 Welcome to Jalassette News. I get top stories in crypto. I'm bringing on a bite-sized piece. So just like the thumbnail suggests, September is going to be a pretty rough month, but there is good news on the horizon. So we're going to quickly take a look at four years of September and what happened immediately after. I also want to take a look at a couple different stories as far as micro strategy and Mr. Wonderful from Shark Tank. Also some glass-node data as far as long-term holders and what they're doing with their Bitcoin. Also a little stock-to-flow action. And finally, to finish all up, a little story about NFT, recur, and fidelity. So today is not a great day. We're in a little bit in the red. We're at $2.05 trillion. Things are down. The daily sentiment is a little bit recessed as far as average, but Bitcoin sentiment is still pretty high because I think that the people who've been here for a long time know what's going to happen in Q4. So real quick, Bitcoin's at almost $45,000. $3,200. Cardano's $2.45, and everything's down across the board, except for Polkadot, up a whopping 2%. Watch out. And that's really about it. Oh, 11% for Cosmos. Congratulations, Cosmos holders. So really what it comes down to is let's just break into it and see what this good news is because we all know September is going to kind of suck. So to take a look at that, there's these monthly calendars like to pull it every so often over a trading view. And just so you know, in the last bull run in 2017, great year, great year, 2017, over here, we see this little red monthly candle. Yes, we were in a bearish month, but ever since after that actually in October, November and December, look at that fantastic look all the way up. Now, that was in 2017, the last major bull run after the halving in 2016. What happened in 2018? Well, we saw a little bit more of a dip after September. Here it is, but it was winter, bear winter for cryptocurrency. Then we go along a little bit more and then in 2019, some around here, July, August, September, a red candle, a green, red, red, green. But then again in 2020, when we had the halving, look what happened here after September, green, green, green, green, green. And then what's going to happen usually in the big bull year, which I think is 2021, probably green, green, green. But again, this is not investment opinion, this is investment advice. This is what has happened in the past. We could be in a long-gated state. Maybe we see it in January, February, March. But again, I think Q4 is going to be, if not the big quarter, a run up to a very big surprise as far as crypto. So that is the 12 years of September. So let's take a look at some good news because it's always good to see what's going on as everything drips down to the red part. So this was a great article. Kevin O'Leary came out and he went through an interview and he had eight quotes from the whole thing. I'm not going to play the whole interview. So yeah, it's good, but we don't have time for that. Time is money and a lot of things going on. So this is what Kevin O'Leary says from Shark Tank. He goes, look, Ethereum is slow. He says, I find Ethereum as a user, it's too slow. And so there's going to be other chains that are going to emerge. Another thing he says is that the regulators have pushed back on the lend product from Coinbase. And that is a slowdown. I totally agree. He says, we want the regulators to actually make some decisions about crypto. I agree with him here. We want them to make some decisions about crypto. However, what I want, what I would like is that we all have a voice in what is going on. So to help us out and to expedite that process, we actually had done a video yesterday about the SEC and what's going on. They're going to have a hearing between all the senators who are in the banking committee. And we talked about how the honorable, as they call them. I know some people don't like that word honorable, Gary Gensler was going to be there and I talked about do two things. First of all, reach out to your senator who's on that committee. If you're in those states, I showed you exactly how to do that and then just write him a quick note or an email or send him a message or call them. It doesn't have to be grandiose. Just say, look, Gensler's going to be there tomorrow. I would like you to ask him if there's going to be clarity. We need clarity ASAP. You don't have to make it super long. Just tell him we need clarity and have him put his feet to the fire. For Pete Sakes, he was a professor at MIT and he taught blockchain. There's no reason why we can't get clarity now. There's no reason why he's given everybody else a pass as opposed to other different types of products. That was the whole video right there. So that would be great if you could do that. And then also to finish up on this one, if the regulator finally allowed financial services companies to call it an asset, put it into an ETF in the United States like they have in Canada and other countries, I figured there'd be another one trillion worth of buying into Bitcoin. I have to agree with Mr. Wonderful here. I think we can squeeze out another one trillion if the people get comfortable with putting it into an ETF. Why can't we just do that? Doesn't make a lot of sense. It seems like all the other countries are leaving the United States behind. Just do what you were paid to