Latest / CRYPTO 101 / Uptober Livestream: Join the Crypnation Team for Market Volatility, Seasonality Trends, Top Predictions for the Remainder of 2025

Transcript

Uptober Livestream: Join the Crypnation Team for Market Volatility, Seasonality Trends, Top Predictions for the Remainder of 2025 · CRYPTO 101

0:08
[SPEAKER_06]: all right everybody welcome back to the crypto 101 podcast presented by Gemini your bridge to the future of money and for all of our listeners that come each and every week a special thank you for me in the crypto 101 podcast team it is our first time having a presented sponsor we really like to thank Gemini for stepping up and being a part of our program for the next couple months you're going to be hearing their ads and they um
0:33
[SPEAKER_06]: They really stepped up and we really appreciate it so we want to make sure we give them a big shout out to start the show and what a special show to have them be the presenting sponsor for the first ever one because we have a ton of the crypto crimson team with us we have Bryce we have row he we have Brendan we have myself tvo Joe is somewhere he might have dropped we're going to get him back in his connection I think got disconnect connection got is connection got a little but that's all right that's what happens when you do live events you never know what's going to happen
1:01
[SPEAKER_06]: But on an exciting day, we've kind of prep this all week when Brendan and I were on earlier this week.
1:06
[SPEAKER_06]: We wanted to get a lot of people in the mix because it's a special time of year.
1:09
[SPEAKER_06]: The seasonality has approached us as Joe is getting back in.
1:13
[SPEAKER_06]: We love that Joe's here and Brendan, it is the prepare for October live stream.
1:17
[SPEAKER_06]: We touched it on Monday to get people ready.
1:19
[SPEAKER_06]: But now that we have everybody here, let's recap why we're so excited for October.
1:23
[SPEAKER_06]: And then we can kick it around to the team before we jump into your T.A.
1:27
[SPEAKER_02]: Yeah, you know, October is this really exciting time of the year because historically we have this choppy period coming through the end of summer beginning of fall.
1:37
[SPEAKER_02]: And we start seeing the markets experience a little bit of turbulence even some downwards momentum as we push our way through August and September.
1:46
[SPEAKER_02]: The cool thing is that as we go into October, it's historically one of the best periods of crypto because what it often acts as is this tipping point and this turning point.
1:57
[SPEAKER_02]: for crypto to go from a little bit of more of a negative period to season to seasonally the best period, which is October as many people have deemed it.
2:07
[SPEAKER_02]: And so yeah, I mean, TV has got a great visual on the screen here.
2:10
[SPEAKER_02]: For those of you who are not tuning in on YouTube and you're coming from Spotify, Apple Podcasts, audible any of those sources, we want to make sure that you go over to our YouTube channel, which is the crypto 101 podcast on YouTube.
2:24
[SPEAKER_02]: and check us out over there because we're going to have lots of different charts, different pieces of data, articles, a bunch of different stuff that we want you to take a look at and that's all going to be on our YouTube channel.
2:34
[SPEAKER_02]: So as Tivo has on the screen here right now, we're coming out of August in September, two months that can be a little bit messy for for Bitcoin.
2:43
[SPEAKER_02]: In fact, we saw a red 2025 in August, a red 2024, a red 2023, a red 2022.
2:51
[SPEAKER_02]: And the past like several years have just been red on August, then you go back to September and it's historically the worst performing month for Bitcoin out of the entire year.
3:03
[SPEAKER_02]: So we're going out of this two months stretch where it's again August the past four years have been negative and then you go to September, which is historically the worst performing month for Bitcoin with an average return rate of just over 3%.
3:17
[SPEAKER_02]: And so October marks this tipping point because we go from a negative 3% average to a plus almost 22% average.
3:25
[SPEAKER_02]: And then November, which follows that, is another plus 46% average, which is historically the most bullish month, and then we're all familiar with the Santa Claus rally that tends to happen around the time of December.
3:36
[SPEAKER_02]: So we're doing this live stream because we're excited about this kind of shift in the markets.
3:42
[SPEAKER_02]: and we have some interesting data points to show that the last 10 days of September are historically the worst 10 day stretch out of the entire year for the market.
3:52
[SPEAKER_02]: And as we're kind of going through this live and I'm sure a lot of you are kind of feeling it here with some of the downward pressure, our experiencing that first hand.
3:59
[SPEAKER_02]: So this whole live shooting this whole segment of the crypto rundown.
4:04
[SPEAKER_02]: Yes, we want to talk about everything that's going on, but we want to make sure that everyone's sharing our excitement for this helpful shift from this kind of dreary period of August September into what could be a very, very fire October.
4:19
[SPEAKER_06]: Yeah, and then just to kick it around the the room, Bryce going over to you first.
4:24
[SPEAKER_06]: Um, I know this is my third co-bro on the team.
4:28
[SPEAKER_06]: And it's something that we've talked about basically every year.
4:31
[SPEAKER_06]: And we've been really excited about and then as you can see, the last three years have been green and much more before that.
4:36
[SPEAKER_06]: kind of going to the seasonality, you know, big picture to zoom out.
4:39
[SPEAKER_06]: We talk about that on the show all the time of, you know, if you're looking out, if you zoom out for how we've done this year, I think all of us would have taken Bitcoin in a small little correction here in September while we're still above a hundred thousand dollars.
4:52
[SPEAKER_06]: So it's been a successful year all around, but is there anything that you're kind of gearing up and looking forward to in as we head into Q4 here.
4:59
[SPEAKER_04]: Yeah, absolutely.
5:00
[SPEAKER_04]: I'm really excited about kind of Bitcoin finding its support and kind of regaining confidence in the Bitcoin market from like an institutional standpoint, because right now it seems like this correction has scared a couple of people out of the Bitcoin market specifically the altcoins as well.
5:17
[SPEAKER_04]: And so I'm I'm really interested to see you know Bitcoin get that sort of institutional support and I think it's coming because by the way, just this morning van guard announced that they are going to be white listing and green lighting.
5:30
[SPEAKER_04]: The Bitcoin ETFs and so van guards the second largest asset manager in the world.
5:35
[SPEAKER_04]: and they've historically been really negative and bearish, but they said the client demand is overwhelming and we just have to respond.
5:42
[SPEAKER_04]: I mean, to me, that's like such a bullish event that's, it's not happened yet, right?
5:48
[SPEAKER_04]: Like those flows haven't started coming into the Bitcoin market.
5:51
[SPEAKER_04]: And again, once those happen,
5:53
[SPEAKER_04]: they're going to be directed into Bitcoin.
5:56
[SPEAKER_04]: They're not going to go into Ethereum.
5:57
[SPEAKER_04]: They're not going to go into Solana or anything like that.
5:59
[SPEAKER_04]: And so the market needs to kind of get a little bit more confidence and footing in Bitcoin.
6:03
[SPEAKER_04]: It needs to regain that all time high.
6:05
[SPEAKER_04]: And once we pass back above 125K with some real fervor and some oomph, then that's when I think the altcoins are just going to go absolutely haywire.
6:14
[SPEAKER_04]: And there's going to be
6:15
[SPEAKER_04]: call it a four week to eight week period where it's just going to be throw throw a dart at a dart board and cover your eyes and make some free money.
6:24
[SPEAKER_04]: We're not there yet, but I'm really excited about just sort of the long-term technicals and Vanguard coming into the market to start
6:35
[SPEAKER_06]: I think that Brennan, I can both agree.
6:37
[SPEAKER_06]: Vanguard has taken some shots on the crypto rundown over the last year out of the house.
6:44
[SPEAKER_06]: So time to come home, Vanguard, we're looking forward to it.
6:46
[SPEAKER_06]: Rohe, we love having you on.
6:48
[SPEAKER_06]: We know you're not a regular contributor to the show, but give the folks a little bit of your thought heading into kind of the research that you do and the seasonality of it.
6:57
[SPEAKER_06]: What are you excited for?
6:58
[SPEAKER_06]: What are you looking to heading into Q4?
7:00
[SPEAKER_00]: Yeah, Q4 is usually the strongest period of that last year in the four-year cycle when things tend to go kind of nuts, at least historically.
7:10
[SPEAKER_00]: So it'll be interesting to see if that occurs again.
7:15
[SPEAKER_00]: Usually Bitcoin will peek and November December and all coins will peek about a month after that.
7:23
[SPEAKER_00]: And typically it's interesting because Bitcoin rallies first then Ethereum, then the large caps and then finally the small and mid caps.
7:33
[SPEAKER_00]: And my senses were maybe a third of the way there with Ethereum, like it's, it's rarely somebody hasn't even hit new highs.
7:42
[SPEAKER_00]: So there's, there's still, it shouldn't still be a lot much more to go in my view.
7:49
[SPEAKER_01]: Joe, any thoughts?
7:51
[SPEAKER_01]: No, everyone said it.
7:53
[SPEAKER_01]: I think gold's a great indicator.
7:55
[SPEAKER_01]: Gold's nearing is all time highs.
7:56
[SPEAKER_01]: On the last five days, and experts say that Bitcoin lags a little bit about three months or so from gold.
8:04
[SPEAKER_01]: Cheap money is not great for the US dollar, but it is good for Bitcoin.
8:06
[SPEAKER_01]: So like Bryce said, we're waiting for those inflows.
8:09
[SPEAKER_01]: And I'm...
8:10
[SPEAKER_01]: I did, I'm excited to hear Vanguard, the dinosaur is coming in because I got a lot of the quiddy over there and just like Bryce said, I can't wait because then I instantly push smash and buttons on there to buy some of the big coin ETFs.
