Crypto Breakdown

Episode Summary:On Toda's episode of Crypto Breakdown host Joe Dewitt looks at the 3 NFT Projects to keep on your watchlist that are under 1 ETH.WinterbearsDoodlePunksAngomonsGas Fees: Fees you pay other people for verifying your crypto transaction. ETH gas fees are higher than SOLANA fees therefore making NFT transactions more expensive.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode, I speak with Carl Hua, General Manager and Chief Architect of CelciusX about their DeFi launch at https://celsiusx.network/Guest:Carl Hua, General Manager and Chief Architect of CelciusXFor developer applications to CelciusX: email x@celsius.networkHosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Unedited Transcript:Hey everybody happy Tuesday. My name is Joe Dewitt and this is the crypto breakdown. And today I have a special guest GM and chief architect over at CelsiusX Carl Hua. How are you doing, man?Carl: Good. Good. Thanks for inviting me here. Q: absolutely. We're glad you're happy here. Carl, if you wanted to just give a quick rundown of CelsiusX to those out there, listening that are unaware of the platform and want to learn a little bit more.Carl: So before I go into CelsiusX, Celsius itself is a digital asset platform where we perform various services to our users are primarily users are able to generate yield on. And Celsius X really is the defy arm of Celsius. We're our mission really is to build infrastructure into defy so that we're able to reduce the friction in which we onboard users entity.Q:And you mentioned that DeFi arm. What is that?Carl: DeFi stands for decentralized finance today where track five, which are the banks that provide day-to-day sir financial services to the general public, in a web decentralist decentralized finance, which lives on the blockchain. The entire infrastructure is essentially decentralized. There is no centralized entity to control the flow of money. People transact with each other using something called smart contract, which is essentially programs that run on the blockchain and the are various protocols and programs been built on the blockchain to allow financial services to be.Q: So I'm aware that you guys have an upcoming launch for the DeFi arm. If you want to go ahead and talk about,Carl: So the initial two product offering CelsiusX is launching with our one liquidity bridge and then two, the initial set of wrapped tokens that we'll be launching with the liquidity bridge. So how this will work is really today. There are many blockchains out there. They don't need to operate. They don't really talk to each other. So assuming that you have assets on one blockchain it's rather difficult for you to move from one blockchain to another blockchain, right? There are some very primitive bridges have been built, but the overall security and usability.Is simply not good enough  for the community. So Celsius X is launching it, liquidity bridge, leveraging the entire infrastructure of Celsius, and we would allow users to deposit and withdraw native token. And the coins on one blockchain and allow them to withdraw on polygon so that people can actually move across various blockchain.Q:And when is that launching?Carl: We are launching this on February 22nd now, us to start, and we are looking to bring us into the ecosystem as well as we. Do additional testing, how many active users does the Celsius X network have? So for us, we have more than 1 million users today in the crypto industry. It's significant. We look to expand our user base over time.Q: And so Carl, how is the CelsiusX. Liquidity bridge going to be a little bit different than some of the other options out there.Carl: Yes. So if you look at this industry today, especially in the bridging ecosystem, they're largely decentralized, meaning they're actually knows no single party that's controlling the fund. Some of the decentralization is questionable, right. And that has been a couple of hacks in the past. And I anticipate more in the more bridges will be. So we generally believe that institutional adoption is inevitable. And I just don't see a way that given the current state of the decentralized bridges, that we will be able to attract institutional players into the field. Our liquidity bridge is eventually we'll go into the decentralization process, but initially we'll start with the centralized bridge, which is controlled by the Celsius backend secured by our custodian, which is fire blocks. They've been great to work with. So security is. A top concern for entities like Celsius. When we mechanize this type of framework, the other side of the thing is that there are other wrapped token offerings in this industry, though. They're not really retail friendly, right? Meaning that they've wrapped the Tokyo. For the projects or institutions. And if you're a retail and you get ahold of these Ratto case, there's not an easy way for you to go back to the native form.With that said our Celsius X offering really is geared towards not only institutions as well. We're also looking to penetrate the retail market. So for our wrap token, you're able to deposit withdraw at any given time. So it's real time redemption in. We also have stale. Transparency and accountability.What that means is that we're actually integrating with a decentralized Oracle services, such as chain link to prove that we're actually one-to-one back, we're not as not depositing the coin somewhere in telling you, Hey, it's. With our custodian, right? We're actually pointing the decentralized Oracle prover reserve service into our wallet or a decentralized vault, depending on the architecture and the types of tokens we're wrapping in.We're broadcasting that to the target, blockchain that. We'll be maintaining the tokens.  At any given time you're able to audit us and we're not the person that's providing the audit, it's link. They have more than a hundred billion dollars secured. So it's a very proven system to show transparency.And not only that we have deeply integrated. Hoover reserve into our smart contracts, which will be maintaining the tokens and the we're doing a hard deadline check. If we're at we're not properly, collaterized Celsius is not going to be able to mend the toolkits. So this way we're establishing accountability as well as transparency and all that data is publicly available on our websites.Q: That's awesome to Hear that you guys are using chain-link Oracles. That's super interesting. Just essentially simplifying the whole process too.Carl: For everyday users be able to bridge on bridge and wrap and unwrap their tokens. Initially it will be centralized in we'll over time. Decentralization is more multi-dimensional effort, right? And over time we'll decentralize. And we're also teaming up with chain-link to utilize their decentralized protocol called the us CCIP in the future to be able to do. Mechanized this entire infrastructure in a decentralized fashion. So essentially we'll have two concurrent roadmap, right? One's decentralization.And the other ones aggressively expand our offerings through our existing infrastructure.Q: Is there a place for individuals out there who want to check out the bridging platform when it launches? Is there a place to go to find it or is it just the CelsiusX websiteCarl: So there's two places for the actual wrapping and unwrapping. Please go to the Celsius website. There's a web app. We're not enabling mobile app on day one, but the web app allows you for bridging for additional information on the actual technology. Our roadmap, you can go on https://celsiusx.network/  We have the comprehensive documentation on there. The transparency report, as well as the real-time collateralization ratio is all listed on the website as well.Q:So as you guys look to expand the Celsius network, are you looking to onboard any new developers or expand your teamCarl: Yes. Thank you, Joe, for asking this. developers, these days are extremely hard to onboard. They're almost like exotic animals.  We have a dedicated email for those of you, those developers that would like to join us.And that email is X the letter, just one letter x@celsius.network. And that will be reading these emails myself. So we have a very good pipeline there. So please don't hesitate to reach.Q: I also got a quick personal question for you. Of course, I had the connect on LinkedIn. I saw that you were a flight software engineer.I was just wondering how you went from aerospace over to DeFi?Carl: I started my career in the aerospace industry and then quickly transitioned that to the spacing. That's true. Working for JPL NASA out of a Pasadena. It was a very interesting career path though. I. Brought into the blockchain world.When the original Bitcoin white paper was published, frat, that was 2009. I downloaded a copy on the Bitcoin talk forum. And ever since it's being, there's just a voice in my head. Hey Carl, like probably you want to do something there took me a while, as you can see, I didn't really transition until 2017.There was not really a trigger except for the fact that. I lost 95% of my portfolio backing the crash in late 2017. And I just doubled down because I I believed in this and that one day I just woke up and said, this is it. So I moved from California to New York to join a first layer of blockchain first layer.Meaning there, there are multiple layers layer, one, the startup, and the rest is historyQ: For those of you listening out there that want to go check out their website, https://celsiusx.network/. Make sure to go give it a look, Carl, thank you so much for being on the show . That about wraps it up. That's all the time we have for today, guys.Thank you so much for tuning in Carl. You were a fabulous guest. I want to thank you again for coming on the show and talking to us.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Today I talk about different options of mining your own crypto and the most profitable method out of them. I also recommend pools to use to mine ETH and Bitcoin.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I explain what is happening with Luna and do a Technical Analysis of Bitcoin, Ethereum, and Dogecoin for possible price scenarios.Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

BENZINGA GLOBAL SHOWCASE FOR SMALL CAP INVESTINGDOMINATE IN AVOLATILE MARKETDECEMBER 8-9, 2021 Register Here For FREEEpisode SummaryOn this episode for Crypto Breakdown host Joe Dewitt ranks the crypto assets that are popular for gift giving in the holiday season.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Today I talk about two of the biggest Play to Earn DEFI Games and their coins STAR ATLAS and Axie Infinity.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I compare Solana to Ethereum, talk about their NFT projects as well as their future plans.Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

BENZINGA GLOBAL SHOWCASE FOR SMALL CAP INVESTINGDOMINATE IN AVOLATILE MARKETDECEMBER 8-9, 2021 Register Here For FREEEpisode SummaryOn this episode for Crypto Breakdown host Joe Dewitt ranks the crypto assets that are popular for gift giving in the holiday season.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript: Good morning, everyone. Happy Wednesday. My name is Joe Dewitt and this is the crypto breakdown. Jumping straight into it. Taking a look over.Bitcoin price is struggling to regain after this massive dump over the weekend, Bitcoin currently down a three and a half percent on the day, and it looks like prices falling back towards that 200 day. Moving average, ideally, here for Bitcoin price gets a reversal off of this 200 day. 46,000 and gains a little bit of buying pressure and momentum and the upwards direction.So we can get back towards all time highs on the bear stance. If price gets rejected from this 200 day moving average. So ideally we will not be falling below that 40,000, maybe 41, but worst case, we may see a correction down to there. One thing I do like to mention is the relative strength index, which I've mentioned before, which is indicating if something.Overbought or oversold is very low right now sitting in about 27%, which means that Bitcoin would be considered oversold. Taking a look over at Ethereum. Ethereum is down 1% on the day. Price has formed a doji, which if you were unfamiliar with the Doshi, it is one price action opens and closes at the same price, which indicates a lot of struggle. In price range, it means that people are struggling to move the price. Price has evaluated where it is now. And this doji is formed right below the 4,300 resistance, which is a strong resistance level of flipped support. We've used many times, which is now currently being used as resistance.And it looks like price got just rejected from it and is slowly moving down towards this 3000 support level for a theorem, looking at the daily chart. My educated guess would be. Descending triangle breakout here. It does look like we are forming a little bit of a wedge. If price actually continues to fall down towards that 3,900 support and holds that level it looks like we would be in a strong position for a breakout in the uppers direction.And personally, I do not see a bear stance on Ethereum right now, considering that a few days ago with that insanely massive dump. Ethereum was reclaimed all in the same day, which is absolutely ridiculous that candlestick the wick of the candle stick is absolutely massive meaning that people sold and bought it all up within the same 24 hours, which was a very bull sign, meaning that bulls are in control of the market.So keep an eye on a theorem, as it looks to push above this 4,400. And we're going to take a look over at MADEC, which is the polygon. This is a side chain for scaling Ethereum transactions, and it actually looks great to considering other coins like Bitcoin and the dump that just happened. MADEC has actually been pumping here and it has actually flipped a crucial resistance to support and it's tested it three days in a row.MADEC is up 4% this morning and it just looks absolutely fantastic. I wanted to mention it because it broke a a previous local all-time high, not, it's not as all time high completely, but it's local. From the last couple of. And it has been accumulating higher lows as well as higher highs, which is an book, a very nice indication of an upwards trend, but flipping this resistance as supports and using it a few days shows how strong it is and if we could get.Bouncing off of there into the $3 for dollar range. Definitely worth keep your eyes on MADEC as I could definitely see it, gaining some buying pressure. And today, guys, I'm going to break down this little block five survey that found one in 10 Americans are willing to gift crypto for the holidays.So within the study they found only 2% of Americans are actually interested in receiving NFTs as a gift where less than one in four Americans actually know how to give crypto as a. Whether that be forming a private wallet and gifting it or sending it to a loved one's wallet just in general. One in four Americans don't know how to actually gift it. Not quite coming out of surprise. Gen Z is twice as likely than other generations to give away. Crypto as a gift seems fairly predictable that the generation using it the most would use it as a gift here as well as men are twice as likely to give crypto as a gift, then.This also may not come as a surprise being Bitcoin is the number one crypto choice for the holiday gift with dojo and Ethereum ranking second and third. But which is interesting is that millennials and gen Zs actually want doge coin instead of Ethereum, which is what I thought was interesting. And this.People are looking for more meme coins rather than utility fundamental coins, which I think is very interesting. And I think we'll see a little bit of a mind shift over the next few months. As people start to allocate towards more useful utility tokens projects, that's all the time we have today.Guys. Thank you so much for tuning. You can fall and subscribe to our podcasts and follow me on Twitter, which will all be in the description below. Have a great daySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

TODAY BENZINGA GLOBAL FINTECH AWARDSWatch Here LIVEEpisode SummaryToday On Crypto Daily:Huge All Time High Levels for BitcoinWhere does Bitcoin go from here?Discord CEO teases Ethereum integration#BTC, #ETH, #DOGEQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody. Happy Tuesday. My name is Joe Dewitt and this has Benzinga crypto daily. Taking a look over at Bitcoin we're up three and a half percent today sitting in about 67,800.And Bitcoin has established new all time highs. This is huge. Just previously breaking out of that resistance level of about 65,000, where our previous, all time high was ideally after this little breakout price, retest that resistance level that we flipped to support. And then bounce off of there to continue trending with that 50 day moving average and the upwards direction and taking a look over at a theorem discord as CEO teases integration with meta mask, a popular wallet on the Ethereum network, taking a look over at a theory and price action.A theorem is also reaching all time highs. We were sitting at 2% up today at a price of 4,800 dirham continues to gain momentum and move farther away from that 50 day. Moving average. Keep in mind guys, the farther we move away from that moving average, eventually it will be time to retest, but for the short-term to mid-term, this is very, very bullish for Ethereum.As we've been establishing higher lows here since July and taking a look over at doge coin, doge coin is looking good. It looks like it's going to solidify its uptrend. We have about three higher lows here since the end of September. Those point looks like it is about to break out of a little bit of consolidation here and move above that 200 day.Moving average. If price can get that momentum. Bit of volume here to push above that moving average, we can see price up to 30, 35 cents. And today, guys, I want to discuss, is this a pivotal point for Bitcoin, given the technical analysis of the daily chart and general market sentiment behind Bitcoin? This is absolutely pivotal.As we have broken all time highs, we've been establishing a higher lows since July and that point of breaking all time. Highs is definitely very pivotal for prices. That means that there is no resistance target here. Price is completely undiscovered and price action is more prone to breaking out as there's minimal support and resistance here in these zones, given the volume coming in the current macro trend of higher lows and the reason breakout of all time.It would not be surprising at all to see price within the 80,000 -90,000 rained within the next few months that is given that volume continues to come in and institutional investors continue to buy Bitcoin. Best outcome we could have here would be to continue our higher, low trend, see price climb about 15, 20%, and then consolidate for a week or two for people to establish price before breaking out again.And that's all the time we have for today. Guys, thank you so much for tuning in, make sure to follow and subscribe to our podcast. You can follow me on Twitter, which will all be in the script. I have a nice day. Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Today I talk about historical sell- off's in Bitcoin and what they teach about where Bitcoin may be headed next. I also talk about how to mitigate your crypto losses and some tips on using crypto losses as tax write-offs.