Speaker 1: XRP could pump to three dollars plus this Sunday or Monday,
Speaker 1: as the sixty minutes interview with Ripples CEO Brad Garlinghouse
Speaker 1: is going to be airing and it's going to expose
Speaker 1: Gary Ginster in the corruption of the SEC. But of
Speaker 1: course a very big spotlight will be put on XRP
Speaker 1: in the crypto market, and the SEC is blocking the
Speaker 1: Salona ETF's most surprise there. I'll give you the details.
Speaker 1: Let's get into it. Hey, everybody, welcome into the Thinking
Speaker 1: Crypto podcast. You're home for cryptocurrency news and interviews. I'm
Speaker 1: your host, Tony Edward. On your way in. Please sit
Speaker 1: that subscribe button as well as the thumbsup button and
Speaker 1: leave a common below. If you're listening on a podcast
Speaker 1: platform such as Spotify or Apple, please leave a five
Speaker 1: star rating and review. Folks, Let's start by taking a
Speaker 1: look at the price of bitcoin. Right now, bigcoin is
Speaker 1: sitting comfortably above one hundred thousand dollars, very good sign. However,
Speaker 1: yesterday we had that flash crash and bitcoin rebounded to
Speaker 1: over a undred thousand, so this could be a dead
Speaker 1: cat bounce. So we have to be careful here because
Speaker 1: I want to give you the bear scenario, and that
Speaker 1: is Bitcoin could roll over and test support levels. Now
Speaker 1: that doesn't mean the bullmarket's over, it's just from the
Speaker 1: micro view, a bitcoin could do these things. These things
Speaker 1: are normal in a bull market, and it could test
Speaker 1: the ninety three K eighty AK whatever it is before
Speaker 1: moving up to higher prices, So be prepared for that.
Speaker 1: I'm letting you know about these scenarios so that you're
Speaker 1: mentally prepared, especially if the market turns over, because these
Speaker 1: things many times can shake people out because they don't
Speaker 1: understand market cycles. They don't understand the volatility in this market,
Speaker 1: and you have to learn to embrace the volatility because
Speaker 1: that same volatility that pumps us very high takes us low,
Speaker 1: but it gives us opportunities to buy and do all
Speaker 1: the cost average in and of course get the massive
Speaker 1: gains when it swings back the other way. So you
Speaker 1: have to keep these things in the back of your
Speaker 1: mind to navigate the waters here in this bull market.
Speaker 1: But I'm definitely expecting higher prices this month. So bitcoin
Speaker 1: could test some support levels in the short term a week,
Speaker 1: a couple of weeks, and then by Christmas it's going nuts, right,
Speaker 1: So just be prepared for all these different things. Now,
Speaker 1: something that's very bullish for the entire all coin market
Speaker 1: is Etheroreum is back over four thousand. This is a
Speaker 1: very good sign. Etheroreum has been a laggard this bull
Speaker 1: market cycle. But as I always tell you guys, the
Speaker 1: liquidity flows through the market. Every dog has its day
Speaker 1: in this bull market, and the liquidity hits different all coins.
Speaker 1: That's why they don't all pump at the same time.
Speaker 1: You know, over the past few weeks we saw those
Speaker 1: coin cardono XRP pumped at different times. So Etherereum is
Speaker 1: going to have its day. It's on the move and
Speaker 1: I think it could break its old all time high
Speaker 1: this month. And once it does that, it's going to
Speaker 1: enter into price discovery, just like we saw for the
Speaker 1: other all coins and even bitcoin. So eth let's keep
Speaker 1: a close eye on it and remember that many different
Speaker 1: all coins are built on the Ethereum blockchain, as ERC
Speaker 1: twenty tokens and more so, very very bullish for the
Speaker 1: all coin market. And here a blockchain backer who's a
Speaker 1: great and list highlighted the total all coin market cap,
Speaker 1: which has broken the old all time high which was
Speaker 1: set in twenty twenty one. So the entire all coin
Speaker 1: market is on the rise. Guys, very beautiful. I love
Speaker 1: what is happening here. Exciting times, exciting times. So even
Speaker 1: if you don't hold bitcoin, you want bitcoin to do
Speaker 1: as well as possible because a lot of liquidity comes
Speaker 1: through Bitcoin and then it rotates down to the all coins.
Speaker 1: So things are looking really good. Things are on track.
