The Fed Just Flipped The Script On Bitcoin. MOAR DIP! + $62,500 BTC & $1,650 ETH - Ep.

[00:00:00][music] [music] [music] [music] [music] I don't even need your love. [music] You treat me like a stranger and I feel so [music] I used to know. [music] Now you're just I used to know.

[00:00:58]But when you go all in on something, I would say that does take conviction.

[00:01:02]Now, your conviction might be >> How many chairs are you sitting on right now?

[00:01:05]>> One.

[00:01:06]>> Are you all in on the chair? The point really is you put on one pair [music] of glasses. You've got one pair of of AirPods. Right now, you're looking at me through one screen. You're using one microphone. That's a one microphone.

[00:01:19]Like, [music] you trust it. Is that conviction? Seems kind of scary. Why don't you diversify? Why don't you [music] use 10 microphones? The point really is things in your life. Do do you drive in 10 cars at the same time or one car at one time? Do you drive down one street? Aren't you afraid that you're driving down one street? Do you take a different way?

[00:01:39]You know, uh so my point really is if you're an you get on one airplane, are you convicted? You put your entire family on the one airplane. Aren't you afraid?

[00:01:54]Well, Bitcoin is the best crypto asset.

[00:01:55]Okay. What's the second best? There is no second best. There's no second best crypto [music] asset. There's a crypto asset. It's called Bitcoin. Right.

[00:02:03]Right. There's no second best. Okay. But take all your money, buy Bitcoin.

[00:02:08][music] 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. [music] 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 that's in your family for 37 years and you can't bear to sell it, mortgage it, finance it, and convert the proceeds into the hardest money on earth.

[00:02:37]>> Hey boss, good morning. Good. How you doing?

[00:02:41]Listen, man. I'm not going to be able to make it in today.

[00:02:46]No, no, I'm not calling in sick. I'm calling in rich.

[00:02:51]Yeah, you remember those Shibu Enu coins that you laughed at me for buying? Well, I I bought a 100 million of them and wouldn't you know that damn thing hit a penny and now it's worth a million bucks. So, yeah, I'm calling in rich.

[00:03:06]No, I'm serious. So, I won't be in ever again.

[00:03:11]Hello.

[00:03:12]Hello. [ __ ] just hung up on me.

[00:03:16][ __ ] hater.

[00:03:18]>> You're late to work. WHO GIVES A [ __ ] [music] >> This year of life, [ __ ] [music] >> [ __ ] YOU, BOSS. I'M LATE. I BLAME. I blame. I [music] blame. I blame. What you going to be doing about it? I said I play. I blame. I blame. I blame. [music] I blame. YOU GOING TO FIRE ME. THERE'S NO ONE ELSE HERE, [ __ ] LAME. I'm lame.

[00:03:45]I'm late. I'm late. I'm late. [music] I'm late. You going to fire me? That's cute. Late late.

[00:04:03]>> Just shut up and let me enjoy this pain.

[00:04:06][music] >> Welcome to the pain zone. It's where we live. When I'm hurt, I I love it. I love that feeling because [music] it's real.

[00:04:18]>> You need to love pain.

[00:04:23]>> Be the guy who embraces the ugly, the miserable. Be the guy who embraces hard work, the grind. Don't be afraid of being hurt. Don't be afraid of sacrificing some blood. Everything else, happiness could be fake. Crying could be fake. But pain, [ __ ] that's real.

[00:04:44]>> However, mentally, physically, love it.

[00:04:47]You need to love it. If not, stay where you are, >> bro. Gambling in 2025 is crazy. I just bet that Israel would bomb Lebanon and now I'm up 400 bucks.

[00:05:02]Bro, just bet on Israel bombing people.

[00:05:04]Like, you literally can't lose. Like it's free money.

[00:05:06]>> Don't gamble.

[00:05:07]>> Oh yeah. Don't gamble money that you can >> I mean unless it's a lock.

[00:05:11]>> There's no such thing as a lock. That's [laughter] the thing.

[00:05:13]>> Unless it's a lock. If it's a lock.

[00:05:15]>> Oh my god. That's >> It's a little different.

[00:05:17]>> Broki. The market is so red. I thought my MacBook was bleeding.

[00:05:20]>> This is the end. Cuz yesterday I was a millionaire. Today I'm a slug.

[00:05:24]>> This is not a dip. This is a black hole.

[00:05:26]Every single >> I have no idea. This is not a black hole. This is the beginning of a big bang.

[00:05:32]>> Why is Bowski not paneling with us?

[00:05:34]>> Yeah. Why is he so unfal?

[00:05:37]>> The crypto is down 85%.

[00:05:39]>> Him broski. He's still in denial.

[00:05:41]>> Is it down by 85%. Or is it 85% off?

[00:05:46][music] >> Oh [ __ ] No gang. Not the hustler mindset.

[00:05:51]>> Not the hustler mindset.

[00:05:52]>> Bro said this circumstances, but you can change your mentality.

[00:05:56]>> Remember brothers, the market sends his toughest battles to his most financially literate soldiers.

[00:06:02]When the NASDAQ falls, will you give up?

[00:06:06]Or remember that no amount of setbacks defeat a qualified mind. You see a dip and start to sell. But I remember that sudden emotions lack logic. Down isn't permanent. So I invest more into the S&P because I was born to struggle and persist.

[00:06:23]>> Nand them. How does he this guy know something? Broki, was he in the board meeting with Donald Trump? So tell me brothers, when the crops go dry, will you sell your land [music] or sew more seeds knowing that the harvest will always return?

[00:06:38]>> He's really got that hustler mindset.

[00:06:40]>> Got that JP Morgan mentality. That's that quarters of discipline cuz Yeah, gang. [music] Rare few individuals that make it out cuz this guy's one of them.

[00:06:49]>> You may have noticed the crypto's crashing again like it did in 2022 and 2018 and 2013. You get the picture. But there's something different about this crash that you need to know about.

[00:06:59]Crypto has always gone through boom bust cycles, but now thanks to loosening regulations, people can buy financial products that give them exposure to Bitcoin and other cryptocurrencies through the regulated stock markets.

[00:07:09]They're called ETFs, and over a hundred billion dollars worth of crypto was bought by ETFs in the past 2 years, as the size of the market seemed to only go up. But in October of last year, after Bitcoin briefly reached an all-time high price of $125,000, investors began to take some risk off the table and sell their shares of these ETFs. The result, the price of Bitcoin and other cryptocurrencies has no dived.

[00:07:32]As of the time of recording this video, Bitcoin is down nearly 50% in just 4 months. So, what happens now? Well, we'll see how much actual money is backing these cryptocurrencies. When people sell their shares of the crypto ETFs, the Wall Street firms that issue them, like Black Rockck, turn to the crypto exchanges like Coinbase to actually sell the Bitcoin. But if there aren't enough buyers, then the price starts plunging. What's the floor? Well, zero.

[00:07:55]>> The only thing that I've seen from you that has not uh, you know, really panned out is the old Bitcoin statement. I still don't believe in Bitcoin, but as Jamie Diamond said couple years, not just to me, to the shareholders, if my customers want me to make a mark, I'll make a mark in if you think it's going to replace the dollar as the main currency. If you think it's going to be um like the national bank, that's just not going to happen.

[00:08:25]>> But it's happening.

[00:08:27]>> No. Well, no, it's not. So, it has two trillion in whatever the value is. But if you think that the Ford Foundation, [music] the Rocka Foundation, the Federal Bank Reserve, >> they're all buying it.

[00:08:41]>> They're 1%.

[00:08:43]>> Well, why would they want any if it's going to be valueless?

[00:08:46]>> Because it's it's it's an embarrassment clause just in case it goes to a trading, they participated. It's just so they're not totally embarrassed.

[00:08:55]Council has discussed crypto regulations and legislations at length and we have come to the conclusion that instead of regulating we are going to ape a fat bag each into laptop and pump it to over a billion30 million trillion market cap.

[00:09:14]Let's [ __ ] go crackheads.

