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DCA Live: Insanely Bullish Signals
Recorded: March 24, 2025 Duration: 1:10:52Space Recording
Short Summary
The crypto landscape is witnessing a surge in growth and trends, with bullish market signals, institutional adoption of Bitcoin, and significant wealth transfers poised to reshape the industry. Notable developments include Pakistan's foray into Bitcoin mining and the anticipated launch of innovative tokens like Walrus, reflecting a dynamic shift towards decentralized solutions.
Full Transcription
Well, hello everybody.
We have one member with some sound issues, but they're going to try to fix that and come
back in and it's Monday.
The markets are ripping, ripping, which is good.
Still a lot of recovery to go, but a lot of good things we're seeing in the tea leaves
out there.
We're going to get into that today. We'll give Marty another couple minutes but before we do, Mando, how
are you this fine Monday afternoon?
Good. It's been one of the best Mondays we've had for many, many, many weeks. So, appreciate
you guys sticking with us throughout all of that red period, continuing to watch the show.
It's nice to finally have a DCA pump.
Yeah, it's crazy. Yes, we got audio. Marty has sound. Marty, good morning. Playing the piano.
Good. Got the salon t-shirt on. And CTO, how are you today? You got some sunshine. Fantastic.
Wonderful day in the markets.
DCA pump is back.
Love it.
Yeah.
Well, we've got an absolutely monstrous agenda.
We'll go through this fast, but there's a lot of stuff to uncover.
A lot of questions in the audience.
Are these really truly insane bullish signals?
We got
the story, the Josh Mandel story for 4, 4K flying around now, getting everybody very
excited. How real could it be? He did nail the bottom at 84K on March 14th. The US government
continues to talk extremely bullishly about Bitcoin. We've got firms stacking like crazy.
We've got a place like Pakistan considering Bitcoin mining and gold versus Bitcoin IMF
saying digital assets are fine.
I'm wondering what the background story is there.
More gold versus Bitcoin talk, retail coming on, a little on-chain activity, a truckload
to get through.
So are you all ready to go?
Ready.
Let's get through it. Onward.
Okay.
All right.
Let's start with this first.
Let's start with a little TA on Bitcoin because there was so much talk over the last couple
of weeks.
Even Key Young Ju from CryptoQuant said, the bull market over, duh.
Like that burst people's dream.
And I could see people just leaving crypto overnight without reading between the lines
of exactly what
he was saying. He said we could chop sideways for six months and not necessarily the bull
markets over. But you know, this is the bullish divergence from Matthew Highland, which signals
a big upside from here. If history repeats and invariably it does. I'm going to give
this to you first CTO.
Tell us what you see.
Do you see bullish diversions for Bitcoin?
Do you see positive signs?
Let us know what you think.
Yeah, I definitely see positive signs.
So I made a video where I call this
the Hopium chart of the year,
but it was only partly a joke
because if you look over several years,
we have this pattern, which I think everyone recognizes.
It's an inverse head and shoulder, it broke out, retested and it's retested perfectly.
It's maybe hard to see here, but if we zoom in a little bit, you see it kind of retested
on the pixel.
This is the weekly canvas and it looked like it bounced.
And now we have this continuation from here. So if we didn't know that this is Bitcoin,
we didn't know the time frame, we don't know anything. This looks fantastic.
If we kind of zoom out and look at it over several years. Then if we vi zoomar in lite, om vi ser på daglig kandas,
bilden blev lite mer
beredd, för vi bröt ner denna
räng.
Men då kom den andra positiva signen.
Om du vet något om teknisk analys, om du har en
räng som den här, och den brinner ner, så får du en target.
Target betyder att
med någon möjlighet kan priserna möta den.
Och de gjorde det. Det har mätt exakt.
Så targetet är hetsen av
rektangeln från breakdown-punktet.
Och du ser, det har hittat exakt.
En gång,
på dollaret, nästan på pixelen.
Det är nog inte en skallvara för jag är inte en enda som kan dra den här.
Alla vet det.
Så folk kommer att lägga de köraordnaderna där.
Och det vände exakt.
Och sen hände det nästa.
Det var att vi fick en Invarus Head & Shoulder på småare tidframen.
Det var här.
Helt, och det kunde bryta upp. Det är 6 timmar, eller hur? that we got this inverse head and shoulder on smaller time frames, which was here held
and it kind of broke out from that.
That's the six hours, isn't it?
Exactly.
So this is a six hours.
I'm mixing here between like long term perspective, multiple years.
Then we zoom in, we look at the six hour candles and suddenly there's like a bottom pattern
in the chart, which we're now clearing up from.
So there's been several very positive signs in the chart. som vi nu klarar upp från. Så det har varit flera väldigt positiva signer i charten.
Jag tror att det fina konfirmationen kommer att vara att vi skärms upp
tillbaka till den här rangen,
som är väldigt nära var vi är nu.
Det kommer att vara den bulliska konfirmationen.
Jag kommer också att ansöka på bulliska divergencer, för man också anser de bullis divergens,
för du kan dra det på olika tidframen,
men bara för att förklara vad det är för alla,
för det är en användbar koncept att veta.
Det betyder att om priser går ner så här,
men något som kallas RSI är påstående i den andra direktionen.
Så om du ser på den här perioden, så drog priserna.
Vi gjorde mindre låg.
Men RSI stiger på andra sidan.
Det betyder att säljare blir uttryckta.
Man kan se det utan att se på RSI, men bara på volumen.
Kan man se att volumen går ner här?
Så när prisen droger, är det mindre och mindre styr.
Säljare blir uttryckta.
Det är vad bullisdiverens betyder.
Det har fungerat nu, priserna har stigit.
Det är vad bullisdiverens betyder.
Jag brukar inte använda den.
Jag tycker att den är mer utgörande just look at the price and the volume. But it adds one more plus point to this picture of multiple bullish signs.
So that's basically the picture of the market here.
It looks positive here and the final confirmation will be
coming back into the range and then hopefully break out on the upside.
And what I just do there, what's also killer is when you look at the on
chain together with the TA and they both say the same thing it's impressive so you can see that the
short-term holders and long-term holders were also exhausted at the same time.
So not only do you see it showing up in the chart but also in the on-chain data.
Mando, well let's get on to the next story.
So that was the kind of the bullish
divergence. Bull market done,
not done. Thoughts everybody?
We still have
a shot?
We still have a shot. I'm still
of the view that we could
we're going to go back as CTO
showed. The key levels there is that
previous level of support, which was around the 90K mark.
That's where a lot of short liquidations lie as well.
I'd be really unsurprised if we squeeze up and we touch that.
Then I don't know.
The positive signs are global liquidity is looking better, continues to turn up.
You have obviously a very oversold macro picture,
which is kind of like squeezing back. And then you have a bit of fundamentals and like
tariffs. So maybe there's a shot to go back towards all time highs, but I do think it'll
take a while. I do think it will take like a few months.
Unless of course we get a big catalyst. So this was flying around the Josh Mandel story, so-called.
