The analysis provides a necessary macro-structural perspective, distinguishing between superficial regulatory milestones and the actual liquidity required for sustained growth. It effectively strips away speculative noise to highlight the sobering reality of institutional adoption.
Deep Dive
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Deep Dive
XRP XLM HBAR MARKET IS WAKING UPAdded:
Brad Garlinghouse breaks his silence.
We're going to talk about HAR making the move. US Iran is the way the crypto goes and stellar fans. You're still deep in the green with what? Other things starting to pop a little bit more hype is back above $60, but Bitcoin's at 73531. ETH is I say lots of naughty things. So, here's your warning. XLM's at 21.2 cents. H, like I said, in the green as well. Yeah, there are things in the red, but come on. And I'm trying to be optimistic. Leave me the hell alone here. All right. Now, what's the volume like? Cuz that started improving a little bit. We're up 22% to 105 billion in the last 24 hours. We'd still like to see the market more around that 150 billion mark. I think that's when things really get spicy volume wise when people are excited. But at least some stuff is moving. Like H bar. That's right. A low of like what 8.2 2 now up to 9.1 just started making the turn here. And what's interesting about this is this appears to be out of nowhere'sville. The stellar XLM news at least had kind of a correlation to it. And speaking of, I've got this. It's all linked for everyone in the description below. The DTCC and Stellar hype check. Stellar does not mean XLM. The clickbait headlines are screaming that the clearing giant DTCC tap Stellar for tokenized securities.
But don't let the influencers deceive you. Wall Street is adopting the blockchain network rails. They are not buying the XLM token. This does nothing for XLM and the price pump right now is based on this deceptive speculative buying from naive retail. XLM is nothing but cheap gas with no resource staking model to create deflation holding pressure. Huh. Interesting. Is it because you're trying to pump this because you finished it with Proton and you've got the Proton logo and you're a Proton fanatic. So, the reality is is you're just trying to rip on stuff right now to show your bags like your own [ __ ] Okay, I got it. So, you got to pay attention to that [ __ ] Blue check mark don't mean jack crap. And remember the author. The author always kind of gives it away. That way you could track if someone's bullshitting you're not.
Guy Kemp says, "Oh my gosh, you can carry a tune. Let's go out for karaoke and cocktails some night." Well, I can't drink now, kinder. Appreciate the invite, but as soon as race season is over, I can get back to having a little bit more fun. But no, I will not be eating the chocolate that I demolished in the other video. Did you catch that?
Now, SpaceX IPO, pretty much the same thing, right? Kind of falls in that tech purvey. So, guess what? Maybe pulling a little bit of oomph out of crypto. But see, the US Iran escalation shakes crypto as BTC ETF Alpha Zep. And why? Because the uncertainty is going on for longer. And markets like stability. Markets like to look forward going, "Oh, there's not a big freaking keg about to blow up in the Middle East." No, I was I thought about doing the sound effect and I was like, "Nope, let's [ __ ] reel that one in."
So, the markets here are getting upset now more so with the time frame of this, with the lack of a finality, right?
Because if oil is going to stay higher for longer again, the markets have to price in the fact that inflation's going to be here. And what the macro suck? We might have to raise rates. US Iran tension spark major crypto soft BTC and Ethereum drop sharply. Trump said no country would be allowed to control the straight of moose calls it international waters and promises the US would watch over it. Um, then wouldn't the US be the ones that control it? That's just just throwing it out there. Maybe get a coalition of peeps out there. Like if it's international, you're telling me there's no other [ __ ] country that really kind of like needs to worry about this right now. I mean, there's people like China that get a lot of oil from there. Where's the Chinese? Just throwing it out there. Uh, he calls international waters and promises he would watch over. Hours later, US forces carried out strikes on Iranian military targets after Iranian drones were launched toward a commercial ship near the straight. A US official says central command shot down one, I'm sorry, shot down four one-way attack drones and also struck a drone launching. Okay, this is just going on for longer. That's the synopsis of that. And because of that, things are shaky because Clarity Act odds kind of suck right now. They're down to 56%, right? We're kind of in a little bit range around clarity. Nothing too nothing too crazy, right? The swing has been kind of manageable. The world is what? Pricing crypto the way it sees it. XLM DTCC news. Will it last? Who knows? Everything's been playing pump and dump. But some authors are, remember, trying to pump their own bags.
Okay. Okay. Okay. Now, let's keep learning because Brad Garlinghouse said this and I'm going to share this with you. It's linked to where everyone all in the description below. Let's do another comment. Why you the viewer matter most? R. Schmidt says, "Wonderful Wednesday." Well, now it's Thursday.
Thursday. I hope the bike shop didn't take both an arm and a leg. Nope. I got them both. I went out riding today. It was actually not bad at all and they're very pleasant people. Speed Bicycles in Anderson. If you're in the upstate of South Carolina, they do really good freaking work. That is Speed Bicycles in the upstate. No, I'm not affiliated with them. No, I'm not sponsored by them.
