 Great welcome digital asset news to get top stories and crypto and break them down into bite-size pieces So today just as a thumbnail suggests we're gonna take a look at a Crypto investment firm and how they plan to drive the price I think this is a it's a pretty interesting story about what's going on behind the scenes And then also talk about what they believe is are some of the biggest sectors as far as cryptocurrency And that investment firm is Pantera also will take a look at everybody's favorite punching bag Former sec chair Jay Clayton as he talks about crypto this is always interesting and then lastly we'll take a look at the macro environment and Also, let's talk about last night's crypto meetup here in Puerto Rico. Good times And then at the very end we'll do five questions in five minutes So if you can do me a favor just hold all your questions until the end and I will answer as many as I possibly can or as time Allows and we go from there. But first, let's do a little market recap and also if you're here for the live stream Thanks for showing up. That's great. I appreciate it immensely But if you're watching the replay, there will be timestamps all along here so you can skip around But everything's in a linear motion essentially and then so we do the news for about 15 20 minutes Then Q&A for about five then and off we go and then lastly if you don't know I got this website It's called Dan teaches crypto comm. It's 100% free. It's always been free and we'll always be free So if you're looking for some education just on the freebie stuff at the best stuff that I can give you just go over there Check it out. All right, so that's what we got. Let's jump into it and talk about what's going on into the market and the market I Don't go over this in detail like I used to because everybody here knows what the market's doing I don't need to tell you what it is and What I'm gonna start doing though is I'm just gonna leave my tabs open from coin gecko and This is from yesterday. So what I want to it gives you a little bit of of Insight as to how things fluctuate because that was the market. We were so close to two trillions so close Just you know 85 billion dollars if someone could have found that in their couch would be awesome But let's refresh this and see what we're at today and we are at The 1.8 so we lost somebody took my hundred billion. I don't know who did it But it is what it is. So yeah, that is just one of those things So yesterday when we talked about this everybody was so up and really happy because you know, we everybody was talking about President Joe Biden coming out in his administration and they're gonna do this, you know This executive order and we're gonna get some regulation and of course it came out it was good, but I we have to understand that regulations are far away off and These are just the days where we know where things are going but you have to put things in perspective and That was just the pump and then so what happened where'd all the gains go? Well, I mean if you're in profit some people took some profit or some people just pumped it up a little bit and they Bought the rumor and sold the news and then off they go So this just keeps happening again and again if you don't like that And you're not like big fan of trading just do what I do just dollar cost average and just stick around You don't like the price. It's like the rain in Puerto Rico. It'll change in a couple of minutes So for the price itself everything's down. I think maybe there might be somebody up some stable coins watch out That no one really cares Everything's down. Who's the biggest loser today? Let's see 6% for poke at almost 7% Wow one day 7% Yeah, so I mean nothing really great. It just went down and of course people gonna take profits and that's what's going on So That's what happened today Let's look forward shall we and just take a look at what is going on this was to me This was a fascinating article and actually you see in the thumbnail said get ready and I I have to tell you I've seen a ton of altcoin daily thumbnails and they always say get ready And I'm like would use that and today, of course I used it so But it really is get ready because in this one it's good stuff. So that is Dan Morehead Pantera capitals blockchain fund is 1 billion in commitments and before we go further who the heck is this guy? He's just some guy. I'm talking about so we want to really know a little bit of a context This is Dan Morehead. So this is the Pantera team look like I got a Good-looking people good for them But then Dan here if you click on him You can see his his history because you don't know where you're going till you know where you've been Dan Found a Pantera capital management 2003 managed over 2003 Managed over a billion dollars of institutional investor assets and its global macro strategy He previously served as head of macro trading and CFO a tiger management with Julian Robertson great Dan began his career at Goldman Sachs everybody's favorite Group of people as their first asset back securities trader Dan graduated Magna cum laude from Princeton BS in civil engineering and received the Carmichael Prize for his thesis. So this guy No slouch. I think he knows what he's doing and that's a little history of the CEO for Pantera and here's what he says Pantera's partners Calls gaming a huge sector for years to come in the crypto space I'm gonna delve into that in detail in a little bit, but I want you to remember that Peace about how gaming is important. I know people talk about it. They're like well Show me some other stuff. I will in a second So this is what we got the blockchain focus asset manager announced in May that was looking to raise 600 million It is available only to