bears lose out as the conflict in the Middle
East cools off btc rebounds and eyes a new all-time high where the hell are we this
cycle is messing with everyone’s heads as Bitcoin remains strong and alts keep getting
hammered here’s what to expect from the second half of this wild year alts with attitude
we examine two major altcoins that seem to have everything going for them right now
could they be some of the big winners of this cycle and a look at last week’s top
performers some classic tweets heroes and villains dates for your diary and much more
besides this is the Coin Bureau News Live gm GA and GE and welcome back to another
episode of the Coin Bureau News Live coming to you from Dubai hey guy happy Monday how you doing
happy Monday to you Nick i’m well thanks i’m well i’m glad uh that we survived the
the missile storm yes the missile storm it didn’t It did There weren’t
the missiles weren’t sent this way last week but um close enough to have uh various sort of
crypto people who I’m on WhatsApp groups with um pissing their little panties
losing their [ __ ] i think people were more worried about me in Dubai than me
actually being in Dubai it’s like there’s a war going on that we can’t fly there and all that
whereas literally it was still miles away out there in Qatar and other places in Bahrain so
and it was all for show but we’ll get on to that in a bit for sure um welcome of course to
the bureau news we’ve got a lot to cover today of course we’re going to be looking at the
Bitcoin price you know back back above 107K now we could be running towards the alltime high
this week let’s fingers crossed fingers crossed yep and then where the hell
are we in the cycle guys where are we in the where are we are we here we
back we It’s over where are we you know we’re so back yeah exactly where is Bitcoin and of course
altcoin season the ever elusive altcoin season speaking of alts of course there are some alts
with attitude two two strong performing alts which we want to touch on so we can cover you
some do some altcoin coverage but before we get into all of that guys of course don’t forget
to hit the like subscribe ring that bell as well and let us know down in the comments well
how are you feeling today how’s your sentiment looking where do you think Bitcoin’s going to
do you think we’re going to break all-time highs this week absolutely and uh yes we will check
in for a sentiment check with you guys because you’re our you’re our social indicator you tell
us what the market is feeling so let us know we don’t have the charts open on the stream so
we’ll have to base our analysis on what you’re saying in the comments so let it be known guys
cool so rolling back to last week Monday it was a very eventful day it was a very eventful weekend
um of course the war was reaching a fever pitch uh concerns about an Iran retaliation which of
course did come um and this happened to the some US bases um and uh it did cause some massive FUD
there was a massive per deleveraging in fact the biggest per deleveraging since August 5th of 2024
so that that was the um the carry trade unwind oh crazy crazy times yep
gosh people literally lost their [ __ ]
exactly and they were highly leveraged um because of it but of course it was all for
show um and it turns out that Iran informed the US via two diplomatic channels hours ahead of the
attacks on Qatar telling them that we’re going to be doing these attacks at this particular time
make sure your bases are empty it’s It’s very strange isn’t it international diplomacy moves in
mysterious ways yeah it’s just sort of like yeah we’re by the way we’re um we’re going to attack
we’re going to attack and then the Kmeni also told Trump and by the way after that I’m going to
push out a tweet i will be throwing some shader your way but don’t worry i don’t really mean it
i need to stand up and make it look like I’m I’m bigger than we really are and we’re having a sort
of any impact but um anyways Bitcoin’s swiftly recovered so if you um sold your Bitbone Bitcoin
because of some missiles flying in the Middle East thousands of miles away from UAT NGMI guys ngmi
ngmi absolutely tuesday we had a ceasefire announced uh and this is positive momentum for
the market there he is there we go ceasefire is announced and congratulations to everyone
congratulations to everyone and then ending with “God bless the world.” “God bless the world
we now have peace peace for all.” He’s going to get the peace prize the Nobel Peace Prize
well that’s what he wants apparently he is he is ang not happy about the
fact that they gave it to Obama well I mean to be fair he did solve the Rwanda
and Congo war over the last week as well so Iran Iran Israel Congo and Rwanda and some other
one India and Pakistan so he’s on a roll he’s on a roll let him cook the world
peace man um anyway so we also last week speaking of missiles being fired we had
the the Fed’s testimony in the House okay and he went through a number of he was
obviously being grilled by the Congress um but he obviously no big surprises growth
is solid tariffs are on the radar and they kind of split which we kind which we
knew uh but someone of course wasn’t very happy and had a very apt comment
powell is a very average mentally person very average very
I think he’s trying to refer to the famous bell curve and we’ve obviously got an image here
as well yes what he was trying to say is Trump is PA is a midc don’t care about the data bro just
cut rates just cut rates you know yeah average mentally person wow it’s um Yeah these these sort
of they’re very personal these attacks aren’t they very he’s tried everything with Pal you
know i mean he’s going to start insulting his wife what else you know
don’t give him ideas i’m sure he will wednesday Bitcoin retook $18,000
amid relief on the war um and on then also we had a buy from another Bitcoin treasury strategy this
one by Pro Cap which is of course the Bitcoin treasury strategy by himself Mr pompiano
oh yeah pump is pumping Bitcoin into his Pro Cap fund
there uh MetPanet was not to be outdone though and they then decided on Thursday they
were going to accumulate 1,234 Bitcoin okay bringing the total stash to 12,345 i love
Metal Planet’s numerology obsession here 1 2 3 four more bitcoin total stash 1 2 3 4 5
good PR benefit there man that that that is it isn’t it it’s a PR thing it it
gets idiots like us talking about it they probably wanted to could have
accumulated more because remember this was their second buy during the week they
could have accumulated more on Monday they thought actually I want to try and do it such
that numerology makes sense so credits to them I love it
um but who cares about MetaPlanet guy because this was the best and the biggest
Bitcoin treasury strategy announcement last week the lingerie fighting championships
the lingerie they are going to be accumulating Bitcoin i
mean now it’s that’s it man that’s we’re done exit exit velocity achieved
um lingerie fighting they had to the volatility in the lingerie
fighting championships balance sheet that for too long have they been subjected to the fiat standard
it’s been impacted on their business model i’m trying to read that bit they’ll
be adding $230,000 worth of Bitcoin okay well yeah it’s not bad um
