WEBVTT

1
00:00:05.400 --> 00:00:08.720
<v Speaker 1>Hey, folks, welcome into the Thinking Crypto podcast. I'm your host,

2
00:00:08.759 --> 00:00:09.359
<v Speaker 1>Tony Edward.

3
00:00:09.640 --> 00:00:10.320
<v Speaker 2>On your way in.

4
00:00:10.480 --> 00:00:12.839
<v Speaker 1>Please sit that subscribe button as well so it comes

5
00:00:12.880 --> 00:00:14.439
<v Speaker 1>up button and leave a comment below.

6
00:00:14.679 --> 00:00:16.280
<v Speaker 2>If you're listening on a podcast.

7
00:00:15.960 --> 00:00:18.719
<v Speaker 1>Platform such as Spotify or Apple, please leave a five

8
00:00:18.760 --> 00:00:19.800
<v Speaker 1>star rating and review.

9
00:00:20.120 --> 00:00:20.399
<v Speaker 2>Folks.

10
00:00:20.399 --> 00:00:22.920
<v Speaker 1>I'm still in Prague. Today was the Treasure event where

11
00:00:22.920 --> 00:00:24.839
<v Speaker 1>they announced a new device, and I'll tell you more

12
00:00:24.879 --> 00:00:27.879
<v Speaker 1>about that later, but I'm recording out of my hotel room,

13
00:00:27.920 --> 00:00:31.600
<v Speaker 1>so apologies about the video and the sound quality. When

14
00:00:31.640 --> 00:00:33.479
<v Speaker 1>I return back to the States, I will be in

15
00:00:33.520 --> 00:00:35.679
<v Speaker 1>my studio with a proper mic and so forth. But

16
00:00:36.039 --> 00:00:38.240
<v Speaker 1>you know, there's some big crypto news that you need

17
00:00:38.280 --> 00:00:40.399
<v Speaker 1>to know about, so make sure you watch and listen

18
00:00:40.439 --> 00:00:42.799
<v Speaker 1>to the end. Let's start with the price of bitcoin,

19
00:00:42.840 --> 00:00:45.439
<v Speaker 1>because we're seeing a lot of positive signs here. Yesterday

20
00:00:45.439 --> 00:00:48.679
<v Speaker 1>we highlighted that bitcoin was starting to move up and

21
00:00:48.719 --> 00:00:51.759
<v Speaker 1>that the price crossed over the two hundred day moving average,

22
00:00:51.920 --> 00:00:52.880
<v Speaker 1>which is very good.

23
00:00:53.159 --> 00:00:55.079
<v Speaker 2>The rssign the chart is.

24
00:00:55.039 --> 00:00:58.439
<v Speaker 1>Moving away from the over soul zone and the mac

25
00:00:58.479 --> 00:01:02.240
<v Speaker 1>D showing the bears are losing momentum. Bigcoin today touched

26
00:01:02.280 --> 00:01:05.599
<v Speaker 1>one hundred and fourteen thousand. Now, as I said yesterday,

27
00:01:05.640 --> 00:01:07.519
<v Speaker 1>we are not out of the woods yet, so I

28
00:01:07.519 --> 00:01:10.599
<v Speaker 1>want to make sure you are prepared for downside volatility

29
00:01:10.760 --> 00:01:13.159
<v Speaker 1>because we know the market can fake us out. But

30
00:01:13.640 --> 00:01:16.079
<v Speaker 1>as I've been saying, the macro thesis is that we

31
00:01:16.120 --> 00:01:20.200
<v Speaker 1>are still an ebuligate and despite these short term volatility

32
00:01:20.319 --> 00:01:24.120
<v Speaker 1>and downsides and people getting emotional and fearful and much more,

33
00:01:24.719 --> 00:01:28.519
<v Speaker 1>the macro thesis has not been invalidated. So very good

34
00:01:28.560 --> 00:01:31.959
<v Speaker 1>sign here. Another major positive sign is that gold is

35
00:01:32.000 --> 00:01:34.560
<v Speaker 1>starting to correct, folks, So it's pulling back. You know,

36
00:01:34.640 --> 00:01:37.599
<v Speaker 1>just last week I was talking about gold being overbought,

37
00:01:37.760 --> 00:01:42.280
<v Speaker 1>super overheated. It's RSI extended for a very long time,

38
00:01:42.439 --> 00:01:46.159
<v Speaker 1>unlike anything we've seen in the past. And you know,

39
00:01:46.239 --> 00:01:49.079
<v Speaker 1>I said gold was possibly in a blow off top.

