1 00:00:00,280 --> 00:00:06,080 Yo-yo, yo, what up? What up? 2 00:00:06,120 --> 00:00:18,040 Good morning, Good morning, GMG Monday. 3 00:00:19,200 --> 00:00:23,600 Dude, how is it still January? And it's like just the 22nd. 4 00:00:23,600 --> 00:00:29,120 Hold on what? Like, honestly, this is oh OK, 5 00:00:29,160 --> 00:00:34,840 so I guess Monday, January fucking 78th, you know what I 6 00:00:34,840 --> 00:00:38,120 mean? Like 202444. 7 00:00:39,800 --> 00:00:42,480 And you see that you bring on a Monday morning like no one else 8 00:00:42,480 --> 00:00:43,840 brings it to it like. Nobody. 9 00:00:44,160 --> 00:00:46,640 I didn't. Even I tried to do the intros 10 00:00:46,640 --> 00:00:49,760 before when you were away and the music just drowns me out. 11 00:00:49,800 --> 00:00:53,000 Like, honestly, I didn't hear one note of the music when we 12 00:00:53,000 --> 00:00:56,600 went live just then. When you do the intros, I was 13 00:00:56,600 --> 00:01:00,320 listening and it's so funny. It's just like, OK, so good 14 00:01:00,320 --> 00:01:01,000 morning. All right. 15 00:01:01,000 --> 00:01:03,400 So bitcoins, AT44K Solana is at 24K. 16 00:01:04,440 --> 00:01:07,760 So what do you think about the the inflows I like? 17 00:01:07,760 --> 00:01:08,760 Hey, listen. Business. 18 00:01:08,760 --> 00:01:11,240 It's a 30 minute show. When I do it, it's a 30 minute 19 00:01:11,360 --> 00:01:14,320 show. OSF actually merges from his 20 00:01:14,320 --> 00:01:15,400 shell. I don't think he's actually 21 00:01:15,400 --> 00:01:23,000 looked at the camera once, so. It's not OSF. 22 00:01:23,000 --> 00:01:25,440 This is his younger brother, which is why, you know, we 23 00:01:25,440 --> 00:01:27,240 thought it was him, but it's actually his younger brother. 24 00:01:27,240 --> 00:01:30,200 But yeah, listen, I've been up for fucking like 5 hours 25 00:01:30,200 --> 00:01:31,400 already, bro. This morning. 26 00:01:31,400 --> 00:01:34,080 I don't know, 4 hours I did. I don't know. 27 00:01:34,080 --> 00:01:35,600 I'm just hype. Another Monday. 28 00:01:35,840 --> 00:01:37,200 You know another day to get dumped. 29 00:01:37,280 --> 00:01:39,440 Jumped on by by Barry Silbert and his boys. 30 00:01:39,440 --> 00:01:41,800 The grayscale. You know, another opportunity to 31 00:01:41,800 --> 00:01:45,760 build another opportunity to buy our favorite coins on a dip 32 00:01:46,160 --> 00:01:50,600 before a Giga Omega Ultra Bull run coming in later this year 33 00:01:50,800 --> 00:01:53,920 and 2025. You know, another reason to to 34 00:01:53,960 --> 00:01:56,240 to have some fun. It is a beautiful day to have a 35 00:01:56,240 --> 00:01:58,160 beautiful day and I do have my clothes in the house. 36 00:01:58,480 --> 00:02:00,800 OSF Mando, how you guys doing this morning? 37 00:02:01,960 --> 00:02:06,000 Just watching Bitcoin tick by one second tick chart just. 38 00:02:07,200 --> 00:02:09,360 We're ripping right now, right? We're absolutely ripping right 39 00:02:09,360 --> 00:02:11,360 now. We just we just we just ripped 40 00:02:11,360 --> 00:02:16,240 from 40 point 4K to 40 point 6K. On the one second, on the one 41 00:02:16,240 --> 00:02:20,200 second chart we're ripping, bro. Naughty .4% move right there, 42 00:02:20,200 --> 00:02:21,560 that is. It's been more fun. 43 00:02:21,560 --> 00:02:23,640 It's not the second one, it's the line chart. 44 00:02:24,560 --> 00:02:27,920 The, the, the roll bit, the. Roll bit, line chart. 45 00:02:27,920 --> 00:02:28,680 That's. The best chart? 46 00:02:28,760 --> 00:02:31,280 Actually, that's. The best chart, The one that 47 00:02:31,280 --> 00:02:34,440 goes shoot. Actually when it. 48 00:02:36,040 --> 00:02:41,600 Goes up you just like, Oh my God, it's still going it again. 49 00:02:42,480 --> 00:02:47,120 Yeah, if you have not traded like 250X with the line chart 50 00:02:47,120 --> 00:02:52,600 before, you have not lived. Not on Bitcoin, right? 51 00:02:52,720 --> 00:02:53,680 You got to be doing that on WHIP. 52 00:02:54,080 --> 00:02:56,240 Roller. Coaster and whip this this 53 00:02:56,240 --> 00:02:58,080 weekend. It was last night. 54 00:02:58,400 --> 00:03:00,280 I had like $20.00 because I emptied my account. 55 00:03:00,280 --> 00:03:02,280 I was like, you know, I'm going to show and buy some spot tips. 56 00:03:02,280 --> 00:03:05,720 So I I left like $30 in there. So I was like shorting with or 57 00:03:05,720 --> 00:03:10,240 like the only like $20 or like $5 at a time but with like 1000, 58 00:03:12,200 --> 00:03:13,720 just for the kick, because we're sick, right? 59 00:03:13,720 --> 00:03:15,640 We got to click a button and it's like $20 risk, right? 60 00:03:15,640 --> 00:03:20,040 So whatever. It's just like, it's just funny 61 00:03:20,040 --> 00:03:23,120 that you mentioned that because that was literally me last night 62 00:03:23,120 --> 00:03:25,160 needing to feel something before I go to bed. 63 00:03:25,720 --> 00:03:31,240 But anyways, yeah, I mean man, today on the show today let me 64 00:03:31,240 --> 00:03:33,480 post the broadcasting. We are live as usual just so you 65 00:03:33,480 --> 00:03:37,800 all know, but you already know. X videos post on from our in my 66 00:03:37,800 --> 00:03:40,360 highlights in the from our headlights on the boys pages. 67 00:03:40,360 --> 00:03:41,600 We're live on Twitter space as well. 68 00:03:41,600 --> 00:03:43,520 Give the boys a retreat. Gives your boys some love. 69 00:03:43,720 --> 00:03:45,440 Give your boys some 100 signs in the air. 70 00:03:45,520 --> 00:03:47,320 You'll have to see it. Let's fucking go. 71 00:03:47,400 --> 00:03:49,480 We show up every day. We host the fire show. 72 00:03:49,600 --> 00:03:52,800 This is what we love to do. This is how we build and of 73 00:03:52,800 --> 00:03:55,520 course always live on the Rug video YouTube channel if you 74 00:03:55,520 --> 00:03:58,040 prefer a YouTube experience. Which by the way video 75 00:03:58,040 --> 00:04:00,720 experience is always like a bajillion times better than the 76 00:04:00,960 --> 00:04:05,880 audio experience on this show. But anyways, today on the show, 77 00:04:05,880 --> 00:04:10,200 today, today what we got BTC, right of course, falling below 78 00:04:10,200 --> 00:04:12,080 40 kids. No, no, not yet. 79 00:04:12,080 --> 00:04:13,680 Sorry, that's happened soon I guess. 80 00:04:14,040 --> 00:04:15,920 Or maybe not. But anyways, that's what people 81 00:04:15,920 --> 00:04:19,000 seem to be talking about. Terraform Labs applying, filing 82 00:04:19,000 --> 00:04:23,080 for bankruptcy finance that inflows over $5 billion is a DOJ 83 00:04:23,080 --> 00:04:26,040 settlement. You know Warren pushes new AMA 84 00:04:26,080 --> 00:04:29,680 rules for crypto. Then the Lord gave me the Lord 85 00:04:29,680 --> 00:04:34,480 Lord Lord told told me, said give him a 10X. 86 00:04:35,920 --> 00:04:37,840 That was something. I'm glad you added that quickly 87 00:04:37,840 --> 00:04:40,200 this morning man. Though I forgot about that I saw 88 00:04:40,200 --> 00:04:42,960 this weekend. It was hilarious. 89 00:04:42,960 --> 00:04:45,640 So apparently God sending pastors out their signals to 90 00:04:45,640 --> 00:04:49,600 dump on his preachers. So we're going, we're going to 91 00:04:49,600 --> 00:04:52,640 see what's happening here. You know, I did not expect 92 00:04:52,640 --> 00:04:56,240 Monday morning to talk about God sending us signs about crypto, 93 00:04:56,240 --> 00:04:59,480 but hey, here we are. And then last but not least, you 94 00:04:59,480 --> 00:05:02,680 know, a big weekend for NFTS at least, even though our coins are 95 00:05:02,680 --> 00:05:04,400 not doing so great. But hey, could that be a sign 96 00:05:04,400 --> 00:05:06,080 that NFTS and mean coins could be doing better? 97 00:05:06,080 --> 00:05:07,560 We'll see. But crypto punks absolutely 98 00:05:07,560 --> 00:05:11,360 flying over the weekend, A lot of mid to rare sales, a lot of 99 00:05:11,360 --> 00:05:13,800 rare bids as well. Got $5,000,000 bids on on the 100 00:05:13,800 --> 00:05:15,520 aliens. We'll talk about this in a 101 00:05:15,520 --> 00:05:19,200 minute with the floor heading 65 ether on that's up 2 1/2 X since 102 00:05:19,200 --> 00:05:20,760 Friday. We cannot all said that on the 103 00:05:20,760 --> 00:05:22,280 show Friday. Like look like there's always a 104 00:05:22,280 --> 00:05:24,760 second life, a second pump, these projects when there's a 105 00:05:24,760 --> 00:05:26,600 big dip. So whoever caught on to that, 106 00:05:26,600 --> 00:05:29,760 congratulations Big cool cats guys sweeps as well. 107 00:05:29,760 --> 00:05:32,400 And are we so bad that Dwight Howard is dropping an NFT 108 00:05:32,400 --> 00:05:33,960 collection? Seems like we are. 109 00:05:34,080 --> 00:05:40,080 As usual, this show is powered by Ledger on on Avax on top of 110 00:05:40,080 --> 00:05:42,080 that. So this is how back we are. 111 00:05:42,200 --> 00:05:44,640 Hey, the Avax Foundation did say that they were going to be 112 00:05:44,640 --> 00:05:47,160 pumping people's bags like they did announced that last month. 113 00:05:47,160 --> 00:05:51,240 So looks like the Avax Foundation is back to work on 114 00:05:51,240 --> 00:05:53,960 this wonderful month and still month of. 115 00:05:54,200 --> 00:05:56,720 I mean, Christmas was not even a month ago. 116 00:06:00,760 --> 00:06:03,160 I don't understand. I don't understand. 117 00:06:03,160 --> 00:06:07,160 It's crazy. How are we still in in in in 118 00:06:07,160 --> 00:06:08,040 January? I don't know. 119 00:06:08,040 --> 00:06:09,440 But what's that for? Dude, let's get this party 120 00:06:09,440 --> 00:06:10,920 started. Seems like Manda wants to talk 121 00:06:10,920 --> 00:06:12,000 this morning, so let's go to him. 122 00:06:12,000 --> 00:06:17,880 Who is the man Knackledaddy of the lamb? 123 00:06:22,040 --> 00:06:24,720 Can you dig it? GM, GM, everyone. 124 00:06:24,720 --> 00:06:27,440 So we had a little bit of a respite over the weekend. 125 00:06:28,040 --> 00:06:31,920 I think Bitcoin kind of migrated up to around 42 K after that 126 00:06:31,920 --> 00:06:35,800 Friday pump ETH was hanging out just shy of 2500. 127 00:06:36,360 --> 00:06:40,280 Everything felt okay, but a little bit, a little bit nervous 128 00:06:40,280 --> 00:06:42,640 I would say we were even. OSF is in the chat. 129 00:06:42,640 --> 00:06:44,880 Really hope Bitcoin doesn't dump on Monday. 