Latest / CRYPTO 101 / Crypto Rundown: The Oil Trade Playbook: Why Crypto and Bitcoin are Holding Strong During Volatility

Transcript

Crypto Rundown: The Oil Trade Playbook: Why Crypto and Bitcoin are Holding Strong During Volatility · CRYPTO 101

0:08
[SPEAKER_00]: All right, everybody.
0:09
[SPEAKER_00]: Welcome back to the crypto 101 podcast.
0:13
[SPEAKER_00]: It is the meme coin called oil.
0:15
[SPEAKER_00]: That's what Brian just said before we went live.
0:18
[SPEAKER_00]: Oil is trading at record highs, record crashes, record rips, record dips all within a matter of days.
0:25
[SPEAKER_00]: Literally, 30, 40 hours of this volatility round oil has been something that the markets of a whole have been gripped with.
0:32
[SPEAKER_00]: Again, it's around the macro environment, but
0:34
[SPEAKER_00]: We're gonna break that down and how it affects crypto because during this volatility When it will rip and then it dipped you would think that crypto might be selling off as the rest of the market sold off Late into Sunday night in Monday morning, but it didn't so we're bringing you the statistics We're bringing you what happened and we're breaking it down with my friend Brian today We also have a ton of other fun stuff Especially crypto related.
0:57
[SPEAKER_00]: We're gonna go over corn market cap.
0:59
[SPEAKER_00]: There were some massive buys micro strategy with a massive buy on Monday
1:03
[SPEAKER_00]: with a massive buy.
1:05
[SPEAKER_00]: We have some Solana ETF stats we want to get to.
1:08
[SPEAKER_00]: There's more US national crypto banks being made by the day.
1:13
[SPEAKER_00]: Law suits are pending from the big boys for you got to hear about that.
1:17
[SPEAKER_00]: Crack in partners with the Nasdaq and some more AI talk on the back end Brian again.
1:22
[SPEAKER_00]: Just we went live Friday so like what four days and we got a whole other list or run down here, but we'll start off with oil, but I want to see how you are my friend.
1:31
[SPEAKER_00]: Thank you for joining us.
1:32
[SPEAKER_01]: Yeah, no shortage on news, Tvo.
1:34
[SPEAKER_01]: And you nailed it.
1:35
[SPEAKER_01]: The oil we call, the meme coin we call oil is exactly what I said before we jumped on.
1:41
[SPEAKER_01]: And you know, I love to go down the speculative train talking about, you know, AI agents or meme coins or these volatile assets where we can make a quick flip.
1:50
[SPEAKER_01]: Little did I know all I had to do was watch the,
1:53
[SPEAKER_01]: 140 trillion dollar market cap, they call oil, the certain opportunities.
2:01
[SPEAKER_01]: But we're going to break it down for you.
2:02
[SPEAKER_01]: Always, always some interesting news out there in the crypto world.
2:06
[SPEAKER_00]: Yeah, I mean, it's easy to understand why something was going on.
2:11
[SPEAKER_00]: But we want to really lift up under the hood here and dive into it.
2:14
[SPEAKER_00]: So obviously, there's the war in Iran going on.
2:17
[SPEAKER_00]: And that's not what we're here to talk about.
2:18
[SPEAKER_00]: But it is disrupting the markets, top to bottom.
2:21
[SPEAKER_00]: And again, nothing was affected more than oil.
2:25
[SPEAKER_00]: So over the weekend, things, I guess you could say, heated up a little bit.
2:30
[SPEAKER_00]: And then what happened going into Sunday night, when the future's open,
2:36
[SPEAKER_00]: ripping face sorry that's the wrong one i don't want to show that one where's the other on here we are so we'll start ripping face you could see that huge gap up i mean we're talking about from the weekend you know from friday all the way to sunday night it went from you know about seventy dollars of barrel all the way up to at one point i believe it hit like a hundred eleven it got into those wicks those giant wicks the hockey stick that we talk about a lot here to be careful of uh got into
3:06
[SPEAKER_00]: from kind of a global scale because we won't get into too much here, but, you know, the price of oil every dollar and oil equates, I think, two cents at the pump, something like that.
3:16
[SPEAKER_00]: So it's an inflation worry.
3:18
[SPEAKER_00]: If this is something that's going to be long term, people start panicking and then obviously what we kind of saw here is oil turned into a casino.
3:28
[SPEAKER_00]: late night you see this rip up into the 1-10s the 1-20s and then you know you're like wow what an absolute rip and then as soon as it went up it tumbled down the next day and it's just the volatility went all the way down all the way up the 1-11, 1-20 and then all the way down to 84
3:44
[SPEAKER_00]: down 30% since last night's highs.
3:48
[SPEAKER_00]: That's again, Sunday and Monday.
3:50
[SPEAKER_00]: And there's a a myriad of reasons for that.
3:53
[SPEAKER_00]: But I think the biggest thing from our perspective is kind of looking at this and saying, okay, well, what happened to the crypto markets during this?
4:02
[SPEAKER_00]: So for that, we'll pull up Coin Market cap, but spoiler.
4:06
[SPEAKER_00]: crypto held strong if anything bitcoin was up and and crypto kind of across the board the blue chips were up heading into monday so the stock market woke up and there's a light liquidity in the morning but the futures were all down i mean it was a huge sell off oils up stocks were down across the board and then i was looking at at the bitcoin market if you're going here on the one week um...
4:30
[SPEAKER_00]: again that's a little bit of a dip here but on the one week we're green and it didn't it wasn't selling off like here's here's uh let's see nine ten eleven so here we were coming coming out of the weekend on sunday and then as Monday comes we're starting to tick up here right so
4:45
[SPEAKER_00]: it's like it was a complete opposite moves very similar to what we've been talking about how you know crypto led the way down along with software and then that they've been showing signs of relative strength over last week or two um and oil didn't cut the legs out and overall the markets held up pretty well this week but it was a wild wild trade in oil it was the most like literally it's that records for percentage wise for the ups to the downs um
5:12
[SPEAKER_00]: and my final point before I hand it off to you Brian is this is exactly what we talked about with commodities when we saw silver when we saw gold when we saw copper in uranium it was the new casino right we saw silver ripping you know 10 20% a day and then crashing 20 30% a day the volatility these things just became quote unquote the new new casino and people start trading futures and you could you could get caught off sides
5:42
[SPEAKER_00]: And I think that's what we saw on oil this weekend.
5:44
[SPEAKER_00]: And there's a reason for it.
5:46
[SPEAKER_00]: There's a reason why people are running there.
5:47
[SPEAKER_00]: They're trying to front run what's going on in the macro.
5:50
[SPEAKER_00]: But is there anything that stuck out to you?
5:53
[SPEAKER_00]: Crypto wise, the oil trade.
5:54
[SPEAKER_00]: How did you digest all that in the last 36 hours?
5:58
[SPEAKER_01]: Yeah, it's been a while of 36 to 48 hours.
6:02
[SPEAKER_01]: I mean, specifically Sunday night, I think Bitcoin bottom ticked right around like 66K, 65, five, right around there.
6:10
[SPEAKER_01]: And I kind of had that feeling in me again, like, here we go again.
6:13
[SPEAKER_01]: It's gonna be another red Monday.
6:15
[SPEAKER_01]: We got Trump saying that the war in Iran or the tensions without unconditional surrender.
