Latest / The Paul Barron Crypto Show / Rate Cut Chances Increase!🚨Ethereum Skyrockets!!!🚀

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Rate Cut Chances Increase!🚨Ethereum Skyrockets!!!🚀 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: All right, so welcome back into the show.
• 0:02
  Speaker 2: Today, we're going to be going live, give you guys
• 0:04
  Speaker 2: some insights on where the market is going. Rate cuts
• 0:07
  Speaker 2: could be on the verge of happening. My name is
• 0:10
  Speaker 2: Paul Barron, Welcome back in. I do want to thank
• 0:12
  Speaker 2: our sponsor and that is our channel partner, and that
• 0:14
  Speaker 2: is Sweet Network. You guys, of course can learn a
• 0:16
  Speaker 2: lot more about it. But one of the big things
• 0:18
  Speaker 2: they've done here recently is this right here is Sweet
• 0:21
  Speaker 2: Pay and I'll play this for you. I'm gonna mute it,
• 0:24
  Speaker 2: but I'll play you kind of the cycle of this.
• 0:26
  Speaker 2: This is getting into a lot more integration into payment.
• 0:30
  Speaker 2: What I think is going to be going on with
• 0:31
  Speaker 2: SWEE is we're going to see an interesting rotation, maybe
• 0:35
  Speaker 2: out of Ethereum and possibly in some other projects like SWEE.
• 0:39
  Speaker 2: But where this is going is a good thing. Remember
• 0:42
  Speaker 2: huge advancements on Salana pay. When that we could be
• 0:47
  Speaker 2: the next one for a very big play on infrastructure
• 0:50
  Speaker 2: and whether or not they get some big partners, I
• 0:52
  Speaker 2: think that'll be the key thing to watch around Sweet.
• 0:56
  Speaker 2: So let's go over to the news real quick. I
• 0:58
  Speaker 2: want to lead off with this right here, All eyes
• 1:00
  Speaker 2: are on chair Powell. Now, a lot of people are
• 1:04
  Speaker 2: looking at the inflation numbers coming in. Obviously, headline inflation
• 1:08
  Speaker 2: was cold, core inflation coming in a little hotter month
• 1:11
  Speaker 2: over month inflation pretty much on Q and then me
• 1:16
  Speaker 2: people saying, okay, now, I think Trump gets his wishes
• 1:18
  Speaker 2: on the quarter basis points. And I don't know, do
• 1:20
  Speaker 2: you think that we should have cut in July? Do
• 1:23
  Speaker 2: you think that Powell is too late again? Have we
• 1:26
  Speaker 2: done too much damage to the job market?
• 1:28
  Speaker 3: Helps me?
• 1:28
  Speaker 1: Is all of that uh is really a question mark?
• 1:32
  Speaker 1: And I think we're gonna get into it. I've got
• 1:33
  Speaker 1: a clip. I think they were gonna queue it up
• 1:35
  Speaker 1: for you.
• 1:35
  Speaker 2: But I've got a clip real quick that will kind
• 1:37
  Speaker 2: of get into the uncertainty.
• 1:39
  Speaker 1: Have we surpassed that stage? Take a look.
• 1:49
  Speaker 3: Push that things are gonna get worse, You're gonna What
• 1:51
  Speaker 3: it tells me is is that if you take it
• 1:53
  Speaker 3: very simple, you summarize very accurately, there's been a push
• 1:57
  Speaker 3: that things are gonna get worse. You're gonna look at
• 1:59
  Speaker 3: a month that it's going to be really scary. But
• 2:02
  Speaker 3: most likely, if you look at the entire regime of
• 2:05
  Speaker 3: the effects of tariffs and the uncertainty. We are definitely
• 2:08
  Speaker 3: over the hump, and considering that this number isn't worse
• 2:12
  Speaker 3: than expected, I would say moving forward that your interpretation's
• 2:16
  Speaker 3: exactly correct. We're way over our skis and what we're
• 2:19
  Speaker 3: really finding is the last mile of inflation is sticky.
• 2:23
  Speaker 3: It was sticky, and really in the grand scheme of
• 2:26
  Speaker 3: things it doesn't break out. Is that the last three
• 2:29
  Speaker 3: or four months are extraordinary in any fashion.
• 2:33
  Speaker 2: All Right, So mini analysts still looking at this has
• 2:35
  Speaker 2: been a lot softer. I had an interview earlier this
• 2:38
  Speaker 2: week with Canary Capital and we kind of talked about
• 2:41
  Speaker 2: this point, and he also came on and talked about
• 2:45
  Speaker 2: that very issue is that he felt like inflation would
• 2:48
  Speaker 2: edge up but would stay there for some time. He
• 2:51
  Speaker 2: was more concerned around what was happening in the job market.
• 2:54
  Speaker 2: Peter Schiff, though, continues to push on this and his
• 2:57
  Speaker 2: situation is more around the CPI data that consumer prices increased. Again,
• 3:03
  Speaker 2: that's a big deal year over years three point one,
• 3:05
  Speaker 2: and that's excluding food and energy, which are two of
• 3:08
  Speaker 2: the biggest categories. Now, I do agree with that of
• 3:11
  Speaker 2: what Peter is saying. However, I don't believe I think
• 3:14
  Speaker 2: he's just trolling here that instead we should be raising
• 3:17
  Speaker 2: interest rates. The problem is jobs, and jobs is a
• 3:22
  Speaker 2: factor that is starting to come out. Of course, we
• 3:24
  Speaker 2: know what happened with the BLS and everything else this
• 3:27
  Speaker 2: over the last couple of weeks, but I think this
• 3:30
  Speaker 2: is the factor that the FED is going to have
• 3:32
  Speaker 2: to address, and it's going to be one that I
• 3:34
  Speaker 2: think starts to push in to situations right now when
• 3:38
  Speaker 2: you think about where the FED is and what's going
• 3:42
  Speaker 2: to look like if we truly see a complete adjustment
• 3:47
  Speaker 2: on jobs, at least in the number level that we've
• 3:50
  Speaker 2: been looking at with these adjustments outward since the BLS
• 3:54
  Speaker 2: started kind of coming back in on some of these
• 3:55
  Speaker 2: data points.
• 3:56
  Speaker 1: But remember the jobs need.
• 3:59
  Speaker 2: I think it's one hundred in fifty thousand new jobs
• 4:02
  Speaker 2: per month to stay on growth, and as you can see,
• 4:05
  Speaker 2: we've started to be considerably lower than that, and that
• 4:08
  Speaker 2: I think is.
• 4:09
  Speaker 1: A big factor here.
• 4:10
  Speaker 2: Kobeec is talking about President Trump says he's considering allowing
• 4:13
  Speaker 2: all major lawsuits against the FED chair Pale because of
• 4:18
  Speaker 2: the bad incompetent job he's done. So he's continuing to
• 4:21
  Speaker 2: put some pressure on and if you guys are playing
• 4:24
  Speaker 2: the ETH investment right now, because we are charging toward
• 4:29
  Speaker 2: an all time high. We'll go to charts here in
• 4:31
  Speaker 2: a little bit. I'll show you some sentiment data and
• 4:33
  Speaker 2: get into that. But I think one of the things
• 4:36
  Speaker 2: you have to be cognizant of is the fact.
