Latest / The Paul Barron Crypto Show / Retail Investors Flooding Into Crypto?🚨Crypto Market Update
Transcript
- 0:06Speaker 1: Retail pouring into crypto today, will break it down for you.
- 0:09Speaker 1: Could this cause a bigger shift in the crypto market
- 0:11Speaker 1: money with s Paul Barre, Welcome back into tech path.
- 0:14Speaker 1: Let's get started. I want to thank our sponsor. That's Coinbase,
- 0:16Speaker 1: and this might be where a lot of retail activity
- 0:19Speaker 1: is happening. Whether you're buying eth, whether you're buying bitcoin,
- 0:23Speaker 1: or maybe you're getting into some of these all coins.
- 0:25Speaker 2: All that you can do over on coinbase.
- 0:27Speaker 1: Future of money is here and it's a great place
- 0:29Speaker 1: to get started on your crypto journey. If you're brand
- 0:31Speaker 1: new to crypto, maybe this is the first video you
- 0:34Speaker 1: have watched.
- 0:35Speaker 2: And you're thinking, who is this guy? Is bitcoin? A bye?
- 0:39Speaker 1: Is ethereum a bite? Well, we're gonna break it all
- 0:41Speaker 1: down for you. Visit coinbase right now, get your account
- 0:44Speaker 1: set up, use our link down below and get up
- 0:46Speaker 1: to two hundred bucks in crypto. Get started and you
- 0:48Speaker 1: guys will thank me later.
- 0:50Speaker 2: Let's go over to.
- 0:50Speaker 1: This right here, and that is that even the US
- 0:54Speaker 1: Securities in Exchange Commission SEC is now putting out more
- 0:58Speaker 1: warnings say go to fomo, I love it. That's definitely
- 1:03Speaker 1: Hester Parrison there doing that kind of stuff. Point is
- 1:06Speaker 1: that they are looking at retail saying, yes, the market
- 1:09Speaker 1: is booming. Yes, the S and P is booming, Gold
- 1:12Speaker 1: is up, Bitcoin is up, about to hit a new
- 1:14Speaker 1: all time high. Ethereum is flying. Don't fomo, Well, you
- 1:18Speaker 1: know this is where I look at no pay, no gain.
- 1:21Speaker 1: But you look at the markets, you make your own decision.
- 1:24Speaker 1: Is this the beginning of something big or do you
- 1:27Speaker 1: think it's the top? You can always comment down below
- 1:29Speaker 1: and let me know what you guys think. Let's get
- 1:31Speaker 1: into this right here. If you're following at least one tracker,
- 1:34Speaker 1: and that would be in Verse Kramer, here's Jim Kramer
- 1:37Speaker 1: because it's another retail signal black Monday.
- 1:40Speaker 2: This was right at the bottom.
- 1:41Speaker 1: If you look in let me kind of zoom in
- 1:43Speaker 1: on that that was the bottom where he called it,
- 1:45Speaker 1: and look at where the market is holding now. So
- 1:48Speaker 1: if you are an Inverse Kramer investor, kudos to you.
- 1:53Speaker 1: Welcome to the revolution. Another thing you got to look
- 1:57Speaker 1: at here is trend lines. I want to show you
- 2:00Speaker 1: something here because this is looking at the five year
- 2:02Speaker 1: This goes all the way back into twenty twenty one,
- 2:05Speaker 1: which is when we saw bitcoin hit its last bull
- 2:09Speaker 1: run high, not its all time high, but it's bull
- 2:11Speaker 1: run high of twenty twenty one. And if you'll notice
- 2:15Speaker 1: the other tokens that were in there, XRP, Ethereum, and Solana.
- 2:20Speaker 1: All right, XRP was the red one and then Ethereum
- 2:24Speaker 1: was the gold one. So it was mostly an ether
- 2:27Speaker 1: and bitcoin run when you were making all that bank
- 2:30Speaker 1: back in twenty twenty one, where many of you guys
- 2:32Speaker 1: missed that bull run and we're going I'm not going
- 2:35Speaker 1: to do it again. Well, if you're following this bull run,
- 2:38Speaker 1: you got to look at this right here.
