Latest / CRYPTO 101 / Crypto Rundown: Technical Analysis Crypto Update & Bitcoin 2026 Vegas Recap

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Crypto Rundown: Technical Analysis Crypto Update & Bitcoin 2026 Vegas Recap · CRYPTO 101

0:07
[SPEAKER_03]: Oh, right, everybody, welcome back to another episode of the crypto run down Bitcoin adoption.
0:13
[SPEAKER_03]: It's happening faster than people realize from things like Walmart is now accepting Bitcoin payments.
0:18
[SPEAKER_03]: The block has over 800,000 people and merchants accepting Bitcoin payments.
0:23
[SPEAKER_03]: And technical analysis is starting to line up.
0:26
[SPEAKER_03]: The charts are starting to confirm the fundamentals that we've been talking about on this program month over month and week after week.
0:33
[SPEAKER_03]: So who better to bring on than to jump into the charts with Brendan?
0:36
[SPEAKER_03]: his cohort is open for the trading course.
0:38
[SPEAKER_03]: We'll get into more of that, but Brendan is great to have you as again.
0:42
[SPEAKER_03]: The charts are starting to meet up with some of the fundamentals as Bitcoin and crypto seem to be the safe trade during this Iran war saga.
0:50
[SPEAKER_03]: The macro is as messy as ever.
0:52
[SPEAKER_03]: We're looking through the noise.
0:53
[SPEAKER_03]: We're diving into the technicals today on this episode of Brendan.
0:56
[SPEAKER_03]: Welcome back, Brendan.
0:57
[SPEAKER_03]: How are you?
0:58
[SPEAKER_02]: Dude, it's gonna be back.
1:00
[SPEAKER_02]: It's always a pleasure, you know me.
1:01
[SPEAKER_02]: The rundowns are one of my highlights of the week.
1:05
[SPEAKER_02]: Love doing them.
1:06
[SPEAKER_02]: We've had some good technical developments, started off the week.
1:10
[SPEAKER_02]: Little bit strong, came back down, but man, what a rally we're getting here today and even yesterday, a Bitcoin trying to make a run back for $79,000.
1:19
[SPEAKER_02]: The area I'm trying to get back above 2300, Salana still in the mid 80s,
1:26
[SPEAKER_02]: Lots of stuff to talk about.
1:28
[SPEAKER_02]: You've had a lot of cryptos getting some really nice pullbacks, probably going to get some longing opportunities out of these.
1:34
[SPEAKER_02]: But we're at this critical level for all of crypto here.
1:38
[SPEAKER_02]: You know, that's what I'm calling it.
1:39
[SPEAKER_02]: It's this critical point in time.
1:41
[SPEAKER_02]: It's like a maker break moment.
1:44
[SPEAKER_02]: If we do the makes in area, the bullish scenario could easily have 10, 15% to the upside,
1:48
[SPEAKER_02]: If we get the downside scenario, you could easily see probably 10-20% of the downside.
1:55
[SPEAKER_02]: So, this pivotal moment in time, you see the squeeze happening around front of our eyes.
1:59
[SPEAKER_02]: We're going to dive into it today, of course.
2:01
[SPEAKER_02]: We're going to cover the fundamentals, the technicals.
2:03
[SPEAKER_02]: But...
2:04
[SPEAKER_02]: I guess with my emphasis here today, I want to explain to everyone the quite large squeeze that we have written front of our eyes and I think a lot of viewers are going to like it.
2:13
[SPEAKER_02]: I think it's pretty eye-opening and either way, you know, it should prepare you for whichever direction the market decides to resume.
2:20
[SPEAKER_03]: Yeah, a lot of information to take in today.
2:22
[SPEAKER_03]: We're diving into the charts right after this.
2:24
[SPEAKER_03]: But again, nobody loves a short squeeze more than the bulls.
2:27
[SPEAKER_03]: And I think the runways clear Brendan because this was actually a huge week of earnings in the traditional markets.
2:32
[SPEAKER_03]: We had Google, Amazon, Meta,
2:35
[SPEAKER_03]: uh... the list goes on in the mag seven apple apple at a good one uh... last night and uh... some of these rocked higher i believe google rocketed higher uh... uh... amazon uh... and uh... and uh... apple is moving higher today uh... but all the reports were good well the stock rocketed or not if it didn't drop there was no there was no rug pull if you will in the mag seven in these companies just keep growing at a wild rate
2:58
[SPEAKER_03]: But in my mind, that kind of clears the deck for some risk asset movement, which we are seeing some continuation of that with some of whether it's the momentum money makers group getting some winners, the Brian and Joe group or what you're seeing in the chart.
3:10
[SPEAKER_03]: So let's pull them up and let's dive on in.
3:12
[SPEAKER_03]: Happy Friday to everybody in the chat.
3:14
[SPEAKER_03]: Let us know where you're calling in from.
3:15
[SPEAKER_03]: We've got Deb from Santa Barbara.
3:18
[SPEAKER_03]: Jake's here, Jake, we're in from I know Grant's here from Tampa and usually we get some international folks as well that can join the live.
3:25
[SPEAKER_03]: So let us know where you're watching in from today and to all the audio listeners.
3:29
[SPEAKER_03]: I hope you're enjoying your Friday or weekend.
3:32
[SPEAKER_03]: Thanks for tuning in, Brendan.
3:33
[SPEAKER_03]: Take it away.
3:35
[SPEAKER_02]: Yeah, I mean, you know, we got to start off here with Bitcoin first.
3:38
[SPEAKER_02]: It's the largest crypto.
3:39
[SPEAKER_02]: It's the leader of the space.
3:41
[SPEAKER_02]: And the rest of the market tends to follow what Bitcoin is doing.
3:44
[SPEAKER_02]: Now, for a while, I've been a pretty big advocate of, we've seen this rinsan repeat, I call it the bear flag cycle.
3:52
[SPEAKER_02]: Now, all that these bear flags are is essentially saying, hey, we have a move to the downside and then a rising channel where you get higher highs and higher lows before and more downside.
4:01
[SPEAKER_02]: Now, we saw this happen once, right over in here, and then we saw the rising channel, and then the breakdown.
4:06
[SPEAKER_02]: And here we are again, again, it's kind of just the same structure where you see these deeper moves down, followed by these back and forth rising channels, before, you know, mark downside continuation.
4:18
[SPEAKER_02]: And so with where we're at right now, we're at this interesting moment, because a lot of the long-term data, is saying, hey guys, if the market has not already bottomed, it should be awfully close to it.
4:28
[SPEAKER_02]: In fact, a lot of the data,
4:30
[SPEAKER_02]: would point us towards this idea that the market has bottomed.
4:33
[SPEAKER_02]: Now that's the longer term data.
4:35
[SPEAKER_02]: The shorter term maybe midterm data is saying, hey, it's actually still bearish.
4:40
[SPEAKER_02]: And so we're at this interesting spot where a lot of the long term data is saying, hey, guys, the bottom stand or very, very near.
4:46
[SPEAKER_02]: And the shorter term, the midterm data is saying, we'll not quite yet.
4:51
[SPEAKER_02]: It's good, but there's still bearish evidence out there that would say the trend is not necessarily broken.
4:56
[SPEAKER_02]: The bearish trend is selling trend.
4:58
[SPEAKER_02]: So let's walk through both of these scenarios very quickly, because we've done this in prior rundowns.
5:04
[SPEAKER_02]: So I want to make sure that we give an update on this, as opposed to just re-explaining everything.
5:09
[SPEAKER_02]: But the thought process here is like, hey, if you kind of just look at this off the highs, so overall downtrend is still intact, right?
5:14
[SPEAKER_02]: You can kind of draw this out and see that, hey, we're still making lower highs, we're still above our prior consolidation zones.
5:22
[SPEAKER_02]: You're below the 200-day moving average, that yellow line.
5:25
[SPEAKER_02]: And on top of all of this,
5:27
[SPEAKER_02]: you haven't even broken the bear fly, right?
5:29
[SPEAKER_02]: You haven't even broken out of what is the bearish consolidation of the most recent price action.
5:35
[SPEAKER_02]: So, not all that kind of shorter term midterm stuff is changed.
5:39
[SPEAKER_02]: The downtrends intact and you still have not broken out of this bear fly that we've been just bouncing back and forth inside of for quite some time now.
5:47
[SPEAKER_02]: Now, the reason why I say we're at this pivotal moment is because you're getting that long-term data saying, hey, it looks as if the bottom could be in, whereas this shorter-term stuff such as the actual price action, the downtrend, us still trading below the larger moving averages.
