WEBVTT 00:00:20.429 --> 00:00:22.550 Hello, everyone, and welcome to the Bitcoin Street 00:00:22.550 --> 00:00:25.989 Journal Market Update. I'm Chloe. And I'm Zuba. 00:00:26.149 --> 00:00:28.890 We're thrilled to be diving into the week's hottest 00:00:28.890 --> 00:00:32.729 Bitcoin news week. That's right, Zuba. This week, 00:00:32.729 --> 00:00:35.149 we're like breaking down everything from corporate 00:00:35.149 --> 00:00:39.329 Bitcoin adoption to ETF flows and, well, yeah, 00:00:39.350 --> 00:00:41.950 you name it. We'll try to keep it as chill and 00:00:41.950 --> 00:00:45.530 as interesting as possible. So no snooze fests 00:00:45.530 --> 00:00:48.859 allowed, OK? Absolutely, Chloe. Think of this 00:00:48.859 --> 00:00:51.619 as your backstage pass to understanding what's 00:00:51.619 --> 00:00:54.840 really moving the Bitcoin market. So buckle up, 00:00:54.859 --> 00:00:58.520 grab your coffee and let's get started. So Zuba, 00:00:58.659 --> 00:01:01.640 let's jump right in. What's the buzz on Bitcoin's 00:01:01.640 --> 00:01:04.920 performance lately? Well, Chloe, Bitcoin's been 00:01:04.920 --> 00:01:08.420 all over the place, hasn't it? We saw it hit 00:01:08.420 --> 00:01:13.500 a recent high, pushing like past $110 ,000, which, 00:01:13.620 --> 00:01:17.010 let's be real, was... Pretty exciting, but it 00:01:17.010 --> 00:01:19.750 didn't stick around there for long. We've also 00:01:19.750 --> 00:01:23.109 seen it dip, you know, down to around $100 ,000. 00:01:23.349 --> 00:01:26.950 It's like a roller coaster. Totally. What do 00:01:26.950 --> 00:01:31.109 you think is driving these crazy swings? Any 00:01:31.109 --> 00:01:33.189 big events or factors we should be looking at? 00:01:33.549 --> 00:01:36.390 Oh, for sure. I think a lot of it has to do with 00:01:36.390 --> 00:01:39.530 like the overall market sentiment. You know, 00:01:39.549 --> 00:01:42.409 there's been some like... chatter about inflation 00:01:42.409 --> 00:01:45.670 and potential interest rate hikes, which always 00:01:45.670 --> 00:01:48.870 makes investors a little jittery. And, you know, 00:01:48.870 --> 00:01:52.269 don't forget about all the regulatory stuff that's 00:01:52.269 --> 00:01:54.849 constantly in the news. That definitely plays 00:01:54.849 --> 00:01:58.030 a part, too. Right, right. It's always something 00:01:58.030 --> 00:02:00.510 with Bitcoin, isn't it? Just when you think you've 00:02:00.510 --> 00:02:03.010 got a handle on it, something else pops up and 00:02:03.010 --> 00:02:06.609 throws everything for a loop. OK, so shifting 00:02:06.609 --> 00:02:09.030 gears a bit, let's talk about these companies 00:02:09.030 --> 00:02:12.210 that are like actually putting Bitcoin on their 00:02:12.210 --> 00:02:14.729 balance sheets. It's not just talk anymore, you 00:02:14.729 --> 00:02:16.770 know? Yeah, this is where it gets interesting. 00:02:17.169 --> 00:02:20.949 I've been seeing a few names pop up. Semler Scientific, 00:02:21.310 --> 00:02:23.889 right? And wasn't there something about MetaPlanet 00:02:23.889 --> 00:02:27.530 too? Exactly. Semler Scientific. They just keep 00:02:27.530 --> 00:02:30.569 buying more Bitcoin. They seem super convinced 00:02:30.569 --> 00:02:33.949 it's the way to go. And MetaPlanet, they're practically 00:02:33.949 --> 00:02:36.610 making it their whole strategy. I mean, what's 00:02:36.610 --> 00:02:39.590 driving this? Are they just... massive Bitcoin 00:02:39.590 --> 00:02:43.669 maximalists or is there something else? I think, 00:02:43.669 --> 00:02:47.969 well, I think for some it's the whole store of 00:02:47.969 --> 00:02:51.310 value narrative, right? With inflation worries 00:02:51.310 --> 00:02:55.849 