WEBVTT

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<v Speaker 1>XRP could pump to three dollars plus this Sunday or Monday,

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<v Speaker 1>as the sixty minutes interview with Ripples CEO Brad Garlinghouse

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<v Speaker 1>is going to be airing and it's going to expose

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<v Speaker 1>Gary Ginster in the corruption of the SEC. But of

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<v Speaker 1>course a very big spotlight will be put on XRP

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<v Speaker 1>in the crypto market, and the SEC is blocking the

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<v Speaker 1>Salona ETF's most surprise there. I'll give you the details.

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<v Speaker 1>Let's get into it. Hey, everybody, welcome into the Thinking

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<v Speaker 1>Crypto podcast. You're home for cryptocurrency news and interviews. I'm

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<v Speaker 1>your host, Tony Edward. On your way in. Please sit

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<v Speaker 1>that subscribe button as well as the thumbsup button and

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<v Speaker 1>leave a common below. If you're listening on a podcast

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<v Speaker 1>platform such as Spotify or Apple, please leave a five

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<v Speaker 1>star rating and review. Folks, Let's start by taking a

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<v Speaker 1>look at the price of bitcoin. Right now, bigcoin is

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<v Speaker 1>sitting comfortably above one hundred thousand dollars, very good sign. However,

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<v Speaker 1>yesterday we had that flash crash and bitcoin rebounded to

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<v Speaker 1>over a undred thousand, so this could be a dead

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<v Speaker 1>cat bounce. So we have to be careful here because

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<v Speaker 1>I want to give you the bear scenario, and that

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<v Speaker 1>is Bitcoin could roll over and test support levels. Now

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<v Speaker 1>that doesn't mean the bullmarket's over, it's just from the

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<v Speaker 1>micro view, a bitcoin could do these things. These things

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<v Speaker 1>are normal in a bull market, and it could test

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<v Speaker 1>the ninety three K eighty AK whatever it is before

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<v Speaker 1>moving up to higher prices, So be prepared for that.

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<v Speaker 1>I'm letting you know about these scenarios so that you're

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<v Speaker 1>mentally prepared, especially if the market turns over, because these

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<v Speaker 1>things many times can shake people out because they don't

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<v Speaker 1>understand market cycles. They don't understand the volatility in this market,

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<v Speaker 1>and you have to learn to embrace the volatility because

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<v Speaker 1>that same volatility that pumps us very high takes us low,

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<v Speaker 1>but it gives us opportunities to buy and do all

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<v Speaker 1>the cost average in and of course get the massive

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<v Speaker 1>gains when it swings back the other way. So you

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<v Speaker 1>have to keep these things in the back of your

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<v Speaker 1>mind to navigate the waters here in this bull market.

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<v Speaker 1>But I'm definitely expecting higher prices this month. So bitcoin

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<v Speaker 1>could test some support levels in the short term a week,

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<v Speaker 1>a couple of weeks, and then by Christmas it's going nuts, right,

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<v Speaker 1>So just be prepared for all these different things. Now,

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<v Speaker 1>something that's very bullish for the entire all coin market

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<v Speaker 1>is Etheroreum is back over four thousand. This is a

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<v Speaker 1>very good sign. Etheroreum has been a laggard this bull

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<v Speaker 1>market cycle. But as I always tell you guys, the

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<v Speaker 1>liquidity flows through the market. Every dog has its day

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<v Speaker 1>in this bull market, and the liquidity hits different all coins.

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<v Speaker 1>That's why they don't all pump at the same time.