- 2:40Speaker 2: That's right.
- 2:41Speaker 1: XRP has all of a sudden become the number two
- 2:44Speaker 1: token of interest by retail right now. So that says
- 2:50Speaker 1: a lot about where the market is heading. It also
- 2:53Speaker 1: says a lot about pent up demand around digital assets
- 2:56Speaker 1: in general in the United States, because that's one of
- 2:59Speaker 1: the reasons that I think we're going to continue to
- 3:00Speaker 1: see these kind of issues moving forward in terms of
- 3:04Speaker 1: growth in the market. Decoupling again is a good example.
- 3:07Speaker 1: Bitcoin retains its gains as gold is hitting a little
- 3:10Speaker 1: bit of a monthly low. Gold and bitcoin operate almost
- 3:14Speaker 1: in tandem but opposite, and usually Bitcoin is at least
- 3:18Speaker 1: if you look at the comparison over the past trailing
- 3:22Speaker 1: just slightly.
- 3:23Speaker 2: Gold of course down over the last few days.
- 3:25Speaker 1: So will that be the situation that kind of dictates
- 3:29Speaker 1: out with the next few months.
- 3:31Speaker 2: We'll see.
- 3:32Speaker 1: But gold of course fell down to around thirty one
- 3:34Speaker 1: to eighty five. I don't know if it's going to
- 3:35Speaker 1: go onto three thousand again. It might, but gold is
- 3:38Speaker 1: still outperformed bitcoin so far this year. But hey, guys,
- 3:42Speaker 1: it's only May, so get ready. Other things I want
- 3:45Speaker 1: to hit on right here. If you're longing gold, it
- 3:48Speaker 1: is by far the most crowded trade right now, so
- 3:52Speaker 1: this is not I think the way to go if
- 3:54Speaker 1: you're going to be contrarian. And if you're looking at
- 3:57Speaker 1: the market, remember early into something is where profits and
- 4:02Speaker 1: millionaires are made. But that's the riskiest part, and that's
- 4:06Speaker 1: kind of digital assets as a whole. I want to
- 4:09Speaker 1: go to this next clip because this is getting into
- 4:12Speaker 1: where maybe retail is front running institutions again.
- 4:16Speaker 2: Take a look.
- 4:18Speaker 3: Robin Hood recently saw its biggest week of the overnight
- 4:20Speaker 3: trading ever and users are buying to dip in some.
- 4:23Speaker 4: Of the biggest hardest hit names by tariffs.
- 4:26Speaker 5: Yeah, We just got a fresh look at our April metrics,
- 4:30Speaker 5: so we saw what our customers have been doing throughout
- 4:33Speaker 5: the month of April. Strongest sign was that it was
- 4:37Speaker 5: one of the best months we've ever had for deposits.
- 4:39Speaker 5: So they're bringing in fresh powder to take advantage of
- 4:43Speaker 5: the opportunities that they saw with some of this tariff news.
- 4:47Speaker 5: And as you said, some of the most depressed names
- 4:50Speaker 5: or the ones that were hardest hit, the Apple, the
- 4:52Speaker 5: Amazon in video, all the ones that really were quite depressed,
- 4:58Speaker 5: is where we saw some pretty strong buying. I just
- 5:00Speaker 5: think what people really want to do is be able
- 5:03Speaker 5: to act on opportunities when the news hits, and the
- 5:06Speaker 5: news hits on Sunday night regarding the tariffs, and they
- 5:11Speaker 5: didn't want to wait till Monday morning to take an
- 5:13Speaker 5: action or to protect themselves or grab an opportunity. And
- 5:17Speaker 5: so you know, Sunday nights have been some of the
- 5:19Speaker 5: biggest nights that we have in our overnight trading. It's
- 5:23Speaker 5: either earnings events or something that's episodic like announcements or
- 5:27Speaker 5: Sunday nights because you're bunching up a couple of days
- 5:30Speaker 5: of news, and in today's cycle, that could be quite
- 5:33Speaker 5: a bit of news, and then you know, you get
- 5:36Speaker 5: people that are acting upon that as quickly as possible.
