Latest / The Paul Barron Crypto Show / Bitcoin & Ethereum ETF's Exploding!🚀
Transcript
- 0:06Speaker 1: ETFs are booming a lot of activity around this and
- 0:08Speaker 1: it's not just bitcoin. We'll break it all down for
- 0:10Speaker 1: you today. My name is Paul Bara. Welcome back into
- 0:12Speaker 1: tech path. I want to thank our sponsor today and
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- 0:59Speaker 1: down below. It does help the channel let's jump over
- 1:01Speaker 1: to this first article, YouTube viewers. YouTube views, I should say,
- 1:05Speaker 1: of crypto influencer content now hitting a twelve month high,
- 1:08Speaker 1: I anticipate we're probably going to see more of this
- 1:11Speaker 1: right now with a lot of the top channels. Remember
- 1:14Speaker 1: there's a lot of new people coming into crypto. We're
- 1:16Speaker 1: starting to see retail show up for the first time.
- 1:19Speaker 1: Most likely they're going to go out, you know, in
- 1:22Speaker 1: enjoy channels like ours. And by the way, if you're
- 1:24Speaker 1: not subscribe to the channel, do it right now. Just
- 1:25Speaker 1: go ahead, click that little button, hit the little bell
- 1:28Speaker 1: as well, because you'll get notified when we do our
- 1:29Speaker 1: live streams, and those are the ones you want to
- 1:31Speaker 1: catch for sure, and they'll give you a notification, So
- 1:33Speaker 1: do that. But with this happening all right now, all
- 1:37Speaker 1: this is a very good trend toward a very accelerated
- 1:41Speaker 1: cycle coming in, So watch it very closely. This is
- 1:44Speaker 1: where it all begins. The other thing you want to
- 1:46Speaker 1: watch closely is, of course the moves of Blackrock. Blackrock
- 1:49Speaker 1: has been the leader when it comes to not only
- 1:51Speaker 1: real world lasts, but what's happening in the ETF zones.
- 1:54Speaker 1: And one thing that if you look at just some
- 1:56Speaker 1: of the milestones crossed half a million bitcoin aum, taken
- 2:00Speaker 1: price on bixcoin, bolstered ETF inflow sentiment. We continue to
- 2:04Speaker 1: see that and then more push into the ETF market,
- 2:07Speaker 1: which might help the you know, the bitcoin price start
- 2:10Speaker 1: to come above this heavy resistance around one hundred k,
- 2:14Speaker 1: because this is like a definitely a wall that has
- 2:16Speaker 1: not been able to be breached. Other things that are
- 2:19Speaker 1: playing into this black rock and fidelities spot Bitcoin ETFs
- 2:23Speaker 1: did combined two point four billion in trading volume today,
- 2:27Speaker 1: So this is I mean to see this kind of
- 2:30Speaker 1: movement in an asset like bitcoin, which is already a
- 2:33Speaker 1: big one. This is pretty pretty daunting because I think
- 2:37Speaker 1: this isn't one it's bullish. The other thing is is
- 2:40Speaker 1: I think this is only reaffirming the fact that we're
- 2:43Speaker 1: going to see so much happening from Wall Street in
- 2:46Speaker 1: this cycle. Other things to watch right here, of course
- 2:49Speaker 1: is Ethereum. As we know today, eth is starting to
- 2:51Speaker 1: clip above thirty eight hundred ETHTF. Monthly foes flows are
- 2:55Speaker 1: surging past a billion, so this is going to impact price.
- 2:58Speaker 1: I anticipate this is going to continue to impact some price.
- 3:01Speaker 1: We'll probably see some institutional interest starting to shift over
- 3:04Speaker 1: to it and kind of see the movement on it quickly.
