Latest / The Paul Barron Crypto Show / Saylor & Tom Lee Buy More Bitcoin & ETH📈Supply Shock Incoming?

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Saylor & Tom Lee Buy More Bitcoin & ETH📈Supply Shock Incoming? · The Paul Barron Crypto Show

• 0:00
  Speaker 1: A supply shock could be incoming, retail could follow in today.
• 0:03
  Speaker 1: We'll break it down for you. It's going to be
• 0:04
  Speaker 1: a good one. Let's just jump into it. I do
• 0:06
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• 0:08
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• 0:12
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• 0:15
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• 0:17
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• 0:21
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• 0:26
  Speaker 2: So check it out. You guys can use our link.
• 0:28
  Speaker 1: It's going to give you a one hundred dollars funding
• 0:30
  Speaker 1: reward just to get started. Always consult your tax advisors
• 0:34
  Speaker 1: as you set these up, but this is a good
• 0:36
  Speaker 1: way to diversify, so get into it. Let's go over
• 0:39
  Speaker 1: to a couple of points. I want to lead off
• 0:41
  Speaker 1: with one thing to watch right now for this week,
• 0:43
  Speaker 1: of course, is earnings week, kind of the super Bowl
• 0:46
  Speaker 1: of earnings, and the big ones are going to be
• 0:49
  Speaker 1: on mostly Wednesday, even though Robinhood will be on Tuesday.
• 0:53
  Speaker 1: You've got Amazon, Microsoft, Mata, Google, Qualcom, Sofi in there,
• 0:57
  Speaker 1: and then Apple coming in, Roadblocks coming in, Rivian in there.
• 1:00
  Speaker 1: If you want to see what's happening there. Roku will
• 1:02
  Speaker 1: be there and a handful of others. But the key here,
• 1:06
  Speaker 1: I think are mostly the tech players to keep a
• 1:08
  Speaker 1: very close eye on because we have seen some movement
• 1:11
  Speaker 1: on these and if with this many of them happening
• 1:14
  Speaker 1: at the same week, this is the kind of scenario
• 1:18
  Speaker 1: that we could see playing out.
• 1:19
  Speaker 2: There's the S and P.
• 1:20
  Speaker 1: Forty two percent of the S ANDP is now reporting earnings,
• 1:23
  Speaker 1: so almost half of the entire S and P five.
• 1:26
  Speaker 2: Hundred reporting this week.
• 1:28
  Speaker 1: So if they come in with bad earnings, this could
• 1:31
  Speaker 1: be one of the trickle components that starts to put
• 1:33
  Speaker 1: a little pressure on the market. As you see Microsoft
• 1:36
  Speaker 1: dropping five percent and open Ai, especially as they restructure
• 1:39
  Speaker 1: their deal. This is going to put the kind of
• 1:42
  Speaker 1: pressure I think on a lot of these earnings calls
• 1:45
  Speaker 1: that are basically going to be announcing these things, so
• 1:47
  Speaker 1: you will see activity in the market. Do we see
• 1:50
  Speaker 1: this pull back dramatically on the S ANDP. That's the
• 1:53
  Speaker 1: real question that everybody is looking at, because remember we're
• 1:56
  Speaker 1: still considering the S and P five hundred as potentially
• 2:01
  Speaker 1: having a major correction. Other things you have to concern
• 2:04
  Speaker 1: yourself with and This is Elizabeth Warren is the big
• 2:08
  Speaker 1: tech is building an AI bubble, same dangerous playbook we
• 2:11
  Speaker 1: saw in two.
• 2:11
  Speaker 2: Thousand and eight.
• 2:13
  Speaker 1: Notice though she didn't mention clarity in here or crypto.
• 2:18
  Speaker 2: So is she going to back off of that?
• 2:20
  Speaker 1: I'm not sure, but the point is she's out there
• 2:23
  Speaker 1: talking about this in terms of tech companies potentially causing
• 2:27
  Speaker 1: another major impact on the market. All right, so we've
• 2:30
  Speaker 1: got some other news here. This, of course is the
• 2:32
  Speaker 1: central banks. You've got the FOMC meeting happening this week.