- 5:39Speaker 5: And you've seen all the exchanges everybody, you know, we're
- 5:42Speaker 5: going to be full cycle here in the next couple
- 5:45Speaker 5: of years. Without a doubt.
- 5:47Speaker 1: I think he is right, full cycle, three sixty five,
- 5:50Speaker 1: seven days a week trading. This will move markets at
- 5:54Speaker 1: a lightning pace. Now, you guys are in crypto, you
- 5:56Speaker 1: already recognize this. You're kind of accustomed to this kind
- 6:00Speaker 1: of capability, and it really is what makes the difference
- 6:03Speaker 1: between a winner and a loser in terms of investment.
- 6:06Speaker 1: So you look at that and you look at some
- 6:08Speaker 1: of the acquisitions that are taking place. Wonderfi is one
- 6:12Speaker 1: that's interesting to me because it's starting to ploy or
- 6:16Speaker 1: put Wonderfy and other exchange elements into the coffers of
- 6:21Speaker 1: robin Hood, and how this is going to play out
- 6:24Speaker 1: for crypto on Robinhood could be big.
- 6:26Speaker 2: Take a look at this clip.
- 6:28Speaker 3: I was one of the founding shareholders of wonderfy. My
- 6:30Speaker 3: investment thesis was owned all of the exchanges in North America,
- 6:33Speaker 3: including coinbase, including Robinhood, and including wonder Phi. They're unifying
- 6:38Speaker 3: across border crypto just before the stable coin. This is
- 6:42Speaker 3: going to change the FX trading market forever. It's going
- 6:45Speaker 3: to be much more efficient when you can just move
- 6:47Speaker 3: from your Canadian account your US account back and forth
- 6:50Speaker 3: at a fraction of the cost of banks charge you.
- 6:52Speaker 2: I'm so excited about this. You're talking your own book. Yep,
- 6:55Speaker 2: darn right I am.
- 6:56Speaker 3: And on this one, I'm saying a Yippi, ioky. This
- 7:00Speaker 3: is a great deal.
- 7:02Speaker 2: All right. So he's a little bit too excited, I think.
- 7:05Speaker 1: But the point is is this will really open up
- 7:07Speaker 1: I think Robin Hood's opportunity to remember, if you look
- 7:09Speaker 1: at their last Q one earnings report, all of not
- 7:13Speaker 1: i won't say all, but a large percentage of their
- 7:15Speaker 1: profitability that we saw knowing last year. But this year
- 7:18Speaker 1: has come from crypto, and I think Vlad gets that
- 7:21Speaker 1: and the possibility is going to be huge, meaning he
- 7:24Speaker 1: needs a lot more tokens, a lot more exposure to
- 7:26Speaker 1: the crypto markets this time. And of course Wonderfy's acquisition
- 7:30Speaker 1: is a good one. You also look at fund managers,
- 7:32Speaker 1: because fund managers right now have kind of missed the
- 7:35Speaker 1: boat here. They missed out on the recent stock surge,
- 7:38Speaker 1: which is what we're seeing right now, and they reduce
- 7:40Speaker 1: their equity exposure to the lowest levels in two years.
- 7:44Speaker 1: Most of them got racked a course right there on
- 7:46Speaker 1: that big red May twenty fifth day. And the point
- 7:49Speaker 1: that Tom Lee has said many times is that yes,
- 7:53Speaker 1: everybody is skittish in the market, but finally he believes
- 7:57Speaker 1: that now fund managers are in position where they believe
- 8:02Speaker 1: that this market is now coming back. Actually, some of
- 8:04Speaker 1: the things that Trump has been pushing for. If tariffs
- 8:07Speaker 1: are off the table, if that comes to reality, if
- 8:10Speaker 1: we get a war off the table, get good negotiation
- 8:14Speaker 1: deals like what we've seen coming out of Saudi, you
- 8:16Speaker 1: get a stable coin buill you kind of get the
- 8:18Speaker 1: point that, yes, we could sidestep a recession because that
- 8:22Speaker 1: is really the next big issue, and that is they
- 8:26Speaker 1: cannot afford. Let me kind of zoom in on that
- 8:28Speaker 1: right there. US government cannot afford a recession right now.
