WEBVTT

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<v Speaker 1>Will the SEC drop more crypto cases this coming week

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<v Speaker 1>following last week's big announcement around coinbase and open SA

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<v Speaker 1>cases getting dropped. Could we see updates around crack in, UNISWAP,

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<v Speaker 1>Robinhood and even Ripple this week. I want to share

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<v Speaker 1>some details with you and we have big news around

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<v Speaker 1>liquidity being unlocked from the Treasury, and I want to

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<v Speaker 1>talk about the implications of this to crypto and the

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<v Speaker 1>stock market and much more. Let's get into it. Hey, everybody,

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<v Speaker 1>welcome into the Thinking Crypto Podcasts. You're home for cryptocurrency

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<v Speaker 1>news and interviews. I'm your host, Tony Edward. On your

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<v Speaker 1>way in. Please at that subscribe button as well as

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<v Speaker 1>the thumbs up button and leave a comment below. If

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<v Speaker 1>you're listening on a podcast platform such as Spotify or Apple,

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<v Speaker 1>please leave a five star rating and review. Folks, we

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<v Speaker 1>have big updates around the Treasury and liquidity injection that

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<v Speaker 1>is coming. I've been telling you guys a bit about

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<v Speaker 1>this over the past couple of months. I've been highlighting

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<v Speaker 1>it in my newsletter as well. Thomas and the More

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<v Speaker 1>Market has been keeping a track on this and the

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<v Speaker 1>title of his summary here is not QEQE is well underway,

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<v Speaker 1>so essentially saying this is some sort of pseudo QE

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<v Speaker 1>quantitative easing, and we know the FED is going to

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<v Speaker 1>ultimately go back to that, right, all central banks have

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<v Speaker 1>to go back to that, that is the Fiat system.

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<v Speaker 1>They raise the debt ceiling, they have to service the debt,

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<v Speaker 1>so on and so forth, and of course that impacts

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<v Speaker 1>global liquidity, and as global liquidity rises, asset prices rise.

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<v Speaker 1>You see the correlation in the charts. So he says,

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<v Speaker 1>here a liquidity injection of up to eight hundred and

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<v Speaker 1>forty two billion dollars from the Treasury General Account TGA

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<v Speaker 1>is ongoing. Things are heating up as the TGA balance

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<v Speaker 1>starts to drop. Functionally, this is similar to quantitative easing,

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<v Speaker 1>but temporary. Here is what is happening. The debt ceiling

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<v Speaker 1>induced drawn down of the TGA began last week. The

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<v Speaker 1>TGA balance has continued to fall since then. It decreased

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<v Speaker 1>by eighty one billion dollars liquidity injection between Thursday February

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<v Speaker 1>thirteen and Thursday February twentieth. He says, here's my estimated

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<v Speaker 1>path for the TGA moving forward. So as you can

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<v Speaker 1>see here from his chart, the decline and this is

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<v Speaker 1>going to bode well for the global liquidity and the market,

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<v Speaker 1>so you can start to see an impact on the

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<v Speaker 1>stock market in crypto. And of course the timing aligns

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<v Speaker 1>with what we've been talking about for months on months, guys,

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<v Speaker 1>and that is March and April are usually very good

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<v Speaker 1>for the stock market and crypto market seasonality wise. Then

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<v Speaker 1>there's a little bit into May and then selling may

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<v Speaker 1>go away. So it's funny how all these things line up.

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<v Speaker 1>And then in addition you have the DXY it is collapsing,

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<v Speaker 1>so that's a very good sign for risk assets. So

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<v Speaker 1>I think the macro backdrop here, guys, is lining up

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<v Speaker 1>beautifully for this bull market to continue, and global liquidity

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<v Speaker 1>is on the rise. So based on this information and data,

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<v Speaker 1>I am very bullish, right. A lot of people are fearful.

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<v Speaker 1>A lot of people are saying the top is in,

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<v Speaker 1>this thing is over. It's not base on the data now,

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<v Speaker 1>And in yesterday's podcast, I did a full breakdown of

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<v Speaker 1>the different data and charts, so I'm not going to

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<v Speaker 1>do that again, but you guys can go look at

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<v Speaker 1>yesterday's episode and listen to that if you want where

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<v Speaker 1>I break all that down. But guys, I am seeing

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<v Speaker 1>some very bullish things here, and it's things we've seen

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<v Speaker 1>historically in previous bull markets. And once again there hasn't

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<v Speaker 1>been any invalidation of this market. Bitcoin is boring. Bitcoin

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<v Speaker 1>is annoying right now, faking to the upside and downside,

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<v Speaker 1>but still consolidating in a zone. You can draw a big,

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<v Speaker 1>nice rectangle around the zone. It is not crashing to

