Latest / CRYPTO 101 / Crypto Rundown: Stock Market Crash: How Will Bitcoin &. Ethereum Trade Next

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Crypto Rundown: Stock Market Crash: How Will Bitcoin &. Ethereum Trade Next · CRYPTO 101

• 0:08
  [SPEAKER_00]: Well, all right, everybody, welcome back to the crypto run down.
• 0:11
  [SPEAKER_00]: It is a bloody Thursday around the markets around the world.
• 0:15
  [SPEAKER_00]: But no worries.
• 0:16
  [SPEAKER_00]: We're here to break it down for you.
• 0:18
  [SPEAKER_00]: We're going to tell you exactly what's going on right now across the world.
• 0:21
  [SPEAKER_00]: And all markets end in the crypto market.
• 0:23
  [SPEAKER_00]: We're going to tell you why it's happening.
• 0:24
  [SPEAKER_00]: And then we got Hunter here to pull the charts.
• 0:27
  [SPEAKER_00]: Commoner of show you exactly where we're at.
• 0:29
  [SPEAKER_00]: And if there is opportunity.
• 0:32
  [SPEAKER_00]: And education that can be presented today during this market sell off whether it's crypto, whether it's the stock market or whether it's the Asian markets, everything is trading down.
• 0:42
  [SPEAKER_00]: And there's certain reasons why we're going to bring that up for you in a second.
• 0:46
  [SPEAKER_00]: But as we've talked about on the show the last couple weeks, we kind of been eye in this fear and greed index to be heading downward.
• 0:52
  [SPEAKER_00]: That's where we thought we were going more to the neutral hit in that 50.
• 0:57
  [SPEAKER_00]: Basically, that's what we've been covering the last couple weeks, so no surprise there, but I think there's there's four main catalysts here.
• 1:04
  [SPEAKER_00]: We're going to pull up that kick these topics around and then stay tuned as hunter is going to bring up charts, give you some technical analysis, show you where the markets will be going next.
• 1:14
  [SPEAKER_00]: What is the trade on Bitcoin, what is the trade on Ethereum as the crypto and market sell off continues.
• 1:20
  [SPEAKER_00]: So number one, there's a fear of a memory chip over supply.
• 1:24
  [SPEAKER_00]: The Asian markets are hitting this Elon Musk is adding to that fear.
• 1:27
  [SPEAKER_00]: Everybody knows when Elon Musk will look that people are going to take notice.
• 1:30
  [SPEAKER_00]: He's saying that China will be making a lot of ram in 2028.
• 1:34
  [SPEAKER_00]: I know Core Weave is a stock in the US stock market that is taking a big hit this week.
• 1:40
  [SPEAKER_00]: On our friend Leopold, Leopold, back in the news.
• 1:44
  [SPEAKER_00]: Apparently his positions are getting attacked once again.
• 1:47
  [SPEAKER_00]: Inflation came in hotter than expected.
• 1:50
  [SPEAKER_00]: CPI-flation rose 3.7% above the 3.6 expected.
• 1:54
  [SPEAKER_00]: Everybody's keeping eye in the US on rates as the rates continue to go up.
• 1:58
  [SPEAKER_00]: This is hard on everyday people, especially the housing market.
• 2:01
  [SPEAKER_00]: That's been absolutely locked.
• 2:03
  [SPEAKER_00]: I believe the stat was, you know, mortgages are at their highest rate in years.
• 2:08
  [SPEAKER_00]: And so, you know, as the inflation data keeps coming out, inflation still going higher than expected, the Fed kind of has their hands tied.
• 2:17
  [SPEAKER_00]: So is it more, you know, more rate hikes coming or the bond vigilante is going to act up as this 30 year, the 10 year keeps rising.
• 2:24
  [SPEAKER_00]: And then these these bond options, you know, at 5% start to become a better option and risk assets are going to get some air taken out of them.
• 2:33
  [SPEAKER_00]: And then, of course, the work keeps on going on.
• 2:34
  [SPEAKER_00]: This isn't oil, and as oil stays higher, inflation is not going to come down.
• 2:39
  [SPEAKER_00]: So hunter out of all those things, whether it's the Asian markets, the memories trade, kind of leaking into the Bitcoin crypto trade here on our side inflation, oil.
• 2:49
  [SPEAKER_00]: What's got your eye the most this week as we see the volatility?
• 2:54
  [SPEAKER_01]: I definitely the inflation and the oil, especially to the inflation aspect because what's happening is that originally it was just a supply shock in other words, we were just thinking energy, you know, oil is going to be the culprit for inflation, but now we're looking at stuff like the core inflation rates, the super core inflation rates, which strip out food, energy and some other stuff, and we're starting to see prices creep up there.
• 3:17
  [SPEAKER_01]: And then alongside that with the PPI, the producer price in next today, which is
• 3:21
  [SPEAKER_01]: more so considered a leading indicator as those prices used to tend to lead into the PCE or their personal consumption expenditures, which was released two weeks ago, which is the feds normal gauge of inflation.
• 3:36
  [SPEAKER_01]: Well, those prices start to feed into that metric.