and traditional assets feeling shaky, Bitcoin 00:02:55.849 --> 00:02:58.729 starts looking like a pretty good hedge. And, 00:02:58.830 --> 00:03:01.050 you know, the potential for long -term gains 00:03:01.050 --> 00:03:04.530 is a big draw too, of course. Right. So basically 00:03:04.530 --> 00:03:08.449 they're seeing Bitcoin as a way to like protect 00:03:08.449 --> 00:03:11.849 their assets from, you know, the craziness of 00:03:11.849 --> 00:03:15.449 the traditional financial system. Exactly. And 00:03:15.449 --> 00:03:18.370 it sends a message, doesn't it? When major corporations 00:03:18.370 --> 00:03:22.009 start taking Bitcoin seriously, it sort of, I 00:03:22.009 --> 00:03:24.289 don't know, legitimizes the whole thing for other 00:03:24.289 --> 00:03:28.330 investors and, well, for the public. Oh, if they're 00:03:28.330 --> 00:03:31.490 doing it, maybe we should pay attention. Yeah, 00:03:31.509 --> 00:03:34.550 it's like a snowball effect. More companies adopt 00:03:34.550 --> 00:03:39.030 Bitcoin, more people take it seriously. And yeah, 00:03:39.509 --> 00:03:41.949 before you know it, it's just a normal part of 00:03:41.949 --> 00:03:44.889 like corporate finance. Kind of crazy to think 00:03:44.889 --> 00:03:49.789 about, actually. So Zuba, how much of this whole 00:03:49.789 --> 00:03:54.849 corporate adoption thing is being driven by Bitcoin 00:03:54.849 --> 00:03:58.610 ETFs? I mean, are these ETFs really moving the 00:03:58.610 --> 00:04:00.789 needle in terms of institutional investment? 00:04:01.150 --> 00:04:04.490 Oh, definitely, Chloe. I think the ETFs are a 00:04:04.490 --> 00:04:08.289 huge part of it. Basically, you know, opened 00:04:08.289 --> 00:04:10.750 up Bitcoin to a whole new class of investors 00:04:10.750 --> 00:04:15.409 who maybe weren't comfortable holding it directly. 00:04:15.629 --> 00:04:19.410 Right. So now they can get exposure through these 00:04:19.410 --> 00:04:22.310 ETFs. Right. It's that accessibility factor. 00:04:22.790 --> 00:04:25.990 Easier to buy shares than like set up a whole 00:04:25.990 --> 00:04:28.610 crypto wallet and, you know, figure out private 00:04:28.610 --> 00:04:31.370 keys and everything. Exactly. And we've seen, 00:04:31.370 --> 00:04:33.750 you know, some. Pretty impressive inflow trends, 00:04:33.970 --> 00:04:37.310 like huge amounts of capital pouring into these 00:04:37.310 --> 00:04:42.290 ETFs. And that absolutely has an impact on market 00:04:42.290 --> 00:04:46.050 stability. You know, more demand kind of, well, 00:04:46.129 --> 00:04:49.129 it soaks up volatility and helps like stabilize 00:04:49.129 --> 00:04:54.569 the price. OK, so more institutional money coming 00:04:54.569 --> 00:04:57.610 in kind of helps to calm things down a bit. Makes 00:04:57.610 --> 00:05:01.850 sense. I saw something about BlackRock. launching 00:05:01.850 --> 00:05:06.129 Bitcoin ETF futures. What's the deal with that? 00:05:06.430 --> 00:05:09.050 Yeah, that's another big step. Futures contracts 00:05:09.050 --> 00:05:13.610 basically allow institutions to hedge their positions 00:05:13.610 --> 00:05:17.490 or, you know, speculate on future price movements. 00:05:17.769 --> 00:05:21.649 It's all about adding more sophisticated financial 00:05:21.649 --> 00:05:27.089 tools to the Bitcoin ecosystem. So it's maturing, 00:05:27.189 --> 00:05:29.990 right? More tools, more players, more stability. 