The Wolf Of All Streets - Bitcoin To $146,000? Real Bitcoin Bull Market Hasn't Started Yet | Mike Alfred

Episode Date: July 23, 2025

►► Sponsored by Aptos, check it out here: https://aptosfoundation.org/ Mike Alfred joins me to explain why Bitcoin's next leg up could send it toward $146,000 — and why the true bull market hasn't even begun. We cover Ethereum ETF momentum, Solana’s explosive upside, and why institutional investors are positioning for a $50 trillion digital asset future. This is the signal in a sea of noise — don’t miss it. Mike Alfred: https://x.com/mikealfred Chris Inks will join us in the second part to share some interesting trades in crypto and beyond. Chris Inks: https://x.com/TXWestCapital ►► JOIN THE WOLF PACK - FREE Telegram group where I share daily updates on everything I'm watching and chat directly with all of you. 👉https://t.me/WolfOfAllStreet_bot ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY! 👉https://thewolfden.substack.com/ ►► Arch Public Unleash algorithmic trading. Discover how algorithms used by hedge-funds are now accessible to traders looking for unparalleled insights and opportunities! 👉https://archpublic.com/ ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. Use code '10OFF' for a 10% discount. 👉https://tradingalpha.io/?via=scottmelker Follow Scott Melker: Twitter: https://x.com/scottmelker Web: https://www.thewolfofallstreets.io/ Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #Investments The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

Is Bitcoin headed to $146,000? Not the specific number that I think we all agree is somewhat inevitable on the path to much higher prices. But the real question is with all the institutional interest and still a seeming lack of retail interest in the asset class, are we really just at the beginning of this bull market? Today's guest, Mike Alfred, definitely thinks so. I tend to agree.

We're gonna talk about that, everything happening in the news and the market today. Of course, Texas West Capitol on the back half. Can't wait to get this one started. Let's go. Let's good. Nice round, even psychological level 146. Yep. Key level for the quants and the likely next. Yeah, it's the next. It's the next major breakout level.

I did a poor job of sharing my screen there. I didn't do it the right way, but I'm going to do it the right way now so that we can look at the tweet that inspired this title. The longer we hold at 118,000, the more power we're building for the move to 146. The bears are completely effed. All their hopes and dreams will be dashed. A lot of bear caves will be coming on the market in the coming months.

I bought one recently. Bankruptcy attorneys will be slammed. Market, 146. So 118 is the key to 146, right? If we go to 117.9, we might only get to 145. Look where we're bouncing around this morning. We're trying to pierce through 118 and the downside, but we just bounced off that level over the last 15 minutes. Over the weekend, obviously, we were testing the high 116 level.

That's another area where the quants have said there's tremendous support there. So I view it as call it 115 to 117 is sort of like the area we want to stay above in the short term. And then 118 is kind of like the area we want to stay above in the short term. And then 118 is kind of like that power level where if we can hold that level for even just another couple days and work off whatever cell pressure there is, I think 120, 124, 128, 130 by the end of the month, by mid August, probably 130s, 140s.

And I think 146 is coming in the next 60 days, right? So probably mid September at the latest, I think the next 60 days we'll be telling, right? We'll either be at 145, 146, 150 area in that 60 day window or we won't, but I think the odds favor that move happening in that window. And that'll set us up for the end of the year run, which should take us in the kind of 175, 250 range, which is where I think we'll end up in December.

I think it's, you know, like the math doesn't say this right now, right? The options market isn't saying this, but I think it's something like 50, 50 that we're at 200k at the end of the year. So. I mean, we just went from 75 to 120 in a matter of months. So I don't think it's that crazy to think that we can make a similar move and be up in the 170s and 180s very easily.

