Yo-yo, yo, what up? What up? Good morning, Good morning, GMG Monday. Dude, how is it still January? And it's like just the 22nd. Hold on what? Like, honestly, this is oh OK, so I guess Monday, January fucking 78th, you know what I mean? Like 202444. And you see that you bring on a Monday morning like no one else brings it to it like. Nobody. I didn't. Even I tried to do the intros before when you were away and the music just drowns me out.
Like, honestly, I didn't hear one note of the music when we went live just then. When you do the intros, I was listening and it's so funny. It's just like, OK, so good morning. All right. So bitcoins, AT44K Solana is at 24K. So what do you think about the the inflows I like? Hey, listen. Business. It's a 30 minute show. When I do it, it's a 30 minute show. OSF actually merges from his shell. I don't think he's actually looked at the camera once, so. It's not OSF.
This is his younger brother, which is why, you know, we thought it was him, but it's actually his younger brother. But yeah, listen, I've been up for fucking like 5 hours already, bro. This morning. I don't know, 4 hours I did. I don't know. I'm just hype. Another Monday. You know another day to get dumped. Jumped on by by Barry Silbert and his boys.
The grayscale. You know, another opportunity to build another opportunity to buy our favorite coins on a dip before a Giga Omega Ultra Bull run coming in later this year and 2025. You know, another reason to to to have some fun. It is a beautiful day to have a beautiful day and I do have my clothes in the house. OSF Mando, how you guys doing this morning? Just watching Bitcoin tick by one second tick chart just. We're ripping right now, right? We're absolutely ripping right
now. We just we just we just ripped from 40 point 4K to 40 point 6K. On the one second, on the one second chart we're ripping, bro. Naughty .4% move right there, that is. It's been more fun. It's not the second one, it's the line chart. The, the, the roll bit, the. Roll bit, line chart. That's. The best chart? Actually, that's. The best chart, The one that goes shoot. Actually when it. Goes up you just like, Oh my God, it's still going it again.
Yeah, if you have not traded like 250X with the line chart before, you have not lived. Not on Bitcoin, right? You got to be doing that on WHIP. Roller. Coaster and whip this this weekend. It was last night. I had like $20.00 because I emptied my account. I was like, you know, I'm going to show and buy some spot tips. So I I left like $30 in there. So I was like shorting with or like the only like $20 or like $5 at a time but with like 1000, just for the kick, because we're sick, right?
We got to click a button and it's like $20 risk, right? So whatever. It's just like, it's just funny that you mentioned that because that was literally me last night needing to feel something before I go to bed. But anyways, yeah, I mean man, today on the show today let me post the broadcasting. We are live as usual just so you all know, but you already know. X videos post on from our in my highlights in the from our headlights on the boys pages. We're live on Twitter space as well.
Give the boys a retreat. Gives your boys some love. Give your boys some 100 signs in the air. You'll have to see it. Let's fucking go. We show up every day. We host the fire show. This is what we love to do. This is how we build and of course always live on the Rug video YouTube channel if you prefer a YouTube experience. Which by the way video experience is always like a bajillion times better than the
audio experience on this show. But anyways, today on the show, today, today what we got BTC, right of course, falling below 40 kids. No, no, not yet. Sorry, that's happened soon I guess. Or maybe not. But anyways, that's what people seem to be talking about. Terraform Labs applying, filing for bankruptcy finance that inflows over $5 billion is a DOJ settlement. You know Warren pushes new AMA rules for crypto. Then the Lord gave me the Lord Lord Lord told told me, said give him a 10X.
That was something. I'm glad you added that quickly this morning man. Though I forgot about that I saw this weekend. It was hilarious. So apparently God sending pastors out their signals to dump on his preachers. So we're going, we're going to see what's happening here. You know, I did not expect Monday morning to talk about God sending us signs about crypto, but hey, here we are. And then last but not least, you know, a big weekend for NFTS at least, even though our coins are
not doing so great. But hey, could that be a sign that NFTS and mean coins could be doing better? We'll see. But crypto punks absolutely flying over the weekend, A lot of mid to rare sales, a lot of rare bids as well. Got $5,000,000 bids on on the aliens. We'll talk about this in a minute with the floor heading 65 ether on that's up 2 1/2 X since Friday. We cannot all said that on the show Friday. Like look like there's always a second life, a second pump, these projects when there's a
big dip. So whoever caught on to that, congratulations Big cool cats guys sweeps as well. And are we so bad that Dwight Howard is dropping an NFT collection? Seems like we are. As usual, this show is powered by Ledger on on Avax on top of that. So this is how back we are. Hey, the Avax Foundation did say that they were going to be pumping people's bags like they did announced that last month. So looks like the Avax Foundation is back to work on this wonderful month and still month of.
I mean, Christmas was not even a month ago. I don't understand. I don't understand. It's crazy. How are we still in in in in January? I don't know. But what's that for? Dude, let's get this party started. Seems like Manda wants to talk this morning, so let's go to him. Who is the man Knackledaddy of the lamb? Can you dig it? GM, GM, everyone. So we had a little bit of a respite over the weekend.
