Bitcoin’s Next BIG Move, BOJ Meeting, Top Defi Cryptos & More
[Music] wild week btc eyes a new all-time high before
retreating in the face of geopolitical strife but even the bad news can’t push it
below 100K troubling times all eyes are on the Middle East as fears grow
that the conflict there could escalate we examine what’s been going on and highlight
another macro factor that could cause markets to dip or rip defi summer part two major DeFi
tokens make big moves as the new SEC chair makes comments that would have been unthinkable a
year ago is this the narrative set to win big this cycle and a look at the top performers from last
week what to watch out for this week who’s winning who’s losing the best recent tweets and much
more besides this is the Coin Bureau News Live what’s up what’s up GM happy Monday and welcome
to the Coin Bureau News my name is Nick aka Nick Crypto his name is Guy aka the Crypto Guy coming
to you live and on time from Coin Bureau HQ in Dubai gm sir how are you i’m very well thanks Nick
you like my my very extra intro there that was that was nice that was nice i’m in a good mood
you know you’re in a good mood yeah bitcoin’s above 100K you know okay everything Nothing
Nothing bad is happening in the world you know everything’s chilled you know there’s no there’s
no rockets flying around okay well uh that’s good i’m glad you’re I’m glad you’re in a good mood
bitcoin’s holding up under the circumstances it certainly is it certainly is and there could be
some resolution on the sky on the horizon soon you know there could be not a missile i very much get
the feeling we are on the verge of one of those very eventful weeks indeed a lot seems to be kind
of lining up for you know stuff to happen exactly and it’s a lot of economic data points this week
there’s a lot of obviously news breaking right now right just before the stream a few things yep
so we’re going to cover all of that obviously going to go run through all the things that’s
happened last week with regards to Bitcoin’s price we’re going to be looking at the troubling times
we’re in and potentially opportunities around uh as well as DeFi summer part two what do you
think guy yeah I’m I’m excited for that one as well because I mean you know amidst all the sort
of global turmoil and stuff there is some really cool stuff really cool cryptospecific OG crypto
stuff happening which which I’m excited helped by our friend friends over at the SEC which
you’ll be talking about as well a phrase we a phrase we would not have used Yeah cool so guys
of course if you if you’re watching the stream hit that like button don’t forget to subscribe hit the
bell as well and let us know in the comments how you feeling about the market conditions right now
and we’ll come back to that in a bit with a bit of a sentiment check starting off of course with the
Bitcoin price um let’s roll back to what happened last week because it was also a very eventful
week um it started off on Monday with um some news of a potential you know thawing in the uh
relationship here between uh two old friends that had a bit of a falling out shall we say there
we go so Elon Musk seems to be making overturuous to Donald Trump to Donald Trump in the form of a
heart emoji on Twitter there I’m sorry i’m sorry i got you an Epstein client not that Epstein i’m
so sorry uh yeah but that happened that was some you know bullish news for the markets at least it
seemed that that this relationship wasn’t going to blow up um and we had of course then news
Bitcoin broke above 110K last week Monday uh then on Tuesday the bullishness continued within
talk around a potential deal between the US and China which was making good headway out there in
London and then we also uh had and then Bitcoin also overtook Google by market cap crazy there
we are another scalp yeah win Amazon soon soon um Wednesday CPI number it what came out
slightly lower than expected on the core um although the headline was with in line with
expectations so it’s still cooling so that’s good potentially still trending downwards that’s a good
thing to see um and then we also had news that Trump had eventually they had made their deal with
China quote China is getting okay relationship is excellent thank you for your attention to this
matter in all caps he’s gone back to all caps yeah which means that’s him definitely tweeting
not someone else okay so all caps I I think should do you think all caps is bullish is bullish yes
100% because the last one of the we we looked at one of these last week and we we noticed that the
the caps had were largely gone so yeah yeah when he’s when he’s bullish he just he just slams that
caps lock on exactly and then when it’s all all caps and bold then you know we go into Valhalla
um then uh yeah we also had a double whammy this double whammy of course caused Bitcoin’s price to
pump and then Thursday uh we started off with some relative some FUD unfortunately with news that the
US was moving around some personnel in the Middle East amid quote rising tensions yeah so this was
the first rumbling that maybe something was coming down the pipe yes exactly and Yeah because it this
sort of news is interesting isn’t it because you hear it and then like it’s so the temptation is
straight away to kind of read so much into this you know your conspiracy brain sort of goes into
overdrive and you think all right this is it and then so often and I saw so many memes around that
time of like you know the people like nothing ever happens meme that’s true going around and
everyone was just like it’s it’s nothing it’s nothing it’s nothing and then I guy what I would
do I’m sure there’s a few Iranian generals who would have taken who would have hoped to have who
would who would disagree if they Yeah but anyways that happened on uh that happened on Thursday um
and it caused Bitcoin to retreat down to the 110K level um now of course this all spilled out again
on Friday when the strike did eventually happen um so that was Israel starting to strike Iran
and this of course sent Bitcoin much lower to just below 103K but managed to hold just just
yeah mind you oil on the other hand was uh was going in the opposite direction likely shooting up
yes obviously there was concerns around potential closures and in the Straits of Amuse which we’ll
get to in a bit um and we actually also did what’s crazy is two weeks ago we left open a unclosed
CME gap at about 104K and um you know as we went higher people were questioning whether we would
come back and close this and we indeed did not in the manner we were hope we were thinking it
would no but we did close it which just shows you how often the CME gaps generally get tend to
get closed so keep an eye on the gaps and mind the gap mind the gap absolutely always mind that CME
gap always pay attention to that Um and actually bizarrely enough uh even given everything that
happened towards the end of last week ETF flows uh were very positive throughout exactly crazy
so every single day had a positive positive flow that potentially meant showed that why Bitcoin
was able to hold up quite well in terms of price action yeah it’s remaining still above 100K i I we
