Latest / The Paul Barron Crypto Show / Bitcoin Strategic Reserve Coming?🔥Crypto Market Update

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Bitcoin Strategic Reserve Coming?🔥Crypto Market Update · The Paul Barron Crypto Show

0:00
Speaker 1: Let's get into of course, the Strategic Reserve. It is
0:03
Speaker 1: a reality. We'll break it down for you guys. This
0:05
Speaker 1: is going to be a good one because I think
0:06
Speaker 1: as you understand what's going on with bitcoin and the
0:10
Speaker 1: Strategic Reserve, because it's something that we haven't mentioned much.
0:13
Speaker 1: Today is going to be a good ones. Don't miss it.
0:15
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0:17
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Speaker 1: try it for yourself. So let's go over to this
0:52
Speaker 1: tweet right here, because this gets into the point that
0:55
Speaker 1: we're getting at today, and that is bitcoin reclaiming sixty
0:58
Speaker 1: four k verses. After the White House confirmed that the
1:02
Speaker 1: US Strategic Bitcoin reserve would happen, and Crypto, of course,
1:07
Speaker 1: our crypto president says he's a big fan crazy stuff
1:10
Speaker 1: out there. Right now, this is the point they're getting to,
1:13
Speaker 1: which is where the US government is actively structuring a
1:17
Speaker 1: bitcoin strategic reserve and digital asset stockpile. Both of these
1:20
Speaker 1: will be the case. We'll talk about that in a second.
1:23
Speaker 1: And the US already holds three hundred and twenty eight
1:25
Speaker 1: thousand bitcoins, so a pretty significant holding in general. One
1:31
Speaker 1: other point I want to look at here. Of course,
1:34
Speaker 1: many people would look at this right now more of
1:35
Speaker 1: a roadblock. I would agree with what Coinbeer was saying here.
1:38
Speaker 1: Treasury officials, though, have question whether or not they have
1:41
Speaker 1: the legal authority to be able to even hold this.
1:44
Speaker 1: So now you've got the administration, the White House saying okay,
1:46
Speaker 1: well maybe we would consider moving the reserve over to
1:49
Speaker 1: the Commerce Department. Remember that is Howard Lutnik. So let's
1:53
Speaker 1: just remember Howard Lucknink. Not great reputation out there, but
1:57
Speaker 1: he definitely would be the one that potentially could be
2:00
Speaker 1: in control of this. So that in itself could cause
2:05
Speaker 1: a little bit of grief out there within the market.
2:07
Speaker 1: Another thing that you have to kind of consider is
2:10
Speaker 1: this right here? All of this is pretty much bureaucratic noise,
2:13
Speaker 1: not Barris signal. The fact that the DOJ's Office of
2:17
Speaker 1: Legal Counsel is actively working on means they're actually building
2:20
Speaker 1: a structure. So this means they're going to do it.
2:24
Speaker 1: They just don't know how they're going to put it together,
2:26
Speaker 1: but they're trying to build the structure right now. The
2:28
Speaker 1: release of this information has caused bitcoin to move. Now
2:32
Speaker 1: does it put bitcoin on the move up to sixty
2:35
Speaker 1: seven K or seventy K? Some analysts still saying this
2:38
Speaker 1: might be a short pump before we see some other
2:41
Speaker 1: problems towards the summer. And I think the real question
2:44
Speaker 1: is what is this going to look like? Because everybody's
2:47
Speaker 1: asking how is this going to be done? How will
2:49
Speaker 1: it hold? Will they add anything to it? Or is
2:51
Speaker 1: it strictly going to be seized assets? All of that
2:53
Speaker 1: is now under consideration. Peter Shift though, continuing to push
2:58
Speaker 1: on this. Remember very anti crypto and very anti bitcoin,
3:02
Speaker 1: and he's talking about Trump. Trump's crypto donors likely called
3:06
Speaker 1: in a favor to get Trump to tease this of
3:10
Speaker 1: potentially allowing Trump accounts to buy bitcoin. And we'll talk
3:13
Speaker 1: about that in a second, because I don't know if
3:15
Speaker 1: that's going to happen. That would be a big hurdle
3:17
Speaker 1: to overcome. And I think this would be a problem
3:21
Speaker 1: if we got into that, because just in general, I
3:23
Speaker 1: think the Democrats would push back dramatically. I think Republicans
3:26
Speaker 1: would probably push back on that as well, mainly because
3:29
Speaker 1: you're talking about four oh one k's and this is
3:32
Speaker 1: four one k's that are being really built for children,
3:35
Speaker 1: So this would be a problem. I think overall. There
3:37
Speaker 1: is a clip here from Scott Melker that talks about
3:41
Speaker 1: this and his opinion.