I think Bitcoin kind of migrated up to around 42 K after that Friday pump ETH was hanging out just shy of 2500. Everything felt okay, but a little bit, a little bit nervous I would say we were even. OSF is in the chat. Really hope Bitcoin doesn't dump on Monday. Well, Bitcoin dumped on Monday. Bitcoin basically is holding up just above 40K right now. You have ETH which is just South of 24123 sixty I think Area and Solana. Solana went from trading around 9394 to now right in 86.
So a big move in in the majors and you've seen bunch of alts get absolutely wiped out. So if things look bad on on Thursday and Friday it's they're probably down another 5 to 10% from there. Things like say are like 59 that was at 69 I think on Friday and we said wow that's that was a big move. Things like whiff is down to 260 million. That was at 3:50. I think all the alt coins that OSF wasn't weren't moving. They they've begun to move again.
So big, big move lower. Catches trays today he he did say everything is going to go lower. Yeah, he did. He did. No, I. Didn't catch. That was sold. I'm the one that sold two weeks ago. Just saying. By the way, that was timed perfectly. But anyway, saying it's funny man, though I'm going to go back to you, but when you look at the top gainers on the screen, there's only like 3 and two of them are fucking and all four of them are like a stable coins. I opened it up today.
There was only one It was DYDX&C ago. And I was like, oh God, this is not pretty good. USCC top gainers. Yeah, even Tether didn't make the list. You know, Tether is actually down let's. Go send it anyways. Go on man, tell us more. So yeah, a bit of an ugly, ugly start. A few different things I think the timeline is focusing on. Obviously you have 700 million of GBTC got got sent to Coinbase first thing this morning. It looks like a large majority of that is actually to do with
the FDS FDX estate. Remember FDX was a large holder of GBTC. They have moved to sell well that position as soon as it's become liquid like an ETF. So there's a lot of talk about FDX Sam from beyond the grave destroying us. Again, not beyond the grave, but in in in prison. And then the Foundation was selling ETH again today. No. Dude, God love that. 24 Rd. Promise operational expenses when they saw like the pickle top at 4:00, not pico top. The absolute generational no not.
I mean the top 46. $100 That's how like knows his days, right? He's just like, fuck it. Here we go lads. Give it to him. So they sold I think just shy 2 million which isn't that much. But in the grand scheme of things everyone hates to see that sort of headline. So Solana Solana is getting a bad catching some strays as well
today. I would say the the one positives well like people are now looking for what's positive, what's negative coming up. Arthur Hayes came out today and says he was buying 35K puts on Bitcoin, so he thinks we're going much lower. I don't know if that's a bullish or a bearish sign, but he's pointing to the idea of the Fed refinancing coming over at the end of this month.
There's a lot to unpack there. He basically thinks it would like you're going to see a sovereign crisis in the US He's basically implying with how the Fed's going to have to refinance what the Fed did with some of its refinancing is it pushed a lot of it out the last time it did some of its refinancing. And people are now saying that's going to come. That's going to have to now be in H1.
What does that mean? It basically means that the government's going to have to start funding a lot of its debts pretty soon and you're going to see a lot of liquidity needed to do that. So people are saying, oh, maybe that's a liquidity drawing event. It seems a little bit far fetched. So that's going to be like why crypto sells off, but that's what Arthur Hayes is pointing to. Stocks are obviously hitting an all time high.
So to a large extent macro doesn't feel terrible to me, but maybe, maybe we're heading to a sovereign crisis. I I don't believe in with Arthur Hayes there but it generally just felt like a lot of stuff everyone's like fuck it's moved up you know 3-4 X on alts bitcoins had a huge run. We can we can move we can move lower and no one's really going to step in for a for a for a little bit more blood I don't think at least a lot meaningfully. So that's the kind of world we're living.
I I would say on the positive side obviously macro doesn't feel terrible. Secondly there is a very important law court case between the SEC and Coinbase going on. Bloomberg analysts came out on Friday and said they think 70% chance now that the coin that Coinbase gets that thrown out. So that would be very, very big. Remember this is a coin.
This is a case against pretty it's effectively against like AI think a basket of 12 different altcoins which you've all kind of heard of but the largely it's it's an attack against all all different altcoins. If that case gets thrown out it would really really hurt Coinbase's ability to continue with this enforcement action without regulation stance that
they've been doing. So I think we'd we'd essentially be at a stalemate until potentially the next government came in with a with a a framework for regulation there. So that would be quite a big win. I don't think we're going to hear exactly back from it. I think maybe for a week or two, but the the the case should be like the final argument should be this week. So yeah, it could be, could that could be 1 positive thing at least for all coins that you that you see the SEC having to
kind of step back. But to a large extent it feels as though the market is happy to go lower right now, or at least that's the path of most pain. And no one's really stepping in, I think in meaningful size because we're a little bit far away from the halving we're we're maybe going to get that Coinbase thing come out, but you don't know the timing of it. So it just feels as though we're just losing, losing some momentum and things seem to be heading South.
I wouldn't be surprised if I think the Technical Support is like 39 K on on Bitcoin. So I think we could go below 40K here. All right, OV on the Tradfi side, looks like we're we keep it in. Highs, huh? Macro is really strong right now. Stocks are strong. We closed a lot higher on Friday. We were high again today. We're at new all time highs. So yeah, macro's doing pretty well.