• 4:39
  Speaker 1: That this could go sideways near.
• 4:42
  Speaker 2: The FED meeting, which is the sixteenth and seventeenth of
• 4:44
  Speaker 2: next month, so we've.
• 4:46
  Speaker 1: Got about three weeks.
• 4:47
  Speaker 2: Remember, we could see a lot of heat up from
• 4:49
  Speaker 2: Trump to still put pressure on Pal to get that quarter.
• 4:52
  Speaker 1: So be on the lookout for that.
• 4:54
  Speaker 2: This may be one of those things where we do
• 4:55
  Speaker 2: get a little bit of a sideways action or possibly
• 4:57
  Speaker 2: a retracement on the fast this moving asset out there
• 5:01
  Speaker 2: right now, which of course is ETH. Now, one of
• 5:04
  Speaker 2: the reasons that much of what I think is depending
• 5:07
  Speaker 2: on what the Fed is going to do, is all
• 5:10
  Speaker 2: related to jobs. As I mentioned earlier, this was terrible.
• 5:14
  Speaker 2: Trump's pick for BLS commissioner now suggests suspending the monthly
• 5:18
  Speaker 2: jobs report.
• 5:19
  Speaker 1: Now, first of all, that's a bad move.
• 5:21
  Speaker 2: I think you just continue to put out bad data,
• 5:23
  Speaker 2: you know, and revise it down.
• 5:24
  Speaker 1: Because this just shows absolute lack of faith.
• 5:27
  Speaker 2: Now, if you've got maybe an alternate you know, report,
• 5:30
  Speaker 2: or you've got some sort of new data system that
• 5:32
  Speaker 2: you could start to develop from. Okay, but you can't
• 5:35
  Speaker 2: just suspend the monthly jobs reports. Is the market does
• 5:39
  Speaker 2: depend on this, and I think the FED is of
• 5:41
  Speaker 2: course having to take a look at real strong information
• 5:44
  Speaker 2: around jobs. This is the point I've been getting at
• 5:45
  Speaker 2: for many months, is that jobs are on their way
• 5:48
  Speaker 2: into a bad position. The only thing I'm concerned about
• 5:52
  Speaker 2: right now is that we could see a lot more manipulation,
• 5:55
  Speaker 2: and that, unfortunately, would be very bad, I think for
• 5:58
  Speaker 2: the market, because it's going to show a lot less
• 6:00
  Speaker 2: confidence of where it's going. If you look at the
• 6:02
  Speaker 2: FED decision right now, we're hovering around eighty percent. We
• 6:06
  Speaker 2: kind of zoom in on that for the poly market
• 6:07
  Speaker 2: eighty one percent highest yet for a quarter basis points
• 6:12
  Speaker 2: right now. And I think the point that everybody's looking
• 6:15
  Speaker 2: at is maybe there might be a little bet here
• 6:18
  Speaker 2: on the fifty basis points. Not saying go out and bet,
• 6:21
  Speaker 2: but I'm just saying that's a five percent a zephy money.
• 6:24
  Speaker 2: I don't know fifty basis points could happen if we
• 6:27
  Speaker 2: do get continued data that does indicate we're seeing slower
• 6:32
  Speaker 2: job growth, and that's the concern I'm really I think
• 6:36
  Speaker 2: on board with is that the jobs are going to
• 6:38
  Speaker 2: be the number one catalyst going forward.
• 6:41
  Speaker 1: How many jobs added in August right now? Fifty k?
• 6:44
  Speaker 1: That is a dismal number.
• 6:45
  Speaker 2: If in fact we get that, that would be another
• 6:49
  Speaker 2: very bad report. If in fact we actually get the report,
• 6:51
  Speaker 2: depending on what the BLS is going to do in
• 6:53
  Speaker 2: terms of how that goes out, don't forget guys, make
• 6:56
  Speaker 2: sure and hit the poll. If you're not subscribed to
• 6:59
  Speaker 2: the I'll just take a minute do that right now.
• 7:03
  Speaker 2: But we're going to look at ethereum all time highs
• 7:05
  Speaker 2: and it looks like the poll is holding it right
• 7:07
  Speaker 2: now on days at forty three percent. Well, you guys
• 7:11
  Speaker 2: are very bullish right now, that's forty eight hundred. We're
• 7:14
  Speaker 2: holding it around forty five. Just clipped over forty five today.
• 7:16
  Speaker 1: As we're going live.
• 7:18
  Speaker 2: And of course all of this on this CPI data
• 7:21
  Speaker 2: coming through forty mili now in EAH shorts, Liquidata just
• 7:25
  Speaker 2: in the last sixty minutes. All this still very bullish.
• 7:28
  Speaker 2: I think for what is looking to be eight season.
• 7:32
  Speaker 2: The real question is going to be, how does this
• 7:34
  Speaker 2: rotate into whether it's all coins or other narratives, because
• 7:38
  Speaker 2: remember it's all about narratives right now. And this is
• 7:41
  Speaker 2: one good example of a narrative that has been very
• 7:44
  Speaker 2: high performing, and that is Circle. Circle of course a
• 7:48
  Speaker 2: darling overall Wall Street right now, and their numbers continue
• 7:51
  Speaker 2: to push into just crazy numbers here. I mean that's
• 7:55
  Speaker 2: ninety percent in circulation year of a year. That's an increase.
• 8:00
  Speaker 2: And then you go into their total revenue and reserve
• 8:02
  Speaker 2: income up fifty three percent year over year. These are
• 8:06
  Speaker 2: numbers that are astronomical. I think we're going to continue
• 8:09
  Speaker 2: to see Circle push now. Circle is still an e play,
• 8:14
  Speaker 2: and I think people now are starting to put together
• 8:16
  Speaker 2: what stable coins mean.
• 8:18
  Speaker 1: Now.
• 8:18
  Speaker 2: I think the next layer of stable coin development is deployment.
• 8:23
  Speaker 2: And once we see deployment, then it is a matter
• 8:26
  Speaker 2: of distribution. And I think distribution is going to be
• 8:29
  Speaker 2: the key that starts to generate a catalyst into ethereum.
• 8:34
  Speaker 2: When you look at what's happening on the ETFs, this
• 8:38
  Speaker 2: is just showing you all ETFs, but if we look
• 8:40
  Speaker 2: at ethereum, that's the ethereum move right now. This is
• 8:44
  Speaker 2: on the thirty day. Let's go over to the all
• 8:47
  Speaker 2: time there. You can kind of see big moves right
• 8:49
  Speaker 2: now in comparison to where Bitcoin has been holding, which
• 8:53
  Speaker 2: has somewhat been down in sideways, and I think this
• 8:56
  Speaker 2: is the rotation that we are seeing in the markets.
• 8:58
  Speaker 2: Even the ETF are also very similar to what price
• 9:02
  Speaker 2: action is doing on Spot. Other things I want to
• 9:05
  Speaker 2: get to which is big, and that is eth ETF's
• 9:09
  Speaker 2: coming in and that is a billion in inflows for
• 9:11
  Speaker 2: the first time ever. That's probably two hundred and thirty
• 9:14
  Speaker 2: eight thousand eighth guys. That's insane. Think about that for
• 9:19
  Speaker 2: a second and look at where the market is right
• 9:22
  Speaker 2: now in understanding how to invest in ETH, because I
• 9:25
  Speaker 2: think still we are dealing with very little comparison when
• 9:29
  Speaker 2: you look at the overall size of where we're going
• 9:33
  Speaker 2: to see tradfi play into the eth market. And you
• 9:36
  Speaker 2: got to remember, they've got the number one sales guy
• 9:38
  Speaker 2: out there, and we're not talking about Gecko, We're talking
• 9:41
  Speaker 2: about Tom Lee. But here's Nate Garassei kind of hits
• 9:46
  Speaker 2: on it right here. I feel like spot ets were
• 9:49
  Speaker 2: severely underestimated simply because of the trad fi.
