Latest / The Paul Barron Crypto Show / XRP & Solana U.S. Strategic Reserve!?🚨
Transcript
- 0:05Speaker 1: His name is Paul Baron. Welcome back in a tech path.
- 0:08Speaker 1: I do want to think our sponsor today and that
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- 0:33Speaker 1: So check it out and get into crypto. I know
- 0:36Speaker 1: a lot of you guys are brand new and you're
- 0:37Speaker 1: thinking I'm getting into crypto. All the people that have
- 0:40Speaker 1: been asking me about it over the last week have
- 0:43Speaker 1: started to realize that this new administration moving in is
- 0:47Speaker 1: going to change things in the crypto market for sure.
- 0:50Speaker 1: In fact, if you look at what the New York Posts,
- 0:52Speaker 1: whether you like the New York Post or not, sometimes
- 0:55Speaker 1: they're a little bit sensational, but they're hitting on the
- 0:59Speaker 1: scenario that plays out into a kind of a goldilock
- 1:03Speaker 1: phase of what could be happening. Of course, that right
- 1:05Speaker 1: there is David Sachsis. Our new cryptos are. By the way,
- 1:08Speaker 1: they're having a ball in New York City. It's a
- 1:10Speaker 1: crypto ball happening this Friday, tomorrow night. So if you're
- 1:14Speaker 1: a brand new and you want to get out there
- 1:15Speaker 1: and pay about one hundred k because all the twenty
- 1:16Speaker 1: five hundred dollars tickets are sold out, you can get
- 1:19Speaker 1: into that a couple of points. So I want to
- 1:21Speaker 1: hit on within this article because this is where the
- 1:26Speaker 1: source was that a lot of people were referencing. So Friday,
- 1:29Speaker 1: He's gonna this is Sack's going to host the first
- 1:31Speaker 1: ever crypto ball celebrating Trump's inauguration. But the key here
- 1:35Speaker 1: is that we've got sponsors including Coinbase, Solana, MicroStrategy.
- 1:40Speaker 2: Crack Digital, Galax Digital.
- 1:43Speaker 1: The other thing they're hitting on is this whole idea
- 1:45Speaker 1: around America First Strategic Reserve. Now what that would mean
- 1:49Speaker 1: is it would prior toys, prioritize coins founded in the
- 1:53Speaker 1: United States. Now I don't know where they get Salona
- 1:55Speaker 1: in there, other than maybe you know, David is somehow
- 1:59Speaker 1: tied to that, but that's not a US coin to
- 2:01Speaker 1: my knowledge. Obviously USDC and Ripple are and maybe it's
- 2:07Speaker 1: just the scenario that they're going to have to put
- 2:09Speaker 1: on companies that are maybe based here in the United States,
- 2:12Speaker 1: someone like an Avalanche or people like that. The other
- 2:15Speaker 1: thing that they hit on in here, sources said it's
- 2:17Speaker 1: receptive to the idea. So that's again, these are sources
- 2:21Speaker 1: saying that they're receptive to the idea. I don't know
- 2:25Speaker 1: that this will happen until we see some real data
- 2:27Speaker 1: coming out of the Trump administration, but it's kind of interesting.
- 2:31Speaker 1: Insiders also spoke on the condition of anonymity, shared concerns
- 2:35Speaker 1: that it could legitimize efforts to promote Bitcoin, which is
- 2:38Speaker 1: the asset they want to prioritize.
- 2:40Speaker 2: Most likely that obviously.
- 2:41Speaker 1: Is coming from the bitcoin community and not the XRP community.
- 2:44Speaker 1: So we're going to get into a scenario where there's
- 2:47Speaker 1: a little bit of a fight. I think here in
- 2:48Speaker 1: the industry. There of course is em and he's talking
- 2:51Speaker 1: about this is the founder and CEO for an Avalanche.
