Latest / The Paul Barron Crypto Show / Altcoin Shock!💥Crypto Market Update📈

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Altcoin Shock!💥Crypto Market Update📈 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Big rally over the weekend, altcoin shock is underway.
• 0:03
  Speaker 2: Of course, this affects other cryptos out there that we'll
• 0:06
  Speaker 2: break down today and get into all of that. Before
• 0:08
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• 0:46
  Speaker 2: up and you guys can get started where you can
• 0:48
  Speaker 2: get away from the banks. If you look at this
• 0:52
  Speaker 2: tweet right here, this, of course, is Kobe E.C. talking
• 0:54
  Speaker 2: about 86K. And that is where we are, guys. Right now,
• 0:57
  Speaker 2: we are moving in to 86K range for Bitcoin.
• 1:02
  Speaker 1: And imagine this.
• 1:03
  Speaker 2: Last week when we had Evan on, we were talking
• 1:06
  Speaker 2: about this very issue on Friday and the fact that
• 1:09
  Speaker 2: we could see a major pump over the weekend. A
• 1:12
  Speaker 2: lot of that began, and it happened on a lot
• 1:15
  Speaker 2: of tokens we'll talk about today, including Solana, AVAX, et cetera,
• 1:18
  Speaker 2: and get into a lot of those.
• 1:19
  Speaker 1: I want to go over to a clip real quick.
• 1:22
  Speaker 1: This is Ben Cowan talking about Bitcoin. Take a look.
• 1:25
  Speaker 3: I'm just here to say that I was wrong, right?
• 1:28
  Speaker 3: I mean, Bitcoin has accepted here. It rallied above the 50-week.
• 1:34
  Speaker 3: It has now extended that. My biggest regret is... You know,
• 1:39
  Speaker 3: my strategy this year was to start buying in July
• 1:43
  Speaker 3: below 0.3 risk, which happened, but it only happened for
• 1:47
  Speaker 3: about five days. So I guess that goes to show
• 1:51
  Speaker 3: you when the opportunities arise to take more advantage of them.
• 1:56
  Speaker 3: There are other people that were right, and I think
• 2:00
  Speaker 3: they probably deserve your viewership more right now than me.
• 2:04
  Speaker 4: All right.
• 2:05
  Speaker 2: So you've got Ben, of course, kind of getting into
• 2:06
  Speaker 2: the point of the four year cycle. He's pretty much
• 2:09
  Speaker 2: been the face of the four year cycle. That, of course,
• 2:11
  Speaker 2: is not necessarily the case right now, as we are
• 2:13
  Speaker 2: seeing Bitcoin move back in to its top 10 position
• 2:18
  Speaker 2: in terms of the largest asset market cap in the world, guys.
• 2:22
  Speaker 1: So take a look at it. Gold leading the way.
• 2:25
  Speaker 1: Bitcoin coming up.
• 2:26
  Speaker 2: And I'm sure Peter Schiff is not happy about this
• 2:29
  Speaker 2: for sure. Other things, though, that are happening, and that
• 2:32
  Speaker 2: is the ETF holders are starting to get out from
• 2:35
  Speaker 2: underneath the bank, and they are coming back in and
• 2:38
  Speaker 2: starting to realize what a coin can do when you
• 2:41
  Speaker 2: start to see a bull run start to take place,
• 2:43
  Speaker 2: and that's what we are witnessing right now. Now, the
• 2:46
  Speaker 2: real question is, do you guys think that this is
• 2:49
  Speaker 2: simply a fake pump, or do you actually believe that
• 2:52
  Speaker 2: we are moving into the next era of digital asset
• 2:55
  Speaker 2: bull run? Drop some comments down below. I'd love to
• 2:58
  Speaker 2: kind of get your input on this. If you look
• 3:00
  Speaker 2: at it right here, there's other things that are happening
• 3:02
  Speaker 2: as well that are matching, and it really kind of
• 3:05
  Speaker 2: boils down to where the runners are coming from. And
• 3:09
  Speaker 2: if you look at the top 25, you had Near,
• 3:10
  Speaker 2: you had AVAX, Uni, Zcash, Hype, all of which we've
• 3:15
  Speaker 2: talked about quite a bit here over the last few months.
