AI Summary
The video discusses recent crypto market events, including President Trump's pro-crypto statements and his potential inclusion of Bitcoin in Trump accounts, Michael Saylor's first-ever sale of Bitcoin by Strategy, and record stablecoin transaction volumes. The host interprets these as potential bottom signals for the market.
Chapters
President Trump expresses strong support for crypto, stating that if the US doesn't embrace it, China will. He criticizes the Biden administration's anti-crypto actions and claims he got 100% of the crypto vote.
Trump accounts launched, with POTUS ringing the NYSE and Nasdaq opening bell from the Oval Office for the first time. The host speculates on whether Bitcoin will be added to these accounts.
Strategy (formerly MicroStrategy) sold 3,588 Bitcoin for ~$216 million to fund dividends, its first-ever sale. The sale was small relative to daily volume (1.16% of July 4th volume), and the market was unaffected.
The host argues that when the biggest net buyers become sellers, it signals a market bottom. He cites Trump's pro-crypto push and Strategy's sale as two events that could mark the bottom.
Stablecoin transaction volume hit a record $1.79 trillion in June, with USDT and USDC leading. Ethereum, Tron, and Solana hold the largest supply, indicating strong fundamentals for these networks.
The video suggests that despite negative news like Strategy's Bitcoin sale, the market's resilience and Trump's pro-crypto stance could signal the start of a new bull run. Stablecoin growth further supports the case for continued market expansion.
Mentioned in this Video
Study Flashcards (4)
What did Strategy sell for the first time ever?
easy
Click to reveal answer
What did Strategy sell for the first time ever?
Strategy sold 3,588 Bitcoin for around $216 million to fund dividends.
06:18
What was the average price Strategy bought Bitcoin at in June 2026?
medium
Click to reveal answer
What was the average price Strategy bought Bitcoin at in June 2026?
$64,000 per coin.
06:46
What was the record stablecoin transaction volume in June?
medium
Click to reveal answer
What was the record stablecoin transaction volume in June?
$1.79 trillion.
09:49
What two events does the host cite as potential bottom signals?
hard
Click to reveal answer
What two events does the host cite as potential bottom signals?
Trump's pro-crypto push and Strategy's Bitcoin sale.
08:53
💡 Key Takeaways
Trump's Crypto Endorsement
Trump's explicit pro-crypto stance could influence policy and market sentiment.
00:02First-Ever Bitcoin Sale by Strategy
A major shift in strategy by the largest corporate Bitcoin holder, yet market remained stable.
06:18Bottom Formation Theory
The idea that sellers marking the top now selling could signal a bottom is a contrarian market insight.
08:53Stablecoin Volume Record
Record stablecoin usage indicates growing adoption and liquidity in the crypto ecosystem.
09:49Full Transcript
[00:02] powerful. A lot of people using it, Bitcoin. >> They're using it at levels that nobody I don't I don't think anybody understands really how powerful and if we didn't do it, China would do it in a minute.
[00:15] >> President Trump signals openness to Bitcoin in the Trump accounts, calls himself a big fan of crypto. We also have Michael Saylor selling hundreds of millions of dollars in crypto for the first time ever. This has massive
[00:28] implications. We'll talk about it and of course fundamentals continue to improve for certain altcoins. Watch today's full video and click subscribe to Altcoin Daily for one video per day keeping you informed. First piece of news out of
[00:42] informed. First piece of news out of three, Donald Trump in an attempt to woo the crypto community back before the midterms. He wants to He knows how powerful the Bitcoin vote was for him back when he got elected. In
[00:55] anticipation of the midterms, expect goodies offered to us, the crypto community, to continue. Donald Trump on record saying, "I'm very much about 2-minute clip just so you understand everything. Listen, then I'll
[01:11] leading everybody. Uh crypto's the same thing. If we didn't do it, China would do it. It's a massive industry. pro-crypto, as you know, Biden was totally against it, but he has no idea
[01:27] He had no idea He didn't have a clue, but they were very violently against it. They were putting people in jail. They what they were doing to the crypto world was horrible. It's amazing it survived that onslaught.
[01:40] It was a weaponization of government. So, when I went very much for it, and I must have gotten I think I got 100% of the vote, but what happened is I think it was 100 million people. It's a big industry and that means some
[01:55] Biden then after he was getting killed, he was down so much, all of a sudden they became pro crypto. And their head of the SEC was horrible, unlike Paul, who's
[02:09] really good. And I mean, he's the best man for the job. Everybody wanted him. But he was horrible. What he was doing to the crypto They were putting people Oh, you know that better than anybody. Good people, great prestigious people.
[02:23] They were putting them in jail. And I said, "You got to be kidding." And they were trying to destroy the industry. Okay, ready? So now I'm killing Biden. I'm winning by so much. And all of a sudden he becomes totally
[02:36] pro crypto. They dropped all investigations of everybody. They allowed people to come out of jail. And every time I see a crypto guy that said, "You're lucky I'm president, because
[02:52] they You know, I don't know if you know, the Biden administration became totally uh that last couple of months, cuz they were getting killed. audience." >> Well, President Trump, it's all about
[03:05] what will you do for me today? Because you said crypto was going to the moon, yet now we're lower than when you got elected. Also, nearly a million elected. Also, nearly a million investors lost a total of 3.8 billion
[03:18] dollars on Trump Coin, per the New York Times, while you made billions. >> So yeah, I'm very much for crypto, because it's I don't It's not a question of uh a personal thing. I cuz I let my kids do
[03:30] I don't talk to them ever talk to them about it. I'm allowed to, I think. I'm allowed to, but I don't bother. >> And because Trump accounts just got launched today, POTUS rings the New York Stock Exchange and Nasdaq opening bell
[03:45] from the Oval Office for the first time ever to celebrate the official kickoff of Trump accounts. >> To ring the bell, Mr. President. >> That's $1,000 for every single kid being born compounded
[03:59] they're 18, why not add Bitcoin in there? And by the way, I do just want to check back in on my trade. I'm now up 22% on my Solana long crypto perpetuals.