6:02
[SPEAKER_02]: Those are still saying, hey, we just haven't done that, which is the bare minimum for a reversal.
6:08
[SPEAKER_02]: So the reason we're getting a squeeze here is because you just all kind of push up to the top of this once in reject twice reject three times reject and here we are I mean aggressively approaching the zone for the fourth time and just the past two or so weeks and so you can see that.
6:26
[SPEAKER_02]: A lot of pressure is pushing towards the upside, trying to get to a breakout.
6:33
[SPEAKER_02]: Now, I think the crypto market is coiled here.
6:35
[SPEAKER_02]: Right?
6:35
[SPEAKER_02]: If we break out, it could be glorious.
6:37
[SPEAKER_02]: However, if you get a rejection of this, let's look at just briefly what's happened during some of these prior ones.
6:42
[SPEAKER_02]: You know, here's the bear flag from the moment of the breakdown.
6:45
[SPEAKER_02]: It was about 10%.
6:46
[SPEAKER_02]: From this one, the moment of the breakdown was about 20%.
6:49
[SPEAKER_02]: And then from this one, the moment of the breakdown was about 30%.
6:52
[SPEAKER_02]: So you can have, you know, I think 30% is probably a little bit much, but you could probably see here, again, double digits in terms of downside, if you do get a rejection of this bear flag, and then you get downwards continuation, you know, that is something that is still possible until this whole pattern is broken.
7:11
[SPEAKER_02]: Now, if you get a break out to the upside, you're probably going back to the mid 80s to retest that 200-day moving average.
7:18
[SPEAKER_02]: There's a massive volume point of control in here, which I don't even have on the screen.
7:23
[SPEAKER_02]: You have this orange line, which is an anchored V-wop as we call it, or an anchored volume-related average price.
7:29
[SPEAKER_02]: from the all-time high, and you have all these different factors, again, with a consolidation zone.
7:36
[SPEAKER_02]: Price is going to go anywhere.
7:37
[SPEAKER_02]: It's probably up to the mid-80s, maybe even a little bit higher into the 90s.
7:41
[SPEAKER_02]: That's something that is a realistic possibility on a breakout, and it could very well mean that the bottom is in, if that happens, because you're getting a break of this pattern that we've seen
7:51
[SPEAKER_02]: Every single time, since the downtrend started from the all-time high class, right?
7:56
[SPEAKER_02]: Break down, bear flag, break down, bear flag, break down, bear flag, break down, break down, another bear flag.
8:01
[SPEAKER_02]: And if all of a sudden this starts to change and we're saying, hey, this bearish structure that we've seen without fail is breaking, it's a really good thing for the bulls.
8:10
[SPEAKER_02]: So it's one of the big things I'm watching out for.
8:12
[SPEAKER_02]: The other thing here is that upon every single rally that we've seen since the end of 2024,
8:19
[SPEAKER_02]: Every single rally has seen lower levels of strength than the prior one.
8:24
[SPEAKER_02]: So what I'm going to use here is a tool called the one day relative strength index for RSI.
8:30
[SPEAKER_02]: And it measures strength relative in the market.
8:33
[SPEAKER_02]: And so,
8:34
[SPEAKER_02]: When we look at this, you can go back to the end of 2024 in November of 2024 right in here.
8:40
[SPEAKER_02]: You can see, hey, we had this rally up and it came up to about 86.
8:44
[SPEAKER_02]: And the next big rally up, we came up to about 78.
8:47
[SPEAKER_02]: The next big rally up, we came up to about 75.
8:50
[SPEAKER_02]: The next big rally up, we came up the 73.
8:52
[SPEAKER_02]: the next one was 70 and then the next one over in here was like 68.
8:57
[SPEAKER_02]: So you've been seeing consecor consistently and consecutively lower levels of strength upon every upside rally that Bitcoin has had since the end of 2024.
9:08
[SPEAKER_02]: Now, that's obviously not what you want to see as a bull.
9:10
[SPEAKER_02]: As a bull here, you want to come in and you want to say, well, I want more strength with my rallies.
9:15
[SPEAKER_02]: I want every time Bitcoin's prices moving up, I want to have more strength than it did before.
9:19
[SPEAKER_02]: And I think once this trend breaks, it is, you know, one of the final nails and the coffins for the bears.
9:25
[SPEAKER_02]: And it looks like again, this is at that pivotal moment where if you get this break through and all of a sudden we're breaking this trend of lower levels of strength, lower levels of the RSI on every swing higher, if you're breaking that trend, it looks like it's probably going to be the end of the bear market.
9:42
[SPEAKER_02]: So there's a lot of different things to look at.
9:44
[SPEAKER_02]: I know from a technical standpoint, people are really looking at the weekly chart to get a more zoomed out picture and see what the bulls are doing here.
9:54
[SPEAKER_02]: And the best way to look at this is just by going to this weekly chart.
9:58
[SPEAKER_02]: And you can see it like on the weekly RSI, Bitcoin has without fail.
10:02
[SPEAKER_02]: Every single time that coins one week RSI has crossed back.
10:08
[SPEAKER_02]: um, into neutral territory from the oversold zone down in here.
10:12
[SPEAKER_02]: So anytime it's crossed downwards over 30 and then crossed back to the upside out of this zone, back to the upside.
10:19
[SPEAKER_02]: It's always signal, hey, the bottom is around this area.
10:23
[SPEAKER_02]: It happened over here in 20.
10:25
[SPEAKER_02]: You know, the very start of like 2014 or sorry, very end of 2014 start of 2015 it happened to over here at the end of 2018 happened over here in 2022 and then now we have it happening here.
10:38
[SPEAKER_02]: in 2026.
10:39
[SPEAKER_02]: So without fail every four years, you see this happening.
10:42
[SPEAKER_02]: Of course, the tops look very familiar as well.
10:46
[SPEAKER_02]: What this basically shows us is that the market tends to bottom and top out at roughly speaking, the same levels of relative strength on a much more zoomed out long-term horizon.
10:57
[SPEAKER_02]: From the, just from the actual Bitcoin chart itself, if you're looking at this from a weekly time scale, you can see that this 200 wheat moving average for Bitcoin is almost always acted as a support, right?
11:11
[SPEAKER_02]: You came down here again, same time horizon 2015, bottomed out at this yellow 200 wheat moving average.
11:16
[SPEAKER_02]: You saw this happen in 2019, 2020, briefly broke below in 2022, but that marked the bottoming event.
11:23
[SPEAKER_02]: And then now as you zoom back in, we bounced off this again.
11:26
[SPEAKER_02]: and price actions pushing back to the upside.
11:29
[SPEAKER_02]: So crypto here, the lot of the long-term stuff is saying the market looks good.
11:36
[SPEAKER_02]: You could look at the MACD over in here, which is another indicator, and you're seeing similar bottom ending indicators, almost exactly what we saw back in 2022.
11:46
[SPEAKER_02]: And the list goes on, right?
11:48
[SPEAKER_02]: You can look at the fear and greed index.
11:50
[SPEAKER_02]: You can look at the sharps ratio.
11:52
[SPEAKER_02]: You can look at all these different things.
11:54
[SPEAKER_02]: So there's a lot of different technical stuff that don't want to get too much more into the weeds on.
11:58
[SPEAKER_02]: But if we're just looking about what's actually going on here with Bitcoin, there's a convincing argument both ways.
12:04
[SPEAKER_02]: And I think what this means for the average person is that the markets are squeezing.
12:09
[SPEAKER_02]: And this is the pivotal point in time.
12:11
[SPEAKER_02]: A rejection means, hey, we could see double digits to the downside.
12:14
[SPEAKER_02]: A breakout here likely means it's the bottom of the market.
12:17
[SPEAKER_02]: And you probably have it bare minimum double digits, you know, 10, 20% to the upside.
12:22
[SPEAKER_02]: So it's an interesting point because a Bitcoin bottom's out.
12:25
[SPEAKER_02]: Ethereum's also in a good spot where this thing has been seeing higher lows.
12:29
[SPEAKER_02]: Move up, higher low, move up, higher low, move up, higher low.
12:33
[SPEAKER_02]: And so,
12:35
[SPEAKER_02]: Ethereum's really been applying pressure to the upside of 2400 trying to break through the level a number of different times.
12:41
[SPEAKER_02]: So if Ethereum breaks out, you're probably seeing it go back to 27, 2800 and it probably means it's a bottom for ETH as well.
12:49
[SPEAKER_02]: Once you start getting into the rest of the large caps, they have been definitely underperforming.
