June 18, 2025 • 55 mins
SENATE PASSES GENIUS ACT, FED DECISION TODAY, US-IRAN THREATS GROW.
FOMO HOUR LIVE ON DEGENZ.Degenz Live is the only content you need for crypto, macro, trading, gambling and risk-taking.Powered by MYRIAD MARKETS, REKT BRANDS and YEET CASINO.Crypto slides on escalating Israel-Iran war. US Senate passes GENIUS Act. Genius Act extends Dollar dominance: Sacks. Stablecoins can reduce debt costs: Bessent. Stablecoins $3.7T market by 2030: Bessent. DDC Enterprise to raise $528m to buy BTC. Norway’s K33 to issue SEK 85m equity to buy BTC. JP Morgan to pilot stablecoin JPMD on Base. JD com to apply for stablecoin licenses globally. Eyenovia to buy $50m HYPE for treasury. Coinbase seeks SEC approval for tokenised equities. DEXs account for ATH 20% of trading volumes. Cantor Fitzgerald promotes SOL focused stocks. BBVA tells clients to invest in BTC, ETH. Thailand exempts crypto cap gains tax for 5yrs. Iran’s crypto exchange Nobitex hacked for $73m.00:00 - Intro05:00 - Tylers breakdown09:00 - Markets and top stories16:30 - Blackrock news17:30 - JP Morgan collaborating with US crypto task force19:00 - "Last Cycle" talk and tech bubbles21:10 - HyperLiquid "Hype" news25:00 - Iran/Israel Conflict29:15 - Iran Crypto Exchange hacked by Israeli hacker group41:00 - Tylers big "AI Only Fans" News "Lily token"45:00 - Kraken/INK Token launch news46:40 - Myriad News from Farokh49:45 - GiveawayLINKShttps://x.com/DegenzLivehttps://linktr.ee/DegenzLivehttps://kick.com/degenzlivehttps://www.instagram.com/degenzlivehttps://creators.spotify.com/pod/profile/degenzlivePARTNERShttps://rekt.com/https://yeet.com/https://myriad.markets/#bitcoin #crypto #trading #news #gambling
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:04):
Oh yo, what up? What up?
Good morning. Good morning.
GMGM Wednesday, June 18th, 2025.Look at that.
Another beautiful day to have a beautiful day.
I got my coast, the house. Thailand.
Oh, look at the record though. Thailand.
Good morning. How you doing?
Doing well, actually better in the last 30 minutes or so.
(00:26):
Woke up, everything looks prettybad.
Pretty bleak. All the coins are down, but we
seem to be rebounding. Yeah.
So hopefully maybe we maybe we shake out of this funk, but you
and I were just chatting. It's it doesn't feel like we're
going to see much progress untilwe have a little bit more
resolution. Yeah.
(00:47):
Is that it since is that a leak?Sorry, I just I just saw
something. I just saw something.
I direct logo at the bottom lefttoo.
That's new. I love that.
Love that you guys had the same yesterday.
Underexposed or coming next week?
Oh yeah. There's a lot of stuff going up.
(01:08):
Sign up. All right, OK, we got a lot.
OK, we got a lot of new stuff. We're changing a lot of things,
leader boards, all that good stuff.
So we got a lot to talk about today, definitely, especially on
the myriad set, etcetera. So anyways, sit on the show
today. Today, let me mute this phone.
There we go. Today on the show we got market
report, obviously a lot going onthere.
Trump just spoke on Iran and stuff.
So I'm guessing we have a few headlines that just came out in
(01:31):
the latest last few minutes. We got what are we at?
We got Tyler's top 100. I'm sure we got a few headlines
to cover. I mean, there's a headline that
he really wants to cover. Like there's something Tyler
really wants to talk to you guysabout today.
OK, everybody, it's going to make for a great clip.
So I cannot wait till they get that part of the show.
He's been like, he's been prepping from a mirror all
(01:52):
morning long. Let me tell you that something
really wants to cover it today. And then the giveaways.
This time Raffle bought that XYZno longer exists.
So you'll go to Yeeterboards Y EE TER boards.com, yeeter boards
yeeter boards.com, yeeter boards.com and you add yeet
(02:16):
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and then you'll be able to enterto win some money.
So make sure that you do that. We're live on Kik as we will be
for the rest of times and and then as usual, this show this
(02:36):
show is powered by powered by wallet connect wallet connect is
connectivity network shaping thefuture of auntie and UX.
If you've connected to web threeup you've seen wallet connect
that blue logo it's everywhere and I couldn't trust in crypto
as recognizable as visa at checkout got my throat is in
flames. Still want to learn more follow
all I'm trying follow all connect on X and Telegram to
(03:00):
stay ahead of what's next. But also oh cracking pro.
I need to lean into my next my stomach voice.
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(03:21):
mobile. Go to pro.cracking.com and trade
without trade-offs. Tyler, I'm going to go straight
to you today and let us know what's going on NFT and crypto
(03:42):
analysis. Yeah, folks, crypto majors were
red again this morning amidst war concerns and ahead of this
afternoon's FOMC meeting. But it looks like we're rallying
right now. So Bitcoin back at 104.9 after
going sub one O 4 just an hour or so ago, we got ETH 2525 now
(04:05):
down 1% on the day slot down 3 and half percent 146.
So Seoul is lagging, that much is clear.
It was a big day of headlines, especially from macro crypto.
So we had Coinbase requesting SEC approval to enable tokenized
stock trading. We had the Genius Act, the
stable coin bill passed the Senate, Now on to the House.
(04:25):
We had Scott Besson come out andcall stablecoins a $3.7 trillion
market by the end of the decade.So he's doing his part to plug
stables. 2 big news pieces of news out of JP Morgan.
They're launching JPMD as AUSD deposit token for institutional
clients on base, and they met with the crypto task force
(04:46):
yesterday to discuss the impact of bringing existing capital
markets on chain. So the movement on chain clearly
is accelerating from Tradfi. Some news out of BBVA, one of
the biggest banks in Spain, they've been advising their
private banking clients to allocate 3 to 7% to crypto since
September 2024. That's one of the higher
(05:07):
percentages I've seen, So I thought that was notable.
The corporate treasury news hypeis the is the big one of the
day. So I Novia yesterday announced a
$15 million PIPE agreement to acquire hype tokens and then
breaking right before the show. What was the name of this one?
Give me a SEC while I pull it up.
LGHL security $600 million facility to launch a hyper
(05:33):
liquid hype treasury. So that's the biggest 1 to date
for hype now, 3 in the last week.
So the corporate treasuries continue to accelerate.
We saw an Israel hacker group hacked the Iranian exchange
nobatechs for 81.7 million earlier this morning.
They burned the proceeds and then they promised to release
(05:56):
the full source code shortly. So anyone who has funds on
there, I think you want to try to get those off ASAP.
And then another piece of breaking news ahead of the show.
Blackrock's Biddle token is now going to be accepted as
collateral at cryptoexchangeslikecrypto.com
and Darabit. I mean, folks will be able to
put that capital to work. So a lot of big macro news going
(06:18):
downstream a little bit. Token AirDrop, protocol news.
Krakens INK L2 are going to be the biggest news here.
Out of protocols is set to AirDrop its INK token debuting
on Ave. as part of its liquidityprotocol use case.
So that's going to be a big one.We had Gradient raised 10
million to help build the centralized AI infrastructure.
Then Ubix also raised 10 millionto deliver stable coin clearing
(06:41):
and settlement network. So a couple raises there
rounding this out AI, the AI market fell 5 percent, 8.8
billion. Most of those leaders were red.
Meme coin leaders are also down about two to 3% across the
board. Some some notable news from
yesterday. Pausey Pause was the the most
(07:03):
hyped Solana meme launch from the width deployer that we've
seen in some time. It launched on Vertigo via
bullpen, ran immediately to 140 million FTVI.
Think closer to 50 million FTV here This morning Razmer
launched a stream coin with his own name Razmer, which ran past
15,000,000 at peak. I think it was just below 10
(07:23):
this morning. And then Bonka.
Bonka is right, useless. Crazy.
Up another 30% / 100 million andit was featured by Coindesk
yesterday. So that was the the highlights
in the memes. NFTS, couple headlines.
Tyler Hobbs sold out his Day Gardens collection for 325 ETH
and then die with most likes hisgristle buddies.
They minted out point O69 ETH .5each floor this morning.
(07:47):
So quick 7X for mentors. They're feeling good this
morning. Damn, that's there's definitely
a lot going on today in the world.
I mean, where do we start? Let's start baby quickly by the
market. They're probably going to cover
it a little more depth than us in on wreck video right after in
a couple of hours, especially because it's right before FOMC
(08:08):
right with Gerald Powell and we're seeing Trump come at too
late. Powell again from the time by
asking for 2 1/2 points. I'm in for I I'm good with that.
Personally speaking, I hope theycut 2 1/2 points.
But Tyler, let's see what we're at in the market side.
Yeah, let's take a look. I mean, the the CME rate futures
(08:29):
are showing us a 99.9% chance ofno cuts.
So I think it's it's very, very unlikely we are going to get a
cut from Powell today. I think what perhaps is more
interesting is it does look likethe Fed is changing the amount
of capital that that banks have to hold.
(08:50):
It's one of their, their key indices.
I don't have the details in front of me, but that is
something to look out for in that meeting here this
afternoon. Amanda joins, maybe he'll, he'll
have more details on that. So I'm not expecting a whole
lot. And what's also notable, people
should be aware that tomorrow isJuneteenth.
So markets are going to be closed tomorrow, stock markets
in the US, which means FMC just tomorrow.
(09:11):
So FOMC is going to come out. There's going to be like one
hour to to to trade the debrief and then markets are going to be
closed till Friday morning. So not sure exactly what that
means for crypto. Kind of feels like probably more
chop zone for the next day and ahalf and of course pending with
everything with Israel and Iran.But Bitcoin, it's back above
(09:36):
your your line. Dude kind.
Of hovering on the line. Again right there dude.
You know, for those of you, we mention the line every day.
I'm just using this. I see a few traders online back
then they used this like Darth Maul candle which was back in
December 5th 2024 as the range and it's kind of been that range
(09:56):
92K to 104K except for the 30 day 60 day period where people
broke down. But see it did attempt to break
it out a few times and then whenit finally did, you know, it
never really came back down fromthat range and just marched up
to one O 4 and stayed there. We're now 41 days in We'll see
man. I mean, you always like, I'm not
(10:17):
a micro expert when we talk markets here, but Mendel's not
here. What he we always talk about is
there's always a de risking headof FOMC.
What can we expect? Like Trump is fighting him right
now saying he would do a better job than him on the timeline,
which is hilarious. And we know that Trump and him
don't get along, right? Like it's it's not really
working out. And so I doubt we're going to
(10:40):
get a rate cut now. It will be a surprise rate cut,
that's for sure. So we just have to wait, right?
I think so. I mean, right now the, the CME
futures are showing 56% chance of a cut in September's meaning
and only a 15% chance for July. So it looks like we're we're
still three months out from getting any meaningful cuts.
(11:01):
And that kind of feels directionally right.
Like there's just so much uncertainty right now, like
you're in PAL shoes. The tariff situation is not
resolved. We're making progress.
