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NVIDIA Triggering Crypto Rally?🚀Market Update · The Paul Barron Crypto Show

• 0:07
  Speaker 1: Ay I said for a bull run, and there is
• 0:09
  Speaker 1: a lot happening this week that could impact crypto in
• 0:13
  Speaker 1: a very big way. We'll break it all down for you, guys.
• 0:15
  Speaker 1: I think you're in love it. My name is Paul Barre.
• 0:17
  Speaker 1: Welcome back into tech Path. As you can see, I
• 0:20
  Speaker 1: am still at this conference. I just finished up a
• 0:23
  Speaker 1: session on what guess what? Of course, AI and blockchain.
• 0:28
  Speaker 1: AI and blockchain is starting to really create some waves
• 0:31
  Speaker 1: and there's some significant reasons why we'll break it all
• 0:34
  Speaker 1: down for you guys. You don't want to miss it.
• 0:36
  Speaker 1: I'm going to get over to sharing a few tabs
• 0:39
  Speaker 1: and also kind of just go through some of the
• 0:41
  Speaker 1: news today because I think there's some key things that
• 0:43
  Speaker 1: we really have to consider on where growth is going
• 0:46
  Speaker 1: for not only AI, but how it's going to integrate
• 0:49
  Speaker 1: within blockchain itself. So I want to jump over to
• 0:52
  Speaker 1: this first tab this morning, and that, of course is
• 0:56
  Speaker 1: good morning everyone. We are forty eight hours away from
• 0:59
  Speaker 1: a game changing event. Well they're talking about in video
• 1:02
  Speaker 1: earnings expectations right now around sixty four cents. This would
• 1:07
  Speaker 1: be plus one thirty seven for the year of a
• 1:10
  Speaker 1: year that is a huge growth. So if we are
• 1:12
  Speaker 1: going to continue to see in Nvidia play. The question
• 1:15
  Speaker 1: mark is going to be how does this flow into
• 1:19
  Speaker 1: what's happening within the crypto space? Just fun fact there
• 1:22
  Speaker 1: Ceo now wants things like leaning towards but guess what,
• 1:26
  Speaker 1: he's now the eleventh richest man in the world. And
• 1:29
  Speaker 1: I think this is something that of course is indicative
• 1:31
  Speaker 1: of where AI is going. I want to continue and
• 1:34
  Speaker 1: jump further into another tweet real quick. And the reason
• 1:39
  Speaker 1: for this, of course is what we're seeing the GPU growth.
• 1:42
  Speaker 1: But of course we have to consider what is the
• 1:45
  Speaker 1: closest connection to Nvidia. If we look at crypto, it's
• 1:50
  Speaker 1: clearly going to be rendered. Now, there are a handful
• 1:53
  Speaker 1: of others that do play into the space, but render
• 1:56
  Speaker 1: is one that we're tracking very closely. Going forward. Now,
• 2:00
  Speaker 1: there's a couple of things that I want to jump into,
• 2:02
  Speaker 1: and one is a clip here that I want to
• 2:05
  Speaker 1: get into, because when you look at not only where
• 2:09
  Speaker 1: the strategy of not only crypto is going, but specifically
• 2:14
  Speaker 1: around AI, some of the things that you have to
• 2:16
  Speaker 1: consider is where's the growth track going. So let's go
• 2:19
  Speaker 1: to a clip. This will get into how in Nvidia
• 2:22
  Speaker 1: could be the winner here? Take a look.
• 2:25
  Speaker 2: When we do some market checks, we see that the
• 2:27
  Speaker 2: earnings are going to be pretty good because almost every
• 2:30
  Speaker 2: tech company has been actually investing in data center chips
• 2:33
  Speaker 2: and in the AI chips. And on the other hand,
• 2:35
  Speaker 2: every company budget when we talk to our thousand cxos
• 2:38
  Speaker 2: on the market, everyone robs cybersecurity budgets to pay for AI.
• 2:42
  Speaker 3: Is this going to be a mistake that they all
• 2:44
  Speaker 3: look back on later if there's a huge cybersecurity attack
• 2:46
  Speaker 3: or something that gets through.