[00:09:17]>> But [music] like most of the people who are buying assets at some point want to sell the assets at a profit. people people [music] that use fiat fiat currency [music] as a store of value. We call them weour. [music] We call them we people that use fiat [music] currency. We call them the poor. [music] We call them the poor. We call them the poor. We call them the poor. [music] There's a [music] name for them.

[00:10:01]We call them the poor.

[00:10:03]>> [music] >> We call them poor.

[00:10:10]>> Okay.

[00:10:11]>> Genuine question. Butt or boo?

[00:10:17]>> Bitcoin.

[00:10:20][screaming] >> The science guy. [music] The science guy.

[00:10:26]Bail.

[00:10:28]The science guy. [music] It's a serious car.

[00:10:33]>> Bail, bail, bail, bail.

[00:10:37]>> DO I HAVE YOUR ATTENTION NOW? DO I HAVE IT?

[00:10:45]GOOD. I thought so.

[00:10:55][music] >> [music] [music] [laughter] [bell and music] >> Oh no. I hope I don't fall.

[00:11:27]missing.

[00:11:28]>> You cried.

[00:11:30]>> There were tears that ran down my face, but I did not cry.

[00:11:34]>> I mean, that's crying.

[00:11:35]>> I would disagree.

[00:11:43][music] >> [music] >> I'm [music] [music] on me. Funky monkey bump it. Price jumping. Hopping [music] a new whip paid for by Punky. I'm just too lit. Somebody say something. A [music] monkey that look like a frog.

[00:12:20]Price look just like a dog. Full of some Chads and gods. Fers is mad. I bought worth to your mothers.

[00:12:24][music and singing] This monkey is doing a lot. Take out a hammer. I'm whacking a futter just cleaning the face. Jumping on Twitter. Take over the [music] space.

[00:12:30]Punky is pumping increasing [singing] the pace. A monkey that look like a frog. Pay for my flight to Prague.

[00:12:35]Touchdown. Pony Lamborghini. [music] Rental in the [singing] garage. She's on my pony. We had a minaj. No, she not cuz I'm too picky. That's why my portfolio is long as a blog. All about punky and why that [ __ ] rocks. Punky take [music] over the block. Watch on me. Funky monkey. Punky pump it. Price [music] jump it. Hop in a new whip. Paid for by Punky. I'm just too lit. Somebody [music] say something. Punky on me.

[00:13:01]Funky. Monkey. Punky.

[00:13:04]>> You buy this for $39.99. Guess what, folks? You take the L away. You put a W there. Baby, you're a winner, man.

[00:13:12]You're the real deal. You're picking up chicks. Let me tell you something. You buy this set at $39.99. Baby, you're the [ __ ] of the walk, man. You walk into the bar and you just find the hottest chick and you go, "You, me." Guess what? She says, "Why would I go out with you?"

[00:13:26]Because I bought THE DEAL ON WILD WEST DEALS FOR $39.99. THAT'S WHY. She says, "Can I go home with you?" That's how simple it is. That's how it works.

[00:13:35]That's what this set brings to the table. Because you know what she sees?

[00:13:39]She sees a man who knows what he wants.

[00:13:42]She sees a man who says, "Good deals don't get by me, baby. I move. I act. I act quick. I ACT NOW. I GO TO WILD WESTSTEELS.COM. BOOM." That's why you're hanging with chicks all night long.

[00:13:55]That's why you got guys like Michael Jordan calling you want to hang out with you, baby. Because you bought it for $39.99.

[00:14:02]>> Hey, it's me, your boy from college who used to buy drugs off the internet. You remember junior year when I bought Xanax off the dark web? I paid for it with a little thing called Bitcoin. And the spare change from that is worth over $400,000.

[00:14:16]Look, I didn't know what Bitcoin was then, and I still don't now, but I'm [music] going to pretend that I do. I wasn't just doing illegal transactions on the internet. I was predicting the future, baby. This is just the beginning. I'm going to be the greatest investor of my generation. Period. Why stop at $400,000? [music] It's time to expand the empire to other rocksolid investments like sheep, Trumpcoin, Hot Token, and come rocket.

[00:14:43]Uh, today I'm very excited to announce that I will be setting up a GoFundMe. 6 months ago, I got a little carried away and I dumped my entire life savings into a cryptocurrency called POT token, which unfortunately tanked to a value of 0.00.45.

[00:15:00]We're gathering funds so that we can get right back in the game, baby. Guys, there is a huge buying opportunity on sheep. I [music] >> cards night with the other males. I [snorts] can't wait to get started. Let me know if you need anything else from me to make this night more fun.

[00:15:21]>> Just act normal, dude.

[00:15:22]>> All right, guys. I'll start acting more normal.

[00:15:26]>> Is that a wink? Is that supposed to be a wink? Ah, I can't tell if he's got the flush.

[00:15:30]>> Probably do.

[00:15:31]>> Actually, the statistical probability of him having the flush is under 9%. So, you're probably safe.

[00:15:36]>> Yo, stop. What are you >> Okay, >> so I'm I'm I'm in then. I should go in.

[00:15:40]>> Exactly. I think I'll be going in, too.

[00:15:43]>> No, this is unfair. This is stupid.

[00:15:45]>> Sven, if you analyze Ryan's face, you can tell he has a bad hand by that [ __ ] little wins he does.

[00:15:50]>> What the [ __ ] >> Wait, are you analyzing our faces this whole time?

[00:15:53]>> That's how you play poker. Do you not like the game?

[00:15:55]>> Yeah. No, but that's insane. such an advantage.

[00:15:58]>> Fold just like how I folded your mother over the kitchen counter last night.

[00:16:02]>> That's not [laughter] funny. No. Let me see your cards, dude. [ __ ] >> Stop. NO. TAKE IT.

[00:16:08]>> DUDE, STOP.

[00:16:09]>> WHAT IS WRONG WITH YOU?

[00:16:10]>> My strength is vast.

[00:16:11]>> Sorry I'm late, guys. I was buying beverages.

[00:16:14]>> Dude, what the [ __ ] is happening?

[00:16:16]>> Ben, how is your card?

[00:16:18]>> You should sit down.

[00:16:19]>> You should play. I >> It's okay. I'll talk at the same time.

[00:16:24]>> You don't Maybe speak What the [ __ ] >> bro? You know what's crazy to me?

[00:16:31]>> Humans have so much trust in their government.

[00:16:34]>> Oh my god.

[00:16:34]>> It's actually like kind of sad.

[00:16:36]>> It's kind of pathetic. It >> It is. You know, because like over so many years and decades of time, the government just continues to lie.

[00:16:43]>> Keep lying.

[00:16:43]>> And humans are like, "Oh, another lie.

[00:16:46]Another lie. Thank you for the lie."

[00:16:49]>> It's crazy. There's receipts. More receipts than ever. And then people are like, "Yummy. Let me have some lies."

[00:16:55]Oh, yummy. More lies.

[00:16:57]>> Get a side of lies with those lies.

[00:16:59]>> Put your lies up my little human butt.

[00:17:01]>> M. Put it in my ass.

[00:17:03]>> You know, humans already have it bad with their like processed cheese and their vegetables and food, maybe pesticides and poisons.

[00:17:09]>> Literally, the last thing I need is people in power that they put in power coming in and saying, "You get less rights. You get less amnesty. You get less of your own fake money that you've earned from HARD WORK." WHY? WHY LESS?

[00:17:20]>> You know what they put in their silly little human documents? They actually gave people the power, but they've given all of that power away.

[00:17:26]>> It's wild.

[00:17:27]>> It seems as though they're okay with that.

[00:17:29]>> Like, should we just take over and set things right?

[00:17:36]>> Soon, soon.

[00:17:37]>> Yeah. [laughter] soon.

[00:17:40][music] >> You treat me like a stranger and I feel so love.

[00:17:58][music] Now you're just I used to know.

