1 00:00:00,040 --> 00:00:02,000 Yo-yo what up, what up? Good morning. 2 00:00:02,000 --> 00:00:14,680 Good morning GMG Tuesday May 20th 2025 Look at that another 3 00:00:14,680 --> 00:00:17,400 beautiful day to have a beautiful day. 4 00:00:17,400 --> 00:00:19,800 I got my Co host in the house Tyler. 5 00:00:21,080 --> 00:00:24,120 Tyler, good morning. How you doing today? 6 00:00:25,400 --> 00:00:27,680 Doing pretty well. It's a weird weather here in 7 00:00:27,680 --> 00:00:29,600 Chicago. We had like full summer. 8 00:00:29,600 --> 00:00:32,920 It's. Fucking trash here. 80°, it's 9 00:00:32,920 --> 00:00:35,320 like 26 Celsius. So like it was really nice and 10 00:00:35,320 --> 00:00:38,160 then now we're in the 40s and writing again. 11 00:00:38,880 --> 00:00:40,800 Terrible fake out kind of feels like this. 12 00:00:40,800 --> 00:00:43,840 This market, it feels like there's a lot of doom and gloom 13 00:00:43,840 --> 00:00:46,680 out there. Even with Bitcoin near all time 14 00:00:46,680 --> 00:00:47,640 highs. It's weird. 15 00:00:47,640 --> 00:00:52,760 Timeline's weird. You know, yeah, the weather here 16 00:00:52,760 --> 00:00:54,280 is fucking disgusting. Honestly. 17 00:00:54,720 --> 00:00:56,160 I can't wait to get the fuck out of here. 18 00:00:58,000 --> 00:01:01,120 It's just not even fun anymore, you know? 19 00:01:01,120 --> 00:01:04,599 It's like 4°C and raining all week long. 20 00:01:06,200 --> 00:01:08,240 Yeah, you know what? I make enough money to have to 21 00:01:08,240 --> 00:01:10,960 live in a place like that anymore. 22 00:01:11,280 --> 00:01:14,480 That's what I had a mentor once. I told him it's like negative 23 00:01:14,480 --> 00:01:17,520 gets to -40 he's like, see, one day you just got to make money 24 00:01:17,520 --> 00:01:18,960 to not have to live in places like that. 25 00:01:22,160 --> 00:01:24,920 I'm so over it. But you know what, it'll be done 26 00:01:24,920 --> 00:01:28,160 soon. The pain is going to be relieved 27 00:01:28,560 --> 00:01:29,800 very soon. I can't wait. 28 00:01:29,800 --> 00:01:31,000 You're right. I mean, the market is 29 00:01:31,000 --> 00:01:32,320 interesting, right? We're still in that little 30 00:01:32,320 --> 00:01:35,080 choppy consolidation phase. Listen, I wake up and we're 31 00:01:35,080 --> 00:01:38,080 still above one O 5. I'm good, you know? 32 00:01:38,080 --> 00:01:41,960 So it's just a it's a funky little phase, eh? 33 00:01:42,360 --> 00:01:45,200 It is. I like it. 34 00:01:45,520 --> 00:01:48,200 Very little, like there's very little market action on a 35 00:01:48,200 --> 00:01:50,040 day-to-day basis. Like there's been some pockets 36 00:01:50,040 --> 00:01:53,560 about performance, but it's kind of just like a chop. 37 00:01:54,280 --> 00:01:57,200 It's broadly a chop market with Bitcoin like decoupled it's 38 00:01:57,200 --> 00:02:00,880 kind. Of yeah, it's, it's very 39 00:02:00,880 --> 00:02:05,240 interesting to say the least. Anyway, so those show we'll go 40 00:02:05,240 --> 00:02:08,440 through market boy Mando's probably going to join at some 41 00:02:08,440 --> 00:02:11,160 point. We are going to go through the 42 00:02:11,160 --> 00:02:14,040 market. We're going to go through, you 43 00:02:14,040 --> 00:02:17,760 know, a little bit of this and a little bit of that with Tyler, 44 00:02:17,760 --> 00:02:21,200 the given the news that the Genius Act bill passed 45 00:02:21,200 --> 00:02:22,640 yesterday. So obviously big news. 46 00:02:23,040 --> 00:02:26,480 We'll see what happens out of that over the long term. 47 00:02:26,520 --> 00:02:30,320 Of course, we'll do a giveaway. So make sure you set up the 48 00:02:30,320 --> 00:02:34,600 e.com, use the code for more. So yeet.com, yeet.com, you have 49 00:02:34,600 --> 00:02:37,040 to use the code for more. You have to have a public 50 00:02:37,040 --> 00:02:41,960 account and you have to have placed a bet on the platform in 51 00:02:41,960 --> 00:02:44,440 order to be eligible to win. We give away another $1000 52 00:02:44,440 --> 00:02:48,040 yesterday to a lucky rate a coin race winner. 53 00:02:48,040 --> 00:02:51,000 So that was a lot of fun. And then last but not least, 54 00:02:51,400 --> 00:02:55,040 this show is powered by Wallet Connect Wallet Connect is the 55 00:02:55,040 --> 00:02:57,280 connectivity network shaping the future of Ontinux. 56 00:02:57,880 --> 00:03:00,160 If you've connected to Web 3 app, you've seen Wallet Connect, 57 00:03:00,160 --> 00:03:03,040 that blue logo, it's everywhere and icon of trust in crypto as 58 00:03:03,040 --> 00:03:05,560 recognizable as Visa at checkout. 59 00:03:05,800 --> 00:03:08,800 Want to learn more? Follow Wallet Connect on X and 60 00:03:08,800 --> 00:03:12,600 Telegram to stay ahead of what is next. 61 00:03:12,840 --> 00:03:15,880 Tyler, you take that, you take, you start today. 62 00:03:15,880 --> 00:03:22,840 Let's see what you got for US NFT and crypto analysis Tyler T 63 00:03:22,960 --> 00:03:29,240 on FOMO, our cause the kids. Can yeah folks, we woke up this 64 00:03:29,240 --> 00:03:30,720 morning. Crypto managers were up two to 65 00:03:30,720 --> 00:03:34,960 4% in a rapid comeback from Monday's sell off, but we are 66 00:03:34,960 --> 00:03:39,240 dipping a little bit. Bitcoin up 1% here, 1046 E 67 00:03:39,240 --> 00:03:44,560 hanging out up 2% at 2480 Ave. LED all alts. 68 00:03:44,560 --> 00:03:48,960 It was up 20% on the day. Huge move as its TBL passed 30 69 00:03:48,960 --> 00:03:52,320 billion. I saw Ave. as 20% of the D5 70 00:03:52,320 --> 00:03:54,600 market right now, so just a massive share. 71 00:03:55,200 --> 00:03:59,120 We had the Bitcoin ETFs 667 million in inflows yesterday, 72 00:03:59,120 --> 00:04:03,000 one of its highest recent days, so clear demand on yesterday's 73 00:04:03,000 --> 00:04:05,920 dip. Digi Asia Corp, one of the 74 00:04:05,920 --> 00:04:08,720 latest companies to announce a strategy raising up to $100 75 00:04:08,720 --> 00:04:12,320 million to acquire Bitcoin. Fritz Corporate Treasury Circle 76 00:04:12,800 --> 00:04:16,680 reportedly shopping itself around to Coinbase and Ripple. 77 00:04:16,800 --> 00:04:20,680 I think I saw 5 billion as a potential price tag, potential 78 00:04:20,680 --> 00:04:22,800 IPO. So it might IPO or it might do a 79 00:04:22,800 --> 00:04:25,280 private sale. So that was an interesting twist 80 00:04:25,560 --> 00:04:28,160 we had. JP Morgan Chase CEO Jamie Dimon 81 00:04:28,160 --> 00:04:32,080 announced that Chase will allow clients to purchase Bitcoin, 82 00:04:32,640 --> 00:04:35,360 though he still does not approve himself. 83 00:04:36,120 --> 00:04:38,920 So a big development for one of the biggest banks in the world. 84 00:04:39,240 --> 00:04:41,840 The Genius Act, as you alluded to it, passed a closure vote 85 00:04:41,840 --> 00:04:45,160 yesterday in the Senate after 15 or more Dems flipped their 86 00:04:45,160 --> 00:04:48,320 votes. So it will move forward to an 87 00:04:48,320 --> 00:04:52,200 official debate review and vote. So clear the big hurdle there. 88 00:04:52,640 --> 00:04:55,880 We had the UK tax authority announced that starting January 89 00:04:55,880 --> 00:04:58,920 1st next year, crypto holders must provide personal data, 90 00:04:59,800 --> 00:05:02,760 including tax ID numbers to enhance tax compliance. 91 00:05:02,760 --> 00:05:06,880 So more more KYC over there. We had India's Supreme Court say 92 00:05:06,880 --> 00:05:09,600 that crypto should be regulated and not banned. 93 00:05:10,040 --> 00:05:13,600 That's what positive news. And then the DoD Department of 94 00:05:13,600 --> 00:05:16,000 Justice is looking into Coinbase's recent data breach. 95 00:05:16,000 --> 00:05:19,880 So more eyes on that in token AirDrop and protocol news by 96 00:05:19,880 --> 00:05:22,560 that became the first crypto exchange to offer global stock 97 00:05:22,560 --> 00:05:27,160 trading via USD T launching with access to 78 equities, including 98 00:05:27,160 --> 00:05:29,600 majors like Apple, Tesla and Amazon. 99 00:05:30,120 --> 00:05:31,800 Solana. I posted about this yesterday. 100 00:05:32,040 --> 00:05:35,120 Looking at the weekly numbers, Solana generated more than 50% 101 00:05:35,120 --> 00:05:37,800 of all blockchain revenue in the past week. 102 00:05:37,800 --> 00:05:41,240 So Solana definitely leading the way with respect to fees. 103 00:05:42,960 --> 00:05:46,240 Excuse me Kaido founder Yoohoo said that from June onwards it 104 00:05:46,240 --> 00:05:50,320 will also be the B&B for capital formation so that was an 105 00:05:50,320 --> 00:05:53,080 interesting little tease and then Huma finance announced a 106 00:05:53,160 --> 00:05:56,800 kind of rewards campaign the latest protocol to to join that 107 00:05:56,800 --> 00:06:02,120 wave in AI memes and NFTS. It was a lighter day the AI 108 00:06:02,120 --> 00:06:05,200 market 3 percent, 10.3 billion we had distributed AI announced 109 00:06:05,200 --> 00:06:08,840 its tge will happen tomorrow. That was an AirDrop plus a pre 110 00:06:08,840 --> 00:06:10,600 sale. So there'll be some attention on 111 00:06:10,600 --> 00:06:12,640 that tomorrow. And memes, meme coin leaders 112 00:06:12,640 --> 00:06:15,520 were green up about 1-2 percent. Trump actually led the way up 113 00:06:15,520 --> 00:06:18,200 6%. The law, the believe that 114 00:06:18,200 --> 00:06:22,640 because it's jumped 20% to 440 million in size launch coin 115 00:06:22,680 --> 00:06:27,360 hanging out around 250 million and a notably 24 of the top 116 00:06:27,760 --> 00:06:29,840 believe that tokens were all green on the day. 117 00:06:29,840 --> 00:06:33,440 So so big Green Day for the launch coin ecosystem. 