Latest / CRYPTO 101 / Crypto Rundown: Fed Raises Rates & Crypto Rallies! The Top Rate Hike Trades We See!

Transcript

Crypto Rundown: Fed Raises Rates & Crypto Rallies! The Top Rate Hike Trades We See! · CRYPTO 101

0:08
[SPEAKER_02]: All right, everybody, welcome back to the crypto rundown.
0:11
[SPEAKER_02]: So listen, the Fed raises rates yesterday.
0:14
[SPEAKER_02]: The Clarity Act failed.
0:16
[SPEAKER_02]: And crypto's dead, not so fast.
0:20
[SPEAKER_02]: The market is green.
0:21
[SPEAKER_02]: And if you've been listening to this podcast or Ben inside our community over the last couple months, you've got nothing but winners and good information's winning trade after winning trade, whether it's Brian who's with us to hear it here today, Brendan Bryce Joe.
0:34
[SPEAKER_02]: We have laid out.
0:35
[SPEAKER_02]: a content and community package that has literally covered this perfectly over the last couple months.
0:41
[SPEAKER_02]: So if you're here right now, give this video a thumbs up on the bottom right hit our logo and subscribe and you want the recipe for higher rates, no clarity act and the winners that are happening.
0:52
[SPEAKER_02]: We've been giving to you inside the community first.
0:54
[SPEAKER_02]: You've heard some of them on the pod second and we're going to go over what's working right now today.
0:58
[SPEAKER_02]: So you're going to want to stick around.
0:59
[SPEAKER_02]: Brian, welcome to the show.
1:02
[SPEAKER_02]: Again, I think you just said this right before we hopped on.
1:04
[SPEAKER_02]: If you told us the recipe of what's going on right now with no clarity act passing, literally raising interest rates, being in the year, nobody saw this coming, nobody.
1:15
[SPEAKER_02]: But still, the crypto market is higher, not only this week, but rallying higher today.
1:21
[SPEAKER_02]: Welcome back to the show and congratulations on all your hard work and winning calls.
1:26
[SPEAKER_02]: But there's still some curveballs here to break down, even though we've been on the winning side of these trades.
1:33
[SPEAKER_00]: Yeah, I mean, there's always a curve ball every single week, man.
1:35
[SPEAKER_00]: We do this weekly together now and it does feel like we're just talking about something new, new curve ball, a new knuckle ball, whatever you want to call it, being thrown at us.
1:45
[SPEAKER_00]: And you know, we were sweating that clarity act.
1:48
[SPEAKER_00]: Uh, for a long time and it started to get the past started to get pretty clear there.
1:54
[SPEAKER_00]: There was a little glimmer of hope there towards the end that we might have gotten it done.
1:57
[SPEAKER_00]: I actually watched the here or the vote live certainly was trading a few meme coins in and out as well with the direction I thought it might go.
2:08
[SPEAKER_00]: But to no surprise, no clarity act and then yeah, like you said, man, we got a fed rate of all raised first time since 2023 believe a 25 basis points or bips as we like to call it and all those headlines together feel like it should be extremely bearish we're all freaking out, but that that's not the case at all, man.
2:30
[SPEAKER_02]: yeah well there's the there's the saying don't fight the fed and i love how you said bips this is uh this is me every time i say bips instead of basis points that's how i feel just absolute uh you know like like a like a king um yeah so we raise some bips and there's just saying i mean don't fight the fed i think there's a i think there's something to be said there
2:52
[SPEAKER_02]: It's just we kind of talked about how especially on the downside at the beginning here of this this market bear market for crypto It really decoupled because we talked nonstop about how AI was the bill of the ball on leading crypto fell off So it was like we were almost in our own little bear market because the S&P the NASDAQ kept making all-time highs Whereas the last time the Fed raised rate
3:14
[SPEAKER_02]: raised rates and we went into a kind of don't fight the fed bear market if you will.
3:19
[SPEAKER_02]: Yeah, crypto was down a bunch, but everything else was down a bunch.
3:22
[SPEAKER_02]: You know, meta got that 60% haircut, all the tech firms took it as well.
3:26
[SPEAKER_02]: So this was kind of our own little corner bear market and we had to, you know, do the research, do the work.
3:32
[SPEAKER_02]: But again, if you're following us inside the community, if you were listening to the podcast, you know, you got
3:38
[SPEAKER_02]: great, great information from the team.
3:40
[SPEAKER_02]: And if you're somebody that feels like right now, the bull market's starting to get going and you want to be a part of the community.
3:46
[SPEAKER_02]: So you don't miss out on those first alerts from Brian, from Bryce, from Brendan, the rest of the team.
3:51
[SPEAKER_02]: Check the link below.
3:52
[SPEAKER_02]: We've got the number one coin to own right now.
3:54
[SPEAKER_02]: It's something that the team's worked on for this new bull market.
3:56
[SPEAKER_02]: So go down, click that.
3:57
[SPEAKER_02]: There's some other links there.
3:58
[SPEAKER_02]: If you want to get into the community, get the newsletter and start.
4:03
[SPEAKER_02]: getting more education as you can clearly tell this this team that we have here a crypto one one crypto nation has been on top of it from this jump.
4:11
[SPEAKER_02]: Um, again, just seeing how this rate environment, uh, if we want to wrap that up Brian, like what are you looking for in the fed because what I saw as people are saying, well, they should just raise 50 bifths because.
4:23
[SPEAKER_02]: the inflation so thick 25 doesn't do anything so then they're going to have to raise again in the fall and then there's other people saying well if you know if the macro environment if this war just dies inflation will fall like a rock because a lot of it's oil related and again 25 basis points isn't going to bring down lower oil it's certainly not going to unfreeze the housing market
4:44
[SPEAKER_02]: So there's like two sides of the coin, like, okay, yeah, inflation's sticky, but 25 basis points isn't going to do anything, so it's an interesting kind of position for the Fed to be in and the markets as well, because, you know, you see the Fed's taking inflation seriously, which is a good thing because the debt is at a control, but maybe that is the catalyst for Bitcoin for Z cash, for these assets that, you know, maybe get outside of, you know,
5:14
[SPEAKER_00]: Yeah, I think that's a really good take there.
