Speaker 1: Hey, everybody, Welcome into the Thinking Crypto Podcasts. You're home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward.
Speaker 1: On your way in. Please hit that subscribe button as
Speaker 1: well as the thumbs up button and leave a comment below.
Speaker 1: If you're listening on a podcast platform such as Spotify
Speaker 1: or Apple, please leave a five star rating and review. Folks,
Speaker 1: not too much to report on the price. We are
Speaker 1: still consolidating. We could still see further downside. But as
Speaker 1: I've been telling you guys, big One is heading to
Speaker 1: that oversoul zone and what we've seen historically, there's going
Speaker 1: to be a reversal sooner than later. So we're near
Speaker 1: the end in my opinion, because this thing is near
Speaker 1: the oversoul zone. The Daily RSI is showing that. So
Speaker 1: just hang tight and let's let the market do its
Speaker 1: thing and let the reset happen. Because we are still
Speaker 1: in a bull market and I want to share some
Speaker 1: things here that are confirming that another rally is going
Speaker 1: to follow the bottoming of the mart So Binance stable
Speaker 1: coin inflow is top one point six billion dollars, signaling
Speaker 1: traders positioning for rebound. So users of the Binance cryptocurrency
Speaker 1: Exchange deposited one point six to five billion in stable coins,
Speaker 1: a large inflow often seen as a precursor to renewed
Speaker 1: demand for spot cryptocurrencies following the recent market sell off.
Speaker 1: So whales are going to come in. They're going to
Speaker 1: buy the dips. As I said in yesterday's podcast, the
Speaker 1: sentiment's going to be reset to maybe fear or neutral
Speaker 1: of getting away from the greed. And we've seen there's
Speaker 1: been a lot of wipeout of leverage over the past
Speaker 1: few weeks. Both shorts and longs have been wiped out.
Speaker 1: So there's going to be a full reset, and I
Speaker 1: think that's going to set the table for a massive
Speaker 1: move upward. Now on chain data from Sentiment shows that
Speaker 1: bitcoin whales continue to accumulate while it's with ten or
Speaker 1: more bitcoin are on the rise, and while you have
Speaker 1: your ebbs and flows on the micro, you know, you
Speaker 1: have different folks taking profits at you know, a smaller
Speaker 1: time for the macro trend shows the majority of whales
Speaker 1: are still holding, so that's a very good sign and
Speaker 1: they are accumulating, So the trend is still up. It
Speaker 1: is not down yet. When it is down, that is
Speaker 1: when we are near that top zone, and we're gonna
Speaker 1: have to watch it closely. Here's something from the macro.
Speaker 1: Trump announced that a dividend could be dispersed to the
Speaker 1: American people from the tariff revenue. Now put your thinking
Speaker 1: gap on here. If this is gonna happen sometime in
Speaker 1: Q four, it is a top signal because retail is
Speaker 1: gonna get money to go put into the markets. Don't
Speaker 1: get me wrong, Not everybody's gonna do that. There are
Speaker 1: people who legitimately need the money. They gotta pay bills
Speaker 1: and all that, right, but you know people would access money.
Speaker 1: What they do, they're gonna put it in the markets.
Speaker 1: So giving people money when the top zone is near
Speaker 1: is a big top signal. Now, let's see if it happens. Right,
Speaker 1: this is just one factor, but if it does happen,
Speaker 1: that will be a big confirmation. So this is why
Speaker 1: on this podcast we look at everything. We look at
Speaker 1: market holistically, unchain data charts, the macro, the adoption, the
Speaker 1: institutional investments, and much more. Right, folks, we want to
Speaker 1: make sure we are as educated and informed as possible
Speaker 1: so we make the right decisions when it comes to
Speaker 1: our portfolio. All right, moving ahead, Sharplink buys fifty six thousand,
Speaker 1: five hundred and thirty three eight worth two hundred and
Speaker 1: fifty two million dollars. So Sharplink Gaming is, of course
Speaker 1: the publicly traded company that has an Etherorem treasury strategy.
