The Wolf Of All Streets - Is Bitcoin Being Manipulated? Here’s Who’s Pulling The Strings

Episode Date: January 16, 2026

Bitcoin’s price action is raising uncomfortable questions as capital floods in, regulation stalls, and power players all pull in different directions. In today’s show we dig into whether Bitcoin manipulation is reaching new extremes, breaking down the role of banks, exchanges, and governments as Senate infighting delays the CLARITY Act, stablecoin rules become a battleground, privacy coins surge, and enforcement pressure ramps up alongside rising crypto-related crime. Is this growing pain—or a coordinated squeeze as crypto collides with the traditional system?

Is Bitcoin in the crypto market being manipulated? We have a pretty good idea of who may be pulling the strings right now, or at least who is trying to. After watching the absolute mayhem around the Clarity Act, I think it's very clear that there are a lot of different entities at play here trying to control crypto's future in the United States of America. We're going to talk about that and everything that happened this week on my own solo version of the Friday 5. Let's go.

Good morning, you big, beautiful bundles of sunshine. I hope that you woke up today, feeling like you could slay all of your dragons and demons that have been haunting you all week. Welcome to the Friday 5 where I'm alone and don't have a guest, which means I can say ridiculous things like I just did, and I can totally butcher my intro, which I also feel like I just did. I do hope that you've been having a wonderful week. We've seen a lot of nonsense in the crypto markets exposed, in my opinion. Sometimes you take a look at your former beliefs and all the things that you've been cheering for and you realize, man, I was just caught up in the fomo of hoping that the price would go up and that we would have these catalysts and finally get all the

important clarity you want. And then you remember, I actually bought Bitcoin in the first place because I hate all of this hot trash garbage that I'm forced to talk about on a daily basis. Yes, it's wonderful to be covering the Clarity Act and the institutions that are here, but the fact is that none of them have our best interests in mind, and they're all just jockeying for position in self-interest. Yeah, we're going to dive into all of that right now and more. First, of course, the biggest story of the week is the botched attempt to get this bill done. Senate committee postpones crypto bill markup following Coinbase pushback. So obviously I'm not going to say anything more articulate and eloquent than we got from Jake Chavinsky yesterday. If you did not

listen to yesterday's show, then have fun staying poor, you're dumb, and we don't like you. But if you did listen, you probably heard one of the most incredible 30-minute conversation, from an informed individual on what's actually happening in this market. I love you all. That was a joke. You should go back and watch it if you have not. But yeah, the fact is Jake Chavinsky completely unpacked all the nonsense that's happening around it. It caused me to do a much deeper dive, to ask a lot of people closer to the situation what was going on. And it seems like we were sold a fake bill of goods the entire time. And to be quite honest, I was 100% convinced like everyone else that the Clarity Act was a foregone conclusion that we were going to get that done. And the more I talked to people close to it,

they said there was never literally a chance and this has always just been political posture. Of course, the Genius Act was easy to pass because stable coins are not controversial and stable coins actually help hyper-dollarization around the world. They're good for the United States government because they are a way for people all over the world to get access to the dollar, which means that they're exiting their local currency and they're using the dollar more, which obviously is more dollar adoption, all while being backed entirely by treasuries, which are hot steaming trash that nobody left on the planet wants to buy. We've all seen the chart. James Lavish, I think, brought it up on Monday, the chart that says that central banks around the world are buying

gold more than treasuries the first time in decades. He even said they're inverted. And for anybody who doesn't know that joke, it's from Top Gun and you're probably too young. Yes, we were inverted. We're inverted. So central banks don't want to buy treasuries. So who does? Well, Tether. Right. And so it makes sense that the Genius Act was passed. And now it makes sense that the banks realizing they made a fundamental error by allowing those rewards, aka yield, are trying to slide that right into the Clarity Act. But there's a number of reasons right now that the Clarity Act seemingly very unlikely to pass. Yes, we did get news at the back of the table and they're talking today. This isn't because of Coinbase. Coinbase, I think, gave everybody an easy out and a reason to say,