40
00:01:49.480 --> 00:01:51.719
<v Speaker 1>So here's your correction. Now, this could be a local

41
00:01:51.760 --> 00:01:53.719
<v Speaker 1>top and or it could be a blow off top.

42
00:01:53.719 --> 00:01:54.920
<v Speaker 1>We'll just have to wait and see.

43
00:01:55.120 --> 00:01:55.319
<v Speaker 2>You know.

44
00:01:55.359 --> 00:01:57.439
<v Speaker 1>Some of the other factors I was highlighting is that

45
00:01:57.439 --> 00:01:59.519
<v Speaker 1>people were lining up around the globe.

46
00:01:59.159 --> 00:02:00.680
<v Speaker 2>To sell gold much more.

47
00:02:00.879 --> 00:02:03.000
<v Speaker 1>And when you see things like that, it's a sign

48
00:02:03.200 --> 00:02:07.239
<v Speaker 1>of retail euphoria, which we usually see online or in

49
00:02:07.280 --> 00:02:11.039
<v Speaker 1>the media and Google trend searches for bitcoin, crypto, and

50
00:02:11.039 --> 00:02:14.800
<v Speaker 1>the stock market as well. Sold the mac D on

51
00:02:14.879 --> 00:02:17.360
<v Speaker 1>the daily chart shows bulls are losing momentum and as

52
00:02:17.360 --> 00:02:19.919
<v Speaker 1>I mentioned, the RSI moving away from the overbot zone

53
00:02:20.000 --> 00:02:21.599
<v Speaker 1>once again. This could be a local top or a

54
00:02:21.639 --> 00:02:25.039
<v Speaker 1>blow off top. Regardless, we could see rotation back into

55
00:02:25.199 --> 00:02:28.199
<v Speaker 1>crypto and stocks. So in my recent newsletter, if you

56
00:02:28.240 --> 00:02:29.759
<v Speaker 1>haven't signed up, make sure you're signed up.

57
00:02:29.800 --> 00:02:30.719
<v Speaker 2>It's free, I.

58
00:02:30.719 --> 00:02:33.599
<v Speaker 1>Shared a chart showing the correlation between the gold and

59
00:02:33.639 --> 00:02:37.319
<v Speaker 1>bitcoin price and when bitcoin's pumping, gold is flat. When

60
00:02:37.360 --> 00:02:41.400
<v Speaker 1>gold is pumping, bitcoin is in a corrective phase. Same

61
00:02:41.439 --> 00:02:45.599
<v Speaker 1>thing we're seeing right now. So the correlation continue here

62
00:02:45.840 --> 00:02:48.159
<v Speaker 1>is not guaranteed, right. I always want to make sure

63
00:02:48.199 --> 00:02:50.919
<v Speaker 1>that I'm fair and I'm not delusional.

64
00:02:51.159 --> 00:02:52.560
<v Speaker 2>So this is a positive sign.

65
00:02:52.639 --> 00:02:55.120
<v Speaker 1>Let's see how it plays out, right, I do believe

66
00:02:55.159 --> 00:02:57.680
<v Speaker 1>it has a high probability of playing out versus not.

67
00:02:58.680 --> 00:03:02.520
<v Speaker 1>So you're seeing about in bitcoin and gold pulling back.

68
00:03:03.240 --> 00:03:05.039
<v Speaker 1>Very interesting, right, So these are the things I've been

69
00:03:05.080 --> 00:03:07.199
<v Speaker 1>sharing with you guys. Again, if you just look at

70
00:03:07.199 --> 00:03:09.560
<v Speaker 1>the data and you don't get emotional about it, you're

71
00:03:09.599 --> 00:03:11.919
<v Speaker 1>not caught up in the feelings of this person, said

72
00:03:11.919 --> 00:03:13.879
<v Speaker 1>this and that just showed me the data and what

73
00:03:14.000 --> 00:03:14.599
<v Speaker 1>is it telling me?

74
00:03:14.639 --> 00:03:15.680
<v Speaker 2>What stories it telling me?

75
00:03:15.759 --> 00:03:18.199
<v Speaker 1>Right? And I've been saying, guys, we are in a

76
00:03:18.280 --> 00:03:20.960
<v Speaker 1>macro bull market for all assets. I've been saying that

77
00:03:21.000 --> 00:03:24.879
<v Speaker 1>beating that drum where all of this is following global liquidity,

78
00:03:24.879 --> 00:03:26.360
<v Speaker 1>and global liquidity.

79
00:03:25.919 --> 00:03:28.000
<v Speaker 2>Itself shows us we have more room to run.

80
00:03:28.360 --> 00:03:32.479
<v Speaker 1>So real estate, precious metals, crypto stocks all hitting new highs.

