35 Burst results for "At Least One Hour"
A highlight from It's Finally Happening...
"This -Palestine Israel war is very personal to me, it's very close to me. I was born in Israel, waking up and seeing people slaughtered in cold blood is tough. And as personal as it is to me, I have to accept that there's another side to this and that there are civilians being killed on both sides. We all know Ren, and although he doesn't express himself too much, you can really notice when he's going through something hard. Although he's deeply affected by all of this, he still has a very balanced voice and still deploys the show, and I think that's really awesome. I understand that the community is separated here, and so what we're going to do at all costs here is to make sure that we don't get involved in the war. We're obviously going to cover it because the events of the war affect the prices of Bitcoin, affects the money supply, affects the US budget deficit. The show must go on. Bro, the market is cooking today. Nice 150 % in a trade. Mr Diddle! What's happening bro? What's up man? How you doing? Very very well, thank you. That little trade that you told me to take yesterday? 159 %? Yeah. And you were going to close? Yeah. I'm glad I did it. Well done, well done. So the main reason for working here, everybody knows it, no one verbalizes it. There's so much alpha that goes on and information that goes on in this place that everyone wants to be on the research call in the morning because you know that should something good come up, you can make money for the day absolutely. Must I leave the trade now? Exit, keep it. Bro let's check, let's see where we are. It's Toronto? Yeah. Try. Oh yeah, this thing's moving. It has broken through a zone but it is hitting resistance here. 12 hour is your entry. We just had this pullback so you can hold it but look to exit under this one hour candle here. That's probably your safest area or you just TP here and then you're done. You know what, I'd rather be safe than sorry. I'm going to take profits now. Let it reverse and come down a little bit, there it goes. Every morning these oaks come knock on my door, they want to know the levels, they want to know entry points, exit points but I help them you know, if I'm not busy I sort them out but again, watch the show. Bro love on camera, there you go, flash closed, confirm closed, done. Done. Sorted, sorted bro, there you go, that's how we bro. Well done. Shot, appreciate it man. I'm always taking control and now I'm in this situation where if I work with anyone else that doesn't want to work with Banta, I have to give that up. Everyone's trying to find out what's happening with Annie because she sent an email and now she's actually sent like an actual video where she seems to be crying a lot. I've got my hands on the video, I'm trying to figure out like what's actually happening here. Everyone is, everyone's wondering. Just the whole story, here we go. Before I came on board with Banta, I had my own business, I had my own channel, my own social media, my own whole team, worldwide team, massive discord, happy customers and I thought that the growth was just too slow and I wanted to reach a lot of more people and that I needed the leverage of a bigger channel to do that. But at the end of the day, neither of us knew what the perfect solution was because we've never done this. He's never taken on someone who didn't like already have an existing thriving business. As I've said many times before, I love Annie. I appreciate that she's come from the past where previous partners have screwed her. She brings that to the table unfortunately and I understand that she's got these guards up.
A highlight from ROLLUP: The Bull Market is On | Ethereum ETF | Near Layer2
"Bankless Nation, it is the second Friday of November. David, tell them what time it is. Oh, it's bull market time, Ryan. It's a bull market. It's a bull market. It's also, what's up? This is a special edition of the weekly roll up. And you told me not to ruin this title, this theme for you. So I'm not going to do it. Go, you say it. It's the, we are so back edition of the Friday bankless weekly roll up where we cover all the weekly news in crypto, especially focusing on the markets this week because God candles are happening. Coins are moving. We're getting the double digit price movements. Markets are alive. And NFTs are no exception to that. Everything is up. Every single listener of this podcast has more money today than they had last week. So congratulations. Pat yourself on the back. I declare that we made it. We made it through the pair. We made it. The bear's over. You're saying it? It's official now? It's official. All right. Well, so everybody is up on the week, except for those, those few Fiat Maximists. Except for the short sellers who are idiots. Do you think any Fiat Maximus and short sellers listen to bankless? How dare they? Just hate listens. Hate views, hate listens. Guys, in addition to the markets though, we've got a few other questions that we're asking. I'm going to rattle them off. Did BlackRock just file for a new spot? Eth ETF is near moving to Ethereum. Did Elizabeth Warren apologize for lying about crypto? I bet you can guess that last one. There's so many questions today. There's a lot of excitement going into the episode. David, before we get in, want to shout out our friends and sponsors over at Linea. They are inviting the bankless nation to go on a voyage. This is a DeFi voyage, a crypto voyage, because they have a new ZK EVM that you absolutely have to check out if you want to pioneer the frontier. David, tell them about Linea and what is the voyage? The voyage is six weeks of 10 ways of activity, 10 core tasks, some optional bonus tasks as well, with over 60 DeFi apps all to engage with. Why would you engage with them? Well, you know the points mechanism. FriendTech did this. They're giving out points. Linea XP, Voyage XP, is like a game, non -transferable ERC20 token that you accrue for going on the Linea voyage. So there is a link in the show notes to explore what is a new ZK EVM layer two on the scene. So you can collect some Linea XP by doing the Linea voyage. There's a link in the show notes. I think this is where we're going to spend the bull market, David, is on roll -ups and layer twos because Ethereum gas fees are going up, my friends. Oh, they are not low. We got to migrate. We got to migrate, but let's talk about the markets. All right, these charts look so beautiful today. This is the Kraken Bitcoin chart from Kraken Pro. And look at this candle up, this big green candle, followed by a candle down a little bit, but I'm still happy because it's still up. Tell me about this candle, what's going on? What's the price on the week? Yeah, Bitcoin started the week at 34 ,600, trying desperately to get its head back above 35 ,000 and not fall resistance to that, not fall back down. And then it just like blasted through right before we started recording, touched ,000 $38 going from right below $35 ,000 where it's been all week to $38 ,000. It is now at the time of recording at 36 ,500. So coming back a little bit, but 36 ,500 is real nice. Really, really nice. It's really nice. And this is the highest Bitcoin has been. I mean, I'm just scrolling out on the Kraken chart here. Like 24 months, how long has it been? I got to keep scrolling. It's been a very long time. You can't keep scrolling because your candles are one hour candles. So if you go up to the top one day, yeah, this is how you use Kraken charts. How I trade. Okay, yeah. Here we go. So look at the line, see where it intersects. May of 2022. Okay, so we killed the FTX liquidation. Bitcoin replaced that pretty early, in early 2023. And then halfway through 2023, we erased the three arrows capital liquidation. So three arrows capital is now in a distant memory. Those are no longer relevant parts of the market. And we are in process of finalizing the removal of the Terra Luna dump, which happened in May of 2022. We're almost there. I think if we just get maybe up to back, if we hold $38 ,000, Terra Luna is in the rear view mirror. It's also the season where you're starting to get, you're gonna start to get text messages from your friends and family. You have? My very dormant crypto chat that was dominant throughout 2020 and 2021 is now like, oh, we're back, baby.
A highlight from 1454: How Much Will 1 Bitcoin be Worth By 2025? - Fidelity
"In today's show, I'll be breaking down the latest Bitcoin technical analysis, as we're currently pumping, looking to retest 36 G's baby. And quoting the high priest of Bitcoin, Max Keiser, Bitcoin separates money from the state, defund monarchy, defund the central banks, Bitcoin fixes this. He also predicts rate cuts will boost Bitcoin to his $220 ,000 target, send it, let's freaking go. Also breaking news, Bitcoin ordinals see a resurgence on the Binance listing, we'll also be discussing Caitlin Long's Custodia Bank officially launches her Bitcoin custody platform, as well as Hong Kong is now considering crypto ETFs as part of an effort to become the leading digital asset hub. I'll be breaking down this latest report, as well as the latest regarding Bitcoin ETFs and the fresh surge of capital incoming. We're also going to be discussing one of the largest asset managers in the world, which is Fidelity, currently with four and a half trillion in assets under management, exactly how much one Bitcoin will be worth by the year 2025, according to their head of macro, Jerry and Timur. Now that we have had a new price pump, this is a brand new prediction I have never shared before. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's crypto news alerts .net. Welcome everyone. This is podcast episode number 1454. I'm your host JV and today is November 7th, 2023. We have lots to cover. Let's kick it off with our market watch as we do each and every day. As you can see on your screen, we got Bitcoin back in the green, looking to retest 36 ,000 and creeping towards that target while Ethereum, BNB and XRP are currently pulling back and in the red. And checking out coinmarketcap .com, the current crypto market cap is on the climb as well at 1 .34 trillion dollars with roughly 45 and a half billion in volume in the past 24 hours. The Bitcoin dominance a little on the decline here today at 51 .8 % and the Ether dominance has been dropping as well, currently at 17 % even. I'd love for you to tell me in that chat, how high do you feel this Bitcoin dominance is likely to climb for this cycle peak? Let me know. And checking out the top 100 crypto gainers of the past 24 hours, we got the trust wallet token leading the pack up 9 % trading at $1 .79, followed by Solana up 9 % trading at 44 bucks, followed by Kronos up almost 8 % trading just under 8 cents and checking out crypto bubbles so we can see the top 100 gainers of the past week. Kind of a lot in the red right now, but we do have a handful in the green as well. BNTWT up 9 % and PLS up 6 .4 % and TON up 6 .7 % with the biggest loser being WeMixed down almost 19 % and checking out one of my favorite indicators, the crypto greed and fear index shows we're currently rated a 68 in greed yesterday was a 74 last week a 66 and last month a 50 dead in the middle, which is neutral. So there you have it, fam. How many of you are currently bullish on that king crypto? Please let me know in that live chat. So let's just kick it off into high gear and let's break down today's Bitcoin technical analysis. Check out the charts where the Bitcoin price action is likely to go next. So here we go. Check it out. You're looking at the Bitcoin one hour candle chart here. Bitcoin fell towards 34 .5 November 7th as analysts attention turned to mushrooming the open interest data from coin Telegraph and trading view showed Bitcoin struggling to reclaim 35 ,000 to support Bitcoin lacked clear direction into the Wall Street open, but market participants predicted the volatility would soon return. The reason they said was a sharp increase in open interest on derivative markets, quitting them here, almost 10 ,000 BTC worth 350 million in open interest added today, according to financial commentator Ted talks macro now coin Telegraph open interest reaching elevated levels has coincided with bouts of volatility in the recent months. Current levels total nearly 15 and a half billion at this time. And James van Stratton research and data analysts at crypto insights crypto slate described the fluctuations as noticeable, quitting him here. The CME exchange preferred by institutional investors has achieved a new record in open interest with 105 ,000 BTC contracts open valid at $3 .68 billion. Finance has edged past this figure would open interest of approximately 113 ,500 BTC. This trend points to increasing involvement in Bitcoin futures, hinting at either a positive shift in the market mood or a move towards protective strategies by the investors. Now the sense of uncertainty over how the open interest phenomenon would play out was shared by J .A. Martin, a contributor of on -chain analytics platform crypto quant as he shares here on X Bitcoin on the low timeframe. The open interest on Bitcoin futures is ramping up. Certain apes are taken significant positions, but it is unclear to me whether they're going to short or too long. Now in his analysis, he suggests the open interest was now in a territory that had previously seen 20 % of the Bitcoin price drawdowns, quitting him here historically, whenever this metric surpassed 12 .2 billion, it resulted in a minimum 20 % decline of the Bitcoin price. That interest open deserved significant attention. Now continuing this current pump, we have 36 ,000, which I think we're likely to retest here shortly as we started pumping right before I went live. According to school analytics, Bitcoin's looking like a short covering bounce here. Some open interest is coming off the lows here too. Word up and good to note. And going back here, let's see what other analysts we can quote here. We also have material indicators who shared the following. Calling a local top at 36 ,000 doesn't mean 36 ,000 is off the table this year. But the metrics I'm looking at indicate that at the very least it is off the table for this week. He says that call also doesn't mean the price will free fall back to the prior 25, 28, five range. But if a bull breakout isn't validated for this month, that range low is critical. So there you have it. I disagree with this analyst. Clearly, we're pumping right now and I feel we're likely to retest 36 ,000 potentially here today. We shall soon see. And quoting Max Keiser, the high priest of Bitcoin, he says, Bitcoin separates money and all that gold from the state, defund monarchy, defund the central banks. Bitcoin fixes this and he's responding to this news here. The king delivers the king's speech from the throne in the House of Lords chamber. The speech is written by the government and sets out the legislative agenda for the new session. Max Keiser also wrote here in regards to this tweet, the Fed doesn't want to talk about rate cuts, but Wall Street is sniffing out an increasing likelihood of just that. Six months ago, if the economy had fallen off the cliff, the Fed's hands were tied and it couldn't cut rates. Well, now it can. And Max Keiser responded, the rate cuts will boost Bitcoin to my 220 ,000 dollar target for sure. We'll send it and let's freaking go. Let's dive into our next story of the day and discuss the latest with Bitcoin ordinals, which is their NFTs. How many of you have actually experimented or used Bitcoin ordinals before? Please do let me know. Ordinals is a BRC20 token collection minted on the Bitcoin blockchain, which surged 80 or sorry, 40 percent in the past 24 hours to $10 .19 after listing on the crypto exchange Binance. And according to Binance's November 7th announcement, traders can now trade ordinals against Tether. Now, Bitcoin and the Turkish lira as well, Binance claims that it did not charge developers any listing fees for the already token and that withdrawals will now open November 8th as part of the initial incentives. The first 1000 users who deposit at least 72 already to the exchange receive 50 USDT trading rebate voucher, quoting them here already is a relatively new token that poses a higher than normal risk and as such will likely be subject to high price volatility. Word up. Now, the Bitcoin ordinals is a numbering system that assigns a unique number to each individual Satoshi or one 100 million of a Bitcoin, enabling tracking and transfer and combined with the inscription process, which adds an additional layer of data to each Satoshi. This allows users to make unique digital assets on the digital Bitcoin blockchain. The current token listed on Binance already is not associated with developers of Bitcoin ordinals. Good to note. Invented by Web3 developer Rod or more in January, BRC20 tokens have surged in popularity of one of the largest technological advancements in a 15 year old block chain. Now, self custody wallet providers such as BitKeep now BitGet Wallet have enabled BRC20 token deposits as well as withdrawals since June. The total market cap of BRC20 tokens currently stands at one point three four billion dollars. So there you have it. Hi, fam. Let's dive into our next story of the day and discuss the latest with Custodia Bank now offering Bitcoin custodial services. This is actually pretty cool. And this is Caitlin Long's company. By the way, she's also very bullish on BTC Custodia Bank, a crypto friendly bank founded by Bitcoin advocate Caitlin Long launched its BT custody platform. The firm shared November 7th to announce the launch of Custodia Bank's Bitcoin custody service targeting businesses like fiduciaries, investment advisors, fund managers and corporate treasurers. The launch comes soon after Custodia Bank earned approval from the Wyoming Division of Banking to go live with the service. The announcement notes and announcing the news, Custodia Bank emphasized that the platform is a non lending bank built by Bitcoiners that offer segregated custody accounts on its custom built Bitcoin custody platform. The statement said Custodia Bank offers integrated Bitcoin custody and U .S. dollar services all on one platform designed to simplify the user operations while reducing risk. Here's what they shared. Since we built our Bitcoin custody platform in -house, we are especially grateful to those willing to help us by providing user feedback. Now, Custodia Bank's approval from the Wyoming Division of Banking follows a series of regulatory challenges for the firm. Back in January of this year, the Federal Reserve Board rejected the bank's application to become a member of the Federal Reserve System. Not surprising, right? Saying it was inconsistent with the required factors under the law. The Fed subsequently denied Custodia's request to reconsider its membership application in the system. That's just straight wrong. In a detailed report back in March, the Fed's board said the decision to reject Custodia's app was due to concerns about banks with high concentration of activities related to the crypto industry. Hence why they don't want it. They don't want to support crypto, fam. It's clear. Custodia Bank opened for business in August of this year, though the Fed has blocked much of its proposed business model, which doesn't come as a surprise. Founded in 2020, Custodia is a bank aiming to bridge the gap between digital assets and a digital asset custodian. The firm was formerly known as Avante Financial Group and is based in Cheyenne, Wyoming. Custodia Bank did not immediately respond to requests for comment, but hey, it's definitely a good sign that adoption is coming and banks will be integrating Bitcoin or they're just going to get left behind. So hopefully many major banks follow in the footsteps of Caitlin Long's Custodia Bank. But let me know, fam, how you guys feel. And a reminder, only keep in the bank what you're willing to lose at the end of the day. Because what if there was a bank run? Even with it being FDIC insured, they don't have the money to give it to everybody. Hence what happened earlier in the year with the regional banking crisis and what happened in return to Bitcoin. We started pumping. In fact, Bitcoin's up well over 100 percent since the start of the year. And I feel we're just getting started. All right, fam. Now let's dive into our next story of the day and discuss the latest with the ETF news coming out of Hong Kong, which I know is not in the mainland of China, but still considered a part of China. And I think we're going to have ETF adoption not just in the United States, but clearly in Asia as well as in the Middle East, because in all markets they're seeking it and competition definitely a good thing, especially when it comes to these ETFs. So let's break down this latest report. Hong Kong is reportedly weighing the possibility of allowing the spot crypto ETF in a Bloomberg report. The Hong Kong Securities and Futures Commission CEO, Julia Leong, outlines what it would take for the spot crypto ETFs to be authorized in the city -state, quoting her here. We welcome proposals using innovative tech that boost efficiency and customer experience. We're happy to try it as long as new risks are addressed. Our approach is consistent regardless of the asset. So according to Bloomberg, Hong Kong currently only allows future based crypto ETFs and among the listed products includes the Samsung Bitcoin futures active as well as the Bitcoin and Ethereum futures ETF issued by CSOP Asset Management. The possibility of a spot crypto ETF getting approved in Hong Kong comes at a time when Hong Kong's ambitions of becoming a leading digital asset hub are in high gear. According to the report earlier in the year, Hong Kong rolled out a virtual asset regulatory framework and on the crypto regulatory framework. Here's what she shared, Hong Kong's comprehensive virtual asset regulatory framework follows the principle of same business, same risks, same rules, and aims to provide robust investor protections and manage those key risks. This will enable the industry to develop sustainably and support innovation. Also reports emerged in June that Hong Kong Monetary Authority pushed for banks in the city -state to offer their services to licensed crypto exchanges. It was also reported in February that China was supposedly in support of Hong Kong's plans to allow both institutional and retail investors to trade in crypto assets. So there you have it, fam, mass adoption. Let's freaking go. We all know there's trillions of dollars sitting on the sidelines just awaiting that spot Bitcoin ETF approval. And once we get that green light game on, it will absolutely be a game changer. But anyways, fam, now let's discuss Bitcoin ETFs being we're discussing them already. And it's on everyone's mind right now before we break into the latest prediction from one of the largest asset manager, Fidelity, who currently controls four and a half trillion in assets under management. Let's first discuss these BlackRock ETFs and ETFs from some of the other asset managers. Here we go. The launch of a spot Bitcoin ETF from BlackRock is a highly anticipated event in the crypto industry. I'd say the biggest, most anticipated event next to the Bitcoin halving. You know what I mean? It's expected to provide unprecedented institutional access to the crypto market, representing a significant shift from leading banks and promising substantial capital inflows. These developments will eventually change the industry and kickstart the new market cycle. What we're seeing in the market at the current moment is still speculation by the whales, some traditional firms and industry insiders. Now, while the move towards the ETF app approval is a positive development, the price discovery mechanism for Bitcoin is typically driven by derivatives like perpetuals. Let's keep in mind that these are leverage orders that can be liquidated with the right catalyst, whether on the upside or doing a pullback as traders take profit or leverage longs get liquidated. This means that recent price hikes post announcements weren't necessarily caused by a fresh inflow of institutional capital. Though that will happen eventually, they were actually caused by speculation around ETFs driven by people already plugged into the crypto space, including the whales, quoting them here. An ETF approval means that there will be an exponential increase in the amount of capital with access to BTC. That's right. And spot ETF. Unlike futures, there is true price discovery, so there will be no market manipulation. So we should still take this as a sign of institutional interest. It is not unlikely that the capital that kept Bitcoin outperforming traditional assets came from the large institutions or savvy allocators of capital buying ahead of the positive ETF news. CME futures are dominating the crypto future markets right now, suggesting that indeed it might be more traditional institutions that are speculating. These are some of the players that have entered the room in the previous cycles, bull run or not. This kind of activity is par for the course. Now, how capital from Bitcoin ETFs will eventually trickle down? Let's discuss it. We should still pay attention to the possibility of fresh capital coming in. Former BlackRock managing director Stephen Schoenfeld stated at CC Data's Digital Asset Summit in London that an ETF approval can bring 20 billion dollars into Bitcoin. While we all know that's extremely conservative, I'm looking at trillions pouring into the King, just saying. While Alliance Bernstein, the global asset management company, expects the BlackRock ETF approval to drive the crypto asset management way up, all the way up. Now, ultimately, an ETF approval means there will be an exponential increase in the amount of capital with access to BTC. This simple change will be greater than any other development in the market's history. This arrival of capital will come over time as more and more investors and asset managers digest the news, deciding that an allocation is not only responsible, but absolutely necessary preach. Likewise, the adoption of this financial product will take years as institutions such as broker dealers, banks and RIA's undergo due diligence and other processes before they can even offer Bitcoin ETFs. It will also hinge on the arrival of key players such as market makers that are an essential factor in building investor confidence. The role of the market maker is vital to ETFs. They are responsible for creating and redeeming new shares of an ETF, a role designed to keep its price tethered to the price implied by the value of the ETF holdings. Now, finally, we have the question of what a Bitcoin ETF means for the rest of the crypto market beyond Bitcoin itself. Market cycles have historically moved from Bitcoin first to ETH second and then cycled into the smaller altcoins or more exotic projects. This time around, the effects might be less direct, but still obviously noticeable. It is true that a rising tide is not guaranteed in the aftermath of the ETFs going live as the new inflow of capital will not come in the form of direct ownership of BTC. Investors who choose that instrument won't easily be able to change or diversify their exposure to other crypto assets until more ETFs are introduced. Now let's break into our featured story of the day and discuss what will one Bitcoin be worth in the year 2025. While Fidelity's head of macro, Julian Timmer, makes this prediction with an exact number. There's a brand new prediction I've never shared before, so let's break this one down, shall we? A massive shout out to everyone in that live chat just joining us. Fidelity Investments global macro director, Julian Timmer, is updating his outlook on Bitcoin following the latest Bitcoin price surge. He just shared on X to his almost 200 ,000 followers. The Bitcoin can soar beyond $96 ,000 by 2025 due to two main factors. He lays out a scenario for Bitcoin's price performance in the coming years based on retail interest rates, which is the interest rate minus inflation and the Bitcoin adoption rate, which is based on historical Internet adoption. Quoting Timmer here, with Bitcoin moving up once again, will its adoption curve accelerate as it did a few years ago? And how does the macro trend on rates affect it? Here's the data to consider. Here you go. I show a fair value band based on both the slope of the Internet adoption curve and the path for real rates. The bottom boundary assumes that the treasury inflation protected securities real rate of 2 .5 % and the upper boundary assumes negative 2%, which is where we were in 2021. The macro can speed up or slow down the adoption curve, which we have seen play out recently as outlined here in this chart. And looking at the chart, the analyst predicts the Bitcoin price would hit the lower bound of 41 ,000 in 2025 if the TIPS real rate remains as high as the current rate. However, if the real rate declines to what it was in 2021, the price prediction would soar to $96 ,210 in 2025, which is a 175 % increase from the current value. Now let's read his thread, which he shared here on X. I also got to throw out there, he also is predicting a $1 billion Bitcoin price by the year 2038. So by 2025, yeah, a little conservative, but extremely bullish for the long haul on Bitcoin. And I know I've covered that previously here on the show. How many of you have heard the billion dollar price prediction from Jerry and Timmer as I have covered it here? Let me know in that live chat. But anyways, let's just break down what he did share here in the thread so you can see the full discussion. Here we go. Above, I show the fair value, as I mentioned a little earlier. He also mentions the macro can speed up or slow down, which we have seen play out recently as outlined in the chart. He also says, assuming for a moment that Bitcoin will mature into an asset class that plays on the same team as gold and silver, how should we think about where it should sit in a 60 -40 portfolio and what would be a reasonable position size? Great question. Here's what he says. The good news for Bitcoin is it is an annualized volatility down from its 2018 peak, although at 58 % is still head and shoulders above traditional asset classes. That's right. There's no asset in which can compete with the king crypto because Bitcoin is a hedge against inflation as well as a hedge against deflation. It's a store value. It's incorruptible. It's unconfiscatable. And guess what? Gold can't compete either. He also shares here even better is 52 week correlation versus the S &P 500 had declined steadily and is now actually negative. More on the Bitcoin outlook on the next thread. And I highly encourage you to follow Jerry and Timmer. He shares a lot of good threads here, especially regarding Bitcoin and what's happening around, you know, the ETFs, the Bitcoin halving, the macro and all of these TA, which is technical analysis. You know what I mean? Let's see if I can find another good thread for you. He has quite a lot and he's very active as well. Here we go. Here's a good thread right here. He mentions continuing the discussion for my recent thread on Bitcoin. Let's talk about Bitcoin as a store of value. Yes, please. Let's talk about this. Shall we? Gold is delivering solid risk adjusted returns remains hard to beat above. We see that gold has one of the best sharp ratios out there, but Bitcoin is respectable as well in line with other major asset classes. This chart is based on monthly returns because it broadens the universe of alts. In this case, alt such as managed futures and equity long, short hedge funds are the less liquid variety, which broadens the mix while improving their returns. And below is a ranking of correlations to the S &P 500 based on monthly data of September. Bitcoin still has a positive correlation to the equities, but less than many other assets as outlined right here in this chart. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in our live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
A highlight from MASSIVE XRP PUMP! (Ethereum Not Done Yet!)