[00:18:04]>> [music] >> All right, good morning, good afternoon, good evening, and good night here from Las Vegas, Nevada. Hope you all are doing well and having a good day wherever you may be. We are here with episode number 964 of the Cultivate Crypto Show. Uh, talking about the Fed just flipped the script on Bitcoin and price is uh going down here to the downside. So, we have more dip to come. So, um we're going to be looking at the Bitcoin price here today, uh among a lot of other things.

[00:18:40]Um we're about a thou we have an hour and 40 minutes left till the Bitcoin daily close and essentially Bitcoin has uh to go up $1,000 or actually no my bad more like $800 um which it has needed to go back up to that level for the last 2 three hours.

[00:18:58]it basically uh is not able to muster that. So it looks like we have Bitcoin on a pretty decently strong sell signal uh going back in to uh find some more lows for this current left translated 60-day cycle. So um we'll talk about the implications of that here today. Uh which part of which will be alt coins are likely to be hit hard. So, just FYI, the stronger your coin has been for fundamental or technical reasons, the more it'll probably hold up better than other cryptos. Uh, Aerome is an example of something like that. Um, doesn't mean it'll hold up a lot, but it'll hold up better, right? Um, versus, you know, some altcoins who haven't that haven't held up at all, if uh they still have sell pressure, then they will uh probably tank pretty hard uh going into the month of July. So, we're going to talk about that here. But why is that, right? The main thing is the re uh salon to 55 bucks. Yeah, at some point in the bare market, yeah, I would say the two shots here for some of the best prices in my opinion this cycle outside of a DCA uh will be the second half of July, so let's say end of July um to sometime around Halloween. those two areas of uh price or time, right?

[00:20:20]Those two areas of time in terms of ends of 60-day cycles or close to them, those areas might be your best opportunities for like big dynamic DCAs, aka a giant, uh dump truck of money coming in basically. So, uh so a lot could go lower than 55 actually too. We'll look at prices uh of what we expect for the downside here on Bitcoin going into into July as well. Now, does that mean we're going all the way down to, you know, 55 52,000 tomorrow? No. It's going to take a while. Um, but we're getting we're in for a lot of chop here in the second half of June. Uh, part of that, most of that, like I said, is because of uh the Fed basically saying, "Hey, we're going to give less forward guidance, right?

[00:21:04]We're not going to give you guys as much information on what we're going to do in the future." And half of our panel uh or basically what nine out of the 18 uh people or governors uh related to the Fed basically are all pro increasing uh rates or hiking rates at one point this year. So that's 50% right flip a coin on how likely it is that rates uh get hiked at some point this year. Now the other thing is the situation with the US and Iran. A peace deal a peace deal is of course good but it's um how do you say I don't know just it's a I don't know it's a big freaking >> you want some PANCAKES >> on the face or something right? Uh it's just I don't know it's not a good look.

[00:21:56]So peace good. Yes. um making it obvious, right? Like which allies or which uh countries basically affect each other um very very strongly, right? Good that that is obvious now, of course, right? You know who your enemies are. I guess keep them close uh is the situation there. But um I would say obviously the difference between before we went into Iran, now that we are trying to get out of Iran, uh the difference between the before and after is everybody's just like, "Yeah, um why did we do that again? That seemed [ __ ] right?" And basically what it comes down to is Trump being um pretty much manipulated by Israel to start the war. Israel basically says, "We won't tell you guys, but we're going to take a 20% of Lebanon. Will you do that over there?" And then Trump's like, "Fuck, actually, this is hurting inflation. Uh, I'm not going to be able to cut rates like I wanted to." With Wars coming in on his first meeting, uh, [ __ ] I got to wrap up this this war because every time I talk about peace, right, um, the market goes up. So, all right, let's get some peace on the on the table, right?

[00:23:08]And he does, but everybody sees through the [ __ ] right? And so that's the problem uh in terms of how the market is reacting to it. The market's like, "Yeah, not great." The US uh what is it? The US national debt as well is like $7 trillion or$5 trillion, something absolutely insane. Um and it's getting worse and worse and worse every single year. So there's a lot of different reasons basically in the market to be uh somewhat bearish right now. But Trump's like, "Oh yeah, but look at the stock market's hitting a new all-time high.

[00:23:42]It's like, yeah, because there's a lot going on there, sure, but that at some point this year will roll over, too. And I guess um kind of, you know, we getting we're getting the scenario that we mostly expected. It's just we wish we would have gotten the other scenario where, you know, uh an end of pe end of uh war peace deal with Iran actually ending up more positive for the United States. Um and then also I would say uh a little bit more clarity from Wars in terms of yeah, you know, I'll try to not rate uh hike rates this year, right? Or I will try to at some point find a way to cut rates at some point this year.

[00:24:23]But saying something along the lines of he's more um bullish essentially um would have been good. But yeah, I don't think, you know, with where inflation's at, where the Fed sees it at that that was really an option for them at all. So kind of Trump by going into Iran, I mean, that was the biggest mistake I think so far of his presidency. And um yeah, it's kind of getting a lot of blowback on different countries. And it's like there I can't even play I can't even show all the memes that there are uh today because there's just too many especially uh related to geopolitics. But um I think one of the memes, what was it? It was something like um oh yeah, Trump, can you come and invade our country too and then just, you know, blow up a few small cities and give us $300 billion, right? Like, oh man. [clears throat] But um there are some countries that actually do that deal, I bet. [laughter] Uh there probably are.

[00:25:21]But um yeah. Yeah, exactly. Uh Chepe says, "Sheesh a trillion in debt."

[00:25:26]That's Yeah, not good. five trillion at least, right? Uh I think I'll have the exact number a little bit later.

[00:25:34]Uh Ecliptic sir says uh are we still having a pump for AI coins in a few weeks like Tao VVV? So we'll take a look at a couple of those here today if you could kind of star that comment Kyle uh for a little bit later. We'll look at those. VVV maybe because it's kind of in its own it's not 100% in its own bubble but it's kind of acting on its own a little bit more. Uh, Tao will basically react to Bitcoin. So, Bitcoin going down will drag most things down with it. Um, yeah, Sami up there says the peace deal is flimsy as hell. Yeah. Yeah, pretty much. I think already because Israel's still in Lebanon, uh, which that that meme here is so [ __ ] accurate, bro.

[00:26:22]Holy [ __ ] Um, it's like how much money would you have made on poly markets just with this?

[00:26:28]>> Bro, gambling in 2025 is crazy.

[00:26:31]>> I just bet that Israel would bomb Lebanon and now I'm up 400 bucks, bro. Just bet on Israel bombing people.

[00:26:40]Like, you literally can't lose. Like, it's free money.

[00:26:44]>> Is it wrong?

[00:26:46][laughter] You may not agree with it uh in some ways, right? But it is correct.

[00:26:52]And so, yeah, Israel basically messing that up because Iran's like, "Well, as long as they're still doing that, that basically is the first out of what 14 things that they agreed upon that's not being um adhered to." So, they said, "Yeah, you know, this electronic peace deal, you didn't meet us in person for it." Yeah, [ __ ] that [ __ ] All right, bomb some cities. [laughter] But they haven't shut down the straight of moose again yet. So, if that happens, then what do you think is going to happen to price next week, right? Uh those markets will go down. But um let's see here. Um here's some of some parts of the deal basically with Iran. And I know some people are like, "Damn, like I don't want to have to talk about politics when it comes to crypto and stuff like that."

[00:27:36]Oh, baby, it's going to get fun when you see what the Fed uh has proposed about uh identification through stable coins, my friends.

[00:27:47]The Fed when it looks at stable coins and crypto right now is like [laughter] they're looking to get all the data, baby. Um, unfortunately, but we'll get to that. Um, so, uh, one of the some of the details here is the Trump administration will be providing Iran with access to $6 billion of frozen funds to buy humanitarian and non-sedient goods from the US. So, the US out of 300 billion gets at least six billion back. though you know a win's a win. [applause] [applause] Uh details include the move is being discussed as financial uh incentive to ensure Iran commits to the deal. Funds will be released in phases starting with in the 60-day ceasefire extension. Funds will also be contingent on Iran reopening the straight of Hermuz. The Trump administration will also grant a waiver to allow Iran to export oil for the duration of the 60-day period. The deal aims to terminate all types of sanctions on Iran. Um, cool. And also, I think with now the fees that Iran is able to um, basically put on the straight Hermuz as a toll, um, they'll probably average about $10 billion a year.

