Latest / CRYPTO 101 / Crypto Rundown: Altcoin Season - What All Time Highs Are Coming Next?!
Transcript
- 0:08[SPEAKER_02]: Alright everybody, welcome back to the crypto rundown.
- 0:11[SPEAKER_02]: We're back on a Tuesday.
- 0:13[SPEAKER_02]: It is altcoin season.
- 0:15[SPEAKER_02]: The popcorn effect of altcoin season is here.
- 0:17[SPEAKER_02]: We've looking at altcoins on this show that are up to 300% in just a couple days and we're going to be doing it with Hunter.
- 0:24[SPEAKER_02]: So you know the technical analysis is coming along with some news that you're going to want to stay tuned.
- 0:30[SPEAKER_02]: So if you're somebody that's looking for,
- 0:31[SPEAKER_02]: in this crypto bull market the next phase of altcoin season which coins can be breaking out and how to spot them you're in the right place give this a thumbs up if you're new bottom right hit subscribe hunter welcome back to the show as we pull up the coin market cap here um we had a Bitcoin cool an awful little bit over the last seven days but that's you know that was expected after the big move i think you and Brendan kind of telegraph that
- 0:54[SPEAKER_02]: the last time you're on the show.
- 0:56[SPEAKER_02]: And then as we kind of scroll down here, starting to get into that popcorn season effect.
- 1:00[SPEAKER_02]: I think we're going to find Quant here.
- 1:01[SPEAKER_02]: You're going to bring that up on the chart.
- 1:02[SPEAKER_02]: We have some Quant news later in the show that kind of the seven day put that up 250 percent.
- 1:07[SPEAKER_02]: I think at one point it was even higher than that in 300's.
- 1:11[SPEAKER_02]: What a move there.
- 1:12[SPEAKER_02]: Pump fun getting some action.
- 1:14[SPEAKER_02]: I think there might be some more as we scroll down here.
- 1:16[SPEAKER_02]: But it's that type of environment.
- 1:19[SPEAKER_02]: where, you know, you're looking for news.
- 1:21[SPEAKER_02]: Things are moving fast on the news.
- 1:24[SPEAKER_02]: And we're still in a little bit of greed here.
- 1:27[SPEAKER_02]: We pulled the group fear greed index.
- 1:28[SPEAKER_02]: We never really gotten to extreme greed.
- 1:30[SPEAKER_02]: There wasn't that, there wasn't that move where it was the entire market took that, like higher Bitcoin met that resistance so that you showed us last time, kind of pulled back a little bit and then some of the all coins that have been leading the way as well.
- 1:44[SPEAKER_02]: cool it off, nothing too dramatic to the downside, but then there's that popcorn effect.
- 1:48[SPEAKER_02]: So what are you iron up with the fear of greed index, and then if you want, I can bring up the Bitcoin ETF flows as well for you as kind of, give us your 10,000 foot view before we dive into the charts.
- 1:58[SPEAKER_01]: Yeah, that's exactly right.
- 1:59[SPEAKER_01]: We did tap into extreme greed a few weeks ago and then we pull back and then now we're sitting at the low end of greed.
- 2:06[SPEAKER_01]: But pretty much just seeing that sentiment didn't get to overexuberant, which is also nice because when you do have that kind of overexuberance in sentiment and there's a lot of emotions flying high that does lead to a more of a liquidation type event that could happen on any type of flush.
- 2:23[SPEAKER_01]: But we had from,
- 2:25[SPEAKER_01]: On the other end, from the institutional side, from a more fundamental aspect, the ETF flows, really absorbing a lot of any downward pressure.
- 2:33[SPEAKER_01]: And the reason why I wanted to bring up the the ETO flows and the sentiment is that there's not really a set up for a shakeout to the downside is what I'm saying.
- 2:43[SPEAKER_01]: There's not really a long liquidation set up that's happening because last week was the highest inflow of ETFs, a spot-by-queen ETF set is.
- 2:54[SPEAKER_01]: Ever since the October 2025 liquidation event, so if you scroll down a bit on there and you're just looking to that middle quadrant where it says all that data and just go click on the weekly if you don't mind
- 3:06[SPEAKER_01]: up, yeah, right there.
- 3:07[SPEAKER_01]: Thank you.
- 3:08[SPEAKER_01]: Yeah, you'll see 2.39 billion in flows.
- 3:10[SPEAKER_01]: And why is this important?
- 3:12[SPEAKER_01]: Well, ETF flows kind of end of themselves are not as strong of a signal, but it's more of the anomalies or the divergences we look for.
- 3:20[SPEAKER_01]: So you have price pulling back after hitting a major or just in zone, but the most amount of money coming into the market.
