Trump's $5,000 Dividend vs Crypto Market 📉 Technical Analysis with Tim Warren

0:00Shop vans and Albertsons for fresh savings every time you shop! This week at vans and Albertsons, get fresh boneless, skinless chicken breasts for 1.99 per pound limit 10 pounds, and locally grown grape-ary cotton candy grapes are 2.99 per pound with digital coupon. Plus, 24 packs of Canada Dry or 7-up 12-ounce cans are 4.99 limit 1 with digital coupon. Enjoy fresh and delicious savings for every meal! Hurry in! These deals won't last! Visit vans or Albertsons.com for more deals and ways to save! Unlimited inflation starting to rain down on us today. We're going to be breaking that down because there is a lot starting to move into the market. Before we do that, I want to thank our sponsor and that's I Trust Capital, where you guys can get into your own crypto IRA, cryptocurrency stocks, gold and silver all available over on I Trust Capital, one account, unlimited possibilities. This is one of the platforms they've been around for quite a while. You guys can go over and use them. If you have a current IRA, you can transfer that. If you want to start a brand new IRA, you can also do that as well.

1:03Just use our link down below. It's going to give you a $100 funding reward to get started, and you're going to have to start tax planning soon. IRAs are one of the diversification things that you should be doing to set yourself up for success. Let's just jump right into it. I want to bring in Tim Warren to help me out today. We're going to also take a look at several tokens out there. Welcome in Tim Warren. How are you Tim? I'm doing good. Paul, you doing great. Listen, if you guys are not checking out Tim's channel, jump over to Tim Warren trades right there on YouTube. You guys can find him there. That's a great job on covering everything. And I see you even covered laptops. So that was an interesting thing. Our meme coin's dead. Lot happening on that front, but we're going to get into a few things before we get started. I want to lead off with just a little bit of a reminder, because last night, there were more promises. But as everybody knows, we had the $5,000 doge dividend tied and that never happened. The $2,000 tariff dividend, the $1,000 payments for ACA subsidies, the $5,000 Trump dividend

2:08now is in play if Republicans win the midterm. So now they're holding the midterm hostage on this. And I got to play a clip for you before you get your comments on this. But let's go to this clip. Take a look. And here is my promise. If the Republicans win the House of Representatives and the United States Senate, I will issue a dividend to every adult citizen in the United States of America for $5,000. It will be called the Trump dividend. Trump dividend raised some eyebrows. And it raised my eyebrows and both hands went up at the same time. But if I can hear the critics' heads exploding, President is bribing voters to vote for Republicans to take over the House. And then he's bankrupting the country because the deficit and debt is huge and inflation would come back if this comes into play. So how do you answer those criticisms? We're taking in an extraordinary round of revenue. Those penalties have generated a lot of revenues.

3:10They've helped us pay down debt. Clearly has no interest in bringing debt under control. I think that's the message of the market. Yeah, that's the important instinct. He's trying to control yields and bring them down. Let's take a close look here at Bessons' reaction again. I don't know if he was ready for that one. If my Republican Senator wins, I'm getting 5 grand. That's pretty direct and simple and straightforward. I think that's math that everybody understands, my friend. I think it is too. We'll do it in a month. So we'll get you Cal Clay throughout. I can do it for you. It's roughly 1.35 trillion dollars. Where's the money going to come from when you've got a 6% deficit and debt to GDP over 120%. That's about 5% of US GDP, one fifth equivalent of all federal spending annually. And more than defense. More than the interest payment at the moment. How far is that $5,000 going to go when diesel is more than $2.20 more expensive?