I I would love to I would love to know exactly what this is about i I
should actually have done the research the lingerie fighting championship so
do you think they actually fight in lingerie or do they throw lingerie at
each other and when they’re fighting or I mean I I’m going to guess here Nick
i think they probably fight in lingerie that’s I don’t really know
it’s not a very good fighting gear having never fought in lingerie myself Nick
i’m I can’t really comment um but if you say so okay
um yeah so from uh from the sublime to the ridiculous
yeah let’s not get sidetracked friday of course we had the PCE numbers out they were headline was
about in line with expectations core was slightly higher they were notably both above previous
months um so therefore inflation is still not looking too good and we did have revised GDP
numbers as well and they were actually really bad so what’s interesting is you’ve got hotter
inflation but lower growth so it’s kind of like what’s that stagflation right potentially
if you have two negative quarters of GDP people mentioning that but that is why this
comes back to the question around the Fed’s difficulty in this position because there’s a dual
mandate the dual mandate of growth and inflation um but that didn’t stop the markets
the S&P 500 and the NASDAQ hit all-time highs last week Friday stuff
so we’re talking we’re talking about GDP declining we’re talking about inflation
going up and yet the stock stocks do not get front running in that big beautiful
bull which we’ll be talking about but they want to get that in the the growth
uh the growth and the debt monetization and the money printers going to come out and
pump their bags it’s wild um ETFs as well I Yeah exactly big week for ETFs
2.2 billion 14 days of inflows 14 so that’s a 14-day streak that’s
longer than my current Wordle streak yes i’m sure this is exactly what I’ve
expected to hear from you on a stream that’s the alpha you tuned in for there you guys
i mean Wordle okay next week you’re going to be talking us about your your Scrabble streak as well
yes yes I will actually I will um okay so so that brings us up to today um and funnily enough we
have more buys right well today well first of all over the weekend just quickly touch
on the weekend it was a relatively quiet weekend which is quite suspicious to be fair
nothing really was popping off derabit’s volatility index this is really interesting this
is the volatility index on Bitcoin options it’s the lowest since 2023
wow which means the market’s kind of asleep right
now yeah which I guess kind of makes some sense as we’re heading into the summer but you I
I would expect to see that probably a little late like we’re you know on the cusp of July
i would expect to see that sort of July August potentially indicated that something could
be coming something could be brewing there’s quiet it’s it’s it’s suspiciously quiet
yesterday we broke back above 108K um and then as today you alluded to we had two buys
of course MetaPlanet and strategy accumulation so 1,00 something like that 1005 and then 4,980 BTC
okay so strategy still still still stacking still the big boy in town but Meta Planet
is uh is is a is a worthy apprentice is yeah any shadow any shadow
is always there i like it um it’s going to be a busy week though ahead
what’s coming so what’s what are we looking like ahead this week well we’ve got trade deals
potentially more attacks on the Fed more comments and insults from Trump to pal data a lot of data
coming out and the non-farm payrolls check out the movement on the big beautiful bill because um this
is potentially going to be passed this week and it adds something like 3.5 trillion to the deficit
and this comment by Trump just pretty clear they’re trying to grow out of the deficit but
it’s just the only road all roads lead to money printing and debt monetization which is incredibly
bullish for Bitcoin nothing stops this train nothing stops this train stock market’s
looking up today futures on these u on stocks are looking good so we’ll see it
opens in 20 minutes um some quick charts to look at we have a small CME gap that opened
over the weekend ideally we’d want to come back and close this although I think we’ve
kind of re recovered a bit and over the gap again but we would want to come back and close
this so it’s a clean break above towards the all-time highs speaking of which we’ve got
some strong liquidity clusters towards the all-time highs at around 108K to 112K so that
would act like a magnet for Bitcoin higher but of course guys if you want to play byplay
trade by trade on the day uh we’ll refer you to the Coin Bureau trading channel go and subscribe
there dan’s got a video out there um Dan the Man and Aaron Dishner and you can scan that QR code
and speaking of Aaron Disher he’s also got a video out on the More Coinb channel which is
really interesting it explores the disconnect between you know equities the falling Dixie and
the stagnant Bitcoin prices with al and Bitcoin and alcoin prices so check it out it’s going to
be also there you can scan that QR code behold in my top left hand over here scan that QR code
it will take you to the holy land of Mcoin Bureau the promised land of coin
i’ve heard it described as many things but never as that that’s great okay
uh would you like a quick sentiment check as to how people feeling in the comments uh generally
um it seems people are in a pretty good mood uh Brett Thompson wall of famer says “Nick will
sing if we get 1k likes and if we get 1.5k likes guy will dance while Nick sings so hit that like
button everybody oh man uh you guys got into that oh I don’t know about that i don’t I’m not
making that promise that’s Brett’s promise the question is who’s the
worst yet singer versus dancer i would say you’re a good singer
i would say I’m the better singer just because I may be the worst dancer on planet Earth like
I challenge anyone to be a worse dancer than me okay man let’s go challenge accepted
yeah okay um meanwhile it’s our job to uh to give someone um inject a bit of positivity
into someone say APD2403 hey fellas just plugging away at work drafting up sanitary plans what’s a
sanitary plan please post me hello on the screen so I can feel good about myself
what’s a sanitary plan i don’t I I don’t think we want to know
jesus apd2403 feel free to tell us in the comments what a sanitary plan is but if it’s
as horrific as I think then maybe maybe don’t um someone’s noticed that I had a haircut at
least thank you very much you had a haircut god jeez i mean fine fine
fine okay cool okay cool well nice haircut guy lots of questions about Dubai thank you Nick lots
of questions about Dubai for some reason is guy doing any bridge tournaments in Dubai bridge no
he’s No he was going to be doing some bridge but he’s first got a bowls tournament this weekend
my parents are actually very fond of bridge this isn’t the 1950s good grief um okay so yes
generally oh yes uh Pilly 1000 very helpfully clarified for us uh it’s UFC and knickers
the lingerie fighting champion championships okay so
I still I still maintain it probably not very easy to to you know combat do combat sports in lingerie
well as they say Nick don’t knock it until you try uh thanks for that note guy i’m not planning
