Daily Crypto

Elon Musk’s Doge Pumping Lawsuit | June 17 2022

dustinknouse — Fri, 17 Jun 2022 15:37:34 +0000

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Why is Elon Musk being sued over Dogecoin? Why are GPU prices dropping? What will Anna Sorkin’s NFTs be? How is Sandbox teaming up with Lionsgate? All this on today’s episode of Crypto Daily.

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GPU prices are falling well below MSRP due to the crypto crash

Elon Musk, Tesla and SpaceX Hit With $258 Billion Dogecoin Lawsuit

Convicted Fraudster Anna Delvey is Launching a Collection of ‘Reinventing Anna’ NFTs

This Week in the Metaverse: Hellboy comes to The Sandbox, Charli XCX performs on Roblox

New Scam Token and Jurassic Park NFTs | Jun 8 2022

dustinknouse — Wed, 08 Jun 2022 18:53:27 +0000

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Will PayPal allow you to send Crypto? What is in the new Crypto Bill? Is the Fortnite token a scam? What will the first NFT game on the Epic Games store be? How is AMC celebrating the new Jurassic Park film? All this on today’s episode of Crypto Daily.

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Why PayPal Will Finally Let You Send Crypto To External Wallets

SENATOR LUMMIS INTRODUCES LANDMARK BITCOIN BILL: HERE’S WHAT’S IN IT

Consumer advocates in Washington reject bill that would regulate crypto industry

Epic Games boss Tim Sweeney warns that the Fortnite Token cryptocurrency is a scam

Grit will be the first NFT game to launch on Epic Games Store

Epic Store’s First NFT Game Looks Like Crap

AMC Launching ‘Jurassic Park’/’Jurassic World’ Double Feature: How You Can Get A Free NFT

First US Crypto Bill and Another Virtual Land Rush | June 7 2022

dustinknouse — Tue, 07 Jun 2022 16:15:39 +0000

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When will the first US bill on Crypto be announced?

What company keeps buying Bitcoin?

What’s the latest NFT land rush?

What is the English Premiere League planning in the metaverse?

All this on today’s episode of Crypto Daily with Dustin Knouse.

Resources:

U.S. Senator Lummis bill integrating crypto into financial system to be unveiled this week

Microstrategy takes on $2.4 billion in debt to buy bitcoin despite recent volatility

Crypto is here to stay despite recent volatility, says Deepak Chopra

Ethereum NFT Game Illuvium Sells Over $72M in Digital Land Plots

$72 Million Raised In Virtual Land Sales By Illuvium, An NFT Game Involving Alien Worlds And Battle Missions

English Premier League Files Crypto and NFT Trademarks

Markets WILL Rise and Johnny Depp Wins Again | June 6 2022

dustinknouse — Mon, 06 Jun 2022 16:05:33 +0000

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What will the near future look like for Bitcoin, Ethereum, and crypto overall?

Will regulators let Bank of America into the crypto space?

What is New York doing to hurt Bitcoin?

What is the DeLorean doing in the metaverse?

How is Johnny Depp’s NFT collection doing after the Amber Heard trial?

All on today’s episode of Crypto Daily with Dustin Knouse.

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Bitcoin Will Hit $100K When Bear Market Ends, These Analysts Predict

Ethereum Hitting $10K By End Of 2022 Still Possible, Bitmex Former CEO Says

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto

Landmark bill to limit energy-intensive cryptomining passes New York Legislature

New York just passed a bill cracking down on bitcoin mining — here’s everything that’s in it

The DeLorean enters into NFTs and the metaverse filing two trademark applications

Johnny Depp NFTs Rally After Actor Wins Vs. Amber Heard In Defamation Case

Will Ethereum Remain King? | June 2 2022

dustinknouse — Thu, 02 Jun 2022 16:07:15 +0000

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Will Venture Capitalists keep dumping money into crypto? How is Draft Kings going to continue to double down on crypto? How is Netflix using NFTs? What is Ethereum’s newest milestone? All this on today’s episode of Crypto Daily with Dustin Knouse. Be sure to follow me on:

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CEO Of DraftKings Outlines New Plans For Embracing Cryptocurrency Payments

Morgan Stanley Says Record Crypto Venture Capital Investment to Slow

Wait, there are NFTs hidden in Netflix’s latest hit series?

Ethereum Leads And Breaches $25 Billion Mark In All-Time NFT Sales

The 59 Million Dollar Scam | May 18 2022

dustinknouse — Wed, 18 May 2022 15:47:23 +0000

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How is Robinhood planning to get more crypto cred? How did a man con people out of $59 million? What happened to Seth Green’s NFTs? What’s the next big thing for LinkTree? All on this episode of Crypto Daily with Dustin Knouse.

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Robinhood Announces Non-Custodial Wallet

New York crypto company CEO arrested by FBI, charged with fraud

Seth Green Is Imploring People Not To Buy His Stolen NFTs After Falling Victim To Phishers

Linktree is rolling out new features to allow creators to showcase their NFTs

Can Crypto Be Used To Get Around Sanctions? | May 16 2022

dustinknouse — Mon, 16 May 2022 16:40:56 +0000

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Can the justice department go after you for using crypto to get around sanctions?

Will England endorse stablecoins?

How can win clubs take advantage of NFTs?

What is Todd McFarlen doing for Spawn’s anniversary? All this on today’s episode of Crypto daily.

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U.S. issues charges in first criminal cryptocurrency sanctions case

Stablecoins Receive Queen’s Blessings As UK Braces For Landmark Crypto Legislation

An NFT Wine Club with Exclusive Bottles and Perks

Spawn Creator Todd McFarlane and DJ Steve Aoki Launch ‘Oddkey’ NFT Platform

Exchange Bankruptcies and Mr. Bean NFTs | May 12 2022

dustinknouse — Thu, 12 May 2022 22:14:08 +0000

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Will Coinbase go bankrupt? What are Germany’s crypto income tax laws? How will OpenSea stop scammers? What would a Mr. Bean NFT collection be like? All this on today’s episode of Crypto Daily with Dustin Knouse.

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Coinbase warns its 98million customers they may lose ALL their crypto if company goes bankrupt after shares plunged 27% this week

Germany Won’t Tax Bitcoin, Ethereum Sold After One Year of Possession

OpenSea is adding NFT copy detection and verification features

There’s a Mr. Bean NFT collection because of course there is

The Decline of Bitcoin Mining NASA’s Martian Metaverse | May 11 2022

dustinknouse — Wed, 11 May 2022 16:10:36 +0000

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What’s next for crypto markets? Will exchange platforms be held responsible for scams? Why are miners leaving Bitcoin? What is that Martian Metaverse? Can you own Virtual cats? All on this episode of Crypto Daily with Dustin Knouse.

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Mark Cuban is reliving the internet boom when he looks at crypto. The ‘consolidation phase’ is coming, he says

WOMAN SCAMMED FOR $8 MILLION IN CRYPTO, SUES EXCHANGES

Miners are migrating from Bitcoin to Ethereum to mine because…

NASA Partners With Epic Games to Create a Martian Metaverse Simulation

Petaverse Network will make virtual NFT cats using Polygon

Government Bitcoin Bans and Instagram NFTs | May 10 2022

dustinknouse — Tue, 10 May 2022 16:38:09 +0000

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Will Governments band Bitcoin and how? Can you achieve a full hash rate with Nvidia LHR cards? Why are more muggers targeting phones? Will Instagram add NFTs? Do Starbucks employees support NFTs? All on this episode of Crypto Daily.

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Chief strategist warns governments planning to implement ‘de facto’ Bitcoin ban

Nvidia LHR Fully Unlocked: “NiceHash” Allows 100% Ethereum Hashrate On RTX GPUs

Now people are being mugged for their crypto

Instagram will begin testing NFTs this week for a handful of users

Starbucks Employee Tells Top Exec He’s ‘Very Worried’ About Plan for NFTs

Massive Adoption and Heavenly NFTs | May 6 2022

dustinknouse — Fri, 06 May 2022 16:20:03 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

How many people have used crypto? Will South Korea keep it’s crypto ban? Do females know about Bitcoin? Can NFTs bring you closer to God? Do you remember the dancing baby gif? All these are answered don’t his episode of Crypto Daily.

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33% Of Britain’s Consumers Have Used Crypto, Coinbase Report Reveals

South Korea set to remove ban on ICO, new govt to improve crypto regulation

The Female Bitcoin Awakening: Why The Gender Gap Is Closing

Your Prayers Have Been Answered: The Vatican Will Sell NFTs

Internet Sensation Dancing Baby Gif Has Evolved into a Full NFT Collection

Why Markets Are Up and Land Sale Scammers | May 5 2022

dustinknouse — Thu, 05 May 2022 14:22:24 +0000

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Why did crypto jump in price one Wednesday? What was Gavin Newsome’s Executive Order on crypto? Why did the SEC rename its cyber unit? How are scammers talking advantage of the Bored Ape Yacht Club virtual land sale fiasco? And how can Steve Irwin’s family make environmentally friendly NFTs? All on this episode of Crypto Daily.

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Bitcoin jumps above $40,000 briefly, as Fed chair Jerome Powell said the central bank is not actively considering 75 basis point hike

California governor signs executive order to create a crypto framework

SEC Renames and Expands Crypto Enforcement Unit by 20 Personnel

Scammers Net $5M In Stolen NFTs After BAYC Virtual Land Sale Disaster

Crikey! The Irwin family are getting into crypto as they announce a lucrative deal to jump on the controversial NFT bandwagon

Seed Phrase Vulnerability and Insane Gas Fees | May 2 2022

dustinknouse — Mon, 02 May 2022 16:06:39 +0000

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Market crashes are caused by upcoming Fed hikes, how your smartphone can predict your seed phrase, Solana’s weekend crash, the airline industry might change due to NFTs, and Yuga Labs causes insane Ethereum gas fees.

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With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions

Warning: Smartphone text prediction guesses crypto hodler’s seed phrase

Solana Goes Dark for 7 Hours as Bots Swarm ‘Candy Machine’ NFT Minting Tool

How some airlines are getting involved in blockchain, cryptocurrency and NFTs

Yuga Labs raises $320M in virtual land sales but causes Ethereum processing cost spike

You can follow Crypto Daily wherever you get your podcasts by clicking here.

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With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions

Warning: Smartphone text prediction guesses crypto hodler’s seed phrase

Solana Goes Dark for 7 Hours as Bots Swarm ‘Candy Machine’ NFT Minting Tool

How some airlines are getting involved in blockchain, cryptocurrency and NFTs

Yuga Labs raises $320M in virtual land sales but causes Ethereum processing cost spike

Universal Adoption and Disney’s Metaverse | April 28, 2022

dustinknouse — Thu, 28 Apr 2022 15:52:36 +0000

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Cuba is approving digital asset companies, the Idaho Department of Finance issues a warning about growing scams against investors, the majority of people believe Crypto will be universally adopted in 10 years, Disney is laying out their plans for the metaverse, and music artist are making far more from NFTs and blockchain that any streaming service.

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Cuba Approves Cryptocurrency Services, Requires Central Bank License

Department of Finance issues warning to Idahoans about online cryptocurrency investment scams

Cryptos will be universally adopted within 10 years and overtake traditional investments — new survey

From 2D to Web3: Disney is working on a metaverse game plan

Music artists are making what they’d earn from 1 million streams in ‘2 minutes’ with NFTs. Now they’re turning toward Web3 — right alongside Snoop Dogg

Bitcoin Mining Legislation and Play-To-Move NFTs | April 27 2022

dustinknouse — Wed, 27 Apr 2022 15:16:24 +0000

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NY bans new Bitcoin Mining while Forth Worth, Texas installs mining rigs in their capital building, Binance has made a Crypto Card for Ukrainian refugees, there’s a new move-to-earn NFT platform, and businesses will be able to mint on Ethereum for free — with no environmental impact.

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New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power

Fort Worth to Become First US City to Mine Bitcoin

Binance creates crypto card for Ukrainian refugees

NFT Move-To-Earn — Get Rewarded With Crypto While Jogging

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

Cardano’s Expansion and Crypto in Space | April 20 2022

dustinknouse — Tue, 26 Apr 2022 17:31:27 +0000

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Cardano expands the size of its blocks, the crypto industry is stealing lawyers by offering huge salaries, Shiba Inu has a new burn portal, Bored Ape Yacht Club’s Instagram was hacked, and the Crypto Space Agency might send you to space!

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Banking Resignations and Tiffany NFTs | April 25 2022

dustinknouse — Mon, 25 Apr 2022 18:07:54 +0000

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Banking leaders are leaving traditional finance to join the crypto industry, Stripe will allow companies like Twitter to pay users in crypto, Tiffany has made a real copy of a crypto punk, and Limewire 2 will be an NFT market thanks to Steve Aoki and DeadMau5.

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Why more bankers are leaving stable jobs for the high-flying world of cryptocurrency

Stripe will enable companies to pay users in cryptocurrency through its platform

LimeWire raises $10 million in private token sale to grow music-linked NFT platform

Tiffany & Co.’s VP Alexandre Arnault Converts His CryptoPunk Into a Pendant

Bitcoin Sanctions and Metaverse GTA | April 21 2022

dustinknouse — Thu, 21 Apr 2022 15:55:52 +0000

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The US Treasury issued the first-ever Bitcoin mining sanctions, the price of mining rigs has dropped, Coinbase launched a beta NFT Marketplace, and Sinverse claims to be the GTA of the metaverse.

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Cryptocurrency miner in latest Russian sanctions targets

U.S. Treasury sanctions Russian bitcoin miners as war enters its third month

Cost Of Bitcoin Mining Rigs Has Been On A Downward Spiral Recently

Coinbase launches NFT marketplace in hopes of appealing to crypto and mainstream users

Rated R, Open-World Game “SinVerse” Wants To Be The GTA Of The Metaverse

Will Crypto Survive a Recession? | April 19, 2022

dustinknouse — Tue, 19 Apr 2022 15:16:23 +0000

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As Goldman Sachs predicts a 35% recession this year, one economist believes it will send Crypto soaring, big movement for Shiba Inu after a whale spends millions on the token, and the perfect dow for movie fans, and the new NFT collection giving CryptoPunks and Bored Apes a run for their money.

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Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher

Biggest Ethereum Whale Acquires 223B Shiba Inu Worth Over $5.7M; Ranks Top Holding Of Largest ETH Wallets

What Are Moonbirds NFTs? Why Are They Crushing Bored Ape/Mutant Ape In Sales?

Actor Matthew Lillard And Director Bill Whirity Create “Decentralized Movie Studio”; First Project Is Vampire Film ‘Let Them Die’

North Korean Hackers and NFT Adoption | April 15, 2022

dustinknouse — Fri, 15 Apr 2022 20:58:46 +0000

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FBI Announced a hacking group stole from Sky Mavis, Treasury Secretary made her first announcement about cryptocurrency, XRP boom, Amazon’s CEO said they may offer NFTs, and the NFT market cap will exceed Bitcoin’s.

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FBI says North Korean hackers stole more than $600 million in cryptocurrency in single hack

‘National Security’ — Yellen Let Slip Her Plan to Regulate Crypto As The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, And Dogecoin Sink

$2.4 billion inflows XRP market cap in a day almost wiping April losses

Amazon CEO Says Cryptocurrency Payments Aren’t Happening Soon But NFT Listings Might

Gate.io marketing chief: NFTs will 100% surpass the market cap of Bitcoin in the future

Where is Bitcoin Going and an NFT Flop

dustinknouse — Thu, 14 Apr 2022 16:21:40 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.
In my return to Crypto Daily, I discuss the thoughts on where Bitcoin is going, a $2.9 million NFT flop, and Mastercard obtaining trademarks in the Metaverse. Be sure to follow me on:

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Number of Bitcoin whales falls around 5% in 4 days; Is a further BTC price decrease imminent?

Bitcoin could hit $100,000 within a year, crypto firm’s CEO predicts

Guy Buys NFT For $2.9 Million, Asks for $48 Million, Is Offered $3600

Mastercard files for more than a dozen metaverse and crypto trademarks

Crypto in the Ukraine and Russia Crisis | March 8 2022

dustinknouse — Tue, 08 Mar 2022 15:58:13 +0000

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A new NFT project to arrest Putin and help Ukraine, Warren’s proposal to block Crypto transactions in Russia, Binance and Coinbase believe crypto is too small for Russia to deal with, and the Swiss are making crypto sanctions against Russians. Resources:

Jail Putin, Save Ukrain NFT project by Innapropes

https://opensea.io/assets/matic/0x2953399124f0cbb46d2cbacd8a89cf0599974963/21776504317130002570808044969903631372900810318488558608329485970114101741216

Warren crafts bill targeting cryptocurrency in Russia sanctions

Binance, Coinbase Explain Why Cryptocurrency Won’t Help Russia Evade Sanctions

Switzerland Says It Will Freeze Russian Crypto Assets: Report

Largest Crypto Bounty and Metaverse Sports | Feb 23 2022

dustinknouse — Wed, 23 Feb 2022 15:09:35 +0000

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Coinbase pays its largest crypto bounty to date, Gene Simmons is selling his home from Crypto, the petaverse is coming, and Manchester builds the first virtual stadium.

Resources:

Coinbase pays out largest bug bounty ever for trading interface flaw

Gene Simmons is selling his house for cryptocurrency, because of course he is

Adopt Your Own Virtual Dogs! DOGAMÍ Announces NFT Minting Phase

Manchester City is building world’s first football stadium in the metaverse

Celebrity Pump and Dump and Metaverse Banking | Feb 21 2022

dustinknouse — Mon, 21 Feb 2022 17:27:29 +0000

https://cryptodailyshow.com/media/e19e572648ccde7746766de0eb14db9d

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Jake Paul, Soulja Boy, and Nick Carter have a class-action lawsuit filed against them over the Safe Moon pump and dump scheme, California wants to make crypto a recognized currency for paying taxes, the feds aren’t allowing it’s officials to invest in Crypto, JPMorgan is the first bank in the metaverse, and FTX is creating a gaming platform. Be sure to follow me on:

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SafeMoon pump-and-dump lawsuit targets Jake Paul, Soulja Boy and others

New bill could make bitcoin legal tender in California

FED bans senior officials from investing in Bitcoin

First major bank enters the metaverse

FTX to Roll Out Crypto Service for Games Publishers

Ice Phishing and Motorsports | Feb 17 2022

dustinknouse — Thu, 17 Feb 2022 17:16:45 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

Twitter adds Ethereum tipping, Microsoft Defender warns against phishing scams, Animoca Brands acquires Grease Monkey Games, and Bitby announces a partnership with Red Bull Racing’s Formula 1 team. Be sure to follow me on:

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Resources:

Twitter leans into Ethereum shortly after Bitcoin-loving CEO’s exit

Microsoft warns of emerging ‘ice phishing’ threat on blockchain, DeFi networks

Animoca Brands buys indie developer Grease Monkey Games

Red Bull Racing Team Inks Multiyear, $150M Deal with Bybit

Crypto Muggings and Music Legend NFTs | Feb 16 2022

dustinknouse — Wed, 16 Feb 2022 17:40:36 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

I show off my new NFT shirt made by VinPix, discuss the rising crime of crypto muggings, kidnappings, and killings, SoFi’s CEO saying he personally owns Bitcoin and Ethereum, and companies that ignore crypto will be left behind, Warren Buffett’s company dropped Visa and Mastercard for a Crypto company, Snoop Dogg making the first Metaverse record Label, and Nirvana NFTS made from never before seen photos.

Resources:

www.vinxpix.com Criminals are preying on flashy crypto owners. Crypto culture’s love of flaunting wealth and success is making it easier.

SoFi CEO says he owns bitcoin and ether — and warns that companies who don’t take advantage of crypto will be ‘left behind’

Warren Buffett’s Berkshire Hathaway dumps Visa and Mastercard stock and buys $1bn in Bitcoin fintech Nubank

SNOOP DOGG ANNOUNCES DEATH ROW WILL BE THE FIRST MAJOR LABEL IN THE METAVERSE

Rare Live Photographs of Nirvana From 1991 To Be Sold as NFTs

Cardano Pays Hackers and NFTs Pay Better | Feb 15 2022

dustinknouse — Tue, 15 Feb 2022 19:04:40 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

Cardano raises their bounty for hackers to find bugs, Ethereum Capital is increasing how much it is staking in the smart contract network, Blockfi is forced to pay $100 million dollars in fees thanks to the SEC, Steve Aoki says he makes more from NFTs than records, and LOOKSRare has upset their community by withdrawing $30 million. Resources:

Cardano announces the doubling of rewards for hackers to spot possible vulnerabilities

Ethereum Gets Extra $38M In Staking From Ether Capital, Why Are They Doubling Bet On This Network?

