40 Burst results for "Fifty K."
What About the American Hostages in Gaza?
"A deal reached by extensive of u s diplomacy including numerous calls i've made from the oval office to leaders across the region fighting in gaza will halt for four days this deal also is structured to allow a pause to continue for more than fifty hostages to be released that's our all that's our goal what about americans nothing will we learn anything it about anytime soon probably not is that the new norm with this president absolutely so you better enjoy what we gave you because that's all we're going to give you and if you going to get something else you're just absolutely wrong you're not going to outside of that let me also tell you there's something you need to read that mark uh... wrote it came out yesterday it says congress must investigate anthony blinken the great traitor he said anything bleak is a despicable con who is organizing arab and european and countries the u n around the backs of our congress and israel to carve up israel and gift the palestinian massive swaths of israeli country israel's country that's his response for the palestinians murder slaughter of israelis blinken is using israel's need for weapons to threaten and blackmail israel diplomatically and impose his at and will this is not how foreign
Fresh "Fifty K." from WTOP 24 Hour News
"A quick look at the top stories we're working on at wtop hamas and israel agree to continue a pause in the fighting we'll tell you for how long one of six teenagers taken the to hospital after a car crash in our area last week has now died and drivers will soon have more ways to get on off and the i ninety five express lanes extension keep it here for full details on these stories in the the i've eighteen traffic and whether on the eighties during this early morning hour we go to the traffic center in rita and it's still pretty quiet on the roadways right now this morning michelle if you're in northbound ninety -five uh... a little heavy out of dumb freeze trying to head into dale city then it looks good headed into bring field on the three ninety five to the fourteen street bridge it was outbound ninety -five near the prince william parkway uh... works there was still on in the clearing stages along the right side also on sixty six but in the express lanes so this is the expound sixty six express lanes before twenty nine in centerville a broken down vehicle in the left lane with the lack of volume not a whole lot uh... of delay in that area southbound two seventy looks good out of frederick all all the way to the lane divide on the southbound spurnier democracy boulevard there was a wreck confined to the right shoulder so the travel lanes are open and not seeing much of a delay there a new problem on i ninety seven southbound a near three year new cut road uh... that was a report of a wreck also westbound fifty near seven oh four there was a work zone there in the clearing stages uh... if it is still there is along the right side so you want to stay to the left to avoid any issues heading in and around the district no reported problems i two ninety five d c two ninety five at speed to the eleventh street bridge suitland parkway looks good to the douglas bridge and no problems on fifty or the bw parkway headed on to new york avenue toward the third street tunnel when was the last time you went into a bank branch now you've got good reason to with eagle bank you get can special in -person rates for cd and money market accounts for business or personal limited time only eagle bank member f d i c i'm reda kessler w t o p traffic here seven news first alert meteorologist eileen whalen well it is going to be very cold today with afternoon highs in the mid to upper thirties most neighborhoods this morning starting
Media Matters Tries to Destroy Elon Musk's X
"Linda Yaccarino said, if you know me, you know I'm committed to truth and fairness. Here's the truth. Not a single authentic user on X saw IBM, Comcast or Oracle ads next to content in the Media Matters article. Only two users saw an Apple ad next to the content, at least one of which was Media Matters. Data wins over manipulation or allegations don't mean manipulated stand with X. Yeah, this is a multidimensional hit job. And they're trying to go after Elon personally and criminally. They're trying to go after his liberation of the platform, all because Elon has now become a serious threat to the regime, to the unit party and the left by allowing us to speak, by allowing us to challenge preexisting orthodoxies, allowing us to incubate elite opinion in a way that the bad guys don't like. And so, you know, Michael, talk a little bit more about Media Matters. I don't know if they've targeted you. You know, they come after us quite a lot. Who funds these guys? It's it's it's a great question. You know, we see Rumble, we see X, you know, they're they're suing intensely. What else do we know about it? Well, we know that their executives make a whole lot of money in order to stifle your freedom of speech. In fact, the CEO, a woman named Angelo Caruso, Caruso makes four hundred fifty three thousand dollars a year. The person who's been in the news all week is actually David Brock. And he's arguably the most ideologically weaponized. He's the chairman of Media Matters, making two hundred ninety two thousand dollars a year in order to stifle your speech. But what's interesting is that you highlighted earlier Media Matters doesn't just not like Elon. They don't like you having the right to speak freely. Their donors and funders rely on them keeping the truth hidden and behind the curtain. The reality is X has been a platform that has provided for millions of Americans to learn the truth of what's happening in society in a way that never would have happened had X been under its formal leadership under Twitter. So we never would have learned about all that happened with the laptop and Hunter Biden. We never would have learned about the malfeasance in Ukraine. We never would have learned even recently about the January six tapes because so much of the effort for releasing the tapes, which I'm glad Speaker Johnson did, happened on X. So Media Matters can't lose their grip on power. Their grip on power relies on you not knowing the truth. And so we're seeing, as you described, this very coordinated hit job from people who are paid very, very highly in order to stifle your freedom of speech. One other thing that I will note is that some of the executives that Media Matters has tried to pull to drop their ads are people like NBC. NBC is a really interesting case because just last week NBC had a journalist of theirs that was defending somebody, an editor in chief of a progressive news site that ended up being outed as a pedophile, is now being charged with child pornography counts in one of the most egregious cases that law enforcement has ever seen in that area. So we're seeing that this virtue signaling is really just meant to target you. They don't want you to speak freely. And even these advertisers are backing people that are corrupt and dysfunctional. And yet Media Matters is silent on it. So Media Matters hasn't called out NBC about that, but they'll gladly call out NBC on a fake story that is not rooted in real data. And I'm glad that X ultimately is calling it
Fresh "Fifty K." from WTOP 24 Hour News
"Plus free delivery at regency furniture's black friday sale shop in -store and online rich hunter wto traffic as we move through the morning hours we're going to see our winds begin increase to in by afternoon gusts upwards of 30 to 35 miles per hour in combination with daytime highs today only the in 30s our field lake temperatures will be in the 20s it's cold overnight very cold come tomorrow morning perhaps the coldest since last february feels like temperatures will be in the single digits and teens will will warm to the lower to middle forties during the day and by thursday we're back in the fifties i'm all just even the first alert weather center right now you're waking up to a thirty four degrees upon circle thirty -two germantown thirty -two anandale thirty -four and holding in our nation's capital good morning glad you're with us here at now is four twenty when you struggle with crohn's disease or ulcerative colitis you get used to not feeling a hundred percent
The Left's Sinister Plan: They Need You Stupid and Ignorant!
"In an era of shortened attention spans the left is super tactical politically they need people stupid i mean this they need you dumb and ignorant if you're not dumb and ignorant they can never do what they can do you know what i don't wanna go out of order let's but let's go anywhere jim cut six if you would bill maher uncovered here's what i mean wanted for years to use emergency powers to be able to shut down the economy to show you what they can do when they're in charge fully weaponizing the economy shutting down sectors they don't like they have craved this power forever covid was the perfect vehicle to do it but what's the catch the catch with covid was simple it was never gonna work if you didn't believe covid was the biggest threat to your life ever so they can't have smart people because smart people would like well what's the fatality rate what's the or not how infectious is this that's what conservative ass gas they and were like wait we shouldn't shut the economy down for this thing is bad it's definitely gonna kill some people and that's horrible but this isn't worth shutting down the whole economy cost -benefit dumb liberals were like no way this is the deadliest thing ever it kills a thousand percent of people it's not even possible it doesn't ten thousand percent it's the deadliest virus ever folks it's like hantavirus and Ebola it's like that Dustin Hoffman virus from but outbreak what does that move tapa or whatever the hell it was this is the worst thing ever if you fell for that because you're dumb and because some charismatic lefty told you that you were doing a public good by sitting in your house and while rotting away this virus that had a fatality rate it turns out now which I'll get to later the in show when people under 70 of only 0 .07 they need you to be stupid people like Malay and Trump who cracked through the stupid divide and people start to listen to them they're afraid of that that's why it's not the policies that bother them it's the threat to their power from them play Bill Maher talking about exactly this Bill Maher is a lefty by the way we all know that he's not our friend but once in a while he'll stumble on the truth here's Maher talking about how liberals are just morons that don't know a damn thing about covid check this out but what about liberals you know the high information by the science people? In a recent Gallup survey Democrats did much worse than Republicans in getting the right answer to the fundamental question what are the chances that someone who gets covid will need to be hospitalized the answer is between one and five percent forty one percent of democrats thought it was over fifty percent another twenty eight percent put the chances of twenty to forty nine so almost seventy percent of Democrats are wildly off on this key question and also have a greatly exaggerated view the of danger of covid 2 and the mortality rate among children I'm gonna get back to that point later but I'm serious when I tell you this you you know I know don't like liberals I'm not hiding it liberals listening you don't like me either that's fine we don't have to like each
Fresh "Fifty K." from WTOP 24 Hour News
"Now we are at thirty six degrees of the war fin d c thirty four oxen thirty hill four sterling we're down to thirty two in our nation's capital brought to you this time around on p this thursday morning by this tuesday morning that would be by dulles glass for all your glass mirror and shower door needs visit dulles glass dot com dulles glass love your glass and coming right up this half hour a before school program teaches young kids fitness habits i'm luke lucerd double -d t o p at three fifty than fifty years kpr science and engineering expertise has enhanced our ability to explore examine and understand the universe as a leading provider of technology solutions both on and off the planet no company is better equipped to solve challenges the of mission critical operations and health technology think kpr from launch to landing and we are the team behind the mission for more information and career opportunities visit kpr dot com slash careers from from other diamond importers this is running over us our success is built on radio and for that we thank w t o p for providing a stable platform we're fortunate to have t o p as our lead radio partner for over 20 years when it comes to reaching decision makers and the influential people make up the fabric of washington nobody forms like w t o p that's why we partner so well movers advertising campaigns rely on three elements true product benefits a sincere message and effective communication movers takes care of to phenomenal diamonds and a credible explanation why we can offer such amazing deals w t o p provides the third the widest communication that's why we select w t o p as our valued partner they greatest reach and can be trusted for news for traffic for weather washington knows it if your business could use advertising help call w t o p and if your love could use diamonds call me runny movers at eight hundred her love we'll go online to movers diamonds dot com w t o p news time now three fifty two is this w t o p news on the medical page tuesday morning here on wtop the days of keeping your doctor for years and years are apparently over according to politico it not will be long before many americans will have a hard time actually being able to keep their regular doctors if they even have one at this point so why is that this is a workforce shortage issue at its core i mean the dynamic left a lot of providers burnt out there were workforce issues beforehand and they persist now so it's just a matter of simple math there aren't enough providers and to see them i was politico health care reporter daniel pain bain says medical schools just are not producing doctors fast enough to keep up with population right now meantime millions will be traveling to see friends and family this long holiday season which increases the risk of catching the virus
There Was a Full-Blown Riot in Front of the DNC
"Of donuts i'm not like stephen hawking or anything like that but i covered it segment this this dnc pro this protest at the dnc democrat national headquarters last night by the pro -terrorist group and folks i gotta tell you i was shocked i was i was on a plane before i wasn't watching a lot of you know cable news stuff or whatever and like i said i get in the hotel and you know whatever brush the dientes i sit down in the bed getting ready to go sleep lily white's party right i hit the power button on the cable what the hell is this here's like a full in front of the dnc wait jim what was that statement you just read to me about that thing because folks i want you to listen to this do you have it i want you to listen jim you read it if you get it up if you get it up get your mind out of the gutter you read this statement and tell me how this this sounds like any different from the january sixth thing tell me about by they portrayed it and yet today there's no outrage in the media because they were pro -hamas people that were at the democrat headquarters there's no basis minimal coverage at best people got hurt last night the fbi from what know i is not engaged in a full -blown x uh uh investigation excuse me none of that but listen for a second jim's gonna read this and you're gonna say to yourself gosh that sounds like a lot of what they said after january sixth yet no spawning response to him dozens of people were kicked need and punched in the face by police officers u .s. capitol police say roughly a hundred and fifty demonstrators were illegally and violently protesting with at least six officers injured well some congressmen were evacuated from dnc headquarters during the protest while others were entered into the basement by law enforcement while sounds like an insurrection doesn't it folks sounds i'm right this is the same thing you were told about january sixth worse than pearl harbor it was worse than nine eleven thousand times worse and yet if you're not if you listen to the show today you pop on cable news last night like before i dropped into lily white's party and you didn't see what's going on you're like wait that happened last night because you got lives you got real job i don't have a real job it's a fake job you got real jobs you got you're getting your kids back from like baseball games and soccer games and preparing dinner and getting ready for work if you didn't see that story you have no idea mike queue up for me cut four this is just audio of the end and folks believe me if if the if the definition of insurrection is what the democrats want you to it believe is then what happened last night at the DNC headquarters is without a doubt an insurrection I just want you to listen seconds in this check this out back yeah the lookups got thrown thrown down the stairs so yeah two thumbs up he's such a radio guy he keeps in case you don't realize what's going on here Jim because he has to control the on and off button on the mic for me he keeps turning his mic off if they're just just leave the mic on okay don't worry about it don't worry about the mic
Fresh update on "fifty k." discussed on WTOP 24 Hour News
"P new m information just coming in wtop doesn't just report breaking news and move on we stay with the story stay up to date check back with us two three four times a day e -mails sports in wt at twenty five and five fifty powered by red river technology decisions aren't black and white think red on tuesday morning november twenty eighth glad you're starting your early morning with us time now three twenty five indeed sports time in frankie sir capitals kick off their five -game road trip with a
The Difference Between a Financial Cost and an Economic Cost
"Dispensation here it matters for this segment I'm fascinated by economics because it marries the two things I love business and psychology and I did both an MBA and a graduate degree in psychology and economics is kind of a symbiote of those two those two things why do people try to rationally maximize their own life and make the economic decisions they do it's fascinating me then people call it the dismal science it's not dismal at all I find it to be the most fascinating one and what I really find fascinating about economics is how easy it is and how overcomplicated even some Republicans tend to make it overcomplicated there is a there's a thing in economics and it's very simple to understand if you understand this you'll understand ninety percent of economics it's called an opportunity cost there is a difference between a financial cost and an economic cost they're not the same thing I'll give you a quick example it's going to apply to what just happened up in New York how liberals how when it gets bad enough is when economics kicks them in the junk and it hasn't yet but it's starting up in New York there's a difference between a financial cost and an economic cost if my wife Paula a who is very talented database web developer she can make a lot of money hundreds of dollars an hour designing websites she doesn't anymore she manages my business but she used to if my wife were to forfeit that career and go out and say become a barista nothing wrong with that value and work I'm not knocking anyone but the pace far less correct say the pace $20 an hour financially my wife is better off right if she works two hours she made $40 she's not economically better off though those are not the same thing a financial your financial situation in the economic one are not the same thing economically she's worse off because if she can charge 200 an hour and to she make chooses coffee for $20 an hour she's actually losing economically $180 an hour that's called an opportunity cost the cost of a foregone opportunity liberals do not understand this at all or they pretend not to the communists just don't care about but the useful idiots genuinely don't understand that Eric Adams is just a useful idiot he's just dumb if you are going to tax New York City residents to death you need to understand they are some of the highest tax residents of any municipality in the country if you live in New York City people at the upper end of the income scale in New York City are paying upwards fifty of percent of their income forty to fifty to the government for almost nothing in return for streets dirty drugs that being just garbage everywhere you're paying for nothing they're paying up to fifty percent of their income and the Liberals are living under this illusion that you can continue to take money to people and just dole it out to union benefits police department's fire department sanitation department's social welfare programs SNAP programs illegal immigrants public shelters beautification projects community empowerment you understand they don't understand the concept of an opportunity cost that when you give money to illegal migrants in New York City it has to come from a another opportunity
Fresh "Fifty K." from WTOP 24 Hour News
"Down in both directions between bending road and grand street that due to heavy response to a structure fire a lot of equipment out there for the moment uh... minnesota avenue traffic is diverted each way as a result so if you're on bending road you cannot turn into minnesota avenue and folks are coming south on minnesota avenue you're diverted at grand street as a result of the activity now in maryland bay bridge eastbound span close to the overnight construction westbound carries two -way traffic will aim for each direction of travel delays are brief beyond that fifty west looks good through annapolis and bouia but heads up as you make the trip toward the beltway plan and to work some begins just before route seven oh four as martin luther king junior highway and continues to point just beyond the capitol beltway and you're eventually down to one single lane to the left through the worksum but the good news is volume is light delays have been briefed go electric the fits way looking for an electric car trying to use subaru ulterra honda ionic or the toyota bz four x uh... state and federal incentives available will go electric at fits mall dot com rich hundred of you to have traffic as we move through the morning and into the afternoon we're going to see plenty of sunshine temperatures though on the cold side considering the time of year only in thirties the with gusty winds upwards
We Don't Hear Much About the Palestinian Cause Between Wars...
"Western public that without their attack on israel horrible atrocities that the palestinian cause would have been figured left behind in the abraham excitement accords and normalization deal between saudi arabian israel it's worth asking whether the palestinians could have done something else in those fifty years to advance their cause beyond killing israeli civilians or whether violence against israelis is the palestinian cause and how it came to be that way after all you never see pro -palestinian activists doing help palestine between wars and this time they started marching after the terror attack not the israeli response and by the way that's been pretty much covered up by the media the palestinians were celebrating the atrocities it's easier to destroy than create rights pollack let's rewind to the beginning israel's the spiritual homeland of the jewish people and has been for many thousands of years jews have lived there continuously for millennia and even during periods of exile and dispersion they still face jerusalem during prayer as jews still do today the idea of creating a jewish state emerged in the late 19th century response as a to persecution in europe and jews began moving back a generation or so later in the early 20th century arabs living in the region began to feel their own national stirrings and the palestinian errors were no different though initially they wanted to be part of a broader
A highlight from Tucker Carlson for Vice President?
