Latest / The Paul Barron Crypto Show / ETH Takes Over Wallstreet!🚀Ethereum Treasury Hype Explodes💥

Transcript

ETH Takes Over Wallstreet!🚀Ethereum Treasury Hype Explodes💥 · The Paul Barron Crypto Show

• 0:05
  Speaker 1: Theory and beginning to take over Wall Street.
• 0:07
  Speaker 2: Today we'll be breaking down that and a lot more.
• 0:10
  Speaker 2: You don't want to miss it. My name is Paul Barren.
• 0:11
  Speaker 2: Welcome back into the show. Let's get started.
• 0:13
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  Speaker 2: and get some additional discount. Let's go over to a
• 0:45
  Speaker 2: couple of points I want to showcase right here. As
• 0:47
  Speaker 2: you guys know, s bet was hitting the closing bell yesterday,
• 0:52
  Speaker 2: so right there you've got the s BET team kind
• 0:54
  Speaker 2: of zooming in right there at Wall Street.
• 0:57
  Speaker 1: And of course not only did they do that, they
• 0:59
  Speaker 1: did a lot more.
• 1:00
  Speaker 2: And if you look at some of the things that
• 1:01
  Speaker 2: are going on right now. They of course got Ethereum
• 1:04
  Speaker 2: right there, nowhere else but Times Square. I love that
• 1:08
  Speaker 2: to see Nasdaq, the Nasdak tower and SPET and Ethereum
• 1:12
  Speaker 2: holding its own. There of course is the SPET.
• 1:15
  Speaker 1: Team playing in very nicely.
• 1:17
  Speaker 2: And of course when you look at this one right here,
• 1:19
  Speaker 2: this is the fitting part right here. I don't know
• 1:21
  Speaker 2: if you guys have watched the Old Guard, but that
• 1:23
  Speaker 2: is the old guard to poster with the new guard
• 1:28
  Speaker 2: showing up in Wall Street, and that of course being
• 1:30
  Speaker 2: Ethereum and Joe Lubin coming in with Sharplink Gaming. Sharplink
• 1:35
  Speaker 2: Gaming now holds two hundred and five thousand Ethereum. So
• 1:39
  Speaker 2: this is between June twenty eighth and July fourth, they
• 1:42
  Speaker 2: acquired almost seventy six hundred eighth for nineteen million and
• 1:45
  Speaker 2: an average price around twenty five hundred. They continue to
• 1:48
  Speaker 2: become one of the key companies that are starting to
• 1:51
  Speaker 2: coordinate around a similar strategy to what micro Strategy has
• 1:55
  Speaker 2: done to become one of the darlings of wall Stree.
• 2:00
  Speaker 2: And if you look at that and what else is
• 2:02
  Speaker 2: going on, what can we expect?
• 2:04
  Speaker 1: Well, here's Joe Lopan take a.
• 2:05
  Speaker 3: Look any plans to be buying more eth, specifically, how much.
• 2:11
  Speaker 4: A very large amount.
• 2:13
  Speaker 3: Spat has half a billion dollars worth of Ether and
• 2:16
  Speaker 3: his treasury will it have over one billion dollars by
• 2:19
  Speaker 3: the end of the year.
• 2:20
  Speaker 1: I hope so, I hope much more on that, actually
• 2:25
  Speaker 1: a billion.
• 2:25
  Speaker 2: Can you imagine a billion in ethereum setting in on
• 2:29
  Speaker 2: one of the ethereum treasury companies that is going to
• 2:32
  Speaker 2: get busy. That's not the only one that's making action today.
• 2:36
  Speaker 2: And another one, of course, has been Digital. They have
• 2:39
  Speaker 2: turned in from a Bitcoin MAXI to what appears to
• 2:41
  Speaker 2: be an eth MAXI.
• 2:42
  Speaker 1: Take a look. Big Digital shifted its entire treasury to ethereum,
• 2:46
  Speaker 1: becoming one of the largest ETH holders among public companies.
• 2:50
  Speaker 5: We sold all our Bigcoin actually personally participated in that,
• 2:53
  Speaker 5: raised myself with my own savings, and we pour that
• 2:56
  Speaker 5: all into ethereum.
• 2:57
  Speaker 6: And we're just getting started.