Think about the full cycle, right? I was talking about this last night and I think it's an underappreciated point, but we started at 16k, right? On December 1st, sorry, January 1st of 2023. And in two and a half years, we've gone up well over 7x, right? And we at one point, we're almost up, we're at seven and a half, 8x, you know, last weekend. So we've made this huge move, right? On one of the largest top 10 asset in the world. And yet the average person on the street doesn't care. And I think the reason why is actually

kind of a more nuanced point. It has less to do with the absolute price appreciation, which you and I are both aware of. We can do the math. It's not hard. You just take 16,000 and you figure out what the current price is and figure out what multiple that is. But the issue is the path, it's not hard. You just take 16,000 and you figure out what the current price is and figure out

what multiple that is. But the issue is the path, right? The sequence of returns that it took in order to get from 16 to 118. And my argument is that path is effectively the most painful path that you could possibly have taken. Basically the path to confuse and confound and frustrate the maximum

number of people, even some professionals or semi-professional type investors have lost their shit either 25, 26 K. I remember spaces you guys were holding at the crypto town hall or whatever back in October, September, October of 2023, when Bitcoin was 26 K and every single trader you had on stage said, they're like 12 lower. We're going on stage said, we're going lower. We're going back to 18. And that was like right before we ripped up to 40 and right before the

ETF approval where again, what's his name from Bitmax, Arthur Hayes said, oh, we're going to go lower. And I bought all these puts and we did drop from 42 to 38. And then we ripped to 73. So basically the way I described this cycle is a couple of short windows of price appreciation that's quite dramatic and surprising, usually following a long period of consolidation where the very last move in that consolidation was a shakeout lower, just low enough and just long enough to shake out even the convicted hands,

let alone again, all of the casual people. So imagine you're a casual observer of this. I told you to buy it at 16. You didn't buy it. Then then you look at 25. You say, Well, Mike, should I buy it now? And I say, Well, maybe, but then guess what, it drops back to 20. Right. And so then you ignore it for a little bit. The next time you look, it's 40 40. And you say, Should I buy it there? And then I say, Yeah, and then it goes down to 38. And you say, Well, you know what,

Mike might be wrong. And then it rips to 73. And you asked me, Should I buy it there? And then seven, eight to 38 and you say, well, you know what? Mike might be wrong. And then it rips to 73 and you asked me, should I buy it there? And then seven, eight months later, it's 58. Right. And so you're like, Mike's been wrong again. And then you blink and it's 85. Right. And this has been happening the whole way up and it's happening again right now.

Like we hit one 23 the other Sunday in the middle of the night when everyone's sleeping and I could have told, I told people the whole way up from one 16 and even in the previous cycle to buy, buy, buy, buy, buy. But by the time they get around to look at or doing it, it's consolidating lower and they think they have more time. And so it's going to happen again, they think they'll have forever to buy 115 or 160. I don't know if it's a meme the actual stat, but we've all heard

it repeatedly, like a mantra. There's 10 days of the year that Bitcoin makes all of its moves to the upside, right? So you're gonna likely miss them. You need to be in the market. I don't know if it's 10 or 20 or 30 or 27 and a half, but the sentiment is correct because of what you just described. Like it's going to be Sunday night

and price is gonna go up 15 grand and you were planning to buy on Monday morning. And so here's the interesting part, Scott. So basically if you agree with my premise that the path and sort of the sequence of returns here is the frustrating part. And even again, for professional investors, we talked about this a couple of times on your show

over the last two and a half years. I said, look, we're up a lot, right? A lot of us are up a lot. If you bought miners at the low, if you bought micro strategies at the low, if you bought Bitcoin or Ethereum or Solana at the low, right, you've made a lot of money, but you haven't done that without a significant amount of pain. And so what what that type of market regime causes people to do is to expect every major rally to lead to a retracement and or consolidation period. But what tends to happen as these cycles progress is that happens, that happens, that happens until there's a major regime shift

where the market stops doing that. And so what causes that final and the biggest part of the parabola at the end is everybody thinks that things are gonna retrace. So what do they do? Every move up, they start taking a lot of profits, they start selling calls, they start hedging right into the period of time where Bitcoin stops behaving that way and basically

starts to reward the DGENs, rewards the casual observers who need to see consistent price appreciation to be interested, right? So let me give you like a counter example of what might have happened in January of 2023. Imagine a scenario where instead of going from 16 to 25 to 20, consolidating for six months and then finally breaking out to 40, consolidating for a few months, and then breaking out to 73, consolidating for nine months.

