Latest / The Paul Barron Crypto Show / Bitcoin $95,000 Next?💥Crypto Market Update

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Bitcoin $95,000 Next?💥Crypto Market Update · The Paul Barron Crypto Show

• 0:05
  Speaker 1: My name is Paul Barren. Welcome back in a tech path.
• 0:07
  Speaker 1: Let's get into it today. I do want to think
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• 1:02
  Speaker 1: and you guys can get started. Let's look at take
• 1:04
  Speaker 1: a look at the market right now, holding at almost
• 1:08
  Speaker 1: three point one three point ZHO nine as we're recording
• 1:11
  Speaker 1: right now, volume one hundred and eighty three billion, but
• 1:14
  Speaker 1: over three trillion, and consistent right now greed fear and
• 1:19
  Speaker 1: greed holding it about eighty three. And of course all
• 1:22
  Speaker 1: coin seasons still very young, holding right now at the
• 1:26
  Speaker 1: very beginning. And I'm kind of curious when you guys
• 1:28
  Speaker 1: look at your all coins that you're tracking right now,
• 1:31
  Speaker 1: is this an all coin season that you have been
• 1:34
  Speaker 1: in for some time or are you just now starting
• 1:36
  Speaker 1: to cycle into some all coins? Let me know down
• 1:38
  Speaker 1: in the comments below, and what tokens are you guys tracking.
• 1:41
  Speaker 1: I want to go over and take a look at
• 1:43
  Speaker 1: a little bit of the news. One of the things,
• 1:44
  Speaker 1: of course, is the all time high could happen right
• 1:47
  Speaker 1: here at above ninety four again, and all of this
• 1:50
  Speaker 1: has been coming with a sell off warning, and many
• 1:53
  Speaker 1: people are looking at this. Of course, we sow a
• 1:55
  Speaker 1: little bit of a pump on four reasons, and I'll
• 1:58
  Speaker 1: explain that in a second. But if you look at
• 2:00
  Speaker 1: some of the things people are saying right now, is
• 2:03
  Speaker 1: that we've seen ninety four k on bitstand just before
• 2:05
  Speaker 1: the US trading session. This of course was a pre high.
• 2:08
  Speaker 1: Someone said said, watch out, we might see a little
• 2:11
  Speaker 1: bit of a trace, even though as of recording we
• 2:13
  Speaker 1: haven't seen a little bit of an adjustment. Bitcoin holding
• 2:16
  Speaker 1: the only green candle for the day. So that in
• 2:18
  Speaker 1: itself one of the reasons why, of course, has been
• 2:21
  Speaker 1: all about this guy right here, Michael Sailor, continuing to
• 2:25
  Speaker 1: set it in And I think one thing that you've
• 2:27
  Speaker 1: got to look at is that he's looking to try
• 2:30
  Speaker 1: to get others to start to put bitcoin on their
• 2:33
  Speaker 1: balance sheet. Microsoft would be a huge win if in
• 2:36
  Speaker 1: fact he gets a chance to talk to their board
• 2:38
  Speaker 1: and actually get it done. So he's going to be
• 2:41
  Speaker 1: presenting over there to Microsoft's board in December to advocate
• 2:45
  Speaker 1: for the inclusion of bitcoin in the company's corporate treasury.
