Latest / The Paul Barron Crypto Show / Ethereum Outperforming Bitcoin🚨$2 Trillion in Stablecoins Coming?

Transcript

Ethereum Outperforming Bitcoin🚨$2 Trillion in Stablecoins Coming? · The Paul Barron Crypto Show

• 0:05
  Speaker 1: Bitcoin or ethereum. That's the question everybody's asking for twenty
• 0:09
  Speaker 1: twenty five. I'll break it down for you. My name
• 0:10
  Speaker 1: is Pelberre. Welcome back in a tech path. Listen, it's
• 0:13
  Speaker 1: gonna be a good one today. We're gonna break down
• 0:14
  Speaker 1: a lot of what's happening within the eth ecosystem, how
• 0:17
  Speaker 1: bitcoin could play out in twenty twenty five. But before
• 0:20
  Speaker 1: we do that, I do want to thank our sponsor,
• 0:22
  Speaker 1: and that is Coinbase, a great place to get out
• 0:24
  Speaker 1: there and get into your own crypto platform is the
• 0:28
  Speaker 1: future of money. So all you have to do is
• 0:30
  Speaker 1: use our link down below. You're gonna get two hundred
• 0:32
  Speaker 1: bucks in crypto to get started. Maybe this is your
• 0:34
  Speaker 1: first time to get started in crypto, so of course
• 0:36
  Speaker 1: Coinbase is a great place to get started. Let's go
• 0:39
  Speaker 1: over to a couple of points I want to hit
• 0:40
  Speaker 1: on today. One of course is KOBEEC. We'll get into
• 0:43
  Speaker 1: where the stock market is right now. If you see
• 0:45
  Speaker 1: where it has been now, it has recovered slightly as
• 0:48
  Speaker 1: of recording, but posting back to back losses during the
• 0:51
  Speaker 1: Santa Claus rally, which did not happen. Of course, as
• 0:54
  Speaker 1: you saw, we did not see the numbers, even though
• 0:58
  Speaker 1: we have seen a little bit of adjustment, I don't
• 0:59
  Speaker 1: know if that's going to happen through the end of
• 1:01
  Speaker 1: the month or not. Here we are recording this on
• 1:04
  Speaker 1: December thirtieth. One other thing to take a look at
• 1:06
  Speaker 1: is just how much money is setting on the sidelines
• 1:09
  Speaker 1: right now in US money markets. You've got a current
• 1:11
  Speaker 1: six point seventy five trillion, that's the right trillion.
• 1:15
  Speaker 2: Look at the.
• 1:16
  Speaker 1: Chart right here. Also, this is unbelievable to see that
• 1:19
  Speaker 1: much money setting in yield bearing accounts, in money market
• 1:23
  Speaker 1: funds that most likely are looking for high yield opportunities
• 1:27
  Speaker 1: going into twenty twenty five, some of which have maybe
• 1:30
  Speaker 1: already taken their tax losses for the year, and we're
• 1:33
  Speaker 1: waiting for a January first event. That's where I think
• 1:37
  Speaker 1: a lot of things are going to start to play
• 1:38
  Speaker 1: out for both Bitcoin and also for ethereum, Tether facing
• 1:43
  Speaker 1: their EU regulatory hurdles. Course, right now, as Mika starts
• 1:48
  Speaker 1: to roll out, I think it's effective today this of
• 1:50
  Speaker 1: course is affecting the current market cap. It's dropping by
• 1:54
  Speaker 1: almost two billions. So that's one factor we've pointed out
• 1:57
  Speaker 1: to you guys, is that tether would most likely take
• 1:59
  Speaker 1: a mark hit. If you take a look at coin
• 2:02
  Speaker 1: market cap, this is on the thirty day for Tether
• 2:05
  Speaker 1: price is of course a little bit on dirt, but
• 2:08
  Speaker 1: if you look at the market cap in general, this
• 2:10
  Speaker 1: is kind of where everybody's been looking at the performance
• 2:12
  Speaker 1: and of course dropping off one hundred and forty billion,
• 2:14
  Speaker 1: now this has happened before, we've seen it in past cycles.
