Latest / CRYPTO 101 / Crypto Rundown: A Rare Bitcoin Signal Just Flashed (Last Seen Before Huge Moves)

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Crypto Rundown: A Rare Bitcoin Signal Just Flashed (Last Seen Before Huge Moves) · CRYPTO 101

0:07
[SPEAKER_02]: All right, everyone.
0:08
[SPEAKER_02]: Welcome back to the crypto 101 podcast.
0:11
[SPEAKER_02]: We have an awesome episode for you today on the run down something has just changed the macro economy and crypto has not yet reacted to it about at the same time Bitcoin is flashing a rare bottom signal that we're going to cover today and spark smart money continues to quietly pile in at these prices and JP Morgan leaking that the clarity act is on its way to the finish line.
0:33
[SPEAKER_02]: We've got all that for you and more, including a Moment of Money Makers Update.
0:38
[SPEAKER_02]: Bryan's here with us today.
0:39
[SPEAKER_02]: We have some great updates from the Moment of Money Makers community.
0:43
[SPEAKER_02]: They've had some winners.
0:44
[SPEAKER_02]: I see on the sheet a three-exer.
0:46
[SPEAKER_02]: We're going to cover and many, many more things on our rundown today.
0:50
[SPEAKER_02]: Thank you all for joining us.
0:51
[SPEAKER_02]: If you're interested in a specific topic, check the timestamps below it.
0:54
[SPEAKER_02]: If you want to listen to the whole thing, we really appreciate it.
0:57
[SPEAKER_02]: Either way, give us a thumbs up.
0:58
[SPEAKER_02]: And if you're new, bottom right hit the logo and subscribe.
1:01
[SPEAKER_02]: Bryan, welcome my friend.
1:02
[SPEAKER_02]: Happy Thursday.
1:04
[SPEAKER_00]: what an intro.
1:05
[SPEAKER_00]: I've been meaning to ask you this for months now.
1:09
[SPEAKER_00]: Do you like practice that or prescript that intro?
1:12
[SPEAKER_00]: Because it's so smooth, it's exactly what we're working down on our sheet.
1:16
[SPEAKER_00]: It's unbelievable, man.
1:18
[SPEAKER_00]: So whatever Tiva just said, that's what we're breaking down.
1:20
[SPEAKER_00]: And it's do you practice it?
1:23
[SPEAKER_02]: It's like the how many licks does it take to get to the center of a
1:31
[SPEAKER_00]: One of the first questions I asked chat GPT when it was released and I'd brought up all these like Harvard studies.
1:37
[SPEAKER_00]: How many of you looks?
1:38
[SPEAKER_00]: It takes to get to the center of a trip to football, I was like, let's see how accurate this AI stuff is.
1:45
[SPEAKER_02]: I love it.
1:45
[SPEAKER_02]: But we got a great showman.
1:46
[SPEAKER_02]: We'll dive into it.
1:47
[SPEAKER_02]: We got, let's just start with a quick macro outlook as we do.
1:50
[SPEAKER_02]: I think the most interesting thing.
1:52
[SPEAKER_02]: is it's been pretty quiet on the Twitter front, on the war front, things seem to be calm down for now as we all know that can change in the instant, literally a tweet.
2:01
[SPEAKER_02]: But one of the most interesting things is that the S&P 500 is back to all time highs.
2:08
[SPEAKER_02]: That didn't take long folks.
2:10
[SPEAKER_02]: How about that?
2:10
[SPEAKER_02]: The S&P 500, the Nasdaq, the Dow, all creeping towards the tipi top of the charts.
2:16
[SPEAKER_02]: And the S&P 500 officially closed that in all time high.
2:22
[SPEAKER_02]: You
2:23
[SPEAKER_02]: Again, I don't, I really, I know we're going to dive into the crypto specifics about, you know, the market in a second here, but I really think it's a testament to just how strong these markets are, how much liquidity is out there.
2:37
[SPEAKER_02]: And these markets have survived so many things of, you know, going back from, you know, the great financial crisis to COVID, to the war, to the tech, the Ukraine war, the Russia war, to the tech, the tech self, Brian, your vibrations coming through really loud there.
2:53
[SPEAKER_02]: that we want to just make sure that, you know, do you understand what these assets are?
2:59
[SPEAKER_02]: And I can't, I'm not an economist, so I can't dive in and talk about different this different than that.
3:03
[SPEAKER_02]: I just want some of these companies are bigger than countries.
3:06
[SPEAKER_02]: Like I believe California just came in, their economy is larger than like the fourth largest country in the world.
3:13
[SPEAKER_02]: I believe they just passed Japan.
3:15
[SPEAKER_02]: So some of these, some of these companies are just
3:19
[SPEAKER_02]: This just, I have so much liquidity and it's just a different era of investing and I think that I kind of lost my train of thought there, but it just it blows my mind how quick these V shape recovery is are and I think we've got to credit to the show.
3:34
[SPEAKER_02]: because we pulled out a stat where it was, we weren't necessarily calling the bottom, but we pulled up that stat when it was wartime.
3:41
[SPEAKER_02]: It was like, hey, traditionally, the market bottoms within 10% of the wars duration.
3:46
[SPEAKER_02]: And I think this quote unquote war was a lot different than a lot of historical wars, but, you know,
3:52
[SPEAKER_02]: Basically, it still happened because it was that March bottom a couple weeks ago, and then it kind of, you know, trended along the bottom when you're talking about the S&P.
3:59
[SPEAKER_02]: And now we're back to all-time highs.
4:01
[SPEAKER_02]: So what is that lead us into the markets?
4:03
[SPEAKER_02]: Brian, I want your take.
4:04
[SPEAKER_02]: What do you think about S&P 500 all-time highs heading into the weekend here?
4:08
[SPEAKER_02]: And what are you looking for crypto-wise?
4:11
[SPEAKER_02]: Because again, these fundamentals are so strong.
4:13
[SPEAKER_02]: We're going to cover that again.
4:13
[SPEAKER_02]: And Bitcoin's creeping up, Ethereum's creeping up.
4:16
[SPEAKER_02]: So a lot is creeping up, but we haven't seen that huge candlestick yet that might bring in
4:22
[SPEAKER_00]: Yeah, this is kind of what we are expecting for quite some time.
4:25
[SPEAKER_00]: We've been saying, we're not just going to shoot back to all-time highs in the crypto prices, but there's certainly going to be some signs that we're getting out of this range.
4:35
[SPEAKER_00]: We've been talking about you nailed a table breaking it down S&P 500 hitting all-time highs.
4:41
[SPEAKER_00]: There's there's massive liquidity being thrown around there, even with
4:45
[SPEAKER_00]: a lot of uncertainty around the macro.
4:47
[SPEAKER_00]: I mean, we have, for goodness sake, we have precious metals or oil, these commodities trading like meme coins over the past couple weeks.
4:54
[SPEAKER_00]: We have oil to $120, oils down to $80.
4:57
[SPEAKER_00]: We have obviously the volatility with Trump in the administration.
5:01
[SPEAKER_00]: We have the war with Iran.
5:03
[SPEAKER_00]: We have fed changes that are bringing some uncertainty.
5:08
[SPEAKER_00]: But with that all being said, we're hitting all the time highs with the S&P 500 and we're v-shape recovery
5:14
[SPEAKER_00]: I like it.
5:16
[SPEAKER_00]: It feels good, man.
5:17
[SPEAKER_00]: It feels good than staring out of fear and greed meter at nine.
5:20
[SPEAKER_00]: Now we're in the 50s in Bitcoin and the rest of the market seem to stabilize and I mean, look at that.
5:28
[SPEAKER_00]: I mean, that is the V shape of all V shape recoveries and hit in all time highs.
5:34
[SPEAKER_00]: Yeah, especially with like, you know, there's a lot of macro stuff going on that could that could change things, but there's liquidity out there.
5:41
[SPEAKER_00]: So it's very, very encouraging and it makes me very encouraged for Bitcoin and Ethereum.
5:47
[SPEAKER_00]: I think we've been saying over the past few weeks and past couple months and.
5:51
[SPEAKER_00]: We always want to give it this closure that there could be a black swan event, a huge and other macro event that we could go lower, but it certainly feels like we kind of bought them, take that local bottom with a lot of these cryptos with the fear and greed meter.
6:06
[SPEAKER_00]: We talked about it on these run downs about how we're just waiting to see some strength in the market.
6:11
[SPEAKER_00]: So personally, I'd love to see as us consolidate right around this $74,000 range.
6:16
[SPEAKER_00]: which it feels like we've been doing for quite some time, just let's consolidate.
6:20
[SPEAKER_00]: Let's just, you know, have that coil just build up and then close above 76k and I think when that happens, we're going to probably be talking about an $80,000 Bitcoin where it goes from there.
6:32
[SPEAKER_00]: There's a lot of variables, but right now.
6:37
[SPEAKER_00]: things feel strong, or things feel really, really okay.
