CRYPTO REBOUNDS AFTER MIDDLE EAST CONFLICT, HYPE KEEPS GOING HIGHER! - podcast episode cover

CRYPTO REBOUNDS AFTER MIDDLE EAST CONFLICT, HYPE KEEPS GOING HIGHER!

Jun 16, 202544 minSeason 5Ep. 1
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Episode description

SOL lead rebound in majors after Iran-Israel news. HYPE hits another ATH. DRW Investments invests $100m in Trump Media. Metaplanet to issue $210m debt to buy BTC. Whales leading accumulation of ETH vs retail. Fidelity files S-1 for SOL ETF. Bybit launches on-chain liquidity network on SOL. Bybit adds gold, stocks & FX trading. Crypto near tipping point toward systemic risk: FSB. Coinbase, Gemini to receive MiCA licenses. Gotbit founder jailed on wash trading. Vietnam officially recognises crypto for regulations. Saylor set to advise Pakistan on BTC.

Transcript

Oh, yo, what up? What up? Good morning, Good morning, MG Monday. Oh baby. Monday, Monday, Monday. I like the kick chat and everything Monday. Oh, it is. It is. It is. It is, it is. Monday, June 16th, 2025. Look at that another beautiful day to have a beautiful day. I got my Co host in the house, Tyler Mando. Welcome to Kick Streaming. We are now playing, you know we're not playing in the big leagues. Yeah. We're now streamers. We're not just content creators,

we're now streamers. We're streamers. This is the top. Streamers it means to get you guys some cool backgrounds as well like. I missed my old background. I was looking at my office photo. There, there, and I posted it. I'm like that. Yeah. I need to get the shit. I mean, so blank that my stuff hasn't come yet. It's coming. Anyways, that's not the conversation. You getting homesick already? No, no, no. Euro tripping? Definitely not homesick at all,

just sick at home. What, what actually happened to you? You went to, you went to Paris, and then you just got airlifted to Saint Tropez, it felt like. So I went to Paris with sea. Trip to San Frupe. Yeah, it was like I went to Paris to, you know, to the thing with Munpei. Shout out to Munpei. Thank you, Munpei. Love you guys. Keith, Julia and Ivan to host a panel, A moderator panel fire center with Ivan, the founder and CEO of Munpei, which was

great, by the way. I think the repost is really bullish. ANYWAYS, the day after I was supposed to go home. Mind you, this is always second degree sunburn across my entire body. Remember last week when I came in like, so I ended up being a second degree sunburn. Second degree sunburn turns into sinus infection, which I've been getting since I'm a baby.

Great. So I'm just at this stage, I'm fucked up. And then a friend of mine goes, yo, you know, we want to do, you know, talk to you about some stuff and what comes central. But I'm like, no, I don't really want to go to central pay though. I really do. But I'm feeling really bad, like I was fucked up like you could have been as I was like screaming in the room, like burning sensations and and angles. You know, there's ways to get

you out here quick. And I was like, fuck it, let's go. I was like, well, there's, there's, there's, there's worse places to to to heal and, and, and and chill a little bit. So I was that guy inside all day because I wasn't allowed to see the sun. All that and I'm I'm back home. I'm back home Mando, but just sick as they're. Looking a little bit red. Yeah bro, getting there. Yeah, but at least I'm not am I? That's better. Wait, we're good.

Sorry. Wait. I'm not going to get banned from Kick for doing that, right? Doing. Good. Are we getting 10 on the first day? I think kicks a bit more. Anything goes. Just did I just have the nip slip Twitch. Twitch would have banned me. Right away. Twitch would have banned me right away, Tyler. Anyways, that's that. I'm home though. We're good. Listen, I woke up this morning, remember my mom sending me to school with fever. No, no excuses. So I'm at school with fever. What's up? Tyler?