Speaker 1: It's backed by Joe Lubin and the folks at the
Speaker 1: Etherum Foundation. So you were seeing massive accumulation of eth
Speaker 1: similar to what micro Strategy was doing with bitcoin. Now
Speaker 1: you got Tom Lee's firm looking to raise billions to
Speaker 1: invest in Etherorem. Just yesterday we talked about Galaxy Digital,
Speaker 1: multi Coin Capital and other firms working with Cancer Fitzgeral
Speaker 1: to raise a billion dollars to invest in Solana. So
Speaker 1: the treasury companies keep buying. Now that is a very
Speaker 1: good sign, folks, because they're anticipating higher prices. It means
Speaker 1: that the bull market's not over. Why would they be
Speaker 1: buying the top if this was the top, right, that
Speaker 1: doesn't make sense. So they're still upside here and that's
Speaker 1: why they're accumulating at a rapid pace. Now, this is
Speaker 1: very bullish news and the biggest news of the day.
Speaker 1: I often tell you guys that governments, the markets, and
Speaker 1: the economies will all run on blockchain. That is the
Speaker 1: direction that Puck is heading in. Well. Today the US
Speaker 1: Department of Commerce, headed up by Howard Lutnik, he said
Speaker 1: that the US will begin publishing economic data on blockchain. Wow,
Speaker 1: let me play the clip here for you.
Speaker 2: Two more things. The Department of Commerce is going to
Speaker 2: start issuing its statistics on the blockchain, because you are
Speaker 2: the crypto president, and we are going to put out
Speaker 2: GDP on the blockchain, so people can use the blockchain
Speaker 2: for data distribution. And then we're going to make that
Speaker 2: available to the entire government, so all of you can
Speaker 2: do it. Out all the details so we can do it, pats.
Speaker 1: Wow, there you heard it right from the horse's mouth.
Speaker 1: They're going to put GDP data on the blockchain. It
Speaker 1: will be accessible to all parts of the government and folks.
Speaker 1: I believe voting will be on the blockchain, our identities
Speaker 1: will be on the blockchain, all payments that a government
Speaker 1: will be on blockchain, and much more. This is the future, right.
Speaker 1: I often state that blockchains the next layer on top
Speaker 1: of the Internet, and it's going to change the way
Speaker 1: we transact with each other, with the government, and much more.
Speaker 1: And this is where smart contract technologies and this is
Speaker 1: where smart contract technologies come in very handy to be
Speaker 1: able to eliminate a lot of the middleman, allow us
Speaker 1: to trust and verify and have these transactions settled instantly.
Speaker 1: So incredible, folks. Again, do you see the direction to
Speaker 1: puckets heading in? That is why I've been saying I'm
Speaker 1: not just bullish on this bullmarket cycle, but the future
Speaker 1: bullmarket cycle is coming up in twenty twenty eight and
Speaker 1: into twenty thirty and much more so. Exciting times, head, folks.
Speaker 1: I am really really looking forward to seeing which blockchains
Speaker 1: they're going to use the government. That is that will
Speaker 1: be very revealing. Now, folks, quickly from our sponsor, and
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Speaker 1: the description. Now, folks, we got some very big news
Speaker 1: around Crypto dot Com and Trump Media. They have formed
Speaker 1: a massive partnership so Trump Media Group. They will build
Speaker 1: a CRO strategy, so CROs the native token of Crypto
Speaker 1: dot Com, and they're going to buy six point four
Speaker 1: two billion dollars for a RO digital strategy. Trump Media
Speaker 1: platforms plan to integrate Crypto dot COM's digital wallet, and
Speaker 1: they will also integrate the erro token on truth Social
Speaker 1: and Truth Plus platforms. This is a massive partnership and
Speaker 1: I don't hold a er token, but it's very big
Speaker 1: for Crypto dot com to have Trump Media and technology
Speaker 1: and all these things integrate their technology. It's a big
Speaker 1: win for them. And once again I don't hold the tokens.