8:21
[SPEAKER_06]: Yeah, I think that's kind of what and enjoy know me and your big Robin Hood Bulls, but that's what drove me to Robin Hood.
8:26
[SPEAKER_06]: I was always a Vanguard guy, it was my first account to learn about the low fees and the ETFs and all that and then I was just really bummed when the whole big
8:35
[SPEAKER_06]: That's came out and all these people were, you know, given the product and Vanguard was just going to be in the old dinosaur like you said, but Brendan, we had a little bit of a rough week, you know, where the volatility is opportunity and zoom out and we are still on the winning side of the field here, so Brendan, you want to pull up the charts and show us what happened this week.
8:53
[SPEAKER_02]: Yeah, let's take a look at the charts, I think that's what everyone's probably the most interested in and maybe worried about here because what we essentially have is a pretty sharp sell off across the board and it I think it caught a lot of people by surprise just with the levels of volatility that we saw in witnessed.
9:12
[SPEAKER_02]: Let me throw this up for everyone's that you all can see what is going on with Bitcoin here.
9:20
[SPEAKER_02]: And this is what that looks like, you know, we are pushing up and it looked to be like a full on reversal off of these lows over here.
9:27
[SPEAKER_02]: We were bouncing off this angered V-wap.
9:29
[SPEAKER_02]: We talked about this a lot on the channel gotten kind of out of this short term downtrend above both the 20 and 50 day moving average.
9:38
[SPEAKER_02]: And we are making a break here and kind of going back towards the highs of a round up.
9:43
[SPEAKER_02]: And we reached his highs 118k and then we started to sell off and it's been pretty aggressive since then.
9:49
[SPEAKER_02]: And as soon as kind of the 20 and 50 day moving averages broke here, you can just see that there was just massive levels down over on Bitcoin.
9:57
[SPEAKER_02]: And so from top to bottom, it was about an 8% move, which was
10:02
[SPEAKER_02]: Yeah, a little bit more on the aggressive side, but I think all coins are where we really solve the most volatility.
10:10
[SPEAKER_02]: Bitcoin really not following any kind of significant lower low as of yet, and it's finding some support around this area.
10:16
[SPEAKER_02]: But again, all coins are what was really hit over here.
10:19
[SPEAKER_02]: So if you look around kind of the same period in what's happened, and let's just say the last week or so, you had a theory in following 18%.
10:25
[SPEAKER_02]: So 10 more percent than Bitcoin.
10:29
[SPEAKER_02]: You had Solana over here following about 24 almost 25%.
10:34
[SPEAKER_02]: You could look at XRP and seeing some of the volatility here about 15% to the downside.
10:38
[SPEAKER_02]: And then you get, again, the farther we go into the more mainstream altcoins, the more volatility to the downside we're going to see.
10:44
[SPEAKER_02]: A coin that we like a lot over here.
10:46
[SPEAKER_02]: We've talked about an error-droom, so about 30% to the downside over the last week.
10:51
[SPEAKER_02]: And that's kind of the normal here is that we saw about a 20 to 30% pullback.
10:55
[SPEAKER_02]: for a lot of the altcoins that we like and even ones that are fundamentally strong.
10:59
[SPEAKER_02]: And so that kind of brings us up to date on what we've been witnessing is just a decent size liquidation event.
11:07
[SPEAKER_02]: And we talked about this in our earlier rundown, Tvo, where we had one of the largest liquidation events that we've seen in a really, really long time.
11:16
[SPEAKER_02]: where just that 24-hour stretch from like Sunday to Monday was over $1.5 billion in liquidations.
11:25
[SPEAKER_02]: And since then there's obviously been a whole lot more than that as we've continued to kind of push to the downside.
11:30
[SPEAKER_02]: And so what I really think happened here was one, these liquidation events happened.
11:36
[SPEAKER_02]: It's nothing new.
11:36
[SPEAKER_02]: We've seen really big ones in the past at some point in the future.
11:40
[SPEAKER_02]: We're going to see more of them.
11:42
[SPEAKER_02]: I think what happened to the bulk of people here is that as we were starting to break this little downward structure, kind of bounce off some significant levels.
11:50
[SPEAKER_02]: As we zoom out, we also know that this is the prior area of all-time highs.
11:54
[SPEAKER_02]: And people saw us bouncing off of this breaking structure to the upside and making a push back for the all-time highs.
12:00
[SPEAKER_02]: And I think people got a little bit overconfident.
12:03
[SPEAKER_02]: We saw people coming in with
12:05
[SPEAKER_02]: Um, kind of just continually higher leverage, uh, positions and just more leverage in general.
12:11
[SPEAKER_02]: And so people are looking at this saying, you know, I want to get levered up as we potentially go in the price discovery mode and people are making these higher leveraged, uh, larger position-sized bets that we were going to do that.
12:24
[SPEAKER_02]: And it seems like people were just a little bit too comfortable with this.
12:26
[SPEAKER_02]: And so once we started the pullback a little bit and those very high leverage positions started to get liquidated,
12:33
[SPEAKER_02]: And almost started a bit of a snowball effect, and we started to see more and more of these liquidations and now it's kind of just snowballed into what we're seeing now.
12:40
[SPEAKER_02]: The good thing that I'll say and we talked about this a little bit on Monday is that oftentimes that kind of acts as like a reset button.
12:48
[SPEAKER_02]: People kind of come back down to Earth fortunately some people get burned in those positions and that's really all that it takes is one of these 10% moves on Bitcoin
13:03
[SPEAKER_02]: And sometimes that's all that it really takes for people to kind of reset, come back down the reality.
13:08
[SPEAKER_02]: And for price to come to an area where buyers are more comfortable going in with ors again.
13:15
[SPEAKER_02]: You know, I think that we are slowly approaching this.
13:17
[SPEAKER_02]: So kind of just looking at Bitcoin from a high level, the big picture here on Bitcoin really isn't harm that much.
13:23
[SPEAKER_02]: I know it feels like it, right?
13:25
[SPEAKER_02]: We've had this big move down over the last week, especially in Alts.
13:28
[SPEAKER_02]: But the big picture is still very much intact.
13:30
[SPEAKER_02]: In fact, I think it's really hard to look at this and go, oh my goodness, this is devastating.
13:34
[SPEAKER_02]: It's all over, you know, the sky is falling.
13:36
[SPEAKER_02]: I just don't think you can say that with a chart like this one.
13:40
[SPEAKER_02]: And in reality, like we've seen far worse moves than this.
13:45
[SPEAKER_02]: where we see 30% plus drawdowns below the 200-day moving average, and we're not even at a point like that yet, and we've recovered from these.
13:52
[SPEAKER_02]: So, you know, what I would be looking at here is as Bitcoin kind of comes down, as we can see, into its prior highs, into the 200-day moving average, into kind of these levels in between 100k and 110k, I would expect it to find support down in here.
14:08
[SPEAKER_02]: I think that this is going to be a really big and significant level
14:14
[SPEAKER_02]: that there's still very much here.
14:16
[SPEAKER_02]: I think the benefit of this is that there's a really no negative news that caused this catalyst beyond just the liquidation events.
14:25
[SPEAKER_02]: I know people have been trying to say, oh, what was the job numbers?
14:28
[SPEAKER_02]: Oh, it's this, you know, maybe it's seasonality.
14:30
[SPEAKER_04]: It could have been the data, the SEC and Finrail coming after 200 deaths for insider trading.
14:35
[SPEAKER_04]: That I think that could have something to do with it.
14:38
[SPEAKER_02]: I do think that that I think you're right about that when that could have something to do with it.
14:43
[SPEAKER_02]: And you know, maybe it's just a couple of these things, but again, when we said, well, you had an 8 to 9% blowback on Bitcoin.
14:49
[SPEAKER_02]: I mean, we've done that more times than I can count in a 24-hour window, let alone a week window.
14:54
[SPEAKER_02]: So.
14:55
[SPEAKER_02]: Uh, again, you know, big picture here that I want to paint as we kind of move in and and rope everyone else back into the conversation.
15:02
[SPEAKER_02]: My big takeaway is that there is, I would say very little to none.
15:08
[SPEAKER_02]: In terms of long-term damage and break of structure.
15:11
[SPEAKER_02]: Just short-term, I think people are a little bit more frustrated that we had the breakout and didn't hit the new all-time highs.
15:17
[SPEAKER_02]: And as we're just flagging back down over here, again, I would really be looking for
15:22
[SPEAKER_02]: the low end of the 100k area to run 110k, kind of as this potential box of opportunity.
15:29
[SPEAKER_04]: Yeah, and if we do, you know, crack down below 100, I think it'd be a pretty good buy and opportunity.
15:36
[SPEAKER_04]: I don't think it would last very long.
15:40
[SPEAKER_04]: Um, you know, I could foresee the worst it could get in my opinion would would be a replay a little bit of, um, March and April if you want to kind of take a look back at.
15:53
[SPEAKER_04]: March and April, you know, we cracked below the 200 day moving average and kind of traded below it for about what was that six or seven weeks.
16:01
[SPEAKER_04]: So I could see this little box kind of playing out because a lot and this is what happened.
16:05
[SPEAKER_04]: I mean, if you actually go back even further the years prior.
16:10
[SPEAKER_04]: The market loves to flirt under the 200-day average to really scare people out.
16:14
[SPEAKER_04]: I mean, you could go back again in August of two years ago, exactly right there.
16:19
[SPEAKER_04]: I remember doing this whole thing.
16:21
[SPEAKER_04]: And so in a bull market, you know,
16:24
[SPEAKER_04]: breaking down below the 200 day average just for, you know, six to eight weeks.
