Crypto News: Weekend news and Predictions

Crypto News: Weekend news and Predictions

hello everyone
hello
and it seems
like the
dtcc big investment thing has actually
taken some
um action against Bitcoin now they
haven’t really taken against Bitcoin but
they’ve raised the risk of Bitcoin so
definitely not uh that great well it’s
6:35 p.m for me it’s not 2:35 in the
morning so
yes the has taken some uh Insidious
actions against Bitcoin that might
actually affect bitcoin’s liquidity I
personally think it will affect it too
much but we will see
your Crow with knife should work uh let
me see did Crow with knife go up
massively today I mean like it wasn’t
really worth anything when you sent it
to me so definitely that could be the
case so we’ll talk about bitcoin’s
liquidity now that the dtcc has tried to
step in and annihilate Bitcoin and we’ll
see it the fact that it probably won’t
work at this point
uh there’s probably some lag because uh
the amount
of like I don’t really know why but the
bandwidth is really really bad going
into YouTube I guess like um there’s a
lot of drop frames and stuff
unfortunately kind of
sucks yeah like choer needs like choer
definitely needs better connection and
uh it’s not uh I might actually just
switch from Charter to something else
sooner or
later we made a happy accident on your
modem no it’s not I’m actually using
Wireless there’s no happy accident on my
modem it just kind of sucks because um
they can’t receive enough data to
actually process this stream which
sucks yeah it’s it sucks there’s like
it’s buffering like Charter needs to
Charter really needs to up its game
because they charge a lot and they still
haven’t upped its game
pop yesterday was CDC listing nice ooh
$71 Crow with knife yes hopefully it
pops some more I mean cro is
um you know like it’s on the cro chain
it’s the only meme coin of note on the
cro chain so it could actually be pretty
good hopefully this thing like gets over
soon but we’re not trans we’re not
transmitting a lot of kilobytes right
now I don’t really know why like
bandwidth should not be like limited
over the the weekend this is kind of
ridiculous honestly uh with like the
thing lagging hopefully it’ll stop
lagging after a
while yeah I don’t think xlm I don’t
actually think xlm is actually going
anywhere you can actually move you can
move to a smaller resolution that would
work it started happening about 3 days
ago it’s just not my channel
yeah I’ve had trouble with it might just
it might honestly be YouTube cuz like my
regular internet seems to be working
fine like my regular internet seems to
be working fine and um it’s just YouTube
that’s like really lagging Moon I would
say end of this year well let’s actually
look at the dtcc thing I don’t think
this will actually I don’t think this
will actually affect Bitcoin but we got
to take it we do have to take a look at
this we definitely have to take a look
at
this so uh dtcc announces 100% crypto
haircut policy um this just makes it
harder for them to uh get liquidity so
the dtcc has decided to impose 100%
haircut on all investment instruments
backed by crypto assets because they
have deemed crypto assets to be very
very risky some analysts speculate that
this move could lead to reduce liquidity
and increased risk for investors however
others argue that the dtcc decision
might not significantly affect crypto
ETF F performance leverage trading
without kyc and G blah blah blah
whatever that’s that’s a that’s a
sponsorship so how will dtc’s decision
in Impact Bitcoin ETFs they may not
impact Bitcoin ETFs at all or they might
have a liquidity impact I don’t really
know which
one so like dtcc is a financial services
firm that offers clearing and Settlement
Services in financial markets it plays a
pivotal role in the trading operations
of recently launched Bitcoin ETFs
notably the dtc’s decision will take
effect on April 30th and could impact
position valuation in the collateral
monitor as a result dtcc services will
no longer permit entities to use crypto
exchange traded products as collateral
so basically like they will not actually
allow um ETFs to be used as collateral
for financial transactions conducted
through the DTC system so that might
weaken the liquidity for Bitcoin no
collateral value will be given to any
ETF or any investment vehicle that
includes Bitcoin or any other
cryptocurrency as an underlying
investment hence will be subject to 100%
haircut obviously they’re all moving
they’re all trying to move against
crypto and I do actually think they will
fail this announcement has triggered
speculation regarding its potential
ramifications with some suggesting it
could initiate a reversal in Bitcoin ETF
inflows don’t think that’s going to
happen but that would be pretty bad if
it did happen autism Capital Express
concerns over potentially reducing
liquidity and increase investor risk
Additionally the firm noted that the
move could mitigate Wall Street leverage
Maneuvers I don’t know if that’s a good
or bad thing but like they’re trying to
reduce uh they’re definitely trying to
reduce um liquidity in Bitcoin and
they’re trying to discourage people from
buying them I don’t think that’ll
actually discourage people from buying
them though contrary to such concerns
certain experts argue that the update
may not significantly impact crypto ETF
performance they pointed out that
digital assets are not the sole subject
of this 100% haircut when utilizing a
line of credit to settle trades with the
dtcc there’s a lot of other things that
have gotten this haircut so crypto is
not Alan more however they also
emphasize that only specific large Banks
and financial institutions res resort to
drawing down on lines of credit for
Trade Agreement settlements with most
trade settling through delivery versus
uh delivery versus payment minimizing
the need for credit lines so like the
the quote is the only entities that can
draw down from the loc are specific
large Banks so it’s kind like I think