6:40
[SPEAKER_00]: I think the feeling would read me to write around a 50 or 53 whatever it's at neutral is pretty fair where the sentiment feels to be.
6:48
[SPEAKER_02]: I love that.
6:49
[SPEAKER_02]: And kind of build on that point.
6:51
[SPEAKER_02]: It feels like, I guess if the bottom fell out here, it's, you know, in the six, it's been in that 60 to 75 range.
6:59
[SPEAKER_02]: If the bottom fell out, and we went into the 50s and 40s, which a lot of bears are still calling for.
7:03
[SPEAKER_02]: I don't see the reason why.
7:07
[SPEAKER_02]: I feel like it would be hard, you know, when that happens, there will be something that people will pull at to, uh,
7:13
[SPEAKER_02]: to maybe give it a reason or like you set a black swan but I feel I feel comfortable here and I know we've said it Brendan and I have talked about it as well as this range that we've been in here.
7:23
[SPEAKER_02]: We felt very comfortable kind of DCAing adding to our bags very slowly Not personal financial advice just something that we were doing Maybe even getting a little bit more aggressive on the long side which I was doing in the 60s But also not it wasn't enough it's with everything going on like the war in the environment.
7:40
[SPEAKER_02]: It was not you know and all
7:42
[SPEAKER_02]: in moment.
7:42
[SPEAKER_02]: There was a lot of confusion there.
7:45
[SPEAKER_02]: But you kind of had to look through it and see that, you know, brighter days could be ahead.
7:50
[SPEAKER_02]: And I find it interesting that the S like we talked about the top of the show, that's P500, just complete V shape, back to the top.
7:57
[SPEAKER_02]: And what you haven't seen yet, and I bring this up because I believe that crypto, especially these blue chips, are so tied into
8:05
[SPEAKER_02]: Traditional finance now that I like talking about it.
8:07
[SPEAKER_02]: I know a lot more, you know, especially when you're in the trenches I don't think it really ties to it as much, but I believe that so, you know, if I'm on the show that's kind of where my mind goes And I find it interesting that we we kind of v-shaped that back up and so, okay, well, what does that mean?
8:22
[SPEAKER_02]: What's going to be leading the way and you can still pull up, you know, that the the kind of storyline that we tied with Bitcoin being Going down and kind of in lockstep with the IGV
8:34
[SPEAKER_02]: the IGV's been having a little bit of a quote unquote come back so a lot of these software stocks that got thrown away AI is going to take over there's going to be a little bit of a re-rating here I think and I think you know is AI going to take some software companies down absolutely we've all talked about you know how AI is infiltrating the workplace.
8:53
[SPEAKER_02]: But are there companies that, you know, worth billions of dollars is going to be worth zero to tomorrow, probably not.
9:00
[SPEAKER_02]: And so I think this, there's going to be this kind of re-rating of a lot of these companies that got thrown out and came down, like we've talked about 20, 30, 40, 50% and then Bitcoin got caught up in that down draft two.
9:12
[SPEAKER_02]: So I think it's an interesting time for these.
9:14
[SPEAKER_02]: I think you got to do your research.
9:16
[SPEAKER_02]: It's definitely, you know, they call it a stock picker's market when you want to pick stocks and not necessarily be in these large index funds like the IGV because you're probably going to get some asymmetrical upside for the winners that actually come out of this thing and, you know, for long term, I think big coins, one of those.
9:35
[SPEAKER_02]: So I, I really like what we're doing here, we kind of said we're grinding higher grinding higher.
9:40
[SPEAKER_02]: I like that because maybe we look back at 80k and we just kind of slowly grinded to it and then you get that, you know, 5% candle and then it's 85, then it's 88.
9:50
[SPEAKER_02]: And it's like, you can kind of feel, I think I said it on the last time we did it last week.
9:56
[SPEAKER_02]: I said, I feel like the pain trades higher.
9:58
[SPEAKER_02]: I said that.
9:59
[SPEAKER_02]: I said, I feel like the pain trades higher.
10:01
[SPEAKER_02]: And I meant that for Bitcoin and for the S&P 500, which again is higher.
10:10
[SPEAKER_02]: Territory that are on the sidelines.
10:13
[SPEAKER_02]: So let's take a look, Brian.
10:14
[SPEAKER_02]: I'd like to get your thoughts on this.
10:16
[SPEAKER_02]: I saw CoinDesk tweet this out.
10:17
[SPEAKER_02]: I like to pull different metrics and stuff when I see this, like, catchy headline and I like to get everybody's take on it.
10:23
[SPEAKER_02]: So the Bitcoin funding rates have hit their most negative levels since 2023.
10:29
[SPEAKER_02]: Historically, deeply negative funding rates have coincided with local bottoms, including March 2020, mid 2021.
10:37
[SPEAKER_02]: and the FTS collapse in 2022.
10:39
[SPEAKER_02]: Are you buying the cool aid on this?
10:41
[SPEAKER_02]: The funding rates?
10:43
[SPEAKER_00]: It's it.
10:44
[SPEAKER_00]: Are the funding rates pointing us into getting out of a bear market and going into a bull market?
10:49
[SPEAKER_00]: Then it's a hard.
10:50
[SPEAKER_00]: Yes.
10:52
[SPEAKER_02]: You want a nice cup of that cool aid?
10:55
[SPEAKER_00]: I, I, I, I, I think it's a, it's a hard hard.
10:59
[SPEAKER_00]: Yes.
10:59
[SPEAKER_00]: Uh,
11:00
[SPEAKER_00]: You know, every single time deeply negative funding grades printed, it usually marked a local low and at the stage for violent short squeeze and really strong bounces.
11:12
[SPEAKER_00]: So that's what this is kind of showing and I feel like that's kind of what the vibe is in the room as well from just a fundamental analysis as well.
11:21
[SPEAKER_00]: It feels like.
11:22
[SPEAKER_00]: Sentiment is washed, leverages one side in the spot, a spot marked quietly absorbing this supply.
11:29
[SPEAKER_00]: And then when the squeeze flips, short to get liquidated, funding skip flip positive.
11:35
[SPEAKER_00]: And then the FOMO crowds get pile right back in because they were leaving over the past few months.
11:41
[SPEAKER_00]: So I think there's a real opportunity here where we start to see some major FOMO into the price of Bitcoin and some of these big time alt.
11:50
[SPEAKER_02]: Great analysis couldn't agree more and I love because as the producer of the show Right, I'm trying to grab these.
11:56
[SPEAKER_02]: I'm trying to weave in these story lines and something that I know you were here with us a couple weeks ago.
12:01
[SPEAKER_02]: This was probably three weeks ago now We were kind of pulling up the the betting market odds of where Bitcoin's price was going to go and we said We always put it in our repertoire of kind of the data of kind of parsing through the data and seeing what people are thinking
12:20
[SPEAKER_02]: It was, you know, 50% odds I was going to hit 45k and we kind of were looking at these.
12:25
[SPEAKER_02]: And that's when I started to scratch my head and I said, everybody seems to be on the same side of the boat as that.
12:30
[SPEAKER_02]: I was thinking of that price target, like there's that big support level in the 40s and I was like, man, everybody, the majority thinks we're heading, you know, blow 50 and, you know, it's almost a coin flip that we're going to go to 40 and we're sitting here at 60 to 68.
12:42
[SPEAKER_02]: I was like, that feels a little one side of the boat.
12:45
[SPEAKER_02]: The boat felt like it was, you know, it was a rock in a little bit, right?
12:49
[SPEAKER_02]: You know, and now look at everybody.
12:50
[SPEAKER_02]: Everybody's evening out.
12:51
[SPEAKER_02]: They're kind of, they're starting to sparse through the cabin.
12:54
[SPEAKER_02]: Maybe it's happy hour at the bar on this yacht.
12:56
[SPEAKER_02]: And everybody's starting to go to the bar.
12:57
[SPEAKER_02]: People are sparsing because now, you know, this was 60% last week.
13:00
[SPEAKER_02]: Now there's only a 38% chance that Bitcoin dumps to 60.
13:05
[SPEAKER_02]: That was that was 60 a couple weeks ago and it was even 50% that it was going to go to 50 and the odds of BTC pumping to 80,000 are rising so kind of exactly as we diagnosed a couple weeks ago is just saying hey this this prediction seems a little crowded it feels like everybody
13:23
[SPEAKER_02]: thinks that this is going to happen and the you know the shoes going to fall in Bitcoin.
13:29
[SPEAKER_02]: And again, it works both ways.
13:30
[SPEAKER_02]: It's very similar to kind of the foam of phase when we were kind of hitting in the 120s for a while, right?
13:35
[SPEAKER_02]: And we just kind of, you know, the at least on crypto Twitter, it was all just like the blow off top is coming.
13:41
[SPEAKER_02]: This is the cycle we've seen it before.
13:43
[SPEAKER_02]: This is the blow the blow off top's coming.
13:46
[SPEAKER_02]: And then everybody kind of got caught off sides on that one, right?
