Latest / The Paul Barron Crypto Show / Bitcoin & Ethereum Updates🔴Crypto News Round-Up

Transcript

Bitcoin & Ethereum Updates🔴Crypto News Round-Up · The Paul Barron Crypto Show

0:07
A lot more news coming into the markets. On Crypto today will be breaking
0:11
down a handful of things, including Blackrock news, what we'll hear from chair
0:16
Pal, and of course a lot of other things that of course are going
0:18
to have some impacts on crypto you don't want to miss. Up. My
0:21
name is Paul Barren, Welcome back into tech path. I want to thank
0:23
our sponsor today and that is I Trust Capital. If you're looking at long
0:27
term holding and you want to do it in a CRYPTOIRA, you can actually
0:31
transfer your iras into I Trust Capital. You can start a brand new one.
0:36
A lot of great tax benefits. Of course, always you know,
0:40
check with your tax advisors, but this is a great way to start looking
0:44
at long term holding and avoiding those capital gains tax as. You guys continue
0:49
to go into investing in different ways. All you have to do is use
0:53
our link. You're going to get a one hundred dollars funding reward, and
0:56
of course you can get into gold, silver, bitcoin, ethereum, all
1:00
sorts of all coins self directed over on the I Trust platform. Just check
1:03
it out and use our link down below. All right, a couple of
1:07
news stories I want to get to. First up is of course, the
1:11
US fifty percent of US hedge funds now have exposure to bitcoin as the bitcoin
1:18
crushes stocks in twenty twenty four. This is something that I'm hearing more and
1:23
more by asset managers, you know, in some of the circles that I
1:26
run in, and you know, I talk and work with a lot of
1:30
people that are doing this, you know, primarily for high network individuals,
1:36
and this question is coming up more and more, and that is what is
1:38
the percentage? What is the percentage of your portfolio that you should be looking
1:42
at, especially in sophisticated investors that are not necessarily sophisticated in crypto, And
1:49
that is the biggest question. Hence, while we're seeing so much movement here
1:53
on US hedge funds, so a lot happening there. I was just looking
1:57
at some of the topics exposure right here, said Adel. Of course owning
2:02
bitcoin, Millennium owning bitcoin, Mariner owning bitcoin. Not much, but you
2:07
can kind of see there's quite a few. And then of course even Schofield
2:13
that's interesting. Sixty seven hundred, pretty good, not bad, some good.
2:16
I think this is good for you know, these early stage adoption cycles
2:21
that we are getting into I want to go to a clip real quick because
2:24
this starts to compare how these ETFs, these bitcoin ETFs have been performing against
2:30
the very best in the market when it comes to S and P stocks.
2:34
Take a look. I think this is fascinating that you guys took a deep
2:37
dive into the kinds of ETF set i'll perform the broader market without in VideA.
2:42
What kind of funds do that thematically? What did they look like?
2:45
Yeah, for sure. So there's three categories that really stuck out, Crypto
2:47
being number one. That was definitely the probably the best performing sector. They
2:52
have some in Vidia exposure, but very little. The second one was just
2:54
a splattering of random countries Japan, India had done really well. And the
2:59
last one taxi like a US story, a lot of home builders, anything
3:02
kind of US reshoring has been doing really well with almost no exposure doing videos
3:07
all right. So that's interesting with the comparisons there, because I think that
3:12
is one of the things is we look at, you know, investors in
3:15
general, the S and P especially the tech stocs and Nvidia I think would
3:20
have to be the you know, the alpha dog. That could become a
3:23
question of how do you balance that portfolio in the future. And if we
3:27
get a slight move from S and P five hundred portfolios into crypto, whether
3:32
it's Bitcoin, the ethereum, etf any of those, this could be significant
3:38
in the way of adoption, but also just in the order inflow that could
3:43
be coming. So big news for sure. Other things that we're kind of
3:46
tracking in on. And don't forget make sure and smash the like button if
3:49
you like these live streams. We'd love to get your feedback. Drop some
3:52
comments over on the sidebar, and don't forget hit the poll. I want
3:55
to kind of get your opinion on that. Here is Genevieve talking about I'm
4:00
not sure who needs to hear this, but stock market is electing the president.