this is kind of limited um FIS I doubt
any of them would have the H would have
had the risk appetite to pledge crypto
collateral anyways the locc is reviewed
annually last time around the crypto
ETFs didn’t exist so seems like they’re
just covering their basis for the
current annual review no there’s lots of
asset types that have a 100% haircut so
it’s not really um only crypto that’s
being targeted and I don’t think it’s
actually going to affect crypto but
we’ll see why so like additionally
Bloomberg ETF expert James cir dismissed
the Doomsday Notions echoing the
sentiment that the update holds little
tangible significance so hopefully
that’s true that it holds little
tangible significance it could actually
draw down liquidity which would kind of
be kind of bad for Bitcoin but hopefully
it doesn’t actually do anything because
I don’t actually think it will do
anything uh anything tangibly anyways to
bitcoin I I think like they we’ll
actually get a pretty big alt season I
mean alts just don’t have the same draw
of ETFs like Bitcoin does so like alt I
think will actually I think alt season
will run on schedule while Bitcoin
season has been Advanced because of the
ETF
stuff so just push people use actual
crypto on chain def5 for loans against
collateral I mean they’re like ETFs
weren’t going to be use are like onchain
collateral
anyways so I I don’t really think this
really has too much of an effect but
we’ll see what happens in Monday we’re
also getting the Hong Kong ETF coming
next week so that should actually be a
boost that definitely should be a boost
for uh crypto price at least I hope it
will be a boost I don’t really
know and
um don’t really
know I look I think All Season’s
probably going to be at the end of this
year the last all season was the end of
2020 beginning of 2021 and I think this
alt season will be four years later end
of 2024 into
2025 that’s that’s when I think this alt
season will
be so like yeah I don’t really think
this thing will actually have too much
effect on crypto am I still lagging it
looks like I’m still lagging cuz it just
won’t let me go through like YouTube
won’t let me go my data go through for
some odd reason or
other if the government bailed out the
banks uh would they bail out Black Rock
they’re not going to bail out the like
the ETFs don’t really need to be bailed
out I don’t think this will have any
real effect on the ETFs there’s a lot of
other assets that got haircut to so I
don’t think this will
um I I I don’t really think this will
actually affect other things
some streamers face lags when their mm
Phantom wallets are open or some CeX
browser page du to change in the in view
numbers on the
dashboard but like my Phantom wallet is
not actually open right
now as long as I’m not lagging it’s fine
I I do think it’s kind of like I I do
think like it’s it’s a YouTube
Problem some streamers face like yeah
I mean all the all all the meme coins
are on sale right now they’re all really
low in price about who gets bailed out
and who doesn’t and why obviously the
government’s going to bail out their
favorites I have not looked into
gonzilla I’m not really sure why I would
it seems like another uh it seems like
another meme heard of the new coin built
it’s created to fix vchain tokenomics
called
sht uh I have I’ll look I’ll look into
it I’ll look into it um I don’t know if
a new coin can really fix vchain
tokenomics though I definitely have my
doubts on
that built by the team that uh use my
um I mean I don’t actually think V
Chain’s tokenomics are really that
broken like yes the the the ROI for
staking is really low but they actually
do have
staking I like Arrow I it’s the main
deck it’s the main decks on base and
that says a lot the fact that it’s the
main Becks on decks on base says a
lot has been given the biggest vchain
Grant that’s
nice yes I would actually be surprised
at this moment if an ethereum ETF
actually did get approved I do not
believe that it will get approved um
it’s been kind of like hinted by the
like the SEC hasn’t done anything any
groundwork to actually approve an ETF so
that’s why I don’t think it’ll be
approved like there’s certain things and
forms and like filings that have to be
done um before an ETF gets approved and
the SEC has not done such
things dude like
realistically all meme coins are kind of
the same whether it’s Brett or cop or
whatever they’re all the
same because like you can say like um
you can look at the distribution and say
it’s a fair distribution but you don’t
really know for sure that like you know
like a lot of those wallets aren’t made
aren’t held by the same
people just want to know how much it’s
costing to mine Bitcoin and why that
price is so high because there’s a lot
of people mining Bitcoin that’s why the
price is literally super high uh because
there’s a lot of people mining Bitcoin
and they all want a piece of the action
whether that’s smart or not I won’t say
I mean I think bitcoin’s cool but still
Hong Kong crypto ETF what’s next for
China and
crypto not really sure what’s next for
China and
crypto not really sure what’s next for
China look I think Hong Kong ETF is like
it’s not for retail Chinese buyers it’s
for like really really rich Chinese
businessmen and institutions it’s
literally like it’s really an
Institutional
fund any uh
dydx it’s really high right now I don’t
really have any other news like Japan’s
like Japan’s currency just completely
fell against the
dollar Japan’s currency completely fell
against the dollar and that’s not good
for dxy for us at least because we need
dxy to be low and if other countries
Fiats are falling that means dxy is like
that does actually mean that dxy is
increasing and we don’t really want dxy
to increase anymore it’s no
good what do you think about salana I’m
still bullish on salana I think salana
will continue to do well I mean like
they did things they they did promotions
and stuff
right so I actually do think salana will
