BULL RUN IS OVER? CRYPTO NEWS LIVE đź”´

In this livestream Mason Versluis reacts to a sharp market correction that pushed Bitcoin below $50,000, discussing price movements across major and low‑cap cryptocurrencies, and offering his investment philosophy. He argues the dip is a healthy correction rather than the end of the bull run, urging viewers not to sell at a loss and to buy on dips, especially in assets he deems undervalued such as XDC, Hedera (HBAR), and others. The stream covers several news items: false rumors of an 80% crypto capital‑gains tax, actual Biden proposals for a 43.4% tax on high‑income investors, ongoing SEC litigation with Ripple, and SEC Chair Gary Gensler’s warning that 90‑99% of crypto projects may disappear. He also highlights Coinbase Pro’s new Tether listing, the concept of an “alt‑summer,” and various token sales (INX). Throughout, Mason promotes his TikTok and Discord communities, announces giveaways, and engages with live chat, reinforcing a long‑term, “discount market” mindset while warning against panic selling.
Chapters
Welcome everyone, I see you all. Simon, Max, Nick. What is up? Drop a like on the livestream before we begin. Everyone drop a like. Who sold? Drop a like on the livestream, folks. This is really crazy. What is up, folks? We've got big craziness happening just like every single day. Um, welcome everyone. Spam the time up for you. I'm 8:57 AM. I'm 8:57 AM. Hi from Germany. Damn. Um, so just to preface this live stream, we are, uh, going to cover this market dump right now, and I'm going to tell you what I'm doing. 11:57 PM. Damn. Okay, so a lot of mornings. Hello from Ecuador. Wow. Uh, to preface this live stream, We've got not much good news, but you're going to want to hear the bad news as well because that's going to keep you, um, keep you calm. When you understand how the markets work, you don't need to sell in a dip. Exactly, exactly. Why would you sell when you're down? That's the thing. Okay, say your portfolio— say your portfolio is down $5,000. Why would you sell your crypto? Then you just lost. You actually just lost $5,000. Um, but let's get into this. Let's get into this. By the way, um, thank you for the nice haircut comments. I don't know if— I didn't know if anyone would notice, but I was on TikTok Live yesterday and people were noticing. Is it going to dip even more? I don't even know. I don't even know. We're going to look at, look at what's, what's happening right now. Bitcoin is below $50,000. This thing was literally just above $60,000. It was just above $60,000, and now— and it couldn't hold that level. As we saw, Bitcoin dipped below, below, uh, $60,000 and couldn't get back up. But now it has dipped below $50,000, which is really, really crazy. It's really crazy. So if this goes— if this goes below like $45,000 we've got to be concerned. We've got to actually be concerned because my thoughts on this, it's like a normal, um, this is like, well, it's not normal, this is really bad. But, um, this is like, we had a bigger correction at the beginning of January, I believe, um, for Bitcoin. I think January, uh, yeah, right there, look at that. January 8th, and then to the 22nd was $32,000. We had a huge correction at the beginning of January. Honestly, is— to answer the question in the title, is the bull run over? I don't think so. I think this is like, this is just FUD. Because, and if you don't know what FUD means, that's fear, uncertainty, and doubt. F-U-D. Right? Um, because we're gonna cover it, we're gonna cover it. Biden is saying some interesting things. Um, yeah, it's a healthy correction. I like that, I like that. Healthy correction. Even though if this actually goes below like $43,000, $45,000, we've really got to kind of be concerned, I think. Um, but let's look at some prices. Look at Ethereum. It retained its level above $2,200. That's— Ethereum has done perfectly, even though it is dipping a lot. Every single thing is dipping, but Ethereum has retained the $2,000, uh, $2,000 level. Um, okay, let's keep— let's keep going. XRP is at $1.11 right there. Um, crazy, crazy opportunity for some of this stuff. So what am I buying? What am I buying during this? Um, hold up, gotta close the Telegram. Of course people start spamming me when I go live. Uh, by the way, after this live I will be making some TikToks and then I'm hopping on TikTok Live. So if you want to catch even more, um, because TikTok Live gets very interesting. There's a lot of funny, crazy people on there. You guys are like You guys are the smart ones who are checking out my, my YouTube. Um, the TikTok people get crazy. But what am I buying? I'm buying XDC. If I were to buy anything right now, I'm going to buy it. Oh my, look at Hedera Hashgraph. Look at Hedera Hashgraph, 25 cents. Uh, what else do we have? We're gonna get into the news too. There's some interesting stuff happening. Uh, let's check XDC. I believe it's at 6 cents. 