• 9:52
  Speaker 1: Investors didn't understand it.
• 9:53
  Speaker 2: That's to my point, and Bitcoin had a nice, very
• 9:56
  Speaker 2: clean narrative. Digital gold people get it. Remember, well, the
• 10:00
  Speaker 2: street's a little lazy on this. Maybe though, the issue
• 10:03
  Speaker 2: of ETH and how these treasury companies have been introduced
• 10:07
  Speaker 2: into the ecosystem of tradfi that they're starting to understand it.
• 10:12
  Speaker 2: And I think maybe that is another reason that we
• 10:16
  Speaker 2: still have not seen a catalyst that could really propel
• 10:20
  Speaker 2: ETH well past it's all time high. And I think
• 10:23
  Speaker 2: that's the real question is what happens when we hit
• 10:25
  Speaker 2: forty eight hundred. I mean, do we see blue ocean
• 10:27
  Speaker 2: from there? And do you see that kind of retlacement
• 10:30
  Speaker 2: in comparison to Bitcoin in its recent run to its
• 10:34
  Speaker 2: all time high. So think about that. There are some
• 10:37
  Speaker 2: similarities there within it. But this is a good statement
• 10:41
  Speaker 2: right here, is that And I think this has changed
• 10:44
  Speaker 2: right here, this statement what is talking about is ETH
• 10:46
  Speaker 2: takes more time for investors to understand. I will say
• 10:48
  Speaker 2: this the financial advisors that I talked to here in
• 10:52
  Speaker 2: our home state, ETH has always been an interest. Now
• 10:58
  Speaker 2: it is a lead primary asset they are looking at
• 11:03
  Speaker 2: much like what Bitcoin has been. That is the first
• 11:06
  Speaker 2: time that I've truly seen that kind of shift within
• 11:09
  Speaker 2: financial advisors, and there's a lot of wealth in Florida,
• 11:12
  Speaker 2: and I think there and that kind of strategy is
• 11:15
  Speaker 2: starting to play out. She was saying about more ETFs
• 11:21
  Speaker 2: because these ETFs have a way of stimulating the market.
• 11:25
  Speaker 2: Listen to what he had to say.
• 11:26
  Speaker 4: The three major stock exchanges, so NAS, Nasdaq, and CEBO,
• 11:31
  Speaker 4: they have all filed with the SEC for Generic listing
• 11:33
  Speaker 4: Standards for crypto ETFs, which basically means that the exchanges
• 11:38
  Speaker 4: wouldn't need to seek specific approval for each spot crypto
• 11:42
  Speaker 4: ETF as long as it meets certain criteria. So this
• 11:46
  Speaker 4: would streamline the approval process. And that's important because right
• 11:50
  Speaker 4: now there are filings out there from multiple issues or
• 11:55
  Speaker 4: issuers for XRP ETF, Solana ETFs, CARDONO. We could go
• 12:01
  Speaker 4: on down the list, but there are a boat load
• 12:03
  Speaker 4: of filings out there, and the expectation is that the
• 12:07
  Speaker 4: standardized crypto Framework will be implemented, say in the next
• 12:11
  Speaker 4: two months or so. So if and when that happens,
• 12:15
  Speaker 4: I think you're going to see the floodgates open. We're
• 12:18
  Speaker 4: going to see a wave of approvals and you're going
• 12:20
  Speaker 4: to see again a boatload of new crypto ETFs coming
• 12:23
  Speaker 4: to market.
• 12:26
  Speaker 2: What Nate's hitting on there is interesting because this will
• 12:29
  Speaker 2: affect the broader crypto market. I believe much like what
• 12:33
  Speaker 2: happened when Ethereum came onto the scene, because it was
• 12:36
  Speaker 2: still remember still not in a position to where we've
• 12:40
  Speaker 2: seen the administration and regulation play into it, and we
• 12:44
  Speaker 2: have not had a staking ETF come about yet. So
• 12:48
  Speaker 2: if that happens in conjunction with a lot of these
• 12:51
  Speaker 2: other assets that start to roll out on that, I
• 12:53
  Speaker 2: want you to think about this, guys you're dealing with
• 12:55
  Speaker 2: right now is mostly main street investors. They invest in
• 13:00
  Speaker 2: they go into ETF, So they're getting all this information
• 13:04
  Speaker 2: fed to them now from financial advisor. So you got
• 13:07
  Speaker 2: private office, investment capital, you know, private equity, all sorts
• 13:10
  Speaker 2: of companies that are looking to park money. ETFs is
• 13:14
  Speaker 2: one of the ways that they rotate in and out.
• 13:16
  Speaker 2: They do sweeps on it. This is a traditional strategy
• 13:19
  Speaker 2: that's being used by the wealthy, and I think that
• 13:21
  Speaker 2: plays into what Nate's getting at, and that means a
• 13:24
  Speaker 2: lot of activity for some of the biggest market caps
• 13:27
  Speaker 2: out there, probably in the top twenty to top twenty
• 13:30
  Speaker 2: five tokens to be looking at. Here's Matthew Siegel hitting
• 13:34
  Speaker 2: on this right here, and he's talking about bittmind BM
• 13:37
  Speaker 2: and R just filed to expand it's at the market
• 13:40
  Speaker 2: equity program by twenty billion. That's five x increase in
• 13:44
  Speaker 2: issuance capacity right now. So what this simply means, guys
• 13:48
  Speaker 2: five imagine a company saying I'm going to go out
• 13:51
  Speaker 2: and five x my capital investment. I'm just going to
• 13:54
  Speaker 2: five exit. These are almost unheard of capital investment strategy.
• 14:00
  Speaker 2: This is why I think it is a gold rush,
• 14:03
  Speaker 2: and a lot of what is happening on Wall Street
• 14:06
  Speaker 2: right now is they're starting to recognize it.
• 14:08
  Speaker 1: Think about it this way.
• 14:09
  Speaker 2: Look at the early stages of AI and what happened
• 14:13
  Speaker 2: with Nvidia. Compare that to the early stages of some
• 14:16
  Speaker 2: of these other projects out there, whether it's e XRP,
• 14:20
  Speaker 2: you could look at many others within it, maybe even
• 14:22
  Speaker 2: Solona Hadera, all these kinds of tokens that are playing
• 14:25
  Speaker 2: into a new discovery layer of tech. Now, it doesn't
• 14:29
  Speaker 2: mean all of them are going to win at all.
• 14:31
  Speaker 2: It means you're going to find investment guys that are
• 14:33
  Speaker 2: going to look at these are the ones that are
• 14:35
  Speaker 2: starting to play, and they're going to start investing into those,
• 14:38
  Speaker 2: so that is a big factor. Could b M and
• 14:40
  Speaker 2: R and some of these treasury companies really start to
• 14:42
  Speaker 2: break loose. Another one you have to look at is
• 14:45
  Speaker 2: the fact that we're starting to see activity coming in
• 14:47
  Speaker 2: from a lot of these big companies on layer ones.
