Latest / The Paul Barron Crypto Show / Ethereum ETF in 7 Days🔴Crypto Update
Transcript
- 0:07Let's talk about the e ETF and its probability of launch. We'll get into
- 0:12all of that for you guys. Also take a look at bitcoin and a
- 0:14handful of other tokens out there, so make sure and don't miss it.
- 0:18It's going to be a good one. Man names Paul Berre, Welcome back
- 0:20in the tech path. Let's get into it today. I do want to
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- 1:03below and you guys can learn a lot more. Let's go into a couple
- 1:07of points today, and of course one of the things that everybody's asking right
- 1:11now is Bitcoin's price. We saw that pretty much hit that sixty K mark,
- 1:15and a lot of people have said, well, is that another low
- 1:19for bitcoin or is this just a short term pump that we're watching right now?
- 1:25A couple of things to point at. Traders are looking at it around
- 1:29not just sixty but another important bullmarket trend line, gaining more confidence on this
- 1:33rebound. A lot of people also looking at data now around the volatility odds,
- 1:38with plenty of US unemployment, we talk about macro quite a bit as
- 1:42well. Does that play into it going further? And I'd love to get
- 1:46you guys as perception on this because right now, both Bitcoin has been up
- 1:51and down, even though we haven't seen solid upward trend, Bitcoin has been
- 1:56holding at least a consistent sentiment, and of course right now spiking a little
- 2:00bit over sixty two k, I think right before the show hits sixty three,
- 2:05so still up quite a bit over the last few days. A couple
- 2:07of the points I want to hit on, of course, is that we're
- 2:10seeing a lot more involvement of government entities getting into crypto and being able to
- 2:15store it. Most of this course is happening over on coinbase now with the
- 2:20US marshals coming in on it. And of course you look right there,
- 2:23government is using Coinbase as a custodian and also suing Coinbase for being a custodian.
- 2:30Ironic, weird times we live in right now. For sure, I
- 2:32want to go to a few clips here. This will break down some of
- 2:35the market analysts and the probability of where we're going with both Bitcoin, but
- 2:38also we'll talk a little bit more around Ethereum and it's probability for the ETF
- 2:45launch and what that looks like. This is Tom Lee, take a look
- 2:47my insect. We'll get that clip for you. But basically what Tom is
- 3:01talking about is the rebound and what is that going to look like in the
- 3:06second half of this year. Here we are in first of July now,
- 3:09a lot of people now starting to look at the FOMC for July. What
- 3:14we'll see there along with not only interest rates but also the effect of the
- 3:19jobless numbers that are going to continue to report. The other thing that plays
- 3:23into this that Lee is talking about is how does the market How do the
- 3:27markets also assess because we're seeing all time high on the S and P five
- 3:31hundred. Primarily that's in Vidia leading the way, but there is a lot
- 3:36I think that kind of plays into this. A couple other points. Right
- 3:38here is Eric Balshunis, and many people are saying, well, Eth is
- 3:43not on the move right now, and I think a lot of people have
- 3:46been really thinking that we would get the Ethereum ETF launched now, right now
- 3:52here on July first, right now. Unfortunately, we think it's going to
- 3:55have to push back over under untill after the holiday. Likely I would agree
- 4:00with that, but I'm still questioning whether or not that does happen happen next
- 4:03week because remember this Thursday being July fourth, Happy fourth everybody. But I
- 4:10think this is still a little bit in the weeds in terms of being able
- 4:14to completely finalize everything for these S one filings. So let me know your
- 4:18thoughts. Do you think we get one before middle of July. Some people
- 4:21have even mentioned as early or as late as August. Potentially that plays into
- 4:27this for the ETF. ETH also not necessarily pulling two. I think we
- 4:30have that clip. Let me play that for you with Tom Lee. Take
- 4:33a look my insecurity about crypto manifested itself again in my feet of clay,
- 4:42because I said, Tom Lee is going to be absolutely right about the fifty
- 4:46five hundred. Why is he still saying one hundred and fifty for bitcoin?
