All right welcome back everybody to altcoin daily my name's austin we are witnessing a mini bloodbath i
- nto the weekend for bitcoin for these altcoins for this crypto market in fact the market has seen about 200 billion dollars shaved off in the space of a day while top coins like bitcoin and ethereum have dumped continuously and in today's artecle i want to talk about why we will also discuss altcoin news that.
you need to know so like always check the timestamps and while we'll get to price we'll get to this i do just want to start with some bullish news happening now in this industry goldman sachs has made its first ever bitcoin-backed loan so the global investment bank has allowed a borrower to use the cryptocurrency as collateral for a cash loan and i know this may not seem like a lot and i realize this won't move bitcoin's price in any meaningful way today but this is goldman sachs essentially.
saying we want your bitcoin we would be happy to accept your bitcoin as collateral that is a huge fundamental green flag long term for this industry in a direct quote from goldman making this announcement we recently extended a secured lending facility where we lent fiat collateralized on btc btc being owned by the borrower the interesting piece for us was the structure and the 24 7 365 day and that's true bitcoin doesnot stop it trades globally 24 7 365. so what this means for you as a bitcoin investor is do not be fooled on this day-to-daybearish price action but think big.
picture goldman sachs and others like it are laying the groundwork now for major crypto adoption pay attention to their actions and let's move forward to the real issue then why is bitcoin dumping bitcoin turns bearish in the short term as market dives into extreme fear and that's it that's exactly it if we take a look at the fear and greed index for crypto like right here we have just now again entered extreme fear and this is showing us sentiment in the market andwe just entered yesterday into this red zone for perspective last week we were just around fear last month we ar around greed the sentiment was greedy so
what does this mean for you and me as hodlers well number one understand that we could always get more fearful in the market we could always go down to zero we have 23 points away from zero but number two usually when the market is greedy that's the time to sell and when the market is fearful as warren buffett says that's the time to buy if you believe in the long-term viability of that asset anyway give me your thoughts down below how much significance do you put in to metrics like this but let's keep moving and talk about altcoins and again check the timestamps down below find the news that's best for.you
vechain can now be used as payment in over 2 million stores as well as vet being bridged to the binance ecosystem so vechain has made a series of announcements that look to substantially grow usability and adoption of it native vet token so a few different things there let's unpack each of these but essentially the v chain ecosystem is growing so first off the supply chain blockchain project vechain has announced a new partnership with crypto payment services alchemy pay that will allow people to.
use its vet token as payment in over 2 million stores throughout 70 different countries this one's not really as big of a deal to me just because i personally am not interested in using my crypto assets for payments they're investments for me i'd rather spend m dirty fiat and accumulate cryptocurrency because i see them more as investments that's me still cool that now v chainhas this functionality but this news came alongside its inclusion as a supported token on the recently launched binance bridge 2.0 this is a bigger deal to me because now v chain can be bridged over into the binance ecosystem making it even more.
interoperable so vechain was included in the first group of tokens to be supported on the new binance bridge 2.0 providing a new way to bridge tokens from ethereum to be used on the bnb chain formerly known as the binance smart chain the other bridge tokens included sandbox apecoin jasmie coin decentraland constitution dao etc etc so huge integration into a huge ecosystem for vechain and last but not least third announcement for vechain vechain also announced on thursday that it has joined the blockchain infrastructure alliance bia thisorganization links together industry.
experts and provides funding for blockchain related research projects in a direct quote from v chain's ceo on this new affiliation with bia by working together with this group of leading blockchains we can develop understanding and mutually support each other to lift the industry as a whole so some very good news for vechain and by the way ifyou're saying why doesn't this move price again think long term price fluctuates especially in cryptocurrency day to day but fundamental news like this is good long term in my opinion and next up let's talk about apecoin and their upcoming other side metaverse land auction but first i want to give a big shout out to sponsor of the channel the ftx app.