16:30
[SPEAKER_04]: I mean, it's kind of typical of a really strong bull market flush out.
16:35
[SPEAKER_04]: So I could kind of foresee that happening, just testing the markets patients, testing, you know, giving Vanguard a better entry.
16:44
[SPEAKER_04]: So this is kind of becoming more and more my base case, like the longer that we, you know, keep flagging down.
16:50
[SPEAKER_04]: I just think,
16:51
[SPEAKER_04]: you know, we could have have a little flirtation under the the 200 day average for for handful of weeks.
16:57
[SPEAKER_04]: I'm scared to market out, but that that'll be a good bottom in sign.
17:01
[SPEAKER_04]: So just, you know, want to prepare everybody for for some continued, you know, downside and in the markets, but good buying opportunities.
17:11
[SPEAKER_02]: Yeah, I agree.
17:12
[SPEAKER_02]: And you know, when we look at this, you know, we are kind of bound to get a little bit of a drop in Bitcoin dominance.
17:17
[SPEAKER_02]: I know Bryce, you know, we've looked at this Bitcoin dominance is taking it hit and a lot of these large caps have run.
17:24
[SPEAKER_02]: There's just going to be fluctuations where hey, Bitcoin dominance, especially it kind of headed.
17:29
[SPEAKER_02]: head down for a while and then it bounce and we see these and then it bounces and it heads down and it bounces and we're going to see periods of this where again the market just needs to retrace.
17:37
[SPEAKER_02]: I know if you look at a lot of these large caps I know people are again are frustrated about the falls but again you kind of look at this time horizon and you look at the move that Ethereum is done since April you know 260% to the upside.
17:50
[SPEAKER_02]: Solana over here since April.
17:53
[SPEAKER_02]: Another 170 plus percent.
17:55
[SPEAKER_02]: You could look at it on B&B since April.
17:57
[SPEAKER_02]: And you could say, hey, this thing did another 114 percent at all time highs.
18:02
[SPEAKER_02]: Let's look at another large cap rate over here, a tron.
18:05
[SPEAKER_02]: I'm going on a 75 percent move again, essentially back to the highs.
18:09
[SPEAKER_02]: And so you had all these large caps just making these breaks to the highs.
18:14
[SPEAKER_02]: And never getting a little bit of a retracement.
18:17
[SPEAKER_02]: So nothing too crazy.
18:20
[SPEAKER_06]: Yeah, I think we'd be a remiss friend and if we don't pull up Solana, I think this is the first time we've actually had Bryce on with us together and we got to show him the the Bryce bottom that we that we reference all the time, we have this this along.
18:34
[SPEAKER_02]: Yeah, we had this Alana ad.
18:35
[SPEAKER_06]: So we had, well, sorry, I guess the Bryce bottoms on Ethereum.
18:38
[SPEAKER_06]: Sorry, we have your tweet pinned.
18:39
[SPEAKER_06]: Oh, my bad.
18:40
[SPEAKER_06]: We have the, with a Salana ad was when they, I don't know if you guys remember, Salana put out an ad that got flamed online.
18:46
[SPEAKER_06]: And so for rundown, we put, yeah, we put a ticker there.
18:50
[SPEAKER_06]: And then we have to remember this chart.
18:52
[SPEAKER_06]: The epic Bryce bottom call on Ethereum, where I believe the quote was, the revenge arc for Ethereum will be glorious.
18:58
[SPEAKER_04]: Absolutely.
18:59
[SPEAKER_04]: And it sure was, it was just a matter of time.
19:02
[SPEAKER_04]: It was, it was so obvious.
19:04
[SPEAKER_06]: that was a little bit of a bad you guys memorialize that moment the bagel call though that was another legendary call of a big old might might act as support it's like a gave you the fuel to get up to the uh... five k there but hopefully it holds the support there that was a fun one uh... yeah i just thought since we had john we had to revisit the uh... the epic price bottom
19:26
[SPEAKER_06]: Certainly, man.
19:27
[SPEAKER_02]: Well, you know, there's a lot going on.
19:29
[SPEAKER_02]: And I think we can reference a screen shot that we were looking at just a little bit before this TV when it comes to just this area of the market and I referenced this earlier, but you know, again, there's a lot of articles.
19:41
[SPEAKER_02]: There's one from business insider, there's one from CNBC, there's ones from like different asset managers, but a lot of different credible places have referenced just this idea that the last 10 days of September is historically the worst 10 day period of the entire year.
19:58
[SPEAKER_02]: And so we're coming into this, and you got to be paying attention to that.
20:04
[SPEAKER_02]: Again, it's it's
20:05
[SPEAKER_02]: I don't know why it happens, right?
20:07
[SPEAKER_04]: I really can't say, are people just going on vacation or are they taking, I think it might have something to do potentially with mutual funds fiscal years that some large funds book their end of year in September 30th, like September 30th, and like their new fiscal year starts October 1st.
20:27
[SPEAKER_04]: And so, you know,
20:29
[SPEAKER_04]: tax loss selling and tax loss harvesting and then, you know, general profit taking and rebalance in a quarterly rebalance and I think all of that does kind of come to bear on this.
20:42
[SPEAKER_04]: This coincidence of, you know, September always being so crappy and it's also not a coincidence that we have.
20:51
[SPEAKER_04]: tax day September 15th for corporations and individuals on October 15th.
20:56
[SPEAKER_04]: And so again, that's also potentially people selling assets in order to to cover those tax liabilities.
21:05
[SPEAKER_06]: I saw a wild, fun little stat.
21:07
[SPEAKER_06]: I've never heard of this one before.
21:09
[SPEAKER_06]: So if you're interested, you can go look it up.
21:11
[SPEAKER_06]: I pulled the tweet.
21:12
[SPEAKER_06]: It was going around kind of the Tom Lee data center, a bunch of other Finn's with people were sharing it.
21:18
[SPEAKER_06]: So it is not mine.
21:19
[SPEAKER_06]: And it's something that I just saw.
21:20
[SPEAKER_06]: I thought it'd be fun to bring up if you're interested in researching it.
21:23
[SPEAKER_06]: It's Sell, Rasha, Sanna, and Bayyam, Kapoor.
21:27
[SPEAKER_06]: So those are two Jewish holidays that fall in this time of year all the time.
21:32
[SPEAKER_06]: So there's this
21:33
[SPEAKER_06]: Almanac Trader who pulled the data, and it's a big data set to look.
21:36
[SPEAKER_06]: So definitely go look it up if you're interested in really parsing through it.
21:39
[SPEAKER_06]: But it's the time period from Rosh Hashanah to Yom Kapoor is like, you know, the average in the median is kind of in the red there.
21:46
[SPEAKER_06]: And then Yom Kapoor to Passover has like six to seven percent gains on average.
21:51
[SPEAKER_06]: So there's a bunch of different seasonality things you can pull and go and research.
21:55
[SPEAKER_06]: And again, that's definitely no guarantee of past and future performance by any means.
22:02
[SPEAKER_06]: came out of the woodwork, the last like 48 hours.
22:04
[SPEAKER_06]: I was like, oh, that kind of was a cool thing.
22:07
[SPEAKER_04]: No, that's an interesting one.
22:10
[SPEAKER_04]: Super interesting.
22:11
[SPEAKER_04]: And I'm curious, like, yeah, why that phenomenon exists?
22:17
[SPEAKER_04]: But again, I just think it kind of comes back to this tax selling, or at the end of the day.
22:23
[SPEAKER_06]: Yeah, that could be a fun little rabbit hole if you're a data person that wants to dive down that one.
22:28
[SPEAKER_06]: But I think, again, we're kind of talking to specifics, and there's a lot of price action, it always, you know, whether it goes up or down or sideways, we're always kind of diving into the data.
22:37
[SPEAKER_06]: And if you enjoyed that segment with Brendan and kind of the team, that's what we do, right?
22:42
[SPEAKER_06]: That's what we do at Cripp Nation.
22:43
[SPEAKER_06]: Obviously we're here for the podcast for you, but if you want more interaction with the team stuff and interaction with them every single day, I did put a link in the description.
22:51
[SPEAKER_06]: So it's the first link there.
22:52
[SPEAKER_06]: It's a $1 trial and basically what we just did with Brendan T.A.
22:56
[SPEAKER_06]: and kicking around the news and the team, that stuff we do every single week with the broader team.
23:00
[SPEAKER_06]: So if you're interested in getting kind of more access to Bryce and the team, check out that $1 trial.
23:05
[SPEAKER_06]: You won't regret it.
23:06
[SPEAKER_06]: But if we zoom out and that's something that we say on the show all the time is zooming out.
23:11
[SPEAKER_06]: Okay, the price action in the weeds, the, you know, the 20-day, the 50-day hundred-day moving averages, where we go in next, but the news flow guys.
23:18
[SPEAKER_06]: The news flow just continues.
23:20
[SPEAKER_06]: What Brendan was saying, what we talk about all the time is zooming out.
23:23
[SPEAKER_06]: BlackRock's building yet another product.
23:25
[SPEAKER_06]: We've seen the record-breaking profits of their ETF.
23:30
[SPEAKER_06]: And so they're trying to build something here called the Bitcoin premium income ETF.
23:34
[SPEAKER_06]: Almost sounds like they're taking a page out of Sailor's book.
23:38
[SPEAKER_06]: And then our friend, friend of the program, James Seifart, is still bullish.
23:42
[SPEAKER_06]: Still bullish on over a hundred new crypto ETFs in the next six to 12 months, so easy.