- 4:48Why do that? Why not just focus on stuff? Don't stick your neck
- 4:53out. Because it was falling below sixty thousand. Now it's back to almost
- 4:56sixty three thousand, So that's six trillion. We just talked about. That
- 5:00sort of plays in your bitcoin thesis. That's right. Bigcoin's probably suffering from
- 5:04the mount Ox, you know, but starting distributions in July. That was
- 5:09a huge overhang for many years. But if I was invested in crypto knowing
- 5:14that one of the biggest overhangs is going to disappear in July, I think
- 5:17it's a reason to actually expect a pretty sharp rebound in the second half.
- 5:20So I think, you know, one fifty is still within it's already July
- 5:26first, so that's that's so you're not taking that off the table. That's
- 5:29so possibility. That's right. And you know, one thing to keep mind,
- 5:30Bitcoin makes most of its gains within with ten days every year. If
- 5:34you take out the ten best days in a single year, bitcoin actually has
- 5:39negative returns. Yeah. So Tom Lee has been very resolute in terms of
- 5:46his position on bitcoin and where it might be going. We're going to try
- 5:49to get him on the show one day. But whether you agree with him
- 5:54or you don't, I think the key here is he understands kind of the
- 5:57digital markets and where assets are starting to move, and also some of the
- 6:00parameters that really apply to how markets move. And he's exactly right in terms
- 6:05of the speed in which Bitcoin responds when you look at these massive upswings and
- 6:11I'll show you an example of that. Let me jump over to the charts
- 6:14real quick. I mean, if you look at the upswings on Bitcoin right
- 6:16here from when the ETF went live, that essentially is a run up from
- 6:23Let's go to the bottom right there, and I'll just give you a measurement
- 6:26period of time right there to that high right there where we started to hit
- 6:30a little above seventy three. We're talking about eighty six percent in a very
- 6:34short period of time between January and March. So that's the kind of run
- 6:40ups that could be happening with Bitcoin and also ethereum to a certain extent.
- 6:44I'll show you some of that here in a bit other things that are playing
- 6:47out in the market today, of course, is Nike Rossi's talking about Bloomberg's
- 6:51Jeff Sayer saying that July eighth looks more potential for the spot ETF another source
- 6:58that's possible that it could be later in July or later in the summer.
- 7:01It shouldn't take this long, is his take. I'm in agreement that now
- 7:05what we're starting to see with many of these rulings coming in from the Supreme
- 7:10Court giving the sec at a lot of less i should say less and less
- 7:16control of overreach from a regulatory standpoint, gets them hopefully thinking back into the
- 7:24game of what they should be doing, and that is approving things like this,
- 7:27making sure all the iSER dotted and teaser crossed. And if that is
- 7:30the case, could we see it much faster. So I'm still thinking that
- 7:35it's going to be later in July or possibly August. Here's Matt Hogan and
- 7:41he goes into a couple of points on when he thinks the ETHTF because this
- 7:46is a big factor, especially around Ethereum, but also some of the other
- 7:48all coins as it plays out. But I want to play this clip for
- 7:50you. Let's start there I'm going to go ahead and just straight up guests
- 7:55next next week, so the week of July seventh or tenth, whichever that
- 7:59week is. Keep in mind, we have a holiday this week right with
- 8:01July fourth, so you lose a day. Even if they maybe get you
- 8:05know, if the SEC were to say these are all done, we don't
- 8:09need to do anymore, it's still probably would bet they don't trade this week,
- 8:11so this would be a chaotic week for those to launch. But this
- 8:15is crypto and the SEC, so you never know. We might get that.
