WEBVTT

1
00:00:05.000 --> 00:00:08.679
<v Speaker 1>Hey everyone, welcome into the Thinking Crypto podcast. You're home

2
00:00:08.759 --> 00:00:12.480
<v Speaker 1>for cryptocurrency news and interviews. I'm your host, Tony Edward.

3
00:00:12.720 --> 00:00:15.080
<v Speaker 1>On your way in. Please hit that subscribe button as

4
00:00:15.080 --> 00:00:17.359
<v Speaker 1>well as a thumbs up button and leave a common blow.

5
00:00:17.600 --> 00:00:20.199
<v Speaker 1>If you're listening on a podcast platform such as Spotify

6
00:00:20.320 --> 00:00:24.000
<v Speaker 1>or Apple, please leave a five star reading and review. Okay, folks,

7
00:00:24.039 --> 00:00:27.640
<v Speaker 1>could Bitcoin this coming week break eighty thousand dollars and

8
00:00:27.679 --> 00:00:30.960
<v Speaker 1>potentially go to eighty five thousand dollars. Well, there's certainly

9
00:00:30.960 --> 00:00:34.479
<v Speaker 1>a probability. Obviously, it's not guaranteed. We're looking at the charts,

10
00:00:34.520 --> 00:00:36.280
<v Speaker 1>we're looking at the data points of the metrics and

11
00:00:36.320 --> 00:00:38.159
<v Speaker 1>so on and so forth. So right now at the

12
00:00:38.159 --> 00:00:41.039
<v Speaker 1>time of recording, Bitcoin at seventy seven, five hundred and

13
00:00:41.079 --> 00:00:43.880
<v Speaker 1>eighty nine dollars on the daily chart. The mac d's

14
00:00:43.960 --> 00:00:46.719
<v Speaker 1>losing some momentum, you know, we're starting to see a

15
00:00:46.799 --> 00:00:50.240
<v Speaker 1>move towards a bearish cross, but it's not confirmed as yet.

16
00:00:50.600 --> 00:00:54.159
<v Speaker 1>And Bitcoin, even though the RSI is not in the

17
00:00:54.280 --> 00:00:57.679
<v Speaker 1>over bought zone, it is approaching it. So there could

18
00:00:57.759 --> 00:00:59.960
<v Speaker 1>be a final push this week or within the next

19
00:01:00.159 --> 00:01:03.000
<v Speaker 1>two weeks before a rollover. I do believe all coins

20
00:01:03.039 --> 00:01:06.640
<v Speaker 1>will follow bitcoins move if it does break eighty and

21
00:01:07.120 --> 00:01:09.319
<v Speaker 1>continue to maybe eighty five, and I think we could

22
00:01:09.359 --> 00:01:12.519
<v Speaker 1>see a nice little mini rally for alts, but again

23
00:01:12.640 --> 00:01:15.359
<v Speaker 1>not guaranteed. We are still in uncertain times with the

24
00:01:15.400 --> 00:01:18.439
<v Speaker 1>Iran war, and you never know what news items could

25
00:01:18.480 --> 00:01:20.879
<v Speaker 1>hit the market and all of a sudden things start

26
00:01:20.959 --> 00:01:24.239
<v Speaker 1>to drop. However, as we've been watching, they will weekly charted.

27
00:01:24.280 --> 00:01:28.040
<v Speaker 1>The higher timeframe looks really good. Guys. That is flipped bullish,

28
00:01:28.159 --> 00:01:31.719
<v Speaker 1>so I don't anticipate that flipping back bearsh immediately. There's

29
00:01:31.799 --> 00:01:35.480
<v Speaker 1>usually a span a time span for these things to

30
00:01:35.519 --> 00:01:37.959
<v Speaker 1>play out. When you think about what market makers are

31
00:01:37.959 --> 00:01:41.159
<v Speaker 1>doing in much more and the RSI is nowhere near

32
00:01:41.319 --> 00:01:44.159
<v Speaker 1>the overbought zone, so that's a very very good sign.