00:05:30.959 --> 00:05:34.600 In theory, at least. Yeah, in theory. I mean, 00:05:34.620 --> 00:05:36.620 you still got to watch out for those black swan 00:05:36.620 --> 00:05:40.019 events. But the overall trend is definitely towards, 00:05:40.019 --> 00:05:42.399 you know, greater institutional involvement and 00:05:42.399 --> 00:05:47.300 increased market sophistication. What about pro 00:05:47.300 --> 00:05:50.920 shares seeking approval for a circle stock ETFs? 00:05:50.920 --> 00:05:55.740 Oh, that's interesting. So if approved, regular 00:05:55.740 --> 00:05:59.459 investors could. buy shares of Circle, the company 00:05:59.459 --> 00:06:02.980 that makes USDC, without directly buying stablecoins. 00:06:03.079 --> 00:06:05.920 It's kind of like a proxy for investing in the 00:06:05.920 --> 00:06:10.740 stablecoin market. OK, so zooming out a bit, 00:06:10.759 --> 00:06:15.740 how sensitive is Bitcoin to, like, all the geopolitical 00:06:15.740 --> 00:06:20.519 stuff going on? Hugely. I mean, it's a risk asset, 00:06:20.660 --> 00:06:26.730 right? Any whiff of global uncertainty or like 00:06:26.730 --> 00:06:29.910 economic tension, you know, that sends ripples 00:06:29.910 --> 00:06:33.769 through the crypto market. Like what? Give me 00:06:33.769 --> 00:06:37.370 an example. Well, think about trade talks, right? 00:06:37.470 --> 00:06:40.529 Like the U .S. and China trade talks we were 00:06:40.529 --> 00:06:44.170 seeing earlier. If those fall apart or there's, 00:06:44.170 --> 00:06:46.470 you know, increased tariffs or something, people 00:06:46.470 --> 00:06:49.910 get nervous. Right, because it signals potential 00:06:49.910 --> 00:06:53.870 economic slowdown. Exactly. And in that kind 00:06:53.870 --> 00:06:57.089 of environment, some investors, not all, of course, 00:06:57.269 --> 00:07:02.810 but some start looking for safe havens, you know, 00:07:02.810 --> 00:07:06.050 and increasingly people are viewing Bitcoin as 00:07:06.050 --> 00:07:10.410 a potential hedge against like all that broader 00:07:10.410 --> 00:07:14.230 economic stuff. So like a digital gold kind of 00:07:14.230 --> 00:07:16.449 thing, people run into it when things look shaky. 00:07:16.870 --> 00:07:19.589 That's the idea. It's still evolving, of course. 00:07:19.589 --> 00:07:22.870 But yeah. It's a place to park some capital, 00:07:22.949 --> 00:07:26.350 maybe outside the traditional financial system 00:07:26.350 --> 00:07:28.709 when there's a lot of uncertainty in the air. 00:07:29.110 --> 00:07:33.910 OK, so shifting gears here. Let's talk regulation. 00:07:34.889 --> 00:07:37.670 Because that's always like hanging over the crypto 00:07:37.670 --> 00:07:42.449 world, right? Always. It's like the one constant 00:07:42.449 --> 00:07:46.149 in this space is the looming threat of some new 00:07:46.149 --> 00:07:51.139 regulation. So what's the latest? I saw something 00:07:51.139 --> 00:07:56.939 about stable coins. Yeah, well, there are a couple 00:07:56.939 --> 00:08:00.180 of things, actually. The EU, there's talk of 00:08:00.180 --> 00:08:03.420 them potentially, you know, banning privacy coins 00:08:03.420 --> 00:08:09.680 and anonymous crypto accounts by 2027. Wow, that's 00:08:09.680 --> 00:08:27.720 pretty significant. So, no more Monero in Europe? 00:08:28.500 --> 00:08:31.079 That's the idea. Yeah, it's all part of their 00:08:31.079 --> 00:08:34.419 anti -money laundering efforts. You know, they're 00:08:34.419 --> 00:08:36.500 trying to crack down on anything that makes it 00:08:36.500 --> 00:08:39.080 harder to track transactions. Makes sense, I 00:08:39.080 --> 00:08:41.820 guess, but a little scary for the whole, like, 00:08:41.860 --> 00:08:44.220 decentralization thing, right? For sure, for 00:08:44.220 --> 00:08:46.700 sure. And then on the other side of the world, 00:08:46.720 --> 00:08:49.759 in South Korea, they're actually moving ahead 00:08:49.759 --> 00:08:53.970 with plans for... their own stablecoin regulations. 