Latest / The Paul Barron Crypto Show / Crypto vs Crisis📉Market Dips As Tensions Rise🔥

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Crypto vs Crisis📉Market Dips As Tensions Rise🔥 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Let's dive into the topic of crisis versus crypto today.
• 0:09
  Speaker 1: How does the market play out with all of what's
• 0:11
  Speaker 1: happening in the Middle East. I'll break it down. My
• 0:13
  Speaker 1: name is Paul Barrel. Welcome back in the tech path.
• 0:15
  Speaker 1: Let's get going. I do want to thank our sponsor Coinbase.
• 0:17
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• 0:20
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• 0:23
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• 0:25
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• 0:42
  Speaker 1: get into a lot of the news today, which, as
• 0:44
  Speaker 1: we all know, front and center is what's going on
• 0:47
  Speaker 1: with Israel and Iran. Trump now says he wants a
• 0:49
  Speaker 1: real end to the nuclear problem with the Iranians, and
• 0:53
  Speaker 1: of course Israel wants Kamini, which is essentially the leadership.
• 0:58
  Speaker 1: And you look at a few points within this, Trump
• 1:01
  Speaker 1: said his departure of the g seven summit, because he
• 1:03
  Speaker 1: kind of left says nothing to do. But he's working
• 1:05
  Speaker 1: on a deal with Israel and Iran. Maybe there's a
• 1:08
  Speaker 1: deal that is in the works. I hope something much
• 1:11
  Speaker 1: bigger than was expected. So he also is posturing. Remember
• 1:16
  Speaker 1: how Trump negotiates. He always puts out these bombastic statements
• 1:20
  Speaker 1: and these very lofty goals, and then he retraces back
• 1:25
  Speaker 1: down to a deal that's actually tolerable or more doable.
• 1:28
  Speaker 1: This is where I think he might be going with
• 1:31
  Speaker 1: the Iranian deal, if there is one brewing.
• 1:33
  Speaker 2: Now.
• 1:33
  Speaker 1: I want to go to this first clip because this
• 1:34
  Speaker 1: is him talking about that in terms of a ceasfire.
• 1:38
  Speaker 1: Take a look, well, specifically, is better than a ceasfire?
• 1:41
  Speaker 3: What are you're looking for here?
• 1:44
  Speaker 2: An a real end, not a ceasefire, And there's something
• 1:48
  Speaker 2: that will be a pumpetent or more giving up entirely.
• 1:53
  Speaker 2: The big question at this point, of course, guys, is
• 1:55
  Speaker 2: whether the US will join in with the Israeli's attacks
• 1:58
  Speaker 2: against Iran or whether they'll be continued to push for
• 2:00
  Speaker 2: a negotiated solution. The President posted on truth Social several
• 2:05
  Speaker 2: times about Iran overnight, but most recently saying that Iran
• 2:08
  Speaker 2: has not reached out for peace talks in any way,
• 2:11
  Speaker 2: and that if they want to negotiate, they know where
• 2:13
  Speaker 2: to find him. He also told reporters on that plane
• 2:16
  Speaker 2: that he was not quite in the mood to negotiate
• 2:19
  Speaker 2: with Iran. So all of that in play today. We
• 2:21
  Speaker 2: do expect the President to be weighing those options from
• 2:24
  Speaker 2: the situation room throughout the morning. A US official told
• 2:27
  Speaker 2: NBC News late last night that the President had asked
• 2:30
  Speaker 2: for his national security team to be ready and prepared
• 2:33
  Speaker 2: in the situation room when.
