WEBVTT

1
00:00:00.160 --> 00:00:03.000
<v Speaker 1>I've got bullish news for you. The three crypto bills

2
00:00:03.040 --> 00:00:07.160
<v Speaker 1>have passed in the House. The stable Coin Market Structure

3
00:00:07.200 --> 00:00:10.839
<v Speaker 1>and Anti CBDC bills have passed, and the stable coin

4
00:00:10.919 --> 00:00:14.919
<v Speaker 1>bill goes to Trump for signatures tomorrow. This is massive

5
00:00:15.160 --> 00:00:19.280
<v Speaker 1>and XRP has entered price discovery, blasting through the old

6
00:00:19.399 --> 00:00:27.359
<v Speaker 1>all time highs. Let's get into it, hey, folks, Welcome

7
00:00:27.359 --> 00:00:30.359
<v Speaker 1>into the Thinking Crypto Podcast. I'm your host, Tony Edward.

8
00:00:30.440 --> 00:00:33.079
<v Speaker 1>On your way in. Please sit that subscribe button as

9
00:00:33.159 --> 00:00:35.479
<v Speaker 1>well as the thumbs up button and leave a comment below.

10
00:00:35.759 --> 00:00:38.320
<v Speaker 1>If you're listening on a podcast platform such as Spotify

11
00:00:38.439 --> 00:00:42.079
<v Speaker 1>or Apple, please leave a five star rating and review. Folks.

12
00:00:42.280 --> 00:00:44.679
<v Speaker 1>If you look at the total market cap right now,

13
00:00:44.799 --> 00:00:48.640
<v Speaker 1>it is in new all time highs at three point

14
00:00:48.719 --> 00:00:52.320
<v Speaker 1>nine two trillion dollars Bitcoin over one hundred and twenty

15
00:00:52.399 --> 00:00:57.039
<v Speaker 1>thousand dollars ethereum near thirty six hundred dollars. XRP new

16
00:00:57.079 --> 00:01:00.240
<v Speaker 1>all time highs at three dollars and sixty two cents. Folks,

17
00:01:00.359 --> 00:01:03.439
<v Speaker 1>it is up near forty three percent over the past

18
00:01:03.479 --> 00:01:07.359
<v Speaker 1>seven days. XRP is ripping, hitting new all time highs.

19
00:01:07.719 --> 00:01:10.159
<v Speaker 1>This is what I've been telling you. The thesis is

20
00:01:10.200 --> 00:01:13.400
<v Speaker 1>playing out beautifully here. All of this is following global

21
00:01:13.400 --> 00:01:17.439
<v Speaker 1>liquidity and we're seeing the rotation of liquidity threety assets right,

22
00:01:17.599 --> 00:01:20.239
<v Speaker 1>Bitcoin pump to one hundred and twenty three k, hit

23
00:01:20.359 --> 00:01:25.280
<v Speaker 1>its overbod zone. Then the rotational liquidity started hitting etherorem XRP.

24
00:01:25.560 --> 00:01:27.799
<v Speaker 1>It will make its way to the mid caps and

25
00:01:27.799 --> 00:01:31.200
<v Speaker 1>then the small caps. Folks, It's beautiful. I mean, look

26
00:01:31.239 --> 00:01:33.400
<v Speaker 1>at the sea of green in the market here. Even

27
00:01:33.439 --> 00:01:36.319
<v Speaker 1>Solana is joining the game. Solana is over one hundred

28
00:01:36.319 --> 00:01:39.599
<v Speaker 1>and eighty bucks. You got dose coin over twenty three cents,

29
00:01:39.599 --> 00:01:43.439
<v Speaker 1>Cardono over eighty five cents. Things are looking really good.

30
00:01:43.480 --> 00:01:46.359
<v Speaker 1>And remember this thing runs in phases, so you will

31
00:01:46.400 --> 00:01:50.079
<v Speaker 1>have pullbacks, you will have volatility. You have to expect that.

32
00:01:50.159 --> 00:01:52.560
<v Speaker 1>You have to keep that in the back of your mind. Man.

33
00:01:52.599 --> 00:01:54.640
<v Speaker 1>But when I look at the total market cap here

34
00:01:54.959 --> 00:01:58.200
<v Speaker 1>on the chart, it is an amazing thing to see.

35
00:01:58.560 --> 00:02:01.120
<v Speaker 1>And this is the bull market. Remember all the people

36
00:02:01.120 --> 00:02:03.319
<v Speaker 1>in the common section call me a clown and the

37
00:02:03.400 --> 00:02:06.200
<v Speaker 1>idiot saying we were in a bear market. The market top.

38
00:02:06.840 --> 00:02:08.360
<v Speaker 1>I'm going to take the high road. I'm not going

39
00:02:08.400 --> 00:02:10.319
<v Speaker 1>to rip them to shreds, but I'm going to say this.