4:11Gas is more than a dollar, a gallon more expensive. I'm working my ass off to get you hell and guess. People who are taking out mortgages facing hundreds of dollars more on their monthly payments because of that. $5,000 in that context may not actually go very far. Where's the extra money going to come from? I ask all of you out there. Whatever your political persuasion is. Where is the money going to come from? Is this just more, I feel like it's more fake promises coming out of the White House right now. Paul, I can make the sound of where the money's coming from. It goes, brrrrrrr. Oh, well, you could do that. You could do that. Well, hey, Trump's not done. It wasn't only the $5,000. We got more for you guys. We got more. We got more. Take a look. Today, I'm very thrilled to make an important announcement. Our administration is doing the right thing

5:12and giving the money back to the people who were wrongly ripped off. Nearly 1 million hard work in Americans and 30 states will soon be getting refunds of $500 each where they check sent to their home address. In many cases, these refunds will cover the entire spike in your insurance. The rebates are going out in just a few weeks. Thank you very much. All right, so we're going to get some cash backs supposedly for your insurance, enormous increases that everybody's been paying. So just nonsense because most of this is just not and not going to happen. Could not happen in any way, but at the same time, it just makes the Republicans look bad. Yeah, it does. It does make Republicans look bad. It makes anyone who thinks about rationing look bad. I think what he's banking on, though, Paul, is that there are idiots who don't know what they're looking at. And they're going to think, oh, if I vote for this, I'll, if I, if this side wins, because again, that's, I asked the question. I was like, is this even legal?

6:13Can you even do this? You can't pay people to vote a certain way, but technically the way he worded it is as long as Republicans win. It doesn't matter if you vote a Democrat. It doesn't matter if you didn't vote. You get $5,000. Here's what he's not telling you, though, Paul. Anybody is that he doesn't have the authority just authorizes the same thing as those doge dividends or any of the other ones. He has to get Congress to pass it. And even if Republicans held the House and the Senate, even Republicans, I think you're not going to find a widespread on that way. Complete agreement on this. So at the end of the day, it's kind of, in my opinion, it's a false promise that later on, either a, Democrats win and he just gets to blame the Democrats. And oh, the Democrats are so bad, they kept you from getting $5,000 or b, it passes. And then he used it to further divide the Republican party where he says, oh, I wanted to do this for you, but even these fake Republican senators are voting against it. And it's just like, it's just another hype tool. I mean, Trump does it. Other Republicans do this, Democrats do it.

7:14This is just nasty politics. And unfortunately, there will be some people who think it's true and then it'll be heartbroken when it doesn't come to be. I don't know if it's going to be. I don't know if the Republicans are going to win, but they have to win both to get this. I doubt that's going to happen. Well, likelihood right now, I mean, the House, I think, is all the lost. The question is the Senate of where that plays out. Yeah, Pomp coming in on this as well. But he looks at it simply as, hey, the more money that he hands back to your point, most likely printer, the entire Bitcoin gold and land is going to go. So which is the key for a lot of this around commodities. Hey, I want to talk about the Bitcoin situation because we saw a pump that was significant enough, I think that set the market up into a bull run thesis. That of course has retrace back some because of the likely odds of a rate hike. We'll talk about that in a second. I want to play this clip for you. And then I want to get your Bitcoin review. Take a look. Is this something where Bitcoin's surge is indicative

8:17of the rest of crypto and then can it last? So the initial spike was on a liquidation of shorts. And we've seen a follow up here on the spot side where we've seen open interest grow is on the option side with calls queue, meaning people are buying upside. And the actual futures volume, where the futures allies come off. So it's kind of been a healthy rotation for Bitcoin. The rest of the market has seen a substantial amount of leverage enter the systems is incredibly high in altcoins, broadly. So X Bitcoin. We're approaching leverage levels last seen in October 2025, just before we had a very large liquidation and a pretty substantial move lower in the market. I'm not saying that this move isn't sustainable. I'm just saying you should proceed with a lot of caution. Don't fall into this feeling of like, Mr. Move, let me pile in now. It's, you know, we should be treading cautiously but optimistically. All right. So keywords there, tread cautiously, up, you know, but optimistically, you look at the 82K high right there on that wig that happened back on September 3rd.