• 2:34
  Speaker 1: He got back. All right, So, as you can see,
• 2:36
  Speaker 1: there is a lot happening right now in d ced
• 2:39
  Speaker 1: Trump course on true social going right at it in
• 2:41
  Speaker 1: terms of an unconditional surrender. That's kind of the play,
• 2:45
  Speaker 1: and a lot of this is going to boil down
• 2:47
  Speaker 1: to how does the Middle East survive this in the
• 2:50
  Speaker 1: sense of economic but also in the element of reducing
• 2:54
  Speaker 1: the tensions right now, because I think that's the biggest
• 2:56
  Speaker 1: issue globally that we're facing. And when you think about
• 3:00
  Speaker 1: but leaving the G seven, because this is a very
• 3:02
  Speaker 1: important meeting that will set the course on a lot
• 3:05
  Speaker 1: of these trade deals, even though we know some of
• 3:06
  Speaker 1: them that are really kind of just a reprint of
• 3:09
  Speaker 1: what they've been talking about. But the point is is
• 3:12
  Speaker 1: that this is taking precedence, and I think that is
• 3:15
  Speaker 1: the thing you have to pay attention to in these markets.
• 3:18
  Speaker 1: Go to this clip right quick, because this one we'll
• 3:20
  Speaker 1: get into leaving the G seven early. Take a look
• 3:23
  Speaker 1: just looking.
• 3:24
  Speaker 4: Over the course of the day, there was a lot
• 3:25
  Speaker 4: of conversation about a path forward with Israel and Iran.
• 3:29
  Speaker 4: There was an effort by the leaders of the G
• 3:31
  Speaker 4: seven absent the US to kind of come to some
• 3:33
  Speaker 4: sort of unified agreement to tell those two countries to
• 3:36
  Speaker 4: de escalate, to stress the importance of doing that. President
• 3:39
  Speaker 4: Trump did not want to be part of that agreement
• 3:41
  Speaker 4: and had the opportunity to talk a bit about why
• 3:43
  Speaker 4: he thought that's the case. He began to push once
• 3:45
  Speaker 4: again for there being a diplomatic solution, said that iron
• 3:48
  Speaker 4: is effectively at the table because it has no other options.
• 3:51
  Speaker 4: It just raises a series of questions. Does that signal
• 3:54
  Speaker 4: that the US is bound to get more involved in
• 3:56
  Speaker 4: this conflict? And President Trump and his administration so far
• 3:59
  Speaker 4: have taken a back seat, so they didn't want to
• 4:01
  Speaker 4: get involved. Are things going to change or is he
• 4:04
  Speaker 4: going to have some sort of hand here in trying
• 4:05
  Speaker 4: to broker a temporary piece or a ceasefire in this crisis.
• 4:10
  Speaker 1: Hopefully that is the case. Is this takes precedence over
• 4:13
  Speaker 1: G seven and getting in alignment with what's going on
• 4:16
  Speaker 1: with the Iranians. Now you've got to look at where
• 4:19
  Speaker 1: the tariff situation is set up right now, because this
• 4:22
  Speaker 1: is important as well in terms of the economic side
• 4:24
  Speaker 1: of things. He did just tried or hopefully sign a
• 4:28
  Speaker 1: deal with the UK trade deal. This is after years
• 4:31
  Speaker 1: of trying to get it done. I don't know that
• 4:33
  Speaker 1: this is necessarily a big change from what we've seen
• 4:36
  Speaker 1: come out of the UK discussions in the past, but
• 4:38
  Speaker 1: he is going after beef, ethanol and aerospace, and maybe
• 4:43
  Speaker 1: we get some new entries into the markets that we
• 4:45
  Speaker 1: have not been expecting. That would be a good thing.
• 4:47
  Speaker 1: The other thing that comes from this is that we're
• 4:49
  Speaker 1: going to see a little bit of a domino effect.