- 3:27[SPEAKER_01]: So that says that there's a passive buyer,
- 3:31[SPEAKER_01]: There's a passive absorption happening in the market, which leads me to believe that a lot of this current price action is very healthy, very strong and is actually setting up for another move.
- 3:45[SPEAKER_01]: So really kind of then abide the dip mode and not in a panic mode.
- 3:49[SPEAKER_01]: So that's what I wanted to bring up regarding sentiment and the institutional effect with ETF flows.
- 3:55[SPEAKER_02]: Well, that's great data.
- 3:56[SPEAKER_02]: And again, I think we're seeing that sentiment across the, you know, whether it's research papers being published, we're going to talk about in a second, or just the, the accentimate, if you will, a lot of bullishness on the timeline as I'll stop sharing my screen.
- 4:09[SPEAKER_02]: If you could, T.S., up on it and bring us with some T.A.
- 4:12[SPEAKER_02]: As you mentioned before, we started to me at last day at the quarter here, so an exciting time to take a look at the charts.
- 4:19[SPEAKER_01]: Always my favorite part always my favorite thing to do is open up the charts to get in the end Like I always say price and volume all that matters the only present footprint We've got so it's the only thing that's gonna tell us which way we're going and which way we're not Everything else is you know is sometimes it'll be a bit
- 4:39[SPEAKER_01]: Noisy.
- 4:40[SPEAKER_01]: Nonetheless, I just want to start off with the three month chart or the quarterly chart because here we always want to look top down At least that's how I like to look at it.
- 4:49[SPEAKER_01]: You look out at however you want, but that's the way I look at it because everything begins from an investing mine all the way down to a trading mine And that's how we get the signals of how things go long term here because you can see that
- 5:01[SPEAKER_01]: We had our bear market, our three quarters in a row of downward price section, and actually this blue line is the 20-month or 20-period so that we 20 quarters moving average.
- 5:12[SPEAKER_01]: And that was actually another confluent factor at this low.
- 5:15[SPEAKER_01]: And we've talked about all the other factors over the last few weeks of why this was a very pivotal low.
- 5:21[SPEAKER_01]: Nonetheless, you can see that the quarter has the opportunity, which will be closing tomorrow.
- 5:26[SPEAKER_01]: You can see right here on the side.
- 5:27[SPEAKER_01]: It says one day eight hours, which means there's a day and eight hours.
- 5:31[SPEAKER_01]: So this candle closes and then we move into Thursday into a whole new quarter.
- 5:36[SPEAKER_01]: You know, looking at the quarter is always very important.
- 5:38[SPEAKER_01]: We have quarterly reports, a lot of wealth managers, asset managers, due reviews every quarter.
- 5:44[SPEAKER_01]: and you know investors themselves start to prepare for the next quarter right at the end and right at the beginning.
- 5:49[SPEAKER_01]: So you see kind of a stalling before the quarter ends and usually maybe either some selling or some buying.
- 5:57[SPEAKER_01]: So usually whatever happens at the beginning of the quarter.
- 5:59[SPEAKER_01]: If you want to go up you might see a pullback at the beginning.
- 6:03[SPEAKER_01]: If you want to go down you might see a move up.
- 6:05[SPEAKER_01]: So it's actually kind of nice to see a pullback happening around this time
- 6:11[SPEAKER_01]: And it's not in my eyes anything of a cause for concern, but you can see right here, you know, this is our previous quarter high.
- 6:19[SPEAKER_01]: And it'll be really interesting to see if we actually close above that high for the quarter.
- 6:23[SPEAKER_01]: Now, we already closed above that high on the bi-weekly candle last week, which was very important for me because this was actually the first time that we changed structure on a higher time frame candle.
- 6:35[SPEAKER_01]: with like, look at my list.
- 6:37[SPEAKER_01]: So lower low lower high, lower low, lower high and a lower low, but without just a sweep and then you finally got a closure above it.
- 6:45[SPEAKER_01]: So now you actually have a shift in market structure on the bi-weekly candle.
- 6:49[SPEAKER_01]: So early signals, early signals of strength that the market is for seeing a new shift in trend, which is exactly what I wanted to see.
- 6:59[SPEAKER_01]: So now this puts me in a much more
- 7:03[SPEAKER_01]: by the retracement, by the dip zones where I'm actually more interested to start putting more risk on.
- 7:08[SPEAKER_01]: And let's just look at some confluent factors, though, of where we would want us maybe see price or the bulls defend as once again, we talked about this last Tuesday that this level right here that had just rejected off of was a very important level.
- 7:22[SPEAKER_01]: It's the yearly open.
