Latest / The Paul Barron Crypto Show / Crypto FUD Crashes Market?️‍🔥...But Not XRP🚀

Transcript

Crypto FUD Crashes Market?️‍🔥...But Not XRP🚀 · The Paul Barron Crypto Show

• 0:07
  Speaker 1: Let's get into it today we'll be talking about XRP.
• 0:09
  Speaker 1: Give you guys some insights on why the market is
• 0:12
  Speaker 1: adjusting right now, what does it mean for the future.
• 0:14
  Speaker 1: My name is Pamberre. Welcome back in a tech path.
• 0:16
  Speaker 1: Let's get into it. I do want to thank our sponsor,
• 0:18
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• 0:49
  Speaker 1: Uphold plan. All right, let's go over to a couple
• 0:52
  Speaker 1: of the topics. Here's Jack the rippler. XRP is moving
• 0:55
  Speaker 1: against the market. If you think about XRP right now,
• 0:59
  Speaker 1: with the fact that we've seen so much crypto fud
• 1:03
  Speaker 1: over the last three days, the fact that XRP is
• 1:07
  Speaker 1: somewhat sideways is phenomenal, and it's holding right now just
• 1:10
  Speaker 1: below USDT, which is around one hundred and thirty seven bill.
• 1:15
  Speaker 1: XARP holding around one thirty six right now, so pretty
• 1:17
  Speaker 1: phenomenal for the token in general.
• 1:20
  Speaker 2: I want to go to a clip real quick. This
• 1:22
  Speaker 2: will give you a little.
• 1:22
  Speaker 1: Bit more of an inside understanding on where Tradfi is
• 1:27
  Speaker 1: explaining Ripple and the FUD.
• 1:29
  Speaker 2: Take a look another one you like is Ripple?
• 1:32
  Speaker 3: You said it is the coin to be looking at
• 1:34
  Speaker 3: right now?
• 1:35
  Speaker 2: Absolutely?
• 1:35
  Speaker 4: Why?
• 1:36
  Speaker 3: Okay? So Ripple actually was the second largest coin prior
• 1:40
  Speaker 3: to the SEC's investigation of them. They did this really
• 1:42
  Speaker 3: weird lawsuit against them, and basically the Ripple is going
• 1:46
  Speaker 3: to be the track that everything's going to be running
• 1:48
  Speaker 3: on in the future. So they created their own stable
• 1:50
  Speaker 3: coin right now, okay. And Bank of America, like I said,
• 1:52
  Speaker 3: they were doing one hundred percent of their internal transactions.
• 1:55
  Speaker 3: They've got eighty three different patents on it, and there's
• 1:58
  Speaker 3: some incredible stuff that's going to be.
• 2:01
  Speaker 2: All right.
• 2:02
  Speaker 1: So that's a big statement coming in from an analyst
• 2:04
  Speaker 1: right now over there on the broadcast media. And again,
• 2:08
  Speaker 1: I think some of this is still starting to sync
• 2:11
  Speaker 1: into where Ripple will go in terms of the potential
• 2:15
  Speaker 1: for what it could be both XRP, but also just
• 2:18
  Speaker 1: a lot of the connection of the dots right now,
• 2:21
  Speaker 1: I think with the current administration, Ripple just put out
• 2:24
  Speaker 1: I think a big hiring statement. They're trying to get
• 2:26
  Speaker 1: a policy director going. There's a lot happening right now
• 2:29
  Speaker 1: from a political standpoint between Ripple and the US government.
• 2:32
  Speaker 2: So just keep a close eye.
• 2:34
  Speaker 1: Let's take a look at the chart real quick, and
• 2:36
  Speaker 1: you can kind of see right here, everything else not
• 2:39
  Speaker 1: a good look, but Ripple somewhat sideways, actually trending up
• 2:43
  Speaker 1: right now from where it had dipped to, which was
• 2:46
  Speaker 1: around a dollar ninety nine. And we had talked about
• 2:48
  Speaker 1: this toward the end of the year as a close
• 2:51
  Speaker 1: over the one ninety eight mark, which was the mark
• 2:53
  Speaker 1: we were looking at. It may never return there again.
