IIT was a game changer it made crypto available to everybody okay emergency video for Bitcoin today and we'll talk about cardano we'll talk about the latest news with xrp but the news today involving Bitcoin is this only 2.5 million Bitcoin left on crypto exchanges signaling Supply shock meaning Bitcoin exchange reserves have dropped to a three-year low signaling a potential Supply shock as institutional buying from ETFs continue and now we're entering what I think is a golden age of crypto and I want to share with you some perspective on what this means to you if you're
invested in Bitcoin because subscribers of altcoin daily may remember back at the beginning of 2023 this was before the ETFs this was before this latest Bitcoin having I was reporting to you that Bitcoin on centralized exchanges was going through a supply shock in retrospect it probably was the big institutions like Black Rock like fidelity buying enough Bitcoin to start their ETFs their eventual ETFs but this is one of the tweets I shared with you back in mid 2023 the news was this only 11.5% of the Bitcoin Supply left on exchanges lowest in 5 years again
that was mid 2023 many of you took that opportunity to reup on your Bitcoin position and while this was the chart almost 2 years ago ending mid 2023 around here here this is the chart today and that last chart ended around here the supply shock has only grown more severe and that's bullish Bitcoin exchange reserves hit a three-year low at 2.5 million BTC Supply crunch incoming as ETF demand source and most people do not understand how severe this potentially could be I mean the last Supply shock literally 4X the Bitcoin price taking it from the
mid 20s to over 100k I mean this is not rocket science it's a limited Supply it's increasing demand you do the math and let me share with you both sides of the Bitcoin because the Bears the negative people which you know not negative but the the realists may say well this Supply shock has already happened this is why the Bitcoin price has already went up much like you could have said back in 2023 well the supply shock has already happened this is why price already went up but number one there'll be another Supply shock and
another Supply shock the havs will keep happening around every four years suppli is only getting more scarce and number two demand like right here compared to back here it's clearly increasing IIT was a game changer it made crypto available to everybody and now we're entering what I think is a golden age of crypto you've got a president who's Pro crypto you've got a crypto Zar I don't know what that is but if I'm a crypto Bowl that's got to be good sounds good yeah you've got an SEC that's Pro crypto so you I think that
crypto is something you want to have in your portfolio click subscribe to altcoin daily if you want an edge investing in crypto we keep you in the know and let's talk about the latest altcoin news but just one more thing to keep in mind and I've shared with you this clip before while yes we could dip down in the short term another 10 20% that very normal with Bitcoin Humanity has truly never seen an asset with a truly limited Supply every commodity in the world if you increase its price the supply goes up if if
gold went to 10,000 tomorrow we'd mine more gold higher price you would get more no matter where the price of Bitcoin goes the issuance schedule is set there's not going to be any more the world has never seen anything that really kind of looks like this if slash when a Bitcoin Supply squeeze happens that could send Bitcoin truly into the stratosphere and Austin what about altcoins are we still going to have a quote unquote altcoin season I think yes looking at Bitcoin dominance chart but 2025 the fourth year of the four-year cycle was always the
year for years and years and years just like in the past years and years and years Bitcoin dominance Trends up it's only historically for those few months where the most money is made or Bitcoin dominance when you least expect it bitcoin's price doesn't go down but bitcoin's price goes up less compared to altcoins because people start to realize hey I'm not going to get the biggest gains in Bitcoin anymore might as well diversify into something that can get me more gains but is more risk okay we know what altcoin season is but things like this
to me suggest that number one either nothing has changed this cycle is exactly the same same which would suggest altcoin season was always going to happen the fourth year the fouryear cycle 2025 but metrics like this to me could suggest because of this institutional fomo also government starting of government fomo which we have never seen historically in bitcoin's history this could prolong Bitcoin dominance going up that could prolong altcoin season happening if Bitcoin dominance is just pushed up and up and up that'll push bitcoin's price up all this year over the long term but really
if you have the risk tolerance and if you pick the correct altcoins you don't want to buy altcoins here you want to buy altcoins here closer to bitcoin season sell an altcoin season altcoins buy altcoins and Bitcoin season at the end of it the key is to stay in tune with the market and understand which altcoins are implementing so Lana de volume tops $6 million as it looks to extend its 4month winning streak over ethereum Dex volume shows the health of Solana is better than ethereum for the last three maybe four months Solana based dexes
have posted total trading volumes of just over $60 million this month nearly double the 34 million on ethereum and why people are choosing to build and launch and do things on Solana it's pretty obvious Solana has lower fees and higher throughput and this is very interesting Insight onto why potentially the soul eth ratio is going to do better for soul Soul fundamentally could continue outperforming ethereum and Soul's dominance is actually not limited to transaction volume because despite its reputation as a lowcost blockchain Solana has generated $25 million in Revenue so far this month compared with
ethereum's $16 million also in January Solana earned $124 million in Revenue compared to eth's 109 million meaning even though ethereum has much higher transaction fees so they're making more per transaction because they just have much much higher fees so Lana is still getting more Revenue also next piece of news just in Unis swap Labs officially launches an ethereum layer 2 called uni chain so out of all the ethereum layer 2 scaling Solutions we already have the number one dap on ethereum Unis swap isn't choosing to directly use any of these they made their own although
pay attention to optimate is M powered by optimism's op stack uni chain like other l2s on ethereum offer faster and cheaper transactions compared to ethereum's main net and this is bullish for both Unis Swap and ethereum because this will make the user experience on ethereum on uniswap better it will provide a better experience for users of Unis swap in similar platforms and number two it will create a new Revenue opportunity in the form of network fees actually around 20% of the chains Revenue will go directly to the company meaning if you're bullish on Unis swap
which a lot of people are because they're a real company doing real Revenue the number one dap on ethereum this is more revenue for UNIS swap Labs which is healthy for the business and if you follow us on X link down below you saw this as of yesterday grayscale files for a cardano Ada ETF looking at the price action on bitun going to Ada Dam anybody that longed the price on this news probably made money and why the Ada price rallied on the news if approved the product would be grayscale's first Standalone cardano investment product
meaning pay attention to the signals and also pay attention to the other backers of products like this according to the filing coinbase custody Trust Company would be a custodian of the asset and bny melon asset servicing would serve as administrator so coinbase and bny melon are the backers and while an ADA ETF was just filed it may not be first here are Bloomberg's official 2025 altcoin ETF odds they suggest a Litecoin ETF is coming sooner rather than later 90% chance in 2025 Dogecoin 75% chance Solana 70% xrp 65% and they're also suggesting harar and polka
dot happen in 2025 although they're not putting out percentage yet and again pay attention to the signals just in the SEC and binance file a joint motion to pause legal proceedings for 60 days both parties have cited the establishment of the crypto Task Force Under Hester Pierce as the reason behind it well very quickly just to give you the details the language the SEC used to request a delay in a crypto enforc case similar to that in the binance filing suggests the agency would be following suit in other courtrooms meaning good for binance meaning good
for coinbase good for Kraken good for ripple labs and in a direct quote from the assistant us attorney of the District of New York he says it's clear that the SEC is going to completely shift its enforcement activities as to crypto and it makes sense that they would pause ongoing major actions like binance while they await guidance from the sec's crypto task force it has never been more important to stay in tune with this Market one video per day it's completely free hit subscribe to join this Army and stay in tune with crypto and like
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