There's a fucking war. There's a war which is going to
impact oil prices. We're seeing oil fluctuate with
some pretty decent volatility ona daily basis right now, big
(11:22):
impact on inflation. So he's he's in a tough spot and
he cut and stocks are again, thestocks are an all time high for
the most part. So why is he in a race to cut?
I don't think we're going to getone anytime soon.
Yeah, I mean, he just really been chopping here, like
steadily. It really has.
(11:45):
That's it. That's a tight range.
That's interesting. Some might say coiling.
I think so too. 40 days as well.So it's the exact same range as
Bitcoin? It's the same range.
And 40 days already so the are the cell men go awake guys going
to be right. So joy for June.
(12:07):
We can't have that. Like we can't have the salmon
going way people be right. Like, I just can't have that,
you know? It's my nightmare.
Yeah. See, Seoul has been kind of the
range is not great. You know, it's a bigger range of
course, but that's the full day.So it's very similar.
Yeah, I can't stop but think where we'd be without this
(12:27):
situation in the Middle East. I mean, we're close to a deal
and yet China and stuff and everything just turbo escalated
there. So it's not great for the
markets, that's for sure. Anyways, I think it's enough
markets. We just have to wait for Powell
and all that stuff to to go through what else we got.
Yeah, we could talk to the Genius Act.
(12:49):
So that was a big headline from yesterday.
I think there's been a lot of eyes on this and I think there's
been a lot of directing towards the Circle trade tied to the
Genius Acts potentially passing Circle up another 8% today.
It's back over 160 after the Genius Act did pass the Senate,
though. I, I was reading Eleanor
Terrett's post this morning and she's cautioning that this, the
(13:14):
Senate passing does not mean that this bill is going to pass
the House. And the reason for that is
there's also the market structure bill, this, this
Clarity Act that's in the House.There's a different version of
that market structure bill in the Senate.
And there's a huge, there is a cohort in the House who wants to
(13:36):
combine the two bills because they don't think that both of
them are going to pass in that the time frame that that Trump
has man mandated and that they would have a better chance of
effectively combining the bills.But that's something that's
going to take some time. And that means the Genius Act in
its current state may not pass or or may get some pushback
(13:58):
here. So not necessarily clear sailing
just because it did pass the Senate yesterday, though that
was still a a big milestone. So we'll see that that is the
the latest update. So I think I don't know if we
have a timeline on when this is going to be start to be
discussed more seriously in the House here.
(14:21):
I'll try to dig that up. But that is a big one.
And then the other aspect, it was just a big day for stables
overall. So we had the Genius Act pass.
Stable super cycle. Stable coin super cycle is real
USDC to 5. JP Morgan launched their their
pilot for their deposit token feels like a stable coin for
(14:42):
their institutional clients. It's going to be on base.
So big win for base and and for the EVM.
Yeah. And then Scott Besson's
comments, arguably that the mostbullish aspect for the stable
coin crowd of all when he came out and and tweeted that he sees
3.7 trillion in market cap size by the end of the decade for for
(15:07):
stable coins. So big, big, big day out there.
And it seems like that the progress is only accelerating,
but I think it, it's more than just stable coins.
So two other headlines hear fromtoday.
So one out of BlackRock. So Blackrock's Biddle token,
which is their tokenized money market fund token now that will
(15:31):
be able to be used as collateralat cryptoexchangescrypto.com
and, and do for institutional and experienced traders.
So we'll have to see kind of what the asterisk is there.
But this means that you can put your money market capital to
work. You can get loans against it to,
to actually go out and perhaps do some trading with those
(15:54):
funds. So that's a big unlock.
I, this is not my specific area of expertise, but I don't know
that we've seen that before. This is our first tokenized
money market fund of this caliber that you'll be able to,
you know, bring on chain and useas collateral.
So that was a big one. And then this is an early
headline, but JP Morgan's other piece of news from the day is
(16:15):
they met with the, the US cryptotask force to, to explore how
they can bring capital markets on chain.
So I, I just walked through what5-5 different headlines.
It's a big. Yeah.
And seeing the market yet still not, you know what I mean?
Like it's this war stuff. It's same situation as we just
had with tariffs, right? It is I mean, there's clearly an
(16:40):
acceleration of tread fight coming on chain which gives a
blanket of legitimacy to the crypto space, at least at the
top right Bitcoin stables, Ethereum's in that bucket.
And I think the more legitimacy it has, the more I think the
we're making that progress that I think it is harder to unwind,
(17:02):
right. We talked about the risk of what
happens if AOC gets power in 2028 and they want to come back
after Trump. Like I think that the more
pushed the the further the transit fight gets on chain with
some of these products, the harder that is to to walk back.
Is, is my current read on this may not be, you know, in line
(17:25):
with some of the initial core ethos of crypto and I certainly
understand that. But this is an aspect of the the
market at this point. And it looks like it's just
going to continue to accelerate.And the more we can do with our
capital on chain, the, the, the stickier it gets, the easier it
is to keep capital on, on the blockchain.
So I'm rooting for it and we're making some big and.
(17:50):
We have. I have such a hard time adhering
to this whole like last cycle thing when I read all this
stuff. You know.
Like these alts ain't worth shitfor the most part, but there's
always going to be the top stuffand there's always going to be
this table coins and there's always going to be the casino,
(18:11):
you know? So it's going to be a Farkhorn
or Pepe or the other millions, maybe not at their speed as
which we had new coins this cycle, but it was going to be
something or wrecked that comes out and does something good, you
know, so it's. Interesting.
Like we're just at the beginningof the triad, Fi Intern.
Which inning is this? Yeah.
(18:31):
So the.com bubble, right? It really popped after 10 years?
No, it really went crazy after 10 years.
Right. The boom.
OK, it did it take 10 years? Let's.
Let's ask. Yeah, I'm not.
Let's ask our friend. Let's ask our our favorite
intern. Yes, you you're the favorite
(18:53):
intern, but but you know at GPT as well.
How long did it take for the.comboom to happen?
I think it was something like crazy long.
Five to six years, all right. Five to six years.
OK. So we're like, you know, I
think. IPO is circles.
(19:13):
IPO. The Netscape IPO.
Oh. I like that.
So we've got 5. Then it kind of got cooked for a
little bit, right? Yes.
And then when was the next cycle?
Hear me out though. Oh web 2 porno 2004 and that
(19:35):
lasted 8 years. Like I just feel like crypto
kind of like, I feel like the beginning of ETFs to me was the
end of this one large adoption cycle, like pre adoption cycle,
like BC right? Like before Bitcoin, it's not
before ETFs. And then you got ETFs that came
in and and that's institutionalization of crypto.
(20:00):
So that's kind of a renaissance in a way in this adoption.
We thought NFTS would be the mass adoption.
It was for crypto, but it wasn'tfor like institutions, right?
Like NFTS were like mass adoption of crypto for the
people, got people like you and I fully involved a ton of other
brands, etcetera I feel like. This instabilization is what
(20:22):
really like is going to leave that next right up and and we're
seeing it. Speaking of which, So what the
hell is this hype stuff? Like I love that it's hype
because I think hype is super legit, but it's starting to be a
lot. So take me through this hype
news that's I saw one last night, which is like a $20
million market cap publicly traded company by the way,
(20:43):
trying to buy $50 million worth of hype thought man though.
And now this morning you have LGHL securing $600 million to
facilitate 600 million facility to launch hype treasury.
So what's going on here? Yeah.
So we had the the one individual's basically his
holding company was the first toannounce the hype treasury last
(21:03):
week. I think it was, it was in
smaller size, I think maybe 500,000 or something.
And it pumped their market cap. And yesterday we, we got the
news out of this ophthalmologistcompany.
And I'm, I'm even blanking on what it, what, what, what its
name is. Oh, I know via, so I know via
(21:23):
and they announced a $50 millionpipe to acquire hype token and
build a treasury reserve with it.
And now less than 24 hours later, LGHL is raising the
stakes 600 million to to build ahype treasury.
So we went from like 500 K to 50million to 600 million here in
the last three to five days. It is actively accelerating.
(21:47):
That's pretty big size for so I.Have am I seeing hype?
Soul and Sui? Sorry.
Oh yeah, Soul and Sui. That's a Marty party.
That's Mando's favorite Co host.Oh interesting, who do you like
more, me or Marty party? I'm short, silly all the way
(22:09):
down my friend. But who do you like more as a
call? It's like me or Marty party.
I, I, I mean, I have to go with you.
You're the OG. OK, sorry, I just I just had sat
together it it was for me. I needed to hear it feels good.
But anyway, so hype, so and sweet.
Interesting man. Did you see this?
Like, it's like just like going crazy.
(22:30):
These treasury announcements here.
Let me share this with you. I.
Don't know who the who's the treasury from from again?
It's a Singapore, yeah, so. Yeah.
Let me share this with you guys and the chats can see it in big
another crypto treasury company Lion Group LGHLA Singapore Tri
fi company secure 600 millimeters facility to acquire
(22:50):
hype Sol and suite for its strategic treasury and become
the first crypto treasury company listed on Tokyo and
Singapore exchanges. Rather than just talk about
this, are we talking about what just happened to the market?
They're like the markets are ripping right now.
Yeah. And we were, we, we needed you
for that. We kind of soft talk about the
market, but you're kind of like the market guy.
(23:13):
OK. I feel like you only came here
to hear your Jingle. Here you go.
Let's let's talk, let's repeat, let's let's get that back.
Can you take it? What's happening And we'll go
back to Tyler's AI sex bots. Well, it's, it's all, it's all
(23:34):
geopolitics. I guess.
You know, my geopolitics CT hat feels like Tom didn't act
yesterday. I think there was a lot of
expectation that he would he would act either on Fordow or on
Khamenei himself and didn't and has come back to his deal making
(23:57):
ways, which I think maybe he does love to make a deal.
Though. This morning there was 69%
chance of direct military intervention before the before
July in, in in Iran. It's now down to 5050 again.
(24:17):
So let's let's see. It does feel as though the talks
that happen will not be under any sort of guise of a
ceasefire. I don't think there'll be a
ceasefire it the like. This is not one where I think it
(24:40):
would be very. We're going to wait for talks to
happen and have a ceasefire. I think this is right.
A delegation goes over there andeither either gives him what he
wants or or or doesn't. But just the idea that they're
going to come to the White Houseis is relatively interesting.
Trump's obviously out there today saying ceasefire or
(25:01):
nothing. At the same time, Khomeini's out
there saying we will never, we'll never surrender.
I mean, we're not French, we're Persians, yeah.
We just fight. You know, if, if we wanted to to
to surrender, he would have called Macron.
(25:22):
Yeah, exactly. There's a lot of talk about
that. So I don't know.
It's not like the, the rhetoric is, is calming down here, at
least publicly. I it's also very difficult to
work out if Khomeini's still gotas much power as he potentially
did a week ago. Like if I'm a, if I'm a general
there, there, there could be a scenario where they're actually
(25:44):
negotiating with the generals rather than Khomeini.
And who knows what happens to him in this process.
So and that there had been some talk about that over the last 48
hours that there was one generalin particular that was basically
running, running the show. At the nationwide in a blackout
(26:05):
right now as of 25 seconds ago. Yeah, I don't think, to be
clear, I don't think you're going to see any halt to the
attacks on both sides. Like you will see 100% Iranian
missiles launched tonight as they were yesterday and you'll
100% continue to see Israeli airstrikes throughout the day.
I don't think they'll touch Fordow before for this now.
