CIRCLE STOCKS PUMPS, TRUMP WAITING ON IRAN ACTION, FED TO WAIT & SEE - podcast episode cover

CIRCLE STOCKS PUMPS, TRUMP WAITING ON IRAN ACTION, FED TO WAIT & SEE

Jun 19, 202553 minSeason 5Ep. 6
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Episode description

Crypto volatile as Israel-Iran strikes continue. Circle stock pumps on GENIUS Act passing. Crypto is future, and we’ll own it: Trump. Trump urges House to pass GENIUS Act. Ohio exempts BTC payments under $200 from taxes. Stablecoin market cap exceeds $250bn. CryptoCom, Deribit to accept BUIDL as collateral. Coinbase to allow USDC to be used as collateral. ‘Coinbase Payments’ launched, stock pops. SOL Strategies to go public in the US. Lion Group raises $600m for HYPE treasury. Jump Trading plans reentry into crypto. Brokerage FalconX in talks for IPO.

Transcript

Yo-yo, what up? What up? Good morning. Good morning GMG. Thursday, June 19th, 2025. Look at that. Another beautiful day that had a beautiful day. I got my coast in the house. Tyler, Tyler. Tyler Tyler, good morning. How you doing today? Doing good. It's it's a little bit of a weird day here with the the random holiday. I feel like we're still not used to to Juneteenth and it's just kind of like on a random day in the middle of the week. Markets are closed. No one was even expecting it.

So feels like it might be a a slower day, but let's see. Yeah, that is, it's true. I I honestly had forgotten. I didn't know it was a holiday and and then I realized, wait, the markets are closed. Wait, it's the holiday. But we had already. That's why I planned the show yesterday. And I was like, oh, wait. And I got told this morning, but we may as well run with it. We don't have to. We don't have to keep it too long anyways. So we'll keep it.

We'll keep it to the market, we'll keep it to today's topics, we'll keep it to myriad V2V3. Sorry, it's season 2 if you want to talk about that. Couldn't really talk about it. Yes, it was. It would have been useless anyways. So now that all the launches are out, so that needs some good stuff to talk to you guys about today. We're of course, we're going to do a giveaway at the end of the show, which is probably going to

be a little shorter. We'll give you guys a code and then you guys will be able to participate in this. And then as usual, this show is powered by Wallet connect. Wallet Connect is a connectivity network shaping the future of on chain UX. If you've connected to Web 3 app, you've seen wallet connect double logo. It's everywhere and I can't trust in crypto is recognizable as visa. Check out. Want to learn more follow Wallet Connect on X and Telegram to

stay ahead of what's next. But also we are also sponsored by Kraken. Kraken Pro gives attractive, sorry active traders exactly what they need deep liquidity, full customization and 350 plus trading pairs. Build your own layout with drag and drop modules and trade seamlessly cross desktop or mobile. Go to pro.kraken.com and trade without trade-offs. Just a reminder that we are live on Kik. Check us out at D Jans live, DEGENZ live.

You are going to be able to catch us Monday to Friday, 5 days a week on there plus some bonuses. We have rack radio on there. We have underexposed and you know Sam streams on there. We're going to be streaming on there. So overall it's a great channel to get to get everything you need on there. I'm going to post a link in a second, but anyways, Tyler looks like it may be just you and I today.

So let's let's keep it at topics a little bit of market and then get through it. NFT and crypto analysis. Tyler T on FOMO our cause the kid can't. Yeah, folks, crypto majors are chopping here this morning after what was a relatively uneventful FOMC yesterday afternoon. We've got Bitcoin hanging out, 104.5 ETH down half a percent. 2515 sold down 1% at 1:44 with majors chopping, though there were still some big alt movers. So Arrow Aerodrome was up 18%. I believe it's up 70% in the week.

Say was up 10%. And then a couple of those Solana ecosystem tokens, Ray and Gito, both up 8 to 10%. So some interesting moves in alts, but that pales in comparison to the moves in equities folks. Circle stock jumped 33% to $200 a share yesterday on the back of the Genius Act passing the Senate. So a huge move, but it wasn't alone.

Coinbase stock jumped 16% yesterday on the back of that Genius Act, as well as the debut of their Coinbase payments, a new base based stack enabling seamless 24/7 USDC merchant payments and integration with Shopify. So that was big news. We'll dig into it here in a minute. More crypto companies are eyeing the Circle IPO and preparing themselves for the latest crypto prime brokerage, Falcon X. They are now in preliminary discussions to IPO, perhaps in 2025.

In other headlines, the Bank of England is looking to propose new crypto restrictions by next year, limiting banks crypto exposure and likely capping at 1% of assets. So Europe continues to move the wrong way with respect to crypto. Not a huge jock for the for the

crypto fly over zone. Polygon Co founder Jordy Bailina announced yesterday that he and the core ZKEVM team have spun out into a new independent project called Zisk where they're looking to build open source low latency ZKVM infra. Kucoin Kucoin. They're going to start charging these dormancy fees on inactive accounts. They don't have KYC on them. They also said basically anyone who's in restricted zones, USA or China, you're not going to be able to do it. So just take your assets off.