[00:29:03]Not bad for them. They can buy some a good chunk of Bitcoin with that. A good chunk of Bitcoin.

[00:29:11]And I never thought I would play a Hillary Clinton clip, which I thought was actually useful outside of the memes, but she actually has some pretty good insight when she was uh what the Secretary of What was she? The Secretary of I can't even remember. Or she was, what was she in in Obama's cabinet?

[00:29:30]Secretary of State. I think that was Secretary of State. Yeah, it was like the same as like uh can't remember the guy's name. Um, yeah, she was secretary of state. I was right. Uh, the guy who was in basically said there was weapons of mass destruction. Um, I can't remember his name either, but Coen Pow, I think. Um, same position, right? So, she did have a lot of obviously uh international relations there and also during her pre or during her husband's presidency, right? Of course, heard a lot in the background.

[00:30:03]So, she's definitely clued into, you know, uh, the the secret society, you might say, but, uh, what do you call it?

[00:30:11]She's talking basically how Israel treats the United States here. Um, and I would say Trump would probably say the same if, but he can't admit it right now because it just makes him look so bad.

[00:30:22]>> Well, you're absolutely right. When I was secretary, it was a constant uh you know theme by uh Netanyahu and his then government, the then defense uh minister Ahood Barack, the former prime minister.

[00:30:39]>> It was relentless. It was a constant push. You know, I remember um >> what would he say to you?

[00:30:47]>> What >> what would he say to you? he would basically say um we need we need to uh you need to support us in attacking Iran. And back then this was you know 2009 to the end of uh 2012.

[00:31:04]We had more capacity than Israel did on several fronts uh to uh do that. Um, and so there was a a constant argument uh that we would have and and you know I remember one day um I was on the phone for hours with A-hood with BB with others you know and they would say things like you know our planes are on the tarmac and I'd say well good luck I mean great um why are you doing this?

[00:31:34]>> Where else would planes be other than >> but on the tarmac ready to take Yes. Um, well, no, they'd be in the hanger, but they were on the tarmac. Um, >> and you know, you would you would say things.

[00:31:47]>> So, you're saying you were they were you were you were being played >> all the time? All the time. I mean, >> by an ally that receives an enormous amount of aid.

[00:31:58]>> Well, of course. And look, Eve's been upset.

[00:32:03]>> So, the United States has been being played for years, right? uh in this sense by Israel whe whether it's Republicans or Democrats. Uh and of course Trump's not really going to admit that right now. Um but yeah, I mean where did Mcronone like say, "Hey buddy, come over to Versailles and uh or Versail or whatever the [ __ ] you pronounce it as in France, right? Come over here and uh why don't you sign this document that has some historical significance, right? Come on, buddy. Sit down." It's like at the moment I mean Trump looks so bad that I would say like yeah probably not pulling this deal through probably because you know how like right now if you look at the people who are voting for him who are voting against him and stuff right I think his approval rating was down at like 30% or something like that uh but let's say 50% of people basically voted for him and 50% of people didn't right um then there's 30% or whatever approval rating let's say 35% and then after just you know from something like this I that say, you know, like 8020 principle, you know, less than 20% of people, basically everybody's dogging him on it because it's pretty obvious, right, that um, you know, he got into it because of Israel and then basically was smart enough to realize we need to get the hell out of it, but then, you know, stumbles on the way out basically. So, not great overall and um, does make the United States, I think, position look weaker uh, to some extent. Um, just geopolitically, I don't think, um, like long term that's a problem by any means. I think the United States, you know, can reestablish that all that stuff pretty well. But, um, yeah, like even people I bet in Trump's cabinet, uh, like Marco Rubio and others are probably just like, [ __ ] like we should have not put ourselves in this [ __ ] Because I mean if you look at let's just look at the US in inflation rate prior to uh excuse me the war US inflation rate this is your CPI um we'll look at it here uh it's at 4.2 right now and prior to the war um in February at the end of February right it was right here at 2.4 four and it had been oscillating here between like 2.25 and three. So, as long as it's under three, pretty manageable and you could have kept it there right between that, you know, 100 moving average and 200 moving average here. You could have you could have easily stayed in that range.

[00:34:42]Um, but you know, you get the close of straighter moves, oil prices go up, inflation increases, boom, boom, boom, boom, boom, all of a sudden you're at this area. And then if you were down here, let's say we were at 2.78 or whatever number you want to choose here when Kevin Worsh had his meeting yesterday. Let's say that's where inflation was at is basically, you know, a cool 40% lower than where it's at now or whatever. If it was down below three essentially, um I would say yeah, maybe there would be a case for possibly cutting rates.

[00:35:15]Inflation's under control. Let's kind of try to stimulate the economy a little bit and boom, cut some rates there. Do it a couple times in the year. Inflation goes sideways. All is good, right? Um but that's not what's happening clearly.

[00:35:30]So that's one of the reasons here why the market is so negative, not only on the peace deal, even though that's a general positive um but then also um because of basically how that's affected the decisions of the new Fed.

[00:35:45]This was interesting from Ray Dallio. Um I'll play this part of the video um for a second here just because um this bull cycle I think all the stuff that basically Ray Dalios talks about in here um this next four-year cycle could have some slowdown possibly because of this. So let's take a listen first and then we'll explain.

[00:36:12]>> Where are we in the big cycle? What stage are we actually at? What do these events that we have seen in the real world actually say to us? And what does it mean for investors?

[00:36:22]>> We are on the brink. Uh particularly risky period um is between the uh two next two elections after the 26 midterm election and the 28 presidential election. I think that the monetary situation will be more threatening.

[00:36:43]Basically the US government spends 7 trillion. It takes in about five trillion. So it has it's 40% overspending.

[00:36:52]It has a lot of debt and the demand for that debt is falling. And it's falling not only because of the supply demand situation, the regular supply demand, but we're now in a world where even wars their worries of those who are holding do dollar denominated debt that they could be sanctioned.

[00:37:16]>> So yeah, we're losing customers essentially uh when you look at it in that way. And then, you know, between the next two election periods, he's saying we're at a area of high risk, you know, because of that. So, I I would agree and I maybe I'll look at the the fouryear cycle or like the uh what do you call Elliot wave count on Bitcoin a little bit later. But if you do, we have talked about this in the crypto mindset course um for Q2 where there is a possibility outside possibility, not my main scenario because we do have so much money coming in from Wall Street, but there is an outside possibility that you pretty much have one four-year cycle where you're pretty much in a range between that the four-year cycle low and um basically the previous all-time high or maybe a little higher but not by much or maybe a little lower but not by much, right? Where you range for literally four, five years, let's say in Bitcoin's case, between like 45,000 and 110,000.

[00:38:21]Like, oh, this is where that this is the type of information where we're looking at this and we're like, US government spends 7 trillion while only approximately five. H something tells me this isn't going to end well, [laughter] right? And it's just like um yeah, so I would say what do we want to take away from that?

[00:38:47]Because let's have the bull expectation in the next four-ear cycle of real world assets becoming a major thing for 24/7 365 markets, Wall Street getting heavy into DeFi, Ethereum going to new all-time highs, Bitcoin going to new all-time highs, uh trillions and trillions of dollars being injected basically into the crypto market. That is I still think the most likely scenario but especially for crypto whether you know uh the rest of other assets have their uh big moves or whatever I would say AI of course is going to continue to grow that type of thing right so I do think that's the main scenario but the outside scenario here is that there could be a lot of macro geopolitical macroeconomic geopolitical headwinds just that are out of the control of the cryptosphere right that just it's going to get impacted everything is going to get impacted regardless. And if that happens, then you have to be prepared to basically do more of a trader cycle than just a buy and hold cycle because buying and holding works great when you get the oversp speculative crypto cycles where you get these huge moves to the upside, right? And then you could just you didn't have to trade it. You just made some good chunk of money. You take your profits. Great. Now you have more Bitcoin. You have more Ethereum. You've cultivated some crypto, right?

