Latest / The Paul Barron Crypto Show / Crypto Hits Extreme FearšMarket Crash Updateš„
Transcript
- 0:07Speaker 1: Crypto market has entered extreme fear. We're going to be
- 0:10Speaker 1: breaking it down for you guys today. Don't miss it.
- 0:12Speaker 1: My name is Paul Barren. Welcome back in the tech path.
- 0:14Speaker 1: I want to get started. I want to talk about
- 0:16Speaker 1: a place where you guys can do something other than
- 0:18Speaker 1: start a CRYPTOIRA. Now, I Trust Capital is announcing their
- 0:23Speaker 1: premium Custody accounts. Now, these are interesting. PCA is interesting
- 0:27Speaker 1: because there's a couple of things you're going to be
- 0:29Speaker 1: able to do with this. First of all, it's US only,
- 0:32Speaker 1: but the main thing is it's getting into is a
- 0:34Speaker 1: closed loop system. Mainly, it avoids the scenario if you're
- 0:37Speaker 1: worried about a crypto hack in your wallet, any kind
- 0:41Speaker 1: of scenario like that. You can now transfer in US
- 0:44Speaker 1: deposits to SD deposits and hold crypto and trade all
- 0:48Speaker 1: assets within it. Now it's not an IRA, but it's
- 0:51Speaker 1: where you can do all of your trading, almost like
- 0:53Speaker 1: a centralized exchange. But you have this in I Trust Capital.
- 0:58Speaker 1: You can't in kind transfer in or out, but and
- 1:01Speaker 1: there's no crypto withdrawals. But it is a secure place
- 1:05Speaker 1: to put your crypto or buy crypto. If you're getting
- 1:07Speaker 1: ready to go into the markets because this is similar
- 1:09Speaker 1: to like a fidelity delity only offers ethereum and bitcoin.
- 1:13Speaker 1: This is going to give you the full array of
- 1:15Speaker 1: Irust Capital assets. Check it out over there. And of course,
- 1:18Speaker 1: if you're wanting to get into irust Capital and their CRYPTOIRA,
- 1:22Speaker 1: you can do that as well. It's very easy. Just
- 1:24Speaker 1: use our link down below. It gives you one hundred
- 1:26Speaker 1: dollars funding reward to get started. Let's go over to
- 1:29Speaker 1: the markets right now, and Fear and Greed, as you
- 1:31Speaker 1: guys can see, is not looking good right now. At
- 1:34Speaker 1: twenty nine on the coin market cap, Fear and Greed
- 1:37Speaker 1: one of the lowest scores we've seen in quite some time.
- 1:40Speaker 1: In fact, over the past couple of years, this is
- 1:42Speaker 1: the lowest we've seen in the market of where we
- 1:45Speaker 1: are right now. And get it, remember Bitcoin still hovering
- 1:49Speaker 1: around that eighty five to ninety k point, but yet
- 1:53Speaker 1: we're in this kind of market position. If you look
- 1:55Speaker 1: at all coin season, this one is kind of interesting.
- 1:59Speaker 1: We haven't seen this this kind of all coin season
- 2:01Speaker 1: in a very long time, and this is of course
- 2:03Speaker 1: squeezing out. You can kind of see there has been
- 2:06Speaker 1: lower categories all the way back into May of twenty
- 2:09Speaker 1: three of anticipating any kind of all coin season, and
- 2:13Speaker 1: then of course we saw the beginning of what we
- 2:16Speaker 1: thought might occur in all coin season around January of
- 2:20Speaker 1: last year, of course, dropping in and where we are
- 2:23Speaker 1: right now, which is back around twenty nine on all
- 2:26Speaker 1: coin season. If you look at CNN's fear and greed,
- 2:28Speaker 1: Intexus mostly on the traditional market, also in extreme fear
- 2:33Speaker 1: for the S and P five hundred, So we continue
- 2:35Speaker 1: to see all the major stocks as well as major
- 2:39Speaker 1: crypto being hit in the market, looking at just over
- 2:45Speaker 1: one hundred and ten bill wiped out as of the
- 2:48Speaker 1: crypto market in the past twenty four hours. This of
- 2:49Speaker 1: course is Bitcoin down, Ethereum down almost six XRP down six,
- 2:54Speaker 1: being B down four, Salana down almost ten, so a
- 2:57Speaker 1: pretty significant drop that we've seen in the market. A
- 3:01Speaker 1: lot of people look at this and say, we've seen
- 3:02Speaker 1: these cycles before, it's not a new thing. Well, you
- 3:05Speaker 1: know who is licking their chops, that is mister Peter Schiff.