7. Okay, it went up 7 cents, so that's potentially a good buy. Look at that crazy dip right there. It hit 13 cents and now it's down 7, so you could almost get an instant double on that. Um, what is happening with Quant? Let's check out Quant for a second. $38. Wow. So every single thing you could ever think of to buy right now is a good buy. That's, that's it. Every single thing you can think of. If you want to buy the Bitcoin dip, you could. If you want to buy the Ethereum dip, you could. All of these dips, basically you got to look at the percentage. This is what I do, not financial advice, but I look at this and I'm like, okay, that's easy 20% that I can gain in the future right here because it's down 20, 20% in 24 days. I mean, in one day, that's an easy 20% you could gain. You got to think of it like that. There's a different, like, inverted mindset that you need because I'm— I've been getting people like screaming at me in my Instagram DMs like, you lost me money. No, my portfolio is down thousands and thousands of dollars as well. Like, I'm losing money too. We're in this together. We're in a discount market. I like that. Yeah, bear market should be called discount market. Um, and like I said, uh, in one of my previous videos, I think bear markets and bull markets are continued, like super changed, if that makes sense. Like they're not the same as before. Like you can't even be looking— stop labeling this stuff. It doesn't need to be labeled. You're here right now. You're conscious about crypto right now. You're aware and you're paying attention of crypto right now. So that's all that matters. There's always stuff going up and down in a market, always. Even in a bear market, it's not like everything just continuously goes down. There's always money to be made and you can always stake your stuff. But let's get into the news right here. Bitcoin falls below $50,000. A price correction or a result of Biden's tax proposal? So if you didn't hear the, the Biden tax proposal, first of all, there was a, uh tweet that went viral. I think there was a tweet that went viral saying 80% capital gains tax for crypto, which is absolutely false and strictly a rumor and not even real. That was just a tweet that went viral. So don't take these tweets as— there's been a lot of tweeting FUD happening, like super a lot, um, with, um, there was this one FX hedge account that was saying they had sources for the— for some— the SEC was going to, um, hit a bunch of cryptos with regulations or something like that, or exchanges with regulations. Jordan, we need to hold all of our assets, let the profit run. Exactly, exactly. Um, okay, so, and then this was the real fun as well. Like, this is actually real. Joe Biden is eyeing a capital gains tax as high as 43.4% for the wealthy. For wealthy. So first of all, the code on this is it looks like he's calling any investors right now— he's looked like— it looks like he's like, okay, they're going to be wealthy. That's what I get from that on a coded level. Um, but yeah, so he's trying to impose a, a capital gains tax of 43.4%. Now I watched BitBoy's video in the morning today. I watched BitBoy's video on this. And he's, he's, he's spot on. The wealthy don't pay tax. The wealthy and the rich don't pay tax. They hire the best people to do it for them, and they get all the loopholes. Like, and if they start taxing— yeah, exactly, Bible prescriptions. You said move to Wyoming. If they try to tax something, you just move. They move all their businesses. So it's, it doesn't even make sense. And he was saying it's to hurt you. It's to hurt the middle, lower class people. And I agree. This whole thing is to hurt them. Because the wealthy don't pay this shit. They don't pay taxes. Amazon and Facebook don't pay taxes. Or they show like a zero profit and then they don't pay. So, I mean, if they have to pay taxes, of course they do it. It's not a matter of evading it. It's a matter of they, they hire all the best people, they get the loopholes, they run businesses from certain locations, they file things in certain locations. Um, so this, like, it doesn't