Latest / CRYPTO 101 / Crypto Rundown: Bitcoin and Ethereum LONG TERM HOLDERS Are Back...The Data You Need to Know

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Crypto Rundown: Bitcoin and Ethereum LONG TERM HOLDERS Are Back...The Data You Need to Know · CRYPTO 101

0:08
[SPEAKER_01]: Alright everybody, welcome back to the crypto 101 podcast presented by Gemini, your bridge to the future of money.
0:15
[SPEAKER_01]: It's another rundown here on Thursday and we're thankful that Brian is back.
0:20
[SPEAKER_01]: Brendan could not make it today.
0:22
[SPEAKER_01]: We were going to cancel it all together.
0:24
[SPEAKER_01]: But there was literally too much to talk about.
0:26
[SPEAKER_01]: We had Brian earlier in the week.
0:27
[SPEAKER_01]: We had some technical difficulties.
0:29
[SPEAKER_01]: We got that all figured out hopefully.
0:31
[SPEAKER_01]: But today is a full rundown.
0:33
[SPEAKER_01]: Literally, even though we did it two days ago, there was a lot of news that came out.
0:36
[SPEAKER_01]: price action, not much has changed, but again, if you're zooming out and looking at the runway of the fundamentals, it is quite a bullish.
0:44
[SPEAKER_01]: There's no other way to put it, Brian.
0:45
[SPEAKER_01]: It's quite a bullish start to 2026.
0:48
[SPEAKER_01]: I know me and you were kind of tian up our sheet here and just getting kind of super gitty because there's a lot of fun topics to talk about.
0:55
[SPEAKER_01]: Some unique stuff stuff we haven't talked about, but overall just, I mean, the last 48 hours just breaking news for the most part fundamentally.
1:05
[SPEAKER_02]: Yeah, man, great to be here.
1:07
[SPEAKER_02]: Branding, obviously, is cannot be replaced.
1:10
[SPEAKER_02]: He's irreplaceable, but love to come off the bench.
1:13
[SPEAKER_02]: I love these rundowns because I think we're bringing some great news to the people and excited to jump in and get going.
1:21
[SPEAKER_01]: Yeah, I think we can we can pull up like we'd like to do when you're on.
1:24
[SPEAKER_01]: We'll pull up coin market cap to start.
1:27
[SPEAKER_01]: Yeah, not nothing too much going on there.
1:30
[SPEAKER_01]: We covered it the other day.
1:31
[SPEAKER_01]: We're still in neutral in the fear greed.
1:32
[SPEAKER_01]: It is not all point season by any imagination on the all point index.
1:37
[SPEAKER_01]: You know, in the last seven days, you're still getting, wow, extra people with a 15.
1:40
[SPEAKER_01]: We're going to talk about that in a second.
1:42
[SPEAKER_01]: Salana 10.
1:44
[SPEAKER_01]: interesting dogecoin 14 so you know we've had some odds so we had 27% we didn't cover that the other day that's quite a pop
1:53
[SPEAKER_01]: But again, nothing too crazy since we last spoke, pretty much a holding pattern price action-wise.
1:59
[SPEAKER_01]: Hopefully we'll get Brendan on next week because we haven't covered the charts for you yet in 2026 and I know you all need that.
2:05
[SPEAKER_01]: So definitely tune in next week, we will have Brendan on, sorry, just trying to make sure our livestream is up and going and we are, we are quite live.
2:14
[SPEAKER_01]: So let's push us on, let's push us on, Axe.
2:16
[SPEAKER_01]: If you're not following us,
2:17
[SPEAKER_01]: on youtube guys you want to get in there make sure you can see the visuals on our youtube crypto 101 and then also if you do have an x account uh i would say uh brion i don't know maybe you can help the people uh agree is it is it not the most fun x account on crypto twitter
2:33
[SPEAKER_02]: Yeah, it's as good as it gets everyone somebody they give me legit laugh out loud.
2:37
[SPEAKER_02]: I'm not just courtesy, eloiling or ha-ha, it is a legit laugh out loud with some of the tweets that come out of the crypto 101 X.
2:45
[SPEAKER_02]: So that's a must follow that that's no joke.
2:48
[SPEAKER_01]: credit credit to the social team on that one, but let's jump into the news.
2:52
[SPEAKER_01]: So the biggest thing that I saw this week since we last and this happened literally right after we recorded Brian Morgan Stanley loves Bitcoin and you know obviously our listenership is very up to date not only with the crypto markets, but
3:06
[SPEAKER_01]: just the markets in general, they're smart, they're investors.
3:09
[SPEAKER_01]: So they know who Morgan Stanley is.
3:10
[SPEAKER_01]: One of the big five in the banking more, more definitely geared toward investing the markets.
3:17
[SPEAKER_01]: And Morgan Stanley is announcing that they're launching filing for a spot, folks, a spot Bitcoin ETF.
3:26
[SPEAKER_01]: And then,
3:27
[SPEAKER_01]: Right when you're like, wow, Morgan Stanley, that's that's pretty big.
3:31
[SPEAKER_01]: That's that's quite a quite a vote of confidence if you will for Bitcoin.
3:36
[SPEAKER_01]: I went and got a snack, you know me, like a little snack throughout the day.
3:40
[SPEAKER_01]: I come back refreshed my feed.
3:42
[SPEAKER_01]: Morgan Stanley files for a spot Brian, a spot Ethereum ETF.
3:47
[SPEAKER_01]: My God, listen, I know you're thinking like, okay, there's a lot of Bitcoin ETFs.
3:52
[SPEAKER_01]: There's more Bitcoin ETFs than ETFs.
3:53
[SPEAKER_01]: There's a fair amount of ETFs to this team.
3:55
[SPEAKER_01]: This isn't a big idea.
3:56
[SPEAKER_01]: This isn't that big of a deal.
3:58
[SPEAKER_01]: I totally disagree.
4:00
[SPEAKER_01]: I totally disagree for multiple reasons.
4:02
[SPEAKER_01]: The first reason is, and this one for Matt Hogan friend of the program, is that Morgan Stanley manages 20 ETFs, but mostly they're under a different name of this Calvert Paramedic Eaton Vance Brands.
4:17
[SPEAKER_01]: to bear the Morgan Stanley name, to bear the MS name.
4:22
[SPEAKER_01]: That's pretty remarkable according to Matt Hogan.
4:24
[SPEAKER_01]: I think that's a fun stat.
4:26
[SPEAKER_01]: And I totally agree.
4:27
[SPEAKER_01]: I think this is a huge vote of confidence.
4:30
[SPEAKER_01]: And just that point there of actually putting the Morgan Stanley name next to it, when that's not what they're known for as ETFs.
4:36
[SPEAKER_01]: I think it's really telling at kind of the longevity and the bullishness.
4:39
[SPEAKER_01]: And then we have a part two of this whole conversation with Morgan Stanley coming up.
4:43
[SPEAKER_01]: It's a kind of really digging our heels even more, but Brian, I got to get your take man Morgan Stanley launching a Bitcoin and ETTF our least filing for one and then hoping to launch it in 26, but the run would be there for this to get approved clearly.
4:56
[SPEAKER_01]: So what are your thoughts on this?
4:59
[SPEAKER_02]: Yeah, this is amazing.
5:00
[SPEAKER_02]: And I think you mentioned the Bitcoin, you mentioned the ethereum, and they also filed for a salata ETF as well.
5:06
[SPEAKER_02]: So Morgan Stanley is buying up our bags right now.
5:10
[SPEAKER_02]: So they're ready to be here.
5:11
[SPEAKER_02]: This is amazing news for not just those assets, but the entire crypto market, like you said, everybody in their mother, if you are somewhat,
5:20
[SPEAKER_02]: know about banks of the financial institutions.
5:22
[SPEAKER_02]: You know who Morgan Stanley is and they're in it.
5:25
[SPEAKER_02]: They're in it.
5:26
[SPEAKER_02]: They're doing a Bitcoin ETF, a Solana ETF.
5:28
[SPEAKER_02]: And I believe that the first major bank to actually file for a Solana ETF.
5:35
[SPEAKER_02]: So that's amazing stuff.
5:36
[SPEAKER_02]: And then after that, they came out and they're like, hey, we're we're getting into Ethereum as well.
5:41
[SPEAKER_02]: So this is just another feather in the cap to show that institutions are here.
5:46
[SPEAKER_02]: They're staying
5:47
[SPEAKER_02]: And I honestly think they were trying to shake us out of our bags early on because the big players, the JP Morgan's, the Jamie Diamonds, the Morgan Stanley's, the Black Rocks, they're all in the crypto game and we should all be paying attention.
6:02
[SPEAKER_01]: Yeah, it's something that we've covered and then just to it doesn't get lost in the news flow we did see that bit wise is filing for the spot link ETF, which will be a ceiling so just again more more momentum for all coins in general, but the focus the focus is definitely on Morgan Stanley here, I think that you know Morgan Stanley affirm that's managing over $1.6 trillion in assets again is just a brand name that carries a lot of weight.
6:30
[SPEAKER_01]: And it kind of can, can, uh, does it go right into, I'm trying to figure out how we want to talk about it because I think the problem with.
6:40
[SPEAKER_01]: Morgan Stanley is they've kind of been in the news specifically not with Bitcoin specifically but with kind of the how they were dealing with the MSCI news around maybe kicking out a microstrategy from their index.