23:49
[SPEAKER_06]: Yeah We've been covering the story a lot and I'd love to get your take on at price of we've kind of been seeing the SEC's It's definitely pro-crypto that that's obvious.
23:57
[SPEAKER_06]: He's all over the newswaves But it kind of seems to be this holding pattern, which I guess you can kind of confirm now
24:03
[SPEAKER_06]: there hasn't been like leaks of oh the solely tf's going to get it or the doge tf's going to cross the finish line first they kind of seem to be holding everything and then once they get this framework structured it it's going to be a floodgate of opening and we haven't talked about that with you so i just didn't i want to get your thoughts on kind of how this is lining up in your mind yeah no absolutely there i think the the liquid staking e tf's like the
24:34
[SPEAKER_04]: sometime in October, I believe, October 12th, October 26th, there's some kind of extended final deadline for the Solana ETF.
24:43
[SPEAKER_04]: So I think we're gonna get a Solana ETF and these generic listing standards that they've talked about are basically like these generic listing standards that we'll be able to fast track all of these ETFs.
25:04
[SPEAKER_04]: legal legwork and, you know, the exorbitant costs in time that it takes to get these ETFs filed.
25:12
[SPEAKER_04]: There's now just kind of kind of be like a form where, you know, you kind of check the boxes and you get, you get fast track.
25:18
[SPEAKER_04]: So I think that, you know, none of them will be nearly as successful as the Bitcoin and Ethereum ETF.
25:25
[SPEAKER_04]: I'll pretty much stake, I'll stake my name on that.
25:28
[SPEAKER_04]: I don't think
25:34
[SPEAKER_04]: even do a fraction, really, of what Bitcoin and Ethereum have done.
25:37
[SPEAKER_04]: I mean, they'll do a fraction, but that's probably it.
25:42
[SPEAKER_04]: So, so like, I still think it's going to be good.
25:44
[SPEAKER_04]: Like, I still like, you know, a huge believer, like, giving these institutions the ability to like access this asset class through the ETFs, because they're not going to go, you know, if you're managing billions of dollars of client money, you've got these really strict rules of where you can trade, what you can hold,
25:58
[SPEAKER_04]: I mean, there's so much that goes into it and so to even think, you know, a billion dollar firm is going to go out and, you know, get a ledger or download meta mask or, you know, even use Coinbase as a custodian they'd be like, yeah, get out of here with that.
26:15
[SPEAKER_04]: So the fact that we're going to be having, you know, these institutions that are going to be able to custody with.
26:20
[SPEAKER_04]: the likes of black rock or state street and like all of these wildly, you know, you know, trillion dollar firms that are touching these ETFs and authorize participants, it's going to be a really, really big liquidity shift.
26:32
[SPEAKER_04]: I think in in crypto, it's going to add a lot more liquidity.
26:35
[SPEAKER_04]: So I'm super optimistic.
26:38
[SPEAKER_04]: Just I want to make sure people's expectations are tampered.
26:41
[SPEAKER_04]: They're like, oh, man, Bitcoin is the most successful ETF
26:45
[SPEAKER_04]: So of course, like the Solana one must be the most successful next up and it's like I just think like there's just going to be a huge drop off and like actual demand.
26:54
[SPEAKER_04]: Relative to the Bitcoin and Ethereum ones because that the institutions move at such a glacial pace like they're just now getting comfortable with Bitcoin Like some are just barely getting comfortable with Ethereum.
27:06
[SPEAKER_04]: I mean Tom Lee the the quintessential like you know Byside equity bull analyst who's always like five or ten years early.
27:14
[SPEAKER_04]: I mean he's going out and he's really starting to talk about Ethereum
27:17
[SPEAKER_04]: You know, really, really hard, but there's still so many skeptics.
27:21
[SPEAKER_04]: And so like, Bitcoin's barely cracked in.
27:24
[SPEAKER_04]: Ethereum is barely barely cracking in.
27:26
[SPEAKER_04]: So everything else, it's like, you know, it's just going to be early.
27:28
[SPEAKER_04]: I think, I know, I saw another thing soft bank and arc are buying a bunch of private equity and tether.
27:36
[SPEAKER_04]: Tether just had like one of the most expensive valuations in a private company in history.
27:47
[SPEAKER_04]: their chairman who owns like a majority of this like if this fundraising goes through he would be like the fourth or fifth richest person in the world based on his ownership of tether but i just think it's interesting because softbank and arc tend to like buy the top like this isn't like a super bullish sign like they've got you know all of like they've just historically like done that where they've like done these huge fundraising deals and financing deals for companies like at the top of the market whether it's like an AI
28:15
[SPEAKER_04]: You know block chain and stuff like that.
28:17
[SPEAKER_04]: So I don't know.
28:17
[SPEAKER_04]: This isn't like the most bullish thing for me to look at like a 500 billion dollar company It's just like that's also a liquidity suck.
28:27
[SPEAKER_04]: It's like that could be you know the 20 billion dollars that arc and soft bank could be putting into Altcoins or T-wapping into Ethereum or so or anything like no, they're buying up stable coin equity So like that's not a huge
28:41
[SPEAKER_04]: liquidity injection.
28:44
[SPEAKER_04]: Yeah, I don't know.
28:45
[SPEAKER_04]: I'm like a mix.
28:45
[SPEAKER_04]: I'm a mixed bag here.
28:47
[SPEAKER_06]: These companies from what, you know, you hear from Tether and all these, you know, crypto focus companies.
28:51
[SPEAKER_06]: They just have so many low, like a low and plea count, like the revenue point per and plea for all these new age tech companies in crypto.
28:59
[SPEAKER_06]: And I think Netflix is up there as well.
29:02
[SPEAKER_06]: I know not crypto related, but just the amount of,
29:05
[SPEAKER_06]: revenue that can be generated with no employees is insane and then obviously kind of the AI trade is is perpetuating that kind of thought for our companies or but to stay on the tether train here.
29:16
[SPEAKER_06]: Joe I'm going to come to you.
29:17
[SPEAKER_06]: I know we're jumping around our sheet a little bit but all is good.
29:20
[SPEAKER_06]: I'm going to bring up your your page here that you sent because sticking on to tether looks like they're kind of doing some tokenization stuff as well.
29:29
[SPEAKER_06]: So what would you see over there?
29:32
[SPEAKER_01]: Yeah, one of the Tetherco founder original co-founders Reeve Collins just launched 10 days ago a new stable coin caught stable STBL and this fell on our radar's early sort of like when Astrid it came out not too long ago over in the Binance ecosystem things have slowly been migrating over there.
29:50
[SPEAKER_01]: I love how that's not a picture of Reeve.
29:53
[SPEAKER_01]: I know right, that's not him at all, but yeah, the thing about stable is that for the first time ever supposedly
30:01
[SPEAKER_01]: Mentors of the stablecoin, not issuers retain the value of the reserves.
30:05
[SPEAKER_01]: So they're going to have a stripping mechanism, meaning that you hold the stablecoin, which is called USST, and then you mint an NFT, which is the yield bearing side of the stablecoin.
30:16
[SPEAKER_01]: So you get to mint the yield, yet keep the regulation according to the Genius Act, you know, make sure that you're compliant in those aspects.
30:27
[SPEAKER_01]: So,
30:28
[SPEAKER_01]: They're going to go multi-chain the early days 10 days old, but they they have not been rocked by the recent moves in the market alongside Astor they know no children just simply grinding up and I was actually going to ask for a heat a little bit more about this also you know a lot of people compare it to
30:50
[SPEAKER_01]: So early days, but it's very interesting.
30:52
[SPEAKER_01]: A lot of liquidity is moving in there.
30:53
[SPEAKER_01]: Franklin Templeton will have 1.6 trillion on leave management.
30:56
[SPEAKER_01]: They're minting 100 million of this in the next in this upcoming quarter.
31:01
[SPEAKER_01]: And there have a lot of U.S.
31:02
[SPEAKER_01]: platforms coming on board also.
31:04
[SPEAKER_01]: So I wouldn't bet against Reeve Collins, co-founder of Tether.
31:07
[SPEAKER_01]: And this is a call we made to our private community.
31:10
[SPEAKER_01]: And, uh, it's odd.
31:11
[SPEAKER_01]: That was that was two times lower when we made that call.
31:14
[SPEAKER_01]: So you might not want to get it now, but just give you an inkling of kind of where our radars are and what's popping over in and to buy an end space.
31:23
[SPEAKER_01]: Love it.
31:24
[SPEAKER_04]: Also plasma, right?
31:25
[SPEAKER_04]: XPL just launched yesterday or today.
31:28
[SPEAKER_04]: And it's also a similar similar thing to Steve.
31:32
[SPEAKER_04]: I think it's a different co-founder of Tether,
31:37
[SPEAKER_04]: I believe I know they've got like it's in kind of like the tether chain or whatever.
31:42
[SPEAKER_04]: So it's interesting to see like this genius act, you know, once that legislation got passed and you know, that's law.
31:48
[SPEAKER_04]: All these new companies spin up stable coins.
31:51
[SPEAKER_04]: I thought literally today as well cloud flare launching their own stable coin called net dollar.
31:57
[SPEAKER_04]: And so you don't just now have these financial institutions.
32:00
[SPEAKER_04]: You have these online.
32:02
[SPEAKER_04]: infrastructure providers like any time you use the internet whether you know or not you're like using cloud flair like all of these different companies employ or or contract with cloud flair in order to have online security and anytime you click a capture or any of those little things to make sure that your website doesn't just get completely de-dost or denial of service and all that kind of stuff.
