They’re Not Waiting (Bitcoin Holders Get Ready)

Crypto holders, they're not waiting. They're just going ahead with it. Doesn't matter if the Senate passes the Clarity Act or not because the SEC is taking action where the Senate isn't or won't or can't. This is big news. We got that story for you. We got the latest on who's selling, who's buying Bitcoin, we got Ethereum, we got Salana, we got pump fund, we got SpaceX robotics trade, a lot more for you today. Let's get into it. First and foremost, the big story of the day, of course, is from the SEC. Read this. Eric Balkun has posted this said interesting the SEC is poised to roll out a pair of major initiatives in the coming days that could further turbocharge the US crypto industry as a landmark digital asset bill stalls in Congress. So the regulator announced it will hold an open meeting on Friday to create a tailored offering regime for certain investment contracts involving crypto assets. The agency is also planning to soon avail so-called innovation exemption for trading digital versions of securities move that could reshape the landscape of the American stock market and pave the way for 247 trading of stock tokens on the blockchain. Oh man, you poor stock market bros. You thought you had escaped. Oh, we're just going to trade Monday to Friday during business hours. No. Welcome to 247 hell. Uh, those details the exemption for tokenized stocks will be released as soon as Friday according to people familiar with the agency's plans. SEC officials are still working on the proposal and details could change before it's released. Now, this is very interesting. This very, very interesting because the Clarity Act, damn, we need to get that thing passed. September 15th is when they're going to put it up on the floor for a vote, but they're missing enough Democrats right now. They need six or seven Democrats to cross over and vote with them to make sure it gets across the finish line. Unfortunately, and that may or may not happen. The Democrats may just play politics and say, "Yeah, but this is going to be a Trump victory, so we're going to stall it no matter what." But at least the SEC is coming in and saying, "You know what? if they can't get the damn Clarity Act through, we're going to start enacting enough legislation or enough rule making within the SEC that it kind of won't really matter anyway. So, this is good. This is a really good thing. Meanwhile, the vibes, the vibes, man. Strategy sold another 1,700 Bitcoin this week. Sailor sailor the seller. Uh, look, jokes aside, jokes aside, when I talked to Scott Melker a few months ago, had him on the show, we were talking about this, and he said, "Well, what he's doing now is going to be to satisfy the S uh the the stock market, index funds, in order to get into the S&P 500. So, in order to do that, they have to be able to show that they can sell Bitcoin, raise cash, all that kind of stuff. So to the extent that that's a logical explanation, yes. Still though, buy high, sell low. It's the crypto way, Michael. It's the crypto way. You're one of us, brother. Uh, speaking of buying high and selling low, so far this week, well, we had a great week last week for Bitcoin ETFs with ah 750 800 million million dollars of inflows. This week, so far, we're about $200 million in outflows so far. this week. Not fantastic. Not that bad either. It's a blip in the radar. The good thing is it's not billions. Let's put it that way. We start having billions outflowing every weekend. Then we have problems. Bitcoin, ah man, sitting right at the bottom of this triangle, right on the damn support line. Dumps much further and this is a potential short situation brewing here. And of course, we're trading below the 20-day. We're trading below the 50-day. The end point, the terminus of this triangle pattern comes in around the 1st of September, two weeks of course before the date for the vote on the Clarity Act. Bitcoin looking relatively weak right now. Well, of course, SpaceX is up 40% this week. Trading the wrong assets out here, guys. Jeez Louise. Getting our asses kicked trading these assets. Anyway, currently long on Bitcoin. Slight unrealized loss on that one. Long on Salana. Long on Ethereum. Salana. I have not yet moved the um the price up to break even, the stop loss up to break even. The Ethereum's at break even for the stop loss. So, if a price were to reverse, I wouldn't actually would lose any money on that trade. Would still lose money in