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<v Speaker 1>the downside. It's not pumping to the upside, right, So

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<v Speaker 1>we got to be patient here, guys, And I think,

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<v Speaker 1>as I've been saying, as we get closer to the

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<v Speaker 1>end of February and into March, we're going to start

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<v Speaker 1>to see a reversal soon to the upside. And the

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<v Speaker 1>macro backdrop matches up with this, in addition to the

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<v Speaker 1>most pro crypto government that we have in place, and

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<v Speaker 1>all the great things that are happening. And speaking of

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<v Speaker 1>the great things that are happening, guys, obviously last week

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<v Speaker 1>big news that the SEC is dropping the case against Coinbase,

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<v Speaker 1>but remember just about a week ago they said they

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<v Speaker 1>were going to pause the case of Binance. So as

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<v Speaker 1>we can see here a complete change of the SEC

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<v Speaker 1>at one to eighty from what Gary againster was doing.

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<v Speaker 1>So we got the pause in the Binance case, we

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<v Speaker 1>got the coin Base case getting wrapped up right that

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<v Speaker 1>was announced by Coinbase. Then the SEC dropped their case

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<v Speaker 1>against open cd NFT platform. Well, the SEC still has

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<v Speaker 1>cases against Crack in exchange unit Swap, which they sent

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<v Speaker 1>a Wells notice to, Robinhood, which they sent a Well's

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<v Speaker 1>notice to. So could we see these get dropped this week?

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<v Speaker 1>I think so, And I think they can't wait to

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<v Speaker 1>drop these cases because then it will seem like favoritism

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<v Speaker 1>towards Coinbase. You drop the coin Base case, but you

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<v Speaker 1>don't drop the Wells notices which are very easy to

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<v Speaker 1>drop against these other exchanges like unit Swap, robin Hood

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<v Speaker 1>and Cracking. So I expect this week, guys, honestly, that

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<v Speaker 1>we see these cases drop. And that's very good because remember,

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<v Speaker 1>specifically with kracking, many all points were named Solana, Cardano

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<v Speaker 1>and so forth, which Gary Gensler was trying to call

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<v Speaker 1>a security. So, guys, things are moving in the right

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<v Speaker 1>direction here. And I know the Bibit hack really put

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<v Speaker 1>a damper on the big news with Coinbase and open

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<v Speaker 1>Sea on Friday, but it is what it is. We'll

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<v Speaker 1>move forward from it. But I think if we get

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<v Speaker 1>more good news out of the SEC that they're dropping

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<v Speaker 1>these cases, that will be really good. Now, I know,

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<v Speaker 1>the big case that a lot of people want to

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<v Speaker 1>see wrapped up is the Ripple case, But we got

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<v Speaker 1>to be patient there. I like what attorney Jeremy Hogan said.

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<v Speaker 1>His analogy is spot on. He said, the SEC broke

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<v Speaker 1>up with Coinbase after a couple of dates. Ripple on

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<v Speaker 1>the SEC live together and have a baby, so it's

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<v Speaker 1>much more complicated. But you know, could they do something

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<v Speaker 1>where they pause things, you know, certain aspects like don't

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<v Speaker 1>file any type of appeal or anything. Sure, you know,

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<v Speaker 1>we could see that the SEC command say, hey, we're

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<v Speaker 1>not planning to do any type of appeal or do

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<v Speaker 1>this or that or whatever it may be. And that

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<v Speaker 1>will be a very good sign. It will be a

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<v Speaker 1>signal that, look, they're going to eventually wrap this up,

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<v Speaker 1>but it's gonna take some time. So let's see this week, guys.

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<v Speaker 1>We could see some very positive news, even if it's

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<v Speaker 1>just as simple as a signal as to you know,

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<v Speaker 1>they want to wrap up this stuff with Ripple, that

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<v Speaker 1>that would be very good and positive for the market.

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<v Speaker 1>The member markets are forward looking. So they just need

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<v Speaker 1>to know that, oh, this is a direction the SEC

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<v Speaker 1>is going. We know what to anticipate when you know

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<v Speaker 1>or what's going to come. So guys, keep your eyes

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<v Speaker 1>out and ears open to what the SEC may do

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<v Speaker 1>this week. And once again, if they don't make a

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<v Speaker 1>move soon with Crackett and Uniswap and Robin and they

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<v Speaker 1>will be showing favoritism to Coinbase. So I have a

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<v Speaker 1>strong feeling that they're going to come out this week

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<v Speaker 1>and drop a lot of stuff. So I'm really excited

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<v Speaker 1>about this, guys, and I'm hoping the SEC does the

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<v Speaker 1>right thing here and gets it done. I trust in

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<v Speaker 1>hester Purse and the Crypto Task Force and market it

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<v Speaker 1>as well. Of Course, the new incoming chair, Paul Atkins

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<v Speaker 1>is not in office yet, so they may hold off

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<v Speaker 1>on certain things to get wrapped up, like, for example,

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<v Speaker 1>maybe the Ripple and Binance case, which is further along

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<v Speaker 1>for Paul Atkins to come in to completely wrap those up.