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<v Speaker 1>You know, over the past few weeks we saw those

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<v Speaker 1>coin cardono XRP pumped at different times. So Etherereum is

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<v Speaker 1>going to have its day. It's on the move and

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<v Speaker 1>I think it could break its old all time high

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<v Speaker 1>this month. And once it does that, it's going to

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<v Speaker 1>enter into price discovery, just like we saw for the

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<v Speaker 1>other all coins and even bitcoin. So eth let's keep

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<v Speaker 1>a close eye on it and remember that many different

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<v Speaker 1>all coins are built on the Ethereum blockchain, as ERC

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<v Speaker 1>twenty tokens and more so, very very bullish for the

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<v Speaker 1>all coin market. And here a blockchain backer who's a

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<v Speaker 1>great and list highlighted the total all coin market cap,

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<v Speaker 1>which has broken the old all time high which was

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<v Speaker 1>set in twenty twenty one. So the entire all coin

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<v Speaker 1>market is on the rise. Guys, very beautiful. I love

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<v Speaker 1>what is happening here. Exciting times, exciting times. So even

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<v Speaker 1>if you don't hold bitcoin, you want bitcoin to do

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<v Speaker 1>as well as possible because a lot of liquidity comes

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<v Speaker 1>through Bitcoin and then it rotates down to the all coins.

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<v Speaker 1>So things are looking really good. Things are on track.

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<v Speaker 1>And today Tether minted two billion in USDT. Yesterday I

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<v Speaker 1>told you guys about the one billion that was minted,

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<v Speaker 1>so you see what's happening here. The stable coin liquidity

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<v Speaker 1>continues to increase, That liquidity will be going into the market.

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<v Speaker 1>This is why we look at charts, we look at

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<v Speaker 1>on chain metrics, we look at stable coin liquidity. We're

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<v Speaker 1>not here to make up fairy tales and nonsense. We're

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<v Speaker 1>looking at data and the different fundamentals to tell us

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<v Speaker 1>where we're at and where we're going. So expect this

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<v Speaker 1>two billion to enter the market pretty soon now, guys.

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<v Speaker 1>Ripple CEO Brad garling House highlighted that his interview with

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<v Speaker 1>sixty Minutes, we'll be airing this Sunday, December eighth. This

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<v Speaker 1>is very big and if folks at sixty Minutes started

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<v Speaker 1>posting clips on Twitter as well as YouTube on their

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<v Speaker 1>YouTube channel highlighting some of the things that were being

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<v Speaker 1>discussed in that interview. And in one of the clips

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<v Speaker 1>they showed, Brad garling House pretty much is exposing Elizabeth

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<v Speaker 1>Warren and Gary Ginster talking about their attack against the

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<v Speaker 1>crypto industry and the reason the crypto industry had to

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<v Speaker 1>come together and raise so much money in this election

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<v Speaker 1>cycle they were the biggest spender was because of that attack.

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<v Speaker 1>Now that's very bad for Elizabeth Warren and Gary Gainster

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<v Speaker 1>because this is a mainstream platform. On the other side

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<v Speaker 1>of the token, it's very good for XRP. This gives

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<v Speaker 1>visibility to XRP to the masses. This is not necessary

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<v Speaker 1>for you and I. We know XRP, we know the

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<v Speaker 1>crypto market, we know what to do, but there are

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<v Speaker 1>many people who don't know yet. They're hearing things and

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<v Speaker 1>they're thinking about investing. So this is very bullish for

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<v Speaker 1>the token itself because it's mass awareness. So could we

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<v Speaker 1>see a comes Sunday even into Monday following the airing

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<v Speaker 1>of this interview. It's possible. And XRP on the charts

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<v Speaker 1>is looking like it's ready to blast through three dollars,

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<v Speaker 1>so get ready, guys. Very good for XRP, Very good

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<v Speaker 1>for the crypto industry with Brad exposing Gary Ginster and

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<v Speaker 1>the sec. Really really big stuff here now, folks. A

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<v Speaker 1>great place where you can buy XRP, Bitcoin and other

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<v Speaker 1>all coins is on Uphold. It's a platform I've been

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<v Speaker 1>using since twenty eighteen. They have three hundred plus cryptocurrencies.

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<v Speaker 1>They're available in over one hundred and fifty countries. They

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<v Speaker 1>have precious metals and many different fiat currencies. You can

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<v Speaker 1>easily swap between crypto gold and fiat It's that easy.

