Your Crypto Is NOT Safe (Get Your Coins Off Exchanges NOW)

Added: 2026-05-05

[00:00:01]Exchanges are freaking out because a whole new class of attack vector is coming to crypto. An attack vector which we have not seen before. An attack that is very very important for you to know about and quite likely will be affecting some of the core services here in crypto. You see, in crypto, we've operated on more or less a belief that because things have not been hacked, they are reliable. This is because there's so much financial incentive in making sure that crypto is secure.

[00:00:42]So we assume that if something hasn't been hacked with billions of dollars as the reward for hacking it, for example, Bitcoin's encryption, Ethereum's encryption, most of DeFi's encryptions, these smart contracts, we assume that because these things have been working that they must continue to work. That's part of the underlying assumption that is baked in to the very fabric of crypto, which is that we believe that with so much financial incentive, with so much incentive for these hackers to get value out of crypto, we would already know if these particular protocols were vulnerable. However, what we're finding out what we're finding out is that there are new attack vectors being introduced by AI specifically around Anthropic's new mythos model. So, this new mythos uh model coming to Claude is not even being released because according to Daario and the team over at Enthropic, the model is just simply too powerful and it's going to open up all kinds of attack vectors, right? All kinds of attack vectors. And so for that reason, people are wondering, is it possible? Is it possible that it could actually lead to the full-scale hacking of crypto's most valuable and most critical infrastructure? And so this is not a baseless warning. This is a very serious warning. We are entering into a new era of crypto where it is very possible that some of the core infrastructure that we've relied on for the last 10 maybe even 15 years depending on which chain is going to be under new levels of scrutiny and new levels of attack. Of course you've heard you've heard about quantum you've heard about quantum but what we're seeing now is that there are new attacks happening every single day.

[00:02:30]I see somebody said this is not news. It is clickbait. That is not true. That is not true. Uh and the reason is is because just yesterday Kraken was the subject of being of extortion. Kraken is being extorted by a group of crimical criminals that claim that they have insider information. They're showing screen recordings of videos of uh client information and they're claiming that they want some amount of money in order to not release it. So this is happening in real time. Just this morning, we found out that cow swap, one of the most popular aggregators for trading in all of crypto, has just said to revoke all approvals made on cow swap after 1454 UTC. That's today, right? That's today.

[00:03:12]Uh this is not a hypothetical news b uh newsjacking clickbait. This is very real and this is happening right now. And what happens is what happens is people leave their uh stuff on exchanges. They leave their coins on exchanges. They become complacent because guess what?

[00:03:26]Coinbase has never been hacked. Binance has never been hacked. Actually, Binance did get hacked uh a while ago. I forgot the the circumstances. I think it was 2019. They got hacked. They were able to cover the hole in their balance sheet.

[00:03:37]But these things do happen. Bybit was one time hacked one of its cold storage wallets. This stuff does happen. But there's a lot of complacency because things like ETFs, Coinbase, institutional custody, all of these things have evolved to the point where they are very, very difficult to penetrate. But we are seeing that there is a new level of panic by crypto firms because they don't know what they don't know. And there's a whole new level of technology that could threaten these crypto firms. For example, we just saw a fake ledger live app. This was yesterday or today this news. What was this? The 14th, right? This was today this news was reported that a fake Ledger Live app on Apple's app store apparently drained $9.5 million from 50 victims in just one week. Okay. Uh this is reported for from Zack XPTt and what we can see here is that Booking.com has just been breached.

[00:04:28]Booking nah, Booking. No, that wasn't very good. In the end, Booking.com, Kraken, uh Fake Ledger Live, Cowdo, these are all showing that there is a new level of scrutiny happening and that's because of all kinds of new vectors for attack.

[00:04:50]And as you can see here, these vectors of attack are coming from all kinds of new advancements in AI. For example, this is a tweet that I saw just today that there is a cloud code version where essentially people are able to create fullport scans uh to create hacking, you know, automated hacking, right?

[00:05:10]Automated hacking. Okay. So that's where we are at is that this industry of crypto has the most value to be uh withdrawn and to be uh taken because transactions are non-reversible. You go to PayPal, you go to the bank, they start seeing funny transactions come in.

[00:05:26]They will freeze everything, right? They will freeze everything. When you get to crypto, they can't freeze everything because Bitcoin, Ethereum, most of these transactions are nonreversible. So what can you do? Well, what you should do is very simple, which is you should get your coins um off of exchanges first and foremost. Do not take the risk of someone else holding your keys because if they get hacked, you'll get hacked and they are the targets. You should either focus on hardware wallets or a multi-IG wallet, meaning that you have multiple signatures that need to be uh put in before coins can move. That makes it very hard for hackers to actually steal your coins. So, self-custody through a multi-IG is the best way to do it. There's tons of tutorials on it. Uh, I highly recommend that you check this out. This is not at all clickbait. This is very real that every now and then there are huge, huge pushes for people to get more secure. And this is one of them. This is one of the most important moments I've seen because AI is actually getting to the point where bad actors can do a whole lot more bad acting with a whole lot less effort. And the prize is here in crypto. That's where all the value is. It's right here in cryptoland.