12:53
[SPEAKER_02]: So things like Solana, XRP, B&B, those have been underperforming in here a little bit, but if you have Bitcoin and Ethereum breaking out, you probably see those go from underperformers to overperformers as they have been sold off more harshly.
13:09
[SPEAKER_02]: Now, a couple of the big leaders here in the market have been things like hyper liquid.
13:14
[SPEAKER_02]: I mean, the chart speaks for itself, consistent higher lows, pushing up to new highs.
13:18
[SPEAKER_02]: You've seen a lot of strength out of this guy.
13:20
[SPEAKER_02]: You've also seen some big strength over here in something like sky.
13:24
[SPEAKER_02]: You've also seen it across the board with one that we like over here.
13:28
[SPEAKER_02]: And we talk about internally aerodrome.
13:30
[SPEAKER_02]: It's been seeing a lot of upside.
13:32
[SPEAKER_02]: Pengue, which I think you're a fan of here, T-Vell, Pengue, Pengue, seeing a nice little ripper to the upside and liquid thing.
13:41
[SPEAKER_03]: Yeah, dude, if you've listened to the rundowns, you know that Brian and Joe and I bring up Pengue a lot.
13:49
[SPEAKER_03]: because they're in the news.
13:50
[SPEAKER_03]: They're a meme coin that's actually building just the quick hitters.
13:54
[SPEAKER_03]: They did the giant plushie, they've done the NASCAR and the F1.
13:58
[SPEAKER_03]: They just launched a credit card like it's real things like real things.
14:02
[SPEAKER_03]: I bought the children's book during Christmas for my nephew.
14:06
[SPEAKER_03]: So it's a fun, it's a fun community and we've been bringing it up all along that bottom.
14:12
[SPEAKER_03]: You could have traded it actually pretty well, just you could see that trading range there on the highs and the lows.
14:18
[SPEAKER_03]: Um, but we built a position, uh, personally not financial advice by any means, but it was fun to see that first breakout, uh, and, and I did take a little profit up there.
14:29
[SPEAKER_03]: I, I still, still the bags are still packed.
14:31
[SPEAKER_03]: If I say so myself, but, uh, took a little profit and we'll see, like again, that things pretty volatile.
14:36
[SPEAKER_03]: So, uh, you know, it's be careful in there, but it is a super fun community.
14:40
[SPEAKER_03]: Glad you brought it up.
14:42
[SPEAKER_02]: Yeah, I mean, they've been crushing it, they've been crushing it indeed, so what I'd say here for everyone is keep a close eye on the market.
14:50
[SPEAKER_02]: You have crypto really trying to do something here.
14:54
[SPEAKER_02]: It's an important moment.
14:55
[SPEAKER_02]: I think you get a big move in either direction off of something like this, like price action, try and hold on and you can't help but think that the spring here is pretty
15:08
[SPEAKER_03]: was, uh, will Bitcoin hit 90 K before it hits 60 K and with the majority's 80% to 90 K. So we got some bulls in the chat.
15:17
[SPEAKER_03]: We've got people from Philly Jake.
15:19
[SPEAKER_03]: Big win for the flyers.
15:20
[SPEAKER_03]: Big win for the sixers.
15:21
[SPEAKER_03]: If you're a Philly sports fan, congrats.
15:24
[SPEAKER_03]: Orie from Cold Spring, Texas, absolute friend of the show, Deb from Santa Barbara.
15:30
[SPEAKER_03]: We got living beyond from Clearwater, not too far away from me, and then Holy Whale is here for the Friday.
15:36
[SPEAKER_03]: Fun Hunter.
15:38
[SPEAKER_03]: Hunters in the chat.
15:39
[SPEAKER_03]: That's super exciting.
15:40
[SPEAKER_03]: I believe we have it confirmed
15:42
[SPEAKER_03]: So we will say it next week right now you have Hunter in the chat.
15:46
[SPEAKER_03]: We mentioned it on the show He's one of the the newest analysts that we've brought on to join the team because as we say We built what doesn't matter what the market is bull market bear market We're always building and growing we truly believe what we do here hunters are newest team member I can confirm hunter will be on next week
16:04
[SPEAKER_03]: I believe we might have a special appearance on the run-down from our fearless leader, Bryce.
16:07
[SPEAKER_03]: So something to look forward to, say hi to Hunter in the chat as he joins us for the rest of the show.
16:13
[SPEAKER_03]: And if you enjoyed what Brendan just did, as always, we talk about his technical analysis expertise.
16:19
[SPEAKER_03]: And if that's something that you really want to deep dive into and you want to learn more and you want to have weekly sessions with him two a week for one hour live with Brendan to do that,
16:28
[SPEAKER_03]: strictly for one hour plus go through the full teachable course there you can learn tons of stuff of all the different ins and outs of technical analysis check the link below it doesn't open up much the cohort is open so you can jump in this weekend and start next week with him
16:45
[SPEAKER_03]: Check out that link below and then we have a couple other awesome links as well If that's not your bread and butter, we got the free book and the one dollar trial to crypto nations So jump in there, check out those links support the show We really appreciate everybody joining on Friday.
16:59
[SPEAKER_03]: The first thing that we're gonna transition into is there was a conference this week Bitcoin Vegas Brendan We couldn't make it this year.
17:05
[SPEAKER_03]: We're too busy building as I just preached And there was some interesting stuff that came out of it.
17:11
[SPEAKER_03]: I saw the the cash-potel segment
17:13
[SPEAKER_03]: was not well-attended and then people tried to pile on and say nobody attended that was not the case there was tons of different speakers um... a sailor was there he had a huge crowd uh... Morgan Stanley had a big cut big crowd and Morgan Stanley's been on the sheet a lot because they launched their ETF uh... we've covered that and nausea but i just think it's interesting that they launched the ETF yes now they're going to market it that's part of the program but man they keep they keep flirting
17:39
[SPEAKER_03]: with Bitcoin and crypto in a fun way.
17:41
[SPEAKER_03]: So let's listen to our first segment from the Bitcoin 2026 out of Las Vegas.
17:47
[SPEAKER_03]: This is Morgan Stanley talking about possibly putting Bitcoin on their balance sheet.
17:52
[SPEAKER_00]: And it's a exposure on that balance sheet.
17:54
[SPEAKER_00]: And what does that look like?
17:55
[SPEAKER_00]: And what does it do to that balance sheet?
17:59
[SPEAKER_04]: If not to put you on the spot, but since we're taking a long-term view here,
18:03
[SPEAKER_04]: What do you think it's going to take in terms of decades in first structure or regulatory before we see a bank like Morgan Stanley or a regulated financial institution be able to take that leave and put a coin on the balance.
18:23
[SPEAKER_00]: You know, I think if we continue to see the progress that we've made over the last 16 months or so in regulatory, that's something that you may see going forward.
18:34
[SPEAKER_00]: It's not totally out of the question.
18:36
[SPEAKER_00]: But I think you need to see.
18:37
[SPEAKER_00]: I think the other thing too is we were talking about one 21 rolling back on the capital treatment.
18:45
[SPEAKER_00]: But it's not just that that holds us back.
18:48
[SPEAKER_00]: It's said guidance, it's fossil guidance.
18:51
[SPEAKER_00]: When you're a large piece of bank, it's not just one agency that you report to, you have many oversight groups that you have to attend to.
19:02
[SPEAKER_00]: So we need a little bit more alignment across the board with some of those agencies for also global.
19:08
[SPEAKER_00]: So it's one thing to focus on the US, but every jurisdiction has its own rules and rags around your space and we're still getting comfortable with that globally.
19:21
[SPEAKER_03]: uh... a nice way of saying probably not at least any time in the near future but i i think if we go back to the space brand uh... you know the twenty-two thousand twenty-one like the thought of having ETFs the thought of having a Morgan Stanley ETF was a no i mean we can go pull those clips of Larry think uh... saying bitcoins for criminals in terrorist right so again the things change much faster than you do and i thought it was a cool clip because
19:48
[SPEAKER_03]: It's Morgan Stanley, they just launched 3TF and again, how this thing evolves.
19:52
[SPEAKER_03]: It evolves slowly, but then you blink your eye and you look back at two years of progress and you're like, holy cow, like that space moves fast.
20:00
[SPEAKER_02]: Yeah, it does.
20:02
[SPEAKER_02]: But at least they're in this space, right?
20:04
[SPEAKER_02]: At least they're doing a lot of things.
20:06
[SPEAKER_02]: I think that's the positive
20:08
[SPEAKER_02]: Often times people want everything to be done instantly, they want it all to be scaled to the max, and they want full adoption and full integration.
