This analysis provides a clear-eyed look at how institutional frameworks like the CLARITY Act are maturing crypto from a speculative niche into a legitimate financial asset class. It effectively highlights that the real challenge for investors today is navigating the structural shift toward mainstream regulation rather than just managing price volatility.
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Strategy And The CLARITY Act Are Testing Your Bitcoin Conviction + $80,500 BTC & $2,300 ETH -Ep.#944Ajouté :
ALL SOLD MAN.
WOO.
You treat me like a stranger and I feel so >> All right, good morning, good afternoon, good evening, and good night here from Las Vegas, Nevada. Hope you all are doing uh good and having a good day wherever you may be. We are here on episode number 944 of the cultivate crypto show talking about strategy and the clarity act are testing your Bitcoin conviction. Specifically this week, right, u Michael Sailor announced that he could do some selling of Bitcoin in the future. This week he is buying. Um, the Clarity Act is already being discussed on Capitol Hill for um, basically the Senate Banking Committee will be having their writeups on Thursday morning, I think at 10:30 uh, a.m. Eastern Standard Time. And so, and then we have um Kevin War's official what do you call it? Uh, like first day as the Fed chair on Friday. He did get approved um I think on the initial steps here today, but the official official official uh approval is on Friday. So all of this is affecting the Bitcoin price. Uh that being said, Bitcoin's price today is uh still trying to hold that 80k range. So it's doing its best.
But let's get right into it. Um let's get right into uh where are we starting here? right here, I guess, in terms of um let's talk about Michael Sailor and let's take talk about his impact on Bitcoin's price. Um I wish I would have pulled this video up here for today, but he did have uh something that I saw recently where he said, "H, you know, I don't affect Bitcoin's price that much. Sometimes I'll buy $100 million worth of Bitcoin for like five hours, price doesn't do anything, I stop a day later, you know, price moves for a different reason, which I would say, yeah, that's uh probably true to some extent. That being said, psychologically, it also does get a lot of other people to buy Bitcoin and it's kind of a follow follow the leader type thing. So when he does sell Bitcoin, I think that's a bit of a shock because most people see him as a permabull, which he still is, but we'll get into the details here today. I guess in terms of biggest impact on Bitcoin price here, uh throughout the month of April is pretty much the ETFs, the Bitcoin spot ETFs. Um, Michael Sailor, I would say psychological impact for your crypto natives. And then uh, Wall Street here with your bigger impact uh, throughout the month. Well, actually, we had about 57 billion dollar uh, in Bitcoin's inflows for its spot ETF. Uh, we have now 59. So, I believe, let's go to the monthly here.
We had Wow. Yeah, in the month of April we had $2 billion flow into the Bitcoin spot ETF. Uh and then here so far already in May 1.2 billion. So I think Wall Street's getting a little bullish going into the Clarity Act here uh on Thursday, right? So very interesting. So we've had some pretty solid months here for March, April, and May. And that's, you know, kind of bottomed Bitcoin out uh among uh other things. But the timing on that has fit perfectly with the 60-day cycle, which we'll go into a little bit later here. But let's take a look at Sailor. What is he up to today?
So, uh, it's now estimated that Michael Sailor's strategy has purchased 1,444 Bitcoin via the STRC play today. Uh, that's over three times the daily supply of mind Bitcoin. So, um, yeah, what are we what are we getting these days? We're getting probably about 450 Bitcoin, uh, a day being mined, something like that. I believe it was 900 last cycle. So, uh, next cycle it'll be probably about, uh, well, divided by two, right? Uh, what two 225 something like that, right? Um, so yeah, uh, lots of Bitcoin being, um, bought up here by Michael Sailor. That being said, right, there was this report that came out earlier, uh, I guess I would say you could say earlier this week slash late last week. So last week, Sailor had stopped buying. So he'd been purchasing pretty frequently and then he stopped right after the Bitcoin conference during consensus in Miami.
Then now this week uh starting yesterday he's bought back again and then today obviously bought a significant amount of Bitcoin here which is holding price above 80K for the daily close here that we'll get in about 2 hours. Um we're looking for Bitcoin to close above 80,000 or 80,100 if that happens right the market can continue up here going if the Clarity Oct is uh getting some positive vibes going over the next couple of days. Um, but it's this right here. Even though Michael Sailor just paused last week, it's the 130 million that he could sell worth of Bitcoin that he had said uh he would consider at some point before.
So, uh, yeah, but then what did he say to counter that? Pretty much this right away, which is Michael Siller says strategy would buy 10 to 20 Bitcoin for every one that it sells.
So yeah, one week you know what what is his strategy here? Uh no pun intended, right? But basically his strategy is there are short sellers that have come and messed up uh the market. He's gotten cheaper Bitcoin for it. So it's good for him, but it has made him sweat a little bit and have to kind of think on his feet of how they're going to survive uh a down a severe downturn in price since they hold so much Bitcoin, right? uh essentially Micro Strategy stock is a spot Bitcoin ETF without being a spot Bitcoin ETF. So because of that they're very susceptible to these volatile moves. And so whenever they whenever Michael Sailor sees short sellers coming in a little bit too strongly uh B or also longs to like to kind of mute price to maybe to get hit be able to get uh what do you call it more Bitcoin at the same price for a longer time. he could use it the lever both ways, but basically he he'll reserve the right to sell, you know, a few bitcoin here and there and then um buy 10 times to 20 times more down the line. So, I think he's just first of all, he wants to put it in the psychology of the crypto market that if he sells, it's not the end of the world. He's not going to sell everything, right? he wants to kind of clear that narrative out out of the way um ahead of time, but then also he wants to uh show that he's a permable bull, but also that he has a little bit of control here uh in terms of, you know, affecting the longs and the shorts, whichever one are kind of ruining his day. So, uh yeah, he could add to the shorts, too, right? He could he could sell a bunch of Bitcoin while the shorts are shortened and uh try to get a cheaper Bitcoin price for himself down the line. But yeah, uh this was said during an earnings call when he said the 10 to 20 uh times more Bitcoin.
So he's putting his money where where his mouth is. They have uh acquired also for so this amount of Bitcoin here that they acquired was uh via STRC. So, that's the stable well stable coin, but it's basically uh a coin or a stock that's pegged right at around $100 and they're giving 11% yield on that paid uh once every two weeks I believe at this point. And uh it's not 11% over every two weeks, it's 11% over the year divided by you know what 104 um basically u is when it's getting paid out. Um so that's what he's buying there. But he's also buying right M for Micro Strategy. So uh Strategy has acquired 535 Bitcoin on their own u for $43 million. Um so quite a bit less about a third of the amount for as the STRC. Um at $80,000 per Bitcoin and has achieved a yield of 9.4% year-to date.
Um, and right now they're holding about $818,869 Bitcoin, uh, which is about $61 billion with their average price only about $5,000 cheaper at 75,540.
And it's interesting that the price here uh for Bitcoin or for Sailor's average buy is 75,000 because if you do go uh let's turn off the buy sell signals and let's go to the weekly here and turn off all these. Uh where is 75,000 basically over this price action?
It's this dip here that we had in the middle of 2025. Uh it's also right above uh this peak here that we had in uh March of 2024 going into the Bitcoin having. So going into the Bitcoin having dip post Bitcoin having uh about a year later and then um yeah when we when we broke down here that was a support level we lost and now it's an area that we're trying to regain here for Bitcoin. So Bitcoin's price is looking pretty nice right now uh on the weekly. Um but yeah uh we have some of these levers uh but mostly right now Michael Sailor is um choosing uh the good side and is buying more Bitcoin. So even though he bought like almost 2,000 Bitcoin here it looks like I don't know if that was all done today or if that was done over yesterday today Sunday night all these things but um we still have Bitcoin's price struggling to stay above 80K.
So uh yeah, we'll probably uh see a little bit more action by Wall Street coming into uh Thursday, Friday, right?
That again is the Clarity Act uh markup in the Senate Banking Committee as uh which would be the first step towards getting it into law. Uh and then we have the uh what do you call it approve official approval of uh Kevin Morris on Friday uh his first day of the job essentially. So um yeah, a lot of bullish catalysts. Let's see if the week pushes through. Uh so this is you know the report that the Senate Banking Committee is planning to hold a key market structure hearing on Thursday. So some people misunderstood this as the Senate Banking Committee is going to basically vote on whether they they approve um this market structure bill or not. Like they're not putting it up to a final vote. That's not the case here.
What is the case is this is a markup, right? So what what is a markup? A markup basically means they're going to hold dissenting opinions um starting I think yesterday. Uh so they go around see how the different politicians feel about it, show them the wording of it and then basically everybody this week uh talks and and uh lobbies together and then they share their notes on Thursday, try to mark it up and see okay if we make these adjustments here, is it something everybody in the community can agree to? If the answer is yes, then they'll put it towards a vote down the line. So, there might be a few of these um throughout the summer, but the goal uh by the Trump administration is to have the Clarity Act uh passed around or by July 4th. So, that gives us about two months here, uh or a little less for, you know, a more debate. I mean, we've had debate on this for pretty much eight, nine months now. Um but yeah um I think this one here why why on Thursday is everybody looking at this one so much because we don't have that much time to pass this by the time uh we get to midterms in October uh in November. So something has to happen before then basically something has to happen within the summer. So they're kind of pushing this uh a little bit farther and farther out. But yeah, um if the markup goes well, then I think uh it's going to probably be more likely to go into law.
Uh Brian Armstrong was cited here in DC on Capitol Hill. So Coinbase CEO Brian Armstrong Brian Armstrong is making the rounds on Capitol Hill ahead of the big Senate banging crypto vote on Thursday.
He was standing in Senator Katherine Cortez Matso's office. Uh CCM is a key uh Democrat negotiator on the bill. Um you can see the name here. Oh, is she from Nevada? Okay. She's a representative from Nevada, it looks like. And uh yeah, talk of the talk, walking the walk, kissing babies, shaking hands.
Would you could you imagine, Kyle, Brian Armstrong for president one day if that were to happen? Would do you think what what do you think about that? What's what's that? What's that bring conjure to your mind?
>> Just total surveillance. I mean, >> I just see like there's guess how what would you think that he leans towards the dark side? He leans more towards Lex Luthther than uh >> I think it goes Lex Luthther for sure.
>> Okay. Okay. Gotcha. Yeah.
>> Absolute power corrupts, right?