• 3:17
  Speaker 2: And of course, outperforming significantly when it comes to the
• 3:21
  Speaker 2: big boys, and that being Bitcoin, Solana, and Ethereum. And
• 3:24
  Speaker 2: the real question, I think, guys, is are we going
• 3:26
  Speaker 2: to see a handful of others start to make their
• 3:28
  Speaker 2: way in? There's a handful of other projects out there
• 3:31
  Speaker 2: that I think actually could get some run. If you
• 3:33
  Speaker 2: look at the DeFi data right here, total value locked
• 3:37
  Speaker 2: in DeFi right now is absolutely skyrocketing. If you look
• 3:41
  Speaker 2: at where it was held in 2024, around 36 bill,
• 3:46
  Speaker 2: holding right now at 88, almost 90 bill. And we
• 3:49
  Speaker 2: have not even started yet. So you're not too late.
• 3:53
  Speaker 2: That's the beautiful thing. And I think we are going
• 3:55
  Speaker 2: to see some very interesting strategies that start to play
• 4:00
  Speaker 2: out in this post-clarity era.
• 4:02
  Speaker 1: Let's also take a look at just general liquid staking.
• 4:06
  Speaker 2: If you look at the TBL of where we've seen
• 4:08
  Speaker 2: this starting to grow, this tells you one thing, and
• 4:11
  Speaker 2: that is that we are starting to see a lot
• 4:13
  Speaker 2: of the staked assets starting to go back into the market,
• 4:16
  Speaker 2: which gives us a lot of impetus as to where
• 4:19
  Speaker 2: the market could be going from here. They believe, these investors,
• 4:23
  Speaker 2: that we are going to the next level. Let's jump
• 4:25
  Speaker 2: over this tweet right here. You've got Google and Apple
• 4:28
  Speaker 2: finally joining the crew, and that means they're hiring crypto experts.
• 4:32
  Speaker 1: Hopefully they don't screw this up.
• 4:34
  Speaker 2: But they're going to expand into stablecoins, tokenization, I imagine,
• 4:38
  Speaker 2: most likely blockchain payments. I'm curious, has this been a
• 4:41
  Speaker 2: pressure from the users, or is this something coming from
• 4:45
  Speaker 2: maybe a next generation of leaders coming into these companies?
• 4:48
  Speaker 2: If this is going to happen at Google and Apple,
• 4:50
  Speaker 2: then expect more fireworks from a lot more publicly traded
• 4:54
  Speaker 2: companies down the line. You also have Michael Saylor saying
• 4:58
  Speaker 2: Clarity Act rejection.
• 5:00
  Speaker 1: Was a positive inflection point.
• 5:02
  Speaker 2: He argues that the digital asset industry is better off
• 5:06
  Speaker 2: supporting rules from the SEC and the CFTC going forward.
• 5:10
  Speaker 2: So over the Clarity compromise, you can say what you
• 5:13
  Speaker 2: want about that, guys.
• 5:14
  Speaker 1: We'll go from there. Other points that I.
• 5:17
  Speaker 2: Want to hit at right here, Balshuna kind of hit
• 5:19
  Speaker 2: on it right here in terms of how the media
• 5:21
  Speaker 2: has been attacking crypto for a while. And the fact
• 5:24
  Speaker 2: is that 90% of the media just loves to pile on,
• 5:27
  Speaker 2: troll crypto whenever it can, especially when it's this administration
• 5:32
  Speaker 2: embracing it. And now you have both the CFTC and
• 5:35
  Speaker 2: the SEC starting to guide. And I think you also
• 5:38
  Speaker 2: have traditional investors that have finally said, hey, We're done
• 5:41
  Speaker 2: with trying to get this through Congress.
• 5:43
  Speaker 1: We're trying to figure out a way for the U.S.
• 5:45
  Speaker 1: to lead. In fact, we're going to have to go
• 5:47
  Speaker 1: a different route.