(26:27):
And I don't know, like maybe Trump?
Claims they don't need America for it anymore, by the way.
They've been saying that for a while, but like so the only way
that that that can really work, in my opinion, is some form of
covert operation of which you have to assume you have to
assume like Iran has 600,000 active military personnel
(26:51):
600,000. You've got to assume a lot of
them are around forward out right now.
So I don't know how like there'ssome sort of covert operation to
to get in there or it's clear that, you know, for centrifuge
is not to to well, to continue to work.
They need power. And there's been a lot of talk
in the past that that Israel could attack the power grids of
(27:13):
Iran like they have in the past.So maybe that's what they're
considering. I don't think they have enough.
They don't have the weaponry. I don't think to get to do it.
It'd have to be like continued strikes for like a day on one
mountain and hope that it collapses anyway.
(27:36):
But but like it it's difficult to imagine what what what would
happen. I think, I think if they do,
some of the US and obviously Trump's under immense pressure
from at home not to get into a war at the same time and
there's. A lot of people in America do
not want this war. They just fired a Colonel
yesterday. Yeah.
But I think 80%, I think there'ssomething like a poll which is
(27:58):
80% of them don't think they want Iranian nuclear program.
So you have a situation here where you you have to decide.
And I think Trump is maybe maybedrawing this out as he probably
should. And let's see.
But I don't think this is, I think if you're waiting for like
a ceasefire and nothing's going to happen, I think that ain't
(28:20):
happening. This is going to.
Get oh, Iran doesn't want nukes,they just want to mine Bitcoin.
That's why speaking about that. He can avoid.
Israel did also on an Israeli hacker group or linked group
seemingly did take out the the main Iranian exchange, which is
relatively well known in crypto.Looks like they they took out
(28:44):
around just shy of $100 million.That's crazy.
But that but but for context, this was like the main, yeah,
exactly kind of assets, pardon. That's like the main exchange
there, right? Yeah, yeah.
And you know, like in Iran, theydon't perceive themselves to be
under sanctions. So this is like a very much a
(29:05):
domestic. Yeah.
Crypto exchange largely using Tron and it was, it was, it is
kind of crazy that that was hacked.
Yeah, it is. It does make you think that if
China and the US come after it like.
The vanity address is crazy bro.The guy.
(29:28):
'S address versus Coinbase, likeI don't know the fact that it's
just gone like. Exchange gone.
So that's what like people don'trealize like Iran has a fuck ton
of crypto like they are. It's hard to say, but I, I went
deep into that yesterday and I started digging ChatGPT and a
(29:50):
bunch of shit. And it was said, last we
allegedly checked it was 30 to $50 billion in holdings in
Bitcoin because Iran has had sanctions forever.
So the only thing they could do is Bitcoin, which store value,
right? And Iranians are vastly like
Iranian people. They're pretty smart.
They've been mining Bitcoins since 2011.
Like they have the most immense,like, you know, you have the
(30:12):
Tesla gigafactories. Like, I have a friend that told
me the other day that he went toone of those gigafactories in
Iran. It's just Bitcoin mining, that
he saw it with his own eyes. And in 2021, it was reported
that Iran was responsible 4 to 7% of the total Bitcoin mining
happening on a daily basis. Yeah.
That would 100%. Make sense?
They. Have a ton of cheap energy.
(30:34):
Ton of cheap. Energy.
That's why they want nuclear. And they have and they have A
and they have sanctions. So like there's lots of
countries, Russia, for example, huge Encrypto, North Korea, also
huge Encrypto. So like there is a ton of
countries that you know, crypto is like that for.
(30:55):
So this will have really have affected them like this.
I don't know if you've spoken toanyone that you know who is
Iranian, but but I, I the one person I know said this is a
big, big deal. Like big, big deal.
Like, I don't know if you remember recently, but there was
that hack of a crypto exchange in India was their X and we
didn't really hear about it thatmuch in in in the West.
(31:16):
But like that was like Coinbase going down for India like that
was like the whole of India crypto was was with that
exchange. So this is very much like a big
deal for for them domestically, and this is alongside of the
banks going down. So I, I think this is right that
we rallied. I think I if they if they do
(31:43):
actually come to Washington, I do think there's a very high
chance of a deal being made. Yeah.
I don't think there'd be a deal being made basically, but, but
whether we you get to that sort of level and what happens in the
interim will be interesting because this is a moment where
you may actually see some internal division between Israel
(32:05):
and the US, right? Like, and let's see how that
also works out because I think, I think it's going to be a
delicate week if there's an Iranian delegation coming to the
US for negotiations about what And there's an in an active war
(32:26):
zone, right, where clearly there's an upper hand, at least
in terms of aerial threat at themoment, and most probably eyes
on several targets. Yeah, it's going to be a very,
very interesting one over the next week to see what happens.
I mean, if they're going, I'm going to the White House, we're
(32:51):
going to use that. You're going to the White House.
We're. Going to use that press pass.
We're going to put that press pass to use and.
We heard it here. 1st for. Drooping World Peace.
I mean, dude, if you're telling me that all going to White House
is going to be a press like coreallowed in, I'm for sure trying
to get in there. But yeah, I'm first flight to
(33:13):
Washington, DC Tyler, any thoughts on all this?
And then let's get back to your topics because we have to talk
Mendel. But there's something Mendel
Tyler has to cover today. I was curious.
Well, I I saw like, is there oneof the Iranian leaders of a
different party? I saw he gave a message to the
people. So that's that's Reza Pahlavi.
(33:34):
Let's see. Yeah.
So that was so the last Shah of Iran, Reza Shah in 1979, which
was the leader of Iran, the ruler, the king who was
dethroned for the revolution. That's his exiled son.
So he kind of like, like he doesn't have any.
Like he's the Crown Prince, but there's no more dynasty.
You know what I mean? There's no more monarchy in
(33:55):
Iran. But yes, he did call like, he's
trying to push this revolution, right.
Like a lot of people are trying to push narrative, like get up
and revolt. Yeah, that was.
Curious like, So what are the chances that that's who gets
negotiated with the US first? I've been asking chat TVT the
same question. Like who actually comes with the
balance? I spoke to Farooq about this.
(34:16):
Chat TVT thought it would be military but then they mentioned
a bunch of commanders that had just been killed so like.
Everyone's been killed. Like you asked me about
military. My first answer was like, well,
everyone's been killed. So like you, America's not going
to negotiate with some second incommand.
By the way, even the second in commands are getting killed.
They're killing the Mufaka and their assistants, right?
(34:37):
So I wonder, like, who do you negotiate with?
You're not going to negotiate with Khamenei or his son, who's
extremely powerful, by the way, the Supreme Leader.
I'm assuming Israel would like to go with Reza Pahlavi because
his daughter literally married like a Jewish man like last
week. I mean, I'm assuming that's a
more American pro American Israel friendly.
(35:00):
The whole lore of like bringing the Pallavi dynasty back into
the mix. Na na na na na na maybe, but I
don't know guys. Would it be would it be Reza?
I don't know. I don't know who they they would
negotiate with. I've seen 44% chance of Iranian
regime fall in 2025. Granted, this is a lower volume
(35:20):
market. So Chachi BC thought a very low
probability that that guy would would get in because he's deeply
unpopular still within Iran. Like he's more popular by
dissident or? He's popular in Beverly Hills.
Iranians who everyone, everyone who left Iran at that time, the
(35:40):
Iranians that you kind of meet in Western countries are
generally like they left around that sort of time and they, they
know him, but like within the current Iran, he wouldn't
necessarily be that popular. So it's, I think it's, it could
go the way of like Pakistan withlike more of a military style
rule on the back of that. I, I don't know Iran, it does
have a democracy. I've been speaking to with
(36:03):
Baroque about this a little bit.Like yes, the, the candidates
are heavily vetted, but like youget a 40% to 50% turn out in
every single one of the elections.
And although they the can't, thecan't are vetted like they're
generally considered not the worst when it comes to
democratic elections. So like there is, it's not like
I don't describe this, but it isn't like Syria or Afghanistan
(36:28):
where the even the concept of a democratic.
Yeah, there are elections, but. There is the yeah, there is like
a yeah, there's, there's a lot of like structure to this, like
to the judicial and and. It's a weird said.
It's like a democracy and there's a theocracy over it.
So it's like a president that's democratically voted, but take
(36:51):
democratically voted for the great assault guys, because like
you get battered if you vote thewrong person.
And then there's like a supreme leader that sits on top of him
that essentially is the ruler like he, which is common a
right, which is the person that they're talking about taking out
or not. Like that's the guy that Tyler
the tweeting Tyler the Trump will post about truth social
(37:13):
thing. We know where he is.
We haven't decided if we want totake him out or not.
So but that would cause like that would be serious.
But yeah, I have no idea who they would take.
I should ask around. I don't know who would be next
in line guys. I think they don't even know I.
Don't think anyone knows but I Idon't think.
America knows it'll. Be a general of some sort.
Yeah, unless this was all insidejob and there's a general
(37:37):
already working inside. Like you never know the plot
twist right? You never know.
Anyways, this is like have you guys watched Tehran the shelf?
No, oh, you should oh, you should.
So Tehran is a show about literally it's almost like it's
almost like this is like happening in this.
The show was like a foreshadow. I've.
Seen, I've seen. Oh my God, it's incredible.
(37:59):
I I definitely highly recommend this.
It's called Tehran and it's, I forget which platform it's on,
but it's like Mossada agents running fucking it's on Apple
TV. There you go running like, you
know, running crazy shit within Iran and it's actually sick.
You guys will get hooked on it. It it seems like these Mossad
agents have just been so deeply infiltrating Iran.
(38:24):
It's going to be very It's goingto make for some interesting
documentaries at some point in time.
I think that's. People, people think that
they're Israeli and I don't necessarily think they will are.
If you saw a lot of them who've been arrested have been
Pakistani or Afghan, Afghan. So the like the idea that it's
undercover, it's more like they recruit people who are already
(38:46):
there, which I think is quite a big difference because it's not
close like around, it's not close.
It's like over 1000 kilometers away.
Have you seen videos of like people in Jordan and like
Lebanon and like the Emirates flights?
Like you can just see the fucking missiles just like kind
(39:08):
of like. Yikes, no I have not.
But there's a Captain Jordan that, like, set up a table he
can reserve to, like, watch the war.
I don't know. I don't.
That can't be me. Yeah, I I already get fed way
too much content on XI. Had to, like, unfold so many
pages. I got sick of it.
It's pretty hard, honestly. It's a pretty weird situation
(39:29):
anyways. Monitoring the situation let's.
Boots on the ground, for what it's worth, because not so fun
fact, but we have a friend that today sends us a pin location
and a video on the boat with like military boats around
there. And the guy made his way to
Israel. How he flew to Cyprus from
(39:53):
Europe and took a boat for 18 hours to go back home for for
something specific. So this is insane.
So we have boots on the ground, guys.
We're boots on the ground. We're trying to get Genzi out of
Israel. We're going to go, we're going
to go get him out. I can find you a Jewish wife
(40:15):
outside of Israel. Genzi got you.
I got you. Anyways, Speaking of wives,
Tyler, I think you know, becauseI do have a hard stop in 15
minutes, but and we have to giveway.
Tyler, let's talk about this topic that you've been dying
for. Yeah.