118 00:06:33,640 --> 00:06:37,440 We had collat at 40%. That's a that's an RWA 119 00:06:37,440 --> 00:06:40,720 tokenization platform on Solana. That was one of the top movers 120 00:06:40,720 --> 00:06:43,120 on the day. And then the Solana based mean 121 00:06:43,120 --> 00:06:46,920 Ponkey, Ponkey Ponkey, they're going to launch collectibles in 122 00:06:46,920 --> 00:06:49,080 apparel through a new partnership with J Corp. 123 00:06:49,800 --> 00:06:51,120 So that was somewhat interesting. 124 00:06:51,280 --> 00:06:53,880 NFTS, the headline was out of SEC chair Esther Pierce. 125 00:06:54,320 --> 00:06:57,800 She went on to say that that many NFTS are not securities, 126 00:06:58,040 --> 00:07:00,920 including those that will pay their creators overtime. 127 00:07:01,120 --> 00:07:02,360 So there's a lot of eyes on that. 128 00:07:02,360 --> 00:07:06,080 But overall, it was a big day, macro news and then a lighter 129 00:07:06,080 --> 00:07:08,880 day on the kind of in the trenches protocol side. 130 00:07:09,560 --> 00:07:12,640 Wow, it's a lot. Holy shit. 131 00:07:12,760 --> 00:07:14,400 We should start with this genius act Bill. 132 00:07:14,400 --> 00:07:18,880 I mean yesterday, you know, it's it's I mean it's another 133 00:07:18,880 --> 00:07:21,120 historical day on the in the crypto streets, that's for sure. 134 00:07:21,120 --> 00:07:24,920 We have about what 1516 Democrats that ended up flipping 135 00:07:25,400 --> 00:07:30,120 the votes from no to yes. Elizabeth Warren, an absolute 136 00:07:30,120 --> 00:07:32,800 shambles. You'd love to see that she can 137 00:07:32,800 --> 00:07:36,800 take her crypto army right back where she found it, that's for 138 00:07:36,800 --> 00:07:38,360 sure, for sure. So why don't you take us through 139 00:07:38,360 --> 00:07:40,600 that first and and the implications of it. 140 00:07:40,600 --> 00:07:42,920 I saw Eleanor Terrett's post yesterday. 141 00:07:43,840 --> 00:07:49,120 She was following that closely. So 16 dams ended up flipping at 142 00:07:49,120 --> 00:07:52,000 first word on the street was that it would have was going to 143 00:07:52,000 --> 00:07:56,320 be like a very tight race that could have perhaps not even 144 00:07:56,320 --> 00:07:59,120 passed. And then after the initial pre 145 00:07:59,120 --> 00:08:01,240 vote, because DC is the only place where you have to vote 146 00:08:01,240 --> 00:08:07,440 about a vote, you know, and then once that happened, 16 people 147 00:08:07,440 --> 00:08:11,840 ended up flipping to make to allow this bill to pass. 148 00:08:11,840 --> 00:08:14,400 So like ticks through that. Yeah, it's a big flip. 149 00:08:14,400 --> 00:08:17,040 So for a quick background, the Genius Act is the bill aimed at 150 00:08:17,040 --> 00:08:19,240 regulating stable coins here in the US. 151 00:08:19,360 --> 00:08:25,240 This, this bill failed its first Senate closure vote last week 152 00:08:26,360 --> 00:08:28,920 ahead of the book that happened last night, which it it passed 153 00:08:28,920 --> 00:08:32,799 for the first time 6632. As you mentioned, 16 Dems ended 154 00:08:32,799 --> 00:08:36,200 up flipping their vote. The reason that they flipped was 155 00:08:36,200 --> 00:08:40,240 there was a a few key notable changes to this version of the 156 00:08:40,240 --> 00:08:43,200 bill compared to last week. So one, there's a restriction on 157 00:08:43,200 --> 00:08:46,880 9 non financial public companies being able to issue stable 158 00:08:46,880 --> 00:08:49,040 coins. So this is aimed at big tech, 159 00:08:49,600 --> 00:08:52,200 large tech companies will have to go through extra approval 160 00:08:52,200 --> 00:08:55,280 processes to be able to launch stablecoins. 161 00:08:55,280 --> 00:08:57,120 So this is a provision of the Dems wanted. 162 00:08:57,440 --> 00:09:01,040 There's going to be limitations on data sharing by stablecoin 163 00:09:01,040 --> 00:09:04,480 issuers looking to enhance consumer privacy protections and 164 00:09:04,480 --> 00:09:08,720 of course, even bigger after the recent Coinbase data exploit and 165 00:09:08,720 --> 00:09:10,840 then ethical safeguards for public officials. 166 00:09:11,360 --> 00:09:15,320 So this is coming after folks like Elon Musk, a senior 167 00:09:15,320 --> 00:09:18,040 executive branch officials making it that they are not able 168 00:09:18,040 --> 00:09:22,080 to launch their own stablecoins. It notably exempts the president 169 00:09:22,080 --> 00:09:24,680 and vice president from this restriction though, so that 170 00:09:24,760 --> 00:09:29,560 Trump's stable coins still still possible via this version of the 171 00:09:29,560 --> 00:09:31,480 bill. So those are the changes that 172 00:09:31,480 --> 00:09:34,520 was enough to flip this cohort of dens. 173 00:09:34,520 --> 00:09:41,120 I think the reason it matters is people are expecting the votes 174 00:09:41,120 --> 00:09:44,800 to stay the same. So if if if the vote stays the 175 00:09:44,960 --> 00:09:48,120 same in the official vote, then this will indeed pass the Senate 176 00:09:49,520 --> 00:09:52,280 and and move on to that. Apparently it's a walk in the 177 00:09:52,280 --> 00:09:56,240 park after this first part. Obviously like you don't want to 178 00:09:56,240 --> 00:09:59,720 jinx it, but like apparently it's like first you have this 179 00:09:59,720 --> 00:10:02,720 and then you know, the rest is much easier. 180 00:10:05,440 --> 00:10:09,920 So big progress. You know, I think it's up for 181 00:10:09,920 --> 00:10:13,080 debate on like how big of an impact this actually has. 182 00:10:13,080 --> 00:10:14,680 I think staff's kind of brought this up on the timeline. 183 00:10:14,680 --> 00:10:17,520 He had a little bit of debate with with folks in his replies 184 00:10:17,520 --> 00:10:20,400 and like, what is the net impact here? 185 00:10:20,560 --> 00:10:24,320 And maybe I'm not, I always lean in the camp that this is the 186 00:10:24,320 --> 00:10:28,280 type of thing that it, it's not like an immediate impact day one 187 00:10:28,280 --> 00:10:31,200 that it's in the books, but it's it's just another hurdle that's 188 00:10:31,200 --> 00:10:33,120 removed. It makes it easier for companies 189 00:10:33,120 --> 00:10:35,000 to operate. It makes it easier to invest in 190 00:10:35,000 --> 00:10:38,200 building a stablecoin related product, stablecoin integration 191 00:10:38,920 --> 00:10:43,560 and it just kind of opens up to a larger group of, of companies 192 00:10:43,560 --> 00:10:47,160 and and builders and then just allows you a little bit more 193 00:10:48,120 --> 00:10:52,640 Peace of Mind that these will continue to be around and 194 00:10:52,640 --> 00:10:57,760 allowed in the US. So still thinking it's positive. 195 00:10:58,760 --> 00:11:00,560 Yeah. I mean, it's just like I, I 196 00:11:00,560 --> 00:11:03,160 don't even know why we're thinking about like, why would 197 00:11:03,160 --> 00:11:07,320 it be positive or like why it matters Like yo, this, it just 198 00:11:07,480 --> 00:11:09,040 helps. It's just another layer of 199 00:11:09,040 --> 00:11:12,720 protection, right? It's there today for American 200 00:11:12,720 --> 00:11:14,520 companies that's issue stable coins. 201 00:11:15,560 --> 00:11:19,680 So they have protection for American companies that adopt 202 00:11:19,680 --> 00:11:22,960 stable coins. It's probably a layer protection 203 00:11:22,960 --> 00:11:27,120 for the consumer itself. And at the end of the day, like 204 00:11:27,960 --> 00:11:31,680 it's just like I, I see Carlos tweet, you know, he's talking 205 00:11:31,680 --> 00:11:33,960 about his thread. He tagged me this thread about 206 00:11:33,960 --> 00:11:37,520 his thoughts here. You know, I, I, I like, I think 207 00:11:37,520 --> 00:11:42,120 his this is all it needs is. He says the Genius Act aims to 208 00:11:42,120 --> 00:11:45,280 bring clarity and safety to stable market, ensuring only 209 00:11:45,280 --> 00:11:47,600 trusted issuers operate while foster innovation. 210 00:11:47,600 --> 00:11:50,760 It prioritizes consumer protection, financial stability 211 00:11:50,760 --> 00:11:53,360 and AML compliance, but it's strict rules may challenge 212 00:11:53,640 --> 00:11:56,600 smaller or foreign players. The bills progress through a 213 00:11:56,600 --> 00:11:59,120 culture vote suggests it's nearing a Senate vote. 214 00:11:59,120 --> 00:12:00,840 Stay tuned. Like that's all it is right? 215 00:12:02,680 --> 00:12:06,360 I think like these things, like I I see stats this point, but I 216 00:12:06,360 --> 00:12:09,680 just don't think it's the time to be like tinfoil hat like, oh, 217 00:12:09,680 --> 00:12:13,640 what if like is that could that be bad or, or why does it 218 00:12:13,640 --> 00:12:16,040 matter? Like does it matter for my NFT 219 00:12:16,040 --> 00:12:17,720 bag? No, but I also don't care, 220 00:12:17,800 --> 00:12:20,600 right. I think overall, like you said, 221 00:12:20,600 --> 00:12:24,160 it's like more of a long term play and you know, maybe it 222 00:12:24,160 --> 00:12:27,520 helps protect from the future Luna with like these weird 223 00:12:27,520 --> 00:12:29,160 stable coins. Remember what was it called? 