130 00:06:45,360 --> 00:06:50,200 Well, Bitcoin dumped on Monday. Bitcoin basically is holding up 131 00:06:50,200 --> 00:06:55,760 just above 40K right now. You have ETH which is just South 132 00:06:55,760 --> 00:07:00,480 of 24123 sixty I think Area and Solana. 133 00:07:01,040 --> 00:07:03,960 Solana went from trading around 9394 to now right in 86. 134 00:07:03,960 --> 00:07:07,880 So a big move in in the majors and you've seen bunch of alts 135 00:07:07,880 --> 00:07:11,160 get absolutely wiped out. So if things look bad on on 136 00:07:11,160 --> 00:07:15,640 Thursday and Friday it's they're probably down another 5 to 10% 137 00:07:15,640 --> 00:07:19,440 from there. Things like say are like 59 that 138 00:07:19,440 --> 00:07:23,160 was at 69 I think on Friday and we said wow that's that was a 139 00:07:23,160 --> 00:07:26,680 big move. Things like whiff is down to 260 140 00:07:26,680 --> 00:07:28,440 million. That was at 3:50. 141 00:07:28,440 --> 00:07:33,520 I think all the alt coins that OSF wasn't weren't moving. 142 00:07:33,680 --> 00:07:35,120 They they've begun to move again. 143 00:07:35,120 --> 00:07:40,840 So big, big move lower. Catches trays today he he did 144 00:07:40,840 --> 00:07:42,240 say everything is going to go lower. 145 00:07:42,680 --> 00:07:43,640 Yeah, he did. He did. 146 00:07:44,120 --> 00:07:45,040 No, I. Didn't catch. 147 00:07:45,600 --> 00:07:47,720 That was sold. I'm the one that sold two weeks 148 00:07:47,720 --> 00:07:48,560 ago. Just saying. 149 00:07:49,280 --> 00:07:50,520 By the way, that was timed perfectly. 150 00:07:50,520 --> 00:07:53,360 But anyway, saying it's funny man, though I'm going to go back 151 00:07:53,360 --> 00:07:55,240 to you, but when you look at the top gainers on the screen, 152 00:07:55,240 --> 00:07:58,360 there's only like 3 and two of them are fucking and all four of 153 00:07:58,360 --> 00:08:00,800 them are like a stable coins. I opened it up today. 154 00:08:00,800 --> 00:08:02,920 There was only one It was DYDX&C ago. 155 00:08:02,920 --> 00:08:04,480 And I was like, oh God, this is not pretty good. 156 00:08:04,640 --> 00:08:08,640 USCC top gainers. Yeah, even Tether didn't make 157 00:08:08,640 --> 00:08:10,040 the list. You know, Tether is actually 158 00:08:10,080 --> 00:08:13,040 down let's. Go send it anyways. 159 00:08:13,040 --> 00:08:16,560 Go on man, tell us more. So yeah, a bit of an ugly, ugly 160 00:08:16,560 --> 00:08:18,560 start. A few different things I think 161 00:08:18,560 --> 00:08:22,520 the timeline is focusing on. Obviously you have 700 million 162 00:08:22,520 --> 00:08:26,120 of GBTC got got sent to Coinbase first thing this morning. 163 00:08:26,120 --> 00:08:30,320 It looks like a large majority of that is actually to do with 164 00:08:30,320 --> 00:08:34,200 the FDS FDX estate. Remember FDX was a large holder 165 00:08:34,200 --> 00:08:38,240 of GBTC. They have moved to sell well 166 00:08:38,240 --> 00:08:41,960 that position as soon as it's become liquid like an ETF. 167 00:08:42,320 --> 00:08:46,320 So there's a lot of talk about FDX Sam from beyond the grave 168 00:08:46,320 --> 00:08:49,080 destroying us. Again, not beyond the grave, but 169 00:08:49,080 --> 00:08:53,560 in in in prison. And then the Foundation was 170 00:08:53,560 --> 00:08:55,640 selling ETH again today. No. 171 00:08:56,600 --> 00:09:00,760 Dude, God love that. 24 Rd. Promise operational expenses 172 00:09:00,760 --> 00:09:04,360 when they saw like the pickle top at 4:00, not pico top. 173 00:09:04,440 --> 00:09:06,320 The absolute generational no not. 174 00:09:06,720 --> 00:09:10,080 I mean the top 46. $100 That's how like knows his days, right? 175 00:09:10,080 --> 00:09:12,000 He's just like, fuck it. Here we go lads. 176 00:09:12,880 --> 00:09:16,760 Give it to him. So they sold I think just shy 2 177 00:09:16,760 --> 00:09:19,400 million which isn't that much. But in the grand scheme of 178 00:09:19,400 --> 00:09:21,440 things everyone hates to see that sort of headline. 179 00:09:22,800 --> 00:09:29,360 So Solana Solana is getting a bad catching some strays as well 180 00:09:29,360 --> 00:09:31,560 today. I would say the the one 181 00:09:31,560 --> 00:09:34,320 positives well like people are now looking for what's positive, 182 00:09:34,320 --> 00:09:37,120 what's negative coming up. Arthur Hayes came out today and 183 00:09:37,120 --> 00:09:40,360 says he was buying 35K puts on Bitcoin, so he thinks we're 184 00:09:40,360 --> 00:09:44,160 going much lower. I don't know if that's a bullish 185 00:09:44,160 --> 00:09:46,160 or a bearish sign, but he's pointing to the idea of the Fed 186 00:09:47,000 --> 00:09:48,920 refinancing coming over at the end of this month. 187 00:09:49,680 --> 00:09:52,040 There's a lot to unpack there. He basically thinks it would 188 00:09:52,240 --> 00:09:56,120 like you're going to see a sovereign crisis in the US He's 189 00:09:56,120 --> 00:09:58,920 basically implying with how the Fed's going to have to refinance 190 00:09:59,320 --> 00:10:02,240 what the Fed did with some of its refinancing is it pushed a 191 00:10:02,240 --> 00:10:05,040 lot of it out the last time it did some of its refinancing. 192 00:10:05,040 --> 00:10:07,520 And people are now saying that's going to come. 193 00:10:07,520 --> 00:10:10,160 That's going to have to now be in H1. 194 00:10:11,040 --> 00:10:12,760 What does that mean? It basically means that the 195 00:10:12,840 --> 00:10:15,240 government's going to have to start funding a lot of its debts 196 00:10:15,360 --> 00:10:18,560 pretty soon and you're going to see a lot of liquidity needed to 197 00:10:18,560 --> 00:10:20,160 do that. So people are saying, oh, maybe 198 00:10:20,160 --> 00:10:21,360 that's a liquidity drawing event. 199 00:10:21,480 --> 00:10:22,960 It seems a little bit far fetched. 200 00:10:22,960 --> 00:10:25,400 So that's going to be like why crypto sells off, but that's 201 00:10:25,400 --> 00:10:26,680 what Arthur Hayes is pointing to. 202 00:10:27,160 --> 00:10:28,600 Stocks are obviously hitting an all time high. 203 00:10:28,600 --> 00:10:31,840 So to a large extent macro doesn't feel terrible to me, but 204 00:10:31,840 --> 00:10:34,400 maybe, maybe we're heading to a sovereign crisis. 205 00:10:34,400 --> 00:10:36,920 I I don't believe in with Arthur Hayes there but it generally 206 00:10:36,920 --> 00:10:40,600 just felt like a lot of stuff everyone's like fuck it's moved 207 00:10:40,600 --> 00:10:45,800 up you know 3-4 X on alts bitcoins had a huge run. 208 00:10:45,800 --> 00:10:48,720 We can we can move we can move lower and no one's really going 209 00:10:48,720 --> 00:10:51,560 to step in for a for a for a little bit more blood I don't 210 00:10:51,560 --> 00:10:53,280 think at least a lot meaningfully. 211 00:10:53,600 --> 00:10:56,240 So that's the kind of world we're living. 212 00:10:56,240 --> 00:11:00,520 I I would say on the positive side obviously macro doesn't 213 00:11:00,520 --> 00:11:03,520 feel terrible. Secondly there is a very 214 00:11:03,520 --> 00:11:08,280 important law court case between the SEC and Coinbase going on. 215 00:11:09,200 --> 00:11:14,160 Bloomberg analysts came out on Friday and said they think 70% 216 00:11:14,160 --> 00:11:17,000 chance now that the coin that Coinbase gets that thrown out. 217 00:11:17,520 --> 00:11:22,000 So that would be very, very big. Remember this is a coin. 218 00:11:22,280 --> 00:11:25,800 This is a case against pretty it's effectively against like AI 219 00:11:25,800 --> 00:11:28,320 think a basket of 12 different altcoins which you've all kind 220 00:11:28,320 --> 00:11:32,160 of heard of but the largely it's it's an attack against all all 221 00:11:32,160 --> 00:11:34,920 different altcoins. If that case gets thrown out it 222 00:11:34,920 --> 00:11:39,080 would really really hurt Coinbase's ability to continue 223 00:11:39,080 --> 00:11:43,720 with this enforcement action without regulation stance that 224 00:11:43,720 --> 00:11:46,440 they've been doing. So I think we'd we'd essentially 225 00:11:46,440 --> 00:11:51,120 be at a stalemate until potentially the next government 226 00:11:51,200 --> 00:11:54,800 came in with a with a a framework for regulation there. 227 00:11:54,800 --> 00:11:57,200 So that would be quite a big win. 228 00:11:57,200 --> 00:11:59,480 I don't think we're going to hear exactly back from it. 229 00:11:59,480 --> 00:12:05,200 I think maybe for a week or two, but the the the case should be 230 00:12:05,200 --> 00:12:06,800 like the final argument should be this week. 231 00:12:06,800 --> 00:12:10,760 So yeah, it could be, could that could be 1 positive thing at 232 00:12:10,760 --> 00:12:14,440 least for all coins that you that you see the SEC having to 233 00:12:14,680 --> 00:12:18,600 kind of step back. But to a large extent it feels 234 00:12:18,600 --> 00:12:21,840 as though the market is happy to go lower right now, or at least 235 00:12:21,960 --> 00:12:25,440 that's the path of most pain. And no one's really stepping in, 236 00:12:25,440 --> 00:12:28,840 I think in meaningful size because we're a little bit far 237 00:12:28,840 --> 00:12:31,640 away from the halving we're we're maybe going to get that 238 00:12:31,640 --> 00:12:35,520 Coinbase thing come out, but you don't know the timing of it. 239 00:12:35,520 --> 00:12:38,040 So it just feels as though we're just losing, losing some 240 00:12:38,040 --> 00:12:41,480 momentum and things seem to be heading South. 241 00:12:41,600 --> 00:12:44,280 I wouldn't be surprised if I think the Technical Support is 242 00:12:44,280 --> 00:12:50,600 like 39 K on on Bitcoin. So I think we could go below 40K 243 00:12:50,600 --> 00:12:54,520 here. All right, OV on the Tradfi 244 00:12:54,560 --> 00:12:56,440 side, looks like we're we keep it in. 245 00:12:56,440 --> 00:12:59,480 Highs, huh? Macro is really strong right 246 00:12:59,480 --> 00:13:00,680 now. Stocks are strong. 247 00:13:00,680 --> 00:13:03,160 We closed a lot higher on Friday. 248 00:13:03,160 --> 00:13:05,760 We were high again today. We're at new all time highs. 