20:16
[SPEAKER_02]: And I gotta remember it takes a little bit of time, but I think it's still reassuring, seeing them even attend something like this, go up on stage to be about it.
20:25
[SPEAKER_02]: They're obviously viewing it from a good light.
20:27
[SPEAKER_02]: So,
20:28
[SPEAKER_02]: You know, remember that out there?
20:29
[SPEAKER_02]: I know we all want mass adoption overnight, but man, we've been making some pretty big strides here and it seems like a lot of those big banks are still, like partially on the sidewalk line saying, hey, we wanna do more.
20:43
[SPEAKER_02]: I know the big catalyst out there is the clarity act.
20:46
[SPEAKER_02]: And I think, you know, once you get that past, you probably see like a dog pile that happened just like the tsunami come in afterwards and you have a lot of people that are going to be hyped up about it.
20:56
[SPEAKER_02]: I mean, we've talked to different banks and asset managers and different players across the space and that's kind of the way it looks is like, hey, this thing gets past the floodgate get opened and then a lot of them in the following year to or following years maybe.
21:09
[SPEAKER_02]: They are just able to do all these things that they were too scared to do before or didn't have regular theory or clarity or all these other things, and yeah, just buckle up buckle up
21:20
[SPEAKER_03]: Yeah, it's a fun space.
21:21
[SPEAKER_03]: We'll be here to cover it with you.
21:23
[SPEAKER_03]: And I love everybody saying hi to Hunter in the chat.
21:25
[SPEAKER_03]: A lot of love going on there.
21:27
[SPEAKER_03]: Super excited to get Hunter in the mix on the podcast next week.
21:31
[SPEAKER_03]: We got some hope, you guys want to put on your gas mass.
21:34
[SPEAKER_03]: We can start to suck in a little hope, you're here.
21:36
[SPEAKER_03]: Coming out of Bitcoin 2026, a BTC reserve was mentioned.
21:42
[SPEAKER_03]: We had some obviously some people tied to the administration.
21:45
[SPEAKER_03]: A couple of the Trump children were there.
21:47
[SPEAKER_03]: It was Eric Trump was there.
21:49
[SPEAKER_03]: And I, so Brandon, just to kind of catch you up or let's listen to the clip and then I'll kind of catch you up on what we've been talking about recently for the administration and crypto and then I would love your take on it.
21:59
[SPEAKER_03]: Let's tune in.
22:00
[SPEAKER_01]: Bitcoin as a asset overall, the president signed the strategic bitcoin reserve executive order last year and we've gone to work and figuring out exactly the.
22:10
[SPEAKER_01]: the nation's necessary and legal interpretations that we need to get that right and solidify that and protect the digital assets, but specifically Bitcoin that we have on the government balance sheet.
22:23
[SPEAKER_01]: So in the next few weeks, we'll be making a big announcement, I think we have a bit of a breakthrough there.
22:28
[SPEAKER_01]: And obviously that needs to be followed up with legislation, Senator Lumbus's big point act over in the House representative begots just talked about the armor act that he is put together.
22:39
[SPEAKER_01]: So we need to codify it, but in the meantime, we do believe we're going to be able to take a big step forward from the executive branch side of the next few weeks.
22:48
[SPEAKER_03]: big step forward, blah, blah, blah, blah, blah, blah, blah, we haven't done anything and I was told to say that we're gonna do something big because if you had a big announcement, when you moved that up a couple of weeks and you'd go do it at this Bitcoin Las Vegas conference, that's my opinion.
23:03
[SPEAKER_03]: So Brendan to catch up here, kind of over the last couple of weeks.
23:07
[SPEAKER_03]: I think I've said it with you, too, is like, hey,
23:09
[SPEAKER_03]: You know, we've been very supportive of pro-crypto legislation and we wanted the administration to dive in, but to be honest, recently there hasn't been much movement.
23:19
[SPEAKER_03]: The clarity axe held up, Bitcoin prices down, crypto prices are down, and you can't keep bleeding us along.
23:26
[SPEAKER_03]: It feels like there's a lot of talk and not a lot of walk and it starts with the clarity act.
23:30
[SPEAKER_03]: And then you throw out this piece of cheese like we're some mice that, you know, we're going to bite it like
23:34
[SPEAKER_03]: Like, oh, they just basically he's saying that they're going to bite Bitcoin for the reserve.
23:39
[SPEAKER_03]: And it brings up the question, you know, I saw this tweet and is what I thought is like, well, I look, as soon as I saw that clip, I go and look at the charts.
23:46
[SPEAKER_03]: And there's no movement at all when this clip came out the other day.
23:48
[SPEAKER_03]: No movement.
23:49
[SPEAKER_03]: And it's just, it's a long tweet here, but it's basically the thing is like, hey, you guys said you're doing all this stuff and, and, and, you know, over the course the administration, sure, we've had a couple.
24:00
[SPEAKER_03]: press conferences where we said we're signing papers and executive orders but nothing's been done other than you know little bit of world liberty five the genius act but like no implementations been even done on the genius acted that's just getting started and we need the clarity act so uh one of your take on that uh i think we try to be we try to be uh well we're biased to crypto and bitcoin clearly we're crypto 101 but like
24:23
[SPEAKER_03]: We got a lot of comments.
24:25
[SPEAKER_03]: I feel like during the leg of the election and was like, oh, you're pro this pro Trump pro Trump.
24:31
[SPEAKER_03]: It's like, no, we're pro crypto.
24:32
[SPEAKER_03]: And I feel like it's important to try to put on my journalist hat and be like, hey, we want action.
24:37
[SPEAKER_03]: You said you're going to do this stuff.
24:39
[SPEAKER_03]: You know, you put a parade of making it look like you're doing it, but there hasn't been any action behind it.
24:45
[SPEAKER_03]: So I think that's one of these things.
24:47
[SPEAKER_03]: It's like, hey, another sound by great.
24:49
[SPEAKER_03]: What are you going to do about it?
24:50
[SPEAKER_03]: What are your thoughts?
24:51
[SPEAKER_02]: No, yeah, I think that's pretty fair.
24:54
[SPEAKER_02]: The way that the market is looking at, or not the market, the way that people are looking at the crypto market here, is that there's been a lot said, not quite as much done, and prices have done even less, right?
25:07
[SPEAKER_02]: So prices have continued to go down, especially in altcoins, a lot of the stuff that was said to have happened, some of it happened, some of it didn't, and I think people are frustrated.
25:18
[SPEAKER_02]: What's essentially going on here is the the the market have put catalyst like these on pause and say hey any kind of rally that we're going to get from these those are all on pause until we get it proven to us that this stuff's actually going to happen and I think it's all starting with the clarity act right I think so much is weighing on that passing that people are saying okay all the stuff that you say is good and great but prove it to us past the clarity act
25:48
[SPEAKER_02]: And then I think once you get stuff like that, people will start taking these announcements in these hints and these spoilers and whatever out events, I think they'll take them more seriously.
25:57
[SPEAKER_02]: I think the issue now is that people aren't taking these, what people are saying publicly, they're just not taking any of it seriously and they're not taking people with their word anymore.
26:08
[SPEAKER_02]: Because they've looked at the past two years and a lot of it hasn't happened and a lot
26:17
[SPEAKER_02]: are still just getting kicked down the road a little bit and I think people are frustrated.
26:21
[SPEAKER_02]: They're especially frustrated with performance.
26:23
[SPEAKER_02]: So I think people are saying, okay, let's do something to help performance.
26:26
[SPEAKER_02]: Let's get some of the big things past.
26:28
[SPEAKER_02]: And then I think you'll actually see positive price action come out of these announcements again.
26:33
[SPEAKER_02]: The issue is that there's a sense that people can just wait and buy at lower prices and wait and buy at a later point in time.
26:43
[SPEAKER_02]: And there's the opposite of a sense of foam, foam was what runs these announcements.
26:48
[SPEAKER_02]: People go, oh my gosh, this is going to do so much.
26:50
[SPEAKER_02]: Press is going to be higher by the time that I try to buy later.
26:52
[SPEAKER_02]: Because of what they just said, the issues that right now, there's an opposite psychology.
26:57
[SPEAKER_02]: People are saying, ah, it's not going to happen.
26:58
[SPEAKER_02]: It'll get kicked down the road.
26:59
[SPEAKER_02]: It'll be later.
27:00
[SPEAKER_02]: Presses will be lower.
27:01
[SPEAKER_02]: And so people are okay not necessarily jumping at the opportunity and taking people at their word when they say stuff like this.
27:08
[SPEAKER_02]: You know, I largely agree.