Imagine a scenario where it just went up approximately a couple thousand dollars a month every single month like a CD. Every single retail investor in the country would be in Bitcoin. The reason why they're not is because of the frustrating behavior, the frustrating path that it took. I think that's about to flip, right? I think around somewhere between where we are now and just call it 180, there'll be a period where everyone, everyone on Twitter is going to be like, oh, we're going to have another consolidation period. And so you should sell or you should trim. And that'll be the moment when that'll be your last chance to buy it before it goes completely parabolic. And we see like a 30 or 50 K monthly candle or something like that, that like basically rewards, again, retail or anybody who's piling in late,

they'll get 30 or 40 K in a month by just buying it. And then a bunch of the old hands, people have been around for a while, will have been selling into that. And they'll then have to chase to get back in because they'll realize, wait a second, it's going to a million eventually. So how do I know for sure at 150 or 200 or 250,

I'll get another chance to buy back in lower before it goes there? What if it goes straight to 500K this cycle, which is a totally plausible scenario. So 120 and 100 are pretty much the same in a million. That's my view. And that's been my view the whole way up the cycle, which is that if we're an ultimately the end destination point to point is 200, 300, 500, then it's

completely silly to sit around on a space and circle jerk with a bunch of traders at 25 K about whether it's going to 22 or 27. I mean, again, I hate to harp on it, but we've been having this conversation repetitively, uh, online over that period of time. And it's been completely wrong to listen to the traders, even the best traders in the world, right? Even the Peter Brant's and people like that, they're, they're great traders.

Uh, they're excellent at what they do. That's traded is not to trade at all. And this is one of the first assets you have where you can do that. It just, I go about your. And it seems so complicated. I wrote a long one. That's where having a fundamental overlay matters, right? Because if you don't understand what it is fundamentally, then you'll trade it like it's corn or sugar or wheat, right? Or orange juice or something. And like, great, like maybe those classical charting methodologies work fine for those assets. But I can tell you for a fact that

Bitcoin is not orange juice. Definitely not orange juice. So I have a problem you and before we dig in, you have one more funny tweet that I have to show because I want to see you eat 100 hot dogs, but I also want to see I've been at $100. She said I've been will be 100 by Thanksgiving. Otherwise, I'll eat you have to retweet it to otherwise you don't retweet it. Point one Bitcoin and all expenses paid trip to El Salvador and Bhutan dude I want to be in the mix for that. I'd rather $100 I bet then to see you try to eat 100 hot dogs. Listen, this is the same sentiment shits going up. It's not it's not gonna look like it's gonna be like a $100 hot dog. It's gonna I'd rather $100 ibit than to see you try to eat 100 hot dogs. This is the same

sentiment, shits going up. It's not it's not gonna look, no one's gonna get paid for that unless you're long ibit. And what I've been buying recently, and I've been hammering the last couple weeks is November 90 calls. They were up pretty nicely yesterday more than a lot of the other call strikes in that area I think you get a lot of convexity There you got a lot of time, right?

I think the big chunk of the move could happen in the next two months and so you got a whole Other two months on the back and you got four months till expiration But you're buying them. I was buying them at a dollar 80.80. I think they closed at 210 or 215 or something the other day, but I could see those calls trading at an intrinsic value, right, of like 20 or 30 bucks quite easily in that window if iBit goes to call it 110 or 120 and that's just a straight double from here. So that's what you're kind of playing for.

And again, you've got enough time value in those options that you just need the price of Bitcoin to break out and go your direction and they'll be very profitable. I've I bid and cipher the two securities where I've actually had a lot of success just buying calls about iron because listen, I'm gonna I'm gonna give you your flowers very publicly because not only did you come on the show multiple times when iron was out for bucks lower to November 2023. It was 280. Yeah, that was

when I because that's around where I bought so yeah, 280 to 350. I think I bought because literally you convinced me not because you said hey, Scott buy this because you made the case and I made my own financial decision. I know a lot of people here bought iron up down all in between because we talked about it so much. And I've told the story many times of a dinner that we went to in Vegas where we talked about it and two of my friends one of them bought in there. He took a very big boy

position in iron and called me this week and was very, very happy about it. Right. So miners in general, maybe like, you know, why, why this big move finally? Why now? And what's next? Do you think for these are they going to continue to just be high beta, you know, Bitcoin makes a move and then they make a bigger move. How do you view it? I mean look a Not a lot to actually change right like this is just a perfect lesson and sentiment Versus fundamentals right and so sentiment has been largely depressed Compressed since q1 of 24 the the major move for miners this cycle actually happened between January of 2023 and July of 2023. That's where off the bottom several miners did 10, 15x, including Cypher.