• 2:35
  Speaker 1: This will be Chair Palell's final FOMC meeting. Also, the
• 2:39
  Speaker 1: ECB and the BOE are also going out this week.
• 2:42
  Speaker 1: In terms of how the markets are going to respond
• 2:46
  Speaker 1: in reference to rate cuts, now, many people would say,
• 2:49
  Speaker 1: is and will we get a rate cut this week
• 2:52
  Speaker 1: on maybe Chair Pal's last installment of the FOMC. Well,
• 2:57
  Speaker 1: the point is right now forty one percent holding it zero.
• 3:00
  Speaker 1: So no rate cut, no rate increase happening right now,
• 3:05
  Speaker 1: at least on forty one percent. You get a quarter
• 3:08
  Speaker 1: basis at the nearest next level, which is twenty nine percent,
• 3:11
  Speaker 1: So there's still a little bit of possibility for a raycut,
• 3:14
  Speaker 1: but it'd be interesting to see if Chaera Powell actually
• 3:17
  Speaker 1: did that. I don't think there will be one, but
• 3:19
  Speaker 1: we'll find out this week. US Department of Justice has
• 3:24
  Speaker 1: now dropped their criminal probe against Chera Powell. That was
• 3:27
  Speaker 1: a very big issue because there are things that had
• 3:30
  Speaker 1: to happen for warsh to get nominated or at least
• 3:34
  Speaker 1: through his nomination, and.
• 3:36
  Speaker 2: This was one of them.
• 3:37
  Speaker 1: And of course this statement here, I think is going
• 3:39
  Speaker 1: to be a big one at least moving forward. But
• 3:42
  Speaker 1: that doesn't necessarily mean that this is over yet. I
• 3:44
  Speaker 1: want to play a clip for you to take a look.
• 3:47
  Speaker 3: Where do you think about what we've come up with,
• 3:50
  Speaker 3: just in terms of all of this, while we're also
• 3:52
  Speaker 3: in the middle of earning season, let.
• 3:53
  Speaker 4: Me say that I don't think the drama surrounding Jay.
• 3:57
  Speaker 2: Powell is over.
• 3:59
  Speaker 4: And we all know that he won't be chairman and
• 4:03
  Speaker 4: that's okay, but we know he has two more years
• 4:07
  Speaker 4: that he could serve if he wants, and at that
• 4:10
  Speaker 4: last meeting he seemed to make it clear unless I
• 4:13
  Speaker 4: am exonerated, completely exonerated, you know I will stay on.
• 4:20
  Speaker 4: He will be the second most powerful person there after Warship.
• 4:24
  Speaker 2: The criminal charges are dropped he wants out too. I
• 4:28
  Speaker 2: think he wants to get as far away as he can.
• 4:30
  Speaker 2: I don't think he wants to be a thorn in
• 4:31
  Speaker 2: the side like a gadfly.
• 4:33
  Speaker 3: But even if he stayed, I don't know that he
• 4:35
  Speaker 3: would try and kick things up and be a dissenter necessarily.
• 4:41
  Speaker 3: I don't see him as somebody who's an activist. I
• 4:44
  Speaker 3: see him as somebody who basically has always kind of
• 4:46
  Speaker 3: voted with what he thinks is the right move.
• 4:49
  Speaker 4: Don't forget him staying denies Trump another one of his picks.
• 4:54
  Speaker 4: You know, if he really wants to change the course
• 4:57
  Speaker 4: of the FED, he needs as many picks as possible.
• 5:00
  Speaker 4: In the Wednesday news conference that we're going to get
• 5:04
  Speaker 4: a two thirty, I think that's probably the most interesting
• 5:07
  Speaker 4: thing that's going to happen.
• 5:10
  Speaker 1: Okay, So I don't know. Let me know when the
• 5:12
  Speaker 1: comments down below. If you guys think Powell would stay
• 5:15
  Speaker 1: on just to you know, Spike Trump, I don't know
• 5:18
  Speaker 1: that he does, especially under the consideration that they've dropped
• 5:21
  Speaker 1: all the charges against him. Zach Pandel hit it right here.