- 7:23[SPEAKER_01]: So if you're looking at a yearly candle,
- 7:27[SPEAKER_01]: You'll see that we're pretty much just kind of close to that open.
- 7:29[SPEAKER_01]: There's not a lot of variability at the candle body.
- 7:32[SPEAKER_01]: And right now that's just a very strong technical level for people to take profit or maybe bears to try to defend.
- 7:42[SPEAKER_01]: So if we were to get a little bit deeper of a pullback, where we'll be look at, well, one thing we can always look at is the prior quarter's volume profile, something that I always like to look at.
- 7:54[SPEAKER_01]: And you'll notice that this is the volume from all of last quarter.
- 7:59[SPEAKER_01]: So of course the quarter has an end-it yet, so this will update up until tomorrow.
- 8:03[SPEAKER_01]: But right now, you can see kind of the main areas that were focused on from the last quarter.
- 8:08[SPEAKER_01]: The big one's gonna be this,
- 8:12[SPEAKER_01]: Okay, send me a K. That's the value area high of this previous quarter so far.
- 8:18[SPEAKER_01]: So you can see what would be really important to hold this level.
- 8:21[SPEAKER_01]: One reason also is the 50 day moving average will be right there.
- 8:24[SPEAKER_01]: But you can see that volume really drops off below this this range.
- 8:28[SPEAKER_01]: So coming back in under this level can really move it fast to get down to 78 to 70 k maybe a retest there, but that's not the base case.
- 8:36[SPEAKER_01]: This is why the bulls are going to be looking to defend this level if we somehow kind of move a bit back below this 83 k high, then you've got a good higher low opportunity for the next.
- 8:48[SPEAKER_01]: Next move up and that's the exact scenario I'm looking for if it's not right here then a better be right there and I actually think that would be a very fruitful level for anybody that's looking to get to start putting risk back on.
- 9:02[SPEAKER_01]: or to get back into another Bitcoin trade.
- 9:04[SPEAKER_01]: It's going to be hopefully right here if not right here.
- 9:07[SPEAKER_01]: But there's some other confluence there.
- 9:10[SPEAKER_01]: Why is this another important level just beyond the volume profile?
- 9:15[SPEAKER_01]: Well, we also have, of course, the 50 week moving average.
- 9:19[SPEAKER_01]: Is this something we discussed last week?
- 9:22[SPEAKER_01]: But right now, that's trading at around 78K.
- 9:23[SPEAKER_01]: So,
- 9:26[SPEAKER_01]: It's no stranger to many that once you do break above the 50 week average and close above it when we now have two consecutive weeks of positive closures above it, which is nice that you can't get a retest of it and that's how healthy move.
- 9:39[SPEAKER_01]: And so getting a retest of that alongside the prior quarter or this this quarter's value area high would be a very healthy move and we would want to see that for the next leg.
- 9:50[SPEAKER_01]: Because for me once we get above the yearly open,
- 9:53[SPEAKER_01]: That really opens up the gates for a little checkpoint, maybe here around 92 to 93k.
- 9:58[SPEAKER_01]: But really looking for the first test to 100k, which is the zero.
- 10:04[SPEAKER_01]: It's not only is it a psychological whole number, but it is a...
- 10:11[SPEAKER_01]: 0.618 retracement or the golden ratio, which we talk about in Fibonacci all the time, which is a great deep retracement spot.
- 10:19[SPEAKER_01]: Essentially, it tells you that that's 61.8% of this lag is retracement, so that's the next major level we'll be looking for if we do bounce from here.
- 10:29[SPEAKER_01]: Now, of course, we like to show all scenarios and kind of provide a base case, and, you know,
- 10:40[SPEAKER_01]: This is the most likely case is a hole from 78k and we begin the next leg up and but you know if if anything were to go all the deeper than that I still think 70k would be a very interesting level as if we look at our prior range which begins will at the beginning of February.
- 11:00[SPEAKER_01]: We still do have support from this range back around the 200-day moving average, as well as this little shelf here.
- 11:08[SPEAKER_01]: So, not a worry at all, but there should be a very strong level around 78K.
- 11:13[SPEAKER_01]: And that's a big coin.
- 11:14[SPEAKER_01]: There's not much more to really look at.
- 11:16[SPEAKER_01]: From that aspect, we're just really trying to get back above the yearly open, and that really does open up for a bigger move.
- 11:22[SPEAKER_01]: Larger move, probably a pretty impulsive move, in my opinion, with the little hesitation in 92.93, and a moved 100K.
- 11:30[SPEAKER_01]: But that's Bitcoin and you know, there's also a lot of other things to trade out there.