• 2:47
  Speaker 1: I think we will see more companies going in this
• 2:50
  Speaker 1: direction just because of the pure and simple success that
• 2:54
  Speaker 1: Sailor has had. National Center for Public Policy Research also
• 2:58
  Speaker 1: has throm support behind Sailor's proposal, argument that Microsoft has
• 3:01
  Speaker 1: a fiduciary duty to do something like this for some
• 3:04
  Speaker 1: of the shareholders. If this is the case. And if
• 3:07
  Speaker 1: we are seeing a very pro trade right now on bitcoin,
• 3:11
  Speaker 1: just because of what we've seen around Trump's strategic reserve,
• 3:15
  Speaker 1: what we will see, most likely from a regulatory standpoint,
• 3:17
  Speaker 1: which I think is starting to play out because we're
• 3:20
  Speaker 1: seeing some interesting moves from some companies out there, including Coinbase,
• 3:24
  Speaker 1: who's currently being sued by the SEC. This could all
• 3:27
  Speaker 1: be pointing in the right direction for publicly traded companies
• 3:31
  Speaker 1: to actually hold these assets on their balance sheet. Micro
• 3:34
  Speaker 1: Strategies making history again. Micro Strategy costs one hundred billion
• 3:37
  Speaker 1: in market cap threshold become the ninety third largest publicly
• 3:40
  Speaker 1: traded company in the United States. Over the last twenty
• 3:43
  Speaker 1: four hours. Micro Strategy also passed forty companies on the
• 3:46
  Speaker 1: top chart. So Bitcoin goes up, micro Strategy goes up. Yes,
• 3:51
  Speaker 1: we get it, but right now it's fifteen billion larger
• 3:54
  Speaker 1: than Dell Computer. This is insane when you think about
• 3:58
  Speaker 1: all of this is dependent upon where the positioning he
• 4:02
  Speaker 1: is on bitcoin and are we in a position right
• 4:04
  Speaker 1: now where Bitcoin could see an unbelievable market growth. Ninety
• 4:09
  Speaker 1: five k is what we're looking at right now, but
• 4:11
  Speaker 1: easily this could slip over one hundred k. And be
• 4:14
  Speaker 1: the psychological effect on the markets. Let me know what
• 4:17
  Speaker 1: you guys think Once that bitcoin hits one hundred k,
• 4:20
  Speaker 1: which I anticipate is going to where do you think
• 4:22
  Speaker 1: the market goes from there? Do you feel like that
• 4:24
  Speaker 1: triggers the all coin market? Do you feel like no,
• 4:27
  Speaker 1: this is just the beginning for bitcoin. Let me know
• 4:29
  Speaker 1: down in the comments. One other thing you got to
• 4:31
  Speaker 1: look at, of course, is Peter Schiff. He's always coming
• 4:34
  Speaker 1: in on statements, and of course his statement is the
• 4:36
  Speaker 1: higher master stock micro strategy. The more shares sailor can sell,
• 4:41
  Speaker 1: the more shares he sells, the more bitcoin he can buy,
• 4:44
  Speaker 1: the more he buys, the higher bitcoin price cost. And
• 4:47
  Speaker 1: it's a you know, it's kind of enter around and
• 4:48
  Speaker 1: around we go. The question here is when does it stop?
• 4:52
  Speaker 1: And I think this is a question that's interesting to
• 4:54
  Speaker 1: compare to gold because I think people now are starting
• 4:56
  Speaker 1: to look at bitcoin as digital gold. Is is it
• 5:00
  Speaker 1: the potential of actually achieving a seventeen trillion dollar market
• 5:04
  Speaker 1: cap in this cycle? And if it were to at
• 5:07
  Speaker 1: some point displace gold as true digital gold, then does
• 5:12
  Speaker 1: it ever end? That's the real question. I think a
• 5:14
  Speaker 1: lot of major investors are starting to ask around bitcoin,
• 5:18
  Speaker 1: and it's still early. You got to remember this is
• 5:20
  Speaker 1: still a baby asset overall. We're only one year into
• 5:23
  Speaker 1: an ETF. Yes, it is the greatest and the biggest
• 5:25
  Speaker 1: ETF ever done, but the fact that we are still
• 5:28
  Speaker 1: just one year in is amazing. Here's Eric Balshchuniz talking
• 5:32
  Speaker 1: about ETF super visual showing that we're where the action
• 5:35
  Speaker 1: is is I bet, I bet options, this is the
• 5:37
  Speaker 1: strike price. Basically everything to the right of the right
• 5:42
  Speaker 1: line is betting that Bitcoin be higher and higher in
• 5:46
  Speaker 1: the future, so left is betting lower. So basically no
• 5:49
  Speaker 1: takers right now on that left side. In terms of
• 5:52
  Speaker 1: where we might see bitcoin going, of course, lots of
• 5:55
  Speaker 1: happening right now, and again that's why you're seeing the
• 5:59
  Speaker 1: surge in bitcoin, where the rest of the market is
• 6:01
  Speaker 1: in the red right now. So big days ahead for
• 6:05
  Speaker 1: it looks like for bitcoin, Big day four. IBIT on
• 6:07
  Speaker 1: their first day of options, just shy of one point
• 6:09
  Speaker 1: nine billion one notional experience trade, three hundred and forty
• 6:13
  Speaker 1: five three and fifty four thousand contracts, and there were
• 6:16
  Speaker 1: two hundred and eighty nine thousands of those were calls.
• 6:19
  Speaker 1: So again a lot of activity both on calls and puts.
• 6:23
  Speaker 1: But man, to see that many contracts put out there
• 6:27
  Speaker 1: on first day is pretty amazing, pretty amazing. Let me
• 6:30
  Speaker 1: go to a clip real quick because this will get
• 6:32
  Speaker 1: into a little bit more around the options and the
• 6:35
  Speaker 1: success it's had so far on the market. Take a look.