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<v Speaker 1>This platform is really unique, and as mentioned, I've been

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<v Speaker 1>using them for years. They're safe, they're reliable, they're easy

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<v Speaker 1>to use, and folks, they are fully reserved so they

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<v Speaker 1>don't com mingle or lend out your crypto funds. You

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<v Speaker 1>can review their transparency reports and they have a great

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<v Speaker 1>feature called us the Interest Accounts where you can park

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<v Speaker 1>your dry powder or your crypto profits and earned four

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<v Speaker 1>point sixty five percent apy. There are no lock ups,

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<v Speaker 1>there are no monthly fees, and it's FDIC insured just

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<v Speaker 1>like a bank. So if you'd like to learn more

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<v Speaker 1>about Uphold. Visit the link in the description. All Right, guys,

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<v Speaker 1>moving ahead, we got news here that SEC commissioner who's

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<v Speaker 1>a Democrat, Caroline Crenshaw, she's up for renomination and there's

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<v Speaker 1>gonna be a vote now. Even if she does get

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<v Speaker 1>selected again, she's outnumbered because you're gonna have Paul Atkins

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<v Speaker 1>coming in, who's a Republican siding with Marky Wada and

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<v Speaker 1>has the purse. So the dynamic is gonna flip. However,

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<v Speaker 1>I'm not a fan of Crenshaw because she was anti crypto,

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<v Speaker 1>just like Gary Genser. She actually signed a letter, you know,

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<v Speaker 1>trying to block the Bitcoin spot ETFs, even after the

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<v Speaker 1>courts called the SEC arbitrary and capricious. James sayfer to

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<v Speaker 1>Bloomberg highlighted this. He said, she wasn't just an ally

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<v Speaker 1>to Gainser. In my opinion, she was more vehemently anti

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<v Speaker 1>crypto Thangainser. Just read through her sent letter on the

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<v Speaker 1>Bitcoin ETF approvals back in January. The other Democrat commissioner, Lizarraga,

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<v Speaker 1>didn't even join her in that letter. So Lizarraga is

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<v Speaker 1>on his way out. But Crenshaw is anti crypto, so

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<v Speaker 1>I hope she does not get renominated. I hope she

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<v Speaker 1>gets kicked out and at least we get someone who's

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<v Speaker 1>more pro crypto on the Democrat side, because we do

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<v Speaker 1>see more pro crypto activity from Democrats. But Crenshaw is

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<v Speaker 1>against her. She should be kicked out as well. We

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<v Speaker 1>know against her is out. But even if she does

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<v Speaker 1>get renominated, she's out numbered, so that's a good thing. Now.

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<v Speaker 1>Eleanor turretta Fox Business is reporting that she's confirmed that

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<v Speaker 1>the SEC has notified at least two of the five

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<v Speaker 1>prospective issuers that it will reject their nineteen B four

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<v Speaker 1>filings for the Salona Spot ETFs. She said, the consensus here,

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<v Speaker 1>I'm told, is that the SEC won't entertain any new

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<v Speaker 1>crypto ETFs under the current administration. Now we know they

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<v Speaker 1>don't want to prove this right. But however, the Gary

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<v Speaker 1>Againster's tenures coming up, it's the end of the year,

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<v Speaker 1>there's going to be change. So from a procedural standpoint,

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<v Speaker 1>it makes sense not to do anything. But we know, guys,

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<v Speaker 1>we know they don't want to approve anything else. And

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<v Speaker 1>it took the courts to get them to prove the

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<v Speaker 1>Big Coins BOTYTF. It took threats of lawsuits from Consensus

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<v Speaker 1>and others to get the etherorem ETFs approved. So Gary

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<v Speaker 1>Gainser's a scumback regulator. So this comes as no surprise.