[00:40:04]easy. Um, we're not likely to get that as much anymore as we have in the past simply because Wall Street is the main uh influencer uh of kind of market swings. doesn't necessarily create or uh what do you call it the the cycles in terms of uh fouryear cycles and stuff but it does impact them right so what I mean by that is you still have your monetary cycles and everything that uh are pretty much just put in place um that creates the four-year cycle uh biggest impact being for example the global liquidity cycle um and then mixed with the Bitcoin having basically right um you're still going to have all of that but within those cycles Right? Let's say you're in an uptrend, you have some negative news that slows it down. Doesn't stop it, but it slows it down. Right? And during a downtrend, some positive news happens. Again, it doesn't stop it, but it slows it down.

[00:40:58]So, you can have these types of impacts basically from Wall Street. Because we're having those, they can slow crypto down and speed it up at certain portions of time. And by them having the levers to be able to do that, right, we know that they're probably going to try to chop up a lot of people in the market, get people really bored. You know, instead of volatility and price to the downside, instead of giving people market pain that way, give them pain by boring them to death over a long period of time, especially during the bare markets, because that's kind of the bare market that we've received so far in crypto. Like the first third of it was pretty brutal. The last third of it has been kind of eh. we got some trades uh to basically cultivate more crypto and then the next third of it is going to be a mixture thereof. There's going to be portions possibly in July that are extremely brutal and then uh and back in October, November and then there's pos you know possibly some good trades within there I think August September.

[00:41:54]So uh that's why we have the crypto mindset course um enrollment in mid July and starting webinars the beginning of August.

[00:42:03]Um, so anyway, it's just good to kind of take all the all these things into account. And this is just hilarious here because um Jim Kramer had tweeted, "I clock SpaceX going up one point per hour." It's like he just wants to give it the kiss of death, right? It's just like what's what's the good um soundboard for that? Maybe, you know, that's what Jim's trying to do. The SpaceX chart, right? He says, "So, SpaceX lost 190 billion from its market cap after Jim Kramer tweeted, "I clock it going up one point per hour."

[00:42:36][laughter] You can't make it up. Let's go. Let's see where SpaceX is at. Um, I'm down at 180.

[00:42:51]Yeah, nothing too crazy. Uh, you know, comes up, probably comes down, chills for a bit, right? It's like a meme coin.

[00:42:59]Nothing different, right? But hilarious.

[00:43:02]Hilarious.

[00:43:03]So, it's actually down $10 from that.

[00:43:05]So, inverse Kramer wins again.

[00:43:10]Uh, this one I just thought was very, very interesting. It was a 2021 clip about a year uh and 3 months prior to Ethereum going to proof of stake uh going off of proof of work. and he was on the Lex Freriedman podcast um and actually gave a pretty good argument for why proof of stake is secure. Um so I just wanted to listen to it because it is important to kind of come back to fundamental information especially when Ethereum is getting really cheap. hasn't moved a lot in a few years. Uh, you know, but if you were to have traded Ethereum during the last the last four years essentially, you could have compounded a ton of Ethereum and made cultivated a lot of crypto, made a lot of money, just bought and held Ethereum, right? It's basically a break even. You haven't made you haven't really lost money. It's kind of like [ __ ] you know, like people get antsy and want to move it, right? But Ethereum um is still secure, is still building. And so I think this is a good thing to kind of jump back to and just uh compare it to Bitcoin because I think a lot of people are like you know Bitcoin is the only winner whereas you know if the real world asset space does take off Ethereum is going to get the vast majority of those gains. But I think proof of stake is very secure uh because in order to be able to attack the system, you needs to have like basically as much stake as the rest of the network, right? So that mean like right now, for example, we have 5 million ETH staking. So you have to come up with 5 million ETH and then join the network. And then the the other so five million ETH is a lot, right? It's like how much is it now? Like 15 billion dollars. So that's actually more than I I believe the cost of um attacking the Bitcoin network. And then the second thing is that recovering from attacks is much easier in proof of stake than in proof of work, right? Because in proof of stake you have like first of all we have for many kinds of attacks that you do against this network, we have this concept of like automatic slashing, right? which basically means that in order to like revert a finalized block, so if there's one block that's like accepted by the network and you try to convince the network to to kind of revert that block and accept a different block in order to make that kind of attack, you basically have to have your validator like a big portion of your validators sign two conflicting messages. And this is something that like once these messages are on the network like you can go and prove like look these people did it. And so we have this feature in the protocol called slashing where you basically take all these people who provably misbehaved and you burn their coins, right? And you don't burn anyone else's coins. Now there are other cases like for example if instead of reverting blocks the attack just tries to censor everyone, right? Then what you do everyone who got censored would just like basically create the minority chain. Um and then the community would basically have to do a soft fork, right? They would just have to say like look this chain is clearly attacking us. This chain is the one not attacking us. and so we're going to join this chain and then what happens is that on that new chain the attackers also lose a lot of coins, right? So the difference between proof of stake and proof of work is that in a proof ofstake system like you can identify specific participants and you can say you know these and like this isn't like you know a human going in and saying I don't like you I don't like you I don't like you this is like automated right you can >> so the slashing process is automated >> yes >> he's like you can identify him but don't go after him but it could be weaponized in that way so that's I think a negative there um but generally a positive for how secure right? Uh proof of stake actually is. So I mean Ethereum is something that is um its own beast different from Bitcoin. And so yeah, I think you know kind of stay in the course knowing that Ethereum will be bullish um at some point in the next four years, right? Uh is is a good thing. I think you know everybody [ __ ] on ETH so much is just a sentiment signal that basically ETH is severely undervalued.

[00:46:59]Uh let's see here. Yeah, Sami says they got Tate with the boredom. Yeah, actually the boredom of the price action, right? I think he put in just like earlier this week, $ three and a half million dollars onto buy bit or something like that, some leverage exchange, right? And then um what he lost like eight trades in a row or something like that and then I think they were all bull trades and then he tried to short it and then lost that way too. [laughter] Oh man, some people just can't handle the volatility or the lack thereof, right? Um, but this was interesting that uh, Token Terminal had their Q126 Ethereum report. So, I just wanted to kind of uh, take a look at a little bit of this. I want to see what the if they have a conclusion section. Usually with this type of thing, I mean, it's very long and detailed, right? I would say usually, yeah, like an uh an introduction, reading the introduction, then reading the conclusion, and then looking at kind of key points is usually what I like to do with these because they're just way too damn long. But, um, what I'll do here is we will read the introduction, not the whole thing, but like the first three paragraphs here. Um, and then we'll look at the key metrics here that they're highlighting, and then maybe we'll see a few charts. But what are the key metrics here in Q1 to 26, right? So total value locked um down 11% on quarteron quarter but up 22% yearonear active loans 21 billion ecosystem trading volume 134 billion total locked in the ecosystem 300 billion 316 billion right ecosystem fees 2 billion um which is that's down uh 17% and 8% quarteron quarter yearonear so that is good for users not so good for the Ethereum Foundation in the short term, right? Um, this is where Ethere like this is the part where it's like, okay, what is the bullcase for Ethereum really? Well, it's for onboarding real world assets and the entirety of Wall Street into uh the DeFi space, right? And so, right now it's a it's a problem for Ethereum to have this low of fees for the, you know, support of the foundation, but then also less burning, right? The way that proof of proof of stake works for Ethereum is the more fees and transa the more fees from transactions that you have on the main layer one the more Ethereum they burn because of that then Ethereum can become deflationary so if you make your network so good that you lower the fees that's going to be lower friction so more people are going to want to use it we right now I think have an all-time high actually on ETH usage of the actual chain um you know I think a lot of that is people in Wall Street playing around with it, right? But you're lacking on fees here. You're lacking on the burn.