• 6:38
  Speaker 2: It really boggles the mind what I was just thinking about.
• 6:40
  Speaker 3: You could do.
• 6:41
  Speaker 2: You could write calls. You could write calls. You could
• 6:44
  Speaker 2: buy puts the protector downside. You could sell puts to
• 6:47
  Speaker 2: acquire bitcoin at a lower price. Order is, you can
• 6:49
  Speaker 2: do spreads, you can do straddles.
• 6:51
  Speaker 1: The volatility is so high the option.
• 6:52
  Speaker 2: Premiums must be exorbitant, so you could sell options.
• 6:56
  Speaker 3: But the questions is volatility come down materially?
• 6:59
  Speaker 4: And that's what a lot of analystsay, real.
• 7:01
  Speaker 3: Yes, if that happens, but does that then put a
• 7:04
  Speaker 3: cap on it? Or does that?
• 7:06
  Speaker 1: Can it happen?
• 7:07
  Speaker 2: That's a tailwagon the dog because bitcoin is in here. Yeah,
• 7:10
  Speaker 2: but by definition bitcoin has been volatile. Do you think
• 7:13
  Speaker 2: options really could lessen the volatility of the underlying asset.
• 7:17
  Speaker 4: I mean, that's what some analysts are saying. Especially as
• 7:19
  Speaker 4: you build out a more robust market for infrastructure around this,
• 7:22
  Speaker 4: you bring in more institutional money. And what I will
• 7:24
  Speaker 4: say in terms of like building out what you can
• 7:26
  Speaker 4: do with these spot crypto products. You've got Greyscale updating
• 7:29
  Speaker 4: its prospectus just this week to do a covered call
• 7:32
  Speaker 4: ETF for bitcoin. So you're seeing that those are the
• 7:35
  Speaker 4: products that these issuers are indexing toward, rather than having
• 7:39
  Speaker 4: you know, spot funds around all of these all coins.
• 7:41
  Speaker 2: Because you just mentioned eighty percent of the volume is
• 7:44
  Speaker 2: in calls, so that must mean they're rich premiums and
• 7:47
  Speaker 2: the calls you could sell those and if it doesn't
• 7:49
  Speaker 2: hit it.
• 7:50
  Speaker 1: You just keep that premium exactly. Yeah. So, as you
• 7:55
  Speaker 1: can see, there's a lot of traditional traders out there
• 7:58
  Speaker 1: trying to massage this market. And of course what they're
• 8:00
  Speaker 1: talking about there is reducing the volatility of bitcoin. Does
• 8:04
  Speaker 1: it actually reduce the volatility of the underlying asset? I
• 8:08
  Speaker 1: don't know. This is such an early scenario that's going
• 8:12
  Speaker 1: to play out, especially in the heat of the market.
• 8:14
  Speaker 1: I think this at the very minimum, it's probably going
• 8:17
  Speaker 1: to continue to drive the price of bitcoin up. The
• 8:20
  Speaker 1: real question is when the market starts to see some pressure,
• 8:23
  Speaker 1: how does the market react to that. Bitcoin's independence from
• 8:26
  Speaker 1: the S and P five hundred. That's one thing that
• 8:28
  Speaker 1: people are looking at, is it and have we completely
• 8:32
  Speaker 1: detached away from the SNP where we've seen a little
• 8:35
  Speaker 1: bit of downside, But yet Bitcoin's sitting here at trying
• 8:38
  Speaker 1: to continue to break all time highs each week. One
• 8:42
  Speaker 1: scene is merely a speculative risk on assets, challenging its
• 8:45
  Speaker 1: traditional market tize. Over the past three months, Bitcoin has
• 8:48
  Speaker 1: outpaced the SMP and Nasdaq, surging almost sixty percent compared
• 8:52
  Speaker 1: to their modest gains. That to me is a clear
• 8:56
  Speaker 1: indicator that it is apparently trying to detach.
• 9:00
  Speaker 2: Now.
• 9:00
  Speaker 1: When I say it being an asset, I think it's
• 9:02
  Speaker 1: investors that are looking at it as a new asset
• 9:05
  Speaker 1: class that gets into this. It's kind of like gold
• 9:08
  Speaker 1: if you look at how gold real estate even to
• 9:10
  Speaker 1: a certain extent, some of the other risk assets. But
• 9:12
  Speaker 1: Bitcoin could be in a position now where the S
• 9:15
  Speaker 1: and P five hundred no longer dictates how it's going.