6:55
[SPEAKER_01]: So it just kind of trends us so like, okay, there's a lot of good news going on.
6:59
[SPEAKER_01]: Let's tee it up with this overall.
7:00
[SPEAKER_01]: This is all good news guys.
7:02
[SPEAKER_01]: Bitcoin is seeing the good news, the ETFs are good, but what happened with this dip?
7:10
[SPEAKER_01]: It kind of all started back in October, right, with the biggest liquidation in crypto history.
7:16
[SPEAKER_01]: And I know I fumble tea in this up, but like, I think this is something that me and you have to have to talk about Brian because we're skipping around on the sheet.
7:23
[SPEAKER_01]: But if you're at home and you have a kitchen, you want to get out your tin foil, you can get out some tin foil, you get it, you know, maybe about like three, three yards, two to three yards of tin foil, you start wrapping around your head.
7:33
[SPEAKER_01]: You make a little cone there because we're going to dive into this.
7:36
[SPEAKER_01]: This is something that Brian and I talked about with you guys back about six, I guess it was what six weeks ago.
7:43
[SPEAKER_01]: So there was a there was a pressure window.
7:45
[SPEAKER_01]: Obviously, October half and the biggest liquidation in crypto history, but then
7:49
[SPEAKER_01]: With the MSCI coming out, so October 10th, Morgan Stanley Division M, sorry, MCSI is a Morgan Stanley Division announced to propose the move to remove digital asset treasury companies from its global indexes.
8:04
[SPEAKER_01]: So this is coming from people that
8:06
[SPEAKER_01]: work under an arm of Morgan Stanley and they're saying, hey, like we might remove dats from our indexes and that's would include bitmind, obviously would include micro strategy.
8:15
[SPEAKER_01]: Then all of a sudden, that's snowballed into all this micro strategy threats.
8:19
[SPEAKER_01]: You have the biggest liquidation in crypto history.
8:21
[SPEAKER_01]: Now all these large indexes are saying, well, we might kick out micro strategy, which takes away its passive income flow, which again messes up the alchemy of what Michael sailors doing, all with all
8:34
[SPEAKER_01]: It kind of curtailed this non-stop foot with not only the crypto space, but with micro-strategy.
8:39
[SPEAKER_01]: Micro-strategy tanked.
8:40
[SPEAKER_01]: Let's pull that up here.
8:42
[SPEAKER_01]: The micro, I don't know my chart master.
8:45
[SPEAKER_01]: But let's pull up the micro-strategy stock.
8:47
[SPEAKER_01]: I'm going to share this tab instead.
8:48
[SPEAKER_01]: Can you see that, Brian?
8:50
[SPEAKER_02]: Yeah, got you.
8:55
[SPEAKER_01]: So here's, here's our October, this is the biggest liquidation.
8:58
[SPEAKER_01]: Here, this is when this news came out here at 300.
9:01
[SPEAKER_01]: So since this news came out, it retraced down to about about 50%.
9:05
[SPEAKER_01]: At one point, it hit 150.
9:07
[SPEAKER_01]: So it was 300, obviously, where there was, you know, the six month trail doesn't look good at all at 57%, but 50%.
9:12
[SPEAKER_01]: It went from 300 to 150 in the timeframe that this news happened.
9:17
[SPEAKER_01]: So there's a three month pressure window.
9:20
[SPEAKER_01]: And the three months, I guess I should go back here, the three month pressure window happens.
9:24
[SPEAKER_01]: Everybody's kind of linked to this news is like, oh, well, if, if, if, if micro strategy does get removed, that's, that's huge news.
9:31
[SPEAKER_01]: And then everybody, there's all these segments, is Michael Sailer going to have to start selling Bitcoin and Yadi Adiada.
9:37
[SPEAKER_01]: And then then the wind's changed and all of a sudden the year ends and we got that first week pump that we covered along the last show.
9:43
[SPEAKER_01]: Bitcoin did well, strategy did well, just crypto and general hot kind of had a pump off the bottom.
9:48
[SPEAKER_01]: They were like, well, like, okay, new year, maybe there was that tax loss harvesting we talked about, but what was, you know, what was going on underneath the covers there?
9:56
[SPEAKER_01]: And then in 24 hours, everything flipped from January 5th and 6th.
10:00
[SPEAKER_01]: So first, Morgan Stanley filed for its own spot Bitcoin, Ethan Solani, T.S.
10:07
[SPEAKER_01]: We just covered that.
10:08
[SPEAKER_01]: Then a few hours later, MSCI announced that it would not remove crypto heavy companies after all.
10:15
[SPEAKER_01]: So it's like, again, it's not one thing that causes the price action.
10:19
[SPEAKER_01]: I don't think that's what we're trying to say here, but we can cock to this exact plan that like when we had that show months ago, Brian, me and you were on the air saying, hey, like this could be some people trying to pull some strings to get some price action down, so the big dogs can buy lower and then turn around and sell it to you.
10:39
[SPEAKER_02]: They're not getting past us, Teevel.
10:41
[SPEAKER_02]: We were all over them a few weeks ago.
10:43
[SPEAKER_02]: We were our Spidey sensors at all time high.
10:46
[SPEAKER_02]: A lot of these rumors, there was just a lot of fun coming out.
10:50
[SPEAKER_02]: That's what it is.
10:51
[SPEAKER_02]: It's fear uncertainty endowed and then it piles on and piles on and piles on and piles on.
10:56
[SPEAKER_02]: We were talking about this lab on the rundown just like you said that it just wasn't adding up for a lot of these things actually happened, but the rumor of the possibility of MSCI removing strategy and the crash and the liquidations.
11:11
[SPEAKER_02]: It was just kind of like piling on at the perfect time.
11:15
[SPEAKER_02]: Really, and it felt like there was some manipulation going in.
11:17
[SPEAKER_02]: I can't say that was 100% but if I had 10 foil next to me right now, I'd have the biggest 10 foil hat you've ever seen on because I think there's a little bit of manipulation happening.
11:28
[SPEAKER_02]: I think we're spot on.
11:31
[SPEAKER_01]: Yeah, shout out to Weird Al Jankovic, that's quite an old school pole for those who who don't know who's wearing the tin foil hat there, but I couldn't agree more, I think it's something that you don't want an essay to believe in, you want to believe in free markets and you want to believe in just kind of doing the research and trying to get the right bet, but this stuff, I mean, it's a dirty game out there, man.
11:50
[SPEAKER_01]: It's a dirty game and it just, it just feels
11:55
[SPEAKER_01]: the timing of it.
11:56
[SPEAKER_01]: It's like the timing of it when it hit.
11:59
[SPEAKER_01]: It's like, oh man, now you're really piling on like this.
12:02
[SPEAKER_01]: We never got the answers.
12:03
[SPEAKER_01]: I was talking to Bryce about this on the end of year episode.
12:06
[SPEAKER_01]: I don't let me see if you have any thoughts on it.
12:08
[SPEAKER_01]: When that whole liquidation, again, the biggest liquidation in crypto history happened back in October.
12:13
[SPEAKER_01]: Everybody's like, oh, the bodies are going to float to the surface.
12:15
[SPEAKER_01]: The body's going to float to the surface.
12:17
[SPEAKER_01]: We're all waiting for the bodies.
12:18
[SPEAKER_01]: Then we played the clip.
12:19
[SPEAKER_01]: It was
12:20
[SPEAKER_01]: It was Tom Lee.
12:21
[SPEAKER_01]: It was, uh, oh, I know who the bodies are, but I don't tell.
12:24
[SPEAKER_01]: I'm not in that business of telling and they never really floated.
12:27
[SPEAKER_01]: And I was just like, hey, Bryce, like any, any thoughts and it's just one of those things where nothing really came to be, which I thought was really interesting, especially in a time with so much negative press.
12:38
[SPEAKER_01]: So it's like,
12:40
[SPEAKER_01]: If, if nobody took the fall, you could, okay, you need, you'd go have to go the story.
12:45
[SPEAKER_01]: You'd have to go the supermarket.
12:46
[SPEAKER_01]: You have to buy a second role of aluminum foil because now we're running out.
12:50
[SPEAKER_01]: So you'd have to make a bigger hat for this one.
12:52
[SPEAKER_01]: But it's almost like, was the biggest liquidation in crypto history ganged up on?
12:56
[SPEAKER_01]: They're like, hey, let's all liquidate.
12:58
[SPEAKER_01]: Well, I'll take care of each other because nobody, nobody died.
13:00
[SPEAKER_01]: There's no funds or, you know, there could be multiple funds that I guess nobody knows about.
13:03
[SPEAKER_01]: But nothing really blew up, which kind of makes me question,
13:09
[SPEAKER_01]: What triggered all that and what how did that happen and then all of a sudden this news came out and was like, wow, now you're really piloting on and then oh, it's gone, now we're going to leave that in No, we're not we're going to take away that Mike, your strategy's fine.
13:21
[SPEAKER_01]: Oh, by the way, like the company that works for us Morgan Stanley's now launching a big queen ETF, you know, piloting
13:29
[SPEAKER_02]: I sound crazy, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry
13:59
[SPEAKER_02]: we shop in a bear market, we share, we shop in a bull market, but overall I do believe that these are some really, if you just zoom out and look at the key indicators here of some of these major institutions that are acquiring crypto, they don't want to go under, they're in this for the long run and it really benefits them to scare retail, scare the public and accumulate some of these at a lower price because they're not buying one Bitcoin, they're buying millions
14:29
[SPEAKER_02]: Down is billions of dollars.