do very very well in the future so yes I
am bullish onol um probably more bullish
than some other people yes I know salana
has obviously technical issues and a lot
of technical issues but I’m not really
that worried about
that oh dydx cryptocoin I don’t really
know much about dydx
cryptocoin I I think like some people
like I think they named it that just to
get people to look up their coin
basically I I don’t even know what super
is what’s so special about the CBU
wallet I mean it’s hosted by coinbase
other than
that I mean I have a little bit of BTC I
don’t have I don’t have that much of
it Dy DX chain is a proof of stake
blockchain Network built on using the
cosmos SDK and leveraging Comet bft for
consensus the dydx token is the L1 token
for D dydx chain I mean it’s just
another proof of stake blockchain
Network there’s a lot of stuff built on
the cosmos
SDK so I I I don’t really see that much
special about it
that’s a vchain investor should take a
look at it’s a meme coin on vchain that
burns a ton of
VTO I mean you have to get people to
actually buy the meme coin though that’s
the
thing yeah I’m not going to buy $4,000
worth of a meme coin you can go do that
I’m I’m not
interested uh that burns a ton of vtho
and gains access to vchain
defi I mean yeah it’s a First Step but
you still have to get the meme coin to
be popular the the whole thing the whole
problem with vchain is it doesn’t have
liquidity and if it doesn’t have a
liquidity it’s going to be it’s going to
be hard for a meme coin to get popular
like the chain the team has to make
moves to get
liquidity think we bottomed
out look I’m not going to buy any cope
right now I have some donations of cope
but like I’m not going to buy
any do you think we all and stop trying
to sh Your Meme coin to Infinity like
shill it once or twice and that’s it
stop like getting all you and all your
buddies to shill
it do you believe we bottom out I treat
BTC as an investment just like like just
like everything else just like all the
other
coins there’s a lot of liquidity on base
but even if Bas didn’t have liquidity
it’s not like V would get it like V
first of all needs like usdc or usdt and
then it needs to like advertise itself
to to to like protocol
developers like protocol developers need
money and they need support if your
chain doesn’t have any liquidity no
one’s going to develop on your chain you
your chain like needs liquidity for
developers to actually be interested and
vchain does not have any like no one’s
really interested in developing on
vchain because there’s no liquidity and
they can’t get money you know mad Viking
games mad Viking games right now is
actually moving from vchain to BNB
because vchain doesn’t have any
liquidity and they can’t get any
investment
like they need people to buy and sell
their coin and getting on the vchain
ecosystem is actually pretty difficult
and like they don’t really they don’t
really have unfortunately for vchain
they they really don’t have
um like like they really don’t have like
a way to support big projects so like PE
like these projects are going to be
looking for liquidity like the vchain
team needs to do something about that is
a group of respective vain that are
creating something worth looking at I
mean I’ll look at it I’ll look at it but
like if it’s like one meme coin it’s
going to be hard for it to work I I
think you need to get a big stable coin
I think you need to get a big stable
coin on vchain
first I definitely think you need to get
a get a stable coin on vchain first and
then like promote it I don’t know how
you would promote it maybe do something
like what salana did
you will need to check
out review on this whole Brett
Scandal dude stop being dumb like
Brett’s just another Brett’s just
another meme coin just like all the
other meme coins and also like like
having a meme coin Creator having like
80% of a meme coin is not really all
that surprising
thanks man thanks for the
donation thanks for the
donation what is going on with the
market the Bull Run look the Bull Run is
not over just because the bull just
because we didn’t immediately go
up like just because the they didn’t
immediately go up doesn’t mean like
we’re not going to eventually go up look
at the last having we didn’t go up
immediately after the last having either
or the having before that
one cuz we didn’t really go up in 2016
and we we didn’t really go up in early
2016 and we didn’t go up in early 20120
people need to stop freaking out just
because like their coins didn’t moon
right after the
having I still think Bitcoin is going to
get to
150k is ethereum worth it to buy right
now it’s really going up I don’t know if
I would unless you know that the etf’s
going to get
ped I don’t really know if I
would what are your thoughts dude stop
spamming I don’t care about your coin
right now you’re just annoying me with
your
spam what are your thoughts on harar and
apparent Black Rock
news no no like I that’s my I think
ethereum will get to like
$10,000 I definitely think like ethereum
will get to about
$110,000 uh I don’t know if it’ll I
really don’t know if it’ll go above
$110,000
though like har bar has like I think har
bar actually has pretty like pretty good
stuff for the future but like they also
need to promote their ecosystem
don’t really know much yes look look H
bar is f look har bar is uh gonna be
fine the the Black Rock thing wasn’t as
a big deal as they made it out to be but
it’s not like it wasn’t good for H bar
the Black Rock thing is still good for
har
bar selling be BTC black rock is holding
dude no one is selling BTC maybe like
grayscale that’s because they’re trying
to sell for other ETFs we’re at 63k yes
we’re not massively going
up a lot of like the donations recently
have been meme coins but I actually have
some in the cardano ecosystem I still
have vchain I still have chain link you
know like the flaky stuff is working out
really well for me but that’s like an
old meme coin that’s been around for a