- 3:07Speaker 1: And if you also look right here in terms of cycles,
- 3:11Speaker 1: and this is interesting when you look at cycles. This
- 3:14Speaker 1: is a particular person is saying, maybe the cycle is over,
- 3:18Speaker 1: but Master is buying the entire near new supply. We're
- 3:21Speaker 1: also seeing copycats other people trying to mirror what Master
- 3:25Speaker 1: is doing micro strategies. And then of course Nation States
- 3:28Speaker 1: jumping into a lot more bitcoin reserves. The United States
- 3:32Speaker 1: most likely will be there as well. So what is
- 3:34Speaker 1: your opinion? Do you think this cycle is done or
- 3:37Speaker 1: do you think this is just beginning? Drop some comments
- 3:39Speaker 1: down below. Let me know. I got to talk about this.
- 3:42Speaker 1: And this is Mark Moss, good friend of the channel.
- 3:44Speaker 1: He's been on a couple of times. He's reporting that
- 3:47Speaker 1: Sailor has had another meeting with Microsoft, and now this
- 3:51Speaker 1: is a I would say this is an important meeting
- 3:53Speaker 1: because it will set the stage for how major Fortune
- 3:57Speaker 1: five hundred companies are addressing bitcoin on the balance sheet.
- 4:01Speaker 1: So he knows how important this is. I want to
- 4:04Speaker 1: go to a clip where he talks a little bit
- 4:05Speaker 1: about this. Take a look.
- 4:07Speaker 2: Microsoft can't afford to miss the next technology wave, and
- 4:11Speaker 2: bitcoin is that wave, and it is backed by digital
- 4:15Speaker 2: power along with political and economic power. It makes a
- 4:19Speaker 2: lot more sense to buy bitcoin than to buy your
- 4:21Speaker 2: own stock back, or to hold bitcoin rather than holding bonds.
- 4:26Speaker 2: And those bonds are undermining your options market and your
- 4:29Speaker 2: equity liquidity. You've surrendered hundreds of billions of dollars of
- 4:33Speaker 2: capital over the past five years, and you've just amplified
- 4:37Speaker 2: the risks that your own shareholders face. If you want
- 4:40Speaker 2: to escape that vicious cycle, you're going to need an
- 4:43Speaker 2: asset without counterparty risk. So do the right thing for
- 4:48Speaker 2: the world and adopt bitcoin.
- 4:51Speaker 1: I think he should have been a little bit more
- 4:53Speaker 1: upbeat on that, but because those are some very good
- 4:56Speaker 1: points that say there's making But the interesting thing here
- 5:00Speaker 1: I think he has going for him, and that is
- 5:03Speaker 1: he's walked the walk. He's done it. He's already been
- 5:05Speaker 1: able to prove that this particular strategy works if Microsoft
- 5:09Speaker 1: is ready to step out into it. And the one
- 5:11Speaker 1: thing that Microsoft is trying to do is differentiate right
- 5:14Speaker 1: now because there are some issues in the market of competition,
- 5:17Speaker 1: especially around the top three or four tech companies. You've
- 5:21Speaker 1: got metaflying, Apple is struggling a little bit. Google is
- 5:24Speaker 1: starting to move so heavily into AI, and of course Microsoft.
- 5:28Speaker 1: I think this would be another advantage for Microsoft. So
- 5:31Speaker 1: will they do it? I anticipate that they will. I'm
- 5:34Speaker 1: kind of predicting that the question will be when and
- 5:37Speaker 1: when they do, Will Bitcoin respond immediately? I think yes,
- 5:41Speaker 1: it would. His likelihood is if they go in, they're
- 5:43Speaker 1: going to go in big. Let's go into a couple
- 5:46Speaker 1: other points. Right here, justin soun, he's also doing a
- 5:48Speaker 1: little bit of copy trading. Right here, He's saying, hey,
- 5:51Speaker 1: let's go in and grab some additional single day push
- 5:56Speaker 1: of buying more tron tokens. This, of course is very
- 5:58Speaker 1: similar to what Michael Saylor is doing buying his own stock.
- 6:02Speaker 1: And of course Tron is trying to adapt or adopt
- 6:05Speaker 1: micro Strategy's playbook. I don't know if it will work,
- 6:08Speaker 1: but it definitely is a good strategy. I think in general,
- 6:11Speaker 1: nice move, not bad. We'll see other things that are happening.