9:19When you look at the chart right now, Tim, where are you playing this in terms of the downturn that we're seeing on Bitcoin right now? When I look at the charts, it's actually kind of funny because everybody right now is so bearish right now. And again, I'm bearish in the sense of I'm shorting the markets. But when you zoom out and you take a look perspective, when you look at the news that's come out over the last couple of days, you would think that Bitcoin is just falling apart right now. I mean, yeah, 77,000 within the last two weeks doesn't seem that great. But go back three, four weeks ago. Go back over here into mid August. If I told you in mid August that we would be in the middle of September at $77,000 per coin, you would be ecstatic. And so what I'm actually looking at right now, one of the reasons why I'm convinced that we're going to see another higher low, whether some are here in the 75K range or maybe even back down towards 70 before the next bounce, is because the news right now is terrible. Everything, even when we saw this morning with the PPI data, convincing betters

10:19that we're going to have interest rate hikes here next week. And yet the price is still hovering in just a little flat zone right here that we've been in for the last couple of weeks. That actually shows me that bulls are holding up quite well and bears don't have as much power. The bears are roaring really loud right now, but they're not striking. They're not going in and putting their money where their mouth is just yet. Let's see what happens as price probably continues to drop here. That's what I'm betting on. But go back and look at what we saw happen back in the bull market of 2023. It was, people were acting like 23 was nonstop bullish. No, if you go back over here, we broke through the bear market trend line. We broke through the 200 moving average. We had a couple of weeks of really bullish action. And then Bitcoin had a nice little correction right here. We went from 25 back down to 196. Shop Vons and Albertsons for fresh savings every time you shop. This week at Vons and Albertsons get fresh, boneless, skinless chicken breast for 199 per pound, limit 10 pounds. And locally grown grape-ary cotton candy grapes

11:20are 2.99 per pound with digital coupon. Plus 24 packs of Canada dry or 7-up 12 ounce cans are 4.99 limit one with digital coupon. Enjoy fresh and delicious savings for every meal. Hurry in, these deals won't last. Visit vonsoralbertsons.com for more deals and ways to save. We built into every drive with the most awarded SUV ever, Jeep Grand Cherokee, and freedom that can't be denied with the open air freedom and Jeep Gladiator. After 85 years, it's no surprise that Jeep became America's SUV brand. Get a great deal during the Jeep Drive and Default Sales event. Jeep is one more awards over its lifetime than any other SUV brand, cheap in the Jeep Grill or Registered Trademarks of FCAUS LLC. Shop Vons and Albertsons for fresh savings every time you shop. This week at Vons and Albertsons get fresh, boneless, skinless chicken breasts for 1.99 per pound limit 10 pounds. And locally grown, grapey, cotton candy grapes

12:21are 2.99 per pound with digital coupon. Plus 24 packs of Canada dry or 7-up 12 ounce cans are 4.99 limit one with digital coupon. Enjoy fresh and delicious savings for every meal. Hurry in, these deals won't last. Visit vonsoralbertsons.com for more deals and ways to save. And people were freaking out, and then we just bounced off the 200 and the bull market took off. I think we could see something very similar happen once again. You can even kind of see the same type of movements and looks till we had back in January 23. A move back down to 70K and hit that 200 and moving average would make a lot of sense. All right, so just to kind of reiterate what you just mentioned earlier, because a lot of people may not be aware of this. And that is the August BPI inflation came in, rises to 5.4. This is above expectations of 5.3. Core PPI rose to 4.6. This was the highest since June, 2026. So these are numbers I think that is causing the movement that we've seen on the potential for Fed rate hike. You tweeted on this, Tim.

