Episode Transcript
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to change. number one daily Bitcoin
1:03
pod in today's show be breaking
1:05
down the lid is Bitcoin technical
1:08
analysis as we're back pumping it
1:10
in the green up over $4,000
1:12
on the day also breaking news
1:14
Singapore MP candidate Tan urges national
1:17
government to establish a strategic Bitcoin
1:19
reserve quoting them here it superior
1:21
to gold we risk getting left
1:23
behind You're damn right. Also, the
1:26
tether CEO confirms 100% of his
1:28
crypto portfolio is in Bitcoin. You're
1:30
damn straight. We'll also be discussing
1:32
New York bill proposes legalizing Bitcoin
1:34
and crypto for local state payments,
1:37
as well as Black Rock reports
1:39
three billion in digital asset inflows
1:41
during the first quarter of this
1:43
year, as well as Bitcoin reserve
1:45
bills advanced in New Hampshire, as
1:48
well as Florida. We'll also be
1:50
discussing strategies Mikey Saylor labels Bitcoin
1:52
as the only path to economic.
1:54
In mortality, shout out all my
1:56
Bitcoin, Immortals. Also, breaking news, White
1:59
House says that the gold reserves
2:01
can be used to purchase Bitcoin.
2:03
That's right. And Max Kaiser claims
2:05
$220,000 in play. These are the
2:07
ideal conditions for the King crypto,
2:09
BTC. We'll also be taking a
2:11
look at the overall crypto market,
2:13
all this, plus not the most
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public, and more in today's show.
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is not endorsed by Bank of America
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Corporation copyright 2025. tariff
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announcements have fueled the chaos. And after
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threatening... sweeping levies on global trading partners,
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the Trumpster walked back many of the
7:00
measures within days for certain countries except
7:02
China. And the US dollar added the
7:04
pressure with the strength against the basket
7:07
of the top foreign currencies as tracked
7:09
by the US dollar currency index. We
7:11
know as the DXY and as you're
7:13
looking at the DXY chart here, the
7:15
daily, drop them below the 100 mark
7:17
for the first time since 2022. That
7:20
means your dollar is a weakening. Surprise,
7:22
surprise, not surprise. That further noticed or
7:24
notched the worst weekly decline in
7:26
over two years. In contrast, Bitcoin
7:28
rose 4.5% amid the U.S. bond
7:30
market route, reaching around 83-250 in
7:33
hopes that the weakening macroeconomic conditions
7:35
will push the U.S. policy makers
7:37
to act. It's all like Don
7:39
Qukong, said Arthur Hayes just blazed,
7:41
Yahtzimofos. We will be getting more
7:43
policy response this weekend, if this
7:45
keeps up. We are about to
7:47
enter the only mode for the
7:49
pre-lilobity going up. Forever Laura. Furthermore,
7:51
bond traders are now pricing in at
7:54
least three rate cuts from the Fed by the
7:56
end of the year. Let me know if you
7:58
guys agree. Would a fourth becoming increasingly like... rate
8:00
cuts have historically been bullish for the
8:02
king, crypto, we better know as, the
8:04
BTC. Historically sharp drops to the US
8:06
dollar index, preceded delayed but powerful Bitcoin
8:08
bull runs. According to the crypto analyst,
8:10
venture founder, as he points out here,
8:13
a fallen DxY has typically been a
8:15
strong bullish signal for the B. He
8:17
added that if the DxY continues to
8:19
slide towards the 90 level, it can
8:21
replicate conditions that led to the parabolic
8:23
Bitcoin rallies during the final stages of
8:25
the previous bull, each lasting up to
8:28
a year. Are you ready? Are you
8:30
prepared for a year only of up,
8:32
only for the pretty little bitty price
8:34
action? Let me know. Additionally, Bollinger bands
8:36
creator John Bollinger offered a bullish outlook
8:38
for the bitty, noting that the crypto
8:40
is forming a familiar bottom at 80,000.
