ROLLUP: All Time High Debate | New ETF Record | Wormhole Airdrop

Banglastation, happy second week of March. Welcome to the bull market. Um have have we welcomed them enough times?

You've said that 20 times. You said that 20 times.

I I don't think we can say that too many times, David, because uh people are excited about this. Um and uh it needs to be celebrated every single week of the bull market because we gotta enjoy these times, David. We don't know how long they're gonna last.

In a bull market.

Uh speaking of which, did you know, David, Bitcoin hit all time highs this week for like three seconds?

It glanced it at us.

It's a glancing blow. Are we gonna

The debate about this right now.

is still preserved? We have not crossed all time highs.

Okay, so um I thought that we did cross all time highs because I actually don't know what all-time highs are for Bitcoin. Six uh 69,000 something, I recall that much. And then everyone was saying we hit all time highs.

Well, no,

A lot of

all of the Twitter influencers want to have the banger tweet that goes off and gets 10,000 likes.

people did it.

Yeah, but like we touched all time highs, maybe like touched it on Kraken, it was 69,100 and something. In my mind, all-time highs is 69,420. But really, we're not gonna like confidently be above all-time highs until like probably 70,000

I wasn't saying we were confidently. I'm saying I'm wondering. I'm asking the question whether it technically counts. Because if it's above the last all time high, then it technically counts. And I will

technically counts, but it's cringe to celebrate.

No, it's not. If it technically accounts, then we did.

No, then we didn't know. No. We are in not in spirit, we have not crossed all time highs.

But you're saying it doesn't technically count. You're you're saying it wasn't actually technically hit. And I'm trying to find the truth of that. On on like what chart

what's the canonical all time high number?

There is none. Well, because like Kraken has their number, uh, Coinbase has its number, like Binance has its number,

Okay.

And the David Hoffman uh

David Hoff number, which is the canonical version,

you to still okay. You pick the highest one. Do you pick the highest one?

the highest one 69.420.

Okay.

We did not touch.

So according to David, we did not hit all time high.

Yeah.

According to Ryan, we did for three seconds.

People in my Twitter DMs all agree that it's a mulligan, it's a do over. We did not cross all time highs.

That's your Twitter followers. Of course they agree with you. That's like

I Twitter followers followers.

Well, uh, we'll let the bankless nation decide whether we hit all time high or my but honestly,

I'm fine. I'm fine waiting for another week, another two weeks, because I can start this episode again by saying welcome to the the bull market.

At the beginning of last week,

Wild.

I think it was actually the day before this happened. It was like Wednesday or something. Uh, and I think it was like uh you, Josh, a few other people were all in a bankless call together, and we're like, oh yeah, we're hitting all time highs tomorrow. I'm like, we're not hitting all time, like it we are at 67 and a half thousand dollars, and you guys are like, Yeah, we're hitting all time highs tomorrow. I'm like, guys, we're it's not, it's gonna be next week. Like, it's not happening this week.

So wait, but but to me, that's more evidence that we actually hit all time high, and you're you're in denial, maybe, David, because you've you've already called it, you've already implanted this in your psychology that we're not hitting it to next week. Maybe we actually hit it.

We did not hit it.

Or is this is this part of your is this part of your plan to do the quiet um

Calm people down. Yeah, yeah. It would be better for the industry if we were hitting it later.

all right. Well, uh that's one thing we're gonna talk about a little bit, this all-time high question. Uh what else, David? We got some records that broke as well. The spot ETF's broke another record. We talk about that. And also, I want to talk to you about the Ethereum ETF because some people are saying that we are a little too excited about the ETF, and we should cool our jets a little bit. What else we got?

Wormhole announcing their airdrop. Who is eligible? We got a summary for all the details, but we're gonna need more details out of Wormhole in the future. We'll talk about that. Uh Eigenlayer surpassed $10 billion. Yowser. Uh, and the also the SEC is going after Shapeshift. Commissioner Hester Peirce drops a screenplay, and eight United States State Attorney General has called the SEC a regulatory power grab. So the SEC drama does not continue.

Uh let's talk about Bitcoin price right now. Now, I will agree with you. We are not at all time high at the time.

Currently recording. Yeah.

What do we add on the week, David?

Okay. We started the week at $62,300, up five thousand four hundred dollars on the week, 8.5%. We are currently at $67,800.

Can we talk about this? This big red candle down.

Yeah. Like how we got one billion dollars of people getting liquidated.

Okay, so what is up with this? By the way, we're we're looking at these glorious prices on the the Kraken Pro charts, which is a fantastic place to go buy your crypto assets this cycle. Uh but we okay, here's where some people called the all time high right here. And then just after that, we just tanked.

Like it was just

Double digit.

such obvious price action.

Double digit candle down. What happened? Why did that happen?

Uh, because a bunch of D-Gens levered up,

and too many of them all joined on the same trade, and then it was too frothy too quickly, and then everyone got liquidated. Uh, and then the crazy thing is we spiked right back up.

So we went right back up to like sixty-eight thousand dollars. Uh, I mean, leverage is a rite of passage, leverage is a part of the bull market. Uh, so like when I say DGens, I don't mean it like uh der in a derogatory fashion. It's just I only mean it when there's too many of them. Like we can't all be DG's.