Rate Cut Chances Increase!🚨Ethereum Skyrockets!!!🚀

The July inflation report keeps an interest-rate cut firmly on the table after the Federal Reserve’s meeting next month. The lack of an abrupt acceleration in price pressures likely removes an obstacle to lowering rates, amid growing concerns about a slowing labor market.

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Episode Transcript

Speaker 1 (00:00):
All right, so welcome back into the show.

Speaker 2 (00:02):
Today, we're going to be going live, give you guys
some insights on where the market is going. Rate cuts
could be on the verge of happening. My name is
Paul Barron, Welcome back in. I do want to thank
our sponsor and that is our channel partner, and that
is Sweet Network. You guys, of course can learn a
lot more about it. But one of the big things
they've done here recently is this right here is Sweet
Pay and I'll play this for you. I'm gonna mute it,

(00:24):
but I'll play you kind of the cycle of this.
This is getting into a lot more integration into payment.
What I think is going to be going on with
SWEE is we're going to see an interesting rotation, maybe
out of Ethereum and possibly in some other projects like SWEE.
But where this is going is a good thing. Remember
huge advancements on Salana pay. When that we could be

(00:47):
the next one for a very big play on infrastructure
and whether or not they get some big partners, I
think that'll be the key thing to watch around Sweet.
So let's go over to the news real quick. I
want to lead off with this right here, All eyes
are on chair Powell. Now, a lot of people are
looking at the inflation numbers coming in. Obviously, headline inflation

(01:08):
was cold, core inflation coming in a little hotter month
over month inflation pretty much on Q and then me
people saying, okay, now, I think Trump gets his wishes
on the quarter basis points. And I don't know, do
you think that we should have cut in July? Do
you think that Powell is too late again? Have we
done too much damage to the job market?

Speaker 3 (01:28):
Helps me?

Speaker 1 (01:28):
Is all of that uh is really a question mark?
And I think we're gonna get into it. I've got
a clip. I think they were gonna queue it up
for you.

Speaker 2 (01:35):
But I've got a clip real quick that will kind
of get into the uncertainty.

Speaker 1 (01:39):
Have we surpassed that stage? Take a look.

Speaker 3 (01:49):
Push that things are gonna get worse, You're gonna What
it tells me is is that if you take it
very simple, you summarize very accurately, there's been a push
that things are gonna get worse. You're gonna look at
a month that it's going to be really scary. But
most likely, if you look at the entire regime of
the effects of tariffs and the uncertainty. We are definitely
over the hump, and considering that this number isn't worse

(02:12):
than expected, I would say moving forward that your interpretation's
exactly correct. We're way over our skis and what we're
really finding is the last mile of inflation is sticky.
It was sticky, and really in the grand scheme of
things it doesn't break out. Is that the last three
or four months are extraordinary in any fashion.

Speaker 2 (02:33):
All Right, So mini analysts still looking at this has
been a lot softer. I had an interview earlier this
week with Canary Capital and we kind of talked about
this point, and he also came on and talked about
that very issue is that he felt like inflation would
edge up but would stay there for some time. He
was more concerned around what was happening in the job market.

(02:54):
Peter Schiff, though, continues to push on this and his
situation is more around the CPI data that consumer prices increased. Again,
that's a big deal year over years three point one,
and that's excluding food and energy, which are two of
the biggest categories. Now, I do agree with that of
what Peter is saying. However, I don't believe I think

(03:14):
he's just trolling here that instead we should be raising
interest rates. The problem is jobs, and jobs is a
factor that is starting to come out. Of course, we
know what happened with the BLS and everything else this
over the last couple of weeks, but I think this
is the factor that the FED is going to have
to address, and it's going to be one that I

(03:34):
think starts to push in to situations right now when
you think about where the FED is and what's going
to look like if we truly see a complete adjustment
on jobs, at least in the number level that we've
been looking at with these adjustments outward since the BLS
started kind of coming back in on some of these

(03:55):
data points.

Speaker 1 (03:56):
But remember the jobs need.

Speaker 2 (03:59):
I think it's one hundred in fifty thousand new jobs
per month to stay on growth, and as you can see,
we've started to be considerably lower than that, and that
I think is.

Speaker 1 (04:09):
A big factor here.

Speaker 2 (04:10):
Kobeec is talking about President Trump says he's considering allowing
all major lawsuits against the FED chair Pale because of
the bad incompetent job he's done. So he's continuing to
put some pressure on and if you guys are playing
the ETH investment right now, because we are charging toward
an all time high. We'll go to charts here in

(04:31):
a little bit. I'll show you some sentiment data and
get into that. But I think one of the things
you have to be cognizant of is the fact.