• 2:55
  Speaker 1: This one is a beast that continues to perform. If
• 3:00
  Speaker 1: you compare that to even one of my favorites. Look
• 3:02
  Speaker 1: at this cut right here on Avalanche. I mean, this
• 3:05
  Speaker 1: is a nice little buy right now. Go from the
• 3:07
  Speaker 1: top of where Avalanche was just here recently down to
• 3:09
  Speaker 1: where it's holding negative of twenty one percent right there,
• 3:12
  Speaker 1: and I don't know, this is a goodbye to me.
• 3:14
  Speaker 1: I would look at thirty six dollars for an Avalanche
• 3:17
  Speaker 1: token right now. It is trending down key things with Avalanche.
• 3:21
  Speaker 1: Not an Avalanche video today to really talk about where
• 3:23
  Speaker 1: they're going. We probably should do an update on Avalanche.
• 3:26
  Speaker 1: But a lot of interesting things happening over there. We're
• 3:29
  Speaker 1: anticipating some big news coming up on Avalanche as well.
• 3:32
  Speaker 2: All right, let's go over to this tweet right here.
• 3:36
  Speaker 1: US government cleared to sell about seventy thousand bitcoins. This
• 3:40
  Speaker 1: will be worth about six point five billion. This was
• 3:42
  Speaker 1: all seased from Silk Road. Now there's a little bit
• 3:45
  Speaker 1: of backstory to this, but basically, you know, there are
• 3:48
  Speaker 1: some things that the US government has to do. Update
• 3:51
  Speaker 1: on the This is Marty Party talking about this on
• 3:53
  Speaker 1: the DOJ selling ruling was made December thirtieth, so this
• 3:56
  Speaker 1: is a little bit older.
• 3:58
  Speaker 2: This is a little appears to be a little.
• 4:01
  Speaker 1: Bit more fud in the market right now. Other things
• 4:05
  Speaker 1: you look at Adam Cochrane and since dummies seem to
• 4:08
  Speaker 1: think this political quicker mind or DG is required to
• 4:11
  Speaker 1: sell any cleared assets to cash and transfer that cash
• 4:14
  Speaker 1: to treasury once sold. It's something that is constant ongoing
• 4:19
  Speaker 1: in the in the process of how this is done
• 4:22
  Speaker 1: in terms of holding assets like that, other things that
• 4:25
  Speaker 1: are happening out here. Lark Davis hits on this very
• 4:27
  Speaker 1: same thing, US government selling six point five bill, but really,
• 4:31
  Speaker 1: in reality it's only point three five percent of bitcoin's
• 4:34
  Speaker 1: current market caps, so it's a very small amount.
• 4:36
  Speaker 2: I think the impact on bitcoin.
• 4:38
  Speaker 1: Is really driven more from the ETF and I think
• 4:41
  Speaker 1: that's the one that everybody has to look at. The
• 4:43
  Speaker 1: other thing you have to compare is the Fear and
• 4:45
  Speaker 1: Greed Index right now when it comes to the S
• 4:47
  Speaker 1: and F SMP is pretty heavy right now at thirty two,
• 4:51
  Speaker 1: but when you look over at crypto, not so much.
• 4:54
  Speaker 1: It's I mean, the greed is still on right now
• 4:57
  Speaker 1: on it. Are we at a point where maybe there's
• 4:59
  Speaker 1: a little bit of I mean, we've been through it
• 5:03
  Speaker 1: so many times, there's a little bit of desensitization of
• 5:06
  Speaker 1: where the market currently is. I know, for me, when
• 5:09
  Speaker 1: I look at the portfolios, it feels that way is
• 5:11
  Speaker 1: I'm just desensitized so much to these crashes that I
• 5:15
  Speaker 1: look at it and say, there's too many positive things
• 5:17
  Speaker 1: that are still flowing into the opportunity for crypto in general.
