Speaker 1: Well, Gary Genser pull a fast one right before he
Speaker 1: heads out of office by appealing the Ripple Lawsuits verdict
Speaker 1: and also something sneaky up his sleeve. I'll share what
Speaker 1: different attorneys are saying, and a former SEC official and
Speaker 1: I've got an XRP a ethereum price prediction I want
Speaker 1: to share with you guys, coming from some great analysts
Speaker 1: and traders. Let's get into it. Hey, everybody, welcome into
Speaker 1: the Thinking Crypto podcast. You're home for cryptocurrency news and interviews.
Speaker 1: I'm your host, Tony Edward. On your way in, Please
Speaker 1: sit that subscribe button as well as the thumbs up
Speaker 1: button and leave a comment below. If you're listening on
Speaker 1: a podcast platform such as Spotify or Apple, please leave
Speaker 1: a five star rating and review. Folks, let's quickly take
Speaker 1: a look at bitcoin. As we covered in today's live stream.
Speaker 1: Earlier today, bitcoin smashed through the key resistance of one
Speaker 1: hundred and one thousand dollars. So we're in a holding
Speaker 1: pattern here, waiting to see what its next move is
Speaker 1: going to be. I think it continues. I'm not saying
Speaker 1: it's going to be a straight lineup. We could see
Speaker 1: volatility this week before it really moves and shows some strength,
Speaker 1: and this rally continues to hire highs. So right now
Speaker 1: Bitcoin is sitting right below one hundred and two thousand dollars,
Speaker 1: so we have to be patient, and we are seeing
Speaker 1: some all coins moving now. I want to share what
Speaker 1: some analysts are saying about XRP and E theorem. First
Speaker 1: crypto Wizard says the XRP slash etherorem chart looks insane.
Speaker 1: When someone says XRP is overpriced, show them this chart
Speaker 1: comparing to ETH. It seems xrp's rally has much more
Speaker 1: room to go. Four dollars XRP is inevitable. So I
Speaker 1: think we can all agree four dollars is gonna definitely happen.
Speaker 1: But will it go higher? And I believe it will.
Speaker 1: I think you could go as high as eight to
Speaker 1: ten dollars. Some are saying higher. Here's what a legendary trader,
Speaker 1: Peter Brandt is saying. And I've had Peter on the
Speaker 1: podcast before he shared the XRP chart, and he says
Speaker 1: half masked flags should complete within six weeks, otherwise they
Speaker 1: should be viewed with great suspicion. This flag in XRP
Speaker 1: needs to rock and roll. Soon, Otherwise it will likely
Speaker 1: morph into something else to be determined. But if it completes,
Speaker 1: the market cap of five hundred billion is possible. Now
Speaker 1: at a market cap of five hundred billion, that puts
Speaker 1: XRP near nine bucks, between eight and nine bucks. So
Speaker 1: very bullish, even expert traders, people who have been trading
Speaker 1: markets forever. And Peter Brand has been doing it for
Speaker 1: a long time, guy since the seventies. As I mentioned,
Speaker 1: I interviewed him, and you just look at the data,
Speaker 1: not feelings, not emotions, not any bias, just what is
Speaker 1: the chart telling us.
Speaker 2: So expect XRP to have.
Speaker 1: Its next strong move upwards where it just rips. And
Speaker 1: I'm excited. Obviously I hold XRP, Bitcoin, etherorem and different coins.
Speaker 1: So I'm here to make money. I don't have any
Speaker 1: bitcoin maximalist nonsense view on anything. I'm looking to make
Speaker 1: as much money out of his market. And here Matthew Hyland,
Speaker 1: great Nalysts. I've shared his work before. He gave an
Speaker 1: updated ethereum chart here, and we've been waiting for ethereum
Speaker 1: to show some true breakout strength. It's still been kind
Speaker 1: of showing some weakness. But he says here ETH currently
Speaker 1: at thirty seven hundred dollars breakout target if neckline breaks
Speaker 1: would fall at seventy three hundred dollars. So that's just
Speaker 1: the breakout target. It could go higher, of course, and
Speaker 1: I think ETH can go to easily to ten thousand dollars.