"Today is a great day to have a new set in crypto. How are we all doing today? It's 11 -6. It's November 6th. It's 11 -32. Sorry. It's 10 -33am. How are we all doing today? We got a new set. We got some new people. This is going to be phenomenal. Look at that lighting down below, folks. It's lovely. I'm loving it. Hey, chat, let us know what you think about it. But guys, we're going to be talking about XRP. Why is XRP pumping? What is going on with Ethereum? Is there more activity? XRP is the crypto market's back is all -coin season starting. Also some huge Bitcoin ETF news as well and Grok AI, the AI that most resembles a caveman's name. But yeah, we got Drew and Kelly. I don't know which way to look. Do I look at the camera? Do I look at chat? Do I look at these two lovely gentlemen? Look me in my eyes. All right. Let's maintain eye contact for the entire show. Love the new set. It looks amazing. Nice. Nice. Okay. A little bit of an echo. Special shout out to our entire team here at Hit Network, BJ, Aaron, and Joel, and Bobby, and Owen. There's so many people who just work tirelessly. If I forgot anybody's name, a lot of you. Love you all. We appreciate how much hard work you do. Really special shout out there. Drew, any message on the beginning of the set? How do you feel about it? Man, it's just - You helped carry some things. Yeah, no, it's nice to have a fresh start. And I mean, this is just, it feels as professional as we act every day. Oh, that's not at all. I mean, I don't know. We bring the heat. So we have a new set up here. It's nice to be able to conversate back and forth with you guys, bounce ideas by each other a little bit more organically as we go through the news. So - Legit, because he DZ being a future Jimmy Kimmel. No, I will never be the CIA's puppet master. Okay. I will never be their puppet. All right. Let's get right into the show here, folks. Guys, let's see if I can share your screen. Make sure you're following us on Discover Crypto. We just put out two phenomenal videos over the weekend. In this Cardano video, I also added it to my pin tweet here, if you want to see it. But I highly recommend you go check it out on YouTube. Get in there, get in the chat, leave a couple of questions, we'll start replying to the videos. I don't know how I'll do it with the next video, working on some top three tips to master the bull run for the first hour that the video's out, we'll go ahead and maybe we'll engage with you. So if you've got any questions, I'll jump in there. Also, we did another video on Jimmy Bitcoin. The heist Bitcoin is stronger than any Bitcoin heist in history, billions of dollars. So it's a really, really good video. I recommend it. He's like the Bitcoin heist meister. He's the heist meister. Yeah, yeah. He's not Heisman, but he's the heist man. All right, folks, make sure you go to hit merch as well. And I think it's time for us to just get right into this Ripple story, folks. Ripple gaining momentum, $850 million, and whale buys push price above 75 cents here. You see it broke out above a critical 65 cents resistance, and now it looks like it's off to the races. So over the last two weeks, crypto whales have been spotted buying XRP aggressively. Not only are the whales buying, they're buying aggressively, folks. As of 2023, the event edges is now the best time to get crypto. You know what? I can see why Bobby's wanting me to move left. I tend to lean to my right. All right, between October 24th and November 6th, the whales, how much XRP did they acquire? 1 billion .26 XRP, folks. And if XRP does say go to $2, $2 .50, even $4, talking about billions of dollars here. So they're bringing their new balances to a new 2023 peak. So we're at a new peak for XRP balances on the whale wallets here. Now there is a big event coming. It's the 2023 edition of Swell Digital Asset Conference in Dubai later this week. It's an invite -only event. So we'll feature keynote speeches and dialogue with some leaders, regulators, and innovators. Now Drew, you're kind of Mr. XRP here. I think you're probably the biggest fan of XRP. The whales are buying. Now are they going to start dumping? No, I mean, we'll always see a little bit of sell pressure, but I think that banks being even just slightly willing to test out XRP and its remittance payment systems and these continuing patterns growth that I see for Ripple in general, I think that things across the world are seeing this. The US still has the gray area, but the rest of the world is feeling ready for it. So I don't think that that'll be on us anytime soon, a big dump. All right. All right. More conspiracy talk. You guys are always on point. No, no, no. We got to get off the rails here. Poor Jimmy. You know what? Poor Jimmy Zong. That's the only Jimmy I like talking about. All right. Here we have the social dominance chart. So this blue line is where people mentioned XRP. So when you see a little bit of spike in social media chatter, oftentimes you're going to see a little bit of a price increase as well. But sometimes social media chatter precludes the pump. Sometimes it's after the pump. They're just, it depends because as a coin doubles in price over a month, people will just start talking about it naturally, even if nothing else is going on. But so here's the social dominance metric is showing the percentage share of a cryptocurrency in comparison to the 50 most talked about projects in the crypto media channels. So they'll just look at keywords, how many TikToks are being made and compare it to the other 49 coins there. But having cleared the resistance at $0 .65, XRP price now faces minimal resistance on the road to $0 .70 as well. So not only that, though, we also have Deaton coming out. He was coming out in favor. So there's a little bit of a settlement with the SEC versus XRP months ago where, hey, programmatic sales, hey, that seems fine. But when you're selling to a hedge fund, that seems bad. So we had one win, we had one loss, and we're saying, so this is like a 50 -50, right? This is like a 50 -50 win -lose. So Deaton's coming out saying it is not 50 -50, it is 90 % win, 10 % loss. So we're looking at more of a 90 -10 ratio here. So here, let's just get his quote out here. In a recent post, he strongly refuted the idea that the result was close to a 50 -50 outcome here. The people who argued that the SEC got a 50 -50 victory in the ripple crates are 100 % right wrong here. I'm still messing around with it. It was more like a 90 -10 in Ripple's favor. If Ripple ends up paying $20 million or less, it's a 99 .9 % legal victory. Did it feel like a 99 .9 % legal victory, Drew? Yeah, I mean, absolutely. A lot of the talk from famously like Pomp when we first got the Ripple case laid out, he's like, oh, you're holding securities, but kind of dancing on the graves of people that held XRP, even in the retail, which I think was just an absolute spit on the face disservice and a to our freedom to transact and to have new systems come about to do those transactions. So seeing even these chunks of wins from XRP and Ripple are massive, massive gains in confidence for people across the world. Now they're looking at this thing and many people are calling it the most regulated crypto on earth just from these recent wins. You brought up gains of confidence. You think I care about the gains of confidence? I don't care about the gains of confidence. I only care about the gains in price. And that's where we're going to go to Kelly here. Kelly, we have some charts here. I don't know if you're looking at XRP, but yeah, 65 cents, 70 cents. Is that all just a facade or is there a real support and resistance happening here? Well, it's throwing it here to the chart. We can see that this is essentially a chart I've been looking at for some time. And interestingly, we have this sort of uptrend parallel channel that on this break to the upside, which is when we have that initial news breaking of the sec the court case stuff that we got this massive pump and essentially rejected right here at a known level that goes all the way back. I mean, this goes all the way back to this base point here, December, 2020. So this is a pretty interesting when the price was going, I was looking at this suggesting, and this is going to be likely turnaround point. We got a stiff rejection off that until we broke down and tested the lower bound here. Got a deviation below. Now why will we have a deviation below is because these smart money people out there, these the people that really understand how to move the markets, they try to do everything they can to trigger those of you and those of me and drew DZ. Everybody that's in this market is subject to emotions. And those that are in control of their emotions and have a sound strategy and risk management doesn't get triggered by this consistently. But those, somebody sold down here cause they thought it was going lower. Oh man. It gave that opportunity for a lower entry for a long, okay. Now we're seeing here, especially where we're at in relationship to the having coming up and we have all this stuff on the horizon about the the IPO for ripple. And we have all these court cases winning into to your point earlier. I don't think they're going to win a hundred percent, but I think that's baked in. I think in the sense that at 99 .8 % or whatever, they're going to have to have some concession not to make Gary Gensler feel like he completely has, you know, a full face of egg on it. So there's going to be some sort of small fine paid or some concession that they have to make, but it's literally just going to be the fee of doing business. We see this also, it's not, it's not the end of the world. We look at you know, traditional banking, they've had $40 billion in fines since 2000 traditional banking. And yet there's, you know, they're able to continue doing business because it's the price of doing business. Now, are these levels that you're talking about? You said 65 cents. Yeah. 65 cents. And then a lot of resistance at 70 cents as well. 65 cents is right here. This previous range high that we broke through. I do think if we come back down, this is a great area. If we're very bullish, this is a great area for price to bounce on. It doesn't mean if we lose this, it's not bullish anymore. In fact, we can come all the way back down here to this horizontal line. That's in perfectly a basically cross section right here to that 60 cents level. This would be a great opportunity for another, you know, still bullish pullback if we come back to this level. Now, if it does continue to run, where is it going to go? Are you going to buy DZ? Are you going to buy on the way up if we get two candles in a row that are still bullish and we break 85 cents, is that a signal for you to buy and prices just running higher? You know, as much as I like candles, I don't like buying wicks. And so just I even when it hurts me, I just I'm averse against buying wicks. Yeah, no, I hear that. And so the point here is if things are running, that's a signal that there's a lot of stuff going on. Let the pullback let the chart come to you in your strategy so you can so you can make a smart buy. Now, let's go ahead, look at Bitcoin, Bitcoin and an interesting sort of channel that it's it's trading here. A lot of people are speculating. Is this going to be a setup for a sort of kind of flopsided bar pattern where the price action actually continues chopping in here only to break down and, you know, to this level? But why is that level important to previous high level that thirty two thousand dollars? Now, whether we continue higher or pullback down there now, at some point, I do think we're going to test below this range that we're in right now. Things are I mean, we see the momentum here is trending down while the price is still slightly turning higher. So there is some signs that we may be having some issue here coming up fairly shortly. I think C90 says the best. We're too far away from the having to not have at least one pullback. I don't know if it's going to start tomorrow. I don't know if it's going to start two months from now, but we're looking at an April twenty twenty four halving date. There's I'm assuming it's going to be much more likely than not in those six, five, six months. We'll experience a pullback now. Everybody want and I just did a video on this on the bit lab morning stream talking about the pump season. It's holidays. Everybody not only has a bias that they wanted to go up because you want to feel happy during the holidays, but there is data out there. There's data out there that shows that on average, November has a thirty seven percent pump to the upside. But that doesn't that doesn't mean every November is a thirty seven percent pump. There are some November's that have been negative. Basically, you've lost value in November. And we can see on this chart right here, this is seasonality. This is Q4. These these yellow bars, horizontal bars. This is Q4. And yes, we had a pump here. But look, we had a dump here, consolidation here, pump here, break down here. So you have to you have to take it into the context of where you're at in the market cycle compared to the halving. So as it stands right now, I do think we very well could get a pump. But look how far we still are from having to me if we do get that pump, I'm going to be looking for an opportunity coming into the halving for still some lower prices to whatever level we pump from pump two. So I would just urge caution. The higher we go, start looking for opportunities for prices on a pullback. All right. Let's say what is the coin you want to get more of during a pullback? I'm just going to say boring Bitcoin. I feel like I don't have enough Bitcoin. So if there is a pullback, I think I'm a scoop up some more bitty. What about you two? I'm going to be going after Cardano next. That's the next big bag. I have too much of it. What about you, Kelly? Well, I'm torn because I mean, look at pull up this chart real quick, because we see dominance is coming into a known zone. Not a carry off. Do you like Natalie and Bruglia? I'm told that's how I was trying to think of the song is that I'm still coming into this zone. Dominance is pulling back. We're seeing a little bit of capital rotate out of Bitcoin. And we also see the Ethereum dominance broke. Everybody wants to see this breaking, thinking every alts are just going to moon. But we still could very well have those alts pull back. So it's still a little bit. Everybody wants this to be an alt season because we're seeing some pretty big gains, you know, also because we're all overexposed in alts. That's why. Yeah. You know, one of those ones, everybody was kind of taking a little doodoo biscuits on was right here. Albert Rand. Everybody was saying they thought it was dead because they're also doing that rebrand. But look at this 45 percent pump. But it's pushing higher. But don't get lost in the bias just because you're feeling good in a green candle. Look for those pullbacks. If I had to pick one, it would be Bitcoin.
Monitor Show 18:00 11-04-2023 18:00
"Pop culture is always evolving, and those changes impact our lives in ways that are both visible and not so obvious. I'm Lucas Shaw, and I cover the business of pop culture for Bloomberg. My job is to uncover how entertainment is changing and explain what that means for you. Because context changes how you see things, how you change things. Context changes everything. Start exploring my coverage and more at Bloomberg .com. Visit comes after a trip to Israel, where Prime Minister Benjamin Netanyahu said Israel's military would continue full force until Hamas released all hostages. A large pro -Palestinian demonstration was held today in Washington, D .C. Organizers say up to 30 ,000 people from across the country turned out to call for an immediate ceasefire in the Israel -Hamas war. The rally drew Gaza supporters from as far away as Chicago, Houston, and Tampa. Protesters chanted and carried signs calling for freedom for Palestinians in Gaza and demanding that the U .S. stop sending military aid to Israel. It's time to change your clocks this weekend as Daylight Saving Time comes to an end. Here's Dina Kodiak. In the fall, clocks across the U .S. fall back, meaning they get turned back one hour starting Sunday morning. Not everyone supports changing the clocks. Last year, the Senate passed the Sunshine Protection Act, which would make Daylight Saving Time year -round. While there is support for it in Congress, there has yet to be a vote on it in the House. The judge presiding over former President Trump's New York civil fraud trial has expanded a gag order to include his lawyers. In a ruling yesterday, Judge Arthur Ngoron prohibited Trump...
A highlight from INSANE Solana Price Prediction! (100X Incoming!)
"It is a great day to discover crypto, everybody. It is one day away from Halloween. I hope you're feeling spooky. The only thing spooky is you're not hitting the like button. We got some insane price predictions from VanEck, one of the largest asset managers in the world. And they have some very, very bullish price targets, but they also have a very bearish price target. We're going to go over those for Solana, plus their nice Bitcoin thesis and why there's going to be a lot of institutional money flowing in, and we're seeing that in the stats as well. Also, we're going to talk about Miles Deutscher. That guy's insane. I've been following his stuff for years. It's really, really interesting. Got some stuff from Ralph Paul as well. Plus, we have a brand new person, an oldie but goodie on the sidecar today. How are you doing today? I'm doing good. First time on the side desk, I think, so I'm going to be testing out, chatting with everybody in the chat. But yeah, when VanEck is pumping your bags, it's a good day to be in crypto. So yeah, I'm loving it. All right. Well, let's look at today in crypto. So we have the crypto market cap. It looks like it's up 1 .7%. I do want to go ahead and hit refresh here. We might need to, I don't know if I have coin, I don't have coin market cap at the time, but we'll look at this. CoinGecko, we do have Bitcoin up slightly. It's about half a percent, so it looks kind of good. But ETH, it's got double the pump, baby. It is up 1 .0 % here. But when we start scrolling down, we see some bigger winners. First big winner we see, well, relative. XRP up 3 .6%. Bigger than that, though, we have Solana. Solana is up 7%. I may or may not have bought Solana this weekend, folks. I may or may not have bought this weekend. That's all I'm going to say. We have Chainlink also looking good. Chainlink is up 3 .2%. Just defying all expectations of a pullback on the short term. And then Avalanche up 4%. But let's look at the biggest ones, the biggest gainers, the biggest losers. I think maybe one of the coins I took profits on, yeah, rollbit, baby. I took profit. I took some more profit. I've taken profit once before. I took profit a second time on rollbit. This is one that we put in the Crucial Crypto newsletter a long time ago. I told you about before the pump sold. I can't remember which peak I sold. I remember going down, I didn't buy more, and now that we're kind of testing this $0 .20 resistance level, I said, you know what, it might be time to exit out. So I put a little into Solana, I put a little bit into USDC. I have a little too much USDC in that wallet, so that's why I didn't go all Solana there. Alright, ThorChain. Look at ThorChain. We did a video on ThorChain. It is up 9 .5%. We did a video on Solana. If you go here to here eight days ago, folks, we did this video. If you haven't watched it, make sure you give it a shout out, give it a like, give it a comment on there. It just made me excited. It made me excited for Solana. Was that the deep dive Solana video? That is the deep dive. Top 3 reasons for Solana pump. I'm not saying we called it, but you know what, if you turn all those notifications, you can get these videos nice and timely. What's your Solana thesis here? No, it's good. I mean, I've liked Solana for a long time. A lot of you guys know I bought it last cycle around $5. It's an interesting layer one. Obviously being pumped pretty hard by institutional money, VC money, something we've been watching for a while. It is a little bit, it's conflicting a little bit when you see these big financial asset managers pumping things because usually when they're coming out screaming insanely bullish predictions that represents a local top or even a macro top. So I don't take everything they say with a grain of salt, $3 ,000 is an absolutely insane price prediction. We're going to get into that a little bit more as far as like what that would actually mean for market cap for it to get to that level. Their base case is a little bit more reasonable in my opinion. But in that video that you did like a week or two ago, it really breaks down the plan that Solana has the roadmap and it's a very strong narrative for the next couple of years. And it's something that people with influence and capital, there's a lot behind it. Jump capital I know is one of the ones behind Solana, a lot of big money behind it. They're going to want to pump their bags and there's a really good narrative around that. So it's fascinating to me when you see somebody as big as Vanette coming out and making these insanely bullish predictions. So it's going to be wild as we get into this. I feel like we're just getting started in this bull market. So keep an eye on who's saying what, but we really need to keep an eye on where the dollars are flowing more than what the headlines are. Yeah. Watch the capital inflows and outflows. We have Love Breakers. DZ, you rule, man. Please listen to our band. Is your band name Love Breakers? We're going to find it. Love Breakers sounds like a UK dating reality show. Love Breakers. Love Breakers. It's like where their mom is like hovering over the date saying, uh -uh, he didn't open the door for you. I'm a Love Breaker now. That's a show. That's a show. Let's go. All right. Let's get back to the show at hand here. And that's looking at the top crypto gainers and losers. We've got a couple more gainers we want to look at. Gala, baby. Gala is pumping. I'm going to put out a short today on gaming tokens. So we have Gala pumping. There's another big pumper today and I want to talk. It's an Axie Infinity ecosystem token. SLP is way up. I'm going to tell you the next two tokens that's on my radar because I see what pumps. What's the next thing to pump? So that's a really good short. You're going to want to make sure you check that out. Probably be out next couple hours. Monero is up 6 .5%. Somewhere Mind Your Biz is feeling pretty happy about that one. That's almost a stable coin, folks. Algorand up 4 .6%. And those who don't know, I mean, let's just, I almost probably can't show it because, Max, I don't know how. Yeah. If you go to the one year chart, that is very unlike most crypto charts. So very, very just kind of trading sideways there. All right. Now it's time for the top losers. Is your coin going to be in there? Is your enemy's coin going to be in there? Is that Jerk Boss, is his coin going to be in here? Is Deezy's coin going to be in there? Let's look. Maker. Maker is down 2 .2%. Then oh, well, yeah, you don't go far. Apecoin. Apecoin is down 2 .1%. But it is up 25 % for the week. Kind of just pumping off this gaming narrative. DYDX is down a little bit. But after that, really, things aren't moving too far down. Decentraland's down. Casper's down. Really, other than that, though, after that, we're in less than 1%. But you're ready to talk some insane price actions. But first, VanEck. They got some other news. They got an insane Solana prediction there. You can see it, 32, 32 .11. What are they saying about Bitcoin? And then we'll get into the Solana stuff. So new spot Bitcoin ETF filing submitted by VanEck is the investment giant. They resubmitted the application to the SEC here. Stitch over there. Oh, look at a little scoochie here. In June, the firm came up with a new application to the securities watchdog for a spot ETF. This came just months after the agency shot down its prior request, though. Is it inevitable though? The Galaxy Digital predicts the much coveted products could attract more than $14 billion. Yeah, we talked about the inflows, potential inflows last week. All right, well, let's see here. And VanEck joins the amendment. Here's the Jeff Seifart. We really got to get a hold of this guy. Him and Eric have just been crushing it lately for Bloomberg. They're the ETF analysts there. But this is the important part. I want to talk about VanEck Bitcoin ETF may use Bitcoin for seed funding. Okay, so why is that important? I thought they all use Bitcoin. No, I'm using cash for the seed investment portion of it. So let's look at this. So according to Scott Johnson, with an extra S there, he speaks Parseltongue, the updated prospectus for VanEck's ETF contains seed funding language similar to BlackRock. However, there's one important difference here. Instead of using cash for seed funding, VanEck recommends using actual Bitcoin. Why do I think that's a good idea? And TJ, I want to bounce this off you. I think Bitcoin is going to go on a largely upward trend over the next 12 months. And so if you do have this ETF, say it comes out in March, say it comes out in January, maybe it comes out in June, maybe it's further down than everybody's expecting here. If you're buying Bitcoin today versus buying Bitcoin in March, well, I happen to feel like you're making a better choice today. So yeah, BlackRock, they're putting in, I'm just throwing out a number here, they're putting in $500 million. For VanEck, they might be putting in the seed amount that's buying actual Bitcoin. Well say we go live in March, who's going to be better off? The people that bought Bitcoin or the people that have cash invested ready to buy Bitcoin? Well I think they're going to be better off buying Bitcoin according to the four -year cycle here. Well, if we look here, what is seed funding? Seed funding is when financial institutions contribute capital to purchase an ETF's underlying assets in exchange for shares that can be traded when the ETF launches. This provides initial liquidity. Think of the rich players getting in on the ground floor. You know, you're going to have, here's how it's really going to work, BlackRock is going to give $10 billion to State Street, who's going to give $8 billion to Vanguard, who's going to give $7 billion to BlackRock, who also gave money to Vanguard, it's just going to be a big circle right there. But then they say, hey, you know, there's no monopoly, there's no monopoly here. Well, VanEck filed for a new application in July 2023, and several other companies including BlackRock, Bitwise, WisdomTree, Fidelity, and Invesco also have filings for potential ETF's before the SEC. I want to see if Jeff has any latest tweet here, because he's always got the new new, the fresh data, and they operate in the morning sometimes, he could catch a tweet like four minutes old. I'm still feeling like March, I guess more and more people are starting to feel January, I'm just going to be the one that goes with the prediction markets. I don't have any inside information with the SEC, I'm not Gary Gensler's nephew, I don't know if they're going to do January, I don't know if they're going to do March, but I will say this, it's increasingly likely that we are going to see an ETF in the next six months, next five months. What odds would you put it that we have it by March? I'm going to put in insanely high odds, you know, I'm really bullish. I'm going to say 85 % plus by March, I don't see it really getting past March. The question in my mind is, do we see it before the end of the year? You brought up several different things there, I think it's fascinating that VanEck's talking about seeding this ETF with Bitcoin rather than with DollarsDZ, you made a good point. Either way, a spot Bitcoin ETF means buying pressure on spot Bitcoin, that's going to be very, very good, it's just a matter of how much buying pressure and when. If VanEck is trying to seed this thing with Bitcoin, the ultimate question becomes, where do they get that Bitcoin? Where does that Bitcoin come from? Because we can see right here, you know, this was put out by Bitcoin Magazine, see if I can back this out just a little bit. Oh, I like the colors there. Yeah, it basically, you can see this is supply on exchanges since May of 2020 and it's just continually dropping, I guess it's auto adjusting my screen over there, but it's the lowest it's been, I think, in about six years. So where is the price, where's the Bitcoin going to come from? Because it's going to create an insane amount of buying pressure on Bitcoin very, very quickly, whether they're converting those dollars into Bitcoin end of this year, early next year, or if they're accumulating all that Bitcoin dramatically quickly right now, it's a good time to be in Bitcoin. And like I said, when you see institutions and hedge funds and trillion dollar asset managers starting to pump your bags, it bodes well for where the price is going. So yeah, I can't wait. Let me, let me crap on my own point here. Here's why it might be bad that they're buying spot Bitcoin versus putting in cash today. Well, imagine everybody's unleashed at once and then, you know, to TJ's point, small amount of Bitcoin on exchanges, what if it was a surprise announcement, Gary Gensler, he knows he's being watched for the one time in his, I'm just joking, you know, he didn't give Goldman Sachs, his cronies, the inside info there. Imagine if every BlackRock employee, Vanguard employee, what if they all just woke up to the same news and they had a spot buy Bitcoin? Well, Vanguard has the Bitcoin already. They wouldn't have to, or VanEck had the Bitcoin already. They wouldn't have to buy it. But if they all had to buy it once, that's when you could see a parabola. That's when you could see that insane amount of just crazy one minute candles, one hour candles, as exchanges just go into FOMO mode as I don't have enough, they don't have enough, I got to hurry up and buy some, I don't care if the price is spiked $10 ,000 in two minutes, buy that Bitcoin now before it goes up $20 ,000. Next thing you know, it is up $20 ,000. That would be the scenario that plays out that way. But people are ready for the Solana price prediction here. I see people talking about it. What do you think? Is it going to hit a new all time high? First, let's get Drew's two cents here. Drew, will Solana hit a new all time high next bull run? What do you say? I'm having to say yes at this point. It's got a lot of the community stuck through it to the really bad parts of the FUD that it ran through with FTX and Sam. He's out of the picture as being handled in courts. I think it's it's going to probably at least hit its previous all time high. All right. All right. I'm tending to agree. I'm more likely than not that we do go above was it 260 or so. So I do think we get strong rejection at three. So we go above it, but barely. That's DZ's two cents here. Where do you come in? New all time high. Yeah, I think I mean, we're basically the previous all time high is about 258. So we're talking that 300 number. I think that was within the base case of Vanex prediction. It it can do that. It's just going to have to keep that narrative. And it's not that's one thing you need to keep in mind when you're investing in crypto. Speculation is part of the game and it's not necessarily the coin that should reach the highest market cap. It's which coin can reach the highest market cap and who's behind it, who's pumping it. All of those things matters. ETF is going to matter. Grayscale, what they're doing with Cardano. You could see how that quickly reignited that narrative. So many people over and thinking Cardano was and I don't know if it'll reach new all time highs. Hey, if you can get institutional money into it, you know, maybe there will be. So, yeah, I think we're going to I think let's see, what do they have? They had the base case at three thirty five, the bear case at ten and then the insanely high case at thirty to eleven. So base case at three thirty five here, which again is just off the bottom of my important note, twenty thirty next bull run. No, no. We're talking about not only the next bull run, if there's still a four year cycle, we're talking about the one after that. It would be a peak in twenty twenty nine if the four year cycle still play out. So two cycles from now, I definitely think a base I would come in at higher than three thirty five conservative. Yeah, I would say three thirty five is slightly high for the next bull run. I would say three thirty five is pretty low for the one following that. This is an interesting number in chat. What do you think of this number? Worst case scenario, ten dollars, ten dollar Solana, not twenty twenty five by twenty thirty. So ten dollar Solana, I feel like that's a little bit bearish. I mean, the chain shut down over a dozen times and it didn't drop. You didn't see huge declines, FTX collapse. And what was their biggest holding Solana by far? They're dumping Solana, they're dumping Solana on everyone's face. Still didn't get what it bounced off ten. Right. And that's as low as it went then. So you're talking about for all time high for next cycle, top ten dollars is a little low. Now let's talk about the bull case number here. I would put this at less than I want to say less than one percent odds, but I would say less than maybe two and a half percent. I would put that it's it's around a one percent chance, maybe a three thousand two hundred and eleven dollars Solana by twenty thirty. I know a lot of people are saying, oh, you have it on the thumbnail. You think it's going to that, don't you idiot? I don't think it's going to go to that. I put it at one percent odds and then that one percent that is you know, that is the hundred dollar gallon of milk, maybe even one percent a little high. What do you guys feel about thirty two hundred dollars Solana? I mean, you got to think they're taking into account a severe impact to the dollar not being as valuable by twenty thirty. I have to imagine that's part of the analysis there. It is fast. It's funny to me when you see Vanek making it couldn't be a more broad from ten dollars to thirty two hundred dollar prediction. You know, you you pretty much covered the entire spectrum there where it's like no matter what happens, you're not going to be, quote unquote, wrong. So it is funny when you see asset managers with more bullish predictions than YouTubers out there. But this is what I think is interesting for the three hundred and fifty dollar mark to be hit. What market cap would be required on Solana? Can you see that? I'll scoot you just a bit. Other way. Yeah, there you go. Perfect. Perfect. Yeah. Here you go. So three hundred to get a price of three hundred fifty dollars, you would need a market cap of one hundred and forty six billion, which doesn't say it's high. I mean, that's you're talking about basically a 10 X for Solana, but it's not out of the question when you come over here and you look at that. Basically, there's worse tokenomics. Well, I mean, it's basically getting close to what Ethereum is right now. Ethereum is at 218 and you're asking for Solana to get to 146. So it's like if Solana could get to a market cap similar to where Ethereum is sitting right now, which, again, is very plausible, very feasible. We're talking the entire market coming up. We think the you know, if we move from one point two trillion to a three trillion dollar market cap, a five trillion dollar market cap. Now, again, these would be huge gains all the way around. I do think we'll get back above one trillion for Bitcoin fairly easily. So two, three, four, five trillion for total doesn't seem out of the question and seeing that flow into some of these other top performing layer ones with lower caps right now, it is very feasible to me. So three hundred fifty dollars. It is right in the middle of their insane prediction. Three thousand seems crazy. Ten to your point, Dizzy, I don't see that happening, but right within that, you know, I see it in the pushing new all time highs again, which I think that was 250. So it could easily break new all time highs into the 350. People asking about the leader of Anatoly Yakovenko, I think is how you say his last name, he's the CEO of Solana. If we're going to talk to anyone about Solana, we would probably target him because he would actually know what's happening. All right. Let's talk. All right. We got another article kind of breaking it down to Vanek believes Solana can grow ten thousand percent in value if it on boards. A hundred million users there. So that's a big if a hundred million is a lot of users. That's a lot of people. That's a whole lot of people. That's a whole lot of people stepping for their crypto there. All right. Asset manager Vanek says, hey, we could see a 10K pump there by 2030 if we attract one hundred million users. The most striking prediction is, I guess, is the ten thousand percent pump there. It's only one hundred X, folks. Comparatively, the price target is set at eleven thousand eight hundred. OK, that's for Ethereum there. So, ETH, they're saying going to twelve. Let's go. I like that. I like that for two bulls from now. I would say that's maybe a little bit higher than I'm thinking. But, you know, that's that's plausible. That's definitely doable, especially depending on how deflationary it becomes. You're so everybody feel like it's so conservative this time around. So that's twelve thousand for two cycles. That's because we're hitting these astronomical market caps. You know, I do think we'll get big gains. But, you know, we're talking about Bitcoin, Solana, Ethereum, these top ten coins. Once they 10X, it's a whole lot more work to make that 3X. Just because it's going to be a giant boulder. You know, sure, your gaming token, it's a little pebble. You can you can flick it and get a 50X. But when you have this giant boulder called Bitcoin, it takes a significant move just to move at 10 percent. So, yeah, I mean, I do think ETH.
A highlight from PEPE Coin Is Back! New All-Time Highs Incoming?
