we’re so back Bitcoin breaks above $100,000
as signs of tariff relief lift the markets Here’s what went down last week and what
could come next wait what eth surges in the wake of Ethereum’s Petra upgrade sparking
hopes of a revival in fortunes for the second largest crypto Has the tide finally started
to turn crypto everywhere As more and more Tradfi platforms begin offering crypto
could altcoins be set to surge as retail investors return here’s what mass adoption
might look like and some of the coins to watch And a closer look at last week’s top
performers heroes and villains tweets of the week dates for the diary and much more
besides This is the Coin Bureau News Live We are so back ladies and gentlemen A very happy
green Monday to one and all of you and to you sir Yeah indeed Feeling good man Feeling like $100,000
Feels good man Feels good Nick good to see you It has been an interesting week right indeed And
we’ve got an interesting week ahead for sure We certainly do So yes in case you missed it I’m sure
you didn’t Bitcoin is back above $100,000 Even altcoins are outperforming Even Even ETH is doing
Oh no that’s the one We surely Congratulations guy Congratulations Surely we must be living dying
for the time You could actually say that at the start of the stream It’s finally come I know And
it feels even better than I thought it would Um so we are of course going to be discussing Ethereum
and ETH and everything that’s been going on there Uh we’re going to be discussing yeah Bitcoin the
rest of the market We’re going to be discussing how all these all cryptos suddenly become becoming
accessible everywhere all at once It is all kicking off ladies and gentlemen But let’s start
as we always do with an analysis of the week in Bitcoin As we said it’s been a big week Uh so Nick
over to you Kicking it off with the Bitcoin price So let’s cast our minds back to last Monday And if
you recall there was a stream by the chaps over at Coin Bureau And uh one of the chaps on the stream
said that we potentially could go above 100K soon because of many market factors I wonder wonder
who he is Oh which one was that oh yes that was you Nick Well done Nick Yes Sorry I just had to
get out there Well I’m saying guys you come here for the alpha Um anyway so yeah Bitcoin couldn’t
break above 95K on Monday but markets on Tuesday started looking a bit better as they were awaiting
the Fed rate decision Um they continued rallying through Wednesday heading into the FOMC right and
um on what I will note is that um on Wednesday an interesting fact for you guys uh the Bitcoin IBIT
ETF which is the Black Rockck ETF it had overtaken gold the gold ETF by year-to- date inflows Wow
How crazy is that and well and and gold has been gold has been flying Gold has been doing so well
People have a preference for the digital gold over the physical Um and then came the FOMC meeting
Uh we got exactly what we expected in terms of uh no rate cuts Um and Pal was a bit more hawkish
on the uh inflation side but he was slightly more optimistic on the growth and employment side
of the equation Um and but interestingly after that meeting the rate cut probabilities for June
completely collapsed So you see we went from one week ago to having a 40% probability of no rate
cuts uh to up to 80% in June So yeah that rate cut can gets kicked down the road pushing that boat
out far away Yeah Exactly So anyways that happened on Wednesday Then on Thursday the rally continued
around potential opium for a trade deal that Trump would announce with your country Yeah The UK Well
there was speculation I think for a start because he announced a deal with a major country didn’t he
and everyone’s like “Is this China oh my god it’s just Oh god it’s just the UK.” Oh my god UK [ __ ]
The UK is a major country You know um but what century are you talking listen the UK was once a
major country and and will British Empire The sun never sets what it has so just got to get used to
it mate Um anyways uh and then on that Thursday uh I posted that there was a lot of liquidity
above the 100k level that was just begging to be reached in terms of the market makers that
magnet of liquidity and indeed that happened on Thursday evening again through the 100k
level Glorious There we go Glorious Um and it continued in on Friday actually and I woke
up in the Friday morning at but that’s me live POV It was shiny It was going on 104K just kept on
rolling Um and a lot of this was around optimism for uh a potential another trade deal And Trump
did indeed come out and say “You better go out and buy some stock right now.” Yes The the the
president of the United States is now our humble everyday neighborhood financial adviser Exactly
He’s going to start his paid Telegram soon Come join me guys It is certainly going to be paid
That’s for sure Exactly Um I I mean before we look at the data I’ve got to say like obviously
we’ve we’ve broken through this 100k barrier a few times before now It’s not exactly new but I’ve got
to say it feels it still feels great It feels good man Yeah And and there’s many re many reasons why
I think this could be more we could sustain above this level much much more strongly than we did in
past And that’s firstly let’s take a look at the data So one that I’ll show you from last week is
the cumulative volume delta The difference between the take a buy volume and take a sell volume
Basically um people just taking the price and buyers versus sellers It turned positive for the
first time being taker by dominant for the first time in over a year Bullish bullish Another thing
that’s very bullish is in terms of futures funding rates Now you’ll notice this gives an indication
of how hot the futures market is i.e people going long a leverage getting you know leverage to the
lots of leverage and obviously it’s now a lot cooler than it was in the pre prior times when we
hit over the all-time high in Mar in January and December January and back in March last year so
therefore less chance of cascading liquidations that bring us lower less chance of extreme
volatility caused by futures uh liquidations okay so it should in theory be able to it
should be easier to hold above 100K It should be technically yeah um dependent on hopefully no
um kathuffles on the on the tariff side yet But um the also another bullish thing that came out
last week was Bernstein and they did this analysis in terms of if there were other companies uh that
would ran the micro strategy playbook i.e they bought Bitcoin for their treasury and they did
an analysis and sensitivity based on different um allocation levels to the balance sheets and
different adoption rates The TLDDR is their base case companies could add up to $330 billion in
5 years if they uh if they copied the strategy playbook Wow Yeah And I mean it’s fair to say
isn’t it because at the moment we we seem to have this slightly warped view of corporate Bitcoin
accumulation that it has to follow the sort of strategy playbook in that basically just buy as
much of this stuff as you can issue as much debt or sell as many shares as you like But actually
