Crypto Holders: Get Ready For A MASSIVE November!! Transcript, AI Summary & Key Points

00:00 If the Democrats take the House and let's see if they even take the Senate, they're very likely to flip pro crypto. Uh-oh. What happens now? Attention crypto holders. Get ready for a massive end of 2026. Bitcoin pumps 10% today as Democrats win full control of Congress, the House, and the Senate. >> You're going to accept all these races, right? >> Yeah, sure.

00:27 I'll accept them. Why wouldn't they? This is sure to be a big catalyst for the crypto market. One, because congratulations to the pro-c crypto champions elected tonight on both sides. Democrat from New Hampshire, Republican from West Virginia, Democrat from Virginia, Republican from Indiana, Democrat from Florida, Republican from Florida, Republican from Pennsylvania, Republican from Pennsylvania, Democrat from New Jersey.

00:56 Just so many pro-c crypto people elected to positions last night. Is that why Bitcoin pumped 10% today? This is the real reason why Bitcoin and crypto will have such a massive end of year. Crypto is not tied to any political party. A blue tsunami is not bad for crypto. We know that the stock market goes up no matter who's president and particularly does well after midterms.

01:23 Bitcoin specifically performs very well in the 12 months following the US midterm elections. 1000% up, 20% up, 45, 93. I like this. I think this guy's putting out good information. I want to support this. So, Democrats have won total control of Congress, but that's really a good thing for crypto. Tom Lee explains why you should not be bearish right now.

01:48 You should be bullish. We have not released the full interview yet. This is just a clip. So, listen to Tom Lee articulate why gridlock is good for crypto and good for the stock market and then specifically why Democrats might end up changing their tune on AI and crypto and start supporting it. Start supporting it. This is interesting. But the reason I think that this is not actually bearish for tech and AI and it's not bearish for crypto is the following.

02:20 First, um, even if the Democrats take the Senate and the House, it doesn't mean they can actually pass anti-crypto and anti-AII legislation because the president has veto power. So unless the Senate gets six twothirds of them of the House and twothirds of the Senate to vote in favor of the vetoed bill, they can't overturn a presidential veto. So basically, there isn't going to be any chance to get legislation done.

02:52 If anything, you know, Congress's focus is going to just be trying to impeach President Trump. Now, the second thing to keep in mind is that if the Democrats take the House and let's say if they even take the Senate, they're very likely to flip pro- data center and pro- crypto because now that they control Congress, the money that these data centers bring into the community and the the lobbying money that the crypto money would be spending would just go to the Democrats.

03:30 So they're very likely to support legislation because one it brings jobs and money and plus they're getting political support. So uh there isn't really political spending associated with anti-data center. Um there's a lot more pro data center money because it's basically like the entire technology industry. And um the third reason that I think tech and AI and crypto trade well after uh midterms is it's just seasonal.

03:57 You know, these stocks have priced in a lot of bad news and historically markets really rally after midterm elections. So, make sure you have notifications turned on. We're just about to drop the full interview with Tom Lee any second now. Franklin Templeton's head of crypto, Christopher Perkins, agrees that now that midterms are over, it's time to be bullish on markets, including crypto.

04:21 He says, "For crypto, look for yourself. The markets are very happy about this. If you look throughout history, markets have always responded very favorably post midterms. And with crypto specifically, we have two good years of the CFT and SEC creating a favorable regulatory environment. So this is why smart money is bullish going forward. >> Look, the markets are telling us what they think and the markets are very happy.

04:46 Um this is a very constructive setup. If you if you look throughout history, markets have always responded very favorable post midterms and one of the reasons for that is that you're eliminating a degree of uncertainty. Markets aren't sure what's going to happen. Now they know and that's why you're seeing um really a continuation of history where it's been a very very constructive setup.

05:08 I I think many of us share the same vision that traditional finance, Bitcoin and crypto markets, we're absolutely in this period of convergence and like stepping back to to midterms really quick, we have two years of very favorable regulatory environments here where we have a divided government and generally when there's a divided government um the markets love it.

05:32 We have two regulators that continue to blaze a path forward, delivering that regulatory certainty that allows institutions to come into the space. >> Back to what Tom Lee was saying, again, we're going to release this full interview very soon, so make sure you're subscribed, put notifications on. But he said that Democrats are about to become pro- AI and pro- crypto.