3:42
Speaker 2: Take a look the headline that people will grab and
3:44
Speaker 2: be like, we're getting bitcoin in the trum accounts. We
3:46
Speaker 2: literally can't. It would require basically an act of Congress.
3:49
Speaker 2: They could do, you know, broad indexing ETFs and certain things,
3:53
Speaker 2: but happening yeah, spot bitcoin in those accounts isn't going
3:57
Speaker 2: to happen, whether or not you know ETF wrapped bitcoin
4:01
Speaker 2: is Another part of the conversation.
4:04
Speaker 1: Joey heard Scott mentioned right there, is that I don't
4:06
Speaker 1: I agree with Scott in the sense I don't think
4:08
Speaker 1: there's any chance that they put it into the Trump
4:11
Speaker 1: accounts because that would take Congress to be able to
4:13
Speaker 1: enact that. But I think the bigger picture here is
4:16
Speaker 1: the strategic reserve. Whether or not you really believe that
4:20
Speaker 1: the US government would be actively going out and acquiring bitcoin,
4:25
Speaker 1: I don't think that would happen, at least not right
4:28
Speaker 1: now now. Maybe down the road when bitcoin and crypto
4:31
Speaker 1: in general starts to get ingrained into the social fabric
4:36
Speaker 1: of America, maybe possibly, But even right now, I mean,
4:39
Speaker 1: in most cases, we don't see these kind of strategies
4:43
Speaker 1: around anything other than something like this, which has been
4:46
Speaker 1: a commodity asset that has been seized, much like gold, silver,
4:49
Speaker 1: things of that nature. So I would still put it
4:51
Speaker 1: on the sense that I don't think they're going to
4:53
Speaker 1: add to the strategic reserve. I think they will continue
4:56
Speaker 1: to pile on based on acquisitions and seizures, but I
5:00
Speaker 1: don't think it's going to be done through American tax
5:02
Speaker 1: payers getting it. So for bitcoiners out there, yes, it's
5:06
Speaker 1: good news in the sense that they're not selling it.
5:08
Speaker 1: That's a good thing because they're holding uller three hundred
5:10
Speaker 1: thousand of them. But the other thing that gets into
5:13
Speaker 1: this is how would this play or even correlate to
5:17
Speaker 1: the Trump account. Let me take a look at this clip.
5:19
Speaker 3: That sounds like classic bitcoin. To me, this is largely
5:22
Speaker 3: a momentum driven market. Narratives are very powerful, and so yeah,
5:26
Speaker 3: we saw the initial comments from the president about having
5:30
Speaker 3: bitcoin potentially in the Trump accounts, and so the market
5:35
Speaker 3: clearly took that as a positive. The way that I'd
5:38
Speaker 3: interpret that is investors saying, Okay, there's one more type
5:42
Speaker 3: of potential buyer here. Now we have Trump accounts. First,
5:45
Speaker 3: we had mainstream buyers through ETFs, and so the crypto
5:50
Speaker 3: market loves narratives and any kind of fuel to that fire.
5:53
Speaker 3: You can add, well, we'll kind of give you a
5:54
Speaker 3: rally in most days.
5:56
Speaker 1: All right. So you see Main Street going into this
5:59
Speaker 1: and looking at this as a possibility. I completely disagree
6:02
Speaker 1: with this. There's something like this. I think unfortunately, this
6:05
Speaker 1: is too early of an asset class. Now. I know
6:08
Speaker 1: many of you would just say, well, that's the whole
6:09
Speaker 1: point you want to get in early. I get that,
6:12
Speaker 1: but I think when you're looking at something that is
6:14
Speaker 1: supposed to be a more stable investment, especially when you
6:19
Speaker 1: look at four one case, I think you've got to
6:20
Speaker 1: go with the traditional models that Wall Street has been
6:23
Speaker 1: serving on and performing for quite some time, so I
6:27
Speaker 1: would say probably not likely now. Could it happen in
6:30
Speaker 1: the future. Sure, as we see a more stable crypto
6:33
Speaker 1: market develop, and it's coming, it is coming, guys, then
6:37
Speaker 1: there will be a handful of tokens that would probably
6:39
Speaker 1: be blue chip enough to make it into something like this.