[00:49:51]So why is that though? Why would Vitalik want that situation? Well, one, it's not just because he's like, "Hey, we want cheap fees for users because obviously tokconomics um here doesn't help users if the burn doesn't happen." Um or at least doesn't help them in the token uh price, right? But what this means here in my opinion is he's made like a lot of highway lanes. Like Ethereum, let's say, used to be a two-lane highway in 2021.

[00:50:17]That's why the fees were so high. Got clogged a lot. Then in in the last cycle, right, it went from a two-lane highway to like a freaking f, you know, 10 lane, eight lane highway. Just freaking, you know, crazy amount of highway space there. But still two lanes of traffic, but like clogged two lanes of traffic, but going over eight lanes now, like super easy, slow, kind of feels empty because, you know, it's basically u made to host a lot more users. So, what's it setting itself up for? It's setting itself up for Wall Street to come on chain. Why do you think Joseph Luben uh who helped to create Ethereum um and is with Consensus and MetaMask is and Lana I believe as well um why is he all of a sudden getting tons of connections with Wall Street?

[00:51:05]Probably there's some deals in the background, right? And so I believe Ethereum here is setting up the highway for Wall Street to get into crypto here.

[00:51:14]Uh so once they do come in at in a lot more force in the next cycle, right, if the real world asset space does truly take off with the 24/7 365 market, then yeah, this is going to be a lot higher at that point. You will have more burn on Ethereum's price action um as well.

[00:51:32]And then yeah, that's that's very helpful. But yeah, it's for right now how much they have reduced their own fees. it just kind of hurts in the short term which makes uh Ethereum cheaper and which also then makes uh us be able to accumulate more over a longer period of time which ultimately you know those are the two things we want right Bitcoin and Ethereum cultivating that crypto um tokenized asset market cap uh 203 billion stable coins 180 uh basically 180 billion that's actually up 40% almost yearonear So, this is a really good metric also to want your chain to grow in because the more stable coins there are in your network, the more likely they will be used at some point to buy something on your network and most likely the main L1 token which is Ethereum, right? Doesn't mean all that money will be, but there's more money now to do so. So, that's also that's always a good thing. Um that's [clears throat] the one thing I would say the one metric this bare market that's really um kind of been different from price action is that we have way more stable coins now in crypto and usually that does mean uh what do you call it more price action for bitcoin ethereum when you have positive inflows of stable coins price of bitcoin ethereum usually go up more or go down less that hasn't been the case as much recently so that is kind of like a divergence in data that we're seeing from past bare markets. What does that mean? Does that mean there's just a lot of money building up on the sidelines from Wall Street ready to just jump into layer ones, jump into main tokens like Uniswap or Aer Drrome uh on the layer ones for their deck space, like ready to jump in on hype? Very quite possibly.

[00:53:22]Yes. Right. That could be a good portion of all that money just sitting there.

[00:53:26]So, um the more that keeps growing the better. Like some people might be like, well, it gives people more ways to sell their crypto. Well, that's always going to be the case now now that stable coins exist. We open that Pandora's box. But getting more of them on your network will eventually lead to an increase in price. So, that is one metric that is divergent now. But it's kind of like what do you call it? Um, uh, hidden divergence on RSI, right? uh or bullisher uh divergence on RSI where uh it looks like stuff's go like price is going down but RSI is coming back up and it's like it's a basically a precursor to a pretty good move back to the upside in price something like that is kind of same here as you see stable coin uh metrics going up but price going down eventually right that's just going to mean like a heavier more volatile rebound to the upside um for price action so that does that information or that data does basically fit in line with what's happening with real world assets um or what is expected to happen I should say with real world assets in the next cycle um tokenized funds and commodities whatever smaller amounts of money right tokenized stocks now this one is huge as well this one will be where you have Wall Street coming in to Ethereum so this metric will be one to watch it's up 16% quarteron quarter it doesn't really have a year-on-year yet because it's so new, right? So, this is going to bring a ton of money over to Ethereum. So, if you're like, okay, stable coins are going up, fees are starting to come up because there's more usage of the chain from Wall Street, and then tokenized stocks are going up bigly, right? If we start seeing that type of trend, oh boy, Ethereum's price is about to rocket, right? Those are some of the ingredients for good price action on Ethereum going into into the next uh bull market. So, if you didn't catch that, pause, rewind on the replay, gang. replay that, you know, one minute clip there. And uh there you go. Um let's see here. Monthly active users always good. See, this is what I'm saying. We have monthly active users going up 53% quarteron quarter, 85% yearonear.

[00:55:37]Wall Street's coming in and playing with the back end of ETH and being like, "Yeah, this is cool." You know, and no, it didn't sound like that. No, but uh what do you call it? So they're they're basically figuring out how all the systems work here. Yet fees are down, right? Ridiculous.

[00:55:56]>> OH, BROTHER. THIS GUY STINKS.

[00:56:00]>> BUT LIKE I SAID, it's a highway that's been heavily expanded. Um, what here? Transaction count also is up.

[00:56:09]Same almost with users. So that makes sense. More users, more transactions. Um um fees are down massive again and then yeah other stuff whatever I guess token holders are up to 300 million I wonder if that's unique active users or just active users that might be mean there's like 300 million is the population of America right that'd be interesting but I bet I bet it's like a third of America in terms of global population that holds ETH it's actually quite a lot of Um, but it's up quarter on quarter year on year as well. So, um, just those are the metrics that we're going to want to watch for. Um, again, if you missed some of the ones that I mentioned there, um, go back and check those. But, you know, um, at some point here, the one the one cool thing that we're doing with the Cultivate Crypto website is, I believe next week we're going to have it to where you guys are going to be able to watch the stream and get notifications directly from our website. That way you make sure you don't miss notifications on Rumble or YouTube because sometimes we're shadowbanned there, right? So, you're going to be able to have that and then if you want to watch it on the website where we can't get taken down, that's cool. You can also then watch us on Rumble and YouTube as well. Um, but just uh to let you guys know that's coming. But yeah, as we make new updates and stuff like that, like these types of metrics here that I'm talking about would be kind of cool to make like a little dashboard on the website for uh the people in the Citadel in the course that you guys could use for free. So we might do something like that just as we think about these things uh as we go through the information here.

[00:57:45]Um we have uh Sami saying hit like and follow button. Appreciate you sir. We got Maddie in the chat. What's up all right [sighs and gasps] and we have tea time saying a big thanks for guiding us through since 2021. Much appreciated for your efforts. Appreciate you as well sir. Thank you for mentioning that on YouTube. We currently don't have the Cultivate Crypto YouTube channel, but allegedly, possibly maybe it is rumored somewhere in the um undercurrens of YouTube that the Cultivate Crypto channel is uh given a thumbs up and a green light and is coming back with a vengeance at some point this uh this month hopefully.

[00:58:26]Let's find out. Um but anyways, um go to How to Cultivate Crypto on Rumble and follow there as well. So anyways, um can you put that link in the chat there, Kyle, for the YouTube audience?

[00:58:39]Um so anyways, let's read the beginning of the executive summary here from token terminal. Ethereum is a public permissionless blockchain that provides global sediment and computation for an economy of financial applications. It runs a single shared ledger that anyone can build on that no single party can switch off and it uses its native asset Ethereum both to pay for transactions and through staking to secure the network. Right? So, it's essentially the Apple app store of the cryptocurrency market. It is what allows um people to interact with crypto. Um the activity it hosts because Bitcoin, right, is more of just like gold, right? And you could argue Ethereum is kind of it's actually kind of a mixture between the Apple App Store and um what do you call it? Um just Wall Street in general, right?

[00:59:30]because all the real world asset stuff will be there. Um, we're going to talk a little bit later, but Coinbase is trying to become kind of like the Schwab of crypto.

[00:59:40]Um, Schwab is trying to become the Schwab of crypto, too. They're trying to launch Schwab crypto.