- 11:34[SPEAKER_01]: We talk about all coins a lot and actually just one thing before I go to the sort of on dough and quantum some of the all coins we want to show is I just want to show kind of the whole awkward market in and of itself and why it's looking so bullish.
- 11:48[SPEAKER_01]: real quick.
- 11:49[SPEAKER_01]: This is the other's chart.
- 11:50[SPEAKER_01]: You know, we've looked at this quite a bit.
- 11:53[SPEAKER_01]: Brendan is looked at this.
- 11:55[SPEAKER_01]: I looked at this.
- 11:56[SPEAKER_01]: We bring this up quite a bit.
- 11:57[SPEAKER_01]: And I just want to show that we've broken out of course.
- 12:01[SPEAKER_01]: of this long-term trend line, and we do kind of foresee there could be a little bit of a pullback to kind of retest the top of this weekly candle.
- 12:10[SPEAKER_01]: So there was a bit of a pullback, you know, at the beginning of the quarter kind of coming back, I think that would be very reasonable, very logical, not a cause for concern and actually a very big bit, by an opportunity across the board as we are breaking out.
- 12:22[SPEAKER_01]: So I'm a lot of upside there.
- 12:24[SPEAKER_01]: So let's move on, let's look at Quattro quick, because this is something that's added in 100.
- 12:27[SPEAKER_02]: If I could, if I could chime in just before you move on to climb around around the altcoins, special presentation this week by by price around altcoins.
- 12:37[SPEAKER_02]: If you're somebody that's more of a trader and really into the markets, this is the time altcoin season.
- 12:43[SPEAKER_02]: We're bringing up the charts here.
- 12:45[SPEAKER_02]: showing you couple what's popping, but if you're looking for tools on how to find the best altcoins and really get into the markets on a trading level, price hasn't awesome presentation this week, he's worked really, really hard on it's going to be Thursday, it's live and I put a link in the description below for anybody that wants to attend that that's watching today.
- 13:04[SPEAKER_02]: Completely free on Thursday, Bryce showcasing his top tools and top ideas for all going season.
- 13:10[SPEAKER_02]: So go check that out and Hunter bring up those charts and continue on.
- 13:13[SPEAKER_02]: Just want to add that in as this is one of our longer episodes for what we need to promo.
- 13:21[SPEAKER_01]: Awesome.
- 13:22[SPEAKER_01]: Yes, definitely looking forward to that.
- 13:25[SPEAKER_01]: as always.
- 13:26[SPEAKER_01]: And yeah, so quant was doing some, you know, great analysis on this as we can actually brought up by you.
- 13:34[SPEAKER_01]: So I started looking into it and it is, I mean, the biggest winner out there in this week quite interesting.
- 13:41[SPEAKER_01]: I know that, you know, there's some fundamental news behind it, but.
- 13:46[SPEAKER_01]: looking at this on a quarterly basis, you know, there's not a lot of prices three on this one, but this is definitely breakout mode.
- 13:53[SPEAKER_01]: I foresee that this probably goes to all-time highs.
- 13:56[SPEAKER_01]: It's gotten, you know, it's pretty decent market cap.
- 13:59[SPEAKER_01]: I believe it's in the three billions now.
- 14:03[SPEAKER_01]: Let me look at it real quick here.
- 14:06[SPEAKER_01]: Just to confirm.
- 14:07[SPEAKER_02]: Got it at 2.9.6.
- 14:12[SPEAKER_01]: It is at 3.67 billion now.
- 14:15[SPEAKER_01]: Wow.
- 14:15[SPEAKER_01]: So yeah, I was this week and when he brought it to my attention, I was looking at it, it was around, I think 1.8 or so.
- 14:21[SPEAKER_01]: So quite a big move, you know, let's look at this.
- 14:24[SPEAKER_01]: This is obviously a high flyer.
- 14:25[SPEAKER_01]: It's hard to buy into the this momentum sometimes.
- 14:32[SPEAKER_01]: You know, usually it's hard to chase things like this, but on the last, it's hitting those targets we were talking about around that 350, 360, 360, 80 level.
- 14:43[SPEAKER_01]: So a little bit of hesitation at its prior higher, you know, halve time high where it listed from.
- 14:48[SPEAKER_01]: So I would expect maybe a little bit of reprieve here, allow it to, this is one of those things that's moving fast.
- 14:53[SPEAKER_01]: You have to look at the lower time frame.
- 14:56[SPEAKER_01]: So I'd be looking at a four hour chart and seeing it kind of connect with the 20 day moving average as an opportunity to continue getting in that momentum rather than buying the top here So maybe you get a little bit of a little bit of hesitation and then over the next day or so it pulls back to here and then you get your next move back up I see this you know as having the ability to reach all time
- 15:16[SPEAKER_01]: highs here, probably pretty shortly.