while like more ALR and H bar both
didn’t perform that much right now
looking at both swing trade I mean h bar
is a higher Market than Captain alram
but they’ve also like come a lot further
with collaborations and stuff in
ALR black rock is not going to let two
Geeks with laptops handle their
rwa well I mean like har bar is actually
a legitimate project
though also like like regardless of what
every anyone says har bar is tokenizing
black Rock’s IC fun I don’t think it’ll
impact price much at all but they are
tokenizing H Bar’s IC I mean black
Rock’s ICS fund that’s that’s
undeniable like everyone is trying to
get other people to buy their crazy meme
coins so they can use it as like exit
liquidity to pump them pump their own
bags up there’s there’s too much there’s
too much competition in meme coins at
this point it’s way too much competition
in mem coins at this point you think
runes is going to be a thing in terms of
being
profitable you mean Bitcoin that the
Bitcoin ruins protocol yeah for a while
and then people are going to discover
that it’s gon it just makes Bitcoin not
functional they’re trying to like come
up with any cocka way to get Bitcoin to
be something else besides a store of
value
they’re trying any way they can to to
get Bitcoin to be something more than a
store of value to actually get people to
develop stuff on bitcoin it’s not going
to work just bitcoin’s just not built
for that and uh it’s just not it’s not
built for that it’s not meant for that
unfortunately like it can’t handle it
because it just like it can’t process
the a
TPS like your TPS actually has to be
good enough for that stuff to work and
bitcoin’s TP is simply not good
enough look I have like a billion I
literally have like a billion meme coins
and I’m not really interested in adding
too many more meme coins with my own
money to my
portfolio because like people keep
donating me R like people like literally
keep donating me random meme coins
like people keep on like donating me
random mcoin so I actually have like a
very very like a hugely varied like uh
mcoin portfolio especially on
salana I’d rather to just donate money
instead because like generally like
these meme coin like there’s a lot of
um because most these meme coins don’t
really go anywhere there are a couple
like Costco hot dog and like B that’s
actually worth money but the rest of it
is actually not worth
anything like book of memes actually
held really strong the rest of these not
so
much but look I think when the Bull Run
comes back a lot of these memes are
going to come up book can compete with
Kendall what’s what’s
book I mean I don’t really know that
many
people I I don’t know that many people
that actually have a Kindle everyone has
like an iPad or an Android I mean I
guess Amazon I guess Kindle’s based on
Android I mean the coins that donated
are still worth like hundreds of dollars
and they’re still way above what they
what they were when they donated to when
they got donated to me you’ll see me
laugh at you like once the Boron really
comes and all like a lot of these meme
coins just completely outstrip Bitcoin
in terms of
gains because I know like once we bull
run again these meme coins are going to
run way harder than any of the top
coins yes I do think the ethereum ETF
will be denied the SEC has not shown any
clues that they’re going to approve the
ethereum ETF think it worth picking up
some
Pepe I think Pepe is
I mean Pepe is a good meme just because
the whole 4chan thing and people know
about it before it’s already it already
has a pretty big market cap though I’m
sure they’ll probably try to pump it
again like I think overall altcoins are
actually a pretty good pickup right
now I think all coins right now are a
really pretty good pickup if you want to
be safe I you could buy like BNB or
salana those are pretty much gonna I I
know those are going to go up
yeah I’m waiting for like the Bitcoin to
go up again so like the rest of
everything like so the meme coins go
insane because I know they will it’s not
hard to sell those things I can just
swap them into
salana I didn’t think they
would yeah but I mean like the Bitcoin
ETF was like telegraphed that they were
going to accept it because they did a
lot of groundwork they they like filled
out all the forms and they actually like
got it and they before they got it so
like they were telling you they were
going to accept it they haven’t really
done any of that work for the ethereum
ETF so I would actually be very very
surprised if they actually uh ended up
approving it like this time eventually I
think they’ll have to approve it because
like I don’t I think the courts are
eventually going to make them approve
it between LTC I wouldn’t pick either of
them but if I had to pick I’d probably
just take LTC but I honestly would not
take either of those coins I think both
those coins are
garbage but thanks the donation I I
think both LTC and bch are pretty much
garbage do you I mean actually no I
would pick bch because there’s actually
a team there there’s no team behind LTC
but I wouldn’t get either of
them um do you do we stay stagnant in
May through August I don’t think we’ll
stay all the stagnant all the way from
May until August
I mean like if you yeah I would actually
buy BTC over LTC and bch but I would
still buy other altcoins over BTC de
Central land’s old man like all the
other metaverses basically surpassed it
and Joe have you played the game de
centraland it kind of sucks man it
really does like that’s not to say it
won’t pump because like you know if
there’s a gaming craze sure it might
pump because it was like the first one
out there but honestly if you’ve played
it it kind of does suck and it like and
for some reason it crashes my graphics
card which it really
shouldn’t maybe they fix that cuz it’s
been a couple of years since I’ve play
it’s been a couple of years since I
played it and from from what I do
remember it does actually suck as a
game so because it does actually suck as