27:09
[SPEAKER_02]: I think, again, it comes back to let's pass a lot of the crypto stuff that we said was going to pass let's actually make the crypto industry quite good maybe that is a reserve maybe that is the clarity act maybe that's different forms of the market structure bill maybe that's fill in the blind there's all these different options but.
27:25
[SPEAKER_03]: I think that's how the public is seeing crypto market and if we get the if we add to the strategic reserve and a meaningful way and they passed the clarity act and I think the thing with the clarity act is it's been there hasn't been any leaks of like what this final bill is going to look like I feel like that's really interesting right it's just like is it going to pass or not and part of the passing is we have to break it down and see what it actually is so there's a little bit of hesitancy of what's even in the bill
27:52
[SPEAKER_03]: Plus, you know, as the BTC reserve, if they take action on and add to it, is it a meaningful amount?
27:57
[SPEAKER_03]: If it is a meaningful amount and the clarity acts good, then yes, I think price will rally.
28:02
[SPEAKER_03]: And if it doesn't, I'll still say, hey, at least this administration said that did some stuff they said they were going to do.
28:08
[SPEAKER_03]: But for now, I feel like we're in this just trying to throw cheese at the mice thing.
28:13
[SPEAKER_03]: Yeah, because the elections, you know, the midterms are coming up, and I still believe, you know, there's a great attendance in Las Vegas, there's going to be a great attendance in consensus next week as well.
28:23
[SPEAKER_03]: There's going to be a ton of stuff coming out from that.
28:26
[SPEAKER_03]: And yeah, I just think we need some actions.
28:28
[SPEAKER_03]: So something to watch, just kind of jumping around the sheet there, but wanted to cover that because I thought it bounced into that well of covering, you know, maybe a little bit of a
28:42
[SPEAKER_03]: How about, uh, how about block, uh, block announced that they had now have over 800,000 square merchants accepting Bitcoin payments.
28:53
[SPEAKER_03]: Now we remember we covered this, um, I mean, it was like a month ago.
28:56
[SPEAKER_03]: They had some promo, uh, to try to get people to go.
28:59
[SPEAKER_03]: And it was like free, you could buy something for free or they read fun you and Bitcoin.
29:03
[SPEAKER_03]: If you use your Bitcoin, you get a refund in Bitcoin.
29:05
[SPEAKER_03]: So it looks like,
29:06
[SPEAKER_03]: that was a good activation over 800,000 merchants.
29:09
[SPEAKER_03]: That's pretty cool to see that going new businesses are accepting BTC every eight seconds.
29:15
[SPEAKER_03]: So something in the works there will be fun to track kind of how that grows and how much it's used.
29:21
[SPEAKER_03]: uh... and then i thought this was so cool the stake in shake c.o.
29:25
[SPEAKER_03]: had a had a key note uh... he was on stage there talking about uh... you know their bitcoin program so we've always kind of had those little nuggets at the end of the show of a stake in shake does this stake in shakes given the bitcoin dividend to their employees stake in shakes accepting bitcoin i just like it was so cool to see him uh... on stage uh... and and not
29:47
[SPEAKER_03]: not do it for kind of like what we're just saying the administration like not just using it as a buzzword to get people in a certain you know a certain group to pay attention to them actually using it actually building it out and giving it to their employees as well as bonuses.
30:02
[SPEAKER_03]: I thought that was pretty cool.
30:03
[SPEAKER_03]: So this is a four minute clip.
30:04
[SPEAKER_03]: We're not going to listen to it all but I thought we owed stake and shake a little bit of the the ARB block instead of wrapping up.
30:10
[SPEAKER_03]: So let's take a
30:14
[SPEAKER_05]: We launched our big point platform on May 16, 2025, and since then, we've achieved the highest same source sales growth in any restaurant in the industry.
30:24
[SPEAKER_05]: More notably, we've added two million more customers from the prior year.
30:30
[SPEAKER_05]: The math is simple for us.
30:32
[SPEAKER_05]: When we use Bitcoin, we say 50% on processing fees versus a traditional credit card user.
30:38
[SPEAKER_05]: To pour more simply, if every credit card user use Bitcoin, we would say roughly $6 million annually, which is future our bottom line.
30:48
[SPEAKER_05]: So without the additional customers and savings, we would not be able to improve the trade that we served.
30:53
[SPEAKER_05]: In the past year, we've upgraded to 100% beef
30:58
[SPEAKER_05]: We're using grade A with constant butter and A2 milk.
31:02
[SPEAKER_05]: Earlier this year, we removed all microwaves, delivering healthier food options at great prices.
31:08
[SPEAKER_05]: It's simple, health is well for us.
31:12
[SPEAKER_05]: We believe in freedom.
31:13
[SPEAKER_05]: We believe in giving customers a freedom to choose healthier options.
31:17
[SPEAKER_05]: And we're using the currency that stands for freedom, Bitcoin.
31:20
[SPEAKER_05]: At the heart of the American culture, it's a freedom of choose.
31:24
[SPEAKER_05]: And we want to stand here next year with even more accomplishments powered by Bitcoin because we fully embrace the future of money Bitcoin.
31:33
[SPEAKER_05]: Thank you so much.
31:34
[SPEAKER_05]: Go find your nearest state of state.
31:37
[SPEAKER_05]: Thank you.
31:38
[SPEAKER_03]: That's great, man.
31:39
[SPEAKER_03]: You know what?
31:40
[SPEAKER_03]: I've said this for batting.
31:41
[SPEAKER_03]: I don't know since they started this program I was like, I got to go to Stake and Shake.
31:45
[SPEAKER_03]: I'm going to try and go.
31:46
[SPEAKER_03]: I'm going to I'm going to actually try and go this week Maybe I'll do like a little recording of I'll try and pay in Bitcoin figure that out
31:53
[SPEAKER_03]: I don't know.
31:55
[SPEAKER_03]: That's a great presentation.
31:57
[SPEAKER_03]: Again, we clicked around.
31:58
[SPEAKER_03]: It go find it on X if you want the full four minutes.
32:01
[SPEAKER_03]: But, you know, hey, it doesn't lie.
32:03
[SPEAKER_03]: They said they were going to, you know, dive into this, the freedom money Bitcoin.
32:08
[SPEAKER_03]: They really installed it.
32:09
[SPEAKER_03]: They let people pay for it.
32:10
[SPEAKER_03]: They did the, I believe they had a Bitcoin dividend for their employees.
32:14
[SPEAKER_03]: It was something like a couple cents every hour almost of Bitcoin for their bonus.
32:19
[SPEAKER_03]: And they're seeing
32:20
[SPEAKER_03]: the community embrace them because they're actually using it.
32:23
[SPEAKER_03]: They're actually doing things in the space and that's kind of the opposite of what we just talked about possibly, you know, a lot of talking, not a lot of action.
32:29
[SPEAKER_03]: Stay can shake, take an action, Brendan.
32:32
[SPEAKER_02]: You know, I'm surprised that more businesses haven't seen them saying we would say 50% on processing fees versus a traditional credit card, which to them equates to
32:46
[SPEAKER_02]: That's a lot of money.
32:47
[SPEAKER_02]: I'm surprised other businesses haven't heard that or seen that, and at least opened up to the idea.
32:52
[SPEAKER_02]: Now they don't need to go all out like Stake and Shakespeare and hop up on stage and be like, you know, crypto converts, but I'm genuinely surprised because businesses are all about how can we save money, how can we increase the bottom line, like how can we do better, especially publicly traded companies, right?
33:09
[SPEAKER_02]: Because it's all about that.
33:10
[SPEAKER_02]: It's all about the earnings call and returning shareholder value.
33:14
[SPEAKER_02]: I'm just surprised that more companies haven't done stuff like this.
33:18
[SPEAKER_02]: So props to him for being innovative, but also props to him for being pretty transparent about this.
33:23
[SPEAKER_02]: You'd have to think, I can't just can't see a world where other people would view that and say, like, how much is it really gonna cost them to integrate something like this?
33:31
[SPEAKER_02]: Not that much, especially if the margins are that big.
33:34
[SPEAKER_02]: So I don't know, man, I just, you know what I mean?
33:37
[SPEAKER_02]: I think this obviously a place for Fiat, I'm not one of those,
33:43
[SPEAKER_02]: You know, I don't want to say like, I don't know.
33:44
[SPEAKER_02]: I'm not one of the design hards where it has to be crypto or nothing, right?
33:48
[SPEAKER_02]: I think Fiat's have a place in society, banks have a place in society, but I think crypto does too, and at least get people the option.
33:56
[SPEAKER_03]: It's starting the conversation.
