BITCOIN: UNBELIEVABLE!!!! 🚨🚨🚨 Transcript, AI Summary & Key Points

00:00 We're clicking the button. Oh yes. Oh yes. Oh yes. Oh yes. Guys, welcome to another episode. And as you can see right now, Bitcoin is still at around the 200E moving average. We're at 6465. We're still in the same position. But guys, big things are happening. Tether Printer is back on. If you've been watching this channel throughout the 2017 bull market, throughout the 2020, 2021 times, throughout all of the things that just happened in 2024, 2025, you know that whenever you have bull market, you need to have the

00:30 tether printing. Without tether printing, no bull market. Tether printing is one of the biggest biggest signs that we are becoming massive, massive, massive, massive bullish. This is very very important because as you see the bullishness return to crypto there will be signs. There will not be a big announcement when someone says hey guys now is bull but there will be signs and one of the signs is the fact that we have tether printing like there is no tomorrow.

00:57 1 billion new tether was printed yesterday and they printed it on Tron chain. This is very important because we also discussed a lot that Tron has been performing very very well in terms of the price. Look at the Tron chart. Then look at the all of the you know blue chip blue chip blue chip orbit room. Look at Tron chart. Then look at like orbit room.

01:17 Look at Tron chart. Look at the optimism and all of the ETH maxis have been assaulting basically assaulting Tron on social media saying that it's a shitcoin yada yada yada. Look at the Tron chart and then look at their favorite L2 such uh fundamentals optimism chart. I mean it's crazy. It's crazy. I I can I never get tired mentioning it because it really narrows in on this hypocrisy and all of the that is in this industry where people say things not because they use their brain but because they parrot if with Tron

01:52 versus Optimism or versus orbitum. Look at Orbitum. It's another one of these blue chip blue chip blue chip just straight down with the Trron versus all of this uh you know approved approved projects by the high priests. You see that it's really striking at the core of the hypocrisy, at the core of this paring where people say, "Oh, I love optimism.

02:14 I love arbitum. Why you love it? Oh, because East podcaster said and then Trump, oh, TR is a scam. TR is scam." Why? Ah, because ETH podcaster said, you see, you need to use your brain. You need to be independent thinker. Confirm that you are in the comment section. Just like Guzman, Guzman is an independent thinker in the comment section. So, look here.

02:30 Tether back printing. That's very, very nice. Also, look here. Trump media discloses that they have a billion bitcoin. Okay, very important. President holds a billion bitcoin. Okay, 95 million to be exact, but basically a billion bitcoin. So at some point before Trump's term is over, there is a good chance we see the the reserve, the big fat national reserve with BTC.

02:55 Maybe they're preparing us for the next bull. I mean, let's see. They don't want to buy Bitcoin expensive at 120. Maybe they want to buy Bitcoin now at 60. That would be very very nice. Look here. Sailor sold 108 million Bitcoin yesterday. And many people are saying, "Oh, it's bearish. It's bearish." It's actually very bullish. Why? Because a sailor, he sells bottoms.

03:14 Look at what he did during the last cycle. He sold the bottom. Okay? He buys high and he sells low. This is typical typical seller behavior. And by the way, it's not because sailor doesn't know when to buy. It's just that when it's high, when the Bitcoin price is high, he can raise more money. The whole world is more excited about Bitcoin. They give him money.

03:36 For example, when he does a stretch and other stuff, the world, the financial markets give sailor money when crypto is hyped and then they expect him to allocate it quite fast. So it's not that sailor is doing something bad really that he cannot that he himself is making wrong decision. It's more that currently the financial market is not giving him any money.

03:56 So he's forced to sell. But for us for us seeing that he has to sell the bottom basically. Fantastic. Fantastic. Fantastic. So, also look here. Uh Trump, not only does he have uh a Bitcoin around the billion, he's also buying and buying and buying more Bitcoin. So, I totally understand why Democrats don't want the Claracy Act. I mean, it makes sense.

04:18 The president has a freaking billion dollars in just in one of his companies. Just in one of his companies. He has many companies, okay? He has shitcoins. He has Bitcoin. And I understand why you you may not see the Clarity Act be be passed in the coming weeks. Now they speak about September. The new thing is that it's going to be in September, guys.

04:39 Now it is in September. Okay. They're going to have a some kind of vote. Maybe in September, maybe not. They're trying to push for September. I mean, no one knows basically when it's going to be. Maybe it's never going to be with president having a billion Bitcoin. Maybe it's never going to be. We We'll just have to see. We'll just have to see for now.

04:53 And guys, our brilliant uh brilliant uh boy, genius boy, the genius boy Vitalik came from his bedroom with a new road map. Man, this guy, he prints road maps as you know, as there's no tomorrow. He prints road maps as the Fed prints dollars. Each and every few months, he has a new road map. So now it's a new road map. It's straw.org. And by the way, I like it.

05:18 I like it. But it's just funny that he he comes up with new road maps all the time. He did this website straw strawmap.org by EF protocol which is like a new Ethereum foundation. He has this uh picture here with everything that's going to happen. Now again when it comes to ETH road map Vitalik just comes up with uh stuff and that's the road map. Okay that's the road again when people accuse you know that Sulada is centralized or other coins are centralized.

05:45 Vitalik literally wakes up. He, you know, scratches his head and he's like, "Let me change the role number. Before it was it was um L2s. Then he changed. Now he changed again." And by the way guys, I remember we did this. We asked the AI about which coins are strongest in terms of quantum in the top 10, but I actually asked it wrong. You guys told me in the comment section because we were doing it live and my you know half of my brain is speaking to you, half of my brain is writing.

06:15 I did not write the question correctly. I I didn't write which coins are strongest in qu quantum. I think I just wrote which coins have like strongest crypto or something. So now we actually have a list of coins from Bulmania AI and it explains why certain coins are stronger or or less strong. We're going to go through that for now. Let's just check this straw man.