So I thought that was somewhat notable. And then Jump Crypto announced its reintroduction into the crypto space yesterday as well. So Jump is jumping back in. We got some breaking news this morning, somewhat perhaps relevant to Crypto X Twitter and now. So they're going to enable trading directly within the app here as soon as they look to build out what they're calling the Super app. So that's going to be 1 to watch in token air dropping protocol news folks.

It was a lighter day over here, but myriad still. The show launched in season 2, all new website mobile experience, 0% selfies, a new leaderboard, USD Rev share and more. So we'll dig into that more

later on in the show. In Kaido and info 5, we had open Ledger announce 50K and rewards for its top 150 Kaido yappers peak and humanity protocol also announced rewards programs and then bubble maps announced their third blockchain integration in the past month here this morning, moving over to telegrams ton, so that was somewhat notable. Rounding this out, AI market cap up 4 percent, 9 billion meme coin leaders were mostly green, but still kind of chopping up 1

to 3% across the board. This gore token was the sole meme runner of the night, jumping 15,000% to 10 million and then NMTS NMTS kind of chopping dipping as well. So not a whole lot going on over there. That's the rundown. Yeah, wow. What a rundown. Lot going on today. Amanda, good morning. How you doing? I'm doing fantastic man, always fantastic. Life is always fantastic. I love it dude, but somebody needs to make a meme with this. Fantastic.

I'll let you know, but for now, life is great. I love to hear that. I love it for you. I love it for you. By the way, this is literally the best coconut water in the world. If you ever fall. Yeah. How? You doing now? You do the again. They never answered. I sent a request. They never answered Portugal. So OK, thank you for understanding. So so we're getting there though. We're getting there, boys. I'm I'm like day six or seven, so I'll survive we're. We're catching your heat wave.

We're going to be in the 90s Fahrenheit, like everywhere in the US next week. Yeah, it's hot. I I would drink so much like coconut water if they made that. Yo me too. But like pure coconut, there's it's got to be 100% coconut or nothing. There's going to be only one. Actually. Matter of fact, baby coconuts are even healthier and better. This is baby coconuts. That's why I recommend this one. Fountain of use Coconuts Vasa. Wait, this is German?

This is German. Germany does make things, you know. What's nice about coconut water is you can just, you can just charge absurd prices for it. Vanessa can. So you can bake in so much margin. Yeah, yeah, yeah. I mean, yeah. I mean, I probably paid so much for this. It was in like an organic store on top of that. Like I'm probably in for like 4 year old fucking can but I need electrolytes because I've lost a lot of electrolytes the last 5-6 days so I need to recover

anyways. What are we gonna start? Like it's just maybe the FOMC recap I guess. It was non event. I didn't even clock in to listen to anything this time around. Feel like it was nothing going on. But what happened yesterday with Powell? Yes, David Pal, to be honest, it was, it was a bit of a non event. I would say that we're still heading probably to one for one rate cut later this year. But he did indicate that it was probably going to be slower growth, higher inflation, a lot

of that's down to tariffs. He's basically saying. So it does feel as though, yeah, we're talking about, yeah, we're, we're, we're talking about a non event for the next three months, I would reckon. I think we're talking about a he might Telegraph it in September that they may do something that sort of stuff. But yeah, I, we didn't, it was weirdly like, I don't know if you were following the market. I think the market barely moved, like even during its press.

Conference the only. OMC is like bam bam bam bam. It was just like, OK, went up and down a little bit, but like a very, very quiet FOMC. Like look at that, that candle versus like the day before. It's like a That doesn't feel like an FOMC day to me. You're right, like the last three or four have been insane. Like I think we cocked out of

this one. This time, like I don't think the market really wanted to sell off because it obviously it's been selling off already because of all the Iran stuff and didn't want to rally because of the Iran stuff. So then you kind of it just, it felt like very much the second fiddle to what was what was really driving the market yesterday. And and that's you saw barely, barely any sort of price action. Everything's so flat. Look at, look at the ETH. So funny, right?

It's just like that. It's been remarkably sideways for a while now. 42 days now. Yeah, it's, it's doing. I think it's still holding up relatively well. The, I think today in terms of the the geopolitics stuff, it feels like not not much happened yesterday. Like obviously continued strikes against each other, which I said would happen even if they were starting to even discuss a

ceasefire. There was a Wall Street Journal article basically saying he's he Trump has approved to strike that would happen, but has decided he's not pulled the trigger essentially. Yet then he said the Wall Street Journal has no idea what he's talking about, right? Right. I was going to get to that. Yeah. So like it feels as though, who knows? What you can tell is that like there continues to be military assets from.

And it's not just the US now the UK is also sending military assets there, including some of the big airport aircraft carriers. So I there's definitely a build up of military assets. I don't know if that's more like a threat or not. And a removal of some of the military assets from Bahrain, which should be like some of the most easy to strike if anything were to happen.

So I think it's still gearing up for this like brinkmanship and and let's see, I would say, but it does feel increasingly like Israel may just go for this alone. I don't know but. That's my read. I think every day that goes by the US does not enter. It's much less likely. So yeah. They're not going for it, I don't think. So Like I they've removed, did you guys see the Qatar air base like the empty and there's a lot, they've removed a lot of the stuff around there. Right.