4:03
And if you look at the performance of the stock market, I mean
4:08
we've hit what is it, twenty five plus all time highs for the S
4:11
and P. It was up again today. We're continuing to see that track
4:15
up. I'll show you the charts that here in a minute. But that
4:17
I think is a little bit interesting because if you looked at the current position
4:23
of where Biden is compared to what we're dealing with right now with maybe other
4:28
candidates, including Trump, because of course he claims that all the time.
4:31
It'll be a bit of a race here. I think even if we don't
4:34
have Biden in the race going forward to kind of claim victory, you know,
4:39
from this is a great stock market kind of thing. Here's Kobeec kind
4:42
of talking about this. The SNP five hundred just recorded its best half of
4:46
election year since what was that seventy six wow? Fifteen percent rising? So
4:51
what does it mean going forward? Historically ten percent rally in first half was
4:57
always followed by an average return of about seven okay, at the same time,
5:00
average max draw down was around almost nine percent according to LPL, And
5:05
then you had an election year s and P five as seen gains four point
5:11
two percent since nineteen fifty, so that I don't know that this would be
5:15
I mean, yes, it's good in the sense that election year is up.
5:18
The question will be how does this really translate to the crypto markets,
5:24
because I think again it still boils down to liquidity being able to get into
5:29
some of these things and the other thing. Of course, obviously we'll have
5:30
the ETHTF I think by then, you know, November, and that may
5:34
have a big bearing on how well crypto is doing overall in terms of inflows.
5:40
Of course, that in itself I think has a little bit of a
5:43
bearing on the S and P five hundred. Now, with all of that
5:46
being said, you have to really consider are we gonna get a rate cut?
5:49
That's really what it boils down to. Do we get a rate cut
5:53
this year? And if we do, is it coming earlier or later?
5:58
Here's Chair Palell at the ECB in Central Banking Forum talking about that. Take
6:02
a look, Sarah Powell, you have also been on a journey and have
6:08
been on hold since last July. Have not cut rates like the ECB in
6:13
June? Why not? What are you waiting for? So let me say
6:15
that sitting here last year, we didn't there was a lot we didn't know,
6:20
and we didn't know that we were just about to embark on a period
6:25
of seven months of much lower inflation readings. We didn't realize that the second
6:29
half of last year was going to be an extraordinary year from a growth standpoint
6:32
and also from the same point in the labor market. So things actually worked
6:35
out in the second half of last year in a remarkable way. Then,
6:39
as you know, in the first quarter of this year, we continue to
6:42
have solid growth in the first half, actually solid growth, and a labor
6:46
market that's still strong, although we've seen a continued rebalancing in the labor market,
6:50
and inflation, after pausing in the first quarter, now shows signs of
6:56
resuming its disinflationary trend. So it's a little bit different journey. Where that
7:00
leaves us is we've made quite a bit of progress in bringing inflation back down
7:04
toward target, while the labor market has remained strong and growth has continued.
7:09
We want that process to continue. I think the last reading and the one
7:13
before to an inflation the one before to a US or extent, do suggest
7:18
that we are getting back on a disinflationary path. We want to be more
7:23
confident that inflation is moving sustainably down toward two percent before we start the process
7:29
of reducing how tight our policy is, of loosening policy. All right,
7:35
So he's kind of sidestepping the question, but you know, disinflation is He
7:41
appears to be have accepted that disinflation is occurring, simply meaning yeah, we're
7:46
seeing it come down. The question is how long does this hold and does
7:49
he get any surprises between now and November, because remember we're still dealing with
7:55
probably a September or October scenario. But this is awful close to an election
8:03
time period, so I don't know. I'm still questioning whether or not September
8:05
is the date. Now. They asked him that specific question. Take a
8:11
look at how he answered, how much more confident do you want to be?