06:35 This new vitalic road map that he pulled out of somewhere but it's good. I mean I actually like it. I actually like it. So basically quantum safety is up prioritized. Okay if you like quantum vital is going to bring it faster. Some other items were dep prioritized. For example, VDFS is basically randomness and many other EVM improvements which I also think is good because we need quantum number one and then they need to make L1 fast number two and all of the other stuff is okay as is.

07:04 I mean everything works now. Just make it freaking fast. So you don't need L2 and make it quantum. So there's no problem with quantum uh worries and we can have more money into ETH. So others were replaced by stronger designs. So before they had vertical tree, now they have unified BT, now they have PBT. Before they had state expired now they have new state.

07:24 So basically I mean all the stuff you just new stuff he scratched the head and we have new stuff. Okay so first class strong privacy kid nonsense recent roots aggressive postquantum scaling lefin okay linfin signature that's interesting zk zk frames. There you go lenification of the entire spec. I love it. I love it. I mean already by looking at this chart is a bit simpler.

07:52 I know it may it may look complex but in comparison to what they had in the past with all of the L2 with the splurge the surge the gurge the B like it was crazy. So now it's a bit simpler blob and gas futures native roll up. Why you need roll up man? You remove rollup remove. This is the first thing I would remove. The first thing would be to ban all of the old twos and more open future for execution.

08:17 Zik zikka frame. Okay, there you go. So, Vitalik is saying Ethereum will be quantum safe. In general, a lot of overlap, but some things got reshuffled in order. For example, quantum saves is some things they prioritize like we said. Notably, all of these things that we just said. A common theme in scaling found in both state types and zikziz frames is that uh instead of trying to maxim maximally scale all ether activities, we try to scale uh we try to create specialized mechanisms that have more restrictive properties.

08:48 Okay, there we go. Privacy protocols. That's good. That's good. I mean, everything here, I actually like it. The new road map, it seems that they now have been in tune with the market. We need quantum 100% and the thing needs to be fast and privacy and etc, etc. So, good good for ETH is good for ETH price. ETH price does not care guys. I mean, ETH price currently it's uh don't touch it.

09:10 Don't touch it. Now, we don't touch it. Uh it's bare bare trend in bare trend. We don't touch things in bare trend. No, no, no, no, no. And now it's just creating another lower high. So it's a high, lower high, lower high, lower high. The only exception to to not buying in bare trend is Bitcoin because Bitcoin is a 200 week moving average. It's one of the key assets.

09:27 It's not going to go anywhere and it's cheap. Historically around 200 moving average, Bitcoin is very very cheap. It doesn't spend too much time uh below 200 moving average. So if you buy it at or below, you're buying within the 10% window of time when Bitcoin is at this low low levels because 90% of the time Bitcoin is above the 200 moving average and now you can buy within the 10% window of time where it is at or or or below.

09:52 So Bitcoin is the only exception. Everything else no touching. We don't touch. Very very important. Uh so is going to go bull at some point. Currently not bull. And um that's why we we take it easy. if we take it easy. So, Anthropic, Anthropic is now buying cloud data infrastructure from where? From Bitcoin miners. So, Bitcoin miners more and more are starting to go to AI, which is also bullish because that's basically what happens at the end of the bear.

10:21 At the bottom of the bear, everyone kind of uh throws in the towel and says goodbye, goodbye, goodbye, right when it's time to get in. And you see strategy trying to make a bullish narrative in media. I I don't know if it's good or not. I mean, it's a bit Listen to this. Listen to this. Basically, they're saying they're central bank. Okay, listen to this point.

10:41 We have 4% of all the Bitcoin in the world, 840,000 or so Bitcoin. Uh we're the largest institutional holder of Bitcoin in the world. We're the largest holder really beyond Satoshi Nakamoto at this point. Uh so we sort of recognize we are now the bellweather. We now are the central bank of Bitcoin. >> And all of the Maxis, man, all of the Maxis are seal clapping.

11:01 They're like seals there. Yeah. Yeah. Let's go. Strategy. Strategy. The guy literally said, "We're a freaking central bank. We're central bank of crypto." And all of the Maxis Paris, don't use their bread. Yeah. Yeah. Yeah. That's good. That's good. That's good. Yeah. Yeah. Yeah. Man, what do you mean? What do you mean? You know how Bitcoin started?

11:15 You know how Bitcoin what was written in the first block? Canelor on the brink of bailout. whole movement is to remove central bank is to have a sovereign money that you don't connect it to the state you don't connect in but now everyone yeah yeah yeah that's good that's good that's good yeah sailor central bank man what is this it's crazy and not only that also stock is down and everything anyway now it's we're becoming more bullish so we will be speaking less and less like synically about uh all of this stuff because

11:47 it's going to pump anyway like strategy is going to as we enter the bull like everything is going to pump. But yeah, I'm still enjoying the last few few months here of u of bearishness where we can address the elephant in the room. In the bull market, guys, we we just go bull. We just go bull. We we don't discuss this uh cynical that much because in bull market, you know, it's bull.

12:06 We're bullish in bull market. But now we have a few months left of the bear where we can address things head on. We can remove the BS. We I can tell you the central bank fugazi. It's fugazi. It's fugazi. It's not what Bitcoin was made for. But listen, bull market is going to come anyway. Don't worry. Don't worry. Look here. Iman, I eman coming out saying, "What I think Solana leadership has done really well versus all other chain is to support all founders and ideas.

12:29 No matter how cringe uh the experiment may be, it enables founders to be weird and more expressive similar to what ETH felt in the early early days because um this leads to more experiments on chain and brings in net new ideas because eventually one of those is going to work. Yeah. At the end of the day, you don't want to support some experiments and not others.