But that was that would be because that would be the first things that Iran could hit. Yeah, so. Right. Like so they they've built up assets in places which are they've moved them to bases which are actually on the medium range missiles rather than on the short range because Iran has a lot more short range missiles. So Iran could just like obliterate some US air bases if this did kick off with a short range missiles.

I don't know if it, but it definitely has enough to to cause significant damage to a lot of US air bases. So all the, all the main ones are in Bahrain, Qatar. It's got a huge, I think a massive, massive aircraft base in Qatar. And most of those are now not there. There's some in Iraq and Syria as well. I don't know about those. But they've moved to bases slightly further away basically. So let's see. Yeah. Definitely some pretty much taken on but. I think it feels on hold right now.

I need to revise my prediction. I I thought the this conflict would be over, this war would be over within seven days. I think I said that a couple days ago. I don't really think that anymore. It feels like it's it's going to be dragged out longer than that. I think Israel said two weeks in the drag in two weeks, see like this is the first thing they said when they came in, they said this is going to last two weeks.

So I don't. I don't think it could be over if those bases get hit though, sorry. For example, if they hit, they they do hit board out. I think that's it. I don't think they would continue. I think they would just like that's what we wanted to do. It's over, we're out. So it could just be over like that. But I agree with you. I don't know how long this decision is going to take if it's just Israel being asked to

do the job. Like there's been some talk about that they would, they would spend like a whole day trying to drop bombs on this one mountain and like who? It would take a long time and who knows? Holy Market still has 62% chance of U.S. military action against. Iran it is guy that put like half $1,000,000 on the line. Down down from 80 though. Down from 80. Highs was 69 yesterday, it's a 62 so it is down. It's still high though. Like, it's still a lot, yeah.

It's 72% chance before July, so incrementally they think it's it's most likely to happen in June and July doesn't feel like anyone's coming to the negotiating table that there was some some. Aren't they moving? Are the leaders getting out to Oman to finally meet in Geneva

or something? There were so the Swiss envoy is still the one speaking to Iran and there's some talk that the the foreign minister and or I don't know if it's a Prime Minister, but but the some ministers may be willing to negotiate outside of coming. And then that that was the first time you saw sort of that. But like who knows, man?

But but I, what I put out today is kind of what I believe at this stage, I kind of feel like macro hasn't really moved on this to be clear, like it's, it's crypto is really de risked. Like I think a lot of people have been like, right, I don't want to get involved. And we've had so many like headlines that people are freaked out on and kind of just come back to where we, where we've been for the last week. Now. My first view is the risk reward

is, is to be long. I think even if on the headline now, I think it it would get bored. And then I think if there's no headline, if there's no headline, which I also think it's a possibility, yeah. In that by no headline I mean a deal is made, so. So I was trying to get to his tweet about the show. Let's let our listeners know that we were just looking at quick, quick, quick. It's a tweeter.

So, you know, Mandel's like the thing with Mandel is like, he'll tweet like something serious, like with the markets, and then he'll tweet this and it's like a lady. It's a girl carrying all the luggage. The husband's walking in front of her, so doing nothing. And he goes when you ask her to be the hyper liquid girlfriends. Incredible tweet A plus. Oh my God man, God damn it. Anyways fuck I think shorts are starting to look crowded.

Everyone waiting for knee jerk reaction lower to a headline. What if it never comes? Positioning now feels like any dip will be shallow or short lived. Risk reward here favors being long. Percy speaking. I have not touched a single position in When was I in New York personal conference in the bar code position. I haven't touched since before consensus Toronto, even before, yeah, I'd say I haven't traded in two months, even though I'm like down some stuff that I

bought last month, whatever. Probably a good idea like I I, but I do think a lot. Of people, I'm down. I'm not, not by the way I'm down. I just haven't touched anything. I don't feel like touching it. Bitcoins gone down to one O 3 KA few times here on this and it's not like it's about to go down on a headline A few times like 2 days ago. It felt like, wow, Trump's in the Situation Room, shit's about to go down like there. Was a joke. The B2 bomber fucking like.

I think people really de rest de rest at that time and then now they're like, I don't want I don't want the heat of all this. I'll wait to see what the headline is. I don't think it will RIP in your face if it's a +1. But I think generally this is also isn't the sort of market where it will tank to like 90K even if the US from soda so. But you also put this thing out right. It's funny that. That says a lot.

Of consensus, like it looks like sentiment here is more bullish because you have more people that voted 110K before 100K including myself but in the order books. Way more shorts and longs. I find that interesting too. I would just say this shows something very balanced and I said I would have said if I had put this out when Bitcoin was at 110 K, like are we going to go to 120K or 100K next?

I reckon this would have been 90 percent 120K or like 70% + 110 Ki. Don't think anyone was calling for 100 Ki. Think people were calling for this is going for 125K. So I think what this tells you is basically what I'm saying. It feels more balanced so it feels like if it goes to 100K you'll get bars. Yeah. I mean, this reflects the timeline sentiment perfectly. It's. It's very choppy. It's choppy. I share it to get more votes but.

