Speaker 1: Hey, folks, welcome into the Thinking Crypto Podcasts. You're home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward
Speaker 1: on your weight In. Please sit that subscribe button as
Speaker 1: well as a thumbsup button and leave a comment below.
Speaker 1: If you're listening on a podcast platform such as Spotify
Speaker 1: or Apple, be sure to follow and leave a five
Speaker 1: star rating. Folks, I hope all of you are doing well,
Speaker 1: especially those of you caught in the massive snowstorm here
Speaker 1: in the United States today. It felt like I was
Speaker 1: shoveling all day, definitely over three hours of shoveling and plowing.
Speaker 1: We had over a foot of snow, so non stop snow.
Speaker 1: But hopefully it ends and wraps up tonight and less
Speaker 1: plowing and snowing for me. But I hope everybody's doing well.
Speaker 1: All right, let's kick it off a bitcoin. Bitcoin currently
Speaker 1: trading at eighty seven thousand dollars, so it continues to
Speaker 1: move lower, however, still holding the higher highs and higher lows.
Speaker 1: But you know, we've been following the bitcoin whyke off
Speaker 1: accumulation model highlighted by Mark Party on x which I've
Speaker 1: been sharing over the past three weeks, so it looks
Speaker 1: it's like it's playing out there and it looks like
Speaker 1: it's a double bottom forming where it's retesting maybe that
Speaker 1: seventy eight thousand dollars support level. Obviously not guaranteed. It
Speaker 1: just looks like it's playing out that way. But again
Speaker 1: when you look at the chart, still higher highs and
Speaker 1: higher lows. But we're going to have to be patient
Speaker 1: and let the market show is what it wants to
Speaker 1: do here, because it could break through certain support levels
Speaker 1: and invalidate this thesis. Now, one good sign is that
Speaker 1: as bigcoin is moving lower here, it is certainly approaching
Speaker 1: the oversoul zone the R side on a daily chart,
Speaker 1: approaching about thirty here, So we could maybe go a
Speaker 1: bit lower like I said to about seventy ak, then
Speaker 1: bounce and continue. The big question we've been talking about
Speaker 1: is this simply a relief rally that rolls over into
Speaker 1: bear market lows or a continuation of the bull market,
Speaker 1: And we're gonna have to wait and see how things
Speaker 1: play out. However, the macro is looking good, with the
Speaker 1: stock market continuing strength, the dx y is breaking down,
Speaker 1: so these are positive signs for risk assets and of
Speaker 1: course specifically with the stock market the russell has been
Speaker 1: breaking out making new highs, so great, great signs, right
Speaker 1: that given indication that there's still more to in the
Speaker 1: tank here for this bull market, but again nothing's guaranteed. However,
Speaker 1: you know, if none of this plays out, I'm still
Speaker 1: a long term holder macro investor in crypto because I
Speaker 1: believe this is the future technology. We see all the
Speaker 1: trad fi institutions are adopting, they're building on blockchain networks,
Speaker 1: so clearly crypto is here to stay.
Speaker 2: I don't think that's a question anymore.
Speaker 1: It's just a matter of what the hell's happening with
Speaker 1: the market because global liquidity has been leading, stock market
Speaker 1: has been following. Gold and silver have been falling. Even
Speaker 1: other metals are pumping as well, but I do believe
Speaker 1: those are going to have a blow off. Top assume,
Speaker 1: and you know, correct, markets don't go up forever. It
Speaker 1: doesn't matter what asset, doesn't matter how you feel about it.
Speaker 1: And look, gold is ripping, it's over five thousand dollars.
Speaker 1: But if you look at the chart, green candle after
Speaker 1: green candle, parabolic moves. So I believe there's gonna still
Speaker 1: be rotation of liquidity and we're gonna have to wait
Speaker 1: and see and let that play out. So a lot
Speaker 1: of patience is needed here, folks. Now we got some
Speaker 1: very interesting news. So Rick Ryder, who's the chief investment
Speaker 1: officer at Blackrock, is surging on polymarket as the odds
Speaker 1: pick up for him as the next FED chair. So
Speaker 1: he's at forty six percent odds to be picked by
Speaker 1: President Trump as the new chair. And we know that
Speaker 1: Jerome Powell his tenure is up in May, and there's
Speaker 1: been a lot of talks about who will replace him.
Speaker 1: And I mean, look, look how things work out here,
Speaker 1: right Blackrock, which owns almost every asset as the world's
Speaker 1: largest asset manager. We know they have the biggest bigcoin etf.
Speaker 1: The bigcoin ETFs have been the biggest revenue driver for them.
Speaker 1: That was actually reported a couple of months ago. And
Speaker 1: they also have any THEOREMYTF They're doing tokenization and much more.
Speaker 1: And look at this, Their chief investment officer could potentially
Speaker 1: be the next Vetch here. So I think this is
Speaker 1: very bullish for crypto that it does happen.
Speaker 2: Now.
