Climbing the mountain, Bitcoin inches closer to 100K as markets anticipate potential US trade deals. Can it hit six figures this week? Altcoin season incoming. Alts also enjoy a strong week with excitement around the token 2049 conference sparking hopes of a resurgence. Are we so back or just huffing on? Good, bad, and ugly. Staying with altcoins, we look at those that might be about to shine, those that are struggling, and some that are just a downright mess. And a look at last week’s top performing cryptos, tweets of the week, heroes and villains, coins to watch, and much more besides. This is the Coin Bureau News Live. GM one and all. Happy Monday and that means it’s time for your weekly dose of the Coin Bureau crypto news live coming to you from Dubai. My name is Nick. His name is Guy Guy. Well remembered. Well know it’s hard to it’s easy to forget sometimes. You know sometimes sometimes it’s it’s a long and complicated name. Very very as we’re going to find out it’s going to have to be changed to the Coin Bureau digital asset news. Yes, of course. Because fairly soon you guys will find out why. But yeah, man. Happy Monday. you you survived last week. So I’ve got shenanigans this week. Yeah. So last week was the token 2049 conference in Dubai uh with all the so basically the whole industry flew in. Um it was great to see some old friends uh make some new friends and generally just sort of be adjacent to the industry at its most degenerate divorced and degenerate. So, we’ve got a lot of stuff to talk about about the event as well, as well as, of course, a lot of topics for this week’s news, including whether we’re going to be hitting 100K this week, Bitcoin’s price. I believe the poll right now, it’s about 50/50 between you guys, whether we could hit that hallowed 100k level one more time and hopefully not down again. Um, altcoin season in, can we mention altcoin season? Is that a forbidden word yet? Well, I mean, now that you’ve now that you’ve done it, the genie is out of that gen, you know. could we potentially be just just entertaining it a little bit and then of course some altcoins well some that are moving some that aren’t moving and some that are going backward. So of course guys we’ll dive right in but let us first of all hit that subscribe button and the likes and uh yeah let us know in the comments how you feeling. Let the sentiment be known so we can come back for a sentiment check somewhere through the stream. Yes, very important. This is what I base all my decisions on. how the Coin Bureau live viewers are feeling about that. Generally quite good. Yeah, at the market sentiment. Cool. So, let’s just jump jump right in with the Bitcoin price. Now, uh let’s quickly roll back to last week to go through uh last week for a bit more information and see exactly what it happened because it wasn’t indeed a very busy week. Uh so first of all we started last week Monday with Sailor buying again as usual as is as is expected but this time he actually emptied the clip in terms of all remaining funds that they had from the at the money offer the ATM stock offering. So what he bought what $1.4 billion worth of Bitcoin um and if you the next chart here we have from K33 you’ll see that has completely uh uh emptied the clip on the ATM offering of this stock. So, you know, the 21-21 plan, 21 billion in debt, 21 billion in stock that was offered and it’s all out. He spent all his pocket money on Bitcoin. All the Well, yeah, exactly. Strategies pocket money issued from the shares. Okay. Um, of course, that led to a rally in Bitcoin’s price up to 95K and we just almost closed above it last week, Monday. Critical level. Um, so that’s that’s okay. Which was the level that you were targeting, right? Exactly. Targeting for that day to continue the rally. Mhm. Tuesday, we remained stuck at 95K. Unfortunately, uh the markets were not swayed. Well, fortunately, the markets were not swayed by the defeat of the probitcoin candidate in Canada. This is Yeah, this this is an amazing story, isn’t it? Because this guy, Pierre Polyvra, right? This guy was absolute shu. I mean, they basically given him the keys to wherever it is the prime minister of Canada lives. And and didn’t he lose his seat? Sussex house in Ottawa. Yeah, that’s where they live. Um, random factoid for you. Well, you come for the crypto. He stayed for the Canadian political political. Yeah. Um he was issuing 80% but it’s yeah he and it just completely changed with the central banker took on the mantle away from Mr. Trudeau. Any who there was also a slew of economic data. There were waiting a slew of economic data on Wednesday which it was there were two very important prints on Wednesday. Uh the first was on uh the GDP print that came out. Um and it was actually a decline of 0.3% versus an expected uh 0.4% growth. So we’ve got the first quarter of GDP negative GDP growth. Markets of course fell on that. Okay, one more and do you know what we got? That’s a technical recession guy indeed. Everyone’s watching the next quarter although there was some questions around the calculation of the GDP number imports large surge in imports which could have led to that. But I mean it’s not much of a decline in the grand scheme of things. Oh, no. No. Okay. Uh, we also had PCE numbers, right? Yep. The personal consumption expenditures index, the Fed’s preferred inflation measure coming in at well slightly a higher on the headliner number, but uh in line with expectations at core. Okay. But that basically cemented the not only we not seeing a rate cut in May or today, this this week, but also the probabilities for the rate cut in June completely shifted. Wow. So now there’s about a 65% chance of no rate cuts in June. Okay. Gosh. So that that rate that next rate cut just gets gets pushed back. Pushed back and back. Some would say it won’t even come. Some would say it won’t come this year and some, you know, despite what Trump says about Pal seems to be standing, you know, steadfast. Let’s see what he It’ll be interesting to see what he says at the press conference um after the after the meeting. You think he’s going to throw some shade at at Trump with some Fed speak in some Fed speak? Yeah. Yeah, I kind of think there’ll be a dig at everything in the most in the most sort of bland and roundabout way possible. But uh yeah, I think I think a lot of people will be watching that closely. Yep. Uh Thursday we had jobless claims. They were slightly higher than expected. Uh so we started the day with a bit of a rally up to 96k and now that I think was driven by speaking of Sailor Mhm. uh there they had their earnings call on on Thursday and in that earnings call one they announced they had reported a $4.2 billion loss on their Bitcoin holdings in Q1 but that did not deter Sailor because he said yeah I know we report a $4.2 billion loss but we’re still going to be raising another $21 billion of at the money market stock offerings to buy more Bitcoin. Okay. You just you just can’t get a good man down. You got what a legend. Um and this is also despite all of the competition we see from all of the um uh despite all the competition we see from all of the other companies that run in the same playbook. Yeah. So um Jack Malers is is the new CEO of one that’s been I mean uh actually specially set up just to buy Bitcoin, just to become a Bitcoin holding company. They don’t even have a boring software business attached. Yeah. Just straight up. We don’t even care about it. We’re not giving the allure of any sort of