Speaker 1: But all in time, this thing moves in phases. It
Speaker 1: doesn't happen overnight. But guys, I'm so excited. This is
Speaker 1: a year we're gonna make some nice returns. Obviously, it's
Speaker 1: not a guarantee, it's not a certainty, but there's a
Speaker 1: high probability. You got to look at it from a
Speaker 1: probabilistic standpoint, and I think there's a high probability we're
Speaker 1: gonna see these things. The narrative is there, the macro
Speaker 1: is lining up. I shared earlier that the DXY is
Speaker 1: breaking down. We're gonna go full risk on the stock
Speaker 1: markets ripping, so we're gonna see global liquidity rise, acid
Speaker 1: prices rise. But remember, it will hit a top, just
Speaker 1: like we saw in twenty twenty one, we saw in
Speaker 1: twenty seventeen, we saw in twenty thirteen.
Speaker 2: There will be a.
Speaker 1: Top, So you have to have a cash out plan. Guys,
Speaker 1: please keep that in mind. So guys, we get some
Speaker 1: very interesting news around the SEC versus Ripple lawsuit. As
Speaker 1: you all know Judge Torre's rule that XRP intrinsically is
Speaker 1: not a security. It all depends on what the contract is,
Speaker 1: or the scheme or whatever it may be. Because you
Speaker 1: could take anything. You can take gold, you can take bitcoin,
Speaker 1: you could take anything and package it in some sort
Speaker 1: of contract, and then that respective asset becomes a security. Well,
Speaker 1: she was saying that secondary market sales are not securities,
Speaker 1: and so on and so forth. However, she said the
Speaker 1: institutional sales are securities because there was a clear contract,
Speaker 1: and we're waiting for the SEC to really tell us
Speaker 1: if they're going to appeal. Attorney Jeremy Hogan says, I've
Speaker 1: been getting some questions about the January fifteenth SEC filing
Speaker 1: deadline in the Ripple versus SEC appeal. Don't be surprised
Speaker 1: when the SEC's brief is filed timely, and don't be dismayed.
Speaker 1: Why is he saying that because Genser will be in
Speaker 1: alle till the twentieth, will we see Gary Gainster pull
Speaker 1: a fast one and do something crazy.
Speaker 2: It's possible.
Speaker 1: I've been calling this guy a scumbag regulator for years,
Speaker 1: and there's a reason behind that. So could he do
Speaker 1: something and then run out the door. It's possible. But
Speaker 1: the silver lining is the new SEC chair is going
Speaker 1: to come in. Trump has put pro crypto people within
Speaker 1: the government, so it would get wiped out anyway, even
Speaker 1: if Gary Gainster does something. So Attorney Hogan continues saying,
Speaker 1: this is still Gary Gainster's SEC The filing on January
Speaker 1: fifteen has no effect on whether the case will be settled,
Speaker 1: I think likely, or dismissed by the new administration. An
Speaker 1: attorney is working hard on this brief as we speak,
Speaker 1: knowing that all his effort is probably for nought. And
Speaker 1: he gave a quote here, a tale told by an idiot,
Speaker 1: full of sound and fury, signifying nothing, perhaps a fitting
Speaker 1: end to the war on crypto. So, guys, even if
Speaker 1: Gary Ginster pulls a scumbag move, it will be all
Speaker 1: for nought. And you can see Paul Atkins come in
Speaker 1: wipe it out, or Trump and all these guys. Right,
Speaker 1: we know the deal what's going to happen. A much
Speaker 1: more favorable environment is coming well. Former SEC official Mark
Speaker 1: Fagel says, well said Those suggesting the SEC will not
Speaker 1: file the opening brief don't understand how the SEC operates
Speaker 1: absent the current Gary Againster led SEC reversing course and
Speaker 1: voting to drop the appeal. Why would they The staff
Speaker 1: has no choice other than to draft and file the brief.
Speaker 1: Not optional, Jeremy Hogan replied, saying the order even says
Speaker 1: absolutely no extensions will be granted. Very different than my
Speaker 1: appellate court, so requesting an extension is not an option either,
Speaker 1: Thanks Mark. So don't be surprised if scumback regulator Gary
Speaker 1: Againster pulled something shady here, but it won't have an impact.
Speaker 1: It's this is not December twenty twenty where Jay Clayton
Speaker 1: did what he did and ran out the door.
Speaker 2: This is a very different vivironment.
