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<v Speaker 1>Hey, folks, welcome into the Thinking Crypto Podcasts, your home

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

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<v Speaker 1>on your weight In. Please let that subscribe button as well,

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<v Speaker 1>So thumbs a 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 be sure to follow in leve five star rating.

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<v Speaker 1>All right, folks, the clarityac drama continues. So we are

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<v Speaker 1>not in a good spot. But however, we're getting reports

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<v Speaker 1>that there's a glimmer of hope that this bill is

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<v Speaker 1>not one dead yet, even though the chances are very slim.

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<v Speaker 1>So we're getting reports from folks at punch Bowl News

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<v Speaker 1>that some negotiations are still going on. And even Senator Thune,

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<v Speaker 1>who's playing a big part of this, is saying the

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<v Speaker 1>fact that we are in this position it's kind of

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<v Speaker 1>a train wreck. Those were his words, so I think rightfully,

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<v Speaker 1>so it is a train wreck, right, It's a mess. However,

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<v Speaker 1>there are other bills in the Senate that have to

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<v Speaker 1>be voted on. And what we heard is from Ryan

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<v Speaker 1>Rossy from seeing his name right, he handles communications for

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<v Speaker 1>Senator Tune. So what he said is that the other

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<v Speaker 1>bills not related to clarity that if they don't get

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<v Speaker 1>this done by this week, it could spill into next week.

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<v Speaker 1>So it looks like the August recess could be pushed

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<v Speaker 1>back a bit, not entirely canceled, So that keeps the

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<v Speaker 1>door open for the Claritiact to pass. Now, I'm not

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<v Speaker 1>expecting it to completely pass the Senate. I'm just anticipating

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<v Speaker 1>a closure vote, and Senator Tuned today did not file

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<v Speaker 1>for that closure. So if these other bills are also

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<v Speaker 1>having issues, right the Save America Act, and there's some

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<v Speaker 1>other ones as well, it could push the timeline back.

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<v Speaker 1>That the Senate will still be working next week, so

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<v Speaker 1>that gives a little bit of an opening here for

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<v Speaker 1>the Claritiac. Not to mention, we got a report that

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<v Speaker 1>the White House is now engaging in talks regarding the

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<v Speaker 1>recent bipar an ethics language that was sent over to

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<v Speaker 1>President Trump and his team. So some dialogue, some momentum,

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<v Speaker 1>potentially a window opening here because of other bills are

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<v Speaker 1>getting delayed and it's going to have to spill into

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<v Speaker 1>next week. Now, again, I'm not saying the bill is

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<v Speaker 1>going to pass. The chances are very slim and there's

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<v Speaker 1>a lot of fighting going on. In fact, we got

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<v Speaker 1>reports here that a Republican Senator, Josh Hawley, who's a

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<v Speaker 1>Republican out of Montana, it looks like, if I'm not mistaken,

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<v Speaker 1>he's voting no on the Clariac and his concerns are

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<v Speaker 1>with the banking staple cooin yield items. So the banking

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<v Speaker 1>lobby is at work here, right. That's the banking cash

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<v Speaker 1>coming in. So it's not just Democrats. It's not just

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<v Speaker 1>the ethics issue. It's also the banks fighting hard. And

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<v Speaker 1>if you have some Republicans backing out, that may not

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<v Speaker 1>be good. However, like I said, there's still an opportunity here.

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<v Speaker 1>So let's see what they're able to up with. Let's

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<v Speaker 1>see if this spills over into next week, and maybe

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<v Speaker 1>we can at least get the cloture vote done. This way,

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<v Speaker 1>when they all come back in September, they can get

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<v Speaker 1>this out of the Senate. They can send it over

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<v Speaker 1>to the House for it to pass there and go

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<v Speaker 1>to President Trump for signatures. Now I know some of

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<v Speaker 1>you are already dismay, sing it's not going to happen,

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<v Speaker 1>and I'm not saying it will happen, but there's a

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<v Speaker 1>slight chance here, right, so let's see what happens. And

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<v Speaker 1>it's rough. It's rough.

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<v Speaker 2>Right.