224 00:12:29,600 --> 00:12:32,000 Algorithmic stable coin, stuff like that. 225 00:12:32,000 --> 00:12:35,760 So back then when Luna happened, like, yo, where's, where's the 226 00:12:35,760 --> 00:12:38,080 SEC? Where's the American, you know, 227 00:12:38,320 --> 00:12:41,240 government to protect us from, from, from Luna. 228 00:12:41,760 --> 00:12:44,200 And now that we have a laws like, oh, why do we have that? 229 00:12:44,880 --> 00:12:45,320 You know what? I. 230 00:12:46,320 --> 00:12:50,160 Mean, I think the other aspect of it too is it enables that the 231 00:12:50,160 --> 00:12:54,000 proliferation of stable coins allows but more folks who 232 00:12:54,040 --> 00:12:57,240 probably more crypto natives to operate on a crypto standard, 233 00:12:57,880 --> 00:13:01,800 right where where you actually are somewhat debanked and you're 234 00:13:01,800 --> 00:13:06,040 using Bitcoin, you're using stable coins as a way as your 235 00:13:06,040 --> 00:13:08,240 primary way of living and funding your lifestyle. 236 00:13:09,000 --> 00:13:10,720 We're still not colder yet, right? 237 00:13:10,760 --> 00:13:14,920 We're getting closer, but with stable coins regulated within, 238 00:13:14,920 --> 00:13:19,400 with Stripe implementing that millions of businesses, the, the 239 00:13:19,400 --> 00:13:22,160 more progress you get there, you can actually pay for everyday 240 00:13:22,160 --> 00:13:26,040 goods when you can start paying for your groceries with stable 241 00:13:26,040 --> 00:13:27,680 coins, right? Like that. 242 00:13:27,680 --> 00:13:30,760 That's the type of thing where folks can actually be totally on 243 00:13:30,760 --> 00:13:33,600 a crypto standard. So it's it's a big, it increases 244 00:13:33,600 --> 00:13:37,720 the, the, the chance of us going in that direction, which is 245 00:13:37,720 --> 00:13:39,760 again, more for crypto natives. I think a part of status point 246 00:13:39,760 --> 00:13:42,760 is like, is this going to get new participants into the stable 247 00:13:42,760 --> 00:13:46,720 coin game? That was one part of his his 248 00:13:46,720 --> 00:13:48,120 point. And the other thing I think is 249 00:13:48,120 --> 00:13:49,880 like, So what, what does it mean for our bags? 250 00:13:50,360 --> 00:13:52,880 A part of me still thinks though, that if, if stable coins 251 00:13:52,880 --> 00:13:56,920 increase by two to three X, you know, if we get to half a 252 00:13:56,920 --> 00:13:59,240 trillion, a trillion stable coins, there's going to be some 253 00:13:59,240 --> 00:14:03,040 trickle effect in the other crypto native assets. 254 00:14:03,640 --> 00:14:07,480 This is such a big move, but it's one of those things we we 255 00:14:07,480 --> 00:14:09,280 don't know yet, right? We got we got to let this play 256 00:14:09,360 --> 00:14:13,560 out a bit. Exactly, just like, you know, 257 00:14:13,560 --> 00:14:15,640 sometimes you got to let room for the industry to grow and, 258 00:14:15,640 --> 00:14:17,840 and to, and to and to figure itself out. 259 00:14:17,840 --> 00:14:20,080 And I think that stuff like that is, is important. 260 00:14:20,120 --> 00:14:22,920 You know, like I said, like it's like before, like why don't we 261 00:14:22,920 --> 00:14:24,440 have rules? And now we're like, why do we 262 00:14:24,440 --> 00:14:28,400 have them? So it's, it's, it's always going 263 00:14:28,400 --> 00:14:31,280 to be like that anyways, Tyler on the market side. 264 00:14:31,800 --> 00:14:34,680 Look, brother, we're at this weird place, right? 265 00:14:35,040 --> 00:14:38,760 Like you know where is Bitcoin still in it actually right above 266 00:14:38,760 --> 00:14:41,640 that range, right? It's just right above the range, 267 00:14:41,680 --> 00:14:45,600 the infamous, you know, one O 90 to one O 4 range, but it's 268 00:14:45,600 --> 00:14:47,800 trading above it. You see, like here, it's like 269 00:14:47,800 --> 00:14:48,880 just. Where's your line? 270 00:14:49,440 --> 00:14:52,240 So it's here is it was that this is the range, right? 271 00:14:52,240 --> 00:14:54,520 We said it back then. I mean back in December. 272 00:14:55,480 --> 00:14:58,760 So this is the the the Darth Maul candle here that set the 273 00:14:58,840 --> 00:15:02,000 the infamous range that was like deadly, which was between 90.5 274 00:15:02,000 --> 00:15:03,080 and one O 4. OK. 275 00:15:04,480 --> 00:15:06,760 Obviously there was a two months here where we traded under it, 276 00:15:06,760 --> 00:15:11,600 where people wishing that Kamala was president and then and then 277 00:15:11,600 --> 00:15:14,080 so we broke above this. This is essentially the range 278 00:15:14,080 --> 00:15:15,240 that people have been talking about. 279 00:15:16,400 --> 00:15:18,480 I never changed this line. I just have had it since like 280 00:15:18,480 --> 00:15:22,200 December at this stage. And we're we're above it, we're 281 00:15:22,200 --> 00:15:23,920 above it. We keep closing above it. 282 00:15:23,920 --> 00:15:26,720 We keep, you know, kind of dumping back to retest it. 283 00:15:27,240 --> 00:15:32,000 The question is, Tyler, are we going to go back again to 100K, 284 00:15:32,040 --> 00:15:35,520 let's say 97 to 100K like a lot of people that you're asking 285 00:15:35,520 --> 00:15:38,880 for, or are we just going to like, you know, blow it out of 286 00:15:38,880 --> 00:15:40,440 the water and finally breakthrough. 287 00:15:40,440 --> 00:15:42,360 I mean, last night again, I don't know if you're awake 288 00:15:42,360 --> 00:15:45,440 because then you sleep a little earlier than me around like 289 00:15:45,440 --> 00:15:49,000 10:30 PM eleven. We were coyly one O 6 something 290 00:15:49,640 --> 00:15:52,760 Bitcoin all time high waiting room in the boys chat. 291 00:15:52,920 --> 00:15:56,560 And I wish that didn't happen, but you can tell the markets 292 00:15:56,560 --> 00:15:59,120 just wanting it, dude. The market's wanting it. 293 00:15:59,120 --> 00:16:02,840 I, I didn't realize that we were, we were well above your 294 00:16:02,840 --> 00:16:06,200 line there. So that seems significant to me. 295 00:16:06,200 --> 00:16:08,120 I think my view is we're out of the range. 296 00:16:08,560 --> 00:16:09,280 I think we've. Broken. 297 00:16:09,280 --> 00:16:10,440 I mean, we're trading above it for sure. 298 00:16:10,440 --> 00:16:14,600 Yeah, here since that day, since 18th of May, 3 days. 299 00:16:15,160 --> 00:16:18,400 I my gut is that we're going to see new all time high soon. 300 00:16:18,400 --> 00:16:20,280 I think as soon as this week, my gut is Thursday. 301 00:16:20,280 --> 00:16:23,240 I'm I'm calling Thursday for for a new point all time high. 302 00:16:23,680 --> 00:16:26,640 I'll be very specific with it. I didn't realize last night 303 00:16:26,640 --> 00:16:28,200 these movies. So you're right, I wasn't bad. 304 00:16:28,200 --> 00:16:30,600 I missed it. Looks like we went to one O 6. 305 00:16:30,640 --> 00:16:34,000 Yeah, dude, again, like I was talking to Benny Red Beard and 306 00:16:34,000 --> 00:16:35,720 we're like fuck, is this going to happen? 307 00:16:36,320 --> 00:16:39,040 And then we're just chatting and I'm just like come on man, go, 308 00:16:39,040 --> 00:16:41,360 you got this. And as soon as it went to like 309 00:16:41,360 --> 00:16:46,400 one O 6 five, I think boom, it went under one O 6 like bruh. 310 00:16:46,920 --> 00:16:50,200 So I went to bed, not going to lie, I had my I was I was 311 00:16:50,200 --> 00:16:53,080 trigger happy last night. I was ready to like just go long 312 00:16:53,080 --> 00:16:56,160 in case BTC breaks up because you know, once it breaks, it's 313 00:16:56,160 --> 00:16:59,560 probably going to have a sharp move to like like a few $1000. 314 00:16:59,560 --> 00:17:01,120 Then obviously sometimes I get smacked back now. 315 00:17:01,120 --> 00:17:03,160 So I was ready. I was waiting for that and it 316 00:17:03,160 --> 00:17:06,119 didn't happen, but it was just funny. 317 00:17:06,119 --> 00:17:07,680 It's just I'm just here like coiling. 318 00:17:07,680 --> 00:17:12,440 We went to one O 6.8 last night right there. 319 00:17:13,400 --> 00:17:16,400 My I have a few other thoughts. I think one, it really feels 320 00:17:16,400 --> 00:17:18,599 like they're going after leverage traders. 321 00:17:18,640 --> 00:17:22,240 So like they are like, look at these huge violent moves. 322 00:17:22,280 --> 00:17:26,000 Like this is insane. 7 back to one O 3 I think maybe one O 2. 323 00:17:26,599 --> 00:17:31,440 One O 2, I think yesterday we went to one O yeah, one O2 18th 324 00:17:31,440 --> 00:17:34,800 of May and then after this 19th went to one O 2 yeah, twice. 325 00:17:35,160 --> 00:17:37,640 People are coming in, they're they're putting on their 40-50 X 326 00:17:37,640 --> 00:17:39,480 longs. Oh yeah, they're, they're 327 00:17:39,480 --> 00:17:42,720 cleaning the longs, the late longs and the late shorts are 328 00:17:42,720 --> 00:17:46,000 just getting wiped both ways. So I think be very careful with 329 00:17:46,000 --> 00:17:48,440 that. This is insane, PA, right? 