qualified purchasers and has a minimum investment of 1 million now if you have a 1 million dollar Allocation just hanging around Call Dan, I'm sure he can help you out, but our Dan more had not me I don't know what to do with that, but The real question is well, what if I don't well here we go He states we're going to invest twice as much in the market Then we anticipated Pantera CEO Dan more had said during an investor call on Tuesday. All of our peers are having strong Fundraising cycles as well. So all that money will get put to work and drive the market up. Let me say that one more time All of our peers are having strong fundraising cycles as well So all that money will get put to work and drive the market up I just want to skip ahead real quick and talk about this is that this was the the meetup We did yesterday in San Juan in Puerto Rico and I can tell you Brian I can tell you that really what it comes down to when Dan here is talking about the the people in this sector All of our peers are having strong fundraising cycles You really do start to know a lot of different people in this space that have a lot of money I can just tell you from experience that the people I've met here. They have very little social media presence They don't get on here and talk about the coins that are going to a thousand X They but they move the market behind the scenes and do things that will never really know So I think when more heads talking about this It's one of those things where you're like, okay. Well, if you got a lot of people that means a lot of money is coming I like to hear that so to continue on about 40% of the blockchain funds assets will be allocated toward venture equity Roughly 30% will go towards early-stage tokens another 30% will allocated to liquid tokens I think it's an important to talk about that these things are doing. It's not just putting 100% of Bitcoin They're really diversifying and I think that's a pretty decent plan I can't tell you what to do because I'm not an investment advisor. This is just investment opinion He does state this our previous venture funds all start returning capital within three or four years and then a lot After five, I think this fund will be very similar to that so on this channel I try to get away from the the dogecoin millionaires and kind of get into the way that I think which is it's gonna take some time So I know everybody wanted everything to go on December and to the moon everything else didn't work like that And seems like when you think things are gonna happen They just don't and then when you don't think they're gonna happen They just do so if we can kind of step back and just take a little bit of an investor mindset I think things will work out Okay, I think that's the kind of wisdom that we can see in a lot of articles and people that have actually made a big So three to five years I can hang around that. So what does the fund hold? The Pantera blockchain fund is a vested in 44 early stage token projects and venture equity deals first of all Aurora a bridge designed to provide a theorem compatibility and scalability for smart contracts on the Near blockchain on the near blockchain on the near Blockchain as well as a crypto exchange Valor which raised 50 million so good for them Pantera is also learning leaning into what executives noted are among the hottest crypto segments gaming NFTs in the metaverse. I think we can all We've all been the bar with the metaverse and NFTs. I get it I don't Metaverse plays I am invested into but mostly this land NFTs not really and it's like it's not my thing But blockchain gaming I've really warmed up to and we'll talk about in a second Where's the market headed when asked about market cycles the CEO said Crypto investors selling ahead of filing taxes has in part led to recent price dips more head previously Before I go on just so you know in America April 15th is tax date So expect a dip right there Even I will be selling some crypto to pay for some things just a little warning and then lastly all this stuff is great But just remember that no one has a crystal ball and people are wrong I mean just take a look at my price predictions I did last year but more had previously predicted that Bitcoin would hit a hundred and fifteen thousand dollars By August of 2021. So if we take a look at this It's a couple things to take away Lot of investment going to crypto a lot of the peers are saying that they're gonna invest in a crypto A lot of money is coming in and they're taking a look at some sectors They think are gonna be huge one of those being gaming. So having said that I have talked about gaming Sporadically on this channel. Well, what I really do is I take it over to digital asset news clips Which is my second channel you can find that in the description. I can link. It's it's it's linked right there and the things that I've talked about recently like These are the games that I think and again, I'm not a gamer It doesn't really matter because it's I'm an investor and I can see how things are going So take a look at these ones that I just talked about avagacchi. There was one called the cryptoverse not Ben's thing It's a multi blockchain Metaverse again, so Kishi and even Everdome. So we take a look at these things Just I think if we look back, we'll think these are gonna be big as time goes on But there's another one that's gonna be bigger than than a lot of them and that's this one It's called big time. I know people have been talking about this the thing that would concern me about this Play-to-earn blockchain game is that it was so far off. Well, I had a meeting with these guys yesterday And they told me that they've got a playable demo right now And I'm gonna be able to watch that tomorrow at 9 