• 2:59
  Speaker 5: That's just the start.
• 3:00
  Speaker 6: We're just getting warmed up. I think it's majure that
• 3:02
  Speaker 6: Robinhood is going to tokenize equities on ethereum. Just take note, everybody,
• 3:07
  Speaker 6: the fees generated by that activity flow back to ETH holders,
• 3:12
  Speaker 6: and Bigcoin does not participate in that feedback loop and
• 3:15
  Speaker 6: that value loop. Robinhood is tokenizing equities on Ethereum.
• 3:20
  Speaker 1: That's just the start.
• 3:21
  Speaker 5: Ethereum is the blue chip institutional blockchain to do that,
• 3:25
  Speaker 5: and it's the only one. There is no second best.
• 3:27
  Speaker 5: Tens thousands of developers on chain, more than any other blockchain,
• 3:32
  Speaker 5: including bigcoin or Solona. Eventually, Ethereum will eat the financial world.
• 3:37
  Speaker 5: The era of Gary Gensler is over. Etherium is alive.
• 3:41
  Speaker 5: There is no second best.
• 3:43
  Speaker 1: All right, So you've heard that term before. There is
• 3:45
  Speaker 1: no second best.
• 3:46
  Speaker 2: That of course is famous by none other than mister
• 3:50
  Speaker 2: Michael Saylor. And of course now you've got eth MAXI
• 3:52
  Speaker 2: starting to go in this direction. This is not the
• 3:55
  Speaker 2: complete list. There are others out there that are starting
• 3:58
  Speaker 2: to move in this. In fact, we just dropped a
• 4:00
  Speaker 2: video today that showed that, and of course that is
• 4:04
  Speaker 2: with BTCS.
• 4:05
  Speaker 1: Now.
• 4:05
  Speaker 2: BTCS was on our show many many years ago and
• 4:07
  Speaker 2: they had converted again from what was a bitcoin company
• 4:11
  Speaker 2: now over to any treasury. And there's a whole lot
• 4:13
  Speaker 2: more about that. If you haven't watched that video, go
• 4:15
  Speaker 2: back and check it out. That one is on fly
• 4:18
  Speaker 2: as well. If you go over to the charts just
• 4:19
  Speaker 2: to give you guys a quick look. Here, here's micro
• 4:22
  Speaker 2: Strategy right now trading about sideways at three h five.
• 4:25
  Speaker 2: Currently there is BM and R, this is Sharplink Gaming,
• 4:28
  Speaker 2: or excuse me, this is bitmind and this is part
• 4:31
  Speaker 2: of tom Lee. And then of course you've got Sharplink
• 4:34
  Speaker 2: Gaming starting to break out.
• 4:35
  Speaker 1: What might break out. I'm on the one hour.
• 4:38
  Speaker 2: Just so you guys know, this is the one hour
• 4:40
  Speaker 2: might be taking Sharplin Gaming back up to around twenty bucks.
• 4:43
  Speaker 1: I'm watching that one. And here's BTCS.
• 4:46
  Speaker 2: This has been an explosion over the last several hours
• 4:50
  Speaker 2: where it's trading now well over five bucks, considerably up
• 4:54
  Speaker 2: around ninety percent.
• 4:55
  Speaker 1: On the day.
• 4:56
  Speaker 2: So that's the kind of activity. Not to leave out
• 5:00
  Speaker 2: bit Digital and that is showing them also up slightly
• 5:03
  Speaker 2: after the last few days. So considering what's going on
• 5:07
  Speaker 2: in the market, it seems like we're seeing more and
• 5:09
  Speaker 2: more going in this direction. One other thing I want
• 5:12
  Speaker 2: to hit on right here. This was the hint from
• 5:14
  Speaker 2: my interview with Charles yesterday, and he hinted at the
• 5:18
  Speaker 2: possibility of an ether Mega merger. Now I want you
• 5:23
  Speaker 2: to think about that for a second. Imagine if some
• 5:26
  Speaker 2: of these companies started to correlate together, collaborate, possibly even
• 5:31
  Speaker 2: look at a merger. What kind of impact would that
• 5:34
  Speaker 2: have on ethereum. Let me play this clip for you
• 5:38
  Speaker 2: because it might give us some indication.