now you probably know the ftx app as one of the most respected fully regulated exchanges in the us with fees up to 85 cheaper than competitors and is trusted by millions of users now there is a special promotion runnin right now get up to 100 in crypto for free with altcoin daily by using code altcoin daily when you sign up and slash or this qr code right now so how do you do it how do you get free crypto with altcoin daily you are going to download the app use our code then fund your account to start trading and.
then earn up to a hundred dollars in crypto when you trade a hundred dollars or more you'll earn 10 bucks when you trade 500 or more you'll earn 50 bucks in crypto and when you trade 1 000 or more then you can earn 100 free in cryptocurrency get started today there's a link dow below that's ftx.us partners slash altcoin daily take advantage link down below and next up let's talk about ape apecoin hits another all-time high ahead of this week's other side land auction
so the reason ape is pumping is because.
they're allow about to launch the metaverse where you will need ape to buy the land the other side launch will consist of a dutch auction style sale and only know your customer kyc approved wallets will be allowed to participate in the sale of the first 100 000 land parcels all sales will be paid for using ape which is clearly helping to drive demand for the token hire as interested parties accumulate the token in anticipation of the sale and this land sale is actually happening tomorrow if you just hold ape you will be kyc'd if you just hold the token but wallets that already hold a board api.
club nft or a mutant api club nft will be able to claim a land parcel for free for 21 days after the auction without needing to be kyc approved to claim so this is the main reason i would say that we're seeing a coin pump the other big reason is this board apiac club's apecoin soars as the community mulls dow proposals so apecoin at its core is a governance token and with that if you hold it you get voting power in the community there are currently three ape improvement proposals aips that will.
close on may 4th aip21 and aip22 for example propose continued modifications for staking the apecoin token so they're modifying how apecoin can be staked the rules etc as well as a ip7 is less technical proposing a change on how discussions are formalized within the dow alongside these three active proposals two additional aips are also under discussion so just minor improvements optimizations that are going up for votes but this is why people are holding ape and next piece of quick yet surprising.
news for zcash edward snowden turns out played a key role in z cash privacy coins creation the nsa whistleblower and privacy advocate was one of six participants in the cryptocurrencies fabled 2016 trusted setup ceremony he was using a pseudonym so why are we just learning about this information now well his previously undisclosed involvement in the 2016 ceremony was revealed recently in a artecle set released on thursday by zcash media an outfit that produces educational materials about the privacy coin so this was in a video released by zcash and in
that artecle snowden spoke himself about why he joined zcash i saw it being worked on by a number of trusted academic cryptographers and i thought it was a very interesting project and back then he did use the pseudonym john doberton to hide his role in the setup now snowden did have one caveat one thing he did want known in this recent doxxing he wanted the people to know as long as it's clear that i was never paid and had no stake in zcash it was just a public interest thing yes i think you can tell people interesting does this make you like cash a little more a little less doesn't matter.
\
i would honestly say and doesn't really matter in the grand scheme of things but i do think this is kind of interesting so so maybe maybe it makes me like zcash a little more still don't own any but give me your thoughts dow.all right welcome back everybody to altcoin daily my name's austin we are witnessing a mini bloodbath into the weekend for bitcoin for these altcoins for this crypto market in fact the market has seen about 200 billion dollars shaved off in the space of a day while top coins like bitcoin and ethereum have dumped continuously and in today's artecle i want to talk about why we will also discuss altcoin news that.
you need to know so like always check the timestamps and while we'll get to price we'll get to this i do just want to start with some bullish news happening now in this industry goldman sachs has made its first ever bitcoin-backed loan so the global investment bank has allowed a borrower to use the cryptocurrency as collateral for a cash loan and i know this may not seem like a lot and i realize this won't move bitcoin's price in any meaningful way today but this is goldman sachs essentially.
saying we want your bitcoin we would be happy to accept your bitcoin as collateral that is a huge fundamental green flag long term for this industry in a direct quote from goldman making this announcement we recently extended a secured lending facility where we lent fiat collateralized on btc btc being owned by the borrower the interesting piece for us was the structure and the 24 7 365 day riskmanagement and that's true bitcoin doesnot stop it trades globally 24 7 365. so what this means for you as a bitcoin investor is do not be fooled on this day-to-daybearish price action but think big.