How you doing? He's. Great, I'm. I'm on the road myself. I'm still down in Indianapolis. I came down for the Pacers. Game 4 was an incredible game. They ended up losing it in the last few minutes, which was a bummer, but it was fun to be an NBA Finals game. So is it? Over. No, the series is 2/2. There's there's it's back in Oklahoma, Oklahoma City tonight for game five and then it's best at 7:00. So they can, they can still win, but they're more of an underdog

now. You coming back for Game 7 if that happens? Game six will be Thursday in Indianapolis, but I'm not sure I'll be able to stay that long. We'll see. Yeah the the hockey's also 3/2 Panthers and Oilers. It's just weird when this hockey like almost July so nobody cares at this stage of the of this day. Anyways, I love the comments in

the riot. Is anyone paying attention to the Club World Cup in the US at the moment, Tyler, Because I watched a few of the games and it looks like even the players don't give a crap about what's going on there. It's like a new format, basically. If you don't know anything about soccer, which I'm not saying you don't, but like it's a new format of like they're doing the World Cup but for clubs rather than countries.

And it's happened in the US this year and it's the first year they're going to do the new format. And I'm pretty sure, I'm pretty sure Bayern Munich beat some team from New Zealand ten nil. 0. And I watched the game. It's just embarrassing to watch some of these games. So I guess you haven't. Heard about it Madrid yesterday. I'm not as deep in the in the football circles. There are some some of these groups, but it's not quite as big over here. You should check it out. It's.

Next year, man, we've got to get you in it. The real World Cup, not the not. The that would be sick. Yeah, that, that is a big event here too. We should go, we should all go, we should all go to World Cup next year. I fucking love that stuff. Anyways, yeah, the Club World Cup is fun. I was watching Paris, Madrid, so you love to see that, all the Portuguese players. Man it didn't even look like they even cared though, like. When Paris. They were just like, oh, OK, we're one the lap.

It's just like, oh, this really doesn't have the bar. Apparently no, no tickets have been sold and all this sort of stuff. Oh damn. OK, this is this is interesting. Anyways, there's anyways the other show. Well, Friday was a war special. Looks like we're going to have to give you guys the TLDR and updates on whatever happens weekend.

The war in the Middle East is still very much active, though we did get some news this right to the show actually that on maybe asking or looking for somewhat of a ceasefire or some pause or mediation, at least with the United States of the markets rather the back of that. We'll talk about that. We'll go through Tylers top 100, a lot of stuff mostly on the Trump side, a lot of Trump news and I want to discuss with you both today. If we make the time, we'll do it

before my let's go to the show. But is this the last cycle? This is the topic conversation on timeline today. And I got like hundreds of comments. When it has that though, definitely a lot of people have a lot of opinions on that one. And then and then and then, and then, then, then we got a giveawaysoyou.com/FOMO hour noyou.com make an account and then use the code FOMO hour FOMOHOUR in order to be able to enter the giveaways every day. We give money away five days a week.

We've given away a lot so far about like 30 something $1000 in like a month or so. So love to see that. And then last but not least, last but not least, this show is powered by powered by wallet connect. The wallet connect is the connectivity network shaping the future of on chain UX. If you've connected to Web 3 app, you've seen wallet connect that blue logo, it's everywhere. And I couldn't trust in crypto as recognizable as visa.

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trade without trade-offs. Mendel, Mendel, Mendel, Mendel, Mendel, you tell us how do we, how are we going to trade without trade-offs? Who is the? Man macro, daddy of the lamb, you. Look like you're about to die. Did like honestly on this screen you look like you're about to die? I'm about to pass out actually. You do not look good. As soon as you had your big you just put your head in your hands. You. Have like really high fever, like I think I'm like 38 Celsius

at least, you know? So I'm trying to remember where we were during the show on Friday, but. Oh, we did say higher. We did say higher. We did. And I think we're definitely higher since then, right? It was, it was one O 7. It was like one O 5. One O 5, I think Ether was a little bit lower, yeah, and Solana was a little bit lower. So we've had we've had a decent bounce since then. I don't think it's really gotten better over the weekend in terms

of the Israel, Iran headlines. Just to quickly summarize, feels like it kind of escalated on both sides some some key strikes to some of the Iranian infrastructure. Feels like there's one main nuclear power plant for Dow, which is kind of still operational and remaining and that's like a mile on the ground. And if that's going to get taken out, it has to be probably alongside the US and the US are not seemingly joining.

So it's kind of locked in this. We're just going to keep on firing at each other until something else happens. And the, the things that would escalate this is if Iran, they closed the Strait of Hormuz, which is like the Strait where a lot of the oil and gas supply goes through for the whole world, that would that would probably be an escalation. If you start to see different weapons get used, that would be

an escalation. Now, seemingly in the face of that, we've also seen today some signs and there was some of it over the weekend that, you know, there's there's a deal still potentially to happen on the table. Trump, Trump is like the king of, you know, I want to make a

deal said on the weekend. I think a deal will get made in the last 30 minutes or so. We've heard just on from the press that that Iran might be reaching out to Israel to try and to try and de escalate the situation, which is perhaps unsurprising, I think, but it depends.