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<v Speaker 1>And remember the Binance case, they just paused it, so

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<v Speaker 1>it's not like completely wrapped up. It's not like what

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<v Speaker 1>they would Coinbase an open seat, just dropping the case

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<v Speaker 1>saying that's it. It's done. Right, So even a pause

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<v Speaker 1>in some of these cases is a very good signal

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<v Speaker 1>for the markets and for everybody involved. And remember the SEC,

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<v Speaker 1>they are scaling back their crypto enforcement unit. We had

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<v Speaker 1>gotten reports early in February that some in a special

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<v Speaker 1>unit of fifty lawyers and staff had been dedicated to

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<v Speaker 1>bringing in enforcement actions are now being reassigned. And this

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<v Speaker 1>was according to a New York Times article. So things

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<v Speaker 1>are moving in the right direction. As I said at

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<v Speaker 1>the beginning, we got to be patient, be patient with

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<v Speaker 1>the market, be patient with the charge, to be patient

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<v Speaker 1>with the SEC, and all these things. Things are moving ahead.

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<v Speaker 1>People get very impatient, but things don't happen on our

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<v Speaker 1>own pace, and governman does moves though, and market cycles

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<v Speaker 1>have to play out. So guys, I am bullish on

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<v Speaker 1>the macro. Things are headed in the right direction. And

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<v Speaker 1>no invalidation that this bullmarket and all these news items,

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<v Speaker 1>all these cases getting dropped. All these things will eventually

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<v Speaker 1>be priced in and lead to higher prices and remove

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<v Speaker 1>the dark clouds of ambiguity and uncertainty around what's the

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<v Speaker 1>security and what's not. So all this bodes well. Guys.

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<v Speaker 1>Quick word from our sponsor, and that is Uphold. Uphold

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<v Speaker 1>rewards program that is amazing. Guys. You can earn up

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<v Speaker 1>to five point twenty five percent on stable coins. This

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<v Speaker 1>reward program also allows you to get twenty four hour

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<v Speaker 1>you just simply have to open the app once per month,

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<v Speaker 1>deposit fifty dollars once per month, and trade fifty dollars

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<v Speaker 1>once per month. And the stable coins you can get

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<v Speaker 1>this great yield on include USDC, r L USD and

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<v Speaker 1>PYUSD you get up to five percent and USBC you

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<v Speaker 1>get five point two five percent. So this is a

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<v Speaker 1>great rewards program and they're not doing anything fishy or shady.

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<v Speaker 1>I interviewed the CEO. We talked about where this yield

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<v Speaker 1>is coming from. So no nonsense here. It is legit

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<v Speaker 1>and they're doing it the right way. So if you'd

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<v Speaker 1>like to learn more about Uphold, check out the link

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<v Speaker 1>in the description. Okay, guys, we got news that Michael

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<v Speaker 1>Sailor's strategy used to be called micro strategy now is

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<v Speaker 1>just strategy. They're hinting at resuming bitcoin buying. So Michael

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<v Speaker 1>Sailor is going nuts, man. But that's a good sign

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<v Speaker 1>that if he's buying, he's anticipating the higher prices are coming.

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<v Speaker 1>We're seeing this from many different institutional investors, so that's

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<v Speaker 1>a good sign. Right. It's not the only signal we

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<v Speaker 1>want to follow. We want to look at the charts,

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<v Speaker 1>the on chain data, and much more. But this is

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<v Speaker 1>one of the factors, you know, are what are the

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<v Speaker 1>big institutional investors the whale is doing. So the company

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<v Speaker 1>completed its latest purchase on February tenth, acquiring seven thousand,

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<v Speaker 1>six hundred and thirty three bitcoin valued at over seven

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<v Speaker 1>hundred and forty two million dollars at the time. This

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<v Speaker 1>brought strategies total holdings still four hundred and seventy eight thousand,

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<v Speaker 1>seven hundred and forty bitcoin. That is incredible. According to

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<v Speaker 1>data from Salor trackers, strategies. Bitcoin Stash is worth over

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<v Speaker 1>forty six billion dollars at the time of writing, and

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<v Speaker 1>the company's currently up forty seven point seven percent on

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<v Speaker 1>its investment. Sailor previously disclosed that the company sow to

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<v Speaker 1>ramp up its use of intelligence leverage during Q one

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<v Speaker 1>twenty twenty five to finance more bitcoin purchases and create