Think on crypto I'm getting like slightly more, slightly less like core like bearish or whatever I was short term wise like I think you know all these GBTC like well alert things that we see that remember that's only just like 1/2 of the story and every day so far apart from 2 days last week we had net inflows in in the ETF then and there's been a cumulative net inflow of like 1.2 billion. So I think we need to see like the total flows at the end of the day.
At the end we're just seeing the people who are selling but people are also buying we we just see like who sold more versus who bought more and to get them the the net number at the end of the day. So I don't, I don't pay as much attention to those as the rest of the market does or the rest of CT does. Obviously. Like it's pretty hard hitting when you see like like $500 million like Bitcoin transferred to Coinbase.
But there's also like a lot of money being transferred out of Coinbase into other wallets as well whereas people buy them and and take them off into self custody. So I don't think that's the be all end all. I think it's also like kind of constructive that yeah we dropped we we we naked at the open but we slowly started to to grind higher on Bitcoin after that and we didn't actually fall below like 40.4 like we went from 41 to 40.3 like red candle
down. I was just like been climbing back throughout you know over the last hour or so. So I don't know like part of me thinks that maybe the flows are OK and like the fact that a billion of it was the FTX estate is is a bit more bullish as well. It means like it's not just GBT, like you know there's there's a reason for some of that GBTC money leaving.
So yeah, I'm like definitely still cautious here, but maybe everyone's like oh definitely could go into the 30s like I don't know, maybe, maybe we won't. Maybe that's all, like maybe that's what everyone thinks now because we've had this pay and we keep seeing these well alert things. But we're not seeing like I'd
love to see the net. If the net info number starts turning into a net daily net out for number and the net net out for number keeps growing, then I would start to get very bearish and I think we dropped to mid 30s. But as long as we keep seeing a net info number, I think we may just. I have a sneaky suspicion we may just about hold the line. I don't know. Bullish, Bullish. Not. Sure, just. Quite honestly, if when I see.
Yeah. When I see dumb takes about the fact that we're gonna go lower because of the Fed funding, I'm just like, yeah, just making up something about why we're gonna go lower rather than anything. Lower, I just say that we're going lower because of the vibes. Does that makes more sense than the Fed funding argument, right? Or other vibes because we're going lower. Don't don't forget also like the funding rates are basically 0 right now to. B or not to B thought is the
question. I agree with you OV questions for you all. And some things are negative funding as well. Like like it's you're. Literally getting paid to be long right now on most platforms. On. Yeah, On some, Yeah. On some. I think it's like, it's it's like random shit like BNB and like Sia say, and like some random coins and shit.
But like, I don't know. Like, I think it's just, it's just like if we punt, if we punt, yeah, if we punt like to 42K or 43K again everyone would everyone be like, oh shit, would people be happy or sad? I don't know like. You know what happens? But we go to 42 K everybody calls for, but that's that's how it is. Come on. This is how it is. Question though and that's kind of what I was talking about to you guys this morning. Just it's.
I think it's an interesting conversation to have like as Bitcoin clearly becomes more tied up every time the market opens. We know we're dumping. It's like it's become a meme right now everyone's like, OK, trad markets are open and let's go. Even on Friday you two were like, Oh well like we can't get dumped on by trad fi, we're going to pump this weekend. What happened this weekend? All the meme coins went crazy, right? And like a lot of cool stuff
happened. There's a lot of good OPS like to catch some good trades this weekend. Even Bitcoin like went a little higher. E soul like it wasn't that bad, right? But like are we do we think that like bitcoins getting way more or tied up to like the GBTC narrative at the moment until they're done dumping, which by the way they have a whole lot of dumping left to do. And I know that's one side of the story OV but we know our industry is tied onto narratives
heavily, right? The next narrative is not big for the having right and the IP four and eight something something it's not until later as well, right? But like do we think Bitcoin gets more tied up to like track five prices? We see it like chopping sideways for a while, while like maybe the theorem ecosystem detaches itself a little bit. The Solana ecosystem detaches itself a little bit. Like, do we think we start seeing this sort of like movement in the space?
And by eco, I mean like meme coins and NFTS as well, right? Yeah, here's what I think. Well, first I just sent you a link. By the way, there's another way of that thing which says like 5500 Bitcoin transferred from Coinbase to unknown wallet, right. So that's like that's some of the other side of those flows that people are buying on the other side.
But one thing I would say is like, yeah, like there's obviously a lot of transfer involvement in Bitcoin now that will be on ETH later this year hopefully. And one thing I said that last year the NASDAQ closed almost 50% higher in the year. Like it was like insane returns. And we talked last year about how Crypto Under felt like it was underperforming stocks because, you know, we'd have days where, like, crypto would move lower and stocks would move
higher. And that's because, like, people were who are in stocks and tradify people, They're like, well, why would I, you know, stocks keep going higher? Why would I sell my stocks and move something else, right? Like, if you own an asset as a human, if you own an asset and every day you wake up and it's higher again, you're not going to sell it, right? You're going to keep riding it until until that asset stops rallying or starts to go lower.
