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Market Wipeout?📉Space-X Stock Collapses🔥Crypto Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Market adjustment is happening now. A lot of this is
• 0:03
  Speaker 1: according to what's going on with Clarity, we'll break that
• 0:05
  Speaker 1: down for you. But there is some other news that
• 0:07
  Speaker 1: is starting to move on the.
• 0:08
  Speaker 2: Macro side, so let's take a look.
• 0:10
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• 0:39
  Speaker 2: To get started, So check it out. Let's go over
• 0:42
  Speaker 2: and take a quick look at the S and P
• 0:44
  Speaker 2: right now.
• 0:45
  Speaker 1: Somewhat flat on the day, but after a red day
• 0:48
  Speaker 1: yesterday and what looked to be a little bit of
• 0:51
  Speaker 1: a correlation, we saw a little bit of a wipeout
• 0:53
  Speaker 1: within the Chinese market. There is some major adjustments though
• 0:58
  Speaker 1: if you look at some of the ones that I
• 1:00
  Speaker 1: really want to kind of focus on, and that of
• 1:02
  Speaker 1: course would be SpaceX.
• 1:04
  Speaker 2: Let's go over to that one real quick.
• 1:06
  Speaker 1: You guys probably saw the videos that we've covered on this.
• 1:08
  Speaker 1: This is one of the ones that we said pretty
• 1:12
  Speaker 1: much stay away with Tim foot Paul. This is pretty
• 1:14
  Speaker 1: much everybody now underwater in SpaceX right now as we
• 1:19
  Speaker 1: see an adjustment. Here's my thesis though, are we seeing
• 1:23
  Speaker 1: a rotation of capital do and are people getting out
• 1:27
  Speaker 1: of some of these high net or high individual stocks
• 1:31
  Speaker 1: like a SpaceX, like Micron which has been a flyer
• 1:34
  Speaker 1: for the last several weeks, and starting to move into
• 1:37
  Speaker 1: cash positions prepping for other things that could be happening.
• 1:40
  Speaker 1: So just be on the lookout. Remember, guys, we did
• 1:43
  Speaker 1: a video on this right here, which was the Chinese
• 1:47
  Speaker 1: chip maker, and we've already talked about sk Heinex.
• 1:51
  Speaker 2: They of course went public, had a little bit of
• 1:53
  Speaker 2: a move.
• 1:53
  Speaker 1: But the key here is is are we going to
• 1:55
  Speaker 1: see a major move on something like a CXMP And
• 2:00
  Speaker 1: if go back and watch our video on it, we
• 2:02
  Speaker 1: break it down in it's full this is it on
• 2:04
  Speaker 1: hyper liquid.
• 2:05
  Speaker 2: It actually went out on hyper liquid.
• 2:08
  Speaker 1: My theory is that Wall Street might be watching this,
• 2:11
  Speaker 1: so do we start to see some rotation into one
• 2:13
  Speaker 1: of the biggest chip manufacturing facilities out there in terms
• 2:18
  Speaker 1: of going public on the Chinese market. Granted, this will
• 2:21
  Speaker 1: be interesting as the market starts to mature around the
• 2:24
  Speaker 1: semiconductor market. Other things you got to look at, of course,
• 2:28
  Speaker 1: is everything else. One point eight trillion wiped out early
• 2:30
  Speaker 1: this morning. The semiconductor index crashed three percent. So if
• 2:35
  Speaker 1: that is pushing into a bear market territory, I just
• 2:38
  Speaker 1: don't know. Remember this was down twenty four percent from
• 2:41
  Speaker 1: its peak. So I'm not saying going out and buying semiconductors,
• 2:46
  Speaker 1: but is this a dip that if you are consistent
• 2:49
  Speaker 1: on where hyperscalers and a lot of these manufacturing companies,
• 2:53
  Speaker 1: whether it's PCs or devices are going to be using chips,
• 2:57
  Speaker 1: are these companies still possibly in your well wheelhouse in
• 3:00
  Speaker 1: terms of stock picks, global chip stocks already lost more
• 3:04
  Speaker 1: than two trillion of values since June. This is following
• 3:08
  Speaker 1: a massive crash in the Asian markets, which we had
• 3:10
  Speaker 1: already reported on. Japan's and K was down, Taiwan's tay
• 3:14
  Speaker 1: X was down, and then also you have pretty much
• 3:17
  Speaker 1: everything including some of the moonshot projects that we're released.
• 3:21
  Speaker 2: So I don't know.