Speaker 1 (04:39):
That this could go sideways near.

Speaker 2 (04:42):
The FED meeting, which is the sixteenth and seventeenth of
next month, so we've.

Speaker 1 (04:46):
Got about three weeks.

Speaker 2 (04:47):
Remember, we could see a lot of heat up from
Trump to still put pressure on Pal to get that quarter.

Speaker 1 (04:52):
So be on the lookout for that.

Speaker 2 (04:54):
This may be one of those things where we do
get a little bit of a sideways action or possibly
a retracement on the fast this moving asset out there
right now, which of course is ETH. Now, one of
the reasons that much of what I think is depending
on what the Fed is going to do, is all
related to jobs. As I mentioned earlier, this was terrible.

(05:14):
Trump's pick for BLS commissioner now suggests suspending the monthly
jobs report.

Speaker 1 (05:19):
Now, first of all, that's a bad move.

Speaker 2 (05:21):
I think you just continue to put out bad data,
you know, and revise it down.

Speaker 1 (05:24):
Because this just shows absolute lack of faith.

Speaker 2 (05:27):
Now, if you've got maybe an alternate you know, report,
or you've got some sort of new data system that
you could start to develop from. Okay, but you can't
just suspend the monthly jobs reports. Is the market does
depend on this, and I think the FED is of
course having to take a look at real strong information
around jobs. This is the point I've been getting at
for many months, is that jobs are on their way

(05:48):
into a bad position. The only thing I'm concerned about
right now is that we could see a lot more manipulation,
and that, unfortunately, would be very bad, I think for
the market, because it's going to show a lot less
confidence of where it's going. If you look at the
FED decision right now, we're hovering around eighty percent. We
kind of zoom in on that for the poly market
eighty one percent highest yet for a quarter basis points

(06:12):
right now. And I think the point that everybody's looking
at is maybe there might be a little bet here
on the fifty basis points. Not saying go out and bet,
but I'm just saying that's a five percent a zephy money.
I don't know fifty basis points could happen if we
do get continued data that does indicate we're seeing slower
job growth, and that's the concern I'm really I think

(06:36):
on board with is that the jobs are going to
be the number one catalyst going forward.

Speaker 1 (06:41):
How many jobs added in August right now? Fifty k?
That is a dismal number.

Speaker 2 (06:45):
If in fact we get that, that would be another
very bad report. If in fact we actually get the report,
depending on what the BLS is going to do in
terms of how that goes out, don't forget guys, make
sure and hit the poll. If you're not subscribed to
the I'll just take a minute do that right now.
But we're going to look at ethereum all time highs
and it looks like the poll is holding it right

(07:07):
now on days at forty three percent. Well, you guys
are very bullish right now, that's forty eight hundred. We're
holding it around forty five. Just clipped over forty five today.

Speaker 1 (07:16):
As we're going live.

Speaker 2 (07:18):
And of course all of this on this CPI data
coming through forty mili now in EAH shorts, Liquidata just
in the last sixty minutes. All this still very bullish.
I think for what is looking to be eight season.
The real question is going to be, how does this
rotate into whether it's all coins or other narratives, because
remember it's all about narratives right now. And this is

(07:41):
one good example of a narrative that has been very
high performing, and that is Circle. Circle of course a
darling overall Wall Street right now, and their numbers continue
to push into just crazy numbers here. I mean that's
ninety percent in circulation year of a year. That's an increase.
And then you go into their total revenue and reserve

(08:02):
income up fifty three percent year over year. These are
numbers that are astronomical. I think we're going to continue
to see Circle push now. Circle is still an e play,
and I think people now are starting to put together
what stable coins mean.

Speaker 1 (08:18):
Now.

Speaker 2 (08:18):
I think the next layer of stable coin development is deployment.
And once we see deployment, then it is a matter
of distribution. And I think distribution is going to be
the key that starts to generate a catalyst into ethereum.
When you look at what's happening on the ETFs, this
is just showing you all ETFs, but if we look

(08:40):
at ethereum, that's the ethereum move right now. This is
on the thirty day. Let's go over to the all
time there. You can kind of see big moves right
now in comparison to where Bitcoin has been holding, which
has somewhat been down in sideways, and I think this
is the rotation that we are seeing in the markets.
Even the ETF are also very similar to what price

(09:02):
action is doing on Spot. Other things I want to
get to which is big, and that is eth ETF's
coming in and that is a billion in inflows for
the first time ever. That's probably two hundred and thirty
eight thousand eighth guys. That's insane. Think about that for
a second and look at where the market is right

(09:22):
now in understanding how to invest in ETH, because I
think still we are dealing with very little comparison when
you look at the overall size of where we're going
to see tradfi play into the eth market. And you
got to remember, they've got the number one sales guy
out there, and we're not talking about Gecko, We're talking
about Tom Lee. But here's Nate Garassei kind of hits

(09:46):
on it right here. I feel like spot ets were
severely underestimated simply because of the trad fi.

