All Episodes

October 28, 2025 • 12 mins
The Federal Reserve is set to make its next interest rate decision on Wednesday, even as a near-total blackout of federal economic data continues amid the government shutdown.

~This episode is sponsored by BTCC~
BTCC 10% Deposit Bonus! ➜ https://bit.ly/PBNBTCC

00:00 Intro
00:10 Sponsor: BTCC
00:30 Join us Tomorrow
00:45 25bps locked in
01:00 oh SNAP!
01:15 Gov Shutdown end Jan 1st??
01:30 Dollar hits one-week low
02:00 Asset rally loading
02:20 Trump Argentina bailout
03:00 Andre Jikh: $40B bet against China
04:45 What were up against
05:20 Banks loaded on Gold
05:50 Banks are buying into crypto
06:30 $BSOL
05:50 More coming
07:20 SOL vs ETH
07:45 No BlackRock, no party
08:30 Tom Lee conviction
09:15 Tom Lee is ETHtarding
10:00 New financial order
10:30 Paul Tudor Jones: Ingredients in place for massive rally
12:30 Outro

#Crypto #Bitcoin #Ethereum
~Rate Cut Countdown📉Crypto Market Update~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺


Join our community!

Diamond Circle Email (FREE)➜ https://bit.ly/pbnmembership
Private Telegram Group (FREE) ➜ https://t.me/+nISqoMxrok40NTcx

Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
X/Twitter 📱 http://bit.ly/PBNtwitter

Get official PBN merch! ➜ https://merch.paulbarronnetwork.com/
~ The Best Self Custody Wallet ➜ https://tangem.com/en/ Use Code PBN for Additional Discounts!
~ The Best Crypto Exchange ➜ Coinbase, get up to $200 in crypto - coinbase-consumer.sjv.io/BARRON
~ Looking for the best tax havens for Crypto? Free Month with iTrust Capital ➜ Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON
Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Let's get into it.

Speaker 2 (00:00):
We're going to talk about a rate cut countdown because
the FOMC is happening tomorrow. You guys don't want to
miss it. Let's just jump right into the show. I
do want to thank our sponsor, and that is BTCC.
This is a new exchange, or not a new exchange,
but one that is new to our channel. You guys
can get out there and get a ten percent bonus
on first time deposits. So all you have to do
is use our link down below. It's a special page

(00:21):
for a sign up. Get into it over there. They've
got all sorts of sign up unlocks, extra bonuses and offers,
all just by using the link down below.

Speaker 1 (00:31):
Check it out and.

Speaker 2 (00:31):
Get started with BTCC to get your trading going. All right,
So tomorrow we will be doing the FOMC live, so
make sure and check that out.

Speaker 1 (00:39):
Will air that.

Speaker 2 (00:40):
If you're not subscribed to the channel, do that right now.
Hit the little bell and give you a notification when
this comes out. This is going to roll into the
rate cut, which pretty much is a slam dunk for
the quarter point and there is no other It does
not look like there's another shot at this the fifty
basis points, very very low. All of that happening right now.
With that, you've also got the government shutdown, and this

(01:03):
is everything from snap benefits suspension. This is getting much
bigger and it's going on for much longer than what
I think a lot of people anticipated. Right now, the
poly market on the government shutdown is ending. Look at this,
this is going out all the way into January. End
of January ninety eight percent, December thirty first ninety five percent,

(01:23):
November thirtieth eighty two percent, So it looks like it's
going to extend past Thanksgiving, which I think was the
big target that everybody was looking for. With that being said,
we have the dollar hitting a one week low, and
of course this starts to put a lot more pressure
on pressure on the United States obviously with what's going
on with the United States and China trade deals, which

(01:46):
is all bearing down on the US dollar and the Dixie,
which puts more impetus on you guys to get out
there and get into assets, which is why crypto is
the place to be.

Speaker 1 (01:56):
Asset owners are winning.

Speaker 2 (01:59):
Combined asset value major asset classes run right now have
reached a major record with two hundred and sixty one trillion.
This is equivalent to two hundred and ten percent of
the size of the global economy. So as you can
see everybody pouring into assets, gold, real estate, crypto, stock, spawns,
et cetera, all of that getting away from the dollar.

Speaker 1 (02:19):
And this has been a big one.

Speaker 2 (02:20):
Now, remember that Argentina, we did a big bailout on that. Well,
they just won. Melee just won his party's election. This
is a midterm election, so he's back there in office.
But remember this is Bernie Sanders. He's kind of going
at the president on this. During the shutdown, Trump could
find forty billion to bail out Argentina, a three hundred
million for a ballroom, and you can kind of see

(02:42):
this is all of the Dems pushing hard to try
to get the government shut down done. With all of
that happening, we also have issues going on right now
around how China is playing out on this, because China's
continuing to almost dedollarize. Let me go to a clip
real quick, it'll explain more.