13:49
[SPEAKER_02]: So,
13:49
[SPEAKER_02]: You know, it works both ways, but anything you're anything to take away from these odds flipping.
13:56
[SPEAKER_00]: I think the biggest takeaway is credit to us, I feel like we've been playing this pretty well from our own gut in the fundamentals in our analysis and anything could happen.
14:09
[SPEAKER_00]: I think the biggest thing about these just the straight-up the odds here with something that's data-oriented is 100% chance that nobody knows anything.
14:18
[SPEAKER_00]: You know, the price could move up and down for a variety of different reasons.
14:23
[SPEAKER_00]: But like you, like you just mapped out, we've mapped out and passed rundowns is, and we're going to talk about it more here, is that smart money and institutions have not been faced by this downtick in Bitcoin.
14:36
[SPEAKER_00]: And it certainly felt like it was one sided.
14:38
[SPEAKER_00]: I mean, when people start talking about what color lambo they're going to buy with their Bitcoin holdings at 120,
14:44
[SPEAKER_00]: Yes, I get wrapped up with that as well because it's just nothing goes up in a straight line and we've seen this time and time again where there's corrections, but institutions didn't waiver you know some short term retail certainly sold have some friends that were kind of this is their first cycle go around and they sold and kind of now they're coming back out of it a little bit just from the
15:06
[SPEAKER_00]: the vibes of my close inner circle of people that aren't in crypto is close to us.
15:10
[SPEAKER_00]: They're asking me Bitcoin going back to all time high.
15:13
[SPEAKER_00]: So the sentiments certainly changing looks like the price action is supporting it
15:20
[SPEAKER_00]: Again, there's a lot going on with geopolitical wise and everything with the administration and the clarity act, but it does feel like there's less flood out there and there's a path here for us to get back into out of this range and up into the 80s and then who knows where we go from there?
15:38
[SPEAKER_00]: This is a very similar feeling to other lows and other bear markets and how we've gotten out of them.
15:45
[SPEAKER_00]: That's why I think we've been pretty encouraged and we've been trying to tell the community like,
15:50
[SPEAKER_00]: Don't fret too much.
15:51
[SPEAKER_00]: We understand volatility.
15:52
[SPEAKER_00]: Nobody loves it in the present moment, but that can give a really nice opportunity.
15:56
[SPEAKER_00]: And it looks like it's really presenting itself because it looks like the majority now is on that we're going to see higher prices.
16:04
[SPEAKER_02]: Yeah, it was a good exercise and I hope it comes to fruition with Bitcoin specifically.
16:10
[SPEAKER_02]: Like I really want to see that six figure number once again this year.
16:15
[SPEAKER_02]: I really do and I think that can happen because it was a great exercise in testing your thesis and you still believe and I think we've done a great job kind of saying, hey, what was the storyline, what could be happening from a macro perspective, a black pawn perspective,
16:34
[SPEAKER_02]: And this was a great kind of, again, the market is always going to throw you a curve ball no matter what market you're in and you're going to test your thesis.
16:41
[SPEAKER_02]: And I think I really, I'm proud of myself of my crypto thesis.
16:45
[SPEAKER_02]: I felt strong.
16:46
[SPEAKER_02]: I felt consolidated on my conviction.
16:49
[SPEAKER_02]: And then in the regular markets too, like I definitely took some buys.
16:53
[SPEAKER_02]: Like I was looking at, uh,
16:54
[SPEAKER_02]: You know, since we hit the S&P today, I was looking at what I bought the dip on and I was really proud of it.
16:59
[SPEAKER_02]: It was like, you know, some Netflix and some of those companies that like, hey, I don't think these companies are going away.
17:05
[SPEAKER_02]: They have more momentum ahead of them.
17:07
[SPEAKER_02]: And I think that's true for Bitcoin as well.
17:09
[SPEAKER_02]: And we're not alone on that Brian.
17:11
[SPEAKER_02]: We're not alone at all because as much as we were talking about this on the show, if you're a avid listener, we're saying, hey, there's a lot of these old wallets.
17:18
[SPEAKER_02]: There's a lot of these whales that are offloading a little bit.
17:21
[SPEAKER_02]: Well, now the opposite.
17:23
[SPEAKER_02]: is happening.
17:25
[SPEAKER_02]: The whales are loading up.
17:26
[SPEAKER_02]: You brought this to our attention today, so why don't you take it and break it down?
17:30
[SPEAKER_00]: Yeah, well, when we saw Bitcoin at all time, highs, 110, 115,000, we kept talking about how there's a lot of self pressure from Wales, and they, they usually follow that four-year Bitcoin cycle pretty closely, and I was pretty adamant, I didn't think this would be like a standard four-year cycle, and I stand corrected because it feels like this is playing out like past four-year cycles in those Wales, or probably Wales for a reason, and they sold the
17:59
[SPEAKER_00]: And now it feels like they're buying the bottom because they bought 270,000 Bitcoin in the last 30 days.
18:05
[SPEAKER_00]: And that's the most of these whales.
18:07
[SPEAKER_00]: These really large wallets have accumulated since 2013.
18:11
[SPEAKER_00]: So not only do we have institutions buying.
18:14
[SPEAKER_00]: We got countries talking about it.
18:15
[SPEAKER_00]: We got regulations coming about.
18:19
[SPEAKER_00]: And we now have these major Bitcoin OG whales gobbling up Bitcoin again.
18:24
[SPEAKER_00]: It's just to go to show you that.
18:25
[SPEAKER_00]: I think that we're going to probably be moving to the next leg up.
18:28
[SPEAKER_00]: Again, not finding a choice because they think it happened, but it makes me very excited for the upcoming market.
18:34
[SPEAKER_02]: Yeah, I feel like this is one of those stats that you kind of need to marinate in.
18:38
[SPEAKER_02]: I don't think this is necessarily a burger where you buy it at the store, you pat it up, you throw it on the grill.
18:43
[SPEAKER_02]: This is more of a little, this is a pork loin.
18:45
[SPEAKER_02]: This might be some some barbecue.
18:47
[SPEAKER_02]: This might be some ribs.
18:48
[SPEAKER_02]: Something got to put on the grill and you're letting it cook it you're letting it cook You're letting that cook all night.
18:52
[SPEAKER_02]: You might do it the night before if the barbecue's on Sunday You're actually stoking the fire Saturday night if you will.
18:58
[SPEAKER_02]: Let's read that again.
18:58
[SPEAKER_02]: Wales are buying Bitcoin over the last 30 days.
19:02
[SPEAKER_02]: The biggest accumulation since 2013 That's I mean that's that's that sounds tasty
19:11
[SPEAKER_00]: That's real tasty.
19:12
[SPEAKER_00]: What was Bitcoin trade net in 2013?
19:14
[SPEAKER_00]: Oh, no, no more.
19:18
[SPEAKER_00]: I'm going to look it up couple couple like we get off for a couple of them back then.
19:23
[SPEAKER_00]: That's a show grand them to get up in 13.
19:26
[SPEAKER_00]: It started at 13 dollars and it capped off the cat here at 800.
19:32
[SPEAKER_02]: eight hundred man eight and you could buy a house back in nineteen uh... forty five for that one big one that had been great measure if we could buy some houses for eight hundred dollars and then lovely uh... but i'd that that that's that kind of blows my mind that's that that's kind of one of the ones again i'd joke about the marinating but that's like
19:51
[SPEAKER_02]: That's pretty awesome.
19:52
[SPEAKER_02]: That's good to see.
19:53
[SPEAKER_02]: That's very bullish.
19:54
[SPEAKER_02]: And it'll be interesting to see how that, this is one of one for producers know, putting a pin in it.
20:00
[SPEAKER_02]: It'll be great to revisit this in like a month, three months, six months and see where kind of from this point when these buys were going on where price action goes because that is quite the stat.
20:10
[SPEAKER_02]: Another thing.
20:12
[SPEAKER_02]: J.P. Morgan getting ahead of the game for Clarity Act front of the show Damie Diamond J.P. Morgan analysts are saying that the Clarity Act is nearing a breakthrough lawmakers are
20:29
[SPEAKER_02]: A lot of people that I see in the space, both crypto-specific and kind of that macro, you know, the normal people on the Fox business news channels and the CNBCs of the world are saying that they think the Clarity Act could be the green light for, you know, Bitcoin to maybe go off to the races, or crypto to come back and those crypto plays, crypto stocks and Bitcoin.
20:51
[SPEAKER_02]: I don't disagree just because it's big headline, but I thought it was really interesting that JP Morgan people
20:58
[SPEAKER_02]: are kind of leaking this uh... what do you think
21:02
[SPEAKER_00]: Yeah, I think it's pretty interesting as well.
21:04
[SPEAKER_00]: We've heard a lot about this Clarity Act and the odds have obviously yo-yoed quite a bit.
21:10
[SPEAKER_00]: But the bottom line, it does feel like there's starts to be some bullish momentum for this Clarity Act over the next two to four weeks.
