Latest / CRYPTO 101 / Crypto Rundown: Crypto Rallies as ETFs Surge, Meme Coins Return & the $50 Million Dollar Mistake

Transcript

Crypto Rundown: Crypto Rallies as ETFs Surge, Meme Coins Return & the $50 Million Dollar Mistake · CRYPTO 101

• 0:08
  [SPEAKER_01]: All right, everybody, welcome back to the crypto rundown.
• 0:11
  [SPEAKER_01]: We got an awesome episode for you today.
• 0:14
  [SPEAKER_01]: Happy Friday.
• 0:15
  [SPEAKER_01]: We are going to be diving into all the macro headlines.
• 0:17
  [SPEAKER_01]: Is it a buy?
• 0:18
  [SPEAKER_01]: Is it a sell into the weekend with oil, gold, silver?
• 0:21
  [SPEAKER_01]: And of course, crypto, which is showing strength.
• 0:24
  [SPEAKER_01]: We're going to break that down for you.
• 0:25
  [SPEAKER_01]: Plus, a ton of news around different offerings.
• 0:28
  [SPEAKER_01]: Blackrock is making moves once again with their Ethereum ETF.
• 0:32
  [SPEAKER_01]: We have some interviews that we want to check out and show you what
• 0:36
  [SPEAKER_01]: eith a verse eith b difference is for the new offerings that they just announced and one of them involves staking so you're going to want to stick around for that, but the main course today is Brian with our great friend Joe from the momentum money makers here, so on this second half of the show we're going to be talking all things momentum going over.
• 0:55
  [SPEAKER_01]: what's in the news around the meme coins and NFTs and also going over some of their trades which again, they're always finding awesome trades and we've talked about them before on the show with a lot of action, a lot of winners so that's the fun part to end our week on this Friday the 13th was waiting for the news to drop this morning around.
• 1:15
  [SPEAKER_01]: the macro headlines in the macro numbers boys i was a little worried it was Friday the 13th but um it was uh smooth as it can be with everything going on so welcome to the show fellas and Joe welcome you haven't been on a while how are you my friend again feeling i'm feeling good i just got back from uh Japan i didn't get to see punch to monkey but i did see about three or four stuffed animals uh a punch so um yeah i'll talk more about that in a second
• 1:43
  [SPEAKER_01]: I love it.
• 1:44
  [SPEAKER_01]: Brian, how are you?
• 1:45
  [SPEAKER_02]: I mean, we needed the boots on the ground in a desperate way in, uh, you can't.
• 1:52
  [SPEAKER_02]: Who put it to a pool?
• 1:54
  [SPEAKER_02]: Punched it?
• 1:55
  [SPEAKER_02]: Punched it?
• 1:56
  [SPEAKER_02]: Yeah.
• 1:56
  [SPEAKER_02]: I feel like, I feel like punch is a bit over, but you might be able to deliver us alphab.
• 2:01
  [SPEAKER_02]: I haven't looked at the coin for a while, but it's probably not, right?
• 2:04
  [SPEAKER_03]: Yes.
• 2:05
  [SPEAKER_02]: I need to look, but I was hoping that you were going to bring back some other two animal meta, you know, like some baby seal or something was born.
• 2:14
  [SPEAKER_02]: But unfortunately, we didn't get that alpha, at least not quite yet.
• 2:17
  [SPEAKER_02]: You never know later on the show, but to wrap it up, man, I'm doing great.
• 2:21
  [SPEAKER_02]: We got some green markets here, so can't complain about that.
• 2:24
  [SPEAKER_01]: we do we're gonna pull up a coin market cap in a second but before I do that last episode Brian I ever have a lot of fun in the comments and we had people from India, New Zealand, Australia I just wanted to give a shout out to a Spotify comment we got from our friend, Nataman
• 2:39
  [SPEAKER_01]: over in Bangkok she said love the episode don't forget that you have an audience in Bangkok to guys we're a global platform here in crypto 101 we couldn't be more excited about it uh let's see how active the chat can get today let us know where you are i see cj in there the great habitions back
• 2:57
  [SPEAKER_01]: Uh, let's see, that's not really a name, it's just a tag, but fan, rent, fan something, what's going on?
• 3:04
  [SPEAKER_01]: Let us know where you're at, where you're tuning in from today on this amazing Friday as we break down the crypto markets as we do this week.
• 3:11
  [SPEAKER_01]: And fellas, I got to be honest, um, I was with some friends last night, we were at, um, there's a music festival this weekend.
• 3:18
  [SPEAKER_01]: that all be attending close to my home and so I was with some friends we got some dinner we went down to check out some live music and I keep getting these notifications on my phone green pudgy penguin green bitcoin green salana green bitcoin green i'm like what's going on in a couple of grand i was with grand front of the show of course he's in the chat all the time and he's like showing me's like oh i'm getting these notifications and i'm thinking like oh that's i don't know that might not last overnight with everything that's going on but sure enough
• 3:48
  [SPEAKER_01]: Fellows is crypto back.
• 3:50
  [SPEAKER_01]: It's time to say it seven days here on the coin market cap all the way to the right.
• 3:55
  [SPEAKER_01]: You can see the 24 hours like we talked about Two almost 2% for the coin market cap 20 Bitcoin to Ethereum 3.
• 4:03
  [SPEAKER_01]: Let's scroll down here any big winners over the last 24 hours nothing too crazy But over the week you love to see it the 25 Bitcoin almost five Ethereum 8 a little bit of strength there.
• 4:15
  [SPEAKER_01]: It's a lot of six and a half
• 4:16
  [SPEAKER_01]: Guys, what are you taking from this?
• 4:18
  [SPEAKER_01]: A lot of strength in the market, a lot of turmoil around the world.
• 4:23
  [SPEAKER_02]: Yeah, yeah, I'll start it off a little bit.
• 4:24
  [SPEAKER_02]: The interesting thing is, Tivo is that we're seeing this chance of the crypto market.
• 4:28
  [SPEAKER_02]: While gold, I think over the past like week or the past few days has been down, seen some red days in the stock market.
• 4:36
  [SPEAKER_02]: So like part of me, we're still trading in that range.
• 4:39
  [SPEAKER_02]: You know, it's a high end of that range.
• 4:41
  [SPEAKER_02]: We've been talking about, so I really want to see us bust
• 4:44
  [SPEAKER_02]: And then we have like, you know, Michael Sailor in these stretch buys and he's probably pounded in, but it's the whole market.
• 4:51
  [SPEAKER_02]: It's a whole crypto market overall.
• 4:53
  [SPEAKER_02]: It doesn't even feel like the Bitcoin buys.
• 4:55
  [SPEAKER_02]: I mean, Sailor's moving the needle there, but it's everything.
• 4:59
  [SPEAKER_02]: There's like Puggy penguins, Ethereum, some meme coins are going off and that's not even that typical.
• 5:05
  [SPEAKER_02]: When like the majors are moving, that meme coins are following with them.
• 5:09
  [SPEAKER_02]: So it just feels like there is a little bit different vibe around the entire crypto market.
• 5:15
  [SPEAKER_02]: I don't want to get a head-faked, you know, I'm very cautious about what's happening, so I can't declare crypto is back, but I do feel like the vibes are a little bit back, you know, the group chats are getting a little bit fiery, people are sharing screenshots here and there, there's a couple of meme coin or AI runners like peeking their head out, so it's great to see, and this is
• 5:42
  [SPEAKER_02]: Uh, is, is Bitcoin turning into getting that like digital gold safe haven look that the interesting thing is I'm going to kick it over to Joe, is this is all happening while we're in this conflict with Iran, that, that's, that's another part of it that's kind of like tricking me that while other assets aren't performing quite as well and we have these geopolitical issues which have been typically not the greatest thing for Bitcoin and crypto, but we're seeing a lot of money flow into it.
• 6:09
  [SPEAKER_02]: So I'm fired up for it.
• 6:13
  [SPEAKER_01]: Yeah, Joe, what are you feeling?
• 6:14
  [SPEAKER_01]: What are the vibes?
• 6:16
  [SPEAKER_05]: I mean, I'm feeling good because it seems like I brought the market back after coming back from a little getaway.
• 6:20
  [SPEAKER_05]: Yeah, to Brian's point, when there's uncertainty in a market, there's typically uncertainty in crypto also as good to see that the reverse is happening.
• 6:29
  [SPEAKER_05]: I was talking Brian before yesterday.
• 6:31
  [SPEAKER_05]: I'm like, there's probably a number of sellers.
• 6:32
  [SPEAKER_05]: And we don't want to get freaked out.
• 6:33
  [SPEAKER_05]: But it seems like a rotation is happening.
• 6:37
  [SPEAKER_05]: And where the rotation is coming from, we will find out
• 6:42
  [SPEAKER_01]: Yeah, as the vibes guy online, I mean, traditionally, especially in the traditional markets, traditionally you'll see people sell off into the weekend because the traditional markets can be closed Saturday, Sunday, what's going to go on?
• 6:55
  [SPEAKER_01]: And just kind of, again, sharing this tab here, like overnight, you're seeing, you know, rallying into, you know, dinner time are east on the east coast.
• 7:05
  [SPEAKER_01]: But,
• 7:05
  [SPEAKER_01]: You know, rallying into the late evening.
• 7:07
  [SPEAKER_01]: You see 50 billion added in just three hours into the crypto market, which I thought was really interesting.
• 7:14
  [SPEAKER_01]: Watching that seeing that all my phone while I was out and meaning, oh, that'll, that'll just, you know, that's going to sell off by the time the morning comes.
• 7:22
  [SPEAKER_01]: And I say that because if you bring up the S&P 500.
• 7:25
  [SPEAKER_01]: there was a rally this morning.
• 7:26
  [SPEAKER_01]: I don't know what happened.
• 7:27
  [SPEAKER_01]: The future sold off in the morning here.
• 7:29
  [SPEAKER_01]: And then there was this rally, sorry, there was this rally again, same thing.
• 7:34
  [SPEAKER_01]: Every morning these futures are not a lot of liquidity.
• 7:36
  [SPEAKER_01]: It's always selling off.
• 7:37
  [SPEAKER_01]: And then there's this rally.
• 7:38
  [SPEAKER_01]: I'm listening to the programs.
• 7:39
  [SPEAKER_01]: I'm always flipping around between like eight and ten trying to get a variety of takes of what's going to what's the vibe today.
• 7:46
  [SPEAKER_01]: And everybody was green shoots everywhere.
• 7:49
  [SPEAKER_01]: It was green shoots everywhere.
• 7:51
  [SPEAKER_01]: I mean, and the crypto stocks were rallying.
• 7:54
  [SPEAKER_01]: I saw bit mine was up like 10% at one point.
• 7:56
  [SPEAKER_01]: Coinbase was rallying.
• 7:58
  [SPEAKER_01]: And then as you could see here is the day went off again.
• 8:01
  [SPEAKER_01]: Traditionally, I saw about a 10.
• 8:04
  [SPEAKER_01]: I was like,
• 8:05
  [SPEAKER_01]: I don't know, man.
• 8:05
  [SPEAKER_01]: I love to see the crypto strength, but I can't imagine that this S&P strength is going to hold into the weekend when we don't know what's going on unless somebody knows something that we don't, which is, then there'll always be the case.
• 8:16
  [SPEAKER_01]: But you got to look at oil too.
• 8:18
  [SPEAKER_01]: And just again, though, the week-long, the oil, you know, there's spikes and downs here, but pretty.
• 8:23
  [SPEAKER_01]: I mean, the top there was last Sunday, obviously.
