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2155: Trump: America Must Be #1 in Bitcoin - China's Going All In
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Welcome bitcoin fam to the number one daily bitcoin pod. In today's show. We'll be discussing the latest bitcoin technical analysis. Unfortunately, another correction today. We're down roughly 3,500 on the day at the time of the live stream. We'll also be discussing Michael Sailor strategy kickstarts November with a $45 million itty bitty buy. We'll also be discussing crypto. Investors flee visibility for anonymity as privacy coins surge a whopping 80%. We'll also be discussing CZ denies he's behind proposal for the crypto private bank in Kagistan. We'll also be discussing how the Trump family turned crypto into an 800 million dollar gold rush. And the big story of the day. Trump was on TV yesterday and he said I only care about one thing. We will be number one in crypto. And he also says China is getting into it very big. I'll also be taking a look at the overall crypto market. All this plus so much more in today's show. If you guys are new to the podcast, you guys know what's good. It's November 3rd, 2025. Unfortunately market took a bit of a correction. Down 3300 on the day. Today is Pod episode number 2155. Keep hope alive as we're, you know, in novemble. Government still shut down unfortunately. But I will be sharing all the good things you need to know in the market of what's happening and where the price action is likely to take us next. I'm alongside the Fed chair, the one and only nipinator, keeping them nip and n. And with that being shared, let's kick it off with our market watch as we do each and every day. Pulling up coin360. It looks pretty brutal. Ether down 6% BNB back under a TH000, down almost 8%. XRP down over 5% X. Every major crypto is correcting. And in the red, checking out coinmarketcap.com 24 hour volume is 150 billion. Total crypto market cap on the day is all the way down to 3.55 trillion. That's insane. Down 4% on the day, the bidding market cap is still sitting strong above $2.1 trillion. And checking out top 100 crypto gainers past 24 hours. If it's anything like the past couple of weeks, it'll be led by a privacy coin. Let's see. And close enough. Number two is Zcash privacy coin up 5% on the day. As you know, bitcoin dominance is all the way at 60. We ain't seen this in a long time. That's always the silver lining with these corrections. A lot of liquidity flows out of the coins into the prelo biddy apex predator. We call bitcoin the doing and checking out crypto bubbles. Little visual perspective on the day again not so pretty. Unfortunately checking out the weekly it's even worse. The only things really in the green are dash and zcash privacy coins for the win. Checking out the monthly reck city cross the board again privacy coins the only thing in the Green Z Cash up 183% dash up 208%. Where's Monero when you need it? Monero is up but very modestly only four and a half percent on the month. Checking out the crypto G index today is a 42. Yesterday at 37. Last week of 51 and last month of 71. In greed mass volatility expected and when you least expected it and thought it was safecoin slap you in the face. So be careful. Government is shut down because of the big farm Asses will lose money. My question is when are they going to open shop? Like what the frick bro? What the fudge? Fudge popsicle. But with that being shared, let's mosey right into rta. Headline reads not good for the price. Bitcoin ETF demand starts to lag. Newly mined bitcoin. But first I'm going to do a little analysis from the live charts. That's right, a little live chart action. Jackson Satisfaction, Bo Jackson, Tony Braxton for the baddies. Looking at the one hour. This is actually lit. We do have a bull target though. We had a massive red candle this morning taking us down. We are recovering some and there's 119000 target hour chart which we typically don't have. So that's good. Actually checking out maybe the bottom is in Nip Anator indicator be on the lookout checking out the four hour. There's also a bull target in at 120, 120 in play. It's a falling wedgie officially approved by the Fed chair Nipinator. Taking it a step further backwards that is checking out the daily daily chart. Big ass red candle thus far which surpassed the last three days of consecutive gain. So it's like everything we gained in the last three days has just been destroyed unfortunately. But silver lining there is a bull flag on the daily chart sitting at 146 again 146 in play on the daily chart. Checking out the weekly the weekly chart. No particular bull targets here. There is a bear target we're not even going to entertain cuz the bears they're hibernating anyways it's hunting season but unfortunately two green I'm sorry red consecutive candles on the weekly so not looking so pretty but maintaining just above the moving average at the current moment. OB 100,000 is a