12:50 It's just alienist. Exactly. Just like Vitalik supported forecaster or based Jesse from Basil 2. He said that Zora and other the the projects where you mint your own tweet, they supported them fully and not supported every everyone else. It alienated many many builders. You want the maximum number of experiments happening because that creates a hot bed for new onchain ideas.

13:13 Very very very true. In terms of the price chart, Salana is no exception, guys. This is Banan stay out. It's high lower high lower high lower high. So stay out. It's not the time for all coins. Currently it's not the time for all coins. There will be a time for all coins. No, it's not yet. Not yet. Young Padavans. Time for all coins. Look here. What is this?

13:35 Wides consensus on crypto that Bitcoin bottom is somewhere between 45K and 60K. Imagine if Cryptot Twitter is wrong again and the actual bottom is 12K. Imagine the smell. Oh yeah, that would be crazy if we go to 12k guys. For us it's okay. I mean we just deploy 10 to 15% in the buy zone right here. Should we go to 12k? Fantastic. I mean just deploy more.

13:56 Imagine the average price. I mean 12k is very is very unlikely but is it 0%? It's not 0%. I mean maybe it's a few percent. But imagine the the average price if you deploy 10 to 15% here. So in case this is the bottom, which it could be, you're good. And you can buy more than once we go bull bull trend. So you're fully like this this bull scenario you're fully accounted for but then if you go to 12 man you can deploy the remaining 90% of your money there fantastic fantastic but also this kind of leads me back to this

14:26 song to the song tone I say we're going down to 1k you guys remember bitcoin sorry guys wrong video bitcoin bottom out so let me play the song again because there is a teachable moment in it. One second. >> So, uh, you know, we all love the song. We all love the song, but there is a teachable moment here because I actually I I I mean, we were doing YouTube already when all of this happened.

14:54 This song what it speaks about. We were doing YouTube when all of this happened in real time. So, I will explain to you the song and you're going to understand how it relates to the current bottom formation. So, let's listen. Stop going sideways now. Don't say we going down to 1K. But Mr. Nocrat say we have 13 time. Bitcoin 40,000. >> Okay. Okay. So, let me explain to you what happened here.

15:48 This was in 2018 2019. Let me find it where it was. This was this bare market right here. Right here. Right here. Uh, sorry, not right there. It was after this one. It was must have been here somewhere. Must have been here somewhere. So, Bitcoin here. it was at 3K or something like that and people said it's going to go to 1K. So, uh, people said, "What if it goes to 1K?"

16:15 3K, now it goes to 1K, you lose another 70% of your money. And there's always going to be a lower bottom, uh, call, a lower bottom target that someone has. There's always going to be, even when the price was 3K, Tone We said bearish target is 1K. Now, it was his bearish target. I I don't think, to be fair to Tone, I don't think he said it's going to go to 1K, but but it's it's it's his bearish target in case it broke down.

16:39 So it did not break down, but don't I say we're going to go to 1K. So there's always a bare target in in all situations. So for us traders, we just need to know it and and be mentally prepared for it that in whatever situation you're in, there's always going to be a a bare target that is way worse than it is right now than the price is right now. It's impossible to bottom without bare target, which is crazy much lower.

17:04 I haven't seen a single bottom where people didn't say it's going to go down 70% more. Now, it could always go down 70% more. It like it can happen. It can happen. We just need to be prepared. So, how do you prepare? Practically here, we deploy a bit. We're going to be deploy more if it goes to bullshand and then if it goes I mean let's say go it goes to ton if I say we're going to go to 12k.

17:23 Okay, we're ready for that also. Let's go. Let's go. I mean, at the end of the day, bottom is going to be somewhere. We're ready for both, but it's a very very low chance that we go that low. I mean I I think there's a good chance we go to the 50s, we go to the 40s. But I think it's important mental lesson that if you think that something is cheap, something is bottoming out, you should expect that many people say that it's going to go 70% lower.

17:48 It's it's always like that. It's always like that. You never have a nice cheap opportunity without people saying it's going to go way lower. It it never happens. You never buy cheap without it. So just know it. Just know it. It's totally fine. Uh and uh yeah, you're probably going to see way more of that. Uh look here, look here, look here. What do we have else?

18:07 We have Intel. So, Intel has been a bit volatile because they issue a lot a lot of uh uh shares to to raise a lot of money. Okay, let's check what happened to their stock price Intel because yeah, it was a bit crazy here with the sell pressure which is now by the way rebounding. It's in bare trend. So, yeah, stay out. It's bare trend already since uh mid July.

18:31 So, as you can see, it's weak, man. I mean, as soon as you go bare trend, it's very hard. It's very tough. It's very tough. You are a chicken without the wing. You know, you are you have the wing clipped. You're a bird where the where the wing is clipped. So, bear trend. Yeah. Try to pump a bit. Now, there's a lot of concerns with their debt and all of that.

18:47 Now, if we look at the recent flips, all of you who are in Bulmania, you see on the weekly, we do have some new flips here. You have Shopify, you have Balance here. Let's check Balance here. So some some things are going bull trend on the on the weekly which is important. For example, balance here is now bull trend. Also if you use uh AI you can actually get a very very nice summary of what is going bull or bear in real time by using the uh the inspiration tab and then you go here to the money line section and you can

19:20 just click here you know which US stocks bullish on the weekly which cryptos bullish. So uh you have this inspiration tab for the different queries you can run, different prompts you can run uh if you need inspiration. Okay. And this trending is basically the recent news that have happened that you can ask about. Why did Bitcoin shrug off sale or selling headlines?

19:39 How big is CPI week for Bitcoin and stocks right now? By the way, let let's run this one because there is going to be CPI news later this week and uh I think Wednesday, tomorrow is the CPI and then Thursday is PPI the other way. Let's see. Let's see. Let's see where it is. And all of you guys who are not part of Bulmania, if you join basically to join Bulmania, you have to uh do a call with our team where we discuss your situation.