8:13
The PCE number two point six? That wasn't too bad that we got
8:18
last week. That's right, So we're actually on a twelve month basis,
8:20
we're actually at two point six both headlining cores for inflation. We wanted,
8:24
we just want to understand that the levels that we're seeing are a true reading
8:30
on what is actually happening with underlying inflation. So September, I'm not going
8:37
to be landing on any specific dates here today. Let me also say that
8:41
we're well aware that if we go too soon that we could undo the good
8:46
work we've done a bringing down innation, and if we go too late,
8:50
we could unnecessarily undermine the recession, of the recovery and the expansion. And
8:56
so we're aware that we have two sided risks now more so than we did
9:00
a year ago. That's a big change, I'd say risks are coming much
9:03
more into balance now. Oh, first of all, I don't like those
9:05
Freudian slips like that because that always worries me when because that's on their mind.
9:11
The other thing, I think it's going to be later, you know.
9:13
He kind of gets away from the September question kind of in a big
9:18
way, you know. So it goes back to the point I was making
9:22
is that likelihood is not going to happen right before the election. It's kinda
9:24
has to put I think it has to happen post election though, that in
9:28
itself would probably be pretty good breaking news. Uh. They just sent me
9:33
something coming in from the crypto pit uh etp uh has been approved launches today
9:39
as Virtune Vertune for the XRP ETP. So there you go on NASA X
9:45
So this is coming in on Stockholm of course. So that's big news,
9:48
I guess for the XRP guys, and I think for Ripple in general.
9:52
So it's nice to see activity going there. Let's get back into it.
9:56
A couple other things that are coming in right now in terms of news,
10:00
and that is the judge is signing off on the XBI schedule for consensus.
10:05
This is coming in from the suit against the SEC. So the likelihood is
10:09
we're going to continue to see Gary Gensler taking ols. And you know,
10:13
we were kind of talking about this today, is you know, has Gensler
10:16
kind of been in a position of quiet quitting. Is he already kind of
10:22
set back and already relegated to There's no way, there's no way out for
10:28
me on this with the amount of things that we've seen in Chevron deference,
10:31
the rulings, what we've seen in the number of law of cases that have
10:35
been lost, and then just the continued overrun. I think of what's been
10:39
happening from the courts going into this, it's a big deal. SEC could
10:45
approve the ETHTF as soon as July fourth, per ruterers, And this,
10:48
of course is one thing I want you guys to be aware of. This
10:52
is where you have to be cautious when you're trading because there's a lot of
10:56
fake news out there and double check sources, et cetera. They even did
11:01
a community check against this, as there's no report of routers which supported the
11:05
claim. And I'm still thinking, you know, this still is a post
11:09
July fourth, even though there are theories I won't get into them about that
11:13
this may be a surprise approval which would and could help some of the ETFs
11:20
themselves, much like you know what we've seen in the past with these.
11:24
So first thing I tell you is if you if you are brand new to
11:30
crypto, first of all, just be very cautious on any news, double
11:33
check it, triple check sources. Once that's been done, yeah, you
11:37
may miss some of that pump if there is a pump, or some of
11:41
that fall if you're trying to dollar cost average, but it's better to be
11:45
I think safe in these kind of scenarios because this is a this is a
11:48
big deal. I think at eth is going to be moving into crypto's two
11:52
favorite ETF analysts there, of course, is James Seffert right there on screens
11:56
are split on what to expect out of the ETF. One we have Balshunis
12:01
who's saying fifteen to twenty of bitcoin inflows, and the other Seyfert, says
12:07
twenty to twenty five of bitcoin inflows. And if either yes, I would
12:11
say that both are right, but I think they're both low. I think
12:15
they're both low. So I'm gonna throw my hat in the ring and say
12:16
we're probably somewhere in the range of thirty five to forty percent of bitcoin ETF
12:22
inflows. This is going to be a big I think a big deal for
12:26
eth. And also when you talk to asset managers and I talked to a
12:30
handful here in South Florida, they're talking more about ether than they are about
12:35
Bitcoin, just saying you know what does that mean? They're talking to their
12:39
clients and that creates inflow in a big way. Don't forget drop some questions
12:43
in over on the side. We'll get to this next story. Try to
12:46
get some of your questions. Black Rock is teasing index for private markets after
12:50
this quick prequin deal. And this is an interesting deal because if you look
12:54
at Blackrock and you follow Larry Fink's moves, he's actually telegraphing his moves in
13:01
a way in which it sets up Blackrock to be kind of the leader in
13:07
some of these markets. And we know what they're after in terms of real
13:09
world assets, what we're going to see in terms of private equity, which
13:15
is the private market indexing. That's what this is really all about. I
13:18
want to go to a couple of clips here to explain it, and I
13:22
think this could be good for crypto as well, but I think it's a
13:24
bigger push for Blackrock. Let's go to this first clip. Blackrock is set
13:30
to acquire database provider Prequin for three point two billion dollars. They bought Gip
13:35
earlier this year, they're now buying Prequin. They seem to be making this
13:39
massive alternatives push. They are. You know, it's a company that has
13:43
at the end of March ten and a half trillion dollars best known originally as
13:46
a fixed income manager, then a massive deal to expand in to ETFs and
13:52
index assets, which of course boomed over the last ten to fifteen years.