21:19
[SPEAKER_00]: I know there's a pretty big date there with the town or with the midterms we've talked about this.
21:26
[SPEAKER_00]: So it does feel like there's becoming a little bit more urgency from the banks to get this done.
21:30
[SPEAKER_00]: And I don't want to misspeak here, but I believe I saw that Brian Armstrong is kind of okay with the most recent revision of it and that's with all this stable coin yield and I don't want to speak out of turn too much because I haven't read that recently very recently, but I'm pretty sure that things sounds like both sides are leaking some positive news towards the clarity act.
21:56
[SPEAKER_00]: and now the timelines get crouched.
21:58
[SPEAKER_00]: So this is either going to happen or not over the next few weeks and with JP Morgan leaking this, especially with, they've had some negative comments, you know, just only a month ago.
22:09
[SPEAKER_00]: Now it looks like they're leaking some positive comments, saying that it's merely complete.
22:15
[SPEAKER_00]: I think the skate get done.
22:16
[SPEAKER_00]: I really do.
22:17
[SPEAKER_00]: I think the skate get done.
22:18
[SPEAKER_00]: I think the skate get done before midterms.
22:20
[SPEAKER_00]: And I think you hit it spot on.
22:25
[SPEAKER_00]: I win this Clarity Act happens and I think it's a huge catalyst for 2026.
22:29
[SPEAKER_02]: Yeah, pulled up.
22:31
[SPEAKER_02]: This is what, you know, just I could find real quick.
22:33
[SPEAKER_02]: It was five days ago.
22:35
[SPEAKER_02]: He's saying, Brian Armstrong thanking Scott Bessant for, you know, working on the Clarity Act.
22:41
[SPEAKER_02]: He's grateful for the bipartisan work among the senators over the several months to make this a strong bill.
22:48
[SPEAKER_02]: Again, we await
22:49
[SPEAKER_02]: for the final verdict of what this is going to look like because again, the original one that came out, Brian Armstrong raised his hand, said he didn't like it.
22:57
[SPEAKER_02]: The stable corner words didn't seem friendly to the OG Crypto users, which is what we wanted.
23:02
[SPEAKER_02]: So it'll be interesting to see what the final bill says.
23:04
[SPEAKER_02]: Now that he's kind of on the sideline of saying, hey, let's get this thing past, it looks good.
23:09
[SPEAKER_02]: It'll be very interesting to see what it looks like if it is favorable to kind of distributing some of these rewards, or if it's not.
23:17
[SPEAKER_02]: and maybe reveals that Brian Armstrong got a phone call late night one time and said, hey, quiet down there.
23:24
[SPEAKER_00]: But at the point, going down, you're not going to be a bank, like you want to be a bank.
23:28
[SPEAKER_02]: Right, right, again, you know, these people, well, everybody's a stakeholder, right, Brian Armstrong CEO of Coinbase.
23:33
[SPEAKER_02]: He wants what's, you know, good for Coinbase and Vlad wants what's good for Robinhood.
23:37
[SPEAKER_02]: Um, you know, but at the end of the day, we are crypto 101.
23:41
[SPEAKER_02]: And we want what's best for the space.
23:43
[SPEAKER_02]: So it'll be great to keep peep tabs on that.
23:46
[SPEAKER_02]: Keep the journalistic integrity like we try when this thing gets released.
23:49
[SPEAKER_02]: I mean, it's probably going to be a full episode of just focusing on that and breaking it down honestly.
23:54
[SPEAKER_02]: so excited for that.
23:56
[SPEAKER_02]: But we continue on with more fundamental news, hyper-liquid.
23:59
[SPEAKER_02]: Again, we've mentioned on the show for this ETF that's coming out.
24:03
[SPEAKER_02]: 21 shares has one bit-wise has one.
24:06
[SPEAKER_02]: Just a little amendment here that I saw showing that it plans to stake 30 to 70% of the hype it holds.
24:13
[SPEAKER_02]: So it would be interesting to see once this actually goes out if they're going to be staking some of their hype up and delivering, you know, will they be delivering those rewards
24:24
[SPEAKER_02]: All stuff that continues to kind of to build on my point.
24:28
[SPEAKER_02]: I said five minutes ago was like man this whole Industry of crypto is starting to really mesh with traditional finance, which I think you know there's parts of it that are super exciting There's parts of it, you know like we said with the clarity act, you know getting past it's like you want
24:44
[SPEAKER_02]: You want it to be fair to the industry, um, but as a show, I think it's exciting because I think it gives us a lot more opportunities to report on stuff, uh, and again, just see the growth and unlock the liquidity.
24:56
[SPEAKER_02]: But kind of just some quick hitters, we've kind of always been talked about hype the last couple weeks, um, and a long time inside the community, the just absolutely crushing.
25:06
[SPEAKER_02]: the game hyper-liquid and then I've been saying this but I haven't saw it specifically headline.
25:13
[SPEAKER_02]: I've said this before but I want to get the actual stats was hyper-liquid generated over 900 million in profits with just 11 employees making it one of the most profitable startups or employee globally.
25:26
[SPEAKER_02]: So congrats to that scene.
25:28
[SPEAKER_02]: That's that's that's amazing.
25:31
[SPEAKER_00]: as the huge hype hype and hyper-liquid ball in the right here on the rundown.
25:37
[SPEAKER_00]: I love to see this.
25:39
[SPEAKER_00]: It's a great app.
25:40
[SPEAKER_00]: They do a good job and I'm certain to see it more.
25:43
[SPEAKER_00]: I've been in the hype for a very long time.
25:45
[SPEAKER_00]: Now we've talked about it in our community and all the community.
25:48
[SPEAKER_00]: under our umbrella because we all saw the value with the buybacks, with the revenue buybacks, with the tokenomics, with the massive amounts of profits that they are making and pretty smooth experience.
26:00
[SPEAKER_00]: I mean, they're the number one decentralized Perps platform.
26:03
[SPEAKER_00]: and they're absolutely killing it, they're chains killing it, and then I started to, I would watch CNBC or CNN or just overall major news outlets or financial times Bloomberg, and they were citing and calling out hyper-liquid, especially during those oil trades.
26:20
[SPEAKER_00]: So people are choosing to go over to a hyper-liquid to trade things other than crypto.
26:27
[SPEAKER_00]: It's amazing, it's an amazing product,
26:31
[SPEAKER_00]: And I love, this is all, this isn't surprising to me that there's going to be staking 30% of their hype, by stake, almost all my hype, and I know they're super profitable, you do too, and we knew that they only have a few employees.
26:43
[SPEAKER_00]: I mean, this is, this is amazing, only in crypto.
26:47
[SPEAKER_00]: can this really happen?
26:48
[SPEAKER_00]: It feels like that you have 11 employees and you make almost a billion dollars.
26:52
[SPEAKER_00]: And you have a great platform.
26:54
[SPEAKER_00]: So I hope they continue to absolutely crush it.
26:57
[SPEAKER_00]: And I think they have a real, a real path here to be one of the biggest winners in crypto.
27:03
[SPEAKER_02]: Yeah, no, that's the, I mean the profitability speaks for itself and again the notoriety that it's gained in a short amount of time, but to be, to be frank, it's something that we've covered in the community, both momentum money makers, crimp nation, our team was completely ahead of it.
27:22
[SPEAKER_02]: I remember us doing the hyper liquid newsletter, months ago, months and maybe even close to a year ago at this point now.
27:30
[SPEAKER_02]: So,
27:30
[SPEAKER_02]: super exciting for that and I got one more quick hitter and then we're going to go into the momentum money maker segment So if that's something you guys are interested in if you ever want more access to the community early access to Brian's alerts You know early access to the newsletters to get this type of deep diving into the crypto and finance space Check the links below.
27:50
[SPEAKER_02]: I got a dollar A dollar trial for Brian's community, which we're going to talk about next and then there's a trial for
28:00
[SPEAKER_02]: Check them out below.
28:01
[SPEAKER_02]: We'd love to have you.
28:02
[SPEAKER_02]: And if not, just give the video a like, subscribe, because we do tons of awesome free content here.
28:07
[SPEAKER_02]: One more addendum just to the Goldman Sachs story Goldman Sachs loves Bitcoin.
28:12
[SPEAKER_02]: That was the kind of the theme of last week's rundowns, but they're jumping back in.
28:18
[SPEAKER_02]: They want to do a premium income ETF.
28:22
[SPEAKER_02]: Everybody, you know, everybody likes to make fun of sailor and his alchemy of Bitcoin and delivering income, but everybody's kind of
28:29
[SPEAKER_02]: So it'll be interesting to get the details of that when it comes out But let's no further ado.
28:36
[SPEAKER_02]: Let's do a little momentum money makers up there.
28:38
[SPEAKER_02]: We haven't done one in a couple weeks.
28:40
[SPEAKER_02]: Maybe approaching two weeks now So I handed off to you Brian.
