MONITOR ETH

“We're going to expose the Fed official's portfolio. I'm talking about Kevin Warsh. This is the replacement for Jerome Powell. He just posted his holdings, an extensive list of holdings last night, and not everybody's catching all the altcoins on this list. You really got to dig, and we did the digging.”

“This is going to be one of the first major resistance zones for Ethereum in the 2021 run up. Very, very strong level. This is going to be a major hurdle for Ethereum. And if you zoom into the chart, Drew, we're having a little bit of an issue trying to get past... this is looking dicey for Ethereum.”

“Speaking of looking at the charts, hype, starting to try to break out of this range here. You can see it's taken us a few days. We can break out of here. I think a pretty good shot to $50 is in charge.”

“And now seeing oil put in moves like this, you really got a question. Is everything okay? Can we stay asleep and the powers that be are going to keep, you know, everything running smoothly in a globalist economy? Look at this. This looks like a nightmare to me.”

“Dividend day dumps every single time. Look at that gap low. This is going to be Tuesday evening. This is going to be the Wednesday morning pre-market. I am a buyer. If we can come into this trend line, I don't think I hold for the dividend, Drew. I think I just sell when it hits par again, when it hits 100.”

“Bitcoin ripped towards $75,000 in the most confusing market in history, but maybe the bigger story right now isn't Bitcoin's performance.”

“we have Ethereum outperforming Bitcoin by a pretty significant margin. Ethereum up almost 13% in a twenty four hour period.”

“it's literally getting soaked up as fast as it can get soaked up by Wall Street.”

“There's only one type of asset that can be traded three sixty five, twenty four seven, and it's tokenized assets.”

“this might also been an aspect of they thought there was going to be a capital raise that came alongside an IPO that didn't happen. They needed more money.”

“It's possible if fighting could start again if Iran starts hitting US warships or commercial ships trying to transit through the Strait Of Hormuz or attacking the energy sector of Gulf allies. The Iranians have said they have major untouched levers to pull in response to the blockade, but we don't know what that means. At this point, it's an economic war trying to get Iran back to negotiating cable.”

“Jenna Lewis says she drove nearly a half hour to the Tulalip Reservation north of Seattle to save 55¢ a gallon. It's one of hundreds of reservation gas stations across The US with many offering some of the cheapest fuel prices because they're not subject to state taxes. Those range from 9¢ a gallon in Alaska to as high as 71¢ in California across the 35 states with federally recognized Native American tribes.”

“Gonzalez's resignation announcement came hours after California Democratic representative Eric Swalwell also announced his own plan to resign. Swalwell is facing allegations of sexual assault and misconduct from at least four women. Gonzales had already dropped his bid for reelection after being forced into a primary runoff and the launch of a congressional ethics investigation into his behavior.”

“The two districts in Toronto were considered safe Liberal strongholds, and they won handily, providing Carney with at least 173 seats and a majority government. The majority assures prime minister Carney's government a stronger position in parliament and provides support on major nation building projects as well as his government's dealings on trade and tariff issues.”

“The judge issued an order Monday saying that Trump had failed to make the argument that the article describing a birthday card to the late sex offender Jeffrey Epstein was published with malicious intent. Trump denies writing it and said he will be refiling the complaint. Shares in Asia higher in Tuesday trading. The markets in Japan, South Korea, and China all gaining ground.”

“I feel like this particular cycle has been very different than in the past cycles of every time we have a world political situation or the economy situation moving in. We have seen crypto going down. But right now, we are in a sort of a cease file... the first impact is on crypto market as soon as the oil prices went down or expected to go down.”

“Eth, picking Eth actually has outperformed in last forty eight hours with around 6.7 to 7%, then Bitcoin jump, which is great because as you know, I won't call myself eat maxi, but I'm a big eat believer. Said that, I feel like this particular cycle has been very different than in the past cycles.”

“I am like, this is not the first time I feel like PolyMarkets has been PolyMarkets has been highlighting that there are multiple times when it comes to Trump administration, from his VP pick to then going into this genius act, to, like, multiple things, like, exactly before, doing the first missile into Iran, etcetera etcetera. We have been seeing this so called insider trading.”

“But I don't know how much of this is institutional waiting that they're putting money aside and let's bring in so much on ETF, which we saw, like, a huge amount of money coming into ETFs. I just really don't know how much was it wait and watch versus, oh, this is this is an asset we have to go in sort of a thing.”

