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Ethereum Sparking Altcoin Rally?🚀Uncertainty Not Stopping Crypto!🔥 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Market, uncertainty is setting in and of course the market
• 0:08
  Speaker 1: is in a very interesting position. We'll break it down
• 0:11
  Speaker 1: for you. My name is Paul Barrel. Welcome back into
• 0:13
  Speaker 1: tech path. EITH may be on the forefront here, so
• 0:15
  Speaker 1: you don't want to miss this one. I do want
• 0:17
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• 0:19
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• 0:21
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• 0:34
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• 0:37
  Speaker 1: so use our link down below. Let's get going. I
• 0:39
  Speaker 1: want to go into a couple of key things that
• 0:41
  Speaker 1: are happening this week. One of course I want you
• 0:43
  Speaker 1: to watch for is in video earnings and Video is
• 0:45
  Speaker 1: getting ready to report on Wednesday.
• 0:47
  Speaker 2: This could be a good thing for the mag seven.
• 0:50
  Speaker 1: It's also could be a good thing in general for
• 0:52
  Speaker 1: AI and I'll explain why this matters here in a moment,
• 0:56
  Speaker 1: But keep an eye on tomorrow's earnings from in video.
• 0:58
  Speaker 1: The other thing that could be pushing the market into
• 1:00
  Speaker 1: a very unusual time is this right here. In forty
• 1:05
  Speaker 1: five days, Japan's thirty year government bond yields rows one
• 1:09
  Speaker 1: hundred basis points. This is a record three point two
• 1:11
  Speaker 1: percent over five hundred billion worth of safe forty year
• 1:14
  Speaker 1: Japanese government bonds. Now I have lost twenty percent. Now what
• 1:17
  Speaker 1: does that mean for us? What that means is the
• 1:20
  Speaker 1: Japanese hold a lot of US treasuries to offset some
• 1:24
  Speaker 1: of those losses, going to sell US treasuries. That would
• 1:27
  Speaker 1: put a lot of pressure on the US government. And
• 1:31
  Speaker 1: how this could affect is even all the way down
• 1:34
  Speaker 1: into a FED rate increase.
• 1:37
  Speaker 2: Let me play a clip for you to explain.
• 1:39
  Speaker 3: So the massive climb in bond yields in Japan indicates
• 1:42
  Speaker 3: a massive sell off. Like if Japan sells off too much,
• 1:45
  Speaker 3: we are going to start to see a lot of
• 1:47
  Speaker 3: unraveling happening.
• 1:48
  Speaker 2: What will that do?
• 1:49
  Speaker 3: It will further exacerbate the market's reluctance to own US treasuries,
• 1:54
  Speaker 3: which means yields go even higher, which means interorth rates
• 1:57
  Speaker 3: for businesses and individuals go higher. Correct, and the only
• 2:01
  Speaker 3: way to keep those interest rates low will be for
• 2:04
  Speaker 3: the Federal Reserve to try and step in and buy
• 2:07
  Speaker 3: those bonds, which will devalue the dollar. That's the consequence
• 2:13
  Speaker 3: I think of this particular bill because it signals a
• 2:16
  Speaker 3: lack of reluctance to actually address me. Let me say
• 2:19
  Speaker 3: something here.
• 2:19
  Speaker 1: These guys go in and will hit a flood of
• 2:22
  Speaker 1: supply that is overwhelming buyers. This is basically going to
• 2:25
  Speaker 1: be holding over four point one trillion in bonds. That's
• 2:27
  Speaker 1: fifty two percent of the entire market. Now, why is
• 2:30
  Speaker 1: that important to what we're doing in DC. Well, right now,
• 2:34
  Speaker 1: it is important that the Senate steps away from this
• 2:38
  Speaker 1: potential bill that is going to cause this catastrophe that
• 2:44
  Speaker 1: could happen. And what they're saying right now is GFP
• 2:47
  Speaker 1: Senator hits the Trumps tax bill saying that there's enough
• 2:50
  Speaker 1: Republican votes to stop the process.