- 15:19[SPEAKER_01]: So, um, beyond that, if you were to come back maybe below like 150 160 and you expect maybe to retest where broke out around 100, but that's not the base case and that's far from it now.
- 15:31[SPEAKER_01]: So, uh, Q and T, friend of the show here now and fan favorite now.
- 15:36[SPEAKER_01]: So, um, let's move into on dough as well, though, as, oh, that ride right there.
- 15:43[SPEAKER_01]: Let's move into
- 15:46[SPEAKER_01]: All right, I'm out there.
- 15:47[SPEAKER_01]: Remember that?
- 15:48[SPEAKER_01]: So, Ando, yeah, here folks, you know, full disclosure have exposure to this one, but Ando, receiving some great fundamental news as well.
- 15:58[SPEAKER_01]: So, two big, fundamental kind of players right now in the market, Ando, and Quant.
- 16:04[SPEAKER_01]: And, where's we saw a big big, this was a, a roughly,
- 16:15[SPEAKER_01]: 50% moving on to right there over the last few days.
- 16:20[SPEAKER_01]: Beautiful breakout above this prior range high.
- 16:23[SPEAKER_01]: You see the little bit of the consolidation there and then boom now hit one of the major targets right there So expect a bit of a pullback as this was all those prior lows in on dough.
- 16:33[SPEAKER_01]: You can see all of these.
- 16:34[SPEAKER_01]: I haven't which I shaded out and we got right into the thick of that right at 60 cents and so there's a little bit of just like anything living news this much there's going to be always a little bit of a breathing apparatus or some sort of
- 16:49[SPEAKER_01]: reprieve effect and so I'd expect this maybe to pull back and retest all these prior highs.
- 16:56[SPEAKER_01]: So maybe a retest around 45 cents that gives another great opportunity to finally flip at 60% 60 cent level move retest and then next major target here on on does gonna be 75.
- 17:08[SPEAKER_01]: 76 cents and above that it'll be about 90 cents to a dollar.
- 17:13[SPEAKER_01]: The only way this kind of invalidates for me is we always want to have an invalidation to be prudent investors, prudent traders is if it were to come back really about the midpoint of this range, which
- 17:26[SPEAKER_01]: would be back below around 40 cents.
- 17:28[SPEAKER_01]: If we're to come back 40 cents expect a bit of a deeper retracement, but that's not the base case.
- 17:33[SPEAKER_01]: So for now, on to looking really strong, could just see a lot of health in the market and not a lot of flushing, but a lot of moves to the upside.
- 17:41[SPEAKER_01]: So there you go, on to good job.
- 17:44[SPEAKER_01]: All right.
- 17:45[SPEAKER_01]: Yeah.
- 17:45[SPEAKER_02]: Yeah, you know, guess, you know, credit to me.
- 17:49[SPEAKER_02]: Great.
- 17:49[SPEAKER_02]: Great call this weekend.
- 17:50[SPEAKER_02]: I texted the, uh, the aggressive.
- 17:53[SPEAKER_01]: Definitely good to you.
- 17:53[SPEAKER_01]: Yeah.
- 17:54[SPEAKER_02]: Yeah.
- 17:54[SPEAKER_02]: The aggressive group chat with my guys, Hunter and Brandon being like, Hey, I need some TA on this thing.
- 17:58[SPEAKER_02]: It's starting to take off shout out to friend of mine, Tampa Terrence, who, uh, who kind of put me on to the, to the quant, uh, he was in it before even the news broke.
- 18:08[SPEAKER_02]: Um, I think a little bit of luck there, but hey, you got to be in it to win it.
- 18:12[SPEAKER_02]: Um, and then, uh, so yeah, that news broke.
- 18:14[SPEAKER_02]: I just saw it all over the timeline and then the price started to follow.
- 18:17[SPEAKER_02]: And I guess I can bring up the news with broke.
- 18:19[SPEAKER_02]: It was, um, so quant was partnering, um, to do some clearing house on chain money initiative, bringing on chain capability to tokenized tokenized assets here.
- 18:30[SPEAKER_02]: So tokenization obviously, uh, a big, um, a big theme.
- 18:35[SPEAKER_02]: And so Quant is tokenized deposit clearing and settlement for US financial institutions, which ended up being, you know, some bigger banks, I mean city group was in on it and some other.
- 18:47[SPEAKER_02]: So I brings to the question, which I always like to bring to the team and kind of, when you're talking about tokens, it's like, okay, well, this is good news, but is it going to bring value to the token, I think a lot of
- 19:00[SPEAKER_02]: XRP army people have that question, you know, there's always a lot of partnerships and a lot of news, but is it going to bring value to the token?