"We get it. You're busy. You don't have time to waste on the mainstream media. That's why Salem News Channel is here. We have hosts worth watching, actually discussing the topics that matter. Andrew Wilkow, Dinesh D 'Souza, Brandon Tatum, and more. Open debate and free speech you won't find anywhere else. We're not like the other guys. We're Salem News Channel. Watch any time on any screen for free 24 -7 at snc .tv and on local now channel 525. Hey everybody to end the Charlie Kirk show. Benny Johnson joins the program to talk about the behind the scenes debate prep with Vivek Ramaswamy then Sean Davis as we talk about Israel divine and democrat party and the failure of the RNC. Email us as always freedom at charliekirk .com. Subscribe to our podcast. Open up podcast app and type in Charlie Kirk show. Get involved with Turning Point USA at tpusa .com. That is tpusa .com. Start a high school or college chapter today at tpusa .com. Buckle up everybody. Here we go. Charlie what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created. Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust Andrew and Todd at Sierra Pacific Mortgage at andrewandtodd .com. Joining us now is Sean Davis CEO and co -founder of The Federalist. Sean I'm tired of losing. I'm sick of losing. I'm a big football fan. It's my weakness. I know I get a lot of hate mail for it. Oh it's woke. I don't care and one of the things about football is if you lose you get fired. At the RNC though if you lose you remain. Explain this to me Sean. I don't know it seems like that's almost a fact of politics anymore. Is it the watching these debates for example. Why on earth are people who hate us and hate people who read us and follow us and hate what we believe. Why are we letting them run these debates and attack our people. It would almost be like giving the Yankees front office the ability to interview anyone who's going to go and play for the Red Sox or like letting the Redskins and I still call them the Redskins and I always will. Letting the Redskins coach like pick who's going to play for the Cowboys. It's so dumb and yet we seem to do it debate after debate and year after year and I simply don't understand it at all. Yeah and so I want to play a piece of tape here. So Ronna McRomney was asked about her involvement in Virginia and it's always deflection. It's blaming other side and Larry O 'Connor who's a total superstar. I really like Larry. He's been in the movement for quite some time. He's so calmly and beautifully asked this question was like hey why wasn't the RNC more involved. His reaction afterwards is just epic. So let's play this piece of tape here. It's always somebody else's fault. It's never the national party's fault. Play cut 155. You don't let people lie about you and let it not let it go unanswered. Let it go unanswered and our candidates have got to do this. You can walk and chew gum at the same time. You can go and say this is where I stand. The Democrats are lying and now let's talk about crime, schools, border, fentanyl, and national security. I just want to clarify one quick thing though. The RNC had no involvement in these elections in Virginia per Governor Youngkin's request. We not well we were told in the summer they didn't need us that they had all the money and they were good. So now we've learned that the Virginia GOP chair Rich Anderson says that he asked the RNC to match the Democrats with one million dollars of a late cash infusion into the state. The RNC the only excuse they have is they can't raise money but that was supposed to be an thing. honest She said well we have no money but you're not raising any money because donors don't trust you the grassroots don't trust you. Sean help me understand. Yeah you've got two jobs as a as a party leader. You raise money and you set up state -by -state infrastructure so that the party can succeed which means by the way getting out to vote and setting up get out to vote infrastructure. So your your job is to supposed to raise a truckload of money and you're supposed to set up everything so that we can match the other side match the Democrats and how they get out the vote how they do ballot chase and all that. I've seen like I don't pay attention all that much to the fundraising so I won't I won't comment on that but it's been almost four years since a completely absurd election in 2020 when the Democrats just ran circles around us in in their absentee ballot chase their mail -in chase. I haven't seen a whole lot of evidence and that in states where we really need to win like Arizona and Georgia that either the state party or the national party is doing much of anything to make sure the Dems don't run in 2024 the exact same playbook they ran against us in 2020. So I'm I'm honestly kind of befuddled I feel like I'm watching office space watching the Bob's interview the employees and thinking what would you say you do here because I can't figure it out. So moving forward here Sean let's emphasize on the NBC news thing so we're after a very disappointing night and then Lester Holt and Welker are cross -examining our candidates just I want just the most objective way you could look at it what candidate do you think separated themselves from the other and who do you think missed an opportunity at that debate? Oh I thought Hveke was awesome I love how he came right out of the gate and trashed the moderators and basically said you're a whole bunch of Russian collusion hoaxers like who do you think you are that's how you handle these moderators and and I think Newt Gingrich was the one who who provided a perfect model for this he did it in during the 2012 primary where every time he got a question in one of these debates from a total left -wing hack masquerading as a journalist he just took him to town so you know your premise is garbage you're full of crap I think you're liars and here's what I'm going to talk about instead of the uh was fantastic um it's hard for me to say who the loser was in these because they kind of feel like loser debates to me and in the first place it's like watching the kids table so um I think the whole debate thing in it in and of itself we need to have a discussion about um but but I thought Hveke and the way he handled the moderators was great and I wish every single Republican from now until forever would treat these hack propagandists the exact same way. So I totally agree and I'll just say this you know Ron DeSantis received the first question and he gave his kind of typical and by the way he's the best governor in America I want everyone to be very clear I get hate mail when I say that Ron DeSantis remains the best governor in America he's not a good presidential candidate he's running a poor campaign it's the brutal honest truth and it's hard to watch he gives this fine answer you know I'm Ron DeSantis and people can't pay for gas and bah bah bye feel your pain yeah whatever Ron how awesome you were just you it was like a t -ball you could have went right after NBC news you could have just used them as the villain and the vague kind of picked up you know the trillion dollar bill that was laying right there and he called for Rana's resignation on top of it it was Rana's resignation the RNC is a bunch of losers we have a culture of losing and NBC news you guys are the complete worst and he got the headlines honestly he got the headlines across the head you know across the board and people really appreciate it because they want a fighter so let me ask you uh kind of shifting gears here Sean Joe Manchin not running for the senate the significance of this and how should we think about a potential no labels candidacy that is bubbling up with Millard Willard Mitt Romney and Mr. Manchin yeah so I got a kick out of Manchin's press release that he put out and said you know I've accomplished what I want to do in my career and I'm very proud of what I've done and and I have hopes of doing other things buddy you're retiring and not running again because you were going to get your butt kicked because you were Joe Biden's little laugh dog when you were supposed to be representing uh West Virginia voters so I think we need to be honest about why he's not going to be a senator again and it's because no one in his own state likes him the people who know him best don't want him as their senator anymore and and that's why he's not going to be running again so you bring up Mitt Romney uh man they are they are birds of a feather in that thing Mitt Romney's only the only consistent thing he has done his entire career in politics is run he gets in once and then he does such a poor job that everyone in the state hates him so he can't run again so he just finds like a new state to run you know he was a one -term governor in Massachusetts he got smoked in the presidential so he decided to move to Utah and run for senate there and no one likes him there anymore because he's a jerk uh and so what does he have left to do the only thing that Joe Manchin has left to do which is avoid any actual real job and just stay in politics and find a bunch of left -leaning voters who pretend they're independent but you can bilk and make a living off of so that's what's happening with Joe Manchin and I can't take this no label stuff seriously at all it's just a grift for a bunch of idiots who are hated by the left and hated by the right don't want to get a real job and have no home to go to go back to by the way Federalist you guys do great work it's really amazing just 30 seconds rip on the Federalist how are things going there you guys are one of the most important outlets in the conservative movement well you're very kind to say that thank you um the Federalist is uh it's an online media publication we do a lot of fantastic commentary original reporting our editor -in -chief is Molly Hemingway who literally wrote the book on on the rigged election of 2020 we unmasked the Russia collusion hoax we unmasked the Kavanaugh rape hoax and unlike a lot of many other publications that pretend to be on the right we actually love conservatives and we we love our readers and we love our voters and we want to be their voice and make them as loud as possible so people in Washington can hear them and not vice versa Sean uh stay right there we'll get right back and everyone check out federalist .com is the federalist .com correct the federalist .com yes sir hey everybody Mike Lindell has a passion to help you get the best sleep of your life he didn't stop at the pillow Mike Lindell has created the Giza dream bed sheets these sheets look and feel great which means an even better night's sleep which is crucial for your overall health Mike found the world's best cotton called Giza it's ultra soft and breathable but extremely durable Mike's Giza sheets come with a 60 -day money -back guarantee and a 10 -year warranty Mike's latest incredible deal is the sale of the year for a limited time you'll receive 50 % off the Giza dream sheets marking prices down as low as $29 .98 depending on the size go to mypillow .com promo code kirk that is mypillow .com promo code kirk including the my pillow 2 .0 mattress topper my pillow kitchen towel sets and so much more call 800 -875 -0425 or go to my pillow .com use promo code kirk my pillow .com promo code kirk Sean let me read this headline for you and we have a video to accompany it in a second will John Fetterman cost Joe Biden the election divisions among democrats over Israeli -Palestinian conflict have highlighted the fault with lines in the party John Fetterman's actions are unlikely to sway the presidential election Pennsylvania however it does show that there are fault lines in the democrat party first of all I'm not a fan of John Fetterman but the guy is a master class troll every republican could take a class in how to troll like John Fetterman is basically if reddit became a U .S. senator I don't know if you saw this video but it's just you know you have this guy that looks like cyclops walking you know in a hoodie with the Israeli flag walking did you see this video on the funniest thing I've ever seen and all these people are getting arrested honestly I respect that level of game and this his base he's trolling so Sean you know let's broaden this a little bit outside of just Fetterman doing the trolling is this which is um the fault lines the democrat party over Israel the Palestine issue I don't want to overplay this I think this is the most divided I've seen the democrats in recent memory am I right on saying that Sean I think you are and I think it explains why the institutional left why Joe Biden and the party leadership uh walk on eggshells on this issue which really shouldn't be a difficult issue um you know people shouldn't be rolling into Israel and murdering babies and raping people and filming it and bragging about it that's bad I feel like anyone who has a soul understands that's bad but unfortunately there's a significant segment of the left the far left um it hates Israel hates Jews and when they see party leadership uh like Joe Biden and anyone else uh say common sense things uh about Israel they lose their minds and that that explains everything about why the democrats are handling this as poorly as they are is it Joe Biden is terrified that he's going to lose the presidential election because he's going to lose Michigan because he's going to lose Dearborn Michigan that's that big thing explained everything it's everything that's going on it has nothing to do with principle they're just scared about what their loony left is going to do to them if they don't kowtow to Hamas yeah and it's just but also beyond that Sean there are radicalized white liberals that care about the Gaza issue as well it's not just the Muslim vote right this could impact on their college campus enthusiasm and you play that in with some Jill Stein Cornell West I mean there are serious fault lines in this forced democrat coalition oh absolutely the the hardcore uh white left uh is is every bit as anti -semitic as the uh the bread by the way in in left wing run universities who view the entire world through this oppressor oppressed colonialist victim uh perspective and so yeah your your most rabid anti -semites often on college campuses are these hardcore left -wing white radicals it's totally bizarre but if you watch the media you watch the media the only anti -semites on earth are on the right which is absurd if you have eyes and ears and a brain because it's clearly concentrated on the left final question Sean your just gut reaction Tucker Carlson vice president for Donald Trump I love it I love Tucker uh I think it'd be great it'd be great for America um he's one of the only people who who says all the things that we all think but aren't allowed to say he actually comes out and says it and uh I love him I think it'd be awesome I think we would win especially in a multi -candidate race we're gonna keep on building it out Sean thanks so much appreciate it thank you sir nobody Tucker is better in front of the camera than Tucker you're not gonna outwit him could you just imagine Tucker in a debate Tucker versus Cami Kamala Harris versus Tucker Tucker is ridiculously alert he's been harassed constantly and in an internet age as Joe Rogan famously said Tucker Carlson was built for the internet no personal scandals his laugh alone we know this at Turning Point USA you can you could fill up a room if you just announced Tucker so let's pretend Trump has to go to Fulton County and Jack Smith and he's tied up in all this court stuff wouldn't it make sense to have a vice president who could draw big crowds and draw media attention especially in a multi -candidate race everybody you want to win younger voters especially younger men Tucker Carlson you would win early 30 -somethings you would win the Rogan bros you would win the Andrew Tate people and honestly I think you'd win a lot of suburban women a lot of moms like Tucker they really do Tucker's smart he's well before I'll use it again the more he's attacked the stronger he gets they've tried to take Tucker out every possible way the government spied on him illegally Tucker doesn't care he's in a political moment that we're in doesn't that make sense I want to tell you about the Herzog Foundation we are partnering with them on some exciting stuff for years I've been talking about our nation's public schools and how they've been captured by progressive ideologues teaching things that directly contradict the values of American families especially true if you're family for those of you worried about the best educational path I want you guys to check out the Herzog Foundation they are the trusted source on American K -12 public education with a remarkable suite of resources for parents and grandparents thinking about making the switch from public schools to a Christian education check out their online their online deal the lion online publication to their podcast making the leap the Herzog Foundation offers a wide range of advice and information for Christian parents to make the best education decisions for your kids to learn more about how your family faith and community can flourish through a quality Christian education go to HerzogFoundation .com that's HerzogFoundation .com Joining us now is the legend Benny Johnson Benny is best known by hosting a legend you are a legend no no no I don't just I just don't throw praise unless it's earned okay I got to tell the whole story here and we'll get through it and Benny of course hosts the Benny show he's amazing we've done some really fun stuff at Turning Point USA and continue to and so but he's best he will be best when known the history books are written for being a debate coach so here I am about to take the stage at Freedom Night our Turning Point USA event and my phone is lighting up Vivek goes after the RNC Vivek goes I say what is going on because here I kind of put in the back of my mind I was like whatever you know you and Vivek were like doing somersaults off of jet skis or something you're like we're debate prepping running through the woods or I was like all right okay whatever and then as soon as I saw Vivek go after NBC News I said Benny it's Benny tell us the story Benny okay so what do I do professionally well like this has been something that I've had a tough time a question I've had a tough time answering my entire life I do pattern recognition and energy energy right like where is the base what is our energy what are the what are the patterns of the things that we hate the very most well we we hate an RNC that doesn't listen to us we hate a Republican party that won't build the wall that won't deliver for the base that delivers election wins for the RNC it is not the RNC that wins elections it is us who gets out and votes but we also hate the corporate press and so why don't we bundle both those two things into criticism of an RNC that is siding with NBC News to host a debate and ask the questions why are these debate hosts allowed to one rig another debate against Republicans why is the RNC celebrating NBC News as a debate partner when they went with Hunter Biden's laptop disinformation Russia disinformation against President Trump kneecap President Trump's why would we allow that like how like how cucked are we and how embarrassing is it for all of us that that we have to say this is our Republican party and why doesn't Rana just resign do us all a favor and simply resign and so I all I did all I did was bring those concerns to the person who I was making a documentary with that day the vague and um you know compliments to the vague he sort of so let's absorb them and and let's show the clip here so what with it because because it really was the shot heard around the world it was one of the most viral debate moments in the history of debates because Vivek said what we were all thinking Rana has a 99 disapproval rating every base every every base member all the donors I talked to they want her gone it is it transcends economic lines state lines nobody likes her unless they're on the payroll right and yet Vivek is the only one that and then NBC News on top of it this is behind the cut one fifty four because these snooty the snooty like uh persnippity moderators to be compared to Greg Gutfeld and then it'll throw off it'll throw them off their game so bad because you'll be like you you you people are clowns to us right like our base doesn't like you and it's nothing personal it's just you've earned it right you've lied to them that's right yeah yes so why are we yep be such a broken system now I want to brag on the vague because we're going to play some more here how many times Benny how many times have you and I texted or you know said good ideas to congressmen and senators they said yeah yeah they don't listen to us credit to Vivek for also being open -minded right that's a big deal that's exactly right and also Vivek who's certainly not short of podcast bookings said why isn't Elon Musk and Joe Rogan and Tucker Carlson hosting debate why isn't Charlie Kirk hosting a debate Charlie why aren't you have you been asked by the RNC to host a debate no I have been attacked by the RNC in the last couple weeks definitely not asked to host the debate but I I'm I'm thankful to even be included in that list that's that's very sweet but no what but what would like why not I mean that's in the little that's in the documentary that we put up we put up a 30 -minute documentary about that debate preparation which really was just us having a conversation right like energy absorption like like where's the base right now what do they want to hear because as much as we want to talk about the number of naval ships and Hugh Hewitt know how many ships do we got like people are really concerned about other issues and specifically inside of the party like you shouldn't get rewarded for lying to us and that's what the Republican party just said they rewarded Kristen Welker and NBC News who lied to us for three years and kneecapped President Trump who we put in office in spite of them trying to rig the 2016 election we put President Trump in office and they destroyed arguably his first term based on a lie and they have never apologized they have never said they were wrong they they then get rewarded by our own RNC and it allows me to ask the question again and again how cucked are we if we can't say you get no debates until you apologize to our base for lying to us about the Russian collusion hoax then we really don't have a party and so it was refreshing to see somebody actually say that from the stage and then to call for Rana to resign which by the way you want to talk about moving the Overton window because I you know you know me Benny I I pick fights all the time and I've been kind of like beating the drum you know why is Rana Mcromany still in there you know in our little corner here and you know we're having fun and next thing you know boom Vivek goes on stage it's like yeah why are you in charge exactly and who are you and it was I mean now it's mainstream completely mainstream here's cut 166 Benny did a documentary with Vivek before the debate here is the conversation behind the scenes of Vivek deciding he will call for Rana to resign play cut 166.
A highlight from THE PROTOCOL: Krakens Potential Layer 2 Development and Coinbases Influence
"Dive deep into the blockchain realm with The Protocol Podcast with Coindesk founding editor of The Protocol newsletter Brad Count and tech journalists Sam Kessler and Margo Nykerk. They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum one block at a time. Just a reminder, Coindesk is a news source and does not provide investment advice. Hello and welcome to The Protocol Podcast. I'm Brad Count here with my co -hosts Margo Nykerk and Sam Kessler. Please first don't forget to subscribe to our weekly newsletter The Protocol on Coindesk .com. And real quick, let's just take a second. We've got Sam Kessler here. He's actually missed a couple of our recordings over the past few weeks because he was down covering the Sam Bankman free trial, which is a story that Coindesk owns. Or we did break the story that led to the ultimate collapse of his business empire. Sam, you've been down at this trial and just like getting up at what, like 3 a .m. to get in line to get in the courtroom. Tell us what has it been like covering that trial? Yeah, it was a crazy experience. I'm glad to kind of be back to my normal life. Like you said, some days you had to wake up as early as 3 a .m. Somebody showed up at 10 p .m. the previous evening once to see Sam testify. I was not that crazy. I can only do that a few times the early day. But anyway, overall, it was a pretty insane experience. And yesterday we did sort of a panel with Coindesk reporters, four of the five Coindesk reporters who have covered this throughout the month long run of the trial to hear from members of the crypto community about questions they had and reflections on what was going on. And one of the questions that we received was around whether this trial was, in fact, the indictment of the cryptocurrency industry that everybody in the mainstream seems to frame it as. Or is this kind of this anomalous thing that exists outside of crypto, particularly because FTX was a centralized exchange? The question being, why did it feel like such a big deal? And I think the place where we all landed, like why this got the sort of breathless coverage that it did is because there is a difference between the crypto technology and the crypto industry. And I do still feel and I think those the folks who joined me on the panel agreed that this whole thing, even though it doesn't say much about the technology that undergirds all of these projects that we talk about on this podcast, this whole fiasco was an indictment of the crypto industry. The money, the attention, the focus, you know, the panels that people are willing to go on with Sandbank Manfried all just go to show that it does matter. The companies and the folks who we associate ourselves with cover. I mean, media plays a role in this, too, regardless of whether it has anything to do with the core blockchain technology itself as a centralized exchange in this case. That's super interesting, Sam. I mean, one thing I would just add, you always see giant frauds around new technologies, right? I mean, it's just like inevitable. People are always taking advantage of the opacity and the incredible, complicated stuff. And I mean, we see it all the time. But it's just stuff so hard to understand that it's pretty easy to like pull the wool over people's eyes. You know, I mean, I think we can talk a little more freely about this now that he's convicted. Anyway. OK, well, thank you, Sam. We're so glad to have you here. All right. Let's get right into it now, as we say, with the latest news and developments in technology behind crypto and blockchains. In our first segment, we will be talking about Arbitrum's governance. Of course, Arbitrum is the biggest layer two network atop Ethereum. Margo covers them all the time and they are super interesting project. But Sam, you know, this story you wrote yesterday focuses on some dissension in that community. Why don't you just give us a little brief overview of what that story is? Yeah. So like you said, Arbitrum is one of the people that I might be aware, I might remember last spring when they switched over to a decentralized governance model. So they made this big shift where they launched a token ARB and allowed holders of that token to be a part of something called the Arbitrum DAO that would govern the protocol. And the thing that we're seeing here is a nod to the growing pain, one of the growing pains that we see with all decentralized autonomous organizations, which is the difficulty of reconciling the need for decentralized governance, vast networks of people governing these protocols in like the spirit of crypto, with the reality that you need some somewhat centralized or at least professionalized decision making expertise in order to guide the direction of these really important platforms. Arbitrum has, you know, over two billion dollars locked in it as of today, if I recall correctly. But anyway, in this specific case, Arbitrum's community is currently grappling with a proposal to introduce a research coalition that will be helmed by BlockWorks Research, the research arm of the media organization, Gauntlet, a risk firm and one other cybersecurity firm that's not as specific to crypto. And those folks will kind of serve as this guidepost for the wider DAO to make its decisions. And there's been a lot of controversy around how much they'd be set to get paid under the proposal that BlockWorks presented in conjunction with these other. Let's just, Margo, what were your thoughts reading this story? So, well, two things. I sort of want to know what's in it for BlockWorks. Like, why are they putting themselves forward in this kind of proposal? But also this sort of like what Sam was alluding to drew us back to last spring when there was a controversial proposal about the DAO and there was like a ratification and they started transferring tokens before like that period had even ended. So I feel like ever since that happened, there's been a lot more attention on the DAO and like the proposals it puts forward. So there's always these controversies around DAOs and like the grapple they have to do with centralization and decentralization or professionalism in that case and having some kind of an authoritative figure that will make decisions. And so I wonder if we're looking at this more with a critical eye because of what happened six months ago and because we've sort of seen some controversy with the Arbitrum DAO. But I don't know, what are your guys thoughts on that? So it's a really good question. So that event that you're talking about was essentially when the DAO was established, there was also this foundation that was established, the Arbitrum Foundation. And you see this set up a lot of times where you have a foundation, you have a centralized company that builds a product, and then you have a DAO. The foundation kind of straddles the middle where it's like a real incorporated entity. But anyway, the foundation was suddenly granted a bunch of tokens from the initial mint of ARB. And members of this new DAO who had also just been airdropped a bunch of tokens were like, whoa, wait a minute, we didn't really have a formal vote on where those tokens should go. So it essentially looked like what it was, which was the people who initially created the blockchain granting a bunch of tokens to this foundation, which people think had some links to the old organization, the firm that ran things. So the chief irony here is that the whole idea of a DAO and the whole idea of this specific proposal is to decentralize things further so that something like a centralized foundation, something like the organization that created Arbitrum don't have an outweighed role in the direction of the chain. But the irony is that people see the same centralization issues with this new format. So one of the comments that we have in this article came from one of the voters in this Arbitrum DAO who said, quote, having the same parties review and provide opinions on proposals, cover those proposals publicly via media networks, vote on proposals, review the security concerns of a proposal, and then execute the Arbitrum network upgrades is fundamentally lacking separation of powers, which is a nod to the role that all of these different entities who would be on this coalition currently serve for Arbitrum. And this person showed that these folks who would be on this coalition also hold a huge number of ARB tokens. They'd now be kind of suggesting proposals or at least giving research on these proposals that they're also voting on and have an outweighed weight in terms of, you know, I mean, it's so interesting. It gets right at the heart of this debate, you know, the topic that just keeps coming up over and over again, which is, is all of this really about the tech or is it really about the money? It's like everybody wants the money and some people are providing value. Sometimes it's hard to tell whether this is going to actually be valuable or if it's just somebody who wants money, right? I say I'm curious, the research they're talking about, what kind of research is this? Like, why do why does Arbitrum DAO need research? Yeah, it's a good question. So it's quite interesting. One of the cool things about DAOs is you can go into the governance forums of any of them and you can see people weighing different proposals and those proposals will. So when it comes to research, sometimes there's going to be financial sort of research that they'll do into like what kinds of rewards we should give users of our protocol for doing certain things like what sort of interest should accrue to a token. Not really relevant in this case, but in the future, you know, if ARB should accrue interest, which it doesn't currently, it would kind of help make that call. You'll see a lot of risk assessment. So if Arbitrum is deciding on what bridge partners to use to transact with different chains, somebody like Gauntlet might come in or the cybersecurity firm might come in and do research to determine, hey, which of these bridge partners, given the technology we use and whatever platform we're bridging to uses would be the most secure. That's something that you saw in the past blew up on Uniswap when there's questions around conflicts of interest between the people doing the research and the bridge platforms themselves. But that's the kind of research you'll see, kind of like the technical and financial. Very briefly, the reason why this, you know, bristled so many people was the fact that it would cost two million dollars over the course of a year. And based on the cost breakdown, one person wrote, can the organizations involved demonstrate their time is worth, quote, six hundred fifty dollars to fifteen hundred dollars an hour? That seems exorbitant, as in more than I pay for a Harvard lawyer's exorbitant, literally. So these folks are asking for a ton of money in exchange for their services and they've had to defend themselves. And currently the proposal is really 50 -50 in terms of whether this is a temperature check, whether it goes to a real vote. The community can't decide whether that's a fair breakdown of costs. When does the temperature check end? It ends tomorrow. It ends tomorrow. And there's still some big voters that haven't weighed in yet. So we might be talking about this next week. One thing that is kind of cool, I will say, is in companies, modern companies, you know, the CEO and the board make the decisions and, you know, shareholders do not get to weigh in real time on kind of major strategy stuff or even like line item costs, initiatives or whatever. So that part of it is kind of cool that, you know, people are voting on whether they should spend the two million dollars. So let's turn to our next segment here. Well, there's a project called The Graph, and they came out with some news this past week. We wrote a short story about that. They call themselves the Google of Web3, or they say that people call them the Google of Web3. And the idea is that what they do is they basically look at the data that's on the blockchain and then kind of figure out how to, and then deliver that to protocols or teams and for whatever they need that blockchain data from. It's sort of like, my comment was the opposite of what Chainlink does, which is deliver, you know, stuff data onto the blockchain for protocols that need it. But they came out with this new era roadmap. I mean, a lot of it's pretty technical stuff, you know, it's like features, but they, you know, the line in the story was that this was one of their biggest upgrades since they had a 50 million dollar fundraising last year. And the development team, you know, similar to the decentralization in the previous segment, there's always, there's a development team and then there's the project. The development team is called Edgenone. And we sat down with their CEO, Tegan Klein, who, by the way, I think they said she was going to go on her honeymoon this week. So shout out to you. Congrats, Tegan. But anyway, Margo, you know, you were on this call with Tegan and you wrote up the Q &A. What were kind of your big, big ideas on this? Yeah, I thought it was interesting to hear her talk about like what the graph is, like who they serve, sort of like what entities, what protocols they serve. What I'm still sort of grappling with is like, I understand, like obviously there's a need for decentralizing data, but, you know, we'd asked sort of who her competitors are, who in the space is sort of similar to what she does. And her answer was that there isn't really anyone else in the space that does indexing like they do. Like if they do do indexing, it's something in -house. And so, yes, there's been efforts, I think, which one of, you know, Sam or Brad, you guys can talk about that because I know you have talked to Tegan about that before. But if there's no one else that does the indexing like the graph does, like how much of a hold do they have over organizing data on blockchains, especially because she claims that most of DeFi uses the graph? You know, I think that is a rare position to have in this industry, if that's true. You know, I think we haven't done a ton of reporting on this particular space. I think we're sort of more focused on the blockchain stuff that's kind of infrastructure layer of things and who's winning that race and all the apps. These are, they're kind of one of these middle players. They're not really front -facing, you know, they're sort of B2B in the sense that they're, you know, taking stuff from blockchains and delivery it to kind of like the backend of somebody's website or whatever. But I mean, in general, you know, we're going to get in the next segment, we're going to talk about all the layer twos, you know, that are developing and there's tons of layer one blockchains. But I don't know, that's kind of interesting to have a dominant position in anything in blockchain. It seems like there's tons of competition. I don't know. What do you think, Sam? Yeah, nothing comes to mind that does exactly what they do, which is they serve as a kind of like Chainlink sort of Oracle -ish function, but they're completely on chain. So they aggregate and index data on blockchains so that entities like Chainlink, like Uniswap and so on can use them. But I think that there are some, like I remember reporting on them a while ago and one of the problems that The Graph had and continues to have is just that it's extraordinarily complicated. They have their GRT token, they have these things called subgraphs, this role like indexers. And there's like all of these different, you know, jargon that you find all throughout crypto, but is particularly pronounced on The Graph that some people think is wholly unnecessary and it wouldn't be worth getting into all of it on Coindesk on this podcast, you know, is something that they still haven't been able to fix entirely at the same time. Yeah, I do think that they are somewhat unique in this intersection, but I also noticed that like some of the folks that they mentioned to you, Margo, that they, you know, are partnered with are the same folks that they've mentioned to me over almost like, I think like a year and a half ago when I last wrote about The Graph. So it's like art blocks, which is an NFT project that is really cool, but hasn't like been, you know, super huge in a while. They mentioned Uniswap. I also mentioned them, but if I recall from at least when I was, you know, writing about The Graph, their Uniswap thing is used for Uniswap to display prices on its website. It's not something used in the protocol itself, which is a distinction that might matter. The Graph is like certainly a really exciting project and it is the only one that I'm aware of that's doing, you know, this whole indexing decentralized role. I think that they are still kind of trying to exactly find their place and reach that level of ubiquity that they've wanted for a while. That's really interesting. You know, especially given that these projects that they help haven't really changed over the last two years. And one of the things we had asked her sort of is like, where are these new users that they can cater to? Especially, you know, we're in winter, so where's the growth? Like who are you poaching users from? So that's interesting. Yeah. I mean, to their credit, they did make a big gamble a while ago where they got rid of this centralized, this hosted service that they had, which is more akin to a Web2 service where they would index things and then you would query their own kind of hosted server in order to read off the data. They moved to this decentralized model a while ago and there were questions around whether they'd be able to kind of sustain those operations. And it seems like they have, you know, they really are working in alignment with that whole decentralized crypto ethos in a way that a lot of these sorts of information providers, aggregators aren't. They've had some staying power, at least as a result of that, regardless of whatever their user numbers and partners are. I mean, it's interesting when you were mentioning how technical some of this stuff is. All right. Well, let's take a quick break. And when we come back, we're going to talk about the story of the week. Margo Scoop, Kraken coming out with a layer two. We'll be right back. Calling all developers. Consensus 2024 is happening May 29th through the 31st in Austin, Texas. Experience three days of intensive learning with technical talks, 40 plus expert speakers and 20 or more in -depth workshops, including dedicated half days for Ethereum and Bitcoin. Don't miss the opportunity to network a curated developer meetups, discover new career opportunities and explore numerous side events and hacker houses around town. Score a Consensus 2024 developer pass for just one hundred nine dollars, but act fast. Only a limited number of these passes are available. Visit consensus .coindesk .com now to secure your developer pass before they're gone.