Speaker 1: And today Tether minted two billion in USDT. Yesterday I
Speaker 1: told you guys about the one billion that was minted,
Speaker 1: so you see what's happening here. The stable coin liquidity
Speaker 1: continues to increase, That liquidity will be going into the market.
Speaker 1: This is why we look at charts, we look at
Speaker 1: on chain metrics, we look at stable coin liquidity. We're
Speaker 1: not here to make up fairy tales and nonsense. We're
Speaker 1: looking at data and the different fundamentals to tell us
Speaker 1: where we're at and where we're going. So expect this
Speaker 1: two billion to enter the market pretty soon now, guys.
Speaker 1: Ripple CEO Brad garling House highlighted that his interview with
Speaker 1: sixty Minutes, we'll be airing this Sunday, December eighth. This
Speaker 1: is very big and if folks at sixty Minutes started
Speaker 1: posting clips on Twitter as well as YouTube on their
Speaker 1: YouTube channel highlighting some of the things that were being
Speaker 1: discussed in that interview. And in one of the clips
Speaker 1: they showed, Brad garling House pretty much is exposing Elizabeth
Speaker 1: Warren and Gary Ginster talking about their attack against the
Speaker 1: crypto industry and the reason the crypto industry had to
Speaker 1: come together and raise so much money in this election
Speaker 1: cycle they were the biggest spender was because of that attack.
Speaker 1: Now that's very bad for Elizabeth Warren and Gary Gainster
Speaker 1: because this is a mainstream platform. On the other side
Speaker 1: of the token, it's very good for XRP. This gives
Speaker 1: visibility to XRP to the masses. This is not necessary
Speaker 1: for you and I. We know XRP, we know the
Speaker 1: crypto market, we know what to do, but there are
Speaker 1: many people who don't know yet. They're hearing things and
Speaker 1: they're thinking about investing. So this is very bullish for
Speaker 1: the token itself because it's mass awareness. So could we
Speaker 1: see a comes Sunday even into Monday following the airing
Speaker 1: of this interview. It's possible. And XRP on the charts
Speaker 1: is looking like it's ready to blast through three dollars,
Speaker 1: so get ready, guys. Very good for XRP, Very good
Speaker 1: for the crypto industry with Brad exposing Gary Ginster and
Speaker 1: the sec. Really really big stuff here now, folks. A
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Speaker 1: moving ahead, we got news here that SEC commissioner who's
Speaker 1: a Democrat, Caroline Crenshaw, she's up for renomination and there's
Speaker 1: gonna be a vote now. Even if she does get
Speaker 1: selected again, she's outnumbered because you're gonna have Paul Atkins
Speaker 1: coming in, who's a Republican siding with Marky Wada and
Speaker 1: has the purse. So the dynamic is gonna flip. However,
Speaker 1: I'm not a fan of Crenshaw because she was anti crypto,
Speaker 1: just like Gary Genser. She actually signed a letter, you know,
Speaker 1: trying to block the Bitcoin spot ETFs, even after the
Speaker 1: courts called the SEC arbitrary and capricious. James sayfer to
Speaker 1: Bloomberg highlighted this. He said, she wasn't just an ally
Speaker 1: to Gainser. In my opinion, she was more vehemently anti
Speaker 1: crypto Thangainser. Just read through her sent letter on the
Speaker 1: Bitcoin ETF approvals back in January. The other Democrat commissioner, Lizarraga,
Speaker 1: didn't even join her in that letter. So Lizarraga is
Speaker 1: on his way out. But Crenshaw is anti crypto, so
Speaker 1: I hope she does not get renominated. I hope she
Speaker 1: gets kicked out and at least we get someone who's
Speaker 1: more pro crypto on the Democrat side, because we do
Speaker 1: see more pro crypto activity from Democrats. But Crenshaw is
Speaker 1: against her. She should be kicked out as well. We
Speaker 1: know against her is out. But even if she does
Speaker 1: get renominated, she's out numbered, so that's a good thing. Now.