- 8:31Speaker 1: Previous economic cycles, US budget deficit widened by four on
- 8:35Speaker 1: the GDP average Jurnan recessions, that would be a that
- 8:39Speaker 1: would be a hard thing to overcome. And I still
- 8:42Speaker 1: want to give you guys a little bit of warning here,
- 8:45Speaker 1: even though you know, for my own portfolio I'm looking
- 8:47Speaker 1: at We're going to sidestep a recession, but you have
- 8:51Speaker 1: to look at the consideration. One of course, is yes,
- 8:54Speaker 1: declining inflation. Okay, I'm buying that, but I'm not necessarily
- 8:58Speaker 1: buying that it is the end of inflation. I still
- 9:01Speaker 1: feel that we are going to see some trailing impact
- 9:03Speaker 1: from these terrafs. And I still am concerned about jobs
- 9:06Speaker 1: because anytime jobs are usually the last thing or hit,
- 9:09Speaker 1: it's the last thing that people and companies want to
- 9:11Speaker 1: do is cut people. And that I think could start
- 9:14Speaker 1: to formulate here in the next quarter. And if that does,
- 9:18Speaker 1: the Fed's got a really tough thing ahead of them
- 9:21Speaker 1: to ensure that we can kind of maintain one course
- 9:26Speaker 1: on inflation and not get ourselves in a pickle with
- 9:29Speaker 1: a recession coming in. So a lot definitely on the
- 9:33Speaker 1: ball here right now. I want to go to a
- 9:34Speaker 1: clip real quick because this is where Kevin McCarthy talks
- 9:37Speaker 1: about one of the critical things that I think will
- 9:39Speaker 1: be whether you agree with it or you don't agree
- 9:42Speaker 1: with it, will be the catalyst for this next.
- 9:46Speaker 2: Phase, and that is this tax bill. Take a look.
- 9:49Speaker 5: Will this a make it through the House?
- 9:51Speaker 3: Yes, What will happen in the Senate.
- 9:52Speaker 1: Will the changes that are put in the Senate make
- 9:54Speaker 1: it through the House the second time?
- 9:55Speaker 4: Okay, first and foremost, this bill will get done, will
- 9:58Speaker 4: look exactly as.
- 9:59Speaker 2: It is right now.
- 10:00Speaker 4: That's my assumption too, yea.
- 10:01Speaker 5: Were it done.
- 10:02Speaker 4: But it's not an assumption, okay from a person that's
- 10:04Speaker 4: been in the room all the time and working these bills.
- 10:07Speaker 4: It will get done because if they do not do it,
- 10:09Speaker 4: they will raise attacks on everybody else. So everybody can
- 10:12Speaker 4: hymn Hall. But because the margins are so small, everybody's
- 10:15Speaker 4: going to want their attention everybody.
- 10:17Speaker 2: So structure, all right, so you can see it.
- 10:20Speaker 1: His belief, this is coming from Kevin McCarthy. There is
- 10:24Speaker 1: that this is going to happen, and if it does,
- 10:26Speaker 1: I believe this is a stimulus into the next layer
- 10:30Speaker 1: of a bull run and also back to the point
- 10:33Speaker 1: of sidestepping a recession. Now, the other thing that has
- 10:36Speaker 1: to happen is going to be stable coins. Now here,
- 10:38Speaker 1: of course is our you know, famous Patrick mckenry who
- 10:42Speaker 1: kind of helped Champion crypto in the rough days out
- 10:45Speaker 1: there talking about this.
- 10:46Speaker 2: Take a look, do you think that we can get
- 10:49Speaker 2: this done?
- 10:49Speaker 6: Can Congress, get this done and to President President Trump's
- 10:52Speaker 6: desk by August you review. Yes, it's gonna be hard,
- 10:56Speaker 6: but yes, So there's been a lot of work put
- 10:58Speaker 6: into this. The Senate Banking Committee has had in fifteen
- 11:01Speaker 6: years fourteen years has had two markups. So when they
- 11:04Speaker 6: marked up the stable coin bill, everyone was so grateful
- 11:09Speaker 6: that they tried, even if you disagreed with the contents
- 11:13Speaker 6: or the specifics of the bill or whatever else.