I'm seeing more bears in the timeline, but I don't like what's like what's your, what's your upside shorting majors here like 10%, 5 to 10%? Like I don't think we're going much lower than that with the bid that's out there. I struggle to see Bitcoin below 100K without some massive headline personally. I don't know, I guess we'll see. It's it's boring. It's it's flat. It is what it is. This is the market that we're in at the moment. But there's still some news.

Tyler, what about some headlines? Yeah, but we got to talk about these crypto equities. They are the the the talk of the town. So first up was Circle stock Circle up 33% yesterday. GPT cooked. $200 a share. It told us to buy one word. Just buy. We should have listened. We didn't cope on the sidelines. At least, at least I am.

It seems like the move is on the back of the US Senate passing the Genius Act. We also have some very the the circle bulls love the commentary on the Washington yesterday. So so Trump came out and made a very aggressive statement telling the House to move light and fast to pass this genius act, not to put anything else in it. As we talked about the day before that perhaps the concerns was trying to mix the market structure bill with the genius act. It says no, don't do that.

Move this to my desk. We're going to pass it ASAP in the US is going to win digital assets. And then Scott Besson came out and made more comments yesterday talking about how stable coins can reinforce dollar supremacy, how it's not a threat to the the dollar. It's an important phenomenon. It's been ignored for far too long. So you had the genius act. You have positive commentary out of Washington markets loved it. This thing is trading at 2200 X rights to earnings right now at

206 X from IPO. It was very viable in the 80 to $100 range. Like it was not that viable day one at 30 unless you you got in pre IPO but it was an easy 2X in any any size you wanted. Isn't this a signal, though? The rest of the market, Like I'm so surprised to see this and everything else is choppy like like what Mandel's saying, Like, you know what, I was so short, but looks likely we go up. Did you guys feel like, isn't this weird? There's so much appetite for crypto technique?

Like clearly there's a. Potential negative signal here that crypto stocks are going to take all the inflows. Look at coin. This year and not our beloved Alts. I think that's, I mean, I, I, I of the other podcast that I follow, that's what everyone's talking about. Yeah. Everyone's like open up a Robin Hood account, start trading crypto stocks. Like this is where a lot of people are shifting. So I think I think this is 100% happening. It is what they're saying like

what are you going to buy? Are you going to buy circle AT20220200X here? Are you going to buy Coinbase stock? I think that's. Yeah, yeah. I agree with you. There's no value in those. But I think they're talking more about like the. Treasury companies. Yeah. But that's the House of Cards. Like, I mean, you got to be in so early. Yeah. Yeah, it's. I mean, is it better or worse in the trenches you think? Trenches are God awful. Like even I'm out in the

trenches. What I'm trying to say is like, you have to be in early. Like I think, do you know what I mean? Like they just they don't care. Like you could we would have said, oh, you're not in the early to circle. And then this kept on going, like when crypto Bros take over a chart, it's just a Ponzi. We're all going to move to public listed stocks. It's all it's going to be like pump fun shots out here. Get ready to see some of those on on on crypto treasury

companies. Yeah, I, I think you're right. And I, I want to talk about the impacts like do we just need to auto fire like whatever the next crypto IPO is like regardless of its merits or fundamentals? Like I feel like it's going to be a very public trade as long as it's not like a a shit company. Yeah, I think. I think I think a lot of a lot of people are going to do this, basically. Circle caught the bid, but it wasn't just them. Coinbase also up 16% on the day.

They also benefit from the Genius act. They also had this, this announcement yesterday, Coinbase payments where they are effectively moving deeper into the global payment space. They're they're going to have this integration allowing merchants to accept USDC payments powered by base 24/7 around the globe. And they have integrated with Shopify already. I was digging into this. Where this gets cool is they have a few different modules with how this is going to

actually work operationally. And 1 is this it's called a stable coin. Check out and it's going to generate a pop up that lets customers pay with their Metamask Phantom or Coinbase wallet in a gasless experience. So that that's pretty cool. And I don't know that I connected the dots. That's how operationally this was going to work. So you've got a crypto wallet with USDC on base. You can go to any Shopify store that's integrated couple clicks and you can use your crypto.

That's cool utility and it's taken us, you know, one step forward to to being able to use crypto to buy anything IRL in the world. And this is a big win for Coinbase because it's powered by based also likely a win for USD first circle USDC just getting more, you know, proliferate across the world. So this is a big one. Wow. What do you?

What do you think about the other companies that will have all come through potentially like Gemini and and Tron and there was another one today, right, What was? This fucking X. So the question is like. It's probably the descending roller coaster loops. Circle is going to be the big one of the circle. Circle was your Trump. Circle was your. But Tron is interesting like I'm not I'm. Not sure what's the demand for Gemini and public markets like

it doesn't even. I guess boomers don't see that. But like when Gemini lists a meme coin, it doesn't even move. It depends on the price. So they're going to be comps to Coinbase, right? Right. For the wrongful, is it 75 billion? Yeah, I don't know. I don't know demand for that stuff, but I don't know the markets like that so much so. I think you want to be next. I don't think now is the time to

be dragging your feet. Like I think if you've made the decision to IPO, you want to, you want to go. Hear me out. We're going to SPAC Myriad, Myriad's back. We're going to reverse. We're going to perform a reverse triangular merger with a publicly listed company on the NASDAQ and we are going to IPO it and the ticker will be there, but instead of being a token chain, it's going to be a stock listed on NASDAQ. I mean, it would definitely go up, so let's go cold on that.