330 00:17:48,440 --> 00:17:50,320 This whole Ranger, it's just absurd. 331 00:17:50,320 --> 00:17:53,160 I mean, look at this. And I always remember Amanda 332 00:17:53,160 --> 00:17:57,240 saying that you get like kind of one final shake out before the 333 00:17:57,240 --> 00:17:59,480 big leg up. So that that's kind of stuck 334 00:17:59,480 --> 00:18:00,600 with me. And part of me thinks like, are 335 00:18:00,600 --> 00:18:03,880 we going to see a Wick down to 100 before we go to all time? 336 00:18:03,880 --> 00:18:06,520 Or was this it right? It might have been it and. 337 00:18:06,920 --> 00:18:08,680 You got it twice. You got to hear, you got to 338 00:18:08,680 --> 00:18:10,720 hear, you got to you got three times. 339 00:18:11,120 --> 00:18:17,560 Like what was that? May 12th one O 6 two whoa 2100 340 00:18:18,040 --> 00:18:20,040 Holy shit I didn't realize that forgot about this one. 341 00:18:20,200 --> 00:18:22,800 I must have been away or there was just I was travelling. 342 00:18:22,800 --> 00:18:25,800 That was the day after I was travelling yeah and then here. 343 00:18:26,600 --> 00:18:30,080 So guys, when do we think all time high for Bitcoin chat? 344 00:18:30,080 --> 00:18:32,800 Let us know in the comments. I'm very curious what you guys 345 00:18:32,800 --> 00:18:34,520 think So you're calling Thursday. 346 00:18:38,800 --> 00:18:41,800 I like your Thursday call unless they push on the low liquidity 347 00:18:41,800 --> 00:18:46,080 weekend. Yeah, there's a lot of 348 00:18:46,160 --> 00:18:50,360 possibilities there. Yeah, I don't know, It's it's 349 00:18:50,360 --> 00:18:52,640 such a funny one. I would not want to be a day 350 00:18:52,640 --> 00:18:54,160 trader here. This is just nuts. 351 00:18:54,160 --> 00:18:56,680 Let's. Just say the all time high 352 00:18:56,680 --> 00:19:00,640 waiting room is officially open. Oh yeah, the all time high 353 00:19:00,640 --> 00:19:01,960 waiting room is open. I mean, look at this. 354 00:19:02,040 --> 00:19:04,360 I just love the Bitcoin chart. It's so beautiful. 355 00:19:05,000 --> 00:19:08,400 Looks good. It's just like, I mean, look at 356 00:19:08,400 --> 00:19:10,240 this. It looks like it's going to get 357 00:19:10,240 --> 00:19:12,840 a lot higher here, so the. Fact that we haven't broken down 358 00:19:12,840 --> 00:19:14,560 here like a lot of people are thinking, we'd probably break 359 00:19:14,560 --> 00:19:17,920 back down to like the Ranger in the 90's. 360 00:19:17,920 --> 00:19:20,000 The fact that we haven't is pretty bullish. 361 00:19:21,320 --> 00:19:23,360 There's some strong support at one O 4, let's just put it that 362 00:19:23,360 --> 00:19:26,520 way. Friday, Friday, Sunday, 363 00:19:26,520 --> 00:19:30,000 Saturday, Friday, 20th of May. What's that? 364 00:19:30,000 --> 00:19:31,720 What's the 28th? So if someone's calling for next 365 00:19:31,720 --> 00:19:35,560 week, for Wednesday, I'm just reading the comments right now. 366 00:19:35,840 --> 00:19:38,120 No one's calling Thursday. So Tyler, you, you're the most 367 00:19:38,120 --> 00:19:39,720 optimistic in the chat right now. 368 00:19:40,760 --> 00:19:42,960 I get to claim. I get to claim the whole prize 369 00:19:42,960 --> 00:19:46,440 if we hit it on Thursday. Exactly you you get to claim the 370 00:19:46,440 --> 00:19:49,320 prize, man. One thing is man, this Bitcoin 371 00:19:49,320 --> 00:19:52,800 range is deadly to the to the to the to the alts like the alts 372 00:19:52,800 --> 00:19:55,320 are just like suffering the most. 373 00:19:55,320 --> 00:19:57,440 I feel like they're just waiting and waiting and waiting and 374 00:19:57,440 --> 00:19:59,040 waiting. It's so brutal. 375 00:19:59,040 --> 00:20:01,200 I wanted to have this conversation on underexposed. 376 00:20:01,200 --> 00:20:02,600 We could have a little bit now, but it's like. 377 00:20:04,280 --> 00:20:06,160 Does this feel like a bull market to you? 378 00:20:07,040 --> 00:20:13,200 Like how are we classifying this 2025 crypto market? 379 00:20:13,200 --> 00:20:15,880 Are we, are we still coming out of the the short bear? 380 00:20:16,560 --> 00:20:19,680 Was it like an extended, like an accelerated bear? 381 00:20:19,680 --> 00:20:21,760 We just went through and now we're about to have another bull 382 00:20:21,760 --> 00:20:22,880 run? I don't know. 383 00:20:23,200 --> 00:20:25,520 I I stopped thinking about that, but yeah. 384 00:20:26,520 --> 00:20:28,800 And I, and I say that because I mean Bitcoin and everyone's 385 00:20:28,800 --> 00:20:31,360 saying this like, oh, everyone's depressed and Bitcoin's an all 386 00:20:31,360 --> 00:20:35,920 time high, which is. But Solana ran from $8, you 387 00:20:35,920 --> 00:20:40,440 know, like Solana had a 3000% run. 388 00:20:45,240 --> 00:20:47,840 So you think the bull ended, then we had an accelerated bear 389 00:20:47,840 --> 00:20:49,880 and then we going to the second leg? 390 00:20:50,600 --> 00:20:52,440 Well, that's a part of the golden bull faces too, right? 391 00:20:52,440 --> 00:20:56,360 Is that we, we have, you know, shorter mini cycles as a part of 392 00:20:56,360 --> 00:21:01,240 a longer grind up. I think Q 4/20/24 has to have 393 00:21:01,240 --> 00:21:05,080 been considered a a bull mark. Yeah, I mean, how insane is? 394 00:21:05,120 --> 00:21:08,440 This new meta, we had the AI meta come and explode, right? 395 00:21:08,440 --> 00:21:10,960 Solano went to 280. We had the Trump coin, which 396 00:21:10,960 --> 00:21:13,160 facilitated the the bear pull back. 397 00:21:13,600 --> 00:21:18,200 Yeah, but like since then, since January, there's maybe been a 398 00:21:18,200 --> 00:21:22,640 handful of trades, like launch coin was a trade if you got in 399 00:21:22,640 --> 00:21:25,600 decently early. The ecosystem itself is is even 400 00:21:25,600 --> 00:21:28,160 been a tricky one, right. It's like the there's a handful 401 00:21:28,160 --> 00:21:29,760 of runners. There's been a lot of bloodbaths 402 00:21:29,760 --> 00:21:32,320 too. The salon meme market has been 403 00:21:32,320 --> 00:21:34,520 pretty messy. Like we had house coin really 404 00:21:34,520 --> 00:21:37,880 the only decent runner. I guess maybe like there's a 405 00:21:37,880 --> 00:21:42,200 handful like RFCI guess you've had a handful of memes go on 406 00:21:42,200 --> 00:21:44,440 decent runs and then they immediately sold off. 407 00:21:45,480 --> 00:21:49,240 So there really hasn't been much, I mean, virtuals has come 408 00:21:49,240 --> 00:21:52,520 back. We we've seen a little bit of a 409 00:21:52,520 --> 00:21:54,680 revival in some of the AI majors. 410 00:21:54,680 --> 00:21:57,520 And then I mean, far coin grinding up, right, that that's 411 00:21:57,520 --> 00:22:01,200 been a big win off the bottom. But basically, if you haven't 412 00:22:01,200 --> 00:22:06,120 been in like those 3 or 4 trades, you really haven't had 413 00:22:06,120 --> 00:22:08,320 much success. I mean, other than just like 414 00:22:08,320 --> 00:22:09,720 holding Bitcoin and watching it go up. 415 00:22:10,040 --> 00:22:14,440 I mean the total 3, is that the same price that was at 1500 days 416 00:22:14,440 --> 00:22:18,480 ago? Yeah, which is wild. 417 00:22:21,880 --> 00:22:23,880 When you think about it, it's actually insane. 418 00:22:25,240 --> 00:22:27,400 And the only thing that ran in that quarter were like stuff 419 00:22:27,400 --> 00:22:29,800 like Far Coin that ran it back from 250. 420 00:22:30,600 --> 00:22:32,600 Some memes, like where are the memes? 421 00:22:32,600 --> 00:22:34,480 You know, we were talking about pop casts and all this stuff. 422 00:22:34,800 --> 00:22:38,880 Are they are they like a lot of memes squeezed and went back up 423 00:22:38,880 --> 00:22:40,720 here, but they're back down from that. 424 00:22:40,720 --> 00:22:45,920 Like where's the Mirad memes? Like we saw resurgence of memes 425 00:22:45,920 --> 00:22:50,000 somehow last week and the week before because we we covered it. 426 00:22:51,760 --> 00:22:55,120 Mark came back up, Popcat, SPX, all these came back. 427 00:22:55,240 --> 00:23:01,680 House Coin probably is the only one league latest runner, which 428 00:23:01,680 --> 00:23:05,080 by the way, never owned it. But if I were to take a punt, 429 00:23:05,080 --> 00:23:08,480 I'd take a punt here. You think it's going to survive? 430 00:23:08,880 --> 00:23:11,080 This is where you buy it because it just went to 25 mil. 431 00:23:12,080 --> 00:23:13,640 But again, it depends on this guy here. 432 00:23:16,440 --> 00:23:20,040 So how's those doing? What happens if we if we hit all 433 00:23:20,040 --> 00:23:23,880 time high on on Thursday, are every is everyone's going to 434 00:23:23,880 --> 00:23:26,480 slam in the risk slamming? Me, yeah. 435 00:23:26,880 --> 00:23:29,520 Risk in general, I think. Oh, Sui, yes, Sui was another 436 00:23:29,520 --> 00:23:33,200 one, yeah. There's been a handful of good 437 00:23:33,200 --> 00:23:34,800 old trades. I mean hype hyper liquid is up 438 00:23:34,960 --> 00:23:35,960 3X. Hype. 439 00:23:36,320 --> 00:23:38,040 Hyper liquid. Hyper liquid, Yeah. 440 00:23:38,360 --> 00:23:41,040 So there's been pockets and that's like a fairly, I'd call 441 00:23:41,040 --> 00:23:44,400 that a fairly public trade. Public trade sees a lot of 442 00:23:44,400 --> 00:23:46,000 people are not in it. Here, let me show you this. 443 00:23:46,440 --> 00:23:51,600 I'm not in it anymore. These chagrin let me vote on 444 00:23:51,600 --> 00:23:54,080 this, actually. Yeah, I think you said 60%. 