to but uh um and uh the production team appear to have spun up their own alt account whoever’s
been making the Coin Bureau title cards lately have been doing a great job please pass them my
accolade yeah we see through you there guys we see through you well accolades to you well done um
so yes generally it seems sentiment very positive um so let’s see if we can keep that going by
finding out Nick where we are in the cycle where are we in the cycle
so many memes so many posts saying this is this is the toughest cycle ever this is
the worst altcoin season ever um it’s a tale of two cities man a tale of two sentiments Bitcoin
and altcoins you know absolutely altcoin holders so look I mean let’s start with Bitcoin
obviously uh so I think that it’s in a one can say we’re probably in the late stages
of a bull bull run right so one thing that I want to note is this chart from CryptoQuant’s
really interesting and it shows how accurately Bitcoin has been tracking that fouryear
cycle almost like a musical metronome right three years of rally three years of positive
gains one year of a big retracement a bare market in one year three years of gains bare
market so that’s been like that since 2011 back there um and that shows that you
now we in 2025 the third year of green growth which therefore means that this should
technically be the cycle top sometime this year um now previously we had 61% of the cycle top
um in the third year so if we were to take and extrapolate out and with a price of bitcoin
at the beginning of the year about 100k we expecting probably or what 90k about 150k cycle
top towards the end of this year Q4 uh so that’s but of course there are diminishing returns in
bitcoin so you could say some could say 140k or whatnot but another really interesting pattern
to look at and this is the um 20 the 200 week moving average on the over the long term and
something called a mayor multiple now what this shows here is basically it shows how accurately
it’s the 200week moving average and you can see that whenever the 200E moving average crosses
over the price of the previous all-time high that usually marks a cycle top right
interesting okay so it’s been accurate like this for the past four five cycle four cycles
and now we’re in the stage where how far are we now from crossing from the the 200E moving average
crossing again as we pull up the next chart and this shows that we’re a few weeks away i mean a
few months away and it’s projected out in mid 2026 okay
another one okay so according to according to this metro
as you say does seem to have been surprisingly accurate and elongated then the question
comes back to what sort of price could you expect and this thing called the Mayor multiple
basically takes a look at how far above the uh 200E moving average does the uh price of
does the price price of Bitcoin top out and it obviously is a diminishing returns over time
and according to this Mayor multiple this year or this cycle top could be about uh 220K in terms
of the uh the cycle top for this this cycle right and that would be Q that would be Q
they say in mid 2026 so that’s that’s another interesting metric to look at
okay so at the moment it would suggest a spread between sort of 150K and 220K
and time timeline in terms of potentially cycle top Q4 this end of this year okay to Q and
next year Q like Q2 Q Q2 um but it’s also take into account that’s just an indicator right
there is macro conditions right yeah um yeah macro conditions are important um the Fed is
well apparently going to begin cutting rates later this year um and historically tapered
uh tapered hikes and and QE which we you know we’re not seeing yet we’re only just sort of QT
is only just kind of wander um winding down um but tapered hikes and QE do boost uh flows to
speculative assets so uh if you look at those if you look at metrics like that then that
would suggest certainly higher for Bitcoin exactly yeah so to sum it up Bitcoin could
be charging through 20 late 2025 to early 2026 ranges of cycle tops between 150
to 220k but that’s Bitcoin of course yeah okay so I was going to say that’s all good
then we’re all fine uh but what about altcoins well I mean this this season compared
to last season I mean this is It’s it’s a bit worse for wear
it’s a it’s a this old season is a bit lived in been around the block
a few times not much tread on the tires losing hair like gray hairs
so I think the most important point to point out here first of all is that Bitcoin dominance
is still very high it broke through another yearly high recently and it’s at its highest level since
2021 and generally and you point out like that Ben Khan was saying if you excluded stables right
yes um as Ben pointed out on NFA Live on Thursday if you exclude stables from the Bitcoin dominance
calculation um which is an important metric to look at I think then we’re sort of above 70%
exactly um if I recall rightly and you know that is important because last time around stable
coins were nowhere near I mean as anyone can tell stable coins have been one of the big
successes of this cycle and continue to be exactly yeah so the theory is that bit bitcoin
dominance will need to retrace considerably for altcoin season to to come right and uh some
people say look we need to first of all look at the alcoin season index is another interesting
it’s quite far away it’s quite this is another this is the famous alcoin season index now
it’s it’s solidly in bitcoin season and in fact like a week ago we reached 12 on the alcoin
season index which is the lowest we’ve been since July last year so pretty far from old
on a scale of 1 to 100 we’re currently at 12
12 hey man we got we got to we got to go somewhere
go at least we go in the right direction at least it’s not at least double digits at least it’s
positive at least at least it’s positive but you know anyways I think the point is we
need to see Bitcoin dominance turn right and I think we it’s just really interesting
because about two weeks ago we did a stream with Lewis with Lewis Rascin right so this is um
this is one of put up the video there uh this is someone who’s going to be joining us actually
and I think it’s the first time we mentioned on a live stream that Lewis is gonna be joining us
as a host as well on Coin Bureau yeah so you’re going to be seeing a lot more of his face but
he went on analysis with us last week or two weeks ago and he talked about when he thinks he
could see a top out in Bitcoin dominance before we start seeing it collapsing and therefore see
an altcoin season so go and check that video out we’ll link to it down below or you just go and
hit that more Coin Bureau QR code at the top yeah and you’ll get a uh you’ll get a preview
before virtually anyone else of yeah a new face who’s going to be around here and yeah
Lewis is great his analysis is great really interesting guy so keep your eyes peeled for
him um obviously I guess when when we talk about Bitcoin dominance one thing we should
mention is that you know in previous cycles it was very very easy and kind of the natural
way of things for money to flow out of Bitcoin and into alts now with ETFs and a whole
load of other you Bitcoin adjacent products that is arguably going to be a lot