Speaker 1: I know some people are gonna say, Tony, these guys
Speaker 1: are gonna manipulate you know how it is the revolving door. Yes,
Speaker 1: I understand, but unfortunately there's nothing we can do about that.
Speaker 1: I'm just sharing the news. I'm not saying I love it.
Speaker 1: I'm not saying this is the best thing ever. I'm
Speaker 1: just sharing the information with you and saying what the
Speaker 1: impact might be on crypto. So I do believe black
Speaker 1: Rock they're going to be very bullish. You know, if
Speaker 1: you get somebody in there from Blackrock, they're gonna push crypto.
Speaker 1: They're going to be very friendly to crypto. So let's
Speaker 1: see what happens. And you know, just recently in an interview,
Speaker 1: Rick said bitcoin belongs in the ideal portfolio.
Speaker 2: So they're all in. They're all in again.
Speaker 1: Bitcoin ETF has been the biggest revenue driver for them,
Speaker 1: and they're Bitcoin there is the largest in the market
Speaker 1: and has been the fastest growing ETF in the history
Speaker 1: of ETF.
Speaker 2: So these are facts, folks.
Speaker 1: So you can imagine they're going to pull some strings
Speaker 1: once if indeed Rick Ryder becomes the FED chair. So
Speaker 1: very very interesting things happening here now, folks. This episode
Speaker 1: is brought to you by v Chain. V chain is
Speaker 1: one of the top layer one enterprise blockchains in the
Speaker 1: crypto market. They're getting tons of adoption from companies around
Speaker 1: the globe who are building Web three technology. They're working
Speaker 1: with Dana White in the UFC. Last year, Dana Whites
Speaker 1: that he bought a million dollars in VET token and
Speaker 1: some of the key features of the v chain blockchain
Speaker 1: includes its scalable, secure, fast, compliant, and purpose led I
Speaker 1: am a VET token holder, I have been since twenty eighteen.
Speaker 1: I'm bullish on this project. And you can also stake
Speaker 1: your VET token via stargame. So they're working with many
Speaker 1: different companies Guys BMW, Walmart, China, PwC, Boston Consultant Group,
Speaker 1: and many more. So if you'd like to learn more
Speaker 1: about v chain, go to vchain dot org. Link would
Speaker 1: be in description.
Speaker 2: Now look at this.
Speaker 1: Japan to green light crypto ETFs as soon as twenty
Speaker 1: twenty eight, so we get a report coming out of Tokyo,
Speaker 1: Japan's first exchange traded funds investing in cryptocurrencies could list
Speaker 1: as early as twenty twenty eight. Nieck has learned giving
Speaker 1: retail investors easier exposure to bitcoin and other digital tokens
Speaker 1: that big institutions are already putting in their portfolio. So essentially,
Speaker 1: let the big institutions take their position, then they're going
Speaker 1: to open it up to the retail. How many times
Speaker 1: have we seen this, And that's why if you are
Speaker 1: here early, you're on the side of smart money. In fact,
Speaker 1: those of us who have been here since twenty seventeen,
Speaker 1: twenty sixteen or even earlier, we front ran these big institutions.
Speaker 1: Right now they're all getting involved. We front ran Black
Speaker 1: Rock and all the others, right the banks and much
Speaker 1: more so. Incredible stuff, guys, And it's inevitable, right They're
Speaker 1: all gonna do it. Every country, every jurisdiction, every stock market,
Speaker 1: every bank, every major investment from they're all going to
Speaker 1: offer for crypto in one way or the other. Here's
Speaker 1: another example of adoption, Colombia's second largest pension fund to
Speaker 1: offer bitcoin exposure. So again, if you are having the
Speaker 1: macro view, this is all very bullish, regardless of what
Speaker 1: the hell is happening right now. And I know it's
Speaker 1: painful what's happening now, it's a little bit disappointing. But
Speaker 1: when you have this level of adoption and the retail
Speaker 1: sentiment is in fear, depression, disappointment, and the prices are
Speaker 1: not you know, the price is not doing much and
Speaker 1: it almost feels like it's over Right, that's a perfect
Speaker 1: setup because the market always does the opposite of the herd. So,
Speaker 1: Colombia's second largest private pension and severance fund manager AFP Protection,
Speaker 1: if I'm saying that right, is preparing to launch an
Speaker 1: investment fund with exposure to bitcoin one. David Correa, president
Speaker 1: of Protection on SA, confirm the initiative during an interview
Speaker 1: with local outlet Valora Analytic. According to to Korea, access
Speaker 1: to the product will be limited and granted only to
Speaker 1: a personalized advisory process designed to assess each investor's risk profile.
Speaker 1: Only clients who meet specific criteria will be able to
Speaker 1: allocate a portion of their portfolios to bitcoin. As always, crawl, walk, run.
Speaker 1: That's how they're gonna do it. They're gonna start a bitcoin,
Speaker 1: then they'll go to all coins. We have seen this
Speaker 1: time and time again, very bullish. Look at this R three,
Speaker 1: which you know, many of you know has been around
Speaker 1: for a long time building blockchain technology. They are taking
Speaker 1: a bet on Solana to bring institutional yield on chain.
