All Things CryptoSubscribeLive on X Spaces, Mon to Thu, 5:30 PM ET
← All episodes
Episode · Dec 3, 2024 ·

All Things Crypto: South Korea Martial Law? $BTC to $40k

On the mic

Summary

0:03:33

Markets React to South Korea News

NatNat opened the show as the group monitored markets reacting to breaking South Korea news. Sunny D highlighted TRX and XRP pumps amid heavy short interest noted by Kool.

0:07:28Buy and hold as the superior long-term strategy

0:09:12DCA success stories on HBAR, ALGO, and Cardano

0:10:38Warnings against mortgaging homes and excessive risk

0:14:19

South Korea Martial Law and Asia Volumes

Landy sorted through unclear details on the South Korea martial law situation noting heavy South Korean crypto buying on dips. NatNat credited OG projects like Hedera for building through the bear market and noted HBAR outpacing Solana in transactions for the first time ever with Kool suggesting charts of undervalued old projects on the coin fifty list.

0:19:07Getting paid in crypto, stablecoins and project conviction

0:21:51Massive sustained trading volumes from Asia and whales

0:29:14Identifying undervalued gems with high TVL relative to market cap

0:42:25

Paul Atkins Tapped for SEC Chair

Dave and Landy discussed Paul Atkins selected as next SEC Chair expecting regulatory clarity. Landy said Atkins stayed out of everybody's way previously focused on assisting the market and cochaired the token alliance promoting best practices and CFTC purview. Kool referenced a lawyer tweet questioning how crypto friendly Atkins truly is since he has not publicly mentioned crypto.

Moments0:42:25
0:57:27

MARA Acquires Texas Wind Farm

Landy explained MARA acquiring a Texas wind farm for energy independence and playing the energy arbitrage game which should benefit larger miners as energy prices potentially decline. MetaBeast added that miners like CleanSpark show strong assets versus low debt making them solid Bitcoin beta plays and mentioned the Valkyrie miner index for easy exposure.

Moments0:57:27
1:05:38

Martial Law Reversed With Little Impact

Dave covered South Korea martial law details including quick reversal by lawmakers and limited market impact with Kool agreeing South Korea lacks the weight of the US or China to move markets much. Samara discussed Coinbase listing meme coins and teasing Peanut while noting most people get rich from meme coins rather than altcoins and that memes remain immortal with extreme volatility.

Key quotes

“I just think that this dude is buying a whole... Find something you'd like, buying a whole for the long term and just relax.”

Kool0:08:48Share on X

“That strategy has been working wonders for me. I don't trade all coins at all. I just buy, get into my position. I look at my DCA levels, and I hold.”

NatNat0:09:12Share on X

“This is actually real. So, I mean, maybe that's what people are say... They're thinking it might be... We're we're due for a correction for sure.”

Kool0:10:38Share on X

“Hedera has outpaced Solana in twenty four hour transaction volumes for the first time ever.”

NatNat0:26:12Share on X

“This is we're talking about five, 10 x range on your buys, man. It's almost certain because these these tokens pin pin to the top are the coin 50 list.”

Kool0:39:03Share on X

Ask your AI about this show: Use ATC in Claude or ChatGPT

Show discussion, not financial advice.