Latest / The Paul Barron Crypto Show / Altcoins Reclaim $1 Trillion📈Crypto Market Update

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Altcoins Reclaim $1 Trillion📈Crypto Market Update · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Let's get started today. But I do want to thank
• 0:08
  Speaker 1: our sponsor and that is I Trust Capital. This is
• 0:10
  Speaker 1: a place where you can start your new twenty twenty
• 0:12
  Speaker 1: five season for building your own CRYPTOIRA. And this is
• 0:17
  Speaker 1: a great thing to do. If you have a you know,
• 0:19
  Speaker 1: a goal for twenty twenty five, maybe this is one
• 0:22
  Speaker 1: of them.
• 0:22
  Speaker 2: And I guess what.
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• 0:41
  Speaker 1: All right, let's go over to a couple of things
• 0:42
  Speaker 1: I want to hit on. Bitcoin price is regaining its
• 0:46
  Speaker 1: ground after a little bit of the tax harvesting sell offs,
• 0:49
  Speaker 1: and I think a lot of people were in a
• 0:51
  Speaker 1: position where they were taking a little bit of tax
• 0:53
  Speaker 1: positioning positions at the end of the year right there.
• 0:57
  Speaker 1: And then of course we did see bitcoins start to
• 0:59
  Speaker 1: add edge back up to around ninety six, so some
• 1:02
  Speaker 1: nice little moves overall. If you look at some of
• 1:04
  Speaker 1: the items they highl liked in the article, Many of
• 1:07
  Speaker 1: liquidated both bitcoin ETFs and the underlying asset to optimize
• 1:11
  Speaker 1: their tax reports.
• 1:12
  Speaker 2: These are pretty.
• 1:13
  Speaker 1: Simple and pretty common in the finance markets, so I
• 1:17
  Speaker 1: think a lot of people were expecting that nothing super
• 1:20
  Speaker 1: new on any of that. One other thing they did
• 1:23
  Speaker 1: talk about. One of the analysts, they did expect liquidity
• 1:26
  Speaker 1: in terms of a re entry that has started to happen,
• 1:28
  Speaker 1: because we've already seen the all coin market regain one trillion,
• 1:33
  Speaker 1: so we've already seen that move coming in. And these
• 1:36
  Speaker 1: analysts also expect the recent inauguration of President Trump is
• 1:40
  Speaker 1: likely to bring a lot more pro business and renewed optimism.
• 1:45
  Speaker 1: I'm kind of curious, guys, do you think this run
• 1:48
  Speaker 1: up to January twentieth, do we get a pre pump,
• 1:51
  Speaker 1: is my question? Or do you feel like the pump
• 1:55
  Speaker 1: that we're most likely to see in that euphoria stage
• 1:58
  Speaker 1: really start to happen after January twenty Drop some comments
• 2:01
  Speaker 1: down below. I'd love to kind of get your your
• 2:02
  Speaker 1: thoughts on where you think this going. Listen, we were
• 2:05
  Speaker 1: kind of lambasted at the end of last year by
• 2:08
  Speaker 1: the IRS and the RS, says Hey, we're gonna put
• 2:12
  Speaker 1: all these restrictions on crypto in a new way, and
• 2:14
  Speaker 1: they came out almost last minute. They have now retraced
• 2:18
  Speaker 1: that and come backed in and said we're going to
• 2:20
  Speaker 1: delay this implementing crypto cost basis reporting rules, which is
• 2:24
  Speaker 1: going to be based on a per wallet basis. So
• 2:26
  Speaker 1: anticipate that in either twenty six or seven. Again, I
• 2:29
  Speaker 1: don't know if that if we're going to get a
• 2:31
  Speaker 1: lot of that, because I anticipate we're going to see
• 2:33
  Speaker 1: a lot of pressure from this administration on the IRS.
• 2:35
  Speaker 2: If Tax Fairer has.