- 2:54Speaker 1: I knew that being located in the New York would
- 2:56Speaker 1: be a good for something other than paying high tax
- 2:58Speaker 1: as well. You know, Avalanche, of course is located in
- 3:02Speaker 1: New York, so they could fall into this America First
- 3:04Speaker 1: Strategic Reserve.
- 3:05Speaker 2: There's a couple that also would look at that.
- 3:08Speaker 1: Now, Solana of course has an ETF brewing, and the
- 3:12Speaker 1: decision on the approval of the Salana ETF could be
- 3:15Speaker 1: made literally within the next few days. So very interesting
- 3:19Speaker 1: times ahead right here, guys. We could see an XRP
- 3:22Speaker 1: ETF and a Salana ETF all hitting at a very
- 3:25Speaker 1: unique time in crypto where we are starting to see
- 3:29Speaker 1: a true bull run start to appear. And of course
- 3:31Speaker 1: bitcoin trading in over one hundred thousand Salana ETF would
- 3:35Speaker 1: attract about two point seven to five point two billion
- 3:38Speaker 1: of inflows. This would be significant for this is coming
- 3:41Speaker 1: from JP Morgan. Also, there's no gray scale to be
- 3:44Speaker 1: dumped on. That's the other factor. We've shown this before.
- 3:46Speaker 1: There are some big benefits for this. There are some
- 3:49Speaker 1: unlocks coming, yes we know about those, but they will
- 3:52Speaker 1: be immediately and fully sold. I believe if an ETF
- 3:55Speaker 1: comes in I would agree with that statement, is that
- 3:58Speaker 1: we would see a lot of activity in terms of overall.
- 4:02Speaker 1: The other thing you got to look at is where
- 4:04Speaker 1: is XRP right now in their company value or the
- 4:07Speaker 1: XORP the token, and in its value, well, it is
- 4:09Speaker 1: now hitting above one ninety four.
- 4:12Speaker 2: And look who we have there.
- 4:13Speaker 1: We've got AMD, Walt Disney, General Electric, Abbott McDonald's coming
- 4:18Speaker 1: in at two hundred. We are literally a breaths away
- 4:21Speaker 1: from seeing XRP with a two hundred billion dollar market
- 4:24Speaker 1: cap that would surpass and start to move into the
- 4:27Speaker 1: line of Goldman Sachs. So this could get pretty crazy
- 4:32Speaker 1: as XRP continues to fly up the charts, and I
- 4:35Speaker 1: think a lot of this still flies with what's going
- 4:37Speaker 1: to happen with the SEC. Let's take a look at
- 4:40Speaker 1: coin market cap. I want to show you something real quick.
- 4:42Speaker 1: We'll take a look at XRP right here, and I
- 4:45Speaker 1: want to show a few things right here. If you
- 4:47Speaker 1: look at where they are and fully deluded, this is
- 4:50Speaker 1: the column that I'm kind of hovering over here right
- 4:52Speaker 1: here at three and thirty seven billion. If you look
- 4:54Speaker 1: at that in comparison to what's happening with Solana at
- 4:57Speaker 1: one twenty six, already f up the charts in terms
- 5:01Speaker 1: of overall and it's only about seventy billion away from
- 5:06Speaker 1: flipping ethereum. I'm fully diluted right there at four hundred billion,
- 5:09Speaker 1: So this could be the number two token waiting in
- 5:13Speaker 1: the wings to happen. A flipping of eth could be real,
- 5:16Speaker 1: and it could be happening very soon, So be on
- 5:19Speaker 1: the lookout for this. Now. The other thing that's going
- 5:21Speaker 1: to play into this, I think, and I would agree
- 5:23Speaker 1: with this statement, is that there's a lot of people
- 5:25Speaker 1: that are going to be vying for the presidential or
- 5:29Speaker 1: this administration's approval, and I think it's going to get
- 5:32Speaker 1: a little nasty in the industry. Yes, there's already infighting
- 5:36Speaker 1: that we've already seen within the cults of crypto. I
- 5:39Speaker 1: think it's going to get even more so, especially if
- 5:42Speaker 1: a strategic crypto reserve other than Bitcoin starts to get legs.