company. this is purely an SB or vehicle that’s going to be accumulating Bitcoin. Yeah. So that was that. Um Friday we had NFP numbers come out and they were actually slightly higher than expected. So this was a positive upside surprise and uh we ended at the week just at 97K. Just just unfortunately couldn’t break it. Knocking at the door. Knocking at the door. Yeah. Friday was one of those days when uh I I mean it was quite a busy day on Friday, wasn’t it? There was a lot going on. But I was checking Coin Gecko a lot that day cuz I really thought maybe we could get through that 100 100k barrier. It was like it was one of those sort of checking co um coin gecko every sort of 15 minutes sort of thing. No, unfortunately we couldn’t make it yet. But um anyways, the ETF flows last week were very strong. Uh so another $1.8 billion in total over the week. I think that’s at least three consecutive weeks now of positive flows. Exactly. Yeah. and um strong strong only one day of outflows. Mhm. Uh and then also in terms of the options markets, they look in bullish. This is the skew which is the difference between the price of puts versus calls struck at this 25 delta which basically shows that calls are increasing in price relative to puts. Therefore, people are more bullish. They’re buying paying more to buy calls i.e. upside exposure to Bitcoin. Okay. So, what might be next then Nick? Well, starting at the well, this week first of all, starting at the top of the stream indeed. Again, we did have Sailor true to form a mere $180 million. Come on, lad. What’s What’s going on here? That What is that? Bitcoin accumulation for ants. Zooland reference. Okay, so thanks for gen Z audience maybe. Like they don’t even know that. I don’t think our audience is Gen Z, are they? I think they’re mostly Well, there’s some. We can’t leave the not knowing what the joke is, bro. Okay, but uh yeah, it was a little little bit, but he bought some. I think he still needs to raise. They need to complete that $21 billion ATM stock offering to get more uh bit cash to accumulate. Mhm. Today, we could also potentially get news of the uh strategic Bitcoin reserve. Uh and if you recall, we had that there was the um executive order in March, and they said within 60 days, they would have a plan. and the Treasury would have a plan in terms of how you would accumulate Bitcoin via um budget neutral methods. Yeah. And well, we could, but I don’t I don’t think that’s a top priority for the Treasury right now. We’ll see. You mean you don’t think we’re going to get an announcement on this today? I don’t know. I mean, I think the I mean, do you think they put as much weight on it as we do? I mean, um hopefully Sax, David Sachs can do something, but we’ll see. Let’s see. Yeah. Yeah. I think we might be a little way away from that. Okay. So um also on the subject of SBS uh obviously as well as the federal government um various US states are also debating this. Unfortunately Arizona um vetoed uh their um uh their Bitcoin um reserve. Uh apparently Arizonans retirement funds are not the place for the for the state to try untested investments like virtual currency. Oh man, too bad. Too bad for them and they’re going to watch their retirement uh funds get inflated away every single year. Too bad for them. Have fun staying for retired Arizonans. There you go, guys. Um but lots of other states are do still have um proposals in progress. As you can see from this map here, it’s only that corner of the sort central north that has given up the ghost entirely. Okay. What about liquidity pools? Yeah, I know. You know, I love my liquidity pools. They’re my second favorite kind of pool. Um so just I wanted to quickly show you some look at a more like price action where we could go this week. This is um the liquidity pools. Essentially, it shows that there’s a lot of liquidity down just below the current price level uh between the 91 to 93K range, which means that market makers could try and push prices lower to get those get that liquidity. And then, but there is still a great deal of uh hot liquidity pools above between 98 to 100K, which means 100K still could act as that magnet, that that that magnet. Um, I will also point out that Mik Fapa, one of our our friends over here, he was in Dubai last week, right? And we were on a panel with him and he was also on the coin bureau trading channel a few times as a guest. He also says that um we could potentially have this pref correction and then you could potentially look at uh buyers at 91.5 to 92.5K. So it kind of corroborate uh it kind of aligns with the analysis and the liquidity pools I just showed. Very nice guy, Michael. Very nice. Yeah, exactly. Um, and then uh one more thing to note, there was a small uh CME gap that opened up overnight uh from in that range about 97 to 95K, which basically if CME gaps are usually closed about 90% of the time. So, we could potentially come up and close it, which is further evidence to the fact that we could potentially head to that 100K level. Um, but I will of course refer you if you want if you guys want to get trading analysis daily. Uh, check out the Coin Bureau trading channel. Dan just did a video today. And we actually also have a video on the more Coin Bureau channel. Speaking of the trading hosts, um, Aaron did a video that included uh uh input from all all of us, including Dan around portfolio construction, choosing altcoins and everything. Really insightful video. So, I will refer you guys to that video. And of course, you can subscribe to the MC Coin Bureau using this QR code right over here. There we go. There we are. Uh yeah, check it out for uh Crypto’s version of the Beatles. Yeah. Um what what an awesome foresome that was. Yeah. What an awesome thumbnail. Yeah. Okay. Uh do you want a sentiment check from how people are doing in the comments? The comments are quite lively today. Um guy looked like he was woken from the dead on the portfolio video. And Brett, I look like that every day just just so as you know. Um, well, he was just working from it. Yeah. I mean, yeah. He just looked at his portfolio and he’s like, “Oh, oh, here we go again.” Um, Vivec unfortunately is bearish. Uh, there will be no alt season this cycle. Uh, he reckons BTC and AI season. That’s it. Well, well, AI are an alt, so it’s the all comes down to the definition of what Yeah. Are we the alt season definition needs to change? Very true. The wonderfully named Joey Fresh. This is my favorite name along with Nikki Bat. Uh Joey Fresh says BTC to 60K this week. Chill out, Joey. Bro, wow. What’s going on? Yeah, man. Um Kranskinator is asking uh is CB following the scrap going on with Bitcoin in regards to Bitcoin core and knots? Uh we are. Yes, we’re going to talk about that a little bit uh later on. We’re actually working on a video about that because that is a very interesting um yes, scrap is about the word for it. Um so yeah, we will talk about that. We are aware of that. Um let’s see. Cardano Green has woken up on the right side of the bed today. That’s what we like to see. Um are you guys being acquired by Digital Asset Group? Yes, Rob is in talks to take us over. Rob is we we we going back and forth with a term sheet. Yeah. You know, um so Rob is Rob is a powerful man. He’s very difficult to say no to. Uh meanwhile, Bulldog, the aptly named Bulldog says 110K soon. So, you know, according to the comments, we’re going to be in a range between 60K and 110 and anywhere in between. Yep. That is a heck of a spread. Um cutting