- 11:15Speaker 2: And I am.
- 11:16Speaker 6: Still so excited that we're going to see these things done.
- 11:20Speaker 6: It's going to be a wicked hot summer.
- 11:22Speaker 2: This is good.
- 11:24Speaker 1: There you go, wicked hot summer. Let's get it done.
- 11:27Speaker 1: Stable Coin's got to go through. When that does, I
- 11:30Speaker 1: believe we will see more of a reset in the
- 11:33Speaker 1: financial markets, including banks as well as others before they
- 11:36Speaker 1: get on board. Even though we are seeing some pushback
- 11:38Speaker 1: from that area. Coinbas Ceo has a strong message on
- 11:41Speaker 1: the four oh one k's and I think this is
- 11:43Speaker 1: a very clear one in the sense that we are
- 11:45Speaker 1: going to see bitcoin on four to one k's very soon.
- 11:49Speaker 1: So he's talking also about the issue of being included
- 11:54Speaker 1: in the S and P five hundred, meaning coinbase made
- 11:56Speaker 1: it into the S and P five hundred. By the way,
- 11:57Speaker 1: they kicked out Discover Financial of the SP five to
- 12:01Speaker 1: make that run. That is a huge deal because it
- 12:04Speaker 1: really kind of puts a flag in the ground saying
- 12:06Speaker 1: crypto's here, it's not going anywhere, and coinbase is one
- 12:09Speaker 1: of the titans that's going to lead it further into this.
- 12:11Speaker 1: He says, Hey, all this inclusion in the four one
- 12:14Speaker 1: ks means we're going to see crypto become part of
- 12:17Speaker 1: everybody's four oh one k. If that happens, you are
- 12:20Speaker 1: not too early. You are not too early. This is
- 12:23Speaker 1: the time that you have to be looking at these
- 12:25Speaker 1: because it'll take some times for these funds to architect
- 12:28Speaker 1: these into four oh one k's. But the fact that
- 12:30Speaker 1: that could happen and move into what could be the
- 12:35Speaker 1: next layer of ask the twelfth sector out there in
- 12:39Speaker 1: terms of crypto and digital assets very good and very
- 12:42Speaker 1: bullish for.
- 12:43Speaker 2: The industry as a whole.
- 12:45Speaker 1: Now, now here's Matt Hogan talking about this because he
- 12:49Speaker 1: hit on something that was kind of interesting. He was
- 12:51Speaker 1: at a big advisory firm event and one thing that
- 12:56Speaker 1: he hit on, first of all was this five percent concept.
- 12:59Speaker 1: And you've heard me talk about this on the show.
- 13:01Speaker 1: I have a lot of money managers that I talk with.
- 13:04Speaker 1: You know, I would say six months, eight years, or
- 13:05Speaker 1: eight months ago, they were at the three percent. One
- 13:08Speaker 1: to three percent is the range. Just this week I
- 13:12Speaker 1: had a conversation with a couple of other money managers
- 13:15Speaker 1: and all of a sudden, this three percent had turned
- 13:18Speaker 1: into five. Now that's not double, but it's very near.
- 13:20Speaker 1: So if you think about average investors saying I want
- 13:24Speaker 1: five percent of my portfolio exposed to digital assets, bitcoin, ethereum,
- 13:29Speaker 1: you know, sweet, whatever it might be, that is a
- 13:32Speaker 1: major shift in the thesis behind what is rock solid
- 13:38Speaker 1: traditional investors, and that usually is the first indicator going forward.
- 13:43Speaker 1: The other thing he said that was interesting is he
- 13:45Speaker 1: fielded more calls and questions about ethereum in the past
- 13:50Speaker 1: few days than in the past six months. That also links
- 13:53Speaker 1: this in Now, granted, you know bit wise, Yes, Matt Hogan,
- 13:58Speaker 1: he has ETFs all within the framework. So yes, a
- 14:03Speaker 1: lot of these guys talk their book, but I think
- 14:05Speaker 1: he's straight up in the sense of where the indicators
- 14:07Speaker 1: are showing right now. And of course we've seen this
- 14:09Speaker 1: with ethereum. Now if you look back here, ethereum announces
- 14:13Speaker 1: that the trillion dollar security Initiative is now real. And
- 14:17Speaker 1: the reason this is important is because individuals now are
- 14:21Speaker 1: going to be much more comfortable with retaining about a
- 14:24Speaker 1: thousand bucks on chain.