the salon trade. Hasn't really moved. Feel like it's going to. Bitcoin, it's more of a yolo trade, I guess. If you want to join trading over on Bitux, there's a link down below here available to anyone, anywhere, by the way. So, if you'd like to have a great exchange where you can trade, where you can trade stocks, where you can trade crypto, trade gold, silver, they got you covered, man. Use the link down below, sign up to Bit Unix, deposit USDT, make a trade, and you're going to be in to win our weekly $5,000 prize pool. In fact, we're going to address winners right now. We actually have three winners to give away today, too. So, we better we better get drawn. All you have to do to win is that sign up, deposit USDT, make a trade. You're in to win. We give away five grand every week. If you want to be participating in that five grand of giveaways, you have to be signed up to bait Unix. Now, also as an extra bonus here, rmegmail.com,000 bucks. Go check your account. You got it. Congratulations. Round number two. As an extra bonus, if you sign up to Bit Unix, you'll also get an $80 a month rebate if you join the inner circle. One of the inner circle courses is our um private community. This is our research group, our trading group where we do trades of the day, weekly trade analysis.gmail.com. Enjoy your $1,000. Let's go. Third winner for today. We issue uh weekly reports on hot tech stocks, hot altcoins. You're going to get our AI tools. You're going to get our agent lark which you can post a chart to and it'll give you the opinion on it. You can post the contract address of a new token. Is it a scam or not? It's going to tell you mfgmail.com. Thousand bucks coming your way. Guys, we got one more to draw. One more. One more. And then round five is tomorrow. Round five is tomorrow. We got one more person to give away a,000 bucks to tomorrow. Geez Louise. Give away $4,000 today. It's a lot of money. A lot of money folks. And the winner is da@gmail.com. Congratulations to all the winners. Enjoy your thousand dollar if you want to win the next giveaway. Link down below. Go check it out. Okay. The NASDAQ. The NASDAQ's been chilling right here. Resistance. This line is resistance. Break out here. And this sucker is going to rip again. Totally cucking Bitcoin again. Anyway, hasn't done that yet. currently finding resistance at this well resistance line. But he break out here above 726 approximately with some kind of uh commitment to that move. And then probably NASDAQ's at new alltime highs. S&P is at new all-time highs. The Russell's at new new all-time highs. Bitcoin's still down 50%. Your altcoins dead. One day that will not be true, but today that is the truth. Anyway, Uni Tree's Shanghai IPO more than 8,000 times overs subscribed by retail investors. What? Ah, my uh robotics beta stocks. Goodness gracious. Those things are going to just rip, aren't they? I need to buy more of those. You need to buy more of those. Of course, you can see my full portfolio breakdown when you're a member of the uh inner circle link down below. 8,000 times over subscribed to me. That is ridiculous. It's funny cuz I asked my broker like two months ago like, "Hey, can you IPO when it comes up?" He's like "Oh yeah sure. I guess not." Boo. Anyway, this is currently uh so they're debuting at an $8 billion uh market cap proposed. It's already traded on Hyperlquid for like $35 billion. So, it kind of gives you an idea of the demand for this. Uh but it's not the only robotics play out there. We of course issued a report on Agility Robotics. This went out to premium members of the inner circle last week. A breakdown. No BS breakdowns. Okay. What is it? What are analysts saying? Is it [ __ ] or not? We don't hold any punches around here. Okay. This is the straight dope kind of breakdown you guys need before you make investments. Link down below if you're not a member yet of the inner circle. Go check it out. Okay. Alvin Fu says, "This kind of projection that makes people sit up. Semi analyst has SpaceX going from 19 billion revenue in early 2026 to 305 billion by the end of 2027 with AI compute alone making up 335 billion or 77% of the total. That is crazy, dude. If these if these targets come through and they have $35 billion in revenue a year, I mean, yeah, I guess it it is worth the multi-trillion dollar valuation. Uh SpaceX, by the way, back to just above the IPO price, which was 135. So now it's trading 146 in pre-markets. Damn, never went sub $100. I