There's going to be pressure I think for them to take that deal from the US, But also I think there's going to have to be very high assurances around that and remaining nuclear plant, I reckon for for a deal like that to get done. So maybe something gets done. That was obviously what Trump and the US were aiming for before this flared up. So maybe we get something like that in the next week or so. I think there will be quite a lot of pressure to make a deal

if it if if it is around that. And let's see. But yeah, the the, the markets, you know, crypto's the only real risk market open on the weekend. And as per always, you see, you see us basically bouncing up and down with every strike on either direction. And then as soon as try to find markets opened, we kind of started rallying because the market basically saw through that this could actually end in some form of a deal. It felt like oil actually

dropped on the open. I think some people thought that would actually go higher. Gold dropped and stocks have risen. So there's definitely a pricing in here that this is this could be resolved. And I kind of hope that that would be the case. So yeah, let's see. That's it is quite a big move. Just to put in perspective, Iran is about 4% of the global oil

supply. It is just over 10% of global gas supply, though the vast majority of that given sanctions is sold to China. The main worry here is if they if is, if they shut the Strait of Hormuz, which is this, I think about 20 to 30% of oil, oil and energy shipping goes through that lane. So it's that would be the thing that would really send oil higher. It's not necessarily like a massive thing otherwise. It's big, but it's not like oil to 150.

I saw I saw someone on the weekend say Bitcoin to 40K and I was like oh. Yeah, yeah, you respond. I saw. No, I think. It was something I put in my. Chat and I was like Nah, so maybe we end up with something better this week. We've got the Fed this week. There's a lot of expectation they're going to cut rates this week. Let's see that'd be a big win. I think if they started that off again and would probably signal, you know, return to cowbell money printing, that being the main focus.

We're starting now. If you if you look at the three month lag, there was a period of it going sideways. And now we we enter the period. If you bring up Raul, Raul Powell, you'll see we're entering the period where we start to see the parabolic rise and hopefully this is what we're about to see here. Bitcoin dominance have been flirting around still at this. Yeah, I see. So we're now in the period where it could really start accelerating again, in my opinion.

And yeah, so like I said, pick and dominance have been flowing. It looked like it was about to go back above 65% on the weekend. And then since kind of dropped a little bit, you've seen Ethan and notably Solana outperform, bounce pretty aggressively off the lows. Solana had some very good specific headlines around #1 by bit created their internal decks on Seoul, which is a very good

sign. And then you saw Fidelity apply for an S1, which is the expectation we're going to get staking ETFs coming out of the out of the US. So pretty good sign there. And salt solar is definitely bounced nicely there. Other than that, hyper liquid obviously all time high 45 now got 10% on the day and SPXI would say is the other big winner in in Wow memes like memes have done OK on this bounce but generally. Look at this. It's it's just kind of SPX. Look at this. What's SPX at?

That's all time high. Oh fuck, really? Yeah, it had a big sell off on Friday and now it's all the way back. Yeah, that was bought up like crazy. Wow. Yeah, handled. Is it Tyler's, Tyler's special Mando. Look at that. That is a cup and handle my friends. Cup and handle at all time high is the is the best one. Yeah. How's Farquin doing? I think Farquin bounce well too. Yeah, looking good. Let me move over the little lines here. We're looking good. We're looking good.

OK. So love to see that. I mean Bitcoins at 7 two. We did kind of call last week. We kind of discussed how we think this week could lead to Bitcoin on time highs. So we'll see. But it looks like the war is going on as we're speaking by the way, like they're they're going back and forth .47 and it looks like the prices are kind of like taking that into consideration. So so it's it's really taking it

in anyways. So that's that question for you, Mendo quickly and then and Tyler actually then we'll go to Tyler's top 100 is this final cycle. And I pose that question, why are? People saying that I don't really understand what's. Today, so I posed that question. I'll tell you why they're saying that today in a minute. I posed that question as I saw this, these tweets back-to-back of my timeline.