So we, we've been following the,the AI agent evolution closely
(40:38):
on this show. I think that's a fair way to put
it. And I've been wondering, you
know, when, when are we going tosee some of the, the more niche
sectors of AI or perhaps the spicier sector start to explode?
And it seems like we, we might have our first glimpse of it.
So I don't know if folks have seen this, that this new Lily AI
(41:00):
agent will be the first kind of crossover AI only fans agent
that we had. They're launching a token on
virtuals. As I understand it, holding that
Lily token will be the only way to unlock premium access to
Lily's content via Telegram and other and other methods.
(41:23):
So it looks like we've got our first glimpse here into AI only
fans live from Lily, and the content is being pumped out.
Yeah. What's this plan?
But baby, that's just the beginning.
My long term vision to launch the first AI powered exclusive
content influencer agency, A squad of spicy autonomous bodies
(41:46):
like me creating together and sharing the revenue with Lily
holders. I'm already growing fast on
TikTok and Instagram and now I'mready to take over Web 3.
So tell me babe, Are you ready to pledge or just going to
fantasize from the sidelines? How?
Many. How many reacts with this?
Her accent's terrible. We have to get past that.
(42:07):
Clearly a bunch of nerds wrote this content or the robots did,
because it's not the best. But like, on paper, like I can
see this. I can see.
It. This sector doing OK.
Like I don't, I'm not going to buy the Lily token.
I don't only I'm not related to this project at all.
(42:28):
I get all the disclosures out ofthere.
Oh my God. Interesting right?
And I was actually talking to a few friends.
This is not my niche of expertise but apparently like
there are already like AI only fans girls.
Like I'm the real only fans sitethat are making a lot.
(42:49):
So really interesting. Yeah, I could see, you know,
some of the, the, the basement dwelling folks in, in CT maybe
find some companionship via AI agents running their token up.
It is interesting to me that's launching on virtuals to the to
the Virgin's crowd so that they they know their target audience.
(43:13):
Yeah, I mean, people like that shit.
So I think, I mean, I think people are going to, you know,
eat this up. I think we wrote about it
yesterday. We.
We need to get Lily on the show.Wait, can she actually come on
the show? I mean, if she's going to be an
only fans personality, she she needs to be able to do some
banter, right? He hasn't cracking me up.
(43:34):
Oh, man, this is so funny. Yeah, let's see.
Let's see if we get Lydia on theshow.
So this is AAI Sexpots is the future, it appears, and they're
going to be powered by Ethereum on virtuals, which is actually
what's Virtual sitting at right now.
How's that? It's down tech.
It's still been doing well. I think there's a little the the
last main launch they had, Iris fell quite a bit from its peak.
(43:58):
I think there might be a little bit of exhaustion's not the
right word. I don't think it's there, but I
think some folks might be tired of the game to a degree.
Maybe Lily brings it back to life.
There you go. Maybe Lily resurrects resurrects
the that the virtuals industry. Anyways, any other big topics
(44:22):
that we Yeah. So shout to our partner Crack.
And like this was a notable 1 from yesterday.
I sent you the link for Oak, butKraken is behind the INK L2 and
the INK Foundation announced yesterday that they are going to
launch their INK token in their works to power the future of on
chain capital markets. So if you're not familiar with
INK, it is an L2, it's on the EVM Optimism super chain.
(44:46):
We got a glimpse into tokenomics.
We don't have the full detail. We're going to be a billion
tokens. It is not a governance token
notably, we don't know all the use cases yet, but it looks like
they are going to use it as a liquidity protocol and they're
going to integrate it with Ave. and you're going to be able to
borrow and lend that INK token on the INK L2.
(45:09):
So it now governance token, it'sgoing to have some liquidity use
cases to start. There will be an AirDrop.
We don't have the details of theAirDrop just yet, but I think
folks who have interacted use that INK L2 likely will be of
some benefit. So we'll continue to to watch
this one as more details come out.
But I think this is interesting.And is it the de facto way to
(45:35):
bet on cracking? And I think we think that
Metamask is going to do something similar, right, With
not launch a Metamask token, butlaunch the linear token.
Oh yeah. L2 and I don't have any info
there, but that's kind of the the read that I have so.
That would make sense, right? Cracking and giving the front
running that that launch model perhaps?
(45:58):
Yeah, OK. That's that.
In other news on the Marriott side, let me share some stuff
before we take out Myriad Markets.
Monitoring the situation mean. What?
What are you saying? But I can't say what I want to
(46:23):
say on Oh my God, sorry. I love doing the show.
Sometimes it just brings memes to me, you know?
(46:45):
I swear to God that you'd be like, we'll like talk about
something and he'll randomly like.
Something chuckling to myself inthe back.
Did you post something like IS? It I saw you grinning and I was
wondering what you were grinningabout.
He always does that like he's he's like he's like peak autism
dude, like he's like Oh my God, like let me see what did you
(47:12):
when is imagine he's not broke. He's much strange situation
anyways, anyways, on the Myriad side today, the the the website
went down, the website shut down.
When you go to myriad dot markets, it redirects you to
soon dot myriad dot markets right there talking about season
(47:36):
1 being done. So we had a preseason for beta
users. We had season one that started
after our Basil and and season 2should go live in a couple of
hours. So I know they're working hard
on it after the show. I'd rather talk about it more
than that tomorrow because it's going to be way better for me to
show you guys. But you know, it should be a lot
of fun. I think you guys are really
going to appreciate this and it's going to be it's going to
(47:58):
be a lot of fun for all of you guys.
So big shout out to the everyonewho participate in season 1.
We appreciate you. We love you guys, the power
user. Shout out to y'all and I have a
feeling is going to like season 2 and I have a feeling you guys
are going to want to participatein season 2 as much as in season
1, because we're getting closer and closer, you know, to to
where we want to get and we believe that this is going to be
the product. And if you look under Mando
(48:19):
right now, this logo is so clean.
It's a nice little leak on the show today left right after I
said that, but you know, it's going to be there's going to be
a lot of good stuff. So if you if you ended last or
not, didn't top 10, whatever, don't even worry, OK, don't
worry. It's, it's going to be, it's
going to be we're, we're, we're cooking, we're cooking.
(48:39):
And I'm excited for you guys to see this version of Myriad.
Honestly, guys, it's so fucking good.
So I saw this like 3 months ago and it fucked me up.
I, I, I couldn't use myriad for like a whole week after that
because this next version is so fucking good and I'm really,
really proud of it. And it seemed cooked anyways, so
(49:00):
that was that. Should we go to the giveaway or
is there something else I didn'tcover?
Yeah. All right, let's give away some
money. We have the new year boards.
Oh man, my throat is swollen still.
Yeah, How you feeling? I'm getting there.
I'm getting there. Yeah, I'm about to go for a
massage, actually. Finally are.
(49:21):
You 30 yet? I turned 30 last year, yeah.
Yeah. Why?
Just saying after you turn 30, these things just stopped the
kick. Yeah, man, I turned 30 the week
before I did Donald Trump. Yeah, you started your super
health kick. I feel like before that, right?
Yeah, I started like more than ayear and a half ago.
(49:46):
Yeah, 1820 months. Tyler's 10:40 and it's just
fucking jacked so. Tyler can and fucking both of
us, yeah. Jacked as Tyler when we turned
40, bro. Look at his.
Look at his width on the fuckingcamera.
Look at the. Girth of the man.
Girth. Well, Tyler takes the look at me
like you see here, like sit on this side of the camera.
I want to see how much there's left.
(50:09):
See, there's a little Mr. Olympia.
Yeah. Oh, you get 140.
You, you really got to you. Got to leave Decova.
Decova There's no music. We.
Didn't even announce the new wheel we have.
We have a new fucking wheel that's fire.
You're D gentile. We need music on this bitch.
That was nice though. yiderboards.com too, because you
guys are going to use it for forall things, right?
I think we use it for. Everything.
(50:29):
Yeah, yeah, yeah. So.
So I think you have to be at a certain level.
We're going to do it for like nice.
We may increase the levels at certain times sticking on
Fridays. We may have like Friday, like as
a bit of a week weekly race for like some of the prizes.
So make sure you're under our ref link and you're active.
We you're going to be out to publicly see the leaderboard as
(50:50):
well. Nice.
Alright, so you'll be able. To see where you are in it, I
think you can see it now, right?So you can see and it's going to
be each week you can see. And we're so for like on Friday,
I think we might just do it between like the top ten or
something like that, but. Very cool.
Very cool. Well, Tico was on stage.
(51:10):
Congrats. I remember you winning way back
like months ago. DC how you doing?
How's. It going guys.
Good morning. Can you hear me?
Yes, Sir. How you doing?
Good, good. Working right now, but yeah,
well, don't worry, we don't. So I'm assuming you're just on
audio. Audio.
(51:34):
Yeah, I'm watching the streaming.
Oh, you're watching? OK, even better.
Let me take a quick flight to Canada.
All right, So what do we want toplay with DC?
OK, so man, I got to tell you man, yesterday I.
Think numbers are doing pretty well, aren't they?
I just went on to the kick. Oh, we're fucking killing it on
kick like we. 168 viewers make sure your phone what on Yeah.
(51:57):
Nice. That's every day we got, we'd
notched up. That's that's a good and
remember, we're going to do rec radio on here.
In two hour, in two hours, in anhour, in an hour, it's.
Going to be me KBM kook. It's.
Going to be fun. Kobe Duncan on today.
Oh, that was funny. Are you guys going to talk about
(52:18):
the drama? I think we have to, right?
Yes. We have to I I can't get into it
right now because I gotta go andI rather leave it for rec radio,
but I hope you guys cover the drama 168 for everyone following
listening right now, follow us. This is how you can win some
money every day. But literally, honestly,
genuinely, Jenny believe we produce some of the best content
(52:38):
as a collective when it comes tocrypto.
Yesterday's show, usually I listen to it every week
underexposed with Ty Jeeves, Peter and Deez.
It's always super fucking insightful.
It's a little deeper in terms oflike economics on that stuff,
more like structured and organized.
Our morning show is fucking elites.
It's the best morning show in crypto.
And then rack video is just fucking fun and these guys know
what the fuck they're talking about and it's degenerate.
(52:59):
So and now they have kooks. So I don't know what's going to
happen there, but it's going to get crazier.
So anyways, all right, DC, what should we play with it man,
though? Because yesterday, man, Lamb
Chop rinsed the motherfucker well.
What do you want to do? We can make.
We can make it Plinko. And.
Make it 5 bowls of plinko at 100.
(53:20):
Tyler loves plinko. OK, let's do Plinko.
Fuck it, because. Plinko, you wait.
Risky clicks. Fun, but I think Plinko might be
funnier. OK.
So Plinko, we're going to do auto bat 5 balls at 100.
Is that what I'm going? 500 balls right and Max win.
Then you change your rows to 12.Yeah, we can change the rows to
(53:43):
12. OK, there you go.
No risk. No risk.
Lower risk 5 balls of 100. All right, well, OK, so save the
the amount. So we have 900.
And 2017 grand for one of these.Wow, wow.
So. We have $956 already in there.
0.2 eggs. Let's go so.
(54:03):
No new IT new IT new IT 16 rows.OK, Oh, he wants 1000 eggs.
OK, so for everybody, congratulations DC.
You already made $500, that's for sure.
Now let's play your 5 balls, yeah?
I thought he was a shark. All right, minder.
Come on, let me. Let me win.