• 3:39
  [SPEAKER_01]: And so the concern is that it's not just an energy and a food kind of shock at the moment that it's starting to dwindle into other areas of the market, which means they've
• 3:49
  [SPEAKER_01]: The market is now seen like okay, maybe we actually need three more hikes rather than two and so they've started to price that in and so you also see that on the top of oil is rising today, you We use brink crude to understand kind of the international prices, but just looking at light crude oil futures.
• 4:04
  [SPEAKER_01]: I mean, they're up around ninety seven dollars today up around two to three percent since the market opens.
• 4:10
  [SPEAKER_01]: So
• 4:11
  [SPEAKER_01]: I'd say those are definitely the two biggest culprits because those lead into what's happened in the AI and the chip sector because those energy costs are what make the ability to create more data centers more expensive and then also to mine that data even more expensive as well.
• 4:27
  [SPEAKER_01]: So you see stuff like South Korea, the cost being decks falling hard today, hit literally hitting circuit breakers and so that kind of led as well in tandem to the
• 4:39
  [SPEAKER_00]: Yeah, and it's a great breakdown and all that is happening right now, but I feel like sometimes, especially in crypto, especially for, you know, a lot of people that like to do the hot-o with Bitcoin, we've seen this before.
• 4:53
  [SPEAKER_00]: We were doing the run-downs now for several years.
• 4:57
  [SPEAKER_00]: The podcast for much longer, but the rundowns came into the fold, and I'll never forget, I believe it was August before the election, and then there was the Japan Nikai, the unwind trade happened in August.
• 5:09
  [SPEAKER_00]: And everything just tanked and fell, and the Asian markets were spiraling.
• 5:14
  [SPEAKER_00]: The Nikai trade, everybody was unwinding their leverage, and you know, that's what happens.
• 5:18
  [SPEAKER_00]: Like the world, as a whole, financially, especially has never been more intertwined, right?
• 5:27
  [SPEAKER_00]: But I think you really got to take a step back and then, you know, this is kind of like, no, no, your trade, trade, your plan, right?
• 5:33
  [SPEAKER_00]: That's a little bit of a price always taught us.
• 5:36
  [SPEAKER_00]: And you got to understand, it's like, okay, yes, this might be caught up in the unwind, but how does it really affect it long term?
• 5:42
  [SPEAKER_00]: And then I think, you know, if you have a great thesis on assets and you've done the research and you have the belief,
• 5:48
  [SPEAKER_00]: You know, this is something, yes, the price is going down.
• 5:50
  [SPEAKER_00]: That's actually what's happening.
• 5:52
  [SPEAKER_00]: But is it something, is it an opportunity?
• 5:54
  [SPEAKER_00]: Is it time to be, hey, yes, it's going down because of this.
• 5:57
  [SPEAKER_00]: But long term, is this something that is going to affect this asset?
• 6:01
  [SPEAKER_00]: And I've learned a lot from the team, from Bryce, from you, from Brendan over the years, and just like your own trading as you get older, and you go through these different, you know, black swan almost type of events.
• 6:13
  [SPEAKER_00]: And they all start to feel
• 6:15
  [SPEAKER_00]: Not similar, yeah, I guess they all start to feel similar sometimes of just, you know, the, the mass reaction.
• 6:22
  [SPEAKER_01]: Yeah, I totally agree with that.
• 6:24
  [SPEAKER_01]: And we always have to remember the market is more like a helium, you know, a beach ball, not a bowling ball, you know, when it's getting pushed under water, all it wants to do is come up.
• 6:34
  [SPEAKER_01]: So we have flushes, but what are flushes in the market?
• 6:38
  [SPEAKER_01]: The only way the market goes down is when someone takes liquidity out.
• 6:42
  [SPEAKER_01]: And we've kind of always have liquidity in the market.
• 6:44
  [SPEAKER_01]: So these things are really just temporary.
• 6:47
  [SPEAKER_01]: And I find them as great opportunities as you kind of reset a bit of leverage over leverage positions.
• 6:52
  [SPEAKER_01]: And then just kind of get these knee jerk reactions.
• 6:54
  [SPEAKER_01]: But money is constantly coming to the market.
• 6:56
  [SPEAKER_01]: And for all risk on assets, even Bitcoin stuff, I see these kind of turn pullbacks as really a big opportunity at the moment going to the next year.
• 7:07
  [SPEAKER_00]: totally great and i think when you look at it you know especially the circuit breaker sitting in Asia uh some of these AI trades that are getting absolutely slammed uh and i got it on the screen right now just you know our coin market cap we check it usually every week you know the the 20 index for seven days you know basically even bitcoin up you know 0.8 percent
• 7:28
  [SPEAKER_00]: Ethereum down on, you know, 1.7, you know, not not crazy volatile move.
• 7:33
  [SPEAKER_00]: So it's it's almost interesting to see less volatility in the crypto markets as other areas of the market seem to be having a lot of volatility, especially to the downside.
• 7:43
  [SPEAKER_00]: So it's always interesting to see kind of the narrative shift and change, but all the more reason to get the education.