Speaker 1 (09:52):
Investors didn't understand it.

Speaker 2 (09:53):
That's to my point, and Bitcoin had a nice, very
clean narrative. Digital gold people get it. Remember, well, the
street's a little lazy on this. Maybe though, the issue
of ETH and how these treasury companies have been introduced
into the ecosystem of tradfi that they're starting to understand it.
And I think maybe that is another reason that we

(10:16):
still have not seen a catalyst that could really propel
ETH well past it's all time high. And I think
that's the real question is what happens when we hit
forty eight hundred. I mean, do we see blue ocean
from there? And do you see that kind of retlacement
in comparison to Bitcoin in its recent run to its
all time high. So think about that. There are some

(10:37):
similarities there within it. But this is a good statement
right here, is that And I think this has changed
right here, this statement what is talking about is ETH
takes more time for investors to understand. I will say
this the financial advisors that I talked to here in
our home state, ETH has always been an interest. Now

(10:58):
it is a lead primary asset they are looking at
much like what Bitcoin has been. That is the first
time that I've truly seen that kind of shift within
financial advisors, and there's a lot of wealth in Florida,
and I think there and that kind of strategy is
starting to play out. She was saying about more ETFs

(11:21):
because these ETFs have a way of stimulating the market.
Listen to what he had to say.

Speaker 4 (11:26):
The three major stock exchanges, so NAS, Nasdaq, and CEBO,
they have all filed with the SEC for Generic listing
Standards for crypto ETFs, which basically means that the exchanges
wouldn't need to seek specific approval for each spot crypto
ETF as long as it meets certain criteria. So this
would streamline the approval process. And that's important because right

(11:50):
now there are filings out there from multiple issues or
issuers for XRP ETF, Solana ETFs, CARDONO. We could go
on down the list, but there are a boat load
of filings out there, and the expectation is that the
standardized crypto Framework will be implemented, say in the next

(12:11):
two months or so. So if and when that happens,
I think you're going to see the floodgates open. We're
going to see a wave of approvals and you're going
to see again a boatload of new crypto ETFs coming
to market.

Speaker 2 (12:26):
What Nate's hitting on there is interesting because this will
affect the broader crypto market. I believe much like what
happened when Ethereum came onto the scene, because it was
still remember still not in a position to where we've
seen the administration and regulation play into it, and we
have not had a staking ETF come about yet. So

(12:48):
if that happens in conjunction with a lot of these
other assets that start to roll out on that, I
want you to think about this, guys you're dealing with
right now is mostly main street investors. They invest in
they go into ETF, So they're getting all this information
fed to them now from financial advisor. So you got
private office, investment capital, you know, private equity, all sorts

(13:10):
of companies that are looking to park money. ETFs is
one of the ways that they rotate in and out.
They do sweeps on it. This is a traditional strategy
that's being used by the wealthy, and I think that
plays into what Nate's getting at, and that means a
lot of activity for some of the biggest market caps
out there, probably in the top twenty to top twenty

(13:30):
five tokens to be looking at. Here's Matthew Siegel hitting
on this right here, and he's talking about bittmind BM
and R just filed to expand it's at the market
equity program by twenty billion. That's five x increase in
issuance capacity right now. So what this simply means, guys
five imagine a company saying I'm going to go out

(13:51):
and five x my capital investment. I'm just going to
five exit. These are almost unheard of capital investment strategy.
This is why I think it is a gold rush,
and a lot of what is happening on Wall Street
right now is they're starting to recognize it.

Speaker 1 (14:08):
Think about it this way.

Speaker 2 (14:09):
Look at the early stages of AI and what happened
with Nvidia. Compare that to the early stages of some
of these other projects out there, whether it's e XRP,
you could look at many others within it, maybe even
Solona Hadera, all these kinds of tokens that are playing
into a new discovery layer of tech. Now, it doesn't
mean all of them are going to win at all.

(14:31):
It means you're going to find investment guys that are
going to look at these are the ones that are
starting to play, and they're going to start investing into those,
so that is a big factor. Could b M and
R and some of these treasury companies really start to
break loose. Another one you have to look at is
the fact that we're starting to see activity coming in
from a lot of these big companies on layer ones.
And this is interesting. This is ARC Circles Layer one.

