NEAR Protocol: Hier entsteht etwas GROSSES! — Transcript

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1. 0:00Yes, for a marketer, Wintermood is a
2. 0:02clear winner in the current AI boom we
3. 0:05are seeing. It was noticeable that we
4. 0:08have seen a kind of capital rotation in
5. 0:10the crypto market in recent weeks.
6. 0:11Money has flowed out of established
7. 0:14coins and into crypto projects with an
8. 0:17AI focus. And that was one of the
9. 0:19reasons why Bitcoin and other altcoins
10. 0:21have been able to significantly
11. 0:23outperform Nir in recent weeks. And
12. 0:25this development might well continue
13. 0:27over the coming weeks and months, as
14. 0:29Nir is looking to further expand one of
15. 0:31its most important applications. Find
16. 0:34out more in the latest video. Welcome
17. 0:42to our YouTube channel Kryptreportb,
18. 0:44where we focus on Team Bitcoin Co.
19. 0:45Everything is explained in a simple and
20. 0:47easy way for you. Jan has been causing
21. 0:50a stir for a few weeks now, at the
22. 0:51latest since the beginning of September
23. 0:53, when the prices literally exploded.
24. 0:56And more recently, there has been even
25. 0:58greater attention following the release
26. 1:00of a highly positive market report by
27. 1:02the market maker Wintermut. For those
28. 1:07who are not familiar with Wintermut, it
29. 1:08is a very large market maker based in
30. 1:10London that was founded back in 2017.
31. 1:12Wintermut provides the necessary
32. 1:14liquidity for all major crypto trading
33. 1:16platforms and, above all, processes
34. 1:17these very large-scale transactions
35. 1:19specifically for those institutional
36. 1:21investors who are active within the
37. 1:23current digital asset market landscape.
38. 1:26This means that Wintermute possesses
39. 1:28excellent insight into the capital
40. 1:30flows of the crypto market, and it has
41. 1:32recently been observed that capital is
42. 1:35rotating out of established coins such
43. 1:37as Bitcoin and Ethereum and into those
44. 1:39various projects which maintain a very
45. 1:41strong connection to the field of
46. 1:43artificial intelligence. And NIAR is
47. 1:46one of them, which is one reason why
48. 1:48NIAR has been relatively robust in the
49. 1:51market recently. While Bitcoin and the
50. 1:55rest of the market have recently been
51. 1:56consolidating, Niar managed to reach a
52. 1:58new annual high over the weekend and at
53. 2:00the beginning of the week, before
54. 2:02profit-taking set in here as well.
55. 2:05However, for Wintermut, it is clear
56. 2:06that AI is by no means the only winner
57. 2:08in this particular sector. When it
58. 2:11comes to possible price drivers for
59. 2:13Niar, Wintermut primarily points to the
60. 2:15components that NIAR already offers to
61. 2:17benefit from this AI boom. On the one
62. 2:20hand, of course, from these
63. 2:22quantum-secure signatures that are
64. 2:24already available on Near and of course
65. 2:26via these three applications Near
66. 2:28Intense, Near AI and Confidential
67. 2:31Intense. Now, Nia Intense is this
68. 2:34cross-chain DEX from Near, where I can
69. 2:37exchange various cryptocurrencies
70. 2:39across 35 different blockchains with
71. 2:41just a single click of the mouse; and
72. 2:43of course, there is Nia, which is
73. 2:45essentially the computing or inference
74. 2:47platform provided by NEIAR. Over
75. 2:50800,000 of them are already staked here
76. 2:53. I can then use computing power and
77. 2:56use AI models confidentially without my
78. 3:00requests being processed further. And
79. 3:04of course, Confidential Intense is the
80. 3:06application that allows me to carry out
81. 3:08confidential private financial
82. 3:10transactions. It is especially relevant
83. 3:13for large enterprises that prefer not
84. 3:14to have every financial transaction
85. 3:16publicly visible on the blockchain, and
86. 3:18it is naturally also a potential
87. 3:19solution for AI agents that are
88. 3:21operating on the blockchain while
89. 3:22acting on behalf of a company during
90. 3:24their various business-related
91. 3:25activities. And these are some of the
92. 3:28reasons why Nia is relatively well
93. 3:30positioned in the market. And what is
94. 3:33also very important is that this whole
95. 3:35thing is no longer a vision of the
96. 3:37future, but the products already exist
97. 3:39and there is a correspondingly high
98. 3:41demand. Growth is apparent, as
99. 3:43evidenced by the increasing transaction
100. 3:44and trading volumes we are seeing. At
101. 3:46the beginning of October, there was a
102. 3:48brief moment of shock when Near Intense
103. 3:50was partially hacked. The attackers
104. 3:52were initially able to steal 3.8