• 5:21
  Speaker 1: Spot bitcoin ETF has always one to track, and there's
• 5:25
  Speaker 1: some interesting things here. And whether you believe this chart
• 5:28
  Speaker 1: or not, but if you look at these reversals all
• 5:30
  Speaker 1: the way back into March of last year, and then
• 5:33
  Speaker 1: these reversal ups on endflows, it pretty much has been
• 5:37
  Speaker 1: the case almost every time. A handful of that have
• 5:41
  Speaker 1: not been but usually it's a couple of days on
• 5:45
  Speaker 1: these outflows and then these blow ups, another couple of
• 5:48
  Speaker 1: days outflows, another blow up, a couple of days, another
• 5:51
  Speaker 1: blow up, and then with exception of this little range
• 5:53
  Speaker 1: right here which was back in December, which is still
• 5:56
  Speaker 1: I think those are one of the ones that are
• 5:58
  Speaker 1: a little bit different because of the tax harvesting things
• 6:00
  Speaker 1: like that. And then here we are again another big
• 6:04
  Speaker 1: evacuation on the ETF. Are we in for a reversal
• 6:08
  Speaker 1: on bitcoin with another blow up and possibly another big
• 6:12
  Speaker 1: all time high in terms of enflows. The market is
• 6:15
  Speaker 1: definitely being played on a cycle for sure. Other things
• 6:19
  Speaker 1: I want to hit too is institutional bitcoin accumulation now
• 6:22
  Speaker 1: continues to despite the low retail demand. I think that's
• 6:25
  Speaker 1: going to change quite a bit here, but large investors
• 6:27
  Speaker 1: now accumulating over thirty four thousand bitcoins valued at about
• 6:31
  Speaker 1: three point two bill And remember this is despite fifteen
• 6:36
  Speaker 1: percent drop after reaching the all time high. Now I
• 6:38
  Speaker 1: want to kind of step back from that because there's
• 6:41
  Speaker 1: a couple of points you have to consider here. Why
• 6:43
  Speaker 1: is bitcoin still the leverage against the dollar and that
• 6:46
  Speaker 1: it simply is going to be and we've heard us
• 6:48
  Speaker 1: talk about this a little bit over the last three
• 6:50
  Speaker 1: four months. Is that inflation is not going away. It's
• 6:53
  Speaker 1: very possible we could see an acceleration of inflation. I
• 6:58
  Speaker 1: know that's a bad thing, but is a good thing
• 7:00
  Speaker 1: for crypto. I believe it's a good thing for bitcoin.
• 7:03
  Speaker 1: That will mean a good thing for all coins things
• 7:05
  Speaker 1: of that nature, just because it will be a flight
• 7:07
  Speaker 1: to safety versus the dollar if we continue to deflate
• 7:11
  Speaker 1: the dollars.
• 7:11
  Speaker 2: So there's a lot of playing.
• 7:12
  Speaker 1: Here that a lot of people are looking at. The
• 7:15
  Speaker 1: other thing that I still like is the fact that
• 7:17
  Speaker 1: we continue to see Wall Street accepting what's happening in
• 7:20
  Speaker 1: the crypto industry. And this of course is the Crypto
• 7:23
  Speaker 1: wallet forst crypto wallet to go out on the New
• 7:27
  Speaker 1: York Stock Exchange, which is exodus. But right out there,
• 7:30
  Speaker 1: that's the fact that it's becoming mainstream, that we're seeing
• 7:33
  Speaker 1: more and more of this start to hit Wall Street.
• 7:35
  Speaker 1: So that in itself again along with regulation, along with
• 7:40
  Speaker 1: a very crypto friendly bureaucracy now from the SEC and
• 7:44
  Speaker 1: now soon to be the CFTC, all good stuff going forward.
• 7:51
  Speaker 1: Here we go, History replates repeats itself January bitcoin dump.
• 7:54
  Speaker 1: You've seen it already. Election years always start with a
• 7:56
  Speaker 1: massive correction. Twenty seventeen we saw in negative thirty five one,
• 8:00
  Speaker 1: a negative thirty six, twenty twenty five so far seven percent.
• 8:04
  Speaker 1: That's where we are right now. But you can see
• 8:05
  Speaker 1: these little ranges. Let me zoom in on these.
• 8:07
  Speaker 2: For you guys.
• 8:08
  Speaker 1: Right there is a good example of the last selection
• 8:12
  Speaker 1: and then the adjustment we saw in January. Then you
• 8:16
  Speaker 1: go over here, same kind of scenario, the adjustment we
• 8:18
  Speaker 1: saw and then boom. Is that the same kind of
• 8:21
  Speaker 1: scenario that we're painting out for this January? All of
• 8:24
  Speaker 1: that could be playing out in real time. Trump inauguration
• 8:28
  Speaker 1: no longer is a sell the news if that is
• 8:29
  Speaker 1: in the fact, the case is, it's.
• 8:31
  Speaker 2: No longer a sell the news event.
• 8:33
  Speaker 1: But instead a by the dip event.
• 8:35
  Speaker 2: So are we.