And another asset is rallying consistently every day. And then you'll be like, cool, I want to move to the other thing, right. So last year we just had stocks go up like for the whole year basically like, you know, buying maybe like a a quieter period of the summer, but we're not for the whole year. So traffic didn't want to swap into risky things they didn't want to swap into crypto. But now it's going to be very, very hard for the NASDAQ to
return another 50% this year. Like it's just no, there's no way that's going to happen. And maybe you're playing for like a 5-10, if you're really lucky, 15% return on on on the NASDAQ this year. So therefore you have to start
and people are away. If you're still bullish on markets which many people are, you have to start looking at riskier stuff and and that could be crypto like the best case for crypto right now is if stocks just stay stable and move up 0.5% every single day people are going to start rotating months crypto. And guess what it's so easy to do now because you do have a spot Bitcoin ETF and you'll have
a spot ETF. So I think like if you just zoom out for a bit if you're if you're bullish on markets this year, which I still am, I still think we see rate cuts.
I still think you'll see like some fudging around of numbers with the elections in in a in a bullish way you I think you will have you will start to see that rotation into crypto and it's you know for tried five people because it's easy to do now and I think you just have to remember like we're fucking two or three weeks into this year which is a very important year on many reasons but still extremely extremely early into this year and these narratives take a long time to play out but
I do think it will play out I think as as the as time goes on you'll start to see people rotate from stocks to crypto because it just. It just makes sense. Crypto's still 5060% off the highs. Stocks are at all time highs. Stocks are going to stop. You know the the, the amount that stocks go up every day is going to start to decrease versus the potential that crypto has. And you can go out there and now
buy spot Bitcoin ETFs. Like I just think you know, so long as like macro data holds up and you know we still have fed rate cuts on the table, I find it very difficult to believe that people won't start doing that trade in more size and with more aggression as the year progresses. All right. Well, it looks like, oh, at least one wheel agrees with you. You know, transferring $200 million from Coinbase to to their back to their hardware wallet. That's the other side of the
story, right? That's that. We don't like to tell because it's not as funny as the Barry Silbert memes dumping on us every single time the market opens. But let me tell you every single time the show starts we've been just like going South and then you know we start catching up until the close at like 4:00 PM. But it's funny, it's just funny to watch now everything just correlate a little more to to more traditional markets here.
So we will see where that takes us and that's about it for now. On this front, there was some news of like the the Binance Mando, what was it? The Binance then inflows at $4.6 billion since US regular settlement and the CEO departure. What's happening in Binance these days? What's the? What's it? What's the What's what's happening there since since CZ? Well, let's see. What new CEO? They getting a getting a drink quickly. Sorry, I'm thirsty.
But it's this is not an airport. You have to announce your departure. I think the Wall Street Journal put that a good piece which which was about Ceezy's girlfriend who's actually like running the show. I don't know if you know this at Bioneers a couple of months months ago or partner or it was either 14 or it was. I'll find it, don't worry. You'll find it. So I think he's still. Wall Street Journal yo, it's remember that that meme, like new CEO, is like CZ but with the
mustache. CZ with the long hair, CZ with the thing. This is literally the meme so good. Yeah, the crypto queen pulling the strings at Binance. Ye He Yi Hei, a former talk show host, has sweeping control over the crypto giants, marketing and investment divisions. She's also founder Chang Chang Penzoz. So CC long time romantic partner. Yeah, I can't. It's a paywall so I can't go further. So I think obviously he still has some involvement in in the firm. He's obviously still a
shareholder. We're still waiting to see how long he goes to prison for. I think he's still hanging out in Seattle. But the they've definitely seen inflows since since the lot. It's a settlement people I think, I don't know, I think people will definitely feel a little bit safer with finance since that's happened, right. It's going to be difficult for them to do something really bad now that they're basically on a constant watch in the from the
DOJ. So yeah, people have felt, still felt OK with it. They're obviously pushing ahead as they were for a while with big build outs across Asia. They've made a big move into Japan, Thailand. They didn't win the contract I believe to like be the main exchange in in the UAE. I think that went to Coinbase potentially. I remember seeing Dubai like they basically said they want to move, move out. But yeah, there's obviously still a huge exchange.
Their market share has been dropping throughout the course of 2023, but it has bounced back slightly since the DOJ thing. I mean Dubai's. Gonna have the wins change, right? So. Yeah, but there was something, there was some extra license basically as with all these countries, you know, you need to all. License. Yeah, I know. I know the guys got it. I know the guys got it, the the backpack guys, the mad lads. Yeah, they've got one, yeah. They've got one.
They think this is Abu Dhabi there because obviously like the UE, it's also like different city states. So I think it was the Abu Dhabi 1 potentially. Yeah, yeah. No, I I see here. I see. Yeah, you're right. It's the Abu Dhabi license actually. So, OK, so I guess we'll see what happens in that front. But hey, I guess it's good to see more infos going in at least. Usually, yeah, balance is not going down like. Wait, what?
I thought. I thought there was like this guy writing threads all year last year saying it's going down. How is it? What 4 looks? Looks like we're doing fine. 4. Which juice did you get there? What are you? Drinking. Super smoothie mangoes, Peaches, apricots and apples. You know, you're literally like such a like odyssey, like that's all time highs or lows. You announcing that you're thirsty, so you're going to go get a drink like in the middle of like, talking.