>> Absolutely. That's what they say. Uh and uh here uh there basically there was some updated wording uh that's going to be continuing to happen until Thursday on the Clarity Act and uh basically the the fight here for most of Wall Street versus crypto at least because basically the short history of the Clarity Act right if you weren't paying attention earlier this year is that in January Clarity Act had pretty much 90% of everybody on crypto and banking side saying, "Okay, let's pass this [ __ ] right?" And then, uh, Coinbase CEO Brian Armstrong basically said, "Nah, I'm gonna I'm gonna basically say firm no and [ __ ] this up for everybody basically." Uh, but you have to look at it from the crypto perspective, which is if this passes, yeah, it's good for crypto. It's decent for crypto. It's good for crypto shortterm uh in terms of price action uh during a downturn, right? It's also I I would say there are good aspects of the Clarity Act to crypto, but it's not perfect, right? So, does crypto need the Clarity Act to pass? No. We could wait two years for the Clarity Act. We haven't had regulation in this industry for what, 16, 15, 16 years now. I think we're doing all right. I mean, there's been down times before. this is, you know, the least worst of them. So, we don't need it to go through. So, that's why Brian Armstrong said, "Hey, hey, hey, hey, hey, let's not push this through quite yet." Because at that time, basically, what it said was banks can act like banks, but crypto exchanges cannot act like banks in the sense of they cannot give high yield savings accounts.
And since uh they can't give high yield savings accounts like banks do, right, Brian Armstrong was like, "Yeah, I'd like that in my business model." Of course he would. Right? and that's leaning maybe more towards, you know, the the corporate, hey, try to make as much profit for your shareholders as possible angle. And so that really slowed down the Clarity Act. The president's administration got pissed because uh this is one of the things that they want to pass um before uh they may lose power in Congress or different things like that or even in the Senate um from midterms. And um so now the banks basically have been kind of like well you know um we don't need this to pass either because we don't really need to legitimize crypto as an entire industry and we're going to drag our heels now [ __ ] right and so uh before you'd had like a bunch of other crypto companies um be positive towards the Clarity Act like Ripple. You had a few uh people like Charles Hodkinson say we don't really need this. So there's a lot of back and forth on this. At the end of the day, it's important that crypto has some regulation on it, right? It can't be 100% the wild west and continue to really do well. Also, um that's from I guess just everybody's perspective, right? Uh but it needs the right regulation. It should not have just whatever regulation slapped on it because we need to get something done in a certain administration. Of course, that doesn't really matter that much, right? at least not to people in the industry. Um, but the other reason I guess outside of just for everybody's uh legitimization of this industry is good for most people. Um, but then also for Wall Street, right, they've built so many products towards real world assets and tokenization. What does that mean if you haven't been in crypto a while?
Basically, it means that they want to take stocks, bonds, pretty much anything that they have on Wall Street and they want to make it into a crypto token so that it can trade on off hours. Uh so ultimately can be uh traded 365 uh 24/7 basically, right? Uh and the crypto industry, you know, can give them other things that they can make money on that they didn't have before. So that's why Black Rockck's been buying up Bitcoin like crazy. Uh that's why other banks like JP Morgan and Morgan Stanley, Fidelity, and others have been following um that up. But um yeah, it's just I I would say it's a better catalyst than it's not. So why not get it put through?
Um so that's kind of what we're looking at here. The other part of the the um Democrats uh discussion here was on uh Trump's conflict of interest because Trump has basically made Y LFI uh the Trump memecoin uh the USD1 which is a stable coin and different things uh related to crypto. They just want to make sure there's things in the Clarity Act also regulating political officials which yeah I think that wouldn't be bad at all. Right. you don't want Nancy Pelosi uh trading like crazy in crypto unless we know who what wallet Nancy and Paul Pelosi have. if that's the case, you know, so we've got onchain analysis here. Uh we we'll let that one slide.
But um yeah, I don't know if the Dems will throw something in there on that or if they'll try to do another bill down the line, but it seems at least the rumor here is um right by the rumor sell the news is that top Democrat senators uh have just said or sorry, one top Democrat senator just said his party will not block the Bitcoin Clarity Act and they're eager to pass the bill. Um, so allegedly, allegedly Democrats are not going to mess this one up. Uh, for, you know, Bitcoiners and crypto people in general, also for Wall Street. To me, at the end of the day, who's paying the politicians the most money? Wall Street.
Absolutely. Wall Street. So, uh, they have all these things built up for this.
They want it to go through. Money of course is still a partisan issue to some extent but overall if there's one thing I would say what are the diff the the few different things that bring uh the two parties together even though they can be diametrically opposed at times usually it's money and war money and power right those are the two things every politician can agree on to some extent right uh it's just shades of within that basically uh if you want from the source um the details of the clarity act here. The US Senate Banking Committee uh on the GOP side has basically put why they think clarity should be passed uh online. So the Senate Banking Committee Clarity Act uh is the result of more than uh 10 months of good faith bipartisan negotiations and has benefited from consultation with industry participants uh legal academic uh expert legal and academic experts and key stakeholders. So they have uh I don't know their thoughts basically on the Clarity Act, right? So uh they say these are the facts, right? According to the GOP on the Senate Banking Committee, they say the Clarity Act protects Main Street, unleashes responsible uh innovation, responsible, not irresponsible innovation, right? You got a key key difference.
And cracks cracks down on fraud and money laundering. So yeah, I I would say nobody wants fraud, nobody wants uh money laundering. I mean, I wouldn't say nobody in crypto. Obviously, there's whenever you have money, there's going to be bad actors around, right? So, we know which ones those are. Um, you know, looking at you, Lazarus group, right?
Um, obviously there's there's some um Western organizations doing that, too.
But, uh, yeah, that's better and safer for everybody if that's get gets cracked down on essentially. But um responsible innovation I would say just allowing innovation to happen in crypto. Amazing, right?
>> Come on. Come on.
>> Do it. Do it. Uh pass the Clarity Act.
No. Um basically you know if you create some sort of you know kind of area of innovation a hub per se that crypto can flourish in America all of a sudden America could become the crypto capital of the world which um will help with uh I think just how our country will deal with inflation overall. One thing that Kevin Walsh that who will be the new Fed chair has said right is we're living in a time of surplus where we're going to get an entire new industry in AI. We're getting we're getting an entire new industry in crypto. Um we may get another new tech industry in quantum computing down the line, but this is going to create a surplus of economic activity for us. Not uh you know the money printing will continue to happen, but we can outpace that inflation by basically being more productive, right?
Who would have thought? Uh but being more productive, part of that is um being involved with crypto because if the United States is going to maintain its I would say um just dominance in the financial industry globally.
Crypto's got to be a part of that. We're in the digital age here. We're going into uh we're past the quarter century mark in the new 21st century. And so yeah, you do need this technical innovation uh to continue happening here because if it goes somewhere else, right, it had been, you know, China had been the hub in the 2010s for a lot of Bitcoin miners. Um Singapore can take a lot of market share. uh Japan, these other countries, you know, kind of taken little bits and pieces and um if America has the most control over this, they continue to have the most control over money globally, which you know, part of America's power structure, you know, when they don't want to create war, what do they do? Put sanctions on a country, right? So, do economic warfare uh in a in a sense, right? In order to kind of control uh the incentives of how other countries are going to act, right? So, that's very very important. You're going to see a little bit later here how that has to do with Binance and Iran. But for now, right, uh, as far as America's concerned, uh, just domestic policy, it is, uh, a good thing for our national interest basically to have, um, what do you call it? Just responsible regulation within the crypto industry.
I guess the bottom line here, what do they say on the bottom line? The Clarity Act replaces uncertainty with clear rules of the road. It protects investors, strengthen strengthens national security, preserves lawful innovation, and gives regulators and law enforcement tools to go after fraud, manipulation, sanctions, evasion, and elicit finance, which fair, fair play, right?
Um, this is also uh some of the information that's in the Clarity Act.
We're just kind of looking at well, first the Senate's opinion of the Clarity Act, then we're going to take a look here at a Bitcoin Maxis point of view. Um, and then we'll take a look at Aerod Drrome's chief legal officer's um, point of view as well. Um, but, uh, the, uh, TFTC, uh, which I believe is run with Marty Bent, um, who, you know, is a Bitcoin maxi from back in 2017, has some very good content in my opinion, but they say buried on page 230 of the Clarity Act is arguably the biggest win for the digital asset industry in the 309 page bill. Um, definitely use AI to summarize that [ __ ] if you're going to read it. But section 604, the Blockchain Regulatory Certainty Act, if you build open-source blockchain software and don't have unilateral control over users funds, you are not a money transmitter, right? So, if you make a Bitcoin wallet that holds uh basically people's Bitcoin, but you don't have access to the seed phrases on there, they're just using your you as a what do you call it?
uh as a place to store uh their Bitcoin, but they are the ones with the private keys. So, you can't unilaterally control or move any of their funds, then you are not a money transmitter, which I think is very fair. Uh not under Fininsen rules, not under criminal uh federal criminal law, not under state registration requirements either, because each state could try to [ __ ] this up and try to do their own rules on this on top of what's going on with the federal stuff. I don't think that's very likely to happen. I think if each state writes rules on top of, you know, crypto regulations for themselves, it'll be mostly um how much can they hold in their treasuries themselves um for uh state Bitcoin strategic reserve funds.
Um but writing code is not money transmission. Um building self-custody tools um so that your customers can hold their own coins, you don't have control of them, that is also not money transmission. running a node uh of infrastructure, right? Just to, you know, confirm transactions, but you're not touching anything. It's not money transmission. So, for years, developers have operated uh under the threat that publishing code could expose them to money transmission charges. Section 604 eliminates that ambiguity entirely. It establishes a clear uh codified legal protection for the people who actually build the open source infrastructure this industry runs on. Uh so, the markup is on Thursday. Read the bill.
Uh yeah. So I think that's good. These things at the base level are good for crypto. Just you know it's it's a small win for crypto. I guess a small way of saying hey this industry they act the government actually has some understanding of the of this industry now and they're willing to basically let it uh become a bigger industry, right?