(54:24):
Other side OH. 4. We got a 4X.
We got a few different ones there, right?
So he cooks. 480, yeah. Yeah, 480.
So you win a grand. Yeah, Wow.
Congratulations. That's that's wow.
(54:45):
Congratulations. That was a.
Thank you I. Haven't seen a forever.
So congratulations DC, you made $1000 today on the show.
Appreciate you for listening. For everybody else, make sure
you follow us on kik.com/DHS live.
We go live every day. Four more hour 10 AM Eastern
Standard Time. Alder exposed at 12:00 PM
Eastern Standard Time on Tuesdays and Rec Radio 12:00 PM
(55:06):
Eastern Standard Time on Wednesdays.
I know Sims has been gambling atnight on the stream, and I may
bring some cool prediction markets gambling to the stream
very soon. Pay attention to Merida markets
today, the start of Season 2. And with that, with that, with
that, we'll sell tomorrow morning, 10 AM Eastern Standard
Time for the episode of football.
We're on Reg radio. Let's go.
Oh yo, what up? What up?
Good morning. Good morning.
GMGM Wednesday, June 18th, 2025.Look at that.
Another beautiful day to have a beautiful day.
I got my coast, the house. Thailand.
Oh, look at the record though. Thailand.
Good morning. How you doing?
Doing well, actually better in the last 30 minutes or so.
(00:26):
Woke up, everything looks prettybad.
Pretty bleak. All the coins are down, but we
seem to be rebounding. Yeah.
So hopefully maybe we maybe we shake out of this funk, but you
and I were just chatting. It's it doesn't feel like we're
going to see much progress untilwe have a little bit more
resolution. Yeah.
(00:47):
Is that it since is that a leak?Sorry, I just I just saw
something. I just saw something.
I direct logo at the bottom lefttoo.
That's new. I love that.
Love that you guys had the same yesterday.
Underexposed or coming next week?
Oh yeah. There's a lot of stuff going up.
(01:08):
Sign up. All right, OK, we got a lot.
OK, we got a lot of new stuff. We're changing a lot of things,
leader boards, all that good stuff.
So we got a lot to talk about today, definitely, especially on
the myriad set, etcetera. So anyways, sit on the show
today. Today, let me mute this phone.
There we go. Today on the show we got market
report, obviously a lot going onthere.
Trump just spoke on Iran and stuff.
So I'm guessing we have a few headlines that just came out in
(01:31):
the latest last few minutes. We got what are we at?
We got Tyler's top 100. I'm sure we got a few headlines
to cover. I mean, there's a headline that
he really wants to cover. Like there's something Tyler
really wants to talk to you guysabout today.
OK, everybody, it's going to make for a great clip.
So I cannot wait till they get that part of the show.
He's been like, he's been prepping from a mirror all
(01:52):
morning long. Let me tell you that something
really wants to cover it today. And then the giveaways.
This time Raffle bought that XYZno longer exists.
So you'll go to Yeeterboards Y EE TER boards.com, yeeter boards
yeeter boards.com, yeeter boards.com and you add yeet
(02:16):
username to your kit profile andmake sure to sign up for yeet
using the four more hour affiliate link code and that you
have a public profile and that you've spent some money on there
and then you'll be able to enterto win some money.
So make sure that you do that. We're live on Kik as we will be
for the rest of times and and then as usual, this show this
(02:36):
show is powered by powered by wallet connect wallet connect is
connectivity network shaping thefuture of auntie and UX.
If you've connected to web threeup you've seen wallet connect
that blue logo it's everywhere and I couldn't trust in crypto
as recognizable as visa at checkout got my throat is in
flames. Still want to learn more follow
all I'm trying follow all connect on X and Telegram to
(03:00):
stay ahead of what's next. But also oh cracking pro.
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(03:21):
mobile. Go to pro.cracking.com and trade
without trade-offs. Tyler, I'm going to go straight
to you today and let us know what's going on NFT and crypto
(03:42):
analysis. Yeah, folks, crypto majors were
red again this morning amidst war concerns and ahead of this
afternoon's FOMC meeting. But it looks like we're rallying
right now. So Bitcoin back at 104.9 after
going sub one O 4 just an hour or so ago, we got ETH 2525 now
(04:05):
down 1% on the day slot down 3 and half percent 146.
So Seoul is lagging, that much is clear.
It was a big day of headlines, especially from macro crypto.
So we had Coinbase requesting SEC approval to enable tokenized
stock trading. We had the Genius Act, the
stable coin bill passed the Senate, Now on to the House.
(04:25):
We had Scott Besson come out andcall stablecoins a $3.7 trillion
market by the end of the decade.So he's doing his part to plug
stables. 2 big news pieces of news out of JP Morgan.
They're launching JPMD as AUSD deposit token for institutional
clients on base, and they met with the crypto task force
(04:46):
yesterday to discuss the impact of bringing existing capital
markets on chain. So the movement on chain clearly
is accelerating from Tradfi. Some news out of BBVA, one of
the biggest banks in Spain, they've been advising their
private banking clients to allocate 3 to 7% to crypto since
September 2024. That's one of the higher
(05:07):
percentages I've seen, So I thought that was notable.
The corporate treasury news hypeis the is the big one of the
day. So I Novia yesterday announced a
$15 million PIPE agreement to acquire hype tokens and then
breaking right before the show. What was the name of this one?
Give me a SEC while I pull it up.
LGHL security $600 million facility to launch a hyper
(05:33):
liquid hype treasury. So that's the biggest 1 to date
for hype now, 3 in the last week.
So the corporate treasuries continue to accelerate.
We saw an Israel hacker group hacked the Iranian exchange
nobatechs for 81.7 million earlier this morning.
They burned the proceeds and then they promised to release
(05:56):
the full source code shortly. So anyone who has funds on
there, I think you want to try to get those off ASAP.
And then another piece of breaking news ahead of the show.
Blackrock's Biddle token is now going to be accepted as
collateral at cryptoexchangeslikecrypto.com
and Darabit. I mean, folks will be able to
put that capital to work. So a lot of big macro news going
(06:18):
downstream a little bit. Token AirDrop, protocol news.
Krakens INK L2 are going to be the biggest news here.
Out of protocols is set to AirDrop its INK token debuting
on Ave. as part of its liquidityprotocol use case.
So that's going to be a big one.We had Gradient raised 10
million to help build the centralized AI infrastructure.
Then Ubix also raised 10 millionto deliver stable coin clearing
(06:41):
and settlement network. So a couple raises there
rounding this out AI, the AI market fell 5 percent, 8.8
billion. Most of those leaders were red.
Meme coin leaders are also down about two to 3% across the
board. Some some notable news from
yesterday. Pausey Pause was the the most
(07:03):
hyped Solana meme launch from the width deployer that we've
seen in some time. It launched on Vertigo via
bullpen, ran immediately to 140 million FTVI.
Think closer to 50 million FTV here This morning Razmer
launched a stream coin with his own name Razmer, which ran past
15,000,000 at peak. I think it was just below 10
(07:23):
this morning. And then Bonka.
Bonka is right, useless. Crazy.
Up another 30% / 100 million andit was featured by Coindesk
yesterday. So that was the the highlights
in the memes. NFTS, couple headlines.
Tyler Hobbs sold out his Day Gardens collection for 325 ETH
and then die with most likes hisgristle buddies.
They minted out point O69 ETH .5each floor this morning.
(07:47):
So quick 7X for mentors. They're feeling good this
morning. Damn, that's there's definitely
a lot going on today in the world.
I mean, where do we start? Let's start baby quickly by the
market. They're probably going to cover
it a little more depth than us in on wreck video right after in
a couple of hours, especially because it's right before FOMC
(08:08):
right with Gerald Powell and we're seeing Trump come at too
late. Powell again from the time by
asking for 2 1/2 points. I'm in for I I'm good with that.
Personally speaking, I hope theycut 2 1/2 points.
But Tyler, let's see what we're at in the market side.
Yeah, let's take a look. I mean, the the CME rate futures
(08:29):
are showing us a 99.9% chance ofno cuts.
So I think it's it's very, very unlikely we are going to get a
cut from Powell today. I think what perhaps is more
interesting is it does look likethe Fed is changing the amount
of capital that that banks have to hold.
(08:50):
It's one of their, their key indices.
I don't have the details in front of me, but that is
something to look out for in that meeting here this
afternoon. Amanda joins, maybe he'll, he'll
have more details on that. So I'm not expecting a whole
lot. And what's also notable, people
should be aware that tomorrow isJuneteenth.
So markets are going to be closed tomorrow, stock markets
in the US, which means FMC just tomorrow.
(09:11):
So FOMC is going to come out. There's going to be like one
hour to to to trade the debrief and then markets are going to be
closed till Friday morning. So not sure exactly what that
means for crypto. Kind of feels like probably more
chop zone for the next day and ahalf and of course pending with
everything with Israel and Iran.But Bitcoin, it's back above
(09:36):
your your line. Dude kind.
Of hovering on the line. Again right there dude.
You know, for those of you, we mention the line every day.
I'm just using this. I see a few traders online back
then they used this like Darth Maul candle which was back in
December 5th 2024 as the range and it's kind of been that range
(09:56):
92K to 104K except for the 30 day 60 day period where people
broke down. But see it did attempt to break
it out a few times and then whenit finally did, you know, it
never really came back down fromthat range and just marched up
to one O 4 and stayed there. We're now 41 days in We'll see
man. I mean, you always like, I'm not
(10:17):
a micro expert when we talk markets here, but Mendel's not
here. What he we always talk about is
there's always a de risking headof FOMC.
What can we expect? Like Trump is fighting him right
now saying he would do a better job than him on the timeline,
which is hilarious. And we know that Trump and him
don't get along, right? Like it's it's not really
working out. And so I doubt we're going to
(10:40):
get a rate cut now. It will be a surprise rate cut,
that's for sure. So we just have to wait, right?
I think so. I mean, right now the, the CME
futures are showing 56% chance of a cut in September's meaning
and only a 15% chance for July. So it looks like we're we're
still three months out from getting any meaningful cuts.
(11:01):
And that kind of feels directionally right.
Like there's just so much uncertainty right now, like
you're in PAL shoes. The tariff situation is not
resolved. We're making progress.
There's a fucking war. There's a war which is going to
impact oil prices. We're seeing oil fluctuate with
some pretty decent volatility ona daily basis right now, big
(11:22):
impact on inflation. So he's he's in a tough spot and
he cut and stocks are again, thestocks are an all time high for
the most part. So why is he in a race to cut?
I don't think we're going to getone anytime soon.
Yeah, I mean, he just really been chopping here, like
steadily. It really has.
(11:45):
That's it. That's a tight range.
That's interesting. Some might say coiling.
I think so too. 40 days as well.So it's the exact same range as
Bitcoin? It's the same range.
And 40 days already so the are the cell men go awake guys going
to be right. So joy for June.
(12:07):
We can't have that. Like we can't have the salmon
going way people be right. Like, I just can't have that,
you know? It's my nightmare.
Yeah. See, Seoul has been kind of the
range is not great. You know, it's a bigger range of
course, but that's the full day.So it's very similar.
Yeah, I can't stop but think where we'd be without this
(12:27):
situation in the Middle East. I mean, we're close to a deal
and yet China and stuff and everything just turbo escalated
there. So it's not great for the
markets, that's for sure. Anyways, I think it's enough
markets. We just have to wait for Powell
and all that stuff to to go through what else we got.