make sense. It doesn't make sense. Um, it's extreme FUD, and a lot of people pulled off smart moves. Mike, I appreciate that in the comments. Um, where do we buy XDC in Canada? On Bitrue. On BitTube. On BitTube. So here we've got some SEC Ripple news, which I'm tired of hearing, of course, as we've heard for a billion years about this. Nothing ever gets progression. There's no progression ever happening. Um, the SEC asked court to dismiss Ripple's lack of due blah blah blah blah blah. So they're trying to get them to dismiss it. The SEC is getting desperate. If you don't care about Ripple, if you do not care about XRP, you do need to care about this lawsuit. That's it. If you don't invest in it and you hate it, you still need to care about this lawsuit because the outcome of this lawsuit is going to determine tons of things in the crypto space, like a lot. And we're going to get into that as well. I've got some very, very good clips coming up right here from Gary Gensler, who is now the SEC chairman. Um, I've got some really good clips right here I'm gonna show you, and it will blow your mind. It'll blow your mind. Yes, the INX token offering has ended. It has ended. Uh, it says thank you to everyone who participated. As I said before, don't, don't put faith in countdowns, and don't put faith in dates, and don't have stuff riding on that, because nothing happens. It's just a countdown to the close of the token sale, but I believe they're starting to onboard people or something, and by the end of May we'll get going, I think, or we'll be going, hopefully. Um, XRP— Carlos says XRP will have a trillion dollar market cap by December. You think so? Then what does Bitcoin have? Does it pass Bitcoin? Like, Bitcoin's got to move up. That's why I think Brad Garlinghouse is bullish on Bitcoin. If you guys know Brad Garlinghouse, he's the CEO of Ripple. He says he's extremely bullish on Bitcoin because if Bitcoin moves up to a $5 trillion market cap, that means that anything else can get there. Because Bitcoin, it's like almost like a rule that Bitcoin has to stay number one, because if that is— if Bitcoin is passed, it is the most insane day of all time. It is the most insane day of all time. It will be a day in history. It will be a day in history deemed the day that Bitcoin was surpassed as number one digital asset. That'll be a day. So as Bitcoin moves up, you can follow it. So XRP could get to a $3 trillion, or Ethereum could get to a $4 trillion market cap, but it has to go with Bitcoin. Um, unless it wants to pass it. If it does pass it, that's a huge day. That's a huge day. We've got Coinbase Pro listing Tether. Do you see how much value I'm giving in here? Do you see how much value? That's a calm opinion, or that's a calm insight where you can really feel like you know what's going on just from that insight of Bitcoin moving like that. Um, Okay, Coinbase Pro is listing Tether stablecoin. Apparently this is very bullish. Um, I know we have mixed thoughts about Tether and stuff, but honestly, Tether— I think Tether's the one. I think that's a— that's going to be the stablecoin. If you look at it from a— from a decoding perspective, that T logo with the ring around, we know what the ring around means. Um, Yeah, the ring around the T, even if you guys know what that means on a coding level. The T first of all, and then the ring around it. Yeah, alt summer. Apparently alt summer is going to be the thing. Alt summer. So anybody wanted— want some alt summer? I'm down for some alt summer. Yeah, HBAR, I see you. HBAR is a Tankin' as well. 25, 25. Look at that big crash right there. But I mean, we did go from 39 cents all the way down to 29, back up to 40, and down to 29. And now we're— now we peaked at 38 and went down to 25. Really crazy, uh, really crazy. What I'm doing, I'm holding, of course. I'm holding strong and buying more. Why would you not? Why would you sell your crypto at a loss unless you're trying to do some kind of loss reporting on your taxes or something? I don't know. Um, okay, Algorand officially pledges to become the greenest blockchain Amid accelerated adoption. This guy really looks familiar, I don't know why, but Algorand has pledged to be the greenest blockchain in partnership with CO2. Um, Algorand network surpassed 10 million accounts. We like that, we like that. Got it when Mason called the 13 cents HBAR. Exactly, I was telling people, anything under 15 cents and then anything under 10 cents and anything under 20 cents. Um, ETH will lead the way, don't