40
00:02:10.840 --> 00:02:13.759
<v Speaker 1>I hope you learn what is happening in the market

41
00:02:13.800 --> 00:02:16.199
<v Speaker 1>and how to read the markets. If you look at

42
00:02:16.400 --> 00:02:20.479
<v Speaker 1>XRPS chart, my god, that's a bullish chart, folks, new

43
00:02:20.520 --> 00:02:24.639
<v Speaker 1>all time highs. I refresh my portfolio today, and to

44
00:02:24.680 --> 00:02:28.360
<v Speaker 1>say the least, I'm very happy my XRP holdings, my

45
00:02:28.439 --> 00:02:31.400
<v Speaker 1>Ethereum holdings are up. Obviously Bitcoin is up as well,

46
00:02:31.439 --> 00:02:34.280
<v Speaker 1>and I have other coins in my portfolio. But what

47
00:02:34.360 --> 00:02:36.240
<v Speaker 1>an amazing time to be in this market. If you

48
00:02:36.280 --> 00:02:40.039
<v Speaker 1>look at the Etheroreum chart, also very very bullish. And

49
00:02:40.159 --> 00:02:41.840
<v Speaker 1>you know, some of the factors I've been sharing with

50
00:02:41.879 --> 00:02:45.000
<v Speaker 1>you guys NonStop on the live stream in my newsletter

51
00:02:45.080 --> 00:02:48.280
<v Speaker 1>on the podcast is bitcoin dominance, and you can see

52
00:02:48.280 --> 00:02:50.439
<v Speaker 1>that isn't a free fall. So of course these are

53
00:02:50.479 --> 00:02:53.280
<v Speaker 1>the metrics we're looking at. So the important thing that

54
00:02:53.400 --> 00:02:55.960
<v Speaker 1>we need to keep in mind, like I said, there's volatility.

55
00:02:55.960 --> 00:02:59.599
<v Speaker 1>Bitcoin dominance is hitting the over soul zone and these

56
00:02:59.719 --> 00:03:03.199
<v Speaker 1>all coins like XRP are in the overbod zone. So

57
00:03:03.240 --> 00:03:06.120
<v Speaker 1>you can see things are becoming overheated and there's going

58
00:03:06.199 --> 00:03:09.479
<v Speaker 1>to be a reversal, so anticipate the reversal. But as

59
00:03:09.479 --> 00:03:11.159
<v Speaker 1>many of you know, things are going to continue to

60
00:03:11.199 --> 00:03:13.919
<v Speaker 1>heat up. We're gonna hit new highs. It's gonna get

61
00:03:13.919 --> 00:03:16.759
<v Speaker 1>euphoric and greedy. The herd is gonna come in. It

62
00:03:16.800 --> 00:03:19.439
<v Speaker 1>will almost seem like they will never be at top.

63
00:03:19.599 --> 00:03:22.520
<v Speaker 1>That's the feelings and the emotions that come in. But

64
00:03:22.599 --> 00:03:25.319
<v Speaker 1>we do not invest with our feelings or emotions. As

65
00:03:25.599 --> 00:03:28.680
<v Speaker 1>happy as we are to see the prices up, this

66
00:03:28.759 --> 00:03:31.400
<v Speaker 1>is the time we want to start to get fearful.

67
00:03:31.639 --> 00:03:34.639
<v Speaker 1>Why we're doing the contrarian move against the herd who

68
00:03:34.639 --> 00:03:36.879
<v Speaker 1>are going to come in, the dumb money crowd. And

69
00:03:37.000 --> 00:03:39.719
<v Speaker 1>if you are planning to take profits, this is the

70
00:03:39.800 --> 00:03:42.159
<v Speaker 1>time to pay attention. Don't walk away from the market.

71
00:03:42.400 --> 00:03:45.360
<v Speaker 1>Have your profit taking plan. I will be taking profits,

72
00:03:45.400 --> 00:03:47.680
<v Speaker 1>of course, and I will let you guys know, hey,

73
00:03:47.719 --> 00:03:50.199
<v Speaker 1>I'm completely out of the market or I've took profits

74
00:03:50.199 --> 00:03:53.800
<v Speaker 1>at this respective price point. So stick with me, folks,

75
00:03:53.840 --> 00:03:56.560
<v Speaker 1>and make sure you are subscribed with the notification bell.