Speaker 1: The anti crypto army has lost gensers out of their
Speaker 1: Trump is pro crypto, Congress is pro crypto, and we
Speaker 1: got a cryptosar in a White House. We got the
Speaker 1: Treasury Secretary Scott Descent is pro crypto. I can go
Speaker 1: on and on. You guys know the deal. So very
Speaker 1: different environment. But let's see what this little scumbag regulator
Speaker 1: does before he runs out. January twentieth can come soon
Speaker 1: enough where this guy's out and we don't have to
Speaker 1: hear and look at his ugly face anymore. So I
Speaker 1: think many of us are counting the days, right guys,
Speaker 1: because you just don't know what this Wall Street rat's
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Speaker 1: link in this description. Now, guys, check this out. I'm
Speaker 1: going to play a clip for you. We have an
Speaker 1: investment advisor by the name of David Streizuki from saying
Speaker 1: that right, he's part of the Sound Planning Group. He's
Speaker 1: the CEO and an investment advisor representative. Well, he went
Speaker 1: on Fox today and gave his crypto picks and one
Speaker 1: of them was XRP. Let me play the clip for you.
Speaker 3: Another one you like is Ripple. You said it is
Speaker 3: the coin to be looking at right now. Absolutely Why okay,
Speaker 3: So Ripple actually was the second largest coin prior to
Speaker 3: the SEC's investigation of them. They did this really weird
Speaker 3: lawsuit against them, and basically the Ripple is going to
Speaker 3: be the track that everything's going to be running on
Speaker 3: in the future. So they created their own stable coin
Speaker 3: right now, okay, and Bank of America, like I said,
Speaker 3: they were doing one hundred percent of their internal transactions.
Speaker 3: They've got eighty three different patents on it, and there's
Speaker 3: some incredible stuff that's going to be coming out. So
Speaker 3: the cynics, so tell me, only put as much in
Speaker 3: this space as you're willing to lose effectively as of now,
Speaker 3: some people say it feels like it now do you
Speaker 3: agree with that? That's That's the example I have is this,
Speaker 3: don't not get involved with something. Do whatever you would
Speaker 3: do for a nice week and away with your spouse,
Speaker 3: and instead of doing that weekend, maybe put that in crypto.
Speaker 3: Here's what I'll tell you three to five years from now.
Speaker 3: You either made some real money or you just lost
Speaker 3: one weekend together.
Speaker 1: Not a big deal.
Speaker 3: I know if I could have vacation, you have application,
Speaker 3: or you maje your retirement. Well said, okay, maybe that's.
Speaker 1: Wow, so very big statements right that you have an
Speaker 1: investment advisor going on TV talk about crypto and highlighting
Speaker 1: that XRP is something that he likes and he's paying
Speaker 1: attention to, and this is going to the mainstream obviously. Now,
Speaker 1: I know some people can get triggered because he said
Speaker 1: ripple instead of XRP, but you know, you got to
Speaker 1: give these people a break. Some of them are new
Speaker 1: to crypto, so very very interesting. Like I said before,
Speaker 1: the narrative around XRP has changed significantly. I'm seeing more
Speaker 1: mainstream influencers and YouTubers and much more very bulish and
Speaker 1: XRP people I would not have expected. So the narrative
Speaker 1: is there, the bullish sentiment is there, and we could
Speaker 1: see an XRP ETF this year. So things are moving
Speaker 1: in the right direction here. And look, it's not going
Speaker 1: to be the only winner. There's gonna be other coins
Speaker 1: that are going to do well, obviously, like Swie Solana.
Speaker 2: I hold those as well.
Speaker 1: But I want to highlight the change in bullish sentiment
Speaker 1: here because it's a complete one pint eighty from what
Speaker 1: took place in twenty twenty after that lawsuit from the SEC. Now, guys,
Speaker 1: we talked about Gary Genser, scumback regulator Gary Ginster being
Speaker 1: kicked out of the SEC come January twentieth. Well, another
Speaker 1: member of Elizabeth Warren's anti crypto army was Michael Barr,
Speaker 1: and he was certainly one of her cronies at the FED. Guys,
Speaker 1: and we know they tried to unbank crypto via Operation
Speaker 1: Choke point two point zero. This is so, this is
Speaker 1: why I've been telling you guys. I spoke to people
Speaker 1: in Washington. They told me about this, about Elizabeth Warren
Speaker 1: and her cronies in all those different government agencies, and
Speaker 1: that's how that's why we saw that all out attack.