8:43
Let me know if you agree that
8:45
we just established a strong 80,000 support
8:47
and the bottom is in which we
8:49
just hit a couple of days ago
8:51
at 74-5. I'll let you boy and
8:53
let me know. And let's pull up
8:56
some of the live, some of the
8:58
live chart, live charts. We'll do a
9:00
live chart, live chart, live chart, live
9:02
chart, And again, welcome everyone joining us
9:04
over 900 people already on the live
9:06
stream. Let's blow this mofo up. Happy
9:08
TGIF. A 10-minute chart again live in
9:11
the flesh via trading view via coin
9:13
base. You can see we're finally ascending
9:15
slowly but surely. We do have a
9:17
bare target here on the screen sitting
9:19
at 73. For 79. Zoom it out
9:21
from the 10 minute. We'll kick it
9:23
back to the hour, work our way
9:26
backwards, hourly chart, also ascending here. You
9:28
can see a big green candle we
9:30
had yesterday in the market, and also
9:32
we had a big green candle today,
9:34
and we're escalating back up. And you
9:36
can also see a green target at
9:38
88 in play for the Bulls, and
9:41
for the Bears, orange target sitting at
9:43
just shy of 73, 5. Do you
9:45
think we'll likely continue to ascend or
9:47
correct college, boy? And check it out
9:49
on the four-hour chart. Four-hour chart says
9:51
it's going on forever JV. Rising wedgy
9:53
formation sensation, how many? One, two, three,
9:56
four, five, six consecutive green candles on
9:58
the four-hour chart lit like a mofo.
10:00
And so that's bullish. And zoom it
10:02
out from there, we'll take a look
10:04
at it. Daily chart. Daily chart shows
10:06
us green candle. big bull candle formed
10:08
on the day bull scenario red target
10:11
in play which would take us back
10:13
to price discovery just shy of a
10:15
hundred and twelve thousand dollars and also
10:17
yesterday was a big red corrective candle
10:19
but that was after the day before
10:21
that we had a mega green candle
10:23
we almost had a god candle in
10:26
fact the bottom on that day two
10:28
days ago with seventy four five which
10:30
is the current local bottom and then
10:32
we accelerated to like eighty three five
10:34
which was like a nine thousand dollar
10:36
spread in a single day. uh... which
10:38
is pretty amazing and then we corrected
10:41
yesterday in the bullish momentum remains here
10:43
today on a Friday leading into Sad
10:45
Stack and Saturday. And zooming out on
10:47
the weekly. The weekly chart says it's
10:49
also going up forever, Laura. 124,000 Cup
10:51
and Handled Target in Play. And we're
10:53
finally green formation, but we got a
10:56
couple of days until the weekly close.
10:58
Hopefully we continue the bullish momentum and
11:00
reclaim 90G's. That would be a good,
11:02
good sign. And zoomed out for the
11:04
monthly. Unfortunately, past couple of months have
11:06
been corrective. But here We are barely
11:09
forming green for the month of April.
11:11
We're not even halfway through the month.
11:13
And again, there's the first month of
11:15
the second quarter. Let me know if
11:17
you think we'll likely continue the bullish
11:19
momentum. Howl at you boy. Let's continue
11:21
where we left off. Next headline reads,
11:24
New York bill proposes legalized in the
11:26
bid. Crypto for the state payments. The
11:28
fact that's not legalized for state payments
11:30
is mind-boggling. If you're to ask me,
11:32
but a progress, right. The New York
11:34
lawmaker introduced legislation introduced legislation that would
11:36
allow state agencies to accept payments, signaling
11:39
political momentum for the digital asset integration.
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Assembly Bill A. 7788. Introduced by
12:11
the Assemblyman. Clyde Vennel seeks to
12:14
amend the state financial law and
12:16
to allow the New York state
12:18
agencies to accept crypto as a
12:20
form of payment. So hang in
12:22
there, surge. It would permit state
12:24
agencies to accept payments in Bitcoin,
12:26
ether, like and Bitcoin cash, coin
12:28
to the bills. text as outlined
12:30
right here from the Assembly. And
12:32
according to the bill, state offices
12:34
could authorize crypto payments for fines,
12:36
civil penalties, rent, rates, taxes, fees,
12:38
charges, revenue, financial obligations or other
12:40
amounts, as well as penalties, special
12:42
assessments, as well as interest. The
12:44
IRS is going to love that
12:46
one. Cryptol legislation has become a
12:48
focal point in New York with
12:50
Bill A77-788. 06515 aiming to establish
12:52
criminal penalties to prevent crypto fraud
12:54
and protect investors from the rug
12:56
pulls. Good luck with that. Cryptofocus
12:58
legislation has gathered momentum since President
13:00
Trump took office. Inauguration Day, Jan
13:02
20th, when we hit the all-time
13:04
high, 109.3, with Trump's signaling during
13:06
his campaign, that is admin, intends
13:08
to make crypto policy a national
13:10
priority, as well as making the
13:12
U.S. a global hub for the
13:14
blockchain innovation. He also said at
13:16
the National Tennessee event that he
13:18
was going to make America the
13:20
Bitcoin mining hub of the world.