- 8:18Does bitwise have a July fourth I'm taking the day off a big finance
- 8:22commercial coming out. I can't disclose that, but hopefully you all have been
- 8:30enjoying the commercial house You're definitely so there's Hogan kind of giving you the rundown
- 8:35that you know. It really boils down to the fact that crypto can go
- 8:39twenty four to seven three sixty five, and he's right, but I don't
- 8:43know that the SEC completely is in tune with that. Right now. Hogan
- 8:48goes on in this I've got a few clips of him. He talks about
- 8:50inflows, because this is another factor that a lot of people are looking at
- 8:56as to how the ETF for ethereum would respond if you kind of compare it
- 9:01to what happened with the Bitcoin ETF. Take a look, and there are
- 9:05two types of investors in there right. There are investors who want to be
- 9:09long ETH and they will probably sell the higher cost product and rotate into products
- 9:15from bitwise and Galaxy. And then there are people who are just playing the
- 9:18arbitrage trade who have bought ETH because it's trading at a discount to its net
- 9:24asset value hedge themselves and are just waiting for that discount to disappear if there's
- 9:30a conversion, and then they'll exit the ETH space. So the thing to
- 9:33worry about is whether those people exit and do new investors come in fast enough.
- 9:39I think as we get two months, two, three, four,
- 9:43five, and six, this flood of money that's going to come into the
- 9:48space is going to make it self felt. We could easily be at you
- 9:50at five six billion by the end of the year in netflows, and I
- 9:54think it could accelerate from there. In twenty twenty five. I expect there
- 9:58to be enough new investor come in to offset it, But I just think
- 10:01investors should be prepared that the few weeks around launch will be an interesting period
- 10:07with lots of shifting dynamics. The long term story is fifteen billion dollars is
- 10:13going to come into these ETFs and push us to new all time highs.
- 10:16You have to keep the long story separate from the very short term. I'm
- 10:22in agreement with Hogan in the sense that when you look at the short term
- 10:26because of the jostling of how people are going to play the e investment both
- 10:31on the derivatives but also on the ETF and whether or not we can see
- 10:37the inflow from new investors. The other factor that may play into this is
- 10:41when investors are starting to look at both ETFs now and they start to do
- 10:46a little bit of a product mix, you know, and you think about
- 10:48just portfolio balancing. That's another factor into it. I do agree with him.
- 10:52I think the longer play is the way to go here. So really,
- 10:54what it simply means is I think Ethereum is in a good position.
- 10:58The question is what's the price SIMPAC long term? Short term? Most I
- 11:01think everybody that's watching our show probably is in Ethereum. More on a long
- 11:07term basis, you might be even looking at something that could be multi year,
- 11:11if decades, going out there on holding ethereum. Hogan talks a little
- 11:16bit about what price impact might look like in this clip right here. Take
- 11:20a look. I'm pretty optimistic. If we see these flows, we're moving
- 11:24to new all time highs. Yeah, two and a half times the price
- 11:26of eth at you know, thirty five hundred right now, we get something
- 11:28close to nine thousand price of eth, which would be not only all time
- 11:33highs, beyond well beyond all time highs would be about a two x.
- 11:37I don't see anybody that's using their eth in that way saying, you know
- 11:41what, let's sell this eth by the ETF Right to me, that supply
- 11:45is totally off the table, right, that's eleven and a half percent of
- 11:46the supply. And then you have the steaks supply. Thirty two point seven
- 11:50million eth are currently staked. Not going to get those if it's less liquid
- 11:54in a supply basis, right, and by the way, it is also
- 11:56technically slightly less liquid on exchanges the spot trading volume, the equal or smaller
- 12:03inflows could have an outsized or equal price impact, so higher price sensitivity.
- 12:09We haven't actually come, i think all to an actual number here pretty shocked
- 12:13if we didn't see Ether hit a new all time I mean all time highs,
- 12:16what like forty eight hundred, such a low bar. Yeah, it
- 12:22is a lower bar I think with the current state of the market, and
- 12:24when you look at this, you know, DeFi is going to be versus
- 12:28trad fis kind of the comparison that you're going to look at here. And
- 12:31I think when you think about trad FI in general, you have to look
- 12:35at kind of the broader markets because there are so many investment opportunities, especially
- 12:41in digital assets. But I think ETH is going to end up being one
- 12:43of the shining lights out there, and it could end up being maybe the
- 12:48go to asset for who people who are willing to take a little bit more
- 12:50risk. Hogan talks about that a little bit further in this in this interview
- 12:56as well. Take a look. I would say tradfis point of view you
- 13:00is like I want to own crypto. They're not thinking about even things like
- 13:07different use cases or things I wish they thought about about ETH and they found
- 13:09it interesting in these platforms, et cetera. They're just like, oh,
- 13:15I could own fifty percent of the market that sounds like a coin flip.