445 00:23:54,760 --> 00:23:58,000 So I voted 0 because I'm not in it and I definitely wish I was 446 00:23:58,360 --> 00:24:01,120 vocally a fan of it. So think about it. 447 00:24:01,120 --> 00:24:04,440 And I'm pretty stupid about that, actually. 1800 votes. 448 00:24:04,440 --> 00:24:05,640 That's a pretty good sample size. 449 00:24:05,640 --> 00:24:07,960 So it's not a bad sample size and we're going to have a much 450 00:24:07,960 --> 00:24:09,560 bigger sample. We can revisit it tomorrow, 451 00:24:09,560 --> 00:24:12,760 right? So first of all, it's not a 452 00:24:12,760 --> 00:24:17,880 consensus trade for sure, right? This to me means not consensus. 453 00:24:18,240 --> 00:24:22,200 Like 70% of the people have under 10 percent, 60% under at 454 00:24:22,200 --> 00:24:25,800 0. What about his FAR .1? 455 00:24:25,800 --> 00:24:29,240 Because he just did another one with far point and just voted Oh 456 00:24:29,240 --> 00:24:31,800 wow even. Even less public. 457 00:24:31,920 --> 00:24:35,400 Even less public than hype. You see this yeah I'll I'll I'll 458 00:24:35,400 --> 00:24:38,720 retweet that let's get some votes going on this one, but it 459 00:24:38,880 --> 00:24:44,480 see me it doesn't I'll tell you why D train very known famous 460 00:24:44,800 --> 00:24:47,160 vocal fartcoin. I see he just said the same 461 00:24:47,160 --> 00:24:53,320 thing He just said something someone asked on the timeline 462 00:24:53,400 --> 00:24:55,320 yesterday. What do you think are the 463 00:24:55,320 --> 00:25:00,200 biggest 5X trades out there? Easiest and not a single person 464 00:25:00,200 --> 00:25:03,080 voted far coin. So you know how Mando and US 465 00:25:03,080 --> 00:25:05,480 were talking like hey is like far coin consensus? 466 00:25:05,840 --> 00:25:08,280 While I do agree that maybe narrative wise had become 467 00:25:08,280 --> 00:25:13,200 consensus when it pumped 4X, it's not like all the homies 468 00:25:13,200 --> 00:25:14,560 that I talked to, they don't have far coin. 469 00:25:15,240 --> 00:25:17,640 Like I'm talking about my homies like big and bunch of coins. 470 00:25:17,640 --> 00:25:22,320 You're probably one of my only close friends that I know is in 471 00:25:22,320 --> 00:25:25,440 with me. I think that's fair. 472 00:25:25,440 --> 00:25:29,360 I think in my group chats not that many of the of the folks 473 00:25:29,360 --> 00:25:31,840 are in it. And see they chase launch coin, 474 00:25:31,840 --> 00:25:33,120 right? I'm sure group chats are on the 475 00:25:33,120 --> 00:25:37,760 launch belief ecosystem, right? I don't know, it's interesting. 476 00:25:37,880 --> 00:25:40,520 I think hype. Does that mean that hype and far 477 00:25:40,520 --> 00:25:45,080 coin are not consensus trades? I so the only thing is like I've 478 00:25:45,080 --> 00:25:47,600 seen like I mean I see OBC at the top comment that he thinks 479 00:25:47,600 --> 00:25:50,840 hype is the only like obvious 5X trade. 480 00:25:51,000 --> 00:25:54,960 And I feel like that take, even even if it's not a consensus 481 00:25:54,960 --> 00:25:57,160 trade, I feel like that take is somewhat consensus, which is 482 00:25:57,160 --> 00:25:58,920 actually like one of the only things that worries me about 483 00:25:58,920 --> 00:26:03,920 hype that is like this easy 5X and where where is hype's FTV 484 00:26:03,920 --> 00:26:05,280 you're at? Hype's FTV is 20. 485 00:26:05,280 --> 00:26:07,560 Five it would put above Solana. It would make it like a top 486 00:26:07,560 --> 00:26:11,240 five. Solana's 100 billion five X and 487 00:26:11,240 --> 00:26:17,400 hype and put it at 1:25. That doesn't really feel 488 00:26:17,400 --> 00:26:22,640 realistic to me. Now if if Solana double S Solana 489 00:26:22,640 --> 00:26:27,160 goes to 200, hyper liquid go to 100 maybe makes a little bit 490 00:26:27,160 --> 00:26:28,640 more sense. Yeah. 491 00:26:29,280 --> 00:26:32,000 But with, with those with that, with this current picture, I, I 492 00:26:32,000 --> 00:26:37,480 kind of struggle unless hyper EBM can really come out and 493 00:26:37,480 --> 00:26:39,440 start picking up real traction, which we haven't really seen 494 00:26:39,440 --> 00:26:42,160 yet. Farquin was my, I didn't reply 495 00:26:42,160 --> 00:26:43,520 on that thread. I don't really like to be the 496 00:26:43,520 --> 00:26:49,360 guy who's just like pushing like Farquin is a reply guy, but that 497 00:26:49,360 --> 00:26:51,400 was the that's that's what I would say. 498 00:26:51,560 --> 00:26:53,600 Someone wanted to know what the crypto 5X is. 499 00:26:53,600 --> 00:26:59,240 I would still say for our coin and my dark horse, people may 500 00:26:59,240 --> 00:27:01,320 not like this. I I think launch coin is a 501 00:27:01,560 --> 00:27:03,360 potential 5X. It's not as safe. 502 00:27:03,440 --> 00:27:05,960 Where is it at? Where do I see where is? 503 00:27:06,160 --> 00:27:08,840 It 40. 9 Does that have its own little website? 504 00:27:10,480 --> 00:27:12,920 I mean, you can, you can see the coin and I can send you the the 505 00:27:13,040 --> 00:27:23,200 ecosystem as well. Launch Coin, Was that $243 506 00:27:23,200 --> 00:27:26,200 million? Yeah, it's a 15%. 507 00:27:26,680 --> 00:27:30,320 I think more notably is like it has big run, parabolic run last 508 00:27:30,320 --> 00:27:34,480 week, right, hit 360, maybe with a little higher, and then 509 00:27:34,480 --> 00:27:36,000 immediately went back to the 180. 510 00:27:36,000 --> 00:27:38,320 And that's when everyone's already great, dancing on it and 511 00:27:38,320 --> 00:27:42,120 saying this is dumb, it's over. But it survived. 512 00:27:42,320 --> 00:27:44,560 And it survived in a period where Pashmak, the founder, 513 00:27:44,560 --> 00:27:46,320 said, hey, we're going to slow down the pace. 514 00:27:47,160 --> 00:27:48,760 You know, we need to put some controls in. 515 00:27:49,240 --> 00:27:51,600 I believe yesterday they, they may have come out with a fix for 516 00:27:51,600 --> 00:27:56,440 some of the, the snipers. The, the bull case is that it 517 00:27:56,440 --> 00:28:00,800 survived a, a slower period. It's kind of grinding back up. 518 00:28:00,920 --> 00:28:03,120 And then if he announces something with with like how 519 00:28:03,120 --> 00:28:05,680 they would introduce some kind of a flywheel like how to 520 00:28:06,080 --> 00:28:08,640 integrate this launch coin token, perhaps like how virtuals 521 00:28:08,640 --> 00:28:15,280 did either with via LP pools or via reward system or some kind 522 00:28:15,280 --> 00:28:20,040 of using fees for a buyback system oath. 523 00:28:20,760 --> 00:28:26,760 I think an announcement like that is sends this thing up as 524 00:28:26,760 --> 00:28:29,280 my personal view. So and disclosure, I I have a 525 00:28:29,360 --> 00:28:32,480 decent bag. I feel that launch coin is one 526 00:28:32,480 --> 00:28:34,400 of those where you could probably make a three to 5X in 527 00:28:34,400 --> 00:28:37,000 size. I have none so I can say that 528 00:28:37,160 --> 00:28:41,440 without a bias. Like it's the type of coin where 529 00:28:41,440 --> 00:28:44,280 like if you're still thinking there's going to be an altcoin 530 00:28:44,280 --> 00:28:47,280 run, it's probably not going to be on the alts that you think 531 00:28:47,400 --> 00:28:49,800 like the usual ones. Launch coin at this stage is 532 00:28:49,800 --> 00:28:51,880 kind of an alt. I mean, it is an alt, right? 533 00:28:52,520 --> 00:28:55,680 So, so utility coin, that's not really the main coin anymore, 534 00:28:55,880 --> 00:28:57,360 right? It's a utility coin. 535 00:28:58,320 --> 00:29:00,600 Yeah. So it's a the other. 536 00:29:01,480 --> 00:29:04,760 Big aspect of this past day is like in our report on 24 of the 537 00:29:04,760 --> 00:29:07,600 top 25 coins were in green. So like that was. 538 00:29:07,720 --> 00:29:09,560 Goon coin, I get tagged in that a lot. 539 00:29:10,800 --> 00:29:14,400 It's it's funny that the number one so believe app is supposed 540 00:29:14,400 --> 00:29:16,440 to be for. Yeah, and then the number one 541 00:29:16,440 --> 00:29:18,440 coin on there is a meme coin. Yes. 542 00:29:18,960 --> 00:29:21,920 I love that yesterday I posted something like, oh, Elizabeth 543 00:29:21,920 --> 00:29:25,200 Warren and her goons are bad or like criminal or something. 544 00:29:25,200 --> 00:29:27,960 And then everybody started tagging me on this because they 545 00:29:27,960 --> 00:29:29,960 use the word goon, but it didn't even gooning. 546 00:29:30,680 --> 00:29:34,200 But I guess that's the one that's hilarious. 547 00:29:34,200 --> 00:29:37,280 By the way. I mean if Lawrence going goes to 548 00:29:37,280 --> 00:29:39,720 like a billion plus you got to think this goes to 100 mil. 549 00:29:41,000 --> 00:29:43,920 It seems like it's top meme. Is this hims? 550 00:29:45,120 --> 00:29:47,600 No, that's another one startup. What's that? 551 00:29:48,320 --> 00:29:54,920 I think startup is also a meme. Interesting is this so the top 2 552 00:29:54,920 --> 00:29:57,840 ones are memes. See we're never going to change. 