"Pepe is once again one of the strongest performers in the market, rising over 82 .43 % over the past week. So what does this mean for the crypto market and is Pepe officially back? Should you long? Let's talk about Pepe in today's video because something is definitely happening here and I think there's actually a really interesting trade around Pepe and the meme coins at the moment that I want to get into. But firstly let's talk about actually how Pepe rose to prominence. We know that it was essentially just this random meme coin that seemingly came out of nowhere and took the internet and of course the crypto world by storm when it launched. I mean just look at its website it's a pretty janky looking website not so professional but they had the power of community behind them and they became quickly a fan favorite on twitter which resulted in the price of Pepe absolutely skyrocketing capitalizing at a 1 .5 billion dollar valuation. This made it the third most valuable meme coin in all of crypto after Doge and Shiba for a brief period of time. This made early buyers extremely rich. In front of you you can see the top 10 biggest profitors from the Pepe trade with the number one place making 14 million, number two making 14, 14, 11, 4, 3, 3, 4 people made absolutely crazy money on Pepe and it wasn't just the team and the insiders and these sort of people that made money off Pepe it was your normies as well. I mean even myself if you remember back into the earlier of the year Pepe was actually my best trade of the entire year. Hustle as well called a 10x on Pepe and did really well. Even David from the trading competition actually shorted Pepe and made a bunch of money there and actually ended up winning the Bybit trading competition a 100k prize. So there was definitely a lot of trading opportunities around it and it made a lot of people rich at the time and it was one of the most explosive and powerful trades of the year. But ever since then things have just seemed to be getting worse and worse for Pepe. Things really took a turn on the 25th of August where we saw some weird movement in terms of the changes to the Pepe multisig. You can see this user here pointing out that the Pepe multisig wallet changed the threshold to make transactions to just two out of eight signatures which was of course a red flag and then the Pepe coin official twitter came out and said that they were actually experiencing internal conflict and essentially some of the team members were being led by big egos and greed and they had to get rid of them and make a bunch of changes in the process. So this obviously resulted in the token absolutely crashing in price and things were made a lot worse by just a couple weeks later their official telegram being hacked. So it seemed like things were just getting worse and worse and worse for Pepe and as you can see the chart did not respond well. From its retest of the range high it dropped over 56 % so despite it being one of the best performing coins at the time and actually relative strength wise versus bitcoin and a lot of the other altcoins it took an absolute nosedive and smashed through its lower support band. So that's the recap but what is happening now? Well of course bitcoin is absolutely pumping and there's more interest on the crypto market at the moment. Now meme coins in general are generally your crypto retail pulse that indicate retail's proclivity to investing crypto and interest in crypto and although I don't think retail's fully come back to crypto I do think that it's some sort of measure that the market is coming back to crypto. So that's one thing to observe but bitcoin of course performing super strongly is still leading most of the altcoins. So although there are some outliers like Pepe as you can see here that are performing really well bitcoin is still overall leading the altcoin market as you would expect at this stage in the crypto cycle. But there's a reason why Pepe is leading it's because of a couple really powerful announcements that have started to garner hype back in the crypto community. So of course Pepe is some sort of retail pulse for crypto when retail comes back they like to speculate they buy things like Doge, Pepe you know all your favorite meme coins but it's not just that being the reason why Pepe is rising in price it's the fact that there's been a couple major announcements. The first one happened on the 24th of October which was three days ago where the team announced that seven trillion Pepe were burnt which is around six million dollars worth and they also announced that they brought on a new team of advisors to guide Pepe forward uses for the remaining 3 .79 trillion tokens attributed to the original team for strategic partnerships and marketing opportunities are currently being explored. Then it was revealed that 169 billion Pepe from the team worth 200k was converted to USDT and is being transferred to cover the cost of strategic partnerships and integrations that we look forward to announcing in the coming weeks. So pretty much this original wallet that held a lot of the Pepe which was one of the reasons why people were becoming extremely skeptical of the project is essentially being sold off slowly or burnt in order to benefit the project. I think the burn was a leap of good faith at least in terms of extending an olive branch to the community after some of the hardship that they have experienced this year which no doubt took a knock on the fundamentals of Pepe and I think this announcement just goes to show the power of announcements at the moment given the fact that bitcoin is now starting to exhibit more positive price momentum. Typically when you get positive price momentum in crypto this tends to lift all ships in terms of projects starting to become a bit more comfortable with making major announcements that they may have been delaying due to market conditions. So as market conditions improve typically you see more announcements the projects that have good announcements clearly can create a positive effect for the token price as you can get some hype back into the narrative and this is something that Pepe is clearly doing right now but it's also logic that you can apply to many other projects in crypto to try and time these announcement pumps or at least trade around major announcements going to be lots of opportunities I think especially if bitcoin holds up over the next few months to trade altcoin news and altcoin announcements. So what's happening with Pepe now in terms of price and where do I think it's going next? Well firstly the fact that they are willing to be strategic with their treasury here and the fact that they're also willing to come out with major announcements I think is a bullish thing for the token no doubt justifies to some extent why the token is pumped in price and I would actually be interested here if bitcoin holds up to maybe take some long positions on major pullbacks I never think it's wise aping into a major pump like this especially when you're in the mid range of a trend and Pepe has really clearly defined trends that it tends to stick to but if you get any major pullbacks into key zones and you could mark out this 110651 level here as a key zone in the mid range and then your next key zone for me is actually the range low at 84. If you do get consolidation around these zones or you see the price starting to reverse I don't think it actually is a bad play considering there's some hype coming back if bitcoin holds in price big caveat on the if because of course you don't want to buy into the hype and then bitcoin sells off and then you're stuck with a Pepe bag which ends up retracing. I also think there are a few bag holders that are underwater and are probably going to start taking profit in this zone so I don't think you're going to miss out on the trade if you don't long today but I do think it's an interesting one with some of the hype coming back the announcements for Pepe I'm certainly not shorting this I'd more be leaning towards the long side of course not financial advice do your own research of course but for me that's where I'm leaning and actually for Pepe this demonstrated a really important thing one of the doubts and skepticism that I had over the past couple months was the fact that a lot of the FUD impacted the project what would the community then think of Pepe because it's all community driven right the entire project is based on sentiment it's a meme coin if sentiment turns for a meme coin then it becomes not sustainable as a trade and it can end up dying off we've seen a lot of meme coins come and a lot of meme coins go due to FUD and due to the narrative just dying off and of course this runs the risk of happening with Pepe considering the FUD that it's experienced but the fact that it's responded so well to positive news and positive announcements being teased actually gives me a positive sign that maybe the market is still respecting Pepe as a genuine meme coin alongside other meme coins like Doge and I had a thesis back earlier in the year that Pepe could actually outperform Doge next cycle this was back in June 2023 and the logic I used was Pepe has less underwater bag holders people are a bit fatigued by the Doge meme there's more of a discrepancy in market caps so thinner liquidity so it's easy to pump the token price a few good reasons but over the past few months I was reconsidering that stance because I have started to acknowledge that Doge has a really strong narrative behind it the Elon factor it has more staying power retail knows Doge more so when retail is getting back into crypto they tend to know what Doge is whereas Pepe is more of like an on -chain thing that was born this year amongst the crypto degens right so I've come around on this thesis to a relatively neutral territory but I've kind of come to the conclusion that both I think can become bonafide plays Pepe front runs Doge because it's more of a crypto community play whereas Doge is probably better for your general retail entry into crypto which you haven't really seen yet I know at the start of the video I said retail is coming back into crypto but that's happening in very small amounts and that that kind of retail is the retail that was already in crypto to some extent the retail that I'm talking about with Dogecoin that could come in later next cycle those participants maybe haven't ever used crypto before or only dabbled with crypto during the bull run so I think Doge appeals more to those guys so now just an update on this thesis I kind of sit in the middle here I think Pepe is over the past few days at least exhibiting that it is willing to respond which is obviously a great sign for the fundamentals of Pepe and the burn has gone a long way to justifying this repricing because obviously there are less tokens in supply now but I think that's also gotten some hype back for the token which is great because meme coins are built on community and meme coins are built on hype but I also certainly respect the Doge trade and that's why I'm saying I'm sitting more neutral in this trade now because I just think Doge as a DCA spot hold is not a terrible bet to be honest going to next cycle so that's my opinion on Doge so in terms of trading Pepe now I did mark out some of the key levels before but I just want to acknowledge once again how well Pepe has kept structure I mean pretty much bounced perfectly of this level at the 147 zone had nice bounces had a pretty clean rejection retest rejected again tagged range this low and has actually reclaimed and also tagged on the way up in the form of a retest so pretty much Pepe gives perfect retest I don't know what it is but for some reason this obeys market structure really well and it becomes really easy to trade around these key range high and range low levels if you want to take the technical peak of Pepe then this becomes mid -range and this becomes range high but in the lower time frame so the one hour and the four hour these become your range low and mid -range but it's mainly just semantics easier three zones that you want to take major trades off both to the short side and the long side for me right now though as I mentioned before leaning more towards the long side in terms of Pepe as a long -term bet I actually don't mind it it's a risky one it's a speculative one I fully acknowledge that Doge is the safer play it's hiring market cap retail knows it Pepe has some inherent risk given the fact that it went through what it went through with the internal team conflict that's never a good sign for a project so clearly some red flags but due to the market cap being a lot less we know what happens when it pumps it pumps harder and this was very clear on on the first week that it launched what it ended up doing in terms of price so that's something to keep in mind in terms of the fundamentals in terms of centralized exchange data a few interesting data points to look at here you can see Pepe volume been spiking over the past few days if you look on the monthly chart we've seen a lot of interest coming back as well open interest for Pepe also starting to peak here at a hundred million dollars which is quite a lot I mean for recent times but I don't think Pepe's hit that since inception really since it first launched on exchanges so open interest starting to come back meaning people are starting to trade it more obviously that involves some leverage as well more liquidations which involves more general trading activity so the metrics are starting to doge but I actually want to look at how it could potentially affect the crypto market this isn't necessarily some insightful observation but I mean it gives you a little bit of a look into what happened last time Pepe obviously pumped during May it hit its peak roughly on May 5th you can actually see when Pepe started to peak Bitcoin started to actually have its huge sell -off and I don't know if you remember back in May but all the on -chain alts started to tank after Pepe started tanking so it's interesting that Pepe actually marked the local top back then a lot of the time market tops in the short term are indicated by crazy meme coin blow -off tops and although Pepe isn't indicating that it's had a blow -off top yet it's something to keep note of given the fact that Bitcoin dipped last time it's not an indicator I would get super bearish off the back of but it is just something to note definitely watch Bitcoin here and when Pepe starts pumping you definitely have to take note but it's also a sign that some of those guys that were on the sidelines those retail guys are getting interested again but one plausible explanation for the pump is not just that it's the fact that they had a major burn which obviously impacts price because when you cut off a large amount of the supply it's got a reprice to the upside although it still wasn't a burn that was in it was six million dollars it's not in line with the market cap of Pepe which is currently sitting at what is it 500 million dollars substantially more right so that's something to look at as well something that I've been doing in terms of trading on all -chain altcoins but also a coin like Pepe which is on a lot of the DEXs and not on all centralized exchanges is using an application like Kyber AI to actually get data based on the bullishness or bearishness of the coin using on -chain analytics so if you haven't tried this out there's a link in the description below to Kyber AI you'll actually be able to see when Pepe shifts from bullish to bearish or bearish to bullish territory which can help you get for confluence your trade entries alongside TA so if you haven't already link in the description below to Kyber AI it's completely free search up the Pepe token and you'll be able to get a lot of really interesting data that's AI generated from Kyberswap's machine learning algorithm to get information on the on -chain data price analysis of Pepe and one more reminder before I go if you want to win half a bitcoin all you need to do is go onto Bantle Bubbles which is an amazing application and enter in your UID your price prediction for bitcoin on January 1st and the closest person will win half a bitcoin all you need to do is have a Banta account to Bybit or Bitgett or Coindw there's a link in the description below to Bybit or Bitgett if you want to sign up claim those bonuses you'll need to enter your UID once you enter your UID you can put in your price prediction and you can submit your prediction and if you're closest you win half a bitcoin you can see most people here guessing that bitcoin is going to be bullish by the time January 1st rolls around you can see a lot of green predictions here so enter your prediction do you think bitcoin is going to be hitting some of these targets like 52k like some of these people are suggesting super interesting stuff I'm going to leave a link in the description below to Banta Bubbles and the links you'll need to sign up if you don't have one of those exchange accounts already as well as of course Kyber AI as well are you bullish on Pepe long term let me know in the comments below and I'll see you in the next one.
A highlight from 1443: LEAKED: BlackRock Will Launch Bitcoin ETF On This Date!
"In today's show, I'll be breaking down the latest Bitcoin technical analysis as Bitcoin beats S &P 500 in October as 40 ,000 Bitcoin price predictions flow in. Also, the Bitcoin price hits all -time highs across Argentina, Nigeria, and Turkey. Let's freaking go. Also in today's show, Binance founder CZ's fortune gets slashed by $12 billion while SPF is still at zero. Also in today's show, bi -Bitcoin search queries on Google surge a whopping 826%, and the United Kingdom also breaking news. Cynthia Lummis leads the charge, calling for the Department of Justice action against Binance and Tether. Quoting Max Keiser in response to this news, the Wall Street Journal story was quickly debunked. The allegations are riseable. The only explanation is that Cynthia Lummis has been corrupted. Not surprising, she has never fully understood Bitcoin, and now we know she is a gun for hire for the fiat money terrorists and central bankers. The real terrorists, sad, but not surprising. I will pray for her. Shout out to the high priest of Bitcoin. Also in today's show, breaking news, BlackRock takes the apparent next big step in the Bitcoin ETF. That's right. Quoting Eric Balchunes, the ETF expert from Bloomberg, BlackRock stating in their recent spot Bitcoin ETF amendment that they are seeding the ETF in October. Don't want to read that much into it, but it is new info, not in the original filing. So it's noteworthy, especially because is BlackRock. You're damn right. I'm going to be sharing BlackRock's Bitcoin game plan. And did you know that BlackRock CEO Larry Fink exactly six years ago said Bitcoin is an index of money laundering. Now Larry Fink today is racing to launch the Bitcoin ETF and sees crypto as a flight to quality. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone. This is pod episode number 1443. I'm your host, JV. And today is October 27th, 2023. And naturally we got lots to cover. So let's dive right in and kick off today's show with our market watch as we do each and every day. So you should be able to see on the screen here, coin 360. We got Bitcoin pulling back some just under the cusp of $34 ,000. We still have Ethereum, BNB, Solana, XRP and Cardano in the green thus far for the day. And check it out coinmarketcap .com. The current crypto market cap sits at 1 .26 trillion with roughly 38 billion in volume in the past 24 hours. The Bitcoin dominance has been on the climb currently at 53 % even with the ether dominance at 17 .1%. I'd love to know your thoughts. How high do you think the Bitcoin dominance is likely to climb for this bull market? Now checking out the top 100 crypto gainers of the past 24 hours, NIO is leading the pack up 16%. And I'm not talking about NIO from the matrix. We're talking about the crypto trading at $8 .85, followed by Injective up 13%, trading at $13 .38, followed by Floki up 12%, trading at virtually nothing. Now also checking out here, Crypto Bubbles, we can see the top 100 crypto gainers for the past week. Overall, it's a sea of green, which we love to see. Only a handful in the red. We have the top gainers here being NIO and Injective as well. And checking out one of my favorite indicators is the crypto greed and fear index. We're currently rated a 70 in greed. Yesterday was a 71, last week a 53, which is neutral. And last month, a 44 in fear. So there you have it, fam. How many of you are currently bullish on the King crypto? Let me know and make some noise. Now let's dive into our Bitcoin technical analysis. Check out the charts where the Bitcoin price action is likely to go next. I'll give you a hint. $40 ,000. Send it and let's freaking go. Again, shout out to everyone just joining us in the live chat. As you can see here, Bitcoin surfed $34 ,000 at the October 27th Wall Street open as attention turned to the Bitcoin price performance against macro assets, as we can see here in the Bitcoin one hour candle chart. Now, data from Cointelegraph and TradingView showed Bitcoin holding steady, preserving its early weak gains. Bitcoin avoided significant volatility as the weekly and monthly closes, which is a key moment for the October uptrend. And it's been a hell of an October, wouldn't you say? Quoting Dan Crypto Trades here, I think Bitcoin will hang around this range for some time. He also shared roughly 33, the 35 ,000 is what I'm looking at as a range. Eyes on a sweep of any of these levels for a quick trade. And he shows you the low range, the mid range, as well as the high range. Dan, nonetheless, noted that open interest had recovered near levels last seen during the sudden uptick, which sent Bitcoin to 17 month highs. And as reported, open interest highs had formed a feature of the Bitcoin price squeezes during the prior weeks, quoting Dan Crypto Trades right here. Bitcoin open interest on Bybit has almost recovered to the level before the massive short squeeze this week. During that squeeze, we saw a 21 % decrease in open interest on Bybit, which was worth four hundred and fifty million dollars. Elsewhere, on chain monitoring resource material indicators flagged the downside signal on its proprietary trading instruments. And with two such daily signals currently in place, material indicators said that only a move to thirty eight thousand eight hundred and fifty would invalidate the bearish implication. And he continued, that doesn't mean we can't go there before the monthly candle closes, as he outlines here on this ex post alongside this chart. Now, more optimistic perspectives came from the macroeconomic comparisons. Many analysts projecting forty thousand incoming, including Crypto Calio, noting Bitcoin had outperformed the S &P considerably since September, with the odds of continued Bitcoin price upside still a good result. Quitting him here over the course of the past month, we have finally seen the bullish decoupling from Bitcoin from equities that everyone was waiting for. That's right. Bitcoin is on its own vector, does its own thing, and it don't care about the rest of the market. As he shares here, while Bitcoin is up only thirty six percent versus USD from the September lows, Bitcoin is up forty eight percent versus the SPX, and we're now up roughly one hundred and ten percent for the year. Not too shabby. And in a chart he shared here comparing Bitcoin to the S &P with key recent events of the Bitcoin history marked, Calio argues that there was plenty of fuel left in the tank for a move higher to forty thousand. I agree. Let me know if you agree to disagree with the analysts. Others focus on the significance of the recent resistance levels being within days of flipping to weekly and monthly support. Quoting Matthew Hyland, not sure how anyone can look at this Bitcoin chart objectively and conclude that breaking through thirty thousand or thirty two thousand is no big deal. One hundred percent. He also shared the last line of hope for them is the weekly and monthly closing below. So there we have it. This month is only four days left. And guess what is right around the corner? It's the birthday of Bitcoin. It was launched on Halloween Day, I believe, October thirty first of what was it, two thousand and nine. Crack me if I'm wrong. I'm guessing that's when the Genesis block was. And lo and behold, we're only four days away from Halloween. And we're not too far away from eleven eleven, November eleventh, which is the official Bitcoin day, which I declare maybe I'll share some more about Bitcoin day being a national holiday here a little later on in the show. Welcome to y 'all just joining us. Let me know if you're currently bullish or bearish on the King crypto. And do you think we can continue to soaring in November with this bullish momentum? Let me know your thoughts in the comments right down below. Now let's break down our next story of the day, and that's Bitcoin reaching all time highs in many countries around the world as all fiat currencies will eventually go to zero against BTC. Check this out. The price of Bitcoin was notched to new all time highs against some of the world's most inflationary fiat currencies across 30 hours over October twenty third and the twenty fourth. The cost of buying one Bitcoin reached all time highs using the Argentine peso, the Nigerian naira and the Turkish lira. Now, Lauten Kip and the Egyptian pound. Very interesting. I mean, Bitcoin's breaking out to all time highs everywhere. However, it should be noted that the result is due to the ongoing devaluation of currencies exasperated by Bitcoin's recent 16 percent surge. Now, the naira and the lira fell to their lowest points against the US dollar on the twenty fourth and the twenty fifth, while the peso is only point eight five percent off its all time low against the US dollar. And according to the IMF, the Venezuelan Bolivar currently has the highest annual inflation rate at three hundred and sixty percent. Could you imagine living over there and having hyperinflation occur at a three hundred and sixty percent increase month over month? That's pure insanity. Followed by the Zimbabwe dollar at three hundred and fourteen percent and the Sundanese pound at two hundred and fifty six percent, followed by the Argentine OSI at one hundred and twenty two percent. Now, the Turkish lira and the Nigerian naira came in sixth and fifteenth with the annual inflation rates of fifty one and twenty five percent, respectively, according to the IMF data. Now, crypto observers have long seen digital assets such as Bitcoin and stable coins as a hedge against rocketing inflation, and recent figures could bolster that narrative. Yeah, I would say now Nigeria, Turkey and Argentina boast the second twelfth and fifteenth highest rates of crypto adoption worldwide, according to a September twelfth report by Chainalysis, including the Giga Chad and chairman and founder of MicroStrategy, Michael Saylor, with inflation at ninety nine percent in Argentina. And this was back on February 15th when he made this tweet. It's ninety nine percent in Argentina, likely what the citizens of the beautiful country would benefit from Bitcoin. That's right. So why are all these citizens in these countries where hyperinflation is breaking out, moving to Bitcoin? I think that's why adoption is increasing drastically in places and countries like Nigeria. For example, Nigeria is finally becoming more welcoming to cryptos after its central bank banned local banks from providing services to crypto exchanges in February of twenty twenty one. Progress was made December of twenty twenty two when Nigeria announced its intention to pass a bill recognizing crypto currencies as a capital for investment, citing the need to keep up with global practices as one of the main reasons behind its change in stance. Now, while Turkey is home of some of the most crypto curious people, its central bank banned crypto payments for goods and services in April of twenty twenty one. It has also been working on a central bank digital currency, which we know is a CDC to digitalize the Turkish lira in the recent years. And as we all know, Bitcoin is the antidote to the CDC. So just say no to central bank digital currencies, aka program programmable fiat programmable dollars by the central bankers. Meanwhile, Argentina's inflation crisis could be influenced by the outcome of its presidential election in November, with presidential candidate Javier Malay set to face competitor Sergei Massa in a final runoff vote November 19th. That's just a few weeks out. Fam, hopefully Malay wins the presidency because Argentina has a massive population. This would help usher in massive Bitcoin adoption. Now, Massa, who currently serves as the country's minister of the economy, wants Argentina to launch a CDC as soon as possible to solve the country's long lasting inflation crisis. Now, we all know not going to solve that. Bitcoin is the only way to solve these problems. That's why we need Javier Malay to become president. Now, quoting Peter Schiff, Argentina's president provides a glimpse into America's future, where the central bank raised interest rates, 15 percentage points to 133 percent October 12th. But with inflation running at 138 percent and budget deficits and debt rising, the rate hikes will have no effect on reducing inflation. So there you have it. Now, he also voiced an intention to keep the U .S. dollar away from Argentines, explaining that Argentine should instead be patriots and defend the Argentine peso. I think that's hogwash. That's why we need to vote Malay fam. Malay, on the other hand, wants the U .S. dollar to be adopted in addition to abolishing Argentina's central bank. Hey, anyone who is calling for the abolishment of a central bank is pro bitcoins. That's what's up. We need pro bitcoin presidents like Najib Bukele, not more presidents like corrupted mofos like Sleepy Joe. Just saying, fam. Now let's break down our next breaking story of the day. And that is the richest man in crypto is CZ. It's no secret, but his fortune is getting slashed. And now there is FUD coming from Senator Cynthia Lummis. We're going to touch upon the FUD a little later, which I think is just bat -ish crazy. But nonetheless, here's the latest with the fortune of the richest man in crypto, CZ, the owner of Binance. So here we go. Binance co -founder and CEO CZ has seen his net worth slashed by almost 12 billion dollars amid the following trading volumes of his exchange Binance. October 26, the Bloomberg Billionaires Index cut Binance's revenue estimates by 38 percent amid a slump in the exchange volumes, which knocked CZ down to 95th place on the rich list. I think this is all by design. What are your thoughts? And I find it all interesting while the ongoing trial of SPF is taking place and he's actually testifying. Today is the last day of the court case, FYI. Now, CZ's net worth is now 17 .3 billion, not too shabby, registering an 82 percent drop from his 96 billion dollar peak in January of 2022. That was roughly two months after we hit the top of 69000 in Bitcoin. Naturally, with CZ being one of the larger hodlers of Bitcoin. So this ranked him amongst the 11th most richest people in the world, which leads me to believe the first trillionaire is going to be a Bitcoiner. Don't you think so? I think the first trillionaire will surpass the fortune of Bezos, Elon and all those other fools. Just saying. Bloomberg's index calculated Binance's revenues from spot and derivatives trading data from crypto data aggregators CoinGecko and CoinPop Rica. And as of September, the exchanges spot trading market share had fallen for seven consecutive months to 34 percent. And in January, the Binance spot market share was over 55 percent. Now, Binance U .S., its United States base arm, also saw volumes touch new lows last month. That's due to the SEC going after them clearly. Now, CZ's plummeting net worth and Binance's fading trading volumes follow twin lawsuits from the U .S. SEC and CFTC. Attack, attack. Very clear. The SEC sued CZ, Binance and Binance U .S. in June, claiming the exchanges operated illegally, sold unregistered securities and mishandled customer assets, with CZ named as their controlling person. Now, the CFTC suit in March claimed Binance did not properly register with the regulator. CZ and Binance reject both the regulator's allegations and seek to dismiss both lawsuits. Now, the recent fall pales compared to CZ's rival, Bankman Fried, who saw his 16 billion dollar fortune effectively wiped out November of 2022 after FTX disclosed this liquidity crisis just days before it filed for bankruptcy. And what makes this also very interesting, of course, Bankman Fried was considered one of the richest in the world, also on the Forbes rich list. And then just like that, in a matter of weeks after FTX collapsed, they filed bankruptcy. And now he's worth a big fat zero and most likely going to be facing some prison time and some other harsh punishments for the crimes he committed. We'll see how that all plays out. Hopefully we have some insights by next week on how the court trial has gone, as it's been going ongoing for the past two to three weeks. And with that being shared, fam, now let's break down the next story of the day and discuss by Bitcoin searches are going parabolic, which is a sign of the times that the bull market is here. It's like deja vu all down. Then we'll dive into the latest Cynthia Lemus Fudd and BlackRock ETF news, along with their date of when the ETF is likely to get the approval, followed by some live Q &A. Here we go. Google searches for buy Bitcoin have surged worldwide amid the major crypto rally, with searches in the UK growing by more than 800 percent in the last week. Now, how many of you are tuning in right now from the UK? Let me know. And how does it feel the sentiment of Bitcoin in your country? Yeah, I mean, let me know. According to research from Crypto Gambling TV, the search term by Bitcoin spiked by a staggering 826 percent in the UK over the course of seven days, quitting them here. The remarkable surge in by Bitcoin searches in the UK, combined with the crypto's resurgence, underscores the growing interest and potential impact a traditional financial institutions involvement of the world of digital assets. Now, while users in the UK led the pack, there was also noticeable increases in searches relating to purchasing Bitcoin from Web users all across the globe. According to data from Google Trends, searches from users in the United States for should I buy Bitcoin now increased by more than 250 percent. Let's go. While more niche searches, including can I buy Bitcoin on Fidelity, increased over thirty one hundred percent in the last week. That's because Fidelity is massively bullish on the king crypto. And they're the ones that put forth the billion dollar Bitcoin price prediction, which I covered here in the show. And zooming out further, the search term, is it a good time to buy Bitcoin? So I 100 percent plus gain worldwide over the last week. And in comparison, searches for BlackRock Bitcoin ETF also jumped 250 percent, demonstrating the broader enthusiasm for information relating to BlackRock spot Bitcoin ETF, which is currently pending approval, which all eyes are on the ETF right now. The sudden uptick of interest comes amid a drastic increase in the price of Bitcoin over the past fortnight, with Bitcoin briefly surpassing the value of thirty five thousand on October 24th. In fact, I think the local highs roughly thirty five thousand two hundred. The excitement appears closely linked to the approval of a spot Bitcoin ETF, which many pundits believe will unleash a fresh wave of buying from the institutions. Now, senior ETF analyst Eric Valchunas and James Safart have pinned the probability of an approval at 90 percent by January 10th of 2024, quoting James Safart here on X. I've gotten a lot of questions regarding my current view on spot Bitcoin ETFs over the last couple of weeks. This is the first section of the note I put out yesterday with Eric Valchunas. Now, obviously, he shared there is a 90 percent chance of the approval for ARK's January 10th deadline, which is going to be coming up here soon. And at this time, we have Bitcoin up now more than 27 percent for the past two weeks as October continues in full effect. And guess what? The month is yet to be over. So October for the win. Let's freakin go. Now, let's break down our next breaking news of the day. And I'm a little shocked to hear the FUD that Lummis has turned into a traitor. She has been. What's the word we're looking for here that Max Kaiser loves to use? The word is she has been corrupted. So, yeah, Max Kaiser calling her out. So much respect to the high priests of Bitcoin. I don't respect anyone pushing this Bitcoin FUD and narrative. Obviously, it's not a good look. And it goes to show you that any of the senators can be corrupted, just like Cynthia Lummis. So let's start with the actual tweet, which got this whole thing started. I think I have it saved somewhere here.
A highlight from WINNING BITCOIN TRADES (Top Profit Taking Strategy)
"What's up, everybody? My name is Kelly Kellum. Welcome to Discover Crypto. I'm here to give you a needed public service announcement. It is you don't go broke taking profits. Bitcoin has pumped massively over this last week. Looking here on the chart, we see it's pushed up how many percent? All the way up over 25, 30 percent almost this week alone. If you are trading this market, and I'm not talking about long term investing, if you are trading this market, there is zero reason why at this point you shouldn't have taken some profits off this trade, reallocated it into your long term portfolio, into your short term trading portfolio, and of course, some cash on the side to make sure that you are living on some of these profits. What are profits if you're not taking them out of the market and utilizing them in your life? And so looking at this chart, we see, yes, Bitcoin pumped massively. We also see things like Ethereum pushed up. We see coins like Mina. Look at how large this pump is. In fact, this one far eclipsed what we saw in Bitcoin this week, over 144, 150 percent move. If you traded this, if you traded this breakout, what breakout am I talking about? Well, look at this massive downtrend that we see right here. Let's see if we can find a trend line somewhere within this. There is a trend line right there from point, point, point on this breakout. If you took this trade, great trade. But if you have taken no profits off this trade yet, then this is not a trade. If you're looking for the future, if you're long term investing, great. No harm, no foul. But if you are trading this, you're trying to stack your crypto before this next bull market. Why haven't you taken any profit? The way you really build your capital in this market as a trader is to take calculated moves. Head yourself. Also, use good, healthy risk management. Wait for those trade signals to line up, whether using the BitLab trading stack, whether using Stochastics and RSI and pattern breakouts, whatever you're utilizing, whatever strategy works best for you. You need to also have a strategy to exit the trade. And that doesn't mean you go all in and you pull all out. No, what you want to do is ladder your entries and ladder your exits. So how could we know where to take some profits on this? Let's go over to Bitcoin real quick. Well, zooming out on this chart, you'll recognize this chart I've been using over this last few weeks on Discover Crypto when I'm doing the TA. We got a couple key lines we got to watch for. That's just basically parallel channel we have going to the upside. We broke down from this critical juncture right here on August 14th. This is a very key level. We also see key bounce, key bounce, the formation of this trend line right here all the way up. Where did price action move to? Well, if you took a breakout trade anywhere on this chart, we could see we have a downtrend resistance right here that we did break out of. We did find that confirmation. We want to find those confirmations if we want to stack our profits over time. So we see the move is perfectly calculated. And there's multiple points in here in which I could have seen very small scalp trades and also maybe a little bit more of a swing trade over the course of a couple of days or a couple of weeks. In this case, we see a bull flag. We see a bull flag and we see an explosion right here, which is not at this point is a bit of a bull flag. But when we see this, the measured move on this right here, we see there's a flagpole and look at that. That would have been a perfect opportunity to take a portion of your profits out of that trade in case the market moves the other direction. Similarly, we got this bull flag again. Let's see that measured move. So you should have already had an identified level on the chart that you take some off the table, whether it's 15 percent, 25 percent, 50 percent, you're going to have to determine that yourself based on what your goals are in this market. But on this massive move that we see right here, if you've taken zero off the table, there's no guarantee this is going to go up because nothing in the market ever goes like this up, up, up, up, up, up and away forever. In fact, if we zoom back out and we go over here all the way, let's come look all the way back. Did this go straight up? It did. But then we had the pullback. We had a consolidation. We had a pullback, started rounding and it collapsed. It did not go straight up forever. If we go to another chart, we look at something like 2017 push up, pull back, push up, pull back, push up, pull back. Feels like it's going to go straight up, up and away forever. And what do we get? It moves down almost as fast as it goes up. A lot of times in these markets, if you are not prepared, you can get caught holding the bag while everybody else sold to you to take profits on their good position and you're holding the bag on the way down because you didn't have a strategy. This is all about strategy and how well you can keep yourself in line with strategy. So here's another great example of this parallel channel. We have the parallel channel as well as this rising level of support. You know, on this way up, there should be some some profit taking here, even if it wasn't in your targets, some profit taking, even if this continues up, at least you have some capital from the profits you took on this move in your trade. This again, not a long term investment. If your strategy on this move on a for a portion, an allocation of your longer term portfolio, you set aside for trading and then in your trades, you take profits on the way up and you rotate some of that into your long term portfolio, into your bag so you can take your wife or your boyfriend or your mom out and just show them love. Take care of the people in your life, give to charity, utilize the skills you're using in this market, the skills that you're utilizing to capture money making opportunities. If you never take any money out of the market, if you never rotated into your long term goal, your long term portfolio, what are you in this for? I don't want just to see numbers on my screen go up and say, man, at one point I had not because I've done this before, at one point when you're starting to take screenshots of a trade you just made or your portfolio because it's so high, that's a great indication. If you're not out of that trade, if you're not changing and rotating capital in your portfolio, it's a good indication when you're feeling proud of a move, it's probably a good time to start taking some profits. If we come over here to Mina, how could we known to take profits? Well, one, this is going straight up. Not only did it go straight up, let's look at how big this move was to the downside. That is a 20 % move to the downside. Now using the BitLab trading stack, you can see on this eight hour chart, we have high volume candles. That's what these teal candles are here. It's saying that there's a lot of buying pressure. Then we get a huge wick to the upside. We get a bearish signal right here, part of the BitLab trading stack. This is a BitLab intelligence and we can see we get the yellow candle means stopping volume. Now maybe you didn't get out here, maybe you didn't get out the top, but at this point, we got three key things at play. We have a bearish signal. We have almost a doji shooting stars type of candle suggesting the narrative of the bulls is no longer as strong as it was proceedingly. We see the expansion in bullish momentum. Now we're seeing a very equal battle between the bulls and the bears and stopping volume and a bearish signal, a lot of indications, even if you're not sure, is it going to go down? Is it going to go up? We have this trend line that broke out. It pushed to the upside. We had all the signals that we just went over. But in addition to that, how do I know what the identifier level is to take some profits off of? Well, let's go ahead. We can draw some lines. We can draw a horizontal ray there, draw a horizontal ray right there at this cycle low. We could do right here from this high. We also see this goes all the way from this high, this high, this bounces. And so this gives us an example. If you're not a fan of looking left on the charts, but you can also come over here, find your fib, do a fib retracement from the top all the way down to the bottom. I just want you to notice something. Where do we see? Where do we see that this price reversed at? Right inside the golden pocket, 0 .618, 0 .65. Right here, we can see that the price action pushed right into the zone and got immediately rejected. So once you're starting to pass the 382, the 0 .5 and the 618, you want to watch for an opportunity to get some off the table because this is one of the highest hit rates for where price action goes and pulls back from, finds a little bit of a rejection from. That doesn't mean that it won't continue higher after, but it's a great spot to pull some off the table and reallocate it on a pullback or again into one of those other assets you have your eye on. If you're not feeling incredibly confident about the move of the assets that you're trading, then it's a time to take some profits off the table, put it in your back pocket, rotate it in that other altcoin that's not moving yet. Great way to do this is come over here to CoinGecko. And when you see this listed, we can have it from one to listed basically by the market cap. But you can also come over here to the right to one hour, 24 hours and seven days. You can see, okay, what has performed best this week? Okay. You're not moving into what's performed best. So many new people in this market say, oh, that's performing best, I want to hop on. You're hopping on a train that's about to go off a cliff. You don't do that. Click again. You see the least productively in the last week. Doesn't mean you just go in on these. Then you start looking, digging a little deeper, looking into these assets if you're not familiar with them. Saying maybe there's something in here that has not moved yet. Maybe I can capture that before it moves. But you don't just jump in because it's down. You see it. You identify. This merely identifies an asset maybe you could be looking at. Then you jump into the chart and you utilize your technical analysis, the patterns on the chart. You look into some of the social media. What's going on? Is there anything on the calendar for development or new partnerships? What's going on? And if it hasn't moved, also check. Is there a reason it hasn't moved? Because maybe, for instance, something like Gala, where Gala was performing so well and then all of a sudden the co -founders were all of a sudden in lawsuits with each other. Well, maybe if that's not moving as fast, maybe that means that also may not be a good opportunity to get into. But when we come over here, 24 hours, we see Pepe, Rocket Pool, Rollbit, Chainlink, The Graph all performing very well in the last 24 hours. What's not performing so well? Maker, Mantle, Casper, Filecoin, Flow, OKB. You can see how you can utilize several different tools and just a little bit of diligence to identify where you can get into projects. But remember, you can utilize the capital from your trading when you take profit so you don't have to pull new money out of your wallet to put it in the market and risk more. Put money in the market, make your trades using healthy strategy and good risk management. Identify the areas to take profit. Start pulling some off the table, rotate that capital into your trading portfolio so you have your trading portfolio still growing into your long term portfolio. So no matter what happens with any stupid decisions we make and we all make stupid decisions, sometimes you're protecting yourself and you're protecting your future by taking profits. I just want to make sure every one of you realizes that you have the keys to success in you. And it starts with balancing your ability to hold yourself to a strategy. And if you don't have a strategy yet, tune in here a bit more often, learn from us on Discover Crypto. Head over to BitLab Academy. We've got all the tools, all the strategies, all the techniques for you so we can make sure that you can dominate this market.