“And if the Clarity Act passes without allowing yield-bearing stablecoins, has the banking lobby won? Kavita Gupta, founder and general partner at Delta Blockchain Fund, sits down with Steven Ehrlich to work through a week of whipsawing markets, fragile geopolitics, and structural shifts that could define where crypto goes from here.”

“Tom Lee thinks so, calling a turning point after the Iran ceasefire as his firm aggressively accumulates ETH.”

“his firm aggressively accumulates ETH and crypto funds see renewed inflows.”

“Morgan Stanley just launched the first major U.S. bank Bitcoin ETF, signaling that Wall Street isn’t waiting around.”

“stablecoins are projected to reach trillions (even quadrillions) in volume, regulators are stepping in.”

“innovations like quantum-resistant Bitcoin tools are reshaping the future of the space.”

“Anthropic has now officially overtaken OpenAI on a run-rate basis.”

“SpaceX filing for IPO at two trillion is a market-defining moment.”

“Seeing Doug Leone return to the helm of Sequoia is truly fascinating.”

“The removal of Delve from Y Combinator is a very rare occurrence.”

“Supabase is now targeting a ten billion dollar valuation in this round.”

“They went back on several things that the CFTC had been saying for a long time, Ether, commodity, not a security. So they secretly seemed to recategorize Ether as a secret security. And then they proceeded to do all sorts of enforcement actions, an inquisition, which forced many companies, including our own, to pay tens of millions of dollars.”

“The biggie is that they're really excited to bring Ether onto their balance sheet, about $425 million worth of Ether initially. They are very excited to stake it, to restake it, to participate in DeFi. Essentially, Michael Saylor in his Strategies strategy is doing some very interesting things with at the market, sales of shares, with the convertible debt offerings.”

“Saylor has this notion of Bitcoin yield, which is the amount of Bitcoin exposure for every fully deluded share of the shareholder's own. We have this notion of yield in the Ethereum ecosystem. It's called just earning ether based on staking your ether and stuff like that. So we're going to stick with that definition of yield.”

“They're outstanding. I haven't met with Paul, but I have interacted with Hester on some occasions. She's a superstar, and I think we love the SEC. The SEC is doing really healthy things for the United States of America and the world, and very reasonable things for our ecosystem.”

“Another thing you can do is you can tokenize equity. So imagine a company that has a strategy like this, tokenizing a portion of their equity, making it available in a popular wallet potentially for end users to purchase. There's this notion of token gated perks or admittance, things like that in the traditional world.”

“They went back on several things that the CFTC had been saying for a long time, Ether, commodity, not a security. So they secretly seemed to recategorize Ether as a secret security. And then they proceeded to do all sorts of enforcement actions, an inquisition, which forced many companies, including our own, to pay tens of millions of dollars.”

“The biggie is that they're really excited to bring Ether onto their balance sheet, about $425 million worth of Ether initially. They are very excited to stake it, to restake it, to participate in DeFi. Essentially, Michael Saylor in his Strategies strategy is doing some very interesting things with at the market, sales of shares, with the convertible debt offerings.”

“Saylor has this notion of Bitcoin yield, which is the amount of Bitcoin exposure for every fully deluded share of the shareholder's own. We have this notion of yield in the Ethereum ecosystem. It's called just earning ether based on staking your ether and stuff like that. So we're going to stick with that definition of yield.”

“They're outstanding. I haven't met with Paul, but I have interacted with Hester on some occasions. She's a superstar, and I think we love the SEC. The SEC is doing really healthy things for the United States of America and the world, and very reasonable things for our ecosystem.”

“Another thing you can do is you can tokenize equity. So imagine a company that has a strategy like this, tokenizing a portion of their equity, making it available in a popular wallet potentially for end users to purchase. There's this notion of token gated perks or admittance, things like that in the traditional world.”

“But I think the overall takeaway for me is just tough. Still some cool ideas and cool people around the place spiking up. But I think we're going to look back on this year. 2026 is similar to 2018, when you had to be a very true believer, half lost your marbles to believe this is going to absolutely come back in a big way, because right now, it feels like it's not going to happen.”

“One is the ruled asset side. It's clear that assets are coming on chain, and Ethereum is still the main venue for that. So it seems like this conference outside of vaults, the next topic is really RWA is coming on chain, and what assets those are, and how those are being used financially, et cetera.”