(14:54):
This is a blockchain purpose built obviously first stable.

Speaker 1 (14:56):
Cooin of finance.

Speaker 2 (14:58):
And they're looking at FX capital markets here, which I
think is interesting.

Speaker 1 (15:02):
But look at this.

Speaker 2 (15:03):
They're talking about using USDC as native gas, so that's
ETH built in FX change that's going to remember the
size of the FX market is massive, okay. And then
a deterministic sub second finality opt in privacy. That's an
interesting feature which we have not seen yet. And then
first full Circle platform integration this course goes into USDC.

(15:26):
All this very positive for ethereum that being an l
one and you have other companies out there that are
going in the same direction.

Speaker 1 (15:34):
You know, here was Ryan Seaan Adams.

Speaker 2 (15:36):
He's talking about all of this being very bullish for ETH,
that Stripe and Circle both are building evms, and I
agree to a certain extent because the layer two still
do a good job within this now. Granted, if we
do see the advancement of what could be some big
updates on eth, maybe that changes a little bit. But
right now it is what it is, and I think

(15:58):
this is the key.

Speaker 1 (16:00):
Now.

Speaker 2 (16:00):
Jeremy errol a Layer kind of hit on this. Now
he goes into a clip here that we have, and
what he's talking about is the relationship with treasuries and
stable coins.

Speaker 1 (16:11):
So take a look.

Speaker 5 (16:13):
For stable coins to work properly, they need to be
backed by something, typically treasuries. There's a big question mark
about who is going to be buying our treasuries in
the future, and a view among some that the treasury
market is ultimately actually going to be supported for some
period of time as a function of the advent of
stable coins, because more people are going to need to

(16:34):
buy these treasuries to back the stable coins, and that
should give a boost to the treasure market. Other people
say maybe, but it's really just a recycling of money
because the money is going to come out of the banks,
and by the way, if they're sitting over with the
stable coins, it's actually less efficient from an economic perspective,
given that you actually can't effectively then loan against that

(16:55):
money in the same way that a bank could.

Speaker 4 (16:58):
Right.

Speaker 6 (16:59):
I think the view that that you know, this crowds out,
you know, the ability for lending to happen, I actually
think is a mistaken view. I think that when you
have super high velocity, very high utility money, people are
going to want to borrow that. And I think we're
going to see very robust credit markets developed that are
operated on blockchain networks, and we'll see actually more efficient

(17:22):
credit delivery with more transparency, more supervisability. We actually think
we can get to a safer financial system with more
effective credit delivery built on this new kind of stable contents.

Speaker 1 (17:33):
At almost all.

Speaker 2 (17:34):
Right, So a couple of points to break down there.
First of all, I want to validate that what they're
talking about in terms of supporting and backstopping the treasuries,
because treasuries are backed usually with one to one assets,
and if you look at what has been pressure on
treasuries and a lot of these curves over the last

(17:54):
couple of years has been the concern in Japan with
many people are kind of touting that the reverse carry
trade could play and unwind a lot of the treasuries,
and that the play is really that stable coins.

Speaker 1 (18:05):
Could help backstop that loss. That's the idea.

Speaker 2 (18:08):
So if he is right and it does occur, and
then the next leg is new credit instruments that could
really break up the banking cabal. That opens up a
whole new layer of new credit opportunities, and I think
this is big. We're already starting to see this in
some of the market right now, but it's very narrow.
If you look at what's happening on coinbase with Morpho,

(18:31):
many of the loan projects out there that are activating
on Bitcoin and ethereum. We know this is now starting
to happen in other platforms, and.

Speaker 1 (18:39):
This is just a sliver of the market. So this
could get big quickly.

Speaker 2 (18:43):
And of course that does play to the benefit of
what's happening with USDC, but it also opens it.

Speaker 1 (18:50):
Up for other things.

Speaker 2 (18:51):
Think about RILUSD been able to loan against that PYUSD.
There's all sorts of opportunities. PayPal would be one to
watch because there is an opportunity with PayPal because of
the ecosystem they have and the access to capital. The
problem is is I think their level of profitability would
drive the rates too high. I don't know if you

(19:12):
guys see this, but PayPal tries to do a lot
of business loans. They're doing heavy marketing out there right
now business loans, and the rate in which they're trying
to get small businesses to engage is astronomic. So I
think this could be a factor if we see stable
coin loans out there, because imagine most of these are
they're almost instantaneous that the TVLS is easy to do.

Speaker 1 (19:35):
In many cases.