massive support line in the sand. Hopefully we don't even go down that far to retest. We did hit 103 when we did the flash crash the other week but we maintain and check it out the monthly not a good look. October historically the second most bullish month of the year. We closed in the freaking red. And for November we're only three days deep so we can't judge but it's already in the red so hopefully things turn around. Hopefully this government shut down get shut down will shut down the shutdown of the shutdown. You got to do what to do. But yeah Institutional demand for Bitcoin has dropped below the daily amount mine raising concerns about Bitcoin long term stability. While the Bitcoin mining outputs have remained relatively constant, demand from the institutional buyers has dropped below the daily mine supply for the first time in seven months. 6767 Bro. That's according to Caprioli Investments Charles Edwards Edwards shared a chart illustrating key bitcoin metrics that track the three institutional activities Bitcoin mined spot ETF and similar institutional buying as well as the Bitcoin digital asset treasury corporate activity. Now the total amount of the Bitcoin purchased by the institutional investors represented by the blue line. The analysis shows staggered decline in demand from the DATs and the ETFs now since the mid August the combined demand dropping below the daily mining Supply as of November 3rd the last time this institutional demand trail daily amount of the Bitcoin mine was all the way back in March. Now initially the subsequent inflows from the spot Bitcoin ETFs compensated for the reduce of the corporate pressure thereby unfolding or upholding overall the institutional demand demand demand demand through the spotty test also began began began the contract sharply following the market crash October 11th. Since then these investment products have seen 1.67 billion in net outflows. And as long as there's outflows it's not going to be good for the price action sailor. We need bigger buys station and on October 31st on 17th anniversary of the Bitcoin Satoshi white paper spot Bitcoin ETF saw a total daily net outflow of 191 million with none of the 12 ETFs recording any inflows. That's why we're struggling to climb with the bitty price action and expressing concerns. Edward Said won't lie. This was the main metric keeping the bullish the last months while every other asset outperformed the bitcoin. Not good in the hood now. Meanwhile, Bitcoin's rally has cooled like a ice ice baby and dropping towards 107 after hitting the record high 126. It's crazy. All within the same month. Zooming out, the markets have been consolidating. There's a broad range above 105. We're currently just above 107. We did drop roughly 3, maybe 3, 500 already on the day. So far there's 188 treasury companies carrying heavy bitcoin bags with no business model. The DAT trend therefore is a bet that the prices will continue to rise like Lazarus from the dead, generating the capital gains. The market value to the net asset value ratio is the metric used to assess the valuation of the firms that hold the Bitcoin as a Treasury asset. The higher M NAV can indicate investors are assigning a premium to the company based on its future growth prospects, while a lower M NAV may suggest concerns about the debt or other risks. Data reveals the bitcoin treasury firms have seen their navs collapse, wiping out billions in paper wealth. If the trend persists, it may erode the premiums that these companies command. A great example was David Bailey's company went from like $25 a share to less than a dollar getting wiped out and many others as well. Next story of the day, Bitty Fam Michael Sailor Strategy kickstarts novemble with a $45 million bitcoin buy. Why so bearish, Michael? But Yeah, Sailor added another 397 Bitcoin worth 45 million. But the company's buying pace continues to slow down compared to the pre October accumulation streak Strategy acquired and just shy of 400 Bitcoin worth 45 million last week at an average price of 114000 per bitty. According to the Monday filing with the US SEC. This brought its total holdings to 641, 205 Bitcoin acquired for a total of 47.49 billion at an average price of 74000 per coin. Always beautiful omens here 7 and 4 equals an 11. I mean, just saying good omens with the bitcoin yield at 26% year to date, according to Sailor. The previous week the company purchased only 390 Bitcoin for 43 million. At least they upped the tally a little, bringing the total for October to 778bitties, one of the smallest monthly acquisitions in recent years for strategy, for example. In comparison, strategy acquired 3500 Bitcoin in September, 78% more than October's total. Quite a stark contrast there. Analysts warn that the slower pace can weigh on the bitcoin price recovery Strategy and the US bought Bitcoin ETFs have been the primary drivers of the demand throughout the year. It's, it's factual, you know what I mean. The price