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Bitcoin Smashes New All-Time High!🔥Crypto Market Update🚨 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Welcome back in Today, we're going to dive into bitcoin
• 0:02
  Speaker 1: hitting all time highs over the weekend. It is going
• 0:05
  Speaker 1: to be a big show. You guys don't want to
• 0:06
  Speaker 1: miss it. Let's just jump right into it. I want
• 0:08
  Speaker 1: to lead off with a couple of things that have
• 0:10
  Speaker 1: been happening over the weekend. As you guys may have
• 0:12
  Speaker 1: seen my tweet, Tradfi was sleeping on bitcoin as it
• 0:15
  Speaker 1: blasted through one twenty five. We saw this along with
• 0:19
  Speaker 1: gold hitting all the time high. We had eighty billion worth,
• 0:23
  Speaker 1: eighty billion worth of crypto shorts liquidated, and of course
• 0:26
  Speaker 1: bitcoins are passing two point five trillion in market cap,
• 0:29
  Speaker 1: all this while the government shutdown is in fact going on.
• 0:33
  Speaker 1: And remember people are still looking now, is bitcoin be
• 0:38
  Speaker 1: being considered as the asset to kind of hold through
• 0:42
  Speaker 1: all of this? All right, So I want to jump
• 0:43
  Speaker 1: to a tweet real quick. This of course is Sailor
• 0:46
  Speaker 1: not buying any bitcoin last week, but at that point
• 0:50
  Speaker 1: we still are seeing all time high. This is a
• 0:52
  Speaker 1: very bullish signal. And the point behind this, guys, is
• 0:56
  Speaker 1: that there is a lot of support in.
• 0:58
  Speaker 2: The community in general.
• 0:59
  Speaker 1: Many people would say, well, hey, Paul, it's the ETFs
• 1:02
  Speaker 1: or we're starting to see retail started to playing into this,
• 1:05
  Speaker 1: So all of this could really start to get very heated.
• 1:08
  Speaker 1: And it's not just bitcoin. You also have what's going
• 1:12
  Speaker 1: on with silver the issue, and we had Andy Sheckman
• 1:15
  Speaker 1: on the show go check that video out talking about
• 1:18
  Speaker 1: this very issue, and the topic was that silver is
• 1:22
  Speaker 1: going to get wiped out. The reason is simply because
• 1:24
  Speaker 1: of the shortages. It doesn't mean wiped out in terms
• 1:26
  Speaker 1: of price, it means that wiped out in terms of availability.
• 1:30
  Speaker 1: We're starting to see a squeeze and it's also happening
• 1:33
  Speaker 1: in Canada, Australia and the UK after the Japanese and
• 1:37
  Speaker 1: the Chinese have started to already file shortages on silver.
• 1:41
  Speaker 1: You guys also know that we have this issue coming
• 1:44
  Speaker 1: on right here. If you look at the silver ETF,
• 1:47
  Speaker 1: borrowing fees have actually surpassed that now it's like eight
• 1:52
  Speaker 1: and a half percent, and that's with zero shares available.
• 1:55
  Speaker 1: So right now you can't even go in and short this.
• 1:58
  Speaker 1: And I think this is a factor that we are
• 2:00
  Speaker 1: going to see in the markets right now around all assets, especially.
• 2:05
  Speaker 2: In some of these commodities.
• 2:06
  Speaker 1: Gold has already continue to edge up on its all
• 2:10
  Speaker 1: time high. No gold for sale on some of these
• 2:13
  Speaker 1: available sites that ship physical gold. Eighty five percent of
• 2:17
  Speaker 1: silver is gone as well, So this is going to
• 2:20
  Speaker 1: continue to put a lot of pressure on the markets
• 2:23
  Speaker 1: going up. The problem that we're going to see with
• 2:26
  Speaker 1: this currently is, of course, what's happening with government shutdown.
• 2:29
  Speaker 1: Here's polymarket. Just to look at the shutdown numbers and
• 2:32
  Speaker 1: data edging up around.
• 2:34
  Speaker 2: What is that?
• 2:35
  Speaker 1: Guys, that's almost almost ninety eighty five percent, laying into
• 2:39
  Speaker 1: the probability of going all the way into mid October.
• 2:43
  Speaker 1: If that is the case, will we continue to see
• 2:46
  Speaker 1: flight of capital coming in to these risk markets like bitcoin?