14:32
[SPEAKER_02]: It's a big deal for a lot of these banks.
14:34
[SPEAKER_02]: So it really even though this feels this this feels very manipulated my eyes We have no proof of this.
14:42
[SPEAKER_02]: So nobody come knocking him I door because I'm not home
14:45
[SPEAKER_02]: but it feels like there's a little bit of manipulation going on but then on the other end makes me feel a little bit of bullish makes me feel bullshed you know you know it's you
15:00
[SPEAKER_01]: Not good.
15:01
[SPEAKER_02]: Go ahead, baby.
15:02
[SPEAKER_01]: No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no
15:29
[SPEAKER_01]: and they've been waiting and so you just pound the people to the pavement now you're going to turn around and launch ETFs and pull the guidance of taking away strategy so it does kind of snows it snowballs into like actually making a bullish case for the markets now and you can kind of see that in the data and that's was the title of this episode is like hey there's there's a lot of data around that the long-term holders are back
15:51
[SPEAKER_01]: So I'm going to share this chart here and you can kind of see that, you know, March, May, even the beginning of June, there was a lot of long-term holder accumulation as Bitcoin still like was in the 120s into the summer and in just holding strong and even though at one point we had fear, I know we had fear at the later in the summer, if Bitcoin fear green index was in fear and we were still above 100k.
16:13
[SPEAKER_01]: but the long-term, you know, sellers kind of took over the market there in the summer and then clearly obviously we just talked about in that three month window into the end of the year it was it was just water said water said selling.
16:26
[SPEAKER_01]: But now here if you zoom in there on the bottom right long-term holders are starting to nibble.
16:31
[SPEAKER_01]: They're starting to nibble that builds the thesis that you said that
16:34
[SPEAKER_01]: We might be feeling a little bit under the surface here that this is turning.
16:39
[SPEAKER_01]: And it kind of goes back to that, you know, you don't want to be on the same side of the boat.
16:44
[SPEAKER_01]: Like at the end of the year, it was a tough end of the year.
16:46
[SPEAKER_01]: Every couple of people, you know, there are people throwing in the towel.
16:48
[SPEAKER_01]: And I'm just going to sell this.
16:50
[SPEAKER_01]: I don't, I don't want to do this anymore.
16:52
[SPEAKER_01]: It's like that's kind of the time where you want to look around.
16:54
[SPEAKER_01]: And that's why we do the show multiple times a week.
16:56
[SPEAKER_01]: I think most of the time it's fun.
16:58
[SPEAKER_01]: There's a lot of fundamental news.
17:00
[SPEAKER_01]: There's a lot of macro news that we cover and we love our listeners.
17:02
[SPEAKER_01]: But it helps keep us honest too.
17:04
[SPEAKER_01]: Because when we get too excited, you kind of like, all right, well, let's see, let's look, where's the boogey man hiding today?
17:09
[SPEAKER_01]: Is it under the bed?
17:10
[SPEAKER_01]: Is it in the closet?
17:11
[SPEAKER_01]: And then the same thing goes holds true when it's when it's hard to make an episode twice a week when it's hard to sit down and try to find the bullish narrative.
17:19
[SPEAKER_01]: That kind of makes me question the other way as well.
17:21
[SPEAKER_01]: It's like, okay, well, what could make this turn?
17:23
[SPEAKER_01]: What, what is nobody looking at?
17:25
[SPEAKER_01]: What is nobody feeling right now?
17:28
[SPEAKER_02]: Yeah, I am under the radar extremely bullish right now.
17:32
[SPEAKER_02]: Probably more bullish and I've been for quite some time and a lot of this has to do with the most recent news and how it feels like there's Blake manipulation.
17:41
[SPEAKER_02]: This is not a price prediction, not technical analysis.
17:44
[SPEAKER_02]: This is just kind of like my gut feeling, which has led me right a lot of the time, especially in the crypto market, but I really think we're going to make a push for a hundred grand here sooner rather than later.
17:54
[SPEAKER_02]: not saying like this week or anything, but I think there was some scare factors, some pushing out some short-term holders out there at the end of the year, obviously some manipulation and fud that felt like.
18:08
[SPEAKER_02]: Now we're seeing that little blue blip of some long-term holders coming back in.
18:12
[SPEAKER_02]: I have my own indicators personally that I've always relied on some family and friends if they stop texting or if they're texting and they're all lining up that I think we're going to start to push into the next phase of this bull market.
18:25
[SPEAKER_02]: Why is it next phase of the bull market?
18:27
[SPEAKER_02]: I'm really looking at that $100,000 Bitcoin market.
18:30
[SPEAKER_02]: I think getting to that $95,000 sell wall is going to be key.
18:35
[SPEAKER_02]: I hopefully we bust through that soon and then we're going to be off
18:41
[SPEAKER_02]: and there's going to be bullish headlines or these bullish headlines are at least going to be more impactful on the price going up.
18:48
[SPEAKER_02]: And there's a there's a lot of catalysts here that we can talk about and we talked about all the time with the pro administration for a one K allocation, aching just just so many I think black rock I read added over the last three days like 900 million dollars a Bitcoin in like 200 million dollars in a theory, over the just the
19:10
[SPEAKER_02]: So I'm getting booed up personally and these are some great takes that you put on the sheet.
19:15
[SPEAKER_02]: I absolutely love where we're positioned right now.
19:19
[SPEAKER_01]: Yeah, and one more point of Morgan Stanley just literally hot off the wire while we're recording the show here.
19:25
[SPEAKER_01]: It's like, oh, well, the M. C. I news isn't isn't enough.
19:30
[SPEAKER_01]: Well, like, okay, well, we're not going to take strategy at the index.
19:33
[SPEAKER_01]: We're going to have a big queen ETF.
19:34
[SPEAKER_01]: That's not enough.
19:36
[SPEAKER_01]: We're gonna Stanley's now betting big on digital assets before we were gonna take them away now.
19:40
[SPEAKER_01]: We want to bet big It's like Giant is Three weeks ago Yeah, like what what it's like But did we not get invited to some Morgan Stanley like New Year's Eve party where they were just like a list and they had a couple They got up the Johnny Walker blew maybe the Johnny Walker black who knows and they're just like less and we love crypto now We're gonna
20:05
[SPEAKER_01]: We want them all in the index, and we're going to do spot Bitcoin, spot Ethereum, just a lot of sounds fun, and then let's, hey, let's tokenize that.
20:14
[SPEAKER_01]: Let's get our own wallet.
20:15
[SPEAKER_01]: Why don't we just get our own wallet?
20:17
[SPEAKER_01]: Like these type of plans people, sorry if that was a bad joke there.
20:20
[SPEAKER_01]: These type of plans don't come at a New Year's Eve party at Morgan Stanley.
20:24
[SPEAKER_01]: These things have been in the works for months if not year plus, right?
20:28
[SPEAKER_02]: Especially when you talk about the holidays, too.
20:31
[SPEAKER_02]: They weren't working over Christmas.
20:33
[SPEAKER_01]: Oh, you don't think you don't think my New Year's Eve party.
20:37
[SPEAKER_01]: That's not how this all happened.
20:40
[SPEAKER_02]: I don't.
20:40
[SPEAKER_02]: I think they at least had a couple weeks of a runway and it wasn't Christmas time.
20:44
[SPEAKER_02]: I don't grow.
20:47
[SPEAKER_02]: It's definitely adding up.
20:49
[SPEAKER_02]: to some manipulation for sure.
20:52
[SPEAKER_02]: Hey, good to have him on board.
20:55
[SPEAKER_02]: Anybody from Morgan stand standly listening right now?
20:57
[SPEAKER_02]: It's great to have you here.
20:59
[SPEAKER_02]: It's good to have you here.
21:00
[SPEAKER_02]: Thank you.
21:01
[SPEAKER_01]: love Morgan Stanley, like with love to have some people on the show from Morgan Stanley, I think I think that's what we want more than anything is like just kind of like we have with bit-wise and like we had Robin Hood on the show, it's like we're early adopters to the crypto space, but then anybody else who's trying to come and build in the community, like I think that's that's our whole goal is it's it's it's
21:24
[SPEAKER_01]: building this community and growing it and educating people on it.
21:28
[SPEAKER_01]: And so, you know, obviously we believe this is the future.
21:31
[SPEAKER_01]: That's why we've been here, you know, doing this show for years now.
21:35
[SPEAKER_01]: And it's exciting times, but yeah, it's kind of, you know, okay.
21:41
[SPEAKER_01]: You know, let it let it come join the join the party in a fun way.
21:44
[SPEAKER_01]: Don't don't don't be so negative and then flip and flop.
21:47
[SPEAKER_01]: It's it's uh, you know, we could all pull the old clips of Larry think saying, you know, Bitcoins for criminals and terrorists and this and that and then now there's the Bitcoin ETF.
21:55
[SPEAKER_01]: So we've seen this playbook before.
21:57
[SPEAKER_01]: It's nothing new.
21:59
[SPEAKER_01]: It's nothing new.
21:59
[SPEAKER_01]: It's just it's fresh and obviously the price action was so volatile at the end of the year.