20:05 If you are serious, if we think that you're a good fit, we're going to invite you to Bulmania. So to book a call, go to bulma.com. Link is in description. Join the wait list. You're going to be invited in the coming days. If you book a call this week, this week when you're invited, you will get Bulmania AI included in your subscription. Okay, very important.

20:26 It's going to be for free included in your subscription. Everyone in Bulmania got Bulmania AI for free. Fully fully fully included in their subscription. So you can still get that deal if you go to boom.com, you sign up for the wait list. As soon as you get an email that you have a spot, you click and you book a call like a mfer, you know, like an mfer.

20:47 You you do it fast. You do it fast. Very important. So uh today is a real macro week, not a quiet one, but social heat is building. So you have Wednesday CPI, very important. PPI Thursday. Just like we said, uh the lineup matters because markets are using this sprint as Fed rate clue what's going to happen to the Fed to the to the race. Okay. So, uh we have huge inflation week.

21:13 So, all know if the inflation is low is very good. Then the printer is coming. Printer is coming. Um hopefully it's going to be going to be low. Hopefully, it's below expectation. Hopefully, it's below the target that they that they want. And uh yeah, keep an eye. This is a very very big thing. This week actually this this can make a nice green fat candle for the market.

21:33 Big fat candle for stock market, crypto market. So yeah, OPEC report July CPI inflation. Hopefully slow. If inflation is low, Valhalla, we go Valhalla. We go Valhalla. Very, very nice. The Fed can then print like there's no tomorrow. Open AI buying back 7 billion worth of shares in secondary employee tender. Basically preparing themselves for the IPO.

21:57 I guess clearing the cap table, removing some employees, buying back. Uh it's going to be a bit tough for them to go to IPO. It's going to be a bit tough because their economics are not that good. They lose a lot of money. But let's see. I'm very interested if they go to IPO. It's going to be very very interesting. Extremely interesting. Uh Trump saying straight of Hormuz is open again.

22:18 It's closed. It's open. It's like uh yeah, every day new something new. But today is open. Today's open. Someone asked about the clarity act. It's going to be in September. The new date for voting is in September. Gold pumping a bit, but gold is still in in bare trend. So gold is not interesting to us right now. Let's open it up. Gold, we don't touch it.

22:41 I mean, it's a pump. Yes. But as long as it doesn't go bull trend is just another lower high. You have a high, you have a lower high, you have a lower high. I mean, it's classic. It's classic. As long as it doesn't go to bull trend and prove us wrong, we we just treat gold in in this easy manner. Uh we we don't over complicate. We don't try to predict.

22:58 We're very humble, guys. We're very humble. Just like someone said before we started the stream that we are the most humble channel. We predicted perfectly October sell perfectly. Now we're buying backs way way cheaper. Slowly this saying we're prepared for flash down. We're prepared for instant. We're prepared for everything. But also we're humble because we're not predicting in terms of you know that I tell you I know it's going to happen.

23:21 We're predicting more in terms of the chart. So in that sense, we're not even predicting. We're just reacting. We're just reacting to the chart. So we're very good at reading the chart and we are humble observers of the market as I call it. Silver the same high lower high lower high lower high until proven otherwise. It is what it is. Is the brutal brutal reality.

23:40 It's a brutal reality. Uh so yeah that's that. Next uh we have hedge funds buying US stocks at record levels. So there's a lot of greed in S&P but it's bullish. See again many people say but Ivan is it's AI bubble man I know there's a bubble I know I know I mean I am the pe the person probably that told you about the AI bubble to be to be to be totally humble and frank I probably was the person that told you about the air bubble but we're still bullish even though it's a bubble because I don't know when it's going to

24:11 stop S&P maybe goes to 10k before it stops maybe goes to 20 maybe does a 3x before it bursts I mean who the hell knows we just follow the damn trend and it's freaking bullish uh NASDAQ the same thing we just follow the damn trend. So there is greed. There's obviously greed now in the stock market. I mean it just does high after alltime high after alltime high with all of the a bubble concerns.

24:32 It just does. So obviously there is greed. I know that. But to act on it in a bull trend is very bad. It's amateur and it is We don't do that. We don't act on all of these fears that you may be feeling. You may be feeling a bit of fear. We don't act on it if the trend is bullish. That's the power of having a system. And that's the power of understanding markets which I teach you in the bullmania also.

24:52 By the way, this bullman AI is just like an add-on on the big fantastic foundation of trading knowledge, trading knowhow that you learn if you are a bullmania member, which is very very important. And if you know it before the bull market, you are you're so set. It's crazy. Again, stock market is back in greed territory. Does not matter. It does not matter.

25:12 The trend is bullish. It can be in greed. It can still double and still be in greed. Okay, Jensen is now collaborating with banks in order to make Nvidia and the GPUs they produce investable assets. This is very important to pause on a bit because currently if you want to build a data center you may have issues getting a loan for it because banks are worried that the assets you have that they're depreciating like the GPUs they're depreciating asset.

25:44 So you may have issues getting the loan against your inventory which are your GPUs. Jensen has come out and basically said that listen I will be part of the financing I will ensure that if it is depreciating we can step in. So if you're a bank don't worry don't worry and it's a big thing because at the end of the day if we can have the banks fuel the AI bubble more stock market will rise more.

26:12 I mean Nvidia will have more uh more revenue because the banks are going to finance it. Okay. So, Hang details partnerships with Black Rockck, Blackstone, Apollo, KKR, Brookfield, Goldman to create financing platform targeting over 500 billion in thirdparty capital for AI factors. There you go. So, very important. Uh and with Nvidia size, they could make it work in a very very nice way.

26:42 Uh okay. Uh next next next there's a a lot of news a lot of news trying to yet again u make a narrative in the congress for for crypto for the clarity act pushing back on claims that stable coins are hurting community banks because it's a big part of the of the clarity act that bankers are coming out saying that all of the stuff with clarity act is hurting community banks.