A highlight from 405 iOS17 and Clubhouse Pivot
"Hey, everyone. Thanks for returning to She Podcast, the podcast. I am your co -host, Jessica Kupferman. Welcome to Episode 405. With me as always, today, very giggly, Elsie Escobar. Oh my God. Hi. Say hi. Hello. Hello. Oh my God. We sound like we literally have never done this in our lives. Not to say we are on episode four hundred and five. So like four hundred and five. Can't find my earbuds. Don't know why Elsie's face is disappearing. Take extra time to find the mic and the settings. We literally just did this like a month ago. Like it hasn't even been a month, has it? Maybe a month. Yes, I think it has been. Yeah, but but but it doesn't really matter. Hello, Cheryl. It doesn't really matter because we have been doing this since twenty fourteen. Just you and I since twenty fourteen. That's like it's almost a decade. Oh, Cheryl has corrected me. Two months it's been. Oh, it's been two months. OK, yeah, I'm sorry. I apologize. Hello. All I'm saying is. Oh my God, let's continue on. Let's continue on. She's speechless, ladies and gentlemen. I know I'm just no, but given the fact that we we have been gone, we've been gone for two months. Hence, where have we been? Where have we been? Well, who wants to go first? You or me? Who wants to go? Well, hey, listen, I say you go because I'm following your lead. Oh, is that true? The last week, the last week we could have started last week, but it was my May May's birthday on September 4th. And therefore I was like, we are, you know, we're spending time together. Yeah, let's just back this in. Let's back ourselves in. OK, so last week we didn't do it because of May. The week before we didn't do it because I was actually at your house. No, no. You were having surgery. I had surgery on my elbow. Do you want to see that scar? Oh, wow. And look at all the bruising. Why do you? Oh, yeah. Because of the thing I was like, what? Yeah. Wow. Look at that. This is really gross, isn't it? Oh, it's like I'm like Frankenstein. There's no there's no like stitches or anything. Yeah. I had tennis elbow surgery. Funny story. Thought it was carpal tunnel surgery till the day before. And everyone was like, why are you having it done on your elbow? And I was like, I don't know. That's just where they want to do it. No, it's because it was tennis elbow surgery, not carpal tunnel surgery. The week before that I was at your house. Yes. Yes. No, I had surgery on the twenty eight. No, you're OK. I'm right. Yeah. The week before that I was at your house. The week before that, I don't even remember. You know, we did the event and then we did a couple. And then, you know, I think I was at the beach one week and I think you were somewhere. And I don't know, we were busy with family, you know, strong family months like July, August, December. We try not to, you know, we don't push ourselves to record. We don't push each other to record, which I think is nice. Well, I think that there's also another element that a lot of people don't really talk about. And I think that this is something that we would not have been able to do if we had advertisers or sponsorship in our show. So if you have advertising or sponsorship or have a community like a Patreon type of community that is based on ability your to create content, then you don't have this option. I'm just letting you know. Well, you do actually. I mean, you could you just have to tell people in advance when you're not free. Yes, this is true. You would have to plan. Yeah. You would have to pre plan and say you will get content from us 10 months out of the year or eight months out of the year or whatever. That's right. That's right. So, yeah. So we've been doing stuff. I had a good summer, but I mean, all the stuff I said I was going to do in June, like fix my house up and stuff like I didn't do any of that. I did not do one bit of that. I did a lot of sleeping like July was like, I don't know, I just slept so much that I thought something was wrong with me. I thought I had mono. That's how much I slept. Then I was suspicious that there was a carbon monoxide leak in my house that was causing me to be so tired all the time because I'm always that's what Jewish mothers do. They instantly think the worst. So it's like, I'm not tired. Something is slowly killing me, you know, like I'm getting as I have a stroke or something. So that wasn't the case. I guess I was just fucking tired and now I feel better. Yeah. And also, though, but I think it's very bizarre that you just said you were sleeping so much and now you're saying I can't sleep. It is. That's true. I told Elsie this morning, I mean, I have the worst dark circles. You see, I have makeup on them because it literally looks like I've been punched in the like face the last couple of nights I haven't slept. And it's because I've tried to go to bed early if I was just like, no, we're just going to go to bed at like twelve thirty one. It was fine. But as soon as I'm like, I have to go to bed like an hour and a half earlier, I'm panicked about whether or not I'll be able to do it. Then I toss and turn all night. It's a horrible cycle. But hopefully it's just an adjustment and I'll get used to it because the other part is like school is an hour earlier than camp. So I have to get up earlier as well. It makes a huge difference, that one hour. And then God forbid, you know, if if school and daylight savings came at the same time, like I would need a coffin to sleep in, like I would just like become a vampire. It would be the worst. Thank God I get a break from that before before it all begins, before it all starts, before the DST. Anyway, what about you? You just came back from podcast movement. I did. I mean, I just came back as in like almost a month ago, like three. It's almost three weeks. It literally has been almost three weeks. Yes. It's looking back and I go, oh, my God. Oh, my God. Time is going by so fast, because like even right now, if I if I look at that, it's three weeks ago. You're right. Be like, it's I'm telling you, it's really it's going by really fast. Yeah. Yeah. I was there. It's like one week. And then, yeah, so right now it's going to be that this is starting the third week. So I remember what I was doing before and after I visited you. Isaac had the chicken pox. That's right. Even though he's vaccinated. Yes, that's right. He had a pretty disgusting case, I must say, of the chicken pox. Yeah. Because Emily had it, too. She had been vaccinated and it was like four things that we were just like, they don't look like bug bites. But but this was like a rash from like armpit to hip on one side. It was ridiculous. Anyway, I won't talk about that more because it was revolting. But yeah, it's been a weird summer. But good. I'm happy to be back. And I'm excited to be recording with you today because we have all kinds of things that happened this summer. Yeah. And we may as well just jump right on into it. What are we waiting for? I don't know. Let's do it. I know. But wait, I just have to say your T -shirt. Did you wear that for me? I love the Muppets. You do know that, right? I love this T -shirt. It's my favorite. I got this in L .A. When I lived in L .A., that will tell you how old this T -shirt is. So animal, though, almost seven. It's literally almost 17 years old, this T -shirt. Oh, my God. I love this. That's crazy. I love it so much. I remember where I bought it. I bought it at Urban Outfitters on Melrose. Like I still have the memory. I was like, animal.
"at least one hour" Discussed on The Breakdown with Bethany
"I think for me, obviously, like I said, it was just a huge adjustment trying to balance everything because you know, your mental health as a parent and as a mom is very important. I mean, you have to focus on yourself in order to be the best mom that you can be. And I was just talking about this today with my mom. I was like, we have to prioritize our health and just set aside. Like, I feel like what has helped me a lot is just setting aside one hour to either workout, go outside, go on a run, just get just something, drop the kids off at daycare. Have a, if you are allowed to have a babysitter and you have those means, get a babysitter for one hour and just like do something for yourself every single day. And I think that like has definitely helped me mentally be like, okay, I can do this. I can take on the day. And so for me, that's been like a big, big factor just setting aside like at least one hour to do something for me. So that's been really helpful. But yeah, like I said, it's been an adjustment and we're just like figuring out the balance right now. Yeah, I love to hear that. That's so important. And you know, something that I actually speak about a lot is like finding, like try to like rediscovering your passions as a mom and we know you are a dancer and I know maybe you don't have all the time in the world to dance, but I wanted to share something that I heard for like Salma Hayek say in an interview. And she's like, when you're feeling down and maybe you're like not yourself, like turn on your favorite song and like dance until you have like goosebumps, right? So I'm wondering, do you have like a song like that that you just go and just like, oh, let it rip? Oh my gosh, it's so funny cause I actually get asked that question a lot. I'm like, I have to look at my Spotify and just see kind of, it just totally depends on my mood. I feel like most of the time I go to country because it's not like your typical like pump up dance song, but it's just more like the feeling that it gives me is just, I don't know if it's nostalgic, like that's very like my hometown, like high school, like back when I like had that drive to be a dancer, it just reminds me back when I was falling in love with my husband and we were just starting our new lives together and we had this dream of going to LA. So I think like any sort of country music just kind of like does that for me. And did I see on Instagram that you played that in the delivery room as well? Yes, I totally had my country playlist while I was having my C-section and it was the best and all the doctors were like, what is this playlist? It's so good. Like, it's just my country, I love it so much. It's like, it just like puts me in like the best mood ever. So I would say probably anything country, Morgan Wallen is so good, so. I love that, I actually wish I knew I could do that. I had two C-sections and I'm thinking I really would have benefited, but like a playlist is so nerve wracking. It's so nerve wracking. My first one was emergency, so I didn't really have time. I was like kind of out of it. But like my second one, I was totally coherent and it's so crazy, isn't it? Like walking into the surgery room and you're like, okay, this is happening, I'm totally conscious and they're about to cut me open. Like this is insane. It's wild, it's wild. It's wild, wild, wild. Right, so also, so I'm wondering also because you did take this time off from Dancing with the Stars and I know that you're planning to spend the time with the boys and really focus on them, but is it hard to kind of shut off that side of you, like that kind of professional side of you? Or are you gonna work on any kind of side projects while you're home with the boys? Definitely, I think my personality is I'm kind of not a workaholic, but like I love the individuality that it gives me to work. Like that is so important and like Carson and I always talk about our individuality because we say we're parents and like that is like our, we love it, but there's also like our passions and like what we wanna do in life as well as being a parent. And I think you can have both. Like, I don't think that you have to have one or the other. And for us, it's like, for me, it's like really important to have that individuality and those passions and my hobbies. So there's definitely gonna be some things I'm doing on the side as well. You know, like for instance, this campaign has given me so much like fulfillment and also I'm coming out with some other things that I'm really excited about that I can't quite say yet, but I'm definitely working as well as, you know, parenting and being a mom. And I just, I can't quite let that part go of myself yet. Yeah, I think that's, I agree. And actually when I became like a writer and an editor, I really was inspired by me becoming a mom. And I just interviewed Chanel Iman, who is this, you know, amazing supermodel. And she talked about like incorporating the kids into her work. Do you have any plans to like maybe incorporate the boys into like creative projects? I love that you said that because I do feel like my passions are more driven because of my kids. I mean, you wanna work harder because you wanna have the best life for them possible, but you also wanna show them that, hey, your mom is awesome and she can work. And like, I was dancing on national television while you were in my belly. Like, that's just so crazy. Like, that's like just so fulfilling to me to show my boys, like your mom is a bad eight and she can work and she can do it all. I mean, we, women are so amazing. Like we really are, like we can just do it all. And I definitely have plans to incorporate my kids. I mean, I already do. Like you see them all over Instagram. It's just a natural part of, my Instagram is just so personal that I just, there's no way that I can't share them because they're such a big part of my life. But yeah, I love like I'm working with a kids company to come out with new, like a pajama for the kids and like just stuff like that. That's just really easy to incorporate in everyday life. That sounds so fantastic. And that was a really great place to end. Winnie, thank you so much for your time. I'm wishing you like the best like home life ever. I'm so happy that you're taking the time for your family and really just thank you so much for talking with me today. Yes, it was so nice to talk with you. Thank you so much. All right, take care. We'll see you, bye. Bye. Bye. Bye.
A highlight from BITCOIN BREAKS 35K - EMERGENCY PRESS CONFERENCE - Discover Crypto
"Hey, everybody. How are we doing? We're looking at Bitcoin breaking out. We're going to have some TA experts. We're going to have some macro experts. We're going to have some people just looking at about the geopolitical situation. Does that have anything to do with what we're seeing now? Go ahead. Who do we want to go first? Should we look at the TA? Let's do it. Let's do it. Well, yeah, I got the chart up right here. You know, first thing I got, you know, like every one of us, I believe everybody got texts from people. I wasn't looking at my phone. I'm a little superstitious. I was working out for the first time in six months. Is this now going to be a thing that I need to work out every day so the market pumps? Well, look in here. This is a one -hour. Let's look at a more respectable timeframe. The same chart I showed this morning on Discover Crypto, just we weren't really paying attention to this line because we weren't anywhere near it. We're down over here. But we got this massive pump, got resistance right at this level, which is this ties all the way back to January. Basically, the year beginning bull run bullish pump back January 2023. Also with support here, support here. This is where we broke down in this current range that we were trading in. But we moonshot up here right to this resistance level. We broke that 32K. I was talking about what happens when we break 32K? Transport up. So how do you guys feel? What are you seeing? Hey, yo! What's up, everybody? Just so everybody knows. Cracking a cold water to that one. Yeah, this is the impromptu thing. We got our YES. Our YES powder, which gives you energy and keeps you motivated through these charts. But what are you seeing on the charts, Tim? You want to share your chart? Yeah, I got to share my screen though, don't I? Let's see here. On the bottom with the up arrow. Now, yep, CSCSCSC. Here we go. Yeah, I mean, it's just nuts. I mean, ultimately, the explosion. If everyone was wondering, why did we explode? Like, I was watching on the chart when we got above 32K and it just went nuts. And then we retraced. And of course, I decided, you know, like, hey, let me put the phone down and go spend time with family tonight. And then it just continued getting nuts. You guys can see here volume. Volume right here. When we got above 32K right there, you guys can see there's a lot of volume here at that value of your high at 30 ,500. There's still some. But as you kind of creep towards that 32, there's a huge gap. And then where does it start picking volume back up at? Right about 35 ,000. And of course, 35 ,000 is a nice round number. There's probably a lot of people who put in sell orders at a clean number rather than a broken one. But you can look if you go down to like three minutes, you know, the three -minute chart, it did not take long. You know, I was sitting here. I thought once we broke the high from back where we head and shoulders gone now, by the way, we broke that high. I said, all right, watch out for 32 seven. Well, guess what? Within six minutes after breaking 32 seven, we wicked up here to 35 on the dot. And then immediately within the next six minutes fell back down pretty close. And then now we're kind of finding some support where right there around that 32 seven, that 32 seven is coming in because that's the trend line of resistance. If you were to connect the previous two highs in April and then again in July, that's that little area. So we're continuing to to justify odds, really. I mean, this I was talking with some people in Discord. There was nothing that charts could have prepared you for this crazy, crazy of a rally. Everyone expected it to resist at some point. So I got to I got to pause you there for anybody that's been in the markets just for the last four or five months bored out of their mind. You didn't know what we were talking about. Well, you didn't know what we were talking about. We were talking about God candles. This is what this is known as a daily God candle. This is breaking through resistance, no stopping, no levy, no break. Now the question is, do you just jump in, Tim? Do you just jump in and jump on this green candle or do you wait for a little bit of pullback? Well, no, you don't. And I want to I want to I want to be a sore subject to everyone's memory. And I'm not saying the same thing's going to happen. So let's start off by saying that. But remember the God candle we got on XRP not that long ago. Again, I'm not predicting an exact same movement where this God candle, technically speaking, it could very much happen when we go back to where the God candle started. But XRP this just taken off here back in July and then slowly working its way back down. You know, I almost see this as we've had a fantastic weekend like it is Monday. But this weekend was a fantastic, explosive, odd, defying weekend. But what we might have just seen is like the final fireworks, like when you go to like the Fourth of July or New Year's show where it's just really cool. They're going left and right, blue, green. And then that last the last 10 seconds, they just go ham. And that's what this really felt like. But you're also going to see while the four hour chart we didn't match, let's go the hourly chart. There was I think when we go lower timeframes, it's not as much. But the volume, finally, that was a complaint I had Kelly this whole time was the volume other than the wick where we had the fake news with ETF. There really wasn't any volume. Well, we got that here right at the end. And of course, that's mixed with Yeah, it's still a big green candle. That's a big green wick on the top side of it. So I'm not gonna say 100 % certainty. That was the end. We absolutely could keep going. But it definitely had that finale -esque explosion. Well, yeah, I want to share some here situation.
A highlight from Reddit Crypto $MOON Crashes 85%! (Rugpull Alert)
"It is a great day to discover crypto. It is Wednesday, October 18 is 1035. We got Drew and Kelly on the ones and twos today. And today, folks, we're going to be talking about Bitcoin. Of course, we got to talk about the main story here. Reddit rug pulling their community tokens, the RCPs, the Reddit community points, a lot of Reddit users are pissed. The moons are down, the Fortnite tokens down as well. And it is down big, folks. I'm talking about a complete bear market retracement in one hour. It was insane. Also, we're going to talk about Bitcoin. We're going to talk about X slash Twitter. We might mention Sam Bankman, Fried's father. We got some interesting info on that. Also ZK roll up, ZK sync stuff. A lot of people really love it. And last but not least, we have SWE and ETH we're going to talk about. But Kelly, how are you doing today? I'm doing good. I'm feeling charged up, sleeping well. Got a big trip planned tomorrow with TJ. Got some big things in the work for BitLab. But you know what? I'm ready to dive into the stories and the charts. We got a lot to talk about today. Let's give it to the people. All right, folks, make sure you follow us on YouTube. We're putting out a lot of great content now. Let's just look at the crypto market cap here. Crypto markets. How are things moving? Let's see here. We're going to move a little bit over here. All right. We can we have to fix that. Maybe I can move it just a smidgen to the downside. Right there. All right. So you can see the crypto market cap is up 0 .2%, 24 -hour volume is down a little bit. Now we're down to $39 billion Bitcoin dominance coming in at 49 .1 and gas is literally exactly where it was yesterday. Yesterday, it was 18 Gwei as well. All right. So Bitcoin is largely flat, folks. It is down, but it's only down 0 .1 % is still coming in at above $28 ,000. $28 ETH, ,300 Bitcoin down 0 .1 ETH up 0 .2%. You can see ETH is up a little bit still coming in below $1 ,600, however, is now coming in at $1 ,577. BNB is up half a point, but really everything is flat till you go to TonCoin. TonCoin's moving a little bit. It's moving about 2 .5%. But let's see the exciting coins. Okay. That's all boring. I need something to excite me. I need some juicy candles, hopefully double digits, right? Do we get that? Not quite. Not quite. It's Trust Wallet. Trust Wallet's up 8 .1 % here. It is up 15 % for the week. Bitcoin SV, BSV is up 5 .4%, but look at that weekly gain. It is up 26 % this week. Then we have Stacks Hedera, Synthetix, Chili's, Injective, TonCoin, eCash, Render, Tron, GMX. So then outside of the top 10, we have Apecoin in there because these, you can't have any winners today. All right. Let's look at the losers. I got a streak going. I think it's about 200 days. Oh, man. Here it is. 201 days. Number one loser of the day is RollBitCoin, RLB is down. You know, it's funny. Yesterday, I actually, because I don't always say it, I said, oh, I should take profits on it. I feel like today I will take profits. You get a little busy? I got a little busy. I got a little busy. I'm working on this Larry Fink script, guys. You guys are really going to like it. If you like the Joe Rogan one, it's going to be in a similar style. So I think a lot of people like the Joe Rogan one. All right. RLB, RollBitCoin, the gambling casino coin is down 4 .6%. You think it would have got extra attention with the Cointelegraph news, right? A lot of people are like, oh, leverage trading. Okay, let me go check out the site. Now, the token's down a little bit. Conflux is also down. Frax is down 3 .6%. We have Clayton down 3 .3. We have OKB, Caspa. Caspa's down. Okay. Maybe a little Caspa opportunity for myself here. However, still in the green for the week. It is up 7 .7%. Immutable X, Algorand. People are talking about Algorand. New lows here for Algorand, right? New lows. Everybody who's bought Algorand is literally in a loss right now, right? If I'm not mistaken. This is a dangerous thing to do. Let's go to Max. Yeah. So the Max is, the line's almost too flat, but if you look here, yeah, it is the lowest it has been. I mean, maybe it was a little bit of a brief September. So if we go to the 90 day, okay. Alright, so there's 17 people who bought in a two -hour window. They're in the green, folks. They're in the green. But everybody else except for those 17 people, they are in a loss right now. It's more than 17 people, folks. Timing is everything. Timing is everything. Yeah. Looking at the chart, it's not looking good. But it does seem like it likes, it's almost like a magnet to that 10 cents. So I mean, if, hey, if I was a spec trader, no, I wouldn't hate spec trading this coming in at 9 cents and jumping out at 10. And that's an 11 % gain for the normal people. That what's their beat. That gets them excited. Me, it's nothing. Hey, it's coming into a pretty tight range. So I have the algorithm chart up here, massive, massive falling wedge. I mean, look at this coming right into the apex area. Will it break down or break up? You know, interestingly, not things they don't always have to break up. We saw that on gold broke down from the falling wedge and then came up. So I don't want you to look at this, say, well, everybody says a falling wedge is a bullish pattern. It has to break up. It very well could, you know, wash some people out. So trade carefully. I do think there's a possibly even some better prices in store and I'm still like an algorithm for the next bull run. All right. So you get a hundred algorithm for $9 that means you can get a thousand for under a hundred bucks. So if you want to scoop a thousand of a coin for under a hundred bucks, maybe algorithm could be a choice though. I do have to do some DC ang here. I heard a good investment thesis. I'll have to, maybe I'll type some in at the end so I can remember. I'm going to share my investment thesis on what I might buy next. And the reason why I'm just going to have a, I'm a whisper, a word, black rock. And so I think it might pump this thing. So I'll, I'll share that at the end. I am going to do a DC a last week. It was boring. It was East this time. It's a little bit more speculative. So maybe, maybe we'll maybe you guys can make fun of me or agree with me. Of course. No, no, no. It's not that. All right, folks. If you want to get some merch, we got pretty cool merch here. What's the come and take it. I like that. I wear that shirt yesterday. It's a great one. All right. So this is brand new. Yeah. It fits good. Morel is crushing it. It's killing it with the merch. Yeah. Morel's the one who made that nice XRP hoodie. Crypto blood is not a fan of this clothing right here, but I think this thing looks awesome. All right. Let's also give a quick shout out to link to, we want to give them a quick shout out to, because we're talking about the ripple IPO yesterday with around the blockchain. So if you want to check that out and hey, we give you a quick shout on how maybe link to can get you in on that ripple IPO, but now it is time for the top story. We do. I do want to shout out a comment DCA and pray, Hey, you guys remove the random are at the top of the rundown. R I P random are R I P random. Are you ready to get this going? I am ready to get this going. Let's speaking of our, it was a segue. I don't know. It wasn't. I'm just making it up now. Reddit, Reddit rug pulled everybody and people are feeling regarded. Actually they're not feeling regarded. They're feeling ridiculous. Here. Reddit is killing blockchain based community points. Morgan sung. Uh, I did a quick short on it. Maybe I can, uh, we'll, we'll play the short real quick. And then, uh, then we'll get into the articles. This is 30 seconds here, folks.
A highlight from BlackRock: Bitcoin is BETTER than Fiat Currency | EP 847
"It's all going to zero against Bitcoin. It's going up for everyone. Bitcoin! You're against Bitcoin, you're against freedom. Yo, welcome to another episode of Simply Bitcoin Live, we're your number one source for the peaceful Bitcoin revolution because of breaking news called Traumatic Warfare. We will be your guide through the separation of money and state. Larry Fink, the CEO of BlackRock, the largest asset manager in the world. It's like last time I tagged $8 trillion, $8 trillion assets under management. That is an absolutely astronomical number. Of course, you know, there is the whole Cointelegraph debacle that happened yesterday. They released a tweet that made the price pump like 10%. Larry Fink later had an interview on Fox Business. He was addressing it, Cointelegraph walked it back. A lot of people got liquidated. Did a Cointelegraph have some insiders making some money? I don't know. But the most important part of the interview yesterday, I think, was with Larry Fink was admitting on legacy corporate media, which is why it's so significant. Bitcoin. Bitcoin is the real deal. Bitcoin is better than fiat currencies. Bitcoin is superior. That's the signal right there. When you have the CEO, the leader of one of the, not one, the largest asset manager in the world. You guys have to understand every Fortune 500 company, the biggest shareholder, more than likely than not, is Vanguard and BlackRock. They essentially own the world. They really do. That's why they have so much influence. That's why they have so much political influence. So the fact that it's this guy saying that is a really, really big deal. Back in 2018, one of the coping narratives that we used when, you know, the price of Bitcoin was going down and whatnot was the institutions are coming. That was one of the narratives. The institutions are coming. They never came. But without a shadow of a doubt, the institutions are here and they have tremendous interest. And I think that's going to play a major part in the next Bitcoin cycle rally, whenever it takes place. Another thing that I wanted to mention also is that ARK Investments, Cathie Wood, she went on Natalie Burnell's podcast, which is a fabulous podcast called Coin Stories. And she was talking about her prediction, her price prediction of 2030, right? And there's three price predictions that she has. We'll break it down for you guys and we'll break down the data, why she believes it's there. But one of those, also the other things that was mentioned, that was being talked about on Twitter. And the reason I want to mention this is because it's not coming from simply Bitcoin. This this conclusion, it's coming from other people, which is the idea that the SEC's lack of approval of a Bitcoin ETF is politically motivated. I think it's incredibly obvious by now. You know, we had we had the privilege of having Caitlin Long on the show. Caitlin Long was launching a Bitcoin and altcoin bank in the great state of Wyoming, and she was applying for a federal banking charter and that would make her competitive with the other banks. And not only did the Federal Reserve slow walker, usually the approval process takes about two weeks, but it took about a year or so. It was eventually denied that that federal banking charter. And the denial came, coincidentally, of course, a couple of weeks before the Federal Reserve themselves launched the Fed now, which, in my opinion, is the introduction of the American version of the central bank digital currency. Right. So, again, lots of coincidences. And this leads to a very important question, my last point before I bring up my awesome co -host and our guest for today, which is the people that are tasked to regulate Bitcoin are also people that work in government. So they're also people that have the most to lose if Bitcoin succeeds, because a lot of their power, a lot of their wealth comes from the power of the money printer. It's not a coincidence that Washington, D .C. is one of the richest in terms of the suburbs. Some of the richest suburbs on planet Earth are in Washington, D .C. Why is that? Right. It's not a, you know, an economically productive place. It's not like companies headquartered in Washington. It's the seat of government. Why is where the the seat of government? Why is where the capital or the seat of government, one of the most powerful governments in the world? Why is it so wealthy? Why are the suburbs so wealthy? What's going on there? That doesn't make sense. The government doesn't really make anything. So anyways, this is a separation of money and say exciting show. We got a bunch of clips for you guys. I want to bring up my legendary co -host, always optimistic. He is smiling. He's giggling. Well, you're cracking me up, bro. You're kind of like the rhetorical questions at the end. Opti is himself today. How are you doing, bro? Can you update us? Are you and Chrissy talking? No, she blocked my number. Unfortunately, I can't get close to the money printer. You know, I think I've said it before on the show. Not the first time my number has been blocked, but hey, it is what it is. You know, I can't complain. Anyways, anyways, being a little more serious, Nico, I think one of the more interesting of aspects yesterday's scam wick is that the Bitcoin price is still holding up pretty strong above 28K. So I think when you hear this video, I only heard a snippet of it. You'll start to realize why it is such an important take. And then on the last note about ARK and, you know, the Spot Bitcoin ETF. Today is a day where the SEC will have to make a decision on three Spot Bitcoin ETF deadlines. So I'm sure by the end of the day, we'll get some more news, whether we get a denial or an acceptance, I'm leaning more denial. But it's still an interesting day to be talking about this stuff, because there will be some more news coming out later today. So love to see it. It's almost a coincidences or what do we say? There's no coincidence, no conspiracies. Yeah, exactly. Anyways, anyway, it's not my line, but anyway, a really good line. Guys, if you are enjoying the show, make sure to smash that like button. Help us break 100 likes within the first hour. If you're watching us on Rumble, we appreciate you guys. If you're watching us on Twitter, we appreciate you guys as well. All right. No more delay. I want to bring on Michael Jordan himself. We have him in the house. How you doing, sir? Ulrich? Appreciate you, bro. Thank you for coming on the show. You know, if you guys really want to compliment me, you would get me one of those represent hats that are allegedly. Oh, my goodness. Hey, I saw Dale walking around with that at Pacific Bitcoin. And I just felt all see I'm leaving right now. That's not even it was this on cue. I didn't even tell you this story. Whatever. It's nice to be here. Good to have you all right. I know. I know. We had the conversation and everyone in the chat is going to troll me all day. I will get you guys working and we are working on the hats. We're going to get Sir Ulrich a hat, the Michael Jordan of Bitcoin. This guy absolutely slays it on the court. But yeah, man, it's going to be a great show. What are you going to be talking about during the culture segment? Oh, well, is that the prize? Yeah, that's the prize. Let's make that. Let's make that full screen. We got the trophy. Oh, all right. Sir Ulrich himself coming in for the win. Yeah. So so for today's culture, Ulrich hit me up about, I don't know, like a week or two ago wanting to drop an article for us. And it is on Javier Millet. And he wanted to come on the show when we dropped it. So we coordinated so that when I released it Ulrich's on the show and we had to make sure that we had this conversation before the presidential elections that are happening in Argentina at the end of the week. So we're doing it all today, guys. I am sure you guys are going to like this one. Ulrich killed it on this article, and I'm excited to just dive into it and have this conversation and pick his brain a little more. So culture on what's happening in Argentina, it's going to be a good one. So we talked about it yesterday update on what happened yesterday. More context, more information. Wow. We did not plan this. It just happened coincidentally, huh? That's what I was watching. You guys with Terrence, by the way, a great show yesterday. And I'm like, are you got Nico stealing all my talking points? I mean, I have a few tidbits to add. It was it was a great lead. And I think that as Bitcoin being an international standard, you know, these are the type of topics you guys have been on. Joe Rogan for a few episodes. You've got you guys talked about Tucker Carlson for several episodes in the past. Hobby or Malay is a topic that should be repeated over and over again because it's impacting the world around us. Bitcoin is more than just the United States. It's a global movement. Yeah, it's a it's a global phenomenon. And I, you know, and I'm sure you're going to go much deeper into the weeds than we did yesterday. But the the you know, the pushback from the administrative state, the the unelected bureaucracy that benefits from the money printer, which is why they're using lawfare, which is why, you know, they're saying, oh, we're going to get rid of income taxes all of a sudden. Right. It's like that. What you're seeing is the bureaucracy fighting to maintain that privilege of being able to create money for free at the expense of everyone else. That's what you're seeing. It's it's like an a it's it's an immune response. Right. But but yeah, what's happening in Argentina is fascinating. And I truly believe that this is the beginning of a worldwide movement, the the likes of which the world has never seen before. I think we're heading into uncharted territory. We've been in times where the money breaks before this has happened many times throughout human history. What is different this time is the Internet. The Internet has given us the ability to communicate instantaneously over vast vast over distances, peer to peer. Right. The rise of social media and then Bitcoin, which allows people to choose their money, the money that they want to use. And that kind of creates competition, so to speak. Right. So and this was all predicted back in the 90s in the book, The Sovereign Individual. So, yeah, I agree. This is a worldwide phenomenon. What's happening? So many pieces are happening. But the way that we say it in the beginning of so many moving pieces, but the way that we say it in the beginning of the show, this is the separation of money and say this is what we're living through. This is what is happening. This is our moment in time. And you got to ask yourself as an individual, what side do you want to be on? Do you want to be on the side of fiat, the side of CBDC, the side of slavery control, central bank, digital currencies, the party of green? Or do you want to be on the party of orange, the party of Bitcoin, the party of peace, Bitcoin, prosperity, all of that good stuff? You got to decide. Anyways, everybody, let's get to the numbers.