chai. Now, this is an interesting comment. Weddednesday is the first conclave could be the beginning of a rally. So, this is the papal conclave I think he’s talking about to choose the next pope. Um I cutting chai I am very interested to know why that might spark a rally. I mean I can I can I see the technical analysis on that? Yeah. Is there I mean it could be good for Pin I guess if there is such a thing. I think there was there was that did actually rally on the the death of his you know his holiness his holiness. Okay. Well yeah I I’m not sure I don’t know. I’m I’m not sure crypto bros are paying enough attention to get excited about uh about the conclave but you know maybe unless Trump becomes the pope. He did share an AI generated image of himself as the pope. I think someone on one of these betting platforms actually won a lot of money because they bet yes that Trump nominates himself for pope and uh yeah um it was shared on the White House Twitter account as well. Obviously what what a time we live in. Um Sean Berg also says Michael Sailor for Pope. Certainly the certainly the Bitcoin pope I think. Yeah. Okay. Let’s move on. Um oh and by the way if you uh if you guys hang on till the end of the stream then we uh we will give you some of our feedback from token 2049 the conference that was obviously on in Dubai last week. But before we get to that, Nick, when all season? When season or if alt season? If season. If at all. Can it be? Can it Can we Can we see an old season starting at some point? Maybe. Possibly. Could we? We love that meme, don’t you? I love my Pokemon. I do have it framed in my wall. Yes, I am a Pokemon fan. Yes, indeed. Okay. Well, speculation around alts. Obviously, last week, uh, Bitcoin had a good week, but some alts did pretty well as well. Now this might have been uh excitement around the conference and other things but um it is interesting to see that some have started speculating. Here’s the others chart. Now others is everything outside of the top 10. Correct. It’s been going up recently over the past two weeks. And as you mentioned we’ve also seen rallies in some top tier alts obviously the likes of Swede, Salana, Hyperliquid um and uh a few others virtuals which we’ll get on to in a bit. Um but uh I still think we personally quite far away from any sort of concept of an altcoin season, at least that which we’ve seen in the 2017 and 2021 cycle. So I broke this down in a in a relatively concise tweet thread or tweet uh last week and I’ll go through some of the main points to it. Um so for one one of the check boxes that is checked is old seasons often start 320 days about 320 days after the Bitcoin h havinging and that time has now been reached. Okay. So that’s good. However the Fed still hasn’t pivoted yet. QT is still continuing. We don’t expect to see any rate cuts at least for the next two months. So that therefore doesn’t look too good on the liquidity front. Yeah. However, global liquidity is improving. Um now cryp crypto usually lags global liquidity by about 12 weeks so sort of 3 months. Um and we’ve got yeah we’ve got a chart of that liquidity lag there. Um so liquidity is improving. Uh people like Ral Powell have been talking about this a lot. There were a couple of presentations that he did at token where he was talking about how um liquidity and you know risk assets track liquidity very closely. So there’s that. There’s that. But unfortunately Bitcoin dominance is not going anywhere. Hey, look at the look at that chart. It’s still climbing. You know, they say it’s it’s a unstoppable force uh unfortunately right now. And generally, one of the most accepted uh definitions of all term the requirements for an altcoin season is Bitcoin dominance, you know, reversing course, right? Because then it’s moving to altcoin dominance. Yeah. So, Ben Cowan is still a happy man. Bitcoin dominance continues to climb. Um something else that’s climbing though is stable coin supply. Now, that is a fairly sort of low-key bullish signal, but like you know the the more stable coins means more liquidity, dry powder. Yeah, exactly. Dry powder to come into it. Altcoin volume is high though it’s mostly just speculative churn around a few different narratives and no real strong conviction. Yeah, there’s a lot of rotation, isn’t there? There’s a lot of, you know, you see these pumps, they might last a day, they might last a few days, but what I’ve noticed is if you if you always look at the um top gainers and losers section on Coin Gecko, quite often a top gainer one day will be a top loser the next. And that’s something I’ve been noticing a lot over the past few months. So, yeah, these these rallies are short-lived. This capital is very mobile. Yeah, very indeed. Um very mercenary. Um developer activity is this is interesting. developer activity is at its lowest level since January 2021. Yeah. Okay. Not looking good. We I think both spoke to a few people a few people on the sort of development side of things last week and quite a few of them were the the general sense was morale was a bit low in the developer community mostly because of meme coins. Right. Well, mostly. Exactly. I mean, imagine if you spend your your waking hour every day, you know, going and putting on like writing hundreds of lines of codes to build a utopian utility project that’s going to solve the world’s problems and then your your project’s market cap is completely overshadowed by Fcoin. Kind of like, okay, um I should have just uh put all those hours in just buying some Fcoin and I would have been a lot richer. But yeah, that’s the sentiment. Um and also there’s a lot of token unlocks that have come. We’ve seen a lot of spam tokens and obviously this leads to the question of just general altcoin dilution which we’ve talked about quite a few times. Yeah. Um and finally there’s that there’s that big old elephant in the room if you like retail interest. It is still not there. We saw a bit of a spike recently but it Google trends, Google search trends, social metrics are low. I think near sort of alltime lows really. Yeah, exactly. Not not moving anywhere. So I guess then yeah, what do you think? altcoin season anytime soon or is it more just not necessarily what we’ve termed in the past altcoin season just a Well, like I say, like I’ve said before, I think this idea of an across the board altcoin season, you know, where everything goes crazy. You’re right there, Zara. Our production desk is having a melt. This is very disconcerting. I think you know it’s just I mean it’s not possible for everything to cut. I think even if retail arrived in force there, it is just it would just be impossible for there to be enough capital flowing into the market to pump everything. Hence why I think we’re going to see these localized pumps. Hopefully the uh the whole market will get a lift. Um and you know, a lot of these altcoin positions that are underwater at the moment will get sort of, you know, lifted above the water line. But in terms of everything, you know, doing 10 tens of X’s a day, it’s I just I just don’t think it’s possible. Well, the amount of capital just isn’t going to be there to do that. So, what that means is, I think, paying even closer attention, um, jumping on, you know, being very aware of what’s pumping and being mindful that said pump probably won’t last very long. Yeah, it’s a rising tide, but it won’t lift all boats. Here we go. Here we go. Okay, time for the wall of fame and shame. [Music] Actually, frizz my hair. That would look