• 8:26
  [SPEAKER_01]: We talked that on the show, Brian.
• 8:27
  [SPEAKER_01]: I showed you some text there, a little sharp.
• 8:30
  [SPEAKER_01]: I guess that's the one, the one thing we'll give.
• 8:32
  [SPEAKER_01]: I'm sure this is not personal financial advice for anybody, but for the long time listeners that come weekend and weekend, I'll put myself out there on an island.
• 8:40
  [SPEAKER_01]: I'm short oil right now, and it's a it's a small unit play, but it's it's a fun one to just, you know, a little bit of maybe some gambling.
• 8:48
  [SPEAKER_01]: I just for some, there's something tells me that this can't go on too long.
• 8:52
  [SPEAKER_01]: That's just my take on it.
• 8:53
  [SPEAKER_01]: And then once that pressure valve gets released, I think the markets fly higher all together, but I just love that crypto showing some extra strength right now.
• 9:02
  [SPEAKER_01]: And I think you see that the most in something that we've been tracking on this show, we'll pull up the fear greed index.
• 9:07
  [SPEAKER_01]: I'm going off script to your fellas a little bit, just kind of what my stream of thoughts going right now.
• 9:11
  [SPEAKER_02]: You're so short oil, man.
• 9:13
  [SPEAKER_02]: You're probably taking a bike everywhere.
• 9:14
  [SPEAKER_02]: You're not trying to contribute to it at all.
• 9:20
  [SPEAKER_01]: Carpool and we're going to the festival.
• 9:22
  [SPEAKER_01]: I like it.
• 9:22
  [SPEAKER_01]: We'll drive now.
• 9:23
  [SPEAKER_01]: I want to take a one car.
• 9:24
  [SPEAKER_01]: One car, everybody.
• 9:26
  [SPEAKER_02]: Yeah.
• 9:27
  [SPEAKER_01]: I'm not going to tell the public don't be in that oil.
• 9:30
  [SPEAKER_01]: That's so funny.
• 9:31
  [SPEAKER_01]: That's great.
• 9:32
  [SPEAKER_01]: I love that.
• 9:33
  [SPEAKER_01]: I drive electric.
• 9:34
  [SPEAKER_01]: There you go.
• 9:35
  [SPEAKER_01]: Thank you, Joe.
• 9:36
  [SPEAKER_01]: So again, fear green index.
• 9:37
  [SPEAKER_01]: We covered it for a while at one point for a week straight a month straight.
• 9:40
  [SPEAKER_01]: We're an extreme fear.
• 9:42
  [SPEAKER_01]: I mean, we're in, we're on the brink of world worth three and we're about to get into neutral here fellas.
• 9:48
  [SPEAKER_02]: Yeah, don't hate it.
• 9:49
  [SPEAKER_02]: I mean, I don't hate it.
• 9:50
  [SPEAKER_02]: I'm not going to get faked out, but I'm, I'm, I tell you what, the, the, the vibes overall.
• 9:56
  [SPEAKER_02]: That's the best way to put it are feeling a little bit back in the crypto market.
• 10:01
  [SPEAKER_02]: I don't want to get faked out, but it feels good.
• 10:04
  [SPEAKER_02]: It feels good trading in the 70s final, when it felt so gross and so nerve wracking and now we're in the 70s and I'm like, maybe I'll defrost the ribeye tonight.
• 10:16
  [SPEAKER_02]: You know, we can make it happen.
• 10:18
  [SPEAKER_01]: We can make it happen.
• 10:19
  [SPEAKER_01]: I love it.
• 10:21
  [SPEAKER_01]: I don't think the least for our show specifically.
• 10:24
  [SPEAKER_01]: Nobody, nobody came on and inside the community and said, you know, that's the bazooka time to release and buy the dip.
• 10:31
  [SPEAKER_01]: But I do think we were very constructive.
• 10:34
  [SPEAKER_01]: That was the word we kept using, right?
• 10:35
  [SPEAKER_01]: We're very constructive at these price levels.
• 10:37
  [SPEAKER_01]: We're very constructive looking for opportunities.
• 10:39
  [SPEAKER_01]: I know that's something that you guys constantly talk about inside your group of men and money makers.
• 10:44
  [SPEAKER_01]: And we've covered some of those winners and we'll do more later in the show.
• 10:47
  [SPEAKER_01]: And same thing with, you know, crimp nation, it's like, hey, we're constructive at these levels.
• 10:52
  [SPEAKER_01]: Hyperliquid was another one, right?
• 10:54
  [SPEAKER_01]: We've talked about that.
• 10:55
  [SPEAKER_01]: It's a, we're constructive here.
• 10:56
  [SPEAKER_01]: It's not a, you know, blindfold pin the tail on a crypto and it's going to go up 5x.
• 11:02
  [SPEAKER_01]: There's certainly times where that can happen, but we were constructive at the price levels.
• 11:05
  [SPEAKER_01]: We thought there was some, at least some spots to play capital and it is.
• 11:09
  [SPEAKER_01]: It does feel good when you get that kind of, hey, the, the tides lifting at least all the boats a little bit, especially with the macro and how weak it's been traditionally.
• 11:18
  [SPEAKER_01]: So I think there's some reasons for that and that's where we're going to transition to here.
• 11:22
  [SPEAKER_01]: is the bitcoin ETF demand is looking pretty tasty the the demand flip back in a positive territory it's something that we're tracking and it's kind of then it's been strong overall we've covered even during the downdraft there wasn't a
• 11:37
  [SPEAKER_01]: huge rush to the exits, right?
• 11:40
  [SPEAKER_01]: There wasn't a fire sale inside the ETFs.
• 11:42
  [SPEAKER_01]: We were applauding all the boomers for their, you know, hot old strategy, if you will.
• 11:47
  [SPEAKER_01]: But the man has flip positive, which, you know, is again exciting to see, which makes sense with the price action.
• 11:54
  [SPEAKER_01]: So anything around the Bitcoin ETF, you guys are seeing or, or like to see.
• 11:59
  [SPEAKER_05]: Can you contribute to buying all the time?
• 12:03
  [SPEAKER_02]: Joe's double in down on the ETFs uh, yeah, it's it's great.
• 12:07
  [SPEAKER_02]: Just like you said, Steve, there's there's not a lot of flushing out and there's been some real positive days.
• 12:14
  [SPEAKER_02]: And we we talk about it on the run down constantly.
• 12:16
  [SPEAKER_02]: All this institutional money and institutional interest.
• 12:19
  [SPEAKER_02]: You have like the
• 12:20
  [SPEAKER_02]: biggest people around in the crypto industry jumping on the podcast, the crypto one-on-one podcast, and they're all kind of preaching the same thing about how these ETFs aren't short-term retail buyers.
• 12:32
  [SPEAKER_02]: There are people that are looking to hold and we're seeing some more positive inflows.
• 12:36
  [SPEAKER_02]: And I think they're going to continue.
• 12:39
  [SPEAKER_02]: We said a few weeks ago, and I've been preaching this range and chopping this.
• 12:43
  [SPEAKER_02]: That's the word of the past couple of months.
• 12:46
  [SPEAKER_02]: But it felt like we did.
• 12:47
  [SPEAKER_02]: bought a hit a local bottom there.
• 12:50
  [SPEAKER_02]: I'm not sure like if we're going to return, but because I don't want to get hit fakes, but it really did feel like we hit a local bottom there.
• 12:55
  [SPEAKER_02]: And we were kind of calling it without calling it.
• 12:58
  [SPEAKER_02]: I don't want to be on the hook with us like having some of this ironware happening, but it
• 13:04
  [SPEAKER_02]: But the crypto market did something.
• 13:06
  [SPEAKER_02]: If you told me we're going to go to war with Iran and there's going to be all these geopolitical issues.
• 13:11
  [SPEAKER_02]: I would never have expected in gold going down.
• 13:13
  [SPEAKER_02]: I would never expected that the crypto market would have shown so much strength.
• 13:17
  [SPEAKER_02]: So I love it in these ETFs are probably a really big big reason why there's there's not a lot of people selling.
• 13:24
  [SPEAKER_01]: Yeah, again, I think it's worth noting that we kind of coined this term like the rotating casino, right?
• 13:31
  [SPEAKER_01]: It was, you know, crypto was the casino at one point.
• 13:33
  [SPEAKER_01]: Then it was gold and silver.
• 13:35
  [SPEAKER_01]: I'll pull up silver real quick down 5% on the day.
• 13:38
  [SPEAKER_01]: Thought it was a store of wealth.
• 13:39
  [SPEAKER_01]: At one point it was 120 now.
• 13:41
  [SPEAKER_01]: It's 80 is silver in a bear market.
• 13:42
  [SPEAKER_01]: You could ask the question, um, obviously over the course of a, you know, the year it's had a crazy gain, but just the volatility in that.
• 13:50
  [SPEAKER_01]: And now I think it's, um,
• 13:53
  [SPEAKER_01]: what's the word fertilizer like fertilizer is going crazy these fertilizer stocks are up thirty forty-five y'all i'm telling you man fertilizer stocks are going this is a new man i need to get into is uh... fertilize stock fertilizer stocks are saying they're going to get weekend
• 14:12
  [SPEAKER_01]: Yeah, I had something, you know, the energy trade was affecting the fertilizer and people are rocking up.
• 14:19
  [SPEAKER_01]: I could pull that up, I think, and then just staples, too, like smuckers, jellies and jams.
• 14:26
  [SPEAKER_01]: Let's see, like, jams, smuckers, stock.
• 14:28
  [SPEAKER_01]: Let's pull that up.
• 14:29
  [SPEAKER_02]: So my good friends is like head of like operations or like one of those roles at uh, for uncrustables.
• 14:37
  [SPEAKER_01]: There you go.
• 14:38
  [SPEAKER_02]: I might have an insider here boy.
• 14:39
  [SPEAKER_01]: It's just like the vet.
• 14:41
  [SPEAKER_01]: The year to date for smokers is 10%.
• 14:43
  [SPEAKER_01]: The valuation was already full going into the year.
• 14:45
  [SPEAKER_01]: It's like all right.
• 14:46
  [SPEAKER_01]: These jellies and jams curing cancer.
• 14:48
  [SPEAKER_01]: Or is it a flight to like safety?
• 14:50
  [SPEAKER_01]: The people are starting to ask questions.
• 14:52
  [SPEAKER_01]: So it's the money's rotating around and that's another theme that we've said on this show a lot of times, right?
• 14:57
  [SPEAKER_01]: The money's not leaving the market.
• 14:59
  [SPEAKER_01]: The S&P is is what?
• 15:00
  [SPEAKER_01]: 3% off of all time highs or something like that.
• 15:03
  [SPEAKER_01]: So, if the money was running out of the markets, then there would be a much larger correction.
• 15:09
  [SPEAKER_01]: Instead, we saw the correction in crypto, we saw the correction, especially in software, which I think this show has been really great at keeping tabs on, but it's really, really fun to keep seeing the strength of crypto.
• 15:22
  [SPEAKER_01]: And again, the ETFs are a huge part of it, so I have a clip here of a BlackRock talking exactly what Brian said of like, hey,
• 15:28
  [SPEAKER_01]: The people that are buying this are educated, they're educated investors for the long-term.
• 15:32
  [SPEAKER_01]: So let's hear what the black rock is preaching about the Bitcoin ETFs and then we'll transition right into their newest offering, which is an Ethereum-staking ETF.
• 15:41
  [SPEAKER_04]: I think what's really notable, and there's been some confusion, you know, in various corners of the internet about this, is how resilient those flows have been and how disproportionately long-term by and whole fundamental type investors we've seen in these products.