And so I think what you're seeing now is just an awareness that every single megawatt of power that these miners control is in huge demand because Meta and Oracle and Google and Microsoft and these huge hyperscalers, they're all trying to secure power for AI and the queue to get power like in Texas is five, six, seven years long. And so there's a time to execution problem that a lot of these big AI players have, and it's converging with the same demand for the power of the Bitcoin miners already control. Remember a lot of the Bitcoin miners acquired this power just before chat GPT even came out.

So you look at some of the big sites that iron controls, like they bought those before chat GPT was really clear what it was or how big it was gonna be. And so they secure that land and power cheap when it was still available. Now you effectively can't recreate these assets. So the contrast I'd make is between basically reverse mergers and SPACs that all these guys are doing raising 500 million to buy Bitcoin,

which is a dime a dozen, anyone can do it, I could do it, you could do it. In fact, I've had the opportunity to do it. I've said, I've been approached, right? And I won't do it because I don't think there's any sustainable competitive advantage to trying to buy Bitcoin at spot prices. Contrast that with, hey, we spent five or six years aggregating power and land that you cannot replicate because it doesn't exist. It's finite in the real world.

There's only so much power that'll be generated. And we went and bought up a whole bunch of that capacity. And now if you wanted to recreate it, even if you had infinite money, you actually couldn't recreate the same footprint very quickly because you'd have to buy the existing companies that are there. And a lot of those companies are not for sale. So you have true scarcity in this infrastructure space that you don't have if you're just again,

using the securities markets to issue different forms of securities and then using that cash to buy Bitcoin. And so I'm not, I'm not negative on Bitcoin treasury companies. I think they're quite bullish for Bitcoin. I do think as an equity holder in those companies, you have to ask yourself, what do you really own at the end of the cycle when Bitcoin drops from 300 or 400K back to 80 or 100K? What do you actually own? And I'm not sure you have any sort of sustainable long-term competitive differentiation between them.

Where you have here? I made a chart while we were talking, Viren, just in case you need that. Yeah, that was November 2023 was when I really pounded the table because there was literally one of your shows where it says buy miners. Yeah, I think it was literally the title. Mike Alfred says by miners now dumbass.

Yeah. Okay. So listen, I want to talk to you about something else. So obviously it's a, it branches off from the treasury conversation, but we've seen for a little while here, Ethereum effectively outperforming Bitcoin, right? We've got a few pieces of news. US spot Ethereum ETFC 534 million inflows, third largest on record, amend sustained ETH momentum.

We had a day two days ago, I think where we was like 280, but the Bitcoin ETFs were down 160, right? This is not things we've generally seen. We know that Trump's been buying ETH and Bitcoin to be fair, right? But the Trump World Liberty Financial has been buying ETH like crazy. They're still buying ETH now. I want your take on ETH. Listen, I know how you view Bitcoin as a separate asset like I do from the rest of crypto, but

is ETH something that you're actually interested even just as a trade in this environment? I've owned it the whole time. Right? So I don't know if we've talked about it before, but my current ETH position was acquired in 2020, just over $300. And then during the spring of this year, as ETH was falling, I was recommending the iShares, Ethereum Trust, ETHA. Right.

Because it was trading at the big discount. Like it was kind of the GBTC trade all over again. Well,, ETHA. Right. It was trading at the big discount. Like it was kind of the GBTC trade all over again. Well, not ETHA. ETHE, right? ETHE was the great scale version before the ETF. Yes, I did. Yeah. So that was last year.

But this year in the spring, as Ethereum was falling, I was telling people, look, like at some point, you'll know that we're in the steep part of the bull market when Ethereum and some of these other assets start to, for a period of time outperform Bitcoin. I just am careful about talking about them too much because I don't want to give the impression that I think that's a better alternative than Bitcoin. I think for most people, they're going to do much better

over 10 years just buying and holding spot Bitcoin. But personally, like I like to have a little bit of additional exposure. I view it as like a VC style speculation. I don't view it as a competitor to Bitcoin and I've made, what's it at right now? 3,600. So I've made 12X over five years, which is within the range of what I look for for this style of investment. Of course, I own a bunch of really boring stuff that pays dividends

and private companies and right. So I'm not a maxi, right? I've been very clear about that. I've been kicked out of the maxi. You know, because because I actually have my own views and I am an independent thinker and the maxis are basically like a monoculture. So look, they don't like Ethereum. They said Ethereum would never outperform Bitcoin again. I never believe that.