• 5:39
  Speaker 7: Take a look Ethereum catching the attention of major financial
• 5:42
  Speaker 7: institutions which are increasingly building on the blockchain and processing
• 5:45
  Speaker 7: about twenty four million transactions daily. Joe Lewin, Joe, welcome.
• 5:49
  Speaker 7: What's going on with ether?
• 5:50
  Speaker 4: So Etheroreum is scalable enough, affordable enough, legal enough in
• 5:55
  Speaker 4: the United States, is very usable right now?
• 5:58
  Speaker 7: You identify you and your team identify sharplink gaming.
• 6:01
  Speaker 1: Yeah.
• 6:01
  Speaker 4: So there have been some other treasury companies, so bidmine
• 6:07
  Speaker 4: joined more recently. BTCS has not a large amount of ether,
• 6:13
  Speaker 4: but they've been really dedicated to be becoming an early
• 6:17
  Speaker 4: etherorem treasury company. Tom Lee is doing a great job.
• 6:20
  Speaker 4: Look forward to welcoming other competitors, complementary competitors into the
• 6:25
  Speaker 4: space and even collaborating with them.
• 6:28
  Speaker 7: What is the hope of this sharplink?
• 6:30
  Speaker 4: What does Wall Street pay attention to? It pays attention
• 6:33
  Speaker 4: to being able to make money. We're just going to
• 6:35
  Speaker 4: stay the course and continue to grow the concentration of
• 6:39
  Speaker 4: Ether for fully diluted share.
• 6:42
  Speaker 2: If you look at the trends right now from JP
• 6:44
  Speaker 2: Morgan or A. Stanley, all of Sharps, all of Wall
• 6:49
  Speaker 2: Street's mainstays, They're all looking at the markets still going
• 6:52
  Speaker 2: up through the end of the year. And if that
• 6:53
  Speaker 2: is the case, and you have these companies publico traded
• 6:56
  Speaker 2: companies out there on e treasuries, this could get really
• 7:00
  Speaker 2: interesting over the next six months. Now there is some
• 7:02
  Speaker 2: defense against this. Right now, Ether shorts right now rise
• 7:05
  Speaker 2: to its second highest ever. This has to be the
• 7:08
  Speaker 2: Bitcoin maxi crowd that is starting to some heavy pressure
• 7:12
  Speaker 2: on ethereum. And if you just continue to look right here,
• 7:14
  Speaker 2: everybody is staking eth, nobody is selling it. So look
• 7:18
  Speaker 2: at the comparison right here, I'll show this the chart.
• 7:22
  Speaker 2: You can kind of see east staking still continuing to rise.
• 7:25
  Speaker 2: I think this is only going to get more enticing
• 7:28
  Speaker 2: as many more companies start to offer more yields on
• 7:32
  Speaker 2: east staking Again. Remember Robinhood did their big campaign to
• 7:35
  Speaker 2: bring crypto over to their platform, both on a payment
• 7:40
  Speaker 2: but also in the capacity of being able to stake
• 7:43
  Speaker 2: ethereum over there as well. So very very positive for
• 7:47
  Speaker 2: ETH in general. If you look at ETH treasury versus
• 7:50
  Speaker 2: Bitcoin treasury search terms. Right now ETH is starting to
• 7:54
  Speaker 2: make its way in and of course has the cycle
• 7:58
  Speaker 2: played out for bitcoin. Try let me know what you
• 8:00
  Speaker 2: guys think down in the comments below. If you're not
• 8:03
  Speaker 2: subscribed to the channel, by the way, step back right now,
• 8:06
  Speaker 2: hit that subscribe button and do it.
• 8:08
  Speaker 1: Because we drop a lot of stuff like this. We
• 8:10
  Speaker 1: also go live.
• 8:11
  Speaker 2: From time to time, so make sure it hit the
• 8:12
  Speaker 2: bell and get in on those as well. So this
• 8:15
  Speaker 2: tweet right here from Matthew Siegel coming over from Vana,
• 8:18
  Speaker 2: course very active in this space. One thing he points
• 8:21
  Speaker 2: out which I think is dead on, and that is
• 8:23
  Speaker 2: the titans of the space have yet to really get involved.
• 8:26
  Speaker 2: Think about this company, that's Microsoft right there, open to
• 8:29
  Speaker 2: an ETHTF and the idea around there is collecting staking income.