A highlight from Megan Basham
"Welcome to The Eric Metaxas Show. Do you like your gravy thick and rich and loaded with creamy mushrooms? If no one was looking, would you chug the whole gravy boat? Chug, chug, chug, chug. Stay tuned. Here comes Mr. Juggalug himself, Eric Metaxas. Folks, welcome to the program. This is hour one. That would be the first hour if you're scoring at home. Hour two will probably come next. In hour one today, which is to say right now, I'm going to be talking, I'm already talking, to Megan Basham with The Daily Wire. Megan Basham, welcome back. Thanks for having me. It's always great to be here. Well, it's a great sacrifice because you have so little to say, but as a friend, I just feel I want to help you out. In all seriousness, you have written an article for The Daily Wire about something that I've been very, very, very concerned with. I've talked about it on the program. Christianity Today, which was once this flagship magazine founded by Billy Graham and yada, yada, yada, has gone over to the dark side. That's obvious. Not enough people know that. But you, Megan Basham, a journalist, an actual journalist in a world where there are very few, have given us now in this article at Daily Wire chapter and verse on how it is that Today Christianity demonstrably is pro -abortion, pro -LGBTQ, yada, yada, yada rights, the kind of stuff that you can't make up. I hardly know how to take it in. It's very disturbing, actually, to me. It's very upsetting to me. I'm not happy about this. They hired Russell Moore as their editor -in -chief, which is bad enough for many reasons. But the idea that they've been giving political contributions exclusively to pro -abortion Democrats, it's the kind of thing that you'd make it up and no one would believe you. You have done the research. You have written the article at Daily Wire. So tell us, first of all, what prompted you to do this investigation and to get the goods? Well, you know, I think like you, a lot of people noticed that really in the last decade, but it ramped up in the last few years, there's been a significant shift in the kind of coverage that Christianity Today offers. A lot of people had said, why do they so often seem to be towing the progressive line? In fact, I got a text from my childhood pastor some months ago who, you know, doesn't really pay attention, but he grew up with Christianity Today. He's retired now. But when he was a pastor, he read it regularly and he asked me, what's happening here? Is Christianity Today going woke? And of course, you know, everybody sort of has that sense, but it's different to have the sense and then to see hard receipts. And, you know, that's what I do as a journalist, ideal in receipts. So it just sort of struck me one of the ways that, of course, Jesus tells us, how do we know where people's hearts are? It's where their treasure is. So I decided to do a little digging into where their political donations were going, if they had any. And just as an aside, they really shouldn't have any. They brand themselves as sort of politically neutral, simply based on they follow biblical principles, but they're not politically biased. So they, of all news outlets, should follow the Society of Professional Journalists standards, which says reporters, editorial staff, I mean, really, some of the stricter news outlets won't let anyone who works for a news outlet donate to political candidates. So they were not only flouting that, but obviously CEO Timothy Dalrymple has been giving to pro -abortion, pro -LGBTQ Democrats. But even more significantly, arguably, news editor Daniel Silliman. So he oversees all of the political coverage. He writes a lot of political coverage. He conducts interviews with political actors. Well, he was especially making these donations. So he made five donations to various Democrats, including Elizabeth Warren, for her presidential campaign. For those who don't remember, Elizabeth Warren promised to attempt to shut down crisis pregnancy centers all over the country. Eric, you just told me before we came on here that you were just speaking at a crisis pregnancy center. So imagine what kind of politico it takes to want to shut down the tremendous biblical work that they're doing. So that's the kind of candidates that they were donating to. So I think it's one thing to have a sense of it. It's another thing to see the receipts. Those are pretty undeniable. Again, you know, I said that Christianity today was, you know, well, pro -Democrat, pro -LGBTQ rights, pro -abortion. Maybe that's not exactly true. In other words, what I really meant was that if you're reading it, you would get the impression that they're leaning that way. But then you tell us that there's a public record when people give to political candidates. Let's look at this. They're not supposed to give to political candidates if they're in the news business. But it turns out that the news editor that you mentioned, Daniel Silliman, Daniel Silliman, and the CEO and President Timothy Dalrymple, they have given political contributions 100 % to Democrat candidates, zero to GOP. The candidates are not moderate. No, they're not. And I'll say, you know, I asked Timothy Dalrymple about this. When I had originally begun searching this, the donations for 2023 weren't out yet. He pointed out that, wait, wait, wait, we do have one. In April of 2023, a new hire on the donor relations team did make a single general PAC contribution to Republicans, but it was one over, you know, 10 years and 70 years. What are donations? Yeah, that's what I'm saying. So this is so astonishing. This is where you have the receipts and you say, let's see. You just said, quoting Jesus, where your heart is, there your treasure is, where your treasure is, there your heart is. Okay, let's see, where have they been giving? So now this is Christianity Today. And I want to be clear, folks. This breaks my heart because this was the magazine. Chuck Colson had a column in Christianity Today. It was the kind of thing that I looked forward to getting. And over the years it changed. I remember, I think I've said this on the air, that I noticed, you know, when I was like, you know, the flavor of the year with my Bonhoeffer book, you know, every evangelical, you know, wanted to get me as a speaker or whatever. In 2016, when I came out for the GOP candidate, Donald Trump, something shifted. And when my Luther biography came out, 450 page biography of Martin Luther, full page review in the New York Times, right? You know, like a really mainstream biography by a mainstream biographer of the former, the Bonhoeffer book. Christianity Today didn't write one word, didn't even mention that I had written this book on the 500th anniversary of the reformation. And I thought, this is not good. What has happened to Christianity Today that they, I guess, hate Trump so much or have finally veered leftward so dramatically that they can't even do the plausible thing. The normal thing would be to write, you know, some kind of review or mention of the book, not because I wrote it, but because, you know, the guy who wrote the big Bonhoeffer book that everybody's talking about has come out with a new biography on the 500th anniversary, you know, Martin Luther, not an obscure figure, but not one word. That's when I realized in 2017, I thought, wow, this is not the magazine it used to be. This is not a mainstream Christian publication. They have gone over to the dark side. And now because of your journalism, Megan Basham, we have the receipts. It's an amazing thing. It's an amazing thing. And I am so glad that you've written about it. The article is at the Daily Wire. What else do we know? I what do they say? Yeah. And you know, I think that that is a really good point that you don't always know specifically what they're doing and what they're covering. It's also what they're not covering. So a couple of years, Mark Galley, the outgoing editor in chief who Russell Moore replaced actually wrote an article, which I think he later took down where he talked about the fact that, yeah, we claim to be sort of neutral on some of these questions that touch on politics, but you'll notice what we don't cover. And he specifically said, you know, the editorial staff gets so excited when they're positively noticed by the New York Times or the Washington Post. So I definitely think that's shifting them. But he also said, look, we choose not to cover certain things. So our silence also speaks. And I think, you know, you just illustrated that very well. Why would they not cover your book, given your stature in Christian media, given the, you know, subject matter of the book? It was so bizarre to me that I kind of thought, this is really bizarre. Not literally, not a word, not one word. I thought, what's going on? Well, when we come back, we'll find out more. What's going on? Talking to Megan Basham with The Daily Wire. Don't go away.
Monitor Show 18:00 10-11-2023 18:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context, and context changes everything. Go to Bloomberg .com to get context. It's a short squeeze, I think, in the bond market this week. All right, Carol Masser, Tim Stenovick, they'll return tomorrow live from Bloomberg Screen Time in Los Angeles, but that does it for Bloomberg Business Week. I'm Jess Mitten and Molly Smith. Bloomberg Daybreak Asia starts right now. Israel forms a rare emergency government for war against Hamas. And markets eye a key U .S. inflation report for clues on the Fed's next move. The House works on getting Scalise elected speaker. Twenty Republicans still don't support him. U .S. President Joe Biden says without Israel, Jews are not safe worldwide. This while Israelis mostly hunker down at home. I'm Ed Baxter with Global News. Is Chelsea looking to spend big money on an Applebee star? I'm Dan Schwartzman. And I'll have that story and more coming up in Bloomberg Sports. That's all straight ahead on Bloomberg Daybreak Asia. On Bloomberg 1130 New York, Bloomberg 99 .1 Washington D .C., Bloomberg 106 .1 Boston, Bloomberg 960 San Francisco, Sirius XM 119, and around the world on BloombergRadio .com and via the Bloomberg Business app. Hi, everybody. Just getting started. First hour of the program. A very good morning.
A highlight from 1425: Bitcoin ETF Will Send BTC to $1,500,000 - Cathie Wood
"Say goodbye to your credit card rewards. Big -box retailers led by Walmart and Target are pushing for a bill in Congress to take away your hard -earned cash back and travel points to line their pockets. Senate Bill 1838 would enact harmful credit card routing mandates that would end credit card rewards as we know it. If you love your credit card rewards, visit HandsOffMyRewards .com and tell them to oppose credit card routing legislation paid for by the Electronic Payments Coalition. And here's your prescription. I know just the pharmacy to get this filled. Who are you? A pharmacy benefit manager. A middleman your insurer uses to decide which medicines you can get, what you pay, and sometimes even which pharmacy you should go to. Why can't I go to a pharmacy in my neighborhood? Because I make more money when you go to a pharmacy I own. No one should stand between you and your medicine. Visit PHRMA .org slash middleman to learn more. Paid for by pharma. In today's show I'll be breaking down the latest technical analysis as Bitcoin circles around $28 ,000. I'm also going to be sharing with you a $41 ,000 intermediate target for the king crypto and quoting Max Keiser, war mongers can't confiscate your Bitcoin and buy guns and kill people with it preach. He also says that no nation once adopting Bitcoin as a legal tender has ever gone to war. If you want peace, go Bitcoin. Fiat money always leads to war and violence, capiche, unconfiscatable Bitcoin monetizes peace and love. Also in today's show pro XRP lawyer John Deaton slams Sam Bankman -Fried sympathizers. We'll also be discussing Bitcoin about to head north as several indicators are lining up for the king crypto according to top crypto analysts. I'm also going to be sharing with you Max Keiser's $220 ,000 short -term Bitcoin price prediction. I'm also going to be sharing Arthur Hayes. He says that AI, artificial intelligence and historic money printing will create the most epic bull market for crypto. In fact he's predicting a $750 ,000 to $1 million Bitcoin price by the year 2026. I'm also going to be sharing with you Kathy Wood of ARK Invest. She says the odds are she also says she is confident in the Bitcoin price reaching $1 .5 million per BTC. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost a video show so if you want the full premium experience with video visit my youtube channel at Cryptonewsalerts .net. Again that's Cryptonewsalerts .net. Welcome everyone happy Sunday today is October 8 2023. I'm your host JV and this is podcast episode number 1425. We have lots to discuss so without further ado let's dive into today's Bitcoin market watch. As you can see here on coin 360 many of the top cryptos are correcting and in the red including Bitcoin hovering just under 28 ,000 along with BNB XRP and Cardano while Ethereum and Solana are breaking out but barely in the green and checking out coinmarketcap .com the current crypto market cap sits at 1 .09 trillion dollars with roughly 17 and a half billion in volume at the past 24 hours Bitcoin dominance still on the climb on the cusp of hitting 50 % we're literally at 49 .9 % according to coin market cap with the ether dominance which has been on the decline at 18 percent even how high do you think this Bitcoin dominance is likely to climb against the altcoin market for this cycle please let me know in the chat and at the end of the show I'll read everyone's comments out loud and checking out the top 100 crypto gainers at the past 24 hours we got basic attention token leading the pack of 5 % trading above 18 cents followed by Lido Dow up 3 % trading at a dollar 61 followed by Clayton up 3 % trading just north of 12 cents and checking out the top 100 crypto gainers for the past week you can see we got to see a green but also a mixture of bloodshed we got Lido Dow and clay look like to be the top gainers for the week and checking out the crypto greed and fear index we're dead in the middle with a 50 which is neutral yesterday was a 49 last week a 48 and last month a 46 in fear so there you have it fam how many of you are bullish for the king crypto now that we're in October let me know in the comments below and now let's dive into our Bitcoin technical analysis as we do each and each and every day here on the channel let's break this baby down Bitcoin kept up renewed pressure on $28 ,000 into the October 8th weekly close as geopolitical uncertainty entered the traders radar here you're looking at the Bitcoin one -hour candle chart data from Cointelegraph and trading view showed Bitcoin price performance avoiding a downside of volatility over the weekend we had Bitcoin slash USD recovering from a snap retest of 27 ,000 a couple of days ago on October 6 thanks to the surprise United States employment data which diverged policy tweaks by the Federal Reserve now the 28 ,000 resistance formed the main point of interest for market participants going into the new week and in the lower timeframes analysis of exchange order books popular trader skew said the major bidding power was still required in order to flip $28 ,000 into support quitting the analysts here so on the long timeframes we can see clearly the market is still trading 28 ,000 as resistance going to require a big spot buyer to crack that area in my opinion perps are shorting every low timeframe bounce into 28 ,000 as well say goodbye to your credit card rewards big -box retailers led by Walmart and your hard -earned cash back and travel points to line their pockets Senate Bill 1838 would enact harmful credit card routing mandates that would end credit card rewards as we know it if you love your credit card rewards visit hands off my rewards calm and tell them to oppose credit card routing legislation paid for by the electronic payments coalition and fellow trader Dan crypto trades caution the ongoing short Bitcoin should a sudden breakout occur as this might form the start of further upside quitting him here I will say that what Bitcoin sitting around this big 28 ,000 level which has the daily weekly 200 moving average sitting there I am personally not very keen on shorting any deviations above in the past we have often seen a weekend breakout at these kind of spots which tends to not retrace as easily as they otherwise would and we also have an accompanying chart showing around the CME price is best practiced during a ranging and choppy environment we are still in such an environment but that would likely change upon a strong break above this region hence me not being too eager to short immediately in case we'd see a weekend pump I also think you got to be crazy to be shorting Bitcoin at a time like this but that's just me now in the wake of new events in Israel others meanwhile flagged geopolitical instability as a potential Bitcoin price catalyst to come quoting crypto analyst me Cal van de pop now market perspective is going to be a volatile week my idea is that Bitcoin continues the upward grind and potentially reaches $30 ,000 as worldwide uncertainty grows and I am sure you have all seen the devastation of what's happening between Israel and Palestine right now van de pop previously forecasted a trip beyond the 30 ,000 mark in October traditionally Bitcoin strongest calendar month hence why we call it up tober yeah I mean and check out this analysis from Titan a crypto he says Bitcoin 41 ,000 intermediate target in play a bull flag is forming on the two -weekly chart if it were to play out it would catapult the Bitcoin price the $41 ,000 imagine the smell in an environment of gloom and doom announcements well we got to consider Bitcoin is on its own vector anything is possible the current high for this cycle I should say for this year thus far is just south of $32 ,000 I feel once we can recapture that we can head on up to 40 ,000 above and beyond now let's break down some information max Kaiser shared over on X which I'll read out loud here he wrote warmongers can't confiscate your Bitcoin and buy guns and kill people with it that's a fact max also says that no nation once adopting Bitcoin as the legal tender referring to El Salvador has ever gone to war if you want peace go Bitcoin Fiat money always leads to war and violence capisce on confiscate a bull Bitcoin monetizes peace and love facts so shut out to the high priest the Bitcoin max Kaiser so there you have it fam let me know how many of you are currently bullish on that King crypto and now let's break down our next story of the day and that's XRP pro attorney John SPF Deaton slamming sympathizers which is quite interesting as you know the ongoing lawsuit continues and trial in court with SPF attorney and crypto advocate John Deaton criticizes supporters of former C FTX CEO Bankman freed during his ongoing trial related to the crypto collapse FTX in a post Eaton says that those characterizing SPF as a well -intentioned individual who made errors are unfit to manage people's finances facts he suggested that such sympathizers should not be considered for interviews with prominent television shows like CBS's 60 minutes a divide has emerged within the crypto community with some deeply concerned about SPF's alleged investor fraud charges while others attempt to portray him positively in the media very interesting the same media that once called Bankman freed the Michael Jordan of crypto even after FTX is bankruptcy filing SPF continued to participate in interviews and was often depicted as a crypto hero sparking backlash from the web3 community here's the actual tweet from Deaton people who believe SPF fraud is a good guy who made mistakes and FTX grew too fast and it got away from him should never be in charge of other people's money and certainly should never be interviewed by 60 minutes or any other news outlets and yes his parents are 100 % complicit let me know if you agree or disagree with that statement by Deaton I agree 100 % I think his parents knows what's good FTX had successfully recovered over seven billion dollars worth of assets however there is a growing call for SPF his sentences to act as a deterrent for other industry innovators Deaton is also resolute and holding Joseph Bankman and Barbara freed SPF's parents accountable despite FTX's present leadership pursuing a legal case against them no regulatory agency has initiated legal action against SPF's parents I wonder why maybe they're all interconnected Deaton believes that Bankman and freed share full responsibility for their son's alleged crimes a view shared by others in the industry that's why I want to know your thoughts fam let me know in that chat and according to Bloomberg Stanford University decided to return the entirety of donations received by FTX amounting to roughly five point five million dollars and here's your you a pharmacy benefit manager a middleman your insurer uses to decide which medicines you can get what you pay and sometimes even which pharmacy you should go to why can't I go to a pharmacy in my neighborhood because I make more money when you go to a pharmacy I own no one should stand between you and your medicine visit ph RMA org slash middleman to learn more paid for by pharma and I read yesterday that Stephen Curry considered the greatest basketball player of our generation definitely the greatest shooter of all time he was paid he disclosed 35 million dollars from FTX to be an ambassador and in return all he had to do was put in 20 hours worth of promotion over the course of so many years so you can see they were handing out money hand over fist because they can print unlimited amounts of their scam token FTT so it's a damn tragedy we'll see how this plays out a big week ahead in the courts as Caroline Ellison is gonna be testifying against Bankman Freed and we know they also dated I think she is going to throw SPF under the bus because SPF already threw her and Gary Wang under the bus and just the other day Gary Wang also testified against Bankman Freed said he knew damn well what he was doing so there you have it fam how do you think it'll play out for SPF let me know in the comments right down below now let's discuss some more bullish technicals for the king crypto and why a bull run is amongst you know I mean the corner we're about the climb and go parabolic while he followed crypto analysts as the number of high time frame indicators are currently suggesting the bitcoins bear market is over in an expansion upward is imminent send it and let's go I also agree that we likely when we hit that bottom of fifteen thousand seven hundred in the fourth quarter of last year I felt like the bull market started and commenced since then and this year already we're up pretty substantially still up like I don't know something like 60 % or something like that so let's see if we continue to climb higher fam anyways anonymous analyst tech dev tells his followers that Bitcoin is in the same situation now which it was before the 2016 and 2020 bull market kicked off and how many of you were around for the 2016 and 2020 bull markets let me know fam tech dev shares a chart with the monthly candles Bollinger bands and an additional indicator showing the logarithmic width between the bands relative to the 200 months moving average the chart which you can see here in your screen appears to suggest the bitcoins Bollinger bands which measures the relative volatility compressed enough to foreshadow a likely breakout to the upside send it let's go quitting the analysts here what Bitcoin has looked like before heading north can you say deja vu you see those three yellow arrows on your screen you already know the closely followed analyst says that both Bitcoin and the altcoin market are simultaneously jockeying for breakouts he compares Bitcoin with others a chart that measures a market cap of all the crypto assets except for Bitcoin and aetherium and according to the trader Bitcoin established support at the beginning of the long -term bullish impulse while others have broken a downward resistance as outlined in these charts Bitcoin and alts are lining up let's go now earlier in the year tech dev said the Bitcoin had checked the three prong signal which proceeded each of bitcoins for all -time high runs so there you have it fam how many of you are anticipating a new all -time high for the king crypto let me know and how hot do you think we're likely to climb for this cycle peak next up we're gonna be discussing a prediction from the one and only high priest of Bitcoin and that's Max Kaiser projecting his short -term target for Bitcoin of 220 thousand dollars per coin let's break this down and again shut out to the one and only high priest max is a Bitcoin enthusiast and crypto advisor to the president of El Salvador Najee Bokele and recently made the bold prediction of where the Bitcoin price could be heading joining other experts and making some eye -popping guesses in the tweet made on X Kaiser confidently stated he thinks bitcoins price will go up a lot reaching an impressive two hundred and twenty thousand dollars per Bitcoin meanwhile his statement came after reading a CNBC article about the current financial market which is facing some challenges due to worries about the economy and rising prices however he didn't say exactly when this target will happen but eventually Kaiser has had been a big supporter of Bitcoin for quite some time in 2011 he called it the currency of the resistance and one of the biggest stories of the decade so he's ultimately been telling you to buy Bitcoin back since when it was like a dollar insane right how many millionaires are responsible for being created due to Max and Stacy in the Kaiser report let me know fam if you're one of them his recent prediction seems to be based on the idea that the central banks worldwide will print lots of money not surprising right leading to a massive increase in the supply of money that's where Bitcoin comes in it's seen as a way to protect your money from losing value when the prices go up that's right Bitcoin is the ultimate hedge against inflation so apparently not everyone agrees with Max's rosy outlook when it comes to the Bitcoin price action and inflation Nicholas Merton who I would consider a Bitcoin permeable and other experts so -called experts on crypto think the rise in prices could actually be a problem for BTC he suggests that people who control the money might need to do something about it like raising the interest rates which could make it harder for the Bitcoin price to go up we also have Bloomberg analyst Mike McGlone who has shared some concerns he says that if interest rates go up the Bitcoin price might go down and one last thing to keep in mind Bitcoin isn't all by itself it's connected to other things happening in the financial world and when big things happen in regular money or stocks it can affect Bitcoin too so even a Bitcoin is digital and fancy it's still a part of the bigger picture but if you actually do the math what's the alternative where can you park cash right now and not lose 20 % of its value due to inflation or hyper inflation the alternative is gold but gold is a terrible alternative because the gold prices are also manipulated hence why JP Morgan Chase got caught spoofing the precious metal markets and had to pay north of a nine hundred million dollar fine they literally got caught with their hands in the cookie jar so you can't make this stuff up when do you feel that Max Kaiser's 220 ,000 Bitcoin price prediction is likely to come a reality let me know in the comments right down below now let's discuss a 750 to 1 million dollar price prediction and the latest from the bit max co -founder Arthur Hayes and then we'll dive into the latest from Kathy wood of ARK Invest and her one and a half million dollar price target and then we'll wrap up the show with our live Q &A as we do each and every day so here's the latest from Arthur Hayes he says that two key catalysts will spark an epic bull market for the digital asset industry how many of you are ready for this bull run fam make some noise in a new interview with crypto banter Hayes says that the commercialization of artificial intelligence better known as AI and historic money printing by the Federal Reserve better known as money printer go will lead to a massive bull run for the crypto assets quoting Arthur here so I had this thesis I presented at token called 2049 double happiness and it was all about the bull market we are about to experience that we're on the cusp of and it's a combination of the most amount of money ever printed in human history in a two to three year period and the commercialization of AI and how that relates to crypto as the most transformative technological development that has ever happened in human history these two things combined are going to produce the most epic bull market in crypto and just about everything else that's sort of a risky asset around the world and according to Arthur Hayes the economic powerhouses such as the US Europe and China are going to be issuing ridiculous amounts of debt which will work in the favor of digital assets quoting him again I did the research and to how much debt is actually going to be issued by the US China Europe and Japan and it surprised me to the upside it's just so ridiculous how much money is going to be printed over the next two to three years while the central banks try to save the government bond markets that I guess I am just so bullish on Bitcoin certain crypto stocks and so bearish on fiat just because there's going to be an umpteenth more trillions of dollars of it so there you have it fam let me know if you agree or disagree with Arthur Hayes and to watch this video he recently did in this interview check the show notes below the video in the description now let's dive a step deeper as he recently made a very bold prediction as well that the Bitcoin price is likely to soar up to as much as a million dollars within the next three years by the year 2026 that's right in a recent interview Arthur Hayes boldly projected the mind -boggling price range of a 750 to 1 million dollar Bitcoin price by the year 2026 known for his unapologetic and often controversial statements Hayes says once again he caught the attention of the crypto community and when asked about his rationale behind such a staggering forecast he confidently stated the following I think it'll be the biggest boom in financial markets we have ever seen in human history very bold words such a statement may sound hyperbolic to some but considering the meteoric rise Bitcoin over the past decade it is not entirely implausible fact from the bottom 14 years ago to the top of 69 ,000 Bitcoin already appreciated 69 million percent so let's not forget that Hayes pointed out the bitcoins limited supply cap to 21 million coins combined with increase in global demand will inevitably drive his price to unprecedented heights he emphasized that as more institutional investors and corporations enter the space the scarcity of Bitcoin will become even more pronounced leading to a surge and its valuation basic stock to flow supply demand and can you say supply shock incoming there's currently less than 2 million Bitcoin sitting on the exchanges and next year we have two major catalysts which we know are incoming Bitcoin having scheduled to take place in April of 2024 and also the approval of a spot Bitcoin ETF so let's freaking go and our next story that day with Kathy wood we're gonna be diving a little deeper into what that looks like and what it equates to for the price action now while some septics argue the bitcoins skeptics argue the bitcoins volatility and regulatory uncertainties could hinder the growth Hayes remains unfazed he believes that the crypto ecosystem matures and regulatory clarity improves Bitcoin will become a staple investment for retail and institutional investors and as the Bitcoin industry continues to evolve and gain mainstream recognition many experts and analysts have offered their projections for the future price of the crypto while authors projection of 750 thousand to 1 million dollars per Bitcoin by the time of 2026 has garnered attention it is essential to consider other general trends and projections in the industry one common trend that experts highlight is the increasing institutional adoption of Bitcoin over the past years major institutions like PayPal square and Tesla have embraced Bitcoin as the legitimate asset class this institutional interest has put as seen a significant driver for the Bitcoin price growth bringing in more liquidity and credibility to the market and of course we now have a dozen applications for major institutions for a spot Bitcoin ETF and another factor that experts consider on the ongoing narrative a Bitcoin is a store value against a hedge for inflation as governments worldwide continue to print fiat currencies at unprecedented rates many individuals and institutions see Bitcoin as a way to protect their wealth from the potential devaluation as Michael Saylor once called it the melting ice cube keeping your hard -earned cash in the bank is no different than watching a melting ice cube melt preach however it's important to note that projecting the Bitcoin price accurately is challenging due to various factors including market volatility regulatory developments technological advancements and macroeconomic conditions which all shape the crypto's future price trajectory therefore it is crucial to cautiously approach any price predictions and projections and consider multiple perspectives when making an investment decision so there you have it now let's break down our featured story of the day and the latest from Kathy wood of arc invest projecting the Bitcoin price is likely to hit one and break this baby down shall we welcome those just joining us and tuning in make sure to say hello in the live chat and at the end of the show I'll read everyone's comments out loud so as you can see here on your screen this is the one and only Kathy wood early Bitcoin adopter and very savvy investor and now u .s. base arc invest last month announced its entry into Europe and said the odds are going up that the Securities and Exchange Commission better known as the SEC will approve her firm's application for the spot Bitcoin ETF let's go now arc invest which last month announced it had acquired the UK base rise ETF to assist with its push into Europe filed an application with the US regulators in April to launch a spot Bitcoin ETF with Switzerland base 21 shares the SEC has yet to approve a string of spot Bitcoin ETF apps that it had received from asset managers including the likes of BlackRock the world's largest invest go fidelity and Vanek we're talking about behemoths last month the SEC delayed its decision on our spot Bitcoin ETF and now has until January 10th of next year to make up its mind quoting her here we're partnering with 21 shares in the United States hoping to launch a Bitcoin ETF and if it's ever approved by the SEC we think the odds are going to go up and that it will be approved wood said during a media a media call three days ago on October 5th the acquisition of rise which manages 450 million dollars across 11 European ETFs gives arc invest directly entry into the European market and a platform from which to launch and distribute products globally the deal which was brokered in just a few months also raised the prospect of arc launching crypto focused products over in Europe UK let's go in the US meanwhile Woods flagship 8 billion dollar arc innovation ETF includes coinbase and block amongst its top 10 holdings what is also one of the biggest Bitcoin champions let's go champs she has previously predicted the Bitcoin price can top 1 million dollars by 2030 and it's currently trading as we know just shy of 28 ,000 there are already several crypto exchange traded products on offering the European investors with firms such as wisdom tree fidelity invest going global X among some of the providers that offer them would say that any crypto focused products would probably see arc invest relying on their expertise a 21 shares rather than trying to create products from scratch however would said she did not anticipate any problems including indirect crypto plays within any product arc invest Europe might roll out in Europe quitting her here my senses there won't be any issue but we are still working through this with our partners who are speaking with the regulators now Stuart Forbes the co -founder of rise ETF said the firm was looking at arcs existing fun lineup into the u .s.