a game I’m probably not going to buy the
coin because I want to buy a coin that
like if I’m going to buy a gaming token
I don’t want to buy it like from a game
that that I think like really sucks I
mean I there might be a future for it
but I would I I would actually buy other
game coins honestly cuz like decentral
land was the first metaverse game thing
out there so people like people were
excited about it but they never really
made any
improvements and I don’t know how many
people play decentraland
anymore BTC isn’t able to use collateral
that’s a bummer but war on crypto well
it’s Bitcoin no it’s Bitcoin ETF that AR
aren’t able to be used as collateral and
that’s only through the
dtcc so I I don’t know if that’s going
to affect
anything we’ll see how sht actually
works if it if that can bring like
liquidity to vchain I’m like all for it
if it can bring liquidity to
vchain there any crypto games um I have
to say no I mean like I played Gods on
Chained and I thought that was okay but
a card game I mean it’s it’s better than
decentral
land but no there isn’t like a I have I
have to sadly say with like certain fact
that no there are indeed no like really
really good
um crypto
games there are no like really really
good crypto
games someone said that because we are
high cycle 80k will be the top nope
they’re wrong Bitcoin I I don’t think I
think for this cycle I don’t think High
fees are going to stop Bitcoin from
rising that just gets more people to
mine them which UPS the hash rate which
actually helps the price look Bitcoin
isn’t really look Bitcoin isn’t really a
usable
chain but it’s an investable one like
neither Bitcoin like Bitcoin and
um Bitcoin and ethereum like they’re not
really chains you want to use but
they’re investable chains part of that
is because of the fee now eventually
that’s going to hurt them but I don’t
think it’ll hurt them this
cycle what wax should be worth more than
what it is right now but I mean I think
wax is also one of those chains where
like the utility doesn’t actually impact
price actually I haven’t actually seen a
chain where utility actually does like
where like where like uh industry
utility actually impacts price like I
think that they’re just dangling a
carrot in front of us and that’s never
really going to happen some uh games on
way blockchain blockchain Brawlers not
bad I mean I have’t I actually haven’t
played that many blockchain games I
played a couple of the big ones a couple
of the early ones and honestly they suck
so I I I can’t really endorse them
there’s so I like I I really can’t
endorse them because like the games that
I have played I mean Gods unchain was
decently fun cuz like card games are
decently fun but I also think like uh
generally they kind of
suck I haven’t really touched sandbox so
I don’t really know I mean the gra the
graphics look better than D centraland
and there’s still some hype for it so I
think it’s on a I think it’s on a better
standing than de Central land in terms
of the game itself I’m not really
sure A A lot of the a lot of the um
metaverses just like like the a lot of
metaverse has just never really went
anywhere and that’s too much of a shame
about to swap all my 88
for I mean sure if You’ actually held
for four years you are up 10x on
adaa cuz four years years ago 88 was
like 4 cents and it’s like 46 cents
right
now I would definitely look at it uh
into I thought Shu was a joke meme
coin if it receives like a biggest
vchain like it’s it’s kind of weird I I
don’t really know what to think about
that yeah port numbers don’t
matter like why does anyone care about
port
numbers but me uh maybe vchain has
discovered maybe vchain actually has uh
discovered that they actually need
projects and they actually need
liquidity and that would be a good
thing does the ETF in Hong Kong start on
the 30th I think it’s two here that it
starts selling I I wouldn’t put too much
hope on the Hong Kong
ETF like it’s a good development but I
wouldn’t put too much home in the Hong
Kong
ETF I mean there’s the old ones like
book of meme is still doing okay um fi
still doing okay Sheba enu Doge uh Pepe
dog with hat they’re all still doing
okay I don’t know about I actually don’t
know about memes on base CU outside
Brett I mean I know I think there’s Brit
which is supposed to be like Brett’s
girlfriend or something but you know how
those things
are like people try to make spin-offs
and the spin-offs are never as
successful as the
original the haircut on BTC isn’t as big
I I don’t think the haircut on BTC is a
big deal at
all I really don’t think the haircut on
btc’s like has will have anything to do
yeah like vchain is finally realizing
hey for the price of our coin to rise we
actually need projects and we need a lot
of
projects I don’t think look I’ve said
this before I don’t think ethereum’s
etf’s going to get
um I don’t think ethereum is going to
get that uh get the ETF
approved um like I think get approved by
like end of the year or next year but
not this time around the SEC is most
likely going to deny it cuz they haven’t
done the groundwork to accept it but I
would be pleasantly surprised if they
did actually accept
it unless is Star Wars how about
spin-offs
yeah yeah but like the the spin-off meme
coins are never as successful as the
meme main ones cuz like people are
looking for that new fresh thing they
don’t really care about your
spin-off so the spin-off meme coins
never end up doing as
well who do you think will be the best
L1 it might actually end up being salana
like salana and BNB are competing for
number one right now in this bull Ron
like which which one does the best in
this bull
run no I actually don’t think ethereum
ETF is as big of a catalyst as a big
Bitcoin ETF ethereum affects itself and
maybe the erc20 system maybe whereas
like Bitcoin the Bitcoin ETF affects
everyone over under Gary gendler’s fired
in a year I give it 5050 I mean he is
going to become a political liability
for the Democratic