• 15:59
  [SPEAKER_04]: You know, big point in Ibit, for instance, Bitcoin down almost 50% obviously from it's all
• 16:09
  [SPEAKER_04]: The flows in I bid on a year-to-date basis are actually slightly positive.
• 16:15
  [SPEAKER_04]: So it's good.
• 16:16
  [SPEAKER_04]: It's been a lot of selling pressure elsewhere in the Bitcoin ecosystem on crypto exchanges on these offshore levered perps platforms.
• 16:24
  [SPEAKER_04]: But the ETF investor base has taken a much
• 16:30
  [SPEAKER_04]: The retail contingent actually are some of the most long-term focus that we've seen.
• 16:37
  [SPEAKER_04]: And they've tended to opportunistically buy the dips, kind of 90 plus percent of the investor base.
• 16:43
  [SPEAKER_04]: So they're talking about retail, direct investors, or talk about financial advisors, talking about other institutional investors, have tended to be very steady and have been on an accumulation path pretty consistently.
• 16:58
  [SPEAKER_04]: The number of the top inflowing ETFs in the world that had negative price return, the top 20, there was only one, which was Ibit.
• 17:09
  [SPEAKER_04]: So despite the negative price moves in Bitcoin, Ibit was fourth in the world in close to 26 billion in, and so we've just seen that steady accumulation pattern on a long-term basis.
• 17:22
  [SPEAKER_01]: Bell is what do you think?
• 17:23
  [SPEAKER_01]: Do you buy in that long-term base Australia for the big point ETFs?
• 17:27
  [SPEAKER_05]: Absolutely.
• 17:28
  [SPEAKER_05]: I continually buy inside my RA for tax purposes.
• 17:31
  [SPEAKER_05]: So there are educated people there that are doing that for those specific reasons.
• 17:35
  [SPEAKER_05]: So yes.
• 17:35
  [SPEAKER_01]: Brian, I think.
• 17:37
  [SPEAKER_02]: Yeah, big big big point buyer, you know?
• 17:39
  [SPEAKER_02]: I dabble a little bit with ETFs.
• 17:41
  [SPEAKER_02]: I buy a little bit of Bitcoin through the exchanges.
• 17:45
  [SPEAKER_02]: I'm positive there of where we're headed.
• 17:51
  [SPEAKER_05]: I love it.
• 17:52
  [SPEAKER_05]: There's more functionality coming to Bitcoin.
• 17:54
  [SPEAKER_05]: Lot people don't know that staking me for your theorems huge, staking for Bitcoin is still coming.
• 18:01
  [SPEAKER_05]: Most people don't know.
• 18:02
  [SPEAKER_05]: And there's a lot of products I saw today get launched like a BMI.
• 18:06
  [SPEAKER_05]: You guys know PMI, a property mortgage insurance.
• 18:09
  [SPEAKER_05]: If you buy a property,
• 18:11
  [SPEAKER_05]: Not floating in the terms of actual product live, not copy in my Bitcoin mortgage insurance, where you can utilize Bitcoin as collateral for housing.
• 18:18
  [SPEAKER_05]: I think we've covered that in the past, but it's actually going live now.
• 18:22
  [SPEAKER_05]: And that's interesting because the BMI pays into an escrow where you bought a property, right?
• 18:28
  [SPEAKER_05]: Table and not gonna tell people where you live.
• 18:30
  [SPEAKER_05]: But,
• 18:30
  [SPEAKER_05]: if people don't have enough or down payment to pay a PMI, that goes into the ether, goes into the nowhere, goes into the provider.
• 18:37
  [SPEAKER_05]: But for PMI, it goes into a escrow account where they split it between the provider, the originator of the loan and yourself.
• 18:43
  [SPEAKER_05]: So, the Bitcoin goes up, then you can the term of your loan can come down significantly, which is very interesting.
• 18:51
  [SPEAKER_05]: So Bitcoin still is fairly young compared to all the
• 18:54
  [SPEAKER_05]: other iterations of crypto that's out there like the theorems because Bitcoin is the oldest, the oldest blockchain right that's ever existed so overall bullish and Bitcoin.
• 19:05
  [SPEAKER_01]: Yeah and there I love that that they keep coming out with products because it's something that you know we like to talk about in the show and then it's interesting once they're announced it again it takes time for the implement so great great point out there of something that's actually being implemented and they're going to be doing the same thing with the theorem too right with
• 19:24
  [SPEAKER_01]: You know, ways that's going to that Ethereum is going to be used.
• 19:26
  [SPEAKER_01]: And so I'm going to hand it off to you Brian to break down the Ethereum ETF in one second.
• 19:31
  [SPEAKER_01]: Just so people don't think I'm crazy out there.
• 19:33
  [SPEAKER_01]: I just want to go over the fertilizer stock theory that I was telling you about.
• 19:39
  [SPEAKER_01]: But it seemed to seem to get a real interest at you, Brian.
• 19:42
  [SPEAKER_01]: So real quick, here's Mosaic.
• 19:44
  [SPEAKER_01]: It's one of the leaders in agriculture.
• 19:45
  [SPEAKER_01]: And so this week alone, five days, Mosaic's up.
• 19:49
  [SPEAKER_01]: It was up at one point up here, like 22, 23% on the week, because there was just an announcement that this energy shortage of the strait of humus is going to affect the ingredients needed to make this stuff for the fertilizer.
• 20:01
  [SPEAKER_01]: So these fertilizer stocks go up 20% in a week.
• 20:05
  [SPEAKER_01]: So again, I'm just trying to point out like it's such a headline driven market right now wherever the headline is kind of like signals hey this casino seems to be open for business, which I think can be a little dangerous at times, but
• 20:20
  [SPEAKER_01]: People want Alpha, people want Opportunity, and then I think we all believe that eventually that will come back to crypto.
• 20:27
  [SPEAKER_01]: So all these crypto's dead, Bitcoin's dead.
• 20:29
  [SPEAKER_01]: I think we all kind of went through that cycle recently, and we've been there before, and we go with parse out our new information, and we don't believe that.
• 20:39
  [SPEAKER_01]: But there's opportunity, hungry investors out there, and I doubt,
• 20:44
  [SPEAKER_01]: with all the market cap and investing that went into mosaic for their fertilizer in the last you know, twenty three percent a week.
• 20:51
  [SPEAKER_01]: I don't think it's because there's some new technology coming out for people, you know, doing their lawns this year.
• 20:57
  [SPEAKER_01]: I think they just saw it as an opportunity to quote unquote, you know, catch an opportunity and gamble.
• 21:02
  [SPEAKER_01]: So,
• 21:03
  [SPEAKER_01]: that was what i was just trying to say is there's money moving in many different spaces trying to front run the next headline of uh you know getting that opportunity but there's a huge opportunity with black rock launching their new Ethereum ETF uh etha was the original one the new one is ticker ethb which will provide staking so Brian um i'll hand it off to you just kind of tee it up and then we can have a discussion about it.
• 21:26
  [SPEAKER_02]: Yeah, I have some good feelings about this ETF.
• 21:29
  [SPEAKER_02]: I need to go back to this fertilizer stock stuff.
• 21:32
  [SPEAKER_02]: If anybody from the hyperlickwood of the hyperlickwood team is listening right now, we need to add these fertilizer stocks on their platform so we can start longing and shorting them a little bit.
• 21:43
  [SPEAKER_02]: That's a, that we've seen a gold silver.
• 21:45
  [SPEAKER_02]: I mean, fertilizer stocks is one of the new meta momentum is we need to get this on chain immediately
• 21:56
  [SPEAKER_02]: that that's all I'm saying about these we have CJ in the chat even bringing up I can't I can't be fading the fertilizer stocks so this is a real this is a real talking point and I absolutely love it because I see the path for riches.
• 22:13
  [SPEAKER_02]: Let's talk about real path for riches, though, all jokes aside.
• 22:18
  [SPEAKER_02]: So BlackRock releases EFB, I think it was yesterday on the 12th, and the amazing thing about this is, and I'm trying to fact check it because I heard it in a few times, it just wouldn't get a reliable source, but I'm 99.9% sure this is correct, or it's like a bro promise, but 82% of the stake in Greenwards go back to the stakeers.
• 22:39
  [SPEAKER_02]: So, and then it sounds like a black rock and coin base, and who of the custodians are, will divvy up that 18%.
• 22:47
  [SPEAKER_02]: So, this is, this is awesome.
• 22:50
  [SPEAKER_02]: This is, we've been talking about these staking rewards forever, and that's a huge big part of a reason why I think Ethereum could really see some run in the future.
• 23:00
  [SPEAKER_02]: Now, my question is, for Joe, for you, for anybody in the chat,
• 23:04
  [SPEAKER_02]: If I'm buying ETHB, that's the new reward.
• 23:08
  [SPEAKER_02]: That's the new stake and get theorem through BlackRock.
• 23:11
  [SPEAKER_02]: I need to dig a little bit deeper into this.
• 23:13
  [SPEAKER_02]: Why would I not buy ETHB?
• 23:14
  [SPEAKER_02]: Why would I ever even buy ETHB?
• 23:16
  [SPEAKER_02]: Like, what are we doing?
• 23:18
  [SPEAKER_02]: Why wouldn't we just always buy ETHB because we're getting stake rewards?
• 23:22
  [SPEAKER_01]: Just off of a quick Google here from the producer's bay, tributing 82% of these stake in rewards to its investors as a monthly cash dividend.
• 23:32
  [SPEAKER_01]: Who cares?
• 23:34
  [SPEAKER_01]: The 18% is retained by the trust and service providers.
• 23:39
  [SPEAKER_01]: So the fund is going to aim and that's why I this okay.
• 23:41
  [SPEAKER_01]: So remember, I on the sheet, I had 3% the fund is aiming for a three to four percent annual return based off the dividend.
• 23:49
  [SPEAKER_01]: So yeah, what, what's the point of buying ETHA?
• 23:52
  [SPEAKER_01]: I can't think of one person leaking anybody else on the panel.
• 23:56
  [SPEAKER_05]: No, I was just telling my friend.
• 23:58
  [SPEAKER_05]: I went to a trip with them recently.
• 23:59
  [SPEAKER_05]: He had a lot of money in Black Rock's ETF.
• 24:03
  [SPEAKER_05]: And I told him, I was like, you got to get the saking ETF.
• 24:06
  [SPEAKER_05]: And it wasn't at that point.
• 24:08
  [SPEAKER_05]: And I was talking to trying to educate them with stake.
• 24:10
  [SPEAKER_05]: And it was just like, you don't want to convince people to start taking things off of ETFs and start utilizing like no offense to Lido, right?
• 24:18
  [SPEAKER_05]: But that's for institutions.
• 24:19
  [SPEAKER_05]: But the average person putting in, I don't know, like a quarter million dollars is staking, which is he had more than a quarter million dollars.
• 24:26
  [SPEAKER_05]: This ETF is where people is going to flood into.
• 24:28
  [SPEAKER_05]: So absolutely everyone should be buying this.
• 24:30
  [SPEAKER_01]: The only thing I can think of, and we got to read the fine print of the, I guess, the offerings would be with ETA have more liquidity.
• 24:41
  [SPEAKER_01]: So if you're, if you're getting the dividend and there's the staking aspect of it, even though there might be tons of capital flowing into it is is the liquidity available day to day going to be actually less than what's invested because.
• 24:53
  [SPEAKER_01]: If you're staking, it's going to be locked up in the coin base, you know, custodial fund.
• 24:59
  [SPEAKER_01]: And then ETHA obviously, you're not getting the dividend, but you can, you know, I don't know.