27:11 the fact that you don't need a uh bank in order to use stable coin in order to go out and um get yield without the bank. So they don't like it. So Lumis all the time is trying to set the record straight saying that it's not true. It's not true. Banks can participate yada yada yada. So guys on this note on this note we have also Coinbase coming out saying basically similar stuff.

27:41 Let me play to you. Oops. Oops. Let me play to you this this video right here. One second. >> Where are you and your team this morning on next steps? >> Yeah, I agree with what Ryan said, Cheryl. We were very much hoping to start the process before the Senate broke for the August recess. Uh but what we've gotten uh which is something really special which is a date certain and a time certain when we'll have our first procedural vote and that's on September 15th.

28:10 I mean as you know time on the floor is the coin of the realm in the Senate and so the fact that we've got a date certain and a uh and a um a lot of senators who've worked a long time to get a bipartisan bill together I think sets us up really well for uh for when Congress comes back >> where >> so they're going to go to recess. They're gonna have a bit of summer vacation and then I mean apparently they're gonna be back.

28:33 They're gonna be back and uh let's see here I am. And uh in September there's going to be Clarity Act. I mean apparently apparently let's see if that's going to happen. Like I mean there's going to be big big problem with the clarity act guys. The president has a billion dollars. But let's see. Let's see. We don't need the clarity act for the bull market anyway.

28:50 Bull market is going to stop no matter what. Look here. the biggest banks on Wall Street want Congress to pass a bill that would let them put your retirement savings in crypto. So even the bankers are kind of pro- crypto. This guy, he does not like the Clarity Act. He's one of the opposers, an industry that remains largely unregul unregulated and one the Trump family has made over a billion dollars from.

29:20 So Democrats blocked it. And you see no likes. No likes. Let me see what they say. >> The crypto economy and BlackRock, Goldman Sachs, and a few of the worst other people you know are pushing to connect cryptocurrency into the real economy. And even if you're not invested in crypto, you should still be worried. I just went to a Senate hearing about cryptocurrency to try and understand this story.

29:41 The hearing was all about a new bill that the crypto industry really wants to pass. Here's what the CEO of Coinbase, Brian Armstrong, claims the bill will do. >> This bill would strengthen power for law enforcement. It would bring new consumer protections. And you have to remember the status quo is that we don't have any federal laws protecting consumers or helping this industry get built in the United States.

30:02 >> There's just one problem. This and all their other arguments are a smoke screen. The bill doesn't really do any of this. It doesn't protect crypto investors and consumers. It just pretends to. Think about the crypto economy. Is in its casino over here. If you want to go gamble on speculative dog themed crypto coins, you can. But there's a firewall between the casino and the real economy.

30:31 This bill tears down the wall. It allows traditional banks and Wall Street to hold and invest in cryptocurrency. So, we're connecting the crypto economy to the real economy directly, which means the institutions. >> This quite interesting how he frames it. This is very, very interesting how he frames it. He basically says that yeah guys crypto is not a real economy at the end of the day.

30:52 What is real economy? It is what people are doing. It's what you and I what consumers are choosing to do. That's the real economy. That's the real economy. If people want to have crypto, let them led them. He wants to be the nanny that says I buy not allowed to go into memecoin. I buy not allowed. And it's a very very big problem overall that we've seen during the last 10 years.

31:12 The bankings the bank telling you what to do because they have many opinion many many opinion. And now you have the bill coming out basically saying listen everything is one single economy if the users want to do this they can do this and obviously many people don't like it but it seems to be now the mainly the smaller banks I mean the big banks they all love crypto black loves crypto everyone who is doing any kind of trading they love crypto look at this >> have your bank account your savings your 401k can invest in

31:40 crypto since we're connecting the two economies in this significant way you might be wondering does the bill increase regulation and create a bunch of new protections for average Americans. And the answer, of course, is no. It still allows people to create fake tokenized versions of stock of American companies without their permission and without any investor protections, a shadow stock market, if you will.

32:05 It still >> Yeah. By the way, here's a good point. Here's a good point and we just discussed it in our private stream in Bulman on Friday where if you have a tokenized stock, it's not the same as real stock, guys. And it's it's very true. I mean that one is very very true. If you do have a tokenized stock and something happens let's say to the protocol to the exchange where you have the tokenized stock you may or may not get the actual stock back.

32:29 So if you can I mean if you're able uh and if you have ways to get actual stocks it's better to have actual stocks than tokenized stocks 100%. So that's true that's true because then all of the crypto benefits of like self custody they don't really matter because okay you have self casty but what do you own? you own a tokenized stock which means that the issue of the coin if something happens to them your coin is worthless.

32:51 So self-custody makes little difference. So when it comes to tokenized stocks the only use case that makes sense to me is you trade them shortterm. You trade them shortterm you're in and out use leverage that's it. You see you see them for what they are. Don't accumulate tokenized stock for your retirement for a stock portfolio. It's it's a very very bad decision.

33:11 So that's true. At the end of the day, as long as there is clarity to people what it is, I see no problem in tokenized stocks. It's just another thing that users may or may not want to buy. I mean, as long as they understand, as long as they understand what they're doing, u they should be able to. >> The president and his family to continue making billions of dollars in crypto from unwitting investors and foreign actors.

33:34 And now they even get to choose their own regulator. Normally, cryptocurrency enforcement has >> that that's the same with banks. Banks regulate themselves also. I mean the bankers are influencing banking regulation. It's like Elizabeth Warren said, "Oh no, crypto is going to regulate themselves." Yeah. Just like banks. Exactly. It's fallen to the Securities and Exchange Commission.

33:56 They're big. They're detail oriented and strict. But now the crypto industry wants to shift most of that power to the Commodities Futures Trading Commission. A tiny agency, a few hundred employees and shrinking at a time when they will apparently I love it. I love it. I love it. Regulators should be small. They should be small. They should have without resource.