6:43
Speaker 1: We're already seeing this right now in other asset classes.
6:46
Speaker 1: So whether or not this happens with crypto, it's still
6:49
Speaker 1: up in the air. I would say pause on that here,
6:52
Speaker 1: And when you think about that, you have to look
6:55
Speaker 1: at other things that are going to destabilize the market,
6:57
Speaker 1: and one of course is going to be Clarity. James
6:59
Speaker 1: Safer right here from Bloomberg. He kind of hits it
7:01
Speaker 1: on the head headlines headlines like this means Clarity is
7:05
Speaker 1: not getting done, and that I agree with. If we
7:08
Speaker 1: continue to see pressure on the ethics issue, especially around
7:12
Speaker 1: what Trump is doing in terms of crypto, and whether
7:15
Speaker 1: you want to say, okay, he's not investing directly, the
7:18
Speaker 1: fact that he's associated with it is still it's guys,
7:22
Speaker 1: it's optics. It's optics that many of Democrats and Republicans
7:25
Speaker 1: are going to have to face because of their constituents. Remember,
7:29
Speaker 1: retail crypto has not seen these kind of games. So
7:32
Speaker 1: this is clearly a situation where he's one upping the
7:34
Speaker 1: market right now, and that's the problem. And of course
7:38
Speaker 1: right here you got Donald Trump reportedly booked more crypto
7:41
Speaker 1: related income last year than any publicly traded US digital
7:44
Speaker 1: asset company, including Coinbase, which is the king of crypto
7:49
Speaker 1: right now at least in terms of revenue and earning.
7:52
Speaker 1: So I don't know, this is a bad look in general.
7:55
Speaker 1: Look at the rest of the market absolutely not having
7:58
Speaker 1: it in terms of performance Galaxy, then there Hoday, Core Scientific,
8:03
Speaker 1: even Iran. So this is a problem, I think, and
8:06
Speaker 1: a narrative that is not going away, and it will
8:09
Speaker 1: most likely affect Clarity. You have the SEC, though, coming
8:13
Speaker 1: in to rewrite the rule book for crypto, and rightly so,
8:16
Speaker 1: because if Clarity does not go through. We had an
8:19
Speaker 1: analyzon from Standard Chartered yesterday and he hit it on
8:22
Speaker 1: the head. Is that most likely this is going to
8:24
Speaker 1: be the SEC and the CFTC setting down the bureaucratic
8:27
Speaker 1: guidelines for crypto. That's pretty much going to be the
8:31
Speaker 1: way it goes right now, at least the way it
8:33
Speaker 1: looks like it's going to go with the issue of
8:36
Speaker 1: ethics continuing to face a problem here with the Trump
8:39
Speaker 1: campaign and administration. You have sixty seven million Americans now
8:45
Speaker 1: that people are calling a fringe. And the reality of
8:48
Speaker 1: this is that is the number of people that are
8:51
Speaker 1: owning crypto. Harris poll over forty five thousand Americans ten
8:55
Speaker 1: thousand US crypto holders is headlined finding one in four
8:59
Speaker 1: adults now owns cryptocurrency. So that's a huge deal, guys,
9:03
Speaker 1: sixty seven million people absolutely insane here. And the political
9:08
Speaker 1: poll also found that the same forty five percent of
9:10
Speaker 1: Americans view crypto is risky, but those same investors and
9:14
Speaker 1: holders view the stock market as risky as well. So
9:19
Speaker 1: it's interesting how all of this is kind of playing
9:22
Speaker 1: out in real time. The opportunity for you guys is
9:25
Speaker 1: we all know, is we're early in these markets. You
9:29
Speaker 1: look at bitcoin trading right now at sixty four k,
9:32
Speaker 1: you look at the high of one twenty five plus,
9:34
Speaker 1: and the opportunity here of tokenization. All of this is
9:38
Speaker 1: still very early on, and I think it's all going
9:40
Speaker 1: to be in a very strategic model that eventually will
9:44
Speaker 1: span across many presidencies for the next decade. Or two
9:48
Speaker 1: bn Y CEO Rob Evinz says B and Y is
9:51
Speaker 1: going to be partner at the US Treasury Robin Hood
9:54
Speaker 1: to make Trump accounts happen. That I think is still
9:57
Speaker 1: a good thing in the sense that we've got major
9:59
Speaker 1: Wall Street investment framework to be able to get these done.