picture goldman sachs and others like it are laying the groundwork now for major crypto adoption pay attention to their actions and let's move forward to the real issue then why is bitcoin dumping bitcoin turns bearish in the short term as market dives into extreme fear and that's it that's exactly it if we take a look at the fear and greed index for crypto like right here we have just now again entered extreme fear and this is showing us sentiment in the market andwe just entered yesterday into this red zone for perspective last week we were just around fear last month we ar around greed the sentiment was greedy so
what does this mean for you and me as hodlers well number one understand that we could always get more fearful in the market we could always go down to zero we have 23 points away from zero but number two usually when the market is greedy that's the time to sell and when the market is fearful as warren buffett says that's the time to buy if you believe in the long-term viability of that asset anyway give me your thoughts down below how much significance do you put in to metrics like this but let's keep moving and talk about altcoins and again check the timestamps down below find the news that's best for.you
vechain can now be used as payment in over 2 million stores as well as vet being bridged to the binance ecosystem so vechain has made a series of announcements that look to substantially grow usability and adoption of it native vet token so a few different things there let's unpack each of these but essentially the v chain ecosystem is growing so first off the supply chain blockchain project vechain has announced a new partnership with crypto payment services alchemy pay that will allow people to.
use its vet token as payment in over 2 million stores throughout 70 different countries this one's not really as big of a deal to me just because i personally am not interested in using my crypto assets for payments they're investments for me i'd rather spend m dirty fiat and accumulate cryptocurrency because i see them more as investments that's me still cool that now v chainhas this functionality but this news came alongside its inclusion as a supported token on the recently launched binance bridge 2.0 this is a bigger deal to me because now v chain can be bridged over into the binance ecosystem making it even more.
interoperable so vechain was included in the first group of tokens to be supported on the new binance bridge 2.0 providing a new way to bridge tokens from ethereum to be used on the bnb chain formerly known as the binance smart chain the other bridge tokens included sandbox apecoin jasmie coin decentraland constitution dao etc etc so huge integration into a huge ecosystem for vechain and last but not least third announcement for vechain vechain also announced on thursday that it has joined the blockchain infrastructure alliance bia thisorganization links together industry.
experts and provides funding for blockchain related research projects in a direct quote from v chain's ceo on this new affiliation with bia by working together with this group of leading blockchains we can develop understanding and mutually support each other to lift the industry as a whole so some very good news for vechain and by the way ifyou're saying why doesn't this move price again think long term price fluctuates especially in cryptocurrency day to day but fundamental news like this is good long term in my opinion and next up let's talk about apecoin and their upcoming other side metaverse land auction but first i want to give a big shout out to sponsor of the channel the ftx app.
now you probably know the ftx app as one of the most respected fully regulated exchanges in the us with fees up to 85 cheaper than competitors and is trusted by millions of users now there is a special promotion runnin right now get up to 100 in crypto for free with altcoin daily by using code altcoin daily when you sign up and slash or this qr code right now so how do you do it how do you get free crypto with altcoin daily you are going to download the app use our code then fund your account to start trading and.
then earn up to a hundred dollars in crypto when you trade a hundred dollars or more you'll earn 10 bucks when you trade 500 or more you'll earn 50 bucks in crypto and when you trade 1 000 or more then you can earn 100 free in cryptocurrency get started today there's a link dow below that's ftx.us partners slash altcoin daily take advantage link down below and next up let's talk about ape apecoin hits another all-time high ahead of this week's other side land auction
so the reason ape is pumping is because.
they're allow about to launch the metaverse where you will need ape to buy the land the other side launch will consist of a dutch auction style sale and only know your customer kyc approved wallets will be allowed to participate in the sale of the first 100 000 land parcels all sales will be paid for using ape which is clearly helping to drive demand for the token hire as interested parties accumulate the token in anticipation of the sale and this land sale is actually happening tomorrow if you just hold ape you will be kyc'd if you just hold the token but wallets that already hold a board api.