00:08:54.429 --> 00:08:57.769 Oh, really? So like the opposite direction? Almost. 00:08:57.950 --> 00:09:03.029 They want to become a leader in crypto. So they're 00:09:03.029 --> 00:09:07.250 creating a framework for stablecoins, you know, 00:09:07.250 --> 00:09:11.710 to foster innovation, but still keep things like 00:09:11.710 --> 00:09:15.230 safe and secure. So it's not all doom and gloom 00:09:15.230 --> 00:09:18.029 on the regulatory front, I guess. Nope, not always. 00:09:18.779 --> 00:09:21.759 And hey, we can't forget the weird stuff either, 00:09:21.919 --> 00:09:25.179 right? Oh, God. What now? Remember that whole 00:09:25.179 --> 00:09:28.720 like Trump branded crypto wallet thing? It was 00:09:28.720 --> 00:09:31.320 all over the news for a bit. Oh, yeah. That was 00:09:31.320 --> 00:09:33.360 a mess. I heard there was some drama with like 00:09:33.360 --> 00:09:36.139 his sons sending cease and desist or something. 00:09:36.320 --> 00:09:38.960 Yeah, it was getting messy. Gotta love crypto, 00:09:39.019 --> 00:09:43.019 eh? All right. Let's dive into the more technical 00:09:43.019 --> 00:09:45.720 side of things, which is actually where I get 00:09:45.720 --> 00:09:49.279 kind of lost. Don't we all, Chloe? Don't we all? 00:09:49.740 --> 00:09:54.179 So what's new in Bitcoin land tech wise? So I 00:09:54.179 --> 00:09:56.299 saw that there's like been an increase in the 00:09:56.299 --> 00:09:59.100 OP return data storage limit. What's that about? 00:09:59.299 --> 00:10:01.240 Oh, yeah, that's actually a pretty big deal for 00:10:01.240 --> 00:10:04.679 developers. So basically, OP return, it's a way 00:10:04.679 --> 00:10:08.200 to store data on the Bitcoin blockchain, but 00:10:08.200 --> 00:10:11.039 it's usually like a pretty small amount. OK. 00:10:11.279 --> 00:10:17.200 So now they've increased the limit. Meaning you 00:10:17.200 --> 00:10:21.379 can store more data, nearly four megabytes now 00:10:21.379 --> 00:10:25.500 with the core 30 update. It basically opens up 00:10:25.500 --> 00:10:28.320 Bitcoin to, you know, new kinds of applications 00:10:28.320 --> 00:10:31.259 that aren't just about sending money. Interesting. 00:10:31.360 --> 00:10:33.600 So what kind of applications are we talking about? 00:10:33.919 --> 00:10:37.220 Well, you could do like better supply chain tracking 00:10:37.220 --> 00:10:42.240 or like decentralized social media stuff. All 00:10:42.240 --> 00:10:44.419 sorts of things that need a bit more data storage. 00:10:44.759 --> 00:10:49.620 Gotcha. So bigger blocks for bigger ideas, I 00:10:49.620 --> 00:10:52.580 think. Exactly. And then there's also like the 00:10:52.580 --> 00:10:55.639 ongoing debate about Bitcoin's security model, 00:10:55.820 --> 00:10:58.179 which is kind of a biggie, especially with like 00:10:58.179 --> 00:11:00.720 the halving and all that. Right. Because everyone's 00:11:00.720 --> 00:11:02.419 always worried about, you know, what happens 00:11:02.419 --> 00:11:04.519 when the block rewards get like super small. 00:11:04.580 --> 00:11:07.539 Exactly. So the question is, will transaction 00:11:07.539 --> 00:11:11.360 fees be enough to keep miners incentivized to 00:11:11.360 --> 00:11:14.240 secure the network? Some people are worried, 00:11:14.299 --> 00:11:15.799 some aren't. It's the eternal Bitcoin debate. 00:11:16.059 --> 00:11:18.500 And I saw something about Tether getting involved 00:11:18.500 --> 00:11:22.379 with mining tech. Yeah, Tether as in like USDT 00:11:22.379 --> 00:11:24.919 Tether. They're planning to open source their 00:11:24.919 --> 00:11:27.960 Bitcoin mining operating system. Oh, interesting. 