Don't want don't want to be rude. Don't want to be rude. He's a big mango guy. You are. You know what? I I don't like mangoes, but I have to say dried mangoes. I had to stop because. You're like mango is very good, like underrated snack, yeah. It's like, what if OSF great, great grandfathers apparently live till like 150 just eating mangoes. So OSF just mangoes? Man, the guy is like just like sipping his juice and making this sound. That's gonna.
Look, here we are like trying to look all serious now. Like we're adding like our streams on the crypt and everything, and this is so good. Anyways, why don't we talk about the other topic today, which was God, it's not Sunday and it's not time for Shabbat candles. Friday. It is Monday, though, and so over the weekend it went viral and looks like this pastor. What's the story Mendoza he was
like? He created a shit coin along with his wife and he it came out over the weekend that he was now facing a lawsuit, a civil lawsuit from the Colorado Securities Commission. And then he took to to a video to defend itself. I think we should just listen to the whole video because it's probably some of the best content I've ever listened to. So primarily why an online pastor was charged in Colorado for $1.3 million crypto scam.
He's released a 9 minute long video explaining that the Lord told him to sell a cryptocurrency with nuclear exit and spend some of the proceeds on a home remodel. The Lord told us to do so, so that's a quick like 2 minute cut. Enjoy. Y'all. And if you don't know, we're on video as well, so join the Xvideos or YouTube as well.
Civil charge from the Colorado Securities and Exchange Commission for basically selling millions of dollars worth of cryptocurrency that is deemed worthless by the state. Now the reason that they're saying that it's worthless is because there is no exit for people who have bought. We launched an exchange, the exchange technology failed, things went downhill. And from that point forward, we've just been, we've just been waiting on the Lord literally
for a miracle. So the charges are that Caitlin and I pocketed $1.3 million, and I just want to come out and say that those charges are true. So there's $1.3 million that's been taken out of. I think there's a total of 3.4 million. But out of that 1.3, half $1,000,000 went to the IRS and a few $100,000 went to a home remodel that the Lord told us to do.
So how this whole thing started is the Lord told us in 21 to walk away from our marketing company and he said I'm going to do a new thing and then he took us into this cryptocurrency. It was a different cryptocurrency other than Index Co at the time. Well, that cryptocurrency turned out to be a scam. And so the Lord says give that to him, but also give them a 10X and I'm like, well, where's this liquidity going to come from? And the Lord says, Trust me.
Trust me on the AS when he's. Coming in, we would be sewing it, and at first it was hundreds of dollars and thousands of dollars and thousands of dollars. When he would come in, we tied, we sew, more money would come in and so we. Were just always under the impression. That God was going to provide, that the source was never ending. That God was doing a new thing and that we had nothing to worry about and. We sold. A cryptocurrency with no clear exit?
We did. He put God at his word and sold a cryptocurrency with no clear exit. And so the prosecutors have to take that and say these people willingly sold a cryptocurrency with no clear exit. But we're praying for, and what we're believing for still is that God is going to do a miracle. God is going to work a miracle in the financial sector. Oh my God, that is hold on. But that is insane. Is the best line I think I've ever heard.
So half $1,000,000 went to ERS, and the couple, a few $100,000 went to home modeling that the Lord told us to do. You know what I mean? Like, I mean, that makes sense, right, Mando? Like has the Lord ever told you to take profits? I just loved it. I just loved every word of it. I actually do. You know what? I haven't looked into what the coin was, but we should, we should try and see if it's been pumping. I bet you it's been pumping. Yo, hold on. For what it's worth, please be
careful here. Lord the Lord, the Lord said, Give them a 10X. That was the best part. I mean, the Lord told them so that yeah. I mean they got rugged on the previous chord and the Lord told them to just launch a new token and get a home. I mean, that home looked nice. It looks like they have a nice beautiful view in the background, given that that was not a fake one of the Lord. Said.
Give them a 10X, dude. Yeah, I mean I wish, you know, I wish the Lord would give me a 10X, you know, it's it would be really cool. For the show, for the show. Sorry for the for the Lord to come in and give me a 10X would be great because so far the Lord you know could could do a little better up there, do a little better you know. Anyways, so moving on, moving on, that was a crazy. Thing One of my favorite things that's happened for over the last few months. Just just.
I have. I have to agree with you this is this is honestly just perfect and and it's just like you it is like he fully believes his own bullshit and like there's Zach Gibiti posted a comment after this and and he posted comments of people like sending him him like you know sending him a bunch of like respect. I'm actually looking onto Reddit right now. Colorado pastor targets congregation and $3.2 million scheme.
It says here on on Reddit and I'm just I'm just trying to find what token it is. I can't find the token either, like it wasn't immediately obvious to me, but. I can't. I can't find it. A pastor in Bryant, Ohio is. Facing said it like index coin or something like that but. Then index was the one they bought before, right rug gun. And therefore therefore the Lord told them to make his own. So that index thing he's talking about was not the one he made, it's the one that he.
