It is there's a lot there's a lot going on right now. I guess to start things off so we're the beginning. It appears that at least the news that we're getting right now Bitcoin the wider cryptocurrency market and the stock markets around the world have jumped have risen in price as it appears. So we are learning right now. We don't know what the situation will be in a week that the current world situation that apparently be evening out and or lessening if you're, looking at the screen. You know exactly what I'm talking about, and this has caused stock markets around the world and I guess subsequently also the cryptocurrency market to become relatively more optimistic and or bullish that we could have potentially seen the worse of what's happening. And maybe things may be on their way to getting slightly back to normal? This is the news that is kind of all over the place right now. This one says: Dowager earns Dow Jones surges 690 points sock market rally. You can see that right there, a lot of places are reporting, lower numbers, they're saying that they're seeing a tapering – and this has caused a bit of a lot of optimism in many different markets, as the current situation has all. But rattled investors sentiment in the entire situation, it's very annoying having to choose my words it's funny. I was watching another video from some other investor yesterday and he even mentioned it as well.
In his video he's like I, I have to like dance on eggshells because yeah, so at the moment prices are up for the cryptocurrency market as they are for the stock market. I mean we're not seeing like record astronomically crazy. Oh my gosh numbers but it's more, like a last night before I went to bed, Bitcoin was already up by 10 and over the last 24 hours I think, were up around a good four five percent somewhere around there, because the at the last 12 hours have Been pushed away from the charts, so we are still seeing some gains in the market. I do not know. No one knows if this is going to continue. Bitcoin apparently tried last night, so I think get over sixty six sixty seven hundred, apparently it was rejected. So saith the analysts and therefore I think we're floating around 64 somewhere right there. If the it is Tuesday, if the rest of the week ends up being good great, better than it's, been the last couple of weeks expect some more money to be poured into the market I'm. Even just going up by 10 on a hope is a very good indication that, should that hope, actually be real. Then markets around the world will begin to rebound. So that is the price news and if you notice a tone of my voice when I started this video it's, because the last 12 hours not only has it, has markets recovering kind of brought back this like optimistic sentiment into the market.
But a lot of things have been happening around the world. You remember before, when I discussed with all of you. We will probably see a lot of power grabs over the next couple of months. The first major one has taken place and it happened last night for those of you who are not looking at the screen or may not be looking at the screen of those of you who are looking at the screen. You are probably shocked right now: Hungary, which is a country and Eastern Europe, depends on how you look at the map. Last night, they signed a bill that gave their prime minister complete power over the country, and the issue is: is that it's not a there's? No time limit for that power, the C bill which allows or bound to rule by decree and bypass the National Assembly passed by wanted to by 137 253 votes, despite opposition efforts to stop all of it, he has now complete power. I was talking to a couple of friends before I made this video. Apparently this has been going on for years like little trinkets, you know every every once in a while, a new bill would get passed and people within the government would have a bit more power. The issue is, is that this gives him complete control and one of the things inside the bill says whenever he doesn't want to be in control anymore that's when he'll change things. So one can only assume if you've been working for three to five years to have complete control, and now you have it there's, probably not gon na, be a situation in 18 months, where he's like I've had my time.
This is okay about 26 minutes ago. This is also something as well. Apparently, the curriculum within Hungary will also be changing and their history books I'm, not joking. Their history books will be rewritten to promote pride in the nation. This is incredibly crazy. I didn't, maybe because I didn't pay close enough attention to everything. That'S been happening around the world is a lot. Sometimes this is going to change the entire face of that country. This is going to change a lot of things as we know it. There are many other countries around the world who are doing this exact same thing and it's going to work for them. Part of the problem is especially, I think it even has. If you even see right here where my mouse is pointing for those of you who can look at the screen, their current situation of what's happening in the world is a fragment of what other places, especially like the states, are currently going through. But this was signed into law as a. If you give me all the power I can make it go away kind of thing, so um I do assume traditional stock markets are not open yet I'm, not sure if this will rattle them at all. But once again there are many countries around the world who are doing things like this. This goes back to what we were talking about a couple of it had to be no more than a week ago remember.