• 7:49
  [SPEAKER_00]: And if you're somebody that's kind of looking around saying, hey, you know, I missed that big move up in August and
• 7:55
  [SPEAKER_00]: And you're kind of getting back into the crypto sphere to see what has to offer now's the time to dive in and get the full education and Bryce Hunter Brendan the rest of the team they put together the the bull run blueprint.
• 8:07
  [SPEAKER_00]: So if you're somebody that's not looking for just you know one coin to buy that you're going to ride or you know one or two if you want the full blueprint kind of looking into what portfolio you could build for this bull run as it seems to be some opportunities arising here.
• 8:22
  [SPEAKER_00]: Go down, scroll down, check the link.
• 8:24
  [SPEAKER_00]: It's the bull run blueprint, and it can kind of give you a full portfolio look at some opportunities.
• 8:29
  [SPEAKER_00]: You can look at with some proper education.
• 8:32
  [SPEAKER_00]: Go down, scroll up, click that link to learn more.
• 8:35
  [SPEAKER_00]: Hunter, as you get the charts up next, kind of the next big meeting is for the Fed is gonna be October 27th.
• 8:43
  [SPEAKER_00]: to the 28th that last week of October.
• 8:45
  [SPEAKER_00]: So two weeks time where I'm that up.
• 8:47
  [SPEAKER_00]: That's going to be an interesting one kind of as we talked about as inflation rates, you know, two more three more.
• 8:53
  [SPEAKER_00]: We're in a full-fledged liking cycle now.
• 8:56
  [SPEAKER_00]: And it'll be interesting to see the decision there, especially because that's the week before the midterm elections.
• 9:02
  [SPEAKER_00]: So it kind of gets political there.
• 9:04
  [SPEAKER_00]: But something that will, well, I up as you bring up the the Bitcoin charts break it down for us what you're seeing.
• 9:11
  [SPEAKER_01]: Of course, yeah, it's going to come up not not all in a mention, you know, it's spooky Halloween time, you know, this is the time to get spookies at the time where the markets get a little bit, you know, a little bit sketchy, maybe they get on sugar highs, a too much candy, then they have their come downs, but not not the friend because we always push forward to the end of the year, but what I really want to do and, you know, we don't have to spend too much time on the charts, but it is a great day to look at this.
• 9:35
  [SPEAKER_01]: Because I don't know if last week or whatever, I spoke about this here, we're getting Bitcoin alerts going up.
• 9:41
  [SPEAKER_01]: That's a good sign right there.
• 9:42
  [SPEAKER_01]: But the main thing last quarter, this is last quarter is a three-month chart.
• 9:48
  [SPEAKER_01]: Well, we closed above the second quarter's high.
• 9:52
  [SPEAKER_01]: We also,
• 9:54
  [SPEAKER_01]: took the second quarter's low.
• 9:56
  [SPEAKER_01]: So what we call there is a bullish engulf in candle.
• 9:59
  [SPEAKER_01]: Essentially, we wiped all of this price action away and we closed at the top.
• 10:05
  [SPEAKER_01]: And so that was like the biggest sign I've had.
• 10:09
  [SPEAKER_01]: when it comes to being a bull, as well as, you know, closing above this kind of structural high, which was our range high, which is what we're kind of battling with right now.
• 10:19
  [SPEAKER_01]: And so I see this pullback is really expected and actually kind of warranted and wanted because when
• 10:28
  [SPEAKER_01]: There's a thing is, if you're going to go down, you're usually going to go up first.
• 10:31
  [SPEAKER_01]: If you're going to go up, you're usually going to go down first.
• 10:34
  [SPEAKER_01]: So you can see that from the beginning of the year, we've pulled back to a low about 5%.
• 10:40
  [SPEAKER_01]: You know, if we go, we're not going to go back to all these candles, but if you just look, usually the quarter pulls back around 4 to 12%.
• 10:47
  [SPEAKER_01]: So before it goes up.
• 10:49
  [SPEAKER_01]: And so we see that little pull back here early in the quarter, as it's only been two weeks since
• 10:57
  [SPEAKER_01]: a great opportunity now what are we looking at after understanding that hey high time frame we're looking pretty bullish the quarter closed above the previous quarter's high we're back above this range high but we're battling with it what we really don't want to see is we don't want to see weekly kind of closures come back into this level below this around 83,000 because then that means that we're getting acceptance
• 11:21
  [SPEAKER_01]: into the range and which this means this is a failed look above or failed auction and then that would bring prices back to the midpoint of the range or to the lower end of the range But that's not the case and that's certainly not the highest probability highest probability right now is that this
• 11:37
  [SPEAKER_01]: structure that's being formed right now and creating this higher high, we're just looking for another higher low to continue our trajectory upwards.
• 11:45
  [SPEAKER_01]: At least that is what I'm looking for.
• 11:47
  [SPEAKER_01]: As right now we are stalled out here at the yearly open, but the yearly open is a very strong price.
• 11:53
  [SPEAKER_01]: We're trying to turn the yearly candle from a red one into a green one.