really the story of corporate accumulation is probably going to be small percent you know
maybe 1% maybe 5% treasury allocations from you know massive companies right through to
smaller companies and that is going to be I mean that that could be cumulatively trillions
right a massive addressable market indeed um and speaking of this actually we got news today
obviously we heard there was the 21 company 21 capital that was going to be the counter one
and we got news today that David Bailey this Nakamoto Holdings will raise 710 million to be
and then merge with a spa kindly MD to establish another company with a Bitcoin treasury David
Bailey is Bitcoin magazine Yeah Yeah Okay It just doesn’t stop Speaking of accumulation by
corporates today and what is coming this week well today just before the stream we got news
that Sailor in $1.3 billion What a Chad What a Chad What an absolute giga chad Cuz last week’s
was last week’s as you said was pretty small was very small indeed but it still didn’t stop
him And I think he’s just going out again even more Um and uh so that’s what’s the kickoff
the week It’s good to see Um and now of course what’s coming this week in terms of data We’ve
got the CPI numbers tomorrow Very important to keep an eye on that If they come in cooler than
expected uh we could see uh we could obviously see the markets rally hoping that there will be
some some rate cuts The June probabilities adjust Um expect a solid pump if they do come in cooler
which we’ll get to in terms of the dates to watch And then of course we got news today of a pause on
tariffs for China This is what caused the markets to rally a lot Um and this is paused for both the
US and China for 90 days So we got a 90 days of breathing room to enjoy Yes All on that is that
I think what what was it we had a 30-day pause when Trump after Trump sort of first announced
the tariffs didn’t he there was then a 30-day pause prior to Liberation Day And all I’ll say is
that 30-day pause went down very quickly That was for Canada and Mexico Yeah that went very quickly
Yeah So this 90-day pause although it’s good news you know it’s still kind of a pause and those
those three months will absolutely fly by So very quickly So make the most while you can Yeah
Well okay No don’t take I mean it depends what happens man You don’t know It could be it could
potentially long lasting deals Who knows we shall see Yeah I mean that the the hope is obviously
that uh you know the pause won’t be necessary and some and that gives all parties sort of breathing
room to negotiate a proper deal but um yeah it’s it’s worth pointing out that nothing is set in
stone yet Nothing indeed Um anyways I mean we’re about 20 minutes away from the US market open
but you can take a look at the pre-market futures what they’re showing It’s bullish out there It’s
bullish out there for stocks Obviously um they the Bitcoin ran stocks beforehand because it was the
only thing that was tradable over the weekend and this morning uh well apart from international
equities so this could potentially portend we could see ETF flows It’ll be interesting to see
what ETF flows on Bitcoin side come in today on the as the trading day starts Yeah Yeah Um okay
Would you like a sentiment checks and stuff uh yeah Well just in the comments Oh what are the
comments then the comments are the comments are looking pretty good as you can imagine People are
people are in bullish mode Um Jim Invest 78 says a wonderful start to the new week Oh wow How about
that um Jalon Future says guy looked like he just came from the beach Maybe I did How do you know
how do you know what I’ve been up to prior to the stream um also Jim Invest 78 says now this is
something this is a number I can get on board with Coin Bureau main channel to 3 million subscribers
within 2025 You guys can help with that number by just share this video with all your friends Yeah
spread the word Spread the word That’s that will be a signal that crypto market is back Yeah Um
just quickly finishing off on the Bitcoin side Obviously what’s happening this week i’ll show you
a quick three charts and then we’ll move on Um one of them is overnight we did open a CME gap which
means we could potentially come back to close that Indeed we are slightly at that level now at the
top level So watch Bitcoin potentially go in to close that gap before going higher On the weekly
we also have a bullish uh MACD crossover um that we’ve had just had which could potentially put
in future gains as we’ve seen in prior cycles in the past few years And then uh we also have
on the daily we could potentially go towards a golden crossover from and this is a golden
cross um where the shorter term moving average can pass over the longer term the 50 versus the
the 200 day And we’re also above well above our bull market support band So it’s looking good
Numbers are looking good Shots are looking good But of course if you guys want a daybyday trade
by trade playbyplay I will refer you to the Coinb trading channel right over here in the top right
You can scan the QR code Dan’s got a video out there right now Aaron’s got a video where he said
“This signal tells me ETH BTC will pump.” So yeah three days ago man Aaron’s got it on Aaron is
Aaron’s got the man There we go Okay Um so yes generally sorry I came in with the I came in
with the sentiment You were so keen to get the sentiments You couldn’t even care about the price
charts guy I mean stop talking Let’s let’s see what the people in the comments say I know you’ve
got all this cutting edge research I spend my time bro My charts my precious charts Um yeah as I
said generally very positive sentiment over in the comments as well Now folks don’t forget also
to hit the like button give us a thumbs up ring the bell as well if that’s how you choose to live
your life And you can subscribe as well if you’re not already subscribed Um but we would hope that
you already are Um now I tell you what I’ve got a deal for you If we get to should we say 1,000
likes on this stream well it’s you who’s sharing the alpha guy I would assume So you get to side
how many likes 1,000 1,000 it is Okay So uh over the last few days I’ve made a few portfolio
adjustments Um and I will I shared those with uh Coin Bureau Club members in the Coin Bureau
Club Discord Um but I would be very happy to share it with you fine people if we get to 1,000 likes
on this screen so stream I should say So pound that like I’m also dying to find out guys I’m
dying to find out if he’s finally dumped his ETH bags So please fill up those likes guys Let’s get
to the thousand subs 000 likes and 1,000 subs as well Why not yeah Brilliant Okay so let’s move on
Ah yes It’s time to talk about Ethereum Yes Quiet Nick Stop talking about Bitcoin Let’s talk about
Ethereum We’ve been waiting a long time guy And we’ve got a perfect meme to describe it Let’s put
it up guys Let’s put it up It’s It’s been has been It does feel like that It does You Your hopes were
at the bottom of the ocean akin to the Titanic and they were finally lifted by the green candles