I said there were certain governments who were announcing that based off of what's happening currently in the world, that they should be able to track people who have or have had it that they can see where they're going around the world. Just in case it happens. You know what whatever excuse they had to use for being able to track people 247 and other countries around the world were like yeah. That also does sound good, so we are now in the situation where everyone governments are going to desperately try to pass as many bills and pass as many things as possible. If you think that this cannot happen in your country, ask people in Hungary five years ago, if they thought that this would happen. Their Prime Minister is basically their King. Now, as he has unchallenged unchecked powers, he can do exactly what he wants even going so easy. This happened 26 minutes ago. He is now going to be rewriting the history books, amongst other things, if you are reading the screen, because he can do so so that's the I mean you have to understand the gravity of the situation I'm. Trying to I have to choose my words correctly because of the powers that be over this platform, but this is extremely worrying because I'm, pretty sure other places have taken notice and they're probably going to try and do the exact same thing not to scare you. It just more of a make sure while crypto news is fascinating, a lot of the other parts of the world are also crumbling so yeah, I don't know what effect this will have on the markets, but it's not good in general.
Next up, finance is in the news by Nance Academy, the educational arm of leading crypto exchange by Nance announced the establishment of a blockchain research institute in Shanghai on the 30th of March. The Ling, the Ling, Ling, gang, blockchain technology and Industry Research Institute is intended to operate as a think take tank and talent hub for distributed ledger technology, innovation in China to accelerate the X application of DLT and China by Nance's blockchain institute plans to integrate blockchain with Other emerging technologies with an established foothold in the country, including artificial intelligence, Big Data and Internet of Things, which isn't these aren't good things in in China. They use them to completely control their people. The blockchain Research Institute is headed by Don Tapscott, who will act as the honorary Dean of the organization. Pat Scott describes, DLT as representing the second era of the Internet, the engine of the value, adding that blockchain technologies will drive the creation of innovative and productive organizations. So without having to read much further, a lot of companies have been trying desperately to get into China in any type of way that deals with blockchain andor crypto. We know that crypto is legal and people can buy it, but they cannot trade it. So I assume this is simply by Nance trying to get a foothold should any window open up. We'Re crypto exchanges are allowed within China, but over the complete purview of the government. That finance will already have a foot and they'll be able to say hey here.
We are, however, it is a bid whirring. This is my opinion that they are going to be helping with the creation of AI Big Data and IOT within the country, because if you have never once again watch the documentary or a news piece if you're on YouTube or rather open up a new tab and Type in the sesame credit score or Google it on your phone or your tablet and you'll see exactly what I'm talking about it's a huge problem, it's going to get even bigger. So the fact that they are a little mingled up in this it's, not sitting too well with me here's, the actual blog post right here does finance academy, establishes blockchain technology and Industry Research Institute in China. Kind of is what it is, but Shh let's move on. Next up france's central bank once to experiment with integrating digital currencies, Frances central bank wants to experiment. I just said those words. On the 27th of March, the bank descanse published a request for proposals for central bank, digital currency experiment applications. These projects will help Frances central bank understand the risks and mechanisms of central bank digital currencies and also contribute to the euro zone's digital cash conversation. The call brings France to the front of the debate in its highest profile, eurozone member, to launch a central bank digital currency experiment. To date, Sweden, who's Rick's Bank is also toying with digitizing currency uses. The corona the Bank of France has advocated for experimental and advanced in tech projects for at least four years, sometimes hinting through job postings and speeches that it would also be eyeing.
The development of a central bank, digital currency, they said we as central banks – must and want to take up. This call for innovation at a time when private initiatives, especially payment between financial players and technologies, are accelerating in public and political demand, is increasing. There'S a there's, a mishmash of a lot of things going on here: it's the fear that decentralized, cryptocurrency x' will gain hold and become more popular than fiat currencies, there's. The fear that people will simply choose things like telegram, libre or any other platform that might be launching within the next couple of months andor years as opposed to using fiat currencies and it's. Also, I think this also my my opinion me myself also ties directly into a bit of the power grab type thing, this isn't being done for the convenience of anyone. We are not going to see a hyper digitized andor digitization of fiat currencies to make it easier for you to be able to go, buy apples at the supermarket it's done so that payments are completely tracked. This has happened in many other countries and their proposals already there. This happened before, if you remember in India, has also had proposals for a central bank, digital currency and it's, because India believes or says that they're losing out on billions of dollars per year by people not paying their taxes or even just by simply I'm. Not joking people in the street who beg and may ask for money that that and at some point should also be taxed, because they're also receiving a wage in a certain way and or people who may simply just be working or being paid completely in cash, which Apparently, is they still a huge thing around the world and they believe that they should have a cut of that.