81
00:03:32.560 --> 00:03:35.240
<v Speaker 2>Why is that? It's all following liquidity?

82
00:03:35.280 --> 00:03:38.439
<v Speaker 1>And you know, a great example in regards to real estate,

83
00:03:38.840 --> 00:03:41.479
<v Speaker 1>we know the market is almost dead, right, There's not

84
00:03:41.520 --> 00:03:44.599
<v Speaker 1>a lot of people buying and selling because rates are

85
00:03:44.680 --> 00:03:47.120
<v Speaker 1>high and a lot of people have been sitting on

86
00:03:47.199 --> 00:03:50.039
<v Speaker 1>low rates since twenty twenty when the FED cut rates

87
00:03:50.080 --> 00:03:55.280
<v Speaker 1>down to zero essentially, right, So why the hell what

88
00:03:55.400 --> 00:03:56.280
<v Speaker 1>people want to sell?

89
00:03:56.360 --> 00:03:59.879
<v Speaker 2>But yet the prices keep going up. So this is

90
00:04:00.159 --> 00:04:02.199
<v Speaker 2>a supply and demand thing here.

91
00:04:02.599 --> 00:04:06.560
<v Speaker 1>This is liquidity rising because of the basement of currency

92
00:04:06.599 --> 00:04:09.919
<v Speaker 1>and inflation of course, and asset prices are going up.

93
00:04:10.280 --> 00:04:12.599
<v Speaker 1>This is why you got to allocate to assets. And

94
00:04:12.879 --> 00:04:15.919
<v Speaker 1>as Paul Tudor Jones said, bitcoin and crypto are the

95
00:04:16.040 --> 00:04:20.199
<v Speaker 1>fastest horses and the asset race. Now some very bullish

96
00:04:20.240 --> 00:04:23.920
<v Speaker 1>news coming out of the Federal Reserve Payments Innovation Conference today.

97
00:04:24.079 --> 00:04:26.240
<v Speaker 1>If you guys recalled, I reported on this and I

98
00:04:26.319 --> 00:04:29.319
<v Speaker 1>mentioned a lot of crypto companies were going to be attending.

99
00:04:29.639 --> 00:04:33.160
<v Speaker 1>So Ellen was on site and she gave the following updates.

100
00:04:33.480 --> 00:04:37.680
<v Speaker 1>Governor Chris Waller announced the Central Bank is proposing a

101
00:04:37.839 --> 00:04:41.319
<v Speaker 1>new type of limited access Master account, or what he

102
00:04:41.439 --> 00:04:47.079
<v Speaker 1>calls a skinny Master account, for all illegally eligible institutions

103
00:04:47.079 --> 00:04:51.160
<v Speaker 1>to receive direct access to defense payments rails so they

104
00:04:51.199 --> 00:04:54.879
<v Speaker 1>don't have to rely on partner banks. With this setup,

105
00:04:54.959 --> 00:04:58.439
<v Speaker 1>they wouldn't access all the services of a full account,

106
00:04:58.800 --> 00:05:02.279
<v Speaker 1>like the ability to borrow from the FED. Importantly, every

107
00:05:02.399 --> 00:05:06.399
<v Speaker 1>legally eligible entity could get one, and the legal rules

108
00:05:06.439 --> 00:05:10.839
<v Speaker 1>where eligibility wouldn't change. Essentially, this new master account light

109
00:05:11.199 --> 00:05:15.560
<v Speaker 1>would allow the FED to green light innovative banks, including FinTechs,

110
00:05:15.600 --> 00:05:19.040
<v Speaker 1>stable coin issuers, and other payment companies. This is a

111
00:05:19.079 --> 00:05:22.040
<v Speaker 1>big deal for companies like Custodia Bank, that's Caitlin Long

112
00:05:22.079 --> 00:05:25.120
<v Speaker 1>and crack In Exchange, which I've spent years trying to

113
00:05:25.120 --> 00:05:28.040
<v Speaker 1>get a FED Master account with Custodia, even taking the

114
00:05:28.079 --> 00:05:28.959
<v Speaker 1>FED to the court.

115
00:05:29.560 --> 00:05:31.040
<v Speaker 2>It could also speed up.

116
00:05:31.000 --> 00:05:36.399
<v Speaker 1>Access for companies like Ripple and Anchorage, which applied this year. Folks,

117
00:05:36.759 --> 00:05:39.920
<v Speaker 1>step back and think about this. The FED is on

118
00:05:40.000 --> 00:05:43.639
<v Speaker 1>board and the banks are on board, and you know

119
00:05:43.800 --> 00:05:46.399
<v Speaker 1>we're going to see crypto companies become banks. There are

120
00:05:46.399 --> 00:05:49.560
<v Speaker 1>these neo banks, right, and we know folks like coinbased,

121
00:05:49.600 --> 00:05:53.000
<v Speaker 1>Ripple and others have been talking about plans to do this.