- 13:18Or I could own seventy two percent of the market. That sounds like a
- 13:20better bet. I'm going to own seventy two percent of the market. I
- 13:22don't own one stock, I don't own one bond. I think this diversification
- 13:26narrative is just the dominant narrative for most non crypto native people. I just
- 13:33want to own this space. That's what I hear from advisors day in and
- 13:35day out. It's like doing a discounted cash flow model on a series a
- 13:39startup. You end up with such wide variances. What you're looking at is
- 13:43is going after a large addressable market and is there a reason it would be
- 13:48valuable. There's no DCF going on for purchase of bitcoin. No, that's
- 13:52correct. And I think with ETH, what they want to know is,
- 13:56oh, this is the platform on which tokenization will take place. This is
- 14:00a platform on which stable coins will take place. As a platform on DeFi
- 14:03taking place. Black Rock is launching money market funds built on ETH. I
- 14:07want a piece of that. Remember, this is a small part of their
- 14:09investment portfolio. It's a couple percent. Yeah. And the thing that Hogan
- 14:16hits on here, which I think is very important is when you think about
- 14:20assets under management and you look at the advisors that are out there giving that
- 14:26advice in the sense of how do we, you know, massage our portfolio
- 14:30here, This could play into it because all they have to do is say,
- 14:33listen, we're really betting on kind of tokenized assets in the future.
- 14:37Ethereum is most likely going to be the platform we play on that. In
- 14:41fact, it is. If they start getting that message out, I think
- 14:45investors will start to understand that it might be the more advanced play. It'd
- 14:50be like the difference between investing in Apple or Nvidia, and they may think
- 14:54of it that way, just simple and simple terms. What's what's the more
- 14:58future proofing and really the more i won't say volatile, but the more upside
- 15:05to it. And I think that's where the theeum plays into this other things
- 15:07that are happening right now. Don't forget, by the way, drop some
- 15:11questions in the sidebar. We'll try to get to as many as we can.
- 15:13If you haven't smashed the like button yet on these live streams, do
- 15:16you like the live streams? If you do, let us know put those
- 15:20in there and it always helps here of course, is the big news this
- 15:24week, and this happened today July first. We'll be remembered as a major
- 15:30moment in the development of this new Internet financial system and it marks the end
- 15:35of the beginning stages of digital assets. So what they're talking about is Mica
- 15:39MIKA went into force today. Now we have digital asset, stable coins,
- 15:45etc. That are going to start to play out all around the EU,
- 15:48and I think this is where traditional business starts to get into it and really
- 15:52starting to understand there. Of course is Jeremy Lair, there's Patrick Hanson,
- 15:56handful of others of course focused in on that. Now what does this mean
- 16:00right now? It means that the EU has executed on a long plan taking
- 16:06MECA out into the markets. It also puts a lot of pressure now,
- 16:10I believe here on the United States we continue to see sent a position where
- 16:14we seem to be fumbling the ball quite a bit, but there are some
- 16:17opportunities here. MECA, of course, I think, is going to show
- 16:18the way. So a lot moving in the right direction. Here. Of
- 16:22course, is a layer also setting in the meme that USDC is the global
- 16:26venmo keeps spreading, USCC is the world's leading digital dollar, and that is
- 16:32going to be one to pay attention to those kind of statements for sure.
- 16:37So heads upright here. Circle is also hosting a press conference in Paris.
- 16:41They're going to make an important announcement. So what are they going to say.