- 3:08Speaker 1: I love the sound of a bitcoin crash in the morning.
- 3:10Speaker 1: He's been on bitcoin for quite some time and in
- 3:13Speaker 1: this in particular case, he is in the right place
- 3:17Speaker 1: at the right time, because gold is now at an
- 3:19Speaker 1: all time high, and if you look at where gold
- 3:22Speaker 1: will and has come, I mean, look at this back
- 3:24Speaker 1: in what were we around twenty six hundred at the
- 3:28Speaker 1: beginning of the year holding it almost three thousand dollars
- 3:31Speaker 1: for an ounce of gold. So a lot of people
- 3:33Speaker 1: looking at gold right now. Let me know in the comments.
- 3:35Speaker 1: I'm kind of curious. We had our guys who were
- 3:37Speaker 1: asking this today. Any of you guys hold gold, I'm
- 3:39Speaker 1: kind of curious. Drop some comments down below.
- 3:41Speaker 2: Let us know.
- 3:42Speaker 1: If you're not subscribed to the channel, get subscribed right now.
- 3:46Speaker 1: Just for you guys information. We will be doing a
- 3:48Speaker 1: deep dive trading session tomorrow with Tim. It's going to
- 3:53Speaker 1: be a good one because there may be some opportunities
- 3:55Speaker 1: out there if you do have dry powder and you're
- 3:56Speaker 1: thinking about a DCA opportunity going forward. I want to
- 3:59Speaker 1: go to the next clip because this gets into Trump and
- 4:03Speaker 1: what his impact on the tech sector may mean.
- 4:06Speaker 2: Take a look, hey there, David, that's right. Bloomberg is
- 4:09Speaker 2: reporting today that the Trump administration is eyeing even tougher
- 4:12Speaker 2: restrictions on semiconductor exports to China than the recent Biden
- 4:16Speaker 2: deministration had put in place, and those were seen as
- 4:18Speaker 2: tough at the time. Citing people familiar with the matter,
- 4:21Speaker 2: Bloomberg reports that the Trump administration officials are holding meetings
- 4:25Speaker 2: now to discuss new limits with key US allies and
- 4:28Speaker 2: working on a longer list of restrictions that could be
- 4:30Speaker 2: put in place in the coming months.
- 4:32Speaker 1: Now.
- 4:32Speaker 2: The goal here is to slow China's overall technological progress,
- 4:36Speaker 2: and especially so in sensitive areas like artificial intelligence. The
- 4:40Speaker 2: Trump team is looking at three specific possibilities, curbs on
- 4:44Speaker 2: sales of chips that in Nvidia designed specifically for China,
- 4:48Speaker 2: reducing the computing power that can be exported without a license,
- 4:52Speaker 2: and putting more restrictions on types of Nvidia chips that
- 4:55Speaker 2: can be exported without a license. Now, under the terms
- 4:58Speaker 2: of the pause, the new deadline is March fourth, at
- 5:00Speaker 2: twelve am twelve one am Eastern time. We'll see what
- 5:04Speaker 2: happens then. Guys, you saw the President announce these tariffs.
- 5:07Speaker 2: Then he announced a pause in the tariffs. Now he's
- 5:10Speaker 2: announcing that things might come back at that deadline time.
- 5:13Speaker 2: We'll see where we go when we get there. The
- 5:15Speaker 2: President likes to keep a lot of these balls as
- 5:17Speaker 2: live balls.