They're not going to try to keep it an underground industry. And to be honest, if crypto stayed an underground industry and people were just like, "Nah, we're not really going to let this thing into the financial system." If that were to happen, I would say your bull markets would still be very volatile, would be crazier. Um, but now that Wall Street's in the game, it does somewhat temper the price action and just kind of make it's kind of like if you look at the ass like let's say you get somebody coming in buying a bunch of stuff from you, right?
but they have a portfolio of a bunch of other stuff. Whatever they buy, because they're going to buy and sell that at similar times to what they buy and sell in their main portfolio, all of a sudden the new thing that they buy, if they're a big enough player, is going to have similar price action because they're buying and selling that the same way as they're buying and selling the rest of their portfolio. So essentially, if Wall Street starts selling uh risk on assets like the S&P 500, then they're going to do the same thing for crypto because that they're more Bitcoin in particular is more liquid, easier to sell than a lot of other assets. And it is a high it is a high-risisk asset in their eyes. And so, uh, yeah, that, you know, that's one of the reasons why since 2020, uh, Bitcoin price and the S&P 500, NASDAQ, and and main Wall Street prices have been much more positively correlated than in the past. Um, some people might say, well, that's kind of against the ethos of crypto and Bitcoin here long term. And I would say, yeah, that's partially correct. But also part of the ethos of crypto and Bitcoin is that anybody can play, anybody can become involved, right? So it's kind of this gentrification that's happening. First, you have all the Bitcoin that ever existed. Now, uh 20 million of that has already been mined. So there's only 1 million left to be mined over the next 100 years or 120 years. And so for the most part, the Bitcoin we have is the Bitcoin supply that we have. Now, Wall Street can buy a bunch of it up, but this is one thing we've talked about, you know, in in crypto for quite a long time, which is they can buy as much as they want. That's only going to push up the price, and that's only going to make the network stronger with more people involved. Um, the only way that they would try to really destroy this industry is if they tried to control the mining activity, right? and they tried to do a 51% attack which the more that Bitcoin gets adopted the more dollars that cost to do that the more it doesn't make any sense to do it I even by a nation state and so therefore it doesn't happen they let it be right and if they let it be then they're going to want to make money on it too once it gets to once it gets to a big enough piece of the pie that they can get involved which is exactly what's happening here with Wall Street um right now so that's why Wall Street's getting in because now crypto's big enough it's like okay we can make some money on this that it matters you know with for to a couple percent of our portfolio uh and then as this grows we can have more control over it but part of the gentrification long term I think is that yeah you can get a big player coming in eventually those big players will die or they will uh change or they will phase out right and when that happens each time that happens then more Bitcoin gets more evenly distributed among people you know it gets hoarded less by bigger players so even though you might not like Wall Street coming in and affecting crypto in this way. Uh it will legitimize crypto. Uh it will or it already is, right? It already has. If you didn't don't understand that by this point, right, you're not paying attention or you need to pay more attention here. So, hit like and subscribe for sure. Um but yeah, there's just so many different positive things that can happen from this for crypto.
It's just a part of the growth curve into a global financial asset, which is what crypto's tried to become all along.
So people who cannot kind of adapt to the change in crypto will basically become dinosaurs. People who can adapt to the change in crypto here will make a lot of money.
All right.
This was interesting. Uh the uh chief legal officer of Dromos Labs, right? We had Alex from uh Aerod Drrome and Droos Labs uh here last Thursday and uh the CLO Jim basically gave a uh his point of view on what he thinks about the Clarity Act and actually why having pretty much in the CL a two long didn't read version of what he says here is that the Clarity Act um basically puts most of crypto under the CFTC instead of the SEC. The reason why we wanted the SEC or sorry why we wanted the CFTC over the SEC in terms of regulation was because Gary Gensler and previous SEC chairman were very very negative against crypto and so we're not used to that organization treating us fairly. We do have Paul Atkins in the SEC right now who will start to treat crypto I think extremely fairly. Um so because uh basically the the powers that be changed there um it's not getting regulated by the SEC is not that bad. The other reason he says people in crypto don't want to get regulated by the SEC is because they have done illegal token distributions in the past. Um and that would get cracked down on so be harder to come out with more coins. Therefore more economic activity gets uh what do you call it?
Concentrated among fewer coins therefore price go up more. So that is actually better um for the price side of things, right? Um but so there's multiple reasons that he says here of why the SEC would be better than the CFTC. On the I guess on the CFTC portion, they do a much broader stroke. They regulate markets instead of regulating um specific players in the market or specific uh assets in the market. And because of that, they might be a little bit too broad of putting their paintbrush on crypto regulation. And if it's too broad then um yeah you might not uh you might get smaller entities like a like an aerodyome for example that try to come up in a good way and because uh regulation is not specific enough to uh letting these players thrive but not these players that are bad actors, right? And but having a little bit more nuance to it uh basically that having that more nuance to it would be better for players that are trying to build businesses. So that's kind of the argument here. And at the end of the day, uh, he says, well, if the Clarity Act doesn't pass, it's actually not that bad for crypto. And I would agree with that 100%. So, um, there's good things if if it does pass that can happen to crypto. There are good things that can happen to crypto if it doesn't pass. So, at the end of the day, uh, the bankers, I would say, are going to be much more affected by this than the crypto industry. the crypto industry will get mostly tail w tailwind wins from this whereas the baking industry yes black rockck and others uh like fidelity Franklin Templeton who are already ahead of the game these companies will basically get a ton more uh ways to make money a ton more customers this is good right but all the companies that are lagards or too slow they're going to get disrupted heavily and when to I I talked to some real estate bankers uh at the crap table here in Vegas, you know, a few months ago and they had no idea what the word tokenization even meant um or real world assets or any of that stuff, right? And so these types of things when they cut all of a sudden the banks say, "Hey, crypto's good. Clarity act passed.
We're going to put trillions of dollars in it. Uh real world assets. We're going to put on chain and we're going to have Tesla trading 24/7 365. Uh and we're going to make a lot of money on this."
you know, all the smaller banks or all the banks that are slow are going to be the ones that are going to be like, "Ah, shit." Right? The because now they have to have another competitor, which is uh what Kevin Olirri would say is the 12th sector of the S&P, which is crypto. Um is basically what they want to do. So, interesting take here. I would recommend um because you guys are already um following Alex here. Uh we're all going to make it Alexander on Twitter. Um, definitely go over and follow uh Jim uh Dromo uh he has Domes Law um here. Uh and uh yeah, he's got 677 followers now.
Let's get him up to 700. And um yeah, it's it's kind of good to see how legal experts within the crypto space are viewing things because um they have a better understanding than I would say legal experts outside of our industry uh about how things apply to us.
Uh we'll go into the charts here after uh this, but I just wanted to take a look at uh the SEC chairman Paul Atkins, what he's saying about the future uh and how cryptos and stable coin payments are going to be integrated into that future.
Um very very quickly here, I think uh one of the main things he says here is all US markets will be on chain within two years.
All of them, right? Not some markets, not select assets, all of them. Kyle, two years from now is what year?
>> 2028.
>> And four year cycle low is usually which year?
>> Would be your second, right?
>> Yeah. This year, right?
>> Yeah.
>> And so then 20 which uh 2029 would probably be the peak of the four year cycle, right? So 2028 smack dab, right in the middle of a bull market. all US markets >> onchain by that point. I think a lot of money is going to be coming into this space. I think just a little bit, right?
Um so let's take a listen here to how he thinks this will happen.
>> Tokenization is the idea of using then smart contracts or or you know tokens on chain to be able to that represent say underlying security. So then that tokenized security is a security and would be subject to SEC rules by law.
But the idea is that it's if it's onchain on a blockchain then there's much more transparency as to where it is. Right now there's a bit of capacity as to you know who owns what and where the the company usually doesn't even know where it's sharehold who it shareholders are and where the where you know where the shareholders reside where the shares reside. So uh so tokenization has the uh benefit of potentially having instead of t+1 now trade date plus one for uh uh clearance and settlement um the prospect of maybe t0 now depending on the instrument and you know there's we we have to you know think about netting and all sorts of other things with respect to some instruments but in principle the idea of onchain delivery versus payment and uh receipt versus payment, DVP, RVP onchain is a prospect of d-risking the markets, making them much more transparent and then sure as far as clearance and settlement because it's always that the u the gap between clearance and settlement and then delivery and payment um is the the real introduces risk into the system. Do you expect this is where financial services are is going? Are the major banks and the brokers out there today moving increasingly toward tokenization?
>> Oh, absolutely. And it's the uh the way the world will be uh you know here in the I mean maybe not even in 10 years, maybe even a lot less time, maybe a couple years from now. So I think that all of this modernization of the markets I think is good. And the trouble that uh we've seen here over the past uh few years is that uh you know the SEC unlike historically I it historically it never was necessarily at the vanguard of pushing new innovations. It was always you know a little bit behind the market of course but here uh recently it's been almost standing a fort uh the marketplace and as it's uh you know as all these new innovations were coming about. So that's no more. We're actually embracing it. And I believe that we need to be embracing it to keep the United States at the forefront as far as cryptocurrencies and whatnot. There were really only two countries in the world here in the last few years that were working to make cryptocurrencies illegal. And that was communist China and the US through the SEC. So that's changed. It's a new day now. And so uh we want to embrace uh this new technology.
>> So I just like at the very end there he's like you know in the previous administration basically the US was acting like communist China but now everything's good.
That's pretty funny. Um but Pockkins absolutely right here. tokenization actually will help the United States. It will help the average consumer.
Like if you simply look at like the remittance market, let's say you're sending money somewhere, right? I I would say there's probably a lot of people uh send money back to Mexico.
There's probably plenty of people who send money back to like Southeast Asia or India. you know a lot of people coming into the tech industry through India or or you know whatever you look at for different immigrant populations in America they definitely send a lot of uh remittances and I think I in terms of the percentages like the average percent taken for remittance was somewhere between 8 to 16% um back in the day uh through Western Union and then uh when you started introducing these different fintech apps I think it got reduced to recently something like five or 4% um which is you know a lot less worse than before but still you know pretty expensive if you're only sending $100 back home or something like that right um and then uh now with stable coins and being able to do remittances through blockchain and crypto they're bringing it down to half a percent of fees maybe down uh down the line once there's more competition within this to about 3% fees. So, they basically made most of those types of fees to zero, right? And so, if now if you're an immigrant sending money back home somewhere um and you're trying to build up your your generational wealth um back in the local country, then it makes it much easier to do that, right?
Um that's just one example, right? But I think that's the most clear example, probably one of the earlier use cases um for stable coin transactions here outside of the United States. within the United States. Just take that same idea of, you know, crypto making everything way more efficient. Uh I think you're going to have a lot of real world assets trading on the Ethereum blockchain.
Aerodrome is a great DEX um that's going to be going from Bass and then in July it'll be going to Ethereum as well. It's going to have a ton of that real world asset uh tokenization movement going through its blockchain. So buy some arrow, right? Maybe allegedly, possibly.