SEC issues warning to crypto lenders as BlockFi hit with $100m in fines

Steve Aoki Says He’s Made More Money With NFTs Than From 10 Years of Music Advances

LooksRare Team Cashes Out Big On Staked Tokens, Community Gets Furious

Government Innovations and Cleaner Crypto Mining | Feb 14 2022

dustinknouse — Mon, 14 Feb 2022 16:55:20 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

Superbowl ads were filled with crypto, New Hampshire’s governor created an executive order to make a commission on crypto, Canada introduced a bill to encourage innovation in crypto with guidance from industry leaders, the United States has become the new Bitcoin mining capital of the world, minors look for cleaner ways to mine with GEM Mining using 97% renewable energy, Intel is releasing a chip designed for mining that uses less energy, and today is Market Cap Monday.

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry

Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth

U.S. is now the ‘Bitcoin mining capital of the world:’ GEM Mining CEO

Intel says its new crypto chip is designed to be energy-efficient

North Korean Bitcoin Hacks and Less NFT Users | Feb 10 2022

dustinknouse — Thu, 10 Feb 2022 15:58:06 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

New York state is being criticized over its tough crypto rules, Tennessee is looking to invest in crypto and NFTs with idle money, North Korea accuses the US of stealing Bitcoin after UN accuses NK of stealing over 1.8 billion in Bitcoin, Salesforce might be competing with OpenSea in NFTs, NFT marketplaces are losing active users, and Melania Trump’s NFT creator bought back their own work. Be sure to follow me on:

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Resources:

Bill Ackman calls on New York to fix its crypto-unfriendly rules — and asks how NYC’s mayor can even spend his bitcoin paycheck

Tennessee lawmaker introduces bill which would allow state to invest in crypto

North Korea Fires Crypto Bomb At US, Calls It ‘King of Theft’

Salesforce tells employees it’s working on NFT cloud service

NFT prices misfire as OpenSea daily active user volume drops 30% in a week

Analyzing the Very Bizarre Sale of Melania Trump’s $170,000 NFT

Bitcoin Laundering Arrests and GTA6 NFTs | Feb 9 2022

dustinknouse — Wed, 09 Feb 2022 16:56:09 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

A bitcoin laundering couple is arrested with billions of dollars seized, Russia has made a decision on cryptocurrency (and it’s not a ban), Wells Fargo has predicted massic adoption is coming and that crypto is still in its infancy, Grand Theft Auto 6 (GTA6) may include NFTs, and an Indian couple’s blockchain wedding with NFTs vows. Be sure to follow me on:

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Resources:

Justice Dept. Seizes $3.6 Billion in Bitcoin and Arrests Married Couple

It’s ‘Still Early’ — Wells Fargo Issues Huge Bitcoin And Ethereum Price Prediction As Extreme Volatility Hits BNB, Solana, Cardano And XRP

Russia Expected to Regulate Crypto Like Foreign Currencies: Report

Take-Two CEO doesn’t want GTA 6 to stay stuck in the past

This Indian Couple Exchanged NFT Vows With a Digital Priest on the Blockchain

Crypto Tax Returns and Wasteful NFTS | Feb 8 2022

dustinknouse — Tue, 08 Feb 2022 16:20:47 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, we discuss show Ukrainian volunteers are taking Bitcoin donations to help with aid, how you can get your tax return in crypto this year, a Dutch family that moved to Portugal for their 0% tax on crypto, wasteful NFT projects that are causing congestion and higher traffic fees for everyone, and a monastery being built in the metaverse. Be sure to follow me on:

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Resources:

Bitcoin donations are pouring into Ukraine as Russia masses troops on the border

TurboTax Now Lets You Get Your Tax Refund in Crypto

The family that put all its money into crypto has moved to ‘bitcoin heaven’ Portugal for its 0% crypto tax

A crypto project is using up whole Ethereum blocks and turning them into NFTs

Building the World’s First Monastery In the Metaverse

Lower Ethereum Fees and NFT Scammers | Feb 7 2022

dustinknouse — Mon, 07 Feb 2022 17:00:25 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the US introducing a bill to make some crypto transactions tax-exempt, how the co-founder of Ethereum has a way to lower gas fees and congestion on the network, the massive increase in Shiba Inu this week, a growing NFT scam, and Disney looking for hire NFT experts.

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Resources:

Congress Introduces A Radical Crypto Bill To ‘Unleash Innovation’ As The Price Of Bitcoin And Ethereum Suddenly Soar

Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees

SHIB surges 33% in a week as $3.5 billion infused into Shiba Inu’s market cap

Shiba Inu Coin Emerges As Most-Traded Token By Top 1,000 Ethereum Wallets

NFT SCAMMERS ARE USING A SNEAKY TRICK TO MAKE THEIR JPGS SEEM LIKE THEY’RE WORTH A FORTUNE

Disney Is On The Lookout for NFT Experts

A Crypto Rug Pull and Olympic Play to Earn | Feb 3 2022

dustinknouse — Thu, 03 Feb 2022 18:24:20 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss CoffeeZilla’s uncovering of Paul Denino AKA Ice Poseidon’s crypto rug pull scam, a warning about a new SEC definition from the Crypto Mom AKA Hester Peirce, Facebook’s criminal case over advertising practices, the new Olympic play-to-earn game, and their NFTs, Cameo’s new pass to exclusive events. Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

SEC’s proposed rule on exchanges could threaten DeFi, says Crypto Mom

Notorious YouTube Streamer Stole $500,000 From Fans In Crypto Scheme (And Won’t Give It Back)

This Famous Livestreamer Stole $500,000 From His Fans

Facebook Faces Criminal Case From Australian Billionaire Over Scam Cryptocurrency Ads

International Olympic Committee partners with developer to launch game with NFT prizes

Arizona Bitcoin Bill and Metaverse Mortgages | Feb 2 2022

dustinknouse — Wed, 02 Feb 2022 16:15:30 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the new bill in Arizona making Bitcoin a legal tender in the state, how there are more Bitcoin wallets without a 0 balance than ever, the SEC delaying its decision on a Spotcoin ETF, Coachella’s NFT collection that offers lifetime passes and a VIP experience, and how Metaverse Mortgages are now a thing. Be sure to follow me on:

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Resources:

Bitcoin May Soon Be Accepted Like Cash in Arizona

Bitcoin Bullish Signal: Number Of Wallets With Non-Zero Balance Exceeds 40M

U.S. SEC Delays Decision on Bitwise Spot Bitcoin ETF Listing

Coachella Announces NFT Sale Featuring Lifetime Festival Passes & More

Metaverse mortgages are being issued to buy virtual land — and one of the first ever was just signed for a property in Decentraland

More Crypto Inflow Coming and Beatles NFTS | Feb 1 2022

dustinknouse — Tue, 01 Feb 2022 17:16:04 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, we discuss a study in India showing the majority of people plan to buy crypto once it is regulated, Russia’s former president warning against a crypto ban, Bud Light’s new NFT collection, and Julian Lennon selling digitized items from his father.

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Resources:

Deloitte: 82% of Indians Surveyed Plan to Invest in Crypto Once Government Provides Regulatory Clarity

Former Russian president says Russia’s crypto ban would lead to ‘opposite result’

John Lennon’s son takes the Beatles into the metaverse with NFTs

Bud Light Next Launching With Zero Carb Beer and NFTs

World Power Regulators and Spicy NFTS | Jan 31 2022

dustinknouse — Mon, 31 Jan 2022 15:41:35 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss Biden’s executive order, as well as what the UK and Russia is thinking about cryptocurrency, how the Chinese government is experimenting with blockchain technology, OpenSea’s free minting policy being abused, and Frank’s ReHot edible NFTs.

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Resources:

‘A Matter Of National Security’ — Reports Reveal Joe Biden’s Surprise Bitcoin, Ethereum And NFT Plan After Extreme Price Swings

China Picks Cities, Entities to Take Part in Blockchain Trials

More Than 80% of NFTs Created for Free on OpenSea Are Fraud or Spam, Company Says

Frank’s RedHot is making an edible NFT, whatever that means

Bitcoin Fraud and Johnny Depp Art | January 27 2022

dustinknouse — Thu, 27 Jan 2022 18:00:09 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss how Meta is bidding farewell to its crypto venture, how one man is serving time in prison for Bitcoin fraud, Jonny Depps NFT artwork for charity, and how never before seen Picasso work is being turned in an NFT. Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.Be sure to follow me on:

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Resources:

Facebook’s crypto venture dwindles as it sells its Diem tech to crypto-focused bank

US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors

Johnny Depp to sell artwork of friends and heroes as NFT collection

Picasso heirs launch never before seen digital art piece to ride ‘crypto’ wave

30k Less Bitcoin Millionaires and More SHIB | Jan 26 2022

dustinknouse — Wed, 26 Jan 2022 18:36:58 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss how there are about 30,000 less Bitcoin Millionaires than 3 months ago, Ark Investments big prediction for Bitcoin in 2030, Ethereum dropping the terms V1 and V2, Shiba Inu’s new project the Shiberse, and Rick and Morty cocreator’s new NFT venture with Paradigm. Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Almost 30,000 Bitcoin millionaires wiped in the last 3 months

Cathie Wood’s Ark Invest says the price of a single bitcoin could top $1 million in just another 8 years

Eth2 is no more after Ethereum Foundation ditches name in rebrand

Shiba Inu Enters the Metaverse With Shiberse Annoucement

Rick and Morty co-creator collaborates with Paradigm on NFT research project

An End to the Selloff and Musk’s Happy Meal | Jan 25 2022

dustinknouse — Tue, 25 Jan 2022 17:03:52 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss how the end of the drop is near according to analysts, a new convert to crypto, Elon Musks tweet that has pumped Dogecoin, Ozzy Osbourne’s fans being scammed by a phishing scheme, and an SEC member who wants to issue NFT guidelines.

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Resources:

Charts suggest the selling in bitcoin and ether may be over soon, says Jim Cramer

Former Goldman Sachs CEO acknowledges crypto ‘is happening’ after criticizing Bitcoin

Dogecoin pops 8% after Elon Musk says he’ll eat a happy meal on TV if McDonald’s accepts the meme coin as payment

Ozzy Osbourne’s NFT Project Led to Phishing Scam of More Than $40,000 USD

No Crypto Crash Coming and Lambo to the Moon! | Jan 19 2022

dustinknouse — Wed, 19 Jan 2022 17:02:29 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode I talk about analysts predicting another small drop in crypto before seeing a huge bull run, Canadians wanting to be paid in Crypto, how Solana is stealing the NFT market from Ethereum, AMC owners getting a special NFT tied to member benefits, and Lambo’s first NFT tied to a real-life object that was sent into space.

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Resources:

Bitcoin billionaire Mike Novogratz says crypto prices will stay under pressure as bond yields shoot higher

Bitcoin will emerge stronger after stocks dip ‘10%–20%’ — Bloomberg analyst

Quantum Fintech’s founder: BTC might hit $400k as we could be entering a crypto supercycle

Survey shows that 67% of Canadians want to get paid in crypto by 2027

JPMorgan Says Ethereum Is Losing NFT Market Share to Solana

AMC Dishes Out Free NFTs To Over 425,000 Shareholders: What You Need To Know

Lamborghini Announces Its First NFT, a Space-Themed Artwork; Soon to be Auctioned

Crypto Paradise and a Lesson in Copyrights | Jan 18 2022

dustinknouse — Tue, 18 Jan 2022 16:45:51 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss how Mike Tyson is showing his support for Solana, the latest hack to Crypto.com, how Puerto Rico is becoming the Crypto paradise country, Animoca brands recent evaluation and funding round, and how a DAO thought they were buying the rights to DUNE, only to receive a very expensive book.

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Resources:

Boxing Legend Mike Tyson Says He’s ‘All in’ on Solana Crypto — Asks Fans How High SOL Will Go

Crypto.com allegedly suffers $15 million breach in latest exchange heist

Puerto Rico’s generous tax breaks and stunning beaches are attracting an influx of crypto entrepreneurs: report

Cryptobros spent $3 million on Dune book, believing it gave them copyright

US Mining Investigations and NFT Restaurants | Jan 17 2021

dustinknouse — Mon, 17 Jan 2022 17:29:47 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the upcoming US Government hearing on crypto currency energy consumption, a second solo miner completing a block last week, Walmart’s trade mark applications for the metaverse and crypto, an exclusive (and expensive) NFT restaurant membership, and the Gap’s NFT collections. Today is Market Cap Monday, so here are the top 10 crypto as of this recording.

Bitcoin
Ethereum
Binance Coin
Tether
Solana
USD Coin
Cardano
XRP
Terra
Polkdot

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Resources:

US government to address the ramifications of cryptocurrencies on January 20th

‘1 in a billion’: Second tiny miner solves a block

Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs

World’s ‘first NFT restaurant’ is coming to Manhattan next year

Cryptoland runs aground as $12m bid to buy Fiji island for resort falls through

Clothing retailer Gap launches its first gamified NFTs on Tezos

Deep Dive: NFTs and Tokens | Jan 13 2022

dustinknouse — Fri, 14 Jan 2022 16:53:39 +0000

In this episode of Crypto Daily, I look at what tokens are and the difference between fungible and non-fungible tokens.

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Celebrity Scandals and Crypto In Politics | January 12 2022

dustinknouse — Thu, 13 Jan 2022 17:41:56 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss BofA supporting Solana, the booming crypto jobs market, how Kim Kardashian, Floyd Mayweather, and Paul Pierce are being sued by the state of California for endorsing a Pump and Dump Scheme (Ethereum Max aka EMax), how American politicians are using NFTs to run for office, and how China is trying to avoid missing out on the NFT boom after their massive crypto crackdown.

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Resources:

ALTCOINSBoA: Solana is primed to beat Ethereum and be the ‘Visa of digital asset ecosystem’

Kim Kardashian and other celebrities accused of cryptocurrency “pump and dump”

Hiring for crypto and blockchain jobs is exploding

US Congress Candidates Turn To NFTs For Election Financing China aims to separate NFTs from crypto via new blockchain infrastructure

The Luckiest Bitcoin Miner and Million Dollar Selfies | Jan 12 2022

dustinknouse — Wed, 12 Jan 2022 18:00:23 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the solo miner who solved a block, Coinbase’s new policy to prevent employee burnout, how Walmart Canada is solving the supply chain issue, how NFT sales haven’t slowed even with market dips, and a selfie project with millions.

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Resources:

Bitcoin miner beats 1 in 1.3 million odds to mine a BTC block

Coinbase announces ‘nearly the entire company will shut down’ for four weeklong breaks in 2022 to allow workers to recharge

How Walmart Canada Uses Blockchain to Solve Supply-Chain Challenges

The Craze For Ethereum NFTs Is NOT Slowing Down

Man sells 933 selfies as NFTs for $3 each — and the collection’s now worth millions

Massive Crypto Adoption and Metaverse Clubbing | Jan 11 2022

dustinknouse — Tue, 11 Jan 2022 19:38:53 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the predictions for mass adoption, the richest crypto entrepreneur, how Ethereum can stay king of the smart contract blockchains, Hennessy’s new NFT collection, and how you can go clubbing in the metaverse this spring. Be sure to follow me on:

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Resources:

Who is the world’s richest crypto entrepreneur with a net worth of US$96 billion?

Bitcoin adoption expected to have ‘rapid ascent’ in 2022, says VC Stillmark

50% of global financial transactions might involve Ethereum in 10 years, hedge fund says

Hennessy Launches Cognac NFT Collection Priced at $226K

Crypto Home Buyers and the War on Open Sea | Jan 10 2022

dustinknouse — Mon, 10 Jan 2022 16:38:17 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the recent drop over of the weekend, first-time home buyers using crypto for down payments, Paypal crating their own stablecoin, Kosovo’s Bitcoin Mining ban due to an energy crisis, LOOKSrare targeting Open Sea users, and how you can make sure your crypto goes to loved ones when you die.

Today is market cap Monday and here is the top crypto based on market cap:

Bitcoin
Ethereum
Tether
Binance Coin
USD Coin
Solana
Cardano
CRP
Polkdot
Terra

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

More than 1 in 10 first-time home buyers sold crypto to fund down payments — Here’s what to know before you do it

PayPal Explores Launching Its Own Cryptocurrency

Kosovo Police Confiscate More than 300 Bitcoin Mining Machines In Crackdown

NFT marketplace LooksRare goes live with vampire attack on OpenSea

Deep Dive: Terra | Jan 7 2022

dustinknouse — Fri, 07 Jan 2022 16:42:54 +0000

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In this episode of Crypto Daily, I do my first deep dive of 2022 to look at the stablecoin making headlines lately: Terra.

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Why Crypto Dropped and a Virtual Land Grab | Jan 6 2022

dustinknouse — Thu, 06 Jan 2022 18:04:08 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the two big factors as to why the markets dropped overnight, Norton Antivirus’ new feature that allows you to mine Ethereum, a crypto coffee shop in Brisbane Australia, OpenSea’s current market value, the virtual land grab happening in the metaverse, and Castlevania NFTs.

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Resources:

Bitcoin Tanked After the Fed Minutes Were Released. Here’s Why.

Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4% Norton Anti-Virus can now hijack your computer for cryptomining Inside the CRYPTO cafe: New restaurant accepts Bitcoin and Ethereum as payment — and even the menu is inspired by the currency

NFT Marketplace OpenSea Valued at $13.3B in $300M Funding Round

The cheapest plots on popular metaverse platforms are already selling for more than $13,000

Konami Announces Castlevania 35th Anniversary NFTs, Auction Starts Next Week

UK Crackdowns and All Games will be Play-to-Earn | Jan 5 2022

dustinknouse — Wed, 05 Jan 2022 18:29:11 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the possible regulations and crackdowns happening in the UK for crypto advertising, Shiba Inu’s burn commitments, stolen NFTs that included Bored Ape Yacht Club and Mutant Ape Yacht Club, and why the co-founder of Reddit believes all games will be Play-to-Earn in five years. Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there. Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Crypto and NFTs could face UK regulation crackdown in 2022 due to fears young people risk losing money

9 businesses commit to the SHIB token burn initiative in 2022

‘I have been hacked’: collector loses more than $2m of NFTs overnight

Reddit cofounder Alexis Ohanian predicts play-to-earn crypto will be the only type of games people play in 5 years

Voices of Crypto and Defi Kingdoms | Jan 4 2022

dustinknouse — Tue, 04 Jan 2022 17:30:43 +0000

In this episode of Crypto Daily, I discuss Melania Trump supporting Bitcoin despite Donald Trump’s dislike of crypto, Matt Damon’s new Crypto.com commercial and reactions from Twitter, China releasing a digital Yuan wallet on their state-backed smart contract blockchain, Netgear’s new support for NFT in the Meural picture frames, and the success play-to-earn game Defi Kingdom is seeing lately.