- 5:18Speaker 1: In the air, all right, So you look at the
- 5:21Speaker 1: impact on Nvidia. They're going to be doing their earnings, well,
- 5:24Speaker 1: not announcing their earnings this week, but their report this week,
- 5:26Speaker 1: and video stock tanked on this news. Look at this
- 5:30Speaker 1: drowned to around one hundred and twenty which is pretty
- 5:33Speaker 1: significant when you look at Invidia over the past few weeks.
- 5:36Speaker 1: So the impact is real. And of course you got
- 5:39Speaker 1: to think about the government shutdown that's going to happen
- 5:41Speaker 1: here in March as well. Most likely everybody's anticipating that
- 5:44Speaker 1: it's going to going to occur, so be ready for
- 5:48Speaker 1: more volatility in the market for sure, especially if you
- 5:51Speaker 1: look at liquidity possibly drying up right here, So did
- 5:55Speaker 1: liquidity dry up, Crypto markets are raised three hundred and
- 5:58Speaker 1: twenty five billion. This is one hundred billion in an
- 6:01Speaker 1: hour down And of course you look at some of
- 6:04Speaker 1: these scenarios because this is becoming a little bit more
- 6:07Speaker 1: frequent in terms of the markets. When we see these
- 6:10Speaker 1: recoveries volatility. If you're a trader, this is great times
- 6:13Speaker 1: because volatility does breed a lot of opportunity there. But
- 6:17Speaker 1: since January, the number of flash crasses in crypto market
- 6:20Speaker 1: has risen sharply, so be on the lookout for these guys.
- 6:24Speaker 1: Trump's meme coin. We saw the explosion that happened right
- 6:27Speaker 1: around that time with memes and of course the Salana
- 6:30Speaker 1: ecosystem e fall fell forty percent in ten weeks. This
- 6:34Speaker 1: is probably the bigger scenario playing out right now. Other
- 6:38Speaker 1: things I want to hit on. Of course, Matt Hogan says, hey,
- 6:41Speaker 1: crypto is digesting. What they're digesting right now is the
- 6:44Speaker 1: end of the meme coin boom, which is interesting. Let
- 6:46Speaker 1: me know, do you think the end the memecoin boom
- 6:49Speaker 1: is over? Kind of curious because a lot of people
- 6:52Speaker 1: still looking at this as a potential. But you look
- 6:54Speaker 1: at Milania, Libra, the Lazarth group pack with by Bit,
- 6:58Speaker 1: all of this and now launtering that money back through
- 7:01Speaker 1: what's happening within the Salana ecosystem. Good news is that
- 7:05Speaker 1: this could be going into projects that will replace it.
- 7:08Speaker 1: And this is something that many people are talking about now.
- 7:11Speaker 1: Is that a lot of assets that are considered in
- 7:14Speaker 1: profit right now, Because you've got to remember, there's still
- 7:17Speaker 1: a lot of players out there PvP kind of scenario.
- 7:20Speaker 1: A lot of people are still in deep profits on
- 7:23Speaker 1: things like Solana avalanche. If you were in early you
- 7:27Speaker 1: look at what's happening. Even on Bitcoin still trading above
- 7:29Speaker 1: ninety K, A lot of people in at fifty sixty
- 7:32Speaker 1: seventy k. Could they be looking at some other assets
- 7:35Speaker 1: going into more of a traditional cycle of all coins
- 7:41Speaker 1: by bit begins repaying their eth from institutions right after
- 7:46Speaker 1: the long set liquid Interesting timing, that's for sure. Timing
- 7:51Speaker 1: is everything. And speaking of timing, Citadel Securities one of
- 7:54Speaker 1: the largest players in US stock market now on this
- 7:59Speaker 1: market crash, has decided to come into the market, so
- 8:02Speaker 1: they're getting a bite of the pie that many people
- 8:06Speaker 1: don't even get a chance to get in scenarios like this,
- 8:08Speaker 1: So it could be good for Just as a reminder,
- 8:11Speaker 1: Citadel was the company that was involved with the Robinhood
- 8:13Speaker 1: game stop scenario that played out, So a little interesting
- 8:17Speaker 1: timing here for Wall Street entering into the crypto space.