Maybe. But uh Eric in the chat says, "So Ape Arrow, hey, you know, do some research. Do your research." But but no, so there's there's that opportunity, right? But just that efficiency of of those platforms being so much better will save the end consumer a lot more money. So let's say you're trading uh stocks and like right now you're using something like Robin Hood. Robin Hood probably will use some blockchain on the back end to reduce their fees and stay more competitive. But if you're using something else that wasn't quite as good, um I don't know exactly all the ones um with fees there, but just think of like TDMIR trade or a traditional uh you know stock uh trading platform. And then those ones are closed in the weekends. You can't do [ __ ] on Saturday or Sunday, right? When you have that time off to actually analyze the market because you're not working and stuff like that, right? But if you have access to aerodyome, if you have access to real world assets, the tokenization of different assets, then you can trade them 24/7 365, much more convenient and much more competition. So therefore lower fees and you make more money, you keep more money, everybody's happy. So, um, this whole change, like I think if you kind of look at as millennials get older over time, every single innovation on the internet has come at a time in millennials lives that has become important. So, um, for example, I'm like a top third millennial, I guess you could say, for the earlier cohort, but not the earliest. I think um like probably in the the the end of the beginning basically group of millennials. And when did I go to college? That was in 2004 2005 uh or so.
And what came out in 2004? Facebook, right? Facebook came out um basically when I was in college. What was that for? People said, you know, hey, connecting networking is forgetting chicks, right? Everybody's, you know, basically at the time, same with Instagram these days, right? which is why Facebook bought Instagram. But um back in those days, you know, if you're like, "Hey, can I have your number?" You know, sometimes that happened, right? But hey, can we connect on Facebook, right? Something like that. uh or eventually something like something something like that, right? Um but basically uh that came when we were in millennials basically were in the middle of their college years, right? Um so that was a way to have the beginnings of social media or or social media as we know it today. And so what do you call it? As we get older here, uh millennials wanted Netflix. We didn't want to have to go to the movie theater all the time.
in the movie theater's awesome, don't get me wrong, but we wanted to see X-Men, not in cartoons. We want to see X-Men, you know, on the live action. We got Wolverine with Hugh Jackman, probably uh the the best uh of the best there. Um, but then we also got some some [ __ ] off of that, too, for for Disney having bought a lot of the IP, but, you know, we we got Netflix, we got all these other things that we wanted, and we didn't have to go to Blockbuster no more. We could just watch it, you know, um, from the seat of our couch.
Great. you know, that's as you know, we're getting into our adult years. And then as we're getting more into our adult years, right, um we want money, right? And so as you want money in your 30s and 40s, um basically turning that from the traditional way of doing it to the way we would like to do it now is pretty much what we're seeing here with crypto coming into this into the space.
AI coming into the space is also a disruptor. It's like uh in that growth curve of generational growth I guess you could say it's hey we want to make money be more productive but be a a be able to spend more time with our family hey AI is a good you know helpful uh tool for that that's just one example but I think once you get to you know about 40 years from now when millennials are old and gray and uh you know what are you going to get you're probably going to get a lot of retirement type of um things go basically Think of anything that exists in the analog real world today that hasn't been updated, slow to be updated digitally because mostly boomers are using it now. When millennials become that age, that's when that innovation most likely will take off. And so millennials need money and they're getting in control of the money supply here in the next few years, next five years. Uh and so that's why you see crypto grow so much here and why Wall Street is adopting it and doing this tokenization so much as well. So ultimately, it is good for the end consumer. Let's take a look at the Bitcoin price. Just before we do, here is a sponsor brought to you by me, myself, and I, and Dollar Cost Crypto.
Uh, so come over here to cultivate crypto.com/shop if you would like to join the moon gang. Um, we have the Citadel, which is our group that uh we basically allow you guys to stay in the conversation with us uh 247 outside of the show. Ask more pointed questions, ask people in the chat how to set things up. If you're brand new to crypto, if you're experienced in crypto, put some thoughts, put some research in there, see what the the group has to say because a lot of crypto mindset alumni are in here. So, it's a very smart group when it comes to asking questions about anything in crypto, and also having some fun, having some memes, having a good time. So, come over here to cultivate crypto.com/shop and jump into the Citadel. You also get a $50 discount off of future crypto mindset courses um if uh for every month that you renew in the Citadel up to $600 off a crypto mindset course per year. So if you take one course per year that's $9.98. You get $600 off just because you were in the Citadel for the whole year. Um it reduces the cost quite a bit and you get to stay on top of the market. Speaking about staying on top of the market, we also have the market outlook dashboard now available um for free to the Citadel as well as the Q2 crypto mindset course.
>> You're goddamn right. And uh this for the for the crypto or sorry for the Citadel, you guys get Bitcoin, Ethereum, and Soul on the daily, weekly, and monthly absolutely for free because these coins are the ones that we think you guys should be paying most attention to, the stuff that's going to stick around long-term in crypto, Bitcoin, Ethereum specifically for that. Uh and then the Q2 guys also get Aerop Pepe and Zcash for free because these were the ones that we identified in the early part of March when the crypto mindset course started that we thought were going to do quite well. So uh if you are a part of the uh citadel or crypto mindset course and you are uh in one of those groups basically you can go to your account market dashboard log in and um then come and see this right we have it on uh the uh UTC time. So in about an hour and 15 minutes it will change from May 12th to May 13th um along with UTC time and closing of the Bitcoin chart.
You can scroll down here and you can see uh you have uh the last few days of charts here um to see which day of the 60-day cycle we're on and you got this analysis here um which I give the long form of all the things that are going on that you need to pay attention to but I also give you the short form here the two long didn't read version. So let's give you guys a little bit of an insight here uh before we go into the Bitcoin chart and see what we said here. So, we said now that Bitcoin has moved back above 81500 on a daily close, which it did for two days, um, Bitcoin is likely to continue to the 83 to 86K mark this week. Of course, we do need to hold 80K as support in in order to do that. Um, but I I would say if Bitcoin get back get back above 81K or so in the next 24 hours, all will be well and we'll continue to that mark going into the Fed approval uh later this week. uh the Fed chairman, right, Kevin Walsh. If Bitcoin breaks back below the previous buy and sell signals of 80,900 uh 78,232 and 77,640 uh on a daily closes, then uh a further breakdown towards 75K or lower is likely, right? Uh I would say because we'll take a look at the 60-day cycle here in a minute, but um basically those are the levels. So the first level of warning warning we may be going down is 80,900 but it's not you know the end all beall.
The second level which I do mention up here uh is 80,000 uh a daily close below there. So I would say we have a 90% likelihood that Bitcoin's cycle high is in if we have a close below 80,900 and followed by a few days below 80,000. And if those two things happen and Bitcoin struggles to to get above its 200 day moving average, then we roll over, right? So, we got a very thorough analysis here for you guys. Uh then you can go to the weekly, see the last two weeks of charts there. Go to the monthly, see the monthly chart. We are on a buy signal on the monthly chart. We are technically bullish here in a bare market um for at least the time being as long as Bitcoin staying above that level, which is 68,000. Um but you you get this type of analysis here. Uh see on the monthly of course much more shorter than the daily because you don't have quite as much going on on that higher time frame, right? The daily is every single day something changes a bit whereas on the monthly not so much. Um so yeah, just uh if you would like access to this and you did not get into the crypto mindset course, then definitely come over here and jump into the Citadel. Um there we go. Um for 98 bucks. Uh I'll put that in the chat here. Take me up the screen for a second and we'll go into the charts here.
Boom, boom, boom. Let's quickly take a look and see if there's anybody in the chat and then we'll go right into the charts.
W soundboard. That's right.
>> How dare you?
>> Uh, random noises. No. Um, Terrell Smith, um, first time seeing in here. Welcome to the moon gang. says, "Appreciate you, bro, and nice cut."
Thank you. Uh, sounds like you've been watching us for a while. You know what they say about the haircut.
It tends to coincide with the Bitcoin 60-day cycle high. Just saying. Uh, and sometimes the lows, but uh, depends.
Uh, Prairie Banana says, "I remain optimistic about the clarity in the short term." Um, yeah, I think there's a lot to be optimistic about it with.
Jay Perry says, "What moves are you making with the Richard Hart ecosystem when the Clarity Act um passes?" None.
I'm continuing to hold. Um, I'm not going to buy anymore uh of the eco of the RH ecosystem uh until I would say it officially bottoms out or officially goes sideways. I'd rather buy Bitcoin, Ethereum, Salana, maybe a few others like Aerodrome in the meantime um because they are better performers in the short term here. Uh we did I think it was in the last webinar that we did um with the Citadel and previous crypto mindset courses uh on Thursday with uh or maybe it was the one before that. But anyways, one of the recent ones we talked I I showed the buy sell signals on Paul's chain and Richard Hart did have a chance I I would say uh at the most recent bottom in April to pump uh the ecosystem uh because there was plenty of buy signals but it just didn't get support from its whales uh so it didn't really move as much.
Um nice. We have Sami in the chat saying hit that like button people. Appreciate you guys. Um, we did actually start on time today. I'm surprised it, believe it or not.
Right. Um, we're going to try to start at 2:30 p.m. um, Pacific Standard Time, 5:30 p.m. Eastern. Um, more days here.
Um, but let's go back to uh, the Bitcoin price and uh, oh, get we're seeing some value investors come into the chat. Some people we haven't seen in a while. So, good to see the moon gang getting it here. uh definitely get those likes up.
That helps get us out here uh to more people. But let's take a look here at the Bitcoin price. Then we'll go into altcoins and such. Um simply here, Bitcoin on the weekly is looking nice, looking constructive. If we turn on our Ballinger bands here, what do we need to see, right? um for Bitcoin if a 60-day cycle high is already in or a 60-day cycle high is coming in the next one week. One of those two situations is happening here, right? So, let's say the 60-day cycle high is already in and you've bought some altcoins, you've made some profit, but you're long-term holding these coins. Let's say you're buying Aerodrome not to trade it within the 60-day cycle, but you're buying it to hold for the next two years as an example, right?
Maybe you'll trade 20% of the arrow and you'll hold 80% of what you buy uh during the month of April and going into May here. Let's say that is the case for you, right? Then uh what do you want to see in order for prices to hold up better? You want to see Bitcoin come back and hold that 20week moving average. Why? because as long as Bitcoin is above its 20week moving average, it generally the altcoins generally have more confidence to move to the upside or at least hold uh similar levels, right?
If Bitcoin gets a weekly close below its 20week moving average, which is currently at 75,900 and going a little bit lower each week um by about 300 300 bucks each week, something like that. So, in the next one week, it might be down to like 75,500 or so, right?
that at lowest. So, uh if you go below there on a weekly close, your altcoins will puke, go to the downside, and crash again. Right? So, uh if we have the 60-day cycle high in now, we're on day which day are we on? Let's double check.
Turn off the BB bands.
Uh it looks like we got uh Tam Tam in the house saying, "Hey, what's up?