76
00:03:56.639 --> 00:03:59.919
<v Speaker 1>On the other factor, tether dominance, the stable coin liquid

77
00:04:00.639 --> 00:04:02.919
<v Speaker 1>it is in a free fall as well, currently at

78
00:04:02.919 --> 00:04:06.000
<v Speaker 1>four point one four percent, and when that thing breaks

79
00:04:06.039 --> 00:04:09.280
<v Speaker 1>below four percent, guys, it's going to go lower, obviously,

80
00:04:09.319 --> 00:04:13.000
<v Speaker 1>but it's going to trigger massive liquidity coming into bigcoin

81
00:04:13.039 --> 00:04:17.079
<v Speaker 1>in all coins, so incredible, incredible stuff here. Now, I

82
00:04:17.120 --> 00:04:19.879
<v Speaker 1>know some of you hold other all coins further down

83
00:04:19.959 --> 00:04:22.439
<v Speaker 1>the list, like maybe all coin number one hundred or

84
00:04:22.480 --> 00:04:25.519
<v Speaker 1>two hundred. Right, well, let's look at the total market

85
00:04:25.560 --> 00:04:29.360
<v Speaker 1>cap excluding bitcoin, ethererem and stable coins, and look at that.

86
00:04:29.800 --> 00:04:32.000
<v Speaker 1>We are on the rise. We have not hit new

87
00:04:32.040 --> 00:04:34.959
<v Speaker 1>all time highs yet, but again, this thing runs in phases,

88
00:04:35.319 --> 00:04:38.079
<v Speaker 1>so you can see here we're on our way up.

89
00:04:38.120 --> 00:04:41.240
<v Speaker 1>We are at near eight hundred billion, and we haven't

90
00:04:41.279 --> 00:04:43.720
<v Speaker 1>passed what we hit the high that we hit in

91
00:04:43.800 --> 00:04:47.759
<v Speaker 1>Q four of twenty twenty four, which was near or

92
00:04:47.759 --> 00:04:51.000
<v Speaker 1>actuld say, yeah, nine hundred and forty eight billion, So

93
00:04:51.040 --> 00:04:53.199
<v Speaker 1>we got some ways to go, but you can see

94
00:04:53.240 --> 00:04:56.279
<v Speaker 1>we're climbing the ladder. We're stare stepping our way out

95
00:04:56.319 --> 00:04:59.079
<v Speaker 1>of these corrective zones and we're going to make new

96
00:04:59.160 --> 00:05:01.959
<v Speaker 1>highs and this market is going to go parabolic. It's

97
00:05:02.079 --> 00:05:04.560
<v Speaker 1>going to get exciting. And I want to remind you

98
00:05:04.639 --> 00:05:07.160
<v Speaker 1>all of this is following global liquidity. Right. You see

99
00:05:07.160 --> 00:05:09.800
<v Speaker 1>the stock market hitting new all time high. As real estate,

100
00:05:10.360 --> 00:05:12.800
<v Speaker 1>you also have precious metals gold and silver have been

101
00:05:12.839 --> 00:05:16.680
<v Speaker 1>on the rise. You got the collectible's market obviously, crypto

102
00:05:16.759 --> 00:05:20.079
<v Speaker 1>so liquidity slashing around in different markets, but that does

103
00:05:20.120 --> 00:05:23.560
<v Speaker 1>not last forever. So this is why it's critical to

104
00:05:23.639 --> 00:05:25.560
<v Speaker 1>understand where we're at in the cycle and where we're

105
00:05:25.600 --> 00:05:28.920
<v Speaker 1>headed and what is going to follow. Every bull market

106
00:05:28.959 --> 00:05:30.720
<v Speaker 1>is followed by a bear market. Just look at the

107
00:05:30.720 --> 00:05:33.639
<v Speaker 1>stock market. It's been around longer than crypto, it still

108
00:05:33.680 --> 00:05:38.079
<v Speaker 1>experiences bear market because this thing is all following liquidity. Now,

109
00:05:38.160 --> 00:05:40.879
<v Speaker 1>as I've been sharing with you guys, the global liquidity

110
00:05:41.120 --> 00:05:45.439
<v Speaker 1>tracker right now is topping out in November. It doesn't

111
00:05:45.480 --> 00:05:48.879
<v Speaker 1>mean that we can't rebound, but as of right now,

112
00:05:48.920 --> 00:05:51.639
<v Speaker 1>as of today, the data we have showing that topping

113
00:05:51.639 --> 00:05:56.160
<v Speaker 1>out there. So this rally could continue to Q four

114
00:05:56.199 --> 00:05:59.560
<v Speaker 1>and then top out, or maybe there's a pullback and

115
00:05:59.600 --> 00:06:02.519
<v Speaker 1>then it continues hiringto Q one twenty twenty six. I

116
00:06:02.560 --> 00:06:05.480
<v Speaker 1>don't know, all right, So I don't have a crystal ball,

117
00:06:05.519 --> 00:06:07.360
<v Speaker 1>but I'm going to use the data I have today

118
00:06:07.600 --> 00:06:11.240
<v Speaker 1>to validate my thesis versus my gut feeling or feelings

119
00:06:11.240 --> 00:06:14.079
<v Speaker 1>and emotions. We don't want to invest like that, right, folks.