10:03
Speaker 1: We'll see how this pans out. I don't think that
10:06
Speaker 1: crypto is a good model for this just yet, just
10:08
Speaker 1: because of the narratives right now, and also I think
10:11
Speaker 1: we don't need the smoke if you think about crypto
10:14
Speaker 1: in general, if something goes wrong for whatever reason, most
10:17
Speaker 1: crypto investors understand how to fade that heat. I don't
10:21
Speaker 1: know that a four oh one K holder for someone's
10:24
Speaker 1: you know, kid's future is going to be able to
10:26
Speaker 1: understand that. So a big deal. Don't forget Ripple selected
10:29
Speaker 1: Be and Y to Custy Ripple USD. So be and
10:32
Speaker 1: Y is very familiar with the markets and very familiar
10:34
Speaker 1: with crypto in general. Doesn't mean that there could be
10:37
Speaker 1: something signaling here, but it definitely shows you that BE
10:41
Speaker 1: and Y is very active for maybe involving themselves in
10:45
Speaker 1: this in the future when it does get into a
10:47
Speaker 1: point where crypto might play a role speaking of others
10:52
Speaker 1: that are going to involve themselves in the future, and
10:54
Speaker 1: that is Vanguard, who initially hated the idea of ETFs.
10:58
Speaker 1: Now they're one of the largest ETF managers. Vanguard initially
11:01
Speaker 1: hated crypto and yes, that's right, Vanguard is now hiring
11:06
Speaker 1: their first ever head of Digital Asset role for a
11:09
Speaker 1: full strategic pivot. This is a big deal for Vanguard
11:13
Speaker 1: to make a full pitt We've reported this on this
11:15
Speaker 1: show and reported where Vanguard pretty much laughed in the
11:19
Speaker 1: face of all investors out there, saying this was not
11:23
Speaker 1: going to be something that Vanguard or their investors would
11:26
Speaker 1: ever do. That has changed when you look at Vanguard
11:29
Speaker 1: and their pivot. Look at what Robinhood did. They embraced
11:34
Speaker 1: the idea. Imagine where Vanguard would be had they gone
11:36
Speaker 1: this direction. And in terms of just embracing what's happening
11:40
Speaker 1: with the ability for tokenization, Robinhood chain of course absolutely exploding.
11:46
Speaker 1: And I think we're going to see so much more
11:48
Speaker 1: of this in a very short period of time. Remember,
11:50
Speaker 1: because I think a lot of people look at crypto
11:52
Speaker 1: down right now because it's mostly been assets and liquidity
11:55
Speaker 1: rotating into AI. Well, AI spending concerns now are spooking investors,
12:00
Speaker 1: and I think this is something to keep a very
12:02
Speaker 1: close eye on because as we go into what could
12:06
Speaker 1: be a slow summer, the real question is do we
12:09
Speaker 1: get a dip before the next step. Tom Lee has
12:12
Speaker 1: talked about this when you look at Samsung's record this,
12:15
Speaker 1: of course eighty nine trillion in Korean wand fifty eight
12:19
Speaker 1: billion US dollars quarterly profit on the chip boom, and
12:23
Speaker 1: yet shares are sliding. So is that where investors are
12:26
Speaker 1: finally getting to the point maybe this is it for
12:29
Speaker 1: the AI bubble And I don't know. Let me know
12:32
Speaker 1: in the comments down below if you guys think that
12:34
Speaker 1: we're going to continue to see an up market, especially
12:37
Speaker 1: in the correlated AI market, whether it's stock semiconductors, companies
12:41
Speaker 1: like Micron, et cetera. Within that, more drama that also
12:46
Speaker 1: plays into this is what's going on the ury energy
12:48
Speaker 1: side of things, and of course one of the things
12:50
Speaker 1: that is applicable to that is what's going on in
12:52
Speaker 1: the Strait and right now the UK is saying that
12:55
Speaker 1: there's a second hit on ships inside the straight or
12:59
Speaker 1: hor moves, and of course that has continued to move
13:01
Speaker 1: oil higher. This is another problem that even though it
13:04
Speaker 1: looks as though it's been a little bit less covered,
13:08
Speaker 1: the real fact is this continues to put pressure on
13:11
Speaker 1: the macro environment and that will have an effect on
13:14
Speaker 1: stocks and crypto in general. One other thing I want
13:17
Speaker 1: to get to is the FED minutes are now coming out,
13:19
Speaker 1: so you've got them do on Wednesday. A lot of
13:22
Speaker 1: hawkish moves right now, and of course WASH's deliberate silence.