122
00:05:53.160 --> 00:05:55.120
<v Speaker 1>So I hope you see the direction the puckets heading

123
00:05:55.160 --> 00:05:58.279
<v Speaker 1>in and that central banks are on board. Just last week,

124
00:05:58.439 --> 00:06:02.399
<v Speaker 1>what did I share with you, The IMF director said, Right,

125
00:06:02.480 --> 00:06:05.639
<v Speaker 1>that's a huge capitulation moment. So you get these central

126
00:06:05.680 --> 00:06:09.639
<v Speaker 1>bankers and all these folks on board, and they are

127
00:06:09.720 --> 00:06:13.720
<v Speaker 1>now opening up the doors and allowing these crypto companies

128
00:06:13.759 --> 00:06:14.480
<v Speaker 1>to participate.

129
00:06:14.600 --> 00:06:16.240
<v Speaker 2>All of this will lead to.

130
00:06:16.199 --> 00:06:19.240
<v Speaker 1>The growth and maturation of the acid class. More liquidity,

131
00:06:19.360 --> 00:06:23.360
<v Speaker 1>more building, more infrastructure, more users. So very bullish news

132
00:06:23.399 --> 00:06:27.040
<v Speaker 1>here and one statement Governor the FED. Governor Waller said

133
00:06:27.360 --> 00:06:31.319
<v Speaker 1>in his opening remarks at the fed's Payment Innovation Conference.

134
00:06:31.360 --> 00:06:35.600
<v Speaker 1>He says, this is an acknowledgment that DLT, talking about

135
00:06:35.639 --> 00:06:39.800
<v Speaker 1>distributed ledger technology and crypto assets are no longer on

136
00:06:39.879 --> 00:06:44.199
<v Speaker 1>the fringes, but are increasingly woven into the fabric of

137
00:06:44.279 --> 00:06:46.199
<v Speaker 1>the payment and financial system.

138
00:06:46.480 --> 00:06:46.879
<v Speaker 2>Folks.

139
00:06:48.199 --> 00:06:52.040
<v Speaker 1>This is incredible. These are not statements to be taken lightly.

140
00:06:52.160 --> 00:06:55.040
<v Speaker 1>They are coming from the Federal Reserve, the Central Banks

141
00:06:55.040 --> 00:06:57.920
<v Speaker 1>of the United States, and other central bankers around the

142
00:06:57.959 --> 00:07:01.560
<v Speaker 1>world doing the same and earning bullish. So we are

143
00:07:01.600 --> 00:07:06.360
<v Speaker 1>seeing capitulation across the board. This is just incredible, and

144
00:07:06.759 --> 00:07:09.160
<v Speaker 1>this is why I'm not only bullish on this cycle,

145
00:07:09.199 --> 00:07:12.079
<v Speaker 1>but future bull markets as well. We're still in the

146
00:07:12.120 --> 00:07:15.600
<v Speaker 1>early innings, you know, compared to other asset classes like

147
00:07:15.680 --> 00:07:17.680
<v Speaker 1>precious metals, like stocks and much more.

148
00:07:18.079 --> 00:07:18.959
<v Speaker 2>This is amazing.

149
00:07:19.399 --> 00:07:21.959
<v Speaker 1>And we also got another report here from Eleanor Terrott

150
00:07:21.959 --> 00:07:25.240
<v Speaker 1>that crypto and AiZ are David Sachs is scheduled to

151
00:07:25.279 --> 00:07:29.600
<v Speaker 1>meet tomorrow with Republican members of the Senate Banking Committee

152
00:07:29.600 --> 00:07:32.959
<v Speaker 1>to stress the importance of advancing the market structure out

153
00:07:33.000 --> 00:07:36.680
<v Speaker 1>of the committee this year and address concerns from like

154
00:07:36.800 --> 00:07:41.240
<v Speaker 1>Senator John Kelly, who have publicly expressed reservations about the process.

155
00:07:41.639 --> 00:07:45.000
<v Speaker 1>The meeting comes amid a flurry of crypto activity on

156
00:07:45.040 --> 00:07:49.120
<v Speaker 1>the Hill tomorrow, including two industry roundtables, one hosted by

157
00:07:49.160 --> 00:07:52.920
<v Speaker 1>Senator Kirsten Gillibrand and the other by Senator Tim Scott.