32:25
[SPEAKER_04]: So cloud flair is now getting into the stablecoin game which like took a lot of people by surprise to
32:33
[SPEAKER_04]: But it's going to be all of these, you know, companies that have, you know, lots of online infrastructure, lots of expertise in that and protocol building and development that are going to capitalize on this.
32:47
[SPEAKER_04]: And so, you know, they did, you know, Facebook tried to do it before there was legislation, they did Libra and then it got shut down, but now CloudVores like, all right, we're going to do it.
32:56
[SPEAKER_04]: And so, yeah, you're just going to see a lot more that I think.
32:59
[SPEAKER_06]: Yeah, then row heat just to get you in.
33:01
[SPEAKER_06]: I know Joe mentioned you what your thoughts on kind of the stable coin market and then I'm going to transition as after that into the fluid and uniswaps story that you put in the chat.
33:12
[SPEAKER_00]: Yeah, just like I think city groups said that by then a 20 30, I think they'll be $30 trillion worth of stable coin.
33:19
[SPEAKER_00]: So like what's one of the 30?
33:21
[SPEAKER_00]: I think 30.
33:22
[SPEAKER_00]: Yeah.
33:23
[SPEAKER_00]: Wow.
33:25
[SPEAKER_00]: So there's, it's one of the few areas where there's clear demand and part of market fit outside of Bitcoin as well.
33:34
[SPEAKER_00]: So I think there is a lot of opportunity there and I know there are multiple L1's plasma.
33:39
[SPEAKER_00]: There's another one that Paolo the CEO of Tethers investing into.
33:43
[SPEAKER_00]: It's funny that he's invested in the multiple of these stable coin L1's, but yeah.
33:48
[SPEAKER_00]: So it shows, in my mind, there's a lot of room for many different players to grow.
33:54
[SPEAKER_00]: And it's not necessarily.
34:02
[SPEAKER_06]: Awesome stuff.
34:03
[SPEAKER_06]: And then again, I just want to get you more involved or he'd I know you put this in the chat the team chat last night, which was some news around Texas could just explain what would one down here.
34:13
[SPEAKER_00]: Just so this this has happened two to three days now where I'm not continue continuously, but they've been a few days where fluid has flipped uniswap on dexballing one at Perium.
34:28
[SPEAKER_00]: Um, and I think they have outright over 50% of the U.S.
34:31
[SPEAKER_00]: D.C.
34:32
[SPEAKER_00]: U.S.
34:32
[SPEAKER_00]: D. a tether pair volume.
34:35
[SPEAKER_00]: And that's that's pretty stable at a high level.
34:38
[SPEAKER_00]: Um, they introduce deck slide recently, which I think reduces gas cost pretty substantially for traders.
34:48
[SPEAKER_00]: So that's helped a lot.
34:49
[SPEAKER_00]: And then when the two of the decks comes out, people will be able to build on top of it, use a cook.
34:55
[SPEAKER_00]: So the idea is they'll be able to also potentially dominate on volatile pairs too.
35:04
[SPEAKER_00]: If people can more flexibly hedge their exposures as they help be in loop position.
35:10
[SPEAKER_00]: So yeah, it's been very interesting to see them just
35:17
[SPEAKER_00]: very clearly in the stable coin deck space, but increasingly overall as well.
35:25
[SPEAKER_04]: Yeah, I'm super bullish on fluid and also just like their chart looks pretty good.
35:29
[SPEAKER_04]: They just recently had a huge, their largest volume day of trading like ever.
35:35
[SPEAKER_04]: So I'm super optimistic.
35:37
[SPEAKER_04]: In fact, Rohit, I think when we first hired you, this was like one of the first ones that you started talking about, which always stuck with me this one and I think metaplex was one of the other ones.
35:47
[SPEAKER_04]: So this has always had a special place in my heart and I think I think the future is super bright.
35:54
[SPEAKER_00]: Hopefully because it they also moved over slunner recently.
35:57
[SPEAKER_00]: They partnered with Jupiter.
36:02
[SPEAKER_00]: I'd offer jupelind.
36:04
[SPEAKER_00]: So it's like they're their same product except offered on slun and I think the TBL's like one and a half to two billion all despite being launched like two or three weeks ago.
36:15
[SPEAKER_06]: Well, a great transition from talking about volume is going into prediction markets.
36:20
[SPEAKER_06]: So we're staying on the Raheet train here because this was a Raheet prepared a little bit of some data behind some of these companies that are doing the prediction markets.
36:29
[SPEAKER_06]: And it's something that the show is familiar with.
36:30
[SPEAKER_06]: Brennan and I have talked about it.
36:32
[SPEAKER_06]: I'm trying to dive in specifically around the fed.
36:34
[SPEAKER_06]: I know me and Brian did it as well.
36:37
[SPEAKER_06]: But Roe, you brought us some data.
36:39
[SPEAKER_06]: So I can pull up your sheet here.
36:41
[SPEAKER_06]: And yeah, just break it down.
36:42
[SPEAKER_06]: And then we can have discussions.
36:43
[SPEAKER_06]: I know the prediction markets are something that our whole entire team is kind of focused on.
36:47
[SPEAKER_06]: Is this continues to grow and the volume is outstanding from whatever topics it are from the fed to politics, to now even sports.
36:57
[SPEAKER_06]: It's starting to get a big sports handle as well that I know as draft kings and fandle,
37:02
[SPEAKER_06]: So what are you seeing?
37:04
[SPEAKER_00]: Yeah, so like I know prediction markets especially were in the news in the right up to the election because I was just such a point of common focus and also because oftentimes the prediction markets were running contrary to the polling and the question at the time was which was going to be more accurate and it turned out probably more it was more accurate.
37:26
[SPEAKER_00]: they not only very early predicted that Trump would win, they got all of the swimsuits correct as well.
37:34
[SPEAKER_00]: Whereas the polling was more mixed on that.
37:38
[SPEAKER_00]: It's interesting what goes into that, because there was apparently like a large French investor who conducted his own polling based on like neighborhood effects.
37:47
[SPEAKER_00]: Like he was like, it was like some very sophisticated people
37:51
[SPEAKER_00]: Um, bedding millions of dollars based on their own research, and that came through in the prices in a way that was more accurate than like the typical pollsters.
38:03
[SPEAKER_00]: Um, but.
38:06
[SPEAKER_02]: I think the thing about these betting markets that's so interesting is that they are peer to peer and set of you betting against the house you're betting against other people and that tends to remove a lot of the inequality and it removes a lot of the bias and a lot of the problems that could come up and maybe
38:27
[SPEAKER_02]: I don't know, I just think anything that could maybe like pollute the data and then I get a way kind of gets removed because when it's all just person a person peer to peer and you remove the house and you remove bias, you remove a lot of these outside factors, then it's just people betting against each other on what they really do think is going to win and that changes things and I think it also because people are now putting their money where their mouth is and they know that they don't have the bed against the house.
38:52
[SPEAKER_02]: So I think that that's a big contributor to like what gives this the most the most I don't know, I would say like valuable data, the most accurate data is because of the way that it's done and the cool thing is that like you have markets like Pauli market, which are entirely built on Ethereum.
39:10
[SPEAKER_02]: And so we have this kind of proof of concept that like, hey, we can have these new, you
39:21
[SPEAKER_02]: and and they can work and I think polymark is like a just a great proof of concept there and you're right I think what we're starting to see is that a lot of these other players like Fan dual and draft games and a lot of them are starting to sweat a little bit and they're like holy smokes like this looks like it's the next era
39:37
[SPEAKER_02]: And everyone's kind of jumping and grabbing and trying to get their hands on more market share of the betting markets because now we're even seeing brokerages do it.
39:44
[SPEAKER_02]: I know that like Robin Hood is started doing this we bull is started doing this other brokerages are looking into it.
39:51
[SPEAKER_02]: Now you're having like the draft kings and the fan doles and like it's just becoming a really, really big space.
39:56
[SPEAKER_02]: And it all started with a project that was built on a theory in birth, which is polymark it.
40:05
[SPEAKER_00]: Yeah, Paul Morgan was the OG basically, yeah, and they like you said, they are built on on a 3M through polygon.
40:13
[SPEAKER_00]: Definitely, and I don't know if you had that chart up, it's interesting that the volumes, the transactions, they're all kind of tailing upwards again more recently.
40:25
[SPEAKER_00]: I go over the past couple months because it became down after the election kind of went sideways for a bit, but they've picked up both in terms of, I didn't include a bit like the number of act of wallets is going up, number transactions, volume, everything has started to move up into the right.
40:46
[SPEAKER_06]: So yeah, anything specific from these charts that you want to look at,
40:51
[SPEAKER_00]: What the other one was, if you go down, Kalshi has always been the more regulated version, like they always worked with the CFTC directly to kind of operate within that regulatory umbrella and hopefully attract U.S., capital, and maybe even the institutional capital.
41:13
[SPEAKER_00]: Because the thing with Paul Morgan is they do,
41:18
[SPEAKER_00]: prevent Americans from using them, like even with a VPN you can they use some kind of technology where they really I guess they don't want to run a file that regulators they really do prevent people in certain jurisdictions from interacting with the platform, but call she has always been regulated.
41:37
[SPEAKER_00]: And more recently, it's ground more than half the market share.
41:40
[SPEAKER_00]: So you can see that from the overall volume.
41:42
[SPEAKER_00]: And if you scroll down a little bit, you can just see the percentages.
41:46
[SPEAKER_00]: Like it's popped up over 50%.
41:47
[SPEAKER_00]: I don't know as much about limitless.