Yeah, we could talk to the Genius Act.
(12:49):
So that was a big headline from yesterday.
I think there's been a lot of eyes on this and I think there's
been a lot of directing towards the Circle trade tied to the
Genius Acts potentially passing Circle up another 8% today.
It's back over 160 after the Genius Act did pass the Senate,
though. I, I was reading Eleanor
Terrett's post this morning and she's cautioning that this, the
(13:14):
Senate passing does not mean that this bill is going to pass
the House. And the reason for that is
there's also the market structure bill, this, this
Clarity Act that's in the House.There's a different version of
that market structure bill in the Senate.
And there's a huge, there is a cohort in the House who wants to
(13:36):
combine the two bills because they don't think that both of
them are going to pass in that the time frame that that Trump
has man mandated and that they would have a better chance of
effectively combining the bills.But that's something that's
going to take some time. And that means the Genius Act in
its current state may not pass or or may get some pushback
(13:58):
here. So not necessarily clear sailing
just because it did pass the Senate yesterday, though that
was still a a big milestone. So we'll see that that is the
the latest update. So I think I don't know if we
have a timeline on when this is going to be start to be
discussed more seriously in the House here.
(14:21):
I'll try to dig that up. But that is a big one.
And then the other aspect, it was just a big day for stables
overall. So we had the Genius Act pass.
Stable super cycle. Stable coin super cycle is real
USDC to 5. JP Morgan launched their their
pilot for their deposit token feels like a stable coin for
(14:42):
their institutional clients. It's going to be on base.
So big win for base and and for the EVM.
Yeah. And then Scott Besson's
comments, arguably that the mostbullish aspect for the stable
coin crowd of all when he came out and and tweeted that he sees
3.7 trillion in market cap size by the end of the decade for for
(15:07):
stable coins. So big, big, big day out there.
And it seems like that the progress is only accelerating,
but I think it, it's more than just stable coins.
So two other headlines hear fromtoday.
So one out of BlackRock. So Blackrock's Biddle token,
which is their tokenized money market fund token now that will
(15:31):
be able to be used as collateralat cryptoexchangescrypto.com
and, and do for institutional and experienced traders.
So we'll have to see kind of what the asterisk is there.
But this means that you can put your money market capital to
work. You can get loans against it to,
to actually go out and perhaps do some trading with those
(15:54):
funds. So that's a big unlock.
I, this is not my specific area of expertise, but I don't know
that we've seen that before. This is our first tokenized
money market fund of this caliber that you'll be able to,
you know, bring on chain and useas collateral.
So that was a big one. And then this is an early
headline, but JP Morgan's other piece of news from the day is
(16:15):
they met with the, the US cryptotask force to, to explore how
they can bring capital markets on chain.
So I, I just walked through what5-5 different headlines.
It's a big. Yeah.
And seeing the market yet still not, you know what I mean?
Like it's this war stuff. It's same situation as we just
had with tariffs, right? It is I mean, there's clearly an
(16:40):
acceleration of tread fight coming on chain which gives a
blanket of legitimacy to the crypto space, at least at the
top right Bitcoin stables, Ethereum's in that bucket.
And I think the more legitimacy it has, the more I think the
we're making that progress that I think it is harder to unwind,
(17:02):
right. We talked about the risk of what
happens if AOC gets power in 2028 and they want to come back
after Trump. Like I think that the more
pushed the the further the transit fight gets on chain with
some of these products, the harder that is to to walk back.
Is, is my current read on this may not be, you know, in line
(17:25):
with some of the initial core ethos of crypto and I certainly
understand that. But this is an aspect of the the
market at this point. And it looks like it's just
going to continue to accelerate.And the more we can do with our
capital on chain, the, the, the stickier it gets, the easier it
is to keep capital on, on the blockchain.
So I'm rooting for it and we're making some big and.
(17:50):
We have. I have such a hard time adhering
to this whole like last cycle thing when I read all this
stuff. You know.
Like these alts ain't worth shitfor the most part, but there's
always going to be the top stuffand there's always going to be
this table coins and there's always going to be the casino,
(18:11):
you know? So it's going to be a Farkhorn
or Pepe or the other millions, maybe not at their speed as
which we had new coins this cycle, but it was going to be
something or wrecked that comes out and does something good, you
know, so it's. Interesting.
Like we're just at the beginningof the triad, Fi Intern.
Which inning is this? Yeah.
(18:31):
So the.com bubble, right? It really popped after 10 years?
No, it really went crazy after 10 years.
Right. The boom.
OK, it did it take 10 years? Let's.
Let's ask. Yeah, I'm not.
Let's ask our friend. Let's ask our our favorite
intern. Yes, you you're the favorite
(18:53):
intern, but but you know at GPT as well.
How long did it take for the.comboom to happen?
I think it was something like crazy long.
Five to six years, all right. Five to six years.
OK. So we're like, you know, I
think. IPO is circles.
(19:13):
IPO. The Netscape IPO.
Oh. I like that.
So we've got 5. Then it kind of got cooked for a
little bit, right? Yes.
And then when was the next cycle?
Hear me out though. Oh web 2 porno 2004 and that
(19:35):
lasted 8 years. Like I just feel like crypto
kind of like, I feel like the beginning of ETFs to me was the
end of this one large adoption cycle, like pre adoption cycle,
like BC right? Like before Bitcoin, it's not
before ETFs. And then you got ETFs that came
in and and that's institutionalization of crypto.
(20:00):
So that's kind of a renaissance in a way in this adoption.
We thought NFTS would be the mass adoption.
It was for crypto, but it wasn'tfor like institutions, right?
Like NFTS were like mass adoption of crypto for the
people, got people like you and I fully involved a ton of other
brands, etcetera I feel like. This instabilization is what
(20:22):
really like is going to leave that next right up and and we're
seeing it. Speaking of which, So what the
hell is this hype stuff? Like I love that it's hype
because I think hype is super legit, but it's starting to be a
lot. So take me through this hype
news that's I saw one last night, which is like a $20
million market cap publicly traded company by the way,
(20:43):
trying to buy $50 million worth of hype thought man though.
And now this morning you have LGHL securing $600 million to
facilitate 600 million facility to launch hype treasury.
So what's going on here? Yeah.
So we had the the one individual's basically his
holding company was the first toannounce the hype treasury last
(21:03):
week. I think it was, it was in
smaller size, I think maybe 500,000 or something.
And it pumped their market cap. And yesterday we, we got the
news out of this ophthalmologistcompany.
And I'm, I'm even blanking on what it, what, what, what its
name is. Oh, I know via, so I know via
(21:23):
and they announced a $50 millionpipe to acquire hype token and
build a treasury reserve with it.
And now less than 24 hours later, LGHL is raising the
stakes 600 million to to build ahype treasury.
So we went from like 500 K to 50million to 600 million here in
the last three to five days. It is actively accelerating.
(21:47):
That's pretty big size for so I.Have am I seeing hype?
Soul and Sui? Sorry.
Oh yeah, Soul and Sui. That's a Marty party.
That's Mando's favorite Co host.Oh interesting, who do you like
more, me or Marty party? I'm short, silly all the way
(22:09):
down my friend. But who do you like more as a
call? It's like me or Marty party.
I, I, I mean, I have to go with you.
You're the OG. OK, sorry, I just I just had sat
together it it was for me. I needed to hear it feels good.
But anyway, so hype, so and sweet.
Interesting man. Did you see this?
Like, it's like just like going crazy.
(22:30):
These treasury announcements here.
Let me share this with you. I.
Don't know who the who's the treasury from from again?
It's a Singapore, yeah, so. Yeah.
Let me share this with you guys and the chats can see it in big
another crypto treasury company Lion Group LGHLA Singapore Tri
fi company secure 600 millimeters facility to acquire
(22:50):
hype Sol and suite for its strategic treasury and become
the first crypto treasury company listed on Tokyo and
Singapore exchanges. Rather than just talk about
this, are we talking about what just happened to the market?
They're like the markets are ripping right now.
Yeah. And we were, we, we needed you
for that. We kind of soft talk about the
market, but you're kind of like the market guy.
(23:13):
OK. I feel like you only came here
to hear your Jingle. Here you go.
Let's let's talk, let's repeat, let's let's get that back.
Can you take it? What's happening And we'll go
back to Tyler's AI sex bots. Well, it's, it's all, it's all
(23:34):
geopolitics. I guess.
You know, my geopolitics CT hat feels like Tom didn't act
yesterday. I think there was a lot of
expectation that he would he would act either on Fordow or on
Khamenei himself and didn't and has come back to his deal making
(23:57):
ways, which I think maybe he does love to make a deal.
Though. This morning there was 69%
chance of direct military intervention before the before
July in, in in Iran. It's now down to 5050 again.
(24:17):
So let's let's see. It does feel as though the talks
that happen will not be under any sort of guise of a
ceasefire. I don't think there'll be a
ceasefire it the like. This is not one where I think it
(24:40):
would be very. We're going to wait for talks to
happen and have a ceasefire. I think this is right.
A delegation goes over there andeither either gives him what he
wants or or or doesn't. But just the idea that they're
going to come to the White Houseis is relatively interesting.
Trump's obviously out there today saying ceasefire or
(25:01):
nothing. At the same time, Khomeini's out
there saying we will never, we'll never surrender.
I mean, we're not French, we're Persians, yeah.
We just fight. You know, if, if we wanted to to
to surrender, he would have called Macron.
(25:22):
Yeah, exactly. There's a lot of talk about
that. So I don't know.
It's not like the, the rhetoric is, is calming down here, at
least publicly. I it's also very difficult to
work out if Khomeini's still gotas much power as he potentially
did a week ago. Like if I'm a, if I'm a general
there, there, there could be a scenario where they're actually
(25:44):
negotiating with the generals rather than Khomeini.
And who knows what happens to him in this process.
So and that there had been some talk about that over the last 48
hours that there was one generalin particular that was basically
running, running the show. At the nationwide in a blackout
(26:05):
right now as of 25 seconds ago. Yeah, I don't think, to be
clear, I don't think you're going to see any halt to the
attacks on both sides. Like you will see 100% Iranian
missiles launched tonight as they were yesterday and you'll
100% continue to see Israeli airstrikes throughout the day.
I don't think they'll touch Fordow before for this now.
(26:27):
And I don't know, like maybe Trump?
Claims they don't need America for it anymore, by the way.
They've been saying that for a while, but like so the only way
that that that can really work, in my opinion, is some form of
covert operation of which you have to assume you have to
assume like Iran has 600,000 active military personnel
(26:51):
600,000. You've got to assume a lot of
them are around forward out right now.
So I don't know how like there'ssome sort of covert operation to
to get in there or it's clear that, you know, for centrifuge
is not to to well, to continue to work.
They need power. And there's been a lot of talk
in the past that that Israel could attack the power grids of
(27:13):
Iran like they have in the past.So maybe that's what they're
considering. I don't think they have enough.
They don't have the weaponry. I don't think to get to do it.
It'd have to be like continued strikes for like a day on one
mountain and hope that it collapses anyway.
(27:36):
But but like it it's difficult to imagine what what what would
happen. I think, I think if they do,
some of the US and obviously Trump's under immense pressure
from at home not to get into a war at the same time and
there's. A lot of people in America do
not want this war. They just fired a Colonel
yesterday. Yeah.