He did nail the bottom.
Marty, I'm sure you're tracking this,
and I know your audience heard about it a lot.
It was two weeks ago,
I know you popped it into the chat here.
He nailed the March 14th bottom of 84K,
made that day live in infamy.
But the other part of his prediction
in the crystal ball world is a 444 K in 2025 Bitcoin target.
But the key reason, which is kind of more interesting to me is he believes
the fourth turning will be behind this.
That'll be the catalyst of complete erosion of trust and traditional systems,
launch of CBDCs around the world, geopolitical instability,
everybody wanting an escape from the matrix, that's the whole fourth turning.
Marty, what's your take on all of this?
I've known Josh a long time, he also believes in the centralization to decentralization movement,
which is upon us us the fourth turning.
If we all remember, we used to live in a decentralized world.
There was a slow process of centralization over a hundred years, which, you know,
finalizes in fractional reserve banking and massive amount of debt.
People losing faith in centralized systems, moving back to, to decentralization.
Along comes technologies like crypto and here we go,
we're off to the races. So I agree with him. I think there's a complete lack of trust in
government, lack of trust in banks, lack of trust in the Fed. I mean, you heard Jerome Powell's
speech last week. There's nobody alive. You can't tell that man's got something up his sleeve.
There's nobody alive who can't tell that man's got something up his sleeve. I
Think nobody trusts him anymore either. So here we go as far as bitcoins price go lost last week on the show
I called a 50% pullback
Hitted exactly a little bit lower than Josh's 84. I'd say it's 78 try
80,000 and off we are to the races again
and off we are to the races again. Yeah I've never been more bullish. We've got
Yeah, I've never been more bullish
the Genius Act, the Bitcoin Act coming in for Senate floor vote. Bullish
signals everywhere. Just remember what I told you guys, when there's good news
market makers will flush the market. When there's bad news, market makers will
pump the market. There was good news all around. They flushed the market,
get it over with, and now we're off to the races. Just remember that lesson. It's a hard one,
but once you get it in your head, you'll be a lot better off. There you go. Yeah. What about this
guy, Howard Lutnick? He came out and obviously he's a huge Bitcoiner. You spoke at the Bitcoin
conference at a brilliant session there, but he also came out openly
disclosed he owns a billion dollars of MicroStrategy and at least $250 million of Bitcoin.
I thought of you, James, when I read that.
I thought of you when I read that. It's not, I'm not going to say anything, but it's an interesting allocation percentage.
Let us just say, so this guy, this guy knows money.
He knows markets, you know, former CEO of Cantor Fitzgerald.
I've known of him since 9 11 that day in infamy when his whole office and friends and family
were wiped out.
But what do you guys think of this? Who wants to take this one? day in infamy when his whole office and friends and family were wiped out.
But what do you guys think of this?
Who wants to take this one?
You know, to cut one trillion, they're selling these five, I think, five million dollar permanent
visas.
Yeah.
Will that will that be part of the funding?
Will they sell some gold to fund a Bitcoin purchase?
I mean, this guy and percent and sacks and the whole team of kind of capital allocators, financial advisors whispering in somebody's ear.
Can they pull this off, Mando? Or is it a dream?
I mean, I think it's kind of wild because it's you saw David sacks, for example, sold all of his crypto holdings before he took his position.
Yeah, luck next has gone out there and said, look, I own billions of dollars of this stuff and
we're going to pump it.
It's kind of a real when I saw it, like explicitly saying, yeah, we're going to take Bitcoin
higher.
I own all this stuff.
I'm going to be madly wealthy on the back of it.
Whether you think that's okay or not, that's a pretty good sign.
He's obviously in a pretty strong position to push through that sort of stuff.
He obviously is going to be in charge of the sovereign wealth fund.
He is the person who's been talking about the $5 million golden visas.
Maybe that's how they fund some of this.
Maybe that is. That would be unsurprising.
I still think that selling gold to buy Bitcoin
is gonna be difficult from a,
because even if you think it's gonna be good,
I still think that a lot of the Republican Party
is also like gold bulls,
or they would think that that was maybe a step too far.
But if they can use some revenue from this sort of stuff, then I think that could be
a smart way to get the ball rolling.
But I also just think this is just like a very supportive administration, clearly, for
all realms of crypto.
There is no one in such a senior position apart from Bukele potentially, that seems to be this
crazy aggressively bullish on Bitcoin. A billionaire is in charge of crypto or is very
linked to crypto policy in the US and he owns tons and tons of Bitcoin. I think it's a very,
very good sign. And what people don't actually realize, it was Howard Lutnick that recruited people like David Sachs that convinced
Elon Musk to come in and run Doge and stuff like that. The background story is stunning what
happened late 2024. This is the guy he's like he could call him the kind of like the almost chief
of staff puppet master type of thing. He was infamous in traffic before.
Like when I used to work in banking, like this guy was known about, um, he's
running cancer Fitzgerald, which is one of the biggest inter dealer brokerages
as well as like stock brokers in the U S um, known for taking that business
after nine 11, where obviously it was a tragedy for the firm and then building
up into still just being this behemoth.
Then he was an advisor. It's to Tether, wasn't he?
And they custody 83,000 Bitcoin for Tether.
And they are Tether's custodian.
It's much bigger than that.
Canterbury's hero is Tether's custodian.
So he's not quite like Jamie Dimon, I would say, is probably the most famous.
You probably hear about a lot, but this guy is definitely,
he was definitely up there as like, okay, you knew of him.
Yeah.
They bought 5% stake in tether holdings last year that's a 600 million dollar
investment exactly cto if i asked you two years ago or one year ago would all any of this even be
possible what would you have said i wouldn't have thought so not this soon no i i thought it would
take much longer it It's astonishing.
We're having like the president of the most powerful country in the world
shilling Bitcoin and crypto. It's saying the same things.
Like I actually went through it line by line and realized that I've said all those things
on my channel over the past couple of years, just phrased slightly different.
But the message has been the same.
And yeah, like the second, Howard Lutnick,
so he's secretary of commerce, right? It's a very powerful position on top of all the kind of human
factors that he has been key to recruiting some of these people and so on. So he's probably a mentor.
Yeah. Yeah, I wouldn't have thought so. Not this soon. I thought it would take many more years, but here we are. It's incredible.
And then with all the tariff terrors that we live through, which is a huge part of the reason that took the market down.
We'll talk about those in a minute. But it's Howard Lutnick as well who's behind the tariff negotiations too.
I mean, people just see the figurehead and they think this person's making all the decisions, but that's not the case at all. There's a lot behind it.
Exactly. That's a very key point, actually. It's very interesting this because I've never worked in any government. I don't know how it works, but I imagine that there are elements of it which is similar in the corporate and there it is exactly like that.
It's rarely the CEO who is the actual decision maker in
complex issues.
There is someone else who might not be head of anything or boss of anyone, but
he's like the most trusted thinker.
And that's the person that you need to convince because that person is the one who will convince the CEO.