33
00:01:44.799 --> 00:01:48.079
<v Speaker 1>Not to mention, we have a CME gap around eighty

34
00:01:48.120 --> 00:01:51.159
<v Speaker 1>two thousand eighty four thousand. Here one analyst is highlighted

35
00:01:51.200 --> 00:01:54.599
<v Speaker 1>that despite the twenty percent move in April, funding is

36
00:01:54.599 --> 00:01:57.640
<v Speaker 1>still negative and spot premium is still positive. No signs

37
00:01:57.640 --> 00:02:00.519
<v Speaker 1>of froth. So the market has gotten frothy with this move.

38
00:02:00.560 --> 00:02:04.359
<v Speaker 1>It's been a slow grinding move up, especially with the

39
00:02:04.480 --> 00:02:07.159
<v Speaker 1>chop we saw with the Iran war news that was

40
00:02:07.239 --> 00:02:11.120
<v Speaker 1>affecting markets. So let's see what we can do here

41
00:02:11.159 --> 00:02:13.520
<v Speaker 1>and how high we can get. Obviously, the higher the better.

42
00:02:14.000 --> 00:02:15.479
<v Speaker 1>We got to keep an eye on the stock market,

43
00:02:15.520 --> 00:02:17.879
<v Speaker 1>which continues to make new highs. Bowlers are still in

44
00:02:17.919 --> 00:02:21.120
<v Speaker 1>control there. But the stock market is in the overbought zone.

45
00:02:21.159 --> 00:02:23.479
<v Speaker 1>So while it can hang out there for a while,

46
00:02:23.919 --> 00:02:28.080
<v Speaker 1>we've seen it historically, it's usually followed by a drop,

47
00:02:28.199 --> 00:02:31.960
<v Speaker 1>so a very strong V shaped recovery, but anticipate a drop.

48
00:02:32.000 --> 00:02:34.360
<v Speaker 1>And the same thing with the NASDAC. It's mirroring the

49
00:02:34.479 --> 00:02:37.120
<v Speaker 1>S and P five hundred, also in the overbod zone,

50
00:02:37.240 --> 00:02:39.560
<v Speaker 1>but there's not a Bearers cross on the macde. Bulls

51
00:02:39.599 --> 00:02:43.120
<v Speaker 1>are still in control. So let's see if Bitcoin can

52
00:02:43.159 --> 00:02:47.560
<v Speaker 1>catch up here, become overbought officially, you know, breakthrough eighty

53
00:02:47.599 --> 00:02:50.080
<v Speaker 1>go to eighty five k, and like I said, I

54
00:02:50.240 --> 00:02:53.199
<v Speaker 1>anticipate that we may see some al starch to rally

55
00:02:53.319 --> 00:02:56.639
<v Speaker 1>XRP soalana E theorem and more, and that would be

56
00:02:56.719 --> 00:02:59.080
<v Speaker 1>really nice, not a move to new all time highs

57
00:02:59.080 --> 00:03:02.879
<v Speaker 1>in my opinion. And then there is the probability of

58
00:03:03.439 --> 00:03:07.120
<v Speaker 1>once Bitcoin hits that you know, respective top for this rally,

59
00:03:07.360 --> 00:03:10.800
<v Speaker 1>it rolls over and it could potentially again, potentially, I'm

60
00:03:10.800 --> 00:03:12.439
<v Speaker 1>not saying I want it to happen. I'm not saying

61
00:03:12.439 --> 00:03:14.599
<v Speaker 1>it is going to happen. It could potentially go down

62
00:03:14.680 --> 00:03:17.280
<v Speaker 1>to as low as fifty K, so we have to

63
00:03:17.319 --> 00:03:20.800
<v Speaker 1>be mentally prepared for that, or it could go retest

64
00:03:20.879 --> 00:03:23.800
<v Speaker 1>the lows that it hit a few months back of

65
00:03:23.840 --> 00:03:27.680
<v Speaker 1>around fifty a k. Now, if that was the bottom

66
00:03:27.719 --> 00:03:29.639
<v Speaker 1>of the market and we're just retesting it, you know,

67
00:03:29.719 --> 00:03:31.800
<v Speaker 1>maybe that's good, right, and then we can just start

68
00:03:31.840 --> 00:03:35.080
<v Speaker 1>working our way up slowly and steadily as we had

