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CRYPTO 101

Crypto Rundown: Bitcoin Rips Past $60K…Is Ethereum Next?

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 29 February 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Join Brendan and Tevo for another rundown episode where we see unbelievable price action for Bitcoin this week as crypto recaptures a $2 TRILLION market cap. Brendan does Bitcoin technical analysis and brings a ton of informational stats around volume, hash rate, and ETF inflows. Even with all the institutional interest we talk about how retail interest just is not there yet, Michael Saylor buys more Bitcoin and institutions are eyeing Ethereum as the next big crypto investment.


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Transcript

Click on a timestamp to play from that location

0:00.0

Ladies and gentlemen, welcome back to the Crypto Market Rundown, where we talk about everything that's happening in the great world of cryptocurrency, from the fundamentals in the news to the technicals on the chart.

0:22.2

We spend the time doing hours of research so that you all don't have to. And man, what a week for the crypto markets.

0:28.0

Everything is skyrocketing, but Bitcoin in particular is just tearing through 50,000,

0:33.2

tearing through 60,000. We're now at $61,000 as of February 28th. And I'm joined by the one and

0:40.8

only super producer TiVo. And TiVo, I mean, even you have been capitalizing on this. I know we've

0:46.2

been talking about some killer trades that you've been making. So just walk us through it.

0:51.0

Yeah, I got my, uh, I got my happy hat on today for those watching on YouTube. Uh,

0:55.0

we're all smiles today with Bitcoin 61K. And I would like to start off by saying we have

1:01.5

so many awesome, um, teammates, analysts and I wouldn't say predictions, but just guidance and

1:08.0

education on this channel. Like if you were listening to this show

1:11.0

three weeks ago on February 7th, you know, we talked about how Robin Hood was was doing some

1:16.9

stuff with MetaMask and they were kind of out, you know, outputting their, their crypto, I don't

1:23.1

want to say, I guess team. Like we had the crypto GM on months ago. And I kind of made a pick here.

1:28.0

I was like, I think this is like a crypto proxy stock. And you know, you have your coin bases,

1:32.0

micro strategies. That's what everybody's talking about on TV. But nobody was saying that Robin Hood

1:36.4

was a crypto proxy. And if you listened to our show on February, I think it was eighth,

1:41.4

you know, three weeks ago, you know, we kind of laid that out for you. And since that episode, I would like to give myself a pat on the back. Robin Hood is up 47%.

1:49.6

Yeah. Wow. And, uh, you know, if you have options on that, then you're up even more than 40%, right?

1:56.2

That's what some are saying. Summer saying that's what's, you, you know, I can't confirm or deny what the

2:01.7

trade exactly is. But if you did have options, they would be in the, uh, the 100 to 200 X area,

2:06.6

or you know, percent area, which would be great. But, um, but that's the kind of stuff we do here.

2:11.4

So like between the newsletters and all the work that you do and Bryce does and our team does, you know, you know, over the last six months as this run-up,

...

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