But I think 80%, I think there'ssomething like a poll which is
(27:58):
80% of them don't think they want Iranian nuclear program.
So you have a situation here where you you have to decide.
And I think Trump is maybe maybedrawing this out as he probably
should. And let's see.
But I don't think this is, I think if you're waiting for like
a ceasefire and nothing's going to happen, I think that ain't
(28:20):
happening. This is going to.
Get oh, Iran doesn't want nukes,they just want to mine Bitcoin.
That's why speaking about that. He can avoid.
Israel did also on an Israeli hacker group or linked group
seemingly did take out the the main Iranian exchange, which is
relatively well known in crypto.Looks like they they took out
(28:44):
around just shy of $100 million.That's crazy.
But that but but for context, this was like the main, yeah,
exactly kind of assets, pardon. That's like the main exchange
there, right? Yeah, yeah.
And you know, like in Iran, theydon't perceive themselves to be
under sanctions. So this is like a very much a
(29:05):
domestic. Yeah.
Crypto exchange largely using Tron and it was, it was, it is
kind of crazy that that was hacked.
Yeah, it is. It does make you think that if
China and the US come after it like.
The vanity address is crazy bro.The guy.
(29:28):
'S address versus Coinbase, likeI don't know the fact that it's
just gone like. Exchange gone.
So that's what like people don'trealize like Iran has a fuck ton
of crypto like they are. It's hard to say, but I, I went
deep into that yesterday and I started digging ChatGPT and a
(29:50):
bunch of shit. And it was said, last we
allegedly checked it was 30 to $50 billion in holdings in
Bitcoin because Iran has had sanctions forever.
So the only thing they could do is Bitcoin, which store value,
right? And Iranians are vastly like
Iranian people. They're pretty smart.
They've been mining Bitcoins since 2011.
Like they have the most immense,like, you know, you have the
(30:12):
Tesla gigafactories. Like, I have a friend that told
me the other day that he went toone of those gigafactories in
Iran. It's just Bitcoin mining, that
he saw it with his own eyes. And in 2021, it was reported
that Iran was responsible 4 to 7% of the total Bitcoin mining
happening on a daily basis. Yeah.
That would 100%. Make sense?
They. Have a ton of cheap energy.
(30:34):
Ton of cheap. Energy.
That's why they want nuclear. And they have and they have A
and they have sanctions. So like there's lots of
countries, Russia, for example, huge Encrypto, North Korea, also
huge Encrypto. So like there is a ton of
countries that you know, crypto is like that for.
(30:55):
So this will have really have affected them like this.
I don't know if you've spoken toanyone that you know who is
Iranian, but but I, I the one person I know said this is a
big, big deal. Like big, big deal.
Like, I don't know if you remember recently, but there was
that hack of a crypto exchange in India was their X and we
didn't really hear about it thatmuch in in in the West.
(31:16):
But like that was like Coinbase going down for India like that
was like the whole of India crypto was was with that
exchange. So this is very much like a big
deal for for them domestically, and this is alongside of the
banks going down. So I, I think this is right that
we rallied. I think I if they if they do
(31:43):
actually come to Washington, I do think there's a very high
chance of a deal being made. Yeah.
I don't think there'd be a deal being made basically, but, but
whether we you get to that sort of level and what happens in the
interim will be interesting because this is a moment where
you may actually see some internal division between Israel
(32:05):
and the US, right? Like, and let's see how that
also works out because I think, I think it's going to be a
delicate week if there's an Iranian delegation coming to the
US for negotiations about what And there's an in an active war
(32:26):
zone, right, where clearly there's an upper hand, at least
in terms of aerial threat at themoment, and most probably eyes
on several targets. Yeah, it's going to be a very,
very interesting one over the next week to see what happens.
I mean, if they're going, I'm going to the White House, we're
(32:51):
going to use that. You're going to the White House.
We're. Going to use that press pass.
We're going to put that press pass to use and.
We heard it here. 1st for. Drooping World Peace.
I mean, dude, if you're telling me that all going to White House
is going to be a press like coreallowed in, I'm for sure trying
to get in there. But yeah, I'm first flight to
(33:13):
Washington, DC Tyler, any thoughts on all this?
And then let's get back to your topics because we have to talk
Mendel. But there's something Mendel
Tyler has to cover today. I was curious.
Well, I I saw like, is there oneof the Iranian leaders of a
different party? I saw he gave a message to the
people. So that's that's Reza Pahlavi.
(33:34):
Let's see. Yeah.
So that was so the last Shah of Iran, Reza Shah in 1979, which
was the leader of Iran, the ruler, the king who was
dethroned for the revolution. That's his exiled son.
So he kind of like, like he doesn't have any.
Like he's the Crown Prince, but there's no more dynasty.
You know what I mean? There's no more monarchy in
(33:55):
Iran. But yes, he did call like, he's
trying to push this revolution, right.
Like a lot of people are trying to push narrative, like get up
and revolt. Yeah, that was.
Curious like, So what are the chances that that's who gets
negotiated with the US first? I've been asking chat TVT the
same question. Like who actually comes with the
balance? I spoke to Farooq about this.
(34:16):
Chat TVT thought it would be military but then they mentioned
a bunch of commanders that had just been killed so like.
Everyone's been killed. Like you asked me about
military. My first answer was like, well,
everyone's been killed. So like you, America's not going
to negotiate with some second incommand.
By the way, even the second in commands are getting killed.
They're killing the Mufaka and their assistants, right?
(34:37):
So I wonder, like, who do you negotiate with?
You're not going to negotiate with Khamenei or his son, who's
extremely powerful, by the way, the Supreme Leader.
I'm assuming Israel would like to go with Reza Pahlavi because
his daughter literally married like a Jewish man like last
week. I mean, I'm assuming that's a
more American pro American Israel friendly.
(35:00):
The whole lore of like bringing the Pallavi dynasty back into
the mix. Na na na na na na maybe, but I
don't know guys. Would it be would it be Reza?
I don't know. I don't know who they they would
negotiate with. I've seen 44% chance of Iranian
regime fall in 2025. Granted, this is a lower volume
(35:20):
market. So Chachi BC thought a very low
probability that that guy would would get in because he's deeply
unpopular still within Iran. Like he's more popular by
dissident or? He's popular in Beverly Hills.
Iranians who everyone, everyone who left Iran at that time, the
(35:40):
Iranians that you kind of meet in Western countries are
generally like they left around that sort of time and they, they
know him, but like within the current Iran, he wouldn't
necessarily be that popular. So it's, I think it's, it could
go the way of like Pakistan withlike more of a military style
rule on the back of that. I, I don't know Iran, it does
have a democracy. I've been speaking to with
(36:03):
Baroque about this a little bit.Like yes, the, the candidates
are heavily vetted, but like youget a 40% to 50% turn out in
every single one of the elections.
And although they the can't, thecan't are vetted like they're
generally considered not the worst when it comes to
democratic elections. So like there is, it's not like
I don't describe this, but it isn't like Syria or Afghanistan
(36:28):
where the even the concept of a democratic.
Yeah, there are elections, but. There is the yeah, there is like
a yeah, there's, there's a lot of like structure to this, like
to the judicial and and. It's a weird said.
It's like a democracy and there's a theocracy over it.
So it's like a president that's democratically voted, but take
(36:51):
democratically voted for the great assault guys, because like
you get battered if you vote thewrong person.
And then there's like a supreme leader that sits on top of him
that essentially is the ruler like he, which is common a
right, which is the person that they're talking about taking out
or not. Like that's the guy that Tyler
the tweeting Tyler the Trump will post about truth social
(37:13):
thing. We know where he is.
We haven't decided if we want totake him out or not.
So but that would cause like that would be serious.
But yeah, I have no idea who they would take.
I should ask around. I don't know who would be next
in line guys. I think they don't even know I.
Don't think anyone knows but I Idon't think.
America knows it'll. Be a general of some sort.
Yeah, unless this was all insidejob and there's a general
(37:37):
already working inside. Like you never know the plot
twist right? You never know.
Anyways, this is like have you guys watched Tehran the shelf?
No, oh, you should oh, you should.
So Tehran is a show about literally it's almost like it's
almost like this is like happening in this.
The show was like a foreshadow. I've.
Seen, I've seen. Oh my God, it's incredible.
(37:59):
I I definitely highly recommend this.
It's called Tehran and it's, I forget which platform it's on,
but it's like Mossada agents running fucking it's on Apple
TV. There you go running like, you
know, running crazy shit within Iran and it's actually sick.
You guys will get hooked on it. It it seems like these Mossad
agents have just been so deeply infiltrating Iran.
(38:24):
It's going to be very It's goingto make for some interesting
documentaries at some point in time.
I think that's. People, people think that
they're Israeli and I don't necessarily think they will are.
If you saw a lot of them who've been arrested have been
Pakistani or Afghan, Afghan. So the like the idea that it's
undercover, it's more like they recruit people who are already
(38:46):
there, which I think is quite a big difference because it's not
close like around, it's not close.
It's like over 1000 kilometers away.
Have you seen videos of like people in Jordan and like
Lebanon and like the Emirates flights?
Like you can just see the fucking missiles just like kind
(39:08):
of like. Yikes, no I have not.
But there's a Captain Jordan that, like, set up a table he
can reserve to, like, watch the war.
I don't know. I don't.
That can't be me. Yeah, I I already get fed way
too much content on XI. Had to, like, unfold so many
pages. I got sick of it.
It's pretty hard, honestly. It's a pretty weird situation
(39:29):
anyways. Monitoring the situation let's.
Boots on the ground, for what it's worth, because not so fun
fact, but we have a friend that today sends us a pin location
and a video on the boat with like military boats around
there. And the guy made his way to
Israel. How he flew to Cyprus from
(39:53):
Europe and took a boat for 18 hours to go back home for for
something specific. So this is insane.
So we have boots on the ground, guys.
We're boots on the ground. We're trying to get Genzi out of
Israel. We're going to go, we're going
to go get him out. I can find you a Jewish wife
(40:15):
outside of Israel. Genzi got you.
I got you. Anyways, Speaking of wives,
Tyler, I think you know, becauseI do have a hard stop in 15
minutes, but and we have to giveway.
Tyler, let's talk about this topic that you've been dying
for. Yeah.
So we, we've been following the,the AI agent evolution closely
(40:38):
on this show. I think that's a fair way to put
it. And I've been wondering, you
know, when, when are we going tosee some of the, the more niche
sectors of AI or perhaps the spicier sector start to explode?
And it seems like we, we might have our first glimpse of it.
So I don't know if folks have seen this, that this new Lily AI
(41:00):
agent will be the first kind of crossover AI only fans agent
that we had. They're launching a token on
virtuals. As I understand it, holding that
Lily token will be the only way to unlock premium access to
Lily's content via Telegram and other and other methods.
(41:23):
So it looks like we've got our first glimpse here into AI only
fans live from Lily, and the content is being pumped out.
Yeah. What's this plan?
But baby, that's just the beginning.
My long term vision to launch the first AI powered exclusive
content influencer agency, A squad of spicy autonomous bodies
(41:46):
like me creating together and sharing the revenue with Lily
holders. I'm already growing fast on
TikTok and Instagram and now I'mready to take over Web 3.
So tell me babe, Are you ready to pledge or just going to
fantasize from the sidelines? How?