What's up?" Um we are on currently on day 44 of the 60-day cycle. last 60-day cycle we did get a low on day 51. So that would mean we have pretty much at minimum if the high is already in which would be here on day 38 technically speaking right which would still be a right translated bullish 60-day cycle. So what would that mean? That would first mean that the high or the low does not go lower than the cycle low which is 65 to 66,000. we hold up above there which would basically and that would be by the time of right earliest 1 week from now but up to day 60 day 65 which would be the end of May to if we had a longer cycle the very beginning of June. So, we pretty much have 2 to 3 weeks, minimum one week of downwards movement if the peak is already in and we scroll and we roll below 80K. We have an hour left. We're at 80,700. So, I I would say it's more likely that Bitcoin stay uh has a chance to break above the the 200 day moving average this week. Um but we'll I think by tomorrow between Wednesday to Thursday, we'll basically know if the price action is moving in the right direction or not. But as long as it's holding 80K, we're okay for now. Um, but that would mean, let's say, so 1 to 3 weeks of downwards action on average, two weeks of downwards action if we already have the high in. So going back to that weekly chart, you know, what percentage down? Uh, let's turn on the BB bands. How far down of a dump would we get if Bitcoin got down to the uh 75,000 mark, right? the the 20week moving average from the top, that'd only be about a 8% decline, which for a 60-day cycle low is pretty mild.
So, if the top is already in and we don't go any higher this week, right, if we hold 80K for a few days, but then break down, we're probably going to go down towards I would say 7374,000 Bitcoin, right? And that would then make the alts puke a little bit at the end of this month. So that's not terrible, right?
What if you see this line right here, it would probably hold this area as support. So the weekly and monthly would stay on a buy signal. Price is good, right? You can hold um for a little bit here. Uh as long as we're holding up above $68,000 um on the monthly closes, everything is still positive because that's where the monthly buy signal came in. But so going under that 20we moving average is not bad. just means, you know, your altcoins will go lower and you'll get a better buy opportunity. But if you weren't expecting that, that might be a little shocking, right? Um, but then if we were to regain that uh 20week moving average going into the next 60-day cycle, we could have a really good run going into into July. If it looks like the Clarity Act is going to pass in July, maybe you have um the Straighter Hermuse opened up going into uh the 4th of July, Bitcoin's or not Bitcoin, America's 250th anniversary.
uh and uh you know Trump says hey we won right uh something like that peace in the Middle East for at least the time being and uh that could be a really good catalyst back to the upside here a little bit but um if we did move up here a little bit higher this week like 84 maximum I would see is 86,000 um by Friday to Sunday somewhere in that period if we did get up to that area then holding above 76,000 the 20we moving average would be much more likely going into Bitcoin 60-day cycle low because let's go let's put it middle middle ground price 84,400 going down then to about that 20we moving average would be a 10 or 11% dip which would be pretty much standard um maybe a little bit on the lower end but standard for a Bitcoin dip in the bottom of a 60-day cycle. So what would that mean then for your altcoins? So instead of getting that extra discount on your altcoins, what might they do? Well, in that case, your altcoins are more likely to chop around. Some of them that are doing very well will start to increase ever so slightly during that time. And then if Bitcoin gets a 60-day cycle low and starts going back up, then they'll take off a little bit stronger at the beginning of that next 60-day cycle, we have a stronger alt season. But for the people who haven't accumulated any coins during the month of April during the crypto mindset course, which we did for Q2, if you didn't during that time and you waited until now and you're looking to buy, you would rather see us have a high already in and go down and buy cheaper uh and get a better potential trade rather than um go up. So, uh what would most of the market want at this point?
There's more bears than bulls around.
So, I'd say most of the market would like uh a crash uh to be able to take advantage of a little bit of an opportunity. So, if most of the market's leaning that way, we might be a little bit more bullish here. But like I said, uh Wednesday, Thursday, how the markup looks for the clarity act will probably have the largest effect on whether we're bullish or bearish here. So, again, 80K is the area you need to hold. 81 or 80,900 is the area we need to go back above to get bullish again here. Um, but if we stay below 80K for a couple days, then we're probably going to break down.
We'll get discounts on prices. So, let's watch and see what happens here uh in the next uh well, I would say two days. That'll be quite important this week for price action. That's also going to affect Ethereum quite strongly because well, Ethereum's a little bit ahead of the curve, right? saying, "Eh, I'm not so bullish on this clarity act."
Right? Ethereum's like, "I want to put in a red candle, which would give it a sell signal on the weekly chart." Last time Ethereum had a sell signal on the weekly chart. Not so good, right?
Price here went down from 2,800 down to 1700. $1,000 drop on a less than $2,000 asset at that point, right? big drop um here within uh three weeks. So, well, actually two weeks from the official sell. Um so, yeah, if you get a sell here on Ethereum for this week, not great, right? So, if Bitcoin doesn't pump to like 84K at the end of this week, Ethereum will close red and it'll just be a sign of caution for the altcoins. Why? Because Bitcoin will go below that 20week moving average as well, right? So, what would you need to see Ethereum hold? uh you need to see it hold the buy signal that did hit at uh 2,180 bucks. If that can't hold, then you need it to hold on weekly closes 2100. If Ethereum closes below 2100 within this month, within the month of May, watch out below because it might come back up a little bit in the early part of June, but then by the second half of June, it's uh it's it's just bad, right? Um it's it's one of THESE rug the rugged commences, right? All coins dip. Everything's like, "Oh my god, it's all going to zero, right?" So this week also getting Bitcoin a little higher is not good just for Bitcoin to hold support and have all coins hold up a little bit better, but it's also good for Ethereum to not freak the hell out and oversell the market, right? Um, Ethereum is getting most of its resistance here at that 20week moving average. So, uh, that's at 2331 right now. So, getting back above that would be good for Ethereum, um, here just in the short term. But, yeah, you have stiff resistance here. You had stiff resistance right around that 2180.
Now, you have stiff resistance, it looks like, at about the opening of today's candle, 23 or this week's candle, 2370.
Uh so that area right there 2370 or so is the area Ethereum needs to get above to remain bullish here um both on the weekly and daily charts.
So, it's a time to be somewhat bullish, but bullish in the sense of taking profits on your trades this week going into next week and then waiting to see how the dust settles going into the second half of this month and then reallocating if we're if we're early reallocators because we get some hold uh support in price. That would probably be about the last week of May. Um allocating to new positions on trades or DCA or dynamic DCAs. Um, and then we'd look into mid June for the next signal of are we going to remain up or are we going to rug? If we rug, then we sell and we let things go down and we buy cheaper later in the summer. So, or right, if things hold up, we buy that price goes up a new cycle high. We see Bitcoin go towards 90 95K into the into the month of July. Um, that could be pretty good uh for a mini altcoin season, getting some people a relief rally and getting some pumpage in price action. So, Ethereum will be a little bit of a canary in the coal mine regarding that. Uh, we'll take a look at Salana, too.
Salana here has pumped up decent in the last one week. Before that, it was struggling under this $91 mark. Oopsies. That's not what I wanted to do.
There we go. It's also contending with its 20week moving average. Um, and for Salana, take that off. Um, where would it get bearish? Is it would basically Bitcoin gets bearish below 66K.
Um, Ethereum gets bearish here, um, below 2100, like very bearish, meaning we're going into a severe dip. And Salana below 80 bucks. So, um, yeah, that's just something to watch here.
Salana. If Bitcoin and Ethereum both raise up a little bit going into the end of the week, then Salana probably will try to cross that $100 mark possibly going into this weekend if it's if everything is positive. And then it can hold the current level here between 91 um to the Ballinger bands at 96. So that low that 90 to 90 uh 91 to96 range there for Salana. that were to hold up um in the next couple of weeks then then it can get a better move here maybe going back towards 120 or so um if again where there's more positive action on clarity going into Wednesday and Thursday looks like there'll be plenty of positive action going into the Fed um with the approval of Kevin Worsh on official approval on Friday so because of that right I would say that's already an event where we've already baked in to some extent until the next Fed which I believe is on June 17th. So that middle June all of a sudden that becomes important as well there because that's your tipping point if Bitcoin is weak, right? That could be your tipping point towards the downside if you don't get enough bullish action there. But uh could also be your tipping point to further upside if uh clarity and everything is looking positive.
Let's take a look at the general altcoins here which is just our total three. um similar to Ethereum, similar to most altcoins here. It's got a B double buy signal here confirmed as of this last one week, but it also now is basically um setting up a sell. And again, if Bitcoin and Ethereum go red this week, there'll be a temp at least a temporary sell. And then it's just a matter of can your total altcoin market cap hold support here at about 730 uh to 735 billion. If it can hold support like that going into the end of the month, the Bitcoin 60-day cycle low and then it goes up again, Bitcoin, let's say, holds up above 73 74K, then that's a good dip to buy in altcoins.
You can make some profit on altcoins then going into June and July. So, we're at this pretty important pivot point, I would say, over the next one month and over the next three days for cryptos.
So, if you're like, "Okay, I've got some money here. My banks have gone up on this relief rally and I would like to play around in the market, uh, make some money over the maybe I missed the the 60-day cycle we're currently in because I didn't get into the crypto mindset course, but I'd like to play the next one." We'll be doing that live here on the show with you guys. So, we'll be holding your hands uh on that and uh giving you some guidance along with that. Um, but there is a good chance that we could do that, right? um or and if it if we do roll down then what's the other thing you can do to basically save your bags? The other thing you can do is sell more into USDC during this type of counter trend rally to basically hold more stables for when more downside does come into the expected four-year cycle low in October.
So because the next uh three days will determine you know kind of are we more risky for altcoin season or are we more bullish on altcoin season. If we go up here for the next few days, we make more money in crypto, but then also we become a little bit more bullish for an alt season going into July. Um, so, you know, if you want to make more money on the relief rally and then sell out into stables for that move to the downside some point in the middle of the summer, um, then, you know, the next few days is really important. Um, but then really the period to kind of protect your bags is, uh, that last week of May into the middle of June there. That's going to be another period to really be paying close attention to make sure that um you can be active somewhat active in the market and you know prune your portfolio situate it a little bit better than what you had maybe uh the last uh 6 months but um yeah I would say price action here is at a very much of a tipping point. Uh so just FYI on that. Um, let's go into the altcoins here today and see what prices are moving and shaking in the general market. We have 277 trillion in total crypto market cap um right now.
So, that's is pretty decent compared to where we've been. Um, on the upside, baby, we talked about stable um going to 4 cents this quarter in the crypto mindset course. Uh when we were in the course, uh we'll take a look on the chart, but when we were in the course, it was a little bit around 2 cents at the time. So almost a 2x there um for that coin. It's been a slow but steady mover. Uh that's the only one pumping today. Dumping nothing dumping more than 10%. Interesting to see Ono dumping a little bit here because that has actually gotten a lot of play here.