"fifty k." Discussed on WTOP
"Fifty seven creek now oh sweet five twenty eight traffic traffic and weather on the aids and when it breaks reed kessler's in the traffic center well michelle thanks to callers for confirming what we already thought we knew about a crash on southbound two seventy eight is southbound after eighty five or eighty closer to eighty five though the right lane is blocked with the wreck and a robot is on the scene your delays are already coming off of seventy i out of frederick trying to make your way past it but once you do you're at speed all the way to the lane divide onto either loop of the beltway no problems on the beltway inner and outer loop running well through both maryland and virginia uh... southbound twenty nine no problems coming out of columbia headed toward university boulevard and the beltway headed into the district both fifty and the bw parkway remaining in good shape whether you're heading on to new york avenue or on the dc two ninety five i two ninety five also looking good from the beltway to the eleventh street bridge inbound suitland parkway you're already starting to tap the breaks brakes just a bit approaching the light at stanton road and approaching the light at firth sterling but still good crossing the douglas bridge on the south capital street if you're in virginia northbound ninety five starting to fill in a little between dale city woodbridge but nothing major lanes are open then it's good crossing the aqua quan into the fourteenth street bridge eastbound and westbound sixty six running well with your lanes open also a metro red line delays in both directions due to signal problems outside the wheaton and silver spring stations i'm the customer w t o p traffic here seven news first alert meteorologist brian vandegraff wasn't start to the workweek temperatures with mid to upper sixties partly sunny skies all in all very pleasant out there overnight not quite as cool temperatures in the forties in the burbs the low fifties downtown your election day looking dry and mild temperatures into the lower maybe even a couple mid seventies will be some more clouds around but still should be a dry day heading into your wednesday
A highlight from 1450: I Expect Bitcoin ETF Approval By End of Month
"In today's show, I'll be breaking down the latest Bitcoin technical analysis. Also, Sam Bankman freed. He is found guilty on all seven charges in the FTX fraud trial. Quoting Max Kaiser, tough talk when it comes to the minor league drug Adderall ish corner like SPF, but where's all the bravado when Jamie Diamond gets caught manipulating markets and defrauding the public again or the next crooked Warren Buffett bailout? He makes great point. Also in today's show, Bitcoin to the moon. Send it. I'm going to be sharing with you the top five Bitcoin price predictions for twenty twenty four and beyond. That's what's up. Also, the latest from Cathie Wood of ARK Invest, also a twenty seven hundred percent Bitcoin price explosion is incoming courtesy of one catalyst, according to the BitMEX founder Arthur Hayes. We'll also be talking about breaking news. The Valkyrie CIO expects the spot Bitcoin ETF approval before the end of the month. 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 dot net. Welcome, everyone. Today is podcast episode number fourteen hundred and fifty. Can you believe it? I'm your host, JV, and today is November 3rd. Welcome to Moonvember of twenty twenty three. Let's kick off today's show with our market watch as we do each and every day. We got Bitcoin up about a quarter percent, hovering just under thirty five thousand. We have Ether up point three percent trading at eighteen hundred dollars. Cardano, one of the top gainers, up five and a half percent and also XRP barely in the green. And if we are in doubt, they say you need to zoom out. Let's look at the one month. Wow, that's much more sexier, isn't it? Now we have Bitcoin up twenty seven percent for the month. We got ETH up about 10 percent. Solana is up almost 70 percent. Cardano up twenty three percent. XRP up fourteen percent. BNB up seven percent. Personally, I love it when everything in crypto is a winner. It don't get no sexier than that. And look at Chainlink up fifty two percent for the month. Good lord. And check it out. Coin market cap percent in just under one point three trillion with about forty five billion in volume in the past 24 hours. Bitcoin dominance pulled back a little bit, currently at fifty two point seven percent, and the ether dominance in the 16 percentage range for the first time I have ever seen that I could recall. It's currently at sixteen point nine percent as Bitcoin dominance continues to outpace the rest of the market, especially Ethereum. And checking out the top one hundred crypto gainers of the past twenty four hours for chain up fourteen and a half percent trading at three dollars and twenty cent and Oasis Network up twelve percent trading at six point two cents, followed by the trust wallet token up almost twelve percent trading at a dollar twenty three and checking out crypto bubbles so we can see the top gainers for the past week. Massive shout out to Emilio. I appreciate the super chat. Fam, you're way too kind. Much love, much respect. He just said you are amazing. Nah, I think you're amazing. And I appreciate the orange so we can orange pill more mofos and help change the world. Let's freaking go. Much love, fam. But as we can see on the crypto bubbles on your screen, we got a lot of gainers overall. That means the market cap is pumping and a rising tide rises all ships and checking out the crypto greed and fear index. We're currently rated a sixty five in greed. Yesterday was a seventy two last week, a seventy and last month a forty nine, which is neutral. So there you have it, my fam. What's your thoughts on the current Bitcoin price action? Let me know. Are you pumped up for Moomvember? I sure as hell am. Let's dive into our Bitcoin technical analysis for the day. Check out the charts with a Bitcoin price action is likely to go next. Bitcoin broke below thirty five G's baby after the November 2nd Wall Street open, as analysis warned of overheated derivatives. As you know, derivatives are financial tools of financial destruction. Yeah, for real. Now Bitcoin under does the post fed gains. We're currently tinkering just under that thirty five thousand, which is now back at a resistance. The highs had come on the back of the encouraging language from Jay Powell, the chairman of the Federal Reserve, who in a speech suggested the interest rate hikes might soon end. Now, the Fed opted not to change the rates at the latest meeting on the Federal Open Market Committee, which was November 1st quoting their press release. Recent indicators suggest the economic activity expanded at a strong pace. In the third quarter, job gains have moderated since earlier in the year, but remain strong and the unemployment rate has remained low. Inflation remains elevated and accompanying press release stated. They also shared here that the U .S. banking system is sound and resilient. Sure it is. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring and inflation. The extent of these effects remain uncertain. The committee remains highly attentive to inflation risk. We all know they're full of ish, right, to say the least. And quoting crypto analyst, Bitcoin breaks out, reaches a new yearly high, which is currently just shy of 36 G's. Now, not a massive breakout, but as long as we say above 34 .8, which we currently are, the next target is 36 .5 to 37 ,000. And the altcoins will follow after, which is typically what seems to go down. Now, down over a thousand from its highs. Bitcoin was worrying some with derivative markets, particularly in the focus, quoting Charles Edwards at Capriole Investments. All Bitcoin derivatives markets are overheated at present. This captures the perps, futures and options. Stay safe out there. And also, we have reacting popular trader school agreed that arguing it was now the spot market to charge of saving the Bitcoin price strength, as he shares here, something to be aware of when sizing up positions currently, when derivatives get hot. This puts increasing focus on spot market to support the current prices and the trend. That's right. In his own analysis, we also had material indicators concluding caution should be applied to the current Bitcoin trading environment, meaning expect more volatility ahead and uploading the snapshot of liquidity on the Bitcoin order book for the largest global exchange, Binance. It warned support levels were apt to disappear quickly. A form of a rug pull. So you have been warned. Newcomer support gaining liquidity at this time lay at both 34 and 33 .5. So there you have it, fam. Again, how many of you are currently bullish on that? King crypto. And with that being shared, now let's discuss our next story of the day. The latest from Michael Saylor. He was recently interviewed on the news and shared some very positive sentiment in the Bitcoin market. Also, he has been a dollar cost averaging and stacking stats. This week, the Bitcoin price came within a hair of thirty six. I think we hit like thirty five nine ninety during our watch party before abruptly reversing and correcting to thirty four to fifty. But after nearly a 30 percent run over the past month, it is natural for the price to cool off as some traders take profit and market participants evaluate whether or not the catalyst for the rally remain valid. Now, despite the intraday price action, which saw almost five percent drawdown, a number of analysts remain bullish on Bitcoin naturally, and some expect another gamma squeeze. If the Bitcoin price manages to push through the thirty six three hundred level, we're only like four hundred dollars off of that right now. Just FYI, permables like MicroStrategy CEO Michael Saylor appear unbothered by the whipsaw price action. And on November 1st, MicroStrategy announced the October purchase of one hundred and fifty five more Bitcoin for five point three million. As the outlines here in October, MicroStrategy acquired additional one hundred and fifty five BTC for five point three million bucks, now holding one hundred and fifty eight thousand four hundred BTC like, whoa, and what's the most mind boggling? Saylor didn't even get into Bitcoin until twenty twenty. So it goes to show you someone can come here in twenty twenty three and become an even bigger whale than Michael Saylor. In fact, the likes of the Black Rocks of the world put Michael Saylor to shame because we're talking about mega mega mega whales on a massive scale. And when asked about the upcoming Bitcoin having during an interview on Squawk Box, here's what he had to share. Most of the natural sellers of Bitcoin in the market right now are Bitcoin miners and they have to sell to cover their electricity bills and capital costs and retire their debt. That's about a billion dollars per month worth of selling into the market. The protocol forces that to be cut in half as of next April or late April. And he also says, so you're going to see twelve billion bucks of natural selling per year converted to six billion of natural selling a year and at the same time as things like the spot ETFs increase the demand for Bitcoin. So that's why all of us are fairly bullish over the next 12 months. How many of you are bullish? Let me know. Demand is going to increase and supply is going to contract. And this is fairly unprecedented in the history of Wall Street. That's what's up now is a pretty ideal entry point for Bitcoin, according to Saylor. Also, he was recently interviewed and I actually transcribed this video clip when he was speaking on Squawk on the street. And I feel this is very relevant. Here's what Saylor says for the industry to move to the next level. We need to migrate to adult supervision. We're going to need the big banks to become the crypto custodians. We're going to need Wall Street to take a role and we need to rationalize away from the one hundred thousand crypto tokens. You know, the yo yo coins that people are manipulating to Bitcoin. Bitcoin is an asset without an issuer. It is the one universally recognized protocol that is a commodity in the space. And so when banks on Wall Street and responsible custodians are managing Bitcoin and the industry takes its eyes away from all the shiny little tokens that have distracted and demolish shareholder value, I think the industry moves to the next level and we 10x from here. Now, what's another 10x from the current price action we're talking about roughly? What is that? Three hundred and fifty thousand dollars per BTC. Send it and let's frickin go. Also quoting him here, I think the liabilities or the early crypto cowboys, the crypto tokens, which are unregistered securities, the unreliable crypto custodians for the industry to move to the next level. We're going to need to migrate to adult super vision. And I shared with you the rest of that quote. So there you have it. Let me know if you agree or disagree with the one and only giga Chad Michael Saylor. Next story of the day. This is breaking news. SBF has been found guilty in all seven fraudulent charges. Yeah, this is wild. Yeah, here we go. I'm going to read all this to you. Former FTX CEO Sam Bankman Freed was found guilty of all seven charges by a jury in his criminal trial in New York after about four hours of deliberations, meaning it didn't take long. Bankman Freed was found guilty of two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy and one count of money laundering conspiracy. Good Lord. That's a lot of charges and it's just getting started. He'll be back in court in March to continue with some more charges to probably get guilty of. We'll return to the court for sentences by New York District Judge Lewis Kaplan March 28th. So that's the date is right before the having. Government prosecutors will recommend a sentence, but Judge Kaplan will have the final say. Now, Bankman Freed's crimes each carry a maximum sentence of between five and 20 years in prison with the wire fraud, wire fraud conspiracy and money laundering conspiracy carrying a maximum of 20 years sentence in a press conference outside the court, the New York Southern District U .S. Attorney Damian Williams called Bankman Freed's crimes a multibillion dollar scheme designed to make him the king of crypto, right? The Michael Jordan of crypto, the Warren Buffett of crypto and of one the biggest financial frauds in American history, Bankman Freed's attorney Mark Cohen said in a statement, we respect the jury's decision, but we are very disappointed with the result. Naturally, Mr. Bankman Freed maintains his innocence and will continue to vigorously fight the charges against him. Anyone here in the chat. We have over 200 people in the live. Anyone believe he is innocent? I am just curious if there's any outliers out there. Anyways, other key FTF execs, including former Alameda CEO Caroline Ellison, FTX co -founder Gary Wang and former engineering head Nishad Singh have all pleaded guilty to various charges and work with the government to testify against Bankman Freed in the five week trial. Now, Bankman Freed had pleaded not guilty to all the charges. And during his trial, he took the stand to maintain his innocence against the best wishes of his lawyers who told him to shut the what up, just saying, and marking the FTX November 2022 collapse as a number of big mistakes I made. He denied any wrongdoing in the FTX relationship with Alameda, attempting to distance himself from key decisions, which we all know is not true, according to the testimonies of their execs, Bankman Freed pinned the blame on Gary Wang for creating a function that allowed Alameda to trade funds on FTX that it didn't have and claimed he wasn't entirely sure what happened. Oh, I don't know what happened with Alameda's line of credit, which ballooned to billions in the collapsing crypto market of 2022. In his testimony, he also blamed Caroline Ellison for not focusing on risk management. How are you going to blame your ex? That's just why. Anyways, he didn't believe he defrauded FTX customers by taking over eight billion worth of their funds. Instead, he framed it as Alameda just borrowing from the exchange. Yeah, borrowing from investors without their permission is called stealing. I just wanted to point that one out. Now, Max Kaiser responded to this attorney who spoke out and he said, this is tough talk when it comes to the minor league, the drug Adderall ish coiner like SPF, but where's all the bravado when Jamie, the tapeworm diamond, the best the CEO, JP Morgan Chase, gets caught manipulating markets and defrauding the public again or the next crooked Warren Buffett bailout? You talk a good game, but you're no different than SPF. And I think Max makes some excellent points. The big dogs get away with this all the time, of course, but clearly there's levels to this ish, if you know what I mean. Now, what are your thoughts surrounding this case? How do you think this will likely continue to play out in March as they continue with the court trial facing more charges he's up against? Let me know, fam. I appreciate that. I got some very bullish predictions to share with you. In fact, I'm going to be sharing with you the top five Bitcoin price predictions for twenty, twenty four and beyond. Bitcoin continues to circle its highest levels in 18 months. Again, the annual high for the year is currently almost thirty six thousand dollars, but let's dive right into the predictions. First and foremost, Matrix Port predicts forty five thousand within two months. So two months from November would mean January. I could definitely see Bitcoin hitting forty, fifty thousand easy peasy before the halving. But let me know your thoughts. Now, that prediction came from Matrix Port, the crypto trading firm founded by Jihan Wu, himself a founder, a Bitcoin mining giant Bitmain in a blog post in late October. Matrix Port doubled down on a forty five thousand year end price targets. That's the Christmas target. Let's go, Santa, which is initially revealed in January. It was based on a handful of in -house models with Matrix Port also successfully predicting Bitcoin's October gains. Quitting them here, Bitcoin is breaking above the July thirty one five resistance showing that forty five is achievable by the year's end. And again, I think that's a very doable target. But let me know your thoughts. The next prediction comes from Bitcoin. They say new all time high pre halving. I also agree with that, especially if we get the ETF approval. I would anticipate above and beyond sixty nine thousand before the April twenty twenty four halving, but that's only if you know what I mean. We'll see how this plays out. The halving is a watershed moment. We all know the blocks of subsidies get cut in half for the miners in September. Bitcoin stated Bitcoin would surpass its current sixty nine thousand peak before April of twenty twenty four. Now they shared here, no, Bitcoin is not going to top before the halving. Yes, it's going to reach a new all time high before the halving. No, Bitcoin is not going to one hundred and sixty G's because the magnitude of every pullback is large. This means it'll peak after the halving in twenty twenty four. And yes, the target price is around two hundred and fifty thousand dollars. I love that. That's right in alignment with Max Keiser's short term target of two hundred and twenty thousand. Now, they also shared this chart. Both the all time high and the post halving two hundred and fifty thousand target came courtesy of the Elliott Wave theory charting, which we cover commonly here in the show with Bitcoin mimicking the behavior from the previous cycles. And you can see their estimation of how the Bitcoin price is likely to rise is coming directly from Bitcoin. Now, Bitcoin did, however, make room for a total of four pullbacks. As outlined in this chart, you can see one, two, three, four. Before we hit the peak at five, quoting them here, there will be one pullback before breaking to a new all time high, followed by another pullback at around one hundred and twenty five thousand. Additionally, there will be two more pullbacks after the halving, which are not demonstrated here. Now for the next one, three Bitcoin price models, one hundred and thirty thousand dollar target zone. That's right. Let's freaking go. Quoting CryptoCon here, I'm prepared for the lower prices, but the stars are aligning at one hundred and thirty for the Bitcoin this cycle. And the concept also hinges on the halving events and the next peak should come around four years after the sixty nine thousand dollar move in November of twenty twenty one. We all know everything is cyclical and Bitcoin every four years driven by the halving. Now the one million dollar question. How about a one million dollar Bitcoin price target leads us to Kathy Wood of ARK Invest, the CEO and chief investment officer, has joined former BitMEX CEO Arthur Hayes in doubling down on her seven figure price prediction when this could happen, understandably up for debate. But changing macroeconomic tides have emboldened what remains a daring Bitcoin price prediction. In October, Hayes maintained that the path to a one million dollar coin was in full effect thanks to the macro reality. Now quoting BlockWorks on the Margin podcast right here, this was shared actually on an interview. If people lose faith in the bond market and this fiat artificial construction we have created over the past 80 to 100 years, this global economy and how it has been structured, if we lose confidence in that, then the amount of money that's going to be looking for an alternative is going to be something that we have never seen before. He shared over in an interview and speaking of Kathy Wood, she was just on Bloomberg and here's what she shared when she was asked, what's a better hedge against inflation? Is it Bitcoin or is it gold? And very boldly she said, Bitcoin hands down, hands down is a hedge against both inflation and deflation. Yes, so is gold, but Bitcoin is digital. And if you look at the incremental demand we are going to see, but gold already has its demand. You know, it happened already, right? Bitcoin is new and institutions are barely involved in the young people would much rather prefer to hold Bitcoin than hold gold preach. So it's interesting that both gold and Bitcoin are hedges against deflation, but Bitcoin has been doing better recently preach and Bitcoin naturally will consider outpacing gold. I think it was Max Kaiser who said for every dollar, the Bitcoin price action increases. I'm sorry for every dollar, the gold price increases expect Bitcoin to go up by over $20 meaning it will continue to outpace gold by a factor of 20. Let me know if you agree or disagree fam. And we spoke about Kathy Wood and her a $1 million price prediction. In fact, she even has a bullish case scenario by the year 2030 of Bitcoin hitting $1 .48 million. Keep that in mind. But now let's discuss Arthur Hayes, the BitMEX founder predicting Bitcoin price to rally 2700 % taken us to $1 million per coin. And then we'll dive into the latest updates with the likelihood of the spot Bitcoin ETF being approved this month in November. According to the major asset manager, here we go. BitMEX co -founder Arthur Hayes is doubling down on a prediction. The Bitcoin is destined to reach the seven figure price. Hayes says that a monetary policy tool known as the yield curve control will act as the catalyst for Bitcoin to reach that 1 million Mark, a gain of around 2 ,700 % from the current level. Send it, let's go. Central banks use the yield curve control to influence the longterm interest rate level by buying longterm bonds as much as possible to prevent the rate from rising above the intended target. And according to Hayes, the entire U S government is enabling a loose monetary policy environment. Even as the fed continues tightening. Now the BitMEX founder first predicted seven figure Bitcoin earlier this year in March in that essay, which I covered here on the show. And at the time, he argued that China's loosening of his monetary policy would trigger Bitcoin to explode to $1 million per coin. Hayes also says the decision by the fed mid this week, uh, pause the rate hike interest rate suggests it's time to pump it up, pump, pump it up. And according to the BitMEX founder, the feds decision would trigger other central banks to also ease their monetary policy. Quoting him here over to you, BTC, let's go. I shall increase the pace of my rotation out of treasury bills and into Bitcoin and ish coins. Now that the fed had paused over two meetings, every other central bank has cover to print expect massive stimulus coming from China, Europe and Japan. So there you have it coming directly from crypto Hayes. Just blaze. Let's get it now for the moment you have all been waiting for. Let's dive into our featured story of the day and discuss a Bitcoin ETF being approved this month in November. And what would that mean for the crypto market? Let's break this baby down. We have Steven McClurg, the chief investment officer at Valkyrie investments has put forth a strong indication that a landmark approval from the U S SCC for a spot Bitcoin ETF can transpire by the month's end. Send it and let's go. The approval of the spot ETF is currently one of the biggest factors influencing the Bitcoin price as well as the entire crypto markets trajectory. You can say that again now alongside the financial giants such as black rock, the world's largest asset manager fidelity, which is about half the size of black rock. We got Vanek, we got Invesco, we got Valkyrie, one of the companies at the forefront of the battle with the SCC over the spot ETF. We also have grayscale. Don't forget the GBTC product. We have the firm managing to Bitcoin related ETFs at the moment. Now Valkyrie Bitcoin and ether strategy ETF and the Valkyrie Bitcoin miners ETF with a combined asset value of 51 .1 million at this time. And they also have active filings for spot Bitcoin ETF. Now McClurg, citing the latest amendments to Valkyrie spot, Bitcoin ETF app anticipates the SCC will issue another series of comments within the next weeks, potentially setting the stage for the approval of the 19 before rule changes by the end of the month. Send it quitting him here before anything else happens, we get a second round of comments and I believe we'll probably get those comments in the next one to three weeks. A late November approval likely means a February launch. So note that if we get the green light in November, it means the Bitcoin ETF would likely launch a few months later in February, which would be right in time again for the Bitcoin having. Now he also shared with ETF .com this interview suggesting a timeline for the SCCs response to these crucial amendments. He also argues the SCC can wait until January to ask the applicants to put the final touches on their S one filings. That's the other alternative scenario. Now Nate Geraci, host of the ETF prime pod explain that Valkyrie CIO suggests SCC can approve the 19 B fours exchange rule changes for the spot Bitcoin ETFs by the end of November and then the S one registration statements early next year. These don't have to be approved at the same time, so keep that in mind. Though they need both for the ETFs to begin trading. Now in recent weeks, the SCC has been actively communicating with ETF apps and disclose that the agency is carefully scrutinizing all spot Bitcoin ETF apps. The focal points of the SCCs inquiry have pertained to the comprehensive explanation of various risk disclosures, methodologies concerning index usage and net asset value computations, environmental risk inclusions, as well as detailed insights into custodial practices. Recent amendments to filings by entities such as BlackRock and VanEck have been augmented to eludicate how initial fun seating could be conducted and also note that BlackRock already began seeding their ETF back in October, which was last month. This is something that Larry Fink their CEO has already disclosed. Now because of that, industry experts remain cautiously optimistic. We have Matt Hogan, the CIO of bitwise asset management, highlighting lingering concerns, quitting him here. Market manipulation is still a potential stumbling block. Custody isn't a wrap, so there is still a lot of work to do, he stated. Now the anticipation isn't purely speculative. The man forecast suggests substantial interest. McClurg envisions about 10 billion bucks flowing into these products within the first one to two months post launch. While bitwise projects 50 billion in inflows within the first five years. I think that's extremely conservative. I could see trillions of inflows within five years, but hey, to each their own. Valkyrie revised its spot Bitcoin ETF filing October 30th a few days ago with an S1 registration statement submitted to the SCC outlining the Valkyrie ETF. The proposed fund shares are intended to be listed under the ticker BRRR on the NASDAQ stock exchange. Valkyrie updated their app and a part of a wider trend as several firms have similarly refiled their spot ETF apps signaling a concerted effort toward regulatory compliance and optimism for approval. Bloomberg ETF analyst, James Saferard identified these amendments as positive signals for progress and possible imminent approvals. Let me know which you think will get the green light first from the SCC. We all know it's imminent. We all know it's going to happen, but when is it going to be November? Is it going to be December? Could it be January? Could it be March? Let me know in the live poll we have on the screen. I have some bonus content to share with you before we dive into the live Q and A. This is from jury and Timur. Why is this so relevant? He is the head of macro at fidelity fidelity being a four and a half trillion dollar asset manager. He's the one who predicted a billion dollar Bitcoin price by the year 2038 and here's something he just recently shared. He shares some incredible threads I want to share with you. Bitcoin is volatile, but it's scarcity and adoption curve create the potential for it to be a high powered hedge against monetary shenanigans. I think of it as exponential gold and in this chart it shows you Bitcoin going past $1 .2 million per coin. That's pretty sexy. Gets me excited as he shares here. One of the attributes of Bitcoin is that it's a network asset and as such it's adoption curve has followed the typical S curve shape. We have seen many of the S curves throughout history and he continues here in the thread. The question, where is Bitcoin's journey along that S curve? A network assets value is driven by its adoption curve, so the slope of that curve matters a lot. Makes a good point. And when I first went down this rabbit hole in late 2020 it's adoption curve, which I defined as the number of non -zero addresses was very steep. It resembled the S curve for mobile phones during the 1980s and the 1990s, which was pretty promising. I'm going to read you a few more now. However, as the real rate narrative changed from dovish in 2020 to hawkish in 2022, the adoption curve flattened and it is now closer to the slope of the internet adoption curve from the two thousands and it has not made much progress since 2021. Now we also had some other threads which are very valuable. I'm just going to read the lead part of it 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? There's some very insightful data. If you want this, check the show notes below the video in the description. I'll include all of this. And he had one more good thread continuing the discussion from the recent thread on Bitcoin. I highly recommend you check this out because again, this is the head of macro over at Fidelity, one of the world's largest asset managers. So there you have it, my crypto fam and don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in our live Q and a, and I look forward to seeing you on tomorrow's episode.