5:17
[SPEAKER_00]: And this is something that over the past few weeks, I think we all started to expect that we were going to see a hike for a lot of the reasons you named.
5:26
[SPEAKER_00]: But the key point here is that Bitcoin absorbed a Fed hike.
5:30
[SPEAKER_00]: They absorbed a disappointment with the Clarity Act.
5:33
[SPEAKER_00]: And we're still sitting right around like a $76,000 Bitcoin right now in some other ults are absolutely ripping.
5:45
[SPEAKER_00]: Another rate hike could certainly be coming.
5:48
[SPEAKER_00]: I think everybody realizes that, but crypto holding up right now is a pretty interesting reaction to me.
5:55
[SPEAKER_00]: And I think that's, is it decoupling?
5:57
[SPEAKER_00]: I don't know.
5:58
[SPEAKER_00]: There's a lot of different ways we can look at this.
6:00
[SPEAKER_00]: But I'm looking at a very bearish point of view because I think we are certainly coming out of a bear market.
6:06
[SPEAKER_00]: We're looking to get into a bull market.
6:08
[SPEAKER_00]: We've been talking about September.
6:09
[SPEAKER_00]: We've been talking about October.
6:11
[SPEAKER_00]: He's on the crypto market.
6:12
[SPEAKER_00]: It's going to start to pick up again.
6:14
[SPEAKER_00]: Maybe the clarity actor get approved.
6:16
[SPEAKER_00]: Maybe we get some bullish news.
6:17
[SPEAKER_00]: Maybe we wouldn't get a rate hike.
6:19
[SPEAKER_00]: So we kind of had some macro events here that didn't go our way.
6:22
[SPEAKER_00]: Bitcoin's just chilling.
6:23
[SPEAKER_00]: Some also are absolutely ripping.
6:25
[SPEAKER_00]: Like we're going to talk about later in the show Z-Cash.
6:28
[SPEAKER_00]: So I think when things start to break our way and go even better, I think we might be in a full-fledged bull run, I think it's just really interesting reaction that cryptos holding up as well.
6:38
[SPEAKER_00]: It is and I'm not going to fight it.
6:41
[SPEAKER_00]: I think it's a great thing.
6:43
[SPEAKER_02]: Yeah, well, you don't want to fight the Fed if that gets to a more serious point.
6:46
[SPEAKER_02]: And what you just said, what I'm looking at is it's a catchup trade.
6:50
[SPEAKER_02]: Again, crypto had its own bear market.
6:52
[SPEAKER_02]: And while everything else was going sky high, and we started getting to the point where the DRAM ETF, and you start getting these ETFs with two X, five X leverage on an ETF, they had to, we covered this on the show only one time, but like that DRAM ETF with leverage over in Korea.
7:12
[SPEAKER_02]: like so many people piled in.
7:14
[SPEAKER_02]: And then there was a huge margin call.
7:16
[SPEAKER_02]: And they literally did legislation to outlaw these, you know, leverage ETFs.
7:21
[SPEAKER_02]: That's how crazy it got.
7:23
[SPEAKER_02]: And so yeah, you're going to see that come in a little bit.
7:26
[SPEAKER_02]: Again, I think me and you agree and the technology world agree.
7:30
[SPEAKER_02]: Sure, AI is the future, but it doesn't mean it can't get ahead of its skis.
7:33
[SPEAKER_02]: And you're going to see
7:34
[SPEAKER_02]: You know, maybe a little bit of those stocks coming in and then maybe a little bit of the catch up trade because if you do believe that crypto is downstream AI like we like we do There's a lot of winners begin you got to have that education you got to know where to look because and agree with me or disagree or Brian the next bull run that we feel like we're going into isn't a closure eyes throw a dart at the board and that all coins going to go up one two three x we really got to do our research we really got to know what we're buying
8:04
[SPEAKER_00]: Yeah, we absolutely need to do our research and, again, you've said this at the top of the show, credit to our team because we have such some really outstanding analysts here that all have different points of views and I learned so much from the TA guys and the macro guys and then there's just so many different points of views that you can have in this sector and you can get some really great opportunities.
8:26
[SPEAKER_00]: But again, to kind of just put a bow on this overall macro environment, it's still risky.
8:31
[SPEAKER_00]: It's still risk going on right now, but the overall reaction in the crypto world right now is extremely positive.
8:38
[SPEAKER_00]: I'm really happy to see how things are looking because it could have gone ugly.
8:42
[SPEAKER_00]: I mean, if this is a few months ago, and we had an indication like, hey, four months down the line, you're going to get 25 bips raised, maybe more, and clarity acts not going to happen.
8:51
[SPEAKER_00]: I mean, we would have probably went to like 42,000 Bitcoin and people would have freaked out.
8:56
[SPEAKER_00]: So, I love how it's how it's framing itself.
9:00
[SPEAKER_00]: I feel like there's some really great opportunities.
9:04
[SPEAKER_02]: Yeah, it's a great point.
9:05
[SPEAKER_02]: We love where we are in the board.
9:07
[SPEAKER_02]: We're obviously we're buying the dip.
9:09
[SPEAKER_02]: I know we still have some dry powder.
9:11
[SPEAKER_02]: Some other opportunities might come about.
9:13
[SPEAKER_02]: There will be volatility in crypto.
9:15
[SPEAKER_02]: There always is, but with volatility comes opportunity.
9:17
[SPEAKER_02]: We're going to jump around the sheet here.
9:19
[SPEAKER_02]: You want to know what trades are working with higher interest trades.
9:23
[SPEAKER_02]: What trades are working as the clarity act in past.
9:25
[SPEAKER_02]: We're going to get to that in a little bit.
9:27
[SPEAKER_02]: But there's some breaking news just of this morning.
9:30
[SPEAKER_02]: It's breaking news, but he can't.
9:32
[SPEAKER_02]: I mean, Brian, how many times can we pat ourselves on the bat one more, one more?
9:36
[SPEAKER_02]: The accident team coming out, a couple, you know, literally 48 hours after the clarity act failing on the floor and starts making some mandates about tokenization, about just digital asset regulation.
9:50
[SPEAKER_02]: And some people are saying, wow, what a quick move.