22:04
[SPEAKER_01]: It just had people asking questions and now it seems like we're getting possibly some answers at least on the positive end for, you know, again, that long-term view of BlackRock Morgan Stanley, like these, these people, these companies aren't doing this stuff to, to then change their tune in six months.
22:21
[SPEAKER_01]: This is here to stay.
22:22
[SPEAKER_01]: But to kind of continue on to the data that you need to know,
22:26
[SPEAKER_01]: The Ethereum validator queue.
22:28
[SPEAKER_01]: I thought this was really interesting guys.
22:30
[SPEAKER_01]: There's entry and exit for staking right if you want to stake your eat You can stake it and you got away a little bit until it gets staked then you earn your yield or exit if you want to unstake to sell usually was why you would unstake
22:41
[SPEAKER_01]: Um, you know, depending on how big the queue is, is how long you got to wait.
22:46
[SPEAKER_01]: And then obviously there was a ton of unstaking in this October frame here, September 25.
22:51
[SPEAKER_01]: You know, everything happened.
22:53
[SPEAKER_01]: Everybody's on staking.
22:54
[SPEAKER_01]: Takes time to unstake and then you start selling.
22:57
[SPEAKER_01]: And then it sells to the point where there's nobody literally left to unstake.
23:01
[SPEAKER_01]: The unstaking, the unstaking queue.
23:04
[SPEAKER_01]: I, again, basically they're saying the unstaking queue is collapses zero.
23:11
[SPEAKER_01]: You know, multiple charts showing that this a validator queue is gone to basically zero for an unstake.
23:18
[SPEAKER_01]: And then as you can see, the stake in queue of the blue here has shot up into the new year.
23:24
[SPEAKER_01]: So people, yeah, I mean, again, if you bought the hype and you got kind of washed out a little bit and you want to take your tax loss harvest like we talked about earlier in the week.
23:34
[SPEAKER_01]: This chart completely adds up with that and the price action as well.
23:38
[SPEAKER_02]: Yeah, you nailed it.
23:39
[SPEAKER_02]: And I think these staking ETFs and big bitmind staking and Tom Lee's throughout some crazy numbers of how much they're going to earn just by staking their holdings.
23:50
[SPEAKER_02]: I think as as we see that mature and develop over the next few months, it's going to really open more institutionalized, more retail eyes.
23:58
[SPEAKER_02]: Again, like just another reason why
24:01
[SPEAKER_02]: Man, I do teeth.
24:03
[SPEAKER_02]: I'm telling you, I feel like we bought him ticked.
24:04
[SPEAKER_02]: I've been talking about chopping a lot and again, we could take a small percentage up or down.
24:09
[SPEAKER_02]: But I really feel like we found this local bottom and this is the bullish news that we're talking about every single week.
24:15
[SPEAKER_02]: It's now that I start to translate to positive price movement.
24:18
[SPEAKER_02]: I'm boot up again.
24:20
[SPEAKER_02]: I'm super bold up.
24:21
[SPEAKER_02]: I was a little bit wary in December.
24:24
[SPEAKER_02]: Didn't really know where everything was going for good reason.
24:26
[SPEAKER_02]: And now with just just seeing, I don't want to say manipulation, but just seeing how the news has changed so quickly and kind of how this probably shook out in the back rooms, oh my god.
24:38
[SPEAKER_02]: It's probably time for big daddy to start dusting off some fiat and buying a little bit more of this spot because it feels like it's a good time.
24:45
[SPEAKER_01]: Yeah.
24:45
[SPEAKER_01]: Yeah.
24:46
[SPEAKER_01]: I agree.
24:46
[SPEAKER_01]: And I think we covered it really well into the end of the year.
24:49
[SPEAKER_01]: Um, again, this isn't personal financial advice for anybody.
24:53
[SPEAKER_01]: You got to do your own research.
24:54
[SPEAKER_01]: We're not personal financial advisors.
24:55
[SPEAKER_01]: And we all, we all invest in trade in different ways.
24:59
[SPEAKER_01]: But I think one thing that we've consistently said is that, yes, even though Brian is a moment, a money maker, you know, a lot of his stuff is in kind of a buy and hold strategy, right?
25:07
[SPEAKER_01]: You're just, especially your Bitcoin, your Ethereum.
25:10
[SPEAKER_01]: And I kind of felt like after the October,
25:14
[SPEAKER_01]: all, you know, liquidation event.
25:16
[SPEAKER_01]: I was like, okay, there's going to be more to go here.
25:18
[SPEAKER_01]: So maybe I should just sell and hold, but at that point you're sitting on gains.
25:22
[SPEAKER_01]: You don't want the tax and then it says like, all right, that just feels like the selling felt like the same side of the boat and I always like to be on the other side of the boat usually or at least in the middle of the boat in the snack room.
25:32
[SPEAKER_01]: But, so I was like, I'm not gonna sell, and then it crashed down, I was like, I crap, that would have been nice to save that.
25:40
[SPEAKER_01]: But, at the same time, then you got to deal with the tax implications, and then then into the year, it went from like, oh, everybody wants to sell to now.
25:49
[SPEAKER_01]: It's like, all right, yeah, I guess if you did buy in the 120 to...
25:52
[SPEAKER_01]: you know hundred ten range and then with the theory of an all coins like yeah you probably do want to take that tax loss harvest so then that was a self-fulfilling prophecy into the end of the year and then I agree with the man nobody nobody feels bullish at all it feels it's tumbleweeds it's tumbleweeds out there
26:08
[SPEAKER_01]: and like I've said this so many times on this program we see you like we see the numbers when when the price action rockets our numbers go crazy which is awesome because there's people hopefully that trust us that remember you know hey when there's crypto action they want to come here but it's also tons of new people checking it out for the first time and
26:25
[SPEAKER_01]: And I think we're so lucky that we have such a strong base for our podcast that there's tons of people that are always here.
26:31
[SPEAKER_01]: So shout out to you guys, we love you guys, but like the numbers go down.
26:36
[SPEAKER_01]: It goes with the price action.
26:37
[SPEAKER_01]: You can see it.
26:38
[SPEAKER_01]: And then when the price action comes back, they'll be back.
26:40
[SPEAKER_01]: And that's another contrarian signal to watch.
26:43
[SPEAKER_01]: So I feel like I agree with you.
26:44
[SPEAKER_01]: There's some bottom ticks here that I really, really, really like.
26:48
[SPEAKER_01]: And the number one thing was, I told you, I think the other episode was over Christmas.
26:52
[SPEAKER_01]: It was like, hey, I had my uncle texting me and, you know, Matt May and June, like, hey, like, is it finally time?
26:59
[SPEAKER_01]: Should I buy some of this Bitcoin?
27:00
[SPEAKER_01]: I was like, that's it, like it's over, like it's over.
27:05
[SPEAKER_01]: And then I made sure of a point.
27:08
[SPEAKER_01]: I made sure of a point to like, talk about the podcast at one point when he was around.
27:13
[SPEAKER_01]: And like, he didn't even get, he was just on his phone.
27:16
[SPEAKER_01]: He didn't ask.
27:17
[SPEAKER_01]: anything about the work crypto didn't ask about Bitcoin, which probably means maybe he bought it and got washed, but uh... again i agree with you there's a bottom tick here and i think some of these signs of again the long-term holders buying nobody wants to unstake anymore which is kind of a contrarian cell signal uh... are non cell signal for for uh... ethereum and then let you said bit mine and bit mine continues to stake
27:43
[SPEAKER_02]: they they have over one billion dollar state and just a few in a few days i mean that's like when you really think about it's millions and millions of dollars that they're going to be earning i forget the exact number of top my head but it's something absurd and i'm like man that's just a business in itself
28:01
[SPEAKER_01]: I think the show is just taking it on the chin because he puts out his wild price targets and and credit to him.
28:10
[SPEAKER_01]: I mean he puts out wild stuff and we've played it on the show and it does not come true yet, but again, if you go into the timely vault.
28:17
[SPEAKER_01]: You know, you don't want to fight a Tom Lee back in what was a 2017 or something with Bitcoin like 5K and he's just like, yeah, we just everybody should have 1% in Bitcoin like back when it was a 5K.
28:29
[SPEAKER_01]: So like, you don't want to go back into the Tom Lee vol and fade him when he's talking about that stuff.
28:33
[SPEAKER_01]: But I'll say in the short term, that guy's taking some shots on Twitter, but he still shows up.
28:37
[SPEAKER_01]: He still tweets.
28:38
[SPEAKER_01]: He still does his press runs.
28:40
[SPEAKER_01]: Obviously he's bias with, you know, being the chairman of BitMine and his company funstrat, but
28:45
[SPEAKER_01]: uh... i think it's it's a fascinating story line to follow and like you said once they stake this and start getting it's basically revenue right like yield earning is revenue and you know just one solid pop of of a theorem like a you know fifteen twenty percent twenty five percent pop and a theorem
29:06
[SPEAKER_01]: Talk about a victory lap that that guy will be able to take and then again, does that snowball effect and get more people to want to buy in more companies more banks or like Morgan Stanley building their digital wallet like they didn't announce what chain they might want to you know put put on their assets, but again, it's probably Ethereum, it's probably Solana one of the two at least if not both of the ETFs that they're going to offer right?