05:52 It might be happening already. Are Democrats about to become pro- crypto? Well, breaking news. House Democrats reportedly want to revive the Clarity Act and progress a crypto market structure bill next Congress per cryptojournalist Eleanor Tourett. So this is why a blue tsunami is not necessarily bad. Crypto should not be tied to a political party and it's not.

06:19 It's just technology. So why else did Bitcoin pump so strongly today? At the 80k price point for Bitcoin, we are running out of sellers. There are no sellers left in crypto. 3.7% inflation print doesn't matter. AI bubble bursting doesn't matter. Binance hack doesn't matter. Election tsunami doesn't matter. When you strip away all the macro threads, cycle theories, the 420page slide decks, this is the only thing that actually matters.

06:51 The sellers are becoming exhausted as the market turns bullish. And we're not just guessing at this. We're literally seeing this in the data. The sellers are becoming exhausted and the market is shooting higher as shorts get liquidated. You can still become a millionaire in crypto. Make sure you subscribe to Altcoin Daily and stay updated every day.

07:13 There is a big reason why Smart Money is bullish on crypto. And looking even just one year into the future, we know that things will be better. Bitwise president Teddy Fuse says into Q4 of 2027, one year, be bullish, specifically on Ethereum, Salana, Chainlink, the tokens that are getting adopted by Wall Street and institutions that we show you on a daily basis because in one year, the headlines you're hearing today will be more built out than ever.

07:44 He says, "People won't know or care that the underlying infrastructure is blockchain. It'll be invisible to the user. It's just better technology. And as we know, this creates more users, more of a network effect." Like, this is what I want to see happening if there's a bullcase. And there's a big bull case. Listen, >> a year from now, as we're in the fourth quarter of 2027 is when we're going to start seeing those pilot programs mature into and turn into real offerings that have tested the infrastructure, that have

08:17 tried and failed a little bit or tried and found success in how they're utilizing onchain infrastructure. And then that's when I think we're going to start to see these actual products and services being offered. And what we'll what we'll notice at that time, people won't know or care that the underlying infrastructure is blockchain. It'll be invisible to the user.

08:37 It'll it's just a better technology. Ultimately, it's many it's 10x better technology. And what we'll see is that the the the product and the service is being offered and run. The investors will care that it's being run on blockchain or using decentralized infrastructure and technology, but the users won't know. >> But what about AI? What about quantum?

08:59 AI, quantum, and crypto. Three massive technologies converging. We're back to Franklin Templeton's head of crypto, Christopher Perkins. Hey, he follows us. He says that AI accelerating quantum will be one of the biggest unlocks and catalysts for crypto. In fact, the crypto industry is the most prepared industry to handle the coming quantum era. Quantum will be the reason that massive amounts of capital will unlock and move onto the blockchain in the future.

09:32 This is what Franklin Templeton is telling their millions and billions of wealth clients. This is what smart money is hearing. And I tend to agree. >> I think it's the most exciting time because we have three civilization changing technologies hitting us at the same time. The last technology that no one's talking about, not enough people are talking about is quantum.

09:55 Quantum is being accelerated by by AI and as it comes on the scene, it's unpacking this unfathomable level of compute. But guess what? That comput is so powerful, it can undermine the 500 trillion dollars in in assets that are encrypted today using public key cryptography. I think this is going to be one of the biggest unlocks for crypto because if only there was an industry that had a concentration of worldclass cryptographers, that's crypto.

10:20 And crypto is leading the world to solve this PQC, this postquantum cryptography challenge. I think it's going to lead in more assets coming onchain, coming into the crypto world because our cryptographers are are ahead of the curve. >> So, Bitcoin and Ethereum have now fully erased their losses. Huge sign of strength in crypto and all markets today.

10:43 Very bullish on Ethereum. This thing is going to pump hard at a certain point. Just look at what's happening underneath the hood. More Ethereum is getting staked. Less Ethereum is available on exchanges. You see this? More Ethereum getting staked, less Ethereum available on exchanges. To me, this is one of the most bullish developments in ETH right now.

11:02 Supply dynamics keep improving while the price continues to struggle. It's possible Bitcoin continues to rip from here. Not that there won't be down days, but I think this month bare trend is about to flip as well. And actually altcoins will start to outperform I believe Ethereum, Salana, Chain Link, Zcash. There's a lot of good ones. Stay subscribed. November is going to be a huge month for crypto. See you tomorrow, my friends.