over the weekend Yeah So yes In case you’ve been living under a rock uh Ethereum staged ETH staged
something of a comeback uh over the last few days outperforming BTC and a lot else uh besides Um and
yeah generally spreading a lot of really lifting the mood of a lot of people in the crypto space
yours truly included Um so what we’re going to talk about now is what caused this pump Um there
are a few factors that I think that we need to that we need to include that we need to talk about
and what comes next and is this pump sustainable yep indeed So um the pump came um it was an insane
20% candle Many described it potentially as a turning point postra Um we can show you a picture
of the chart there Uh it’s pretty insane Um and uh the rally was fueled by large volumes of spot
buying and as well as a big short squeeze In fact um the the price spike already wiped out roughly
328 million in ETH short liquidations and it was the biggest ETH short liquidation event since
early 2023 So the shorts got wrecked and uh yeah and there was a lot of people who were wishing
who were who were shorting it of course and you know they got burned Um and uh yeah so it was it
was very bullish on that front and the derivatives market saw flurry of activity Futures trading
volume jumped 184% and open interest climbed 20% Yeah Yeah So yeah all in all everything
everything moving in the right direction for ETH Many do ETHs were celebrating on
Twitter as well The ETHB BTC chart over there There’s you guy I mean it’s Hey look it’s
something man It’s a candle It’s a green candle It’s a green candle Look if in doubt zoom
out All right Um Yeah that’s true Yeah but uh yes it was it was interesting to see It was well
refreshing to see a lot of uh EETs celebrating on the timeline I’ve got to say as an ETH holder
myself it it felt great Feels a little premature It see it does but you know at the end of the day
you deserve it You know you deserve it You’ve held it You hold it long enough You’ve held ETH long
enough Um but obviously uh the macro situation that lifted the entire crypto market uh is
a big player in all of this is a big reason But in case you missed it Ethereum also had a
pretty big upgrade last week Now it has to be said as far as ETH upgrades go uh this certainly
wasn’t the biggest but it did go off without a hitch The Ethereum developer team are masters
at uh implementing these hard forks Um and yeah Pectra went ahead uh pretty much flawlessly
You got to imagine though before we discuss the um the ins and outs of Petra you’ve got to
imagine that that was priced in though Yeah Don’t you think 100% I don’t think and you you can
tell by the fact that the pre price of ETH didn’t move after it actually was implemented So uh it
was just the other things that I mentioned around market dynamics But the the the upgrades were
important I think that there was a number of list of EIPs which we which we shan go into here But
the main and most important were EIP 7702 which was making wallets smarter you know better for
user onboarding and UX recover lost access to a wallet batch processes um combined activities etc
And then there was also the upgrades to staking right yeah So you can now a validator can now
stake uh a total of 24,048 ETH up from 32 That’s EIP7251 That is I mean that is certainly going
to streamline things for validators That is going to make things a lot easier Especially the big
validators Yeah Yeah Um and deposits will clear for validators in 13 minutes instead of 9 hours
Uh that’s EIP6110 Yeah shorter validator queue and then of course a layer 2 scaling the roll-ups
now get twice the cheap data space per block which of course helps users with lower fees Okay so you
know these are all helpful definitely uh and uh makes it a more usable blockchain um scaling wise
as well and then also I think they still focused on the layer 2 scaling solution or layer 2 scaling
framework but um it’s good Yeah Yeah So sort of upgrades mostly or or certainly the headline ones
like we’ve talked about um upgrades to staking also UX in general and I think that’s important
going forward Um there are more updates to come though and I I mean this is kind of good news but
also in a way I think kind of encapsulates some of the problems with Ethereum in general is that okay
there are more upgrades coming Um the next two are Fusaka and Glamsterdam by the way Um so Fusarka is
uh will come by the end of this year I think And then Glamsterdam is set for 2026 Sounds a bit more
like a Dutch Pride festival Well I mean it does It is for Ethereum so I can understand that Yep
that is true That is true Um but uh yeah I I mean I kind of feel like in a way this is great news
More upgrades coming you know more more changes presumably for the better In a way though it’s
sort of like Ethereum just you know it’s in this constant stage of evolution Yeah But maybe we need
to be you know maybe what Ethereum really needs is a sense of being a finished product Yeah Can we
It can investors really be attracted to something that is in this constant state of almost flux
in a way I mean to be fair it can never really be considered a finished product There’s always
is like Bitcoin a finished product There’s always there still you know BIPs that come through
There’s always ways to make a network stronger more efficient more resilient Um but I think that
what some of the other most important changes um and you know we’ve got a video coming by this
soon is on the foundation side because that be another big thorn in Ethereum side right yeah So
there’s been a lot of criticism of the Ethereum Foundation So for those unfamiliar this is the
Swiss nonprofit which sort of governs Ethereum’s development It doesn’t actually implement changes
It’s not in char it doesn’t actually dictate uh the changes to the Ethereum um to the Ethereum
network but it does support ecosystem development and that’s primarily through foundation grants
which it um awards to companies individuals projects whatever it might be looking to build
in the Ethereum ecosystem Um which is obviously a pretty you know a pretty large one There’s
all sorts going on Um but the foundation has been criticized by the Ethereum community Um and
I mean for if if for nothing else for his sort of habit of selling large chunks of ETH isn’t it
yeah exactly They sudden Yeah the sellers not exhausted on the foundation side Yeah So there
has been a bit of a leadership uh change with the Ethereum Foundation So we’ve now got Sway
Wang and Thomas Stunchac um have taken over as co-executive directors of the EF um and they’re
planning to introduce a sort of collaborative leadership model which is focused more on a sort
of longer term vision Yeah Um and yeah so this will obviously this will obviously focus sort of
more on you know more on Ethereum’s longerterm development things like scaling scaling the the
L1 That’s important Yeah very much very important Um better UX and interoperability across layer 2s
Yeah Um and also and I think this is one that you pointed out is is an important one Nick support