club nft or a mutant api club nft will be able to claim a land parcel for free for 21 days after the auction without needing to be kyc approved to claim so this is the main reason i would say that we're seeing a coin pump the other big reason is this board apiac club's apecoin soars as the community mulls dow proposals so apecoin at its core is a governance token and with that if you hold it you get voting power in the community there are currently three ape improvement proposals aips that will.
close on may 4th aip21 and aip22 for example propose continued modifications for staking the apecoin token so they're modifying how apecoin can be staked the rules etc as well as a ip7 is less technical proposing a change on how discussions are formalized within the dow alongside these three active proposals two additional aips are also under discussion so just minor improvements optimizations that are going up for votes but this is why people are holding ape and next piece of quick yet surprising.
news for zcash edward snowden turns out played a key role in z cash privacy coins creation the nsa whistleblower and privacy advocate was one of six participants in the cryptocurrencies fabled 2016 trusted setup ceremony he was using a pseudonym so why are we just learning about this information now well his previously undisclosed involvement in the 2016 ceremony was revealed recently in a artecle set released on thursday by zcash media an outfit that produces educational materials about the privacy coin so this was in a video released by zcash and in
that artecle snowden spoke himself about why he joined zcash i saw it being worked on by a number of trusted academic cryptographers and i thought it was a very interesting project and back then he did use the pseudonym john doberton to hide his role in the setup now snowden did have one caveat one thing he did want known in this recent doxxing he wanted the people to know as long as it's clear that i was never paid and had no stake in zcash it was just a public interest thing yes i think you can tell people interesting does this make you like cash a little more a little less doesn't matter.
\
i would honestly say and doesn't really matter in the grand scheme of things but i do think this is kind of interesting so so maybe maybe it makes me like zcash a little more still don't own any but give me your thoughts dow.all right welcome back everybody to altcoin daily my name's austin we are witnessing a mini bloodbath into the weekend for bitcoin for these altcoins for this crypto market in fact the market has seen about 200 billion dollars shaved off in the space of a day while top coins like bitcoin and ethereum have dumped continuously and in today's artecle i want to talk about why we will also discuss altcoin news that.
you need to know so like always check the timestamps and while we'll get to price we'll get to this i do just want to start with some bullish news happening now in this industry goldman sachs has made its first ever bitcoin-backed loan so the global investment bank has allowed a borrower to use the cryptocurrency as collateral for a cash loan and i know this may not seem like a lot and i realize this won't move bitcoin's price in any meaningful way today but this is goldman sachs essentially.
saying we want your bitcoin we would be happy to accept your bitcoin as collateral that is a huge fundamental green flag long term for this industry in a direct quote from goldman making this announcement we recently extended a secured lending facility where we lent fiat collateralized on btc btc being owned by the borrower the interesting piece for us was the structure and the 24 7 365 day riskmanagement and that's true bitcoin doesnot stop it trades globally 24 7 365. so what this means for you as a bitcoin investor is do not be fooled on this day-to-daybearish price action but think big.
picture goldman sachs and others like it are laying the groundwork now for major crypto adoption pay attention to their actions and let's move forward to the real issue then why is bitcoin dumping bitcoin turns bearish in the short term as market dives into extreme fear and that's it that's exactly it if we take a look at the fear and greed index for crypto like right here we have just now again entered extreme fear and this is showing us sentiment in the market andwe just entered yesterday into this red zone for perspective last week we were just around fear last month we ar around greed the sentiment was greedy so
what does this mean for you and me as hodlers well number one understand that we could always get more fearful in the market we could always go down to zero we have 23 points away from zero but number two usually when the market is greedy that's the time to sell and when the market is fearful as warren buffett says that's the time to buy if you believe in the long-term viability of that asset anyway give me your thoughts down below how much significance do you put in to metrics like this but let's keep moving and talk about altcoins and again check the timestamps down below find the news that's best for.you
vechain can now be used as payment in over 2 million stores as well as vet being bridged to the binance ecosystem so vechain has made a series of announcements that look to substantially grow usability and adoption of it native vet token so a few different things there let's unpack each of these but essentially the v chain ecosystem is growing so first off the supply chain blockchain project vechain has announced a new partnership with crypto payment services alchemy pay that will allow people to.