• 14:50
  Speaker 2: And this is interesting. This is ARC Circles Layer one.
• 14:54
  Speaker 2: This is a blockchain purpose built obviously first stable.
• 14:56
  Speaker 1: Cooin of finance.
• 14:58
  Speaker 2: And they're looking at FX capital markets here, which I
• 15:01
  Speaker 2: think is interesting.
• 15:02
  Speaker 1: But look at this.
• 15:03
  Speaker 2: They're talking about using USDC as native gas, so that's
• 15:06
  Speaker 2: ETH built in FX change that's going to remember the
• 15:10
  Speaker 2: size of the FX market is massive, okay. And then
• 15:14
  Speaker 2: a deterministic sub second finality opt in privacy. That's an
• 15:19
  Speaker 2: interesting feature which we have not seen yet. And then
• 15:22
  Speaker 2: first full Circle platform integration this course goes into USDC.
• 15:26
  Speaker 2: All this very positive for ethereum that being an l
• 15:30
  Speaker 2: one and you have other companies out there that are
• 15:32
  Speaker 2: going in the same direction.
• 15:34
  Speaker 1: You know, here was Ryan Seaan Adams.
• 15:36
  Speaker 2: He's talking about all of this being very bullish for ETH,
• 15:39
  Speaker 2: that Stripe and Circle both are building evms, and I
• 15:43
  Speaker 2: agree to a certain extent because the layer two still
• 15:46
  Speaker 2: do a good job within this now. Granted, if we
• 15:49
  Speaker 2: do see the advancement of what could be some big
• 15:53
  Speaker 2: updates on eth, maybe that changes a little bit. But
• 15:56
  Speaker 2: right now it is what it is, and I think
• 15:58
  Speaker 2: this is the key.
• 16:00
  Speaker 1: Now.
• 16:00
  Speaker 2: Jeremy errol a Layer kind of hit on this. Now
• 16:02
  Speaker 2: he goes into a clip here that we have, and
• 16:06
  Speaker 2: what he's talking about is the relationship with treasuries and
• 16:10
  Speaker 2: stable coins.
• 16:11
  Speaker 1: So take a look.
• 16:13
  Speaker 5: For stable coins to work properly, they need to be
• 16:15
  Speaker 5: backed by something, typically treasuries. There's a big question mark
• 16:19
  Speaker 5: about who is going to be buying our treasuries in
• 16:21
  Speaker 5: the future, and a view among some that the treasury
• 16:25
  Speaker 5: market is ultimately actually going to be supported for some
• 16:28
  Speaker 5: period of time as a function of the advent of
• 16:32
  Speaker 5: stable coins, because more people are going to need to
• 16:34
  Speaker 5: buy these treasuries to back the stable coins, and that
• 16:37
  Speaker 5: should give a boost to the treasure market. Other people
• 16:41
  Speaker 5: say maybe, but it's really just a recycling of money
• 16:44
  Speaker 5: because the money is going to come out of the banks,
• 16:45
  Speaker 5: and by the way, if they're sitting over with the
• 16:47
  Speaker 5: stable coins, it's actually less efficient from an economic perspective,
• 16:52
  Speaker 5: given that you actually can't effectively then loan against that
• 16:55
  Speaker 5: money in the same way that a bank could.
• 16:58
  Speaker 4: Right.
• 16:59
  Speaker 6: I think the view that that you know, this crowds out,
• 17:03
  Speaker 6: you know, the ability for lending to happen, I actually
• 17:05
  Speaker 6: think is a mistaken view. I think that when you
• 17:08
  Speaker 6: have super high velocity, very high utility money, people are
• 17:12
  Speaker 6: going to want to borrow that. And I think we're
• 17:14
  Speaker 6: going to see very robust credit markets developed that are
• 17:18
  Speaker 6: operated on blockchain networks, and we'll see actually more efficient
• 17:22
  Speaker 6: credit delivery with more transparency, more supervisability. We actually think
• 17:27
  Speaker 6: we can get to a safer financial system with more
• 17:29
  Speaker 6: effective credit delivery built on this new kind of stable contents.
• 17:33
  Speaker 1: At almost all.
• 17:34
  Speaker 2: Right, So a couple of points to break down there.
• 17:36
  Speaker 2: First of all, I want to validate that what they're
• 17:39
  Speaker 2: talking about in terms of supporting and backstopping the treasuries,
• 17:44
  Speaker 2: because treasuries are backed usually with one to one assets,
• 17:48
  Speaker 2: and if you look at what has been pressure on
• 17:51
  Speaker 2: treasuries and a lot of these curves over the last
• 17:54
  Speaker 2: couple of years has been the concern in Japan with
• 17:58
  Speaker 2: many people are kind of touting that the reverse carry
• 18:00
  Speaker 2: trade could play and unwind a lot of the treasuries,
• 18:03
  Speaker 2: and that the play is really that stable coins.
• 18:05
  Speaker 1: Could help backstop that loss. That's the idea.
• 18:08
  Speaker 2: So if he is right and it does occur, and
• 18:12
  Speaker 2: then the next leg is new credit instruments that could
• 18:15
  Speaker 2: really break up the banking cabal. That opens up a
• 18:19
  Speaker 2: whole new layer of new credit opportunities, and I think
• 18:23
  Speaker 2: this is big. We're already starting to see this in
• 18:25
  Speaker 2: some of the market right now, but it's very narrow.
• 18:28
  Speaker 2: If you look at what's happening on coinbase with Morpho,
• 18:31
  Speaker 2: many of the loan projects out there that are activating
• 18:34
  Speaker 2: on Bitcoin and ethereum. We know this is now starting
• 18:37
  Speaker 2: to happen in other platforms, and.
• 18:39
  Speaker 1: This is just a sliver of the market. So this
• 18:42
  Speaker 1: could get big quickly.
• 18:43
  Speaker 2: And of course that does play to the benefit of
• 18:47
  Speaker 2: what's happening with USDC, but it also opens it.
• 18:50
  Speaker 1: Up for other things.
• 18:51
  Speaker 2: Think about RILUSD been able to loan against that PYUSD.
• 18:55
  Speaker 2: There's all sorts of opportunities. PayPal would be one to
• 18:58
  Speaker 2: watch because there is an opportunity with PayPal because of
• 19:02
  Speaker 2: the ecosystem they have and the access to capital. The
• 19:06
  Speaker 2: problem is is I think their level of profitability would
• 19:09
  Speaker 2: drive the rates too high. I don't know if you
• 19:12
  Speaker 2: guys see this, but PayPal tries to do a lot
• 19:14
  Speaker 2: of business loans. They're doing heavy marketing out there right
• 19:17
  Speaker 2: now business loans, and the rate in which they're trying
• 19:20
  Speaker 2: to get small businesses to engage is astronomic. So I
• 19:25
  Speaker 2: think this could be a factor if we see stable
• 19:28
  Speaker 2: coin loans out there, because imagine most of these are
• 19:32
  Speaker 2: they're almost instantaneous that the TVLS is easy to do.