Speaker 1: So R three has repositioned itself around tokenization and on
Speaker 1: chain capital markets. With Solana as its strategic base, The
Speaker 1: firm is targeting high yield institutional assets like private credit
Speaker 1: and trade finance packaged in defied native structures. Liquidity, not
Speaker 1: tokenization itself, is the next unlocked for real world assets
Speaker 1: on chain, according to Our three co founder Todd McDonald,
Speaker 1: so big news for Solana. Solana is getting a lot
Speaker 1: of institutional adoption. You know, it went from retail meme
Speaker 1: coins NFTs to now tokenization from massive institutions. And most recently,
Speaker 1: of course, we heard about Western Union launching their stable
Speaker 1: coin on Solana. Okay, moving ahead, Agora's Nick van Ck
Speaker 1: betts on stable coin boom and enterprise playments. So I
Speaker 1: had interviewed Nick. I think it was last year, if
Speaker 1: not twenty twenty four. He's actually the fund of Yon
Speaker 1: van K, which is, you know, the founder of the
Speaker 1: firm van x. So he's building a stable coin via
Speaker 1: a Goora. So Agora, founded by Nick van Ck, is
Speaker 1: shifting its focus from DeFi growth toward its AUSD stable
Speaker 1: coin for enterprise payroll, B to B and cross border payments.
Speaker 1: Van K argued that traditional companies will adopt stable coins
Speaker 1: slowly due to infrastructure policy and education gaps, but sees
Speaker 1: the biggest gains in replacing costly pre funded cross border
Speaker 1: payments systems. He said he expects corporate could chains like Circles,
Speaker 1: arc Coinbases Base and Stripes Tempo to dominate as the
Speaker 1: market consolidates, and aims for Agora to become a top
Speaker 1: five global stable coin issue by building tools that feel
Speaker 1: more like bank accounts than crypto. So pretty cool. I'm
Speaker 1: going to try to get him back on the pod
Speaker 1: to talk about this shift in strategy and much more.
Speaker 1: But everyone's building, folks. This is the future. Again, despite
Speaker 1: the price volatility we are seeing, this is the future.
Speaker 1: So don't forget that. You gotta zoom out now. Final
Speaker 1: news item here, and this is kind of a strange one.
Speaker 1: Space Coin launches space token just days after partnering with
Speaker 1: Trump family linked DeFi project. I don't know much about
Speaker 1: this project, but it's interesting. So space coin has launched
Speaker 1: space token and multiple centralized and decentralized exchanges, including binance, cracking,
Speaker 1: and uniswap. The project aims to create a decentralized satellite
Speaker 1: Internet network, with the initial satellites CTC dash zero and
Speaker 1: c tcash one already demonstrating blockchain based communication from space.
Speaker 1: Space Coin recently partnered with World Liberty Finance to connect
Speaker 1: its stable coin infrastructure and provide Internet access in underserved regions,
Speaker 1: while the space token enables trading staking in a governance participation.
Speaker 2: Now, I do believe in what they're doing as far
Speaker 2: as the mission. This is the future.
Speaker 1: They're going to have the satellite set up to allow
Speaker 1: blockchain networks to function all over the world, but even
Speaker 1: in space, as we do space exploration. No one's going
Speaker 1: to use cash in space, right, Let's say fifty to
Speaker 1: one hundred years from now, when we are colonizing Mars
Speaker 1: or the Moon or whatever we will get there, Right,
Speaker 1: They're not going to be using paper money, right, It's
Speaker 1: going to be blockchain powered for instant settlement and much more.
Speaker 1: And you need satellites and all the infrastructure in space
Speaker 1: set up. So I'm going to try to get someone
Speaker 1: on the pod to talk about this. It's a very interesting,
Speaker 1: but you know, you've got to make sure that you
Speaker 1: go through the details. I need to do my research
Speaker 1: here and make sure this is a legit project. They're
Speaker 1: actually doing what they're doing. Obviously, it's interesting that they're
Speaker 1: partnering with World Liberty Financial. You know, the Donald Trump
Speaker 1: linked crypto companies, so.
Speaker 2: We shall see.
Speaker 1: It's very very interesting. All right, folks, that's the news.
Speaker 1: Let me know what you think. Leave your thoughts in
Speaker 1: comments below, hit the thumbs up button. Subscribe if you
Speaker 1: haven't as yet, and folks, be sure to support the
Speaker 1: podcast by subscribing to my free email newsletter. It is
Speaker 1: one hundred percent free. Check out my book on Amazon.
Speaker 1: Grab a copy. It's available in paperback in digital. And
Speaker 1: if you want to expand your crypto knowledge, check out
Speaker 1: my course at mycrypto course dot com. This is a
Speaker 1: comprehensive course that teaches you everything you need to know
Speaker 1: about crypto Folks, thank you so much for tuning in.
Speaker 1: I appreciate you all, and I'll talk to you all
Speaker 1: later