00:11:28.240 --> 00:11:31.759 Why would they do that? Well, the idea is to 00:11:31.759 --> 00:11:36.360 kind of empower smaller and midsize miners, make 00:11:36.360 --> 00:11:39.600 it easier for them to compete and, you know, 00:11:39.620 --> 00:11:42.179 decentralize the mining landscape a bit more. 00:11:42.679 --> 00:11:46.039 OK, so basically more tools for building on Bitcoin 00:11:46.039 --> 00:11:48.600 and, you know, keeping the network secure. Sounds 00:11:48.600 --> 00:11:51.460 good to me. All right. Let's switch gears a little 00:11:51.460 --> 00:11:53.919 bit and talk about some other cryptos. What's 00:11:53.919 --> 00:11:57.840 going on with the altcoins? Yeah. So I've been 00:11:57.840 --> 00:12:00.299 keeping an eye on Solana, especially with all 00:12:00.299 --> 00:12:02.720 the ETF buzz. Oh, yeah. I saw something about 00:12:02.720 --> 00:12:05.840 that. What's the latest? Well, there's speculation 00:12:05.840 --> 00:12:09.779 that Solana ETFs could be approved in like maybe 00:12:09.779 --> 00:12:13.799 three to five weeks. The SEC is, you know, supposedly 00:12:13.799 --> 00:12:16.879 signaling some openness to staking, which is 00:12:16.879 --> 00:12:19.740 huge for Solana. Really? Why is that so important? 00:12:20.080 --> 00:12:22.879 Because, you know, staking is a big part of the 00:12:22.879 --> 00:12:27.559 Solana ecosystem. And if the SEC approves ETFs 00:12:27.559 --> 00:12:30.320 that can actually participate in staking, it 00:12:30.320 --> 00:12:32.940 could bring a ton of institutional money into 00:12:32.940 --> 00:12:36.320 Solana. So it's kind of like a green light for 00:12:36.320 --> 00:12:39.399 big investors to, you know, get involved. Exactly. 00:12:39.799 --> 00:12:41.700 And that could be massive for the price of SOL. 00:12:41.919 --> 00:12:45.000 Makes sense. What about Ripple? Anything interesting 00:12:45.000 --> 00:12:47.980 happening with XRP? Oh, yeah. Ripple's been busy 00:12:47.980 --> 00:12:50.559 as always. Guggenheim Treasury, they're bringing 00:12:50.559 --> 00:12:53.200 their tokenized debt instrument to the XRP ledger. 00:12:53.279 --> 00:12:55.120 Oh, wow. Yeah, I think this is actually a pretty 00:12:55.120 --> 00:12:57.379 big deal because it kind of shows how XRP is 00:12:57.379 --> 00:12:59.360 starting to be used for real world financial 00:12:59.360 --> 00:13:03.559 applications. So more than just, you know, moving 00:13:03.559 --> 00:13:07.049 money around. Exactly. It's like. uh actually 00:13:07.049 --> 00:13:10.450 integrating into the traditional financial system 00:13:10.450 --> 00:13:12.250 which is like kind of what everyone's been talking 00:13:12.250 --> 00:13:16.350 about for ages and ethereum still the uh defi 00:13:16.350 --> 00:13:19.409 king well yeah ethereum has always got something 00:13:19.409 --> 00:13:21.990 going on i think the big story there is that 00:13:21.990 --> 00:13:26.350 ethereum etfs are surging past like 1 .5 billion 00:13:26.350 --> 00:13:30.669 dollars wow that's a lot yeah which is uh kind 00:13:30.669 --> 00:13:33.730 of a signal that ethereum might be about to outperform 00:13:33.730 --> 00:13:36.429 bitcoin i mean who knows but That's what people 00:13:36.429 --> 00:13:38.169 are talking about. There's just so much going 00:13:38.169 --> 00:13:41.029 on in the ETH ecosystem. OK, so we've talked 00:13:41.029 --> 00:13:44.490 about the markets, the alts and, you know, what 00:13:44.490 --> 00:13:47.269 institutions are up to. But what about the really 00:13:47.269 --> 00:13:52.269 big players? I'm talking whales, Zuba. Ah, yes. 00:13:52.490 --> 00:13:56.389 The whales, the mysterious movers and shakers 00:13:56.389 --> 00:13:59.309 of the crypto world. Right. What have they been 00:13:59.309 --> 00:14:01.769 doing lately? Any big moves that we should be 00:14:01.769 --> 00:14:05.080 paying attention to? Well, there's been some 00:14:05.080 --> 00:14:07.179 interesting stuff happening, actually. I saw 00:14:07.179 --> 00:14:11.419 that like 220 million ADA, that's Cardano, right, 00:14:11.539 --> 00:14:15.360 were accumulated by whales in just two days. 00:14:15.860 --> 00:14:18.500 Whoa, that's a lot. What do you think they're 00:14:18.500 --> 00:14:21.320 planning? That's the million dollar question, 00:14:21.419 --> 00:14:24.320 isn't it? It could mean they're expecting a major 00:14:24.320 --> 00:14:28.320 breakout for Cardano or, you know, it could be 00:14:28.320 --> 00:14:30.500 something completely different. It's hard to 00:14:30.500 --> 00:14:34.389 say for sure what they're... strategy is. Yeah. 00:14:34.549 --> 00:14:37.190 But, you know, it's always worth watching when 00:14:37.190 --> 00:14:40.830 those kind of big players make a move. It usually 00:14:40.830 --> 00:14:43.629 means something's up. Definitely. And, you know, 00:14:43.649 --> 00:14:46.210 it's not just Cardano, Chloe. I've also noticed 00:14:46.210 --> 00:14:50.549 some large Bitcoin transactions, but kind of 00:14:50.549 --> 00:14:53.250 like the opposite. What do you mean? Selling? 00:14:53.509 --> 00:14:57.129 Yeah. Some analysts are saying long term Bitcoin 00:14:57.129 --> 00:15:00.230 holders have been taking profits recently. Bitfinex 00:15:00.230 --> 00:15:03.320 even put out a report about it. So are they thinking 00:15:03.320 --> 00:15:06.340 a market correction might be coming? It's possible. 00:15:06.659 --> 00:15:10.179 Or, you know, maybe they're just de -risking, 00:15:10.220 --> 00:15:13.200 taking some gains off the table after this rally. 00:15:13.379 --> 00:15:16.019 I mean, if you've been holding Bitcoin for years, 00:15:16.200 --> 00:15:18.820 hitting these highs again is pretty good time 00:15:18.820 --> 00:15:21.539 to secure some profits, you know? Yeah, true. 00:15:21.700 --> 00:15:24.259 But I always get a little nervous when I see 00:15:24.259 --> 00:15:26.779 the big guys start selling. Makes you wonder 00:15:26.779 --> 00:15:29.850 if they know something we don't. Exactly. And 00:15:29.850 --> 00:15:31.649 that's why it's so important to keep an eye on 00:15:31.649 --> 00:15:34.049 these transactions, even if it's just to stay 00:15:34.049 --> 00:15:36.490 informed. You never know when one of these whale 00:15:36.490 --> 00:15:38.610 moves can cause a ripple effect in the market. 00:15:39.070 --> 00:15:42.169 Yeah. OK, well, definitely something to keep 00:15:42.169 --> 00:15:45.929 an eye on. All right. Let's jump into risks now, 00:15:46.049 --> 00:15:49.110 shall we? So we've been talking about all these 00:15:49.110 --> 00:15:52.850 positive vibes, Chloe. But what about the, you 00:15:52.850 --> 00:15:55.460 know, the flip side? Are there any potential 00:15:55.460 --> 00:15:59.620 potholes ahead? Any like serious risks we should 00:15:59.620 --> 00:16:03.500 be aware of? Always, Zuba, always. Crypto is 00:16:03.500 --> 00:16:06.360 never like a straight shot to the moon, right? 00:16:06.460 --> 00:16:08.340 So what's the word on potential market dips? 00:16:08.820 --> 00:16:11.659 Well, I did see that Matthew Hyland, you know, 00:16:11.659 --> 00:16:14.519 the analyst, he's pointing to a bearish divergence 00:16:14.519 --> 00:16:19.700 on Bitcoin's charts. Oh, yeah, that sounds ominous. 00:16:19.980 --> 00:16:22.179 What does that even mean for the average listener? 