Transcript
A (0:00)
Foreign.
B (0:10)
Welcome back to the crypto rundown where we talk about everything that's going on in the great world of cryptocurrency and blockchain technology, from the fundamentals in the news to the technicals on the charts. We spend the time doing hours of research so that you all don't have to, and then we bring it to you completely for free in under an hour. And man, we're excited to be back. Teva. We're getting some volatility here to kick off the week. We had a big old action packed week last week. The one before that, news events, Catalyst, the Federal Reserve, cutting rates, adoption ETFs, I mean, you name it. It's just been a series of events here in the crypto market. But man, we love keeping up with it all. There's a lot to talk about as the crypto market seen a little bit of a dip here today. However, we want to show you what the whales are doing. We want to talk about what the big players, the treasury companies, the whales, all these behemoths, what they're doing behind the scenes so that you all can stay informed. And of course, there's a lot of stuff happening in the wake of coming out of such a big week. And there's even a few altcoins that are just absolutely booming despite what's happening on, I'd say more of the large cap names that are actually falling here about 5% to the downside. We actually have a few cryptos here. I mean, some stats are putting these things up in terms of like 800 plus percent in transactions and activity and a lot of stuff. So we want to talk about some of these altcoins that are booming, kind of shed a light onto this situation. And again, there's a lot of good happening here, so we're going to dive into it all. But TiVo, man, I mean, what a way to start off the week. Some pretty deep red on that Sunday night dump. What do you think about it?
A (1:51)
Yeah, we said we had a huge live stream Friday. It was super fun and if you missed it, definitely go check it out because we did a lot of TA and we'll do some more here. But we said on Friday, like, hey, we might take Monday off unless something big happens. Here we are on Monday because something big has happened and I, I think we kind of nailed it, right? Like we were kind of, you know, obviously we're, we're long term bulls, but you know, credit to us, dude, On Friday we said as excited as we are and you Know where the prices are. We kind of felt like it was getting to the point where after the Fed cut, everybody was kind of on the same side of the boat, right? Everybody's like, well, the Fed's cutting and we're going into the year and it's October, so it's straight up from here. And whenever you start feeling that and looking around and on, you know, whether it's X or your friend group or your trading group, and everybody's just like, hey, it's, it's a clear Runway to, to do nothing but go up. You know, that's when you want to be vigilant. And again, it wasn't a, you know, sell everything, you know, the market's over, it's tipping point. It's just, you know, when people get super, super excited, which we're going to talk about is, you know, people start putting on leverage and getting overextended. And you know, market makers and traders can see that and start attacking. And I think that's what we're seeing here. But you know, again, there's what's going on in the minute to minute, hour to hour, day to day markets and then there's the broader long term vision. And we're going to cover that all in about 20, 30 minutes here. Yeah, it should be a good episode. And just for everybody out there this week, impromptu Monday. So we're here now on Monday. We're gonna have a regular Crypto 101 podcast episode tomorrow, go out in the morning, we're gonna do a live with Brian and Joe Tuesday afternoon. And then we will do the Prepare for October live stream on Friday that we previewed last week. So we'll get the whole entire team here on Friday. So an awesome week, an exciting week, but kicking it off Monday with a lot of news. So let's dive in.