• 19:35
  Speaker 1: In many cases.
• 19:36
  Speaker 2: You can also become a liquidity provider in many the
• 19:38
  Speaker 2: DeFi platforms. We'll probably go to do a video on
• 19:40
  Speaker 2: that for you guys, because there's a lot of things
• 19:42
  Speaker 2: happening in DeFi right now, by the way, if you
• 19:44
  Speaker 2: want a DeFi video and getting into looking at whether
• 19:49
  Speaker 2: it's going in and earning yield on some of these
• 19:51
  Speaker 2: DeFi platforms directly to the asset, like something like USDC
• 19:55
  Speaker 2: or in a paired asset with with USDC or a stable.
• 19:59
  Speaker 1: Coin us snow.
• 20:00
  Speaker 2: In the comments, we're thinking about doing a deep dive
• 20:02
  Speaker 2: on them now. Jeremy also went in a little bit
• 20:06
  Speaker 2: further because he's talking about these asset classes that are
• 20:10
  Speaker 2: being built right now. Obviously, Bitcoin kind of already a
• 20:14
  Speaker 2: permanent asset class.
• 20:16
  Speaker 1: The question is is what else plays into this.
• 20:18
  Speaker 5: Let's go to this cliff, something like bitcoin in the
• 20:22
  Speaker 5: permanent class of just a store of value.
• 20:24
  Speaker 6: Well, I think you're you know, there's sort of the
• 20:27
  Speaker 6: like that there's a view over the kind of fistical you.
• 20:31
  Speaker 1: Could never do a stable coin based on bitcoin.
• 20:34
  Speaker 6: That's correct. I mean essentially, you know, what we see
• 20:38
  Speaker 6: in fact as a major growth driver in our business
• 20:41
  Speaker 6: is the internationalization of these digital dollars. And you even
• 20:44
  Speaker 6: hear that from President Trumpetary Treasury. We want to export
• 20:48
  Speaker 6: these digital dollars. We want to put them in the
• 20:51
  Speaker 6: hands of people who want to hold them and transact
• 20:53
  Speaker 6: with them, so that global demand is very is very real.
• 20:58
  Speaker 6: And I think you know, this is a kind of
• 21:00
  Speaker 6: currency competition on the internet versus China, versus other markets,
• 21:04
  Speaker 6: and this is a technological weapon to compete. And it
• 21:09
  Speaker 6: turns out also that people don't want to hold a
• 21:11
  Speaker 6: volatile crypto asset in many places, they want to hold
• 21:14
  Speaker 6: a dollar, right because.
• 21:16
  Speaker 7: It actually is significant.
• 21:17
  Speaker 1: Next week it is actually seen.
• 21:20
  Speaker 2: Okay, So he said a keyword there or a key
• 21:24
  Speaker 2: phrase there, and that is exporting US dollars. And that
• 21:28
  Speaker 2: is something that Trump will really like because it starts
• 21:32
  Speaker 2: to open up and do two things. The first thing
• 21:36
  Speaker 2: it does is it starts to stabilize the US dollar globally,
• 21:40
  Speaker 2: but it really starts to go head to head with
• 21:43
  Speaker 2: the major competing currencies.
• 21:45
  Speaker 1: Because really, at.
• 21:45
  Speaker 2: This point in a cycle, like all cycles, many you know,
• 21:51
  Speaker 2: great industries and countries and systems fall and most of
• 21:55
  Speaker 2: the times around two hundred years and we've seen this.
• 21:59
  Speaker 1: Are we nearing that with the US dollar?
• 22:01
  Speaker 2: Many people would say that's what digital assets are essentially
• 22:03
  Speaker 2: designed for, is to help supplant what the US dollar.
• 22:06
  Speaker 1: May not be able to do. But if stable coins do.
• 22:09
  Speaker 2: Create an export of US dollars globally, because remember there's
• 22:13
  Speaker 2: so many countries that need access to that, and this
• 22:15
  Speaker 2: is instantaneous, we're talking about speed of light essentially in
• 22:19
  Speaker 2: terms of value being transferred and being able to utilize
• 22:23
  Speaker 2: on almost every e commerce platform out there. Again, it
• 22:26
  Speaker 2: goes back to distribution, So all the e commerce platforms
• 22:29
  Speaker 2: have got to be able to make that available.
• 22:31
  Speaker 1: And I'm talking about.
• 22:32
  Speaker 2: Just as easy as PayPal was available for someone to
• 22:35
  Speaker 2: pay with anything, just as easy it is for you
• 22:37
  Speaker 2: to pay with a credit card on any kind of
• 22:40
  Speaker 2: place and in turn take payment as well. All of
• 22:45
  Speaker 2: those play into a very big opportunity. Now stable coins
• 22:49
  Speaker 2: start to represent an interesting phenomenon. One that is happening
• 22:53
  Speaker 2: right now is this right here, and this, of course
• 22:56
  Speaker 2: is a company called Alt five.
• 22:58
  Speaker 1: Now All five, we'll.
• 22:59
  Speaker 2: Talk about who they are, but they're essentially offering a
• 23:03
  Speaker 2: partnership here with We're a liberty finance. We're a liberty finance,
• 23:07
  Speaker 2: you know as Trump's organization. The concept behind this is
• 23:11
  Speaker 2: that we're going to see a stable coin engine with.
• 23:15
  Speaker 1: All their website.
• 23:17
  Speaker 2: Real quick, I want you to look at the industries
• 23:20
  Speaker 2: that they're in right here, banks, brokers, asset managers, hedge funds,
• 23:24
  Speaker 2: family offices, FinTechs, payment service providers, exchanges brokers, visa MasterCard issuers,
• 23:31
  Speaker 2: and then global merchants. These guys is stable coin as
• 23:36
  Speaker 2: a service and I think this is something that will
• 23:39
  Speaker 2: be intriguing, especially if we continue to see we're a
• 23:43
  Speaker 2: liberty fi play in these areas. I'm telling you, the
• 23:45
  Speaker 2: digital asset side is just now being explored by what
• 23:52
  Speaker 2: could be some of the biggest companies on the planet
• 23:55
  Speaker 2: in the next five years. So think about where Nvidia
• 23:57
  Speaker 2: is today. Now look at the transition of global finance
• 24:03
  Speaker 2: global finance and what that might look like in the
• 24:05
  Speaker 2: next five years. That is where it starts to get
• 24:09
  Speaker 2: people's attention. Don't forget though, You've got even l Bank
• 24:14
  Speaker 2: now partnering up with World Liberty FI. They're going into
• 24:17
  Speaker 2: a kind of a loyalty program. This is another you know,
• 24:20
  Speaker 2: tool set that I think they're going to try a
• 24:23
  Speaker 2: lot of things World Liberty FI in essence to create
• 24:26
  Speaker 2: different sources of programs strengths obviously into you know, what
• 24:29
  Speaker 2: is happening on DeFi, but also on decentralized innovation, which
• 24:34
  Speaker 2: I think we'll see and continue to see more of.
• 24:37
  Speaker 1: The key is what's going.