- 5:46Speaker 1: And I think that is a factor that will play out.
- 5:48Speaker 1: So we're going to watch what's happening in DC very closely.
- 5:52Speaker 1: Definitely happening right now. You've got Senator Lummas pleaeing with
- 5:56Speaker 1: the US Marshals not to sell about seventy thousand bitcoin.
- 5:59Speaker 1: There are some people worried about this, so maybe there
- 6:02Speaker 1: will retain it and be able to flip that directly.
- 6:04Speaker 1: Into the reserve, the bitcoin reserve, we'll see, but that
- 6:08Speaker 1: is a factor that is playing into bitcoin. The other
- 6:10Speaker 1: thing that is factoring into this is the number of
- 6:13Speaker 1: states that have already said we're going to push for
- 6:16Speaker 1: our own strategic bitcoin reserve bill. So here are the
- 6:19Speaker 1: states that have either it on the docket or ready
- 6:23Speaker 1: to go. Oklahoma just added to the list there at
- 6:25Speaker 1: the bottom, North Dakota, Ohio, Texas, Pennsylvania, Florida, Alabama, and
- 6:28Speaker 1: New Hampshire, all of which And I think as we
- 6:31Speaker 1: start to see the first one rollout with a real
- 6:35Speaker 1: strategic reserve, it's just going to be a domino effect
- 6:37Speaker 1: before we start seeing all states getting into this, and
- 6:40Speaker 1: that will only mean that we are going to see
- 6:44Speaker 1: normalization of crypto. And I think that's why I'm seeing
- 6:47Speaker 1: so many people coming to me now that have never
- 6:49Speaker 1: been invested in crypto before asking about it. Obviously because
- 6:53Speaker 1: of what's happening with the Trump administration. Feeling bad for
- 6:56Speaker 1: the INTERM that forced to write another pointless pdf against
- 6:59Speaker 1: XRP that no one will we'll ever read. There's gensz A,
- 7:01Speaker 1: of course, kind of fuming, and that was in reference
- 7:03Speaker 1: to the sec of filing their appeal to classify XRP
- 7:07Speaker 1: as a security, which of course is now most likely
- 7:10Speaker 1: all of this is going to be thrown out in
- 7:12Speaker 1: their appeal being thrown out, but only a few days.
- 7:15Speaker 1: What do we have another sixteen hours before Geenser is
- 7:18Speaker 1: out of a job, we'll see it. My prediction is
- 7:21Speaker 1: still that all crypto lawsuits will get dropped in the
- 7:23Speaker 1: first thirty days. SEC is a going to say this
- 7:25Speaker 1: is all crazy, no reason to continue on this. Let's
- 7:28Speaker 1: get into real business over here, and that could mean coinbase, unit, swap, iMX,
- 7:33Speaker 1: a variety of companies that have seen Well's notices come in.
- 7:36Speaker 1: All of that could be shifting very quickly. Now you
- 7:39Speaker 1: take that and then you look at the global stage, Well,
- 7:42Speaker 1: the WEF is happening right now. That's the World Economic
- 7:45Speaker 1: Forum that's going on between the January twentieth and twenty fourth,
- 7:47Speaker 1: So just coming on the corner, it's likely that we
- 7:50Speaker 1: will see even more crypto and blockchain companies represented over
- 7:54Speaker 1: at WEF, and that will only garner more awareness on
- 7:58Speaker 1: the global stage for a lot of the G twenty
- 8:00Speaker 1: countries and where blockchain is going, especially as you correlate
- 8:04Speaker 1: all of this to what's happening here in the United States. Remember,
- 8:07Speaker 1: the US is the critical path to success. And I
- 8:12Speaker 1: think now with what the Trump administration has been able
- 8:15Speaker 1: to do and what it looks like in terms of
- 8:17Speaker 1: the verifications of a lot of these cabinet members, we
- 8:21Speaker 1: will see a structure that we thought would never be
- 8:26Speaker 1: and I think now it's happening, and that is a
- 8:29Speaker 1: pro crypto and pro cabinet, pro crypto cabinet coming into
- 8:35Speaker 1: DC for sure. Now you have to look at what
- 8:38Speaker 1: else connects RP be doing. Well, here's AIXPT third largest
- 8:43Speaker 1: chain needs serious agent deployment. Made sense from the start
- 8:46Speaker 1: if you look at some of the things that have
- 8:47Speaker 1: been happening there. Here's a good example of some of
- 8:49Speaker 1: the potentials here that could be rolling in with XRP.
