NEAR is gearing up! | Crypto Talk
Show notes
After a short crisis, NEAR is getting back up on its feet!
00:00 Intro 00:26 Disclaimer 00:30 Preview 00:44 Bitcoin 02:29 Ethereum 03:50 Solana 04:51 Near 06:20 Subscribe & Good bye
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Show transcript
00:00:00: Bitcoin holding steady Ethereum, moving to a decentralized world computer and the Alpenglow upgrade for Solana.
00:00:09: That and more in The Crypto Talk this week!
00:00:23: This
00:00:26: video is not financial advice.
00:00:30: In this week's episode, we will focus mostly on Bitcoin but also talk about Ethereum, Solana and then also about NIR because after our last video the near price has jumped crazily.
00:00:41: But first let us go into this new story.
00:00:44: We are talking about bitcoin holding fairly steady at US dollars while coins such as Zcash which had a tremendous gain in the past couple of weeks have dropped to twelve percent gained as well due to the tensions in the Middle East.
00:01:03: Now, Treasury yield has touched its highest level since two thousand and seven.
00:01:19: And obviously a lot of people are saying if the treasury yield keeps going up, The only kind of safe haven is essentially Bitcoin Of course gold as well but other coins Are hurting.
00:01:31: Zcash fell about twelve percent But even older altcoins have fallen Aswell.
00:01:37: Now, if we jump to the chart on Bitcoin's price.
00:01:40: We can see here a nice kind of jump towards eighty seven thousand US dollars then coming back down which was quite at performance from Bitcoins level.
00:01:52: since then it has come down though so its very possible that or our next kind of bigger target would be eighty nine thousand US dollars.
00:02:02: So if we can manage to gain from eighty three two eighty nine-thousand on the weekly, this will actually turn fairly bullish on the side of Bitcoin.
00:02:12: The other kind of risk We have here is that?
00:02:14: From a trading pattern Here.
00:02:16: A lot Of people are saying This might Be the right shoulder here and That we Might see Kind of a drop off towards at the lower prices these analysts.
00:02:28: Now, next up we're talking about Ethereum and mainly the cryptographic world computer.
00:02:33: Vitalik Buterin has released a tremendous essay here on And kind of to be, um... To summarize the idea or division behind it.
00:02:47: It's explained like this Ethereum is building a computer that can also work off-chain and on-chain at the same time.
00:02:55: so on chain obviously Ethereum has taken care of that.
00:02:58: but Vitalik Puttingen saying in the future Ethereum will become more than just blockchain.
00:03:04: he's saying that any kind of value Ethereum in the future, and especially the off-chain part is fairly interesting.
00:03:15: Now of course this quite nicely.
00:03:30: Again, we have seen this kind of sideways move here.
00:03:33: then the jump up higher towards two thousand eight hundred.
00:03:37: just a small correction currently still sitting at two thousand seven hundred and I still think this target over on three thousand US dollars is our next bigger goal.
00:03:47: that Then next up, we have of course Solana and Solana is pushing for the Alpenglow feature or upgrade which essentially would bring down the transaction finality time from twelve point eight seconds to a hundred to one hundred fifty milliseconds.
00:04:05: Which actually quite performant And offcourse.
00:04:09: We've always talked about Solana being this performance But most of these performances was only on paper in theory with the Alpenglow Upgrade however reality.
00:04:20: And of course, it is kind of represented in the Solana price amazing chart here jumped up high then retested clean and jumped higher even towards a hundred twenty five.
00:04:31: now offcourse with the small market correction but I still believe one hundred forty US dollars is realistic year.
00:04:38: and then next stop we have a hundred forty nine maybe even close to one hundred fifty here depending on the week.
00:04:44: this should be doable.
00:04:47: market circumstances will keep up.
00:04:50: Then of course, near an very interesting chart here.
00:04:53: I've talked about it in the last video and this thing just blasted through towards a five dollar fifty on some exchanges.
00:05:00: even essentially i've talked is of course this discussion here.
00:05:17: Bitcat got hacked a crypto exchange in Asia, they stole about three hundred eighty million US dollars And the hackers tried to move about fifty million US dollars through near intense, but they got blocked and a lot of people are criticizing near currently because their saying look this is not permissionless.
00:05:35: You should have let us do it.
00:05:36: But NIR is arguing that permission needs.
00:05:40: permission.
00:05:40: list doesn't actually mean That day half two facilitate illegal behavior so stolen assets should Not go through near intents if they can stop it?
00:05:51: I think that's an important discussion also regarding regulation and so on, but I think NIR is still a very interesting investment here already.
00:06:00: First target second target third target almost reach an now bigger.
00:06:04: fourth target.
00:06:08: This all time high is still so far away.
00:06:11: We're talking about twenty two US dollars and we are just gaining a bit of steam here, I think this is an interesting trade.
00:06:20: That was it from The Crypto Talk!
00:06:22: Make sure you subscribe to not miss any other crypto news.
00:06:24: I'll see on the next one.
00:06:25: Have A Good
00:06:33: One!
00:06:33: SwissQuote assumes no responsibility for accuracy or losses from its use.
00:06:37: Products and services are offered only where legally
00:06:39: permitted.".
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