- 6:14Speaker 1: Of course, Nation States El Salvador's next bridge raised thirty
- 6:18Speaker 1: million by tokenizing US Treasury bill, so again using a
- 6:23Speaker 1: lot of the same playbook. Of course, El Salvador has
- 6:26Speaker 1: been one of the leaders out there. If they were bigger,
- 6:29Speaker 1: they would really make a splash, I think, just on
- 6:31Speaker 1: their strategy. Other things that are happening out there. You
- 6:33Speaker 1: got to look at mayor Adams out of New York.
- 6:36Speaker 1: This is a good clip. Let me play it for you, guys,
- 6:37Speaker 1: see what you think.
- 6:38Speaker 3: We should not be afraid of bigcoin. Ma Andy, y'all
- 6:41Speaker 3: laughed at me when I first got my bitcoin. Who's laughing?
- 6:44Speaker 3: Now go look at my bitcoin. Now you'll all mock me.
- 6:49Speaker 3: You're taking your first fleet paychecks in bitcoin? What's wrong
- 6:51Speaker 3: with you?
- 6:52Speaker 2: Now?
- 6:52Speaker 3: You wish you would have done it, you know.
- 6:55Speaker 1: But I you know, I love to see those kind
- 6:57Speaker 1: of things going on, other things that are happening out there.
- 7:00Speaker 1: This is a big one. We did a breakout on
- 7:02Speaker 1: our Twitter account. By the way, if you guys are
- 7:04Speaker 1: not following us over on Paul Baron TV, do that.
- 7:07Speaker 1: That's our main Twitter account for the studio here. So
- 7:11Speaker 1: we put a lot of breaking news out on this one.
- 7:13Speaker 1: We also put a lot of our clips out on this,
- 7:14Speaker 1: so go check it out. Avalanche token is real world
- 7:17Speaker 1: assets quietly going parabolic right now. As you can see
- 7:21Speaker 1: the growth holding at number five and guess what, man
- 7:24Speaker 1: it is really starting to move, so RWA's maybe Avalanche
- 7:28Speaker 1: is the chain to watch. Also, just in sec has
- 7:32Speaker 1: also filed for a bit wise ten crypto index ETF.
- 7:36Speaker 1: We'll most likely see everything coming in kind of like
- 7:39Speaker 1: the kitchen sink. You've got Bitcoin EA, Solana XRP Cardono
- 7:43Speaker 1: in their Avalanche chain link. Guys, this could be a
- 7:48Speaker 1: good one, so keep an eye on that. These are
- 7:50Speaker 1: all very bullish signs for crypto in general. Last up,
- 7:53Speaker 1: what we're going to do right here, of course, is
- 7:55Speaker 1: just Balshooni is tweeting retweeting James Seifert talking about the
- 7:59Speaker 1: potential for gray scale and a Salana trust for an ETF.
- 8:04Speaker 1: So one of the big news item is Ripples rl
- 8:06Speaker 1: USD is launching today literally as we're recording, might already
- 8:10Speaker 1: be launched. A couple of points that are happening one
- 8:12Speaker 1: hundred percent supported by US dollar deposits. This will be
- 8:15Speaker 1: very bullish. Remember this is the only stable coin that's
- 8:19Speaker 1: going to be approved in the United States. It'll be
- 8:22Speaker 1: done out of New York, so this is a huge
- 8:24Speaker 1: step in the right direction. So it's possible that it
- 8:27Speaker 1: could pose a significant challenge to establish participants such as Circle,
- 8:32Speaker 1: and definitely tether. Remember we've got to have a US.
- 8:35Speaker 1: Could US token end up being rl USD that's a
- 8:39Speaker 1: big question. I think the XRP holders would love that one.
- 8:42Speaker 1: All right, guys, if you're not subscribed to the channel,
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- 8:57Speaker 1: of Tangent wallets with the custom rings this week, so
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- 9:07Speaker 1: on the show coming up this week, so be on
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