• 5:24
  Speaker 1: Domino two has fallen. Senator Tillis is now prepared to
• 5:28
  Speaker 1: end the blockade. Of the FED chair nominee Kevin Walsh.
• 5:32
  Speaker 1: And remember these were the dominoes that have to happen
• 5:35
  Speaker 1: to go into the Clarity Act.
• 5:36
  Speaker 2: One.
• 5:37
  Speaker 1: Trump takes the off ramp for the FED, takes off
• 5:39
  Speaker 1: ramp from FED investigation.
• 5:41
  Speaker 2: He did that. Now this is a big one.
• 5:43
  Speaker 1: The Center Banking Committee confirms Kevin that it looks like
• 5:45
  Speaker 1: it's going to happen. That of course gives them full
• 5:48
  Speaker 1: focus on clarity. So that is a very key thing.
• 5:52
  Speaker 1: It's interesting that the FED and the new chair are
• 5:56
  Speaker 1: kind of the roadblock right now of what's happening with clarity.
• 6:00
  Speaker 1: So Justin Goldman Sachs says that fedchair change to Kevin
• 6:03
  Speaker 1: Walsh wouldn't speed rate cuts. I don't know if I'm
• 6:06
  Speaker 1: in agreement with this. I don't know that this will
• 6:09
  Speaker 1: still be the case. I don't know that the situation
• 6:12
  Speaker 1: is there for a rate cut just yet. But if
• 6:14
  Speaker 1: you listen to what Worsh says, often he's talking about
• 6:18
  Speaker 1: restructuring the way the policy has done and the way
• 6:21
  Speaker 1: that he looks at inflation not being necessarily driven off
• 6:25
  Speaker 1: of tariffs. I think there may be a window here.
• 6:27
  Speaker 1: He may pull a surprise, just so you guys know
• 6:30
  Speaker 1: this has been a big issue for a bitcoin in
• 6:33
  Speaker 1: the past. Janet Yellen in twenty fourteen, Bitcoin dumped eighty four.
• 6:38
  Speaker 1: Palell became FED chair in twenty eighteen, Bitcoin dump seventy three,
• 6:42
  Speaker 1: and now here we are now Palell gets his second
• 6:45
  Speaker 1: term Bitcoin dump sixty one, and now we're getting ready
• 6:47
  Speaker 1: to roll.
• 6:48
  Speaker 2: Into Kevin Walsh.
• 6:49
  Speaker 1: What happens with bitcoin this time around when a new
• 6:52
  Speaker 1: FED chair is appointed. Other things to look at right
• 6:57
  Speaker 1: now as to whether or not retail is back, because
• 7:00
  Speaker 1: we'll get into this and Sailor is kind of the
• 7:03
  Speaker 1: center of this and what does that mean for bitcoin.
• 7:06
  Speaker 1: Peter Schiff kind of hits on this thing. I don't
• 7:08
  Speaker 1: know if I agree with anything Peter talks about. I
• 7:11
  Speaker 1: do like gold because just diversify your assets. But he's saying,
• 7:15
  Speaker 1: Sailor predicted that bitcoin hit one million per coin. If
• 7:19
  Speaker 1: Master accumulated five percent of spot Master now owns three
• 7:22
  Speaker 1: point nine If buying the next two undred and thirty
• 7:24
  Speaker 1: one thousand has the same impact on Bitcoin's price as
• 7:27
  Speaker 1: buying the last two and thirty one, bitcoin will be
• 7:30
  Speaker 1: below sixty k when it hits the five percent. Do
• 7:33
  Speaker 1: you think that is the case under the current macro environment,
• 7:37
  Speaker 1: because I think the macro environment will flow into this
• 7:41
  Speaker 1: and move these markets in different ways. And I think
• 7:44
  Speaker 1: a lot of people are preparing for Let me go
• 7:47
  Speaker 1: to a clip of another angle for bitcoin and its trajectory,
• 7:52
  Speaker 1: and this is coming in from Arthur Hayes.
• 7:53
  Speaker 2: Take a look.