13:54
And what they see now and in the last matter of six months to a
13:58
year or so is the growth the really fast growing world of private assets.
14:05
And they've made a concerted push to expand and try to bulk up both in
14:09
scale, assets, technology, risk management across the kind of different parts of
14:16
Black Ross company. And the second area is in terms of technology, how
14:20
to integrate the potential risks of that private assets alongside public security stocks and bonds,
14:26
which they've already are dominating markets for. How do they combine public and
14:31
private assets into kind of a whole portfolio and their play and idea is putting
14:37
it together essentially as one firm. I want to read a quick quote from
14:41
Larry Fink on the call with investors. We believe we can index the private
14:46
markets. So one thing that is you kind of have to be aware of
14:50
is in the article they talk about this right here. It could start offering
14:54
indexes on exchange traded funds for private markets. This would be pretty big.
15:00
The ASTA Matters said, this is based on the deal for a prequent,
15:03
but the move underscores Blackrocks push become a major player in alternative assets. He
15:07
also talked about that. But this is becoming a huge and much bigger component
15:13
of investors' portfolios. I think that's the bigger point to take a look at
15:18
because I look at even my own portfolios. Sometimes private markets, venture funds,
15:24
private investment into whether it's family office or private equity. Those are opportunities
15:28
that I think that again right now are pretty much untapped. So it's a
15:31
massive market and we could see some moves within this that could play its way
15:37
into blockchain. They go further into this rather than buying private asset managers outright,
15:41
which is interesting. This is kind of the torgent trojan host approach where
15:46
it means they're getting the data that offers the software to the people that they're
15:50
buying. So now they kind of already have the relationship and they also have
15:52
a little bit of insider information. So pretty big deal here. Alternative assets
15:58
encompass everything other stocks and bonds. Mostly consists of assets they're privately traded and
16:03
not on public exchanges or stock markets. This is the unchartered territory out there.
16:10
So what does prequin get out of this deal? I'm kind of curious
16:12
because what's in it for them other than you know, billions of dollars in
16:17
the acquisition. Let me go to this clip. So this was a hard
16:22
for asset to say the least prequent. What do they get and why not?
16:27
Man, that's a really great question. And yes, this is the
16:30
deal that was hammered out just a few hours ago in a space that is
16:33
one of the hottest in the financial world right now, which is private capital.
16:37
Private capital is expected to grow to forty trillion dollars by the end of
16:41
the decade, and Blackrock wants to be in the mix there. Now.
16:45
One of the challenges in that private capital space, we know is data.
16:49
The data is just not as readily available as it is for private assets.
16:53
So what Blackrock gets here is access to the one hundred and ninety thousand funds
17:00
that Prequent tracks, access to the sixty thousand fund managers that Prequent tracks.