need to do a we need to do a check how many weeks it’s been now above that held above that 100k
i think we’re close to five weeks now almost to Yeah five weeks five week streak yep saturday
Sunday we had a bit more of the back and forth between Iran and Israel missiles landing in Israel
um we also did have um some oil refineries getting hit so that caused a bit of concerns around the
oil markets of course yeah and of course the the sense that the conflict is escalating because
obviously it started with mostly attacks on uh Iranian nuclear facilities and I guess the
suggestion or you know the evidence that that Israel is striking oil facilities obviously has
impacts as you say on oil prices but also the fact that maybe they’re widening the scope of the of
the of the conflict exactly yeah and and that’s the one with which it has global implications
beyond just localized um but anyways today it’s a bullish day because of a few things one this
morning MetaPlanet bought another uh 1 1,112 112 Bitcoin it now takes its total Bitcoin holdings
to 10,000 BTC and interesting fact they are now the ninth largest holder of Bitcoin and they just
you know beat out Coinbase in the ninth spot today climbing those charts climbing those charts indeed
okay mind you they’re going to have to do well to catch the giga Chad that is that is Michael
Sailor i had to I had to look twice at this so um yeah not to be outdone uh Sailor has bought
today um just just a just he bought their entire stack he bought their entire stack and more he
probably saw the tweet by he probably saw by Meta Plan he’s like “Gosh I only bought 10,000 that
can’t be outbound by these guys guys give me in another 100 Bitcoin i need to beat them can you
imagine just that big of a stack it’s crazy wow that really that really underlines just how how
hard Sailor is and strategy are going for this doesn’t it like we’re talking about Metal Planet
getting to the 10K mark and Sailor goes and buys more than that but you know I think this is part
of the reason why Bitcoin held up so well last week because obviously he does the purchases the
week prior so I mean if you have a buyer bidding for a billion dollars of Bitcoin even the FUD
around Iran Israel um wouldn’t have sent it below one count of 100K so the average price there what
was it um that he bought them at 104,000 so so he could get to that 600,000 BTC level maybe maybe
by this time next week next week yeah i mean he’s raised enough capital to do it and the markets
don’t seem to be willing to send throw fiat at him to do it so you know as well as that happens
he will do it so what’s to come this week guys well uh of course there’s still the Middle East
concerns um may it will it calm down or will it escalate we’ll get back into that in a bit um we
also have the FOMC meeting on Wednesday we do yeah yeah yeah there’s there’s a like I say there’s a
lot happening there’s a lot happening this week no exactly um and then of course you’ll also be happy
to know guys that this Sunday we didn’t open we didn’t leave any unopened CM unlosed CME gaps we
didn’t open any CME gaps so thankfully we can get head higher without having to worry to come back
down fantastic up only yeah up only we hope um and there’s something interesting about volatility
on Bitcoin both the implied and realized so the implied volatility is the volatility implied
by options Bitcoin options and the realized is obviously the volatility we’ve had over the past
you know x amount of days and both on yearly lows which means that the markets aren’t pricing in a
lot of volatility which is interesting and that’s also related to this chart which I came up which
I came upon and it’s pretty interesting because this is basically taking a look at the difference
between Ballinger bands now the Ballinger bands are basically it’s on the weekly chart ballinger
bands show the difference the in terms of standard deviation from a particular mean up and below
right so they give a measure of volatility around a mean um and um the closer they are of
course the smaller the difference between them and that means that obviously volatility shrink is
coming down a lot in terms of realized volatility uh so what we’ve done here is basically taken
a look at the difference on the the chart below the weekly chart there the blue line is the uh
difference between the Ballinger bands right in terms of the actual price difference and when they
go when it comes down it’s it’s compressing and when it expand when it goes up it’s it’s expanding
right so less volatility when it’s coming down so basically what the TLDDR I mean and the bottom
below that is the MACD chart so the moving average convergence divergence between the moving averages
on the Ballinger band difference right basically without getting too you know into the weeds here
the TLDDR is that there’s been many times in the past when you’ve had the MACD change right back to
2020 where you’ve had a change in the when one M moving average crosses over the other when you’ve
had a rally in Bitcoin post that 2020 2021 2022 etc so we’ve just crossed over now with the MACD
turning green again so could this foreshadow you know an extended run let’s see we’ll have to
see um but of course I will refer you guys to the Coin Bureau Trading Channel if you want a
playbyplay dayby-day analysis of what’s going on u from our traders protraders over there Dan the
Man head of research and Aaron Dishner um from the better traders and then all the Moon and Papa
and then of course we’ve actually got a new host joining very soon that’s exciting exciting yeah
he’s going to be streaming with him as well doing taking do some live streams you know fantastic so
that’s cool so if you guys are not subscribed yet you can do so by hitting that QR or scanning that
QR code right there we’ll also link to it down below so go and check it out and you may catch the
new stream of the new the new streamer soon yeah absolutely be uh be one of those people who got
got into Coin Bureau Trading before it got to 100K subscribers they’re closing in on it okay would
you like a sentiment check let’s go generally pretty good although William uh sums it up quite
well if it’s not Trump posting it’s Russia failing that it’s Israel and Gaza failing that it’s Fed
hawkishness failing that it’s a new war toughest bull run going and like four bags tell me about it
man you said it William just keep just keep calm and huddle on you know just just go touch grass
don’t look at the charts don’t look at crypto Twitter it’s difficult though to go and scroll
crypto Twitter these days you get bombarded with all amounts of like geopolitical pros oh god the
guy who was two two weeks ago posting about the bull case for fartcoin is now a geopolitical
expert an open- source intel expert he’s going and analyzing the streak of the Yeah I know i know
it’s It’s Well and I mean God help you if you put the for you pour for you tab on i mean that’s just
that’s just a gateway to hell oh no um so yeah but but other than that sentiment holding up i just
want to highlight we’ve got we’ve got viewers from Iowa to Ireland and from Australia to Antarctica
