Latest / The Paul Barron Crypto Show / Fed Rate Cut Reaction📉Crypto Market Update🚨

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Fed Rate Cut Reaction📉Crypto Market Update🚨 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Let's jump into crypto's reaction to the FED meeting yesterday.
• 0:03
  Speaker 1: We'll break it down for you. It's going to be
• 0:04
  Speaker 1: a good one. Let's just jump right in. I do
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• 0:42
  Speaker 1: Let's get into the points going on the FED yesterday.
• 0:45
  Speaker 1: One of the things I think that everybody's looking at
• 0:48
  Speaker 1: is what did you think of the meeting? We did
• 0:51
  Speaker 1: this poll this morning. Did your own pals remarks at
• 0:54
  Speaker 1: the meeting have a devish or hawkish tone? Right now
• 0:56
  Speaker 1: people are saying neutral at forty three percent, leuvish at
• 1:00
  Speaker 1: thirty five so it is a little bit of a
• 1:02
  Speaker 1: battle there with almost eighty percent coming in dubbish or neutral,
• 1:08
  Speaker 1: and I was a little bit more on the dubbish side.
• 1:11
  Speaker 1: I think I still am a little bit on the
• 1:13
  Speaker 1: dutish side in the sense of it was anticipated to
• 1:17
  Speaker 1: be hawkish. So that alone made this a much different
• 1:21
  Speaker 1: meeting than what we were looking at. The other thing
• 1:24
  Speaker 1: that is happening is that the S and P five
• 1:26
  Speaker 1: hundred surged sixty nine hundred for the first time since
• 1:29
  Speaker 1: October twenty ninth, but Crypto is lagging.
• 1:33
  Speaker 2: What's the reason?
• 1:33
  Speaker 1: Everybody thinks that it is the four year cycle fud
• 1:37
  Speaker 1: that's happening right now.
• 1:39
  Speaker 2: I think we are.
• 1:41
  Speaker 1: More in regulation danger and maybe the smart investors realize it.
• 1:46
  Speaker 1: And what I'm talking about, what's going on with the
• 1:49
  Speaker 1: Clarity Act.
• 1:49
  Speaker 2: We'll talk about that.
• 1:50
  Speaker 1: We're going to do a full video breaking down on that,
• 1:53
  Speaker 1: So make sure and subscribe to the show because when
• 1:56
  Speaker 1: we do that video, you want to watch it. It
• 1:58
  Speaker 1: is a breakdown of what's happening in the Clarity Act,
• 2:01
  Speaker 1: who's responsible for all this changes, what's going on that
• 2:05
  Speaker 1: could really impact DeFi and also much more so, we're
• 2:09
  Speaker 1: gonna talk a little a little bit about it today,
• 2:10
  Speaker 1: but it's a big deal going forward. Other things I
• 2:14
  Speaker 1: want to hit on, of course, is do people still
• 2:16
  Speaker 1: believe in the Santa rally now? Most of the time
• 2:19
  Speaker 1: on these FED meetings you get a little bit of
• 2:21
  Speaker 1: a lot down, the market kind of recoils, which is
• 2:23
  Speaker 1: kind of where we are right now the day after
• 2:25
  Speaker 1: the FED meeting. But we are going into the end
• 2:29
  Speaker 1: of year and this might be a scenario where you
• 2:31
  Speaker 1: do get a Santa rally. Now, could we be setting
• 2:34
  Speaker 1: up for a run end of December? Many people right
• 2:39
  Speaker 1: now still believe that it's possible.
• 2:41
  Speaker 3: Is it?
• 2:42
  Speaker 2: Maybe? I think, but I think.
• 2:44
  Speaker 1: The odds are lowering fast, especially with every day passing.
• 2:49
  Speaker 1: Now with bitcoin trading in at right at ninety k
• 2:52
  Speaker 1: as we're recording this, Let's take a look at Fear
• 2:55
  Speaker 1: and Greed right now, holding at twenty nine, which is
• 2:58
  Speaker 1: interesting for it to be that high right there. It's
• 3:02
  Speaker 1: up quite a bit from where it was just on
• 3:04
  Speaker 1: the twenty second of November at ten. That was the
• 3:08
  Speaker 1: lowest side've ever seen at ten and now it's almost
• 3:11
  Speaker 1: three x of that trading in at twenty nine on
• 3:14
  Speaker 1: the Fear and Greed. So are you guys still in
• 3:17
  Speaker 1: a position where you feel that this is a long
• 3:20
  Speaker 1: term play. Have you started to lock up your tokens
• 3:23
  Speaker 1: into self custody because you're getting ready for a bear market?