13:23And it says, while you're over your PPI was high today, the month of a month, PPI actually beat and matched expectation. Kind of net neutral report, your opinion. And if you look at the chart on the likelihood of a Fed rate hike, because this is gonna have some real significance, I'll kind of zoom in on that, guys. That's setting it around 60% right now on a quarter. Bit. Where do you stand on this in terms of rate hike or a pause? Yeah, so like I said in that tweet, everyone was focusing on the one report that was hot, but there was actually four numbers. There was year-to-year PPI and then there's Core PPI. There was month over Core PPI and there was month over month, regular PPI. Of the four of them, two of them matched expectation, one beat expectation, one was hot. An exceeded expectation. That's why I said that's net neutral, but here's the other bigger detail. If you don't know what PPI is, PPI is pretty much measuring the inflation of like the suppliers. So when they're buying their goods and services,

14:23the Fed looks at PPI. It's not that PPI is ignored, but PPI is what you would call a leading indicator, not the defining indicator. CPI is more important to the Fed when they make the decisions. That's what we get tomorrow. That's the customer inflation. And I still think there's reason to be hopeful or believe that we can match expectation or even maybe beat expectation. But what I'm seeing right now, Paul, that even maybe confirms that to me, is like I said, I would say today, when you don't just look at a freaky headline where someone shows the one metric that was higher than expectation, when you look at the fact that the PPI data was actually neutral, but the odds are jumping up of a rate hike, but the price is not. It's almost like people want to go to these betting sites that they're not running to exchanges to sell off. Tomorrow can flip this on its head. Tomorrow's CPI data could come out neutral or beat expectations. And all of a sudden, we're having the show tomorrow and we're saying, oh, the Fed's not going to raise rates now. And all of a sudden, things start rallying once again.

15:24I'm going to pull off to make my official judgment till tomorrow when the data comes out. But my gut right now, Paul, as we were recording this video, my gut says manipulation is still at play. They really want people bearish right now because tomorrow's information, which some people already know the numbers of, could end up being a lot better than what people think. Okay. All right. So if that were the case, obviously a pause would be on order. The one thing that makes me a little nervous here, Tim, of course, is the fact that we're seeing a hundred dollar barrel of oil. That is the breakthrough right now. And this concerns me because this gets into those areas where things can get heated very quickly. And if we start to continue to see this, I mean, we've seen analysts now pointing to 120. And if we start seeing six and seven dollar, a gallon gas, again here in the US, obviously I think this is bad timing right now going into the midterms. But it also put a lot more pressure, I think, on the Fed as well. So that is a concern. I want to go to a clip here because this clip is Morgan Stanley

16:27talking about how higher oil will actually kind of put rates at risk. Take a look. Higher oil and rates remain the main risk to equities in the NITS. So wallow worry. I mean, this is our call for the whole year. The earnings are going to be better than people expected. It was even better than we thought, quite frankly. And we've been derading all year. So it's not as if the market is ignoring all of these risks. It's just been digesting it in a way where it's not as obvious to the casual observer. And to me, that's really the story. It's this transition now. We're going from an early cycle recovery from the recession of a year ago. We had all the rotation now to the mid-cycle area. It's the quality rotation that's very typical. So I don't really see anything that's troubling to say there's some end of cycle calamity that's going on here. The market's dealing with all these risks. But we do worry a little bit in the short term about oil prices. All right. So they are worried about oil. And that is still a significant one. We've got a few days left before an FOMC meeting. We've got obviously a CPI coming out. That may be the real tail that changes the dynamic in the market.

17:29So everybody's going to be watching that one closely. But if rate hikes were to occur, and you consider what's going on with circle right now as a stock in general, where would you play circle if rate hikes go up? Because I mean, this is going to most likely drive stable coin yields up if we do see a rate height. That's a good point. I don't know if I've really thought through it that much as far as how it affects circle. I'm definitely more paying attention to altcoins. But at the end of the day, if rate hikes go up, that just will be a hurt to risk assets as a whole. When it comes to circle, I don't know. I mean, obviously you're talking about USDC. That could end up doing quite well as people want to move back into cash. And in that chance, going into a stable coin would count as being cash. So there's a chance that ends up being net positive for them. What I wanted to comment on the video you just had right there, that was Morgan Stanley talking. Right? There was something. OK.