249 00:13:06,240 --> 00:13:08,640 So yeah, macro's doing pretty well. 250 00:13:09,040 --> 00:13:14,480 Think on crypto I'm getting like slightly more, slightly less 251 00:13:15,120 --> 00:13:18,400 like core like bearish or whatever I was short term wise 252 00:13:18,400 --> 00:13:23,920 like I think you know all these GBTC like well alert things that 253 00:13:23,920 --> 00:13:26,520 we see that remember that's only just like 1/2 of the story and 254 00:13:26,920 --> 00:13:30,280 every day so far apart from 2 days last week we had net 255 00:13:30,280 --> 00:13:33,440 inflows in in the ETF then and there's been a cumulative net 256 00:13:33,440 --> 00:13:36,240 inflow of like 1.2 billion. So I think we need to see like 257 00:13:36,480 --> 00:13:37,880 the total flows at the end of the day. 258 00:13:37,880 --> 00:13:40,360 At the end we're just seeing the people who are selling but 259 00:13:40,360 --> 00:13:43,000 people are also buying we we just see like who sold more 260 00:13:43,000 --> 00:13:46,040 versus who bought more and to get them the the net number at 261 00:13:46,040 --> 00:13:48,360 the end of the day. So I don't, I don't pay as much 262 00:13:48,360 --> 00:13:51,440 attention to those as the rest of the market does or the rest 263 00:13:51,440 --> 00:13:52,320 of CT does. Obviously. 264 00:13:52,320 --> 00:13:56,320 Like it's pretty hard hitting when you see like like $500 265 00:13:56,320 --> 00:13:59,800 million like Bitcoin transferred to Coinbase. 266 00:13:59,800 --> 00:14:03,880 But there's also like a lot of money being transferred out of 267 00:14:03,880 --> 00:14:07,120 Coinbase into other wallets as well whereas people buy them and 268 00:14:07,120 --> 00:14:09,120 and take them off into self custody. 269 00:14:09,120 --> 00:14:12,200 So I don't think that's the be all end all. 270 00:14:12,200 --> 00:14:14,680 I think it's also like kind of constructive that yeah we 271 00:14:14,680 --> 00:14:18,760 dropped we we we naked at the open but we slowly started to to 272 00:14:18,760 --> 00:14:21,240 grind higher on Bitcoin after that and we didn't actually fall 273 00:14:21,480 --> 00:14:25,880 below like 40.4 like we went from 41 to 40.3 like red candle 274 00:14:25,880 --> 00:14:27,560 down. I was just like been climbing 275 00:14:27,560 --> 00:14:30,440 back throughout you know over the last hour or so. 276 00:14:30,440 --> 00:14:34,240 So I don't know like part of me thinks that maybe the flows are 277 00:14:34,240 --> 00:14:37,480 OK and like the fact that a billion of it was the FTX estate 278 00:14:37,480 --> 00:14:38,560 is is a bit more bullish as well. 279 00:14:38,560 --> 00:14:42,160 It means like it's not just GBT, like you know there's there's a 280 00:14:42,160 --> 00:14:44,080 reason for some of that GBTC money leaving. 281 00:14:45,160 --> 00:14:48,880 So yeah, I'm like definitely still cautious here, but maybe 282 00:14:49,080 --> 00:14:51,000 everyone's like oh definitely could go into the 30s like I 283 00:14:51,000 --> 00:14:52,520 don't know, maybe, maybe we won't. 284 00:14:52,520 --> 00:14:55,480 Maybe that's all, like maybe that's what everyone thinks now 285 00:14:55,480 --> 00:14:57,840 because we've had this pay and we keep seeing these well alert 286 00:14:57,840 --> 00:15:00,320 things. But we're not seeing like I'd 287 00:15:00,320 --> 00:15:02,920 love to see the net. If the net info number starts 288 00:15:02,920 --> 00:15:06,520 turning into a net daily net out for number and the net net out 289 00:15:06,520 --> 00:15:09,360 for number keeps growing, then I would start to get very bearish 290 00:15:09,360 --> 00:15:10,760 and I think we dropped to mid 30s. 291 00:15:10,760 --> 00:15:14,560 But as long as we keep seeing a net info number, I think we may 292 00:15:14,720 --> 00:15:17,160 just. I have a sneaky suspicion we may 293 00:15:17,160 --> 00:15:19,080 just about hold the line. I don't know. 294 00:15:22,880 --> 00:15:24,240 Bullish, Bullish. Not. 295 00:15:25,520 --> 00:15:28,160 Sure, just. Quite honestly, if when I see. 296 00:15:28,440 --> 00:15:30,760 Yeah. When I see dumb takes about the 297 00:15:30,760 --> 00:15:33,280 fact that we're gonna go lower because of the Fed funding, I'm 298 00:15:33,280 --> 00:15:37,280 just like, yeah, just making up something about why we're gonna 299 00:15:37,280 --> 00:15:42,640 go lower rather than anything. Lower, I just say that we're 300 00:15:42,640 --> 00:15:43,920 going lower because of the vibes. 301 00:15:44,160 --> 00:15:47,000 Does that makes more sense than the Fed funding argument, right? 302 00:15:47,480 --> 00:15:48,760 Or other vibes because we're going lower. 303 00:15:49,840 --> 00:15:52,840 Don't don't forget also like the funding rates are basically 0 304 00:15:52,840 --> 00:15:57,040 right now to. B or not to B thought is the 305 00:15:57,040 --> 00:15:59,600 question. I agree with you OV questions 306 00:15:59,600 --> 00:16:01,400 for you all. And some things are negative 307 00:16:01,400 --> 00:16:03,440 funding as well. Like like it's you're. 308 00:16:04,160 --> 00:16:06,200 Literally getting paid to be long right now on most 309 00:16:06,200 --> 00:16:07,040 platforms. On. 310 00:16:07,280 --> 00:16:08,360 Yeah, On some, Yeah. On some. 311 00:16:08,360 --> 00:16:10,720 I think it's like, it's it's like random shit like BNB and 312 00:16:10,720 --> 00:16:14,560 like Sia say, and like some random coins and shit. 313 00:16:14,560 --> 00:16:18,360 But like, I don't know. Like, I think it's just, it's 314 00:16:18,400 --> 00:16:23,840 just like if we punt, if we punt, yeah, if we punt like to 315 00:16:23,880 --> 00:16:29,280 42K or 43K again everyone would everyone be like, oh shit, would 316 00:16:29,280 --> 00:16:30,720 people be happy or sad? I don't know like. 317 00:16:30,920 --> 00:16:33,000 You know what happens? But we go to 42 K everybody 318 00:16:33,000 --> 00:16:35,240 calls for, but that's that's how it is. 319 00:16:35,840 --> 00:16:36,960 Come on. This is how it is. 320 00:16:36,960 --> 00:16:40,200 Question though and that's kind of what I was talking about to 321 00:16:40,200 --> 00:16:41,200 you guys this morning. Just it's. 322 00:16:41,200 --> 00:16:44,040 I think it's an interesting conversation to have like as 323 00:16:44,040 --> 00:16:46,840 Bitcoin clearly becomes more tied up every time the market 324 00:16:46,840 --> 00:16:48,320 opens. We know we're dumping. 325 00:16:48,320 --> 00:16:50,840 It's like it's become a meme right now everyone's like, OK, 326 00:16:51,000 --> 00:16:52,360 trad markets are open and let's go. 327 00:16:52,360 --> 00:16:54,880 Even on Friday you two were like, Oh well like we can't get 328 00:16:54,880 --> 00:16:57,200 dumped on by trad fi, we're going to pump this weekend. 329 00:16:57,200 --> 00:17:00,120 What happened this weekend? All the meme coins went crazy, 330 00:17:00,120 --> 00:17:01,360 right? And like a lot of cool stuff 331 00:17:01,360 --> 00:17:02,760 happened. There's a lot of good OPS like 332 00:17:02,760 --> 00:17:04,480 to catch some good trades this weekend. 333 00:17:04,800 --> 00:17:06,359 Even Bitcoin like went a little higher. 334 00:17:06,359 --> 00:17:09,040 E soul like it wasn't that bad, right? 335 00:17:09,440 --> 00:17:13,599 But like are we do we think that like bitcoins getting way more 336 00:17:13,720 --> 00:17:18,359 or tied up to like the GBTC narrative at the moment until 337 00:17:18,359 --> 00:17:20,440 they're done dumping, which by the way they have a whole lot of 338 00:17:20,440 --> 00:17:22,319 dumping left to do. And I know that's one side of 339 00:17:22,319 --> 00:17:26,560 the story OV but we know our industry is tied onto narratives 340 00:17:26,640 --> 00:17:28,880 heavily, right? The next narrative is not big 341 00:17:28,880 --> 00:17:32,160 for the having right and the IP four and eight something 342 00:17:32,160 --> 00:17:33,880 something it's not until later as well, right? 343 00:17:34,160 --> 00:17:37,040 But like do we think Bitcoin gets more tied up to like track 344 00:17:37,040 --> 00:17:39,440 five prices? We see it like chopping sideways 345 00:17:39,440 --> 00:17:42,400 for a while, while like maybe the theorem ecosystem detaches 346 00:17:42,400 --> 00:17:44,840 itself a little bit. The Solana ecosystem detaches 347 00:17:44,840 --> 00:17:47,160 itself a little bit. Like, do we think we start 348 00:17:47,160 --> 00:17:50,560 seeing this sort of like movement in the space? 349 00:17:50,560 --> 00:17:52,840 And by eco, I mean like meme coins and NFTS as well, right? 350 00:17:53,200 --> 00:17:56,280 Yeah, here's what I think. Well, first I just sent you a 351 00:17:56,280 --> 00:17:58,040 link. By the way, there's another way 352 00:17:58,040 --> 00:18:02,000 of that thing which says like 5500 Bitcoin transferred from 353 00:18:02,000 --> 00:18:03,880 Coinbase to unknown wallet, right. 354 00:18:03,880 --> 00:18:06,480 So that's like that's some of the other side of those flows 355 00:18:06,480 --> 00:18:07,880 that people are buying on the other side. 356 00:18:08,360 --> 00:18:10,120 But one thing I would say is like, yeah, like there's 357 00:18:10,120 --> 00:18:12,680 obviously a lot of transfer involvement in Bitcoin now that 358 00:18:12,680 --> 00:18:15,120 will be on ETH later this year hopefully. 359 00:18:15,520 --> 00:18:19,400 And one thing I said that last year the NASDAQ closed almost 360 00:18:19,400 --> 00:18:22,320 50% higher in the year. Like it was like insane returns. 361 00:18:22,320 --> 00:18:25,200 And we talked last year about how Crypto Under felt like it 362 00:18:25,200 --> 00:18:28,280 was underperforming stocks because, you know, we'd have 363 00:18:28,280 --> 00:18:30,440 days where, like, crypto would move lower and stocks would move 364 00:18:30,440 --> 00:18:32,000 higher. And that's because, like, people 365 00:18:32,000 --> 00:18:34,480 were who are in stocks and tradify people, They're like, 366 00:18:34,480 --> 00:18:36,640 well, why would I, you know, stocks keep going higher? 367 00:18:36,640 --> 00:18:38,760 Why would I sell my stocks and move something else, right? 368 00:18:38,760 --> 00:18:41,800 Like, if you own an asset as a human, if you own an asset and 369 00:18:41,800 --> 00:18:44,680 every day you wake up and it's higher again, you're not going 370 00:18:44,680 --> 00:18:46,160 to sell it, right? You're going to keep riding it 371 00:18:46,160 --> 00:18:49,480 until until that asset stops rallying or starts to go lower. 