• 3:27
  Speaker 1: What of the ways you're playing the market right now?
• 3:31
  Speaker 1: Let me know down in the comments. Other things I
• 3:33
  Speaker 1: want to hit on, of course, is silver Man. Silver
• 3:36
  Speaker 1: is now one of the world's top five assets. This
• 3:38
  Speaker 1: overtakes Microsoft. So this is unbelievable. As we continue to
• 3:43
  Speaker 1: see silver, and you know that we've been reporting on
• 3:46
  Speaker 1: it probably for the last three months, as we started
• 3:48
  Speaker 1: to see the indicators that were signaling that silver could
• 3:51
  Speaker 1: see a breakout.
• 3:53
  Speaker 2: It hit at record high sixty.
• 3:55
  Speaker 1: Three, reaching three point five to nine trillion dollar market cap.
• 3:59
  Speaker 1: The metal is now up hundred fifty percent since early
• 4:02
  Speaker 1: twenty four and closing in on Alphabet's valuation, which is
• 4:08
  Speaker 1: crazy for this to be doing, because this is kind
• 4:11
  Speaker 1: of one of those boomer assets out there and it's
• 4:13
  Speaker 1: been in the market for a long time. Does it
• 4:15
  Speaker 1: finally get its legs under it like gold has, and
• 4:19
  Speaker 1: do we continue to see it because a lot of
• 4:21
  Speaker 1: central banks starting to collect gold, continuing to push into
• 4:25
  Speaker 1: these precious metals. Now the question yesterday that everybody asked,
• 4:29
  Speaker 1: is was the quarter basis point enough? Was it enough
• 4:34
  Speaker 1: to recorrect the market in the labor side of things.
• 4:37
  Speaker 1: It would not necessarily be the case if we're trying
• 4:40
  Speaker 1: to control inflation. Here is a clip that kind of
• 4:43
  Speaker 1: says maybe we should have got a fifty but not really.
• 4:46
  Speaker 2: Take a look.
• 4:48
  Speaker 4: Does that mean you'd like to see the Fed cut
• 4:50
  Speaker 4: interest rates even faster? You agree with the President and
• 4:53
  Speaker 4: Stephen Myron that they should have cut fifty basis points yesterday?
• 4:56
  Speaker 4: You know, I actually I keep looking at this as
• 5:00
  Speaker 4: why don't they? And the answer is Donald Trump. He's
• 5:04
  Speaker 4: the one who has caused so much chaos with the
• 5:07
  Speaker 4: tariffs that the FED has said we can't. In fact,
• 5:10
  Speaker 4: Jerome pal said in July they would have started cutting
• 5:14
  Speaker 4: interest rates substantially back in March. Only the presidents work
• 5:22
  Speaker 4: on the tariffs, and the kind of economic chaos he
• 5:27
  Speaker 4: was causing had caused them to delay and to delay
• 5:30
  Speaker 4: and to delay. And another way to understand that is
• 5:34
  Speaker 4: what the President's been doing on tariffs is not just
• 5:37
  Speaker 4: a tax in the sense of driving prices up. It's
• 5:40
  Speaker 4: a tax in the sense of keeping interest rates higher
• 5:44
  Speaker 4: than they otherwise would be. But of course that goes
• 5:47
  Speaker 4: to the other question you asked, and that is about
• 5:49
  Speaker 4: the independence of the FED that you rightly point out.
• 5:54
  Speaker 4: I have had no problem criticizing Jerome Powell when I
• 5:57
  Speaker 4: think he's wrong, and I thought he's been rawing a lot,
• 6:01
  Speaker 4: But I think it's important to have an independent FED,
• 6:06
  Speaker 4: and that's something that's shared on both sides of the Aisle.
• 6:09
  Speaker 4: Republicans and Democrats have said that.
• 6:13
  Speaker 1: All right, So of course that's Senator Warren talking about that.
• 6:15
  Speaker 1: Interestingly enough, the point that it is rolling into is inflation.
• 6:21
  Speaker 1: Her position is that being caused by Trump's administration and
• 6:24
  Speaker 1: their policy around tariffs. You look at what Nick Timro said,
• 6:28
  Speaker 1: who's one of the reporters there from Wall Street that
• 6:30
  Speaker 1: was in the meeting yesterday. Powell delivered appointed message to
• 6:34
  Speaker 1: Trump and his own successor, which is basically, low rates
• 6:39
  Speaker 1: isn't necessarily going to be as painless as you think.