A highlight from 1447: Max Keiser: Bitcoin will reach $10,000,000 per coin
"In today's show, I'll be breaking down the latest Bitcoin technical analysis and this just in, there are now nearly 40 million Bitcoin addresses in profit, which is a new record. So congratulations and shout out to my long term hodlers. Also in today's show, as I shared, the Bitcoin white paper turns 15 years old today as Satoshi Nakamoto's legacy lives on. Let's go. Also in today's show, crypto asset manager Valkyrie amends their spot Bitcoin ETF filing. I'll be breaking down this latest update, as well as a Bitcoin rally to $50 ,000 per coin is now on the cards as the Bitcoin bull market arrives. According to top crypto analysts, I'll be sharing his timeline. Also in today's show, Max Keiser joins the Alex Jones show to predict the latest Bitcoin trends and price predictions and warns of suicide bankers that will destroy the world. Not only that, but Max Keiser gives Alex Jones a simple, very simple five question Bitcoin quiz for 10 ,000 Bitcoin worth $350 million in today's terms. I'll be breaking all this down for you. 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 dot net. Welcome, everyone, to podcast episode number fourteen hundred and forty seven of the Cryptonewsalerts pod. Today is Bitcoin's birthday, October 31st, 2023. Bitcoin is 15 years old and I'm your fearless host, JV. We have lots to cover, as we always do. So let's kick it off with our market watch. As we can see, you should be able to see Bitcoin barely in the green, holding on to thirty four thousand four hundred support. We also have ether barely in the green, a little bit of boring trading sideways action. But if we check out, you know what they say, when in doubt, zoom out. Right. Let's check out the seven day coin 360. Bitcoin's now up four percent. You got XRP up nine percent. Let's zoom out a little more and check out the one month price gains. Let's freaking go. This is a testament that October in full effect, Bitcoin is up almost twenty eight percent this month. Let's freaking go. That's pretty massive. And let's not forget, we're moving into moonvember tomorrow. So do you think we're going to surpass forty thousand? I think so. In fact, if I was a betting man, I'd bet on it. Now, if we zoom out, can we even zoom out a little more? Let's see here. Well, let's switch it up. Let's go to coin market cap dot com. We can see the crypto market cap currently sits at one point two eight trillion with Bitcoin dominance at fifty two point eight percent and the ether dominance at seventeen point one percent and checking out the top one hundred crypto gainers within the top or in the past twenty four hours. We got Celestia, which I've never even heard of before. Up sixteen percent. We got XDC up six percent trading at five cents, followed by TonCoin up five percent trading at five dollars and thirty three cents and checking out crypto bubbles. We can see the top gainers for the past week. We have a mixture. Some are in the red, some are in the green. And let's zoom out. Let's check out the weekly massive gains in the green. Let's check out the monthly. Wow. Incredible. Some of these alt coins are up 50, 60, 70 percent, which is pure insanity. E -Hacks is up one hundred and forty five percent. What about the annual? Holy moly. And let's check out the market cap plus the week and we can see Bitcoin and a big bubble at three point three percent, followed by ether at two point nine percent and checking out the crypto greed and fear index. We're currently rated at sixty six, which is greed. Yesterday, a sixty eight. Last week is sixty six and last month a forty eight, which is neutral. So there you have it, fam. Yeah. So let's kick it off with our Bitcoin technical analysis. Check out the charts with the Bitcoin price action is likely to go next. Here we go. Bitcoin's price trying to push towards the coveted thirty five thousand level. The current high for the year is thirty five thousand two hundred, but has so far been unable to progress. The rest of the crypto market seems to continue with its consolidation, with some of the alts performing better than others. So let's start with Bitcoin here. The Bitcoin price was trading above thirty four G's and seemingly pushing for the thirty five level. And right now we're right in between those two marks. Today, the price remains above thirty four, roughly thirty four five at the time of the live, but is unable to reach the coveted resistance level and is currently at a loss, but barely. We're, you know, kind of tinkering. And liquidation data is also interesting to monitor. According to Coin Glass, the total liquidations for the past twenty four hours are just short of one hundred million bucks. Most of these were long positions accounting for sixty three percent of the total. This shows that the bears were more dominant over the period. Now, the majority of the liquidations, as always, happened on Binance, which is the largest crypto exchange in the world, followed by OKEx and Bybit. And I'm curious, what's your go to recommended crypto exchange? Do you use Binance? Do you use OKEx? Do you use Bybit? Do you use Coinbase? Do you use Kraken? Let me know, fam. And let's now check out some of the technicals specifically for Bitcoin. Right now, as you can see, the oscillators on the left, we have three cell signals. We have seven neutral and one buy signal. And that one buy signal is the MACD, which you can see here on your screen. Now, if we scroll to the right a little bit, we can see for the summary, there's currently eight neutral signals. There's four cell signals and 14 buy signals, which is definitely a bullish indicator. And for the moving averages, which may be cut off on your screen, but I can read it to you. It shows you sell signals, only one neutral, only one. And we have freakin 13 buy signals right now. The market is ripe and ready for continuation of some momentum. So let's freakin go. Now, let's break down our next story of the day and discuss some technicals, which are definitely bullish for Bitcoin. As you can see here, there are now nearly 40 million addresses in profit. If you're one of those 40 million Bitcoin addresses in profit, make some noise in that live chat and let's freakin celebrate. I mean, that's a massive victory, to say the least. Bitcoin has more wallet addresses and profit than ever before. Despite Bitcoin's price being 50 percent below the all time highs. That's right. Right now, you can buy Bitcoin two for one special, but it's not going to last for long. So seize the moment, fam. The latest data is from on chain analytics from Glassnode showing a record number of addresses in the black. Bitcoin may be nearing 18 month highs, but its recent gains were already enough to spark the significant changes in investor profitability. Shout out to relaxing and meditation music. I the appreciate ten dollar super chat. Much love, much respect. Keep it coming. Let's go. Per Glassnode data, the number of addresses in profit as of October 30th was thirty nine point one million. This is the highest number ever recorded for the Bitcoin users and beats the previous peak of thirty eight point one million seen back in November of twenty twenty one. And does this date ring a bell? That's at the time we hit the all time high of sixty nine thousand. Now, at the time, Bitcoin itself traded at those all time highs and thus 100 percent of the addresses in existence with a non -zero balance were obviously in profit. And while the current spot price remains 50 percent lower than those levels, the total non -zero addresses now number forty eight point three million, as you can see here in this chart. And it's just likely to continue soaring and rising. Bitcoiners taking over the world. Yeah, I mean, in percentage terms and profit addresses, they have yet to match their performance in absolute numbers, but nonetheless, at 18 month highs of eighty one point one percent. Let's go. The tally has gone from 60 percent to over 80 percent over the past two months, as Glassnode shares here in the chart. And by contrast, addresses at a loss currently stand at just over nine million at their peak in December of twenty twenty two. Following the FTX meltdown, the total was over 20 million. Now, as reported, the past week has seen the Bitcoin price action pass multiple resistance levels while returning both the long term and short term hodlers back to profit. This in turn sparked profit taken at the much more speculative end of the hodler spectrum, especially as the market passed thirty four G's. Now for crypto analyst Van Stratton, research and data analyst at Crypto Insights Crypto Slate. This underscores the difference in mentality between the cohorts, quoting him here. Bitcoin has shown remarkable strength above thirty four thousand for the past five days while witnessing one of the strongest profit takings in the past two years for the short term hodlers. Now, long term hodlers have barely budged the six largest profit taking this year, but minimal in the grand scheme of things and accompanying the charts from Glassnode tracked these inflows to the exchanges from the long term hodlers and in profit to the short term entities as outlined here in these charts. Now, let's break down the 15 year birthday, the 15 year anniversary of Bitcoin. I mean, this is phenomenal that Bitcoin has been in existence for 15 years. Imagine if you would have knew about Bitcoin back on October 31st, 2008. Talk about a small circle. But yeah, today marks 15 years since the synonymous creator of Bitcoin, the one and only Satoshi Nakamoto, who Alex Jones claims Max Kaiser is maybe because Max holds as much Bitcoin as Satoshi. Who knows? But anyways, shared the Bitcoin white paper to the mailing list of cryptographers on October 31st, 2008. This was after the financial collapse, fam, and a date also annually celebrated as Halloween, quoting the the white paper here. I have been working on a new electronic cash system that is fully peer to peer with no trusted third party, as Satoshi famously said in the opening sentence before linking the document titled Bitcoin, a peer to peer electronic cash system. Holy moly. I mean, again, this is legendary. This is history in the making. You're witnessing firsthand the white paper proposed the decentralized system that could facilitate peer to peer transactions, which can solve the double spending problem often associated with digital currency in which it did. It proposed to achieve this via a network of nodes, validate and record transactions through the proof of work consensus mechanism, launching just two months later, officially on January 3rd, 2009. Satoshi's computer science breakthrough came on the back of other impressive developments in the cryptography and e -money spaces. The first reference cited the Bitcoin white paper is Wade's invention of B money, an electronic peer to peer cash system that never launched, but nonetheless played a key role in Satoshi's plans for Bitcoin and like Bitcoin B money. And I'm curious how many of you have ever heard of B money? We have all heard of B rabbit from 8 Mile, but B money, I've never heard of that one, proposed that participants in the system maintain a database of account balances, which keep track of the ownership of money. Transactions would be initiated and completed by a broadcast message to all participants, which would update the account balances of those involved in a specific transaction. In many ways, it could be seen as a precursor to the nose of the Bitcoin protocol, which keeps a record of the constantly growing blockchain. And I'm curious, how many of you run your own Bitcoin node? Let me know in that live chat. Fam, this process requires proof of work, a form of cryptographic proof in which one party proves to others that a certain amount of the specific computational effort has been expanded. Now, Satoshi implemented this into Bitcoin, citing Adam Back's invention of hash cash in 1997. Shout out to Adam Back, the creator of, I believe it's Blockstream, now, which incorporated proof of work to limit the email spam of denial of service attacks, as shared here by Crypto Leroy, the cypherpunks and fathers of Bitcoin, Hal Finney, he created the reusable proof of work. We got Adam Back, who created hash cash, Wei Dai, who created B money, David Shum, who created DigiCash. We have Nick Szabo, who created BitGold, Phil Zimmerman, who created PGP, Bram Cohen, who created BitTorrent, and Tim May, who is the crypto Antichrist Manifesto, and of course, the one and only Satoshi Nakamoto, who gets credited for the discovery of Bitcoin. Now, Bitcoin's timestamp server works by taking a hash akin to a unique serial number, a block transactions and time stamping, and when the block is added to the Bitcoin blockchain, which we all know. And as Crypto Shama points out here, also giving credit to everyone involved with some of the early developments for the technology that led to Bitcoin. So shout out to all of them, including Max Keiser. If you didn't know, Max Keiser has a patent, I believe the first one for digital currency back in the 90s. That's all on record, fam. So this is pretty amazing. Now, the genius in Satoshi was the puzzling of these pieces into a fully functional system. According to Lop, quoting him here, there is no single piece of the puzzle that I think is more important than the others. Nakamoto's genius was not any of the individual components of Bitcoin, but rather the intricate way in which they fit together and breathe life into the system. Preach. Now, mainstream media highlighted Bitcoin's increased use by criminals, which we know is nothing more than FUD. We got Senator Elizabeth Warren, also Cynthia Lummis pushing those FUD narratives, which suck. We also know Bitcoin became a legal tender in El Salvador, which was the country to adopt Bitcoin as a legal tender, which has been a game changer for their entire country. And I feel we're going to have many other nations lead in the footsteps of Bukele as well as, you know, El Salvador in adopting Bitcoin as a legal tender. So, yeah. Happy birthday, Bitcoin. I'm wishing you another successful hundred and fifty years after these 15 years. You know, the final Bitcoin is not going to be mine, I believe, until the year 2140. Crack me if I'm wrong, but that's a very long time from now. Now, let's break down our next story of the day. Valkyrie updated their ETF filing. We all know right now all eyes on spot ETF. So let's break down this latest development. Digital asset manager Valkyrie Investments, the latest firm to amend its spot Bitcoin ETF filing with the US SEC Valkyrie filed the updated spot Bitcoin ETF with the US SEC October 30th, which is yesterday, according to the SEC database. Now check it. The updated form as one registration statement from Valkyrie Bitcoin Fund aims to offer investors the opportunity to invest in common shares backed by Bitcoin. The shares represent units of fractional, undivided beneficial interest and ownership of the trust and are expected to be traded under the ticker symbol BRRR, just like money printer continue to go kind of cool on the Nasdaq stock market, quoting them here. The information in this prospectus is not complete and may be changed, according to Valkyrie, stating in the filing, adding the firm is not allowed to sell BRRR securities until the registration statement is officially effective. The amended filing comes about a month after the SEC delayed its decision on the Valkyrie Bitcoin Fund in late September. Meanwhile, Valkyrie's updated spot Bitcoin ETF joins at least six others recently amended spot Bitcoin ETF filings made by the following Bitwise, BlackRock, Fidelity, Grayscale, VanEck and ARK Invest. And according to online crypto ETF analysts, the ongoing Bitcoin ETF amendments can be translated as a good sign, definitely a good omen, in my opinion, of the progress and impending approvals. Valkyrie's latest spot Bitcoin ETF update is yet another evidence of movement happening behind the scenes. Bloomberg ETF analyst James Safart believes, quoting him here from X Update, Valkyrie joins the prospectus amendment train for the spot Bitcoin ETF. Things are still moving behind the scenes and following the recent amendments, at least five of the rest of the known spot Bitcoin ETF filers have not updated their filing. So expect them soon, including firms like Wisdom Tree, Invesco, Galaxy, Global X, Hashdex and Franklin Templeton. The SEC currently has a whopping eight to 10 filings at the desk of the chairman, Gary Gensler. But the million dollar question becomes, will Gary Gensler do anything about this and accept any of these spot Bitcoin ETFs? Congress is putting the pressure on Gary. He says you need to prove the spot Bitcoin ETFs immediately, with that key word being immediately. There's some deadlines that are due soon, including ARK 21. I believe it's January 10th. I personally feel we're going to get the green light from the SEC before the Bitcoin having creating the perfect storm. Let's move on to our next story of the day. We covered the ETF filing. Now let's discuss a potential $50 ,000 Bitcoin rally here incoming, according to crypto analysts, Michal Benday Pop, before I break down the latest with Max Kaiser recently on the Alex Jones show. Here we go. A widely followed crypto analyst believes Bitcoin has officially entered the bull market territory and is now primed for a rally towards $50 ,000 per coin. Send it and let's go. We got Michal Benday Pop, who shared on X that the Bitcoin bull market is here. I would agree. What are your thoughts, fam? Benday Pop predicts the Bitcoin will rally as high as $50 ,000 per coin in the coming months before witnessing a pullback and surging to a new all time high. Quitting the analysts here, I think we'll see Bitcoin hit resistance at 38 Gs, baby, but most likely will continue towards 45 to 50 ,000 per Bitcoin pre having after that consolidation and sideways action for a long period before we start making new all time highs. And this is the chart which you can see here in your screen, which if you analyze it, he appears to predict Bitcoin will see $50 ,000 in January of 2024. What is that? November or November's tomorrow. So December, two months. Send it. I love it. Right in alignment with Credible Crypto, who's predicting $48 ,000 in the next two weeks. Let's go. I hope they're both right. The halving, which had historically coincided with the Bitcoin bull run, slashes the Bitcoin mining rewards, as we all know, in half, which is slated for April 2024, under six months out. And for now, Benday Pop thinks Bitcoin's in the midst of a consolidation period and a dip below $33 ,000 is still on the table. Quoting him again alongside this chart, Bitcoin technically constructing a range here slight correction towards $33 ,300 and quickly bought up if the lower boundaries are reached. Probably sentiment will flip bearish the $32 ,800, but that would signal a great long opportunity touche. Now let's break down our featured story of the day and discuss Max Keiser, who was just recently interviewed on the Alex Jones show. He was invited back. And let me share with you a little the back story, just in case you don't know the back story. Now, back in the day, maybe it was 2014, many years ago, Max Keiser, being a kind hearted gentleman, went on the Alex Jones show and he gifted Alex Jones 10 ,000 Bitcoin. I don't know the exact value of the Bitcoin at that time, but I can tell you what the value of 10 ,000 Bitcoin is in today's prices. If you run the math, that is freakin 350 million dollars. Long story short, Alex Jones claims he lost the laptop that Max put the Bitcoin on. Therefore, he has none of it. So Max being the kind hearted gentleman he is, he said, let me come back on the show now. And he actually just released this episode yesterday. So this is brand new, breaking all these predictions and everything I'm sharing with you. And I'm going to give you a basic quiz on Bitcoin, Alex. And if you can answer these five questions, I will give you another 10 ,000 Bitcoin valued at roughly three hundred and fifty million dollars per coin. And so Alex invited Max on the show. They did the quiz. Here are some of the highlights of the show I'm going to be sharing with you. However, if you want to watch it live with me, we're going to be doing a live JV react session exclusively on Rumble after the show stream ends on YouTube. We're going to be watching it together where Max is quizzing Alex and I'll be reacting live to the video. It's something I've never done before. Live reacting to these videos, but I think it's going to be phenomenal considering it's brand new content. Many of you have never seen it before. So make sure you're following me on Rumble because it's going to be lit. But first and foremost, here are some of the highlights from this recent interview. I posted it yesterday exclusively. I was the first one to post the entire interview on X. I already got over 500 hearts, 166 retweets and over fifty two thousand people viewed it. Here's what I wrote. Max Keiser joins the Alex Jones show to predict the latest Bitcoin trends and warn of the suicide bankers that will destroy the world. And here are some of the quotes regarding his predictions when Alex Jones asked them, so where's Bitcoin going to go next? Where do we go from here? Here's what Max Keiser shared. All fiat money and gold eventually goes to effectively zero against Bitcoin because it's demonetizing gold. The same way gold demonetized silver, Bitcoin will be demonetizing gold. So sure, gold will be maybe two thousand, three thousand, four thousand dollars announced. But we're talking about Bitcoin eventually going to five million to ten million dollars per coin. So you're purchasing power in gold terms is almost basically nothing compared to what's happening in Bitcoin. Preach very powerful words. And there is another quote I believe that I shared here. Let's see if I can find it. I click back on here.
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.