party because support for crypto is
building and he’s going to end up losing
him too many damn votes that’s what’s
going to happen
Market seems livier today it actually
hasn’t moved very much though like it
we’ve lost maybe a couple hundred points
over the weekend but I’m not concerned
about
that like I’m not concerned about us
losing a couple hundred points over the
weekend I don’t think that’s I don’t
actually don’t think that’s a big deal
at
all think the chain will reach alltime
highs and Beyond this cycle have you
heard of
zange uh I have not but I do think
vchain will actually like reach alltime
high this cycle I don’t know about
beyond the cycle I mean eventually after
as it grows some it has to settle down
but if vchain can expand its ecosystem
it can definitely move up a couple of
ranks there’s not going to be too much
expansion in terms of vchain
Supply on Monday due to Japanese Yen
tanking the dxy thing does have me a
little bit worried but if it tanked it
would have tank like end of last week so
personally I don’t think so the Japanese
Yen situation is a little sticky because
they can’t really solve it the fed’s
probably not going to make any moves to
resurrect the Japanese genen
all go
parabolic probably at the end of this
year I don’t like my hopes for xrp
aren’t really that high if it can reach
its all-time high it’d be great adaa I’m
still looking for5 to $10
like everyone’s trying to pinpoint when
the Bull Run is so they don’t so they
they
like so they don’t have to buy until
exactly right before the bow run that’s
a horrible idea that is absolutely a
horrible horrible
idea you can’t like don’t try to wait
until the last last minute like do not
try to wait until the last minute to
like buy the buy the coin just like just
buy it right
now because it might go up so because it
might actually go up in like several
steps you you definitely like might go
up to several steps
vchain team actually does what they
predict on on board 50d sustainability
apps what the hell is a defi
sustainability app though I I I don’t
understand what that is why not just a
defi app what’s like what’s a defi
sustainability app like what what’s the
differentiator there I’m I’m confused
I’m I’m really confused like what
exactly is a defi sustainability app how
is it
sustainable I I don’t understand already
a great dep that pays people for
recycling I mean that’s not really defi
though but I mean it is pretty cool but
that’s not really defi that’s just
that’s just one of those reward
apps like that’s a reward app like defi
is essentially like borrowing loaning
yield farming I I don’t really know if
you can make defi sustainability apps
that doesn’t make a lot of sense to like
the concept doesn’t make a lot of sense
to
me the whole thing with like uh I I
don’t really know if defi really has
anything to do with sustainability like
you can you can go into the
sustainability Market because the
sustainability Market is going to be
really big and it’s consistently growing
so getting in the sustainability Market
is not a bad idea but I don’t think you
can have like sustainability I don’t
think you can have like defi sustainable
like sustainability apps that doesn’t
really make much sense to me at all the
buy don’t go all in buy High Buy Low
sell
High yeah it wasn’t that great of an
experience when salana like when salana
basically jammed up for several days but
I don’t think that’ll actually hurt
salana too much because people will
still use
salana yeah it’s it’s basically more of
like a it’s more of like a get paid to
take part in our sustainability thing
app it’s not really a sustainability app
because that doesn’t make any sense yes
scroll with knife has actually boomed
it’s like five times what it was it’s
like oh actually it’s like three times
what it was a couple of days ago
hopefully it keeps going up because I
have a billion Crow with knife and
eventually I’m going to sell it for
profit but look I’m waiting for the
market to move up as a whole I’m not
going to sell like right
now wait how wait how wait how is sht
defi if it’s if it’s a meme cor it’s not
meme coins aren’t really defi I mean
like can you lock up sht to can you like
lock up sh to earn yield because that
would actually make it
defi the fed’s not going to Pivot in a
while like it’s going to be several
months before the Fed actually like
starts cutting rates if they even cut
rates this year cuz like the numbers
just aren’t very good like the numbers
are not very good for the FED to cut
rates and Jerome Pal doesn’t give a crap
that it’s election year so he’s not
really going to cut rates just because
of that like if if the if inflation
remains sticky he’s not going to cut
rates Donald Trump says he wants to set
set rates himself as soon as becomes
president but he can’t actually do that
he’s not actually allowed to do
that and also like him setting rates to
zero long term would be a horrible idea
that would like that would make
inflation go straight
up so like I don’t think the rates are
going to cut I don’t think I think that
we’re going to get one rate cut this
year and that’s it I do not think we’re
going to get more than one rate cut
but despite that I still think crypto is
going to go
up because I don’t think crypto is I
don’t actually think crypto is
completely dependent on the fed and rate
Cuts Like people some people are
actually starting to use crypto as a
hedge against like the inflation and I
mean that’s going to that that’s going
to get crypto to go up
too and while like um
and obviously
like and like
obviously they’re still the long-term
holders and people will start
accumulating in we don’t have the we we
don’t have the trigger like last time
like we don’t have like um we don’t have
that thing with the the the you know the
free checks from Uncle Sam this time so
it might not start quite as fast but
also like I don’t think it’s going to
come crashing down with like the massive
inflation this time like if you actually