• 2:52
  Speaker 2: This would be a good thing.
• 2:54
  Speaker 1: That's the way out of this to be able to
• 2:56
  Speaker 1: create more of a macro positive environment and get Japanese.
• 3:00
  Speaker 1: But the key here, I think long term, is to
• 3:02
  Speaker 1: start to reduce the Japanese ownership in US treasures, because
• 3:05
  Speaker 1: that's the thing you can't have going forward. Now I
• 3:07
  Speaker 1: want to go to this next clip because this will
• 3:09
  Speaker 1: get into what they're up against just to make this happen.
• 3:14
  Speaker 2: Take a look.
• 3:15
  Speaker 4: I mean, they've kind of hercule fantastic.
• 3:16
  Speaker 5: If you were a betting man and you were to
• 3:18
  Speaker 5: look at a calendar, when do you think all this
• 3:21
  Speaker 5: gets resolved?
• 3:22
  Speaker 4: Well after the fourth of July.
• 3:23
  Speaker 5: Well after they may have to run before Labor Day.
• 3:29
  Speaker 4: We'll probably get to August and they'll say it's now
• 3:31
  Speaker 4: October September. But putting this together is going to be
• 3:36
  Speaker 4: extremely difficult in four weeks before the fourth of July,
• 3:39
  Speaker 4: So maybe August, my opinion, is more likely later in
• 3:42
  Speaker 4: the year.
• 3:43
  Speaker 2: Like in September October.
• 3:44
  Speaker 5: Yeh wow.
• 3:45
  Speaker 1: All right, So what does this do to the current market? Well,
• 3:48
  Speaker 1: it could delay a few things. When it could delay
• 3:51
  Speaker 1: the stable coins, the Genius Act. It could also roll
• 3:53
  Speaker 1: over like a domino effect and delay the market structure
• 3:57
  Speaker 1: bill and all of this affects crypto in general. Timing
• 4:01
  Speaker 1: could be right in the fact that it could happen
• 4:03
  Speaker 1: in the summer and we get a reprieve on that,
• 4:05
  Speaker 1: maybe toward the third quarter, but still this creates a
• 4:10
  Speaker 1: lot of uncertainty in the market and we could see
• 4:13
  Speaker 1: that impact very quickly.
• 4:15
  Speaker 2: Here's a clip to kind of explain that.
• 4:17
  Speaker 1: Harry, if there were a way to measure the level
• 4:21
  Speaker 1: of uncertainty that people feel.
• 4:23
  Speaker 5: Okay, trade policy uncertainty index through the roof up eight
• 4:28
  Speaker 5: hundred and forty six percent versus a year ago. These
• 4:32
  Speaker 5: two entities. What's essentially going on is he is threatening
• 4:35
  Speaker 5: the US economy and that is why we've seen the
• 4:37
  Speaker 5: markets do a little bit of this.
• 4:39
  Speaker 1: Keep guy all right, good, all right, Harry, you can
• 4:43
  Speaker 1: stop out, all right.
• 4:44
  Speaker 2: So markets yes doing a little bit of that.
• 4:46
  Speaker 1: Even though Bitcoin has been pretty much on an all
• 4:49
  Speaker 1: time high run. However, there was some news here recently
• 4:52
  Speaker 1: from Google saying that quantum computers could actually put a
• 4:55
  Speaker 1: little bit of a stifle in bitcoin in the future
• 4:59
  Speaker 1: much faster and a couple of points they hit within
• 5:01
  Speaker 1: a couple of tweets, is this new encryption? This rsa
• 5:05
  Speaker 1: encryption that could theoretically break bitcoin.
• 5:08
  Speaker 2: Now, this again has been.