And maybe it's Howard Lutnik who is the brain behind a lot of this.
Yeah, well, a lot of capital behind.
Also, we have, of course, Sator comes in and buys another nearly 7000 Bitcoin using, from what I understand, Stark.
I've yet to read the details, but I think they issued
STRK. I call it Stark, the preferred stock from MicroStrategy to buy the 7,000. I also said that
we would be above half million Bitcoin by April. Well, we're above half million Bitcoin in March
still. So the stacking is unreal. MicroStrategy has enough gunpowder to buy all of Bitcoin
supply over the next two, three years. And MetaPlanet does it too. MetaPlanet is a Japanese
company, the top performing stock in Japan. And they had a shareholder meeting. Okay.
And they appointed Eric Trump, I'm sure you saw this Marty too, to the board. Not only do they have Dylan LeClair, but now Eric Trump.
And this huge room in Tokyo, full, standing room only,
for this tiny little company.
A year ago, if you went to the board meeting,
the room was empty.
Today, it's packed.
These Japanese firms are all trying
to learn the MicroStrategy Playbook from MetaPlanet.
But I just throw it out to you guys, like Eric Trump, Dylan
Leclerc, the connective tissue, Trump administration, Bitcoin.
Is it not surreal or?
Amanda.
I'm not, I'm not a huge fan of the, of the Trump families move into crypto as much as I am about the administration
and Trump himself. The World Liberty Financial, I continue to think is, I don't know, I don't know
about some of their dealings, but it does feel as though MetaPlanet is really gearing itself up to
be a very, very big player. It's making the right moves, let's say, to potentially get the billions
of dollars worth of Bitcoin. I still think MicroStrategy is going to easily be the number one and continue to do that.
But yeah, it just feels like this is a tried and tested method, like that you can gain
shareholder value by doing this sort of thing. It's only a matter of time before a company that
isn't like ailing, let's say, decides to do this too. Like you've seen companies like MetaPlanet and MicroStrategy
and now Strategy have moved from being businesses which were
like doing something else or not doing it great and then have
kind of pivoted to this.
Like imagine if one of the Magnificent Seven decides,
hey, we're actually going to have Bitcoin strategy too.
I don't get it.
Do you get that, Manu?
Why isn't one of the big companies coming out and saying, guys, we're going to buy
Bitcoin, we're going to take some of our stocks and buy Bitcoin.
It's the best thing ever because what's going to happen with certainty, I can guarantee
it is that the stock is going to go up.
Why don't they do that?
What do you think?
Well, Tesla did it, obviously, and it was seen at certain times it's been seen as a tailwind,
certain times it's been seen as a headwind. I think right now it would be seen as a good thing
again. Maybe not have 100%, but like if Apple or Microsoft or even Berkshire Hathaway decide,
hey, we're going to do 5%, I think it would be taken very positively.
That stock would be up, up a lot just on that announcement.
I think so too.
Incredible.
And then we have other crazy news too.
We have Pakistan to look at Bitcoin mining.
And those of you who follow where a lot
of the money is in the world and the oil nations in the Middle East, Saudi, I think they had a fatwa
in March 2025 from some old cleric saying that Bitcoin is now halal. And now you have a lot of
the Middle East coming into Bitcoin. And they have been
for a while, but it's like Dubai is basically built on crypto, etc. But this is interesting
as Pakistan will be using excess energy to mine Bitcoin. And this is on top of so many
nations around the world doing this. Overall, another positive, there's only so much Bitcoin to go around and these big countries are just going from zero
To hero in a very short window of time
Marty you tracking this?
Yeah, just previously on on the previous point. I've been tracking marker
The Japanese company since early 2024 since they first started buying their first Bitcoin.
They have 33,350 Bitcoin, that the important number is they're up 68.3% on those acquisitions
and those numbers aren't going to be frowned upon for much longer. This is a company up 68%. So as
far as Magnificent 7 and other companies exposed to
Bitcoin or announcing it, I think exposing to it is one thing. Announcing it
is another. As we know, if one of them, those companies, announce it, the market
will erupt. So it'll be quite a, you know, very sensitive topic. But I personally
believe they are accumulating and getting involved as we speak. So just
wait for that. I think it's
all waiting on the Genius Act and the Bitcoin Act to get passed on the Senate floor. Once
that happens, you'll see a lot more of these larger companies come public as to their Bitcoin
acquisitions. Pakistan is working to legalize crypto. They created the Pakistan Crypto Council,
the PCC, much like a task force here in the US, and they're working on
a regulatory framework starting with some semblance of the micro-European framework,
but building towards the categorization of crypto assets. As I've always been saying,
we need to categorize crypto. Not all crypto is the same. In fact, there are vastly different
asset classes, store of value, execution network, utility tokens, security tokens, access
tokens, some are securities, mostly commodities, and they're working on that
right now. And that's going on with their finance minister, I think his name is
Bital Balib, who's a young guy guy and the point here to me is that any country or cooperation with a younger
leadership, by younger I mean not a baby boomer, is deeply embedded in crypto and all in on crypto.
Any company with an older boomer type CEO or formation is skeptical and going to be hard and that is what we call a transfer
of wealth.
It's happening in real time through this asset class.
The young people will front run, the older companies will be skeptical and they will lose
and they'll become Sears Roebuck.
That's my take on it.
Yeah, good point.
And then just a reminder again, we are still so early people say Bitcoin's done bull runs done.
Big ones never go anywhere. And yeah, if you if you debase the price of Bitcoin in 2021 to today, we're not much higher than that previous all time high.
So that will tell you two things one, either diminishing returns or two, there's still a lot left in
this bull run to go. We'll park that for now because we kicked that to death. But there's
another topic that I do think is very important. It got a lot of people excited over the weekend
on late Friday. The IMF says Bitcoin is digital gold. What are they up to? A friend of the
channel, Dennis Porter here, is a little bit skeptical. He said,
designed to be a good sign the IMF is recognizing, but not an endorsement of Bitcoin. Bitcoin is a
threat to the IMF and their hegemony of smaller emerging nations like El Salvador, etc.
I know you were tweeting about this, Marty, quite a bit as well over the weekend.
Give us an update. What exactly does this mean?
Yeah, I read the whole report. I don't think anybody's read the report.
Just remember, once again, these people tend to always be late to the party and finally
are right to never apologize. I'm right and never apologize. The IMF has an entire section
in their latest report on digital assets. Go ahead and I suggest everyone to go and
read it. They have BPM7. It's an entire new set of rules around digital assets. They talk about
ownership. They talk about stable coins. They talk about non-fungibles, fungibles. They talk about
everything. I've been following the IMF's reports for every year since I got into this game for six years. I've never seen
anything like this. There is an entire section of their latest report on
digital assets. They talk about a store of value. They talk about everything. Just
go and read it. Read for yourself. Don't listen to influencers. Get the document.