hey, we're not going to do this markup right now. But if you actually took a look, the Agriculture Committee's markup wasn't even happening for a few weeks. So the narrative that this was going to get marked up, voted on, and done right now was false. Anyways, there's a lot of different parts. There's bills coming from the Congress from the House. There's bills coming from the Senate. There's 130 proposed amendments around it and a number of other fundamental problems. Listen, obviously, the one we haven't even talked about at all that is the quiet part that nobody is saying out loud, even when I talked to Jake before, the Democrats, it's a non-starter for them that in the Clarity Act, they will get some sort of language that prevents the Trump family or any politician and their family from

participating in the crypto industry. They are not going to pass a bill, apparently, from what I've heard that says that the behavior that's happening right now is okay. Donald Trump has explicitly said that he will never sign a bill that has an ethics rule in it and that prevents him or his family from participating in the industry. It is a non-starter for him. Tell me in what world we get an agreement on that between those two entities. Do you think that the Democrats, the seven of them that are required right now to vote for this in the Senate, are going to pass a bill that allows Donald Trump to launch meme coins willy-nilly in the name of every single member of his family, probably his dog and his pet golden toilet? No, that's not going to happen. So that's a non-starter

already. Of course, then we also have an outright ban effectively on D5 that nobody in the crypto industry is going to support. And now language that was just added, as Jake said in the last week, about banning the tokenization of assets. You have Paul Atkins on one side with Project crypto over at the SEC talking about the fact that by the end of 2026, everything will be on blockchain rails and be tokenized. You have the DTCC receiving a no action letter from that very same SEC saying, well, now we're allowed to tokenize everything. We're going to go 24-7, 365, all the time on like the crypto industry, and everything will be tokenized and trade on these rails. And then you look at the language of the Clarity Act and it says, well, we're banning the tokenization

of those assets. You think that that's something that's going to be easy to reconcile right now. So what I think we actually have is yet another example of gratuitous gaslighting from the United States government about the intentions of a bill. Do you guys remember the Inflation Reduction Act? Last I checked, that was an act to spend trillions of dollars and to increase inflation. But guys, if we call it the Inflation Reduction Act, the dumbest people on the planet will believe that we're going to reduce inflation, right? This clearly, I don't think it was the original intention of the Clarity Act, but clearly it has become a way for the banks to gain control of the crypto industry

for the next hundred years and to make sure that we actually can't do any of the things that we were hoping this bill would give us clarity on and protect us from. Brian Armstrong made it very, very clear. Why would the crypto industry want a bill that effectively bans defy says that every time you get a self-custody wallet, you need to KYC and AML, every one of your transactions is going to be reported. Sounds very, I don't know, Chinese. And the fact is, nobody in the history wants that,

and the industry doesn't get to vote. The politicians do. So now we have to depend on politicians actually caring about these things and believing in them. The reality is that we just have a bunch of banks that have realized that crypto is really, really bad for them and want nothing to do with this bill. And do you think that the crypto lobby can touch the banking lobby?

You think that Brian Armstrong is as wonderful as it is that he got this killed. Do you think that he really has the power that Jamie Diamond and his friends do? I don't think so. Let's take a look really quickly at what the Bank of America CEO said. Bank of America's CEO says up to $6 trillion could migrate from U.S. banking system into stable coins if interest-bearing stable coins are allowed. Think about that statement for a second. People might actually go to a better product if we give them the chance.

We better stop them. That's what he's saying. It's like, we are totally screwed if people make the move to stable coins and are actually given the yield that we've been collecting. This is very clearly saying the banks want to keep doing what they're doing that's bad for you. And if there's something better that's good for you, we are not going to allow it. And this is what is happening behind the scenes when the government is talking about the Clarity Act.