p.m. I can't share it with you But that's what's going on and when I talk to them. I'm like, well How about this? I'll talk about the project. Why don't you give me some land? They're like Like now all the land is already pretty much gone and it's you know, there's prices But it's not even like you're not gonna get it like, okay So they said well at some point we're gonna start a land sale and we'll notify everybody But that's what we got. They said we can you know give you some kind of like early Heads up. I'm like, okay, but the thing I'm trying to get at is that is that this these Gaming things it's not like you can't front and run a lot of people It's not like the ICO days They can give you a bunch of tokens and you can just dump it on people I mean these things are gonna be around for a while and big time. I mean they've got 386,000 discord members and they've got 200,000 Twitter accounts and of course yes, some of those are bots. I can tell you for sure But in all honesty, I think gaming is gonna be big and these are the ones that I've taken a look at Apagache again, so Kishi because again, so Kishi again, so Kishi already had a working product on PlayStation Nintendo switch Android and Google Google I mean Apple iOS. So I mean it was a no-brainer So anyhow, you can take a look at those a link to him in the description below Let me know as you think about this but I think there's a Pretty positivity on the horizon as far as the things that are coming in and maybe some things too for you to do your own Research into a deeper dive and let's move on from that and talk about everybody's favorite guy Jay Clayton Jay Clayton, so you don't know Jay Clayton. Let me blow this up so you can see it Jay is a He was the former Head of the SEC and right before he stepped down in 2020 he In his cohorts Rocketed to fame by suing Ripple because they said it was Unregistered security and they were deceiving Investors and then like I don't know like three weeks later. He left the SEC Which is I gotta tell you if you want to leave a big s show. I mean, that's the way to do it, but What I wanted to have him talk about here is and this leads us back to this part We talked about where all the gains went and just listen to what he says as far as like the spot market Regulation and kind of what's coming on the pipe because if anybody would know it might be this guy But it really is interesting because before he really changes tune because before it was everything is a security Kind of like Ensler, but now he's like, well, there's a bunch of commodities out there So just take a listen. Let me stop this real quick share the tab so you can actually hear it Yeah, there we go and let me mute myself Ultimately looks like in the end. I mean is this just and how long is it take? well, I think that We have we have a large we have a large Multifaceted regulatory framework that is in place and I believe that it covers much of the digital asset activity I've long said that the ICOs all look like securities offerings to me I think time has proven that that's correct in terms of new areas and in particular a Spot market for digital assets that are commodities We're we're seeing whether that needs additional regulation or not And the use of trading platforms that are not securities trading platforms is part of that I think we're going to see these reports that come out of the executive order address some of those issues What do you think the regulation ultimately looks like? Yeah, so there's Jay kind of changes to and like oh, there's a lot of commodities out there And oh we can take a look at that and oh, you know, we can you know We can definitely do something with that all of a sudden it's a lot different way big change of tune Then when he stepped out and I was just looking at the comment section people correct to me Thank you. I appreciate that what they said that no no no Jay sued the sued ripple on his very last day and let me left the next day I'm like wow if if that's true. I can't remember the timeline, but if it is true, it's Well, that would be Jay Clayton, so that's all we have there Let me just think about that in the comment section and then this this leaves me my next point because you can see everything's down today, right? I know people, you know, we all want to we all want things to go up and I think in some In the mind of early investors and even like even me when I first got in I'm like Well, why wouldn't ever just get into Bitcoin now? Because it's gonna go up to the moon like in a couple of years or even like when I got in 2017 I was gonna I was gonna the moon in February. That's what you know, so everybody told me It wouldn't lie to me So when you take a look at what happened with the regulation and regulation is coming and there was some positivity in the way They said things but now it's down. I Need you to take a step back and take a look at the macro environment And if you're trying to take a look at the macro environment I've got there is a newsletter that I subscribe to and it is a hundred percent free as well So everybody likes free and it's called the daily upside and if you go into My description of all the videos and I'll pull it up in a bit You can just do it and what they do is they every day they go to the macro about what's going on So like this was good. I'm not gonna read it but they talk about how Google bought a bunch of Cybersecurity companies to ward off cyber attacks Which I think was a concern for a lot of people especially with Russia saying that they're gonna do cyber attacks globally And what's going on and how things are being short up talked about McDonald's But everybody knows about that one. This one was good got capital gains. Let's talk tax deferrals interesting