• 5:09
  Speaker 1: Thought of, We've talked about it before here on the show,
• 5:12
  Speaker 1: but the first time that we've really seen activity from
• 5:16
  Speaker 1: the technical companies like Google is right here. We just
• 5:19
  Speaker 1: launched a q DA price. This is going to be
• 5:21
  Speaker 1: a Bitcoin to the first team to break a toy
• 5:23
  Speaker 1: version of Bitcoin's cryptography. So this is the first time
• 5:27
  Speaker 1: we've seen this roll into it. And remember, advanced computing
• 5:32
  Speaker 1: is going to be the future here. That's why we'll
• 5:34
  Speaker 1: see so much more in the way of AI. And
• 5:37
  Speaker 1: this was such a concern that even Blackrock had to
• 5:41
  Speaker 1: put out a statement and here's what they said. If
• 5:43
  Speaker 1: quantum computing is able to advance in that way, there
• 5:45
  Speaker 1: is a risk that quantum computing could result in the
• 5:48
  Speaker 1: underlying Bitcoin network becoming ineffective. If that happens and we
• 5:52
  Speaker 1: have any kind of compromise, this is something trust others
• 5:55
  Speaker 1: with a Bitcoin network, which would result in losses to shareholders.
• 5:58
  Speaker 1: So they're putting out a statement now that is very
• 6:02
  Speaker 1: very telling of where this could go. Now, think about
• 6:05
  Speaker 1: this from an ETF standpoint. Here's the bitcoin ETF rolling out.
• 6:09
  Speaker 1: Over this last little bit, we saw rise and then
• 6:12
  Speaker 1: over the last little bit we've started to see a
• 6:14
  Speaker 1: little bit of a falloff. Since the twenty first take
• 6:17
  Speaker 1: a look at ethereum. You can kind of see here's
• 6:19
  Speaker 1: a little bit of a move right here in the
• 6:21
  Speaker 1: last few days. Is this the beginning of Ethereum's run
• 6:25
  Speaker 1: that's the question I think everybody's asking. Now, there's a
• 6:27
  Speaker 1: lot of reasons why there is not only an uncertainty
• 6:32
  Speaker 1: situation that could cause a pump for ethereum. Here's a
• 6:35
  Speaker 1: couple of points. This was breaking ethereum valid airs. Now
• 6:39
  Speaker 1: are supporting raising gas limit from thirty six ms to
• 6:42
  Speaker 1: sixty m.
• 6:43
  Speaker 2: Now what does that mean?
• 6:44
  Speaker 1: This gets into the point that this could all happen
• 6:47
  Speaker 1: from now on. Expect these regular gas limit bumps. Ten
• 6:50
  Speaker 1: percent of stake is already voting for a sixty m limit.
• 6:54
  Speaker 1: All of this could happen in the future on a
• 6:57
  Speaker 1: regular basis, so even low cost in terms of L
• 7:01
  Speaker 1: one's gas limits. The other thing is speed. These are
• 7:05
  Speaker 1: the transactions per second. This is tps that was scored
• 7:08
  Speaker 1: against what we're seeing within the L one right now,
• 7:12
  Speaker 1: ninety four percent. We're coming in under twelve seconds. Now
• 7:15
  Speaker 1: that all starts to point in the right direction. Here's
• 7:18
  Speaker 1: a breakdown of what they see going forward.
• 7:21
  Speaker 2: Take a look.
• 7:22
  Speaker 6: We want to start off by showing sp one hypercubes
• 7:24
  Speaker 6: groundbreaking ability to prove ethereum blocks in real time. Sp
• 7:28
  Speaker 6: one hypercube is able to prove over ninety three percent
• 7:31
  Speaker 6: of the blocks in under twelve seconds, with an average
• 7:33
  Speaker 6: block taking just ten point three seconds. Just a year ago,
• 7:36
  Speaker 6: we were over ten x away from this level of performance.
• 7:39
  Speaker 6: You and will now demo proving an ethereum block and
• 7:41
  Speaker 6: it's terminal.
• 7:42
  Speaker 7: I'm going to request a proof for this Ethereum mainenat
• 7:44
  Speaker 7: block from about a month ago. It uses thirty two
• 7:47
  Speaker 7: million gas, contains hundreds of transactions, and we're going to
• 7:50
  Speaker 7: generate a proof of its execution in less than twelve
• 7:53
  Speaker 7: seconds across a bare metal cluster of two hundred GPUs.