• 6:41
  Speaker 1: The biggest issue in terms of this, in terms of
• 6:44
  Speaker 1: a path at least, is wait for evidence that inflation
• 6:47
  Speaker 1: is coming down, which will take a bit at minimum
• 6:50
  Speaker 1: if it does in fact coming down, which apparently this
• 6:52
  Speaker 1: FED believes that there is a direction that it could
• 6:55
  Speaker 1: be and then also arising evidence that the labor market
• 6:58
  Speaker 1: is falling very very ill. That's the concern that I
• 7:02
  Speaker 1: have is that I believe that the labor market is
• 7:05
  Speaker 1: already very ill, and that the continuation of these stalwarth
• 7:10
  Speaker 1: rates is putting more pressure on the labor market that
• 7:14
  Speaker 1: is unseen yet, meaning all of this is really doing
• 7:17
  Speaker 1: damage to the US businesses. Going over the next two quarters,
• 7:22
  Speaker 1: I think we will find out come end of Q
• 7:25
  Speaker 1: one that labor is in deep and dire straits and
• 7:29
  Speaker 1: that we again are behind the eight ball on being
• 7:32
  Speaker 1: able to control it. And that's when you get into
• 7:35
  Speaker 1: a free fall. A major chain and composition of who
• 7:38
  Speaker 1: sits around the fed's conference room table. That's the big deal,
• 7:41
  Speaker 1: and it's going to happen. We're going to see a
• 7:43
  Speaker 1: major change.
• 7:44
  Speaker 2: Now. Hasset's been the leader.
• 7:45
  Speaker 1: But though we have seen indicators that maybe Trump is
• 7:48
  Speaker 1: still shopping for a FED chair, it'll be interesting.
• 7:52
  Speaker 2: To see who the actual FED chair is going to be.
• 7:54
  Speaker 2: Here's Charlie Billelo.
• 7:56
  Speaker 1: He hits on a couple of points, and that is
• 7:57
  Speaker 1: Hong Kong's cutting six cut in this cycle.
• 8:01
  Speaker 2: Saudi Arabia cut. This is six cut in their cycle.
• 8:04
  Speaker 1: I wouldn't even compare Turkey because their interest rates are
• 8:07
  Speaker 1: so high. But the point being is that people are
• 8:09
  Speaker 1: cutting outside of Japan, and that I think is a
• 8:12
  Speaker 1: whole different angle. But the point is we are seeing
• 8:15
  Speaker 1: global macro economics play out. The FED is not playing
• 8:18
  Speaker 1: ball right now with what has been a little bit
• 8:21
  Speaker 1: of a tight rope going forward. I think it is
• 8:24
  Speaker 1: putting a lot of pressure on Bitcoin and digital assets
• 8:27
  Speaker 1: in general. The resemblance between bitcoin current cycle and the
• 8:30
  Speaker 1: last cycle kind of interesting here. If it plays out,
• 8:34
  Speaker 1: this could mean a pump to one hundred k and
• 8:36
  Speaker 1: then a dump around fifty or season around seventy. But
• 8:39
  Speaker 1: I hear analysts now saying that they could see a
• 8:42
  Speaker 1: forty thousand dollars bitcoin still, So is that going to
• 8:45
  Speaker 1: be the case with bitcoin?
• 8:47
  Speaker 2: Are we in that position right now?
• 8:49
  Speaker 1: Do you think this is similar to what we saw
• 8:51
  Speaker 1: in previous cycles? If so, let me know your thesis
• 8:54
  Speaker 1: down below. If you think this is the way you're
• 8:55
  Speaker 1: playing it. Are you waiting for an entry based on
• 8:59
  Speaker 1: a potential entry of QE, Well, some of that can happen.
• 9:04
  Speaker 1: Lyn Alden basically said this pal suggests twenty to twenty
• 9:07
  Speaker 1: five billion in the monthly balance sheet for expansion standard baseline,
• 9:12
  Speaker 1: but they're doing a forty billion currently to deal with
• 9:15
  Speaker 1: the liquidity issues. And this is an issue that we've
• 9:17
  Speaker 1: talked about here on this show over the past few weeks,
• 9:20
  Speaker 1: as there has been liquidity pains, but it's mostly been
• 9:24
  Speaker 1: dealing with massaging the data around enough expansion in the
• 9:28
  Speaker 1: balance sheet. It's not necessarily QE at full It's kind
• 9:32
  Speaker 1: of a trickle of QE that started to play into
• 9:36
  Speaker 1: this milk road has everyone's confused about whether the Fed's
• 9:39
  Speaker 1: forty billion purchase of treasury bills is que or not.