harder that that path is not well trodden it’s exactly it is structurally different for
sure but that being said there are still lots of specialists who say that altcoin season is
delayed it is of course delayed in terms of timing uh but and it will turn it’s not dead but
the point of we we’ve mentioned many times before that it’s not going to be anything like the 2021
altcoin season because you need massive amounts of liquidity you need rates near zero and you the
problem is also the liquidity component and the saturation it’s not just a lot of altcoins it’s
not just meme coins it’s also crypto equities crypto tokenized stocks which is now the vogue
so I think that we’re going to see lots of alts pumping i think it’s still we still it’s good
to be bullish on some alts some alts which we’re going to get to in a bit are are doing very well
some narratives especially narratives that revenue generating are very important to look into
but you can’t just go and take a wide swath of altcoins say I’m going to allocate x amount to
a certain amount of altcoins and they’re going to all perform you need to be very very selective
yeah and it’s interesting that you mention um you know crypto equities as well because we’ve
seen the circle IPO i mean which was a couple of weeks ago now i mean it’s record-breaking
it’s attracted so many inflows and you’ve got to look at that I guess as a lot of
people out there going well I’m bullish on stable coins i’m bullish on crypto but this
is the exposure that I’m comfortable with yeah and you know it’s because it makes a lot of sense
i mean you know you could argue that Circle is probably overvalued at these levels but it
is an infrastructure play on on one of the hottest niches in crypto that might be enough
for some investors for their crypto exposure exactly that’s and that’s just circle there’s also
Coinbase there’s also exchanges listing and then there’s also the Bitcoin treasury companies which
are themselves leverage bets on Bitcoin leveraged beta plays so yeah I mean there’s lots to there’s
lots to think through but I think that I’m still bullish on some alts i think that al season will
they will have some sort of alcoin season but just be be more selective in your choice guys
yeah and I think be ready to take advantage of pumps when they happen because I just I I find
it very hard to imagine a scenario where we’re just watching everything go up at the same time
and you know this is a this is a big part of how it played out at the beginning of this year and
the end of last year we did see a lot of a lot of altcoins pumping but those pumps ran out of
steam they didn’t last and I think you’ve got to be ready to take profits um when you can
time for the wall of fame and shame cool okay um there interesting
why do I Why do I have to be Spock i like it man i like it that’s all good guys
very good very good i preferred the big Labowski personally but you know that’s
just me um okay so on the wall of uh fame this week we have uh who’s this guy Nick
this is Summer Gervich geovich sorry so he is the CEO of Metanet now this is we’ve mentioned them
before uh they have been stacking Bitcoin in the they’re sailors prodigy i think he’s sailor’s
prodigy can say that the meta the micro strategy or strategy of Japan they started as a hotel
accommodation business or like and they’ve just they’ve just run this Bitcoin treasury strategy
full on and they’ve been accumulating a lot and they’ve also been issuing they just issued debt
over the weekend to buy more they’ve issued a US entity a US um subsidiary that’s going to do
the same and they’ve been rewarded in terms of their shock their stock price in Japan as
well so you know he is the sailor prodigy he’s the prodical son he’s going to pump the pump
our bags as well over there from from Japan young sailor
young sailor yeah um yeah Metal Planet seem to have seemed
to have done it correctly they also hired uh Dylan didn’t they he’s a well-known Bitcoiner
i think he sort of manages this strategy or he’s their sort of Bitcoin adviser um and yeah so far
they’re they’re doing they’re doing great things so yeah Simon Gerovich Sailor Sailor II
uh meanwhile over on the wall of shame um we have who’s this barclays Bank oh yes
so this is the news barkclays Bank for those unfamiliar is one of um the deeply mediocre high
street banks uh available to the long-suffering people of the United Kingdom um anyone who’s a UK
resident or has lived in the UK for any amount of time will know that basically over the course
of your lifetime you shuffle between Barclays and a number of other banks and they disappoint
you in one way or another uh at some point in your life it’s a bit of a right of passage anyway
Barclay’s uh being particularly disappointing um no longer letting Barkley Card which is their sort
of in-house credit card no longer letting users of that um buy crypto with their Barkcley card
yeah exactly um it’s ridiculous
it’s mad because you know you get these noises coming out of the UK
we want to be crypto friendly you know we want to encourage the digital asset industry and then
you get something like this and it’s like NGMI yeah NGMI for sure and to be honest like compared
to what’s going on within the US and uh all these other pro crypto movements and then you see what
the UK is doing and it’s ridiculous because also Barclays it’s one of the entities within Barclays
asset management maybe they’ve accumulated some Bitcoin ETF exposure the IBA exposure but they’re
not allowing their customers to go and use their own money to go and buy cryptocurrency treating
them like you know children so yeah terrible and it’s always it’s always retail who gets
stuffed by things like this it’s much it’s much better it’s different for institutional investors
in the UK if you’ve got you know if you got the money and the right connections you know it’s much
easier retail investors no it’s it’s it’s stupid yeah very bad
shame on you guys shame on you Barclays yeah okay um let’s talk about something a bit
more cheerful and that is the fact that you as you alluded to earlier Nick um certain altcoins
are really going great guns at the moment and it’s not just about price action obviously price
action is this kind of lens that we often tend to you know view a particular project’s success
through and okay it is one indicator but not always um but we’ve picked out a couple of large
altcoin projects today that have not only you know been seeing some positive price action of
late but also have a heck of a lot going on in their respective ecosystems and just around them
generally um so who have we got up first Nick first we’ve got XRP the XRP army no doubt uh so
firstly most importantly the legal saga is over now i know many of you would have thought hey
wait didn’t the legal saga end earlier this year with a settlement but apparently and quite
rightly Ripple didn’t really like the fact that hey why are we still having to settle at $125
million with the SEC pay these guys money when they are dropping cases against the likes of
Richard Hart for example so and therefore they did want to they wanted to basically go back and
appeal um uh but obviously this would involve a lot more back and forth and I think they just
