Speaker 1: Hey, folks, welcome into the Thinking Crypto Podcasts. You're a
Speaker 1: home for cryptocurrency news and interviews. I'm your host, Tony
Speaker 1: Edward on Your weight In. Please hit that subscribe button
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Speaker 2: Folks. Bitcoin is starting to cool down today.
Speaker 1: It actually pumped to a new all time high of
Speaker 1: one hundred and twenty five eight hundred dollars, so it
Speaker 1: looked like it was about to hit one twenty six.
Speaker 1: But it's cooling down right now. So as I've been
Speaker 1: stating since in yesterday's podcast that the RSI in the
Speaker 1: daily chart is in the over barn zone and to
Speaker 1: anticipate expect a pullback. Not that I want that to happen,
Speaker 1: it's what the date is telling us. Because you had
Speaker 1: some trolls in the comments section in yesterday's episode and
Speaker 1: they're like, oh see, you always call for pullbacks and
Speaker 1: it never happens. Well, look at what's happening with bitcoin
Speaker 1: right now. There's actually a red candle forming on the
Speaker 1: daily chart. If you look at the MACD the solid
Speaker 1: green lines which indicate the bulls are in control, are
Speaker 1: starting to get lighter, so they're losing momentum here. Now
Speaker 1: this could reverse course right because we could see bitcoins
Speaker 1: still get a bit more overheated before a pullback, but
Speaker 1: a pullback right now would be very healthy, preparing us
Speaker 1: for the next leg up, which I think is not
Speaker 1: far away. And what we could see with this respective pullback,
Speaker 1: if it does continue, is that the rotation of liquidity
Speaker 1: will start hitting the all coins. So we'll start watching
Speaker 1: the all coin markets. You know the total III and
Speaker 1: how that's going to move in the coming days. So
Speaker 1: again normal healthy pullbacks. Nothing goes up in a straight line.
Speaker 1: Always follow the data and the charts. If we look
Speaker 1: at the weekly things are flipping bullish, So the people
Speaker 1: who are worried about various divergence and all kinds of
Speaker 1: stuff that has been invalidated, you have the MACD flipping
Speaker 1: to green with bulls taking control here. So patients is
Speaker 1: the key. We are still on track. We're still in
Speaker 1: a bull market, and in fact gold has been ripped today,
Speaker 1: guys hitting new all time highs. It is going pretty crazy.
Speaker 1: Looks like it wants to break four thousand dollars. So
Speaker 1: it's what I've been telling you over the past two years.
Speaker 1: We are in a macro bull market for all assets,
Speaker 1: crypto stocks, precious metals, and even real estate. And it's
Speaker 1: all following global liquidity. So if your favorite analysts or
Speaker 1: influencer is not telling you about global liquidity, they are
Speaker 1: doing a disservice to you because it's not the only factor,
Speaker 1: but it's a factor you have to look at. You
Speaker 1: have to understand what's happening in the macro here to
Speaker 1: help us get in the idea of where we're headed.
Speaker 1: So this is a very important indicator here, and we
Speaker 1: are seeing the result of the rising liquidity coming in
Speaker 1: from across the globe. What's interesting is even as the
Speaker 1: government shutdowns taking place, crypto's pumping in the face of that,
Speaker 1: and in fact, crypto funds smash records with five point
Speaker 1: nine to five billion dollar inflows amid shutdown concerns. Crypto
Speaker 1: ETPs posted a record five point ninety five billion dollars
Speaker 1: of inflows last week week, with bitcoin leading the gains,
Speaker 1: recording a record three point six billion dollars in inflows
Speaker 1: amid concerns about a US government shutdown now we've talked
Speaker 1: about this, the markets, no governments can say shut down forever.
Speaker 2: People will be writing in the streets.
Speaker 1: They're going to sign the check and the markets know
Speaker 1: that means more liquidity, more printing of money. So that's
Speaker 1: the story. Don't be fooled by the mainstream media. Don't
Speaker 1: be fooled by the politicians and their dog and pony show.