6:23
[SPEAKER_01]: So everyone started powering into the oil trade
6:28
[SPEAKER_01]: you know the oils becoming a scarce asset with you know all the you know with the straight of hormones and everything along those lines and the insurance of the oil tankers but then we wake up on Monday and we we see this sign of strength in the Bitcoin market which which was frankly a little surprising to me held that strength and we we've looked pretty good today
6:51
[SPEAKER_01]: I think we're up to like 71 in change today.
6:55
[SPEAKER_01]: So really encouraging to see the crypto market, the overall crypto market, I don't want to say, be unaffected because we saw it happen on Sunday, but kind of just hold this tight range we've been really talking about that.
7:07
[SPEAKER_01]: 60 to 70 range.
7:09
[SPEAKER_01]: I'd love this to just break out of 71, 72 and hold it for a while.
7:13
[SPEAKER_01]: And then we'll probably be looking at some other levels.
7:16
[SPEAKER_01]: But this is the high end of the range.
7:21
[SPEAKER_01]: 30% up one minute, 30% down, and it's really dependent on what's happening in the news.
7:27
[SPEAKER_01]: I'm sure we'll talk a little bit about it, but we had Trump come out, I think it was today where he said that now he thinks the war could be over quicker than he expects.
7:35
[SPEAKER_01]: So we really don't know, but those comments are absolutely affecting the market, and we should have known on this oil trade.
7:43
[SPEAKER_01]: When we saws like everybody, everybody in crypto twitter,
7:46
[SPEAKER_01]: Every meme coin trader, every crypto trader around was powering into oil futures on hyper liquid.
7:55
[SPEAKER_01]: You know, that's probably a good time to fade the public like we always said.
7:58
[SPEAKER_01]: So yeah, you're right.
7:59
[SPEAKER_01]: We touch 115 bucks a barrel.
8:01
[SPEAKER_01]: Now we're down to 84 dollars.
8:04
[SPEAKER_01]: And I'm not exactly sure what my gut's telling me where we go from here from an oil standpoint.
8:11
[SPEAKER_01]: Um, you know, that's not necessarily my expertise markets are, but There's I mentioned this to you yesterday.
8:18
[SPEAKER_01]: I might I'm going off a little bit off script here, but I ran has an interest here to keep oil interest oil barrels, oil high.
8:27
[SPEAKER_01]: you know so it's like almost their defense mechanism they're not going to win from a military standpoint and i think everybody knows that but they probably want the price of oil to hurt you where where you know to get the get the headlines out there like hey we're paying this much can you believe a barrel of oils $152 dollars
8:46
[SPEAKER_01]: So we're seeing a lot of volatility in this major market and it's such a huge market, too.
8:53
[SPEAKER_00]: That's a product.
8:54
[SPEAKER_00]: Just a little mental in that for a second.
8:56
[SPEAKER_00]: I think that's the wildest part.
8:58
[SPEAKER_00]: We do a lot of stuff with you and Joe and the little men and money makers.
9:01
[SPEAKER_00]: And we're always warning people, hey, be careful here.
9:05
[SPEAKER_00]: It's a million dollar market cap.
9:06
[SPEAKER_00]: And we're trying to watch it go to a $5 million market cap.
9:09
[SPEAKER_00]: We're talking about market caps and the billions and billions of dollars.
9:14
[SPEAKER_00]: That is moving like a yo-yo, and it's just insane, and that goes to my point is back in last year in January 25, when we're doing the hype of the meme coin craze, and Dave Portnoi was tweeting, now Greed 1, Greed 2, it's like, you know, we kind of knew what it was, right?
9:33
[SPEAKER_00]: It was the meme coin casino, and there was ways to get Alpha, especially in the MMM and a money makers group.
9:38
[SPEAKER_00]: but you knew what you were kind of signing up for.
9:41
[SPEAKER_00]: You were trading hype and then for this thing, there's tons of people that make a living off of trading these commodities that aren't used to this volatility and a lot of people will be honest, they don't even want, especially this type of volatility for these type of products that's not, it's not meant to be that way, but just over time people want these exposures to be able to go and trade options and do these, you know, one week,
10:06
[SPEAKER_00]: and these gamma squeezes just fricking sent things to the moon and it's wild like you can only imagine who you know got caught maybe short like you went into the weekend a ton of people were saying hey I bet trump over the weekend's gonna tweet out what he did and he ended up tweeting that on what lat yesterday Monday evening was oh this is going to be a short campaign we've basically already won you know yaddi adiada it's he he pancakes every other day it's like hey we're going to be in here for a while or we've already won
10:34
[SPEAKER_00]: depending on what the market's doing seemingly.
10:37
[SPEAKER_00]: So you could totally see a bunch of people going up and shorting oil around, you know, whatever the 80, the 70 to 80 levels saying, hey, I'm playing for a tweet that claims victory over the weekend and deflates this oil back to 60.
10:52
[SPEAKER_00]: and that's not what happened.
10:53
[SPEAKER_00]: It went the other way and more activity over there and then those shorts got caught off sides and had to cover.
11:00
[SPEAKER_00]: I mean, that's the only explanation for this.
11:02
[SPEAKER_00]: I don't necessarily have the ins and outs of the crude oil report for options, but to get these type of moves, that upside swing and then less than 24 hours later, a 30% decline.
11:14
[SPEAKER_00]: I mean, oil had a bull and a bear market Brian in 18 hours.
11:20
[SPEAKER_01]: I know, and the people trading oil or commodities on a daily, they're not built like us.
11:26
[SPEAKER_01]: They're not ready for the 30, 40% pullbacks in 40 to 50% up swings.
11:32
[SPEAKER_01]: They're not built like that.
11:34
[SPEAKER_00]: There's a trader.
11:35
[SPEAKER_00]: There's a trader you may know who has has receipts for an 11 o'clock oil short on Sunday night.
11:41
[SPEAKER_00]: I'm just saying.
11:42
[SPEAKER_00]: I'm just saying.
11:43
[SPEAKER_01]: Yeah.
11:43
[SPEAKER_01]: That's that's true.
11:45
[SPEAKER_01]: TV showed them to me yesterday.
11:47
[SPEAKER_01]: He's like and I was like that was That was a sharp move.
11:50
[SPEAKER_01]: I think it's exactly what I said.
11:51
[SPEAKER_01]: I would have I would have probably told you to stay away from that trade on Sunday night Just because who knew what was gonna go what was happening, but Tevo knew that's all I know I didn't I didn't tell but I loved to see my guy get some w's
12:05
[SPEAKER_00]: hey you got to find the wins where you can in this market it's super tough but let's um we are on coin market cap right now and I love that they have the brands oil there for us to look at but i thought really it was really cool is how hyper liquid got into the mix so if we move back into crypto specific we've talked about hyper liquid a lot on this show um the volume that they're doing is unbelievable and the oil futures got into the mix over the weekend.
12:30
[SPEAKER_01]: Yeah, I mean, hyper liquids, one of my favorite tokens out there.
12:34
[SPEAKER_01]: I don't think that's any surprise to anybody that listens to the slow rundown.
12:38
[SPEAKER_01]: I talk about it quite often.
12:40
[SPEAKER_01]: I'd followed it closely if you're in our community, you know, I've given it as a call as a handful of times.