9:52
[SPEAKER_02]: Well, again, if you've been listening to this podcast, we've been putting out interviews about this since two months ago.
9:57
[SPEAKER_02]: Since literally mid July, we went to that conference.
10:00
[SPEAKER_02]: So I think it was July 14th, 17th.
10:03
[SPEAKER_02]: I keep touting about that interview with the former CFTC chairman.
10:07
[SPEAKER_02]: Because he laid this out.
10:08
[SPEAKER_02]: He was like, listen, this is what's going to happen.
10:11
[SPEAKER_02]: And so if there's any call to wanting to be a part of this program,
10:15
[SPEAKER_02]: putting on notifications on YouTube and going down and checking the links below to be a part of this community.
10:20
[SPEAKER_02]: It's like, hey, how else can we say that we know the insiders we're talking with them?
10:25
[SPEAKER_02]: We laid out exactly what was going to happen two months ago.
10:28
[SPEAKER_02]: And just as somebody who builds this community with all you guys and runs our kind of our content here, I couldn't be more proud of the programming that we've done at the depths of the bear market to try to give some insight into what's coming because look at what happened today.
10:42
[SPEAKER_02]: Brian, break this down for us.
10:45
[SPEAKER_02]: Because not only is everybody in crypto happy, I think Vlad is doing a little victory last one Twitter as well when it comes to tokenization stocks after his feud last week that we talked about
10:55
[SPEAKER_00]: Yeah, and again, credit to YouTube because I tell the boys I tell the family members to anybody that's interested and learn more about crypto and I'm like, hey, you need to start learning about it now because it's getting nutty and you're going to ask me you guys me 16 months from now a year and a half down the line 18 months from now like about crypto and goodwill like you should have been watching the run down it's
11:15
[SPEAKER_00]: it's something that we produce multiple times a week and I think it's just a great way to digest exactly what has happened in the market.
11:22
[SPEAKER_00]: It's my favorite thing that we do here in the best part about it is it's free.
11:26
[SPEAKER_00]: It's on YouTube, anybody can access it.
11:28
[SPEAKER_00]: So really credit to you and to jump into probably the biggest story today.
11:33
[SPEAKER_00]: The SEC just created an actual pathway for U.S. stocks to trade on chain.
11:39
[SPEAKER_00]: Something we have been talking about for months now, but this is great to hear.
11:44
[SPEAKER_00]: And there's an important distinction here.
11:45
[SPEAKER_00]: We're not simply talking about a synthetic token that tracks NVIDIA or that tracks Apple.
11:52
[SPEAKER_00]: Under this framework, the SEC says that the token I stock needs to provide the same rights and privileges as traditional shares.
12:01
[SPEAKER_00]: Now it's permissioned, there are limits, it's temporary, there's plenty of guardrails, but zoom out here.
12:08
[SPEAKER_00]: We've spent years talking about stock's eventually moving on chain.
12:12
[SPEAKER_00]: Specifically, this past year, we have been talking and you said we've had some major interviews on the podcast about this.
12:19
[SPEAKER_00]: We're starting to go from eventually to actually building the regulatory plumbing to make this happen.
12:25
[SPEAKER_00]: And this is one of the biggest stories out there, something that I knew was gonna happen.
12:28
[SPEAKER_00]: You knew was gonna happen, but we're starting to see actual, real framework coming out from the SEC.
12:36
[SPEAKER_00]: It's exciting, man, if people ask me all the time, like, oh, the only thing I see good for crypto is cross-border payments.
12:45
[SPEAKER_00]: And I'm just like, there are so many things that can be improved by putting something on chain.
12:52
[SPEAKER_00]: They just have no idea.
12:53
[SPEAKER_00]: And this is just a great example.
12:55
[SPEAKER_00]: Awesome news.
12:57
[SPEAKER_02]: Yeah, let's and let's hear straight from the horses mouth.
12:59
[SPEAKER_02]: We have a clip here from Paul Atkins, or sitting SEC chair right now.
13:03
[SPEAKER_02]: I know where I want to start this clip.
13:04
[SPEAKER_02]: It's a little long.
13:05
[SPEAKER_02]: It's four minutes.
13:06
[SPEAKER_02]: We're not going to listen to all the thing.
13:07
[SPEAKER_02]: But let's start here at the 36 second mark and then we can maybe listen to a minute or so.
13:13
[SPEAKER_01]: Earlier this week, Congress was unable to advance the Clarity Act, despite good faith negotiations in the tireless efforts of many.
13:22
[SPEAKER_01]: So today, we are taking a significant step using the SEC's statutory authority to ensure that progress continues and that America's capital market advanced into the digital age through what we call the innovation exemption.
13:40
[SPEAKER_01]: a mechanism to facilitate on-chain trading of certain tokenized stocks.
13:46
[SPEAKER_01]: On-chain trading of tokenized securities could provide vast benefits to investors in markets.
13:52
[SPEAKER_01]: But under the current framework, then use that wish to utilize this innovative technology, may encounter ambiguity surrounding regulatory status and how they could comply with the federal securities laws.
14:07
[SPEAKER_01]: for too long this uncertainty has prevented responsible yet critical innovation from taking root in the United States.
14:16
[SPEAKER_01]: Today's SEC Order grants two forms of temporary, conditional, except of relief.
14:23
[SPEAKER_01]: First, exempting certain trading venues from the definition of
14:32
[SPEAKER_01]: And second, exempting certain liquidity providers from the definition of dealer under Section 3A5 of H.J.
14:42
[SPEAKER_01]: informed by extensive public engagement through round tables and other input.
14:48
[SPEAKER_01]: Our innovation exception is intentionally limited in scope.
14:52
[SPEAKER_02]: and set to expire after five years.
14:56
[SPEAKER_02]: So we got five years of this innovation exemption.
15:00
[SPEAKER_02]: Brian, I know it just came out today, so I don't mean to put you on the spot.
15:03
[SPEAKER_02]: But what does this kind of, what are you looking for, I guess, for this?
15:08
[SPEAKER_02]: When can,
15:10
[SPEAKER_02]: You see how is this going to affect us in our daily lives for the average, maybe crypto trader stock trader or is this kind of tokenized stocks bringing this, you know, maybe like a space X to somebody in Australia or.