I read a tweet like that and I go, good? Our reaction is, yeah, that sounds great. I would love to get 4% yield on the money in my bank. We've seen, this week I reported, we've seen a number of really aggressive comments from J.P. Morgan, obviously, which could probably be like the fourth branch of the United States government. We used to joke that it was the executive, judicial, legislative, and BlackRock, but I think you can pretty much throw J.P. Morgan in there is the other one as well,

saying, you know, that they have a problem with effectively everything the government's doing in the cryptocurrency space. Well, it was also reported in Q4, the J.B. Morgan made $25 billion on net interest income. That $25 billion, if it was going to stablecoin users would not be in the hands of J.B. Morgan, it would be hands of their customers who are using stable coins. So what interest do you think they really have in passing sensible legislation that's going to give the crypto industry and the people what they want? They have absolutely none. Yes, I've been ranting about this. But it's really annoying and it makes me feel personally stupid because I've been saying, E. Clarity Act's foregone conclusion, great. The United States government is going to come in and

help us to pump our bags. And in case you didn't miss it, I actually took the article down, but I mentioned it yesterday. Yesterday, Senator Blumenthal said that we need to slow down because crypto is such a massive risk to the system and we're being irresponsible and it should have no place in our finance. The anti-crypto army is alive and well, and they may have been laying dormant, but they're starting to get really confident ahead of midterm elections. And I definitely fear that this Goldilocks period where we don't have a government that's fighting against our industry is coming to an end. We all know, regardless of your political beliefs, that every time you have one party controlling the government for two years and midterms, at least the house switches.

It's just the way it is. It's really easy to throw hate from the side. sidelines. It's really hard to govern. And eventually, things switch. We get gridlock, which may be a good thing. And we have both parties vying for control. That's probably coming. But if that comes in the Senate, it means that Elizabeth Warren is once again the head of the Senate Banking Committee. And we have public enemy number one in control of the future of our industry. So if we do want the Clarity Act done, we want it done now. But Blumenthal made outrageous claims like that the crypto industry and the speed of crypto and all these things were the reason that Silicon Valley Bank's signature all failed years ago. The gaslighting is absolutely insane.

Either he's a complete dumbass or he's just willfully lying to you, but that is a complete rewrite of history and we cannot allow the FUD to rewrite the facts of what actually happened. Silicon Valley Bank failed because the United States government handled interest rates poorly and because there are laws that force banks to hold a certain amount of treasuries. Those treasuries were massively underwater which screwed up the balance sheets of all of these banks. We know that this had nothing to do with the crypto industry. They used it as an excuse to go ahead and murder crypto banks while it was Sunday and nobody was looking. Signature bank was completely solvent.

They were the leading bank for the crypto industry and they got murdered. On a Sunday. On a Sunday, not having any issues with their balance sheet. They were one of the better banks, and that's what happened. So let's not pretend this had anything to do with the crypto industry, but this gives us a little glimpse into the future of all the fud that we're going to be seeing coming back at us once again. All the narratives.

We're going to get the North Korea on. We're going to get the only for criminals on. Bitcoin mining is going to start boiling the oceans again. Get ready for it because the circulation. The game of musical chairs, of fear and certainty of doubt about our industry is coming. I'm going to go on record as saying, I've been wrong about the likelihood of the Clarity Act passing. I kind of superficially listened to what I was reading, but the more I dig in, I'm not going to say there's no chance it gets done.

I'm going to say it's extremely unlikely that it gets done now. But the real kicker, I don't think I actually want it to get done right now because it is a bill that's larping as something to protect and give clarity on the crypto industry, that's actually an outright attack on our industry once again. Moving on from the Clarity Act, we do have more politicians saying politician shit. Democrats slam SEC over crypto pay-to-play concerns. Democrats are mad at Paul Atkins

because he dropped enforcement actions against almost every company in the crypto industry. And so Democrats are saying, you only drop these enforcement actions because these dudes donated a whole ton of money I don't know. I think this is the way that the government works. You should take a look at the banking lobby and the health care lobby and basically every lobby and how things get done in this country. Yes, the crypto lobby stepped up massively, but there wouldn't have been a crypto lobby,