120
00:06:14.480 --> 00:06:18.000
<v Speaker 1>So the thesis is playing out beautifully here. I hope

121
00:06:18.000 --> 00:06:21.680
<v Speaker 1>you understand. I hope you stuck with me because things

122
00:06:21.759 --> 00:06:24.680
<v Speaker 1>are about to get euphoric, exciting. Some of you are

123
00:06:24.720 --> 00:06:27.199
<v Speaker 1>going to make life changing money. As I've been saying,

124
00:06:27.319 --> 00:06:29.879
<v Speaker 1>make sure you have a plan for that money so

125
00:06:29.920 --> 00:06:33.959
<v Speaker 1>you don't get hit with sudden wealth syndrome. You cater

126
00:06:34.120 --> 00:06:38.639
<v Speaker 1>for taxes, to pay off your debt, bolster up your retirement,

127
00:06:38.759 --> 00:06:42.000
<v Speaker 1>spend some of course, obviously, so just know what you're

128
00:06:42.040 --> 00:06:45.160
<v Speaker 1>doing right because you want to be smart with your money. Guys,

129
00:06:45.199 --> 00:06:49.000
<v Speaker 1>And I speak from experience, I speak from you know stories.

130
00:06:49.040 --> 00:06:51.160
<v Speaker 1>I've heard of other people that I know you have

131
00:06:51.199 --> 00:06:53.160
<v Speaker 1>gone through these things and they wish they had a

132
00:06:53.199 --> 00:06:57.480
<v Speaker 1>plan and they did things better. So please understand all

133
00:06:57.560 --> 00:07:01.600
<v Speaker 1>of the implications of making these great returns because nothing

134
00:07:01.639 --> 00:07:04.519
<v Speaker 1>moves like crypto. Man. It's like Paul Tudor Jones said,

135
00:07:05.519 --> 00:07:09.000
<v Speaker 1>Bitcoin and crypto are the fastest horses in the race,

136
00:07:09.399 --> 00:07:15.399
<v Speaker 1>in the race amongst assets. So it's bullish times. Anticipate pullbacks, corrections, volatility,

137
00:07:15.399 --> 00:07:18.959
<v Speaker 1>but we're going to keep going higher following global liquidity. Now, folks,

138
00:07:19.000 --> 00:07:21.560
<v Speaker 1>quick word from our sponsor, and that is Proppy. Propy

139
00:07:22.040 --> 00:07:25.319
<v Speaker 1>is a leader in the space of putting real estate

140
00:07:25.360 --> 00:07:27.959
<v Speaker 1>on chain. You can buy and sell real estate on

141
00:07:28.040 --> 00:07:31.680
<v Speaker 1>Propy using crypto, which is amazing, and their platform is

142
00:07:31.720 --> 00:07:34.680
<v Speaker 1>of course powered by a blockchain. They have a token

143
00:07:34.759 --> 00:07:37.600
<v Speaker 1>called the pro token. I've been invested in that token

144
00:07:37.639 --> 00:07:41.079
<v Speaker 1>since twenty eighteen because when I started investing in crypto

145
00:07:41.199 --> 00:07:44.360
<v Speaker 1>and going into different tokens, I noticed that Propy was

146
00:07:44.399 --> 00:07:47.319
<v Speaker 1>the only one in the real estate swim lane, so

147
00:07:47.399 --> 00:07:52.800
<v Speaker 1>to speak. And they've been tokenizing deeds, creating NFTs for properties.

148
00:07:53.120 --> 00:07:56.800
<v Speaker 1>They facilitated over four billion dollars in transactions and they've

149
00:07:56.800 --> 00:08:00.759
<v Speaker 1>been doing this since twenty seventeen. And they use coinbase

150
00:08:00.839 --> 00:08:03.560
<v Speaker 1>for their crypto escro service. And when you're buying and selling,

151
00:08:03.839 --> 00:08:06.000
<v Speaker 1>so we all know, real estate's going to be tokenized

152
00:08:06.000 --> 00:08:09.800
<v Speaker 1>along with other assets, and Propy is leading that charge, folks. So,

153
00:08:09.959 --> 00:08:12.639
<v Speaker 1>like I said, I've been an investor for many years,

154
00:08:12.639 --> 00:08:15.800
<v Speaker 1>even before it became a sponsor in full transparency, and

155
00:08:15.839 --> 00:08:18.560
<v Speaker 1>I continue to hold the token. I'm bullish on the token,

156
00:08:18.839 --> 00:08:21.480
<v Speaker 1>And if you like to learn more about Propy, visit

157
00:08:21.519 --> 00:08:24.199
<v Speaker 1>the link in the description. Now, folks, I'm sure many

158
00:08:24.199 --> 00:08:27.040
<v Speaker 1>of you heard, and that is the three crypto bills

159
00:08:27.079 --> 00:08:29.079
<v Speaker 1>have passed in the House. This is why I was

160
00:08:29.120 --> 00:08:31.879
<v Speaker 1>telling you guys over the past couple of days don't worry.