cut if you actually cut like um rates to
zero that’s what you’re going to get
you’re going to get like a big pump and
then a massive dump maybe like a couple
months later because you’re going to
have like inflation go way way up if you
cut rates to
zero Cycle
Theory I actually do still believe in
the fouryear theory I think a I think
the four-year cycle is
basically hard hardwired into a lot of
people’s minds
now I definitely think the fouryear
cycle is like hardw hardwired into a lot
of people’s minds at this point so
you’re not going to really get them off
of it um for
that so I do think like we’re going to
Peak at the start of 2025 I don’t think
we’re going to Peak in
2024 but there will be gains to be made
in 2024 and that’s also Al why I think
altcoins are probably most likely to go
up at the end of 2024 not right now I
think there might be like some go like
they might go up some in July and August
but I think the main pump’s going to be
end of this
year only Theory worth paying attention
to is money go up Theory I mean but
people are trying to figure out when the
money is going to go up but if you’re
talking about individual projects and
which ones buy yeah the money go up
theory is the most important one or the
number go up theory is like the most
important one by
far no matter how many people will not
like that but number go up is like the
most important thing in crypto because
only when your number goes up do you
attract other projects under your chain
if your number doesn’t go up the other
projects are not coming under your chain
they’re just not because they’re not
yeah interest uh do you think crypto
summer will see parabolic moves just I
don’t think it’ll be completely sideways
I think we will actually like move up
some so that’s why I think I would buy
now any thought on lcx for
50x let me take a look at lcx
did perform well this pricewise this
year I think I and J will do well so
yeah I would actually buy
some I do I think it’s going to 50x no I
don’t think I lcx will
50x not a bad project but I wouldn’t I
wouldn’t say it’s going to
50x I mean trading your cardano for Min
Swap and snack is like a risk play that
could work out really bad or really
poorly especially snack like if cardano
gets the liquidity then snack will go
way up if cardano just like continues
being dumb and not getting if Charles
keeps on being dumb and not get
liquidity
then like it’s not going anywhere and
usdm is not going to help it you have to
rely on like
usdc or
usdt hopefully they will get it soon but
obviously I’m not very certain about
that because Charles ego is like not
hard to ple like really hard to satisfy
he doesn’t want to play ball with Jeremy
Aller in circle
thoughts on $30,000 Tesla car nice I
mean it’s actually
affordable I still won’t buy it but it’s
at least
affordable doesn’t Tesla like charg like
a per month subscription or something
like that I heard like Ela and musk
wanted to do that I don’t really know
how people feel about that though and
also like doesn’t Tesla like technically
have control over your car I think they
do right I think Tesla actually has a
control over your
car like cuz like I think Tesla like all
their cars they can actually um just
turn them they can turn their own cars
on and off
right Justa cars best taking time bomb
sit inside
I mean they could technically shut them
off I mean I don’t know why they would
actually do that because that would
cause a lot of
issues but they could technically shut
them off I
guess no but I mean I suppose if they
can identify the car that they’re using
sure dude cxx hobra you ask the same
thing every day I’ve already answered
that question
question also like I don’t think people
are going to use a Tesla car to try to
outrun a police car they have other cars
for
that so I don’t think like Tesla is the
best choice for that option
definitely don’t think Tesla is the best
choice for that
option H bar hitting $2 more likely or
less likely I think it’s less likely I I
I have har bar pinned at a dollar if it
can if har bar reaches a dollar I’ll be
like I think it’ll be a
success H bar only went to 50 cents last
time so it reaching a dollar would
double its all-time high and I think
that would be considered a successful
Bull Run for all H bar I know some
people are thinking like you know tens
of dollars but that’s simply not going
to happen that kind of adoption is not
there and I don’t know if it’ll ever
really be there
heard Toyota run better than
Teslas I mean I think they’re easier to
maintain but I don’t know if they
actually run better Toyota runs
fine yeah I’ve been fishing I mean I
went bike riding today so I didn’t go
fishing today but like um I I’ve been
fishing it’s been it’s been slightly
better
lately I think I I do actually think
Tesla as a stock I don’t know if it’s
going to do super well in the future
because it’s going to face a lot of
competition from other like electric car
manufacturers they’re like not the only
one in the industry but if you actually
want to charge your car they might
actually be the only viable method but I
also don’t know like you know some like
California wants to replace their cars
to all electrical by 2035 that’s just
completely unlikely at this
point I mean I have a YouTube fishing
Chanel Channel I mean like I I do post a
lot of content to
it I mean just based on its sales like
just based on the number of sales they
make Tesla shouldn’t actually be that
valuable but it’s really about their
technology I don’t really care about
Elon honestly but like I said like Tesla
is GNA have a lot more competition
coming in
soon yeah I’m still looking at Min swap
to a dollar I think you’re forgetting
like how fast these coins pump once they
do actually
pump cuz like a lot of the all these
coins literally pumped within the span
of like two or three months between like
December and January of 2020 of 2020 and
2021 I don’t actually think elon’s
really supported by the
government he just got like he just he