• 2:47
  Speaker 2: Well, the big thing that's happening in cybersecurity is about
• 2:50
  Speaker 2: post breach resiliency. You know you're going to be breached?
• 2:52
  Speaker 2: Are you better actually recovering? And so they're making the
• 2:54
  Speaker 2: guests that AI might get them faster to cybersecurity as well.
• 2:58
  Speaker 3: If we are already priced perfection, but your channel checks
• 3:02
  Speaker 3: are telling you that things are going to be really great,
• 3:04
  Speaker 3: you anticipate the stock's going to go up. Will it
• 3:06
  Speaker 3: be enough of a boost to actually impress the.
• 3:08
  Speaker 2: Stream, Well, it may impress the street, but it's not
• 3:11
  Speaker 2: going to bring anyone else with it, because what's happening
• 3:13
  Speaker 2: here is unlike the Internet. Right with the Internet, it
• 3:16
  Speaker 2: was open, it was decentralized. There are lots of players.
• 3:18
  Speaker 2: Things were coming down in price. Here, it's the complete opposite,
• 3:21
  Speaker 2: and Vidia's done a good job. It's centralized, it's closed,
• 3:24
  Speaker 2: it's more expensive. There's only a few players that are
• 3:26
  Speaker 2: going to win, and that's why the stock will do well.
• 3:30
  Speaker 2: All right.
• 3:30
  Speaker 1: So the question here is is there an all in
• 3:34
  Speaker 1: AI winner in blockchain? And I don't necessarily think there is.
• 3:38
  Speaker 1: I think we're probably going to see a handful of
• 3:41
  Speaker 1: winners out there.
• 3:42
  Speaker 4: Now.
• 3:42
  Speaker 1: He talks this same analyst talks a little bit more
• 3:46
  Speaker 1: around what AI is in terms of an investment strategy,
• 3:49
  Speaker 1: and I just want you to think about that for
• 3:51
  Speaker 1: a second, because this could be traditional securities investment, but
• 3:54
  Speaker 1: it also could flow into the token sector in the
• 3:57
  Speaker 1: crypto markets. I want to go to that clip. It'll
• 4:00
  Speaker 1: explain a little more.
• 4:01
  Speaker 3: So Apple, Microsoft, Google, Nvidia, Amazon, Tesla. Oh you own
• 4:05
  Speaker 3: Tesla too?
• 4:05
  Speaker 2: Yes?
• 4:06
  Speaker 3: Okay, so that's the one that was missing from this list.
• 4:09
  Speaker 3: Which one are you not? Do you not own?
• 4:11
  Speaker 1: I think that's metas well.
• 4:12
  Speaker 3: Actually are you metal?
• 4:13
  Speaker 2: You own own all seven?
• 4:15
  Speaker 3: And you believe that this is the right thesis to
• 4:17
  Speaker 3: keep carrying the market at this point?
• 4:19
  Speaker 2: We do for now, and especially with interest rates coming down,
• 4:21
  Speaker 2: that's actually going to help as well. A lot of
• 4:23
  Speaker 2: people think it's going to go to ems when interest
• 4:25
  Speaker 2: rates come down, but actually it's not going to look
• 4:27
  Speaker 2: that way. Aside from India, it really looks like big
• 4:30
  Speaker 2: tech is your flight to safety and your flight to growth.
• 4:33
  Speaker 2: It's kind of like buying ge back in the eighties,
• 4:37
  Speaker 2: all right.
• 4:37
  Speaker 1: So that in itself is a big deal because I
• 4:40
  Speaker 1: think when you look at kind of converging in the
• 4:42
  Speaker 1: securities market, you see all these top level companies which
• 4:45
  Speaker 1: have invested heavily in the development of AI, the infrastructure
• 4:50
  Speaker 1: of AI, and even in their respective markets, Tesla Meta especially,
• 4:55
  Speaker 1: all leaning into what we know as the evolution that
• 4:58
  Speaker 1: we think is going to set a course for the
• 5:01
  Speaker 1: next generation, and that is this trifecta AI XRIAR VR
• 5:06
  Speaker 1: and then of course blockchain. Now, how can you play
• 5:08
  Speaker 1: this on the blockchain? I want to share my screen here.