• 7:55
  Speaker 5: How do we get to craziness? How do we get
• 7:57
  Speaker 5: to bitcoin at a million? And it starts with understanding
• 8:00
  Speaker 5: how the FED votes, which board does what, and how
• 8:02
  Speaker 5: we get to the eventual outcome that essentially yields to
• 8:05
  Speaker 5: yield curve control. Now we are into quantitative easing because
• 8:08
  Speaker 5: Besson has all this debt he needs to issue right now.
• 8:11
  Speaker 5: He's not issuing that the long end. He's afraid just
• 8:13
  Speaker 5: like bad girl Yellens. He was afraid of the long end.
• 8:15
  Speaker 5: Butuffalo Bill Best's afraid of the long end. It's all
• 8:17
  Speaker 5: in the short end. Which is why the Genius Act
• 8:19
  Speaker 5: and all the stable core regulation is so pertinent, because
• 8:21
  Speaker 5: they need a price in elastic buyer of these treasury
• 8:24
  Speaker 5: bonds or bills at any price. But if they have
• 8:27
  Speaker 5: control the FOMC, who agrees that yield curve control is
• 8:31
  Speaker 5: necessary to accomplish the political industrial goals of the American
• 8:35
  Speaker 5: and Trump administration. Then now Besson can issue trillion of
• 8:38
  Speaker 5: dollars of debt, and the FED is going to buy
• 8:40
  Speaker 5: majority of these bonds, and so we get seven and
• 8:42
  Speaker 5: a half trillion dollars effectively have Fed credit creation. That's
• 8:45
  Speaker 5: how much their balance he grows between now and twenty
• 8:48
  Speaker 5: twenty eight. The second piece is this bank credit creation.
• 8:51
  Speaker 5: So we have three years, multiply by three finger in
• 8:53
  Speaker 5: the air mass and then totally get to fifteen point
• 8:55
  Speaker 5: two trillion dollars of credit creation. What if we do
• 8:58
  Speaker 5: it when the Fed and the Treasure are working together
• 9:01
  Speaker 5: to print money and send in their terms, the American
• 9:04
  Speaker 5: economy into Valhalla, we get bitcoin one million dollars plus.
• 9:07
  Speaker 5: And so this is why I'm very confident that the
• 9:10
  Speaker 5: four year cycle is not really applicable to this particular cycle.
• 9:14
  Speaker 5: We are in a reindustrialization of a military belligerent, and
• 9:17
  Speaker 5: this is what's going to happen if they are able
• 9:19
  Speaker 5: to gain control of all the levers of monetary policy.
• 9:22
  Speaker 5: And believe me, they're very motivated.
• 9:26
  Speaker 1: Okay, so I'm a little bit taken back by that
• 9:28
  Speaker 1: clip because the first time I saw this one. Sometimes
• 9:30
  Speaker 1: the guys will drop these in on shows, but a
• 9:33
  Speaker 1: couple of things that he hits on there first. The
• 9:35
  Speaker 1: acceleration would have to happen in the next two years
• 9:39
  Speaker 1: because of this administration, the alignment of the current US Treasury,
• 9:44
  Speaker 1: and what's happening with the Fed.
• 9:46
  Speaker 2: Now.
• 9:46
  Speaker 1: Granted Walsh will play through this administration and onto the next,
• 9:50
  Speaker 1: so there could be some lag over there. The other
• 9:52
  Speaker 1: thing you have to consider is the implementation of how
• 9:55
  Speaker 1: involved Trump is in bitcoin and I say Trump the
• 9:58
  Speaker 1: family is involved. That makes me think that maybe is
• 10:03
  Speaker 1: there some secret plan here or is it just right
• 10:05
  Speaker 1: out in the open. We're going to just go all
• 10:07
  Speaker 1: the way in and restructure the entire financial system in
• 10:12
  Speaker 1: the next twenty four months. If he is right, then
• 10:16
  Speaker 1: it would be joining the lynn Alden and that is
• 10:18
  Speaker 1: nothing stops his train. And the point they're getting at
• 10:20
  Speaker 1: is if you look at federal expenditures in real time,
• 10:23
  Speaker 1: because that's really you know, this is interesting because Walsh
• 10:27
  Speaker 1: talked about this the other day in the congressional hearing.