28:44
[SPEAKER_02]: See it up you guys continue in this market whether it's that sideways market the down market through the war And now we're kind of maybe lifting out of it you guys find the winners
28:54
[SPEAKER_00]: Yeah, I mean, no one's batten a hundred, a thousand percent a hundred percent, but no one's batting a thousand, but there's always opportunities in this market and that's something Joe and I preach all the time and one of our most recent calls, I think it was April the ninth, it was about two weeks ago, it's April the ninth.
29:12
[SPEAKER_00]: We call it a token called bull right around.
29:16
[SPEAKER_00]: I think it was a $2 million market cap or so if I remember I'll stop by head because I did the the recap on it and this is a pure mean coin.
29:24
[SPEAKER_00]: There's no utility behind this There's no founder It's a good ticker bull and it basically goes off of the lives of a bull market and that was that was the
29:36
[SPEAKER_00]: the guts of this but there's a lot of other factors that we always like to track that the amount of holders were growing hundreds per pretty much hours whenever I was first looking at this so a lot of holders there's a lot of KOLs on the timeline but you have to be careful when there's too many people on Twitter talking about it because you have to wonder like how big of a vested interest but you
30:00
[SPEAKER_00]: and it popped off for our community, which is great.
30:03
[SPEAKER_00]: They got it.
30:04
[SPEAKER_00]: If you got it around $2 million market cap, I think it went all the way.
30:07
[SPEAKER_00]: It flashed to about 10 to 12.
30:10
[SPEAKER_00]: So that's if you bought the bottom and sold the top, but even if you didn't and you sold today, you're sitting at a clean 4x.
30:17
[SPEAKER_00]: So there's still a lot of opportunities in the space.
30:20
[SPEAKER_00]: We've called a few other ones that have been not as big of winners, but have been winners for everybody.
30:25
[SPEAKER_00]: We love our community.
30:26
[SPEAKER_00]: We love to find those very interesting opportunities if it's a bull market, if it's a bear market.
30:34
[SPEAKER_00]: But there's a lot less on chain activity, or at least there was a few weeks ago.
30:39
[SPEAKER_00]: So to catch a few winners is always great.
30:42
[SPEAKER_00]: But as we start to get into a bull market,
30:47
[SPEAKER_00]: getting brought up and everyone like you could argue that certain markets die, but they evolve over time and there's always going to be a group of speculators in this space that you know want to catch big wins and want to speculate on certain tokens and that happened just recently flipped to the next one that funk.
31:08
[SPEAKER_00]: And if anybody's familiar, funk is like a basically a term for like
31:16
[SPEAKER_00]: I'm an onking the crypto market for sure.
31:19
[SPEAKER_00]: I don't know.
31:20
[SPEAKER_00]: I'm such an onk.
31:21
[SPEAKER_00]: I can't even describe it.
31:22
[SPEAKER_00]: You describe it for me, Tiva.
31:25
[SPEAKER_02]: Yeah, I mean we're both onks.
31:27
[SPEAKER_02]: Just, you know, it's that in-between of like you're not an old man, grandpa, maybe you're not quite a dad, but you're you're around the culture still and you're older.
31:37
[SPEAKER_02]: You're an onk.
31:38
[SPEAKER_02]: It's like uncle.
31:40
[SPEAKER_00]: Yeah, you're an unc, you're an unc and there's been some other unc meme coins out there, but this one has absolutely surge.
31:47
[SPEAKER_00]: She was launched about four days ago on pump.fun, got all the way to a $20 million market cap, which feels like a billion dollar market cap in this market, and it's been super interesting, and this one's a little bit different.
32:00
[SPEAKER_00]: This is almost like tailored for us.
32:03
[SPEAKER_00]: This is like, this is like a pushback on like the,
32:07
[SPEAKER_00]: the fortnight community or the younger generation, that uncle's no best.
32:12
[SPEAKER_00]: So it's almost supporting uncle's regardless.
32:16
[SPEAKER_00]: We're starting to see more speculation on the timeline.
32:19
[SPEAKER_00]: We're starting to see more speculation in certain tokens.
32:22
[SPEAKER_00]: So there's always opportunities out there.
32:23
[SPEAKER_00]: So we nailed it with bull.
32:25
[SPEAKER_00]: I wanted to of course call out this uncle token because it's one of the biggest runners we've
32:37
[SPEAKER_00]: I don't know, I mean, I don't have any exposure to it.
32:40
[SPEAKER_00]: I wish I did.
32:41
[SPEAKER_00]: I mean, it was built for a guy like me.
32:43
[SPEAKER_00]: I'm on that works in the crypto space.
32:45
[SPEAKER_00]: So I'll probably look for a little entry, but it looks like it's going up and up right at the moment.
32:52
[SPEAKER_02]: Yeah, so again, these are, you know, you've got to be careful with these in the momentum money makers.
32:57
[SPEAKER_02]: They're definitely for the the traders and us and the traders in the space.
33:01
[SPEAKER_02]: But this is the stuff that, you know, we cover on the show periodically.
33:06
[SPEAKER_02]: But if you want the full dosage in those early alerts, check the latest community fund, super fund community, super active.
33:14
[SPEAKER_02]: There's always stuff going on there.
33:16
[SPEAKER_02]: And yeah, well, we'll have to keep keep an eye on
33:22
[SPEAKER_02]: I think it probably pulled down a little bit.
33:24
[SPEAKER_00]: I'd say it's like two.
33:25
[SPEAKER_00]: It did hit 22.
33:27
[SPEAKER_00]: I mean, this is happening in real time for everyone.
33:31
[SPEAKER_00]: It's probably the biggest.
33:33
[SPEAKER_00]: It's at it's at 18 million right now.
33:35
[SPEAKER_00]: It's a little bit up here.
33:37
[SPEAKER_00]: Gosh, man, it's still just, man, what is it going up in a straight line?
33:43
[SPEAKER_00]: God, brand new too.
33:45
[SPEAKER_01]: It's only five days old.
33:46
[SPEAKER_00]: I know, I know, and I saw this get launched early in my first initial reaction, which I need to give it a little better.
33:53
[SPEAKER_00]: It was like, oh, we've seen a ton of punk tokens.
33:56
[SPEAKER_00]: Like, why is this one guy take off?
33:57
[SPEAKER_00]: And then I started to see more momentum, a more momentum, and then I started to like it more and more.
34:03
[SPEAKER_00]: And who knows where this could go?
34:05
[SPEAKER_00]: It's just great to see that there's some on-chain runners.
34:08
[SPEAKER_00]: There's some action back in the trenches.
34:11
[SPEAKER_00]: And I don't, if we continue to go up in the macro with Bitcoin and Ethereum, there's good to be other opportunities in other sectors.
34:17
[SPEAKER_00]: If that's meme coins.
34:18
[SPEAKER_00]: If that's NFTs, if that's the AI sector.
34:21
[SPEAKER_00]: I mean, heck, we didn't even talk about all birds.
34:23
[SPEAKER_00]: This is nothing to do with crypto.
34:25
[SPEAKER_00]: But all birds the shoe company did you see that they were like yeah, we're done with shoes We're just done We're buying GPUs and we're we're now an AI company and they're stock went up 800 percent So that feels like a top signal an AI but I I'm not fake really
34:47
[SPEAKER_00]: I really feel, feels to be, feels to be.
34:51
[SPEAKER_00]: We saw that was like crypto, uh, treasured.
34:53
[SPEAKER_02]: I think it also, it also goes back to the market cap discussion of why the education process, what we try to do when we're talking about these different trades, it's like, you really got to hone in on, you know, when was this,
35:05
[SPEAKER_02]: launched or what's the market cap and understanding your risk in that because again all birds uh today is tree it got up to 20 it's down to it got up to 20 it's down to 12 today it's almost you know close to it you know 50% haircut but um
35:24
[SPEAKER_02]: The market cap's only a hundred and seven million right now.
35:27
[SPEAKER_02]: So again, from when it was folding its shoe shop, it was, you know, whatever, 20 million dollars.
35:32
[SPEAKER_02]: I mean, shit, we dabble in some meme going, like, I'm, I'm Scott the same.
35:37
[SPEAKER_02]: Okay, here it is.
35:38
[SPEAKER_02]: This is perfect.
35:39
[SPEAKER_02]: This is perfect.
35:40
[SPEAKER_02]: Oncats basically the same had the same market cap as all birds.
35:45
[SPEAKER_02]: uh... uh... uh... not a company just an absolute meme coin which we just discussed you know three days ago had the same market cap as all birds in actual shoe company that sold shoes and so they're saying like hey we're getting rid of the sold their IP i saw they're saying i don't understand i didn't look into it enough but yet i don't understand at all how people are buying or why people are buying into it like what what
36:13
[SPEAKER_02]: You know, do they have energy?
36:15
[SPEAKER_02]: Do they have like, what do they have a factory?
36:16
[SPEAKER_02]: Like, I don't understand what they're transitioning into, but I don't know.
36:21
[SPEAKER_02]: Maybe we'll have an update.
36:24
[SPEAKER_00]: They're buying.