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Hey, everybody happy Monday. Hope you had a nice weekend. My name is Joe Dewitt, and this is the crypto breakdown considering, and has not been the greatest week for crypto. We're going to talk a bit about how to manage your crypto losses and some historical selloffs. Over at previous crypto cycles. We will take a look at Bitcoin because it is clearly the market indicator.So in 2013 price surge up to about $1,000, which quickly fell off into a consolidation period in February. And that consolidation was about years up into March of 2017, where we started entering the bullish rally, which got us up to an all time high. I have about 19,500 and that price quickly fell off into a consolidation period, which would be on the consolidation of the 20 18, 20, 19 and 2020, then right after the COVID crash in March of 2020 Bitcoin started to surge after the following months, which reached an all-time high of 64,000.Now, after this all-time high of 64,000 Bitcoin fell off, and then it actually climbed again and. To another all-time high of 69,000. And now we're at the point where we have fallen into a consolidation period. And if history does repeat itself, it may look like this could be a year long consolidation, period.If not years, the next following weeks are going to be crucial for Bitcoin. As it's going to determine the future of its cycle. It is not for certain that we are in a bear market yet, but historically, after all time highs are reached, there is that. Went into a consolidation phase and Bitcoin has just reached an all time high and it started to fall off.So historically we would think that this could be a consolidation period. Although if Bitcoin does fall below its 29,000 level of support, then I do think it will be safe to say now we are entering a. Fair market. So the first part about managing your crypto losses, I would like to talk about would be to set clear goals.Now, what I mean by setting clear goals is to essentially come up with a trading plan before you start your position. So whether you're going to be doing a Swain trade, whether you're going to be holding for the long-term as well as assessing your risk tolerance. So I like to say never invest more than you can afford to lose.So this is something you will have to set for yourself on how much you are comfortable losing. Because at the end of the day, we are investing in very volatile assets. And we do not know when price can fall as drastically as it did. So having a clear goal and trading strategy is very. And just to make sure to follow it is also just as important.Another aspect of managing your crypto losses. I would like to talk about would be how you can actually use your crypto losses as a tax write-off. So you can offset your capital gains with the losses from crypto. Another aspect I want to talk about with managing your crypto losses is how you can actually use your crypto loss as a tackle.So you can offset your capital gains as well as $3,000 of personal income with your crypto. Losses does help if you are in a sticky situation or if you have made a bit of income and you're looking to offset that with some of these losses that is huge to make that crypto hit not as bad as it could have been.And finally, the last little piece I want to talk about managing your losses would be don't fall prey, a phone. Which is fear of missing out. This is one of the bigger phenomenons and the space, and it is just the idea of groups of people having the fear of missing a project. So they essentially go all in minimal research, hoping that this is going to be the next 10 X coin.It's just a really sticky situation. And I would recommend absolutely do not do that. If you were. Feeling that you may have missed out on something and that you ended that it may be too late for you to invest, take it with a grain of salt, step back, do some research, and actually think about why you are feeling that way.And after your research has concluded, if it truly is too late for you to enter that project, then just keep an eye out for the next one. Never ever force a position. When you force positions is one, you are more bound to lose. And one last tip would be to  diversify. I always say this.Always make sure to diversify your positions. If you want to invest $5,000 into crypto, do not invest $5,000 into Bitcoin. Invest a thousand. Then you can invest a thousand and to another. 502, another 502 another and so on and so forth. Five diversifying you're mitigating the losses that you would be receiving on a certain coin.So it is pretty self-explanatory, although it is such a huge aspect of trading that many people overlook that really helps offset some of your losses. So definitely keep that in mind and that's all the time we have for today. Guys. Thank you so much for tuning in. You can follow, subscribe to our podcast, which will all be in the description.Have a great day Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Today LIVE FROM NEW YORK! BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.Watch hereEpisode SummaryOn today's Crypto Daily we look at key support and resistance levels for the following coins:BitcoinEthereumSolanaChainlinkAXSDogecoinShiba InuHosts:Joe Dewitt joedewitt@benzinga.comCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelAlso listen to the Moon or Bust Podcast Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited TranscriptHope you're having a wonderful Thursday morning. My name is Joe Dewitt, and thanks for listening to Crypto Daily.We're going to go ahead and get started off with Bitcoin here. Bitcoin has been making. Fabulous run. It looks like prices starting to finally move. We just tested a previous support level of 42,000 and we are targeted at 58,000. Now this resistance level of 58 is very key to us. We tested that all the way back in February.Tested it again in March, and then we tested it a third time and may, um, that is going to be a very strong resistance level for us. If we can get up above that resistance level, I would expect us to a battle for our all time high of around 65,000. Um, we will be consolidating in that zone for quite some time.If we get there, if we get rejected from this 58,000, I would expect us to come back down to a 42 and consolidate somewhere in that. Moving over to a theory from a layer two solution, Aurora raised $12 million in Davy funding to scale the Ethereum ecosystem regarding price. We just touched a support of $3,300.Um, our target right now, we are in a zone of that 3,200. To our all time, high of $4,300, we are moving away from that to a target of our all time high of just about 4,370. This is our all time high. So within this zone, we can expect to see some consolidation. Our target is going to be that 4,300. Although if that gets rejected, we're going to be coming back down to this 3,200.Moving on over to Solona FTX, U S launches, a marketplace for trading salon based NFTs price. That action is sitting in about $154. We're currently sitting on that 50 day SMA, which is simple moving average guys. Um, we've been touching that for about four days. Now, if we can bounce off of that moving average, I would expect our target to bounce into that $200 range, maybe testing our all time high of around 215.Um, if we fall below that simple moving average, we'll be going to the 200 day moving average, putting us at about $65. Um, that'll be a good time for some consolidation and see where we go from there. But yeah, those are our price targets for Salana. Next up, we're going to talk about Shane link. If you're not familiar with what chain-link is, it is a decentralized Oracle.So, what that means is they provide data feeds for blockchains. So blockchains are not actually able to retrieve any information or any data. So they use Oracle networks to retrieve information chain link is currently sitting at about $27. Um, it has had a very, very long level of support, um, that is going to bring it down to about $20.It is currently targeted towards that support. Um, it's been breaking down for a number of weeks. Um, after touching out expected to touch this level of support around 20 bounce up to this $33 range. And if it breaks below that line of $20 for the first time in a few years, actually, then that'll be a, a, a bear sign for link there, moving on over to AXS access.For those that are not familiar is the governance token for ACCE infinity, actually infinity being the largest decentralized play to earn game in the world currently hosted on the Ethereum network. Uh, price action is sitting at about $126. We just had a very large breakout recently, primarily due to their sticky mechanism, being released.They launched their staking pool, which offered at the time about 280% APR, which is absolutely ridiculous for those that are versed in staking pools. Since then, it has fallen to about right now, I believe 130% of. Which is still incredibly high. We will definitely expect that to come down quite a bit, but for the time being 130% APR had a lot of people excited.So price action was moving. We saw a jump from $74, 240 and a matter of three days. So that was a very, very large jump we've been consolidating for about a week. Now, our target is pretty much touching this support of $97. That is a resistance flip support guys. So this was a previous, all time high before that run of just about $95.And we're that resistance has now flipped to support. We will be touching that. If we bounce off that and use that as a strong level of support, we will be up to our all time high, a 1 61, touching that 1 61 and balancing between that zone. Um, I would expect us to bounce off of that 97 level into the upwards direction and continue consolidating.If we fall below that 97 level, it'll be two $75. And then hopefully a bounce from there. Now, taking a look over at doge coin price, currently sitting at 23 cents with a next target of 15 cents as the support. Um, we bounced off of our resistance in August, which would be 35 cents. And we've been heading in the downwards direction.Um, this zone has been a pretty strong zone for us. We've had it back since June. Um, we also did get below the 50 day moving average, which is not the greatest sign. So if we can get back above that moving average, that would be a good sign. Getting it out of that consolidation. If we continue to fall below the 50 day moving average, I would expect us, like I said, a Tufts that 15 cent mark, and then bounce back from there.All right. Moving on over to Sheba knew Sheba knew has been consulting for a number of months. Now, just recently entering its breakout. It had an all time high of 0.0, zero. Three five. Um, we're touching down a little bit below that to its previous resistance of three one. Um, we'll be bouncing in that zone back and forth before breakout in the upwards direction on less.It touches that 0.00002 level, which will really, um, be trouble as it'll break below that and get back into consolidation range. So depending on which way it breaks out of that zone, we'll be able to tell. As soon enough there you have it guys. Those are my handful of cryptos for this morning. If anyone has, um, a crypto that they'd like me to take a look at, please feel free to email me at joedewittatbenzinga.com.I would love to give those a look and give a little analysis on that. So thanks for listening.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I talk about some NFT projects that have launched or will be launching in Q2 2022 that are worth keeping an eye on. Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I do a Technical Analysis of Bitcoin, Ethereum, and Dogecoin for possible price scenarios.Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I talk with Co-founder and COO of Coinrule.BZ: What is Coinrule?O: Coinrule helps investors to build automated trading strategies for cryptocurrencies. So you use an if this then this logic o build strategies through CoinRule, which then run on your exchanges, like Coinbase, Binance and so on.You can think of it as we give your crypto exchange account superpowers.BZ: Are you able to actually make your own indicators or do you have a template of ones that you guys have made or a mix of both?O:It's totally a mix of both. So there are a lot of pre-made templates, which you can use, but you can also add them or you can test them on the demo exchange, so you can just see how they perform. But then also you can use indicators that are already available on the platform. Like moving coverage is relative strength, index, and many others.And also you can connect to trading view and then run any script on trading view and connected to coin grow, which then will execute your strategy.BZ:For any listeners out there that may be unaware on like how automated trading may be able to help them with their daily trading experience what are some, benefits of actually trading bonds or any automated crypto trading?Sure. Think about it this way. First of all, the market doesn't sleep, right? It's 24 7 open. There's no way for us in individual trade there to keep up with that automated trading strategy to protect you, but also catch market opportunities when you are sleeping. You have the other benefit is that even if you are sitting in front of your chart and trading, there's no chance that you'll be able to keep track of, five, six different trend indicators in the same time. Whereas coin rule can easily do that for you.BZ: Moving over to some future plans does Coinrule plan to ICO or release any sort of utility token in the future?O: So the short answer is no, because it just doesn't make sense for us. Like we don't want to just like launch in another, useless token for no good reason. What we are doing case we are experimenting with decentralized finance. So we have built a small proof of concept on Solana at the moment. So our users will be able, ready to start testing that.BZ: Is there a release date for that?O: it's invite only at the moment.BZ: Do you guys have any plans moving into any sort of like automated NFT trading platforms where traders can buy and sell and NFTs ?O: That's a really interesting question because we would, in theory, we would love to do that. It's just much more complex because the way, because of the way, how NFTs are traded on platforms like OpenSea. So at the moment, that's not really an option. But then already today, some NFTs are getting tokenized. So you get basically tradable tokens that represent in NFT. And if those are listed on an exchange, you can trade them through coinrule already.BZ:Does Coinrule have any sort of a leveraged trading or any sort of strategies for people that want to do any sort of leverage? Yeah, absolutely.You can already trade through Coinrule on Binance futures in BitMEX. So you can build automated trading strategies for leverage. In fact, one of our absolute top performing templates has been the Heikenashi indicator which is the leverage trading strategy that, that kind of looks at average candle bars.And it's made over 70% return in the last month or so, which as the market being a bit sketchy, that's been a top performer.BZ:I want to pick your brain on what you think just generally about decentralized finance.O: I think in a way, maybe we're thinking about it wrong because the DEFI stuff out there today, the UNISWAPS,etc. Like they will never be used by like normal people. They like, that's just not going to happen. Yeah. Ideally will happen at some point is that, banks and other providers will use them in the backend.And then, the normal people will have their extremely easy front-end application, but that gives them access to, seven, 8% returns rather than 0.1% returns. That's for me, the best possible world. At the same time we do keep the openness and the permission business of it, which means that still anyone can just go out and hack stuff on.They can build stuff on it. And if it takes off, you can easily plug and play, integrate the different, protocols and platforms with each other. And those front-end providers will be able to use them to then give more and more. Effectively, it returns in yields to like normal people who just would just want to be able to supplement their income with, some form of passive income.That's the ideal case to onboard new users. Think about it this way. How many people create YouTube videos versus how many people watch YouTube videos?BZ: Where do you see the future of NFTs as we're just scratching the surface? O: We're not quite getting into the actual applications of these non fungible tokens. So do you think it's more, it'll fizzle out or do you actually see a real a real utility here with. So I think we are just scratching the surface in terms of what's actually possible with NFT sets of technology.So a lot of people think of NFTs as it's like this picture of the ape, and obviously that's like culture is an incredibly useful use case. There'll be so many, things and it will integrate with Instagram and all this stuff. So th that will definitely play a big role.What's also really interesting for me is NFT technology. So like NFTs that would present a unique identity. And if these that represent your credit score, maybe NFTs that represent your wallet, which then other people can, copy trait. So like you can just create your own, ETF fund through your wallet that then other users follow.Or through this NFT, like there are many ways and we're just really getting started here, it's so cool. And I think really also with the whole just the entire blockchain ledger and having an actual proof of ownership, I think behind the, in the backend of NFTs, I think that is so important.Most even traders haven't really grasped the fact of that actual proof of ownership. We haven't had anything like it before that's actually verified on a ledger. There's so many use cases. It's almost endless. Absolutely. Like another analogy I like to use here is like when the internet was really starting to go mainstream in the nineties, not like even the idea of like smartphone.What's not the thing let's say we're talking, not that far out, that's like 10, 15 years south. But no one would have predicted the iPhone. So imagine what's going to be in like 10, 15 years, what people will be building with this. Yeah, no, I'm excited and it's going to be crazy.BZ: So how did you get involved with DEFI?O: I was working in banking until 2016 in the concept of private currencies, macroeconomics. I had written my master's thesis in sovereign debt, private creditors, that sort of thing. So crypto was for me a very natural extension, but I was really busy in banking. I had no time to actually engage with it. I left banking started my first startup and at the same time started really getting into crypto.And I met my co-founders and my interest just really snowballed from there. And at some point I was so deep in the rabbit hole, like I just started to, live and breathe crypto and here I am.Guest:Oleg GibersteinCo-Founder & COO of CoinruleHosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

BENZINGA GLOBAL FINTECH AWARDSRegister Here Now for November 9 2021Episode SummaryToday On Crypto Daily:Dogecoin breaks out!Ethereum has plenty of room to rallyCoins that saw 50% gains in the past week #BTC, #ETH, #DOGE, #LRC, #CROQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey, everybody hope you had a wonderful weekend. My name is Joe Dewitt, and this has been Zynga's crypto daily. Taking a look over at Bitcoin guys.This was an absolutely amazing weekend. We were up 6% today for Bitcoin price, decided to rally and break out of that consolidated. Heading back towards that 65,000. There's currently a good one. A volume coming in momentum is upwards trending. We're moving away from that 50 day. Moving average. This is looking like a prime breakout for Bitcoin.If we can get above this previous, all time high of just about 66,800. That would be a very bullish sign for Bitcoin. Moving over to a theory of Ethereum also looks absolutely fantastic. Ethereum is up two and a half percent today, although its daily chart is looking amazing. It has been, uptrending a sense to beginning of October.We're moving away from that 50 day, moving average, establishing new all time highs every day. There is a lot of breakout room for a theory I'm here. Um, considering that they have not yet rolled out theorem 2.0, there is still plenty of room for growth. We can expect a little bit of sideways movement in the upwards direction as we start heading towards that unveil.But with the release of 2.0 and the implement of staking on the Ethereum network, that should absolutely drive up price. Now, moving over to a dose coin, doge coin is also starting to break out of its downwards consolidation. We have a nice green volume node today. Getting some volume coming in, people were deciding to buy at those point up 6% today.Headed towards that 30 cent price target. If dos coin can break above this 50 day moving average. 28.50 cents within the next few days here, that would be a very nice sign for dose coin and price would most likely continue heading up towards that 35 47 zone price continues to break down and we'll be falling towards that 50 day.Moving average, putting price somewhere over at the 22 cent area. And today, guys, I'm going to talk about a few coins that had over 50% gains last week. The first crypto being Lupron, ticker LRC. Which is designed for building decentralized cryptocurrency exchanges rose 127% last week. The second coin being crypto.com coin ticker, C R O, which is the native token for crypto.com, which is a decentralized open-source blockchain, crypto.com coin.It rose 79%. Over the last week. They also reached an all-time high at 40 cents. Last. And the last one I want to talk about today would be helium, ticker, H N T, which is another decentralized blockchain based network, which rose 57% in the last week. This Helion growth was due to a partnership announcement with 5g.They're going to build 5g networks with additional work corporation, which is super cool partnership for them. So keep an eye out for that integration. Is that. Lead to more upwards momentum. That's all the time we have for today. Guys. Thank you so much for tuning in, make sure to follow and subscribe to our podcast.And you can follow me on Twitter.