Hi everyone, we are live. Thank you so much for waiting a little bit of tech issues.

Kate Rooney, I am thrilled that you get to join me this week. How are you?

I'm great. It's good to be here.

We had an actual tech check before.

An actual tech check.

And I should say, we do have the comments on. So please, those of you who are watching,

thanks for waiting. Feel free to comment, ask questions. Keep it clean in the chat, right? Kate?

We got some early comments.

Okay, so let's jump into it. I mean, we wanted to do this this week because we've seen some action in Bitcoin,

but the year as a whole has actually been notable because we haven't seen the kind of action

that we have seen in recent years. What do we make of it all? And, you know, it's worth noting

that even though we dip below 40K, it's been a lot less volatile than, say, the NASDAQ.

Yeah, that's true. And happy one-year anniversary, by the way, of Tech Check.

Well, so if you look at, I guess, Bitcoin prices, we'll use that as our peg, is the launch of Tech Check.

So one of the things that has been lacking in crypto markets and Bitcoin in particular has been new retail interests.

So since January at least, if you look at the addition of new wallets, it's been pretty stagnant.

So it's been pretty stable.

And one of the things and hallmarks, they call it, of a bull market is really new retail interest. That has not come in at the pace that it has in previous bull markets. So that's one thing that analysts say is sort of holding Bitcoin back from this next leg of a bull run. So that's one of the things that people watch and say, yeah, the price has been a lot more stable and in a good sense. It hasn't been as volatile for people

that worry about that. If you look at tech stocks, I mean, meta on its earnings day was up and down by 20%. So

Bitcoin is really not seeing that level of volatility. The options market has really grown this year.

And that tends to be options and futures really tends to

be where a lot of action is. Is that a sign of maturity in the market that you're not seeing the

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