105. 3:54million dollars. The team then reacted
106. 3:58very quickly, closed the security gap
107. 4:00and after a short break, Intense was
108. 4:03back online and after the attackers had
109. 4:05been identified, the hackers also
110. 4:08returned the money and fortunately for
111. 4:10me, this did not cause too much damage
112. 4:13to trust. For if we take a look at this
113. 4:17chart, the volume has returned to the
114. 4:19Near Intense level. Between 120 and 150
115. 4:22million dollars in daily trading lumens
116. 4:24continue to flow via Near Intense. So
117. 4:27there is still interest in Near Intense
118. 4:29and this is precisely the application
119. 4:31Intense is to be further expanded. We
120. 4:34will talk about this in a moment, but
121. 4:36first let us take a quick look at the
122. 4:37MT, because as I mentioned, it
123. 4:39experienced an explosive rise during
124. 4:40September. We have recently observed
125. 4:43some profit-taking and we are
126. 4:44considering where this correction might
127. 4:47lead. For this, we will now take a look
128. 4:49at the chart in my picture. So, we are
129. 4:52looking at the chart in US dollars
130. 4:54deposited from the crypto exchange
131. 4:56Binance and today is October 15th,
132. 4:58Thursday morning, and we see the NIR a
133. 5:00little lower at around 4.75, after NIR
134. 5:02had literally exploded in September. In
135. 5:06August, it had initially been able to
136. 5:08stabilize at about 1.60 on this 200-day
137. 5:10line, and then at the beginning of
138. 5:12September, it moved massively in an
139. 5:14upward direction. The price temporarily
140. 5:18rose by over 200%to around $ at the
141. 5:20beginning of the week. So now there is
142. 5:24a significant correction, which is not
143. 5:26really surprising, because NIR was
144. 5:27already overbought at the end of
145. 5:29September. I already addressed this in
146. 5:33the last NIR video, and the big
147. 5:35question now is, of course: can NIR
148. 5:37stabilize above the $ 4 mark—that is,
149. 5:39above this 50-day line—and continue
150. 5:42this dynamic upward trend that we have
151. 5:44been observing since the beginning of
152. 5:46September? And to do this, we will now
153. 5:49look at the individual indicators.
154. 5:50Exactly. The trend-following indicator
155. 5:53MACD indicates further falling prices
156. 5:55after this bearish crossover at the
157. 5:56beginning of October. So the MCCD
158. 5:59indicated this correction early on. The
159. 6:02RSI that we see here is also in reverse
160. 6:04gear, as I said, significantly
161. 6:06overbought at the end of September. It
162. 6:09has now moved back into the neutral
163. 6:11zone, but I would actually interpret
164. 6:13the RSI here within the downtrend as
165. 6:14being bullish in nature. The OBV,
166. 6:17following this slight dip downwards,
167. 6:19continues to remain within an overall
168. 6:21upward trend. This means that, in total
169. 6:24, large investors have been positioned
170. 6:26on the buy side over the recent weeks,
171. 6:28a trend that we can also observe by
172. 6:29looking at these Near ETFs. There is
173. 6:33currently just one Near ETF offered by
174. 6:35Bitwise, and a total of 79.3 million
175. 6:38dollars has flowed into this specific
176. 6:40Near ETF since the period beginning in
177. 6:42early October and reaching back to the
178. 6:45end of September. An interesting point
179. 6:49to note here is that throughout the
180. 6:51last few weeks we have observed only
181. 6:53capital inflows, with no capital
182. 6:54outflows, and that speaks rather in
183. 6:56favor of an NIR scenario. This NIAR ETF
184. 7:00has now also collected 15.82 million
185. 7:02Nier, which naturally means they are
186. 7:04effectively removed from the market for
187. 7:07the time being. That is of course also
188. 7:09to be viewed positively. Overall, the
189. 7:11buying pressure has now significantly
190. 7:14decreased. This is the JK Moneyflow,
191. 7:16the CMF. We can see here that there was
192. 7:19massive buying pressure building up,
193. 7:20especially in September, starting in
194. 7:22mid-September. However, this has now
195. 7:25come to a complete standstill, and
196. 7:27currently there seems to be a slight
197. 7:29selling pressure building up, yet not
198. 7:31the same level of massive profit-taking
199. 7:33that we observed in June, for instance,
200. 7:35when the price had also risen to over 3
201. 7:37dollars here. And then we saw a long
202. 7:42consolidation because there was a lot
203. 7:45of profit-taking and capital flowing
204. 7:47out. So we are not seeing that at the
205. 7:50moment. It remains to be seen whether
206. 7:53the massive selling pressure will build
207. 7:55up. As I said, we are not there yet.