I thought at some point we would know we were entering kind of the fifth, sixth, seventh inning of the cycle. When we start to see that, the combination of the Bitcoin treasury mania and some of the meme stock behavior I'm seeing recently, and then things like Ethereum outperforming Bitcoin, that leads me to believe that we're closer to the sixth inning than the third inning. I wouldn't be running out to buy Ethereum here, but I could definitely see Ethereum at 6, 8, 10K, maybe significantly higher by the end of the cycle.

I mean, there's no doubt in my mind that with liquidity flowing that that can happen. Yeah, we're seeing a few of those beginning froth signs right here. You have meme stock fever, as you just mentioned, not worth talking about, but spreading like it's 2021 with coal soaring. A lot of the heavily shorted institutional stocks are starting to catch a retail bid. And when Ethereum flies, we know that some of that's gonna start to go down

into nonsensical altcoins that will have like these brief moments in the sun and probably won't last. I posted a tweet this weekend about the Ethereum move where it went over 3800 and I basically said this is what you want to see if you're long risk assets because that move is basically signaling that the dollar is going to continue to be weak. It may not weaken significantly from here, but it will continue to be muted like DXY sub 100 maybe at some point sub 95,

maybe down to the 85 or 90 level. Yields, long-term yields have come in, right? We're seeing some relief on the tariffs, we're seeing tariff deals finally get signed. So the macro is getting more and more supportive. Global LIMP 2 has continued higher. So you do wanna see like froth and some of these further out areas. That's the signal that Bitcoin is going to continue higher.

Bitcoin will be the ultimate beneficiary of a lot of this stuff over the course of the remainder of the cycle. And it may not outperform on a percentage basis, but it's a much bigger asset. And so the amount of absolute wealth that will create will fall, will dwarf Anything happening in meme coins or any of these other coins? But again, like I don't care like I like when people make hundred X on one of those other coins because it means we're Making a lot of money in Bitcoin Yeah, I I've obviously been going through the mental gymnastics of these Treasury companies and where each thing falls

And so I kind of wrote a long thread about it literally while I was on YouTube yesterday. But my belief is that if you're gonna use Bitcoin, it should just be a balance sheet asset because trying to beat Bitcoin with Bitcoin is so incredibly difficult, right? Like doesn't have native yield, doesn't have any of these things.

I think this surprises people now that I'm kind of thinking through this, but for a treasury company, although I would just actually just brand them as altcoin hedge funds because it's not a treasury company, because none of these assets deserve to be a treasury asset besides Bitcoin, like for 50 years, that it actually makes a hell of a lot more sense to do all this financial engineering and stupidity to beat an altcoin than it does to try to beat Bitcoin because you're taking so much risk on an asset where you don't need to take risk, just be honest about it and say, listen, we're hedge fund.

We think we can beat Ethereum. And you can beat Ethereum because you can take all the Ethereum you gather and you can simply stake it or go into DeFi and actually earn a safe yield and you beat Ethereum. And then you can go buy a couple other layer twos that you think might outperform. You can beat Ethereum. It's not hard. Because the yield is native to the currency. You can beat Ethereum using Ethereum. You can't beat Bitcoin using Bitcoin.

You have to take on some kind of risk. I read that thread, Scott, and I actually thought it was really well said. And I think if you had thought this deeply about some of the things that were going on last cycle, you would have avoided a lot of crap. That? And so, but look, like, yeah, you live and learn, you live and learn and you evolve and people are allowed to, to change their views on things. But in any event, I saw it, I liked it. I agree with it. I I've shared a similar view, but with a slight, a slightly different kind of nuance to it,

but that's based more on like what I've noticed in the market. My argument is that basically the more sound your treasury strategy is, the less likely you are to see return from the investor standpoint. So like, if you look at micro strategy, all the return happened before anyone was talking about it. Like I was talking about it in 2023 as a long,

alongside Coinbase and Ethereum and a bunch of stuff that Max is talking about. That's not sexy anymore. Yeah, I was just buying it because I was like, look, like they're the leader in this, this treasury. It wasn't even called treasury back then. It was just their Bitcoin corporate Bitcoin market buyers. That's all these new companies are their market buying Bitcoin at whatever price they can