worry about Bitcoin. I hope ETH leads the way. I would be completely okay with Ethereum passing Bitcoin. I actually want that to happen. I would actually be like, okay, good, good. OMG, am I late? Yeah, you're a little bit late. We've been going for 16 minutes. By the way, after this Um, after this I will be going live on TikTok. I'll be going live on TikTok probably, so stay tuned after. What you think of Link? I like Link. Nano is better than ALGO. Nano looks pretty good, but I don't think I'll, I'll invest in Nano. Um, Ripple shifts 190.7 million XRP, so XRP is moving. Whale alert. This is always just— I don't like paying attention to that whale alert. Now let's check out these. Actually, let's not check out that clip, but this clip. Watch this. This is frightening, folks. Watch. Take a look at this clip. This guy is now the SEC chairman, by the way. He is in charge of the SEC. Listen to what he says about cryptos disappearing. He's talking about cryptos disappearing. Ready? But I do— I think that 90+ percent, maybe 99%, will, will will go the way of the dodo bird. Yes, though I have more respect for the dodo bird than some of these projects. That dodo bird survived for thousands of years. Pretty resilient. Pretty resilient bird until the Europeans got to that small island. Do you hear what he's saying? Fundamental question will still be, is there a real use case But I do— I think that not— do you hear what he's saying? He thinks 99% of cryptos will go the way of the dodo bird, which means extinct. He's frankly saying it. That is the chairman of the SEC right there, right there. And the SEC is important in terms of crypto. Um, so literally he's saying that 99% of coins— he also says in this interview If you want to watch the interview, it's right there on my Twitter. Um, he also says that, that a bunch of these ICOs are actually just securities. They're securities. And Dodo— he, he uses the analogy dodo bird. And we know that Binance released a coin called Dodo for no reason. I forget why this was. It went all the way up to $7 and now it's down to $2.89. They released this Dodo thing. So I don't know, that's really interesting right there. How long ago was that video? Is 2018 or 2019? Sorry, 2019, this video. What's up, TT? What's up? We got a new dose of people in here. We're covering if the bull run is over. I don't believe it's over. All I'm doing is holding and buying more. I think there's a lot of FUD right now. There's manipulation going on. Um, Mary, I appreciate that. Jules, what up? Perhaps he has changed his tune since then. Perhaps. I don't think so. I don't think so. Um, if you watch this, if you watch this whole interview, which is on my Twitter, Mason Versluis, V-E-R-S-L-U-I-S, that's my last name. Um, if you watch that full interview, a lot of the things he says in there are in line with what Ripple's doing, and he's handling the Ripple case now, or he's the SEC chairman. Where did you get those glasses? These are Burberry. You can see the— is that gonna focus? That ain't gonna focus, but there's a sticker or a thing right there. It's not a sticker. I always get told by people to take it off. You're an idiot for keeping the sticker on. It's not a sticker. It's It's ingrained in the glasses, um, but they're from Burberry. Do you think XRP will remain like that for months? Hopefully not. Hopefully not. It's not just about XRP. This isn't just about XRP. You can see everything is a bloodbath. Everything is a bloodbath. You know it's bad when stablecoins are the top gainers. Look at this. TerraUSD, look at that. There's only Compound has gained 5, 5%, and Helium. That's it. Look at that. Um, okay, anyone in here, by the way, I'm going live on TikTok after this, probably like maybe like 20 minutes after we end this. But let's keep going. We showed this clip, um, and right here, this is what I'm gonna end the little news off, and then we can answer some questions and just chill. This is teaching me that some people are not built for crypto. If you don't want to see your whole portfolio go down like 30% in 5 seconds or a day like it did, then get out of crypto. Go to stocks, even though the stock market also was, was taking a hit. Um, go to stocks. It's more boring. Stocks are boring. Like, you don't see these crazy crazy fluctuations. Like in crypto, we can see 500% in a day. You could see 400% in a day, 300% a day, but you could also see negative 100% in a day. A lot of people aren't built for this. I've been getting messages on my Instagram and my