So when everything is digital, they will know exactly how much you don't know if you've ever seen once again going back to China, if you've ever seen when they people who are without homes, the people who are without money in China who sit on the street and Ask for money: some of them actually have a QR code like directly in front of them, and you can actually just scan the QR code with your phone and that's how they get money where, in the future, the little dystopian. But we are in the future, so expect more conversations like this to happen. I am going to assumption and say that this is these. Things are probably already created. It probably have been created for a while. Then maybe the system just need to be revved up cleaned up a little bit more but um within the next five years, he's going to be everywhere. The fact that we are you have to understand whenever things happen behind the scenes within governments, it usually takes us a good year, give or take to actually receive that information as the public, but the fact that these calls are now going out. I assume many countries already have it that is kind of waiting to be able to integrate, it andor, initiate it but that's, of course, my brain and how I think, here's the actual blog post website post. I don't even know what to even call this right here.
It says call for applications, Central Bank, digital currency, experimentations from the bank tooth palm, so let's move on it's funny how time works and how time works. We were just talking about them. Last week after I had never heard of this company before my life hive, blockchain technology is a Canada based publicly traded ether. Mining firm is diversifying into Bitcoin mining operations. Announcing the news on Monday I've said it is acquiring a 30 megawatt Bitcoin mining facility from Cryptologic Corporation for about 4 million Canadian dollars in Quebec. I'Ve currently has ether mining facilities in Sweden and Iceland. The firm said the acquisition would more than double its total available power capacity globally to approximately 50 megawatts. This is an important strategic acquisition for hive that diversifies our business significantly and we are making it an opportune time at an attractive valuation for our shareholders. The acquisition provides us with an advanced operating Bitcoin mining facility ready to transition to next generation mining Hardware. The deposit bar as it was divided up sure this news was kind of all over the place. I decided to only have one article here for the sake of space and space. Ah cool, like I said when we spoke about them last week and I said that I had never heard about them. I saw at least 13 people who are like. I know what hive is. I had never heard of hive before in my entire life. Lo and behold, they are kind of everywhere.
Now they might even be trying to make themselves more active in the news, so that um that uh, that lawsuit thing that they have going on or the or the cease and desist. I guess plays a bigger role because they can say yeah see we're wearing the news people people know about us. I assume, first of all, I think it's odd in general that anyone would be mining just ethers, but I put it to you this way. If you have a smaller operation and you're, just minding ether cool go for it. When you have millions of dollars, you can put towards something and you're just minding ether, it's a bit odd. You should also be – I mean you mind the number one before you mind the number two or you mind them at the exact same time. The other point being I assume this is a hedge in some sort of way if they have all of the mining capability facilities, if aetherium does indeed transition to proof of steak sometime this year, a lot of those machines won't really come into play, because you can Just simply have it on your computer and it'll stake itself through the network, so I guess kudos to them for going to the Future. I have no idea what I'm trying to say: here's the actual press release I'm from them. It says hive blockchain, doubles global mining capacity with acquisition of 30 megawatts Bitcoin operation in Canada; wonderful I'm; glad to hear that they are mining, crypto currencies next up in news.
That was, without a doubt everywhere news major Spanish bank Santander plans to roll out its ripple powered international payment system, one pay FX in Mexico in 2020 and a form 20 F filed with the US Securities and Exchange Commission on the 6th of March. The bank revealed that Mexico will be offering the service in early 2020 based on ripples, ripple net technology. One pay FX is independent from x RP and does not need the digital currency to function. As a Santander spokesperson had previously outlined, coin Telegraph and its form 20 F filing an annual report that must be submitted by the SEC by all foreign private issuers. When listed equity shares on you, who cares multiple corridor international blockchain solutions for individuals and SMEs, small to medium enterprises, one pay FX first launched in four Santander banks in Spain, Brazil, Poland and the u.s. back in 2018. Santander, Portugal and Chile joined the solution. The following year, this news was everywhere. I guess the news is: is that they're using ripples technology, the other part being that they're, not using XRP? Who knows if, in the future, they may one day decide to choose to use XRP, but I kept on seeing a lot of the news touted out there as if they were exclusively using XRP. But then, when you look around and find other articles, they are not using XRP at all, but I guess the significance being that they are still using once again ripples technology, so cool.