[00:59:46]Um, but there we got in the chat there the uh link there. So, how to cultivate crypto on Rumble. Come over there if you're on YouTube. Um the activity activity it hosts has historically been constrained by the cost and throughput of legacy financial infrastructure settlement that takes days layers of intermediaries and counterparty risk at each hop. Tokenization of stable coins have emerged as the onchain answer to those frictions and as a regulatory framework for both matured uh through 2025 and into 26. The condition for institutional onchain activity moved from theoretical to practical. Um so it's happening right but it's just a what what does he say Dan Pena it's a it's an embarrassment clause right um Ethereum's role uh is that uh is that shift is the base oh is that shift yeah Ethereum's role is that shift is the base uh settlement layer stable coins tokenized funds tokenized commodities and a growing set of tokenized stocks are issued and settled on it while a network of layer 2's extended throughput and settle back to the layer 1 such as Coinbase's base chain. Value accrews to ETH as the asset that secures and pays for this settlement and staking uh and the staking market reflects the share supply committed to that role. Um, this is just an interesting I would say this is a pretty I would say a very good um kind of middle ground explanation of Ethereum because it's not so complicated that most people can't understand it, but it's not so watered down that they're like talking down to you like you're a child and you have no idea what these words mean, right? It's like I would say it's pretty well balanced actually. Um on market positioning, Ethereum remains the leading uh venue for tokenized assets by market cap, holding the majority share of stable coins, tokenized funds, commodities, and stock stocks measured across chains and it will stay that way. Ethereum is stewarded by the Ethereum Foundation alongside a board independent community of client teams and researchers with institutional facing groups such as Ether Realize working to make uh the network leible to traditional finance.

[01:01:55]Um, okay. Q126 split cleanly into two stories. Usage, uh, usage reach record levels. Monthly active users, transaction count, and throughput all set record highs. At the same time, dollar denominated value and fee metrics compressed uh, with the fully diluted market cap, total value locked in, trading volume, and uh, both fee measures all lower quarter over quarter.

[01:02:19]Uh, the periods shaping events sat behind both halves. The Faka upgrade cycles the second um blob parameters only. Now it might get a little bit of gibberish, right? Fork raise data capacity in January.

[01:02:33]ERC 80004 went live on mainet in February as a standard for AI agent identity and reputation. I would say that's yeah definitely pretty big. Uh the Ethereum Foundation set its 2026 protocol cluster priorities um scale improve uh UX harder than layer 1 and institutional engagement was visible through events such as institutional Ethereum forum in March and then also um you have central bank digital currencies being built on Ethereum and um you have Vitalic trying to create new products such as options on Ethereum that aren't collateralized with debt so therefore you don't get liquidated on them. um you know all these different types of things are very positive. So Ethereum is building. Ethereum is doing what it needs to do in the bare market. Um and it's just the price is going to do what the price is going to do. And uh I would say it's going to come back and if we have a good macroeconomic situation in general uh over the next few years then yeah Ethereum is going to rocket at one point here. So, it's just a matter of I would say being more of the trader mentality here, especially over the next one year as you're accumulating like accumulating and then trading on the side like you have uh this uh strategy here and then the other strategy um basically uh being the cheese grater that you know keeps building your stack.

[01:03:54]Um this was also interesting here. We had uh we we have Alex pretty much showing up everywhere. He's like a where's Waldo on uh crypto Twitter and uh YouTube, right? So, he jumps on all sorts of streams and um had some interesting things to sway say about Coinbase becoming the Schwab of crypto. Uh let's listen.

[01:04:17]>> They don't even need to know what a blockchain is, what a drone is, or what Coinbase is. They'll just know it works and it works better. Yeah, that is one thing that I've started to kind of wrap my head around which is that this this idea of so a platform like Aerodrome, a platform like Hyperlquid, Hyperid has these uh builder codes. You can kind of launch per on any kind of front end. Aer Drum getting these integrations with the kind of suite of assets available via the the Metadex product, but these are like going to start to end up being backends. Yeah. Right. It's like and then then the thesis for these things gets to be a lot crazier than just like oh it's a UX and UI where you can go trade. It's like no no it's like the underpinning liquidity layer for global finance. Yeah. So it becomes not just like oh you know you know hype's a cool like competitor to finance or like oh maybe you know a drone will compete with like all the brokerages and it's like no no like the brokerages like the Schwabs we'll start with Coinbase and the OKX but then we'll get to these swabs and the etc etc. These will just you know become the front end for these underpinninging liquidity layers and the value of that is like immense in terms of the value being created by that activity. Yeah, I mean, thinking about this, they were >> Yeah, that's a good explanation there as well. Uh, in addition to what Token Terminal said about Ethereum, right? Um, you pretty much see, okay, yeah, unis swap and nerd drum, they just kind of seem like these cute front ends of, hey, you can swap tokens here. Cool. That's great. But no, no, no. There's a lot going on underneath with uh basically um building, you know, the applications, the smart contracts, and everything that runs um what everything will be built upon. So, yeah. Um that's pretty cool.

[01:05:44]Um but Alex has some extra insight here and uh let's listen >> um leaks that came out of the SEC right you know a few weeks back um uh maybe a month ago now time is is flying by right and the idea was that we are very very close to the SEC saying we are going to say legitimately you can bring us equities and trade them um onchain you can tokenize these assets and the minute that sort of thing happens yeah this onchain infrastructure um things like hype things like arrow um we are now actually directly competing with any onchain or any offchain venue that offers the ability to trade um these types of assets. And you think about what we can offer. We don't need uh thousands thousands of employees, right?

[01:06:22]Uh we don't need uh HR departments. We don't need all sorts of stuff. We can cut all the intermediaries out. We can make it faster. We can make it cheaper.

[01:06:28]We can make it more efficient. And [clears throat] by the way, because you've cut all that middle layer, that intermediary layer out, you can share more of the value. And so, yeah, we are right on the the line here. And I think it's going to shift very very quickly where these onchain venues are now increasingly becoming the places that people trade everything. You don't need to go to Schwab anymore if you want to pick up some Apple stock for instance.

[01:06:48]>> Yep. Yep. Yo.

[01:06:53]>> So yeah, I mean lofty goals. Lofty goals. Uh let's see if they hit it. And if they do, the price of a drum is going to be sweet in the next four year cycle.

[01:07:05]So, um, let's see how that all rolls out. Of course, uh, this was interesting because a few weeks ago before Cardano dumped, we had Santiment Intelligence put out a piece that was pretty pro- Cardano. And I was like, hm, are some of these foundations just paying for good PR or trying to get some here? Maybe Cardano was like, hey, we pay Santiment to give us some good information there. Maybe people buy up the token, right? I think is what they were thinking. I'm not sure if unis swap's doing the same thing, but just kind of seems like it here. Um, but they say unis swap's network activity has continued to heat up following the standard charts $100 unis swap forecast.

[01:07:44]Uh, active addresses hit a fourmon high while whale transactions surged to their highest level in seven months. So all I mean anything to be honest with unis swap growing is good. Why? especially for Arrow because why? When Arrow comes onto ETH layer 1, people start noticing that it is um basically beating Uniswap in all sorts of metrics spec all sorts of metrics specifically with um revenue, right? Um that will I think cost a lot of this money that basically is pushing up Arrow to basically rotate and go into Arrow uh at some point.

[01:08:24]And this was an interesting uh response here from Alex because there are a lot of people out there trying to kind of fudge stats to make it to make Uniswap look better, right? This is just some guy uh on Twitter. Uh Nico um he has a decent amount of following, right? Um says Uniswap Dex market share this week.

[01:08:44]Uh number one on ETH uh 67% of DEX market share there. Of course, Unis or sorry uh Aerodrome is not there yet. um number one but will be in July. Number one on arbitrum 84% number one on base 46%.

[01:09:00]And that's being generous, right? That's them trying to be like, "Yeah, we got a lot of market share." But no, a drum still is over 50%.