So Wall Street coins are dumping a little bit. Ono and Canton. Interesting.
Interesting. And Wall Street is related to Pudgy, too. So, um, kind of interesting to see some of the, even though they're not big percents to the downside, Wall Street may be hedging a little bit here going into the end of the 60-day cycle as well. Um, let's go down here.
Also, just because it shows up here, Venice token, we talked about this in March extensively prior to going into the crypto mindset course. If you'd watched our Friday altcoin streams, uh, we said that at the time was around $555 or right under six bucks. and we said it would go towards 10 to well 12 to 16 bucks. It's right at that mark right now. So, if you did that play, congratulations. The Friday uh crypto request show for the win. Um but let's bring up the lower caps along with us here. Um since there's not as many coins moving today because they're waiting to see what Bitcoin does. We have quite a few on the lower caps. um above 15% though. We got Bill, we got Telcoin, we got Unibase, SkyAI, and Pyiverse, which sounds like the most innovative uh financial instrument to ever cross uh this great earth. Um to the downside, Fartcoin and um Hash. So, not too much on the downside there. But let's take a look at these ones that are moving and shaking here in the market today. So, stable stable to the upside, baby. Uh where was it? It was right around here. Yeah. So, at the very beginning of the crypto mindset course, this was a coin we were bullish on. The CCLgo um was also bullish on it. It looked like it was basically in an accumulation range here um which it looks like it is. And that was at about two and a half cents. a little bit higher than what I had remembered, but about 2 and a half cents here. Maybe it wicked down to like 2 cents within one of the days here. Now it's going towards 4 cents um which is uh the target that we said it could go to on uh the Q2 Excel sheet for the top 60 coin webinar.
Uh and this could continue up. So stable's not looking too shabby right here. Um we won't put on the buy sell signals here because we'll keep that for the CMC. But let it let's see here. um starting to hit its Ballinger bands and starting to move up here. So, I would really not even look at this previous price action on this crazy ass wick here. We'll look at it on one other exchange to see. Um but yeah, you can go here on Coin Gecko and you can see this has been out since December of last year. Um this has all price action basically. It came down, hit its low, came up and then as soon as it had a 12week moving average, that's bullish.
holding that as bullish which is why um we said in early to mid April that's a good area to consider buying. it gave its confirmation on its buy signal coming up to the previous high and now it's slowly gaining from there right um so if you were late to the party maybe you bought it at 3 cents um now can this continue up I don't know um I think it'll hold that 12week moving average at least for now while it's bullish but stable is the um what do you call it uh tether related blockchain so uh this is why I'm looking at it on Bitfinex because Bitfinex was one of the exchange or the exchange that basically um supported Tether um on its buildout in the early days. And so stable is not looking shabby at all. Continuing to move well in uh basically since December when everything else has been kind of choppy to down, only up since uh since April, right? Um to with any significance, stable's been up majority of this time and um yeah, it's continuing. So, I like this because we're going to talk about stable coins and how they're taking over the market um for crypto here um going forward a little bit, but stable coins absolutely uh are going to be a huge part of the financial system over the next few years, which we mentioned with the Genius and Clarity Clarity Act passing has a lot to do with that. So, you know, the biggest stable coin company in the world, US Tether, USDT, right? Tether um with the most backing, the best making the most money in that whole space.
They've basically started um working with the United States government to make sure that they're regulated properly. Um them coming out with a layer one that is supposed to make sending stable coins cheaper. Um it's probably going to used decently and so um yeah, I like that project. Um Ono looks good, too. um long-term, but I trade this coin more than I would buy it because um it makes these good runs of 3xs or so. Um so far, this one's from 26 cents to getting towards 50 uh or got towards 50 here on the most recent pump.
So, not quite a 2x yet. This one here, I expect, let's say the Bitcoin 60-day cycle high is in. This one hit 45 cents, pulls back probably down to 35, maybe down to 30, something like that. And then if Bitcoin is looking positive going into June, then this probably can come up again. So this one might not be a bad one to buy on a dip because if it did do let's say not even a 3x, let's say a 2x, it get to 50 cents, you buy it at 30 cents, you know, that's still good. My suspicion would be if the Clarity Act does pass within this summer, this gets a very nice boost from it because this is where the majority of real world assets um from Wall Street are currently being traded. um where I would say Wall Street kind of likes this. This and Canton are two of the more popular um what do you want to call them protocols um that uh Wall Street is using in crypto. So like I said once does something like a two three or 4x though from from 25 cents I don't think it'll get past a dollar. I think it'll get profit taken on within the summer.
So not a long-term hold for me but a good trade. Why? because I do think you'll get more volatility to the upside with Bitcoin and Ethereum over the long term.
Bill, this one has been continuing to manipulate itself to the upside here. We saw this one at some point last week. Um probably around 78 cents. It's at 19 cents now. Sometimes it pays to just buy into manipulation, right? Or a very uh low cap coin. Now, at some point, this will absolutely nuke and uh just like the midnight chart, uh it'll probably go lower from where than where it started, which was 3 cents. Um so, be careful, right? This is like playing with fire a little bit. It only has about a quarter of its supply out, which means, you know, first of all, um people who got this run are going to take profit. Once that once Bitcoin returns back down to the downside and altcoins are not as good anymore, this could um give back a lot of its gains.
So, um, if you got into this early or if you made a 2x plus on it, take back your original principle for sure. Uh, and then let it ride a little bit until you start seeing it stall out and then take the profits and run. Um, you can look at it later, you know, once more altcoins bottom out, but um, for now, right, it has more risk than anything. Telcoin here trying to prove that it's still alive technically. I mean, long-term wise, right? So, it had a good run here on Telcoin in 2020 to 2021. Had a great run and then died massively here going into 2022. Uh, and then it trades sideways, but it does have higher lows.
So, so far that's doing well for Telcoin. I would say if it got down towards this maybe one and a half cent mark, it's at almost three 30% of a penny right now. About twice that. if it were to get down maybe maybe another 50% crush from current price. Uh that would be a potentially a good buy if you did like this for a swing move. Um but it is trying to kind of come out of the doldrums here. But every time it's done that in its most recent move, it has returned to the downside. Um not a huge amount of fundamentals that back this either. So I would say Telcoin eh uh unibase.
This one is a Binance coin. A lot of Binance coins have been pumping into the top 100 recently. I do think this one will give back its gains at some point as well. It's only been around here since September of last year. Went sideways for quite a while. Then, yeah, made a move from early April, what it was close to 2 cents. It's now at 16.
So, crazy good run here. Um, if I'm looking at this from an Elliot wave perspective, you have your wave one, two, three, four. You're going into your fifth wave. uh basically the top of your main move to the upside and then you come down at least back into this area which would be 11 to 12 to 15 cents. You probably come back into that area where after you peak out on this um so um you know not going only up and to the right but what is its elevator pitch?
The first high performance decentralized AI memory layer EMP AI agents with uh long-term memory and interoperability.
Okay, so AI agents on uh it looks like the base or sorry it looks like on the uh Binance blockchain um Binance Smart Chain, right? So maybe one of the better AI projects in that area. I'd have to look more into it, but um looks like it has some promise. So um I wouldn't want to ride the rest of this wave up. I'd look for it to come back down to at least uh 12 cents before considering to jump in on this. If it get goes away without me, it is what it is. But it's proven here throughout April and early May that it is uh does have some positive ability to pump here.
Sky AI, I believe this is also Binance Chain Project. Yep. Um similar one. It's pumped here since the end of March.
Looks like from four and a half cents.
Sorry. Yeah. four and a half cents to uh 72 cents. So very crazy run. Uh this one I said at some point will pull back strongly probably before a dollar being that kind of psychological level, right?
So if it pulls back before a dollar, I could see this pulling back decently maybe back down to this 20 cent area, maybe a little higher. Um but it's at 54 cents right now. This is also something I would not chase. Don't let the FOMO get the best of you. Pyiverse uh the most innovative blockchain ever to grace this earth. Um started at in November of last year started at 13.5 cents. It's at 92 cents now. Most of it I would say if you paid attention to this basically it's on a 2x from the low that it had in April where probably would have been a better time to buy then rather than originally. What is Pyiverse agent runtime and A2A commerce for so agent to agent that's a new one right agent to agent commerce for web 3 t-wallets AI gateway the skill store infrastructure for agents that trade with each other so yeah basically trying to make trading bots that um are smarter than your average bear um I think that'll get a lot of attention especially in a bull market so it might be something worth paying attention too.
I'll give it a follow here. But um you want, you know, if you own some of the token, it's like you own some of the degeneracy that people are doing on chain. But um yeah, like it's a little tenuous here. One, it's on Binance Smart Chain, which tends to have a lot of pump and dumps, right? So if you're on the pump part of it, take profits, right? Um but at some point, it will probably dump back again here. But, you know, if it actually gets some traction within the chain, it could take hold here. So, not not terrible, but also not the best fundamental use case um for coins. So, um let's see here. Super chat not working.
Really? That's crazy. Uh Cap Capavic uh says, "Sorry, Super Chat not working.
Mind looking at a DGEN play and DV on deck screener. Um, we're not taking coin requests uh as of yet today. Um, we do usually do that on Friday. Um, but um, if we have I don't think we'll have time. I'm gonna u be rounding things off here in a little bit. But, uh, jumping into the Citadel and you can ask those questions all day every day. So, come over here to cultivatecrypto.com/shop and jump into the Citadel. So, now that we've looked at some price action, let's take a look at a little bit more what is going on in the world of crypto news here and then we'll round it off here for today. Um, we will not do memes today.
Oh my god.
>> How dare you?
>> But, uh, they will be back tomorrow. I swear. Um, so this here was uh the approval of Kevin Worsh confirmed as a member of the Federal Reserve Board of Governors. So he is not the chair yet. I think that will come on Friday. Um, but he was passed here um 51 to 43. Uh, and I believe his tenure is set for 14 years. So unless he leaves early, we're going to be stuck with this guy for 14 years. I think we had Jerome for maybe eight, maybe 12 max. Um but uh yeah 14 years is a long time that this guy could just be chilling in that position you know um not a not a bad job. So Kevin Worsh better for crypto better for the markets at least in the short term here uh than drone Paul. Dr. Paulal had done a good job for different periods of time. Specifically, you know, I would say 21 and 2020 to uh through 2023 was probably his best area. After 24 and 25, he started to lose it a little bit.
