Latest / The Paul Barron Crypto Show / Clarity Rally Begins?🚀DEALS Reached!📈Crypto Market Update

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Clarity Rally Begins?🚀DEALS Reached!📈Crypto Market Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: The Clarity rally starts now today. We're going to break
• 0:02
  Speaker 1: it down for you a lot of breaking news. We'll
• 0:04
  Speaker 1: get right into it. I do want to think our partner,
• 0:06
  Speaker 1: and that is BTCC, where you guys can get out
• 0:08
  Speaker 1: there and actually make some trades in this market that
• 0:11
  Speaker 1: is beginning to move and you get a ten percent
• 0:15
  Speaker 1: first time deposit bonus, very easy to set up. Just
• 0:17
  Speaker 1: use our link down below. Get some additional bonuses too.
• 0:21
  Speaker 1: There's some discounts on your trades, all sorts of benefits
• 0:23
  Speaker 1: by just using the link that we'll put down there.
• 0:26
  Speaker 1: Let's break into this first tweet here by Eleanor doing
• 0:28
  Speaker 1: a great job on covering this. Per Politico, Tom Taylor
• 0:33
  Speaker 1: is basically saying that they are not going to release
• 0:35
  Speaker 1: out the copy. They don't want to do it too
• 0:38
  Speaker 1: early because they didn't want any land mines, so they're
• 0:40
  Speaker 1: trying to get this into the markup stage. So the
• 0:42
  Speaker 1: point is is that this looks like there is a
• 0:45
  Speaker 1: done deal on Clarity, And when you look at the
• 0:49
  Speaker 1: pictures that I saw on Brad garling House's tweet, I
• 0:53
  Speaker 1: had to wait a minute to make sure that this
• 0:56
  Speaker 1: didn't get community noted for AI and that of course
• 0:59
  Speaker 1: is Haggarty right there. You can kind of see this, guys.
• 1:02
  Speaker 1: This is crazy to see right there, Tim Scott, Patrick Witt,
• 1:06
  Speaker 1: Bernie Moreno. I mean these are the guys who are
• 1:09
  Speaker 1: making the decisions right now on Clarity. And of course
• 1:13
  Speaker 1: what Brad stated was something very very straightforward. It's been
• 1:17
  Speaker 1: a fight worth it after a day in DC, great conversations,
• 1:20
  Speaker 1: but this is the big one. The Clarity Act window
• 1:23
  Speaker 1: is open, so is the straight up Horor moves and
• 1:27
  Speaker 1: he approves this message. So that's a big deal. And
• 1:30
  Speaker 1: I want to go into that and play a clip
• 1:33
  Speaker 1: for you guys, because this clip will go into whether
• 1:35
  Speaker 1: or not Coinbase conceded and did the banks win. Take
• 1:39
  Speaker 1: a look.
• 1:40
  Speaker 2: I can understand the banks being upset with Coinbase and
• 1:44
  Speaker 2: other companies goes.
• 1:45
  Speaker 3: They were forced to accept this, I think.
• 1:48
  Speaker 2: I mean, initially, you.
• 1:49
  Speaker 3: Know, many of the banks are saying, well, no, you know,
• 1:50
  Speaker 3: we're going to get there, but we're not there yet. Yeah.
• 1:53
  Speaker 2: Look, I mean really interestingly, we have actually partnership with
• 1:56
  Speaker 2: some of the biggest banks around the world, including the
• 1:59
  Speaker 2: biggest US banks, because they understand the future is tokenization
• 2:02
  Speaker 2: and stable coins. They're looking for a partner to build with.
• 2:06
  Speaker 2: We're excited to be the partner of the biggest banks.
• 2:08
  Speaker 2: But about ways of funny place, Maria. As you know,
• 2:11
  Speaker 2: there's a kind of an ecosystem of people who spend
• 2:14
  Speaker 2: all their time fighting over things in Congress. I there's
• 2:18
  Speaker 2: a bit of a disconnect with what we see in
• 2:19
  Speaker 2: DC and what we see with their business folks. I
• 2:22
  Speaker 2: think we'll be able to resolve that the banks are
• 2:25
  Speaker 2: critical as a part of this future on chain future.
• 2:27
  Speaker 2: I think there's a lot of opportunities for them. We
• 2:29
  Speaker 2: want to help them get there, and I think we're
• 2:31
  Speaker 2: excited about it.