- 8:53Speaker 1: A lot of potentials around AI agents. Now you take that,
- 8:57Speaker 1: apply that to a strategic reserve, and you've got a
- 9:01Speaker 1: very interesting play with AI all tied in. Because remember
- 9:05Speaker 1: that the cryptos are David Sachs is not only just.
- 9:09Speaker 2: The cryptos are, He's also the AIS are.
- 9:11Speaker 1: So his involvement in AI initiatives along with crypto anything
- 9:16Speaker 1: that I think kind of compares up to matching up
- 9:19Speaker 1: with development, that's an opportunity and maybe XRP is going
- 9:22Speaker 1: to be tied into that for sure. AI Hackathon just
- 9:27Speaker 1: another example of the AI agent bull run that is
- 9:30Speaker 1: occurring right now. AI Hackthon that happened fifteen days, fourigner projects,
- 9:36Speaker 1: twenty one winners, A lot of it is going on.
- 9:39Speaker 1: We're going to be reporting on some of these, but
- 9:40Speaker 1: there was a ton of projects that came out in
- 9:43Speaker 1: if you're in our Diamond circle, we kind of talk
- 9:44Speaker 1: about some of the stuff. But yeah, you know, if
- 9:48Speaker 1: you guys are not following Solana's involvement, make sure and
- 9:51Speaker 1: stay tuned to the channel right here and subscribe. It's
- 9:54Speaker 1: one of the places that, of course you'll get stuff
- 9:56Speaker 1: like this all the time. And when you hit subscribe,
- 9:59Speaker 1: make sure and hit that little bit because it's going
- 10:00Speaker 1: to give you notifications of a livestream. Let's get into this.
- 10:04Speaker 1: Jupiter getting ready to drop for Jubuary beginning, and of
- 10:08Speaker 1: course we've already seen quite a bit of air drops
- 10:12Speaker 1: starting to show up in many users accounts, whether it's
- 10:15Speaker 1: show on the Phantom wallt or maybe using the Jupiter app.
- 10:17Speaker 1: But the point is is they are getting ready to
- 10:18Speaker 1: roll out one of the biggest air drops ever and
- 10:20Speaker 1: I think that again also seeds into what's happening in
- 10:24Speaker 1: the Salana ecosystem, So a big one. Other news out
- 10:27Speaker 1: there is coinbase now Bitcoin back base loans are coming
- 10:31Speaker 1: in now. This is a partnership with Morpho Labs, So
- 10:35Speaker 1: I don't know to what extent of it.
- 10:37Speaker 2: We just started getting some of the news on this.
- 10:39Speaker 1: But if this is real and we see it at scale,
- 10:42Speaker 1: I mean where it could really take on a lot
- 10:44Speaker 1: of loans. Being able to get and borrow USDC against
- 10:48Speaker 1: your bitcoin, especially if we have the strategic reserve lining
- 10:52Speaker 1: up around bitcoin and other assets, this would be a
- 10:55Speaker 1: very interesting thing. I wonder if Ripple would ever do
- 10:58Speaker 1: that with XRP. I'm sort of loan that you could
- 11:02Speaker 1: good out with a RLUSD. Why couldn't you jumping over
- 11:05Speaker 1: to coinbasis sites to get a little detail on this
- 11:07Speaker 1: USDC loan without selling your bitcoin. Maybe people are looking
- 11:11Speaker 1: at doing this so they can actually get exposure to XRP.