• 24:38
  Speaker 2: To be sticky, what's going to really work? And if
• 24:41
  Speaker 2: one gets sticky, expect the domino effect. And what I
• 24:44
  Speaker 2: mean by that is, once that something works, you're going
• 24:48
  Speaker 2: to see fortune five hundreds lining up by the hundreds
• 24:53
  Speaker 2: being able to engage and get that going. And whether
• 24:56
  Speaker 2: it's companies like you know, McDonald's or any other major
• 24:59
  Speaker 2: retailer out there they could go in this direction. I
• 25:02
  Speaker 2: think that would be the next step. And all this
• 25:03
  Speaker 2: still very very connected to ETH So I want to
• 25:09
  Speaker 2: play another connection here with World liberty, finance and Circle
• 25:14
  Speaker 2: take a look at this.
• 25:17
  Speaker 1: No, there is.
• 25:24
  Speaker 7: Like this maybe in the history of finance that brings
• 25:28
  Speaker 7: visionaries and people who have the relationships and the experience
• 25:32
  Speaker 7: together to create something so unique. And one other thing
• 25:35
  Speaker 7: that I want to point out is USD one. We
• 25:38
  Speaker 7: just announced the first ever point program for a stable
• 25:42
  Speaker 7: coin ever. So what that means is users of USD
• 25:46
  Speaker 7: one are going to be able to earn loyalty points
• 25:49
  Speaker 7: similar to airline miles or credit card points for holding, transacting,
• 25:53
  Speaker 7: and using USD one. This has never been done before,
• 25:57
  Speaker 7: and it's going to create massive, massive effects.
• 25:59
  Speaker 5: Okay, the growth, which raises the next question. Explain the
• 26:03
  Speaker 5: economics of the way your stable coin USD one works yep,
• 26:07
  Speaker 5: relative for example, to what Jermi e Lair is doing
• 26:10
  Speaker 5: and how there's yeah, where the money is that effectively
• 26:13
  Speaker 5: pays for the loyalty programs.
• 26:15
  Speaker 7: Yeah, so that's a great point. Unlike our competitor, we
• 26:20
  Speaker 7: have no long term rev shared deal with any of
• 26:23
  Speaker 7: our distribution partner. So while we are only one thirtieth
• 26:27
  Speaker 7: the market cap of Circle, we are already far more
• 26:30
  Speaker 7: profitable than they are now. That's because Circle and coinbase
• 26:36
  Speaker 7: made a deal a long time ago that Coinbase gets
• 26:39
  Speaker 7: sixty percent of the revenue that comes from Circle, regardless
• 26:43
  Speaker 7: of what happens in perpetuity. Because Circle is owned by Coinbase,
• 26:49
  Speaker 7: other exchanges don't want to work with them. They're being
• 26:52
  Speaker 7: paid to work with them, but they view working with
• 26:55
  Speaker 7: Circle as doing a deal with the devil because they're
• 26:57
  Speaker 7: directly supporting their competitor.
• 26:59
  Speaker 1: What do you really think, Okay, deal with the double Uh?
• 27:04
  Speaker 1: You know it's really talking about distribution.
• 27:06
  Speaker 2: But remember distribution up to this time in the the
• 27:12
  Speaker 2: industry so far has been a fraction of what it
• 27:15
  Speaker 2: will be. So imagine you know, commerce transitioning to stable
• 27:20
  Speaker 2: coins globally and what that distribution will look like, because
• 27:23
  Speaker 2: it's going to be every major company, every major player
• 27:26
  Speaker 2: out there now Weather World, w FI, which they have
• 27:29
  Speaker 2: a lot of partnerships and they have you know, another
• 27:34
  Speaker 2: out out there doing it. But I think the key
• 27:36
  Speaker 2: is still they're very speculative. They're much like Circle was
• 27:40
  Speaker 2: five years ago, very speculative, many questions whether or not,
• 27:43
  Speaker 2: you know, Tether would eat them alive. You know, there
• 27:45
  Speaker 2: was a lot still yet to be played, and of
• 27:48
  Speaker 2: course all of that headed toward eventually an I p O,
• 27:52
  Speaker 2: and I think maybe that's what we're going to probably
• 27:54
  Speaker 2: see happening here with Wilfey so h w l F.
• 27:57
  Speaker 1: I a lot of speculative.
• 27:59
  Speaker 2: Preman's pres right now on the crypto market, mostly because
• 28:02
  Speaker 2: if it's political connections, there's still a lot of pressure politically,
• 28:07
  Speaker 2: and as we get into the midterms next year, you
• 28:09
  Speaker 2: can bet that the Democrats will put a lot of
• 28:12
  Speaker 2: this on the front plate of countering Trump, and a
• 28:18
  Speaker 2: lot of the Republicans in terms of position, don't forget
• 28:20
  Speaker 2: put some questions in answer questions here live at the
• 28:24
  Speaker 2: end of the show, and then we are going to
• 28:26
  Speaker 2: go to the charts as well.
• 28:27
  Speaker 1: And we'll take a look at some of the sentiment
• 28:29
  Speaker 1: on overall.
• 28:30
  Speaker 2: I want to hit on one point that is kind
• 28:33
  Speaker 2: of an outlier that people may not be watching right
• 28:36
  Speaker 2: now in terms of how could this affect crypto and
• 28:41
  Speaker 2: one of them is this tweet right here from Elon Musk,
• 28:44
  Speaker 2: and what he's getting at is Apple behaving badly. Imagine
• 28:49
  Speaker 2: that Apple behaving badly in a manner that makes it
• 28:52
  Speaker 2: impossible for any AI company besides Opening Eye, to reach
• 28:55
  Speaker 2: number one in the app store, which is basically an
• 28:59
  Speaker 2: anti trust FILA. All right, So what he's getting at
• 29:02
  Speaker 2: is that Apple controls the per strings and access to
• 29:05
  Speaker 2: one of the biggest market ecosystems out there at the iPhone.
• 29:09
  Speaker 2: And if in fact that is the case, and we
• 29:11
  Speaker 2: start to see integration that could be user selected or
• 29:16
  Speaker 2: at least a level playing field. This could play into
• 29:20
  Speaker 2: some very interesting themes around other crypto projects and who's
• 29:25
  Speaker 2: the biggest AI player out there? Where you got to
• 29:27
  Speaker 2: look at Slana and could that play into it from
• 29:30
  Speaker 2: an agent standpoint that could be integrated. It's what I've
• 29:34
  Speaker 2: we've been talking about here on the show quite a bit,
• 29:36
  Speaker 2: is that agents on the iPhone is really the next
• 29:40
  Speaker 2: level of Siri. Siri is over and they just need
• 29:43
  Speaker 2: to conceite and defeat.
• 29:45
  Speaker 1: Allow you to use rock.
• 29:46
  Speaker 2: Or open AI or Perplexity or whatever you know, even
• 29:50
  Speaker 2: you know, anthropic if you want to and plug that
• 29:53
  Speaker 2: in and use that as your basically your voice assistant
• 29:56
  Speaker 2: and then start to layer in you know, the idea
• 29:58
  Speaker 2: of agents. That is a potential play that could go
• 30:02
  Speaker 2: in for the kill. And of course I think Elon's
• 30:05
  Speaker 2: got enough pressure here that maybe could pull some strings
• 30:10
  Speaker 2: with you know, a certain power at b to try
• 30:13
  Speaker 2: to put a little pressure on Apple. We'll see if
• 30:15
  Speaker 2: it plays out. One other thing I want to show
• 30:18
  Speaker 2: you guys real quick, and then we'll go to charts.