joining us antarctica really yeah i I’m not quite sure I believe that pick show pick or not it
doesn’t happen pick so it didn’t happen um Penguin Pix or it didn’t happen absolutely and you were
the penguin watching on the laptop uh we need to see that um I like this one from Singular as well
uh the Netherlands if it ain’t Dutch it ain’t much i like that if it ain’t Dutch it ain’t much
brilliant um uh someone says “A guy would look good in long hair.” Um you should see my
graduation photo from university i can tell you I do not look good in long hair we’ve got a
picture don’t we have a picture of you with long hair somewhere no dude we do we should put it up
next week it’s cool it’s cool guys you do not um there’s a few people pointing out and look I’m
afraid you are correct on this guys i I think I am wearing the same clothes from last week um not
not be not because not because my wife has gone back to the UK for a week uh to do family stuff
and I don’t know how to work the washing machine simply because I have in the office guys i’m not
sleeping in the office i just have the same of a few t-shirts and uh yeah I forgot that I So I am
wearing the same clothes i promise you they’re clean sure guy we believe you yeah all right all
right yeah I I’ve just been I’m barely surviving um so um and yes Lewis is joining us from Maitius
are you on holiday Lewis or do you live there oh I’d be so jealous if you live there um and two
for one is saying 100K starting to look like a new support indeed it is it’s been holding holding
strong yeah been holding strong well let’s hope so let’s hope so okay let’s move on um and talk about
the big news now we’re going to talk about two macro factors oh my word there it is they found
it where’d you guys get it that was quick man that was quick that was actually post university
but uh yes as you can see I’ve still got the uh It’s quite an impressive barnet actually it is
indeed you should really try it again mate so what was that what is What are you holding there what
What’s that what What champagne is that that Oh I can’t remember what so it’s probably some cheap
crap but uh I think that was a reunion dinner for me and some guy and models with bottles eh you
know yeah you know I I missed my true calling um All right thank you for that uh former production
team now now all looking for new jobs um so yes so we’re going to talk about uh two macro factors now
um that you need to be aware of one is the obvious one um which is what’s happening in the Middle
East at the moment with Israel and Iran what it could mean uh where it could be going um but
then we’re also going to look at a macro factor that nobody seems to be paying any attention to
and Nick is going to explain to us why it might be more consequential for our bags even uh than
what’s happening in the Middle East but uh let’s start with the Middle East conflict first um so
obviously as uh as Nick pointed out earlier this all kicked off on Friday we had had some warnings
of it obviously with uh the US evacuating embassy staff from various uh parts of the Gulf um but
then uh Israel sort seemed to catch uh Iran by surprise and launched um all these strikes um and
obviously it has kind of escalated since then and sort of missiles are flying in both directions um
and it’s yeah it’s not looking good um but what else could come from this conflict i guess maybe
the thing that a lot of people are worried about from a you know obviously we’re talking from an
economic point of view here um quite apart from all the other awful stuff that’s happening but
from an economic point of view I guess the thing that’s got people most worried is um the impact
on oil prices um and global trade and that could come from closing the Straits of Hormuz or the
potential closure of the Straits of Hormuz if Iran decides to escalate in that way exactly now
if you guys don’t know what it is it’s of course a geographic choke point it’s the only maritime
exit route from the Persian Gulf there it’s like you I believe like 20 miles mhm um just a bit
north of us actually uh it carries around 18 to 20 million barrels of oil a day which is about 20%
of the global oil consumption and of course large quantities of liqufied n natural gas or LNG mhm
yeah so um yeah if this if this if this waterway was to be closed um then the consequences for for
global trade for global oil and for the oil price itself would be um well maybe not catastrophic but
would certainly um certainly put a huge dent and I think this is the important thing to realize is
that or to understand is that most countries do not want this and that is countries obviously uh
from the US other Gulf countries won’t want this but also crucially I think as well the likes of
China very unlikely and it’s going to be a death null for Iran if they were to do it so it seems
very unlikely this would happen which is why it seems as if the markets the oil price at least has
come down and in expectation of this and there’s actually if you look at markets if you look at
markets more generally so oil is subdued stock futures are up bitcoin as we say is still above
100k you looking at these prices and this these market conditions you wouldn’t think that there’s
some sort of a cat catastrophic um escalation in this war coming therefore means that it’s more
than likely than not that the markets are pricing in a speedy resolution of some description and we
actually did see that um with news from an Iranian Iranian um news agency that they’re looking
for a face saving exit that would potentially involve no nuclear proliferation and potentially
a ceasefire which would of course be very well be bullish for the markets and hence the reason
why things haven’t fallen off so much so we could potentially see a resolution quicker than many
think and you know no closure of any sort in the in these straits yeah well let’s hope so um that
would obviously be the the ideal outcome um and I mean it is interesting though isn’t it because you
get we seem to be because we seem to be living in this age of of what people call it you know poly
crisis it seems to be one thing after another and that kind of goes back to what that comment we
highlighted from William was saying look it’s just there’s just so much happening at the moment
and the markets sort of panic as we saw with that selloff down to 103k Bitcoin but then they rebound
it’s it’s almost like we getting more and more used to taking this sort of stuff in our stride
indeed and speaking of big events coming another thing’s coming for us guy yeah and this is one
that I don’t think well some people have mentioned it and talked about it uh and this is the BOJ MA
meeting right so this is happening over the next two days the Bank of Japan bank of Japan exactly
so they’re going to be deciding on interest rate policy if they’re going to what they’re going
to do with their base rate as well as any news about what they’re going to do from a liquidity
perspective for either QT or targeted QE um now more recently guys if you don’t know um the Bank
of Japan has been engaging in tighter monetary policy because of uh you know they’ve increased
their base rate and they’ve also engaged in quantitive tightening to the effect of about 400