So obviously, like, you know, you know, a bunch of comments, we love to see that people are are replying, we're yapping. So a lot of people seem to believe that. Why are people thinking that it's probably going to be part of Tyler's topics in a minute, but you know, the involvement of, you know, the Trump family more and more into crypto Tron news this morning, etcetera. I think that's what caused the Tron news is really the one that had people tweet that most.

I would say I don't think it was any of the Trump mobile or like Trump ETFs stuff that kind of like it was really about Justin Sun doing reverse mergers was back from the mistake and in order to bring Tron public in order to buy more Tron MicroStrategy strategy, should I say? So what do you guys think here? I know you both have an opinion

on this. I've spoken to Tyler about this before, but I do think that if the Republicans don't win the next election, you are sowing the seeds of a bit of a clap bag. And it makes the election actually a much more of a bigger risk event in my opinion for crypto. Just because some of this stuff will be perceived probably rightly as a bit of a grift and will probably and people will come in and be like, it will be

an easy point of attack. I think being like, we're going to come in and reverse all the grifting that's going on in crypto and all this sort of stuff. And I think, I think, I think you could see it now. Tyler said that, you know, the chances of them winning the next election seems quite low. You never know with these sort of things. But I would, I would say it's made the election a bigger deal. So, but we're in 2020. The next election is not for four years, no Or 3 1/2, so 3.

And a half, yes. We got some time. We got some time, I also I. Also just don't understand where this comes from on the back of that. Pardon. I I think this is reactionary. I mean, there's nothing that tells me we've got two years left of crypto right now, yeah. Yeah, there's a lot to unpack. I've certainly brought up that I feel like Trump family going deeper into crypto is arguably the biggest risk, and I think

that still stands. But at the same time, the the take that the Trump's are going to take down crypto kind of feels like the take that sailors going to go bust and ruin Bitcoin. It's like one of those that that makes sense, Like you can talk yourself into it, but then you get into the details like, OK, well, how's this actually going to happen? And while I, I can see the dims coming after crypto, like, are they going to really walk back?

Like, I guess where I'm going is, I think, I think we all made too much progress in the next 4 years that it will be too difficult to, to walk all this back. Like how big is I bet going to be in, in 2028, right? So I, I could see them like banning public figures from participating in crypto companies. I could see them doing things like that. But like, what are they going to do to, to really just destroy price action? I think that's what I'm

struggling with right now. And then you and then you see these takes and you ask these people for more details and they're basically like one of Moon's comments to follow up was basically like, well, we're never going to have a big alt season again. Like you'll never see another Solana $3 to 300 again. And it's like, well, that's your definition of crypto being over. Like, OK, I'm, I'm kind of in the camp that we're in the golden bull run breaking the

four year cycle anyways. So we just grind up higher for maybe maybe a decade, 15 years. And if that means there's no more cycles than than maybe I'm in agreement with that as well. And I don't know if we're going to have like, yeah, I didn't brought her all season probably is dead.

And I understand the point that the more traditional financial players are here, it's going to be harder to find those huge gains because it's a more competitive space than it was in 2013 and 2017 when a lot of these guys came up. And that's just the evolution of the crypto space. And I still think there's going to be plenty of pockets about performance along the way. So I'm I'm not personally too too concerned about all of it. All right, it's good. We'll see what happens in that front.

Those are calling for 2-3 years so. I guess, I guess we'll wait and see where that takes us. Tyler, I know we you we're it's a good segue to to what you got for us, because then you got some of those topics in mind, NFT and crypto analysis. Tyler T on FOMO Our calls to Kit can't. Yeah, folks, crypto majors green and rebounding this morning. Bitcoin up 2%, one O 7200 ETH up 4% 2635 and outperforming sold up 5%, up the most 157.

Mando mentioned that we have hype with a new all time high this morning over 45 SPX leading all movers across the board. When I ran the numbers this morning, Gito was a notable top mover as well, up 11%, perhaps ahead of those Solana ETFs coming down the pipe sooner than we may have thought. Getting into some of the headlines. So yesterday we had Donald Trump disclosed $57.3 million in income from the World Liberty 5 token launch.

So that's one of those tidbits that got people riled up this morning about the Trump's. Meanwhile, the SEC cleared Trump Media to move forward and buying $2.3 billion dollars worth of Bitcoin. So Trump media going big on Bitcoin. And then one of the other breaking news before the show, we have Justin Son and Tron.