• 9:18
  Speaker 1: In fact, I think it's going to be more related
• 9:20
  Speaker 1: to the success of the ETFs that will dictate where
• 9:23
  Speaker 1: this is going. Other thing that's happening right now, Bitcoin
• 9:26
  Speaker 1: is now up one hundred and fifty three percent over
• 9:28
  Speaker 1: the last twelve months last year, at this time, bitcoin
• 9:31
  Speaker 1: was worth less than one trillion. Right now, it's trading
• 9:34
  Speaker 1: at about one point eight. It's now just seven percent
• 9:37
  Speaker 1: away from hitting a two trillion market cap milestone. This
• 9:41
  Speaker 1: is a big deal, guys, because this shows one consistency.
• 9:46
  Speaker 3: Two.
• 9:47
  Speaker 1: I think that it shows there's a lot of new
• 9:49
  Speaker 1: money starting to move into the market, and we have
• 9:51
  Speaker 1: yet to really started to see retail come in. And
• 9:54
  Speaker 1: I think that's the question right now is where this
• 9:57
  Speaker 1: market can go to for bitcoin on this cycle will
• 10:01
  Speaker 1: all depend on how the rest of this plays out
• 10:03
  Speaker 1: for retail Bitcoin's rally sores is one hundred k within
• 10:07
  Speaker 1: reach or possibly just as teas, do we get a
• 10:09
  Speaker 1: bounce off this? Let me know in the comments, do
• 10:11
  Speaker 1: you think we do blast right through one hundred k?
• 10:13
  Speaker 1: One hundred k is going to be a very psychological
• 10:16
  Speaker 1: figure because if you guys, remember if you haven't been
• 10:19
  Speaker 1: around on the last cycle in twenty twenty one, one
• 10:23
  Speaker 1: hundred k was the target. It was a target that
• 10:26
  Speaker 1: everybody was pushing to. And then of course we had
• 10:28
  Speaker 1: a major problem with the Chinese banning bitcoin mining it
• 10:33
  Speaker 1: right in the middle of it. I think that was
• 10:34
  Speaker 1: what cut the market short, and of course it also
• 10:37
  Speaker 1: cut bitcoin short in its ability to hit one hundred K,
• 10:41
  Speaker 1: which a lot of people were really pushing on on.
• 10:43
  Speaker 1: I think it cut a lot of people by surprise.
• 10:45
  Speaker 1: I don't think that's happening now. I think now it's
• 10:47
  Speaker 1: much more cautious. The market seems to be just moving up,
• 10:51
  Speaker 1: trouncing along as a typical bull market looks like. The
• 10:55
  Speaker 1: question is is where does it go? And do you
• 10:57
  Speaker 1: get one of those omega candles coming out of bitcoin
• 10:59
  Speaker 1: going forward? So the problem is you got a lot
• 11:03
  Speaker 1: of tensions growing right now, and that could be a
• 11:06
  Speaker 1: situation that starts to maybe pull back on bitcoin, or
• 11:11
  Speaker 1: does it get accelerated if we start to see more
• 11:13
  Speaker 1: global tensions, you know, on these warfronts, the people start
• 11:17
  Speaker 1: to look at gold and bitcoin as the one place
• 11:20
  Speaker 1: to go in for security. I think that's the question
• 11:23
  Speaker 1: everybody's asking right now. I want to go to another
• 11:26
  Speaker 1: clip because this will get into it is bitcoin gold's
• 11:29
  Speaker 1: true competition? Take a look, and I'm just wondering, is
• 11:33
  Speaker 1: is bitcoin any kind of competition for gold?
• 11:35
  Speaker 3: How do you view that? I don't believe it. I mean,
• 11:38
  Speaker 3: you know, some people have tried to find some kind
• 11:40
  Speaker 3: of inverse correlation between flows into bitcoin flows out of gold.
• 11:44
  Speaker 3: We've not been able to find anything that's statistically persuasive
• 11:47
  Speaker 3: on that. I think the promoters of bitcoin, I mean,
• 11:50
  Speaker 3: this is why they called it mining. There's no mining involved.