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<v Speaker 1>We were hoping this bill would have passed already. In fact,

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<v Speaker 1>we were hoping, just like the Genius Act, it would

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<v Speaker 1>be making its way to President Trump in August right

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<v Speaker 1>to be signed into law. But unfortunately we're not there yet.

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<v Speaker 1>There are a lot of headwinds that this bill is facing.

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<v Speaker 1>And you know, it's the ethics stuff with Trump and

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<v Speaker 1>the meme coin, it's the banking lobby. They are not

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<v Speaker 1>giving up. So even if the Trump meme coin wasn't

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<v Speaker 1>an issue, the banking lobby, they're not going down without

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<v Speaker 1>a fight. Guys. Remember, they want to keep those big bonuses.

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<v Speaker 1>They already got a compromise and stingy and they're still

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<v Speaker 1>fighting there. They still want more right not to mention,

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<v Speaker 1>they're fighting DeFi as well. So the incumbents, the tried

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<v Speaker 1>to fight incumbents are not giving up without a fight.

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<v Speaker 1>And what's interesting, with the backdrop of the claritiac you

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<v Speaker 1>have Russia's President Putin has signed a law providing comprehensive

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<v Speaker 1>regulation for digital assets and rights for investors. Here's a

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<v Speaker 1>quote the legislation governs the organization accounting and Custody of

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<v Speaker 1>digital currencies and foreign digital instruments. So we've been seeing

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<v Speaker 1>their respective crypto legislation make its way through their government process,

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<v Speaker 1>and now it's been signed into law. This should be

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<v Speaker 1>happening in the United States, but unfortunately we can't get

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<v Speaker 1>out of our own way, and it's a mess. Look,

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<v Speaker 1>do I think that there will be a Claritiac pass

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<v Speaker 1>this year? Yes, I think we will get it done.

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<v Speaker 1>This year is just going to be a hard, hard

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<v Speaker 1>fight to get it to that point. And look, there's

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<v Speaker 1>a chance it may not happen, but I'm going to

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<v Speaker 1>lean on the higher probability that it does happen. Now,

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<v Speaker 1>what's interesting, the price of bitcoin is not really reacting

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<v Speaker 1>to the negative news around the Claritiac. You know, I

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<v Speaker 1>put out a newsletter right up today where I said,

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<v Speaker 1>could this already be priced in? That the market already

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<v Speaker 1>priced in that no vote would be happening in the

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<v Speaker 1>Senate and that this bill would be stalled. So we

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<v Speaker 1>still have till the end of the weekend even next

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<v Speaker 1>week for some sort of massive sell off on the

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<v Speaker 1>official notice that it's done. Right, that's a possibility or

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<v Speaker 1>as I mentioned, it could be baked in already and

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<v Speaker 1>bitcoin could slowly just chop and you go bounce between

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<v Speaker 1>the ranges then break out. And the reason why I'm

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<v Speaker 1>anticipating that is we have that bullish divergence as forming

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<v Speaker 1>on the weekly chart as we've been tracking for months now,

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<v Speaker 1>which is very good. Now, that doesn't mean the market

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<v Speaker 1>can flush one more time down and get that ultimate bottom, right,

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<v Speaker 1>but we don't know what's going to happen, so we're

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<v Speaker 1>going to have to be patient. But at least we're

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<v Speaker 1>seeing the signs of the market getting ready to turn

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<v Speaker 1>the corner. And the inverse of that is, of course

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<v Speaker 1>USDT stable coin dominance is forming a bears divergence. So

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<v Speaker 1>this is exactly what you want to see if you

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<v Speaker 1>are waiting for higher prices to come, as we had

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<v Speaker 1>later into the year and to the next year, this

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<v Speaker 1>is exactly what you want to see. Now, some good

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<v Speaker 1>news is that the SMP five hundred and the Nasdaq

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<v Speaker 1>the stock market is doing really good. So the SMP

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<v Speaker 1>five hundred hit a new all time high. The bulls

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<v Speaker 1>are in full control. Per the mac D. The RSI

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<v Speaker 1>is cooling down a bit, but it still has room

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<v Speaker 1>to run, and the NASDAC itself has broken out. It

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<v Speaker 1>looks like it's headed on that same trajectory to go

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<v Speaker 1>to new all time highs. So if the stock market

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<v Speaker 1>is ripping to new all time highs, that bodes well

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<v Speaker 1>for Bitcoin in the crypto market. So hopefully the stars

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<v Speaker 1>aligning here, maybe we get a small victory in the

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<v Speaker 1>Senate for the Clarity Act and the charts aligned here

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<v Speaker 1>and the stock market's ripping and Bitcoin has that strong rally.