• 2:51
  Speaker 1: I think yes, Bitcoin could easily get into the one
• 2:55
  Speaker 1: thirty range. I'm still questioning whether or not we will
• 2:58
  Speaker 1: see all time highs by end of year. I've got
• 3:00
  Speaker 1: a Tom Lee clip for you guys to kind of
• 3:02
  Speaker 1: break that down because there are some things happening.
• 3:05
  Speaker 2: There as well.
• 3:06
  Speaker 1: While all of that is happening, you have to look
• 3:08
  Speaker 1: at some other things that are going on in the markets.
• 3:11
  Speaker 1: Because typically what happens when we see bitcoin at these
• 3:14
  Speaker 1: rates ethereum starting to crack forty six going to forty
• 3:18
  Speaker 1: seven hundred most of the time we have all coins
• 3:21
  Speaker 1: and meme coins starting to move. If you consider this
• 3:24
  Speaker 1: story right here, Bitcoin crushing top meme coins. If you
• 3:27
  Speaker 1: take a look at the current performance of doge coin, Siva,
• 3:31
  Speaker 1: and Pepe, you've got a twenty percent year to date
• 3:34
  Speaker 1: loss on doge Siva and Pepe respectively at forty one
• 3:38
  Speaker 1: and forty eight percent down and in comparison to Bitcoin.
• 3:42
  Speaker 1: If there is one thing that could start to move
• 3:45
  Speaker 1: the meme coin market, it is most likely getting one
• 3:47
  Speaker 1: of their major meme coin coins out there, and that
• 3:51
  Speaker 1: of course is Home. She's getting ready to launch meme coin.
• 3:56
  Speaker 1: If we do see that, maybe there is a revival
• 3:59
  Speaker 1: possibility to hear from meme coins, even though that is
• 4:02
  Speaker 1: not something that you guys know that I invest in
• 4:04
  Speaker 1: very much, but it's something to consider here in terms
• 4:06
  Speaker 1: of how this may play out for the meme coin
• 4:09
  Speaker 1: markets in general.
• 4:10
  Speaker 2: This was an interesting.
• 4:11
  Speaker 1: One and this is really talking about the all time
• 4:15
  Speaker 1: highs that we saw with bitcoin. Obviously, ets went wild
• 4:20
  Speaker 1: last week. We had three point three billion in a week,
• 4:22
  Speaker 1: twenty four billion for the year, and it's also notable
• 4:26
  Speaker 1: that ibid and also Eve both had ten billion for
• 4:30
  Speaker 1: a month. This is ranking third and fourth overall, so
• 4:33
  Speaker 1: sixty billion lifetime. These are very very bullish signals. However,
• 4:39
  Speaker 1: can this last? Is the real question? If you look
• 4:42
  Speaker 1: at this lead up to it, This I think answers
• 4:45
  Speaker 1: that question, which is where tokenization could kick in.
• 4:49
  Speaker 2: Look at the notice here. Let me kind of zoom
• 4:51
  Speaker 2: in on this for you guys. Right here.
• 4:52
  Speaker 1: You'll notice here twenty twenty. It's pretty much a flat
• 4:55
  Speaker 1: between twenty eleven and twenty twenty, and then you have
• 4:58
  Speaker 1: this explosion in terms of annual ETF launches, and we
• 5:02
  Speaker 1: have still not seen this around tokenization. Once tokenization kicks in,
• 5:09
  Speaker 1: this is where I start to think Night continued to
• 5:12
  Speaker 1: elongate not only the ETF market, but also some of
• 5:15
  Speaker 1: the things that are happening within it. All right, let's
• 5:17
  Speaker 1: jump into xtox real quick, because this is a one
• 5:19
  Speaker 1: billion on chain transaction volume, thirty three unique on chain holders,
• 5:23
  Speaker 1: so this of course gets into a lot of I
• 5:26
  Speaker 1: really think the issue that we've seen so far on
• 5:30
  Speaker 1: at least token I stocks is the ability to kind
• 5:32
  Speaker 1: of go across chain that I think is getting ready
• 5:35
  Speaker 1: to happen. Could we see a trillion dollar activity in
• 5:38
  Speaker 1: terms of volume. I think it's not far away, and this,
• 5:41
  Speaker 1: of course, is going to get let out there by Solana.
• 5:44
  Speaker 1: Speaking of Solana and ethereum, I want to go to
• 5:47
  Speaker 1: a clip real quick, because this is Tom Lee kind
• 5:49
  Speaker 1: of breaking down.
