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Even I’m Getting Nervous Transcript, AI Summary & Key Points

Altcoin Daily · 12 days ago · Science & Technology · 08:46 · EN-US

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Answer

"Even I'm Getting Nervous" — the concern is justified: global uncertainty is rising as oil tops $110 on Iran tensions and AI/semiconductor stocks tank, but crypto has already corrected, leverage is out of the system, and fundamentals keep improving, so the dip could set up a bullish end of year into 2027 unless a 20% stock market drop drags crypto down.

AI Summary

Bitcoin is showing strength even as AI and tech stocks pull back — since January 2024, Bitcoin ETPs have brought in nearly $60 billion of assets, and Willie Woo argues Bitcoin should stay resilient because it has already retraced 50% while equities hit new highs. Crypto regulation keeps improving: the US Treasury withdrew the unhosted wallet rule and the mixer-as-primary-money-laundering-concern rulemaking, while the SEC and CFTC advance new rules. Solana's Q3 2026 fundamentals are strong (48% quarter-over-quarter app revenue growth, record $7.1 billion in tokenized equities, $197 billion in spot DEX volume, a record 14.2 billion transactions), Bittensor's 'null consensus' update expands subnet capacity from 256 to over 2,500 participants, and tokenized Tesla stock surged on SpaceX-powered flying Roadster news. Global markets are dipping because Brent crude oil topped $110 for the first time since May amid Iran tensions — Iran put its armed forces on the highest alert for 72 hours and mobile bomb shelters are being deployed in Tel Aviv — which is draining money from the system and hitting overpriced AI and semiconductor stocks. Even so, the setup could form a launch pad toward a bullish end of 2026 into 2027; if the Iran tensions escalate, Bitcoin's next support is 72,000, which would still be a higher low. The last comparable setup was 2014 after the Mount Gox collapse, when crypto corrected first and then led the 2017 bull market.

Key Points

  • Since January 2024, Bitcoin ETPs have brought in nearly $60 billion of assets despite recent withdrawals
  • Treasury is withdrawing two rules Coin Center fought for years: the unhosted wallet rule and the mixer-as-primary-money-laundering-concern rulemaking, which would have treated address non-reuse as mixing
  • The SEC and CFTC are charging ahead with new rules, reducing ambiguity so the crypto space can thrive
  • Solana Q3 2026 fundamentals: app revenue up 48% quarter-over-quarter (highest since Q3 last year), tokenized equities hit a record $7.1 billion for the quarter with a $4.4 billion all-time high in September, $197 billion in spot DEX volume, and a record 14.2 billion transactions (~1,790 per second) — price has not caught up yet
  • Bittensor (TAO) released 'null consensus', expanding subnet capacity from 256 to over 2,500 participants, letting subnet owners scale mining participation for compute-heavy tasks like inference
  • Tokenized Tesla stock surged as Elon Musk unveiled a SpaceX-powered flying Roadster prototype; it rose into the announcement and dipped on the news
  • Brent crude oil topped $110 for the first time since May as Iran placed its armed forces on highest alert for 72 hours and mobile bomb shelters were deployed in Tel Aviv
  • Rising oil costs are draining money from the system and hitting overpriced AI and semiconductor stocks, while Bitcoin seems unfazed — it was made for global uncertainty
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Transcript

Searchable transcript of Even I’m Getting Nervous — Altcoin Daily (08:46). Search for a phrase, then click its timestamp to jump straight to that moment in the video.

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00:00 Yeah, I would certainly agree with that statement. Uh, Bitcoin is strong. It's powerful. It's had some, you know, rough time periods here. We've had some withdrawals the last month or so. But if you zoom back, I mean, since January of 2024, Bitcoin ETPs have brought in nearly $60 billion of assets. >> Something really interesting is happening right now with Bitcoin and the crypto market.

00:23 You see, as the experts claim that Bitcoin is still too risky, >> the key thing I look for Bitcoin is I fully expect um it's going to go back to low price cure is going to be closer to 10,000. And right now we're at 82 >> $200 billion plus tech stocks are currently plummeting. >> But the bottom line, the number one thing for that to happen is for the US stock market to go down a little bit and stay down.

00:45 >> Do you understand this? AI stocks going down, Bitcoin holds. And yes, Bitcoin dips a little, but the AI and tech stocks are going down much more. >> So, it's become a major player and something that is definitely, I think, still has strong fundamentals for the future. >> Crypto is showing a lot of strength right now. But even I'm getting nervous.

01:05 I mean, we understand that regulation and fundamentals for crypto in general continue to get better and better. Here's Peter Van Vulcanberg's speech at the 2026 Coin Center annual dinner. Understand what's changed. And we were able to share some good news yesterday actually uh that Treasury is withdrawing two proposed rules that Coin Center fought vehemently against for years.