• 11:58
  [SPEAKER_01]: And you can see that because we've been spending a lot of time rejected right here, we're building up a lot
• 12:08
  [SPEAKER_01]: We do move up here.
• 12:09
  [SPEAKER_01]: This is going to be a possible big squeeze potential to really start moving pretty fast.
• 12:14
  [SPEAKER_01]: We're going to have targets up to about 93k and then around 100k.
• 12:18
  [SPEAKER_01]: But for now, let's get a little bit more granular and see what we're doing on the lower timeframes.
• 12:24
  [SPEAKER_01]: As I pull up a group that's already created, you can see I already have some stuff here.
• 12:28
  [SPEAKER_01]: I'm actually looking at a short term.
• 12:30
  [SPEAKER_01]: or possible long opportunity after today's bearish news or kind of bearish price section to begin with.
• 12:36
  [SPEAKER_01]: You can see I kind of have it structured out.
• 12:38
  [SPEAKER_01]: Looking at this might be the low we were looking for as we swept 80k to start moving up to the highs.
• 12:45
  [SPEAKER_01]: Now, of course, I wanted to be a little bit careful with that because there is the potential that
• 12:51
  [SPEAKER_01]: we do move up right here as we're getting a very nice daily candle and we kind of reject this value area high from this range, which is also that 83k high.
• 13:04
  [SPEAKER_01]: So price could come up to that level by the end of the day and then you know turn back over and still come back to some of our bigger levels and create this kind of three drives pattern to then continue that is still possible.
• 13:21
  [SPEAKER_01]: I think we may, you know, get a short term maybe retracement back to retest this, but we're looking at a possible, you know, our potential low right here that the low really was made for us to start going back to the other side of
• 13:36
  [SPEAKER_01]: the range and maybe continue our trajectory higher.
• 13:40
  [SPEAKER_01]: But of course, as with everything, there is an upside case and a downside case.
• 13:45
  [SPEAKER_01]: And, you know, we are long-term investors as well here.
• 13:48
  [SPEAKER_01]: And, you know, as we start to shift structure, any type of pullback is going to be a very valuable or deep value opportunity.
• 13:58
  [SPEAKER_01]: If you are a bull looking for this cycle to persist, you know, over the next
• 14:04
  [SPEAKER_01]: after coming out of the, you know, nine to nearly 12 month slump to the downside.
• 14:09
  [SPEAKER_01]: Now you can see if I clear this off a bit that this is a very technical level that we're kind of bouncing off of.
• 14:17
  [SPEAKER_01]: It's the, this white line, which is the all-time high V-wop and the value area high right here.
• 14:26
  [SPEAKER_01]: This is the volume profile from the beginning of the year.
• 14:28
  [SPEAKER_01]: Well, those are both in line around 78 to 79k.
• 14:32
  [SPEAKER_01]: And then on a little bit lower time frame, we have what we always like to talk about is the 0, 6, 1, 8 retracement or the golden pocket.
• 14:40
  [SPEAKER_01]: Okay.
• 14:42
  [SPEAKER_01]: which is the golden ratio.
• 14:43
  [SPEAKER_01]: You can see this morning, we went right up there.
• 14:46
  [SPEAKER_01]: What do we do?
• 14:46
  [SPEAKER_01]: We actually came down, took that psychological whole number of the 80K, bounced right into the 0618, and we've gotten a wonderful reaction out of there.
• 14:56
  [SPEAKER_01]: That's the exact type of reaction you want to see.
• 14:58
  [SPEAKER_01]: So this does persist over the next day.
• 15:00
  [SPEAKER_01]: And especially if we start to get back up and start closing above this 83K, I don't see why I don't see us really necessarily coming to test these deeper levels here.
• 15:10
  [SPEAKER_01]: But if we do, then we still have 78.5.
• 15:13
  [SPEAKER_01]: We've got the bottom of this range on 76K.
• 15:16
  [SPEAKER_01]: And then if it is a deeper retracement, we have the 200 day that's moving up that will continue to move up as time transpires in which that would be another big opportunity to the downside.
• 15:27
  [SPEAKER_01]: for now I'm really interested right here in this level and you know this is the thing is we always get this kind of doomerism and bearish kind of rhetoric when we start to crash and look we haven't really been crashing and we moved we moved about 7.8% off the 87k high that is nothing in crypto and bitcoins land at all.
• 15:50
  [SPEAKER_01]: I mean over here we moved down
• 15:53
  [SPEAKER_01]: You know, about eight to nine percent as well before we actually made another higher low to continue.
• 15:59
  [SPEAKER_01]: So I'd be looking at this as a possible opportunity and not to get to swept up and the emotional rhetoric of this.
• 16:06
  [SPEAKER_01]: But always be where, you know, careful, treasure plan, know where your levels are and don't act emotionally.
• 16:13
  [SPEAKER_01]: And so that way you can act with logic and not really in Peter's cell from a psychological standpoint.
• 16:20
  [SPEAKER_00]: Great breakdown, great stuff as always hunter.
• 16:23
  [SPEAKER_00]: And sorry for everybody, my video's not looking too crisp, but you get the sun rise and looks beautiful.