• 11:53
  Speaker 3: This is a computer operation, pure and simple. But they
• 11:55
  Speaker 3: called it mining because they wanted to seem like gold,
• 11:58
  Speaker 3: maybe take some of the away from gold. I think
• 12:01
  Speaker 3: that was what they were trying to do, and this
• 12:03
  Speaker 3: digital gold thing. Look, the returns have been stellar in
• 12:06
  Speaker 3: the fifteen years since bitcoin was launched. I can't deny
• 12:09
  Speaker 3: that not a problem, but it is all about returns,
• 12:13
  Speaker 3: whereas gold I think Todd mentioned the diversification benefits, as
• 12:18
  Speaker 3: I say, the protections that gold offers too, those are
• 12:21
  Speaker 3: really really crucial for investors.
• 12:24
  Speaker 1: Well, I mean, you know, you've got to look at
• 12:26
  Speaker 1: it this way, guys. We could be on the precipice
• 12:29
  Speaker 1: of a psychological shift of major investors, countries, nation states
• 12:34
  Speaker 1: simply saying all right, we think that this is the
• 12:36
  Speaker 1: better asset to hold. If that kind of tilts forward
• 12:40
  Speaker 1: and you start to see the domino's fall, including things
• 12:43
  Speaker 1: like a strategic reserve coming out of the US, this
• 12:47
  Speaker 1: could be the case where bitcoin actually does overtake gold
• 12:50
  Speaker 1: in terms of that stable asset going forward. If you
• 12:54
  Speaker 1: just look at what polymarket is saying, will bitcoin hit
• 12:57
  Speaker 1: one hundred k and twenty twenty four very clearly right
• 13:00
  Speaker 1: now a high probability at seventy one percent chance of
• 13:04
  Speaker 1: it actually happening. I'm in agreement with that. I think
• 13:07
  Speaker 1: we are going to get the one hundred before the
• 13:09
  Speaker 1: end of the year. In Nvidia earnings though, is one
• 13:12
  Speaker 1: that you've got to watch, and that's happening after closed today,
• 13:15
  Speaker 1: and this could trigger a three hundred billion dollar market
• 13:18
  Speaker 1: swing if that does occur, You're talking about an eight
• 13:20
  Speaker 1: percent swing after earnings, potential three hundred billion. What does
• 13:25
  Speaker 1: that do. There's a lot of companies that this will affect.
• 13:27
  Speaker 1: I think it will to a certain extent, draw a
• 13:30
  Speaker 1: little bit out of the maybe the mag seven with
• 13:33
  Speaker 1: exception of maybe Tasla. And the other thing that I
• 13:35
  Speaker 1: think it factors into is some of the AI tokens
• 13:38
  Speaker 1: that we'll see over in the all coin markets and
• 13:40
  Speaker 1: possibly some other AI plays on you know, the trad
• 13:43
  Speaker 1: fi markets. So be looking very closely at Nvidia because
• 13:46
  Speaker 1: they did have a little bit of a trigger warning
• 13:50
  Speaker 1: that we're coming in to how they perform in this
• 13:53
  Speaker 1: particular period. So I think this is a This is
• 13:56
  Speaker 1: a very critical one for Invidia and it will also
• 13:59
  Speaker 1: think of be a critical one for the S and
• 14:01
  Speaker 1: P five hundred. Just in President elect Trump also team
• 14:05
  Speaker 1: is now considering the first ever White House crypto role.
• 14:08
  Speaker 1: This will be a big one because it will continue
• 14:10
  Speaker 1: to drive home his presence in the crypto space, and
• 14:13
  Speaker 1: I think it's made it very clear that he's going
• 14:16
  Speaker 1: to go in this direction. There is word that we're
• 14:19
  Speaker 1: probably going to see another opportunity here for a new
• 14:22
  Speaker 1: SEC chair that's coming out of a different selection process,
• 14:26
  Speaker 1: and nothing's done yet, but the likelihood of seeing Genzler
• 14:30
  Speaker 1: replace is real. And I think if we get a
• 14:33
  Speaker 1: position in the White House that would be a crypto
• 14:35
  Speaker 1: role that would be significant for legislative, for strategic preserve,
• 14:41
  Speaker 1: but also for some of the strategies I think globally
• 14:44
  Speaker 1: around the financial system that could play out into a
• 14:47
  Speaker 1: lot of these major tokens. Tokens like the XRP token.
• 14:50
  Speaker 1: You look at what is going on with their stable coin,
• 14:54
  Speaker 1: also take a look at where stable coins in general
• 14:56
  Speaker 1: are going with USDC and many others that will probably
• 14:59
  Speaker 1: start seeing break through because remember JP Morgan most likely
• 15:03
  Speaker 1: will launch. I think we're going to see a lot
• 15:04
  Speaker 1: of banks get into that in the future. Other things
• 15:07
  Speaker 1: I want to hit on right now, and that, of course,
• 15:10
  Speaker 1: is Trump nominated Cantor Fitshales Howard Lutnick as Secretary of Commerce.