A highlight from Ep. 120 - Bands, Breakups and the Brilliance of 1986
"Well here we are episode 120 got a little emotional there on this episode I have the usual crew the wrecking to oh I like that I just made that up I have the usual crew of the wrecking to we're going to be talking about 1986 why am I doing all this yelling and extension of my voice by 86 is a good year it's one year from going in the military and meeting Todd Sockman on a lighter note it should be a good show so sit back relax enjoy 1986 the kofb studio presents milk rate and turntables a music discussion podcast hosted by Scott McLean now let's talk music enjoy the show thank you Amanda for that wonderful introduction as usual welcome back my friends to the show that never ends you know the name I'm not gonna say it welcome to the podcast we're streaming live right now over Facebook YouTube twitch Twitter D live or not Twitter X is anyone ever going to just call it X is that ever going to take hold or will it always be the artist formerly known as Twitter I don't know does it matter I don't think so in the big picture did it matter in 1986 when the when the Germans bombed Pearl Harbor no oh you know what this is a perfect opportunity to bring on the record to Mark Smith what where it looked what where is he what what's he what I in the party what what the hell just happened there hi well I had this big intro and you just like you know verbal warning time long show hey at least I'm lit real nice that's right you got a nice lighting I mean now lose back in France so he has to be subdued it's nighttime in Paris hey good evening patty she says you're on time this week that was I don't know it's Lou's fault last week I think maybe I don't know somebody's fault marks well drummer's fault yes it's just blaming on the drummer what am I apologizing for that you don't need to know I will say something was my fault oh wait my autographed port you could porcupine tree picture fell this week because that story you were telling Lou and I was you know what you're apologizing you know right into the penalty box there is no apologizing on this podcast there this is not a soft podcast this is a podcast where you speak your mind we don't self -censor on milk crates and turntables I won't show my scar definitely in the box then definitely in oh disturbing behavior yeah that that was in that even was evoked a comment on Twitter someone said it was one of the funniest stories they ever heard they even had the time they had the timestamp from like I was like one hour and 52 minutes to one hour and 57 minutes like funniest five minutes like that we're at almost at two hours at that point I know three hours mark didn't go to bed earlier than that but looking at looking at night in the events of 1986 we're definitely not doing a third three hour show tonight not a lot happened in in 1986 as far as like you know big things usually when I do these years when we do these years it it's a significant list of music events but this I looked I went whoa okay we'll be talking about movies that was a relatively peaceful year I guess yes for me I was concerned about graduating high school a year because I from going in the in the Air Force he failed Jim I graduated college that year and then I took the just another year off took from that point on so I had to I had to go to like I guess they call it summer school so they let me go to graduation but I didn't get a diploma because I was a couple credits short but I had it set up for the summer class thing and somebody that's my buddy good evening she says good afternoon so evidently she's in another time zone and y 'all y 'all is she in the south well she's in the south west you know but I know what she means I know what she means Tiffany's my buddy spent the day with her the other day on Tuesday and a big united mission united veterans conference of all these different non -for -profits that are helping veterans it's a great time a great time yeah and then at the end Tiffany and I stole sandwiches I'm just saying it wasn't me wasn't my idea it wasn't my idea so everybody leaves and they had the mission united their form of the United Way she says no just working a different intern internal time clock that's a busy girl she is a busy girl but back to the story so Tiffany I would like the last ones to leave the conference the guy that was running it he's a buddy of mine from mission united he's talking to some people so he had kept saying throughout the comments eat the food because the whole back table was just all you know sandwiches and mac salads and desserts and drinks and he's yeah it's a lot of food over there that's it yeah it is she says well so well it's just I'm gonna get some I said you're the same okay I'm with you I'm with you right so you're over and she takes to get some plate she gets in the sandwiches were like mini subs okay she said oh my god my 95 year old grandma would have killed me if I let them throw it away you're not getting out of this one that easy Tiffany no no that's a deflection she says yeah well she did say can't let good food go to waste so she did say that right so she gets a salmon they were like two they were like good like eating subs right and they were cut in half with a big toothpick she gets one I said well I don't really too you need to one for me one for dr.
"at least one hour" Discussed on Bloomberg Radio New York
"On the road at the Ashgroves Braves hosting the Phillies and the Diamondbacks are in LA facing the Dodgers I'm Dan Schwartzman that's your Bloomberg World Sports update back to you Brian alright thanks very much Dan the time 17 minutes before the top of the hour let's get to Michael McKee Bloomberg International Economics and policy correspondent to preview the non -farm payrolls report coming out to tonight our time rich and I'll have to leave the bars early to to get that crucial information Michael shed some light on what we're expecting well I'll call you guys so you don't have to leave the bars thank you what we're looking forward to a slight drop in the number of jobs created to 170 ,000 from 187 ,000 but that's still well above the level the Fed thinks would be neutral for the economy just absorbing new entrance to the workforce and so it still would suggest that we have a relatively tight labor market unemployment is expected to fall to 3 .7 percent from 3 .8 percent it went up three tenths percent of a last month because a lot of people over 700 ,000 entered the labor force and that's not expected to repeat and we're looking at for a three -tenths percent gain average in hourly earnings on the month which would leave the year over a year number at 4 .3 percent that's still higher than the Fed wants but would suggest that maybe there's progress being made so all in all still a fairly strong report okay Mike you look at that and then we've had series of other bits and bobs of employment information as well in the shape of initial jobless claims and we've also got that ADB report as do well they point in any way because they were seemingly a bit contradictory they were a bit contradictory one the fact about the ADB report besides the fact that nobody believes it's accurate or at least that it will match up with the non -farm payrolls numbers is that it found only 89 ,000 jobs and for the last five months it has overstated the number of private sector jobs in the US so it could be that if ADB is accurate we get a disappointing report but most people are going with the idea that we're going to get a stronger than expected report and Wall Street is leaning strongly at this point towards a better than expected number as I mentioned we had consensus forecast of 170 ,000 but the whisper number on Wall Street is ,000 at 190 so traders are thinking we're going to get a pretty good number and it'll interesting be to see how the bond markets in particular react if we get a surprise just one way or the other and a couple of interesting little tidbits as part of the report that we actually had a net ad in from jobs the labor strikes so you can speak for a moment on that and also that we had some extra jobs created by a couple of massive concert tours. Well, there's a dispute about the concert tours part whether those people would been have doing something else at the same time if not working at those concerts they might have worked at other concerts or they might have sold hot dogs at a baseball game or something like that so we're not really sure if that's going to play out or not but you're right about the strikes the UAW strike the auto workers started at the very end of the reference week so all those workers worked at least one hour for pay during the pay period in September and that's all that be counted on the as employed so they won't show up in the numbers the writers Hollywood will show up in the numbers they did show up in August so it won't be a one month drop but it'll mean fewer people overall working even though that strike has been settled so it's kind of a little bit of one less of the other it'll October be before we see the real impact of the auto workers. Tell me something, just moving this and broadening it out a bit Mike, you know I was looking yesterday at gasoline Selene futures and if we have a look at demand and the demand equation here, now the four -week average of implied gasoline demand fell to the lowest level in 25 years for this time of year, I should add that as a caveat here, and you know we've got these lower prices. The thing is why is demand plunged so sharply and have drivers just decided to stay at home is one part of the question because the other part and is you know we'll get these retail sales numbers for September and they should be soft given the fact that the demand for gasoline drops so sharply that retail less autos and gas stations also should be soft if of course if you're not driving you're not at a mall or a restaurant. Well that's true you could be ordering online so I suppose some of that money could go to that. I don't really know why I the drop in driving and gasoline demand has been so steep at this time of year as you note we we do see a decline people have gone back to school in the United States and so they're not going on vacation anymore they're not driving as much as they used to but I've also I also understand from the people who follow these things that these weekly numbers are not always accurate as as the monthly numbers and if we wait till the end of October we'll get a much better view on what gasoline demand was but the important thing is the gasoline prices have fallen a lot yes we have to money spend I wanted to ask you about that you know the drop in oil prices and the drop in gasoline prices with yields coming down as well does that slightly change the thinking at the Fed? it's not going to change the thinking of the Fed because gasoline prices never really went up in tandem with oil prices and there's nothing they can do about either one the thing that they watch for is whether or not inflation expectations start to rise whether people think inflation's going to get worse because gasoline gasoline prices are rising and there's no evidence of that alright Michael thank you very much for joining us Michael McKee Bloomberg International Economics and Policy correspondent did have a drop in yields the tenure down to point 4 seven one percent and the two -year here at five point zero one are you when you get your news from bloomberg you just get the story you get the story behind the story how your EVs battery may not be as green as it seems why a decrease in global birth rates could send countries scrambling to increase immigration you get context context changes how you see things how you change things because context changes everything go to bloomberg dot com to get context together we have the opportunity to build a more sustainable and inclusive future at the bloomberg new economy forum we help make this possibility a reality by cultivating new connections
"at least one hour" Discussed on Tech Path Crypto
"Let's get into some XRP news today and talk about the SEC taking another black eye. These guys are taking round after round from the judge, and it's going to be an interesting one for sure. You don't want to miss this show. All right, my name is Paul Baron. Welcome back into Tech Path. Let's get into it. A couple of topics that we'll break down from the judge, but also the kind of impact this could have for the overall crypto markets, even the Coinbase case. We'll give you guys kind of a rundown. One thing I do want to do is thank our sponsor, and that's iTrust Capital. If you guys are looking at going into long-term investing into crypto IRAs, this is one of the vehicles you can use, and it's very simple to do it. Easy to start up, there's no monthly fees, and all you have to do is you can do your own self-directed trading. So if you want to get into XRP or others, you can do that right here within the iTrust Capital IRA. Very easy to join, and you'd be joining another 200,000 accounts that have already created IRAs there with iTrust. So check the link down below. You get a $100 funding reward if you decide to do something there. Helps our channel out. Appreciate that. All right, so let's get into a couple things here. I want to go over to the PDF here. This is the judge response, and there's a few points. I'm going to kind of zoom in on this a little bit for you guys. There's a few spots in here. There's going to be a lot of scrolling, but the point is we're going to get to a couple of points here. I want to go down here to page five. All right, so let's get into this. First, SEC has not presented a pure question of law. This is one of the things that the judge has already pretty much put in in the judgment on the first ruling, and of course, kind of them just saying, hey, this is, you're still in the same position here. In fact, the court specifically rejected defendants' essential ingredients, the legal test, and applied the SEC's legal standards. So this was where the SEC was essentially trying to create their own rules. Judge says, nope, not going to work here. Further into the document, the SEC seeks to appeal question C, and issuers offers and sales of crypto assets and trading platforms create a reasonable expectation of profits based on the efforts of others. But the court did not hold that offers and sales on a digital asset exchange can create a reasonable expectation of profits based on the efforts of others. So I think that is pretty much the same kind of scenario that's playing out in the Coinbase trial that we will most likely, I think we're going to see a win there as well. Ripple's programmatic sales were blind, bid-asked transactions, same as almost every crypto transaction out there. Ripple's programmatic sales represented less than 1% of the global XRP trading volume, did not make any promises or offers, and the SEC failed to provide evidence. The SEC failed to provide evidence, and she just keeps on, failed to provide evidence over and over on all of this. So really kind of hitting home on the SEC, just not holding up their end of being able to even prove that XRP or other digital assets are securities. Further in this document, it says the SEC failed to provide evidence and the development of use cases for the XRP ledger, which constitutes a tangible and definable consideration to Ripple. That's important. Court also rejected the SEC's argument that XRP provided Ripple employees as compensation and bonuses satisfies the Howie's first prong. So getting into a lot more detail here, and I think this is going to flow into the rest of the civil cases that are still out there against Garlinghouse and Larson. All right, so court rejects the SEC's remaining argument that the courts have accordingly found section five violations where unregistered crypto asset transactions occur not between the issuer and the investor, but through intermediaries, including on trading platforms, keyword on trading platforms. That is Coinbase in a nutshell. And I think that's the scenario. Digital assets I think are getting ready to fall outside of the guise of the SEC. Court rejects the argument that there is a substantial ground for difference of opinion, meaning it doesn't matter what you think the court has a rule of law to go by and we're going to affect it. And, uh, the SEC is not creating their own law, which is the other scenario. Okay, so further in the court, uh, in the document, the court cannot draw any conclusions about library's core reasoning, uh, to an issue because it was never litigated. Therefore the SEC fails to point to any digital asset cases which conflict with the court's holding as to the other distributions. If you don't know about what happened in the library case, this was a really a milestone event for the SEC, but now the court is pretty much saying, man, not really. Listen into this clip right here. After the blockchain was launched and we didn't do an ICO and this was during the ICO boom and then we said we were trying to be a conservative company and eventually the SEC sued us and they declined to actually bring the trial until shortly before the statute of limitations was going to hit on our, on our first buying time. Yeah. We came in and we did a whole presentation and they just used that stuff against us. Never answered a single one of our questions. We've said we'll destroy the entire company. We'll give you our entire pre-mon. You can have every dollar in our bank accounts, right? But what we want is the status that Bitcoin has, right? If I have to blow everything up, if that's what's somehow the difference here. Okay, fine. Just tell me that that's what I have to do. They won't tell you that. They'll say you're, I mean, seriously, it's so it like gives me an energy. That's crazy. I mean, that would be in the founder of library talking about how much pressure and just gravitas that the sec is wielding out there on small companies. And that's the problem of overreach that we talk about all the time. All right, so let's go back to, actually there's another clip I want to play for you. This is John Deaton. Listen to this one. The judge agreed with me, promised me, assured me that he was going to make sure that the world knew that his decision did not apply to secondary market transactions. And that was a very important point because judge Torres in the ripple case cites that hearing Jeremy Kaufman and library spend between one and $4 million and they spend another couple million dollars in legal fees. The sec spends ungodly amount of hours taxpayer money. And when it's all said and done, the government protected us by getting $111,000 in legal fees. From library. Well, we've successfully destroyed them financially. We did what we told Jeremy Kaufman we were going to do when he argued with us and we said, we will bankrupt you pal. What happened is the library is appealing the decision by the judge granting summary judgment to the sec. I think that they have been emboldened, if you will, because of the grayscale ruling by the ripple decision by maybe even the Uniswap decision by judge failure and hopefully a really good decision that comes down in the Coinbase motion to, to dismiss. Remember people, there's not a case in 80 years that supports taking an asset that may have been an investment contract in the beginning and then calling it an investment contract. The underlying asset forever. None. Yeah. So Deaton pretty, pretty benefit. I'm pretty passionate about that. And I think he does kind of hit that point home is that the sec kind of plays unfairly, not surprising and to anyone out there. But the good thing is, is now the courts are starting to rule against them. And this seems like they are finally in a position where they're taking the bully to class here further in the conclusion denied at the sec's request for a stay is also denied. So this court basically just lashed everything down. This is an interesting statement at the end prior to the final pretrial conference council for both parties along with parties themselves shall meet in person for at least one hour to discuss the settlement of the match. So they are really meaning the court is really pushing to get this done. This of course is Annalisa Torres, judge Annalisa Torres, which I think is the one that has pretty much outlined that the sec has no case here for digital asset control and most likely is going to fall under, under outside the graces of the court when it comes to the, to the Coinbase, uh, case as well. All right. Just a couple of tweets here. Uh, corrupt sec got an effort fail on their appeal. Judge Torres wrote the fail 10 times. Uh, here's Stuart Alderati, of course, the ripple attorney courts, um, July 13 ruling was and remains law of the land XRP is not a security. Jeremy Hogan comes in and says, Hey, okay, look here. A couple of things here that I want to note. Uh, and that is really this statement right here. This is a disaster for the agency. I'm going to mark that just it's there. This is a disaster for the agency, but I think this is, this is a good thing for crypto in general and digital assets. But more importantly, I think for digital asset technology and how all of this is moving forward, keeping government overreach out of industry and innovation is important because as you know, Deaton kind of mentioned, they went through all that, you know, millions and millions and millions of taxpayers money for $111,000 for a library case, which is probably going to get overturned out. So not a good one. Here was Scott, Scott Chamberlain, uh, further talking about the XRP case and he kind of hits something here. So there's a lot in change. SCC failed to prove its case. Now it has to push not something nice uphill with a pointy stick if it wants to win. So they have a huge boulder in front of them to get this done in being able to win. I think the SCC has lost this and I think it's going to start either looking very bad for Gensler or the SCC is going to start to pivot their position. Now you look at it politically, that could be the case because we're starting to see some things in DC that could also kind of tie into this. I want to go over to this last clip, which is Deaton talking about this a little bit further into what this might mean. Listen in. She said some XRP holders, no doubt bought XRP for speculative reasons and they may have relied on the efforts of Ripple, but the SCC didn't prove that. Programmatic sales of XRP on exchanges are not securities. XRP itself is not a security. And what she did in this decision was solidify it. And I'm telling you it's untouchable. It cannot be touched. She even said, look, I never said that it's impossible for some crypto token to still be a security when it's bought on an exchange. I've just said that XRP in this case with these facts are not period. She even made it more clear that as of right now on this day, excluding Bitcoin, XRP is the only one clearly, with legal clarity. I'm really hoping that judge failure comes through on the Coinbase decision because I think that will be when Gensler is forced to pivot. And that's when Elizabeth Warren has to accept that her anti crypto army is a bunch of old people about to die. All right, there you go. Anti crypto army dead. Uh, and I think back to my point is that I think that Gensler is going to pivot. He has to, this is starting to impede political positioning. It's also impeding the benefits of what the SCC is going to try to do in really the work they should be doing, which is real securities law. And that is the challenge because right now it's just overreached. This is just power grabs. You look at what Graywall was saying here. Of course, this is the Coinbase attorney. SCC just filed its opposition motion to dismiss their case. This is the opposition to the motion for Coinbase trying to get this dismissed. This is going to take on a light of its own. If you look back down here at the end, it says, we look forward to filing our reply in October 24th. So as always, we appreciate court's consideration. So this is probably going to move into November, but the key here is the SCC continues to lose and they're losing in very, very grandiose ways. And this is not good for anything from a governmental overreach standpoint. I think it's even worse for the political position of the SCC. And this also starts to change things dramatically, I think in digital assets as a whole. Most likely Coinbase is going to come out of this. Coinbase is going to look really good pretty soon. So, all right guys, we're going to get into that more. We're going to be covering more of this. Obviously we had the speaker house change up this week. There's a big implication there on crypto and digital assets as a whole. We'll cover that. Make sure and stick around on the channel. If you're not subscribed, make sure and subscribe right now. Just hit that little button down there. If you want to get some of our live streams, I'm doing as much lately, but we do want to bring those back. Just hit that bell. You'll get notifications when we do this. All right, if you're not in our diamond circle, get in now. It's another place where we drop additional content. We've got a really special surprise for you. We've got new TA videos coming only to our diamond circle members twice a week. Those will be dropped on, it looks like Monday and Thursday. Plus you're going to get Kyle's webinar, excuse me, web3 podcast, and he's adding another show to it. So you're going to get four new pieces of content that you don't get anywhere else. Not here on YouTube, only in the diamond circle. Click the link down below. You guys want to catch me? It's out there on Twitter at Paul Baron. We'll catch you next time right here on Tech Path.
A highlight from 1278. Gensler LOST AGAIN! | Judge Shreds SEC Appeal! | XRP Update
"Let's get into some XRP news today and talk about the SEC taking another black eye. These guys are taking round after round from the judge, and it's going to be an interesting one for sure. You don't want to miss this show. All right, my name is Paul Baron. Welcome back into Tech Path. Let's get into it. A couple of topics that we'll break down from the judge, but also the kind of impact this could have for the overall crypto markets, even the Coinbase case. We'll give you guys kind of a rundown. One thing I do want to do is thank our sponsor, and that's iTrust Capital. If you guys are looking at going into long -term investing into crypto IRAs, this is one of the vehicles you can use, and it's very simple to do it. Easy to start up, there's no monthly fees, and all you have to do is you can do your own self -directed trading. So if you want to get into XRP or others, you can do that right here within the iTrust Capital IRA. Very easy to join, and you'd be joining 200 another ,000 accounts that have already created IRAs there with iTrust. So check the link down below. You get a $100 funding reward if you decide to do something there. Helps our channel out. Appreciate that. All right, so let's get into a couple things here. I want to go over to the PDF here. This is the judge response, and there's a few points. I'm going to kind of zoom in on this a little bit for you guys. There's a few spots in here. There's going to be a lot of scrolling, but the point is we're going to get to a couple of points here. I want to go down here to page five. All right, so let's get into this. First, SEC has not presented a pure question of law. This is one of the things that the judge has already pretty much put in in the judgment on the first ruling, and of course, kind of them just saying, hey, this is, you're still in the same position here. In fact, the court specifically rejected defendants' essential ingredients, the legal test, and applied the SEC's legal standards. So this was where the SEC was essentially trying to create their own rules. Judge says, nope, not going to work here. Further into the document, the SEC seeks to appeal question C, and issuers offers and sales of crypto assets and trading platforms create a reasonable expectation of profits based on the efforts of others. But the court did not hold that offers and sales on a digital asset exchange can create a reasonable expectation of profits based on the efforts of others. So I think that is pretty much the same kind of scenario that's playing out in the Coinbase trial that we will most likely, I think we're going to see a win there as well. Ripple's programmatic sales were blind, bid -asked transactions, same as almost every crypto transaction out there. Ripple's programmatic sales represented less than 1 % of the global XRP trading volume, did not make any promises or offers, and the SEC failed to provide evidence. The SEC failed to provide evidence, and she just keeps on, failed to provide evidence over and over on all of this. So really kind of hitting home on the SEC, just not holding up their end of being able to even prove that XRP or other digital assets are securities. Further in this document, it says the SEC failed to provide evidence and the development of use cases for the XRP ledger, which constitutes a tangible and definable consideration to Ripple. That's important. Court also rejected the SEC's argument that XRP provided Ripple employees as compensation and bonuses satisfies the Howie's first prong. So getting into a lot more detail here, and I think this is going to flow into the rest of the civil cases that are still out there against Garlinghouse and Larson. All right, so court rejects the SEC's remaining argument that the courts have accordingly found section five violations where unregistered crypto asset transactions occur not between the issuer and the investor, but through intermediaries, including on trading platforms, keyword on trading platforms. That is Coinbase in a nutshell. And I think that's the scenario. Digital assets I think are getting ready to fall outside of the guise of the SEC. Court rejects the argument that there is a substantial ground for difference of opinion, meaning it doesn't matter what you think the court has a rule of law to go by and we're going to affect it. And, uh, the SEC is not creating their own law, which is the other scenario. Okay, so further in the court, uh, in the document, the court cannot draw any conclusions about library's core reasoning, uh, to an issue because it was never litigated. Therefore the SEC fails to point to any digital asset cases which conflict with the court's holding as to the other distributions. If you don't know about what happened in the library case, this was a really a milestone event for the SEC, but now the court is pretty much saying, man, not really. Listen into this clip right here. After the blockchain was launched and we didn't do an ICO and this was during the ICO boom and then we said we were trying to be a conservative company and eventually the SEC sued us and they declined to actually bring the trial until shortly before the statute of limitations was going to hit on our, on our first buying time. Yeah. We came in and we did a whole presentation and they just used that stuff against us. Never answered a single one of our questions. We've said we'll destroy the entire company. We'll give you our entire pre -mon. You can have every dollar in our bank accounts, right? But what we want is the status that Bitcoin has, right? If I have to blow everything up, if that's what's somehow the difference here. Okay, fine. Just tell me that that's what I have to do. They won't tell you that. They'll say you're, I mean, seriously, it's so it like gives me an energy. That's crazy. I mean, that would be in the founder of library talking about how much pressure and just gravitas that the sec is wielding out there on small companies. And that's the problem of overreach that we talk about all the time. All right, so let's go back to, actually there's another clip I want to play for you. This is John Deaton. Listen to this one. The judge agreed with me, promised me, assured me that he was going to make sure that the world knew that his decision did not apply to secondary market transactions. And that was a very important point because judge Torres in the ripple case cites that hearing Jeremy Kaufman and library spend between one and $4 million and they spend another couple million dollars in legal fees. The sec spends ungodly amount of hours taxpayer money. And when it's all said and done, the government protected us by getting $111 ,000 in legal fees. From library. Well, we've successfully destroyed them financially. We did what we told Jeremy Kaufman we were going to do when he argued with us and we said, we will bankrupt you pal. What happened is the library is appealing the decision by the judge granting summary judgment to the sec. I think that they have been emboldened, if you will, because of the grayscale ruling by the ripple decision by maybe even the Uniswap decision by judge failure and hopefully a really good decision that comes down in the Coinbase motion to, to dismiss. Remember people, there's not a case in 80 years that supports taking an asset that may have been an investment contract in the beginning and then calling it an investment contract. The underlying asset forever. None. Yeah. So Deaton pretty, pretty benefit. I'm pretty passionate about that. And I think he does kind of hit that point home is that the sec kind of plays unfairly, not surprising and to anyone out there. But the good thing is, is now the courts are starting to rule against them. And this seems like they are finally in a position where they're taking the bully to class here further in the conclusion denied at the sec's request for a stay is also denied. So this court basically just lashed everything down. This is an interesting statement at the end prior to the final pretrial conference council for both parties along with parties themselves shall meet in person for at least one hour to discuss the settlement of the match. So they are really meaning the court is really pushing to get this done. This of course is Annalisa Torres, judge Annalisa Torres, which I think is the one that has pretty much outlined that the sec has no case here for digital asset control and most likely is going to fall under, under outside the graces of the court when it comes to the, to the Coinbase, uh, case as well. All right. Just a couple of tweets here. Uh, corrupt sec got an effort fail on their appeal. Judge Torres wrote the fail 10 times. Uh, here's Stuart Alderati, of course, the ripple attorney courts, um, July 13 ruling was and remains law of the land XRP is not a security. Jeremy Hogan comes in and says, Hey, okay, look here. A couple of things here that I want to note. Uh, and that is really this statement right here. This is a disaster for the agency. I'm going to mark that just it's there. This is a disaster for the agency, but I think this is, this is a good thing for crypto in general and digital assets. But more importantly, I think for digital asset technology and how all of this is moving forward, keeping government overreach out of industry and innovation is important because as you know, Deaton kind of mentioned, they went through all that, you know, millions and millions and millions of taxpayers money for $111 ,000 for a library case, which is probably going to get overturned out. So not a good one. Here was Scott, Scott Chamberlain, uh, further talking about the XRP case and he kind of hits something here. So there's a lot in change. SCC failed to prove its case. Now it has to push not something nice uphill with a pointy stick if it wants to win. So they have a huge boulder in front of them to get this done in being able to win. I think the SCC has lost this and I think it's going to start either looking very bad for Gensler or the SCC is going to start to pivot their position. Now you look at it politically, that could be the case because we're starting to see some things in DC that could also kind of tie into this. I want to go over to this last clip, which is Deaton talking about this a little bit further into what this might mean. Listen in. She said some XRP holders, no doubt bought XRP for speculative reasons and they may have relied on the efforts of Ripple, but the SCC didn't prove that. Programmatic sales of XRP on exchanges are not securities. XRP itself is not a security. And what she did in this decision was solidify it. And I'm telling you it's untouchable. It cannot be touched. She even said, look, I never said that it's impossible for some crypto token to still be a security when it's bought on an exchange. I've just said that XRP in this case with these facts are not period. She even made it more clear that as of right now on this day, excluding Bitcoin, XRP is the only one clearly, with legal clarity. I'm really hoping that judge failure comes through on the Coinbase decision because I think that will be when Gensler is forced to pivot. And that's when Elizabeth Warren has to accept that her anti crypto army is a bunch of old people about to die. All right, there you go. Anti crypto army dead. Uh, and I think back to my point is that I think that Gensler is going to pivot. He has to, this is starting to impede political positioning. It's also impeding the benefits of what the SCC is going to try to do in really the work they should be doing, which is real securities law. And that is the challenge because right now it's just overreached. This is just power grabs. You look at what Graywall was saying here. Of course, this is the Coinbase attorney. SCC just filed its opposition motion to dismiss their case. This is the opposition to the motion for Coinbase trying to get this dismissed. This is going to take on a light of its own. If you look back down here at the end, it says, we look forward to filing our reply in October 24th. So as always, we appreciate court's consideration. So this is probably going to move into November, but the key here is the SCC continues to lose and they're losing in very, very grandiose ways. And this is not good for anything from a governmental overreach standpoint. I think it's even worse for the political position of the SCC. And this also starts to change things dramatically, I think in digital assets as a whole. Most likely Coinbase is going to come out of this. Coinbase is going to look really good pretty soon. So, all right guys, we're going to get into that more. We're going to be covering more of this. Obviously we had the speaker house change up this week. There's a big implication there on crypto and digital assets as a whole. We'll cover that. Make sure and stick around on the channel. If you're not subscribed, make sure and subscribe right now. Just hit that little button down there. If you want to get some of our live streams, I'm doing as much lately, but we do want to bring those back. Just hit that bell. You'll get notifications when we do this. All right, if you're not in our diamond circle, get in now. It's another place where we drop additional content. We've got a really special surprise for you. We've got new TA videos coming only to our diamond circle members twice a week. Those will be dropped on, it looks like Monday and Thursday. Plus you're going to get Kyle's webinar, excuse me, web3 podcast, and he's adding another show to it. So you're going to get four new pieces of content that you don't get anywhere else. Not here on YouTube, only in the diamond circle. Click the link down below. You guys want to catch me? It's out there on Twitter at Paul Baron. We'll catch you next time right here on Tech Path.