for application layer innovation Yeah More apps less infra You know I think that this is important
and you got to get apps to use your blockchain Um and I think one more point is they got this public
commitment So the the the foundation aims to be more transparent nimble and responsive focusing
on Ethereum’s mainet’s resilience and empowering the wider decentralized community Yeah Okay So
um Ethereum sort of experienced I guess if you like a kind of perfect storm Yeah Over the last
few weeks we had good news on the macro front which obviously lifted the whole market We had
the sort of tailwind of Pectra um which kind of added to the sense that Ethereum was you know was
sort of moving forward Um and we also had these changes at the foundation which seem to have been
pretty well received in the Ethereum community and I think have sort of lifted spirits there quite
a lot and record shorts Record shorts and it was everyone to be honest it was the most hated rally
I mean everyone was hating on ETH I will admit you know but it’s it’s a situation where eventually
there’s going to be something that snaps and then when you’ve get these this perfect storm of all
these variables together and a massive amount of shorts out there you’re going to get you’re going
to get the shorts wrecked and that was it Do you know Nick this reminds me of a phrase that I think
is one of the most important to have in the back of your mind if you’re in in the crypto market
Every dog has its day There we go That is true That is true Um yeah it remains to be seen whether
this rally in ETH is sustainable at the moment I obviously I think if if the macro news continues
to be good if the market overall um continues to rally then ETH should continue to perform Whether
it can continue to outperform I’m less hopeful of at this point in time I think we probably need
some more catalysts more ETH specific catalysts to kind of you know get another on the network
side right massive changes And let’s see what the new e the new foundation heads can do Absolutely
Yep Time for the wall of the of fame and shame is the boss I just love it We know there’s one more to come
though Oh Oh no Oh that’s the worst yet Eyes Oh my eyes My eyes God they bleed That is
That is truly imagine Rose with a mustache Oh Oh my god Imagine that was if Titanic
was made in 2025 Thank god it wasn’t Guy you wouldn’t throw me off of a door would you
if I was floating in the ocean No comment No comment Well it depends what you said about
ETH in the runup to that If you’d spent the entire time whilst we were floating in
the freezing sea just just going piling in on ETH again then you’d be off that
door and into the briney deep I’m afraid So you know just just bear that in mind Just
bear that in mind Lord Mo says Stillwood Hey bro it’s Man you know it’s a
two bagger bro It’s a two bag Oh god that is brilliant Oh dear Oh dear
Right take that off the screen God’s sake People are People are going to
be deserting in droves if they have to look at that any longer Um I’d rather
be the donkey from last week than a rose Oh good lord Okay Walls of fame and shame Whoever
I think wall of shame whoever came up with that image which one which one of you is responsible
oh dear God Okay so the wall of shame which as you see obviously now has Dave Portoy immortalized
on it forever more Nick tell us about this story Unbelievable story I mean how far how much how
far will you go back so this zero bro he’s the developer of Zerbro It’s Rebro whatever And um
this is obviously a memecoin on Salana I think or AI of AI focused meme of some description And
um last week the there was news that apparently he had um committed suicide on live stream
and uh in in true crypto form they started a memecoin in commemoration of him that pumped
subsequent to those standard standard procedure Um anyways uh and there was obviously there was
also an obituary for him in a newspaper in in San Francisco apparently and many on crypto Twitter
rallied behind him saying these are the stresses that these memecoin creators face potentially
and uh we should commiserate with him and all that Well there sort of devs in general devs in
general Yeah there is stresses and that’s true there are and this would have been the case
However subsequent to this uh the wallets for the Zerbro wallet started moving Uh some of the
coins started moving which is kind of interesting given unless he’s taken his Phantom with him
to the afterlife Um and then it subsequently apparently some some reporters in San Fran went
to his parents’ house and they spotted him So and they they and he he Yeah So essentially he faked
his own death apparently um to try and execute a rugpool of some description or whatever the case
is right and uh yeah Wow I mean talk talk about rock bottom for the cryp for the memecoin sector
This is this is definitely an only in crypto sort of vibe isn’t it What I want to know is what was
the long-term plan here i mean yeah I mean imagine you pitched up at school again and your friends
like what what’s going on dude what yeah So it’s like was was the plan just to sort of dis I don’t
think there was a plan There was no plan I don’t think I mean he was a he’s a young de what like
20 or something He’s just short term but you’re assuming that there are plans long-term plans in
crypto and memecoins especially The chance of a plan more than a month old in memecoin space is
very very optimistic Well all say Nick um I think I think we can both agree that we’re glad he’s not
dead Um but we’re also uh in agreement that he’s an idiot Yeah What an idiot Um so wall of shame
for you sir sir Um and yeah don’t just just don’t Okay Um what about the wall of fame there are ETH
holders everywhere Ethics is a really handsome one in the bottom right there Fantastic Celebrating We
deserve this We well not we I you know you’re not an ETH You cheated yours a long time ago Um but
yes I deserve this I and other ETH holders like me Um yeah This is our moment in the sun Let’s hope
it lasts Enjoy it guys Enjoy it Enjoy it Okay Now Nick we often talk about mass adoption don’t we
mass adoption has become a bit of a meme in crypto And I think if you ask uh if you asked 100 people
what mass adoption of crypto would look like you’d probably get a hundred different answers It’s
kind of a bit of a nebulous concept at the moment But I think one way of looking at it is that mass
adoption certainly would involve crypto being very accessible to people everywhere through
a whole variety of platforms The days of you know I remember back in you know like 2017 cycle
say you know even back then opening an exchange account and funding it was still a bit dicey you
know you would you were never really sure that these things were going to work that you were ever
going to see your money again the whole space was very very new very underdeveloped Fast forward
to now less than 10 years later and everything has changed and is changing really really quickly
Crypto is becoming so much more easily available so much more accessible and so I think it’s about