Yeah, I'm kidding. Let us know the let us. Know the oh shut up Sims with your fucking this guy post hosts opinion on their owns on the on the on the feed. Get out of here anyways. Of course we probably can't do this because prediction markets aren't even fully legal in USA. Sorry, crime. Season, my friend, crime season. Do whatever you hell you like. I, I, I wish I was a criminal sometimes I just can't. I don't have it in any man.

And I talk about this with logs. I'm like, everyone's doing crazy shit, raising a fuck ton of money and here we are busting our fucking balls, all their steps as fuck, doing our best. I just wish I had a name, man. I don't I don't definitely not trying to Max extract with that one. Definitely not, definitely not. But but it's OK. Good guys don't always finish last, boys. Good guys don't always finish last.

Anyways, we're going to talk about me right in a minute because I definitely want to chat about what what what we what what we've pushed out recently. But Tyler, in the meantime, is there anything else there was a we should talk about X? Like, this is some pretty big stuff, right? Yeah, we don't have a whole lot of details, but the the headline here is let me find that.

Yeah. Linda Yakarino, chief exec of Twitter X said that soon users will be able to make investments or trades on their social media platform as they look to get deeper into financial services and build this everything app. So we don't know exactly what that means. We don't know what type of assets likely means. I would imagine it's, it's likely going to be stocks to begin with. I am curious if they'll open

this up to crypto. I feel like we've gotten some mixed feedback on that from Elon. So I my my gut is it would not be crypto out of the gate, but maybe it is. Maybe that's also part of why they just banned a lot of those crypto accounts posting their own links. Who knows, there'll be some tinfoil that speculation on this, but it's been clear they're going this way since they started monetizing the app.

I think it it's very interesting that right now if also know creators who get paid it, it goes to their bank account or or however they they choose to get paid out. If you got paid to a Twitter account instead of directly to your to your bank and you just had those funds sitting there and you could also make trades with them on X.

It's kind of interesting, right? I feel like I would be more likely to just keep the the funds in that slush bank and maybe try to run it up on the everything app versus just cashing it out. So I think that's another perhaps lever they'll have to kind of keep some of that creator money in ecosystem as well. We haven't really seen this. I guess China might have a version of this like their their own everything app. I'm not super familiar. Yeah.

There's everything on there. Line has in Japan is like known as being one of these. Yeah. Weibo or WeChat I guess in China, but I think it's more popular in Asia than it is here or in West Western countries at least. Yeah, I wonder why, like anything else. Everything app like I guess Amazon's kind of there you would say. No, they. They haven't got a social media platform, do they? That's the one. But they have everything else you know well now.

X has like exclusive shows, did you guys see that? Apple maybe. Apple, like, I don't think it's like an app, it's a phone. You know, like X is the closest thing that could potentially like they just announced like exclusive shows and the X exclusive. Did you guys not see that X is trying to get into that business too here? X Originals, Yeah, I saw it like a couple weeks ago. It's like a like X Originals, you know, for original content with pomp, Khloe Kardashian,

Celtics offseason. Yeah, I know. It's so funny here. And I guess they're trying to do it ex original shows now or something. I feel like they're trying to be a lot. Yeah, I'm looking forward to that Khloe Kardashian one. Yeah, you would like that one, eh? Oh. Yeah. Khloe Waderland, that's right down your alleyway, I think. But anyways, we'll see there's. Going to be security concerns right? Like people it's hard to keep your ex account secure like a lot of people get hacked.

Yeah, I mean the China 1 is crazy. Like it's like type of government and shit. Like to join WeChat, like you have to like be approved and go to the government or it's like crazy type your bank account. Like it's like letting you live on WeChat, like your whole life is around that WeChat thing. It's pretty, it's pretty wild the way, the way it functions. But anyways, so there's that.

So X we'll see. I mean, they did say there's much more coming with the polymarket integration And, and we did say that like you need payments and trading first. So I'm assuming that you'll be able to be able to do everything within the app. So I, I, I just wonder how they're going to integrate all this.

Like if I were XI would just buy forecaster and just call it and just like try and like do some like really cool Unchained stuff and like build from that spark casters build some really good, like spark casters build a good skeleton. You know, it's got a great like base a good move. I don't know. I don't know. We'll see. Anyways, is there anything else or try to go down to the? Period. Season 2, baby. Let's let's go.