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryHey everybody. My name is Joe Dewitt, and This is Crypto Daily, Benzinga's newest podcast where I'll be bringing you updates on all your favorite cryptos Monday through Friday morning. I'll be getting you caught up on everything you need to know regarding crypto, any relevant news, anything that you missed, don't worry about it.We'll cover all that good stuff in the morning before we go out and start trading besides news, we're going to talk about a better price. I really think it's important to take a look at technical and momentum. See when volumes coming in resistance level of support levels.Obviously these are all things that are going to give us realistic price targets, and ultimately that is going to make us better investors and better traders. Hopefully at the end of the day, that is everyone's goal because these are the little things, the little steps along the way that will help us get there.You can expect me to break down a handful of relevant cryptos. If you ever want me to take a look at a specific crypto and break it down, whether it has interesting price movement, or it's an interesting project, don't hesitate to ask, just shoot me an email joedewitt@benzinga.com.Hosts:Joe Dewitt Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Today I talk about Twitter's New NFT verification update - what this means for the future of NFTs.Is It Too Late To Buy NFTs? With Twitter's verification, I explain why NFT investments are just starting and how you should go about investing in NFTs.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Hey everybody happy Friday. My name is Joe Dewitt, and this is the crypto breakdown today. I'm going to discuss if it's too late to purchase your first NFT. Now yesterday, Twitter released the beta for their profile picture and FTA verification. As of now, this is only available for Twitter blue users, although it should be available to all Twitter users and the following.Now what this does is attach the ether scan link, which is the blockchain essentially search. And it allows users to check the authenticity of each NFT. Now, this is super cool that this has been added so soon and the development of web three, and this is really important because it changes the culture behind.Screenshotting and right click and save NFTs. There is a huge following of people in the space that believed that NFTs are essentially valueless and that they could just be stolen with a simple right click and save or a screenshot. And this is obviously not the case as they're all backed by tokens on the blockchain. With this new Twitter update, people are now able to check the blockchain and see which collection their pieces are a part of. And this will help determine if it is a real piece or not now with these new additions of NFTE profile pictures and all the recent talk of NFTs. I'm sure people are wondering, is it too late to purchase their first NFT?And what I would say to that is absolutely not. There are many collections out there now you may not be able to afford the top blue-chip NFT projects, which are. Pushing 30, 40, 50 Ethereum. As these are very exclusive projects, I'm talking a board ape yacht club and crypto punks, maybe doodles.Although besides these projects, there are many alternatives that are great for new investors. One thing to consider too is how new the NFT industry is. These have only been around for a couple of years and only really been popular for the last year. Now, imagine a few years down the road. All these projects that are made now or not even created yet what the potential they could have.And it's also very important to consider that NFTs will have more utility down the road. It won't always be as simple as a JPEG file being attached to a actual token on the block. It could be used for any point of sale payments, any sort of inventory, most things in the real world that need a ledger could be built on a blockchain, making it more secure and transparent for other people out there.Now for the immediate time being the NFT market is pretty saturated here on. We are seeing a flood of new. Every single day, whether it's a theory, I'm Solano or the avalanche network. So it is very hard to determine which NFT project is the best. And what I would recommend is honestly purchasing a project that you will find the most value in personally, it is very tricky to look at a project and go for a straight.What I would recommend is find something that has good volume and something that you truly appreciate, and that you really like, because later down the road, you are hoping that someone is going to like it as much as you do. And at the end of the day, you would rather have a piece of art that you truly enjoy than just a piece of art you bought to sell.And that's all the time we have for today. Guys. Thank you so much for today. You could follow it, subscribe to our podcast, which will all be in the description below. Have a great weekend Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This is a replay of the episode that aired on January 3, 2022.Our host Joe Dewitt is out for the long weekend but will be back to continue on Tuesday! Happy Presidents' Day!Today On the Crypto Breakdown, host Joe Dewitt looks at the top coins to keep an eye on in 2022.Airdropped CoinsWhat are airdropped coins?Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I do a Technical Analysis of Bitcoin, Ethereum, and Dogecoin for possible price scenarios.ETH 2.0 Merge is just around the corner in Q2 2022. How will this affect ETH price?According to Ethereum.org The Merge will:Eventually the current Ethereum Mainnet will "merge" with the beacon chain proof-of-stake system.This will mark the end of proof-of-work for Ethereum, and the full transition to proof-of-stake.This is planned to precede the roll out of shard chains.We formerly referred to this as "the docking."Exchange-traded funds (ETFs) issuer ProShares has filed a registration statement with the United States Securities and Exchange Commission to list shares of a Short Bitcoin Strategy ETF.Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

BENZINGA GLOBAL SHOWCASE FOR SMALL CAP INVESTINGDOMINATE IN AVOLATILE MARKETDECEMBER 8-9, 2021 Register Here For FREEEpisode SummaryWhy Time in the markets beats timing the market.What is dollar cost averaging?On this episode of The Crypto Breakdown, host Joe Dewitt talks about how to apply the old saying Buy The Rumor Sell The News to crypto assets.Why Ethereum is more BULLISH than BitcoinThe end of Dogecoin as we know it?Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Happy Tuesday. My name is Joe Dewitt and this is the crypto breakdown. It has been a long weekend for Bitcoin. and for the following altcoins, everyone, I'm sure we are well aware.Let's get right into it. Taking a look over at Bitcoin fell to that 44,000 support that we mentioned in previous episodes. I've been talking about that 58,000 support on that Bitcoin was trading just below. It was weaving between for about a week here. And it's struggled to claim that 58,000.Again, it tested about three times on three different days, struggling to get above that crucial 58,000 level of results. Was a very bear sign here, which caused price to fall fell down pretty much to that. 42,000 a level of support here and quickly got bought up. And just the same day currently sitting at 50,000 Bitcoin is up 6% on the day and it looks like we're up trending in the right direction here.I will say, be careful of that 200 day moving average as price could continue to fall here. Ideally, since it did test. Port, we will be moving in the upwards direction. Although with a drop like this, you never be too sure. And there is also the possibility of continuing to fall back to that 44 for an ultimate retest, taking a look over at a theorem.Ethereum is up 8% on the day. Now Ethereum actually looks  really bullish here. Buyers are controlling the market. Essentially. This is a bullish market. People tried to dump off their Ethereum. Just quickly bought up this resistance here at 4,300 will be very crucial depending on what it does today or tomorrow.Getting above this resistance would be a very bullish confirmation and we will be pushing towards all time highs about that 4,800 failing to push above this. The resistance level would be ultimately a little bit bearish and would continue to correct down towards that 3,500 now doge coin. I don't say I love to see it, but this is exactly what I've been mentioning for about a week.Now. We were struggling to get above that 50 day and 200 day moving average. We got wedged between for about two weeks here, bouncing between the two and the second that we dropped below both of the 50 day and 200 day moving average. I said, Thursday that we were going to drop down to that 15 cent mark for the bear stance.We're going to fall down to that 15% mark. And that is exactly where we fell and held the support. Although price did drop down to about 12 cents here on dose coin, which was absolutely ridiculous. I'm not going to say I'm surprised here, but holding this. Is actually great. It was a previous strong level of support at about 15 and a half 16 cents.Now doge coin absolutely needs to hold this. If it falls below, that is going to be a  very bare sign for doge coin. Falling below that support level would put us at a price which was pre bull run for this current market cycle and dropping below giving us a target of about 10 cents, which would be pretty hard to climb out of considering we'd have that strong resistance at 15.Which is currently support which would flip resistance. Now, guys, I'm going to talk a little bit about how to trade the Bitcoin dip in times like this. So if you've been around in the podcasts and things you've heard me say is time in the market, beats timing, the market. And what I mean by that is trying not to get too caught up on how low price can go when you want to buy.Of course, everyone wants to buy Bitcoin at. Of a price as possible, but keep in mind when you were looking to get in as low as possible, you are not always going to succeed. And most of the time you are going to miss out on the opportunity unless you are a technical trader or very well-versed and technical analysis.It is going to be very hard to guess where the bottom is going to be. So in that case, I like to recommend dollar cost averaging, which dollar cost averaging just. It's simply buying portions of an asset at different times to average out the price that you were buying at. So instead of buying a thousand dollars of Bitcoin here at 50,000, you would do 200 here, maybe wait a few days, maybe get another 200, wait a few more days now for that example.Sure. There's a slight possibility that you've dollar costs and the upwards direction, meaning that you raise your average slightly higher. Although I would take. Over rewards, better safe than sorry, is always something to be appreciative of in this space. We can never be too greedy considering how volatile these assets are and just getting in and dollar cost averaging is some of the safest trading that you can do.Then at that point, waiting for price to go down, you will be able to get back. Another tip of advice I would like to give would be not focused too much on Bitcoin in the news, the saying goes, sell the news by the rumors. Meaning that mainstream news around assets is not necessarily always a good thing.It means that things tend to usually be overbought, which is why we saw the dip that we did. And the media, everything was switching over to Bitcoin. All these Bitcoin price predictions were coming for the new year and that ultimately put an evaluation on Bitcoin that was unrealistic and was over.Therefore leading to this dump here. Reclaiming here would be absolutely very bullish though, which we've already discussed, essentially just diversify. What media you are consuming when it comes to these assets. That's all the time we have today. Guys. Thank you so much for today. You can follow and subscribe to our podcast, which will all be in the description below.Have a great TuesdaySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode, I do technical analysis levels for Bitcoin, Ethereum and Dogecoin.Bitcoin is falling down to support level to $42k. This is a very significant level for Bitcoin.Ethereum looks like it's making its way back down to $2600.Dogecoin looks ready to run if it reclaims back to $0.15 but may hit resistance at $0.18. Keep an eye on that golden cross, which is the 25 DMA and 50 DMA.Check out Tuesday's TA episode.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody happy Thursday. My name is Joe Dewitt, and this is the crypto breakdown today. We're going to be looking at some technical analysis levels of Bitcoin, Ethereum and doge coin. First off with Bitcoin. Bitcoin is down at 3% today. And as we discussed Tuesday, it looks like Bitcoin price is falling down towards its support level of about 42,000 now.And as I mentioned in the last TA video, this is going to be a very crucial time for Bitcoin and following altcoins because. This support level here at 42 is a very strong signifier of if we will hold this uptrend, now we have accumulated higher lows. Essentially, what I'm looking for here is to get some higher highs.We need price to rally a bit up towards this resistance level of 44,000. Now price is falling towards that 25 day moving out. And if price falls below, it could be making its way towards his local floor target of about 34,000. Although it does seem slightly unlikely considering how fast Bitcoin moved out of that zone, as well as the relative strength index, indicating that it is 50% over.Personally, this does look like a good buying opportunity for Bitcoin. So it is definitely worth keeping an eye on Bitcoin. As some price may start to roll in soon. Taking a look over at Ethereum. Ethereum is following closely and Bitcoins footsteps. It's recent few weeks of price movement look very similar and similar to Bitcoin.We are also on a red candlestick today, down about two and a half. And the Ethereum is making its way back down towards 2,600, where it is currently at 3000. So as I mentioned, the 25 day moving average on a Bitcoin and we were just above, over on Ethereum here, we were actually below this 25 day moving average, making it slightly harder to reclaim. Above that price. So what we're looking here is for this candle state to get a bit of buying pressure. So it does not close below that 25 day moving average. Otherwise, if the stick does close below I'm, it looks like we will be falling down towards that 2,600 and then coming back up for a retest. Now the most likely scenario for Ethereum here is that it falls down towards this 2,600.It retests back up towards 3000 and gets a little bit of buying pressure. It's 50 day moving average at 3,500 and then experiences a little bit more resistance there. And finally looking at doge coin is also down two and a half percent today, not the greatest day for these three cryptos and it's red candlestick is falling down towards this 14 cent mark.So as I mentioned Tuesday, we have accumulated some lower highs as well as higher lows, giving it a nice squeeze potential for a little bit of upward momentum. Now dose does look ready to run. It has been building. This little bit of upwards momentum here and what we're looking for to see doge coin build some buying pressure would be to hop above this 25 day moving average at 15 and a half cents.So it has a cent and a half to reclaim getting above that level and closing a candlestick using it for support at about 15 and a half cents. And then pushing up towards 18 where we have resistance. Doge coin has really strong resistance at about it's actually more like 18 and a half. I could definitely see a target of 18 and a half cents in the near future.Although we'll have to see what happens in the short term, as we struggled to get above this 25 day moving average, it's important to take a look at that RSI two, as it's dropping down to about 40% oversold. And my final note on dose coin is to keep an eye on that golden cross, which was the 25 day moving average.And that 50 day moving average, they are getting pretty far in distance. And as the. It is used. You want to see them slightly closer together for a more stable price action. So definitely keep an eye on dose coin as price could definitely build some momentum and rally in the following months. And that's all the time we have for today.Guys. Thank you so much for tuning in. You can follow, subscribe to the podcast, which will all be in the scripts. Have a great daySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Cardano vs Ethereum. Today I talk about the long-term investment opportunities in Cardano and Ethereum.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryToday On Crypto Daily:Should You Buy Bitcoin? What the volume levels and RSI tells usSolana secures funding #BTC, #ETH, #SOL1Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript: My name is Joe Dewitt and this has been Zeno's crypto daily, jumping straight into it.Taking a look over at Bitcoin. Bitcoin is continuing to struggle to read. All time highs. Although I do like to see that the red volume nodes are actually much smaller than the green volume nodes indicating that there is more momentum in the buying direction than there is selling. This is a nice indication for Bitcoin as we should revisit those all time highs in a matter of no time, ideally breaking out of that consolidation within the week and taking a look over at a theorem.Ethereum is looking fantastic. And as I discussed yesterday, it is doing the best possible thing. Doing it is retouching down on the support level, um, which was previously the all-time high resistance, which now flipped support after we got above that level. If we can touch down on. Um, with a level of 4,380, and then bounce from there up into new all-time highs.That would be ideal. Although there could be a retest and we could fall below that putting price under 4,300. Now taking a look over at Solano, I want to talk about Selana today because the graph looks absolutely amazing and they just secured 21 million in funding to build their browser based blockchain games, taking a look over at the chart.Recently, it broke out of a nice little consolidation into a run here from about $200 up to 240. Um, Islam has had great momentum for about a month. Now. It's been riding that 50 day, moving average. It bounced off of that 50 day, moving average like textbook and right up to that all-time high level for a test price consolidated from there, and then broke out up into new all-time highs.Ideally, this will contest back down to that previous, ultimately. Flip just a port and we will bounce off there up into the $280 zone. And today, guys, I'm going to talk about, is this a bullish or bearish level for Bitcoin given market sentiment and momentum? Currently? I would say that this is absolutely a bullish point.Bitcoin. As I previously discussed, there are larger green volume nodes, meaning that there's more volume coming in on buying purchases and there are selling so more people want to be buying Bitcoin than selling. That is a great market sentiment. Our trends are looking great. We have higher lows established.The only concern I would have for a bearish trend is if Bitcoin price struggles to revisit all time highs and pre. Breaking down below that 58, but until then, momentum is fine and we are still uptrending up into new all time high territory. Also, we have a nice RSI indication of about 60% meaning 60% over bought and RSI just means relative straight index.So it is one of the most common indicators and technical trading, and it just evaluates the price of an. Relative to previous price. So it calculates if something is overbought or oversold. So we do have a little bit of room for correction, maybe a few thousand dollars down to 60 to 63,000, and then we should be looking fine right after there.That's all the time we have for today, guys. Thank you so much for tuning in, make sure to follow and subscribe to our podcast and follow me on Twitter, which will all be in the description. Have a great weekend quickly. I just want to say that this is not financial advice. I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Opera Unveils Beta Version Of Web 3.0-Focused 'Crypto Browser. Here is what it means.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I do a Technical Analysis of Bitcoin, Ethereum, and Dogecoin for possible price scenarios.Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:On Today's episode of Crypto Breakdown, I share some tips on how to earn passive income with Crypto.