• 4:52
  Speaker 1: This of course of the European Union saying that trade
• 4:54
  Speaker 1: talks with the US are now advancing, and remember the
• 4:57
  Speaker 1: US and the EU have been in odds with each
• 5:00
  Speaker 1: other for quite some time. This is I think a
• 5:03
  Speaker 1: bigger statement going forward and if we can get something
• 5:06
  Speaker 1: really hooked up with the EU, I think that would
• 5:08
  Speaker 1: again be very positive for the markets in general. And
• 5:11
  Speaker 1: then in Germany comes in saying that we're going to
• 5:13
  Speaker 1: have something by end of year. This is all very good,
• 5:16
  Speaker 1: especially coming out of Europe and also coming at a
• 5:19
  Speaker 1: time in which tensions in the Middle East are rising
• 5:23
  Speaker 1: and we need to solidify what's happening in the global
• 5:25
  Speaker 1: markets so that hopefully this administration can really focus in
• 5:30
  Speaker 1: on what's going on right now. And I want to
• 5:32
  Speaker 1: go in on a couple of things, because there are
• 5:35
  Speaker 1: some key issues that are spelling out within the markets,
• 5:40
  Speaker 1: and everybody knows Tomorrow's the FOMC. Wall Street analysts are
• 5:44
  Speaker 1: now saying, hey, next interest rate move could happen. There's
• 5:47
  Speaker 1: a few points that I want to get at. The
• 5:49
  Speaker 1: MACPI came in a little bit softer. That was a
• 5:51
  Speaker 1: good sign, and that's a very bullish sign. Central Bank
• 5:54
  Speaker 1: not only has a factor to implications of Trump's tariff policy,
• 5:58
  Speaker 1: but now they're dealing with this Middle East escalation. I
• 6:01
  Speaker 1: agree with that they've got a lot more on their mind.
• 6:04
  Speaker 1: And you've got to look at the jobs report that's
• 6:06
  Speaker 1: going to be coming out as well, now does Jerome
• 6:09
  Speaker 1: Palell get into more of an aggressive hold. That is
• 6:14
  Speaker 1: the question that we'll be answered tomorrow on the FOMC meeting.
• 6:17
  Speaker 1: Mainly this will come I think after the meeting itself,
• 6:20
  Speaker 1: and we'll get it into the press conference and it
• 6:22
  Speaker 1: will give us a little bit of an insight on
• 6:24
  Speaker 1: how this could turn out. In terms of rate cuts,
• 6:27
  Speaker 1: global central banks are cutting rates though, that is a
• 6:30
  Speaker 1: big deal. What we're seeing right now with world central
• 6:33
  Speaker 1: banks interest rate cuts fifteen times in May, fastest month
• 6:36
  Speaker 1: pace of the year. You look at this right here,
• 6:39
  Speaker 1: This is a chart of the central banks cut at
• 6:41
  Speaker 1: fastest pace in twenty five, twenty twenty five. You can
• 6:44
  Speaker 1: see the acceleration fifteen cuts. That's pretty big, you know,
• 6:48
  Speaker 1: when you look at what the rest of the world
• 6:50
  Speaker 1: is trying to do and not necessarily in a good
• 6:53
  Speaker 1: position I think in many cases to do it. One
• 6:56
  Speaker 1: thing to note on this chart is it goes back
• 6:59
  Speaker 1: to some of the key points in history de summer
• 7:02
  Speaker 1: of two thousand and eight. We understand the financial crisiss
• 7:05
  Speaker 1: came out of the savings alone debacle. A lot of
• 7:07
  Speaker 1: that led up through a run in two thousand and seven.
• 7:09
  Speaker 1: I know a lot of the triggers were there much
• 7:11
  Speaker 1: like what we're seeing even right now. And obviously we
• 7:13
  Speaker 1: know what happened in March of twenty twenty, and then
• 7:16
  Speaker 1: you look at September of last year, and then we rallied,
• 7:19
  Speaker 1: and then of course that was again a cut in
• 7:21
  Speaker 1: September of last year. And now could we get another
• 7:24
  Speaker 1: cut in the fall of this year and see a rally.