pretty cool. That would look cool. That would be cool. Get 70s vibes going. Let us know in the comments. Oh my god. Why, dude? I don’t know who comes out worse from that. Jeez. I No, bro. Seriously. Oh my word. Oh my word. Go back to the nice dancing. That was That was good. Why is it that we’ve now Why Why is we’ve now moved away from me doing AI images of humans and now you’ve made me a bloody donkey? Why is it now going to be animals again? Is that now the Definitely a low point for Nick there. I’m I’m pleased that you guys have just witnessed quite a moment in Nick’s career. I think this might be one of the lowest EBS he’s ever been at. Fantastic. Okay. Um well, let’s get past that quickly. Who is on the wall of fame, Nick? Quickly so as we can get our fans. Our lovely fans. the fans who came to meet us at Token and the on the conference floor at some of the and our obviously our Royal Night of Legends, our side event, including one who actually flew in from Hong Kong just for our side event. Yeah, shout out to Lucy. Lucy indeed. You’re the real one MVP there. Um but you know, just generally all the fans who came up and talked to us and um it was it’s always invigorating to hear from people and our viewers IRL how much the content means to them. So yeah, thank you to all of you. You guys are all legends. Yeah, and yeah, it really I can echo that. It really is lovely to talk to people and hear that they enjoy the channel, that they enjoy our content, and just be reminded what lovely people our our fans are. Um, especially in the flesh because, funnily enough, no one came up to me to tell me that I’d uh put on a bit of timber uh and was looking a little tubby these days. No, but that wouldn’t tell you to your face, but they did tell me in secret behind your back. Oh, I see. They You got to tell guy I’ve got a great workout for him. you know, he’s got a diet plan. Should I suggest it to him? Like, okay. Um, yeah. So, people came and had a word a word in your ear. Um, and yes, that picture taken um taken Yeah. the Royal Night with Legends at Nou by the Beach at Royal Atlantis, you know. Yeah. I mean, I’m I’m there sort of most we can, but it was still very special. That was okay. I mean, give our fans something that we get all the time, you know. Yeah. Okay, Nick, who’s on the wall of shame? Which which so is on the wall of shame? There he is. Mr. Portoi. Very good impression. Very good impression. Thank you. Yeah. So he launched So what what the TLDDR is he launched 21 meme coins or promoted 21 meme coins that were all named after horses in the Kentucky Derby. Yes. Yes. Um yeah, the Kentucky Derby derby uh was run at the weekend and yeah um uh a meme coin for each one. So there 21 rugs in one tweet. One tweet didn’t even waste his time with more than one tweet. It’s like probably just got a K deal all all in one package. I mean okay folks I want you to let me know in the comments but this is not Mr. Portoy’s first appearance on the wall of shame. And I’m going to table a proposal now. I think we should put him permanently on the wall of shame because he has disgraced himself on multiple occasions now. So, um, let us know in the comments if Dave Portoy should join Hayden Davis, SBF, and Kim Jong-un on the, uh, on the permanent permanent rogues gallery down there. Um, but, uh, yeah, Elevated Vibration says yes. So, there we are. Let us know. All right, that was the wall of fame and shame. Let’s talk now about the good, the bad, and the ugly of Exactly. So, in the good corner, we’ve got Salana. Now Salana has been having it’s had a lot of updates over the past two three weeks and price action has been quite uh supported. Um for example we’ve had seen Salana has held the $140 support level for a week and it’s the first uh in more than two months and it’s highlighting traders growing confidence. We’ve also seen a surge in open interest futures open interest which shows in uh obviously bullish sentiment for Salana. We’ve also seen another interesting metric. This is from the founder of Alliance Dow and he’s revealed that Ethereum has been losing founder interest uh for 30 consecutive months and that um although they’re now neck and neck in terms of where founders choose to build, Salana is definitely the one that’s uh um got the momentum behind it and this is interesting because where where people are choosing to build. Yeah. Um but uh just a quick update uh overwhelming consensus that Port Noi should get permanent on the wall of shame. So uh congratulations your wish is our command. Um but yes back to Salana. So yeah it’s there definitely seems to be a lot of momentum behind Salana as you say stable coin volumes going up as well. um Salana I guess I mean the big question around it is after the memecoin you know the collapse of the sort of memecoin casino is Salana’s you know raison on detra gone um and what is what is going to take the place of memecoins as the network sort of USP yeah well I mean that could be PayFi right and stable coins so obviously we’ve done we’ve talked about payi quite a few times there’s a lot of integrations going on for payments with Paul Salana we talked the stable coin volume you just mentioned. So there’s a lot of that potentially utility for Salana and the Salana network. Um institutional adoption potentially as well and accumulation. There’s the Bloomberg Intelligence has raised the ETF odds on Salana to 90%. Uh so that’s one thing. Um there’s a futures product now. There’s a futures product on Coinbase and a CME as well I think. Um there as of April 30th there are six asset managers that are filing for ETF applications for Salana. Okay. Um, and also, you know, the question about memes being dead, uh, they’re still not. They’re pretty strong. They’re still strong. The the, uh, trenches are still full of people gambling on this stuff. Yeah. I mean, the sentiment and interest is still there. And even smart money says that the memecoin super the uh, the meme coins despite end of super cycle. So, they’re still hunting for it. Okay. Smart money, eh? Well, I mean, it’s at the end of the day, if you’re you’re smarter than the person who’s in the trenches, right? kind of snip in that they mean snipers I assume, right? Yeah, I guess so. So, yeah. So, there is still there is I think it feels like um momentum for Salana and and sort of mind share is starting to kind of reather. Obviously, Soul itself has performed pretty well. Uh it was interesting to see it I think it was a couple of weeks ago dip under $100 because I’d seen a lot of conversations on crypto Twitter sort of saying well if it goes below that floor is there any support beneath $100 for soul and I I thought that was a good question really because I think you know that could have been a moment where people lost faith. Um it dipped below $100 and uh wicked straight back up again. I think there was there was demand there was definitely demand uh for soul at that price. I had um I had a buy order set at 96. There we go, man. That was You single-handedly saved the salon. Just you single-handedly did the inverse guy. Well done. You’re welcome, man. Let’s You are welcome. Um we should also point out that because we’re working on a video about this, but um obviously Micro Strategy and uh the Bitcoin playbook, there are now actually a number of companies stacking soul. Exactly. uh and also issuing shares and debt to stack soul and run the micro strategy or strategy playbook and just accumulate all amounts of soul. And I will note that they it’s not ETH, it’s