wanted to close this chapter and move on so they officially withdrew this appeal and now
basically the the SEC has dropped it appeal too and this finalizes the legal battle you know
what after what four years and something 110 million in legal fees uh what a
waste of time what a waste of energy what a waste of money
exactly what a waste of money and and now it’s good because what it basically means is the ruling
stays um $125 million penalty although and they can’t do institutional sales of XRP however XRP
importantly is still is not a security for retail so programmatic and retail exchanges sale remains
illegal but classified still classified as not a security so that’s good news for Ripple okay
xrp yeah so uh good news for XRP holders there
especially retail one well that makes a nice change doesn’t it um meanwhile Ripple uh has
also been so there’s lots of stuff happening on the XRP ledger um the native XRP blockchain
including a recent integration with wormhole yeah exactly so this is connecting the XRP
ledger and its EVM compatible side chain to over 35 blockchains including the likes of
Ethereum Salana Avalanche BNB chain and Polygon and and it enables XRP native DAPs to interact
with EVM chains and Salana D5 platforms while developers can build multi-ecosystem applications
yeah and uh David Schwarz who is Ripple’s CTO um one of the most distinctive looks in all of
crypto i think you can I think you can safely say um he has been stressing recently the
importance of interoperability for for mass adoption of crypto and yeah I mean this is
really important for for any crypto project but I think this is something that Ripple has
perhaps neglected over a while you know maybe they’ve had their um attention diverted by
this ridiculous SEC case that’s ground on for so long but yeah if in order for a crypto project
to be successful these days it needs to have those integrations with other blockchains
we are moving into a multi-chain future Um so it’s vital that the XRP ledger is able to
you know interact as seamlessly as possible with all these other blockchains because that I think
is what crypto is going to look like in the future yeah and wormhole is bringing that crosschain
liquidity to all of these other plat um networks um but speaking of the XRP EVM ledger there is of
course I think we could expect a few announcements this week possibly because it’s ETHCC in can
and um we also have a video coming up on the ECC’s where
can can but we said it was Paris last night i was mistaken
okay I was mistaken you know it’s still France so you’re still at risk guys wherever you are
but at least after you get robbed of your crypto you can still go and enjoy the beach instead of
you know the Eiffel Tower so anyone who planned their trip to ETHC in Paris uh just apply to
Nick for compensation um for misinforming you there we do apologize yes uh ETHC is happening
in Can um and yeah we’re expecting announcements from there exactly lots of announcements and
hopefully related to the XRP EVM ledger um but there was also some really interesting XRP news
last week Greger there was there was so we’re all familiar with uh the likes of Brad Garlinghouse
and Chris Lson and obviously David Schwarz as well big figures in Ripple’s ecosystem but there
are some other guys behind the scenes now Jed MB perhaps is is the most wellknown the guy who went
on to found Stellar um and is now a sort of space exploration bro as well but there was another uh
founding member of um of Ripple uh Arthur Britto um now Arthur has been very very quiet in fact
he hasn’t posted on Twitter for years um and then just a few days ago he posted this
now guy I’m not too fully clued up in my emoji terminology i know that’s
a face without a mouth yeah what is that supposed to signify
well I Yeah I consulted some of the younger members of Team Coin Bureau on this and then
also consulted the AI so there can be a number of meanings for this emoji um it might indicate uh
speechlessness it might indicate um an inability or an unwillingness to say certain things or to
speak in general um yeah various sort of various ideas on that theme so it’s it’s a little bit on
the cryptic side um a lot of the XRP community got very excited about this i mean it is kind of
a concern dep depending on how much XRP holds depending on how on on what sort of emoji language
you speak um yes and very much dependent on the uh on the amount of XRP Arthur Britto may or may
not have um and actually David Schwarz who we mentioned earlier did confirm that this uh that
that um post was genuine it was from Arthur so lots of questions about uh why he is chosen now
um of all times i mean maybe it’s maybe it’s to do with the dropping of the lawsuit yeah
um but yeah you could interpret that as good news or bad news I suppose but what however
you interpret it there is a lot going on in uh the XRP ecosystem at the moment so XRP
definitely one to watch over the coming months one to watch indeed and another one to watch
if you haven’t been watching already because it has been performing like crazy over the past
week and that is of course SE network uh now um it’s one of the rising EVM contenders uh the
price like I said has been going crazy over the past week and there’s a few factors here that
could be driving this one of them first of all potentially on the inst institutional buying side
so it was revealed that circle holds about 6.25 25 million say and also Trump’s you know world
liberty financial had purchased about a month or two ago about 6 million say so there’s early
indications that there’s capital flowing into say okay say of course uh as as I understand it a
US-based bitcoin project so that would yeah crypto the founders are from the US I think
US companies and things like that um obviously that would that would partly
explain world liberty financials interest in it um there’s also uh talk around ETFs now I
We we haven’t really touched on this much recently but this is something I think that sort
of slipped out of the conversation a little bit um until the last few days altcoin ETFs
are probably going to be a thing this year they are they’re moving ahead very
very quickly i know there’s a Salana one that could be launching pretty soon
yeah so yeah the SEC’s recently made some interesting comments around staking so we could
actually see staking altcoin ETFs uh launch soon um uh that includes for XRP but also um Canary
Capital which to be fair has filed for ETFs left right and center um has also applied for uh
a staked say one um I mean look you know it’s it’s maybe a bit of a long shot at this stage but
I kind of think well probably a stake say ETF is more likely or perhaps better than a Fartcoin ETF
or a Melania there is there is an application for a Melania ETF that is how crazy Lots of corporates
are like lining up to adopt their Melania treasury strategy as well melania and Fcoin treasury
strategy the world the lingerie fighting championship the next coin they’re going to
oh my word um anyways say is also now the number two
EVM chain by users 8.1 million wallets 74% month-on-month growth and it hit an alltime
high in TVL at 589 million so it’s crazy um I’ve got to say say I’ve got to say that that that