"at least one hour" Discussed on Real Estate Coaching Radio
"Wow. That was a lot of resistance. And coffee and you make sure that Zoe hears that and your mom and it is important. The showing of gratitude towards especially your family members will make up for the fact that you probably are not as attentive as you'd like to be because you're building your real estate business, which also is something else we caution you guys to make sure you're doing this. You, if, assuming you have a family or you have a spouse or even your fish, you're going to want to have them be part of your business plan. Don't be one of these blockhead agents that says I'm going to become the world's biggest agent so the rest of you guys be damned. You guys being family, friends and loved ones. That won't go well. Let your family, especially your kids, let them know what you're doing. And one of the fun things to do is create like a goal, a family goal and have it so that you all get to go on every week where mom or dad takes a listing or whatever. Every Friday you have pizza or you go to a movie or you go on some vacation everyone wants to go on, those types of things and have it be so there's visual accountability. There's no better accountability on, you know, I can attest to this for sure than having a kid who wants to go, for example, to Disney world or something like that. So you maybe set the goal that once you have 20 closings, you're going to go to Disney world and every time you have a closing, you write it on it, you know, your visual accountability, right? You're going to put a whole bunch of eight and a half by 11s taped together. You're going to number one through 20 like a tower. And every time you sell a house, you know, you put the address by it. The kid's going to see as you're climbing your way to the top and they can even color it in. Exactly. Involve your family. Show gratitude. You know, it's funny. Ziggy, one of our coaches, she does this and she sent us pictures before, but we've said this a million times. We came up with this concept years ago and the ones that do it are a swear by it, say it truly, truly does work, but all the others that are listening to us say it, they don't want to do it. It's because they don't want to help be held accountable because they know how well it works. Oh yeah. Cause there's no better. There's no better. You know, kids are the best cause they will be dispassionate about the fact that you slacked off and they can't go do that fun thing. 100%. Okay. Point number six, set a new prequalified appointment before noon every workday, ideally with sellers. Now that's a daily minimum standard. You're probably not going to do it every single day, but it is the mindset that it is your job to set new prequalified appointments every day before noon. What would it do to your business if you did that three out of five days a week, four out of five days a week, it's going to be fantastic for your momentum. All right. But Julie, that's something that is, is mystical to many people. Yes. Because they make it too damn hard. They do. They, they have this whole like Swiss army knife of scheduling things and you know, and they have, here's the other thing they do. They have to really, really research anybody before they pick up the phone. And then by the time they've done, you know, 30 minutes of research, they convinced themselves not to make the call. Guys, it's just a script. It's just taking a seller through a script is nothing other than a conversation outline, which leads to the result of you, you know, ascertaining what the level of motivation that that person has. It is very, very easy for you to follow our system. It does not take a high level sales skills, really any previous sales skills. A lot of the people that have come to real estate, let alone our coaching programs, they were retired military people. They are former airline pirates, people that have zero background selling anything to anybody, and they become very successful because it is a turnkey system. Follow it. Don't try to create your own. Just trust what's in front of you. Point number seven, contact by phone or door knock. One unrepresented seller, otherwise known as a for sale by owner per day with your pre listing package. Ideally you do that once per day and you keep good track of your follow up. You're going to be taking regular for sale by owner listings. Now this is just some suggestions. You do not have to be doing all these things every single day. Like you know, we'll go Julie, let's summarize what we feel probably are the most important five things at the end. So go ahead through your points. We'll do this quickly. Point number eight, contact at least one expired seller listing per day with your pre listing package. We've talked about expireds all day on yesterday's podcast. Number nine, speak with speak with all pending clients with transaction updates. Don't be out of sight out of mind. If you have a transaction coordinator, teach them to say, Tim asked me to call, but still at least make one contact per pending per week. They don't like it when they don't hear from you. Point number 10, spend at least, and by the way, the contact is not digital. It is a phone call. Yes. They want to know what's happening. All right. You want more repeat and referral. You've got to communicate better. Let's see. Point number 10, spend at least one hour working out, going on a walk or taking a class at a fitness center. Group exercise is better for your business. It expands your center of influence. So though that might look like just a fitness goal or a fitness thing in your schedule, it's also secretly getting you to prospect. And then number 11, meet three new people on purpose and talk about real estate. Use meetup.com to find new organizations and meetings to join. Focus on three different areas. Number one, hobbies and interests. That's stuff you like to do anyway. Number two is business networking. And number three is charitable organizations. So let's talk about what would be your ideal three to five things. And then we can backfill it with the idea of making it around a schedule. What's most important. Right. Number one. And again, a lot of these should be on everyone's list, but you can adjust accordingly. Number one is going to be showing overt appreciation for your family members. Julie, I love you. I love you too. Okay. All of you can do that, by the way. But you guys can say you love Tim and Julie. Send us a text. Yeah. We'll accept that. We love you too. Yes, exactly. But yes, do that. Show overt appreciation for your family members every single day. It is you giving and they will appreciate it and you'll feel good for having done it. Okay. It's a great start to the day. That's right. Number two, a lot of times we'll suggest you guys pray or meditate depending on what your inclination is. Right. That's something a lot of you should be doing. You do do, but do it formally. Make it so it's something you do formally every day. You're going to want to do some form of exercise, even if it's just a 15 minute vigorous walk. Julie's idea of group exercise is always going to be a winner. You want to take some kind of supplements every single day. You do your own homework on this. We're not medical care physicians and whatnot, but do take that seriously because really I think the jury is in. The reality of it is long-term supplementation of vitamins and whatnot does have a positive outlook. That reminds me. We should do, you and I have gone through a lot of health stuff this year, preventative stuff. Why don't we man up and do a podcast? We can. They have to think out of the box a little bit. I know. It's a little bit. It's related to real estate. We want you to be healthy so you can kick butt in real estate. Every time we stray slightly off topic, there's somebody at the computer like the cat's typing away. Furiously fast typing. Why are you talking about something other than real estate? We're warning you this time. Yeah, but we should. I agree. It does matter. Those people that are trigger fingered to basically want us to stay so tightly into real estate aren't really long-term listeners anyway. We need to take care of long-term listeners because you and I have discovered a lot of things as far as very innovative health stuff in particular that we should be sharing with them. That's right. Yes, we'll do it. Next, you should be setting up. Again, these are things. You write your own three to five things down. You should be setting one. First of all, call all your leads back at the end of every single day. Never leave a lead pre-qualified and ideally appointment set every single day. Don't procrastinate and put somebody off for the following day. Another thing as you're making your three to five things, and this is for those of you who are truly serious, set one pre-qualified listing appointment per day and or have absolutely positively make the number of proactively generation contacts that you have to that is commensurate with your real estate magic number. Yes, absolutely.
"at least one hour" Discussed on Real Estate Coaching Radio
"They do have schedules, they just haven't formalized their schedules. So don't get stuck on it being some sort of badge of honor to say you don't have a schedule. You do have a schedule. You do, whether you realize it or not. Unless you let your dog poop in the house, I mean, you take them on a walk when they need to go on a walk, that's a schedule too. Okay, so you can't make any more time. People say that all the time. I got to make time for this and make time for that. Well, you can't actually make more time, but you can become more efficient and effective, especially on work days. So here's your step-by-step guide to do just that. Again, all of the detailed notes are when you scan down. Let me just add this too, because I think this will help. I'm trying to give you guys as much wisdom on this podcast to sort of liberate you from some of the thinking that maybe has been haunting you with regards to scheduling. There is no such thing as time management. That doesn't exist. So stop saying time management. I have a time management problem. No, you have a you management problem. So you're not, the time is going to do what time is going to do. You cannot manage time. That just is what it is, right? But you can manage what you do in the time that you're allocated every single day. So you need to say, I personally have a personal management problem. I am not managing my schedule. You need to internalize it, opposed to putting it out as something that is too obtuse. Time management, who the hell can solve that riddle? Nobody can. If Einstein couldn't do it, we can't do it. It's not time's fault. Right, exactly. It is a you management problem. Well put. I appreciate that clarification. So number one, decide today what you'll actually use for your scheduling. Are you old school and use a paper planner, or do you track everything using Google Calendar? There are so many apps to choose from, both analog and digital. Choose what you will actually use. It can't be overly complicated, require a tutorial, or be a pain to navigate because you won't do it. Choose today and commit to it, then stick to it. And some people have, I've been looking at these for us with the new school schedule. Sometimes you have your business schedule on one, and then you have a school schedule somewhere else. Our Alexa over at the cabin will actually be your scheduling assistant. So there's really no excuse, except you have to actually make that decision. What will you actually use? Alright, point number two, take your schedule and put little dollar signs on every day that is a work day, and a smiley face on your days off, holidays, travel days, etc. Replace the word schedule with point number two with calendar, right? That's what you meant to say, right? So take your calendar and on the days that you're going to be working, and you can work this 12 months in advance too. So work it 12 months in advance, and the days you know you're going to be working, you're committing to working a dollar sign on those days, and days you already know you're going to be taking off, then you know, frankly put up a green smiley face probably. Now this is to show you that though each month has 30 or 31 days, at best most people have 20 work days. It's a little self reminder to make the most of those 24 hours we talked about, you can't make more time, in both cases work and play. So strive to actually work on your actual work days, and play on your play days. Much of your daily stress in real estate happens when you are supposedly taking a day off, but you're checking your phone every five minutes and negotiating something. Similarly, stress occurs when you're working but missing your kid's recital or ball game. An early mentor of ours said to use this technique, learn to flip the switch, change the channel. You're either, and you know, people our age and older will remember when you actually had to turn the channel on the TV, and if you were in between channels you had all the fuzz and you didn't really, were watching anything. That's where the stress lives, when you're not really on a channel, if you will. I always like that analogy. But here's the blessing of all this, and this is again, to reinforce Julie's points, is that you really don't have to have a fully scheduled day, I mean your day is going to be fully scheduled with life activities regardless, as we were talking about a second ago. But you're only really needing at the end of the day to really fit in with your three to five core activities every single day, and we're going to talk about that. But really the essence of this core, is that an actual drill down point? Okay, so I don't want to step on Julie's. Point number three. Point number three, and we do this with coaching clients all the time, here is the question du jour. You need to actually know if you are on track, ahead, or behind every day, by using and updating your visual accountability whiteboards, you get that in Premier Coaching, but you need to be tracking all of the following based on your goals, and right there, how do you know what your goals are? You've done the real estate treasure map, so we help you with all that. Again, this is training, not coaching. Coaching has the real estate treasure map. It has the whiteboard visual accountability system. But what should you be tracking to know whether you're on track, ahead or behind? Leads, active listings, buyers, pendings, and closed transactions. We coach this in great detail in Premier, it's one of the first things you get when you sign up for free. It is actually in the first level of coaching for a reason. And by the way, yes, you can scroll down and get the notes as you can for every day's podcast. The notes are waiting for you in the show description below. So iTunes, Stitcher, Spotify, does not matter, just scroll down and the notes are waiting for you, as well as the link to join Premier Coaching for free. Do not delay on joining Premier Coaching for free. It is the clear path forward for all of you because of this market. You love our podcast and we certainly appreciate you guys keeping this the number one listened to daily podcast for real estate professionals. You will not believe what you get when you are actually attending your daily semi-private coaching call with one of our Harris certified coaches. It takes everything to the next level. For those of you who are indeed ready to go to the next level, scroll down, click the link, join Premier Coaching. And if you just want to check the website out and maybe you're driving and listening or running or whatever you're doing, just go to premiercoaching.com. Either way, do join our Premier Coaching community and we've made it simple for you. It takes about 17 seconds to join and your first month is free. All right, so point number four is a result of point number three where we were talking about what to track. That was your leads, your listings, your buyers, your pendants and your closed transactions. So each point, number four, each of your whiteboards that I just rattled off has an actual dollar value to you. You should write it in the corner of the board. For example, perhaps you have $5 million worth of active listings which are worth approximately X to you based on your commissions. Maybe you've already got X amount of pendants on the board. This way you'll know if you're on track ahead or behind. We do this, the coaches do this all the time and it's almost always the case where an agent will kind of feel like, especially now when the market's shifting a little bit, I feel a little bit like I'm behind because maybe my listings are taking a little bit longer to sell or maybe I've got some delayed closings. Well, all you have to do is look at the dollar value of what you've already closed, what you've got pending and what the value of your listings are and you can calculate are you actually on track ahead or behind. And so when you join Premier Coaching, the first thing we prescribe all of you to do is complete your real estate treasure map which is your fill in the blank business plan. And one of the things you're going to be doing just to build on what Julie just said is you're going to obviously know what your monthly personal overhead is. Then you're going to break it down to weekly and you're going to break it down to daily. And then why do we want you to know that? Because every day you don't earn money and yes, this will create stress but it will also create accountability. Every day you don't earn money, you're spending money. Every week, every month. So you do have a daily cost. Your financial obligations, most of you are able to pay your bills on less than $10,000 a month. That's $2,500 a week, right? $2,500 divided by seven, you guys can keep on drilling down on the math. So every day you don't earn, you're spending money. That's a good way of reminding yourself, I need to earn X number of dollars today and maybe I'll have a big closing coming up, maybe I'm taking five listings, you guys get it? This is how you create internal accountability yourself so you cannot hide from your numbers. That's right. So Benjamin Franklin said, you may delay, you may delay, but time will not. So take your schedule seriously. Each day you are either self-employed or self-unemployed depending on what you're doing with your allotted time. So point number five, and you were just alluding to this, actually review your finances every day. Use mint.com as your dashboard of key performance indicators. Your savings, your checking account, your credit cards, investment accounts, investment properties and everything else financial are visible using mint.com. This includes your credit scores as well as your upcoming bills and your actual budget. It is a fantastic tool and super easy to use and I think it's either cheap or free. It is free. So you can set up mint.com, you can plug in all of your accounts and basically, like Julie just said, KPIs, key performance indicators. You can pop on mint and you can see exactly what's going on with all your math and it really is a fantastic tool. Point number six. Point number six, make contact. What's a contact? A conversation with a decision-making adult about real estate with at least the number of people as transactions you want to do this year. That's a place to start. For example, if you must close 20 transactions to meet or exceed your goals, you must make 20 actual contacts daily. Remember, back to your work days to meet that goal. Adjust as your skills increase and focus on the people who are most likely to sell. So here's an example. Speak with your existing leads that you just need to close on to set appointments, expired listing opportunities for sale by owners, probate, reload, pass clients and referrals as an example of people you can be speaking with. Now, note to self because I know where you guys are headed with this. Just listed and just sold calls or circle prospecting or cold calling don't count unless they are directly around your own listings or sales because you have no proof that they are interested in selling. Those calls are easy, but they're not productive. That's when they want to go, oh, well, I know how to make 20 contacts a day. By the way, Julie's getting into the meat of what are the three to five things you guys should be doing every day. Point number for your schedule, right? So point number six, obviously, and these are the things you actually time block for. Point number six was you're going to make the desired number of contacts. Every day when you're making contacts, do start out with your centers of influence and pass clients because they're the easiest calls to make. Now, 20 contacts might seem like a lot using our example. But let me edit this. So it's 20. So they're supposed to be making- If you have to do 20 deals, you do 20. Right. But this is actually because it's number of listings they want to have at all times. So it's number of listings they want to have at all times. So if the real estate treasure map says they need to have 10 listings at all times or five listings at all times, they should be making five or 10 contacts. At least. That's right. That's right. So that may seem like a lot until you realize you can easily speak with at least five people from your sphere, you know, your database, past clients, neighbors also in your database. And then from there, you have your lead follow up and your other sources of most likely to list. And of course, we have an epic amount of podcasts about that. And also remember, when you're making these contacts, do follow the conversation outline, aka scripts that we give you guys. So this is a good point, a good place to mention this. Your mission as a real estate professional, especially with lead generation, is not to have a crap ton of leads. I know you think because everyone's trying to sell you leads constantly, more leads solves all your problems. It's absolutely not true. The most successful salespeople on planet Earth, no matter what they're selling, their leads, but they want like in real estate, if you have like more than really 10 or maybe 15 leads, depending on what your goals are, you're not doing a very good job pre-qualifying. In other words, you're not actually asking questions. You're not looking for motivation. You're not figuring out their time frame. You're just essentially putting names in a database and hoping that over time dripping on them is going to result in a transaction. Your job is to call people, fully pre-qualify them, look for the ones that are going to transact with you in 90 days or less. That is your focus. Gathering leads has, basically you need to assume it has zero value. That's right. I think some of this is because of how they define what a lead is. So if you're just talking to somebody at the gym and you throw them in your database, that's not a lead unless you had a conversation about helping them buy or sell a property. The real reason that agents think like that is because the people selling the technology, the CRMs and lead follow-up campaigns have never actually sold real estate before for the most part and do not want to actually tell the agents what I just said. Because if I'm trying to sell you a CRM and I'm trying to sell you the vision, the dream that you're supposed to have a billion people in your CRM that are dripping on constantly, I want you to actually then buy my software and start paying me monthly versus if I sold real estate before or maybe listened to this podcast, I know at the end of the day my job is to, yes, have lots of leads but then to pre-qualify those leads, asking the tough questions, figuring out which ones are going to transact quickly. Now look, you can stretch the envelope a little bit, maybe it's six months or less but you guys get still the point. Well then that invalidates the whole idea of long-term drip campaigns, doesn't it? It invalidates the idea of paying $400 a month for a CRM, doesn't it? But it also makes it so you guys are protected. And again, we get solicited probably three to five times a day from technology companies that are trying to sell you guys stuff and almost all of it has to do with lead generation and we won't do it because their products are essentially the antithesis of what we know actually works long-term in real estate to make it so that you always have cash flow. That's right. So we're talking about what to do on your work days. Point number seven, follow furiously fast lead follow-up on 100% of your leads 100% of the time with no exceptions or excuses. This is a non-negotiable thing with Premier Coaching is that you will follow furiously fast lead follow-up. Nine times out of ten, if you were success, if we're talking to somebody and they're having struggles in their business and we just ask them three or four questions, we can figure out that I would say nine times out of ten is because they're terrible at lead follow-up. They've rationalized. It's easy to fix though. I'm too busy, busy, busy or I have my assistant do it or I put them in the drip campaign. I got even one better. I cannot believe an agent told me this. I can't remember where they heard it. It was some kind of training thing that they went to where the quote trainer speaker said, you should never call your leads back before at least three days from when they reached out to you because you don't want to seem too hungry. Dude, it's worse than this. It's all these fake and mostly on YouTube, all these fake guru coaches and of course we've heard this one before. If someone texts you, only text them. If they email you, only email them. If they message you on Facebook, only message them on Facebook. Those are not rules people. No. Yes. I mean the fact that you guys are willing to listen to that stuff, isn't that just, doesn't common sense tell you that the smart move is to get on the damn phone and have a conversation with them? There is nothing worse than a real estate professional with a voicemail that's full or takes days to return calls. So much business is missed with this bad habit. So commit to being furiously fast with your lead follow-up starting today and the good news is, because we're talking about scheduling here or following your calendar, is that when you are furiously fast with all of your leads, no matter how they came to you, whatever type of lead it is, you'll never be behind on your lead follow-up. You'll only have to be on the spot when you can, you know, answer the phone and maybe spend 30 minutes tops when you do this daily instead of letting it pile up on you or worse yet letting your voicemail get full. That's just crazy talk. All right. Point number eight, the goal of both your daily contacts and follow-up is to set at least one new pre-qualified appointment before noon, ideally with a potential seller. If you haven't achieved that following your morning routine and you have no appointments for the afternoon, it's time to either stay on the phone or doorknock on unrepresented sellers for example, expired listings that don't have phone numbers, you'll have virtually no competition or any of the other opportunities that cost you zero money. Now let's be clear. We are not advocates of cold calling. Cold calling is dumb. Cold calling people just to call somebody is a waste of time. So if you, for example, do have a database of leads you've been matriculating and centers of influence and past clients or let alone obviously the more motivated types of sellers that we teach you in Premier Coaching, those are the people you should be calling. So do not, people try to pigeonhole, oh, Julie and Tim are just telling people to cold call. No, we're not. We never have. We never will. We want you to do the actual work, the real work of real estate, which is going to result in you getting paid. That is really what our motivation is. We want you guys to be successful. So intuitively, you should know by now, especially long-time listeners, if anything that you're planning on doing requires more than like three steps, it is going to fail. It has a, what would our friend Elon Musk say, multiple threat vectors, right? So if something has more than maybe three steps, it's too complicated. You won't do it. And like there's too many, there's too many points of breakage. So just keep it simple guys. And remember, if you want more, like at the end of the day, this is always a contact sport. The more people you're contacting, having conversations with, the more frequently you're going to win. If your whole philosophy of business is to avoid having conversations with people and set up all these little bots and AIs and human people and wherever to do all the contacting for you, you're going to spend all of your money, all of your time, and you're most likely not going to be in business in 12 months. If you're tuning in to people that are telling you to do things that are not resulting in you having direct contact with potential buyers or sellers, tune out and then obviously that's going to be systems that are not necessarily going to be, they're going to be prone to lots of breakage. There's going to be too many opportunities for your emails to not get through. Your texts aren't going to get through. People aren't going to watch your video. They maybe aren't going to take action on what you ask them to do, which is completely the opposite of what you need in a market like this. Direct conversations. That's right. Quick example from one of my newer elite coaching clients, okay? So Dan in the Midwest, he is cleaning up his database and making his contacts. He makes on average 40 real contacts per day, okay? Now we're kind of mixing a little bit of voicemail and real contacts, but his averages go somewhat like this. 40 contacts, about 20 of those were, you know, detailed voicemail. Another 20 to 22 were real conversations. Again, this is daily. I just had a call with him a couple of days ago. Of those 20-something real conversations he has, not one, not two, not three, but four listing opportunities. That's what we would call real leads, okay? Two of them were a little bit further out and two of them were nearly immediately. That was from one day of targeted prospecting of his database, okay? Because he's having real conversations, using a conversation outline, and he is focused and that is 40 contacts. So that shows not only that you can make valuable contact, but what kind of results you can expect when you have a well-planned out call. Every single person listening right now could create an avalanche of opportunity in business if they just followed the simple things that we have just explained to all of you guys and we do every day on the podcast. There is no shortage of opportunity because there is a massive shortage of agents that are willing to do the real work of real estate. As long as agents are always looking for shortcuts and easy buttons, there's always going to be opportunity in the people that are truly willing to drill down and do the real work. Absolutely. Point number nine, again, we're talking about what you should be doing during your day. We're not talking about do this between 8 a.m. and 8, 10 a.m. We're giving you the elements which have to go into your productive schedule. Number nine, speak with all pending clients with transaction updates. Don't be out of sight, out of mind. This should take you no more than an hour daily, assuming that you do it virtually every day. If you use a transaction coordinator, speak with them daily and your pending clients weekly. It is worth mentioning, most of you, I mean Julie and I operate this way too, we always have, are going to get more done more efficiently in the morning because a whole bunch of physiological reasons are, you know, they're all lining behind you being more efficient in the morning. But your hormones are going to be better, you're going to have just had a lot of sleep, your brain is going to be quicker, everything is going to be more conducive to you getting higher level results quicker. And frankly, if you don't do it in the morning, most of the things you have to do, you know, if you don't do them in the morning, you probably aren't going to do them the rest of the day. Getting them done in the morning means that it's done. And if your day goes to hell in a handbasket afternoon, at least you got the most important things done. See, that's the whole point. The morning schedule is the most sacred part of the day because the rest of the day you get tired, you get ornery, you get sleepy around two o'clock, stuff happens, you know, if you have children, well, you know, they come home from school, you know, that's like a hurricane, right? So the whole reality of it is that morning schedule is when you need to be really focused in. And Premier Coaching in the Real Estate Treasure Map, there are sample schedules that you guys can access where it's, you know, it's more detailed, right? But really the essence of it is, is the three to five things that you need to be doing every single day is proactive lead generation. You need to be doing, obviously pre-qualifying, when you lead generate, you should be pre-qualifying. You should definitely be doing your, you know, furiously fast lead follow-up. We want you to also do some level of exercise every day, even if it's just a 15 minute, right? So do all those things every single morning, show gratitude towards the people you love and write all these things down and schedule them. And then when you get those three to five things done every single day, you're going to feel fantastic. And then over time and often not as much time as you think, you're going to start building momentum. You're going to start, you know, all those things that you're working on, all those things you're focusing on, they're going to get better incrementally. And over the days, the weeks, the months, the years, you're going to all of a sudden start to become a different person. That's the way to do it. There are no shortcuts. So Henry David Thoreau, one of my favorite authors said it best. He said, it's not enough to be busy. The question is, what are we busy about? So that's what this podcast has been. It's time to get control of your time and along with it, your goals. If your schedule doesn't reflect your goals, you're unlikely to succeed. You know what? We talked about this yesterday, but if you're finding the idea of having a morning schedule like daunting, it's because you're allowing too much in your head in the morning. Go lean into the whole idea of having a media free life. Do not listen to, pay attention to, turn on, give any attention whatsoever to any form of media, because you're just going to go down emotional rabbit holes that are going to derail your potential for even, you know, doing, staying on schedule, let alone getting the results of having stayed on your schedule. Well, that's true. And I have to just add one more thing, just straight off of coaching calls. And I think the, I originally came across this in Atomic Habits where he was saying part of why people get so exhausted and so far off of their schedule, you know, assuming that you have a schedule like what we laid out for you today, is that you are constantly, if you're not sticking to it and doing what you say you're going to do, you're constantly making decision after decision after decision after decision, subconsciously and consciously. Am I going to prospect today? Yes or no. Am I going to do lead follow up? Yes or no. Am I going to take care of that inspection? Well, maybe I'll do it later. If I don't do it now, when am I going to do it? Just in like five minutes, you're making 10 little micro decisions and that takes up so much space in your brain. Instead, decide on your three to five basic profitable matrixes that you absolutely will do. For example, you never end a day with leads that you haven't followed up on. That's pretty simple. That's your rule. You never end a day where you didn't work out an exercise so you can keep your energy up. That's a simple rule and not only to have that rule but when you will do it, don't have different times of, maybe on Tuesday I wake up at 6 a.m. but on Friday I'm going to sleep in. All those decisions are exhausting. If you guys want to do the marketing, the branding, the pies in November and the postcards and all the rest of it, do that in addition to the real core work. Not instead of. Not instead of but the things that we ask you guys to do, have you noticed a recurring theme? They don't cost any money. But they do make you money. They do make you money and that'll increase your profit margins. We want you to do the things that are the most profitable because A, they're the most profitable but B, they get the best results the fastest. Yeah. I mean that's basically it. We don't need to over complicate it from there. Homework is to create your ideal daily schedule. If you are already a Premier Coaching member, you have lots of examples of how to follow that. You did great. We did talk about point 10 but for the analytical stuff, they're keeping track. Point number 10. Spend at least one hour working out, going on a walk or taking a class at a fitness center. Group exercise is better for your business, expanding your center of influence and it can be an amazing source of business unless you're a secret agent and you just walk into the gym with your headset on. Don't do that. Actually talk about real estate. This is perhaps one of the best times, I know this will surprise all of you, to be in the real estate industry that we've seen in our careers because there's so much uncertainty. Well, there's that because there's so many agents out there that are ill prepared. They don't know what they don't know. You're listening to our podcast because you're learning what you don't know and now you're taking action on improving. That creates opportunity because you're going to have a skill set that other people don't have. You're going to have a mindset that other people don't have and over time, you're going to create a business and frankly, wealth that other people never will have. Please do keep this in mind but nothing is going to come to you. You need to chase all of it. If it's meant to be, it's up to me. That's what you say when you wake up and when you go to bed. Look guys, if it's meant to be, it's up to me but also, if you want ever increasing levels of success in your business and your personal life, you don't have to have ups and downs guys. You can have ever increasing levels of success in your business and your personal life. You've got to master the art and science of doing what you don't want to do when you don't want to do it at the highest level. Do what you don't want to do when you don't want to do it at the highest level. There are so many things in a normal person's life that really are rather egregious but you still got to do it. You just do. I mean, you got to take your kid, Julie leaves to take Zoe to school at 6.30 AM. She doesn't want to do it. We go to the gym every day. Well, I do want to do it but not at 6.30 AM. Right, exactly. We go to the gym every day. We don't want to do it. Ever. Ever. I mean, there's so many things but you have to do it because the long term benefit is extraordinary. Now long term is not next month. Long term could be 20 years from now. I don't know who said this but it's true. People overestimate what they can do in 12 months, they underestimate what they can do in 20 years. Well put. And you know, Julie and I are living breathing examples of it. This year we'll be married 32 years and I can promise you virtually all of our most meaningful success came in the last 20 years and there were plenty of opportunities for us to get derailed, go off course, change our minds, change direction and maybe occasionally we did ever so slightly but for the most part we always stayed on mission and we're now seeing it. So if you'd asked us 20 years ago and I'd said, well, you know, people overestimate what they can do in a year and underestimate what they can do in 20 years, I just would have been saying the words not ever having experienced it. Right. But now I've experienced it and I know it's true. So please use, people that are our age or older, you know what I'm saying is true and you just do still have time to make a miraculous, amazing life for yourself. Never give up as long as you're breathing. Like when people ask me, you know, you know, how are you Tim or you know, those types of nice polite types of things. People ask, I say, well, anytime you wake up and you're looking at the green side of the grass, it's a great day, but isn't, shouldn't that be the standard? I mean, you know, shouldn't that be it? Does it have to be a bunch of other things? No, you're alive. Less things, not more things. Exactly. So hopefully you guys benefit from all this. Thank you for keeping this number one listen to daily podcast for real estate professionals in at least the United States. It's always our pleasure and our truest honor to have you as part of our lives and allowing us to be part of yours. Have a fantastic day. We'll talk to you on the show tomorrow.