• 2:36
  Speaker 1: Not identified preferred accounting method first in first out five FO,
• 2:40
  Speaker 1: many people know that it'll be applied treating the earliest
• 2:43
  Speaker 1: acquired assets as sold first. So this is a mandate
• 2:47
  Speaker 1: that was set to go in effect just this week,
• 2:50
  Speaker 1: but now it's all been postponed.
• 2:52
  Speaker 2: So twenty twenty five, a bull year, will be a
• 2:56
  Speaker 2: little bit.
• 2:56
  Speaker 1: Easier on taxes, So that's good tax expert. Also, they
• 3:00
  Speaker 1: were talking about almost all centralized finance brokers were not
• 3:03
  Speaker 1: prepared for something like that, so they were going to
• 3:06
  Speaker 1: have to deal with a whole slew of development changes
• 3:09
  Speaker 1: and policy changes. In fact, most likely a lot of
• 3:12
  Speaker 1: customers starting to try to figure out what was going on,
• 3:15
  Speaker 1: so that of course all changed.
• 3:17
  Speaker 2: And right now this is the biggest one.
• 3:20
  Speaker 1: Right here, you'd be unintentionally selling the earliest purchase asset,
• 3:23
  Speaker 1: which tends to have the lowest cost bases, while unknowingly
• 3:27
  Speaker 1: maximizing your capital gains. These are some of the pitfalls
• 3:30
  Speaker 1: that were really being drawn out. I think that's why
• 3:32
  Speaker 1: they RS kind of said, Okay, we've clearly screwed this up.
• 3:35
  Speaker 2: We're not going to do it.
• 3:36
  Speaker 1: Let's ship over to another article, and this course is
• 3:38
  Speaker 1: bitcoin futures funding rate, suggesting a twenty twenty five start
• 3:42
  Speaker 1: with a little bit of cautious optimism. I'm kind of
• 3:46
  Speaker 1: in that same boat. There's a couple of points they
• 3:49
  Speaker 1: make no significant increase in the bitcoin perpetual futures funding rate. Also,
• 3:53
  Speaker 1: they think that the stability indicates that there is some
• 3:56
  Speaker 1: optimism and that traders are kind of just, you know,
• 3:59
  Speaker 1: exercise a little bit of caution ahead of some of
• 4:01
  Speaker 1: the big events. Part of it we're going to see
• 4:03
  Speaker 1: is inauguration. I think other things we'll see is the
• 4:06
  Speaker 1: continuation of the FED, how the scenario plays out with inflation,
• 4:11
  Speaker 1: especially in Q one, the jobs, numbers coming in, and
• 4:14
  Speaker 1: even other things that I think will play into this
• 4:16
  Speaker 1: is how DOZE is looked at. And when I say
• 4:19
  Speaker 1: DOZE and I mean dose coin, I mean the Department
• 4:21
  Speaker 1: of Government efficiency. What I'm talking about there is we
• 4:25
  Speaker 1: could see a new way how the market responds to
• 4:29
  Speaker 1: what Elon and Viveik might be doing under the dose,
• 4:33
  Speaker 1: whether it's good, bad, or even indifferent. If they don't
• 4:36
  Speaker 1: do anything, that could be another signal for market moves.
• 4:40
  Speaker 1: Coming in twenty twenty five will be the best crypto
• 4:43
  Speaker 1: year ever. This is coming in from Steno Research. A
• 4:45
  Speaker 1: couple of points they make there bitcoin EA spot prices
• 4:50
  Speaker 1: surpassing one hundred and fifty and eight thousand, respectively for
• 4:53
  Speaker 1: both bitcoin and eth.
• 4:54
  Speaker 2: Those are pretty significant. We have heard numbers.