U.S. Media Keep Using Hamas-Controlled Numbers to Report News
"News busters cut eleven go the health ministry in gaza run by hamas says more than seven thousand palestinians have been killed nbc news now learning between two hundred and three hundred people were killed in a bombing targeting a hospital that's according to a spokesperson for the palestinian health ministry palestinian health authorities say the hospital was struck by an israeli attack hamas is saying that this was are israeli defense force that is what many people here believe what the palestinian government is calling a war crime a direct hit from an israeli airstrike this hit on the hospital directly hit by an israeli strike the hospital strike there is a sort of both sides pointing a at finger one another this kind of death toll is not what you normally associate with palestinian rockets hamas does not have the kind of munitions that can do this kind of damage hamas officials say the death toll in the gaza strip is now over six thousand hamas says israeli airstrikes have killed more than seven thousand palestinians hamas says israeli strikes in gaza have killed almost fifty hostages according to the palestinian health ministry according to the palestinian health ministry according to palestinian health officials palestinian in health officials according to hamas officials according to uh... hamas officials we spoke to a senior hamas that's not only according to hamas and palestinian authorities on the ground in gaza that's according to international rights rights groups according to people we've been speaking to a new reaction to president biden's visit to the middle east from a spokesperson from hamas there are instances in the past where the israeli military has said things in the immediate aftermath of an incident that have turned out not to be true in the long run and there's more but you get the drift you get the drift hakim jeffries on yesterday bc sunday i met mike johnson for the first time the new speaker and i have a delightful man he's quite hardcore
A highlight from Active Threat
"Which you should all be aware of. Why my generation hates Jews. My peers have been indoctrinated. She's a 21 -year -old, I think, at Stanford. You're familiar with this piece? No. Julia Steinberg. We have to have her on. I heard great things about her and her article is demonstrative of that fact. My peers have been indoctrinated to believe that Jews are oppressors. So even our mass slaughter is seen as justifiable revenge. I'm 21 years old and Jewish. Apparently 48 % of my peers want people like me dead. As of October 23rd, 64 % of 18 -24 year olds think what happened on October 7th was a terrorist attack. 77 % of us think, quote, It's true that Hamas terrorists killed 1 ,200 Israeli civilians by shooting them, raping and beheading people, including whole families, kids, and babies. But when asked, is this, in this conflict, do you side more with Israel or Hamas? 48 % said Hamas. 48 % of America's 18 -24 year olds. The left has done a good job. The left has been effective in shattering the ability to think morally in a generation of young Americans. Side with Hamas? Half? It is a poll. It is one I am familiar with. Let's see what, who put this out. It's a Harvard -Capps -Harris poll. Center for American Political Studies. The Harris poll. Wow. Half of America's 18 -24 year olds side with Hamas? Do you believe that? No. You don't believe it? What do you believe? I don't think they side with Hamas. They may... Well, even that, that's virtually as bad. No, it's not. Well, it is in the sense... No, siding with Hamas? Yeah, you're right. Siding with Hamas, okay. Well, I don't know the answer to that question. Does one believe a poll? The polls have been notoriously inactive. All right, well, we have to find how the question was praised. They have a lot of questions here about optimism, about their own life. Biden's approval rating remains just above 40 % as it has been for the last year, which proves there is no damage he can do to the country which would hurt that. GOP approval remains at about 50%. Democratic party approval, let's see, also underwater. Overall congressional approval ticked down to 30%. Here's an interesting part of this poll. Then I'll get to the Middle East. RFK Jr., Netanyahu, Haley, and Musk have highest net favorability. Isn't that fascinating? Donald Trump is the most favorable, but also one of the most unfavorable. Hillary Clinton is higher in the unfavorable. Robert F. Kennedy Jr., favorable 49%, unfavorable 30%. Joe Biden, favorable 45%, unfavorable 49%. Kamala Harris, favorable 44%, unfavorable 47%. And so on. I'm only mentioning these things to give credibility to this poll. It doesn't seem to be Republican or Democrat in its orientation. Most voters view Israel favorably just behind the U .S. military and police. See, that's a good thing to read. That's right, U .S. military is number one, 80%. Police, 67 % to 22. Isn't that something? And then Israel, 59, 21. But that includes all voters, including those above 25. Anyway, I'm going to continue with her piece. I am not surprised. In high school, my homeroom had an exercise where we made a T chart dividing various ethnicities, religions, and other identities into the categories of oppressor and oppressed. Isn't that fascinating? The indoctrination? By the way, all the anti -PragerU columns, nearly all, cite me as having said, yes, we bring doctrines to children, but tell me what doctrines are wrong. So in that sense, we indoctrinate. There is no education that doesn't indoctrinate. If teaching kids that they should treat their fellow human being decently, isn't that indoctrination? So isn't the issue in life? It's like saying Dennis Prager is pro -killing. Yes, I am. When you're killing a violent intruder in your home, who is about to murder or attempt to murder a member of your household, killing would be right. Killing is right in a just war. So saying Dennis Prager is for killing is dishonest. You have to tell what doctrines, in the case of my pro -indoctrination comment, I'm for. Women, oppressed. Straight people, oppressor. Black people, oppressed. This was on the, this was on a, you know what a T chart is? Okay. Then we reached the Jew category and we paused. This being a high school in Los Angeles, many of my classmates were Jewish. I recall we skipped it all together, but the T chart stayed on the whiteboard. If there were fewer Jews in that room, I'm confident that Jews would have gone squarely in the oppressor column. Social justice theory became part of everything. My senior English class was not about great literature, but about readings in critical theory, mostly about race and gender. Isn't that astonishing? I mean, I take that back. It's not astonishing at all. Isn't it depressing? She didn't learn about great literature. I had a non -academic weekly homeroom class in which we learned that every white person is racist and all men are evil. It took me a long time to shake off a hatred of men. It wasn't socially acceptable to disagree and no one really tried. My high school got a dean of gender studies and feminism. You hear that? How much of the education money now goes to such positions? Deans of gender theory, gender studies and feminism. At the time, one of her roles, that's fascinating, it was a woman, shocking, to help seniors write their college applications. In answer to the question, what is the most significant challenge society faces today, I wrote, it was identity politics. She gave me a note saying, that meant I was rejecting the advances of the civil rights movement. I changed it. Did you get that? Did you get that, folks? She's against identity politics and therefore, she is opposed to the advances of the civil rights movement. So, they're taught, at least in her high school, I assume in vast numbers of them, in a vast number of them, that the civil rights movement was about affirming racial identity. I understood the civil rights movement as saying your racial identity shouldn't matter. Your character identity, your individual identity, that's what mattered. Well, if Hamas are liberators, then racial identity is a healthy thing. My friends, I want to tell you about one of the most influential books of my life. In fact, it's on my list of the ten books that most influenced me. And it's just been re -released, George Gilder's Men and Marriage. George Gilder has been clear about the stakes for the family since 1974. Fifty years later, the need of the hour remains. Men who take responsibility for themselves. Men who love their wives. Men who raise their own children. Men who tackle the workforce. Motivated by their family and the needs of others. Without fathers, our civilization will simply sink back into the Stone Age. We need to bring dads back or else. Get your copy of George Gilder's classic book, Men and Marriage, today at www .dadsareback .com. Civilization is built by men with families to feed. Without the dads, we're toast. Get George Gilder's book at www .dadsareback .com.
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 It's Time To SELL Your Bitcoin For MORE PROFIT! (WATCH NOW!)
"Back we're in the midst of what we're going to call a bullback a bullback it's exactly what you heard it's a bullback it's a new term that we need to know for this bull market what it is it's a pullback in a bull market that's worth buying or that must be bought that's a bullback and we are now in the midst of a bullback on bitcoin in the interim while this bullback is happening we are getting our alts exploding i don't know if you guys have been following but stargate which we called on the show is absolutely exploded doge which we called on the show also absolutely exploded we're getting a whole lot of green bubbles arbitrums up 7 .69 gala's up 21 .74 doge is up 10 .98 and the list goes on and on and on my big question is how is it that the alts are performing better than bitcoin but the dominance is actually going up and i'm going to show you what that means because there could be a signal now that's telling you that while we're having this on bullback bitcoin we should probably be putting some money into alt so we will actually look at that today and i'll show you a few indicators that show that maybe it is a time that you should be taking some money and putting some money into altcoins and i'll show you potentially which altcoins the signal is actually flashing for then i want to talk about something completely different because you probably noticed this and you've probably seen a lot of influences talking about the great decoupling and what they're referring to is they are referring to the fact that the nasdaq has completely decoupled from bitcoin and for the last seven days bitcoin has been going up and the nasdaq has been going down in fact the nasdaq's had quite a a bloodbath equities are having a bloodbath so i'm going to show you what changed because something changed somewhere along the way in fact it changed around about here and i'm going to show you exactly what changed you saw it i saw it but i don't think at the time or right now we have put one and one together to show you what actually happened and why the nasdaq is going up and all of a sudden mysteriously bitcoin continues to go up so we're going to talk about that um and then while we're there i want to talk about whether if the nasdaq has a correction because a lot of people are now saying that the nasdaq could have a massive massive massive correction what happened to bitcoin can bitcoin survive a big nasdaq correction will bitcoin thrive if there's a big nasdaq correction or will bitcoin be treated as a risk asset and then we'll start going down so i want to talk about that and then there's one last thing i want to talk about today i think this pump may be a conspiracy so i have a conspiracy theory that this pump may be a pump that is created on purpose by the higher powers that be to distract us from what is actually going on and what's actually going on is really bad for bitcoin i know it sounds bad and i'm not usually a conspiracy theorist but at the end of the show i'm going to show i'm going to show you this conspiracy theory i genuinely genuinely genuinely believe that this pump has been manufactured to show us or to distract us from what's actually going on under the surface and what's going on under the surface is actually not really good for bitcoin so that's what i think so listen we've got a lot to do today we'll try and get through the alpha as quickly as possible but for now let's get the show on the road all right we are back we are back we are back we are bringing you we are bringing you um amazing amazing amazing coverage today we've got a massive massive massive show today but before we start the show i'm going to tell you something that happened to me last night when which will you hear it it will blow your mind so what happened was i went to bed last night bitcoin was at about thirty four thousand eight hundred dollars and i woke up in the middle of the night and i looked at my phone and i caught the absolute fright of my life why because this is what i saw i opened my buybit screen and i saw thirty two thousand five hundred and eight i was like holy shit what the hell has happened here you know what i was doing i was looking at the bitcoin trading bitcoin euro pair not the bitcoin dollar trading pair crazy i know i know i know um just be careful it doesn't happen to you because it can make you feel it can make you feel like the market's taken a 20 correction when the when the when when uh when a 20 correction hasn't actually happened so try try for that not to happen to you guys because not a great feeling not a great feeling um before we get on to the alpha of the shot i do want to remind you guys that we have our competition happening in banter bubbles you see we've created a a winner bitcoin bubble uh tab for you guys here um you can also get into it by going into the the bitcoin bubble just click over there if you want to win a full bitcoin it's very very very simple you need to have a banter referral link or an account at any of our exchange partners with a banter referral link any banter referral link once you do you need to predict the price of bitcoin on the first of the first 2024 at zero zero zero zero zero one on on coinbase and when you do you can actually stand a chance to win half a bitcoin if your prediction is the closest for every exchange account that you have you're going to get five entries into the competition but you can't enter more than once a week you can't enter more than once a week so when you know what your prediction is just click on ready into your prediction so let's say i think it's going to be 55 000 for example my buybit account is four five six seven eight two and i submit my prediction okay but um okay so i've got to submit my prediction to two decimal places let's submit the prediction okay please make sure your prediction is exactly two decimal places okay let's just quickly go fifty five thousand eight hundred and twenty two zero zero eight hundred twenty two point zero zero and let's submit that okay judge is not letting me submit a prediction it says i'm gonna submit to two bitcoin so um go and do that it's on banter bubbles right now so how do you get into it you go to banter bubbles click on the winner bitcoin tab and then that'll take you into the prediction josh is just fixing the prediction first not having a good day today josh my sound didn't work and my bubbles didn't work not looking good not looking good anyway listen let's get on with the alpha of the show first of all if you're not already subscribed to our channel do that now before we continue do that right now if you are subscribed just smash the like button give us some some love let's get the show on the road let's see if we can get to 1500 likes i do want to show you my conspiracy theory i do want to show you and i want i want to hear your views on my conspiracy theory i do also want to show you um why it may be time to start buying alts i want to show you about i want to talk about this decoupling because this decoupling is actually real and i want to show you what actually caused this decoupling because when you see what caused it you'll say ah i i knew exactly what it was and now it all makes sense and then we can work out whether or not the market can survive a stock market crash if we actually get a stock market crash so that is what we're doing today for now let's get the show on the road let's quickly go into the charts let's look at this what's happening in the charts as i said to you what we're doing it right now is we are consolidating we've had a as i said it's a slight bullback exactly as i said it's a bullback what is a bullback a bullback is when you get a slight pullback that is very very much worth buying and that's pretty much how you've got to look at these pullbacks in the bull market it's a consolidation we are consolidating right here but what you're probably noticing in this consolidation is that a lot of people made a lot of money on bitcoin and what you're probably noticing is that the altcoins are starting to pop so you're getting the bitcoin dominance going slightly down but very much it is on the way up and then what you're getting is getting the altcoins rallying i mean just look at this week for altcoins most of the good altcoins have destroyed or obliterated the bitcoin performance hex is up 130 percent uh mina protocol up 73 .5 percent injective up 43 percent pepe up 96 percent chain link 50 percent up so this has been an amazing amazing run for altcoins it's been an amazing run for our altcoins dogecoin stargate i did show you show you all the ones that we actually got into some in the competition and some not in the competition um but what you're seeing is you're seeing that the dominance has come slightly down and even the dominance is very very very much on an uptrend you are seeing a big move to altcoins i'm going to show you why later on the show i'm going to show you why it's probably a good time to start putting some money into altcoins i'm not saying go crazy and sell all your bitcoin but put some money into bitcoin i also want to remind you that a few days ago we a lot of people are talking about the halving and they're saying that this cycle is going to be this pre -halving year is going to be like previous pre -halving years and i said to you what you've got to do is you've actually got to pick a fighter you've got to pick a fighter your fighter is either going to be the etf or the halving cycle and the reason why i said that is because if we follow the halving cycle theory then in theory we should continue to go down until a little bit before halving and that's usually when we break out but i said to you that i don't think that's going to happen i said that what i think is going to happen is i think the etf magnet is way bigger than the than the halving magnet and i think this year is actually going to be different because what we're getting is we're getting the etf news which is much bigger than the pre -halving sell -off that usually happens and it's going to change the way that the cycle plays out and what we see now is that everyone's starting to notice exactly what i said it says bitcoin is starting to do something completely different to what it did in 2019 at the same point in the cycle you can see that over here you see there's there's a breakout over here so that's what that is the cycle that is actually starting to happen and i think i'm much more a believer in this cycle that says that it will have we have 750 days to go until the next cycle high which which is which yeah so from now we've got 750 days to go until the next cycle happened actually if you want to talk about cycles the biggest cycle that i'm actually subscribing to and i did do a show about this a long time ago i said that uh the biggest cycle that i'm actually subscribing to is this cycle over here which shows that from 2023 so this this was done in the 19 in the early 1900s and um it was uh it's called the benna cycle predicted most major downturns it was published in 1875 150 years ago and it's it's been pretty accurate and what it says is from 2023 you will make quite a bit of money till 2026 but then get out in 2026 and buy in in uh in 20 uh and buy again in 2032 or something along those lines look i plan to be well retired by the end of 2026 and i think if we play our cards right we'll all be well retired by the end of 2026 so then the rest of this cycle thing doesn't actually matter it actually becomes a whole lot of garbage i see yuri's back we haven't seen yuri here for a long time yuri welcome back we haven't seen you for a long time actually let us know if you are present gabby says the etf is his fighter call it's a good day mate that's a good day mate iCP will make millionaires i'm not sure if iCP is going to make millionaires uh blockchain oh Raymond is here Raymond's present Marvin is present Raymond can't jump into the back end anymore because we've changed our system so we don't actually see him in in the back end anyway let's talk about something a little bit more important and that is the decoupling that the that bitcoin has had from the stock markets and specifically that decoupling happened or started not so long ago i would say that if you were to guess let me know how many days ago this decoupling started but i think it started about two weeks ago right and ever since two weeks ago what you've seen is you've seen something very interesting play out you've seen the nasdaq pull back in fact yesterday was the nasdaq's worst drop of 2023 and yesterday was one of the most bullish days for bitcoin right at the same time you have the nikai crashing which is a Japanese market selling but i want to show you if you look at the nasdaq since the friday the 13th of august the nasdaq's down seven percent at the same time if you look at the nikai the nikai is also down about seven percent which means that global equities world markets not doing very well right and if you look at what's happened to bitcoin which is this orange line over here you've got like this strange decoupling because these guys have been pretty well correlated up until something happened around about there and i'm going to show you exactly what happened round about there i'm going to show you how powerful this is and what this actually means for bitcoin right when you get it just say aha or just smash a like or just let us know that you've actually got it what you definitely know is that there has been a decoupling i mean you can't deny it i mean the charts are basically showing you that there has been that there's been very much a decoupling and in fact if you zoom out in this decoupling what you can see is that somewhere over here look at the date monday the 16th of october there was a breakout which gave bitcoin huge strength against traditional markets and from that point traditional markets started to go down and bitcoin started to go up now you may say well that must be as a result of the war possible could be because of the war the war however the first invasion was on the 7th of october right so what is it that happened on the 16th of october that made bitcoin completely completely completely outperform the market and could this be a sign of what is about to happen i mean everyone's starting to see it there's been a lot of tweets that are going that are going on here um showing people that actually something happened and bitcoin has decoupled bitcoin up 33 percent nasdaq down minus seven percent very interesting short -term decoupling um we're also getting some uh big trouble on the market so the yesterday was a very very very bad day for the tech stocks google had its biggest move down i think since its ipo or something it had a huge move down this we could just go to the google chart um let's take a look at google let's see google ah man hold on a second i think they changed the name to alphabet there we go so let's look at google so yesterday if you look on the daily well you see it doesn't show you the red candles but if you look at where it came from and where it started went down 10 .36 that is massive massive massive uh for google and now there's a lot of concerns that these magnificent seven are going to start crashing if you look at nvidia nvidia also not really a pretty picture so it's gone down from 475 to 421 in just a matter of days and there's big concerns that the nasdaq is maybe entering resistance or maybe entering some kind of crash territory and the magnificent seven stocks may be starting to come down people are saying look there's maybe been uh head and shoulders or maybe just a series of higher lows either way from a chart pattern um not not very good that's that's what yesterday looked like on the traditional markets and yesterday we know that we had on bitcoin one of our um one of our best days or certainly the last couple of days that have been some of our best days so what actually happened well the first thing that actually happened is you can see it in this three months so you can actually see what actually happened it was around here october 17th see there we go and you can see that a few charts start to turn october 17th bitcoin starts to go up gold starts to go up and ethereum starts to go up versus the nasdaq and the s &p which actually start going down so where did that happen just look at the date because the date's quite important october 16th that's exactly when it happened so on october 16th something happened which took the gold market up and took the bitcoin market up and took the stock markets down and changed the correlation between here's how the markets are doing and the traditional assets so you can see this chart we always look at this chart and it shows the correlation between bitcoin and certain assets okay now you can see that these lines have always been very very very correlated until very recently where bitcoin started to become more correlated to gold then it started to become two stocks okay so why what happened on the 16th of what happened on the 16th of october that changed that what happened on the 16th of october that all of a sudden bitcoin started to start being correlated to stocks and start being correlated to gold and if you can work it out maybe that's a sign for what bitcoin is going to do in the next coming days weeks months years so let's look at what actually happened well one massive thing that actually happened on this day scarecrows do you know what happened on the 16th of october 16th of october something happened somewhere on or about 16th of october what happened well that's the day that larry finke went on television and says that he thinks that crypto is a flight into quality that is the day where everything changed literally if you go back to all the charts the correlation this was posted on october 16th this rally is way beyond do we have sound we don't have sound today is about a flight to quality with all the you know i'm not hearing it around the war now global terrorism and i think there's more people running into a fight the quality this flight to safety whether that is in treasuries gold or crypto depending on how you think so this flight to safety discussion this flight to safety tweet this flight to safety interview this flight to safety narrative all started on the 16th of october and from the day that that started everything changed now i know you probably think well no it's completely coincidental i don't think it's coincidental i don't think at all that it is coincidental that specifically on the day that larry finke who is the world's biggest asset manager or he leads up the world's biggest asset manager i don't think that it's a coincidence a coincidence that on the day that he says that bitcoin is a flight to safety on that day the correlation between bitcoin and all other risk assets starts to change and bitcoin starts to become much more correlated to gold than to any other risk assets the king has spoken the head of the biggest asset manager in the world the one who creates all the investment narratives went up onto stage and said from this day forth bitcoin is a store of value it's a flight to safety which stocks are not and from that day we've got bitcoin much more correlated to gold now if we get that then we should maybe consider something which which is quite interesting so gold has a market cap of 12 trillion dollars okay bitcoin has a market cap of six seven hundred billion dollars okay when we have the halving next year the stock to flow ratio changes and gold is very much priced using a stock to flow ratio if you're going to price bitcoin on a stock to flow ratio after the halving then according to this we should get a market cap of 20 trillion dollars or a million dollars for bitcoin i think that that's a bit ambitious but it does show you that if larry think changed the narrative if larry think went out there and changed the narrative then then if people start pricing this like gold then we need to start applying gold valuation methods to uh to to bitcoin and you can see that the date is freakishly october 16th which is absolutely crazy i think i also had another tweet that i wanted to show you so i wanted to show you tweet over here which shows that if you look at bitcoin as an asset class performance in 2011 bitcoin was the best performing asset class the second was gold 2012 best performing asset class 2013 best performing asset class 2014 worst performing asset class 15 16 and 17 best performing asset class 18 worst performing asset class 19 2021 best performing asset class 2022 worst performing asset class, okay Now I remember when you were kids and they used to give us those puzzles and they say like What's the next part of the pattern here? So what is scarecrows? What is the next part of the pattern yet? So we had three Positive best best performing asset one worst three best one worst three best one worst What happens in 2024 and 2025 into the halving years and into the election years? Two more best and then what happens in 2026 when by the way when this cycle here says that things are going to turn The next bear market starts do you see how all the pieces are starting to come together? Do you see how all the pieces starting to come together here? Anyway, you choose how you want to see it regardless though We can see that when Larry Fink opened his mouth even though here in in in crypto We just thought that was great and him talking up his book He actually maybe maybe maybe he's the reason why things changed specifically on that day I mean, I think that that was the big endorsement that made all the fan managers realize that you know What maybe this thing is actually a flight to safety.
Monitor Show 16:00 10-24-2023 16:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV batteries, environmental impact, behind sand. Yeah, sand. You get context and context changes everything. Go to Bloomberg .com to get context to TV subscriptions because of Monday Night Football, not Monday Night Football, Sunday Ticket, right? That sounds like you have a business of sports podcast, Scarlett. Sounds like you have a business of sports podcast. Yeah. Well, we pay attention to it all. Let's walk through the numbers real quickly here as we await some of those earnings across the wire. The Dow Jones Industrial Average in the green on the day, up by about two hundred points or six tenths of a percent as we wait for these numbers to settle down just a bit. But the S &P 500 is going to finish higher by about 30 points or seven tenths of a percent, while the Nasdaq composite higher by about one hundred twenty one points or nine tenths of a percent, while the Russell 2000 closing out the day with a gain of about eight tenths of a percent. All right. We await those earnings. Quick check on the S &P 500. Three hundred forty six names. Scarlett higher in today's session. One hundred fifty five to the downside to unchanged. Yeah. And looking at the sector breakdown overwhelmingly to the upside, telecom utilities and autos leading the way. Telecom, of course, getting a big, huge lift from Verizon that grew up almost six percent on the downside. Energy tracking lower with oil prices, transportation and commercial and professional services all down. All right. So let's get to it. I mentioned Chinese names, definitely not performer in today's session. And we do have Microsoft. I'm thinking we should go right there. Yeah, let's go right to Microsoft. Those earnings crossing the wire right now, the headline number coming in here with revenue for that fiscal first quarter. Fifty six point five billion dollars. A slight beat over street estimates of fifty four point five. EPS for the quarter coming in at two dollars and ninety nine cents. Not quite sure of the comparison there, but let's go through a couple of the segments here. Personal computing revenue coming in at thirteen point six seven billion. That's a beat. The intelligent cloud revenue business coming in at twenty four point two six billion. That's also a beat. And the.