Twitter of people yelling at me mad that I lost them money. First of all, I do not control the markets. Second of all, I lost money too, and we didn't lose anything. Did you sell? If you sold, you did lost— you did lose money. Actually, you did lose money if you sold, and honestly, you're not smart if you sold, in my opinion, because why would you sell? Why the hell would you sell? This whole channel and what I'm doing is about long-term wealth. We're building a long-term portfolio. Um, yeah, don't waste time on those people. Yeah, I just block them. I just block them if you're really saying that. Um, yeah, yeah, don't sell. Don't sell. Like, that's the worst thing you can do right now is look at your portfolio, say to yourself, damn, I'm down thousands of dollars, I should probably sell everything right now before it goes more down. That is complete idiocy in my opinion. And if you did that, no offense, don't sell. Buy more, buy more. Um, yesterday my online spend was actually maxed out, so I couldn't even go on Coinbase and buy stuff. My card was maxed because I was paying my taxes. But, um, so today, if I, if I want to get some, today will be the day, and I will be buying potentially some XDC. And what's the other one I was gonna buy? Um, what's the other one? Stellar maybe. But it's back to 42. That pisses me off a lot. That pisses me off a lot. Um, hello from Greece. What's up? I want to go to Greece. Um, what's up, Eddie? We got 417 in here. Should I go live on TikTok, like on camera, like load it up right now and just go live? That would be dope. Um, HBAR. Yeah, yeah, yeah, HBAR. SafeMoon is not a scam. SafeMoon is not a scam. It's just very not good as an investment long term. But if you can make money, you play the game, you play the game, do it. Y'all saying do it? That would be crazy. Double live? Double live on TikTok? And how do I do that though? That's kind of scary. And plus I gotta post my, my TikToks after my morning TikToks. Um, no, that's too hard. That's too much. That's too much. I can't be having 400 viewers in TikTok and 400 viewers on here. I'm about to have a panic attack or something. Did Marin convince you that SafeMoon isn't a scam? No, Marin knows that. Marin knows exactly what's happening. Um, I, I've never said SafeMoon's a scam. It's just not something you should really like look at. It has 640 trillion 640 trillion supply or something. That's really crazy. It's not a scam, I have gains. Exactly, people have made money on it, therefore it's not a scam. Actually, you can make money on scams, but, um, I highly recommend— like, Maren's gonna drop that on her channel. Go to Maren Altman's channel later in the day and you'll see. You can watch it back. Me and her were live on, on her podcast on Twitch. Um, and there's— I like what she said, there's different, um, ways to use the word scam. Like, there's a, there's a legitimate scam where it's straight up they're here to take your money, and there's, um, many people use, overuse that word. They overuse that word. Thoughts on CRO? That might be a buy too. Let's see where CRO Is that below 15 cents? Nope, 16. Okay, okay, everything is a risk. True, this could all go to zero. This could all go to zero. Is she your type? Yes, she's my type, 100%. Was waiting for your attendance today. MyEyesKitty is a scam. INX or Coinbase? INX. INX. I'm I didn't buy any Coinbase stock because I was buying up INX. Um, Refinable. Thoughts on XLM? XLM is great. I prefer XRP, but I do hold XLM. Quant is keeping strong. Yeah, at this point, Quant is a stablecoin. At this point, Quant is a stablecoin. Jules here, you hope she's watching this. I do hope she's watching this. She should watch me more. She can learn about XRP. Love that you cover HBAR, most undervalued project. Exactly, exactly. And I try to talk about HBAR every single week, like I at least post a video about HBAR every single week on my TikTok. Um, yeah, I heard something about it's not the end of the bull market. It's not the end of the bull market. This is extreme FUD. Market manipulation, um, whale manipulation stuff. Really stupid stuff, weird stuff going on. Um, uh, what do you think of VeThor? Hold VeChain and you earn VeThor for free. I don't know why many people don't know that. I don't know why many people don't know that. Um, Cover INX also? We just did. There's nothing to cover. The token sale ended. The token sale ended and boom. What about Black Swan in summer? Who knows? Who knows? Who knows? Who to blame? Biden? Um, kind of. I think