has kind of crept up on me a little You don’t say I I do say I do say um yeah that’s I I don’t know
I it just seems to have come a little bit out of nowhere but those are some impressive figures
say it ain’t so um so government backing Wyoming picked up say to run it stable coin pilot as
well which is very interesting on a state level and I think it’s just this real world adoption
narrative growing DeFi metrics and all of this is leading to uh this growth in the same
network so it’s definitely one to watch okay and of course say we covered say a
long time ago for our coin bureau club members um but this is I mean say is
one of the fastest if not the fastest we do have a main channel video that we have a
main channel exactly yeah yeah so go and check that out we’ll link to it we’ll link to it up
top as well not more coin rates it’s down below so whatever so we’ll link to it or we’ll link to
it they’re going to put a card here later on so I can’t I can’t remember if it is the fastest
actually officially the fastest blockchain or twin turbo consensus mechanism
like a 911 beautiful beautiful brandon’s great but if you
guys are feeling bullish on either say or XRP well then we couldn’t think of a better place to
pick it up than on Binance our first brand partner so if you don’t have an account at Binance yet
then you can create one using the QR code over there on the screen or you can use the link
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yes and whatever you buy there you should make sure that you secure it as well uh using one of
our other brand partner Ledger’s beautiful new devices the Ledger Flex and the Ledger Stacks
uh $10 in BTC when you uh when you buy one using the QR code you can see on screen there
indeed and then moving on to our third brand partner now this is of course Arkham Intelligence
now Arkham does have an exchange that’s available globally as well as many US states and we’ve got
an offer for you where you can get 50% off trading fees for the first month if you scan that QR
code but of course Arkham is best known for their onchain analysis tools and their dashboards and
they shared with us this weekend uh one of these announcement tracking um wallets that they picked
up on that it wasn’t shared on their Twitter and I found this quite interesting quite ironic a hacker
was a man managed to mint the cyber security firm hacken’s native token high and dumped 250k of it
so they basically hacked a cyber security firm’s crypto project to mint tokens to dump
that is that is not a good look that is the one thing they didn’t want to happen
okay all right so um that is our brand partners a big thanks to them let’s now have a look at last
week’s top gainers top performing cryptos from last week um so start off with a slightly familiar
face i think this has been a top gainer before penu yes it has right
the Pudgy Penguins those cute little penguins are on a roll at the moment
um yeah i mean very recognizable brand you know um appearing in all in all sorts of places but
I think from what I could see um this listing on Revolute seems to be the catalyst for this
particular pump pangu started going vertical the same day that listing was announced
massive access for retail um then they say which we of course just mentioned
reasons for yeah um next up here’s one you don’t see this is a collector’s item
um Arbitum arbitum remember Arbitum well this is interesting because like Arbitum there
there’s been a lot going on with it and it’s been you know it’s been humming away in the
background i you know I sort of became aware of it again and I say this as an ARB holder by
the way i became aware of this again when um your portfolio sorry because obviously um one of
the ways one of the few ways you could deposit to hyperlquid was via USDC on arbitrage exactly
but you don’t need the native token for it that’s the thing the native token that I think
that one of these things most of these layer 2 struggle with is creating demand for their
native tokens indeed it’s something even ETH itself on the main chain struggles with right
trying to create a value acrruel for the token but um yeah that’s Arbitum right
yeah so there’s a really good thread um from Look on Chain on why ARB is doing well but
TLDDR um there’s talk of a Robin Hood partnership a possible um possible L2 it’s something to
do with European users being able to get uh US stocks uh there’s also been a 25% gain in active
addresses over the last week and lots of activity from market makers as well so that’s why ARB has
been shooting the lights out makes a nice change and next one is Jupiter’s Jup so there’s lots
of updates recently there’s a portfolio tracker tool getting lots of good mentions and the main
catalyst appears to be likely an integration with Moonshot now Moonshot’s of course the you
know platform where you can just go and buy with a credit card so a quick easy fiat access
yeah uh so that’s Jupiter and also uh Maple Finance and its syrup token now there’s been a
lot of buzz around uh Maple i guess if you like the sort of tagline that people have been using is
kind of a for institutions um it’s aumum has grown by over a thousand% in a year
wow um and uh this particular pump I think probably
this bitham listing um South Korean dgens can now get it on get it on the second largest sex um
so that has probably helped as well i should say that I actually bought some syrup recently um I’d
heard the guys on the thousandx podcast talking a lot about it um so far it’s it’s done done all
right for me but um yeah so and interestingly that survived that nearly went under um with FTX
they were heavily exposed to that yeah were they around in the 20 2021 cycle
i think they were yeah I remember they have actually
been around for a while i think we may have covered them back in the day
take a look and check but maybe they changed the name or something
i can tell you that video is out of date now a great deal has happened
since then don’t go back and look for it guys um yeah so wow okay so that’s that so
let’s take a look guys at tweets of the week okay first up um the the
Litecoin intern continues to slay absolutely slay it salana and Litecoin agree
to a ceasefire litecoin will relent from mocking Salana for 6 hours and Salana
will just continue to not do anything credit man or it will just continue yeah not
process any blocks go down for 6 hours there we go shots fired shots i’m just joking i’m just joking
says the man who sold all his soul for hype i mean it’s been well for me so far so
um the next one this is hilarious yeah so Zack V pointing out James Wyn um who
we all uh who we all know well now the guy who lost $100 million on Hyperlquid
um is has had to become a Threador presumably to get that Twitter revenue
twitter revenue and he also re he also tweeted something like a news account last week it’s kind
of like you know breaking news PC numbers are out pc sort of like wow he uh he is he is back
i got to monetize this stuff now what a character arc this
guy is having extraordinary uh next up we have uh this one from
uh someone called Andbessa oh my word it’s hilarious
this is very triggering um so yes poor old Vitalik uh alone I want
to say jogging i mean I don’t know if you can really call that jogging sort of scampering