372 00:18:49,480 --> 00:18:51,600 And another asset is rallying consistently every day. 373 00:18:51,880 --> 00:18:53,480 And then you'll be like, cool, I want to move to the other thing, 374 00:18:53,480 --> 00:18:55,440 right. So last year we just had stocks 375 00:18:55,440 --> 00:18:59,800 go up like for the whole year basically like, you know, buying 376 00:18:59,800 --> 00:19:01,880 maybe like a a quieter period of the summer, but we're not for 377 00:19:01,880 --> 00:19:04,040 the whole year. So traffic didn't want to swap 378 00:19:04,040 --> 00:19:06,200 into risky things they didn't want to swap into crypto. 379 00:19:06,520 --> 00:19:09,560 But now it's going to be very, very hard for the NASDAQ to 380 00:19:09,560 --> 00:19:12,120 return another 50% this year. Like it's just no, there's no 381 00:19:12,120 --> 00:19:14,120 way that's going to happen. And maybe you're playing for 382 00:19:14,120 --> 00:19:18,920 like a 5-10, if you're really lucky, 15% return on on on the 383 00:19:18,920 --> 00:19:21,400 NASDAQ this year. So therefore you have to start 384 00:19:21,400 --> 00:19:23,760 and people are away. If you're still bullish on 385 00:19:23,760 --> 00:19:26,120 markets which many people are, you have to start looking at 386 00:19:26,120 --> 00:19:29,000 riskier stuff and and that could be crypto like the best case for 387 00:19:29,000 --> 00:19:32,280 crypto right now is if stocks just stay stable and move up 388 00:19:32,280 --> 00:19:36,040 0.5% every single day people are going to start rotating months 389 00:19:36,040 --> 00:19:37,400 crypto. And guess what it's so easy to 390 00:19:37,400 --> 00:19:40,560 do now because you do have a spot Bitcoin ETF and you'll have 391 00:19:40,560 --> 00:19:42,880 a spot ETF. So I think like if you just zoom 392 00:19:42,880 --> 00:19:45,080 out for a bit if you're if you're bullish on markets this 393 00:19:45,080 --> 00:19:48,000 year, which I still am, I still think we see rate cuts. 394 00:19:48,000 --> 00:19:50,560 I still think you'll see like some fudging around of numbers 395 00:19:50,560 --> 00:19:54,760 with the elections in in a in a bullish way you I think you will 396 00:19:54,760 --> 00:19:57,920 have you will start to see that rotation into crypto and it's 397 00:19:58,680 --> 00:20:01,200 you know for tried five people because it's easy to do now and 398 00:20:01,200 --> 00:20:03,880 I think you just have to remember like we're fucking two 399 00:20:03,880 --> 00:20:07,200 or three weeks into this year which is a very important year 400 00:20:07,200 --> 00:20:10,720 on many reasons but still extremely extremely early into 401 00:20:10,720 --> 00:20:13,520 this year and these narratives take a long time to play out but 402 00:20:13,520 --> 00:20:17,160 I do think it will play out I think as as the as time goes on 403 00:20:17,160 --> 00:20:19,560 you'll start to see people rotate from stocks to crypto 404 00:20:19,560 --> 00:20:22,280 because it just. It just makes sense. 405 00:20:22,280 --> 00:20:24,400 Crypto's still 5060% off the highs. 406 00:20:24,800 --> 00:20:27,080 Stocks are at all time highs. Stocks are going to stop. 407 00:20:27,440 --> 00:20:29,840 You know the the, the amount that stocks go up every day is 408 00:20:29,840 --> 00:20:32,760 going to start to decrease versus the potential that crypto 409 00:20:32,760 --> 00:20:34,560 has. And you can go out there and now 410 00:20:34,560 --> 00:20:37,440 buy spot Bitcoin ETFs. Like I just think you know, so 411 00:20:37,440 --> 00:20:42,520 long as like macro data holds up and you know we still have fed 412 00:20:42,520 --> 00:20:45,720 rate cuts on the table, I find it very difficult to believe 413 00:20:45,720 --> 00:20:48,080 that people won't start doing that trade in more size and with 414 00:20:48,080 --> 00:20:49,840 more aggression as the year progresses. 415 00:20:51,520 --> 00:20:52,960 All right. Well, it looks like, oh, at 416 00:20:52,960 --> 00:20:56,280 least one wheel agrees with you. You know, transferring $200 417 00:20:56,280 --> 00:20:59,600 million from Coinbase to to their back to their hardware 418 00:20:59,600 --> 00:21:01,320 wallet. That's the other side of the 419 00:21:01,320 --> 00:21:03,560 story, right? That's that. 420 00:21:03,560 --> 00:21:06,280 We don't like to tell because it's not as funny as the Barry 421 00:21:06,280 --> 00:21:09,520 Silbert memes dumping on us every single time the market 422 00:21:09,520 --> 00:21:11,320 opens. But let me tell you every single 423 00:21:11,320 --> 00:21:17,480 time the show starts we've been just like going South and then 424 00:21:17,600 --> 00:21:21,280 you know we start catching up until the close at like 4:00 PM. 425 00:21:21,480 --> 00:21:24,480 But it's funny, it's just funny to watch now everything just 426 00:21:24,480 --> 00:21:29,520 correlate a little more to to more traditional markets here. 427 00:21:29,520 --> 00:21:34,880 So we will see where that takes us and that's about it for now. 428 00:21:35,160 --> 00:21:39,200 On this front, there was some news of like the the Binance 429 00:21:39,400 --> 00:21:42,160 Mando, what was it? The Binance then inflows at $4.6 430 00:21:42,200 --> 00:21:45,400 billion since US regular settlement and the CEO 431 00:21:45,400 --> 00:21:47,640 departure. What's happening in Binance 432 00:21:47,640 --> 00:21:48,920 these days? What's the? 433 00:21:48,920 --> 00:21:51,360 What's it? What's the What's what's 434 00:21:51,360 --> 00:21:55,120 happening there since since CZ? Well, let's see. 435 00:21:55,120 --> 00:21:59,120 What new CEO? They getting a getting a drink 436 00:21:59,120 --> 00:22:00,320 quickly. Sorry, I'm thirsty. 437 00:22:01,280 --> 00:22:03,840 But it's this is not an airport. You have to announce your 438 00:22:03,840 --> 00:22:08,000 departure. I think the Wall Street Journal 439 00:22:08,000 --> 00:22:10,400 put that a good piece which which was about Ceezy's 440 00:22:10,400 --> 00:22:12,040 girlfriend who's actually like running the show. 441 00:22:12,040 --> 00:22:15,200 I don't know if you know this at Bioneers a couple of months 442 00:22:15,200 --> 00:22:22,600 months ago or partner or it was either 14 or it was. 443 00:22:23,960 --> 00:22:25,920 I'll find it, don't worry. You'll find it. 444 00:22:27,160 --> 00:22:30,240 So I think he's still. Wall Street Journal yo, it's 445 00:22:30,240 --> 00:22:32,600 remember that that meme, like new CEO, is like CZ but with the 446 00:22:32,600 --> 00:22:34,600 mustache. CZ with the long hair, CZ with 447 00:22:34,600 --> 00:22:37,200 the thing. This is literally the meme so 448 00:22:37,240 --> 00:22:41,720 good. Yeah, the crypto queen pulling 449 00:22:41,720 --> 00:22:47,160 the strings at Binance. Ye He Yi Hei, a former talk show 450 00:22:47,160 --> 00:22:49,960 host, has sweeping control over the crypto giants, marketing and 451 00:22:49,960 --> 00:22:53,200 investment divisions. She's also founder Chang Chang 452 00:22:53,200 --> 00:22:55,520 Penzoz. So CC long time romantic 453 00:22:55,520 --> 00:22:57,400 partner. Yeah, I can't. 454 00:22:57,520 --> 00:22:59,040 It's a paywall so I can't go further. 455 00:22:59,480 --> 00:23:04,320 So I think obviously he still has some involvement in in the 456 00:23:04,320 --> 00:23:05,760 firm. He's obviously still a 457 00:23:05,760 --> 00:23:08,880 shareholder. We're still waiting to see how 458 00:23:08,880 --> 00:23:11,400 long he goes to prison for. I think he's still hanging out 459 00:23:11,400 --> 00:23:14,600 in Seattle. But the they've definitely seen 460 00:23:14,600 --> 00:23:20,120 inflows since since the lot. It's a settlement people I 461 00:23:20,120 --> 00:23:22,280 think, I don't know, I think people will definitely feel a 462 00:23:22,280 --> 00:23:25,520 little bit safer with finance since that's happened, right. 463 00:23:25,520 --> 00:23:27,320 It's going to be difficult for them to do something really bad 464 00:23:27,320 --> 00:23:30,920 now that they're basically on a constant watch in the from the 465 00:23:31,480 --> 00:23:36,040 DOJ. So yeah, people have felt, still 466 00:23:36,040 --> 00:23:37,880 felt OK with it. They're obviously pushing ahead 467 00:23:37,960 --> 00:23:41,120 as they were for a while with big build outs across Asia. 468 00:23:41,120 --> 00:23:44,720 They've made a big move into Japan, Thailand. 469 00:23:46,680 --> 00:23:49,640 They didn't win the contract I believe to like be the main 470 00:23:49,640 --> 00:23:54,200 exchange in in the UAE. I think that went to Coinbase 471 00:23:54,440 --> 00:23:56,800 potentially. I remember seeing Dubai like 472 00:23:57,240 --> 00:23:59,080 they basically said they want to move, move out. 473 00:23:59,080 --> 00:24:02,040 But yeah, there's obviously still a huge exchange. 474 00:24:02,040 --> 00:24:05,720 Their market share has been dropping throughout the course 475 00:24:05,720 --> 00:24:10,320 of 2023, but it has bounced back slightly since the DOJ thing. 476 00:24:10,320 --> 00:24:12,720 I mean Dubai's. Gonna have the wins change, 477 00:24:12,720 --> 00:24:13,720 right? So. 478 00:24:14,400 --> 00:24:18,040 Yeah, but there was something, there was some extra license 479 00:24:18,040 --> 00:24:20,880 basically as with all these countries, you know, you need to 480 00:24:20,920 --> 00:24:21,360 all. License. 481 00:24:21,360 --> 00:24:22,640 Yeah, I know. I know the guys got it. 482 00:24:23,360 --> 00:24:27,000 I know the guys got it, the the backpack guys, the mad lads. 483 00:24:27,000 --> 00:24:28,720 Yeah, they've got one, yeah. They've got one. 484 00:24:29,760 --> 00:24:32,360 They think this is Abu Dhabi there because obviously like the 485 00:24:32,360 --> 00:24:34,280 UE, it's also like different city states. 486 00:24:34,280 --> 00:24:36,480 So I think it was the Abu Dhabi 1 potentially. 487 00:24:37,000 --> 00:24:38,760 Yeah, yeah. No, I I see here. 488 00:24:38,760 --> 00:24:39,600 I see. Yeah, you're right. 489 00:24:39,600 --> 00:24:41,840 It's the Abu Dhabi license actually. 490 00:24:42,280 --> 00:24:44,440 So, OK, so I guess we'll see what happens in that front. 491 00:24:44,440 --> 00:24:47,120 But hey, I guess it's good to see more infos going in at 492 00:24:47,120 --> 00:24:49,040 least. Usually, yeah, balance is not 493 00:24:49,040 --> 00:24:51,760 going down like. Wait, what? 494 00:24:51,840 --> 00:24:53,360 I thought. I thought there was like this 495 00:24:53,360 --> 00:24:55,600 guy writing threads all year last year saying it's going 496 00:24:55,600 --> 00:24:56,560 down. How is it? 497 00:24:56,560 --> 00:25:00,120 What 4 looks? Looks like we're doing fine. 4. 