and then stuff like this If you're into investing in the other type of commodities like Jay over there Nickel trading halted after historic 250% price spike and like these are things that I wouldn't really know about And I think it's just good to kind of take a look at what's going on. But just so you know on Tuesday There was a big run on nickel And it was it topped 100 000 per ton the squeeze hit the world's largest nickel producer in a big chinese bank And this is the bad news for nickel traders Miners and and commodities investors frequently take short positions So like if I was looking at this on the outside end, I like maybe I should get into nickel But just be careful Because investors take short positions on london metal exchange in normal times This means price fluctuations tend to balance out But there's a huge spike like tuesday. Everyone's in a short position. I left to pay the sudden margin calls Check this sing shin Nailed it lost more than two billion dollars on monday and can face billions of additional losses after prices kept soaring tuesday Why the sudden spike russia? Contrast evasion of u kranis led to general fears of commodity shortages and russia produces 17 percent Of the world's top grade nickel supply But here's the fix so if you want to invest into it, you think well, I should probably get it's going to go forever Well, nickel processing is about to get a boost from chinese miner zhijing. Wow did not nail that Which is opening several new nickel plants in indonesia Uh, the forecast the metal will fall at 20 000 a ton After the first quarter of 2022 and stay there until 2025 so Again things to look at and actually it crossed over to crypto. So you can look at the daily upside There's a link in the description of all my videos. You just go to the videos click on show more and there's Keep up to date with finance world and that's it. So and I don't get any kickbacks for that It's just a free newsletter. I thought was good and then lastly before I I forget it all Let's talk about last night This is actually pretty good. Whoops going the wrong way So this was last night. This was the Puerto Rico meetup that we had and it was great I think we had 30 35 people or something like that in a little bar The smoke house. So thanks to everybody at this Thanks to everybody this at the smoke house for putting up everybody gets a free round of beers. I'm gonna go there and I got to tell you Um, like I talked about It's amazing the people that you can meet in this industry Especially someone like the big og's that were around for quite a long time that have some super big connections and the things that I learn about not just what happened, but what is happening and what will happen and There's some things I can't tell you but I can I can just tell you this that Going to those things it really gives me a lot of A lot of not humorous A lot of energy to keep going because I think when I hear these things about what's happening I'm like that totally makes sense about where we're going and now I see the It's good to see the bigger picture and again There's people you'll never see on social media that they move the markets behind the scenes and that's it That's what we got. So look thanks for sticking with me. That is that concludes today's news I appreciate you sticking all the way to any flight today's video. Give it a thumbs up I'll consider Subscribing likes a lot of things we talked about our time sensitive. So that's it for the news. We get it in 20 minutes Pretty good. Let's do some q&a. We got five. Let's go over some cues and go from there. Shall we only go over here Alrighty So Know something look rob. It's pumping also look rob is dumping. Yeah, that's pretty much how markets go. So It's amazing, right that things don't go up forever Who'd have thunk it? so, yeah All right When mullets, what's up, man? So that's a good question question number one rossler is the land going to be virtual reality 3d glasses world or just the phones for big time and for most of them that's not the it's First of all, it's not gonna be phones. It's because to do those. It's very difficult that they tell me. I'm not a developer but As far as like the oculus things those things suck Have you tried those and try to wear them for more than 30 minutes? A lot of them a lot of the places are trying to get away from that And just do it on your pc or mac and go from there, which I I can get behind that I'm not putting those stupid goggles on It just doesn't I'm not gonna I'm not gonna do it. So, um, but it'll be you know Not virtual reality, but that'll be their metaverse and played or played or and all that good stuff Oops, let me go down over here question number one There's a good We shot $10,000 to one million possible in five years. Welcome me to planet crypto I mean, it could just depends on what you get into and just like I say This is important why you had to pick the right projects I always give the example of a dash of salt Take a look at salt Which was supposed to be the next big thing as far as crypto lending that went up like 15 bucks now It's like nine cents and it's never hit. It's all time high It just went and down and I'll give you dollar costs You can't dollar cost average your way to success when it's eight cents and nine cents and 10 cents or whatever it is Up to 15 bucks doesn't act very tough So pick the right projects and yeah anything's possible when well, so yesterday I did a show on the monday pump And uh, I think I was just moving too fast and uh, it was wednesday, so Sorry about that Time blends together when you're in portorico. It is everything's the weather's always the same people are always great Food is also plentiful and the prices to live here are always high