• 2:32
  Speaker 3: So right now you can pay the legislation as you know,
• 2:36
  Speaker 3: it will be that, Yeah, you can pay rewards if
• 2:39
  Speaker 3: you're part.
• 2:39
  Speaker 4: Of a membership program.
• 2:40
  Speaker 3: Real quickly explain where you're expecting clarity to land.
• 2:44
  Speaker 2: So the law of the land is, if a customer
• 2:46
  Speaker 2: has a balance on our account, we can pay them
• 2:48
  Speaker 2: a reward. The banks have got really concerned about this.
• 2:51
  Speaker 2: They said, no, no, there has to be some activity
• 2:53
  Speaker 2: before you qualify for the reward. We've conceded that point.
• 2:58
  Speaker 2: It's just a matter of how you what the find
• 3:00
  Speaker 2: print looks like. And I think we'll get there.
• 3:02
  Speaker 1: All right, So he said that they had conceded that
• 3:05
  Speaker 1: point of paying rewards, but the fine print is still
• 3:09
  Speaker 1: yet to come. Now, does that mean it's that kind
• 3:11
  Speaker 1: of passive versus active scenario. We'll see because this is
• 3:14
  Speaker 1: getting ready to come down the pipe very quickly. Patrick
• 3:17
  Speaker 1: Witt also says this Democrats, in case you don't know,
• 3:20
  Speaker 1: Patrick Witt, this is basically the guy have ahead of
• 3:23
  Speaker 1: digital assets for the White House. Democrats say that we
• 3:27
  Speaker 1: moved on from their war on crypto man, I would
• 3:30
  Speaker 1: I don't know. Soon we'll find out if they really
• 3:33
  Speaker 1: mean it. And I'm assuming that means we're going to
• 3:35
  Speaker 1: see some votes in there for the sake of America's
• 3:37
  Speaker 1: financial future, let's hope. So I just have to I
• 3:41
  Speaker 1: have to see it. You guys have to prove this
• 3:42
  Speaker 1: to me that that's going to happen before I say
• 3:45
  Speaker 1: we're all in. However, if you follow what some of
• 3:49
  Speaker 1: the people in Congress are doing, you've got Representative Sherry
• 3:53
  Speaker 1: Biggs now just filed a purchase of a quarter of
• 3:55
  Speaker 1: a million dollars in bitcoin. So watch what they do,
• 4:00
  Speaker 1: not what they say. Further into that, you've got this
• 4:04
  Speaker 1: right here, which is where we are going to see
• 4:06
  Speaker 1: more activity with Iran in these deals. This essentially is
• 4:10
  Speaker 1: the US considering a twenty billion dollar cash for uranium agreement,
• 4:13
  Speaker 1: which is basically unlocking an account that they had ranium
• 4:16
  Speaker 1: money to try to get their the situation with their
• 4:20
  Speaker 1: nuclear material away from Iran. All of this is still
• 4:23
  Speaker 1: good news. Kobeec also plays out the conflict playbook, and
• 4:28
  Speaker 1: this is one that if you guys haven't followed it,
• 4:30
  Speaker 1: go to this post right here. You can see it's
• 4:32
  Speaker 1: the one on March third, and it breaks down the
• 4:34
  Speaker 1: ten step guide of what has been happening around the
• 4:38
  Speaker 1: White House, and the tenth and final step is really
• 4:41
  Speaker 1: built into the victory lap and the repricing violent reprising
• 4:45
  Speaker 1: of the market. We've already seen this in oil plunging
• 4:49
  Speaker 1: and now of course the market hitting an all time
• 4:52
  Speaker 1: high and exceeding. Some people are now targeting seventy three
• 4:54
  Speaker 1: hundred for the SP five hundred, so a pretty big
• 4:57
  Speaker 1: deal going forward. Other things that are happening, and you've
• 5:00
  Speaker 1: got Muhammad Lrain saying everything's going to be fine. The
• 5:03
  Speaker 1: statement by the President regarding the Middle East war is
• 5:06
  Speaker 1: a prime example of effective verbal intervention, and this, to
• 5:11
  Speaker 1: me is unique in the sense that we have a
• 5:15
  Speaker 1: lot of the mainstream media now starting to line up
• 5:17
  Speaker 1: with where this current situation is within the Iranian scenario.