158
00:07:53.199 --> 00:07:56.319
<v Speaker 1>Both Republican and Democrats. Sources I spoke with see the

159
00:07:56.439 --> 00:08:01.040
<v Speaker 1>gatherings as positive momentum to our restarting bipartner negotiations that

160
00:08:01.120 --> 00:08:02.040
<v Speaker 1>have stalled.

161
00:08:01.720 --> 00:08:02.560
<v Speaker 2>In recent days.

162
00:08:02.879 --> 00:08:06.120
<v Speaker 1>Folks, remember just yesterday I told you about the Democrats,

163
00:08:06.600 --> 00:08:10.680
<v Speaker 1>the Senate Democrats meeting with Crypto see executives, Sea level executives.

164
00:08:10.920 --> 00:08:14.720
<v Speaker 1>So things are progressing, guys. I'm still optimistic that this

165
00:08:15.360 --> 00:08:19.399
<v Speaker 1>market structure build the Clariac will get passed by December.

166
00:08:19.680 --> 00:08:22.480
<v Speaker 1>If you recall, I interviewed Congressman Tom Emer about a

167
00:08:22.519 --> 00:08:24.600
<v Speaker 1>month and a half ago. That was his timeline, So

168
00:08:25.079 --> 00:08:27.720
<v Speaker 1>I think that's more realistic. You know, government moves slow,

169
00:08:27.759 --> 00:08:30.839
<v Speaker 1>you get the government shut down and all the political nonsense,

170
00:08:30.879 --> 00:08:34.080
<v Speaker 1>but it is what it is. But guys, we're seeing

171
00:08:34.120 --> 00:08:37.000
<v Speaker 1>some good signs here. This is very very positive. Now,

172
00:08:37.279 --> 00:08:40.320
<v Speaker 1>going back to the bullmarket thesis, right that the bullmarket's

173
00:08:40.360 --> 00:08:43.519
<v Speaker 1>not over. This is one of the items as to

174
00:08:43.600 --> 00:08:45.840
<v Speaker 1>why I believe the bullmarket's not over. In addition, you

175
00:08:45.879 --> 00:08:50.440
<v Speaker 1>have these huge narratives and milestone moments that why the hell.

176
00:08:50.279 --> 00:08:51.840
<v Speaker 2>Would you do that in a bear market.

177
00:08:51.879 --> 00:08:53.480
<v Speaker 1>You're going to do it now in the bull market

178
00:08:53.720 --> 00:08:56.440
<v Speaker 1>and catch the momentum and much more. Right, if we

179
00:08:56.559 --> 00:09:00.200
<v Speaker 1>know how Wall Street and and the government's tied together. Here,

180
00:09:00.360 --> 00:09:03.799
<v Speaker 1>you think Larry Fink is wanting to do this in

181
00:09:03.840 --> 00:09:06.080
<v Speaker 1>a bear market. No, he's looking to make as much

182
00:09:06.120 --> 00:09:09.600
<v Speaker 1>returns on his investments. He's ETFs and much more so.

183
00:09:10.080 --> 00:09:13.159
<v Speaker 1>Put it all together. See the puzzle pieces, right, Just

184
00:09:13.200 --> 00:09:16.360
<v Speaker 1>step back, don't be emotional. Just look at what's happening.

185
00:09:16.799 --> 00:09:19.600
<v Speaker 1>And it's pretty clear where things are headed. And this

186
00:09:19.679 --> 00:09:21.759
<v Speaker 1>thing is not over now. There will be a point

187
00:09:21.799 --> 00:09:24.120
<v Speaker 1>where we will have that blow off top and I

188
00:09:24.159 --> 00:09:26.519
<v Speaker 1>will turn bearersh and I'll say I'll be on here, guys,

189
00:09:26.600 --> 00:09:27.240
<v Speaker 1>it's done.

190
00:09:27.360 --> 00:09:29.320
<v Speaker 2>It's done, right, that's it.

191
00:09:29.600 --> 00:09:33.480
<v Speaker 1>Let's wait for the market to start correcting deeply so

192
00:09:33.519 --> 00:09:35.639
<v Speaker 1>that we can back up the truck and buy the

193
00:09:35.679 --> 00:09:39.759
<v Speaker 1>dips and get ready next bull market. So this is

194
00:09:40.120 --> 00:09:43.240
<v Speaker 1>very good and I think once get a huge catalyst now, folks.