owe under 100 bucks. I was going to buy some. Didn't go under 100 bucks. Well, I don't think it's necessarily the pain is necessarily over for this trade right now. So the first unlock I think happened yesterday or a couple days ago. Maybe it's the 8th or the 12th. Anyway, first unlocks happened. But you got to remember that by the end of the year something like half of the stock is going to hit float and by this time next year it's going to be 100% of the stock will be in float. Now half of that's Elon. So it's not like Elon's going to just go and like you know rug pull SpaceX and Giganuka's bags but still there's a lot more token tokens a lot more stock coming into the market for this and uh I still don't love that Walter Bloomberg Ethereum buyers accumulate head of uh CPI manage money is reportedly buying ETH on spot markets 7.2 times its normal pace. Really? Wow. It's probably been great for the price. Oh, can you show me where these uh where these smart money buyers are? I don't see them in the order books, dog. Uh still sitting above the 50day, still sitting above the uh breakout level here for the double bottom pattern, which I honestly don't even think there's much to talk about there anymore. We're still hold above that breakout area here, though, around 1840. That's the critical area. As long as we keep maintaining above these green lines here in this sort of blue line, which is the 50-day EMA, still can get my $2,100 price target. It's actually exactly where the 200 day is coming in now. So, very logical price target. Cash cat. The cat is not dead. In fact, the cat is on a nice little uptrend here. Uh coming back down potential retest here around 146. Perhaps this is the run that's actually going to take this thing to like half a billion dollars. It is on Robin Hood now, which is of course a exit liquidity event for early buyers. But the price keeps going up. Even though we had this quick wick up to 200 million, it's been grinding. It's been grinding, man. I don't think Robin Hood wants to let their mascot of the chain, which is Cash Cat, die so easily. Salana chilling chilling right above the 50-day, 20-day. Not much to report. Crypto just I mean, here we go. SpaceX ripping 40%. Crypto doing [ __ ] all classic. One crypto that is going up though in price is Pump Fun. My Pump Fun bags. There's still hope for me to make millions of dollars on Pump Fun. Let's go. The Pump Fun app quietly hit new alltime high and daily active traders yesterday on a weekend. Nice, good, good. More traders, more burn of tokens. Price go up more. Last month's unlock was 82.5 billion pump tokens. It took about a month for the fresh supply to be absorbed while the price also did a 2x. exchange balance is close to making fresh lows again. Going forward unlocks a 7.1 billion tokens per month. Damn, it's a lot. And for Osmo, you have to appreciate how consistent pump funds ability to generate and maintain revenue has been over the past two years from 1% to 23% of total revenue generated across all apps. What pump continues to trade in a deeply cyclical market? Yet, the past year has shown how resilient the urge to speculate remains. The trenches will always be volatile, but that volatility also drives exponential faster liquidity flows. Here we go. It's about at the top of the uh channel here for a few days now. Feel like a cruise back down at some point to the bottom of that channel is uh inbound. But regardless, nice uptrend here so far for pump fun. You can see the daily MACD is getting uh pretty extended there as well. Not crazy overextended. I mean, this is how it was back on the run to uh 10 or you know, two cents or whatever the it got up to. Um so there's a lot of room to go still, but a nice uptrend nevertheless. This thing is one of those very much hated apps in crypto. And yet, and yet it's one of the biggest revenue generating apps in the damn market. And they keep buying back tokens every day. Half million dollars a day, million dollars a day. People keep speculating. You might think, "Well, Lark, but come on. It's just a casino. Own the casino, man. You don't need to sit at the roulette table every night. Just own the casino. That's pump fun." Uh anyway, by the way, I bought more Pump this week and I bought more Salana this week. These are not like huge purchases. Just got rid of, you know, dollar cost average. Add a little bit to the existing bags kind of thing. But I bought more, just so you know. You're awesome. Thanks. Bye.