• 7:28
  Speaker 1: If we do, the rally could either spark something much longer,
• 7:32
  Speaker 1: or it could get you in a position where you
• 7:34
  Speaker 1: might want to take a look at where your market
• 7:37
  Speaker 1: position is long term, meaning do you start feathering out
• 7:41
  Speaker 1: of the market. That's a real question. I think a
• 7:43
  Speaker 1: lot of people are trying to time and it's very
• 7:45
  Speaker 1: difficult to do so, but it could be the thing
• 7:48
  Speaker 1: to watch for sure. Let me go over to this
• 7:50
  Speaker 1: Bloomberg clip clip because this is going to get into
• 7:53
  Speaker 1: something that I think is very important, and that is
• 7:55
  Speaker 1: US treasuries and most of that is being held and
• 7:58
  Speaker 1: really magnified. What's happening in Asia. Take a look.
• 8:02
  Speaker 5: It's seven point five trillion dollars worth of US investments
• 8:07
  Speaker 5: by Asian investors that has been building for the last
• 8:10
  Speaker 5: couple of decades. And so that is what is at stake.
• 8:15
  Speaker 5: What I have been reporting on, and my colleagues have
• 8:17
  Speaker 5: been reporting on, talking to life insurance, pension funds, head
• 8:21
  Speaker 5: of trading desks, is that there is a sense that
• 8:24
  Speaker 5: we are in pivotal moment in history where this Titanic
• 8:27
  Speaker 5: is finally turning. People are actively questioning should we have
• 8:32
  Speaker 5: that much?
• 8:32
  Speaker 1: Maybe it's not really about dedonarization. This story today, this week,
• 8:36
  Speaker 1: last week is really just about concerns around sustainability of
• 8:40
  Speaker 1: government debt.
• 8:40
  Speaker 5: It's not purely a US centric story. Although Trump's policies
• 8:45
  Speaker 5: on trade in particular and rewiring the US economy is
• 8:48
  Speaker 5: obviously exacerbating and augmenting the risks here. But definitely there
• 8:53
  Speaker 5: is a soul surging among rates traders. And you know
• 8:57
  Speaker 5: the term that we all know, bond vigilantes. Are they
• 9:00
  Speaker 5: actually gaining a power when all these dynamics are in play?
• 9:05
  Speaker 1: All right, So a couple of points with that is
• 9:08
  Speaker 1: what you're looking at coming out of Japan, but mostly Asia.
• 9:11
  Speaker 1: Seven and a half trillion. Yes, that's a big deal
• 9:14
  Speaker 1: because it can make up a compensation point around US treasuries. Now,
• 9:18
  Speaker 1: the likelihood is that you wouldn't see a total exit.
• 9:21
  Speaker 1: So let's assume at worst case, maybe a fifty percent
• 9:24
  Speaker 1: exit on the market. Now you have a lineup coming
• 9:27
  Speaker 1: in on stable coins, which of course use US treasuries
• 9:30
  Speaker 1: as a base. That all plays into what we're seeing
• 9:33
  Speaker 1: right here, and that is the US Senate who votes
• 9:36
  Speaker 1: today at four point thirty on the Genius Act. This
• 9:39
  Speaker 1: is a landmark stable coin bill. It will affect everything.
• 9:43
  Speaker 1: And I think when you look at one to one
• 9:44
  Speaker 1: cash t bow reserves as the core, this means that
• 9:48
  Speaker 1: we could see the US dollar opened up to the
• 9:51
  Speaker 1: world in a very easy way, meaning through crypto, through blockchain.
• 9:55
  Speaker 1: All of that could help soften the blow if Asia
• 9:59
  Speaker 1: does start to step away. And if you look at
• 10:01
  Speaker 1: the debt on what we're seeing right here as Wall
• 10:03
  Speaker 1: Street mav this is the US national debt continuing to climb.
• 10:07
  Speaker 1: And this is the thing that I think everybody is
• 10:09
  Speaker 1: concerned about. This is the dedollarization. This I think will
• 10:12
  Speaker 1: get into the concept of where stable coins could be going.
• 10:15
  Speaker 1: And that is the bullish side of what's going on
• 10:18
  Speaker 1: right now. Though yes, there's a conflict in the Middle East.