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Resources:

Melania Trump promotes Bitcoin from her official account — days after her husband suggests crypto is a scam Matt Damon’s Cryptocurrency Ad Gets Rough Reception Online China’s central bank launches digital yuan wallet app, Ningbo releases blockchain white paper: Blockheads Netgear’s Meural digital picture frames enable NFT art viewing Defi Kingdoms Reaches Record Activity Levels on Top of Metaverse Push

Billionaires Buy Crypto and an Eminem Bored Ape | Jan 1, 2022

dustinknouse — Tue, 04 Jan 2022 16:48:02 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the inflation fears and how people are buying crypto to hedge against fiat inflation, President Bukele’s recent tweet and Bitcoin predictions for 2022, growth in Bitcoin farming, a publicly-traded farm doing well, Samsung’s new NFT feature on TVs, Eminem buying a Bored Ape that looks like him for $450,000, and Square Enix shifting focus to blockchain and play-to-earn gaming. Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials More billionaires turning to crypto on fiat inflation fears Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts Bitcoin Hashrate Hits New All-Time High Bitfarms mines 3,452 bitcoins in 2021 with 228% growth in hashrate Samsung Announces 3 TVs for 2022 With NFT Trading Capability EMINEM SPENDS $450K USD ON AN NFT THAT LOOKS LIKE HIM

Crypto is Better Than Equities in 2022 and Gamestop NFT Marketplace Updates | Dec 30 2021

dustinknouse — Thu, 30 Dec 2021 17:06:56 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the bright future of Crypto and look at the amazing past the market has had this year, Robinhood’s crypto wallet releasing in January, Berkely incorporating blockchain municipal bonds, New Year’s Eve in Decentraland, Gamestop’s NF Marketplace, and Doge-dash’s new partner. Be sure to follow me on:

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Resources:

Investment Adviser Warns It’s a Mistake to Ignore Crypto Assets, Predicts Cryptocurrencies Will Outperform Equities The third largest cryptocurrency gained 1300% in 2021, outperforming market leaders Bitcoin and Ether Robinhood is launching a beta version of its crypto wallet in January

Prosperous Canadian bitcoin miners buying up land in U.S. for farm expansion

Berkeley to adopt blockchain technology for microbond financing program Decentraland to get a Times Square New Year’s Eve celebration Video Game Retail Giant Gamestop Reveals More Clues About Upcoming NFT Marketplace Snoop Dogg’s Son Cordell Broadus Named Creative Director Of New Gaming App Doge Dash

Ethereum Bull Run Signs and Mutant NFTs | Dec 29 2021

dustinknouse — Wed, 29 Dec 2021 18:22:49 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss who Elon Musk thinks Satoshi Nakomoto probably is, Instagram talking about adding crypto and a collectibles tab, how there are more active Ethereum wallets than ever, Charities trying to cash in on NFTs, and a Mutant Serum NFT that just sold for over $3 million.

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Elon Musk reveals who bitcoin’s mysterious creator Satoshi Nakamoto might be

Nick Szabo

Instagram Is Exploring a New Feature That Could Make Some Users a Fortune

Ethereum addresses with non-zero balance hits an all-time high

Charities wade into NFT craze with mixed financial results

Crypto in Apple Wallet and Ozzy’s Bat | Dec 28 2021

dustinknouse — Tue, 28 Dec 2021 16:39:43 +0000

In this episode of Crypto Daily, I discuss the recent dip in the market and the resistance levels for Ethereum and Bitcoin, Charles Hoskinson’s prediction of crypto over the next 5–10 years, Apple’s CEO Tim Cook said Apple is looking at Crypto (but not as an investment), Ozzy Osbourne’s Cryptobatz collection, and Ready Player me’s attempt to take over the Avatar world.

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Over $80 billion outflows crypto market in 24 hours as BTC slides below $50k Ethereum whales dumping ETH as price slides below $4K, data shows Cardano’s Hoskinson says a great DeFi extinction will occur in the next five to ten years Tim Cook said Apple is looking at cryptocurrency — Here’s what the company is likely to do Ozzy Osbourne, Black Sabbath Frontman Who Purportedly Bit the Head Off a Bat Onstage, Is Betting Fans Will Be Hungry for His New NFTs Multiple Metaverses, One Avatar: ‘Ready Player Me’ Raises $13M to Make It Happen

Crypto on the Stock Market, Stable Coin Record, and Ferrari NFTs | Dec 27, 2021

dustinknouse — Mon, 27 Dec 2021 18:05:39 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss Gibraltar listing Crypto in their stock exchange, Terra’s record-breaking market cap, Jasmine Technology Solution’s impressive value increase thanks to Bitcoin farming, unofficial Olive Garden NFTs, Ralph Lauren’s metaverse store on Roblox, and Ferrari’s partnership to create NFT. Today is Market Cap Monday, and here are the top tokens based on Market Cap. 1) Bitcoin

2) Etherum

3) Binance Coin

4) Tether

5) Solana

6) XRP

7) Cardano

8) USD Coin

9) Terra

10) Polkadot

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

‘Blockchain Rock’: Gibraltar moves to become world’s first cryptocurrency hub Thai tech company’s stock surges by 7,000% since its Bitcoin mining announcement

ALTCOINSTerra’s UST becomes first decentralized stablecoin to hit $10B market cap

A Group of Anonymous Creators Is Selling NFTs of Olive Garden Locations

Ferrari Signs Deal With Tech Firm Velas to Create Digital Products for Fans

In this episode of Crypto Daily, I discuss the top five coins and tokens in cryptocurrency for 2021 based on their gains over the year.

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Top 5 Crypto of 2021 | Dec 23, 2021

dustinknouse — Thu, 23 Dec 2021 16:29:49 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

In this episode of Crypto Daily, I discuss the top five coins and tokens in cryptocurrency for 2021 based on their gains over the year.

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Crypto Progress and NFT Doom | Dec 21 2021

dustinknouse — Tue, 21 Dec 2021 16:42:57 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

On this episode of Crypto Daily, I discuss the recent uptick in Bitcoin’s Market Cap, how Jackson Tennessee is set to be the first city to offer Bitcoin payments to employees and contractors, Ethereum v2.0’s testnet release called the Kintsugi Merge, the NFT mod for Doom made by Ultra Boi, the first SMS text message being sold as an NFT, and Instagram’s move to incorporate NFTs to their platform.

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Bitcoin is back above $48k level as over $40 billion inflows into BTC in 24h

Jackson, Tennessee to become the first U.S. city to add Bitcoin as a payroll option

Ethereum 2.0 Testnet Kintsugi Goes Live in Preparation for Merge

SOMEONE MADE A “DOOM” MOD WHERE INSTEAD OF SHOOTING DEMONS, YOU TAKE SCREENSHOTS OF NFTS

World’s first SMS goes up for auction as NFT

Instagram is working on bringing NFTs to a wider audience, as its parent Meta goes all-in on the metaverse

The Quest for Lost Bitcoin, US Government’s Bitcoin Stockpile, and White Castle NFTs | Dec 20 2021

dustinknouse — Mon, 20 Dec 2021 17:28:05 +0000

In this episode of Crypto Daily, I discuss RadioShack’s venture into crypto markets, the continued hunt for a Bitcoin drive in wales, the US’ stockpile of crypto from seizures, Adidas’ successful NFT venture, and White Castle’s new collection. Today is Market Cap Monday, so here are the top 10 cryptos this week. This week again there are no meme coins in the top 10, despite Musk’s recent pumps.

Bitcoin
Ethereum
Binance Coin
Tether
Solana
USD Coin
Cardano
XRP
Terra
Polkadot

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Yes, RadioShack Has Pivoted to DeFi

The Tai Lopez Scam Investigation – Find Out More About Him

Man seeks to excavate landfill that allegedly has half a billion dollars worth of bitcoin

The U.S. government has a massive, secret stockpile of bitcoin — Here’s what happens to it

The First Interactive NFT in the World – VR Movie on Mars

adidas Originals’ Metaverse NFT Collection Sells Out Almost Immediately

White Castle Just Jumped On The NFT Bandwagon

Why Stocks Are Dropping Thanks to Governments and Shopify’s NFT Beta Program | Dec 17, 2021

dustinknouse — Fri, 17 Dec 2021 17:23:00 +0000

Big drops again last week, but it’s the entire tech sector feeling a burn this week. It’s expected that the NASDAQ is going to be down this week.

A big part of these drops are because the Federal Reserve met Wednesday and policymakers decided to accelerate the pace of bond-purchase tapering and signaled three rate hikes in 2022.

Also, The Bank of England unexpectedly announced an increase in interest rates, and the European Central Bank said it would wind down an emergency bond-buying program.

On Wednesday the senate held a special hearing that was called, “Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?”.

The goal was to discuss the regulations of stablecoins, as some people believe they aren’t truly stable.

At the meeting, Senator Brown of Ohio said, “These tokens can crash, with crypto markets diving by almost 30% in one day. History tells us we should be concerned when any investment becomes so untethered from reality. Look at the 1929 stock market crash.”

Executives from many of the platforms turned out to argue the case for digital currencies and stablecoins, citing how they have helped empower women as well as helped minorities in this country.

After a day of back and forths, the Senate seemed to maintain their position and felt that stablecoins are “not in compliance” with existing Know Your Customer, Anti-Money Laundering and Combatting the Financing of Terrorism standards.

Meanwhile this week, Brazil has advanced its own crypto bill to the Senate in an effort to put it into law.

The Chamber of Deputies of the Congress of Brazil has approved Bill 2303/15, which aims to bring clarity to cryptocurrency regulation in the country.

The goal is to create a new entity there that oversees virtual currencies. The language of the bill does not say specific coins or tokens, just uses the language virtual currencies. It does, however, say that it does not include a virtual version of their fiat currency.

The bill also includes stricter penalties on crimes committed with crypto. It says that illegally managing cryptocurrency portfolios for third parties will be classified as a type of embezzlement and would be punishable by four to eight years in prison and fines.

Now it’s time to shift our focus over to the world of NFTs.

If you are interested in cashing out on the NFT market but don’t know where to begin – Bitwise Asset Management has launched a new index fund on Dec. 16th.

With the NFT explosion, and the market recently passing $10 billion in trading volume, Bitwise saw a strong opportunity.

Their CIO Matt Hougan said, “New frontiers in the art are rare. Entirely new artistic mediums are even rarer,” adding that NFTs have emerged as the first digitally native medium for owning art and collectibles, “with enormous potential for meaning, value and use in our increasingly digital world.”

Bitwise Blue-Chip NFT Index Fund is now available to qualified investors for private placement subscriptions. The minimum investment is set at $25,000.

In other news, Shopify has added the ability to create and sell NFTs to its marketplace.

Currently, you are able to mint using Ethereum, Polygon, Near, and Flow. This feature is only available to Shopify Plus merchants as a beta test.

If you want to integrate the GigLabs NFT application into your Shopify Plus account, you should contact GigLabs directly for further information.

Yesterday we mentioned Melania Trump’s NFTs and her crazy eye artwork. They also announced it would be minted on Solana, and would accept payments through Moonpay.

Well, both of these companies were quick to deny any involvement in the project or associate with Trump.

Moonpay quickly tweeted out, “A recent Bloomberg story named Moonpay as a partner to a new NFT effort by Former First Lady Melania Trump.

The story is factually incorrect as MoonPay has no official role in the effort.”

A Solana representative also said, “to avoid any confusion… her [Melania Trump] choice to use the Solana blockchain was completely organic and this project is not part of any Solana-led initiative.”

The founder of Quantum Economics, Mati Greenspan, told Yahoo Finance, “Herein lies the beauty of open-ledger technology like Bitcoin, Ethereum or Solona.”

“I can understand the hesitancy of these platforms to associate with certain politics, but the fact is Melania doesn’t really need their permission to build on their platform.”

So I’m glad I wasn’t the only one worried about being associated with the story of her NFTS.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

US stocks fall as Fed policy headwinds batter tech sector

Senate hearing on stablecoins: Compliance anxiety and Republican pushback

New Cryptocurrency Bill Advances to Senate in Brazil

Bitwise launches NFT index fund for accredited investors

eCommerce giant Shopify enables merchants to mint and sell NFTs on its platform

Solana and MoonPay distance themselves from Melania Trump NFT venture

Block’s Lawsuit, New Miner’s Dream Card, and Trump NFTs | Dec 16, 2021

dustinknouse — Thu, 16 Dec 2021 17:49:57 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

After some big drops over the last couple of days, markets seem to be heading back up in the right direction.

There’s some bad news for Block, formerly known as Square — although it might be going back to Square.

The tax preparation company H&R Block has filed an infringement lawsuit against the payment processing company over the name.

H&R feel that since square has acquired the tax preparation company Credit Karma Tax, there would be some confusion.

Their press release on the lawsuit claims Dorsey’s company, “would improperly capitalize on the goodwill and consumer trust cultivated by Block since 1955.”

H&R Block President and CEO Jeff Jones said, “Today’s filing is an important effort to prevent consumer confusion and ensure a competitor cannot leverage the reputation and trust we have built over more than six decades.”

As of right now, there has been no comment from Square.

Although some larger banks still look at Crypto as a threat, payment processing services seem to be ready to take advantage of the industry.

Visa, Mastercard, and Paypal have all decided to invest more into crypto development.

Paypal is working on allowing interaction with DeFi networks, and the ability for users to transfer crypto in and out of its digital wallets — something we all know is an important feature.

Mastercard has come out saying they plan to add cryptocurrencies to its multi-rail network as native currencies for settlement. They also hope to become an on-ramp for NFT marketplaces — which seems like a good bet.

Visa sees itself becoming a Layer 2 solution that can operate on top of the blockchain network as the company does with fiat-based networks. They are also working on partnerships with crypto wallets.

For miners, specs from Nvidia’s RTX 3080 12GB GPU have been leaked — and it’s looking good.

The card was supposed to be officially announced tomorrow, but due to supply chain issues, it has been put off.

Fair warning to the average person, this is about to get super tech nerdy.

The 3080 is reportedly upgrading to the GA102–220 GPU. It will also come with 8960 CUDA cores, which is 256 more cores than the previous model.

It will also feature a 384-bit memory bus interface, providing 912 GB/s of bandwidth. The original RTX 3080 offers a bandwidth of 760 GB/s. That’s a pretty big difference.

Although there hasn’t been any work on clock speeds, it is said to get a 20% boost in its hash rate — which would be huge for miners.

Now it’s time to turn our focus over to the world of NFTS

Gary V has landed a new big partnership for NFTs. VaynerNFT has teamed up with the famous fashion brand Coach to celebrate its 80th anniversary and its message of “Give A Little Love,”

Coach will release 80 one-of-a-kind NFTs, featuring animals like Coach’s mascot Rexy, Fuzz the polar bear, Belle the penguin, Holly the deer, Ginger the fox, Paddles the goose, Luna the owl and Spike the hedgehog.

The NFTs will be released from Dec. 17 through Dec. 24. 10 NFTs of each animal will be released each day at noon EST. You can follow Coach on Twitter for more details.

I am a bit scared of this next story, so I saved it for last.

The latest person to enter the NFT game, and I imagine try to pay down a massive debt, is Melania Trump.

The office of Melania Trump said the project will kick off with a “breathtaking watercolor” showcasing the former first lady’s “cobalt blue eyes.”

The first NFT is called Melania’s Vision and features just the former first lady’s heavily made-up eyes.

They will cost $150 and the digital artwork comes with “an audio recording from Mrs. Trump with a message of hope,” her office said.

A portion of the proceeds is said to be going to help children aging out of the foster-care system through her Be Best program.

It will be available from Dec. 16 to Dec. 31. on MelaniaTrump.com.

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

H&R Block sues over Square’s new name ‘Block’

Payment Services Giants See Crypto as Opportunity, Not Threat: MoffettNathanson

Nvidia’s new RTX 3080 12GB could be a blessing for crypto miners

Fashion Brand Coach Is The Latest To Launch NFTs In Partnership With VaynerNFT: How You Can Grab One

Melania Trump Launches NFT Venture, Releases Creepy Art of Her ‘Cobalt Blue Eyes’

dustinknouse — Wed, 15 Dec 2021 18:58:47 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

Yesterday some Coinbase users became billionaires. Well, not really. It just appeared that way.

Users were reporting their accounts showing their balances in the millions, and some even in the billions.

Coinbase quickly made an announcement on Twitter that there was a display issue for some users, but trading was the same as usual.

The problem was quickly fixed, but for some, it must have been an exciting few minutes.

I just hope none of them sent their boss a nasty text in that time frame.

In the U.S. it’s the end of the year, which means taxes are coming too soon.

The IRS has released a new version of its 1040 form and updated its question about crypto from last year.

Last year it said, “At any time during 2020, did you receive, sell, or otherwise acquire any financial interest in any virtual currency?”

This left some people wondering if that also included buying currency — and did you have to report every purchase?

In March, the IRS added to it’s frequently asked questions section “if your only transactions involving virtual currency during 2020 were purchases of virtual currency with real currency, you are not required to answer yes to the Form 1040 question.”

This year they are making it clear that holding does not require to say yes.

However, if you are receiving crypto as payment; airdrops; exchanging crypto for crypto; selling; and receipt from mining, staking or hard forks would require the taxpayer to answer “yes” to the crypto question.

More news from Robinhood. They have acquired the Chicago-based crypto trading platform Cove Markets.

Robinhood’s goal from the acquisitions is to allow its customers to manage their crypto accounts more easily.

The COO of Robinhood Crypto, Christine Brown, was quoted saying, “[Cove’s] wealth of experience in trading execution and crypto market infrastructure will help us build more powerful trading capabilities, bringing the benefits of better competition in the crypto markets to our customers.”

Of course, this leaves me wondering if Robinhood really has had wallets ready or if they weren’t being totally honest with their customers and this acquisition is the quick solution to get them there.

Despite all of the news lately with Robinhood, they are still trading lower recently — although that is something we are seeing across the board.

In other news, two big names in US banking, HSBC and Wells Fargo, have announced they will be using blockchain technology for foreign exchange transfers.

They are going to do this by using the FX Everywhere platform that was launched by HSBC in 2018.

HSBC has only just begun to include other banks in this service after it has settled about $2.5 trillion over three million intrabank transactions on the platform.

Global Head of FX Partnerships & Propositions at HSBC, Mark Williamson, said, “The platform enables participants to efficiently settle bilateral cross border obligations across multiple onshore and offshore currencies, coupled with the added flexibility of extended settlement windows to optimize PvP risk reduction opportunities.”

By using blockchain technology, it will lower transaction fees, as well as reduce settlement risks that are often associated with FX transactions.

Now it’s time to shift our focus over to the world of NFTs.

I feel like I can’t get away from Bored Ape Yacht Club recently.

They have teamed up with Hong Kong-based Animoca Brands to develop a play-to-earn blockchain game after the huge success of the collection.

A Yuga Lab Spokesperson said, “We’re excited to work with Animoca Brands to grow the BAYC universe and expand the utility and benefits offered to all Bored Ape NFT holders.”

The project is expected to launch in Q2 of 2022, and the game (of course) will feature play-to-earn rewards, although no further details have been given out yet.

If you are a fan of cannabis, Higher Life CBD, has created a shop in the metaveres that allows for a digital shopping experience that results in a real-world product delivered to your doorstep in all U.S. states.

Their CEO, Brandon Howard, said, “The COVID-19 pandemic has forced many companies to think about safe alternatives when it comes to communicating with employees and customers. For some, that means looking beyond the physical world and thinking outside of the box.”

“We see great potential in the virtual reality world. VR and AR have changed the game on how we will go about buying things in the future. Shopping in the metaverse and then being able to receive your items on your doorstep is groundbreaking and the next big thing. It’s a place where NFTs, cryptocurrency, and the cannabis world will coincide.”

Why do I get the feeling this is going to lead to a future Snoop Dogg story?

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Coinbase mistakenly told some customers they were billionaires

IRS posts finalized 1040 form with revised crypto question

Robinhood Snaps Up Crypto Trading Platform Cove Markets — Report

Bored Ape Yacht Club Announces Play-To-Earn NFT Game

Buy Cannabis On A Blockchain Metaverse And Get It Delivered To Your Real Home: Now It’s Possible

Swiss and Ukraine Adoption, Twitter’s Top Tokens, and $300k Digital Buildings | Dec 14 2021

dustinknouse — Tue, 14 Dec 2021 17:33:36 +0000

Some exciting things are happening with banks around the world.

The largest online bank in Switzerland, Swissquote, is going to be launching it’s own crypto exchange platform.

Their chief marketing officer, Jan De Schepper, announced that his company plans to open its own crypto exchange before the end of the first half of 2022. Their goal is to become “the leading Swiss provider of digital assets,”

They reported that their customers are overwhelmingly demanding more support for cryptocurrencies. Right now, Swissquote supports 24 cryptocurrencies.

The company’s net income from crypto investments increased by over 1,000% to 63.2 million Swiss francs in the first half of 2021.

Another country looking at Crypto adoption is Ukraine.

One of the oldest commercial banks in Ukraine, Tascombank, announced today they are working with the fintech company Bitt to create a stellar-based pilot program for a public blockchain version of their currency, the hryvnia.

Bitt CEO Brian Popelka was quoted, “Bitt’s DCMS will equip Tascombank with all of the technology required to securely mint, store, issue, distribute, and redeem the electronic hryvnia.”

In other news, despite recent dips Memecoins are seeing some things to be excited about.

Elon Musk came out and said that Tesla will accept Dogecoin as a form of payment for some merch, and “we will see how it goes”.