get their hands on capital. Right. And so these market buying Bitcoin companies are going out and acquiring Bitcoin at the market price and nobody's going to be able to catch Michael Saylor because the market impact of trying to buy as much Bitcoin as Michael Saylor currently has would move the price of Bitcoin too high to acquire enough. You'd have to be a nation state or you'd have to be Nvidia, Apple, Microsoft, etc. And you need to move right now. And even then they may not be able to catch Michael Saylor because if they drive the price of Bitcoin

up enough, Michael Saylor can keep issuing more securities and keep his lead. So my argument was like, because this was about a month or two ago, I said, look, MetaPlanet will outperform because it was a hotel company that nobody knew of. And so basically, what you want to buy are the companies that surprise you either because they come out of nowhere and you've never heard of them before or because they're using like the shittiest crypto possible that you don't think is going to work. And the delta between what is reasonable and where they end up is where the return is. So if you're coming out with the 100th Bitcoin treasury strategy, where you're not doing anything different than sailor, you're not going to get a return as an investor.

If you're the first Pepe coin, a treasury strategy, you have a chance to outperform even if the coin is stupid, you have a chance to outperform because the delta between what the market expected and what might actually happen is large enough and surprising enough that that's where the return comes from. Because if you literally do anything positive, you can catch the interest of a bunch of retail or institutions and it'll just pump much harder. And MetaPlanet also has this unique advantage

that I think is the direction of Bitcoin treasury companies, which is that MetaPlanet was like micro strategy in 2020 or 2021 for Japan. You can't go to Japan and buy a BlackRock ETF if you're an institution, right? So you need some sort of proxy and MetaPlanet, like MicroStrategy was sort of the first proxy. That's okay.

And there's two other huge- And arbitrage on the taxes. Taxes, but also the fact that their bond market and their economy was in a difficult spot, right? When they were starting to fund it. So people were looking for a way out of the end, right? The end was weak and weakening the economy was weak. The bond market was weak. Right.

And so that's not going to be the case structurally with every other treasury company. So I'm a bit, I'm a bit skeptical. I'm not as bearish as I know you guys are. And I understand your view. I think you could be bearish on the whole space near the top, right? But I think it would be sort of dumb to be too negative when we're still mid to late cycle where the biggest move may still be ahead of us.

And so effectively, everything's going to go up. You don't want to get too cute with these kind of relative value arbitrage trades. You're going to see people saying, I'm going to be long meta planet, short micro strategy, or long Nakamoto and short asset entities or something. And I just think that kind of stuff is a waste of time. Maybe you're going to get mid single digits or low double digit returns when all you need to do is go long the entire sector for the next six months and you you might get a five X.

Right. So just be long. Listen, I know it's 930. And it's usually when we cut. Is there anything else I missed that you want to like quickly talk about? I would just note the volume increase on Cypher through three weeks ago, two, three weeks ago, the price increase, and then the spike yesterday, I noted there was around 8.45 a.m. Pacific, there's this huge spike. To me, it looked like some sort of entity discovering that there was a deal in the works. So the rumor that's been going around is that Meta is doing a deal with them.

I have no idea. I think eventually, every megawatt in the United States gets monetized, including all of Cypher's megawatts and all of Iron's megawatts. But I'd keep an eye on that space because I expect some fireworks, hyperscaler direct deals, but not with CoreWeb, but with a Google, Microsoft, Metta, Oracle, et cetera, between now and the end of the year. I think there's going to be a handful of those deals coming. And I think combined with the move towards 150K Bitcoin,

you have a really explosive setup for companies like Cypher and Iron. Keep an eye on those. Love it, man. Thanks for always waking up early to come make a few jokes and share your perspective here. I love it. And you gotta come visit me soon, man.

Anytime. Congrats on the new house. Let's do it. And you gotta come visit me soon, man. Anytime, congrats on the new house. Let's do it. Thank you, man. All right, bye. Guys, give Mike a follow, please. All right. Now, of course, since it is Wednesday, we got Aptos as our sponsor.