[01:09:07]Count, right? But obviously, we'll see what Alex has to say here. But he says, "Defi will do multiples from here as more value comes on chain and unis swap will serve as liquidity layer and so [clears throat] will air drum. So they'll get to compete. This will be fun to watch. um you know choose your horses uh and start your engines right um but gi given you keep doubling down he says I guess we know that it's um it's more uh the more concerning case you guys didn't know and for some reason you keep telling people as much so yeah if you just look at you know overall dex volume and you can go into like what data they're trying to cherrypick to make themselves look better basically aerodyome here is kicking uh unis swap's ass um unis swap's on 44 chains a drrome on one. [laughter] Oh man, that's hilarious. Um, but yeah, I mean, they're making a billion dollars more index volume over the last seven days on one chain. If they get to all 44 chains that Uniswap is on, it's over.

[01:10:05]It's over. It's done. Get Unis swap out of here, right?

[01:10:11]Shut up, [ __ ] It'll be interesting to watch. It'll be a fun royal rumble between Uniswap and Aerodrome over the next 365 days. So, if you want to get in on the fun, get in on the 4-year cycle lows and basically prepare for the Q3 crypto mindset course which will be out on July 10th. Um, then come over here to cultivate crypto.com/shop and jump into the Citadel. If you jump in here, um, basically when you do renew in a month, you'll get $50 off that crypto mindset course. Um, about a month from now, we'll be in Miami. um will be on fresh and fit during that weekend in literally four weeks. So, uh what do you call it?

[01:10:53]You can renew at that time and when you renew, you get $50 off that Q3 crypto mindset course. So, there's still time.

[01:10:59]I think if you wait until like Tuesday, like that's like pretty much the edge.

[01:11:04]If you are buying into the Citadel from Wednesday next week, you probably won't get the um $50 discount on the Q3 course. You'll get $50 discounts for every month you do renew in the Citadel, but those will be later than when the C course enrollment is. So, they'll be kicked down the road to Q4's Crypto Mindset course. So, if you want to get a discount here on the crypto mindset course and you're not yet in the Citadel, um join the Moon Gang in the Citadel. Um and then also you get the weekly newsletter that comes out every Monday. You get the buy sell signals uh on Bitcoin and Ethereum and Salana on the weekly and monthly charts for free.

[01:11:43]Um, you get uh what do you call it?

[01:11:46]What's that called? Uh, flash webinars as well as non-recorded AMAs that we do here from time to time. Um, you can ask me and Miguel questions directly. Like all sorts of stuff. We just have a good old time in here. It's a really positive group. If you want a positive group among the negativity and the craziness of a bare market, this is also a good place to be. And also, it's just a lot of fun. So, uh, go over here to cultivate crypto.com/shop and jump into the Citadel. It pays to be in the Citadel. I will put that in the chats here. And then also um all right, we have 72 people on Rumble and we have 54 people here on uh YouTube. It looks like a dollar cost cryptos YouTube. So um we will get into the memes here. We'll take a look at the chats first and then we'll get into the memes. So everybody who is on YouTube, I would highly suggest that you head over to how to cultivate crypto on Rumble because in about 3 to 5 minutes here, we'll be rugging YouTube and doing the memes only on Rumble because we do not want to get a copyright strike on Miguel's channel. Um, we want to uh do that all on Rumble because Rumble don't give a [ __ ] right? So, let's go over there. How to cultivate crypto on Rumble. Um, but let's take a look here.

[01:13:09]Um, oh, is DCC lurking in the uh rebel chat there or did you put that in there?

[01:13:14]>> Okay. Yeah, he's lurking.

[01:13:17]Um, let's see here.

[01:13:21]We have Moonpilled Rational Optics saying, "Hit that like button.

[01:13:23]Appreciate you, man."

[01:13:28]Robert Cozy says, "Waiting for air to go under 35 cents that I'm going to DCA."

[01:13:32]It's possible it could go there. We'll take a look at Bitcoin price uh more in in the 60-day cycles after the memes only on Rumble, baby. Um what time frame do you think that becomes more apparent for everybody else? Probably by Q1, end of Q1 next year. I think uh other people really start to notice Aerodrome over unis swap. Um, and then probably going into Q4 of 2027, something like that is where it really starts taking over um, bigly.

[01:14:11]Nice. Richard uh, Jones here says, "Thanks, Charlie. Basically answered my questions that I was thinking about by sharing all that information about Ethereum." There you go. Good to know.

[01:14:22]Uh, questions we didn't even know you had that we answered. That's how much, you know, we're we're reading into the minds of our audience here. [laughter] Um, Chepe says, "Charlie with the sauce like always. Appreciate you."

[01:14:36]Um, how cooked is Paul's chain on a scale of 1 to 10? 10 being most cooked big days.

[01:14:45]Six.

[01:14:47]It can make it back. It's possible. I mean, Richard Hart, right? his wallet of what he did um with all the funds from PulseChain still has what is a top five Ethereum wallet something crazy like that um I think it took Bit mine a while to get even get past them so yeah if you have that amount of ETH firepower to use at some point just like kind of waiting waiting if it doesn't get used then it's absolutely absolutely cooked right but if it gets used at some point let's say Ethereum $7,000 and Boom. Right. Richard Hart puts some of that money into the market andun, right? The over speculation at the end of the four-year cycle in, let's say, going into the election in 2028. That would be very interesting.

[01:15:36]Um, got Tam Tam the Hex in the chat. Great to see you as well.

[01:15:44]Uh, Sami said, "Rubio is supposed to be dealing with foreign affairs considering his position. and he is nowhere near the [ __ ] show because he knows it's not a good look. Smart move. Yeah, he's still getting pulled into it a little bit though. Um which I think um he probably, you know, that's why I say there's probably people in his cabinet or in his group uh in Trump's group that are starting to kind of be like, yeah, it's not working out the way we thought it would.

[01:16:08]Um Richard Jones also says, "Hey, oh, so this is his question earlier. Appreciate everything you do. I have around 20,000 uh Australian dollars to play with starting out. Should I go more into Bitcoin or ETH for maximum gains on this year's bare market? Um so coming out of it, right, just buy all if you want to buy it all in Bitcoin, that's fine.

[01:16:30]That's going to have the most um return once we get the four-year cycle low in and then we start coming up next year.

[01:16:37]Um so yeah. Uh, and then Ethereum, I would say if it's under 1,200 bucks, you know, you can buy a ton of that, too.

[01:16:47]But I would say if you 50/50 it between Ethereum and and Bitcoin, that's perfectly fine. If you want to go a little harder Bitcoin because it's uh the one that's more likely to get the most movement earliest, then probably 7030 uh 6040, depending on how you want to split that.

[01:17:07]Sami also said to remove part of the sanctions, Trump will have to go through Congress. I don't see how that happens.

[01:17:12]Yeah, there's going to be a lot of push back.

[01:17:15]Um, it is what it is. All right, we got the crate saying fasten your seat belts.

[01:17:27]That's right. All right, so let's see.

[01:17:29]We have gotten I think a lot of you guys over here. Um, DCC always in the shadows says, "Yeah, that's a lot of ETH that Richard has."

[01:17:41]That's right. Um, Jimmy migrated over from YouTube. That's great.

[01:17:47]You're welcome, Richard. Jump over to How to Cultivate Crypto on Rumble as the and press like and follow. That would be a great way to say thanks. Um, and also like here on uh and subscribe on uh Dollar Cost Crypto's channel as well.

[01:18:03]All right. So, let's see how many we So, now we have 87 now over there on Rumble and 40 here on uh YouTube. So, those 40, let's go over and take a look at the memes. Um what we should get to 120 130 over there on Rumble. If you guys make it over, um if you if we lose you and uh we don't see you on the Rumble side, um you know, best of luck to you. But u we'll be doing the memes there uh unadulterated and then we'll go right into the Bitcoin 60-day cycle. So, we got a rug YouTube here. We'll see you guys probably on Moonong Gang on Sunday.

[01:18:36]Um, we'll be doing it um from Miguel's channel, but my next stream um here on How to Cultivate Crypto Rumble will be tomorrow. We'll have an AMA [clears throat] Shitcoin request Friday.

[01:18:46]So, let's on our casual Friday. So, uh until then, YouTube, peace, live long, and prosper later.