15:24
[SPEAKER_02]: in Asia because they don't have access to, you know, U.S. exchanges.
15:29
[SPEAKER_02]: Is that where this is going?
15:31
[SPEAKER_02]: Where is this going to end up?
15:32
[SPEAKER_02]: I still have to do some research on it.
15:34
[SPEAKER_02]: Obviously we'll be talking about this for a lot because it is a big deal for tokenized assets.
15:38
[SPEAKER_02]: But I'm not sure where we're going to see this utilized first.
15:43
[SPEAKER_00]: Yeah.
15:44
[SPEAKER_00]: That's a good question.
15:46
[SPEAKER_00]: I guess they just kind of peel back.
15:48
[SPEAKER_00]: This is exactly what we talked about after the clarity vote.
15:51
[SPEAKER_00]: Congress is one track.
15:53
[SPEAKER_00]: The SEC and the CFTC are another track.
15:56
[SPEAKER_00]: Clarity doesn't get the 60 votes it needed.
15:58
[SPEAKER_00]: And basically two days later, the SEC comes out with an exemption allowing tokenist stocks to start trading on chain.
16:04
[SPEAKER_00]: That doesn't make congressional registration irrelevant, but legislation is much more durable than agency rules, but it does mean crypto regulation doesn't necessarily just stop with the clarity that gets hung up in the Senate.
16:16
[SPEAKER_00]: I think this token I stock trading 24-7 is going, it's just naturally where we're going to go.
16:23
[SPEAKER_00]: We have the technology to support it.
16:25
[SPEAKER_00]: There's enough interest to support it.
16:27
[SPEAKER_00]: It's going to give access to probably global markets.
16:35
[SPEAKER_00]: is just how Congress is like, yeah, we're not sure about the clarity vote, but in the SEC and CFTC just comes out and they're like, hey, we're going to give an exemption about allowing token our stocks start trading on chain and we don't really care about what you say more.
16:53
[SPEAKER_02]: Yeah, it feels like it feels like that in a fun way.
16:59
[SPEAKER_02]: It's something we're going to cover.
17:00
[SPEAKER_02]: Obviously there was the spat with AMCCO and Vlad last week.
17:05
[SPEAKER_02]: I saw Sailor tweet something that this opens up the door for his digital credit to be tokenized.
17:10
[SPEAKER_02]: So I think you're going to see a lot of announcements.
17:12
[SPEAKER_00]: Yeah, oh boy.
17:14
[SPEAKER_02]: be seeing a lot of announcements of the utilization of this innovation exemption and we're going to be covering it on the show, but just obviously needed to share that with the listeners because this is exactly what we've been talking about for the last two months, even if Clarity Act failed, the CFTC and the SEC are going to be moving forward, but is the Clarity Act not fully dead?
17:35
[SPEAKER_02]: One more thing in the fleet of the night, they're starting to see in some tweets, we started sharing it in our group chats, JP Morgan said Clarity Act not fully
17:43
[SPEAKER_02]: Passes window extremely narrow.
17:45
[SPEAKER_02]: I think our our colleague Alex sent a tweet of like there were seven democrats that said, well, I could be, you know, could be convinced to keep talking about the clarity acting to year end.
17:56
[SPEAKER_02]: I didn't get to see exactly who that was democrat wise, but my odds are it's somebody, the majority of those people are probably up for vote here in November and they,
18:06
[SPEAKER_02]: They were going to some crypto pack events last cycle so they voted no, and then now they need to go out and see if they can salvage some of their crypto relationship That's my guess.
18:17
[SPEAKER_02]: I haven't done the research.
18:18
[SPEAKER_02]: This is literally hot off the press this morning, but what are your thoughts here that we're not dead yet?
18:24
[SPEAKER_00]: Yeah, so it technically is not dead in the Senate can bring it back, but the clock as we all know is becoming a problem.
18:31
[SPEAKER_00]: They needed 60 votes.
18:33
[SPEAKER_00]: They got 49.
18:33
[SPEAKER_00]: They actually had 50 at one point.
18:35
[SPEAKER_00]: I think forget who it was, but someone took their vote back and I got real salty about that when it was happening.
18:41
[SPEAKER_00]: But that's besides the point.
18:43
[SPEAKER_00]: And there isn't there just isn't that much legislation calendar left for after midterms and then the end of Congress.
18:50
[SPEAKER_00]: So, can it come back of course it can, but here's the important part to me.
18:54
[SPEAKER_00]: The rest of the crypto regulation isn't necessarily stopping while they figure this out.
18:58
[SPEAKER_00]: The SEC is moving, the CFTC moving, smaller bills are moving and being presented.
19:04
[SPEAKER_00]: And now we're literally creating a regulatory pathway for the US stocks to trade on chain.
19:09
[SPEAKER_00]: So, I don't think the story is anymore
19:11
[SPEAKER_00]: Clarity failed, crypto regulation failed.
19:15
[SPEAKER_00]: That's what we wanted, that's what a lot of people wanted it to say, that's not what happened.
19:21
[SPEAKER_00]: It's the comprehensive bill, bill, the stalled.
19:24
[SPEAKER_00]: But the transition towards on chain finance keeps moving anyways.
19:28
[SPEAKER_00]: I mean, there's a lot of other areas that is pushing.
19:31
[SPEAKER_00]: on-chain finance, sorry, traditional finance, on-chain.
19:35
[SPEAKER_00]: And they're like, all right, the building pass will be moved this forward.
19:39
[SPEAKER_00]: So again, we've said this a million times on the show.
19:41
[SPEAKER_00]: It's not a matter of if this passes, it's when it passes.
19:44
[SPEAKER_00]: And we really wanted it to pass in 2020.
19:46
[SPEAKER_00]: There's a lot of liquidity on the sidelines that needs this to happen.
19:50
[SPEAKER_00]: It would just be awesome for our bags.
19:53
[SPEAKER_00]: It would be awesome for the bull run.