Of course, this caused the Doge community to go wild, and the coin shot up about 20%.

And for Shiba Inu owners, Shib actually ranks at the 4th largest cryptocurrency… …Based on Twitter followers.

The memecoin has 2.3 million followers, although Doge is still barely ahead of them with 2.6 million followers. Bitcoin is actually second on the list with 3.9 million and top of the list is BNB with 6.6 million followers.

Now it’s time to shift our focus over to the world of NFTs.

We’ve discussed how digital land is a booming market, but what about digital architecture and buildings?

Well, one company charges as much as $300k to design and build virtual buildings.

Voxel Architects has built 40 virtual buildings this year, working with clients like Sotheby’s auction house and ConsenSys Software Inc., which is the creator of the popular crypto wallet MetaMask.

For Sotheby’s, they built a replica New Bond Street Galleries in London on Decentraland, which showed art pieces like work from Banksy and Bored Ape Yacht Club.

Voxel’s CEO, Leandro Bellone, said the pandemic really sped up business for them, as more people spent time in virtual worlds and business keeps picking up.

Only a few months ago they were receiving about 10 requests to build a week, and now they are receiving around 40.

Bellone said that their goal for next year is to ramp up their staff and create more buildings to exist both in the physical and virtual worlds.

Shoe brand Nike has decided to double down on its NFT success by purchasing the startup RTFKT.

RTFKT is a collectibles studio known for making NFTs that merge culture and gaming.

They launched in January of 2020 by Benoit Pagotto, Chris Le, and Steven Vasilev.

Nike said in a press release that the team “leverages the latest in-game engines, NFTs, blockchain authentication and augmented reality to create one of a kind virtual products and experiences”.

President and CEO of Nike, John Donahoe, was quoted saying, This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming, and culture.”

“We’re acquiring a very talented team of creators with an authentic and connected brand. Our plan is to invest in the RTFKT brand, serve and grow their innovative and creative community and extend Nike’s digital footprint and capabilities.”

“Nike is the only brand in the world that shares the deep passion we all have for innovation, creativity, and community, and we’re excited to grow our brand which was fully formed in the metaverse.”

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Switzerland’s Largest Online Bank Swissquote to Launch Its Own Crypto Exchange

Ukrainian bank uses Stellar to launch electronic hryvnia pilot

Dogecoin Rockets 20% After Elon Musk Says Tesla Will Use for Merch Payments

SHIB is now world’s 4th largest cryptocurrency by Twitter followers, BNB ranks 1st

This architecture firm is making up to $300,000 per project to design real estate in the metaverse

Nike buys NFT collectables startup RTFKT

90% of Bitcoin Mined, a $300k Mistake, and Kraken NFTs | Dec 13, 2021

dustinknouse — Mon, 13 Dec 2021 05:16:00 +0000

First, I want to say to anyone who subscribes on Stitcher I am sorry. I have no idea what is going on, but for some reason, episodes weren’t updating at the end of last week until over the weekend when it seemed to resolve itself, although episodes were showing up on other players.

This weekend has been tough in the markets, with numbers dropping again this morning as we await regulations from India and the US, as well as the holiday buying season. Stores are packed again for the first time in a couple of years.

Another big reason for the dip is that Bitcoin has hit a bit of an unfortunate milestone.

According to data from Blockcahin.com, 90% of all Bitcoin has been mined. That means the processing power needed to mine has gone up again.

Each time there is a change in difficulty, the reward is halved. Right now, the reward for solving a block on the chain is 6.25 Bitcoin, and the next increase in difficulty is expected in 2024 when each reward will be 3.125 Bitcoin.

With this, mining has also hit an all-time high for bitcoins with an exahash rate of 181.77.

If you are worried about the supply of Bitcoin disappearing, there’s no need to worry. It’s not predicted to be fully mined until the year 2140 — based on network activity and halving.

As far as other cryptos over the weekend, Solana seemed to take a bigger hit than others, dropping about 1.4% as opposed to Ethereum, which dropped around .6%.

However, the crypto exchange platform Kraken expects this pullback to be a signal for a bullish new year.

They have predicted Solana, a direct competitor to Ethereum, to rise in early 2022 by 259%.

In other news, it looks like Robinhood is taking more steps to launch its wallet and compete with exchange platforms like Coinbase.

They have teamed up with Chainanalysis to integrate new analytics tools for its users.

Robinhood has a lot of crypto investors on its platform, however, with the lack of a wallet they are stuck only being able to treat it as an asset and not a true currency. Holders on Robinhood also aren’t able to take advantage of staking like you can with other wallets or exchanges — leaving their users without the possibility of a true experience with cryptocurrencies.

Robinhood has said the delays are largely due to regulation

Now it’s time to turn our focus over to the world of NFTS.

An interesting statistic has come out. In the first week of December, nearly 25% of the NFT market sales were for digital land — totaling $300 million.

Last week, things shifted a little as some large sales of Crypto Punks and Bored Ape Yacht Club.

Last week alone The Sandbox sold just over $17 million and was still number four in sales volume. Decentralland was number six, with nearly $10 million.

Speaking of the Bored Ape Yacht club. One owner made a very unfortunate mistake.

Maxnaut, who owned ape number 3,547 — an ape with a cigarette shooting lasers from its eyes, was accidentally listed for .75 Ethereum instead of 75 Ethereum — which meant the ape sold for $3,000 US dollars instead of $300,000.

Maxnaut said the error was due to the high volume of NFTs they list, often at lower prices that caused the mix-up.

Needless to say, the Ape was snatched up quickly, and the new owner listed it for approximately $250,000.

Now let’s talk about Kraken NFTS. I’m not talking about the exchange platform. Fans of the Seatle Hockey team will soon be able to own digital art as they are going to drop a limited edition NFT collection comprised of seven designs “capturing the essence of the Kraken brand,” according to a news release.

The Kraken and Climate Pledge Arena have partnered with Orange Comet, which is a Los Angeles-based NFT and blockchain experience company in a multi-year partnership.

In addition to the digital art collection, there will also be real-world opportunities for fans to win tickets, behind-the-scenes experiences, and autographed Kraken Jerseys.

The NFTs will be available for purchase at a variety of price points starting at $50. Fans can register on the Orange Comet site to make an account. The NFTs are expected to drop on Dec 20th.

Today is market cap Monday and here are the top Cryptocurrencies as of this recording:

1. Bitcoin

2. Ethereum

3. Binance Coin

4. Tether

5. Solana

6. USD Coin

7. Cardano

8. XRP

9. Polkadot

10. Terra

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Bitcoin Dips Below $50,000 as Nearly 90% of All Coins Mined

Solana leads crypto fall as bitcoin, ethereum slide

This Ethereum Rival Is Primed For A 259% Rally By January, As Per Kraken

Robinhood onboards Chainalysis in preparation for crypto wallet launch

Almost 25% of NFT Purchases in Early December Were for Digital Land

Bored Ape NFT accidentally sells for $3,000 instead of $300,000

Further embracing tech, Seattle Kraken to release NFT collection that captures ‘essence of brand’

Deep Dive: Helium | Dec 11, 2021

dustinknouse — Sat, 11 Dec 2021 14:17:00 +0000

You can follow Crypto Daily wherever you get your podcasts by clicking here.

It’s been a little while since I have talked about a token, so this week I decided to do a deep dive on Helium — which is still smaller, but doing very well.

Helium is a very unique network because it is taking advantage of our need for the internet of things devices.

The Helium network is often referred to as the people’s network because its goal is to create a decentralized and trust-less model for building wireless infrastructure.

This network is a unique combination of blockchain, WiFi, and Long Range Wide Area networks that Helium calls LongFi.

The network is also a proof-of-work blockchain — which means it does require hardware to mine their native token. However, unlike Bitcoin or Ethereum, the mining hardware uses very little energy.

You mine by having special routers you connect to your modem, which give our special license-free long-range radio signals to devices.

The hardware is specially made, and unfortunately, you can’t use just any wifi router. They are also in high demand.

In fact, I ordered one from Bobcat miners back in early June and I am still waiting for mine to ship out — hopefully, any day now.

What makes these hotspots so special is how much coverage they give off. Depending on how high up your antenna is, it might even cover several miles.

You are rewarded for providing these hotspots when applications transfer data in a region of the network that the hotspot is managing — which they also refer to as a Proof-of-Coverage algorithm.

Because of this, Helium doesn’t require a miner to burn a certain amount of energy to prove its work. Instead, it provides the network with certain challenges to see if the hotspot network you are providing can meet these challenges and offer you tokens in return.

Helium is also dependant on other networks witnessing the event. So if you are in an area with other Helium hotspots and your network witnesses one of these challenges — you are also rewarded.

So creating a network mesh with other miners is encouraged and helpful — since you aren’t competing against each other to earn a token. You’re all working together.

Proof-of-coverage is not the only way you will get rewarded, though. You also get rewarded if a user or device actually uses the network that you are providing.

This helps with the progress of IoT devices, that keep us all connected. Sometimes it’s for safety, sometimes it’s for fun. Some examples of companies taking advantage of the helium network are:

InvisiLeash, which are affordable pet collars that ensure pets are never lost

SmartMimic, which is for Occupation Health, Social Distance Tracking, and Contact Tracing

Digital Matter, a GPS Tracking device for trailers, fleet, tools, and indoor assets

SalesForce, who allow access to networked resources with a simple swipe of a user’s badge

And Lime, which rents things from Skateboards to Cars. Helium helps track their devices wherever they end up

When these devices use the network, they are required to burn Helium Tokens in order to use the network, sort of like a service fee. This burning also helps to control the supply of tokens so tokens can retain their value.

Which, by the way, is continually going up lately.

If you are interested in mining yourself, there are currently four main companies building miners:

Bobcat

Nebra

SynchroB.it

Cal-Chip

Of course, Helium is playing an important role in the development of Web 3.0 where we are all able to remain connected when we want, where we want, through the use of shared community internet.

Please follow our show wherever you listen to podcasts — and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

HODLers for the Win, MATIC’s Breakout, and Snoop Dogg’s Neighbor | Dec 9, 2021

dustinknouse — Thu, 09 Dec 2021 17:26:16 +0000

With things feeling rocky in Bitcoin, we are seeing interesting user behavior. The number of people who HODL, which stands for hold on for dear life for those of you who don’t know, is at an 11 month high as of this morning.

Data from Glassnode shows that the number of accounts that are inactive on the network has risen, suggesting people are riding it out as opposed to trying to sell off – which is usually the smarter move.

We are also seeing the same trend in Ethereum.

So HODlers, keep on HODeling

Interestingly enough, the mining side of the network has been unaffected by the market volatility and continues to grow.

The Bitcoin hash rate, or processing power, had increased 5.91% from 152.73 as of November 7th to 161.755 on December 5th.

We are also seeing a lot of people taking advantage of the dip and buying more into it.

For example, MicroStrategy announced today that they decided to purchase 1,434 more Bitcoin.

According to their 8-k filing with the SEC, the average cost was the average cost of $57,477 per bitcoin.

As of Dec. 8th, Microstrategy holds 122,478 bitcoin and remains the largest corporate holder of the cryptocurrency.

In other news, MATIC, which is Polgygons’ native coin seems to be having a little bit of a breakout moment. It has risen 2.99% against Bitcoin’s apex over the last 24-hours.

This is important because most crypto in the market tend to have a similar rise and fall to Bitcoin.

Matic has risen a total of 23% over the last 30 days, and 63% over the last 90 days.

One reason for the rise is that Polygon has been one of the most mentioned cryptos on Twitter lately. It’s also been collaborating with other networks.

On Tuesday it was announced they would launch a decentralized Layer 2-to-Layer 2 cross-chain bridge connecting Polygon and Arbitrum.

On Wednesday, it was announced that Polygon was integrating into the cross-chain, decentralized and non-custodial framework of 123swap platform. So lots happening with Polygon right now.

Now it’s time to shift our focus over to the world of NFTS.

With Christmas right around the corner, is there anything you are hoping for? Maybe some NFTS?

If not, too bad – you might be getting some anyway.

It seems most people in the NFT world, both new and old collectors, are planning on giving some away for the holidays.

Some gift-givers are looking at the gift like giving a lottery scratch-off, as the gift could gain value over time. In other cases, the gifts are more akin to collectibles, souvenirs or art.

One person interviewed by Bloomberg, Abraham Aradillas, a truck driver based out of Dallas only found out about NFTS six months ago. He plans to buy Platy Punks, which are a popular NFT with the image of a platypus, for all his friends for Christmas, and he thinks they’ll be excited and confused.

To be honest, I Iove giving a gift that makes people confused.

So instead of stuffing those stockings this year, be sure to stuff those wallets.

Yesterday I told you all about Ubisoft’s NFT announcement for the game breakpoint and the silly name they are giving the collectibles – digits.

Well, apparently there was some backlash on their YouTube announcement. After receiving 1,000 like, and 23,000 dislikes as well as other negative comments they decided to pull the announcement.

I doubt the project is scrapped, but they may be rethinking their approach to entering the NFT market.

You’ve heard me talk about Sandbox before, which is a play-to-earn gaming platform with a blocky animation style similar to Minecraft.

Snoop Dogg owns land in that metaverse, and it turns out a super fan has decided they wanted to be Snoop’s virtual neighbor.

An unknown person spent 450,000 to buy virtual land in the hip-hop legend’s virtual neighborhood.

It is expected that living in that area, along with other musicians and celebrities, there will be a lot of online festivities and ways to mingle with them.

Would you spend nearly half a million dollars on virtual land to be near a celebrity? If so who? Let me know by answering my poll on Spotify.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

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Resources:

Amount of Bitcoins under ‘HODL’ metric hits 11-month high amid price volatility

MicroStrategy spends $82.4 million in cash to buy even more bitcoin

What’s Going On With Ethereum Layer 2 Coin Polygon (MATIC) Today?

NFTs Are the Big Holiday Gift This Year — Whether You Want One or Not

Ubisoft Quietly Pulls Latest Announcement After It Gets 95% Dislikes On YouTube
A MYSTERY Snoop Dogg megafan has forked out $450,000 to be the rapper’s VIRTUAL neighbour in the latest NFT crypto splurge.

Squid Games, Aussie Investors, and Disney NFTs

dustinknouse — Sun, 31 Oct 2021 02:03:19 +0000

Welcome to Crypto Daily. My name is Dustin Knouse, and be sure to follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts.

We’ve seen things calm down a bit with Doge and Shib, while Bitcoin and Ethereum have started to pick back up a little – although Bitcoin still struggles to get back up to its high from a couple of days ago, while Ethereum has reached a new high.

A lot of analysts believe Bitcoin is still on track to hit $90-$100k by the end of the year, and that we might be through that early sell-off dip I discussed earlier in the week.

New adoption has been coming in the form of a Novi Wallet. Facebook, I am going to have a hard time calling them Meta. Sorry, Zuck, I just don’t think that name works for you.

Maybe I’ll call them Weta. Like those giant ass ugly bugs in New Zealand…

Anyway, Facebook has been testing having the Novi wallet integrated into its platform. Now we’ve seen the same test for Novi on Whatsapp.

This will obviously make it much easier for people to send crypto to friends and family in a similar manner people use Venmo, CashApp, or Zelle.

Some adoption resistance certainly lies in people feeling like they don’t know how to start a wallet, or where to go. So the more integration into social media we see – the better is it for all of us.

Because as I say, more adoption means higher prices.

And of course, as I also always say, regulation will help with adoption by making people feel more comfortable.

The Australian Securities and Investments Commission has come out saying that they expect bitcoin and ether are likely to satisfy its criteria as appropriate underlying assets for exchange-traded products.

That means we will be seeing more crypto-focused companies being traded on the Australian Stock Exchange in the future – and reaching a new level of investors.

All my Aussies listening, thank you! I love how much you guys are doing in crypto – and in podcasting. Obviously, two worlds that are dear to me. And you too, since you are listening.

Are you as much of a fan of the Squid Games on Netflix as I am? Well, it turns out there’s a new cryptocurrency named after the show that went on sale on October 20th.

The token was valued at around 10 cents, and in 24 hours jumped up to around $2.22.

This token was actually created for a play-to-learn game, obviously called the Squid Games. It’s a six-round game using games like the TV show. Only, if you lose here – you won’t die… I think.

But the games do have a large fee of 1500 tokens to play, which puts it at an entry fee of around $33,000 right now.

This seems like the perfect transition to the world of NFTs.

Play-to-earn games are really becoming bigger and bigger. In fact, some people are even making it their full-time jobs.

One of the problems, however, is that some of these games have become expensive just to start.

For example, Axie Infinity – which we’ve discussed previously, requires three characters calles Axis, to start playing. Unfortunately, you need to pay to get characters – and it isn’t cheap. In fact, it costs about three thousand dollars to get going.

There is a new company, however, that has raised money to help: Playdough Technologies. Spelled like the bread, not the modeling compound for kids.

They recently raised $2 million with a business model that they purchase Axis and breed them. They allow people to adopt their Axis in exchange for a split of the profits made from what the player makes.

With prices on NFTs going up – this could be a good deal for some people.

Well, if you are a fan of Disney or any of the franchises they own – they are going to release an NFT collection called Golden Moments. This collection is being released Nov. 12 to celebrate their first annual Disney+ Days.

This collection will feature official NFTs from Disney, Pixar, Marvel, Star Wars, and more. If you are interested in these, they will be available for sale on the digital collectibles app Verve.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Resources:

Bitcoin reclaiming $60k is ‘according to plan’ as BTC might head towards $90k

WhatsApp tests Facebook Novi wallet integration in the app

Beta Finance, which offers a one-click option to short crypto assets, raises from Sequoia Capital India and others

Australia’s Securities Regulator Issues Criteria for Crypto-Asset ETPs

‘Squid Game’ Crypto Price Up by 2,400% in a Day—Here’s What You Should Know

Meet PlayDough, Your Gateway To The Lucrative World Of Play To Earn

Disney to Drop ‘Golden Moments’ NFT Collectible Series via Digital Collectibles App Veve

Epic Memecoin Battle, Savings Account Scam, and BFT Girlfriends

dustinknouse — Thu, 28 Oct 2021 16:40:33 +0000

I try really hard not to sound like a broken record on this show or keep talking about the same things – but last night things went nuts. Shiba Inu continued to climb and unseated Dogecoin as the 10th largest coin based on market cap.

At one point Shiba Inu was in 7th place, and Dogecoin fell to 11th.

Then we saw a little bit of a sell-off on Shib, with a comeback from Doge – where Doge went to 8 and Shiba down to 10.

It almost appeared as if people sold their Shib and bought Doge – but then Shiba had a strong come back. Both coins are up – but as of this recording, Shiba Inu is #8 and Doge is #10 – while Polkadot has been in the middle watching this whole time.

It’s sort of felt like some Memecoin battle happening and we’re still not through it yet.

Any crypto investor’s dream is to put in a little bit of money and get a huge reward – It’s something that with Bitcoin happened to people who were loyal for years. Now it feels like it’s happening faster and fastener.

One anonymous investor purchased around $8,000.00 worth of Shib roughly a year ago totaling over 70 trillion coins. With this bull run, it has caused their investment to be worth around $6 billion.

Hopefully, that wallet continues to hold. A sell-off that big would be damaging to the rest of us.

One thing about supporters of Shiba Inu, which some have dubbed the Shib Army, is that they are quite dedicated to holding – with an end goal of $1 per coin.

I wanted to discuss one way people can benefit from holding coins without just sitting on them – which is staking.

On certain platforms, you can take your coins and agree to term lengths for an annual percentage. For example, back in June, I made the investment to get into Shib.

I purchased hundreds of millions of the coins, and instead of just sitting on it I handed it over to my platform in exchange for an annual rate of 5.5%. I agreed to three-month terms, as opposed to one or two months, because the longer you agree to the higher percentage you get back.

The platforms typically pay out the percentage to your wallet weekly. So while the majority of my coins are locked up – I’m receiving hundreds of thousands of new coins each week. At the time I started investing in Shib, really only meant a fraction of a penny each week.

But, if it were to end up hitting one dollar per coin – the payout would be huge. I don’t expect a dollar, but even a penny would be substantial.

I do want to note, again, that Shiba is one of the few coins working on a marketplace to actually serve a function to society and a lot of burns coming. But more on that later.

I stake all of my coins. Bitcoin, Ethereum, Polkadot, Cardano, and anything else I have. I always find a platform that will take them.