12:45
[SPEAKER_01]: And I honestly continue to continuously dollar cost average in because it makes a lot of sense to me what the platform, what it offers, mean that decentralized platform and you can get exposure
13:00
[SPEAKER_01]: And when we have these really volatile days in the crypto world and especially in the commodities market, people are running over the hyper liquid, they're longing oil, they're shorting oil and really if you own the hyper token, you probably don't really care what happens if it goes longer short.
13:16
[SPEAKER_01]: You just want action, you want volume on that platform and it's the largest decentralized purse platform around.
13:22
[SPEAKER_01]: So it's absolutely smashing.
13:24
[SPEAKER_01]: So I'm still a big fan of hyper liquid.
13:27
[SPEAKER_01]: The future's hit.
13:27
[SPEAKER_01]: Well, 1.2 billion in trading volume, massive numbers.
13:32
[SPEAKER_01]: I think it was in the billions during that silver push as well.
13:36
[SPEAKER_01]: So there's always some really interesting tokens out there.
13:40
[SPEAKER_01]: There are a little bit different than all the other ones, but it's the number one L1 out there, meaning from trading volume happening right now.
13:49
[SPEAKER_01]: So you have to pay attention to hyper liquid
13:52
[SPEAKER_00]: Yeah, it's making a lot of noise and there's a lot of people paying attention to it, including Arthur Hayes who had an essay on the high token, making a call that it's going to 150 by August 2026.
14:04
[SPEAKER_00]: I guess I can click on the sub stack here.
14:07
[SPEAKER_00]: We can pull this up and ask you to subscribe.
14:09
[SPEAKER_00]: I wonder if that's him skiing?
14:12
[SPEAKER_01]: Yeah, you see that's great.
14:14
[SPEAKER_01]: That's great form, which way, but yeah, yeah, an interesting read here.
14:20
[SPEAKER_01]: It's a bull, it's a bull, a bull post about hype.
14:24
[SPEAKER_01]: I mean, it's literally titled in hype man.
14:26
[SPEAKER_01]: It's the title of the article.
14:29
[SPEAKER_01]: Now, I think there's some on-chain records of Arthur Hayes selling some hype right around 28 bucks I saw after fair.
14:36
[SPEAKER_01]: Now, I'm sure not all is entire stack, but he makes a very compelling case for hyper-liquid, take it with a grain of salt.
14:43
[SPEAKER_01]: You know, 150 price prediction for hype in a few months, I believe, it is an outrageous prediction.
14:51
[SPEAKER_01]: And any maps out some ways that could get there, never say never, I think hype.
14:56
[SPEAKER_01]: is a really strong token, and I like to set up for it right now, and I do, I have I'm a holder.
15:03
[SPEAKER_01]: So, you end up dollar cost averaging in, so obviously I'm a believer in it.
15:08
[SPEAKER_01]: Sign me up for $150 hype token Arthur Hayes.
15:13
[SPEAKER_01]: I think there's a path for it, do I think that's...
15:16
[SPEAKER_01]: the path, the least resistance, or should I say, that's the most likely outcome probably not, but I do think it's really showing itself of how much action it's getting in these times, how strong of a token it is and what they continuously,
15:32
[SPEAKER_01]: they're building, they use the revenue buybacks, the support hype, hype token buybacks.
15:38
[SPEAKER_01]: So a lot of interesting things behind this app, and I think this, we talked about this on last run down, I forget why we were talking about it, but we were talking about apps in crypto, certain apps in crypto that make a lot of sense, they make money, and this is one of the few cryptos out there that do really well make money, they're very niche app,
15:58
[SPEAKER_01]: They have a strong following.
16:00
[SPEAKER_01]: So, yes, I do think it could go higher.
16:02
[SPEAKER_01]: Do I think you go to 150?
16:03
[SPEAKER_01]: I'd probably sell before it gets 150, so I probably won't even know.
16:11
[SPEAKER_00]: that's great.
16:12
[SPEAKER_00]: Yeah, and I think a cool thing about this token is it's something that we've talked about and covered for a while not only on the podcast, but even before that inside the community, I know the team talked about on the VIP calls and and row hit as written about it in the newsletters are guy.
16:29
[SPEAKER_00]: So again, if that's something that you're interested getting these type of write-ups that you're seeing on the screen, this is Arthur Hayes' Substack, but again, we have our, you know, crimp nation community.
16:37
[SPEAKER_00]: So if you're interested, go down and check out some of
16:41
[SPEAKER_00]: you know, more involved with the community and more access to the team.
16:44
[SPEAKER_00]: I'm going to pull up coin market capital in last time because I just just to overview again, looking at the seven day here.
16:49
[SPEAKER_00]: Let's look at the seven day, the, you know, the coin market cap 20 is up to percent, Bitcoin, about two, two and a half Ethereum, kissing against three.
16:59
[SPEAKER_00]: Somebody's up six here.
17:00
[SPEAKER_00]: Don't coin, there he is.
17:02
[SPEAKER_00]: That's the legend, the legend, unbelievable.
17:05
[SPEAKER_00]: Anybody being, anybody being,
17:09
[SPEAKER_00]: Oh, that's great.
17:10
[SPEAKER_00]: That's great to see.
17:11
[SPEAKER_00]: Oh, pie.
17:12
[SPEAKER_00]: Shut up, pie, towel.
17:13
[SPEAKER_00]: It's something that our teams talked about a lot.
17:15
[SPEAKER_00]: Very cool.
17:16
[SPEAKER_00]: So I think the cool thing is here, you know, fear and greed index.
17:20
[SPEAKER_00]: Again, if we go to crypto specific, which is what we are here and how we've covered this, I find it very refreshing.
17:29
[SPEAKER_00]: to see us holding strong when there's a lot going on in the macro right there's a huge macro event that's creating crazy volatility and people are clenching their pearls while we're carpet bombing you know in other nation and usually that that triggers you know a pretty a lot of volatility and it did in the oil market as you saw earlier and and we didn't fluctuate as much as
17:55
[SPEAKER_00]: a testament to the volatility and the negative price action that crypto's had recently this year right so it's kind of the old saying hey you know you're not on the same side of the boat is everybody else right now if anything if you're buying crypto you're probably a contrarian but also you know the sellers see whoever wanted to sell seems to have sold at this point
18:17
[SPEAKER_00]: If you're not going to sell in this huge down draft and then you're going to stabilize and then we start World War three and you're up to 1.5% on the week, that's a signal of strength in my eyes.
18:28
[SPEAKER_00]: What about you?
18:30
[SPEAKER_01]: Yeah, it's certainly a signal of strength, and it does feel like most of the sellers have accident.
18:37
[SPEAKER_01]: Now there are some big whales out there.
18:42
[SPEAKER_01]: You could probably dust off some sellers that want to get out of their position.
18:46
[SPEAKER_01]: And we've had some massive buys that have come in as well.
18:49
[SPEAKER_01]: I think what we're going to talk about, Michael Sailor, and what he's doing with stretch and micro strategy.
18:54
[SPEAKER_01]: So we also seen some massive buys, and I'm sure he's buying a lot right now.
18:58
[SPEAKER_01]: as well, but with all this being said, it feels like
19:05
[SPEAKER_01]: It feels like we're in this higher end of the range and again, I think we might stay there for a little longer But there's a pe- this feels like 2025 what happened with tariffs right like Trump is coming out tweeting and moving markets like 100% tariffs on China Oh 100% on Canada and then two days later He'd withdraw it and we get a little pump in the market until the market was just immune to you know those tweets
19:30
[SPEAKER_01]: feels like we've kind of seen this before the market feel that the big coins become a little bit more grown up and sophisticated kind of get some of those sellers out and now we're just holding in that range and where I said there's a path here we got out of that tariff wall and then push back to some all-time highs as well.