18:29I never trust when big banks get on television and try to push a narrative. Because they are incentivized for this retail investors. They're clients to be confused. And so they, I'm not saying they always pay to be on it, but like they own the media, right? They control when they talk and when they're quiet and what they say. And even anyone who backtracks some of the negative and positive statements made by some of these bigger banks over the last year and some change, you don't have to go back for years and years. Just like 12 months. Yeah. They have a track record of getting on television and assuring people that everything's OK right before a major dip or telling everybody, watch out. We couldn't be about to have a massive crash here. And then everything spikes back up. So to me, I'm not saying because this interview we have to go back up. I'm just saying it's curious that they're sending their representatives to fearmonger on television. They know that, I mean, they know that people like you and me are going to grab these headlines and talk on them. Even if we disagree with them, they know we're going to spread this word.

19:31And they're counting on sheep to just fall in line and respond how they respond. And a lot of times they're doing the exact opposite with their money. So, but I've been in a place here recently, if I'm bullish, and then I see one of these banks come out and the representative says, oh, everything's looking really good, I kind of become like, oh, maybe I'm off. Maybe I got this wrong. But when I'm bullish and they come out, and they get bearish, I kind of get my feet digging a sand. I'm like, yeah, I'm going to continue to believe that the bottom is in for Bitcoin. I'm not saying we can't drop the 70K. But I think the way they're talking about this fearmongering about oil prices going up. If everyone thinks oil prices are going to go up, that means retail is going to sell. And it's the perfect excuse for Wall Street to buy the dip and make money at the expense of retail. The scariest thing in the world is when it's obvious there's a problem, but everybody still seems so confident. That to me would be a very scary situation. But with the banks putting people on TV saying, uh-oh, uh-oh, this isn't looking good. AI might be over. That to me says they just don't want retail aping in right now because I think they want

20:35a safe space for themselves. Yeah. Okay. So a couple of things there. Earnings continue to drive the market. We do know that. Looks like it's not slowing down. If you look at the S&P earnings history even over the last really since 2010, it's been going up like almost 26%. So you've got that. And of course what Stanley was talking, and Morty Stanley was talking about it is that they felt like the market is still going to be in this earning cycle, but they're concerned about oil. So it was actually a, I think it was a bullish take. At the same time, being concerned about where oil and energy could drive the market. It's fall in Jeep country and during the drive into fall sales events get a great deal on four by fours that refuse to be contained like Jeep Wrangler, confidence built into every drive with the most awarded SUV ever, Jeep Grand Cherokee, and freedom that can't be denied with the open air freedom and Jeep Gladiator. After 85 years, it's no surprise that Jeep became America's SUV brand. Get a great deal during the Jeep drive into fall sales event. Jeep is one more awards over its lifetime than any other SUV brand, Jeep and the Jeep

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22:38Real Rich Strait Marks of FCAUS LLC. The other thing that could drive the market here, Tim, of course, is what's centered around clarity. But we'll get to one thing that could play on this because I want to kind of get your opinion on gold versus Bitcoin. But here was best at talking about clarity. Really right down to the wire here. And I don't know. I'm still trying to find people that are still bullish that clarity is going to go through because almost everyone I'm talking to is very concerned. This doesn't happen. What's your take on it right now? My take on it right now is it sounds like it will be a Donald Trump decision. What we heard even Republican senators say the other day is that they're concerned that the Democrats are not going to vote in support of it because of ethics, rules and stuff that apply to President Trump. Is Trump going to play hardball and say, no, I'm not going to just bow down and just do whatever the Democrats want and then stick his nose in the sand and then we get no