I post the links with every post I make,
open it up, get a cup of coffee and read this thing back to back, you'll walk away understanding
where this is going. So I'm a huge positive in your mind. Oh my god, this is just a bit as
bigger turning point as the government's turning point to me. This is a complete 180 degrees on digitization, tokenization.
They even use words like new financial system. Okay, yeah, I don't want to hear any people
doubting this. When the IMF says a new digital assets are a new financial system, wake up. Okay,
that is what's happening. We've been saying that for years. That is what's happening. Let's move on
Yeah, I think just to link those last two points like pakistan is another country which is
You know, it has has failed essentially with its budget
multiple times over the last 20 years
Recently just like it's been getting loans from the imf and you look at el salvador like the history of el salvador
10 years ago had
one of the highest murder rates in the world. Right. And now it's being seen as this big
turnaround story. And the IMF did actually kind of attack El Salvador for its Bitcoin
strategy. Right. Now, just like MicroStrategy, just like we spoke about with MetaPlanet,
countries which are, you know, ailing, they don't really know how to get themselves out of some of this rut, they're looking at this and going like, well,
why don't we just do this? Why don't we stop mining? We might have cheap hydroelectric power,
we might have natural resources, we might own like some of the power stations, this sort of stuff,
like why don't we get into mining? Why don't we get into a Bitcoin strategy? And the IMF,
a lot of these failed states have said no, El Salvador had the strength to kind of go about it anyways.
And now, it's like Pakistan can say, hey, we can maybe do this.
Sri Lanka, for example, another country that had issue with the IMF,
they could potentially do something like this.
There's loads of countries around the world which have IMF
basically overseeing everything they do.
And the IMF is now saying, hey, this might be okay.
Okay, so my theory, my theory,
I just add one point on that, because it's so interesting, I
so central for this whole movement that's happening, like,
success is a very dangerous place. And it's applies for
countries also comfort is very dangerous. So almost all the
previously successful countries, they kind of been skeptical to Alla de tidigare fattiga länderna har varit skeptiska till allt nytt.
De har varit skeptiska till bitcoin, försökt stoppa det, försökt fördela det,
för att fortsätta leverera deras läggande system.
Det har varit länderna som har varit i rutt, som har tagit upp det.
USA är nu det ena excepterat, där de försöker förvara på detta. that has picked it up. And US is the only exception now,
where they kind of try to move forward on this.
All other successful countries, they try to hold back,
try to delay it, and I think it will turn
into a massive disadvantage.
And it's exactly the countries that were previously down
that will gain a massive advantage from this,
with the exception maybe of US,
because they're actually taking a different route.
Interesting. So I understand that this BPM7 report is basically the IMF is
tasked with reporting any cross-border payment activity and what is legal or accept not legal
but accepted as cross-border payment. They have now included Bitcoin specifically as a device,
a financial vehicle used for cross-border payment. This is unprecedented that the IMF have done this
and like I said they go on in the chapter to define stable coins and all other forms of
digital assets acceptable for cross-border payments. Okay, so that's really what's going on here, is that the IMF
has now accepted that there is a new financial system and countries will exchange value and
do trade in Bitcoin and other, and obviously stable coins. And that is a major change,
people. I've been tracking this, like Mando just said, the IMF used to implicitly say Bitcoin was not allowed. They went after
El Salvador. This is a major pivot. Now whether it's political or not, I don't
know. The fact remains, go read BPM 7 for yourselves.
My theory is they're kind of boxed in. They didn't want to embrace
digital currencies at all, but now they know that
CBDCs are coming for some very large spots on the planet and that could be
their way of saying, okay, eating their crow and saying, okay, digital currencies
are okay because a lot of our member nations are going to be launching
central bank digital currencies.
I don't know.
It's a stretch theory, but we'll see.
Either way, be very suspicious of the IMF. They are not on your side. Very important. And then this, we found out last week that Russia, one third of their foreign exchange reserves are
in gold right now. And BRICS want to try build a stablecoin that's gold-backed, perhaps,
to try build a stablecoin that's gold backed perhaps to try combat US dollar hegemony.
This is from Max. What do you guys think of this? Because he clearly said in another tweet that
you can't have a Bitcoin backed currency because it's simply too volatile. But I think,
volatile. But I think, who knows? Who wants to take this one? It's tricky geopolitical
Bitcoin versus gold versus foreign exchange. There are some gold back stablecoins already,
which you've done pretty well so far this year. I think this completely makes sense. The BRICS nations and
a lot of the nations which are not allowed on the Swift banking system are seeing crypto in all terms
of payment rails. This is only going to grow. The longer and longer these countries are shut out
in various different ways from the rest of the global financial system, then they're going to probably use crypto and they know
they can like create their own basically payment system here.
So I think this is very unsurprising this would happen.
I still don't think that the BRICs are going to succeed with a currency, but I do think
they will use stable coins for a lot of their trade.
I still think it will probably still be dollar stable coins for for a lot of that trade. I still think it will probably still be dollar to stable coins. But yeah, I'm excited for the day where oil is traded in a Bitcoin denomination.
That would be super exciting. Speaking of rocket fuel and energy stable coin market cap hits a new
all time high $220 billion. It keeps on going up and to the right. As you know, especially you,
Marty track the circle stablecoin. They are
minting $250 million on Solana almost every day, which is bonkers. At this rate, by August
or September, Circle USDC could catch up to Tether because it's growing much faster, which
is again, just looking trajectories. Just looking at this like, yeah, the interesting thing for me here was just that we flipped
the ETH for a little bit last week, right?
There is a world here where the top three cryptocurrencies are Bitcoin, Tether, USDC in a year or two.
Like there's a lot of people talking about a trillion dollars
of stable coins, right?
That probably takes tethering USDC to hundreds of billions.
And then you've got a question like,
what does it flip in the process?
I would be unsurprised if that's the world we're living in
in like a year.
And with the way I look at stable coins, I look at it like a caveman.
This is rocket fuel for crypto.
For no other reason.
This will eventually find its way to buying a token or a lot of it in some way or another.
CTO, thoughts on new stablecoin market cap, nearly a quarter of a trillion dollars?
Oh, yeah, absolutely.
I think maybe sometime in the future, stablecoins will be used for trade or something like that. But I think exactly
like you said James, the reason for holding a stable coin today is to make it easy to get into
the crypto market one way or another. That's why people hold stable coins today because it does
carry a risk. We talk about like we all have memories like Goldfish here, but it's not so long ago that
I had swapped from one stable coin to another stable coin because it almost depegged and
then the next day the other stable coin depegged and I had to run up.
I ran up the stairs from the subway when I still lived in Sweden to run into my office
and swap it into another one because it was a real risk of it depegging major.
And fortunately, it carries a risk.
No sane person would hold stable coins for a long period of time unless you want to buy
crypto because you don't get any interest on the money usually
and it does carry a risk. So why would you do that unless you want to use it to buy big and say in
Bitcoin or some altcoin or something when the opportunity presents itself. So I agree. I think
it's a massive. Positive sign, and that means that the market can turn around very quickly with this much money.