498 00:25:00,600 --> 00:25:02,040 Which juice did you get there? What are you? 499 00:25:02,160 --> 00:25:08,160 Drinking. Super smoothie mangoes, Peaches, 500 00:25:08,200 --> 00:25:11,280 apricots and apples. You know, you're literally like 501 00:25:11,280 --> 00:25:16,280 such a like odyssey, like that's all time highs or lows. 502 00:25:16,280 --> 00:25:18,840 You announcing that you're thirsty, so you're going to go 503 00:25:18,840 --> 00:25:21,440 get a drink like in the middle of like, talking. 504 00:25:21,440 --> 00:25:22,840 Don't want don't want to be rude. 505 00:25:22,840 --> 00:25:25,240 Don't want to be rude. He's a big mango guy. 506 00:25:25,920 --> 00:25:26,880 You are. You know what? 507 00:25:27,320 --> 00:25:30,520 I I don't like mangoes, but I have to say dried mangoes. 508 00:25:32,080 --> 00:25:34,160 I had to stop because. You're like mango is very good, 509 00:25:34,520 --> 00:25:41,240 like underrated snack, yeah. It's like, what if OSF great, 510 00:25:41,240 --> 00:25:44,560 great grandfathers apparently live till like 150 just eating 511 00:25:44,560 --> 00:25:46,880 mangoes. So OSF just mangoes? 512 00:25:47,440 --> 00:25:50,120 Man, the guy is like just like sipping his juice and making 513 00:25:50,120 --> 00:25:51,920 this sound. That's gonna. 514 00:25:52,840 --> 00:25:54,720 Look, here we are like trying to look all serious now. 515 00:25:54,720 --> 00:25:56,480 Like we're adding like our streams on the crypt and 516 00:25:56,480 --> 00:26:02,320 everything, and this is so good. Anyways, why don't we talk about 517 00:26:02,320 --> 00:26:07,080 the other topic today, which was God, it's not Sunday and it's 518 00:26:07,080 --> 00:26:08,960 not time for Shabbat candles. Friday. 519 00:26:08,960 --> 00:26:13,920 It is Monday, though, and so over the weekend it went viral 520 00:26:17,760 --> 00:26:21,920 and looks like this pastor. What's the story Mendoza he was 521 00:26:21,920 --> 00:26:27,600 like? He created a shit coin along 522 00:26:27,600 --> 00:26:33,040 with his wife and he it came out over the weekend that he was now 523 00:26:33,040 --> 00:26:37,160 facing a lawsuit, a civil lawsuit from the Colorado 524 00:26:37,160 --> 00:26:43,320 Securities Commission. And then he took to to a video 525 00:26:43,320 --> 00:26:44,880 to defend itself. I think we should just listen to 526 00:26:44,880 --> 00:26:46,440 the whole video because it's probably some of the best 527 00:26:46,520 --> 00:26:49,320 content I've ever listened to. So primarily why an online 528 00:26:49,320 --> 00:26:52,760 pastor was charged in Colorado for $1.3 million crypto scam. 529 00:26:52,880 --> 00:26:56,360 He's released a 9 minute long video explaining that the Lord 530 00:26:56,360 --> 00:26:58,920 told him to sell a cryptocurrency with nuclear exit 531 00:26:59,200 --> 00:27:01,760 and spend some of the proceeds on a home remodel. 532 00:27:02,000 --> 00:27:05,480 The Lord told us to do so, so that's a quick like 2 minute 533 00:27:05,480 --> 00:27:06,280 cut. Enjoy. 534 00:27:06,280 --> 00:27:07,680 Y'all. And if you don't know, we're on 535 00:27:07,680 --> 00:27:10,680 video as well, so join the Xvideos or YouTube as well. 536 00:27:11,080 --> 00:27:13,880 Civil charge from the Colorado Securities and Exchange 537 00:27:13,880 --> 00:27:16,400 Commission for basically selling millions of dollars worth of 538 00:27:16,400 --> 00:27:19,440 cryptocurrency that is deemed worthless by the state. 539 00:27:20,120 --> 00:27:22,120 Now the reason that they're saying that it's worthless is 540 00:27:22,120 --> 00:27:25,560 because there is no exit for people who have bought. 541 00:27:26,800 --> 00:27:29,560 We launched an exchange, the exchange technology failed, 542 00:27:29,720 --> 00:27:32,360 things went downhill. And from that point forward, 543 00:27:32,360 --> 00:27:34,600 we've just been, we've just been waiting on the Lord literally 544 00:27:34,600 --> 00:27:38,040 for a miracle. So the charges are that Caitlin 545 00:27:38,040 --> 00:27:41,280 and I pocketed $1.3 million, and I just want to come out and say 546 00:27:41,280 --> 00:27:45,520 that those charges are true. So there's $1.3 million that's 547 00:27:45,520 --> 00:27:47,560 been taken out of. I think there's a total of 3.4 548 00:27:47,560 --> 00:27:49,560 million. But out of that 1.3, half 549 00:27:49,560 --> 00:27:53,720 $1,000,000 went to the IRS and a few $100,000 went to a home 550 00:27:53,720 --> 00:27:55,160 remodel that the Lord told us to do. 551 00:27:56,560 --> 00:28:00,240 So how this whole thing started is the Lord told us in 21 to 552 00:28:00,240 --> 00:28:02,480 walk away from our marketing company and he said I'm going to 553 00:28:02,480 --> 00:28:05,640 do a new thing and then he took us into this cryptocurrency. 554 00:28:05,640 --> 00:28:07,520 It was a different cryptocurrency other than Index 555 00:28:07,520 --> 00:28:09,680 Co at the time. Well, that cryptocurrency turned 556 00:28:09,680 --> 00:28:13,400 out to be a scam. And so the Lord says give that 557 00:28:13,400 --> 00:28:17,160 to him, but also give them a 10X and I'm like, well, where's this 558 00:28:17,160 --> 00:28:19,240 liquidity going to come from? And the Lord says, Trust me. 559 00:28:19,680 --> 00:28:22,560 Trust me on the AS when he's. Coming in, we would be sewing 560 00:28:22,560 --> 00:28:24,680 it, and at first it was hundreds of dollars and thousands of 561 00:28:24,680 --> 00:28:26,520 dollars and thousands of dollars. 562 00:28:27,200 --> 00:28:29,280 When he would come in, we tied, we sew, more money would come in 563 00:28:29,280 --> 00:28:30,400 and so we. Were just always under the 564 00:28:30,400 --> 00:28:32,040 impression. That God was going to provide, 565 00:28:32,040 --> 00:28:33,200 that the source was never ending. 566 00:28:33,200 --> 00:28:36,680 That God was doing a new thing and that we had nothing to worry 567 00:28:36,680 --> 00:28:40,720 about and. We sold. 568 00:28:41,520 --> 00:28:44,160 A cryptocurrency with no clear exit? 569 00:28:44,880 --> 00:28:47,280 We did. He put God at his word and sold 570 00:28:47,280 --> 00:28:48,600 a cryptocurrency with no clear exit. 571 00:28:49,000 --> 00:28:52,120 And so the prosecutors have to take that and say these people 572 00:28:52,120 --> 00:28:54,560 willingly sold a cryptocurrency with no clear exit. 573 00:28:55,240 --> 00:28:57,920 But we're praying for, and what we're believing for still is 574 00:28:57,920 --> 00:28:59,680 that God is going to do a miracle. 575 00:28:59,960 --> 00:29:02,480 God is going to work a miracle in the financial sector. 576 00:29:03,920 --> 00:29:08,600 Oh my God, that is hold on. But that is insane. 577 00:29:09,720 --> 00:29:11,240 Is the best line I think I've ever heard. 578 00:29:11,800 --> 00:29:15,200 So half $1,000,000 went to ERS, and the couple, a few $100,000 579 00:29:15,200 --> 00:29:17,240 went to home modeling that the Lord told us to do. 580 00:29:17,240 --> 00:29:20,600 You know what I mean? Like, I mean, that makes sense, 581 00:29:20,600 --> 00:29:22,760 right, Mando? Like has the Lord ever told you 582 00:29:22,760 --> 00:29:25,240 to take profits? I just loved it. 583 00:29:25,240 --> 00:29:26,920 I just loved every word of it. I actually do. 584 00:29:26,920 --> 00:29:28,200 You know what? I haven't looked into what the 585 00:29:28,200 --> 00:29:31,600 coin was, but we should, we should try and see if it's been 586 00:29:31,600 --> 00:29:33,520 pumping. I bet you it's been pumping. 587 00:29:33,920 --> 00:29:36,360 Yo, hold on. For what it's worth, please be 588 00:29:36,360 --> 00:29:41,480 careful here. Lord the Lord, the Lord said, 589 00:29:41,480 --> 00:29:47,240 Give them a 10X. That was the best part. 590 00:29:47,840 --> 00:29:50,440 I mean, the Lord told them so that yeah. 591 00:29:50,440 --> 00:29:52,560 I mean they got rugged on the previous chord and the Lord told 592 00:29:52,560 --> 00:29:54,440 them to just launch a new token and get a home. 593 00:29:54,640 --> 00:29:57,000 I mean, that home looked nice. It looks like they have a nice 594 00:29:57,000 --> 00:29:59,720 beautiful view in the background, given that that was 595 00:29:59,720 --> 00:30:01,800 not a fake one of the Lord. Said. 596 00:30:01,920 --> 00:30:07,080 Give them a 10X, dude. Yeah, I mean I wish, you know, I 597 00:30:07,080 --> 00:30:10,640 wish the Lord would give me a 10X, you know, it's it would be 598 00:30:10,640 --> 00:30:12,440 really cool. For the show, for the show. 599 00:30:12,440 --> 00:30:15,720 Sorry for the for the Lord to come in and give me a 10X would 600 00:30:15,720 --> 00:30:19,320 be great because so far the Lord you know could could do a little 601 00:30:19,320 --> 00:30:22,880 better up there, do a little better you know. 602 00:30:23,120 --> 00:30:26,280 Anyways, so moving on, moving on, that was a crazy. 603 00:30:26,320 --> 00:30:28,560 Thing One of my favorite things that's happened for over the 604 00:30:28,560 --> 00:30:29,880 last few months. Just just. 605 00:30:30,360 --> 00:30:32,000 I have. I have to agree with you this is 606 00:30:32,000 --> 00:30:35,960 this is honestly just perfect and and it's just like you it is 607 00:30:35,960 --> 00:30:38,520 like he fully believes his own bullshit and like there's Zach 608 00:30:38,520 --> 00:30:43,880 Gibiti posted a comment after this and and he posted comments 609 00:30:43,880 --> 00:30:47,440 of people like sending him him like you know sending him a 610 00:30:47,440 --> 00:30:50,280 bunch of like respect. I'm actually looking onto Reddit 611 00:30:50,280 --> 00:30:52,600 right now. Colorado pastor targets 612 00:30:52,600 --> 00:30:54,840 congregation and $3.2 million scheme. 