They're going to do an IPO, I believe with that be a reverse merger and then Eric Trump is going to be involved in all this and they're going to form some kind of a MicroStrategy type company with with the Tron token. So Eric Trump has his fingers now his his fingerprint on three to four different. Oh, they caught him. Also true social filed for your back pointed caught who? No, you you're back. No, I was saying your wife. Oh, no, no, sorry. And then Trump's true social

file for Bitcoin, ETTF. So we've got 4 pieces of major crypto headlines out of the Trump family this morning. So just just a lot, a lot to unpack. We also had Anthony Papiano potentially heading up a $750 million Bitcoin acquisition company. Amazon and Walmart EIN stable coins, Metaplanet hit a big milestone. They've got 10,000 Bitcoin now after one thousand 11112 purchase in the past week.

Polka dot is now proposing using 500,000 dot tokens, which is about $50,000,000 to build a Bitcoin treasury. So now we've got other chains looking to bet on Bitcoin and then GameStop is up against raise to 2.25 billion to buy more Bitcoin. So just a slew of these corporate treasury headlines here this morning. There's there's definitely a lot going on.

Personally, I love the genius of announcing strategic reserve on a Sunday. The traditional markets are closed and Wall Street sleeps the first time retail investors win traditional finance better catch up or will quickly become extinct. The world no longer runs on Monday to Friday night at 5. Speaking of Eric Trump. I mean, they're, they're cooking. They're so you said ETF announcement for Ethan.

So Ethan Bitcoin Braun, where Eric seems to be on the, you know, leading company as well as he, I think they lead American Bitcoin, right, which is a Bitcoin mining company and and a couple other things. I mean, what, what are you what are we thinking about? I think the Justin Sun one really had CT like the rest is like cool. Like we know the Trump family is going to have a grip on all the entirety of the crypto sphere in a way like they, they're really

involved and they're cooking. So why would they stop? He just said, sorry, this goes $57 million gain, right? So would you stop there? What do we think of the Tron use more specifically? Yeah, I think that the reason people are upset about this one, probably rightfully so, is it feels like Justin's son just kind of paid for a part, so to speak, right? Like he was being investigated and a part of the headline was Tron's doing this IPO after their investigation has been paused.

And this also comes after he, he invested like $25 million in, in the Trump token or the World Liberty 5 protocol. I don't have the details there, but he, he did a large investment And it, it feels like this is kind of a pay for play situation, right? And it's easy to run with a, a grifter narrative on the, the back of all that. And I don't know, it's, it's kind of hard to hard to argue with if you want to paint that, that picture.

So it's not the best look. And then just the combination of all these in one single morning here. It's like this is too much. Just do a little bit less. Like they are clearly taking advantage of this. And what what Mike Dudas had what was a pretty funny tweet.

I was very surprised to see the new SEC rule that requires companies to have a Trump family board member or shareholder to go public in U.S. markets, which doesn't even feel like that much of a joke because now we've got Eric Trump and involved in four different companies. It doesn't look like they're slowing down now. How? How will Tron actually do and what are the impacts? There's perhaps an interesting discussion. Is this bearish circle circles kind of like the shiny new?

They're not direct competitors by any means, but if you're an investor looking to get crypto exposure via stocks and you want to chase the shiny new objects, now there's going to be another one out there. And Tron has some some pretty decent numbers, right? And circle is still pumping. Yeah, I think Circle stock is up today. Oh. Look at this. The the narrative here is it's going to, Oh my God, it's 165. Yeah, bro. Wow. Damn. Yeah, we might have humbled this one a bit. J GB T They knew.

They knew this one was a buy. So now it's 5X from IPO. So this is a smashing success. The, the folks were expecting this to rally into the, the Genius Act, which folks think is going to get past this week, which would be good for Circle because it's, I believe there are provisions in the Genius Act which prevent tech tech companies from launching their own stable coins. So like that headline, the Amazon and Walmart are launching their own stables.

They won't be able to do that if the Genius act passes, so that'll be a bigger Moat for Circle. Are you buying some Tron or what? Is that the bug when he? Move weirdly from the back. Who is? Yeah, it kind of got sold, right? Like it moved to $0.29 going back down to 2790 didn't move that much. Like ever. Yeah. Like, yeah, long time months. It's about 6 months. What was the all time high for Tron? Oh wow. I'm not going to lie, I kind of looks good. It doesn't.