[00:06:33]So do yourself a favor. And if you have coins on exchanges, make a plan. Get a hardware wallet, order it. You can get next day delivery on Amazon on a ledger or a Treor or something like that. And then if you want to get fancy, get three or four of them, set them up, distribute them physically into different places, and create a multi-IG vault. That's the best way to do it. That's the best way to do it. Um, let's go ahead and pop in here.

[00:06:59]What are my thoughts on holding through Fidelity or something similar? So I think my thoughts are that you are still trusting an intermediary. You're still trusting a third party. Now Fidelity will have the top tier of institutional security. They'll have the best practices going for their security. But if Coinbase for some reason has their systems breached and it's like like I said, it's not a guarantee that this will happen, but it's possible this will happen, then it is possible that Fidelity's coins will also be affected.

[00:07:29]It's possible that you could see this happen across the industry. There is no guarantee that any of these systems will be completely safe from new and unproven unknown technologies. We don't know how powerful the new AI technologies are. We don't know how quickly and how powerful quantum computing will arrive and we'll be able to crack encryption. These are the variables that we simply don't have answers to. But for right now, I think keeping your coins on exchanges is an unnecessary risk because exchanges can and do and have already been hacked before all of this new technology is hit. Exchanges have always been the target. So having a tremendous amount of coins on exchanges, I don't think is very wise. I think, you know, I'd imagine you're in the most secure category going through the ETFs, going through, you know, uh, cold storage on Coinbase, but I would say hot Coinbase storage is probably not the ideal place to transact.

[00:08:21]Okay.

[00:08:25]What are my thoughts on Hyperlquid?

[00:08:27]Could it be attacked? Any any protocol could be attacked at this point. I don't have a particular thought on Hyperlquid's vulnerability. Obviously, they're not as decentralized as something like Ethereum or Bitcoin. Um, but again, we we'll actually do a full hacking, you know, crypto vulnerability episode. This is more of just a warning, a news flash to say, "Hey, we're seeing not one but many, many examples of crypto firms panicking of hacks happening across web 2 and web 3." And it's just a very simple push. Get your coins off of exchanges. Don't be a statistic. Don't be the person hoping to get your coins back while everyone else talks about how, you know, they did this or did that to be secure. It's not worth it. It's just not worth it. All right.

[00:09:11]Uh, let's jump in. I'm going to hop into some comments here for a second and then we will hop into the charts themselves.

[00:09:17]So, let me go ahead and pop those up.

[00:09:20]Uh, what's up Florida here? Uh, holding lots of black hole and supernova. Yep.

[00:09:26]We are all praying, brother. We are all hoping that this industry keeps together because in the end, if the industry is strong, volumes will be strong. The industry is weak, volumes will be weak.

[00:09:36]Black Hole, you know, is by far the biggest, most efficient, uh, highest value decks on Avalanche. If Avalanche does well, Black Hole will do well. Um, FTX lessons. Yeah, you definitely want to learn your lessons from FTX. If you don't learn your lessons from FTX, well, you know, we're doomed to repeat history, as they say.

[00:09:58]All righty. I think we got through all the comments. Hardware wallet can be cracked, too. It can in theory, but you know, you're talking about a different series of vulnerabilities. In the end, multi-IG is the safest, having multiple signatures required to unvault coins.

[00:10:15]Um, we'll do a full security review episode. In the end though, we're living through wild and new times. This is a brand new time for society. So, we have to be a little bit humble and also do everything we can do in our power to not be a statistic. That is up to you to do what you can do. You can be forgiven for being for not knowing about what to do in a situation that is new, that is different, that is evolving, but for not doing the basics of hygiene in a situation where you've already known the best practices. Those are mistakes that unfortunately the universe is very cruel to the person who has procrastinated doing the thing they know they should have done for years and years, keeping all that money in a hot wallet, you know, in in uh on their computer where they do everything. and they're downloading all kinds of weird stuff, running AI agents, and you have your hot wallet there. You're asking for trouble.

[00:11:04]You're asking for trouble. So, you can limit the attack vectors by doing the smart thing. Keep your agentic AI workflows off to a different computer.

[00:11:11]Keep your crypto world siloed on a different device if you can. And then also make sure that when you do store your crypto, you're using hardware wallets at least, if not a multi-IG.

[00:11:21]Simple stuff. Okay, let's get on to the charts.

[00:11:26]So today's actually a very exciting day in the ch in the markets because for the first time in a while we've actually gotten above this 744 line. This was the big line. This was the liberation day tariff low from April of 2025. As you can see the first time we tried to get above it really didn't last long. Now what we want to see is not a repeat.

[00:11:47]What we what we want to see is not this just roll over because if this just rolls over that is bad news bears. It's just bad news bears. Let me just make this a little bit just tighter so you can see it. Um, again, if we deviate above and come back down, which is what we're doing right now, um, it's not good, but it actually doesn't seem to be giving in. It doesn't seem to be sort of like falling yet. So, there's still hope here that this could just be some choppiness getting above this level.