613 00:30:54,840 --> 00:31:01,000 It says here on on Reddit and I'm just I'm just trying to find 614 00:31:01,000 --> 00:31:03,280 what token it is. I can't find the token either, 615 00:31:03,280 --> 00:31:05,080 like it wasn't immediately obvious to me, but. 616 00:31:06,480 --> 00:31:08,400 I can't. I can't find it. 617 00:31:08,520 --> 00:31:11,440 A pastor in Bryant, Ohio is. Facing said it like index coin 618 00:31:11,440 --> 00:31:13,160 or something like that but. Then index was the one they 619 00:31:13,160 --> 00:31:19,920 bought before, right rug gun. And therefore therefore the Lord 620 00:31:19,920 --> 00:31:22,800 told them to make his own. So that index thing he's talking 621 00:31:22,800 --> 00:31:25,120 about was not the one he made, it's the one that he. 622 00:31:25,720 --> 00:31:27,160 All right. That was the one previous, 623 00:31:27,400 --> 00:31:29,520 right? Right, which is where there's a 624 00:31:29,520 --> 00:31:31,320 pop up saying we did not make this coin. 625 00:31:31,600 --> 00:31:34,040 But anyway, hey, the last the only thing we could do. 626 00:31:34,040 --> 00:31:36,680 Melissa's right and the comment is pray for our bags and the 627 00:31:36,680 --> 00:31:39,560 Lord will give us a 10X. That is the way ladies and 628 00:31:39,560 --> 00:31:42,360 gentlemen, This is why we talk about Shabbat candles on Friday 629 00:31:42,360 --> 00:31:46,080 and Saturday and and you know, and why we trade chick corns on 630 00:31:46,080 --> 00:31:47,800 Sunday. Anyways, OV, what are you 631 00:31:47,800 --> 00:31:50,280 drinking now? Drink number two, another mango 632 00:31:50,280 --> 00:31:53,240 based drink I think. Yes, Spark Sparkling Mango 633 00:31:54,240 --> 00:31:56,720 fucking mangoes. That fucking loves mangoes. 634 00:31:57,200 --> 00:31:59,200 I'm really, I'm really, I'm really thirsty, man. 635 00:31:59,200 --> 00:32:01,880 And I don't drink. I'm really bad drinking water. 636 00:32:01,880 --> 00:32:04,680 But sometimes I found water isn't enough need like something 637 00:32:04,680 --> 00:32:05,520 sugary. But yeah, we. 638 00:32:06,040 --> 00:32:07,840 Used to go for smoothies regularly. 639 00:32:08,200 --> 00:32:09,320 We did go for smoothies regularly. 640 00:32:09,320 --> 00:32:11,320 Famously, Yes, I. Think it's cute? 641 00:32:11,800 --> 00:32:14,240 You guys are cute. Anyways, last but not least, 642 00:32:14,240 --> 00:32:16,120 let's talk about NFTS a little bit, lads. 643 00:32:16,120 --> 00:32:18,400 Let's yeah, let's do a little NFT roundup. 644 00:32:18,400 --> 00:32:20,600 I mean, this roundup has to start with crypto pawns, right? 645 00:32:20,880 --> 00:32:24,840 I mean, if you have a PFP, if you have a PFP on your 150K, 646 00:32:24,840 --> 00:32:28,720 don't add me, you K don't. You know what is it? 647 00:32:28,920 --> 00:32:30,120 If you have it, what's the pasta? 648 00:32:30,120 --> 00:32:32,120 If you have IFT under 100K, Don't. 649 00:32:33,240 --> 00:32:34,440 Don't. Don't talk to me. 650 00:32:35,120 --> 00:32:36,560 Don't, don't, don't add me, don't anything. 651 00:32:36,560 --> 00:32:39,600 Hey, it looks that looks like a heavy, like a like a quite 652 00:32:39,600 --> 00:32:43,080 healthy crypto punk floor to me. So what happened this weekend is 653 00:32:43,080 --> 00:32:44,600 that the crypto punk just went berserk. 654 00:32:45,000 --> 00:32:52,040 They're now they're not 100 at $153,000, but 65 ETH and some 655 00:32:52,040 --> 00:32:57,200 insane insane volume going on these punks all weekend long. 656 00:32:57,200 --> 00:33:00,120 I mean a bid just came in for $1 million for a zombie right now 657 00:33:00,120 --> 00:33:04,040 actually during the show and it's look, it's just been great 658 00:33:04,040 --> 00:33:05,200 to see. I mean, if you look at the last 659 00:33:05,200 --> 00:33:08,280 sales here on the screen, they're all big. 660 00:33:08,600 --> 00:33:11,200 A lot of them are big. Salesman, another 3D glasses 661 00:33:11,200 --> 00:33:12,200 here. Oh yeah, I know you. 662 00:33:12,400 --> 00:33:16,600 That's that's your stuff. 3D here going from 91, E man big 663 00:33:16,760 --> 00:33:18,560 beards. You got top hat. 664 00:33:18,560 --> 00:33:21,480 Mando the Mando punk sold the top hat. 665 00:33:21,480 --> 00:33:24,040 So I mean this string of sales here is insane. 666 00:33:25,320 --> 00:33:28,440 A2 back-to-back. Cowboys at like over tourniquet. 667 00:33:28,440 --> 00:33:32,880 Top hats over 202 back-to-back. Sorry, three back-to-back to 668 00:33:32,880 --> 00:33:35,680 back. Hoodies above $400,000. 669 00:33:36,600 --> 00:33:39,520 The punks are flying lads. I mean the feroke punk My last 670 00:33:39,520 --> 00:33:42,720 punks sold this weekend as well the one I sold to upgrade for 671 00:33:42,720 --> 00:33:46,280 the current one. Love to see my son trading hands 672 00:33:46,280 --> 00:33:48,920 here, but but this is cool to see and it seems like there's a 673 00:33:48,920 --> 00:33:52,000 fun that's involved in this that has been buying up a lot of 674 00:33:52,000 --> 00:33:53,480 punk. So it's like 1 wallet that's 675 00:33:53,480 --> 00:33:56,760 buying and bidding on a ton of punks but also a lot of people 676 00:33:56,760 --> 00:33:59,760 following. And then punks OTC just you know 677 00:34:00,480 --> 00:34:04,360 sending a $5,000,000 bid on a on a on a alien punk which is 678 00:34:04,360 --> 00:34:08,800 Perugia's punk and a bunch of ape punks also catching some big 679 00:34:08,800 --> 00:34:10,159 bids here. I mean, what do we think here 680 00:34:10,159 --> 00:34:14,040 boys, this is, is this is usually a sign of health in the 681 00:34:14,040 --> 00:34:16,679 NFT marketplace do. You know who this fund is. 682 00:34:16,679 --> 00:34:18,920 That was tough. No, I'm not sure. 683 00:34:19,000 --> 00:34:22,320 I don't know. I don't know who's who's. 684 00:34:23,320 --> 00:34:25,239 No, I don't know. Yeah, clearly. 685 00:34:25,239 --> 00:34:28,199 Clearly someone's come in with some money opening up an FC. 686 00:34:28,280 --> 00:34:29,480 Punk. This is the punk. 687 00:34:29,480 --> 00:34:33,320 They've bought this one wallet, bought 9 punks, and it's not a 688 00:34:33,320 --> 00:34:36,320 single full punk in there. Yeah, no, it's at least someone 689 00:34:36,320 --> 00:34:39,400 who knows punks. Someone who knows punks, a lot 690 00:34:39,400 --> 00:34:43,360 of mid tier ones, some of the like things like top hats which 691 00:34:43,639 --> 00:34:46,000 look undervalued to me if I'm honest. 692 00:34:46,560 --> 00:34:47,360 I mean. This is you. 693 00:34:48,360 --> 00:34:52,280 Some of the other undervalued traits, yeah, it just seemed to 694 00:34:52,280 --> 00:34:53,960 seemed to have moved. So yeah. 695 00:34:54,000 --> 00:34:56,320 And then you've had some like actually realistic bids on some 696 00:34:56,320 --> 00:34:58,880 of the 8 punks. So I think I saw. 697 00:34:59,600 --> 00:35:02,200 You saw this one, got a bid and then snow for a road over the 698 00:35:02,200 --> 00:35:04,600 weekend that it's not for sale. But that was such a chat tweet. 699 00:35:05,160 --> 00:35:08,600 Yeah, but there's been a quite a few quite big bids for a punks 700 00:35:08,600 --> 00:35:11,680 and maybe we'll see one of those trade definitely feels as 701 00:35:11,680 --> 00:35:14,840 though, yeah, it's heating up cryptic punks going to 65 floor. 702 00:35:15,320 --> 00:35:18,680 It's just crazy that that like they are just so far ahead again 703 00:35:19,400 --> 00:35:22,800 like compared to there was a period obviously where there was 704 00:35:22,800 --> 00:35:25,600 a few different things looking like they could move like that 705 00:35:25,600 --> 00:35:31,840 and crypto punks are now basically 3X apes, right? 706 00:35:31,880 --> 00:35:37,600 That's that's kind of wild, very, very big move and wow. 707 00:35:38,080 --> 00:35:39,480 Look at those bids. These are all bids. 708 00:35:39,480 --> 00:35:43,840 These are all live bids. There's four bids on 4 fucking 709 00:35:44,000 --> 00:35:45,280 hoodies. And for those who don't know, 710 00:35:45,760 --> 00:35:47,960 you cannot place a collection bid in punks. 711 00:35:48,480 --> 00:35:52,000 They can't just bid 250 ETH on the hoodie and have it all 712 00:35:52,000 --> 00:35:54,840 hoodies. It's one person bidding 1000 ETH 713 00:35:55,320 --> 00:36:00,120 because they have to do it four times like it's pretty Chad. 714 00:36:00,280 --> 00:36:02,560 When you look at the amount of money in bids and punks like 715 00:36:02,560 --> 00:36:05,080 they're all individual. There's no such thing as a as a 716 00:36:05,080 --> 00:36:07,360 collection bid on punks which is really impressive. 717 00:36:09,440 --> 00:36:12,880 Something you love to see right. Where's the alien punk that 718 00:36:12,880 --> 00:36:15,880 caught a big bid but that was that was punk's I got. 719 00:36:15,880 --> 00:36:17,920 Dude, this guy's like moving markets man. 720 00:36:17,920 --> 00:36:19,720 Like the the way these people bid over there. 721 00:36:19,720 --> 00:36:21,080 What is it? You saw this tweet like I said 722 00:36:21,080 --> 00:36:24,800 91,000 ETH in volume which pretty well but this was the 723 00:36:24,800 --> 00:36:28,600 punk here for Ojas that got a bid withdrawn now but it was 724 00:36:28,800 --> 00:36:33,880 1700 ETH over the weekend. Oh, big, big punk weekend over 725 00:36:33,880 --> 00:36:35,640 here. Big Punk weekend, well. 726 00:36:36,320 --> 00:36:39,240 Over the over over the weekend. Uh oh. 727 00:36:39,960 --> 00:36:43,600 Is that going? Over the weekend I was in Disney 728 00:36:43,600 --> 00:36:48,960 World and God came to me and said, Benny, you need to build a 729 00:36:48,960 --> 00:36:54,280 tunnel. You need to build a tunnel to 730 00:36:54,280 --> 00:36:57,560 show the light for punks, and you need to show and build a 731 00:36:57,560 --> 00:37:00,680 tunnel to show the light that we will be pumping. 732 00:37:01,120 --> 00:37:02,560 And he told me this in Disney World. 733 00:37:02,880 --> 00:37:07,560 So I've built a tunnel from here back to New York, just so you 734 00:37:07,560 --> 00:37:10,960 know, and I am ready for what's about to happen. 735 00:37:10,960 --> 00:37:13,560 I hope people are also because they need to understand that 736 00:37:13,960 --> 00:37:17,080 this is, this is not some small little sign. 737 00:37:17,080 --> 00:37:18,960 This is God telling us. I'm going to tell you a very 738 00:37:18,960 --> 00:37:20,840 quick story. One day there was a man 739 00:37:20,840 --> 00:37:23,320 drowning, OK, Because it was a flood. 740 00:37:23,600 --> 00:37:26,240 OK Do you guys know this story? There was a flood and someone 741 00:37:26,240 --> 00:37:28,120 said, hey, I'll save you. And the guy said, no, God's 742 00:37:28,120 --> 00:37:30,320 coming to save me. And then a guy with the boat 743 00:37:30,320 --> 00:37:32,840 came and he said, no, it's fine, God's going to save me. 744 00:37:32,840 --> 00:37:35,880 Then a helicopter came. He said, no, no, no, no, God 745 00:37:35,880 --> 00:37:37,280 will save me. And then he died and went to 746 00:37:37,280 --> 00:37:39,240 heaven. And God said, why? 747 00:37:39,240 --> 00:37:41,240 What happened? He's like, you were supposed to 748 00:37:41,240 --> 00:37:42,880 save me. He said, well, I sent you a boat 749 00:37:42,880 --> 00:37:45,240 and a helicopter. That's what's happening right 750 00:37:45,240 --> 00:37:47,640 now. God is sending us the messages 751 00:37:47,640 --> 00:37:51,360 and we are not listening. So if you, you have to listen. 