• 5:22
  Speaker 1: The strait is now fully open, according to at least
• 5:26
  Speaker 1: through this particular ceasefire. I'm assuming that's going to get
• 5:29
  Speaker 1: negotiated further into it, and I think now we're probably
• 5:33
  Speaker 1: going to start seeing other deals being made in the region,
• 5:36
  Speaker 1: which will of course alleviate a lot of the pressure
• 5:39
  Speaker 1: in the markets. And it's already playing out of course,
• 5:42
  Speaker 1: right now Iran officially reopens a straight There you have it.
• 5:45
  Speaker 1: Their statement in the line with the ceasefire, and in Lebanon,
• 5:48
  Speaker 1: of course was told to or I should say, Israel
• 5:51
  Speaker 1: is toad to by the US absolutely stop all the
• 5:54
  Speaker 1: bombing in Lebanon. That of course got this to the
• 5:56
  Speaker 1: table and things are moving forward. Investors are about to
• 6:00
  Speaker 1: catch the biggest case of amnesia ever. They would go
• 6:03
  Speaker 1: full risk on. This is coming from Anthony Pampliano and
• 6:07
  Speaker 1: forget Iran. Where Iran is on a map? Do you
• 6:10
  Speaker 1: guys think that? Let me know in the comments if
• 6:11
  Speaker 1: you think nope, everybody's risk on. This is where we are.
• 6:14
  Speaker 1: We were white waiting for this. The only last component
• 6:18
  Speaker 1: that moves at least the crypto market is going to
• 6:21
  Speaker 1: be clarity. Let me know down below, and here we go.
• 6:24
  Speaker 1: This is a big deal right there. That shows you
• 6:26
  Speaker 1: the amount of activity in the market right there. And
• 6:29
  Speaker 1: you've got the S and P five hundred up again
• 6:33
  Speaker 1: adding another four hundred and thirty billion, Nasdaq hitting another
• 6:36
  Speaker 1: one hundred and eighty billion, Dow is up one point
• 6:38
  Speaker 1: two one twenty, and you've got oil crashing down to
• 6:42
  Speaker 1: eighty one dollars. That's twelve percent in a single session down,
• 6:46
  Speaker 1: So big news there for financial markets guys. Also, Bitcoin
• 6:50
  Speaker 1: hitting seventy eight K, but it's up eighteen thousand from
• 6:54
  Speaker 1: the February sixth bottom, thirteen thousand from the March thirty
• 6:58
  Speaker 1: first bottom that was seventeen days ago. So look at
• 7:02
  Speaker 1: that and kind of press back a little bit on
• 7:05
  Speaker 1: where we are in this market. CNBC on the US
• 7:09
  Speaker 1: stock market this week is completed one of its fastest
• 7:12
  Speaker 1: turnarounds in thirty six years. This is unbelievable to see
• 7:17
  Speaker 1: this kind of speed. I think the last one we
• 7:18
  Speaker 1: saw was the nineteen eighties, and this is unbelievable. Now
• 7:22
  Speaker 1: the real question is going to be can this sustain
• 7:27
  Speaker 1: or will it potentially see another downturn. I want to
• 7:31
  Speaker 1: play a clip for you. Take a look.
• 7:33
  Speaker 4: I know it's going to sound counter to what other
• 7:37
  Speaker 4: the viewers might think, but I think the stock market
• 7:39
  Speaker 4: is in a better position today than earlier this year
• 7:43
  Speaker 4: when it made it's all time high. So I think
• 7:45
  Speaker 4: stocks can go back to that seventy three hundred, which
• 7:48
  Speaker 4: is our base case for this year in our three
• 7:52
  Speaker 4: phase market, before we might see a larger draw down.
• 7:55
  Speaker 5: That's right.
• 7:56
  Speaker 4: This is the seventh black swan now thrown on investors
• 8:00
  Speaker 4: since twenty twenty. And now we've seen that the US
• 8:04
  Speaker 4: can handle a Middle East catastrophe, you know, one where
• 8:07
  Speaker 4: the Strait is closed and oil's not available. The US
• 8:11
  Speaker 4: economy is still operating while other countries are talking about
• 8:15
  Speaker 4: shutdowns and factories closing.
