Episode Details

A New Era for U.S. Regulations | Roundup
7/5/2024
Bell Curve β†—

Key Insights

Bullish:

  • 🟒 $BTC - Various speakers express strong bullish sentiments on Bitcoin, citing factors such as integration into the banking system, ETF inflows, and the unique rate cut cycle.
    • β€œI think you're gonna see short terms and very tactical wins by companies that can get integrated into the banking system... I think crypto does really, really well.” - Vance (0:00)
    • β€œThe way we know that we're in a bull market is because we have 20%, 25% draw downs... The bull trend is unaffected.” - Michael (0:00)
    • β€œI think, like, the next 6 months, the back half of this year... I'm just feeling good about it.” - Vance (0:00)
    • β€œThe setup is there. That this is the last thing I'll say is, like, you if you live another 100 years, you'd never lived through another rate cut cycle like this. Like, this is what we play for.” - Vance (0:00)
    • β€œI think you kinda see this turn turn into a favored trade, which is then kind of put on by people who are trading markets around it. So more ETF inflows, things like that.” - Vance (0:00)
    • β€œThe biggest buyer of these tokens is gonna be the tokens themselves. As they generate revenue and buy these tokens on market, they're gonna be the biggest buyer and they're gonna be the biggest owner of these tokens over time.” - Michael (0:00)
    • β€œI think just, like, more of 2024 to 2028 starting to take shape in a real way... I think his White House is gonna be staffed by a lot more talented people.” - Vance (0:00)πŸ”’
    • β€œI think what you're gonna see from crypto is, like, there will be a long term, effect of just, like, lowering the temperature around getting entrepreneurs into crypto.” - Vance (0:00)πŸ”’
    • β€œI think you're gonna see various industries take advantages from others just under a Trump administration... And I think crypto does really, really well.” - Vance (0:00)πŸ”’
    • β€œThe the way that you know that you're in a bull market is that you have these massive pullbacks, and those are great opportunities to be buying.” - Michael (0:00)πŸ”’
    • β€œI think the other thing is, like, we're still getting through all these Mt. Gox and German government points... ETH does not have this problem.” - Vance (0:00)πŸ”’
    • β€œI think people are disgusted with the old price action. I think disgust is basically how I would characterize it. I think I mean, that has to be close to a sentiment low.” - Vance (0:00)πŸ”’

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