has a first mover advantage
he he’s definitely he definitely has a
first mover
advantage in terms of
um in terms of like two market and in
terms of infrastructure and charging
stations he he he absolutely has a first
mover advantage
does the SEC I think they’re going to
try to argue that ethereum is a security
although ethereum has actually struck
first by suing the
SEC which bank you used to cash out I
use be I use beo Harris I haven’t had
any issues they don’t really care if you
transfer money into
them Elon wealthy because of government
subsidies well he’s well I mean he’s
wealthy because of Tesla stock but
realistically he his company was able to
survive because of government
subsidies I mean it’s gone down but it’s
still higher than what it was it just
pumped it just basically pumped way way
too
high it literally pumped like way way
too
high a 30 billion market cap would be
super would be a dollar yeah I think
Cadera can actually reach that
though Rich dude is government subsidies
I mean Tesla would have never gotten big
without government subsidies so he’s
like the last one to actually argue that
he should pay less taxes cuz he’s
directly benefited from those
taxes he absolutely directly benefited
from those taxes more than just about
anyone
else pretty sure Elon incorporates with
the military and lends them AI
progress I don’t really know how much
Tesla has its hands in AI at this
point xrp SEC suit I don’t think it’ll
be over this year there’s two there’s
actually way too much of a difference
between how much the SEC wants and how
much like Ripple wants to pay
no like him knowing that which bank I
use is completely useless to him he
doesn’t know my account
number so that’s not really all that
much of a
thing you have you guys have to realize
like there are some questions that
there’s like there’s certain information
that’s actually that that actually is to
let out and there’s other information
which doesn’t really matter like saying
I use Chase of or Bank of America is not
going to help them hack
me right now they’re the SEC is trying
to sue coinbase because they want to
they want to sue exchanges it’s going to
be really hard for them to go co after
every single coin so they’re just suing
exchanges at this
point yeah but the thing is like with
Chad GPT he sold Chad GPT Microsoft a
long time
ago yes Elon was born into a pretty
wealthy family Rich family as well I
mean obviously that gives him a leg up
on everyone else he’s trying to quash
he’s trying to quash that part of it
though because he wants to be he wants
to everyone to think that he’s
completely
self-made but he was born into a richer
white family in par Hill South Africa so
he definitely had a big big um so he
obviously had like a huge advantage on
everyone
else all electric car but it was shut
down for some reason I don’t really know
I don’t know
why yeah but you remember when but CX
Cobra do you remember who uh Trump gave
us last time he wasn’t any better he was
the one that sued Ripple in the first
place
I think Elon is like I think people care
about Elon like way too much in
crypto I think like I think people care
way too much about in crypto Elon
basically has no bearing in crypto
Tesla’s fun to talk about but Elon
basically has no uh bearing in
crypto it depends if he actually wins
the
election I highly doubt John deon’s
gonna win
like I I highly doubt like John deon’s
gonna win against Elizabeth Warren I
want him to win against Elizabeth Warren
but it’s very unlikely he actually wins
that district is so like is really
really
blue I I feel like for uh I feel like
deedon would have had a much better
chance at the primary than in the
general cuz like trying to win like
against Elizabeth Warren in a deep blue
district is probably just not going to
happen if it was another District that
was a Str swing District he would have a
shot Warren’s a little nervous though
and he’s she’s actually trying to raise
money which is a good sign but I think
his chances are very
low gaming cryptos will gain some good
traction probably yes there’s going to
be a couple of popular
ones but right now it’s like rwa and AI
that’s kind of like taking
command are big bag holders of
BTC yeah they are I
guess but realistically like Elon is n
that relevant in crypto he likes to Make
Some Noise because that’s just the type
of person he is but he like he’s not
that relevant in
crypto there’s still a lot of people
that want to believe that he’s Satoshi
Nakamoto but he’s obviously not Satoshi
Nakamoto Party candidate wins by the way
of double
knockout that would be really
interesting but extremely
unlikely the only way it could happen is
like neither major candidate gains 270
votes then the possibility of a third
party steal becomes like somewhat
real unless he tweets a dog yeah
basically well I mean it’s only relevant
for that one coin though it doesn’t
really do anything to anything
else I’m telling you that sh is doing
something they said they were going to
create a defi Launchpad I hope they do
all that stuff but like they really
really need liquidity to do like to be
successful in any of that stuff I just I
I just want them to figure out that
problem they can figure out that problem
they can figure out everything else they
can legit figure out everything else if
they can figure out that issue
also if it was a third party candidate
that wins it would actually be RFK it
wouldn’t actually be

#crypto #bitcoin #news

DTCC has made a move against Bitcoin?
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ADA

addr1qyp0ap6glhn20zlkrf6kk6elr8up8wtd096s4dtw4dc400fhvw8gqrh7t7jrewqwaj33pzt0e3vuzgukwyrzdp4j8e4qgqeddx

Solana:
EQ6wKcRTWkX1jPTsHEd11VzEmRQXaUpb9FaFEYvbcohL

Vechain
0x41aea376d651d90d53f76ce280c05855db105007

Hbar:

0.0.5076747

Tron

TXJw7F9mZbiXz6EJcpo656BYU7h8mosNEY

ICX

hx52f439bd40bdaa1f13b1a93697d45ad5fa73d36e

Base:
0x8F902AE0156c6693618feDC4f777D8414b3992BB

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