553 00:29:57,880 --> 00:30:01,360 Like I, that's my, that's what I love by this space. 554 00:30:01,480 --> 00:30:04,360 It's like. The the next three or four were 555 00:30:04,440 --> 00:30:06,200 were were actual products. But that's the thing, right? 556 00:30:06,560 --> 00:30:11,800 Nobody buys 1/3 or 4th, right? Like like, like, like I'm I'm 557 00:30:11,800 --> 00:30:14,680 going to buy the top one, like launch coin and I'm going to buy 558 00:30:14,680 --> 00:30:16,800 the top meme coin and I'm not going to look again. 559 00:30:19,520 --> 00:30:21,880 And part of the the rationale there is like if you would think 560 00:30:21,880 --> 00:30:23,840 that Pash neck and team are going to continue bringing 561 00:30:23,880 --> 00:30:25,760 exactly 2 founders. You buy lots. 562 00:30:25,760 --> 00:30:29,560 It's riskier to hold the top current product. 563 00:30:29,880 --> 00:30:31,360 Exactly. It could be a better one, but. 564 00:30:31,480 --> 00:30:32,960 Because it's not Pasternak's product. 565 00:30:33,160 --> 00:30:37,160 I'm buying Pasternak's product, not a derivative of Pasternak. 566 00:30:37,200 --> 00:30:39,360 By the way, I don't mean it's derivative, but it's like it's 567 00:30:39,440 --> 00:30:42,240 it, it derivates, it comes out of its path, right, Right. 568 00:30:42,240 --> 00:30:45,760 Yeah, Like I'm not buying the virtuals coin virtual protocol. 569 00:30:45,760 --> 00:30:48,320 Like I'm not buying the 10th fucking AI slop launched 570 00:30:48,360 --> 00:30:49,560 virtuals. I'm buying virtuals. 571 00:30:51,160 --> 00:30:56,320 Yeah, the, I mean, the best AIAIAPT was technically the best 572 00:30:56,320 --> 00:31:01,480 trade in virtuals, but it was safer just to play virtuals than 573 00:31:01,480 --> 00:31:04,040 to play any of the AI agents. That can and this run up again. 574 00:31:04,080 --> 00:31:07,400 We forgot to mention Virtuals has been one of the top gainers 575 00:31:07,640 --> 00:31:10,240 in the in this last run up. It flipped far coin. 576 00:31:10,400 --> 00:31:13,040 It's back to number one in the. Absolutely, absolutely. 577 00:31:13,040 --> 00:31:15,600 We can't even but so there's been quite a few trades, dude, 578 00:31:15,600 --> 00:31:17,080 like I didn't mention house coin and stuff. 579 00:31:17,680 --> 00:31:19,640 This has been launch coin. There's been virtual, there's 580 00:31:19,640 --> 00:31:21,880 been far coin, there's been hype. 581 00:31:22,160 --> 00:31:25,760 Obviously Bitcoin, there's been a few like good. 582 00:31:26,200 --> 00:31:29,960 I mean Pepe 2X that's big because that's like it put on 583 00:31:29,960 --> 00:31:31,680 like it went from three bill to like 6 bill. 584 00:31:32,480 --> 00:31:34,360 So that's A and by the way, we're talking about 2X with like 585 00:31:34,360 --> 00:31:37,200 size, you could have infinite money to Pepe and you could you 586 00:31:37,200 --> 00:31:39,120 could T wop it out without fucking it up. 587 00:31:41,520 --> 00:31:42,920 So that's an interesting conversation. 588 00:31:43,440 --> 00:31:47,840 I think cycles did change maybe? Compared to November, December 589 00:31:47,840 --> 00:31:51,280 where you had like the entire AI board going up multiples. 590 00:31:51,440 --> 00:31:53,440 You could buy, you could close your eyes and buy a coin it. 591 00:31:53,440 --> 00:31:58,080 Was a whole mirage list went 5 to 10 X so it was much easier. 592 00:31:58,080 --> 00:32:00,080 So we're not we're not there yet by any stretch. 593 00:32:00,400 --> 00:32:02,600 Yeah. The question is, is that are we 594 00:32:02,600 --> 00:32:05,680 going to unlock that at Bitcoin all time high? 595 00:32:06,080 --> 00:32:09,080 Yeah, yeah, you're right. So you got me hyped up with this 596 00:32:09,080 --> 00:32:11,720 launch coin shit. It feels like I missed a dip. 597 00:32:11,720 --> 00:32:15,000 We'll see. I should have some liquidity in 598 00:32:15,000 --> 00:32:19,040 case we get another smack down. Because you know, if Bitcoin 599 00:32:19,040 --> 00:32:24,240 gets goes down to like even just 99 K or like 100K, people are 600 00:32:24,240 --> 00:32:28,760 going to like freak out. You know that like you in the 601 00:32:28,760 --> 00:32:33,000 worst thing is that 100K Bitcoin to me sounds like a dream like 602 00:32:33,000 --> 00:32:35,120 wow. And to most people it'll sound 603 00:32:35,120 --> 00:32:38,920 like the end of the world anyways in other news, Tyler, I 604 00:32:38,920 --> 00:32:40,640 know you got some still news that we can go to. 605 00:32:40,640 --> 00:32:43,680 We do have breaking news that I I that I want to that I want to 606 00:32:43,680 --> 00:32:47,120 go through it just just did this just did all right, It's just 607 00:32:47,160 --> 00:32:55,480 did rogue radio breaking news. Malay shuts down Argentina unit 608 00:32:55,480 --> 00:32:57,920 investigating crypto scandal Libra. 609 00:32:58,120 --> 00:33:02,000 What I mean, yeah, this just in 10:32 AM, fresh off the press 7 610 00:33:02,000 --> 00:33:04,920 minutes ago. Tyler, I was going to ask your 611 00:33:04,920 --> 00:33:07,120 thoughts, but I kind of just got your live reaction. 612 00:33:07,600 --> 00:33:09,640 Wow. And I mean what? 613 00:33:09,640 --> 00:33:12,200 His sister was involved, right? So like there was. 614 00:33:12,280 --> 00:33:14,840 Fucking both dude. Fuck his sister and fuck him. 615 00:33:15,200 --> 00:33:18,320 That's bad. Shuts down the unit. 616 00:33:18,320 --> 00:33:21,120 I mean, that doesn't mean that the DOJ is not going to keep 617 00:33:21,120 --> 00:33:24,320 going at it, right? And America is going to go at 618 00:33:24,320 --> 00:33:31,200 this, but in Argentina, the in Argentina that crime stays 619 00:33:31,200 --> 00:33:33,440 legal. That's that's very messy. 620 00:33:35,760 --> 00:33:40,200 Is that pun intended? That's it. 621 00:33:41,400 --> 00:33:43,160 Indeed. That was a good one. 622 00:33:43,440 --> 00:33:45,600 That was a that was that was a good one. 623 00:33:45,600 --> 00:33:48,280 I like that. Wow. 624 00:33:50,680 --> 00:33:53,320 We investigate ourselves and found we did nothing wrong. 625 00:33:54,400 --> 00:34:00,640 I, let's just say I've heard some crazy shit about this case 626 00:34:01,920 --> 00:34:05,120 and, and I think the news is going to come out and I think a 627 00:34:05,120 --> 00:34:09,760 lot of people are in trouble. I mean, we need I, I, I, I do 628 00:34:09,760 --> 00:34:12,679 invite people to not lose hope in that because I, I, I think 629 00:34:12,679 --> 00:34:15,840 some people about to be taken the through the fucking meat 630 00:34:15,840 --> 00:34:19,159 grinder here legally. I, I think so too. 631 00:34:19,199 --> 00:34:22,120 I I think it's hard to know when because these like I think. 632 00:34:22,400 --> 00:34:23,800 These cases take forever. Yeah, right. 633 00:34:24,000 --> 00:34:26,679 Like the NF TS. It could be three years. 634 00:34:26,760 --> 00:34:29,560 Prosecuted in two to three years afterwards, right? 635 00:34:29,880 --> 00:34:32,719 Yeah. So it may not be this year, but 636 00:34:32,719 --> 00:34:36,080 I I agree that's that's common. There is some people that are in 637 00:34:36,080 --> 00:34:39,239 trouble. And by the way, I invite people 638 00:34:39,239 --> 00:34:44,920 to not forget the people involved in this Meteora Enemy 639 00:34:44,920 --> 00:34:48,480 public #1 if you still use Meteora, just know that there's 640 00:34:48,480 --> 00:34:50,719 some of the people that sent us into this accelerated bear 641 00:34:50,719 --> 00:34:53,679 market and they're to blame. Ben Chow is a criminal. 642 00:34:54,360 --> 00:34:57,320 Hayden Davis and his goons, criminals. 643 00:34:57,920 --> 00:35:00,000 I'm not even saying criminals as a hyperbole. 644 00:35:00,080 --> 00:35:03,120 They are criminals. They stole from you, from me, 645 00:35:03,360 --> 00:35:06,160 from us. So don't forget the people that 646 00:35:06,160 --> 00:35:08,640 push this when every time something like this happens. 647 00:35:08,640 --> 00:35:09,840 But yeah, this is pretty disappointing. 648 00:35:10,000 --> 00:35:11,320 But hey, what do we expect, right? 649 00:35:11,560 --> 00:35:14,880 It's his country, his rules. I guess I just really hope that 650 00:35:14,880 --> 00:35:17,640 the US, the DOJ, doesn't let this one go, and I don't think 651 00:35:17,640 --> 00:35:19,560 they will. It's just another black guy, 652 00:35:19,600 --> 00:35:20,800 right? It's just like, you know, people 653 00:35:20,800 --> 00:35:23,840 already had this view that that crypto was all a scam and then 654 00:35:23,840 --> 00:35:28,480 now you've got the the leader of Argentina shutting down an 655 00:35:28,480 --> 00:35:32,480 investigation into what was a a real scam that impacted a lot of 656 00:35:32,480 --> 00:35:36,560 people and it's just a it's just a really bad look. 657 00:35:36,760 --> 00:35:39,680 But I think that the DOJ, as you mentioned they're, they're going 658 00:35:39,680 --> 00:35:40,760 to go after this. So we'll. 659 00:35:40,760 --> 00:35:43,200 Still, they will. Oh, they will. 660 00:35:43,400 --> 00:35:44,200 They will. They will. 661 00:35:44,200 --> 00:35:44,680 They will. They will. 662 00:35:44,680 --> 00:35:48,120 They're definitely going to be taken to court here, but I 663 00:35:48,120 --> 00:35:50,440 thought that was really fucked up like I just read that and 664 00:35:50,440 --> 00:35:54,680 it's kind of pissed me off. You know, it's no, it's not it's 665 00:35:54,680 --> 00:35:56,480 not a worry someone asking is it a worry that believes you, this 666 00:35:56,480 --> 00:35:58,000 media, right? No, it's just it's the biggest 667 00:35:58,000 --> 00:36:01,280 at the end of the day, It's just don't forget that you know, the 668 00:36:01,280 --> 00:36:05,840 founder was involved in Trump, Melania. 