• 25:03
  [SPEAKER_01]: You could long short sell calls against and it's going to be way more liquid that's going to provide, you know, different types of investors with different options.
• 25:11
  [SPEAKER_02]: The only thing that that's a good point, the only thing that I can think of is maybe like taxes, if you were getting like, because you guys have to pay taxes on those dividends, it doesn't seem like that big of a hassle, though, especially if you're getting a decent amount of money back, but just piggyback on what you guys are saying is like, any just like the masses,
• 25:31
  [SPEAKER_02]: Anybody interested in sure you can go to another staking platform and probably get a little bit better yield, of course you can, but you know that's a process, there's a higher risk.
• 25:39
  [SPEAKER_02]: Anybody that's really interested in staking teeth, that would be like, oh, you should probably look into this ETHB through BlackRock, not financial advice, but that seems like the easiest path to, you know, continue to get a pure ETH price and in the upside on the ETH in addition to just getting this monthly yield.
• 25:57
  [SPEAKER_02]: I think it's awesome.
• 25:59
  [SPEAKER_02]: And I think that's why we saw a ton of attention around it yesterday.
• 26:02
  [SPEAKER_02]: And I haven't looked at the ETH's price, but I'm sure it's strong with the rest of the market.
• 26:07
  [SPEAKER_02]: Yeah, over 2,100.
• 26:08
  [SPEAKER_02]: So it looks good.
• 26:10
  [SPEAKER_01]: Yeah, and then just the only thing I'm doing some quick, you know, searches behind the the veil here.
• 26:16
  [SPEAKER_01]: So the only thing I could see here is if redemption requests to see the liquid buffer, the fund must begin unstaking ETH from the network, which is subject to the protocol's
• 26:27
  [SPEAKER_01]: So I think what I said, I guess makes sense.
• 26:29
  [SPEAKER_01]: It's like there's liquidity, ETHA is going to have it's not stakes.
• 26:32
  [SPEAKER_01]: So it's just liquid there.
• 26:33
  [SPEAKER_01]: They're probably offering it as like a trading vehicle, right?
• 26:36
  [SPEAKER_01]: Trying to get those bases points on options and volatility.
• 26:39
  [SPEAKER_01]: And then obviously, ETHB's staking is a different way to earn money there.
• 26:43
  [SPEAKER_01]: But in some type of high-high-high volatility, you could get caught up with the XQ, which is just like any other crypto-staking protocol.
• 26:53
  [SPEAKER_01]: A lot of great fun news there.
• 26:55
  [SPEAKER_01]: Well, definitely something to keep watching and see where the flows go compared to ETHA, ETHB.
• 27:00
  [SPEAKER_01]: And then like, I don't know if you caught that I mentioned, Coinbase is the custodian for that.
• 27:05
  [SPEAKER_01]: So, interesting picture for two massive CEOs.
• 27:12
  [SPEAKER_01]: Worth, tons of, you know, a couple of billion dollars between the two of those probably, right?
• 27:18
  [SPEAKER_01]: Just, I don't know, what's going on there.
• 27:22
  [SPEAKER_01]: Yeah, just as a as a media guy myself like we could get them some some better lighting to but hey Too for a two-huge friends of this show there nothing nothing better than our friends from a coinbase and black rock And that's if you're interested in working in crypto black rock coinbase, where else?
• 27:40
  [SPEAKER_01]: Well, let me tell you in Q1 there's tons of openings.
• 27:43
  [SPEAKER_01]: I saw a cool little tweet I just thought this was interesting just to see you know S&P Bloomberg stage street fidelity B and Y
• 27:50
  [SPEAKER_01]: NASDAQ brown brothers, hairmen, head of digital strategy for brown brothers, hairmen.
• 27:57
  [SPEAKER_01]: I've seen a ton of tweets like this.
• 27:58
  [SPEAKER_01]: I just pulled one.
• 27:59
  [SPEAKER_01]: There was a couple of them that just had tons of opportunities for jobs.
• 28:05
  [SPEAKER_01]: Mostly, honestly, around tokenization and a ton of digital
• 28:11
  [SPEAKER_01]: Again, it goes back to the building around this industry, has not stopped.
• 28:18
  [SPEAKER_01]: While price action has not been favorable for those involved, the building, I think, has not stopped whether you're listening to this podcast and all the amazing guests that we've had over the last couple of weeks, and the shows that we continue to put out to these huge businesses and finance that just continue to build for the future.
• 28:36
  [SPEAKER_01]: So it kind of
• 28:37
  [SPEAKER_01]: kind of gets me bullish and even even people that aren't huge fans of crypto like Stanley Dragon Miller is a cool little clip here I pulled for us to listen to again not the huge as fan of you know Bitcoin or crypto in general but just diving into stable coins full fledged and said it's the future so let's tune in and then we can discuss crypto.
• 28:56
  [SPEAKER_00]: I said this a long time ago and I'm gonna say again it's a solution looking for a problem.
• 29:05
  [SPEAKER_00]: It had ever happened as a store of value, because it wasn't needed, but it's a brand that makes people love it.
• 29:13
  [SPEAKER_00]: So it's going to do it for a value.
• 29:15
  [SPEAKER_00]: On the other hand, blockchain and the use of stable coins if you want to throw crypto into that tokens, incredibly useful in terms of productivity.
• 29:26
  [SPEAKER_00]: I assume our whole payment systems will be stable coins at 10 or 15 years.
• 29:31
  [SPEAKER_01]: the whole payment system is going to be stable coins in 10 or 15 years.
• 29:35
  [SPEAKER_01]: That sounds like a lot of infrastructure that needs to get built.
• 29:38
  [SPEAKER_01]: That sounds like a lot of changes from the traditional banking system that we know and used today.
• 29:43
  [SPEAKER_01]: And that makes a ton of sense why we're seeing all these job openings from across a plethora.
• 29:48
  [SPEAKER_01]: of different, you know, whether it's bankings or credit cards and, and I'll transition us into the next topic, but I don't want to necessarily, we want to focus on this specifically, but we can broaden the conversation out, too.
• 29:59
  [SPEAKER_01]: Just this, this, this master card announcement, I thought was wild.
• 30:03
  [SPEAKER_01]: I saw this.
• 30:03
  [SPEAKER_01]: I was reading through this and just the video that they put out here.
• 30:07
  [SPEAKER_01]: Um,
• 30:08
  [SPEAKER_01]: All these different, you know, partners of this program over 85 crypto companies partnering with MasterCard here.
• 30:15
  [SPEAKER_01]: A ton of these can't right there, as I'm going to say, it's sort of a Cosmos, like, how many of these have we not only had on the pod are talked about.
• 30:23
  [SPEAKER_01]: And now they're partnering with MasterCard.
• 30:25
  [SPEAKER_01]: This is a huge rollout guys.
• 30:28
  [SPEAKER_01]: So take a stab at it, Joe will start with you.
• 30:31
  [SPEAKER_01]: You can go MasterCard specific if you're aware of, you know, this, if you looked into it all or just the whole stable coin view is a whole.
• 30:37
  [SPEAKER_01]: that this is moving fast.
• 30:40
  [SPEAKER_05]: Yeah, a lot of people don't realize that utilizing crypto is still not, you know, second nature, right, is still cumbersome.
• 30:47
  [SPEAKER_05]: We have, I don't think we use it, right?
• 30:49
  [SPEAKER_05]: We're not using stablecoin credit cards.
• 30:51
  [SPEAKER_05]: I mean, Brian is, but he has a Gemini branded credit card.
• 30:54
  [SPEAKER_05]: It's not a crypto, Brian.
• 30:55
  [SPEAKER_05]: Come on, get with it.
• 30:57
  [SPEAKER_05]: We need him to utilize the actual crypto debit card.
• 30:59
  [SPEAKER_05]: And that's not throwing snack on every cause I'm not doing myself.
• 31:02
  [SPEAKER_05]: We're using crypto every day.
• 31:04
  [SPEAKER_05]: It's whack, meaning like, you know, at a coffee shop, right?
• 31:08
  [SPEAKER_05]: At that's coming.
• 31:09
  [SPEAKER_05]: I read today, there is an ex on how do buys leading the stable coin kind of momentum.
• 31:14
  [SPEAKER_05]: They print it from 17 million stable coin up to 71 billion and last week.
• 31:19
  [SPEAKER_05]: And overall, we're just seeing just wider adoption.
• 31:22
  [SPEAKER_05]: Here, I took a bit, you can't let it see it.
• 31:24
  [SPEAKER_05]: Dang it.
• 31:25
  [SPEAKER_05]: Oh, you can see it.
• 31:26
  [SPEAKER_05]: So that's an attacksy cab that I took home from Japan.
• 31:30
  [SPEAKER_05]: That was the last day.
• 31:32
  [SPEAKER_05]: And it was, Brian, you remember this?
• 31:34
  [SPEAKER_05]: This is the guest, snap it.
• 31:36
  [SPEAKER_05]: And you're advertising the back of a taxi.
• 31:39
  [SPEAKER_05]: You take a picture, snapping pictures of food, restaurants, whatever you get paid in Bitcoin.
• 31:45
  [SPEAKER_05]: So that was our podcast guest.
• 31:47
  [SPEAKER_05]: From like, two years, I'm not even sure, I remember when they talked about it, like, we're huge Japan.
• 31:51
  [SPEAKER_05]: I was like, yeah, right, and the two years later, I'm in the back of a taxi cab just literally last week
• 32:00
  [SPEAKER_05]: taking a picture and getting earned Bitcoin.
• 32:02
  [SPEAKER_05]: So what I'm trying to say is that the utilization of crypto is slowly like preferring to it a world, right?
• 32:08
  [SPEAKER_05]: And then I'm, I'm, I'm, I go to Japan like every year.
• 32:12
  [SPEAKER_05]: That's the first time I've seen crypto being featured in the back of the taxi cab.
• 32:15
  [SPEAKER_05]: So,
• 32:16
  [SPEAKER_05]: with the likes of master card, with the likes of stable coins, I only see that as like a hockey stick puck upwards along with AI, when it really, you know, when the flight gauge really opened a declarative yet.
• 32:28
  [SPEAKER_05]: So, you know, we're still waiting.
• 32:29
  [SPEAKER_05]: We're still waiting for adoption.
• 32:30
  [SPEAKER_02]: Yeah.
• 32:31
  [SPEAKER_02]: Well, well said, I mean, it's great to see all these partnerships.
• 32:34
  [SPEAKER_02]: I was actually, when I was looking at the sheet, when you were putting this together for the show today, I was looking at the sheet in like was captivated with all the names that were kind of rolled
• 32:45
  [SPEAKER_02]: And I was like, man, does that feel, yeah, look at this.
• 32:47
  [SPEAKER_02]: This isn't sane.
• 32:49
  [SPEAKER_02]: It is interesting with that, what the video that you played before is what Names accepted me.
• 32:56
  [SPEAKER_02]: But what he said was, crypto is a solution looking for a problem and found a huge problem and stable going to, you don't 100% agree that crypto is a solution looking for a problem.
• 33:06
  [SPEAKER_02]: I think there was a, it was just better for a lot of,
• 33:08
  [SPEAKER_02]: A lot of different industries, but stable coins, I 100% agree with him on stable coins and how they're going to change the way, I mean, way everything is operating and disrupt so many different markets.
• 33:20
  [SPEAKER_02]: But this is a 87 master cards crypto partner.
• 33:24
  [SPEAKER_01]: So on the right here, you can see that it's made up of blockchains, card issuance, payments infrastructure, security and compliance, custody, stable coin infrastructure, banking bridges, exchanges, and then other, the other is global
• 33:38
  [SPEAKER_01]: Um, again, it just a crypto partner program.