13:27
Speaker 1: Very interesting here. A couple of points I want to
13:29
Speaker 1: focus on. Markets will parse them not as a gloss
13:32
Speaker 1: on Walsh's already stated views, but as fomc's only substantiative
13:37
Speaker 1: on record statement about whether or not September rate hike
13:40
Speaker 1: is coming. I don't know. I don't think that we're
13:42
Speaker 1: going to see a rate hike. I'm feeling that that
13:44
Speaker 1: is going to be the case. But if we don't
13:47
Speaker 1: see inflation at least stabilize, I think this is going
13:51
Speaker 1: to be an issue that worsh is going to have
13:52
Speaker 1: to deal with. And the distinction matters in normalcy right now.
13:56
Speaker 1: It should matter to anyone holding AI infrastructure, I agree,
14:00
Speaker 1: and especially around data centers and so on, any of
14:03
Speaker 1: the hyperscalers all of those really a big issue I
14:06
Speaker 1: think on how the rate cuts could and or not
14:11
Speaker 1: occur for twenty twenty six. FED also injecting ten billion
14:14
Speaker 1: into the economy. Not a lot, but the fact that
14:17
Speaker 1: they are pulling the trigger on an injection from the
14:20
Speaker 1: Federal Reserve. They're going to do two treasure bill purchase operations,
14:23
Speaker 1: which is three point three billion on Tuesday and another
14:25
Speaker 1: six to six on Thursday. Not a big hit, but
14:28
Speaker 1: it does show the tolerance of the FED to be
14:32
Speaker 1: able to move on this. Does that mean that we
14:34
Speaker 1: have a printer coming maybe if we continue to see
14:38
Speaker 1: pressure in the macro side and what we're seeing right
14:41
Speaker 1: now in terms of the possibility of what we could
14:45
Speaker 1: see in terms of a rate hike. If you look
14:46
Speaker 1: at the poly market, this is the all time chance.
14:49
Speaker 1: It is up a lot in terms of a rate
14:52
Speaker 1: hike in twenty twenty six. So beyond the lookout, guys,
14:56
Speaker 1: this is not out of the woods just yet. And
14:57
Speaker 1: this would decimate crypto in general. Even though right now,
15:01
Speaker 1: as you look at the market, I'll just go in
15:03
Speaker 1: and just run down some of the top ones. Here's Bitcoin.
15:06
Speaker 1: That's almost a week of green candles right here. As
15:08
Speaker 1: we currently traded around sixty four. Look at what's going
15:11
Speaker 1: on with Solana trading at eighty two and stabilizing. Another
15:15
Speaker 1: token to take a look at is uniewap. This is
15:17
Speaker 1: one that has just recently started to move. I think
15:19
Speaker 1: this is one we just talked about this yesterday. You
15:21
Speaker 1: guys should go back and watch the video we did
15:23
Speaker 1: yesterday on where Ethan unicewap is heading. And then the
15:26
Speaker 1: real question is what's going to happen with Jupiter. Jupiter
15:29
Speaker 1: continuingly showing performance. This is all a sign. Are we
15:35
Speaker 1: in a position right now where it's early stage of
15:38
Speaker 1: potentially a market breakdown? Do we see that twenty percent pullback?
15:42
Speaker 1: And if a rate cut is incoming, that's a problem
15:45
Speaker 1: for the market. We're going to be covering this in
15:47
Speaker 1: a lot more this week, so stay tuned. If you
15:55
Speaker 1: like this video, like and subscribe, drop a comment down below,
15:59
Speaker 1: and also in our free private member group. The link
16:02
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