All right. That was the one previous, right? Right, which is where there's a pop up saying we did not make this coin. But anyway, hey, the last the only thing we could do. Melissa's right and the comment is pray for our bags and the Lord will give us a 10X. That is the way ladies and gentlemen, This is why we talk about Shabbat candles on Friday and Saturday and and you know, and why we trade chick corns on Sunday. Anyways, OV, what are you drinking now? Drink number two, another mango
based drink I think. Yes, Spark Sparkling Mango fucking mangoes. That fucking loves mangoes. I'm really, I'm really, I'm really thirsty, man. And I don't drink. I'm really bad drinking water. But sometimes I found water isn't enough need like something sugary. But yeah, we. Used to go for smoothies regularly. We did go for smoothies regularly. Famously, Yes, I. Think it's cute? You guys are cute. Anyways, last but not least, let's talk about NFTS a little bit, lads.
Let's yeah, let's do a little NFT roundup. I mean, this roundup has to start with crypto pawns, right? I mean, if you have a PFP, if you have a PFP on your 150K, don't add me, you K don't. You know what is it? If you have it, what's the pasta? If you have IFT under 100K, Don't. Don't. Don't talk to me. Don't, don't, don't add me, don't anything.
Hey, it looks that looks like a heavy, like a like a quite healthy crypto punk floor to me. So what happened this weekend is that the crypto punk just went berserk. They're now they're not 100 at $153,000, but 65 ETH and some insane insane volume going on these punks all weekend long. I mean a bid just came in for $1 million for a zombie right now actually during the show and it's look, it's just been great to see. I mean, if you look at the last sales here on the screen, they're all big.
A lot of them are big. Salesman, another 3D glasses here. Oh yeah, I know you. That's that's your stuff. 3D here going from 91, E man big beards. You got top hat. Mando the Mando punk sold the top hat. So I mean this string of sales here is insane. A2 back-to-back. Cowboys at like over tourniquet. Top hats over 202 back-to-back. Sorry, three back-to-back to back. Hoodies above $400,000.
The punks are flying lads. I mean the feroke punk My last punks sold this weekend as well the one I sold to upgrade for the current one. Love to see my son trading hands here, but but this is cool to see and it seems like there's a fun that's involved in this that has been buying up a lot of punk. So it's like 1 wallet that's buying and bidding on a ton of punks but also a lot of people
following. And then punks OTC just you know sending a $5,000,000 bid on a on a on a alien punk which is Perugia's punk and a bunch of ape punks also catching some big bids here. I mean, what do we think here boys, this is, is this is usually a sign of health in the NFT marketplace do. You know who this fund is. That was tough. No, I'm not sure. I don't know. I don't know who's who's. No, I don't know. Yeah, clearly. Clearly someone's come in with some money opening up an FC.
Punk. This is the punk. They've bought this one wallet, bought 9 punks, and it's not a single full punk in there. Yeah, no, it's at least someone who knows punks. Someone who knows punks, a lot of mid tier ones, some of the like things like top hats which look undervalued to me if I'm honest. I mean. This is you. Some of the other undervalued traits, yeah, it just seemed to seemed to have moved. So yeah. And then you've had some like actually realistic bids on some
of the 8 punks. So I think I saw. You saw this one, got a bid and then snow for a road over the weekend that it's not for sale. But that was such a chat tweet. Yeah, but there's been a quite a few quite big bids for a punks and maybe we'll see one of those trade definitely feels as though, yeah, it's heating up cryptic punks going to 65 floor.
It's just crazy that that like they are just so far ahead again like compared to there was a period obviously where there was a few different things looking like they could move like that and crypto punks are now basically 3X apes, right? That's that's kind of wild, very, very big move and wow. Look at those bids. These are all bids. These are all live bids. There's four bids on 4 fucking hoodies. And for those who don't know, you cannot place a collection bid in punks.
They can't just bid 250 ETH on the hoodie and have it all hoodies. It's one person bidding 1000 ETH because they have to do it four times like it's pretty Chad. When you look at the amount of money in bids and punks like they're all individual. There's no such thing as a as a collection bid on punks which is really impressive. Something you love to see right. Where's the alien punk that caught a big bid but that was that was punk's I got. Dude, this guy's like moving markets man.
Like the the way these people bid over there. What is it? You saw this tweet like I said 91,000 ETH in volume which pretty well but this was the punk here for Ojas that got a bid withdrawn now but it was 1700 ETH over the weekend. Oh, big, big punk weekend over here. Big Punk weekend, well. Over the over over the weekend. Uh oh. Is that going? Over the weekend I was in Disney World and God came to me and said, Benny, you need to build a
tunnel. You need to build a tunnel to show the light for punks, and you need to show and build a tunnel to show the light that we will be pumping. And he told me this in Disney World. So I've built a tunnel from here back to New York, just so you know, and I am ready for what's about to happen. I hope people are also because they need to understand that this is, this is not some small little sign. This is God telling us. I'm going to tell you a very
quick story. One day there was a man drowning, OK, Because it was a flood. OK Do you guys know this story? There was a flood and someone said, hey, I'll save you. And the guy said, no, God's coming to save me. And then a guy with the boat came and he said, no, it's fine, God's going to save me. Then a helicopter came. He said, no, no, no, no, God will save me. And then he died and went to heaven. And God said, why?
What happened? He's like, you were supposed to save me. He said, well, I sent you a boat and a helicopter. That's what's happening right now. God is sending us the messages and we are not listening. So if you, you have to listen. Give him a 10X man. Listen to God. Listen to God. I mean it's So what is the moral of the story is that he's sending us messages. He's he's pumping. He's pumping. He's pumping. Listen, this guy, he made $1.8 million. God told him to make it.