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Hey, everybody happy Tuesday. Hope you had a wonderful week. My name is Joe Dewitt, and this is the crypto breakdown. Today. I'm going to discuss a bit on how to earn some passive income and the crypto world. So the first method to earning some income that is probably the most popular would be staking.Now, if you're unfamiliar with consensus mechanisms, the two most popular are proof of work and proof of stake, proof of work, validates blockchain transactions. By using computing power. On the other hand, proof of stake are validators that have staked, some cryptocurrency and out of that pool are chosen to validate transactions and they are rewarded with a bit of crypto.So this makes a great alternative for those looking to diversify their investments and make a little bit of passive income. Some example of these staking mechanisms would be car Dano, polka dot. And Ethereum 2.0, when they finish unveiling, all of that, they have not yet introduced those staking mechanism, but they have teas that later this year it will be released.Another method would be a dividend earning tokens, which are very similar to stock dividends, where you receive a percentage of the tokens value in a dividend earning every so often throughout the year, changing it, depending on the coin, each coin has their own token Nomics and dividend earnings. If they have some example of this would be Q coin where holders receive a daily share.Uh, fees. Um, although they may be small, it is still earning passive income. Another option for earning passive income would be yield farming. Now yield farming means providing liquidity for a decentralized exchange. So something like unit swap or pancake swap, and essentially you put up a pair. So if you wanted to provide liquidity for Ethereum and USD tea, so the desired amount you wanted to put up, you would put half an Ethereum and half in USDA, and you are providing liquidity for.For that Dex pool and end reward, you will earn income based on the amount of transactions. So somewhat similar to staking, although instead of for verifying transaction, it is used to actually, um, transfer liquidity from different tokens. So the final way to earn passive income, I want to discuss would be how some NFT projects actually offer airdrop token.To holders of projects. So for example, hash mask, a very popular NFT project, um, by being a holder, you receive a 10 NCT a day, which means just by holding that piece of art, you are actually accumulating a token daily, which later down the road could turn to a very considerable passive thing. Now, there are many other NFP projects out there that do very similar token Nomics and provide a token for holders.Although this is just the example that came to my mind and it is really cool to see, um, how we are just starting to scratch the surface with these sources of passive income and airdrop tokens. As later down the road, when these have more utility, people are looking for more alternative ways to earn passive income.I think that these will, um, be very, very popular later. Keep in mind, all of these aspects together provide really strong opportunities for earning passive income, but on their own, they usually yield small percentage. Although on their own, they usually yield small percentages as if they did yield very high percentages.Um, everyone would do it and the rewards would not be as high that's all the time we have for today. Guys. I hope I answered some of your questions on how to earn some passive income and crypto have a great day.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryToday On Crypto Daily:When To Buy Ethereum? Bullish and Bearish Signs to watch for#BTC, #ETH, #DOGEQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody, happy Thursday. My name is Joe Dewitt and this has been Zynga. Is crypto. Bitcoin's network activity has rose to 1 million active users for the fifth day in a row.Taking a look over at Bitcoin price action. We are down 2%. This morning. Bitcoin has continued to consolidate sideways. It looks like people are getting hesitant to revisit those all time high. Although Bitcoin sentiment is very strong. We should see a revisit towards that 64,000 and no time. Although if people continue to be hesitant and price continues to consolidate will, but if price action does continue to consolidate, we'll be heading down towards that 58,000 and looking for a bounce off of there.Taking a look at a theorem. Ethereum is looking great after just previously breaking all time highs. Ethereum currently sitting at 4,525. We have kind of a small red candlestick here indicating that there is a little bit of hesitation as that is common with breaking all time highs. The best thing that Ethereum can do here would be to retest that current resistance and flip that as support touchdown on there before entering a new zone of new all time.Taking a look at doge coin dose coin has just been consolidating for a number of days. Now, although if this does establish a low here, then we will be on our third higher, low as an uptrend, which would be great for dos coin. If price continues to fall down towards that 50 day moving average, that will be a bearish indication for dose.And today, guys, I'm going to talk about current Ethereum market sentiment. And if this is a bullish or bearish zone for a theory, Taking a look at the chart and some technical analysis. While considering that we just previously broke all time highs. I would say this is absolutely a bullish zone for Ethereum.There's been no sign of slowing down. Volume is coming in. Market sentiment is great with all the projects currently out on a theorem. If this current candlestick can close, if current price can continue to hold where it is, and this candle set closes at a doji or a relatively small red candle. That will be a very bullish sign for Ethereum as that means that people are not ready to be selling their theories shares, as it means people are ready to rally the price higher.Really. We should have no concerns of a bearish trend until we see a theory and fall below that 3,900 level. And that's all the time we have for today. Guys, thank you so much for tuning in, make sure to follow and subscribe to our podcast. And you can follow me on Twitter, which will all be in this script.Have a good day quickly. I just want to say that this is not financial advice. I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryDogecoin chart trends indicate a possible breakout?Ethereum Bullish and Bearish Scenarios Until the End of the yearQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody happy Thursday is Joe Dewitt, and this is the crypto breakdown. Taking a look at Bitcoin. We are still in that crucial area here where it is undetermined. We have accumulated some higher lows and some higher highs. Although the micro trend does not look right. We have fallen below that 50 day.Moving average and price looks like it is making its way down towards that 45,000. Which we previously just came out of Bitcoins. Next month of price action is going to heavily determined on the next few days and what it decides to do at this 58,000 resistance level price, getting above would solidify its bullish trend in bursts through all time highs and no time falling below towards that 45,000 support would.Just lasts a little bit longer of consolidation. Taking a look over at Ethereum. Ethereum continues to uptrend with a slight pullback today, looking at a four and a half percent down on the day, which is of course common after a good run like this. It looks like it was regressing back to its support level of around 4,350, solidifying this as support and reversing off of there in the upwards direction.Up towards that 4,800 would be. Great. Now the dose coin chart also looks fairly interesting. It looks here like it has established a low it came down and had a little bit of reversal now. So price has been climbing could consider this. If this does confirm to be low, this could be considered a higher, low, although it is lower highs with higher lows, which means it is deforming, a descending triangle here.So those going overall, the macro trend, it looks like it could be breaking out in a matter of a few weeks. In order for a nice breakout worth waiting for it. We'd have to get above that 50 day and 200 day and Bitcoin price action would have to be moving as all coins like to follow. So the next few weeks will be a telltale sign for those coin.And today, guys, I'm going to break down a theorem a little bit, talk about a possible parish standpoint, as well as the realistic bullish standpoint. The biggest thing that concerns me with delirium is the increasing gases. I know they've been addressing this for quite some time and looking to switch over to eith 2.0.Gas fees are not getting any better. And it is just pushing away users from Ethereum to alternatives like Selana, which personally, you know, I've done the same thing. I've transferred over to Solano for a lot of NFC transactions. Not to say that it has everything that theorem has to offer, but it is a great alternative for those looking to make trades with very minimal fees.And if this continues to keep up and they. Continue to procrastinate the rollout of Eve 2.0, I could see price continuing to drop. Although price has been climbing users on the network are struggling with transaction fees. It's not necessarily going to drop price, but it's going to consolidate price and limit the amounts that it's going to move, going to limit the capability of price action. Because with the full capability of Ethereum, I think is where we will see the most potential. And until then, I don't think price is necessarily going to reflect that. So on the bear standpoint eats 2.0, takes another few months to roll out. Eve gets above all time highs potentially around that 4,900.And quickly it breaks down and continues to consolidate for about a month year falling back towards that 3,600 and just sideways. I'm consolidating for a bit then with the rollout of Eve 2.0 price, absolutely skyrocket, continuing to break all time highs now on the alternative that Eve 2.0. Proof of stake does not hold that much weight on price.Action. Price will hit a reversal on this current support that it is touching and move in the upwards direction towards that all time high. And one's breaking all time highs just continues to hit that squeeze because a breakout like that would cause for a bit of price action and that would lead price to move into a undiscovered area.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This is a replay of the episode that aired on March 4, 2022. Normal programming will resume on Monday.In this episode of the Crypto Breakdown, I talk about a few tips and tricks to help you buy and sell some NFTs for profit instead of selling them at a loss.Tip 1: DYOR Do Your Own ResearchMake sure to take a look at the development team, see if they've released any other projects that are similar in the past, or if this is their first time around with an NFT, and take a look at what their roadmap is.A roadmap or a white paper is essentially a document that describes their short to mid to long-term goals.Tip 2: Stay Away From Discord LinksIf you were actively in discord, I would recommend staying away from any messages that you receive about any sort of other Discord communities or any NFT projects. There are a lot of discord bots and a lot of scammers out there trying to get access to your wallets and your funds.Tip 3: Stay Away From Celebrity NFT ProjectsMost NFT projects have the purpose of actually building something on the blockchain or creating a legitimate piece of art.Absolutely stay away from projects that are created by famous celebrities as they're just really looking for a quick turnaround or a quick profit.Tip 4: Avoid The Classic OverholdA lot of people will overhold their position thinking that they can make more in the long-term when in reality they have dismissed the all-time high and they end up holding an NFT for way too long And the value just keeps depleting.Tip 5: Wait For The Right TimeIf you're buying an NFT on a secondary market as a public sale, definitely wait for the Ethereum fees to fall. Ethereum gas fees tend to rise and fall throughout the day.Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Unedited Transcript:Hey everybody happy Friday. My name is Joe Dewitt, and this is the crypto breakdown. Today. I'm going to talk about a few tips and tricks to help you buy and sell some NFTs for profit instead of selling them at a loss. Now, the first thing I'm going to say, which is probably the most important thing in the entire space, no matter how much you hear it, it is really, really important to focus on the fact of doing your own research DYORIt's probably the most said phrase in the space for reason, and doing your own research is so important because it really helps the investor get an understanding of what project they'll actually be investing in. Make sure to take a look at the development team, see if they've released any other projects that are similar in the past, or if this is their first time around with an NFT and take a look at what their roadmap is.If you don't know what a roadmap is or a white paper, it is essentially a document that describes their short to mid to long-term goals. And that's really important to kind of get an understanding of where the. Wants to head thinking about this is not all roadmaps and white papers are necessarily legitimate because a lot of them are just used essentially as kind of a buzzword or just filler to kind of show people what they want to see.But at the same time, it is a good base, um, to kind of give, uh, investors now following the roadmap and the development team. One thing I will say about that is absolutely stay away from projects that are created by famous slow. Um, most of the time, if a celebrity makes an NFT project is going to be a cash grab.Now, the reason for this being is because most NFT projects have the purpose of actually building something on the blockchain or, uh, essentially creating a legitimate piece of. Now most celebrities that create an NFT project, they're just really looking for a quick turnaround or a quick profit and Ethereum.And most of the time, this is going to lead to what's called a rug poll, which is essentially the development team, pulling the rug from underneath the investors, leaving them with nothing. So I would definitely recommend to stay away from if any famous celebrities after. Now to actually go in some tips and tricks about the buying and selling process about buying.What I would say is if you were looking at an NFT that you like to cop, and it is not the men to meaning that you're buying it on a secondary market as a public sale, definitely wait for the Ethereum fees. If you were trading on Ethereum to fall for the day, Ethereum gas fees tend to rise and fall throughout the day.So finding a period and familiarizing yourself with. Um, Ethereum gas fees will be significantly lower. Can definitely help you save a hundred bucks. Now, it's also important if you're looking to actually flip your NFT and not just hold it for the long-term to develop some sort of goal. Now, this ties back into doing your own research.Once you look into a project, you'll get a better understanding of how you really feel about it. And if you feel comfortable holding onto it for a few weeks, hoping that price goes. Or if you were willing to just flip it right after mint now, typically when NFT projects mint, and for those of you that don't know what a mint is, that is essentially just minting the NFT on the blockchain.So if someone comes up with the project and users are able to pay a small fee to actually meant one, essentially creating it. Now these mens are easily the best way to make your money. If you can find a cheaper mins that are popular projects that have a little bit of following probably 20,000 followers on.Um, there is a good chance. Flipping an after mint will be very profitable. Although the hard part here is the classic Overhold. A lot of people will, Overhold their position thinking that they can make more in the long-term when in reality they have dismissed the all-time high and they end up holding an NFT for way too long.And the value just keeps depleting that. Going back to you. It is really important to develop your goal. If you have the goal of minting an NFT and flipping it the next day, stick to that goal, no matter how high price climbs, just stick to your goal, stay disciplined because that is ultimately, what's going to make you a better.And the final thing I will say is stay away from any discord links. If you were actively in discord, um, I would probably recommend to stay away from any messages that you receive about any sort of other discourse communities or any NFT projects. There are a lot of discord bots and a lot of scammers out there trying to get access to your wallets and your funds.And there's no reason to give them any opportunity to find your own. So just stay away from discord. There are a lot of malicious links and you do not want to authorize any party to access your wallet. That's all the time we have for today. Guys. Thank you so much for tuning in politics. Subscribe to the podcast, which will be in the description below.Have a great weekendSupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode, I look at what the developers at Messari and talk about their portfolio breakdown as well as their Crypto Theses for 2022.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody happy Wednesday. My name is Joe Dewitt, and this is the crypto breakdown today. We're going to be taking a look at the portfolios of some developers and analyst over add Massari is a crypto research and data company based out of New York, which recently released their 20, 22 crypto thesis along with some of their team's holdings.And I think it would be really beneficial for us to look through and get some information on what the team's portfolios look like as well as their portfolios. We have. On general defy and the future of web three development, which will be very beneficial to see what these people are coming up with. First off on the Massari team, we have Dustin who currently holds a theorem Salana Rory governance token, and a Rory. Now he talks about his interest in modular ecosystems, Ethereum scaling. And metaverse infrastructures like Ron, but mentions that there are not any viable ones currently out. It doesn't, it's also a fan of decentralized cloud computing, like AKT and other chains.He's also a fan of on chain cashflows, like superfluid, which leads to under collateralized lending. So essentially what he's saying here is that he's a fan of yield farming, which would be the simple cash flows as well as his decentralized cloud computing. Now cloud services throughout the future of defy are going to be very important as well as these metaverse infrastructures.Like Ron. Now another team member. His biggest winner is AXS, which was actually infinity shards with his return of 23,000. He holds AXS Bitcoin, Ethereum ruin Rory governance, token maker, any and MLN. Now Aiden claimed that he likes revenue generating protocols like defy 1.0 Renaissance. He's very bearish on monolithic smart contract platforms and takes Ron over SLP, which Ron.The on chain token for the Ronan side chain and SLP is smooth love potion for the end game token of accede infinity. He claims that he had to bet against sky Mabus, which is the company that developed both of those tokens, as well as the game action infinity, because he had to see the SLP enduring it's run as adjusted because it was reaching an all time.Now we have Jerry who holds Bitcoin, Ethereum Salono and cake. Now Jerry commons, that the re-emergence of Ethereum post-merger and shift back to the alternative , which means layer one's staking protocols and trade via integration with DFI will bring organic adoption back to the defy in 2022, as well as web three infrastructure gateway.And metaphors infrastructure. So essentially he's looking for dominance to get back into a theorem and move away towards those alternative layer ones, as well as his staking protocols, which staking protocols have been immensely popular over the last few months due to the high yield percentage. And finally, we're taking a look at Wilson who is an analyst over at Massari, who holds hint of theorem, Adam dot ACA and Solano Luna, and apex.He mentioned modular layer ones and enabling customer. Execution layers with salons being the most viable hedge, multi chain, infrastructure, and tooling, as well as the option to liquidity stake. And he also mentions a few interesting names like the tech iterations from Zika rollout and UX of crypto economies, stark ware, and Zika sink.And these are all projects. Unlock new types of crypto enabling applications. So essentially a quick breakdown of these analysts thoughts. So modular ecosystems is been a very popular one amongst all these developers and analysts, which essentially just means a dynamic ecosystem for working in scaling as well as the Ethereum scaling solutions was popular amongst all of them and layer one layer.One for those of you that don't know is just a first layer of a blockchain. So it hosts. Decentralized applications now, amongst all these descriptions, all of them talked about the future of layer ones, as well as many mentioning their liquidity protocols, which would be yield farming or staking, which is actually staking your tokens and earning a percentage on the tokens that you have state as well as just the general belief.The defy community and projects as a whole. And I hope you guys found that insightful just to see a little bit of their crypto investments, as well as some of their thoughts and ideas on the future of defy and that's all the time we have for today, guys. Thank you so much for tuning in. You can follow it, subscribe to the podcast.Which will all be in the description below. Have a great day Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryToday On Crypto Daily:3 Coins That Performed Really Well in OctoberBullish Signs to watch in Ethereum#BTC, #ETH, #DOGE, #ELON, #SAND, #FTMQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody, happy Wednesday. My name is Joe Dewitt and this is Benzinga crypto daily. Taking a look at some Bitcoin news Francis Suarez Miami's mayor is to become the first us politician to take.Salary and Bitcoin regarding price action. Bitcoin is still bouncing between that 58,060 $4,000 zone. Hopefully Bitcoin can gain a little bit of volume and momentum here the next few days to break above that all time high. If Bitcoin fails to break that all time high, we will continue consolidating down towards that 58,000 level zone.Taking a look at a theory, a theory. Absolutely amazing. We actually broke all time highs yesterday, which is a huge deal. You're currently sitting at $4,500, ideally in a situation like this after just recently breaking all time highs, the best thing to do would turn that all time high resistance and to support if this.Daily candlestick can close above that previous resistance level. That would be a very, very nice bullish indication for Ethereum. If this candlestick does close below that previous resistance, we will be consolidating downwards so that 3,900 looking for a retest back up to the previous, all time highs and finally taking a look at dos coin doge coin looks like it has been consolidating for.Days. Although I do like to see this very large green candlestick here with extremely large volume coming in on that day, that was a very nice bullish indication. Considering the days following have been a majority red candlesticks, um, with very low volume, which means volume is decreasing. The selling positions.So if Dosequin can break out of this consolidation above that 200 day moving average and gain that same volume on green days as it has been, we should be looking at an uptrend here with a target of about 35 cents. And today I'm going to continue where we left off yesterday and I'm going to discuss a few.Earners and October the first one being doge, Lon, a Mars, ticker Elan. This is a complete meme coin. Uh, it has been up 3,500 in the last 30 days, which is absolutely ridiculous. It looks like a bubble and we should be expecting price corrections with there. The first coin being doge lawn Mars, ticker Elan, which is an absolute meme coin.This token has rose 3545%. And the month of October and here with doge lawn and Mars, we can expect a large correction as prices heavily inflated here. Another top earning coin in October, it would be the sandbox, ticker sand sand rose, 108% in the month of October, the sandbox is working on their own virtual metaverse and sand is their governance token.And the last top point. Tober would be Phantom ticker, F T M. Phantom is a open source smart contract platform that helps scale. A theory of transactions. Phantom is up 107% in the month of October. Ideally, we'll see that price, correct. A little bit, maybe 20, 30% as that is a very large gains in 30 day period.And that's all the time we have for today, guys. Thank you so much for tuning in, make sure to follow and subscribe to our podcast. Follow me on Twitter, which will all be in the description. Have a good one Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This is a replay of the episode that aired on  February 16, 2022Episode Summary:In this episode, I look at what the developers at Messari and talk about their portfolio breakdown as well as their Crypto Theses for 2022.