- 8:21Speaker 1: Other things. Blackrock also deposited eighteen thousand and eighth forty
- 8:25Speaker 1: four MILI and then eighteen hundred bitcoin abot one hundred
- 8:28Speaker 1: and sixty. This is I think just normal everyday business
- 8:31Speaker 1: because people are trading in and out volatility. Remember black
- 8:34Speaker 1: Rock doesn't buy anything, they simply are handling the request
- 8:38Speaker 1: of their investors in those ETFs. It appears that all
- 8:42Speaker 1: of this has begun with Solana, which is now down
- 8:45Speaker 1: twenty two percent. Me kind of zoom in on that
- 8:46Speaker 1: for you guys. Amid the meme coin frenzy, Solana saw
- 8:49Speaker 1: a lot of strength and then of course the meme
- 8:52Speaker 1: coins began to fade. Salona is also faded with it,
- 8:55Speaker 1: and now we're trading right now around one hundred and
- 8:57Speaker 1: forty bucks. So even though it did recover a little
- 8:59Speaker 1: bit this morning on a Solona and if you look
- 9:03Speaker 1: at Salona, I put out a poll yesterday and it
- 9:05Speaker 1: says this is the end for Solona, or will it recover?
- 9:07Speaker 1: When I say the end, meaning the end of this
- 9:08Speaker 1: cycle for Slona, will it not be involved in the
- 9:11Speaker 1: kind of run ups for a meme or excuse me,
- 9:14Speaker 1: an all coin cycle that we've seen in the past.
- 9:16Speaker 1: Salona has led many of those. But right now a
- 9:18Speaker 1: lot of people pointing to that Solana could rise again
- 9:21Speaker 1: forty four percent, but a lot of people saying sideways
- 9:24Speaker 1: or the top is in, which is kind of interesting,
- 9:26Speaker 1: not as bullish as I thought it might be on Solana,
- 9:30Speaker 1: for sure, all right, so not all bad things are
- 9:31Speaker 1: happening on Solana. This of course is USDG. This is
- 9:35Speaker 1: the partnership I shouldn't say partnership. This will essentially be
- 9:37Speaker 1: the stable coin for robin Hood. This is launched on Solana,
- 9:41Speaker 1: so it's now live. That will be big if Robinhood
- 9:44Speaker 1: does something that a lot of stable coin issuers are
- 9:47Speaker 1: already doing, and that is issuing some yield on that,
- 9:50Speaker 1: so watch out for that. This could be good for
- 9:53Speaker 1: Solana in general. Also, other good news in the market
- 9:56Speaker 1: right now is the SEC drop their uniswamp investigation, so UNISWAP,
- 10:00Speaker 1: which is eth based, should be pumping as well, and
- 10:04Speaker 1: of course that within a large eth ecosystem, all shoes
- 10:07Speaker 1: should have some very good signs. Good thing is is
- 10:10Speaker 1: that Greyscale has now filed for a Polka Dot ETF.
- 10:14Speaker 1: More news when we look at ETF's coming in and
- 10:17Speaker 1: major all coins potentially hitting the market, and it's not
- 10:21Speaker 1: just Polka Dot. We also have the SEC acknowledging the
- 10:24Speaker 1: gray Scale spot card Dono ETF, So for all you
- 10:27Speaker 1: cardno guys, that is another big bullish sign for Cardinal
- 10:31Speaker 1: Cardonot might get a good run here coming up, so
- 10:34Speaker 1: be on the lookout for that, all right. So I
- 10:36Speaker 1: has moved on into a new role with the Ethereum Foundation.
- 10:40Speaker 1: This is some of the leadership team out there within ETH,
- 10:43Speaker 1: and I think this is a good thing overall for Ethereum.
- 10:46Speaker 1: A lot of things happening. Of course, this all time
- 10:48Speaker 1: during ETH Denver, which is happening right now. There could
- 10:51Speaker 1: be some big announcements coming out of eight Denver, so
- 10:55Speaker 1: watch out very closely, especially with some of the Layer
- 10:58Speaker 1: two's be ready for something that could drop, and I'm
- 11:01Speaker 1: watching those for sure, all right. If you guys are
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- 11:21Speaker 1: right here on Techpath