• 16:28
  [SPEAKER_01]: You're glistening with the sun on you.
• 16:30
  [SPEAKER_00]: Everybody can tell him on the road here.
• 16:31
  [SPEAKER_00]: I'm in San Diego going to be meeting up with Bryce this week in San Diego, so that'll be cool to get to meet up with him.
• 16:39
  [SPEAKER_00]: Talks shop, have a little fun.
• 16:40
  [SPEAKER_00]: And then I'm just bringing up, because again, I'm just going to bring up a clean market couple more time, because
• 16:45
  [SPEAKER_00]: You know, so much negativity last night before going to bed to see in the, you know, the, the, the stoppages over in the Asian markets, the circuit breakers getting hit, but you know, the NASDAQ open down.
• 16:57
  [SPEAKER_00]: I saw that had a bump off the mat, but I mean, these, a couple of these one hour charts on some of our, you know, old coins here are crazy like Z cash 3% bump near 4% I saw another 4% for uni swap and these are, I think, 10% off the recent lows overnight.
• 17:15
  [SPEAKER_00]: I think it's just interesting.
• 17:16
  [SPEAKER_00]: It seems like, you know, it goes back to that theory of, you know, what's going on.
• 17:22
  [SPEAKER_00]: We've seen this movie before, maybe, and it's interesting to see that, you know, maybe crypto's not going to be the most hated asset this year, even if the market heads down.
• 17:32
  [SPEAKER_00]: These, we've talked about these AI-high-flying stocks are so long.
• 17:37
  [SPEAKER_00]: You know, what goes up eventually
• 17:42
  [SPEAKER_00]: of of this AI trade in the promise of this AI build out aren't maybe as
• 17:48
  [SPEAKER_00]: you know, as high as people think, and we just mentioned that last week that open AI announced that it were like, was it $20 billion like below?
• 17:56
  [SPEAKER_00]: Yeah, and they're not even a public company.
• 17:59
  [SPEAKER_00]: You know, obviously, there's a lot of scrutiny and eyes on them.
• 18:04
  [SPEAKER_00]: They probably had to leak it because somebody or not leak it.
• 18:07
  [SPEAKER_00]: They probably had to tell the story because my guess would have been, you know, some high-level investor that is either in on the cap table or looking to get in
• 18:18
  [SPEAKER_00]: So it's interesting to see that the revenues are down and the, you know, just that fight on top of, you know, opening a I versus Google versus Claude, versus anthropic and, you know, all those, grok obviously, throw in there.
• 18:33
  [SPEAKER_00]: It's just a wild wild west out there whereas we used to be the wild west, but maybe me.
• 18:38
  [SPEAKER_00]: parents say hunters are a possibility that for the rest of the year uh and in the next year uh with with braids maybe maybe Bitcoin maybe some cryptos could be a quote-unquote like saying like to say there's always gunslingers out there and eventually there's got to be a new sheriff in this town you know so I think their kicking doors down the saloon is opening and beer glasses are being flown all over the place
• 19:00
  [SPEAKER_01]: And it might be crypto's time, you know, it's just time to uh, we're going to turn the wild wild west into the nice tranquil, um, beautiful utopia that crypto must be down in the future.
• 19:10
  [SPEAKER_01]: But, you know, I, I, I was the whole AI stuff.
• 19:14
  [SPEAKER_01]: And this has always been kind of my theory over the last month or two is that I don't see these are trillion dollar value companies at the moment.
• 19:22
  [SPEAKER_01]: I don't see any world where they go public in a down market with these companies.
• 19:28
  [SPEAKER_01]: I imagine that they would keep the market propped up to go public with these and then maybe after the fact sell, but I just can't imagine that would be the case.
• 19:38
  [SPEAKER_00]: All points say, uh, open AI not going public this year now, pulling out in Thropic.
• 19:43
  [SPEAKER_00]: I believe still says they're planning on it.
• 19:45
  [SPEAKER_01]: But obviously, well, once we get S just the S one filing, because that has to happen, like a certain few weeks before that goes, they actually go a lot.
• 19:54
  [SPEAKER_01]: So people, there's probably box out there scraping the SEC dot gov website, waiting for that S one filing.
• 20:01
  [SPEAKER_00]: Yeah, it's going to be exciting end of the year.
• 20:03
  [SPEAKER_00]: So you're going to stick around.
• 20:04
  [SPEAKER_00]: Give this video a thumbs up if you're new bottom right, subscribe.
• 20:07
  [SPEAKER_00]: Shout out to EDC Flex in the chat.
• 20:09
  [SPEAKER_00]: He said great to see you live.
• 20:10
  [SPEAKER_00]: I've always listened to the podcast.
• 20:12
  [SPEAKER_00]: I appreciate you stopping by, man.
• 20:13
  [SPEAKER_00]: He said he's on standby for a healthy correction.
• 20:17
  [SPEAKER_00]: You know, again, we can't give personal financial advice to anybody, but I think Hunter and I agree with you, especially after that chart session that Hunter just gave us one more negative point on the day and then we're going to flip the rest of the show to the positive stuff again, like we've always said, we tell it like it is, we tell the storylines as we find them to one more little negative point here, MSCI is likely to exclude micro strategy from its indexes is Friday.