161
00:08:31.920 --> 00:08:34.080
<v Speaker 1>They're going to get it done right. It's just the

162
00:08:34.120 --> 00:08:37.200
<v Speaker 1>normal politics. It moves like molasses. They always throw with

163
00:08:37.240 --> 00:08:40.000
<v Speaker 1>some monkey wrench in the system, but they get it done.

164
00:08:40.159 --> 00:08:42.720
<v Speaker 1>And the Genius Act, the stable coin bill, as I've

165
00:08:42.720 --> 00:08:46.639
<v Speaker 1>been highlighting, has geopolitical implications with the US dollar and

166
00:08:46.759 --> 00:08:50.960
<v Speaker 1>US treasuries. So Tom Emmer, he tweeted out today, passed

167
00:08:51.159 --> 00:08:54.679
<v Speaker 1>the Genius Act will create a clear, regulatory stable coin

168
00:08:54.720 --> 00:08:58.559
<v Speaker 1>framework for asset innovators to thrive in the US, bring

169
00:08:58.600 --> 00:09:01.399
<v Speaker 1>our payment system into the tw twenty first century, and

170
00:09:01.480 --> 00:09:04.960
<v Speaker 1>preserve the dollars dominance as the world reserve currency. So

171
00:09:05.279 --> 00:09:08.080
<v Speaker 1>highlighting the Genius Act, which is a stable coin bill

172
00:09:08.159 --> 00:09:11.519
<v Speaker 1>being passed. The Clarity Act was also passed, and the

173
00:09:11.639 --> 00:09:16.159
<v Speaker 1>Anti CBDC Act was passed. Now the stable cooin bill,

174
00:09:16.200 --> 00:09:19.240
<v Speaker 1>the Genius Act, goes to President Trump and he will

175
00:09:19.360 --> 00:09:23.200
<v Speaker 1>sign that. They said by tomorrow apparently, so once that

176
00:09:23.320 --> 00:09:27.240
<v Speaker 1>sign expect major stable coin innovation. We're going to see

177
00:09:27.240 --> 00:09:29.919
<v Speaker 1>the big banks launcher stable coins. We've already heard from

178
00:09:29.919 --> 00:09:32.039
<v Speaker 1>the banks. Bank of America's CEO said they're going to

179
00:09:32.120 --> 00:09:36.240
<v Speaker 1>launch your own stable coin. Apparently there's a joint conglomerate

180
00:09:36.480 --> 00:09:39.200
<v Speaker 1>among these banks JP Morgan, Wells, Fargo and much more

181
00:09:39.240 --> 00:09:42.039
<v Speaker 1>than want to launch a joint stable coin. So you

182
00:09:42.080 --> 00:09:44.960
<v Speaker 1>are going to see stable coins pop up everywhere, and

183
00:09:45.000 --> 00:09:47.320
<v Speaker 1>that's very good for the crypto acid class as well

184
00:09:47.320 --> 00:09:50.039
<v Speaker 1>as the US dollar. Now, the Clarity Act, the Market

185
00:09:50.039 --> 00:09:53.360
<v Speaker 1>Structure Bill, and the Anti CBDC Bill, they're going to

186
00:09:53.399 --> 00:09:55.960
<v Speaker 1>go to the Senate, and as David Sachs the White

187
00:09:56.000 --> 00:09:59.320
<v Speaker 1>House Cryptos are said about a few weeks ago, that's

188
00:09:59.360 --> 00:10:01.559
<v Speaker 1>going to be voted on in September, so after the

189
00:10:01.639 --> 00:10:06.279
<v Speaker 1>August recess. And this is where that coincides potentially with

190
00:10:06.360 --> 00:10:08.759
<v Speaker 1>the top of the market. Now that's the bigger bill

191
00:10:08.840 --> 00:10:12.360
<v Speaker 1>because it will rule on many things. What's the security,

192
00:10:12.440 --> 00:10:16.360
<v Speaker 1>what's not the SEC's role, the cfdc's role, you got DeFi,

193
00:10:16.440 --> 00:10:18.960
<v Speaker 1>you got staking, you have so many things right now.

194
00:10:19.000 --> 00:10:21.679
<v Speaker 1>It doesn't cover every aspect of crypto, but it covers

195
00:10:21.720 --> 00:10:25.240
<v Speaker 1>the meat and potatoes, the main stuff. So that is

196
00:10:25.279 --> 00:10:28.559
<v Speaker 1>even more bullish than the stable cooin bill from a

197
00:10:28.600 --> 00:10:33.120
<v Speaker 1>crypto market perspective. Right, So, just an amazing, amazing win. Here.