• 10:31
  Speaker 1: Was he actually addressed the issue. The reason that we're
• 10:34
  Speaker 1: having inflation is because Congress is spending too much money
• 10:38
  Speaker 1: and we're printing too much money.
• 10:39
  Speaker 2: That's his theory.
• 10:40
  Speaker 1: That's a different take than what we've seen on implementations
• 10:44
  Speaker 1: of what has happened from the Palell regime, which looks
• 10:47
  Speaker 1: more towards tariff's and rising costs of other things such
• 10:51
  Speaker 1: as fuel, energy, et cetera. So that in itself does
• 10:56
  Speaker 1: kind of I think align here with what Arthur saying,
• 11:01
  Speaker 1: I don't know this would be. This would be an
• 11:03
  Speaker 1: unbelievable move if that happens, and if that kind of
• 11:06
  Speaker 1: move on Bitcoin O Man, the uses would take a
• 11:10
  Speaker 1: fairly a significant role going forward. Bitcoin ETF, though continues
• 11:16
  Speaker 1: its rise now nine consecutive days of inflows, longest streaks
• 11:20
  Speaker 1: in September another good indicator.
• 11:22
  Speaker 2: However, many people still looking.
• 11:23
  Speaker 1: At could we see a little bit of a retracement
• 11:26
  Speaker 1: before we see this blowoff top and lining up because
• 11:30
  Speaker 1: the FED chair, what's happening in the Middle East, what's
• 11:34
  Speaker 1: going on right now in ETFs, and the S and
• 11:36
  Speaker 1: P timing here is just very unique for all of
• 11:39
  Speaker 1: these things centered around with what's happening with bitcoin, which
• 11:43
  Speaker 1: is sailor going in and adding another thirty two hundred
• 11:46
  Speaker 1: and bitcoin.
• 11:47
  Speaker 2: One thing to.
• 11:47
  Speaker 1: Note here is the purchases now made at this seventy
• 11:50
  Speaker 1: almost seventy eight thousand rises the strategy cost basis to
• 11:55
  Speaker 1: seventy five five.
• 11:57
  Speaker 2: For every bitcoin they own.
• 12:01
  Speaker 1: Wow, And you know we had the strategy team on
• 12:05
  Speaker 1: go back and watch that video because we had the
• 12:07
  Speaker 1: strategy CEO in here talking about stretch and some of
• 12:10
  Speaker 1: the strategies that they are using to implement this kind
• 12:13
  Speaker 1: of acquisition. If you look at it right here, sixty
• 12:16
  Speaker 1: three Bill, this is one of the bigger bubbles for
• 12:19
  Speaker 1: sure in some time, possibly the most big. Yeah, it's
• 12:22
  Speaker 1: pretty much all the way back into twenty twenty four
• 12:25
  Speaker 1: was the last time we saw these kind of purchases.
• 12:27
  Speaker 1: So continuing to purchase and continuing to build. Ohio State
• 12:32
  Speaker 1: has now got a teacher's pension fund that is disclosed
• 12:35
  Speaker 1: owning ninety three thousand shares of micro Strategy, so they themselves.
• 12:41
  Speaker 2: Are all in on this.
• 12:43
  Speaker 1: Then you've got a shift right now, which I agree
• 12:46
  Speaker 1: with Heidi here, and that is a big change right
• 12:49
  Speaker 1: now in who is speaking at the Bitcoin conference which
• 12:53
  Speaker 1: is happening literally is I think as we record this,
• 12:56
  Speaker 1: you've got Sailor of course Dorsey, But then you go
• 12:59
  Speaker 1: into Paul Adkins, Mike's selling, Eric Trump and of course
• 13:03
  Speaker 1: cash Betel. Come on, guys, this is a completely different
• 13:07
  Speaker 1: framework than I think most of the bitcoiners out there
• 13:09
  Speaker 1: had expected just a few short years ago.
• 13:13
  Speaker 2: And that's where we are, guys. So the question is
• 13:15
  Speaker 2: is retail back? Well, here's novagrats talking about it. Take
• 13:18
  Speaker 2: a look us.
