crazy things have been happening in crypto I need to show you the last 24 hours have been crazy talked to a Haley Welch broke down into tears while breaking her silence talking about her alleged rug Pull It was supposed to be like a what they call it a long-term coin and I feel really bad for all the people that got affected by it my God I'm going to cry no don't cry don't cry bar stool Sports Dave pornoy says he is happily getting into meme coins and you should stop crying about it and there's a
lot of what's big b d dud shut the up Bitcoin Magazine's David Bailey says he met with Trump last night and the Strategic Bitcoin Reserve is happening but first before we go any further we need to address the elephant in the room Bitcoin is consolidating above 90k yet nearly all of my timeline is bearish smash the like button here at altcoin Daily you subscribe because we keep you informed on everything going on in crypto on a daily basis before we get into the really juicy stuff I need to reorient you so you see that a
paradigm shift around crypto is happening how can you possibly be bearish on crypto right now the momentum is undeniable the US now has a crypto Zar overseeing policy the SEC formed a pro crypto working group led by Hester pierce the Strategic Bitcoin Reserve Bill aims to establish clear regulations Senator Lumis a Bitcoin Advocate is leading key financial committees Senator Haggard just proposed stable coin legislation bringing more clarity Sab 121 was overturned removing a major road block for banks to hold crypto Trump is launching tokens and openly supporting crypto spot Bitcoin and ethereum ETFs are live
with massive institutional inflows more ETFs are coming expect salana and Beyond tokenization of real world assets is booming with black rock leading the charge major Banks and hedge funds are integrating crypto at an un precedented Pace stable coins are reshaping Global Finance with trillions in transaction volume legislation is coming regulation is Shifting institutional adoption is accelerating still bearish we're on the day chart for Bitcoin right now I want to switch to the month chart and you know what this time right here kind of reminds me of in the context of past Bitcoin Cycles where we
are today reminds me of like around this time or this time in 2017 the pump then consolidation and hopefully a further pump how can you not see that crypto is about to enter its next chapter and a paradigm shift in the US and around the world that's happening now breaking news cftc is launching a new CEO Forum to discuss digital assets with crypto industry leaders major crypto firms like coinbase Ripple Circle crypto.com are set to participate this is huge the Super Bowl is tomorrow what crypto commercials are we going to see now the wallet Phantom
did like this post and Phantom doesn't follow me so maybe we're going to see a phantom Super Bowl commercial tomorrow Hong Kong officially recognizes Bitcoin and ethereum for proof of investment to apply for residency Bitcoin and ethereum crypto at large is being integrated into societies around the world we have 22 States now all gearing up for their own Bitcoin strategic reserve on a state level and betting odds that Trump will Implement a strategic Bitcoin reserve on the national level are over 50% with different industry leaders coming together saying yes we do think a Bitcoin strategic
reserve for the US would be a great idea and I'd expect this to get more coverage David Bailey who basically introduced the Trump campaign to bitcoin and has been instrumental in Trump's foray into crypto he says seeing president Trump tonight that was last night should we talk about the Strategic Bitcoin Reserve or bit bonds which is another way that the US can get into Bitcoin and and then later and this is amazing he said shielded Bitcoin so hard last night I woke up to texts from two different ambassadors telling me they aped in the revolution
cannot be stopped he also said lutnick sax Lumis bessent are the Dream Team he goes has anybody run the numbers on what we need Bitcoin to do in order to pay off the national debt asking for a friend who knows maybe we'll pay off our 35 trillion doll hand him a little crypto check right we'll hand him a little Bitcoin and wipe out our 35 trillion dollar but how do you want it to you know I think there's a lot of upside left and I agree with Michael sailor when he says this and my last
point to you you do not sell your Bitcoin thank you let's get to the other side of the coin when it comes to the state of the industry breaking news the crypto industry is about to hit 11 million coins and tokens according to coin market cap I remember when this number was 3,000 then 5,000 then 9,000 and now it's Millions so let's talk about some of the things we're seeing Hawk Tua Haley welz girl breaks silence on her meme coin Scandal claiming she was Miss lad now you remember originally Haley Welch said she was going
to sleep hey guys I had to interrupt you Nick hello there but any who I'm going to go to bed and I'll see you guys tomorrow okay um well she recorded a podcast with FaZe Banks and they talked about it but then you know certain stuff happened so they never released it but Clips were still released it's a whole thing now we did get this clip of her directly addressing the situation Haley Welch broke down in tears while talking about the alleged rug pull of her coin I'm not sure what to make of this let's
listen you tell me in the comments what you make of this I want to start by saying thank you to all my true fans and all the people that actually watch my stuff and they keep up with me um we're trying to sort out all the pieces and stuff to like get all this figured out and make everything right oh my God I'm going to cry no don't cry don't cry don't cry everything's going to be good we're going to be good you just you're adorable it's going to be okay well so basically how this
idea got brought to me it was supposed to be like a what they call a long-term coin and the guy that ran the account he was like oh we're going to change like the way everybody thinks of crypto crypto is going to be a good place and I feel really bad for all the people that got affected by it and it just didn't go the way I planned and all the money out of this episode's getting donated to all the animals that have been affected by the fires up here and I'll match it me Ricky