• 33:43
  [SPEAKER_01]: It's something to keep an eye on.
• 33:45
  [SPEAKER_01]: There wasn't too many detail, other than all these companies are coming together to, I guess, you know, try and see how they can support collaboration.
• 33:55
  [SPEAKER_01]: Um,
• 33:56
  [SPEAKER_01]: It's something to watch, because I think, I guess the reason why it popped out to me so much is the names, is the announcement, and then just MasterCard is a whole, if I pull up their actual, their bio, like interesting bio here, MasterCard, turning digital assets into real-world value is priceless.
• 34:15
  [SPEAKER_01]: You know, basically changing their whole slogan there on X.
• 34:19
  [SPEAKER_01]: So,
• 34:20
  [SPEAKER_01]: Where's the puck going?
• 34:22
  [SPEAKER_01]: Clearly, clearly, it seems to be tokenization.
• 34:25
  [SPEAKER_01]: It seems to be stable coins.
• 34:26
  [SPEAKER_01]: And you're in the right place here, listen to Crypto 101, because we've been doing this for years, we've been doing this for cycles.
• 34:33
  [SPEAKER_01]: So if you're new here and liking it, or if you're old, please give it a thumbs up.
• 34:37
  [SPEAKER_01]: Give the video a thumbs up, it's obviously we love doing this.
• 34:40
  [SPEAKER_01]: It's free, and it really helps the video get more exposure.
• 34:44
  [SPEAKER_01]: If you're new on the bottom right, you'll see our podcast logo, hit it and subscribe.
• 34:47
  [SPEAKER_01]: So you can join us more often.
• 34:49
  [SPEAKER_01]: the chat super active today on a Friday C.J.E.
• 34:52
  [SPEAKER_01]: from the USA.
• 34:53
  [SPEAKER_01]: We have a Yodel from Nigeria guys.
• 34:57
  [SPEAKER_01]: We have a Sherry from Mont Rial.
• 35:00
  [SPEAKER_01]: Mont Rial.
• 35:01
  [SPEAKER_01]: We got Brett from Oklahoma.
• 35:03
  [SPEAKER_01]: Unbelievable.
• 35:03
  [SPEAKER_01]: We're literally painting around the globe today on a Friday.
• 35:07
  [SPEAKER_01]: We love it.
• 35:09
  [SPEAKER_01]: But it's time to transition into what?
• 35:11
  [SPEAKER_01]: I don't know.
• 35:12
  [SPEAKER_01]: We got one little fun.
• 35:13
  [SPEAKER_01]: One little fun.
• 35:14
  [SPEAKER_01]: One little fun.
• 35:17
  [SPEAKER_01]: One little fun.
• 35:19
  [SPEAKER_02]: Oh, no, it was this guy, I don't know the, I know some of the details, so I don't want to butcher it.
• 35:24
  [SPEAKER_02]: I should bring the tweet up, but I know this guy lost 50 million dollars.
• 35:29
  [SPEAKER_02]: What was he trying to swap into AA, I believe, using USDT and he, uh, the interface gave him a warning, high slipage, like 99%.
• 35:38
  [SPEAKER_02]: This was all done, does it say, on here, on mobile?
• 35:46
  [SPEAKER_02]: on his mobile device and like I try to my mobile a lot too but like you know I might I might sit down at the desk and walk to the door and close the windows if I was making a swap that heavy and I even read somewhere that they were trying to return like 600k back to him and fees somewhere but this is just
• 36:07
  [SPEAKER_02]: I, I, I, this sucks.
• 36:09
  [SPEAKER_02]: Like for the individual.
• 36:11
  [SPEAKER_02]: It's horrible.
• 36:11
  [SPEAKER_02]: Like I feel horrible for them.
• 36:13
  [SPEAKER_02]: But this one screams like when we talked about doing like content media, if you ever wanted to do like a humorous video like You do it something you're on your mobile phone trading 50 million.
• 36:26
  [SPEAKER_02]: You get a price impact warning.
• 36:28
  [SPEAKER_02]: It's going to affect you by 99.9% and you still just jam the go button.
• 36:35
  [SPEAKER_02]: What was going on here is the real question, but
• 36:39
  [SPEAKER_02]: Just insane.
• 36:41
  [SPEAKER_02]: Did you guys see this re-reading about it all when it happened so you like there it Make me pause when I see this stuff.
• 36:47
  [SPEAKER_01]: I'm like, uh, uh, yeah.
• 36:50
  [SPEAKER_01]: I mean, is it some like like you said It's on mobile.
• 36:53
  [SPEAKER_01]: They're not they're clearly I mean you don't want to talk like you don't know You're not gonna be like it just feels like they're being careless.
• 36:59
  [SPEAKER_01]: Was this like some chic son that has you know Buku box that can just flip 50 million on his phone because it's nothing like who are these people?
• 37:10
  [SPEAKER_05]: I read into this a bit because we do a lot of headline news but reading you know a few inches deep helps a lot and their speculation that this is not a real user it's supposedly like a fresh finance wallet looking at longer dirty money through like this really low liquidity pool.
• 37:29
  [SPEAKER_05]: But even with all those excuses, this shouldn't have happened.
• 37:32
  [SPEAKER_05]: Like, Avay should not, I'm sorry.
• 37:36
  [SPEAKER_05]: Whichever defied the utilize that protocol, that the founder came on said, yeah, this shouldn't have happened.
• 37:40
  [SPEAKER_05]: This should have been safeguards.
• 37:42
  [SPEAKER_05]: Even though he did approve a 99% fail failure to swap, he did approve it.
• 37:49
  [SPEAKER_05]: that shouldn't have happened.
• 37:50
  [SPEAKER_05]: So, it's still unfolding.
• 37:51
  [SPEAKER_05]: It's pretty crazy, you know, but it's real, it's a real loss for this individual with dirty or not.
• 37:58
  [SPEAKER_05]: It would turn 50 million dollars into essentially nothing, but I would say that this person is definitely not a listener of ours, because why would you swap an obvi in a verse?
• 38:09
  [SPEAKER_05]: Obvi hasn't been performing for years.
• 38:11
  [SPEAKER_02]: ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha
• 38:22
  [SPEAKER_01]: That's what we do here, guys.
• 38:23
  [SPEAKER_01]: We educate, but yeah, if it's dirty money, I'll tell you this, Brian, if it's dirty money, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend of the show, not friend
• 38:44
  [SPEAKER_01]: basically of evaporating 50 million dollars.
• 38:48
  [SPEAKER_01]: Thanks for the insight, Joe, that was great.
• 38:50
  [SPEAKER_01]: And makes it so good.
• 38:53
  [SPEAKER_01]: Yeah, it makes it ton of sense.
• 38:54
  [SPEAKER_01]: But kind of your point of, we try to educate, whether it's the YouTube, whether it's the podcast, or the community.
• 39:00
  [SPEAKER_01]: So if you guys are interested in getting more access to us as a community, whether it's Bryce or Brendan, check the links below.
• 39:08
  [SPEAKER_01]: We have dollar trials for our crypto portfolios, and then for the momentum money maker guys, Brian and Joe here,
• 39:14
  [SPEAKER_01]: Um, if you're familiar with them and you want to get more in, you know, in tune with their newsletter and their calls, I have a dollar trial for them as well in the description.
• 39:22
  [SPEAKER_01]: Give it a click try it out.
• 39:23
  [SPEAKER_01]: Um, you know, you've seen their great calls even recently like punch the monkey and the others that we've covered over the last week with your, uh, what was it the, the AI bot call that you guys did.
• 39:34
  [SPEAKER_01]: We went over that with Brian last week.
• 39:36
  [SPEAKER_01]: That was great.
• 39:36
  [SPEAKER_01]: So let's go over the momentum news and if you're somebody that, you know, enjoys the podcast and once those quicker access to these type of calls to Maybe make some of your own you know decisions to act on them The dollar trials the best way to do it.
• 39:50
  [SPEAKER_01]: So check the link below and let's get into the fun stuff to wrap up our Friday Puggy Penguin back in the news Surviving the lawsuit so far and they're launching Puggy World
• 40:02
  [SPEAKER_02]: Yeah, that lawsuit was so yesterday.
• 40:04
  [SPEAKER_02]: I mean, that was such a blip on the radar.
• 40:07
  [SPEAKER_02]: How about I, Joe, did you see that?
• 40:09
  [SPEAKER_02]: Because you're away.
• 40:10
  [SPEAKER_02]: Did you see that the penguin clothing company filed a lawsuit against the bloody penguins?
• 40:14
  [SPEAKER_02]: I mean, I'm disgusted by that entire lawsuit.
• 40:19
  [SPEAKER_02]: I'm gonna lie, but Pudgy World looks super cool, man.
• 40:21
  [SPEAKER_02]: It's a free browser game that they came out with that just went live.
• 40:25
  [SPEAKER_02]: I think there's like 12 different, uh,
• 40:27
  [SPEAKER_02]: worlds or towns.
• 40:28
  [SPEAKER_02]: There's no download needed.
• 40:30
  [SPEAKER_02]: So it's just a real easy browser game.
• 40:32
  [SPEAKER_02]: It's really just instant play for everyone.
• 40:34
  [SPEAKER_02]: This is gay help tremendously to like grow the IP.
• 40:37
  [SPEAKER_02]: I think there's already they like mentioned some integrations with Pengu here.
• 40:42
  [SPEAKER_02]: I'm pretty confident that there will be, but you know this is bringing
• 40:47
  [SPEAKER_02]: millions and millions of normal people that like games that like this IP into the ecosystem for free and it continues to grow the NFTIP it's a gaming the future token utility hopefully that's going to be incoming an awesome announcement we said all the time they just keep it making more and more announcements more announcements and like half the altcoins that we follow in the
• 41:14
  [SPEAKER_05]: Not in Padji, but that's the first I've seen it.
• 41:16
  [SPEAKER_05]: I just got back from Tokyo, so I didn't really see it.
• 41:19
  [SPEAKER_05]: But on Padji itself, I've seen a lot of the JIFs throughout Lunar New Year that just passed this last month.
• 41:25
  [SPEAKER_05]: A lot of people sending it to me that has no idea what Padji is.
• 41:28
  [SPEAKER_05]: So they're still penetrating a lot of markets and stealing mine sure, so get to see that.
• 41:34
  [SPEAKER_01]: Yeah, and then some news, I didn't see this.
• 41:37
  [SPEAKER_01]: Glad we brought it up.
• 41:38
  [SPEAKER_01]: Some news on the Pengu ETF.
• 41:41
  [SPEAKER_05]: Yeah, I put that in because that's news, not bad news actually.
• 41:45
  [SPEAKER_05]: We just want to update everyone because we always talk about the Pingu ETF ones that come out.
• 41:48
  [SPEAKER_05]: It's going to help, you know, float the bags.
• 41:51
  [SPEAKER_05]: The Pingu ETF got recently withdrawn from canary capital, and but the S1 registration is still up.
• 41:57
  [SPEAKER_05]: So they can still file and things get withdrawn at a time to get reworked.
• 42:01
  [SPEAKER_05]: And what they're saying is that they're going to take the NFTs out of it.
• 42:05
  [SPEAKER_05]: and strictly go of the Pengu ETF because a lot of people don't know that it got submitted as a Pengu and NFT ETF.
• 42:11
  [SPEAKER_05]: The first of it's kind, which is probably what's deleted.
• 42:14
  [SPEAKER_05]: A lot of people looking for this launch on the first quarter of this year.