Speaker 2 (19:36):
You can also become a liquidity provider in many the
DeFi platforms. We'll probably go to do a video on
that for you guys, because there's a lot of things
happening in DeFi right now, by the way, if you
want a DeFi video and getting into looking at whether
it's going in and earning yield on some of these
DeFi platforms directly to the asset, like something like USDC
or in a paired asset with with USDC or a stable.

Speaker 1 (19:59):
Coin us snow.

Speaker 2 (20:00):
In the comments, we're thinking about doing a deep dive
on them now. Jeremy also went in a little bit
further because he's talking about these asset classes that are
being built right now. Obviously, Bitcoin kind of already a
permanent asset class.

Speaker 1 (20:16):
The question is is what else plays into this.

Speaker 5 (20:18):
Let's go to this cliff, something like bitcoin in the
permanent class of just a store of value.

Speaker 6 (20:24):
Well, I think you're you know, there's sort of the
like that there's a view over the kind of fistical you.

Speaker 1 (20:31):
Could never do a stable coin based on bitcoin.

Speaker 6 (20:34):
That's correct. I mean essentially, you know, what we see
in fact as a major growth driver in our business
is the internationalization of these digital dollars. And you even
hear that from President Trumpetary Treasury. We want to export
these digital dollars. We want to put them in the
hands of people who want to hold them and transact
with them, so that global demand is very is very real.

(20:58):
And I think you know, this is a kind of
currency competition on the internet versus China, versus other markets,
and this is a technological weapon to compete. And it
turns out also that people don't want to hold a
volatile crypto asset in many places, they want to hold
a dollar, right because.

Speaker 7 (21:16):
It actually is significant.

Speaker 1 (21:17):
Next week it is actually seen.

Speaker 2 (21:20):
Okay, So he said a keyword there or a key
phrase there, and that is exporting US dollars. And that
is something that Trump will really like because it starts
to open up and do two things. The first thing
it does is it starts to stabilize the US dollar globally,
but it really starts to go head to head with

(21:43):
the major competing currencies.

Speaker 1 (21:45):
Because really, at.

Speaker 2 (21:45):
This point in a cycle, like all cycles, many you know,
great industries and countries and systems fall and most of
the times around two hundred years and we've seen this.

Speaker 1 (21:59):
Are we nearing that with the US dollar?

Speaker 2 (22:01):
Many people would say that's what digital assets are essentially
designed for, is to help supplant what the US dollar.

Speaker 1 (22:06):
May not be able to do. But if stable coins do.

Speaker 2 (22:09):
Create an export of US dollars globally, because remember there's
so many countries that need access to that, and this
is instantaneous, we're talking about speed of light essentially in
terms of value being transferred and being able to utilize
on almost every e commerce platform out there. Again, it
goes back to distribution, So all the e commerce platforms

(22:29):
have got to be able to make that available.

Speaker 1 (22:31):
And I'm talking about.

Speaker 2 (22:32):
Just as easy as PayPal was available for someone to
pay with anything, just as easy it is for you
to pay with a credit card on any kind of
place and in turn take payment as well. All of
those play into a very big opportunity. Now stable coins
start to represent an interesting phenomenon. One that is happening

(22:53):
right now is this right here, and this, of course
is a company called Alt five.

Speaker 1 (22:58):
Now All five, we'll.

Speaker 2 (22:59):
Talk about who they are, but they're essentially offering a
partnership here with We're a liberty finance. We're a liberty finance,
you know as Trump's organization. The concept behind this is
that we're going to see a stable coin engine with.

Speaker 1 (23:15):
All their website.

Speaker 2 (23:17):
Real quick, I want you to look at the industries
that they're in right here, banks, brokers, asset managers, hedge funds,
family offices, FinTechs, payment service providers, exchanges brokers, visa MasterCard issuers,
and then global merchants. These guys is stable coin as
a service and I think this is something that will

(23:39):
be intriguing, especially if we continue to see we're a
liberty fi play in these areas. I'm telling you, the
digital asset side is just now being explored by what
could be some of the biggest companies on the planet
in the next five years. So think about where Nvidia
is today. Now look at the transition of global finance

(24:03):
global finance and what that might look like in the
next five years. That is where it starts to get
people's attention. Don't forget though, You've got even l Bank
now partnering up with World Liberty FI. They're going into
a kind of a loyalty program. This is another you know,
tool set that I think they're going to try a
lot of things World Liberty FI in essence to create

(24:26):
different sources of programs strengths obviously into you know, what
is happening on DeFi, but also on decentralized innovation, which
I think we'll see and continue to see more of.

Speaker 1 (24:37):
The key is what's going.