Myriad season 2 Hell yeah Well, yesterday, yesterday, yesterday we announced Myriad V3 AKA season 2 to go live. The the website went down for a couple of hours so that we could move it. We've now, you know, have a new website and mobile experience which is optimized and it's incredible. I'll share it on the screen in a second No more selfie. This is something that drove all of us crazy. Yes us meaning us as well

insane. There's we had a fee on the box, which is normal, but there was another fee on the sale, which is not normal. So now you have no more selfie when trading on myriad as you should never have had. So it's gone new leader board and new challenges. By the way, there's going to be some really good stuff going on. You should definitely pay attention.

We have some really cool partnerships and integrations on the way, but first wanted to push out, you know, good product, something that was like, you know, ready and more robust. Like I said, network expansion, new partners, new players, new events, more ways to win and then a new Rev share program as well as that with A1 on one Rev share linking for USDC. So you share to earn on all markets open to everyone. USDC Rev sharing for everyone

will open at a later date. So we we we're cooking, we're cooking. There's a lot of good stuff coming on that front. Did you guys get to see it? Sounds pretty fun. I did. I want to. I think we should pull up some of the lines I've got. I've got some thoughts. Oh, how clean is this? Like, how clean is our branding? You know what I mean? Looks good. It's. Nice, right? I I generally think we have the best production market product out in terms of UI, UX. Like once you use Marriott,

you're like what the fuck? Like why is everything like this? Generally speaking, I think it's so good. I love the new logo, definitely need a little change, but let's definitely put up some of the lines here. I think what's up? I don't know what I what what you guys, what you think, but I think Cal shoes, I hate it as far as Polymark it, I think it's all right. But yeah, I really, I'm Maria. Look, I'll see a lot of the fuck it is.

It's just like they're just throwing sports bets at you as soon as you're like the front page. They're obviously both way ahead of us and I respect both of them equally, but I, I, I find the UI and UI is really tough. I, I, I don't know what you, I lost money on polymarket once bridging there and then never lose money like that happened to me three times in crypto and I was never able to recover it actually, but I don't know I agree. So, but look at how clean it's like so simple.

The new line front page. You have all the lines here. You have your home here, you have the markets page here. So now we have these cute little tabs, you know, gaming, economy, politics, sports, crypto culture, all that good stuff. And then here you have the different lines, you have the news. So news tab here directly for like, you know, the crypt news, etcetera.

Do we have a brand new leader board, which is going to be super fun soon as we like we're adding like haptics notifications to see who's buying what. We're going to add like a little social fire aspect to it like that. There's already people cooking on this bitch. That's crazy. And then new ways to earn, right? So make sure that you do all these, you know, join our telegram, sign up to kick, etcetera. But Tyler, let's definitely pull up some new lines here.

You left what, 30? Lines filter Filter by the USDC markets here. All tokens on the right. USDC, but. There's a little bull parlay that's on the board, OK. So I think maybe for the alt bulls. So Bitcoin dominance 70% or 56 percent 58 you go no on that or or go 58 on that. I think that's the perhaps the bull side for an alt rally we've got. So you got the 58 on that? Yeah, let's keep, let's keep scrolling, yeah. Let's keep scrolling, all right? There's a few others that I

liked. Ethereum next 3K or 2K3K is the the bull side of that. I feel like that's feels more likely than two Ki like that one. Scroll down, there's a sailor one that I liked as well. Sailor not. To sell. So no on that, I think it's kind of you can get 25%. You can still buy this, yeah. And you've got also Bitcoin 115 and 95 I I-95 is a tough number for me to fathom without some huge bad headline. This is a actually man. What do you think about this one?

That's a pretty good market. Yeah. I mean, I think it, I think it's going to hit 115 first there. It's difficult, but I guess more like to hit 110 is it than it is 115. Like 115 might take a long time to hit. Basically, it's what I'm basically going to say. And who knows? There's always that one headline that can get you, although I don't know how much worse it's going to be than. Wow, look at this chart. I like this market. Bulls Bulls in control over on the.

Slightly, yeah. Look how clean. Man, the new UI is nice shout out to the Marriott team. God, it's so clean. I feel so good right now. I look at this, my eyes are like really happy sometimes. Don't you just look at Yeep Mandarin like that's my baby? Do sometime, I mean, we made some changes to the bet feed the other day and I think we let we, we put the, the amount that you the, the threshold like being on the front page like quite low.

And it was, it was just wild. Like, I was like, I was like, Jesus, It's like kind of crazy when you see someone of this, like how many people are using it even now. Like, it's kind of wild. And you just like, you just like, oh, look, all this stuff happening. Yeah, no, Hell yeah. And you see it all and you're like, Oh my God, just some notes. Make sure you go and vote for us on abstract vote us you can

cheeky 10K points. And then just some notes that, you know, when we did the migration yesterday, some people were not seeing their season 1 points and we're like, Oh no, I lost all my points. Hell no. You think I would let that happen? Never. Come on, you know I love you guys. So any previously open accuracy predictions can be claimed under claimed Season 1 button.