Speaker 1: It wasn't just the SEC, but it was the FDIC
Speaker 1: and others. Well, today we got news that he's stepping down,
Speaker 1: he's resigning. So you're seeing all of these anti crypto
Speaker 1: people running for the hills now, starting with Gary Genser,
Speaker 1: Michael Barr. So expect to see more, guys. And here
Speaker 1: a Senator Cynthia Lummis tweeted out the following, Michael Barr
Speaker 1: has completely failed to fulfill his duties as Vice Chair
Speaker 1: for Supervision at every turn, enabling Operation Choke point two
Speaker 1: point zero and illegally increasing his power at the cost
Speaker 1: of Wyoming's digital asset industry. So, guys, things are turning
Speaker 1: favorably for crypto. I hope you see what's happening here.
Speaker 1: This is exciting times And check this out speaking of
Speaker 1: changing of the guard here, pro crypto Pierre Poliver, if
Speaker 1: I'm saying that, right, leads polymarket odds to become Canada's
Speaker 1: next prime minister, repricing Justin Trudeau. So Justin Trudeau today resigned.
Speaker 1: Now there's a whole other aspect to this, right when
Speaker 1: you get into politics. But you got a pro crypto
Speaker 1: politician that could replace Justin Trudeau. I hope you got
Speaker 1: if you step back from a macro and see what's
Speaker 1: happening here globally with favorable regulations coming into EU from
Speaker 1: pro crypto people there now potentially in Canada, obviously here
Speaker 1: in the United States changing of the guard and a
Speaker 1: lot of these people are pro crypto. It almost seems
Speaker 1: like a bit of coordination here, right, or just the
Speaker 1: trend is going in that direction. It's pretty incredible, guys.
Speaker 1: But you know, we've been following this for years. Those
Speaker 1: of you been with me, We've been talking about this.
Speaker 1: Everybody is going to have to capitulate Wall Street, the
Speaker 1: politicians and so forth. And they're going to put the
Speaker 1: regulations in place. They're not banning it. It's here to stay.
Speaker 1: They're going to regulate it. They're going to allow more
Speaker 1: capital to come in, and of course they're going to
Speaker 1: tax it. Right, you can't escape the tax man. That's
Speaker 1: why I've been telling you guys. Have a plan, your
Speaker 1: cash out plan. Make sure you allocate some of the
Speaker 1: profits you make to pay your taxes in twenty twenty six.
Speaker 1: You don't want to get caught in that problem where
Speaker 1: you owe the government a ton of money. Right, So
Speaker 1: we got to be smart here. But guys, I wasn't
Speaker 1: kidding when I told you guys, the token economy is coming.
Speaker 1: Everything running on the blockchain markets, the economy, no more
Speaker 1: opening and closing bill of the stock market, markets open
Speaker 1: twenty four to seven, three hundred and sixty five days
Speaker 1: per year, fractionalized, truly global markets, guys, the tokenization of
Speaker 1: real estate, stocks, gold and all that. It won't happen overnight.
Speaker 1: It's coming, guys. You can see that the regulations are
Speaker 1: going to be put into place, and then all the outdated,
Speaker 1: antiquated systems the analog systems will move the blockchain. That's
Speaker 1: what's coming. Book it, it's coming. Tell your kids about it, right,
Speaker 1: they need to be prepared. And look, not everybody's gonna,
Speaker 1: you know, be very interested in this, because not everybody
Speaker 1: is interested in tech. But the investment opportunity is a
Speaker 1: once in a lifetime opportunity, guys. And remember you could say, oh,
Speaker 1: what about gold, what about stocks? All that well, in
Speaker 1: the past, unless you were part unless you were credited,
Speaker 1: or you're part of a hedge one, you didn't get
Speaker 1: the favorable shares early. Now you can. You can go
Speaker 1: buy a token as soon as it launches on mainnets, right,
Speaker 1: So it's it's pretty incredible. And what's also amazing is
Speaker 1: that you can be in any part of the world,
Speaker 1: you have internet connection, you can buy a fraction of
Speaker 1: these coins and uh, there's never been anything like that,
Speaker 1: and you have a truly hard cap supply in many
Speaker 1: of these respective coins. Never been anything like that. So
Speaker 1: that's why it's amazing. Nothing moves like this market is.
Speaker 1: It's like what billionaire Paul Tutor Jones said, Bitcoin and
Speaker 1: crypto is the fastest horse in the race. He's not
Speaker 1: saying you can't invest in gold, old real estate or stocks.
Speaker 2: Of course you can, but they don't move like this.
Speaker 2: They don't give you their returns. Guys.