A highlight from Facts or Interpretations?
"Cable news, noisy, boring, out of touch. That's why Salem News Channel is different. We keep you in the know. Streaming 24 -7 for free. Home to the greatest collection of conservative voices like Dennis Prager, Jay Sekulow, Mike Gallagher, and more. Salem News Channel is unfiltered and unapologetic. Watch anytime on any screen at snc .tv and local now channel 525. The Mike Gallagher Show. Look, Sean, there's no other way to say this besides Joe Biden's trying to destroy America. I mean, how else do you explain what he's allowing to happen at the southern border? We could create entire new states out of the amount of illegal immigrants who have come to America under his watch. Why would he want that? Why is he allowing this to happen? And all you have to do is look at New York City, as you mentioned, as a case study. It's brought New York City to its knees. In the ReliefFactor .com studios, here's Mike. I'm a Christian, the guy said. Oh my gosh. Yeah, I'm a Christian. I'm a Christian from Georgia. And, you know, here's what's great. This is what's wonderful when we hear evil like that. And incidentally, we're I'm not going to limit this to Hamas supporters anymore. I can't take much more of this. So I'm opening the phones to everybody. Eight hundred six five five, Mike. And I don't know, some people are saying, hey, these people aren't evil. They're just stupid. And, you know, you could sit around and go through how factually wrong they are about. Israel took the land from the Palestinians and all they want is the land back. The Palestinians have waterfront property that could be a paradise called Gaza. And because the Palestinians and Hamas believe in wiping all of Israel off the face of the map, all they want to do is commit acts of terror and kill innocent people in Israel as some kind of revenge for 1948. And we got people calling this show acting like that makes sense to them. Then again, we got a guy who just said he's a Christian who thinks lopping the heads off of little babies is OK. So their whole world is upside down. But here's the good news. And I've really, really good news. It's not good news. It's great news. Good will always triumph over evil. A couple a week and a half ago, when this first happened, I said, what can we do to help the victims of these butchers of Hamas? What can we do? And our partnership with the International Fellowship of Christians and Jews was born. We put it together very quickly. The goal was thirty thousand dollars. We're sitting right now at nearly one hundred and fifty thousand dollars of aid to the Israelis who have lost so much, providing armored ambulances so that they the bombs can be deflected, providing toys for these beautiful little children who are hunkered down in bomb shelters, providing medicine and medical supplies. After hearing what we've heard today, I expect that you are going to step up in a major way. I was going to be happy at one hundred and fifty thousand. I think we might hit two hundred thousand, especially after hearing what we've just heard today. Please go to Mike online dot com and click on the Israel at war banner to make your emergency donation. You could make a one time donation. You could make a recurring donation. This is a beautiful organization. Yael Eckstein has been so profound in the support for for these Jewish people of Israel. And I am overwhelmed by your generosity. People keep looking at this show and they say, man, my gosh, Gallagher's audience donated over five times the original goal. And after hearing what you just heard, I'll bet you it's going to go a lot higher. Go to Mike online dot com, click on the Israel at war banner, or you could phone in your donation to eight hundred eight four five eight eight four four eight hundred eight four five eight eight four four. I was supposed to get on a plane today to go to Israel with five hundred members of our audience and my colleague, Dennis Prager. So this is pretty personal for me. We stand with Israel was called the Stand with Israel Tour. In fact, if you just text the keyword stand to our text line, which is eight hundred six five five, Mike. We'll send you back a quick link where you could make a donation right from your phone. No obligation either. We'll just send you back the link and then you can decide how to give if you'd like to give. That's how we counter the evil you just heard. That's how we circumvent it. Good will triumph. And the text messages are pouring in right now at eight hundred six five five. Mike, it's nice to see a whole bunch of stand text messages. All I got to do is text the keyword stand to eight hundred six five five. Mike, here's Tennessee. Hey, remember, God heard those two guys today taking names. And Mike, thank you for opening up the phones to everybody now, because I can't take much more of this evil. And I understand I really I this evil mentality. These are people all around us. And I just got the most gratifying text message from Mike in Columbus, Ohio. Let me share this. I get a little I got a little emotional when I saw it a few minutes ago. Mike wrote, Mike, you mentioned Hamas and its supporters listening to your show and the anti -Semitism in America, making you consider throwing in the towel. I understand how you feel, but you shouldn't do this. Your show makes people think people who are thinking sometimes change their minds. Even the most radical people do at times, even on the most radical of subjects, when a mind is changed on a subject as undeniably evil as supporting what Hamas did. You may not just be changing a mind. You may be saving a soul. Even when it's just one soul, you'll likely never meet. It's worth the work of a lifetime. My friend, remember that you don't just have a career. What you do rises to the level of a vocation. And we are all better for it. Mike, I hope you know how deeply your text has touched my heart. And of course, I'm not going to give up. Of course, I'm not going to throw in the towel. Of course, I feel obligated to come into this studio and share with you all the things that we're going through together. And we're going through a lot. We're going through a lot. Go to the White House yesterday. You want to hear how bad it gets? Wait until you hear how Karine Jean -Pierre responded to a question about all the anti -Semitism we're seeing in America. Honest to goodness, I keep saying this over and over again. I think people hear this show and they don't believe it. Wait until you hear what she said. This was yesterday's White House press briefing.
A highlight from BTC Rallies, ETF Nudges Closer, and a Fresh Fraud Accusation
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Saturday, October 21st, and that means it's time for the weekly recap. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello, friends. We are back with another live analysis show. This was a conversation filmed and recorded between me and Scott Melker, also known as The Wolf of All Streets, on Friday morning. Now, for those of you who want to catch this live, it goes out every Friday morning at 9 a .m. It's on all his channels. It's on all my channels. And basically, this is a chance to get a little bit more talky when it comes to the news and what it means. This week, obviously, the big stories were once again, the new NYAG suit against DCG, Elizabeth Warren's attempt to use the tragedy in the Middle East to bully her way to new crypto legislation that really doesn't have anything to do with Hamas, plus a little dose of SPF coverage. I think overall, the way to sum it up, though, is from the last story, which is about a Morgan Stanley blog post that suggests that we are in what might be called crypto spring. Crypto spring is neither the bull market of crypto summer, nor is it the brutal bear market of crypto winter. Instead, it's a period where one day can be very good and another day can be very bad. It's messy and muddy and often rainy. But in it, you start to see the very first seedlings of what comes next. The stories this week, I think, are a pretty perfect encapsulation of that. We have this big Bitcoin jump up. We had ETF news, both fake and real things that are very much about the future. But then we also had a heck of a lot of cleanup and stories about the messy in between that we still face. Anyways, there is a lot here, both in terms of the stories themselves and also what they represent about where we are. So without any further ado, let's dive into the conversation. Happy Friday. Good morning. And man, we've got a lot to talk about today. We do. And it's not all Sam. It's an amazing week. Although I will say, for whatever reason, people really engaged with our conversation about Sam last week. So it's clear that people are watching that trial and really interested in what's happening there. It's our exorcism. So of course, you can't look away. That's what's so bad about it. It's this slow moving train wreck that you have to watch and collective catharsis and therapy all at the same time. Really good. We can dig into the stories of this week. And we've touched on some of this, obviously, in the past. I like to put up her picture just to trigger everyone really early. We've got Elizabeth Warren here. U .S. Senator Warren leads lawmakers to push administration on crypto backed terrorism. Of course, she's getting the headlines, but there are one hundred and two lawmakers that have signed this. Clearly, there's real interest in Congress and the Senate in pushing this narrative that crypto is funding terrorism. Here's a bit of what she had to say or the letter did. It's not just her. Given the clear and present danger posed by the financing of bees and other militant organizations, we ask the administration to provide additional details on its plan to prevent the use of crypto for the financing of terrorism. Congress and this administration must take strong action to thoroughly address crypto illicit finance risks before it can be used to finance another tragedy. Is this a fair criticism of crypto or is it not? This is why people hate politics in a simple, cute little package. A thing that is very, very tangentially related to an actual tragedy and horror show of modern life becomes a leverage point for someone who's just pushing an agenda that they had in advance. Nothing is new, just to be clear, about the bill that's being pushed from what it was being pushed earlier in the summer. It has nothing to do with exchanges that, for example, have been known or proven to facilitate terrorism. It is entirely about just DeFi KYC. It's a very, at most, orthogonally related thing. But in the wake of the horrendous attacks, and particularly after the Wall Street Journal writes this piece saying that it's funded by crypto, it's just exactly what she needed to go leverage this point. Now, there are a couple of things that make it perhaps less bad than it seems. And some of these go back to what we talked about last week. The first is when it comes to these 102 people, my strong guess, now I haven't sat down and gone through this with the fine tooth comb. My strong guess is that about 97 or 98 of those 102 were handed a letter by a staffer that said, this letter says the White House should do something and Congress should do something about crypto financing terrorism. And on the face of it, that's fine. People are going to sign on to that. And I think that this is sort of this point is the evidence of this is the fact that there are a number of pro -crypto Democrats who have signed on. If the premise of the letter is just, hey, guys, this is an important vector for funding of terrorism in the future, we should make sure we have good policies for that. Totally reasonable. Everyone in crypto would agree with that. Now, what we know is that there's a bigger agenda behind it. Here's the other thing about politics, even these 102 senators know or the 102 people who signed on to this, they still know that that's not the same as actually supporting a bill. This is just a letter. It's an open letter. It is actually the cheapest, most convenient and least committal way to associate your name with anti -crypto terrorism financing without having to actually do anything about it. So it's just as toothless as anything else she does, except in so far as it continues to kind of erode and distract from other conversations. So I think it is extraordinarily frustrating. It's completely predictable in some ways, but it in and of itself, I don't think necessarily shows a lot of shift in momentum other than what we might already have have seen around this. When push comes to shove, this bill will either be actually kind of advanced or it won't. And when it is or isn't, it will be debated on the merits of it then. So it's kind of just a distraction. It's a very annoying one. I do think that it has impacts for all the people who are in the crypto lobby in D .C. who are just trying to have common sense conversations and move things forward sensibly. But it's probably less impactful than it is annoying is my kind of short take. I think this goes back to the old adage, never let a good tragedy go to waste. Right. And especially if you're a politician and you have a specific talking point and you can somewhat superficially attach that talking point to something that's happening in the world, you go for it. Now, I will say I agree with you. This should be addressed right. If crypto is being used in some way to fund terrorism, then sure, that should be stopped. But it's crypto. So they are freezing wallets. They're actually taking action against these things, regardless of what Elizabeth Warren says. And so you can take that criticism and it's valid, but you can't take it in a vacuum because you have to make the same criticism for every other form of illicit financing for terrorism, like pallets of cash being delivered, you know, across the border, which we all know is happening. So I think that it's an unfair singling out of crypto. More importantly, when you dig in, I mean, here's the rest of the story. Chainalysis says some reports might be overestimating crypto's role in terrorist financing. And this isn't just an overestimation. I'm just going to read you what Chainalysis had to say easier than discussing it. We've seen recent estimates related to the attacks on Israel that appear to include all flows to certain service providers that receive some funds associated with terrorist financing. In other words, these total include funds not explicitly related to terrorism financing to the untrained eye. It might appear that eighty two million worth of cryptocurrency was raised for terror financing, but it's much more likely that a small portion of these funds were intended for terrorist activity and a majority of the funds processed through the suspected service provider were unrelated. So they're saying that with the estimate that Elizabeth Warren's talking about is eighty two million has an extra few zeros there. It's about four hundred and fifty thousand worth of funds that actually ended up in terrorism affiliated wallets.
"fifty k." Discussed on WTOP
"Fifty five powered by red river technology engines aren't black and white think red let's go to frank hammerhead and the uh... nationals dick all over now san diego six to one in the top of the seventh chamber candelario who homered earlier also just doubled to center scoring several runners abrams thomas and garcia moves to third so six to one on the uh... nationals right now on top of the appadres top of the seventh inning it was a great start for mckenzie gory struck out nine in the uh... started goes five innings lodges one earned run let's see if the bullpen can hold up and let's see if the nationals you get a serious victory taken two of three from san diego still a ways to go but a six one lead the for nats in the top of the seventh inning elsewhere the oriel's were winners over the mariners three to two cardinals beat the cubs seven five over in london college world series right now florida up twenty to three on lsu at the top of the night so looks like there's gonna be a decisive game three to decide a national champion in college w baseball n b a miss six fall to the liberty eighty nine eighty eight that was in overtime in ariel akins had twenty four points in the loss for dc pga tour traveler's championship keegan badly wins it at twenty three under par again that's a broken things open six one lead at san diego as they play this one out in the top of the seventh inning frank and ran w bt lp sports alright frank will be buying to let us know if the nats close it out coming up after traffic and whether his whereabouts are unknown next steps for the head of the mercenary group that briefly rebelled against moscow six twenty seven baseball season is in full swing and no better place to get in on the action then fandle america's number one sportsbook this is george wallace and right now new customers get a no sweat first bet up to one thousand dollars that's up to one thousand dollars in back bonus in bets if your first bet doesn't win it's that simple 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bay bridge you have three lanes headed back towards anapolis no problems now all the delays have cleared out headed back towards the eastern shore crash we haven't been talking about suitland parkway inbound at nailer road tying up traffic in both directions expect some delays follow police direction that's a third crash of the day we've had there please be careful northbound three ninety five you're completely clear now headed towards the fourteenth street bridge that's good news two seventy southbound our delays are still with us eighty urbana down to one oh nine hyatt's town it looks like we might least have at a lane or two back in service now as i'm starting to see the delays ease out towards the front of the line but still four out miles four of folks behind the need to get through on two seventy expect some delays headed south from frederick down towards gaithersburg ninety -five moving pretty well in between the beltways bw parkway i think we've cleared out the car fire four ten you're in good shape for northeast cc out to the beltway in virginia ninety -five south going to be slow in separate stretches now from the aquaquan river down to dumphreys it opens up nicely headed south through fredericksburg northbound you're primarily slow through fredericksburg from the spotsylvania exit on and off through stafford once you get the express lanes pointed northbound you're in good shape one reminder we do have ground stops at all three local airports reagan national dulles and bwi call your airlines before headed out i've seen exactly three flights go in the last 30 minutes that's not a recipe pay for an easy trip to the airport so again call your airlines don't miss you before the live at wolf trap on july ninth with maxi priest and inner circle tickets for ub40 are on sale now at wolftrap .org joe fox wtop traffic news first alert meteorologist mark peña temperatures outside certainly feeling like the first weekend of summer upper 80s to near 90 degrees and 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"fifty k." Discussed on Northwest Newsradio
"Fifty years combined experience and hundreds of millions mesothelioma recoveries weinsteincajano .com Summer back's traffic checking the roads now as we do every ten minutes on the forest from the high performance homes traffic center Kimmy Klein what's going on? Well we have a new crash on south on 405 at northeast 44th in the carpool lane that will definitely add some pressure to that drive between Bellevue and Renton in either direction. Plus it's still a busy drive westbound 90 heading away from north bend off and on towards almost highlands drive where traffic has reduced to just a single lane due to work road happening. It's also thickening up on northbound 405 around Canyon Park southbound 5 is staying busy in the Seattle south of Northgate and north on I -5 is even getting busier north of the U district towards Northgate. We're slow in Everett north on I -5 leaving Boeing the freeway towards Marine V drive some brief delays on the valley freeway on south on 167 approaching Jovita there's a crash on westbound highway 16 past highway 302 in Purdy reported in the right lane so that's why you're seeing a three -mile backup out lot of traffic out of Gig of Harbor and I want to mention the ferries because the Edmonds Kingston ferry route will drop down to a one boat schedule after 355 today because the crew shortage so there's a two -hour wait at Kingston one hour waits at Clinton this support sponsored by Verizon my plan from Verizon puts you in control get exactly what you want only pay for what you need on the network you want head into your local Verizon store now your next Northwest traffic at 254 here's a Puget Sound forecast sponsored by Northwest services crawlspace and we're in for clouds overnight some showers through tomorrow morning backing up a little bit in the afternoon with highs in the low 60s drying out on Wednesday downtown temp
"fifty k." Discussed on The Empty Bowl
"Mean i've never i've never i mean i've heard of it before i have some problems. Gene simmons famously put ice cubes in cereal. That it's monsters like i no offense to blake. Sure your father is a fine person but The idea that i would bite down and expect the satisfying crunches some grape nuts or spiderman frosted checks pieces and would just get a bit of pig crenshaw on ice. It sets edged just thinking about it. Yeah this is definitely something. For the more densely sound like my own sensitive molars but yeah every time i hear about this method. I simply can't envision it being satisfying just for me. It's more the very thought of watering down. My cereal any capacity. That just doesn't sit right. Sure you now if you had say milk cubes or if you like pre chilled your bowl of milk in the freezer that being perhaps the only instance whereas acceptable to do milk before cereal. Then maybe i could see it. I've certainly done a ladder on a hot summer's eve before because kind of like freezing pop tart giving it a unique twist to the flavor but using actual ice cubes for one thing. They're pretty big compared to any actual cereal piece. And i know i think i think we just hit on. All the other elements it'd be a bit inconsistent in and how it distributes the chill effect and the dilution soggy nece. There's just way too many working variables there for for this to work for my very standardized ritualistic. Serial leading routine misses an included here. Dan but i did have an exciting amounts of ood. And i think. I've teased this before but i am Officially now off of dairy milk for cereal. Yeah i've tried a lot of different options. But i finally tried Coconut milk lily with my cereal and it is just such a wonderful compliment. A really truly delicious. I've never. I've tried several different milk. Sort of you know Substitutes in are found one that really resonated with me but coconut milk. I'm understand i mean. I don't think i've really tried coconut milk and cereal. Does it bring a cocoa nuttiness to anything of vague one. It's more like a. There's like hint of creamy nece to that. You don't necessarily get with your own in your hip near soy in your in your p. milks but it's not like a strong coconut flavor. Saw tip the scales. But there's a wisp it's a rumor that may not stout the pineapple crispy cream zero at absolutely possible. You could be an air. This set of syria where you're going forward you know. I tasted a little coconut in that I thank you so much for listening to our program. Eliza when you're going to bowl dot rest to leave a message for us. Do me a favor and pledge A dollar five dollars ten dollars a month. Whatever you can support done that support our show. It really helps us. How half of that is going to go to keep seriously dot net running and half of that goes to a shelter for people experiencing homelessness here in the tri-state area where i live so really really appreciate your support. We also like to thank chris. Sa- brisk for his opening theme of the sun is scheduled to come out tomorrow. Breezy davis for a beautiful pink. Beechy podcast. Branding as well samuel robert in for designing our most recent empty. Oh and we'd also like to thank you for listening. If you were a will leave a review or tweet about the show or you know. Put a lincoln anxious friends facebook. Recall whatever you wanna do. We really appreciate the help and in growing so thanks for your primary to sleep. Aren't you.
"fifty k." Discussed on The Empty Bowl
"And you dive through a hidden world of your gut bacteria reef which is surprisingly similar. I'm told to australia's great barrier reef. And i will say after having viewed the experience on youtube that this is as insane a serial promos get like on the same level of immersion and effort as checks quest. Where you get this very science fiction. E journey through someone digestive system inside of a spaceship. That was swallowed alongside. A spoonful of bran flakes. And at one point you get even control device that blasts high fiber ammunition that feed good gut bacteria so it just seemed very strange that on the back of central boring serio arguably you get this sheer dive into absurd ism and albeit a bit grocer than something like checks quest especially as the gut bacteria reef experience ends exactly as you might predict dan. I the i had I i understand. You wanted to provide some clarity on on captain crunch chesapeake. This is something that i never thought we would get closure on either Because a couple episodes ago we were talking about the golden pieces in cap'n crunch and i noted how i've never heard an official for these coconut oil delights and so i've always called them treasure chests but Thanks to twitter. Users beasts ical and james. We now have an answer because according to a new commercial as well as a product description on captain crunches website. They are officially known. As do you have any guests now. They're capping crunches golden barrels. Which no is fine barrels. Have a valid place in the cabins nautical cereal setting but at the same time. I refuse to revise my head cannon. And we'll still forever call them. Treasure chests yeah especially because if we look at ralston's donkey kong cereal from nineteen eighty-four which was very upfront about promising crunchy barrels of fun. Those are what we call barrel shaped pieces. They've got height. They are extruded dimensional early. And i don't know dan. I'm looking at these. These are barrels. But you're right now. This is a mountain lynn. Who true serial barrels. Here question hike. Danny justin my father believes. He invented putting cereal milk. He says he does make his cereal. Extra cold ever heard of this. Do we find it. Acceptable let me what you think. They gassed jacqueline aversion Have you heard of this. I know. I.
"fifty k." Discussed on The Peter Schiff Show Podcast
"And then the fed had to reverse course they started cutting rates. If you recall they said it was a midcourt correction. They pretended that after the mid course correction they would resume the rate hikes on the road to normalization. I was the only one at the time again who said no. It's not a mid course. Correction that tightening cycle is over the next stop zero and of course that is exactly what happened and not only did they go back to zero but they reversed the quantitative tightening and they went back to quantitative easing and the balance sheet quickly soared beyond the previous peak. And now it's more than double that peak. Well i think this tightening cycle is going to be even shorter and the fed is going to accomplish. Even less i think that they will never even complete the taper. They may start it but they won't complete it. Meaning they'll never get to a point where they stop expanding the balance sheet and at some point they will ramp back up again with a new. Qe program and the rate at which the fed is monetize. The balance sheet in the future will exceed the rate at which kids monetize it now and when it comes to rate hikes. They're never going to happen. I think we're stuck at zero because right now the fed is claiming that the first rate hike is gonna come maybe at the end of two thousand twenty two and they're going to start the normalization process in two thousand twenty three well. The problem is before we get to the end. The twenty twenty two or twenty twenty three. The economy will either already be back in recession or teetering on the verge of recession. Which means those rate hikes aren't going to happen. They're going to be called off by the economic data and so the fed is pretending we're going to get to some kind of promised land that were never going to reach because on the journey something is going to happen and the fed's going to be back at zero or still at zero and increasing quantitative easing to try to fight off the recession or prop up a sagging stock market. Because that's the other thing that can happen between now and the end of twenty twenty two early twenty twenty three is the stock market starts to fall threatening to fall in a bear market territory. The fed can't allow that to happen. They can allow a reverse wealth effect. They've already built a recovery on the foundation of an asset bubble. So they can't let the acid bubble deflate without the recovery deflating. Along with it the key is when are the market's going to figure that out and start ignoring this inflation data and assuming that it's going to force the fed into a tightening mode sooner than later when the data is actually irrelevant. Defend is not going to fight inflation and in reality even tried to fight inflation inflation would win and so increasing and inflation inflation numbers..