• 2:18
  Speaker 1: That's a big factor, and of course everybody's been knowing
• 2:20
  Speaker 1: this is coming. All of the d listings on Tether
• 2:23
  Speaker 1: will happen this week, so be looking for that. Other
• 2:27
  Speaker 1: things to look at right here, tether bitcoin holdings are
• 2:30
  Speaker 1: also hitting seven point six billion after the latest bitcoin addition,
• 2:35
  Speaker 1: so maybe what they're doing is holding bitcoin in not
• 2:39
  Speaker 1: US security. So I don't know. This is what we're
• 2:43
  Speaker 1: taking a look at with Tether in general. Other things
• 2:46
  Speaker 1: I want to take a look at is of course,
• 2:47
  Speaker 1: where are stable coins holding out? If you look at
• 2:50
  Speaker 1: this chart right here, stable coins USDT and USDC and
• 2:54
  Speaker 1: of course Solana leading the way here on what we
• 2:58
  Speaker 1: are seeing in terms of stable coins being held. So
• 3:01
  Speaker 1: again good growth here. Solana continues to be a high
• 3:04
  Speaker 1: performer in terms of especially on stable coins. The other
• 3:08
  Speaker 1: thing I want to take a look at is just
• 3:09
  Speaker 1: the amount of growth we saw on unie swap. Just
• 3:13
  Speaker 1: to look at this, guys, this is an insane pump
• 3:16
  Speaker 1: that we saw in the month of December, its highest
• 3:19
  Speaker 1: ever on uniswap. Again, decentralized exchanges will be I think
• 3:25
  Speaker 1: one of the biggest categories that we'll see in twenty
• 3:28
  Speaker 1: twenty five. Other things we're going to be watching, of
• 3:30
  Speaker 1: course is real world assets token ice treasuries right here,
• 3:34
  Speaker 1: over four billion now and continuing to roll. If you
• 3:37
  Speaker 1: look at this very big, a very big explosion. Some
• 3:41
  Speaker 1: of this of course coming from hash note, which is
• 3:45
  Speaker 1: the one to kind of take a look at almost
• 3:46
  Speaker 1: a one point eight billion in market cap right there.
• 3:50
  Speaker 1: Other things to look at within real world assets is
• 3:54
  Speaker 1: just the networks themselves, and of course you have to
• 3:56
  Speaker 1: look at ethereum, which is why we think eth is
• 3:58
  Speaker 1: the way to go. When you look look at the
• 4:00
  Speaker 1: potential for twenty twenty five, again, Ethereum absolutely overperforming here
• 4:06
  Speaker 1: and I think it's just getting started. When you look
• 4:08
  Speaker 1: at security being one of the biggest factors, and anybody
• 4:12
  Speaker 1: that's looking to try to build within the crypto ecosystem
• 4:15
  Speaker 1: Eth has been the basis of where they're going. So
• 4:18
  Speaker 1: just keep a little bit of an eye on that,
• 4:20
  Speaker 1: because as you look at both the Bitcoin price kind
• 4:23
  Speaker 1: of hovering around that ninety to ninety two range and
• 4:26
  Speaker 1: you look at Eth, do we get that performance on
• 4:29
  Speaker 1: ethereum because we haven't seen a big drop in the
• 4:31
  Speaker 1: eighth price as comparison to where Bitcoin was at one
• 4:35
  Speaker 1: oh five or one oh six from it's high, So
• 4:38
  Speaker 1: definitely want to watch just to take a look on
• 4:41
  Speaker 1: trading view. This course is the ETH BTC chart, and
• 4:44
  Speaker 1: you can see the decline of ETH all the way
• 4:46
  Speaker 1: back until we hit around the twenty second of December,
• 4:49
  Speaker 1: and this is the performance that we started to see
• 4:52
  Speaker 1: on ethereum. And if you look at bitcoin in general,
• 4:55
  Speaker 1: and I think this is one of the things that
• 4:56
  Speaker 1: you have to kind of consider right here. On the
• 4:58
  Speaker 1: seventeenth of December was when we saw that one oh
• 5:01
  Speaker 1: six high and the adjustment off of that. So this
• 5:05
  Speaker 1: might be the pivotal point for ethereum to start making
• 5:08
  Speaker 1: its moveth especially going into the first of the year.