the, the FUD is just horrendous right now. Um, give this man more Triple Master subs for his quality info. Facts. Facts. You get— I'm telling you, you watch my channel, you'll get all the news fast with, uh, calm, balanced insights that keep you calm and make you feel like you know everything that's going on. Because you're supposed to write your own timeline right now, and I'm— that's all I'm here to do is help you write your own timeline. Is INX out of sale? Yup, it is. Token sale has ended and it'll be available on the secondary markets by the end of May, and you'll probably be able to buy it for an increased amount, which sucks. What's your take about Cardano? Cardano is great. Cardano is great. I don't invest in Cardano. I was burned by Cardano because I sold like an idiot, but It's looking like it has a big dip right now, so you could get it. Dreshar Gaming, appreciate the triple master, really appreciate that. That is some big support. Spam some W's for Dreshar Gaming, spam up some W's in the chat. We need a bunch of W's for Dreshar. Um, I appreciate that, uh, membership. Also, you can now get access to the private Discord server. And that means you have, that means you have, um, you have 24/7 access to my opinion on anything, not even just crypto. You can just ask anything. Also, you have access to a 250-member community of knowledgeable people and a support group. Just go to the, the community section, go here to my channel community section. And, um, fill out this form right there and you'll get access. Shout out all the channel members. We've been growing the channel members Discord. DS, do you not sleep? Feels like it. Feels like it. Um, do you invest in low-cap coins? The only low-cap coin I'm invested in that's really low-cap is on Federal Reserve. It's not even showing their thing. Damn, or it is loading. Yeah, that's a very small cap that I'm in. Dovu. Mm-hmm. Dovu was going up 100% when, uh, Dogecoin— when Dogecoin was going up huge, Dovu was going up. How do you buy Dovu on Uniswap? How do you stay consistent? You live, breathe, and walk this whole thing. You live, breathe, and walk it. My hobby is crypto. My passion is crypto. My passion is spirituality. My life is crypto. My work is crypto. My work is spirituality. You see how everything is one? You have to make everything in your life one. You want to get paid for your passions? Get paid for your passions. So you flip your passion into payment, and then your life is just one thing. Like when you're living, you're doing your work. When you're living, you're actually playing. Um, if you spam in the comments— oh, let's, let's knock them out. Let's knock them out. Let's knock them out. We got a spammer, folks. I'm gonna knock them out live. Watch this. I figured out how to do it. If you spam, you get knocked out live like Jake Paul. Hold up. Oh my, here we go. Go to his name. Boom. Hide user on this channel. Bow. I'm sorry, I don't deal with the spam. Um, thoughts on Pirate Chain? I don't have thoughts on Pirate Chain. What is that? I don't look at these small— these super small ones. Mason's predictions have been true so far. I don't predict. I don't really predict. Um, I've only put out a bunch— or I've only put out a few like official predictions, but predicting is stupidity. Predicting is stupidity. You can't predict it, and today is an example. Nobody could have predicted that this Biden news would be blasted and everything would go down like that. Nobody can predict anything. Especially in crypto. Maybe in stocks it's easier, but no way in crypto. Uh, okay, I'm gonna wrap the stream up. I appreciate everyone being in here. We're going to move to TikTok Live. TikTok Live. I will be posting some TikToks. Um, I will be posting some TikToks and then we will go on TikTok Live. And it'll be a live stream there. So definitely follow me over there. Follow the Instagram right there and the Twitter if you want to be ready for giveaways. If anybody's new here, I've given away 5,000 HBAR, 5,000 HBAR, and like 1,000 XRP and a couple Ledger Nano Xs. If you want to be prepared for future giveaways, the requirement is always that you follow the, uh Instagram and the Twitter. Um, but we're gonna, we're gonna get off here. If you want to come over to the TikTok live when it's up, it'll probably be like 20 minutes. I gotta make some— I'm gonna make some TikToks, put them out, and then, uh, um, go live. So appreciate everyone, I love you all. Let me, um, hop off here. Sending love to everyone, and goodbye.