That's like one click away from going into some asset.
Good point. Good point. Speaking of money, this was not on my bingo card in 2025.
Ethereum revenue falls out of the top 20.
Pulse X, CTO, you know a friend of ours, Ivan loves this stuff.
I mean, Pulse, joke, it does more revenue than Ethereum.
Marty, what do you make of this?
Nobody uses Ethereum. I mean, Ethereum relies on use. What do you make of this? Um, nobody uses etherium
I mean that's there relies on on use these these proof of work change
They require volume without volume. They don't have revenue. So it's not being used and adopted
They don't have revenue. So the l2s have all the revenue in etherium. Yep, exactly the way it goes. That's the architectural decision
Um there we knew this would happen. That's why the price is going down.
The problem I have with this is that the second base maker token, remember once the genius act gets passed,
FIT21 or a similar regulatory process comes and people can start to issue their own coins legally.
Coinbase will issue their own base coin and Ethereum will probably die, in my opinion.
That's my opinion. We'll see. But yeah. And you know, totally ripped into ETH and the layer twos
over the weekend as well. It's like everybody's throwing rocks at Ethereum layer twos. This is
stuff that we've been saying from a technical perspective for years now and CTO you and I have had this debate since 2021.
But and you mentioned Marty, L2s are cannibalizing the mothership Ethereum and they are taking 85% of the revenue leaving nothing for the mothership.
But totally says here L1s can be faster cheaper and more secure and even
more decentralized there's no need for L2s and this goes back to a technical
infrastructure architecture question Marty true false and then CTO true or
false well I mean an L2 was only built because to create a faster sequencer. Basically the L2 is just a queue.
Remember the analogy 10 shows ago? You're at a nightclub, there's a long line, there's a bouncer
at the door, right? You can't get everyone into the club until everyone's name is checked.
An L2 is just a very sophisticated line with a sophisticated bouncer with a whiter. That's it.
So once you get people into the club, they're in the club, but now they're not settled on the blockchain, right? And L2
doesn't settle. It settles on its own blockchain. It batches all the
transactions together and timelessly writes them to Ethereum in one big blob.
Okay, so it's an extremely different architecture and the point Tole is making is the
point we've always said is the Ethereum problem is not the problem of blockchain. It is an Ethereum
specific problem. They architected an extremely slow governance model and it's just slow.
The way that all the validators have to validate every
transaction is slow. That's why theorem is slow isn't inexpensive. Well, Gen 3
chains made faster L1s. You don't have that problem. You don't even have to
think about that problem. It's not a problem. You have an extremely fast
sequencer built into the L1. You don't need to farm off your sequences to L2s. And so he's 100%
right. There's no reason to build L2s. I've never understood it myself.
Personally, and it's now coming to light. There you go.
CTO, as a technologist, how would you fix Ethereum?
Oh yeah, I have to completely rework it. Yeah, rewrite. Exactly like Martin says.
I feel that they took a massively wrong decision. Ja, re-kast, exakt som Martin säger. Jag tycker att de tog en massivt förvaltning.
Som L2 idag, de befinner sig i end-user.
Jag tror att det här märkningen är att det var väldigt svårt för de här väldigt stora bränarna
att tänka på människor som inte är så advance.
Så idag när du använder olika L2, det är som om du använder olika nätverk.
Du måste vara involverad, ah, nu är jag i den här nätverken, nu är jag i den där nätverken.
Det skapar friktion, inte ens om det är en typ av tekniska problem,
som om det är centraliserat eller inte, och det är nog inte så.
Men de hade en annan idé från början, som kallas scharding,
vilket var en idé att göra en hierarchisk struktur för kapacitet utan att involvera end-user.
Men de gick inte för det. De gick för att l2-tracka. Jag tror det var en misstänk.
Jag tror de behöver backtracka. De l2-trackade blev kompetitorer.
Jag är väldigt överraskad om Base inte i alla fall säger att vi inte behöver Ethereum.
Vi kan göra vår egen channe här. If base doesn't in the end say that actually we don't need Ethereum at all, we can do our own chain here.
You know, there's base 2.0 or something which doesn't even use Ethereum.
They could easily do that. They're not dependent on Ethereum in any way.
So Ethereum built a bunch of competitors where it really feels you're going to a different network.
It's like going from one Ethereum att gå från en Ethereum L2 till en annan Ethereum L2. Det är som att
gå till Solana nästan. Det är som att du går in i en annan nätverk. De byggde 20 kompetitorer
istället för en kohesiv nätverk. Så ja, jag tror de behöver backträcka och om de kan
skapa det, de måste bygga massivt, snabb build massively faster, cheaper, better L1.
That's going to take years from here.
So yeah, I think they have a problem.
They made a roadmap that presented their roadmap.
I think they had it up to 2029, right?
The delivery was 2029, 2030.
But by that time, you can imagine what's going on in the world.
I mean, I think it's a little late.
Exactly, exactly, exactly.
I agree 100%.
OK, CTO, while you're on, can you pull up the Sol chart?
I mentioned in a post over the weekend
that if Sol can get above 132, it's
primed for a breakout to 150 plus.
And yeah, it's been crap for a long time chugging along down
here.
But what do you see? Breakout terms? It's very, very interesting.
I see two things here. One is, if we look on the USD chart first, as you mentioned,
there was a very, very key support here, which I had at 128. I think you had it at 127.
And you know, markets be markets. De fejkade lite.
Du vet, du rör priserna lite under support.
Till att hitta några stopplöter.
Och sen bringa det tillbaka.
Så du vet, det är liv, det är marknader.
Men nu är priserna beroende av det supportet.
Om vi ser på den sålda BTC-kart, vilket är mer av mina favoriter.
Vi har en dubbelbottom här som faktiskt är konfirmat idag. support. If we look at the sold to BTC chart which is more of my favorite, we have a double bottom here that actually confirmed today. So here is one bottom, here is one bottom and when price breaks
above that level that's a double bottom. So yeah and it kind of front-run the other support level
I had drawn here. So positive signs in the sold chart as well. I think this dip below support Jag hade en här så positiva sänkningar i sålt. Tjartas väl.
Jag tror att det här dyrt beroende av support var en fisk.
Om vi ser på det nu så ser det ut som om det var en fisk.
Och jag tror att hela den här narrativet med anlöks och så vidare.
Jag tror att det var som om det var planerat här.
Du talar om anlöks och hur dåligt det kommer att bli och priserna.
Dumpar. Ja, då kan du köra tillbaka en liten.
Som Mark så visar du många gånger där du vet att marknaderna som resultat will get and price dumps and yeah, then you can buy back cheaper. As Mark, you showed many times there that, you know, market makers as a result actually
could buy back the stock, buy back the coins cheaper than they sold.
Good point.
Yep.
All right.
We've got some other stuff happening in the world.
We have huge flows coming into us stocks for the first time.