billion yen worth a month so quantitive tightening on their balance sheet like letting them roll off
their balance sheet from years of doing a lot of quantitative easing um and the impact of this
has obviously been a spike in JGB so Japanese government bond yields and especially the long end
has been spiking a lot so we’ve been seen record highs on the on the 30-year and especially on
the 40-year and obviously for the this is having impacts on the Japanese economy so you know people
lending is more expensive and things like that but the Japanese economy isn’t the big thing here
the big concern is uh a potential unwinding of the carry trade remember the carry trade going oh
okay so this is I mean this is almost a year ago now but time really time really does fly doesn’t
it so yeah this was about a about 10 months ago last August right the Japanese carry trade started
to unwind the yen carry trade I should say started to unwind markets absolutely tanked and um yeah
there was a lot of there was a lot of FUD flying around that was that was just one of those things
that we now take in our stride um but it could be back you’re saying could be back exactly and for
those who don’t know the carried trade is just basically buy borrowing yen at a historically low
rates and then investing that in higher yielding assets including crypto and other government bonds
etc so an unwind would mean they have to go back and pay back the yen rates would obviously
mean like a spike in Japanese yen in terms of appreciation and then the yields themselves um but
now obviously the question is the BOJ is meeting um and it seems as if they are worried about the
impacts of the higher rates um on the economy and as a result in his most recent press conference
the UEA the Bank of Japan governor has been sounded a more doubbish tone uh so potentially we
could see that he’s not go they’re not going to increase the base rate keep it at the 0.5% um but
there are also potential people who are people who are saying well could there be any sort of is he
going to reduce the QT so stop the QT rolling off the balance sheet reduce the the rate at which it
rolls off the balance sheet or could there be some targeted QE so a particular points in the yield
curve so especially the long long end rates which some people have been calling for yeah obviously
this has massive implications for for crypto right because um you know it’s obviously if there was a
QE like in the long end rate that’s more liquidity coming into the market this is something that
Arthur Hayes talked about last week the the per Mr arthur Hayes Arthur Hayes bullish are you are
you sure i can’t imagine that couldn’t imagine it that’s very out of character so much so yeah yeah
um but also more particularly if you look we did a video on this last week as well as it relates to
the correlation and relationship between long-end Japanese rates and um Bitcoin and they’ve been
trading quite you know correlated quite recently um so it’ll be interesting to see what happens
over the next two days uh and and more so not just because the yen carry trade is some sort
of a trading strategy but because it’s a global liquidity phenomenon and how this unwinds and
how it rolls out especially from the perspective of how with what the BOJ does will be really
interesting to watch so guys keep an eye out for that tomorrow morning 3:00 a.m gmt okay well
we’ll be it will be 7 a.m our time so that’s when the rates are coming out i’ll I’ll have I’ll watch
that whilst I’m whilst I’m having my breakfast so that’s interesting so basically if if Japan
decides to restrict then um that could suck liquidity out of the market but if they decide to
loosen then liquidity could flow into the market and that would be good for other banks or or the
rate at which they’re doing particular things on the on the QT front how much the rate of the
balance sheet rolloff is uh and then on the rate side I think they most likely will keep rates the
way they are um but I think they could potentially slow some of the QT we’ll have to see okay so not
only are all eyes going to be on the Middle East um over the next few days as well but uh you
find folks who have tuned in today should also be keeping your eye on what uh what is coming
out of that uh Bank of Japan meeting because as I say that could be just as consequential if not
more so uh for crypto prices and for all our bags so keep an eye on that meanwhile here’s another
thing to keep an eye on and it’s the wall of fame is the boss [Music] okay we stop stop um oh man epic have we not
seen this no this is a new one marty we got to go back and buy Bitcoin we got to go back
and buy Bitcoin we got to go to 2009 um I like that that’s a good one that’s one That’s one of
the better ones um certainly at least guy’s not a woman yeah certainly I’ve done better out of
it this week than uh than last week um okay so uh we’ve got some we’ve got some interesting ones
for you today first up let’s start with the wall of shame um now who’s this who’s this guy Nick he
he doesn’t possibly look like he could be a baddie look like a baddie no he looks like a totally
upstanding chap you know beacon of beacon of the model cryptocitizen so I don’t many in the
crypto natives would would know this guy’s name if they’ve been on crypto Twitter especially in
the memecoin space um last year uh so his name is Sahil or something and he basically got a lot of
these celebrities last year kind of scammed them and basically got them to launch meme coins in
their name and profit off of it and dump and dump on followers uh the likes of Caitlyn Jenner Jason
Derillo um and a few others um Debbie Dove and these things and the reason he’s come up again is
because Coffeezilla did an interview with him uh over the weekend yes I saw that you saw that and
what’s crazy in that interview is not only is he I fully admit you know what he did and how he did
it and you know dumping on people rugging tokens etc but he seemed to as a but bragging about
it not even just about like I’m admitting to it but bragging about it and taking pride in it
so that’s not cool i think that obviously you know Yeah i mean look let’s face it these these
celebrity meme coins that we’ve seen come out one of the sort of worst developments that we’ve seen
over the last year or so fortunately that initial main because I mean it must have been again about
a year ago I think that they were really popping off um and they have uh they’ve fortunately died
a death but um I think it’s really instructive isn’t it obviously you can’t let the celebrities
themselves off the hook because quite a few of them in that Coffeezilla interview were sort of
trying to you know oh I didn’t know i didn’t know it was Jason Derilla basically saying yeah I know
i decided to run with it you know and scam it back and I thought it was a good thing um but what I
think it really under underlines is the fact that I mean it it kind of gives me the same vibes as
Hayden Davis that uh that scumbag in the bottom left there it’s like this is one of these guys
like just behind the scenes pulling the strings and just making this space infinitely worse for