"fifty k." Discussed on The Empty Bowl
"I love love that. This is like i got an idea. It's a it's a cat's based serial. No wait it's a serious about one character in no wait. It's a serial four cats and they got like the full galaxy braid by the actually. I've jj dire. Gabe enjoy flipped the entire thing on its head. Now there's cereal for cats about. That's what the boardrooms at heb. Some like when they're making new series they just let people embrace their while dreams and see where it lands So we you know. We talked about getting sent links When when and is in the news and john oliver Got got on cereals case for lacking innovation and I none of research probably went into the ps. But dan. I would like to hear your thoughts on it. You know. it's like obviously. He went into this for the very negative attitude. He has not listen to our podcast Just because i don't see how you can look at some of the cereals that came out in the past few years in say that. They're not pushing the innovative envelope at all. Like like within the time that you and i've been doing this. There's been chicken and waffles within the confines of this program. Yes our patch kids cereal. Come korean green onion checks. It's just been very out there with the rush to see what can happen next. I know it's not cereal but like everything bagel pop tart. Seems pretty up there. Also so i'm not really sure what his standards are for innovation in the serial game but there was one story that caught my eye that didn't seem to fit into our normal new segment that i thought was a really interesting example of cereal innovation. That is occurring right now and that is have you seen the kellogg's cereal vending machine that's lily rosemary about it. So it's kind of along the same lines as a coke coca cola freestyle machine in that. This is a a smart robotic cereal vending machine that is capable of creating you a custom bowl using twenty two different ingredient options including milk or yogurt as a base It's developed by a company called chow. Medics who also made something called a bowl bought. That did the same thing for salad mixing and you know naturally the evolution from a salad robot to a serial robot just shows how close to humanizing machines. We are getting But this is hot. Also off of the cold. Cereal heels of kellogg's new mashup of frosted flakes and apple. Jacks which I should have noted earlier as well. They're holding a A fan voting poll. For what the next kellogg's mashup will be. But unfortunately everything in that involves frosted flakes and something else so. I'm a bit more excited. I get a real sense from the mashup thing that they're like. We have to move a lot of frosted flakes. We've made too many and we don't know what to do about it kit shack on the line. We've got a lot of frosted flakes get rid of but the contents of the serial. Vending machines seem way more innovative to me because They listed a couple of the possible. Pre mixed bowls that you can order. There's one called last night. That mixes frosted flakes fruit loops in crave with chocolate drops. Banana chips espressos syrup. There's also hawaii five. O that blends frosted mini wheats and bare naked. Triple berry granola with coconut mango and pineapple. And like i don't know my own customs. Serial robot seems like a very good example of cereal innovation to me No kidding yeah. But unfortunately for now. They're only testing the rollout of this serial vending machine at florida state university and the university of wisconsin madison. Which is honestly kind of genius if you wanna get some You know good use data on how this thing goes because no one's gonna use it like college students are. What pizza hut did that with. When they rolled out their delivery program they started. They started by sending up outside college. Campuses after wonder though too if this was specifically designed for college students to keep them from going to the dining halls and filling up tupperware's in backpacks from those big circuit breaker handled cereal dispensers. Because that's how i spent my college years john oliver. I hope you're listening. There's a lot happening here. john join us. Thank you so much for listening to this program A prompt for this week. Or anything you want to ask people. I've got an idea. Yeah if there were to be an empty bowl cereal. What would you imagine that tasting like based on your experience listening to this show. Maybe we've asked that before. I don't know but out of that i did abstract. Thank you if you want to answer that. Go to bowl dot rest and you'll find a little button this as leave a and you can play the mike and your camera or in your computer or just answer. Salary wanna do We are on your phone whenever whenever works. Thank you for Listening if you would like to take the next step with this program if he got something out of it you can go to boll lot rests and pledge some money though be deducted from your account monthly That's a weird way of saying it will be. It will be removed from your balance. And that's how the serial vending machine would phrase yeah You can support us at levels of like ninety nine cents up to. I think nine ninety nine a month and half that keeps dot net running. That's stands website by the way and the other half goes to Shelter for people experiencing homelessness in my area. So we very much appreciate support you can. Also you know if you don't wanna do the money thing you can share the show around spread the link whatever you wanna do but you know it all helps. It's all good stuff. this is our i think. Fifty second episode that right there That's like this weekly exactly first year. It's only been three.
"fifty k." Discussed on The Empty Bowl
"Hello dan ingested. This is stina. She her from knoxville tennessee. I believe that it is a real lost. My middle school sell but my favorite boy band. Hanson didn't have their own cereal. Pops i think the perfect Pops would have consisted of a three part harmony of honey. Cereal visas as golden as their lustrous. Hair flower-shaped marmots in the shape both the daisy or a rooms and freeze dried strawberries. Honor of their home state of oklahoma. I think it would have been a sweet and delicious. Cereal perfectly matched the boys who stole my young mark. Hi denna just in. This is james from dallas texas. My favorite childhood figure was lavar burton of spring rainbow and star trek next generation and while a reading rainbow serial. Kind of mix. Itself's i envision a star trek cereal as visor shaped corn visas with what court shaped margaret's and a golden honey flavour because jordan forged headache. Gold uniform You guys are great august haydn. Just my name is brittany as an imo tiled. My passion was with the album. Welcome to the black parade by my chemical romance. I think sort of made a perfect spooky. Halloween exclusive cereal with chocolate cereal pieces and perhaps smarter set look like skeletons and marching drums. Thus would've made childhood me happy and delights present-day me thinking about it. Thanks hi dan. Justin tasks in my childhood icon. Cereal would be based on mr moustapha lease from the musical cats which i loved growing up mr moustapha lease has a rainbow that comes out of a mug which would be a great that'll marshmallow as well as cats beeping in cats dancing. I don't know how it'd be flavored. My cat loves benita asleep. So maybe you could flavor it like that and then just have cereal for cats. I don't know anyway. I love the show. Thank you so much. I love love that. This is like i got an idea. It's a it's a cat's based serial. No wait it's a serious.
"fifty k." Discussed on The Empty Bowl
"We're only the edge over here. Did you crack the mystery of the mystery. Mystery poverty and it. Just don't tell me. They're fruity pebbles flavor. And again i can't take a deeper breath from these ones because we really can't seem to stop talking about borderline unsettling cereal or cereal adjacent topics today mystery pop tarts which of course mystery flavored pop. Tarts are the single most shocking breakfast product. I think i've ever tasted in my years covering the genre. If you could call it the edge of i see what could this be. Okay so spoiler. Warning for everyone going forward we will be revealing the true nature of these mystery. pop tarts. let me walk. You have this on a source or is this just your based on your palate So i'll get to it. Let me start from the from the beginning. Because when i first opened the foil the smell struck me immediately and all i could think was no way. They can't do this but sure enough. yes way. The leading flavor here is very oily savory and cheesy now dan no it is getting out of the way. It's not pleasant. It's fun for like the first couple bites to think about eating like this overloaded cheese danish basically but whether you eat it normally toasted or an. I shudder admitting that. I tried this frozen. There's no way getting past this sort of smokey patina that covers every part of this pop tart. It's at the same thing that wipes out of gas station. Hot dog roller. Exactly my immediate guests. When i finished my first one was that it was cheese flavored staffer second unless drill down on when i finished my first one. There's two different ideas in there. That are i find are pretty challenging. Put her those. You finished it and it was your first one which has be there could be a second. Well i had to try them toasted in frozen as well and do might do. Journalists have diligence and also like these come in a pack of sixteen a sixteen count value pack of cheesy pop tarts. That is a bold decision. The first we actually talked about exactly this right about a swing to be like. Wow i sixteen of these. I hope i like them. Yeah so i've been giving them away to people in Sort of ruining their day with that kind of backhanded gift But yet my immediate guests was cheeses. And i posted my review to social media and this seemed to be supported because someone told me that twenty twenty. One is the hundredth anniversary of cheeses. Which by the way is insane to think about that. Jay gatsby could be serving cheese. It's at his roaring twenty parties but a week or so later kellogg's released the official promo site for this mystery flavor and they left a whole bunch of very obvious clues to lead you to what the real flavor is supposed to be And i'm talking. One of the clues was like this. Keychain is everything and then the key says bay goals so i if you think bagels. That's what all the clues tend to suggest. And you look at the ingredients. Which i probably should have done sooner. And there are like garlic and onion ingredients. I think to this was supposed to be everything. Bagel i believe but whatever you call them. These pop tarts are scarcely suitable for human consumption and is there upon revisiting it with that knowledge. That can change your perception. Do you get like a cream. Cheese vibe from at all is that part of the equation. I do think. I do think the cream cheese charts to make more sense when one of my friends noted when i gave them to her so i think they got the cream cheese element right but i don't know sure you're going to get some some buzz and some pr around this. But i feel like cheese. It would have gotten more like. That's almost a bigger like yeah. Yeah everything bagel almost sounds palatable to try as a stunt yeah. They need to like individually release these. I think that could be more fun as sort of a novelty than really putting in the investment. But if you under something really interesting that happened surrounding this story I mentioned when these first came out also that they were not the first mystery Toaster pastry ever exist because walmart great value brand released one three years ago now generically thirty flavored and they never announced what the answer was outright. I remember goofy but someone who worked on those toaster. Pastries emailed me wishing to remain anonymous. But wanted me to know that. I can exclusively break. The three-year-old news. That create value mystery toaster. Pastries were sugar plum flavored. Shocker blom fascinating. Yeah I don't know why that news never fully broke. But i'm glad i can have that that distinction on my blog of saying that. I'm i'm thrilled that you got this next one on here because i i have something to contribute at dan. I think the most underreported story in syria media which i guess is basically you and me and eight other people like we definitely I think we're doing our part here but is that heb texas's own h. I guess. Texas in austin Heb is become like the most exciting producer of cereals developer cereals in in the nation. Your thinking about this a lot especially after trying something like the lucky terms marshmallow clusters which feel like they slipped through the taste testing process accidentally by way of having no taste in the first place. meanwhile you can tell that there is someone i. It could be several people. Heb who woke up one day and just decided we're going to make the best serial on earth and we're really going to put our hearts into it. Yeah we're we love. Syria were actually got to do a good job at you. Know what we've never done an interview ever. I would love to find like the person. Heb his life were absolutely. We're going for it. Yeah so if you're listening to this and you either are or no the serial heroes over at heb. The mavericks feel free to send us a message at mail at bowl dot rest with the subject line Heb omg sure But on that note. I got sent three more. Heb cereals from listeners. Douglas I want to run the run through them really quickly. Since even though they aren't strictly speaking new each are testament to just how much love and care is put into the serial at heb. So i we have honey nut cornflakes with granola really buries the lead on this one because this is like honey. Bunches of oats matched up with kellogg's crunchy nut which they said they don't make any more. I don't know if you remember that one at all. I mean i know of it but i i throw longtime so that one's unique and likewise this one is for including actual peanut flavor as compared to peanut butter But peanuts in contrast bring a really great earthen oiliness to any cereal. And i think this was a very smart and simple hybrid of something that works very often in a cereal. And something that you don't see as much so big plus there. I also got strawberries and cream crispy rice. Which is these next to a honestly Auto label so this is like if you took strawberry rice krispies added real strawberry bits to add some fruit punching nist and then added and this huge freeze dried yogurt pieces which i personally think have the potential to replace markets in any marshmallow cereal and creamy. Inist that is such a nice contrast to the tart of the strawberries nauseous safe. Yeah i may look like something out of like a trampoline park foam pit. They also look very nice and finally out of these. Three is heb mango flakes which are also stellar stellar stellar on believable. These things and you could like they have these chunks of like the flakes are so vibrant. They've got like this huge their cornflakes with like big orange color but also just like really massive granola club. You really powerful things. Yeah the granola clusters really. What does it for me here. the only other mango cereal. I've had were trader joe's mangoes and those were very like yup. This is a mango cereal. But if i can handle very on the nose. Mango for a whole boxes worth about. Heb manages to throw in these granola clusters way. More puckering aftertaste. That really just makes this a fun. Carnival for the census in almost reminds me of like a The flavor palette you gift from like a peach cobbler. Hardy crunch mixed with tartness of the fruit. Like obviously mango is not exactly peach flavor. But you get the idea from that. I think it's a- that appeal H zero scott. Y'all get near you get get over there. Heb heroes embracing breakfast. That's what i'm going to say stands for. Hey eat breakfast. You gotta tell me twice. We've told them twice now. We have two great eight. Gb acronyms hey. We asked you our beloved listeners. Which childhood character you feel got the they deserved And.
"fifty k." Discussed on The Empty Bowl
"Any other happenings in the world So it's kind of been slow going for actual retail store new serials but We have seen that for this fourth. July cap'n crunch is red white and blue crunch will be returning. This is something that appears just about every summer but this time the cabin is mixing it up a little bit because instead of just getting red white and blue colored crunch berries fears. We're getting a box of all crunch berry. Stars sounds delicious in crunch berry. Stars have appeared in christmas crunch before but they were only a small part of the overall mix. So i'm honestly a little bit worried about what sort of Rough of mouth havoc these crunch berry stars might have because you eat crunch berries already and you know the sheer goodness of them inspires you. Eat really quickly. Insertive a rope roughs up your palate a little bit and having these little cow. Trump's in the box now seems like a recipe for disaster at a backyard barbecue. Yeah the one thing. Kevin credited not need was like more texture more textural. Yeah i mean you even look at the cabins face on this box and i mean historically the cabin often does pretty funny faces with stink is an awkward smiles but in this one he really looks like he just got a five pointed crunch berry stuck in his throat. Somewhere so definitely. Don't forget to drink the milk with this one. Yeah and if only soothing balm to secure yourself One of the things we liked to do on the empty bowl is try new serials. And tell you if they're good or i won't even say back because even the worst serials pretty good. You know less than good you really. You could start transitioning into this version. Appropriately a yeah Lucky charms appointment on this one as painful dan. This wasn't hurt leader read. I couldn't even finish it. I've got incense burning a cup of tea and like a cat on my lap for this one to try and keep this discussion meditative because marshmallow. Clusters has to be a top disappointment from the past few years of cereal. I'll admit i'm not privy to the actual internal process of cereal development but having this serial which yes. You've been hired on as a consultant. Exactly exactly they'd probably too afraid that. I'll point out the clear gaps in their oat flour infusion process But the problem with this one was we. We've talked about it a few times now that two years ago it was first rumored that a lucky charms crispy rice clusters. Cereal was coming out and extensively. Seemed like this was going to fill a really big heart. Wrenching void left behind by rice. Krispies treats cereal which changed its recipe much so for the worst And from what we could see again of a very grainy image of lucky charms crispy rice clusters it had that same really good gobbled up toasted rice with a sugary binding element going on but somewhere over the course of the past two years the actual consistency and content of what is now called lucky. Charms marshmallow clusters changed dramatically. And now in addition to you know lucky charms. Marv you have these little squarish pieces made of like amalgamated grain dots Squared circles if you will and they just taste like nothing like there have been plenty of bland cereals over the years but this one takes the totally unfrosted cake really not not even more so than like the pieces of like frozen and and those that flock cereals the ones at least have sort of this density to them. They're very very light and airy. I will say that they're weirdly extremely crunchy. If that's what you're into but the flavor is just not buried kicks like rice or are they rice rice and corn mixed. So i can't really tell the exact blend but there's something very audible about the way they crunch but then you have marshmallows as well and ordinarily marshmallows exists to provide a fun pop of you know normal creamy sweetness to a more interesting cereal. Based but here it's like spreading marshmallow fluff on top of white bread It just adds nothing to. And i don't know i was really disappointed with this one so i. I wrote a bit of a scathing review that is far more negative in tone than we will permit on this podcast. But i'm already getting pretty fun. Narrative progression going on in the comments below. That post people will be like well. I can't trust your word for it. I'm going to spite by anyway. And then somebody else will apply and be like listen. That's what i said too but trust me. Do not do this. Maybe it's not all bad that something like low key. Charms didn't change anything about the cereal because lucky charms has not had a great track record lately with trying to fix what's not broken. So maybe stick to fancy margaret's for now Can we hope for better from team. Cheerios cheerios. i find that it's hard to actually go wrong because again i'm an old flower stand at heart and having this serial that's basically all about celebrating the potential of makes me really love most nutrients that come out So that was our original tagline for this show celebrating the potential votes. Exactly like the at the bureau did not give their sponsorship like we really hoped but these team cheerios. So we introduced these a news story last week and i kind of aronie asleep. Said they would just be a frosted berry flavor but they really did put in the effort to make this a cheerios mashup serial killer original team cheerios of the late ninety s. So what team sherry of does is combined. Strawberry blueberry and frosted cheerios for an end result. That is pretty. Alright right i think you see with cheerios. Allot where you're either going to get sort of a plainer more sensible cheerios variety. Or you'll get like the flavor blasted cheerios. That really hit you over the head with the indulgence factor and team. Cheerios leans closer to the former. Which if you go in expecting more of a subtle sweetness. You're probably going to enjoy them. There's a really good job of strawberry and blueberry just because those individual cheerios flavors. Were already really good. I thought this might be a little bit like very buried cheerios. But it doesn't have that same raspberry element that those did and for me. At least i'm not the biggest raspberry fan. Because i don't like how the sharp raspberry flavored tends to override everything else. So i was really happy with these team. Cheerios because he reminded me a bit of kellogg's fruity snacks which are probably the undisputed king fruits next right now especially since the old scooby doo switcheroo those for me and you know team. Cheerios isn't going to win. Any world records so to speak to talk to the team But i think they're still worth a try. If you like the constituent parts it probably could have done without the frosted. Cheerios is because they don't really contribute a lot but not bad overall especially compared to the marshmallow cluster. Lucky charms that. I had before him. It was nice to actually benefit of following this.
"fifty k." Discussed on Keep It!
"Adoptive mom <Speech_Male> that wasn't in the vagina <Speech_Male> monologues. <Speech_Male> I know they left that <Speech_Male> out for some reason <Speech_Male> <Speech_Male> Does she ever guess on the <Speech_Male> practice. <Speech_Male> Apparently not <Speech_Male> is wild. I feel <Speech_Male> like eve. Ensler <Speech_Male> should have been on the practice <Speech_Male> or something but <Speech_Male> i guess he wasn't <Speech_Male> just doing <Speech_Male> tv <SpeakerChange> guest spots <Speech_Male> the nineties. <Speech_Male> Which is what. I <Speech_Male> feel i would be doing <Speech_Male> at if i were at <Speech_Male> <Speech_Male> connecticut. <SpeakerChange> Stacey <Speech_Male> called me up. i've got the time <Speech_Male> beyond <Speech_Male> the vagina. Monologues <Speech_Male> <SpeakerChange> there <Speech_Male> is david <Speech_Male> kelly. That's correct <Speech_Male> <Speech_Male> we can hash <Speech_Male> more eves some other time. <Speech_Male> Yeah eve arden. <Speech_Male> Speak your name <Speech_Male> <Speech_Male> yes <Speech_Male> <SpeakerChange> eve. <Speech_Male> Six <Speech_Male> a open road <Speech_Male> song <Speech_Male> who loved <SpeakerChange> that straight <Speech_Male> women in two thousand <Speech_Male> they absolutely <Speech_Male> did and <Speech_Male> <SpeakerChange> eve <Speech_Male> the rapturous. <Speech_Male> Yes eve <Speech_Male> of eve. <Speech_Male> One <SpeakerChange> stefani <Speech_Male> and gwen stefani feet. <Speech_Male> Yes <Speech_Male> Who went by shelley <Speech_Male> on her <Speech_Male> sitcom <Speech_Male> eve <SpeakerChange> on <Speech_Male> upn. <Speech_Male> <Speech_Male> I didn't recall that <Speech_Male> you actually just called <Speech_Male> to my district. <SpeakerChange> I totally <Speech_Male> forgotten about. <Speech_Male> Yeah i love when <Speech_Male> actress star <Speech_Male> in a shell <Speech_Male> named <Speech_Male> after them <Speech_Male> but <SpeakerChange> their character <Speech_Male> is named something <Speech_Male> else on this show. <Speech_Male> Oh sure yeah. <Speech_Male> That is so confusing. <Speech_Male> Anyway <Speech_Male> we can talk about <Speech_Male> us all. <Speech_Male> <SpeakerChange> <Speech_Music_Male> Unfortunately <Speech_Music_Male> <Speech_Male> <Speech_Male> i think aside <Speech_Male> with this show over <Speech_Male> <Speech_Male> to begin <Speech_Male> you anything. <SpeakerChange> I'm sorry <Speech_Male> if we didn't <Speech_Male> thank <Speech_Male> <Advertisement> you to tears. S battisson <Speech_Male> <Advertisement> for being here. <Speech_Music_Male> <Advertisement> We will <Music> <Advertisement> see you next week. <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> Keep it <Speech_Music_Male> <Advertisement> is a crooked media. Production <Speech_Music_Male> <Advertisement> the <Speech_Music_Male> <Advertisement> show is produced by <Speech_Music_Male> <Advertisement> carolina rested. Brian <Speech_Music_Male> <Advertisement> semel is <Speech_Music_Male> <Advertisement> associate producer. <Speech_Music_Male> <Advertisement> Our executive <Speech_Music_Male> <Advertisement> producer is higher <Speech_Music_Male> <Advertisement> madison. The third <Speech_Music_Male> <Advertisement> think. I've heard of <Speech_Music_Male> <Advertisement> our editor <Speech_Music_Male> is bill lance <Speech_Music_Male> <Advertisement> kyle. Seguin <Speech_Music_Male> <Advertisement> is on sound engine. <Speech_Music_Male> <Advertisement> Thank you to our <Speech_Music_Male> digital team. <Speech_Music_Male> <Advertisement> Matt degroot <Speech_Music_Male> nar melconian <Speech_Male> and milo kim <Speech_Male> for production support <Speech_Male> every week. <Speech_Male> Stay safe <Speech_Male> <Speech_Male> <Advertisement> <SpeakerChange> <Speech_Female> <Advertisement> god loves you. <Speech_Female> <Speech_Female> Hi it's <Speech_Female> ana. Marie cox from <Speech_Female> with friends like these. <Speech_Female> The show <Speech_Female> is now doing <Speech_Female> a series of episodes <Speech_Female> exploring reconciliation <Speech_Female> <Speech_Female> and forgiveness between <Speech_Female> people between <Speech_Female> races between <Speech_Female> countries in marriages <Speech_Female> in the criminal <Speech_Female> justice system. <Speech_Female> And even what it <Speech_Female> would mean to reconcile <Speech_Female> our relationship <Speech_Female> to the planet <Speech_Female> and <Speech_Female> a small spoiler. <Speech_Female> That's going to <Speech_Female> be one of the trickier ones <Speech_Female> with friends. <Speech_Female> Like these seeking forgiveness wherever you get your podcasts.
"fifty k." Discussed on Keep It!