19:55
[SPEAKER_00]: But now,
19:56
[SPEAKER_00]: It's not technically dead, but I think it's probably probably closer to early 2027, but I've now moved into the camp that it really doesn't matter anymore, because there's just too many people out there, too many, I mean the SDC and the CFTC are basically like, all right, well while you guys figure this out, we're just going to move forward with all these guidelines for everyone.
20:18
[SPEAKER_00]: So it's it's it's bullish in my opinion and I do believe the clarity acts gonna happen And you made a great point.
20:26
[SPEAKER_00]: I forget the seven Republicans that were like, hey, like I could still be convinced otherwise Yeah, I mean, though.
20:33
[SPEAKER_00]: I'm sure they will flip over.
20:34
[SPEAKER_00]: I'm sure they'll be some
20:36
[SPEAKER_00]: you know, and they want to be winding down a little bit.
20:39
[SPEAKER_00]: They want to be rude to get their vote on that other side.
20:43
[SPEAKER_00]: They want the votes from the crypto community.
20:45
[SPEAKER_00]: And people need to realize that the voters that are coming up right now are comfortable with digital assets.
20:51
[SPEAKER_00]: They've been more than half their life have been surrounding around crypto assets and digital assets.
20:57
[SPEAKER_00]: And this is just second nature to them.
20:59
[SPEAKER_00]: So people, these senators need to really realize who the voters are
21:07
[SPEAKER_00]: And I think some of them are becoming hip to it and I certainly I watched that I watched the I want to call it a debate.
21:14
[SPEAKER_00]: I watched the vote yesterday and Elizabeth Warren was just painfully outdated with what she was saying on the podium and It just goes to show you that
21:27
[SPEAKER_00]: regardless of your stance, Democratic Republican, and I understand there's definitely different sides here.
21:34
[SPEAKER_00]: You can't suppress a technology that's so beneficial to a company, to the people.
21:41
[SPEAKER_00]: And there's other countries out there.
21:42
[SPEAKER_00]: There's other countries out here that are moving forward in this area.
21:46
[SPEAKER_00]: I'm a big believer that United States needs to be leading the charge.
21:50
[SPEAKER_02]: Yeah, something you don't want to get left behind on, um, and there's a lot of projects that, you know, you don't want to get left behind on, especially when you're, uh, missing out on that dip buying Zen style says why the heck didn't I hear about Z-cast two years ago?
22:04
[SPEAKER_02]: I'll tell you what, if you've been inside the community, this year you've certainly heard about a lot and on our program, as we bring up the chart, another 20% ripper here in the last 24 hours for Z-cast while we're talking
22:19
[SPEAKER_02]: Um, and just an absolute run this week up 30% this month up almost 200% this year up 2,800% Again, something that I know Brian's been very bullish on on Z cash buying that dip and then there's even been a
22:39
[SPEAKER_02]: Oh my god, Brian, what happened to a little muggled.
22:41
[SPEAKER_02]: No, if you don't go there.
22:43
[SPEAKER_00]: Something went down, don't worry.
22:45
[SPEAKER_00]: We're still right.
22:46
[SPEAKER_02]: We move on.
22:47
[SPEAKER_02]: We move on.
22:48
[SPEAKER_02]: Pahi, you can whatever you just broke.
22:49
[SPEAKER_02]: I'm sure you can buy a 10 of them with your Z-cash bags.
22:53
[SPEAKER_02]: What do you see in here from Z-cash?
22:56
[SPEAKER_02]: just uh... we want to cover for the people like hey this is the stuff again you want to be inside the community first of all to get these first alerts uh... if you're not inside the community got a listen every single week to pick up on uh... you know what else we we find bullish if you don't want to be inside the community but zcash is leading a broad advance in specular tokens
23:15
[SPEAKER_00]: I mean, what a freakin' token Z-cash is.
23:18
[SPEAKER_00]: And there were some scary times as Z-cash, and we came on the run down together, and I was like, I've like Z-cash, but we had an exploit in the Orchern pool.
23:27
[SPEAKER_00]: We've talked about it, and I still remember because after the show, like maybe day or two later, I went and I bought it, it bought a big bag of Z-cash, and like a couple of shares, but I bought a big bag of it.
23:38
[SPEAKER_00]: because I was like this ironwood migration with them being proactive as a team about to exploit I was like in us just having goldfish brains or memories I should say in the crypto community if everything gets a green light it's going to absolutely rip and I feel like it was one of my better calls have
23:58
[SPEAKER_00]: that I've ever had, and if you were watching the run down that day, I was very adamant that I believed that.
24:04
[SPEAKER_00]: So Z-Cash, as we know, absolutely continues to rip, and they had this governance story, holders overwhelmingly supported, faster transactions while keeping,
24:14
[SPEAKER_00]: And if you don't know the structure of Bitcoin as a Bitcoin style having structure, so it's like the privacy of Bitcoin.
24:21
[SPEAKER_00]: And then Perigrom comes in with Matt Wong and publicly says that they own Zizikash and describe Zikash as the privacy complement to Bitcoin.
24:32
[SPEAKER_00]: That's a pretty big validation of a narrative that's already fire hot.
24:38
[SPEAKER_00]: So I don't think you can call this just a governance pump anymore.
24:42
[SPEAKER_00]: The governance helped the fundamental story.
24:45
[SPEAKER_00]: And then we have a pair of group coming and pouring some gasoline on the privacy narrative.
24:50
[SPEAKER_00]: And we've been talking about that within our communities.
24:52
[SPEAKER_00]: We've been talking on the rundown how privacy with institutions getting in is going to be a big narrative.
24:59
[SPEAKER_00]: And then when we saw them fix the exploit B proactive about it, all the migratory, I mean, the signs were there.
25:06
[SPEAKER_00]: We were seeing people migrate over to ironwood and I even remember on the run down.
25:11
[SPEAKER_00]: I was like, hey, like 30% of like the Z cash is migrated over to ironwood as long as it's not trash.
25:17
[SPEAKER_00]: This is going to pump.
25:18
[SPEAKER_00]: So I love it.
25:21
[SPEAKER_00]: I'm holding my bag, I haven't, I usually sell on big pumps and I think I bought right around like 3,800.
25:27
[SPEAKER_00]: So I'm like 3x on that, I almost always preach.
25:30
[SPEAKER_00]: If I'm up 2, 3x on the token, I'm taking my profits off the table.