29:35
[SPEAKER_02]: Yeah, it's exciting and again, shout out to Tom Lee because he was showing up and he was taking on the chin there when we were, you know, bleeding the wrong direction, wrong direction in the east went from four to.
29:49
[SPEAKER_02]: I think once we see some bullish, once we see some price action bounce back, I think I think they're going to not bring up those those days for very long I'm excited for where we're headed.
30:02
[SPEAKER_01]: Yeah.
30:03
[SPEAKER_01]: Let's see, just to put a cap on Ethereum 2025 was the second worst year in Ethereum history with only three green months.
30:14
[SPEAKER_01]: So if you're talking about per month basis, only three green months.
30:18
[SPEAKER_01]: You hate to see that.
30:20
[SPEAKER_01]: We're going to keep an eye on for everybody for 2026 to see what a see what Ethereum can do.
30:26
[SPEAKER_01]: I think it I think it's
30:28
[SPEAKER_01]: In my opinion, I think it's one of the most interesting storylines is actually Ethereum Solana bringing real-world assets on chain and then seeing where these, you know, brokerages and big banks and legacy, you know, legacy financial banks like Morgan Stanley, Robinhood's not legacy per se, but they're definitely new age, she's using arbitrum on Ethereum and seeing, you know, where these companies are going to start going.
30:57
[SPEAKER_01]: I think that's the narrative that could be the snowball effect for kind of your next outperformer at least for the blue chips.
31:05
[SPEAKER_02]: Yeah, and then we didn't even talk about stablecoins.
31:08
[SPEAKER_02]: stablecoins with such a buzzword in 2025 is how it's got to change the entire legacy financial institution.
31:15
[SPEAKER_02]: And that's another reason why people should be very bullish on Ethereum.
31:19
[SPEAKER_02]: That's Tom Lee's theory a lot of time is very structurally bullish for Ethereum.
31:24
[SPEAKER_02]: all these stable coin payment rails that are going to be taking over in implemented this year.
31:30
[SPEAKER_02]: So again, there's no shortage of bullish news and we're all kind of scratching our head for a long time, why the price action was depressed and then there was fud and then there was liquidations, but it feels like it's behind us and this Morgan Stanley news is bit my news, all this bullish news,
31:49
[SPEAKER_02]: I think it's a press over the past few weeks of chopping this and it's another reason why I'm really starting to drink the cool aid again and I think we're going to have this really interesting first quarter of 2026.
32:01
[SPEAKER_02]: I really do.
32:03
[SPEAKER_01]: Yeah, speaking of the coolade, a nice tall glass of XRP with the XRP army would be nice on this hot Florida day down south.
32:13
[SPEAKER_01]: I thought this was fascinating.
32:14
[SPEAKER_01]: CNBC just started shilling XRP.
32:17
[SPEAKER_01]: I know that, you know, it's obviously a great community, but I just thought this was fascinating kind of segment on CNBC.
32:26
[SPEAKER_01]: So let's take a listen.
32:27
[SPEAKER_00]: hottest crypto trade of the year is not Bitcoin.
32:30
[SPEAKER_00]: It is not ether.
32:31
[SPEAKER_00]: It is XRP.
32:33
[SPEAKER_00]: The coin formerly noticed ripple.
32:35
[SPEAKER_00]: Sorry more than 20% this year.
32:37
[SPEAKER_00]: It got me in the third largest crypto currency out there and there's big money behind this trade.
32:42
[SPEAKER_00]: The Kenzi segala joins us now with that XRP trade and what Mac is driving all of this interest in XRP.
32:51
[SPEAKER_01]: fascinating segment, I think, to have on, you know, on national television, I think it gives a lot of, a lot of credence, a lot of love to the XRP Army, a lot of excitement.
33:02
[SPEAKER_01]: And again, whether you agree with it or not, it doesn't matter.
33:06
[SPEAKER_01]: It's there, the hype's there.
33:07
[SPEAKER_01]: And so I think this is the type of story.
33:11
[SPEAKER_01]: that, you know, you could kind of carbon copy for a salon, a foreign ethereum for Vasu, you're for any, if for any coin that gets high and publicity like that, that again is going to start bringing not only the masses, but, you know, larger institutions as well, the double triple down.
33:27
[SPEAKER_01]: And I think that's, that's kind of the, let me just get your take on XRP.
33:31
[SPEAKER_01]: And then I have, I do have a, I can lead us to like a broader conversation of liquidity.
33:37
[SPEAKER_02]: Serbian Ripple, myself.
33:40
[SPEAKER_02]: I've always had this very odd relationship because I'm not a part of the Ripple Army, but they come out in full force and it trades like a meme coin sometimes and I love those momentum plays.
33:51
[SPEAKER_02]: So I have dipped my toes into XRP, but I've never looked at it exactly what they're.
33:56
[SPEAKER_02]: because of the tokenomics and the holdings and we can go on and on about that.
34:00
[SPEAKER_02]: But on the other side of things, I want Ripple and XRP to get attention.
34:04
[SPEAKER_02]: I wanted to go up.
34:05
[SPEAKER_02]: I want the Ripple Army to absolutely get rich because that's only good for the entire crypto market as a whole.
34:14
[SPEAKER_02]: So this is great to see that CNBC is talking about Ripple.
34:18
[SPEAKER_02]: I still need some convincing to
34:25
[SPEAKER_02]: I have a lot of close friends, some family members that are part of XRP and they will go blue in the face, defending everything about it and I'm just like, you know what?
34:35
[SPEAKER_02]: I want you to get rich.
34:37
[SPEAKER_02]: I want XRP to go where you wanted to go because it's going to be good for my bags too.
34:41
[SPEAKER_02]: But personally, I'm not a holder, but shout out XRP Army, Stagnon CNBC is good stuff.
34:48
[SPEAKER_01]: Yeah, let's hear what the back end of that was with the Queen's main stream now,
34:54
[SPEAKER_01]: Yeah, I just, I don't know that.
34:55
[SPEAKER_01]: Like, no, he wanted to do it.
34:56
[SPEAKER_01]: He wanted to do it in a thought.
34:58
[SPEAKER_01]: A lot a little bit of, a little bit of fluff, a little bit of fluff on the XRP segment.
35:01
[SPEAKER_01]: I got to say, but when you're having XRP day on CNBC, it's something that you have to, you have to take note.
35:07
[SPEAKER_01]: And so we love the XRP army here.
35:09
[SPEAKER_01]: We root them on, and who knows?
35:13
[SPEAKER_01]: Who knows, maybe we'll, the whole goal is that we can, we can go to the moon together.
35:18
[SPEAKER_01]: A team that, I guess agreed that they're not going to the moon together is Z-Cash.
35:24
[SPEAKER_01]: Brian, you brought this to my attention.
35:26
[SPEAKER_01]: Who's going to pass off to you?
35:27
[SPEAKER_01]: Yeah.
35:28
[SPEAKER_01]: Great segue.
35:28
[SPEAKER_01]: I'm a professional.
35:30
[SPEAKER_01]: And this off to you for Z-Cash.
35:33
[SPEAKER_01]: Z-Cash.
35:35
[SPEAKER_01]: Develop Z-Cash was kind of the bell of the ball.
35:37
[SPEAKER_01]: I'm going to pull it up on Coin Market Capital.
35:39
[SPEAKER_01]: You see this up here.
35:40
[SPEAKER_01]: because some great price movement from Z-Cash, especially in 25, right?
35:45
[SPEAKER_01]: But seems like there's some disagreement in the team.
35:50
[SPEAKER_02]: Okay.
35:50
[SPEAKER_02]: Yeah, I just want to jump back to Ripple real quick.
35:52
[SPEAKER_02]: The Ripple Army wants the Yacht to get fired up.
35:55
[SPEAKER_02]: Don't forget to invite Tvo and I.
35:57
[SPEAKER_02]: You know, just get us a spot on that yacht, that Ripple Army yacht.
36:01
[SPEAKER_02]: I'll do whatever you want.
36:03
[SPEAKER_02]: But according to Z-Cash as everybody, if you're not familiar with Z-Cash, they're a major privacy coin.
36:09
[SPEAKER_02]: They do a lot of interesting things within privacy and privacy coming in to 20 and to 2025 into 2026, A.S. 16.
36:17
[SPEAKER_02]: Z wrote a bunch about this.
36:19
[SPEAKER_02]: But privacy is going to be a big meta.
36:22
[SPEAKER_02]: We like to call it coming into this year.
36:25
[SPEAKER_02]: So Z cash has been absolutely ripping.
36:28
[SPEAKER_02]: It is a legacy coin.
36:29
[SPEAKER_02]: I used to own Z cash back in the day and it went up pretty nicely.
36:34
[SPEAKER_02]: I forget exactly what the all time high was or
36:38
[SPEAKER_02]: but it was moving and then it was actually performing quite well up until this morning.
36:43
[SPEAKER_02]: And then we wake up and we find out that the Z-Cash developers had a little bit of a little tiff and I think they're threatening or some of them have said that they're going to own their open their own privacy chain.
36:55
[SPEAKER_02]: I honestly didn't even know Z-Cash had major developers working on their chain.
37:02
[SPEAKER_02]: I guess it's just ignorant of me not thinking that, but when I saw that, I was like, oh, I thought they were, I don't know.
37:07
[SPEAKER_02]: I just thought it was like a privacy chain running on its own and we were buying it because of the privacy meta, but this is very interesting that they're talking about opening their own privacy chain or a company after a little bit of a board clash.