- 19:07[SPEAKER_02]: So I think that's some research that that I got to go do, but was definitely buying the momentum and this news just broke like crazy and same thing with with Honda, which I'll share.
- 19:16[SPEAKER_02]: They were introducing intelligent portfolios.
- 19:20[SPEAKER_02]: The first three portfolios and it's a partnership with BlackRock.
- 19:23[SPEAKER_02]: Um, so again, anytime you're seeing Ando partnering with BlackRock and then at the same time I have this slide here BlackRock was publishing some crypto research papers this week showing the growing connection between AI and digital assets Explain the broad adoption of AI might drive new demand to these applications and possibly some some tokens.
- 19:44[SPEAKER_02]: So
- 19:44[SPEAKER_02]: It's one of those things where, you know, I'm kind of on the team obviously, the producer, but I'm always online, I'm always on crypto acts and trying to filter what news I'm seeing and trying to connect those dots and this was, it was an interesting week for me to, especially for onno, I know you said you had exposure, I know the team likes it, but it and quite was something that, honestly, the team hasn't talked about a long time, or to go, we're going back over four years with when Pete's in mind was still here.
- 20:10[SPEAKER_02]: He was somebody that put me on to it.
- 20:12[SPEAKER_02]: on said he liked the tech but wasn't sure where's going I mean that's literally two cycles ago uh... and when you zoom out on that chart you can show it's been kind of a dead project for years uh... but again it's that type of uh... we're getting into that type of season altcoin season popcorn season where you know if you can get the right narrative
- 20:30[SPEAKER_02]: If a fund of metals, the price action can be really surprising.
- 20:34[SPEAKER_02]: So all the more reason to go check out the link below, tune into that all coin alert webinar with price on Thursday.
- 20:40[SPEAKER_02]: It's completely free to sign up and then obviously bottom right, subscribe to the Crypto 101 podcast YouTube and audio version as well if you're listening to an audio because again, this is what we're doing.
- 20:51[SPEAKER_02]: We're delivering alpha.
- 20:52[SPEAKER_02]: as much as we can on the podcast, but if you want that touch point of every day with Brendan Hunter, Rohit, Bryce, the whole team, you know, check out the links below, get more involved as the bull market continues.
- 21:04[SPEAKER_02]: Let's see, I think actually this is great because I'm recording a podcast today and update.
- 21:12[SPEAKER_02]: So I've talked about this episode a lot.
- 21:13[SPEAKER_02]: It's a Christopher John Carlo former CFTC chairman who we talked to in July when Bryce and I went to the out east conference and this was the man that laid out the pathway former CFTC chairman that said he literally said
- 21:28[SPEAKER_02]: I don't want to say exactly what I'm paraphrasing here, but it's like you literally stood there for the first time as the first person I've heard of you Yeah, it doesn't the clarity act.
- 21:35[SPEAKER_02]: We'd like it to pass, but it really doesn't matter because no matter what the SEC chairman and the CFTC chair are ready to lay out the guard rails and try to get some regulation in place if clarity act passes or doesn't pass
- 21:49[SPEAKER_02]: if it doesn't pass they're ready.
- 21:51[SPEAKER_02]: And he was the first one that laid out that thesis at this conference and it's completely true.
- 21:56[SPEAKER_02]: And that was one of my favorite episodes we produced this year because we've seen that come true.
- 22:00[SPEAKER_02]: So right here I have the CFT we played a clip.
- 22:02[SPEAKER_02]: I think last week or two weeks ago the SEC chairman Paul Atkins talking about that.
- 22:07[SPEAKER_02]: And now we have the CFTC chairman as well.
- 22:09[SPEAKER_02]: So let's take a listen here as this thesis comes to fruition.
- 22:13[SPEAKER_00]: and the agencies have a ton of existing statutory authority when we got together two years ago now as part of the president's working group on digital asset markets.
- 22:23[SPEAKER_00]: We looked at statutory authorities as well as legislative authorities.
- 22:26[SPEAKER_00]: And if you look at the report, we have a whole section in there talking about using our existing authorities.
- 22:31[SPEAKER_00]: And president was prepared for it.
- 22:32[SPEAKER_00]: We're prepared for it.
- 22:33[SPEAKER_00]: And so it's go time.
- 22:34[SPEAKER_00]: We're going to continue to ship rules to make sure they're ready to go for the new frontier finance.
- 22:38[SPEAKER_02]: Well, we're talking to you.
- 22:40[SPEAKER_02]: Yeah, the rules are ready.
- 22:42[SPEAKER_02]: The rate is ship it out.