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<v Speaker 1>more value for Strategy Commons shareholders as it continues to

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<v Speaker 1>be the largest corporate holder of bitcoin. Guys, I have

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<v Speaker 1>no problem with Salor or micro Strategy buying bitcoin. The

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<v Speaker 1>problem is I am worried about the amount of leverage

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<v Speaker 1>they're using. I hope it works out. I know I've

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<v Speaker 1>been saying this a lot, and some of you probably like,

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<v Speaker 1>why do you keep repeating this, And I'm just like,

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<v Speaker 1>I've seen what leverage, insane leverage can do. We go

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<v Speaker 1>back into history, right, You got to learn from history

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<v Speaker 1>so you don't repeat the same mistakes. Too much leverage

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<v Speaker 1>is not good because you never know what could happen.

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<v Speaker 1>And we know we live in a boom and bus

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<v Speaker 1>cycle and things can come and change the way the

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<v Speaker 1>economic environment is and it could be really bad. So

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<v Speaker 1>hopefully nothing bad happens, but the amount of leverage worries me,

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<v Speaker 1>but Sailor looks like he wants to keep buying. And

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<v Speaker 1>that's a good sign that you know, him and the

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<v Speaker 1>other big institutional investors are expecting higher prices. Now, this

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<v Speaker 1>news made me laugh. Sam Beg Murfreed always played both

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<v Speaker 1>sides of the out despite new Republican plea. So Beg

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<v Speaker 1>Murfreed is begging President Trump for a pardon. Bro, Why

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<v Speaker 1>the hell would anyone pardon you? You me? Come on, man,

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<v Speaker 1>I guess it doesn't hurt in trying, right, He's got

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<v Speaker 1>nothing to lose at this point. Please put President Trump

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<v Speaker 1>pardon me. I guess he saw, you know, President Trump

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<v Speaker 1>pardon Ross allbreak of silk Row. But it's a completely

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<v Speaker 1>different situation. Backmer Fried stole a whole lot of money

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<v Speaker 1>and screwed a lot of people, and he largely donated

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<v Speaker 1>to the Democrats, but he also donated to Republicans as well.

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<v Speaker 1>And we know he was in DC trying to you know,

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<v Speaker 1>lobby as much as possible while he was doing all

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<v Speaker 1>the shady nonsense in the Bahamas, has his dumb girlfriend

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<v Speaker 1>and clown friends running the exchange and losing money people

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<v Speaker 1>who had no clue on what they were doing. They

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<v Speaker 1>were not in the business of exchanges or trading a

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<v Speaker 1>much more. They were hemorrhaging funds and then they had

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<v Speaker 1>to eventually go steal the customer funds to make up

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<v Speaker 1>for it. But you guys know the story. But it's

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<v Speaker 1>funny that he's, uh, he's trying to get a pardon here, Like, no, bro,

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<v Speaker 1>you're gonna stay in prison and pay for your crimes.

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<v Speaker 1>There will be no part gardens here. But it's funny

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<v Speaker 1>that he's trying to do this. Guys, that's the news.

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<v Speaker 1>Let me know what you think. Hoping that, you know,

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<v Speaker 1>we start to see the market bound soon. I think

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<v Speaker 1>we will as we wrap up February and hopefully, you know,

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<v Speaker 1>the latter half of next week bitcoins starts to move up,

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<v Speaker 1>show some strength, and then has a strong weekly close

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<v Speaker 1>next Sunday, and we head into March, you know, with

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<v Speaker 1>some momentum. That is what I'm hoping. Doesn't mean that

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<v Speaker 1>it will happen. There's no guarantees there. I don't have

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<v Speaker 1>a crystal ball, but once again, no invalidation of the

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<v Speaker 1>bull market based on the data we have, and I'm

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<v Speaker 1>hoping we get some good news from the sec that

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<v Speaker 1>they drop more cases. So let me know what you

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<v Speaker 1>guys think. Leave your thoughts and comments below. Guys, A

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<v Speaker 1>my free email newsletter. It's one hundred percent free on

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<v Speaker 1>substack link of being a description. Check out my book

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<v Speaker 1>on Amazon. It's available in paperback in digital. You can

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<v Speaker 1>crypto knowledge, check out my new course at mycrypto course

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<v Speaker 1>your own pace and you can view the curriculum on

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<v Speaker 1>the site and take a look and see everything that's included.

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<v Speaker 1>It's packed with value videos, full text writeups, downloadable materials,

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<v Speaker 1>and much more so. If you'd like to learn more,

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<v Speaker 1>go to mycryptocurse dot com guys, thank you for watching

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<v Speaker 1>and listening. I appreciate you all, and I'll talk to

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<v Speaker 1>you all later