I'll match it whatever and then Dave Porto also getting heat for this saying he's happily jumping into meme coins and you should stop crying about it this is a two-minute video but a lot of people are replying to him this is getting a lot of Engagement again you tell me what you think all right uh uh real quick video I just got out of meetings my shitcoin exploration I bought two shitcoins I bought bought uh the Montoya run Montoya and I bought Josh Allen MVP and there's a lot of what's big b d dude shut
the [ __ ] up all you [ __ ] Corners meme Corners shut the [ __ ] up all right I told you what I'm doing I said I'm going to buy the coins and I'm going to [ __ ] dump them all right I'm trying to make money like every other of you [ __ ] on the [ __ ] meme coin shitcoin trip I just spent I don't care I'm mad this isn't my own coin if I launch my own coin put my name on it trust me I'm going to make sure I
don't get [ __ ] scammed I'm not going to rug pull I'm not going to dump I'm not going to do any of that [ __ ] these are other coins that are already out there that I'm telling you I bought and you know what I'm doing I'm trying to make money it pops I sell it when I feel like it it's like the Rocket game it's the yodler on The Price is Right yod and how high it goes and when you want to get out it's a risk and every one of you mother is
buying these coins know the rest so when you cry oh da dumped your da sold this coins you're just mad you didn't dump them on [ __ ] me you little [ __ ] so stop crying everyone knows the rest this isn't like Joe sixpack or or or your grandmother who's losing their life savings this is everybody playing the same game which is legal now they're their Collectibles their Hobbies they're going up and down sack said it or all know the score so don't cry when you I've lost tons of money on [ __ ]
coins don't cry because you're too late it's the yod game yod and you just don't want to be holding the bag when the Yoder stops singing so don't cry to me you don't want to [ __ ] get involved don't buy the [ __ ] coins you want to try to make a quick Buck playing the game we're all playing in shitcoin World buy the coins and get out before the yoler stops doing this Yol I made 70 grand I put in 10 I made 70 am I happy about it yeah am I mad that
you're crying about about it no you know the score you played the game you lost some of you guys won that's how it goes let me give you my thoughts because while it is true there are so many random coins being created nowadays on the other side of that coin there are so many legit projects in the space doing real things and I think eventually we're going to see protocols that are generating real revenue and have real Partnerships rise to the top coinbase has a venture arm where they invest in different cryptocurrency projects the head
of coinbase's venture arm just disclosed exactly what type of projects they're investing in in 2025 and Beyond I thought this was interesting Alpha our approach has always been focus on talent and technology and we take a very long-term view we've invested consistently through the ups and the Downs of crypto markets when it's in favor out of favor within the zis so I do think it's going to be a banner year for crypto startup formation and funding as these paths on regulatory clarity unlock uh so I wouldn't say our strategy is really shifting but the net
net of the setup is that more exceptional Founders and talent will be coming to the space and that's more opportunities for us to find them and back them I know you mentioned that a more Pro crypto Washington would be a good thing with respect to recruiting fresh talent but how are you thinking about your investment Focus areas for 2025 I'll give you some of the areas where we're spending a lot of time and we're seeing some of those breast best and brightest Minds uh getting of sense of spending their nights and weekends so one we
mentioned already stable coin uh we're seeing an explosion of startups and quality Founders who are working on different areas of the payment processing stack and pushing more stable coin adoptions we're spending a lot of time there a second one which we've spoken about before is the intersection of crypto and ai ai is changing everything crypto is no exception we believe that we're moving to an AI agent economy and crypto and onchain rails are going to play a huge part of that a third area we're spending a lot of time is at the evolution of Defi
and decentralized finance so an example would be one of our portfolio companies morpo which we recently partnered with to bring onchain borrow and lending capabilities to coinbase users we're going to see a lot more of these di Primitives be made much more easily accessible for mainstream users and showing up in everyday applications and the last area is broadly onchain consumer applications so everything from prediction markets gaming loyalty social all the infrastructure Primitives that we've been working out over the past several years are at a place where we can finally see some internet scale consumer applications
and there's a ton of building and experimentation happening there Black Rock has increased their stake in Michael sailor's company strategy from 4% to 5% Black Rock still really bullish saying if everybody just thought like him Bitcoin would be at 700,000 and let me tell you this kind of public talk makes a lot of people think like him the question is could you see a two or 5% allocation I was with a sovereign wealth fund during this week and that was a conversation should we have a 2% allocation should we have a 5% allocation if everybody
adopted that conversation but you know it would be 500,000 600,000 700,000 per Bitcoin so that's what's going on in crypto today let me tell you the sentiment and the vibe of crypto markets right now it's not that different from so many times in past Bitcoin history and again I I tell you it's not timing the market it's time in the market anybody who's been with us for years is doing well because we had money in the Market at many different points if not every Point whenever you got in around here and the market has risen
so subscribe to us on YouTube follow us on Twitter I say that this is a great time to buy quality projects cuz the sentiment is so bad crypto is entering a Renaissance I am bullish and it is actually bullish the sentiment is so bad yet Bitcoin is so high so guys you know stick with it and I'll see you tomorrow