Basically us stocks got hammered in January and money dried up and all of a
sudden the world is now once again, investing in us stocks, many of them
being kind of AI stocks and also another news, and I know Mando, you're aware of
this one too, retail is going all in on stocks. Investor allocations to equities is at an all-time high.
So not only are retail 14% of American citizens, what I understand, are in crypto,
but now they're going out on the risk curve, getting into equities. Now, there's two ways of
interpreting this chart. One is you can look at the dot-com bust,
which I lived through.
It was a bumpy time.
And are you seeing the same signals here?
Or is it people just say,
well, there's a revolution at hand.
We all know what that is.
The era digitalis, as CTO would say.
And people want a piece.
Or the bond market's dead, or what do you think?
Yeah, Manda.
I think this is quite high.
There's not denial.
Like, a chart like that does show you
that there's been some excess investment,
let's say, in the stock market.
But after COVID and just a decade plus of money printing,
it kind of makes sense that you put more of your money into riskier things. I think that is like
the number one question on everyone in macros lips. Like, is this going to be, are we about
to see a dot com style correction or not? And one of the cases for it are, yes, huge allocation,
valuations which often are baking in, like you said,
a revolution and wild multi-trillion,
quadrillion dollar market cap expectations across the board.
And then you've kind of seen like the China shock happen
and things have kind of deflated. I don't think it's good. It is that sort of level. Like I don't
think I think there's a there is going to be sustained value shown from from from all of this.
I do think that we will have potentially it's not just a US story. I think that's something that we're going to have to come to terms with,
is that with AI,
it becomes maybe increasingly easy to catch up on certain things.
Maybe not on the chips that are being created,
but other aspects of the AI story,
you can see other countries,
other companies catching up with some of the US companies quicker than maybe that we would have
expected, right. And that's, that's from LLMs to self
driving cars to robotics, like, there's stories happening all
over the world and all of these right now. And I think that's
that is something to be kind of cognizant of.
But I don't think this is going to be some sort of spectacular blow up of the same level that you saw during.
No, this time is different.
We're seeing we're seeing a revolution.
And this guy, Jensen Wong, the CEO of Nvidia, he's been calling things almost
perfectly, but people don't listen to him until about two years later.
And that was the same thing with using his graphics card chips, his GPUs. He said this
is going to fuel AI. People thought he was full of poop. That wasn't the case. Now, he
came out and said, this is from Shay, Tesla is leading with real world humanoid AI. People think it's fake.
It's not.
NVIDIA is fueling robotic intelligence,
ISRG, surgery, medicine, all that stuff,
and then Amazon logistics at scale.
Marty, what's your take on...
I created this term bot GPT moment,
as in chat GPT, but robots are coming,
fit fast and furious.
Are you a believer? And what impact will it have on the people in the audience here? moment as in chat GBT, but robots are coming fit, fast and furious.
Are you a believer and what impact will have on the people in the audience here?
Yeah, absolutely.
Um, I think people have no idea about the current use of robots in manufacturing.
I mean, there's nothing that you buy on Amazon that isn't made by robots already.
There's a couple of things.
I mean, people always a little bit behind on the news understand that just to the previous point. I think people are investing in stocks because they know
the interest rates are coming down. So if you have money, you've put your money
into money markets and savings accounts to get the high interest rates. Well if
interest rates are coming down, well where are you going to get the high interest rates. Well if interest rates are coming down, well where you gonna get those that yield? Housing market has not corrected yet. I
believe it will. I believe the housing market will correct over the next six
months. So you go to stocks and there's not a person you know in your life is
not in that position. You know I'm not earning the 5% interest I was in my
savings account. I need to prepare. Where am I going to get money? You put it into stocks. I also believe, go to the
next slide, A.I. on robotics, the narrative is growing, that it's going to be the
next revolution and these stocks you must own and I think people are entering
them and I think Jensen is right. Everything is robots nowadays, everything.
From the manufacturing of food to farming to automobiles to
everything. Even the other day I saw them rebuilding a highway and you know
there's a few men standing around but mostly it's these robotic machines that
actually take the raw materials from the sides and make the road. Everything will
be robotics. The question I keep asking and I ask at every show,
what are people going to do when they lose their jobs?
I don't know. Nobody talks about it.
Trump doesn't talk about it.
Vance doesn't talk about it.
The Democrats didn't talk about it.
What are people going to do?
AI and robotics are taking jobs by the day.
What are people going to do without their jobs?
That's a bigger question.
I would love Jensen to answer. What are people going to do? Go ahead.
Yeah, I've been warning you ever since November 2022 is like a smack in the face for the planet
CTO. Again, we every every week, I know people get bored hearing about it, but AI is profound and is the biggest
industrial revolution to hit mankind, I believe, ever. And I'm not the only one who believes that.
What about you? Oh, it will change everything. I think we, not even Aasia, can fully understand
how big this change is going to be. And it's going to change everything. So everyone sitting with a safe job,
your job is not safe probably.
So yeah, can as well take some risk
because the status quo isn't safe anyway.
That's my conclusion from all this.
Hmm, interesting.
That's too much to say about this topic.
I want to show the Tesla chart.
I'm dying to show the Tesla chart. I'm dying to show the Tesla chart.
Let's talk double weekly hammers.
Yep, so ladies and gentlemen, what we're looking at here, it was brutal. We had this perfect breakout through this diagonal, which was sort of an ascending triangle. It broke out. Beautiful, beautiful. Then brutal retracement.
I think it was 52%. Was it 52 or 53%? More. 55. Something like that. 55%. Yeah, 55.5%. Absolutely brutal.
But then if we zoom in here, guys, look what happened now. We had two of these wicks down.
If it's too small, you have to squeeze your eyes closer to the screen because there's two wicks Vi hade två av dessa vicks ner. Om det är för små, så måste du skruva dina ögonar näst skärmen.
Det är två vicks ner.
En vick betyder att priserna går ner.
Bland annat, så sker en direkt köpreaktion och skjuter prisen upp.
Nästa vecka, så skedde det ner igen.
Det samma händer.
Bland annat, en direkt köpreaktion och skjuter prisen upp.
Varför skedde det?
Det skedde precis på den diagona linjen.
Och igen, det är inte magiska,
det är inte några magiska linjer.
Det är för att jag inte är den enda som kan dra den här linjen.
Många människor kan dra den sammanlända linjen
och därför sätter de deras kökordnader där
och därför skjuts priset upp exakt från där.
Och nu, i dagskurvan,
priset börjar gå upp från där. that's why price shoots up exactly from there. And now the current week price is starting to move up
from there. So for all the Tesla bulls out there, all the Tesla fans, this is of course fantastic
news. Suddenly this chart looks great. And this was, it's like you said James, it's quite rare to
see two of these. Usually it's only one and then price shoots up now that it's like you said, James, it's quite rare to see two of these.
Yep.
Usually it's only one and then price shoots up now that it's worth two.
Especially with that amplitude, the depth of the tail.
Very rare.
I looked at a whole bunch of charts last night trying to find one I couldn't.
