Speaker 1: Hey, everybody, welcome into the Thinking Crypto podcast. You're home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward.
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Speaker 1: we have to start with some big news coming out
Speaker 1: from President Trump related to housing and kind of bailing
Speaker 1: out the housing industry to make homes more affordable and
Speaker 1: to drop mortgage rates. Now, I know many of you
Speaker 1: are going to say, Tony, what does this have to
Speaker 1: do with crypto. Well, it's Trump's own form of QE
Speaker 1: quantitative easing. So let me give it to details and
Speaker 1: we'll talk about the implications of this. So Trump says
Speaker 1: he's instructing unnamed representatives to buy two hundred billion dollars
Speaker 1: in mortgage backed securities in a bid to narrow mortgage
Speaker 1: spreads and bring down rates. Now, if you recall just
Speaker 1: yesterday or did they be, he said he was raising
Speaker 1: the defense budget from one trillion to one point five trillion.
Speaker 1: Do you see what's happening here? Same story different cycle.
Speaker 1: Because this is the Fiat system. They have to keep
Speaker 1: raising the debts and the limits and so forth. They
Speaker 1: got to keep printing more money. So this is why
Speaker 1: I'm sharing the news with you because we know that
Speaker 1: as they continue to print and debase the currency and
Speaker 1: there's more liquidity, that will send acid prices higher. So
Speaker 1: we know the Fed is officially in the QE phase,
Speaker 1: and they talked about buying forty billion in treasury bonds
Speaker 1: and so forth. And then you got Trump doing his
Speaker 1: own thing. And this is happening before Jerome Powell leaves office.
Speaker 1: And imagine when Trump gets his pick his feed chair
Speaker 1: in office, They're going to cut rates like crazy and
Speaker 1: they're gonna print. Guys. It's the same story. And this
Speaker 1: is why you have to make sure you have a
Speaker 1: long term view on the markets. Here's what user Geiger
Speaker 1: Capital on x. Trump is launching his own QI, buying
Speaker 1: more mortgage backed securities via Fannie May and Freddie Mack.
Speaker 1: You are not bullish enough. So again, if you understand
Speaker 1: the implications of all these things, folks, it's going to
Speaker 1: have a positive impact on the asset prices. Now, in
Speaker 1: the short term, we could continue to see volatility. We
Speaker 1: all know that tomorrow we're going to hear from the
Speaker 1: Supreme Court about Trump's terrors. You know, we'll see what
Speaker 1: the impact of that is and what type of news
Speaker 1: we get and see how things play out. But I
Speaker 1: am anticipating that we are going to see a major rally.
Speaker 1: The big question is is that simply a relief rally
Speaker 1: and if we roll over to a bear market or
Speaker 1: we continue to new all time highs now, we could
Speaker 1: see a rally that corrects and then continues higher. So
Speaker 1: we're just going to have to wait and see. Honestly,
Speaker 1: I don't think anybody knows definitively what is going to
Speaker 1: happen next. If they do, please ask them for next
Speaker 1: week's winning lottery numbers. Now, Earlier in the week, we
Speaker 1: talked about Morgan Stanley filing for bigcoin Salon and etheremytis well,
Speaker 1: we got more news about their crypto plans. So they
Speaker 1: are looking to launch a crypto wallet in the second
Speaker 1: half of twenty twenty six. Folks, think about that, Morgan
Speaker 1: Stanley is launching a crypto wallet. What a time to
Speaker 1: be a lie, folks. It's incredible. All the things we've
Speaker 1: been talking about for years. It is coming to fruition.
Speaker 1: All the trad fin institutions are bending the need, they're
Speaker 1: adopting the technology. It's inevitable, right, So it's amazing what
Speaker 1: is taking place. Let me give you some details. Two
Speaker 1: years after acknowledging a paradigm shift in traditional finance, Morgan
Speaker 1: Stanley continues, it's about face on cryptocurrency. The investment banking
Speaker 1: giant plans to launch bitcoin, ether and Solana trading on
Speaker 1: its e tray platform in the first half of this year,
Speaker 1: alongside plans for a proprietary digital wallet. Here's a quote.