• 5:11
  Speaker 1: All right, So I want to go over to this
• 5:12
  Speaker 1: website right here. It's called stable Finance, all right, and
• 5:15
  Speaker 1: if you look at this, you're going to notice something.
• 5:17
  Speaker 1: Let me just zoom in on this. That's the eight
• 5:18
  Speaker 1: percent yield on your savings. Now that's pretty crazy if
• 5:21
  Speaker 1: you think about that. Notice the number there, seventeen x
• 5:23
  Speaker 1: more than traditional savings account. Some of these are pretty pathetic,
• 5:26
  Speaker 1: Wells Fargo right there, But then you look at places
• 5:29
  Speaker 1: like Robinhood, well Front even betterment all holding it above
• 5:32
  Speaker 1: the four percent. Even coinbase has been able to do that.
• 5:34
  Speaker 1: So the question though, and I think that everybody needs
• 5:37
  Speaker 1: to be looking at, is what is in what are
• 5:40
  Speaker 1: we going to see in the stable coin market, especially
• 5:42
  Speaker 1: as we roll out in twenty twenty five, the market
• 5:44
  Speaker 1: could hit as much as two trillion in terms of
• 5:47
  Speaker 1: a market cap, And if you take a look at
• 5:49
  Speaker 1: the RBA website and jump over to stable coins, you
• 5:52
  Speaker 1: can see the market cap right there two hundred billions.
• 5:55
  Speaker 1: So that would be a ten x from where we
• 5:57
  Speaker 1: are right now on the future of stable coins. So
• 6:00
  Speaker 1: the possibility of really this taking off is huge. And
• 6:04
  Speaker 1: remember ethereum is a big part of this obviously, with
• 6:07
  Speaker 1: circle in USDC being a big key component. I want
• 6:11
  Speaker 1: to go to a clip real quick because this will
• 6:12
  Speaker 1: get into Jeremy Alair, the CEO of Circle, talking about
• 6:16
  Speaker 1: USDC or stable coins and cbdc's take a look.
• 6:20
  Speaker 2: It seems like there's no direction going towards a CBDC
• 6:24
  Speaker 2: in the US. Doesn't exist, doesn't exist.
• 6:27
  Speaker 3: Yeah, there's nothing happening.
• 6:28
  Speaker 2: Okay, you don't want it to exist.
• 6:30
  Speaker 3: No, No, there's no work happening, and there's no interest
• 6:35
  Speaker 3: in Congress in picking it up, right, So there's nothing happening.
• 6:40
  Speaker 2: I mean, there are so many CBDC projects that are
• 6:43
  Speaker 2: happening on in the world we started. Nothing like that
• 6:46
  Speaker 2: is happening in the US.
• 6:47
  Speaker 3: Correct.
• 6:48
  Speaker 2: A lot of folks that have heard about the ECMI
• 6:51
  Speaker 2: in China. The interesting thing is they're almost copying a
• 6:54
  Speaker 2: page out of the crypto because they're trying to force usage,
• 6:58
  Speaker 2: so they're essentially air dropping. They will use the word
• 7:00
  Speaker 2: air drop, right, but they're air dropping into come on, yeah,
• 7:04
  Speaker 2: into easing my wallets and then encouraging them to actually
• 7:07
  Speaker 2: use it for you know, tourism or whatever it is.