their efforts so yeah a deserved addition to uh to the wall of shame and uh yeah do check out
that Coffeezilla interview because uh like most of his work it’s it’s fantastic um exposing yeah
one of the real baddies of crypto okay uh let’s change tune who is on the wall of fame this week
Nick this is Murad murad Madov the memecoin the memecoin super cycle master the gigab brain now
the reason he’s on the wall of fame is because I don’t think I’ve seen someone work as hard for
their bags as this guy and not only has he been we’ll get to his tweets in the in like in a bit of
his reply guy his mega reply guy like on steroids but he’s also started a YouTube channel and a Tik
Tok just shilling SPX6900 SPX 66900 and the sheer weight and power of Murad the his his his belief
in his token and his shill and his his um you know pump in his bags is rel6900 is like back to near
alltime highs again so crazy you got to give him the man credit for that you do and I don’t know
what it is about him but like obviously you know most of the time you see sh people shilling stuff
relentlessly it’s just really really irritating yeah I see him I see him on the timeline shilling
SPX6900 and I I just can’t kind of help I I sort of feel Yeah it doesn’t it doesn’t irk me in
the same way you know why you know why because he’s he’s only doing his one token his token
that he has full belief in he’s talking the game right and he’s it’s like as opposed to
most of these other KS who every single week it’s another coin they they shilling and dumping
whatnot he has a he and he puts a theory behind it i mean we did I interviewed him last year
and you can take a look at that interview and he he’s got a theory behind why memecoins
are the solution to many of the societal ills we have whether you believe it or not is
not the question but he has a strong belief in it and he’s talking his book constantly and
he know you can see his wallets they’re public so you know I think he deserves to get there
well done Morad there he is the the man with the uh best second best Barnett in all of crypto
there is no second best like Bitcoin there is no Okay now um just a year ago if we’d heard
the chairman of the SEC making positive comments about uh about the importance of self-
custody about self- custody being an American an American freedom um we would have thought that
uh that Mr gensler was probably on some sort of hallucinogenic substances or something
it just it just would not have happened um but fast forward to 2025 and the second age
of Trump and everything has changed um so this is the news that Paul Atkins the new chair of
the SEC fairly recently sworn in um the SEC has been hosting sort of crypto roundt events haven’t
they where basically meetings with various figures in the crypto industry to try and find uh you
know consensus and a way forward for for crypto regulation in the United States that itself is is
kind of wild and again if you look back a year it would be it would be hard to imagine um but even
more so is the fact that Atkins has made some very positive noises about crypto and it seems like
DeFi in particular um you know he says that the self- custody of digital assets I quote here is a
core American right and should be protected online just like offline property rights um yeah this
is this is quite extraordinary crazy yeah and he’s he’s basically of course disting distancing
the SEC from the past enforcement heavy tactics that lumped mining staking or wallet software
into securities violations there we go the man himself from the old era an old era Voldemort oh
get him off the screen get him away from here um it’s also a new regulatory vision right so Atkin
wants Atkins wants formal rule making so not just these vague memos we used to see in the past
yeah in terms of how to define uh DeFi as it fits into the US law so especially for things
like stake in wallets decentralized apps or DAPs and central issuers yeah which let’s remind
ourselves is really all that the crypto industry has been asking for for the for the past I don’t
know how many years um but it seems like we may actually be getting there now and I think this
is this is the kind of bullish news that maybe gets forgotten in the in the heat of everything
else that’s going on um and this you know this is kind of one of the fruits I guess of Trump’s
election victory obviously Trump has kind you know he’s been a bit of a mixed bag for crypto in
some ways but this is this is crypto getting what we wanted or getting very close to what we wanted
and this is this is really really exciting and it’s been very interesting as well to see how
sort of at the moment old school DeFi tokens um old school DeFi projects mostly sort of you
know based on Ethereum although that you know quite a few of them are multi-chain now um but
have been outperforming haven’t they exactly so the likes of unis swap which is up by 23% over the
last seven days a mentioned token up 11% sky which is make a dows rebranded uh maker token up at 13%
and then catch get comp compound wow up a whopping 30% old school like summer 2020 DeFi summer um so
it’s it’s really interesting and I think that okay so that’s on the Ethereum OG tokens i think it
would be interesting to determine to think think about now and do a thought experiment is okay so
those tokens have been rallying yeah what other DeFi related tokens could do well if we still see
more positive overtures from the SEC as especially clear rules and regulations especially when it
relates to the um act the new clarity act um in terms of defining the the remitt of the SEC
and CFTC yeah well I think it’s you know given the way that crypto seems to seems to work
nowadays you know seems to attention seems to shift my guess would be probably you know if
we see a shift within DeFi a shift of attention within DeFi then it will probably be to another
DeFi ecosystem so Ethereum’s ecosystem as you pointed out with those tokens has been has been
doing well my guess would be that we could move on to Salana or something like that salana seems
to be another big DeFi ecosystem a lot of depths there yeah exactly um so you know we could
see you know we could see some of the like uh Jupiter radium radium marinade gto all these
all these sort of salana based projects uh doing well there and of course it could be good for
soul too yeah uh sweet and then of course another ecosystem potentially which is popping off is the
sui ecosystem there’s quite it’s newer obviously uh and it’s seen as an alt L1 competitor to Salana
uh so the SUI ecosystem keep a lookout on some of the exciting DAPs on the SUI front like the the
D5 related DAPs and then of course the talk of the town we can’t avoid it is hyperlquid um now
the reason I put mentioned them as well is because they about two weeks ago they submitted comments
to the CFTC who asked who had put out a request for comment as it related to perpetual futures
products of course they are a decentralized per deck mhm not just that like Hyperlquid just last
week or even today just this about few hours ago they broke it broke through another all-time high
yeah and uh also doing incredibly well in terms of open interest exactly yeah yeah um so that’s