41:51
[SPEAKER_00]: And I know myriad is something that Joe and Brian have been active with, like, forming an error drop there, I think.
41:59
[SPEAKER_00]: So you can probably tell you more there.
42:01
[SPEAKER_00]: And then, yeah, this is a mess I put out,
42:06
[SPEAKER_00]: prediction market landscapes.
42:08
[SPEAKER_00]: So you can you can just see the extreme diversity that is there everything from like to play where you're betting on like how many plays are given musical track well have and trying to use that potentially to feed songs to people rather than like some obscure algorithm it's Spotify.
42:30
[SPEAKER_00]: Um, to a few Tarky where like dows are making decisions based on internal betting markets where you have to actually put your capital up when you want to say what you think should happen when decision should be made.
42:46
[SPEAKER_00]: But it goes on and on.
42:48
[SPEAKER_00]: They're telegram bots that plug in.
42:52
[SPEAKER_00]: I don't know if this shows up, but they're like AI agents now that are providing liquidity to these prediction markets or that are managing capital based on information that are pulling from like thousands of sources, like very quickly.
43:08
[SPEAKER_00]: As soon as that information comes out and then close out the bed and just like make that spread that small amount over and over in different cases.
43:19
[SPEAKER_00]: So yeah, there's just like a tunnel on like with sports bed and people you probably know more about this and me but like yeah, you can see I've heard of like Billy bats and I forget that there are a few others out there on the more well known and where.
43:34
[SPEAKER_00]: Again, these are AI programs that are through their training and analysis and real time information trying to essentially make money for their protocols through sports betting.
43:51
[SPEAKER_06]: Yeah, I'm sure there's tons of people trying to find different alpha all over the place.
43:56
[SPEAKER_06]: I just know if you want to make it simple, if you're a sports better out there, like, you know, you have the options of draft kings and fandle, and everybody kind of has different lines.
44:04
[SPEAKER_06]: I'd say 89% of the time that's the same, but like every once in a while you see, you know, depending on how much handle there is, you might have a different odd on fandle versus draft kings, and you want to get the best odd you can.
44:14
[SPEAKER_06]: And the same can be true in the prediction markets.
44:17
[SPEAKER_06]: So if you're a big time sports better and always looking kind of for that edge, this is definitely something you want to put into your, you know, repertoire of trying to figure out sports bets, but also,
44:29
[SPEAKER_06]: overall as you explained at the beginning it's just kind of become a tool for getting the news and just kind of seeing, you know, kind of seeing where maybe the puck is going in the world stage of these larger type of events like rate cuts or, you know, like we learned from from the election and I think it's just such an amazing journey to see this go and and probably market did I believe get the green light from the CFTC to come to the US eventually.
44:59
[SPEAKER_06]: of polymark it's if you don't think that's coming to the US, you know, you're not you're not thinking what you're had right?
45:03
[SPEAKER_06]: It was fun.
45:04
[SPEAKER_04]: It was I was going to say real quick it was funny because I was you guys saw the South Park episode.
45:10
[SPEAKER_03]: Yeah.
45:10
[SPEAKER_04]: Yeah.
45:11
[SPEAKER_04]: You can't just talk about polymark and I'm not mentioned this thing right here what happened, but it's such a great example of also people like you said sometimes just like being able to pick up free money off the floor, there was a polymark it on this South Park episode that they the overrunner
45:27
[SPEAKER_04]: are they going to say the word prediction more than four times and if they do say it more than four times, you know, you could on polymarket bet are they going to say it or they're not going to say it.
45:38
[SPEAKER_04]: And so this guy was like live streaming.
45:40
[SPEAKER_04]: He was like looking at these odds and he was counting one, two, three, four, five.
45:44
[SPEAKER_04]: Oh my god, they did it.
45:46
[SPEAKER_04]: And then he looked at the polymarket thing and the odds hadn't budged.
45:50
[SPEAKER_04]: And so he went and even after they said five times already,
45:57
[SPEAKER_04]: And then you know, he was right.
45:58
[SPEAKER_04]: And so like there's still so many inefficiencies with these things settling that like you could literally watch a game live have probably market open you'd be like looking through the different trend and there's like I want to I've scrolled past a couple like really good screen like almost stock market screeners for different poly markets, which basically just means like
46:21
[SPEAKER_04]: Where's all the volume?
46:22
[SPEAKER_04]: Where's all the open interest?
46:23
[SPEAKER_04]: Where's all the trend?
46:24
[SPEAKER_04]: Like where's all the excitement and like which of these little betting markets?
46:28
[SPEAKER_04]: And so being able to track those and then, you know, if you're, you know, watching sports and you know this stuff, you're watching some live event American Idol or whatever kind of shows you like to And you think you have an edge you can go you could watch it live you could bet on polymark.
46:40
[SPEAKER_04]: He can make some money.
46:41
[SPEAKER_04]: So I haven't done it yet, but once it's, you know, legal or
46:45
[SPEAKER_04]: ready to rock and roll and the geofences are down for for Americans.
46:49
[SPEAKER_04]: I'm definitely going to check it out.
46:51
[SPEAKER_04]: It's it's a really cool meta right now the prediction markets.
46:54
[SPEAKER_06]: Yeah Brian and I did a live stream for the latest Fed meeting and Brian that we were doing calcium or he was doing
47:04
[SPEAKER_06]: room powder where a different color tie because he always wears purple and I never noticed that.
47:10
[SPEAKER_06]: So we logged on early and watched a room pal live walk out with a purple tie.
47:15
[SPEAKER_06]: So he took the L there.
47:16
[SPEAKER_06]: I bet it was like 50 50 odds.
47:19
[SPEAKER_06]: I put you know a little and then again this is not.
47:22
[SPEAKER_06]: financial advice by any means, this is pure gambling, but it was, uh, I did drone pal to say recession just once, and it was 50, 50.
47:31
[SPEAKER_06]: And my thought was with all the new data and the tariffs that he would be like, hey, you know, we're monitoring the data.
47:36
[SPEAKER_06]: We don't see signs of recession, but it's something that we're honoring.
47:39
[SPEAKER_06]: That's kind of what I was hoping for.
47:41
[SPEAKER_06]: He did not say it.
47:42
[SPEAKER_06]: So two else on the first ever, uh,
47:44
[SPEAKER_06]: production market focus live stream, but I think again, we're just having fun there, but there is kind of what we talked about like you said, but the news, if you're getting your news and you're staying ahead of the curve, these markets definitely don't settle as quickly as if you're somebody that's getting those first alerts from the crypto 101 podcast on Twitter or unusual whales or you're kind of that person just has the news on in the back, you know, all day type of things.
48:10
[SPEAKER_06]: So,
48:11
[SPEAKER_06]: It's definitely something that can keep watch.
48:13
[SPEAKER_06]: And I know we talked about it as a team or really excited about it.
48:16
[SPEAKER_06]: So maybe there's some more content that we can do on the YouTube.
48:19
[SPEAKER_06]: So actually a great question for the audience.
48:21
[SPEAKER_06]: If you're listening to this and you're interested in that, after this is over, come back, leave a comment.
48:26
[SPEAKER_06]: If you're interested in more prediction market content, let us know and maybe it's something that we can try and come up with.
48:31
[SPEAKER_06]: But as an interesting more than halfway point.
48:34
[SPEAKER_06]: We have a ton of people in the chat guys We have Jack all the way from Australia.
48:39
[SPEAKER_06]: It's 345 in the morning forum.
48:39
[SPEAKER_06]: What's up Jack?
48:40
[SPEAKER_06]: We've got Jill Mikey.
48:42
[SPEAKER_06]: I in Vlada just the the chat is picked up in the in the back end here So thank you guys for joining us if you're if you're here give us a thumbs up it really helps the channel grow and we appreciate it and then please subscribe if you're new
48:56
[SPEAKER_06]: Guys, there was, there was some breaking news this week and in some people are saying this is the reason why the markets were read.
49:03
[SPEAKER_06]: I can't personally quantify it to this, but there is a correlation.
49:08
[SPEAKER_06]: A good morning tweet from SBF.
49:11
[SPEAKER_06]: Oh, with the red markets.
49:13
[SPEAKER_03]: Yep.
49:13
[SPEAKER_02]: This is instant PTSD.
49:15
[SPEAKER_02]: That is the crypto market seeing this, getting horrifying flashbacks.
49:21
[SPEAKER_02]: It's like,
49:22
[SPEAKER_02]: I mean yeah, this is like a crypto anybody who's in crypto.
49:25
[SPEAKER_02]: This is your worst nightmares to see sand backman free come back and say good morning It's just like I don't know.
49:32
[SPEAKER_02]: I just hear it in like a spooky scary voice It makes sense now that when we see this the markets are responding to the downside because this man almost single handedly collapsed as a couple of years back and sent everything in the chaos
49:47
[SPEAKER_02]: You know, I saw all of this Tvo, you were the one appointed this out to me.
49:50
[SPEAKER_02]: As soon as he tweeted this, the FTX token, FTT token, just went through the roof on the, yeah, I mean, you have it on the screen here.
49:59
[SPEAKER_02]: This thing went through the roof at the sound that he might return.
50:04
[SPEAKER_02]: and this was all really done at the expense of the rest of the crypto market.
50:08
[SPEAKER_02]: And listen, I'm not saying that there's a perfect correlation here.
50:11
[SPEAKER_02]: What I am saying is that the crypto market continued down to the downside since September 23rd, and that's when he tweeted out.
50:19
[SPEAKER_01]: So, yeah, has been debunked.
50:22
[SPEAKER_01]: He supposedly, his friend, who runs the account, tweeted for him,
50:26
[SPEAKER_01]: But only in crypto, which I find funny, two letters can move to market nine figures.