• 8:37
  Speaker 1: Leaning into a trumpet inauguration where bitcoin and crypto could
• 8:41
  Speaker 1: be basically coming in underperforming. And then after January twentieth
• 8:46
  Speaker 1: we see a massive movement going forward, because remember, soon
• 8:49
  Speaker 1: as January twentieth hits, we are actually going to start
• 8:53
  Speaker 1: to see policy and we will start to see what
• 8:56
  Speaker 1: policies are implemented. One that I'm watching right now is
• 8:59
  Speaker 1: how the TikTok situation folds out, how the stable coin
• 9:04
  Speaker 1: situation folds out. All of these are going to be
• 9:06
  Speaker 1: accelerated very quickly. And do we get a lot of
• 9:08
  Speaker 1: lawsuits dropped immediately. All of that could happen starting January
• 9:13
  Speaker 1: twenty one, literally first day in office, So be watching
• 9:17
  Speaker 1: all of that stuff.
• 9:17
  Speaker 2: This is another one right here.
• 9:19
  Speaker 1: This is the perfect example of CFTC trying to get
• 9:22
  Speaker 1: one last dunk in on the industry. CFTC issues a
• 9:25
  Speaker 1: sub poenut to coinbase over the polymarket investigation. I won't
• 9:29
  Speaker 1: say much about where that we think that might be coming,
• 9:32
  Speaker 1: but I think there's some nefarious operators out there. But
• 9:36
  Speaker 1: the move is amid an ongoing regulatory scrutiny of polymarket,
• 9:40
  Speaker 1: which has been restricted for US residents. Maybe because you remember,
• 9:44
  Speaker 1: there is a regulated betting market right out there right now.
• 9:48
  Speaker 2: It's called CALCI.
• 9:49
  Speaker 1: Just throw that name out there for a second. And
• 9:51
  Speaker 1: then the possibility of sharing user data with the CFTC
• 9:54
  Speaker 1: has raised concerns about the privacy and regulatory implication of
• 9:58
  Speaker 1: its customers.
• 9:59
  Speaker 2: How do they get that? Do they know that?
• 10:00
  Speaker 1: Where's that coming from? It looks to me like it's
• 10:03
  Speaker 1: just a little bit too convenient, a convenient truth, as
• 10:07
  Speaker 1: they say. Other things to look at right here, crypto
• 10:11
  Speaker 1: industry rates, Trump's CFTC chair pick. The one that we're
• 10:15
  Speaker 1: watching is this guy right here. His name is Brian
• 10:18
  Speaker 1: Kintets or Contents, and this guy is the global head
• 10:23
  Speaker 1: of policy over at A sixteen Z You guys know who.
• 10:26
  Speaker 1: That is one of the biggest vcs out there in
• 10:29
  Speaker 1: the blockchain space. And he's got ex CFTC commissioner positions available.
• 10:36
  Speaker 2: So this is the guy.
• 10:36
  Speaker 1: I think that is the one that walks in on
• 10:39
  Speaker 1: the CFTC takes over and this will be another pro
• 10:43
  Speaker 1: position on crypto in one of the biggest areas of
• 10:47
  Speaker 1: regulatory finance that's out there, and that is of course,
• 10:52
  Speaker 1: the you know, the CFTC. When it comes to commodities,
• 10:55
  Speaker 1: and bitcoin being a commodity, so a big one.
• 10:57
  Speaker 2: I want to go to another clip. This is one
• 10:59
  Speaker 2: that will wrap it up.
• 10:59
  Speaker 1: We'll take look at a couple of charts here before
• 11:02
  Speaker 1: we get out of here, but I want to go
• 11:03
  Speaker 1: with one, and this, of course is Gary Gensler just
• 11:07
  Speaker 1: cannot stop.
• 11:08
  Speaker 2: It's just too juicy. Take a look. You came into
• 11:12
  Speaker 2: this job.
• 11:13
  Speaker 1: You gave a big speech in which you analogize the
• 11:15
  Speaker 1: crypto world to the wild West.
• 11:17
  Speaker 2: I guess that makes you the sheriff.
• 11:18
  Speaker 1: So is it less of a wild West than it
• 11:20
  Speaker 1: was as you leave this office?
• 11:22
  Speaker 4: The public knows a lot about bitcoin, which is, depending
• 11:26
  Speaker 4: upon its market value on any given day, is two
• 11:28
  Speaker 4: thirds to eighty percent of the market value of crypto.