195
00:09:43.320 --> 00:09:45.559
<v Speaker 1>This episode is brought to you by Treasure. I mentioned

196
00:09:45.559 --> 00:09:48.600
<v Speaker 1>earlier I am in Prague for the Treasure event and

197
00:09:48.639 --> 00:09:52.240
<v Speaker 1>today was amazing. They released the new hardware wallet called

198
00:09:52.240 --> 00:09:55.240
<v Speaker 1>the Treasure Safe seven. It's amazing. I got to play

199
00:09:55.240 --> 00:09:57.840
<v Speaker 1>around with it. It's a beautiful device and it is

200
00:09:58.000 --> 00:10:01.279
<v Speaker 1>quantum resistant, it is a wireless you know, as far

201
00:10:01.360 --> 00:10:04.600
<v Speaker 1>as connectivity, it's water resistant, it has a brand new

202
00:10:04.679 --> 00:10:06.720
<v Speaker 1>chip that improves security.

203
00:10:07.000 --> 00:10:08.240
<v Speaker 2>It's a beautiful.

204
00:10:07.759 --> 00:10:11.600
<v Speaker 1>Device, so easy to use, and I think some of

205
00:10:11.600 --> 00:10:13.919
<v Speaker 1>you may have seen the images and the videos I posted.

206
00:10:14.320 --> 00:10:15.080
<v Speaker 2>Is just amazing.

207
00:10:15.120 --> 00:10:18.120
<v Speaker 1>And they even updated the Treasure Sweet software, so it

208
00:10:18.200 --> 00:10:21.000
<v Speaker 1>used to be Treasure Sweet Light. Now it's fully Treasure Sweet.

209
00:10:21.000 --> 00:10:23.399
<v Speaker 1>And this allows you to easily manage your crypto and

210
00:10:23.480 --> 00:10:27.519
<v Speaker 1>of course Treasure they support all the top tokens guys, Bitcoin,

211
00:10:27.639 --> 00:10:31.840
<v Speaker 1>etherorem ICs are Piece Alana, new tokens such as black Rocks, Biddle.

212
00:10:32.000 --> 00:10:35.519
<v Speaker 1>So I believe Treasure really raised the bar here setting

213
00:10:35.519 --> 00:10:38.240
<v Speaker 1>a new standard for hardware wallets and many of you know,

214
00:10:38.320 --> 00:10:40.720
<v Speaker 1>I believe in self custody and you know, one of

215
00:10:40.720 --> 00:10:44.799
<v Speaker 1>the cool things about Treasures devices since day one, they

216
00:10:44.919 --> 00:10:47.559
<v Speaker 1>pioneered this. By the way, they started this in twenty thirteen,

217
00:10:47.960 --> 00:10:50.600
<v Speaker 1>the hardware walls are open, so anyone can view the

218
00:10:50.639 --> 00:10:54.519
<v Speaker 1>code out there. And that's how confident they are in

219
00:10:54.559 --> 00:10:57.720
<v Speaker 1>their setup and security that you can go look at

220
00:10:57.720 --> 00:10:59.759
<v Speaker 1>the code and see if you find any flaws or

221
00:11:00.120 --> 00:11:03.279
<v Speaker 1>anything's wrong, right, So that's a really great feature. It's

222
00:11:03.320 --> 00:11:05.679
<v Speaker 1>not a closed off environment where you don't know what's happening.

223
00:11:05.759 --> 00:11:10.080
<v Speaker 1>So this again just amazing what Treasure is built here

224
00:11:10.159 --> 00:11:12.840
<v Speaker 1>and this device, like I said, just blows it out

225
00:11:12.879 --> 00:11:16.000
<v Speaker 1>the water. So guys, if you'd like to check out

226
00:11:16.039 --> 00:11:19.159
<v Speaker 1>the Treasures Safe seven, you can pre order one on

227
00:11:19.519 --> 00:11:22.519
<v Speaker 1>Treasure's website link will being a description, and of course

228
00:11:22.559 --> 00:11:25.240
<v Speaker 1>you can always use my code thinking Crypto all one

229
00:11:25.279 --> 00:11:27.399
<v Speaker 1>where thinking Crypto to get five percent off.

230
00:11:27.759 --> 00:11:30.960
<v Speaker 2>So folks, check it out. Brand new hardware, wallets.

231
00:11:30.879 --> 00:11:35.039
<v Speaker 1>Topper line, quantum resistant and much more beautiful device. Check

232
00:11:35.039 --> 00:11:38.519
<v Speaker 1>out the link in the description, folks. Coinbase continues to

233
00:11:38.799 --> 00:11:42.000
<v Speaker 1>hire companies. They are on a mission man to build

234
00:11:42.360 --> 00:11:45.320
<v Speaker 1>an incredible business and company here and you know their

235
00:11:45.799 --> 00:11:47.679
<v Speaker 1>goal is to build like a super app and do

236
00:11:47.759 --> 00:11:50.960
<v Speaker 1>some amazing things. And here they've acquired Echo, which is

237
00:11:51.039 --> 00:11:55.120
<v Speaker 1>the leading on chain capital raising platform, and they acquire

238
00:11:55.200 --> 00:11:58.559
<v Speaker 1>this company for three hundred and seventy five million dollars.