33:57
[SPEAKER_03]: It's it all, that the clarity act is so interesting if it's not being leaked.
34:00
[SPEAKER_03]: It's like the whole conversation of the stablecoins and the rewards is giving back to the people.
34:05
[SPEAKER_03]: Like these banks have such a, you know, a death grip.
34:08
[SPEAKER_03]: on the interest rates and you keep this money in a bank and we talked about it when I bought my condo earlier and just the housing buying process you transfer this money on a wire and then you don't you're like yeah it's gone it's out of your account don't worry it was like okay well did it hit the other account like oh we'll let you know in 48 hours it's like yeah
34:25
[SPEAKER_03]: would be worthy like it's crazy they can they try and turn around like oh don't enter in the wrong key when you're sending Bitcoin you'll never see it again it's like what if you enter the wrong key in a wire you won't know for 48 hours where you're you know $250,000 it's crazy uh but you're saying uh if you're surprised that other uh you know larger companies four to five hundred companies aren't doing this and I thought it was interesting it was like oh Brendan are you leading me into the sheet well done as a co-host over there but I should
34:52
[SPEAKER_03]: You were.
34:53
[SPEAKER_03]: I mean you were without him because look at this Walmart is now accepting big coin.
34:58
[SPEAKER_03]: This was announced a while ago.
35:00
[SPEAKER_03]: I remember it was talking about it, but it never was implemented.
35:03
[SPEAKER_03]: And so I did a little digging and I believe that this is going to start to be implemented.
35:08
[SPEAKER_03]: Now it's not, I'm sure it's not going to like Walmart.
35:11
[SPEAKER_03]: There's one on every corner, right?
35:13
[SPEAKER_03]: So, you know, I don't know if it's going to be at your local Walmart, but I did some quick research, and it's a partnership with a stable coin infrastructure partnership with one pay, partnered with Tempo, so this is going to be rolling out Walmart's expanding its tools with these platforms.
35:31
[SPEAKER_03]: The platform recently added a support for Solana Cardano Bitcoin Cash, so we've probably gone an arbitrum.
35:38
[SPEAKER_03]: Also Bitcoin and Ethereum.
35:41
[SPEAKER_03]: So I'm not sure this is basically the implementation part of like okay Walmart said where it will do it and then I think this is part two where they're now partnering with these companies and then it will roll out.
35:52
[SPEAKER_03]: So I think this is something that we will
35:54
[SPEAKER_03]: hopefully continue to see and report on with specifically Walmart and other other companies, but I don't think you can go to Walmart today and do it, it's something that they've completed a partnership with to implement.
36:07
[SPEAKER_03]: So something we will keep tabs on for sure, but again, like you said, especially those stats from stake and shake, I mean, it's hard not to see that, obviously they're not a McDonald's, but you know, they're a player in the space for sure,
36:24
[SPEAKER_03]: Let's see.
36:26
[SPEAKER_03]: Oh, sorry.
36:26
[SPEAKER_03]: Go ahead.
36:27
[SPEAKER_02]: What to do an episode where I go to Walmart and I pay for stuff in Bitcoin.
36:30
[SPEAKER_02]: I think that view.
36:31
[SPEAKER_03]: Yeah, yeah, we got to be where we're crypto journalist and we need we need to do some stuff in the field Which Bryce and I have done at the consensus a couple years ago.
36:42
[SPEAKER_03]: Yeah, yeah, I'll try and I'll try and do a little steak and shake video for the people We can bring that back to them.
36:49
[SPEAKER_03]: So what so final thoughts on Bitcoin 2026.
36:53
[SPEAKER_03]: I don't think that there was anything
36:57
[SPEAKER_03]: Yeah, there wasn't anything life-shattering, earth-shattering.
37:00
[SPEAKER_03]: A lot of talk, a lot of jargon, Michael Sailer, you know, said his normal, normal-spiel people.
37:06
[SPEAKER_03]: But it was, well, it was well-tended.
37:07
[SPEAKER_03]: It wasn't like it was an empty ghost town, even though the market's down.
37:10
[SPEAKER_03]: I thought that was interesting.
37:13
[SPEAKER_03]: And there continues just to be a lot of bullish, fundamental news.
37:17
[SPEAKER_03]: And then again, we've said the price action hasn't followed, where the first ones to show you that.
37:22
[SPEAKER_03]: But we think there's a lot of underlying technicals like we showed you at the beginning of the show.
37:26
[SPEAKER_03]: that there's uh... you know some bullish set up for for moves to the upside uh... we really hope you're enjoying the Friday show the Friday vibes are really high of the chats been active but if you could please give this show alike it really helps us grow bottom right you'll see our logo if you're new subscribe for tons of free content you know i mean we put out what
37:46
[SPEAKER_03]: four or five six videos every week from tutorials to podcast to the rundowns.
37:50
[SPEAKER_03]: It's a super fun community.
37:51
[SPEAKER_03]: We appreciate you guys joining us.
37:53
[SPEAKER_03]: And then finally, last time, check the links below.
37:56
[SPEAKER_03]: Brendan's trading course.
37:57
[SPEAKER_03]: It's open.
37:58
[SPEAKER_03]: I think it closes tomorrow or Sunday.
38:00
[SPEAKER_03]: So I think Sunday.
38:01
[SPEAKER_03]: So if you want to sign up and join him for his live trading session course next week, check that link.
38:06
[SPEAKER_03]: And then we also have a couple other stuff like the book and the, uh,
38:09
[SPEAKER_03]: So check out those links support the show get more involved in the community.
38:13
[SPEAKER_03]: We love to have you because it doesn't stop with Morgan Stanley Brendan It just keeps going like a lot of these a lot of these old guards are starting to say hey like yeah Bitcoin, you know 5% or more and then they're they're throwing out all coin portfolios and ETF So this is a T-Rope price.
38:30
[SPEAKER_03]: This is the T-Rope price index Again, this isn't saying you should put 43% of
38:36
[SPEAKER_03]: all your money in Bitcoin saying, hey, if this is the ETF that's going live for a T-Roll price, and they put a 42% waiting on Bitcoin, 19 for ETH, and then ranging from 2 to 10% for some altcoins.
38:50
[SPEAKER_03]: Link, XLM, ADA, BCH, Dogecoin,
38:54
[SPEAKER_03]: XRP shout out to the XRP Army Solana at 7% a Vax XRP at 10% Brendan.
39:00
[SPEAKER_03]: We've been trying to mention the XRP Army give a little love for the people Friend of the show Eli I was just hanging out with him at the gym I saw him at the gym this morning and he was he was asking me about XRP and so I was like well Eli you got a tune into the show But to you replace likes XRP so hey, who am I to judge?
39:22
[SPEAKER_02]: Yeah, I mean, I do hope we see an uptick.
39:25
[SPEAKER_02]: One of the things that we've seen here recently is that large caps have been outperforming just about everything else.
39:31
[SPEAKER_02]: And that was happening for a while.
39:33
[SPEAKER_02]: Now it's really condensed into Bitcoin and Ethereum.
39:37
[SPEAKER_02]: have been outperforming the vast majority of the rest of the market.
39:40
[SPEAKER_02]: You have a few outliers outside of that as we talked about the beginning, Morpho, at one point, Kanton, Aero-Drome-Leatly, Hyperlick-Wid, Sky.
39:50
[SPEAKER_02]: There's been a handful.
39:51
[SPEAKER_02]: But outside of those, for the most part, Bitcoin and Ethereum have been leading.
39:55
[SPEAKER_02]: Up until a couple of months ago, it was generally speaking all of the large caps were leading, including things like,
40:01
[SPEAKER_02]: XRP and Solana and B&B and they're all holding value pretty good.
40:05
[SPEAKER_02]: But now even those have fallen off a little bit, but you've seen a bit of divergence in terms of like, what has been holding value in appreciating well here?
40:14
[SPEAKER_02]: It's more so than some of the large caps, so I do hope we see a bit of a turnaround here in Alt, and I think it's only a matter of time until we do.
40:23
[SPEAKER_02]: But,
40:24
[SPEAKER_02]: Yeah, I think that this makes sense.
40:26
[SPEAKER_02]: You know, XRP here, one more of the heavyweight side of the index is interesting.
40:33
[SPEAKER_02]: But you got to give props where props is due, so.
40:38
[SPEAKER_03]: Yeah, hey, by the dip.
40:39
[SPEAKER_03]: So Tero price getting involved in the ETF, just a mixed bag of cryptos, if you will, ETF, which you, you'll have to see, you're going to be seeing a lot more of that and they're going to be going live.