• 3:22
  Speaker 1: We are in a position right now where things are
• 3:24
  Speaker 1: going to get a little bit unusual, and you have
• 3:27
  Speaker 1: basically two no name senators come in and try to
• 3:32
  Speaker 1: get Lutnik to hold firm on this band.
• 3:36
  Speaker 2: I don't know.
• 3:37
  Speaker 1: Was this just a mismove by Congress or was this
• 3:40
  Speaker 1: a strategic of them just saying, you know, he's not
• 3:43
  Speaker 1: going to do it. He's going to remove the band
• 3:45
  Speaker 1: and start to open this up. I think he will.
• 3:48
  Speaker 1: The Secretary of Commerce is definitely one of those guys
• 3:52
  Speaker 1: that kind of plays both sides.
• 3:53
  Speaker 2: Of the fence.
• 3:54
  Speaker 1: One thing to look at though, right now on clarity,
• 3:57
  Speaker 1: because this starts to put the pressure within the crypto market,
• 4:00
  Speaker 1: is what is going to happen today? Right now They've
• 4:02
  Speaker 1: had the big meeting, it's going on, and still clips
• 4:05
  Speaker 1: are coming out. The real question is how much compromise
• 4:09
  Speaker 1: would potentially be done this meeting of course going literally
• 4:13
  Speaker 1: as we're recording, a revised draft is expected today. We
• 4:17
  Speaker 1: haven't seen anything just yet. I want to play a
• 4:19
  Speaker 1: clip from Kristen Smith.
• 4:21
  Speaker 3: So I give credit to President Trump for entertaining this concept.
• 4:25
  Speaker 3: I know he had a meeting at the White House
• 4:27
  Speaker 3: yesterday to discuss what this provision could look like. And
• 4:31
  Speaker 3: I think this is a president who knows the art
• 4:34
  Speaker 3: of the deal. If we can get the President and
• 4:36
  Speaker 3: the Democrats to agree on this issue, I think that
• 4:40
  Speaker 3: will break the logjam and we will be able to
• 4:42
  Speaker 3: get the votes needed to get this bill through the
• 4:46
  Speaker 3: Senate sometime next week or the following.
• 4:50
  Speaker 1: And Kristin is still on it saying that it looks
• 4:53
  Speaker 1: like sometime next week get the bill through. That means
• 4:56
  Speaker 1: something's coming out today in turn of the verbiage that
• 5:02
  Speaker 1: will come into this act. And I think the key
• 5:06
  Speaker 1: here is still is going to be ethics. I just
• 5:08
  Speaker 1: don't see the Democrats weighing too far away from now.
• 5:11
  Speaker 1: Could they push this down the line in terms of
• 5:15
  Speaker 1: maybe saying, hey, let's get this through, we'll propose something else.
• 5:18
  Speaker 1: Maybe there's something there in the wings, but I just
• 5:21
  Speaker 1: don't know. And when you look at the strategy that
• 5:25
  Speaker 1: has been played out both from the publican side, but
• 5:27
  Speaker 1: I think also from the White House side, I still
• 5:29
  Speaker 1: do not understand moves like this, and that is Trump
• 5:32
  Speaker 1: now planning to sell priority access to truth social posts.
• 5:37
  Speaker 2: In including his own.
• 5:39
  Speaker 1: The way this works true social posts including possibly his own,
• 5:42
  Speaker 1: affecting national security and maybe financial markets. This is going
• 5:46
  Speaker 1: to be called truth PSI, and the new service comes amid
• 5:48
  Speaker 1: a flurry of other deals Trump and his family company
• 5:52
  Speaker 1: that critics are exploiting right now, they're already saying that
• 5:55
  Speaker 1: they're profiting from all these kind of moves.
• 5:57
  Speaker 2: Why drop this right now?
• 5:59
  Speaker 1: What's the of dropping what might be a twenty nine
• 6:03
  Speaker 1: to ninety nine deal out there on.
• 6:06
  Speaker 2: Truth social for early access to this?
• 6:10
  Speaker 1: It just seems like it only solidifies the Democrat's position
• 6:14
  Speaker 1: on the scenario of ethics playing into this. So one
• 6:18
  Speaker 1: of the things that you consider that would change the
• 6:22
  Speaker 1: market dynamic, well, there's two things. One would be if
• 6:25
  Speaker 1: Clarity drops into the market, we get to see the
• 6:28
  Speaker 1: text for the first time really after it's been adjusted.
• 6:31
  Speaker 1: And then at the same time that this is happening today,
• 6:34
  Speaker 1: remember we still need sixty votes coming in on this.