“I would guess that over the course of the next year or so, there's a lot of folks either closing up shop or potentially M&A, that kind of aqua hire type situations and consolidation, especially in the infraspace. I will say, I do think there's the opportunity for a couple valuable infrabusinesses to get built, if you can vertically integrate and consolidate.”

“There's a lot of curators around the place here, and it's very clear that vault management as an industry is going to continue growing over time. And I think right now you're seeing most of that vault management being done on Ethereum. And so as capital keeps flowing into Ethereum, of course, as all the liquidity, I think that Ethereum will capture probably the most amount of value there.”

“But what I do think is quite interesting is that European funds seem to be raising still, which I think is interesting. So like, maybe if the talent's not here yet, it might come back because the capital is still here. So yeah, overall, I think it's been a really great conference and formative conference.”

“We just survived the worst Q1 in Bitcoin since 2018. Down 24% in Q1. And that was the worst Q1 we've ever had since 2018. In 2018, the market topped December 2017, and then it fell like 60% in Q1 2018.”

“We are on track to complete all of America's objectives very shortly. We are going to hit Iran extremely hard in the next two to three weeks. We are going to bring them back to the Stone Age where they belong. I think the whole 19 minutes was basically to inform the public that we are in this for three more weeks.”

“Google released a major quantum warning directed squarely at us. They have an algorithmic breakthrough that just 20x'd progress towards cracking ECDSA and some of the crypto signatures that underlie Bitcoin, Ethereum, and basically everything we do here. How bad is it for crypto? I think it's pretty concerning.”

“Also, the biggest hack, I think, in Solana history, a $300 million hack, the Drift Exchange, this is a purpose exchange, was hacked. What happened and what can we learn? It's all about the lessons we learn along the way, isn't it?”

“Did Ethereum just come up with a plan to finally unite all of the Layer 2s? They're called Ethereum Economic Zones. We'll spell out what that means. Aavev4 just released. What's new in that?”

“We just survived the worst Q1 in Bitcoin since 2018. Down 24% in Q1. And that was the worst Q1 we've ever had since 2018. In 2018, the market topped December 2017, and then it fell like 60% in Q1 2018.”

“We are on track to complete all of America's objectives very shortly. We are going to hit Iran extremely hard in the next two to three weeks. We are going to bring them back to the Stone Age where they belong. I think the whole 19 minutes was basically to inform the public that we are in this for three more weeks.”

“Google released a major quantum warning directed squarely at us. They have an algorithmic breakthrough that just 20x'd progress towards cracking ECDSA and some of the crypto signatures that underlie Bitcoin, Ethereum, and basically everything we do here. How bad is it for crypto? I think it's pretty concerning.”

“Also, the biggest hack, I think, in Solana history, a $300 million hack, the Drift Exchange, this is a purpose exchange, was hacked. What happened and what can we learn? It's all about the lessons we learn along the way, isn't it?”

“Did Ethereum just come up with a plan to finally unite all of the Layer 2s? They're called Ethereum Economic Zones. We'll spell out what that means. Aavev4 just released. What's new in that?”

“But I think the overall takeaway for me is just tough. Still some cool ideas and cool people around the place spiking up. But I think we're going to look back on this year. 2026 is similar to 2018, when you had to be a very true believer, half lost your marbles to believe this is going to absolutely come back in a big way, because right now, it feels like it's not going to happen.”

“One is the ruled asset side. It's clear that assets are coming on chain, and Ethereum is still the main venue for that. So it seems like this conference outside of vaults, the next topic is really RWA is coming on chain, and what assets those are, and how those are being used financially, et cetera.”

“I would guess that over the course of the next year or so, there's a lot of folks either closing up shop or potentially M&A, that kind of aqua hire type situations and consolidation, especially in the infraspace. I will say, I do think there's the opportunity for a couple valuable infrabusinesses to get built, if you can vertically integrate and consolidate.”

“There's a lot of curators around the place here, and it's very clear that vault management as an industry is going to continue growing over time. And I think right now you're seeing most of that vault management being done on Ethereum. And so as capital keeps flowing into Ethereum, of course, as all the liquidity, I think that Ethereum will capture probably the most amount of value there.”

“But what I do think is quite interesting is that European funds seem to be raising still, which I think is interesting. So like, maybe if the talent's not here yet, it might come back because the capital is still here. So yeah, overall, I think it's been a really great conference and formative conference.”