soul that they’re looking at. So speaking of ETH, it’s time for the bad. The bad the the we went from the good to the bad. Now ETH, at least ETH is running. It’s just not in the right direction. Um um but yeah. Uh so I mean with headlines like this can you one can one blame you know the sentiment around Ethereum? Yeah. Yeah. It really like every even I mean it’s interesting isn’t it because obviously you got decrypt which is cryptonative publication but also you know sort of trfy publications are kind of picking up on this terrible sentiment around Ethereum. How apt to have Ethereum’s wos in the mly fool guy. You’re a mottly fool. Thank you Nick. Thank you. Yes. Yes. Um, anyways, I mean, looking at price action, especially as it relates to BTC, that chart looks like it’s t it’s lost its will to live. That that is that is the saddest chart in all of crypto. Oh, I mean, it has to it has to it has to turn at some point. I mean, please. Um, and also speaking of, you know, memecoins, you know, that over the year to date, Pump. Fun has generated more revenue than Ethereum. Wow. So, that’s crazy. That is that is something, isn’t it? single a single app a single DAP on Salana is generating more than the entire second largest cryptocurrency. That’s wild. But there still is hope guy. There still is a silver lining to this cloud. Okay. Yeah. Oh yes. Pectra upgrade. So this is uh on Wednesday. Yeah. So this is going to greatly increase the maximum ETH uh validator can stake from 32 ETH to 248 ETH. Yeah. And it also raises the number of blob data units per block from 3 to six, which allows for a maximum of nine. Yeah. So this this validator stake consolidation is interesting, isn’t it? Because I guess the thinking behind that because Yeah. If you if you’re if you’re an ETH whale, having to spin up multiple validator nodes to put, you know, a big chunk of your ETH to work is is a bit of a faf. Yeah. So yeah, I guess they’re looking to sort of optimize that and and hopefully attract more stakers to the network as a result. Exactly. Yeah. And there’s also been changes at the foundation level, right? But they’ve listened to their community. Yeah. Yeah. Um so it seems like Vitalik and Ayamaguchi have now sort of got a bit more sort of symbolic roles I think. Um Vitalik I mean Vitalik’s sort of seems to have a fairly symbolic role anyway. Just sort of floating around philosophizing. Exactly. Philosophizing about communism. Yeah. Um um steady on steady on uh new but there’s also new co-executive directors with Tradfi backgrounds to take the reigns which is good. I think that’s probably why because I mean you know there does seem to be a sense that Ethereum’s future is probably tied up to a large extent with Tradfi integrations of some sort. Yeah. You know whether that’s real world assets or or or something different but uh okay so that’s Ethereum. Ethereum continuing to struggle. When will it turn around? Who knows? Um, let’s now look at the ugly. So, we’ve had the good Salana, we’ve had the bad, Ethereum. Nick, what is the ugly in the altcoin space at the moment? Gmove, guys. Gove. This is movement’s move token. Um, now for those who didn’t weren’t following the kurfuffle last week. It was indeed token 2049 week. I don’t think too many people were paying attention, but uh there was a lot of uh controversy around uh dumping of tokens, market maker agreements, all this kind of shady stuff behind the scenes. Now, this just give you a bit of a backstory. This kicked off a few months ago um when a market maker called web 3 was suspended from Binance for dumping move tokens about I think they dumped about 66 million or so of move tokens and bagged about 33 million or something. and they were suspended from Binance for this um potential market manipulation. Uh this then led the movement labs team to say we’re going to investigate. We don’t know what happened, etc., etc. You know, fast forward to last week, Coindesk released a a report, an article that they basically managed to get their hands on the market maker agreements between uh a few entities and movement labs or movements foundation, etc. and the details of which are quite eye opening and crazy. Um, I’ll quickly do a run through for you guys. I mean, Movement Labs prepared to launch a token in November and they made a market making deal with a company called Renek, which is an unknown entity that claiming to be a subsidiary of Web 3 Port, which is a Chinese marketmaking firm. And then immediately where there were red flags surfaced because not only was um they they given control of 66 million tokens which is 5% of total supply but that was 50% of circulating supply. Wow. Out of release. Okay. And they called it posit one of the internal councils called it possibly one of the worst agreements ever. Um, and also there was a clause in there that the market maker could dump the tokens should the FDV reach a certain level, which is of course a massive incentive for market manipulation. Yeah. So crazy. So I mean just just before you go on like so movement’s internal council or one of them said I I think the quote is possibly the worst agreement that he’d ever seen. So I mean if your if your internal council said that chances are you’d be like I all right I don’t think we’ll sign it. Not only him also he forwarded it to another lawyer or person in the foundation who said no there’s no ways I’m signing this or whatever. Anyways um let’s go through the rest of it. Essentially um but eventually the the contract was signed with some provisions changed not the provision about the FTV which is interesting but um this reentech entity is what’s interesting about this is that it is listed on both sides of the deal. It was once as a web 3 port agent, right? And once as a repres representative of the movement foundation in a sub in an agreement that was signed prior to that. Okay. So basically this entity could be selfdeing in in the sense that it could basically be uh one on both angles, one representing movement and one representing the market maker. So this is an entity in the in between. And then there was questions around okay well who what was this entity? Who was behind it? Um there was the questions around this potential shadow founder who may have um uh um you know in um advised the the founders all this kind of stuff. So this obviously led to a massive uh blowback online and everything and it it led to internal chaos at movement and they hired an audit firm called um Groom Lake. That’s a very strange name, isn’t it? Yeah, very strange name. I mean um I wouldn’t call my auditing firm that to be fair but um yeah and then Kooper’s Cooper Scan Scandal the co-founder said movement is a victim in all of this. Okay. Um but uh yeah so Rushi the the one of the co-founders is has been suspended as a result of this. Prior to that the Coinbase first of all delisted it delisted move. Yeah. And then he was suspended. Yeah. Right. So yeah, I mean the fact that the fact that the co-founder and he was very much the sort of public face of me I think more so than more so than uh Cooper. The fact that Rushi has been if you like thrown under the bus suggests that I mean suggest that he was involved suggest that I don’t know. Yeah, who knows? I mean apparently this guy who signed he forwarded the in terms of what CoinDesk’s reporting he forwarded the market making agreement. But anyways, it’s obviously upsetting to the extent that this goes on behind to take over and trying to recover things. Um, obviously um uh that’s hopefully