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody happy Wednesday. My name is Joe Dewitt, and this is the crypto breakdown today. We're going to be taking a look at the portfolios of some developers and analyst over add Massari is a crypto research and data company based out of New York, which recently released their 20, 22 crypto thesis along with some of their team's holdings.And I think it would be really beneficial for us to look through and get some information on what the team's portfolios look like as well as their portfolios. We have. On general defy and the future of web three development, which will be very beneficial to see what these people are coming up with. First off on the Massari team, we have Dustin who currently holds a theorem Salana Rory governance token, and a Rory. Now he talks about his interest in modular ecosystems, Ethereum scaling. And metaverse infrastructures like Ron, but mentions that there are not any viable ones currently out. It doesn't, it's also a fan of decentralized cloud computing, like AKT and other chains.He's also a fan of on chain cashflows, like superfluid, which leads to under collateralized lending. So essentially what he's saying here is that he's a fan of yield farming, which would be the simple cash flows as well as his decentralized cloud computing. Now cloud services throughout the future of defy are going to be very important as well as these metaverse infrastructures.Like Ron. Now another team member. His biggest winner is AXS, which was actually infinity shards with his return of 23,000. He holds AXS Bitcoin, Ethereum ruin Rory governance, token maker, any and MLN. Now Aiden claimed that he likes revenue generating protocols like defy 1.0 Renaissance. He's very bearish on monolithic smart contract platforms and takes Ron over SLP, which Ron.The on chain token for the Ronan side chain and SLP is smooth love potion for the end game token of accede infinity. He claims that he had to bet against sky Mabus, which is the company that developed both of those tokens, as well as the game action infinity, because he had to see the SLP enduring it's run as adjusted because it was reaching an all time.Now we have Jerry who holds Bitcoin, Ethereum Salono and cake. Now Jerry commons, that the re-emergence of Ethereum post-merger and shift back to the alternative , which means layer one's staking protocols and trade via integration with DFI will bring organic adoption back to the defy in 2022, as well as web three infrastructure gateway.And metaphors infrastructure. So essentially he's looking for dominance to get back into a theorem and move away towards those alternative layer ones, as well as his staking protocols, which staking protocols have been immensely popular over the last few months due to the high yield percentage. And finally, we're taking a look at Wilson who is an analyst over at Massari, who holds hint of theorem, Adam dot ACA and Solano Luna, and apex.He mentioned modular layer ones and enabling customer. Execution layers with salons being the most viable hedge, multi chain, infrastructure, and tooling, as well as the option to liquidity stake. And he also mentions a few interesting names like the tech iterations from Zika rollout and UX of crypto economies, stark ware, and Zika sink.And these are all projects. Unlock new types of crypto enabling applications. So essentially a quick breakdown of these analysts thoughts. So modular ecosystems is been a very popular one amongst all these developers and analysts, which essentially just means a dynamic ecosystem for working in scaling as well as the Ethereum scaling solutions was popular amongst all of them and layer one layer.One for those of you that don't know is just a first layer of a blockchain. So it hosts. Decentralized applications now, amongst all these descriptions, all of them talked about the future of layer ones, as well as many mentioning their liquidity protocols, which would be yield farming or staking, which is actually staking your tokens and earning a percentage on the tokens that you have state as well as just the general belief.The defy community and projects as a whole. And I hope you guys found that insightful just to see a little bit of their crypto investments, as well as some of their thoughts and ideas on the future of defy and that's all the time we have for today, guys. Thank you so much for tuning in. You can follow it, subscribe to the podcast.Which will all be in the description below. Have a great daySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:On Today's episode of Crypto Breakdown, I share my top 3 tips to use when trading on a budget. It doesn't matter what your budget is $100, $500 or $1000, these tips will save you a lot of profit.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryHow To Trade NFTs?Ideal Discord and Twitter follower numbers for NFT projects that are worth investing in.Tip of the day: Buy 2 NFTs from the project you like.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hello, everybody happy Wednesday. My name is Joe Dewitt, and this is the crypto breakdown and taking a look over at Bitcoin Bitcoin price continues to battle for that 58,000 support slash resistance level. This has been a crucial support and resistance for the last couple of months here. Um, I've mentioned it quite some times here, though.Bitcoin is in a volatile state here it's wedged between that 50 day and 200 day moving average and sitting right below this resistance level is 58,000. If Bitcoin can get this buying pressure and just hop right above that. Would put it in that zone for all time highs, which is ideal for Bitcoin. The overall macro trend is great.Uh, accumulating higher lows and higher highs. A breakout here for Bitcoin looks inevitable. Taking a look over at Ethereum. Ethereum looks absolutely insane up one and a half percent today. It has been pushing towards all time highs for about five days. And it does not show any sign of slowing down price.Currently at $4,720, we are just about to reach all time highs for Ethereum, which could happen even today. If buying pressure continues here, overall macro trend on Ethereum looks absolutely great. Uh, accumulating higher than. Higher highs, buying pressure is continuing to grow. There is a good amount of green volume that came in yesterday and today has a good amount of green buying pressure here.The only thing for Ethereum, I would say, keep an eye on that relative strength index to see when we were approaching a little bit of overbought area for a slight correction. But other than that, Ethereum looks absolutely primed and ready to go. Now taking a look over at salon, I wanted to mention salon because today's candlestick.Absolutely beautiful. It started right at that 50 day, moving average, using that as support and hopped up right above this crucial resistance level that we've been bouncing between. Um, it was a resistance flip support sitting at about $215 per salon here. Salon has a lot of room for growth, just considering it as a layer one.To something like the theorem and Ethereum gas feeds have been growing lately. So people have been transitioning away from, from Ethereum to other layer ones like Appalachian Solano for alternative transactions. And that shows no sign of showing down until a third empty 0.0, rolls out. People will continue to use Salono and push this price up.I could see easily price hitting that $300 range. And just a matter of a few weeks, I'm depends about where the buying pressure is. Although to start off, this is an absolutely great sign. Uh, closing the candlestick above the support level would put us in a zone of all time highs. And today, guys, I'm going to talk about how to trade NFTs, how to keep liquid and NFTs, and just a few things to keep in mind if you were looking to trade, uh, individual NFT projects.So something I like to mention to people is to diversify. It never go all in on one NFT project. You like, it's absolutely normal to. I feel some type of way about a project and really like it, but that does not mean you have to buy 30 of them. Um, what I like to say is buy to have a project that you like, because that way, if you have one can put up for sale, which is called listing, so you can list one and then you hold onto the other, in case price continues to climb because with NFTs, they are so, so volatile so much more than crypto because you never know when volume is coming in.And NFT markets are very abrupt and very subtle. It mostly depends on when individuals want to start trading. So when people are looking to buy, um, a certain project is when the highest opportunity comes to sell. So that being said, that is why I like to recommend buying to have a project that you like.That way you can list one to gain profits and have another, um, in case price continues to increase. Another thing to look out for is overall traction on the NFT project and what I mean by that. Um, it's overall community and following how many Twitter followers they have in their discord. I usually like to look for a discord of upwards of 20,000 people, um, and somewhere around the 10,000 for Twitter followers, because it's a safe area.You want enough people looking at the project where you know that there will be a good amount of transactions there. If you like a project. That has absolutely no traction. That doesn't mean you can't buy it. That just means there aren't enough eyes on it yet. You're taking a gamble with, if there are ever going to be transactions on that NFT project.So that's why I like to stay safe and go into projects. I know that we'll have a good amount of volume because people are already looking at them. And the last thing I would recommend when looking to trade NFTs would be to look on alternative layer ones rather than a theory. I absolutely love it.Theorem and I have multiple NFTs on a theorem network, but if you're looking at. Quick trades and take profits. Something like Solano is an absolutely great alternative. Um, they provide a great marketplaces like magic Eden, where you can go on and buy NFTs for a fraction of the cost. You'd pay for Ethereum gas, theorem, gas being upwards of 100, $200.And Salana, you'd pay a fraction of a cent. So taking a look at alternative layer ones for your NFP projects is a. Opportunity to make some money there. That's all the time we have today. Guys. Thank you so much for tuning in hope. You all have a wonderful day, make sure to follow and subscribe to our podcast, which will all be in the description below you guys take care of quickly.I just want to say that this is not financial advice. I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets. Did you know nearly all stock price changes of 10% or more result from a single news headline? News headlines have a unique ability to drive stock prices up or down.These news catalysts create trading opportunities every day. All you need is a little help to reach out and take them. And if you're looking to grow your portfolio, it doesn't matter if your investment budget is small or big and easy to read stream of news headlines will increase your opportunities to profit from price changes in the stock market.Consolidate a knowledge-based investment strategy and grow your portfolio. All you need is Benzinga pro and it's powerful news alerts, price tracking, and portfolio monitoring. To make a positive change in your trading performance. We've already helped thousands of retail traders across the world, and they could not be happier.Increase your market now. Boost your exposure to big movers and make informed trades before major price changes, the opportunities are all around you. Subscribe now and will skyrocket your portfolio today.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:On Today's episode of Crypto Breakdown, I look at some coins that have great potential and very solid utilities but that are not as well known as Bitcoin, Ethereum.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Hey everybody happy Thursday. My name is Joe Dewitt, and this is the crypto breakdown today. I'm going to talk about some top coins that you need to have on your watch list for 2022. And I'm not going to mention Bitcoin Ethereum or salon or any other layer. One that should obviously just be on your watch list.I'm going to talk about a few coins that you may have not heard of the first one being CRO, which is crypto.com coin. Now, if you're unfamiliar, crypto.com is a crypto. Which has really gained traction. And this year they actually bought the stable center, renaming it to crypto.com arena, which is absolutely huge.Now CRO did see a nice climate this year. Although I think this is just the beginning for what this token has to offer. CRO gained its popularity fairly recently after it, um, gained a nice surge in price over the last few months. And there is absolute. Sign of this slowing down. And as the defy space continues to grow and more and more individuals come to look for crypto exchanges and centralized exchanges.I think crypto.com will always be a steady option. So definitely keep an eye on CRO coin as it definitely has room for growth. Second coin I would recommend putting on your watch list would be opened out. Take your SOS. Now this is an airdrop token that was given. ENS holders. And although the token is at a fraction of a cent, the market cap is 350 million.And this is a really interesting project because it has to do with Ethereum name services. So ENS holders actually received some asset class. I think what it did for the community is very beneficial. So SOS may be speculative at the moment. Although the room for growth is exponential. I think over the next few months, and next few years, As more and more people start, um, adapting ENS names.SOS could play a very important role and gain popularity. So definitely worth keeping an eye on SOS. The final coin. I want to discuss that you should definitely add on your watch. Those would be access, which has ACCE infinity. Now access is actually the governance token for Axion infinity, which is a decentralized play to earn.Now actually, and Fendi is actually the largest NFT collection in the entire world. Ax Infiniti also developed their side chain, which they launched earlier this year, Ronan, um, which has had absolutely insane transaction volume compared to other blockchains. And this is just a side chain for the game.The user base has gone up from 200,000 to almost 3 million and about 70. Which is absolutely ridiculous growth and the influence this game has had on the DFI community and the rest of play to earn games is absolutely phenomenal. And the development of this next stage of video games, I think this would be an absolutely great thing to add to your watch list.Keep in mind, this is also a governance token. Does allow, um, voting rights in Axion infinity and that's all the time we have for today. Guys. Thank you so much for tuning in. You can fall and subscribe to our podcast, which will all be in the description below. Have a great daySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode, I analyze the bull and bear scenarios for Bitcoin, Ethereum, and Dogecoin. I call out the resistance and support levels as well the RSI indicators to look at where these coins will be headed next.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody happy Tuesday. My name is Joe Dewitt, and this is the crypto breakdown. Today. I'm going to do a technical analysis on some of our favorite coins, starting off with Bitcoin because Bitcoin looks fabulous today. The Bitcoin daily candlestick is up four and a half percent on the day. And this candlestick is approaching a very crucial resistance level resistance at 44,180.Now this resistance level has been there for quite some time. I'm approached back in September, 2021, and we actually use it as support. And then in this previous fall a month ago, when it dropped one, Bitcoin dropped down to 36,000, it flipped towards resistance. And now we've been working our way back up towards that 44,000.Now this daily candlestick is above that resistance level. Now, if the daily candle set can close above that resistance level, that would be a very huge bullish sign for Bitcoin. And I definitely think Bitcoin price is going to start to rally. If this candle state gets a little bit of cell pressure and starts to fall back towards this 41,000 support level.We might see a bit of consolidation and two, a week of a momentum and up push towards that resistance. So the most important aspect being where this candles candlestick closest today. So definitely keep an eye on what we're looking for is for it to close above 44,110. And if that's the case of Bitcoin rally may be in our near.Taking a look over at a theorem. Ethereum is also looking great on the daily candlestick is up almost 6% at 5.8% now based on support and resistance levels. Ethereum doesn't look like it is trending as strong as Bitcoin, but it is definitely. On the upswing, we just touched a resistance level on the ninth and the 10th of February.And we started falling back down towards the support at about 2,600. But today it bulls woke up and decided that they're going to buy some ease and that it's drove prices up back towards our 3,100. So now price is swinging back towards that resistance level at 30 to 50 sorta theorem is looking to do is to get above this 50 day, moving average at $3,130.And if a theory. On or above that 50 day moving average for about two to three days. We will definitely be in the upswing there and get a bit of buying pressure towards 3,700. Now on the bear stance, if Ethereum does fall below that 50 day, moving average and fails to get above this resistance at 3,200, then price will be consolidating back towards this 2,600 zone potentially falling below.But we don't have to think about that now until price starts to reflect some of that I'm selling. But for the time being, it looks like we are trending upwards and Eve is close to reclaiming its 4,000 now ending things off with dos coin. Doge coin actually looks surprisingly well here it does look like we established some sort of a floor down at 12 cents.So doge coin is approaching on the 25 day moving average and accumulating some higher lows, which is very important, considering that there has been lower lows for a few months. Now what that means essentially is just a lower lows means that it's downtrending because it is accumulating lower sell-off and higher lows would just mean the opposite.It isn't a reversal. So does accumulating an uptrend because of the higher lows. So each time a sell-off approaches, it is actually higher in price than the. Which signifies the uptrend. So this is the first higher, low for dos coin in quite some time here. And as it gets into that 25 day moving average zone, it could absolutely bounce off of that as support up towards that 22 cents.Now, considering it as an alternate doge coin, what's really going to be important is the movement of Bitcoin and Ethereum and other blue chips. Because as. Move doge coin will follow. So if blue trip is like Ethereum or Bitcoin, start to sell off doge coin and may follow. So that is very important to consider on the alternative.If Ethereum and Bitcoin continue to trend the way they are building their higher lows, getting above their resistance levels in 50 day, moving average, we should be accumulating some buying pressure and for doge coin, that would be great. Here, if doge coin can get some momentum I'm seeing 22 cents bouncing off this 15.Support level and this 25 day moving average, plus it's relative strength index, which just indicates if something is overbought or oversold is sitting at 50%. So it definitely has some room to push. And 22 cents is where its resistance is at. So 22 cents could be a target for doge coin and that's all the time we have for today.Guys. Thank you so much for tonight. You can follow, subscribe to the podcast, which will all be in the description below. Have a great day Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryToday On Crypto Daily:Is Ethereum Just Shy of ATH? Bullish Signs to watch in EthereumTop 3 Coins That Performed Really Well in October#BTC, #ETH, #DOGE, #LINK, #MANAQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:I talk about the common NFT scams you should watch out for. I explain what malicious NFT drops are and what an NFT Rug pull means how you can avoid them. I describe what a fake NFT marketplace looks like and how to spot it. Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey, everybody happy Monday. Hope you had a wonderful weekend. My name is Joe Dewitt and this is the crypto breakdown. So previously we took a look at some scams in crypto. And today we are going to take a look at some scams and NFTs. So the first one would be fake NFT stores. Now these are essentially stores with a very similar URL address with maybe one slight.And it actually looks exactly like the marketplace or does a replica of a certain marketplace. And what they do is they actually try and connect to your wallet. And the second that you connect your wallet to that third party, your wallet is then compromised. This has been a very popular way to gain access to individuals, crypto wallets.So it definitely be cautious when you're on a marketplace to make sure that it is actually the marketplace you intend to use another really popular NFT scam, um, would be counterfeit NFTs or artists, and personally. Now, ideally the great thing about NFTs is that this should be, um, verifiable. You should be able to go through and look at the blockchain and say, okay, this artist or this company, or this project, didn't actually make this NFT, but for a lot of people that are new in the space and new coming in 10 FTEs, it's really hard to make that distinguish.So they end up getting left with counterfeit and FTS or NFTs, essentially with Nova. Because they were actually not done by any sort of well-known artists. So this goes without saying, but when you were looking at an NFT project or hoping to purchase an NFT, it is definitely important to look through each scan or soul scan or whatever, um, blockchain you were using.Make sure to check the smart contract and make sure that you actually know what you were purchasing. This will really help you get an understanding of what you actually trying to purchase, and we'll help you stay away from counterfeits. Now, another very popular scam in the NFT community would be NFT airdrops.And essentially what they do is airdrop you malicious NFTs, hoping that you will interact with these contracts. Maybe send them to a different wallet, try and sell them on the marketplace. And by interacting with these smart contracts, you essentially are compromising your. Now there are some very wholesome airdrops out there.And, um, communities of NFTs that are just looking to, um, share NFTs and airdrop them to people to increase, demand and increase popularity. It is definitely important to consider the fact that there are malicious NFTs out there. That will be airdropped with the intent to hack your wall. Definitely. If you see an NFT in your wallet, that you have no clue how it got there best to not interact with it, or do some research before interacting with that smart contract.Now for the most popular scam in the NFT community, which has known as the rug, you may have heard the rug previously, essentially. Pulling out the rug from underneath investors, which in a literal sense is when it developers bring the project down to zero, whether it is by announcement or it is actually pulling the JPEG off of the blockchain because NFC is have to be updated.They have to be maintained on the blockchain. If a developer decides to pull their JPEG, they're essentially leaving the NFT worthless with no visual appeal, essentially rugging investors and bringing the collection down to zero because it is now worth nothing. There have been many projects. In the past, essentially, all that means is someone created a project with the hopes to make exponential growth and then just scam investors with no intent to make an actual real collection.Now, this is the most important crypto scam because it is the hardest to see coming. It is really hard to determine if something is going to be a rug. And most of the times when they are, it is projects that you. I think of, so the only way to go around this would be to just really put some effort into doing some research before you purchase it on Ft, making sure that the developers are well-known.And if they're not, if they're anonymous developers make sure that their white paper or their roadmap or whatever, they're using shows some sort of dedication to the community. Cause that will really go a long way. And if you can tell a developer is in it for the community and to give back to investors, then ideally it should be.Wholesome NFT collection. That's all the time we have for today, guys. Thank you so much for tuning in. You can follow it, subscribe to the podcast, which will all be in the description below. Have a great daySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode of the Crypto Breakdown, I talk about how much money you would have now if you invested your pandemic stimulus checks into Bitcoin, Ethereum, Dogecoin, and Luna.Stimulus Checks:April of 2020 $1,200 March of 2021 $1,200 BitcoinOn April 11th, Bitcoin was roughly at $6,800. Now, if you were to buy $1,200 of Bitcoin at the time being, you would have 0.17 Bitcoin equating to $1,664.If you were to spend your second stimulus check on March 2nd, 2021 on Bitcoin as well, you would have a 0.02 Bitcoin, considering that Bitcoin climb to at $57,000, and that would be worth $5784. So together, if you invested both of your stimulus checks in 2020 and 2021 into Bitcoin, you would have $7,448.EthereumIf you were to buy $1,200 worth of Ethereum in April 2020, you would have 6.4 ETH equating to $16,968. Now your second purchase on March 12th, 2021 would be much less considering that a theorem climb to $1,800.So you would only have 0.66 ETH which would equate to $1,744. Considering that Ethereum is at $2,616 now, the total amount of Ethereum you would've made, if you invested both of your stimulus checks in Ethereum would be $18,712.DogecoinOver to dogecoin, which was at $0 back in 2020 and a $1,200 check would get you a 600,000 dogecoin, which now prices at $0.11, so you would now have at $66,000 worth of dogecoin now.Dogecoin more than doubled to $0.005 and at 2021, with $1200 you would have 240,000 dogecoin. Equating to $92,000 for investing in dogecoin in 2020 and 2021 with your stimulus checks.Luna Luna on April 11th, 2020 was $0.19 cents. So with $1200 you would get 6,465 Luna, which now with Luna sitting at roughly $95 equates to $613,000. That is roughly a 50000% change. On March 12th, 2021, if you invested $1,200 at $14 per Luna. You'd be able to obtain 98 coins leaving you with $9,800. So in total, Your Luna would equate to $622,000. Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Hey everybody happy Friday. My name is Joe Dewitt, and this is the crypto breakdown today. I'm going to discuss how much money you would have made if you would have invested your stimulus checks into Bitcoin, Ethereum, doge coin, or Luna. So Americans received a few different rounds of stimulus payments.The first being back in April of 2020 was a $1,200 stimulus check and the most recent one being March of 2021, which was another 1200 payment. So we're going to take a look at both of them. Now on April 11th, Bitcoin was roughly at $6,800. Now, if you were to buy $1,200 of Bitcoin at the time being, you would have 0.17 Bitcoin equating to $1,664.Now, if you were to spend your second stimulus check on March 2nd, 2021 on a Bitcoin as well, you would have a 0.02 Bitcoin, considering that Bitcoin climb to at $57,000, and that would be worth seven. $84. So together, if you invested both of your stimulus checks in 2020 and 2021 into Bitcoin, you would have $7,448.Not too bad, very solid returns. Now we're taking a look at a theorem, which was at $185 in April, 2018. If you were to buy $1,200 worth of Ethereum, you would have at 6.4 eith equating to $16,968. Now your second purchase on March 12th, 2021 would be much less considering that a theorem climb to $1,800.So you would only have 0.6, six Eve, which would equate to $1,744. Now, considering that Ethereum is at $2,616. So the total amount of Ethereum you would've made, if you. Both of your stimulus checks would be $18,712. Now we'll kick it up a notch over to doge coin, which was at 0 cents. Back in 2020, and a $1,200 to me was check would get you a 600,000 dose, which now prices sitting at 11 cents.So you would now have at $66,000 worth of doge coin now. More than doubled to 0.005 and a 2021. So you would have 240,000 doge coin. If you invested then together equating $92,000 for investing in doge coin in 2020 and 2021. Now this final one gets a little crazy taking a look at Luna at the time being an April 11th, 2020 was 19 cents.So at 1200. Stimulus would get you 6,465 Luna, which now Luna sitting at roughly $95 equates to $613,000. That is roughly a 50000% change, which is absolutely ridiculous. Now looking at March 12th, 2021, we invested $1,200 price did grow to $14 per Luna. Although you'd be able to obtain 98 coins leaving you with $9,800.So in total, Your Luna would equate to $622,000. If you invest at both of your stimulus checks and to Luna now, that is absolutely ridiculous. Now don't feel too bad if you missed out on these opportunities. These are literally one in a lifetime opportunities and very few people get to see them through that's all the time we have for today.Guys. Thank you so much for tuning. You can follow up, subscribe to the podcast, which will all be in description below. Have a great weekendSupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:On Today's episode of Crypto Breakdown, I look t all the sources I use to make my crypto investing decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody, happy Wednesday. My name is Joe Dewitt, and this is the crypto breakdown. Today. I'm going to discuss some sources that you could use to educate yourself and learn more about everything crypto.Now here at Benzinga. We offer a wide variety of educational kinds. You could head on over to benzinga.com forward slash money. If you want to learn more about some of our informational articles on crypto and what certain cryptos are. We also have another show here at Benzinga called Mooner bust, which is a great, great source for anyone out there, trying to learn a little bit about different products.Um, it's a very insightful show. Um, I would definitely recommend to those out there who want to learn something about, um, just everything blockchain. Another great source for charting would be trading view. Trading view is widely used as one of the top charting platforms. And it is a great way to keep on top of price.Action. Trading view is free, so you don't need to pay for an account or anything. Um, just go on, sign up and you'll be able to look at pretty much any chart you want. Now trading view also does, uh, offer educational content for all their indicators. So you can learn on what everything does learn, how to do some technical analysis and learn how to read.Which is very beneficial for new traders. Now, if you ever want to learn anything about a specific coin and you don't know where to look, coin market cap is easily. One of the best platforms for learning about a crypto on coin market cap, you can find everything you need to know about the token, as well as who founded it.There is also a way to see what platforms. Currently available to trade on, and you're also able to see what wallets supports that crypto. So if you ever need to learn more about a specific crypto, definitely would recommend checking out coin market cap. Now there's also coin gecko, which is very similar to coin market cap.It provides information on specific cryptos and you can click on each one, see the charts, they're social, the developers, and a short analysis on that coin. And the last one I would recommend, um, for. To stay educated on crypto would be Twitter. Now I can't show any specific Twitter accounts because, um, it's completely subjective.And I do not know if any people out there would really benefit from the users that I personally follow, but Twitter is a great, great platform to learn more about the space. And just to really get a few of web three development and different blockchain technology. Um, if you were interested in that and you just made an alternative Twitter account and started following a few different accounts, very slowly, it'll start to snowball into an entire educational newsfeed, all about crypto, which can be very, very nice and updating and insightful for some.Now the key point here behind all these sources would be to use them in conjunction with one another. I never just use one source when looking at my investments, I like to diversify into multiple. Sources use different platforms to get the entire picture, um, different sources of information. And of course, charting is very important.Um, the main idea here is to use them altogether to become a better trader that's all the time we have for today. Guys, thank you so much for tuning in. You can follow and subscribe to our podcast, which will all be in the description below happy hump day quickly.Episode Summary:Today On the Crypto Breakdown, host Joe Dewitt looks at the two of the most popular coins HARMONY vs AVALANCHE.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode, I give an example of a beginner crypto portfolio for $1000.I break up the $1000 into categories with percentages and give you a list of breakout coins for each percentage category.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody happy Thursday. My name is Joe Dewitt, and this is the crypto breakdown. Today. I'm going to discuss where to invest a thousand dollars and how to diversify your portfolio. But first we have a question from a listener Ethan Case as he loves the podcast and wanted to see what I thought about ever-growing coin, ticker EGC.So evergreen coin is a deflationary token, which really reminds me of safe moon. This has an 8% reward for every buy and sell transaction where safe. They have a 3% for every buy and sell transaction is sent back to the buy wallet, 2% transmit to the liquidity pool on pancake swap. The one thing I do is that the ever-growing system consists of NFTE lending and their marketplace and a content subscription platform, diversifies, a little bit of where the liquidity is coming from.And the thing about evergreen is Ethan. K. If you got an early enough, then I think it could be a great investment. I wouldn't personally recommend this to people that I know just because I know how these. Deflationary tokens work. And with that 8% fee is really punishing when you want to come around to sell.But if you were in early enough, I think you could definitely make some nice gains here. For the most part, I just like to play on the safe side. So I do like to stay away from tokens like these, but that doesn't mean that there's not money to be made. And now we're going to jump into where to invest a thousand dollars and how to diversify it. Keep in mind, guys, this is not financial advice. This is only my personal opinion, and this is essentially an introductory investment portfolio. So this is how I would diversify a beginner's portfolio or someone's starter portfolio. Now with. Absolutely 30% means to go to Bitcoin. Bitcoin is so important because it is essentially the gold standard for defy.Everything is backed by Bitcoin. And if Bitcoin goes down, markets are going to follow. So having a good share of Bitcoin is definitely very important on a lot of people in the space. Think that it doesn't matter too much. Although as Bitcoin rallies come rolling around, it will definitely regret those.So 30% in Bitcoin and 20% in Ethereum. So that is the first 50% gone. And two tokens. Now, if you know me, you know that I am an advocate for diversification. So you might be thinking, wait a second, 50% in two coins. That's not diversifying. This is Bitcoin and Ethereum and defy is built on these two Ethereum being the number one layer one, and the most popular blockchain for decentralized application.These two projects aren't going anywhere and is going to be very important to hold these two in your portfolio. And it's nice to keep in mind. It's very good to have a larger portion into safer coins just to minimize the risk when trading. So now that first 50% is gone with Bitcoin and ether.So for the next 20%, I would recommend investing in other layer, one tokens like Salana near AVX BNB. And if you wanted to use those examples for the 20%, you could just do 5% of. Now the reason I recommend doing this is to diversify into other layer ones that aren't Ethereum. So you can get a feeling of what's out there.And as these other layer ones succeed you will have your foot in the door and have a little position that you can grow on. Now, 10% and two layer twos like polygon or Lupron layer, two projects are going to be crucial for the future of scaling blockchains on they help verify transactions and de clog the network layer.Solution doesn't investments are going to be very lucrative. Now I had another 10% and two decentralized gaming. So something like manna for decentral land sand, which is the token for sandbox AXS for ACCE, infinity, or Pollis for star Atlas. Now, this is a good way to diversify into the defy gaming world.There are so many plates earn games and blockchain games that are becoming popular and very lucrative. So to smart, to hop on board soon while they're still being developed and investing in these games while they're still very young is a great way to see what is out there and get every angle of defy rather than just investing.And doze coin or Bitcoin alone. Now for the final 10%, I would recommend stable coins. Now, most people wouldn't say this, but I would absolutely recommend stable coins for last 10% of your portfolio sizable chunk. Just because it is very important to stay liquid. If you have 10% in USB-C or tether coin, Any stable coin like that.What it allows you to do is when you find positions that you'd like or positions you were comfortable with, you are able to enter those positions. If I gave you a portfolio with all 100% of the thousand dollars in tokens, you wouldn't necessarily be able to invest in something new when you saw it, you'd have to upload some more money onto your exchange.You'd have to start a new position this way. If you have stable coins, you can take out of the stable coin as you see fit, and you can put profits into it to keep it. So that being said a little quick recap, we got 30% in Bitcoin and 20% in Ethereum making the first 50% next 20% to layer ones like soul near Avox and BNB 10% towards layer twos like polygon and Lupron, 10% towards decentralized gaming manna, sand AXS Paulus and 10% and stable.So this might not be the most explosive growth portfolio out there. No, not at all. What this is a very safe diversification into everything in defy that you would need. Now, a portfolio like this over time is not going to do bad. It is going to. Just purely based on the diversification. If you widen your range