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[04:55] 10 promo, link below. And if you're going long on Bitcoin, the big question is will Trump add Bitcoin to his Trump accounts? related to this in the future? Are there plans to put Bitcoin in the Trump
[05:07] >> Well, I'm a big crypto. I've become a big crypto guy only for one reason. If we don't have it, China's going to have it and they would like to have it. But now they're not even trying that hard because we've taken over crypto.
[05:22] But I'm a fan. I I wasn't initially. I didn't know much about it. But uh for some of my first term, I wasn't really I wasn't much involved, but I'd watch. industry. And I got involved in a little bit for
[05:36] I realized there are a lot of people love crypto. And even me as a starting to come in with Bitcoin and you know, the different forms. And then I hear China was going to make a
[05:51] heavy move on it, just like they do for AI. By the way, we're leading China substantially in AI, by substantial. And >> Okay. Somewhere in there, he says something could happen in response to will Bitcoin be included
[06:03] in the Trump accounts. And you know what? Bitcoin and crypto was green today on the news, despite Bitcoin's biggest holder, for the first time ever, selling millions. So, Strategy sells 3,588
[06:18] Bitcoin for around $216 million to fund their dividends, keeps their to fund their dividends, keeps their $2.55 billion reserve intact. And again, it's very interesting on bad news, Bitcoin's biggest seller selling,
[06:32] nothing nothing happened. Bitcoin went up. So, just to give you a timeline, from June 1st to June 22nd, this last month of 2026, Strategy bought 3,657
[06:46] Bitcoin for around $236 million. Their average price for that last month was $64,000. Then, at the end of last month, June Then, at the end of last month, June 29th to July 5th, 2026, Strategy sold
[07:00] 3,588 Bitcoin for around $216 million at an Bitcoin for around $216 million at an average price of $60,000 per coin. So, similar numbers, yet they bought at around $64,000 and sold lower. So,
[07:14] that's $60,000. Net one-month Bitcoin treasury change, they're up 69 Bitcoin for around $20 million. So, Michael Saylor bought a little high, sold a little low, yet secured more
[07:28] Bitcoin. And again, because Bitcoin's price is so liquid, I mean, their 24-hour trading volume is in the 36 billions. Saylor only sold a couple hundred million. CoinMarketCap showed Bitcoin doing 18.6
[07:43] billion dollars in 24-hour volume on July 4th alone. So, the sale was only about 1.16% of that single day's volume. A drop of water in the ocean of Bitcoin's liquidity for the week. Dividends are
[07:58] now funded, market inoculated, and my takeaways are twofold. Number one, I think this was a good move Number one, I think this was a good move by Saylor. He needed more cash to quell
[08:11] the haters. And because STRC, let's go to STRC, STRC the chart is still trading under $100, so under par to fund their billions of
[08:23] dollars in dividends over the years, they would either need to sell Bitcoin or sell their common stock MSTR. Michael Saylor chose to sell the Bitcoin, which I think is a good choice because he has a fiduciary duty
[08:37] to support the common stock, I think. And the biggest takeaway is the market, wasn't affected. That's takeaway number one. Takeaway number two, this is how bottoms are formed. When an asset's biggest net buyers on the way up, which
[08:53] helped mark make the top, are now net sellers or sellers, that's how bottoms are formed. Like, I want your honest take with this. If I had to pick two events that to me would help mark the bottom, I know people have said that
[09:06] before, but two events would be Donald Trump attempting to reignite the crypto community into midterms. He wants our vote. I think he knows he needs our vote. Whether he does this or not, who knows, but just the fact he's going to
[09:19] be saying good things, attempting to coax, I like that. And then also literally Bitcoin's two biggest buyers that helped mark the top. Number one the number two, I would include all the DATs, the digital asset treasuries,
[09:34] which have already sold. Now, the biggest buyer is selling. To me, that's a bottom signal. Comment your thoughts on these two events, indicators comments as I can. And by the way, while most altcoins are failing or bleeding,
[09:49] some altcoins fundamentals are literally stronger than ever. So, stablecoin stronger than ever. So, stablecoin transaction volume hits a record $1.79 trillion in June. Let me share with you this chart. This is signal. The top
[10:03] stablecoins were USDT and USDC. We know this. And the biggest supply of the most popular stablecoins are on Ethereum, Tron, and then Solana. And the only reason Tron, I don't think Tron is actually losing dominance a little bit
[10:17] to Ethereum and some of the others because they're outside of the US. And stablecoin revolution. So, good for Solana, great for Ethereum. And the case Vivek Raman, who's an Ethereum treasury bull, just made for a few for the future
[10:32] to play out. >> In that report, you put a price target on ETH. >> Ethereum's network potential is far have the whole financial system on top of it. It's going to have a sea of
[10:46] it. The core asset that secures and powers Ethereum is ETH. And so, the best money in the whole ecosystem of Ethereum is is ETH. And so, when we published the report, but >> So, this market is not over. In fact, I
[11:01] believe it's just getting started. And click subscribe. These are ongoing stories. The minute I get updates, I will keep you updated. Like always, see will keep you updated. Like always, see you tomorrow.