198
00:10:33.200 --> 00:10:35.440
<v Speaker 1>Let me give you some of the details. Eleanor Terry

199
00:10:35.519 --> 00:10:38.600
<v Speaker 1>Recap is saying the Clarity Act passing to vote two

200
00:10:38.720 --> 00:10:42.440
<v Speaker 1>ninety four to one thirty four, with seventy eight Democrats

201
00:10:42.519 --> 00:10:46.120
<v Speaker 1>voting in favor. That is more than double the thirty

202
00:10:46.159 --> 00:10:48.919
<v Speaker 1>five that was expected, and more than the seventy one

203
00:10:48.960 --> 00:10:52.559
<v Speaker 1>who voted to pass the FIT twenty one bill last year. Now,

204
00:10:52.679 --> 00:10:55.440
<v Speaker 1>if he caught my recent interview with Congressman Frenchill, the

205
00:10:55.440 --> 00:10:58.240
<v Speaker 1>FIT twenty one is the Clarityact. They just changed the

206
00:10:58.320 --> 00:11:01.279
<v Speaker 1>name and made some updates to it. Genius Act passed

207
00:11:01.320 --> 00:11:03.919
<v Speaker 1>in a vote of three hundred and eight to one

208
00:11:04.120 --> 00:11:07.120
<v Speaker 1>twenty two, with one hundred and two Democrats voting in favor.

209
00:11:07.399 --> 00:11:10.720
<v Speaker 1>That's a lot of Democrats, But the Democrats know that

210
00:11:10.759 --> 00:11:14.039
<v Speaker 1>this is important to the United States sustainability of the

211
00:11:14.120 --> 00:11:17.559
<v Speaker 1>world reserve currency and dollar dominance, so that's why that

212
00:11:17.639 --> 00:11:20.919
<v Speaker 1>number is high. The Anti CBDC Act passed in a

213
00:11:21.039 --> 00:11:23.799
<v Speaker 1>vote of two nineteen to two ten with two Democrats

214
00:11:23.919 --> 00:11:27.159
<v Speaker 1>voting in favor. Now, a lot of Democrats following Elizabeth Warren,

215
00:11:27.200 --> 00:11:30.399
<v Speaker 1>they love that CBDC setup. But I've been telling you guys,

216
00:11:30.879 --> 00:11:33.759
<v Speaker 1>watch that joint stable coin if it comes from the banks,

217
00:11:34.120 --> 00:11:37.200
<v Speaker 1>because that is a CBDC with a different face and

218
00:11:37.279 --> 00:11:39.840
<v Speaker 1>name on it. All those banks are plugged into the

219
00:11:39.840 --> 00:11:42.600
<v Speaker 1>Fed and Treasury. So while it's not the Fed giving

220
00:11:42.639 --> 00:11:46.360
<v Speaker 1>you a wallet in CBDC, they're putting it through their buddies,

221
00:11:46.679 --> 00:11:49.039
<v Speaker 1>the JP, Morgan and so forth. Right, we know how

222
00:11:49.039 --> 00:11:51.600
<v Speaker 1>the system works, so we got to watch out for that.

223
00:11:51.600 --> 00:11:54.039
<v Speaker 1>That is the CBDC that we got to watch out for,

224
00:11:54.279 --> 00:11:57.440
<v Speaker 1>So we got to be vigilant there. But folks, what

225
00:11:57.600 --> 00:12:01.440
<v Speaker 1>a massive win. So bullish, and you notice is going

226
00:12:01.480 --> 00:12:05.000
<v Speaker 1>to unlock tons of capital coming into the market, tons

227
00:12:05.039 --> 00:12:09.399
<v Speaker 1>of innovation, lots of job creation, and much more. Ripple's CEO,

228
00:12:09.480 --> 00:12:12.480
<v Speaker 1>Brad Garlinghouse weighed in on this, saying the last major

229
00:12:12.559 --> 00:12:16.519
<v Speaker 1>financial regulation bill was passed fifteen years ago in response

230
00:12:16.799 --> 00:12:19.879
<v Speaker 1>to the two thousand and eight financial crisis. Tomorrow, the

231
00:12:19.919 --> 00:12:23.080
<v Speaker 1>signing of the Genius Act cements the US's future in

232
00:12:23.200 --> 00:12:27.480
<v Speaker 1>being a leader in truly innovative financial technology stable coins.