36:25
[SPEAKER_00]: They're using GPUs as a service provider.
36:28
[SPEAKER_00]: So they're going to be buying all these GPUs and like, you don't utilize them for the AI sector.
36:34
[SPEAKER_02]: Okay, or just do your research, find a good Bitcoin miner that actually has a plan to do that.
36:40
[SPEAKER_02]: Maybe it may be a better bet than the All-Birds team trying to cash out their final stock.
36:45
[SPEAKER_02]: I mean, use people as exit liquidity.
36:47
[SPEAKER_02]: That's what it seems like to me.
36:49
[SPEAKER_00]: When I saw that, when I saw that pop-up, it gave me a chuckle, and then I was like, oh man, is this the first sign of the, I bubble, but I don't believe that.
36:58
[SPEAKER_02]: I don't think it's a serious, I think it's just, it's people.
37:01
[SPEAKER_02]: It's, it's exact reason, it's the exact reason what you're saying is it's been good to see some on-chain metrics, it's been good to see some high flyers and some runners, because that's what it is.
37:11
[SPEAKER_02]: There is a gamification to trading, and there's people out there,
37:15
[SPEAKER_02]: your uncle, uh, you know, in your house wanting to trade meme coins or your some finance pro on Wall Street that wants to try to ride the $20 million market cap all birds, the $200 million market cap, right?
37:27
[SPEAKER_02]: It's the same thing.
37:29
[SPEAKER_02]: I don't think that it's why, and I loved the saga with Portnoi and Greed because he called it what it is.
37:35
[SPEAKER_02]: He's like, do you want Greed?
37:36
[SPEAKER_02]: Because I'll give you Greed.
37:37
[SPEAKER_02]: I'll give you Greed too.
37:39
[SPEAKER_02]: Like, it's musical chairs.
37:41
[SPEAKER_02]: It is what it is.
37:41
[SPEAKER_02]: Like, all
37:42
[SPEAKER_02]: You know, and he agreed three and so I think the gamification of this last cycle And everything every cycle is different right and I really from my perspective of what happened back in I guess it was the winner of 25 Was it really was a game?
37:58
[SPEAKER_02]: It was pump fun.
37:59
[SPEAKER_02]: It was a game.
38:00
[SPEAKER_02]: It was how can you it was this mixture of what you guys have been so good at of like garnering attention
38:06
[SPEAKER_02]: and how can you find that attention on the timeline and transition it into a meme coin?
38:13
[SPEAKER_02]: And I really think that that's the new era of where this evolved from, from like, it kind of went from, you know, the Doge era and the Pepe era of, oh, this is funny, like, look at this funny picture or something, and it rockets to, there was a little bit more of a gamification of it, this cycle, which is why I think it's gonna come back.
38:31
[SPEAKER_02]: It'll come back at some point, it'll evolve in its own way and change, but that's why I think you're seeing a little bit of it on the timeline because it's the same thing as all birds.
38:40
[SPEAKER_02]: It's not that different.
38:41
[SPEAKER_02]: I just saw you slack me something you want me to pull that up.
38:45
[SPEAKER_00]: You don't have to, I just, it just made me chuckle because this is a guy that's in the crypto space and he made an AI watch list for equities.
38:53
[SPEAKER_00]: Remember, since the all birds, I did zero research on anything that easy is posted here, zero.
38:59
[SPEAKER_00]: but I'm not going to lie.
39:00
[SPEAKER_00]: I've booked marked it because I might dive a little bit deeper into some of these AI equities and kind of see what it is.
39:07
[SPEAKER_00]: This is by no means any research done at all.
39:11
[SPEAKER_00]: But you can just see that there's a demand here in all walks.
39:16
[SPEAKER_00]: You know, like you do so eloquently said, you know, there's the people, the trenches trading the onks.
39:21
[SPEAKER_00]: trading the bulls and then there's Wall Street that's going to trade anybody that throws AI in the description of their product right now or AI infrastructure.
39:30
[SPEAKER_00]: But just to go to the show you that speculation in these markets is never going to go anywhere.
39:36
[SPEAKER_00]: We're starting to see more and more liquidity pick up.
39:39
[SPEAKER_00]: We're going to start to have people feel a little bit more you for.
39:43
[SPEAKER_00]: About where we're going in the price of a lot of different areas.
39:46
[SPEAKER_00]: That's in P500 and crypto.
39:48
[SPEAKER_00]: We're going to start seeing some more opportunities to make a quick buck here and there.
39:52
[SPEAKER_00]: So it's it's it's it's kind of revving me up to you, but that's what I'm saying.
39:56
[SPEAKER_00]: It's revving me up because there's some dark days there over the past few months where it's just like man.
40:02
[SPEAKER_00]: The only thing I'm reading about is how crypto is going to zero and how quantum computing is like going to take over.
40:08
[SPEAKER_00]: And now right when the price starts to stabilize and move back up now we're, you know, we're researching meme coins and and TikTok memes in.
40:22
[SPEAKER_02]: history doesn't uh... repeat but usually rhymes and it just all this stuff uh... you know the all birds i'm a i now it's just it's reminiscent of the tech bubble of ninety nine it's like one of the famous stories that any you know wall street veteran that knows what they're doing will reference his pets dot com
40:43
[SPEAKER_02]: It was just like they just added a talk dot com pets dot com it's a dot com era company It's pets dot com what do they do it doesn't matter it's pets dot com everybody loves pets pets dot com and they IPO you know as a high profile IPO was you know they had this sock puppet mascot that they made commercials they hyped it up it was you know they TV commercials which you know back then in ninety nine the TV was the internet of the day
41:06
[SPEAKER_02]: You have all these high profile IPO and then 260 days later, they have, you know, it was a liquidation.
41:12
[SPEAKER_02]: It went from IPO to liquidation in 268 days.
41:15
[SPEAKER_02]: It was, you know, a very high profile of IPO, I think, if you do a quick Google, I think they, you know, they had all these different investments and they're all in bed with each other and doing this, you know, dot com era stuff.
41:29
[SPEAKER_02]: And so you're going to have that.
41:31
[SPEAKER_02]: in this AI sector, but that doesn't mean that the dot com era was BS, right?
41:36
[SPEAKER_02]: Because now look at Amazon, you know, that's one of the, you know, that went through the dot com era as a book company, right?
41:42
[SPEAKER_02]: Now look at it.
41:43
[SPEAKER_02]: It's, you know, people say, oh, it's what you delivers to your door.
41:45
[SPEAKER_02]: That's, that's the least profitable side of their business.
41:48
[SPEAKER_02]: Go look at their cloud infrastructure, right?
41:50
[SPEAKER_02]: And robotics and things that they're investing in.
41:53
[SPEAKER_02]: It's, it's, uh, it's fascinating.
41:55
[SPEAKER_02]: So it's a kind of why I, kind of pitch is like,
42:00
[SPEAKER_02]: This this world isn't as different and it's interesting that it's you know molding so well with the traditional finance too so something that will keep keep a tab on and keep doing and and you know like you said there's there's always some dark days and there's going to be light ahead of the.
42:17
[SPEAKER_02]: I like to head at some point.
42:18
[SPEAKER_02]: I think we come out of it the same.
42:19
[SPEAKER_02]: My same thesis for Bitcoin of thinking it's going to go higher.
42:22
[SPEAKER_02]: You come out of it.
42:23
[SPEAKER_02]: I think it's for the, you know, the memecoin sector as well.
42:25
[SPEAKER_02]: Once people start getting some attendees, they're going to want some sauce to dip in and they're going to come right back to the trenches.
42:31
[SPEAKER_02]: But we'll be ready in the momentum money makers and crypto 101.
42:34
[SPEAKER_02]: Everybody's been listening to the show nonstop.
42:36
[SPEAKER_02]: You're going to be ready to take advantage of it because, you know, we see it.
42:39
[SPEAKER_02]: It's, you know, the sentiments down.
42:40
[SPEAKER_02]: The numbers are down.
42:41
[SPEAKER_02]: They're down loads are down.
42:42
[SPEAKER_02]: But there's a great
42:47
[SPEAKER_02]: So we'll wrap it up.
42:49
[SPEAKER_00]: I just want to jump on on that.
42:50
[SPEAKER_00]: If somebody if you're watching this right now, again, like you're so many steps ahead of the normal person or a lot of people that want to get in on this train in so many different ways.
43:01
[SPEAKER_00]: So hats off to everybody that's still tuning in if it's you know the depth of the bear market because this is when we build the positions.
43:09
[SPEAKER_00]: This is when we establish ourselves
43:11
[SPEAKER_00]: So we're just absolutely eating, come the bull time and it feels like that's getting closer and closer by every minute.
43:18
[SPEAKER_00]: So hats off to everybody in the community that's that's still here that's with us.
43:22
[SPEAKER_00]: That's talking about crypto.
43:23
[SPEAKER_00]: That's interesting crypto.
43:25
[SPEAKER_00]: It's interesting blockchain because crypto is not dead.