• 13:19
  Speaker 6: Retail has come back period, end of story. And you
• 13:22
  Speaker 6: see it through the ets, but most of you see
• 13:26
  Speaker 6: it through micro Strategy. And he is selling stock, and
• 13:29
  Speaker 6: he is selling perpetuals, and he is buying bitcoin, and
• 13:33
  Speaker 6: his premium is expanding, not contracting. What it means by
• 13:37
  Speaker 6: now you're one hundred and thirty times nav. His m
• 13:42
  Speaker 6: NAV is one thirty relative to the bitcoin he owns.
• 13:46
  Speaker 6: He's almost the only guy that actually has this strategy
• 13:49
  Speaker 6: built in. You know, he had all these other dats
• 13:51
  Speaker 6: that tried it, they all traded discounts. But Michael has
• 13:56
  Speaker 6: managed to create this cult of people that trust him
• 14:02
  Speaker 6: and that buy micro Strategy as their Bitcoin proxy. They
• 14:07
  Speaker 6: buy it as micro strategy, and it's working. And that
• 14:10
  Speaker 6: is I mean, he bought too and a half billion
• 14:11
  Speaker 6: dollars a bitcoin last There's not enough supply to eat
• 14:14
  Speaker 6: up a billion a month from a billion a week
• 14:16
  Speaker 6: from Microsvelt.
• 14:19
  Speaker 1: All right, So a couple of points that Novilgratz hit
• 14:21
  Speaker 1: on there, even though I would challenge and say that
• 14:23
  Speaker 1: there there are other people out there that have done
• 14:26
  Speaker 1: and are executing on this strategy. One of course is
• 14:30
  Speaker 1: of course BM and R, and that's Tom Lee, who
• 14:33
  Speaker 1: also has accumulated nearly five million in EH closing in
• 14:38
  Speaker 1: on five percent of supply.
• 14:40
  Speaker 2: And the real.
• 14:41
  Speaker 1: Question will be and I would agree with the fact
• 14:43
  Speaker 1: that Novgratz is saying that Sailor has created a cult following,
• 14:48
  Speaker 1: for sure. I think the Bitcoin conference kind of has
• 14:51
  Speaker 1: elevated that over the years, and the you know, the
• 14:55
  Speaker 1: bitcoin whales have continued to elevate that. It's brought a
• 14:58
  Speaker 1: lot of people on board the ETF. You know, Sailors
• 15:01
  Speaker 1: always the one talking on major news networks. You get
• 15:04
  Speaker 1: that kind of ara built into it. So that I
• 15:06
  Speaker 1: agree with BM and R and Tom Lee isn't at
• 15:10
  Speaker 1: that level yet. Now Tom Lee does get called upon
• 15:14
  Speaker 1: a lot, but remember he's also in traditional securities. He's
• 15:19
  Speaker 1: also doing things I think within BM and R that's
• 15:22
  Speaker 1: a little bit different than what Strategy is doing with
• 15:25
  Speaker 1: all their derivative products, which is crazy. So I think
• 15:28
  Speaker 1: it may take some time for him to get to
• 15:30
  Speaker 1: that level. Tom Lead and bitmind now owned more than
• 15:32
  Speaker 1: five million in ETH.
• 15:34
  Speaker 2: That's two hundred thouve.
• 15:35
  Speaker 1: If you think about this, this is their holdings right now,
• 15:37
  Speaker 1: just two hundred bitcoin ninety four million in cash Beast Industries,
• 15:41
  Speaker 1: which we've talked about that here on the show, and
• 15:43
  Speaker 1: then Eco Steak, so four point two one of eth.
• 15:49
  Speaker 2: That's the supply.
• 15:50
  Speaker 1: They're getting close because his take rate now in terms
• 15:54
  Speaker 1: of getting more ethereum is happening faster and larger as
• 15:59
  Speaker 1: he starts to accumulate a lot more.
• 16:01
  Speaker 2: Here it is Ethereum.
• 16:02
  Speaker 1: Foundation so far as sold thirty three million of ETH
• 16:05
  Speaker 1: to bitmind, so they've been buying from the Eath Foundation.