Any previously open points predictions or leftover limbo points will both be taken into consideration while calculating your season one final placements. And don't worry, we got you. You won't see a season 1 ranking just yet because we're still doing final checks and calculations and this is a fresh new season starting from zero. But we've removed the daily points cap and we worked a

leaderboard structure. So you will be heavily more incentivized for predicting in USDC then you will be on points, that's for sure this time around. Some things to worth Norton guys is we hit 500,000 users so we have 500,500 and 2000 sign ups on the platform 4.6 million. 1000. Yeah 502,000 sign ups. We have like 35,000 DAUS dude. Like 25 to 40K per day depending on the what that's like. Insane.

Yeah, it's because like there was a whole abstract thing and then the badness and then that's like, you know, that's, yeah, that doesn't mean they all use it daily, but like, it's a cool metric, right? Like there's a lot of like there's actively like fucking like, like when we did the wallet connecting, there was 40,000 people participated in fucking wallet connected to work. That's a lot, you know? Yeah, and it's all on chain. Like we can show all that. Yeah, Mariad, it's someone

doing. I know I have some stats myself, like some dude made like an insane dude dashboard for us. And it's just fucking sick. Like, it shows you absolutely everything. The data's a tiny bit off from ours, but it's really good regardless. And it's just shows you like, just like how much traction Mariad is getting. So like here, like if you look at this, it's like 4.1 million trades. It's actually a little more than that. This one shows 395 kids. So this is not up to date

anymore, but it's it's way more. But it's like actually pretty wild. Like we're we're getting fucked on like tractions. USDC has over 20,000 traders. Let me see if this one is more accurate here. These are like big numbers like we just don't have like insane volume yet like the same way, you know, Calcia, etcetera have. But like that's going to come next, right? Like that's the way we're thinking about it. It's like you have good product, very good UI.

We have, I believe we have the best UIUX on all production markets out there and I think like it's, I think I can make that claim like if you go try any one of them and then try this one, let me know. The one thing we're lacking on and which is kind of fucking with the UYUX now is this wallet integration like you guys on E or any other casino etcetera. Like you shouldn't have to go like you shouldn't have to like transfer this and like click 3456 buttons to have your ETH

right? It should just be like a deposit your own native integrated wallet and it can, you know, predict on there. So that's coming next. It's probably #1 it's just that we don't have enough staff to work on 20 things at once. At least we have to push V3 out next first. But we're getting there, right? So hopefully people are going to, you know, start catching on to those changes that we're making.

And then once, you know, we have the right volume and everything, we can talk about the next steps. And there's that. More, more long day to markets to it. I love that. I know with with the upcoming release kind of you were forced to do a little bit more flash markers. We had to stop all the yeah. But it's fun to see the the longer ones we can start tracking more, see how things shift, change over time. Yeah, we can finally do. We can. Yeah, this V3, Leo, you can

finally do markets that. And next year, next in the year, we can do three months markets, 6 months markets, we can do one year markets, right. We can do forever market. We can do our markets we can do, we're going to have live markets for multiple things. We can do a bunch of things. And then I know the selfie was killing people like people didn't want to predict with us. And I get that.

Like, you know, when you have a sports markets and you're getting charged 3% fee to sell the the contract, what would you predict from Mary had? I can't blame them for that, right? So now it's gone and and we can do a lot of fun stuff with the 3% that we charge from the buy side because, you know, we can introduce a rake back program. We can introduce a bunch of different share revenue share program that we're going to introduce with people. So we can now play the game with our users.

So highly suggest everybody sign up to mirror that markets if you haven't had and participate, participate. It's worth it. And you guys have a lot of fun.

And what is worse, you know, Mando, I hear you talk about how gambling sometimes has better returns than than than than the trenches, which personally I agree with you because personally I do much better at the blackjack table than on pump font per SE. I believe that prediction markets also have a much better return if you're good at if you know what you're doing than than trading in general. So you know, it's worth noting anyways, yeah, hold mirror, get

Rev share. Listen, there's a bunch of stuff we're going to the flywheel is going to be flywheeling when time comes. You know, I'm going to go Mirad mode like Ovi at some point. Just not yet. It's not yet. I, I can't wait for that, just like rage tweet like OB does all day long. You know what I mean? The speed of OB. Today's the day No 711. It's a 711 event, yeah. He flew to LA yesterday. Dude, this guy's throwing a party on the rooftop of fucking 711. Did you guys hear that? It's.

Incredible. And he, he's got the glitch mop coming, Yeah. I don't know what's happened there. Like he seemingly snuck that old what? Yeah, him and Tad's been cooking. Dude, probably you should go to LA. Yeah, I'm not going to be able to on this short notice, but I do have FOMO for this. In two days, the party's on June 19th. It's today. It's. Today, no, but yeah, but this party's on June 19th, the. Day is June 19th. Today is June 15th.

I thought we were the 17th. Oh yeah, guys, you got to give me. My brain is still foggy. OK, I I'm still recovering, right. Why do you think today was June 17th? For a second? Yeah. Glitch mop on the rooftop of 7/11/11 on Melrose is crazy. GSE is going to sell out. Oh yes, I hope so. Big deal, man. Any news that's cooking anyways all right, this is where you give away. I think it's we're covering some good stuff. Wow we're short show We end up talking much so much stuff the

markets not too great enough. I sort of pump already. Man I'm so tired of this 7th figure Hell bro it. Just does the same thing each day. It's just I'm playing Mark like, I mean, do you know how bad it is? Mendo? I reconnected the Nintendo Switch. Nice. Like were there like it's me and Danny like punching each other over fucking who's better Mario Kart? Oh yeah, I forgot that Danny's with you. That's fun. Yeah. Anyways, all right, let's give away some money. What is what is it?