• 20:40
  [SPEAKER_00]: Hunter, you brought this to my attention, so you want to break it down for the people.
• 20:43
  [SPEAKER_01]: Sure, you know, and they say likely to exclude, I don't know if that's true because this happened back in January when they had a review and so MSCI is an index provider and why this is important or why the industry providers are important is because all of the benchmarks that ETFs run off of are from these index companies are like morning star or MSCI and so when they create an index well maybe every six months they do what's called like reconstitution and which they
• 21:13
  [SPEAKER_01]: add or take out certain securities from the index, just like you would think about the S&P 500, you know, if they don't meet the top 500 market cap threshold, then they get taken out, you know, at a certain time.
• 21:24
  [SPEAKER_01]: And so then the ETFs that track these indices will their fund flows shift.
• 21:29
  [SPEAKER_01]: So that's one aspect of it is that,
• 21:32
  [SPEAKER_01]: there would be you know there's there I guess expecting maybe $2.8 billion in fund assets could be affected I don't believe that this is they're going to exclude it because they already reviewed it back in January and because MSTR seems to be at a pretty interesting technical spot as well as with Bitcoin on this pullback that
• 21:53
  [SPEAKER_01]: You know, they're just saying show me the chart and I'll tell you the news.
• 21:55
  [SPEAKER_01]: So I think that's kind of already foreshadowing that they won't get excluded.
• 21:59
  [SPEAKER_01]: But the other part of it is just if these digital asset treasuries are now not valued as operating companies and they're seen as non operating companies, you know, that might be put a hamper just on the future of kind of stats and how we perceive those in the treasuries companies.
• 22:17
  [SPEAKER_01]: So that's really the biggest thing is that.
• 22:20
  [SPEAKER_01]: They won't be seen really as an operating company.
• 22:23
  [SPEAKER_01]: So at that point, they're just a capital allocation, a company or a capital strategy, which is much different.
• 22:32
  [SPEAKER_00]: So, sorry, I was wondering, yeah, it's something to watch.
• 22:37
  [SPEAKER_00]: Again, it's always interesting.
• 22:38
  [SPEAKER_00]: You said that these are big funds and a lot of flows, and it's just money that kind of goes into these stocks that are in these.
• 22:46
  [SPEAKER_01]: Well, it goes in passively to that's the other thing.
• 22:48
  [SPEAKER_01]: You know, it's not an actually an active thing.
• 22:50
  [SPEAKER_01]: It's that naturally the money has to flow once the indexes change and the ETFs, or tracking those have to change and they do their rebalancing.
• 23:01
  [SPEAKER_00]: just like being included in, you know, the S&B 500, we've thought of a show and, you know, uh, Robin Hood and Coinbase got in there.
• 23:08
  [SPEAKER_00]: It's like, hey, this is a lot of, uh, you know, people's retirements to start going into and start blowing into these assets.
• 23:14
  [SPEAKER_00]: So something to keep an eye on there.
• 23:16
  [SPEAKER_00]: Now for some positive news, interactive brokers, um, they manage over 900 billion in assets, uh, launching crypto-staking for eligible investors.
• 23:25
  [SPEAKER_00]: Interactive brokers, uh, is, uh,
• 23:28
  [SPEAKER_00]: One of the brokers, if you kind of pull up their chart alongside Robinhood, have just had an absolute rocket of a rise up, you know, just call it maybe.
• 23:37
  [SPEAKER_00]: last five years since COVID, and they've been innovating in their own way and growing their business in their own way, but they weren't necessarily diving into crypto like Robinhood was.
• 23:47
  [SPEAKER_00]: So I think it's really interesting to hear about them supporting 20 plus crypto currencies external wall transfers and now working on bringing in staking rewards.
• 23:58
  [SPEAKER_00]: You know, this is a huge
• 24:07
  [SPEAKER_00]: Um, and, you know, rolling out these type of products kind of shows you like it's an industry stamp of approval.
• 24:13
  [SPEAKER_01]: Well, I, but, but they're also, so in that regard, yes, but they're also like an OG in the brokerage world.
• 24:20
  [SPEAKER_01]: And because they, they've been notorious for being what like we call it kind of an income or wealth gated that people couldn't even open up accounts back in the day unless you had like 25,000 or something.
• 24:30
  [SPEAKER_01]: And so, um, it's really kind of been,
• 24:33
  [SPEAKER_01]: geared to a lot of the more higher net worth individuals and they've stuck around for quite a while and see this innovation and that regard when you know that a lot of the clientele is kind of more of a H&W high net worth individual and that is good to see.
• 24:46
  [SPEAKER_00]: Yeah, I mean, on a on a on a on a five so in all time, let's see, when did this stock go public?
• 24:52
  [SPEAKER_00]: 2008, it went public all time you're approaching a 10 X in the last five
• 25:03
  [SPEAKER_00]: in the last five years, and I've seen their CEO on the business channel.