The reason is twofold. First of all, I strongly believe in holding all of these coins for long-term growth. Crypto isn’t going anywhere anytime soon. The more people who stake, the less supply that’s available, which means less day traders there are and less volatility we will see.

Also by getting more coins back than I put in, I am decreasing the supply available to the public. And since I hold, that means I’m increasing the amount of demand for the coins and raising the price for all of us.

In my time investing in Crypto, I have yet to actually lose money. Even in the big sell-off over summer I kept my cool, kept holding and staking, and made it through with more than before.

So, I highly suggest to all of you to stake. It’s good for the community – and some markets can offer as much as 15% annually for certain coins.

I’ve said it before and I’ll say it again – the worst thing I believe anyone can do is put their money into savings accounts.

Right now the average percentage for savings accounts in the US is .006%. Inflation averages what, 3%? So you are guaranteed to lose by doing that.

And again, all that the banks are doing is taking your money – giving it to other people to use, and keeping all of the money.

The reason you are only allowed to withdraw from a savings account a few times a month is to ensure that there is enough money to cover the loans banks are handing out.

For example, let’s say a bank takes a million dollars from people’s accounts to give as loans. Typically for credit cards, but of course there are many other lines of credit out there like mortgages or car loans.

But let’s say the million went to credit card loans. The national average APR on credit cards is 16%. So the banks are making $160,000 a year on your money. Then they give you back $60. That’s a profit of 159,940 they are making by using your money.

That’s the reason DeFinance is such a big deal. It allows us all the chance to loan each other money and keep the majority of the profits.

That’s also the reason a lot of big bank heads like Jamie Dimon try to villainize Bitcoin. They know their time is up.

Anyway, the rant is over I promise to have more hard facts tomorrow – but I wanted to go into a deep dive of why you should be staking crypto.

Now let’s turn our focus over to the world of NFTs with a lighter note.

If you don’t want to use your crypto to stake, then you can use it to buy an NFT Girlfriend. Digital artist Kris K has created a series of NFTs titles Bull Girlfriends.

Each of the NFTs is a unique design, with some being modeled after real people like Lindsay Lohan, and others are made by combining features of other people to make a unique piece of art.

Currently, the least expensive Bull Girlfriend is worth around $27,000. Still probably cheaper than a real girlfriend.

So far, people have spent over million dollars on her collection.

But if the drawing of a woman isn’t enough for you, and you want something more realistic – There’s will soon be a new type of NFT you can buy that uses artificial intelligence to create a girlfriend.

The project is called Aiko and is built on the Solano blockchain.

Each NFT is a computer-generated piece of art in the style of a female anime character. Each NFT is a layered file, allowing for it to animate her different moods and allow for clothing to stay on or be removed. Some Aiko might come with tattoos or piercings, while others may not.

Aiko is, I think needless to say, only available to people over the age of 18 and has been promised to fulfill your intimate desires.

So, there’s that.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Resources:

Someone’s Purchase of $8,000 USD Worth of Shiba Inu Coin Last Year Now Worth $6 Billion USD

People Have Spent More than $1 Million on NFT ‘Girlfriends’

AI Girlfriends Are Coming (In the Form of Sexualized Anime NFTs)

Who is Aiko?

Skyrocketing Memecoins, Black Investors, and Halloween NFTs

dustinknouse — Wed, 27 Oct 2021 16:11:02 +0000

We talked a couple of weeks ago about Shiba Inu, and I wanted to update you that it’s continued to grow. It seems to be unaffected by dips in other markets and has been breaking out on its own.

It’s still a low-value coin, that its supporters claim with reach one dollar and surpass Doge. We’ll see if that ever happens – but at the moment it’s going through a massive bull run with no real signs of slowing yet.

There’s also a petition that’s growing in popularity for Robinhood to list it on its market. That would be a large milestone for the meme coin, which was a big step for Dogecoin’s large bull run earlier this year.

Meme coins in general seem to be doing really well in the market. In fact, other coins jumped a huge amount in the last 24 hours. Shibx is up about 206%. Kaiken Shiba is up 154%, miniSHIB has gained 140% and FlokiGravity has seen a huge jump in the price of about 298,000% in the last 24 hours.

Of course, if you are thinking about investing in any of these coins – do your homework.

On the other end of the spectrum, after an all-time high a week ago of nearly $67,000, Bitcoin has seen a drop a steady decline. And is currently trading at around $59,000.

This isn’t something to be worried about though. A lot of people sell off after all-time highs are hit, causing a drop before another surge. So as long as people keep holding – we should see it going back up.

Over the last week, Ethereum has also been seeing resistance after hitting its all-time high. It’s seeing resistance on the low end of about $4,000, with resistance on the higher end of about $4,300.

I expect it’ll break through the resistance soon. Especially because the upgrades happening to Ethereum are going to cause burns that will decrease the supply.

An interesting study was reported in the Atlanta Black Star I wanted to share with you.

In a typical investment market, like stocks or Forex, the industry is dominated by white people.

However, in crypto, we are seeing much more adoption amongst the black community than we are with whites and Hispanics.

A Harris poll showed that 23 percent of African-Americans own cryptocurrency, while 17 percent of Hispanics do and only 11 percent of white Americans.

As crypto is becoming a larger and larger market – rivaling some of the biggest fiat currencies in the world – we might see an economic shift.

In 2021 the University of Chicago did a survey of 1,004 young adults 18-29 and found that 34 percent of traders who bought crypto over the past 12 months were people of color.

According to Ramona Ortega, the founder of My Money, My Future, many African-Americans are using bitcoin after being left out of traditional banking and wealth building.

It’s an interesting trend that I hope creates more opportunities for people and could be a way to bridge the economic divide we see amongst minorities in this country.

It’s time to turn out focus over to the world of NFTs.

Just in time for Halloween, the Texas Chainsaw Massacre Franchise is launching a collection of NFTs called “Leatherfaces”.

The project illustrations are designed by Skinner in partnership with Ultra Rare to reveal a total of 10,666 Leatherface avatars.

Kim Henkel, creator of Texas Chainsaw Massacre said, “With our first NFT drop we continue to expand upon a tradition of rewarding the Chainsaw community – a community that’s driven by its intensely loyal fanbase – with new drops, merchandise, events, and access to the original film’s IP.”

The collection is expected to release on Halloween and you can find more details by going to Leatherfaces.io

We previously talked about media outlets selling NFTs to help raise funds, and The Economist has joined in the party.

They raised $419,000 worth of Ethereum selling the magazine cover titled “Down the rabbit hole: The promise and perils of decentralized finance”

The magazine cover image is an adaptation of illustrator Sir John Tenniel’s original Alice in Wonderland drawing, revised by digital artist Justin Metz.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Resources:

Shiba inu coin price hits a new record as Robinhood petition gains popularity

These Dogecoin and Shiba Inu Knock-Offs Are Striking Major Gains Today, With One Newly-Listed ‘Floki’ Coin up 298000%

Ethereum Supply on Pace to Shrink After ETH 2.0 Upgrade

African-Americans Outpace Whites and Hispanics In Cryptocurrency Investments, Is a New Avenue to Black Wealth-Building Opening?

’The Economist’ Sells ‘DeFi Rabbit Hole’ NFT for $419,000 Worth of ETH

Bitcoin Horders, China’s Unbanning, and Dino Megazord

dustinknouse — Tue, 26 Oct 2021 20:37:41 +0000

Welcome to Crypto Daily. My name is Dustin Knouse, and be sure to follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts.

The demand for Bitcoin is once again surging, but as it turns out there are only a few who own the majority of crypto still.

The National Bureau of Economic Research did a study on addresses and found that about 5.5 million bitcoin were held by holding companies, while 8.5 million were held by individuals.

Of the individual accounts, 3 million bitcoin belonged to only 1,000 addresses. Now it’s important to note that there is very likely overlap in these addresses, and likely does not mean 1,000 individuals.

For example, I personally have 3 bitcoin addresses and 4 or 5 Ethereum on different exchanges and for different uses. And in the early days of Bitcoin about 20,000 addresses belonged to Satoshi Nakamoto.

They also found similar control over mining. The top 10% of miners own 90% of the mining industry, and .1% -which is about 50 miners – actually own 50% of the mining industry.

But there might be a way to mix up the amount of Bitcoin owners as more adoption comes into play.

I’m sure by now everyone is aware of El Salvador making Bitcoin a national currency – with more countries and places accepting it as a form of currency it’ll be hard for banking institutes not to accept it.

Even in China, where there was a recent ban. It’s been theorized by multiple news sources that the ban may be coming to an end in the near future.

Not only does the ban possibly limit trade, but it was believed that China may have been purposefully lowering the price of Bitcoin through the ban so they could buy cheap Bitcoin before allowing it again.

Allowing Bitcoin again would cause prices to skyrocket as Chinese investors try to buy back what they were forced to sell and could end up being a state-backed pump and dump scheme.

However, there is some sign that may not happen very soon. Two big Chinese brokers Futu and Tiger Securities stopped offering Bitcoin ETFs and stopped using the term NFTs, instead, they are using Digital Collectibles.

It’s important to note that at one point, Bitcoin ETFs were Tiger Securities’ most popular stocks.

Speaking of crypto adoption – Nigeria has become the first company to adopt digital currency.

They rolled out Enaira, a platform that they are hoping will help with international trade and economic growth in the country.

Now it’s time to shift our focus to the world of NFTs.

Were you a fan of Power Rangers as a kid? Well, Hasbro has teamed up with the WAX platform to create unique NFTs.

The NFTs are also redeemable for a special edition Dino Megazord action figure.

The NFT collection is available right now on the HasbroPulse website.

Speaking of things from your childhood, Gamestop reached new popularity not long ago thanks to a Reddit Group – which also got the trading platform Robinhood in some big trouble. But that situation may have saved the company, and they are doing their best to make a come back.

Gamestop recently teased an NFT Platform for video games, and they have posted a job position for an Ethereum Developer to build a Web3 Platform.

Although not much is still known about it, I’m curious to see what they do and I will keep you up to date.

We are seeing more and more companies support NFT creation, and one of the most important for digital artists is showing its approval. Adobe Photoshop will be adding a new button labeled “Prepare for NFT”.

This will allow users to attach their AdobeID to their project – which will help verify the authenticity and help prevent forgery in the digital art space.

And if you are a collector of NFTs, you’ll soon be able to show off your collection on social media.

Twitter, which has seen success by adding a bitcoin tip feature, is now working on a blockchain feature that allows users to make their profile and NFT and will allow a collections tab where all of the digital art you own can be displayed.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Resources:

Bitcoin Is Still Concentrated in a Few Hands, Study Finds

Could China be about to unban bitcoin?

Chinese online brokers remove Bitcoin ETFs, Ant Group and Tencent stop referring to NFTs as NFTs: Blockheads

Nigeria becomes first African nation to roll out digital currency

Hasbro Officially Launches Power Rangers NFT Collection on WAX Blockchain

GameStop Enters the Metaverse With ‘Web3 Gaming’ Job Post

A Twitter Blockchain Feature That Shows What NFTs Users Own Is Currently in the Works

Ethereum Upgrade, Buying Bitcoin at Walmart, and Sneaker Addictions

dustinknouse — Mon, 25 Oct 2021 21:39:14 +0000

We had a good weekend, and I hope you did well. We saw a new high, with a little bit of a drop across the market – but not much.

When we see new interest in these coins we see new miners getting involved.

In some ways that can be a good thing. The more people interested, the more exposure, and the higher prices will come.

But one of the biggest criticisms we see right now is in power consumption, and with these all-time price highs, we are close to seeing all-time energy highs.

After the crackdown in China, we saw a huge drop in Bitcoin hash rates, which is the processing speed used to make mine new coins. We’re currently only 22% away from being back to the all-time hash rate high.

That tells us the crackdown’s effects really didn’t last long and we are almost back to where we were on a mining level – but that also means we need to find a solution for the energy usage that is adding to climate change as well as significant power outages around the world.

Something we’ve talked about in previous episodes.

There is a little bit of good news along the way, however. Ethereum is expected to update later this week to its Altair Upgrade – which is an important step to Ethereum 2 expected next year.

This would be a significant shift, as it would finally mean Ethereum is going to move from proof of work to proof of stake. So anyone with Ethereum can stake their current assets to make more Ethereum.

This will not only mean much less energy consumption on the network but also a lot less demand for graphics cards that have led to a worldwide shortage with some manufacturers putting hash rate limiters on them.

In other good news that will help with more price increases, you can now buy and exchange Bitcoin at some WalMarts.

The change sorting company Coinstar has teamed up with the retail giant to put Bitcoin ATMs at 200 locations. This is part of a pilot program, and hopefully one we will see stick around.

There is a downside, though, with Bitcoin purchases having a transaction fee of 4% and a cash exchange fee of 7%.

As we see people educating themselves about the technology behind crypto, something I’ll probably dive into more in future episodes, we are seeing more people investing in it.

In fact, Hedge fund investor Anthony Scaramucci recently said on CNBC, “Anybody that does the homework … ends up investing into it. Look at Ray Dalio, a bitcoin skeptic, now a bitcoin investor,” he also mentioned that other big-name investors such as Paul Tudor Jones and Stanley Druckenmiller have also bought bitcoin.

“These are brilliant guys [who] did the homework and drew a conclusion that they needed to own a piece of bitcoin,” he said.

Another person who did their homework and invested was the Facebook Whistleblower, Frances Haugen.

She’s come out to the New York Times saying she isn’t worried about future work because she invested in Crypto Early. Although she didn’t say what crypto she owns, she said she’s financially ok for the foreseeable future.

She also said she’s moved to Puerto Rico for health issues and to be with Crypto friends – which I imagine will also help her crypto go even further.

Well, it’s time to shift our focus to the world of NFTs.

NFTs are getting yet another new platform – only this one isn’t for artwork but toys. OnChain Studios has raised $7.5 million in a seed round to develop Crypto Toys.

Cryptoys are interactive digital toys that consumers can buy, play with, collect and sell. They respond to you in a variety of ways, grow smarter, and can acquire more skills the longer you interact with them.

Cryptotoys will launch on the Flow blockchain, which was designed for NFT collectibles and crypto games.

Are you the type of person that enjoys collecting sneakers? It’s a bit thing for some people, and now you’ll be able to combine that addiction with the world of NFTs.

The sneaker brand Flowers for Society will link each product sold to a unique NFT. They were quoted saying, “by purchasing the first sneaker, you will gain access to our metaverse community. The corresponding NFT is a certificate of authenticity and membership, which will be the key to participating in future sneaker releases, limited editions, and collaborations.”

The brand’s first sneaker NFT, called SEED.ONE features a hyper-futuristic design and is expected to release on November 6th.

The Renaissance Awards, which is the first global award dedicated to the work of international young leaders who are working for a more environmentally regenerative, socially just, economically inclusive, and technologically balanced future is going to be offering NFT prizes.

Each NFT will be minted on the Cardano blockchain, which is dedicated to creating an ethical and environmentally secure blockchain.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Article Resources:

Bitcoin mining power only 22% shy of hitting another all-time high

Here’s What To Expect From Ethereum’s Altair Upgrade Taking Place This Week

Walmart sells Bitcoin now

Those who do their homework end up investing in bitcoin, Scaramucci says

Facebook whistleblower Frances Haugen says she’s supporting herself with crypto she purchased ‘at the right time’

A16z Leads $7.5M Funding Round in NFT Toy Firm OnChain Studios

THIS NEW SNEAKER BRAND WANTS TO COMBINE NFTS WITH SNEAKER COLLECTING

The Renaissance Awards will award the first ever NFT prizes, championing sustainable enterprises

Fiat’s Dying, Billion Dollar Prediction, and Playboy Bunnies

dustinknouse — Thu, 21 Oct 2021 02:29:09 +0000

The bull run has been continuing overnight, and it’s very exciting to see these new highs continue across most of the market.

I think everyone in the crypto community is excited – we know Elon Musk is. He just tweeted out a cartoon of a couple laying on each other in bed looking at the price of Bitcoin reaching 69,000.

Of course, his company Tesla holds 42,902 Bitcoin.

With these price increases, Bitcoin’s market cap crossed the $1trill value and has actually surpassed that of the Swiss Franc – which has made it the 13th largest currency in the world.

As we see moments like this and crypto being adopted by countries like El Salvador – it makes you realize that the financial landscape is changing fast.

What was something no one understood 10 years ago has become something that everyone talks about today. So what do the next ten years look like?

Lawrence Lepard, the managing partner for Equity Management Associates has made some bleak predictions for the monetary system in the next ten years to Kitco news recently.

He believed the dollar as we know it today will be dead.

With rapid inflation coming and money being printed on-demand, he believes our current monetary system is broken and needs a reset.

He’s stated that if hyperinflation happens, he believes people will lose their belief in fiat money and will then default to its intrinsic value – which is 0.

He also said that he believes that the real value of Gold and Bitcoin should be a lot higher based on the old monetary ratio. He thinks Gold should be valued at $10,000 right now and Bitcoin valued at $200,000.

Lepard also had some interesting predictions, that bitcoin to hit $150,000 in one year and $2 million in five years.

So, for anyone thinking they missed their chance – most people believe crypto has a long way to go still.

The second-largest coin, Ethereum, is also expected to do well.

Sean Farrell, who is Fundstrat’s Head of Digital Asset Strategy told Yahoo Finance that he expected it to hit $10,000 soon. Ethereum had an overnight high of $4300 last night – so his prediction puts it at over double its current value.

Well, let’s move on to the world of NFTs.

People interested in sports, film, and other cultural memorabilia will soon have a new platform to look forward to.

The Grid is an NFT market that is designed to tie NFT ownership to real-world collectibles.

The creator, Sher Chaudhary, had the idea for the platform after seeing the demand for an NFT tied to game-worn NBA sneakers.

The Grid certifies the authenticity and full ownership history of each collectible and ultimately creates a digital piece of NFT memorabilia that represents the physical space of the artifact.

The first NFT is expected to release on the platform in November.

Sports have been really taking off in the NFT world. The NFT company owned by the large officially licensed sports memorabilia company Fanatics is now worth over $1.5 billion.

Their company is Candy Digital, and had received $100 million dollars in their series A investment round, and launched last June.

They are making their NFTS using the Ethereum blockchain.

Another interesting company has decided to enter the NFT market: Playboy.

But they aren’t releasing a series featuring centerfolds or models, but Rabbit Avatars that they are calling Rabbitars.

They will release over 11,000 unique 3d avatars, in a similar vein to what we’ve seen with Bored Ape and Crypto Punk avatars.

Sales for these NFTs will be happening from Oct 24th to Oct 27th

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

I’m Dustin Knouse, thank you for joining me today.

Episode Resources:

Elon Musk posts a raunchy tweet about bitcoin hitting $69,000 – and the crypto community loves it

BITCOIN OVERTAKES SWISS FRANC TO BECOME WORLD’S 13TH BIGGEST CURRENCY

The U.S. dollar ‘as we know it’ will be dead in 10 yrs, bitcoin price to hit $2 million in 5 yrs

Analyst who called bitcoin’s rebound says ether could hit $10,000

New NFT Platform “The Grid” Unites the Digital World with Physical Artifacts

Fanatics’ NFT company is worth $1.5 billion, and NFL legend Peyton Manning now owns a stake

Playboy Debuts New NFTs: Playboy Rabbitars

Coins to Watch, Bitcoin Heaters, and Trippy Apes

dustinknouse — Wed, 20 Oct 2021 02:44:59 +0000

Congratulations to everyone who has invested in cryptocurrency. We broke through the resistance and are seeing all-time highs. Let’s hope this bull run continues.

Of course, it’s not too late for anyone to start investing in Crypto – and it’s also possible for more break-out coins.

If you are interested in some crypto to invest in and sit on – there are two that are appealing to some investors you might want to look into further.

The first is Cardano, which has a native platform built to rival Ethereum. Cardano is also built on a proof of stake platform as opposed to proof of work.

The difference between these two is pretty important. A proof of work platform requires you to use hardware to validate the blockchain transactions – which is referred to as mining. By performing so many validations you are rewarded by earning native coins based on how much of the work your hardware did to earn a coin.

With proof of stake, however, you put up your coins in order to use those to validate the chain. Then you get to keep a percentage of the new coin earned based on how much you put in. When you stake, your coins are generally locked into a time frame. It’s sort of similar to a bond – only much shorter terms and much higher returns – especially today.

