Dogecoin Adoption Coming!

Dogecoin Adoption Coming!

hey everybody Chris here this video
we’re going to be talking about crypto
adoption particularly Dogecoin and also
what’s going on with the SEC FBI and
others even in the EU not just the
United
States trying to battle against crypto
but is it really going to stick please
be sure to subscribe to my channel hit
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notified when my new videos come out as
well as when I do live streams and the
next live stream will be Friday at 5:00
going to be diving in a little more to
cap gains taxes uh and other challenges
that we have facing Us in this crypto
space but then Dogecoin always seems to
come through and we’re waiting for that
as well so let’s get into it let me show
you closer look of what I’m looking at
so we start here looking at the Dogecoin
chart this is a 4-Hour chart and this is
look I mean look where we are we’re just
under 15 cents now exactly where we were
yesterday exactly where we were last
week and even up to almost two weeks ago
so this is sideways trading and I know
it’s kind of boring a little bit and
look at the volume the Dogecoin volume
is really ticked down there’s just
everyone’s kind of in this wait and see
mode it looks like and look at Bitcoin
Bitcoin dropping just under 64,000 but
again that’s where we were yesterday and
then at the having that’s where we were
as we went right through the Bitcoin
having and even almost two weeks ago
Bitcoin was right here as well so even
Bitcoin is going sideways and overall
the market is mixed look we got a mix of
green and red everything’s just kind
of kind of going sideways a bit there’s
some projects that I mean look at
Litecoin up about 5% there but it’s
still sideways what’s going on FBI
cautions against non- kyc Bitcoin and
crypto money transmitting services say
what’s this this is an
FBI FBI Public Service
Announcement so going at from a little
different direction and they’re just
saying hey look guys they’re they’re
talking to us right they’re talking to
us in the United States
saying avoid cryptocurrency money
transmitting services that do not
collect the know your customer or kyc
information so it’s just a little
warning but it’s like if you’re using
one of these Services where you’re not
doing
kyc be
careful the SEC expected to deny spot
ether ETFs next month according to
Industry sources so it looks like the
SEC may not be quite so sure
about ETFs for other cryptos
particularly eth and eth used to be a
proof of work cryptocurrency changed
over to proof of State AK SEC doesn’t
like that they don’t like staking so
looks like it looks like this the ETFs
for eth may not be accepted but Black
Rock has one of those applications and
black rock typically doesn’t lose so
it’ll be interesting to see what
Larry how how he negotiates this with
the SEC but so
far communication with the SEC has not
been as good on eth as it was on BTC but
then of course Gary said the BTC one got
approved because of the courts so what
does that mean
well it’s not only the United States
though but it’s the EU EU anti-money
laundering bill passes final
vote which again is a warning to crypto
asset service providers in the EU
you know their part to enhance due
diligence measures and checks on
customers identity including so-called
crypto asset manager so this isn’t just
happening in the United States but looks
like the
EU is trying
to figure out how to deal with
crypto but what’s Happening Here
consensus with the metamask
wallet they got this Wells notice but
they say
look we’re not just going to sit
here and take this we’re going to fight
back so what did they do well the US
Securities and Exchange Commission seeks
to regulate eth as a security even
though eth Bears none of the attributes
attributes of a security and even though
the SEC has previously told the world
that eth is not a security not within
the sec’s statutory
jurisdiction so it’s interesting that
consensus
the maker of metamask is
suing the SEC back and with that they
are also saying they’re also getting the
eth
into into this lawsuit so that they can
get the courts to say what eth
is in a way that gets eth approved as a
spot ETF now all this is going to take a
while it’s in the courts we’ll see what
happens but consensuses lawsuit is the
growing trend of us crypto companies and
organizations willing to fight back
against what they see as
overzealous
regulation very interesting there we
also have a blockchain Association and
crypto activist group suing the the SEC
over a dealer rule so we have blockchain
Association ba and the crypto Freedom
Alliance of
taxes they filed a new lawsuit against
the SEC in the Northern District of
Texas in February the SEC adopted new
rules which redefine dealer and
government securities dealer
and the lawsuits basically saying look
you don’t have the right to say
this so they’re also saying that the
more and more that these kinds of uh uh
regulations are are are made it
threatens to drive us companies offshore
and incite fear in American
innovators so how do we fight that back
well one thing is stripe is doing stripe
they’re just going ahead and they’re
saying look we’re going to bring back
crypto
payments and they’re doing it via usdc
stable coin well it’s a stable coin yet
they used to do it with Bitcoin Bitcoin
was too volatile in its price so they
had stopped that so now they’re bringing
crypto payments
back through
stripe but starting with just the usdc
stable coin
but I think that that’s okay even though
it’s a stable coin you it’s not Bitcoin