50:32
[SPEAKER_01]: Yeah.
50:33
[SPEAKER_04]: I didn't hear that it was, uh, it was somebody else who tweeted that.
50:36
[SPEAKER_04]: That's, that's interesting.
50:37
[SPEAKER_01]: Yeah, right underneath the existing tweet, um, he went out and said that, oh, this is the friend.
50:43
[SPEAKER_01]: This is not SPF.
50:45
[SPEAKER_06]: What a dickhead.
50:46
[SPEAKER_01]: Sorry.
50:47
[SPEAKER_01]: But like, why did they do that?
50:49
[SPEAKER_01]: Right.
50:49
[SPEAKER_06]: Definitely, it makes a money.
50:51
[SPEAKER_06]: I mean,
50:55
[SPEAKER_02]: some sort of regulation it's got it's got to be like illegal and now his friends going to jail they'll be buddy buddy in the same cell after that.
51:05
[SPEAKER_06]: Yeah, so what he tweeted out at 737 and then this one was 1044 hours to make some money.
51:13
[SPEAKER_02]: Oh, he said you took the words right out of my mouth with your
51:24
[SPEAKER_03]: That's awesome.
51:25
[SPEAKER_06]: Oh man, the social team just on fire on fire on time doesn't miss here.
51:32
[SPEAKER_06]: But in some good news and this will be our last topic just to kick it around and then maybe we could take some questions, the chats really active.
51:39
[SPEAKER_06]: So if you have some questions fire on the chat, we'll do a couple on the way out.
51:42
[SPEAKER_06]: But never fear folks because the world's highest IQ a person in the world says Bitcoin's gonna 100 acts in the next 10 years Brendan was really excited about this because he's on the same wavelength as this guy Because I believe Brendan if I'm not wrong you're actually the second highest IQ person at least I know I tried to contest this in court.
52:01
[SPEAKER_02]: I was higher, but you know for whatever reason It didn't it I lost so I'll take second highest for now
52:08
[SPEAKER_04]: Yes, side note, this guy went super viral recently.
52:11
[SPEAKER_04]: I even started following him because he came out as like a huge Christian and he was like proving the resurrection of Jesus and going around and really, really, really just talking about Christianity and stuff.
52:29
[SPEAKER_04]: And so I never knew that he actually put this out with with the Bitcoin 100x.
52:35
[SPEAKER_04]: I just thought he was he was doing his whole Christianity
52:39
[SPEAKER_04]: Um, but this is pretty cool.
52:41
[SPEAKER_03]: Hey, a big one hundred X's.
52:44
[SPEAKER_02]: Yeah, I mean, that'd be crazy.
52:46
[SPEAKER_02]: I wonder how like he gets that title crown, like is there like an official like there's a big debate around his self-proclaimed title as well.
52:55
[SPEAKER_04]: There's like a competition, but like there's many, many different IQ competitions.
53:01
[SPEAKER_04]: I think he won one of them and then just flaunted it.
53:06
[SPEAKER_04]: Oh, yeah, that's that's a good question.
53:08
[SPEAKER_04]: You should ask a chat GPT and be like, how did this guy actually get determined the highest IQ?
53:12
[SPEAKER_04]: Because I'm very busy right.
53:15
[SPEAKER_04]: I don't want to be the highest IQ guy because that would be great if Jesus came back and Bitcoin hundred acts and this guy was just crushing it on his calls.
53:25
[SPEAKER_04]: I mean, that would be legit.
53:28
[SPEAKER_06]: Yeah, does it row he does this guy giving you hope, you know,
53:32
[SPEAKER_00]: Well, I don't know if I'm that bush, but hopefully.
53:36
[SPEAKER_04]: Hopefully he's at least directionally correct.
53:41
[SPEAKER_04]: Yeah.
53:42
[SPEAKER_04]: I mean, 10x and 10 years would still be nice for Bitcoin because, you know, I think altcoins, if Bitcoin 100x is altcoins 1000x, so.
53:50
[SPEAKER_01]: Yeah, I believe Brian Armstrong's recent prediction more so than this guy's 20 30 10 X. That's what Brian Armstrong said.
53:57
[SPEAKER_04]: Yeah, I saw that too.
53:59
[SPEAKER_04]: About I think a 60 to 70 percent compound annual growth rate gets us to about a million bucks per bit coin by the end of 20 30.
54:09
[SPEAKER_02]: I think I've seen sailor talk similar numbers.
54:13
[SPEAKER_02]: I think his was a little bit lower.
54:14
[SPEAKER_02]: I think it's around 60 percent annual growth rate.
54:18
[SPEAKER_02]: But like either way, you look at this, whether it's 60 or 70 or 80 or even if it's 50%.
54:25
[SPEAKER_02]: That's still pretty aggressive annual growth rate.
54:28
[SPEAKER_02]: And the bulk of the predictions here for Bitcoin, again, when we use Zoom out, it's not saying this is happening overnight the next week, the next month.
54:37
[SPEAKER_02]: All these people are really saying, hey, zoom out here, this thing's going to be volatile, but in the big picture, it should see some pretty decent upside opportunities.
54:46
[SPEAKER_02]: And that's the big picture that's being painted.
54:48
[SPEAKER_02]: It's one of the big things that we like to talk about over here is that we have these downwards moves in the market.
54:53
[SPEAKER_02]: And we joke sometimes about it on here about why this is happening.
54:56
[SPEAKER_02]: And
54:57
[SPEAKER_02]: is it say a metman for eight or something else is a seasonality, but again, one in doubt, zoom out, look at the bigger picture.
55:04
[SPEAKER_02]: And I think you got to be pretty optimistic on the future of crypto after this.
55:07
[SPEAKER_02]: So yeah, table.
55:10
[SPEAKER_04]: Couple of questions I see about free, free Mikey day asked about a Caspa.
55:17
[SPEAKER_04]: Yeah.
55:18
[SPEAKER_04]: Are you guys, does anybody know who Mikey Day is?
55:20
[SPEAKER_04]: What, what, T voice, how you laugh?
55:22
[SPEAKER_06]: Mikey, Mikey Day is a comedian.
55:25
[SPEAKER_06]: I think it's like SNL, three Mikey Day.
55:28
[SPEAKER_04]: Are you guys foolish on Caspa?
55:30
[SPEAKER_04]: I'm not particularly, although from a technical chart perspective, it looks like it kind of came back down to a, to it's like long terms, sort of breakout and support level.
55:41
[SPEAKER_04]: I wouldn't be surprised to see it kind of bottom out here, but yeah, I've never owned Caspa.
55:49
[SPEAKER_04]: a top tier crypto who else we got here with different question.
55:53
[SPEAKER_04]: Oh, and then Ryan asked about fire dancer, which is a client to run Salana and I'm very positive on it or like I'm very you know optimistic fire dancers, you know.
56:09
[SPEAKER_04]: created by the team over it jump trading, which is a high frequency trading firm that the best in the world.
56:14
[SPEAKER_04]: And so yeah, so fire dancers definitely a good client to run salon and nodes, but you know, I'm not running salon and nodes.
56:22
[SPEAKER_04]: So it doesn't really affect me, but it helps the network's execution overall got a question on cubic.
56:29
[SPEAKER_04]: I've never heard a cubic.
56:30
[SPEAKER_04]: Do you guys know about cubic?
56:32
[SPEAKER_04]: Q U B I C.
56:34
[SPEAKER_00]: Isn't that the proof of work chain that kind of essentially mines tokens with the hardware instead of like with the coin you run just like you try to figure out.
56:49
[SPEAKER_00]: proofs that aren't like inherently meaningful, but I think with this, I think that was a chain that was mining Monero and like, oh, you're 51% of the computing power.
57:00
[SPEAKER_00]: I don't think they've like abused it, but I think that was in the news for that.
57:08
[SPEAKER_04]: Yeah, we'll have to look into that one a little bit more.
57:10
[SPEAKER_04]: I'm looking at where all of the liquidity is for trading this thing and they're all on these offshore kind of scammy exchanges.
57:17
[SPEAKER_04]: So I haven't fully dove to deep into cubic.
57:22
[SPEAKER_04]: So we'll see.
57:25
[SPEAKER_04]: Not super bullish, but not super good last question.
57:29
[SPEAKER_04]: I got here was a B M N R.
57:32
[SPEAKER_06]: You guys, Brendan had some news around the, the, is it an ETF Brendan like a leverage ETF on BMR that's trading or coming out possibly?
57:40
[SPEAKER_02]: Yeah, it just got announced that there's going to be a two x leverage version of BitMine called BMNU coming out.
57:49
[SPEAKER_02]: So if you want to get levered on your Tom Lee at the area of strategy, uh, soon enough, there's going to be a leverage for everything.
57:58
[SPEAKER_06]: Yeah, just with the people need that's what we've been saying.
58:02
[SPEAKER_06]: Like as excited as we are for all those hundred crypto ETFs to come live, like we've got we're trying to educate everybody like if you're going to go buy the uh, there's some of them called like what all coin season 2x all coin ETF.
58:16
[SPEAKER_06]: You got to be careful and know where you're buying uh, with this stuff.
58:20
[SPEAKER_02]: There's all, there's going to be an alt-season ETF, and then this is going to be the alt-alt-season ETF.
58:26
[SPEAKER_02]: And these are going to be two x-leveraged versions.
58:29
[SPEAKER_02]: So there's going to be one that's a two x-leveraged version of the entire crypto market, of general crypto market exposure.