669 00:36:07,400 --> 00:36:09,560 I mean the guys probably made over a billion dollars. 670 00:36:10,280 --> 00:36:13,600 You know, I probably extracted billion dollars from the from 671 00:36:13,600 --> 00:36:16,080 the from the trenches. But you know, it would be great 672 00:36:16,080 --> 00:36:19,720 to see all these people, you know, getting being taken 673 00:36:19,720 --> 00:36:21,960 accountable. And that doesn't mean that crime 674 00:36:21,960 --> 00:36:25,200 season is on. Y'all that's in Argentina. 675 00:36:25,880 --> 00:36:29,440 Y'all are going to go to prison in USA or in El Salvador. 676 00:36:31,320 --> 00:36:32,640 Be careful. They're not fucking right. 677 00:36:32,640 --> 00:36:34,760 Anyways, Tyler, what else was big here? 678 00:36:34,800 --> 00:36:35,760 Feels like there was a few things. 679 00:36:35,840 --> 00:36:38,640 Oh, I just sent you another someone breaking news from from. 680 00:36:38,720 --> 00:36:42,280 I saw that dude, I saw that one before the right this the show 681 00:36:42,320 --> 00:36:45,200 started. Wow, I didn't see this. 682 00:36:46,640 --> 00:36:48,400 Just like if we need another kick in the teeth. 683 00:36:48,800 --> 00:36:54,160 Arkham Alert Theorem Co founder Jeffrey Wilkie just sent $262 684 00:36:54,160 --> 00:36:56,960 million of E to crack. And I mean, can these guys just 685 00:36:57,000 --> 00:37:00,240 stop? Like do you have to send? 686 00:37:00,960 --> 00:37:04,000 Like can you just send like $10 million chunks? 687 00:37:05,720 --> 00:37:06,920 That's a. That's a lot. 688 00:37:08,040 --> 00:37:11,880 Like you have to press send on $262 million transaction. 689 00:37:11,880 --> 00:37:15,840 Like do you just have to do that to alert all the Arkham stuff? 690 00:37:15,840 --> 00:37:19,560 Like you said, a bot, I don't know, like what he's doing. 691 00:37:19,560 --> 00:37:20,680 You think he's going to stake it? 692 00:37:21,360 --> 00:37:24,520 Yeah, I mean, why would? He's either staking it on Kraken 693 00:37:24,520 --> 00:37:30,600 because we don't have good staking services, or he's going 694 00:37:30,600 --> 00:37:34,320 to dump it on our faces. Do you know how much he has is? 695 00:37:35,200 --> 00:37:39,720 He out like are these people ever running out of ETH bro it 696 00:37:39,720 --> 00:37:42,040 seems. Like it's a lot. 697 00:37:44,560 --> 00:37:50,320 I'm trying to search this live. I mean, if this is like 20% of 698 00:37:50,320 --> 00:37:52,680 his portfolio and he's moving some off. 699 00:37:54,720 --> 00:37:56,600 Oh, don't worry, he's just taking them on crack. 700 00:37:56,600 --> 00:37:58,720 It is. I know I'm the same. 701 00:37:58,720 --> 00:38:03,280 Hope you hear from me right. Chad GBT is telling me as of May 702 00:38:03,280 --> 00:38:05,840 20th he holds approximately 106,000 to ETH. 703 00:38:06,200 --> 00:38:07,840 What's that? Which is basically how much he 704 00:38:07,840 --> 00:38:11,040 sent here. 105 K yeah. So that's all his ETH? 705 00:38:11,720 --> 00:38:13,320 He sent all of his ETH to Kraken. 706 00:38:13,840 --> 00:38:21,360 So, so, so hold on. So maybe, just maybe this is 707 00:38:21,400 --> 00:38:23,320 just take it. It doesn't too. 708 00:38:23,600 --> 00:38:26,880 Solid or that person is not feeling safe anymore given the 709 00:38:26,880 --> 00:38:32,160 latest slew of of of of attacks on crypto founders with known 710 00:38:32,160 --> 00:38:36,200 wallets and wants to custody it safely. 711 00:38:36,920 --> 00:38:40,080 Right that. Makes sense. 712 00:38:40,640 --> 00:38:43,880 I mean, there there's, I mean you don't really don't want a 713 00:38:44,680 --> 00:38:49,840 public wallet with that much capital in it in 2025. 714 00:38:51,440 --> 00:38:57,200 The the the amount of of like of mental like gymnastics you're 715 00:38:57,200 --> 00:38:58,600 not going through right now is crazy though. 716 00:38:59,520 --> 00:39:02,360 Like it's just. This one clip sending it all in 717 00:39:02,360 --> 00:39:07,200 one transaction is just wild. I guess that's the power of the 718 00:39:07,480 --> 00:39:09,600 crypto on the block and the blockchain is you can just send 719 00:39:09,600 --> 00:39:12,640 $262 million for what was his fees on that? 720 00:39:14,520 --> 00:39:19,360 He paid 3 GUI, so he paid it's $0.16 to send 2. 100 And this is 721 00:39:19,360 --> 00:39:26,000 you and I right now. This is my favorite so kudos 722 00:39:28,600 --> 00:39:30,240 very Oh my. God. 723 00:39:30,680 --> 00:39:38,600 Live, look at us. Yeah, not going to lie, I've 724 00:39:38,600 --> 00:39:40,560 been wanting to enter E long finally. 725 00:39:41,120 --> 00:39:43,560 Yeah. And maybe I'm going to get a 726 00:39:43,560 --> 00:39:48,400 chance, Tyler. Well, you know, had me build up. 727 00:39:48,480 --> 00:39:50,800 I entered a small 1 and I already got liquidated on it. 728 00:39:50,800 --> 00:39:54,480 I was, I was, I was like 40 X. It was. 729 00:39:57,320 --> 00:40:02,920 I'm talking about a 3X long with like large size I'm looking. 730 00:40:03,320 --> 00:40:06,200 Pretty safe I think. Oh yeah, I wouldn't do it more 731 00:40:06,200 --> 00:40:08,280 like I I'm talking 3 to 4X, like 4X. 732 00:40:08,280 --> 00:40:12,680 Put your liquidation on the 2K3X puts it like 1730, something 733 00:40:12,680 --> 00:40:15,160 like that 1700 like that's what I'm talking about. 734 00:40:15,520 --> 00:40:18,920 Yeah, yeah. But you're you, we, we, we like 735 00:40:18,920 --> 00:40:20,760 your little DJ plays here, Tyler. 736 00:40:20,800 --> 00:40:24,480 We, we like your the DJ plays anyway. 737 00:40:24,480 --> 00:40:28,040 So these were two back-to-back breaking news on that front. 738 00:40:28,040 --> 00:40:29,920 What did you have that you already had here, Tyler? 739 00:40:29,920 --> 00:40:31,840 What's whatever happened yesterday? 740 00:40:31,960 --> 00:40:38,000 Yeah, a couple of macro stories. Jamie Dimon, So he his 741 00:40:38,760 --> 00:40:41,720 notoriously like, hates Bitcoin, hates crypto. 742 00:40:41,720 --> 00:40:44,200 He finally announced yesterday that Chase is going to offer its 743 00:40:44,200 --> 00:40:47,640 clients access to Bitcoin purchases despite his 744 00:40:47,640 --> 00:40:49,440 skepticism. This came at the JP Morgan 745 00:40:49,440 --> 00:40:52,360 annual Investor Day said we're going to allow you to buy it. 746 00:40:53,720 --> 00:40:56,480 They will facilitate Bitcoin purchases and including the 747 00:40:56,480 --> 00:40:59,520 client statements, they will not provide custody services. 748 00:41:00,400 --> 00:41:04,840 So I'm a little confused on exactly what this means. 749 00:41:05,680 --> 00:41:08,960 So you're going to be able to buy it, but not custody. 750 00:41:08,960 --> 00:41:12,040 Maybe that's going to be a via ETFs, I guess. 751 00:41:12,040 --> 00:41:14,400 So we need to unpack exactly what that that means. 752 00:41:14,400 --> 00:41:17,240 He said that his personal views have not changed. 753 00:41:18,160 --> 00:41:21,480 He's still very concerned over illicit activities, but he liked 754 00:41:21,720 --> 00:41:24,680 it too. He doesn't prove smoking, but he 755 00:41:24,680 --> 00:41:28,520 agrees with your right to smoke. And that's how he he's comparing 756 00:41:28,520 --> 00:41:34,560 your right to buy Bitcoin. So it, I mean, it is a little 757 00:41:34,560 --> 00:41:37,160 bit funny rhetoric is a, is a little bit out there for this 758 00:41:37,160 --> 00:41:39,400 one. But I do think this is one of 759 00:41:39,400 --> 00:41:44,920 the biggest new trends happening is bank banks allowing their 760 00:41:44,920 --> 00:41:49,160 customers to, to buy and and hold crypto. 761 00:41:50,360 --> 00:41:53,080 So I'm very curious how this is going to be operationalized 762 00:41:53,920 --> 00:41:55,760 because I got me personally, I got a Bank of Chase, like I'm 763 00:41:55,760 --> 00:42:00,000 very interested in this, but I want to know exactly what it 764 00:42:00,000 --> 00:42:03,480 means and like, if they're not going to custody it. 765 00:42:04,120 --> 00:42:06,440 So that means you're not going to get real Bitcoin, you're 766 00:42:06,440 --> 00:42:10,040 going to have to get some other version of it, I'm guessing. 767 00:42:10,400 --> 00:42:14,480 So I'm interested to learn more. And then the other one is out of 768 00:42:14,480 --> 00:42:18,800 Buybits on the opposite side. So in the crypto world, buy it 769 00:42:18,800 --> 00:42:24,840 became the first exchange to offer global stock trading, the 770 00:42:24,840 --> 00:42:26,720 first major crypto exchange rather. 771 00:42:27,360 --> 00:42:30,360 So now 78 global stocks are included in this going to be 772 00:42:30,360 --> 00:42:35,600 used with the base of USDT, Apple, Tesla, Amazon, Meta, all 773 00:42:35,600 --> 00:42:37,240 the big ones are going to be in there. 