• 42:18
  [SPEAKER_05]: And so the hopes are that it's going to launch later in a year and much more speedily because of that.
• 42:23
  [SPEAKER_05]: And Pengu itself is
• 42:25
  [SPEAKER_05]: You know, we kind of see as a barometer of the memecoin market when it moves.
• 42:28
  [SPEAKER_05]: The memecoin market really moves alongside with it is really up performed the NFT.
• 42:33
  [SPEAKER_05]: So if you did hold Pengu during these last few weeks, it's it's performed pretty well up like 23%.
• 42:37
  [SPEAKER_01]: Yeah, Pengu is so volatile, man.
• 42:40
  [SPEAKER_01]: It's it's a fun ride up and down.
• 42:44
  [SPEAKER_02]: Yeah, it's one of those like, it's one of those that I still dolled cost averaging and just throw on a wallet And on my case, if this really does become, it's not gonna become this big, but like the Disney of the web three or this household brand like I kill myself or kick myself, kick myself, don't ban us YouTube, kick myself If uh
• 43:06
  [SPEAKER_02]: like Pengu took off for billions and billions of dollars.
• 43:11
  [SPEAKER_02]: I just need exposure to it because they're one team that's, I mean, the following a Pengu ETF, they have Pudgy World, they're doing everything in every sector and they're doing it well as well.
• 43:20
  [SPEAKER_02]: It's not crappy work, everything that they deliver, like the games, their mobile game, I haven't checked out Pengu World yet, their mobile game's elite.
• 43:27
  [SPEAKER_02]: It's awesome, it's always new updates, my kids love it.
• 43:31
  [SPEAKER_01]: I don't know, you talk about that mobile game all the time, like it's so fun.
• 43:35
  [SPEAKER_01]: Angwin World comes out and I'm like, oh my god, another game, Brian's not going to Brian's not going to get any of his gardening done this weekend, his new game drop, some balloon.
• 43:42
  [SPEAKER_02]: Not a big gamer man, but you know, I got this kid's farming, you know, just in case, there's some sort of an error drop, you know?
• 43:49
  [SPEAKER_01]: I love it, uh, somebody else that seems to be, I don't know if they're building as much as they're, uh, doing some revenue, pump fun.
• 43:55
  [SPEAKER_01]: We haven't talked about pump fun much.
• 43:57
  [SPEAKER_01]: I know it came up in the news, uh, recently we covered it.
• 44:00
  [SPEAKER_01]: I think Brian, but, uh, revenue go and strong and, and some expansions into Ethereum.
• 44:06
  [SPEAKER_02]: I need somebody to break down.
• 44:08
  [SPEAKER_02]: like why this token is not going up faster.
• 44:12
  [SPEAKER_02]: It's actually down on the day I believe, but you know, pump fund is that Sol Solana meme coin launch pad that trying to do even more and they just crossed a billion dollars in lifetime revenue.
• 44:23
  [SPEAKER_02]: The first Solana app I believe ever to do that.
• 44:26
  [SPEAKER_02]: And they're printing one million per day in fees.
• 44:29
  [SPEAKER_02]: still without even meme coins like absolutely rocking, but there's a lot of coins are getting generated now, but all these fees go straight back or pretty much all of them to buying the pump tokens, which is already removed like 30% of the supply.
• 44:44
  [SPEAKER_02]: So in their expanding to Ethereum, their expanding to base, their expanding to Modad soon.
• 44:50
  [SPEAKER_02]: So
• 44:51
  [SPEAKER_02]: It's like the hyperliquid world of like I like hyperliquid because of the app and what it does in the buybacks in the attention it gets And they make money.
• 45:01
  [SPEAKER_02]: That's why I like hyperliquid people go there to like trade oil They go there to buy Bitcoin Opened longs do perps trading they're doing more and hypes looks good and that's like interesting app in the crypto world nothing of its kind pump.
• 45:16
  [SPEAKER_02]: fun
• 45:17
  [SPEAKER_02]: feels like it's really cutting a niche for itself.
• 45:20
  [SPEAKER_02]: It's already has it with being this meme coin launchpad, but they're still creating an insane amount of revenue, like just pure money, and they're buying back their own token.
• 45:32
  [SPEAKER_02]: So I get boot up on the token price, but then when I look at the chart, it doesn't look as impressive.
• 45:41
  [SPEAKER_02]: You know, it's just over the last month, it's pretty flat.
• 45:44
  [SPEAKER_02]: So, I need to do a little bit more digging into it because it feels like there could be an opportunity here to be completely honest with everyone.
• 45:53
  [SPEAKER_02]: It feels like, you know, as the major continues to grow and we get out of this crypto trading rut.
• 45:59
  [SPEAKER_02]: If pumped out funds still making a million dollars a day in fees like in the market that we're kind of in now we're like speculating like we're speculating on fertilizer stocks 20 minutes ago like what happens when we start speculating on like on chain assets it'll come back that was why I brought it up that like that is that is like hey the money's just sloshing around like it's not going anywhere it's going to come back.
• 46:23
  [SPEAKER_02]: Yeah, so when it comes back on chain pumped up, fundamentally feels like the number one launch pad for coins.
• 46:30
  [SPEAKER_02]: Now they're expanding to a theory in the base of moan ad.
• 46:34
  [SPEAKER_02]: And while this is all going on, there's a number one most revenue generated out on Solana, $1 billion making a million dollars a day in fees buying back their own token.
• 46:42
  [SPEAKER_02]: Like,
• 46:44
  [SPEAKER_02]: it sounds almost too good to be true, but the token trading sideways.
• 46:48
  [SPEAKER_02]: So I'm going to probably do a little bit more digging and probably talk about it with our private community next week when I dig up, but it feels like there could be a nice little uptrend scenario with a breakout with, you know, the rest of the overall market, starting to generate some hype and interest.
• 47:04
  [SPEAKER_02]: So it's definitely a token on my short list to keep eyes on.
• 47:07
  [SPEAKER_01]: Yeah.
• 47:07
  [SPEAKER_01]: I mean, you heard their first dive into that link below for a trial to check out what Brian might dig up around pump.fun.
• 47:15
  [SPEAKER_01]: That's what that community is about.
• 47:16
  [SPEAKER_01]: Again, we love doing the podcast for free.
• 47:19
  [SPEAKER_01]: But if you want that early access to the thoughts and the research that these guys dig up, you know, that's what the community's for.
• 47:25
  [SPEAKER_01]: It's, you know, getting that email alerts and write your inbox right when they find it.
• 47:29
  [SPEAKER_01]: And that's, you know, that's where the action, that's where the momentum, that's where the alpha is.
• 47:34
  [SPEAKER_01]: I saw you where you're wrecked at today, Brian.
• 47:37
  [SPEAKER_01]: I was like, oh, I saw wrecked on the sheet.
• 47:39
  [SPEAKER_01]: I saw Brian come on with a wrecked at.
• 47:42
  [SPEAKER_01]: I was like, oh, boy, there must be some big news.
• 47:44
  [SPEAKER_01]: And this is big.
• 47:45
  [SPEAKER_01]: This is tying together to a two projects that you guys talk about fair amount for a long time that are that are partnering here.
• 47:53
  [SPEAKER_01]: So that's exciting.
• 47:55
  [SPEAKER_02]: And this is great news.
• 47:56
  [SPEAKER_02]: Now they release some details here.
• 47:58
  [SPEAKER_02]: I was again right before I jumped on, but there's going to be an allow list.
• 48:02
  [SPEAKER_02]: It sounds like I Joe, I don't know how much you dug into this as well, but I'm pretty sure there's going to be some sort of distribution of tokens, right?
• 48:10
  [SPEAKER_02]: And some rewards from what I could tell and there's an allow list for if you hold a certain amount of wreck tokens If you heard of it hold a certain amount of burbed tokens and then a general public allow list.
• 48:21
  [SPEAKER_02]: So I wanted to share this with everyone because in the past If it kind of goes the same way these buys have been pretty lucrative Joe kicking it over to you because it looked like you you did some research on this as well
• 48:36
  [SPEAKER_05]: Yeah, you're going to get a exclusive wrecked and vibes of Moonbirds card.
• 48:41
  [SPEAKER_05]: Not sure if it's physical, digital, probably digital.
• 48:42
  [SPEAKER_05]: You're going to get wrecked drink points, which typically means that you're going to get an air drop of wrecked coin and you're going to get some burp.
• 48:49
  [SPEAKER_05]: So it's official.
• 48:50
  [SPEAKER_05]: You're going to get some Moonburb token.
• 48:52
  [SPEAKER_05]: You can sell down open market and recoup some costs.
• 48:54
  [SPEAKER_05]: So this probably will be a free drink because it's limited to only people who have
• 48:59
  [SPEAKER_05]: You know, if you're a moonbird holder, like the NFT, like Brian and I, we own the NFT or if you own the wreck token, so people might rush to get a little bit of wreck token is not too much.
• 49:10
  [SPEAKER_05]: I think like 340 million wreck token.
• 49:12
  [SPEAKER_05]: So that's sort of the flywheel.
• 49:13
  [SPEAKER_05]: It says right there.
• 49:14
  [SPEAKER_05]: Yeah, if you have 300 burbed 350 million wreck token.
• 49:18
  [SPEAKER_05]: That's kind of like the ticket to get it.
• 49:20
  [SPEAKER_02]: So hopefully that's like 50 bucks, right?
• 49:23
  [SPEAKER_05]: It's like nothing.
• 49:24
  [SPEAKER_02]: Yeah, I mean, it's something.
• 49:25
  [SPEAKER_02]: Yeah, I was thinking it was going to be a massive amount.
• 49:29
  [SPEAKER_02]: 50 bucks doesn't seem that crazy.
• 49:31
  [SPEAKER_05]: Yeah, and since it's such a big two brands coming together, I imagine you won't get some wrecked tokens that marketing will push because, you know, with the giant ego store purchases, they utilize that money to buy wrecked token from marketing purposes.
• 49:44
  [SPEAKER_05]: And this would probably be a big marketing push with these two big brands and open sea.
• 49:48
  [SPEAKER_05]: So wrecked burp and open sea and we'll look forward to that and what that brings.
• 49:53
  [SPEAKER_05]: So yeah, we're still looking at wrecked.
• 49:55
  [SPEAKER_05]: To perform and yeah, we'll keep everyone posted on on the you know what they have come coming up Have we have we got any hints?
• 50:04
  [SPEAKER_02]: I didn't see any have we got a hint about the flavor?
• 50:06
  [SPEAKER_02]: No, I have a good.
• 50:07
  [SPEAKER_02]: I have a really good really good guess what the flavor is
• 50:11
  [SPEAKER_02]: I think I've made it in our market update.
• 50:14
  [SPEAKER_02]: I didn't read this so I'm not sure so if it comes true I could predict the future but I think it's gonna be orange and I'll tell you why you guys probably like why It's because burb is owned by orange cap games.
• 50:30
  [SPEAKER_02]: That's not too close.
• 50:31
  [SPEAKER_02]: So there's no orange flavor yet if it's not
• 50:36
  [SPEAKER_02]: somebody give your guy call.
• 50:38
  [SPEAKER_01]: I'll give a super boy bet on the gatoried color when it's an action on that.
• 50:42
  [SPEAKER_02]: Open the market up.
• 50:44
  [SPEAKER_01]: open it up.
• 50:45
  [SPEAKER_01]: Open it up.
• 50:46
  [SPEAKER_01]: No, that's great and definitely something to to keep tabs on.
• 50:50
  [SPEAKER_01]: I saw Trump coin on the sheet today.