"I've just got to go out on a limb and say that white people should start wearing robes. Okay unless unless you go into grandmother's house take the hood off my god. Being part of something called the veil profit is it seems weird it. Here's the thing if the words veiled prophet you're going to be afraid looking into wicky about that. You're not going to find something normal. And so the whole thing that this is revealed to is that like a lot of organizations in america that rich white people recreate were also fronts for white supremacist organizations And matter how much they change Or you know are forced legally to accept non white people in them like in the photo that ellie kemper debutante ball this black people in it you know but it doesn't mean that you know the the history of these groups is still there you know and they were created for a specific reason and it just begs the question if something is white. Supremacist an origin. Can it become non white supremacists in practice later. I'm talking about america. It did seem like a five was emerging were ap language grand wizard. I mean i love that as it's all by the way the first time i heard of some of use that was friends social rock. Oh i know exactly what you're talking about. yes like. She's an actress and she made a joke about charlotte rampling. During the time of her press cycle for her oscar nomination and forty five years. She had said something flippant about how that was the only white actors were nominated for oscars. Maybe that was the last time that happened. And she said well. Maybe no black actors deserved a nomination this year. Which shall we say. An unflattering comment referred to her as a grad with twitter. So wild truly underrated insomnia. Very funny also again the title grand wizard like the weird queer sounding titles of kkk. Let's i don't wanna get into it. I'm sorry i don't wanna talk about. Hey cribs but yeah. It's like you're racist. You hate black people but also you love magic. Your confusing sounds like something. You'd get a happy meal like a grand wizard. Yeah did you get the grand wizard or the veiled prophet also does merlin strike you as like hetero just such a get up. You know what. I mean. I feel like ups are Queer leaning At best you know we don't talk enough about the merlin from the sordidness down. And i would love to write crew ella version of merlin. Oh god who would. I like to do now. You got me thinking. Well i to do the carello version of lord liquorice from candy land. What's he doing on that board. He doesn't have his own spot but he is twisted. Do and i think he has a friendship with queen frosty that. I wanna know more about I think he gets his life. If you will in the molasses swamp behind a tree you know what i'm saying and one last. Keep it to sports fans in general. Sure whether we're talking about The celtics fans like who are throwing water bottles at kyrie irving or celtics fans in general which you know who love being racist. They're the real grand wizard of the sports community or whether it's people who have opinions on amir soccer decided to withdraw from the french open. Shut the fuck up. Yeah weird people mad at her for stating that. She didn't want to get interviews after the fridge. Open the french open in particular citing mental health issues. We tend to always care about mental health issues for athletes and until it actually comes time to do something for them right then when they decide to prioritize it. It's always actually got nash annoying. It is particularly the french open. Because the french openness the word stipulates this like interview nature that surrounds the tournament so she was going to be fined for doing it she also decided to just pull out rather than being ejected from it. And you know. I i just want to give a special shout out to the people who used to position naomi against serena as sort of the more docile sort of like palatable. A black person you know she's mixed raced Black and japanese so they were like oh like she is. She's nine as angriest serena you know when they were matched up before and i'm the one who's playing the game correctly right near so shook that this wacko is like actually no. I got some shit to say too right. I just want to say also that in particular this last statement she released sh- i mean she leaves you with no questions. She puts it all out there. And i so appreciate the level of candor. She puts down if you haven't read the statement this person just rules who had this level of maturity when they were this young. It's shocking and you know people trying to say that her career is danger after this it's like she is so fucking talented and she is so beloved at this moment in time that i have a very hard time trying to quote unquote ruin career over this. I think there's some hard questions that need to be. Had about how we treat athletes to be honest and what. We are what we allowed to happen to them. I just want to also say. Is naomi the only cool biblical name. I don't know i like ruth. Okay i mean that runs particularly old fashioned. You know what i'm saying. Naomi has a young edge. Something you can think of a cooler biblical name mma. Her sheila that counts. But that's that's specific to one person. At this point in time i always love to kick it with a bitch named eve. True i've been yeah evan's ler writer of the vagina monologues. Yes yes yes. Who adopted dylan. Mcdermott how strange. People don't know that did she yes..
"fifty k." Discussed on Keep It!
"Icon. Maybe thank you natalie. Keep it is brought to you. By h v m an trying to lose a little weight. Sleep a little better and not feel so groggy. During the day health via modern nutrition can help you do all those things with a few small keno friendly choices to improve your metabolism throughout your day. H vm is a nutrition company. That takes the mystery out of counting macro 's the results driven modern nutrition for modern lifestyles with less sugar than competitors which is great. Because i still have no idea what the hell amac is. And there's no use looking it up. Their products provide lifestyle and habit. Upgrades that help. Their customers become healthier and better versions of themselves. By using real organic ingredients h v m and has made kito and lifestyle improvements easy with healthy and low sugar options that are great for you and deliciously satisfying h. vm n. offers single items like mcat. Oil kito food bars and kito collagen powder or you can grab a kit. That includes all the essentials at an everyday discount. So whether you're curious about kito want to improve performance lose weight or boost brain and body wellness. Vm will have a non intimidating solution for you and in tasty flavors h v m in is modern nutrition for modern lifestyles and their new kids. Make it easy to embrace healthy living and quickly feel the difference right now. H. vm and is offering our listeners. And additional ten percent off your first order when you to hiv m in dot com slash. Keep it embrace healthy living today. Go to each vm. Dot com slash. Keep it for ten percent off your first order. That's aids. vm. In dot com slash. Keep it for ten percent off. Keep it is brought to you by the new comedy. Series z way. Watch out whites from showtime and the internet sensation herself z. Way comes a no-holds-barred mix of musical numbers interviews and sketches that challenge our discomfort with race politics and cultural issues. Variety says that z is a fully formed. Bit of comic brilliance joined the hype stream new episodes of z way. Every sunday at eleven. Only on showtime. I can confirm that. Lewis has been so so scared since way drugged will she called me. It's officially june. Which means it's time.
"fifty k." Discussed on Keep It!
"Nikki likes my mcqueen's showcasing. I know she likes Seeing green I like nikki by herself. Same listen i like nikki photos by herself and i am all the way barb. Okay but we all say we love is truly. The bars are so shady. Dc when you see when the girls inc him out. But i feel like that. Not just about nikki. I feel like that about all the girls the stars it's like i'm need to see your man on the carpet with you. I wanna see you this. You're not army you. I mean we've accepted him. Like i will say that. When i went to radio they were very nice to me. And i remember she. Corrected co host. Who mis gendered you. Yes ma'am i do that like she don't kid but zoo was nice. I mean they were nice they to atmosphere like i just wanna know white queen. Radio is that i drunk. Let's kept talking about like nia. Of course of course to free every ground made it here budget of man like it was a bunch of white nearly as much black native nail. It was like streak natives universtiy the hood as bitch and i love her for being hood as she is now and bring my transsexual up there. Don't you all who talks about havoc. Whatever she wants to talk very vocal. She brought she came up. There i came there was. Snl we base somebody. But you know. I'll i'll like fish always. Oh my god. I love nikki i do. We have such a really good time. Clean radio joe button butlers. Keith came in with a game. is a true banadir. Damn off home magic school bus. Small magic i cam you know it. It was like i didn't. I didn't feel comfortable or anything. You know I love it. I still see i wanna see her. I love her like when when she's wrapping you know by herself They love china. Lee yes and listen like the way. The people have discovering like roman's revenge like pink fright like the production on that shit was next level. People are discovering it now. The talk and stuff again. I'm like her time is here it is i love my baby and i always anytime that i have a moment like that. I have a moment to really talk to her. Tell her things that i want her. I told her. I said i say queen. I want you to have a shoot line. And i want you to be high end shoes and i want you to be. I want you to happy bottom. Okay yeah take off. The zap is put on the nikki. I want you to have the peak bottoms. I want you to christian louison to do some kind of where he doesn't lion of pete bottom shoes for you. I told her this wrote her. So many things that i want her to do. She was harshly kisses stuttle. But unlike week. This is what i want. I want the stuff because like girl you came in you. Hill a decade of. Wrap down when there was nobody wrapping Iq reconstructed this stuff. You're the reason why girls are able to monetize offer their streaming and bring. What's so shady is that you came in. You re you reconstructed on the entire era of music and now girls are getting grammy's opposite. They're streamed online and they snubbing not just did that. But also like gave such a generation of like queer black people to feeling like they had a space and like be being able to like rap. Hard i'm not personally from the streets but you know there's like there's this gay st nicholas who like listening to pink friday and like okay. This is for me. Yes last question. Before i let you go. I'm leaving our. I know these. These are quick. These are baby. I along but you know because we gotta talk more. I love on okay. This is the most important question. I'm going to ask you. I caught you on instagram. Live with andy cohen asking him about porsche from real housewives of atlanta and her new man simon and you were trying to get the tea from him and he was like playing coy and i know you said we'll talk. Offline have got chatted yet. We have not really chatting yet. But i've been chatting with with with the circle. Okay we need to get you win win. Zoom shit when watch what happens live is back in person you need to be on what happens. Live first of all. Do you not see how i live out here in atlanta. I am definitely eligible to be a house of atlanta. Yes okay. We need a trans one. 'cause 'cause last season the last season the girls weren't doing it well they wasn't and i think it's because covert how would you re shake the shit. How would you reshape it if you were a friend of small. I'm the girls going to be some type of way anyway. Often they're saying hey ladies. I am a housewife up atlanta. Yes w. i. F. e. w. i. f. e. m housewives of atlanta. My husband does this to other. Y'all y'all may not ever see my has been but guess what my husband got it. I'm going out to eat dinner with your girls electric. And i'm gonna. I mean you know. I live luxurious lifestyle on a budget. I'll probably be the only one that looks luxurious lifestyle on a budget but still But no white refrigerator. no refrigerator grow. We gotta talk and refrigerator in his house. Yes i will go over there and shake it up and listen. I know that i don't wanna give. I continue contingency to me during the experience on we tv was. I didn't want to be fighting and all that stuff. The gloves are off on the housewives of atlanta okay. The gloves are off bathing suit. Es battisson experiences for the family and real housewives of atlanta's for the for the girls. Oh baby i'm coming listening. Y'all gonna let me in a sense now let's do it.
"fifty k." Discussed on Keep It!
"I ain't gonna be claire claire. Clapback chino's i don't like i'm really not interested in and i love enlisted. I've i've found some funny things tiktok so if you're tick tucker Don't to bust my windows out in my heart. I'm saying i really be the top now vine was a different story. I miss vine by made me a superstar but also got me a lot of trouble. Okay okay okay. Now listen all right so i i'm on vine and i'm looking at everybody do dine video some night. Okay we'll you know they're funny looks Let me use violence. You know. I was always about promoted my website so before i even with the first new thing i look to see. Was there anybody doing new stuff on by was any new saw hashtag and when i couldn't looked at vine after dark and i said let me pick this headache so i clicked the has. Oh everybody's naked. I forgot about after dark every anybody's making even the ones that are defined. Then make everybody's making shit we'll let me get in this section. We'll we'll it wasn't god's what for me just to be in that section having god was like listening no douala And honey that's the no way no way it's can tell the story on the cox cox's podcasts. Because it's all true. There was a guy on god. What is his name. I can't miss the it'll come to me. You'll he knows who he is elected he ever stumbled across any of my interviews. He'll hear me talk about how he was trying to. Let me have it He was like how does this woman have a debt. She has a penis everybody and he would share my stuff to the straight world and it would just go ballistic because of honey. I have my face look. You don't see this is a fishing is and i'm plus is girl so Of course it looked like they were like wait. A minute this woman so he attributed to me going viral And any time that you've seen a clip of me going viral or whatever is always been from read. That's how is it like i was telling early. That's how the be yourself be step your pussy of hunting. Get a job. Bill that came from me reading somebody. Yeah i got on the vine. Somebody was trying to you know because i was so popular. They were trying to Like steal the vice uploaded. Like they were me. You know whatever I was on whoever this is this from the catfish me to be. You still get a job out a business. I had no idea that was going to be master ever mantra okay. This is vh one behind the vine. I love this. I have a copy written and i have trademarked it like that. Is my mantra. Like that is not as you know and we still say it. I still say some drag race. Rupan hang out. It was like the madison Sale get a job suck a dick like it was the fit to hear. Rousse and i live of. I was society. Yeah which is a fucking with me. You know. I wanna ask you to you. Were talking about how you know you had to like. Switch up the game a bit when you realized that young people were viewing your stuff. And you know you also had Dinosaur like introduce you to you know sort of like some of the other girls that you didn't know right what would you say was. We're like the practical things that you did to sort of like. Educate yourself to get yourself to the point where i feel like you speak so eloquently on trans issues and it's like obviously you had to learn all of that yourself to be able to educate us you know. And how was that process. I've learned how to articulate things by a having conversations with other girls and watching you watching. Burn watching janet markets. My girlfriend hope keeps me up all the wickets also me sent. Oh in applying it you know to myself and said okay. This is what this man this way for so long. So this is the explanation for the i getting so now that i've learned i have a large audience. Let me tell people. Hey is you know. And i don't necessarily agree with everything learn says about her. You know about trans identity and Janet says about trans identity. However i understand it and i'm like okay so we can make sure these people make they say the right she to tiffany new york pollard. that's right. You had a conversation with with new york who you're friends with about her coming under fire. Recently for congress people's at what transphobic. How did that conversation go well. I told her i say sister. And she we love each other like crazy. And i know that she is one woman that does not have any. Ill intentions toward trans women. But she's also she's also from time before teaching We're just now getting into time where girls are really teaching on the platform to teach that. Hey that shit out you know And i said to her sister. You gotta realize that time to change from favor of love girl like when you start calling a woman a man and things like that that those are that's transphobic. People are now really understanding and getting a grip. How dangerous transphobia is and there are six women who have been victims of transphobia. Yeah i mean every the first two seasons of rewatching love and hip hop atlanta right. It's like every insult hurled at jocelyn. Is you look like a man and like watching that. It's like you see how that contributes to transphobia actual transfer. It is. yeah and it's just like because she's a woman and you know the way that they're stiff spewing this ed her you told i new york you spew this in a violent way now. I told her. And i'm not gonna lie. God forgive me but the shit was funny. I say when you said sweaty balls sweaty instead of the outside new york you cannot do that Not now you could. You could have got away with that twenty years ago. No you can't do that to transplant. You can't do that to women your hit like no and she she she was trying to get it and then she really got. Another transplant became in a broken down. Because she's my sister. So i wasn't really harsh on her like. Oh did you. Because i know that she did. There was no malicious intent behind. What she was doing she just doing what you know. And she said to mass i am. I've been called a man. I'm always called a man. And i it what you have been a victim of transphobia And because you're famous and people know who are Put yourself in the shoes of a woman who doesn't who nobody knows and they're calling her man there were brick to come aside her head right after that. And she's this woman and there could be a british that comes out of the distance into your head because someone was you. Were thinking that you are trying to I do have a very pressing question for you too because well to questions actually because we're on the same wavelength pop culture. Wise is and so before you go a one we gotta talk about. Be me up scotty. Finally drop in. What is what track. Are you listening to constantly. I'm in it with fractions. I love fractions. I think fractious is one..
"fifty k." Discussed on Keep It!
"Well again specifically in this just the even the way. She breeze the way she takes a moment to just look forward and appear to be thinking about the gravity of everything while also expecting the gravity of everything. She's somebody who's used to the harshness of her own life and doesn't have an egotistical reaction to it and for some reason that was empowering to see i think but she is truly insomuch wild shit like quills Divergent movies know. What was she doing in the divergent movies. We really we basically through shaleen and young adult prison for a long time and made her do that. And you didn't even like i'm still not over. That shaleen by the way was supposed to be are weird granola queen and then she ended up with aaron rodgers which is just like the plane ass kicked cereal of celebrity spouses There's also appeared. She was married to sam mendes. Correct yes so. I don't like revolutionary road. No i don't. I don't think it's a good movie and have not read the book but i hear it's an awful adaptation of the book which is the sprawling thing but you do get michael shannon scaring people and i do believe we should have actress. Who seem like they're film the villains somewhere in the picture and now we've moved past christoph waltz and michael shannon can just take those roles this you think you think we think we no longer have use for christopher worlds. I'm sorry you get two oscars for doing that. You get to oscars for being wildly we g and fiddling with your mustache we just don't need third version. That's fair that's fair and we put him in that movie downsizing to punish him. I believe i heard about down-sizer what a crazy movie. It's like okay. it's gonna be a movie about people. Who are legos. No wait it's about. Climate change secretly just the rewrite palooza. That movie must have been. I guess i guess at the end of the day. I'm happy with of town and the mystery was fine. I guess yes. They worked really over time to get it to the end. Where there's you know like it's two women really went through something right also. Yeah you did get a dynamite. Performance from julia. Nicholson who's like the queen of unassuming performances. Like somebody who is the mark her though that character. Yes we'll talk you're talking about someone who also maybe stormed the capital. Who knows the grit. There i don't trust it but juliette nicholson's so good in august osage county where some people are great. Some people are okay and then benedict. Cumberbatch was like by the way i sometimes. Yeah he does to that. But here's here's my question. Who do you think's going to win. That mini series. Acting emmy is a kate. Winslet or any taylor joi- or actually will Underground railroad come into play. This is secretly the most competitive category coming up. And by the way the emmys are only a couple of months away the shrew you know i have to get into underground railroad so i'm just finally diving into all the shows i'd missed while i was out of I figured mayor had to happen. I because it was indie. Right if you had to pick between kate or anna who gives the superior performance I don't now. I got to think about that. One i think that enya was so compelling in that role and she was the main reason why. We love the queen's gambit coach. But i also thought it was fun and thrilling Ultimately enjoyed the queen's gambit. And more than i did. Murphy's town of interesting i definitely like mayor of eastbound more but like it's sort of comparing a star making performance and and yet to a veteran performance and i mean it's like the zodiac. You know you where you fall on. That tells me everything about you. I will go veteran. I want the venerable people to win it. I'm gonna vote for francis norman and nomad land. That's how i roll Do you know what else i did. Over memorial day weekend. I got very stoned with rise and watched crew ele. I got unsown and watch kerala which was mistake also a tour de force performance. Right interesting question. I like this movie. I liked it. I i wanna say that. Would we're in an era where disney is just want to like remake their animated films but basically like remake them in the way of like beauty and the beast the lion king where you're essentially watching the same fucking movie. Only it's with cgi now How wild that they were like. You know what you wherever the fuck you want for kerala and also i didn't halfway through it was like who the fuck directed this and it's craigslist. Who did i tanya so strange. Though i guess he's into gritty twisted retailing's of stories. You thought you knew so all right. That's fair but i will say i didn't not like i tanya mean and the real girl which he also did you know so. I think that this is i think he's found his footing. I thought the movie was fun. And honestly i can imagine why you do this because like i said you know if disney is gonna let you do whatever the fuck you want like a guerilla movie like this. I can see. Why am i read. This was like oh okay. This isn't like just redoing. One hundred one dalmatians like correct. Seen by seeing you know and there are. I think perks to this version like they get into swinging london. It's obviously very style heavy..
"fifty k." Discussed on Keep It!
"Were you surprised to find out that it was. I who killed aaron mcmenamin on mayor of east lead. My suspect listen. I'll tell you why they said it took place in a park at night and i was like. Oh that's my friend. Ira no question so you have been watching of east had week to week louis. Yes which has been both rewarding and incredibly painful since. I'm so used to in queens gambling. Everything and just picking a saturday to huff an entire television series as opposed to think about the languor of mayors life weeks on end wondering if she will ever be happy or satisfied or get over the death of her son see. I watched all of it in one day. Which was its own kind of rewarding experience. But i will also say that i didn't miss. I guess the talking about it week to week sort of people were doing with the undoing. But i still got my of conversation on memorial day weekend. You know like a friend had us over and made fried chicken. And everyone was just chatting about the finale. So i still got my colm rotary and chatting about a new tv show. And i feel like. I could dense it to one day. Oh good i was at a party with it was smallish but there were people. I didn't know and stuff and i was kind of dreading the entire day like knowing. I have to watch mayor today. I'm not an uncomfortable place. Will they have do. They know who mayor is. Do they care that. She's a hoagie eating hero. That we all need. And i eventually had to go back to my hotel and watch it. But i don't know something about this show was so i i don't know how to put it. Like shockingly good and ingratiating and that it was like a typical crime thriller but then every moment she was on screen she really was never contrived it was like you were watching. Someone lived their life. And i don't know home. The last show. I watched right honestly felt like i was getting one hundred percent of a person's life i really learned their whole story. It really felt super filled in and comfortable to me. Even though nothing in her life was good yeah. It felt almost like a throwback to you know from suspects more luther. It felt it had a sort of bbc quality about it where mayor was very realistic. And i will also say the benefit of this series you know especially as opposed to a lot of the other. Hbo mini mysteries. We've been getting like. I mentioned the undoing before every character in this at least felt well dronne and like they contributed to the story that was we were watching unfold as opposed to like the doing where i felt like. Everyone was a red herring. Why you in this. Except to be a red herring. Whereas i feel like i actually cared about most of the characters in this series. Yeah i questioned whether or not. We needed to know the college radio station drama of mayors lesbian daughter. But time you do need things to throw you off the sent a little bit from what's happening and because the way the mystery is set up your brain wants to go and fifty thousand different directions and suspect everybody and so you sort of need one or two red herrings. That said i. It is pretty wild to me. That guy pearce ended up being not a part of the main mystery just dependable and nice author as the rumor goes. Kate winslet asked him to do the role last minute. They obviously were in mildred pierce together a few years ago. Wonderful miniseries if you haven't seen it And rad to see todd head. yes quite. who's by the way. Todd haynes some my favorite movies and some of my least favorite movies. I don't know any director who was gone and back carol. Is it my top tier. And i'm not there if anybody brings it up. I become homicidal. You don't like i'm not there. Like what like dill. It is very complicated. Not really to be fair. I have not seen it okay. Well it's nothing. But i've heard so much of the opposite of that so now i have to watch it to see if you're right. I thought it was like pretentious. I mean she does. Kate does a great job. But that's just a segment of the movie you know it's like his knife is broken up into vignettes and julianne moore does a very strange and i will say somewhat mean portrayal of joan baez. That's still lingers. Maybe this is about my joan. Baez standing ultimately. Maybe i'll do that and finally watch walked. Okay walk the line. I only saw a few years ago on a plane. The plane plane movie. That ever planned a you. Don't watch it anywhere else. Okay i will definitely gonna play. Then the thing about this series two was that obviously there are two mysteries going on there. Were the missing girls. And then there was the murder of aaron an at no point that i think that they were connected at all and then episode five once. They really dive into solving the mystery of the missing girls. It really from that episode for me was a bit of a mass because it was all of a sudden it was yet. None of this is connected and this was just a certain lot going on in the background. Oh yeah that was weird because when they saw that part even though there was the thrilling shootout where her partner died they still tied up that storyline by being like oh somebody saw license plate and this random guy who has nothing to do with the story like they could have done that three episodes ago Yeah and that will always bring me back to veronica marci's and one which i always think is like a perfectly drawn mystery because there were two mysteries who was solving in that first season which was veronica's rape and also the murder of her best friend but the suspects list for both of these things overlapped in a weird way. It was the episode where she was figuring that out. You were still looking at the same people in the same story that you've been following all season right just making this a random guy and you find a license plate and then you're hunting him down and rescuing the girls from mike this cage that they're in like okay gives you the cop drama but it doesn't have anything to do with what we've been watching. It also seems very unlikely the cops would not have been able to find this giant batting cage tavern that we're these girls were captain. It seemed like like a year had passed. That felt a little unlikely to me but nonetheless. I mean you really get the kate winslet performance. You've been waiting for a sense as we all know. I hate steve jobs. But since at least revolutionary road for me at least in terms of or or mildred pierce. But it's a real return to form for her and by the way what whiplash. It was to watch the making of after where of course. Kate has her wonderful english accent and then her daughter though the lesbian with the haircut is australian again they just have infected us. The new co variant is australian actors. They just do everything for us now. Well anything to wash out the memory of collateral beauty. That and kate winslet movie. That i can't believe will smith helen. Mirren and kate winslet did i. I am really glad for this. Return form for kate because she's one of my faves. Let's kate winslet is truly one of my favourite white women. Yeah i don't know what it is. There's a trustworthiness about her. Well again specifically in this just the even the way. She breeze the way she takes a moment to just look forward and appear to be thinking about the gravity of everything while also expecting.