69
00:03:35.439 --> 00:03:37.479
<v Speaker 1>later into the year and into the midterms, which I

70
00:03:37.479 --> 00:03:41.039
<v Speaker 1>believe Trump will not want to go into the elections

71
00:03:41.560 --> 00:03:44.520
<v Speaker 1>with the markets down and the dumps, So let's see

72
00:03:44.520 --> 00:03:46.560
<v Speaker 1>what happens. His new FED chair is also going to

73
00:03:46.599 --> 00:03:50.120
<v Speaker 1>be coming in pretty soon, and we'll see what updates

74
00:03:50.120 --> 00:03:53.439
<v Speaker 1>they make fiscally. That could really, you know, have markets

75
00:03:53.680 --> 00:03:56.960
<v Speaker 1>rally after they bottom out, So we shall see if

76
00:03:57.000 --> 00:03:59.479
<v Speaker 1>the market hasn't bottom already. Again. There's a lot of

77
00:03:59.520 --> 00:04:03.000
<v Speaker 1>scenario here, and smart educated investors have to be prepared

78
00:04:03.039 --> 00:04:05.000
<v Speaker 1>for all these different scenarios because we don't have a

79
00:04:05.000 --> 00:04:07.719
<v Speaker 1>crystal ball, and we have to look at the probabilities

80
00:04:07.759 --> 00:04:10.960
<v Speaker 1>of which scenario can play out now. One good sign

81
00:04:11.080 --> 00:04:15.159
<v Speaker 1>is that bitcoin whales are accumulating rapidly, data from Saniment.

82
00:04:15.240 --> 00:04:17.519
<v Speaker 1>Many of you know Santiment is a partner of the channel.

83
00:04:17.759 --> 00:04:20.800
<v Speaker 1>I often have Brian from Santiment on biweekly to talk

84
00:04:20.839 --> 00:04:24.240
<v Speaker 1>about these different metrics. They're highlighting that whales are accumulating

85
00:04:24.240 --> 00:04:26.040
<v Speaker 1>and here you can see on my screen for those

86
00:04:26.079 --> 00:04:29.879
<v Speaker 1>of you watching on YouTube and rumble that the whale

87
00:04:29.920 --> 00:04:34.480
<v Speaker 1>accumulation is on the rise. That's a very very good sign, guys.

88
00:04:34.480 --> 00:04:38.360
<v Speaker 1>So again this correlates to this rally that's happening and

89
00:04:39.199 --> 00:04:42.920
<v Speaker 1>help could these activities help push bitcoin up to that

90
00:04:43.079 --> 00:04:46.399
<v Speaker 1>eighty five k range? And speaking of whales, black rocks.

91
00:04:46.399 --> 00:04:49.959
<v Speaker 1>Bitcoin ETF just hit a massive milestone that proves crypto

92
00:04:50.360 --> 00:04:54.000
<v Speaker 1>is now a mainstream bet so I bit options open

93
00:04:54.079 --> 00:04:58.000
<v Speaker 1>interest top dera bit on Fridays, signaling rapid institutional adoption

94
00:04:58.120 --> 00:05:01.800
<v Speaker 1>of regulated crypto derivatives in the United States. Positioning differs

95
00:05:01.839 --> 00:05:06.000
<v Speaker 1>across markets. Ibit flows appears slightly more bullish than Derribit's

96
00:05:06.040 --> 00:05:10.439
<v Speaker 1>BTC options despite similar scale. Ibit and derribit cater to

97
00:05:10.519 --> 00:05:14.319
<v Speaker 1>different investor bases, So we're starting to see activity here, guys.

98
00:05:14.319 --> 00:05:18.000
<v Speaker 1>Wail accumulation options, and all these things looking good. So

99
00:05:18.439 --> 00:05:22.199
<v Speaker 1>let's see what this week brings us. Another factor is

100
00:05:22.240 --> 00:05:26.319
<v Speaker 1>that bitcoin funding rate is extremely negative, so the lungs

101
00:05:26.439 --> 00:05:28.800
<v Speaker 1>versus shorts. So there's a lot of shorts right now,

102
00:05:28.839 --> 00:05:31.160
<v Speaker 1>a lot of bears out there. They want it, you know,

103
00:05:31.319 --> 00:05:33.360
<v Speaker 1>to get ready. They think it's going to go dumb

104
00:05:33.439 --> 00:05:36.920
<v Speaker 1>down right away. But we could see the market do

105
00:05:37.000 --> 00:05:41.839
<v Speaker 1>a short squeeze and the bears get wrecked. Right. That's possible.