continues to go up, especially when we're hitting the all time highs is due to the institutional inflows and corporations like Sailor. Single handedly it's Michael the Sailor man. The analytics platform predicted the bitcoin price unable to recover to the previous high until these entities restart the large scale accumulations. Quoting them here. Crypto quant demand is now driven mostly by the ETFs and micro strategy Bolt slowing the buys recently. If these two channels recover market momentum likely returns. Let me know if you agree or disagree. Okay, next story Brosis Crypto investors flee visibility for the anonymity as the Privacy Coin surge 80% now Investor demand for the financial privacy is a fueling a rally in the privacy preserving crypto signaling reboot interest renewed interest of the self sovereign blockchain transactions. The market cap of the privacy preserving cryptos rose by 80% over the past week. Pretty significant considering the rest of the whole market is tanking, surpassing 24 billion earlier on Monday before retracing 3% to 23 billion at this time according to the data from Coin Gecko. Now the ones leading the pack as of today. As I shared earlier in the market watch we got Dash and Zcash amongst the best performing privacy coins last week with 65 and 9.5 gains respectively. And now Zcash on the annual it's up like over a thousand percent and in the past month I believe it's up over 500 and now dash is following and Monero still very modest gains on the day so I'm told because it's only a few exchanges actually offer Monero, whereas zcash and Dash are more commonly, you know, available. So that would explain it the privacy and also Z Cash flipped Monero market cap. Monero was always the top largest privacy coin since I got into the space back in 2017 and that was just flipped this week as well. The privacy coin rally occurred despite the wider crypto market downturn. We saw the total crypto market cap decline 4% over the past week from 3.9 trillion to 3.8 trillion. And as of today, as I mentioned, it's now like 3.6 trillion. So a lot of liquidity wiped out Silver lining Bitcoin dominance just hit 60% and we ain't seen that in a hot minute. Privacy coins such as zcash Monero obscured the sender receiver transaction details, offering a greater anonymity than the synonymous cryptos such as the btc. Privacy is increasingly viewed as a necessity rather than a feature. Senior analyst said this renews ideological demand for the private self sovereign transactions now. He also said the expansion of zcash shielded pool and improvements in the tech include the Zashi Wallet for shielded transfers and Solana integration are making privacy transactions more accessible. Zcash fixed supply of 21 million coins sound familiar? It's proof of work consensus model and its privacy setting based on the ZK Snark technology position is at an encrypted Bitcoin for investors seeking private transactions now. ZK Snarks are cryptographic primitives that can sever any traceable piece of data between two parties over a public blockchain network. Aiming to strengthen digital privacy. They are an interaction of zero knowledge proof technology and Arthur Hayes Just Blaze, the bitty billionaire himself. He suggests Zcash soaring to $10,000 per coin after it just recently hit its eight year high. So let me know if you agree disagree with Arthur Hayes Just Blaze and what's your perspective on the privacy coins? Do you have a favorite? Do you hold any Holla let me know Nipinator indicator in full effect Next Story Bro Headline CZ the infamous denies he's behind the proposal for the crypto private bank in Kyrgyzstan. Let me hurt Let me know if you heard of this place. The Bananas founder CZ pushed back on the reports that he has been driving a proposal to establish a crypto friendly private bank in the Central Asian nation Kyrgyzstan where he provides advisory services. The rumors emerged after Kyrgyzstan President Seder told the Khabar News Agency on Sunday that CZ visited the country in May and suggested a cooperative effort to establish a private bank that also deals in cryptocurrency. Let me know if you ever heard of crypto he claims he would have preferred to open a state owned bank, but when CZ rejected the idea we agreed to open a private bank H Now CZ had refuted these claims and a post on Monday on ax, the former Bance CEO said he was not behind the proposal and had no interest in running a bank regardless of exactly if you were worth a hundred billion dollars, hypothetically speaking, in crypto, you'd probably have no interest in being a CEO or running anything where you could be targeted by the forces of evil and put in prison, as he's already experienced being the CEO of Finance. But I digress. This is what he said. This is incorrect. Not quite for FUD level, but still wrong. I never proposed creating a bank myself. While I support banks working with crypto generally, I have no interest in running one. Of course, why