I would say the biggest question from central banks is what is the role of tokenization and digitization. >> A lot is happening in crypto today as Black Rockck dives deeper into the Ethereum ecosystem. >> I think it's a function of liquidity, transparency, the role of Ethereum as a blockchain can grow dramatically.CZ is on a mainstream podcast run >> and I said, you know, it would be great if I actually could prove that you could buy real estate with Bitcoin. >> Now that piece of land is a billion dollars, ...

If you're focused upon the price dynamics of Bitcoin, I think it's much more interesting to look at what the banks do because as the large banks roll out credit against BTC and you and you see a lot of enthusiasm from City, from Schwab, from JP Morgan, from BNY Melon, uh, etc. As they roll out credit, they're going to negate the miners influence by a factor of 10. Also, the embrace of large Wall Street firms, the roll out of the next Black Rockck Bitcoin income fund is going to have a big impact. And of cou ...

I actually think there's a reasonable chance we saw the bottom last week at 60,000 and there's a couple of reasons for that. >> I'm buying. >> Buying just buying.>> Pumped. >> Okay. >> I didn't think I was going to get another at bat like this.>> Bitcoin is starting to emerge as an asset that can be used as collateral. >> So much is happening with crypto in the last 24 hours, including financial giant Goldman Sachs disclosing they hold billions of dollars worth of crypto. This was part of their 13F holdings ...

Bitcoin at $1 million. Inevitable or impossible. >> Inevitable.>> When. >> Probably within a decade. >> Now is the time to be paying attention.>> My take is this is not a one specific thing move. I think there are six or seven factors that are contributing to this all at once. >> A lot of different pieces of news to update you on today.>> Banks are perfectly able to serve crypto customers. >> If you hold crypto, this affects you. What I believe is that both Bitcoin and stable coins are going to be the money ...

In the previous cycle 17 and 21, we got to two times fair value. In 17, the fair value was 10. We got to 20.In 21, fair value was 32. We got to 69. When you're two times above fair value, you're going to fall at least 50.But the problem is when you're falling, you pick up speed. You crash right through the floor. And you know, we went down 84% and 75%.This time we only got to 126. At the time the fair value was closer to 90, 33% above fair value. So we don't have to fall as far and so we probably aren't goi ...

You I'm probably going to have, you know, the black hat show up when I say this, but you everyone thinks the president is our friend. >> Bitcoin is going to the moon. As we say, it's going to the moon.Meaning our collective friend in crypto. He's not. He He's just not. He He is definitely not.>> You know, I'm a big crypto person. I'm the one that probably helped crypto more than anybody. >> He He has a whole different agenda.>> It's impossible to proceed without it. We have to get this Clarity Act across th ...

But what's interesting about this period is the big three have been identified and those are Bitcoin, Ether and Salana. >> The crypto market is being manipulated right now. Bitcoin consolidating at 69,420 while Ethereum is being adopted in droves with Wales buying Bitcoin like never before.The cryptocurrency market is at extreme fear right now in the fear and greed index. Six is just one away from five. Five being the lowest reading in history.August 2019 over 6 years ago. The last time there was this much ...

I don't think the the disaster in Bitcoin is over yet. I think most of it is. >> There does seem to be a confluence of factors driving prices lower.>> There's been a growing incidence of what we call ramping and dumping. >> The Bitcoin price showing signs of life again, up almost 20% since the monster crash yesterday, which took us to just above that 200E moving average. And we're seeing predictions that it could be as much as a 70% pullback from alltime highs.>> But I wouldn't be surprised if we saw Bitcoi ...

a suppression. We have not seen four straight months of red in a row since the bare market of 2018. If this time is not different and we are in a standard bare market which topped at $125,000 BTC and technically started when we dropped under here the 50we moving average then we can expect the Bitcoin price over the next 12 months after the all-time highs. A standard bare market would take us to this 200E moving average which today is around $58,000.Even though I would point to Bitcoin crashed to the exact s ...

I think the crypto market has taken it much worse than we expected. >> My recommendation is a smaller balance sheet. >> We can get to 40,000 40,000.>> Um why the cryptocurrency market is getting absurd as we get several different reasons why the crypto market is crashing. >> Generally speaking, a Bitcoin winner is 12 to 18 months long. And these are well understood technical features.So at 76,000 from 125,000 which was the peak, we can get to 40,000. In fact, we're one, two, three, four straight months of r ...