• 7:09
  Speaker 3: And what's interesting is that despite the research projects on CBDCs,
• 7:13
  Speaker 3: the highest priority for all of these governments is stable
• 7:17
  Speaker 3: coin rules because the market's already here exactly, the market's
• 7:20
  Speaker 3: already delivering this.
• 7:22
  Speaker 1: The fact that he's so adamant about this is that
• 7:25
  Speaker 1: the development's just not happening. I think he sees the
• 7:27
  Speaker 1: riding on the wall coming in from regulation that most
• 7:31
  Speaker 1: likely will take place. It's not even most likely it's
• 7:33
  Speaker 1: going to happen in early twenty twenty five. We're going
• 7:36
  Speaker 1: to have a regulation scenario that plays out for stable coins.
• 7:40
  Speaker 1: And once that occurs, I think that is where the
• 7:43
  Speaker 1: idea of CBDCs. And Trump has already shown and talked
• 7:45
  Speaker 1: about this. He's not for a CBDC anyway. So I
• 7:49
  Speaker 1: think the US leads the way on this for sure.
• 7:52
  Speaker 1: I want to go to this article real quick Ethereum
• 7:54
  Speaker 1: to outperform bitcoin in Q one. There's three reasons that
• 7:57
  Speaker 1: they're talking about some of these and you're going to
• 8:00
  Speaker 1: recognize most of them. Price dynamics for bitcoin in general,
• 8:04
  Speaker 1: Ethereum still trades about thirty percent below its own ETFs.
• 8:07
  Speaker 1: Also our available retail investors could perceive this as a
• 8:10
  Speaker 1: better play, and also that it's a little bit cheaper
• 8:13
  Speaker 1: on zoom in on that. Also, then you look at
• 8:15
  Speaker 1: number two pro crypto policies under Trump. He's got backed
• 8:19
  Speaker 1: ETF focused assets, and remember that Trump also has the
• 8:23
  Speaker 1: Web three Leadership Fund, so there's a lot there. And
• 8:26
  Speaker 1: then the base ecosystem itself is just very, very extensive,
• 8:30
  Speaker 1: and it has emerged as probably the one secure component
• 8:35
  Speaker 1: when it comes to crypto, and I think that's why
• 8:36
  Speaker 1: you're seeing a lot of companies and projects continuing to
• 8:39
  Speaker 1: flourish on ethereum, which is why I think we're going
• 8:42
  Speaker 1: to see a move on eth in early twenty twenty five.
• 8:45
  Speaker 1: Some people believe that this is going to happen because
• 8:48
  Speaker 1: you can just look at how they're holding ethereum. Eth
• 8:51
  Speaker 1: is continuing to grow above sixty almost a little well,
• 8:55
  Speaker 1: it's actually cracked above eighty percent right here. In long
• 8:58
  Speaker 1: term eth versus Bitcoin holders, ETH is definitely performing out
• 9:03
  Speaker 1: over a Bitcoin in general, and I think that's the question.
• 9:07
  Speaker 1: I mean, I know that I hold more ethan Bitcoin,
• 9:09
  Speaker 1: and I know that I believe in ethereum more than
• 9:12
  Speaker 1: bitcoin when it comes to the current short term, and
• 9:15
  Speaker 1: I think the long term still has a lot to
• 9:17
  Speaker 1: be decided on how bitcoin does. And I get that
• 9:20
  Speaker 1: there's a lot of major companies out there betting on bitcoin,
• 9:24
  Speaker 1: but I'm just looking at Ethereum as being one of
• 9:26
  Speaker 1: the core of how the next Internet begins. It's going
• 9:29
  Speaker 1: to be how a lot of the rdba's work, and
• 9:32
  Speaker 1: that is really where we're going to see a lot
• 9:34
  Speaker 1: of growth. Further into this, you just look at this
• 9:36
  Speaker 1: Bitcoin supply on EVM chains grew significantly, largely due to
• 9:40
  Speaker 1: the introduction of bitcoin staking. That's the other thing kind
• 9:43
  Speaker 1: of interesting. Maybe there's an out here for bitcoin holders
• 9:46
  Speaker 1: on an EVM chain to actually go out there and
• 9:48
  Speaker 1: get some staking. That could be another play that could
• 9:51
  Speaker 1: go good for bitcoin in general. Also, if you look
• 9:53
  Speaker 1: at Token i's commodities gold continuing to climb, so Token
• 9:57
  Speaker 1: i's gold could be a reality. Petership will probably very
• 10:00
  Speaker 1: happy about that one when it comes to it. But
• 10:02
  Speaker 1: that's the point we're getting at, is that tokenization of
• 10:06
  Speaker 1: securities commodities, what we'll see in other assets, real world
• 10:10
  Speaker 1: assets in twenty twenty five, I think, is just beginning.