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<v Speaker 1>The question is, you know, which I've been talking about

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<v Speaker 1>and covering in the newsletter as well, Do we just

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<v Speaker 1>rally up to seventy two k or so, reject from

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<v Speaker 1>the two hundred day movie average and then roll over

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<v Speaker 1>to fifty k or we are breaking through that two

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<v Speaker 1>hundred day moving average, building higher highs and higher lows,

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<v Speaker 1>not to new all time highs. We're just steer stepping

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<v Speaker 1>our way up and the bottom is officially in. That's

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<v Speaker 1>the big question, right, And again we don't have a

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<v Speaker 1>crystal ball, but we can form our thesis and look

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<v Speaker 1>at different probabilities. I'm sure many of you are looking

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<v Speaker 1>the same signals I am on Trading View and other

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<v Speaker 1>analysts as well, so I really like this bullish divergence

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<v Speaker 1>we're seeing on the weekly chart, and again the bearish

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<v Speaker 1>diversions for the USDT stable coin dominance on the weekly

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<v Speaker 1>chart as well. So all of this looks good regardless

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<v Speaker 1>of if you have one more flush down, then, like

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<v Speaker 1>I said, fingers crossed, we get some least some decent news.

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<v Speaker 1>The cloture vote for the Clarity Act, and the crypto

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<v Speaker 1>market starts to follow the stock market because we know

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<v Speaker 1>the market makers in the crypto industry and market, they

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<v Speaker 1>like to align with the stock market, which makes sense

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<v Speaker 1>because this stock market is a bigger, broader mark it

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<v Speaker 1>and the sentiment amongst investors usually follows that. So if

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<v Speaker 1>that's good, the time to get crypto going. But we

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<v Speaker 1>shall see now, folks. Quick word from our sponsor.

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<v Speaker 1>All right, folks, we've got some very big news today.

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<v Speaker 1>MasterCard launches a stable coin pilot with Borderless Xyz, testing

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<v Speaker 1>its crypto credential framework across cross border payment flows in

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<v Speaker 1>one hundred plus countries days after completing its BVNK acquisition.

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<v Speaker 1>This is huge. MasterCard, Visa, all the big payment companies

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<v Speaker 1>continue to expand and integrate blockchain tech and stable coins.

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<v Speaker 1>Many of you may have seen my interview with the

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<v Speaker 1>head of Crypto and MasterCard as well as Borderless as CEO.

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<v Speaker 1>I've had him on the pod many times. So we're

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<v Speaker 1>just seeing incredible building. Yesterday we talked about black Rock

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<v Speaker 1>expanding their tokenization efforts, bny Mellon launching cryptos taking So

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<v Speaker 1>you're seeing incredible innovation and building despite the Clarity Act

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<v Speaker 1>not being fully passed. So it will be passed eventually, obviously,

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<v Speaker 1>like I said earlier, and these guys are all getting ready.

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<v Speaker 1>They're preparing, they're building their infrastructure out, getting ready for

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<v Speaker 1>the mass adoption of this technology. And speaking of stable coins,

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<v Speaker 1>Circle names Blackrock, DTCC, MasterCard, Visa, and Standard Chartered among

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<v Speaker 1>ARC's found validators ahead of its main net launch. So

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<v Speaker 1>remember Circle. They are the issue of the USDC stable coin.

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<v Speaker 1>They launched their own blockchain called Arc and there were

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<v Speaker 1>some early buyers of the tokens, but it was I

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<v Speaker 1>think accredited investors if I'm not mistaken. But look at

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<v Speaker 1>who they have as validators. Those are some big names, man.