Speaker 1 (03:00):
Take a look. Now.

Speaker 3 (03:02):
In his first month este Treasury Secretary Scott Besen has
been very loud about one specific thing, and that is
that the United States has to take a bigger role
in global markets again. In other words, he wants to
slow down this chart right here, Remember this one. It's
the chart that shows decades and decades of de dollarization.
So the goal is to defend the dollar's global role

(03:25):
by helping allies stabilize their economies before China does it
with the yuan, which we know will be backed by gold.
But I don't think it's just about Argentina. It's also
about the US fighting its war with China over the
idea of what money should look like in the future.

(03:45):
Because think about what's happening. China is getting ready to
build its gold corridor right the node of vaults across Asia, Africa,
Latin America, and they're literally creating a parallel financial system
backed by their economy with the money that's redeemable for gold.
And the US has also been doing kind of the
same thing, but in reverse. So this bailout of Argentina,

(04:06):
I don't think is some random act of charity, right,
it's not altruism, and the president's not doing it just
to be nice. He's doing it because it's supposed to
telegraph to the world that the US still has that
power to stabilize economies whenever it wants. China might be
lending in yuon backed by gold, the US is now

(04:28):
lending dollars backed by treasuries, right, and Argentina is sort
of this test case scenario, all.

Speaker 2 (04:37):
Right, So you can kind of see this does play
out into kind of the gold versus digital asset space.
You look at a few things here, Shanghai is gold, warrants,
digital certificates, all this proving ownership, especially around what Andre
was talking about, and that is this new migration into
gold as the core asset against the yuon. Now, how

(04:57):
does this play out with crypto and how the United
States is really leveraging in on stable coins because that
could also play into this where stable coins of course
are backed by treasuries. So there seems to be a
balance of power that is playing out on the global stage,
and I think that's what he's getting at with Trump.
This starts to change things a lot. The only question though,

(05:19):
is why are central banks starting to leverage into gold?

Speaker 1 (05:21):
So you have this right here, global.

Speaker 2 (05:23):
Central banks now the most gold in this century. Granted
it's edging up, but it's not as high as it
was back in nineteen eighty when it was all gold,
and this of course could immediately switch if we start
to see the growth of stable coins and digital assets
starting to take place, which is why I think the
strategic reserve plays into this as well as the overall

(05:45):
strategy of what crypto and Trump is trying to do.
If you take a look at that, and here's Hunter
Horseley coming in from bit Wise, he says, in the
next twelve months, every Wall Street institution will be doing
something in crypto. Software is eating the world. And this
is where it gets interesting because if you look at
Wall Street still the center of the universe when it
comes to finance, the fact that we're going on chain

(06:07):
to RWA's real world assets tokenizing securities, this puts so
much pressure on China, who is going to more of
the physical and the tactile side of it by utilizing gold.
All this could still leverage in on both assets winning
in the long term. We just may end up with
a kind of a bipolar scenario between the US and

(06:28):
China both leveraging it on two different asset classes. The
other thing you got to look at is what's happening
in the ETF side of things. Well, you've got Bitwise
launching their Salona ETF starts trading today, so that was
a big one. And this is where you'll get direct
exposure to soul, so it's the first of its kind.
The other thing that plays into ETFs is the number

(06:49):
of them. And if you look at this, this is
balshunis one of the Bloomberg guys who focuses on ETFs
right here, and he's talking about the very issue of
Bitwise's Salona canaries like coin Mary's h Bar. All this
launching tomorrow, so you can see the acceleration.

Speaker 1 (07:04):
We'll see XRP ETFs. All this playing into it.

Speaker 2 (07:07):
The real question is is will the fund start to
transition from the major capital in the market or will
we see it coming in from retail. And I think
that's going to be the question that all this place,
because remember ETFs in the past have done something kind
of unique. Remember ETF's launched for eth and this was
in July and then I followed with a forty percent correction.

(07:29):
So the question is will Solana take the same track.
Right now, it's about a fifty to fifty on the
pole right there with just a few votes in. But
some people think it's different now but most people think
this could see a retracement on Solana.

Speaker 1 (07:43):
Other things you got to look at, of course, is Blackrock.

Speaker 2 (07:46):
Blackrock is the only reason the bitcoin ETF investments didn't
turn negative into twenty twenty five. Institutional capital is the cornerstone.
And if we're not getting institutional capital and Solana, could
it go the way that we had kind of seen
with early stages around ethereum. A couple other points within
this article, blackrocks I shares Bitcoin ETF Trust received twenty

(08:08):
eight billion in investments in twenty twenty five. Without it,
the fun spot Bitcoin ETF records would have been like
basically a net outflow of about one billion, So a big,
big difference in Blackrock putting a big flag in the
ground around these ETFs. Let's take a look at this though,
because Tom Lee is still very bullish, and this is

(08:30):
a narrative that Tom has been touting for some time,
and he's still buying eight He's continuing to double down.
He is all in on ethereum because he believes in
noting the narrative, but he's got a conviction around this
asset changing the world.