if not for the insane policies of the past administration and because Gary Gensler was a heaping douche canoe. Sometimes I wish that we could have Gary Gensler back, though, because I was able to effectively make a career mocking him, making Mr. Burns an accident. The guy looks like Mr. Burns, right? And what is Gary Gensler doing now? I wouldn't be surprised if Gary Gensler is literally like a consultant for some crypto company and we just haven't seen it announced. But the fact is, we only got a crypto lobby that gave millions and tens of millions of dollars to Donald Trump's campaign and started becoming politically active because it was do or die. Literally had to do all these things just to not be murdered by the United States government. And so for the Democrats to say that it's

pay to play, well, yeah, they all donated, but they donated because what was happening was completely unfair. So to reset the framework back to, oh, it's fair, doesn't seem like pay to play. It just seems like they're being reasonable. So we obviously also have to discuss price action today and what's been happening in the market. We did have a little bump for the crypto space. I'm trying I don't have coin market cap up right now. I'm going to try to do it running this on my own. We got coin market cap right here showing that the bitcoins up to about $95,378 this week, down about 2% on 24 hours, but up 5.66%. What's notable is if you actually take a look at the chart, which we're not doing right now, you'll see that we had a massive spike in volume, some fundamental moves.

and it's been emboldened by a whole lot of new buying. So we had over 130 billion flows into crypto market in 24 hours, but maybe more notably, Bitcoin Christ climbs above 97, not anymore, on 1.7 billion ETF inflows surge. We have seen massive buying of the ETFs. A lot of that has been in assets other than Bitcoin, actually. I know that Ethereum has absolutely been raging, but clearly there is a renewed appetite right now for the insulin,

institutional side or at least the security side products that give you Bitcoin exposure. So we have a few kind of bullish narratives in my mind that go along with this, right? You have all these inflows coming. We have a different behavior. If you take a look at the markets right now, since January 1st, we've kind of talked it to death, but we don't get the 9.45 a.m. sell off every single day. We don't get the massive outflows. We don't have. the on-chain metrics showing that whales are selling anymore. Something has fundamentally changed. Bitcoin has risen, but to some degrees, all coins have risen more, right? I mean, Ethereum has performed well. Solon has performed well. XRP has performed well. All of them breaking above their 50 MAs.

This is one of the first times in a long time, I should say that when Bitcoin has risen, everything has sort of floated up with it. So it feels a little different, and I think these inflows support the idea that we might be seeing a bit of renewed bullishness. But we also saw some comments from on-chain analysts that retail is completely gone. They're not participating in this at all. It's been largely these institutional products, but actual spot buying of Bitcoin by retail has been exceptionally low. To me, that means it's an opportunity. We know that they will always come back. These are bottom signals and not top signals. Okay. So I personally, amidst all this fud and the nonsense we're talking about, I definitely feel very confident

right now in holding Bitcoin in the price action. I've had this story pulled up, I think, four days this week and just never got to it. But South Korea finally ends its nine-year crypto ban. The FSC just cleared listed firms and pro investors to trade crypto again, ending a ban that started in 2017. Corporates can invest up to 5% of equity into the top 20 tokens, potentially unlocking tens of trillions of won. You dumb, Americans would think I would have read that word as one, because that's how you pronounce it in American, but that's actually their currency. It's called the wand. You know that? Learn something every day. The more you know, send that little rainbow across the screen. The more you know, you guys remember that? I know. I know, John, you remember that back there. Yeah, my producer's old like me. So you want to hear a story when we're talking about South Korea. He was at the shooting range and had an AK-47 explode and some shrapherstrap. He said him in the face and he thought he was fine. And then today he decided for some reason to put a magnet against his forehead.

And it stuck. There's metal at his face. So when we're done with the show, he's going to get the metal taken out of his face. But I digress. You guys have no idea unless you take a deep look at what degenerates the South Koreans are. I'm not talking about like the women and the kids and the people. I'm talking about the ones who trade crypto. These guys are doing volumes that put like American market makers and institutions to shame.