would he? He'd have to be an idiot. I don't recognize the name mentioned below. It's not even something I propose. So it's FUT is ultimately what he's saying. I might have said something like I wish there were so many digital banks supporting crypto, but quite frankly, it's fud. And despite refuting the claims that he is behind the private bank, CZ did reveal in April he was advising the country on blockchain and crypto related regulation. And in fact was it not at one of the conferences he spoke at was like with one of these country leaders. From my understanding it could have been Kyrgyzstan from here, the foreign investment agency. And since assuming the advisory role he has been involved with several crypto initiatives in their country. Kyrgyzstan rolled out the new stable coin peg 1 to 1 to the Kyrgyzstan Psalm. I guess that's their local currency. In October, CZ announced at the time the stablecoin would run on the BNB chain and its native token, BNB would also be included in the country's crypto reserve if launched. And at the time, CZ said Kyrgyzstan is integrating Bonanza's education arm, Bonanza's Academy with 10 of its top universities, and localizing the Banana app across the country. So the legend of CZ continues. And there's the latest what's happening with Sean Ping Zhao. But anyways, next story of the day, how the Trumpster family turn crypto into an $800 million gold rush. That's right, the Trump family is getting richer. Reuters estimates Trump Link ventures earned him 802 million in crypto just in early 2025. Let's break this baby down now. First, where should we start? The first half of the year, Trump Link ventures brought in 802 million, primarily from world Liberty Financial WLFI token sales, the official Trump meme coin dwarfing revenue from golf licensing and Real Estate? Yeah, he's like real estate or it's gonna get rich in crypto barons. Damn near worth as much as CZ now it's crazy now. Reuters investigation and methodology papers detail where the cash came from and how it was tallied. This guide explains the mechanics, the buyers and the policy context without the hype. Can I get an amen? WLFI launched late 2024 as the token centric project tied to the Trump family. Its governance token. WLFI offers limited holder rights compared to the traditional finance governance models. Now company's lawyer so Basically it's a D5 protocol. The company's lawyers argues the token has the real utility. I don't know about all that. Well, let's see. The core monetization model is straightforward. A Trump Organization affiliate is entitled to 75 of the token sale revenue after the expenses according to the WLFI gold paper. Reuters use this document as the basis for the income model. In the first half of the year, Reuters estimates that WLFI token sales were the single largest cash contributor. So it pays to create your own coin. The doing they accounted for the bulk of the family's crypto windfall. Then in August of this year WLFI marked the NASDAQ deal with the alt five sigma raised hundreds of millions of dollars purchasing more WLFI tokens. The move provided major demand catalysts and converted a portion of the on paper value into the realized cash for the Trump controlled entities. Separate reporting in August outlined a broader plan for 1 1/2 billion billion WLFI treasury strategy linked to the All 5. The plan aimed to hold a significant portion of the token token supply Details that help explain the scale of flows into WLFI. The Trump coin launched on January 17th of this year. Its creators earned a share of the trading fees from Meteora, an exchange where it was first traded and within the first couple of weeks on chain forensic firm cited by Reuters estimated between 86 million and 100 million just from fees. So yes, you can get rich just from fees. And in the analysis in the first half of the year the outlet model roughly 672 million just in coin sales. Using a conservative 50 share assumption attributed to around 336 million to Trump link interest. The methodology acknowledges uncertainty because of the ownership and fee splits are not fully disclosed. For example, Baron gets 90%, you know, Trump Jr gets 5% and then Eric Trump gets the other 5%. That's how they divide it. Most WLFI buyers are synonymous wallet addresses. But the investigation identified several high profile participants concentrating on foreign demand. The investigation highlights the Aqua One Foundation's 100 million WLFI purchase and reports that Eric Trump and Don Trump Jr. Participated as the global investor roadshow promoting the token. Precisely what I just said now. The review also notes the identifiable major buy buyers include overseas investors. While the attribution remains probabilistic, foreign participation amongst the large WLFI holders appears pretty significant. Also WLFI promotes a stable coin by the name of USD1 a dollar peg stablecoin backed by reserves and cash of the U S Treasuries with custody held at Bitco. Reuters reports the reserves back in the USD 1 generate an estimated 80 million an annual interest run rate at the prevailing yields and the notes that a portion of the interest accrues to a company 38% again another omen an 11. 