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00:00 Welcome back. So, today it's absolutely fantastic day for crypto investors. There's no other way to to say it. This morning, we started out hot and it just got hotter and Bitcoin looks like it still wants to run. So, let's talk about what's happening right now, what to expect, where can we head to next, and why we're just moving so much now, right? And as for the bears, good luck to you.
00:33 So, right now, we're sitting at 865, uh, which is really good. This morning, I think we started out at 84, 85, and we just kept going. And in fact, we went up as high as 874. And that's actually a resistance that I marked years ago. Okay? So, we're like right below it. We're not that far behind. We hit it. We retraced a little bit and we're gaining strength to to go up higher.
01:01 So, that's what it looks like right now. Right. Uh let me remove that. So, that is where we are. And the next stop is there. Okay, that's the major stop. There may be a few little stops here and there, but overall that is where we're heading to. If we can break through this 87, the bears are trying, the shorts are trying very, very hard to keep us below, but the momentum is back.
01:35 The buying is back. ETFs, stable coins, long-term holders, even short-term holders with their FOMO, they are coming back. So, if we break through this, there's not much holding us from hitting 90s quickly, especially I mean, just look at this 1 billion over 1 billion 1.1 billion wrecked almost all of that on the short side. So, again, good luck to the shorters, to the bears.
02:05 don't know why you continue to short. There are some people that have come around and said, "I'm wrong. I don't think we're going to go down anymore." Okay? I mean, just just read the room. Look at what's going on, and you'll know that, yeah, we're in a true recovery. Obviously, we've been coming up from the bottom for quite some time now, for a few weeks now, and now we have the true strength that we're looking for, and the shorts are getting wrecked.
02:36 And the more they get wrecked, the higher we go. So absolutely fantastic. And this morning I talked about how we crossed the 50week moving average. And this is something that a lot of traders look at in terms of breaking out from crypto winter is it takes a long time. This is weekly, okay? Takes a long time to break below and it takes a long time to break above.
03:01 The last time that happened was back in 2022 and we started recovering and then we never looked back until we hit 126 and we have just broken it. Right. So, is history going to repeat or rhyme? It's looking like it. And it's looking like this bare cycle, this crypto winter has been habed because normally we would still be heading down. Normally, it would take about a year and a half before at least a year and a half to two years before we start recovering.
03:36 And we're only about 9 10 months in. So, we're definitely early. But hey, I'll take it. Why not? Why not, right? So, it's looking good. Now, what's also looking good is this. Look at this. X is about to go all in on crypto. They're partnering with Gemini, Kraken, Mumu, Coinbase, Interactive Broker. So, crypto and stocks, but all these basically offer crypto.
04:05 So, they introduced money recently, okay, which is kind of like their own bank. You can earn a lot of interest up to 6% like four to 6%. And they make all creators like subscribe to that now in terms of you want to get revenue. But pretty soon they're gonna integrate all of this so that you can buy your crypto or stocks like Coinbase or Micro Strategy straight from X.
04:32 This will be huge. We're talking about hundreds of millions of people that can buy on a whim when they see something posted, right? Maybe not such a good idea, but it's going to happen. It's going to happen. So things are looking good. I'm excited. You know if you look at the charts there are a lot of good things happening. ETH is 2700 almost 28. Soul is almost at 120 and today like Sooie went up like 20 something%.
05:05 ADA is up right now it's down because we were up so much but yeah like arbitrum is up like 20%. I mean it's just absolute insanity today which is good for all of you guys in crypto. This is just a gentle reminder of what's to come outside of crypto. Uh speaking of X, X did release their Gro 4.7. Okay, if you're AI guy, I used it. Honestly, I think it's benchmaxed.
05:36 So, supposedly it's better than 4.6, but using it is really not. It's not faster. It's not any better. So, seems like Elon and X and Space Xi, they they kind of fell for the trap and they they were pressured into releasing 4.7 when it really wasn't ready. So, unfortunately, that happened. And then also, I saw this OpenAI, you know, there's a lot of talk about how they're going to uh introduce a few models tomorrow.
06:06 Okay. And one of their models, don't know if it's going to be the one being introduced tomorrow, is so good it it closed more than a hundred math problems, like the hardest ones that haven't been solved for decades upon decades. Okay? And this model is solving like crazy. So the math whatever math association group, math wizards out there, they're they're gonna get together because they don't know what to what to think of because now AI has gotten so good.
06:39 You may not need mathematicians in the future anymore because AI will just solve all these problems. And then imagine if you combine AI with quantum computing. That's going to be insane. Basically, every math problem ever that ever exists or will exist will be solved almost instantaneously. That would be Skynet basically. I'll tell you that uh Clashpad, if you guys haven't checked it out yet, please do so.
07:10 We're up to 98 soul. Okay. And we're going to climb above 100 soon. This is rewards. soul rewards that are sent to holders for people that have bought and held their tokens from Clashpad. And we have a couple new ones. There's one here. I think a lot of you guys recognize this. This the most educational XRP video ever created, right? We got a couple of ones that are actually gaining some momentum here.
07:42 Okay. But overall, I think a lot of people are very excited about Clash World, which is coming up. That is a game that I am developing. Okay. Um, but if you haven't checked out Clashpad yet, make sure you do so. You could create your own token, your own meme token or serious token if you want. Okay. And all the holders get distributed soul in in terms of reward just simply by holding from all the transaction fees that gets charged.
08:11 That is what gets distributed. And you know what? people that love a project, they could get rewarded to hold. And that's a very different premise than all the other launchpads and and projects that you you hear of out there. Okay, that's really it. So, Clashpad doing very well for Clash ecosystem. The flywheel is working. People love the fact that they get rewarded and a soul and there's a lot of new tokens in here.
08:37 Some will become hopefully the next billion dollar project. So, go check them out or start your own if you don't like any of these. All right, that's it, guys. Overall, we're doing pretty darn good. And Asia is about to wake up and we'll see if Asia decides to FOMO in. Most likely they will. No reason why they won't. And the rest of this week looks pretty darn good. All right, guys. Smash it like, subscribe to the channel. Take care. Bye-bye.