34:16 They should have a few employee. They should be Yeah, I actually think it's not bad. It's good. It's good. You You don't need a big fat regulator. You need a small one. You need a small one. So, they use their brain and they prioritize the correct things instead of just doing stuff for the sake of doing stuff. I mean, that's the problem when you have a big organization.

34:36 They start doing stuff just for the sake of doing stuff to keep their big organization. Regulator needs to be tiny tiny tiny very tiny very very tiny and then they focus on the big big cases that actually make sense to focus on >> be responsible for regulating cryptocurrency and all prediction markets both of which are growing quickly. Now, what happens when an industry is allowed to write its own rules to dictate which federal agencies investigate and enforce those rules to run wild, creating speculative bubbles that

35:07 are connected to the economy? We all rely on. Is there any history of this that we can point to? >> The signs were everywhere, but now it's official we are in a recession. >> Yeah. Okay. Yeah. I mean, yeah. His ass is like dot like the GFC great. Okay. How how no one knows. Okay. You don't have to explain it. Okay. Yeah. I mean this material for Plebbea, guys.

35:37 It's material for Plebe. Material to get political support against the uh crypto bill. And you know what? It may be successful. That's why I'm not too bullish on Claract passing, but also we don't need it for the bull markets. We don't need it. Uh but yeah, the plebe industrial complex is big. They need to say look at Trump. Trump has a from a public standpoint of view.

36:01 It doesn't look too good with all of this billions made. I understand. So plebe industrial complex may stop the clarity bill. Okay. So yeah, let's see what's going to happen guys. Let's go to Q&A questions, answers, debates. Uh Near, by the way, speaking about quantum near is doing here the quantum stuff. Ilia from Near the founder. Let's discuss >> the interesting thing because near has been enabling ability to hold assets from other chains through our chain signature and through near and dance.

36:32 This means that now in your near account you can have bitcoin, you can have salana, you can have etheum, you can have some uh other assets real lws stable coins etc. And with this addition, you can secure your near account with postquantum cryptoc key. You can store that seat phrase, you know, somewhere in the ground uh and not touch it again and not worry about other assets because effectively the transitions as they happen on other chains will be happening by the near protocol upgrades themselves instead of you

37:08 needing to manually move assets on other chains. So effectively they'll be moved for you as protocol upgrades. And so that's >> yeah I mean what he means here is that in near you can basically have a near account and you can store all kinds of assets there. And he says that let's say you have bitcoin when bitcoin upgrades to quantum proof you will have to move your bitcoin to a quantum proof address.

37:29 I mean in order to be part of the upgrade the same with eth and sana and all other chains that when they upgrade you will have to do some actions to to move your coins to the upgrade version. if your coins are inside the near uh infrastructure uh which is their yeah this crosschain infra where you can swap different assets between each other he says you will you will not have to move they just going to they're just going to support everything uh out of the box with the with the new upgrades they're going to take care

37:58 of that >> kind of an important and noble way especially paired with confidentiality you actually can store your Bitcoin your helium your Salana your stable coins all in a confidential shardon and be safe. >> I mean, listen, Ilia is a great guy. I'm sure it works. I wouldn't use it though. Uh, but big shout big shout out to Ilia. The reason I wouldn't use is because it's another like third party a bit relying on near that you need to understand is it good?

38:26 It's not. We just had cold hard situation. The freaking horror wallet got now. It's another one where for the average player to understand what is happening in near how to use it. I would use near for the purpose of doing the crosschain swap. I mean it's very very nice. It's very nice. You can go from bitcoin to monero using near. It's very nice. And then you can withdraw it to your own wallet and just be done with it.

38:49 Uh because yeah holding long-term in maybe it makes I mean I'm sure it's good. I'm sure it's good. I'm sure it's nice tech but it's just you know I I'm you're here watching my opinion. Uh we I have a show I'm a bit of you know big in small circle you guys you watch the the the the show here for my opinion I tell you in my opinion I would not use it for long-term hodddle to have it in near okay I would not I would not we're also very humble by the way we never predict we just react.

39:23 So guys, a lot covered today. A lot covered today uh with the updates, ETH road map, tether. Let's go to Q&A. I'm just giving you my humble opinion. Yeah, but by the way, I'm bullish. I'm bullish uh I'm bullish near overall. But for long-term hodddle, uh I'm just telling you how I'm thinking. I I would not use it, but I love Ilia. He seems like a great guy.

39:45 Probably the tech is good. Ilia is very smart, etc., etc. But it's it's not about that. It's more about uh riskreward and uh understanding the full stack and having peace of mind. I mean if I don't understand the stack how near is working which I don't you really have to study it a lot to fully get how all this crosschain works and for you to grasp it for the average person doesn't make sense.

40:09 I mean even for me as a computer scientist it it does little sense. Could I learn? I I could learn it, but it's easier to just have peace of mind and have it in the freaking L1 of your choice where you want to store it. Just like, by the way, just like we said with stocks, if you are storing for long-term, no need to have it in tokenized stocks. Don't use tokenized stocks for long-term storage.

40:31 Have real stocks in your brokerage, in your Boomer brokerage, in Tradfi. It's better is for you. It's better if you can get access in TRFI brokerage to try brokerage to have uh uh stocks. is better because tokeniz stocks is the same but worse. Uh there is a use case for tokeniz stock to trade without KYC on hyperlquid to go longer. There is a use case then use it for that use case.

40:53 So uh sailor by the way comes out comes out with new with new AI slop. Let's see. man. He his co just said we're we're the institution. We're the central bank. We're the central bank of of crypto trying to build a credible narrative trying to be a credible voice. Then Sailor comes out with new AI slop. What the hell, man? Beat the coin. com. Thumbs up.