[00:12:15]But, I will say that this isn't strength strength, right? Like when you get above the level and then reject and then get above it and then reject and then get above it and then reject, you're not being given a clear signal by the market that hey, oh yeah, there's so much bullishness. People are just buying, buying, buying. There are bullish narratives in the market and there are reasons to be excited short-term about this rally. Obviously, you guys know that I believe we will still see another leg lower eventually because that's how all the other bare markets have played out. And the last bull market played out the way all the other bull markets have played out, at least on Bitcoin, not for the altcoins. So, for right now, just if you're going to go by history, it looks similar to other markets. Um, and if you just zoom out a little bit, what you'll see is that, you know, it doesn't look too different. Uh, it doesn't look too different from above, right? It doesn't look too different from this chop that we had right before we broke up into the 94K range. Let me just get this out of the way. So, this whole segment uh right here doesn't look crazy different from, you know, what we're seeing over here.

[00:13:18]Like this and this look very very similar to me. Um and what we're seeing is that the the best bull case that we can put out here, the best bull case is that we deviated once here and then just went to Hades. We had one pop above and then everything just went down, which I think was a lot less than a lot of people thought. I think a lot of people thought that this whole range would be a little bit more stubborn above 944, but what we got here was not that. It just completely collapsed. And what we're seeing here is that at least we deviated and then we came back up and now we're making another trip up. That is, my friends, something positive. We should celebrate that. Absolutely, we should celebrate that because if we do durably get above this, there's not a lot of price action here in the 70s. you know, we could easily get up here into the 80s without much effort and that would be a very welcome change for Bitcoin. Uh, and we'll start getting some real conversations about whether we have seen the lows of the bare market. That's what will happen up here in the 80s, right?

[00:14:13]And that's actually exciting because now you can see people genuinely licking their lips saying, "hm, should I start reallocating? Should I start buying more? Did I miss it?" Those are the emotions that drive people to buy and buy and buy. Um, and so we need better narratives here right now in cryptoland because right now the narrative is Michael Sailor, Michael Sailor, Michael Sailor. Um, but there's still a lot of uncertainty. I will say that this is good news though, but we do we do not want to see this just be another deviation wick as of right now. Looks kind of nasty. Looks kind of nasty. Not significant, but if it keeps going, I'd be very confident we make it up at least up into the mid 80s. sort of that 848 85 target would be where I've been actually expecting for this rally to go the whole time. So, I'm I personally would like to see that um for a lot of reasons. Uh but also this would be really nasty if it doesn't do that. If it just rejects here and goes down, it's it's very very nasty. Uh we don't know yet, which is why we haven't been doing any assumptions on this channel. This has just been a bunch of diabolical chop. Uh some people have made money. I've talked to a lot of purpose traders. Most of the perpetrators I know have lost a lot of money getting chopped up. false breakouts, false breakdowns. That's the the horrible part about this kind of chop is that there's not really a clear direction. Some people make money. I've seen some people make uh make money one day, lose a lot the next day. It's just very hard because there's no consistent trend here in crypto to bet on. That being said, stocks are absolutely bananas. Uh look at this. Look at this.

[00:15:35]Almost to 7,000 again, the S&P 500.

[00:15:38]Absolutely monstrous. Look at this eagle. This bald eagle gap uh from when we started hearing that the war was over. What's very interesting is that we actually are hearing that the war is far from over now and yet stocks keep ripping which makes me wonder is this is this a reliable rally or is this just a liquidity grab near the highs allowing for more firms to get their book back on side? Is this the production uh excitement from AI? The true excitement about the productivity boom that we're entering into because of AI. There's just a lot of uh interesting factors here which is why it's so hard to predict the macro. Um that being said, um undeniably S&P has shown insane strength. Insane strength from the lows here now up over 10%. Yeah, 10.27% from just a few days ago here at the lows. Uh insane cook by the S&P. Uh that being said, there are some really important charts I wanted to pull out here, which is IGV. IGV has been absolutely getting obliterated over the last just the same with Bitcoin. The same with Bitcoin.

[00:16:41]This is the expanded tech software ETF.

[00:16:44]This is essentially all software. And since really Claude Opus came in and people started realizing, oh my god, this is going to automate a lot of work.

[00:16:51]It's down uh a stunning 32%. It's pretty much on par with Bitcoin as far as how much it's down. Let's see what the actual percent differences are. About 40% for Bitcoin. Um but IGV has been absolutely getting obliterated day after day and the trend is is pretty nasty.

[00:17:07]Um, so this to me represents essentially the inverse bet on AI, right? If AI is going to effectively commoditize software, then IGV should continue to go down in theory. Um, unless it's waiting, I I actually don't know all of the companies in IGV, but if it has companies like um Google or Tesla or um any of the AI bets, then it could buoy it a little bit. But essentially AI is, you know, having a full-scale assault on software. That's because the advancements around AI are both good and scary, but they are extremely scary for people whose entire enterprise relies on the value of a few software features.

