Polkadot EXPLODES as Bitcoin Bulls TAKE CONTROL (ETF Approval Imminent)
Welcome to big boy crypto: this is your daily crypto wrap up. Where i give you all the days news and between two and four minutes i don't know we'll, see what happens uh guys. Let me tell you this. Crypto's going crazy right now, while i'm recording this video, we are seeing some insane things from bitcoin and many other coins.
Polka dots, specifically, we'll get into in a minute, but let's. Check out the markets we got bitcoin coming in at coming in at 58. 500. Basically, is what it is. 58 444 right now, but it just touched off.
58 500.. Uh 58.6 is a big resistance level. If we get above that, we are off to the race. We got some reasons to think that could be happening soon. Ethereum almost back at 3700, inching back to four thousand dollars at 36.
50 uh. We have finance coin with a huge pump today it shows only three percent, but this thing's at 470. It just touched off 400 two days ago, so definitely up almost like 25 in just a couple of days, pretty phenomenal even aida's.
Getting in the action back to 220 xrp at a dollar 14 dot huge pump. We'll. Look at that here, uh biggest pumper of the day. Tell coin you better tell somebody but look at that dot. Coming at 15.7 percent.
You got ohm waves, kusama, xlm and v chain, all at 10 or above gains. So let's, get into what is going on with polka dot. Why is this coin exploding? Well, we got the date november 11th as the official date that the pair chain auctions for polka dot begin now.
Cardano. We have the smart contract release. This was back on, i believe september 12th was the date. This is what enabled the ecosystem to truly be birthed and to develop for polka dot. The parachain auctions are what are going to fill up this ecosystem, basically, projects that want to build on polka dot bid for a spot and auction style to be on their pair chains, which is the way that their you know, their chains stay independent um.
You know, and they're able to you, know, be interoperable and things like that, so this is big. Gavin wood had a big speech today about this big announcement. We have a date for this. This is why pogad's.
Explaining look for this to continue. Second, two stories had a lot of stories i could have chose from today, but let's. Go with this one new tickers and arc filing shows bitcoin future etf approval approval.
Eminent does kathy woods have inside information that on october 18th, we are getting the first true bitcoin etf. It's. What some people believe some documents revealed today that that may be more than speculation.
We'll have to see, i think it could possibly happen. Um then the last story of the day, the bullish sentiment among institutional investors has returned. Now i'll, tell you it never left. They were buying the dip, as things went along, but the institutional money is what moves the market we are seeing that flowing into crypto.
Once again guys things are about to explode. I hope you're ready. I hope you got your positions, let's, get it all right, guys that's. All i got be blessed goodbye out.