19:48
[SPEAKER_01]: There's a path here as well, geopolitically, you know, wrap up this war with Iran, get some bullish headlines, sign of market structure bill.
19:55
[SPEAKER_01]: You know, we might be off to the races again, but I still think I don't think we're out of the woods yet.
20:00
[SPEAKER_01]: You know, love it, we're at love, love, we're an upper part of this range.
20:04
[SPEAKER_01]: Love being above 70 k. I love to see his clothes like above 72 and hold it for a while.
20:10
[SPEAKER_01]: But we're probably not out of the woods yet.
20:12
[SPEAKER_01]: We could probably get some headlines, but it doesn't feel like the darkest.
20:16
[SPEAKER_01]: It feels like the darkest days are time behind us.
20:18
[SPEAKER_01]: Now we're just trying to find our footing and figure out what the next move's gonna be.
20:23
[SPEAKER_00]: Yeah, and I think the one thing to note, one last macro point before we dive into the whales and the buying and the crypto-specific stuff.
20:30
[SPEAKER_00]: We've seen this week.
20:32
[SPEAKER_00]: I think is a note that you want to talk about is inflation, right?
20:35
[SPEAKER_00]: And so I pulled up true inflation here.
20:37
[SPEAKER_00]: Obviously true inflation has been much lower of a statistic than the core inflation numbers that the Fed has been using in the traditional reporting measures.
20:45
[SPEAKER_00]: So that's a,
20:46
[SPEAKER_00]: a place for debate as well, but with these oil prices, and again, it's dropped from a tie, but it's still much higher than it was, you know, three weeks ago is that oil is something that can creep into the inflation numbers pretty quick.
21:02
[SPEAKER_00]: And so when you have a mass, you know, wartime event like this on a global scale, and then obviously oil goes higher that's going to affect the inflation numbers you're going to the Fed is going to absolutely be pausing.
21:15
[SPEAKER_00]: I think we kind of already knew that with, you know, the, sorry I got it messes there through me off.
21:22
[SPEAKER_00]: We already knew that with Powell, he's not going to be going in and cutting before his terms up and then, worse, he's going to take over, but I mean, this just puts the nail on the coffin for the feds not going to make a move, even though this data is saying inflation is falling like a rock, there's no wiggle room for any movements when you have so much action going on around the globe and oil prices are rising, so that's not something that we can count on.
21:48
[SPEAKER_01]: Yeah, well said, you know, and let's talk a little bit about some of these buys that've been happening out there because, uh, I got like a sailor can't stop.
21:58
[SPEAKER_00]: Yeah, man, that I mean, this is one of his bigger buys in a while.
22:03
[SPEAKER_00]: Um, I think a fun stat is they captured, uh, I saw on the tweet there is 571% of the weekly supply.
22:12
[SPEAKER_00]: Um, and, you know,
22:15
[SPEAKER_00]: hammering hammering the buy button which they have been doing um but you know 17,994 Bitcoin is a large number and then he's not the only one he's accompanied by uh friend of the show Tom Lee buying another 60,000 basically 61,000 ETH
22:33
[SPEAKER_00]: for value of 122 million as they continue to go to the quote unquote alchemy of 5% for Ethereum.
22:41
[SPEAKER_00]: These are dip buys.
22:43
[SPEAKER_00]: These are dip buys.
22:44
[SPEAKER_00]: I think we kind of covered it for a while where we mentioned every single time these guys were buying especially when Tom Lee opened up.
22:51
[SPEAKER_00]: The bit mine shop and it was a new
22:52
[SPEAKER_00]: kind of news flow and then, you know, definitely the buys got a little bit smaller and smaller and, you know, you know, I didn't find it was like newsworthy every week if they're just kind of doing a little dollar cost averaging, but these were kind of get out the hammer and do some dip buying.
23:08
[SPEAKER_01]: Yeah, and how much I wonder has this to do with that stretch, which is that Nasdaq listed perpetual preferred stretch stock that sale or has?
23:18
[SPEAKER_01]: And I did look it up while we were talking, which is curious about that they have a dividend.
23:23
[SPEAKER_01]: So it's essentially a price target right around $100 per stock and then they have a dividend.
23:28
[SPEAKER_01]: And I think the dividend rates like 11 and a half percent.
23:31
[SPEAKER_01]: So you'll get paid cash on these dividends every month.
23:34
[SPEAKER_01]: I think the first payouts on the 15th.
23:37
[SPEAKER_01]: Oh yeah, a super producer.
23:39
[SPEAKER_01]: Yeah, the 15th.
23:40
[SPEAKER_01]: So interested to see kind of how this is going to affect his buys.
23:44
[SPEAKER_01]: But I looked it up to see how much of this 1.28 billion came from the stretch.
23:50
[SPEAKER_01]: And it says 377 million came.
23:54
[SPEAKER_01]: from the stretch shares.
23:55
[SPEAKER_01]: So, 5,300 Bitcoin alone came from this single raise.
24:01
[SPEAKER_01]: So, excited to see how this continues to develop.
24:04
[SPEAKER_01]: I mean, Lovemer Haydum, what he does, sailor sticks to buy a Bitcoin, raising more money, buy a more Bitcoin, figuring out in other way to buy more Bitcoin,
24:15
[SPEAKER_01]: And it's it's it's it's up and I think this is a big reason that we haven't seen as much volatility in Bitcoin But we've seen it across the entire crypto market.
24:25
[SPEAKER_01]: It's not just Bitcoin and so on so there's strength in the crypto market right now But this is this is very interesting to see that
24:33
[SPEAKER_01]: you know, 5,000 Bitcoin were bought through these shares and the dividend rate gets paid out on the 15th.
24:41
[SPEAKER_01]: I wonder how how that's going to affect the stretch share.
24:45
[SPEAKER_01]: So people are going to sell after the dividend and they get hold on to it.
24:48
[SPEAKER_01]: Just something I'm kind of keeping some tabs on.
24:51
[SPEAKER_00]: No, it really is fascinating to watch.
24:53
[SPEAKER_00]: Again, I call it financial alchemy, right?
24:56
[SPEAKER_00]: of creating these products.
24:59
[SPEAKER_00]: a lot of hot takes around the community and just in in finance as well and not only the crypto community around what sailors doing over there uh it is quite fascinating um it's it's a it's a sometimes it's a little hard to understand uh and that's kind of the argument of some people's like hey I don't understand it so I can't invest in it.
25:19
[SPEAKER_00]: Um, but there's people that love it and there's obviously huge strategy fans and we kind of talked about how strategy during this, the kind of bloodied bloodier days of this year, uh, you know, became, you know, one of the top five, you know, shorted stocks again.
25:33
[SPEAKER_00]: So, you know, that's always, you know, that same side of the boat trade and you get a crypto rip and then, you know, same thing we talked about oil short start covering and,
25:41
[SPEAKER_00]: You know, that's how stock prices can kind of squeeze to the upside as well.
25:47
[SPEAKER_00]: We haven't talked about salon in a while and that's going to change in many ways because we just had on a friend of the show Max Kaplan, we just did an interview with him today that'll come out a couple weeks.
