but they buy a stock and they think if it goes up it's wonderful and if it goes down it's bad we think just the opposite the cryptocurrency market is crashing when it goes down we love it because we'll buy more and if it goes up we it kills us to buy more with Bitcoin coming off of a 32% correction with Bitcoin dominance creeping higher now at over 55% and with the market for almost the last month in extreme fear but if you can't get yourself in that mental attitude you're going to be scared whenever everybody
else is scary we are not in altcoin season yet actually clearly far from it we're in Bitcoin season but understanding that dips are normal even in Bull markets and as the Federal Reserve pivots and finally begins to cut rates a reduction in our policy rate could be on the table as soon as the next meeting in September all while Global liquidity begins to enter the market in a bigger way in 2025 nothing we've seen over the last few weeks or months has already dented the uptrend in global liquidity we're still risk on we continue to
be risk on waiting for altcoin season to hit for me is actually when I want to sell my altcoins Buy in the red sell in the green you have a temperament that when others are fearful you're going to get scared yourself you know you are not going to make a lot of money in Securities over time and while Warren Buffett famously hates Bitcoin is it still rat poison probably rat poison squared if he was born maybe 50 years later here are the top five institutional grade altcoins that I believe he would be into based on
the fundamentals keep in mind I'm not a financial adviser nor can I see the future investing in cryptocurrency is very risky but with xrp about to have major news and you're coming here with sort of good news I guess for people who have been following what you do you could be launching your stable coin a bit faster than most people thought xrp today makes our list at number five well we've always been kind of consistent that we're going to do everything we can to launch this year uh everything Ripple does is in conjunction with regulatory
approval licensing and so a key issue that we will continue to make sure we are partnered with us Regulators before we go live with the stable coin we'll first issue it uh we expect in the us but we think there's opportunity for stable coins globally and certainly Japan as you I think probably know that approved some legislation a year ago that came into effect this year and so there's uh a process underway now to do stable coins here in Japan as well yeah I want to talk about that but when we're talking about the us
we're talking about a matter of weeks for this launch so not only has a US judge officially concluded that xrp is not a security and with the over $169 billion stable coin economy which today is primarily on ethereum and Tron finally coming to The xrp Ledger yeah our expectation has been to move as quickly as we can uh and you know some people I think thought that might be the very end of the year we won't know for sure until Regulators say yes we have the green light uh but we're optimistic we acquired a company
uh called standard custody which had a New York DFS trust license and there's a process you go through to kind of transfer that and how it's going to be used we've had a great partnership with the New York DFS def Department of Financial Services through a bit license we've had for many years uh and we'll continue to partner with them and work through that with them before we go live Point number four on today's list and for those who watched this video black Rock's top five crypto Alt to buy Now understand that this altcoin Ando
Finance is heavily integrated with black rock already yeah I'm Nate so I'm the founder and CEO of Ando Finance it's institutional grade Finance on chain for everyone we are in the business of tokenizing so-called real world assets uh we have a special Focus right now on cash and cash equivalence so we have a short-term treasuries fund that's accessible to us and non- US accredit invest and then we have a de facto permissionless yield bearing token backed by treasuries that can be traded and used very similarly to stable coins but uh that pays its holders a
yield and we also recently announced our plans to get into the tokenization of other public Securities um equities and bonds that have existing deep liquidity and uh plan to unveil that in more detail later next next year the news today is this watch coindesk Jenn s discussed the landmark moment as tokenized us treasuries surpass $2 billion in value while $2 billion is an impressive milestone for the Recently launched funds there is far more potential given the treasury Market's massive size of $27 trillion black rocks USD institutional digital liquidity fund is a big driver in the
soaring market cap of the notes the Biddle fund became the largest tokenized treasury fund just 6 weeks after its launch in March and how this affects you if you hold on though that while black Rock's buildo fund is the largest tokenized treasuries fund to date Ando Finance is the largest tokenized treasuries provider Franklin Templeton and ando's funds were also seeing explosive growth this year ranking the second and third largest just behind Black Rock spidle Point number three on today's list ISU which global map investor Raul pal believes could be the next salana the biggest game
in town however is what is the salana of this cycle if you remember salana last cycle was huge the news today is this S network was 14 times cheaper than salana and 900 times cheaper than ethereum in August the question is is what is that one of this cycle cuz you can make some real money in that bet I'm not going to waste your time if you want to know what sweet is is or the potential or what they're building I would highly recommend this video Cody comes in as next on our list it's an
ethereum scaler and ethereum L2 with privacy founder of Cody explains why you need privacy in decentralized finance confidential defi is obviously huge uh first of all it solves the problem of exploitation and manipulation and uh and me because the transactions are private then it allows you to build sophisticated um trading algorithms without showing them to everybody because people can't just follow what you do or front run you it allows you to do lending and borrowing without showing your wallet to to the world hey and by the way anybody looking for a great place to buy
sell or trade altcoins join me on buybit now and grab a $20 sign up bonus immediately and then earn up to $30,000 in exclusive rewards with referral code altcoin daily and just for people that watch today's video if you're looking to earn up to $528 in Ando or in Aether or injective foxy or any of these eight altcoins register a claim now you do have to deposit $100 into your account to get started directions as well as terms and conditions are linked down below again $500 position airdrop for these altcoins one of them only for
people that watch today's video and register under altcoin daily link down below and that brings us to to our final coin they have just completed the Revolutionary Chang hard Fork it makes cardano one of the most decentralized protocols in crypto and in a direct quote from founder Charles hoskinson the biggest threat to bitcoin's dominance has and always will be cardano and you know what Bitcoin no longer has earned the right to call itself the only sound money blockchain cardano is here too and we will not allow the Maxis and the Bitcoin ecosystem to take that
from us Ada is sound money we are far more decentralized we are deflationary in our monetary policy and we've honored all as our community the commitments and principles and promises that were made and we have engaged in a long Arc road map and been up for seven years at what point are we a real cryptocurrency they'll never say it because they understand that the biggest threat to bitcoin's dominance has and always will be cardano because we were the ones who listened to the innovators in the Bitcoin ecosystem whether it been the innovators with with lightning
the innovators with color coins the innovators of satoshi's vision and where you wanted to take it and how it would change the world and so many of these people because I was there personally for more than 10 years again and again and again proposed Amazing Ideas whether they be color coins as such and none of them ever really ended up becoming first class citizens in the Bitcoin road map because they said Perfection was achieved January 3rd of 2009 we were the ecosystem that listened and finished the work head on over to our Twitter if you
want to watch the full clip it's linked down below if I missed a coin or if you could add one more coin to this list that Warren Buffett you believe would like comment as well and like always see you tomorrow