• 9:44
  Speaker 1: Technically it is, but extremely slow QE. To the point
• 9:47
  Speaker 1: that I'm getting at, When the FEDS buys t bills,
• 9:49
  Speaker 1: it adds short term liquidity into the system and acts
• 9:52
  Speaker 1: to slow QE.
• 9:54
  Speaker 2: So that is the point.
• 9:55
  Speaker 1: But real q is when they buy the treasury coupons instead,
• 9:58
  Speaker 1: and that's when I think you'd see the trigger start
• 10:01
  Speaker 1: to take forward where the market would respond. Maybe now
• 10:05
  Speaker 1: there are a lot of people out there that maybe
• 10:08
  Speaker 1: think this actually is the beginning.
• 10:10
  Speaker 2: Listen to this clip.
• 10:12
  Speaker 5: The narrative in real time, and I was kind of
• 10:14
  Speaker 5: following the coverage in real time was that this is,
• 10:16
  Speaker 5: you know, definitely good for stocks. Into your end, it
• 10:19
  Speaker 5: wasn't as hawkish as it could have been, and they're
• 10:22
  Speaker 5: buying treasury bills, so this was seen as generally positive
• 10:24
  Speaker 5: the stock market. The price action today has been a
• 10:27
  Speaker 5: bit more negative. Now. It could be just a little
• 10:29
  Speaker 5: bit more of you know, by the rumor sell the
• 10:31
  Speaker 5: fact event. But I think also people are realizing that,
• 10:35
  Speaker 5: you know what, we just don't have any certainty on
• 10:38
  Speaker 5: policy next year, and I think that's maybe kind of gone. Hey,
• 10:41
  Speaker 5: with no certainty, we're going to a lower liquidity time
• 10:44
  Speaker 5: of year.
• 10:45
  Speaker 2: It's been a great year.
• 10:46
  Speaker 5: Maybe it's just time to take some money off the table.
• 10:48
  Speaker 2: I think that explains some of the price action today.
• 10:50
  Speaker 3: Forty billion and this sounds awfully like que to me.
• 10:53
  Speaker 3: And the market reaction, the market function, sort of reaction
• 10:56
  Speaker 3: function over the last few years has been CQE equals
• 11:01
  Speaker 3: equidity by risk assets.
• 11:04
  Speaker 2: Isn't that?
• 11:04
  Speaker 3: Isn't that all you need to know coming out of yesterday.
• 11:07
  Speaker 5: I think you're a right guy in terms. That's the
• 11:09
  Speaker 5: most important takeaway from yesterday. And look, as we've talked
• 11:13
  Speaker 5: about a lot in the show, I think that stock
• 11:15
  Speaker 5: markets go a chunk higher again in twenty twenty six.
• 11:17
  Speaker 5: I think the backdrop is growth that's staying relatively resilient
• 11:21
  Speaker 5: and exceptionally supportive, central bank from the FED, We're getting
• 11:25
  Speaker 5: fiscal stimulus generally around the world, and you know, we've
• 11:28
  Speaker 5: got an administration that's trying to reduce asset prices, and
• 11:31
  Speaker 5: the AI bubble is still in the inflation stage. So
• 11:34
  Speaker 5: I think stock markets go a lot higher. I understand though,
• 11:37
  Speaker 5: why investors aren't playing that in the immediate basis, and
• 11:40
  Speaker 5: are a main in the camp that even though I'm
• 11:42
  Speaker 5: kind of structurally quite bullished next year, I think your
• 11:44
  Speaker 5: remains difficult this side of Christmas. I'm not bearish, but
• 11:48
  Speaker 5: I just don't think this is the time to get
• 11:49
  Speaker 5: on board the bullesh trade just yet.
• 11:52
  Speaker 1: All right, So you've got one angle of it around
• 11:56
  Speaker 1: this might be QEAN if you are going into that
• 11:59
  Speaker 1: like the NALYS, Yeah, you'd buy risk assets, all right.