Speaker 2: Guys. We've seen this before.
Speaker 1: It always ends in them figuring it out because if
Speaker 1: they don't, the masses will rebel. And yeah, anyway, let's
Speaker 1: not go down that road and talk about that. That's
Speaker 1: a whole other podcast, right, But I hope you see
Speaker 1: what's happening here. Now, look at this Kathy Woods. ARC
Speaker 1: invests bets on tokenization with a stake in black Rock
Speaker 1: back Securitize. Very big move by Kathy. We know she's
Speaker 1: very bullish on bitcoin and crypto. ARC invest has its
Speaker 1: own ETFs, of course, but this is a very smart
Speaker 1: move on the hurt part. So ARC invest has taken
Speaker 1: a stake in tokenization firm Securitized as part of its
Speaker 1: ARC Venture Fund. The funds investment is Securitized is valued
Speaker 1: at approximately ten million dollars, making it the eighth largest
Speaker 1: position in the fund, per the fund's latest disclosure. Tokenization
Speaker 1: of real world assets is a fast growing trend in finance,
Speaker 1: with the market doubling this year and projected to reach
Speaker 1: trillions this decade, folks. Larry Fink at Blackrock said, tokenization
Speaker 1: is the future of finance. They're putting the money market funds,
Speaker 1: they're putting hard assets, even gold, real estate. Everything will
Speaker 1: be on the blockchain. It's what I've been telling you
Speaker 1: guys for a long time. The future government, economies and
Speaker 1: markets will all run on blockchain rails. This is a
Speaker 1: smart investment by Kathy into securitized. Blackrock has already invested
Speaker 1: insecuritized and securitizes. The firm that helped Blackrock to launch
Speaker 1: their tokenized fund called Biddle. So they are leading to
Speaker 1: charge in the tokenization and they've been at this for
Speaker 1: a long time. I remember meeting one of their co
Speaker 1: founders and and the president. He was the president as well,
Speaker 1: Jamie Finn, years ago like twenty nineteen, and they were
Speaker 1: such a small company back then, but now they've grown
Speaker 1: significantly because tokenization, as mentioned, is the future of markets.
Speaker 1: Look at this the capitulation of Wall Street continues, Morgan
Speaker 1: Stanley sets four percent crypto cap for opportunistic portfolios, aligning
Speaker 1: with black Rock and Greyscale. Essentially, they're saying, hey, you
Speaker 1: know that crypto thing. I think it's good for you to,
Speaker 1: you know, put some of your cash in it, some
Speaker 1: of your investment funds in it. So we recently saw
Speaker 1: Vanguard ben de Nie I think Charles schwabs around the corner.
Speaker 1: So Morgan Stanley is now saying, you know.
Speaker 2: It's good to allocate crypto here.
Speaker 1: So Morgan Stanley's Global Investment Committee has recommended capping cryptocurrency
Speaker 1: allocations at up to four percent in its most aggressive
Speaker 1: client portfolios, the bank said in an October first Note.