• 5:50
  Speaker 2: Maybe what is going to happen in the market next?
• 5:53
  Speaker 2: Take a look, Frank, I.
• 5:54
  Speaker 3: Think there's two underlying fundamental of drivers for the economy.
• 5:58
  Speaker 3: You know, One is that we know they're there's a
• 6:01
  Speaker 3: tremendous Kapex tailwind from AI and the Fed's dubbish, So
• 6:05
  Speaker 3: that's the rest of the economy getting basically a lifeline.
• 6:09
  Speaker 3: Those are going to be powerful tailwes that even a
• 6:12
  Speaker 3: government shutdown doesn't really change the story around. And now
• 6:16
  Speaker 3: that we're in this seasonally strong fourth quarter and valuations,
• 6:20
  Speaker 3: I just don't think are that demanding because you know,
• 6:22
  Speaker 3: Nvidia is still at twenty six times earnings. I mean,
• 6:24
  Speaker 3: I think stocks still have a lot of upside into
• 6:26
  Speaker 3: your end. Your word's dubbish and you're dubbish because the
• 6:29
  Speaker 3: FED didn't get the jobs report and might not get
• 6:31
  Speaker 3: other reports. Why are you dubbish or you think the
• 6:34
  Speaker 3: Fed's dubbish despite that critical information. A shutdown makes people nervous,
• 6:38
  Speaker 3: and so the FED will have to be even more dubbish,
• 6:40
  Speaker 3: and I think that's why stocks can rally even more
• 6:43
  Speaker 3: than they have already.
• 6:44
  Speaker 2: And I think that's where we are right now.
• 6:46
  Speaker 1: And of course we had data Dash on last week
• 6:49
  Speaker 1: we're talking about this could actually extend. There could be
• 6:52
  Speaker 1: a low time here though, between now and the end
• 6:56
  Speaker 1: of the year. Remember he was calling for data Dash
• 6:58
  Speaker 1: was calling for an all time high point in October.
• 7:01
  Speaker 1: And if that leans into that October fifteenth date range
• 7:05
  Speaker 1: for the government shutdown, maybe the timing is interesting here
• 7:08
  Speaker 1: where we start to see a pullback come in. Let
• 7:11
  Speaker 1: me know what you guys think, because I think that
• 7:12
  Speaker 1: is a factor that we're going to have to consider
• 7:15
  Speaker 1: going forward. All right, So let me go to this
• 7:17
  Speaker 1: story right here, because this is a good one. It's
• 7:19
  Speaker 1: getting into, you know, the whole idea behind Ethereum. This
• 7:23
  Speaker 1: of course is where bittmind comes into this, being Tom Lee,
• 7:27
  Speaker 1: which is now pretty much the alpha investor on Wall Street.
• 7:30
  Speaker 1: But you look at this, they're now swelling up to
• 7:32
  Speaker 1: two point eight three million in ETH. This is after
• 7:34
  Speaker 1: accumulating another eight hundred and twenty one million in eight
• 7:37
  Speaker 1: just last week. This could get interesting for Ethereum, and
• 7:40
  Speaker 1: I think Ethereum's all time high is knocking at the door.
• 7:43
  Speaker 1: The real question is how and if Ethereum can break
• 7:48
  Speaker 1: out for maybe a ten k ETH And remember Tom
• 7:52
  Speaker 1: Lee is still calling for a twelve to fifteen k
• 7:55
  Speaker 1: eight by year in so.
• 7:56
  Speaker 2: A lot of activity.
• 7:58
  Speaker 1: Robin Hood has indicated a possible problem right now, and
• 8:02
  Speaker 1: that starts to showcase across a lot of different things,
• 8:06
  Speaker 1: including in coinbase.
• 8:08
  Speaker 2: We'll probably see it with Gemini and others.
• 8:10
  Speaker 1: This is a factor that starts to showcase a lot
• 8:13
  Speaker 1: of heated and frothy tops, guys, so be cautious on this.
• 8:17
  Speaker 1: In many cases, taking a little bit of profit is
• 8:19
  Speaker 1: not a bad thing when we start to see these
• 8:21
  Speaker 1: all time highs.
• 8:22
  Speaker 2: So just be aware.