do, government, York for us. And then to finish this up, the States, all the institutions are coming to the conference to discuss this very topic. And apparently there is a SALT conference. This is going on from yesterday to Wednesday in New York. So when he says all the institutions are coming to the conference, maybe this could gear them all up for Q4 into what is happening in the cryptocurrency. Maybe they can all come up with a great plan, which I believe is this. And I said this in the video yesterday. We can wait for the SEC to do their thing or we can go on the offensive and just go, you know what, if you're gonna sue us, let's go into court. And there's a lot of money behind crypto and digital assets. If you have a crack on a coin base, a Binance, a Gemini, a Voyager, and everybody else and different projects that just come together and go, you wanna do this? Let's do this. Let's get it on the open. And let's just go to court and go through the whole process. I know some people say that's a bad idea. I think it's a great idea. And Mark Cuban did it and he won in 2013 for insider trading. He beat the SEC like a drum. So the only reason they get away with this nonsense is because of the SEC and they're afraid of him. So go on the offensive everybody. I think we've got enough money. It costs Mark Cuban $12 million to beat them. I think we can do that. Anyhow, let me know what you think about that in the comments section and let's move on to our next piece. Oh, and before I forget, we're going over a lot of different material today as far as the news. If there's some more news, I think it's pretty newsworthy. One of those being fake Litecoin news, lighting things up and some different photo articles. Go over to Alex Mascioli's show and check that out. I watched it, it was pretty good. What's going on, links in description and then check that out. All right, so next piece as far as good news is this is very quick, is Michael Saylor from Michael Strategy. Michael Strategy, essentially, they, not essentially they did this. They purchased another 5,000 Bitcoins for $242.9 million. So when we talk about buying the dip, there is no better master of this than Michael Saylor and Michael Strategy. And if you're looking for good news about who's buying up and big companies getting into the game, there you go, Michael Saylor. So if he can buy the dip, why can't I, which I did this morning with a couple of different things. So more good news on that point. And on top of that, let's take a look at some Glassnode data, which this is from Dylan LeClaire and it's pretty interesting little graphic, very basic. It says Bitcoin supply held by long-term holders can use, continues to break all-time high. So right here, this little squiggly chart as it goes up, I can't see my mouse, unfortunately. See where it says 60K and the things that are going up and down and down? That is essentially the price. So right here, in September, we're looking at around, whatever it was, $45,000, whatnot. But these gold bars right here, these are long-term holders and how they are holding onto Bitcoin. And depending on how Glassnode defines it, I think it's for people who have held it between six months in a year, maybe long-term holders, look at this mountain of long-term holding. Ever since we had that massive dip back in April and May, people are just holding it waiting for Q4 and that is what is surprising to me. Also, I took a look at Glassnode quickly and I just want to take a look at exchange inflow volume versus outflow. And if you bring it over here, you can see that outflow volume is, ba-ba-ba, 13,791 for Bitcoin. And I was like, well, and of course, if we see a lot of inflow, that means that people are gonna sell potentially. Well, let's take a look at outflow from the exchanges and see how that measures up. So again, we had the 11,931 for the inflow and for the outflow, people probably going in cold storage, 13,268 as far as Bitcoin goes. So there's a little bit of positive news. And then what I want to take a look at was long and short-term holders as far as Glassnode, but my account is limited in what I see. And I pay a monthly account, I have to upgrade that, but it's kind of pricey. It's like 800 bucks a month for Glassnode, kind of crazy. But apparently what we're seeing here, like we just said over on this way, long-term holders continue to hold and that's good news for us. Anyhow, let me just think about that in the comment section. Seems like it's pretty good. But on all good notes, let's take a look at the flip side as far as what is going on. And that is stock to flow. So stock to flow, if you don't know the model, pretty basic stuff. And what we have here is this was from plan B on June 20th. Let me blow this up so you can see it. And I always, a good rule of thumb is that models are great until they're not. And that is essentially what it is here. So this is what stock to flow states as far as like price, because she goes, there is more a fundamental reason that we see weakness in June and possibly July. My worst case scenario over 2021 is this, August 47K. All right, September 43K. Well, we're almost there. October 63K, November 98K, December 135K, which sounds pretty good, right? Let's take a look at August. And he's saying that August about 47K, right? So we come back here and we take a look at August. So 47K in August, 2021. Well, not really, because