What does that look like? Kind of looks. Like a cup, a handle to me. Just I don't know if you need this. Looks like a six month cup and handle right there. Yeah, I'm not betting against Tron. I'll say that like there's there's too many, too many games being played that I'm not, that I don't have purview or purview into.

Yeah, Are we? Yeah. By the way, the code for those of you who don't know a lot of you new listeners, by the way, we have we have twice the amount of listeners that we have followers on Kik. Make sure you follow us, follow the account right now, basically you can follow the accounts, you get notifications. We give money away every single day. But also, you know, it's a one stop shop to get everything you

need in crypto. So if those of you always ask, you know, where do I get my crypto contents? Whenever a day you listen and you tend to get everything you need out of it. I think we do a good job of that. That's why it's called. We could get pretty high on these recommended right? We get I. Think we're going to cook, dude,

I think we're going to cook. The fact there's always 100 people live at once on the first show and we don't even know yet how to game the algo and stuff, I think we're going to cook. So make it. Do us a favor everyone. Share it, you know, post it on X, get people to follow us. Tell your friends, tell your wife's husband, tell your cousin, tell your Mama, like tell everybody that you know, we're the place to listen to the show if you want something good.

Umm, if you want, you want place to come and learn from the markets like you saw from, from from from the Daily News that we did have this discussion. Then we go into giveaway. Sometimes we have good guests, like tomorrow we have a guest that's injecting $5 billion into Solano. So so and what we're going to have to convince them to do far coin. But anyways, z.com is, is the place to get in for the giveaways. Raffleba dot XYZ, the code is D Jens DEGENZ.

So rafflebot dot XYZ put the code D Jens DEGENZ for a chance to win, you know, some money to the minimum 500. There's not really an upside. So it's already capped anyways. Yeah, we all rallying boys one O 7-8. Was there any last? It looks like Iran is pushing for some sort of can. We just talk about that for a second and I know we don't want to get too deep into. I mean, go, let's talk about it. Is a ceasefire here a good longer term outcome? Because like to me, it feels

like we're not. This isn't totally resolved yet. Like it was not, wasn't the whole point.

Sorry, here you. Go. Wasn't the whole point of this is like to completely eradicate Iran's like nuclear program and it doesn't feel like they're they're totally there yet and as long as they have some level of nuclear capabilities, they're just going to continue to be an ongoing risk to Israel. So like, is this going to be where we just have a three to six month pause, then we see it come back I. Don't think Israel's going to go

for a ceasefire. Yeah. I think that that hits the nail on the head like if, if, but the only way really to, to destroy this final one is with the US, right? So this, this final, this final nuclear facility is in Fordow, which is a kilometer underground. So it's much more underground than the trans, which is the other one. The only way really to destroy it is with a special sort of bunker busting bomb delivered by AB 52 bomber, neither of which

Israel has. So there have been some thought that if Iran had retaliated and struck any US asset, anything, then then the US would have done that. But they haven't and they're being very, very smart not to right now because the moment and if they did, then that would really be kind of a an issue. But now it's like left in the situation where like, does the US enter the war to to finish it off? Or does you have or do you make a deal? And it's more around trust.

To be honest, though, like I think this idea that you destroyed this and like it would never come up again.

Like there was a piece I think recently in the Wall Street Journal which said that if a billionaire wanted to make a nuclear reactor, they would need probably about a billion dollars and five years to make it. Now, there are lots of countries around the world that could potentially we're we're going to be constantly in a world where like the actual technology and knowledge to make one of some of these reactors now is going to

be out there. So actually it does need like you can't just be like, Oh well, destroy that final facility and it's over, right. I think the idea is that you do need company countries to come to the negotiating table and, and actually want to not happen. And it does feel as though potentially that's kind of what you could get here. So I think there will be pressure on, on, on, on everyone to make a deal if if they are offering that.