233
00:12:27.679 --> 00:12:30.519
<v Speaker 1>This moment is a historic one and I for one,

234
00:12:30.600 --> 00:12:33.639
<v Speaker 1>am looking forward to all that is to come as

235
00:12:33.639 --> 00:12:37.080
<v Speaker 1>a result of this transformational legislation. Now Ripple is going

236
00:12:37.120 --> 00:12:40.080
<v Speaker 1>to benefit significantly because they have a stable coin called

237
00:12:40.320 --> 00:12:45.000
<v Speaker 1>r l USD. So it's just exciting. I'm sure everybody

238
00:12:45.039 --> 00:12:48.240
<v Speaker 1>in the crypto market is excited about this and Look

239
00:12:48.240 --> 00:12:51.759
<v Speaker 1>at this robin Hood and Coinbasis stock hit new highs

240
00:12:51.799 --> 00:12:56.320
<v Speaker 1>today and another confirmation of the bullmarket. Right. So crypto companies,

241
00:12:56.399 --> 00:12:59.440
<v Speaker 1>especially those that are public, are going to benefit significantly

242
00:12:59.440 --> 00:13:02.399
<v Speaker 1>because the arrative is going to be out there, legislations here,

243
00:13:02.960 --> 00:13:05.080
<v Speaker 1>So people are going to bet on these companies and

244
00:13:05.120 --> 00:13:08.240
<v Speaker 1>their stocks because they know mass adoption is going to come.

245
00:13:08.840 --> 00:13:12.759
<v Speaker 1>So if you hold coin based stock or robin Hood stock, congrats,

246
00:13:12.759 --> 00:13:14.879
<v Speaker 1>and you know bitcoin mining stocks are going to go

247
00:13:14.960 --> 00:13:18.759
<v Speaker 1>up much more circle obviously they went public. Expect to

248
00:13:18.799 --> 00:13:23.519
<v Speaker 1>see more crypto companies go public, folks, because the clarities there,

249
00:13:23.559 --> 00:13:26.120
<v Speaker 1>the narratives there, and we're in a bull market, so

250
00:13:26.200 --> 00:13:29.480
<v Speaker 1>it makes sense to do that. Now, look at this Blackrock.

251
00:13:29.759 --> 00:13:32.399
<v Speaker 1>You know they are all in on crypto. They are

252
00:13:32.440 --> 00:13:36.879
<v Speaker 1>seeking staking option for Eischer's Ethereum trust in new filing.

253
00:13:37.240 --> 00:13:39.679
<v Speaker 1>So this comes with no surprise. I've been telling you guys.

254
00:13:40.039 --> 00:13:43.120
<v Speaker 1>When the SEC approves taking and the Ethereom ETFs, the

255
00:13:43.240 --> 00:13:47.279
<v Speaker 1>inflows are going to explode because you have the yield

256
00:13:47.480 --> 00:13:50.000
<v Speaker 1>and Blackrock they don't want to miss out. And I'm

257
00:13:50.039 --> 00:13:52.639
<v Speaker 1>waiting for them to file for their x RP and

258
00:13:52.720 --> 00:13:56.039
<v Speaker 1>Solana ETFs. You know they were kind of late to

259
00:13:56.080 --> 00:13:59.039
<v Speaker 1>the game with bitcoin and eth. They came after them

260
00:13:59.159 --> 00:14:02.120
<v Speaker 1>the other players file, but they're kind of the pillar

261
00:14:02.200 --> 00:14:06.639
<v Speaker 1>that the SEC also gives favoritism too. That if Blackrocks participating,

262
00:14:07.240 --> 00:14:11.720
<v Speaker 1>then you know that means we have to approve it. Unfortunately,

263
00:14:11.799 --> 00:14:14.399
<v Speaker 1>that's how it is if you know what Blackrock is

264
00:14:14.440 --> 00:14:17.120
<v Speaker 1>and what they've done with the government and much more so,

265
00:14:17.159 --> 00:14:21.759
<v Speaker 1>the Nasdaq submitted and amended nineteen B dash four filing

266
00:14:21.799 --> 00:14:25.080
<v Speaker 1>to allow staking for ether held in the aischers Etheroereum

267
00:14:25.120 --> 00:14:29.639
<v Speaker 1>trust ETO. So if BlackRock's doing this, approval is probably

268
00:14:29.720 --> 00:14:33.080
<v Speaker 1>right around the corner right read between the lines here, folks.

269
00:14:33.159 --> 00:14:37.039
<v Speaker 1>We've seen this story before, so bullish times are ahead.

270
00:14:37.080 --> 00:14:39.399
<v Speaker 1>And look, speaking of the Nasdaq, many of you may

271
00:14:39.440 --> 00:14:42.519
<v Speaker 1>have seen my video and pictures that I posted. I

272
00:14:42.639 --> 00:14:45.639
<v Speaker 1>was at the NASDAC today at the Nasdaq Exchange and

273
00:14:45.799 --> 00:14:49.600
<v Speaker 1>celebrating high digital technologies. They're a bitcoin minor. I had

274
00:14:49.600 --> 00:14:52.480
<v Speaker 1>the chairman, Frank Holmes on the podcast a couple of

275
00:14:52.519 --> 00:14:55.919
<v Speaker 1>months back. Obviously, they're publicly listed and they're celebrating four

276
00:14:56.000 --> 00:14:58.320
<v Speaker 1>years of being publicly listed, and it was a great

277
00:14:58.360 --> 00:15:00.320
<v Speaker 1>experience to be at the Nasdaq. I've visit at the

278
00:15:00.320 --> 00:15:02.840
<v Speaker 1>New York Stock Exchange. But to be at the NASDAC

279
00:15:02.879 --> 00:15:06.200
<v Speaker 1>and to be there to ringing the closing bell was awesome.