752 00:37:51,840 --> 00:37:53,520 Give him a 10X man. Listen to God. 753 00:37:56,640 --> 00:37:58,760 Listen to God. I mean it's So what is the moral 754 00:37:58,760 --> 00:38:02,520 of the story is that he's sending us messages. 755 00:38:03,000 --> 00:38:05,080 He's he's pumping. He's pumping. 756 00:38:05,080 --> 00:38:07,160 He's pumping. Listen, this guy, he made $1.8 757 00:38:07,160 --> 00:38:09,320 million. God told him to make it. 758 00:38:09,720 --> 00:38:11,800 We have punks pumping everything. 759 00:38:11,800 --> 00:38:13,520 He's telling us. He's telling us it's there. 760 00:38:13,520 --> 00:38:16,160 It's there for us to see. But yet we aren't listening to 761 00:38:16,160 --> 00:38:18,440 him. We have to listen. 762 00:38:19,320 --> 00:38:21,760 Yeah, I mean, we definitely have to listen. 763 00:38:22,480 --> 00:38:26,280 Speaking of listening, I mean this just in, well, not just in, 764 00:38:26,280 --> 00:38:31,720 but this is 20 minutes in. What was it? 765 00:38:31,720 --> 00:38:36,640 Barry Silbert, Grayscale moved $900 million in Bitcoin on 766 00:38:36,640 --> 00:38:38,200 exchange. So. 767 00:38:39,280 --> 00:38:43,920 So brace yourselves because that is God sending us another 768 00:38:43,920 --> 00:38:46,840 message here. He's sending us another fucking 769 00:38:46,840 --> 00:38:49,920 boat. The thing is there is $20 770 00:38:49,920 --> 00:38:52,920 billion worth of boats coming our way until the halving. 771 00:38:54,720 --> 00:38:57,360 So. So you know, it's a lot of 772 00:38:57,360 --> 00:39:01,440 boats, it's a lot of boats. But to Betty's point, when Q3 773 00:39:01,440 --> 00:39:04,880 comes, Q4 comes and everything's going crazy. 774 00:39:05,280 --> 00:39:08,920 Don't say that God didn't send you a message on chain messages. 775 00:39:08,920 --> 00:39:11,560 By the way, Benny, we're getting our messages on chain this year 776 00:39:12,920 --> 00:39:16,680 that he didn't try to save you. So Benny, those are some wise 777 00:39:16,680 --> 00:39:20,560 words here, my good friend. Thank you for preaching here. 778 00:39:20,560 --> 00:39:23,800 I think we're going to need you more often as we honestly are 779 00:39:23,800 --> 00:39:26,240 just constantly getting dumped on during the show. 780 00:39:26,560 --> 00:39:30,240 It's the show is just at the exact time where these guys are, 781 00:39:30,240 --> 00:39:33,560 like completely obliterating the price of Bitcoin. 782 00:39:34,040 --> 00:39:35,960 How's the one second ticker going? 783 00:39:35,960 --> 00:39:38,040 OV. Not great. 784 00:39:39,120 --> 00:39:40,600 I'm watching it right now. It's not great. 785 00:39:41,760 --> 00:39:45,680 Oh man, that is so. Fun Even Eric quote tweeted that 786 00:39:45,680 --> 00:39:48,600 tweet and said Damn, this has been a pretty solid indicator of 787 00:39:48,600 --> 00:39:49,880 nightly flows to break yourselves. 788 00:39:49,880 --> 00:39:51,920 I doubt are. You just realising this like 789 00:39:52,000 --> 00:39:55,240 these guys were like praising like GBTC 2 weeks ago and I was 790 00:39:55,240 --> 00:39:57,520 like do you guys know what GBTC has done to us? 791 00:39:58,760 --> 00:40:02,480 They said they doubt the Nike $900 million in one day, the 792 00:40:02,480 --> 00:40:03,480 9:00. Sounds like it's. 793 00:40:03,480 --> 00:40:05,880 Going to be, yeah, The nine. What are they? 794 00:40:05,880 --> 00:40:07,920 Calling it No, it's just something, right? 795 00:40:07,920 --> 00:40:10,040 It's the nine but. It's like the the newborn, the 796 00:40:10,040 --> 00:40:12,640 newborn, the 9 newborns. Newborn nine. 797 00:40:13,080 --> 00:40:14,240 I think the nine is better at 4:00. 798 00:40:14,760 --> 00:40:17,600 It's like a it's like a 70s, like go bad or something. 799 00:40:18,240 --> 00:40:20,560 I mean, I mean, look at our go. Look at our go. 800 00:40:20,560 --> 00:40:21,840 I mean, we are. Wow. 801 00:40:22,120 --> 00:40:24,520 Anyway, so back, maybe. Maybe someone wants to buy it. 802 00:40:24,520 --> 00:40:26,440 Maybe they've agreed this, maybe they've agreed the trade and 803 00:40:26,440 --> 00:40:27,840 someone. Someone's buying off them. 804 00:40:29,560 --> 00:40:32,320 Yeah, maybe Larry thinks like, listen, like I'll buy all the 805 00:40:32,320 --> 00:40:34,600 Bitcoin you have at 38 K, then fuck off. 806 00:40:34,760 --> 00:40:36,560 Maybe. Maybe they don't know. 807 00:40:36,560 --> 00:40:39,400 Like, maybe they're not trying to sell the whole lot. 808 00:40:40,080 --> 00:40:41,800 And Larry's like, how much have you got to go there? 809 00:40:41,800 --> 00:40:43,240 Like 900 mil. They were like, well, would you 810 00:40:43,240 --> 00:40:45,560 here for it? And they're like, and he's like, 811 00:40:45,560 --> 00:40:47,520 cool done, yeah. Larry versus Harry. 812 00:40:47,920 --> 00:40:49,560 Is it Larry versus Barry? Yeah. 813 00:40:49,760 --> 00:40:52,920 Hazza versus Pazza. My money's on Larry Barry's. 814 00:40:52,920 --> 00:40:55,680 Just like, anyways, Barry's just a scammer. 815 00:40:56,400 --> 00:41:01,360 Anyways, back to the NFT front. Back to the NFT front. 816 00:41:01,520 --> 00:41:03,720 That was a lot more fun, right? Let's talk about JPEG, because 817 00:41:03,720 --> 00:41:06,200 Jpeg's are. A bunch of other like the other 818 00:41:06,200 --> 00:41:08,800 stuff that moved crypto One deads did a 3X. 819 00:41:08,800 --> 00:41:12,000 The Lord said give them a 3X they they're they're up to 13. 820 00:41:12,000 --> 00:41:15,600 Seoul you saw from bananas they had a decent move over the 821 00:41:15,600 --> 00:41:20,000 weekend Cool Gats had a massive sweep 40% I think they were they 822 00:41:20,000 --> 00:41:25,360 moved higher or 50% couple of big sweeps by Pablo Poncasso and 823 00:41:25,360 --> 00:41:28,080 a couple of others. So that those those moved. 824 00:41:28,080 --> 00:41:30,880 I didn't really see anything why that moved so maybe maybe 825 00:41:30,880 --> 00:41:33,000 there's some. I always feel like with the cool 826 00:41:33,000 --> 00:41:35,960 cats whenever anyone buys a cool cat it's because there's insider 827 00:41:35,960 --> 00:41:38,160 information that's what that's the first thing that everyone 828 00:41:38,160 --> 00:41:39,680 thinks. It's like, what's going on in 829 00:41:39,680 --> 00:41:40,840 cool cats? I think I. 830 00:41:42,080 --> 00:41:44,680 Mean you could say, I mean doodles are now up to 2.3. 831 00:41:44,680 --> 00:41:49,960 So wonder what the news is. Pandas have been grinding up 832 00:41:50,120 --> 00:41:53,080 organic like organically. That's been one of the ones I've 833 00:41:53,280 --> 00:41:55,800 I I I generally watch pandas like once a week like go through 834 00:41:55,800 --> 00:41:57,720 the floor and everything just look at like what's going on. 835 00:41:58,080 --> 00:42:01,400 Obviously Iceberg's Cooking with camp on Media only have one, so 836 00:42:01,400 --> 00:42:02,720 not even bike bias at this stage. 837 00:42:03,560 --> 00:42:06,440 So it's. Doing well, good projects, 838 00:42:06,880 --> 00:42:08,280 obviously. Working hard on it And two 839 00:42:08,280 --> 00:42:10,400 weeks, Yeah, it seems like it's a decent spot. 840 00:42:10,400 --> 00:42:12,600 And then you have some big generative art sweeps. 841 00:42:12,600 --> 00:42:15,680 A couple of Fidenzas got swept. A bunch of squiggles got swept 842 00:42:15,680 --> 00:42:18,200 by Flamingo Dow. Uniforms is flying too. 843 00:42:18,920 --> 00:42:21,360 Terraforms yeah, so Gen. R definitely had a bit of a 844 00:42:21,360 --> 00:42:25,320 weekend, or at least from Friday like evening onwards. 845 00:42:25,320 --> 00:42:28,680 So like, yeah, definitely has been a busy busy period for 846 00:42:29,840 --> 00:42:32,000 cross entities. And then the last thing, but not 847 00:42:32,000 --> 00:42:35,240 least on Bitcoin you guys should check your wallets because you 848 00:42:35,240 --> 00:42:37,800 have have you guys have you guys have active ordinal wallets. 849 00:42:37,800 --> 00:42:42,480 So someone air dropped an NFT an ordinal and I just checked my 850 00:42:42,480 --> 00:42:44,080 wallet earlier and I was like what is this? 851 00:42:44,200 --> 00:42:48,680 And it's this thing here and the AirDrop this thing Rsic 852 00:42:48,680 --> 00:42:51,640 protocol. And I saw Tyler tweet about this 853 00:42:51,640 --> 00:42:56,120 because Leonidas Leonidas. So if you have been an active, 854 00:42:56,760 --> 00:43:00,120 if you've been active in ordinals, it seems like everyone 855 00:43:00,320 --> 00:43:06,400 So 21,000 wallets got an AirDrop by rune Rune coin. 856 00:43:06,400 --> 00:43:09,960 Sorry and he's saying here that I thought that was interesting. 857 00:43:09,960 --> 00:43:12,880 So honestly, like if you have an active or if you bought puppets 858 00:43:12,880 --> 00:43:15,360 or monkeys or whatever in the last I bought mine when like 2 859 00:43:15,360 --> 00:43:16,480 weeks ago. It's been since I bought my 860 00:43:16,480 --> 00:43:20,160 puppets. So I got it and so it says. 861 00:43:20,160 --> 00:43:23,480 The way the RSI See AirDrop by Runecorn was done is really neat 862 00:43:23,480 --> 00:43:25,640 and I hope airdropping onto Oronos communique becomes a 863 00:43:25,640 --> 00:43:27,040 trend. But this type of market needs to 864 00:43:27,040 --> 00:43:29,480 be called out. This is the first ever rune on 865 00:43:29,480 --> 00:43:31,600 Bitcoin. I don't know what any of this 866 00:43:31,600 --> 00:43:33,920 means by the way. It's one most. 867 00:43:33,960 --> 00:43:36,000 Yeah, tell us. So this isn't the rune that 868 00:43:36,000 --> 00:43:37,920 you've heard of? No, I know I. 869 00:43:38,120 --> 00:43:43,840 Know this is not Thor chain. This is the new this is the new 870 00:43:43,840 --> 00:43:49,520 protocol by Casey, which is potentially competing to be our 871 00:43:49,520 --> 00:43:53,320 C 20s. It's his own version of like 872 00:43:53,320 --> 00:44:01,480 creating a a fungible token protocol on. 873 00:44:01,480 --> 00:44:03,720 But I think you can also do various other things with it. 874 00:44:03,720 --> 00:44:07,320 But yeah, Brune is we should get them back on to to like explain 875 00:44:07,320 --> 00:44:11,880 what is basically it's a new protocol for for tokens on on 876 00:44:12,240 --> 00:44:15,080 Bitcoin. It's known definitely for 877 00:44:15,080 --> 00:44:18,840 fungible tokens as like maybe a competitor to BRC 20s. 878 00:44:20,320 --> 00:44:22,640 But I think it can extend to various different things. 