Oil more popular than Bitcoin? | Crypto Talk

Show notes

Can it be that due to the geopolitical tensions oil is more interesting for traders than Bitcoin?

00:00 Intro 00:27 Disclaimer 00:32 Preview 00:41 Bitcoin 02:56 Ethereum 04:56 Uniswap 07:00 Subscribe & Good bye

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Show transcript

00:00:00: Bitcoin getting liquidated less than oil, Bitmine buying Ethereum and why Uniswap is profiting from the Robinhood chain.

00:00:11: That and more in The Crypto Talk this week!

00:00:27: This video isn't a financial advice.

00:00:31: We are discussing, of course Bitcoin developments.

00:00:34: we're looking at Ethereum and then At the end will also quickly look at uniswap as well.

00:00:40: But first let's start with this new story right here because oil is beating bitcoin.

00:00:46: but it's not what you're thinking Because on hyper liquid we have since the beginning of the Iran war gas and oil, of course are being discussed.

00:01:03: And traded but also pre IPO tokens have had tremendous volume on hyperliquid.

00:01:10: now in this case it was actually oil.

00:01:12: specifically brand oil position has actually beaten Bitcoin when it came to a liquidation.

00:01:18: nine point three five million US dollars Have been liquidated because the oil price is actually gone down Because off some peace talks at least over-the-weekend between Iran.

00:01:30: So that essentially means there was more interest for trading oil on hyperliquid than it actually was.

00:01:37: a four Bitcoin because while the crypto market has also had its fair shares of liquidations, we're talking about ninety five million US dollars.

00:01:46: The total on bitcoin side with just six point two million U S dollars.

00:01:50: so that essentially mean's all was more popular and hyperliquent then bit coin but off course.

00:01:55: That Also Means We Are Seeing Kind Of A Finance of all assets, we're also seeing these assets traded on alternative exchanges such as Hyperliquid.

00:02:07: So We are seeing All These Assets being Traded On Different Exchanges Different Products But At The Same Time.

00:02:13: Of Course Bitcoin Is Also Part Of That Same Conversation.

00:02:17: Now, if we jump into the chart.

00:02:19: We can see it a following image not a lot has changed to be honest bottom part of that range.

00:02:33: Again, ideally we'll hold up and off course due to the kind of escalations on the geopolitics side.

00:02:40: We're always seeing a back-and-forth on Bitcoin price but will still be optimistic Of the bitcoin prize reaching around sixty five sixty six thousand US dollars over this week in order for us To actually go towards seventy K. Then we are talking about Bitmine because they're buying Ethereum and while it is also outperforming Bitcoin.

00:03:05: Because before this correction that you see right now... Ethereum was actually proving to be quite the interesting investment.

00:03:13: Of course, Bitmine is buying and buying.

00:03:16: they bought another ten thousand Ether last week And their sitting still on around a four point eight percent of the total supply.

00:03:25: Their goal is offcourse to reach five percent.

00:03:28: very interestingly They are getting about two hundred ninety nine million US dollars worth of dividends by staking rewards so that different if you compare it to, for example the strategy stock.

00:03:43: That is also why they have introduced a STRC product of course as strategy has announced this week that just re-purchased twenty five million US dollars off their STRC products.

00:03:56: They haven't bought any Bitcoin but didn't sell any bitcoins so at least better.

00:04:02: But in Bitmine immersion technologies perspective The better investment is clearly Ethereum because the theorem is giving you staking rewards.

00:04:10: Ethereum might actually run much, much better or correct less compared to Bitcoin.

00:04:16: so we will see how that bet is playing out now.

00:04:19: if Of course, but the correction wasn't as bad to be honest.

00:04:27: We have reached here kind of a small double top here and then since Then have come down And ideally we'll see exactly the bounce that we've experienced Here at around a thousand eight hundred if you will too warred for the price To actually go back up once again.

00:04:43: That would Be The Best Case Scenario For Ethereum As Well?

00:04:48: I think Once That Momentum is Back in ETH side better price action on Ethereum compared to Bitcoin.

00:04:56: Another thing that could actually help improve Ethereum's price is the whole Robinhood chain story, because Robinhood came out with a chain about two or three weeks ago.

00:05:05: A lot of volume has crossed their decentralized exchange parts as well And from the volume side, we can clearly see a big winner here.

00:05:26: The additional, let's say advantage for the Uniswap owner here is a change that came in December twenty-twenty five.

00:05:50: Essentially it was decided that at the UNI swap token holder will benefit from additional volume on the UNISWAP exchange.

00:05:59: meaning as soon as the volume reaches a certain amount parts of that volume or part of that revenue we'll instead going just to liquidity provider the value of the uni token.

00:06:13: and that is exactly the case.

00:06:15: That has been happening in the case off the Robinhood chain, bringing additional volume towards Uniswap.

00:06:21: this was exactly what has happened And it's not enough however.

00:06:29: from a technical perspective uniswapp Is at very interesting part.

00:06:34: here we can see clearly sitting around three dollars seventy or three dollar ninety essentially just before an interesting breakout.

00:06:42: So I would trade this break out right away, so as soon CFDs and

00:07:10: digital assets are volatile, not suitable for everyone.

00:07:13: SwissQuote assumes no responsibility for accuracy or losses from its use.

00:07:16: Products in services were offered only where legally

00:07:19: permitted.".

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