into different branches of defy, it most likely will work out for you.And I just want to mention one more time that this is not financial advice. This is only my personal opinion on what I see fit on a beginner's portfolio. And that's all the time we have for today. Guys. I hope you found that insightful. You can follow and subscribe to our podcasts, which will all be going to.Have a great ThursdaySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryToday On Crypto Daily:Why Did Binance Suspend All Bitcoin Withdrawals?Bullish Signs to watch in Ethereum and Dogecoin.Will Dogecoin reach $1 - What the people say: https://twitter.com/Benzinga/status/1453739342409596931Repy in Twitter Thread: https://twitter.com/Benzinga/status/1453739342409596931#BTC, #ETH, #DOGEQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey, everybody happy Monday. Hope you all had a wonderful weekend. My name is Joe Dewitt and this has been Zynga's crypto daily.Oh, should I got to find this tweet?So it does have this tweet up and then I have fricking lost at looking at.First off Bitcoin magazine. First off Bitcoin magazine, just announced that Binance is.Announced that Binance is suspending all Bitcoin withdrawals. Um, most likely this is probably due to them upgrading their infrastructure. Maybe they think that price action is going to rally taking a look over at price. I had just been a quiet weekend for Bitcoin, just a little bit of a consolidation in the sideways direction.This hesitation on Bitcoin makes me think that price action is going to fall down to that 58,000 as people become more hesitant. We have not seen that volume that we would like this.So most likely we're going to come down to this 58,000 for a retest before revisiting those all time highs. Um, ideally we do not fall below that 58,000.Taking a look at Ethereum. Ethereum is looking good. Um, we are currently at touching the top of that resistance at 4,360. Uh, I shouldn't say like that. Taking a look over at Ethereum. Ethereum is looking good. We are currently touching resistance at 4,370.This all time resistance. Mark has been crucial for us. We have tested it a number of timesand even broke through all time highs, but that quickly turned into a red candle.The volume here on Ethereum is looking slightly more promising. So if we could get that volume coming in with this green candlestick, that would be a very bullish sign for Ethereum.Taking a look over at dos coin. Doge coin is looking solid, looks like it could potentially pump it. Had that long run on the 28th. And we have just been consolidating and the downwards direction. This weekend volume is not there. Although we are in between 200 day and the 50 day moving average testing.The top of that 200 day, we have also established a few higher level. So if price action for doge coin can get on top of that 200 day and use that as support,that would be extremely bullish for doge coin and we'd have a target of about 35 cents there.And today, guys, I'm going to discuss the results of our survey that we posted on the official Benzinga Twitter last week, Friday. Um, 41% of everyone said that yes, dose coin can go to $1. Oh, should I, should we say that? Didn't even say.And today I'm going to discuss the results of our poll that we posted on the Benzinga Twitter. Last week, the question was can doge coin reach $1 as we discussed in our podcast, 41% of you all said, yes, 45% said no, and 14 per cent were somewhere there in the. As we discussed dos coin, going to $1 would imply a four times market cap putting dos coins market cap at roughly 145 billion.That would be making it the third largest crypto by market cap, which seems extremely unlikely. Although with the growth of the entire crypto market may not be impossible.Hmm.I'm curious to see all of you that voted yes. That those coins can reach to a dollar. I want to hear your opinions behind that.Um,um, And for all the individuals that say that, or for all the individuals that think doge coin could reach $1, please reply to our Benzinga post today. Um, give us a reason on why you think doge coin could potentially reach $1 in the near future.That's all the time we have for today, guys. Thank you so much for listening. Make sure to follow our, uh, rumor Kenzie wars. That's all the time we have for today, guys. Thank you so much for listening. Make sure to follow and subscribe to our podcast and you can follow me on Twitter, which will all be in the description below.Have a good one.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryCan Ethereum reach an ATH by the end of 2021?Twitter's effect on NFTs.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody. Happy Tuesday. My name is Joe Dewitt, and this is crypto breakdown. Today. I'm going to do something a little different and just go into a little bit of market sentiment and how I feel about each of these coins.Taking a look over at. Overall market sentiment continues to stay strong. Price has accumulated some higher lows over the last few months here. And I talk a Bitcoin within the news and all of social media has ever been increasing Bitcoin breaking all time highs a few weeks ago, absolutely helped out with that.And it does look like we could be heading back towards that area. And no time for Bitcoin, the best case here for Bitcoin would be this 58,000 level that we've been mentioning for quite some time. And that is. Switching between support and resistance, which is currently acting as resistance to flip as support when price gets a above and then a Bitcoin will be battling for that 58,000 up towards that all time high area, taking a look over at a theorem.Ethereum price continues to stay really strong prices up six and a half percent on the day. And something I really enjoy looking at with a theorem is how well it holds the 50 day moving average. Just a reminder out there. If you are unfamiliar with the moving average, it is just 58 days. Price plotted an average.So it shows you a good support and resistance level. And Ethereum likes to hold that as a crucial level of support. It was testing it for a few days this week and the last three days, it has cleared that 50 day moving average hopping above that 4,300. To my eye, Ethereum looks like it is approaching all time high.It is very close. And it looks like it has the buying pressure to just rip right through. This will be very interesting to see how this Ethereum plays out. I would expect here potentially a little bit of consolidation as we get to that all time high area. And depending on the volume coming in, we could push right above it, or it could be a slight retest, but I'll tell you one thing I know it is not going to get below 4,000 any time soon and taking a look over at dose.Those coin is looking the least appetizing of the three, although it has been accumulating a little bit of a macro descending wedge, which should be a very large wedge here where price is losing momentum. Now, the reason wedges like this. Considered a, an opportunity for a bullish breakout would be because price is losing momentum and the downwards direction.So theoretically price is looking to hit a reversal. Those coin here too, on the RSI, which is a relative strength index is very low sitting at about 43%, which means that it is 43% over sold. There will be a bit of buying pressure here on dose coin. I would say realistically for dose coin, the best scenario would be a little bit of buying pressure to hop above that 200 day moving average, putting price at about 26 cents and then battling for that 35 cent zone between 26 cents for a couple of weeks.And today, guys, I'm going to talk about a little price prediction for a theorem or the new year's. So taking a look at. Everything an overall market sentiment. It's important to consider a lot of factors when determining the price of something like this. So a theorem being a layer, one solution, meaning that they are the decentralized hosts that will, that will be here for decentralized apps to be built on.It is a very. Piece the blockchain puzzle and absolutely crucial for the development of defy. That being said, there are other layer tools out there that also offer cheaper transaction prices. But with Ethereum 2.0, rolling out around the corner which has been teased for quite some time, theoretically, that will really help the price of Ethereum.If you're unaware of that update, that is the 2.0 a theory of fork, which will be. The transition from proof of work over to proof of stake, meaning that transactions will no longer be verified with computing power and instead they will be verified with staking pools, which will be a great environmentally sustainable option on the other hand, as well as lower transaction fees.Another important thing to consider with Ethereum is Jack Dorsey, promoting the NFT community by he's going to verify individuals NFTs onto. Which will be very, very bullish for the community. Being able to see if someone actually has an NFT through their Twitter profile, which will be super interesting and integrated within everyday life and social media.So that is absolutely bullish for. So getting to the price prediction. If a theory come here can climb above it's all time high putting price, right below $5,000, depending on how quickly it can get above. If it completely rips above all time high within the next few days and closes the candlestick. I think that is going to be an insanely bull sign for 3m and Ethereum is going to continue to climb for all of December. If that does happen, which it is at this point, looking like we are in that direction I would expect a theorem and this zone of about $6,000 by the new year. Give really modest price predictions because I'm aiming for 8,009,000, $10,000 is not going to help anyone. And an unrealistic price.Prediction is only going to give you false hopes. So it's always good to be a better safe than sorry. On the other hand, if Ethereum does release an update about the eith 2.0 or any sort of mechanism that they're releasing that may drive up. A bit. So I could expect even 7,000 to 7,500 personally, I do not think Ethereum can get above at 7,500 by the new year, and that would push market cap to about 1 trillion.And that's all the time we have for today. Guys, thank you so much for tuning in, make sure to follow and subscribe to our podcast. And you can follow me on Twitter, which will all be in the description below. Have a great Tuesday.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Bitcoin and Ethereum may not be looking so great but these 3 coins started 2022 really well.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Episode Summary:Today On the Crypto Breakdown, host Joe Dewitt looks at the two of the most popular coins HARMONY vs AVALANCHE.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody, happy Tuesday. My name is Joe Dewitt, and this is the crypto breakdown today. I'm going to talk about some coins that have been performing well in the new year.As well as talking a bit about Bitcoin and Ethereum, taking a look over at Bitcoin and prices up to a percent today and to the daily chart here does look like we could form a reversal price has been struggling to fall below the current support level we are at about 41,000. And this is a very strong support level for us.Everyone. We hit that as a resistance level back in August, broke above and use it as support a few months later. And now we are revisiting. The support level, which is going to be crucial for the next few weeks of Bitcoin. Now, if price fall below this level, now, if pricing gained momentum to get back above this 4,400 and clear away from the support level, that would be a great sign for Bitcoin.Although on the alternative side, forming a lower lows would be pretty bad as it would signify a downtrend. So keep a close eye on Bitcoin. As the next few weeks are going to be a very strong determining factor. Now, taking a look over at a theorem, Ethereum is up just about 3% today. And prices also formed some consolidation here as it looks like it struggles to.A bit further now with Ethereum, the RSI, which is the relative strength index is quite low sitting at about 28%, meaning that Ethereum is quite oversold here. Now, this indication could usually signal a buy-up, which would mean a short squeeze and price. Now the crucial level for Ethereum being 3,100, this is a key point because we've used it similar to the one I was talking about with Bitcoin.Resistance, flipped support, and now being used again, as support. So falling below this level would also indicate lower lows and could signify a downtrend. Although if we do get a little bit of buying pressure here, that would be a great sign for Ethereum as it would keep its higher lows best case here would be some buying pressure to get priced back above that 200 day moving average.Using that 200 day moving average as support would be ideal to eventually move back up towards that 50 day and get that golden cross. Ethereum may have a bit of climbing to do, but it's definitely not out of the picture. And for some top gainers of the new year so far, we've got Zika. Luna and chain link Z cash rose about six and a half percent.Luna got up six and a half percent. And Shane linking up almost 10% since the new year and shame link climbing from $19 to $28. Since the new year has probably been the best gainer that I have seen so far as most cryptos are struggling in this time. As it gets really hesitant for Bitcoin and Ethereum chain.Definitely been performing very well. So definitely worth mentioning and keeping an eye on chain link. That's all the time we have for today. Guys. Thank you so much for tuning in can fall and subscribe to our podcasts, which will all be in the description below. Have a great daySupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Unedited Transcript:Hey everybody happy Thursday. My name is Joe Dewitt, and this is the crypto breakdown today. We're going to do some technical analysis on Bitcoin, Ethereum and doge coin. Starting off as usual with Bitcoin prices down 7% today. And the charts are not looking great yesterday. We had a beautiful green candlestick that looks like we were getting some upwards momentum out of this little situation.We're at here as prices sitting at 38,000 until today's candlestick opened and absolutely plummeted. All the way down to where the previous candlestick opened. Now, this is really shows how much hesitation is actually in the market and such huge selling pressure after a green day. That is definitely not a good sign though.I am not too bullish on Bitcoin for the long-term with all this hesitation and the market and bears still, I'm making an effort to push down. This could be at the start of a bear market on the upside. We just need to hold this 35,000 zone, which we aren't too far away from sitting at 38 to 39,000. Now there's 35,000 zone is a crucial level of support we've battled before.And if Bitcoin price falls below that, then I think it's definitely going to be revisiting 30 K down to 28. And that will not be the greatest sign for long-term trend. But for the short term, I would think that we're going to have a retest back down at 37. 37,000 is where we've had our most recent support level.Now looking over at a theorem, Ethereum is down 5% today and the chart also does not look too great. We're forming a similar situation as with Bitcoin yesterday had a great green candle stick and today a huge red candle stick just about the same size, meaning that bears are still in control on. There's a lot of selling pressure coming in.Not enough buying pressure volume is starting to fall out as we're getting a little bit less volume. It does seem like this could be the start of a reversal price is below the 25 day moving average. Now the good thing about Ethereum is that price is actually both. The candlesticks are actually touching that 25 day moving average, meaning that it is getting close to touching that resistance.Although what I don't like is that price has currently fallen below this at 2,600 support. And that zone would put us at 2,600 to 1700. So ideally we want to get right back out of there and get a little bit of buying pressure from the bulls and hold this 2,600 support would be crucial for Ethereum.If bowls can hold this 2,600 level of support, we will most likely consolidate for a few weeks and then we could get some momentum in the upwards direction. Otherwise if price continues to fall down towards the 1700, and as I mentioned with Bitcoin, this could be the start of a bear market. Price is struggling to continue to climb.Does look like we reached our stalling point and that price is not necessarily going to get much higher unless we have some sort of drastic buying pressure. Now taking a look at dos coin, doge coin is four and a half percent down today. And out of the three charts doge coin, it definitely looks the worst.Now it may be because it lacks one, a mental. And also just purely based on the chart, it is moving farther away from the 25 day moving average price is not close to any support levels. The most recent support here we have is it about 8 cents or eight, seven, if you want to be specific and prices sitting at 11 cents.So we're in a crucial zone here. Best case for doge coin would be to push up towards its 25 day moving average sitting at. 14 cents. Now, if those can get some buying pressure in that direction, that would be fantastic. And getting over 15 cents would put doge coin back into its cycle and the direction we're heading now. Those coin does not look like it is ready for a reversal. And the concerning part is volume is continuing to decrease while the red days, the actual bearish candle sticks are actually a lot larger than the green. So that selling pressure from bears is actually a little bit concerning. So we're looking for this reversal here at the 25 day moving average at about 13 cents.If we want to have any sort of bullish sentiment there, otherwise I would not be too happy holding doge and that's all the time we have for today, guys. Thank you so much for tuning in. You can follow, subscribe to the podcast, which will all be in description below. Have a great day Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryToday On Crypto Daily:You asked we answered! What is the difference between Crypto and Blockchain? What is proof of work ? What is proof of stake?#BTC, #ETH, #DOGEQuestions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everyone. Happy Friday. My name is Joe Dewitt and this is crypto daily. Jumping straight into it. Taking a look at Bitcoin yesterday's green candle stick closed above the previous red candle stick. Today, we are looking solid. We are looking towards an uptrend towards our all-time high of 64,000. It looks like Bitcoin is losing a little bit of volume.If we can continue to see that volume coming in, though, that would be a nice, a bullish sign. We will need that volume momentum to get back towards that 64 60 $5,000 zone. If we fail to see this volume, come in, that may be a sign for a little bit of consolidation for Bitcoin. Taking a look at a theorem.Ethereum looks good at this daily candlestick actually broke all time. Highs just barely, just by a few dollars. We quickly came down as price was contested. Ideally if market sentiment can stay strong. Volume can continue to come in with a theorem. We should get above that 4,400 level. If Bitcoin starts consolidating and momentum is lost theory and will be falling back towards that 4,000 levels zone.The doge coin chart is looking good. It looks like we are trending in the upwards direction. After yesterday's large green candlestick today is going to be a small pullback as people hesitate as price. It looks like now price is holding that 200 day moving average at 28 cents. If dos coin price action can continue to hold that 200 day moving average.We should bounce off of their back to that 35 cent zone looking towards an uptrend. And today I'm going to answer a question we have here at Penn Zynga, our cryptos and blockchain. The same on this is a very common question and misconception. Um, crypto and blockchain aren't necessarily the same, but crypto.Cryptocurrency are built on blockchains. So a crypto is an actual, what crypto means is cryptocurrency. So that is actually speaking of the asset itself. Blockchain in itself is a database. So it's essentially a collection of information that is stored electronically through the decentralized computers.And the, the blockchain is kept secure through different consensus mechanisms. Um, the two most prevalent being proof of work and proof of stake, proof of work where, um, computer power is used to verify transactions and proof of stake is where it liquidity is used to verify transactions. Both of these mechanisms are used to achieve agreement and security throughout the entire network.These are what allow blockchain to stay so secure. So crypto are built on blockchain, but they are not exactly the same. That's all the time we have today. Guys. Thank you so much. Make sure to follow and subscribe to our podcasts, which will all be in the description. Have a great weekend Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:In this episode, I explain what faucets are and list some of the top crypto faucets where you can accumulate free cryptocurrency.