• 50:53
  [SPEAKER_01]: So I was like, let's look at the price action.
• 50:55
  [SPEAKER_01]: Sure enough, ripping up basically at one point it was up like 50 plus percent on the day coming back down a little bit there 22 percent on the weekend and people might ask why?
• 51:08
  [SPEAKER_01]: Well, another luncheon.
• 51:10
  [SPEAKER_01]: Another luncheon is in store.
• 51:11
  [SPEAKER_01]: It seems we've seen this before where top holders get invited to an event.
• 51:21
  [SPEAKER_01]: The president will speak at it.
• 51:23
  [SPEAKER_01]: This one's going to be at Mara Logo.
• 51:25
  [SPEAKER_01]: The last one was outside of D.C. somewhere in Virginia.
• 51:28
  [SPEAKER_01]: Anybody attending fellas?
• 51:31
  [SPEAKER_01]: Anybody you guys either you guys attending?
• 51:33
  [SPEAKER_05]: Thankfully, no, because we saw it at the
• 51:35
  [SPEAKER_05]: The top and it's been down only since then, but we do know of people that attend it, and my pot possibly attend if they're still holding They're still holding now.
• 51:45
  [SPEAKER_05]: They definitely should get some value for the token because it's not good holding now But if you purchased it now, maybe you could be a top order And maybe it doesn't take much to get in now at $13.83
• 51:57
  [SPEAKER_01]: True.
• 51:57
  [SPEAKER_01]: True.
• 51:58
  [SPEAKER_01]: Yeah.
• 51:58
  [SPEAKER_01]: You got to wonder who's still holding those bags.
• 52:01
  [SPEAKER_01]: Some little liquidity there.
• 52:03
  [SPEAKER_01]: You know, nothing we ever say is personal financial advice clearly.
• 52:06
  [SPEAKER_01]: But use caution around this one if you're going to go play in these streets.
• 52:11
  [SPEAKER_01]: This was a huge winner for all of us at one point.
• 52:14
  [SPEAKER_01]: I believe, you know, for on the inauguration at that time, you could see all the way back, you know, early 25 there in January.
• 52:21
  [SPEAKER_01]: The meme coin winter, the fun winter.
• 52:24
  [SPEAKER_01]: it was a fun times there and it was fun times and just I never forget I sit on my recliner I think it was like a Thursday or night or whatever and Trump tweeted that out the meme coin thing and people at the Gallo were tweeting it out and I just happened to be home and got the alerts and jumped in on that that was a fun little bag but
• 52:46
  [SPEAKER_01]: Again, these meme streets aren't for the faints of heart here.
• 52:49
  [SPEAKER_01]: You can see just a long trend down for the Trump coin, but hey, it's in the news.
• 52:54
  [SPEAKER_01]: We got to cover it.
• 52:55
  [SPEAKER_02]: Um, you think he, you think he, you know, how he loves to like cater with like, yeah, like the USA hockey team there, and they're all like chound down on McDonald's.
• 53:05
  [SPEAKER_00]: Yeah.
• 53:05
  [SPEAKER_02]: You know, I, I'm, I'm dying to know if he's doing McDonald's if it's like the big arches, that big arches been on my radar for a little while that new burger.
• 53:14
  [SPEAKER_02]: So I want to know, uh, I want to know what the menu is before I go and ape and attend this dinner.
• 53:20
  [SPEAKER_02]: That's the only thing I care about.
• 53:23
  [SPEAKER_01]: Yeah, it's a fair point.
• 53:24
  [SPEAKER_01]: You're not even getting it dinner.
• 53:25
  [SPEAKER_01]: You're getting a luncheon.
• 53:26
  [SPEAKER_01]: You're getting a gal luncheon.
• 53:27
  [SPEAKER_01]: That means you're you're in at a 10 30 for security check and you're out of there.
• 53:31
  [SPEAKER_01]: One PM for sure.
• 53:33
  [SPEAKER_01]: That's a quick.
• 53:34
  [SPEAKER_01]: That sounds like a quick in and out.
• 53:36
  [SPEAKER_01]: A little burger reference there to pun intended for those who know some fun Bitcoin news here water heaters are paying us in Bitcoin.
• 53:45
  [SPEAKER_05]: Yeah, I put this in.
• 53:46
  [SPEAKER_05]: You don't talk about winter.
• 53:47
  [SPEAKER_05]: So it's cold.
• 53:49
  [SPEAKER_05]: You got to heat up Bitcoin heater.
• 53:51
  [SPEAKER_05]: This is a real thing by super heat.
• 53:53
  [SPEAKER_05]: It's $2,000.
• 53:54
  [SPEAKER_05]: And if you ask grock, it's a meaningful return on a yearly basis based on Bitcoin prices today.
• 54:00
  [SPEAKER_05]: Maybe $300.
• 54:00
  [SPEAKER_05]: And, you know, Brian, I think you've replaced a water boiler before it costs like a good $1,000 for one of those, right?
• 54:08
  [SPEAKER_05]: You might as well mine's a Bitcoin for two.
• 54:10
  [SPEAKER_05]: And I'm in a point in my life where I'm trying to get everything crypto.
• 54:14
  [SPEAKER_05]: My house, I want to get a down payment and you don't use Bitcoin.
• 54:16
  [SPEAKER_05]: I want to get a Bitcoin heater to my Bitcoin.
• 54:19
  [SPEAKER_05]: I got NFT shoes in the back.
• 54:22
  [SPEAKER_05]: What can I get more crypto my life?
• 54:24
  [SPEAKER_05]: And this is just another fun one that I would, I thought would be kind of a fun input for a moment of money, make your segment here.
• 54:31
  [SPEAKER_01]: I like that.
• 54:33
  [SPEAKER_02]: I, yeah, sorry, didn't mean to catch you off there.
• 54:35
  [SPEAKER_02]: I like it as well.
• 54:38
  [SPEAKER_02]: So it's interesting.
• 54:39
  [SPEAKER_02]: I did do some plumbing recently That's what you're very correct to move in some hot water tanks around to rewire it work in the plumbing But did not need to purchase a new hot water tank.
• 54:49
  [SPEAKER_02]: We got to and then that was part of the whole deal and the gut, but the guy was like a Few years you're getting new need to new hot water heater and I was like you put this on the sheet and I was like I'm not just like I'd rather just spend the two green and buy Bitcoin.
• 55:03
  [SPEAKER_02]: That's probably a better investment, but if I need a new hot water heater
• 55:07
  [SPEAKER_02]: why the heck am I not buying this one, then he's me $1,000 a year Bitcoin.
• 55:13
  [SPEAKER_02]: You know, once this sucker's going up only, I believe.
• 55:16
  [SPEAKER_02]: I'm a believer.
• 55:17
  [SPEAKER_02]: So it's it's super fun and interesting to see these new products that come out.
• 55:22
  [SPEAKER_02]: I mean, you know, the volume, and you know, I'll quick this key.
• 55:25
  [SPEAKER_02]: Oh, I'm just keeps the water.
• 55:26
  [SPEAKER_02]: I got a lot of people running hot water in my house.
• 55:29
  [SPEAKER_02]: But if everything checks out, it might be a real winner.
• 55:32
  [SPEAKER_01]: That's great.
• 55:33
  [SPEAKER_01]: I love it.
• 55:34
  [SPEAKER_01]: Well, it's something to keep tabs on if anybody else out there ends up buying it or you guys do let let me know would be fun to cover and track
• 55:41
  [SPEAKER_01]: We got two more quick hitters and then since it's Friday, we will as one question came in from a friend, great, hub-ish.
• 55:49
  [SPEAKER_01]: So if there's anybody else that has questions for us, toss them in the chat, we got two more topics real quick and then we'll answer some questions and wrap up on a fun note here.
• 56:00
  [SPEAKER_01]: What was the, what was next doodles?
• 56:02
  [SPEAKER_01]: We got some doodles news.
• 56:04
  [SPEAKER_02]: Oh yeah, I put that I put that on there because what we talked about like the integration of like AI and crypto all the time and that's something we're talking about the majority of the time and The moment of money makers because it's such a hot topic in our last two podcasts we've done Don't I've been like talking more more about AI and AI agents and just how this is going to change
• 56:26
  [SPEAKER_02]: the world very, very quickly.
• 56:28
  [SPEAKER_02]: But doodles, which is one of the leading NFT projects out there, they actually, I think the beta launch is next week, something I think on the 17th, but it's a custom AI only doodle style art vibrant studio grade type of AI studio.
• 56:45
  [SPEAKER_02]: So really interesting, so there's going to be everything from images, the physical merch, video sound, real-time AR, full games that you can create with this studio, and why I like this so much is that you're seeing some NFT brands, like the rekt tokens, the Puggy penguins, moombirds, doodles, that they're evolving, you know, they didn't just sit on their hands, and these are some major projects with a lot of money too, but they're evolving.
• 57:10
  [SPEAKER_02]: And they're really going where a lot of the actions they'd be in the future here, and I thought this was really interesting, burnt toast is to CEO and the artist of Doodles, and I do love this like spin on creating this AI studio.
• 57:23
  [SPEAKER_02]: So I, you can actually go to doodles.app.
• 57:27
  [SPEAKER_02]: Adoodles.app.
• 57:28
  [SPEAKER_02]: I believe the website double check that.
• 57:30
  [SPEAKER_02]: And you can sign up by sign up for the beta version because hey, why not get check it out.
• 57:35
  [SPEAKER_01]: Yeah, I mean, when I think doodles and birds, I come to you, Brian.
• 57:39
  [SPEAKER_01]: So we'll stay, uh, stay a prize.
• 57:41
  [SPEAKER_01]: There anything to add, Joe?
• 57:43
  [SPEAKER_05]: No, we just, A, A is the sizzle word now.
• 57:46
  [SPEAKER_05]: So if you don't do, you utilize A, I'd then, um, I'll be curious about how much you're going to progress even if it's, uh, another I'd be like, Pledge of penguins.
• 57:56
  [SPEAKER_05]: So that is something that, keep in mind.
• 57:58
  [SPEAKER_01]: Take us back to when you could just mention AI on your projects token or earnings call and everything would go up 50% take me back to that market.
• 58:07
  [SPEAKER_01]: That was fun.
• 58:08
  [SPEAKER_01]: That was a fun time.
• 58:09
  [SPEAKER_01]: That was a fun time to be alive.
• 58:11
  [SPEAKER_02]: You need to be fertilizer companies to start talking about incorporating AI into their rocks into their sourcing and supply chain.
• 58:20
  [SPEAKER_01]: and that's what i'm saying you see that you know they goes up 20% a week and smuckers goes up 20% a couple weeks like are these jellies and jams curing cancer i just i don't know i don't know what's going on over there uh but last little note here cftc unveils prediction market regulations uh calcium market coin base and others staring down the barrel of the cftc
• 58:45
  [SPEAKER_01]: I know that there's some huge lobbying going on from our sports, you know, the traditional sports betting players, your draft kings, your fan duel.
• 58:54
  [SPEAKER_01]: They saw an absolute rug pull of all you when these, you know, prediction markets went online, allowing sports.
• 59:03
  [SPEAKER_01]: Again, we know it is different.
• 59:05
  [SPEAKER_01]: It's similar but different.
• 59:06
  [SPEAKER_01]: So there's a lot of regulation sloshing around.
• 59:10
  [SPEAKER_01]: Something we'll keep a price to.
• 59:15
  [SPEAKER_02]: can't win them all.
• 59:16
  [SPEAKER_02]: That's the problem because it's something that I feel like we both should have nailed with shorting the sports book stocks.