- 22:43[SPEAKER_02]: Um, again, as as projected predicted here on the crypto one on a podcast later today with price and Brendan, um, I am recording a follow up episode with Chris for John Carlo for Mark CFTC chairman.
- 22:54[SPEAKER_02]: So again, more alpha from the crypto one on podcast.
- 22:57[SPEAKER_02]: It'll be interesting, a victory lap for Chris for John Carlo, and then we'll see what the projection will be as we head into the end of the year.
- 23:05[SPEAKER_02]: Nice tweet from Ryan, Rasmussen, somebody we got to get back on the show soon or rather than later again, but this is a little more than a week now, but this is from last week.
- 23:14[SPEAKER_02]: We're one week from the Clarity Act failing, SEC publishes innovation exempt in CFTC chips, crypto rules for the White House, CFTC updates, FAQ on crypto activities.
- 23:25[SPEAKER_02]: You know, I think we talked about it after these interviews of, you know, say, okay, we're feeling positive of the projection forward with or without clarity.
- 23:33[SPEAKER_02]: And then we kind of got teased again, right in the fall, like, oh, we're going to get a vote, go.
- 23:39[SPEAKER_02]: And this might go through.
- 23:40[SPEAKER_02]: And it was fun to cover, but I feel like as a team we weren't, you know, we kind of moved past it, and the market, you know, it likes to plan a motion, so sure there's some volatility around it, but the market has clearly moved past it as well with some momentum.
- 23:54[SPEAKER_02]: So Hunter, your thoughts on kind of that whole, you know, projection of where the markets going, where the rules are going and how the price action is is just moving, moving past it.
- 24:06[SPEAKER_01]: Yeah, it seems like they just really wanted to shift what type of regulation into tea would take kind of the helm for this next crypto movement.
- 24:14[SPEAKER_01]: And the SEC innovation encryption now, you know, of course.
- 24:18[SPEAKER_01]: full transparency.
- 24:19[SPEAKER_01]: It's not really like it's it's just a pilot.
- 24:21[SPEAKER_01]: It's not a lot of volume that's sort of behind it, but it is it's very important, especially from the defy sector and allowing these buyback and burns to happen, which has been really the biggest thing for a lot of these all coins and how they've really been switching their feed structures so they're
- 24:38[SPEAKER_01]: they're allowed to buy back and burn and they're not classified as security, that's a really important innovation that we have.
- 24:44[SPEAKER_01]: And so just in the fact that we absorbed everything that happened during that Clarity Act, just like what we said, we were showing the ETF flows.
- 24:52[SPEAKER_01]: Sentiment went out, we broke out.
- 24:55[SPEAKER_01]: The market was hawkish on rates and the Clarity Act fell through, and then not only 24 hours later, we got the SEC coming out with the innovation exemption.
- 25:07[SPEAKER_01]: Um, care for the choreographed in a way, uh, because you know, we are entering that lame duck season when it comes to legislation and it seems like, you know, clarity, rhetoric and all that's the clarity rhetoric will be gone until maybe early next January and, um, you know, maybe it wasn't actually that beneficial for the clarity act to pass in and of itself because, um, if you read the nitty gritty of it, I mean,
- 25:29[SPEAKER_01]: A lot of it is trying to help banks out, deal with stablecoin yields, some ethics stuff.
- 25:36[SPEAKER_01]: I mean, things that it seemed like the market structure behind it was already in place.
- 25:43[SPEAKER_01]: Yeah, for me, I think any more guidance when it comes to regulatory is beneficial for us, I do.
- 25:52[SPEAKER_02]: Yeah, and then as you can see here just as I blow up this graphic just performance specifically from altcoins have have begun, which is super fun to be in a bull market and see this type of action.
- 26:07[SPEAKER_02]: And again, we think as a team, we think it continues so all the more reason.
- 26:11[SPEAKER_02]: to get more involved, stay educated, and when we're laying out rules of the road, I think this is where everything is heading, and it's going to be the first implementation of blockchain technology here.
- 26:21[SPEAKER_02]: So blockchain.com, saying they're partnering with the New York Stock Exchange to bring 24-7 access to tokenized U.S. equities and ETFs to users around the world.
- 26:32[SPEAKER_02]: This is what they're going for, Hunter.
- 26:34[SPEAKER_02]: So I was interested in kind of your take, you know,
- 26:38[SPEAKER_02]: If they can get the rules of the road of these tokenized assets, obviously Robin Hood has been on the forefront of pushing this stuff live, getting the pushpack from the MCCO, that was a fun one to cover, but once this goes live, it just feels like it's something that's partnering with blockchain technology.
- 26:54[SPEAKER_02]: So again, you're getting that integration.