• 6:39
  Speaker 1: At the same time this is happening, we are now
• 6:41
  Speaker 1: seeing more movement into the Middle East, and this includes
• 6:45
  Speaker 1: refueling a lot of this could be advancing the tactics
• 6:49
  Speaker 1: around dealing with Iran. This, of course terrible timing if
• 6:54
  Speaker 1: things get escalated over in the Hormu Strait and with
• 6:57
  Speaker 1: Iran at the same time in which maybe already is happening.
• 7:01
  Speaker 1: Does it get basically covered up with.
• 7:03
  Speaker 2: The new cycle.
• 7:04
  Speaker 1: So watch the news cycles very closely in the next
• 7:07
  Speaker 1: couple of days. This is going to be a big
• 7:09
  Speaker 1: one because if you look at the number, it's bad
• 7:13
  Speaker 1: right now, lowest that we have seen year to date, definitely,
• 7:17
  Speaker 1: and it's pretty much signaling now that it's not going
• 7:20
  Speaker 1: to happen.
• 7:20
  Speaker 2: I think that's the problem. Let's move over to a.
• 7:22
  Speaker 1: Bitcoin because bitcoin ETFs right now could mirror history here
• 7:26
  Speaker 1: around a comparison to gold. This came in from Balshunis,
• 7:31
  Speaker 1: who is a crypto and ETF analyst over at Bloomberg,
• 7:35
  Speaker 1: and he said there's a spiritual parallel here between gold
• 7:38
  Speaker 1: and I bit, the biggest bitcoin ETF pinpointing how gold
• 7:42
  Speaker 1: swored twenty eleven. It's spent eight years in the doldrums.
• 7:46
  Speaker 1: Now I don't think he's saying that, but what he's
• 7:48
  Speaker 1: getting at is he said that while gold funds suffered
• 7:51
  Speaker 1: years of week or demand, each cycle had an increase
• 7:55
  Speaker 1: is a high water markt So what that tells me
• 7:58
  Speaker 1: is that we could see stabilization and does it and
• 8:02
  Speaker 1: is it in a position where bitcoin and gold are
• 8:04
  Speaker 1: being looked at in the same lens by investors. What
• 8:08
  Speaker 1: do you guys think, are you looking at bitcoin completely
• 8:11
  Speaker 1: different than precious metals?
• 8:12
  Speaker 2: Let me go down below and would you buy.
• 8:15
  Speaker 1: Direct access or would you go out and buy an
• 8:17
  Speaker 1: ETF Let's go over to Stretch.
• 8:19
  Speaker 2: What's going on right now?
• 8:21
  Speaker 1: Michael Saylor put this out which was last call on
• 8:24
  Speaker 1: dividend day, and I don't know why he did this
• 8:27
  Speaker 1: because when you look at Stretch and where this is
• 8:30
  Speaker 1: right now, this is dividend day and you had that
• 8:33
  Speaker 1: dump immediately. What if you are an investor and you
• 8:37
  Speaker 1: decide to jump in on Stretch and on the day
• 8:41
  Speaker 1: that you go in of which they are promoting, and
• 8:44
  Speaker 1: you get a down day. In fact, you're still down
• 8:47
  Speaker 1: because it's only trading at eighty six ten where it
• 8:50
  Speaker 1: opened yesterday at eighty seven. So I don't know if
• 8:53
  Speaker 1: Michael Saylor can do this too much more because we
• 8:56
  Speaker 1: would start to see less and less interest in the market.
• 9:01
  Speaker 1: I want to also focus on this right here for
• 9:03
  Speaker 1: Bitcoin because Bitcoin ten is still on the deck twenty
• 9:08
  Speaker 1: two days away. Essentially, this means a potential fork with
• 9:12
  Speaker 1: Bitcoin with two completely separate camps. Michael Saylor kind of
• 9:16
  Speaker 1: hits it right here. There are one hundred and ten
• 9:18
  Speaker 1: things more dangerous to bitcoin than spam. Bitcoin ten turns
• 9:22
  Speaker 1: spam dispute into a consensus change that would invalidate some
• 9:26
  Speaker 1: currently valid fee paying transactions. That precedent is the danger.
• 9:32
  Speaker 1: We should save our energy for threats that really matter.
• 9:35
  Speaker 2: That, of course, is.
• 9:36
  Speaker 1: Going directly at what Adam Beck was referencing there in
• 9:40
  Speaker 1: terms of the filter fork topic. This simply means Bitcoin's
• 9:44
  Speaker 1: going to have potentially two places, and which one is
• 9:47
  Speaker 1: the real bitcoin could come into question as we go forward.
• 9:51
  Speaker 1: All right, so let's take a look at one other
• 9:54
  Speaker 1: clip here. This gets into is bitcoin finally getting mainstream?