• 5:11
  Speaker 1: This is this is a good example of it. AI
• 5:13
  Speaker 1: tokens market cap surging nearly eighty percent thirty two billion.
• 5:17
  Speaker 1: Is investorer sentiment is improving. A couple of key things here,
• 5:21
  Speaker 1: value comes in as investor confidence in the sector is revived. This,
• 5:25
  Speaker 1: I think is the thing that is catching everybody by
• 5:28
  Speaker 1: surprise because a lot of people were looking at Nvidia
• 5:30
  Speaker 1: and saying, maybe this is the end. But the upcoming
• 5:33
  Speaker 1: earnings for Nvidia Q two earnings could report another momentum boost.
• 5:38
  Speaker 1: If that is not going to be the case, we
• 5:40
  Speaker 1: will see a I think a enhanced capability around AI
• 5:45
  Speaker 1: tokens on the crypto side that we'll see research. Now,
• 5:49
  Speaker 1: could this mean render near protocol? There's many platforms out
• 5:53
  Speaker 1: there that are integrated very well with not only cloud compute,
• 5:57
  Speaker 1: but how AI is going.
• 5:58
  Speaker 2: To be used.
• 5:58
  Speaker 1: I want to jump to a couple of tweets here
• 6:01
  Speaker 1: before I go back. Has a market been sleeping on
• 6:03
  Speaker 1: near protocol? This is a good example. Over the last year,
• 6:06
  Speaker 1: In case you haven't noticed or paying attention, Near has
• 6:08
  Speaker 1: grown its active users by thirty one hundred percent in
• 6:11
  Speaker 1: the last year through q Q two. So this is
• 6:13
  Speaker 1: a big deal. There's the chart right there. You can
• 6:16
  Speaker 1: kind of see this. I mean, this is insane growth.
• 6:19
  Speaker 1: Now Near is definitely on track. This is another one
• 6:23
  Speaker 1: that I own and I like. But when I look
• 6:25
  Speaker 1: between the two, whether it's near render or others that
• 6:28
  Speaker 1: could play into this. Even if you look at Powell
• 6:30
  Speaker 1: I think they may end up seeing some movement as well.
• 6:33
  Speaker 1: The opportunity here in AI tokens is going to be
• 6:37
  Speaker 1: huge here, of course, in another tweet, crypto is the
• 6:39
  Speaker 1: currency of AI. I totally agree with that. I think
• 6:43
  Speaker 1: we're going to see more innovation in the crypto space,
• 6:46
  Speaker 1: more so than ever. And one of the things that
• 6:49
  Speaker 1: we have to consider on AI is how are big
• 6:53
  Speaker 1: companies transitioning into this. And I'm talking about existing companies
• 6:58
  Speaker 1: out there that will set the course for these layer
• 7:01
  Speaker 1: two and layer three companies. I'm talking about businesses that
• 7:06
  Speaker 1: will start to integrate more of this, which only means
• 7:08
  Speaker 1: we're going to see more adoption in the crypto space.
• 7:09
  Speaker 1: So I want to go to a clip real quick,
• 7:11
  Speaker 1: which is one of the Dell executives breaking this down.
• 7:14
  Speaker 1: Let's take a look.
• 7:15
  Speaker 5: When we talk to people about AI, John, we oftentimes
• 7:18
  Speaker 5: hear them say it's just like the Internet in the
• 7:20
  Speaker 5: nineteen nineties. You're saying no, no, on.
• 7:24
  Speaker 6: The scale of impact it is. But I was involved
• 7:27
  Speaker 6: in creating that year. I was the CTL a bunch
• 7:29
  Speaker 6: of networking companies in the nineties, and we had a
• 7:33
  Speaker 6: decade and a half to kind of get there, and
• 7:35
  Speaker 6: it happened slowly over time, it did have a profound impact.
• 7:39
  Speaker 6: I think from a scale perspective, it's similar. So the
• 7:41
  Speaker 6: speed in which these things are happening, you know, it's
• 7:44
  Speaker 6: not like we've developed the Internet, then we have ten
• 7:46
  Speaker 6: years to figure it out and mature it and then
• 7:48
  Speaker 6: scale it and twenty years later everybody has to be there.