Speaker 1 (08:47):
Many people would say he's just going a little too
hard here.

Speaker 2 (08:50):
This of course was Tom Lee talking about how the
MAGS seven and crypto are or rallying. And if you
look at just what's been going on in not only AI,
but just look at in general bitcoin ethereum.

Speaker 1 (09:03):
This is just short term.

Speaker 2 (09:05):
Imagine what this could do in the next six to
eight months if we continue to see the pour in
on assets. And I think that's the issue that Tom
is watching right here.

Speaker 1 (09:14):
Let's go to a clip andw Kong.

Speaker 4 (09:17):
I don't know if people saw this tweet, but it
was titled Tom Lee's e thesis is retarded. You got
about one point five million views, and basically his claim
was that, yeah, look it might be true that stable
coins are going to ethereum, RB is going tothereum people,
you know, banks are going to use ethereum, but they're
not gonna pay fees. Always think feast for any of this.
This is all just a meme and you should buy

(09:39):
I don't know, robotic companies.

Speaker 1 (09:40):
I guess he's super big.

Speaker 4 (09:42):
Now, do you have a counterpoint to what you saw
coming out of the Andrew Kong camp the doubters.

Speaker 3 (09:49):
Well, as you know in the crypto world, retarded is
a good thing.

Speaker 1 (09:52):
So I took it as a compliment.

Speaker 3 (09:56):
Okay, okay, I'm ethe tarting a good response.

Speaker 4 (10:02):
That's a very good response.

Speaker 5 (10:03):
Wow.

Speaker 2 (10:05):
I like Tom and his ability to kind of take
it on the chin because this guy has been right
for the most part on a lot of his calls.
The question is is he right this time? I think
everybody is waiting to see. But the new financial order
is coming in hot. You look at Securitize putting out
a tweet tokenization single greatest opportunity in all of finance.
I would agree with this as we continue to see

(10:26):
growth around our Toba's in that market. One other clip
I want to go to because this gets into what
are the ingredients that could spur a massive rally?

Speaker 1 (10:36):
Take a look.

Speaker 5 (10:37):
Feels exactly like nineteen nine nine. I don't know whether
we'll actually replay it exactly, but I think all the
ingredients are in place. Well, if you just think about
bull markets, right, the greatest price appreciations always the twelve
months preceding the top. So that's the nature of a
bull market. It kind of doubles whatever that annual averages

(11:01):
and before then. So if you don't play it, you're
missing out on the juice. If you do play it,
you have to have really happy feet because there will
be a really, really bad endto it. And my guess
is that I think all the ingredients are in place
for some kind of a blowoff. Will it happen again?

(11:23):
History rhymes a lot, so I would think some version
of it is going to happen again.

Speaker 1 (11:29):
If anything, now is.

Speaker 5 (11:31):
So much more potentially explosive than nineteen ninety nine. We
were looking at a rate hike in November. Now we're
looking at a ray cut. That fiscal monetary combination is
a brew that we haven't seen since I guess the
postwar period or early fifty something like that. And that
was crazy time.

Speaker 1 (11:52):
All right.

Speaker 2 (11:52):
So that's Paul Tudor Jones talking about this, and then
what he's referencing to is the dot bomb, and between
ninety six, ninety seven and two thousand, that was an
era in technology that does have a lot of similarities
to what we're dealing with right now with AI, crypto,
stable coins, all the things that are happening globally. And
then he is right now, you apply some pressure coming

(12:14):
in from the FED on rate cuts cycling into this,
this will either be one of the biggest booms in
our industry, or it could be a dud. Many people
are trying to figure that out right now. If you
guys are not subscribed to the channel, make sure and
do that because we'll keep you updated on all that
good stuff. Hit the link down below you can join

(12:35):
our own Diamond Circle. Follow me out there on X
at Paul Baron. We'll catch you next time right here
on The Paul Baron Show.
Advertise With Us

Popular Podcasts

Stuff You Should Know
Paper Ghosts: The Texas Teen Murders

Paper Ghosts: The Texas Teen Murders

Paper Ghosts: The Texas Teen Murders takes you back to 1983, when two teenagers were found murdered, execution-style, on a quiet Texas hill. What followed was decades of rumors, false leads, and a case that law enforcement could never seem to close. Now, veteran investigative journalist M. William Phelps reopens the file — uncovering new witnesses, hidden evidence, and a shocking web of deaths that may all be connected. Over nine gripping episodes, Paper Ghosts: The Texas Teen Murders unravels a story 42 years in the making… and asks the question: who’s really been hiding the truth?

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.