Speaker 1: I'm not trying to prop this upbringing and I'm not
Speaker 1: saying you shouldn't invest in it. I think it could
Speaker 1: do really well with this news. I think based on
Speaker 1: the news, it's all also starting to rally, So folks,
Speaker 1: you can go read the full press release, but those
Speaker 1: are the main highlights and once again, should do real
Speaker 1: for the token and for crypto dot COM's market share,
Speaker 1: as you know, a lot there's a lot of people
Speaker 1: that follow a president Trump and use truth, social and
Speaker 1: much more. I think they're going to start investing in
Speaker 1: crypto as a result. So you're seeing all these new
Speaker 1: on ramps being built. So this is really really exciting. Now,
Speaker 1: speaking of Trump, Canary Capital has filed for a spot
Speaker 1: Trump coin ETF. Guys, I'm not a fan of this
Speaker 1: because you all know I'm not a believer in the
Speaker 1: Trump meme coin. I don't believe any president should have that, Democrat, Republican, independent, whatever,
Speaker 1: any government official actually should not have these things. But hey, look,
Speaker 1: you know, we'll see how this plays out. Hopefully people
Speaker 1: don't get wrecked. But we saw when Trump got into
Speaker 1: office the meme coin was launched, and then Milani and
Speaker 1: then Barren. Guys, just be careful, right. I can't tell
Speaker 1: you don't go invest, but I'm just saying this. This
Speaker 1: is very risky, and once again, it has nothing to
Speaker 1: do with political parties. But no politicians should have this.
Speaker 1: And I don't even know if this is going to
Speaker 1: get approved because it's you know, there's no what do
Speaker 1: you call it, futures markets and things like that. It's
Speaker 1: not like it's Salon or XRP, and you know those
Speaker 1: are in the mix right now. This could be maybe
Speaker 1: Canary doing a little bit of a PR stunt. I
Speaker 1: think we'll see, We'll see how it plays out, all right.
Speaker 1: Moving ahead, more ETF news. Bit Wise, Asset Management has
Speaker 1: filed for a Spot chain Link ETF, so the all
Speaker 1: coin spot ETF race is heating up. Just yesterday we
Speaker 1: talked about Gradescale filing to get an AVAX ETF. So
Speaker 1: you're seeing diversification and expansion and these are all you know,
Speaker 1: top twenty assets Avax, chain Link, h BAR and much more.
Speaker 1: So let's see what the SEC is able to get done.
Speaker 1: One thing, as I mentioned earlier, there needs to be
Speaker 1: a futures market. That's what the SEC is looking at.
Speaker 1: And you know we've seen that Solana and XRP futures
Speaker 1: have been launched on the CM and other platforms, and
Speaker 1: this has been the protocol so to speak, that the
Speaker 1: SEC is required you must have a futures market. I
Speaker 1: think they want to see how that's working and regulated
Speaker 1: and all the statistics there and then they make their decision.
Speaker 1: I do believe they're going to improve the XRP and solanaspodytfs.
Speaker 1: So this is very bullish. Now moving ahead, Hemi closes
Speaker 1: fifteen million dollar funding round ahead of a token launch
Speaker 1: for its Bitcoin programmability layer. So this brings their total
Speaker 1: funding to thirty million dollars. So Hemi, which describes itself
Speaker 1: as the largest programmability layer on bitcoin, has raised fifteen
Speaker 1: million dollars in fresh funding to advance development of its
Speaker 1: network that fuses bitcoin security with the theorem style smart
Speaker 1: contracts ahead of an upcoming token generation. A couple of
Speaker 1: takeaways here. You see that there are many folks trying
Speaker 1: to innovate on bitcoin to make it more programmable because
Speaker 1: it's just digital goal. In my opinion, it's hard money.
Speaker 1: It has a scarcity aspect. It is the most secure
Speaker 1: blockchain out there with the proof of work and the
Speaker 1: amount of money and all these things that are in place,
Speaker 1: but it doesn't have smart contract technology. You can't tokenize
Speaker 1: on it as you know other layer ones like Ethereum
Speaker 1: or XRP and things like that. So folks are trying
Speaker 1: to build. Will they be successful. We don't know, you know,
Speaker 1: maybe they will, We just have to wait and see.
Speaker 1: But a major takeaway is that a lot of these
Speaker 1: companies and firms are still getting capital. So if you
Speaker 1: have an idea, go pick your idea, guys, it obviously
Speaker 1: has to be a good one. Put your pitch deck together,
Speaker 1: and a lot of these vcs and hedge funds, they
Speaker 1: are giving funding because we are in the early phases
Speaker 1: of this market and acid class that people recognize the
Speaker 1: potential and they're taking their bets. So really great on
Speaker 1: multiple fronts. So the funding arrives as more developers look
Speaker 1: to bridge Bitcoin's two point one trillion dollar network to
Speaker 1: hire throughput smart contract rails without diluting its security model.