• 7:50
  Speaker 6: This is if you're not there now, or if you're
• 7:52
  Speaker 6: not moving towards getting there, you're already late. And I
• 7:55
  Speaker 6: haven't seen that happen in any other big technology.
• 7:57
  Speaker 5: And fle is it more steam engine like Jamie Diamond
• 8:01
  Speaker 5: talks about industrial revolution.
• 8:04
  Speaker 6: Yeah, it's after the steam engine existed and was commercially available.
• 8:08
  Speaker 6: What you saw was this massive uptick you had. And
• 8:10
  Speaker 6: it's actually a good analogy because the steam engine was
• 8:13
  Speaker 6: a way to transfer energy, and you need to transfer
• 8:16
  Speaker 6: energy to do all kinds of things, from producing goods
• 8:19
  Speaker 6: and services to doing transportation, and so it became incredibly pervasive.
• 8:22
  Speaker 6: AI is very similar. Anybody who tries to pigonol that
• 8:24
  Speaker 6: it only does chatbots for you know, searching staff for
• 8:27
  Speaker 6: it only does enterprise applications X, Y, and Z is
• 8:31
  Speaker 6: wrong because it's a foundational technology. It's a different way
• 8:34
  Speaker 6: to distill information into knowledge and wisdom, and you're going
• 8:37
  Speaker 6: to apply it everywhere, much like we did when we
• 8:39
  Speaker 6: moved to the internal combustion engine.
• 8:41
  Speaker 1: Are so many of the things he said right there.
• 8:43
  Speaker 1: I think it hits back to the point I was
• 8:44
  Speaker 1: getting at, and we are seeing a revolution that is
• 8:48
  Speaker 1: occurring right in front of our eyes. Box chain will
• 8:50
  Speaker 1: be part of this. We will definitely see XRI r
• 8:53
  Speaker 1: VR be part of this, and the integration of this trifecta,
• 8:57
  Speaker 1: which we've never happened to have happened before, is happening now.
• 9:00
  Speaker 1: So you guys have to stay tuned and make sure
• 9:03
  Speaker 1: that you're on the channel. If you're not subscribed right now,
• 9:06
  Speaker 1: I want you to go out right down below hit
• 9:08
  Speaker 1: the little subscribe button. Also hit the little bell that's
• 9:11
  Speaker 1: going to give you notifications when we go live. I
• 9:13
  Speaker 1: know we're trying to get live a little bit more often. Also,
• 9:15
  Speaker 1: if you're not in the Diamond circle, this is our
• 9:17
  Speaker 1: private member group that I will communicate with. We have
• 9:21
  Speaker 1: a cool group over there, as well as additional content,
• 9:24
  Speaker 1: so check it all out. We'll leave a link down below.
• 9:26
  Speaker 1: I want to jump over to a tweet real quick
• 9:28
  Speaker 1: because This is getting into a little bit of insight.
• 9:30
  Speaker 1: I think that is important and this comes from Batallic
• 9:33
  Speaker 1: because I think everybody's kind of like, why don't you
• 9:34
  Speaker 1: pump more on eth? Well, here's another bull This is
• 9:37
  Speaker 1: courtesy of a blockchain project that I think is kind
• 9:40
  Speaker 1: of interesting, Black Forest Labs. Again, this is the whole
• 9:43
  Speaker 1: idea around utilizing cloud compute as a potential. This all
• 9:48
  Speaker 1: riding on eath, so there's some opportunity here. It only
• 9:50
  Speaker 1: means that he Batallic is also bullish on AI. And
• 9:55
  Speaker 1: when you look at other things happening in the space
• 9:58
  Speaker 1: right now, as we try transition forward, you have to
• 10:01
  Speaker 1: look at the future of where everything is going. And
• 10:05
  Speaker 1: I want to jump to a quick story real quick.
• 10:07
  Speaker 1: This is important and the headline reads it pretty starkingly
• 10:11
  Speaker 1: right here. Russian is preparing to use crypto for global
• 10:14
  Speaker 1: payments starting next week. They're going to begin a cryptocurrency trial.