I have to sneeze, but it won't come out and it's kind of annoying me it's like just like right there on the on the cusp of ok, anyway, let's move on and to finish things off Tasos. Oh, no, wait, wait, wait! Tasos, co, founder there. We go kathleen bright man. A Brightman is preparing to launch the alpha version of the game built on top of Tasos. A crypto powered collectible card game called emergence there's, so many crypto collectible card games, it's it's, its emergence in game cards will comprise non functional tokens that players have full ownership over KO wasa, whose casa kalasa intends whatever to comprise both the primary and secondary marketplace for Cards, the company will also act as both a buyer and a seller for the non fungible tokens. While Brightman has been planning the game since 2018, she announced Casa the company that wall there we go the company that will launch emergence in May 2019. The company is composed of Brightman former Madge professional Magic, the Gathering player divided most Vitz former Pokemon and Magic developer, Allan comer and game designer Brian David Marshall. I mean at least they have you know from the most popular card games out. There koa will initially launch a free base set of cards, with new cards being a made available for purchase on a weekly basis. Cars will be priced and paid for and Tasos. However, there will also be a Fiat gateway that conceals the cryptocurrency transactions for players who do not wish to handle crypto initially launch of Friedman.
Car has been available in cars, I mean if they, if it's a free to play, blockchain card game, that's kind of cool, mainly because a lot of the other cryptocurrency card games – I'm. Looking at you stuff, that's on EOS and aetherium, you have to pay like for everything you do like every single thing you buy every card, you get, I like free game, free things and I like free card game. So anyway, this was also kind of everywhere. I mean it was it was. It was lightly, sprinkled across the the UH crypto news space. I guess it's another. I won't use the word use case because all blockchains can do stuff like this but um. I guess it's the another. I don't know it's just a card game on top of Tasos. There are multiple other card games on tons of other blockchains. I guess maybe because this is the first one sure I am the best if the if the game is actually free and you can kind of just like win gold or like twin credits in the game, I might end up playing it. Just the why not anyway yeah that's the that's, the Tasos news for today, as always, a very special thank you to my patreon supporters, professor Wally from gun, buy University, Yasha, Harari moon man, hi XRP, joshua, vineyard, Martin story, Josh, Corsica, chongo, lolo, songololo, a biblio phobia. The animal reader john sarsen mr. pickle's Nostromo bare bones mining Todd, malice, Adam gray, Sigma hammer, Oni master ventures in Thailand, Brady kneeled, Jarrod, Schneider, wise Nite, Owl 242 to the world trip dojo bankroll Network adobo mill, wheezy, Krypto artist, Cole, d3d Nicolas run earth.
One piece: one: love Richie, Rich: the three Nick Kanaya setsuna Damian Anthony Charles Nick mangy, olive Odie taxes, crypt Doumbia, shipmate, the Impaler, Vlad Jim Gardner Jeremy, Fox coins, minting Miller, hitch, test everyday and Kyle skips a leg day. Yes, number two crypto boaty mcboatface Anytime, Fitness monks, corner staff, medic 17, ARF make me a cake ticker, a macho Aneesa on crypto with Lionel URL Crayola, michelle half the sneeze hold on, and I actually do have this knees, which is really funny like it's, like it's. Bothering the heck out of me just won't another moment I'm, like done: recording gon na be sneezing all over the room anyway. Thank you all very, very much to my patreon supporters. I do appreciate you immensely in this time of just complete nonsense and thank you to everyone who is a supporter of the channel. I do appreciate you as well. At the moment, the cryptocurrency market is green. It'S up Bitcoin is currently about three point: five, eight percent. They see exactly how this continues as a day ends up going on. We are very close to 6500. I assume we will try either today andor tomorrow, depending on how the opening of the stock market goes. Try to hit 7000 once again, apparently. 7000 is like the Golden Cross that we need to pass by. In order for us to have any type of bullish momentum towards 8000. I think we'll be fine, it's, just um I'm.
Assuming this is my assumption. I think we have a good six more weeks of all of this to go on. I know it sounds crazy, but it seems the most realistic right now. I don't think it's two weeks I don't think it's, for I think six weeks would be we'll, see a bit more, hopefully normalcy kind of seeping back into everyday life, but at the moment I'm, giving it a good 60. I I I'm yeah yeah yeah yeah yeah yeah the markets up, except for like some anomalies, but it kind of is what it is. We'Ll see what happens either way, I believe in the long term prospects. So I am buying whether it's up or down a very weird news day, very, very, very, very, like it's it's it's a lot. I can see my phone going crazy right now because of all the messages I'm getting. This is a very weird time for everyone, and the world will emerge a very different place because yeah I, regardless of the insanity, I do hope you all enjoyed – hope you all are having a great day a great morning a great afternoon great evening, wherever you are. Wherever you might be, I do hope that it's absolutely fantastic.