3 plus 8. That's what's up owned by Trump's organization though the actual realized amount for 2025 remains unspecified. And back in May of this year Abu Dhabi back MGX announced a 2 billion investment in finance which according to the reports and public statement statements by the WLFI was set to be settled in their stablecoin USD1. The deal stands as a marquee example of how WLFI stablecoin position facilitate very large transactions and because much of the Trump business empire is private Reuters combined presidential disclosures, property records, court release financials and on chain data to come to the conclusion of how they got to 802 million for the Trump crypto empire. So let me know if you think that's accurate. I mean it's ballpark and obviously at the peak it'd be over a billion dollars. But we had a massive correction. The all time high was achieved early October about a month ago and we hit the current top which is 126,3 or as I call it the firmament and right now we're only at 107 so naturally it'll go much higher when the market peaks yet again now the policy backdrop and the conflict question. Since the January 2025 the U S enforcement posture towards crypto has shifted. The Department disbanded its national crypto enforcement team you know led by the Biden administration, the war on crypto, Liz Warren and all those criminals, drug traffickers, anti money laundering, tax avoidance while the US securities and Exchange Commission dropped or paused several high profile cases including his motion to dismiss Coinbase and the termination of actions against other major firms, ethics experts told Reuters sitting president overseas crypto policy while his family earned substantial crypto income presence a novel conflict of interest and it's just so unlawful and unacceptable. The White House mean meanwhile says the company representatives have denied any wrongdoing whatsoever. Now in short, what appears to be an 800 million gold rushes beneath the the surface a blend of brand driven token sales fee rich meme coin mechanics, high velocity treasury deals and a yield bearing stablecoin. The totals are drawn from documented splits and model flows. But there's the latest and we'll continue on the topic of the Trumpster and our next story as we're approaching the top of the hour. All right fam now for our feature story of the day. Trump was just featured on 60 Minutes last night. This is the latest interview and he said something some very bullish things in particular, quoting them here. I only care about one thing. He says we will be number one in crypto and he also says China is getting into it very big. What does that mean? Global hash war in full effect. Some of the other things he touched upon. Let's see some of the topics of conversation. I didn't watch the full 60 minute interview. If you did, do let me know. Here's some of the key facts. During the interview the President was asked about his decision apart ncz whose company has played a key role in boosting crypto projects back by the Trump family. He replied, okay, are you ready? I don't know who he is. How do you pardon someone when you don't even know who the fuck he is? I find that a little crazy. But he says, I know he got a four month sentence or something like that and I heard it was a Biden witch hunt, so I guess that's all he's willing to admit. And while I do agree it was a Biden witch hunt, I still find it very fascinating. He claims he has no idea who he is. Imagine pardoning a criminal like for example Bankman Freed and then so you take no responsibility saying oh, you think he's bad? I don't know nothing about him. It's like, does that make it okay? I don't know, it just seems a little odd right there. But the interviewer Nora O' Donnell pointed out Bonanza help facilitate a $2 billion purchase of the Trump family back World Liberty Financial. And that's probably why Trump's acting ignorant. He's obviously not ignorant, he's very intelligent. So that's my two satoshis, the World Liberty Financial stablecoin and asks how do you address the appearance of pay for play? Trump said, well, here's the thing. The wonderful thing about Bitty Is bitty the wonderful thing? All right, that's me paraphrasing. He said, I know nothing about it because I'm too busy. Well, that's a great excuse. You pardon the guy, but you know nothing about it because you're too busy or because he helped facilitate $2 billion purchase, which helped you. And there's nothing wrong with that. But maybe because of his enemies, you know, saying conflict of interest, that that's how he can justify it. I don't know. Personally, I don't believe nothing anybody says nowadays. On his family script adventures, the president added, I can only tell you this, My sons