• 12:02
  Speaker 1: So when you look at that clip, you kind of wonder,
• 12:04
  Speaker 1: all right, well, this might be QE and are these
• 12:07
  Speaker 1: the triggers that start making the market move well. Steve
• 12:10
  Speaker 1: Eisman has a different opinion on that. If you don't
• 12:13
  Speaker 1: know who David Eisman is basically one of the early
• 12:15
  Speaker 1: traders in the two thousand and eight debt crisis that
• 12:18
  Speaker 1: we saw with the savings alone and also forecasted that
• 12:21
  Speaker 1: similar to what was going on with Michael Burry. So
• 12:24
  Speaker 1: he's not necessarily a guy that hasn't been around the
• 12:26
  Speaker 1: block and understand this, But listen what he had to
• 12:28
  Speaker 1: say about the FED.
• 12:29
  Speaker 2: Take a look.
• 12:30
  Speaker 6: The only time the Fed really matters is when it's
• 12:34
  Speaker 6: being very aggressive at cutting rates, are very aggressive at
• 12:37
  Speaker 6: raising rates. If it's just tinkering around the edges, which
• 12:40
  Speaker 6: is what it's clearly doing, it's irrelevant.
• 12:43
  Speaker 1: Well, Lastman made the argument this morning that what they're
• 12:46
  Speaker 1: doing with the balance sheet might be a little more.
• 12:48
  Speaker 6: Important on the margin, But you know, is what they're
• 12:53
  Speaker 6: doing right now going to make you buypalenteer or not buypalenteer.
• 12:56
  Speaker 6: It has no impact. Thing that is by far the
• 12:59
  Speaker 6: most important is the whole debate around AI.
• 13:02
  Speaker 2: Is it a bubble? Is it not a bubble?
• 13:04
  Speaker 6: I think the debate that's going on X right now
• 13:08
  Speaker 6: is actually much more important because it's much more foundational.
• 13:12
  Speaker 6: The large L models, as they keep scaling, which is
• 13:15
  Speaker 6: the model that everybody has, will start to lose their efficaciousness.
• 13:19
  Speaker 6: In other words, the improvement is going to will slow
• 13:23
  Speaker 6: as opposed to as opposed to increase. So then chat
• 13:26
  Speaker 6: GPT five comes out, and the immediate reaction by all
• 13:31
  Speaker 6: these people who know a hell of a lot more
• 13:33
  Speaker 6: than me is that the improvement in chat GPT five
• 13:36
  Speaker 6: is a hell of a lot less over four than
• 13:38
  Speaker 6: four was over three. Not my area of expertise, but
• 13:41
  Speaker 6: I can notice trends in argument, and then a lot
• 13:45
  Speaker 6: of other people are starting to say the same thing.
• 13:47
  Speaker 6: Now I'm not here to panic people, but if this argument,
• 13:52
  Speaker 6: the Gary Marcus argument, is right, you're going to start
• 13:56
  Speaker 6: to see more and more people start to say this,
• 13:59
  Speaker 6: and then at some point, you know, companies like Microsoft,
• 14:03
  Speaker 6: if this becomes true, they're going to start buying fewer chips.
• 14:07
  Speaker 6: It's like the foundational argument before the Great Financial Crisis,
• 14:11
  Speaker 6: where I eventually figured out that the entire mortgage fixed
• 14:15
  Speaker 6: income market rest had rested on one assumption, which was
• 14:21
  Speaker 6: housing prices can't go down, and once that assumption that
• 14:25
  Speaker 6: pulled out, the whole edifice collapsed.
• 14:29
  Speaker 3: Do people have any idea what they are buying?
• 14:33
  Speaker 5: Hey, there's a bubble, how do you know? Mark? You sure, Yeah,
• 14:39
  Speaker 5: it's time to call bullshit bullshit on what.
• 14:42
  Speaker 1: All Right, So that was a big short clip there
• 14:45
  Speaker 1: just kind of give you a framework. But I don't
• 14:47
  Speaker 1: necessarily agree with Eiaman. And there's a couple of things
• 14:50
  Speaker 1: that play into this on the tech side of things,
• 14:53
  Speaker 1: and that is this. First of all, the open Ai
• 14:56
  Speaker 1: argument is that they haven't been doing marked improvement.
• 14:59
  Speaker 2: Granted would agree that.
• 15:00
  Speaker 1: That has not happened, but I would say this that
• 15:02
  Speaker 1: right now OPAI might actually have the worst business case model.
• 15:07
  Speaker 1: And what I'm getting at is there's a lot of
• 15:09
  Speaker 1: large lms out there, and there's going to be some
• 15:12
  Speaker 1: winners and some lutions. I think that maybe Open Eye
• 15:14
  Speaker 1: might actually fall on the sword because they were the
• 15:17
  Speaker 1: early mover that started the progress. The advancements that we've
• 15:20
  Speaker 1: seen obviously with Alphabet and Gemini, that's the ones to watch.