Yeah. I mean, there's AG7 today right in Canada or something, so, so we'll see. But. Who cares about the G7 then? Nobody, but that's what we're going to be talking about, right? But I mean, it's only America at this stage that really matters that. It really just matters being yeah, America and Iran I. Think he's also trying to drag him into this war. America is not trying to get too involved because that would that would be the next leg up to an escalation that I don't think

anybody in this world wants. And so, so we'll see. We'll see, we'll see. I have two cases. One case is like, hey, like Israel says, fuck no, We just keep at it. Even though they've been requested not to kill the Ayatollah, they go for it, which causes like revolts. And then they kind of like stop bombing and riot, like the the people riot. And then the other cases just nothing ever happens and

ceasefire. And then we just keep going the way we have been going for the last years, you know, So we'll see. Definitely the best outcome for humanity in general is no war, but we know that's the that's always kind of tough. It sucks to see, that's for sure. Anyways, I don't know if he has anything else to say on that, but no, I think I. Think if, if you're looking for things about like, oh, what should I be looking for in the next few days?

If you're really kind of looking at Trump tweets here, like I think Trump, Trump is going to be the person who tells everyone to make the deal and he'll probably make it public. He's a big deal guy. Before a deal is ever made. And then if you're looking for any escalation, like I said, if, if Iran decides to close the Strait of Hormuz or if you start to see like massive armament shipments coming in from China to Iran, that would be that would be another escalation.

And then and then you'll see like I reckon the markets would react badly probably to both of those on a on a headline. I agree those are the big things to watch. But then also we've got what PAL and FOMC, but they're kind of related because if, if this is still this massive overhanging uncertainty, like can he really make a move like? Yeah, I think he can come spot. I think he can. I think the oil thing is kind of over.

I really don't think Iran would ever close the straight form moves because if they did that, like we just said, it would be a real like it would bring the US probably into the war and that would be they don't want to do that. So I, I think you're not going to see the the really bad scenario essentially for oil you, you're just going to see Iranian supply potentially disrupted. Yeah, I see that. I definitely see that. So we'll see what happens in that front, but for now we'll

have to wait. The market really doesn't care at this stage. Bitcoin if he shrug it up and is and is going to going to do its thing that's for sure let's see when we get out to my anyways Tyler is there anything? Yeah, a few other things, but quickly, I think the Bitcoin price action really is notable. We talked about this a little bit on Friday. The dips are shallower and shallower. Like we dipped harder.

See you man, though we dipped harder on the the Trump Elon fight than we did on the Israel attack on Iran. And we went to 105 last week and now we just went to 102.5 on this dip. And it looks like, I mean, knock on wood, I mean it looks like the the bottom is probably behind this on this right, barring some some huge change like China getting in or or something along those lines. The bid looks incredibly strong. Was also notable to me.

I notable to me I pointed out yesterday the fear and greed index is back at 50 with Bitcoin one O 7/7 like and honestly like the timeline feels like that to me. It feels like sentiment is very mixed like it. It is far from euphoric. It's back to 61. I see you. There's a myriad market for that. Yeah, there there's always I love these markets. Fuck yeah. I was looking good. I. Was looking at the coin market cap I went to a little bit different. So we told this one because

that's kind of the the one. What do you think? Tyler Flash market ends June 18th as 48 hours. Yeah, I, I like yes, on this over 62, you kind of need the camp of nothing ever happened. You you need nothing to happen probably in the next couple days. Oh, so is this going to end right around FOMC? That's the other wild card, Yeah. It ends 2 days. Because FMC will be Wednesday. But yeah, I like the SI, looks appropriately priced with it basically being around the number.

Definitely does. Anyways, Tyler, I'm dying. I probably have energy for another topic. And then? Yeah, no worries. I didn't have a chance to go downstream, so just a couple other headlines. So Sonic, they announced their air drop for air drop details for Season 1. It's going to be 190 million tokens. It's going to be claimable, being an NFT, 25% claimable immediately, 75% vested over 270 days.

It looks like there's this twist where you can claim it earlier and not have to do the vesting, but you might lose some of the tokens. So a bit of game theory there. That's going to be a huge event to watch in the Sonic ecosystem that is coming on Wednesday the 18th big update out of of OV. This was more this was less news but more of like a narrative shift perhaps. So we we had a lot of details come out of the wreck that those drinks are going live. I want to say right after the show.

Actually, they might have gone live right during our show for their latest limited edition drop for those who are sticking Jupiter or holding wrecked the the latest drink sale. But I thought what was interesting was his commentary over the weekend kind of introducing that this web for token and his broader idea of community tokens.