[00:17:47]But let's get to the fun stuff. Um, crypto altcoins. Apparently, we have a new gift coming from Mr. X, Nikita Beer, who runs the Twitter product now under Elon. He's been making all kinds of changes, some good, some bad, some controversial, but he came out and he said, "Crypto has had a tough year.

[00:18:05]Maybe we should launch something to fix it." Fix it. He's going to launch something to make crypto go 100x because that's the only thing that would fix it, my friend. The prices are the problem.

[00:18:16]It's not the infra, but it does smell it does smell a bit like a product launch here. If you're going to be really honest, this smells like something that, you know, an influencer in crypto would say right before they come out and announce a new project, right? This is exactly the type of speak that you'd see from some kind of uh, you know, big content creator in crypto and then they reveal, oh, I've been working on this uh, new DAP, new new project. This is undoubtedly related to X money. This is undoubtedly related to what Elon wants to do with his ambitions to turn X into a financial layer and obviously crypto is the most natural fit for that because it offers so much design space. Um, and it's extremely extremely Twitter native.

[00:19:00]So, this is a huge opportunity. It's also international. I have no doubt that we will see some huge crypto features coming to X. I'm curious what you guys think they might be. My guess is at least stable coin transfers within X, stablecoin tipping, stablecoin subscriptions, some kind of frictionless stable coin payment infrastructure. That would be my first guess. Next guess would be that you could actually start to follow people and their trades right through X, like automatically agentically hailing people in trades, letting X creators actually set up and run trading strategies that other people could copy and having those root through to your actual brokerages or route through to onchain uh facilities. That's what I would see as being really really useful features for them to add to X.

[00:19:44]Can they add some social trading experience to the Town Square, the real-time social app? Can they add some actual financial use cases where you can take what's happening on Twitter and actually have it come to life in your portfolio? That would be the holy grail of bringing, and I'm sure Elon has already thought about this. He's a smart guy last time I checked. But understanding that hey, if the information that people are using to trade off of is on on X, then wouldn't it make sense to allow for agentic infrastructure to automatically take actions based on that information in real time right through the platform and for X to capture some of those fees. If that happens, X is wildly undervalued. X is wildly undervalued because it could start capturing a monstrous amount of fee revenue. Um, and you know, pro pretty pretty much everything in crypto could then plug in to this social layer that is X. It would be be very interesting actually. Very interesting.

[00:20:43]Uh, we can see here VU says CA as if he's dropping a memecoin. That's pretty funny. Anyway, I'm curious what you guys think. I'm actually going to chat about this in in the in the chat for a second.

[00:20:51]I gave stablecoin lecture today doing my taxes at H&R Block.

[00:20:56]Bottom is in on alts. Believe for BTC as well. Yeah, let's check in on some alts because it it is pretty crazy some of these charts like especially some of the memecoin charts. Um, somebody was shilling me. What was this? Um, and I'm not telling you to buy any of these right now. Uh, it's it's just gambling.

[00:21:12]So, if you buy these, you're going to lose all your money. That being said, uh, charts like this do start to feel like, okay, well, it's down what, 99% probably. So, it's down 91%.

[00:21:25]Um, and it's just going sideways now since uh February. So, it feels like the the damage might at least be slightly, you know, close to its end, right? We might be close to the end of the damage.

[00:21:36]Something like this. Um, let's bring up some of the other uh beloved trash coins of the memecoin sector.

[00:21:44]Where is it? Oh, here we go. Doge. Doge also going sideways here for a while.

[00:21:49]Right near the bottom of it 1010 wick.

[00:21:52]Um, no, this one's still going down. Pangu, Pangu looks pretty good. Pangu looks good. Let's see. Uh, they seem to have bottomed out near the bottom, almost exactly at the bottom of their 1010 wick. Those 1010 wicks really seem to indicate the bottom of where liquidity was for a lot of coins. Um, you can see that it started to grind sideways and up. So, maybe Pangu is getting set up for another leg if we get this leg higher in the markets. Pepe doing something similar. So yeah, you kind of want to look at those 10 10 wicks and say, okay, does have they ended up holding it and are they grinding sideways? Because the RNR there is okay, well, if it goes below the 10-10 wick, just cut the trade. But if it goes, you know, you're kind of near a decent risk mitigated entry, right? Where you could say, okay, just for example, say Pepe is a coin you're interested in. I'm not saying to do this right now. I'm just saying this is a theoretical way to view a trade is you take a uh a long position from here knowing that your invalidation is the bottom of the 1010 wick. So 20% down which is not not really you want them tighter than that, right? Um and then you you know it's not a it's not a perfect trade. What is it? Your riskreward is like 4.7. Um anyway, just just an idea. I think some of these meme coins are just at super lows here. And if the market does move up, if Bitcoin does reclaim this range, right, if we do get up into the 80s here, I think a lot of these memes will bounce, you know, um because essentially what people are looking at is memes. They're looking at, you know, I know a lot of people been talking about the fartcoin sort of putting in some kind of trying to put in a bottom here. Um and then people are looking at the AI coins. So you pretty much have AI coins and then you have memes are kind of like the the bounciest part of the of the market along with hype and aster and um the the perexes.