• 15:24
  Speaker 1: You're also watching what's going on with Claude Perplexity obviously Anthropic.
• 15:29
  Speaker 1: All of that starts to change things dramatically. The other
• 15:32
  Speaker 1: thing that he said that again I would disagree because
• 15:35
  Speaker 1: there this can happen on X, which is an unusual
• 15:39
  Speaker 1: phenomenon that's happening right now in crypto investing and in
• 15:42
  Speaker 1: investing in general, and that is that you can manifest
• 15:45
  Speaker 1: something into being.
• 15:48
  Speaker 2: The reality of.
• 15:49
  Speaker 1: That is different because if this were in the era
• 15:53
  Speaker 1: of the birth of the Internet, I don't think you
• 15:54
  Speaker 1: could have manifested what happened back then. It was real
• 15:58
  Speaker 1: use case scenarios that were playing out, and I think
• 16:00
  Speaker 1: that's where we are right now. So I'm on the
• 16:03
  Speaker 1: other side of that trade in the sense that I
• 16:04
  Speaker 1: think AI is way underserved in the sense that the
• 16:08
  Speaker 1: scale in which we're going to see it grow is
• 16:11
  Speaker 1: not going to slow. It's going to increase, but there
• 16:14
  Speaker 1: will be losers, and I think the loser right now
• 16:16
  Speaker 1: is going to be Open AI of that group that
• 16:19
  Speaker 1: comes out, and we may have another LM that comes
• 16:21
  Speaker 1: to the game late that could be the barn burner
• 16:25
  Speaker 1: of all of them. We still don't know, and it's
• 16:27
  Speaker 1: possibly going to be an LLM that's created by another AI.
• 16:30
  Speaker 1: So I'm on the opposite side of that. I think
• 16:33
  Speaker 1: the trade is still in play. Again, not financial advice,
• 16:36
  Speaker 1: but I look at it from a technologist position. I
• 16:38
  Speaker 1: just don't think this is the same thing as a
• 16:41
  Speaker 1: housing bubble. This is innovation at scale, and it's innovation
• 16:46
  Speaker 1: that is going to affect the global economy, not just
• 16:49
  Speaker 1: the United States, which is what happened in two thousand
• 16:51
  Speaker 1: and eight. Enough of that, here's a word from our sponsor, Meveloxi.
• 16:55
  Speaker 1: I've already talked about this platform before. It's not your
• 16:59
  Speaker 1: ordinary state platform. It's a project that uses a network
• 17:03
  Speaker 1: of v bots to generate profit, something that was previously
• 17:07
  Speaker 1: only available to big players. You guys, of course, can
• 17:10
  Speaker 1: visit their website just over on meveloxi dot com learn
• 17:13
  Speaker 1: a little bit more about what they're doing, and I
• 17:17
  Speaker 1: think when you compare staking versus mesteak, you might get
• 17:20
  Speaker 1: an idea of how valuable this could become. To put
• 17:23
  Speaker 1: it simply, users deposit funds into liquidity pools managed by
• 17:28
  Speaker 1: mv bots. These bots perform blockchain operations, particularly sandwich strategies,
• 17:34
  Speaker 1: and earn from blockchain network inefficiency. That's why the system
• 17:38
  Speaker 1: continues to perform steadily through even market downturns. They've also
• 17:43
  Speaker 1: launched a recent app which you can kind of see
• 17:46
  Speaker 1: here on their website. Their developers are out there taking questions,
• 17:50
  Speaker 1: which is great. I love to see that in terms
• 17:53
  Speaker 1: of interaction from a project like this, and when you
• 17:57
  Speaker 1: compare what they're doing there, along with the fact that
• 18:01
  Speaker 1: they've got this new app out there. Just search MeV
• 18:04
  Speaker 1: stats over in the Apple Phone Store and of course
• 18:07
  Speaker 1: you guys can learn a little bit.
• 18:08
  Speaker 2: More about that.
• 18:09
  Speaker 1: They also have an Android app to getting Ready to drop,
• 18:11
  Speaker 1: so that's.
• 18:12
  Speaker 2: A pretty big deal.
• 18:13
  Speaker 1: I think these are the things you have to have
• 18:15
  Speaker 1: when you have projects like this. Don't forget Also, this
• 18:19
  Speaker 1: brand and project is getting a lot of press as well.