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<v Speaker 1>So I'll keep you guys up to date. You know

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<v Speaker 1>this is a project worth investing in. Once the token

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<v Speaker 1>is public, will see how it all pans out. I

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<v Speaker 1>have to do a bit more research, but some very

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<v Speaker 1>big names backing this blockchain, guys. And even more stable

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<v Speaker 1>coin news. Cloud Flare for those of you who are

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<v Speaker 1>in the Internet web hosting sector or know these things,

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<v Speaker 1>know how big cloud flare is right. They have launched

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<v Speaker 1>stable coin wallets for AI agents, letting autonomous software hold

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<v Speaker 1>and spend for APIs and content via x four h

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<v Speaker 1>two protocol. Wow, the infrastructure being set up for the

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<v Speaker 1>AI agentic economy and they will use stable coin payments

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<v Speaker 1>of course. This is incredible, guys. And the x four

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<v Speaker 1>h two protocol is that's from coinbase of course, so

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<v Speaker 1>this is huge, huge adoption news. This is a major

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<v Speaker 1>infrastructure item here. Now look at this yellow card raises

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<v Speaker 1>forty million dollars to link banks to stable coin processing.

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<v Speaker 1>So they're going to expand their stable coin infrastructure and

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<v Speaker 1>they're betting that banks will increasingly use blockchain technology to

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<v Speaker 1>move dollars across borders. Well, I think that BET's going

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<v Speaker 1>to pay off because we are already seeing it right, Banks,

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<v Speaker 1>stock exchanges, payment companies, credit card companies, you name it,

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<v Speaker 1>they're all getting involved. So everyone is trying to expand

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<v Speaker 1>and set up shop and create new services and solutions.

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<v Speaker 1>And the reason this is happening is because the Genius

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<v Speaker 1>Act was passed. Its law right, it was passed last summer.

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<v Speaker 1>So imagine what's going to happen when the Clarity Act passes.

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<v Speaker 1>The type of innovation we're going to see. Because the

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<v Speaker 1>Genius Act is high per focus. It's a laser focused

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<v Speaker 1>on just stable coins. The Clarity Act touches everything right,

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<v Speaker 1>the meat and potatoes of the crypto asset class and technology.

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<v Speaker 1>So I can't wait for that bill to pass. Guys,

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<v Speaker 1>the innovation and building, we're going to see, the investments,

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<v Speaker 1>the jobs are going to be created, but we need

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<v Speaker 1>the government to get it right. To get it done.

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<v Speaker 1>We got to get this done. Final news item, the

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<v Speaker 1>XRP ledger is now connected to xlr's interoperability network, enabling

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<v Speaker 1>cross chain transfers of XRP and supported assets across eighty

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<v Speaker 1>plus blockchains without separate bridge infrastructure. I don't hold the

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<v Speaker 1>XLR token. It's a great protocol, I remember interviewing one

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<v Speaker 1>of the founders. I do hold XRP, as many of

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<v Speaker 1>you know, and this is really great. We're going to

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<v Speaker 1>see interoperability amongst different assets and tokenized assets and stable

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<v Speaker 1>coins on different blockchains. So in order for these blockchain

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<v Speaker 1>rails to work together and for companies who are used

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<v Speaker 1>different blockchains to work together, you have to have interoperabilities,

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<v Speaker 1>so that infrastructure is being set up. So this is

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<v Speaker 1>really really great. So big news for both XRP and

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<v Speaker 1>even if you're an AXELR token holder. Folks, that's the news.

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<v Speaker 1>Let me know what you think. Leave your thoughts and

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<v Speaker 1>comments below, hit the thumbs up button. Subscribe if you

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<v Speaker 1>haven't as yet, be sure to support the podcast by

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<v Speaker 1>subscribing to my free email newsletter. It's on Substack. As

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<v Speaker 1>mentioned earlier, I put out a write up today, so

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<v Speaker 1>make sure you check it out. A lot of chart

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<v Speaker 1>data and information there. Grab a copy of my book.

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<v Speaker 1>It's available in paperback in digital on Amazon, and check

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<v Speaker 1>out my course at mycryptoc course dot com. This is

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<v Speaker 1>a comprehensive course that teaches you everything you need to

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<v Speaker 1>know about crypto and blockchain tech. All the links will

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<v Speaker 1>be in the description. Folks, thank you so much for

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

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<v Speaker 1>you all later