17:04
I should note that Prequent is based here in London and also has a history
17:10
of tracking data for private equity and hedge funds. So in a world where
17:14
data is the new oil, what we are seeing with this deal just hashed
17:18
out is that Blackrock has effectively bought a petroleum field. One of the issues
17:22
that's really interesting when you talk to executives at these fund companies is this issue
17:26
of education. So even though in the financial space this is one of the
17:30
most sought after assets, when you go down the chain, when you talk
17:33
to financial advisors for the wealthy, and when you talk to the wealthy themselves,
17:37
they're not necessarily aware of how alternative assets work. They're not necessarily aware
17:42
of how they fit into that kind of sixty forty portfolio that a lot of
17:45
investors are very familiar with. And so what this does for Blackrock is it
17:49
gives them data at a time when they're trying to educate the consumer, educate
17:55
the financial advisor, and they can go to them with this data offering as
17:57
well. Get that, because you're probably going to see a handful of potentials
18:03
there, maybe even within the crypto markets that could flow into this in the
18:07
future. So black Rock is just strapping up, you know, they're getting
18:10
into all markets when it comes to these types of things in terms of financial
18:14
instruments. Speaking of that, I want to get into a little bit of
18:17
the ETFs, but this is more around what is the future of these long
18:21
term ETFs, whether it's the bitcoin ETF for how maybe Ethereum could respond.
18:26
This is a clip from RBC Capital Markets on maybe how US investors could kind
18:32
of compare this to what's happening in Canada. Let's go to that clip.
18:34
You know, current AUM stands at one point five billion in Ether ETFs,
18:38
which might sound a bit small fry, but there is about four point five
18:42
billion in bitcoin ETF so the ratio is about three to one on assets from
18:48
bitcoin to Ether, So I'd argue that's not an insignificant amount and that's probably
18:52
something here to stay. And then looking forward in Canada, we have a
18:56
one ticker solution for multiple cryptocurrencies within ETF, and I think that gets really
19:00
exciting when we talk about the advancement of digital assets within ETF wrappers and just
19:06
real quick Bitcoin pitch to the boomers as digital gold, Okay, got it?
19:10
How do you pitch Ether? How is it getting to those older investors?
19:12
You know what, Again, that's a little bit out of my wheelhouse,
19:15
but I think it is adding that diversity mix. Right. I'm not
19:18
all in on bitcoin, you know, obviously there's the whole staking thing which
19:21
we're not going to get into here. But again, if you can kind
19:23
of layer in broad cryptocurrency exposure and then it's not just I'm on the whims
19:27
of Bitcoin and mount Gox, you know, that's the news of this week.
19:32
I can have kind of a diversified book of cryptocurrency instead. I think
19:36
that makes a lot of sense. I think that's the package that's coming,
19:40
is these diversified ETFs. You know, Yatsue mentioned his that will are not
19:45
his, but that we would see a more combined basket of whether it's gaming,
19:49
web three all that. I think that's coming. I think we'll also
19:53
see a handful of maybe some of the blue chips starting to come together.
19:59
You know, if you combination of some of the top twenty that could come
20:02
into that. You could see things around Chainley, you see things around Avalanche,
20:07
the key here with Solana going out, we've seen that come to it.
20:10
We're gonna have Van k on the show next week talking about the Salona
20:12
ETFs. But I think as we start to analyze that and where the markets
20:18
are trending, these are very significant moves in crypto in general. So you're
20:22
still very early. If you're brand new to the channel, make sure and
20:26
subscribe right now. Just hit that little subscribe button. You'll get notified.
20:30
Also if you hit that bell of when we do these live streams. You
20:33
compare this on the grayscale ethereum trust, you know, this kind of gives
20:38
you a little bit of notice right here on the one year of the growth
20:41
that we've seen there. If you kind of compare that to the GBDC here
20:45
on bitcoin, the high has been pretty much since January. Well, let's
20:52
go back here, actually since March. We'll we'll go ahead and give it
20:55
to that second high, but since then it's been declining. Of course,
20:57
we know why we've seen fidelity and growth there with Blackrock. So I think
21:02
get ready because we're going to see a lot of ETFs coming to market.
21:04
Solano will be next. We'll see more that I think we'll start to make
21:08
their ways into what's happening with the SEC and with all the pressure on Gensler
21:14
and with the democratic positioning I think of being kind of perceived as you know,
21:18
knocking on innovation. We may see some pretty interesting stuff coming for sure.
21:23
All right, don't forget to drop some questions and over on the side.