- 14:25Speaker 2: Now, you think.
- 14:26Speaker 1: About that for a second, because as everybody comes into
- 14:28Speaker 1: the market, getting comfortable with crypto is the first thing.
- 14:33Speaker 2: That you have to do.
- 14:34Speaker 1: It's the first overcome issue that you have to really
- 14:39Speaker 1: face as a brand new digital assets investor.
- 14:43Speaker 2: Everybody goes through.
- 14:43Speaker 1: It, and once that you're comfortable with that and you
- 14:45Speaker 1: start to realize that it's maybe even easier of send
- 14:48Speaker 1: USDC or ethereum or bitcoin, whatever it might be, to friends,
- 14:52Speaker 1: family and all that, then you kind of leap to
- 14:54Speaker 1: that next level. Well, the other area that really focuses
- 14:57Speaker 1: on this is institutions and government, and it's comfortable with
- 15:01Speaker 1: moving more than one trillion on chain now, that is
- 15:06Speaker 1: the leap forward that will make the difference in digital
- 15:10Speaker 1: assets becoming one of the biggest things around the world
- 15:14Speaker 1: in terms of investment classes out there.
- 15:16Speaker 2: So be ready, guys, here we go.
- 15:19Speaker 1: Four trillion dollar asset manager JP Morgan settles its first
- 15:23Speaker 1: public transaction of token is securities. Just another bullish signal
- 15:27Speaker 1: because the mainstream guys on Wall Street are stepping out
- 15:32Speaker 1: of their comfort zone and they're coming in to digital
- 15:35Speaker 1: assets in a big way. If you take a look
- 15:37Speaker 1: at the market right now, we'll just go over to bitcoin,
- 15:39Speaker 1: Bitcoin holding right now out about one oh three, but
- 15:42Speaker 1: it has been bouncing around between that high right there,
- 15:45Speaker 1: around one o.
- 15:45Speaker 2: Four to one oh five.
- 15:47Speaker 1: And if you look at that, along with a handful
- 15:49Speaker 1: of other tokens out there, Ethereum holding the twenty six
- 15:53Speaker 1: hundred dollars level suite holding right around that four dollar mark,
- 15:57Speaker 1: onto holding up fairly well out around a dollar and
- 16:00Speaker 1: if you look at uniswap right now, hovering in around
- 16:04Speaker 1: six point fifty. So the good point is a lot
- 16:08Speaker 1: of these adjustments like this are these dollar cost average
- 16:10Speaker 1: times to enter in meaning maybe already in one of
- 16:13Speaker 1: these tokens, do you just dcain further into projects that
- 16:16Speaker 1: you like?
- 16:17Speaker 2: Maybe?
- 16:17Speaker 1: So now is the time last on that point is
- 16:21Speaker 1: gold right there? We are gold after hitting what was
- 16:24Speaker 1: that all time high, clicking it around thirty four hundred,
- 16:27Speaker 1: has recessed back down to thirty one sixty seven on
- 16:31Speaker 1: the day. That's a question of whether or not we
- 16:33Speaker 1: could see liquidity starting to move to bitcoin. So if
- 16:36Speaker 1: you guys like all this kind of stuff and more,
- 16:39Speaker 1: make sure and get part and be part of the
- 16:41Speaker 1: Diamond Circle, which is our own private investment group out there,
- 16:45Speaker 1: and it's an investment in your knowledge. It's a way
- 16:48Speaker 1: for you guys to start to learn more about what's
- 16:50Speaker 1: happening in the digital assets space. So all I have
- 16:53Speaker 1: to do is join down there. It's free, and of
- 16:55Speaker 1: course reach me out there on x app Paul Barren.
- 16:57Speaker 1: We'll catch you next time right here on Techpath
- 17:02Speaker 2: Demuting to def