Speaker 1: The guidance adds to Wall Street's changing tune on how
Speaker 1: digital assets should fit into traditional multi asset portfolios. So, folks,
Speaker 1: I've said this before. This is why I'm not just
Speaker 1: bullish on this bullmarket, but the future bullmarkets of twenty
Speaker 1: twenty eight to twenty thirty. So that's why when the
Speaker 1: bear market rolls around and it's blood in the streets
Speaker 1: and people are fearful, I'll be backing up the truck,
Speaker 1: buying and getting ready for the next run. Up because
Speaker 1: you know, it's going to take time for all these
Speaker 1: banks and companies to ramp up, and a lot of
Speaker 1: them are still waiting for the Clarity Act to pass
Speaker 1: the Crypto Market Structure Bill, so they have, you know,
Speaker 1: the illegal framework to know how to operate and what
Speaker 1: to do to avoid risks. So you can imagine they're
Speaker 1: going to do a lot of R and D and
Speaker 1: build a lot of different products and prepare for the
Speaker 1: next bullmarket. It's it's how they've operated in the past
Speaker 1: with other asset classes. Now, folks, today was a historic
Speaker 1: day for crypto ETFs. The SEC has approved staking in
Speaker 1: gray scales, etherorem and Solona ETFs. This is the first
Speaker 1: in the United States. It's what we've been with waiting
Speaker 1: for for a long time. And the SEC just recently,
Speaker 1: you know, they updated their ETF standards with the genericalist
Speaker 1: thing rules and much more so there's a lot of
Speaker 1: hurdles that have been removed out of the way so
Speaker 1: firms can now launch these things. So this is big
Speaker 1: And one of the things I've been on record saying
Speaker 1: is that once staking is approven the Ethereum ETFs, you're
Speaker 1: gonna see tons of inflows so anticipate huge inflows as
Speaker 1: the big boys like Black Rocket, Fidelity and others launch
Speaker 1: staking in their ETF. But Grayscale is the first. This
Speaker 1: is the opening of the floodgates.
Speaker 2: You know.
Speaker 1: Wall Street is always on the hunt for yield, and
Speaker 1: etherorem and Solana they have naturally built in staking on
Speaker 1: their protocol so even in a bear market you can
Speaker 1: continue to earn here. So this is really great, guys.
Speaker 1: It's a landmark day and let me give it to details.
Speaker 1: So Grayscale said Monday, it's ether ETFs. The Grayscale Ethereum
Speaker 1: Mini Trust ETF and the Grayscale Etheroreum Trust ETF are
Speaker 1: now the first US listed spot crypto funds to offer staking,
Speaker 1: calling the development another first mover milestone. This is huge, folks,
Speaker 1: huge huge news here, and I anticipate the SEC after
Speaker 1: the government shut down. Now they are going to approve
Speaker 1: the XRP and Solana individual ETOs and I think others
Speaker 1: as well, because there's no need for US a futures
Speaker 1: market anymore. They've updated the listing standards and all of that.
Speaker 1: But we got to get past the government shutdown. Some
Speaker 1: of you may say, well, how did this get approved.
Speaker 1: This was approved probably weeks ago, like they approved the
Speaker 1: Grayscale Top five index ETF which included Cardono, Solana XRP,
Speaker 1: and bitcoinny e theorem of course, so I think gray
Speaker 1: Scale was timing the you know, the release of the news.
Speaker 1: So I don't think this happened during the government shutdown.
Speaker 1: I think they got the approval and they were just
Speaker 1: timing their launch. So this is very bullish, folks. This
Speaker 1: is going to usher in more capital into the market,
Speaker 1: and you know a lot of people are going to
Speaker 1: be able to access these products via their retirement acounts
Speaker 1: and much more. And speaking of retirement accounts, a great
Speaker 1: place that you can invest in crypto via an IRA,
Speaker 1: a self directed IRA is with I Trust Capital. This
Speaker 1: gives you huge tax benefits, right, so you can roll
Speaker 1: over your existing four oh one K and you're existing
Speaker 1: IRA two I Trust Capital and start investing in eighty
Speaker 1: plus crypto assets. You can trade twenty four to seven.
Speaker 1: There are no monthly fees and it's low costs and
Speaker 1: once get huge tax advantages. But also, guys, they offer
Speaker 1: a premium custody account. In my opinion, this is the
Speaker 1: second safest way to custody your assets. Self custody and
Speaker 1: a hardware wallet is the first. But I Trust Capitals
Speaker 1: premium custody accounts uses Coinbase, institutional custody, fireblocks, Fidelity digital assets,
Speaker 1: so you're getting institutional grade custody, so you don't have
Speaker 1: to worry. They are using the top tier of custodial
Speaker 1: services in the market, and they're diversified, right.
Speaker 2: So some of it is bank tiered.