You just got guys that are sitting in some like, you know, restaurant in Korea just firing off $7 million and $10 million, $15 million, $100X leverage lungs. Well, now their institutions are back. South Korea has always been the home of the most degenerate insane crypto trading volume. and now the big money in Korea is once again allowed to participate. You guys may remember the Kim Chi Premium from back in the day. I think that was the 2016-2017 highs when Bitcoin would be like 14,000 on Coinbase and it was like, you'll go to Korea and try to buy Bitcoin. It was like $27,000.

I mean, these guys do not mess around when it comes to their crypto. So this could be huge news for crypto volumes that their ban has ended. Let's just hope that they're not all just sitting on the sidelines dying to short. Because that would suck. But yeah, they're back and they are coming back in a big way. So now we have to talk about a topic that's unfortunately near and dear to my heart. It's Eric Adams, the now former mayor of NYC. Yes, I personally may have gone up to New York City to interview him.

Yes, I may have also been a fundraiser for him. but nobody told me that he was going to rug pull crypto tokens when that happened. So listen, listen, we were looking at, at that time, to be fair, we were looking at Mum Donnie, who's like literally a communist and wants to take your house and give it to somebody else. And, you know, that seemed bad. And then you had Cuomo, who was like, I mean, literally has been like kicked out of office for being corrupt.

So yeah, it seemed like Eric was decent. And to be honest, I've been digging into this. I don't think he had any idea what was happening here, much like the Hoctua girl and Muley and Argentina, and everyone who's been lied to by someone who said, I'm going to launch a token in your name. All you got to do is one tweet, man. It's going to be great.

You're going to save the homeless. He didn't save the homeless. He made people homeless. But as we dig into it, it's not nearly as bad as it seems. So they launched an NYC token, which apparently was to fight anti-Semitism. Can you read it? I really launch a token to fight anti-semit-I don't even understand.

And anti-Americanism. I'm launching a token to stop people from having to go to the bathroom so much. Like, I don't understand. Anti-Americanism. Like, is there's, I guess that's like the anti-Mumdani? I don't understand. That's what he was sold. So first, he's not in office.

Like, how is the ex- Mayor of New York going to help anti-Semitism in New York after he's left the job? But number two, nobody really cares about meme coins anymore. So what happened basically is they launched this token. He had a tweet. He did a video and stuff. You know, the one tweet, you know the deal. And then it fired up to like $570 million, something, somewhere in the $500 millions.

I didn't know meme coins could still do that anymore, by the way. And then all the liquidity, $2 million plus was rug, rugged, was pulled from the liquidity pool. And the token went all the way down. It bounced a little bit afterwards. Apparently, they actually put back a million of it. If you dig into it, very few people were trading this. 80% of the trading that happened was before his tweet and after it launched.

So it was all insiders pumping and dumping on each other anyways. So like I said, why would people care about this token? It's the ex-NYC mayor launching a meme coin for a purpose that literally everyone with a brain knows is not going to be supported by this meme coin. So this actually seems like a case where a bunch of insiders pumped and dumped on each other, and now they're trying to, you know, create something out of the wreckage. Like, the notion of the early reporting was that Eric Adams went on to Meta Mask and pulled the liquidity himself. Like, dude, I've met the guy.

I wouldn't even know how to do that. There's no way that he knows how to do that. But once again, yeah, don't buy meme coins. Don't buy celebrity meme coins. Don't buy political celebrity meme coins. If you happen to have lost money on this, you are a person who is dumb. I'm sorry. I hope none of you are here, but if you are, the only message I can say to you is be less dumb because that would be good for you. But, God, of course, right after this, and

apparently unrelated, the Manhattan DA calls for a new lie by cryptocurrency crime. Now, to be fair, scams are bad. They said that there's been a huge uptick in fraud in cryptocurrency. That is supported actually by the next story. But if you actually look at this here, what they're trying to put people in jail for is moving crypto around without the licenses that are needed in New York and anyone who's paid attention to the licenses required in New York, it's effectively impossible to get. New Yorkers actually statistically are allowed to have much less fun than everybody else in the United States. They can't gamble on stuff, like sports betting came late, crypto is basically blocked there. I'm pretty sure you're actually.