[00:23:37]So uh when we look at actual coins uh one kind of sticks out which is Monad.

[00:23:42]Monad obviously had one of the worst launches. It went down from was this uh 5 cents all the way down to a penny. Um, but then it did put in this like grinding structure where while everything kept tanking, it just started grinding its way up and now you can see it's kind of pushing its way up. I would say that I'd be shocked if it made new highs. Um, some of these new launch coins can tend to do this. Like if you remember Pangu did this uh right at the beginning. Um, it put in that uh that crazy launch price. Did it does it not want to show here? Yeah, it put in this crazy launch price and then it went down, grinded its way back up, exploded back up, and then as soon as it hit that launch price again, just faded. So, you know, let's just see if that plays out again. Uh, I would not be shocked if Monad has some kind of similar price action where it goes up, hits 5 cents here, and then goes down. What was it actually? Hudgy Penguins was 5 cents, too, I think.

[00:24:39]Yeah, similar pricing uh per coin. Um, at any rate, uh, I am an investor in Monad. invested in their seed round like or their series A round whatever uh what was it 2 3 years ago. Uh still haven't gotten any coins. Uh when the coins do unlock a lot of people in this industry have monad so they will probably be selling so it will create selling pressure eventually. Uh but for now I think it's still maybe another 6 months until that. Actually they have a token unlock section. Let's go check that out.

[00:25:05]Um the seed sale or the the early investors start unlocking in November. November 26th. So yeah, that's when you'll start seeing some more pressure on Monad. So just keep that in mind. But for now, it's one of the best charts in the business. Uh if we see here over the last 7 days, Monad Venice token. Now Venice is interesting because they let you run uh private AI models.

[00:25:31]And as we start to get deeper and deeper into the AI thing, um, as you get deeper and deeper into the whole AI revolution, privacy is becoming a real concern because people are realizing, hey, you know, we're given a lot of information to these AIs. We're trying to entrust them with our life to automate things and the privacy is start you're starting to think, oh, wow, this thing knows a lot about me. So that's the uh that's the benefit of something like Venice is they at least claim to not store any user information. So, it doing a nice move over the last week or so doesn't surprise me. And then you have Zcash.

[00:26:02]These are just like Zcash was just one of the hottest coins of the last cycle.

[00:26:06]I do think there's a future for Zcash, but I think that something like Zcash only goes up like infinitely once you start seeing real clampdowns on like wealth taxes and wealth seizures. I think that would drive stuff absolutely wild. Uh, and then everything else is fairly similar. Um, but the big standouts are Monad and then of course this Rave Dow thing, which let's not talk about that. That seems like uh another unfortunately very low quality move here by Binance to list this. Anyway, it goes from what uh market cap of 6 million up to 3.8 billion.

[00:26:42]It's just whatever, dude. Okay. State of the industry. State of the industry is a bit bleak like that because it would be one thing if we were saying, "Oh, right.

[00:26:51]We're in a bare market. Everyone needs to be on their best behavior, right?"

[00:26:54]But that's not what's happening. We're not getting our best behavior. We're just getting sometimes worse and worse behavior out of the key leaders in the industry, which which kind of makes you feel like you're getting kicked in the stomach when you're when you're rolling on the floor after you already got beat up. Um, speaking of bad behavior, let's get into some drama. Let's talk drama.

[00:27:09]Okay, his excellency Justin Sun has fired shots at World Liberty F. I don't know if you guys know this whole story, but it's kind of insane. So, uh, what Justin is saying is effectively the World Liberty Fi team has frozen his assets and saying that they created a secret backdoor to control user assets and that they freeze investor funds without disclosure or due process and treat the crypto community as a personal ATM. Okay, so this comes on the heels of the actual world liberty account saying, "Does anyone still believe Justin Sun?

[00:27:43]Justin's favorite move is playing the victim while making baseless allegations to cover his own misconduct. So Justin's saying that they froze his funds and they're saying, "Who believes this guy?"

[00:27:52]Now, what I found kind of crazy was you also had uh an insider for World Liberty coming out and saying that they actually borrowed um they maxed out the usage rate of a borrowing pool against World Liberty Fi tokens, effectively taking $50 million or so. They're about um I'm not sure if I remember. though allegedly on all this um they took out something like $50 million borrowed against the World Liberty Fi token. So, uh Coffeezilla just did a crazy episode on this um much more in depth than this, but there's all kinds of drama going around the world liberty project. You're seeing uh tokens like Raved Dow get listed on Binance and then go from 6 million market cap to 3.6 billion.