208. 7:58And if we take a look at the whole
209. 7:59thing on a weekly basis, then we see
210. 8:01that it has now already moved
211. 8:02relatively far away from these specific
212. 8:04moving averages that we are currently
213. 8:05looking at here. This 200-week line is
214. 8:08situated at roughly $ 3 and this 50-
215. 8:09week line, which is the white one, sits
216. 8:11at about $ 2. Consequently, the
217. 8:14potential downside would naturally tend
218. 8:16to be somewhat greater, but the
219. 8:18trend-following indicator MACD suggests
220. 8:20further rising prices on a weekly basis
221. 8:23following this bullish crossover that
222. 8:25occurred back in the middle of August.
223. 8:28So as long as the MACD does not reverse
224. 8:31on a weekly basis, I would tend to
225. 8:33assume that prices will continue to
226. 8:36rise. This is also primarily because
227. 8:39the RSI is no longer signaling an
228. 8:41overbought situation, as it was still
229. 8:44doing a few weeks ago, but has instead
230. 8:46receded back into neutral territory.
231. 8:50And what is also important is that the
232. 8:52MACD has also reversed on a monthly
233. 8:55basis, has delivered a bullish
234. 8:57crossover here and is therefore tending
235. 8:59to indicate further rising prices. This
236. 9:02means that I believe after a brief
237. 9:05period of consolidation—where prices
238. 9:07could certainly pull back to the 4
239. 9:09dollar level—the trend should
240. 9:12continue to move upward towards the end
241. 9:14of the year or the beginning of 2027.
242. 9:17This outlook is also supported by the
243. 9:19fact that Near Mid founder Ilia
244. 9:21Polosukhin has announced that various
245. 9:24features, including fiat currency
246. 9:26integration, are to be further expanded
247. 9:29on Near Mid, and that tokenized shares
248. 9:31are also expected to be added to the
249. 9:33platform. More about this now in front
250. 9:35of the camera. So Near Mid is currently
251. 9:38in correction mode, which is not really
252. 9:40surprising, because as I said, since
253. 9:42the beginning of September the prices
254. 9:43have risen by over 200%at times.
255. 9:46Therefore, in my view, this is a
256. 9:47healthy correction that we are
257. 9:49currently seeing, and I believe that
258. 9:51this same correction will continue to
259. 9:53play out over the course of the next
260. 9:54few days. What is interesting at this
261. 9:57point is that we are currently seeing a
262. 9:59very high open interest, which amounts
263. 10:01to a total of 1.92 billion dollars.
264. 10:03This shows us that there is a lot of
265. 10:05interest in Near Mid on the derivatives
266. 10:07market. However, this could also mean
267. 10:10that there will be higher price
268. 10:12fluctuations in the coming weeks,
269. 10:14because the majority of traders are
270. 10:16positioned on the long side here. There
271. 10:19is great optimism here that NIR will
272. 10:21continue to rise, but if the opposite
273. 10:23occurs, meaning that NIR were to
274. 10:25effectively shift into reverse, then
275. 10:27those very high long positions could be
276. 10:29liquidated and forcibly closed out as a
277. 10:31direct consequence of that market shift
278. 10:33. For example, if N were to fall
279. 10:36rapidly towards 4.25, then long
280. 10:38positions on Hyperliquid alone, which
281. 10:40are worth 43 million dollars, would be
282. 10:42in direct danger of liquidation. And
283. 10:44that could potentially mean that the
284. 10:46downward trend would then accelerate
285. 10:47once again. That's something to keep in
286. 10:50mind. So, I'll stick to it. I already
287. 10:53said it in the last Narv. I think
288. 10:56prices below $ 4 are a good buying
289. 10:58opportunity. But as I said, this is
290. 11:00just my personal opinion, not
291. 11:02investment advice. Back to Near Intense
292. 11:05. Mück founder Ilia Polo Schukin
293. 11:09shared his comments while attending the
294. 11:10Digital Asset Summit held recently in
295. 11:12Singapore. In an interview, he
296. 11:13explained that they intend to expand
297. 11:15Near Intens into a kind of universal
298. 11:17trading platform, through which users
299. 11:19would not only be enabled to exchange
300. 11:21various cryptocurrencies on different
301. 11:22blockchains, but through which one
302. 11:24should also be able to exchange stable
303. 11:26coins and tokenized stocks against each
304. 11:28other in a seamless and efficient
305. 11:30manner for all participants involved.