• 10:00
  Speaker 1: Because Schwab kind of said something here that was intriguing.
• 10:04
  Speaker 2: Take a look.
• 10:06
  Speaker 4: We've been focusing on bit one ten in early August.
• 10:09
  Speaker 4: The risk is if some participants on the network accept
• 10:14
  Speaker 4: it while others don't, it could create some temporarily temporary
• 10:19
  Speaker 4: volatility with the different areas of the network determining how
• 10:24
  Speaker 4: to treat it. Currently, less than one percent of minors
• 10:27
  Speaker 4: are signaling support. But again, just because minors signals support
• 10:31
  Speaker 4: for something or they don't different nodes or users on
• 10:35
  Speaker 4: the blockchain could still choose to adopt it, and so
• 10:39
  Speaker 4: again we think there's a low probability that it comes
• 10:42
  Speaker 4: to be, but we're flagging it as a potential source
• 10:46
  Speaker 4: of volatility in August seventh when it goes live if
• 10:50
  Speaker 4: there is contention across the broad or blockchain. You know,
• 10:55
  Speaker 4: our job is to be aware of all potential risks,
• 10:57
  Speaker 4: and so it is something that could potentially creates volatility.
• 11:02
  Speaker 2: All right, So that is Schwab talking about bit one ten.
• 11:06
  Speaker 2: So it's clear.
• 11:07
  Speaker 1: That even Wall Street is aware of what's going on
• 11:10
  Speaker 1: and they're saying the risk is evident. Obviously we'll see
• 11:13
  Speaker 1: this risk up to August seventh, when we see this
• 11:16
  Speaker 1: situation resolved hopefully. Also, I want to go into the
• 11:21
  Speaker 1: scenario of when you look at the two narratives between
• 11:25
  Speaker 1: bitcoin and crypto in general, you either have fundamentals or
• 11:29
  Speaker 1: just belief, you know thesis. Many people are in the
• 11:33
  Speaker 1: old camp of belief. Only some people are in the
• 11:35
  Speaker 1: new camp on you know, traditional finance that are like, no,
• 11:39
  Speaker 1: it's the fundamentals.
• 11:40
  Speaker 2: Listen to what Jordy Visser had to say about this.
• 11:43
  Speaker 5: Bitcoin is a narrative that will always be a narrative.
• 11:46
  Speaker 5: It's something that the world believes in. It has been chosen,
• 11:48
  Speaker 5: It has a mote because belief is harder than fundamentals.
• 11:52
  Speaker 5: Fundamentals come and go. It has survived many many bear markets,
• 11:55
  Speaker 5: so it is in the stage of a long term acceptance.
• 12:01
  Speaker 5: The problem is it needs money. And like I said,
• 12:04
  Speaker 5: if you've got the opportunity to invest in things that
• 12:07
  Speaker 5: have five baggers and ten baggers and there's dollars flowing
• 12:10
  Speaker 5: behind them and fundamentals behind them, and then you think
• 12:13
  Speaker 5: about all of the money managed in the world, it's
• 12:16
  Speaker 5: by human beings still at this point that are in
• 12:20
  Speaker 5: the traditional finance world, and it's doing well. So I
• 12:24
  Speaker 5: think the one thing people should take out is that
• 12:27
  Speaker 5: every single thing you mentioned, whether it's energy, commodities, sand
• 12:31
  Speaker 5: disk I mentioned, micron I mentioned Intel, they have one
• 12:35
  Speaker 5: very common thread to bitcoin, which is those are all
• 12:39
  Speaker 5: scarce assets. All of them right now have shortages, they
• 12:42
  Speaker 5: have bottlenecks.
• 12:45
  Speaker 2: All right.
• 12:46
  Speaker 1: So what he's getting at there is fundamentals components compared
• 12:51
  Speaker 1: to what's happening in some cases in the market around
• 12:54
  Speaker 1: just belief. And I think you look at his track record,
• 12:57
  Speaker 1: which really is nailing down the semiconductor industry. Narrowing that
• 13:01
  Speaker 1: into what's bitcoin analysis is kind of an interesting perspective. However,
• 13:07
  Speaker 1: the question will be is how does bitcoin perform through
• 13:10
  Speaker 1: the macro pressure that we're seeing now coming in from
• 13:12
  Speaker 1: the Middle East. What you're seeing right now with potentially
• 13:15
  Speaker 1: next week on the FED, which most likely will hold rates.
• 13:19
  Speaker 1: But you've got ted kind of hitting on it right here.