another And I mean I’ve lost count of the number of of threads I’ve seen on the timeline about
digging into Hyperlid’s ecosystem of course you know the Hyper EVM there seems to be there are
a lot of people talking about lots of potential opportunities there so we could see that develop
um meanwhile now Nick this is news coming over the wires at the moment another DeFi ecos another
winner of uh these DeFi rules could be none is no other than Tron wow Tron who saw this one coming
to go public in the US after the probe into I saw this and I was like and this is you know crypto
you know crypto Twitter accounts they usually just go and post unverified news yeah i was like wait
a second that’s the Financial Times [Laughter] yep uh well I’m sure you didn’t hear it here
first i’m sure you’ve been seeing it all over the timeline but yeah it seems that Tron is going
to go public in the US this is this this is how much this things are changing in the reg in the
regulatory landscape there and we haven’t even talked about really uh stable coin regulations i
mean as you’re going to I think as we’re going to see in dates of the diary later on we could be on
the cusp of the Genius Act passing you know what I think the headline will be tomorrow guide well it
will be that we hear that pump fun has given up on the ICO model and is going to go list on go list
straight up just straight up to retail right now let’s go let’s go who cares about this this old
dated ICO model let’s go IPO classic securities right now hands up hands up who had Well hands up
who had uh Tron going public on their 2025 bingo card if anyone had um pumpf fun going public on
their 2025 bingo card put it up there guys well done you well done you so yeah huge developments
happening and again this is this is primarily uh good for DeFi but really good for all of crypto
indeed it is and if you guys are feeling bullish on Tron then why not pick it up on the best
exchange around i’m of course talking about Binance our first brand partner so if you guys
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well and you can do that with Ledger um they have uh these delightful new flex and stacks devices
out and they there’s a new um uh a new ledger flex a Salana edition flex and if you use the QR code
you can see on screen to get your hands on one of those uh then you’ll also get $20 worth of soul
as well yeah the transactions may drop a few times in in light of the Salana blockchain you know but
it’s got you have to try a few times uh I kid yeah but um yeah yeah that’s right Nick just just hit
on salt just hit on salon why not why not it makes a change from Ethereum exactly um but now another
thing if you guys are of course looking for the best onchain analysis around uh we’ll also refer
you to our third brand part and this is Arkham Intelligence now Arkham has an exchange so if you
scan the QR code there you can go and sign up and use their exchange they’ve got 50% off trading
fees for the first month this is an exchange that also takes some U US traders uh but of course
they’re best known for their onchain analysis and intelligence and onchain dashboard and we thought
usually we we bring you news which we will in a bit about things that weren’t posted onto their
Twitter but I thought it’d be interesting to bring one tweet in particular from their Twitter which
is well worth a follow yes uh he’s back james he’s long Bitcoin what what Chadlike number is he going
for this time Nick massive massive notional guys he’s taken out a gigad trade of $1 wow one full
US dollar man wow crazy well not exactly um po poised to make it back make it all back with one
trade but I mean 42 cents a profit 42 cents man that’s 42% well you know he’s cracking it man
well done that’s a lot better than some parts of my portfolio i can tell you that well I mean
your portfolio is in the red so obviously thank you but no um you know hey how it started how
it’s going you know he’s trying to make it back you know once a DJ always a DJ one trade at a
time um James Win still winning um meanwhile um uh they also did not tweet about this last
week um a particular whale maybe an institution um appears to have conducted an OTC trade with
World Liberty FI exchanging 40 million USDT for 400 million WLFI tokens someone is buying i wonder
who that could be could his company be related to something that’s going public soon could be i
wonder i wonder cause and effect maybe i don’t know yeah there we are that that’s that’s that’s
that mystery solved okay um let’s now have a look at the top performing uh cryptos from last week um
and we start off with Aeradrome the the big DEX on base um this has uh this has performed very well
over the last week now this seems to be because Coinbase is set to integrate base dexes into its
main app um and that was uh that was announced in a presentation given by it looks like Chris
Martin from Coldplay but I didn’t think it is maybe that maybe he’s moonlighting as an announcer
at at Coinbase’s events yeah maybe I we Yeah we should run the video see if he’s singing it in
a particularly annoying full setup um but yeah whether that’s Chris Martin or not it’s kind of
beside why you got to throw shade at poor Chris Martin bro i’m not throwing shade at Chris you’re
catching stra in our crypto analysis absolutely you know I I don’t Do you know what i don’t
think Chris Martin’s probably watching he may be a crypto fan you never know bro well not anymore
he ain’t um okay next up what do we got next nick uh this is AB so it’s the governance protocol
and a multi-chain infrastructure project um and it’s still it seems to be because of Binance
Alpha Listing um from last week so it’s the main driver of its price action i couldn’t find another
there is there does seem to be quite a lot going on in this in this ecosystem this used to be uh
Newton newton yeah I think yeah okay uh next up to absolutely no one’s surprise is SPX6900 man there
we go wow murad just will not stop um can’t stop won’t stop can’t stop yeah just take a week off
Murad um next up we have uh Kaya now this is an interesting project isn’t this the Wasn’t this a
rebranded this used to be Clayton clayton yes and it merged with another uh another I think South
Korean project it name’s gone out of my Phoicia uh it merged with uh Phoenicia um to form Kaya um
this is one of these projects I think that kind of flies under the radar of a lot of us uh you know
a lot of us in the west because obviously it’s a Korea Koreanbased project but I think is also
quite big in some other parts of Asia you know Taiwan and places like that um so there seems to
be a lot going on in the Kaya ecosystem as well um which I think explains why its native token
is doing well yep and then another one of course we’ve talked about it prior is Sky so this
is make m make a dows or the sky rebranded governance token so it’s a stable coin yield
bearing platform and it’s of course benefiting from the fresh DeFi hype we’ve seen and the
growth of stable coins in its ecosystem yeah and again maybe that could that could also be
pumping because as I hinted at earlier we may um get uh we may get the Genius Act passed