306. 11:32Ultimately, they want to integrate
307. 11:35entire online markets and traditional
308. 11:37markets, and also expand Near Intens
309. 11:39with fiat currency functions. This
310. 11:44means that people should also be able
311. 11:46to inherit or exchange fiat currencies
312. 11:48such as euros and dollars via Near
313. 11:50Intens. And naturally, this would mean
314. 11:52that one could use a stablecoin, such
315. 11:55as USDC, to make an investment in
316. 11:57something like a Tesla share, as one
317. 11:59possible example. That would ultimately
318. 12:02be possible via Near Intens in the long
319. 12:04term. The vision is that you are able
320. 12:06to exchange virtually any asset for any
321. 12:08other asset by utilizing the Near
322. 12:09Intense platform. By doing this, you
323. 12:12would naturally expand the addressable
324. 12:14market for Near Intense on a massive
325. 12:16scale, which could lead to an increase
326. 12:17in trading volume while simultaneously
327. 12:19providing a competitive advantage over
328. 12:21other decentralized exchange protocols,
329. 12:23such as, for instance, Uniswap.
330. 12:26Incidentally, thanks to the cooperation
331. 12:28with Ondo Finance, it has been possible
332. 12:30since September to deposit euros via
333. 12:32near.com, where Near Intense is
334. 12:34integrated, and with these euros you
335. 12:36can then invest directly in tokenized
336. 12:38stocks, such as Nvidia, Tesla shares
337. 12:40and so on. And most recently, Intens
338. 12:44has also integrated into this Silent
339. 12:46Swap app. This means that the more
340. 12:49platforms, or the greater number of
341. 12:51platforms, on which Intens is
342. 12:53integrated, the more potential users
343. 12:55can be reached and the higher the
344. 12:56trading volume that could be processed
345. 12:58through the Intense system. And since
346. 13:01we are currently talking about growth
347. 13:03and mobile apps, we have been active
348. 13:05with our Blockchain Investor app for
349. 13:06quite some time, and we will naturally
350. 13:08continue to keep you informed within
351. 13:10this application regarding Nier, while
352. 13:11also providing you with the latest
353. 13:13market reports covering the entire
354. 13:14market landscape. And you can, of
355. 13:17course, discuss and exchange ideas with
356. 13:19like-minded people in our app, without
357. 13:21being disturbed by spambots as you
358. 13:23currently are when you are on platforms
359. 13:25like YouTube. So just take a look. Now,
360. 13:29of course, the question is, what does
361. 13:30all this mean for the cryptocurrency
362. 13:32Nier? Quite simply, the more volume
363. 13:35flows through Nar Intense, the more
364. 13:38Nier fees are incurred. We have
365. 13:41observed a cumulative trading volume of
366. 13:43nearly 35 billion dollars that has been
367. 13:44processed through the Near Intense
368. 13:46platform so far. This means that over
369. 13:4955 million dollars in fees have already
370. 13:51been generated, and these fees are
371. 13:53being utilized in part to buy back Nier
372. 13:55on the open market, a process which has
373. 13:57already partially occurred, and this
374. 13:59development is naturally leading to the
375. 14:01emergence of organic demand for the
376. 14:03asset. And I have created a model
377. 14:07calculation of what this could mean in
378. 14:10the future, because 0.05%of the trading
379. 14:13volume is incurred in fees. And if we
380. 14:18had a trading volume of 100 billion
381. 14:20dollars a year, then that would result
382. 14:22in 50 million dollars in fees generated
383. 14:23here, strictly through the use of
384. 14:25Intens. And if the volume, that is to
385. 14:28say the annual volume, were to grow to
386. 14:30500 billion dollars, then fees
387. 14:32amounting to 250 million dollars would
388. 14:34be generated here in this case. And
389. 14:36with a trading volume of one trillion
390. 14:39dollars annually, this would result in
391. 14:41fees totaling 500 million dollars every