• 8:18
  Speaker 1: So when you guys caught that right there, what Tom
• 8:20
  Speaker 1: Lee was saying is their base case, a third tier
• 8:23
  Speaker 1: base case to seventy three hundred before you see a
• 8:26
  Speaker 1: larger draw down. So what kind of things And even
• 8:29
  Speaker 1: though he also makes a statement on there that we've
• 8:33
  Speaker 1: seen so many black swans, including a major Middle East crisis,
• 8:37
  Speaker 1: what would be the cause of a drawdown? What could
• 8:40
  Speaker 1: possibly be in the wings for that if that is
• 8:42
  Speaker 1: going to be the case. Okay, So I wanted to
• 8:45
  Speaker 1: go to the chart here to kind of compare what
• 8:47
  Speaker 1: Tom Lee is talking about. If it does go to
• 8:49
  Speaker 1: the seventy three hundred his third tier base case for
• 8:52
  Speaker 1: the S and P five and they get a drawdown
• 8:54
  Speaker 1: back to where we were, this would be a drawdown
• 8:58
  Speaker 1: of about thirteen percent. That would be a significant drop
• 9:01
  Speaker 1: and would have some effect on some markets. So just
• 9:04
  Speaker 1: keep that in mind based on what he was saying there.
• 9:06
  Speaker 1: Understand now, if you look at what risk appetite is
• 9:09
  Speaker 1: doing right here, institutional investors now is skyrocketing and they're
• 9:14
  Speaker 1: purchasing twenty two percent more call options than puts. So
• 9:18
  Speaker 1: this is a big thing. I'm going to see the
• 9:19
  Speaker 1: chart right there in soutional options right now starting to grow.
• 9:23
  Speaker 1: By comparison, during the April twenty twenty five market recovery,
• 9:27
  Speaker 1: the average was around surpassed twenty five percent, So they're
• 9:30
  Speaker 1: piling in very similarly to what they did back then.
• 9:33
  Speaker 1: Last thing I want to hit on right here is Nate.
• 9:35
  Speaker 1: He hits on this, Nate GARROSSI. You guys should follow
• 9:38
  Speaker 1: Nate over on Twitter. He does a really good job
• 9:40
  Speaker 1: with kind of tracking the markets. He's mostly been on ETS,
• 9:44
  Speaker 1: but he does a good job on breaking this down.
• 9:47
  Speaker 1: These are the headlines talking about Goldman Sachs launching ETS,
• 9:50
  Speaker 1: Morgan Stanley, Charles Schwab. Even though Schwab, I will say this,
• 9:53
  Speaker 1: they have not launched crypto trading yet. They've only made
• 9:57
  Speaker 1: it available to inside the company. I think they might
• 10:00
  Speaker 1: be a little bit late on this. They could pick
• 10:02
  Speaker 1: up later in the year, but Schwab, as usual, rolls
• 10:05
  Speaker 1: out a little bit late. But the fact that they
• 10:07
  Speaker 1: are here. Yes, New York Stock Exchange also all in
• 10:10
  Speaker 1: on crypto. I want to go to one more clip.
• 10:12
  Speaker 1: This is coming in from Gareth talking about this market
• 10:16
  Speaker 1: as it is and what to get ready for. Take
• 10:18
  Speaker 1: a look.
• 10:19
  Speaker 3: This was that former high right there. We tagged it
• 10:22
  Speaker 3: a couple days ago right there. We're now pushing through.
• 10:25
  Speaker 3: This should trigger a continued move up if it can
• 10:29
  Speaker 3: hold today to this eighty ish thousand level. Okay, and
• 10:33
  Speaker 3: that's good for the ald coins as well. If we
• 10:35
  Speaker 3: look at the ethereum chart, eth Eth is starting to
• 10:38
  Speaker 3: push up. Look at this nice little bullflag formation on
• 10:41
  Speaker 3: eth Eth has an upside target of around twenty six hundred,
• 10:44
  Speaker 3: maybe even a little bit higher than that. This is
• 10:47
  Speaker 3: your upside target on eth So again, if you look
• 10:50
  Speaker 3: at what assets really haven't participated over the last few
• 10:53
  Speaker 3: months in any sort of rally, it's kind of crypto.