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everybody happy Wednesday. My name is Joe Dewitt, and this is the crypto breakdown. Today. I'm going to talk a bit on how to earn some free cryptocurrency, otherwise known as faucets. And for those of you that are unaware of what a faucet actually is. Let me explain it a little bit for you. So a faucet is a site or an app that actually rewards you with crypto for completing simple tasks like watching videos.Taking surveys or reading different articles. Sometimes referring friends also can get your rewards and every day the faucet will credit your Bitcoin wallet or whatever wallet you choose to use. And it'll actually send you the crypto most exchanges or platforms that actually do this. We'll have a.Or some sort of restriction on when you can actually withdraw the funds. So they'll make you hold it for 20 days, 30 days, however long to make sure that people don't just bounce between different faucets and earn as much free cash as possible. So there is a little bit of a limitation there. If you're comfortable waiting a bit to withdrawal your funds, it could still be very beneficial.So the reason that companies use these faucets is actually attracted visitors. So the amount of crypto that these companies give away as the marketing fee for bringing new people to their platform and usually doing this would involve making an account with the exchange or platform that you're trying to use.Adding your crypto wallet. Following the guidelines to complete some of the tasks who aren't some free crypto. Now I will mention a few of the top crypto faucets out right now. The first one being Binance, which Binance is very popular crypto exchange where you can buy and sell most crypto's.So Binance allows you to receive up to 50% discount on trading when you use their own tokens. So it's like getting paid for doing your regular trades, although with less risk and you can also receive free Bitcoin by inviting others to their platform. A second example would be Coinbase, which Coinbase is another very popular cryptocurrency. Exchange and wallet, which allows you to buy and sell cryptos and the faucets on Coinbase, they actually provide quite a bit. They have different videos, different articles that you can choose from different surveys that you can take, and they will reward you with quite a good amount of crypto that you can actually build up as crypto credit and then take out of.There's also a bonus Bitcoin, which is one of the most popular faucets around because of their very generous referral program, where you get up to 40% of commission on their earnings. Another great option would be block fi, which offers a wide range of options. When thinking about Bitcoin faucets, the same thing we've been discussing, there's videos, they're serving.Testing new apps. Some even like to play games and these rewards, you can get in as little as 30 minutes. So we're just watching a quick video. Their minimum withdrawal is $100. So you'd have to build up a little bit of a faucet that funds before you can withdrawal another great option. If you're looking for faucets would be cracking.com, which is another crypto exchange platform.Which offers roughly the same features of the others. And just a few more in case you are curious and would like to go out and earn yourself some free Bitcoin there's coin, faucet, moon cash, Toro, Gemini, and Satoshi quiz, which all gave up. Rewarded cryptocurrency for completing some of the tasks on their website.So if you are looking to build up a bit of crypto for free and you have a little bit of time on your hands, definitely check out some of these websites go over and see what they have to offer. There's nothing wrong with earning a little bit of free crypto. All right. And that's all the time we have for today, guys.Thank you so much for tuning in. I hope you can get out there and earn some free cryptocurrency as easy as possible. If you want to fall and subscribe to the podcast, that'll all be in the description. Have a great Wednesday quickly. I just want to say that this is not financial advice. I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets.Did you know nearly all stock price changes of 10% or more result from a single news headline? That's right. News headlines have a unique ability to drive stock prices up or down. These news catalysts create trading opportunities. Every. All you need is a little help to reach out and take them. And if you're looking to grow your portfolio, it doesn't matter if your investment budget is small or big, an easy to read stream of news headlines will increase your opportunities to profit from price changes in the stock market, consolidate a knowledge based investment strategy and grow your portfolio.All you need is Benzinga pro and it's powerful news alerts, price tracking, and portfolio monitoring. To make a positive change in your trading performance. We've already helped thousands of retail traders across the world, and they could not be happier. Increase your market knowledge, boost your exposure to big movers and make informed trades before major price changes.The opportunities are all around. You. Subscribe now and will skyrocket your portfolio today.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This is a replay of the episode that aired on Feb 14, 2022. Our host Joe Dewitt has lost his voice due to intense partying last night and will be back with us to evaluate crypto news and headlines again tomorrow. Stay tuned!Episode Summary:I talk about the common NFT scams you should watch out for. I explain what malicious NFT drops are and what an NFT Rug pull means how you can avoid them. I describe what a fake NFT marketplace looks like and how to spot it. Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey, everybody happy Monday. Hope you had a wonderful weekend. My name is Joe Dewitt and this is the crypto breakdown. So previously we took a look at some scams in crypto. And today we are going to take a look at some scams and NFTs. So the first one would be fake NFT stores. Now these are essentially stores with a very similar URL address with maybe one slight.And it actually looks exactly like the marketplace or does a replica of a certain marketplace. And what they do is they actually try and connect to your wallet. And the second that you connect your wallet to that third party, your wallet is then compromised. This has been a very popular way to gain access to individuals, crypto wallets.So it definitely be cautious when you're on a marketplace to make sure that it is actually the marketplace you intend to use another really popular NFT scam, um, would be counterfeit NFTs or artists, and personally. Now, ideally the great thing about NFTs is that this should be, um, verifiable. You should be able to go through and look at the blockchain and say, okay, this artist or this company, or this project, didn't actually make this NFT, but for a lot of people that are new in the space and new coming in 10 FTEs, it's really hard to make that distinguish.So they end up getting left with counterfeit and FTS or NFTs, essentially with Nova. Because they were actually not done by any sort of well-known artists. So this goes without saying, but when you were looking at an NFT project or hoping to purchase an NFT, it is definitely important to look through each scan or soul scan or whatever, um, blockchain you were using.Make sure to check the smart contract and make sure that you actually know what you were purchasing. This will really help you get an understanding of what you actually trying to purchase, and we'll help you stay away from counterfeits. Now, another very popular scam in the NFT community would be NFT airdrops.And essentially what they do is airdrop you malicious NFTs, hoping that you will interact with these contracts. Maybe send them to a different wallet, try and sell them on the marketplace. And by interacting with these smart contracts, you essentially are compromising your. Now there are some very wholesome airdrops out there.And, um, communities of NFTs that are just looking to, um, share NFTs and airdrop them to people to increase, demand and increase popularity. It is definitely important to consider the fact that there are malicious NFTs out there. That will be airdropped with the intent to hack your wall. Definitely. If you see an NFT in your wallet, that you have no clue how it got there best to not interact with it, or do some research before interacting with that smart contract.Now for the most popular scam in the NFT community, which has known as the rug, you may have heard the rug previously, essentially. Pulling out the rug from underneath investors, which in a literal sense is when it developers bring the project down to zero, whether it is by announcement or it is actually pulling the JPEG off of the blockchain because NFC is have to be updated.They have to be maintained on the blockchain. If a developer decides to pull their JPEG, they're essentially leaving the NFT worthless with no visual appeal, essentially rugging investors and bringing the collection down to zero because it is now worth nothing. There have been many projects. In the past, essentially, all that means is someone created a project with the hopes to make exponential growth and then just scam investors with no intent to make an actual real collection.Now, this is the most important crypto scam because it is the hardest to see coming. It is really hard to determine if something is going to be a rug. And most of the times when they are, it is projects that you. I think of, so the only way to go around this would be to just really put some effort into doing some research before you purchase it on Ft, making sure that the developers are well-known.And if they're not, if they're anonymous developers make sure that their white paper or their roadmap or whatever, they're using shows some sort of dedication to the community. Cause that will really go a long way. And if you can tell a developer is in it for the community and to give back to investors, then ideally it should be.Wholesome NFT collection. That's all the time we have for today, guys. Thank you so much for tuning in. You can follow it, subscribe to the podcast, which will all be in the description below. Have a great dSupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Episode SummaryToday On Crypto Breakdown Joe Dewitt looks at Bitcoin, Ethereum and Dogecoin amid the Omicron scare.He also looks at price action and volume for Omicron coin.Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:happy Monday, everyone. I hope you all had a wonderful Thanksgiving week. My name is Joe Dewitt, and this is the crypto breakdown. So over the holiday week, Bitcoin continued to. We had a nice red candle stick on the 26th and the last three days have been somewhat green volume coming in and the upwards direction, which is a great sign for Bitcoin here. We were previously falling down to that target of around 45,000, which was a pretty low zone, which would probably scare a lot of.Here with this little reversal, we are heading back up towards that 58,000, the coin price currently up 6% on the day. The best case for Bitcoin here would be to get a little bit of volume and push above that 58,000 level resistance, which was previously support, flipping that resistance as support, and then continuing to upwards trend to that.64,000 level of resistance would be ideal. If Bitcoin gets rejected from this 58,000 and will continue to fall down to that 45,000 level of support, taking a look over. Theory Ethereum looks surprisingly really good. It is up 7% on the day bouncing between its zone of 40 403,900, which it has been back and forth between for the last two weeks of Ethereum price never fell below.It had a very, very small. And quickly was bought right back up and moving up towards that 4,400 Ethereum does look like it is ready to just claim that resistance level and flip that and support flipping that as support would put us in territory of new all-time highs, which would be very exciting for Ethereum taking a look at the RSI, which is the relative strength in that.Does indicate that there is a little bit of overselling on Ethereum, which means that eventually people are going to come in and buy because the price is becoming oversold. Ethereum can keep up this momentum and stay above the 50 day, moving average and claim this level of resistance. I think it'll gain the momentum.It needs to push for all time. For some reason, if it gets rejected, I could imagine us bouncing between this exact zone because we haven't left it in quite some time. So it is hard to imagine us falling below, also with the London hard fork and the EIP 15 1,559 mechanism with the burning Mack that was burned over I think one minute.Ethereum with the London hard fork and that deflationary mechanism to decrease the supply. I think the price of Ethereum will be growing over the next month. They can look at doge coin. Doge coin is doing the best of them all today, up 10 and a half percent. This morning, those coin was not looking the best for a while.It was falling below that 50 day and 200 day moving. Heading down to its target of about 15 cents. Although it did get quite low reaching about 40% on that relative strength index, which indicated a strong oversold territory, which did cause a little bit of buying pressure here. So we have a nice green candlestick for dose coin today, price currently sitting at about 22 cents.And it does, and look here like those coin could hit a reversal up towards its 25 cent area. In order for that to happen, it's going to need to hop above that 50 day, moving average gain that as. And then push towards that 200 day at about 28 cents now, depending on Bitcoin. And if, if Bitcoin price does it's little fake out here and it gets denied from that 58,000, a dose coin will continue to fall to that 15 cents, just as all coins. Stereotypically tend to fall. Probably section of Bitcoin. So if Bitcoin's fundamentals do stay strong and it does clear that 58,000 and move in the upwards direction, it's very hard to imagine. Dose coin, continuing to fall down. Best case for doge coin would be clearing this 200 day moving average at about 28 cents and making its way up towards its current resistance zone of 35 cents here and today, guys, I'm going to talk about the new and popular coin Omicron which was a play off the new COVID-19 variant and how.So Omicron would fall under the category. For me personally, as a meme coin, it is a coin that was developed as something popular is growing in the real world. And to capitalize on that without necessarily having any really strong utility at the moment, it saw an all-time high of about $712 and is currently sitting at 369.So it had a very, very large selloff. Indicating that it had a very hard hype cycle, which drove price up. It rose over 900% in a day. So with a coin like this, it is really important to look at when a momentum is coming in. Something like Omicron, you do not want to be trading when there's no volume.If there are variable. Transactions coming in. It is not the best time to be trading because the best time to make money is when volume is coming in. So you'll want to wait for what is called a squeeze, which is when price is fluctuating due to the increase in people trading the asset. And that could be done by going on trading view, which is one of the world's most popular technical analysis websites.And you can pull up the squeeze momentum indicator as well as a relative strength index. And it take a look at price. It's good to look at price in general and the direction that it's heading, but taking into account. These indicators really helps because Alma Cron it is a hype coin, so it could easily from here start losing momentum as it could have seen its pump already.And with coins like these, you don't want to invest more than you were willing to lose because it is very skeptical asset. Now on the other hand assets like Bitcoin and Ethereum that are strong fundamentally and have a lot of. Trading those assets are a little different because they have a history of fundamentals and a history of utility.So although it is important to trade with volume because volume on any asset helps move the price of Ethereum and Bitcoin can be accumulated over periods of time. And what I mean by that is buying 20 $50 of Bitcoin every week would be much better than waiting for the dips of these types of. But I like to tell people is time in the market, beats timing the market.If you're going to wait every week, every month, every day for Bitcoin to drop below a certain price that you want to buy at chances are, it will never happen. I can tell you firsthand experience from many years of doing this. When you have a price target in mind, where you want to buy, it will hardly ever get there with very strong fundamentally assets.Like these. You want to be accumulating over a long period of time, which will help produce the best. Don't think about necessarily where the price has, where the price is at this moment. I'm sure it is important, but if you were looking for long-term gains it is important to just accumulate over time.That's all the time we have today. Guys. Thank you so much for tuning in, and I hope you all have a wonderful week. Make sure to follow and subscribe to our podcast and you can follow me on. Which will all be in the description below you guys have a great weekSupport this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Watch The Benzinga Global Small Cap Conference live hereEpisode SummaryToday On Crypto Daily:You asked we answered! Will Dogecoin Reach $1? BitcoinEthereumDogecoin up 25% today!Questions? Ask at joedewitt@benzinga.com and we will answer!Hosts:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelSubscribe to Moon or Bust PodcastPast Episodes of Daily CryptoDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Everybody happy Thursday. My name is Joe Dewitt, and this is crypto daily. The president of El Salvador announced that they just purchased another 420 Bitcoin bringing their total amount of Bitcoin to 1,120 current Bitcoin price looks great. Currently up 4% this morning, we have a large green candlestick today, which has close to a bullish engulfing.They bullish engulfing. If you were unaware is when a green candlestick covers the entire previous candlestick, but price held that 58,000 level support. Great. We bounced off of that. Heading back up to that, all-time highs on a. T 4,000, if volume can continue coming in and we can continue this momentum, we should be revisiting that all time high and no time.Taking a look at a theorem. Ethereum is following Bitcoin closely as its daily candlestick looks very similar to the Bitcoin chart. We are also up three and a half percent today for Ethereum. Ethereum slightly fell below its level of support of around 3,900, but quickly got bought up right back into that zone.And now we are on track headed back towards all time highs of about 4,300. Ideally for Ethereum, I would like to see a little bit more volume coming in to get that upwards momentum. If not, we most likely will to start to consolidate here and taking a look over at doge coin. Doge coin also looks fantastic this morning.We were up 25% with a humongous green candle. This candlestick actually got above the 200 day moving average. So if this green candlestick can close above the 200 day moving average, that would be a very bullish sign. We would need to hold that level of support. Um, as we make our way towards that 35 sentence.If price struggles here with the 200 day moving average, we might fall below putting our price back to 20 cents and retesting that 50 day moving average. And today, guys, I'm going to answer a question we have here at Benzinga. How likely is it for doge coin to reach $1? Keep in mind guys, this is not financial advice, just my personal opinion, but I would say that it's very unlikely for those coin to reach $1.This is because the current market cap for those coins is about 40 billion. So far doge coin to go to $1 that would mean a market cap of 140 billion, essentially four times in which would put the market cap of dos at the third largest cryptocurrency by market cap, which seems extremely unlikely.Considering Binance has a market cap of 76 billion and car 66 billion Solano 57. These are all, these are all chains with actual use cases. Some of them being layer one, um, and these coins actually have their own use cases. At the end of the day. It is not completely impossible to see those corner to dollar, maybe after a long period of time and some crypto market growth, but for the time being in the perceivable, $1 for doge coin does not look realistic anytime soon.That's all the time we have for today, guys. Thank you so much. Make sure to follow and subscribe to our podcasts. Follow me on Twitter, which will all be in the description below. Have a good day quickly. I just want to say that this is not financial advice. I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets.Support this podcast at — https://redcircle.com/crypto-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy