1 00:00:00,040 --> 00:00:01,480 Oh, yo, what up? What up? 2 00:00:01,520 --> 00:00:11,480 Good morning, Good morning, GMG. Wednesday. 3 00:00:12,120 --> 00:00:16,120 I don't like Wednesdays. It's kind of like it's kind of 4 00:00:16,120 --> 00:00:20,080 random, you know? Oh, hey, Wednesday anyways, 5 00:00:20,480 --> 00:00:22,320 Wednesday. You know what I mean? 6 00:00:22,320 --> 00:00:25,360 Like. We used to love Wednesday half 7 00:00:25,440 --> 00:00:27,280 of the week. You like Wednesdays. 8 00:00:27,600 --> 00:00:30,000 I I like Thursdays. I Thursdays like you know, it's 9 00:00:30,000 --> 00:00:31,800 lit Friday. I'm I'm exhausted. 10 00:00:32,680 --> 00:00:34,240 Saturday, Sunday's fine. Monday's great. 11 00:00:34,640 --> 00:00:37,360 I don't know. Maybe I'm a Tuesday minimalist. 12 00:00:37,360 --> 00:00:39,160 I don't know. Maybe maybe I'm, I'm, I'm 13 00:00:39,160 --> 00:00:41,600 bearish on Wednesdays. I'm bearish on I'm bearish on. 14 00:00:41,640 --> 00:00:48,640 But I'm bullish on today. Wednesday, August 14th, 2024, 15 00:00:48,720 --> 00:00:52,240 four, four, look at that. Another beautiful day to have a 16 00:00:52,240 --> 00:00:55,720 beautiful day. Another busy AF day over here. 17 00:00:55,720 --> 00:00:58,360 Holy shit. I got my car was in the house. 18 00:00:58,520 --> 00:01:00,280 Mano's on the way, but Tyler's over here. 19 00:01:00,800 --> 00:01:03,400 Tyler, how are you doing today? Yeah, I'm doing well. 20 00:01:03,480 --> 00:01:06,840 Sunshine, beautiful weather here in Chicago and markets, some, 21 00:01:06,880 --> 00:01:10,440 some pockets of this market are starting to come alive again. 22 00:01:10,440 --> 00:01:12,360 It's been quiet. The majors are chopping, but 23 00:01:12,360 --> 00:01:17,760 there's a few sectors doing OK. So some excitement is building. 24 00:01:17,840 --> 00:01:22,720 I'm feeling good. Yeah, I mean, I'm feeling if 25 00:01:22,720 --> 00:01:25,280 you're going to tell me the NF TS are back with a half a 26 00:01:25,280 --> 00:01:27,240 percent pump, go ahead and get started. 27 00:01:27,720 --> 00:01:32,920 I saw this today and I'm just like man, mother fuckers with 28 00:01:32,920 --> 00:01:36,240 talk tweeting about Bitcoin breaking out of 61K gets. 29 00:01:36,240 --> 00:01:39,120 I have my my indicators now. I know exactly who my counter 30 00:01:39,120 --> 00:01:42,600 trades are and I think I'm going to try putting it to work. 31 00:01:42,600 --> 00:01:47,480 But if you're on here to tell me the NF TS are back when apes are 32 00:01:47,480 --> 00:01:53,840 trading at tennis, you know, spare me so much the the. 33 00:01:53,920 --> 00:01:55,640 Most back the Backus they've ever been. 34 00:01:58,040 --> 00:02:00,280 I just, it just makes me laugh because this morning I saw the 35 00:02:00,280 --> 00:02:02,640 screenshots and then the whole market got slapped back down 36 00:02:02,640 --> 00:02:04,440 before the show and I was laughing at myself because 37 00:02:05,240 --> 00:02:08,720 there's this one trader that always posts the same chart 38 00:02:08,840 --> 00:02:12,680 every time bitcoins like sees a pump and every time like 5 39 00:02:12,680 --> 00:02:16,800 seconds later kid, you know there's a two point $5000 candle 40 00:02:16,800 --> 00:02:20,680 down since he posted this thing. We need Mando to pull up in a 41 00:02:20,680 --> 00:02:23,120 shirt we did yesterday. Yeah, we. 42 00:02:23,520 --> 00:02:25,480 Got a shirt motherfucker. I better fucking be wearing a 43 00:02:25,480 --> 00:02:26,880 shirt. Honestly. 44 00:02:26,880 --> 00:02:30,760 I saw that guy post I let he close my salon alongs just like 45 00:02:30,840 --> 00:02:38,640 slight like break even slightly and thank God it did I I try to 46 00:02:38,720 --> 00:02:42,280 I I I tried getting back into the leverage game and I was 47 00:02:42,280 --> 00:02:48,320 like, yeah, never mind. Let's let's not let's not let's 48 00:02:48,320 --> 00:02:50,440 not get into that game during the chop. 49 00:02:50,440 --> 00:02:55,880 But anyways, another show today today exactly the other show 50 00:02:55,880 --> 00:03:01,040 today today market reported as usual crypto macro, all that 51 00:03:01,040 --> 00:03:03,360 good stuff. We had CPI, we had PP is of all 52 00:03:03,360 --> 00:03:04,920 those numbers. We thought the numbers were 53 00:03:04,920 --> 00:03:08,160 good. This hold on, who sold Jesus 54 00:03:08,200 --> 00:03:12,400 Christ anyways? Yeah, these numbers, we thought 55 00:03:12,400 --> 00:03:15,680 they were OK Turns out they're maybe not so OK, but. 56 00:03:15,680 --> 00:03:16,920 But we'll see what happens there. 57 00:03:16,920 --> 00:03:20,680 Tyler's top 1000. And then last but not least, 58 00:03:21,240 --> 00:03:23,080 that's it. We'll give 100 bucks to someone. 59 00:03:23,080 --> 00:03:26,000 Oh yeah, we'll have a agree to agree to disagree or agree or 60 00:03:26,000 --> 00:03:31,880 disagree tweet today and then and then we'll give 100 bucks to 61 00:03:33,640 --> 00:03:36,960 to someone who's listening live. So we'll just you know, quickly, 62 00:03:36,960 --> 00:03:39,400 like stop my finger on someone just send you $100 if you ever 63 00:03:39,400 --> 00:03:41,360 roll bit account and it's that simple. 64 00:03:41,360 --> 00:03:44,120 So anyways, we'll get to Mendo after as soon as he's back. 65 00:03:44,120 --> 00:03:47,360 I know he had 10 minutes delay. So Tyler, Tyler, Tyler, what do 66 00:03:47,360 --> 00:03:50,800 you got for us today? Four daily NFT and crypto 67 00:03:50,840 --> 00:03:55,880 analysis. Tyler D on FOMO Hour calls the 68 00:03:55,920 --> 00:04:01,280 kids. Can yeah it it's a rocky 69 00:04:01,280 --> 00:04:06,560 morning, so crypto majors were up 4% pre CPI the CPI came in 70 00:04:06,880 --> 00:04:08,640 mostly in line with expectations. 71 00:04:08,640 --> 00:04:11,560 One of the numbers was a tick under expectations. 72 00:04:11,560 --> 00:04:12,960 Apparently market didn't like it. 73 00:04:13,280 --> 00:04:18,040 Majors are selling off now Bitcoin back at 59 K. 74 00:04:18,079 --> 00:04:22,120 It was over 61 when I woke up, so a little bit of volatility 75 00:04:22,120 --> 00:04:24,040 there same with stocks. Stocks have flipped red on the 76 00:04:24,040 --> 00:04:26,240 morning as well and other headlines. 77 00:04:26,240 --> 00:04:33,040 Coinbase eased CB BTC as a wrapped Bitcoin alternative 78 00:04:33,080 --> 00:04:36,120 coming to base. Now this comes just a week after 79 00:04:36,120 --> 00:04:40,280 the rap Bitcoin flood from Bitco and and Justin sun was 80 00:04:40,280 --> 00:04:42,320 circulating last week. So interesting timing there 81 00:04:42,480 --> 00:04:45,640 Stablecoins on Solana up $1 billion over the last three 82 00:04:45,640 --> 00:04:50,320 weeks, largely driven by PYUSD PayPal stablecoins growth over 83 00:04:50,320 --> 00:04:52,600 that time. We saw portal remember portal? 84 00:04:52,720 --> 00:04:54,360 They launched portal on arbitrum. 85 00:04:54,360 --> 00:04:57,520 Shout out to Arbitrum furthering their mission to build cross 86 00:04:57,520 --> 00:05:00,200 chain payment rails to unite web three games and we got some 87 00:05:00,200 --> 00:05:02,400 breaking news this morning. I think this is actually big. 88 00:05:02,600 --> 00:05:03,680 Perhaps the biggest news of the day. 89 00:05:04,000 --> 00:05:07,440 Metamask has launched their first ever crypto debit card, 90 00:05:07,760 --> 00:05:11,360 allowing people to spend directly from their Metamask 91 00:05:11,360 --> 00:05:14,480 self custody wall. So a lot to unpack there In 92 00:05:14,480 --> 00:05:16,800 memes, meme coin majors have flipped to red on the day. 93 00:05:16,800 --> 00:05:21,000 Most are down 1 to 2%. Ken, Billy, Giga and Flog were 94 00:05:21,000 --> 00:05:23,400 notable leaders. We got some wild news out of 95 00:05:23,400 --> 00:05:24,800 Giga. We'll have to come back to that 96 00:05:25,240 --> 00:05:27,200 later on the show, but that was a fun headline. 97 00:05:27,720 --> 00:05:31,040 We saw pump record high best ever revenue day over 98 00:05:31,040 --> 00:05:33,920 $5,000,000. Again tied to that Trump and 99 00:05:33,920 --> 00:05:38,520 Elon conversation, a based token launched with everyone holding 100 00:05:38,520 --> 00:05:42,240 those base introduced entities. They're eligible for 25,000 101 00:05:42,240 --> 00:05:45,840 tokens that a base coin over $4 million market cap and then 102 00:05:45,840 --> 00:05:49,560 margin by They launched their arena product where users can 103 00:05:49,560 --> 00:05:53,600 now go long or short any tokens on slot, including meme coins 104 00:05:54,280 --> 00:05:57,120 and NFTS Looking good across chains here this morning. 105 00:05:57,120 --> 00:06:00,120 Green across the board ETF leaders up about 5 to 15% this 106 00:06:00,120 --> 00:06:03,360 morning. Rune leaders up even more. 107 00:06:03,760 --> 00:06:09,520 RSIC bonk pumps Billy up in the 30 to 50% range, so some nice 108 00:06:09,600 --> 00:06:12,440 comebacks there. D gods are crushing over on 109 00:06:12,440 --> 00:06:17,560 Solana of 19% at 31 and a little bit of a fun and perhaps not so 110 00:06:17,560 --> 00:06:19,320 fun headline. Kevin Rose, everyone's favorite 111 00:06:19,320 --> 00:06:21,880 NMT founder. He's back and he's launching the 112 00:06:21,880 --> 00:06:25,040 paid sub stack tied to tech, health and Wellness. 113 00:06:25,800 --> 00:06:27,520 So so check that out if you're interested. 114 00:06:27,520 --> 00:06:30,280 There's a lot to unpack from that list there bro. 115 00:06:31,240 --> 00:06:33,400 Yeah, there's a lot to unpack over here. 116 00:06:33,800 --> 00:06:37,120 I mean, we'll keep the market stuff with for when, you know, 117 00:06:37,400 --> 00:06:40,480 Mando talk come so you guys can go back and forth about it. 118 00:06:40,480 --> 00:06:42,720 But where do you want to start? I mean, there's some pretty big 119 00:06:42,720 --> 00:06:44,280 news. I mean, we all wanted a Madamass 120 00:06:44,280 --> 00:06:46,760 token. All you got now is a debit card 121 00:06:46,760 --> 00:06:48,200 so you can spend all your crypto. 122 00:06:48,480 --> 00:06:51,280 So tell me. Yeah. 123 00:06:51,640 --> 00:06:55,560 I mean, this is yeah, we're, we're not getting the token, but 124 00:06:55,560 --> 00:06:58,080 we're getting the debit card. I'll. 125 00:06:58,600 --> 00:07:01,400 Take that, I guess for, for mass for when it comes to like to 126 00:07:01,400 --> 00:07:03,360 show that money, but crypto can be money and whatnot. 127 00:07:03,360 --> 00:07:04,880 But tell me more about this partnership. 128 00:07:05,680 --> 00:07:07,680 Yes, they just launched it here this morning. 129 00:07:07,680 --> 00:07:11,600 The news is about an hour old. It is their first MasterCard 130 00:07:11,800 --> 00:07:15,080 debit card. I believe it is branded as the 131 00:07:15,080 --> 00:07:18,240 Metamask card. They they have built it and are 132 00:07:18,240 --> 00:07:22,040 launching it in partnership with MasterCard and the Box Group. 133 00:07:22,040 --> 00:07:25,160 It's going to run on Linea the the Linea. 134 00:07:25,520 --> 00:07:26,920 Network. Oh yeah, 'cause they it's a 135 00:07:26,960 --> 00:07:30,040 consensus, consensus software, right? 136 00:07:30,800 --> 00:07:32,720 Yeah, exactly. And they're going to make 137 00:07:32,720 --> 00:07:35,520 purchases directly from your Metamask wallet. 138 00:07:35,640 --> 00:07:40,040 Available crypto will be instantly converted to Fiat at 139 00:07:40,040 --> 00:07:43,280 the point of exchange. Says you can use it every day 140 00:07:43,600 --> 00:07:48,080 like you can via Apple Pay and Google Wallet is leveraging the 141 00:07:48,080 --> 00:07:52,080 MasterCard network. The pilot is launching in the EU 142 00:07:52,080 --> 00:07:56,720 and the UK, so Americans won't have access to it just yet. 143 00:07:56,720 --> 00:07:59,560 And it looks like you'll need to go to that Metamask portfolio 144 00:07:59,560 --> 00:08:04,360 tab from your Metamask wallet to see if you are eligible to get 145 00:08:04,400 --> 00:08:07,920 this this card. But I think it's a really big 146 00:08:07,920 --> 00:08:08,880 deal. We talked I talked about this a 147 00:08:08,880 --> 00:08:12,840 little bit on on the show. I think one of the, the end use 148 00:08:12,840 --> 00:08:16,520 cases for, for crypto in narratives is that you never 149 00:08:16,520 --> 00:08:18,560 have to convert crypto to Fiat again. 150 00:08:19,280 --> 00:08:23,600 And it, it's been impossible to really do that up until now. 151 00:08:23,600 --> 00:08:25,760 And I think now we are finally getting some of the building 152 00:08:25,760 --> 00:08:28,000 blocks to actually make that a reality. 153 00:08:28,000 --> 00:08:30,520 Like you could become, we're getting closer to actually 154 00:08:30,520 --> 00:08:35,720 becoming bank less, you know, to, to, to use the term and you 155 00:08:35,720 --> 00:08:38,600 have this product, if you can actually do this, since it's 156 00:08:38,600 --> 00:08:42,760 accepted at, you know, your grocery store everywhere you 157 00:08:42,760 --> 00:08:47,000 shop. I mean, you really don't have to 158 00:08:47,000 --> 00:08:50,400 convert your crypto to Fiat on a monthly basis. 159 00:08:50,400 --> 00:08:53,400 Like we, we still need bigger unlocks like cars, houses and 160 00:08:53,400 --> 00:08:55,160 all that, but man, we're, we're getting closer. 161 00:08:56,040 --> 00:08:56,960 Yeah. I mean, I like this. 162 00:08:57,000 --> 00:08:59,920 I think it's a very big update. It just goes further to prove 163 00:08:59,920 --> 00:09:01,600 that, you know, crypto can be used. 164 00:09:01,800 --> 00:09:04,000 Just use cases for for for that as well. 165 00:09:04,760 --> 00:09:06,080 And you don't have to buy gift cards. 166 00:09:06,680 --> 00:09:09,680 It's the in crypto now you can just get a meta mask debit card 167 00:09:09,960 --> 00:09:12,920 and spend that money, which makes it easier in Europe for a 168 00:09:12,920 --> 00:09:14,920 moment, there was like a revolute cards and stuff like 169 00:09:14,920 --> 00:09:17,160 that that they had. So they that's some stuff. 170 00:09:17,160 --> 00:09:20,880 But I think that having a meta mask debit card and in 171 00:09:20,880 --> 00:09:24,920 partnership with MasterCard is very smart and and probably 172 00:09:24,920 --> 00:09:27,720 going to be very useful. Hopefully, hopefully the next 173 00:09:27,720 --> 00:09:30,960 thing is this card gets you points points. 174 00:09:31,400 --> 00:09:32,760 I have I have a bunch of these sort of cards. 175 00:09:33,080 --> 00:09:35,680 You, you, yeah, you guys in Europe are ahead on that, right? 176 00:09:36,520 --> 00:09:39,240 Yeah. So banks is also and MasterCard 177 00:09:39,240 --> 00:09:40,640 are the company that do it with Ledger as well. 178 00:09:40,640 --> 00:09:42,240 So Ledger have a card as. Well. 179 00:09:43,600 --> 00:09:46,200 I don't think over here, man, Not in this, not in this. 180 00:09:46,200 --> 00:09:48,080 No, I think it's a European based card. 181 00:09:48,280 --> 00:09:53,200 But yeah, you it's, it's basically exactly the same 182 00:09:53,200 --> 00:09:55,320 setup. Like you log in Ledger live and 183 00:09:55,320 --> 00:09:56,480 then you have your card and you can. 184 00:09:56,480 --> 00:09:59,440 Pay that way. Crypto.com are probably one of 185 00:09:59,440 --> 00:10:01,440 the biggest card providers out there. 186 00:10:03,720 --> 00:10:07,080 Like they have a special way of doing it. 187 00:10:07,080 --> 00:10:10,640 We have to stake their crow CRO token. 188 00:10:11,280 --> 00:10:13,600 If you take a certain amount, you get different like levels of 189 00:10:13,600 --> 00:10:16,120 the card. I think globallycrypto.com is 190 00:10:16,120 --> 00:10:21,040 probably amongst the biggest. In the past I think Binance 191 00:10:21,040 --> 00:10:23,240 explored a card in certain regions, but I don't know if 192 00:10:23,240 --> 00:10:27,120 they're still doing that. And then Nexo which is that 193 00:10:28,520 --> 00:10:34,400 Bulgarian always funded 1 that that one has quite a popular 194 00:10:34,400 --> 00:10:36,560 card program, so. Interesting. 195 00:10:36,720 --> 00:10:39,920 For the Ledger card, like do you have to do anything on your 196 00:10:39,920 --> 00:10:42,760 Ledger to to approve transactions or it just works 197 00:10:42,760 --> 00:10:44,360 like a normal debit card you just run it and. 198 00:10:45,280 --> 00:10:51,200 The treasury system is accessed through Ledger Live, so you have 199 00:10:51,200 --> 00:10:56,960 to you send it to a an address and it then manage like which 200 00:10:56,960 --> 00:10:59,400 fiats you want to have on the Ledger Live app. 201 00:10:59,840 --> 00:11:03,120 It's like an API plug in I think to the bank's system. 202 00:11:03,120 --> 00:11:06,200 This bank system which is clear now doing the Mathmos 1I imagine 203 00:11:06,200 --> 00:11:09,600 it'll be similar here. Got it. 204 00:11:10,800 --> 00:11:14,360 Yeah, it's good. I started to as well, Yeah. 205 00:11:16,680 --> 00:11:19,400 Yeah, I mean, it's good, but to be honest, like it's kind of 206 00:11:19,400 --> 00:11:22,760 similar to a normal credit card. Like whenever I pay with any of 207 00:11:22,760 --> 00:11:27,640 these, I have to go through and do an approval either through 208 00:11:27,640 --> 00:11:32,240 the app or for like any, any online purchases, for example, 209 00:11:32,240 --> 00:11:35,240 like if I'm just buying coffee, like it's fine, contact list, 210 00:11:35,240 --> 00:11:39,960 that sort of stuff. But yeah, for for for online 211 00:11:39,960 --> 00:11:43,280 payments they do you have to do some sort of extra approval 212 00:11:43,280 --> 00:11:48,320 normally. Yeah, it's there's a bunch of 213 00:11:48,320 --> 00:11:49,560 cards, right? Like even in the comments right 214 00:11:49,560 --> 00:11:52,640 now we have easy saying that there was a finance card. 215 00:11:52,680 --> 00:11:55,840 Logan, you saying that he has his Gemini card by the mail? 216 00:11:56,800 --> 00:11:58,960 Revolut was good but they had high fees. 217 00:11:59,440 --> 00:12:01,240 Yeah. Yeah, they, they, I know this 218 00:12:01,240 --> 00:12:03,600 one was a but Revolut's been around for way long. 219 00:12:03,640 --> 00:12:06,000 Like I've known, but Revolut's like 10 years. 220 00:12:06,000 --> 00:12:10,320 Revolut's not Revolut's A was a card like an online bank which 221 00:12:10,320 --> 00:12:14,040 then was made into crypto. But there are like specific 222 00:12:14,040 --> 00:12:16,120 crypto cards. Yeah, they've been around. 223 00:12:16,360 --> 00:12:21,920 I use Nexo a lot, yeah, But, you know, I don't have a ton of 224 00:12:21,920 --> 00:12:23,720 money ever on Nexo just because, Yeah. 225 00:12:26,400 --> 00:12:28,480 Keep your by. The Bulgarian mafia so. 226 00:12:30,480 --> 00:12:34,080 Well, if, if Mando did not kill himself, everyone Mando did not 227 00:12:34,400 --> 00:12:37,760 kill himself. Anyway, we're going to get to 228 00:12:37,760 --> 00:12:39,440 the market in a in a minute, Mando. 229 00:12:39,440 --> 00:12:41,400 But we started going to Tyler's top 100. 230 00:12:41,400 --> 00:12:45,240 Tyler, what else you got for us? I mean, the CBBTC thing seemed 231 00:12:45,240 --> 00:12:47,200 to be the biggest and most important news yesterday when it 232 00:12:47,200 --> 00:12:49,920 comes to global crypto. So by now I assume that you are 233 00:12:49,920 --> 00:12:53,240 an expert in CBBTC and you can explain to us exactly what it's 234 00:12:53,240 --> 00:12:55,800 all about. Of course, so wrapped Bitcoin 235 00:12:55,800 --> 00:12:59,560 was in the headlines across the crypto Twitter last week. 236 00:12:59,560 --> 00:13:01,600 It's on the go. So Bitco is moving. 237 00:13:01,600 --> 00:13:05,440 It's wrapped Bitcoin business from the US to a global multi 238 00:13:05,440 --> 00:13:08,240 sig and involves Justin Sun from Tron. 239 00:13:08,480 --> 00:13:11,040 It's LED to some concerns in the market and there's been a lot of 240 00:13:11,040 --> 00:13:14,000 thuds, some red flags raised. It looks like Coinbase is ready 241 00:13:14,000 --> 00:13:17,720 to step in and capitalize. So last night the Coinbase X 242 00:13:17,720 --> 00:13:21,880 account made a very simple post 5 letters CBBT. 243 00:13:23,280 --> 00:13:25,360 They went on to follow that it's coming soon. 244 00:13:25,360 --> 00:13:28,040 But those five letters were not to start a firestorm. 245 00:13:28,120 --> 00:13:30,760 Speculation across crypto Twitter, with many jumping to 246 00:13:30,760 --> 00:13:33,280 the conclusion that Coinbase indeed will be launching a 247 00:13:33,360 --> 00:13:36,600 wrapped Bitcoin alternative of their own. 248 00:13:36,600 --> 00:13:39,600 That speculation was basically confirmed just an hour later. 249 00:13:39,600 --> 00:13:44,400 Basically Jesse Pollack stated the team massive plan to build a 250 00:13:44,400 --> 00:13:49,840 Bitcoin economy on base. So it does look like the CBBTC 251 00:13:49,840 --> 00:13:54,600 this wrapped Bitcoin alternative is coming to in the near future. 252 00:13:55,000 --> 00:13:58,480 As I looked into to this a bit, I think so for starters, like 253 00:13:58,480 --> 00:14:01,800 why this would matter. I think the go upping a crypto 254 00:14:01,800 --> 00:14:07,880 asset and bring it to a. Oh, I lost him. 255 00:14:08,640 --> 00:14:11,240 There's the Wi-Fi. I think it's becoming a meme. 256 00:14:12,840 --> 00:14:14,600 It's only when he talks as well, which is quite funny. 257 00:14:14,600 --> 00:14:16,920 It's. Only when he talks like it is 258 00:14:16,920 --> 00:14:19,040 actually you're right. It's only when he talks he 259 00:14:19,040 --> 00:14:21,640 doesn't lag when like. Yeah, I don't. 260 00:14:22,160 --> 00:14:24,720 Know and he completely, I mean what do you know about CBBTC? 261 00:14:27,040 --> 00:14:28,560 The Coinbase thing. Yeah. 262 00:14:29,080 --> 00:14:31,680 No, it's a money making scheme. Like they obviously made a lot 263 00:14:31,680 --> 00:14:34,080 of money with Circle. The idea that they would then 264 00:14:34,480 --> 00:14:38,360 start wrapping Bitcoin. I mean, smart, right? 265 00:14:38,360 --> 00:14:41,880 Because like the new Bitco thing was going to have would you 266 00:14:41,880 --> 00:14:44,760 rather have Bitcoin in custody of Justin Starter? 267 00:14:44,760 --> 00:14:50,000 Bitcoin in custody of Coinbase? Well, bitco is Bitco is one of 268 00:14:50,120 --> 00:14:52,880 the most well known custodians. I know they are, but still like 269 00:14:52,880 --> 00:14:54,560 they're they're they're, they're working with Justin. 270 00:14:55,320 --> 00:14:58,240 They really dropped the ball by deciding to do it alongside 271 00:14:58,240 --> 00:15:00,440 Justin's son. What a massive fumble, right? 272 00:15:00,440 --> 00:15:02,320 Like they potentially just fucked themselves. 273 00:15:02,400 --> 00:15:04,520 Like this is a multi billion dollar company that could 274 00:15:04,520 --> 00:15:08,400 potentially like really have like it could be either just a 275 00:15:08,400 --> 00:15:10,040 slight misstep or a massive fumble. 276 00:15:10,200 --> 00:15:12,280 But Coinbase was quick to retaliate here. 277 00:15:13,600 --> 00:15:18,080 Tyler, we got you back. You cut, but you're back. 278 00:15:18,880 --> 00:15:20,760 So. Yeah, I I wasn't even saying any 279 00:15:20,760 --> 00:15:23,080 P words. So that that was a brutal so 280 00:15:24,600 --> 00:15:30,880 9.24 billion in Ratch Bitcoin liquidity right now and then the 281 00:15:30,880 --> 00:15:34,000 Arkham posted that Coinbase holds 52 billion of Bitcoin. 282 00:15:34,000 --> 00:15:37,240 That makes sense. Question how much is going to to 283 00:15:37,240 --> 00:15:42,600 come over? And I saw folks kind of talking 284 00:15:42,600 --> 00:15:48,560 about how D5 summer 2020 that wrapped Bitcoin was a big driver 285 00:15:48,680 --> 00:15:50,000 of that. I got that was a little bit 286 00:15:50,000 --> 00:15:55,960 before my time, but you know, that certainly makes sense. 287 00:15:56,360 --> 00:15:59,880 And I mean it, it's a massive potential unlock. 288 00:15:59,880 --> 00:16:03,080 I think the question is how much are people actually going going 289 00:16:03,080 --> 00:16:06,760 to move? But if your base, it totally 290 00:16:06,760 --> 00:16:11,120 makes sense to to go after this. Yeah, no, that makes it. 291 00:16:11,240 --> 00:16:13,080 I mean, look at how much Bitcoin they hold, right? 292 00:16:14,080 --> 00:16:16,120 And you'd figure that most people rather have Coinbase 293 00:16:16,440 --> 00:16:18,880 custody. I mean, 11 ETF issuers 294 00:16:18,880 --> 00:16:22,040 definitely prefer Coinbase right over over most. 295 00:16:22,040 --> 00:16:25,640 So it, it makes sense. It makes perfect sense for that. 296 00:16:25,640 --> 00:16:28,880 Some timeline. I mean, timeline seems to have 297 00:16:28,880 --> 00:16:34,560 taken this, you know, in a very, very bullish way. 298 00:16:35,200 --> 00:16:37,880 Does that mean anything more for Bitcoin or is it just like it'll 299 00:16:37,880 --> 00:16:39,160 allow? Because I saw, for example, 300 00:16:39,160 --> 00:16:41,520 people like UDI saying that Bitcoin season 2 is on, you 301 00:16:41,640 --> 00:16:44,680 know, that it's very bullish for Bitcoin defy some of the people 302 00:16:44,680 --> 00:16:48,480 saying that it could be bearish for for Bitcoin now twos that 303 00:16:48,480 --> 00:16:50,520 were about to be built, etcetera. 304 00:16:50,520 --> 00:16:52,200 Like is there do you guys have any thoughts on that? 305 00:16:52,200 --> 00:16:55,960 Like was there any I can bring up the tweet now that you sent 306 00:16:55,960 --> 00:16:58,840 me Tyler, but you guys have any more thoughts on that maybe put 307 00:16:58,920 --> 00:16:59,760 on? That Bitcoin. 308 00:17:00,000 --> 00:17:01,600 Yeah, like does it? How does it? 309 00:17:01,600 --> 00:17:04,440 How? That Bitcoin is one of the main 310 00:17:04,839 --> 00:17:08,440 Bitcoin defy as a thing has been something that people have been 311 00:17:08,440 --> 00:17:09,920 trying to solve. Yeah, exactly. 312 00:17:09,920 --> 00:17:11,640 Many years, many, many, many years. 313 00:17:11,960 --> 00:17:15,560 It's one of the grails of crypto still to kind of solve. 314 00:17:15,960 --> 00:17:20,480 The only way of doing it at the moment is wrapping it having it 315 00:17:20,480 --> 00:17:26,079 in some sort of storage or some sort of custodian and then then 316 00:17:26,079 --> 00:17:33,320 issuing like a wrapped wrapped Bitcoin on on the ETH on the 317 00:17:33,320 --> 00:17:35,400 ethernetwork. Now, if there's a way to 318 00:17:35,400 --> 00:17:40,880 natively do it and natively do some of that D fi I think that 319 00:17:40,880 --> 00:17:44,960 the closest right now is what rune is doing the rune ecosystem 320 00:17:44,960 --> 00:17:47,960 Thorchain. I think they now have a lending 321 00:17:47,960 --> 00:17:55,280 protocol where you can natively borrow against Bitcoin. 322 00:17:56,000 --> 00:17:58,240 Some bitcoiners don't want to touch their Bitcoin, but yeah. 323 00:17:58,240 --> 00:18:00,440 This has been something that like all the Bitcoin L twos are 324 00:18:00,440 --> 00:18:04,160 trying to tap into because obviously rap bitcoins only 325 00:18:04,160 --> 00:18:06,360 about 10 billion. It's not that big. 326 00:18:08,120 --> 00:18:11,920 So that's how much is being used for Bitcoin Defy essentially. 327 00:18:12,200 --> 00:18:15,320 I don't know what store chains TVL is, but I don't think it's 328 00:18:15,760 --> 00:18:17,240 it's not it's not in like the 10s of billions. 329 00:18:17,240 --> 00:18:18,840 It's I think it's less than five. 330 00:18:19,600 --> 00:18:24,320 So a very small fraction of the $1 trillion asset that is 331 00:18:24,320 --> 00:18:32,320 Bitcoin is being used for defy. There's some some like dye uses 332 00:18:32,320 --> 00:18:36,520 wrap Bitcoin and I think on Solana, like even GLPS is, but 333 00:18:36,520 --> 00:18:41,040 it's it's small if in comparison to how big the asset is compared 334 00:18:41,040 --> 00:18:43,400 to ETH, compared to Seoul, compared to everything else, 335 00:18:43,400 --> 00:18:44,400 it's a very, very small fraction. 336 00:18:44,400 --> 00:18:48,880 So if you can somehow find a way, Oh yeah, Liquidium is is is 337 00:18:48,880 --> 00:18:50,480 is something someone's that's trying to do this too. 338 00:18:50,480 --> 00:18:53,800 So this is like the grails kind of get Bitcoin defy going get 339 00:18:53,800 --> 00:18:58,400 people using it XYZ. So DC investor you like DC 340 00:18:58,560 --> 00:19:00,760 managed to turn this into a theorem bullpost. 341 00:19:01,320 --> 00:19:05,240 So. I'll take the opposite side. 342 00:19:05,920 --> 00:19:07,200 What do you think? Tyler here. 343 00:19:07,600 --> 00:19:09,520 Why don't you read this tweet out for people that are 344 00:19:09,520 --> 00:19:11,400 listening live and tell us your thoughts on this one. 345 00:19:11,960 --> 00:19:16,680 Yeah, DC unashamed ETH, Maxi says with Smart Wallet and 346 00:19:16,680 --> 00:19:19,920 CBBTC, Coinbase could turn every one of its Bitcoin holders into 347 00:19:19,920 --> 00:19:23,040 a base slash Ethereum user. And they will. 348 00:19:23,640 --> 00:19:25,800 And will they stop at earning yield on their Bitcoin and 349 00:19:25,800 --> 00:19:27,600 borrowing against it? Many won't. 350 00:19:27,680 --> 00:19:29,920 Another reason why Ethereum remains drastically, 351 00:19:29,920 --> 00:19:31,840 dramatically underestimated and undervalued. 352 00:19:33,360 --> 00:19:35,640 I get this is the the bull case, right? 353 00:19:36,600 --> 00:19:39,360 I think it's still very niche products. 354 00:19:39,400 --> 00:19:42,040 I think we we've got a lot of evidence that Bitcoin holders 355 00:19:42,480 --> 00:19:46,880 like Bitcoin. I could see them using D5 356 00:19:46,880 --> 00:19:51,360 perhaps in the Bitcoin economy, you know, if and when that is 357 00:19:51,360 --> 00:19:54,840 ready and more user friendly. You don't know that we're going 358 00:19:54,840 --> 00:19:58,360 to see a whole lot of converts, right, really going deep into 359 00:19:59,040 --> 00:20:06,080 into D5 and base D5 because of this product like what has been 360 00:20:06,080 --> 00:20:08,000 stopping them from doing it so far right. 361 00:20:08,080 --> 00:20:09,520 You could do it with. Nothing. 362 00:20:09,880 --> 00:20:12,360 Absolutely nothing doing it right. 363 00:20:12,360 --> 00:20:14,160 It's available. It's easy to access. 364 00:20:14,600 --> 00:20:18,720 Anyone can anyone can partake pretty much in in in defy at 365 00:20:18,720 --> 00:20:21,840 this stage right. It's not it's not really it's 366 00:20:21,840 --> 00:20:24,760 not really that that tough I mean Mando, do you have any 367 00:20:24,760 --> 00:20:26,360 thoughts on this one? Yeah, exactly. 368 00:20:26,360 --> 00:20:29,720 Liquidium is doing this native on Bitcoin L1 yeah, leisure. 369 00:20:30,040 --> 00:20:31,720 I figured it. Out from what I said before, no 370 00:20:31,800 --> 00:20:32,160 not. Really. 371 00:20:32,160 --> 00:20:33,400 No. Like really like big. 372 00:20:33,440 --> 00:20:37,360 Opportunity. Don't go crazy about it like the 373 00:20:37,360 --> 00:20:40,400 one of the reasons why Bitcoin. Can you let us find bullish 374 00:20:40,400 --> 00:20:42,520 narratives people? Don't like touching their 375 00:20:42,520 --> 00:20:43,720 Bitcoin? That's kind of like one of the 376 00:20:43,720 --> 00:20:46,240 things around between Defy. It's the same reason why less 377 00:20:46,240 --> 00:20:48,240 than we learned with ordinals in rooms, right? 378 00:20:48,240 --> 00:20:50,400 Yeah, it's like. I was going to say. 379 00:20:50,920 --> 00:20:53,520 Anything with it? I was going to say you guys can 380 00:20:53,520 --> 00:20:55,600 stop this because you're fighting my rooms that are 381 00:20:55,600 --> 00:20:58,080 already at 0 So if you guys could just kindly. 382 00:20:58,440 --> 00:21:00,200 It back, I hate to break it to you. 383 00:21:00,960 --> 00:21:02,520 Runes are back. Well, why don't I give it to you 384 00:21:02,520 --> 00:21:05,760 and tell me how back they are? Go pull up the magic in the 385 00:21:05,760 --> 00:21:06,760 runes board. I almost don't. 386 00:21:06,760 --> 00:21:08,280 I don't. I don't want to jinx it, so I 387 00:21:08,520 --> 00:21:09,840 don't want. To you know what's funny? 388 00:21:09,840 --> 00:21:11,360 I haven't looked yet. I'm not looking. 389 00:21:11,360 --> 00:21:14,760 I open the screen. I bet you that no matter if 390 00:21:14,760 --> 00:21:16,720 every room is back, Pups is down. 391 00:21:17,280 --> 00:21:21,200 Let's see. Even PUPS is green that that's 392 00:21:21,240 --> 00:21:24,440 how you know. Oh my God, it's good 1%. 393 00:21:25,520 --> 00:21:28,760 Pups is up to 10 million after being down from 900 million. 394 00:21:28,760 --> 00:21:31,320 Let's go. Let's. 395 00:21:32,080 --> 00:21:35,040 Go the the comeback yeah so the monthly numbers are still red 396 00:21:35,040 --> 00:21:39,000 for a lot of these so I don't want to get up on my skis but if 397 00:21:39,000 --> 00:21:43,800 you saw how low some of these some of these went so low on the 398 00:21:43,800 --> 00:21:46,600 on the the yen carry trade crash day you're. 399 00:21:47,200 --> 00:21:49,200 Right. Like so low that I, I just 400 00:21:49,200 --> 00:21:51,080 wanted to like almost like cry, wait. 401 00:21:51,760 --> 00:21:54,000 Hold on, don't, don't cry, Tyler. 402 00:21:54,680 --> 00:21:58,000 Of course, I'm not going to, but like RSVC, what was it hit like 403 00:21:58,000 --> 00:22:03,720 30, hit like 30 million I think. RSIC team is good at like I have 404 00:22:03,720 --> 00:22:06,120 to say they're good at like pumping bags. 405 00:22:06,920 --> 00:22:09,520 They're pumping them, Yeah, they're going to have to deliver 406 00:22:09,520 --> 00:22:12,600 it at at some point, but it's back over 100 million. 407 00:22:13,320 --> 00:22:15,840 Yeah, I mean, Leon, Leon diaper here saying very good risk 408 00:22:15,840 --> 00:22:17,040 reward on those bad boys. You're right. 409 00:22:17,040 --> 00:22:19,040 I mean, when Bitcoin turbo crashes, there has been some 410 00:22:19,040 --> 00:22:20,960 very good returns on wounds if you caught the bottom. 411 00:22:20,960 --> 00:22:22,760 But again, you have to catch that, right? 412 00:22:23,080 --> 00:22:25,520 Wasn't there one of them that was listed on the exchange 413 00:22:25,520 --> 00:22:27,880 yesterday, that billion dollar cat one? 414 00:22:28,240 --> 00:22:32,480 I saw that on my timeline. Oh did a good list I I may have 415 00:22:32,480 --> 00:22:35,040 missed that. I I don't have any of it, but 416 00:22:35,040 --> 00:22:37,040 obviously that's the room that I see a lot there. 417 00:22:37,040 --> 00:22:40,480 Yeah, I got Mexi which is not crazy but still like it got 418 00:22:40,480 --> 00:22:44,120 listed on on a on an exchange. They've got a cult falling, I'll 419 00:22:44,120 --> 00:22:45,840 give them that credit. They were all over Bitcoin 420 00:22:45,840 --> 00:22:47,400 Nashville. Those glasses were everywhere. 421 00:22:48,480 --> 00:22:51,760 What I will say my bear case for Billion Dollar Cat is like their 422 00:22:51,760 --> 00:22:54,640 nickname is Billy and the my bear case was that the salon 423 00:22:54,640 --> 00:22:57,560 ability was better, but now the Solana Billy is like kind of 424 00:22:57,560 --> 00:22:59,840 falling off and people don't care about it anymore. 425 00:23:00,520 --> 00:23:03,520 So that actually might have invalidated my. 426 00:23:04,920 --> 00:23:07,600 I like I just want to preface this by saying that I actually 427 00:23:07,600 --> 00:23:12,560 really like the Solana Billy, but every coin like there's 428 00:23:12,560 --> 00:23:16,960 cursed names in the space and Billy to a Billy is cursed. 429 00:23:18,120 --> 00:23:20,280 Yeah, it's one of those sayings that it's cursed. 430 00:23:20,280 --> 00:23:23,520 We saw that one that flywheel fund launched that scam, you 431 00:23:23,520 --> 00:23:26,080 know, doing turbo and Pepe. Remember Billy Like the goat 432 00:23:26,080 --> 00:23:28,240 and. The end of I actually left the 433 00:23:28,240 --> 00:23:30,200 flywheel group. I was in that group up until 434 00:23:30,200 --> 00:23:30,520 that time. I. 435 00:23:30,720 --> 00:23:33,240 Left it brother. That was like that was nice pump 436 00:23:33,240 --> 00:23:35,880 and dump right? The amount of people I know got 437 00:23:35,880 --> 00:23:39,440 dumped on on that one is wild. But you know, usually when you 438 00:23:39,440 --> 00:23:43,440 call your coin, but I do again, I'm saying I like Billy the, the 439 00:23:43,560 --> 00:23:45,240 the dog. I like him and actually bounced 440 00:23:45,240 --> 00:23:48,000 pretty well from the lows up 3431% in 24 hours. 441 00:23:48,760 --> 00:23:53,800 So, so it's got, it's got it, it's got some good cobalt over 442 00:23:53,800 --> 00:23:55,160 there. Real quick, I I want to come 443 00:23:55,160 --> 00:23:56,920 back just to the D Jens on the CB Bitcoin. 444 00:23:57,280 --> 00:24:02,560 They they launched ACBBTC ticker, a meme coin who I don't 445 00:24:02,560 --> 00:24:05,800 know, but if you go to the baseboard, sorry, this is back 446 00:24:05,800 --> 00:24:11,040 in meme coins now if you go to top volume movers, yeah, I think 447 00:24:11,040 --> 00:24:12,400 it's number one there. Oh, wow. 448 00:24:12,720 --> 00:24:17,000 See Bitcoin. I don't know any of this but I 449 00:24:17,000 --> 00:24:19,120 just thought it was funny. It is fun. 450 00:24:19,120 --> 00:24:21,600 I mean, look, it didn't do that bad, right? 451 00:24:21,600 --> 00:24:24,000 It's up. It's only up 2500% in 24 hours, 452 00:24:24,000 --> 00:24:29,680 so it's not bad. But I do like your point about 453 00:24:29,680 --> 00:24:31,520 ruins. And then you talked about NFTS. 454 00:24:31,520 --> 00:24:33,440 You wanna go there before I go into market report? 455 00:24:33,800 --> 00:24:36,400 While we're on base, so this is kind of NTS. 456 00:24:36,400 --> 00:24:38,680 So I posted about this yesterday, folks. 457 00:24:38,880 --> 00:24:43,320 A lot of us minted those base introduced NFTS back in February 458 00:24:43,320 --> 00:24:45,440 of 2023, so about a year and a half ago. 459 00:24:45,440 --> 00:24:48,920 Now the the, the rumor mill at that time, like we hype 460 00:24:48,920 --> 00:24:52,600 ourselves up so much was that this was the de facto Coinbase 461 00:24:52,640 --> 00:24:54,480 base token. They couldn't launch a token. 462 00:24:54,680 --> 00:24:57,040 So they launched this NFT. It's liquid like ones. 463 00:24:57,040 --> 00:25:03,520 There's like 450,000 minted. Anyways, a different group has 464 00:25:03,520 --> 00:25:07,800 now latched on to that NFT and they've launched a based coin 465 00:25:08,240 --> 00:25:10,920 and that they did a phased launch where you could exchange 466 00:25:11,680 --> 00:25:13,920 those base introduced NFTS for the tokens. 467 00:25:13,920 --> 00:25:16,680 In phase one, you can get 500,000 tokens per NFT, then 468 00:25:16,680 --> 00:25:19,200 250,000. Now it's 10 to 25,000. 469 00:25:19,200 --> 00:25:23,200 So it it's a little bit less appetizing, but the, the token 470 00:25:23,200 --> 00:25:27,240 launched yesterday, it ran up to like 10 million at peak and it's 471 00:25:27,240 --> 00:25:30,840 consolidating a bit here. But this impacts a lot of 472 00:25:30,840 --> 00:25:32,640 people. A lot of folks had those, A lot 473 00:25:32,640 --> 00:25:35,880 of folks stacked those. I may have it, I may have some. 474 00:25:35,880 --> 00:25:37,480 How do you? It's in my I guess it would be 475 00:25:37,480 --> 00:25:42,640 my open CE, my base on base. I'd have to check, not too sure, 476 00:25:43,560 --> 00:25:46,360 I may have bought some of that. I swear I mentioned like 300 of 477 00:25:46,360 --> 00:25:50,880 these because I was just the clown who if I fell for this but 478 00:25:50,880 --> 00:25:52,880 I can't find it so I don't know if they're on one of my old 479 00:25:52,880 --> 00:25:55,960 machines or not. That one all size haven't 480 00:25:55,960 --> 00:25:57,720 migrated so I got to try to find these. 481 00:25:58,400 --> 00:26:00,600 Yeah, we'll see. We have. 482 00:26:00,720 --> 00:26:04,840 Of course we got AMF first shell here on on the on the group. 483 00:26:04,920 --> 00:26:07,520 You have leisure. Why don't you like I don't know, 484 00:26:07,520 --> 00:26:09,160 I don't know about base meme coins anymore. 485 00:26:09,160 --> 00:26:11,040 I was I was bullish for a hot 2nd. 486 00:26:13,160 --> 00:26:17,800 I just smaller casino just keeps on dragging everybody into it. 487 00:26:17,800 --> 00:26:21,120 Right. So by the way, before I go to 488 00:26:21,120 --> 00:26:23,960 the market, this pump funk conversation, I thought a lot of 489 00:26:23,960 --> 00:26:26,040 people were joking, but people are really pissed, huh? 490 00:26:26,040 --> 00:26:31,200 I yesterday like it got worse after the show. 491 00:26:31,800 --> 00:26:33,480 Like people are really pissed off. 492 00:26:34,160 --> 00:26:35,800 They have like the highest revenue day in a while. 493 00:26:36,000 --> 00:26:38,520 I think people are starting to discover that people have been 494 00:26:38,520 --> 00:26:42,680 making money. Photon has made hundreds of 495 00:26:42,680 --> 00:26:44,120 1,000,000, yeah. No kidding. 496 00:26:44,280 --> 00:26:46,800 Relax is making money quite a lot of money at the moment. 497 00:26:46,800 --> 00:26:48,960 You've had Banana Bot make money, Unibot make money. 498 00:26:48,960 --> 00:26:50,160 They're all. Bonk they've. 499 00:26:50,160 --> 00:26:52,400 All made over $50 million basically. 500 00:26:53,040 --> 00:26:55,680 And I think so the top ones like Photon Bonk Bot, they've made 501 00:26:55,680 --> 00:26:59,480 hundreds of millions and people like hold on like well. 502 00:26:59,480 --> 00:27:02,280 I'm not making money. But The thing is like it's. 503 00:27:03,760 --> 00:27:06,360 The best response to that was yeah, if you look at how much 504 00:27:06,360 --> 00:27:09,360 Binance makes I. Was going to say that literally 505 00:27:09,360 --> 00:27:12,040 Oh my God, literally my next thing was going to be Mendo. 506 00:27:12,480 --> 00:27:15,400 Do people want to cancel central exchanges for leverage trading? 507 00:27:16,160 --> 00:27:19,000 Like should we point? Like should we like Like people 508 00:27:19,000 --> 00:27:21,880 are saying that meme coins are dangerous, brother. 509 00:27:22,200 --> 00:27:24,400 Leverage trading is more dangerous than meme coins. 510 00:27:24,960 --> 00:27:28,400 Like, like arguably in my opinion, and they're accessible. 511 00:27:28,520 --> 00:27:30,760 They're both high on the risk scale, but that way. 512 00:27:31,280 --> 00:27:33,840 But I would say that, yeah, I think this is just a 513 00:27:33,840 --> 00:27:35,520 conversation for nobody making money. 514 00:27:36,040 --> 00:27:37,600 Right. Yeah, whenever. 515 00:27:37,640 --> 00:27:38,560 Those. All of those. 516 00:27:38,680 --> 00:27:40,360 Bots. Yeah, Yeah. 517 00:27:40,360 --> 00:27:42,360 All of those bots that were mentioned yesterday as well, but 518 00:27:42,480 --> 00:27:45,480 they they peaked in their revenue a few months ago. 519 00:27:46,960 --> 00:27:49,040 It's only really pumped off on that's built up the revenue. 520 00:27:49,040 --> 00:27:52,240 But this whole model where they're making it free for 521 00:27:52,320 --> 00:27:58,040 creation has really just pumped up their own revenue metrics. 522 00:28:00,480 --> 00:28:04,440 Jeebus posted about this. I think I kind of agree for for 523 00:28:04,440 --> 00:28:06,280 starters, like I, I'm not angry, I'm not fun. 524 00:28:06,280 --> 00:28:07,760 Like again, they're not just a great product. 525 00:28:07,760 --> 00:28:10,480 They deserve the success. Basically saying that them kind 526 00:28:10,480 --> 00:28:14,800 of tweeting about like their success as a platform versus 527 00:28:14,800 --> 00:28:18,560 like highlight success is, is part of what drove all the 528 00:28:18,560 --> 00:28:23,480 pitchforks. Like we may, you know, tacitly 529 00:28:23,800 --> 00:28:25,920 the platforms are making a lot of money on the back of this, 530 00:28:25,920 --> 00:28:28,680 but I think the folks don't want to see it like shoved in their 531 00:28:28,680 --> 00:28:32,520 face, especially when when they're losing. 532 00:28:33,160 --> 00:28:37,000 And I think folks would rather see like, why do you show up to 533 00:28:37,000 --> 00:28:39,360 the casino, right? You want to see the guy who 534 00:28:39,360 --> 00:28:43,880 turns $200.00 into 50,000 or 100,000. 535 00:28:43,880 --> 00:28:46,720 So maybe leaning more into that versus just saying, yeah, we 536 00:28:46,720 --> 00:28:51,120 launched 10,000 tokens and we we made record-breaking revenue. 537 00:28:52,520 --> 00:28:56,280 I understand this point. Yeah, I mean, maybe don't shove 538 00:28:56,280 --> 00:29:02,800 in people's faces, but I, I, I, I don't know, I, I, I just find 539 00:29:02,800 --> 00:29:05,080 it funny that Levis traders that share the reflinks on their 540 00:29:05,080 --> 00:29:08,400 every post are the ones claiming that pump font is bad for the 541 00:29:08,400 --> 00:29:10,200 space. Like dude, you're literally 542 00:29:10,200 --> 00:29:11,520 sharing. Like these are the same people 543 00:29:11,520 --> 00:29:15,240 that are promoting FTX back then getting paid by Sam Backman free 544 00:29:15,240 --> 00:29:17,480 to shell his fucking product or claim. 545 00:29:17,480 --> 00:29:20,320 Everyone wants to go to the casino but nobody wants to to to 546 00:29:20,320 --> 00:29:22,560 pay the fees for it basically. That's what I don't understand, 547 00:29:22,560 --> 00:29:25,560 like let me go cancel the Wynn resort for the fucking money I 548 00:29:25,560 --> 00:29:28,960 lost last time I was in Vegas, dude, Like no, I just won't fly 549 00:29:28,960 --> 00:29:32,200 to Vegas again and be a dumb ass like you know what I mean? 550 00:29:32,200 --> 00:29:35,640 Like it's just like I, I, I don't know, I have a very much 551 00:29:35,640 --> 00:29:39,640 stronger stance on this, I guess because I just find people kind 552 00:29:39,640 --> 00:29:42,400 of, I just find it ironic that. Do you think they'll break this 553 00:29:42,400 --> 00:29:47,120 $5,000,000 record daily? I'm sure I mean. 554 00:29:48,200 --> 00:29:49,680 I don't know and. Bitcoins. 555 00:29:49,680 --> 00:29:52,080 Feels like 8 meme coins to a certain extent, at least in the 556 00:29:52,080 --> 00:29:55,440 short term. I short I don't know, bitcoins 557 00:29:55,440 --> 00:29:58,080 at 100K, what happens to meme coins and what happens to the 558 00:29:58,080 --> 00:30:01,000 casino? Yeah, I agree. 559 00:30:02,080 --> 00:30:03,480 I should. I don't know what about. 560 00:30:03,760 --> 00:30:07,760 I think it's to do with the changes in the incentives have 561 00:30:07,760 --> 00:30:10,760 actually LED them to get more money because more things are 562 00:30:10,760 --> 00:30:15,160 coming closer to radium and therefore they don't really 563 00:30:15,160 --> 00:30:18,400 care. Like pump fun really makes their 564 00:30:18,520 --> 00:30:23,440 their money at the start of of the coin right of the coin 565 00:30:23,440 --> 00:30:25,840 creation. So they don't really care about 566 00:30:25,840 --> 00:30:30,560 the success of the coins. So it's not like, oh, if money 567 00:30:30,560 --> 00:30:34,720 goes up, more coins get created. It's just it's difficult to work 568 00:30:34,720 --> 00:30:37,440 out like this is even this can continue. 569 00:30:38,480 --> 00:30:44,200 Hey, you know, there's I don't know, I just I just saw like 570 00:30:44,200 --> 00:30:46,040 yesterday, like stuff getting more aggressive all the time. 571 00:30:46,040 --> 00:30:48,120 I think some people trying to dox the guy and shit like that. 572 00:30:48,120 --> 00:30:50,680 It's like dude, like I don't know, I don't know. 573 00:30:50,680 --> 00:30:52,880 And like you have all these traders sharing the docks. 574 00:30:52,880 --> 00:30:55,280 I mean, I'm just like, dude, like it's all the big leverage 575 00:30:55,280 --> 00:30:58,680 traders that are like claiming that is bad for the space that 576 00:30:59,160 --> 00:31:02,000 all this like, I don't know, I just I just find it ironic. 577 00:31:03,040 --> 00:31:04,560 I think we should get Alan on the show. 578 00:31:04,600 --> 00:31:06,400 Come fucking ask him what he thinks of all that. 579 00:31:06,720 --> 00:31:08,240 You know, there's definitely some things they could be doing 580 00:31:08,240 --> 00:31:13,720 better, but you know, exchanges also make tons of money and 581 00:31:13,720 --> 00:31:16,520 nobody's complaining about them. So I thought that was a funny 582 00:31:16,520 --> 00:31:17,480 thing. Anyways, Mando. 583 00:31:18,040 --> 00:31:19,640 Well, that's Tyler. You got anything else that you 584 00:31:19,640 --> 00:31:21,840 feel like I didn't touch on from your? 585 00:31:22,440 --> 00:31:24,240 The Giga story was fun. I don't know if we want to. 586 00:31:24,240 --> 00:31:25,680 Let's go. Over that and then we'll go to 587 00:31:25,680 --> 00:31:27,240 the market report. I I shared that as well. 588 00:31:27,240 --> 00:31:30,280 That was hilarious. I didn't see this until I saw 589 00:31:30,280 --> 00:31:33,600 the decrypt article come across right before the show, but 590 00:31:33,600 --> 00:31:35,840 apparently the the giga chat model. 591 00:31:35,840 --> 00:31:36,960 I didn't even know this was a real guy. 592 00:31:36,960 --> 00:31:38,720 I just thought this was like, hey, he's a real guy. 593 00:31:40,120 --> 00:31:43,000 He he came out and endorsed it. He he put it on his Instagram. 594 00:31:43,000 --> 00:31:47,800 He was wearing like a Giga fitness shirt or, or something. 595 00:31:47,800 --> 00:31:50,560 He he posted it. So like, yeah, recently the Mike 596 00:31:50,560 --> 00:31:54,840 Titan, the bodybuilder o'hearn, he endorsed it and now like the 597 00:31:54,840 --> 00:31:58,440 actual Giga Jet model. Oh, he endorsed it on our new 598 00:31:58,440 --> 00:32:03,240 programming. OK, so Ryan Ryan, one of the 599 00:32:03,240 --> 00:32:05,440 Crip writers, Ryan Gladwin, he's great. 600 00:32:05,440 --> 00:32:08,240 He's been doing a new episode, a show called What's the meta once 601 00:32:08,240 --> 00:32:10,520 a week where he has a big like meme coin dev come on. 602 00:32:10,520 --> 00:32:14,760 So he had the mock team Billy and now I think Giga, I guess. 603 00:32:14,760 --> 00:32:19,400 And then person Giga chat himself endorsed and it's up 604 00:32:19,400 --> 00:32:21,160 21%. That's funny. 605 00:32:22,000 --> 00:32:24,200 That's quite a witch. Remember when we first talked 606 00:32:24,200 --> 00:32:26,360 about that Wick? God. 607 00:32:26,360 --> 00:32:29,080 Oh, and then it's filled it. It's doubled since then. 608 00:32:29,640 --> 00:32:30,880 Like it doubled the Wick I think. 609 00:32:31,760 --> 00:32:36,360 Damn. Oh, it did double, but still, 610 00:32:36,360 --> 00:32:37,720 it's significant. Tyler. 611 00:32:38,200 --> 00:32:40,680 Well, look at that dump, guys. Look at this. 612 00:32:41,840 --> 00:32:45,560 Look at this recovery. Dipped by giga dip then giga 613 00:32:45,600 --> 00:32:47,920 rip. If you, if you held that dip, 614 00:32:48,120 --> 00:32:51,840 Odyssey respect, like if you held this dip and it's up, how 615 00:32:51,840 --> 00:32:54,000 much? It's up to 172% from the lowest. 616 00:32:54,000 --> 00:32:57,920 But if you have that nip, I have a lot of respect for you over 617 00:32:57,920 --> 00:33:03,600 here 'cause that look at that. That is such a crazy chart. 618 00:33:03,600 --> 00:33:05,920 How's how's Moon doing? I haven't checked it in a bit. 619 00:33:05,920 --> 00:33:08,440 Hold on, let me check on Moon with the bull because that was 620 00:33:08,440 --> 00:33:11,080 the other one that had a OK. Well, there's still a lot of 621 00:33:11,080 --> 00:33:14,720 work to do here on that on, on that wig. 622 00:33:14,720 --> 00:33:17,600 But anyways, all right, well, that's, that's good on Tyler's 623 00:33:17,600 --> 00:33:18,760 top 100. I love it. 624 00:33:18,760 --> 00:33:20,960 We got a lot of good stuff in store. 625 00:33:21,080 --> 00:33:23,640 Mando, Mando, I know we got CPI this morning. 626 00:33:23,640 --> 00:33:29,000 How are we looking? Who is the main? 627 00:33:29,440 --> 00:33:35,120 Macro daddy of the land. Can you dig it? 628 00:33:37,680 --> 00:33:42,000 Well, I'm surprised because CPI came in slightly less than 629 00:33:42,000 --> 00:33:44,880 expected. We have A2 handle for CPI for 630 00:33:44,880 --> 00:33:51,120 the first time and the market dumped, well, didn't completely 631 00:33:51,120 --> 00:33:53,440 dump, but we had a little mini rally and then soon as stocks 632 00:33:53,440 --> 00:33:56,880 opened structure down. I think probably just a little 633 00:33:56,880 --> 00:34:01,080 bit of caution. Let's say we came in lower than 634 00:34:01,080 --> 00:34:07,080 expected for CPI and PPI. There's been a heightened sense 635 00:34:07,080 --> 00:34:10,920 of recession fears I would say in the US again, these sort of 636 00:34:10,920 --> 00:34:12,520 figures, they aren't falling off a Cliff. 637 00:34:12,880 --> 00:34:17,400 It doesn't this, this more suits to slow down rather than, Oh my, 638 00:34:17,400 --> 00:34:21,120 go ahead and do a recession. So I'm not that worried about 639 00:34:21,120 --> 00:34:23,360 this figure, but it feels like maybe the market is more worried 640 00:34:23,360 --> 00:34:24,480 about it. They had they had a good day 641 00:34:24,480 --> 00:34:27,159 yesterday. It rallied just shy of 3%. 642 00:34:27,159 --> 00:34:30,199 The NASDAQ is down well, half a percent today. 643 00:34:30,199 --> 00:34:33,400 So nothing crazy. But it did feel like at the 644 00:34:33,400 --> 00:34:38,400 moment crypto is following macro rather than rather than being 645 00:34:38,679 --> 00:34:40,600 inversed to it, which it was for a long time. 646 00:34:40,600 --> 00:34:43,760 So crypto is rallying when stocks are rallying and then 647 00:34:43,760 --> 00:34:45,440 crypto sold off when they weren't. 648 00:34:45,440 --> 00:34:50,320 I think we hit a high of 61 around 62 K on Bitcoin. 649 00:34:50,760 --> 00:34:58,320 Solana I think hit 152 area and ETH I think it about 2780. 650 00:34:58,320 --> 00:35:03,760 So is we're down about three or three or 4% since those highs 651 00:35:03,760 --> 00:35:08,920 probably an hour ago. And I don't really know what to 652 00:35:08,920 --> 00:35:10,400 make of this. I've been saying for a while, 653 00:35:10,400 --> 00:35:13,000 look, I think we're going to chop for a bit. 654 00:35:13,320 --> 00:35:18,080 Again, six months to chop baby. I don't think it's, I don't 655 00:35:18,080 --> 00:35:20,000 think it's six months shop, but I do think it's going to be 656 00:35:20,000 --> 00:35:21,320 tough for us to break out before the election. 657 00:35:21,320 --> 00:35:26,360 So be prepared for well, just just just shy of three months, 2 658 00:35:26,360 --> 00:35:29,600 1/2 months of shop, I think we could still have so be very, 659 00:35:29,600 --> 00:35:31,840 very wary of buying into momentum. 660 00:35:31,920 --> 00:35:33,960 You had some people coming out today and being like bitcoins 661 00:35:33,960 --> 00:35:38,400 going to go to, you know, 6066 K all time highs. 662 00:35:39,240 --> 00:35:41,800 I I'm wary of that, even though there were, you know, there's 663 00:35:41,880 --> 00:35:46,920 inflows into stable coins. I think I just think we need a 664 00:35:46,920 --> 00:35:50,720 big spark to kind of take us above that, that sort of level 665 00:35:51,600 --> 00:35:54,840 We kind of spoke about yesterday what have been going on with 666 00:35:54,880 --> 00:35:58,080 with Trump and Harris and that Harris had had hired potentially 667 00:35:58,080 --> 00:36:04,600 less crypto friendly. It looks like it's choppier. 668 00:36:05,040 --> 00:36:07,080 Yeah, higher odds are increasing again. 669 00:36:07,080 --> 00:36:11,960 So people are, I think, getting a little bit more worried about 670 00:36:11,960 --> 00:36:13,240 super. PACs, they're bidding. 671 00:36:13,240 --> 00:36:15,440 They're bidding Kamala. Yeah, exactly. 672 00:36:16,240 --> 00:36:20,880 And but today in terms of we had sold stable coin volumes been 673 00:36:20,880 --> 00:36:22,760 going up. I saw Tyler's post around that 1 674 00:36:22,760 --> 00:36:26,400 billion in the last three weeks. Interesting on the ETFs you have 675 00:36:26,680 --> 00:36:30,560 Goldman Sachs coming out and saying they own 418 million of 676 00:36:30,560 --> 00:36:34,400 the Bitcoin ETF, which again just ingrains and more and more 677 00:36:34,400 --> 00:36:37,080 into into crypto. I know Goldman have have a 678 00:36:37,080 --> 00:36:41,320 crypto desk for example, there was a record for Ethel two. 679 00:36:41,320 --> 00:36:45,560 So if you're if you're bullish on the modular narrative, then 680 00:36:45,600 --> 00:36:47,360 then that that's bullish for sure. 681 00:36:47,520 --> 00:36:50,920 Although it did look like jump is continuing to sell their 682 00:36:50,920 --> 00:36:55,080 crypto holdings. And it also looks like big the 683 00:36:55,440 --> 00:36:59,560 Mount Gox, the final kind of 2 billion ish odd is going to be 684 00:36:59,560 --> 00:37:05,160 sent to bit Bitco or one of one of the major custodians. 685 00:37:05,600 --> 00:37:08,240 So that's so that's going to be distributed I think relatively 686 00:37:08,240 --> 00:37:11,320 soon for macro. Honestly, it was just around 687 00:37:11,320 --> 00:37:15,720 this figure today. It's it's kind of a good, a good 688 00:37:15,720 --> 00:37:18,280 figure, but markets aren't taking it that well. 689 00:37:18,280 --> 00:37:20,080 And I think we'll probably just chop around for the rest of the 690 00:37:20,080 --> 00:37:24,120 day if you're most. Yeah, I mean, this I thought it 691 00:37:24,120 --> 00:37:26,520 was cool news, by the way, that the Goldman Sachs, you know, 692 00:37:26,600 --> 00:37:30,280 reporting $400 million of of Bitcoin held as well. 693 00:37:30,280 --> 00:37:32,560 So they join, you know, the skew of banks that, you know, you 694 00:37:32,560 --> 00:37:36,160 have Goldman, Morgan Stanley, Wells Fargo, you know, it's 695 00:37:36,160 --> 00:37:39,000 looking pretty good. I also really liked what was it 696 00:37:39,000 --> 00:37:42,680 this tweet yesterday, Hondo Horsley saying that, you know, 697 00:37:42,680 --> 00:37:46,600 again, like a major bank also trusted them for for the Bitcoin 698 00:37:46,600 --> 00:37:48,800 Etherium ETFs. So that was some good stuff. 699 00:37:48,800 --> 00:37:51,520 So on that front, like nothing's changed, right, like the the 700 00:37:51,560 --> 00:37:53,920 ETFs are still slurping Bitcoin and Ethereum. 701 00:37:54,400 --> 00:37:56,760 The markets are here. A well known bank with one 702 00:37:56,760 --> 00:38:00,000 trillion client assets has just approved the Bitwise crypto 703 00:38:00,000 --> 00:38:03,560 industry innovators ETFBITQ for solicited access for across 704 00:38:03,560 --> 00:38:05,960 wealth management throughout the supports these advisors. 705 00:38:05,960 --> 00:38:09,920 So it's like, you know, but the stuff's not wait, stopping. 706 00:38:09,920 --> 00:38:11,400 You know what it is? We need people. 707 00:38:11,520 --> 00:38:14,040 To you know, all this stuff will happen. 708 00:38:14,080 --> 00:38:16,200 It's all it's all positive. People are still on vacation, 709 00:38:16,200 --> 00:38:18,560 right, Mando, like once their kids go back to school and the 710 00:38:18,560 --> 00:38:20,680 man first go back to work and want to, you know, see what 711 00:38:20,680 --> 00:38:22,560 they're doing with their pension funds and like, you know, the 712 00:38:22,560 --> 00:38:24,160 retirement savings accounts and everything. 713 00:38:24,160 --> 00:38:26,680 It looks like we're going to have, you know, more time. 714 00:38:26,680 --> 00:38:28,320 It's just like end of summer type thing. 715 00:38:28,320 --> 00:38:30,360 You know. I can't believe I quit a keyword 716 00:38:30,360 --> 00:38:31,680 monkey yesterday, but I'll quote him again. 717 00:38:31,680 --> 00:38:32,680 You know, he said just summer chop. 718 00:38:32,680 --> 00:38:35,800 Just wait. No, you know, but he's very 719 00:38:35,800 --> 00:38:38,400 right on that. I think Goldman Sachs is there's 720 00:38:38,440 --> 00:38:40,680 a, there's a service within banks which is called prime 721 00:38:40,680 --> 00:38:46,440 brokerage where they often do do custody for, for hedge funds. 722 00:38:46,520 --> 00:38:49,680 So it's unclear. I need to look into the actual 723 00:38:49,680 --> 00:38:52,200 filing itself, whether it's this is their wealth management 724 00:38:52,200 --> 00:38:55,160 division, this is out their prime prime brokerage division 725 00:38:55,400 --> 00:38:57,280 or this is perhaps out their trading division. 726 00:38:57,280 --> 00:39:00,000 I actually just don't even know. So maybe I'll look into it. 727 00:39:00,000 --> 00:39:04,520 But it is positive. You're going to see, I'd be more 728 00:39:04,520 --> 00:39:07,720 positive if you started to see big tech institutions start to 729 00:39:07,720 --> 00:39:10,280 have a, a slice of Bitcoin on their balance sheets. 730 00:39:10,480 --> 00:39:11,480 That's when I get really bullish. 731 00:39:11,520 --> 00:39:13,480 It's obvious all the banks are going to get involved. 732 00:39:13,640 --> 00:39:17,360 Like I don't like the marginal bank buying more Bitcoin or 733 00:39:17,360 --> 00:39:18,440 having more on its balance sheet. 734 00:39:18,440 --> 00:39:22,640 I think that's just gradual. If if you were to see one of the 735 00:39:22,640 --> 00:39:28,600 S&P 500 or maybe one of the NASDAQ 100 have Bitcoin on their 736 00:39:28,600 --> 00:39:31,240 balance sheet, that's when I'd be like, OK, you know, we have 737 00:39:31,240 --> 00:39:33,560 micro strategy, but it'd be good to see more and more company. 738 00:39:33,560 --> 00:39:36,560 And Tesla obviously have a have a small holding, But if you saw 739 00:39:36,560 --> 00:39:39,560 one of the magnificent 7 or even just like one of the top 50 tech 740 00:39:39,560 --> 00:39:44,520 stocks also have crypto holdings in their treasury, I think that 741 00:39:44,520 --> 00:39:46,200 would that would really get people bullish. 742 00:39:47,400 --> 00:39:50,000 Yeah, yeah, probably it's just a matter of waiting. 743 00:39:50,000 --> 00:39:51,480 But it's wild. I just realized like I was 744 00:39:51,480 --> 00:39:54,520 looking, it's like 6 months of range now because that range 745 00:39:54,520 --> 00:39:56,640 really started at the very end of February. 746 00:39:56,640 --> 00:39:59,640 So I was looking this morning and I was like, wait, it's been 747 00:39:59,640 --> 00:40:01,960 six months. It's the math, so. 748 00:40:02,360 --> 00:40:04,880 This is the thing about crypto, you have to have a no sleep 749 00:40:04,880 --> 00:40:06,600 season and then you sleep for the rest of it. 750 00:40:07,600 --> 00:40:09,200 Yeah. I mean, know that you you're 751 00:40:09,200 --> 00:40:12,200 like there is a no sleep season where a ton of money is made and 752 00:40:12,200 --> 00:40:15,520 then you just there's six to nine months of everyone just 753 00:40:15,520 --> 00:40:17,640 chopping themselves up and losing a ton of money and then 754 00:40:17,640 --> 00:40:20,920 we all make money again. Good. 755 00:40:21,080 --> 00:40:24,080 So basically, you know, sleep for six months. 756 00:40:24,080 --> 00:40:26,880 So you can, you know, take care of yourself and then no sleep 757 00:40:26,880 --> 00:40:30,280 season and then go back to to sleep season and then no sleep 758 00:40:30,280 --> 00:40:31,480 seasoning. There you go. 759 00:40:31,840 --> 00:40:36,000 It's that simple, you know, and the words of Aidan Ross, buy low 760 00:40:36,120 --> 00:40:40,800 sell high. You know, he's he's Tyler. 761 00:40:40,800 --> 00:40:44,880 You saw that clip, right? I haven't but that that makes 762 00:40:44,880 --> 00:40:46,200 total sense. Let me show you. 763 00:40:46,760 --> 00:40:48,520 I thought it was funny. I like Aidan Ross a lot, by the 764 00:40:48,520 --> 00:40:49,480 way. I just thought that was really 765 00:40:49,480 --> 00:40:52,120 funny. If you guys listen to what I'm 766 00:40:52,200 --> 00:40:54,120 going to say, you're going to make a lot of money, right? 767 00:40:55,280 --> 00:40:58,160 Here's our method that I came up with in stocks and in crypto. 768 00:40:59,240 --> 00:41:00,680 Don't put laughing emojis and shits. 769 00:41:00,680 --> 00:41:06,720 Listen, buy when it's low and sell when it's high, OK? 770 00:41:06,720 --> 00:41:10,360 So like, for example, when ETH hits $4000, sell all your 771 00:41:10,360 --> 00:41:12,360 crypto. When it goes back down in the 772 00:41:12,360 --> 00:41:14,760 2000s, you buy. You understand what I'm saying? 773 00:41:16,760 --> 00:41:19,640 So yeah, thank you, bootleg threat guy, for the advice. 774 00:41:19,960 --> 00:41:21,720 What do you think, Tyler? What do you think of this 775 00:41:21,720 --> 00:41:22,760 market? Deep. 776 00:41:24,400 --> 00:41:27,200 So if we talk to the election, we're talking about nine months 777 00:41:27,200 --> 00:41:29,440 of job. Yeah, it's going to I think this 778 00:41:29,440 --> 00:41:32,440 is probably going to be even worse by then. 779 00:41:32,440 --> 00:41:35,520 But it does feel like, you know, Q4 early. 780 00:41:35,520 --> 00:41:40,040 Q 12025 now seems to be like when we could perhaps see the 781 00:41:40,040 --> 00:41:42,600 next round of catalysts potential legs up. 782 00:41:43,160 --> 00:41:46,320 So like we'll see pockets move, you know, between now and then. 783 00:41:47,400 --> 00:41:50,240 But I feel like that that is a base case does make some sense 784 00:41:50,240 --> 00:41:54,000 to me. Yeah, I guess we'll see where, 785 00:41:54,280 --> 00:41:57,240 where life takes us on on that front. 786 00:41:57,760 --> 00:42:01,000 And I guess we'll keep chopping. So for the next six months and 787 00:42:01,000 --> 00:42:04,960 then then up only in 2025. You know, Kobe did say that next 788 00:42:04,960 --> 00:42:07,000 year is a when the cycle is going to really start. 789 00:42:07,000 --> 00:42:10,560 So, you know, we're we're just going to wait. 790 00:42:10,560 --> 00:42:12,280 Yeah, there you go. Like someone said, I'm buying 791 00:42:12,280 --> 00:42:14,800 resistance and shorting support. Well, there you go. 792 00:42:14,840 --> 00:42:18,560 You know, if, if every time the CT traders get your fork at like 793 00:42:18,560 --> 00:42:21,640 62 K, you sell, you're probably going to make money. 794 00:42:22,440 --> 00:42:24,280 You know, that's what I'm seeing anyways. 795 00:42:24,280 --> 00:42:25,520 Mando, anything else in the market? 796 00:42:25,520 --> 00:42:26,600 I think, I think it's the wrap, right. 797 00:42:26,600 --> 00:42:28,880 I think we think we've gone around. 798 00:42:28,880 --> 00:42:30,240 I don't think there's much more. I think that's. 799 00:42:30,280 --> 00:42:32,800 It for the week, if I'm on in terms of like big data, there's 800 00:42:32,800 --> 00:42:36,040 a retail sales figure which might be indicative of of the 801 00:42:36,040 --> 00:42:40,560 strength in the US economy. But I think, I think we were in 802 00:42:40,560 --> 00:42:41,920 for a little bit of a quiet period now. 803 00:42:42,320 --> 00:42:44,840 Yeah, there's. Where's the next data like? 804 00:42:46,320 --> 00:42:48,560 Let me have a look. I think we go quiet for a little 805 00:42:48,560 --> 00:42:50,440 bit here. The next Yeah, because there's 806 00:42:50,440 --> 00:42:52,400 no FMC this month, right? Since September. 807 00:42:53,280 --> 00:42:54,840 And this was a big week for data. 808 00:42:55,680 --> 00:42:57,800 September 17th and 18th is the next FMC. 809 00:42:57,800 --> 00:43:00,040 There's no FMC. I think there's jobless claims 810 00:43:00,040 --> 00:43:01,880 tomorrow. I don't know if that's like the 811 00:43:01,920 --> 00:43:04,520 key jobless. Yeah, This one's a like there's 812 00:43:04,520 --> 00:43:06,360 always initial jobless claims kind of every week. 813 00:43:06,360 --> 00:43:14,840 But in terms of like the next big stuff, honestly that was it. 814 00:43:15,640 --> 00:43:20,360 Like we have retail sales tomorrow, then next week you 815 00:43:20,360 --> 00:43:23,960 have the FOMC minutes that come out next Wednesday, but that's 816 00:43:24,000 --> 00:43:28,840 basically it. So go chill, you know, go chill. 817 00:43:29,200 --> 00:43:33,600 Yeah, we're we're we're a little, we're a little chill for 818 00:43:33,600 --> 00:43:34,440 now. All right, well, let's pick 819 00:43:34,440 --> 00:43:35,560 someone. Let's pick. 820 00:43:35,560 --> 00:43:38,200 Some NVIDIA results will be the next big thing for the market. 821 00:43:38,200 --> 00:43:40,600 There's only 28th. They're on the 28th of August. 822 00:43:41,360 --> 00:43:42,640 All right, that's two weeks today. 823 00:43:43,480 --> 00:43:46,240 Don't chop yourself in the next for the rest of this month, 824 00:43:46,240 --> 00:43:48,400 y'all, we're going to remind you on the show, but fucking chop 825 00:43:48,400 --> 00:43:50,640 yourself. There's going to be easy season. 826 00:43:50,640 --> 00:43:52,720 You'll probably know when easy season is back. 827 00:43:52,720 --> 00:43:54,960 Like there's always an easy period, like probably second 828 00:43:54,960 --> 00:44:01,880 wave of the bull, like next leg up and, and just just just chop, 829 00:44:01,880 --> 00:44:03,760 chop yourself up. Don't lose your fucking Solana, 830 00:44:03,760 --> 00:44:06,520 Bitcoin, Ethereum or whatever token you're holding and chill. 831 00:44:06,520 --> 00:44:09,480 All right, lads, let's why don't you, why don't you hear, Amanda? 832 00:44:09,480 --> 00:44:11,640 Why don't you tell me when to stop and we'll pick someone to 833 00:44:11,680 --> 00:44:16,160 to win $100 on the show today. Stop. 834 00:44:19,320 --> 00:44:22,680 All right, well, Lucky bonds. Lucky bonds 28. 835 00:44:23,120 --> 00:44:26,640 Lucky bonds 28. Yep, they did retweet this way. 836 00:44:26,640 --> 00:44:27,920 Says actually they retweet every day. 837 00:44:27,920 --> 00:44:31,280 So perfect. Lucky Bonds 28 right here for 838 00:44:31,280 --> 00:44:34,200 Sims topic, etcetera. Lucky Bonds 28 Congratulations, 839 00:44:34,200 --> 00:44:36,640 you don't need to come up. Don't worry, you win. 840 00:44:37,400 --> 00:44:39,960 You win $100.00. So make a Robit account and we 841 00:44:39,960 --> 00:44:43,840 will make sure to credit you $100 for being on the show 842 00:44:43,840 --> 00:44:46,200 today. And with that, with that, with 843 00:44:46,200 --> 00:44:48,160 all time flu, it's Laurie 11. What was that? 844 00:44:48,600 --> 00:44:49,960 We're done with that. We'll see y'all tomorrow 845 00:44:49,960 --> 00:44:51,800 morning, 10:00 AM Eastern Standard Time for another 846 00:44:51,800 --> 00:44:53,600 episode of film while we're on rock radio. 847 00:44:53,800 --> 00:44:54,240 Let's go.