- 16:45We'll see, we'll report on it soon because it could be a variety
- 16:48of things. I'm thinking of major adoption, possibly by one of the major
- 16:52banks in Europe. Questions who it would be, and also and or a
- 16:56major company could be one of the telecom companies, et cetera that play into
- 17:00that other points. Metallic says, hey, we've got to propose a faster
- 17:06ethereum. This is something that I think some people have looked at before.
- 17:11Butterin is looking to speed up the transactions on ethereums. Now we're by using
- 17:14tools to potentially cut layer one one confirmations from a few seconds to milliseconds.
- 17:18This has always been a challenge with ethereum, not in the sense that it
- 17:22can't handle transactions, but it needs to be able to handle, you know,
- 17:26kind of these lightning fast transactions to be able to get into that next
- 17:30phase of being used as money. And I think this is one of the
- 17:34things that we'll probably see more and more advancements within the ecosystem. I want
- 17:40to flip over to another clip real quick. This is Kathy Wood talking about
- 17:44digital wallets, which is going to be a huge need in a very fast
- 17:48period of time. Take a look, what do you see blockchain stocks in
- 17:56crypto but I think of blockchain stuff and crypto generally, well, we're very,
- 18:03very excited about crypto assets, so Bitcoin, ether solana are. Our
- 18:12choice is to look for those companies that are going to give us a digital
- 18:18wallet, because we're not going to have many digital wallets. It's a little
- 18:22bit like credit cards. We don't want too many credit cards, which just
- 18:26now Robin Hood is having the credit card. Yeah, oh yeah, the
- 18:29flat guy is pretty smart. Yes, yes, yes, yes, yes.
- 18:34I just wanted to play a clip mainly because what we're seeing now,
- 18:37and it's ironic because you know, even my own kids are kind of getting
- 18:41to the age of where they start to understand investing, and I think we're
- 18:45going to see the Alpha generation really start to make a big dentt already,
- 18:49a gen Z is going to make I think a fairly significant move into understanding
- 18:55digital assets. This means adoption It also means the potential for a lot of
- 19:00different companies that could adapt to that, because that's a huge deemographic that they're
- 19:03starting to target, and that I think we'll get into things like loyalty,
- 19:07NFTs, all that playing into it. Other things to keep an eye on.
- 19:11Right now, we've been watching this this course is poly market. You
- 19:14can kind of see a little bit of the volume starting to spike right here
- 19:17if you guys are not aware of poly market astronomical success, most important story
- 19:21in crypto right now, but it's obvious that we're going to ignore it when
- 19:26we should be screaming from the rooftops. And of course this is things they're
- 19:29playing around, kind of the betting angle right here. If you go back
- 19:32over here and kind of see it's super simple, easy to use, and
- 19:37just for instance, you know this is the one on Biden potentially dropping out
- 19:40of the race. Right here, you can go in and bet within it.
- 19:44So kind of interesting. I think we'll probably see some more action here
- 19:48for sure, last up here, and then we'll get into the chart and
- 19:52take a couple of questions. Real quick bursting and analysts highlighting crypto's role and
- 19:56making elections market's more efficient. But again, I think the key here is
- 20:00we're going to probably see more involvement in elections, especially with blockchain. It
- 20:07may not happen by this particular cycle, but I think as we see this
- 20:11move forward, it is going to become a huge part of how we vote.
- 20:17But biggest of scenario of all I think is this is a larger demographic.
