How U.S. Sending Soviet Air Defense Systems To Ukraine Forces

Stock investors hold their breath in wake of the NATO summit avalanche gets a boost from coin base and BlackRock's Larry fink changes his stance on crypto and globalization my name is ben is your nightly crypto news wrap up let's get it all right Eddie are you selling into the rally that we've seen recently not the rally today but the one we've seen recently you've been selling Absolutely Stuart you know where my stance has been in regards to getting ready for this second quarter and i think this rally's fantastic because it gives investors a second chance and you don't always get a second chance in the capital markets so what i would tell investors is if two weeks ago you were kicking yourself because you didn't lower risk and you want to lower the risk in your portfolio you may not get a better opportunity than what we've seen Because we've had an impressive bear market rally and i think this it's going to get a lot more choppy to the downside over the coming months Frankie candles will be joining us in just a few moments for a market watch but first the stories the stock market bounced a few points higher this morning as a result of investors buying up beaten down tech stocks their hope here is that the NATO summit in brussels Belgium will bring peace Talks as well as additional economic sanctions on Russia market watch reports that these additional sanctions announced Tuesday by the treasury department include dozens of Russian defence companies 328 members of the Russian state duma and the head of Russia's largest financial institution Eddie Gabor co-owner of k advisors group believes That this recent balance in the stock market is an excellent opportunity to take some profits and lower portfolio risk his take is that we're looking at terrible fundamentals including GDP projections the war in Ukraine rising oil prices and the fed being forced to be more hawkish than ever at the worst time since they didn't raise the rates last year as a result of these bearish Fundamentals he believes at the beginning of q2 we're going to test and most likely drop below the loads we saw several weeks ago and of course quarter two begins in the first week of April very soon over at coin base it's a new day for avalanche as coin base cloud announced a suite of tools to back development for the avalanche blockchain one that we really love here at this channel the coin base wallet ds will integrate the avalanche C chain as well as the Fuji test net which will give Avex developers a huge amount of exposure to new users they're also including an elm which could make Avex Ethereum chain swaps happen in wallet coin base cloud previously called bites and trails spilling itself as the awes of crypto wants to help onboard as many cryptocurrencies as possible to their platform there's even talk about adding in an Avex bridge For bitcoin allowing folks to put their bitcoin on ice mix it up in some avalanche deva and if you guys like some d5 games make sure to go ahead and smash that like button all right let's head on over to Frankie candles for a market watch thanks ben all right guys let's go ahead and do a quick little market watch here bitcoin coming in at 43 935 up 3.26 percent for the day Ethereum coming in at 31.07 up 3.25 For the day let's go ahead and check our top movers for the day axe infinity 69.59 up 20 on the day of 37 on the week hollow or hot of 16 convex finance up 11 and then engine and unsnap up about 9 guys looking pretty good if you do want to follow me on YouTube it's Francie candles and then I am at Frankie candles on all socials back to the news lastly Blackrock CEO Larry fink who stated in an interview last year that he saw very little demand for crypto has now changed his tune about digital assets in a recent letter to his shareholders he discusses his concerns regarding conflict between Russia and Ukraine how it has affected him and those around him and how that conflict is having a negative impact on globalization the letter includes that BlackRock has Joined the global effort to economically isolate Russia and they have mobilized a philanthropic response to help those in need in the wake of this conflict fink has come to the realization that the utility crypto offers is essential in these times of crisis pointed out the digital currencies can also help bring down costs of cross-border payments for example When expatriate workers send earnings back to their families now his 10 trillion dollar firm is planning to offer crypto to their clients very bullish for crypto especially when it's helping the people who need it most that's all i got be blessed good way out you