58:35
[SPEAKER_02]: There's going to be an alt-coin season ETF that's two x-leveraged mainly large cap alt-coins.
58:41
[SPEAKER_02]: And you're going to have the alt-alt-season
58:43
[SPEAKER_02]: ETF, which is going to be 2x leverage, smaller mid caps, which is sounds really scary.
58:50
[SPEAKER_02]: And obviously, we like the idea of more attention to being drawn towards crypto.
58:55
[SPEAKER_02]: We always just want to caution everyone.
58:56
[SPEAKER_02]: And again, like we like BitMine, we like Tom Lee, we like all coins of all sizes.
59:00
[SPEAKER_02]: But just be careful with leverage.
59:02
[SPEAKER_02]: These new products get out, especially with these
59:06
[SPEAKER_02]: leverage DTFs.
59:07
[SPEAKER_02]: They have volatility decay on top of it, which is a thing that most people don't understand when they are getting into them.
59:15
[SPEAKER_02]: So again, just make sure you're informed on them, make sure you approach them with some common sense and just be careful.
59:23
[SPEAKER_06]: So just to wrap up the show, associate producer came in.
59:27
[SPEAKER_06]: was asking us for our hottest takes for the end of the year.
59:30
[SPEAKER_06]: So it's kind of a good little teaser.
59:32
[SPEAKER_06]: We're going to bring everybody back at the end of the year.
59:34
[SPEAKER_06]: We had our awesome end of your episode last year that everybody loved.
59:38
[SPEAKER_06]: Um, so I, you know, I don't feel pressure if you don't want to do it.
59:41
[SPEAKER_06]: I do have a hot take.
59:43
[SPEAKER_06]: I think that I think that this administration loves the internet loves the crypto people.
59:49
[SPEAKER_06]: I think that there's some type of Christmas gift this year from the administration.
59:53
[SPEAKER_06]: I'm going to go out on a limb.
59:54
[SPEAKER_06]: Hey, this is a hot take.
59:55
[SPEAKER_06]: This is what the segment is.
59:56
[SPEAKER_06]: Hot take by the end of the year, we're going to have some type of announcement for adding in and buying more for the Bitcoin reserve.
1:00:04
[SPEAKER_06]: Might not actually happen, but like some type of plan.
1:00:06
[SPEAKER_06]: These gold cards are going out.
1:00:08
[SPEAKER_06]: Howard Luttonx putting out the lemonade stand trying to sell these gold cards.
1:00:12
[SPEAKER_06]: And again, a budget neutral way to get some some money raised to go buy some more Bitcoin.
1:00:16
[SPEAKER_06]: So my hot take is we might see a little road map for 26 to add to the Bitcoin reserve.
1:00:23
[SPEAKER_04]: My hot take is Ethereum is going to be above $6,000 by the end of the year.
1:00:30
[SPEAKER_04]: And it's really not that hard to get there.
1:00:32
[SPEAKER_04]: It's a 50% move from where we're at right now.
1:00:37
[SPEAKER_04]: So Ethereum 6K and just for reference from July 6th to July 24th,
1:00:53
[SPEAKER_04]: 10% and then again from August 1st to August 23rd in three weeks it went up another 50% after currently in a correction.
1:01:01
[SPEAKER_04]: So again, 6k sounds like a high price target for Ethereum, but I think it's totally within the realm of possibility based on the magnitude of the waves that Ethereum has been in this year.
1:01:12
[SPEAKER_04]: So each 6k, the odds are low, but you wanted to hottake.
1:01:16
[SPEAKER_04]: So that's what I got already.
1:01:18
[SPEAKER_06]: I love it.
1:01:18
[SPEAKER_06]: Just a build on that Ethereum hot take earlier in the week we had Mark Newton clip from Mark Newton and he's a technical analysis guy for fun strat for Tom and he's been nailing the price predictions like to the penny and so I played a clip of his and gave him his props and he's like, oh, don't worry, he's not going to break for K.
1:01:36
[SPEAKER_06]: So yesterday when we play the clip on Monday and then ETH goes and breaks 4K so listen as the producer of the show I want to hold you know out of love and respect.
1:01:46
[SPEAKER_06]: I want to hold people accountable Mark I just hyped up on my show and now everybody's sweeten at me.
1:01:51
[SPEAKER_06]: We're going on or under 4K Preface this love your work Mark, but we need an update after violating 4K please advise on my guy
1:02:00
[SPEAKER_06]: Shout out, yo shout out to the guy not hiding.
1:02:03
[SPEAKER_06]: Obviously as he does promoting funstrat promoting no freebies And again, he puts out a lot of awesome content as does time you see him on TV Just like you see us on YouTube putting out tons of free content even you just Immunicated one of the best technicians from crypto Twitter.
1:02:20
[SPEAKER_05]: This is a whole no no no
1:02:24
[SPEAKER_05]: Listen, I won't be posting crypto technicals for free here.
1:02:28
[SPEAKER_05]: Sorry.
1:02:29
[SPEAKER_05]: Thanks.
1:02:29
[SPEAKER_05]: No, no, listen, listen, love your work.
1:02:33
[SPEAKER_05]: He's not going to give it to me.
1:02:35
[SPEAKER_05]: You don't think he's going to keep going on Fox News and doing his bets.
1:02:38
[SPEAKER_06]: I'm sure he will.
1:02:39
[SPEAKER_05]: We love Mark.
1:02:39
[SPEAKER_05]: Let's hear him.
1:02:40
[SPEAKER_05]: Let's hear him.
1:02:41
[SPEAKER_05]: Let's hear him.
1:02:41
[SPEAKER_05]: Let's hear him.
1:02:41
[SPEAKER_05]: Let's hear him.
1:02:42
[SPEAKER_05]: Let's hear him.
1:02:42
[SPEAKER_05]: Let's hear him.
1:02:43
[SPEAKER_05]: Let's hear him.
1:02:44
[SPEAKER_05]: Let's hear him.
1:02:45
[SPEAKER_05]: Let's hear him.
1:02:45
[SPEAKER_05]: Let's hear him.
1:02:46
[SPEAKER_05]: Let's hear him.
1:02:47
[SPEAKER_05]: Let's hear him.
1:02:48
[SPEAKER_05]: Let's hear him.
1:02:48
[SPEAKER_05]: Let's hear him.
1:02:49
[SPEAKER_05]: Let's hear him.
1:02:50
[SPEAKER_05]: Let's hear him.
1:02:50
[SPEAKER_05]: Let's hear him.
1:02:51
[SPEAKER_06]: Let's hear him.
1:02:52
[SPEAKER_06]: Let's hear him.
1:02:53
[SPEAKER_06]: Let's hear him.
1:02:59
[SPEAKER_06]: I'm just trying I'm just lifting everybody up.
1:03:01
[SPEAKER_06]: We're doing it together Mark.
1:03:03
[SPEAKER_06]: We love you and we want you on the pod I keep kept going back and forth.
1:03:06
[SPEAKER_06]: No freebies Mark.
1:03:07
[SPEAKER_06]: We're with you and we want to have you on the pod.
1:03:09
[SPEAKER_06]: It's all.
1:03:10
[SPEAKER_06]: He responded to that No, it really it is all love Mark Newton.
1:03:16
[SPEAKER_06]: I love you and I am a fun strip member myself as an individual I love watching his technical analysis.
1:03:22
[SPEAKER_06]: I love watching friends.
1:03:23
[SPEAKER_06]: I love our team to Mark's point
1:03:25
[SPEAKER_06]: The best stuff is in the community.
1:03:27
[SPEAKER_06]: So if you're having fun here right now and interested in more, again, last call in the description, we put a $1 trial.
1:03:34
[SPEAKER_06]: So if you want more of this awesome group, you can't get enough of us just on the YouTube, check it out because there's a lot of awesome stuff in the, yeah, Brennan.
1:03:43
[SPEAKER_02]: and I had a quick note on that I saw people in the chat box of YouTube saying hey guys do you have a discord or something like that I want to clarify we do not have a discord whenever we're going to push you to discord but we do have our coordination community and like Tivo said we have a link to that below so to clarify there's new discord community but we do have one it's just not on discord and you can get that $1 promo below.
1:04:05
[SPEAKER_02]: Yeah.
1:04:08
[SPEAKER_06]: I think that's, I think that any other hot takes, no pressure, but if anybody else wants to do it for you, wrap up.
1:04:14
[SPEAKER_01]: Yeah, I do last one.
1:04:16
[SPEAKER_01]: Coin kicked off the meme coin ETF, craze.
1:04:21
[SPEAKER_01]: Potentially is the first one ever.
1:04:22
[SPEAKER_01]: They have the ETF.
1:04:24
[SPEAKER_01]: So before 2025, we may see a few more hope, please.
1:04:27
[SPEAKER_01]: Pengu are favorite here, but that's my hot take.
1:04:30
[SPEAKER_01]: Don't be more coming out.
1:04:32
[SPEAKER_01]: Get, I like it.
1:04:34
[SPEAKER_01]: Love it.
1:04:35
[SPEAKER_04]: Thanks for the awesome call.
1:04:39
[SPEAKER_06]: Yeah, it was super fun.
1:04:40
[SPEAKER_06]: Thank you guys for joining us.
1:04:41
[SPEAKER_06]: Thanks everybody for tuning on on Friday after noon hundreds of people tons of comments Before you leave give us a like subscribe.
1:04:48
[SPEAKER_06]: We're gonna be here next week given out a bunch more content interviews the whole nine yards everybody enjoy your weekend We're gonna catch you all next week.
1:04:56
[SPEAKER_06]: Bye everybody