392. 14:43single year. But as I said, this is not
393. 14:46a forecast; it is merely a possible
394. 14:48model calculation if Intens were to
395. 14:50grow accordingly, if it were to be
396. 14:51well-received by the market, and if it
397. 14:53were to successfully gain significant
398. 14:55market share. One more brief conclusion
399. 14:58on this whole topic. For me, it is not
400. 15:02merely a nice AI story, but an
401. 15:04ecosystem featuring real products,
402. 15:06actual users and, above all, tangible
403. 15:08trading spaces which could potentially
404. 15:11benefit from three important megatrends
405. 15:14. Firstly, of course, the trend towards
406. 15:16decentralized trading platforms;
407. 15:18secondly, from the tokenization of
408. 15:20assets; and thirdly, of course, from
409. 15:22the trend towards artificial
410. 15:23intelligence, i.e. from this AI boom
411. 15:25with these AI agents on the blockchain,
412. 15:27NIE could benefit from that. Otherwise,
413. 15:31there are two other important proposals
414. 15:33on the table. Namely, a staking
415. 15:37provider wants to reduce coin inflation
416. 15:40from 2.6%currently to 1.6%. This would
417. 15:45naturally cause the supply to tighten
418. 15:47even further, and in the long run, the
419. 15:48plan is to establish a fixed upper
420. 15:50limit for the total number of tokens.
421. 15:52So the protocol, the Near Blockchain,
422. 15:55is intended to be self-sustaining
423. 15:56through the network fees it generates.
424. 15:59However, as I mentioned, these are
425. 16:01merely proposals, and nothing has been
426. 16:03finalized yet. Nonetheless, the overall
427. 16:05trend points toward a potential
428. 16:06tightening of the Near supply, as it is
429. 16:08expected that these token buybacks will
430. 16:10naturally scale up in frequency as
431. 16:11trading volumes continue to rise over
432. 16:13the coming period. Otherwise, in short,
433. 16:15I continue to view this project very
434. 16:17positively. As I said, I have been an
435. 16:20ICO investor in myself since the
436. 16:21beginning for 6 years. I have not sold
437. 16:24a single coin and am instead prepared
438. 16:25to increase my position even further at
439. 16:27this time. But as I said, this is just
440. 16:30my personal strategy, not investment
441. 16:32advice. Then of course I am interested
442. 16:33in your opinion on this whole topic. In
443. 16:35your opinion, do you see a big winner
444. 16:37in this whole AI trend or do you say no
445. 16:39, the whole thing is far too
446. 16:40speculative, I would rather stick with
447. 16:42Bitcoin. Please leave a short comment
448. 16:44below, or feel free to comment for
449. 16:46longer. As I mentioned, I am reading
450. 16:47through all of the comments and am
451. 16:48happy to discuss them with all of you
452. 16:50there. Otherwise, I would naturally be
453. 16:51happy to receive a thumbs up if you
454. 16:53enjoyed this video and found it helpful
455. 16:54; you are also very welcome to
456. 16:56subscribe to the channel and share my
457. 16:57videos with your friends if you would
458. 16:59like to support my work further. I
459. 17:00would be very happy about that, because
460. 17:02that way my channel can continue to
461. 17:03grow. Thank you very much in advance
462. 17:05for your support. Next week we will
463. 17:08probably continue with Solana. The
464. 17:13Alpen Glow upgrade is just around the
465. 17:14corner. Otherwise, on Saturday in our
466. 17:16crypto report we will be discussing the
467. 17:19topic of are our Bitcoins still safe?
468. 17:21Ledger, as I said, is having problems
469. 17:23here. The products were recently also
470. 17:26taken off the market at Mediamarkt. We
471. 17:29will take a closer look at the whole
472. 17:31thing on Saturday. And by the way, you
473. 17:33can already read about our Blockchain
474. 17:35Investor App in the crypto report on
475. 17:37Friday evening. That's all from me for
476. 17:39today. I hope you have a nice weekend.
477. 17:42Thank you very much for watching. Until
478. 17:43the next video.