00:16:23.600 --> 00:16:27.340 Basically, the price is going up, but the momentum 00:16:27.340 --> 00:16:30.240 isn't, you know, keeping pace. It's kind of like 00:16:30.240 --> 00:16:35.799 running out of steam. Hmm. So is he predicting 00:16:35.799 --> 00:16:39.259 a major drop? He's suggesting it could fall back 00:16:39.259 --> 00:16:43.919 to around $90 ,000, which, you know, in crypto 00:16:43.919 --> 00:16:47.879 terms is kind of significant. Ouch. OK, so if 00:16:47.879 --> 00:16:51.340 that happens, what what should people do? Panic 00:16:51.340 --> 00:16:54.330 sell? No, no, no. Definitely not panic sell, 00:16:54.389 --> 00:16:57.590 Chloe. This is where risk management comes in. 00:16:57.710 --> 00:17:01.129 If you're trading, consider setting stop loss 00:17:01.129 --> 00:17:03.570 orders to limit your downside. And if you're 00:17:03.570 --> 00:17:07.069 a long term holder, just remember why you invested 00:17:07.069 --> 00:17:09.750 in the first place and try not to get shaken 00:17:09.750 --> 00:17:13.109 out by short term volatility. Right, right. Zoom 00:17:13.109 --> 00:17:16.349 out. Look at the big picture. That's what everyone 00:17:16.349 --> 00:17:20.269 always says. Exactly. It's also, you know, kind 00:17:20.269 --> 00:17:22.849 of important to remember that analysts' forecasts 00:17:22.849 --> 00:17:27.990 are just that, forecasts. They're not, um, guaranteed? 00:17:28.910 --> 00:17:32.289 Yeah. Nobody has a crystal ball, right? Right. 00:17:32.450 --> 00:17:35.029 So it's always smart to do your own research 00:17:35.029 --> 00:17:38.410 and not, like, base all your decisions solely 00:17:38.410 --> 00:17:43.210 on, you know, one person's opinion. So basically, 00:17:43.390 --> 00:17:46.769 stay informed, manage your risk, and don't freak 00:17:46.769 --> 00:17:48.990 out if things get a little bumpy. Sounds like 00:17:48.990 --> 00:17:53.549 pretty solid advice for navigating the crypto 00:17:53.549 --> 00:17:56.849 world in general. You got it, Chloe. All right, 00:17:56.849 --> 00:18:00.730 Zuba. So we've dodged the potholes. Now, what's 00:18:00.730 --> 00:18:03.609 the road ahead looking like? I mean, crystal 00:18:03.609 --> 00:18:06.150 ball time. What's your take on where Bitcoin's 00:18:06.150 --> 00:18:09.190 headed? Well, you know, crystal balls are kind 00:18:09.190 --> 00:18:11.829 of cloudy, but I've been digging into some long 00:18:11.829 --> 00:18:14.809 term forecasts. It's interesting, right? Oh, 00:18:14.809 --> 00:18:20.289 yeah. Lay it on us. OK, so Bitwise CEO, he's 00:18:20.289 --> 00:18:23.930 been pretty vocal about his views and thinks 00:18:23.930 --> 00:18:27.690 that, well, he says Bitcoin could see some major 00:18:27.690 --> 00:18:32.829 trading volume increases. That's a bullish. So 00:18:32.829 --> 00:18:34.910 what kind of numbers are we talking about here? 00:18:35.309 --> 00:18:38.529 Right. So volume is one thing. Price is another. 00:18:38.930 --> 00:18:42.230 When it comes to actual price targets, it's all 00:18:42.230 --> 00:18:45.410 over the map, you know, like some analysts are 00:18:45.410 --> 00:18:47.930 still sticking to those crazy high numbers for 00:18:47.930 --> 00:18:53.910 2025, like six figures. Easy. Six figures still, 00:18:54.049 --> 00:18:56.529 even with all the ups and downs we've been seeing. 