They just do really good work and their communication is [ __ ] awesome. See, if you do good work, I plug you. Brad Garlinghouse says this. The anti-crypto army was defeated by the courts, by the voters, and by Trump. It never made policy legal or political sense.
Combating financial innovation only helped protect those that wanted to keep an old, often broken system in place.
Yeah, the banks have been fighting it all along. But I got to be honest with you though, Brad, we still don't have a Clarity Act. And that's a win for the banks, right? Because they're able to, you know, impose their will because they also control what? Well, we've seen Congress. We've seen the fights. We've seen the Warren out there pushing against the banks, the Brad Shermanators. Crypto is Trump. Trump is crypto. No, it's not. You're taking dirty shots that make no sense and throwing an industry under the bus. So proc crypto Democrats that are in Sherman's voting district, maybe you vote against him because you're like, "Whoa, dude, you're throwing us under the bus for what?" So you can gain the anti-Trump crypto vote. Come on, man.
Like that's not cool. Senator Awesome Brooks, I'm stealing that from one of y'all that sent me a comment. Senator Also Brooks, she was like, "Yo, my kid said that crypto is the future." She's like, "I've done my research. It is the future." She's a big-time Democrat and she's like, "Look, I'm crossing ranks, but are enough people crossing ranks and is crypto a big enough thing to worry about voting about this session around?"
Garling House is basically saying the anti-crypto army was defeated. I still got to say we're fighting the fight because we still don't have the regs. If we really defeated him, don't you think we'd maybe have a little bit more green errone on the screen? just a little bit more than Bitcoin at 73 and BNB at 641.
Like, you get what I'm saying? Even XLM at 21 cents isn't really melting faces.
Let let me share with you. And this is this is not a dig at XLM holders. This is just something where you got to make sure you zoom out, right? You got to put things into perspective. You go out to the one year and you're like, [ __ ] what this this just erases the damage all the way up here to like late January. That doesn't put us back to where we were in November, where in November we were at what? 30 cents.
Back here we were at 40 cents in October, 45 cents, 49 cents. Back here in July.
See, zoom out. Speaking of, do the same thing with HAR. Zoom out to the one year and you're like, "Oh, we were like 25 cents in July of last year." And when the ETFs launched in October and we had that massive pumperoni and dumperoni, I was out in Guatemala when it happened.
We were hanging out at 21 cents and then we just pissed it all down our legs. So yeah, I get you're declaring victory, but it's kind of like declaring victory in the Middle East. You still don't have control. It's gone longer on than we thought it would. And whether I'm talking about the straight of hormuz or the [ __ ] clarity act rags, both of them have been what? Overpromised and underd delivered. And that's the truth.
Good, bad, happy, or sad. You could talk melting faces all you [ __ ] want. The reality is volume isn't there. Spot interest is not there. The interest for rails is there, which benefits those big companies that do that.
Think about that. Who really makes the money on that? It's the big companies that launch that enterprisegrade software.
Spot sucks though. ETFs have had nasty outflows here over the last three weeks.
It has kind of gone back into the poop stack here. And you can see a big difference. A year ago, you're right. We were raking it in. ETFs were rolling in 4.5 billion for that week and now we're losing.
So, the market kind of put the brakes on and the market's kind of saying, "Hey, Clarity Act and macro suck." But play your pumps and dumps when you can. Why?
Because the macros suck and Clarity Act dot suck. So, just make sure you zoom out, but also celebrate victories when they happen. That's important, too. M hydrating with the white socks tumbler.
Why? Because the socks kicked the crap out of the Twins yesterday. Proof that crypto can turn it around, too. Cuz the White Socks really suck now. They're actually doing good. Crypto can turn around, too. Seriously, really can.
Clarity Act. We need that to happen, but we need that to kind of skip to the head of the line when Congress gets back to work. Yeah, what a joke. When are they ever at work? Uh, in terms of Exxon pump, hey, I think it's cool. I really do. I think it's cool. I don't give a [ __ ] how you win. Seriously, a win is a win. If you win by one goal, if you win by five points, if you win by a win is a win, right? It is a W. So, if XLM pumps because of DTCC stuff that really doesn't use XLM really for anything, cool. Who cares? You're still winning, right? Would you rather sit there and be like, "No, this [ __ ] sucks, man.
They're still not using XML. Who gives a [ __ ] If it gets inflated by price, awesome winner. Are you going to keep playing it to see if you can get back to that 40 50 cents though that we were getting in last July? Boy, does that feel far away, doesn't it? Yeah, because for a long time we haven't gotten those ragaronis.
And Iran was only supposed to last four to five weeks, but now it's going on even longer, which is putting global macros under pressure, which is not good for risk assets like crypto. So again, zoom out. It's cool to see some stuff popping here and there, but the macros still suck. So choo choo, what? Well, you know the deal. Lemon peel, I got to hydrate more with my white sacks tumbler and choo choo [ __ ]
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