37:19
[SPEAKER_02]: I don't think this is going to take Z-Cash to zero.
37:23
[SPEAKER_02]: I do think that this is a little bit bearish right now, for Z-Cash, and there's going to be some tough times there for some Z-Cash holders.
37:31
[SPEAKER_02]: But I don't think it's going to go to zero.
37:34
[SPEAKER_02]: I think it's going to probably recover.
37:35
[SPEAKER_02]: There's some very, and this could be very bullish.
37:38
[SPEAKER_02]: I've been thinking about this, and wanted to talk to the money makers community about this probably more in our newsletter next week.
37:48
[SPEAKER_02]: beta play over to like the maneros the XRM.
37:52
[SPEAKER_02]: That's another privacy chain.
37:54
[SPEAKER_02]: We talked a moment of money maker shout out to anybody in the chat from the MMM group about Umbrot, which is the Solana privacy layer that was released on metadata recently.
38:04
[SPEAKER_02]: And I think that has some very interesting
38:08
[SPEAKER_02]: Mechanics to it and tokenomics to it so this could be this might be short-term here Barish for Zcash because nobody likes to see developers leave and threatened to open their own chain But this could be bullish for some other privacy coins over there.
38:22
[SPEAKER_02]: So you know a little bit of alpha I I may hold her so I want everybody know, but I'm brought over on Solana
38:28
[SPEAKER_02]: I'm going to definitely be keeping close on it over the next few days to see if some of these Z cash holders are like, hey, we don't like this back and forth, we're going to go over to another privacy because privacy is not going anywhere.
38:42
[SPEAKER_01]: Yeah, I think that's across the board, whether it's crypto or the stock market, privacy, you know, companies like CrowdStrike, I think CrowdStrike is one of the top performers on the last three years just because again with AI, there's more threats and more threats
38:58
[SPEAKER_01]: more privacy and and so any any project like that seems to be a bell the ball and I agree with you's not going away at least the narrative is not going away and again for momentum money makers like Brian said if that's the type of stuff if you want that early access to Brian and Joe's thoughts uh there's a dollar trial it's
39:15
[SPEAKER_01]: the new year we want to give everybody access to it if they're interested for one dollar check the link below so you can get kind of the first first alert for Brian and Joe's momentum money makers we covered all the time just some absolute winters in there but don't don't cry don't cry for the Z-Cash family quite yet yeah one week down 16% here you see on the screen but
39:37
[SPEAKER_01]: for all those saying when's all coincies and i mean one year after that's sixteen for that defined one year uh... i mean i know we covered z-cash when it was flying high i mean this this rip from man that was you know late september to got the like a hundred and a seven hundred yeah that's that's crazy it's crazy is eight hundred percent uh... move there so
40:00
[SPEAKER_01]: you know there's there's winners there's winners out there man there's winners out there and ZKAS seems to be forming a base here so we'll see if we'll keep tabs on it obviously and see if this news is something that is more of a take down of the recent price action or just kind of forms a base and and ZKAS is still a winner but um
40:20
[SPEAKER_01]: Let's let's a good transition with momentum money makers to kind of hand the ball off to you.
40:26
[SPEAKER_01]: We were going to do it the other day.
40:27
[SPEAKER_01]: We ran into some technical difficulties.
40:29
[SPEAKER_01]: I was a huge proponent of the Puggy Penguin action over the holiday they're Brian with just tons going on.
40:40
[SPEAKER_02]: Yeah, the punch of Penguin team is continuing to produce.
40:43
[SPEAKER_02]: I think the price is up a little bit, you know, whenever we see a big uptick with, you know, the majors, you know, in the crypto market looks healthy.
40:53
[SPEAKER_02]: Of course, meme claims are going to fly.
40:55
[SPEAKER_02]: We saw that just recently, we talked about that on Monday, that Bitcoin maybe had a 5% move with some, like, the PEPA's in the world, had 20% moves.
41:03
[SPEAKER_02]: Pudgy penguins had huge moves, but they're out here, continuing to just absolutely rock it.
41:09
[SPEAKER_02]: As you just showed a moment ago, that's a Luke and that's tweet.
41:13
[SPEAKER_02]: Yeah, what's it up by the last week?
41:14
[SPEAKER_02]: 32% let's go.
41:16
[SPEAKER_01]: Absolutely, absolutely.
41:19
[SPEAKER_01]: That's a good one.
41:20
[SPEAKER_02]: Take a look.
41:22
[SPEAKER_02]: Again, show us, yeah, I'm a big pudgy penguin fan, you know, they're not just a plushy company selling 50-100 million dollars of toys and Walmart Target and Amazon.
41:31
[SPEAKER_02]: They're not just an NFT company.
41:33
[SPEAKER_02]: They're not just a world-breaking web three company.
41:37
[SPEAKER_02]: They're doing it all and what else they did is they paid about a half a million bucks to go on the Vegas sphere.
41:43
[SPEAKER_02]: And I at first I was like, uh, how's that going to be by saw that thing everywhere?
41:48
[SPEAKER_02]: I saw people that live in Vegas buddies of mine who know them in the crypto world.
41:51
[SPEAKER_02]: They're like, isn't this the cute penguin you're talking about?
41:54
[SPEAKER_02]: Flashing pictures of it.
41:55
[SPEAKER_02]: So it's cool.
41:55
[SPEAKER_02]: It was a lot of fun, uh, to see that they were on the Vegas fear recently.
42:00
[SPEAKER_02]: And then they also came out, uh, the next, uh,
42:04
[SPEAKER_02]: link up there.
42:05
[SPEAKER_02]: I'm a big NHL guy.
42:07
[SPEAKER_02]: So I was watching the winter classic and I don't know how many other people watch winter classic on New Year's day, but there's Pudgy penguins stuff all over it.
42:14
[SPEAKER_02]: So it's great to see the NHL embrace it in the Pudgy penguin team.
42:18
[SPEAKER_02]: So they're all over the winter classic fest.
42:21
[SPEAKER_02]: So this just goes to show you that.
42:23
[SPEAKER_02]: There's this integration between the Web2, where all just a standard world, and then Web3, and how something like a meme coin or an NFT project initially, like Pudgy Penguins, can continue building products, getting exposure, and this isn't gonna happen overnight.
42:40
[SPEAKER_02]: That's what everyone needs to understand, and it starts to integrate where we're seeing it in clips of NHL commercials, we're seeing it on Vegas fears, we're playing the games.
42:48
[SPEAKER_02]: Before you know that I think the Puggy penguins get to be more and more recognizable to people that don't even know it's associated to a crypto company.
42:57
[SPEAKER_02]: I think I've told you about my son once in a Walmart.
43:00
[SPEAKER_02]: We're walking around and he grabbed one of the Puggy penguins toys.
43:03
[SPEAKER_02]: You can't see it on my back right now.
43:05
[SPEAKER_02]: But he grabbed it.
43:06
[SPEAKER_02]: He's like, I want this.
43:07
[SPEAKER_02]: I want this.
43:07
[SPEAKER_02]: And I looked at it.
43:08
[SPEAKER_02]: I was like, oh, yeah.
43:08
[SPEAKER_02]: It's the Puggy penguins toy.
43:09
[SPEAKER_02]: Well, by this plushy, I scanned it.
43:12
[SPEAKER_02]: And I think
43:13
[SPEAKER_02]: You did get rewards, so you are going to get rewards in Pengu, but he didn't buy it because it was relating to crypto and all it bought it because he liked the aesthetic.
43:21
[SPEAKER_02]: They're doing some great things out here, so shout out to Luca, let's get him on the podcast here soon.
43:26
[SPEAKER_01]: Yeah, that's, that's a goal.
43:28
[SPEAKER_01]: I'm, I'm trust me.
43:29
[SPEAKER_01]: I'm working on it.
43:30
[SPEAKER_01]: I'm trying my best.
43:31
[SPEAKER_01]: The, um, I, I also was a purchaser of Puggy Penguin pair.
43:36
[SPEAKER_01]: I bought the book.
43:37
[SPEAKER_01]: I got the Puggy book.
43:39
[SPEAKER_01]: Uh, I bought it off of Amazon.
43:40
[SPEAKER_01]: It got there in time.
43:41
[SPEAKER_01]: I gave it to my nephew for Christmas.
43:44
[SPEAKER_01]: Um, he's a little too young, but he definitely enjoyed it.
43:47
[SPEAKER_01]: He said, Penguin, Penguin, but I thought,
43:49
[SPEAKER_01]: what was more interesting was actually all the adults.
43:52
[SPEAKER_01]: So, you know, you've opened the gift, it's a book and they're like, oh, what's that in the book?
43:55
[SPEAKER_01]: And I'm a kind of explaining, you know, it's my meme coin book.
44:05
[SPEAKER_01]: And I'm telling them, I was like, yeah, like there's a penguin.
44:08
[SPEAKER_01]: But like here's what it was, kind of to your point of the store.
44:11
[SPEAKER_01]: They were all like, oh, and they're flipping through the pages.
44:13
[SPEAKER_01]: They're like, yeah, these penguins are so cute.
44:15
[SPEAKER_01]: I love them.
44:15
[SPEAKER_01]: I love these penguins.
44:17
[SPEAKER_01]: And there's just something.