25:35
[SPEAKER_00]: I can't do it with this gold baby Z-cash.
25:38
[SPEAKER_00]: I might sort of wearing a Z-cash hat.
25:41
[SPEAKER_00]: I have a Bitcoin hat, but I might sort of wear a Z-cash hat.
25:49
[SPEAKER_00]: I'm going to probably eat steak and lobster tonight.
25:55
[SPEAKER_02]: Like down here, brother, you deserve it.
25:57
[SPEAKER_02]: One thing I do like to do, we did this with like hyper liquid and as these as these tokens start to just absolutely rip.
26:04
[SPEAKER_02]: I think it's very important to bring back the education of market cap, right?
26:08
[SPEAKER_02]: Because again, for a coin to double, your market cap has to double.
26:11
[SPEAKER_02]: And then a bigger project that has bigger market caps, it takes a lot more money for that price to double.
26:17
[SPEAKER_02]: And then same thing, when we're talking about being in the trenches, you got to be careful with those super low market caps because as Hunter Biden learned, if you don't have the proper liquidity in market cap,
26:28
[SPEAKER_02]: your project's just garbage, like it was with laptop.
26:32
[SPEAKER_02]: So let's pull a coin market cap here, Z-Cash, coming into the top 10 this week.
26:38
[SPEAKER_02]: Congratulations to then, congratulations to us and passing Dogecoin, hyper-liquid.
26:44
[SPEAKER_02]: And so sitting at a $25 billion market cap, what I like to see, do you see, again, privacy,
26:52
[SPEAKER_02]: The use case of this is it kind of like I look at salon and next at 50.
26:57
[SPEAKER_02]: So there's your double.
26:58
[SPEAKER_02]: Can you get to 50 billion dollars in double to maybe catch up with salon and maybe XRP army.
27:05
[SPEAKER_02]: Can you sponsor a couple football fields?
27:09
[SPEAKER_02]: Okay, XRP, can you get to 80 and be the future of bank?
27:13
[SPEAKER_02]: And then obviously are two blue chips of Ethereum and Bitcoin, you know, 300 billion for Ethereum, 1.5 trillion for Bitcoin.
27:21
[SPEAKER_02]: So a long way to go there.
27:22
[SPEAKER_02]: But there's a lot of people you could find.
27:24
[SPEAKER_02]: I see the cases on X all the time of Z cash basically making the comparison to Bitcoin's market cap and saying, we should be 25-50% of that.
27:35
[SPEAKER_02]: So, you know, there's a bullish case for another 3 to 5X.
27:38
[SPEAKER_02]: But also,
27:39
[SPEAKER_02]: Relatively speaking, you know, is there a chance here to catch the Lana?
27:42
[SPEAKER_02]: What are you breaking down when it comes down to the market cap of hyperlick who I'm sorry of Z-Cash excuse me and and where do you think this thing could go with its thesis?
27:53
[SPEAKER_00]: Yeah, it's a, it's a, it's a great call because there's a lot of institutional interest right now around Z cash, which is helping gets case quite a bit in the news we got today was pretty big.
28:05
[SPEAKER_00]: Man, it, it, it's, it's tough to buy into a 30% on up on the weekend, so I'm not telling anybody to do that, but it's, I haven't sold because I, I think.
28:19
[SPEAKER_00]: There has to be a privacy leader, okay?
28:22
[SPEAKER_00]: There has to be a token out there.
28:24
[SPEAKER_00]: Privacy is important in crypto.
28:26
[SPEAKER_00]: Institutions coming in people won't privacy.
28:29
[SPEAKER_00]: And they feel like the most sophisticated one, especially with the new upgrades, and now institutional interests.
28:36
[SPEAKER_00]: Man, I'm like looking at like XRP, like 80 billion, like I like XRP army, but like what and so on I love I love I love the I love the chain so on I train on it all the time, but like It just feels like privacy could be such a big meta coming into this bull run
28:57
[SPEAKER_00]: I, I, I would not be surprised.
29:00
[SPEAKER_00]: Let me take the top five.
29:01
[SPEAKER_02]: Yeah.
29:03
[SPEAKER_02]: Let me take this over.
29:04
[SPEAKER_02]: Because this reminds me, because we're not at the height of the bull market.
29:07
[SPEAKER_02]: Yeah.
29:07
[SPEAKER_02]: We talk about it on both sides when people start calling us and asking us what a bunch.
29:13
[SPEAKER_02]: But by Bitcoin, I bought some, you know, we start to know and same thing on the way down.
29:17
[SPEAKER_02]: Like people start laughing at you making fun of you and we talk about that.
29:21
[SPEAKER_02]: It's a strong signal of part of your strategy of how you
29:27
[SPEAKER_02]: And I'll never forget this, I'm not gonna name drop, but I have a friend who was very anti-crypto for like, you know, I don't understand it.
29:35
[SPEAKER_02]: And he's very pretty wealthy individual.
29:37
[SPEAKER_02]: And he's just like, I don't understand it.
29:38
[SPEAKER_02]: I'm not interested.
29:39
[SPEAKER_02]: I got my own things set up, blah, blah.
29:41
[SPEAKER_02]: And I was like, okay, well, I use my friend.
29:43
[SPEAKER_02]: I love the guy, but I'm not gonna talk about work or the podcast, because he was pretty negative on it.
29:48
[SPEAKER_02]: And then we went into the bull run.
29:49
[SPEAKER_02]: And this was last year, I remember, we were, you know, Trump coined just launched.
29:56
[SPEAKER_02]: uh... back uh... agreed it was the port no agreed days i mean the the salon so right right so wait so then we're on we're together and this is probably we haven't talked about crypto for a year and a half i just wasn't going to bring it up again and this guy comes out to me so hey how's the party you guys must be crushing it and they're doing good he's like yeah i got i got some bickit bit point of theory because you know what i really learned a lot about and i really like
30:20
[SPEAKER_02]: salana and I go oh my god I go I'm literally there my eyes were like oh this is it this is the moment and that was literally Pico top of salata last cycle it was when this guy came to me and said I did the research on I really like it and I really like salana out of all three Pico top
30:38
[SPEAKER_02]: And so, I tell that story because, number one, I don't think there's any mass hysteria hype.