01:30 The infamous unhosted wallet rule, which was so bad that when I started writing posts about the unhosted wallet rule, people were like, "What the man? What do you mean unhosted? Well, you're using their language. What is Look at this. An unhosted wallet. It's just sitting here." Okay, I'll stop. And they also withdrew the mixer as primary moneyaundering concern rulemaking >> which would have been very bad which if you might remember classified not reusing an address as mixing or yes not reusing an address would be

02:08 mixing. So anybody who uses Bitcoin the right way would be doing something that's a primary moneyaundering concern. It's great. And of course, the SEC and the CFTC are charging ahead with very good new rules. >> So, the predatory rules the government had against crypto are going away. The ambiguity is going away, leading to more clarity, allowing the space to actually thrive.

02:34 Also, pay attention to the fundamentals in crypto. Solana in four charts Q3 2026. Chart number one, Solana application revenue. App revenue rose 48% quarter-over-arter, the highest since Q3 of last year. Chart number two, tokenized equities hit a record 7.1 billion for the quarter with September reaching a 4.4 billion all-time high. Chart number three, Solana did $197 billion in spot decentralized exchange volume.

03:10 And chart number four, Solana processed a record of 14.2 billion transactions, around 1,790 transactions every second. Now, the price of Solana has not caught up yet, but the fundamentals continue to get better. That's signal. We have a major update for Bit Tensor Tow. This is betting on decentralized AI. Null consensus. Bit Tensor recently released null consensus, a major protocol update expanding subnet capacity from 256 to over 2500 participants.

03:46 What does this mean for Bit Tensor? Well, now subnets, which are early stage AI and robotics, primarily companies building on the protocol, now subnet owners can opt in to expanding the amount of people that can mine their subnets from hundreds to now thousands for tasks that might need that. For example, inference, compute-based subnets. This makes a lot of sense.

04:12 Good update. And even tokenized stocks grow, bringing more people into crypto. Tokenized Tesla surges as Elon Musk unveils SpaceX powered flying Roadster prototype. I'm looking at the Tesla chart on Coinbase Advanced. Now, we see Tesla rose into the big announcement and then dipped on the news. And because Coinbase is a channel sponsor, if you want literally 80% off fees as you trade, as you dollar cost average, as you buy a little bit every week, activate rewards, get up to $275 USDC in rewards, as well as literally

04:51 80% off fees. This will save you money. This will give you get you more crypto over the long run. Be sure to check out the full tutorial so you understand everything. Coinbase Advanced, how to trade crypto, per stocks, and more. Step-by-step tutorial link down below. Thank you, Coinbase, for sponsoring this section of today's video. And that brings us to why global markets have started to dip.

05:14 Oil tops $110 for the first time since May as supply risk grows. So Brent crude oil is spiking again with the reason being primarily that Iran places its armed forces on the highest alert for 72 hours and mobile bomb shelters being rapidly deployed in Tel Aviv. Global uncertainty is increasing. Extra money in the system is also decreasing. Right? Oil affects transportation, fuel costs.

05:45 It affects consumer goods, groceries. It affects damn near everything. This is sucking money out of the system. This is starting to tank what some people have called just a little ahead of themselves, just a little bit overpriced at the moment, AI and semi stocks. Yet, Bitcoin in the time of global uncertainty is seemingly unfased. Actually, Bitcoin was made for something like this.

06:10 Plus, what do we know that the stock market, a lot of those AI stocks have just been near or at all-time highs for a long time. They never had their opportunity to correct the crypto market. We're ahead of the game. The leverage is already out of the system. The majority, a lot of the sellers have already sold. Crypto corrected first. Bitcoin expert Willie Woo makes the claim that Bitcoin should be resilient against stock market pullbacks given it's already retraced 50% while equities were busy putting in new highs.

06:44 And I'm not saying that Bitcoin won't correct at all, right? If the stock market goes down 20%. That's fear in the market. Corrections will happen in crypto. But if we don't really correct as the stock market goes down, that's a bull flag. If we correct, hey, 10 20%, anything's possible in crypto. But if we put in that higher low, that's a bull signal.

07:06 The last time this setup happened was 2014 when Bitcoin blew off after the Mount Gox collapse. That was the one exchange that existed back then. The only exchange in crypto that existed collapsed while stocks climbed higher. So obviously Bitcoin crypto they corrected first. Then BTC did a slow grind upwards while stocks entered a bare market. When stocks aligned bullish with the famous 2017 bull market.

07:35 Like the content support the creator. I appreciate this information. So all this forming a launch pad to what could be a very bullish end of year into 2027 and because what I believe the altcoin daily army are smarter investors. We understand that technicals control price action in the short term while fundamentals help us determine where price action will be in the long term.

08:01 Long-term we understand wow the fundamentals fundamentals continue to improve price I would suspect is probably going a lot higher yet fund yet technicals look where we landed look where we landed as the price of stocks are plummeting Bitcoin retests and actually bounced right to not even a big bounce but magneted that it was a magnet right to that 50-day moving average if we were to break it right obviously the stock market falls, if if the Iran tensions heat up, um the next support is 72,000.

08:36 That would still be a higher low. link down below to follow along, take advantage of the bonuses, and like always, I will see you