• 8:24
  Speaker 1: These are the kind of things that are happening in
• 8:25
  Speaker 1: the market right now. And I think this is a
• 8:27
  Speaker 1: factor you have to consider as we start to see
• 8:30
  Speaker 1: these all times highs really start to kick now. Solana
• 8:34
  Speaker 1: is another situation that we have to consider because Solana
• 8:37
  Speaker 1: is yet to truly make its break, ETH will most
• 8:41
  Speaker 1: likely be on the move to an all time high
• 8:43
  Speaker 1: likelihood if we get continued at least some liquidity in
• 8:47
  Speaker 1: the all coin market. This is where I think Solana
• 8:49
  Speaker 1: starts to get It's a big week now. The catalyst
• 8:52
  Speaker 1: for that is what I'm going to show you guys
• 8:54
  Speaker 1: right now, and it is all centered around the Solana ETF.
• 8:58
  Speaker 1: If you take a look at this right here, the
• 9:01
  Speaker 1: deadline for the SOULF is four days away now. Granted
• 9:04
  Speaker 1: I know the SEC is out right now with government shutdown.
• 9:07
  Speaker 1: There are a lot of triggers that could play into this.
• 9:10
  Speaker 1: You've got Canary Capital with your XRP. There, light Coin
• 9:14
  Speaker 1: and also the Salana remember gray Scale, Bitwise and twenty
• 9:17
  Speaker 1: one Shares also has a doze Coin ETF. All of
• 9:20
  Speaker 1: these are set up in October. The key though, of course,
• 9:24
  Speaker 1: could Solona be the first one that really gets the
• 9:27
  Speaker 1: break going. One other point that I want to hit
• 9:29
  Speaker 1: on is other top fifteen projects out there. Another one,
• 9:33
  Speaker 1: of course, one of our channel partners, which is Sewey Network,
• 9:36
  Speaker 1: one that we've continued to see within that is a
• 9:39
  Speaker 1: little decks called Bluefin. And you guys have heard us
• 9:42
  Speaker 1: talk about this, but the Bluefin token has got a
• 9:45
  Speaker 1: buyback program that's going on right now. If you take
• 9:48
  Speaker 1: a look at the dashboard, take a look at this
• 9:50
  Speaker 1: right here, this is the Bluefin buy back dashboard and
• 9:53
  Speaker 1: you can kind of see from October first, the green
• 9:55
  Speaker 1: bars is the buy back amount continuing to rise as
• 10:00
  Speaker 1: we see this. This is good and bullish, I think
• 10:02
  Speaker 1: for Sweet, and of course we've seen Sweet perform very
• 10:05
  Speaker 1: well even against some of the other all coins, including
• 10:09
  Speaker 1: Solana and Ethereum. All right, so when you consider Eth,
• 10:13
  Speaker 1: Swie and Solana, you've got to consider what is some
• 10:16
  Speaker 1: of the alternatives out there. Arbitram is one that we've
• 10:19
  Speaker 1: showed on the network here quite a bit. Three reasons
• 10:22
  Speaker 1: that we're going to continue to see Arbitram fly. Of
• 10:25
  Speaker 1: course we've got a thirty percent breakout right here, but
• 10:27
  Speaker 1: a four billion TVL and I think this is a
• 10:31
  Speaker 1: big factor as we start to see this, and Arbitram
• 10:33
  Speaker 1: has been able to do this without the robin Hood
• 10:38
  Speaker 1: tokenization component that if that starts to occur. Timing wise,
• 10:43
  Speaker 1: with Eth hitting all time high, keep a look and
• 10:45
  Speaker 1: a watch on Arbitram and you can kind of see
• 10:48
  Speaker 1: their TVL right and defei Lama continuing to grow. Really
• 10:54
  Speaker 1: since what was this back in April where we had
• 10:56
  Speaker 1: that low to where we are right.
• 10:58
  Speaker 2: Now at all time highs.
• 11:00
  Speaker 1: So take a look at this kind of activity right here,
• 11:03
  Speaker 1: aren't arbitrum, and I think it's still just the beginning point.
• 11:06
  Speaker 1: So a lot of very cool issues that are happening
• 11:10
  Speaker 1: with the ecosystem in general. All right, So one of
• 11:13
  Speaker 1: the things that signifies usually a top is when we
• 11:16
  Speaker 1: start to see a little bit of NFT action board ape.