time we discussed exactly how and what this is going to mean for crypto prices and for all our
bags Yeah indeed And um there are many traditional financial apps and infrastructure that is now in
integrating crypto and is helping to facilitate this mass adoption and there’s there were many of
them over the past few months but we’ve selected a few which we think are most important from
the perspective of re on boarding retail for this mass adoption and one of them was Revolute So
um Revolute is obviously a NEO bank a challenger bank in the UK that’s grown exponentially over
the past 10 years uh and uh they plan to last week we had the news of course they’ve supported
crypto for quite some time but last week we got the news that they were integrating light spark
which is a bitcoin based layer lightning network and it will allow users in the UK and select
European countries to transact very quickly using the lightning network and um it also aims
to reduce transaction fees and payment processing fees by using light sparks infrastructure and
global for global payments Yeah Yeah Revolute uh as you say big a UK based bank I think it’s
also on main in mainland Europe as well Yeah it’s yeah a big a big European fintech Okay Um
meanwhile an even an even bigger name in fintech uh a much more established name is Charles Schwab
Um now this is a US-based uh investments platform These guys have been around for a long time now
Yeah Um and it is planning to uh offer spot crypto trading Yeah To its customers Yeah Yeah And this
got got this got the market really bullish because it’s a yeah like it’s one of the biggest retail
brokerages uh in the US and uh and he confirmed the CEO Rick Worcester confirmed that the initial
focus will be on Bitcoin and Ethereum But yeah I mean if Charles Schaw Swab does open it to their
retail clients and they can buy these easily It’s just that’s millions of users there right off
the bat Yeah Yeah Yeah A hugely Yeah a hugely popular platform and and I think as well because
it’s sort of old and well established that is you know that that is important for you know people’s
idea of trusting you know I think that’s going to do wonders for the sort of image of crypto like
I think especially sort of maybe older investors more experienced investors are going to look at
this and go well if Charles Schwab are offering this stuff then it can’t be you know the scam
that so much of the mainstream media has sort of made it out of exactly let’s talk about Robin Hood
Robin Hood yeah exactly So they’ve been in they’ve offered crypto um trading for some time but what’s
really interesting about this is how much of Robin Hood’s revenue is generated from crypto as opposed
to their main business and they saw $358 million in revenue from crypto transactions in their last
quarter and I believe that was about 25% of their total revenues Yeah For Q1 this year Yeah Yeah So
yeah And this has been this has been in response to sort of overwhelming demand I think for um you
know for this from from Robin Hood’s customers and Robin Hood is an interesting one and I think
it’s interesting to put it alongside Charles Schwab because I you know as we say Schwab is much
more established I think probably sort of has an older demographic of users whereas Robin Hood
is the kind of upstart very very popular among millennials gen zed people like that So um you
know the there are different sort of markets It’s not like this is only being pitched at a younger
audience All of these fintech firms are covering a very wide um very wide sway of of investors indeed
So if we were to speculate guy in terms of the kind of tokens that could b tokens and crypto that
could benefit from this mass retail onboarding from all these apps neo banks and uh financial
services companies Which ones do you think could see that benefit well I mean we’ve seen this
is this is already apparent I think and this was very apparent in the sort of Dinocoins rally
that we saw in December and January So not only did obviously BTC well not ETH even though ETH is
is available by all these platforms because you know these these platforms always start by dipping
their toes They don’t go full DGEN they don’t sort of you know go listing obscure altcoins right
off the bat They will usually start obviously with Bitcoin and ETH and then they will dip their
toes with older and more established cryptos So the likes of Litecoin the likes of XRP the likes
of ADA the likes of Bitcoin Cash you know and it I think it’s important to highlight this sort of
gulf in in how these cryptos are perceived by the sort of wider less crypto native audience and you
know all of us trench warriors who are like well those are old cryptos you know you know there’s
so much more newer stuff out there um to a lot of people who are sort of used to tradi platforms
like you know they’re still even dinocoins are still sort of relatively cutting edge or or seem a
lot more exotic than they do to us Yeah exactly Um so yeah I think we can expect to see older cryptos
older more established cryptos do well Um but uh for instance Revolute is uh rolling out staking
uh crypto staking support for a number of uh a number of proof ofstake tokens not all of which
you’d expect So we have the likes of Ethereum um Cardano’s ADA good one Uh we also have Tezos
Tezos Tezos XTZ I mean XTZ Okay And Polka Dot Great news for the Polka Dot Maxis There we are
dot maxis So they’ll be celebrating in the streets of Polka Dot tonight Um so this is obviously
going to allow customers in the UK and the EA uh you know to earn rewards and those you know
those staking rewards go from sort of around 3% So up to about 11% Um so I think it’s probably
worth watching not only cryptos that can be staked um because remember yield is a huge is a
huge um draw for for investors of all stripes Not only cryptos that can be staked but also older
cryptos that can be staked Exactly Yeah Um and that’s Revolute but Robin Hood also in a recent
update so late April uh they their US platform now supports four additional cryptocurrencies So
that’s Salana Cardano XRP and Pepe Pepe which has been crushing it Yeah Feels good man Yeah Feels
good man Pepe holder There we go Yeah Yeah So um yeah these are the kind of apps It seems like
indeed these older narrative kind of last cycle coins could potentially see another another run
again as retail that is reactivated the older cycle retail gets reactivated They’re potentially
going to look at bidding the likes of ADA XRP etc because that’s what’s known to them and uh
as opposed to trying to dive into whatever the massive dilution of altcoins we have today is Yeah
I mean I think it’s going to be really interesting to kind of watch this evolve because on the
one hand yeah they’re they’re going to start with the more established ones They’re going to
start with these legacy cryptos if you want Um and I guess from there you know probably they’re
going to look at cryptos with higher market caps I don’t think they’re going to want to go too far
out along the risk curve but I mean eventually you know if if this proves as popular as I I think