43:27
[SPEAKER_00]: Bitcoin is not dead.
43:29
[SPEAKER_00]: There's just zero chance of that happening and we're all going to be eating.
43:33
[SPEAKER_00]: When the bull market kicks back up just just wanted to double down on a thanks because I think there's some just real champions out there that follow us and love to be part of the community with them
43:44
[SPEAKER_02]: Yeah, and it's been really, it's been really fun, too, just getting to know some of the specific commenters and the same people commenting and having fun and some new people as well, which is always super exciting, but I do remember kind of those high flying, you know, all time high days and the Fridays we were promoting the show and we'd have, you know, hundreds of people and the chats going crazy.
44:04
[SPEAKER_02]: I missed that man.
44:04
[SPEAKER_02]: I want that.
44:05
[SPEAKER_02]: every show and you know it's I'd be lying if I said I didn't but that's not how it works but we'll be back there soon off and we're going to remember the days like this when we when we do certainly what when the day on some fun news do stake in shake I still have it have you been a stake in shake it
44:22
[SPEAKER_00]: I was like probably like 10 years ago I got to go.
44:25
[SPEAKER_02]: I've been saying this since the, you know, they've been doing all the big coin stuff.
44:30
[SPEAKER_02]: I got the Bitcoin burger out, they've been paying their staff and a big coin bonus.
44:36
[SPEAKER_02]: Now they got the big coin shake.
44:37
[SPEAKER_02]: They love it.
44:38
[SPEAKER_02]: They absolutely love it.
44:40
[SPEAKER_02]: That thing looks tasty.
44:42
[SPEAKER_00]: That looks so good, man.
44:45
[SPEAKER_00]: That was 1,400 calories than 80 grams of sugar.
44:49
[SPEAKER_00]: It looks so good.
44:52
[SPEAKER_00]: It hats off the steak and shake because they were just, they were launching this stuff in the bear market.
44:58
[SPEAKER_00]: Is this going to be like, was it Steve Aoki?
45:00
[SPEAKER_00]: No, it wasn't Steve Aoki.
45:02
[SPEAKER_00]: Whoever Steve Aoki is the musician.
45:05
[SPEAKER_00]: I was going to say the guy who the famous artist is named Slippin' my mind that painted the wall of the mural at Facebook and got shares.
45:13
[SPEAKER_00]: That's essentially what, and then he became like a multi-millionaire.
45:17
[SPEAKER_00]: That's essentially what Stake and Shake's doing for their employees.
45:20
[SPEAKER_00]: You're going to be like, how'd you make your millions?
45:22
[SPEAKER_00]: They're going to be like, I was flipping burgers in 2026 at Stake and Shake, and I was taking 50% of my paycheck in Bitcoin.
45:30
[SPEAKER_01]: Yeah.
45:31
[SPEAKER_00]: They're ahead of the game here.
45:32
[SPEAKER_00]: So you love to see it.
45:33
[SPEAKER_00]: I just looked up to see if there was any close to me.
45:37
[SPEAKER_00]: Yeah, there's one like an hour and 20 minutes, but it might, it might deserve a trip.
45:41
[SPEAKER_00]: It might just have to support him.
45:42
[SPEAKER_00]: But I'm not paying.
45:43
[SPEAKER_00]: I think I have one close to me.
45:46
[SPEAKER_00]: Yeah, then you're really on the hook for, you know, turning your back on the big, clean community for the high of the Bitcoin non-alisen.
45:54
[SPEAKER_00]: You know, support stake in shake?
45:56
[SPEAKER_00]: No, you're so right.
45:57
[SPEAKER_00]: Got to go to stake in shake, dude.
45:59
[SPEAKER_00]: They're good.
46:00
[SPEAKER_00]: I remember being good, but I don't, yeah, this is 10, 12 years ago.
46:05
[SPEAKER_00]: So I feel like it was good.
46:07
[SPEAKER_02]: Yeah, I got to make, I got to make a trip.
46:10
[SPEAKER_02]: I got to make a trip to stay can shake.
46:13
[SPEAKER_02]: But they keep, they do keep saying like,
46:15
[SPEAKER_02]: they see the bitcoin are they people buying the bitcoin burger and talking obviously talking about online like us but people have been coming to the stores they say that they see an uptick you know in traffic specific towards there's you know bitcoin branded products I think they're actually stake in jakes actually going to the bitcoin conference in Vegas this year and I think they might have said they have another announcement are they're doing something special there so super cool to see that type of integration into the community
46:42
[SPEAKER_02]: um another another fun one that I saw on the timeline for a pudgy beng one looks like they're coming up with uh real claw machines pudgy claws in the thousands of retail locations by the end of the year.
46:57
[SPEAKER_00]: I mean, I jammed to dollars and get that thing.
47:02
[SPEAKER_00]: I mean, we talk about it every rundown.
47:04
[SPEAKER_00]: There's not a web three company that's producing more content and more in real
47:12
[SPEAKER_00]: tangible items than Puggy penguins.
47:15
[SPEAKER_00]: So it's super hard to fade them.
47:18
[SPEAKER_00]: Regardless, I know the price is up a little bit, but it's so hard to fade penguin when you just see them continuing to invest in their IP in their brand.
47:27
[SPEAKER_00]: So this is amazing.
47:28
[SPEAKER_00]: I mean, that's Luca.
47:29
[SPEAKER_00]: I mean, let's see you're saying that that's going to be in, you didn't say hundreds or in retail locations.
47:34
[SPEAKER_00]: These specifically calling out thousands of retail locations.
47:38
[SPEAKER_00]: So let's do it Luca, can't wait.
47:41
[SPEAKER_00]: Maybe get your boys a little game record.
47:42
[SPEAKER_00]: We'll stream ourselves trying to win the big plushie.
47:45
[SPEAKER_02]: facts.
47:46
[SPEAKER_02]: Yeah, I want to say that if I'm going to be super disappointment when I go to Wildwood New Jersey and I'm walking the boardwalk this summer at the at the games at the clog games.
47:56
[SPEAKER_02]: If I don't see a pudgy penguin on the Wildwood boardwalk, I'm going to be very devastated because that's exactly where one of these machines needs to be.
48:05
[SPEAKER_02]: And super super excited for the annual Wildwood trip.
48:08
[SPEAKER_02]: You ever been to Wildwood?
48:09
[SPEAKER_00]: Oh yeah, I mean, I spent a long time in Philadelphia and I know my Jersey shore pretty well.
48:16
[SPEAKER_02]: Oh man, I can smell wild.
48:18
[SPEAKER_02]: If I close and think about it, you can just smell it.
48:20
[SPEAKER_02]: You can hear the seagulls.
48:21
[SPEAKER_02]: You get like a crappy four out of ten slice of pizza and just have a day.
48:26
[SPEAKER_00]: It's extremely underrated.
48:28
[SPEAKER_00]: I think the Jersey shore.
48:29
[SPEAKER_00]: You know, they get a lot of like, uh,
48:32
[SPEAKER_00]: bundled into the TV show like the seaside heights, but, you know, South Jersey's Seattle and Wildwood.
48:39
[SPEAKER_00]: It's, uh, some of my best memories.
48:41
[SPEAKER_00]: It's an absolute blast.
48:43
[SPEAKER_02]: Yeah, I agree with that.
48:44
[SPEAKER_02]: I agree with that statement overall.
48:47
[SPEAKER_02]: Uh, to wrap up the show, we got it.
48:49
[SPEAKER_02]: We got to review our master's picks from last week.
48:51
[SPEAKER_02]: Didn't have any winners.
48:53
[SPEAKER_02]: We didn't take Roy to win.
48:54
[SPEAKER_02]: It was, we filmed Friday.
48:56
[SPEAKER_00]: So he was in the movie.
48:57
[SPEAKER_00]: He picked Roy.
48:58
[SPEAKER_00]: It's how you did.
49:00
[SPEAKER_00]: We wanted to pick him.
49:01
[SPEAKER_00]: Maybe I Scotty.
49:06
[SPEAKER_02]: It's like Brooks Scotty Sheffler and Zander.
49:09
[SPEAKER_02]: You had Justin Rose patch agreed in Jason Day.
49:12
[SPEAKER_00]: We yeah, reading day just decided to you know take the take the jet home early on Sunday I felt like But Rose was in the thick of it and Scotty did what a stud that guy is man.
49:23
[SPEAKER_00]: He came back from a not a good second round
49:27
[SPEAKER_00]: or first the second round he shot over par and then he absolutely he was catching Rory on the back there that was exciting uh... roars roars is uh... roars is master champion i think that's the first ever back to back winter that's why i was kind of staying away from it he led all four days i mean he did you get all the controversy or or i don't want to say controversy but how he practiced the first like the two weeks before the masters he just opted out of all the pg events he just took the pj
49:55
[SPEAKER_00]: He just took the P.J.
49:56
[SPEAKER_00]: there for a day, played a gust up, went home, had dinner with his wife and Poppy, went back the next day.