00:18:56.609 --> 00:19:01.750 Yeah, it's it's a lot of hopium. Right. But, 00:19:01.849 --> 00:19:03.890 you know, there are still some big believers 00:19:03.890 --> 00:19:07.630 out there. It's all based on, you know, continued 00:19:07.630 --> 00:19:12.490 adoption, institutional interest, and, of course, 00:19:12.609 --> 00:19:16.029 those good old supply and demand dynamics. Okay, 00:19:16.069 --> 00:19:19.869 so best case scenario, we're talking moon? What's 00:19:19.869 --> 00:19:24.130 the, what is the most realistic upside? Ah, see, 00:19:24.269 --> 00:19:27.170 that's the million dollar question, Khloé. If, 00:19:27.349 --> 00:19:30.970 and that's a big if, everything lines up perfectly, 00:19:31.170 --> 00:19:34.519 I mean. New all -time highs are definitely within 00:19:34.519 --> 00:19:37.599 reach. But, you know, expect volatility along 00:19:37.599 --> 00:19:41.119 the way. This is crypto after all. Right. So 00:19:41.119 --> 00:19:45.559 buckle up. Expect the unexpected. And maybe, 00:19:45.640 --> 00:19:49.200 just maybe, we'll be talking about Bitcoin at 00:19:49.200 --> 00:19:51.119 a quarter of a million dollars this time next 00:19:51.119 --> 00:19:55.069 year. Maybe. Just maybe. But, uh... Always remember 00:19:55.069 --> 00:19:56.869 to do your own homework, people. This is not 00:19:56.869 --> 00:20:00.130 financial advice. Just two people spitballing 00:20:00.130 --> 00:20:03.509 about the future of digital gold. OK, Zuba, that 00:20:03.509 --> 00:20:06.650 was one wild ride through the Bitcoin streets. 00:20:06.970 --> 00:20:10.309 So just to kind of wrap it all up, what are your 00:20:10.309 --> 00:20:13.049 final thoughts on where Bitcoin is right now? 00:20:13.289 --> 00:20:18.089 Well, you know, it's kind of like Bitcoin's at 00:20:18.089 --> 00:20:21.589 a crossroads, right? We're seeing all this institutional 00:20:21.589 --> 00:20:25.190 interest, the ETFs, the companies adding it to 00:20:25.190 --> 00:20:28.250 their balance sheets. But we're still dealing 00:20:28.250 --> 00:20:32.990 with those regulatory questions and, of course, 00:20:33.069 --> 00:20:36.490 the volatility. Yeah, it's a complex picture, 00:20:36.569 --> 00:20:40.289 to say the least. Lots of potential, but lots 00:20:40.289 --> 00:20:43.329 of risks, too. Exactly, exactly. It's like you 00:20:43.329 --> 00:20:45.490 can't just jump in without knowing what you're 00:20:45.490 --> 00:20:47.809 getting into, right? So what's the takeaway? 00:20:48.659 --> 00:20:52.059 Just stay informed, do your research and, you 00:20:52.059 --> 00:20:54.420 know, don't bet the farm on anything. It's a 00:20:54.420 --> 00:20:56.700 marathon, not a sprint, people. Couldn't have 00:20:56.700 --> 00:20:59.059 said it better myself, Zuba. And hey, listeners, 00:20:59.259 --> 00:21:02.180 we want to hear from you. What did you think 00:21:02.180 --> 00:21:04.519 of our deep dive into the world of Bitcoin today? 00:21:04.799 --> 00:21:07.460 What other topics would you want us to tackle 00:21:07.460 --> 00:21:09.960 in the future? Hit us up on social media. Our 00:21:09.960 --> 00:21:13.259 DMs are always open. Yeah, seriously. Let us 00:21:13.259 --> 00:21:15.160 know what you're thinking. We're always looking 00:21:15.160 --> 00:21:18.539 for new ideas, new angles, you know, whatever's 00:21:18.539 --> 00:21:20.700 going to help us make this podcast even better. 00:21:21.039 --> 00:21:24.420 And before we sign off, make sure you're following 00:21:24.420 --> 00:21:27.440 the Bitcoin Street Journal Market Update wherever 00:21:27.440 --> 00:21:30.099 you get your podcasts. We're on all the major 00:21:30.099 --> 00:21:32.799 platforms and we're dropping new episodes every 00:21:32.799 --> 00:21:34.759 week. So you definitely don't want to miss out. 00:21:35.069 --> 00:21:37.750 Big thanks to everyone for tuning in. We really 00:21:37.750 --> 00:21:39.950 appreciate you spending your time with us while 00:21:39.950 --> 00:21:43.950 you listen about Bitcoin stuff. Absolutely. And 00:21:43.950 --> 00:21:48.109 until next time, keep stacking those sats. Responsibly, 00:21:48.109 --> 00:21:50.509 of course. Peace out, Bitcoiners. See you on 00:21:50.509 --> 00:21:50.990 the next block.