So yeah, and it's interesting because we do have this weird phenomenon happening right now.
Not just double candles, but we
have Tesla backlash to the backlash.
There's people revenge buying not only Tesla stock, but Tesla vehicles and they're sold
out across the United States right now.
Just bizarre.
Q1 normally sucks.
It's a weak quarter for cars.
But anyway, enough on that because we know people don't like it.
A little bit on macro before you wrap and And don't forget, everybody, links below on my channel
and on where you're watching for Mando and his newsletter
and follow him on X.
Marty Parties, Spaces Master, he's up there all the time.
And great posts on X around how you're being manipulated
by market makers.
And of course, CTO, his website, his YouTube channel,
his X, so much fun stuff.
Some spicy stuff lately too.
But this is one thing which I find very alarming.
The reason we all here kind of share content is to try to help people get an escape from
the matrix.
And if you look at the intergenerational wealth and who has the most, and I know people found
it pretty disgusting that Howard Lutnick has a billion dollars in micro strategy and a quarter of a billion dollars worth of Bitcoin, and he doesn't
care. But this is, you know, he'd be in that baby boomer category. Then Gen X, you can see baby
boomers hold all the wealth, Gen X hold maybe 14, 15% of it. And the millennials, a lot of hopefully
younger people here in the audience looking
at this, they may not be aware of where things are. Or maybe they have a Gen X parent or
a grandfather or grandmother that has a lot of wealth that they can inherit from. But
this is kind of stunning and we've never seen such a crass spread between intergenerational wealth
in the history of the planet. Thoughts, Mando? This is US data, by the way, not European.
I mean, we all feel this, right? The housing market is the most unaffordable it's been
for the majority of people at the moment.
This shouldn't really be a shock, I think, to anyone, the state that it's at.
It probably does point to, as Marti was saying earlier, young people coming in and deciding
that maybe we want to use a different system, and that can feed all the way up to the government
level as well. Lutnick's more of a boomer, but you could argue that these sort of policies probably help
younger generations more. And we've spoken about how Trump actually may do some things that are
like intergenerationally unpopular for older people, but he still manages to keep high approval ratings because they are
beneficial for younger people. So I think you're going to see this is something that just can't
persist, do you know what I mean as well? So I do think it points to things like Bitcoin,
a new financial system, people trying to tear down some of the issues that you're seeing
in housing or social security pensions that we've been spending too much on.
And yeah, I think this is kind of a bullish Bitcoin chart as most charts are.
Yeah.
And do you believe, CTO first, Millennials can catch up by embracing things early by
front running say TradFi and Wall Street, embracing AI and crypto?
Yeah, I mean, this is a very, very interesting chart you showed there, James.
I mean, the sad reality is that the old people will die at one point, and probably the younger Jag menar, den sämsta realiteten är att de gamla människorna kommer att dö på en punkt.
Och nogligen kommer de yngre generationerna att investera i pengarna annorlunda.
Jag tror, som du sa, att det här är väldigt bulligt bitcoin, som du sa, Mando.
För att de yngre generationerna, som har det här pengarna, kommer inte att köpa bonden.
Jag tror inte. Jag tror inte att de kommer att köpa gul så mycket. inheriting this money, they're not gonna buy bonds. I don't think. I don't think they're gonna buy gold so much.
They're gonna buy crypto to a much bigger extent than the baby boomers.
And can they catch up?
I think the deal to work has gotten worse over the past couple of decades.
Like two decades ago, if you got a good job, you bought a nice house,
you could support your family, a nice house, nice car, a good life.
The deal has kind of gotten step by step worse.
Can't buy the nice house anymore on a good salary.
And I feel that a lot of people feel it.
They want a different system.
It was a good term you said, man, a different system.
And a lot of people are, of course, looking at crypto as a way to kind of find that different system.
And yeah, I think James, you're right.
I think it is possible to catch up.
Absolutely.
It's possible to, but it doesn't come easy.
Like nothing worth doing is easy.
I can give you guys the numbers.
You guys want to hear the numbers about this?
The transfer of wealth?
I studied this very deeply.
There's a company called Cerulli, C-U-R-U-L-L-I Associates.
They study this stuff.
So does WealthX.
There's two companies and Bank of America put out reports.
But Cerulli estimates $84.4 trillion will transfer
between the silent generation and boomers. The silent generation were the 20s to the
40s. The boomers were the 40s to the 60s, people born then. Will transfer between those
generations and Gen X and millennials and Gen Z over the next 10 to 30 years. That's 84 trillion
dollars. WealthX estimates 72.6 trillion and Bank of America suggests 72.6
trillion. Remember 72 trillion is ... Bitcoin's entire market cap is two trillion people.
Understand this is money going from older people to younger people.
What will younger people invest the money in?
They will immediately sell DuPont stock, Ford stock, Home Depot, Raymond James.
They will remove the money from Raymond James and they will buy crypto.
This is going to happen. It's not speculated. It's called a 10-year inheritance gap between 2025
and 2035. It's called a total wealth transfer process. It's literally the entire wealth of
two generations will move from the
boomers and the lost generation to Gen X and millennial. Obviously you will see
the government jump in and try and tax the hell out of it. You'll see
intermediaries come along and try and grab some of it, but there's going to be
between 70 and 80 trillion dollars coming into our markets over the next 10 years.
Remember that.
It will be, it will be, it'll be monsters.
They say you can't beat time, right?
This is, there's nothing you can do about it. Those people will die.
There's nothing they can do.
It's going to happen.
This is not speculation.
And super quick.
Well, well, the world freaked out about tariffs.
We knew they wouldn't be able to implement tariffs in the current form, just
a straight 25%, for example, with Canada, Mexico, because it would implode, for
example, the U S car making industry.
Now they're becoming much more surgical.
And this is Scott Bessent, who had a brilliant interview with
Shamath and Freeberg on the old pod.
When you, when you listen to that and you understand the smarts, you compare
this guy to Janet Yellen, it's where you're on a different universe.
It was just glorious to hear the intelligence of this man who's been
around for a long time and also is worth billions.
They are now sacrificing their life to work around
the clock to do good things. So anyway, that's the reason not to be alarmed about the tariffs.
Now, if somebody does currency manipulation or plays hardball with the US, yeah, they'll put them
up, but they're going to be much more surgical. So it was all a ploy, art of the deal negotiation.
And then the other thing thing which is also alarming,
that should be mortgages, not meetings by the way on the title, it must have auto corrected.
Over 11% now of mortgages in the United States are delinquent and that is with very low unemployment.
So we have an alarming situation here which tells the reason we care because rates will go down, which means risk assets will go up.
But they've held these persistently high mortgage rates, a lot of fixed rates have converted to variable rates, which are killing people.
Home prices are high, like you mentioned.
Mendo, rising insurance premiums are killing people, property taxes are killing people, higher for longer is killing people.
are killing people, property taxes are killing people, hire for longers killing people, rates
will be cut this year. I estimate at least three rate cuts, which will help us all. That
is the kind of agenda. We're at the hour mark right now. Closing thoughts for the markets,
for the people, what to prepare for this week. Any shopping lists out there? Mando?