• 5:48
  Speaker 2: And they are moving on, just like we've seen in
• 5:50
  Speaker 2: other markets in the past, now starting to take place here.
• 5:54
  Speaker 2: Tom Lee comes in and, of course, Bitmine bought another
• 5:58
  Speaker 2: 75 mil in ETH. He says Q4 starts one of
• 6:02
  Speaker 2: the biggest market rallies of our lifetime. Now, Tom Lee
• 6:06
  Speaker 2: has been one of the permit bulls that has been
• 6:09
  Speaker 2: talking about this. Sometimes he might be wrong about the
• 6:12
  Speaker 2: exact time period, but his overall stretch has been toward
• 6:16
  Speaker 2: the end of this year.
• 6:17
  Speaker 1: Is he right? Is Tom Lee calling this bull run
• 6:21
  Speaker 1: right here?
• 6:21
  Speaker 2: Let's go to a clip real quick because this will
• 6:23
  Speaker 2: be going into exactly what he thinks the market is
• 6:26
  Speaker 2: going to do.
• 6:27
  Speaker 5: Despite all of this and pessimism, the S & P
• 6:30
  Speaker 5: is 2.6%.
• 6:33
  Speaker 1: Off of its all-time high. How can this be viewed?
• 6:37
  Speaker 1: How can this be viewed as anything other than incredibly bullish?
• 6:41
  Speaker 1: Am I an idiot?
• 6:41
  Speaker 4: Is the market bulletproof given all of those bullets that
• 6:44
  Speaker 4: have been fired at it?
• 6:45
  Speaker 5: Yeah, I think what people forget is people tend to
• 6:49
  Speaker 5: look at the stock market as, oh, it's up a
• 6:52
  Speaker 5: lot from five years ago and a lot of people
• 6:55
  Speaker 5: just bought it without thinking, but they're not thinking about
• 6:59
  Speaker 5: companies are using technology They adapted to all those black
• 7:03
  Speaker 5: swans and cut costs. And this year, earnings are up
• 7:08
  Speaker 5: 25% and the market's only up 10.
• 7:10
  Speaker 1: So the market got cheaper.
• 7:12
  Speaker 5: And I think that's the perspective is that we're trusting
• 7:15
  Speaker 5: our money with these CEOs that are proven that they're
• 7:18
  Speaker 5: blue chip because they're not just sitting and telling the
• 7:21
  Speaker 5: board everything's fine. They're like in crisis mode and cutting
• 7:24
  Speaker 5: costs all the time.
• 7:25
  Speaker 1: All right.
• 7:25
  Speaker 2: So as you see, Tom kind of defending the point
• 7:28
  Speaker 2: is that there is a much bigger opportunity at foot here.
• 7:31
  Speaker 2: And I think the key here is going to be
• 7:33
  Speaker 2: centered around Ethereum. Ethereum still could be one of the
• 7:36
  Speaker 2: major players, even though it is heading toward 3000. We
• 7:39
  Speaker 2: could see it coming maybe just in the next few weeks.
• 7:43
  Speaker 2: But here is John Gillen talking about where Ethereum stands today.
• 7:46
  Speaker 1: Take a look.
• 7:47
  Speaker 4: I'll make a price prediction. This thing's going to hit $ 4, 000
• 7:49
  Speaker 4: for the end of the year, I think. I mean, look,
• 7:50
  Speaker 4: I mean, it looks fantastic. I think it could double quickly.
• 7:53
  Speaker 4: This tokenization exemption comes through. You know, we get a
• 7:57
  Speaker 4: little bit more Tom Lee getting to his 5% target.
• 8:00
  Speaker 4: I mean, it's the most hated asset in crypto and
• 8:02
  Speaker 4: it's very reflexive because Ethereum's narrative is terrible when it's
• 8:05
  Speaker 4: going down. Because it has no value accrue. It's not
• 8:09
  Speaker 4: like Bitcoin. It's not a store of value asset. It
• 8:12
  Speaker 4: doesn't really compete against Solana. But when it's going up,
• 8:15
  Speaker 4: it's like, well, duh, the world needs a permissionless, decentralized,
• 8:19
  Speaker 4: credibly neutral base layer for the future of finance. It's
• 8:22
  Speaker 4: always been Ethereum.