280
00:15:06.759 --> 00:15:11.000
<v Speaker 1>And it's just I think, an analogous to what is

281
00:15:11.399 --> 00:15:15.960
<v Speaker 1>happening in this market, and that crypto is going fully mainstream,

282
00:15:16.519 --> 00:15:20.200
<v Speaker 1>taking over Wall Street, taking over trad Fi, and crypto

283
00:15:20.240 --> 00:15:25.320
<v Speaker 1>companies going public getting publicly listed. Just so much happening,

284
00:15:25.360 --> 00:15:30.600
<v Speaker 1>tokenization ets you name it, right, folks. So as I said, though,

285
00:15:31.279 --> 00:15:33.279
<v Speaker 1>have a plan, know what you're doing. If you are

286
00:15:33.320 --> 00:15:37.440
<v Speaker 1>taking profits, just be prepared, guys, because I've been here

287
00:15:37.480 --> 00:15:40.759
<v Speaker 1>for multiple bull market cycles. It doesn't last forever. There's

288
00:15:40.799 --> 00:15:44.159
<v Speaker 1>going to be people saying this time is different. I've

289
00:15:44.200 --> 00:15:47.000
<v Speaker 1>seen that every cycle. This time is different. This time

290
00:15:47.080 --> 00:15:50.519
<v Speaker 1>is different. Again. Look at the stock market, it's regulated,

291
00:15:50.600 --> 00:15:54.240
<v Speaker 1>it's been around longer, but it still experiences bear markets.

292
00:15:54.440 --> 00:15:56.759
<v Speaker 1>Look at the real estate market, same thing. Look at

293
00:15:56.759 --> 00:16:00.159
<v Speaker 1>precious metals, right, So you have to make sure that

294
00:16:00.240 --> 00:16:03.320
<v Speaker 1>you understand what's happening here. Don't get overwhelmed by your

295
00:16:03.360 --> 00:16:08.720
<v Speaker 1>feelings of happiness Euphouria Greed. Those things are normal, but

296
00:16:08.799 --> 00:16:11.279
<v Speaker 1>don't get don't let them take over you where you

297
00:16:11.360 --> 00:16:14.320
<v Speaker 1>lose your thinking, and don't follow the data which I've

298
00:16:14.320 --> 00:16:16.879
<v Speaker 1>been sharing with you guys, because we want to make

299
00:16:16.879 --> 00:16:19.360
<v Speaker 1>sure we get this thing right and we don't screw

300
00:16:19.399 --> 00:16:21.879
<v Speaker 1>it up. Folks, that's the news. Let me know what

301
00:16:21.919 --> 00:16:24.399
<v Speaker 1>you think. Leave your thoughts in comments below, hit the

302
00:16:24.480 --> 00:16:27.799
<v Speaker 1>thumbs up button, and folks, if you appreciate all the content,

303
00:16:27.840 --> 00:16:29.879
<v Speaker 1>all the stuff I've been doing, I asked that you

304
00:16:29.919 --> 00:16:32.679
<v Speaker 1>please subscribe to my free email newsletter. It's one hundred

305
00:16:32.720 --> 00:16:35.559
<v Speaker 1>percent free. You don't have to pay anything. It's on substack.

306
00:16:35.879 --> 00:16:38.600
<v Speaker 1>Support me in that way it will really help I

307
00:16:38.639 --> 00:16:40.840
<v Speaker 1>put out a newsletter every week. I'll be putting out

308
00:16:40.840 --> 00:16:44.720
<v Speaker 1>one tomorrow. Also, grab a copy of my book on Amazon.

309
00:16:44.759 --> 00:16:48.480
<v Speaker 1>It's available in paperback in digital. And also check out

310
00:16:48.559 --> 00:16:52.320
<v Speaker 1>my course at Mycrypto course dot com. If you want

311
00:16:52.360 --> 00:16:55.320
<v Speaker 1>to expand your knowledge about crypto, this is the course

312
00:16:55.320 --> 00:16:57.679
<v Speaker 1>for you. It's a comprehensive course pack with a ton

313
00:16:57.720 --> 00:17:00.799
<v Speaker 1>of value. Check it out, folks. All the links will

314
00:17:00.799 --> 00:17:03.200
<v Speaker 1>be in the description. Thank you for watching the listening.

315
00:17:03.240 --> 00:17:05.880
<v Speaker 1>I appreciate you all, and I'll talk to you all

316
00:17:06.160 --> 00:17:06.440
<v Speaker 1>later