Speaker 1: This is a great way to custody your assets and
Speaker 1: you don't have to worry. Once again, no monthly fee here.
Speaker 1: So you got the ability to invest in crypto assets
Speaker 1: and get the tax benefits and you have an amazing
Speaker 1: custodial solution that can safeguard your assets and you can
Speaker 1: sleep at night. You don't have to worry about your
Speaker 1: assets getting hacked or whatever it is, because again this
Speaker 1: is using institutional grade custody. So folks, if you sign
Speaker 1: up with my link, you can get one hundred dollars
Speaker 1: funding bonus. So check out I Trust Capital I have
Speaker 1: an account with them. The link will be in the description.
Speaker 1: All right, moving ahead, Plume Network gains SEC transfer Agent
Speaker 1: status to bring trade five on chain. So Plume Network
Speaker 1: a layer two blockchain designed to host Reil World Assets
Speaker 1: has registered as a transfer agent with the SEC, a
Speaker 1: move that bolsters its ability to bring traditional financial instruments
Speaker 1: on chain and streamline the issuance of token is securities.
Speaker 1: The company announced its registration on social media, saying the
Speaker 1: step supports its broader mission of migrating securities markets onto
Speaker 1: blockchain infrastructure. Transfer agents traditionally handle critical back office functions
Speaker 1: for securities issuers, including maintaining shareholder registries, recording ownership transfers,
Speaker 1: and managing corporate actions. So guys, they're putting all these
Speaker 1: tradi fi actions on chain.
Speaker 2: Again.
Speaker 1: The future of the market's economies and governments will all
Speaker 1: run on blockchain rails. So we're seeing this setting up
Speaker 1: of the infrastructure here. So Plume said its registration allows
Speaker 1: it to replicate and automate those roles on chain, linking
Speaker 1: cap tables and reporting directly to the SEC and DTCC systems,
Speaker 1: a reference to the Depository Trust and Clearing Corporation, which
Speaker 1: is responsible for settling securities transactions. Now, if you know
Speaker 1: your trad five folks, DTCC is no joke, right, So again,
Speaker 1: they're putting all of this stuff on chain. Now, I
Speaker 1: don't hold the token of this layer two blockchain Plume network.
Speaker 1: This is the first time I'm hearing about it. So
Speaker 1: you know, if you're looking to invest in different projects,
Speaker 1: these are things you want to look at. The adoption
Speaker 1: that's happening, what approvals they're getting, and much more. Okay,
Speaker 1: moving ahead, Solana Company bills five hundred and thirty million
Speaker 1: dollars Sole war chest, mid growing corporate adoption. So it's
Speaker 1: the battle of the digital acid treasury companies. You know,
Speaker 1: some are focused on ethereum, bitcoins, Solana and much more.
Speaker 1: So it's interesting to watch these companies, you know, ramp
Speaker 1: up and accumulate as much of the assets as possible.
Speaker 1: So Nasdaq listed Solana Company formally Helious Medical Technology, said
Speaker 1: Monday it has accumulated more than two point two million
Speaker 1: Soul tokens as part of its digital acid treasury strategy
Speaker 1: at the current prices of two hundred and thirty forty
Speaker 1: dollars per sol The firm Solana holdings and cash reserves
Speaker 1: now near five hundred and thirty million dollars, more than
Speaker 1: the total growth proceeds from its September private placement. So
Speaker 1: here's a quote following in the footsteps of Michael Saylor
Speaker 1: at MSTR and Tom Lee at BM and r HSDT.
Speaker 1: Solana Company is focused on maximizing shareholder value by efficiently
Speaker 1: accumulating Solana, says Cosmo Gang, general partner at Pantera Capital
Speaker 1: and board.
Speaker 2: Observer at HSDT.
Speaker 1: You guys may recall I had Cosmo on the podcast
Speaker 1: earlier this year. So Pantera is one of the largest
Speaker 1: head edge ones. So, guys, incredible the buying that's happening.