this week although that’s a bit touchandgo but that could be uh helping to pump Sky as
well okay tweets of the week let’s roll guys to start our first tweet of the week is this
one from Trader Mine what’s going on here so he is quote tweeting uh Cobra Tate who has
a man named Andrew Tater have you heard of him it rings a bell rings a bell yeah rings a
bell he’s a motivational speaker he helps young men and you know in the in their struggle
for life okay helps is an interesting word anyways yeah he was um he got into the hyperlquid
shilling game last week and and you know sharing uh positions he entered into on hyperlquid
and he shared a ref link and the thing is because hyperlquid is a dex and it’s fully
permissionless if someone shares their ref link you can obviously just go back and check
the hyperscan and see what’s going on in their wallet address right so it turned out instead
of being up on ETH he was down some you know a few hundred thousand so I think I I think
around 600k yeah exactly so you can’t lower on the blockchain And and what’s hilarious
is that he deleted a lot of his tweets and I love that comment bro thinks he can escape the
matrix when he can’t even escape the blockchain do they teach deleting tweets in the Hustlers
University i wonder okay uh next up we have a special um special joint edition of grown men
who can’t use social media properly apologizing for being idiots well not just being idiots
both apologizing for one for one for accusing someone being of being a P word and the other
one for accidentally admitted to something of that effect or not really admitting but basically
trying to get involved in the discussion in a way that didn’t really come off well but both
have apologized um in so obviously there’s Peter Schiff and there’s Elon Musk yeah yeah
guys just get out touch grass Elon spend time with your many many children Peter go and count
your gold bars or something like that and just stop tweeting you’re not very good at it okay uh
next up we have uh this one i love this one so Oh it’s our friend Murad um so Lunart um is listing
some of the many ills uh that are bedeing society at the moment the loneliness epidemic epidemic
mental health decline al alcohol consumption reduced i mean I thought that probably a good
thing um global unrest reduced birth rates etc murad has an answer Nick yes the answer is
joining SPX # SPX6900 gives you the opportunity to fix this significantly it’s the golden key
it’s the thing you’ve been missing guys all you needed was to have SPX6900 in your portfolio
and all those ills all those emotional stresses you’re going through the mental health decline
it’s all sorted just just think how high those birth rates would be i mean we’d be there’d
be just children everywhere um and uh yeah Kobe Kobe’s reply’s relentless we’ll give him that
absolutely relentless is is right okay uh speaking of relentless oh my word he’s back so again more
societal this time the fact that you can’t get healthy food on an airline who knew um and again
Murad uh yeah listing listing all the reasons why airline food is unhealthy and again coming up with
the solution processed carbs have higher profit margins easier to store for long periods easier
to quickly heat up cheaper for the price sensitive consumer just corporate hyper optimization
they don’t care about you look into SPX6900 well I’ll I’ll definitely think of that Miraad
next time I’m on an airplane faced with unhealthy choices only um like I say I mean that’s why
he’s on the wall of fame this week folks legend um and we also have this tweet of the week uh
from Icebergie um yeah so this is reacting to the news that Tron is going public in uh in a
reverse merger um AOC Alexandra Aasiocortez who I don’t know assuming she’s the next president
is going to send us all to Gipmo when this is over and then Bernie Sanders is going to pull
out the Chinese water to the water boarding did you buy the Tron yeah did you were you
involved in Tron’s public sale um yeah so uh just just um Well I guess if you like a timely
reminder that we should probably enjoy these times while they last because they won’t last forever
okay Nick any coins to watch next week coins to watch are one the 20th of June is Nillian or nil
uh and they are integrating with Monad to help the next generation DI apps work with sensitive data
privately and efficiently now Nillian is a privacy secure blockchain layer 1 which we’ve invested
in as well and Monad is of course this very uh a lot of hype around this it hasn’t even launched
a token yet i think it’s done test net phase or something yeah um so crazy still waiting for the
Monad drop or I think they delay they’re probably trying to Yeah they were thinking about doing
their TGE just before war broke i don’t We’ll have to delay that a little bit yeah they’re just
about to press the button oh no wait wait wait okay we’ll go back okay so uh Nillian and Monad
one to watch and then virtuals protocol on the 22nd of June now this is guys if the if crypto if
crypto is making you feeling lonely and lost with mental health issues don’t worry you can always
rely on Solace quite a fitting name actually so Solace is your quote emotionally intelligent AI
comp companion so you can go and talk with your AI agent emotional companion to help you out okay
a classic a classic example of crypto providing not only the problem but also the solution as
well fantastic okay now uh Nick as we’ve talked about as we’ve mentioned a few times throughout
this stream this is a very consequential week um not only in terms of all the macro stuff you
know of all the sort of stuff that’s happening in the in the Middle East and beyond but also
there are some big uh dates for the diary that you need to be aware of yep so indeed as
we mentioned Bank of Japan meeting today and tomorrow tomorrow morning uh 3:00 a.m gmt we
will get news about what’s going on with the rate uh decision as well as you know speech from UEA
june 17th tomorrow again potentially potentially a vote on the Genius bill as soon as tomorrow
we shall see this is of course the stable coin bill that they passing through the Senate that
will have big implications and then June the 18th is the FOMC meeting um now obviously
the probabilities are there’s not even a probability for a cut it’s like 99.8% chance of
that there’s a 0.2% chance no that’s not a cut that’s of a hike oh that’s a hike i was about to
be like you’re saying there’s a chance there’s no chance bro there’s no chance according to these
markets mate zero zero okay okay so if any of you got out of bed this morning thinking ah maybe
we’ll get a rate cut this week go back to bed it ain’t happening it ain’t happening okay so yeah
i I Yeah like I said at the top of the stream I really think this is this this has very sort of
consequential week vibes about it exactly so um it’s going to be one lock in guys lock in um stay
strong um so I’m just having a look through some of the comments here um not only have we had
people from Maitius hi from Tanzania ah have you been to Tanzania yeah I have yeah I have yeah
is it a nice place yeah isn’t Zanzibar next i have been to Zanzibar but I mean that’s you know and
