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California and Crypto? Plus what are $APE holders doing with their money?
In this episode, The Master Nodes discuss some key news on what's happened between April 27th, 2022 and May 4th, 2022 in the crypto space. The Master Nodes goes over California Gov. Gavin Newsom signing new crypto executive order and how “smart money” wallets are unloading APE and loading up on aSTETH - - A blockchain analytic firm called Nansen has been monitoring the activity of “smart wallets” that have purchased APE and unloaded it for aSTETH. In their discovery, they found $1.3 Million dollars has flowed out for APE holders wallets. aSTETH is Aave’s yield bearing token stETH or staked ETH. Aave is a defi platform that allows users to borrow or lend crypto. Essentially what aSTETH is is a coin that allows you to earn the liquidity of staked ETH without actually having to stake it. - - Governor Newsom wants to get ahead of the curve because he sees how crypto is being utilized throughout the world. He does intend to put an emphasis on consumer safety and potential environmental impacts that may be caused due to mining and maintaining crypto infrastructure. This executive order will not necessarily change laws or force people to comply with new crypto regulations but are more Federal agencies looking into crypto to find ways to make crypto compatible with the US and State governments. Federal agencies must provide recommendations to Biden and Newsom on national crypto policy in the next 60 days on how to regulate crypto in the state, while at the same time preventing criminal activity. - - Join our email list at http://www.themasternodes.com for the latest and greatest crypto information. We will send out market rundowns, beginners' guides, giveaways, crypto news and so much more! Interested in joining our discord? Send us a message and we will send you an invite. Our discord is full of dedicated investors ready to help you on your million dollar journey. - - We are based in the greater Los Angeles area and hope to build a solid cryptocurrency community within our own. Join our community to learn about us, how we started The Master Nodes, and why we started The Master Nodes. - - If you have any questions DM us or comment on any of our social platforms. Instagram- @Themasternodes Twitter- @Themasternodes Facebook- @Themasternodes Tik Tok- @Themasternodes
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By Ryan Prendez and Nestor SanchezIn this episode, The Master Nodes discuss some key news on what's happened between April 27th, 2022 and May 4th, 2022 in the crypto space. The Master Nodes goes over California Gov. Gavin Newsom signing new crypto executive order and how “smart money” wallets are unloading APE and loading up on aSTETH - - A blockchain analytic firm called Nansen has been monitoring the activity of “smart wallets” that have purchased APE and unloaded it for aSTETH. In their discovery, they found $1.3 Million dollars has flowed out for APE holders wallets. aSTETH is Aave’s yield bearing token stETH or staked ETH. Aave is a defi platform that allows users to borrow or lend crypto. Essentially what aSTETH is is a coin that allows you to earn the liquidity of staked ETH without actually having to stake it. - - Governor Newsom wants to get ahead of the curve because he sees how crypto is being utilized throughout the world. He does intend to put an emphasis on consumer safety and potential environmental impacts that may be caused due to mining and maintaining crypto infrastructure. This executive order will not necessarily change laws or force people to comply with new crypto regulations but are more Federal agencies looking into crypto to find ways to make crypto compatible with the US and State governments. Federal agencies must provide recommendations to Biden and Newsom on national crypto policy in the next 60 days on how to regulate crypto in the state, while at the same time preventing criminal activity. - - Join our email list at http://www.themasternodes.com for the latest and greatest crypto information. We will send out market rundowns, beginners' guides, giveaways, crypto news and so much more! Interested in joining our discord? Send us a message and we will send you an invite. Our discord is full of dedicated investors ready to help you on your million dollar journey. - - We are based in the greater Los Angeles area and hope to build a solid cryptocurrency community within our own. Join our community to learn about us, how we started The Master Nodes, and why we started The Master Nodes. - - If you have any questions DM us or comment on any of our social platforms. Instagram- @Themasternodes Twitter- @Themasternodes Facebook- @Themasternodes Tik Tok- @Themasternodes