Speaker 1: Eleanor turretta Fox Business is reporting that she's confirmed that
Speaker 1: the SEC has notified at least two of the five
Speaker 1: prospective issuers that it will reject their nineteen B four
Speaker 1: filings for the Salona Spot ETFs. She said, the consensus here,
Speaker 1: I'm told, is that the SEC won't entertain any new
Speaker 1: crypto ETFs under the current administration. Now we know they
Speaker 1: don't want to prove this right. But however, the Gary
Speaker 1: Againster's tenures coming up, it's the end of the year,
Speaker 1: there's going to be change. So from a procedural standpoint,
Speaker 1: it makes sense not to do anything. But we know, guys,
Speaker 1: we know they don't want to approve anything else. And
Speaker 1: it took the courts to get them to prove the
Speaker 1: Big Coins BOTYTF. It took threats of lawsuits from Consensus
Speaker 1: and others to get the etherorem ETFs approved. So Gary
Speaker 1: Gainser's a scumback regulator. So this comes as no surprise.
Speaker 1: But there will be no other et aps until I
Speaker 1: think next year when Paul Atkins is in office. Any
Speaker 1: sec makes a pivot here. Now, the other news that's
Speaker 1: been circulating around guys is that Coinbase released their Operation
Speaker 1: Choke point two point zero letters, and Paul Growoll Coinbase
Speaker 1: said this is not a conspiracy theory. So a lot
Speaker 1: of people are coming out and saying, hey, we got
Speaker 1: blocked by different banks and they were told to stop
Speaker 1: business with us, and we know that's Elizabeth Warren. She
Speaker 1: and her cronies made the call to do that to
Speaker 1: unbank crypto, to try to stifol it and kill it
Speaker 1: as much as possible. Right, they needs at least not
Speaker 1: the technology, because the technology is here to stay, and
Speaker 1: that's why Wall Street came in launched Your et aps
Speaker 1: are tokenizing it much more. So. I'm glad that all
Speaker 1: this information is coming out. It's exposing Gainst her, it's
Speaker 1: exposing Warren in her anti crypto army. Paul Griwall said,
Speaker 1: the letters that show Operation choke point two point zero
Speaker 1: wasn't just some crypto conspiracy theory. FDIC is still hiding
Speaker 1: behind way over broad reactions and they still haven't produced
Speaker 1: more than a fraction of them, but we finally got
Speaker 1: the pause letters. I'm very proud of the team for
Speaker 1: pursuing the Foyer request through the endless FDIC denials, appeals
Speaker 1: and even a federal lawsuit. We're just getting started. We'll
Speaker 1: keep pushing to get clarity and full transparency from the government,
Speaker 1: including the unredacted versions of these letters, by every appropriate
Speaker 1: and beings necessary. So guys, we know it was the
Speaker 1: all out attack and this was all Elizabeth Warren. But
Speaker 1: all that's going to be cleaned up now with Trump
Speaker 1: coming in. He's appointing pro crypto people, obviously SEC Chair
Speaker 1: Paul Atkins pro crypto, even Scott Descent Head of the Treasury,
Speaker 1: He's said pro crypto things. And then yesterday Donald Trump
Speaker 1: announced his White House crypto and AI czar, who is
Speaker 1: David Sachs, who owns Crypto. In fact, David is a
Speaker 1: big Salona investor, bitcoin investor, and things are going to change.
Speaker 1: But you're seeing a bit of the fallout here and
Speaker 1: the details are coming out now. There was even a
Speaker 1: hearing Congressional hearing this week which Patrick McHenry and others
Speaker 1: highlighting the banking of crypto, which is Operation Choke point
Speaker 1: two point zero. And I actually cover this in my book. Guys,
Speaker 1: so you know, get the book for yourself and your
Speaker 1: friends and family, give it as a gift to them
Speaker 1: this holiday season. And the book talks about Crypto's past president, future,
Speaker 1: talks about the SEC lawsuit against Ripple, It talks about
Speaker 1: Operation Choke point two point zero and Elizabeth Warren and
Speaker 1: her nonsense. People should know these things, you know, what
Speaker 1: has been happening, because they usually just read headlines and
Speaker 1: they don't realize what Sam Beckman free was doing, what
Speaker 1: he was doing with Gary Gincer and why he was
Speaker 1: in crypto right, and the industry has grown from that.
Speaker 1: So help them to learn about cryptos that they don't
Speaker 1: get wrecked. And if you bought a copy already, guys,
Speaker 1: please leave a rating and review on Amazon. It helped
Speaker 1: me out. And I also be sure to sign up
Speaker 1: for my free email newsletter. It's one hundred percent free
Speaker 1: on substack link will be in a description. Thank you
Speaker 1: guys for watching and listening and I appreciate you all,
Speaker 1: and i'll talk to you all later