40:51
[SPEAKER_03]: I saw Western Union,
40:53
[SPEAKER_03]: launching stable coin-based payments with Solana or on Solana.
40:57
[SPEAKER_03]: So a real-world use case for Solana.
41:00
[SPEAKER_03]: We've done a lot of awesome interviews.
41:03
[SPEAKER_03]: I feel like this year with Ethereum, with Solana, and kind of picking the brains of those foundations, and the people working and building on there, and it's kind of like, hey, how the RWA is, the real-world assets, who's coming on chain.
41:17
[SPEAKER_03]: And so Western Union is a big money transfer company.
41:20
[SPEAKER_03]: That's their one job.
41:22
[SPEAKER_03]: transfer money around the around the world, right?
41:24
[SPEAKER_03]: So they've they choose Solana.
41:27
[SPEAKER_02]: Solana's been getting a lot of attention here recently.
41:31
[SPEAKER_02]: People would be amazed at how many conversations.
41:34
[SPEAKER_02]: I know not everyone can listen to every podcast that we do, but over on the crypto 101 like actual podcast episodes, people would be amazed at how frequently we talk to people and then they just constantly bring up Solana.
41:49
[SPEAKER_02]: You would think, obviously, Ethereum has more institutional adoption, but out of the institutions and the people that we talk to, I mean, again, from all different ends of the space, they love talking about how bullish they are on Solana.
42:05
[SPEAKER_02]: And it always catches me off guard, because it's not like there's a fair distribution.
42:13
[SPEAKER_02]: It's it's
42:15
[SPEAKER_02]: it is the dominant crypto that people bring up on the podcast side whenever we have someone who is very clearly an institutional person talking.
42:23
[SPEAKER_02]: They almost always bring up in favor Solana which always stood out to me because I would have been convinced that they either would have been Bitcoin favoring or just Ethereum from an institutional standpoint and they're very that they like those right very rarely do they dislike them but they're like I had to pick one it would be Solana and here you are I mean you're seeing you get more love.
42:42
[SPEAKER_02]: So, I like them all, right?
42:44
[SPEAKER_02]: I'm bullish Bitcoin, Ethereum, Solana, I like them all.
42:46
[SPEAKER_02]: So, I'm a fan, I think they'll all win at the end of the day, but trying to give Solana some credits too, it is pretty beaten down here along with the rest of the altcoins, but they've been doing a lot and they still dominate overall the most activity in crypto.
43:02
[SPEAKER_02]: I know we just had a good podcast with them one a few weeks back, right, with the Solana Foundation.
43:06
[SPEAKER_02]: So,
43:07
[SPEAKER_03]: Yeah, again, obviously it's shameless promotion, but if you're interested in learning just some more ins and outs and deep diving on specific projects, go back in our catalog and scroll through and check out some of the episodes that are marked EP in the number, you know, EP 700 or EP 725, go check those out and see if they're any you're interesting to you because we have had a lot of great guests in the beginning of the year that Brendan did and we have a
43:31
[SPEAKER_03]: Not to not to pat our own backs.
43:33
[SPEAKER_03]: We're doing some big ones next week.
43:35
[SPEAKER_03]: I think so Definitely you know keep the channel subscribe notifications Apple Spotify YouTube the whole nine I saw a meta meta announced they will be doing stable coin payouts with stripe For creators doing some USDC also on Solana and Polygon so meta kind of the same thing just you know
43:54
[SPEAKER_03]: getting involved the stable coin thing is all the right right now because it has less friction to cost less it makes sense you know whether it's stable coins are Bitcoin you heard from stake in shake it's like this is where the pucks going uh and so you know I think you know as you continue to educate and whether it's interviews or these type of podcasts we got to try to try to snuff out as uh as educators learners and investors where where the pucks going.
44:20
[SPEAKER_03]: Met is one of the biggest names to do it.
44:23
[SPEAKER_03]: Let's see, let's do a quick clarity act update, and then we will have a couple quick hitters at the end.
44:30
[SPEAKER_03]: And we can open up for questions if anybody has any.
44:32
[SPEAKER_03]: So I saw this again, it's the same,
44:35
[SPEAKER_03]: I don't even think we need to play it, right?
44:37
[SPEAKER_03]: It's the same, it's just, you know, it's the same story, like, oh, you know, the talking heads of the crypto administration are going to say, the clarity acts moving, the clarity acts getting passed.
44:48
[SPEAKER_03]: It was just another news hit that said, hey, this is going to get marked up and on President Trump desk, he said in a junior July.
44:55
[SPEAKER_03]: So these, you know, these politicians that are involved in this keep saying that, obviously, there's, you know, a lot going on behind closed doors.
45:03
[SPEAKER_03]: But anything to add there running on the Clarity Act, I just thought it was worth at least bringing up of a national news hit like that, even though we don't really need to listen.
45:12
[SPEAKER_02]: I think it needs to happen by June or July.
45:14
[SPEAKER_03]: No, I think that's the only session.
45:16
[SPEAKER_03]: I think after that, there's something like the government outworks, there's no joint sessions to get the votes.
45:22
[SPEAKER_03]: And I think, yeah, it kind of feels like everybody's leaning towards that before August deadline.
45:27
[SPEAKER_03]: And I put a couple bets in on the betting markets Brendan with Brian, I said, is it going to get done?
45:32
[SPEAKER_03]: I said, yes, and then I also got a little extra juice on, is it going to get done before August first?
45:38
[SPEAKER_03]: I put in yesterday.
45:39
[SPEAKER_03]: Well, so
45:40
[SPEAKER_03]: little fun little prediction market bet.
45:42
[SPEAKER_03]: We're going to track here into the summer for the podcast.
45:46
[SPEAKER_03]: We all win together on that one.
45:47
[SPEAKER_03]: Not just me.
45:48
[SPEAKER_03]: It was like 50, 54 just to get done at all.
45:52
[SPEAKER_03]: And then it was 60, 65, 35 on before August 1st.
46:00
[SPEAKER_03]: Well, we'll take the juice.
46:02
[SPEAKER_03]: We'll take the juice I have a I didn't get the link there.
46:06
[SPEAKER_03]: Let's see.
46:07
[SPEAKER_03]: I definitely retweeted it.
46:08
[SPEAKER_03]: So let me go on our profile.
46:10
[SPEAKER_03]: I saw that the national debt hit an all-time record high yesterday Basically our debts are passes the size of the United States GDP for the first time since World War II That's not good
46:25
[SPEAKER_03]: not what you want to see I think crypto people are probably having a field day with this right so that's so that's my my kind of point into our next thing is like I see Nick need to be air he's the head of something on Twitter I don't know what his exact title is
46:41
[SPEAKER_03]: let's see head of product on x and he says the most snooze topics launching uh... the most snooze topics as a feature they launched you can snooze topic the number one thing is crypto cryptos snooze and then if you go over to uh... you know i saw this stat on crypto youtube
46:59
[SPEAKER_03]: Let me scroll down and see if it was like crypto YouTube's at an all-time bottom here.
47:03
[SPEAKER_03]: Look at this thing crypto YouTube the last all-time high everybody wanted in and everybody got in and just dwindled down I mean that's like that's that's more than half that's like 70% 80% drawdown on all the crypto YouTube's across the space that have solid followings and so number one if you're watching us on YouTube right now we really appreciate you still being here
47:29
[SPEAKER_03]: But crypto's dead, YouTube's dead, crypto's Twitter's dead, but also, I love that.
47:39
[SPEAKER_03]: I love that.
47:39
[SPEAKER_03]: That feels good almost.
47:42
[SPEAKER_02]: Yeah, I mean, I think the weekends are going to get shaken out.
47:47
[SPEAKER_02]: They always do.
47:47
[SPEAKER_02]: And as someone who's been around in this space for a long time,
47:53
[SPEAKER_02]: It happens right you go from the peaks to the troughs to the peaks to the troughs and you go up and down and it obviously correlates with price it makes sense right people are the most excited to watch and learn about stuff after they've made a bunch of money or they see other people make it a bunch of money and then when it's low people are like, oh come back to it, I'll hop in the time machine, I'll occupy my mind with other things and then I'll come back once it's doing better.
48:18
[SPEAKER_02]: But yeah, it is it is I mean, you can see it.
48:22
[SPEAKER_02]: I feel like you can see it.
48:23
[SPEAKER_02]: You can feel it.
48:23
[SPEAKER_02]: I know you're a media guy.
48:24
[SPEAKER_03]: So you probably definitely see it, but I say multiple times on the show.
48:29
[SPEAKER_03]: It's like, yeah, I realize the numbers go down with the price action, but we have a great base on this show.