• 7:56
  Speaker 7: Looks like it's already done. A one megabyte proof generated
• 7:59
  Speaker 7: in just under eleven seconds.
• 8:01
  Speaker 1: Could also move Ethereum into a position to be quantum resistant.
• 8:05
  Speaker 1: So think about that one of the blockchains that could
• 8:07
  Speaker 1: become quantum resistant, especially on this news or in the
• 8:10
  Speaker 1: heels of that news of what Google is talking about
• 8:13
  Speaker 1: with bitcoins. So there's just a lot of things that
• 8:15
  Speaker 1: are loose right now. Be paying attention to that. Now.
• 8:19
  Speaker 2: Another thing that's playing out.
• 8:20
  Speaker 1: In the eth ecosystem is this move right here. This
• 8:22
  Speaker 1: is Sharplink Gaming. Sharplink Gaming Course announced four underd and
• 8:25
  Speaker 1: twenty five million dollar private placement to initiate an Ethereum
• 8:29
  Speaker 1: treasure strategy, think micro strategy for Ethereum. So these guys
• 8:33
  Speaker 1: are gaming just like micro strategy as a tech company
• 8:36
  Speaker 1: and gaming. These guys are all about gaming. Now, one
• 8:38
  Speaker 1: thing they did do is they asked Joseph Lubin of
• 8:42
  Speaker 1: Consensus to set on the board. So that clearly shows
• 8:45
  Speaker 1: a big directive going toward the future of Ethereum. Now,
• 8:49
  Speaker 1: let's take a look at Sharplink in general. If you
• 8:52
  Speaker 1: go to their website right here proven fan Activation Solutions.
• 8:56
  Speaker 1: A couple of points I want to hit on is
• 8:57
  Speaker 1: some of the brands. These are partners, These are big
• 9:01
  Speaker 1: betting organizations, gaming companies, et cetera. But as you start
• 9:05
  Speaker 1: to go further down, now we're getting into direct to
• 9:07
  Speaker 1: player marketing. These are actual sites that you will recognize,
• 9:11
  Speaker 1: and that is places like FanDuel, bet MGM, Draftking, Sportbook.
• 9:17
  Speaker 1: All of that could mean that we could see a
• 9:20
  Speaker 1: Web three version or possibly even a Web two version
• 9:22
  Speaker 1: that could eventually make its way into Web three, all
• 9:24
  Speaker 1: designed around the ecosystem with Ethereum. So just look at
• 9:28
  Speaker 1: that sharplink gaming. Just in the last few days, right
• 9:31
  Speaker 1: there a big bump in recent activity for obvious reasons.
• 9:36
  Speaker 1: This might be opening up some very very positive news
• 9:40
  Speaker 1: for sharplink, all based on ethereum. Now, another thing that
• 9:42
  Speaker 1: you got to consider is Solana just now live on
• 9:46
  Speaker 1: meta mass. Now remember meta mass could be the extension
• 9:50
  Speaker 1: that ties all of this together for things like Web
• 9:53
  Speaker 1: three betting and the potential use case of what we'll
• 9:57
  Speaker 1: see maybe from maybe even our transition of Web two.
• 10:00
  Speaker 1: So you've got two ecosystems that all play into this.
• 10:03
  Speaker 1: One note on Solana is it could lag right now
• 10:05
  Speaker 1: as especially ethereum with meme coin activity dropping this coming
• 10:09
  Speaker 1: in from standard charter, does that mean that eth is
• 10:12
  Speaker 1: finally in a position to make a run and could.
• 10:15
  Speaker 2: It outperform Salona.
• 10:16
  Speaker 1: Let me know what you guys think down in the comments,
• 10:18
  Speaker 1: because I think this is going to really start to
• 10:20
  Speaker 1: play out very quickly.
• 10:22
  Speaker 2: Let's take a look at.