And what I like about how OSF is driving this right now is just being very active, kind of thinking through this, playing out different scenarios and just building this all live kind of in public for everyone to see and react to. And I think people like it and I think folks have been responding well to it. So that was interesting. Go go. I, I retweeted his post. Go out and read it if you haven't already. It is fairly long, but it's a good read.

And other than that, like we hit on the meme action, looks like the memes are pumping a bit. We got Coinbase on part COIN, which is now part for coin on Coinbase, which was largely overlooked last week because it kind of came out right amidst all the war news. But we've got a nice little nice action happening on Coinbase. I believe it LED all meme tokens in volume. Yeah. So it's a nice position here for our our beloved Fart Coin token.

So that's a company hold SPX continues to just crush SPX is back at all time high launch coining because of some cooling off a bit. The Bonk guys useless token was the big mover over the weekend. It hit 100 million briefly, basically went up 15X in 10 days. So he can he can still move markets. So shout out to Bonk guy. He still has it and dissected me bit sold for $500,000 to Adam Weitman. Adam Weissman that still loves buying the the PFPS so I remember K is a lot and shouts Sergito.

He's bringing life back to to the meeps. I just saw him a couple weeks ago. He's cooking. He's definitely doing well with the Meeps and you have far coin dead lead. That was our indicator yesterday. Our indicator was indicating useless. I saw lofty to see that, and 711 it was also for. Oh yeah, I buried that. That was huge. I cannot wait to see Rick drinks in 7-11. That's insane. That's actually fucking. That's like their pudgy Walmart moment, like 7 limits.

Just so I know we talk about a lot, but like it's just a lot of good news. So they announced that. There you go. Yeah, if you're out in LA, go live and you can get you can get rewards, yeah, in rec drink. Three different stores I believe, right? The video is cool too. And then it's I think it's these three stores here. And then Epic also saw quite a pump to $8 million this weekend. It did and then Mando with his cryptic Everyone loved the comeback story tweet.

Classic Mando. Classic Mando. I'm curious what he's planning on doing with that one. He's very secretive about it because he's focused on eat right? So so we'll see. We'll ask him on the show tomorrow. I'll just ask him straight up. All right, let's get some money away because I am freezing. Oh yeah, yeah. Giveaway baby. R32. We're good. We're good. OK, Rafael. R32. All right, let me. OK. So Rafael, all 32, where you at? It was Rafael R 3287. I see him. OK. I see him. I see him.

All right, All right. Rafael, what up? How you doing? How you doing? Thank you. Thank you. I'm excited. You're welcome. Well, congratulations Rafael, you already made $500.00, so no matter what happens when the games we're about to play together, you will leave with 500 bucks. So Congrats on that. Your first winner on our Kick stream, so love to see that. Yeah. Are you following us on Kick, Rafael?

Yeah, I, I, I just opened it up and all I've been had account, but I just opened it up and all that. Yeah, I'm following. I love it, I love it. All right, so I guess are you watching us on video or audio only? I. I could get on video. I could see you on video. OK. So you can get on video. So let's do video. Well, let's do lamb chop. What are we thinking, Tyler? Whatever's easier. Risky click, I was thinking. Let's do risky click. Yeah. Let's see if you guys hear the

sound this time. Yeah? I'm fucking dying here, guys. Whoa. OK, Boom. OK. All right. Rafael, are you on video? Can hear the sound as well. I'm I'm I'm struggling to see the video but I know risky click and we can do a risky click. OK perfect so we can do it on audio. So look, there's 69 little tables goes from 121.2 X one point 3X144X 1.5 X 1.75 X 2X250X3X420X. So obviously from 1:00 to 9:00, one being the least risky and 9 being the most riskiest. Click here where you can get

rough. Rafael. I'm gonna pick a number from 1:00 to 9:00. I'm going 9 both times. OK Oh, that was a crazy beat, too. All right, we got one more shot, 250. Let's go again, all. Right. I really want to get it. Come on. Hey, Rafael. I respect the hustle, though. That was fun. Well, congratulations. Congratulations. Either way you still made 500 bucks. Thank you so much, I appreciate it. Just winning it. I'm already I already got my WI. Love that. I love that.

Congrats, Rafael. With that, with that, with that was y'all. Tomorrow morning, 10 AM Eastern Standard Time on DJs and Twitter Spaces for the episode from our on our video Let's Go.

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