23:38passage. Or will he say, fine, whatever, I want this to pass. I want my legacy to do well. I want crypto to do well. I'm willing to sacrifice gains I've made and let this pass. We'll see if that plays out that way. The good news is is what Brian Armstrong came out and said today, because Brian Armstrong two months ago told everybody, hey, if clarity doesn't come in the United States, if there's not regulation, Coinbase is going to leave and go overseas. So there was a little bit of a fear there. It's like, man, we got to get this past or some of the best companies in America will leave. He came out today assuring people, even if the clarity act does not pass, regulation is coming for crypto in the United States via the SEC and the CFC. So my biggest takeaway, Paul is like, I told someone, don't take these numbers. I'm about to say it's like my predictions. But if the clarity act passes, Bitcoin might make it to $500,000 in the next bull market. If the clarity act doesn't pass, Bitcoin probably still makes it to $300,000, right? Not that those are my exact numbers, but my point is we're going to be bullish over the next couple of years. The question is how bullish?

24:40And that's where the clarity act was important. Well, first of all, just to make sure everybody understands that when Congress comes back, they still have to go through Clotcher, which is really the gateway through Thune. And here's a clip when Trump was mentioning Thune, which I think is interesting. What happened? Take a look. John Thune is here from the Senate. Where's John? Where's John? John is working hard. He's got great opposition. He's got great opposition from the Democrat, Schumer and these guys are terrible. He's going to have great success. You watch maybe more important even than the Trump dividend. He's pretend that I'm running and get out and vote on November 3rd or sooner. All right, so Thune gets booed there. So it is clear, I think, that he kind of, Trump kind of skirted around the idea of, hey, we need to get this through.

25:42So we kind of put Thune on the spot. So we'll see how this plays out with, I mean, because with Bessent still pushing who knows. But I think you are right. I think the market is prepared either way. They're prepared for an SEC, CFTC structure or they're prepared for something coming out of Congress going forward. And let's play this out through the end of the year because obviously midterms and the lack of clarity may be real. But yet at the same time, the market may be prepping up for this. So where would EFB end of year? Yes. I love what Ethereum's chart has done recently. It has one additional technical indicator that Bitcoin does not have yet. That I think is a pretty strong evidence that Ethereum's bottom is in. Bullish divergencies have come. We beat the bear market trend line. We beat the 200 moving average. But Ethereum has a higher high than the previous high in the bear market back in April, right? So you break that structure, that bearer structure, you break the trend and you feel really good about a big move.

26:42Now, I had Ethereum dropping down as well. I mean, I'm in Ethereum short now that I'm technically in profit on, but just not by a lot because Ethereum is just kind of pausing real quick. And if you take a look at what we're looking at right here, Ethereum with this explosive move and then just a boring little sideways movement, that looks a lot like a bull flag. Like that looks a whole lot like a bull flag is developing there for Ethereum. I still think it would make sense for it to cool off and come back down here in the next couple of days or next week or two. I've got some levels. Two ones I'm looking at. There's one in the world of 2250, 2270. There's a sizable breaker block at that level. The other one would be, of course, move back down towards 2000, not quite to it, but 200 moving average retouch. I'd be looking for movements there. But end of year, I don't think it's crazy to say Ethereum could be back in the world. I'm going to be a little hesitant to predict a new all-time high, but I don't think it's crazy to say we're back above 3,500 and potentially making pushes up towards 45 to 4,700,

27:42back towards those highs of the fall of 25. That's a big push. 45 to 4,700 would be a significant move on the market. You look at, okay, so I want to jump over to Dex Volume because there's a lot happening on Uniswap. You look at where Robinhood's heading, but look at these Dex Volume numbers right here on Uniswap V4, V2. We've already seen kind of the growth right here on V3, I'm sorry, V3 and V4. A significant, and you look at where Robinhood is heading on this. You look at Uniswap, and we've talked about this as a big pick on our channel for a while. Would you look at Uniswap long-term in comparison to say something like, well, let's compare it over to Salana. I think there's better potential for Uniswap. So if you're an ROI person, you're just saying, hey, what can I trade for the next year? There's a chance that Uniswap has a better return on investment. I think fundamentally, I think Salana is the safer pick. I think balancing those two ROI versus security is important.