Doesn't mean we're friendly with the Fed though here. We still own Bitcoin. We still want ourselves sovereignty. We don't want our money always manipulated by the Fed. And uh this is a really good ad on why you should probably own some Bitcoin. If a Bitcoin was the size of a quarter, all 21 million of them would fit inside a single shipping container.
But to fit the dollars the Fed prints on average every day, you'd need 72 shipping containers.
Each year, you'd need 26,280 containers.
And to fit what they've printed in the last decade, well, you need a lot more than that.
Nice ad, Coinbase. Nice ad. But I mean, look at that [ __ ] Let's scroll back here. Right.
This is I I don't even think you can see it. You have to take down the the banner there.
There we go. You got right here. This is all the Bitcoin that exists versus the money they've printed in the last bit of time, the last one year, the last like what half a decade or a decade or whatever they said in the ad. Like crazy. So just this shows visually Bitcoin is extremely limited in supply.
You might want to own some. This is I would say a very good ad. If you were to say to anybody, Bitcoin is going to go a million one day. Show them that and they'll be like, "Oh, I get it now." Um, but we wanted to talk a little bit about, you know, uh, if we have Iran and the straight of Hermuz, uh, or Iran letting the straight of Hermuz open up a little bit more here going into some point this summer, right? That would be a little bit of peace in the Middle East. That's good for market prices.
That being said, Binance had been kind of cozy a little bit with players that they weren't supposed to be. Um, which is why CZ did go to jail for four months in the United States. Uh and so now they're getting compliance demands from the US Treasury to stay compliant because Iran had had some money going through there apparently. So um pressure on uh Binance exchange is intensifying.
Treasury uh is requesting compliance with the court imposed monitoring agreement. I think the amount of bitcoin or sorry the amount of crypto that had gone through their exchange because remember for the straighter Hermuz um they had said hey to get your ship through here it's going to cost you 25 bitcoin or something along those lines right um and so uh what are they going to do with that they al Iran also mines bitcoin right at some point they might try to sell that into dollars on an exchange which the United States doesn't like because they like to be able to sanction Iran and so getting Binance to comply is is what excuse me they're looking for here. So the the quick and dirty of it is the Treasury Department sent a letter to Binance demanding the crypto exchange comply with its government imposed monitor monitoring program. The request comes in the wake of reports that more than a billion dollars flowed through by Binance to Iran uh Iranian linked entities.
So uh yeah, I think the United States is going to take notice here just a little bit, right? Um, so Binance has disputed any reporting of sanctioned evasions and denied retaliating uh against internal investigators. The exchange claims it is fully cooperating with the independent monitor and working to improve transparency, compliance, and response time. So, yep, they're working on it.
But uh the Wall Street Journal because uh CZ uh who is uh runs Binance or had been running Binance uh who started Binance, right? He had tried to buy Forbes at one point and Wall Street Journal didn't like that. I think he also tried to buy them out at one point and so they've always been uh trying to do hit pieces on them. So they are kind of trying to put a little bit more flame to the fire now that they got this request from the Department of Treasury.
Um, so yeah, you're you're going to see a little I would say if we're in a bare market, which we are, right, and we were to see some crackdown on Binance from the United States government at some point because of what they're doing with Iran, that could be enough of a negative move macrowise on Bitcoin um to kind of bring us into that four-year cycle low.
That is just something to kind of watch out for around the corner possibly.
Also, different things to watch out for around the corner are crypto, stable coins, and AI mix, right? So, AWS, Amazon Web Services, taps, Coinbase, and Stripe to power USDC payments for AI agents. So, Amazon wants AI agents to be able to buy different things across the internet, probably off of Amazon as well, right? Like, hey, I didn't know I needed this. My my agent said, "Hey, Charlie, I reserved uh this item on on Amazon for you. do you want me to officially buy it? Or they might just go and buy it for me because they know what my my needs are or whatever. My AI agent goes can buy it through uh Stripe or Coinbase on Amazon uh or just through their web services and basically through their service for other types of um payments online as well. Um that's something that is big. So, Stripe, they had been dabbling in Bitcoin and crypto back in the late 2010s, but stopped doing that until it was regulatory compliant, which is why they're getting back into it now. Um, but yeah, you have some of the biggest tech companies here um being like, "Yeah, this is going to be a thing."
Speaking of, you know, how crypto users are moving their money differently from previous cycles using stable coins, this is a cool stat. 28% of Binance users keep at least half their portfolio in stable coins. Now in 2020 that figure was 4%. In emerging markets it's 36. So crypto exchanges are becoming um better savings accounts. Uh also I would say this is also why you have a little bit more stagnancy in the in the crypto prices overall because people are just holding stables more than they're holding um Bitcoin or Ethereum. Not exactly in every portfolio but um because they're increasing the amount that they're holding in stables. That's just more money on the side that will come back and push the market up later, but for now that kind of um what do you call it? Just takes away buying pressure uh or or even holding pressure.
Stable coins are on track to become the world's largest payment rail here. Uh, Binance re research shows stablecoin volume is now nearing $8 trillion, surpassing Visa, putting a crack uh and putting it on track to overtake AC transfers, the network used uh for US payroll bills, direct deposits, and bank transfers. And stable coins haven't even taken over the market yet, right? This is just the beginning. Uh we got Sami in the chat with the 279 Canadian saying, "Sup chat test. Appreciate you, sir."
Um but yeah, you see stable coins here in orange remains all the way [ __ ] down here in yellow and uh light brown visa, dark brown a stable coins are past the amount of visa here and and going uh towards a. So yeah, definitely crypto definitely taking over traditional industries here.
Google is also getting in on the game here. So, Google Cloud uh with the Salana Foundation roll out new pay as you go systems for AI agents. So, kind of the counteract to what AWS was doing on the other side there.
This is interesting because most of DeFi, right? So, stable coins are a product of decentralized finance. Okay, that's where we originally got Tether and other things because Ethereum existed. Most stable coins weren't existing before Ethereum basically. So Ethereum came out, stable coins came out, most of DeFi is on Ethereum, but over time here as Wall Street and there's more mass adoption getting into crypto, you may see Ethereum lose some of its edge. So this was a quarterly report from Arc Invest, Kathy Woods company. And this is just interesting to kind of see in terms of real world assets where are those being placed. So right now B&B chain and Salana. So Binance and Salana gained real world asset market share at the expense of Ethereum um reducing Ethereum's dominance to 56%. So Ethereum is still highly dominant there. Ethereum L2s are another 6%. So you could include that with Ethereum saying about 61 62% of uh real world asset uh exchanges are still happening on Ethereum uh or and what the Binance chain is probably number two here. Base chain is only 1%. So that's going to grow massively at some point.
Um because there's going to be a lot of onboarding through Coinbase and it comes into DeFi that way. And then Salana is a cool 7%. That's probably where Bass is going towards. Um probably going to go towards where Salana is first. Maybe the Ethereum layer 2s uh and so on and so forth. So Ethereum losing a little bit of market share here, right? So they say here on the side, Ethereum hosted 15 billion in real world asset value, representing 56% of the 27 billion in total public blockchains, down nearly 800 basis points quarter over-arter, right? So not a huge loss there for Ethereum and only on the quarterly basis. Um now that being said, only 27 billion in total public blockchains in the real world asset space. You're going to see that in the trillions um in the next six in the next fouryear cycle, right? So, uh I would say 10x the amount of real world asset um maybe more maybe uh a lot more um possibly uh within the next two years because remember Paul Atkins was saying all US markets are going on chain. So this is going to be massive compared to where it was um before. But if we're looking at Ethereum um overall with DeFi, Ethereum right now hosts about 53% of all DeFi, which is $45 billion in transactions. So as we get the trillions coming in from Wall Street, right, it's some of it's going to go to Ethereum, some of it's going to go to Suie, some of it's going to go to Salana. Um but right now we have 7% Salana, BSC 6 and a half%, Bitcoin 6% uh of DeFi, and the others category being the bigger of these. So, Ethereum still holding its crown for the most part. Um, and I would say there's a lot of protocols still being built on Ethereum, but u you might see a little bit of market share loss here as Wall Street comes in. We'll see here. Um, we're talking about US treasuries on Ethereum. So, the market cap of tokenized US treasuries on Ethereum is is at its all-time high at$8 billion, up 100% over the last six months. Uh, so even though we're in a bare market, you've had twice as much, right? you've had uh from 4 billion to 8 billion in US treasuries come onto the market here in a bare market, right? So, uh once we get clarity passed, once we get um what do you call it? Real world assets going through the DTCC from July to October and stuff like that, you're going to get a lot more than $8 billion uh in US treasuries on Ethereum. So, Ethereum's dominance will grow in that sense.
Uh also Tom Lee is going to be a proponent of Ethereum along with Mr. Beast going to be you know through his fintech app going to be big promoters of Ethereum. And Tom Lee of course the the boy who cried wolf right uh says cryptospring has commenced. Maybe it has. I will be a judge of that going into the 60-day cycle low at the end of this month. Um there's a very good chance we have an alt season especially if we pump a little bit higher this week um as we said before. But um their weekly accumulation slowed to under 100,000 ETH per week um because they are getting close to that 5% of total ETH that they want for Bit Mine that right now they're at 4.3%.
Um and last week they bought about 27,000 Ethereum. So they could get more than that 5% they want. It'll be interesting to see if they stop totally once they get there or they're just slowing down as they get closer. Um, but they could easily have more than 5% of Ethereum if they wanted to, uh, by the end of this year. Uh, but it'll be interesting to see whether they, you know, really slow down into that or if they actually continue to keep this pace.
Um, talking about the DTCC, talking about real world assets coming on chain, tokenization, all of that into the next cycle. The beginning of that is happening um, onchain between uh, July and October. and chain link is going to be a big part of this, right? So, the DTCC builds out blockchain based collateral system with chain link integration. The platform token design tokenizes collateral on blockchain rails and uses smart contracts to enable 247 automated collateral management across financial markets. So, you're telling me if Chain Link goes down, baby, Wall Street's going to be like big time, right? So, uh, Chainlink had gotten into this position through the White House. Now, um, I would like to see more oracle services go through this type of situation here, too, because you don't want, uh, Miguel from Dollar Cost Crypto has talked about this quite extensively in the past. We don't want chain link being that um what do you call it central point of failure essentially with the rails between Wall Street and crypto here.
Uh you're also because if the Clarity Act does pass, you're going to get more of this which is being able to trade um different types of assets on crypto exchanges. So the future of gold and silver trading is on Coinbase according to Coinbase. Surprise, surprise. But um they're going to have PERS. So they're going to have perpetual futures which were created for Bitcoin in the crypto industry by BitMEX back in 2016 2017, right? Maybe as early as 2015. But they're going to do the same thing here now with gold and silver on Coinbase. So Coinbase basically wants you to come bring your money on their platform, start buying crypto there. Maybe they uh get uh some people who want to trade traditional markets a little bit too.