• 10:21
  Speaker 1: Yes we have some you know, real conditions around what
• 10:25
  Speaker 1: that may resolve to but long term, the potential is
• 10:29
  Speaker 1: real around digital assets, and I think what we're going
• 10:32
  Speaker 1: to see today coming out of the Genius Act with
• 10:34
  Speaker 1: a passage of the Stable Cooin Bill will start to
• 10:37
  Speaker 1: shift things big. Now here's a clip from CNBC on
• 10:40
  Speaker 1: stable coins and why it's so critical to the United States.
• 10:43
  Speaker 6: Take a look, probably helping trying that they would help
• 10:47
  Speaker 6: in trying the dollars premier status around the globe and
• 10:51
  Speaker 6: even help the bond market because it has to be
• 10:53
  Speaker 6: backed with dollar base or if it's a dollar based
• 10:56
  Speaker 6: a stable coin, it needs to be backed with bombs.
• 10:59
  Speaker 3: Now, I think you're seeing how powerful stable coins are.
• 11:02
  Speaker 3: To your point, the way to think about a stable
• 11:04
  Speaker 3: coin is it's somewhere between the way it's being proposed
• 11:07
  Speaker 3: right now a money market fund and a savings account
• 11:10
  Speaker 3: or checking account at a bank. But it's so much
• 11:12
  Speaker 3: more powerful.
• 11:13
  Speaker 1: Think about you.
• 11:14
  Speaker 3: Having to send a Venmo, a zell a PayPal to
• 11:17
  Speaker 3: a swim instructor for your children, or pay your friend
• 11:20
  Speaker 3: for some event. Today you have to use an intermediary
• 11:24
  Speaker 3: who holds that money and makes interest on it. I
• 11:26
  Speaker 3: see a world where eventually stable coins will be the
• 11:29
  Speaker 3: main transaction mechanism for all payments throwing through the global economy,
• 11:33
  Speaker 3: and I think that's a huge innovation what we're seeing today.
• 11:37
  Speaker 3: Hopefully the Genius Act will be voted on in Congress
• 11:39
  Speaker 3: and passed, and that will lay the foundation for more
• 11:44
  Speaker 3: regulated stable coins. Right now, stable coins is a two
• 11:47
  Speaker 3: hundred and fifty billion dollar industry. Tether and Circle have
• 11:51
  Speaker 3: about ninety percent of that. But I wouldn't be surprised
• 11:54
  Speaker 3: if over the next twelve months you see many more
• 11:56
  Speaker 3: players entering the space. Because of how critical this is
• 11:59
  Speaker 3: going to be to payments and financial infrastructure.
• 12:02
  Speaker 1: I think that we are going to see, and this
• 12:06
  Speaker 1: would be my prediction, we're going to see a faster
• 12:10
  Speaker 1: a faster move on stable coin accommodation. And I think
• 12:14
  Speaker 1: there's a couple of reasons. Obviously, what we're seeing on
• 12:16
  Speaker 1: the pressure on US treasuries, but I think we're also
• 12:19
  Speaker 1: seeing at the same time the issue of what may
• 12:22
  Speaker 1: be a true shift in global e commerce. What I
• 12:25
  Speaker 1: mean by that is the moves of Stripe, the moves
• 12:28
  Speaker 1: of PayPal, the moves of what we'll see on many companies,
• 12:31
  Speaker 1: including retailers like Shopify. I think it's also likely that
• 12:35
  Speaker 1: we'll see all the social platforms potentially moving in, if
• 12:38
  Speaker 1: not also shoring up stable coins within these platform that
• 12:42
  Speaker 1: will be backed by US treasuries. That is all very positive,
• 12:46
  Speaker 1: and going forward it's going to become I think a
• 12:48
  Speaker 1: bit of a race. So I agree that yes, we're
• 12:51
  Speaker 1: going to see a big run up. I don't know
• 12:52
  Speaker 1: that it's going to be a gradual one. I think
• 12:55
  Speaker 1: it might be an all at once thing. I mean,
• 12:57
  Speaker 1: we've seen this in tech before, Gobal social. A lot
• 13:02
  Speaker 1: of what we're seeing now in the at least the
• 13:04
  Speaker 1: markers of what's happening in crypto remind me a lot
• 13:08
  Speaker 1: of those times and in those eras the market exploded.