• 16:08
  Speaker 1: Eventually that's going to run out, and you would be
• 16:11
  Speaker 1: looking at BM and R going to the market. So
• 16:14
  Speaker 1: let's see if this happens soon. And I think the
• 16:16
  Speaker 1: point that you know Tom Lee has talked about he
• 16:19
  Speaker 1: thinks this market at bottom is in which usually means
• 16:22
  Speaker 1: the acceleration. And we've been looking at this for some
• 16:24
  Speaker 1: time saying once he starts clipping on at one hundred
• 16:27
  Speaker 1: thousand eth at a whack, be ready, that might be
• 16:31
  Speaker 1: the lower end of ethereum if they are forced or
• 16:34
  Speaker 1: just because of supply issues even within the EATH Foundation,
• 16:38
  Speaker 1: if they are forced into open market, the same kind
• 16:41
  Speaker 1: of supply shot could occur on ethereum as well. So
• 16:44
  Speaker 1: there are some situations that line up very closely with what's.
• 16:47
  Speaker 2: Happening with bitcoin.
• 16:49
  Speaker 1: Because Bitcoin has been or i should say strategy has
• 16:51
  Speaker 1: been able to do this because of the variety of
• 16:53
  Speaker 1: products that they have brought to market, which is opening
• 16:56
  Speaker 1: up all these opportunities. Then you compile that with the ETFs,
• 17:01
  Speaker 1: and then of course these two companies that are out
• 17:03
  Speaker 1: there are just absolutely trying to pile on in both
• 17:06
  Speaker 1: these major assets.
• 17:07
  Speaker 2: Let's move over to.
• 17:08
  Speaker 1: DeFi right here, because Justin Sun backsave with another twenty
• 17:11
  Speaker 1: million push. Justin Sun says the tround, the tron, Dow
• 17:15
  Speaker 1: and AHTX are joining to supply another twenty million in
• 17:18
  Speaker 1: USDT taves.
• 17:19
  Speaker 2: Core V three market. This of course is big support.
• 17:23
  Speaker 1: You've got Solana Lily lub talking about this right here,
• 17:26
  Speaker 1: using their treasury to support the growth of Salona economy,
• 17:29
  Speaker 1: but also uh into DeFi, and I think the point
• 17:32
  Speaker 1: that we're getting at is DeFi is getting supported on
• 17:35
  Speaker 1: the fact that we are now seeing over three hundred million,
• 17:38
  Speaker 1: which is on the DeFi United dot e fund starting
• 17:43
  Speaker 1: to accelerate.
• 17:44
  Speaker 2: This hasn't been.
• 17:45
  Speaker 1: Completely moved in to getting these wallets unlocked, but the
• 17:49
  Speaker 1: fact that it's over three hundred million right now, I
• 17:51
  Speaker 1: think there is very very significant support of where DeFi
• 17:55
  Speaker 1: is heading. I love to see this because this is
• 17:57
  Speaker 1: what crypto really was designed for. The fact that we
• 18:00
  Speaker 1: have a community like this out there pushing for DeFi
• 18:02
  Speaker 1: is great. Another thing you want to consider right now
• 18:05
  Speaker 1: is how stable coins are playing to this. Here, of course,
• 18:07
  Speaker 1: is the Salona based stable coin. Remember when the announcement
• 18:10
  Speaker 1: of Solana and Western Union last year, I will be
• 18:13
  Speaker 1: the first to say I didn't think it was that
• 18:16
  Speaker 1: big a deal. You see now where they were going
• 18:19
  Speaker 1: with this. They are launching a stable coin next month.
• 18:23
  Speaker 1: The one thing that you have to consider and Western Union,
• 18:27
  Speaker 1: I'm the fact that they're doing this and they're doing
• 18:30
  Speaker 1: it this early tells me they are ready for I
• 18:35
  Speaker 1: think mainstream of this shift, because it's very possible that
• 18:39
  Speaker 1: the digital dollar, the stable coin makes it way makes
• 18:44
  Speaker 1: its way into these money market products out there in
• 18:47
  Speaker 1: terms of availability, because remember, access and distribution is what matters.