But for the the markets that they can't trade like this, then they're going to say, "Hey, go over to base chain um Ethereum layer 2." Um they're going to have a way to do that through the Coinbase app and then buy those real world assets that you want to trade 24/7 through the Aer Drrome decks on um base chain. So, and then you can do that through a drum on Ethereum as well. And so you're going to be able to and then you're probably going to be able to do Salana based stuff through a drone because base chain is going to allow that as well. So there's going to be a lot of interesting kind of movement here. But Coinbase is trying to diversify um along with Wall Street because they want to be more like a bank uh and people's introductory phase into crypto here in the next few years.
Um we talked about Ono earlier doing well. I think it's going to continue to do well especially if the clarity act gets passed. So own global markets crossed a billion in TVL in less than eight months after their launch and now control more than 70% of tokenized equity market. So as long as real world assets are are doing well uh ONO is probably going to do well. Uh in addition um they're expanding into Europe filing with the SEC and working alongside JP Morgan, Mastercard and Ripple on institutional settlement infrastructure. So Ripple's got their uh hands on this one too.
uh owned themselves or we're talking about um basically institutions um big institutions in Wall Street are starting to talk about tokenized stocks and talking about it on u because majority of the action is there right now. So from the Wall Street Journal to the Wall Street earnings calls ono tokenized stock has uh become a reference point for where capital markets are heading.
uh on Broad Bridg's April 2026 earnings call, their CEO described Ono Global Markets as the leading provider in the space. So the leading DeFi provider provider for Wall Street essentially. Uh two days earlier, Franklin Templeton CEO said Global Markets are key distribution partner. Um and a year ago, tokenization was a thesis that Trad was watching from the sidelines and now it's a main play going into the next four-ear cycle. So, Ono's definitely doing well um during these times. Zcash has been doing extremely well and they're going to roll out a quantum recoverable wallet within a month um to go quantum proof by 2027 uh allegedly. Uh so, Bitcoin no longer holds up as a cipher punk grade money.
It is meant to be according to Zcash um Zuko Wilcox, what a name um is what he said during this time. What else did he say? Um so the recoverable wallets quantum recoverable wallets within a month and aims to be fully quantum uh resistant uh within 12 to 18 months um alongside a push toward Visa and Mastercard level throughput. So um just a lot of transactions right uh the road map comes alongside the the Zcash rally uh which was fueled by a multi-coin capital investment and renewed interest in uh privacy focused crypto adoption is being driven by crosschain swaps into shielded Zcash via uh near intense and other upgrades with the shielded pool now holding about 30% of circulating Zcash proposals under discussion to cut block times and token uh holding holder voting. So Zcash is continuing to improve. Um if Bitcoin holds up well and all coins hold up well going into the end of this month, we get another run on the 60-day cycle going into July, Zcash will go towards $1,000 plus um at that time. So that's a 2x plus from where it's at now. Uh if we have an altcoin run this summer, um we have old man Jenkins in the chat throwing in a super chat saying privacy tokens um pseudo anom anonymous, right? more um private than Bitcoin and Ethereum. Um but probably back doors um included, I'm sure. Right. Um last but not least here on the bullish news here for today, we have Deli Digital tweeting out here about Morpho. Morpho continues to gra in DeFi lending. Um if we look here at the chart, um we have Morpho in purple. Um so it's the second biggest here outside of A. Uh and so it's basically a on um base chain. So if you think Coinbase is going to continue to get into DeFi as real world assets come about, then Morpho is going to get a lot of that lending protocol stuff. Um Arrow is going to get a lot of the DEX um fees and stuff like that. So those two are probably going to be pretty good projects. Um Morpho is one that we've been very bullish on um through the month of April. Um, if you guys were in the crypto mindset course, I think it'll continue to be bullish as long as altcoins are. But, um, this one, Morpho, may hold up better than a lot of coins in terms of its chart structure within this bare market. Um, but over the past year, Morpho's share among the five largest DeFi lenders rose from around 9 to 24% with deposits climbing from 2.87.5 billion. So, almost a little bit more than a 2x um in deposits. uh this growth stands out in lending markets that is mostly flat. So, we see a lot of this type of growth here in a bare market for crypto. And so, what do you think these trends are going to do once we get into a bull market next year? They're going to increase. They're going to be more pronounced. And coins like this, Morpho, Arrow, Bitcoin, Ethereum, Salana, right?
Um, Ono, others will continue to do well um because these narratives are some of the early narratives that we're seeing for the next bull market. So, um, definitely pay attention. If you want to understand all of this better, come over to cultivatecrypto.com/shop and jump into the Citadel. You can get that, uh, QR code there at the top.
It'll bring you right here. Um, or you can just go to cultivate crypto.com/shop and jump right into the Citadel. Um, you'll get immediate access once you are in uh to the uh CCLGO market dashboard here. you'll be able to look at Bitcoin, Ethereum, and Soul on the daily, weekly, and monthly charts with buy and sell signals from the CCLgo to help you out um understanding where the market is in terms of its health. Um so definitely come over here to cultivate crypto.com/shop and jump into the Citadel. I'll throw that in the chat for you guys. We'll take a quick look at the chat and then we will end it here for today.
uh other privacy tokens I guess for Old Man Jenkins, uh Monero is getting some um bump up from uh the renewed interest in that. Um but those two are kind of your two biggest ones right now. Um Halo 7 apparel with the 499. Uh shout out to you. Good to see you jumping into the moon gang. He said, "I got 15K $15,000 saved in USD USCD or I think USDC, right? uh after after saving for a full year post college graduation.
Congratulations, man. And glad to see that you're you're doing business on the internet as well, it seems. Uh I'm thinking 50% uh Ethereum, 25% sold, 25% altcoins. Do I get it and get in now or wait? So, um you want to do a dollar cost average strategy over the rest of this year, right? So, you don't want to just dump it all in right now. I would take that 15K, divide it into depend depending on how you want to do it. You can divide it into monthly buys or weekly buys or bi-weekly buys, whichever within there works best for you. Um, but yeah, buy, you know, you're you're kind of right on the percentages. I would say because Bitcoin is running this market and Wall Street is involved with it, I would add Bitcoin to that, right? So, if you're like 50% ETH, you could be maybe 20% Bitcoin, 30% ETH. 25% soul is aggressive uh a little bit but that's aggressive in a good way I think because Salana if it gets a challenge this cycle it's going to get a challenge um probably from Ethereum related projects so there might be you know some some battle there between Ethereum and Salana um so but I think Salana's already proven that it won't go away there's a lot of meme trading there there's a lot of action there right so I do think it's the third best coin so um I just get a little bit more Bitcoin because that sometimes does move better than Ethereum But Solana will will make uh some of the some of the bigger gains in the portfolio there and be easy to track.
And then 25% altcoins is perfectly fine.
Um just what do you call it? No more than five because if you have less than 5% in any particular altcoin, it's not really going to make a big difference for the most part unless it just went crazy to the moon somehow. And that might be more of a based on your income that you use that money. Uh this is like your savings money that you want to DCA in over the rest of this year. Um but uh any new money that you make, you might put into trades or you might put into long shots down the line. Um but for right now, yeah, you're on the right track. Just timing wise, you know, if you wanted to trade a little bit of this, that's up to you. If you're paying enough attention to the show in the market and you're in the Citadel and you have the CCLO dashboard there, that would help out specifically trading uh maybe Ethereum and Salana or Bitcoin, Ethereum and Salana, right? Um, but of that 15K, how much would you want to trade around? Uh, maybe max $3,000, no more than that. Right? So, if you were like, "Hey, I'm going to join the Citadel. I'm going to trade around $3,000 um to try to cultivate some crypto basically to make more USDC by the end of the year to be able to buy into more stuff." And then the rest of the 12K that you have left, you're dcaing. Um what over let's say over the next uh six months um so maybe like 1,200 a month or something like that, a little bit more than a,000 a month. And then as you earn more money over that time, right, and we're later in the year, you might uh you know get more um bullish and dump more in harder towards the end of the year. But yeah, you're on the right track.
Um, the Groper final boss says, "Have you taken a look at Griper coin?" No, I have not and no, I will not today, but thanks for the uh compliment there.
Uh, Black Label Expat says, "I like Coinbase this Coinbase ad a lot more than the bouncing QR code that they had on the Super Bowl." Yeah, they should have had that ad on the Super Bowl instead of the bouncing QR code. That's right.
The YouTube Elgo has not been good to us good to us not getting any notifications. Yeah, this is why you definitely need to hit the like button and subscribe. Obviously saw me you're doing that. Uh the notifications though sometimes just don't happen. So um Twitter Twitter is the best place probably to get when exactly we're going live. I tweet out probably about 5 to 10 minutes before we go live, if not just a few minutes before we go live. um on Twitter. So that'll if you turn on notifications on Twitter as it's like it's [ __ ] annoying, I know. But if you do that, you'll probably uh catch the show if we go a little earlier.
We're going to try to keep it to about the 2:30 to 3 p.m. Pacific start time here this week. We'll see how good we do at that.
Yeah, because Mario said I had to search for it live. Damn. Hey, at least you guys are getting in here, though. I'd love to see it. So, um definitely go jump into the Citadel, guys. Um the the market dashboard is definitely very helpful in addition to the show um to help you make uh understand where the market is. Appreciate you as well uh 7 apparel. Good to see you getting at it here when the majority of the crowd is not. So uh this is a time to be bullish when everybody is bearish and this is where we make the cornerstones and foundation to our citadels for the long term. So we'll see you guys tomorrow.
We'll have some memes tomorrow, but um we'll uh we'll jump into that stuff a little bit more here at uh 2:30 p.m.
Pacific, 5:30 p.m. Eastern. So, until then, guys, peace, live long, and prosper. We'll catch you all again soon.
Later.
And I feel so now you're just Well, Bitcoin is the best crypto asset.
Okay. What's the second best? There is no second best. There's no second best crypto asset. There's a crypto asset.
It's called Bitcoin. Right. Right.
There's no second best, okay? But take all your money, buy Bitcoin. Then take all your time, figure out how to borrow more money to buy more Bitcoin. Then take all your time and figure out what you can sell to buy Bitcoin. And if you absolutely love the thing that you're that you don't want to sell it, go mortgage your house and buy Bitcoin with it. And if you've got a business that you love because your family works for the business, it's in your family for 37 years and you can't bear to sell it, mortgage it, finance it, And
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