21:26
We'll get to the poll here in a second. Other news real quick
21:30
here is robin Hood considers listing crypto futures in the US Europe and this is
21:36
coming in from Bloomberg. So that would be kind of interesting right there,
21:40
on crypto futures for Robinhood here in the US. Would you guys do that
21:44
or stay with Bybed or others out there that you're using some coinw etc.
21:49
Here's Mark Cuban comes in. Gary Gensler changing the S one form so the
21:53
token based companies can actually get registered be a game changer. I agree with
21:57
that one. This is isn't that crypto companies don't want to register as the
22:02
issues that they like to try putting a square plag in around home. It
22:04
doesn't fit. You know, some of the stuff that we're trying to do
22:07
just doesn't apply to what has been built within a financial ecosystem that is just
22:14
dated. And I think that's the problem. Hence Mika. Mika has already
22:17
put that in place, already has the website enabled for that. That's how
22:22
far they are ahead of us. My guess is that you have never actually
22:26
gone through the academic except I've trying to registro token doesn't work all right,
22:30
So some quick I agree, Yes, Mark is on top of it.
22:33
You think we'll have the round table coming up? Because I think we're going
22:37
to get delayed on this, especially if Biden isn't or if he steps away
22:42
from the race and it's automatically canceled. I'm just wondering if we'll go through
22:47
it now. Maybe one of the last things if he decides to stay in
22:49
the race, it could be one of the last ditch efforts by the Biden
22:52
camp to get that round table, maybe in the front of the press so
22:57
to make him look a little bit more pro crypto. I don't know.
23:02
Mark Cuban forgot to get this was of course a thanks for putting together Gary
23:06
Gensler and notice and his war on crypto is going to cost the Postus of
23:08
the election. I think that's the other reason that we saw the roundtable come
23:12
together there. So whether this actually changes anything in the Democratic Party is still
23:18
at question. I think right now the Republicans pretty much have have it to
23:22
lose unless we see something weird, and that is, you know, this
23:26
whole replacement theory. So that's another conversation. By the way, we did
23:30
a video on that with Jackie, so you want to get some of that
23:33
going, go back and check that video out. Other things, if we
23:37
look at the markets, of course, Bitcoin going slightly down at around sixty
23:41
two k after hitting sixty three and some change almost a sixty four yesterday and
23:45
a little bit of movement downwards. So things that we've been watching a little
23:51
lux Algo indicator here definitely on the down trend for sentiment, still holding on
23:56
soft sentiment for bitcoin. We have not seen that one break out. Eth
24:00
on the other hand, has been a little bit more positive though it's showing
24:03
some sideways down movement right now on the lux Ago indicator. Eth maybe one
24:10
that might be in a position or are thirty four hundred we'll see. I
24:12
mean all this pending up to the eth ETF. A couple of questions coming
24:15
in. Let's take a look at the poll real quick. See what you
24:18
guys think. All right, Could the ETF shockingly launch before July fourth?
24:25
Everybody's on no. I'm with you, guys, no, because even though
24:30
it's see, it's almost like the tenth Man thing when everybody says yes,
24:33
you have to say the other side. So a lot to consider. Here's
24:37
some questions coming in. Doctor j says, is the Democratic Democratic Anti Crypto
24:41
Party dead? First of all, it's politics, so you can never count
24:47
them out. And second of all, it's Elizabeth Warren, so you can
24:52
never count her out. Do not stop fighting until it is done. And
24:56
that means supporting your candidates, getting out there, voting and understanding what they
25:02
stand for. That's the other thing. So stand with Crypto does a good
25:04
job. Coinbased team really does a good job in understanding what's happening out there.
25:08
Jazzmy will go to the moon if and when ETHF launches, could be
25:12
there. Craig Wayne comes on on that one. We've talked about jazz me.
25:15
Quote you know, it's a project we like, and we've talked about
25:18
it quite a bit here on the channel. Leon says, well, the
25:22
eath price dump after the EF approval of what's happened after p coin? Yeah,
25:26
that's that's similar. This is a conversation our research teams has all the
25:30
time. How does bitcoin respond after or excuse me, eth respond after the
25:34
ETF? If you look at some historical yes, there's been some softening,
25:37
but then it's kind of just straight up into the right. So I think
25:41
Ethereum is in for a pretty interesting ride. Adam says a to ETF will
25:47
come in the next year for sure. Is really was was he really?