774 00:42:37,720 --> 00:42:41,000 It looks like it utilizes this trading model called Contracts 775 00:42:41,000 --> 00:42:42,440 for difference. It's going to allow users to 776 00:42:42,440 --> 00:42:45,240 speculate on stock price movements without owning the 777 00:42:45,320 --> 00:42:47,960 underlying assets. So it's like a, they're 778 00:42:47,960 --> 00:42:51,320 basically synthetic stocks. It's going to be a part of their 779 00:42:51,320 --> 00:42:55,480 buyback gold and FX suite on their Meta Trader 5 platform 780 00:42:55,920 --> 00:43:00,040 where you can also have access to gold oil in the Season 4 X. 781 00:43:00,040 --> 00:43:02,640 Looks like the fees are fairly low. 782 00:43:03,200 --> 00:43:06,520 Point O 4 USDT. Oh wait, point O 4 USDT per 783 00:43:06,520 --> 00:43:11,480 share, so it's a little higher. Minimum of $5 USDT fees per 784 00:43:11,480 --> 00:43:13,800 transaction. So. 785 00:43:15,600 --> 00:43:17,640 This guy's face in the studio, dude. 786 00:43:21,920 --> 00:43:28,480 I'm late, I'm sorry this. Guy's face I just saw you pop 787 00:43:28,480 --> 00:43:29,920 into the studio with Tyler was talking. 788 00:43:33,520 --> 00:43:36,800 This is the face of that guy that's about to dump 106,000 789 00:43:36,800 --> 00:43:40,440 ETH. This is making the Co founder Co 790 00:43:40,440 --> 00:43:43,560 founder of ethereum just moved 106,000 ETH to Kraken Mando. 791 00:43:43,560 --> 00:43:46,520 Wow, that's the face. He's like this too. 792 00:43:46,520 --> 00:43:49,280 He's like. Here we go again. 793 00:43:50,520 --> 00:43:53,080 We were just talking about that and we were trying to make 794 00:43:53,080 --> 00:43:57,200 bullish cases for it. How much is 106,000 ETH? 795 00:43:57,360 --> 00:43:59,960 262,000,000 United States Dollar Reno's. 796 00:44:02,320 --> 00:44:05,560 I mean, it's what it is. He dies. 797 00:44:05,560 --> 00:44:11,640 He dies. Hey, our, our bullish case is, 798 00:44:11,640 --> 00:44:14,760 is that one, he may be staking it using Kraken services and 799 00:44:14,760 --> 00:44:18,280 two, he's scared of getting kidnapped, so he's just 800 00:44:18,280 --> 00:44:20,120 custodying it with somebody else. 801 00:44:22,160 --> 00:44:25,400 You're muted, but that's our, that's our our bullets case. 802 00:44:25,400 --> 00:44:26,560 Yeah. That's probably what happened. 803 00:44:27,080 --> 00:44:30,480 And also, by the way, Amanda and other breaking news, Milay shut 804 00:44:30,480 --> 00:44:33,520 down the crypto unit of Investigation Argentina. 805 00:44:35,320 --> 00:44:36,680 Oh, really? Yes, really. 806 00:44:37,280 --> 00:44:39,320 So that was the other breaking news in town was. 807 00:44:39,800 --> 00:44:42,040 Internal investigation get, get anywhere. 808 00:44:42,040 --> 00:44:45,120 Did we get to the bottom of that? 809 00:44:45,320 --> 00:44:48,680 Did Jupiter and Meteora units I think have been shut down way 810 00:44:48,680 --> 00:44:52,120 longer than the than the I'm? Really waiting for the results 811 00:44:52,120 --> 00:44:59,600 of that internal investigations I've been on head to hooks I. 812 00:45:00,840 --> 00:45:04,720 Yeah, we, yeah, Yeah. So it seems like there's only 813 00:45:04,720 --> 00:45:07,920 $20 million of daily volume for Ethan Kraken, so it's going to 814 00:45:07,920 --> 00:45:10,320 take him a while to tee you up out of that one. 815 00:45:10,320 --> 00:45:13,560 Just quickly, the code today, raffle bought dot XYZ we put on 816 00:45:13,560 --> 00:45:15,400 the screen a few times. Another reason to watch this 817 00:45:15,400 --> 00:45:17,520 show on video. What's the code? 818 00:45:17,520 --> 00:45:25,080 I know he Sims wrote it to us. D Phi code is D Phi, DEFIDEFI is 819 00:45:25,080 --> 00:45:26,600 the code. No, the code is not Malay. 820 00:45:27,760 --> 00:45:33,640 The code is D Phi and you can win some money. 821 00:45:33,640 --> 00:45:37,840 So yeet.com use our code FOMO or replace the bet and make sure 822 00:45:37,840 --> 00:45:40,800 your account is public and then you're going to have a chance to 823 00:45:40,800 --> 00:45:44,480 make some money. So anyways, D Phi is a code DEFI 824 00:45:44,480 --> 00:45:47,160 Tyler, you were taking us through the news for BI bit. 825 00:45:47,160 --> 00:45:51,080 So another institution being able to buy stocks like we 826 00:45:51,080 --> 00:45:52,440 talked about, right? This is going to be one of the 827 00:45:52,440 --> 00:45:54,720 biggest applications of crypto by stocks. 828 00:45:55,640 --> 00:45:57,280 I'm interested in what comes out of it. 829 00:45:57,320 --> 00:46:00,400 Looks like there's Solana accelerate this week, but also 830 00:46:00,680 --> 00:46:03,200 AVAX is a big event in London at the moment. 831 00:46:03,520 --> 00:46:06,760 So two big, you know, L ones having events. 832 00:46:07,120 --> 00:46:10,320 Usually people tend to keep the news for those moments. 833 00:46:10,320 --> 00:46:12,760 So I'm excited to see. I think it's going to be a good 834 00:46:12,760 --> 00:46:16,360 week for crypto. Be nice if we get all time 835 00:46:16,360 --> 00:46:17,640 highs. Amanda, what do you think? 836 00:46:17,640 --> 00:46:19,320 Bitcoin hits all time highs. We were playing that game 837 00:46:19,320 --> 00:46:21,320 earlier and people were giving their guesses. 838 00:46:21,680 --> 00:46:24,760 Tyler has Thursday. Most of the chat had Friday and 839 00:46:24,760 --> 00:46:30,560 Saturday. Yeah, I mean, I thought it would 840 00:46:30,560 --> 00:46:32,480 happen yesterday, if I'm honest. Yeah, same. 841 00:46:32,520 --> 00:46:33,560 Prize. It didn't. 842 00:46:33,720 --> 00:46:35,560 Yeah, We've kind of gone back down again today. 843 00:46:36,800 --> 00:46:38,640 We're going to be flirting with this level for a little bit 844 00:46:38,640 --> 00:46:42,880 longer. It feels like, wow, the market 845 00:46:42,880 --> 00:46:47,080 doesn't look that great. What happened to a lot of hard 846 00:46:47,080 --> 00:46:51,400 coins? Is that all good? 847 00:46:51,720 --> 00:46:52,640 Well, that's what we were saying. 848 00:46:52,640 --> 00:46:55,120 It's like it's very weird. You have Bitcoin making this 849 00:46:55,120 --> 00:46:58,920 huge run and like nothing else. Yeah, everything's waiting has 850 00:46:58,920 --> 00:47:01,680 really happened. There's been a few pockets. 851 00:47:04,640 --> 00:47:07,320 Yeah, I think there's a bit of worry about Japan at the moment, 852 00:47:07,720 --> 00:47:10,320 like broadly. So it's like risk appetite. 853 00:47:10,520 --> 00:47:17,360 But yeah, it does surprise me. Like market, market aren't 854 00:47:17,360 --> 00:47:22,760 looking so great. Damn, so it's over. 855 00:47:23,680 --> 00:47:28,240 I'm not saying it's over. I'm just saying all coins don't 856 00:47:28,240 --> 00:47:30,880 look so good. I guess Solana had that. 857 00:47:30,880 --> 00:47:32,600 So this is the first time I look at the market. 858 00:47:32,600 --> 00:47:37,160 So Solana got its ETS rejected, didn't it? 859 00:47:37,160 --> 00:47:39,200 So. Delayed, right? 860 00:47:40,400 --> 00:47:43,000 Yeah, it didn't read so well though. 861 00:47:43,000 --> 00:47:45,440 Did you read it? I I missed that headline. 862 00:47:45,440 --> 00:47:47,440 I didn't see it. I saw it in your minutes, but I 863 00:47:47,440 --> 00:47:49,800 didn't see anywhere else. Yeah, they were. 864 00:47:50,000 --> 00:47:53,920 They were delayed 5 ETFs and they said they they talked about 865 00:47:53,920 --> 00:47:57,240 market manipulation. Damn, like. 866 00:47:57,400 --> 00:48:01,880 Specific reasons for like why no for Solana which I thought was 867 00:48:01,880 --> 00:48:05,320 strange. Interesting. 868 00:48:08,560 --> 00:48:13,600 So and then now E one of the Co founders is about to rug it. 869 00:48:18,640 --> 00:48:22,320 One last dip. This is the dip y'all. 870 00:48:23,120 --> 00:48:27,160 This is the dip. There's going to be one more. 871 00:48:28,200 --> 00:48:32,040 All dips are for buying code is D5 raffle ball dot XYZ. 872 00:48:36,840 --> 00:48:39,400 My vaporous dog shit is losing value relation to Bitcoin. 873 00:48:39,400 --> 00:48:41,000 It must be over. It's so funny. 874 00:48:41,680 --> 00:48:45,200 It definitely is. Hey, bitcoins still above the 875 00:48:45,200 --> 00:48:47,120 range man though. So yeah, we're, we're we're 876 00:48:47,120 --> 00:48:50,800 vibing. Yeah, I'm I'm fine with Bitcoin 877 00:48:50,840 --> 00:48:53,080 bigmans. Study fart coin relative 878 00:48:53,080 --> 00:48:57,640 strength and brand coins together. 879 00:48:57,640 --> 00:49:02,000 OV invented a new meta, did you guys see that? 880 00:49:02,240 --> 00:49:04,400 I'm just saying this, Yeah, the first ever brand coin. 881 00:49:05,160 --> 00:49:11,240 First ever brand coin so. Brand coins are looking strong 882 00:49:11,320 --> 00:49:13,520 today. Yeah, brand coins looking good 883 00:49:13,520 --> 00:49:15,480 here. Brand coin cup and handle. 884 00:49:16,040 --> 00:49:22,040 Yeah, brand coin cup and handle a thrilling wreck to the dream, 885 00:49:22,640 --> 00:49:24,920 you know? Anyways, too easy to give away. 886 00:49:24,920 --> 00:49:26,880 I feel like we kind of went over everything, right Tyler? 887 00:49:26,880 --> 00:49:28,800 Unless I missed something, but we had a good conversation. 888 00:49:29,160 --> 00:49:31,600 We covered it. Of a genius act and all that 889 00:49:31,600 --> 00:49:32,560 good stuff so let's.