they expect it to And it should point out as well that it’s not just the platforms that we’ve talked
about as well Someone pointed out in the comments that you know Fidelity has been offering crypto
for a long time as has PayPal as have a number of uh number of other plat legacy platforms And
of course banks are wanting to get into this as well now Um so you know sooner or later customers
users across the world are going to be able to buy crypto through their banking apps Indeed Um so I
think it’s and if it proves a success then they are going to want to to to go more exotic I think
as well My guess is that they will probably look you know to to products that have maybe more
revenue potential Yeah indeed Crypto crypto projects that are earning you know making making
money Indeed And if they are looking to move to more exotic altcoins they need to find the best
exchange to do that And I can’t think of a better one than Binance our first brand partner So if
you can scan that QR code over there on the screen guys that will take you to a page where you can
if you don’t have a Binance account yet you can sign up and you’d get a 20% trading fee discount
for life as well as a $600 bonus And this is only exclusively for viewers of the Coin Bureau You
and if you scan that QR code over there Mhm And then of course once you’ve bought your exotic
old coin of choice you’ll want to secure it on a Ledger Yes indeed Uh also if you scan this QR
code here uh Ledger will also um and you buy one of these new Ledger devices using that uh you will
also get a $10 gift card worth of BTC that you can load it up with Yeah Yeah Um I should also
point out as well uh Ledger is um we’ve talked about this a little bit before but Ledger has
this clear signing feature on these new devices with the larger screen So so important This is a
really good innovation because this will make it exponentially easier to double check the address
that you’re sending to and to double check that you’re not sending to a scam address or anything
like that as well as because it’s clear sign and I think this is the innovation they released a few
weeks ago or a few months ago which potentially could have helped with that bi attack because it
wasn’t just a a hashes and it was an actual clear sign So yeah and then another shout out to our our
third brand partner that’s Arkham Intelligence Now this is of course the premier onchain tracking
tool who’s got a US-based exchange if you would want to sign up there and you can’t access Binance
Um and uh what I will also point out is they’ve given us some alpha on things that happened last
week uh on their dashboard that they didn’t share on their Twitter One of which was Soul Strategies
which you’ll guys we’ve done videos on It’s this company that’s doing the micro strategy playbook
with Salana And this basically was a movement of them accumulating 122,524 soul and that was the
initial tranch over there Okay Um there was also an announcement Do you remember I layer Nick i
layer the name rings a bell Yeah rings a bell Oh yes The inter subjective work token Yeah I can’t I
can’t believe it wasn’t on the tip of your tongue Um yes I layer uh sends $20 million of IGEN tokens
to Coinbase Prime Deposit Interesting What are they going to do with that what are they going to
do at Coinbase Prime Deposit nothing to see here I’m sure Okay let’s now have a look at the top
performing cryptos from last week Yep So we’ll start off with it’s mostly meme coins guys mean
coins and and a and a MLM scheme which is what which is says a lot about the crypto space But
the first one is whiff dog with hat Um so this is a popular memecoin in the memecoin trader sector
Anom is apparently posting about it Um there we go There we are Stays on Yeah And then the next one
guy Yep So next up is Pi Now this has been I mean this came out of nowhere and is now I think number
15 by market cap It has actually sold off a lot uh in the last hour or so but uh it’s still a
top gainer from last week So this is the crypto that can be mined on a phone Um apparently has a
huge user mind Yeah You’re so cynical So cynical I’m just saying bro have you have you done the
research on that i don’t know bro Mind you you So this is apparently huge in Asia in particular Now
yeah it has come under criticism for using sort of MLM style mechanics to gain users Um I think you
know in order to mine it on your phone you have to have a referral code and you get you know I
think you mine more if you have more referrals etc Obviously people in crypto are kind of
wise to the whole MLM thing So it it’s it’s not the best look However they do seem to have
a lot of users like millions of users They do seem to be building a big community I’ve seen a
few questions about it in the comments actually um as to why it’s pumping or had or did pump last
week I think there is an ecosystem announcement being teased for this week for weddednesday
I think um maybe that’s open mainet We don’t know Uh so that I think bringing out a more
efficient minor maybe maybe Nick it’s almost like it’s almost like you don’t believe you don’t
believe in it A man okay guy I I you know fine I believe I believe All right Next up speaking of
belief we have Pepe Hooray I say this as a as a proud Pepe holder Um I don’t think there’s
a clear I can’t find a clear reason why Pepe is pumped Maybe an Ethereum beta play Um but of
the of the sort of larger meme coins it does have uh a lot of top tier exchange listings Coinbase
Robin Hood Up Koreans There we go Yeah Sick So it’s sort of one of the more accessible uh sub
onecent memes if you like Yeah Um what’s next next one Uh SPX6900 Uh Murada has his own YouTube
channel now does he his resort There we go man So he does He does man Two 2.2K subs Yeah I mean
um well I assume he’s just out there chilling um SPX right it is his biggest bag He still holds it
you know I love the I love his conviction I mean you know he hasn’t he’s hold he’s held all the
way down and he’s held it up again So he’s he’s talking his book He admits he’s talking his book
but you know he’s holding Yeah good for him He’s not rugging his community at least Let’s see Let’s
see We wish him well Um okay And uh finally on the list of top gainers it’s Faky Look I I mean
I you know I It’s memes okay it’s all memes I can’t find a reason why Faky is pumped It’s just
me Dog memes is Dog Me and Pepe So yeah two dog memes and Pepe Two dog memes and two dogs and a
frog and SPX6900 I will mention there were many others under the top 100 that were that gained
memes but they’re not in the top 100 so they weren’t covered There we are There we are Okay
Uh now let’s have a look at some tweets of the week All right First up is this one from NT Money
Uh oh this is Nick Tamino Okay Um TLDDR Nick he’s making a very convinced trial He’s trying to
make a convincing case for ETH now that he’s he’s rolling out the old ETH flipping BTC meme What
yeah legit He’s making trying to make the case for it Now what I will say guy is may God give me
the confidence of an ETH Maxi who’s coming out now and saying after one green candle on the BTC on