• 59:25
  [SPEAKER_02]: Like a year ago when we were talking about how hyped the prediction markets were and how like sports books were in trouble.
• 59:30
  [SPEAKER_02]: We've missed generational wealth.
• 59:32
  [SPEAKER_02]: I mean, we'll make it all back on fertilizer, but the next generational wealth on shutting the stocks.
• 59:39
  [SPEAKER_02]: But this is super interesting.
• 59:41
  [SPEAKER_02]: I mean, the CFTC dropped their first clear federal rules for prediction markets on just yesterday.
• 59:46
  [SPEAKER_02]: So it's going to give calcium, polymarking, coinbase, more legal framework.
• 59:51
  [SPEAKER_02]: So there's like a 45 day common period open now so that's that's it's going to change a little bit So why this matters to the crypto crowd is this day and the gray area gives it massive legit
• 1:00:06
  [SPEAKER_02]: a legitimate boost within what they're trying to build and it's going to protect hopefully against state shutdowns.
• 1:00:14
  [SPEAKER_02]: It's going to hopefully unlock some institutional money and just more on-chain elections and sports are going to come about as the CFTC continues to improve regulations.
• 1:00:26
  [SPEAKER_02]: I don't believe
• 1:00:28
  [SPEAKER_02]: that they're going to really try to hammer them down too much.
• 1:00:31
  [SPEAKER_02]: I think they want these prediction markets to grow, but we need to regulate them in some form like crypto.
• 1:00:38
  [SPEAKER_02]: We need clarity, we need regulation, we need a framework.
• 1:00:41
  [SPEAKER_02]: And once we get that clarity regulation in framework, for kind of the research I did, it didn't seem like this was negative news.
• 1:00:47
  [SPEAKER_02]: It's like this is going to be good for the growth of prediction markets and probably the crypto rails behind it.
• 1:00:52
  [SPEAKER_01]: Yeah, just a lot of new things between tokenization, stable coins, prediction markets, crypto.
• 1:01:00
  [SPEAKER_01]: It's all going so fast, which we love to see, but again, the regulation is something that probably is needed in many areas.
• 1:01:07
  [SPEAKER_01]: You just hope it's done, kind of like what we say with the Clarity Act all the time.
• 1:01:11
  [SPEAKER_01]: Like, hey, something's probably going to get done here, we just hope
• 1:01:13
  [SPEAKER_01]: When it is all said and done and put into the fold that, you know, it's something that can work for everybody and gives opportunity the most.
• 1:01:24
  [SPEAKER_01]: So wrap up with some questions.
• 1:01:25
  [SPEAKER_01]: I only see one.
• 1:01:26
  [SPEAKER_01]: So we'll throw it up there.
• 1:01:27
  [SPEAKER_01]: If anybody else has another quick one, toss it in now before we wrap up on a Friday.
• 1:01:40
  [SPEAKER_01]: Parabolic real quick, but really again does not have anything to do with Mr.
• 1:01:44
  [SPEAKER_02]: Beast as a whole yeah off my gut reaction that can't be a good.
• 1:01:50
  [SPEAKER_02]: Oh, I was gonna say that can't be a good looking chart.
• 1:01:53
  [SPEAKER_02]: Yeah, as you brought it off.
• 1:01:55
  [SPEAKER_02]: Yeah, I'm not bullish on beast unless I unless I don't know something Joe correct me if I've like miss something, but there's no affiliation with Mr.
• 1:02:03
  [SPEAKER_02]: Beast.
• 1:02:04
  [SPEAKER_02]: This had a lot of hype when it was first created because people assumed it was Jimmy launching this or some connections to it there might even been some articles we talked about were like we were like speculating this could be it.
• 1:02:18
  [SPEAKER_02]: I don't remember I remember being hyped for like a couple of hours and they were like you even say a day on X or an evening.
• 1:02:25
  [SPEAKER_01]: I think a bunch of like, you know, and on KLLs just started tweeting, like, oh, we found Mr.
• 1:02:31
  [SPEAKER_01]: Beast token and threw it out there and got people excited.
• 1:02:35
  [SPEAKER_01]: I got my guess and then, yeah, a lot of people got rubbed pulled on this one.
• 1:02:39
  [SPEAKER_01]: I mean, just on coin market cap alone, I mean, the volume is zero dollars in the last 24 hours.
• 1:02:44
  [SPEAKER_01]: So, you know, this is a huge, huge stay away from from our team here again,
• 1:02:55
  [SPEAKER_02]: Yeah, I think there's just better opportunities, like, you know, you never say never of something would happen with this token, but zero zero volume, no connection with Mr.
• 1:03:07
  [SPEAKER_02]: Beast, and then there's a lot of really other interesting tokens out there, and if you want to go down the meme coin world, even some OG meme coins have been performing pretty well with the bounce of Bitcoin, but then you can even go like what Joan, I talked about a lot is this AI agent world, there's some really super interesting tokens there,
• 1:03:23
  [SPEAKER_02]: And I think the path for them to really pop off is I can see the path for those to pop off before, you know, the hope that missed the actual Mr.
• 1:03:33
  [SPEAKER_02]: Beast would endorse that token.
• 1:03:35
  [SPEAKER_02]: I don't, I don't think he's going to do it.
• 1:03:38
  [SPEAKER_01]: Good point.
• 1:03:40
  [SPEAKER_01]: New, new person here in the comments go when welcome.
• 1:03:44
  [SPEAKER_01]: Wouldn't be alive with a new member if they didn't ask about XRP always always a fun one.
• 1:03:51
  [SPEAKER_01]: Yeah, I think we've we've we've talked about XRP on the show a lot.
• 1:03:53
  [SPEAKER_01]: We want all everybody in the space to do well.
• 1:03:56
  [SPEAKER_01]: I don't think anybody on our team loves XRP per se.
• 1:04:00
  [SPEAKER_01]: It kind of tracks the market if you will a little bit in my opinion.
• 1:04:05
  [SPEAKER_01]: Anybody else have anything other than that.
• 1:04:07
  [SPEAKER_02]: Not a huge XRP guy personally, but like the ripple army is amazing like that's it trades.
• 1:04:15
  [SPEAKER_02]: It trades off of a community.
• 1:04:17
  [SPEAKER_02]: It trades off of a lot of like headlines.
• 1:04:19
  [SPEAKER_02]: It trades off of the market, like you said, Tvo, I can't say it's like a horrible token.
• 1:04:25
  [SPEAKER_02]: They tell me really good story.
• 1:04:28
  [SPEAKER_02]: But when you dig into like the tokenomics, the homings, yeah, that's what we hold on the tokenomics.
• 1:04:34
  [SPEAKER_02]: yeah they're kind of gross like they're kind of again I just think there's better opportunities out there I think there's like I love like the I'm not saying go out and buy it at the prices I don't even know what it is but like the hyper liquids are so unique with the revenue buybacks and the flywheel and the attention they're getting I just think there's better opportunities but I want Ripple to do well and I think there's a path as well for
• 1:05:00
  [SPEAKER_02]: But I don't think it's because it's gonna become like the international money we're all using or the story of the thing.
• 1:05:05
  [SPEAKER_01]: Right, it's sort of funny.
• 1:05:06
  [SPEAKER_01]: I have a really good friend who, you know, he's always, he's one of those people that we talk about when the market's up.
• 1:05:12
  [SPEAKER_01]: Oh, man, I should have bought it when the market's down.
• 1:05:14
  [SPEAKER_01]: He's like, oh, I'm glad I didn't buy that shit type.
• 1:05:16
  [SPEAKER_01]: But he's that type of guy and he just randomly one day's like, what do you think about XRP?
• 1:05:21
  [SPEAKER_01]: And I was like, oh my god.
• 1:05:23
  [SPEAKER_01]: You know, I've told him to try to give him some alpha, you know, especially when the markets were down.
• 1:05:27
  [SPEAKER_01]: He didn't join, you know, he just kind of looks at me like I'm crazy and then he asked me about XRP randomly.
• 1:05:33
  [SPEAKER_01]: It's like, you know, game the spiel about my thoughts and then he's like, oh, I bought some.
• 1:05:37
  [SPEAKER_01]: I'm like, you bought you bought some, like why am I talking to you about crypto for years?
• 1:05:42
  [SPEAKER_01]: You never bought anything.
• 1:05:43
  [SPEAKER_01]: And he's like, yeah, it's like, who toys?
• 1:05:46
  [SPEAKER_01]: I got my water guy.
• 1:05:49
  [SPEAKER_01]: That was like you got a water guy.
• 1:05:51
  [SPEAKER_01]: They have my water my water guy my water guy.
• 1:05:53
  [SPEAKER_01]: I was like Wow the water is like you must love this water guy.
• 1:05:57
  [SPEAKER_01]: It shows you what you think shows you what he thinks of me in my intelligence He doesn't he doesn't trust me, but he chases the water guy.
• 1:06:04
  [SPEAKER_01]: Oh my gosh
• 1:06:06
  [SPEAKER_02]: the hardest calls around come from you on the run down i mean given given nine dollar robinhood calls and the list goes on and on i mean that water guy we need to get this water guy's number i need to talk to about x rp and y's wrong or why he needs to he needs to get into the trenches of fertilizer you know he knows somebody he's a water guy it's guys my friend like a long
• 1:06:32
  [SPEAKER_01]: Like just the hours and hours of spending time together over the years and discussing and all that stuff and just like one water guy just comms and just the smartest guy in the world unbelievable unbelievable water guy.
• 1:06:48
  [SPEAKER_01]: last last question here from yolo friend of the show yolo does the strength hold up into the weekend I think we try our best to cover that list and it's headline driven completely if you get a the wars over tweet we won we're tater no more this no more that everybody's coming home it's it's going to be a huge party in the Monday and then vice versa if this thing escalates further the Sunday night futures will continue to be red oil will continue to go up
• 1:07:16
  [SPEAKER_01]: It's a headline to wheat driven market at this point, which is fascinating, but not something we haven't seen before, very much different consequence lies to the tariff era of last year, but very similar to just the market's trading on headlines and tweets and it's hard to digest on a macro level, but that's what Brian and Joe do best is finding the opportunities in the
• 1:07:44
  [SPEAKER_01]: finding, you know, the gems that people don't see coming.
• 1:07:48
  [SPEAKER_01]: So again, if you guys want more access to our team, please check out the links below.
• 1:07:52
  [SPEAKER_01]: We have some great, you know, trials there.
• 1:07:54
  [SPEAKER_01]: So you can just, you know, for a dollar, come on in and see what it's all about.
• 1:07:57
  [SPEAKER_01]: We would love to have you get in the mix each and every day with us instead of just, you know, once or twice a week on the pod.
• 1:08:05
  [SPEAKER_01]: Be get those first alerts, get the action, get the education, it's super fun to do this.
• 1:08:09
  [SPEAKER_01]: I hope everybody has a great weekend.
• 1:08:11
  [SPEAKER_01]: I will be back Monday with our long loss friend, Brendan.
• 1:08:14
  [SPEAKER_01]: Last time we had him on we told you to be a good time to get in to his momentum bowl We're on course because the charts were looking rangey and we needed his guidance A lot of strengths.
• 1:08:24
  [SPEAKER_01]: It's then so I'm sure everybody that's in that course has been doing well But we're gonna pull him back get some information on the charts I hope everybody enjoys their weekend.
• 1:08:32
  [SPEAKER_01]: Thank you Brian.
• 1:08:33
  [SPEAKER_01]: Thank you Joe Thank you to everybody listening out there and we'll see you guys next week.
• 1:08:37
  [SPEAKER_01]: Bye everybody