106
00:05:41.879 --> 00:05:44.800
<v Speaker 1>I'm not saying it's guaranteed, right, so please understand me.

107
00:05:45.120 --> 00:05:47.920
<v Speaker 1>Sometimes when I make these statements, people just only hear

108
00:05:48.560 --> 00:05:51.360
<v Speaker 1>certain words because they have their bias. They only want

109
00:05:51.360 --> 00:05:55.040
<v Speaker 1>to hear things that confirm their bias versus seeing the

110
00:05:55.079 --> 00:05:57.120
<v Speaker 1>full landscape, which is what I'm trying to share with

111
00:05:57.160 --> 00:06:01.240
<v Speaker 1>you guys. So here one analysa that big bitcoin funding

112
00:06:01.319 --> 00:06:04.279
<v Speaker 1>rate is extremely negative. Not sure if we have ever

113
00:06:04.319 --> 00:06:08.040
<v Speaker 1>seen funding so negative before. If bitcoin starts to pump

114
00:06:08.079 --> 00:06:11.040
<v Speaker 1>with all these leverage short positions, we could see a

115
00:06:11.120 --> 00:06:15.639
<v Speaker 1>massive short squeeze to one hundred k quickly. That's a probability. Again,

116
00:06:16.079 --> 00:06:18.079
<v Speaker 1>I don't know if it gets there. I'm more in

117
00:06:18.120 --> 00:06:21.480
<v Speaker 1>the camp of eighty to eighty five potentially a week

118
00:06:21.519 --> 00:06:25.360
<v Speaker 1>to ninety and then roll over. So we shall see

119
00:06:25.480 --> 00:06:30.439
<v Speaker 1>another good sign, folks. Tether is minting billions in USDT again,

120
00:06:30.519 --> 00:06:32.839
<v Speaker 1>and we've seen historically a lot of the stable coin

121
00:06:32.959 --> 00:06:36.160
<v Speaker 1>liquidity makes its way into the market. So just over

122
00:06:36.199 --> 00:06:38.920
<v Speaker 1>the past few days, over the past week, they've minted

123
00:06:39.000 --> 00:06:42.480
<v Speaker 1>over two billion, I think close to three billion in USDT,

124
00:06:42.680 --> 00:06:44.920
<v Speaker 1>so we can keep watching that and see how the

125
00:06:44.959 --> 00:06:48.079
<v Speaker 1>stable coin liquidity is looking. So one of the things

126
00:06:48.079 --> 00:06:51.120
<v Speaker 1>we were watching recently is USDT dominance, you know, that's

127
00:06:51.199 --> 00:06:55.519
<v Speaker 1>been breaking down, and obviously that stable coin liquidity is

128
00:06:55.519 --> 00:06:58.480
<v Speaker 1>making its way into the market, so there's an inverse

129
00:06:58.519 --> 00:07:01.279
<v Speaker 1>correlation obviously. So we'll see how this plays out this

130
00:07:01.360 --> 00:07:04.600
<v Speaker 1>week because it can help give confirmation as to what

131
00:07:04.680 --> 00:07:07.959
<v Speaker 1>the prices may do next. So we got to be

132
00:07:08.000 --> 00:07:12.879
<v Speaker 1>patient here. Now, speaking of Tether, they have conducted their

133
00:07:13.040 --> 00:07:17.199
<v Speaker 1>largest asset freeze ever, freezing three hundred and forty four

134
00:07:17.759 --> 00:07:22.279
<v Speaker 1>million USDT on tron and the reason apparently some of

135
00:07:22.319 --> 00:07:25.040
<v Speaker 1>these funds are tied to Iran, so there's a lot

136
00:07:25.040 --> 00:07:28.240
<v Speaker 1>of Tether fudsters out there. But Tether's been working with

137
00:07:28.240 --> 00:07:31.439
<v Speaker 1>the US government. They've been freezing accounts in certain amounts

138
00:07:31.480 --> 00:07:34.160
<v Speaker 1>of stable coins that are tied to bad actors. This

139
00:07:34.199 --> 00:07:36.279
<v Speaker 1>is what we've been talking about for a long time.