The other benefit of proof of stake is that you aren’t using nearly the amount of electricity to validate the blockchain – which is something that’s highly criticized in the crypto industry.

I would like to note here, Ethereum 2.0 is going to cause that blockchain to transfer from proof of work to proof of stake like Cardano currently is.

The other altcoin you may want to look at is called Aave. Aave is what a lot of people consider a meme coin. It’s actually technically a token because it is built on another network – the Ethereum network to be exact.

Aave is being used to have a real-world function, unlike a lot of meme coins we see out there. decentralize consumer finance by allowing people to borrow and lend more than 20 different cryptocurrencies.

It does so by allowing users to deposit their money into pools, where they can earn interest. Similar to what we see in the banking industry – only you actually get a good piece of what your money is making.

Aave has seen gains of over 500% in the last 12 months, with a market cap of $4bill.

Going back to the highly criticized energy use of mining – one mining farm in Canada has found a way to use its operation to provide heat to its city – North Vancouver.

This would be the first time a city is able to recover the energy used in mining.

The utility company Lonsdale Energy Corporation has teamed up with the mining farm Mint Green to use what is called digital boilers to heat homes.

The digital boilers they have made allows for them to recover 96% of the energy used in mining as heat for the utility company – which significantly cuts down the amount of greenhouse gas emissions used by the mining farm.

There are more and more bitcoin farms popping up here in the US due to the China crackdown, and some of them are going public.

We previously mentioned one called Bitfarm, but another has recently started trading on the NASDAQ – Stronghold Digital Mining.

Their ticker symbol SDIG went live today, raising $127 million dollars at the opening.

It started trading at $16 per share – but has recently jumped up to $30 per share at the time of this recording.

No doubt that today’s price jump was a big help.

Stronghold is a Pennsylvania-based mining farm, and just before they went public they have acquired a second power station for their farm.

Pennsylvania’s about to get pretty cold – I hope they jump on the digital boiler thing too.

Ok, it’s time to shift our focus over to the world of NFTs.

Well, since yesterday’s discussion about a 1.9m dollar offer for a crypto punk – a new highest NFT seller has happened.

A bored ap NFT with a crown, and trippy fur, some for a record 2.7m dollars.

In the past three weeks, there have been two other bored apes that have sold for over $1mil.

Another Bored Ape also has trippy fur, and one for a robot ape with cyborg’s eyes.

In France, a daily newspaper just sold as an NFT. It was a six-page story called “The crazy years of 2020” and sold for 3,000 euros.

They were inspired by the New York times selling a photo NFT for $480,000.

Media companies have been struggling lately, as there are more and more free outlets and print media has been a dying trend.

This has left a lot of people wondering if NFTs could be the solution to keep media outlets going – because even though the news can be free to the reader it still costs money to have people research, write, and distribute it.

Well, there is a new play to earn RPG called Along With the Gods: Knights of the Dawn that is set to release next week.

This game is brought to you by the company Playdapp.

Along with the Gods is set to attract thousands of players to compete to win hero and rune NFTs that they can then sell to other players for PLA tokens or other cryptocurrencies.

PlayDapp is considered as one of the fastest-growing blockchain gaming platforms and they have teamed up with top tech companies, such as Samsung, Polygon, Chainlink, Portis, Klatyn, and LINE.

You can download Along with the Gods on the Google Play store today, although play to earn doesn’t begin until next week.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Article Resources:

2 Top Cryptocurrencies to Buy for the Long Haul

In a world’s first, Bitcoin mining farms will provide heat to this chilling Canadian city.

US Bitcoin mining firm Stronghold raises $127 million in IPO

Crowned Bored Ape with trippy fur sells for record $2.7 million

This French daily newspaper sold as an NFT. Is this the media’s future?

Play-to-Earn on Playdapp’s Flagship RPG “Along With the Gods: Knights of the Dawn” in 7 Days

Bull and Bear Predictions, Attorney General’s Crackdown, and a Thirsty Martha Stewart

dustinknouse — Tue, 19 Oct 2021 02:47:58 +0000

Today is a bit of a historic day. Last week I talked about Bitcoin futures, and today it’s officially on the New York Stock Exchange.

I won’t talk too much about it, because everyone is writing about it – but I’m very excited to see this happening. It’s an important milestone for crypto.

Bitcoin has always been the one to pave the way since it was the first bitcoin. And we’ve seen Bitcoin go through cycles, which a lot of analysts use to predict the next bull run and warn of a bear market.

Raol Pal, a prominent crypto analyst, has compared the current Bitcoin cycle we are seeing to the 2012-2013 trend lines and they match up almost perfectly.

In that time frame, we saw Bitcoin jump from about $14 dollars up to around $1,000.

If the trend continues following its previous cycle – his prediction chart shows Bitcoin’s price jumping up drastically and breaking above $250,000.

He has also used the same trend lines to compare what we’ve been seeing in Ethereum to Bitcoin’s 2011 to 2019 run. This model shows an Ethereum high of over $19,000 by March of 2022, followed by a bear cycle for a year or so before going back up.

He also compared Solana to Ethereum’s 2016-2017 run predicting an all-time high of over a thousand by the end of this year, followed by a bear run – but with a low still higher than what we are seeing now.

You can see the link to the graphs by clicking the link in our show notes.

If you’re the type of person that likes to look for the next token that’s super cheap and might explode like Dogecoin – Centric Swap has recently seen a 1,000% increase.

On October first it was trading at .00018 cents and has now increased to .00142.

CNS is part of the Binance chain, and is only available one certain exchanges – so if you want to get it, you may need to open a new wallet.

Of course, be sure to research this token if you are interested and make sure it’s something you believe can succeed. I’m not here to tell you how to invest – just what’s out there.

The New York Attorney General has continued to go after Crypto companies who have been using crypto as securities to offer loans – something that is not legal in the US for consumer protection to ensure things like predatory lending doesn’t happen.

Letitia James has been working hard to crack down on unregistered crypto companies and has sent a cease and desist letter to Nexo and Celsius Network as well as three other unnamed firms.

Nexo has come out and said that they do not offer lending to New York, and are set up for geoblocking IP addresses in areas where lending is not allowed – but plans to fully cooperate with the attorney general.

In other news of people potentially breaking the rules – recently China has experienced a severe power shortage in certain areas.

As a result, it several illegal mining operations were discovered and shut down by tracking energy usage on the state’s owned electrical grid mixed with IP addresses used in the region.

China has continued to work hard on ending bitcoin mining, citing an attempt to lower carbon emissions as a reason for the crackdown.

Well, it’s time to talk about the world of NFTs.

Cryptopunks are the most valuable collection of NFTs so far, and one owner was offered 9.5 million dollars for one of the crypto punks – but they turned it down.

The owner said his punk is not for sale, no matter what anyone offers – which feels a bit like a challenge to me.

The reason is that the owner has built his digital brand and identity on Crypto Punks – which has opened a lot of doors for him in the business world and he has no intention of giving that up.

On that note, there is a new Defi lending platform coming out called Sublime. They don’t lend based on your credit score – but based on your digital identity.

They determine your loans based on your blockchain activity and allow people to tap into their social capital.

Well, Snoop Dogg’s dear friend Martha Stewart is also looking at getting into NFTs.

She’s released her first collection of NFTs today and is looking at creating continual collections based around the holidays. At the moment there are a lot of Halloween NFTs for sale, featuring various carved pumpkins.

It’s also been rumored that she may end up releasing her famous thirst trap selfie as an NFT. Historically, we’ve seen NFTs made from viral items do really well.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Analyst lists out these scenarios for Bitcoin, Ethereum, and Solana

This BSC-based token has risen by 1000% already, but is there room for more

NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

Banned Bitcoin Miners Found Exploding China’s State Resources

Why a CryptoPunks Owner Turned Down $9.5M in Ethereum for His NFT

Lending platform Sublime, which lets users stake their ‘digital reputations,’ raises $2.5 million

Martha Stewart is reportedly planning to sell her viral ‘thirst trap’ selfie as an NFT

Easy Mining Rigs, 4 Pillars of Regulation, and Gaming Wars

dustinknouse — Mon, 18 Oct 2021 02:50:00 +0000

Well, this weekend had a bit of ups and downs. This morning the market was down – but so were stocks so it seems to be an all-around thing.

We’ve been seeing some resistance with bitcoin at around $62,000 dollars – but luckily the drops haven’t been anything too bad – so hopefully we will be able to breakthrough.

There may be some help with that as Square made an announcement over the weekend that they are looking to make mining rigs – but not for themselves.

They are considering making mining rigs that are easy to use, and possibly as simple as plugging into a wall so that the average consumer is able to mine on their own.

Of course, mining isn’t really that hard – but it can feel a little overwhelming to the average person and can be discouraging.

This could possibly bring more people into mining – which would create more competition but at the same time could make it more acceptable if it’s common to see a rig in a person’s home.

Chances are these rigs won’t make you a millionaire – but could be an added income for households. The project is still very much in its infancy and has a lot of details to work out – so I will keep you updated as things happen.

Another thing that may help Bitcoin break through the resistance is regulation, which would help more traditional investors feel safer about entering the space.

I know you’ve heard me say before what an advocate I am for regulation – so I’ll spare you that this time.

But Coinbase made a step forward, by publishing a proposal for regulations.

Brain Armstrong, Coinbase’s CEO, was quoted saying “Today we’re launching our Digital Asset Policy Proposal (DAPP) which we hope will help chart a course for clear regulation of cryptocurrency and web 3.0 in the U.S. It’s critical to bring clarity to this space and ensure America remains a financial leader.”

This is not about Coinbase — we completed more than 75 meetings with stakeholders in government, industry, and academia to help shape this proposal, and we feel it represents a consensus point of view. It’s inclusive and democratic by design.

Coinbase has proposed four core pillars for regulation.

The first is that there needs to be a digital native framework for regulation that doesn’t encumber innovation, inclusion, and financial empowerment for all sectors of society.

Second, that cryptos regulation needs to be done by a single regulator, and an authority that would handle the application of new digital assets.

Third is the need for customer protection, which can also happen through transparency of processes as well as disclosures to purchasers of digital assets.

The last pillar is to promote interoperability and fair competition in cryptocurrency and blockchain technology.

Coinbase also wants anyone who would like to comment on their thoughts of the regulation to do so on their Github, so feel free to hop over there and let them know.

Let’s jump over to the world of NFTs now.

NFT is seeing some interesting adoptions lately. The sports gambling site Draft Kings has teamed up with an Ethereum based NFT platform Polygon to create a DraftKings marketplace where they can release custom sports-based NFTs.

This isn’t DraftKing’s first jump into the NFT world. They previously released NFTS of iconic sports figures such as Wayne Gretzky and Tom Brady – which nearly sold out immediately.

Another company expanding NFTs is Epic Games, realtor of the hit Fortnite. Their CEO Tim Sweeney said they will open their store to blockchain technology games as long as they follow laws and their terms of service. F

Epic Games, however, will not support blockchain itself at the moment – nor will they be accepting cryptocurrency as payments although I am sure that will change in the future.

On the opposite end, however, Valve has announced they are going to ban all Blockchain games and NFTs on Steam.

That’s a move I imagine won’t win them any favors, and will likely hurt them in the long run.

Valve’s reasoning is the belief that items gaming items should not have real-world value. Amy Wu, a partner in the Venture capital firm Lightspeed, believes a big part of this is due to the fact that when using web 2.0 – the gaming store gets a part of the sales.

With blockchain, it completely cuts out the gaming store – leaving them unable to take a piece of the revenue brought in through their gamers. This is an issue we’ve seen in the past, with Apple’s removal of Epic Games from the App store.

Well, today is Market Cap Monday and as always there’s been a little bit of a shake-up. As of this recording, these are currently the top ten Cryptocurrencies based on market cap:

Bitcoin
Ethereum
Binance Coin
Cardano
Tether
XRP
Solana
Polkadot
Dogecoin
USD Coin

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Resources:

Jack Dorsey says Square is looking to build bitcoin mining hardware for the masses

Coinbase Publishes Proposal for Crypto Regulation Pushing 4 Core Recommendations

DraftKings partners with Polygon to expand NFTs, cryptocurrency possibilities

Epic welcomes blockchain games but don’t expect any Fortnite NFTs

Mining Leaders, Rich Kids, and Autonomous Car NFTs

dustinknouse — Thu, 14 Oct 2021 02:58:47 +0000

The US hit a big milestone. We’ve become the global leader in crypto mining.

This is pretty big news. In 2019, 75% of the mining industry was located in China.

The crackdown obviously allowed for new leaders, and we saw a redistribution of who was mining where.

The US is currently responsible for 35% of the hash rate.

Second place is Kazakhstan – Very Nice! Sorry about that. At 18% and Russia comes in third at 11%

Mining is very interesting because literally, anyone is able to do it. In fact, in Texas, a 14-year-old and 9-year-old converted a gaming computer into a mining rig 8 months ago from watching some youtube videos.

When Ishaan and Aanya Thakur started 8 months ago, they were making about $3 a day.

Now they’ve grown their operation to mining $35,000 a month – mostly in Ethereum.

Of course, they upgraded from a gaming computer and ended up spending hundreds of thousands of dollars on graphics cards – but still. I don’t think these kids will have to worry about college debt.

Another big financial institution is pushing the adoption of crypto. In August, Visa purchased a crypto punk NFT for 150k dollars worth of Ethereum.

Well, now they have announced they are starting an NFT-centric program to in partnership with artist Micah Johnson to teach both creators and small businesses about how they can use blockchain and cryptocurrency to create and sell digital work.

Visa’s vice president and head of crypto tweeted out: “We believe that we are at the beginning of a digital renaissance in the world of art and content creation—a flourishing ecosystem of artists, musicians, writers, photographers, and curators building communities at the intersection of culture and commerce,

“New technologies emerging in the crypto ecosystem, like NFTs, have the potential to lower the barrier to entry for digital creators across the world to build their own small businesses,”

Visa will be accepting open enrollment for artists soon, so be on the lookout for that.

It’s really great to see all of these brands getting into and supporting Crypto. In fact, we’ve seen Budweiser, Taco Bell, Pizza Hut, Arizona Iced Tea, and Charmin enter the NFT space.

In fact, we’ve hit a point where some analysts believe Crypto has become too institutionalized to go away.

EO of venture capital firm Social Capital, Chamath Palihapitiya made some interesting points on a recent podcast when discussing bitcoin bans.

He believes there’s no way you can just wipe out 3 Trillion dollars from our economy – and that there’s just too many people and companies banking on it at this point.

Being the capitalist society we are, politicians would have to be worried about losing support and financial backing from some of these big crypto investors.

We’re at a point where there’s basically no chance of a ban – especially as more and more payment processing companies accept crypto. We’d simply cripple a large part of our economy.

Anyway, it’s time to talk about the NFT world.

Yesterday we discussed Coibase’s new NFT marketplace. Well, apparently it’s going to be something big – as there have already been over 1 million people to join the waiting list in its first day.

In fact, the demand to join ended up causing Coinbases’ website to temporarily break.

With Coinbases’ current user list – it’s very possible they could be the biggest rival to Opensea.

In another interesting way to bridge the gap between the physical and digital world, single malt whiskey distiller Glenfiddich is partnering with the marketplace Blockbar to release NFTs.

The NFTs will be attached to a real-world luxury bottle of liquor. The bottle will remain safe at a warehouse in Singapore until the token is redeemed.

This allows people to buy and trade the luxury brands without having to ship the bottle or pay duty taxes until someone decides to basically cash out. In this instance, the NFT acts as a sort of receipt for collectors.

Another cool NFT design comes from Wakkata, who developed the NFT blockchain Sensorium. They partnered with Roborace to create a mixed reality racing-based metaverse.

The NFTs will be upgradable and connected to a real-world full-sized autonomous racing car.

That’s right, the cars will be driven solely by onboarding computers – and owned by you.

Roborace was created as a way to advance the technology for autonomous cars. Autonomous cars are expected to help with traffic congestion, which will also cut down on gas emissions. It can also lead to much fewer road fatalities and hopefully put an end to DUIs.

So I’m excited about this project. To find out more about Wakatta and Roborace, be sure to check out the link in our show notes.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

https://www.techspot.com/news/91745-us-overtakes-china-first-time-become-global-crypto.html

North Texas Siblings Make $35K a Month Mining Cryptocurrency; Here’s How They Do It

Visa to Help Creators, Small Businesses Learn About NFTs and Crypto

Here’s why this analyst believes Bitcoin is ‘too institutionalized’ to ‘go away’

Coinbase’s NFT waitlist tops 1 million signups on first day

The whisky-maker putting the ‘fun’ in Non-Fungible

Wakatta Partners with Roborace to Integrate Upgradable NFTs into Racing Metaverse Platform

One Billion Dollars, Reese Witherspoon’s New Addiction, and a New NFT Marketplace

dustinknouse — Wed, 13 Oct 2021 03:44:00 +0000

There are more good predictions for Bitcoin at the end of the year.

Some analysts have used made a prediction based on stock-to-flow models.

Stock-to-flow measures the current circulating supply of an asset against the flow of new products to forecast price moves.

Their model suggests that Bitcoin could see all-time highs in November, with the potential of it continuing to rise even through to February.

They believe by December it could hit 70,000.

I’ve been reading a lot of predictions that it’s going to go up lately – with very few people expecting a drop. But then again, that might just be confirmation bias on my part.

One of the most important things for cryptocurrency is going to be adopted if we really want to see prices soar. We’ve been seeing more and more financial institutes finally getting behind crypto and we have another big one to add to the list.

Stripe, a large financial services company is hiring on a crypto team. They’re currently looking for four engineers who will help lay the foundation for their crypto strategy as they plan to start web3 payments.

The easier it is for individuals to pay businesses using crypto, the more it will be considered a real currency.

Right now a lot of people still consider it more of a commodity.

We’re going to see more of a boost in adoption, as Binance has come out and said they are going to be spending 1 billion dollars to fund the adoption of Binance and blockchain as a whole.

They said it’s “the biggest funding program of its kind in the whole cryptocurrency industry.”

Binance will be dividing its fund into four different categories.

They will use $100 million for talent development,

$100 million for the liquidity incentive program,

$300 million for the builder program,

and $500 million for the investment & incubation program.

They also said, “The program is designed to boost the growth and innovation of projects and bolster the wider community and create a crypto-native pool of talent that will pave the future of crypto.”

It’s important to note that Binance only launch a year ago and it already created a huge success – and hasn’t shied away from spending its profits to help the industry.

They’ve put seed investments into 40 different projects with up to a million dollars each.

They’ve also incubated another 60 projects in their Most Valuable Builder Accelerator program.

Jay-Z is also pushing the space forward as his Venture Capital firm invested in a tech firm that focuses on the metaverse and building blockchain-based products: Spatial LABS.

sLABS as they like to be knowns, sLABS will launch its first product, “LNQ,” a blockchain-enabled hardware platform that helps onboard young creators to the metaverse

This isn’t Jay-Z’s first investment into blockchains. In May he invested in the $19 million Series A round for Bitski, a self-described “Shopify for NFTs,” or non-fungible tokens.

I guess this is a good time to make the switch to discussing the NFT world.

It seems like there’s no end to the number of celebrities getting involved with NFTs.

Reese Witherspoon recently announced she bought her first NFT and is already looking forward to the addiction. She asked the Twitter world to give her some advice.

And who responded? None other than the collector and NFT advocate Snoop Dogg.

I think Snoop is going to find his way into nearly every episode at this rate. Maybe it’ll be a new segment – what’s snoop doing today in Crypto?

Anyway, he suggested that she connect with one of the most influential women in NFTs @pridesai who could connect her with the best artists and collectors.

If you don’t have enough places to buy NFTs buy now, you can add yet another marketplace to your list.

Coinbase has announced that they are going to be making a new product called Coinbase Marketplace making another place where you can mint, purchase, and show off your NFT collection.

Coinbase will start with Ethereum based NFTs and plans to adopt other blockchains later.

Of course, this comes on the heels of their competitors Gemini and FTX coming out with their marketplaces.