50:02
[SPEAKER_00]: I mean, I was like, what a guy.
50:04
[SPEAKER_02]: That's a life man.
50:06
[SPEAKER_02]: I mean, I guess I don't know.
50:07
[SPEAKER_02]: I don't, yeah, I mean, unfair advantage.
50:09
[SPEAKER_02]: Yeah, for sure.
50:10
[SPEAKER_02]: It's an unfair advantage in life when somebody's got a billion bucks.
50:13
[SPEAKER_02]: Like, that's just how it is.
50:15
[SPEAKER_02]: Get your gift.
50:15
[SPEAKER_00]: He's a master.
50:16
[SPEAKER_00]: He's a master's winner.
50:17
[SPEAKER_00]: So he's allowed to go there.
50:18
[SPEAKER_00]: You know, and not everyone can just openly, like, get in the door.
50:22
[SPEAKER_00]: So there's there's parks
50:24
[SPEAKER_02]: It's fair.
50:25
[SPEAKER_02]: It's a fair point.
50:26
[SPEAKER_02]: Get your game up.
50:27
[SPEAKER_02]: Any polymarket, any odds this week, anything going on?
50:31
[SPEAKER_02]: The trending stuff's all pretty, just in the news type stuff.
50:37
[SPEAKER_02]: I don't see any.
50:38
[SPEAKER_00]: Well, we were talking you and I were talking about the O'Vetchkin retirement.
50:43
[SPEAKER_00]: You got shut down on your end.
50:45
[SPEAKER_00]: You got shut down.
50:46
[SPEAKER_02]: Yeah, I was keeping tabs on it.
50:49
[SPEAKER_02]: I wonder how they're going to, they don't want any action on that.
50:52
[SPEAKER_02]: I was thinking about,
50:53
[SPEAKER_02]: if it was low enough just taking it because it seemed to be hinting, but it was pretty much 50-50.
50:58
[SPEAKER_02]: Well, there was no no true alpha there.
51:02
[SPEAKER_00]: Yeah, it's kind of uh, it feels a little bit of the dog days, a little bit of Paul and Market.
51:07
[SPEAKER_00]: We got like NBA playoffs going.
51:09
[SPEAKER_00]: I mean, the number one trendings like crude oil prices.
51:12
[SPEAKER_00]: Yeah, right now and uh,
51:15
[SPEAKER_00]: I wonder what what I wonder what are the odds from Bitcoin to hit to hit six just because this stuck out to me.
51:23
[SPEAKER_00]: You said I hope Bitcoin gets the six figures this year.
51:27
[SPEAKER_00]: I'm just curious what the odds are of that happening.
51:30
[SPEAKER_00]: Oh, let's see.
51:30
[SPEAKER_00]: 38%.
51:31
[SPEAKER_00]: 38%.
51:35
[SPEAKER_02]: What price will Bitcoin hit in 26?
51:37
[SPEAKER_02]: Is that what you're looking at?
51:38
[SPEAKER_00]: Yeah.
51:39
[SPEAKER_00]: Yeah.
51:40
[SPEAKER_02]: 38% to 38%.
51:41
[SPEAKER_00]: That's that's stronger than I was expecting.
51:45
[SPEAKER_02]: Yeah, it's like, you know, it's like what a little call option at 1.7.
51:48
[SPEAKER_02]: You just for the rest of the year.
51:53
[SPEAKER_00]: Yeah, exactly.
51:55
[SPEAKER_00]: I don't know.
51:55
[SPEAKER_00]: I love to see it, man.
51:57
[SPEAKER_00]: It's, uh, I think there's a legit path to get there.
52:01
[SPEAKER_00]: And, uh, that's why we're seeing it kind of baked in.
52:03
[SPEAKER_02]: 80% for 80,000, interesting.
52:06
[SPEAKER_02]: The 50, 50 is now 90.
52:07
[SPEAKER_02]: 50, 50% for 50, 55% for 90.
52:12
[SPEAKER_02]: So that feels like we're in a new, uh, new holding pattern in that, like, yeah, the, the 65 to 75 range feels like
52:22
[SPEAKER_00]: where we're at now and then i don't know yet feels like the clarity act could release that uh next leg yeah i think that's i think we get positive news to clarity act it's gonna release a lot of liquidity
52:35
[SPEAKER_00]: and a lot of bush headlines.
52:37
[SPEAKER_00]: I don't know.
52:38
[SPEAKER_00]: I mean, there's definitely some really crazy blacks on events.
52:41
[SPEAKER_00]: I can think up that might have a good sound loud that would make markets not do so well, but it feels like it would have to be one of those really gnarly events because we've already
52:52
[SPEAKER_00]: I mean, we've already seen, we're living through terrifying creases, we're living through war, war, declaring war on Iran, fears of Russia and China, not war on Iran.
53:03
[SPEAKER_00]: It just feels like the market's kind of not as reactive, and then when we start getting really positive news.
53:10
[SPEAKER_02]: I can't think I've said this on the show once.
53:13
[SPEAKER_02]: I've like a thesis on just the general markets of like, you know, they're super volatile, but these V-shaped recoveries are having quicker and quicker.
53:21
[SPEAKER_02]: And it goes back to the fact that that's our life now.
53:25
[SPEAKER_02]: Like we as human beings are so plugged in and so, you know, with the news and everything, you know, you got your cell phones and you can watch TV any time.
53:33
[SPEAKER_02]: And just it's the speed of life is so much faster than it was, you know, back in the day.
53:39
[SPEAKER_02]: and so markets are faster than it was back in the day because it has to keep up with information.
53:45
[SPEAKER_02]: And so, you know, this turmoil and war and this and that, it's like back then, you know, when you only had three, six and ten and you had one nightly news reported night, you had to wait at least 24 hours to get the next update.
53:58
[SPEAKER_02]: You had no idea.
53:59
[SPEAKER_02]: Like people forget this, I love the story with my dad.
54:03
[SPEAKER_02]: like he was telling me about the 1980 Olympics and when you know miracle on ice happened and he was because we're a big hockey family and he was like man that must have been amazing like must watch and he was like well like I got it got like eventually it caught up to like the hype of what was going on but it wasn't it you didn't have news like news didn't really travel like it was that that game wasn't even live it was like taped
54:26
[SPEAKER_02]: And then, you know, the replay was at night, so it wasn't even live.
54:30
[SPEAKER_02]: So it's like, just such a different world than obviously 30, 30 years ago, but even 10 years ago, it's just everything so fast.
54:39
[SPEAKER_02]: It just feels like life's going so fast.
54:41
[SPEAKER_02]: And I feel like the markets like trade like that.
54:44
[SPEAKER_02]: It's like, they're like,
54:45
[SPEAKER_02]: There's a lot of bears crying, you know, you don't need to make sense, just need to go down, you know, inflation this and war that and it's like, yeah, it's like, okay, it's either the world's gonna end and then it doesn't matter or it's you know, it's gonna keep going up because the whole system runs on this thing, so that it's kind of a you know, not the economists of the world would not like that take, but there's a lot of sad bears out there that think we should be much lower and where we are back and here we are back at all time highs
55:14
[SPEAKER_02]: So can you make the case that there's a historical evaluations, you see these people that have been, you know, managing money for 40 years and there's like, well, historically, the valuation here is what we sell and then once the valuations get down here, we buy, could you make the case that valuations need to be higher because this market has been through so much more because these top tier companies are the size of countries.
55:36
[SPEAKER_02]: So it's like it's different than when you were evaluating this company back in 1995 or 2002.
55:42
[SPEAKER_02]: These are different entities now.
55:44
[SPEAKER_00]: It's so much easier to trade.
55:46
[SPEAKER_00]: I mean for goodness sake, if I want to buy exposure to oil, I can do it on chain with hyperlickered in a few seconds.
55:54
[SPEAKER_00]: And then we'll get get stocks going 24-7 sooner than rather than later.
55:59
[SPEAKER_00]: It's just becoming news is becoming more fluid, trading is becoming more fluid, it probably markets will get hit harder and certain times, but they'll recover even faster as well.
56:14
[SPEAKER_00]: We're here for it though.
56:15
[SPEAKER_00]: We're showing up no matter what.
56:16
[SPEAKER_00]: I'll tell you that much.
56:17
[SPEAKER_02]: Yeah, super fun.
56:18
[SPEAKER_02]: It's fun to cover.
56:20
[SPEAKER_02]: Again, back in the day, you used to buy a stock and they'd give you a piece of paper and you put it in like a security box or something at the bank and that's the own that stock.
56:28
[SPEAKER_02]: Here's your piece of paper itself.
56:29
[SPEAKER_02]: coming along way and tokenization it's not it's not it's more of a win so the future continues we'll be here to cover it for you Brian thanks so much for joining we had a super fun episode hope everybody enjoyed again so that's a like just still with us and in the show subscribe if you're not and enjoy your weekend we'll be back next week with some more great guests some more rundown so I hope you enjoy your weekend and we'll talk to everybody later bye everybody