Speaker 1: Hemi's pitch is that it can deliver EVM level programmability
Speaker 1: while anchoring finality to Bitcoin, a design it argues will
Speaker 1: help unlock institutional grade applications on the world's largest blockchain.
Speaker 1: Very interesting. Speaking of bitcoin, bitcoin minor hut eight announces
Speaker 1: one point five gigawa expansion in the US. Stock rises
Speaker 1: ten percent. So bitcoin miners are doing well, you know,
Speaker 1: for the most part, they are expanding their mining more bitcoin,
Speaker 1: and obviously as bitcoin's price goes up, the more fees
Speaker 1: and revenue they're going to make. And of course some
Speaker 1: of them are publicly traded, so that should help their
Speaker 1: stock price. So according to a Tuesday announcement, the expansion
Speaker 1: is aimed at broadening the company's geographic footprint and target
Speaker 1: markets where energy demand is rising most rapidly. Hut eight
Speaker 1: shares on nasdac's sword as much as ten point five
Speaker 1: percent on Tuesday following the announcement. According to Google Finance,
Speaker 1: the company said it's current one gigawatt capacity has been
Speaker 1: ninety percent taken up. Here's a quote. By advancing more
Speaker 1: than one point five gigawatts of capacity, we position ourselves
Speaker 1: to more than double the scale of our platform and
Speaker 1: address accelerating demand across energy intensive use cases. Hut eight
Speaker 1: CEO Asher ginut set so very interesting. I do you
Speaker 1: hold some bitcoin mining stocks. I think I have Riot.
Speaker 1: I'd bought it a while ago, but I don't hold
Speaker 1: a lot. It's not like a major bag or anything.
Speaker 1: I just diversify. I have some stocks. I've had coin
Speaker 1: based stock that has worked out really well for me,
Speaker 1: and then I did test out like black Rocks Bitcoin
Speaker 1: ETF buying it on Robinhood for example. I just wanted
Speaker 1: to go through the process. So I have some but
Speaker 1: once again, not a major holding at all. The majority
Speaker 1: of my portfolio is in crypto. I am neck deep
Speaker 1: in crypto, so bullish all the way on crypto assets.
Speaker 1: Not to say stocks can do well, but we've seen
Speaker 1: crypto has outperform other acid classes stocks, real estate, precious
Speaker 1: metals and much more so, folks, things are moving ahead.
Speaker 1: Final news item here crypto exchange Gemini introduces Ether and
Speaker 1: Salona steaking and for all UK customers, So this is great.
Speaker 1: They're expanding globally. Just yesterday we talked about the XRP
Speaker 1: rewards card that they launched, where you have a credit card,
Speaker 1: it's master Card powered, you go and you spend on food, gas,
Speaker 1: whatever it is, and you earn XRP rewards. So that's
Speaker 1: really great. So they're expanding. I think they're trying to
Speaker 1: boost their competitiveness. I think for a while they weren't
Speaker 1: doing much and other exchanges kind of came and stole
Speaker 1: their market share and you know, like Coinbase and Cracking
Speaker 1: and much more. So great to see that they are expanding,
Speaker 1: and you know, I think a lot of what hurt
Speaker 1: them was the genesis and the staking earning situation. But
Speaker 1: they're all past that. It wasn't Gemini's fault. It was
Speaker 1: you know, genesis of course trading. But thank goodness, that's
Speaker 1: resolved and the customers were made whold and things are
Speaker 1: moving ahead. So folks, as I said at the beginning
Speaker 1: of the podcast, be patient. The market will bottom out
Speaker 1: and we are going to rally. We're still in the
Speaker 1: bull market. All the data points as signals, the metrics
Speaker 1: on chain data, and all these things still confirm that.
Speaker 1: A great way you can support me in the podcast
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Speaker 1: one hundred percent free. Link will being the description. Check
Speaker 1: out my book on Amazon. It's available in paperback in digital,
Speaker 1: and check out my course at mycryptocurse dot com. This
Speaker 1: is a comprehensive course that teaches you every aspect of crypto.
Speaker 1: Knowledge is power. Expand your knowledge about this acid class
Speaker 1: and technology. Once again, go to mycryptocurse dot com. All
Speaker 1: the links will be in a description. Folks, thank you
Speaker 1: so much for watching and listening. I appreciate you all
Speaker 1: and I'll talk to you all later.