• 15:14
  Speaker 1: This is a big deal because Lutnik is a huge
• 15:16
  Speaker 1: bitcoin advocate and he will be the Secretary of Commerce,
• 15:21
  Speaker 1: and I think that is again reaffirming his position, meaning
• 15:25
  Speaker 1: Trump's position on digital assets and the position that the
• 15:28
  Speaker 1: United States will be taking around digital assets. All right,
• 15:32
  Speaker 1: picking up here on polymarket for the Secretary of Treasury,
• 15:37
  Speaker 1: this one doesn't look as good to me in terms
• 15:39
  Speaker 1: of potentials. You've got Kevin warsh here and also Scott Bessen,
• 15:44
  Speaker 1: both of them. If you guys go do the research,
• 15:46
  Speaker 1: you'll ark learn a little bit more tied towards central
• 15:49
  Speaker 1: digital bank currencies, also tied a little bit to the
• 15:51
  Speaker 1: source camps. I'm not really in charge of or in
• 15:56
  Speaker 1: behind this one in terms of the selections that are
• 15:58
  Speaker 1: being thrown out there right now. Mark Rowan don't know
• 16:01
  Speaker 1: enough about him. Bill Haggerty, he has been a pro
• 16:04
  Speaker 1: digital assets and a handful of others, but we lost
• 16:07
  Speaker 1: Howard Luttnik, which was I thought was being considered pretty closely.
• 16:11
  Speaker 1: And then of course his new assignment as Commerce Director
• 16:14
  Speaker 1: is going to be a little bit different. So we'll see.
• 16:17
  Speaker 1: Hopefully President Trump is got the right kind of advisors
• 16:21
  Speaker 1: out there, because this is a very key position right now.
• 16:24
  Speaker 1: Secretary of Treasury is a big one that will help
• 16:27
  Speaker 1: move this forward, especially around legislative fronts, but more importantly,
• 16:31
  Speaker 1: how we look at global policy throughout our partnerships with
• 16:36
  Speaker 1: other countries. So big deal, all right, here we go.
• 16:39
  Speaker 1: Kevira worsh seems completely at odds with real Donald Trump
• 16:42
  Speaker 1: agenda on trading bitcoin and cbdc's and this is the
• 16:45
  Speaker 1: point I'm getting at. This would not necessarily be the
• 16:48
  Speaker 1: perfect pit. But hey, listen, this may end up not
• 16:51
  Speaker 1: even being someone that is in that list. So Trump
• 16:53
  Speaker 1: may come around the end with a complete surprise pick
• 16:56
  Speaker 1: here for this position. So we'll see if he does it.
• 17:01
  Speaker 1: I'm going to be looking for an outsider. Hopefully we
• 17:04
  Speaker 1: can get that done. Last up here, guess what coinbase
• 17:08
  Speaker 1: is about to do or has already done, and that
• 17:11
  Speaker 1: is they're introducing USDC rewards in the Coinbase wallet four
• 17:16
  Speaker 1: point seven percent right now apy for USDC just holding
• 17:20
  Speaker 1: that in your wallet on chain. So this is significant guys,
• 17:25
  Speaker 1: because most of the time you have to go through
• 17:28
  Speaker 1: traditional banking or exchanges or even in some cases when
• 17:33
  Speaker 1: you're dealing with brokerages, to get to this kind of
• 17:36
  Speaker 1: level of returns. You'll be able to do this on
• 17:40
  Speaker 1: an unchained wallet. This is significant, guys. We could see
• 17:44
  Speaker 1: a lot of different projects starting to move in this direction.
• 17:47
  Speaker 1: That is very bullish for I think crypto in general.
• 17:50
  Speaker 1: We're gonna be covering a lot of this throughout the week. Obviously,
• 17:52
  Speaker 1: if as we get closer to one hundred K, I
• 17:54
  Speaker 1: think this is going to be, as I said, a
• 17:55
  Speaker 1: critical time for bitcoin as well as the rest of
• 17:58
  Speaker 1: the market. Make sure subscribe to the show right now.
• 18:01
  Speaker 1: Get in on the diamond circle. It's very easy to do.
• 18:04
  Speaker 1: Follow me out there on x at Paul Baron. We'll
• 18:06
  Speaker 1: catch you an nex time right here on tech Bath