know the market cap of gold is 12
trillion what does that do
so i mean i own gold and silver don't
beat me up i just don't
see how we can't just makes no sense to
me
how we can be at 1.5 trillion of golds
at 12 trillion dollars and i'm like
what does it really do you can wear on
your wrist who cares and then uh
you know it can be a store value i'm not
going to get into it
all i'm trying to say is i think that's
on the horizon we're going to see some
fireworks look at q4
2021 or even q1 2022 and i just had an
interview with uh
one of the guys at avalanche for
cryptocurrency
big things are coming on the pipe in
that time frame and it seems like
everything's happening around that time
so that's all i got
look uh that is it for today so if you
liked the video
thumbs up subscribe i really appreciate
you stopping by and watching the whole
thing the very end
that is it for today see you on the next
one
you
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