• 10:18
  Speaker 1: Cross border transactions is September first, guys. This is just
• 10:20
  Speaker 1: around the corner. Parliament has now past legislation to do
• 10:24
  Speaker 1: this and then putin's course signed crypto related builds into law.
• 10:27
  Speaker 1: They're moving so fast on this. They understand along with
• 10:32
  Speaker 1: bricks nations that we'll probably see an integration of blockchain
• 10:35
  Speaker 1: and the next two layers of use case AI enabled,
• 10:39
  Speaker 1: but also blockchain as payments and also the interaction of
• 10:42
  Speaker 1: goods and services cross border. All of that is coming
• 10:45
  Speaker 1: to a head, as I said, the trifecta of this technology.
• 10:49
  Speaker 1: All right, So another story right here, global liquidity surge
• 10:52
  Speaker 1: is to all time high, hitting ninety five trillion, as
• 10:54
  Speaker 1: bitcoin is set for a bull run, and I think
• 10:56
  Speaker 1: there's a couple of points within this that you have
• 10:58
  Speaker 1: to consider. Historically, an increase in global liquidity has often
• 11:02
  Speaker 1: led to significant runs, which most likely will occur again.
• 11:06
  Speaker 1: Now we got another money wall coming at us, and
• 11:09
  Speaker 1: I think this is just the beginning. So if you're
• 11:11
  Speaker 1: not in right now, maybe this is the time you
• 11:13
  Speaker 1: take a step and say, maybe I need to diversify
• 11:16
  Speaker 1: my portfolio. Not investment advice, but you got to look
• 11:18
  Speaker 1: at the technology that is all coming together at one time,
• 11:22
  Speaker 1: and I think that's the key that you have to
• 11:24
  Speaker 1: pay attention to. All right, So let me go to
• 11:26
  Speaker 1: a story real quick here black Rock and Greyscale ETFs
• 11:29
  Speaker 1: holding near three percent of all circulating bitcoin. That's a
• 11:32
  Speaker 1: big think. This is just as you Remember, all of
• 11:34
  Speaker 1: this has just happened this year, so imagine what this
• 11:36
  Speaker 1: is going to look like in eighteen months, twenty four months,
• 11:38
  Speaker 1: thirty six months. We're going to see a very dynamic
• 11:42
  Speaker 1: opportunity here. And I want to continue on with this story.
• 11:45
  Speaker 1: Right here. Ethtfs have also bled a little bit money,
• 11:48
  Speaker 1: but it's not necessarily the whole story. Let me zoom
• 11:50
  Speaker 1: in on this because I want to share coints within this.
• 11:55
  Speaker 1: Many people would look at this and says, okay, well
• 11:56
  Speaker 1: this is bad. It's been a dud. Well maybe not
• 11:59
  Speaker 1: some more so much which black Rock. I shall of
• 12:01
  Speaker 1: course past one billion of net inflows, making it the
• 12:04
  Speaker 1: seventh most successful ETF launch this year. This year we've
• 12:09
  Speaker 1: seen bitcoin ETF launches along with a slew of other
• 12:13
  Speaker 1: traditional ets and for eight, I think this is a
• 12:18
  Speaker 1: very successful opportunity going forward. I want to jump to
• 12:20
  Speaker 1: a tweet and this is kind of representing just more
• 12:24
  Speaker 1: strengthened in what's happening within e Donald Trump has made
• 12:27
  Speaker 1: over a million in ETH right now and made over
• 12:30
  Speaker 1: seven million NFT royalties, all of that riding on eight.
• 12:33
  Speaker 1: So he kind of gets I don't know if he does,
• 12:35
  Speaker 1: but I definitely understand his campaign and his group from
• 12:38
  Speaker 1: his strategy team gets it all right. So I want
• 12:41
  Speaker 1: to jump to a clip that shows a little bit
• 12:43
  Speaker 1: more about what Trump has done from a strategy standpoint
• 12:46
  Speaker 1: in utilizing NFTs. Take a look.