• 25:08
  [SPEAKER_00]: He's an OG for sure, and he's sharp to the point.
• 25:11
  [SPEAKER_00]: He doesn't mince his words.
• 25:14
  [SPEAKER_00]: What I meant to say is it's just interesting.
• 25:16
  [SPEAKER_00]: I've followed this company now, and I've seen the, you know, been a little disclosure investor, like, but I've, the CEO just couldn't be a years ago, just couldn't be like less interested basically in crypto, and to kind of see them slowly.
• 25:31
  [SPEAKER_00]: come around has been fun and especially the staking, you know, so just kind of some more positive news of like you said in OG, well-vegated.
• 25:40
  [SPEAKER_00]: I think they've definitely opened up their operations more.
• 25:44
  [SPEAKER_00]: People recently, you know, get more on their balance sheet.
• 25:48
  [SPEAKER_00]: They're in a hundred a billion nothing to sneeze at.
• 25:50
  [SPEAKER_00]: So.
• 25:52
  [SPEAKER_00]: more the more crypto products to the masses the better and an interesting tweet from Jesse building on base.
• 26:01
  [SPEAKER_00]: We are going to do more research that is called my eye this week, earning 3% in your stocks on base.
• 26:06
  [SPEAKER_00]: So it looks like they're rolling out some type of rewards on base via AAV and they're offering 3% on your stocks.
• 26:14
  [SPEAKER_00]: Now I think
• 26:16
  [SPEAKER_00]: I'm guessing this is in the tokenized platform.
• 26:18
  [SPEAKER_00]: So I want to do more research on this because it almost, it is one of those things.
• 26:23
  [SPEAKER_00]: I think we've always talked about on the show is whatever a project no matter what it is is offering some type of yield.
• 26:29
  [SPEAKER_00]: It's like, hey, we've got to find out where that yield's coming from.
• 26:31
  [SPEAKER_00]: And obviously, three percent is an a crazy amount, but it is a large amount for these types of stocks, right?
• 26:37
  [SPEAKER_00]: There's a lot of these stocks either.
• 26:38
  [SPEAKER_00]: Don't have dividends or very, very tiny dividend.
• 26:41
  [SPEAKER_00]: So it's interesting.
• 26:43
  [SPEAKER_00]: to see this offering.
• 26:45
  [SPEAKER_00]: So it's something that I want us to be you, Brendan, to do some research on because it'll be really interesting to see where this yields coming from and in the process to getting these, you know, I'm guessing this is some type of, you know, staking your tokenized shares would be my guess.
• 27:00
  [SPEAKER_00]: Well, I'm sure
• 27:02
  [SPEAKER_01]: Yeah, I mean, this is one of the kind of the intended consequences of this RWA tokenization is to literally open up so much more liquidity as now you can borrow and lend against your assets, which is not really something you can do as easily through kind of a traditional pipeline.
• 27:21
  [SPEAKER_01]: Now that you know, you go and stake or lend your stocks and you can borrow against you, you can borrow.
• 27:25
  [SPEAKER_01]: So,
• 27:26
  [SPEAKER_01]: That's just, and then you can use that, you know, borrow cash to purchase Bitcoin or something, you know, not the other do that, but that that's really the biggest thing there I think is just unlocking so much liquidity by being able to borrow and lend.
• 27:38
  [SPEAKER_01]: And this is what we're seeing and we're seeing, you know, 3% that's going to be kind of in line with your eeth staking yield as well so pretty pretty reasonable there.
• 27:47
  [SPEAKER_00]: Yeah, especially for, again, some stocks there that don't have any, any dividend or if they do it, you know, under a percent so something something definitely to keep an eye on and again, that's what this, you know, technology is and what we believe crypto can do for the people is give more access, give more opportunity.
• 28:06
  [SPEAKER_00]: This is a, I can't remember I talked with you with Brendan, but, um, we, there was, it was like the China super cycle was a, uh, kind of a theory that was pitched on a business channel and I picked up on it was like, oh, that is, that is fun.
• 28:18
  [SPEAKER_00]: So this is the quick summary of it for those who've heard it before is like, hey.
• 28:21
  [SPEAKER_00]: If China gets involved in crypto and China gets involved in maybe some big coin or some all coins, it could create this China super cycle.
• 28:28
  [SPEAKER_00]: So China officially calls for the construction of a national blockchain network as part of its economic strategy.
• 28:34
  [SPEAKER_00]: So obviously being a communist country, they're obviously going to have tons of restrictions of where what they're building, where their capital goes.
• 28:42
  [SPEAKER_00]: But again, just dipping their foot in the crypto pool is so much different than the rhetoric we heard three.
• 28:47
  [SPEAKER_00]: four or five years ago of, you know, not allowing anybody in their country to work on this technology, the whole Bitcoin being a communist country, you know, they're trying to avoid it and shut it down, especially for the people that live in their country.
• 29:01
  [SPEAKER_00]: So I just a different rhetoric, obviously, it's going to be a unique rollout or strategy.
• 29:07
  [SPEAKER_00]: But again, just dip in their toe in the pool.