You're not allowed to have sex with a girl. Like New York is an awful place to be. You know, I usually do this show by myself, but I have people in the room who are producing, they're laughing and it's making me laugh, which is good. It's good. We got energy in here. He's got metal in his face. So New Yorkers are just not allowed to have fun.

It's a thing. We all know that. And now they have socialism. So not only you're not allowed to have fun, you're not allowed to own stuff. Right? And so you can't even have fun owning stuff. But yeah, they're saying that moving a million dollars of cryptos is a sea felony five to 15 years imprisonment. That's what Alvin Bragg said here.

Manhattan District Attorney Alvin Bragg explained. That seems drastic to me. But once again, just a reminder that we are far from being in the clear right now in the United States of America, especially in the socialist parts of the United States of America that I used to once call home. I'm a non-political person, but Mamdani sucks. And New York sucks as a state generally, certainly as a city, and for all the reasons I just said. But listen, they're not wrong to some degree. Chainalysis.

In our latest 2026 Crypto Crime Report chapter, we examine how crypto-scans reach $17 billion in 2025. Driven by sophisticated operations using AI fishing as a service tool. Fishing is a service? What? And professional money laundering networks. Our analysis reveals that impersonation scams grew 1,400% year over year, while AI-enabled scams proved 4.5 times more profitable than traditional methods. Yeah, that's because with AI scams now, I've heard, there are people who think they had a

conversation with me on a Zoom call that was AI and gave people millions of dollars. Absolute insanity, and I'm nobody. Imagine when you start seeing videos of like, Jamie Diamond gives grandma a call at home and it's like, send me some J.P. Morgan coin. I'll send you two X back. You have to be very, very careful out there right now. AI as wonderful as it is,

makes scamming people a hell of a lot easier. And we all know that if we're being intellectually honest, crypto also makes scamming people a hell of a lot easier. Like we all remember the days of the emails from Nigerian princes or, you know, family members that were, apparently lost in foreign countries and we needed to send money to get them out. Well, that was a lot less friction than telling someone they have to just send you some tether from a crypto wallet or pretending that you're some great investor with an AI that's having a conversation

and a full fake telegram group and fake website and fake everything. It's a mess out there and it's only going to get worse. And this is not unique just a crypto. It's just that AI is going to enable a hell a lot more scams, and we're seeing the evidence of that here right now. This is another story I had not seen evidence that I had not seen brought up, and I'm now reading today. I ran crypto balloons, excuse me, you're wrong. Crypto balloons to $8 billion, with Bitcoin price up 2,000% as economy crumbles, chain alias, fine.

So some really interesting stuff in this article. A, Bitcoin being up 2,000% is a bit of a misstatement because they're, their currency is down over 90%. So yes, of course, when the denominator drops massively, the price of the asset is going to rise. But it is actually when you do the math, trading at a premium. But the $8 billion in crypto in 2025

is over 2% of the country's entire annual GDP right now. Now, interestingly, something that the United States is not going to love. A lot of this adoption is actually coming from the military and the Revolutionary Guard, Revolutionary Guard, orange-pilled. Right? I mean, these guys are like, yeah, I don't want my paycheck in Iranian currency.

I would obviously rather take it in crypto. But once again, the story here is that we are seeing meaningful adoption of crypto and meaningful adoption in the right way. The exact reason why people have fled to it in Cyprus and Venezuela and Argentina and all the places that we know over the years, this has happened. When you have a hyperinflating currency, you need to get your money into something that inflates less because most people go to stable. We know there's inflation there too. But crypto actually does offer an exit to people in these places and is doing a hell of a lot of good all over the world. And Iran is one more example of that. And the final story that we have here for the day, latest CME, plans to move crypto futures and options to 24-7 on-screen trading per its latest FAA views.