It's been a long time. Pretty good. You know, it's hard to keep a really solid, amazing sponsor around for a long time. We've managed to do it because you guys check them out. Listen, I'm not going to read all of these. But this is your weekly update on all things Aptos ecosystem in case you've been living under a rock. This is how many things have

launched just this week on Aptos. I break down for you why it's important every single week. Why I believe it's important that we have competition among these L ones because one day we're going to get fastest, cheapest and most secure. And in my opinion, Aptos doing exceptional, exceptional job of competing in that arena. If you're trying to build something, if you're trying to really dig in deep to blockchain and UX UI that's simple to use

for grandma, check them out. What else you got to check out is Christopher inks. What's up, man Oh man Chris you do not have sound. But do you hear it sounds like you got a beat. You hear that? Oh man you don't hear the beat. Do you guys like lo-fi? Oh man, you don't hear the beat? Do you guys like lo-fi? We're gonna try maybe mute you and fix your mic because I'm not sure anybody can hear that. You let me know when you make a change, but that was literally a perfect beat.

Did you guys hear that? Did you guys hear it or is it just me? Cause I never know. It was me. I think you need a new new mic setting or something. I'm gonna unmute you for a second. Ready? Still, still got a beat still got a beat. So you guys are amazing in the comments. Carl Cox that did sound like that actually it sounded more like like, Richie Haughton for the old techno people like I once went to the Detroit Electronic Music Festival must have been 2001 I

played at the second Detroit Electronic Music Festival, believe it or not. I'm like the third stage on the side. But I went to a warehouse to hear Richie Haughton DJ like it from I don't know, three in the morning to 10 in the morning. And basically what you just heard, that was like the entire eight hours because minimal techno and like one strobe light in a pitch black room. It was wild Vinny seen Richie Houghton. Vinny see Richie Houghton. Yeah, you guys are still here, which I appreciate. I mean, you know, I

could I think I could theoretically open charts, but it's kind of his job. It's kind of his job. I don't know if he's gonna come back. To be honest. Yeah, dad, man, I wish he was still here because now I can't even make the beat anymore. Electronic Music Festival. Yeah, so it used to be called I don't know what it became Detroit they changed the name but the original names of the huge Detroit festival is DEMF the Detroit electronic music festival. First one must have been like 2000. Maybe I was there 2001.

Oh, we got new beat dude. Can't hear you. This one's a little like, the notes are a little more muted. Kind of feels like you used an effects processor. Pretty fresh. Green misses ODB. Off topic, but I agree. Apparently in the new Wu Tang, we're going off here. But apparently in the new Wu Tang shows, ODB's son is ODB.

There's this new tour. Still got it, man. I think we're gonna have to bag it today. I don't know. I know. You're gonna watch this back though and you're gonna love it. I'm telling you, man.

All right, ladies and gentlemen, Christopher H. Okay, so that didn't really work too well. Yeah, and ODB's son is ODB in the new Wu Tang tour. I don't know if the tour's over. They said it's the last tour Uh, okay. So, uh, that didn't really work too well. Um, yeah. And ODB son is ODB and the new Wu-Ting tour. I don't know if the tour's over. They said it's the last tour and people said it was epic. And I actually didn't go. I had a chance to go and I had seen them maybe two years ago and it was so bad that

it was like wildly disappointing. And I didn't want to subject myself to that again. Uh, and apparently I missed out. Like I go to a lot of, uh, like legacy act shows cause I'm 48 years I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show.

I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show.

I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. I'm gonna go back to the show. ready to pass out and couldn't sing. I was like damn man. Bobby

Brown. You know these legacy tours they're brutal. They're brutal. But apparently this Wu Tang one was really really good. Yeah. Okay, guys. Well, it's been fun. Anything but those horns. I'm gonna literally play those for you right now as a whatever. I just piss you off. I would play other music guys. But as I mentioned last week, we got a warning on the channel for one of our titles being like dangerous content and harmful. I guess we use too many exclamation points or whatever.

And now if I get another warning, I get a strike and I get removed for a week and then potentially removed from YouTube. Cause my title was like all coin season here. And it was like question mark exclamation. Oh man. I don't know. Yeah. We were taking around the jewels. That's the tour. That's a tour.

Uh, Ray Kwan. What we talk about Ray Kwan for IAC DJ for Ray Kwan. He has a new album. Yeah. Uh, yeah, people probably don't know that I was a DJ. But yeah, I was for a very brief time on a weird European tour with Crazy Stories. I was a DJ for Raekwon. Yeah, true story.

All right, guys, that is all we have for you. I'm out of here. We'll try to write it back tomorrow. D-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d-d