- 11:15Speaker 1: Can you imagine owning the number one and the two
- 11:17Speaker 1: token with the same amount of money, So that's pretty cool.
- 11:22Speaker 1: If you look at some of the things they focus
- 11:23Speaker 1: in on, you can barrow up to one hundred thousand
- 11:26Speaker 1: in USDC.
- 11:27Speaker 2: So there you go.
- 11:29Speaker 1: That's a pretty big significant Now, remember guys, and I
- 11:32Speaker 1: think if you're brand new to crypto, you probably don't
- 11:35Speaker 1: know or have heard the word Celsius. But that is
- 11:37Speaker 1: one that did things like this. That was a little
- 11:42Speaker 1: suss So just be very very cautious anytime you are
- 11:46Speaker 1: doing this.
- 11:46Speaker 2: Now.
- 11:47Speaker 1: I anticipate that we are going to see with a
- 11:50Speaker 1: stable coin regulation, we're going to see activity in banks
- 11:54Speaker 1: this year in crypto. Now, could we see loans on
- 11:59Speaker 1: something like bitcoin, especially if it's being held in a
- 12:01Speaker 1: street tategy reserve, Yeah, very possible. But I think we're
- 12:03Speaker 1: going to see a lot more banks in the game now.
- 12:06Speaker 1: When that happens, then it might be a little bit
- 12:08Speaker 1: more secure and a little bit more intriguing going forward. Okay,
- 12:12Speaker 1: So we had the hearing for Scott Bessett. This is
- 12:14Speaker 1: going to be the new Treasure Secretary, and it was
- 12:18Speaker 1: a very important hearing because it isolates his not only
- 12:22Speaker 1: he's training of thought, but where he's thinking to go
- 12:25Speaker 1: for the future.
- 12:26Speaker 2: I want to cut to this first clip. Take a look.
- 12:29Speaker 3: I believe that President Trump has a generational opportunity to
- 12:34Speaker 3: unleash a new economic golden age that will create more jobs, wealth,
- 12:40Speaker 3: and prosperity for all Americans. And critically, critically, we must
- 12:46Speaker 3: ensure that the US dollar remains the world's reserve currency.
- 12:51Speaker 2: All right.
- 12:51Speaker 1: So, as you saw, he's really kind of focused in
- 12:54Speaker 1: on where Trump is going to take this investment community
- 12:56Speaker 1: and how it could really affect a lot of Americans.
- 12:59Speaker 1: This next clip, it's into where we think he's talking
- 13:02Speaker 1: about crypto investors, especially investors that have kind of been
- 13:06Speaker 1: locked out of it for quite some time.
- 13:08Speaker 2: Let me go to that clip.
- 13:09Speaker 4: Crypto is about freedom. The crypto economy is here to stay.
- 13:14Speaker 4: Crypto is bringing in young people. It's bringing in the
- 13:18Speaker 4: people who haven't participated in markets. And having a market
- 13:23Speaker 4: culture in the US and people believing that markets work
- 13:27Speaker 4: for them is a centerpiece of capitalism.
- 13:31Speaker 2: All right.
- 13:31Speaker 1: So there you go again, him reiterating what we're talking
- 13:34Speaker 1: about here in the United States. The United States is
- 13:36Speaker 1: going to become a crypto hub. I'm just saying it
- 13:39Speaker 1: right now. We thought it was going to be big.
- 13:41Speaker 1: I think it's going to be bigger than that. And
- 13:44Speaker 1: the opportunities here are going to be absolute huge, all Right.