• 12:49
  Speaker 4: By popular demand, I'm doing a new series of Trump
• 12:52
  Speaker 4: Digital Trading cards. You all know what they are. We've
• 12:55
  Speaker 4: had a lot of fun with them. These cards show
• 12:57
  Speaker 4: me dancing and even beholding some bitcoin. Purchase fifteen or
• 13:01
  Speaker 4: more of my Trump Digital Trading cards, and we'll mail
• 13:04
  Speaker 4: you a beautiful physical trading card. It's really, I think
• 13:09
  Speaker 4: quite something. Each physical trading card has an authentic piece
• 13:13
  Speaker 4: of my suit that I wore for the presidential debate,
• 13:16
  Speaker 4: and people are calling it the knockout suit. I don't
• 13:19
  Speaker 4: know about that, but that's what they're calling it. So
• 13:21
  Speaker 4: we'll cut up the knockout suit and you're going to
• 13:24
  Speaker 4: get a piece of it, and we'll be randomly autographing
• 13:28
  Speaker 4: five of them. You know, they call me the crypto President.
• 13:32
  Speaker 4: I don't know if that's true or not, but a
• 13:33
  Speaker 4: lot of people are saying that. So don't miss out
• 13:36
  Speaker 4: the fight.
• 13:37
  Speaker 1: Figure all right, So a lot happening there, and I
• 13:45
  Speaker 1: think you know, if you like Trump, you don't like Trump,
• 13:47
  Speaker 1: whatever might be. The key here is that we have
• 13:50
  Speaker 1: an administration that has been fighting us tooth and nail
• 13:55
  Speaker 1: about where crypto is going. You guys have to remember that.
• 13:58
  Speaker 1: And I want to show a tweet here from Hogan
• 14:00
  Speaker 1: that's kind of interesting, and that's this right here. You
• 14:04
  Speaker 1: look at what Matt is saying. Since Harris replaced Biden,
• 14:07
  Speaker 1: Bitcoin down eight percent, eight down, twenty six. Ethereum has
• 14:12
  Speaker 1: more exposure to the election outcome than Bitcoin. So I
• 14:18
  Speaker 1: just don't know the fact that we see more and
• 14:21
  Speaker 1: more pressure coming from the Democratic side on this area,
• 14:23
  Speaker 1: I think is just mind boggling to me. I want
• 14:26
  Speaker 1: to also go into this right here, because this is
• 14:28
  Speaker 1: something that is news that is starting to hit and
• 14:30
  Speaker 1: this is only more innovation in blockchain. Ether is over
• 14:34
  Speaker 1: at games Con. A lot of happening within the eighth
• 14:37
  Speaker 1: Or network. You guys, of course have to follow along,
• 14:39
  Speaker 1: but if you just see what Ather is doing between
• 14:42
  Speaker 1: September two and the sixth, they're going to be at
• 14:44
  Speaker 1: eighteen different events across what will be the most significant
• 14:48
  Speaker 1: annual Web three conferences in Southeast Asia. We've talked about
• 14:52
  Speaker 1: this before Tokun twenty forty nine WebEx all that happening.
• 14:56
  Speaker 1: Here is a lineup right here of Daniel Wang is
• 15:00
  Speaker 1: the CEO over at Ether. Look at the lineup. He
• 15:03
  Speaker 1: is working with scaling blockchain for mass adoption in d PEN,
• 15:07
  Speaker 1: all right, and then we have the role of decentralized
• 15:11
  Speaker 1: centralization in AI. So this is again just more blockchain
• 15:15
  Speaker 1: integration that I think is just further proof guys that
• 15:20
  Speaker 1: we are nearing maybe a blockchain, blockchain and AI integration. Which,
• 15:26
  Speaker 1: of course, if you're following most of these tokens and
• 15:28
  Speaker 1: you're not, you've got to subscribe to the channel because
• 15:31
  Speaker 1: these are the kind of things we talk about all
• 15:32
  Speaker 1: the time. All Right, you guys, I'm gonna be back
• 15:34
  Speaker 1: in studio tomorrow. It's going to be a fantastic week.
• 15:37
  Speaker 1: You've got to subscribe to the channel. And of course,
• 15:40
  Speaker 1: if you're not following me on X do that. It's
• 15:42
  Speaker 1: just at Paul Baron. We'll catch you next time right
• 15:44
  Speaker 1: here on tech Path