239
00:11:58.600 --> 00:12:02.399
<v Speaker 1>So Echo's platform makes raising and investing more accessible to

240
00:12:02.440 --> 00:12:06.360
<v Speaker 1>community members, either through a private Echo sale or a

241
00:12:06.399 --> 00:12:10.080
<v Speaker 1>public sale that uses sonar. By joining forces, we're making

242
00:12:10.080 --> 00:12:13.200
<v Speaker 1>it easier for companies to raise funds and grow and

243
00:12:13.240 --> 00:12:17.639
<v Speaker 1>giving the community, early access to unique investment opportunities. Man,

244
00:12:18.279 --> 00:12:21.320
<v Speaker 1>Coinbase just continues to blow it out the water here

245
00:12:21.360 --> 00:12:25.320
<v Speaker 1>with these amazing acquisitions. They're doing a lot. Most recently,

246
00:12:25.639 --> 00:12:28.559
<v Speaker 1>of course, they partner with Samsung. They now have like

247
00:12:28.960 --> 00:12:32.519
<v Speaker 1>bitcoin loans. I recently interviewed someone from coinbase and that

248
00:12:32.559 --> 00:12:35.279
<v Speaker 1>interview is going to be published soon where we went

249
00:12:35.320 --> 00:12:36.399
<v Speaker 1>through a lot of these things.

250
00:12:36.440 --> 00:12:38.080
<v Speaker 2>So huge news.

251
00:12:37.840 --> 00:12:41.799
<v Speaker 1>Here, all right, moving ahead, Brail has integrated the XRP

252
00:12:41.960 --> 00:12:46.559
<v Speaker 1>Ledger to solve the biggest payment pain point, moving regulated

253
00:12:46.720 --> 00:12:51.000
<v Speaker 1>value easily. So Brail says here on their profile, create

254
00:12:51.080 --> 00:12:54.200
<v Speaker 1>your own stable coin, So Ripple said here in a tweet.

255
00:12:54.480 --> 00:12:58.559
<v Speaker 1>Now businesses can issue USD back stable coin settler LUSD

256
00:12:58.679 --> 00:13:02.200
<v Speaker 1>and use the XRPL built in authorized trust lines and

257
00:13:02.240 --> 00:13:06.559
<v Speaker 1>compliance features all through the API. So really really great

258
00:13:06.639 --> 00:13:09.679
<v Speaker 1>here the folks that Braille said, we're thrilled to share

259
00:13:09.720 --> 00:13:11.240
<v Speaker 1>that regulated stable coins are.

260
00:13:11.159 --> 00:13:14.159
<v Speaker 2>Now live on the XRP Ledger. So to all the

261
00:13:14.200 --> 00:13:16.840
<v Speaker 2>haters who said no one's going to use the XRP leger,

262
00:13:17.000 --> 00:13:19.840
<v Speaker 2>made you know all that right, look at the adoption

263
00:13:19.919 --> 00:13:20.480
<v Speaker 2>that's happening.

264
00:13:20.519 --> 00:13:22.600
<v Speaker 1>And I often tell you guys, go to r WA

265
00:13:22.720 --> 00:13:24.919
<v Speaker 1>dot xyz and look at what is happening on the

266
00:13:25.000 --> 00:13:28.039
<v Speaker 1>XRP ledger in addition to other blockchains. Right, but the

267
00:13:28.200 --> 00:13:31.279
<v Speaker 1>XRP ledger was pretty much had its hand tied behind

268
00:13:31.279 --> 00:13:33.840
<v Speaker 1>its back because of the ripple loss. Now that's done,

269
00:13:34.360 --> 00:13:36.039
<v Speaker 1>you're seeing a lot of building and expansion.

270
00:13:36.120 --> 00:13:37.919
<v Speaker 2>So this is very bullish. If you hold.

271
00:13:37.879 --> 00:13:43.759
<v Speaker 1>XRP, you're seeing building activity, volume, and much more. Final

272
00:13:43.840 --> 00:13:47.320
<v Speaker 1>lose item here and this is around bitcoin mining company Hive.

273
00:13:48.120 --> 00:13:50.840
<v Speaker 1>Many may recall I was with Hive at an event

274
00:13:50.919 --> 00:13:53.639
<v Speaker 1>where they closed the market at the nattack.