use its vet token as payment in over 2 million stores throughout 70 different countries this one's not really as big of a deal to me just because i personally am not interested in using my crypto assets for payments they're investments for me i'd rather spend m dirty fiat and accumulate cryptocurrency because i see them more as investments that's me still cool that now v chainhas this functionality but this news came alongside its inclusion as a supported token on the recently launched binance bridge 2.0 this is a bigger deal to me because now v chain can be bridged over into the binance ecosystem making it even more.
interoperable so vechain was included in the first group of tokens to be supported on the new binance bridge 2.0 providing a new way to bridge tokens from ethereum to be used on the bnb chain formerly known as the binance smart chain the other bridge tokens included sandbox apecoin jasmie coin decentraland constitution dao etc etc so huge integration into a huge ecosystem for vechain and last but not least third announcement for vechain vechain also announced on thursday that it has joined the blockchain infrastructure alliance bia thisorganization links together industry.
experts and provides funding for blockchain related research projects in a direct quote from v chain's ceo on this new affiliation with bia by working together with this group of leading blockchains we can develop understanding and mutually support each other to lift the industry as a whole so some very good news for vechain and by the way ifyou're saying why doesn't this move price again think long term price fluctuates especially in cryptocurrency day to day but fundamental news like this is good long term in my opinion and next up let's talk about apecoin and their upcoming other side metaverse land auction but first i want to give a big shout out to sponsor of the channel the ftx app.
now you probably know the ftx app as one of the most respected fully regulated exchanges in the us with fees up to 85 cheaper than competitors and is trusted by millions of users now there is a special promotion runnin right now get up to 100 in crypto for free with altcoin daily by using code altcoin daily when you sign up and slash or this qr code right now so how do you do it how do you get free crypto with altcoin daily you are going to download the app use our code then fund your account to start trading and.
then earn up to a hundred dollars in crypto when you trade a hundred dollars or more you'll earn 10 bucks when you trade 500 or more you'll earn 50 bucks in crypto and when you trade 1 000 or more then you can earn 100 free in cryptocurrency get started today there's a link dow below that's ftx.us partners slash altcoin daily take advantage link down below and next up let's talk about ape apecoin hits another all-time high ahead of this week's other side land auction
so the reason ape is pumping is because.
they're allow about to launch the metaverse where you will need ape to buy the land the other side launch will consist of a dutch auction style sale and only know your customer kyc approved wallets will be allowed to participate in the sale of the first 100 000 land parcels all sales will be paid for using ape which is clearly helping to drive demand for the token hire as interested parties accumulate the token in anticipation of the sale and this land sale is actually happening tomorrow if you just hold ape you will be kyc'd if you just hold the token but wallets that already hold a board api.
club nft or a mutant api club nft will be able to claim a land parcel for free for 21 days after the auction without needing to be kyc approved to claim so this is the main reason i would say that we're seeing a coin pump the other big reason is this board apiac club's apecoin soars as the community mulls dow proposals so apecoin at its core is a governance token and with that if you hold it you get voting power in the community there are currently three ape improvement proposals aips that will.
close on may 4th aip21 and aip22 for example propose continued modifications for staking the apecoin token so they're modifying how apecoin can be staked the rules etc as well as a ip7 is less technical proposing a change on how discussions are formalized within the dow alongside these three active proposals two additional aips are also under discussion so just minor improvements optimizations that are going up for votes but this is why people are holding ape and next piece of quick yet surprising.