30:44
[SPEAKER_02]: I think, you know, CNBC talks about the Bitcoin Ethereum price movement.
30:48
[SPEAKER_02]: And yeah, we've seen some hyper-liquid on the mainstream TV.
30:51
[SPEAKER_02]: Maybe a little talk, cash, not too much.
30:53
[SPEAKER_02]: But we're definitely, I don't have any friends asking about Z-cash.
30:56
[SPEAKER_02]: Most of them don't even know what Z-cash is.
30:59
[SPEAKER_02]: And so, I feel like there's still that snowball effect.
31:02
[SPEAKER_02]: of a hyperbolic bull run for some of these coins that aren't, you know, in the mix with the average person.
31:09
[SPEAKER_02]: And when that average person comes back, it's a trickle down, right?
31:12
[SPEAKER_02]: Bitcoin, Ethereum, Solana, and then they want to find that altcoin that's absolutely rocketing.
31:16
[SPEAKER_02]: And I'm not guaranteeing there's no guarantees here.
31:19
[SPEAKER_02]: We don't give personal financial advice at all.
31:21
[SPEAKER_02]: It just feels like Z-Cash could be like that type of storyline.
31:27
[SPEAKER_00]: It just has a good story too, like the token on much of the style of Bitcoin.
31:32
[SPEAKER_00]: So people that like Bitcoin, but like private Bitcoin, people will be able to relate to it.
31:37
[SPEAKER_00]: Well, in privacy, like it's it's easy to like break down for people because like, you know, once you start to like kind of explain like how you can see all public transactions.
31:47
[SPEAKER_00]: And if you're a major company or institution here, sending this much Ethereum or Bitcoin or Solana over here, you can if you know they're all address, you can be like, this guy just sent
31:56
[SPEAKER_00]: $27 million to this this wall at here.
31:58
[SPEAKER_00]: What's this wall connected to?
32:00
[SPEAKER_00]: Z cash has a shorter pull and you can you know I don't want to say high but you can shield some of the more important information and you can obviously how get that information if needed you know if there's a listed activity.
32:14
[SPEAKER_00]: It's just a it's a slick little coin and it's been around forever too man and they and the thing that sold me on it is I was scared about the exploit.
32:23
[SPEAKER_00]: And it's tough to buy into something that's like, you know, went from 800 to 400 or even less than 400.
32:28
[SPEAKER_00]: Really tough to buy into something like that, but I love how the team addressed that exploit, how they were proactive, they used a white hat developer, they were transparent, they're like, we found this exploit, we're going to dive deep, we're going to be transparent about it.
32:42
[SPEAKER_00]: Just like really gave me confidence with like the team behind it.
32:47
[SPEAKER_00]: And I was like, man, like, if they can pull this off, this thing's going to go up because the crypto community is guys start to embrace it.
32:53
[SPEAKER_00]: It's going to become the leader in privacy and there's other ones out there.
32:57
[SPEAKER_00]: Minero and all brought, there's other privacy tokens out there, but they be there the leader, now they're becoming the clear leader and now it's time for the rest of the crypto community and then the normies to start to get this story and it feels very much like Bitcoin
33:15
[SPEAKER_00]: in like I don't want to like because people are going to like ape into it.
33:18
[SPEAKER_00]: I don't want to do that.
33:19
[SPEAKER_00]: But it's 2016.
33:21
[SPEAKER_00]: You know, it's like 2015-16.
33:22
[SPEAKER_00]: It's like it's like really telling a story here that I really like and you know, I love hyper-liquid too.
33:29
[SPEAKER_00]: So like I think that the the buybacks and the burns and the purps platforms.
33:33
[SPEAKER_00]: But there's certain altcoins here that when we kick off into a bull run,
33:40
[SPEAKER_00]: I just, I just really think Z-Cash.
33:42
[SPEAKER_00]: If you told me a year from now, it's Z-Cash the top five crypto and flip XRP.
33:46
[SPEAKER_00]: I'd be like, no crap, man.
33:48
[SPEAKER_00]: Like we were talking about that, like a year ago, like I, I think we saw that coming.
33:52
[SPEAKER_00]: And now that's not to say that, you know, something could happen.
33:55
[SPEAKER_00]: I mean, I wanted to disclose that, but I'm a bull right now.
33:59
[SPEAKER_02]: Yeah, I just think overall, there's a,
34:04
[SPEAKER_02]: There's still that macro move that needs to happen and then these things could go absolutely crazy and I definitely could see that happening with C-Cash I just I think there's volatility along the way like if I'm looking at this chart you know again and you always want to be you know diving into the thesis and the narratives and making sure nothing changes but like
34:28
[SPEAKER_02]: I'm a betting man.
34:29
[SPEAKER_02]: Okay, let's just say this.
34:30
[SPEAKER_02]: So a little friendly competition for the pot.
34:32
[SPEAKER_02]: Are you gonna get a chance to buy this thing under a thousand dollars this cycle again?
34:39
[SPEAKER_02]: Which would be a 25, 30% correction at this point.
34:46
[SPEAKER_00]: Ooh, it's a good all brand new.
34:50
[SPEAKER_02]: I love this break out here, but it feels like I want to say yes.
34:55
[SPEAKER_02]: I want to say yes, too.
34:56
[SPEAKER_02]: I want to say yes, too.
34:57
[SPEAKER_02]: And that doesn't mean it can't go to 1800 or 2K and then correct.
35:00
[SPEAKER_02]: But I just feel like number one, there's some macro volatility coming and I feel like this breakout from a thousand.
35:06
[SPEAKER_02]: to 1200 has been crazy and now we're eating all-time highs and hitting price discovery.
35:11
[SPEAKER_02]: But I feel like the crypto community is going to ape into this thing a little bit, a little phomo.
35:15
[SPEAKER_02]: And you can just kind of see, you know, we got to get Brendan and Hunter on for technical analysis.
35:18
[SPEAKER_02]: But I just like this level here of the breakout, you know, do you come back and test this out?
35:23
[SPEAKER_02]: You know, not to say it'll be a thousand on the dot.