• 4:58
  Speaker 1: Above even the two hundre one thousand marks, just because
• 5:01
  Speaker 1: what we've seen with mostly the Asian market, especially China,
• 5:04
  Speaker 1: with a lot of liquidity coming into the market on
• 5:06
  Speaker 1: digital assets most likely going to be the case. And
• 5:08
  Speaker 1: don't forget a lot of things happening in Japan as
• 5:11
  Speaker 1: well under SBI and what they're doing around the market
• 5:15
  Speaker 1: when it comes to XRP. So there's a lot of
• 5:17
  Speaker 1: global pressure here as well. Then if you look at
• 5:21
  Speaker 1: the ETFs, I mean, let's go, man, here we are
• 5:24
  Speaker 1: October that was when we started seeing the movement on ethereum,
• 5:28
  Speaker 1: and this could just be the beginning of where ethtfs
• 5:31
  Speaker 1: start to move. Ether is poised to perform especially well
• 5:35
  Speaker 1: in twenty twenty five, and most people think it's going
• 5:38
  Speaker 1: to outperform Bitcoin.
• 5:39
  Speaker 2: Me too.
• 5:40
  Speaker 1: I believe that will be the case for sure. Last
• 5:43
  Speaker 1: up is the administration. New administration, much more robust, I
• 5:47
  Speaker 1: think in terms of on chain activity, most likely Ethan Salona.
• 5:51
  Speaker 1: I think both will benefit significantly from all of this,
• 5:55
  Speaker 1: and I think these are the factors that we're going
• 5:57
  Speaker 1: to start to see bolster the all coin market up
• 6:01
  Speaker 1: to maybe a two trillion dollar market cap much faster
• 6:05
  Speaker 1: than many people think. If you look at the all
• 6:07
  Speaker 1: Coin Season Index, we have been retraced and reset back
• 6:11
  Speaker 1: into somewhat a middle of the road. I want you
• 6:15
  Speaker 1: to kind of compare if you look at pricing back
• 6:17
  Speaker 1: the time when it starts to get in those ranges.
• 6:20
  Speaker 2: Look at that right there.
• 6:21
  Speaker 1: So the opportunity here of seeing that kind of growth
• 6:24
  Speaker 1: again for all coin season is real, and we're already
• 6:27
  Speaker 1: setting at a one trillion dollar market cap, and if
• 6:30
  Speaker 1: you look at the total three this is a good
• 6:32
  Speaker 1: example right here, this was twenty twenty one.
• 6:34
  Speaker 2: This is the monthly chart. That's twenty twenty one.
• 6:37
  Speaker 1: Right there, we're already clipping above the one trillion dollar mark.
• 6:41
  Speaker 1: And I think this is just the beginning. So this
• 6:43
  Speaker 1: is what we are watching right now. A lot of
• 6:46
  Speaker 1: tokens absolutely performing crazy today, many of them. What was
• 6:52
  Speaker 1: the big one I think was it was it Prime
• 6:53
  Speaker 1: that I think was hitting like twenty.
• 6:55
  Speaker 2: Four Yeah, here we go.
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  Speaker 1: Oh even in cosh was over a twenty percent, but
• 6:58
  Speaker 1: almost everything, and there's Prime Prime also Prime at twenty
• 7:02
  Speaker 1: percent up today. A lot of tokens active, and of
• 7:05
  Speaker 1: course even render up almost seven percent on the day
• 7:08
  Speaker 1: right here, as it starts to recover on the monthly.
• 7:10
  Speaker 1: All of that very good signs for all coins in general.
• 7:14
  Speaker 1: Franklin Templeton's crypto predictions, let's.
• 7:17
  Speaker 2: Take a look at those.
• 7:18
  Speaker 1: This is their crypto predictions for twenty twenty five. A
• 7:21
  Speaker 1: couple that I want to highlight. One is the global
• 7:26
  Speaker 1: cryptop us. This is aligning legal and economic policies. Basically,
• 7:30
  Speaker 1: we're going to get companies and developers aligned. Finally, with
• 7:35
  Speaker 1: our regulation. That's a big deal intersection of traditional and
• 7:38
  Speaker 1: traditional finance and crypto. I think that starts to cross
• 7:41
  Speaker 1: over big deal there. If we get that, we will
• 7:44
  Speaker 1: see a pump in this market like nothing we've ever
• 7:47
  Speaker 1: seen before. Stable coins also expected to remain very pivotal.