news for zcash edward snowden turns out played a key role in z cash privacy coins creation the nsa whistleblower and privacy advocate was one of six participants in the cryptocurrencies fabled 2016 trusted setup ceremony he was using a pseudonym so why are we just learning about this information now well his previously undisclosed involvement in the 2016 ceremony was revealed recently in a artecle set released on thursday by zcash media an outfit that produces educational materials about the privacy coin so this was in a video released by zcash and in
that artecle snowden spoke himself about why he joined zcash i saw it being worked on by a number of trusted academic cryptographers and i thought it was a very interesting project and back then he did use the pseudonym john doberton to hide his role in the setup now snowden did have one caveat one thing he did want known in this recent doxxing he wanted the people to know as long as it's clear that i was never paid and had no stake in zcash it was just a public interest thing yes i think you can tell people interesting does this make you like cash a little more a little less doesn't matter.
\
i would honestly say and doesn't really matter in the grand scheme of things but i do think this is kind of interesting so so maybe maybe it makes me like zcash a little more still don't own any but give me your thoughts dow.all right welcome back everybody to altcoin daily my name's austin we are witnessing a mini bloodbath into the weekend for bitcoin for these altcoins for this crypto market in fact the market has seen about 200 billion dollars shaved off in the space of a day while top coins like bitcoin and ethereum have dumped continuously and in today's artecle i want to talk about why we will also discuss altcoin news that.
you need to know so like always check the timestamps and while we'll get to price we'll get to this i do just want to start with some bullish news happening now in this industry goldman sachs has made its first ever bitcoin-backed loan so the global investment bank has allowed a borrower to use the cryptocurrency as collateral for a cash loan and i know this may not seem like a lot and i realize this won't move bitcoin's price in any meaningful way today but this is goldman sachs essentially.
saying we want your bitcoin we would be happy to accept your bitcoin as collateral that is a huge fundamental green flag long term for this industry in a direct quote from goldman making this announcement we recently extended a secured lending facility where we lent fiat collateralized on btc btc being owned by the borrower the interesting piece for us was the structure and the 24 7 365 day riskmanagement and that's true bitcoin doesnot stop it trades globally 24 7 365. so what this means for you as a bitcoin investor is do not be fooled on this day-to-daybearish price action but think big.
picture goldman sachs and others like it are laying the groundwork now for major crypto adoption pay attention to their actions and let's move forward to the real issue then why is bitcoin dumping bitcoin turns bearish in the short term as market dives into extreme fear and that's it that's exactly it if we take a look at the fear and greed index for crypto like right here we have just now again entered extreme fear and this is showing us sentiment in the market andwe just entered yesterday into this red zone for perspective last week we were just around fear last month we ar around greed the sentiment was greedy so
what does this mean for you and me as hodlers well number one understand that we could always get more fearful in the market we could always go down to zero we have 23 points away from zero but number two usually when the market is greedy that's the time to sell and when the market is fearful as warren buffett says that's the time to buy if you believe in the long-term viability of that asset anyway give me your thoughts down below how much significance do you put in to metrics like this but let's keep moving and talk about altcoins and again check the timestamps down below find the news that's best for.you
vechain can now be used as payment in over 2 million stores as well as vet being bridged to the binance ecosystem so vechain has made a series of announcements that look to substantially grow usability and adoption of it native vet token so a few different things there let's unpack each of these but essentially the v chain ecosystem is growing so first off the supply chain blockchain project vechain has announced a new partnership with crypto payment services alchemy pay that will allow people to.
use its vet token as payment in over 2 million stores throughout 70 different countries this one's not really as big of a deal to me just because i personally am not interested in using my crypto assets for payments they're investments for me i'd rather spend m dirty fiat and accumulate cryptocurrency because i see them more as investments that's me still cool that now v chainhas this functionality but this news came alongside its inclusion as a supported token on the recently launched binance bridge 2.0 this is a bigger deal to me because now v chain can be bridged over into the binance ecosystem making it even more.