25:58
[SPEAKER_00]: He's the CIO of Soul Strategies, which is a publicly traded company as well.
26:04
[SPEAKER_00]: But we have somebody else from the Sloan Foundation scheduled to come on later this month, so circling back to Sloan We haven't forgot about it, but the price action along with everything else hasn't been good But some interesting data around the ETF so even though Solana is down 57% since their ETF's launched.
26:23
[SPEAKER_00]: It's really interesting to see who's kind of been holding on and accumulating
26:28
[SPEAKER_00]: And our friends over at Bloomberg Intelligence put this together, and it's a ton, it's a ton of crypto investment firms and market makers.
26:39
[SPEAKER_00]: So it makes sense, you know, you want, they're going to want, especially if you're a market maker, you got to have the supply.
26:44
[SPEAKER_00]: But I think it just kind of, it shows a lot of conviction from their parts of like, hey, planning for the future.
26:51
[SPEAKER_00]: These type of programs and buys aren't for quick trades, right?
26:57
[SPEAKER_00]: They're accumulating for long-term holds and for market-makers specifically for different types of products and offerings and facilitating.
27:07
[SPEAKER_00]: of this product and coin.
27:09
[SPEAKER_00]: So I think it's a good sign and kind of sticks to the theme that we've talked about many times for the last couple of weeks is like, hey, retail will be back and institutions and investment firms gather stuff up on the low and they sell at the high.
27:24
[SPEAKER_00]: So kind of seeing this and continue to see this accumulation, I think, is a long-term
27:37
[SPEAKER_01]: Yeah, I mean, yeah, you know that we say we we talk about all the time.
27:40
[SPEAKER_01]: I mean, we're big fans of salon on what they're doing and these are some major firms out there with salon exposure and it does feel like, you know, retails left a little bit, but, you know, the institutions, the big banks, the smart money is continuing to add their add to their bag on the low, so I don't think they would be doing this if if they're worried that crypto's dead or any any of those.
28:02
[SPEAKER_01]: a clickbait headlines that we see on a daily.
28:05
[SPEAKER_01]: There's certainly some smart money piling into some of our favorite tokens.
28:11
[SPEAKER_00]: Yep, and a lot of smart people joining us today.
28:14
[SPEAKER_00]: Not a huge crew, but a very active crew.
28:17
[SPEAKER_00]: We've got Deborah Trinity Grant is here.
28:20
[SPEAKER_00]: Yolo, CJE, and Kevin Stanley in the chat.
28:24
[SPEAKER_00]: I haven't seen Kevin Stanley in a while.
28:26
[SPEAKER_00]: Kevin Stanley's asking about punch the monkey man punch.
28:29
[SPEAKER_00]: I hope he got.
28:30
[SPEAKER_00]: He was a big fan of the punch call.
28:32
[SPEAKER_00]: He really enjoyed that six X.
28:35
[SPEAKER_00]: So he's wondering if we have any more of our pockets and you never know you're going to have to tune in Friday.
28:39
[SPEAKER_00]: Kevin, this is a macro rundown.
28:41
[SPEAKER_00]: Friday is going to be our meme coin special.
28:45
[SPEAKER_00]: Not only are we going to have Brian, we're going to have Joe.
28:47
[SPEAKER_00]: We haven't had Joe on in a while.
28:49
[SPEAKER_00]: So that one will do.
28:50
[SPEAKER_00]: We'll start off with a little real regular rundown up top.
28:56
[SPEAKER_00]: So you're going to want to tune in for that.
28:58
[SPEAKER_00]: I'll get that landing page up on Thursday, but we're going to do that Friday after noon with everybody.
29:03
[SPEAKER_00]: Some really cool news.
29:05
[SPEAKER_00]: I, again, we were shocked that Cracken was the first national U.S. Crypto bank.
29:11
[SPEAKER_00]: There's more common, man.
29:12
[SPEAKER_00]: It's no ball.
29:13
[SPEAKER_00]: Fact here.
29:13
[SPEAKER_00]: Holy cow.
29:14
[SPEAKER_00]: Crypto.com.
29:17
[SPEAKER_00]: The crow.
29:17
[SPEAKER_00]: We just Brian and I made it.
29:19
[SPEAKER_00]: Ryan, I made a credit card recap videos.
29:22
[SPEAKER_00]: We took basically all the people that offer credit card rewards, our crypto credit card rewards.
29:28
[SPEAKER_00]: So as, you know, Gemini, Robinhood, Coinbase, and we threw in Crypto.com as well.
29:34
[SPEAKER_00]: So that video is gonna be going out this weekend if anybody's interested in credit card rewards.
29:39
[SPEAKER_00]: It's a big breakdown.
29:40
[SPEAKER_00]: I was like 30 minutes long.
29:41
[SPEAKER_00]: We really dove into it all.
29:42
[SPEAKER_00]: but uh... crypto dot com coming out on top with a national u.s. crypto bank approval i i think i love this headline this is amazing for crypto dot com it's amazing for the crypto industry but i feel like we both kind of bodybag the credit card during the story all i was always you got to do it and maybe it would be right for you though it's a great for us he could be with my one of the listeners my love crypto dot com
30:10
[SPEAKER_01]: That's true.
30:10
[SPEAKER_01]: That is very true.
30:11
[SPEAKER_01]: We didn't just, we didn't throw it under the bus.
30:14
[SPEAKER_01]: We just said, hey, it wasn't right for us, but it might be right for the right person.
30:17
[SPEAKER_01]: So you got to check that out.
30:19
[SPEAKER_01]: But this, this maybe would have changed our tone slightly.
30:22
[SPEAKER_01]: Who knew?
30:23
[SPEAKER_01]: Crypto.com had this up there sleeve.
30:25
[SPEAKER_00]: Well, I will say, I think we all kind.
30:28
[SPEAKER_00]: We were like, oh, you get the rewards in the crow token.
30:31
[SPEAKER_00]: We're like, oh, well, you know, and like now look, look at the crow token and official U.S. Crypto bank token.
30:38
[SPEAKER_01]: It feels good to see how the lot's stronger today than it did yesterday.
30:42
[SPEAKER_00]: I don't know what the price is.
30:44
[SPEAKER_00]: 6% back on Crote Oken seems a lot better today than we recorded that video.
30:49
[SPEAKER_00]: So the fun, a fun, super awesome video coming out on the channel later this week, tune in for that.
30:54
[SPEAKER_00]: But yeah, so script.com joins Crackin, but that's not where it ends because then I saw this.
31:01
[SPEAKER_00]: I got to pull up this link.
31:02
[SPEAKER_00]: I just saw this right when we went live is, uh,
31:05
[SPEAKER_00]: Yeah, this and how it's been how counter trend crackings getting it crypto.com's getting it.
31:11
[SPEAKER_00]: Well, Jamie crypto diamond Goldman Sachs and all these guys want to start suing.
31:16
[SPEAKER_00]: They want to block it.
31:17
[SPEAKER_00]: They don't want they don't want crypto bank license.
31:20
[SPEAKER_00]: That's not that's not fair.
31:22
[SPEAKER_00]: If you want to be a bank, be a bank.
31:23
[SPEAKER_00]: You know, it's the change is crying.
31:26
[SPEAKER_00]: He continues to cry in his own little spilled milk.