42:28 What is this? I knew it would be good. I just saw it randomly on the timeline. I'm like, man, let me watch a sailor's AI slope. I knew it would be good. Let's watch. I knew it would be good. I knew it would be is Japanese or which one? Or which one? Coming out of the bare market, we're seeing new VCs actively deploying into crypto in fintech. According to Imran, especially around alliance post them day and and suspect many of them will make their name in crypto next cycle.

43:19 When VCs leave crypto or refactor towards AI robotics, people often view it as negative, but it creates room for new investors to come in. That's very true. Guys, let's go to Q&A. Listen, let's go to We can discuss endlessly here what's happening. Let's go to Q&A. The only weakness of Ivan is that he's too humble. I agree. That's probably correct. That's probably correct.

43:38 What a great use of AI. That's true. That's true. I mean, listen, people complain that AI uses a lot of data, that it pollutes, that it uh makes noise, that it's ugly, it's destroying community. But guys, if we can have this kind of product, this kind of quality product, I think all of that is worth it. If we can have this quality, I guys, for for this, I think it's worth it.

44:06 I think it's worth it. There's like a big push against data centers in the US. The plebas don't like that the data center is built close to them which I can understand. Uh but yeah, I mean look at the product. Look at the product we're getting. It's very very nice. But the best product of AI guys, it is the bull mania AI. I mean for Marquez this one is it's it's crazy.

44:26 It's crazy. You can ask it anything here. I asked make me a report about the crypto and US stock market. What happened in the last 24 hour? It tells you everything. Trump Media, Nvidia, Yensen Huang, what we said with the Goldman and Black Rockck that he has a collaboration to basically finance compute oils 5% because there's issue with Hormuz. Uh, Black Rockcks, IBIT now accepts 1 million in kind transfers.

44:51 There you go. Intel slides 4%. We discussed that. You have an So nice. So nice. And of course, you can keep drilling, keep drilling, keep drilling, keep drilling. Also guys, there's a lot of stuff happening on Robin Hood with the uh with the uh memes, but also with this uh ston broker. You guys who are in Robin Hood, you know, but Robin Hood, they have their own weird ecosystem going on, which is quite bullish for the ecosystem as a whole.

45:15 There's not just, you know, this like on base, I mean, from base, you knew from the start that it would be very bad because they had these things that did not make sense. Uh well, actually, here's the thing. They had these things that did not make sense, but you could understand them and no one used them. Okay? Like when Jesse said, "Oh, tokenize your tweet."

45:35 Like it does not make sense, but I get it and I see that no one is caring about it, so I know it's bad. Okay, on Robin Hood, it's a bit different because sometimes it's bullish when you don't understand something, but it's mega bullish anyway. That's that's a good sign. That's a good sign. It means that there is a community there. They do their own weird you don't get it, but it's massive and you see people liking it.

45:58 That's more Robin Hood because this stone broker is like an example of that where you get NFT. Your NFT is like a uh what is it? It's like a wallet. It can hold. I mean, you understand it's weird like most people they need to study this. It's not this, you know, easy idea like Jesse had on base where it's Yeah. You you tokenize your tweet. It's an easy idea.

46:20 It's No one is using it and does not make sense. here this stuff. I mean, when you read about it, it also kind of does not make sense, but it's massive. It's massive and it's weird and I like that. I mean, that's a sign of bullishness. When it's massive, it's weird. You don't get it easily. And uh still auditions are are loving it. They're loving it.

46:39 They're loving it. Very, very nice. So, anyway, uh check check Robin Hood if you want the trenches because that's where the trenches are now. They're not on Salana. Currently, the trenches are not on Salana. is on Robin Hood that they have different uh experiments there tokenized stock they marry token I stock and meme they have the stock broker which is NFT that is like a wallet it's the massive volume massive massive volume happening there I mean what's your stance of volume bars being low suggest a bottom volume is

47:09 low show switch of hands opinion no so volume is when there is a disagreement between volume and price. That may be a signal. For example, when volume is high but price does not move, it may be a signal there because then it means that the insiders, the market makers are accumulating heavily without pushing the price up. Okay? So when you have a disagreement between volume and price, it may be a signal.

47:36 But the problem is that it's a bit hard to execute on. So that's why we we look at the trend primarily. We don't look too much at, you know, uh this volume stuff. Why? Because at the end of the day, how it's it's too unre repeatable. I mean, how you going to repeat it? It's it's interesting to check sometimes. It's interesting. But um and and the way to see is for example, you have high volume, but price is not moving.

47:58 Okay, it's interesting. I mean, how how is volume so high, but the price is sideways because someone is buying like an mfer, but they don't want to push up the price. So they buy maximum without pushing the price. Then they wait till next candle, next day they buy again without pushing up the price too much and maybe price even moves a bit but then they let go.

48:19 So that that that's something that's something that means accumulation insiders accumulating. That's something uh and the same thing by the way the same thing is when the price does not dump but you see high volume. Why so high volume but it doesn't dump and just sideways it doesn't. So it could be that the there's distribution going on. The insiders are selling without dumping the price.

48:43 So if volume corresponds to the move, you have big candles, big move and volume is big, market is functioning as you know per perfect nothing to see nothing crazy to see. If you have disagreement between price chart and the volume, there is some interesting things to see there. the potentially insiders are making moves. So yeah uh but the problem is it's very hard to to repeat it.

49:11 It's very hard to trade on I mean how do you trade based on that you need to set how you set the stop loss how you set your takeprofit. So that's why in bullmania with the mechanical rules we focus on chart chart is number one chart is number one because that's possible to repeat automate. So go to bullming.com sign up for the weight list. As soon as you get the email later this week about the weight list slot for you that is open, you book the call instantly and speak with our team and then you're going to be invited

49:36 to Bulmania. You're going to get access to all the education, everything we offer, including the Bullmania AI you're going to get for free if you book the call when you get the email basically within this week. Very important. So yeah, go to bullmania.com as soon as soon as possible. The Bitcoin industrial complex will just go back to do what they were doing before.