we were at 38,000 here, 37,000 here. So the 48 really doesn't hold true. So does that mean that everything that stock to flow says is incorrect? No, a little bit of a hiccup. And there's been different things, but the big thing I wanna make mention is that don't put your faith into any kind of diagram, any kind of data analytics. There's nobody has a crystal ball and no one compared to everything. So will September be 43K? Yeah, maybe. Maybe it'll go to 40. Heck, maybe go to 38. Nobody knows. But I can tell you this. If we take a look and just do what my man Diddy says, which is when in doubt, zoom out, just take a look at this chart right here. 2015, Bitcoin is 232. And look at this massive run up in 2017 we were just talking about. Look at that big, huge pump. Wasn't anything. And now look at this. And then back here in 2013, you can't even see the pump. You can't even see it because it's so small. And that I think is what it's gonna look at like in 2021 and in 2026 and in 2020, whatever else you wanna go for. And that is the big thing about crypto and digital assets. All right, let me just think about that. And let's move on to some of our last pieces, which is recur and fidelity. So this was a quick tweet that I found. It's pretty interesting. Billion on New York Met's owner, Steve Kahn. Kahn, excuse me. Another 50 million investment into NFT platform, Recur, which already has collegiate licensing deal. And the whole article can be summed up in just these couple of paragraphs, which is this. Recur recently completed a deal with the PAC-12 conference, if you're not in the United States, that's all for sports, college sports. Recur will create NFTs based on highlights of memorable PAC-12 moments throughout the years. That's a lot of money. The PAC-12's NFT will be part of a new website, nftu.com, that Recur developed that the company hopes will someday house NFTs for every college sport in the U.S. And just to be sure, I took a look at Recur, what it is, and it's not launch yet, but it had a pretty good white paper, and there was two things that I thought was interesting. First of all, to get the white paper, you have to go to the website, sign up for an email, and then it'll let you download it. And it's a great resource to figure out what NFTs are, different kinds, and how they're gonna fit in. And just so you're wondering, yes, Recur is going to be built on Ethereum, so that is how they're going to do it. And they had this really good chart, which made a lot of sense, which was kind of funny how they did it. But it says, valued settlement Ethereum versus transaction fees. And on the right-hand side, you can see here, like, here's the volume of the NFTs. I think that's 0.5 trillion, 0.1, 1.5, 2.0 and 2.5. And then over here, here's the transaction fees. So yes, we always complain about the transaction fees of Ethereum, but they go, you know what, those transaction fees aren't worth the squat, compared to the value of the NFTs, what's going on. And that's how they derive it from that. But in all honesty, if you have invested into any type of platform with NFTs, if you're on Avalanche, Solana, Cardano, any of those ones, Phantom, whatever else, I think that's where the money's going to go. And we see things actually go into those platforms because they have NFTs. So when we take a look at this, if we're looking at where the next big play is, that is potentially it. Not financial advice, just financial opinion. And then lastly, to finish this all up, there was a great piece here from Fidelity Digital Assets and they just did a quick study about what is going on in the crypto market from December 2020 to April 2021. It was 1,100 respondents. And just so you know, those were, it was broken between financial advisors, high net worth investors, family offices, pension funds, crypto hedge funds and so on and so forth. And the barriers to adoption was this. I found this was most interesting. 54% of surveyed investors believe that price volatility is one of the greatest barriers to investment. I think that's incorrect. I think the thing as far as volatility goes, that is an asymmetrical return. And that's what you wanna see because there is a lot more gains as opposed to putting into some blue chip stock in the S&P 500. Also, 44% of investors surveyed share the lack of fundamentals to gauge appropriate value as a barrier to investment. I don't see why. Just go to danteachescrypto.com. I show you how to do this in module four reviews. Just go over there. I show you exactly how to evaluate each project with examples. They should just do that. Super simple, I mean, for what it is. And then to finish this up, 84% of US and European investors survey indicated they would be interested in institutional investment products and 27% of US and European investors surveyed believe real estate has great potential for tokenization, which is a 12 point slide. And the big thing also was that there is a ton of Asian investors and that's who gets into it. So look, that is what's going on. Quick, down and dirty. I know there's a lot of things happening, but we try to go quickly. There's so much going on. Again, check out Alex's YouTube channel. A lot of good information over there. And that is it. So if you found a value here, go ahead and give it a thumbs up, a like. That is it for today. Thanks for subscribing. Thanks so much. See you on the next one.