• 30:20
  Speaker 2: Take some questions. This is Google trends right now, Bitcoin, Eth,
• 30:24
  Speaker 2: and XRP. And as you'll notice right here, we've continued
• 30:28
  Speaker 2: to see this rise in ethereum coming off the floor.
• 30:32
  Speaker 2: XRP has been holding still trending up. But ETH and
• 30:36
  Speaker 2: XRP now starting to vuy for in comparison to Bitcoin
• 30:43
  Speaker 2: equal market attention. And this is the attention economy. I
• 30:46
  Speaker 2: talk about it all the time. Narratives are the attention
• 30:50
  Speaker 2: attention is profit and if you're in the right place
• 30:54
  Speaker 2: at the right time on the narrative, if you've made
• 30:56
  Speaker 2: a play on it, then most likely that kind of
• 30:58
  Speaker 2: attention is going to drive a lot of money into
• 31:00
  Speaker 2: your portfolios. Into that we'll take a few questions and
• 31:03
  Speaker 2: get to the charts real quick. Just taking a quick
• 31:05
  Speaker 2: look at Eth right now on the daily still holding
• 31:08
  Speaker 2: in at what looks to be right around forty four
• 31:11
  Speaker 2: eighty eight.
• 31:12
  Speaker 1: It did hit forty five hundred.
• 31:14
  Speaker 2: Sentiment is still positive right there, guys, So that's holding
• 31:18
  Speaker 2: up pretty nicely right now.
• 31:19
  Speaker 1: When you look at this overall.
• 31:20
  Speaker 2: If you guys have never seen our MSI that's basically
• 31:23
  Speaker 2: a tool that we use on all of our charts,
• 31:27
  Speaker 2: and it's one I like, let's get to a couple
• 31:30
  Speaker 2: of questions. We'll look at some other tokens here in
• 31:31
  Speaker 2: a second, Trump backed world Liberty five is a devil
• 31:36
  Speaker 2: in itself. Well, I think many people are kind of
• 31:38
  Speaker 2: looking at a lot of those kinds of issues out
• 31:41
  Speaker 2: there with wilfe as it's very speculative, and I think
• 31:45
  Speaker 2: it still has a lot of issues from a standpoint
• 31:48
  Speaker 2: of the political arena, and just there's a lot of headwinds.
• 31:51
  Speaker 1: For sure.
• 31:52
  Speaker 2: Bitcoin dominance almost below fifty nine percent, that is true,
• 31:56
  Speaker 2: let's tall. Yeah, it is fifty nine eighty five right now,
• 31:59
  Speaker 2: slipping down. And if you look at this, this is
• 32:01
  Speaker 2: the range that if it breaks through right there, guys,
• 32:05
  Speaker 2: this is going to get interesting because that right there
• 32:07
  Speaker 2: could indicate some big moves on many of these other
• 32:11
  Speaker 2: all coin markets. I don't know if that's true about
• 32:16
  Speaker 2: Arthur Hayes. I'm not going to state that because there's
• 32:18
  Speaker 2: a comment is it is it?
• 32:20
  Speaker 1: Okay?
• 32:20
  Speaker 2: The team is telling me that they've they've researched it
• 32:23
  Speaker 2: so UPAXI just hired Arthur Hayes, So that's interesting, Joshua
• 32:29
  Speaker 2: says Paul. Do you think bitcoin and XRP holders are
• 32:32
  Speaker 2: moving profits into ethereum and all coins? I don't know.
• 32:36
  Speaker 2: I think maybe bitcoin. You know, the the XRP holders
• 32:40
  Speaker 2: I know are they're rabbit. They are all about XRP
• 32:45
  Speaker 2: to the next level. And I would not say I
• 32:49
  Speaker 2: would not say that that's where it's coming from. I
• 32:51
  Speaker 2: still think it's rotating assets coming out of the big boy,
• 32:54
  Speaker 2: and that is a bitcoin because you've got so many
• 32:56
  Speaker 2: profits people in profit right now on Bitcoin rotation. Other
• 33:01
  Speaker 2: l one's coming soon.
• 33:01
  Speaker 1: Agree with that.
• 33:02
  Speaker 2: Institutions are buying Salona two. We're going to see more
• 33:06
  Speaker 2: of that. I think this is a narrative that is
• 33:09
  Speaker 2: going to play out as the ETF four soul comes
• 33:13
  Speaker 2: into the market. The question is is does XRP get
• 33:16
  Speaker 2: an ETF first. If they do, many people think that's
• 33:20
  Speaker 2: going to be an absolute explosion. And we'll see a
• 33:25
  Speaker 2: couple other things here. Ada gunning it thing g and
• 33:29
  Speaker 2: I will be okay, So you're gonna sell a little
• 33:32
  Speaker 2: bit soon on Ada. Let's take a look at the
• 33:34
  Speaker 2: Cardono chart. Yeah, big green candle today, so and nice.
• 33:39
  Speaker 2: You know over the last little bit since July about
• 33:42
  Speaker 2: this time last month, what is that up from that
• 33:46
  Speaker 2: zone right there? I mean, ADA is up fifty five percent,
• 33:49
  Speaker 2: So good to you ADA holders out there that are
• 33:51
  Speaker 2: doing that. Some people waiting on your Salona Seeker? Did
• 33:55
  Speaker 2: you get yours, Paul, I'm getting impatient.
• 33:57
  Speaker 1: That's going to be awesome. We have not received yet.
• 34:00
  Speaker 2: So it's August fourth here, what do we The clock
• 34:04
  Speaker 2: is ticking, totally, clock is ticking. We are almost ten
• 34:07
  Speaker 2: days in and no seekert. So there have been, you know,
• 34:13
  Speaker 2: claims that seekers are arriving, but I haven't seen that many.
• 34:17
  Speaker 2: And that kind of surprises me because you would think
• 34:20
  Speaker 2: we'd see a lot more on Twitter, okay, because I
• 34:22
  Speaker 2: know people are going to start saying I got secret
• 34:25
  Speaker 2: and here's the cool apps and this is what I love.
• 34:28
  Speaker 2: No reviews out there of any level yet. Is it
• 34:32
  Speaker 2: too late to buy ETH now? You're barely more than
• 34:35
  Speaker 2: a double your money.
• 34:36
  Speaker 1: Better than Bitcoin? I don't know.
• 34:38
  Speaker 2: I think people would look at ETH right now as
• 34:41
  Speaker 2: the sure play at least to the all time high.
• 34:45
  Speaker 2: Then I think you have to go into the potential
• 34:48
  Speaker 2: of what happens after that right now, the yeah, you
• 34:53
  Speaker 2: guys are still on the days wow fifteen hour votes
• 34:55
  Speaker 2: on days to all time high.
• 34:58
  Speaker 1: But the point being.