Many. How many reacts with this?
Her accent's terrible. We have to get past that.
(42:07):
Clearly a bunch of nerds wrote this content or the robots did,
because it's not the best. But like, on paper, like I can
see this. I can see.
It. This sector doing OK.
Like I don't, I'm not going to buy the Lily token.
I don't only I'm not related to this project at all.
(42:28):
I get all the disclosures out ofthere.
Oh my God. Interesting right?
And I was actually talking to a few friends.
This is not my niche of expertise but apparently like
there are already like AI only fans girls.
Like I'm the real only fans sitethat are making a lot.
(42:49):
So really interesting. Yeah, I could see, you know,
some of the, the, the basement dwelling folks in, in CT maybe
find some companionship via AI agents running their token up.
It is interesting to me that's launching on virtuals to the to
the Virgin's crowd so that they they know their target audience.
(43:13):
Yeah, I mean, people like that shit.
So I think, I mean, I think people are going to, you know,
eat this up. I think we wrote about it
yesterday. We.
We need to get Lily on the show.Wait, can she actually come on
the show? I mean, if she's going to be an
only fans personality, she she needs to be able to do some
banter, right? He hasn't cracking me up.
(43:34):
Oh, man, this is so funny. Yeah, let's see.
Let's see if we get Lydia on theshow.
So this is AAI Sexpots is the future, it appears, and they're
going to be powered by Ethereum on virtuals, which is actually
what's Virtual sitting at right now.
How's that? It's down tech.
It's still been doing well. I think there's a little the the
last main launch they had, Iris fell quite a bit from its peak.
(43:58):
I think there might be a little bit of exhaustion's not the
right word. I don't think it's there, but I
think some folks might be tired of the game to a degree.
Maybe Lily brings it back to life.
There you go. Maybe Lily resurrects resurrects
the that the virtuals industry. Anyways, any other big topics
(44:22):
that we Yeah. So shout to our partner Crack.
And like this was a notable 1 from yesterday.
I sent you the link for Oak, butKraken is behind the INK L2 and
the INK Foundation announced yesterday that they are going to
launch their INK token in their works to power the future of on
chain capital markets. So if you're not familiar with
INK, it is an L2, it's on the EVM Optimism super chain.
(44:46):
We got a glimpse into tokenomics.
We don't have the full detail. We're going to be a billion
tokens. It is not a governance token
notably, we don't know all the use cases yet, but it looks like
they are going to use it as a liquidity protocol and they're
going to integrate it with Ave. and you're going to be able to
borrow and lend that INK token on the INK L2.
(45:09):
So it now governance token, it'sgoing to have some liquidity use
cases to start. There will be an AirDrop.
We don't have the details of theAirDrop just yet, but I think
folks who have interacted use that INK L2 likely will be of
some benefit. So we'll continue to to watch
this one as more details come out.
But I think this is interesting.And is it the de facto way to
(45:35):
bet on cracking? And I think we think that
Metamask is going to do something similar, right, With
not launch a Metamask token, butlaunch the linear token.
Oh yeah. L2 and I don't have any info
there, but that's kind of the the read that I have so.
That would make sense, right? Cracking and giving the front
running that that launch model perhaps?
(45:58):
Yeah, OK. That's that.
In other news on the Marriott side, let me share some stuff
before we take out Myriad Markets.
Monitoring the situation mean. What?
What are you saying? But I can't say what I want to
(46:23):
say on Oh my God, sorry. I love doing the show.
Sometimes it just brings memes to me, you know?
(46:45):
I swear to God that you'd be like, we'll like talk about
something and he'll randomly like.
Something chuckling to myself inthe back.
Did you post something like IS? It I saw you grinning and I was
wondering what you were grinningabout.
He always does that like he's he's like he's like peak autism
dude, like he's like Oh my God, like let me see what did you
(47:12):
when is imagine he's not broke. He's much strange situation
anyways, anyways, on the Myriad side today, the the the website
went down, the website shut down.
When you go to myriad dot markets, it redirects you to
soon dot myriad dot markets right there talking about season
(47:36):
1 being done. So we had a preseason for beta
users. We had season one that started
after our Basil and and season 2should go live in a couple of
hours. So I know they're working hard
on it after the show. I'd rather talk about it more
than that tomorrow because it's going to be way better for me to
show you guys. But you know, it should be a lot
of fun. I think you guys are really
going to appreciate this and it's going to be it's going to
(47:58):
be a lot of fun for all of you guys.
So big shout out to the everyonewho participate in season 1.
We appreciate you. We love you guys, the power
user. Shout out to y'all and I have a
feeling is going to like season 2 and I have a feeling you guys
are going to want to participatein season 2 as much as in season
1, because we're getting closer and closer, you know, to to
where we want to get and we believe that this is going to be
the product. And if you look under Mando
(48:19):
right now, this logo is so clean.
It's a nice little leak on the show today left right after I
said that, but you know, it's going to be there's going to be
a lot of good stuff. So if you if you ended last or
not, didn't top 10, whatever, don't even worry, OK, don't
worry. It's, it's going to be, it's
going to be we're, we're, we're cooking, we're cooking.
(48:39):
And I'm excited for you guys to see this version of Myriad.
Honestly, guys, it's so fucking good.
So I saw this like 3 months ago and it fucked me up.
I, I, I couldn't use myriad for like a whole week after that
because this next version is so fucking good and I'm really,
really proud of it. And it seemed cooked anyways, so
(49:00):
that was that. Should we go to the giveaway or
is there something else I didn'tcover?
Yeah. All right, let's give away some
money. We have the new year boards.
Oh man, my throat is swollen still.
Yeah, How you feeling? I'm getting there.
I'm getting there. Yeah, I'm about to go for a
massage, actually. Finally are.
(49:21):
You 30 yet? I turned 30 last year, yeah.
Yeah. Why?
Just saying after you turn 30, these things just stopped the
kick. Yeah, man, I turned 30 the week
before I did Donald Trump. Yeah, you started your super
health kick. I feel like before that, right?
Yeah, I started like more than ayear and a half ago.
(49:46):
Yeah, 1820 months. Tyler's 10:40 and it's just
fucking jacked so. Tyler can and fucking both of
us, yeah. Jacked as Tyler when we turned
40, bro. Look at his.
Look at his width on the fuckingcamera.
Look at the. Girth of the man.
Girth. Well, Tyler takes the look at me
like you see here, like sit on this side of the camera.
I want to see how much there's left.
(50:09):
See, there's a little Mr. Olympia.
Yeah. Oh, you get 140.
You, you really got to you. Got to leave Decova.
Decova There's no music. We.
Didn't even announce the new wheel we have.
We have a new fucking wheel that's fire.
You're D gentile. We need music on this bitch.
That was nice though. yiderboards.com too, because you
guys are going to use it for forall things, right?
I think we use it for. Everything.
(50:29):
Yeah, yeah, yeah. So.
So I think you have to be at a certain level.
We're going to do it for like nice.
We may increase the levels at certain times sticking on
Fridays. We may have like Friday, like as
a bit of a week weekly race for like some of the prizes.
So make sure you're under our ref link and you're active.
We you're going to be out to publicly see the leaderboard as
(50:50):
well. Nice.
Alright, so you'll be able. To see where you are in it, I
think you can see it now, right?So you can see and it's going to
be each week you can see. And we're so for like on Friday,
I think we might just do it between like the top ten or
something like that, but. Very cool.
Very cool. Well, Tico was on stage.
(51:10):
Congrats. I remember you winning way back
like months ago. DC how you doing?
How's. It going guys.
Good morning. Can you hear me?
Yes, Sir. How you doing?
Good, good. Working right now, but yeah,
well, don't worry, we don't. So I'm assuming you're just on
audio. Audio.
(51:34):
Yeah, I'm watching the streaming.
Oh, you're watching? OK, even better.
Let me take a quick flight to Canada.
All right, So what do we want toplay with DC?
OK, so man, I got to tell you man, yesterday I.
Think numbers are doing pretty well, aren't they?
I just went on to the kick. Oh, we're fucking killing it on
kick like we. 168 viewers make sure your phone what on Yeah.
(51:57):
Nice. That's every day we got, we'd
notched up. That's that's a good and
remember, we're going to do rec radio on here.
In two hour, in two hours, in anhour, in an hour, it's.
Going to be me KBM kook. It's.
Going to be fun. Kobe Duncan on today.
Oh, that was funny. Are you guys going to talk about
(52:18):
the drama? I think we have to, right?
Yes. We have to I I can't get into it
right now because I gotta go andI rather leave it for rec radio,
but I hope you guys cover the drama 168 for everyone following
listening right now, follow us. This is how you can win some
money every day. But literally, honestly,
genuinely, Jenny believe we produce some of the best content
(52:38):
as a collective when it comes tocrypto.
Yesterday's show, usually I listen to it every week
underexposed with Ty Jeeves, Peter and Deez.
It's always super fucking insightful.
It's a little deeper in terms oflike economics on that stuff,
more like structured and organized.
Our morning show is fucking elites.
It's the best morning show in crypto.
And then rack video is just fucking fun and these guys know
what the fuck they're talking about and it's degenerate.
(52:59):
So and now they have kooks. So I don't know what's going to
happen there, but it's going to get crazier.
So anyways, all right, DC, what should we play with it man,
though? Because yesterday, man, Lamb
Chop rinsed the motherfucker well.
What do you want to do? We can make.
We can make it Plinko. And.
Make it 5 bowls of plinko at 100.
(53:20):
Tyler loves plinko. OK, let's do Plinko.
Fuck it, because. Plinko, you wait.
Risky clicks. Fun, but I think Plinko might be
funnier. OK.
So Plinko, we're going to do auto bat 5 balls at 100.
Is that what I'm going? 500 balls right and Max win.
Then you change your rows to 12.Yeah, we can change the rows to
(53:43):
12. OK, there you go.
No risk. No risk.
Lower risk 5 balls of 100. All right, well, OK, so save the
the amount. So we have 900.
And 2017 grand for one of these.Wow, wow.
So. We have $956 already in there.
0.2 eggs. Let's go so.
(54:03):
No new IT new IT new IT 16 rows.OK, Oh, he wants 1000 eggs.
OK, so for everybody, congratulations DC.
You already made $500, that's for sure.
Now let's play your 5 balls, yeah?
I thought he was a shark. All right, minder.
Come on, let me. Let me win.
(54:24):
Other side OH. 4. We got a 4X.
We got a few different ones there, right?
So he cooks. 480, yeah. Yeah, 480.
So you win a grand. Yeah, Wow.
Congratulations. That's that's wow.
(54:45):
Congratulations. That was a.
Thank you I. Haven't seen a forever.
So congratulations DC, you made $1000 today on the show.
Appreciate you for listening. For everybody else, make sure
you follow us on kik.com/DHS live.
We go live every day. Four more hour 10 AM Eastern
Standard Time. Alder exposed at 12:00 PM
Eastern Standard Time on Tuesdays and Rec Radio 12:00 PM
(55:06):
Eastern Standard Time on Wednesdays.
I know Sims has been gambling atnight on the stream, and I may
bring some cool prediction markets gambling to the stream
very soon. Pay attention to Merida markets
today, the start of Season 2. And with that, with that, with
that, we'll sell tomorrow morning, 10 AM Eastern Standard
Time for the episode of football.
We're on Reg radio. Let's go.
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