sniff Sniff says can we get a boom house or impressions? I'm like humor. Come on. We'll go old man. That's that's pretty much it That was it Boom house or king of the hill Thanks, fam. I appreciate it daily video. I try Ooh Celsius is climbing. That's good. Did not know that Uh biggie my man. So the cpi came out 7.9 percent reported inflation First of all in the comments either here or in the regular comments in live chat Tell me if you think that 7.9 percent is the real inflation rate. I don't think it is question number three Oh question number four Timo do you still believe codon will be a huge success in the future? Yes. Do a lot of people not think that? Yeah, I think so but um Ah, I know a lot of people were ticked off about this whole like Uh, charles huskinson and his credentials and did he drop out of college or did he not and did he take of this? I really don't care. I just don't the only thing that really matters to me is the outcome so I don't like I don't really care about that. I will say this though Um, I was really rooting for sunday's fault the decks and it would had a really rocky go around And uh, you can't do the transactions per second on layer one on codon. It was very tough Hopefully they can get hydra working and get those million transactions per second and the pipelining or whatever they call it I'm not a programmer, but uh, we'll I mean we'll see how it is. I I They've got so many different things going on the problem is and people will always say well Why can't they be like this one or that one or this one? I'm like well some of those ones that you guys like or people love are super centralized And if you're into that and you think well and you don't have any concern about security and shutdowns and go for that one I just think that I mean if you take a look at decentralization bitcoin's number one by far And then I think that cardano is very highly decentralized Especially all the nodes that are out there and especially me being a stake pool operator I'm one of hundreds out there. So um, and I think it'll do well just in on those parts. So we'll see long answer Uh, what day is it in Puerto Rico? Uh-huh Geez what day is it? It's thursday. My phone told me Uh question number four. Do you dc and alona? Yes, and somebody asked me this yesterday. They said hey um they said Do you feel like you missed the boat on on luna because it's pumping like look I the same thing could be said for ethereum when I got into theorem at 300 bucks or bitcoin at 8 to 8 500 bucks Or cardano with seven cents You know, I mean just it's just time just like we talked about with the dan morehead one And then diesel cane. I can't bring this up. But thanks for the super chat the $15 Appreciate it 15 bucks Uh Brian evan says rob this will be the last question. We got to get out of here. I got to get out of here I got uh, I got some interviews to do rob. Do you have a post or video of your current crypto holdings and percentages? I can only find some older stuff. I'm consolidating like the older stuff that I had before I'm trying to consolidate right now and I'll I'll bring it out But I can just tell you that I'm going heavy heavy heavier bitcoin because it's safer And uh, but I'm still gonna dabble in some things right like those ones I talked about like Uh, world mobile token. I don't know. I own a pretty good amount of that because I think it's going to be great Melon token great again. So kishi that game is going to be awesome. Um Avagacchi, which we just did a video together, uh, the gosh team personally Like if you look at the game Like I'm not playing that game, man I'm not but I can see why hundreds of thousands of people do want to play it because that's cool for them Just not me and uh, that's what we got. So I'll let you know when it all comes out and I think that's it Uh, that's good But that's all we got Oh, and then well dean does make one good point. So he's looking at avagacchi can't play that neither can I With so many great massive online games. Why can't they combine one with crypto something people would actually want to play And it's going so slow So avagacchi they go live march 31st. That's a playable game It's gonna be there unlike some other ones that you know, uh, they've got some demos But they don't only have it going live. So march 31st is the day That's why I think like the ghost token will probably go up pretty darn high During this i'm don't quote me. Don't don't say rob you it went up higher than a crash or it only went up 10% I'm not your advisor. You got to do that stuff yourself But I will say this avagacchi and ginsokishi. They just formed a partnership So I think the ones that are going to do well are the ones that come together and grow together I think that's a pretty good thing and again. It's all about what you want to do right like like I can't play Like big time Like world of warcraft stuff. I don't like that stuff. I mean, I don't if I'm gonna play a game It's gonna be way back in the day like, you know, super moir brothers type stuff or like, uh Street fighter. Yeah, I love that game But they have stuff not really avagacchi No, but that's not for me to side because there's there's something for everybody out there Just how it goes just like crypto channels. All right. I've been babbling along enough Thanks so much for stopping by appreciate if you like today's video thumbs up If not thumbs down that's fine and then consider subscribing So, uh, if you're still here, I'm gonna put two more videos up here So you can I'm gonna I'll probably put the avagacchi video we did and the ginsokishi one Those are pretty good videos. You can check those out. That's it. So thanks so much for stopping by. I appreciate it I'll see you guys on the next one. Adios