• 10:23
  Speaker 1: The ETH chart because by the way, don't remember also
• 10:26
  Speaker 1: that when you look thinking of use case, think about Google,
• 10:31
  Speaker 1: Microsoft and even companies like McDonald's who had shunned away
• 10:35
  Speaker 1: from the idea of putting bitcoin in their treasury and
• 10:37
  Speaker 1: possibly using it, and it had been talking and actually
• 10:40
  Speaker 1: implementing on ethereum, So that could be another factor with
• 10:44
  Speaker 1: what sharpling gaming is doing that ties to all of this.
• 10:46
  Speaker 1: If you look at the chart, eth of course had
• 10:49
  Speaker 1: anice little move here over the last four days, good
• 10:52
  Speaker 1: little run up. Maybe this is the beginning and this
• 10:56
  Speaker 1: if you compare this also with what's going on with virtuals.
• 10:59
  Speaker 2: Let me show you something. Virtuals. They have these version
• 11:01
  Speaker 2: points that have now been launched.
• 11:03
  Speaker 1: Now what this means is you're going to get access
• 11:05
  Speaker 1: to pre to con generated events and this is going
• 11:08
  Speaker 1: to be all allocation and GIGAAI agent launches. So the
• 11:11
  Speaker 1: potential here as AI agents launch on this, you guys
• 11:15
  Speaker 1: are going to if you're holding these version points as
• 11:18
  Speaker 1: you're doing activities, and some of the activities you can do,
• 11:21
  Speaker 1: example right here you apping points. You can also stake
• 11:24
  Speaker 1: things like virtual and others including AI agents. And if
• 11:28
  Speaker 1: you guys will remember if we've talked about bite before,
• 11:31
  Speaker 1: this is one of those. This is kind of the
• 11:33
  Speaker 1: future of where AI is going and maybe even quantum
• 11:35
  Speaker 1: computer if you think about it.
• 11:36
  Speaker 2: The point being is.
• 11:37
  Speaker 1: That we could see devices that are all voice enabled
• 11:40
  Speaker 1: and if that is going to be the case, look
• 11:43
  Speaker 1: for AI agents like one of these that could be
• 11:46
  Speaker 1: able to generate more impact on crypto and of course
• 11:50
  Speaker 1: virtuals is the one we're picking to be the winner there,
• 11:53
  Speaker 1: So big news out there for sure. Last up I
• 11:56
  Speaker 1: want to hit on, and that of course is stable
• 11:58
  Speaker 1: coins and stable coin because we have the genius actors
• 12:00
  Speaker 1: on the verge of hopefully hopefully passing, but Hong Kong
• 12:03
  Speaker 1: has rug pulled us. They've passed the stable Coin Bill now,
• 12:06
  Speaker 1: which titans their grip on the digital dollar, and it
• 12:09
  Speaker 1: puts a lot of pressure on US lawmakers to be
• 12:12
  Speaker 1: able to do the same thing. They are now passing
• 12:14
  Speaker 1: a new law requiring stable coin issues to be licensed.
• 12:17
  Speaker 1: So major shift and digital assets, and it's all happening
• 12:21
  Speaker 1: in China, So pay attention, guys.
• 12:24
  Speaker 2: It's real.
• 12:24
  Speaker 1: Ethereum flashes all coin season signals as ETH potentially could
• 12:29
  Speaker 1: hit around forty one hundred and even if you consider
• 12:33
  Speaker 1: where we are on the all coin season, the opportunity
• 12:37
  Speaker 1: here for ETH is setting up in a very good way.
• 12:41
  Speaker 1: Let me know what you guys think down in the comments.
• 12:43
  Speaker 1: If you're not part of the Diamond Circle, make sure
• 12:44
  Speaker 1: and get in on that. It's a great place to
• 12:46
  Speaker 1: get additional content for me, and of course follow me
• 12:49
  Speaker 1: out there on x at Paul Baron. We'll catch you
• 12:51
  Speaker 1: next time, right here on tech Path.
• 13:00
  Speaker 7: Yeah,