• 18:22
  Speaker 1: Obviously they were at Token twenty forty nine you probably
• 18:25
  Speaker 1: saw a little bit of what they were doing over there.
• 18:27
  Speaker 1: Of Course, they've started to make some of their lines
• 18:30
  Speaker 1: into other components out there, and of course that means
• 18:34
  Speaker 1: places like Investing dot com and others that have started
• 18:36
  Speaker 1: to cover this platform. So that's a good thing. I
• 18:40
  Speaker 1: think the scenario that plays out in this is where
• 18:43
  Speaker 1: and what are you guys going to do during these
• 18:46
  Speaker 1: cycle upturns and downturns. Make sure and visit meveloxi dot com.
• 18:52
  Speaker 1: You can of course use our link down in the description.
• 18:55
  Speaker 1: Make sure and use that one because it's a pretty
• 18:57
  Speaker 1: key link and you get a discount and a bonus
• 19:01
  Speaker 1: when you use it. Speaking of manifestation, you have to
• 19:04
  Speaker 1: think about this right here, and that is eth versus Bitcoin. Now,
• 19:07
  Speaker 1: many people would say, well, that's really just an eth
• 19:10
  Speaker 1: doing e things. I think what we're dealing with is
• 19:13
  Speaker 1: a little bit deeper than that with ethereum. And really
• 19:16
  Speaker 1: when you look at the rally potential of where ETH
• 19:19
  Speaker 1: is right now, and that's the camp I'm falling in
• 19:22
  Speaker 1: mainly because I think Tom Lee is winning the war
• 19:26
  Speaker 1: on crypto investors and possibly new investors coming in through
• 19:30
  Speaker 1: the dat the asset treasury companies, And that's I think
• 19:34
  Speaker 1: the big one. Nine out of ten of every dollars
• 19:36
  Speaker 1: of crypto lending right now is generated on ethereum L
• 19:39
  Speaker 1: Two's that's another narrative that Tom Lee gets to spout
• 19:43
  Speaker 1: out there to help drive more interest in ETH. So
• 19:46
  Speaker 1: when you look at everything that Tom's been talking about
• 19:49
  Speaker 1: and where he thinks this is going to be going,
• 19:52
  Speaker 1: you kind of have to look back at what his
• 19:55
  Speaker 1: you know, dog in the hunt is, which is BM
• 19:57
  Speaker 1: and r BM and R the Digital Asset Treasury. Sure
• 19:59
  Speaker 1: they a lot of lines in the water in terms
• 20:01
  Speaker 1: of revenue. They could be one of the winners out
• 20:03
  Speaker 1: of this is the next micro strategy. Yes, so watch
• 20:06
  Speaker 1: eath very closely in this period of time, could see
• 20:09
  Speaker 1: some surprises coming out. The other one to keep an
• 20:12
  Speaker 1: eye on, of course, is Solana just in as you
• 20:14
  Speaker 1: guys know, they're doing break points, so this was a
• 20:16
  Speaker 1: big announcement. Solana has now made it where all coin
• 20:20
  Speaker 1: base users can trade Solana tokens through a dex without
• 20:23
  Speaker 1: official listing. So that's a big deal in terms of question,
• 20:26
  Speaker 1: is is it better for Solana or is it better
• 20:28
  Speaker 1: for Coinbase.
• 20:29
  Speaker 2: I don't know. You let me know down below.
• 20:31
  Speaker 1: You think that's the case if you look at what's
• 20:33
  Speaker 1: happening over on Breakpoint. We're going to do a full
• 20:35
  Speaker 1: breakdown of this video, by the way, a full breakdown
• 20:38
  Speaker 1: on Breakpoint. But they had a lot of announcements. You know,
• 20:41
  Speaker 1: obviously State Street, you know, has jumped in. They're jumping
• 20:45
  Speaker 1: in with it with Galaxy. You've got soul Flower now
• 20:48
  Speaker 1: shipping begins this week. What else did they have. They
• 20:52
  Speaker 1: had Jupiter announcing the Jupiter len product, even though after
• 20:56
  Speaker 1: a little bit of problems with Jupiter or Jupiter also
• 20:59
  Speaker 1: launched Verified with is a new verification layer. They had
• 21:03
  Speaker 1: the rain Finance thing come through. We'll get into all
• 21:06
  Speaker 1: of that, but the point is this Breakpoint is used
• 21:09
  Speaker 1: exactly or it's always been used, and that is, let's
• 21:12
  Speaker 1: go out promo headliners, get everybody excited about Solona and
• 21:17
  Speaker 1: get that manifestation going for Solana because right now Eth
• 21:21
  Speaker 1: has been sucking the wind out of the market.