[00:28:36]What's What's that? What's that? Uh 3.6 6 billion divided by 6 million. Let's see what this is. 600x 600x, right? So, unfortunately, that's the state of affairs right now is that we, if we want to see the industry heal, need to start seeing the best and brightest lead the industry. We not we need to start seeing amazing behavior at the top. And things like what we're seeing today, uh, they don't always lend us to be that excited about the actual conduct happening by the industry leaders. That's not to say that everyone is a bad actor. That's not true at all.

[00:29:13]There's mostly good actors at the top.

[00:29:15]But stuff like this doesn't help, especially when the industry is struggling for credibility. There's a really big credibility issue with crypto. And that to me is the number one thing that's holding back high prices.

[00:29:27]Crypto is the most perfect venue for speculation, capital formation, and actually getting things from zero to one off the ground. It's an incred it's almost a work of art the way crypto functions and money legos function. DeFi is beautiful. That being said, uh there's a credibility issue and that people don't want to buy tokens if they don't believe that their money is going into something secure and reputable. And so that is the healing that needs to take place. A lot of people are asking when is the next alt season? Well, the next real alt season will happen when normal people, people outside of our little bubble decide that they are actually excited to buy this stuff. And in order to do that, it's a reputation thing more than anything. It's a a branding thing. And the branding right now of crypto does not get helped by things like raved, by things like the world liberty fi accusations that are happening right now. It just doesn't get helped by any of this. And quite frankly, um, in retrospect, if we don't get the Clarity Act passed, if we don't get all of these firm crypto legislations passed, this administration's mark on crypto will be overwhelmingly negative instead of positive because of the accumulation of things like Trumpcoin, Melaniacoin, World Liberty FI, and you name it. If they are able to get the legislations passed, then it would be more of like a quidd proquo thing where the industry knew it was getting taken advantage of in ways. The industry knew that, but there was a a quid proquo. There was a trade-off. It's like the hot girl that sleeps with her boss knowing she's going to get a promotion, but she got to do some things. She got to do some things.

[00:31:02]Okay, that's how it goes. And that's kind of how it felt here with the Trump admin and crypto is that, you know, they're they're having their way with the industry, but the industry has to get something out of it or else this will have been uh a very very negative chapter in my opinion. And I think that's not helping the uh the optics.

[00:31:21]All right, moving along because we have coming in Kevin Worsh, which is I mean he's a he's a bear. He's a he's a hawk.

[00:31:29]That's not true. He's not a bear. Uh he's a hawk. All right. Which animal is he? Um, so this guy Kevin Walsh, mind you, uh, has made a lot of speeches here. He's he's done a lot of content about how he believes that effectively QE is robbing. It's reverse Robin Hood where you're robbing the poor and giving to the rich. And he said this very clearly. What we don't know is how Kevin Worsh really thinks about this situation today where you have, you know, stocks obviously doing well. You have this need to onshore. You have a lot of financing of very important and very expensive projects, the building out of AI data centers, the onshoring of labor in theory to bring American workers back to the the forefront of uh industrial production and manufacturing. You have a tremendous amount of rebalancing of global trade. and yet you have working people really struggling. So the question is what is he going to do? What is he going to do? Because it doesn't feel like he's a very big supporter of the idea that liquidity from the Fed will be there to backs stop things. We don't know if there's a Fed put, right?

[00:32:36]Which means that there very well might be a a fear move, a fear move in markets while we figure out what this guy Kevin Walsh is really about. In fact, his first few words on the podium as Fed chair are going to be some of the most important words ever spoken by any human about markets ever because we're going to start to really understand what is this guy going to do. The fact is he wants lower rates, but that's not enough. Like him voting for lower rates is not what the markets want to see.

[00:33:03]They want to see that hey, if you know what hits the fan, are you going to be there? Are you going to step in? Are you going to save the day? Are you going to press the big button that says fix it?

[00:33:12]Now, we generally think that they will because there has to be some fix. You can't let social security just completely run out. You can't let states go bankrupt. You can't let the banks go under completely. There are limits. Um but the question is what will he do? We don't know. And markets will react emotionally. So this is coming up. And what I do worry about is you have, if I may say here, you have the makings of a very textbook bare market rally here, right? where you have, you know, a big collapse, then you grind your way up, then a big collapse, then you grind your way up, then do we have another collapse, or is that it, right? We don't know. We don't know. But you have this grind up into a moment in May, right?

[00:33:53]Where Kevin Worsh is about to take the helm. And if you guys have never heard the saying, sell in May and go away, that's a saying because usually the big money managers are away for the summer.

[00:34:04]They like their summers. Who can blame them? Best time of the year, my opinion.

[00:34:08]However, sell and may go away is a typical performance for stocks and for assets because the big money managers usually de-risk into the summer. They're just not as active. Um, that's at least the conventional wisdom. And so, are we going to be rallying up into a sell and may go away moment? I don't know. right as Kevin Walsh takes over. I would say my gut says that we would want to have a cautionary view of what happens at least for the few days, the first few weeks of Kevin Worsh's um tenure as the Fed, right? You'll want to have a very very um I guess just where is it? You want to have a humble approach and a defensive approach, meaning have some cash, have some have a more balanced approach to your market. Don't be yolo long. Have a split strategy saying, "Hey, if this guy comes out swinging, then markets may take a tumble and he might not care."