• 7:50
  Speaker 1: I think this is going to be maybe the unsung
• 7:53
  Speaker 1: hero of twenty twenty five. So watch out for those
• 7:56
  Speaker 1: including usdc RL, USD. All of that going to be
• 8:00
  Speaker 1: taking place in twenty twenty five. Additional bitcoin strategic preserves
• 8:03
  Speaker 1: that can still happen around not only in the United States,
• 8:06
  Speaker 1: but many other nations and central banks that could be
• 8:08
  Speaker 1: going this direction. And then also you have to look
• 8:11
  Speaker 1: at deepen deepend decentralized physical infrastructure networks.
• 8:15
  Speaker 2: We've talked about this before.
• 8:16
  Speaker 1: I think we're going to see a lot of projects
• 8:18
  Speaker 1: coming at the market that are much more utility based
• 8:22
  Speaker 1: that people understand that we'll really start to hit off
• 8:25
  Speaker 1: in twenty five. Agents AI agents expect to be increased
• 8:30
  Speaker 1: quite a bit on utilization of the blockchain, and I
• 8:32
  Speaker 1: think this is just a matter of time before we
• 8:34
  Speaker 1: start to see this integration.
• 8:35
  Speaker 2: You know a lot of different.
• 8:36
  Speaker 1: Meme coins, all coins, gaming projects, so many different crypto
• 8:40
  Speaker 1: projects out there that will benefit from all of that.
• 8:43
  Speaker 1: If you look at virtuals, this is I think the
• 8:47
  Speaker 1: leading AI agent platform out there and it's just getting started.
• 8:52
  Speaker 1: Look at this over just the last one month. This
• 8:54
  Speaker 1: thing was trading and rind around what a buck fifty
• 8:57
  Speaker 1: on the beginning of December and it's waiting at four
• 9:00
  Speaker 1: point fifty right now. That is the current trading. And
• 9:04
  Speaker 1: if you go to the market caps, same kind of
• 9:06
  Speaker 1: scenari at one point seven billion holding it all clipped
• 9:09
  Speaker 1: over a five billion market cap right there. So again,
• 9:11
  Speaker 1: this is another market that I think is going to
• 9:13
  Speaker 1: be huge in twenty twenty five. So just keep a
• 9:16
  Speaker 1: close eye on what's happening with virtuals other things out there.
• 9:20
  Speaker 1: Of course, Mika is officially here. This is the thing
• 9:22
  Speaker 1: that's going to start, what's happening within the European markets,
• 9:27
  Speaker 1: and I think they are things that you have to
• 9:28
  Speaker 1: kind of consider. I'll show you something here and zoom
• 9:31
  Speaker 1: in on this, because the asset categories are the ones
• 9:34
  Speaker 1: that you're going to need to pay attention to. Utility tokens,
• 9:38
  Speaker 1: how that's going to be done, how the issue requirements
• 9:41
  Speaker 1: are going to be set up, asset reference tokens.
• 9:43
  Speaker 2: These are called arts. Now, these are also.
• 9:46
  Speaker 1: Requirements, and remember that traditional finance is looking for these
• 9:51
  Speaker 1: kind of regulatory alignments, and that's what Mika has been
• 9:54
  Speaker 1: able to do in the EU is basically give all
• 9:56
  Speaker 1: of the companies, all the developers, all the projects, basically
• 10:00
  Speaker 1: a roadmap, you know, to get going to where some
• 10:04
  Speaker 1: of this stuff can be utilized in Europe, which means
• 10:07
  Speaker 1: they'll be legal to get into some of these exchanges.