um through a park in Germany and he’s sort of bothered by a topless German jogger this guy
said one of the com the top tweets is um the top replies is this guy did the impossible a
video with Vitalic but the one that’s cringe in the video is not Vitalic is super cringe
bro you are costing another man without your shirt basically speaking in my face
question for you Nick topless joggers should they be arrested on site well
in Dubai it’s not legal so I think so you what it’s not legal
I don’t know well it’s not Last time I went down to the marina
which admittedly was a while ago There were there were people jogging
jogging topless all over the place obviously oh clarify that
Dubai hasn’t quite gone in that direction uh just yet um yeah like it’s it’s
just it’s just not on it’s just not on if you’re thinking of jogging topless past me don’t okay
imagine this guy oh this guy from the coin bureau let’s give me a hug oh oh just just don’t
let’s celebrate it’s Pride month topless joy is Topless jogging has got to
stop it’s just it’s just not a plus look it looks cold there that German maniac
must be freezing anyway um okay next one one point to actually it’s quite surprising
to see that Vitalic is is without security yeah it’s like he’s like one of the
most well-known and like is obviously a billionaire in in in Germany without security
yeah without at least a 20 strong security detail crazy
vitalic is built different I tell you um okay uh next up now you don’t
normally see the uh the European Central Bank um appearing in tweets of the week um would you like
to pick a European accent for me to read that in Frank yeah let’s try let me think swedish
swedish oh I don’t know there is an urgent need to channel retail savings into capital markets to
develop those markets and finance EU priorities oh dear that’s not very good and so standard
quoting increase green press anticipation that [ __ ] mix that bad boy up
Northern Irish brilliant
the Swedes in the comments now are probably going crazy bro
you lost France for us last week and this week Sweden is gone european countries dropping like
flies anyway um basically the ECB wants to get its hands on European uh European savings um in order
to basically fund uh fund finance EU priorities your savings our savings
yeah our money um so yeah not terrifying at all um the only thing worse
than that is my Swedish accent why did you have to pick such a difficult one couldn’t you
just do French like a normal person we’ve already alienated the French as well okay um
and let’s move on to another tweet of the week talking about alienating people what the is this
[ __ ] okay this is this I woke up accidentally like in the middle of the night and I saw this
and I thought I was living in a nightmare i I don’t know this is like this is like furry
meat like horror story or something this is a Monad tweet was community first so I assume
that these are Monad community members who are just so dying to get an airdrop that they’re
willing to subject themselves to some sort of a public humiliation dressed like that i don’t
know what the hell this is supposed to mean but these these images I we will leave a link to
the tweet below for you guys if you want to go and check it out warning when it’s when they
look way worse when they’re blown up um I don’t know what they’re trying to do i don’t know what
this what is meant to mean it definitely got us talking so in terms of Monad’s goal of getting
awareness for their project although I think they should probably come towards mainet quickly
because if this is the kind of stuff we’re going to be subjected to people are going to not take
well you you wonder why mainstream doesn’t take crypto people seriously please take us seriously
we’re serious people uh here’s our community well this is Jeff well I mean I guess it beats tweeting
Gonad for the billionth time or whatever but like just weird very very strange okay that
was tweets of the week um what about coins to watch next week well one one of big
Ethereum heard of it vaguely rings a bell got some Russian founder well known he’s runner
he’s quite a runner um this week we’ve got ETHC um there’s expect a lot of announcements to come
out of that numerous different EVM ecosystems and then on the 1st of July 2025 we’ve
got uh the Galactica mainet on Vchain ooh Galacta mainet implementation and
introduction of a new economic node tiers okay there we go
so big thing is potentially brewing in the Vchain other than sponsoring UFC and what was
it what’s the competitive slapping thing called world Chap Slap Championship clap slap it’s called
this power slap power slap
power slap yeah indeed and I think also um Dana White
has a bag of Vchain okay all right well perhaps perhaps this could be Vets’s time
to shine okay uh dates for the diary as well um what have we got on Wednesday
wednesday it’s well the whole week is actually just economic um data points so
there’s ADP employment 37K previous versus 120K expected and then Thursday we’ve got and
Thursday NFPs on Thursday because Friday is I think it’s a public holiday in the US right it’s a
independence day independence day there we go man fourth of July yeah man
wow so basically most of the United States is going to be in it yeah
do you any Americans in the audience do you guys get hella crunk on uh on on Fourth of July is that
crunk hella crunk you know do they just get drunk i’m I’m trying to I’m trying to speak
like the like the like the kids speak cheers guy please don’t do that again don’t
do that again man don’t do that again you lost them when you talked about your scrabble
and your word things just like please um but do Americans get drunk on 4th of July
anyways the Americans will find out are the how many people are unemployed and then the
farm and then once they find out how unemployed they are they’ll be going and celebrating
by drinking the next day i’m being sick i only ask cuz I was once in
Chicago for St patrick’s Day and like you know bear in mind I’m
I’m British so I I’ve seen I’ve seen society almost crumble um Chicago on St
patrick’s Day is something else crazy bro people were on it like at 9:00 a.m
don’t they like paint the the whole river goes green they dye the river green
they’re they’re on it like the Guinness is fl It’s crazy i think probably the Chicago
is probably well known for having the best that and probably like Boston right
yeah I think those guys are I think those guys know know their way around a beer um
okay uh so that is Dates for the Diary um and uh lots uh let’s see what people are saying in
the comments right now um you see I was right uh Ron Jr is crunk right now oh okay crunk there we
go is that a good new new term I’ve learned great yeah only the kids only the Steven Steve from
Portugal says only the kids i presume that means only the kids get drunk on Fourth of July
only the kids use crunk well yes maybe maybe um Adish Sadine says “We light up the skies with
fireworks and sing the rockets red flares and bombs bursting.” Oh yeah the the the um the the
national anthem which I always forget the words to um I mean not that I should remember them
i’m not American so um Okay uh oh yes Brett is uh Brett is popping up they tailgate
eat hot dogs drink beer and blow things up with fireworks from dawn to dawn I believe guy