Dude, we did it. We did it. We took all these lazy Wall Street jackass guys who were hanging out in the Hamptons, driving their Porsche 9-11s around with the girlfriends while their wife is at home. We'd get a vacation from 4 o'clock Friday all the way until Sunday morning, and we're going to make them go to work. 24-7-365, welcome to our party. No more vacations for you. No more days off. No more sleep. Crypto's bringing everything 24-7-365 because it's just a better way. When shit goes down on Saturday, you guys need to be at your desk too, getting your stop losses ready if they even work because we know on crypto exchanges, they usually fail.

They'll probably work on the CME. Yeah, everything's going 24-7-365. I talked to some of my friends from college who are on Wall Street and are hedge fund guys, and they're like, this is awful, it's over, we're done. the financial system is broken. I'm moving to, I don't know where they would move, Mars. Like, can you imagine like you're one of these high, high functioning hedge fund guys and you need to be paying attention on Sunday 3 a.m. That's what's coming 24-7, 365. So yeah, it's definitely much better that people should be able to move money and use their money and react to things that happen in real time. but the actual mechanics of this happening for Wall Street are nearly impossible.

They're going to have to hire twice as many analysts. People are going to have to be working for multiple time zones and jurisdictions. It's going to be actually hilarious and I'm so here for it. Because, guys, it is not easy to care every second of every day about what is happening in this market. I'm going to be honest, I feel like I blacked out from the last 32 minutes and don't even know what I said. Felt good, though. Felt good. I miss doing solo shows.

It's fun. You know, we used to have NLW here on the Friday 5. He capitulated. He told us to have fun staying poor. He was going to go concentrate on AI, where there's actually fun to be had and people care, and everyone doesn't think we're scammers and weirdos. So now I'm forced to do the Friday 5 either with another guest

or to just plow through it myself. But there was a lot to talk about this week, clarity act is a complete, complete disaster in my very humble opinion. I feel a bit embarrassed for having supported it for so long or the idea that was going to happen. I definitely have like institutional and government fatigue. It's not that I don't think that it's important that we actually get the clarity that we need and that we get sensible legislation on the books. The bitcoiner and unaffiliated, opt-out, you know, human inside of me. It just says, I don't want to cheer for any of this garbage. It's the reason that I bought Bitcoin in the first place. That is all that we have

for you today. Yet another week in the books. I'll be back for another macro Monday on Monday where I can just let Dave do the ranting so I don't have to do it myself. And let McClone tell us why Bitcoin's going to 10,000. And then James can explain to us very calmly why the world is ending. I love Mondays. It's going to be great. And if you're wondering what's coming this weekend, we got Ben Cowen on Sunday. That one's epic. We already recorded it. So I would tune in for that because it'll probably make you even more depressed about where the market's going. That's what we're all here for. See you later. Everyone's looking for smarter ways to build their Bitcoin stack. Well, here's one most people overlook. You can earn Bitcoin.

every single time you spend without ever buying it directly. That's where today's video sponsored Gemini comes in. The Gemini credit card gives you instant crypto rewards on every purchase and there's no annual fee. It's a MasterCard World Elite so you can use it anywhere MasterCard is accepted. Gas, groceries, travel, all of it. Now here's the breakdown. 4% back on gas, rides in transit.

3% on dining, 2% on groceries and 1% on everything else. The best part, you're earning business. or one of 50 plus other cryptocurrencies automatically deposited to your Gemini account. For me, it's been a really effortless way to build exposure to Bitcoin just by spending like normal and doing the things that I do every day. I've literally earned Bitcoin just from filling up my car with gas. And historically, Bitcoin rewards held for one year have appreciated 279% on average. You're not just spending, you're building a portfolio. This is the Gemini credit card. Sleek, straightforward.

forward and one of the easiest ways to turn everyday purchases into long-term value. To get started, look at the link in the description and get $200 in Bitcoin when you spend $3,000 in your first 90 days. Click the link in the description to apply and start earning instantly. See rates and fees in the description for more info.