[00:35:04]Right? So, that's the that's the guy we're dealing with and that's the moment we're in. And so while we have this sort of back and forth over Iran, which as far as I know, the peace talks fell through, I stopped following it. I stopped following it because the the actual news and the charts have almost not moved at all in in lock step. I'm going to do this on a video coming up where I'm going to show you the the news articles that have come out and the way the charts have reacted because they have not been reacting uh in in the way that you would expect, right? Uh, and to me, this extreme push up as the war gets validated that this isn't ending, right?

[00:35:38]We we've heard that the peace talks fell through. We've heard that the strait is not open. We've heard that they're now adding tariffs and stuff in ways that we've never seen before. This is getting worse so far and yet the markets are doing this. So, it's very unclear where things are at. Did we just reach peak uncertainty here? Was this peak uncertainty? Was this the buy the invasion? Was this, you know, the the classic, you know, they say buy the invasion?

[00:36:05]Uh, was that this was that what this was? And now we just, you know, charge our way up. Have you seen I don't know if you've seen this, but like this is the chart since the uh the Middle East conflict started a few years ago. So maybe it's just possible. Maybe that's what'll happen, right? Um anyway, uh conflicts tend to be good for markets, but right now it just doesn't feel like with the spike in oil, it would be good for markets. Anyway, that's my two cents. Again, there's no need to actually guess about any of this. We still haven't broken out of this range. Remember, I've been saying, what are we waiting for? A break of the range. And to me, 74 isn't even the range. It's really 81, 82 that you could say, okay, that is an interesting and significant break of the range because we had this major low. Remember, we had this major low from uh November that we put in from uh the first collapse and when we lost it, we haven't even made it like 50% of the way up. This is uh objectively if you look at this low as the last major low, right? And then we came down here to 60. We didn't even make it up anywhere close to this. Like usually markets will go and kind of revisit and then kind of drop. Didn't do anything like that. Didn't do anything like that. So, it's still quite weak Bitcoin in my opinion. Um, that being said, we're gonna hop over and do some AI news because I'm running out of time today. Um, I'm gonna start streaming more often. Don't worry guys, we're going to be getting way back into it.

[00:37:39]All right, we just heard that Anthropic is releasing Opus 4.7. I don't know if it's being described as an AI design tool, but if it is going to increase the design, I personally find that Claude is actually pretty ass when it comes to design. So, that would be really great because I'm usually having to design things across many other pieces of software and generators whether actually Grock Imagine is phenomenal for just right off the cuff image generation, especially for humans or mockups or product. Um, and then Google is phenomenal. But then you take all that and you go into like Higsfield, you use Cance, you use uh Cling, and you can get some extreme magic out of these image generators. That being said, it would be really nice to have the thing that's running your coding, which is Opus, actually be good at design because then it could just be in one sort of fell swoop, you could just say, "Hey, make it prettier or make it better. Do this design, you know, here's a style. Mimic it." And Cloud is really good for coding. It's good for decision-m. It's good for taste, but it just isn't good for design. And so this would be absolutely monstrous if uh Opus 4.7 uh ends up being just natively better at design. Again, this is not the uh the Mythos model that they've promised. This is just a step change in Opus itself. So I don't I'm pretty excited about this.

[00:38:58]And then we finally have it. We have research preview which is routines in cloud code. So this was the holy grail which is effectively you can now configure uh a routine meaning uh you could have a whole series of actions skills and things that you trigger automatically and recurring here in claude. This was one of the biggest most valuable things from openclaw right openclaw allowed you to build your agent and build a whole set of instructions around it a harness so that it automatically triggered stuff from the LLM. Now they built all these features right into cloud and you can even run it on the web infrastructure right so you don't need to have a computer open you don't need to have a Mac mini you don't have need to have a separate device you can just trigger these to run all the time in claude I've never seen anything like anthropic I'm simultaneously completely completely scared I'm frightened about what it could do to society and on the other hand I am just so excited to play with the toolkit every single day it feels like magic it feels like you're playing with magic that's what AI feels like. And so it's kind of like a tale of two cities where either you're on the optimist side where you're like, "Hey, I'm going to use these tools to be a better version of myself and to do even more work and to become the best version of me I can be."

[00:40:11]Or you're on the other side going, "Oh my god, this is so disruptive to our way of life and to what we know as to how the world works that everything's going to be much more everything's just going to be horrible." Personally, I think that you have to have both thoughts in your head at once, which is you have to understand this is horrible. Most people find this horrendous and atrocious. the idea of these machines replacing humans.

[00:40:33]And on the other side, you have probably about two years to use these tools to make a lot of money on the internet before the moat kind of vanishes. And I think that there's an opportunity we should all be looking into, which is these tools are not dumb. They are amazing and there are a ton of ways you can use them for your businesses and for yourself and for your life. Um, even if it's not for making money, you can become better at tracking calories in your workouts and making things work for you, finding different ways to learn.