31:30
[SPEAKER_01]: That's it's exactly what he said what like a week ago Just a few days ago when it was because of these trips and companies want to be a bank But be a bank and now they're taking those steps in easy.
31:40
[SPEAKER_00]: He's all jammed up I say if you want to be a bank be a bank they become banks and he's now he's gonna soon It's like it's like your father.
31:49
[SPEAKER_01]: I've never said this by saw this happened to somebody once I was up
31:54
[SPEAKER_01]: bystander, but I remember seeing this individual in a gas station once was like, hey, blah, blah, you want to take this outside.
32:00
[SPEAKER_01]: It's like kind of the little threatening the guy looked right over to the guy and he goes, yeah, puts down this drink and starts walking outside and the other guy didn't want to have any peace of it.
32:09
[SPEAKER_01]: That's exactly what it is.
32:10
[SPEAKER_01]: He called his shot.
32:12
[SPEAKER_01]: Jamie Diamond asked if they wanted to take this outside and fight in the crypto companies
32:19
[SPEAKER_01]: They're holding the door for them, trying to get them out, trying to get them out to fight them.
32:23
[SPEAKER_01]: So again, pretty big news here, even though we're trading in this tight channel and we're bragging about up one to percent and feeling good.
32:34
[SPEAKER_01]: At the end of the day, this is just really big news happening in the crypto space, how it's integrating with banks, how things are really just starting to develop and it should make everyone feel very bullish even though it might not be directly changing the price as of today.
32:52
[SPEAKER_01]: This is what this is the rails we're building.
32:55
[SPEAKER_01]: This is the future that we're building in this
33:04
[SPEAKER_00]: yeah so one side of you know the old guard is doesn't want the change doesn't want the competition and you know it's trying to sue and stop and put up walls and barriers and then there's another side of the coin where you know there's some successful you know old guard quote unquote type of companies like the NASDAQ here that are partnering so crew part there uh NASDAQ partners with uh
33:27
[SPEAKER_00]: So there's people that are running with it and trying to partner and trying to be on the forefront of this and there's people that are trying to stop it.
33:40
[SPEAKER_00]: And again, we, I personally can't speak.
33:43
[SPEAKER_00]: I don't work inside of Goldman Sachs and JP Morgan.
33:46
[SPEAKER_00]: My guess would be they're less along the lines of not wanting to do this type of products.
33:52
[SPEAKER_00]: They're trying to build their own.
33:55
[SPEAKER_00]: around tokenization.
33:56
[SPEAKER_00]: Just remember that clip from Jamie Diamond.
33:58
[SPEAKER_00]: He was crying.
33:59
[SPEAKER_00]: He was it.
34:00
[SPEAKER_00]: You want to be a bank, be a bank, and they wiped his tears, and he was like, we love crypto.
34:06
[SPEAKER_00]: We love blockchain.
34:07
[SPEAKER_00]: We've been using blockchain forever.
34:09
[SPEAKER_00]: We're building.
34:10
[SPEAKER_00]: So it's like he cries and says he doesn't want to do it.
34:13
[SPEAKER_00]: It doesn't like this stuff going on.
34:15
[SPEAKER_00]: But we love crypto.
34:16
[SPEAKER_00]: We love blockchain.
34:17
[SPEAKER_00]: We're actually building products.
34:18
[SPEAKER_00]: So, you know,
34:20
[SPEAKER_00]: All is fair and loving a war and it's a dirty business out there, especially in the bank.
34:24
[SPEAKER_00]: So it feels even though you might see those headlines say, oh, they're scared of crypto.
34:30
[SPEAKER_00]: They don't want to adopt.
34:31
[SPEAKER_00]: I think it's actually they are adopting.
34:33
[SPEAKER_00]: They're building their own products.
34:35
[SPEAKER_00]: But they're a little behind the curve here, so it's kind of the strategy of, hey, are we going to partner?
34:39
[SPEAKER_00]: Is Nat like a Nasdaq partnering with Kraken, a Robin Hood partnering with Arbitrum, or, you know, are you just trying to build everything in house, but, you know, now you're looking around, you're a little behind the curve, and so you just start throwing lawsuits left and right to try to stop people.
34:54
[SPEAKER_00]: It's kind of, that's kind of my look at the field.
34:56
[SPEAKER_00]: If I was an offensive coordinator up in the booth instead of being necessarily on the field,
35:02
[SPEAKER_01]: Yeah, that's a great, that's a great call out.
35:04
[SPEAKER_01]: And with all these headlines here, Tvo, I'm going to throw a question back at you.
35:09
[SPEAKER_01]: Ooh, do you think this is, do you think this is neutral?
35:13
[SPEAKER_01]: Do you think this is net bullish for the Clarity Act in the market structure bill that you know starting to see more collaborations, more partnerships or is it just like, you know, these are so independent of each other.
35:28
[SPEAKER_01]: Because I mean, banks, they don't want to pay yield on hold.
35:32
[SPEAKER_01]: No, crypto companies want that.
35:34
[SPEAKER_01]: That's such a clear line here.
35:36
[SPEAKER_01]: But we're now, we've seen the White House and Trump kind of take aside with these crypto companies.
35:41
[SPEAKER_01]: But now we're certain to see even bigger headlines here.
35:44
[SPEAKER_00]: Well, you got to remember trying in the Trump family business as a whole is a crypto company now with world liberty Fine away, right?
35:52
[SPEAKER_00]: Not necessarily the sitting president, but his son, so Yeah, I think that I think I still stand we talked about this.
36:00
[SPEAKER_00]: I can't remember as a show where two shows ago It's I think it's gonna get passed, but it we just don't know it's gonna be in it and it's hard to
36:08
[SPEAKER_00]: say right at this moment if that's going to be you know bullish or not it's got to get past and we got to see the actual bones of this thing and that's with any you know thing that comes out of DC these these bills get past and they they kind of highlight one or two things but inside the bill is
36:24
[SPEAKER_00]: 100 line items you know and so it just it's definitely gotten held up.
36:30
[SPEAKER_00]: There's a lot of people a lot of lobbying the banks you know I'm sure are one of the biggest lobbyists in the you know in DC is a hole so they want some things the crypto firms want some things the administration seems to want some things
36:46
[SPEAKER_00]: So I don't I think this news overall is just it's what it's been the fundamentals have been strong the price action hasn't followed so again you got to do your research and part of the research is the crypto 101 podcast it's the YouTube it's the podcast and if you want more you got to dive inside the community to get the reports and you know work with the team and the VIP calls because that's how you kind of parse through the noise there's a lot of noise and you got to try and find the signal and I think that's what you know we try to do
37:16
[SPEAKER_00]: Um, and you just gotta continue on that path because the fundamentals are there.
37:20
[SPEAKER_00]: The fundamentals are there.
37:21
[SPEAKER_00]: So that makes me super bullish But I can't yeah, I'm not I can't pretend to know what's gonna be in that final version of the clarity act.
37:27
[SPEAKER_00]: And if anybody can That's on a podcast and as an NDC writing it is anything lying to you personally until we actually see it
37:36
[SPEAKER_01]: Yeah.
37:36
[SPEAKER_01]: No, that's a really good take.
37:39
[SPEAKER_01]: I think the point to be taken here is fundamentally things are stronger than ever.
37:44
[SPEAKER_01]: The price action is doing what it's doing, but we should be able to get out of it sooner rather than later.
37:49
[SPEAKER_01]: Does look like we've got, we've got somebody in the chat here from India.
