Significant liquidity remains at 65k and 50k levels
“I see some liquidity above. You know, we kinda talked about this before. We've hit over a couple of areas that we discussed in the previous shows. You know, I I could see it going as high as, like, maybe 87, you know, 86, 87 area if it's stretching for that liquidity. And then we're still in that range, and I and I still see a lot of liquidity building up below, you know, 65 area. And even if, you know, you wanna look at the lower possibility areas, you know, 50, is some more liquidity down there as well if if there's some kind of capitulation event or that people wanna consider.”
“Bitcoin does operate without a leader, without a foundation. The incentive to secure it is the block rewards that leads to that has led to huge amounts of energy and lots of public companies and private individuals securing the ongoing decentralized continuity of the entity. It's not There's no one who can intervene and interfere with master keys, and that's what causes people to store tremendous amounts of value in it.”
Proposed Drivechain hard fork risks violating property rights
“So he's gonna implement a hard fork, which airdrops one of these new coins. He's calling it eCash, which airdrops one of these coins to everyone who holds a Bitcoin. So exact at the exact same address, he says he'll launch some kind of splitting mechanism, eventually. But I I don't what what why you care so much is not obviously the first time that Bitcoin has been forked.”
BlackRock options now lead Deribet in open interest
“Actually, BlackRock options now have once again surpassed Deribet options in open interest, which is, I think, pretty telling of the institutional involvement in the space.”
Bitcoin rejected at 80k despite strong ETF inflows
“Bitcoin once again took a shot at $80,000 and was rejected. I think no surprise here. If you take a look, though, there's a lot happening under the surface. Yet another near record breaking week for Bitcoin spot ETF inflows.”
Trump Meme Coin Gala threatens crypto regulatory clarity
“And the optics of this one obviously are politically charged. Right? I mean, this comes in the same weeks that we're talking about ethics clauses with the Clarity Act, and, you know, the Meme Coin Gala is certainly not gonna help get the Clarity Act passed. And it's this is one of I think, actually, what is even more interesting is we're giving, I think, for the first time, some legitimate fodder to the anti crypto army.”
Market FUD remains a long-term Bitcoin buying opportunity
“I mean, historically, FUD has been pretty a pretty good time to buy. Like, there's always been FUD, and it's always been pretty horrible. Like, we we usually have to think, okay. Maybe it will go to zero. I think we don't have to worry about that now. But it is, you know, it is a time the price is going up and getting hammered if you compare it to where it could be, and a lot of that is because of what we're seeing.”
Founder fatigue is stalling growth in legacy altcoins
“But I I do think that, like, if you're at this late stage of the game and you're still in our place where you're, like, battling to try to keep building, that's just a complete recipe for for burnout. And it's just tough. I mean, it it it's really tough out there for these legacy projects to continue.”