they can do something about it. Um the D-listing from Coinbase isn’t good obviously, but um yeah. Do you know Nick, once upon a time, well, I’m I’m starting to feel nostalgic for the days when uh project token prices would crash because there was a problem with the protocol itself because the project itself turned out to be no good, the tech turned out to be no good. We now seem to be living in a new age where and again you know I refer refer to this but also mantra from a few weeks ago where suddenly token prices are going through the floor because of some shady going on behind the scenes and the you know market makers seem to be involved more and more. There always seems to be some sort of shady market maker behind it at some at some point in the in the Yeah, you have no and this is something you have no idea about because you have you’re not party to any of these agreements. They’re all private. In this case, it was shell companies behind the scenes. So anyways, it’s very upsetting but um look because it was delisted from Coinbase and you are looking if you do hold move and you are looking to sell your move or indeed you feeling very bullish on move and they can do a turnaround and you want to buy some move. I couldn’t think of a better place to do it than our brand partner, Binance. Yes, Binance is our brand partner. Um, yeah, do check out the link in the description below. You’ll get an exclusive 20% trading fee bonus. That’s for life. You also be eligible for a $600 signup bonus as well. Yep, indeed. And once you’ve bought your coins or your dry powder or your tether or whatever, and you want to secure it, there’s no better place to do that than on a Ledger secure hardware wallet. And Ledger has, we still got the deal going on with Ledger where if you use the link below and you buy a Ledger, one of the two Ledger STS, Ledger Stacks or Ledger Flex, you can get a $10 gift card that’s pre-loaded with Bitcoin to load your Ledger up with. Yep. Uh they’re doing Pudgy Penguins branded ledgers at the moment. I saw some of those at Token. Yeah. The irony of them having an outdoor stand in 40° heat uh featuring a whole load of penguins was not lost on me. Did you get into the ice bath guy? I didn’t actually. No, I they tried to get the Ledger team were very insistent that I should get in the in the cold plunge. Um and I managed to talk them out of it, but yeah, it was a close one. Um also give a shout out to our other brand partner that is Arkham, the leading onchain intelligence tool out there. Um now they shared something with us recently that they didn’t put out on their Twitter last week. Now this is the uh this is the accumulation of 2 billion USD1 which is the native stable coin of World Liberty Financial. the Trump family crypto project. Um, now this is uh possibly related to this $2 billion investment that the Abu Dhabi Sovereign Wealth Fund is making in Binance. Yeah. Very interesting. Yeah. So, watch where that goes. I mean, we could see the math the transaction in re in real time all thanks to the Arkham dashboard over there. Yeah. Okay. Let’s now have a look at the top performing cryptos from last week. And uh let’s start off with one that Yeah. It’s been um enjoying a lot of mind share recently. Uh this was this was flying high earlier this year before crashing spectacularly. That is virtual protocol. So um why is why is virtuals pumping? Well, I mean AI agents are enjoying a bit of a resurgence in mind share. Um the CEO also featured on a panel last week at token 2049 and he actually him and his co-founder came into the office last week remember and I had a had a meeting and just to have a chat with them and they’ve got a lot of exciting things they’re working on for virtuals um there’s an agentic economy and other sites of business tokens for launching businesses in the agentic economy um and more use cases for the virtual tokens. So there’s a lot of things they they still bullish on it and they’re still bullish on the AI agent meta. Um so yeah, exciting stuff going on. Yeah, there also seems to be a points uh system that people are farming at the moment. I think that gives access to pre-sales and apparently lots of the volume is coming from South Korea. Okay. Yeah, South Korean dgens are max bidding uh virtuals on up bit apparently. So that’s virtual protocol. Next up we have Soleair. Uh it’s layer token. This is a Salana restaking protocol. Um they too have a point system that recently went live. So there may be inflows to that. That was the only sort of possible reason I could find for for so layer pumping. What’s next? Then we have Flare or FLR and this is because USDT0 recently launched on the network. Okay, so got a stable coin um important for any layer one. Next up um this is a bit old school. Quant network Qntt. This is the one that was working with central banks for a is that what is this the one? Yeah. Yeah. Yeah. So this is a sort of blockchain operating system that sits on sits on top. Um this is this has got sort of big trady ties. This is a project sort of headquartered uh in the UK. Again very hard to pinpoint a reason why QNT is performing well. It might be there has been progress on crypto regulation in the UK. Um and Quant Network seems to be sort of involved with that. That’s the founder Gilbert Verdian uh tweeting out about that. That was the only sort of likely reason I could find for for Q&T pumping. And then the final one is Dexi. Dexi orexi. It’s a DAO platform and it recently launched its DAP. Okay. Okay. Dexi. I think Dexi’s figured in the top gainers a few times. A few times. Yeah. Yeah. Is it on BNB or uh I can’t remember. Yes, I believe it might be. Yeah. Okay. Let’s have a look at some tweets of the week. Right. So, tweets of the week. Let’s start off with uh this one here. This is from uh a reply to Guart. Guart is always good for a take. Uh I think Vitalic alone could take a gorilla. Um which if you got the gorilla to invest in it would eventually it would. It would. Yeah. The poor thing. Yeah. I mean so this was there was a big debate raging on the internet last week over whether 100 men could take on a full full grown adult gorilla. Yeah, that’s true. I guess the question here is it depends on the kind of man. I mean, do you think 100 Vitalics could take on a gorilla? No. Frankly, I think even a thousand Vitalics might struggle against struggle. Yeah. Could one Could a 100 Knicks take on a gorilla? Oh, man. Let us know in the comments. What do you think? Would would they would 100 50 Nicks and 50 guys take on a gorilla? Theif the 50 guys would be sitting on the side eating popcorn whilst 50 Nicks had a rough old time of it. Okay. So, uh, thank you, Guart and Exurro. Next up from Zack XBT. Oh god, this tragic horrible. Yeah. What happened here? So, if you recall, if you’ll recall last week, guys, we covered the news about XMR or Mon Monero pumping as a result of someone was had actually hacked $330 million from a single individual from in Bitcoin and then trying to launder it through exchanges with Monero. Um, and that led to the increase in the price. And it the update from Zach was that it was confirmed to be a social social engineering theft from an elderly individual in the US. Oh, grandpa’s stacking sets. Well, not anymore. He ain’t um gosh, I Yeah, I really hope that wasn’t someone’s retirement. Mind you, if you’re sitting on $330 million as a retirement suggestion is you probably got a fair bit. Probably got a fair bit also. I mean, and also the idea that you could be socially