not Dogecoin not at least at the start
but it’s least a first step back crypto
is back strip will start supporting
Global stable coin payments this summer
transactions instantly settle on
chain and there’s this demo on X you can
see from John Collison where he kind of
goes through the demo and he shows how
it used to be or how it is now and how
it will look when you have that crypto
choice for payments so this is again
stripe is going ahead with something
that could get them in trouble of course
they’re starting with a stable
coin but that just open the door
for a commodity like Bitcoin or even
Dogecoin we’ll see and meanwhile
coinbase is is bringing these ads
together and these ads are against the
banks because this funny one about the
about pizza here call I’d like to order
a pizza please hold with with a order
pleas Pizza a large pepperoni pizza for
delivery chunks that that get taken
out along the way when you try and make
a paint let’s say you use a credit card
or something with the
bank all of these little pieces of taken
out of that charge so there’s the piece
that it’s made and right away there’s a
chunk taken out of it
right cuz when you’re using a credit
card it’s K and so you get all these
people like taking their little bites
out of it all these little Seas so by
the time the pizza this commercial is
about
along it’s not the whole thing it’s just
little little pieces of it because all
the banks and all the fees have taken
all of their little chunks out of it
crypto doesn’t have that crypto just has
one small fee for the mining and that’s
it that little bit of fee and that’s
it peer-to-peer
transactions without all those little
chunks getting taken
out so where are we overall look on the
monthly Bitcoin chart Kevin Fenson says
while everybody is focused on fud news
and distractions Bitcoin can continues
to make progress 2021
resistance is on the monthly chart is
now the 2024
support the best part of this BTC chart
is that it’s not a prediction it’s just
the chart this is what it is this is
where we are now and where are we going
well mag says look again altcoins right
here’s what we did last cycle preh
having POS having what happened POS
having altcoins did a
21x even this time around post having if
we only did a
3X we would get to a four
trillion market cap just in
altcoins so mag says altcoins go
parabolic after the Bitcoin having
during the last cycle altcoin market cap
surged by
21x currently price is trading at about
1 trillion it’s 1 trillion in altcoins
even if it only went 3x from here would
be over $4 trillion alt still got a lot
of fuel to go consider the current
situation is
accumulation move like a whale sell like
a
whale so this is what’s coming and what
about
Dogecoin Dogecoin has their Futures
coming future trading on coinbase they
might be imminent as these mysterious
transfers hint what do we have we
have nearly
557 million do equivalent to $68 million
detected earlier today by whale alert
the transfers are into
wallets that are identified as being
coinbase wallets
and what we think this is is this is
coinbase positioning themselves to start
the Doge Futures Trading on
Monday they already started Bitcoin cash
and
Litecoin it’s now time for
Doge these wallets are being set
up so that that Futures Trading can
start Dogecoin price analysis can Doge
stay stay above 50 15 cents amid bnk
dominance well we already know that
we’re struggling in the upper 14s at the
moment bnk Pepe other memes have been
trading really well we know
that it’s going to be doa’s turn soon we
know that with Doge our Dogecoin and
sheba enu Prime for the next leg up
despite recent red monthly performances
significant developments are underway
for mem coin leaders Dogecoin and sheep
sheep has a transformative Network
upgrade coming on May 2nd Dogecoin has
these large whale movements we think is
related to those Futures that is all
good we know sheep is going to go on a
run sometime too many eth whales are
behind she that’s going to be coming but
Doge if we look back at that stripe news
Justin says as an EXC Creator I’d love
to receive my future Creator payments in
Dogecoin strike
is
already linked with X right you have to
have that stripe set up to be paid as
Creator so stripe payout payment from X
formerly Twitter could be
Doge stripe is releasing crypto payments
you’re not asking when
Dogecoin and then do hippi says stripe
just announced they will be
incorporating crypto again their video
has subliminal message
depicting a dog see
that X uses stripe for payment
processing so this is a necessary step
for X to support Dogecoin payments via
stripe in the future this could be just
that next little
clue of
Dogecoin on X meanwhile again we have
Dogecoin
trading just how it has been for two
weeks
now this is accumulation time join in
the live stream at 5 o’clock we’ll be
talking more about where Dogecoin is
we’ll be talking about again this other
tax thing and what else could be going
on join in leave a comment below let me
know what you think about crypto and
Dogecoin adoption give the video a like
if you haven’t already please subscribe
to my channel I appreciate the support
we’ll see you next time
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Crypto and Dogecoin adoption is growing, despite the FUD coming from the SEC and FBI. Who is fighting back? I talk about all of that in this video.

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Outro Music:
Bicycle – Kevin MacLeod (incompetech.com)
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#Dogecoin #Doge #Price #Crypto #Market #Cryptocurrency