• 8:23
  Speaker 1: What the hell? What were we thinking?
• 8:26
  Speaker 6: I think we're just now getting to the then they
• 8:28
  Speaker 6: fight you phase of Ethereum's adoption and growth. Eventually, institutional
• 8:32
  Speaker 6: capital will, with size and conviction, rotate towards Ethereum. But
• 8:37
  Speaker 6: I think for right now, the opportunity is for retail,
• 8:40
  Speaker 6: for self-directed investors to position themselves to be ahead of
• 8:43
  Speaker 6: that and to ride the next five, 10 years of
• 8:46
  Speaker 6: growth of Ethereum, of digital assets and of ETH. So
• 8:48
  Speaker 6: I don't know. It's not so much that I'm like
• 8:51
  Speaker 6: an ETH maxi or telling everybody to full port ETH
• 8:53
  Speaker 6: by any means. But that's the general way I think
• 8:55
  Speaker 6: about this. And that's who I would hope the next
• 8:57
  Speaker 6: marginal buyer would be, would be just self-directed investors who
• 9:00
  Speaker 6: understand how important they and their capital are. and to
• 9:04
  Speaker 6: treat it with the respect of investing with it rather
• 9:06
  Speaker 6: than speculating with it.
• 9:08
  Speaker 2: All right, so guys, think about this, and that is
• 9:10
  Speaker 2: the rotation that could be occurring. And we look at
• 9:14
  Speaker 2: these times in the market, and in many cases, there's
• 9:18
  Speaker 2: very small windows in which these flips occur. If you
• 9:21
  Speaker 2: look at this chart right here, this is an asset
• 9:23
  Speaker 2: performance chart starting in June of this year, and it's
• 9:28
  Speaker 2: running through right now, 9-18 in September. You can see
• 9:31
  Speaker 2: Ethereum leading the way, number one, right now setting at
• 9:34
  Speaker 2: 65% in terms of growth. Solana right behind it, Bitcoin.
• 9:38
  Speaker 2: I'll kind of zoom in on these. And then you
• 9:40
  Speaker 2: start to get into traditional stocks and a handful of others,
• 9:44
  Speaker 2: including silver, the Magnificent Seven, some healthcare, et cetera, all
• 9:49
  Speaker 2: on the positive side and even into the negatives of
• 9:52
  Speaker 2: what we are starting. So is that rotation beginning to
• 9:55
  Speaker 2: show up here? And are we in that right place?
• 9:58
  Speaker 2: So if you guys are investing out there today and
• 10:01
  Speaker 2: you're thinking, okay, I'm going to go into Bitcoin, Solana, ETH, XRP,
• 10:06
  Speaker 2: which ones do you think are going to be the
• 10:09
  Speaker 2: bigger performers by end of year? I'm just kind of
• 10:11
  Speaker 2: curious what the audience thinks. Drop some comments down below
• 10:16
  Speaker 2: and I'll talk about it when we get those in.
• 10:19
  Speaker 2: All right, let's go over here because Solana just unlocked
• 10:22
  Speaker 2: a lot. And that is in terms of just the
• 10:24
  Speaker 2: amount of headlines it has been cracking over the past
• 10:28
  Speaker 2: few weeks. You have Nectar Finance jumping in. Obviously, you
• 10:32
  Speaker 2: had Column coming in. This is a new FDI insured
• 10:35
  Speaker 2: bank behind Brex. It's crazy the amount of launches that occurred.
• 10:40
  Speaker 2: And when you look at where Solana has been, and
• 10:43
  Speaker 2: I wonder, when you think about the acceleration of traders...
• 10:49
  Speaker 2: You look at where Solana is right now, trading close
• 10:51
  Speaker 2: to 120. And the possibility of where it competes with Ethereum,
• 10:56
  Speaker 2: I think that's the next big move here going forward.
• 10:59
  Speaker 2: So the question is, is which one is going to
• 11:01
  Speaker 2: move more?
• 11:02
  Speaker 1: ETH, Solana, Bitcoin?
• 11:04
  Speaker 2: One thing to also, if you want to kind of
• 11:06
  Speaker 2: compare and see, okay, well, if Solana is actually going
• 11:09
  Speaker 2: to win this race in terms of the next generation,
• 11:13
  Speaker 2: of traders look no further than stocks. That's a good
• 11:16
  Speaker 2: example right here. And this may be the indicator that
• 11:20
  Speaker 2: could elevate this above Robinhood chain. And we put out
• 11:23
  Speaker 2: a couple of videos that it has been. I believe
• 11:26
  Speaker 2: it is going to come down to Solana and Robinhood
• 11:29
  Speaker 2: in terms of trying to win this. And it may
• 11:31
  Speaker 2: be a battle that has already been won by Solana
• 11:34
  Speaker 2: going forward. But let's not leave out what's happening with
• 11:37
  Speaker 2: Avalanche if you did not watch it over the weekend.
• 11:39
  Speaker 2: And it was one we talked about on Friday that
• 11:41
  Speaker 2: I said This may be one to keep a very
• 11:44
  Speaker 2: close eye. And in fact, we saw Avalanche jump dramatically.
• 11:48
  Speaker 2: But you've got Helicon, which is scheduled to activate on
• 11:51
  Speaker 2: May 9th, September 22nd, just around the corner.
• 11:55
  Speaker 1: Another major move for the AVAX network.
• 11:58
  Speaker 2: And I think these are the kind of things, guys,
• 12:00
  Speaker 2: that you need to keep very close eye on because
• 12:02
  Speaker 2: right now it's very early. Circle is another one that
• 12:05
  Speaker 2: might not be getting its flowers. Circle right now, Mint,
• 12:08
  Speaker 2: now lets eligible institutions to borrow USDC against Bitcoin through
• 12:14
  Speaker 2: Morpho or on ARK and or on Ethereum. And then
• 12:20
  Speaker 2: you don't have to sell your Bitcoin. So imagine this
• 12:22
  Speaker 2: right now, institutions be able to move in and actually
• 12:25
  Speaker 2: do this through ARK and what Circle is doing. This
• 12:28
  Speaker 2: is a big leap because Circle, a publicly traded company,
• 12:32
  Speaker 2: Circle very integrated into what's happening within the Coinbase ecosystem,
• 12:37
  Speaker 2: hence Morpho, and the opportunity here for launching of a
• 12:41
  Speaker 2: new chain and giving a gateway for institutional capital to
• 12:45
  Speaker 2: go out there and execute on it.
• 12:46
  Speaker 1: So some big things. If you look at.
• 12:48
  Speaker 2: Circle as a stock, holding it around 94, this bottom
• 12:52
  Speaker 2: was setting at 59.
• 12:53
  Speaker 1: That's right there.
• 12:54
  Speaker 2: Remember, all-time high for Circle, setting at $ 300, guys. So
• 12:59
  Speaker 2: if you look at this going up, and if you
• 13:01
  Speaker 2: kind of consider market cap setting.
• 13:03
  Speaker 1: At $ 23.
• 13:04
  Speaker 2: Billion right now, that could be in a position right
• 13:07
  Speaker 2: there where a 3X could be in order.
• 13:09
  Speaker 1: I'm not saying that that is going to happen. I'm
• 13:10
  Speaker 1: just saying.
• 13:11
  Speaker 2: We are dealing with new times and Circle may be
• 13:15
  Speaker 2: one of the key companies that help usher this in.
• 13:18
  Speaker 2: So we're going to be covering this and a lot
• 13:19
  Speaker 2: more this week because it's going to be a barn
• 13:22
  Speaker 2: burner this week.
• 13:23
  Speaker 1: Stay tuned. If you like this video, hit like and subscribe.
• 13:33
  Speaker 2: Drop a comment down below and also join our free
• 13:36
  Speaker 2: private member group. The link is in the description.