- 26:56[SPEAKER_02]: And this was kind of the part of having the SEC and the CFTC lay these rules because once this goes live and gets integrated and gets greenlit,
- 27:05[SPEAKER_02]: You know, two years from now, three years from now, if a new administration comes in, it's going to be very hard to unwind.
- 27:10[SPEAKER_02]: And so it's very important to set these rules of the road now.
- 27:13[SPEAKER_02]: And especially if there's assets and tokenized assets that start getting kind of implemented into the actual system of, you know, whether it's the stock market or crypto market, it feels like it's going to be almost impossible for this to get unwound if this actually goes live and starts trading.
- 27:35[SPEAKER_01]: Yeah, I think it definitely will the infrastructure, I believe, technology's already been there in a trade 24, seven.
- 27:42[SPEAKER_01]: It's always been an issue with the settlement.
- 27:44[SPEAKER_01]: And over the last 10, 20 years in finance, whether you're going out to buy from your broker or your buying.
- 27:52[SPEAKER_01]: on the phone or through, you know, the internet on, you know, electronically, it's always been okay.
- 27:58[SPEAKER_01]: T plus three, T plus two, T plus one, what does that mean?
- 28:00[SPEAKER_01]: It's like you takes three days of settle, two days of settle, one day of settle.
- 28:04[SPEAKER_01]: And that's always been sort of the problem.
- 28:06[SPEAKER_01]: And so then they implemented margin accounts, so that, okay, we'll give you the money kind of upfront, but it's not really settled through the banking yet.
- 28:13[SPEAKER_01]: And so I think that's been a lot of the issue because of the banks being asleep on the weekends, essentially.
- 28:20[SPEAKER_01]: But the thing is, is this should, in my opinion, make markets more efficient, because if you wake up in the middle of the night and you decide you need to go get some water, because you're thirsty, you should be able to go get some water, not wait till Monday, and so that keeps a lot of flowing, moving efficiently, and that's how the market should always be.
- 28:38[SPEAKER_01]: I believe, I think some proponents out there might see that as you take in a way some arbitrage opportunities, we know what's going to be released on Monday, we want to,
- 28:48[SPEAKER_01]: capitalized off that.
- 28:50[SPEAKER_01]: And so this really does, I think, help the common layman for their, you know, the retail, the average retail trader actually be more involved in the efficiency of the market.
- 29:01[SPEAKER_01]: So I think this is the natural progression.
- 29:03[SPEAKER_01]: And I'm, of course, a big fan because more hours to trade, more trading fees, more liquidity overall.
- 29:11[SPEAKER_02]: yeah i think that's definitely part of it again if you're somebody that you know doesn't live in america and have the opportunities financially like we do to get involved in the markets uh this is a play uh to get the rest of the world um at least this is by opinion maybe i'm wrong but it's a play to get the rest of the world
- 29:28[SPEAKER_02]: involved in the United States markets and get access to the really the best companies in the world, right?
- 29:34[SPEAKER_02]: And I think there's a, there's that thesis around the catbacks and what's going on with AI and just, you know, you can make a whole series around how the markets are trading and being at all time highs and the wealth effect.
- 29:49[SPEAKER_02]: And
- 29:49[SPEAKER_02]: All that stuff and where's the next, you know, batch of liquidity coming from and I think this is the play to that open it up 24 7 plus getting access to people around the world is that type of play so it's it's a fascinating time to to be in the markets and to cover them with the podcast.
- 30:06[SPEAKER_02]: Um, and our team has been absolutely crushing it hunter Brendan Bryce throw hit.
- 30:10[SPEAKER_02]: I can't say it enough, um, you know, the newsletters have been how the the technical analysis has been how the calls have been bright and show on their absolute heater streak as we cover with Brian.
- 30:23[SPEAKER_02]: But that's going to be all.
- 30:23[SPEAKER_02]: We got to wrap this up.
- 30:24[SPEAKER_02]: We got some awesome interviews.
- 30:25[SPEAKER_02]: I got to go produce with Brendan and Bryce.
- 30:27[SPEAKER_02]: We had a, everybody was out last week, so we couldn't get two episodes in, but I promise you we'll get two episodes in this week.
- 30:34[SPEAKER_02]: We got Brian coming back with us on Friday to cover all things momentum and all coins mean coins plus the news as well.
- 30:41[SPEAKER_02]: So you're going to tune for that.
- 30:42[SPEAKER_02]: Final call.
- 30:43[SPEAKER_02]: Please give this a thumbs up.
- 30:44[SPEAKER_02]: We really appreciate you tuning in bottom right subscribe if you're new.
- 30:47[SPEAKER_02]: But that's going to be all for now.
- 30:49[SPEAKER_02]: Bye bye everybody.