We’re going to end up with an NFT marketplace war soon and it’ll be interesting to see who wins, and what new features and technology will come out of the competition.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Stripe is creating a crypto-focused engineering team to ‘build the future of Web3 payments’

Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry

Bitcoin could hit $70,000 in December, based on this valuation model, some analysts say

Reese Witherspoon Gets Into Ethereum NFTs, Snoop Dogg Gives Advice

Jay-Z’s VC Firm Makes Investment to Help Create the Metaverse

Coinbase Announces NFT Marketplace

DeepFakes, Bitcoin Farms, and a Kanye West Mural

dustinknouse — Tue, 12 Oct 2021 03:43:33 +0000

It’s time for some tech Tuesday and there’s a bit going on.

Deep fakes are a growing concern these days, especially with all of the misinformation out there.

They have been used in some cases for fun, but in others to hurt or ruin people’s careers. It’s a trend we’ve seen especially among successful women, where nude or pornographic fakes are made to ruin their reputation.

I’m not really sure why a person’s body or sexuality would ruin someone these days, but society says it can.

Well, the future answer to this problem might lie in the blockchain. Blockchain is a secure way to track content – not just its source, but any changes something may have gone through.

By putting social things like photos and videos on a blockchain, it’s verified by a series of computer, which then all agree upon it. Should the content be altered, the network would know immediately when and where it changed – allowing for people to prove a deep fake had occurred.

If you want to know more about the technical aspect of how the security would work, check out the link to the World Economic Forum article in our show notes.

The great thing about blockchain is it increases transparency and accountability while still allowing for a level of privacy if you want it.

Last week, Bitfarms announced they would be opening a mega bitcoin mining farm in Argentina.

They’ve secured a contract with a private power company to provide 210 megawatts of infrastructure to the farm.

It’s worth noting that Bitfarms is publicly traded on the NASDAQ so you may want to look into them.

It was reported that in September, Bitfarms had a 1.4 exahash per second rate.

If you aren’t aware of what a hash rate is, that’s the speed at which a mining rig is able to process transactions on a proof-of-work system like bitcoin or Ethereum.

Bitfarms chose to set up its new mining farm in Argentina because it’s somewhere that has low demand for power consumption, making rates cheaper than a lot of places and allowing for room to grow.

Room to grow is very important. Since the crackdown on China, a lot of miners are trying to set up shop in new regions. One of the places a lot of miners are moving to in the US is Texas.

Texas is currently home to the largest mining farm in the US, about 160 miles south of Dallas in Rockdale Texas.

The facility currently uses about as much power as 150,000 homes – and it’s not the only mining farm in that area.

More and more are popping up in Texas – but there’s becoming a large concern that the state’s electrical grid can’t handle it.

If you remember, over the winter Texas’ electrical grid had some pretty big disasters. Thousands were left without power during one of the worst storms it’s seen.

Some advocates of the mining industry entering Texas say that the farms can provide more stability by powering down during peak times, and using more energy when fewer people are using the grid.

Of course, that means adding more infrastructure and regulation to see it happen – and some skeptics are concerned miners won’t follow the rules considering that less power means less money.

If you are the type of person who is interested in mining – good news. Intel Arc GPUs

This comes after NVidia’s GeForce products had light has rate limiters put on them to discourage miners from buying them all up. In a previous episode, we discussed how it was worked around by hackers and developers.

Intel has come out saying that they are going to take a neutral stance when it comes to crypto mining, and allow buyers to decide what their graphics cards are used for.

Right now it’s not known how well the Alchemist ARC cards will do when it comes to mining – but I’ll keep you up to date when it hits the market.

Well, it’s time to discuss the NFT world.

Jason Peterson, who is a Chicago-based artist unveiled a Kanye West Mural at the intersection of North Sangamon Street and West Lake Street.

Peterson has decided to auction off the mural as an NFT, contributing to a growing trend we see where the digital and physical world is crossing paths in the NFT market.

The mural contains a QR code on the left side. The owner of the NFT, and essentially the mural, will have their information linked to the QR code and allow people passing by to find out more about the owner by scanning it.

The piece is being auctioned off on YeahProbablyNothing and will end on October 23.

If you are looking for a new place to mint or purchase NFTs, FTX US is launching a new marketplace to rival markets like Open Sea.

In launching the platform FTXUS’s president, Brett Harrison said we hope to provide both US and global users with a regulated marketplace that is intuitive and responsive to their needs..

This of course comes after we mentioned yesterday that Open Sea’s marketplace regulation has come into question about offensive work being sold that goes against their own terms of services.

FTX US will mint NFTs using Solana, and they are expected to add support for Ethereum in the near future.

In the gaming world, Vulcan Forged is launching the first-ever decentralized exchange for NFT gaming tokens.

Vulcan Forged is a play to earn platform designed as an easy-to-play and easy-to-build ecosystem. It’s a community-based project that promotes the development of world-class blockchain games by supporting developers through its development of programs.

Their entire ecosystem is powered by its own PYR token, which is a cross-platform currency.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Blockchain can help combat the threat of deepfakes. Here’s how

Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina

Will The Texas Electric Grid Be Able To Handle State’s Bitcoin Mining Rush?

Intel Arc GPUs to Ship Without Cryptocurrency Mining Limitations

Kanye West Mural Now Being Auctioned off as NFT

FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

NFT Gaming Pioneer Vulcan Forged Launches First-Ever DEX for Gaming Tokens

Biden Executive Order, Sin City Record, and Who’s Promoting Hitler Promotions

dustinknouse — Mon, 11 Oct 2021 03:30:00 +0000

Well, over the weekend things were a little rocky – but as of this morning, things are looking as good as they were about 3 weeks ago – which is a good sign.

Some of the rockinesses came as the Biden administration has been considering an executive order to have federal agents study the crypto industry and provide suggestions on oversight.

The US government has been watching crypto for a while, and since Biden has been in office there’s been more interest from regulatory commissions such as The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Federal Reserve came together to form a “sprint team” earlier this year to really analyze it.

This all comes as there’s been a large number of ransomware attacks happening lately – most notably the Colonial Pipeline attack, where they paid roughly $5 million dollars in Bitcoin to get gas flowing again.

This attack had real-world consequences, causing a gas shortage and a bit of mayhem on the east coast.

Again, this is all good news – as it will bring more credibility to crypto and bring in older investors, who were either skeptical or simply misinformed about it, and drive up prices.

I wanted to share with you guys something interesting, as we consider crypto to be something very new. As it turns out, the idea was sparked a hundred years ago by Henry Ford.

Now, Ford didn’t come up with blockchain – although considering the assembly line – it wouldn’t have surprised me.

In Fact, in Dec. of 1921, the New York Tribune wrote an article called “Ford Would Replace Gold With Energy Currency and Stop Wars”.

Sound familiar?

He said that the currency would be measured in kilowatt-hours and be issued only to a certain definite amount and for a specific purpose.

Ford also criticized the banking industry, which looked much like it does today. He was quoted saying, “It’s simply a case of thinking and calculating in terms different from those laid down to us by the international banking group to which we have grown so accustomed that we think there is no other desirable standard,”

I love that. Ford did a lot of shitty things, like destroy our railroad system, but he also did a lot of great things for the world.

Of course, Ford wasn’t the only person in the past to come up with the idea of what has today formed into cryptocurrency and I’ll likely share more of those moments in history from great scientists and philosophers – but I really enjoyed that find.

Ford, however, might be one of the oldest.

Speaking of asshole banks, head of JPMorgan, Jamie Dimon – mispronunciation on purpose – came out and said he expects the government to “regulate the hell out of Bitcoin.” He also spouted the typical misinformation that Bitcoin is used for sex trafficking and ransomware.

Although he’s not wrong – it has been used for that – but it’s only a tiny fraction of the overall market. Honestly, fiat currency is used for the same purposes far more – and if we were to compare dollar for dollar I think you’d find crypto to be used less.

Dimon also said Bitcoin has no intrinsic value. Ok, boomer, blockchain technology has done far more for the world than shiny rocks and pieces of paper – which is what your industry has been historically based on.

Lastly, Dimon said “We have a free market in this country, which everyone should applaud, We pay people to do a great job. They could all sell their services elsewhere.”

The actual service industry pays $2.13 an hour, and we have a federal minimum wage that hasn’t changed since 2009. I’ve seen 0 effort from this ass hat to actually help people providing services – while he makes a salary of $31m a year.

The people actually doing the work at JPMorgan that make the money for his salary start around 28,000 a year.

Anyway, it’s time to discuss the NFT world.

OpenSea, which is the largest NFT Marketplace has come under fire recently over work they are selling that praises Hitler.

Some of the artwork is titled things like “Heil Hitler.” or “Hitler did nothing wrong”, among other works.

Open sea hasn’t made a comment about the specific works, but their terms of service claim that anything that promotes hate or violence against others will be removed. Clearly, they need a better system to check what is posted.

When I was a kid I used to love playing Intellivision – a rival to Atari.

Well, the company has been making a comeback selling NFT games. The only problem, the games are for a console that hasn’t been released.

The Intellivision Amico was supposed to be released in October of 2020, then was pushed back to April of 2021. Now – who knows? They say it will be the end of this year, but have yet to release any real date and there’s not much time left in the year.

The Amico will also come with physical game bundles if it gets released. The console is android based and will feature retro-style games as well as original Intellivision titles.

Pitfall was the game I used to play on there all the time, along with a Dungeons and Dragons game.

A record was broken this week by award-winning comic book artist and writer Frank Miller.

He released a piece that was animated with sound, based on his hit graphic novel series Sin City.

The NFT was titled “I Love You, Nancy Callahan,” and was auctioned in a short 24-hour window. It raised a total of $840,986.16 and was paid for in Gala Coin.

Sincere today is Market Cap Monday, it’s time to list the top 10 currencies based on market Cap as of this recording. There have been some changes since last week.

Bitcoin
Ethereum
Cardano
Binance
Tether
XRP
Solana
Polkadot
USDCoin
Dogecoin

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Resources:

White House Considering Executive Order on Crypto Oversight: Report

Colonial Pipeline Paid Roughly $5 Million in Ransom to Hackers

How Henry Ford Envisaged Bitcoin 100 Years Ago — A Unique ‘Energy Currency’ That Could ‘Stop Wars’

JPMorgan Boss Jamie Dimon Names The Best CEOs, Says ‘Regulators Are Going To Regulate The Hell Out Of’ Bitcoin

OpenSea, the largest NFT marketplace, is selling artwork praising Hitler

Intellivision Is Selling NFT Games For A Console That Ain’t Even Out Yet

Frank Miller Sells Sin City NFT for Insane, Record-Breaking Amount of Money

Bitcoin Predictions, Miner Hacks, and Art Forgery

dustinknouse — Thu, 07 Oct 2021 03:22:00 +0000

Shib had a bit of a sell-off yesterday and dropped from back down to the 20th spot.

Bitcoin also briefly hit $56,000 last night before a quick decline down to 54,000.

One of the things that caused the drop was that we saw an unusually large number of bitcoin miners sent their coins to exchanges instead of personal wallets.

It’s not common that we see this. Usually, miners send their coins to wallets to hold, but there’s been an interesting trend when we’ve seen this behavior in the past.

During the bull runs of 2017 and 2021 – miners also has a sell-off when things spiked. However, in both cases, this influx of supply only momentarily slowed the bull run and each time miners sold off early in the run and missed the true peak.

It’s possible that might be happening again, as top analysts are saying they expect a record-breaking bull run by the end of the year.

Nick Spanos, the founder of Zao Protocol came out saying he believes Bitcoin will break 100k by the end of the year, and that Ethereum will be around 10 or 12,000.

Nigel Green, CEO, and founder of financial advisory organization DeVere Group also said he believes that bitcoin will be breaking 100,000.

This recent run seems to be triggered by billionaire George Soros’ investment fund coming out saying they have begun investing in Bitcoin over the last few months.

Their chief investment officer, Dawn Fitzpatrick, “I’m not sure that Bitcoin is seen only as a hedge of inflation here. It has crossed the abyss into the mainstream.”

This quote comes right as the Bitcoin market cap passes that of Facebook and Tesla.

But let’s be clear, not everyone believes in Bitcoin’s success.

ByteTree’s investment chief, Charlie Morris, has come out saying he believes Bitcoin is overpriced and shouldn’t be worth more than $28,000. His belief is that this premium we are seeing is due to China’s leaving the market and Tesla’s buying into it.

If you’re into mining, there’s been some interesting news. For those of you that aren’t, a lot of graphics card manufacturers have been putting on limiters to discourage people from buying them for mining.

This comes after there was a graphics card shortage, which affected the entire computer industry.

NVidia made their new cards to have a Lite Hash Rate, which discourages Ethereum miners.

Well, NBMiner was able to bypass the limiter by restoring up to 70% mining performance to Nvidia’s RTX 30-Series cards.

A program called Cue T-Rex came out that allowed users to mine a second coin using the remaining 30%. Although a miner can’t yet use the full 100% graphics power to mine a single coin like Ethereum, they can use the full power for mining.

Now it’s time to switch our focus over to the NFT world.

Well, there’s a new NFT marketplace called Infinity that’s looking to compete directly with OpenSea, which is the market leader at the moment.

There have been some NFT influencers who have backed the project, like 0x_b1

Infinity is planning to take users directly from OpenSea by airdropping tokens to anyone who had a transaction on OpenSea before October 4th.

“The airdrop amount is based on tiers derived from OpenSea transaction volumes. The airdrop becomes claimable after transaction activity on the Infinity marketplace within a 30 day period. The token is transferable once the 30 day period has been completed.

A famous art forger has entered the NFT space, Wolfgang Baltrachi.

Wolfgang is known for decades for forging some of the world’s most expensive art and selling it. HE spent six years in prison after being convicted in 2011 of forging 14 famous works of art and selling them for millions of dollars.

He’s going to be selling, 4,608 original digital artworks of the 500-year-old “Salvator Mundi” painting.

The original Salvatori Mundi sold for $450.3 million at a Christie’s auction in 2017.

That’s all I have for you this week, and I’ll be back on Monday with more news.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Bitcoin Miners Send An Unusual Amount Of Coins To Exchanges

Bitcoin bull run: analysts predict record rally to end 2021

Bitcoin price spikes 10% and surpasses $ 55,000 thanks to billionaire George Soros

Bitcoin market capitalisation hits $1 trillion surpassing Facebook, Tesla

Bitcoin is ‘overpriced’ as it is worth no more than $28k, says ByteTree’s investment chief

Crypto miners have busted through Nvidia’s LHR graphics cards yet again

Infamous German art forger Wolfgang Beltracchi is selling recreations of the world’s most valuable painting as a collection of NFTs

Shiba Inu, Crypto Billionaires, and Legends of Hip Hop

dustinknouse — Wed, 06 Oct 2021 03:18:00 +0000

Yesterday we discussed Shiba Inu’s big jump – and its bull run has continued throughout the night.

During my last recording, I mentioned Shiba was up to the 26th largest coin, based on market cap. It did drop momentarily – but is now up to the 20th largest.

Could it hit the top 10? Well, it would need to grow about 230% to knock PolkaDot out of its 10th spot.

One of the causes for renewed interest in Shiba has been Elon Musk posting a photo of his Shiba pup, which investors believe signals his support.

Shiba Inu has also been joining more and more platforms like Coinbase. It’s been said that Robinhood is locked and ready to bring on the coin, as well as other altcoins. It’s speculated there will be an announcement this week.

No matter how you feel about Robinhood, and what it’s done in the past with stocks like Gamestop – it’s a platform with a lot of users. When we saw it adopt Doge, that coin spiked creating a lot of wealthy people.

The more places you can buy the coins, the better.

Another reason Robinhood has received a lot of criticism in the space is that it doesn’t have a way to send money using a wallet.

As it turned out, that’s expected to change as well. Robinhood has started allowing people to sign up for a waiting list to get a crypto wallet. It’s about to start a testing phase, but I imagine it will roll out shortly after testing.

I did sign up for the waiting list, but I’m over 100k down the line. When it opens up, I’ll let you know how it goes.

Circling back to wealthy people made from crypto – the Forbes 400 Richest people list this month included six new crypto billionaires – bringing the total up to 7.

Before it was only the Ripple co-founder on the list, Chris Larsen.

I apologize now for any mispronounced names.

The newcomers to the Forbes list are Sam Bankman-Fried – who is the richest billionaire in crypto – and is currently the CEO of FTX CRypto Exchange.

He’s joined by. Coinbase founders Brian Armstrong and Fred Ehrsam.

Cameron Winklevoss and Tyler Winklevoss, twin co-founders of cryptocurrency exchange, Gemini.

And Jed McCaleb, an early pioneer in the blockchain space. He was also co-founder and CEO of Ripple.

Global adoption of crypto has taken an important step in the right direction. The Principles for Financial Market Infrastructures and International Organization of Securities Commissions released a consultative report on applying the international payments standards to stablecoins.

These groups were responsible for putting together international standards for payment systems after the 2008 global financial crisis – which exposed what can happen when innovation is not regulated.

Their proposed guidance will help with the international adoption of stablecoins, which can again give legitimacy to all coins and tokens.

This report can also help people who want to make new stablecoins ensure that their work will be adopted by international standards of financial institutions.

Now, if you are someone like me and looking for the next crypto to sit on – Forbes released an article on an interesting token that’s been exploding. OMG.

OMG is built on the Ethereum network, and has increased 150% since September.

The OMG Network aims to create interoperability between different asset classes such as fiat and cryptocurrency.

Another altcoin-making News is called Nano. It’s being touted as an eco-friendly. Nano takes a new approach to the way blockchains are made.

Right now, chains like Bitcoin are built on a massive chain with different computers all agreeing on the same blocks.

With Nano, each account created has its own blockchains it works on – called account chains. When a computer finished its chain, other computers on the network check it – and update their records.

The benefit of Nano is that it has low transaction fees because it discourages mining for profit – which is the reason for bitcoin’s high energy use that’s highly criticized.

Of course, before you invest in any token or coin you should look into the technology and make sure you believe in it.

Now it’s time to move over to the World of NFTs.

Russel Simmons, co-founder of Def Jam and a pioneer in the hip hop world is releasing a series of NFTs with Snoop Dogg. This collection features legends of the hip-hop world.

When discussing why he created this series, Simmons was quoted saying “respect for the founding fathers of hip hop needs a reboot.”

He claims the NFTs are museum quality and expects them to go up in value.

The collection goes on sale on October 10th on the Tokau marketplace.

Artist Damien Hirst is expected to showcase over 10,000

His exhibition will be part of this year’s Frieze London art fair.

He’s secured a partnership with LG and will be presenting his work on OLED LG TVs. The exhibition is rightfully called LG x Damien Hirst: A History of Painting.

If you love games and are interested in NFTs but are confused about where to start, there may be a fun way to enter the market. There’s a trend we mentioned yesterday of play-to-earn games popping up.

Well, Sky Mavie just raised $152 million at a nearly $3 billion valuation to help grow its Axie Infinity.

Axie Infinity has hit No. 1 in NFT collectibles, even though it’s not available on the iOS or Android app stores. You can find it on PCs, Mac, and it can be played on mobile devices.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Resources:

7 Crypto Billionaires On The Forbes List

Forget Bitcoin, Ethereum, Cardano, BNB And XRP—The Price Of This Small Cryptocurrency Is Quietly Soaring

Global Standards for Stablecoins

Russell Simmons Says His NFT Collection with Snoop Dogg Is About ‘Respect’

Damien Hirst to Showcase 10,000 NFTs in Innovative Exhibition

Sky Mavis raises $152M at nearly $3B valuation for Axie Infinity play-to-earn NFT game

Snoop Dogg Spam, Scam, and Other Ways to Spend Crypto

dustinknouse — Tue, 05 Oct 2021 03:08:00 +0000

There’s been some interesting developments over the last couple of days. The meme coin Shiba Inu was trending on Twitter, which caused a large jump for the coin.

Only a few weeks ago it was the 52nd largest coin based on market cap and not it’s jumped up to the 26th as of this recording.

Shiba Inu has been labeled as the Dogecoin Killer, and a lot of people are hoping it will beat Doge to the $1 mark. I’m a big fan of Shiba Inu, but the truth of the matter is – there is a LOT of Shiba Inu that was created.

Not all of it was released, but in order for it to hit the one penny mark a lot of coins will have to be burned. That being said since its creation in August 2020 – tens of millions of coins have been burned and more burns are expected to come.

$1 isn’t impossible if the burns continue and we see rising demand.

While we are talking about altcoins, Mark Cuban has come out to discuss an interesting trend.