• 10:56
  Speaker 3: It's almost due, and the sentiment is so bearish in
• 10:59
  Speaker 3: crypto that it's bullish. I know that sounds weird to say,
• 11:03
  Speaker 3: but when everyone is lopsided, think about it. Everyone's lopsided
• 11:07
  Speaker 3: on this side. It has no other way to go
• 11:09
  Speaker 3: but go back to this side. And that's the psychology
• 11:12
  Speaker 3: of investing. So I continue to like crypto. Here, folks,
• 11:14
  Speaker 3: now listen. I still think it's going lower later this year,
• 11:17
  Speaker 3: just like I think the stock market will eventually peter
• 11:19
  Speaker 3: out and come down and take out the recent lows
• 11:21
  Speaker 3: that we just saw two weeks ago. Right. That seem
• 11:24
  Speaker 3: to be far away now, but in the near term
• 11:28
  Speaker 3: I'm still bullish there.
• 11:31
  Speaker 1: We got to get Gareth back on the show to
• 11:32
  Speaker 1: talk about that, because I think this is an intriguing
• 11:34
  Speaker 1: angle of it's so bearish, it's actually a bullish signal
• 11:40
  Speaker 1: going forward. Other things that are signals. I actually have
• 11:43
  Speaker 1: one more clip here. This is Rabl Powell talking about
• 11:46
  Speaker 1: where the entire financial system is heading. Take a look.
• 11:51
  Speaker 6: I find it hilarious. What a year and a half,
• 11:52
  Speaker 6: two years ago, people like EITH is dead. I'm like, no, no,
• 11:55
  Speaker 6: the entire banking system will go to ETH. I know
• 11:58
  Speaker 6: how banks work right the moment I left the financial system.
• 12:02
  Speaker 6: I've used nothing but Apple. But when you're in a bank,
• 12:05
  Speaker 6: every single computer is Microsoft. You know they are, you know,
• 12:10
  Speaker 6: because it's really for them about Lindy effects. You know,
• 12:14
  Speaker 6: things that survive, things that you don't get fired for,
• 12:17
  Speaker 6: things that are proven, because nobody wants to lose their jobs.
• 12:20
  Speaker 6: Everything new technology is.
• 12:22
  Speaker 5: I had to learn this and I actually had no
• 12:24
  Speaker 5: idea until I talked to the banks. I was like, oh,
• 12:26
  Speaker 5: I found a customer of decentralization. They just don't know it.
• 12:29
  Speaker 5: You know. They care about out time, they care about resilience,
• 12:31
  Speaker 5: they care about the thing that's been there around for
• 12:32
  Speaker 5: the longest. They care about the thing that no one
• 12:34
  Speaker 5: can turn off. You're just to translate the language to them.
• 12:37
  Speaker 5: And yeah, that no one gets fired for picking Microsoft
• 12:40
  Speaker 5: is very very real and it's in atherience favor.
• 12:43
  Speaker 6: Yeah, that's that's right. And and also just the fact
• 12:45
  Speaker 6: there's so many developers, you know, because if not, it's hard.
• 12:51
  Speaker 1: All right, Well, roll you and I are on the
• 12:53
  Speaker 1: same page. Etheroreum had its busiest quarter in history, processing
• 12:56
  Speaker 1: two hundred million transactions in Q one. This is going
• 13:01
  Speaker 1: to get dwarfed by end of year. You are going
• 13:04
  Speaker 1: to see this at an unbelievable number in terms of
• 13:08
  Speaker 1: overall transactions. I agree with Rollo. I think it's going
• 13:11
  Speaker 1: to be just a matter right now. Everybody's pointing at
• 13:14
  Speaker 1: Bitcoin hitting eddiek first. Eth is lagging at about twenty three,
• 13:19
  Speaker 1: and I think maybe they might be right on this one.
• 13:22
  Speaker 1: Bitcoin probably will get eighty k first, so we'll see
• 13:25
  Speaker 1: how it goes in the markets down below. It's going
• 13:27
  Speaker 1: to be a big week next with Clarity News I
• 13:31
  Speaker 1: and participate. This could start to trigger things. Of course,
• 13:34
  Speaker 1: we always have to be cautious about what's going on
• 13:37
  Speaker 1: in Iran as well, but we're going to continue to
• 13:39
  Speaker 1: cover that, so stay tuned. If you like this video,
• 13:48
  Speaker 1: like and subscribe, drop a comment down below, and also
• 13:51
  Speaker 1: join our free private member group. The link is in
• 13:54
  Speaker 1: the description