Speaker 1: This is really a recognition that the way that financial
Speaker 1: service infrastructure works is going to change. Jet Finn, Morgan
Speaker 1: Stanley's head of wealth management, told Barans. Over time, as
Speaker 1: our infrastructure develops, we'll be able to do more with
Speaker 1: the blending of the traditional finance or TRADFI and decentralized
Speaker 1: finance or DeFi ecosystems. There it is, folks, there, it
Speaker 1: is the convergence of DeFi and TRATFI, and we know
Speaker 1: all the assets are going on chain. Larry Fink, CEO
Speaker 1: black Rock, said, tokenization is the future of finance, and
Speaker 1: this is not just a Wall Street or US movement.
Speaker 1: This is a global movement. So it's what I've been
Speaker 1: telling you guys. The future markets, economies, and governments will
Speaker 1: all run on blockchain rails. That is where we're headed
Speaker 1: to the token economy, which I've talked a lot about
Speaker 1: over the years, folks. So I hope you recognize what's
Speaker 1: happening here and the price action, the short term price
Speaker 1: action is not blinding you from the thesis, right and
Speaker 1: having that macro outlook, because you can imagine the evaluations
Speaker 1: of these coins and blockchains are only going to continue
Speaker 1: to grow higher as more capital comes in, more building,
Speaker 1: more adoption, so on and so forth, folks. This episode
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Speaker 1: we have some very big news around the Canton network.
Speaker 1: Many of you know I've been telling you all about
Speaker 1: this project for a long time, and most recently the
Speaker 1: DTCC announced they were going to tokenize on the Canton network.
Speaker 1: Well look at this. Temple Digital Group launches twenty four
Speaker 1: to seven institutional trading built on Canton, So huge adoption.
Speaker 1: Many of you may have caught my interview with to
Speaker 1: uvaal Ruse, who is the co founder and CEO of
Speaker 1: digit Asset. That's the name of the firm. They're the
Speaker 1: ones working on the Canton network, and Canton Network is
Speaker 1: backed by major institutions like Goldman, Sachs and other Wall
Speaker 1: Street firms. So Temple Digital Group has launched a private
Speaker 1: institutional trading platform built on the Canton network, offering continuous
Speaker 1: twenty four to seven trading of digital assets using a
Speaker 1: central limit order book and non custodial market structure. According
Speaker 1: to an announcement shared on coin Telegraph on Thursday, the
Speaker 1: platform supports trading in cryptocurrencies and stable coins and is
Speaker 1: designed to allow institutions to transact with approved counterparties while
Speaker 1: maintaining privacy and regulatory oversight, with participants retaining custody of
Speaker 1: assets rather than relying on a central intermediary. Now, if
Speaker 1: you don't know Canton, they built a public blockchain that
Speaker 1: has privacy built in, so it doesn't need any third
Speaker 1: party integration z care or anything like that. It has
Speaker 1: it natively built in. So that's a differentiator. And it's
Speaker 1: built by a lot of these big firms to pay
Speaker 1: attention to. Here, guys, again, not financial advice. I'm not
Speaker 1: telling you go invest in the project. I'm just saying
Speaker 1: watch it, think about it, research it, and if you
Speaker 1: choose to invest, then you know, obviously do what you
Speaker 1: gotta do. So the system is built around a price
Speaker 1: priority central limit order book with subsecond matching, and includes
Speaker 1: execution monitoring and transaction costs analysis tools intended for institutional
Speaker 1: trading desk. The company set so the platform is live
Speaker 1: and onboarding institutional users including asset managers, market makers and
Speaker 1: financial institutions, with support for tokenized equities and commodities. Plan
Speaker 1: for twenty twenty six. Huge adoption news here. Okay, moving ahead,
Speaker 1: we got a lot of acquisition news, which is really good.
Speaker 1: It's a healthy sign. So coincheck to acquire Digital Asset
Speaker 1: Manager three IQ in a one hundred and twelve million
Speaker 1: dollars stock deal so Coincheck Group, the Nazdak listed holding
Speaker 1: company behind one of Japan's largest cryptocurrency exchanges, has a
Speaker 1: read to acquire a ninety seven percent stake in Canadian
Speaker 1: digital asset manager three IQ from its majority owner, Monis Group.
Speaker 1: The stock purchase transaction values three IQ at one hundred
Speaker 1: and eleven point eight four million dollars using Quincheck Group
Speaker 1: shares priced at four dollars each. Quincheck Group said it
Speaker 1: intends to offer these same terms to three IQ's minority shareholders,
Speaker 1: which should give it full ownership if the deal is completed.
Speaker 1: The deal is expected to close in the second quarter,
Speaker 1: subject to regulatory approvals and other customary conditions. So, folks,
Speaker 1: we're going to see more of this once the clarityac
Speaker 1: passes the Market Structure Bill, because you're going to see
Speaker 1: TRADFI try to buy crypto native firms and vice versa.
Speaker 1: So don't be surprised when you start to see major,
Speaker 1: major acquisitions and then companies start to go public doing
Speaker 1: IPOs and much more so. Incredible news. Here, here's another one,
Speaker 1: Fireblocks buys cryptocaccounting firm trests for one hundred and thirty
Speaker 1: million dollars. So it's trees from saying that right. So Fireblocks,
Speaker 1: many of you may know that brand. They're one of
Speaker 1: the top digital asset infrastructure custodial company. So digital asset
Speaker 1: infrastructure company Fireblocks has spent one hundred and thirty million
Speaker 1: dollars to acquire crypto accounting firm Trusts, tapping the company
Speaker 1: for its tax compliance infrastructure to support institutions. Fireblocks said
Speaker 1: on Wednesday that with stable coin settlements exceeding hundreds of
Speaker 1: billions monthly, the enterprise is running entire treasury flows on chain.
Speaker 1: There is a strong need for sufficient blockchain accounting protocols
Speaker 1: to remain compliant here, they said, both crypto native firms
Speaker 1: and traditional institutions need clear, accurate accounting and auditability. By
Speaker 1: offering Trusts and Fireblocks together, customers can now run both
Speaker 1: their digital asset operations and get financial intelligence they need
Speaker 1: on one secure, compliance, scalable stack, said Fireblocks CEO Michael Shaloff.
Speaker 1: I'm saying that right. So guys, we're seeing the white
Speaker 1: glove service, the data, the analytics, all the bells and
Speaker 1: whistles that exist for the tradfire industry being built for crypto,
Speaker 1: and notice it's being built for institutions right to allow
Speaker 1: more money to come in, folks. So again, make sure
Speaker 1: you have the macro view on this market. We are
Speaker 1: seeing the infrastructure being set up here to piping right.
Speaker 1: Plus you have the macro factors of liquidity and quantitative easing.
Speaker 1: You know, we started the podcast talking about Trump and
Speaker 1: what he's going to do there and the FED and
Speaker 1: much more. So all these things are going to dovetail
Speaker 1: together and drive the prices higher. But patients is the key. Now,
Speaker 1: look at this adoption news. This is big shout out
Speaker 1: to my Floridians. Florida becomes the latest state to pursue
Speaker 1: bitcoin reserve ahead of twenty twenty six session. So we
Speaker 1: saw other states already start to do this Texas, Arizona
Speaker 1: and others. And we often talk about a game theory, right,
Speaker 1: no one's going to be left behind you. They're all
Speaker 1: going to want to get on board. And you know,
Speaker 1: these states are going to look at how they can
Speaker 1: invest in crypto and the ETFs have made it very
Speaker 1: easy for them to do that. So the bill walls
Speaker 1: off bitcoin holdings in a standalone reserve, avoiding direct exposure
Speaker 1: across pensions and other state funds. Florida joins a small
Speaker 1: group of states beginning to move bitcoin policy from legislation
Speaker 1: toward early execution, albeit through different models. One by one,
Speaker 1: they're going to come on board. There may be a
Speaker 1: point where the FOMO really kicks in and they all
Speaker 1: jump in, or a handful of them jump in at
Speaker 1: the same time. But things are moving in the right
Speaker 1: direction here. Now look at this, CFTC issues no action
Speaker 1: relief clearing Bitnomial to offer event contracts. So divisions within
Speaker 1: the CFDC have given the green light for crypto focused
Speaker 1: exchange bitnomial to offer event contracts. So, you know, Mike
Speaker 1: se Leg was recently a confirm ast CFDC chair. So
Speaker 1: we're starting to see continued progress. A shout out to
Speaker 1: Caroline fam who was the acting chair, did an amazing job.
Speaker 1: And we're seeing both the SEC and the CFTC continue
Speaker 1: to provide clarity, which is really great. Now here's some
Speaker 1: good news and I'm really happy to hear this. Trump
Speaker 1: says he has no plans to pardon jailed FTX founder
Speaker 1: Sam bankmirfree. You know, there's not too many things that
Speaker 1: would get me that pissed off. But if Trump did this,
Speaker 1: I would be really pissed off and it would really
Speaker 1: really be a bad look for Trump. I mean, horrible optics. Right.
Speaker 1: But thank goodness he's not partning Sam Bank myfreed Sam
Speaker 1: Bank Murfree needs to stay in jail along with Alex Maschinski.
Speaker 1: These guys stole peoples of money and it wasn't There
Speaker 1: was no accident here. They knew what they were doing.
Speaker 1: And even though sam Bankmfree has been tweeting at Trump
Speaker 1: and trying to kiss ass as much as possible, he
Speaker 1: needs to stay in jail. So this is great. I'm
Speaker 1: really happy Trump is not doing this. Final news item,
Speaker 1: Salona Mobile to launch SKR token for a Seeker phone
Speaker 1: on January twenty first. So we've been hearing a lot
Speaker 1: of details about this SKR token and looks like we
Speaker 1: have a launch date here. This is something I'm gonna
Speaker 1: check out and see if it's worth using and check
Speaker 1: out the token as well, and we'll see how it does.
Speaker 1: You know, the phone market is very competitive, but if
Speaker 1: you're offering some sort of incentive like a token or
Speaker 1: some major differentiator on the phone, that maybe it's you know,
Speaker 1: very web three crypto friendly. You know, that could attract
Speaker 1: a lot of people, but we're gonna have to wait
Speaker 1: and see. Solana has done some phones in the past.
Speaker 1: You know, I don't think they've been as successful, but
Speaker 1: you know that doesn't mean that ultimately they can't get success.
Speaker 1: But you know, it's a hard thing to crack because
Speaker 1: the majority of the population around the world, they're not
Speaker 1: fully educated about blockchain and crypto. Some people are just
Speaker 1: scared and intimidated something it's a scam. Some are like, well,
Speaker 1: I don't care, right, But there will come a point
Speaker 1: where they will care. They will come a point where
Speaker 1: people get educated and they're gonna want to have these things.
Speaker 1: And again, if you have a token, that's a great incentive.
Speaker 1: So let me give you some details. Solana Mobile said
Speaker 1: it's highly anticipated SKR token will launch on January twenty first,
Speaker 1: with Solana Seekers smartphone users in the running to claim
Speaker 1: up to twenty percent of the token via air drop.
Speaker 1: Solana said on Wednesday that SQR would launch on January
Speaker 1: twenty first at two a m UTC time, letting users
Speaker 1: delegate your tokens to guardians who will secure the Solona
Speaker 1: network while verifying devices and curating the decentralized app store,
Speaker 1: so users will earn rewards in exchange for delegating the
Speaker 1: tokens and will also be able to access various exclusive
Speaker 1: in app features. So interesting, Let's see how it goes.
Speaker 1: I might try to get it one of these, and
Speaker 1: you know, see if I can participate and get the
Speaker 1: tokens right. You never know, guys, but I'll give you
Speaker 1: the guys the details once I do. You know, figure
Speaker 1: this out. So, folks, that's the news. Let me know
Speaker 1: what you think. Leave your thoughts and comments below hit
Speaker 1: the thumbsup button. Be sure to subscribe. If you haven't
Speaker 1: as yet, please support the podcast by subscribing to my
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Speaker 1: a copy. And if you want to expand your knowledge
Speaker 1: about crypto, be sure to check out my course at
Speaker 1: Mycrypto course dot com. This is a comprehensive course that
Speaker 1: teaches you everything you need to know about crypto. Folks,
Speaker 1: thank you so much for tuning in. I appreciate you all,
Speaker 1: and I'll talk to you all later.