44:18
[SPEAKER_01]: There's something about Puggie when you see them, whether it's on a book, on your screen, on your phone, or in person at the winter classic here.
44:25
[SPEAKER_01]: You just think they're cute.
44:27
[SPEAKER_01]: And you just want to run up and squeeze them.
44:29
[SPEAKER_01]: I'm sure if you saw him in person, there you'd want to run up and give that penguin a hug and take a picture.
44:35
[SPEAKER_01]: I think that, uh, uh, name and other meme coin, it's it would be hard to name one.
44:41
[SPEAKER_01]: You're our meme coin expert that like during the downfall of price action and into the end of the year, right?
44:48
[SPEAKER_01]: The dulled rooms of the price action.
44:50
[SPEAKER_01]: What other meme coin was was raising revenue, selling plush toys and books and pez dispensers and
44:56
[SPEAKER_01]: It's hard, you know, the obviously racks out there doing their thing, but it's, I think there's few and far between of the projects that are actually trying to, you know, build a brand and build a business behind it.
45:10
[SPEAKER_01]: And my guess is that when the price action turns around, you get that healthy balance of crypto price action.
45:17
[SPEAKER_01]: Yes, a rising tide lifts all boats, but again, you're trying to find those winners.
45:21
[SPEAKER_01]: So,
45:21
[SPEAKER_02]: I think it's interesting their game their games elite two man you should oh your nephew's young I was gonna say you should get them on the Puggie party game my kids love it It's it's a great mobile game like when they're just bugging the heck out of me and the car I give them my phone and they'll like Puggie penguins the game And it's a really fun game and just wait until they probably access some sort of flywheel to reward Players points to tokens There's a there's a lot of levers they can pull to make this thing really take off
45:50
[SPEAKER_02]: now it's going to it's going to be a slow cook too.
45:53
[SPEAKER_02]: You know nothing happens overnight.
45:55
[SPEAKER_02]: We can see like the digital gold, the bitcoins of the world, the greatest story I think out there you could talk about, but it's going to be a slow cook.
46:03
[SPEAKER_02]: It's going to be volatile, but well, tell you what, it's a slow cook until it's a slow cook until it's not.
46:08
[SPEAKER_01]: I mean 31% week is nothing to sneeze at.
46:10
[SPEAKER_01]: I mean, that's a gains for, you know,
46:12
[SPEAKER_01]: two years basically if you're just going to throw it into the S&P and close your eyes and hope for an average year.
46:18
[SPEAKER_01]: So you get that in seven days.
46:20
[SPEAKER_01]: That's definitely nothing to sneeze at.
46:21
[SPEAKER_01]: But just want to before we continue on with Brian, uh, two things.
46:25
[SPEAKER_01]: Number one again, moment of money makers, $1 trial, check it out in the chat.
46:29
[SPEAKER_01]: If you want that first alert from Brian and Joe getting their newsletters and it's just, it really is such a fun community.
46:35
[SPEAKER_01]: There's so, so many great people in there.
46:38
[SPEAKER_01]: Check out the link below, give it a
46:40
[SPEAKER_01]: Also shout out to the YouTube chat.
46:42
[SPEAKER_01]: We haven't gotten into the flow yet of planning these and promoting them We're gonna get back into that.
46:47
[SPEAKER_01]: They're alive right there live in the chat right we didn't even promote it Which is a testament to our community how much growing but man.
46:54
[SPEAKER_01]: We got blazing band it We've got blazing band it.
46:57
[SPEAKER_01]: We've got smokey the band in the bandits around full force Zen style two six I know grants out there as well, so
47:05
[SPEAKER_01]: Just absolute thank you guys for rocking the chat and yeah, it's going to be a great year lives.
47:11
[SPEAKER_01]: It is going to be a priority to try to get those more scheduled and get more of the community in here, which is always more fun.
47:17
[SPEAKER_01]: But let's let's move on with whatever you take the show, you take the reins, I'll produce.
47:22
[SPEAKER_01]: Tell me where you want to go.
47:23
[SPEAKER_02]: Oh yeah.
47:25
[SPEAKER_02]: Yeah, let's go to the next one.
47:26
[SPEAKER_02]: You know, NFTs have been interesting.
47:28
[SPEAKER_02]: Actually when we saw the bounce in the crypto majors with Bitcoin a 5% we saw some NFTs across the board.
47:35
[SPEAKER_02]: I get that the NFTs market isn't like what it was in 2021, but there's still some huge sales happening out there actually.
47:43
[SPEAKER_02]: friendly with anonymous, so shout out, great sale by him to O'Row Paul.
47:48
[SPEAKER_02]: I mean, he's O'Row Paul is one of the biggest X-copy bulls out there.
47:53
[SPEAKER_02]: And if anybody wants to know X-copy is, he is, if there's a Mount Rushmore for digital artists out there, he would be one of those on Mount Rushmore.
48:00
[SPEAKER_02]: He's one of the most well-known non-doxed
48:04
[SPEAKER_02]: artist out there.
48:05
[SPEAKER_02]: This is the one of one of his actually my Twitter profile is the X-copy grifter and it's one of the few NFTs that I just grail hold and I absolutely love it.
48:15
[SPEAKER_02]: So it's great to see that major sales like this are still happening and Rao he's he's buying it up for about $611,000 a one of one huge huge huge W by the seller huge W by the buyer and it's just
48:33
[SPEAKER_02]: And we could roll into the next topic.
48:35
[SPEAKER_02]: I wore the red cat for a reason Tvo because you know what's happening.
48:39
[SPEAKER_02]: They got another drink coming out.
48:41
[SPEAKER_02]: This was announced.
48:42
[SPEAKER_02]: I think yesterday.
48:42
[SPEAKER_02]: It's a collaboration with world star the hip hop with their cherry cola.
48:49
[SPEAKER_02]: So, they're still moving.
48:50
[SPEAKER_02]: They're still getting major partnerships.
48:52
[SPEAKER_02]: They got partnerships with X games, partnerships with all these.
48:55
[SPEAKER_02]: The move pays, the open seas.
48:58
[SPEAKER_02]: This is another token out there, like Pudgey Penguin.
49:01
[SPEAKER_02]: That was an NFT company that turned into a meme coin that turned on the flywheel.
49:06
[SPEAKER_02]: And now they have this meme coin to real-world product that's actually moving the needle.
49:12
[SPEAKER_02]: I know their tokens kind of been flat recently.
49:14
[SPEAKER_02]: I had nice balance with the rest of the market.
49:17
[SPEAKER_02]: But now you can go in and the OSF is the founder actually said a couple weeks ago that they're just going to get these activations going soon.
49:25
[SPEAKER_02]: You're going to be able to go into a store and their giant evil out in the Midwest is going to be when you can buy a wrecked case and the barcode and you're going to be able to collect wrecked tokens off of the physical case soon.
49:37
[SPEAKER_02]: I don't know when that's actually going to happen, but when you start seeing more and more people choosing wreck drinks because they like it and because they can get like a meme coin or a brand token out of it, it's just disrupting the consumer world of the brand world like we've never seen and huge shout out to the team for this major collaboration.
49:57
[SPEAKER_02]: I love to see it and I'm going to be a buyer.
49:59
[SPEAKER_02]: I'm going to buy this.
50:00
[SPEAKER_02]: So I don't I don't know if you get tokens or anything
50:06
[SPEAKER_01]: Yeah, cherry coal them in and then I a world start hip-hop.
50:09
[SPEAKER_01]: What a what a collab.
50:11
[SPEAKER_01]: You remember back in the day?
50:13
[SPEAKER_01]: I mean, I guess they still got all the viral, the viral hits and they'd have those tag lines for maybe that was hot new hip-hop was like world star.
50:21
[SPEAKER_01]: Hot new hip-hop.com.
50:23
[SPEAKER_01]: Those are those are the days going through the internet and here in those tag lines world star.
50:29
[SPEAKER_01]: That's when you knew that's when you knew the video was going viral.
50:33
[SPEAKER_02]: Yeah, no doubt.
50:34
[SPEAKER_02]: It's a great collab.
50:35
[SPEAKER_02]: So I love to see it.
50:37
[SPEAKER_02]: You know, I love to talk about prediction markets.
50:40
[SPEAKER_02]: I think this is the prediction market super cycle.
50:44
[SPEAKER_02]: I mean, you can't even get there's just every day.
50:46
[SPEAKER_02]: You wake up and you see more and more news about prediction markets.
50:49
[SPEAKER_02]: Pauli markets CMO, I believe it is actually doubled down and made more announcements that they're probably is going to be a polytoken.
50:59
[SPEAKER_02]: So even more reasons to just check it out and we have a lot we're going to talk about the next tab here, but you can see that there is a pretty big partnership here where they're going to launch real estate prediction markets powered by parcels so shout out to parcels well great news and we've had like a lot of people talking about.
51:17
[SPEAKER_02]: Pauli Martin.
51:18
[SPEAKER_02]: This was sparked with Venezuela, actually.
51:21
[SPEAKER_02]: There was like a guy who made like hundreds of thousands of dollars on like what happened in Venezuela and the dates.
51:29
[SPEAKER_02]: And there was like some really well time bets here happening.
51:33
[SPEAKER_02]: And now we have some planned bills that could keep government insiders out of utilizing these prediction markets.
51:39
[SPEAKER_02]: I don't know that.