- 13:48Speaker 1: Just in Donald Trump's Secretary Treasurer. He also talks about
- 13:51Speaker 1: there's no reason that the government needs to create a
- 13:54Speaker 1: central bank digital currency. So this continues to put more
- 13:57Speaker 1: pressure on what we know as stable coins. And guess
- 14:01Speaker 1: who's in the midst of the stable coin business that
- 14:04Speaker 1: is r l USD and what Ripple is doing that
- 14:07Speaker 1: could again play into the future of where all of
- 14:10Speaker 1: this ecosystem starts to handle or remember this is America
- 14:13Speaker 1: First agenda that Trump has got in his mind. Look
- 14:17Speaker 1: at XRP very close to guys, because it could be
- 14:19Speaker 1: the one to watch. Trumps Secretary Pick Bessett also reveals
- 14:23Speaker 1: up to about five hundred thousand and bitcoins that he's
- 14:25Speaker 1: having to dilute that or get out of it. So
- 14:29Speaker 1: this will be a situation that it doesn't really apply
- 14:32Speaker 1: in the sense that would be a bad thing. But
- 14:34Speaker 1: this is just something that you know, the fact that
- 14:36Speaker 1: he's already thinking about digital assets and has been for
- 14:39Speaker 1: quite some time is a pretty big deal.
- 14:42Speaker 2: All right. I want to go to one analyst tweet
- 14:44Speaker 2: right here.
- 14:44Speaker 1: This is Chris Bernisky's been in the space for a
- 14:46Speaker 1: long time and he's talking about the cycles and one
- 14:49Speaker 1: of the things that he hits on is that he
- 14:52Speaker 1: believes these cycles could be entering a new kind of
- 14:55Speaker 1: this goldilocks period over the next many years. And what
- 14:57Speaker 1: he's talking about is the fact that we're going to
- 14:59Speaker 1: have a very support of administration coming in from Trump
- 15:02Speaker 1: most likely maybe even the next administration if we get
- 15:05Speaker 1: another Republican administration in there, or pro crypto Democrats may
- 15:09Speaker 1: also shift over to this very positively as they see
- 15:13Speaker 1: things play out. But what he's talking about here, I'm
- 15:16Speaker 1: not saying that they'll stop, but I'm saying it's possible
- 15:18Speaker 1: that they get less extreme. For the majors, these cycles,
- 15:20Speaker 1: meaning seeing an eighty percent ninety percent drawdowns, may not
- 15:24Speaker 1: be the capacity that we are going to see.
- 15:27Speaker 2: In the future. So if that is the case, where are.
- 15:29Speaker 1: You going to make your money? Well, you're going to
- 15:31Speaker 1: make it on a lot of these alternative assets out there,
- 15:33Speaker 1: whether it's what we're going to see in the AI
- 15:35Speaker 1: agent side, the memes, mid caps, a lot of that
- 15:38Speaker 1: in the crypto space, and I think will still be
- 15:41Speaker 1: the big factors, but there are going to be some
- 15:44Speaker 1: very good opportunities here, and I think XRP is one
- 15:46Speaker 1: of those that may end up going up and never
- 15:49Speaker 1: retracing back down.
- 15:50Speaker 2: So if you're not holding XRP, that's all I got
- 15:54Speaker 2: to say. Let's take a look at the chart real quick.
- 15:57Speaker 2: XRP flying up the chart. What is the us the
- 16:00Speaker 2: growth on that just in the last week. Where are we?
- 16:02Speaker 1: Oh my gosh, forty four percent over the last five days.
- 16:06Speaker 1: Pretty big moves here now hovering around three point thirty.
- 16:09Speaker 1: This continues to move, maybe we start to see the
- 16:11Speaker 1: all time high and a flipping of ethereum. So lot's
- 16:16Speaker 1: happening in the crypto world right now. Make sure and
- 16:18Speaker 1: stay tuned right here. If you're not part of the
- 16:20Speaker 1: Diamond Circle, make sure and get in on that. It's
- 16:22Speaker 1: our own private group that you guys can join.
- 16:25Speaker 2: It's very easy.
- 16:25Speaker 1: We leave a link down in the description below, and
- 16:27Speaker 1: of course check me out there on x It's just
- 16:30Speaker 1: at Paul Baron. We'll catch you next time right here
- 16:32Speaker 1: on tech Path