• 11:34
  Speaker 4: And then there's everything else where some people say bitcoin
• 11:37
  Speaker 4: and athereum and everything else. These ten or fifteen thousand projects,
• 11:45
  Speaker 4: they're raising money from the public, and the public's investing,
• 11:49
  Speaker 4: or they're just the public's investing hoping for a better future.
• 11:55
  Speaker 4: I've been around finance for over four decades, and everything
• 12:00
  Speaker 4: in the market's trade on a mixture of fundamentals and
• 12:04
  Speaker 4: sentiment at any given time. I've never seen a field
• 12:08
  Speaker 4: that's so much wrapped up in sentiment and not so
• 12:12
  Speaker 4: much about fundamentals. And these ten to fifteen thousand projects,
• 12:17
  Speaker 4: many of them will not survive. They're like venture capital investments.
• 12:21
  Speaker 4: They're not going to survive.
• 12:24
  Speaker 1: Well, you know, Gary, he's always got that cutting edge
• 12:28
  Speaker 1: theory there. That is all crap because when you look
• 12:32
  Speaker 1: at investment, the problem with the investment architecture that's out
• 12:34
  Speaker 1: there today is they.
• 12:36
  Speaker 2: Keep the little guy down.
• 12:37
  Speaker 1: You have to be an a credit investor to be
• 12:38
  Speaker 1: able to play into that. What this is simply doing
• 12:41
  Speaker 1: when you look at the crypto market, it is invading
• 12:44
  Speaker 1: in on the ability to control capital. And that's the
• 12:47
  Speaker 1: problem that really, when you think about it, the big
• 12:50
  Speaker 1: investors have with controlling capital. That's why I think the
• 12:53
  Speaker 1: afetfs are doing so well as they are able to
• 12:56
  Speaker 1: at least somewhat control what's happening in the bitcoin space.
• 12:59
  Speaker 1: It's their first real chance at it, and you've seen
• 13:01
  Speaker 1: us an amazing success. But thank goodness, in just a
• 13:05
  Speaker 1: few days we will see mister Gensler's last time to
• 13:08
  Speaker 1: step into the sec building and no longer affect the
• 13:11
  Speaker 1: crypto market for sure. Taking a look at the markets
• 13:14
  Speaker 1: real quick Bitcoin of course trading right now at ninety
• 13:16
  Speaker 1: two nine after three days good soon to be a
• 13:20
  Speaker 1: three day closed on a red candle and down quite
• 13:23
  Speaker 1: a bit here, what do we have two percent on
• 13:25
  Speaker 1: the day others to watch a course, as you guys
• 13:28
  Speaker 1: have been kind of cluing on, some of these are
• 13:31
  Speaker 1: some pretty good buys right now?
• 13:33
  Speaker 2: Eight down? What is that?
• 13:34
  Speaker 1: Almost twelve percent in three days? That's another one that
• 13:37
  Speaker 1: might be a goodbye. Are there some areas where you
• 13:40
  Speaker 1: guys are looking. Let's take a look at Cardono. Cardano
• 13:43
  Speaker 1: took a nice hit. Let's go from Cardono's position to
• 13:46
  Speaker 1: where were they got almost twenty five percent for Cardno
• 13:49
  Speaker 1: in the last three days, so.
• 13:52
  Speaker 2: Near protocol.
• 13:53
  Speaker 1: Everybody pretty much down, but some are holding a little
• 13:56
  Speaker 1: bit more resilient than others. Let me know what you get. Guys,
• 14:00
  Speaker 1: are moving on right now? If you are d c
• 14:02
  Speaker 1: A in on certain projects, are you going after you
• 14:05
  Speaker 1: know some of the memes and AI agents. Are you
• 14:07
  Speaker 1: taking a look at some of the values in the
• 14:10
  Speaker 1: top tier? What are you jumping into or are you
• 14:13
  Speaker 1: or maybe are you just setting back on this dip
• 14:15
  Speaker 1: and waiting for another one? All right, you guys are
• 14:17
  Speaker 1: not in the diamond circle right. All you have to
• 14:20
  Speaker 1: do is just click the link down below. It's very simple,
• 14:23
  Speaker 1: very easy to do, and of course follow me out
• 14:24
  Speaker 1: there on X at Paul Baron.
• 14:26
  Speaker 2: We'll catch you next time. Right here, a tech path