Speaker 2 (24:38):
To be sticky, what's going to really work? And if
one gets sticky, expect the domino effect. And what I
mean by that is, once that something works, you're going
to see fortune five hundreds lining up by the hundreds
being able to engage and get that going. And whether
it's companies like you know, McDonald's or any other major

(24:59):
retailer out there they could go in this direction. I
think that would be the next step. And all this
still very very connected to ETH So I want to
play another connection here with World liberty, finance and Circle
take a look at this.

Speaker 1 (25:17):
No, there is.

Speaker 7 (25:24):
Like this maybe in the history of finance that brings
visionaries and people who have the relationships and the experience
together to create something so unique. And one other thing
that I want to point out is USD one. We
just announced the first ever point program for a stable
coin ever. So what that means is users of USD

(25:46):
one are going to be able to earn loyalty points
similar to airline miles or credit card points for holding, transacting,
and using USD one. This has never been done before,
and it's going to create massive, massive effects.

Speaker 5 (25:59):
Okay, the growth, which raises the next question. Explain the
economics of the way your stable coin USD one works yep,
relative for example, to what Jermi e Lair is doing
and how there's yeah, where the money is that effectively
pays for the loyalty programs.

Speaker 7 (26:15):
Yeah, so that's a great point. Unlike our competitor, we
have no long term rev shared deal with any of
our distribution partner. So while we are only one thirtieth
the market cap of Circle, we are already far more
profitable than they are now. That's because Circle and coinbase

(26:36):
made a deal a long time ago that Coinbase gets
sixty percent of the revenue that comes from Circle, regardless
of what happens in perpetuity. Because Circle is owned by Coinbase,
other exchanges don't want to work with them. They're being
paid to work with them, but they view working with
Circle as doing a deal with the devil because they're

(26:57):
directly supporting their competitor.

Speaker 1 (26:59):
What do you really think, Okay, deal with the double Uh?
You know it's really talking about distribution.

Speaker 2 (27:06):
But remember distribution up to this time in the the
industry so far has been a fraction of what it
will be. So imagine you know, commerce transitioning to stable
coins globally and what that distribution will look like, because
it's going to be every major company, every major player
out there now Weather World, w FI, which they have

(27:29):
a lot of partnerships and they have you know, another
out out there doing it. But I think the key
is still they're very speculative. They're much like Circle was
five years ago, very speculative, many questions whether or not,
you know, Tether would eat them alive. You know, there
was a lot still yet to be played, and of
course all of that headed toward eventually an I p O,

(27:52):
and I think maybe that's what we're going to probably
see happening here with Wilfey so h w l F.

Speaker 1 (27:57):
I a lot of speculative.

Speaker 2 (27:59):
Preman's pres right now on the crypto market, mostly because
if it's political connections, there's still a lot of pressure politically,
and as we get into the midterms next year, you
can bet that the Democrats will put a lot of
this on the front plate of countering Trump, and a
lot of the Republicans in terms of position, don't forget

(28:20):
put some questions in answer questions here live at the
end of the show, and then we are going to
go to the charts as well.

Speaker 1 (28:27):
And we'll take a look at some of the sentiment
on overall.

Speaker 2 (28:30):
I want to hit on one point that is kind
of an outlier that people may not be watching right
now in terms of how could this affect crypto and
one of them is this tweet right here from Elon Musk,
and what he's getting at is Apple behaving badly. Imagine
that Apple behaving badly in a manner that makes it

(28:52):
impossible for any AI company besides Opening Eye, to reach
number one in the app store, which is basically an
anti trust FILA. All right, So what he's getting at
is that Apple controls the per strings and access to
one of the biggest market ecosystems out there at the iPhone.
And if in fact that is the case, and we
start to see integration that could be user selected or

(29:16):
at least a level playing field. This could play into
some very interesting themes around other crypto projects and who's
the biggest AI player out there? Where you got to
look at Slana and could that play into it from
an agent standpoint that could be integrated. It's what I've
we've been talking about here on the show quite a bit,
is that agents on the iPhone is really the next

(29:40):
level of Siri. Siri is over and they just need
to conceite and defeat.

Speaker 1 (29:45):
Allow you to use rock.

Speaker 2 (29:46):
Or open AI or Perplexity or whatever you know, even
you know, anthropic if you want to and plug that
in and use that as your basically your voice assistant
and then start to layer in you know, the idea
of agents. That is a potential play that could go
in for the kill. And of course I think Elon's
got enough pressure here that maybe could pull some strings

(30:10):
with you know, a certain power at b to try
to put a little pressure on Apple. We'll see if
it plays out. One other thing I want to show
you guys real quick, and then we'll go to charts.
Take some questions. This is Google trends right now, Bitcoin, Eth,
and XRP. And as you'll notice right here, we've continued
to see this rise in ethereum coming off the floor.