879 00:44:22,640 --> 00:44:25,320 So this is this what as you said this is a form of marketing for 880 00:44:25,320 --> 00:44:26,760 them. So like they're using this as a 881 00:44:26,760 --> 00:44:28,920 form of marketing for their new to the new protocol. 882 00:44:28,920 --> 00:44:30,560 This is breaking. The person who just AirDrop 883 00:44:30,560 --> 00:44:33,000 21,000 inscriptions to the ordinals community just 884 00:44:33,000 --> 00:44:35,520 published this on chain message explaining that this is part of 885 00:44:35,520 --> 00:44:39,720 the game called RSIC where holders will be allocated future 886 00:44:39,720 --> 00:44:43,840 rune tokens and the parents sat. The parent of the message is 887 00:44:43,840 --> 00:44:47,160 inscription 126, which indicates it's an OG behind this or 888 00:44:47,160 --> 00:44:49,800 someone bought it from an OG two days ago when it got 889 00:44:49,800 --> 00:44:52,320 transferred. And so I don't know what's going 890 00:44:52,320 --> 00:44:57,120 on there, but hey, check your wallets because it's worth point 891 00:44:57,120 --> 00:45:02,600 O to Bitcoin this morning, which was the price of a puppet that 892 00:45:02,600 --> 00:45:04,480 was this morning. The floor on this is now it's 893 00:45:04,480 --> 00:45:05,920 lower. So I'm assuming a lot of people 894 00:45:05,920 --> 00:45:07,720 saw this morning and started like selling it, but you're 895 00:45:07,720 --> 00:45:12,840 still looking at point O 16/9, so point O 17 Bitcoin. 896 00:45:13,000 --> 00:45:17,560 So you know. Yeah, look, it's it's nice. 897 00:45:18,000 --> 00:45:20,520 And we should get KC on. We should get KC on I. 898 00:45:20,520 --> 00:45:24,400 Messaged him and he said that I I tweeted at him like when you 899 00:45:24,400 --> 00:45:26,520 come back when he goes. He only goes now when he wants 900 00:45:26,520 --> 00:45:30,120 to go on tours so so he's going to go on the media tour and then 901 00:45:30,120 --> 00:45:32,120 he'll hit us up. I love Casey though. 902 00:45:32,160 --> 00:45:34,960 Honestly, I just love that guy. Like his attitude, like his 903 00:45:34,960 --> 00:45:37,960 whole like personality. Like I'll never forget him 904 00:45:37,960 --> 00:45:42,080 screen sharing himself filming himself like that was like all 905 00:45:42,080 --> 00:45:44,160 time highs. Casey Rodemore. 906 00:45:44,720 --> 00:45:46,360 But you know what? Let's find out more what happens 907 00:45:46,360 --> 00:45:47,600 there. But yeah, check your wallets if 908 00:45:47,600 --> 00:45:51,520 you're there, it's already done. Over .25 Bitcoin and volume. 909 00:45:51,800 --> 00:45:54,000 At current Bitcoin price, I can't promise you what Bitcoin 910 00:45:54,000 --> 00:45:56,360 price can be Tomorrow is $700.00 AirDrop. 911 00:45:56,360 --> 00:46:02,640 So you might have $700 in your wallet as of this morning, but. 912 00:46:02,680 --> 00:46:05,960 And the last thing before we take off for your boys is 913 00:46:06,120 --> 00:46:08,600 ordinals again. The Sotheby's auction ends 914 00:46:08,600 --> 00:46:10,640 today, right? We're 22nd. 915 00:46:11,880 --> 00:46:13,880 The taproot wizard that they weren't talking about the here 916 00:46:13,880 --> 00:46:21,200 last week is at 140,000 dollars, 3.33 Bitcoin right now is that's 917 00:46:21,200 --> 00:46:24,040 what that's what it's going on for which is pretty wild. 918 00:46:24,040 --> 00:46:29,600 So that's the the cat. Oh, and then the cat the cat 919 00:46:29,600 --> 00:46:31,600 one, right. The cat mint. 920 00:46:31,600 --> 00:46:33,960 You know, all the stuff came out, so I thought they were 921 00:46:33,960 --> 00:46:36,720 going to do a .1 BTC mint and stuff like that. 922 00:46:36,720 --> 00:46:38,920 So obviously, like, everyone has like mixed feelings when it 923 00:46:38,920 --> 00:46:40,600 comes to opinions, when it comes to price points. 924 00:46:40,600 --> 00:46:43,200 But you know, Tapper Wizard projects that were early on, 925 00:46:43,200 --> 00:46:45,640 let's see what happens there. But yeah, that that curated 926 00:46:45,640 --> 00:46:49,240 thing is going on. So there's $140,000 bid on the 927 00:46:49,240 --> 00:46:51,960 cat, on the cat. A lot of stuff is starting to 928 00:46:51,960 --> 00:46:54,440 heat up today, so you can check it out, but I think this is a 929 00:46:54,480 --> 00:46:57,240 desktop Crescent piece that's at $65,000. 930 00:46:58,120 --> 00:47:01,840 The the Bugatti egg shot to Ali, the number 10 is like $48,000. 931 00:47:01,840 --> 00:47:05,760 Now it's egg #10 and then you have a few sats. 932 00:47:05,760 --> 00:47:09,520 The node monkey honorary though I was looking at it is at 7500 933 00:47:09,520 --> 00:47:12,720 which is about four price for a monkey, A node monkey. 934 00:47:12,720 --> 00:47:18,680 Here I've got point 17.18 BTC at current prices, but there's that 935 00:47:18,680 --> 00:47:22,040 going on right now. So NFT is very much so alive and 936 00:47:22,040 --> 00:47:24,400 like you said already, no need to go over it too much. 937 00:47:24,400 --> 00:47:28,560 But on the Solana side as well seeing some some of the projects 938 00:47:28,560 --> 00:47:32,000 you know saga monkeys above 8. Soul clanos are still very 939 00:47:32,000 --> 00:47:35,040 strong at 30 quacks as well. Mad lads haven't really retraced 940 00:47:35,040 --> 00:47:39,720 below 160 soul love to see that. And then Frogana's are 6 and 941 00:47:39,720 --> 00:47:45,160 undeads went up about 2 1/2 X so up to 12.6 soul and then on the 942 00:47:45,160 --> 00:47:48,960 on the on the on the on the ETH front I think it was you guys. 943 00:47:48,960 --> 00:47:51,560 You guys had a good weekend on your on your end I saw Tyler did 944 00:47:51,560 --> 00:47:55,120 it sweet some rec guy. What's all we doing now? 945 00:47:56,880 --> 00:47:58,320 Don't swallow your your wedding ring. 946 00:47:58,320 --> 00:48:04,680 Just put my round around. He's like putting my ring in my 947 00:48:04,680 --> 00:48:05,480 mouth. Didn't. 948 00:48:05,480 --> 00:48:06,840 Think you need to speak that was that. 949 00:48:06,840 --> 00:48:08,080 That's basically what that means. 950 00:48:08,600 --> 00:48:12,600 Yeah, So, so and does that. And then just in, I guess Sims 951 00:48:12,600 --> 00:48:17,280 just pinged me as of 7 minutes ago, it seems like Tensor just 952 00:48:17,720 --> 00:48:20,360 rolled out a tool so you can longer shorten NFTS. 953 00:48:22,560 --> 00:48:24,280 So that's. It the same time. 954 00:48:24,720 --> 00:48:26,840 Pinging us in the back here? Yeah, exactly. 955 00:48:26,920 --> 00:48:30,600 But price lock, a simple way to longer short NFTS. 956 00:48:31,280 --> 00:48:34,960 That'll be interesting to see what that happens, but a lot of 957 00:48:34,960 --> 00:48:37,680 moving parts on there. And let's not forget OV one's a 958 00:48:37,680 --> 00:48:39,440 blast on lock. Like there's like billion 959 00:48:39,440 --> 00:48:41,120 dollars. Lock blast, yeah, blast. 960 00:48:41,120 --> 00:48:44,680 It's supposed to be February where you can take your blast 961 00:48:44,680 --> 00:48:48,440 out and then I think, I think the test net goes live in 962 00:48:48,440 --> 00:48:51,640 February, I think, I'm not sure. But then the OR maybe main net? 963 00:48:51,640 --> 00:48:55,600 I'm not sure. And the AirDrop is supposed to 964 00:48:55,600 --> 00:48:58,680 be in May. But yeah, like over a billion 965 00:48:58,680 --> 00:49:01,880 dollars worth of ETH becomes unlocked. 966 00:49:02,200 --> 00:49:03,680 Available. Yeah, yeah. 967 00:49:03,760 --> 00:49:05,920 So it's it's going to be a lot in the salon. 968 00:49:06,040 --> 00:49:08,720 Yeah. I I no, no. 969 00:49:08,960 --> 00:49:12,360 But what about Gary? Hopefully. 970 00:49:12,360 --> 00:49:13,480 I'm not saying I was going to do that. 971 00:49:13,480 --> 00:49:14,640 I'm not saying I was going to do that, I think. 972 00:49:14,640 --> 00:49:16,800 You're going to do it? I wouldn't be surprised if you 973 00:49:16,800 --> 00:49:20,720 go like. 0.0 I told you guys 0.030.03 so? 974 00:49:20,960 --> 00:49:25,760 27 now, so you went for three. No, at .036 right now. 975 00:49:26,440 --> 00:49:29,920 Yeah, I'm sorry. I see, I see like 27 sole is 976 00:49:29,920 --> 00:49:32,040 like one ether here this morning. 977 00:49:32,040 --> 00:49:34,400 That's what I was looking at earlier today. 978 00:49:34,400 --> 00:49:35,280 All right. Well, we'll see. 979 00:49:35,280 --> 00:49:39,360 Because I mean, slot Eco has a lot going on for it in seven 980 00:49:39,360 --> 00:49:42,520 days with like the most anticipated 8 days, sorry, nine 981 00:49:42,520 --> 00:49:44,520 days or most anticipated AirDrop of the year. 982 00:49:44,520 --> 00:49:46,520 So we'll see what happens with JUP. 983 00:49:47,080 --> 00:49:49,640 I'd love to see if, like the Jupiter, I don't think Mail 984 00:49:49,640 --> 00:49:51,960 comes on, space is right, but maybe someone else would be fun 985 00:49:51,960 --> 00:49:53,640 to have. Anyways, I think that's a good 986 00:49:54,000 --> 00:49:56,040 roundup. Great way to start the week. 987 00:49:56,040 --> 00:49:59,080 So with that, boys, have a wonderful Monday. 988 00:49:59,080 --> 00:50:00,520 Have a wonderful rest of your week. 989 00:50:00,520 --> 00:50:04,000 Same to every single listener. Remainder to follow at FOMO 990 00:50:04,000 --> 00:50:07,840 hour, FOMOHOUR. You can set your reminders there 991 00:50:07,840 --> 00:50:09,880 on the page as well. We tweet our clips, we tweet our 992 00:50:10,200 --> 00:50:12,160 show schedule, we tweet everything in there. 993 00:50:12,160 --> 00:50:14,320 And we should have another great programming for you all. 994 00:50:14,320 --> 00:50:18,160 So So tomorrow morning, 10:30 AM Eastern Standard Time, 7:30 AM 995 00:50:18,160 --> 00:50:20,680 Pacific Standard Time for another episode of FOMO Hour on 996 00:50:20,680 --> 00:50:23,240 Rock Radio. Let's go.