• 18:52
  Speaker 1: Most Western Union has massive distribution into retail. And I'm
• 18:57
  Speaker 1: talking about every individual across the planet uses this in
• 19:01
  Speaker 1: you know, I think it's one hundred and seventy countries.
• 19:04
  Speaker 1: This could be a much bigger deal than I think
• 19:06
  Speaker 1: a lot of people give it credit for. So kudos
• 19:08
  Speaker 1: to uh Salona forgetting that done. Let me go over
• 19:11
  Speaker 1: one other thing. I want to hit on a clip here.
• 19:13
  Speaker 1: This is Trump talking about the era of the United
• 19:18
  Speaker 1: States and why it's so important to be leaders in crypto.
• 19:22
  Speaker 2: Take a look.
• 19:23
  Speaker 7: We want to be China at the industry. We're leading
• 19:25
  Speaker 7: with crypto, We're leading with AI, and I really feel
• 19:29
  Speaker 7: I have an obligation from this as a president. I
• 19:32
  Speaker 7: have to be able to make sure that all of
• 19:35
  Speaker 7: our industries do well. Cryptos are big industries, become actually
• 19:39
  Speaker 7: become somewhat mainstream, the banks have it, people have it,
• 19:42
  Speaker 7: and I think as the leader of the country, we
• 19:45
  Speaker 7: want to.
• 19:46
  Speaker 5: Lead in AI.
• 19:46
  Speaker 7: We want and we're leading China by a lot in AI,
• 19:50
  Speaker 7: and we're also leading in crypto.
• 19:53
  Speaker 1: Sometimes I listen to him and he never really says
• 19:56
  Speaker 1: anything like one sentence then repeats it three different ways.
• 20:00
  Speaker 1: But the fact that he's out there saying, hey, we
• 20:02
  Speaker 1: need all industries to lead around the world. Crypto is
• 20:05
  Speaker 1: one of them. I'm glad to hear that, because I
• 20:07
  Speaker 1: think this is a it's a signal not only.
• 20:10
  Speaker 2: For the world that we're here.
• 20:13
  Speaker 1: But at the end of the day, it really boils
• 20:15
  Speaker 1: down to one thing, and that's Congress has to do it.
• 20:17
  Speaker 2: They have to get in get this Clarity through. That
• 20:20
  Speaker 2: is going to be the big one right here. Clarity
• 20:22
  Speaker 2: Act would.
• 20:23
  Speaker 1: Become law by June, that says, coming in from Novogratz
• 20:27
  Speaker 1: as the Senate prepares the May vote. So that's this
• 20:30
  Speaker 1: pretty much this month. Here we are on April twenty seventh,
• 20:32
  Speaker 1: as we record this, just a few more days, we
• 20:35
  Speaker 1: could start to see activity in the markups, even though
• 20:38
  Speaker 1: we won't know what's in the markup, but starting to
• 20:41
  Speaker 1: see activity in the markup going into the Senate, and
• 20:44
  Speaker 1: of course that changes everything. However, it's not showing up
• 20:47
  Speaker 1: right here on poly market. As we continue to see
• 20:50
  Speaker 1: pretty much a mid situation right here, hovering at about
• 20:53
  Speaker 1: forty seven percent in probability of twenty twenty six getting.
• 20:57
  Speaker 2: The Clarity Act through.
• 20:59
  Speaker 1: We're gonna be covering this a lot of the FED News,
• 21:01
  Speaker 1: the S and P earning season. There's gonna be a
• 21:04
  Speaker 1: lot happening this week as week as well as the
• 21:07
  Speaker 1: Bitcoin conference, the SLANA event, the XRP event, all happening
• 21:12
  Speaker 1: this week. We'll be covering a lot of that from Vegas,
• 21:15
  Speaker 1: so be on the lookout for that stuff. Guys, We'll
• 21:16
  Speaker 1: see you there. If you like this video, like and subscribe,
• 21:26
  Speaker 1: drop a comment down below, and also join our free
• 21:29
  Speaker 1: private member group.
• 21:30
  Speaker 2: The link is in the description.