(30:32):
XRP has been holding still trending up. But ETH and
XRP now starting to vuy for in comparison to Bitcoin
equal market attention. And this is the attention economy. I
talk about it all the time. Narratives are the attention
attention is profit and if you're in the right place

(30:54):
at the right time on the narrative, if you've made
a play on it, then most likely that kind of
attention is going to drive a lot of money into
your portfolios. Into that we'll take a few questions and
get to the charts real quick. Just taking a quick
look at Eth right now on the daily still holding
in at what looks to be right around forty four
eighty eight.

Speaker 1 (31:12):
It did hit forty five hundred.

Speaker 2 (31:14):
Sentiment is still positive right there, guys, So that's holding
up pretty nicely right now.

Speaker 1 (31:19):
When you look at this overall.

Speaker 2 (31:20):
If you guys have never seen our MSI that's basically
a tool that we use on all of our charts,
and it's one I like, let's get to a couple
of questions. We'll look at some other tokens here in
a second, Trump backed world Liberty five is a devil
in itself. Well, I think many people are kind of
looking at a lot of those kinds of issues out

(31:41):
there with wilfe as it's very speculative, and I think
it still has a lot of issues from a standpoint
of the political arena, and just there's a lot of headwinds.

Speaker 1 (31:51):
For sure.

Speaker 2 (31:52):
Bitcoin dominance almost below fifty nine percent, that is true,
let's tall. Yeah, it is fifty nine eighty five right now,
slipping down. And if you look at this, this is
the range that if it breaks through right there, guys,
this is going to get interesting because that right there
could indicate some big moves on many of these other
all coin markets. I don't know if that's true about

(32:16):
Arthur Hayes. I'm not going to state that because there's
a comment is it is it?

Speaker 1 (32:20):
Okay?

Speaker 2 (32:20):
The team is telling me that they've they've researched it
so UPAXI just hired Arthur Hayes, So that's interesting, Joshua
says Paul. Do you think bitcoin and XRP holders are
moving profits into ethereum and all coins? I don't know.
I think maybe bitcoin. You know, the the XRP holders
I know are they're rabbit. They are all about XRP

(32:45):
to the next level. And I would not say I
would not say that that's where it's coming from. I
still think it's rotating assets coming out of the big boy,
and that is a bitcoin because you've got so many
profits people in profit right now on Bitcoin rotation. Other
l one's coming soon.

Speaker 1 (33:01):
Agree with that.

Speaker 2 (33:02):
Institutions are buying Salona two. We're going to see more
of that. I think this is a narrative that is
going to play out as the ETF four soul comes
into the market. The question is is does XRP get
an ETF first. If they do, many people think that's
going to be an absolute explosion. And we'll see a

(33:25):
couple other things here. Ada gunning it thing g and
I will be okay, So you're gonna sell a little
bit soon on Ada. Let's take a look at the
Cardono chart. Yeah, big green candle today, so and nice.
You know over the last little bit since July about
this time last month, what is that up from that

(33:46):
zone right there? I mean, ADA is up fifty five percent,
So good to you ADA holders out there that are
doing that. Some people waiting on your Salona Seeker? Did
you get yours, Paul, I'm getting impatient.

Speaker 1 (33:57):
That's going to be awesome. We have not received yet.

Speaker 2 (34:00):
So it's August fourth here, what do we The clock
is ticking, totally, clock is ticking. We are almost ten
days in and no seekert. So there have been, you know,
claims that seekers are arriving, but I haven't seen that many.
And that kind of surprises me because you would think
we'd see a lot more on Twitter, okay, because I

(34:22):
know people are going to start saying I got secret
and here's the cool apps and this is what I love.
No reviews out there of any level yet. Is it
too late to buy ETH now? You're barely more than
a double your money.

Speaker 1 (34:36):
Better than Bitcoin? I don't know.

Speaker 2 (34:38):
I think people would look at ETH right now as
the sure play at least to the all time high.
Then I think you have to go into the potential
of what happens after that right now, the yeah, you
guys are still on the days wow fifteen hour votes
on days to all time high.

Speaker 1 (34:58):
But the point being.

Speaker 2 (34:59):
Is is that if we do get well when we
hit all time high for ethereum, I think the real
question is how does it react be of above the
five thousand mark, because I think that's a psychological number
that the market is going to be very interesting. So
whether you believe it's going to be a seven k
or in my opinion, I think you know, we could
see a ten k all time high in the next

(35:22):
you know, six months, maybe not by year end, but
I do believe that you've got so much narrative playing
into ethereum right now all of this, Yes, we could
see a retlacement. Those are typical market cycles. Remember that
if you're brand new to crypto, number one thing you
guys should do is get in our diamond circle.

