US Crypto TAKEOVER (Bitcoin Reserve Begins)

SPEAKER_1 (0:00)

Oh, my God, this system is acting wild. I got too many tabs up, too much on my mind to talk about. Welcome to Discover Crypto. Good morning, one. Good morning, all. What a week. What a week we have had. The Clarity Act failed. The SEC has stepped in like the absolute savages that Paul Atkins is, giving us the exemptions to build here in the United States. The US crypto takeover is not starting. And we have some other news about the Bitcoin Strategic Reserve coming down the pipeline, actually moving forward.

And a lot of our favorite alt coins are absolutely ripping. We are feeling good. I'm feeling fantastic. Feeling a little frisky. And I got my man, the myth, the legend, Mr. Kelly Kellum with me on the show. Good to see you, man. How are you doing?

Kelly Kellum (0:46)

You know, my dog is keeping me active, making sure I walk her 47 and a half times a day and take her to the dog park. But got to break away from these charts sometimes. I just want to let everybody know it's exciting and frustrating and hope and fear. All the things that wrap into these markets, you got to make sure you're keeping your life balanced and stand on track of the relationships and the loved ones and the activity and self-care and all those things in your life. But hey, I picked up a little bit. I made a pretty big stab at the at an altcoin yesterday in the chop dip, right literally like two minutes before the decision came out. And I'll show you what I bought and where I bought it.

Why I bought it here in a little bit. But yeah, dude, we got some really, really big things developing in the charts. And also in the back end, SEC making some big swings. We'll talk about that here in a sec.

SPEAKER_1 (1:36)

Absolutely. And the markets are feeling good. Bitcoin is up by 1.6 percent, right around $77,000 right now. Ethereum cooked back up to that $2,500 mark. And as I said, some of the biggest gainers, a lot of the biggest gainers have actually been channeled. PIX recently Uniswap, Nier Protocol, Lighter, Aerodrome, Zcash, even though it's got its own things with me, I've acknowledged the charts. And all five of the top gainers right now are some of our favorite projects, Venice. I know TJ is out there celebrating about Venice token right now. Cooking back up to the $25 mark. Now this one kind of chaotic, and I was thinking about it yesterday, Ondo, I was looking at the chart yesterday. It's still stuck under the 50 cent mark, obviously. It's 37 cents, but over the last 24 hours, it's up by 12.9. Canton making a move back up. A lot of fun being had on the markets right now.

And I got a lot on my mind. I got a lot on my mind. I put out a video last night about just my own economic thesis about stagflation that I think won't be talked about until a few years from now. So if you get a chance, go check out that video. It's a lot of years of research and a lot of verification of what I've been thinking about.

And it's starting to play out in real time with inflation, with the Fed and all the movements that we've seen recently in Bitcoin. Even though yesterday had some fireworks, over the course of this morning, I mean, it seems like we're just grinding up into the ride. This is the Federal Reserve meeting right here. And this is the good old-fashioned get off my lawn chart pattern. What did you call it yesterday in chat, Kelly? You had a name for this, these candles that we were seeing the liquidation hunt during the FOMC just whipsawing up and down up to 76.4, down to 74.9. We tapped 74.9 a few times.

Kelly Kellum (3:26)

I mean, it was just max liquidation hunt candles. You could see it, especially if you're on like, look at that on like the 15-minute. It's just giant wick up, giant wick down, comes back to center, and it's just like, it's just an absolute, look at those wicks to the upside, wicks to the downside. They're literally just taking advantage of the hope and fear in the market. And I took advantage of the fear in the market by buying in that swing, because I want to tell you why, despite any bullish divergences, despite all those other things that added to the reason why I was going to buy, because the hike yesterday was telegraphed. It was over a 90% odds that it was going to be a rate hike. The market understood it was going to be a rate hike. So if you get a rate hike, the market's most likely not going to dump because there's something that it knows is going to come. So it's like, okay, you're going to scare some people, people who have fear selling, cool. I'm a buyer, baby.