We have punks pumping everything. He's telling us. He's telling us it's there. It's there for us to see. But yet we aren't listening to him. We have to listen. Yeah, I mean, we definitely have to listen. Speaking of listening, I mean this just in, well, not just in, but this is 20 minutes in. What was it? Barry Silbert, Grayscale moved $900 million in Bitcoin on exchange. So. So brace yourselves because that is God sending us another message here. He's sending us another fucking
boat. The thing is there is $20 billion worth of boats coming our way until the halving. So. So you know, it's a lot of boats, it's a lot of boats. But to Betty's point, when Q3 comes, Q4 comes and everything's going crazy. Don't say that God didn't send you a message on chain messages. By the way, Benny, we're getting our messages on chain this year that he didn't try to save you. So Benny, those are some wise words here, my good friend. Thank you for preaching here.
I think we're going to need you more often as we honestly are just constantly getting dumped on during the show. It's the show is just at the exact time where these guys are, like completely obliterating the price of Bitcoin. How's the one second ticker going? OV. Not great. I'm watching it right now. It's not great. Oh man, that is so. Fun Even Eric quote tweeted that tweet and said Damn, this has been a pretty solid indicator of nightly flows to break yourselves.
I doubt are. You just realising this like these guys were like praising like GBTC 2 weeks ago and I was like do you guys know what GBTC has done to us? They said they doubt the Nike $900 million in one day, the 9:00. Sounds like it's. Going to be, yeah, The nine. What are they? Calling it No, it's just something, right? It's the nine but. It's like the the newborn, the newborn, the 9 newborns. Newborn nine. I think the nine is better at 4:00.
It's like a it's like a 70s, like go bad or something. I mean, I mean, look at our go. Look at our go. I mean, we are. Wow. Anyway, so back, maybe. Maybe someone wants to buy it. Maybe they've agreed this, maybe they've agreed the trade and someone. Someone's buying off them. Yeah, maybe Larry thinks like, listen, like I'll buy all the Bitcoin you have at 38 K, then fuck off. Maybe. Maybe they don't know. Like, maybe they're not trying to sell the whole lot.
And Larry's like, how much have you got to go there? Like 900 mil. They were like, well, would you here for it? And they're like, and he's like, cool done, yeah. Larry versus Harry. Is it Larry versus Barry? Yeah. Hazza versus Pazza. My money's on Larry Barry's. Just like, anyways, Barry's just a scammer. Anyways, back to the NFT front. Back to the NFT front. That was a lot more fun, right? Let's talk about JPEG, because
Jpeg's are. A bunch of other like the other stuff that moved crypto One deads did a 3X. The Lord said give them a 3X they they're they're up to 13. Seoul you saw from bananas they had a decent move over the weekend Cool Gats had a massive sweep 40% I think they were they moved higher or 50% couple of big sweeps by Pablo Poncasso and a couple of others. So that those those moved. I didn't really see anything why that moved so maybe maybe
there's some. I always feel like with the cool cats whenever anyone buys a cool cat it's because there's insider information that's what that's the first thing that everyone thinks. It's like, what's going on in cool cats? I think I. Mean you could say, I mean doodles are now up to 2.3. So wonder what the news is. Pandas have been grinding up
organic like organically. That's been one of the ones I've I I I generally watch pandas like once a week like go through the floor and everything just look at like what's going on. Obviously Iceberg's Cooking with camp on Media only have one, so not even bike bias at this stage. So it's. Doing well, good projects, obviously. Working hard on it And two weeks, Yeah, it seems like it's a decent spot. And then you have some big generative art sweeps.
A couple of Fidenzas got swept. A bunch of squiggles got swept by Flamingo Dow. Uniforms is flying too. Terraforms yeah, so Gen. R definitely had a bit of a weekend, or at least from Friday like evening onwards. So like, yeah, definitely has been a busy busy period for cross entities. And then the last thing, but not least on Bitcoin you guys should check your wallets because you have have you guys have you guys have active ordinal wallets.
So someone air dropped an NFT an ordinal and I just checked my wallet earlier and I was like what is this? And it's this thing here and the AirDrop this thing Rsic protocol. And I saw Tyler tweet about this because Leonidas Leonidas. So if you have been an active, if you've been active in ordinals, it seems like everyone So 21,000 wallets got an AirDrop by rune Rune coin. Sorry and he's saying here that I thought that was interesting.
So honestly, like if you have an active or if you bought puppets or monkeys or whatever in the last I bought mine when like 2 weeks ago. It's been since I bought my puppets. So I got it and so it says. The way the RSI See AirDrop by Runecorn was done is really neat and I hope airdropping onto Oronos communique becomes a trend. But this type of market needs to be called out. This is the first ever rune on Bitcoin. I don't know what any of this means by the way. It's one most.
Yeah, tell us. So this isn't the rune that you've heard of? No, I know I. Know this is not Thor chain. This is the new this is the new protocol by Casey, which is potentially competing to be our C 20s. It's his own version of like creating a a fungible token protocol on. But I think you can also do various other things with it.