• 13:21
  Speaker 1: All bitcoin needs now is one final capitulation and then
• 13:25
  Speaker 1: the multi year uptrend would start. So are we near
• 13:29
  Speaker 1: that is the question when you think about bitcoin in general.
• 13:33
  Speaker 2: And where we are today.
• 13:35
  Speaker 1: That is I think the question, even though I've talked
• 13:37
  Speaker 1: to several analysts here recently, are still very positive that
• 13:40
  Speaker 1: this has an opportunity to go up from here. Could
• 13:43
  Speaker 1: we see that retracement right now? I think that is
• 13:47
  Speaker 1: what everybody's looking at. Ethereum institutional hits on this right here.
• 13:51
  Speaker 1: SBI chose Ethereum to hold or issue at stable coin
• 13:54
  Speaker 1: built with Startel Group.
• 13:55
  Speaker 2: We talked about this the other day.
• 13:57
  Speaker 1: If you didn't see our Japanese video in reference to
• 13:59
  Speaker 1: what Japan is doing strategically. This is a big one
• 14:02
  Speaker 1: because g WISC is Japan's first yen stable coin. This
• 14:06
  Speaker 1: will be issued by SBI. This is a bank, one
• 14:09
  Speaker 1: of the largest financial institutions there. Why it matters is true,
• 14:12
  Speaker 1: and that is SBI Big Group seventy eight million customers,
• 14:15
  Speaker 1: so they've got major distribution and they're holding a ridiculous
• 14:20
  Speaker 1: amount of money and securities in terms of assets under management.
• 14:24
  Speaker 1: When you have that happening and you have all of
• 14:27
  Speaker 1: this setting in on ethereum, think about that, guys. This
• 14:31
  Speaker 1: is one of the major economic centers in the world,
• 14:35
  Speaker 1: and that is what is happening in Japan right now.
• 14:38
  Speaker 1: Go back and watch our two videos on that pretty big.
• 14:41
  Speaker 1: I want to end with this clip right here, and
• 14:43
  Speaker 1: this is from Tom Lee breaking down ethereum two point
• 14:47
  Speaker 1: zero and where wealth will be generated from in the future.
• 14:51
  Speaker 2: Take a look.
• 14:51
  Speaker 6: I believe in the next few years there's going to
• 14:53
  Speaker 6: be something that people talk about called the uncanny Valley
• 14:56
  Speaker 6: of wealth. And let me explain. But at some point
• 14:58
  Speaker 6: AI could actually be wealthier than us. Yes, I'm saying
• 15:03
  Speaker 6: in the future, there could be a date and may
• 15:05
  Speaker 6: not be a fa away that your agent produces more
• 15:08
  Speaker 6: income than you personally produce. I think at that point
• 15:13
  Speaker 6: you're going to wonder if you work for AI. Let
• 15:16
  Speaker 6: me explain, and that's why Mark Dreesen of A sixteen
• 15:19
  Speaker 6: Z said that the green unification is of AI and crypto.
• 15:25
  Speaker 6: AI agents are going to need money, and so we'd
• 15:29
  Speaker 6: argue that blockchain is the barrier between humans and AI.
• 15:34
  Speaker 1: All right, So think about that, guys, in the sense
• 15:37
  Speaker 1: of how agents will be utilized.
• 15:39
  Speaker 2: Now.
• 15:39
  Speaker 1: Granted, right now it's a very early stage in terms
• 15:43
  Speaker 1: of allowing agents to go out and do trades for you,
• 15:46
  Speaker 1: but the likelihood of them being able to go in
• 15:49
  Speaker 1: and understand what's happening in stocks like let's say Netflix.
• 15:53
  Speaker 1: Netflix of course came out with a Q two revenue
• 15:56
  Speaker 1: thirteen percent. This rose twelve point five million, but it
• 16:00
  Speaker 1: fell short of their target. That was the problem, and
• 16:03
  Speaker 1: the market punished them for it. So that's my point
• 16:07
  Speaker 1: is AI could potentially be out there making trades around
• 16:11
  Speaker 1: these kinds of moves that you and I can't necessarily catch,
• 16:15
  Speaker 1: possibly even forecasting some of these scenarios. So this will
• 16:18
  Speaker 1: be an interesting dichotomy of how this starts to play
• 16:23
  Speaker 1: out for investing strategy. But more importantly, I think it's
• 16:27
  Speaker 1: going to be whether or not you'll trust it. So
• 16:30
  Speaker 1: let me know if you guys will down in the comments.
• 16:39
  Speaker 1: If you like this video, hit like and subscribe, drop
• 16:41
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• 16:44
  Speaker 1: member group.
• 16:45
  Speaker 2: The link is in the description.