• 21:24
  Speaker 2: For sure.
• 21:25
  Speaker 1: Polymarket is another one that's trying to do this, and
• 21:28
  Speaker 1: that is Polymarket now is making it available to where you.
• 21:31
  Speaker 2: Can bet against positions.
• 21:33
  Speaker 1: We have an argument on that here on the research
• 21:35
  Speaker 1: team whether this is good or bad. Is it just
• 21:37
  Speaker 1: a gambler betting against a gambling move or is it
• 21:41
  Speaker 1: a gambler who now has an out.
• 21:43
  Speaker 2: This is an interesting theory.
• 21:45
  Speaker 1: You've made a bet, you realize you're going to lose that,
• 21:48
  Speaker 1: but you'd be able to borrow against that and leverage
• 21:51
  Speaker 1: into some costs to be able to regain some of
• 21:54
  Speaker 1: that loss. You've never had that opportunity before.
• 21:57
  Speaker 2: You lose a bet, you lose a bet.
• 21:58
  Speaker 1: You're done, You've lost all of that. Maybe this is
• 22:00
  Speaker 1: an interesting play because it's powered by Morpho. So I'm
• 22:05
  Speaker 1: intrigued with this one because it could open up some
• 22:07
  Speaker 1: very interesting situations in the future.
• 22:11
  Speaker 2: Here's Matt Hogan.
• 22:12
  Speaker 1: Though we got some issues brewing in DC and it's
• 22:15
  Speaker 1: wild to see politician explicitly talk about protecting banks by
• 22:20
  Speaker 1: preventing ordinary people from earning interest. This is a thing
• 22:23
  Speaker 1: that we are seeing more and more. Obviously is all
• 22:26
  Speaker 1: being led by the banking gops that we've talked about
• 22:29
  Speaker 1: around the market structure bill and what this is going
• 22:32
  Speaker 1: to look like, all sorts of markups on this Today
• 22:34
  Speaker 1: we're going to do a full breakdown on that video
• 22:36
  Speaker 1: as well for you guys around what's happening in DC
• 22:39
  Speaker 1: around the market structure. And I agree with Matt one
• 22:41
  Speaker 1: hundred percent. Banning stable coins from paying interest is like
• 22:45
  Speaker 1: banning cars from going faster than horses. This is crazy
• 22:50
  Speaker 1: how much this could impact the crypto market. And one
• 22:54
  Speaker 1: of the big platforms that it could impact the most
• 22:56
  Speaker 1: is going to be platforms like hyper liquid, and this
• 22:59
  Speaker 1: could dip down to two twenty three bucks, especially around
• 23:02
  Speaker 1: the staking situation that we're dealing with right now. One
• 23:06
  Speaker 1: of the worst performers among the top twenty cryptos that
• 23:09
  Speaker 1: one's done with further rate cuts now off the table,
• 23:12
  Speaker 1: which is going to be the likelihood attention will turn
• 23:15
  Speaker 1: to liquidity and the Fed's balance sheet policy in twenty six.
• 23:18
  Speaker 1: This is also going to be a problem if we
• 23:20
  Speaker 1: see more pressure coming in from the Clarity Act not
• 23:24
  Speaker 1: being favorable, because this could hurt a lot of these
• 23:27
  Speaker 1: deckses in DeFi platforms out there going forward. So this
• 23:32
  Speaker 1: is another one, guys, I anticipate we're going to see
• 23:34
  Speaker 1: a lot of people in the crypto industry getting on
• 23:36
  Speaker 1: their private jets and flying to DC right now to
• 23:39
  Speaker 1: deal with what's going on in Congress as we near
• 23:42
  Speaker 1: years end and no Clarity Act is in play. Think
• 23:46
  Speaker 1: about that, because this was promised by Trump to get
• 23:49
  Speaker 1: done by August is a big miss on the administration
• 23:53
  Speaker 1: for sure. All Right, you guys know what to do.
• 23:55
  Speaker 1: Make sure and jump in on the bar and market edge.
• 23:57
  Speaker 1: That's our own private group. It's very easy to point well,
• 24:00
  Speaker 1: always leave a linked down below, follow me on x
• 24:02
  Speaker 1: at Paul Baron. We'll catch you next time right here
• 24:04
  Speaker 1: on The Paul Baron Show.