48:40
[SPEAKER_03]: you know handhold it from writing the scripts the run down to producing it to editing it to uploading it you know everybody sees me in the comments and I'm always trying to respond and build the community for the audio and the in the YouTube so
48:53
[SPEAKER_03]: I love doing it.
48:53
[SPEAKER_03]: We're not going to be stopping.
48:55
[SPEAKER_03]: And again, the masses come back.
48:56
[SPEAKER_03]: They always do when the price comes back.
48:58
[SPEAKER_03]: But if you're here now, that's where the alphas, right?
49:00
[SPEAKER_03]: That's where the real, the real alphas being here right now and also taking your trading course and being in the community.
49:05
[SPEAKER_03]: We have came and gave me the link for the collective brand.
49:08
[SPEAKER_03]: And we haven't talked about the collective before.
49:10
[SPEAKER_03]: But if you're ever interested in joining us in person,
49:13
[SPEAKER_03]: We've been doing some in-person events, we've been keeping it pretty quiet, it is for accredited investors only.
49:20
[SPEAKER_03]: So you have to qualify for it, but I did put a link in the YouTube and the podcast for the collective where you can meet Brendan, you can meet Bryce and be a part of, you know, a fun couple days and where we just kind of break down everything that's going on in crypto and and do it together in person.
49:38
[SPEAKER_03]: So that enters anybody, check it out.
49:40
[SPEAKER_03]: You do have to qualify, but the information's there on the link.
49:43
[SPEAKER_03]: And then I don't think crypto's dead at all.
49:45
[SPEAKER_03]: I think I think we'll be back.
49:47
[SPEAKER_03]: I love saying the same side of the boat.
49:49
[SPEAKER_03]: I was going through those stats of everybody's muting, everybody's muting crypto on X.
49:54
[SPEAKER_03]: Nobody's watching crypto YouTube anymore.
49:56
[SPEAKER_03]: And I was just like, man.
49:58
[SPEAKER_03]: at least I'm not that side of them or no, I said, it's a man.
50:01
[SPEAKER_03]: I was like, well, I'm definitely on the other side of the boat on that one.
50:03
[SPEAKER_03]: So I always say I don't like being on the same side of the boat as everybody else, and that's just how I've always lived my life in general.
50:11
[SPEAKER_03]: So I didn't, I didn't feel left out on that one, but make sense.
50:19
[SPEAKER_03]: I didn't let's see if there's any questions.
50:21
[SPEAKER_03]: Holy whales down there.
50:23
[SPEAKER_03]: Conor says we're just getting started.
50:25
[SPEAKER_03]: I didn't get any questions.
50:27
[SPEAKER_03]: When's the, okay, when's the predicted date here?
50:30
[SPEAKER_03]: Holy whale.
50:30
[SPEAKER_03]: When's the predicted date for the hype ETF?
50:33
[SPEAKER_03]: I think, well, I mean, I can look it up real quick.
50:35
[SPEAKER_03]: I usually get Bloomberg updates if there's an update on it.
50:40
[SPEAKER_03]: So it looks like it was 21 shares.
50:43
[SPEAKER_03]: This is from April 21.
50:45
[SPEAKER_03]: I'm sorry, April 14th, my apologies.
50:49
[SPEAKER_03]: Moving closer, SEC reviews application.
50:52
[SPEAKER_03]: 21 shares updated.
50:53
[SPEAKER_03]: It's hyper liquid ETF on April 14th.
50:56
[SPEAKER_03]: That shows that seems to be moving closer, but no other news other than that.
51:04
[SPEAKER_03]: So we'll keep an eye on it for you.
51:06
[SPEAKER_03]: We'll keep an eye on the IPTF.
51:08
[SPEAKER_03]: Let's see Friday vibes.
51:10
[SPEAKER_03]: It's we got it.
51:11
[SPEAKER_03]: We had our poll will Bitcoin hit 90 k before 60 k 87% say yes, so more bulls than bears in the chat but a couple bears a couple bears in there and it's totally it's totally possible Yeah, it's totally possible But any final thoughts from you Brendan as we wrap up our show on a fantastic Friday
51:30
[SPEAKER_02]: You know, I'd say final thoughts here are really locking on the markets.
51:33
[SPEAKER_02]: I think we're at an important time.
51:35
[SPEAKER_02]: You have a lot of long-term stuff saying you need to keep an eye on the the crypto market for some upside on the downside.
51:42
[SPEAKER_02]: You know, we're still at that pivotal moment.
51:44
[SPEAKER_02]: I think this is
51:46
[SPEAKER_02]: a critical point in the charts as we're trying to decide what we want to do.
51:50
[SPEAKER_02]: I'd say buckle your seat belts.
51:52
[SPEAKER_02]: I think crypto is still overextended to the downside.
51:56
[SPEAKER_02]: I think the spring is coiled.
51:57
[SPEAKER_02]: People need to lock in.
51:59
[SPEAKER_02]: It always bottoms when you're least expected.
52:01
[SPEAKER_02]: It always works like that.
52:04
[SPEAKER_02]: And I think on the way up there's going to be a lot of really salty.
52:09
[SPEAKER_02]: You know, I was going to say there's going to be a lot of salty bears.
52:10
[SPEAKER_02]: There is.
52:11
[SPEAKER_02]: I think there's even going to be a lot of salty bowls on the way up who just had not accumulated.
52:17
[SPEAKER_02]: They were so so focused that price is going to go lower.
52:20
[SPEAKER_02]: They were going to have longer to accumulate that this and that would have happened.
52:26
[SPEAKER_02]: The thing that I'll leave us on is that every single cycle, bullish or bearish, there are people who over exaggerate in both directions.
52:34
[SPEAKER_02]: In a bull market, there's people telling you, we, you know, in the last one, there's people telling you we're going to go to 500,000.
52:39
[SPEAKER_02]: We're going to go to a million.
52:40
[SPEAKER_02]: We're going to go to 10 million.
52:41
[SPEAKER_02]: In the bear markets, it's the exact same thing, just different people in the different direction.
52:47
[SPEAKER_02]: There's people telling you in the bear market, guys, we're going to go to 30k.
52:50
[SPEAKER_02]: We're going to go to 10k on Bitcoin.
52:52
[SPEAKER_02]: We're going to go to 5k.
52:53
[SPEAKER_02]: It's going to go to 0.
52:54
[SPEAKER_02]: People are extreme, and they are wrong about both of them.
52:59
[SPEAKER_02]: The bull market and the bear market.
53:01
[SPEAKER_02]: There's people who are just astronomically out of place in the bull market.
53:04
[SPEAKER_02]: And then there's people who are astronomically wrong in the bear market.
53:07
[SPEAKER_02]: There will always be two sides to that point.
53:09
[SPEAKER_02]: There will always be extremes.
53:10
[SPEAKER_02]: And I think the issue with where we're at right now is while it's possible for us to go lower.
53:14
[SPEAKER_02]: people will get caught off guard by when the market bottoms.
53:17
[SPEAKER_02]: They're not going to be content with how much exposure they got and I think that there's going to be a lot of bears and bulls that are salty once the bottom itself actually happens and we really start seeing a nice recovery.
53:27
[SPEAKER_02]: So my goal here is to not be one of those people right I don't want to overextend myself where I'm toothed in and I'm comfortable with my position.
53:36
[SPEAKER_02]: But I also want to make sure that as someone who personally believes that this space is going to be able to recover, well, I want to be buying things that I'm very long-term bullish on with capital that I don't need any time soon.
53:48
[SPEAKER_02]: That's how I want to position myself here.
53:51
[SPEAKER_02]: So yeah, you know, that's what I'm thinking here to you, though.
53:54
[SPEAKER_03]: yeah and that's what you teach again in that course it's like hey you're learning tools like how do i trade in this environment how do i do risk reward ratios and how do i make sure that in my trades i set stop losses versus market orders and market sales it's like that's that next level so if you're interested in that next level uh check out the course do it with bread and do with us here crypto 101 uh you're all family no matter what audio youtube or in the community
54:20
[SPEAKER_03]: But obviously in the community, you get more access to us and a lot more learning and education, and we appreciate everybody who tuned in today I hope everybody has an awesome weekend may first may first we'll see you next week I guess on May 4th may the fourth be which with you That's all the fun one for Star Wars fans One final call give it a like if you're new bottom right subscribe I hope everybody has an awesome awesome weekend Thank you is always for tuning in.
54:46
[SPEAKER_03]: We truly are grateful for every one of you and we'll talk to you all next week.
54:50
[SPEAKER_03]: Bye