275
00:13:54.000 --> 00:13:55.039
<v Speaker 2>This was earlier in the year.

276
00:13:55.240 --> 00:13:59.399
<v Speaker 1>So Hive to expand bitcoin mining capacity in Paraguay as

277
00:13:59.480 --> 00:14:02.159
<v Speaker 1>one of the few bitcoin miners still growing hash rate.

278
00:14:02.600 --> 00:14:04.960
<v Speaker 1>So I think a lot of miners are preparing for

279
00:14:05.480 --> 00:14:09.639
<v Speaker 1>more demand for bitcoin, you know, with ETFs countries to

280
00:14:09.759 --> 00:14:13.200
<v Speaker 1>establish strategic reserves and much more. And Hive is doing

281
00:14:13.240 --> 00:14:16.279
<v Speaker 1>a great job via one of the leading bigpoint miners

282
00:14:16.360 --> 00:14:18.679
<v Speaker 1>using renewable energy. So let me give some of the

283
00:14:18.720 --> 00:14:23.960
<v Speaker 1>details here. So they're expanding their hydro electric power data

284
00:14:24.000 --> 00:14:27.000
<v Speaker 1>center campus in Paraguay. The move is part of hives

285
00:14:27.240 --> 00:14:31.080
<v Speaker 1>Phase three expansion of its renewable capacity in the country,

286
00:14:31.120 --> 00:14:34.639
<v Speaker 1>expanding its output to one hundred megawatts. The buildout is

287
00:14:34.720 --> 00:14:37.679
<v Speaker 1>expected to begin in early twenty twenty six and could

288
00:14:37.720 --> 00:14:39.399
<v Speaker 1>be completed by the third quarter.

289
00:14:39.840 --> 00:14:40.600
<v Speaker 2>Here's a quote.

290
00:14:40.639 --> 00:14:45.720
<v Speaker 1>Management expects this edition also powered by renewable hydro electric

291
00:14:45.840 --> 00:14:51.000
<v Speaker 1>energy from the e TOPPU dom I butchered that, but

292
00:14:51.159 --> 00:14:54.840
<v Speaker 1>it's a dam to be the largest facility of its

293
00:14:54.919 --> 00:14:58.840
<v Speaker 1>kind in Paraguay and to increase Hive's global point target

294
00:14:58.960 --> 00:15:01.879
<v Speaker 1>to thirty five x the hash per second. In twenty

295
00:15:01.919 --> 00:15:05.240
<v Speaker 1>twenty six, the company wrote huge news, huge news here.

296
00:15:05.679 --> 00:15:08.200
<v Speaker 1>I don't hold the Hive stock. It's not possible to

297
00:15:08.240 --> 00:15:10.039
<v Speaker 1>invest in anything. But you know, if I had the

298
00:15:10.080 --> 00:15:12.240
<v Speaker 1>capital I wanted to allocate, this would be one of

299
00:15:12.279 --> 00:15:15.840
<v Speaker 1>the companies I would certainly invest in. Not financial advice,

300
00:15:15.840 --> 00:15:18.159
<v Speaker 1>you know, do your own research. But they're doing some

301
00:15:18.200 --> 00:15:21.120
<v Speaker 1>big things, guys. And bitcoin miners are ramping up and

302
00:15:21.159 --> 00:15:24.759
<v Speaker 1>they're going to places where there's low cost energy and

303
00:15:24.840 --> 00:15:28.240
<v Speaker 1>using renewable energy as the demand for bitcoin continues to grow.

304
00:15:28.559 --> 00:15:30.480
<v Speaker 2>Folks, that's the news. Let me know what you think.

305
00:15:30.600 --> 00:15:33.200
<v Speaker 1>Leave your thoughts and comments below hit the thumbs up button.

306
00:15:33.480 --> 00:15:36.639
<v Speaker 1>If you appreciate this content, please subscribe to my free

307
00:15:36.720 --> 00:15:40.240
<v Speaker 1>email newsletter on Substack. It's one hundred percent free. Check

308
00:15:40.240 --> 00:15:44.200
<v Speaker 1>out my book on Amazon, it's available in paperback and digital,

309
00:15:44.600 --> 00:15:47.559
<v Speaker 1>and my course at mycrypto course dot com. This is

310
00:15:47.600 --> 00:15:50.279
<v Speaker 1>a comprehensive course that teaches you everything you need to

311
00:15:50.320 --> 00:15:51.919
<v Speaker 1>know about crypto folks.

312
00:15:51.919 --> 00:15:52.960
<v Speaker 2>Thank you for tuning in.

313
00:15:53.080 --> 00:15:56.320
<v Speaker 1>I appreciate all, and I'll talk to you all later