• 29:09
  [SPEAKER_00]: I think is worth noting.
• 29:12
  [SPEAKER_01]: Yeah, well said, and you know, I mean, the Hong Kong, though, I've heard some conjecture that rather than the Singapore, the Hong Kong is kind of gearing up to be maybe the kind of digital asset hub of the Asia sector.
• 29:24
  [SPEAKER_01]: And you know, we did, there was like a tower, uh, the Solana tower.
• 29:28
  [SPEAKER_01]: There's all that like had a bunch of Solana advertisements on us.
• 29:31
  [SPEAKER_01]: So, you know, you do see a big kind of booming there.
• 29:34
  [SPEAKER_01]: Of course, Hong Kong is kind of,
• 29:36
  [SPEAKER_01]: A little bit separated to some kind of jurisdiction within the China system, but it's still adjacent.
• 29:41
  [SPEAKER_01]: So I do see that as, yeah, once you unlock that, that's a lot of more capital.
• 29:46
  [SPEAKER_00]: Yeah, in our last topic for the day here, the U.S. government find banked the miracle $1.2 billion for violating money laundering and regulations and sanction laws.
• 29:56
  [SPEAKER_00]: Hunter, I just, I sit here and I think of, you know, Liz Warren, friend of the show,
• 30:01
  [SPEAKER_00]: And now she's so anti-crypto, the anti-crypto army, she was sending male and flyers to everybody, saying, join vote for me, join the anti-crypto army.
• 30:10
  [SPEAKER_00]: We're going to stop violating, we're going to stop money laundering, we're going to make sure everybody follows the sanction laws in the crypto industry, they're money laundering, they're evil, and then, you know, she's a big, she takes money from big bank, right?
• 30:23
  [SPEAKER_00]: She loves the banks, he loves them, he can't get enough of these friends doing 1.2 billion,
• 30:31
  [SPEAKER_00]: for money laundering.
• 30:33
  [SPEAKER_00]: So it's like, you got to ask the question, and hey, Liz, what's going on?
• 30:35
  [SPEAKER_00]: Make sure you watch your side of the pool as well if you're the lifeguard of the financial industry.
• 30:42
  [SPEAKER_00]: And I bring this up, I joke, I kid, but I think it is something to note as we head into election season and we have our eye on, you know, just crypto regulation and what's going to happen for the remainder of the Trump presidency the final two years, is this something that can kind of open the eyes of bipartisan
• 30:59
  [SPEAKER_00]: you know, work on the crypto industry.
• 31:00
  [SPEAKER_00]: So whatever happens, it's midterm election.
• 31:04
  [SPEAKER_00]: You know, this is a big news story.
• 31:05
  [SPEAKER_00]: It's a huge fine.
• 31:08
  [SPEAKER_00]: And, you know, instead of, I just feel like the vibe on crypto is completely shifted, obviously, last couple of years, it's only gotten more momentum and more adoption.
• 31:19
  [SPEAKER_00]: But then there's stuff like this that may be, you know, a Democrat.
• 31:22
  [SPEAKER_00]: might look at this and want to ride this.
• 31:25
  [SPEAKER_00]: Hey, we're stopping all money laundering.
• 31:27
  [SPEAKER_00]: We're stopping all financial crime.
• 31:29
  [SPEAKER_00]: And so it's not just happening in the crypto industry.
• 31:31
  [SPEAKER_00]: It's happening in banks of America as the Bells Fargo's, you know, the big,
• 31:36
  [SPEAKER_00]: banks of our country, which again aren't going anywhere, but they're in a bear market man.
• 31:42
  [SPEAKER_00]: These banks are down 20% plus.
• 31:44
  [SPEAKER_00]: So I think it is something that could be looked on in the next two years and called back on something like this to maybe promote bipartisan support for getting some crypto regulation.
• 31:57
  [SPEAKER_01]: Yep, most said, and you know, you have Kraken's parent company payword buying a EU bank recently, and then you have, with this money laundering thing, well, they're probably going to raise fees so that they can pay for the money laundering, so you have maybe a deposit flight, which is bullish for kind of the neobanks like a Athena's and stuff that we talk about in the crypto sphere, so definitely something to look out for as the guard starts to shift.
• 32:23
  [SPEAKER_00]: Yeah, and we're gonna be here to cover it all.
• 32:25
  [SPEAKER_00]: We really appreciate everybody joining us this afternoon.
• 32:30
  [SPEAKER_00]: It's been a rocky road, it's been some volatility, but Hunter Brendan, they've kind of showed you the charts.
• 32:35
  [SPEAKER_00]: They've kept you calm, and again, the news flow continues to be overall positive for the space.
• 32:40
  [SPEAKER_00]: We really appreciate you joining us.
• 32:41
  [SPEAKER_00]: If you give us a thumbs up on the bottom right, if you're new subscribe, check out the links below as always.
• 32:47
  [SPEAKER_00]: That's gonna be all for now, but we're gonna see you next week.
• 32:49
  [SPEAKER_00]: Have a great weekend.
• 32:50
  [SPEAKER_00]: Bye-bye.