are into it. I guess that's Baron Don Jr. And the Eric Trumpster. I am glad they are because it's probably a great industry. Probably a great industry. You signed the fucking executive order and you're talking about you want America to be number one. So how can you say it's probably a great industry? Crypto. They're running a business. They're not in the government. He says, well, clearly your sons have no conflict, but you as the senior Don. I guess that's what they're alleging. At least when the pardon was issued. White House Press secretary Caroline Leave it said leave it to Beaver. President Trump has exercised his constitutional authority by issuing a pardon for Zhao C. Who she claimed was prosecuted by Biden Admin in their war on crypto. I actually agree with that statement. I think CZ is one of the good guys, not evil. He's not the bankman freed. So personally, I have no problem with Trump pardoning cz, but you guys gotta let me know your thoughts. He also touched upon the government shutdown. Here's the update. When asked about the ongoing government shutdown, which is on track to become the longest ever in history. Fuck. The President placed the blame squarely on the Democrats. Go figure. Trump said the Republicans are voting almost unanimously to end it. The Democrats keep voting against ending it. The President didn't offer any plan to end the shutdown and signaled that he expects Democrats to eventually give in and vote to end the shutdown. Well, what if they don't? How long will this damn shutdown go on? They're trying to destroy our Q4 parabolic run. Up to 222,000 facts. That's unacceptable. Now, he also touched upon health care. I'm not going to get into it regarding Obamacare. In my opinion, I despise Obamacare. I despise government oversight over our health. I mean, what happened with Novid? I mean, just saying. And what did Trump say? About CBS in 60 Minutes. We don't care what Trump said about ICE raids. I don't care. What did Trump say about the third term? Is that even possible? A third term? And what did Trump say about going to war with Venezuela? I guess I'll touch upon this. When asked, he said, I doubt it. I don't think so. But they've been treating us very badly. Not only on the drugs, they've dumped hundreds of thousands of people into our country that we didn't want. The president then defended his military strikes against suspected drug boats off the coast of Venezuela, saying every single boat that you see that shot down kills 25000 on drugs, destroys families all over the country. Some lawmakers and legal experts question the strikes, alleging the Trump admin failed to provide adequate evidence that the targeted boats belong to the drug cartel members. And when asked if Venezuelan President Maduro's days are numbered, Trump said I think so. Yeah, what it do? But there you have it. Yo, there's the latest. What's happening on the market? Shout out. Pam Powers, may the force be with you. Thank you for tuning in good Monday afternoon and welcome everyone to the Q A segment of the live stream. I can only stick around a few minutes. I got the honor of picking up my little one but here we are. Very interesting. Let me know if you guys got to watch that 60 Minutes interview and what are your thoughts? With everything I just shared do let me know. Happy to read the comments out loud. Let's see here. I have several long trades jv my leverage on them 2 to 5x I hope ma' am Danny doesn't win the election New York City. He will totally destroy the city. Now that I understand the long trades I want to start the day trading. I have time to sit watch the market. What's your thoughts on the AI? Oh, I just noticed I'm way behind on the puff puff pass. Hey now remember when the Trump was anti crypto? Of course I do. Nipinator showing what he's got. He don't care. Throw them in the air. Baby, baby trade stocks. Trade the penny stocks, Casey. They're easier than trading against the big houses. The bottom is in nibinator indicator. I don't trade, I just buy. The coins hoddle simple. If the right opportunity presents itself I will. I have before the bear market made the bank in the drop 2016 pop pop pop. Chickens are quail. Oh, chickens and quail. Quail eggs taste better, have more protein per the egg Quail is the grub grub, grub Grub Rex is a hell of a bird dog. Where do you get the quail eggs? And you're way behind the chat. JB Apparently Asian markets for the bitty the quail eggs. Some restaurants pay well for them. Quail are pretty easy to grow. Gendler's Friend we had quail and chickens. The quail pumped out more eggs per pound than the chickens, making the chickens look bad. America will have the biggest bitcoin reserve ever. No other country will be as big as ours makes. According Hands Motion I'm still grinding, Grinding all my life, all my life Grinding all my life. Sacrifice, Hustle paid a price. And don't forget to check out bitcoinnewsalerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Hoddle.