• 10:13
  Speaker 1: So keep a very very close eye on all of
• 10:16
  Speaker 1: that sixteen billion in FTX repayments are happening, and it's
• 10:20
  Speaker 1: going to happen in January. Now, the question is where
• 10:23
  Speaker 1: does that sixteen billion go. So if you were a
• 10:26
  Speaker 1: receiver of that, and some of you may be, you
• 10:29
  Speaker 1: get you know, ten thousand, one hundred thousand a million
• 10:32
  Speaker 1: back on your FTX account. Where are you going to
• 10:35
  Speaker 1: put it? Would you put it in stable coins and
• 10:37
  Speaker 1: try to earn yield? Or you go into the market
• 10:39
  Speaker 1: on something like a salana, or you go into all coins?
• 10:42
  Speaker 1: Would you go further into the mean market? Let me
• 10:44
  Speaker 1: know down below. I think a lot of people are
• 10:46
  Speaker 1: starting to look at where they would go. The question
• 10:49
  Speaker 1: is would you buy a ninety thousand dollars bitcoin with
• 10:52
  Speaker 1: that money today? That's the real question mark that I
• 10:55
  Speaker 1: think everybody's asking, just to take a look. Here's what
• 10:58
  Speaker 1: great Scale is doing. I was surprised that some of
• 11:00
  Speaker 1: these kind of looks like my portfolio. You see bitcoin
• 11:03
  Speaker 1: of course on there, but then you also see something
• 11:05
  Speaker 1: new and that is hyper liquid on there. Then you
• 11:09
  Speaker 1: go down a little bit further. Eina. We've already known
• 11:11
  Speaker 1: about stable coins, there's virtuals protocol, you've heard us talk
• 11:14
  Speaker 1: about that. Then of course Lido, which I have been
• 11:17
  Speaker 1: in for a while. But Jupiter, wham, there's Jupiter, and
• 11:20
  Speaker 1: guess what there is Gito. When you think about staking
• 11:24
  Speaker 1: your salona, well most people are doing that on Gito.
• 11:26
  Speaker 1: So interesting that we're seeing major companies start to go
• 11:31
  Speaker 1: this far into the market around crypto and where a
• 11:34
  Speaker 1: lot of this market is emerging, and of course Grayscale
• 11:37
  Speaker 1: being the leader on it. So kind of cool to
• 11:39
  Speaker 1: see that happening. All right, guess what, guys, we hit
• 11:41
  Speaker 1: one million subscribers. I cannot believe it. You have helped
• 11:45
  Speaker 1: us do it. We want to thank you guys so
• 11:47
  Speaker 1: much for being part of that. In twenty twenty four,
• 11:50
  Speaker 1: twenty twenty five is going to be even bigger. All
• 11:52
  Speaker 1: you got to do is subscribe to the channel right now.
• 11:55
  Speaker 1: If you guys want to catch me, you can do
• 11:56
  Speaker 1: so out there on Twitter. It's just at Paul Baron.
• 11:59
  Speaker 1: And if you're not in the Diamond circle, get in
• 12:01
  Speaker 1: right now. We'll catch you next time right here on
• 12:04
  Speaker 1: tech Path than