• 8:33
  Speaker 1: Now just put your head around this for a second.
• 8:36
  Speaker 2: You're talking about a mag seven versus what we're seeing
• 8:38
  Speaker 2: these bitcoin treasury companies that don't near the kind of
• 8:41
  Speaker 2: market cap cape capacity of many of these companies. And
• 8:45
  Speaker 2: if Microsoft are others, especially in the technology field, start
• 8:48
  Speaker 2: to go in this direction, guys, this could get.
• 8:50
  Speaker 1: Extremely busy quick.
• 8:52
  Speaker 2: Here's Ethereum Daily transactions chart continuing to climb. Remember that
• 8:57
  Speaker 2: the comparison of L one on what's happening with ethereum
• 9:01
  Speaker 2: right now, this could go into a payment structure. Compare
• 9:05
  Speaker 2: that to the seven hundred and twenty million that happened
• 9:08
  Speaker 2: over on visa. This is something that could really explode.
• 9:11
  Speaker 2: And remember this isn't you know, capturing any of the
• 9:13
  Speaker 2: L two data that also creates large amounts of transaction.
• 9:17
  Speaker 2: Point being this could continue to push ETH in a
• 9:21
  Speaker 2: very good position, and it is not responding to the market.
• 9:24
  Speaker 2: Remember Bitcoin trading at one hundred and eight thousand, eighth
• 9:28
  Speaker 2: still at around twenty five hundred, so that's a big one.
• 9:31
  Speaker 1: The Fusaka upgrade.
• 9:33
  Speaker 2: This is interesting as well because this will continue to
• 9:35
  Speaker 2: improve on overall transaction speed. And if you look at
• 9:39
  Speaker 2: this right here, this was June third, eighteen percent. I
• 9:43
  Speaker 2: know that's hard to read, but June third, eighteen percent.
• 9:46
  Speaker 2: Here we are now July eighth, one month later, and
• 9:49
  Speaker 2: we're at double thirty four percent almost So what is
• 9:52
  Speaker 2: the chance of possibly getting Fusaka by the end of
• 9:55
  Speaker 2: this year?
• 9:56
  Speaker 1: Maybe could happen.
• 9:58
  Speaker 2: Other thing I want to point out is this sweet
• 9:59
  Speaker 2: righte and the interesting point that they're getting at is
• 10:02
  Speaker 2: the value of ETH, but where is it going to
• 10:04
  Speaker 2: regress from. One of the things that everybody's pointing out
• 10:07
  Speaker 2: was this we got to get rid of this infinite
• 10:09
  Speaker 2: cellar loop at twenty seven hundred. And the reason from that,
• 10:13
  Speaker 2: if you guys will remember, is this tweet right here.
• 10:15
  Speaker 2: This happened on February third, around twenty six to twenty
• 10:20
  Speaker 2: eight hundred. That's where ETH was at that time it
• 10:23
  Speaker 2: started to dive, and of course that I think is
• 10:25
  Speaker 2: one of the reasons we'll continue to see a lot
• 10:27
  Speaker 2: of pressure there. If you compare right there, that's the
• 10:30
  Speaker 2: dip tweet from Eric Trump. So it's basically the Eric
• 10:33
  Speaker 2: Trump twenty seven hundred dollars wall that EITH can possibly
• 10:37
  Speaker 2: crack through, holding it around twenty six twenty as time
• 10:40
  Speaker 2: of recording, this may be it, guys going forward, So
• 10:44
  Speaker 2: be on the lookout for Ethereum to see a big breakout.
• 10:46
  Speaker 2: Other things that are happening right now. The Hood Summit
• 10:49
  Speaker 2: announce their date coming to you in Vegas. This will
• 10:52
  Speaker 2: be an invite only event. What kind of potential announcements
• 10:56
  Speaker 2: after the Barnburner announcement that we saw in Cans, what
• 11:00
  Speaker 2: could be coming for robin Hood because right now robin
• 11:02
  Speaker 2: Hood has got Wall Street on their heels as well
• 11:05
  Speaker 2: as Congress trying to figure out how to deal with
• 11:08
  Speaker 2: this innovation in the fintech space. Guys, this is going
• 11:11
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• 11:24
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