This week actually is much quieter than last week. So last week, we had three different central banks making decisions.
I think the main thing will just be some more details maybe about
these tariffs, which will move around markets. On Friday, we
have the Fed's preferred inflation metric, which is PC
inflation. And I think on Thursday, you have GDP, but definitely quieter week than last week, barring nothing crazy. Maybe we'll see some headlines around the Ukraine peace settlement.
They're there being in Riyadh at the moment. So hedge funds were the most short stocks they have been since
COVID, and retail was buying. So you have this great dynamic at the moment where retail is
short squeezing hedge funds across multiple asset classes. And I can just feel it. You can feed it
on the timeline that people aren't, they're worried, oh, it will stop at 90. Well, who knows?
aren't, you know, they're worried, oh, it will stop at 90. Well, who knows, like it can, it can,
we can short squeeze just as, just as far as you can fall out of bed in liquidations, you can,
you can short squeeze quite high. And you can see that in a lot of the major tech stocks as well. So
I'd be unsurprised if this short squeeze goes a little bit further than people were expecting.
I do, I don't think we're going back to all time highs
as in like in the next couple of weeks or something like that.
But I do think it sets the stage for us hopefully reclaiming
that 88k level as a level of support.
And maybe we can hold on to that for a few months
and global liquidity will come in and get everyone bullish
again.
So I think we're in a very good spot.
Awesome. Good summary. Marty, what's your take for the week ahead? Are you buying anything? People
are talking about Walrus and Zeus for some reason. Yeah, I mean, you know me, I'm an L1 token investor.
So I stick to pretty much Solana, Sui and Bitcoin. But I do flirt
with ecosystem projects and I try to pick one or two for each of those. And
I'm a big Zeus fan. I believe that Zeus will bridge Bitcoin and deliver what
Lightning was always supposed to deliver through the use of Solana as the
execution layer. I'm a big believer in Zeus. I've been accumulating since 20 cents.
And so Zeus, I believe, is a must own. And then on the Sui side, I think that obviously Deep Book,
Deep, their decentralized order book, you know, cross-chain liquidity layer is a great hold. And
then the new one is Walrus, which is decentralized storage, you know, kind of like R-Weave, etc., but just in a much more sophisticated way using obviously the infrastructure
speed of SUI. Walrus is supposed to TGE this week. I'm not going to drop the exact names. I'm not
allowed to. Sorry, the exact dates and times, but it will be this week. Watch out for Walrus, W-A-L,
it will be listed on all exchanges. You can also swap for it with Sui on Hop Aggregator, etc.
or Cedars Hop, etc.
So Zeus, and then there's a couple more in Sui that will be coming along.
But Zeus and Walrus really, I believe, are the ones you want to hold.
How long you hold them will be up to you.
You may want to trade them, you know, sell the highs, buy in lower, etc. But the announcers will come fast. Walrus will be adopted, you. You may want to trade them, sell the highs, buy in lower, etc.
But the announcers will come fast.
Walrus will be adopted, you can imagine, decentralized storage is going to replace cloud. So it's going to be content creators,
meta.
Anybody that has content will start to look at decentralized storage of content
for dirt cheap, almost free, and it will compete with AWS.
So there'll be a movement away from centralized data storage to decentralized
data storage using these faster underlying execution layer databases like
Sui and Solana.
And on the Zeus side, you're going to see the activation of Bitcoin liquidity and all
proof-of-work liquidity, right? We're talking Litecoin, Dogecoin and Bitcoin
cash, all of these sort of legacy dinosaur assets which are so widely
held, being able to be liquefied, I call it, through the Zeus layer. Look at
those two things. Also just remember guys, the CME now has Solana as the third indices. So there's Bitcoin, Ethereum and Solana. If you go into all
the CME websites you'll see they're tracking them. There's Solana indexes. We
have a big three. We also have volatility shares. We went live with Solana futures.
Last week a lot of this action on Solana is going to be around that. There's 1x
longs. There's 1x longs and two X shorts,
or something like that.
So they've now embedded Solana into the CME,
into the underpinnings, and expect five Solana spot ETFs
to come out over the next, I would say,
I think it's a 45-day window they had last week,
so around a month's time.
I think that's going to be a massive explosion in these networks. Expect Solana and Sui to have unbelievable release energy coming up over the rest of the year.
We know what Solana is capable of. They do the best ads and their release strategy when they kick
it off. It just seems like every week a new thing. I think Sui is going to do the same thing. And so
I'm very optimistic about getting a bag of wool and continuing to accumulate Zeus under $1.
Those are my outlooks for the week. And a big thank you to our moderators,
Tindit, Azashan, Donnelly and Evry as well. Final thought to you CTO before we
wrap. We have a lot of people watching, 14,000 people watching the show. Yeah,
it's amazing.
Thanks everyone who put up with our ramblings here.
And I mean, I'm trying to not get ahead of myself.
I'm very excited here.
It feels like the turnaround in the market.
I do want some more confirmation, but yeah, I'm very hopeful and positive here.
And I've been many of the old coins, they've had brutal corrections like 50, Jag är väldigt hoppig och positiv här. Och jag menar många av de gamla kronorna har haft brutalt korrektioner,
som 50, 60, 70, 80, 90 procent.
Så vi är i en bättre position nu
än när korrektionen började.
Så jag är exakt, jag hoppas
och jag vill lite mer konfirmation
att vi kommer tillbaka.
Och det vi inte talat om än idag är att bitcoin fortsätter
följa med den stockmarknaden.
Så jag tror att det är två bra kläder vi har.
En är stockmarknaden.
Och det fungerar fortfarande.
Stockmarknaden har bäst, bitcoin har bäst med det.
Den andra är Michael Saylor köpte i Volum. Nu har han bort igen med Volum.
Så vi fortsätter att monitorera det. Jag tror att de två bästa kluter vi kan få
utan Stockmarknaden som så.
Jag menar utan priserna som så och naturligtvis alla långsiktiga effekter. Sorry, other than the price chart as such and of course all the long-term effects.
But all these long-term effects that are undeniable that's happening in the US across the board,
they have long-term effect.
That is very clear.
But how they will affect short-term like on day-by-day basis that maybe will not impact
so much.
So those are the clues I'm looking at.
And over the next 12 weeks, it's pretty much guaranteed there will be a rate cut from the Fed
and that will help our risk assets. So everybody stay tuned for that. Thank you everybody.
Wishing everybody here for a great week. The temperature in the room was much warmer than
much friendlier than last week. People like when markets go up and that's just human
nature. But thank you all for being kind. Thank you, Marty. Thank you, CTO. Thank you, Mando.
Links below for everybody. Follow them all for the most perfect mix of alpha you'll find anywhere.
Happy Monday. Happy week. Bye-bye.
Thanks, guys. you you Thank you. Thanks for watching!