Speaker 1 (35:39):
So we always leave a link down below on those
because that'll help you.

Speaker 2 (35:44):
Is ten k likely for eth Listen, if you listen
to Tom Lee, he's it above twenty k, not for
the year, but as a high for where this asset
could go in the next twelve months. That's significant in
terms of where this market. Go Remember, this market is
looking at crypto completely different than you and I look

(36:04):
at it as crypto people. They're looking at it from
a trad FI stance that has never had this in
the lens before, never been in there before. Outside of
the Bitcoin etf we have not seen these asset and
investment advisors start to go in that direction.

Speaker 1 (36:21):
Man, you guys have a lot of questions. Today.

Speaker 2 (36:24):
Eth almost back to twenty five percent of bitcoin, still
a two x to reach the previous cycle most likely,
I think you're right. Biggest mystery is when Congress will
pass rebates to Americans from tariffs. I don't know if
we'll see that. I think Trump, if he does that,
that would be huge for the market because that money's
going right into crypto. Then goes to Trump telling us

(36:45):
to buy eight back when it was fourteen hundred. Did
Trump tell you buy at fourteen hundred? Do we have
record of him saying buy at fourteen hundreds?

Speaker 1 (36:54):
I don't know if we do or not.

Speaker 2 (36:56):
He's he's always getting those good ones. Eth is a
mind hya Nursia right now. I think it's too late, Pal.
I agree with you. I think that is a concern
right now. If there is any concern of us going
into a recession scenario. Is the job slide. That's the
concern I have. And also we're dealing with a potential

(37:17):
of even a lagging inflation nary scenario that could play
into this as well. So don't think that we're out
of the woods yet on any of this end of
year prediction. I don't like making predictions. What I will
tell you this, I think, yeah, an all time high
is definitely there, but that seventy two hundred range.

Speaker 1 (37:35):
We've showed this.

Speaker 2 (37:35):
Before on ETH and if I go to the chart
and you look at ethereum and what it has been
able to do right now, we are out of a
lot of these liquidity ranges. Sentiment continues to fly. I
think that seventy two hundred number is the big one.
And if you go with some of these, you know

(37:56):
a lot of the chart tools that start to indicate
this Evan and I talk about is quite a bit.
That golden pocket is right around seven to seventy two hundred.
That might be the all time high for end of year.

Speaker 1 (38:06):
All right, let's see here.

Speaker 2 (38:08):
What are your thoughts on BTS seems like the best
nav Yes, that is a good NAVCS is a very
interesting you know, I've talked to Charles many times about
what they're doing. They have committed more money to go
into ethereum. I think they're interesting things as well. But

(38:28):
any of these treasuries, I think if you're willing to
hold a little bit longer, these will probably play out
for you. Not financial advice. I'm not telling you guys
go on and putting these money in the treasuries.

Speaker 1 (38:39):
Okay, black hole or circle? Who do you pick?

Speaker 2 (38:43):
Oh, in terms of like DeFi, I'm assuming that's a
question for DeFi like invest circle for DeFi yields and
meaning USDC or go in and pair it with black
the token I will say this black Hole has started
to slide a little bit and shift a little bit
of power back over into the other Avax ecosystem.

Speaker 1 (39:05):
I we'll mention who that is. You're gonna watch a
video for that.

Speaker 2 (39:08):
We're gonna talk about that a little later in the week,
So be on the look for that. Like I said,
if you haven't subscribed, do that because that will be
a big video. What are the chances of them not
cutting rates? This is a concern because if we don't
get a rate cut, expect, guys, some market instability. We
will see it both in the S and P. We

(39:28):
will see it in the crypto markets. You could see,
you know, Cobec coming in and saying, you know, sixty
billion liquidated in the last sixty.

Speaker 1 (39:37):
Minutes kind of things.

Speaker 2 (39:40):
But that's for sure, all right, guys, we are going
to do more Lives, trying to keep on this for you.

Speaker 1 (39:45):
Guys.

Speaker 2 (39:46):
We'll try to get in here at least a couple
times a week if you do. If you like the Lives,
if you like the Lives, or if you like more
of our deep dives, let us know. We always love
your feedback because that's that's one of the things that
really drives the channel, and it's and it's a big deal,
so we appreciate it. If you're not the Diamond Circle,
get in now. It's free, super easy to join. It's
a free link down below and follow me out there

(40:07):
on x at Paul Baron. I'll catch you next time
right here on the Paul Baron Show.