What is a website? Was it Eater boards or something? Eater Boards. Dot com Eater boards.com is a new website, but that was all pinned on Kik, so if you were on Kik, everything's on there k.com. Oh, you're listening to the show. Go follow us on kick. Go follow us on kick. All the prizes will be giving out to people. Yeah, and we we pin everything there from the start, by the way. Like there's a whole thing. Well, there's 150 live viewers right now, 275 followers. Let's go.

Did you see the first Wrecked video yesterday with Cook? It was. It was a good show. Oh, I missed it. I like a million cars yesterday. Oh, I can catch up right on kick. I can watch replay. Yeah, it was good. Yeah. You can watch the replay. I think all the shows, you can watch the replay. Yeah, Yeah, yeah. I really like what we've done with kick, honestly, 27, five fours. It's only a fourth day. Guys like this is really good. All right, let's see the spin the wheel, right?

Who's winning? Crazy Wheels. Congratulations, you are going to win money. Space bar 69 Space bar 69, you're going to win some money today. Did you just cover all the drama yesterday? Of. The luckier. Oh, we, we had just had a chat like it was, it was all right. We just spoke about that. Like what are the differences between there is? Oh, what up, Space Farm? What up? Oh look at you, he's got the fucking banner with the 711. The red drink. Yo.

I can hear myself. Oh, you're, you're watching the stream, aren't you? Yeah, I'm going to turn it down. Yeah, yeah. You could turn it down on there. How you doing spacebar? Doing well man. Getting ready for the 711 launch today. How you going? Actually got. Yeah. Hell yeah. Oh oh. Absolutely no stuff. Last night they invited me for a drink, so that was. No, that's cool. Well, you know what? Why don't we give you a fucking lot of money today so you can

blow it all tonight? Yeah, I'm excited. I've been doing this for probably 2 years and I haven't won, no. Way. Well, congratulations. OK, Mando, you guys can't be winning today. You cannot get away with it today. This guy, you heard it. He's in LA. He was with OB tabs yesterday night. He's a big fan. He's been listening for two years. So all three of us. He never won. He's on stage now. We gave away Plinko. Plinko was OK yesterday, right? I think I was was decent.

Plinko is the talking about. Like I want this guy to make 15 banks. Yeah. OK, what's the? Plinko has been our biggest winner so far as a show. Which has. Plinko. As as this show crazy game like we never played or Plinko. He's just some game where this guy can make like 10 grand. Please you can make. You can make money. On all of these games, But yeah, it's obviously you can't just like get jackpot on. Oh, it's not. The uterus? No, it's. Ask him when we lost. The. Ball preferably.

Fair guy, go check out the differences. Pick a game. Pick a game. Space bar. Oh. Man, Mando do it for me man. I I feel like risky clicks a good multiplier game like we probably do some. Yeah, I hate that one. Oh, he hates that one. Yeah, let's just, let's just do plinko. Fuck it, OK? I love it. I'm going to say it every day, yeah. Stems and Tyler fucking love that shit. OK, So what are we easy? Do we do balls? Do $1010.00 balls on 16. I love that. Wow. OK, and the balls?

So how many balls? No 50 balls. Man, 5050 tens high 16. Let me just write down the number, OK? So it's $936 and $90.00 in the account in 90. 936 OK 90. 93690, you got you. I got the screenshot too. I'll just send it in the chat, OK? OK, OK, Let's fucking go. OK. All right, Spaceball, Are you ready? All. Right, triple mode. Let's send it. You did already. All right, let's go. Let's go. How much did you make? Like I. Think 200 and 200 bucks. Plus the 500. +500 we get 7700 and.

There you go, congratulations, spaced by you. Something like 700 bucks. Cool. I don't know, perfect. What would you make there? Yeah, because he had a grand to start with and it end on a grand. So that's 500. What about a grand? Yeah. Yeah, what about a grand just by just over a grand. Yeah, well, you won a grand. Yeah. Yeah, because he hit a fucking 26 X Exactly. 500 from it, so it's just over a. Grand that you want? Yeah. How much is in the account now?

I can literally tell. You 1000 something. Yeah, take the, I think 500 away from it. It's 500 plus the 500 banks. It's a grand. Well, congratulations, you're making about $1000. We'll do the math behind the scenes and Century Spacebar. Congrats. Have fun tonight man. Yeah, appreciate it. Yeah, appreciate all the work you guys do. It's, you know, it's exciting. I wake up every day. I look forward to it. So thank you guys. Hell yeah, I love that.

Well, we definitely appreciate you, brother. Mando Tyler, thanks for coming on today and those holidays all across the place. And with that, with that, with that. We'll start tomorrow morning, 10 AM. Eastern Standard Time for the episode of Formal Hour on rock radio. Let's. Go.

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