28:42But I like Uniswap. I hold Uniswap, and this is something we were looking for breakouts here a couple of weeks ago. We had this, this orange line was when I was looking for big breakout on obviously we've exploded. I think it's too soon to call Uniswap an official bull trend just yet, because it's kind of hard. I would say maybe making a move above $10, $10, $20-ish would confirm the bull trend, but really great momentum has come in here for Uniswap. I'm trying to make sure. Yeah, I mean, you go back over here. It was a weird bull market period between 23 and 26 for Uniswap, but the 200 moving average is moving in the right direction. We got a lot of momentum kind of building there. Yes, we're overstander right now, so I would not be buying Uniswap right this second. I do think this is another opportunity to wait and get a daily buy signal. I don't even have to pull up a lot of indicators here. I think the first level I'd be watching is around 480, a former support level that we blasted through. I'm sorry, a former, yeah, support level turn resistance. Now could we come back and bounce on that level once again?

29:45That'd be an area to watch here. But no matter where we hit, I look to my oscillators, give me a 50 line on the RSI or a 30 with the next daily buy signal and I'll be looking at my next Uniswap per day. So around 470 there, guys, if you're not in the token and you're thinking, hey, maybe this is something that might be a target for you. Look at the overall market of centralized exchanges. You compare Robin Hood to Coinbase and let's say you were going to just play it on the open stock market and I forget, you know, X stocks are going into perps. Which one would you pick? Hood versus Coin. Yeah, this is one we made this pick in our community months ago. I want to say this was something we chose back in May when we were building a beginner friendly portfolio. We included stocks and we were looking at Hood and we were looking at Coinbase and we went with Hood. Right. So our first purchase on Hood was back over here in the world of $75. Take a look at where Coin was back in May. You're looking at more of a high.

30:45Coin was hit to 11. So anyone bought Coin instead of Hood, you're down a sizeable amount versus if you bought Hood, you're up a sizeable amount. So we made the right choice here. My reason why is because there was so much convoluted hating of Robin Hood back in 2021 because of their stuff with AMC and with stocks. It's not that don't like Coinbase. Right. I have a Coinbase account. I actually hold a decent amount of crypto in Coinbase. I think Robin Hood is making a comeback and I think that you're going to have way more retail investors who don't care about the centralized decentralized arguments. They don't care about the stuff. They look at the fee structures. I think Robin Hood had better fee structures in Coinbase. It's more friendly towards people coming from the trad by space. I just had a hunch. I think Hood is going to have a better bull run than Coinbase. That doesn't mean Coinbase is going to be terrible. It just means Hood, I think, is going to outperform it. I also watched that video. He's absolutely right. There's no difference in the ETF. I don't own ETFs. I'm not saying I don't understand why people buy ETFs, but I'm like I would rather just

31:48own Bitcoin or own Ethereum. If you buy the ETF, you should understand. Yeah, you're getting the value of Bitcoin or the value of Ethereum, but you're not getting what makes Bitcoin Ethereum special in the same way that's going to be the same world with total-genised assets. You should not be thinking about it. This is a bit different. This is about access for tokenised assets. I think that's the challenge that Wall Street is having with this because it's turning these markets into 24.7 global markets versus what we see right now. Now, granted, that's going to change most likely, but even then, to a certain extent, you're still going to have places around the world that want to play on the US markets. This is going to be one of the ways to do it, for sure. Hey, I want to go to the world. You're going to be trading control. You'll be trading control for ease of access. Right, exactly. You won't get the control, but you will be able to get in and out faster, more efficiently, more creative, cheaper. It's what you're signing up for. Yeah, yeah, for sure. Let's go to our lightning round, which you guys, if you're not aware, this is where Tim and I, and some of our guests go through really fast questions and where we stand on some