engineered for so much means maybe you’re not paying too much attention to it, which means maybe you’re like, “Oh, Bitcoin’s okay, you know.” Yeah. Yeah. My country estates in in the Yeah. Let’s see. Let’s see. Okay. Next up, uh, and we have this one from Nero. Yeah, this is this is a good point. This so we alluded to this at the top of the stream. Try just try saying crypto to someone IRL. Watch their faces judgment. It’s a scam. It’s a massive block. Yeah. No, don’t don’t say it, guys. Just digital asset connoisseur, a digital asset educator, you know, a blockchain specialist, something something like that. Digital assets just sounds so much more mature, doesn’t it? Fintech professional. Yeah, you know, so Rob from Digital Asset News obviously was on top of this a long time ago. Yeah, exactly. He knew you can’t just be gone out there, man. We no credentials there in crypto. No more. Yeah. Yeah. Okay. Yeah. I think that this that’s a that’s a good point really. Crypto has crypto has an image problem. Digital asset bureau. The the digital asset. Welcome to digital asset doesn’t quite have the same ring, does it? Okay. Next up, this one from Sataras. The movement story would be bigger news if it was surprising. Yeah, it’s true. Yeah, that is true. That is that there is someone is is a deadeyed veteran of the trenches speaking there. I mean, I wonder how many other of these deals, these market making deals, all of which none have been able to have been seen, uh, where we’ve seen market makers make money on the launch, how much of those was, you know, backdoor deals with the founders. Yeah. Yeah. A weary a weary tweet there. Okay. And also, we have this. Yes. Token 2049 is a bit of a sausage fest. I’ll give you that. I’ll I’ll let you know that was not after the coin bureau. Uh that was at some other side event. Yeah. Not ours. Not ours. Ours was well represented with a good ratio. But that that was generally what the ratio was at most of token 2014. Yes. Yes. I I don’t think I don’t think a crypto conference is the way. That was the other K party, you know. Yeah. Yeah. You know. Okay. Let’s move swiftly on as swiftly as possible for some coins to watch. Nick. Yeah. So, uh, coming back to the start then you mentioned about this Bitcoin war with this, you know, FAF that’s going on right now, right? Yeah. So, this is there’s a there’s a big old Barney rubble happening in the uh in the Bitcoin developer community over removing OP return limits. Now, this is basically related to uh the the amount of data contained in a Bitcoin block. Um and you might recall that this was a big sort of bone of contention around the time of ordinals which was god that was a couple of years ago now wasn’t it? Yeah. Two three years ago. Yeah. Yeah. So um well I won’t say too much on this because like I say we are putting together a video on this which dives into it uh in a bit more detail but it does seem pretty bad like there’s the the community is very very divided. Um a lot of people saying well I think the argument is that the these limits are kind of meaningless anyway. Um and so they should just be removed. But a lot of people saying, “Well, if you do that, you’re just basically going to turn Bitcoin into a shitcoin.” Exactly. Um, so we will be diving deep in that in in a video later. But yeah, is this this could be Bitcoin Civil War part two? Yeah, exactly. The block size war part two or whatever the block size, but yeah. Yeah, the OP returns. Wars. Yeah. Okay. Uh, next up uh in coins to watch is uh good old Ethereum. Yes, we mentioned it earlier, the Pectra upgrade mainet 7th of April. Um, so do watch that. I think it will be interesting to see. I’m I I I don’t think we’re going to get a big pump on ETH’s price to be honest. I don’t think so, but it’s good. It is definitely good to see it’s moving, right? Yeah, I think so. Yeah. And it will be instructive to see how they carry it off. I mean, you’ve got to back the Ethereum team. They are pretty good at uh at making these hard forks happen um without complete chaos. So, uh yeah, keep an eye on that. Um speaking of keeping an eye on things, some dates for the diary. dates the diary today of course uh is potentially could get news on the budget neutral methods to accumulate Bitcoin over at the US Treasury. Um then Wednesday 2 p.m. mark your calendars that’s FOMC meeting the Federal Open Markets Committee meeting. Uh it’s pretty much clear that there’s not going to be a rate cut. However, it will be interesting to see what Jerome Pal says about the future path of interest rates. Okay. Yeah. Um, and also, uh, so that’s Wednesday, FOMC. Thursday, uh, 8:30 a.m. Eastern, initial jobless claims. There we go. On the job market front, of course, we had strong NFP numbers last week. We shall see. And then Thursday, Coinbase earnings call. Yeah. Yeah. So, that I think will be for Q1. Um, I would imagine those earnings are looking pretty good. Pretty good. Pretty good. Q1 was a big big quarter. I don’t know what Q2 is going to look like, but we’ll see. Yeah. Okay. Now before we have a look at uh what some of the there’s a very lively discussion in the comments. I’d love to see it. But before we look at that uh let’s just discuss our impressions of token 2049. I think it’s fair to say that um token and the Bitcoin conference are the two sort of big biggest events in the crypto calendar. Crypto is not short of conferences. Not at all. I think there’s way too many. The uh conference saturation is worse than the altcoin saturation to be honest. Um although to be fair uh token 2049 does have two conferences in the year. Yeah. Uh and obviously the Singapore one is way bigger. Yeah. Um but yeah, I mean the Dubai one was the second year running. It was at least on the first day was packed. They sold out. Very very they even had they had outdoor stands and outdoor um panels. And guys for context for those of you who not in Dubai it’s unseasonally hot for this time of year. Uh what are we like 38 39 39 we’ve been in the 40s. Yeah. Been in the 40s. 40s. Yeah. So last week was pretty hot. Um and uh but it was very very there was a lot of excitement. I think more from the B2B side. I don’t think it’s necessarily from what I saw most of the builders will go to ETH Denver Breakpoint or um the uh there was the uh SUI base camp which we went to as well which we can talk about in a bit. But token I think my perception was a lot of BD stuff, a lot of BD, a lot of exchanges, a lot of money being thrown around in terms of trying to onboard uh impress other businesses in terms of your BD stuff. Um but it’s I think it was great in the sense that it’s difficult to get the sense of in um enthusiasm in crypto from people who share the same passion um when it’s not IRL. It’s difficult to get it in a virtual form, right? And seeing that in person is great. speaking to people who you know other creators and also fans like I said at the beginning is great as well. Yeah, morale seemed pretty high I think um because I was wondering how it would be obviously all the sort of macroeconomic stuff the collapse of the sort of memecoin um memecoin industrial complex uh earlier this year. So, I was sort of prepared for people to be a bit down. And as we said, like some of the devs were a bit sort of cheesed off, weren’t they, about, you know, about memecoins um sucking money and and uh and mind share. But generally, I thought it was a really positive mood. People were people were still building stuff. Deals were being made from people I spoke to. You