51:40
[SPEAKER_02]: That might be tough to keep people from doing this.
51:43
[SPEAKER_02]: And then I saw like a tweet thread.
51:45
[SPEAKER_02]: I think it was Brian Armstrong from Coinbase talking about how
51:49
[SPEAKER_02]: The truth is actually in these insiders, you know, when you see these, I saw the pop, yeah, and it kind of makes you think you're like, yeah, you're right, like they're just early in the game and it really, so maybe maybe you don't like the wagering of the peer to peer of Paul, we market and I get that, but it's becoming more, more clear.
52:11
[SPEAKER_02]: that the news is being pushed through these prediction markets, probably because insiders are just hammering it when they get an opportunity.
52:20
[SPEAKER_02]: But if you really want the truth, you look where people people
52:24
[SPEAKER_02]: where people put their money and it's exactly what these prediction markets are doing and that's why we're seeing huge partnerships out there.
52:30
[SPEAKER_02]: And I think, yeah, go to the next tab.
52:32
[SPEAKER_01]: Paul, you market, you know, I want to kick around kick around that thought the Brian Armstrong interview because I, I digested that at first.
52:40
[SPEAKER_01]: I was like, no, it's not fair if you have inside info, like it's inside a trading, but it was interesting how he eloquently put it and then I thought about it for a little bit.
52:49
[SPEAKER_01]: I was like, yeah, yes, that is right.
52:50
[SPEAKER_01]: Like if, if
52:50
[SPEAKER_01]: If we're in this age, uh, I ran out of tin foil from segment a couple seconds ago, but if you want to, if you want to say we're in this age where it's hard to find, you know, good, truthful information, then the insiders are important and being an insider gets you, uh, you know, again, if you're going to go gamble and make money on it, then being an insider gets you rewarded.
53:13
[SPEAKER_01]: for being an insider even though it's inside information the truth comes out and so like okay well why should we why should somebody
53:23
[SPEAKER_01]: You know, want to tell the truth, it's like it's still a transactional world that we live in, right?
53:28
[SPEAKER_01]: If you do something most of the time you want to get paid, if you work, you want to get paid.
53:32
[SPEAKER_01]: It's like, now we're in this era where just information is everywhere.
53:37
[SPEAKER_01]: And it's, you know, some of it's funny, some of it's AI, some of it's jokes, some of it's serious.
53:43
[SPEAKER_01]: Some of it's misinformation.
53:44
[SPEAKER_01]: It's like, there's kind of this,
53:46
[SPEAKER_01]: these prediction markets have organically kind of come up now as a way to maybe find the true through a reward for somebody who has insider information, which I think is a fascinating just concept to think about.
54:02
[SPEAKER_02]: Yeah, it's it's certainly an interesting concept, but this is also the same guy like at the end of an investor call, just rattled off, you know, like 40 mentioned market.
54:12
[SPEAKER_02]: I remember that I think I was Brian, I'm sure in Gurus like, yeah, white horse like he just rattled for his office, he signed off.
54:20
[SPEAKER_02]: So there there has to probably be some.
54:24
[SPEAKER_01]: some kind of like yeah like something like that where he knows he's hitting these things in his intern can get paid or like you know what song is what song are the Philadelphia Eagles going to come out to in the Super Bowl you know this year and then like you know the guy who's running the soundboard at the stadium knows it type of thing it's like that's not information that we need to know but then if you start getting more serious things like election results or wars or
54:52
[SPEAKER_01]: It is, I don't know if need to know is the right way to say it, but it's fair for the people to want to know the truth.
55:00
[SPEAKER_02]: Yeah, no doubt about it.
55:01
[SPEAKER_02]: So, it's just interesting to see how these prediction markets are disrupting technology, just like how crypto is disrupting the financial world.
55:09
[SPEAKER_02]: And you can see we've had like Paul and market, you know, two billion I think it was from ICE, from the New York Stock Exchange, just parent company.
55:18
[SPEAKER_02]: Now we have partnerships with the Dow Jones, the Wall Street Journal, what this goes to show us is that there's just
55:26
[SPEAKER_02]: major demand and desire behind the truth and behind this data.
55:30
[SPEAKER_02]: These companies want it.
55:32
[SPEAKER_02]: They see the value in it.
55:33
[SPEAKER_02]: So this is why I'm convinced prediction markets aren't going to go anywhere.
55:36
[SPEAKER_02]: And there might be some structuring that needs to be settled in some, you know, safe walls putting the place, but prediction markets aren't going anywhere.
55:46
[SPEAKER_02]: I think they're going to
55:48
[SPEAKER_02]: And even to the point where it's actually changed my investing TBO to a small point.
55:54
[SPEAKER_02]: Like, well, if you's upcoming ICOs, and you could put money towards the ICO, or you could go over to Paul and Market and you could put a small wage or in on where you think the FDV or the total commits are going to be for those ICOs.
56:07
[SPEAKER_02]: Or if you don't want to put the wage or in, you could at least get more information from people that are probably committing money to the ICO, where they like those prices to go
56:18
[SPEAKER_02]: to see where they think the total commits are going to go, where the FDV is going to open at.
56:23
[SPEAKER_02]: So it's just a wealth of information, not just in the financial markets and the real estate markets and culture, it's everything.
56:31
[SPEAKER_02]: So it's definitely a rabbit hole that I keep going down pretty hard and know it's something we talk about all the time on the run down.
56:36
[SPEAKER_02]: I mean, we were talking about Paul and Mark and before Paul and Mark, it was like, really a thing.
56:41
[SPEAKER_02]: Or only on credit show.
56:43
[SPEAKER_02]: I was like,
56:44
[SPEAKER_01]: credit us credit us credit us credit us and that's a credit to you more than anybody though you were you were the first You were the first one you really were Brian
56:57
[SPEAKER_02]: Yeah, I like, I like some degenerate worlds, you know, when it starts popping up on my timeline, you know, meme chords, prediction market edges.
57:06
[SPEAKER_02]: And I try to get as much truthful data as possible.
57:10
[SPEAKER_02]: And I try to digest it.
57:11
[SPEAKER_02]: So I can digest it to our community because I need to understand it to help people out.
57:16
[SPEAKER_02]: And there's just a plethora of information out there.
57:18
[SPEAKER_02]: And in one site that I go to consistently as Pauli Market did just get for a vibe on
57:24
[SPEAKER_02]: where markets are going and it's not always 100% right I'm not way during a ton on there but I certainly go there daily and now the Dow Jones and Wall Street Journal definitely likes where we're headed as well.
57:36
[SPEAKER_01]: Yeah, I mean, where else can you get action on the Delaware blue ends at 3 p.m. on a, you know, those at Wednesday afternoon in San Diego, California, there's nowhere else in the world other than the, uh, the prediction markets.
57:48
[SPEAKER_01]: That's for damn sure.
57:49
[SPEAKER_01]: But speaking of ICOs, you got one you wanted to talk about there.
57:52
[SPEAKER_01]: Trove.
57:53
[SPEAKER_02]: Oh, yeah.
57:54
[SPEAKER_02]: Yeah, Trove Market.
57:56
[SPEAKER_02]: I just was going to make a call because I actually opened today.
58:00
[SPEAKER_02]: This is not an endorsement for anybody to, you know, dive into it or invest in it, but we were talking about Paul and marketing.
58:06
[SPEAKER_02]: There's some interesting ICOs popping out.
58:09
[SPEAKER_02]: This is kind of the world assets.
58:11
[SPEAKER_02]: They're actually like a market for like real world assets or collectibles where you can get exposure to like a Pokemon index or Birkin bag index.
58:22
[SPEAKER_02]: So these collectibles
58:23
[SPEAKER_02]: think like real world assets that you maybe aren't buying or you're not able to buy, but now trades like you can trade up to 10x leverage on where you think those markets are going to go.
58:33
[SPEAKER_02]: They have an interesting SEO popping up.
58:36
[SPEAKER_02]: I honestly let everybody kind of do their own research on it and what they think of it, but I was actually following
58:43
[SPEAKER_02]: this on polymarket on their ICO ticker of like what the FDV was going to open at and the total commits but you know it's just you know an interesting ICO that's popping up and there's a lot of really good ICOs we've talked about within our private community we've talked about a crypto nation so just just excited to see that there's still people building and developing products out there that just on cookie cutter like L2s you know people are really thinking
59:12
[SPEAKER_01]: I don't know, it's awesome, man.
59:13
[SPEAKER_01]: We'll have, again, money, money makers, check the link out for a dollar trial if you want to be kind of kept in the know when it comes to, you know, all the different ICOs and all the different momentum plays, whether it's NFTs or meme points that Brian and Joe are doing now.
59:28
[SPEAKER_01]: I was a spirited conversation one hour on the dot Brian I told you when I saw that sheet I said I think this one's an hour I think it's an hour and it certainly was and it was really fun So really appreciate everybody if you're on the back end of this and haven't yet Please give the video a like if you're new here Please subscribe and again check out the dollar trial for momentum money makers We really appreciate you all listening
59:49
[SPEAKER_01]: Look out in the YouTube community, I'll try to get a schedule out for our live streams next week.
59:54
[SPEAKER_01]: As always, we appreciate everybody being here, enjoy the weekend, and we'll talk to everybody soon.
59:59
[SPEAKER_01]: Bye, everybody.