[00:41:01]Um, but yeah, I'm I'm just completely over the top uh impressed by Claude and and this just is the nail in the coffin in OpenClaw.

[00:41:11]I thought this was hilarious. Merkos's anthropic mythos marketing is so goated.

[00:41:15]Imagine we marketed crypto this way. I hate a de I have a developed blockchain that is so good at facilitating crime and getting people addicted to gambling that we are only going to distribute the tokens to the team for now.

[00:41:26]It's hilarious.

[00:41:29]Um and then Chrome obviously we know that uh Google has been a little bit on the back foot here. Gemini is really good but it's not on the level of the automations and the agentic workflows.

[00:41:40]That's the biggest thing is the agentic workflows. You don't just want to ask the AI to do stuff. You want an agent doing stuff with the AI for you based on instructions. That's what a co-worker versus a, you know, essentially a better Google search looks like. Okay. So, what they're doing is skills now, which is a new way to build one-click workflows from your uh from your most frequented AI prompts. What I like about Gemini is it's Google native, so you don't have to connect your Gmail to claude or something like that, which introduces the potential for data leakage and potentially that introduces a hacking vector. Whereas Google being connected within Google to me is more secure.

[00:42:16]Maybe another researcher can tell me whether or not it is. But I'd like for Google itself to triage my emails and allow for me to, you know, clear out my box, assess and and address key important emails, etc. So, this is something that I am very excited about.

[00:42:32]And this was a layer of analysis that I really liked, which is that Google added one feature that Enthropic doesn't have, which is you set a goal, it browses the web, digs through your Gmail, checks your calendar, pulls from drive, and then executes the full task. So this is what I was saying. It's all about context with AI, meaning a lot of people don't understand how to give it the framework to be successful. Now, I've been experimenting with something called a second brain. And actually Miles Deutscher made an amazing uh tutorial on this which I followed and I built my own second brain with something called Obsidian. And since doing that, the results I get from AI are staggeringly better because you're not having to give it all this information every single time. You can give it access to a Wikipedia of everything that you know, that you value, that you think about, that you have thought that is relevant to your work or to your to your life and to the things you want to know about.

[00:43:23]And then it queries through all that information. and it puts that before it gives you a results. When you ask something, it goes through your knowledge base and then it gives you the result. Meaning that if you uh like hate if you hate seafood, it would have that in your Wikipedia. So, you can say, "Hey, find a reservation for me and my wife tonight." And it'll go through your knowledge base and it knows you hate seafood. It knows you hated that one Italian place and that you that it sucks. It knows that you don't like the traffic going to that part of the city at this point at this time of night. So it will just have all that information in and it'll output a result that doesn't make you go, you know, I hate that. That's the big thing. This is the huge unlock is that grows with you. And so this is another way to get context and to get information into the AI so that the outputs are dramatically better. This is one of the biggest things that we could see happen and I'm personally very excited to see this uh to see this feature in action. I also found this to be absolutely insane. Meta is now a bigger advertiser than Google and I think it has everything to do with AI slop. Uh AI has increased reals watch time because AI content is way better now. It's way more entertaining and for advertisers your ability to make entertaining ads that convert well.

[00:44:36]Targeting people on Facebook with AI slop is worth way more than targeting people on Google. So, this is just an insane cook from Zuck who, you know, just shows you can do the same thing over and over again for 20 25 years and have your best results in the 25th year.

[00:44:52]Absolutely crazy.

[00:44:55]Um, we'll do some some biotech stuff in a while, but the the biotech stuff is going absolutely insane. Uh, this is one of the industries that's going to be most benefited from AI. Uh, I couldn't be more excited about it. Uh and before we go, we just wanted to have a huge shout out to our sponsor Jupiter. They are doing these card packs uh where you can trade on pretocks and if you do so uh in ultra mode, every $2,000 of volume earns you a pack to rip. Everybody likes ripping cards. I've been really into the TCG stuff lately. Uh it's actually wild how much fun it is to interact with the cardboard. I don't know if you guys are do any TCG stuff. I thought it was way too nerdy at first, but now seeing the 50 millionth time that Pokemon has gone on an insane run. I think this is a market that will be with us for a very long time and I think that this is a brilliant move by Jupiter. It taps into the sort of gambling mechanic and it rewards its users. Again, love Jupiter.

[00:45:48]One of the hardest shipping, fastest shipping teams in all of DeFi and crypto. So, shout out to them and thank you for sponsoring this episode.

[00:45:57]All right, guys. If you could go ahead and give this a like and a retweet. It's been tough going here on the AOS. We appreciate you helping getting the word out there. Please, if you enjoyed this video, please smash the like button and subscribe. We're going to be doing a ton more live streams. Uh, it's going to get a lot better from here on out. The suit is just the first upgra upgrade in the branding. We're going to have a whole new visual suite for you guys. Uh, so please do me a favor. Smash that like button. I appreciate you guys sticking with it during the bearer. Get your coins off those exchanges and I'll see you very soon on the next episode.