37:53
[SPEAKER_01]: We're all over the world because that might be a first.
37:57
[SPEAKER_01]: I know because we get a lot of representation from the UK, there's a few other countries out there now.
38:03
[SPEAKER_01]: I'm always loving it when people from like other countries are across the world, or turn it, turn it into Brian and T-Ville for the market rundown.
38:11
[SPEAKER_01]: I mean, it's the only place to be, but I love to see it.
38:16
[SPEAKER_00]: I don't even want to try to mispronounce that name, but that's so amazing.
38:19
[SPEAKER_00]: We started facing LPG storage here in all the states in India.
38:24
[SPEAKER_00]: Love from India, hey boys, love that's awesome.
38:27
[SPEAKER_00]: I mean, we have UK, we've had New Zealand, we've had Australia, on the other side of the globe.
38:33
[SPEAKER_00]: I think we've had Hawaii, we've had Canada.
38:36
[SPEAKER_00]: um... unbelievable we need to create a map and start checking off people in the chat on the map and see if we can get them all india is a first uh... thank you so much for tuning in we really love it and if you're new here is one of the first time you stumbled upon give it a like it really helps and then on the bottom right uh... give a subscribe on the bottom right there uh... on our logo
38:58
[SPEAKER_00]: So you can come back and join us, but, uh, tell, please tell 10, 20, 50 friends in India, India, to tune in.
39:04
[SPEAKER_00]: We'd love to have more of everybody around the world join in on the crypto run.
39:08
[SPEAKER_00]: That's, that is really cool.
39:10
[SPEAKER_00]: Um, but moving on, we've got a lot more AI agent talk.
39:14
[SPEAKER_00]: This is something that you're really passionate about, um, and we covered last week, but, uh, Brian Armstrong from Coinbase, T and something up around it.
39:22
[SPEAKER_01]: Yeah, I mean, this is that you can actually scan to the bottom here to see the screen shot.
39:26
[SPEAKER_01]: You can see this tweets from a CZ and Prime Armstrong and so we talked about this a lot.
39:32
[SPEAKER_01]: We're going to probably talk about a lot more on Friday.
39:34
[SPEAKER_01]: So I don't want to take up too much of the show, but the integration of AI and crypto is here.
39:39
[SPEAKER_01]: These AI agents are becoming real economic actors in the space.
39:44
[SPEAKER_01]: So we got Brian Armstrong saying that AI agents could soon execute more transactions in humans.
39:49
[SPEAKER_01]: Crypto walls enable them to participate on this on-chain economy.
39:53
[SPEAKER_01]: I've been preaching that for long and long a long time now and then we have CZ chiming in talking about AI agents will make one million times more payments in humans and there's even something I think was on this show or maybe on one of our newsletters I was saying it to Joe.
40:11
[SPEAKER_01]: We were kind of saying a tongue-and-cheek but it did feel like crypto was made for robots and not human.
40:17
[SPEAKER_01]: Now, obviously, it's great for what we do and what we want with the blockchain utilization.
40:23
[SPEAKER_01]: But this integration of AI and crypto is happening faster than ever.
40:29
[SPEAKER_01]: And we're just seeing major partnerships out there.
40:31
[SPEAKER_01]: So in just the past couple of days, we saw Coinbase launch their adgenic wall.
40:35
[SPEAKER_01]: It's we saw Binance introducing AI agent skills.
40:39
[SPEAKER_01]: Okay, X is building agent wallit tools.
40:42
[SPEAKER_01]: Crypto.com introduced the agent key.
40:44
[SPEAKER_01]: and do is opening up an NCP server that allows agents to access on chain data to more than 100 blockchains.
40:52
[SPEAKER_01]: Heck, even open see the NFT platform made an adjustment where they want agents to come in and be able to evaluate trends with NFTs and pricing.
41:02
[SPEAKER_01]: So,
41:02
[SPEAKER_01]: The AI agent crypto world is here.
41:05
[SPEAKER_01]: We had a flash of this a year ago, and it was absolutely epic, but it kind of ran out of steam.
41:11
[SPEAKER_01]: But this really feels like this AI agent crypto 2.0 is here to stay.
41:16
[SPEAKER_01]: And it's getting a ton of hype, and it's something I'm really passionate about, like you said.
41:22
[SPEAKER_00]: Yes, so I pulled up the second chart.
41:24
[SPEAKER_00]: It was a quote tweet from our friends over at Milk Road, just around AI agents market size.
41:30
[SPEAKER_00]: And they kind of just strapped it out from 2025 to 2030 here.
41:36
[SPEAKER_00]: You know, something something to look.
41:39
[SPEAKER_00]: I mean, it's what everybody is predicting.
41:41
[SPEAKER_00]: It definitely seems like it is a same side of the boat type of prediction.
41:47
[SPEAKER_00]: So I don't think anybody really knows what it's going to look like.
41:50
[SPEAKER_00]: I don't think we claimed to know, but it's going at such a rapid pace right now.
41:55
[SPEAKER_00]: that you have to cover it and you have to learn about it and I think you you're really passionate about it and Joe and knowledgeable as well so you know I think it's something that we'll keep bringing up on this show and trying to educate and again we kind of said it we did a big segment on it what Friday and we're like if he's really interested in this let us know in the comments and we can try and cover it more or do a separate show around it once
42:24
[SPEAKER_00]: Let us know if you're super interested in that.
42:27
[SPEAKER_00]: But I saw this, Meta acquired malt book, and so what malt book was one of those first-ever social networks for AI agents, and they were all in there communicating with each other, right?
42:39
[SPEAKER_01]: Yeah, meta comes that yeah, it's exactly what it is and they even have a meme coin called Malt which was a past call I looked it up earlier today to let our community know I think it's right on February the fifth at a a few million dollar market cap It pumps all the way to about like eight to ten today So it was not finding it to advice but I was kind of just open with some people in community It's not finding it to advice but
43:03
[SPEAKER_01]: If I had any mode holdings personally, I'd probably take a little bit of chips off the table because this feels like a little bit of a sell the news type of event.
43:13
[SPEAKER_01]: I do think it's huge.
43:14
[SPEAKER_01]: I mean, we have met a one of the largest companies in the world acquiring mope book.
43:19
[SPEAKER_01]: So amazing to see that, you know, this isn't just.
43:22
[SPEAKER_01]: You know, a couple guys on the run-down or a couple people in the moment of money makers talking about AI agents and how it's changed in the world.
43:30
[SPEAKER_01]: This is good old Zuckerberg going out in acquiring notebook.
43:33
[SPEAKER_01]: And they also acquired their two devs in a man.
43:38
[SPEAKER_01]: What, uh, I don't have a top of my head, but they got some like a title set like Head of like super intelligence of meta.
43:46
[SPEAKER_01]: So I'm sure they're getting pretty nice paychecks, but they're obviously onto something.
43:51
[SPEAKER_00]: When did you give out malt to the community?
43:53
[SPEAKER_01]: February the fifth was that news letter.
43:57
[SPEAKER_01]: It's like a three million dollar market cap 4 million right on there.
44:01
[SPEAKER_00]: That's a true double and then I saw it kind of sink down what over And it just ripped back up.
44:07
[SPEAKER_00]: I could share it.
44:08
[SPEAKER_00]: Sorry.
44:08
[SPEAKER_00]: I'm looking at it.