- 20:22This starting to get exposure to this and understanding the candidates. Are they
- 20:26aware of it? And that's what has been one of the things I think
- 20:29that has pulled Trump out in front RFK to a certain extent. Even Biden,
- 20:33you know, to a certain extent, has had some response in terms
- 20:37of positivity around crypto. I want to get over to the charts real quick,
- 20:41and before we do that, I want to take a look at our
- 20:44poll today. Let's go to that real quick, all right, When will
- 20:48ethereum ETF launch. People are pushing into seven days or less at thirty three
- 20:52and July or August. I'm kind of with you, guys. I feel
- 20:56like the July August range is better. Probably later in July, could go
- 21:03as far as August. We'll see how that plays out. A couple of
- 21:07things I want to hit on right here Bitcoin's price. Let's go in too,
- 21:12Bitcoin take a little bit of the movement up as you see kind of
- 21:15starting to see a little bit of movement up here, holding it around sixty
- 21:19three to three right now. I think this is another thing when you look
- 21:23at bitcoin overall, is this because this has been one of those resistance areas
- 21:29around sixty thousand dollars that we haven't necessarily been able to do. I don't
- 21:33know that this market is still showing any good signs in terms of significant upswing.
- 21:40You know, when you look at some of the sentiment data that we've
- 21:41played out on this. By the way, we are getting ready to do
- 21:45something pretty big with our sentiment indicators within trading views. So that's going to
- 21:52be launching very soon. If you're not in the diamond circle, get in
- 21:56you can learn more about that, how it works, how we'll be able
- 21:59to use it, all that good stuff. But if you look at Eth
- 22:00versus Bitcoin right here a little bit here on, you know, Ethereum continued
- 22:07to hold out a pretty good position right here positively over Bitcoin, taking a
- 22:11little quickly at Eth starting to come up slightly, holding that thirty four to
- 22:17seven range, which is not bad considering there's a little bit of a pressure
- 22:22right here at around thirty five hundred. This is the one that I think
- 22:26is significant because this is going to play out as to whether or not we
- 22:30see once we see the ETF come in, is this the period of time
- 22:33where you see that little bit of a run up. Let me give an
- 22:34example of this. Let's go back over to bitcoin and we'll squeeze out here
- 22:38to the ETF and if you look at the ETF launch, we kind of
- 22:45zone in on this area right there, and we'll just zoom into this section
- 22:51right here. Yeah, all right, So if you look at this ETF
- 22:53launch date right there, January tenth, the run up was pretty solid because
- 22:57everybody kind of knew what was playing into this. We saw a little bit
- 23:00of that dip, and then of course everybody knows what happened after that,
- 23:03we saw all time highs that could be the trigger for ethereum going forward.
- 23:10Of course, I'm using the lux algo signals and overlay right now to kind
- 23:14of map this out with where this plays out within Bitcoin. So definitely something
- 23:19to keep an eye on right now, because if if ethereum, let's go
- 23:23back to the chart real quick if Ethereum is starting that upward track prior to
- 23:29the ETF, because most likely if we hit the ETF, those first couple
- 23:33of days of inflows are going to be very critical because I think it will
- 23:37indicate whether or not we see a downtrend or an uptrend. Now that's only
- 23:40if you're trading these kind of things on short term basis. You're looking at
- 23:44long term. All this guys' noise, This is simply an up chart right
- 23:48now for Ethereum. I think the opportunity is pretty significant there. We'll take
- 23:52a couple of questions right here, Doctor J says trump Mean coin's good,
- 23:56DJ move. Iight, hey, listen, Meme coins are kind of right
- 24:00now. I think they're in and out. There's a handful that are pretty
- 24:03solid, some of which we talk about. We're gonna probably have Jackie again
- 24:07on this week. We'll probably jump into some mean coins. So if you're
- 24:11not subscribed to the channel, do that because it's going to give you notifications
- 24:15on lives, but it will also put our videos in your algorithm there on
- 24:19YouTube and help you find more about that. Paul, any idea who gets
- 24:23an ETF after eth Well, it's going to be Solana. I think Solana
- 24:27is the one that is coming in. That's Van k We did a whole
- 24:30video on that. Go back and watch the Van x Salona video. We're
- 24:34going to have Van k on. I believe it's next week we'll have Matthew
- 24:37siegeal On. He's going to be talking about that very issue. So we'll
- 24:41definitely give you guys more detail on that. It would Corey comes in and
- 24:45says it would make more sense that they drop the ETHTF early next month to
- 24:51shock the market into a frenzy. Why would early next But what would be
- 24:55the timing there for that one, Corey, I don't know. Drop some
- 24:57more comments and I'm kind of curios on your take there. Sundown Pyro says
- 25:02defile on bitcoin coming, King wants liquidity back. I agree that could happen.