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<v Speaker 1>But there will be no other et aps until I

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<v Speaker 1>think next year when Paul Atkins is in office. Any

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<v Speaker 1>sec makes a pivot here. Now, the other news that's

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<v Speaker 1>been circulating around guys is that Coinbase released their Operation

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<v Speaker 1>Choke point two point zero letters, and Paul Growoll Coinbase

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<v Speaker 1>said this is not a conspiracy theory. So a lot

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<v Speaker 1>of people are coming out and saying, hey, we got

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<v Speaker 1>blocked by different banks and they were told to stop

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<v Speaker 1>business with us, and we know that's Elizabeth Warren. She

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<v Speaker 1>and her cronies made the call to do that to

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<v Speaker 1>unbank crypto, to try to stifol it and kill it

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<v Speaker 1>as much as possible. Right, they needs at least not

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<v Speaker 1>the technology, because the technology is here to stay, and

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<v Speaker 1>that's why Wall Street came in launched Your et aps

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<v Speaker 1>are tokenizing it much more. So. I'm glad that all

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<v Speaker 1>this information is coming out. It's exposing Gainst her, it's

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<v Speaker 1>exposing Warren in her anti crypto army. Paul Griwall said,

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<v Speaker 1>the letters that show Operation choke point two point zero

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<v Speaker 1>wasn't just some crypto conspiracy theory. FDIC is still hiding

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<v Speaker 1>behind way over broad reactions and they still haven't produced

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<v Speaker 1>more than a fraction of them, but we finally got

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<v Speaker 1>the pause letters. I'm very proud of the team for

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<v Speaker 1>pursuing the Foyer request through the endless FDIC denials, appeals

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<v Speaker 1>and even a federal lawsuit. We're just getting started. We'll

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<v Speaker 1>keep pushing to get clarity and full transparency from the government,

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<v Speaker 1>including the unredacted versions of these letters, by every appropriate

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<v Speaker 1>and beings necessary. So guys, we know it was the

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<v Speaker 1>all out attack and this was all Elizabeth Warren. But

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<v Speaker 1>all that's going to be cleaned up now with Trump

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<v Speaker 1>coming in. He's appointing pro crypto people, obviously SEC Chair

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<v Speaker 1>Paul Atkins pro crypto, even Scott Descent Head of the Treasury,

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<v Speaker 1>He's said pro crypto things. And then yesterday Donald Trump

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<v Speaker 1>announced his White House crypto and AI czar, who is

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<v Speaker 1>David Sachs, who owns Crypto. In fact, David is a

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<v Speaker 1>big Salona investor, bitcoin investor, and things are going to change.

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<v Speaker 1>But you're seeing a bit of the fallout here and

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<v Speaker 1>the details are coming out now. There was even a

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<v Speaker 1>hearing Congressional hearing this week which Patrick McHenry and others

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<v Speaker 1>highlighting the banking of crypto, which is Operation Choke point

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<v Speaker 1>two point zero. And I actually cover this in my book. Guys,

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<v Speaker 1>so you know, get the book for yourself and your

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<v Speaker 1>friends and family, give it as a gift to them

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<v Speaker 1>this holiday season. And the book talks about Crypto's past president, future,

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<v Speaker 1>talks about the SEC lawsuit against Ripple, It talks about

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<v Speaker 1>Operation Choke point two point zero and Elizabeth Warren and

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<v Speaker 1>her nonsense. People should know these things, you know, what

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<v Speaker 1>has been happening, because they usually just read headlines and

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<v Speaker 1>they don't realize what Sam Beckman free was doing, what

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<v Speaker 1>he was doing with Gary Gincer and why he was

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<v Speaker 1>in crypto right, and the industry has grown from that.

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<v Speaker 1>So help them to learn about cryptos that they don't

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<v Speaker 1>get wrecked. And if you bought a copy already, guys,

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<v Speaker 1>please leave a rating and review on Amazon. It helped

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<v Speaker 1>me out. And I also be sure to sign up

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<v Speaker 1>for my free email newsletter. It's one hundred percent free

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<v Speaker 1>on substack link will be in a description. Thank you

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<v Speaker 1>guys for watching and listening and I appreciate you all,

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<v Speaker 1>and i'll talk to you all later