interoperable so vechain was included in the first group of tokens to be supported on the new binance bridge 2.0 providing a new way to bridge tokens from ethereum to be used on the bnb chain formerly known as the binance smart chain the other bridge tokens included sandbox apecoin jasmie coin decentraland constitution dao etc etc so huge integration into a huge ecosystem for vechain and last but not least third announcement for vechain vechain also announced on thursday that it has joined the blockchain infrastructure alliance bia thisorganization links together industry.
experts and provides funding for blockchain related research projects in a direct quote from v chain's ceo on this new affiliation with bia by working together with this group of leading blockchains we can develop understanding and mutually support each other to lift the industry as a whole so some very good news for vechain and by the way ifyou're saying why doesn't this move price again think long term price fluctuates especially in cryptocurrency day to day but fundamental news like this is good long term in my opinion and next up let's talk about apecoin and their upcoming other side metaverse land auction but first i want to give a big shout out to sponsor of the channel the ftx app.
now you probably know the ftx app as one of the most respected fully regulated exchanges in the us with fees up to 85 cheaper than competitors and is trusted by millions of users now there is a special promotion runnin right now get up to 100 in crypto for free with altcoin daily by using code altcoin daily when you sign up and slash or this qr code right now so how do you do it how do you get free crypto with altcoin daily you are going to download the app use our code then fund your account to start trading and.
then earn up to a hundred dollars in crypto when you trade a hundred dollars or more you'll earn 10 bucks when you trade 500 or more you'll earn 50 bucks in crypto and when you trade 1 000 or more then you can earn 100 free in cryptocurrency get started today there's a link dow below that's ftx.us partners slash altcoin daily take advantage link down below and next up let's talk about ape apecoin hits another all-time high ahead of this week's other side land auction
so the reason ape is pumping is because.
they're allow about to launch the metaverse where you will need ape to buy the land the other side launch will consist of a dutch auction style sale and only know your customer kyc approved wallets will be allowed to participate in the sale of the first 100 000 land parcels all sales will be paid for using ape which is clearly helping to drive demand for the token hire as interested parties accumulate the token in anticipation of the sale and this land sale is actually happening tomorrow if you just hold ape you will be kyc'd if you just hold the token but wallets that already hold a board api.
club nft or a mutant api club nft will be able to claim a land parcel for free for 21 days after the auction without needing to be kyc approved to claim so this is the main reason i would say that we're seeing a coin pump the other big reason is this board apiac club's apecoin soars as the community mulls dow proposals so apecoin at its core is a governance token and with that if you hold it you get voting power in the community there are currently three ape improvement proposals aips that will.
close on may 4th aip21 and aip22 for example propose continued modifications for staking the apecoin token so they're modifying how apecoin can be staked the rules etc as well as a ip7 is less technical proposing a change on how discussions are formalized within the dow alongside these three active proposals two additional aips are also under discussion so just minor improvements optimizations that are going up for votes but this is why people are holding ape and next piece of quick yet surprising.
news for zcash edward snowden turns out played a key role in z cash privacy coins creation the nsa whistleblower and privacy advocate was one of six participants in the cryptocurrencies fabled 2016 trusted setup ceremony he was using a pseudonym so why are we just learning about this information now well his previously undisclosed involvement in the 2016 ceremony was revealed recently in a artecle set released on thursday by zcash media an outfit that produces educational materials about the privacy coin so this was in a video released by zcash and in
that artecle snowden spoke himself about why he joined zcash i saw it being worked on by a number of trusted academic cryptographers and i thought it was a very interesting project and back then he did use the pseudonym john doberton to hide his role in the setup now snowden did have one caveat one thing he did want known in this recent doxxing he wanted the people to know as long as it's clear that i was never paid and had no stake in zcash it was just a public interest thing yes i think you can tell people interesting does this make you like cash a little more a little less doesn't matter.
\
i would honestly say and doesn't really matter in the grand scheme of things but i do think this is kind of interesting so so maybe maybe it makes me like zcash a little more still don't own any but give me your thoughts dow.
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