32:52of the situations that are hitting the markets. Right time. Republican voters will believe economic relief is coming. Do you think that is the case? Yeah, I think that, I mean, I know there are people in my life who I call it Trump deranged syndrome on both directions. People that love him and hate him, they both have Trump deranged syndrome. Republicans will believe that this is coming. And then when it doesn't happen, they'll have, they'll just agree with whatever the excuse is. Okay. I am more on the, no, maybe not. Maybe the, the, you know, the charade is obviously we'll see SEC will pump them the market the same night that clarity vote, closer clarity vote fails. What do you think? Well, you know, you're starting off with a will word there. There should not an if, not an if word in, yeah, I think the SEC and the sea, maybe, you know, one, the question says the night, the same. Yeah, the vote fails. So what happens to the market? Yeah. Based on the SEC's saying, okay, we're going to, I'm going to vote no, I'm going to vote

33:54no, but, but if this question was like the day after or two days after, I'd say yes, but I think the, I think they'll allow the markets to respond. Okay. And it'll allow those who believe to scoop up and buy the dip before the run. I'm in the middle on that one. Z cash flips hyper liquid. No. Oh boy, here we go. I'm going to say yes. I think Z cash flips it. Yeah. It's a lot of flips XRP of clarity doesn't pass. Now, how close is that right now? I don't even know how close it is. It's close. I mean, the salon has actually flipped it at once in and out. Are you looking at coin market cap? Yeah, I'm looking at market cap 58 versus 85. Huh. That is close. I thought. No, I'm still saying no. I think they both get initials a bad response. Both get them. Okay. Yeah, I'm in the middle on that one.

34:55I don't know. Now you got me thinking I kind of think that it's going to, it's going to flip it. I mean, I think it's going to flip it if we see it, but we'll see. After clarity fails, Trump will announce epic strategic reserve nonsense to win over crypto again. You guys, your whole team is just so the wording. We're negative. It's riding it in there. It's going to come. You got you guys betting on polymark. I think that's all the volume. Yeah, I, yes, I think he will continue to push the buttons and blame and try to win any support he can get. I'm with you on that one. Okay. Yeah. All right. What happens first? 88,000 Bitcoin or gold 5K? Oh, come on. I'm going to just answer for you. I actually wonder. I think I actually, I might say gold. Oh, okay. You're in my camp. I think gold hits 5K first. Yeah.

35:56I think that, I think that's a doable. All right. Here we go. We got some other ones here. Netanyahu, what in the election will move the market up or down? I think down. I mean, I don't think that, I think the majority of the world does not like that man. So I'm going to say down. All right. So you're going to say down. I'm going to go up. I'm going to go up. Banks will go extra crazy if rate hikes increased stablecoin yields. Oh, come on. You know, they're going to not sit stablecoin yields go to 6%. They'll get crazy. So let's say yes, because they're already crazy. So they'll go even more. Yeah. Okay. More crazy. All right. The day after clarity, cloture fails. Degen season. No, I think the Degen season is going to have to wait a beat for things make sense. I don't think you start the special run with Degen. Degen is the follow up to, hey, there's been.

36:56I think I think we're already in Degen season. I mean, you got a laptop launching, ridiculously, along with many others. Let's forget about what we're going to most likely see after. And I think there's some projects waiting in the wings. So I'm going to go. Yes. All right. Here, FOMO app growth is proof that Coinbase is fumbling at winning over the Degen. So I don't know much about this one. FOMO app growth is proof. I don't know what I don't know. I don't know. I'll just go straight down the. I'm just going to I'll answer Greek up and check on a, on a no answer on that one. Yeah. All right. Tim, listen, it's good to chat with you. I love doing the charts. Thank you so much for coming in today. We appreciate it. Yes, sir. Thanks for having me, Paul. If you liked this video, hit like and subscribe. Drop a comment down below and also join our free private member group, the link is in the description.

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