the BTC ETH chart that it’s going to flip it If I had that confidence man that confidence itself is
enough to power ETH boss milk That confidence God give me that confidence Yeah I Yeah I’ve got
to say like it it’s it is a little premature I think to start talking about the comments the
comments are pretty hilarious as well Yeah Yeah there are some good uh good comments on that tweet
Yeah I mean I think that I think the debate over whether something will flip ETH is is still kind
of much more relevant at the moment than uh than the possibility of ETH flipping BTC So let’s not
get ahead of ourselves guys Let’s not Exactly And speaking of this ETH of ETH holders coming out
and making predictions um here’s an ETH holder who’s come out Oh good grief He’s many years
years of holding those heavy ETH bags have made him you know damaged his posture and all that
The albatross across his neck weighed hundreds of tons Ethereum Ethereum has had its best week
in in god knows how long and you are still poking fun at it now Or maybe poking fun at people who
hold it I mean it’s just a it’s a funny meme I’m sorry A little known fact but actually holding
ETH for a long time does turn your feet orange Let’s see what people Well I’ve got my shoes on
You see that if I was to take them off the orange the orange glow would be would be blinding Um
not a lot of people know that All right Uh next up we have this one Oh Coin Oh I can’t stand
those guys Terrible terrible account Um this is big news Uh Coinbase um is going has agreed
to buy Derbit the options the options platform uh for 2.9 billion Big news Yeah First of all
it’s the biggest crypto M&A transaction ever Secondly very good strategic move from Coinbase
because they now have access or they have the user base of the biggest options exchange I think
Derbit had about 80 to 90% of the crypto options market share So and also expansion um you know
internationally outside of the US So good move by Coinbase Yeah And I mean it just we we seem to be
in kind of crypto M&A season don’t we because well we had that uh we had that acquisition of Bridge
by Stripe uh Bridge being the um the stable coin platform that was a few months ago We also had uh
Ripple acquiring was it Hidden Road hidden Road Yep Prime Broker Um and yeah Ninja Trader Kraken
Kraken and Ninja Trader Yeah So we we’re we’re in this interesting stage where we’re getting all
these acquisitions And what’s interesting about this is as well that it seems as though we’ve got
Tradfi platforms coming into crypto but we’ve also got crypto platforms sort of moving into Tradfire
as well Kraken is is offering uh stock trading now and it seems like a lot of these crypto
platforms whether they’re sort of going into Tradfire or whatever are very much expanding
their operations Um so this is a big sort of point you know it seems like the industry is is
in a is in an interesting phase in in that regard Um okay And we also have this tweet of the
week from Sammy Retail is coming There’s been a spike in Google search trends for
Ethereum rather than Ethereum Yes maybe we’re getting ahead of ourselves Um because
most people can’t spell Ethereum That’s true That’s the kind of retail we need The kind of
retail that’s going to bid the wrong ticker Do you know I um I I do occasionally I I do
occasionally hear sort of people non-crypto people talking about crypto and obviously you know
everyone knows talks about Bitcoin and stuff but you do occasionally hear them talk about others
and it is quite funny to hear some of the I’ve heard them talk about ariththreium before
really etherum I think so I remember one I remember listening to some earnest discussion
between two non-crypto people and they were talking about Ethereum for like quite a lot How
I guys probably sitting in the corner He’s like “I can’t Please don’t don’t I’m I’m Please
don’t say that anymore I’m going to have to go up and say “Excuse me sir Can we just get
some clarifications here it’s Ethereum.” You know don’t mean to disturb Just tweet the CA bro
Okay Uh Nick some coins to watch Anything to keep a lookout for yeah Uh two I would say the 14th of
May two days we’ve got this is interesting say uh they’ve got this SIP 3 discussion and this is a
proposal basically ending support for Cosmos and making it a pure EVM chain to reduce complexity
and infrastructure overhead and of course boost SE’s adoption So this is pretty interesting It’s
so we’ll see if this goes ahead I think doubling down on that parallelized EVM play I say Yeah
Yeah Okay Um and we’ve also got ah Pith network must most godly of unlocks That is I mean that is
a beast Just look at that man So it’s what 50 50 58% of circulating supply So yeah that’s heavy I
mean to be fair um a lot of it is ecosystem growth and that kind of stuff but it’s still it’s still a
big unlocker One does wonder though how much of it is already reflected in the price and given the
performance of Pith most recently one would say a lot Well yeah I mean these unlocks the the price
action tends to now come before the unlock itself doesn’t it look as as a Pith holder as a longtime
Pith holder I’ve told you haven’t I i think I’ve said on this stream before I think I get more
questions about Pith than any other altcoin holder That’s crazy man Yeah It’s interesting though Yeah
it’s it’s a fascinating project I mean it is Yeah because if you think about it Pith itself is on
Oracle network It supports so many uh protocols so many networks um so so many price feeds but
the to unlocked any sort of value for the token per se yet apart from governance right yeah we’re
still waiting but as a Pith holder I say just rip that band-aid off get those get those tokens in
circulation and let’s go on from here All right Uh some dates for the diary Uh tomorrow May 13th
US CPI print as mentioned very important CPI print uh previous was 2.4% expected is 2.3% If we come
in below expectations expect the markets to rally Mhm And then Wednesday day after initial jobless
claims uh 228K was the previous number and 227K is to be expected Okay Okay Some delicious data
there All right Can someone on the production team update me on the likes situation 850 850 We’re 150
likes away from me sharing the portfolio updates We need to find this Can we Can we Can we pull
those 150 likes hammer it Hammer it Hammer it Um let’s have a look at what people are saying in
the comments Generally uh morale seems pretty high there Um took you through a uh a few of them Um
someone saying “Guy could you file a report with the local authorities for lost persons i can’t
seem to find the ETH haters They’ve gone missing Did they flee to the land of tariff penguins
well there’s one here I’m not a hater I mean it’s just funny It’s memeable right it’s fun I
mean poking fun at it Like I mean I I I wasn’t short thankfully I closed my shorts before that
thankfully cuz I did have some on the week before Uh but uh yeah I mean everyone des every dog has
its day Everyone deserves a rally and a pump And at the end of the day we all want crypto community