44:09
[SPEAKER_00]: I'm not even sharing here's the here's the one week on it
44:12
[SPEAKER_01]: I mean, the thesis was always there.
44:16
[SPEAKER_01]: I didn't think it was going to be meta that was going to acquire them to push it to, you know, a two, three X, but they were, they were a strong founders, strong working products and was having a ton of AI agents visit the actual platform.
44:32
[SPEAKER_01]: And that's something that we break down when we go through something where we call the Cusp effect.
44:36
[SPEAKER_01]: that we're looking for a real team, with a real product, doing a real plan.
44:40
[SPEAKER_01]: Now the reason it went down, why did everyone's might ask is just because it's a hype cycle, and then everything else that was going on in the macro world.
44:48
[SPEAKER_01]: You know, we were seeing Bitcoin had major swings as well.
44:51
[SPEAKER_01]: So some of these small market caps were obvious, so you could get hit kind of hard.
44:55
[SPEAKER_01]: But these are getting picked up by major brands, major companies.
44:58
[SPEAKER_01]: We have meta,
44:59
[SPEAKER_01]: literally buying multiple not not not the not the meme token right the actual platform I don't make that clear that but the meme token pumps off of this actual acquisition So amazing stuff Yeah CJ in the comments where did uh, where did you call it Brian so it was about what you say three four million dollar market cap
45:22
[SPEAKER_01]: Yeah, it was a February the fifth, uh, yeah, I under 4 million market cap.
45:30
[SPEAKER_01]: So right around the double from when you gave it out.
45:33
[SPEAKER_00]: And then obviously, if you look at the one month chart, you had, you did have an opportunity to buy the dip, but if you put any chart, uh, you know, with crypto over that time, obviously there's more volatility in the low cap market.
45:45
[SPEAKER_00]: Trending down with everything else in an absolute ripper.
45:48
[SPEAKER_00]: So yeah, if that's something you like those low market caps high volatility high opportunity But also high risk if you're interested in learning kind of those calls and getting them in your inbox Check the link for momentum money makers in the description.
46:02
[SPEAKER_00]: That's Brian and Joe's group
46:03
[SPEAKER_00]: Let's do it.
46:04
[SPEAKER_00]: If there's any questions, we'll have some time.
46:06
[SPEAKER_00]: We have some time at the end of an active chat once again I think we always have the best active chat.
46:12
[SPEAKER_00]: I'm sure we will have hopefully a bigger crowd and even more active people on Friday But if anybody has any questions just in the chat now toss them in there.
46:19
[SPEAKER_00]: We'll get to them and we'll finish on a fun one didn't have this on the
46:23
[SPEAKER_00]: On the sheet, but let's pull a dough.
46:25
[SPEAKER_00]: That was a fun one.
46:26
[SPEAKER_00]: We'll go a little sampler for the momentum money makers run down on Friday where we'll do a deep dive into some mean coins.
46:33
[SPEAKER_00]: Let's get a little sampler.
46:35
[SPEAKER_00]: How about the one week performance on Doge, just a five, six percent?
46:39
[SPEAKER_01]: Well, well, when we cup and handle, it looks like there.
46:42
[SPEAKER_01]: Uh, doge, this thing is just, it's still a $14 billion market capital.
46:49
[SPEAKER_01]: What was it?
46:49
[SPEAKER_01]: It's all time high.
46:51
[SPEAKER_01]: It's all time high was.
46:54
[SPEAKER_01]: 46 billion.
46:56
[SPEAKER_01]: 46.
46:58
[SPEAKER_01]: 46.
47:01
[SPEAKER_01]: Mark again.
47:03
[SPEAKER_01]: I-I-I.
47:04
[SPEAKER_01]: Doge is like the OG meme coin, you know, and it's certainly when bitcoin rips doge coin rips because people just love doge coin with the meme coin the community behind it.
47:16
[SPEAKER_01]: It does actually have some utility behind it now.
47:20
[SPEAKER_01]: So there's some interesting mechanics there, but man, this soccer still trades in the billions of dollars of market cap.
47:27
[SPEAKER_01]: Uh, you know, and I wanted to.
47:29
[SPEAKER_01]: I don't want anybody to get hurt on it or anything along those lines.
47:33
[SPEAKER_01]: It's just just kind of shocking that it's still up into a 14, 15 billion dollar market cap.
47:39
[SPEAKER_01]: But it was all the way in that prime time meme.
47:42
[SPEAKER_01]: Then the prime time meme coin season, what just the past year, it did get up.
47:47
[SPEAKER_01]: It got up to about, yeah, $40, $50 billion mark a cap.
47:50
[SPEAKER_01]: So, you know, crazy.
47:53
[SPEAKER_00]: Unreal.
47:54
[SPEAKER_00]: Unreal just a legend, a legendary run for the Dogecoins that continues on.
47:59
[SPEAKER_00]: Deborah said, what time on Friday?
48:01
[SPEAKER_00]: We have it scheduled at 1 pm.
48:04
[SPEAKER_00]: I don't have the landing page up, but 1 pm Friday, if anybody around the world.
48:09
[SPEAKER_00]: wants to join us live anywhere around the world you're more than welcome one piano eastern standard time that is Whether you're from India, Australia, New Zealand anywhere around the world we'd love to have you did and I hope Deborah can make it there
48:23
[SPEAKER_00]: So that's going to be it for today.
48:24
[SPEAKER_00]: It was it was good.
48:25
[SPEAKER_00]: It was a good rundown.
48:26
[SPEAKER_00]: It was a little bit of a macro rundown.
48:28
[SPEAKER_00]: Uh, some some say it could be the oil rundown that thumbnail that you saw of Brian breaking down the oil there was another funnel and not as good as the Hopium one.
48:38
[SPEAKER_00]: Um, but yes, Deborah, that's going to be EST on Friday 1 p.m.
48:41
[SPEAKER_00]: But that's going to be all for us.
48:42
[SPEAKER_00]: Any final thoughts Brian before we head in to mid week and and look forward to Friday.
48:48
[SPEAKER_01]: No, looking forward to Friday.
48:50
[SPEAKER_01]: We'll talk more about some speculative worlds of mean coins in AI agents.
48:55
[SPEAKER_01]: And I'm sure we're going to have a plethora of macro to talk about then.
48:58
[SPEAKER_01]: Well, because it feels like every single day we wake up with something and there's going to be another world event that's affecting the market.
49:06
[SPEAKER_01]: But hopefully it affects Bitcoin in the rest of the crypto market.
49:11
[SPEAKER_01]: I don't know, upward move to the right.
49:13
[SPEAKER_01]: That's what I'm hoping for.
49:14
[SPEAKER_00]: Yeah, it seems every 24 hours.
49:17
[SPEAKER_00]: There's enough news to make an episode.
49:20
[SPEAKER_00]: So we'll see what comes on Friday.
49:21
[SPEAKER_00]: It'll be super fun.
49:22
[SPEAKER_00]: It'll be good Friday vibes.
49:24
[SPEAKER_00]: One PM Eastern on Friday.
49:26
[SPEAKER_00]: We'll see you on the next time.
49:27
[SPEAKER_00]: But until then, I hope you have a great rest of your day and the rest of your work week.
49:31
[SPEAKER_00]: We'll have some fun with you on Friday.
49:32
[SPEAKER_00]: But that's all for now.
49:33
[SPEAKER_00]: Bye, everybody.