• 10:10
  Speaker 1: Other things that are happening out there is they we're
• 10:12
  Speaker 1: going to see some rewards on guess what stable coins
• 10:15
  Speaker 1: and r l USD is available now on uphold at
• 10:19
  Speaker 1: five percent and that's starting right like right now, you
• 10:22
  Speaker 1: can go in there, place an rl USD, hold stable
• 10:25
  Speaker 1: coins on XRP and get a five percent yield. So
• 10:30
  Speaker 1: crazy times for sure. If you look at the XRP chart,
• 10:34
  Speaker 1: this is the monthly or no, this is the weekly chart,
• 10:37
  Speaker 1: and you can kind of see the movement right here
• 10:39
  Speaker 1: that has started to come off over this last week.
• 10:42
  Speaker 1: XRP again never closing below that one ninety eight line,
• 10:48
  Speaker 1: which is where we were talking about not too long ago,
• 10:51
  Speaker 1: and this was the point that we felt would be
• 10:54
  Speaker 1: the tell as to whether or not XRP could hold.
• 10:58
  Speaker 1: This is gonna be a big one as well. We're
• 10:59
  Speaker 1: going to continue to watch XRP. Neg Garassi. He it's
• 11:02
  Speaker 1: on a couple of points here that some of which
• 11:05
  Speaker 1: I agree with, and I'll tell you the ones I do,
• 11:07
  Speaker 1: some of which I don't. One, of course, combined Spot
• 11:10
  Speaker 1: and bitcoin in ETFs. We'll get that launch its obvious
• 11:13
  Speaker 1: Spot e t E et F options trading a Spot
• 11:16
  Speaker 1: bitcoin in ether e t F in kind redemption.
• 11:19
  Speaker 2: I think that will happen.
• 11:21
  Speaker 1: I think also we'll get some eth staking that's going
• 11:23
  Speaker 1: to be huge for ethereum in general. And then a
• 11:26
  Speaker 1: Spot solana ETF will get approved. I think it's going
• 11:30
  Speaker 1: to be XRP that will be, and maybe even others.
• 11:33
  Speaker 1: But I think XRP might be the leader of the
• 11:36
  Speaker 1: Spot e t F that's coming in at least from
• 11:40
  Speaker 1: the next phase.
• 11:41
  Speaker 2: I don't know that we would call it an all coin,
• 11:42
  Speaker 2: but maybe you would.
• 11:44
  Speaker 1: Other things you got to look at is the bitcoin
• 11:46
  Speaker 1: ETF movement again right there, right after the first of
• 11:50
  Speaker 1: the year, what happens another major net inflow zoom in
• 11:53
  Speaker 1: on that. Look at that, that's crazy time when you
• 11:56
  Speaker 1: look at all the way through December and now here
• 11:59
  Speaker 1: we are in the first of January. It's surpassed all
• 12:02
  Speaker 1: of that just in that last bit. And the last
• 12:05
  Speaker 1: time we had these kind of inflows, I mean, remember
• 12:07
  Speaker 1: this was back in mid November we started really seeing
• 12:09
  Speaker 1: a lot of activity and bitcoin was cracking above one
• 12:12
  Speaker 1: hundred and five K. So big moves out there right
• 12:16
  Speaker 1: now on bitcoin ETFs. Also, the other thing you have
• 12:19
  Speaker 1: to consider is the history the cycle. Both on the
• 12:22
  Speaker 1: twenty twenty one cycle, the twenty seventeen cycle, this was
• 12:26
  Speaker 1: eth all underperforming and now it once in January hits bam.