35:25
[SPEAKER_02]: But,
35:26
[SPEAKER_02]: Again, if you want to learn more and you want to be inside the community to make sure you're keeping tabs number one Listen to the podcast every single week number two check the links below.
35:35
[SPEAKER_02]: I want to get you inside and you can you know read the news letters Be a part of the team and be a part of the conversation every single day with Bryce Brian Joe Brendan, et cetera Let's see we are we are we are we on the yes side are we on the yes side
35:51
[SPEAKER_00]: I think I want for me.
35:52
[SPEAKER_02]: It'll be a win if it's like I'll say under 1100.
35:55
[SPEAKER_02]: If it goes under 1100, I think we're going to give ourselves a win and say hey remember you're going to get another shot.
36:00
[SPEAKER_02]: I think I think you know the shot of this thing under 1100.
36:04
[SPEAKER_00]: I mean, I remember a Bitcoin first cross 10 grand and I was like, I think I might have tweeted it out in this before you know, the crypto one of one days and all this and I was like, hey, it's your last time to bought Bitcoin under 10,000 and then like years later, COVID happened, it was like four grand and you know, there's always something there that could shake us.
36:24
[SPEAKER_00]: So I'm going to say yes, but that does not take away my bullishness on Z cash and where we're going.
36:30
[SPEAKER_00]: I think it could get real nutty for a while.
36:34
[SPEAKER_02]: Yeah, and we can't wait for that nutty era, but I stand for, I think there's some volatility going into the end of the year here, but I am a believer that on the other side, it could get it could get nutty and we're excited for it.
36:49
[SPEAKER_02]: We're going to cover it.
36:51
[SPEAKER_02]: people are asking me to be where are you not your normal thing will we're live from world famous fabulous lost vagus we got Resorts world behind this we got treasure island an old gem an old if you're a long-term vagus goers The treasure island an old gem.
37:05
[SPEAKER_02]: I think it's a dying brand now
37:07
[SPEAKER_02]: But excited to be out here in Vegas, and if we're out here in Vegas, we can't end this show without a little gambling.
37:13
[SPEAKER_02]: Take me to the meme coin markets Brian live in Vegas.
37:18
[SPEAKER_02]: Let's talk about the meme coins here.
37:19
[SPEAKER_02]: Congrats on Z-Cat continued again, because I'm going off of Z-Cash.
37:24
[SPEAKER_02]: Z-Cat a huge winner for you.
37:26
[SPEAKER_02]: What are you seeing?
37:28
[SPEAKER_00]: Yeah.
37:28
[SPEAKER_00]: Well, remind me when we're a person one day to tell you a little treasure island story by ended up in the back room of treasure island pulled back there by some security and for something I did not do or they were, they were, they took my ID and all this stuff and they thought I was underage, but long story short, I'll tell you in person or maybe if we have more time another day, but let's jump over to Z-Cat because crypto can never just leave an air
37:57
[SPEAKER_00]: So Z-Cat, the anonymous cat, is up 150% on the last 24 hours.
38:02
[SPEAKER_00]: This we're looking at it.
38:04
[SPEAKER_00]: It's already around what?
38:05
[SPEAKER_00]: It's 150 million dollar market cap or a little bit north of that.
38:09
[SPEAKER_00]: And I think it's a perfect example of how narrative's moved through crypto right now.
38:13
[SPEAKER_00]: Z-Cash or Z-Gruns, privacy gets hot, we get validation about the Z-Cash narrative, and then traders immediately move farther out on the risk curve, looking for a meme attached to the sore story.
38:27
[SPEAKER_00]: And Z-Cash is the case, Z-Cash is the casino version of the thesis, and apparently they're both absolutely open for business today, and if anybody's curious we talked about
38:40
[SPEAKER_00]: early in our community, and I think that's like a $200 million market cap.
38:43
[SPEAKER_00]: I came to remember any more.
38:44
[SPEAKER_00]: It's just keep going up.
38:46
[SPEAKER_00]: Z-Cat is paired with Z-C. And it was the number one token that was created on the Stunk platform.
38:54
[SPEAKER_00]: Photosclosure.
38:55
[SPEAKER_00]: I'm a holder of Z-Cat.
38:57
[SPEAKER_00]: I think it's
38:59
[SPEAKER_01]: I think it's one of the most interesting meme coins out there right now.
39:01
[SPEAKER_00]: I love it being paired with Zika.
39:03
[SPEAKER_00]: I like the anonymous cat.
39:05
[SPEAKER_00]: I like it being developed on stock and the parent.
39:07
[SPEAKER_00]: And you hold it and I'm just getting Zika'sched.
39:12
[SPEAKER_00]: Like every 15 minutes I think it is.
39:14
[SPEAKER_00]: I refresh my wallet, you know, a little bit of Zika'shdrift, a little bit of Zika'shdrift.
39:21
[SPEAKER_00]: It's amazing.
39:22
[SPEAKER_00]: And again, this is on the risk card boys.
39:26
[SPEAKER_00]: Everyone just realized that.
39:28
[SPEAKER_00]: But, you know, if Z-Cash is up 20%, 30% is Z-Cash is up even bigger, and I'm here for the ride.
39:38
[SPEAKER_02]: Yeah, it's been it's been quite a ride here and meme coins aren't slowing down and we're not slowing down here at crypto 101.
39:46
[SPEAKER_02]: So again a final call.
39:47
[SPEAKER_02]: We really appreciate you by listening.
39:49
[SPEAKER_02]: Give it a thumbs up.
39:50
[SPEAKER_02]: If you're new bottom right hit our logo subscribe.
39:53
[SPEAKER_02]: We hope everybody has an amazing weekend.
39:55
[SPEAKER_02]: We're going to be back next week with some more great guests.
39:57
[SPEAKER_02]: I'm interviews with Price, Brendan, a couple of run downs.
40:00
[SPEAKER_02]: I think the teams getting together in San Diego next week, but that doesn't mean we're not going to bring you content.
40:04
[SPEAKER_02]: because we will, we really appreciate all the support as we head into this bull run.
40:09
[SPEAKER_02]: Thank you all for listening, but that's all for now.
40:12
[SPEAKER_02]: Bye bye, everybody.