Speaker 1: And this is very good for all of us who
Speaker 1: are holding tokens because it creates the supplying demand economics
Speaker 1: and a supply shock from many of these.
Speaker 2: Tokens because they are buying a lot. Man.
Speaker 1: So I hold Solon in my portfolio, so I'm happy
Speaker 1: about this. Soon as I hold e theorem in my profile,
Speaker 1: I'm happy about the news of Tom Lee's company buying
Speaker 1: etherorem right, so so on and so forth. Now we
Speaker 1: got some Onto news. Onto completes acquisition of US regulated
Speaker 1: broker Oasis Pro. So big move by Onto here and
Speaker 1: I am at token holder so on. Dough Finance said
Speaker 1: Monday it has completed its acquisition of Oasis Pro as
Speaker 1: the firm aims to grow its tokenized securities business here's
Speaker 1: a quote. We now have the most comprehensive suite of
Speaker 1: licenses and infrastructure necessary to develop compliant and regulated tokenized
Speaker 1: securities markets in the US, the company's founder and CEO,
Speaker 1: Nathan Allman said in a statement. The company first announced
Speaker 1: the plans to acquire a licensed broker dealer, which is
Speaker 1: licensed by the US SEC, in July. Although many companies
Speaker 1: from both worlds of crypto and traditional finance have shown
Speaker 1: interest in offering token ised securities to the US investors,
Speaker 1: regulators have yet to determine exactly how trading equities online
Speaker 1: will function for Americans, So the SEC is working on
Speaker 1: the regulations. The Crypto Market Structure Bill, of course hasn't
Speaker 1: been passed yet, but these that's not stopping these companies. Again,
Speaker 1: the tokenization races on here. So you see all of
Speaker 1: these different blockchains and companies are looking to put as
Speaker 1: many assets on, starting with stocks, money market funds, and
Speaker 1: much more. That is the direction to Puck is heading in.
Speaker 1: All right, moving ahead, Mike novograts is Galaxy Digital jumps
Speaker 1: ten percent after launching retail trading app to compete against Robinhood.
Speaker 1: So this is a big on ramp, you know, Mike Novograts.
Speaker 1: You guys should know him by now. He's pretty well
Speaker 1: known in the crypto space. Obviously been at this for
Speaker 1: a long time, and before that he was a Wall
Speaker 1: Street legend, a billionaire, and he's done really well for himself.
Speaker 1: And Galaxy has service institutional clients for the most part,
Speaker 1: so it's very surprising they're launching a Robinhood like a
Speaker 1: trading platform called Galaxy one for retail. Now they have
Speaker 1: an uphill battle. They're going up against Robinhood, huge brand,
Speaker 1: tons of customers, same thing with Coinbase and somebody's of
Speaker 1: the firm. So let's see what their marketing strategy is
Speaker 1: because it's going to be hard for them to grab
Speaker 1: customers from Robinhood. They're going to have to offer some
Speaker 1: huge incentives, right, But let's see how creative they get
Speaker 1: and what they're able to come up with. Look at this,
Speaker 1: this is very bullish. Hong Kong listed China Financial Leasing
Speaker 1: to raise eleven million dollars for a crypto investment platform.
Speaker 1: You know, I've often been saying that Hong Kong is
Speaker 1: the testing ground for China. They've been doing a lot
Speaker 1: of things with crypto and Hong Kong and I believe
Speaker 1: eventually China is going to open up crypto via et
Speaker 1: apps to their citizens in the mainland stable coins as well,
Speaker 1: but it will be like the digital yu Want, stable coins,
Speaker 1: pseudo CBC and much more. But you know, everybody's adopting
Speaker 1: this technology. So very interesting to see this coming out
Speaker 1: from Hong Kong. So China Financial Leasing Group, a Hong
Speaker 1: Kong listed investment firm, has announced plans to raise eighty
Speaker 1: six point seven million Hong Kong dollars, which is approximately
Speaker 1: eleven point one million dollars to Interval capital as it
Speaker 1: intends to build a cryptocurrency and artificial intelligence investment platform.