The Mavericks owner said people are less likely to pay for tickets and merchandise using bitcoin. People don’t want to part ways with it because they see it as an appreciating asset.

He’s found that people have been paying using Dogecoin far more, as it is easier to spend and doesn’t appreciate as quickly.

Speaking of spending crypto.

For those critics who think Crypto can’t be used like cash, data from Findbold shows that over 21,000 Bitcoin ATMs have been installed globally in 2021 alone. Over 90% of the ATMs are located in North America.

These ATMs are a good push to seeing Crypto being treated like an actual currency. Earlier this year I was very excited to see one installed at a mall near me. I haven’t used it yet, because I am holding for the long term – but I love how accessible it is

I also wanted to talk about a new report that came out from Bank of America. They’ve said that Crypto is too large to ignore.

Their report has started the Defi has the potential to provide financial services to over 1.7 billion unbanked people globally.

Bank of America also said the market evaluation is over 2 Trillion dollars and 200 million users. They’ve also shown that the industry has become less about Bitcoin, with so many altcoins popping up.

Of course, this type of attention means we are going to see more government involvement around the world. Recently, the Security Exchange Commission, or SEC, sent a subpoena to Circle.

Circle is known as a stable coin issuer and was planning to roll out a new interest-bearing product called Circle Yield.

Circle has said they are cooperating with the SEC, but can’t comment at the moment.

Circle isn’t the first platform we’ve seen scrutinized for having high-yield interest products. I expect we’re going to see a lot more of this – as the unusually high-interest rates we see in the crypto markets make financial institutes nervous.

Not all institutions are fighting crypto though. US bank, the 5th largest financial institution in the US has embraced crypto as a legitimate investment.

They announced today that its cryptocurrency custody service is available to fund managers.

They will help store private keys for Bitcoin, Bitcoin Cash, and Litecoin.

In time they expect to support other coins, like Ethereum.

Now it’s time to shift our focus over to NFTs.

NFT market continues to grow, with the third quarter of this year seeing a trading volume of 10.6 billion dollars. That’s up 704% from the previous quarter.

Of course, a market that large means more and more scammers will enter it.

Thousands of investors put ether into an NFT project called Evolved ape. It was set to be a fighting game that stored over 10,000 unique NFTs that would be distributed to the best players.

Gaming NFTs is not a new concept and is a growing trend.

Unfortunately for these investors, the creator of this supposed game – whose pseudonym is Evil Ape – took 2.7 million dollars, closed the project’s official Twitter account and website, and disappeared.

This scam is known as a rug pull. So, if you do plan to invest in any project – make sure you thoroughly vet the source. If you want to know more about the project and the scam, the Vice article is linked in the show notes.

I want to move on from scamming to spamming.

Rapper Snoop Dog, who seems to have his hands in everything, revealed himself as the NFT pseudonym Cozomo de’ Medici.

He posted a tweet yesterday saying “If I see a jpg come into my wallet uninvited, and it is not fan art, you can rest assured I will never support that collection or any of its derivatives.

He also wrote “Mass spamming of garbage jpgs is an insult to the artists who work so hard to earn their way into collector wallets,”

NFT spamming has become more and more popular, and not long ago Budweiser had discovered its wallet was sent cartoonish Dick Pics. They’ve removed them – a good reminder that unsolicited dick pics is never a good idea.

Well, with everything going on I thought I would end this episode by listing the top then Crypto based on market cap:

1 Bitcoin

2 Ethereum

3 Binance Coin

4 Cardan

5 Tether

6 XRP

7 Solano

8 Dogecoin

9 USD Coin

10 PolkaDot

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Please follow our show wherever you listen to podcasts – and please leave a review on Apple Podcasts. If you get your podcasts on Youtube, be sure to subscribe and leave a comment there.

Resources:

Over 10,000 Bitcoin ATMs installed globally in 2021 as demand for crypto surges

Billionaire Mark Cuban says not many people like to pay in bitcoin because it’s an appreciable asset, unlike dogecoin

SEC slaps stablecoin issuer Circle with a subpoena as the agency homes in on crypto

US Bank launches bitcoin custody service as institutions race to cater to crypto demand

NFT Trading Volume Hit $10.67 Billion in Q3, Up 700% From Previous Quarter

Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed

Snoop Dogg: Spamming Crypto Wallet With NFTs Is ‘Insult to Artists’

Coinbase Hacks Ethereum hopes, and Lil Nas X

dustinknouse — Mon, 04 Oct 2021 03:08:28 +0000

In our last episode, I told you about how some people woke up to find more money in their accounts – well today there’s some bad news for some Coinbase users.

Coinbase announced that hackers found a flaw in their two-part authentication system, and were able to take funds from over 6000 users.

The good news is, Coinbase is taking responsibility and promises to reimburse everyone who was affected by the hack. So, keep an eye on your accounts.

I checked mine, and I’m ok – which is what really matters.

Last episode, I also discussed how China’s ban isn’t a problem – and it turns out Edward Snowden agrees.

A decrypt article coming out today says Snowden believes that the ban actually strengthened Bitcoin. He was quoted saying, “This is the first time in a while I’ve felt like buying BItcoin. That drop was too much panic and too little reason,”

Snowden’s not the only one that has faith in Bitcoin. Florian Grummes, the managing director of financial consultancy firm Midas Touch has stated he still believes Bitcoin is well on its way to hit $100k.

He does say there will be pullbacks along the way.

Really, that’s something we see in any market. And those dips are always the best time to buy.

In the Ethereum world, JP Morgan has recently come out with a report that institutions are favoring Ethereum over Bitcoin.

A Crypto Compares report also suggested that Grayscale’s Ethereum Trust was the most traded digital asset product in September.

Ethereum is also expected to become a favorite amongst institutions once the 2.0 update officially rolls out, which would move Ethereum from a proof of work to a proof of stake – which is expected to happen in 2022.

Well, if you know someone who feels confused about crypto wallets but really wants to invest – a Vancouver-based Crypto Mining company, Hive Blockchain has reported that in their first quarter, they saw a large profit.

They went from $1.8 to $18.6 million dollars. I don’t know enough about the company to suggest them, but if you are curious their NASDAQ symbol is HIVE. H I V E.

Now it’s time to move on to NFTs today.

If you are a fan of the art world, you know that contemporary art had been hit particularly hard at the beginning of the pandemic.

I live in one of the world’s largest and oldest art communities, which iis located in Downtown Los Angeles. The Brewery Artist lofts, if you are curious, and I’ve definitely seen a large impact on people in my community.

The good news, though is that NFTs have been a significant help. A report from Artprice says that over the last year, contemporary art has hit a peak of 2.7 billion dollars.

That’s up 117%

Of course, we’ve seen people entering the NFT space like world-renowned street artist Banksy – who sold his work Morons for $380,000.

The piece simply said, “I can’t believe you morons buy this shit.”

I love Banksy so much.

Anyway, we are also seeing Lil Nas X entering the space. Another person I’m a fan of what they are doing.

He’s teaming up with Tik Tok to drop their first official NFT’s.

Lil Nas is releasing an NFT that is an alternate version of his music video “Montero (Call Me By Your Name)”. It’s set to release on October 6th.

For those of you who love the entrepreneur world, Gary Vee has also entered the NFT world.

He sold several pieces at Christie’s Auction House, totaling over 393 Ether – or 1.2 million dollars.

I wonder if he will be giving up his mug life for NFTs. Gary, let me know.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Resources:

Coinbase hack sees thousands of users’ accounts drained

Bitcoin’s $100k target on course despite China’s ban, says managing director F. Grummes

Bitcoin Is Stronger After China’s Crypto Ban: Edward Snowden

Are Institutions really favoring Ethereum over Bitcoin right now

Hive Blockchain First-Quarter Profit Jumps More Than Tenfold

NFTs are bringing back contemporary art sales

NFTs drive sales of contemporary art to record £2.7bn

Lil Nas X is fronting TikTok’s debut NFT collection

Gary Vee Talks Historic Christie’s Auction, Cementing Position in Digital Art World

Bitcoin Futures, Shib Burn, and Why All Artists Should Make NFTs

dustinknouse — Mon, 04 Oct 2021 02:53:55 +0000

This week is ending on a high, which is a good sign. Typically what happens at the end of the week continues through the weekend – so I am hoping that is true.

Fidelity’s director of global macro, Jurrien Timmer has come out and said that he thinks Bitcoin will be up to 100k by 2023.

When he says 100k, Timmer says that’s a conservative estimate.

Of course, there are a lot of bulls who think 100k will be hit by the end of this year. Although it’s possible, it is optimistic.

One thing that might help with the price of Bitcoin is that there are multiple Bitcoin future’s Electronic Traded Funds (or ETFs) expected to be allowed by the SEC.

This is big, as that means more traditionally-minded investors and hedge funds will take advantage of this.

If you aren’t familiar with how futures work, it’s essentially a set agreement between a buyer and a seller or a price set at a specific date.

The benefit to the seller is that if the price falls, the buyer will still purchase it. The buyer is betting that the commodity will be doing better by that time.

Usually, the prices are based on predictions – and both sides are taking a bit of a risk.

Well, more news in Shiba Inu, it’s seen a momentary drop as Scion Capital’s former hedge fund manager, Michael Burry, told Business Insider that Shiba Inu is pointless and he believes it’s a bad investment option.

Now, obviously, he hasn’t researched it much. Shiba Inu, although a meme coin, has been working hard to create a decentralized exchange that can provide a lot of value to the world.

But the good news is, I imagine this is only a temporary dip as nearly $600mil worth of Shib has recently been burned. Burns are an important part of seeing the price go up, as the number of tokens available decreases.

It’s also important to note that only about 40% of all SHIB has been released to public circulation. That leaves a lot of room for burning and price increases.

Last year, the 4th quarter of the year saw a large price jump across the market.

Altcoins are continuing to grow, and making up 55% of the market today – and there are three coins that a lot of experts think are going to soar during the 4th quarter.

The three coins you might want to keep an eye on are Ethereum, Cardano, and Binance Coin.

I do want to make a disclaimer, that I do have an investment in all three of these coins – but I have a diverse crypto portfolio.

That’s also something I would suggest you do if you want to invest in crypto. Diversity in any portfolio is important.

Of course, we all hope that we invest in a coin that will explode like we’ve seen in the past – but you should also invest in those with a solid track record.

As the old saying goes, buy low and sell high. So look for a dip – and purchase. The safer bet is always to hold and let the market do its thing.

Well, it’s time to jump over to discussing the world of NFTs.

I wanted to take a little bit of a different approach today and give a little bit of explanation to the importance of NFTs to the art world today.

On the side, I really enjoy photography. When I travel around the world, I find it a great way to get out and see interesting things. My wife is a digital illustrator.

For both of us, we do participate in art events and sell our work – but there’s one problem. All of our work is prints.

And although there are ways to make prints that have some value – the true value in the artwork comes from selling originals.

Needless to say, the actual Mona Lisa is worth far more than buying a print in a gift shop. A lot of artists rely on selling an original for a large amount and use prints to get them through to the next project and sale.

Well, for us in a digital world – we lose out on that. Until now.

NFTs allow any artist to make an original piece of digital content by minting it on a blockchain, like Ethereum. This allows for proof that the NFT is an original, and one-of-a-kind work.

It allows for people to check that it’s actually from the artist, and eliminates the possibility of forgery thanks to the network verifying authenticity instantly.

So if you know someone who is into digital art, you should suggest they start making NFTs.

There are also other benefits for all artists. Traditionally when you sell an original, that’s it. You’ll never make money on that original again.

From then on, it’s all galleries and collectors making money off your work.

With NFTs, artists are able to make residuals in a similar way that you see in the film industry. Each time a piece is sold, the original artist can get a percentage of the sale – to keep making money as their art becomes more in demand.

Although it may not be a lot of money, as collectors tend to hold onto work if you continue to create work it can become a consistent form of income as more items trade hands. And it allows for your future families to get a cut.

Unfortunately, there is still one type of artist that’s been struggling with this: 3D digital artists.

These artists spend a lot of time sculping, paints, and creating beautiful artwalk on expensive programs like Blender, Maya, and others. The problem is that most NFT markets only support videos or jpegs as opposed to native 3d files like OBJ files.

This almost defeats the point of 3d art by turning it into 2d art.

There is some good news, though, people like Lukas Merville are currently working on new NFT platforms that will support virtual art by running it on engines that support 3d objects line the Dfinitey platform.

That will be the next step required in the NFT world, especially if we want to see a true metaverse. Right now people just purchase pixels on a map and call it owning virtual land.

Now imagine owning an NFT that’s an actual Manhattan apartment, or actually only a virtual replica of the Sistine chapel? Something you can view from all directions, and all angles on your phone or even better by putting on a VR headset and being transported there.

In short, NFTs are going to have some big impacts in our world – and digital artists all over the world, and from all classes, will hopefully get to cash out on their hard work.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

Bitcoin $100,000 may be conservative, analyst says

SEC said to allow first bitcoin futures ETF to trade in US: report

Over $600 million wiped from SHIB market cap in 10 minutes

3 Cryptos To Watch Closely During the Tail End of 2021

What is an NFT and Why Should Photographers Care?

As the NFT Market Explodes Again, Artists Fend Off Old Art-World Power Structures

Great News for 3D Artists: Interactive NFT Platform Has Launched

Crypto Bans, Kobe Tribute, and Free Bitcoin

dustinknouse — Fri, 01 Oct 2021 03:02:48 +0000

Good news for everyone in the Crypto world! After the threat of a possible government shutdown was narrowly avoided, we are already seeing an uptick across all markets.

We still aren’t as high as we were a month ago, which wasn’t much lower than our all-time peak in May.

Continuing the good news, Jerome Powell, Chairman for the Federal Reserve has come out and stated that the US will NOT be following in the footsteps of China and banning cryopcurrencys. He does, however, feel certain stablecoins should be regulated.

Of course, this fear comes after the massive sell-off from China banning crypto. One thing to keep in mind is even though that means fewer buyers on the market – it also means fewer miners. Having been to China many times, my guess is there were more miners than there were investors. I think in the end, it will be better for us all once the next bull run hits.

I also want to address regulations. A lot of people seem to be afraid of them, but they add legitimacy to our space. I really believe in blockchain technology – which actually provides far more transparency than cash, since every transaction is tracked.

I welcome regulation and believe it’ll help more skeptics adopt it.

Speaking of adoption, I’m sure you know, El Salvador is the first country to adopt Bitcoin as a national currency. They’ve also done something else very unique. They’ve begun mining Bitcoin using energy generated from Volcanos.

El Salvador’s president has posted a highly produced Twitter video showing off their rig – which is made of ASIC minders inside of shipping containers. There’s a link to the video in our show notes.

Geothermal mining is something we’ve seen used in Iceland since the beginning, and I am glad to see El Salvador adopting this. The cleaner the energy, the better it is for all of us.

Another country had big news you should Iran has lifted their three-month ban on mining in the country. Miners there are required to be licensed, but not due to concerns over illegal activity.

Iran’s ban and regulation come from concerns over the stability of their electrical grid. Having an unusually hot summer put a large strain.

Underground mining did happen during the ban, in fact about 85% of mining there is still considered illegal.
Anyway, on a more local level – residents of Cool Valley should be very excited.

The Mayor of this Missouri town is planning to give every household $1000 worth of Bitcoin.

I wanted to share a nice quote with you from the Mayor on his thoughts of Bitcoin:

(add sympathetic music)

“It’s given me a new way of thinking about humanity in the future,”

“It’s given me hope and optimism that we can overcome some of the worst parts of the system that we’re born into, and actually create a future exactly how we want it to be. There’s a certain level of hope and optimism that I get from Bitcoin.”

That’s actually really beautiful.

Cool Valley has about $1,500 residents in it. I highly suggest every one of them HOLD. HODL – Hold On For Dear Life. I feel a big run coming this year, and that money could mature to be much more than what you are given.

In fact, one analyst who has nailed Bitcoin’s monthly close for the last two months expects Bitcoin to be $63,000 by the end of the month. If true, that puts us back to where Bitcoin was at its peak.

To use a cliche, a rising tide lifts all boats. I’ll be honest with you, I do own Bitcoin – but I own a lot more Ethereum, in addition to other alt and meme coins. We’re still at a point where everything is connected, and we have yet to see very many coins break free of the Bitcoin trend.

So, I’m hopeful and we should all be rooting for Bitcoin. It’s still the gold standard of crypto.

That also brings me to my next story, another member of US government believes in crypto – but his opinions weren’t so well received. Representative Madison Cathorn, from North Carolina, tweeted out that he believes we should use Crypto as the new gold standard.

Unfortunately, his tweet was not so well received. Multiple news outlets have ripped him apart, as well as a lot of the Twitter world.

Of course, the US completely abandoned the gold standard in the ‘70s. BUT, I don’t think we will have much of a choice in the future.

Cryptocurrency will surely evolve in the future. Bitcoin might be the Friendster of crypto and something bigger and better may come along that we would adopt internationally.

Ultimately, that thought scares big banks – who have been preying on people for years. Let’s face it, they take the money from our savings accounts – lend it out to people for 20% APR and often give us back a percent or less. A savings account is the worst thing you can do with your money.

Thanks to inflation, you’re guaranteed to lose by letting money sit in a savings account.

The current banking system is bad for the common person, and it was only a matter of time a solution came along to cut them out and let the average person get what is actually theirs.

We’re seeing that with staking, which can give you returns as much as 15% a year – although the average tends to be around 5%.

Anyway, back to my point – I don’t think we will have a choice about Crypto being a standard. Its adoption is growing by leaps and bounds, and you can either be an early adopter or be late to the party.

Right now there’s still plenty of room to invest.

And for those people worried about volatility – look at ForEx. I’ve played with investing there, and all currency is pretty damned volatile and changes just about as fast as Crypto.

Ok, rant over.

Speaking of staking, though, if you were a user of the popular DeFi staking protocol Compound, you may have found an unexpected surprise.

Due to a bug in a new update, Compound accidentally gave out $90 million dollars to users.

They are asking users to give the money back – but are being a little generous by allowing users to keep 10%.

On the other hand, they have a threat for those who choose not to give back the money. They will report the error as income to the IRS – which would have huge tax implications for those who choose to hang on to it.

I want to switch topics not from currencies over to the NFT world. Digital art is booming, as all of you know.

Last Thursday, KB24 NFT Team announced the Mamba & Mambacita Sports Foundation is allowing them to make a series of tokens that honors the late Kobe Bryant.

All proceeds from the initial drop will be going to the Mamba & Mambacita Sports Foundation – which is a nonprofit organization dedicated to creating a positive impact for underserved athletes and young women in sports.

The tokens will go on sale to the public Friday, Oct 8th. I imagine they will go quick, and may even give Crypto Punks a run for their money.

The auction platform Nifty Gateway is under fire, as they are being sued by an art collector over the way their auctions run.

The collector recently bid on an art piece and lost. He came to find out that he was still charged, as the top 100 bidders all received a copy of the token at their bid price.

This would be equivalent to a second or third printing in the art world, but of course an original is always worth more. The collector didn’t find this practice fair, that the 99th bidder on the list essentially received the same thing only far far far less and he refused to pay.

As a result, Nifty Gateway froze the collector’s account and blocked access to all 100 of his NFTs. Tough move in a world where things move fast.

So we will see how this plays out in courts.

The virtual real estate business is also booming. The platform Next Earth has seen demand for real estate in Vatican City, where tiles sell for 42 Binance coins or BUSD.

In the metaverse that is Next Earth, tiles start selling at 1 BUSD, which is roughly 1 US Dollar. I popped on today to take a look, and there’s still a lot of open real estate there to claim.

I have to say though, it doesn’t seem very user-friendly and it is a bit of a pain to navigate their website. It’s easy to accidentally select a square in an area you don’t mean to.

If you are interested in signing up for our upcoming newsletter, please go to CryptoDailyShow.com. There you can also find links to where you can follow me on social media.

I wanted to thank you for joining me today.

Federal Reserve Chairman Jerome Powell Insists U.S. Won’t Ban Cryptocurrencies

El Salvador has just started mining bitcoin using the energy from volcanoes

Nayib Bukele’s Video

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DeFi bug accidentally gives $90 million to users, founder begs them to return it

KOBE BRYANT NFT PROJECT TO BENEFIT MAMBA AND MAMBACITA SPORTS FOUNDATION