50:02 What what were they doing before? Ivan, pretend you're a average player with around 10 20k to play with and you want to take some stupid risk. How would you play it? So you need to take st So you need to take risk but you don't need to take stupid risk. So I would wait for uh Bitcoin to go bull trend and I would ape shitcoins. I would ape coins that uh have bull trend and also have support with uh Twitter with discussions and I can ride the top winners.

50:34 That's why using bullmania AI to see what's happening to see what is being discussed who is discussing what what is getting most traction is going to be so so key. So also key but you don't want to do it before there is bull trend on bitcoin guys because then the risk it just man the riskreward is too bad the risk word is too bad it's too bad you want bitcoin to be bull and then the shitcoins b as soon as shitcoins go it's Valhalla Valhalla expresshala express that that's how I would play it so you need bullman AI for

51:07 that you need to know what's bullish or bearish you also need to understand how to trade because you take risk but if you want to make a lot of money you cannot you cannot afford to lose like reset your tentative to 20K like if you lose it it's very bad. So you need the mechanical rules and uh you have such an opportunity now in the next bull. It's crazy.

51:24 It's as soon as Bitcoin goes bull guys man all coin opportunity everything is going to be opening up the we're going to be in the freaking uh you know heaven. It's going to be from a market perspective it's going to be crazy. It's going to be crazy. That's how I would go for al you need risk. Yes you need risk but no need to make it stupid. Just uh follow the trend.

51:44 Trend is easy. It's easy. So yeah, I hope that makes sense. Tokenized stocks just launched in Hyperlquid. Yeah, but they've been there a long time. Or what do you mean? Or what launch? Let me see if there's some new launch. But tokenized stocks, I mean, they've been here. They've been there forever. Let's ask our AI. Uh did some new tokenized stocks launch on Hyperlquid recently?

52:20 I mean you could trade for a long time stocks in hyperlquid token nice token nice of course some question about zkc bondless binex allows do if you want to stake stake on chain but I don't understand your question zkc bondless I don't know uh if you want to stake I would stake onchain though not v exchange exchange used for it purpose for trading if you don't need trading you withdraw stake natively so what what happened what happens xtocks went live on hyperlquid today there you go the first batch of tokenized

53:12 equities and ETFs on hyper core there you go what launch ex live on hyperlquid first deploy deployment on hyper core stars with a total of five tokenized equities. There you go. They bridge in via chain link, guys. Chain link. Chain link. Chain link CCIP makes $600 per day. We learned it last week. I think we chatted with RAI. We we use Bulman AI to go deep into chain link economics and CCIP makes chain link $600 per day, but it is powering now hyper hyper core.

53:46 That's good. with market maker support for round the clock spot liquidity. There you go. How the hyperlquid crowd is reacting. Watching spot equity liquidity. Interesting to observe how liquid this equities are going to be. So if you want to follow this guy, you could for hyperlquid alpha hyponomist. Hyponomist crypto ara per spot equities. We all started with trades in crypto.

54:14 Then came RA per Yeah. So before I guess it was only burps. Yep. Correct. So Xtos is now on Hyperlquid. Good. Very good. With all respect, I think you're wrong on strategy central bank criticism. I think the whole point of Bitcoin was to also I'm not wrong. I'm not wrong. I'm the most humble and I can tell I'm not wrong. Sailor centralization is a big net negative for for crypto.

55:03 It is a big net negative. We can still live with it. We can still live with it, but it's a big net negative. And as you know they are here to do financial engineering. They they're here to do financial engineering which means if they can they're going to do fractional reserve. I mean if they if they can achieve it in the future they probably will need regulation adjusting.

55:25 So financial engineering is all going to end up in the same place because that's how banks bank trajectory was from the start. You know instead of having your own goal you can give it to the banker. He's going to give you a piece of paper that represents it. Next step. Okay let's do some lending. Next step. Okay, it all all of these steps resulted in where?

55:43 Fractional reserve. So sailor is by the way it's very similar. Instead of holding your own crypto, give it to sailor. You get the stock. It's like a back in the day you had the paper for your gold and the road map is the same. The road map is the same. It's financial engineering. So for crypto I think with the size that micro strategy is at now it's a net negative.

56:04 At the same time will it will it affect us in the coming and also he's a net seller now. I mean, when you look at uh the last few weeks, he's only selling. If you zoom out, okay, he's buying also. I think for price pump in the bull, he's still going to be good. At the end of the day, for for the bull market to make money, not is he's not an issue. But for the core of cryptosis, it's it's it's is not a positive.

56:27 It's a net negative. But at the same time, you can also argue if Bitcoin would be big, I mean, if would can you have any other outcome? I mean if Bitcoin is like gold, can you have any other outcome than someone creating something like uh Micro Strategy and tries to do financial engineering on on uh on the asset? Is there any other outcome? That's a good question.

56:51 That's a good question. So that's the issue. But yeah, uh is it the same as central bank? It's not. also is the corruption of the community that they're oh yeah let's do central bank what is this they should be saying self custody I want my bitcoin maxis to say fc corporation f all of the central banks talk self custody okay I want my bitcoin maxes to be like that they are the guardians of the ethos of the community of of the DNA.

57:34 They should speak about banking the unbanked, not freaking banking sailor. Okay? Make Bitcoin maxis great again. Make them push self custody. Make them say F company, F central bank, F corporation. Okay, you understand? So the biggest problem is probably not even the uh the strategy is the corruption of the maxi of the maxi degradation of the maxi you know you have this meme comparing maxi from 2013 self- custody you know strong f everyone f establishment only self- custody sovereign yada to now oh please sailor buy

58:21 please buy sailor says we're going to be central bank oh yes Yes, yes, yes. Okay, guys, that's it. That's it. Thank you very much for being here. Let's go to Valhalla. Bitcoin bottoming out very, very soon. Smash up the like, subscribe, and goodbye, guys. Goodbye. Goodbye. Goodbye.