• 34:59
  Speaker 2: Is is that if we do get well when we
• 35:01
  Speaker 2: hit all time high for ethereum, I think the real
• 35:03
  Speaker 2: question is how does it react be of above the
• 35:06
  Speaker 2: five thousand mark, because I think that's a psychological number
• 35:10
  Speaker 2: that the market is going to be very interesting. So
• 35:14
  Speaker 2: whether you believe it's going to be a seven k
• 35:16
  Speaker 2: or in my opinion, I think you know, we could
• 35:19
  Speaker 2: see a ten k all time high in the next
• 35:22
  Speaker 2: you know, six months, maybe not by year end, but
• 35:24
  Speaker 2: I do believe that you've got so much narrative playing
• 35:27
  Speaker 2: into ethereum right now all of this, Yes, we could
• 35:30
  Speaker 2: see a retlacement. Those are typical market cycles. Remember that
• 35:34
  Speaker 2: if you're brand new to crypto, number one thing you
• 35:37
  Speaker 2: guys should do is get in our diamond circle.
• 35:39
  Speaker 1: So we always leave a link down below on those
• 35:42
  Speaker 1: because that'll help you.
• 35:44
  Speaker 2: Is ten k likely for eth Listen, if you listen
• 35:46
  Speaker 2: to Tom Lee, he's it above twenty k, not for
• 35:50
  Speaker 2: the year, but as a high for where this asset
• 35:54
  Speaker 2: could go in the next twelve months. That's significant in
• 35:57
  Speaker 2: terms of where this market. Go Remember, this market is
• 36:01
  Speaker 2: looking at crypto completely different than you and I look
• 36:04
  Speaker 2: at it as crypto people. They're looking at it from
• 36:07
  Speaker 2: a trad FI stance that has never had this in
• 36:11
  Speaker 2: the lens before, never been in there before. Outside of
• 36:15
  Speaker 2: the Bitcoin etf we have not seen these asset and
• 36:19
  Speaker 2: investment advisors start to go in that direction.
• 36:21
  Speaker 1: Man, you guys have a lot of questions. Today.
• 36:24
  Speaker 2: Eth almost back to twenty five percent of bitcoin, still
• 36:26
  Speaker 2: a two x to reach the previous cycle most likely,
• 36:29
  Speaker 2: I think you're right. Biggest mystery is when Congress will
• 36:32
  Speaker 2: pass rebates to Americans from tariffs. I don't know if
• 36:36
  Speaker 2: we'll see that. I think Trump, if he does that,
• 36:38
  Speaker 2: that would be huge for the market because that money's
• 36:41
  Speaker 2: going right into crypto. Then goes to Trump telling us
• 36:45
  Speaker 2: to buy eight back when it was fourteen hundred. Did
• 36:49
  Speaker 2: Trump tell you buy at fourteen hundred? Do we have
• 36:52
  Speaker 2: record of him saying buy at fourteen hundreds?
• 36:54
  Speaker 1: I don't know if we do or not.
• 36:56
  Speaker 2: He's he's always getting those good ones. Eth is a
• 36:59
  Speaker 2: mind hya Nursia right now. I think it's too late, Pal.
• 37:03
  Speaker 2: I agree with you. I think that is a concern
• 37:06
  Speaker 2: right now. If there is any concern of us going
• 37:08
  Speaker 2: into a recession scenario. Is the job slide. That's the
• 37:13
  Speaker 2: concern I have. And also we're dealing with a potential
• 37:17
  Speaker 2: of even a lagging inflation nary scenario that could play
• 37:22
  Speaker 2: into this as well. So don't think that we're out
• 37:23
  Speaker 2: of the woods yet on any of this end of
• 37:27
  Speaker 2: year prediction. I don't like making predictions. What I will
• 37:30
  Speaker 2: tell you this, I think, yeah, an all time high
• 37:32
  Speaker 2: is definitely there, but that seventy two hundred range.
• 37:35
  Speaker 1: We've showed this.
• 37:35
  Speaker 2: Before on ETH and if I go to the chart
• 37:40
  Speaker 2: and you look at ethereum and what it has been
• 37:44
  Speaker 2: able to do right now, we are out of a
• 37:46
  Speaker 2: lot of these liquidity ranges. Sentiment continues to fly. I
• 37:50
  Speaker 2: think that seventy two hundred number is the big one.
• 37:53
  Speaker 2: And if you go with some of these, you know
• 37:56
  Speaker 2: a lot of the chart tools that start to indicate
• 37:59
  Speaker 2: this Evan and I talk about is quite a bit.
• 38:01
  Speaker 2: That golden pocket is right around seven to seventy two hundred.
• 38:03
  Speaker 2: That might be the all time high for end of year.
• 38:06
  Speaker 1: All right, let's see here.
• 38:08
  Speaker 2: What are your thoughts on BTS seems like the best
• 38:10
  Speaker 2: nav Yes, that is a good NAVCS is a very
• 38:16
  Speaker 2: interesting you know, I've talked to Charles many times about
• 38:19
  Speaker 2: what they're doing. They have committed more money to go
• 38:22
  Speaker 2: into ethereum. I think they're interesting things as well. But
• 38:28
  Speaker 2: any of these treasuries, I think if you're willing to
• 38:30
  Speaker 2: hold a little bit longer, these will probably play out
• 38:33
  Speaker 2: for you. Not financial advice. I'm not telling you guys
• 38:36
  Speaker 2: go on and putting these money in the treasuries.
• 38:39
  Speaker 1: Okay, black hole or circle? Who do you pick?
• 38:43
  Speaker 2: Oh, in terms of like DeFi, I'm assuming that's a
• 38:47
  Speaker 2: question for DeFi like invest circle for DeFi yields and
• 38:52
  Speaker 2: meaning USDC or go in and pair it with black
• 38:56
  Speaker 2: the token I will say this black Hole has started
• 38:59
  Speaker 2: to slide a little bit and shift a little bit
• 39:01
  Speaker 2: of power back over into the other Avax ecosystem.
• 39:05
  Speaker 1: I we'll mention who that is. You're gonna watch a
• 39:07
  Speaker 1: video for that.
• 39:08
  Speaker 2: We're gonna talk about that a little later in the week,
• 39:10
  Speaker 2: So be on the look for that. Like I said,
• 39:12
  Speaker 2: if you haven't subscribed, do that because that will be
• 39:14
  Speaker 2: a big video. What are the chances of them not
• 39:18
  Speaker 2: cutting rates? This is a concern because if we don't
• 39:21
  Speaker 2: get a rate cut, expect, guys, some market instability. We
• 39:26
  Speaker 2: will see it both in the S and P. We
• 39:28
  Speaker 2: will see it in the crypto markets. You could see,
• 39:31
  Speaker 2: you know, Cobec coming in and saying, you know, sixty
• 39:36
  Speaker 2: billion liquidated in the last sixty.
• 39:37
  Speaker 1: Minutes kind of things.
• 39:40
  Speaker 2: But that's for sure, all right, guys, we are going
• 39:43
  Speaker 2: to do more Lives, trying to keep on this for you.
• 39:45
  Speaker 1: Guys.
• 39:46
  Speaker 2: We'll try to get in here at least a couple
• 39:47
  Speaker 2: times a week if you do. If you like the Lives,
• 39:50
  Speaker 2: if you like the Lives, or if you like more
• 39:51
  Speaker 2: of our deep dives, let us know. We always love
• 39:54
  Speaker 2: your feedback because that's that's one of the things that
• 39:56
  Speaker 2: really drives the channel, and it's and it's a big deal,
• 40:00
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• 40:02
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• 40:04
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• 40:07
  Speaker 2: on x at Paul Baron. I'll catch you next time
• 40:10
  Speaker 2: right here on the Paul Baron Show.