- 25:07We don't need any ETF. Well, that's too late for that.
- 25:11It's coming. Road Rage says big run coming after approval. I think that's
- 25:17the key, you know, because some people will sell off. And it
- 25:19was kind of like what Hogan was talking about is you're going to see some
- 25:22volatility because of the way the market will play it. And these are not
- 25:26large percentage Because the stakers and the potential long term holders of eth, they're
- 25:30probably not even going to be a phased by this. That would be someone
- 25:33like me, But for somebody coming into the market for the first time,
- 25:37this could definitely be in a position where they're in and out or in and
- 25:41learning how to move forward on this. James Savage says, Hey, Paul,
- 25:45any chance micro Strategy makes the S and P five hundred and September,
- 25:49Oh, that would be a good one. That's a really good topic.
- 25:53You know, there's a handful of people I've been talking with that are calling
- 25:57for that, and that would be very I mean it's been you know,
- 26:00micro Strategy, they're continuing to play out a very strong card obviously to what's
- 26:07happening with bitcoin. How come Avax mean coins are more accessible like on coin
- 26:11bas Salona next ETF. So Avax has always been I mean, there are
- 26:17you there are platforms out there in which you can get these. We've shown
- 26:19a lot of those. Go back watch our Avax playlist. We have an
- 26:22entire playlist on projects within the Avax ecosystem. Very bullish on Avax as a
- 26:27whole. I do like it. I still hold my chembo, So hey,
- 26:32man go with it. With more people expecting the ETHTF later in the
- 26:37month, the pump would be factored in. Well, that's back to my
- 26:40point is that we're seeing the upswing maybe right now and would be surprised.
- 26:45More people creating prize, more people creating prize, more people creating prize,
- 26:48more people creating prize, more people creating prize, more people creating fumma.
- 26:52People are gonna ask the question, what is etherory? Remember these are people
- 26:56that they're not in crypto. They've heard enough about bitcoin, they kind of
- 27:00heard about ethereum, But what's the use for. That's where I think the
- 27:03asset managers will start to kind of educate, to kind of educate, to
- 27:08kind of educate, to kind of educate, to kind of educate to kind
- 27:12of educate people will get that completely. So that's the angle they need to
- 27:18play bullets on bitcoin mining stocks. I mean, you know, it's in
- 27:22and out. We did a whole mining video breakdown last week that kind of
- 27:26gave some of the scenarios that are playing out. Mining. Discereros are playing
- 27:30out mining, discereros are playing out mining discearros are playing out mining descearros are
- 27:36playing out mining. Descearros are playing out mining, dishroine. They were talking
- 27:38about diversification and acting as data centers, and bitcoin mining was one of those.
- 27:44So yes, if you believe there's cloud compute, AI compute, render
- 27:49compute, those kind of things coming into that market, then you've got potentials.
- 27:53Then you've got potentials. Then you've got potential. Then you've got potential.
- 27:59Then you've got potential, then you've got potential, then you've got potential.
- 28:03Fox. What they're saying there is that the Bloomberg guys are pulling back
- 28:10off of that July second date and pushing it out to possibly next week.
- 28:15I think they're saying, Seifert and dal Shuness, we're both dal Shuness.
- 28:18We're both dal Shuness. We're both dal Shuness. We're both dal Shuness.
- 28:23We're both dal Shuness. We're both dal Shuness. We're both email. We
- 28:27are getting ready to launch the Diamond Circle community. We've been working on this
- 28:32for quite a while and it's about ready to go live, so be on
- 28:37the lookout for that. There's gonna be a lot of changes over there.
- 28:38We're doing air drops over there, doing air drops over there, doing air
- 28:41drops over there, doing air drops over there, doing air drops over there,
- 28:45doing air drops over there, doing air drops over there. On Techpath