140
00:07:36.639 --> 00:07:39.319
<v Speaker 1>Bad actors are going to use any medium they can

141
00:07:40.079 --> 00:07:44.160
<v Speaker 1>to do bad things. But that doesn't mean we have

142
00:07:44.199 --> 00:07:46.399
<v Speaker 1>to shut the whole blockchain down or all of crypto.

143
00:07:46.879 --> 00:07:50.240
<v Speaker 1>We have to go after the bad actors, folks. Quick

144
00:07:50.279 --> 00:07:52.839
<v Speaker 1>word from our sponsor. This episode is brought to you

145
00:07:52.879 --> 00:07:57.399
<v Speaker 1>by bitco, the trusted infrastructure behind the digital asset economy.

146
00:07:57.759 --> 00:08:01.319
<v Speaker 1>If you're serious about crypto, whether you're an investor, institution,

147
00:08:01.600 --> 00:08:05.120
<v Speaker 1>or building in this space, you already know security, compliance,

148
00:08:05.120 --> 00:08:09.000
<v Speaker 1>and execution are everything. And that's exactly what bitco delivers.

149
00:08:09.240 --> 00:08:12.680
<v Speaker 1>With over a decade of experience and fifty five hundred

150
00:08:12.720 --> 00:08:17.120
<v Speaker 1>plus institutional clients across one hundred plus countries, bitco provides

151
00:08:17.160 --> 00:08:22.680
<v Speaker 1>a full suite of services, including qualified custody, trading, staking, financing,

152
00:08:22.800 --> 00:08:26.839
<v Speaker 1>and stable coin infrastructure, all in one platform. Let's break

153
00:08:26.839 --> 00:08:30.399
<v Speaker 1>it down one to launch crypto services fast. Bitgo's crypto

154
00:08:30.480 --> 00:08:33.919
<v Speaker 1>as a service lets banks, FinTechs, and platforms go live

155
00:08:34.080 --> 00:08:36.879
<v Speaker 1>in as little as a couple of months without dealing

156
00:08:36.919 --> 00:08:40.720
<v Speaker 1>with complex licensing or infrastructure. If you're looking to launch

157
00:08:40.720 --> 00:08:43.759
<v Speaker 1>a stable coin. Bidgo offers a complete stable coin as

158
00:08:43.759 --> 00:08:48.039
<v Speaker 1>a service platform, from reserves and smart contracts to compliance,

159
00:08:48.440 --> 00:08:51.759
<v Speaker 1>built to align with the new US regulatory framework. That

160
00:08:51.840 --> 00:08:55.120
<v Speaker 1>is the genius at want to earn rewards on your crypto.

161
00:08:55.480 --> 00:08:59.440
<v Speaker 1>Bitgo runs one of the largest institutional staking platforms, with

162
00:08:59.559 --> 00:09:04.159
<v Speaker 1>tens of billions staked across fifty plus networks. All while

163
00:09:04.159 --> 00:09:08.759
<v Speaker 1>your assets stays securely in qualified custody. Need deep liquidity

164
00:09:08.799 --> 00:09:13.840
<v Speaker 1>and execution, Their trading platform aggregates liquidity across thirty plus venues,

165
00:09:14.120 --> 00:09:17.279
<v Speaker 1>giving you better pricing and the ability to trade directly

166
00:09:17.440 --> 00:09:21.399
<v Speaker 1>from custody, no pre funding required for approved clients. And

167
00:09:21.440 --> 00:09:25.480
<v Speaker 1>if you need capital, bitgo offers crypto backed financing so

168
00:09:25.519 --> 00:09:28.840
<v Speaker 1>you can unlock liquidity without selling your assets. So here's

169
00:09:28.840 --> 00:09:31.759
<v Speaker 1>the bottom line. Bitco is one of the first federally