13:22
And you know his son's partner
13:24
would had eight. to turn that
13:26
into fruition. In any ways, if
13:28
the bill passed, it would mark
13:30
a significant shift in how New
13:32
York handles digital assets, it would
13:34
allow the state entities to integrate
13:36
crypto into the payment infrastructure used
13:38
for collecting public funds. The proposal
13:40
also includes a clause allowing the
13:42
state to impose a service fee
13:44
on those choosing to pay with
13:46
crypto. Oh great. And according to
13:48
the text, the state may require
13:50
a service fee not exceeding costs
13:52
incurred by the state in connection
13:54
with the crypto payment transaction. This
13:56
could include transaction costs or fees
13:58
owed to the crypto issuers. Assembly
14:00
bill A double 788 has been
14:02
referred to the Assembly Committee for
14:04
Review and may advance to the
14:06
state senate as the next step
14:08
most logically. New York's legislation comes
14:10
shortly after the state of Illinois
14:12
passed a crypto bill to fight
14:14
fraud and rug bulls after the
14:16
recent wave of insider schemes related
14:19
to the meme coins. While the
14:21
SEC already deemed that these meme
14:23
coins are not... illegal securities. So
14:25
for example, the hawk to a
14:27
girl got to green light. She
14:29
is in no trouble for investors getting
14:31
rug pulled on a multi-billion dollar venture. But
14:33
I mean, there you have it. At least
14:35
it's a step in the right direction. But
14:37
New York still lagging behind the rest of
14:40
the states. But I mean, it is the financial
14:42
capital of the United States. So
14:44
yeah, I mean, next headline regarding
14:46
Black Rock reporting three billion in
14:48
digital asset inflows during the first
14:50
quarter of 2025. That's right. The
14:52
world's largest asset manager. with 11.6
14:54
trillion in assets under management, reported
14:56
84 billion. And total net inflows
14:58
for the first quarter of the
15:00
year, marking a 3% annual growth
15:02
in assets under management. That's like
15:04
nipinator, marking as territory on every
15:06
tree when we go for a
15:08
walk. That's Black Rock for you.
15:10
The firm's strong performance was led
15:12
by a record first quarter for
15:15
the I shares. ETF alongside continued
15:17
strength of the private markets and
15:19
net inflows going to Black Rock's
15:21
Q1 earnings release today April 11th
15:23
and of the 107 billion in
15:25
net inflows of the ETFs 3
15:28
billion roughly 2.8% of the total
15:30
ETF inflows were directed to digital
15:32
asset products in the first quarter
15:34
according to the Black Rock alternative
15:36
investments also placed significant role this
15:38
first quarter with private market inflows
15:41
totaling 9.3 billion dollars And as of
15:43
March 31st digital assets accounted for 34
15:45
million in base fees or less than
15:47
1% of Black Rocks long-term revenue and
15:49
by the end of the first quarter
15:52
Black Rocks total digital assets are a
15:54
management amounted to just above 50.3 billion
15:56
representing about a half a percent of
15:58
the firm's 11.6 trillion and Ryan
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podcast. Terms and Condition Supply.
23:37
used to purchase the Bitcoin. And remember, if
23:39
it's a net neutral way of acquiring it,
23:41
they're allowed to do it. Now what if
23:43
we switched our gold reserves and traded it
23:46
for the pretty little bitty? Bitcoin's going to
23:48
explode. What's the market cap of gold right
23:50
now? Can someone chime in and let me
23:52
know? This is official from the White House.