• 13:12
  Speaker 1: So a two trillion to a three trillion I think
• 13:15
  Speaker 1: actually might be an underscore. We could see in where
• 13:17
  Speaker 1: between four to ten trillion that would be unbelievable. Big
• 13:23
  Speaker 1: news happening right now around the ripple cases, and of
• 13:26
  Speaker 1: course the ripple and the SEC one appeals to pause.
• 13:29
  Speaker 1: This is a little bit of the breakthrough ruling that
• 13:31
  Speaker 1: will be coming. And I think this is a big
• 13:34
  Speaker 1: issue right now because XRP suppressed has been suppressed for
• 13:37
  Speaker 1: quite some time. Could we see Q three as the
• 13:40
  Speaker 1: final relief rally? Now one thing that is breaking right
• 13:42
  Speaker 1: now is that XRP and the SEC, I should say,
• 13:46
  Speaker 1: the SEC is now calling for public comments on the
• 13:49
  Speaker 1: XRP ETF maybe And remember that Solana just today also
• 13:54
  Speaker 1: got delayed with their ETF. So the potential here maybe
• 13:59
  Speaker 1: XRP is going to be the first one out at
• 14:01
  Speaker 1: the gate. Could be something brewing there. Make sure and
• 14:04
  Speaker 1: stay tuned right here. If you guys are not subscribed
• 14:06
  Speaker 1: to the channel, by the way, do that right now.
• 14:08
  Speaker 1: Take a moment, because we do get into a lot
• 14:10
  Speaker 1: of these details. We will have a big show tomorrow
• 14:13
  Speaker 1: on not only what's happening with the Genius Act, but
• 14:15
  Speaker 1: because I think we're gonna have a stable coin that's
• 14:16
  Speaker 1: legal in the United States tomorrow morning, and what's going
• 14:20
  Speaker 1: to be happening with FMC and obviously Chairpal. So make
• 14:23
  Speaker 1: sure and hit that bell because that way they give
• 14:25
  Speaker 1: you notifications when we go live. Seven point four trillion
• 14:28
  Speaker 1: now setting in money market funds. He kind of mentioned
• 14:30
  Speaker 1: that in that last clip. Is that that's a big deal.
• 14:32
  Speaker 1: It's all time high. But imagine seven point four trillion
• 14:36
  Speaker 1: now competing with stable coins that could maybe get better
• 14:42
  Speaker 1: or equivalent rewards. Because I know a lot of banks
• 14:45
  Speaker 1: right now, that and even neo banks that are paying
• 14:48
  Speaker 1: sub four percent. Most of the crypto as you guys know,
• 14:51
  Speaker 1: crypto platforms out there playing paying right now over four percent.
• 14:56
  Speaker 1: Likelihood is we're going to see those kind of deals
• 14:58
  Speaker 1: coming in on stable coins from a lot more places,
• 15:01
  Speaker 1: and that I think is going to start to drain
• 15:03
  Speaker 1: a little bit of the money market because hey, listen,
• 15:05
  Speaker 1: half a point when you get into these kind of
• 15:07
  Speaker 1: numbers some point four trillion, that is a lot of
• 15:10
  Speaker 1: earnings and that is good, I think for US treasuries
• 15:13
  Speaker 1: as a whole. Tech stocs also when you look at
• 15:16
  Speaker 1: him to money supply. This is something kind of interesting
• 15:19
  Speaker 1: because I was a young engineer back around that time
• 15:22
  Speaker 1: right there, and I remember the run up that we
• 15:25
  Speaker 1: had in the dot bomb era. Now what I mean
• 15:27
  Speaker 1: by that is there were so many new companies launching
• 15:30
  Speaker 1: just boom boom, boom. The market was absolutely sploding, and
• 15:34
  Speaker 1: then we saw seven and a half trillion dollar retlacement
• 15:37
  Speaker 1: and that was when we saw the explosion of what
• 15:41
  Speaker 1: was the dot bomb that went all the way into
• 15:43
  Speaker 1: two thousand and two before we really saw a movement. Actually,
• 15:46
  Speaker 1: it was around two thousand and three before we started
• 15:48
  Speaker 1: seeing a movement going up, and that of course led
• 15:50
  Speaker 1: us right into the financial crisis, which was right here.