then there’s also um Yeah like the mount mount is part of the Serengeti also in Tanzania you
know mount Arouchia i think I’ve been to there as well so a few places around Tanzania very
nice okay luxury life experience um I’ll be heading your way before you know it uh Rob Wood
is is what does have a lea evening mean is that an aff yeah good evening lea good evening in Dutch
is something sweet i think it means sweet but yeah sweet lacquer nice thanks Brew here we go um uh
War Zone M6 any opinion about H&T about Helium helium yeah I mean well it’s one of the pre-minent
deepen projects right on the Salana ecosystem um it was doing pretty well last year with the Salana
hype uh I think that but you and I’m curious to see what the subscriber numbers are like on the
Helium subscription plans because I I did see some news recently that they are still growing
i think it’s one of these projects that it seems to be like just slowly kind of chugging away in
the background it’s not necessarily shooting the lights out and certainly the token price I don’t
think has been doing anything much recently um but it seems like it is still it is still going
it’s still grinding away still growing slowly but surely yeah i think the problem is that the
deepen narrative seems to have slightly faded recently when when all these exciting deepen
projects were out there remember last year the likes of Hivemapper and all these others and
it just seems as if now people are narrative jumping yeah um Starchild Junior i I enjoyed this
one when your monads drop you become a man you’ll become a man my son he said he said what we all
made the pun that we were was all at the back of our at the back of all of our minds um Dylan
uh is in Maitius also living here and loving it but originally from Belgium well wow quite a few
people from Maitius though that’s interesting i’ve heard nothing but good things about Maitius wait a
second didn’t we have one stage have when we used to do this thing of like the wall of shame where
we put pe countries on and Maitius is one of them oh yes because not enough people from Maitius
were watching but they clearly got the message exactly now look at that we should do that more
we should start shaming countries publicly again um someone else pointing out that that picture
of me uh with the long hair um and the champagne bottle yes that one thank you celebrating his
first BTC purchase now I think ah I think that’s 200 maybe six seven so sadly not but bro I need
to go and buy something on the Silk Road what do I do with what I do how do I do it bitcoin what
the [ __ ] is Bitcoin bag a silk road bag um yes uh so there’s that and there was uh one other that
I wanted to bring up uh Rebel Science um hey from Latvia lapia we love your show always top-notch
comment and info i love Lavia i’ve been to Latia you’ve been to Lafia before i have not been to
Lapia ria is cool man yeah recommended definitely okay go join the summer though and Martin Bravik
says “Used to follow a s ton of channels mostly Rahrra stuff.” What’s ra What is Ra stuff martin
now back to those no BS and with extraordinary insights which top of these is undeniably you
guys with my favorite show is the Monday live thank you Martin pleasure so much that’s nice
really appreciate close with a bit of blowing our own trumpet okay that is about it for today
folks like I say big week coming up lock in stay focused keep watching and we will be back next
week take that photo off screen good grief um uh thank you thank you all for joining us guys keep
calm and huddle on yeah hit those likes people’s guy is going to hide Nick Mitch’s gym membership
card if they don’t get a thousand likes this week [Music] [Applause] makes Mondays worth it
i just worked it out it’s Richard Hammond that’s who you sound like guy loves BTS i’m from Brazil
this channel is the best when Lambo prices went up with crypto quit spreading Lambo misinformation
i cancelled my Lambo order and got me a bike son [Music] is that photo still up get it what why
hilarious i’m going to get more of these sideburns as well guys should we get more photos of guy like
this going back and dig into the the coin bureau history tree that’s a that’s an old school
photo as well it’s even got a bit of red eye
Bitcoin, Middle East Madness & the SEC’s DeFi Pivot | Crypto News Live
Join Guy and Nic for another action-packed episode of Crypto News Live—where geopolitics, central banks, and crypto collide in real time.
Bitcoin spiked past $110K after bullish CPI and China trade news—but gave it all back as Middle East tensions exploded and jobless claims surged. Meanwhile, the SEC is shockingly warming to DeFi, and Japan’s bond market may be about to break the system.
From ETF inflows and oil shocks to BOJ panic and Paul Atkins’ regulatory revolution—this week has it all.
🔥 Key Highlights:
🟡 Bitcoin rallies, then dumps as Middle East conflict and oil prices heat up
🟡 BOJ faces yield curve chaos—Arthur Hayes says QE could be back
🟡 SEC’s new leadership backs DeFi, and ETH-based tokens are pumping
🟡 BTC breaks Google’s market cap and hits new ATH before retracing
🟡 Saylor buys more Bitcoin, Trump talks peace, and ETF flows stay strong
🔔 Don’t forget to like, subscribe & turn on notifications so you never miss a moment of macro-meets-crypto mayhem!
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~~~~~~
-TIMESTAMPS-
00:00 Intro
02:55 Bitcoin Price Recap: From $110K Pump to $103K Dump
07:28 Weekend Events — Middle East Conflict & BTC Reactions
09:48 What’s Coming This Week — FOMC, CME Gaps & Volatility
12:57 Viewers’ sentiment check
16:43 Middle East War: Iran, Israel & Market
17:43 Tail Risk: Strait of Hormuz Oil Shock
20:23 BOJ Meeting — Could QE Return? Global Implications
23:00 Why BOJ Policy Matters for Crypto & Bitcoin
25:01 Wall of Fame & Shame — Murad vs Sahil
29:53 SEC Goes Pro-Crypto: DeFi Tokens Surge
32:29 Top Tokens Benefiting: UNI, AAVE, SKY, COMP
33:50 DeFi Narratives on Solana, Sui & Hyperliquid
37:03 Get HUGE discount from OUR Brand Partners: Binance, Ledger, & Arkham
40:08 Top Gainers This Week
42:50 Tweets of the Week
47:04 Coins to Watch
48:33 Dates for the Diary
49:45 We read your comments!
53:17 Outro
~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #Altcoins #Solana #Ethereum #SOL #ETH
11 Comments
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bullish on fragmetric!!
100% jito etf would be super bullish for sol
lfg bullish af on sol etf!
Don't we supposedly have millions of oil barrels in reserve? Enough to last us like a decade or something? If that is true, then we do we freak out about oil and treat the Middle East like its the source of all oil? It isn't. This is when we should tap into reserves and other sources but instead the price jumps? I don't understand.
Guy, you look awesome with the wavy long hair.
You can always break out your Etherium garbage bags if you get desperate.
Hi Nic, are you South African? Your ascent sounds South African 😊
16:06 is that Guy or George Clooney? 😆
The war hardly causing any dip and Trump Media buying alongside GENIUS act will be passed, I´m team Skyrocket at least midterm.
I’m sorry but that laugh is annoying