Speaker 2: So, folks, we are.
Speaker 1: Seeing building, investing, expansion, acquisitions and mergers and much more
Speaker 1: across the globe. Right, It's not just the United States,
Speaker 1: and the United States is now just catching up because
Speaker 1: we have some clarity here in the US and a
Speaker 1: much more favorable environment. But across the globe, in the EU,
Speaker 1: the UK, Hong Kong, and the Dubai and even in
Speaker 1: Latin America, we are seeing incredible adoption.
Speaker 2: Now look at this news.
Speaker 1: Standard Charter says one trillion dollars may exit the emerging
Speaker 1: market banks to stable coins by twenty twenty eight. I
Speaker 1: think this is legit. Stable coins are going to offer
Speaker 1: much more benefits. You can do DeFi with them, and
Speaker 1: the yield is better on stable coins, So it's I
Speaker 1: think this is the writings on the wall. What's coming.
Speaker 1: So multinational bank Standard Charter predicted that more than one
Speaker 1: trillion dollars may exit emerging market banks and flow into
Speaker 1: stable coins by twenty twenty eight as demand for the
Speaker 1: US dollar PEG crypto assets accelerates. In a Monday report,
Speaker 1: Standard Charters Global Research department said it expects global stable
Speaker 1: cooin adoption to accel rate as payment networks and other
Speaker 1: core banking activities shift to the non bank sector. So
Speaker 1: I think they're spot on here the writings on the wall,
Speaker 1: what is coming?
Speaker 2: All right?
Speaker 1: Final news item, We got some updates here from v chain.
Speaker 1: They announced the partnership here with key Rock, So they
Speaker 1: said institutional adoption is already driving vets expansions of vet
Speaker 1: is the native token on the v chain blockchain. They
Speaker 1: said professional market maker, liquidity provider and treasury management firm
Speaker 1: Kei Rock has been managing v Chain's validators, helping sustain
Speaker 1: the beating heart of the blockchain here is a quote.
Speaker 1: It's great to see our collaboration tried and tested. Key
Speaker 1: Rock has now validated over two hundred thousand blocks on
Speaker 1: the v chain. Thor Mainenet said Marlin at Keyrock, we
Speaker 1: love supporting ecosystems like vchain, where strong fundamentals meet genuine adoption. So, guys,
Speaker 1: we continue to see huge adoption. I am a VET
Speaker 1: token holder in full disclosure on bullish on this project,
Speaker 1: so it's great to see this type of adoption and
Speaker 1: partnership happening. You know, tradfy and crypto building bridges working together.
Speaker 1: Now you're seeing this huge convergence, right, and it's it's
Speaker 1: just happening in many different ways. Tokenization, launch of crypto
Speaker 1: custody and trading, and the use of stable coins as well.
Speaker 1: And you have the digital asset treasury companies, right, companies
Speaker 1: that have nothing to do with crypto putting crypto in
Speaker 1: their balance sheet and it as much more as well.
Speaker 1: So it's exciting times, folks. We are in a bull
Speaker 1: market and we continue to see huge adoption. We got
Speaker 1: some huge milestones coming up with the all couinyts, the
Speaker 1: passing of the Clarity Act, and I think we're going
Speaker 1: to see an incredible Q four. As always, expect volatility,
Speaker 1: expect pullbacks and retests, and continue to look at the data.
Speaker 1: Don't be emotional, be educated, right folks, and if you
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Speaker 1: teaches you everything about crypto. You will hear from experts
Speaker 1: and such as founders, CEOs, institutional investors, and much more so.
Speaker 1: It's packed with tons of value, guys. Check it out
Speaker 1: to go to Mycrypto course dot com to learn more. Folks,
Speaker 1: thank you so much for watching listening. I appreciate you
Speaker 1: all and I'll talk to you all later