• 15:53
  Speaker 1: That's two thousand and eight. This has been the run
• 15:56
  Speaker 1: up though, right here outside of let's just forget the
• 15:59
  Speaker 1: pandemic for a moment. But had that not been there,
• 16:01
  Speaker 1: that big really shift of wealth was a huge one. Now,
• 16:06
  Speaker 1: will we see another blow off top I think yes,
• 16:10
  Speaker 1: the opportunity is there. There's enough going on in the
• 16:12
  Speaker 1: crypto market that this could occur. But be very cautious
• 16:15
  Speaker 1: on this next move up because this may be the
• 16:18
  Speaker 1: one that sets us up either for a infinite up
• 16:22
  Speaker 1: or it could see the retracement of a major market move.
• 16:26
  Speaker 1: Other things you got to look at is the coinbase
• 16:28
  Speaker 1: is seeking now sec approval to offer blockchain based assets.
• 16:31
  Speaker 1: This I think will just continue to grow the market,
• 16:33
  Speaker 1: especially around token I securities, and it may shore up
• 16:37
  Speaker 1: as positions for coinbase because they have been lacking in
• 16:40
  Speaker 1: being able to grow their base outside of just you know,
• 16:44
  Speaker 1: token So the ability to maybe go in and actually
• 16:46
  Speaker 1: buy s and P five hundred over there is a
• 16:49
  Speaker 1: huge opportunity for where coinbase is going, and it will
• 16:51
  Speaker 1: be the thing that they have to have to compete
• 16:54
  Speaker 1: with the likes of Robinhood, who I think is coming
• 16:57
  Speaker 1: up very very fast. Eth. Of course, many people are
• 17:00
  Speaker 1: now pushing this narrative right here in that it's a
• 17:03
  Speaker 1: mispriced digital oil that could hit eighty grand. That's not
• 17:06
  Speaker 1: a misprint, guys, it was eighty grand. Now. I don't
• 17:08
  Speaker 1: know if you guys believe that ETH is an eighty
• 17:10
  Speaker 1: thousand dollars asset trading right now at around twenty four hundred.
• 17:14
  Speaker 1: You let me know, because that would be unbelievable if
• 17:17
  Speaker 1: we see a mispriced structure of what's happening in the
• 17:21
  Speaker 1: ETH ecosystem. Drop some comments down below. Always love to
• 17:24
  Speaker 1: get your feedback. Be on the lookout. Right now we're
• 17:27
  Speaker 1: looking at just the hourly here on bitcoin and guys,
• 17:30
  Speaker 1: this just does not look right, does it to you?
• 17:33
  Speaker 1: So are you holding through these kind of turmoil issues
• 17:37
  Speaker 1: or are you playing these and buying these dips. This
• 17:40
  Speaker 1: is a thing that I think a lot of people.
• 17:41
  Speaker 1: If you're watching our channel, hopefully you're buying dips and
• 17:45
  Speaker 1: getting into markets because remember a lot of times when
• 17:48
  Speaker 1: there's fear in the streets, that's when your opportunities are made.
• 17:51
  Speaker 1: If you're not part of the Diamond Circle. Get in
• 17:52
  Speaker 1: right now. It's a great place to get additional content,
• 17:54
  Speaker 1: and of course follow me on x at Paul Baron.
• 17:57
  Speaker 1: We'll catch you next time. Right here on techpath
• 18:02
  Speaker 5: To mouting different to to mot