right no one ever wishes for anything bad you know any ecosystem to have trouble Mhm And uh you know
poke fun at guy but you know you deserved it so well done Absolutely Absolutely Okay Um Agugustino
Sarah says this is in relation to Micro Strategy and the Giga Chad Sailor Not sure if having just
a few players buying all the Bitcoin is a good thing Yeah that’s true Always agree with Always
agree with that take Um I agree with this take as well Not sure Uh Nick looking like a surf bum He
should complete that look by removing that shirt Actually I don’t agree with that second part His
shirt stays on The hat stays on The shirt stays on Unless for the Oh we’ve got to the likes Okay Okay
Just All right Um uh Loco Montana says “Uh Guy can you read this brother?” Yes I’m not illiterate
I may be an ETH holder but I’m not illiterate Um lots of comments on that uh on that Titanic Uh
oh my god I I really think I really think you’ve triggered a few people there and not in a good way
Good We should have a display We should have like an NSN not safe for work disc going forward That
one deserved a not safe for work We definitely need an NSFW We’re going to do something like
that again Um Cranator Cranskinator wants an update on core wars We are actually preparing
a video on this at the moment on the whole OP return thing in Bitcoin Um we’ve been digging
into that So Cranonator it is coming Patience my friend Patience Um uh Robelsman 17 says this is
a comment on Revolute Revolute is crazy good for crypto I prefer it over Binance Great for crypto
infiltration in Europe Yeah I think it’s got a lot e a lot easier for fiat onboarding right uh if
you think about funding it from your you’ve got fiat on your Revolute app that you use all the
day all the time and you just quickly buy some crypto So it’s a lot easier to access from just
one platform Yeah Uh no way Jose says “Is XRP the next Bitcoin?” No No Um No way Jose No way Jose No
way Jose Um uh a big question from Mike Ria Tony Uh is Nick from South Africa or Australia oh god
what do we know what do we know guys where could I be from tibo says he sounds like an Australian to
me God that’s the worst insult I’ve had today Yeah criy mate Oh mate What’s going on there um and uh
Crypto AI says Nick was late for the live and just uh went in his pajamas They’re comfortable guys
I’m trying to be comfortable I mean I mix it up for you guys okay sometimes I wear suits sometimes
I wear He dresses He dresses for comfort folks And there’s nothing any of us can do about it We’ve
tried Okay So I said uh if we got to uh if we got to the requisite number of likes I would fill you
guys in on the portfolio adjustments that I made over the weekend So uh or over the last few days
So uh I’ve been selling but what I want to call it is de-risking because d-risking de-risking
because I kind of felt that the rally we had at the end of last year and the beginning of this
year turned out to be very short-lived and in the wake of that I said to myself I do not want to be
caught out if you know if another rally doesn’t last very long So I decided to take some profits
on a number of positions I did sell a bit of ETH Okay I didn’t sell all my ETH but I did sell a
bit Okay Um I’ve sold it into stables specifically USDE Okay So you’re earning you’re earning some
yield on it Yeah So I’ve decided to uh stake some of that USDE on Athena Okay Now we’ve covered
Athena in a video before It is a fascinating project Obviously I’m not staking all of my dry
powder there Um and I wouldn’t advise anyone to put all their eggs in one basket in that way The
yield on Athena is about 5% at the moment which is not spectacular but I kind of feel it’s better
than just having crypto sitting in your wallet So um so I sold some ETH Mhm I took uh I also took
some profits on Sooie Okay that’s interesting Now this doesn’t mean that I am no longer bullish on
Suie Quite the opposite I am still very bullish on Suie but I was sitting on some good profits from
it and I thought I need to take some of this off the table if if you know just for peace of mind if
nothing else Yeah I also sold some uh Vader Vader AI by Virtual Little bit more a little bit more of
an eccentric How down were you on that i was I was up on it but I went I was very upound that thing
I roundt tripped it big time Uh but I did sell it in profit Yeah Um so uh yeah I’m pleased with that
I also sold a bit of Pepe and a bit of Bonk Both in profit Not quite as much as not as much but I
just wanted to derisk So yeah So I’m kind of I’ve I’ve increased my stable allocation Some of that
is earning yield on Athena Some of it is kind of sitting on the sidelines looking I I don’t think
I’m going to go back into any of the projects that I sold out of even though like I say I’m still
bullish very bullish on the likes of Suie I’m not going to buy any more Um but I’m certainly
going to hodddle you know for for a bit longer uh on those Um so how much of the port is in
stables i’d say probably somewhere between three and 4% Okay Right now Got it Got it Um so
obviously still very Bitcoin heavy Um but yeah I thought I just thought I have to take something
off the table for peace of mind I don’t I’ll be as happy as anyone else if it rips higher Um because
profit is profit at the end of the day That’s true Um and uh yeah I felt it felt good Well if you
guys want to see not only my port guys portfolio my portfolio and the rest of the team’s portfolio
as well as our watch list and what things we’re thinking about buying because I think I updated
mine two three days ago as well Then you should become a member of the coin bureau club which is
linked to down below There’s the link as well Head over there sign up and check out what we got going
on Obviously the portfolio portfolio is only one section We’ve got the members Discord you know
so that’s got a lot of alpha as well into right before the mega pump Yeah Listen um I name that I
can’t pronounce I would be absolutely delighted if that happens Trust me no one would be happier than
I would Okay All right Good to see you Nick You too man Another great stream Thank you everyone
for joining Let’s hope the green candles continue We will of course be back next week to dissect
whatever action has happened over the next seven days It’s going to be a lot of fun Hold on tight
See you next week Alltime high next week Let’s go guys Hopefully This one was legendary Laugh so
hard with comment section Best crypto channel ever Always worth staying up for best show
of the week Thank you guys for the great show As per usual put him on the wall Thanks
fellas You guys are great Hey guy looking swag there It must be nice to have so much fun
at work Thanks fellas You guys are great Hey guy look at swag there It must
be nice to have so much fun at work That was a great stream Eevee And I
I I know you’re happy because you you’ve got your you got your ETH profits but
if you want to evolve you’re going to have to dump that ETH right you got
to if you want to evolve to a better Pokemon you’re going to have to move on
up right so you’re going to have to Eevee