23:54
I want to read it to you. This
23:57
is a pretty big deal. FYI. This is
23:59
what it says. All right Bo Heinz,
24:01
the executive director of President Council of
24:03
Advisors of Digital Assets, suggested in an
24:05
interview that the U.S. could capitalize on
24:08
the gains from its gold holdings and
24:10
purchase more Bitcoin. This move, according to
24:12
Heinz, could be a budget neutral way
24:14
to increase the country's Bitcoin reserves. Precisely,
24:17
Heinz referenced the Bitcoin Act of 2025,
24:19
which advocates for the U.S. to acquire
24:21
1 million Bitcoin and, you know, sailors
24:23
proposing them purchase over 5 million Bitcoin,
24:26
25 percent of the Bitcoin supply. which
24:28
he proposed at the recent crypto White
24:30
House summit. So Lemma says approximately 5%
24:32
of the total Bitcoin supply over the
24:35
span of five years. Sailors saying, why
24:37
so embarrassed? Let's do 25% of the
24:39
supply Trumpster. This acquisition would be funded
24:41
through the sale of the Federal Reserve.
24:44
Goal certificates. Even better, get rid of
24:46
the fake gold. A gold certificate is
24:48
nothing more than an IOU. It's a
24:50
derivative. It doesn't even really exist. Do
24:53
you know that there's more gold derivatives
24:55
that exist in the actual underlying asset
24:57
itself? means it's the true Fool's Gold.
24:59
They're quoting Max Kaiser. Gold is the
25:01
poor man's Bitcoin. Couldn't agree more. But
25:04
yeah, the executive director of the White
25:06
House crypto working group, Boheins, talks Bitcoin,
25:08
way to buy it, more of it,
25:10
thinking behind, including, and also you know
25:13
they established the digital asset stockpile separate
25:15
of the strategic Bitcoin reserve, which got
25:17
in put in via the executive order,
25:19
as you guys already know. Quote here
25:22
from Trump. If we actually realized the
25:24
gains on the US gold hole. That
25:26
could be a budget neutral way to
25:28
acquire more Bitcoin. Or this is according
25:31
to Heinz who shared it to Trump
25:33
So you already know Trump's entire team
25:35
is pro Bitcoin only a matter of
25:37
time There's another headline here, which was
25:40
just published via Yahoo finance White House
25:42
says gold reserves may be used to
25:44
purchase Bitcoin. So this is official to
25:46
have the go ahead because it's a
25:49
net neutral way to acquire it. As
25:51
long as they're not using taxpayer dollars,
25:53
they have to go ahead to do
25:55
so. Also, I want to share this
25:57
exchanging goal for Bitcoin because Sailor been
26:00
a big proponent for this as well
26:02
in the president's ear. Sailor once again
26:04
brought the eccentric proposal that would surely
26:06
earn a lot of criticism, urge in
26:09
the US government to swap its gold
26:11
reserve for Bitcoin, and again, why not
26:13
get rid of the derivatives and trade
26:15
it for the hardest asset known to
26:18
mankind? As a micro strategy executive, now
26:20
obviously strategy B, known to staunch advocated
26:22
the bitty, told the US to rethink
26:24
its economic strategy and shift towards the
26:27
first-born crypto. the prelobity. In the interview
26:29
with Yahoo, Sailor made the bold recommendation
26:31
that the country's leadership should dispose all
26:33
of its gold reserves. I couldn't agree
26:36
more. So that the government can buy
26:38
more of the bitty. Quitting them here,
26:40
dump your gold, sell all the US
26:42
gold, and buy Bitcoin because you can
26:45
buy five million Bitcoin for the cost
26:47
of the gold. Five million Bitcoin, that's
26:49
literally 25% of the circulating Bitcoin supply
26:51
of 21 million that could ever be
26:54
in existence. pretty advantageous for the United
26:56
States America if they want to be
26:58
that Bitcoin superpower and there's only enough
27:00
room for one country to do this
27:02
as the global hash war continues. Sailor
27:05
also urged the U.S. government basically didn't
27:07
want them to purchase more gold for
27:09
the national reserve instead just traded. for
27:11
Bitcoin. The Bitcoin supporter previously noted that
27:14
gold is an ineffective store value saying
27:16
that gold is antiquated and has many
27:18
vulnerabilities. That's a fact Jack. Also quoting
27:20
him here, you'll demonetize the entire gold
27:23
asset class and our enemies hold gold
27:25
in their banks. I mean this is
27:27
awesome. And so their assets will go
27:29
to zero, while our assets go to
27:32
the trillions if he actually, you know,
27:34
the government followed through at his proposal.