"at least one hour" Discussed on Northwest Newsradio
"Star game. KOMO4's Jeremy Harris spoke with fans about the city's efforts to get it ready. The city's done an awesome job cleaning up everything. A week ago, an encampment where neighboring businesses reported rampant drug use and threats from homeless people. Well, there may still be visible homelessness in Soto. We did not see any encampments close to the stadiums where security is tight. Jeremy Harris, KOMO News. Local bars and restaurants were bustling with fans baseball during the all -star home run derby yesterday. As KOMO4's Ryan Sims reports, it's a grand slam for sales. Despite wait times of upwards of at least one hour, the Hatback was the prime hub for baseball lovers everywhere. Results 4 ,000 orders right here in single a day. You feel the energy with all the other people and the camaraderie and everything. Employees here at the Hatback say all -star sales are on par with major events like Super Bowl Sunday and the Mariners opening day, all as fans flocked here from across the Northwest. It was a no -brainer, once -in -a -lifetime opportunity. Hopefully we can bring it back here in the near future, but you know I had to come out and support. Everything that they've done, the city has done to put this on has been amazing. In that moment, come on in. After a seven -year hiatus, the Joint Base Lewis -McChord Air Show is back. Our marquee performance? The U .S. Air Force Thunderbirds. There will be many other air acts, plus dozens of aircraft and vehicle ground displays, with JBLM soldiers and airmen to show them off. That's from a promotional video online. The Tacoma News Tribune reports that the theme this is year 50 years of women in modern military aviation and 30 years of women in combat aviation. The weekend events is free and open to everyone. For your removal from the meeting, I'm Jeff Poge live with more. -4. 1 -0 Traffic every 10 minutes on the force from the High Performance Homes Here's Kimmy Klein. Gates to T -Mobile Park open at 2 o 'clock today, so a lot of pedestrians, lots of Ubers on the road, lots of tourists who might not know where they're going around downtown. Expect delays and be patient. It is going to be slow on the freeways to getting into Seattle. South on I -5 starting at North Gate towards Soto. North on I -5 is heavy right around the Michigan too curve and really anywhere in those downtown streets between say Denny and Holgate are very very busy today. Eastbound 520 is starting to get a little slow approaching Montlake, so we're keeping an eye on that. We had some earlier road work in Renton on 405 Northbound of the Maple Valley Highway. It's wrapped up and the backup from 167 is starting to really improve, but Southbound 405 is now getting a little busier out of Factoria off and on towards Sunset and Renton. We're dealing with road work on C Route 169 near Cedar Grove Road today, so that's causing some slight delays in both directions and minor delays seen at the curve 5 on Southbound I -5 exiting to 54. This report is sponsored by the UPS Store. At the UPS Store, they have everything to do to help small business owners be unstoppable. If you need shredding, they'll be the shredding store, the UPS Store, be unstoppable. Your next Northwest traffic at 114. Our forecast sponsored by Northwest Crawl Space Services. Here's COBOL 4 Meteorologist Kristin Clark. This week could certainly offer the best
"at least one hour" Discussed on WTOP
"And movements learning how you sleep so you learn to sleep better night after night sleep next level only from sleep number the clean sleep number 360 c2 smart bed is now only $8 .99 plus free home delivery when you add an adjustable decal its biggest sale of the year half off installation dreaming of a beautiful low maintenance its composite deck deck helmet is your answer we remove your old worn out deck boards and rails keeping the existing structure and stall tracks low maintenance composite decking restore your deck to new condition at a fraction of the cost call now for half off installation 18559 helmet for a free estimate that's 18559 helmet or schedule online at helmet dot com don't leave please free face with dead helmet dead helmet dot this com is wtop news it's 1045 i'm luke luger and thanks for being with us a rockville man is in jail after being accused of dog napping a pair french bulldogs from their owner in dc last week dc police say on monday morning the two pups uno and cartier were stolen at gunpoint and the owner was assaulted on v street southwest just a few minutes prior another dog owner was assaulted in an attempt to steal their dog just a mile and a half away on maine and seventh 51 year old enrico brown brown is charged with receiving stolen property those frenchies have since been returned to their owner said to be in good health police say they're still searching for more suspects and the getaway vehicle a proposed bill in massachusetts would require people who work in the beauty industry to get training to recognize the signs of domestic violence. it's very common for clients sitting while in the chair at the salon to open up to their stylists barbers estheticians manicurists and massage therapists a new bill proposed at the massachusetts state house seizes on that opportunity it would require those beauty industry professionals to be trained to recognize the signs of domestic violence would require them to direct victims towards resources that would help them escape their abuser under the proposal beauty schools would need to provide at least one hour of training on domestic violence in the signs those professionals already working in the industry would have to take a course when their license is renewed that's easy radio shari small more than a half of the country's beaches are tainted with potentially unsafe that's the findings of a new study that comes as beach season is in full swing scientists at environment america research and policy center pored over tests taken at more than 3100 beaches last year discovered they fifty five percent of them had at least one day of high fecal contamination fecal matter is poop and we all know that poop can make us sick john rumblers with the agency it also found that there were more than 57 million cases of illnesses from swimming in tainted waterways gulf and west coast beaches had the most dirty days east coast was at forty eight percent virtually every area of the country has a lot of work to do to stop sewage overflows and prevent runoff pollution gg now to the top stories we're working on a wtop a prolonged heat across wave the nation is breaking temperature records and a father and his young daughter on the way to the pool in dc are hospitalized after being hit by a car keep it here for full details on these stories head traffic and weather on the eights to rob stallworth in the wtop traffic center in good shape luke on the beltway in virginia between alexandria and mclean eastbound i -66 at the valway near the ramp to the inner loop crash activity in the gora area not blocking any lane so you guys stills still should be moving pretty good on 66 eastbound as you head toward the no beltway problems being reported on i -95 except the southbound delays going across the aquaquan down to 123 then leaving dale city headed down toward triangle northbound i -95 delays leaving route one in spotsylvania headed toward route three in fredericksburg after that you should be cleared toward the springfield interchange with your express lanes pointing northbound on i -95 and i -395 no problems in the district on i -295 northbound dc 295 seeing some delays toward pennsylvania avenue the suitland parkway at first sterling avenue that was a report of some flashing traffic lights so use caution there otherwise looking good on the beltway in maryland through montgomery and prince georges county on the adobe near the bw parkway had some scheduled work along the right side of the roadway but uncertain if they are actually working right now southbound bw parkway brief delays as you head toward the beltway but nothing really to write home about loop 50 across going the bay bridge in good shape with three lanes west and two lanes east i'm rob stallworth wtop traffic to seven news first alert meteorologist jordan evans seven news is on severe alert today if you have not already go ahead and download our first alert weather app to your
"at least one hour" Discussed on WTOP
"Number one show in india is a local program called scoop this shift in netflix underscores a new phase in the evolution of streaming and netflix has grown big enough in local markets can that it now afford to produce content specifically for certain countries both to entertain existing users and lure new students who don't really care for american shows from the bloomberg newsroom i'm eight forty one a massive multi -state manhunt is underway for an escaped prisoner in pennsylvania forties a thirty four -year -old michael burrham is considered armed and dangerous michael burrham was being held on arson and burglary charges and is suspected of raping and killing a woman in jamestown new work police say he's also tied to the car jacking and kidnapping of a couple back in may the result in a multi -state manhunt as well that cbs news correspondent chanel call with that report a proposed bill in massachusetts would require bill people who work in the beauty industry tree to get training to recognize the signs of domestic violence it's very common for clients while sitting in the chair at the salon to open up to their stylists barbers estheticians curse and massage therapists a new bill proposed at the massachusetts state house seizes on that opportunity it would require those beauty industry professionals to be trained to recognize the signs of domestic violence would also require them to direct victims towards resources that would help them escape their abuser under the proposal beauty schools would need to provide at least one hour of training on domestic violence in the science those professionals already working in the industry would have to take a course when their license is renewed that's wbz radios shari small with that report coming up on wtop dcs mayor confront some of the challenges facing a local introducing a completely redesigned dicks experience a reimagined sports destination with expanded assortment of the latest apparel and footwear styles from nike adidas kaliya and the
"at least one hour" Discussed on Northwest Newsradio
"Been a busy day at SeaTac. Of course with the travel rush there's a chance of delays. We spoke to one family who missed their flight at 3 30 in the morning here to Anchorage after a delay in Denver. And the best Alaska that could do for us was 9 o 'clock tonight. So we're spending 18 hours at the airport unless we can find some way to make it downtown for a while or something. Make the best of a bad situation. Also in terms of cancellations, United had the most. There have been more than 2000 since Saturday. Como fours mohider as of today. All the cancellations at Sea -Tac. All nine of them are from United Airlines. There are 115 delayed flights tracked there by the airport. The relaunch of the Washington cares fund kicks in tomorrow, July 29th, which means a new payroll deduction from here on out for most workers in Washington state. Here's Northwest News Radio's Carly Johnson. If you had private long term care insurance, you were eligible to opt out through the end of last year. is It too late for that. Now the rest of us will see a 0 .58 % deduction on our next paycheck. money The will go into the Washington cares fund to help cover long term care services. Once we retire, I happy am to sign the first long term care bill. That was Governor Jay Inslee just after the bill signing. But soon after, he put it on hold while lawmakers worked to make it a little more fair, allowing others to opt out, including people who work here in Washington but live somewhere else. Someone who makes 75 grand year a will have about $35 a month taken from their paycheck for the fund. The Seattle Times has a calculator to plug in your age when you plan to retire and your salary to see how much you will have to pay. If you move out Washington, of though, you do not get access to anything you paid into the program. Carleen Johnson, Northwest News Radio Everett says it will continue to enforce a ban on drug offenders in six designated zones called SODAs and also add two more SODA zones in city parks. SODA stands for stay out of drug area zones where drug use and trafficking are considered high and where those convicted of a drug offense are ordered to steer clear. Following a council vote, Everett's SODAs now include Henry M. are considered high. These two parks have had issues there. Council member Mary Fossey spoke prior to the vote. Her council colleague Ben Zarlingo was more cautious. If it turns out that those parks are that kind of problem, then we ought to be able to validate that data and then have a concrete, legally defensible reason to expand the SODA zone. In the end, the council voted unanimously to add the two parks to a list of SODA zones that previously included only downtown city blocks and commercial arterials. Corwin Haake, Northwest News Radio. Northwest News Time 1234. Traffic updates every 10 minutes on the force from the High Performance Homes Traffic Center. Here's a look at your forecast tonight. Expect delays on Highway 104. It's also a busy day getting into the Sound. South Plan on at least one hour to get from Tacoma to Olympia on South N I five. We're still busy in a Seattle North five from Alboro to the Convention Center and on South on five south of 1 45th and Shoreline. Even in Everett, where we rolling slow on north on five between 41st and Marine View Drive. We're slow in Bellevue, too. We had an earlier crash south on 4 at 0 5 Coal Creek Parkway. It's clear, but it's still busy from 5 20 up the Kenny Dell Hill. But our travel time is down to 35 minutes now to get from Bellevue to Renton. So that's an improvement. This support is sponsored by Albertsons and Safeway earn three times rewards points gas on when you purchase any item throughout the store. It's Safeway and get up to $1 off per gallon at Chevron, Texaco or Safeway fuel stations. Restrictions and exclusions apply your next northwest traffic at 12 44. Our forecast sponsored by Northwest Crawl Space Services. Here's KOMO 4 meteorologist Kristen Clark. Quiet sunshine and dry conditions
"at least one hour" Discussed on Dr. Jockers Functional Nutrition
"The room is dark as possible. Use a sleep mask little mask over your eyes. Help block out light so you can. Produce more melatonin. Melatonin is a really powerful anti-inflammatory hormone that your body naturally produces that regulates your inflammatory levels. Avoid caffeine within eight hours asleep things. You don't want caffeine too late in the day and it can affect your sleep quality. Donate within three hours of sleeping. Try to finish your last meal by seven. Pm ideally and try to get as much sleep before midnight as possible at least one hour before midnight. They say every hour of sleep before midnight is equivalent to three hours of the regenerative capacity of sleep after midnight. So doing your best tried to get to sleep at a good time is so key get sun exposure during the day so get out in during the day and try to get some exposure to sun that actually help set your circadian rhythms not sleep better at night exercise regularly so exercise but not late at night so the latest you'll want to exercise roughly around four or five o'clock.
"at least one hour" Discussed on Dr. Jockers Functional Nutrition
"The room is dark as possible. Use a sleep mask little mask over your eyes. Help block out light so you can. Produce more melatonin. Melatonin is a really powerful anti-inflammatory hormone that your body naturally produces that regulates your inflammatory levels. Avoid caffeine within eight hours asleep things. You don't want caffeine too late in the day and it can affect your sleep quality. Donate within three hours of sleeping. Try to finish your last meal by seven. Pm ideally and try to get as much sleep before midnight as possible at least one hour before midnight. They say every hour of sleep before midnight is equivalent to three hours of the regenerative capacity of sleep after midnight. So doing your best tried to get to sleep at a good time is so key get sun exposure during the day so get out in during the day and try to get some exposure to sun that actually help set your circadian rhythms not sleep better at night exercise regularly so exercise but not late at night so the latest you'll want to exercise roughly around four or five o'clock.
"at least one hour" Discussed on 10% Happier with Dan Harris
"Judge you or take sides on anything when you feel like you can't turn to family or friends to discuss. What struggling you therapy can help. Better health as customized online therapy that offers video phone and even live chat sessions with your therapist. So you don't have to see anyone on camera if you don't want to. It's much more affordable than in person therapy and you can start communicating with your therapist in under forty eight hours unload the stressors and get some unbiased feedback. You'd be pretty surprised at what you might gain from it. See if it's for you. This podcast is sponsored by better help and ten percent happier listeners. Get ten percent off their first month at better help dot com slash appier. That's b. e. t. t. e. r. h. e. l. p. dot com slash happier. For many of us it's back to the office and back to school time. Establishing a consistent bedtime and wake time routine is key because quality sleep helps boost energy recovery and wellbeing. that's where sleep number comes in sleepers who routinely used their sleep number three sixty smart bed features and sleep. Iq technology get almost one hundred hours more proven quality sleep per year and children need quality. Sleep just as much as you do. Regardless of age all children need sleep to help them be happy healthy and productive in school at home and during after school activities one tip to ensure they get the right amount of rest is placing them in the sleep zone at least one hour before bedtime that includes turning off bright lights putting away electronics setting aside close for the next day and brushing their teeth. Discover the sleep number three sixty smart bed now. During the biggest sale of the year. All beds are on sale. Save fifty percent on a new limited edition smart bed for a limited time only at sleepnumber stores or sleepnumber dot com slash happier that sleepnumber dot com slash happier in studying.
"at least one hour" Discussed on NewsRadio KFBK
"Welcome to wild woman wisdom. Well, I hope if you have an inner critic, you're taming yours to, uh, When I was preparing for today's show and deciding what I wanted to talk about. I thought I would just start from Right where I am today. Experience has taught me that usually when I'm feeling something so deeply that I am not alone, that it's something that has risen to the surface in the collective, so I wanted to talk about this. Perhaps we are all being asked To dive deeper to find the resources within ourselves to help us get past this current situation. And leave us with more resilience when this is over, because rather we like it or not, Some things just have changed. Probably forever and and change, as we all know is often really hard to accept. The reality is all we really have, for sure is the present moment. You know, the past is history, and the future is still unfolding, so we never really know what that's going to look like. Even when we have a very good plan, as we've all seen in the past year and a half things can change fast. Now the country is opening back up, and we are all starting to feel a little relief even though we're not really sure what the immediate future holds for us. Lately, I have been seeing the words in my mind's eye in bold neon letters flashing inside job inside job inside job. I'm interpreting that to mean what we've all heard over the years from many different spiritual practices. And that is that we have the answers. We have all of the answers that are right for us inside of us, not outside of us. You know, we've all heard the old adage know thy self. Now. That doesn't mean that we can't learn from others or be guided by their insights. We certainly do. And sometimes we need a little help. Well, what I've learned is something I think I've always known and that is. What brings me back to my center and has always been there for me is nature time in nature. No big surprise there. But sometimes even though we know something is good for us, that doesn't mean we always do it, especially if we're feeling a bit depressed or anxious. It's easy for apathy to set in. So one of the things I'm doing to stay centered and grounded is simple. I'm following what one of my teachers and mentors the late Angeles Arian always taught her students, and that was Spending at least one hour a day outdoors for a year. Will change your life. I I always try to do that. And when I don't I noticed, I notice a difference, especially if I just get caught up in and I'm not doing the things that I know we're going to make me feel better. And being in nature is certainly one of those things. The other thing that has been important for me is rediscovering poetry from 13th century poets to 20th century poets ended 21st century poets such as Amanda Gorman. She was the youth poet laureate in 2017, and her beautiful poem that she read at the Biden Harris inauguration. Was so thoughtful and inspired and actually transcendent. I loved it all. But one phrase really stood out for me. And that was if we merge Mercy. With might And might with right Then love becomes our legacy and change our Children's birthright. Wow. You know, I've always believed that love is the ultimate healing SAB. And one way we create more love in our life is through forgiveness, not only of others, but Also ourselves and and we've talked about that a lot on both the television and radio show for years. Her poem gave me so much hope for the future generations. She also made me want to read more good poetry. I've been a fan of Rumi since I discovered his work about 25 years ago. In fact, I loved it so much that I had an artist paint a couple of his poems on the walls of our office in San Francisco. So it was the first thing you saw when you entered. Rumi was 1/13, century mystic and poet. And one of my favorite poems of his is a simple poem that I often quote or use when I'm counseling people, or maybe to find common ground with someone. I find it very fitting for our times. It's titled out Beyond ideas. Out beyond ideas of wrong doing and right doing there is a field. I'll meet you there. When the soul lies down in that grass. The world is too full to talk about. Ideas, language, even the phrase each other. Doesn't make any sense. Now, if we could all remember that our ideas of right and wrong are just that they are our ideas in my wishes that some day we can all meet in that field. I'm suggesting that connecting.
"at least one hour" Discussed on Fat Mascara
"And i realized i'm using this very soft voice and only doing that because recording at a time where my husband is on a call and i don't want to be very loud and i don't want to disturb okay. I'm going to bring down my voice too. Because i realize i'm a high decibel at all times. Maybe i'll get there with you. We are using that. Like npr voice npr. Okay but i it kinda suits news right. I just don't want. I don't wanna be like loud ever everyone. Can you hear me in the apart. I try really hard. But that's sort of my default away jess okay. So here is the hot news for this week or asa more news. Okay okay. maybe you've heard but a is in the headlines. This time it's got nothing to do with his famous ex. He is developing a blur. Stick with the beauty brand or grooming brand him now. This blur stick conceals raised. Our it conceals me. It conceals all kinds of minor imperfections. I am not mad at this. Because i feel like iribe has a fan base that may include people who are new to this idea of a cosmetic enhancement. Yes that is binary. Yes for men. Yeah the that is. Yeah that is that is genderless and us. You know and i love that. He's bringing this idea and normalizing it for a wider audience. So people are snickering. People are chuckling but is say that I think this is a great thing. Okay there are major changes as beauty so nicholas degen s. i hope i'm saying that cracked critically. He is leaving his role as giovanni she's makeup color artistic director at the end of jude. The he has been there for so long he has been twenty years out the. Ceo of jonge perfumes. His name was romain. Spitzer heap released a statement. Which i thought was really unusual. Because you don't really see this when Big talent exits a brand. It's just usually they leave and then somebody else comes in. And they announced their new person. mr spitzer said i want to. I wish to thank nicolas personally for his inventiveness in his major contribution to the success of givenchy makeup over the last twenty years all the teams that i wish him every success in his future projects they have not named successor. So this is big news. I think because nicholas or nicholas really helped shape the brands speedy identity. I'm thinking about all of the Lay prism collect my head. I was i- prisons prisons right like although those like you know. Rainbow presumes on the lipsticks. That were inspired by designer collections. There was a real cohesion between the couture collections and the makeup and also jammed. You remember they were one of the first brands to put black lipstick. Like you know in a really luxury package. I thought we were gonna say refillable because they also were early to the luxury refillable game as well. You're so right. You're so sorry. I didn't even think about that. That's big news. So i'm i'm interested to see who ends up there right so you don't usually stay twenty years at any brand as we've reported on we've had makeup artists on the show talk about this brand three years ago. Now i have a contract with this brand. So you're totally right eddie yet. That's like yet twenty years. Who's who's as long anywhere anymore. Okay now jen. Can i have a confidence corner. Oh yeah i. There's four corners so far we've got an animal one and assigned last week animal house and two corners. Left two quarters okay. I'm joking i think we confidence corners just for this week and then we cannot empty the corner go see. Cvs pharmacy is announcing the next phase of beauty mark. So what speedy. mark. Judy mark is you know how. Cvs is always talking about how they don't digitally altered their photos and this is what the purpose that they want you like in the name of health and wealth and all that good stuff They want to make sure that all of their customers have a healthy self image especially for the next generation. So this year. Cvs partner with is a big media. Psychologist dr pamela rutledge to conduct an online survey through the harris poll among women ages. Eighteen to thirty five and this is really coming like very. If you're like oh my god. They're talking about this again. I'm sorry this is really hot news. It's all about how women postponed will coming out of the pandemic. Think about how they look and how they you know. Sort of does regard themselves with social media I was a little disturbed but not surprised by the stats. I'll just throw a couple of years ago. Eighty percent of women who spent at least one hour looking at their own image daily agree that they feel inspired when they see unaltered images of models online. Okay more than half fifty six percent say they would rather give up something they love for a week and then post a photo online about which they don't feel confident. Wait like i'm gonna give up wine for a week events that i don't have to post a photo. I'm like a little bit less than happy with your is. It was put up of me looking like an idiot until late. Still have like like like. I couldn't believe that like you know. Yeah the photo is so important now. I know i was really shocked. Like i was just thinking what photo of mice lake away for like a vacation for a week away from you can put up a happy that you're happy. That need specifics of like what is it that they love hershey kisses or is it exactly. And how bad is this photo. Is it like like picking my nose and like someone caught. This is another way to quantify how much we care about how we appear online. yeah and then this one. I really this one. I didn't like One in three thirty four percent say that they are less confident in their appearance than they were a year ago i e before the covid nineteen pandemic. Okay but we're also tired and were the paychecks. It's hard to find like distress lake. It's not just looking at ourselves on screens. It's like it's i. I think it's everything. I think it's the the the steering yourself like. I haven't been in a social context. I forget how to like. Interact with people so that my confidence is down when it comes to approaching people you know what you should have seen the other day. I know you went out to a. I saw dior event. I was like oh god. How'd that go. Did you to talk to people that you know what i mean like s.
"at least one hour" Discussed on Overnight Drive
"You win. i think you win. Schenectady native eager sikorsky inventor of the helicopter a native and lifelong resident. Samuel quedo checks it checks out and double check that one. Okay thank you fact. Check on actually looking cheese city official website residents jimmy jam and terry lewis team wellesz. Got john stockton. Wow chester a arthur was from schenectady president. Chester arthur knowing lived there while attending union college. The fuck attic ephraim all saints. Jimmy carter briefed studied briefly at union. College studied mostly debriefing. Coeds resident porn legend. John doe pat. Riley there is holy shit. Okay work berry as johnny really from fucking schenectady talks about it all the time you can't you can't stop talking would you like to hear some connections. Ordinance someway gordon jump through some disconnections. I'm really i'm kurt vonnegut. Who gives a fuck ladies and gentlemen miss connections brought to you every week by associate producer. Hand wow andrew yang from snack great. How weird married brought to you every week by producer hannah. She brings you the best season demented individual. But also be the pride of michigan. So if you like personalized license plates than hit her up because she loves the collect photographs a personalized license plates. And she wants me. A photo of tony soprano and furio giunta cuddling the best thing ever so further ado to jewish gals brianna and i sheryl to thirty nine year. Old jewish gal husband's at work kids in school looking for all everyone to come over for one hour to entertain us must last at least one hour. Wow or is this. From from long island i was going to great. Oh you to come in and shoot you love for like an hour and make sure you don't come in us. Array should a load the sink. Come on come on my wig right. I can't afford that. Brings us to the cleaners again. Bringing in a lot of these young gentlemen that come up with jackie late on my wake. But it's a very expensive process to get it cleans wig coming. Federal way covers the wig. Comers that's the new series at cbs. the we'd comers. The wig comes before anyone catches a case. I was told. I'm an honorary hasidic. So this is cool. This is fine. I'm i'm allowed play. These stereotypical jewish music. Over this. This time oh you play in this. I love this song. It's really good. I know i got nothing else. I have no other funny punchline. That's it that's all. I have reject bob clear mountain here. The faded out. Jesus silicone female dial playmates. We have to silicone move. Moveable moveable feast silicone movable full-body with heads playmates. Twelve hundred brand new. Never used in boxes. Well one is the one us. This is from marcus. One is the one in the picture the other. I'm not quite sure you can come. Look at them and choose either or both. Won't hands the same thing you can use either or both all right. I suppose weird question here right. You know you're living alone right now. You're lake finding places for things like the ironing board here. Whatever you know. And yeah. I use an ironing board when i mean all that shit. This is my court date. Assuming you're going to have somebody come over to your house at some point right. Where do you put the real dull. And then how do you handle moving. I'm big unto into tests. If i invite somebody over and i have a real in the chair and they're cool with it. If i came over to your house and you had a real doll on the couch. I would have pissed my fucking pants. I would have fallen the granted pissed. It would have been great. Well i mean that's that's not a bad thing. That is a real. It's a fantastic. Because japan's laughing i would die. I will do fucking give me cpr. I would have them like night poses valley of the dolls being poses a great starts with me masturbating and you had true. I love being caught. I can be your muse in san luis obispo all right calling. oh poets. Painters and musicians in the greater solo. Area i'm a twenty one year old head fire. Bush redheaded woman searching. For someone. To whom i can provide artistic inspiration or perhaps you will inspire me boy in my own art. Send me some of your work. And let's chat drop crucifix and the subject line old from production destruction powers towel. It's a law of the land. Those who has life is doing if you could reject the system. We should take some no. You're going to our production for the best for the nation orange destruction. It's your choice piece latian. god. I can't believe i remembered all through that spirit over token like oh i don't even know the words of old andrea certainly gonna start wearing. Pj thomson punctuation. That not just be bald. I balled him using. They're down there. Let's call. I can't believe you remember that. I can't believe you're only say you're beaming your Boot later and feats m m. was that a man for manic informatica man from looking for a pair of smelly feet fresh out of dirty work with sit back and relax and make your smelly feet field gun book. You need a country. Redneck lexington kentucky. I am a wm white. Male right woman worried. Male were worried male looking for truck driving gene wearing or work pants. Dip spitting country guy. And i will unclog your pipe. You do not need to clean up before do you really do. You have found a while. It's out here. That you way do have to clean disgusting shithead due to up before god i i was straight up not sleep with somebody if i feel like. I'm not like fresh going fucking hit the showers. I'm sorry i remember. They had these have commercials feeling fresh.
"at least one hour" Discussed on Unique U
"It's good okay. So don't try to fit in a time where you're sleeping Sleeping at twelve. Am at midnight. And then you waking up for him because he pushed yourself towards the morning routine so first of all timing secondly is having what you want to do as soon as you wake up firmy i said all of my devices aside just because i want to have a national who of thoughts that my brain is having instead of allying social media or my email or someone else's thoughts energy cross into my morning mnay start out so i ensure that at least for one hour in the morning when i'm doing the morning team i haven't had any interaction with the outside world. What that means is that mine to action is only limited to my internal cell. I fall secondly hopley michael's wants in my family so my family basically because once you start to allow the external opinions externally energy into your monitor teen. It's not so much your morning routine anymore. You're giving that power to someone else to shape up your day. The way they want to because social media is filled with its positives negatives This topic keeps them coming back. But one thing and does really well is connected with the word right. That purpose connects you with the outside world once connected pretty much impossible to ignore what's going on in the world whether it's news at its instagramat facebook forever it is. That's the purpose of social media in your phone to give you access to what's going on in the world around here so that is step one. I keep all of my devices. I for at least one hour and second reason for doing that is also brain using technology If you're into science you must know about that. The rays from the phone in your devices not really for you in the morning so trying to avoid it helps as wall okay. So that's second. That's not a part of my morning ritual. But that's kind of like what not to do in mid morning. Okay that helps us well just knowing setting those rules as to what not to do the third thing in fact the first thing i do when a week up is i work out for ten minutes. Ten minutes is not at all along time. I'm not trying to get out in. And i'm not trying to be more fit or anything over here. These ten minutes are purely hit workout. What that means is for ten minutes. I'm trying to get my heart rate up because when you wake up your brain still kind of sleeping like i said before you need to bring that energy back end..
"at least one hour" Discussed on WCBM 680 AM
"Can help you improve certain medical conditions that can help you succeed in your New year's resolutions and your overall goals. More information about the medical use sensitivity and sourcing a high quality and specific type of CBD for your medical condition of concern. You can message me directly on instagram it Ben Gonzalez underscore empty That's B and G O N V. A L easy underscored indeed. We can all you can also call the clinic to serpent. Initial telephone consultation with me, 3016222722. Having said all that, and I'm announcing one of my resolutions to you all here publicly, Max. Steve, Do you want to hear it? Yes, we can't wait. What are your resolutions for this year and 2021 time, too? I wanna miss him here. Okay after apo to to this format. Resolved to spend at least one hour day to work on my new book, CBD a Practical Guide for you and have the first draft completed by January. 31st right now, I don't have a rough outline for the book, and some of the research has done so. I could use all the energy out there in the radio world and beyond, to help me focus and finish this book that keep help. Others sort out the misinformation concerning the use of CBD and my second revolution. I know there's not enough time to have a complete discussion of complex medical subjects related to see D d on my three minutes, Doctor, jeez corner so Those of you who want more information on my resolution. My resolution is to publish an expanded blogged a next banded bog to refer to after each doctor G corner discussion for you to refer to What do you think? Max is these guys like it? I think it's great. Yeah, I think it's great too. And for your listeners, you will not know this. But we're gonna have doggy is our main guests coming and you're coming up right around the time your do so It's Zraly. Good time for that. And thanks for bailing us out a little right, Jake. We appreciate it. Dutchy first draft of the book before that. If there's anything you can do it we can do to help. Let us know if you need us to come down. Interview us for anything for our tractor. I mean, that's what you think. We'll also keeps way have radio listeners that ask us to to meet you. And we send him your way, Doctor, So we appreciate all the attention you spend. Giving them to hell again. That was new Year. Happy New Year dot thank you. That was Dr Ben Gonzalez, Medical director in Atlantis Medical Wellness Center in Silver Spring. Bail in the South today. Always sage advice. Love you, Doc Tree coming up after the break. It's the.