reminds me of I’ve seen some of those CCTV camera pictures videos where you’ve seen like um on all
on the lawn and then the fireworks accidentally pops off in like the in at a wrong time in the
back of a van or something and then the whole van starts exploding with fireworks and this fireworks
are shooting all over the lawn on the barbecue you’re not seeing those CC yeah it’s crazy man
yeah do you do you guys have any particular what what’s the big day what’s the big
party day in the South African calendar oh man any day there’s a rugby bro
okay as a rugby fan you know I don’t think there’s anything specific
yeah i wouldn’t want to be I wouldn’t want to be downtown Cape Town on on on a rugby day
that would be pretty wild wild yeah
or Ptori more likely or something like that okay okay um Nick will sing he reminds me of
Bjorn from Aba is this real life or is this Okay interesting interesting you brought that on
yourself uh rolling robot um when will Nick get a haircut i think we’ve just This is This just
isn’t hanging guys look here’s the fact guys and I’m making this official on the stream
right now i will not be getting a haircut unless Bitcoin hits 150K
there we go factory okay
so you guys you guys send it high guys send that everyone who’s watching
if you want me to cut my hair yeah okay Sailor yeah go on go on Sailor send it high um shame on
the UK guy should be the prime minister i think I think that would probably be the end you you do
a better job than the current guy let’s be honest oh we’re straying into politics there Nick
or will you be the list too list crypto oh I don’t look like her um now still
crypto steo we should ask answer a crypto related question are we still bullish on SU are you still
bullish on yeah I still hold Sui i think like um it’s a lot of exciting stuff happening in the
ecosystem as an alt L1 i think it’s going to be give Salana a run for its money for sure um and
in terms of as a move based ecosystem is probably one of the pre-minent ones although apttodos is
growing a lot as well but yeah still bullish on yeah I think I saw a metric saying uh that
stable coin volumes are climbing very much on suite um we both hold do you still hold
we both hold so we should uh should point that out they’ve also got the gaming device
which I think has had a sort of beta launch but I don’t think it’s been I don’t think
it’s been launched worldwide yet like two weeks I think over the past two three weeks
they’ve released a lot of games as well yeah yeah um Kian says uh best L1s Soul
SUI Avac say and Sonic i’m get I’m hearing a lot of talk around because we just did um a
video on RWAS avalanche came up quite a lot in because yeah because Avalanche if you will
recall JP Morgan did a test on it with their Onyx blockchain and they have these things the
subnets these individual subnets where you can have your own native token or you can utilize
AEX um so I think that suited well for it um but that’s yeah tokenized treasuries and
stuff but I think that’s the only real man places managed to get and gaming to a degree a
um some like the off the grid there was also that what was one last year that kind of
went under oh I forget now but yeah so I mean they they do
seem to be targeting gaming and and RWAS and yeah shrapnel shrapnel shrapnel shrapnel yes okay
um now interesting clarification here this is this is an interesting point from Dre hi guy
Nick I don’t like Barclays but Money on credit card is not the customer’s it’s actually it’s
not the customer’s money it’s actually credit from the bank yes fair enough buying crypto on
a credit card is a very low barrier to fraud i mean okay so fair point to be fair because
there’s also the point at which these things can be chargebacked um the merchant faces risks
uh and yes I mean you don’t know how there are credit limits and stuff like that but it’s wise
Barclay is the only bank doing this then i mean I don’t know are the other banks I’m sure there’s
lots of others out there i’m UK more specifically i don’t know what the policy is for US banks um
I mean I think you know credit card fraud is is an endemic problem i don’t know I you know
I don’t think you can necessarily say that it is it is you know purely crypto’s
problem um and really a lot of it is about how secure these credit cards are and
I guess that should be down to the customers as much as anything else you know are your credit
card details secure but it is a good point um I still think I still think it’s kind
of over nannying it’s like well if you start banning crypto if you if you can’t
buy this with it then what next you know I always feel that this is a potentially
very slippery slope um okay and um there was one other comment that I wanted to get out
oh Irish coffee and coin bureau is hard to beat j2 day12 i I just hope you’re
watching this in the afternoon yeah exactly coffee what’s it bailey’s
like stuff right bailey’s some people would say Bush Mills whiskey
what’s in your Irish coffee J2 day i just hope you’re not Well I mean
that would be a punchy start to the day yeah it would be hey well
I mean yeah good on good on getting ahead getting ahead of the
Independence Day from the US there but it would also be you know it’d be very
difficult to sleep if you’re drinking Irish coffee just before bedtime basically J2 day we hope
you’re looking after yourself we hope you’re okay espresso martini next blow oh don’t Oh
my word oh my word okay and we’ll sign off with a hello from Narnia oh god
oh yeah oh this was us at laser tag guys that was not approved i was not approved
basically with the [ __ ] shower cap they put on the Yeah for some reason you had to wear a
headband and a shower cap underneath it which was a bit weird but uh laser tag was great fun
that was fun yeah exactly a team a team out i did not finish near the top of the
leaderboard but for kills or anything but I did fire more fire more rounds than anyone else
that’s exactly There was civilians around in that laser tag guy you would have killed everyone
yes yeah I was uh I was Mr collateral Damage in that in that game of laser tag um okay
that is us for this week folks thank you very much for tuning in uh we could see
a new alltime high this week for Bitcoin yeah if the the charts are fortuitous enough
for us let’s see guys but whatever happens we will be back with you at the same time next week
so thank you for watching and we’ll see you then cheers guys thanks for hosting this every
Monday always a good way to start the week watching CB News the entire crypto community
loves you guys warts and all love this can you do more live thanks J thought I was
your favorite to the moon a setback major comeback that’s like your opinion man g
hobo contest is Rex 69 is guys tender profly so uh persa americana a common avocado tree to uh
to the layman Nick as you can see we’re growing it in clean water very important to change that
water uh very regularly uh to prevent disease as you can see this specimen sprouting very nicely
what we may do is clip the top in order to uh encourage it to bush out more um and it’s very
important just to keep it fascinating just to keep it sprayed because it’s you want to you want
to take good care of your plants there we are