Speaker 1: I know I've shared some stats like I think I
Speaker 1: spoke about it earlier in the livestream. I said about
Speaker 1: fetch dot Ai. I took a bet on fetch and
Speaker 1: render fetch dot Ai. I was up six hundred percent
Speaker 1: in just a matter of a year, and I took
Speaker 1: some profits. I didn't sell all of it because I
Speaker 1: believe the market is going to keep going up.
Speaker 2: I bought the DiPT.
Speaker 1: Actually, but can you you know what I mean, there's
Speaker 1: nothing that moves like that.
Speaker 2: And you may say, oh, what about navidio? What was sure?
Speaker 1: It is, you know, those outliers in the stock market,
Speaker 1: But when you're talking about multiple opportunities, you look at
Speaker 1: these coins. There's so many that can do really well,
Speaker 1: and even so they outperformed the stock market overall. So
Speaker 1: it's incredible and I'm thankful I'm here. I'm thankful I'm
Speaker 1: paying attention.
Speaker 2: Folks.
Speaker 1: There are billions of people who are just watching Netflix
Speaker 1: and TV and they are too lazy to come study
Speaker 1: this thing and look at the charts and read about
Speaker 1: what's happening here, and then they see the money being made,
Speaker 1: They're like, how is this happening? Well, how can I buy?
Speaker 1: And they come in the wrong time, and they unfortunately
Speaker 1: enter what's called the dumb money crowd, and that's we
Speaker 1: don't want to be the dumb money. We want to
Speaker 1: be the smart money on the side of institutions, buying
Speaker 1: the lows, buying the fear buying, the blood on the streets.
Speaker 1: Being patient, right, you have to be patient. So let's
Speaker 1: say you bought the twenty twenty two bear market bottom,
Speaker 1: even early twenty twenty three, you got to you have
Speaker 1: to wait a couple of years to get to this point.
Speaker 1: So keep that in mind. You guys, if you're here,
Speaker 1: pat yourself on the back, because not a lot of
Speaker 1: people recognize what's happening. And some of them, like I said,
Speaker 1: they think meme coins are the way, And don't get
Speaker 1: me wrong, you can make money off of meme coins,
Speaker 1: but it's the extreme riskiest aspect of the crypto market.
Speaker 1: You want to have a baseline of bigcoin and Ethereum XRP,
Speaker 1: these coins that are tried and tested and are part
Speaker 1: of actual use cases and being adopted by a trad
Speaker 1: fi and like I said, don't get me wrong, you
Speaker 1: can make money on mean coins, but very risky. It's
Speaker 1: like going to the casino, right, And oftentimes people confuse
Speaker 1: that and think that's crypto. No, it's running on blockchain,
Speaker 1: but it's not the ethos of crypto. It's not the
Speaker 1: top ten in the market, right, and how those have
Speaker 1: been performing. So, guys, I'm so happy I'm here. I
Speaker 1: count myself lucky in being here, and I'm glad I
Speaker 1: took the time to research, to learn about this, to
Speaker 1: pay attention and obviously take a bet, and that bet
Speaker 1: has paid off incredibly well. I think I've said it before.
Speaker 1: I've made more money than I ever thought I would
Speaker 1: be able to. And I don't give numbers, but I
Speaker 1: hope you understand where I'm coming from. And I've been
Speaker 1: here for multiple ble market cycles in your early cycles.
Speaker 1: Did I lose some money, of course, got you know
Speaker 1: what was doing, but I stuck with it. I kept
Speaker 1: reading and researching and learning and educating myself.
Speaker 2: Right.
Speaker 1: Financial education is so important because I realize this is
Speaker 1: the next com boom but on steroids, and I didn't
Speaker 1: want to miss it, and I wanted to make some
Speaker 1: life changing money and better my financial situation, help my
Speaker 1: family and all that jazz. So guys, incredible stuff. It's
Speaker 1: gonna be a fun year.
Speaker 2: Guys. That's the news. Let me know what you think.
Speaker 1: Leave your thoughts and comments below hit the thumbs up button.
Speaker 2: Guys.
Speaker 1: A great way you can support me is by subscribing
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Speaker 1: copy of my book, Rethinking Crypto. It's available on Amazon
Speaker 1: and paperback in digital and buy a copy for yourself,
Speaker 1: buy a few copies for your friends and family, and
Speaker 1: if you bought a copy ready, please leave a rating
Speaker 1: and review on Amazon. It will really help me out.
Speaker 2: Thank you, guys.
Speaker 1: I appreciate you all, and I'll talk to you all
Speaker 1: later