But yeah, Brune is we should get them back on to to like explain what is basically it's a new protocol for for tokens on on Bitcoin. It's known definitely for fungible tokens as like maybe a competitor to BRC 20s. But I think it can extend to various different things. So this is this what as you said this is a form of marketing for them. So like they're using this as a form of marketing for their new to the new protocol.
This is breaking. The person who just AirDrop 21,000 inscriptions to the ordinals community just published this on chain message explaining that this is part of the game called RSIC where holders will be allocated future rune tokens and the parents sat. The parent of the message is inscription 126, which indicates it's an OG behind this or someone bought it from an OG two days ago when it got
transferred. And so I don't know what's going on there, but hey, check your wallets because it's worth point O to Bitcoin this morning, which was the price of a puppet that was this morning. The floor on this is now it's lower. So I'm assuming a lot of people saw this morning and started like selling it, but you're still looking at point O 16/9, so point O 17 Bitcoin. So you know. Yeah, look, it's it's nice.
And we should get KC on. We should get KC on I. Messaged him and he said that I I tweeted at him like when you come back when he goes. He only goes now when he wants to go on tours so so he's going to go on the media tour and then he'll hit us up. I love Casey though. Honestly, I just love that guy. Like his attitude, like his whole like personality. Like I'll never forget him screen sharing himself filming himself like that was like all time highs. Casey Rodemore.
But you know what? Let's find out more what happens there. But yeah, check your wallets if you're there, it's already done. Over .25 Bitcoin and volume. At current Bitcoin price, I can't promise you what Bitcoin price can be Tomorrow is $700.00 AirDrop. So you might have $700 in your wallet as of this morning, but. And the last thing before we take off for your boys is ordinals again. The Sotheby's auction ends today, right? We're 22nd.
The taproot wizard that they weren't talking about the here last week is at 140,000 dollars, 3.33 Bitcoin right now is that's what that's what it's going on for which is pretty wild. So that's the the cat. Oh, and then the cat the cat one, right. The cat mint. You know, all the stuff came out, so I thought they were going to do a .1 BTC mint and stuff like that. So obviously, like, everyone has like mixed feelings when it comes to opinions, when it comes to price points.
But you know, Tapper Wizard projects that were early on, let's see what happens there. But yeah, that that curated thing is going on. So there's $140,000 bid on the cat, on the cat. A lot of stuff is starting to heat up today, so you can check it out, but I think this is a desktop Crescent piece that's at $65,000. The the Bugatti egg shot to Ali, the number 10 is like $48,000. Now it's egg #10 and then you have a few sats.
The node monkey honorary though I was looking at it is at 7500 which is about four price for a monkey, A node monkey. Here I've got point 17.18 BTC at current prices, but there's that going on right now. So NFT is very much so alive and like you said already, no need to go over it too much. But on the Solana side as well seeing some some of the projects you know saga monkeys above 8. Soul clanos are still very strong at 30 quacks as well. Mad lads haven't really retraced
below 160 soul love to see that. And then Frogana's are 6 and undeads went up about 2 1/2 X so up to 12.6 soul and then on the on the on the on the on the ETH front I think it was you guys. You guys had a good weekend on your on your end I saw Tyler did it sweet some rec guy. What's all we doing now? Don't swallow your your wedding ring. Just put my round around. He's like putting my ring in my mouth. Didn't. Think you need to speak that was that. That's basically what that means.
Yeah, So, so and does that. And then just in, I guess Sims just pinged me as of 7 minutes ago, it seems like Tensor just rolled out a tool so you can longer shorten NFTS. So that's. It the same time. Pinging us in the back here? Yeah, exactly. But price lock, a simple way to longer short NFTS. That'll be interesting to see what that happens, but a lot of moving parts on there. And let's not forget OV one's a blast on lock. Like there's like billion dollars. Lock blast, yeah, blast.
It's supposed to be February where you can take your blast out and then I think, I think the test net goes live in February, I think, I'm not sure. But then the OR maybe main net? I'm not sure. And the AirDrop is supposed to be in May. But yeah, like over a billion dollars worth of ETH becomes unlocked. Available. Yeah, yeah. So it's it's going to be a lot in the salon. Yeah. I I no, no. But what about Gary? Hopefully. I'm not saying I was going to do that.
I'm not saying I was going to do that, I think. You're going to do it? I wouldn't be surprised if you go like. 0.0 I told you guys 0.030.03 so? 27 now, so you went for three. No, at .036 right now. Yeah, I'm sorry. I see, I see like 27 sole is like one ether here this morning. That's what I was looking at earlier today. All right. Well, we'll see.
Because I mean, slot Eco has a lot going on for it in seven days with like the most anticipated 8 days, sorry, nine days or most anticipated AirDrop of the year. So we'll see what happens with JUP. I'd love to see if, like the Jupiter, I don't think Mail comes on, space is right, but maybe someone else would be fun to have. Anyways, I think that's a good roundup. Great way to start the week. So with that, boys, have a wonderful Monday. Have a wonderful rest of your week.
Same to every single listener. Remainder to follow at FOMO hour, FOMOHOUR. You can set your reminders there on the page as well. We tweet our clips, we tweet our show schedule, we tweet everything in there. And we should have another great programming for you all. So So tomorrow morning, 10:30 AM Eastern Standard Time, 7:30 AM Pacific Standard Time for another episode of FOMO Hour on Rock Radio. Let's go.