25:53
I don't know about that one. Any hope for eth ETF? That one
25:57
was going so fast, Sorry I missed it. Do you think we could
26:00
hit a golf ball further than Biden? Yes? I think I could.
26:03
Yeah, I think I could. I think I could roll it further than
26:07
Biden could hit it. Favorite deepen games? Oh gosh, Gym's uh,
26:11
so many you know we've covered We've covered deepens a lot. Go back into
26:17
I think do we have a playlist on deepens yet? I mean, we've
26:19
covered so many. Check some of our past Deepen videos because we've had We've
26:25
got a lot of them out there, and there's a lot of gems within
26:27
those. XRP is the financial oil of the future. X are pretty strong,
26:33
but you know there's still a lot of other projects out there. Eth
26:34
ETF tomorrow. There it is Crypto Helly has called it. The ETF is
26:41
coming tomorrow. I like it. You guys are very bullish on this one
26:45
for sure. Fox Molder says, yeah, I'm not gonna do it.
26:48
I like the hoktool button. But that's a good one. That's an inside
26:52
Sure everybody knows what hock tool is now right. The Hot Too Girl bull
26:56
Run starts next Tuesday. Everybody likes that. Okay, that can maybe maybe
27:02
I think we could see some action, you know, if you look at
27:03
the charts, the ones that we've talked about. Solana, of course I
27:07
had to bring it up. Solana has been up since what are we up
27:11
here on the daily If we go down here towards little candle and where it's
27:15
holding, what is that twenty five percent since June twenty fourth. That's not
27:22
a bad little move for Solona holding it at one point fifty three up really
27:26
on the big mover of the day. Also the other one that I'm watching
27:30
that you guys will probably go, wait a minute, I didn't know Paul
27:33
was into that, is this one right here, Hbar. This is one
27:37
that I think, Uh, we've been in and out of h Bar,
27:41
and again I'm always looking for Hbar to drop some little like nuggetive news because
27:47
they're all based on governance. This is another one that I think is good.
27:49
Hey, Paul, another judge just cited Ripple. Judge agreed, Yeah,
27:55
this is listen, guys, it's going to be just a waterfall of
27:56
Fleck effect in terms of the amount of cases and things that are going to
28:02
be changing on the regulatory front. So it's going to be a busy summer
28:07
sec my surprises like they did with the approval right before the holiday. That's
28:10
true, we could have that happen. It's margin Lark third, so that
28:12
would be interesting. That's a good point from Crypto bad Fox. Cornelis going
28:18
to dominate stable coin market, and am a circle is gonna Yeah, listen,
28:23
they are so far out in front right now. I think that I
28:26
don't know if they'll ever overtake Heather unless Teather gets even though tether's being delisted
28:32
in the Europe in Europe quite a bit so for the EU aa E TF
28:36
because everyone likes watching paint dry. I don't know, was that who's the
28:41
guy that always is is ragging on Ada Alex Becker? Yeah, he's always
28:45
on him, He's always on. That'll be a probably on his cut tonight
28:48
tomorrow's town Hall. Star Alis, what do you think about it? I
28:52
still like Star Atlis. You know, if you're looking at Web three games
28:55
and you're still in them, still a good one. Render, still a
29:00
good one. Love Render of course. You know, we've been a very
29:03
early early channel on Render, so we're just kind of holding and watching the
29:07
paint dry on that one. But no, I think we're gonna see a
29:10
lot of movement on those. Hey listen, if you guys are not subscribed
29:11
to the Diamond Circle, get in right now. Lots of changes coming over
29:15
there, including our communities are now launching on the Diamond Circle. So we're
29:19
going to be moving off of our private communities like on Slack and on Telegram
29:25
and getting into the new Diamond Circle communities on the website. It's going to
29:29
be better. You guys are gonna like it, so make sure and join
29:32
right now, and of course don't forget to like this button or like this
29:36
video before you leave and follow me out there on x just APT Paul Baron.
29:38
We'll catch you next time right here on tech Path