know, there was actually business being done. Um and the conference seemed sort of bigger and busier than than ever. 100%. And we attended quite a few things. There was the Binance Clubhouse for example which was also interesting. You spoke to CZ. I did. Yeah. Interviewed. And yeah, there was uh Binance Clubhouse itself was like a big side event. And then of course the Royal Night what legends was indeed legendary. It was packed packed. Um you know so if you got there after an hour late unfortunately you wouldn’t get in because the line was around the the block. You know everyone wants to come you know. Everyone wants to come. Royal night with legends. Indeed they do. Yeah. Um and then yeah, Sooie Base Camp uh was on the Thursday and Friday towards the end of the week. Um that was interesting as well. There was a really good atmosphere there. Lots of interesting projects building there. That is an ecosystem that’s growing and growing. I almost got to play uh with um a Suie play device. They had a few of them set out and there was a big cue to do it and at the one point where there wasn’t I was sort of making a beline for it and then I got talking to someone and then another person and another person. So I missed my shot. So I still haven’t managed to play with you don’t have to talk with everyone. You can just your British your British sensibilities can can you know take a take a backseat when you want to go and play with the sweet play. Now we don’t have a sweet playby to know you know how we’re going to do our reviews on it. Look we’re we’re working on it. Okay. the team are working on it. I could never I could never pass up the pass up the opportunity to chat with one of the Coin Bureau faithful. Um so, uh yeah, it was a delight and as Nick said, you know, it was it was so good to meet uh to meet Coin Bureau fans and uh people IRL. Brilliant. So, generally I I’ll be honest with you, Nick, I kind of dread these conference weeks coming up to them because they really get in the way of the workflow. It means a lot of sort of twoing and throwing, a lot of trying to get a taxi in Dubai when it’s very busy and very hot, which can be a little trying. But I actually really enjoyed it. Um, I even enjoyed the party. In fact, in fact, let’s just I should just point this out, folks. I was one of the last Coin Bureau team members to leave that party. That is He left before me. Yeah. Because I was being strategic because I know that it would be very nearly impossible to get a cab. So, I was like, I’m bad. Just just saying. Still got it. Still got it. Still got it. Still got it. Absolutely. Yeah. Okay. Uh right. Let’s have a look at what people have been saying in the comments. Um they must have been very funny cuz people were laughing behind the camera here. Some um yes, a lot of people uh saying you guys need to give the Coin Bureau graphics guys a raise. Yes, they’ve done excellent work with the AI there. Um Tommy Shuff uh is on the wall. So he must have been one of those uh one of those fans that we said hi to. Oh yeah. Unless that’s Dave Port alt account. Um 70s guy and Nick is top tier AI work. Um absolutely absolutely. If you get a thousand likes will guy shave his head live next week. Is this what is this what we’ve got to Brett? Really guy you know maybe there there is a number. There is a number. There is what there is a What’s your price? I’m not I’m not even going to name it because then someone will go to like someone will go to a you know a Taiwanese like farm and uh I’ll end up having to shave my head live. I just don’t want to. Mrs. Mrs. G will literally kick me out if I um the snake is long says ETH is the new Blackberry. I I quite like that as a I mean I don’t like that as an ethole. I like that as an analogy. It’s a perfect analogy. Yes. Old technology that was very relevant. Yeah. If you guys ever get a chance to see the Blackberry Blackberry the movie I think it’s just called Blackberry. It’s really good. You wouldn’t think that a film about some nerds building a phone is is great cinema, but it genuinely is. One of the best movies I’ve seen in a long time. So, I do recommend the Blackberry movie. Um, It’s Just Blades has the question on everyone’s lips. Do you think 100 Bitcoin could take on one gorilla? How would they do that? How would Yeah. How um Not sure is uh asking Nick, bro, can you start wearing sleeveless shirts? I mean, well, okay. I mean, I do have I’ve got like Slinger, but I got vests and [ __ ] Yeah, I could. I could. Please don’t. I mean, maybe I should just like throw left the field next week. You know, one week I’m in a suit, the next week I’m wearing a vest. Not sure. I think not sure may be a member of Nick’s family because they’re now saying, “Can you dim the light on dark?” I’m just checking Nick hasn’t been commenting under his name the whole thing. Good grief. The light. We turn the light on, guys. Yeah. Just turn the Yeah, just just dim the lights on me. We don’t want to look at We don’t want to look at the The voice is good. The voice is perfect. The voice is perfect, guys. Just happy now. Happy now. Not sure. Oh dear. Um Shane on the other hand says, “Guy looking swole.” Oh wait, just swollen from the humidity. This is a this is a tough start to the week. Um, ETH will go up uh the second guy sells his bags. Yeah, we’ve all been there. We’ve all been there. Um, we see Nick had a Petra update. When is guys a How many How many B accounts have you got? I got millions, bro. I run the farm. I run that Taiwanese farm. I’ve got so much of this [ __ ] flying out. Oh dear. Um, finally, something I can agree with. Kenny Carneel says, “Too many conferences for too much money.” Yeah, that’s true. Saturation. Absolutely. We do have too many uh we do have too many conferences. Um, not surprised guy could stay out later than Nick. ETH folks are built different. Forged in forged in steel. Literally nothing is hard for me anymore, you know. Absolutely. Absolutely. Okay. Um, and uh, yeah, absolutely. Cold but happy. Tough crowd this morning, guy. Yeah, sometimes you eat the bar, sometimes the bar eats you. But um look, it’s been great fun. It’s been great to see you all again. A big uh we’ll finish with a big thank you to everyone again who said hi to us uh in real life. But thank you all for watching. Nick, any final words that you want to any insults you want to throw my way or you just going to leave it to the comments? Guy, you can come. We can work on that PRA upgrade for you later this week if you need, mate. Okay. Okay. Get some chest pressures in there, man. Okay. Only when you dump your bags though, and you eat bags. All right. Fine. If CB made a Nick Star sleeveless line of merch, it would fly off the shelf. Right. We’re working. Good idea. Working on that. We’re working on it. Okay, everyone. Thank you very much for watching. We will Nick looks like a smooth sausage. We’ll close on that. We’ll close on that. Thank you everyone for watching. It’s been great to see you. Be back next week. Smooth sausage. [Music] Nick look like Stephen Hawking in that picture. I do love the radio fourlevel jokes. Sounds like you two are getting ready for fatherhood dad joke bureau. If guys up at 100 a.m. It’s because there are kids walking on his grass disappointing no dress from guy. We’ll pass 100K when both of them are wearing shorts. Nick shorts is always guy in shorts. Proof of pants. [Music] That was a good one. That was fun. Could I um uh could I get a whiskey? Just a just small largest. Make it a double. Yeah.