• 12:31
  Speaker 1: That's where the performance really starts to take place. Just
• 12:33
  Speaker 1: to give an example of that, seventy eight percent and
• 12:36
  Speaker 1: twenty twenty one and that was in January right there,
• 12:39
  Speaker 1: February eight percent thirty four and forty four in April,
• 12:43
  Speaker 1: so a very very fast start in comparison to the
• 12:47
  Speaker 1: last two major bull cycles. So if you do believe
• 12:50
  Speaker 1: in you know these cycles, then these are the next
• 12:53
  Speaker 1: four months you want to be able to be tracking
• 12:56
  Speaker 1: all of this with us. If you're not subscribed to
• 12:58
  Speaker 1: the channel right now, make sure that it's a great
• 13:01
  Speaker 1: place to get just more content but also when we
• 13:03
  Speaker 1: go live, which we'll start doing more live stream for
• 13:06
  Speaker 1: you guys now because it is going to be getting
• 13:08
  Speaker 1: very heated up. This will give you notifications when you
• 13:11
  Speaker 1: hit that little bell and that way you'll catch that
• 13:15
  Speaker 1: other things out there is the long term holders is
• 13:19
  Speaker 1: starting to shift a little bit, and this is Bitcoin
• 13:23
  Speaker 1: versus ETH on long term holders.
• 13:25
  Speaker 2: Bitcoin is sliding down. Eth is starting to climb.
• 13:28
  Speaker 1: Up, and it looks as though we might have at
• 13:30
  Speaker 1: the end of December another clip up moving on the
• 13:34
  Speaker 1: ETH holders right there in that purple. So again, good
• 13:38
  Speaker 1: state for the future here for sure. Salana ETF approval
• 13:44
  Speaker 1: in twenty twenty five, This is now getting up around
• 13:46
  Speaker 1: eighty five percent chance. This is a no brainer, guys.
• 13:49
  Speaker 1: It's just one of the ones that will happen that
• 13:51
  Speaker 1: will accelerate Solana's price. Who knows where Solana will go
• 13:55
  Speaker 1: with an ETF. It may have a very fast run.
• 14:00
  Speaker 1: I'm curious if it happens in the first say, two quarters,
• 14:04
  Speaker 1: how will respond post May, because many people, I think
• 14:08
  Speaker 1: we'll be looking at May as an opportunity for a
• 14:11
  Speaker 1: high Many people might be looking at all coin season
• 14:15
  Speaker 1: that may not extend into the next cycle. Or it
• 14:18
  Speaker 1: could do an exact reframe of what happened in twenty
• 14:21
  Speaker 1: twenty one, where you had another all time high and
• 14:23
  Speaker 1: many of those all coins peaking toward the end of
• 14:26
  Speaker 1: the year in twenty twenty one. One other thing on
• 14:29
  Speaker 1: Solana is fired answer that needs to be taking place.
• 14:32
  Speaker 1: I think that is going to be a big deal.
• 14:34
  Speaker 1: Other things that you just have to be aware of
• 14:36
  Speaker 1: is the unlocks that are coming. And also the other
• 14:40
  Speaker 1: situation in place is a two billion dollars unlock in March.
• 14:44
  Speaker 1: But also Galaxy Digital and other investors got a lot
• 14:47
  Speaker 1: of soul as well, so that could they be looking
• 14:50
  Speaker 1: at an exit. Just remember, yes, we've had much worse times,
• 14:54
  Speaker 1: and I think everybody that's been in our channel for
• 14:56
  Speaker 1: very long, I've lived through a lot of those times,
• 14:58
  Speaker 1: all the way back to FDA Forger, all those kinds
• 15:01
  Speaker 1: of things that have happened to the crypto market. This one,
• 15:04
  Speaker 1: I don't think is going to.
• 15:05
  Speaker 2: Be as big, So we'll see how it plays out.
• 15:07
  Speaker 2: For sure.
• 15:09
  Speaker 1: Solana is starting to recover a little bit here on
• 15:12
  Speaker 1: the monthly at trading at two o seven right now,
• 15:16
  Speaker 1: up almost six percent on the daily. Where do you
• 15:19
  Speaker 1: think Solana will be by let's say May or June.
• 15:25
  Speaker 1: Where do you think it will land? Let me know
• 15:26
  Speaker 1: in the comments down below. I would love to get
• 15:28
  Speaker 1: you guys's input all right again. If you're not in
• 15:31
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• 15:44
  Speaker 1: We'll catch you next time right here on tech Path