27:36
But you guys, let me know your
27:38
thoughts on that. Also, Michael Saylor calls
27:41
Gold the king of garbage investments for
27:43
a long-term investor. I mean, it comes
27:45
out of his own mouth. He said...
27:47
One of the stupidest investments ultimately is
27:50
gold long term. I mean, again, 10,000
27:52
years is trading at $3,200, where you
27:54
have a Bitcoin up 172 million percent
27:56
in 16 years. I mean, you figure,
27:58
choose accordingly. Someone tagged Peter Schiff wellness
28:01
check to the Schiffmeister's house. please couldn't
28:03
agree more king of garbage investments for
28:05
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also, Sailor says soon every billionaire will
28:30
buy a billion dollars to Bitcoin and
28:32
the supply shock will be so much-being
28:34
great. It'll stop measuring Bitcoin in terms
28:37
of Fiat. One Bitcoin will always be
28:39
equivalent to one Bitcoin. That's a fact,
28:41
Jack. Now for the latest from the
28:43
High Priest, the Bitcoin mask has are
28:46
ideal conditions for the pretty little bitty.
28:48
220,000 is in play. That's right. You
28:50
see gold accelerating, accelerating. You see the
28:52
US dollar index, deaccelerating. Game on, bullish
28:55
setup. You can't tape or the Ponzi,
28:57
says the high priest. The tariff rhetoric
28:59
and required discipline will give way to
29:01
the tired and true money printing back
29:03
by the military threats. Take the US
29:06
dollar or else, rinse and repeat, 220,000
29:08
in play, 220, per pretty little bitty
29:10
in play. This was off the back
29:12
of the news, breaking Trumpster, just done
29:15
the world, and a jaw-dropping press conference.
29:17
President Trump confirmed what many have suspected
29:19
for years. The US has secret weapons,
29:21
unlike any... I actually watched this. He
29:24
did literally say that. Unlike anything on
29:26
earth, his exact words, we have weapons
29:28
no one has ever heard of, more
29:30
powerful than anything any country has, and
29:33
it is not even close. So it
29:35
makes you wonder, why do the other
29:37
countries allow America to have weapons of
29:39
mass destruction? Isn that... the whole thing
29:42
we allegedly went to war with Iraq
29:44
because you know the bushes and Chinese
29:46
were like they got weapons of mass
29:48
destruction and they literally had no weapons
29:51
of mass destruction you know what their
29:53
weapon of mass destruction was moving away
29:55
from the dollar and they handled that
29:57
situation didn't they But anyways, you guys,
29:59
let me know your thoughts and I'll
30:02
read your comments out loud. What's your
30:04
thoughts on that? And 220 in play.
30:06
I'll let you boy. We call them
30:08
poor, precisely. Gold is the
30:10
bloomers bitty. Gold is the poor man
30:13
bitty. Still you're gold. Buy some bitty.
30:15
Four twenty. Gold. Yeah, man. Did I
30:17
quote your BTC force? I believe in a
30:19
gold. I believe in the bitty. I believe in
30:22
the kings. I believe in the queens. House
30:24
guest just left. Oh, oh, oh, oh,
30:26
thank God. Oh, thank God. That's the
30:28
best time. Light it up brother. Make
30:31
sure it's like a seven grand Blunsky
30:33
and Hollardship Boy. 100% JV. Big on
30:35
a start. Behaving line goal soon. Will
30:37
the US offload their gold and trade
30:39
it for the hardest asset? That's
30:42
impregnable. Unconfiscatable.
30:44
Let me know. There's a poll. Let me
30:46
know. Answer the poll. 100%. Peter Shiffy.
30:49
Goes kick rocks. We're talking about the
30:51
goal for the bitty. Precise and don't
30:53
forget to check out crypto news alerts.net
30:55
for the full premium experience with video
30:57
and to participate in our live Q&A.
31:00
And I look forward to seeing you
31:02
on tomorrow's episode, huddle!
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