• 11:19
  Speaker 1: Of course, the eight hundred pound gorilla in the room. Well,
• 11:23
  Speaker 1: we're starting to see some movement here because remember that
• 11:26
  Speaker 1: bard Apes is one that has been in trouble for
• 11:29
  Speaker 1: a little bit. But now the judge has ruled that
• 11:33
  Speaker 1: guess what, NFTs are not security? Going to zoom in
• 11:35
  Speaker 1: right there, Federal Jeorge has thrown out a lawsuit against
• 11:37
  Speaker 1: Yuga Labs. This is the creator of the bard Apes
• 11:39
  Speaker 1: shock Club.
• 11:40
  Speaker 2: You guys know them, the NFT collections.
• 11:43
  Speaker 1: Ruling that the token does not qualify as a security.
• 11:46
  Speaker 1: This is huge for NFTs in general, and I think
• 11:50
  Speaker 1: as we start to see all of this really start
• 11:53
  Speaker 1: to fly in terms of high markets, with what we're
• 11:56
  Speaker 1: seeing in the major crypto markets, this could be good
• 11:59
  Speaker 1: for them. In let's go over and take a look
• 12:01
  Speaker 1: at silver. This is the breakout point right now where
• 12:04
  Speaker 1: silver is starting to get and this is what Andy
• 12:07
  Speaker 1: and I have talked about and what we've been kind
• 12:09
  Speaker 1: of harping on. If you haven't watched our silver videos,
• 12:11
  Speaker 1: go back and look at that. A couple of metrics
• 12:13
  Speaker 1: that I want to showcase here. It's hitting over forty
• 12:15
  Speaker 1: four dollars trading today. Look at the metrics right here
• 12:18
  Speaker 1: in terms of sentiment. This is exploding right now on
• 12:21
  Speaker 1: volume sentiment, and if you consider silver, you got to
• 12:25
  Speaker 1: also take a look at gold getting ready to break
• 12:28
  Speaker 1: four thousand. We kind of mentioned this last week, and
• 12:30
  Speaker 1: again very high activity in terms of overall trade volume
• 12:35
  Speaker 1: exploding right now in general. That all in line with
• 12:39
  Speaker 1: what's happening with the S and P five hundred also
• 12:42
  Speaker 1: breaking sixty seven hundred. Everything is overheated right now, and
• 12:46
  Speaker 1: I know a lot of people would start to say, well,
• 12:48
  Speaker 1: if everything is so overheated, Paul, why would we buy
• 12:52
  Speaker 1: into this market going forward? Here's my positioning right now,
• 12:56
  Speaker 1: looking at bitcoin right here, tapping one twenty five again
• 13:01
  Speaker 1: today on Monday. If you take a look at where
• 13:04
  Speaker 1: eth is, which is holding at forty seven hundred on
• 13:07
  Speaker 1: a big green candle, also starting to put pressure on
• 13:10
  Speaker 1: this bi zone right here, which you've been around forty
• 13:12
  Speaker 1: seven hundred This next move for Eth could be a
• 13:15
  Speaker 1: huge signal, even though we got a little money flow
• 13:17
  Speaker 1: coming out, huge signal going into the next layer. Taking
• 13:20
  Speaker 1: a look at XRP a little bit sideways there, obviously,
• 13:24
  Speaker 1: Solana I think is the one to watch. This is
• 13:26
  Speaker 1: the one that we've been talking about for some time
• 13:29
  Speaker 1: of being possibly the one to go with in this
• 13:32
  Speaker 1: next few weeks as we start to go into all
• 13:34
  Speaker 1: time highs again.
• 13:35
  Speaker 2: Avalanche is still a play that we're looking at.
• 13:37
  Speaker 1: There is so much happening this week in crypto, you
• 13:42
  Speaker 1: guys cannot not be part of it. So the way
• 13:44
  Speaker 1: that you do that is, of course, become part of
• 13:47
  Speaker 1: it by joining the Diamond Circle. Clicking link down below.
• 13:49
  Speaker 1: It's going to get you into our free club. Essentially.
• 13:52
  Speaker 1: That is my own email that comes out to you
• 13:54
  Speaker 1: every week. It calls highs, it calls some of the
• 13:57
  Speaker 1: tokens that we're moving on. It also gives you some
• 13:59
  Speaker 1: strategy that we're moving in terms of the market. That
• 14:01
  Speaker 1: is a broader picture, So make sure enjoying that. It's
• 14:04
  Speaker 1: absolutely free. Catch me out there on X at Paul Baron.
• 14:07
  Speaker 1: We'll catch you next time right here on the Paul
• 14:09
  Speaker 1: Baron Show.
• 14:10
  Speaker 2: See yeah,