170
00:09:31.879 --> 00:09:37.000
<v Speaker 1>chartered digital asset infrastructure companies, offering regulated, insured custody and

171
00:09:37.200 --> 00:09:40.879
<v Speaker 1>a platform built for institutions but accessible to for thinking

172
00:09:40.960 --> 00:09:44.480
<v Speaker 1>players across the space. So whether you're scaling a fintech,

173
00:09:44.600 --> 00:09:47.879
<v Speaker 1>managing a fund, or building the future of finance, bitco

174
00:09:48.039 --> 00:09:49.919
<v Speaker 1>gives you all the tools that you need to do

175
00:09:49.960 --> 00:09:53.799
<v Speaker 1>this securely, compliantly, and at scale. So learn more at

176
00:09:53.840 --> 00:09:56.519
<v Speaker 1>bitgo dot com and see why the biggest players in

177
00:09:56.559 --> 00:10:00.799
<v Speaker 1>crypto trust bitgo. Okay, folks moving ahead. On On Friday,

178
00:10:00.840 --> 00:10:05.399
<v Speaker 1>the Blockchain Association, the Crypto Council for Innovation, joined by

179
00:10:05.440 --> 00:10:08.080
<v Speaker 1>a broad coalition of more than one hundred and twenty

180
00:10:08.200 --> 00:10:12.279
<v Speaker 1>organization across the digital asset ecosystem, urge the Senate Banking

181
00:10:12.320 --> 00:10:16.200
<v Speaker 1>Committee to move forward with a markup on market structural legislation.

182
00:10:16.720 --> 00:10:18.919
<v Speaker 1>So they sent a full letter and write up and

183
00:10:18.919 --> 00:10:21.519
<v Speaker 1>so forth. So that's a lot of folks participating here.

184
00:10:21.799 --> 00:10:25.440
<v Speaker 1>So the pressure is on here and great to see

185
00:10:25.480 --> 00:10:29.200
<v Speaker 1>that these folks are being proactive, you know, again, putting

186
00:10:29.200 --> 00:10:31.679
<v Speaker 1>the pressure in the Senate to hopefully get this markup

187
00:10:31.720 --> 00:10:35.639
<v Speaker 1>done because the banks are lobbying hard and you can see,

188
00:10:35.799 --> 00:10:37.919
<v Speaker 1>well for those of you watching, it might be a

189
00:10:37.919 --> 00:10:40.519
<v Speaker 1>little bit hard to see, but you know, you got

190
00:10:40.679 --> 00:10:44.080
<v Speaker 1>Tim Scott, Cynthia Lummis, common names we know pro crypto.

191
00:10:44.159 --> 00:10:47.600
<v Speaker 1>But who's also in there? Elizabeth Warren And it says

192
00:10:47.639 --> 00:10:50.960
<v Speaker 1>the honorable Elizabeth Warren. I don't know about the honorable part,

193
00:10:51.000 --> 00:10:55.519
<v Speaker 1>but I digress. But we got to get this bill done, guys,

194
00:10:55.519 --> 00:10:57.840
<v Speaker 1>we got to get it done. Look, it's not the

195
00:10:57.919 --> 00:11:01.000
<v Speaker 1>end of the world if it's not pass But it's

196
00:11:01.039 --> 00:11:03.679
<v Speaker 1>going to set us back a lot, right, because the

197
00:11:03.679 --> 00:11:06.720
<v Speaker 1>bill can still make it forward let's say next year,

198
00:11:06.799 --> 00:11:09.559
<v Speaker 1>but it's gonna be much harder. But if you can

199
00:11:09.639 --> 00:11:12.279
<v Speaker 1>get it, you know, before the August recess this year,

200
00:11:12.320 --> 00:11:15.320
<v Speaker 1>that would be really really good. So fingers crossed they

201
00:11:15.320 --> 00:11:18.600
<v Speaker 1>can get it done. But all the major cocrypto companies participated,

202
00:11:18.639 --> 00:11:24.159
<v Speaker 1>changing Noalysis, Coinbase, OKX, you got Ripple, all the big names,

203
00:11:24.200 --> 00:11:26.919
<v Speaker 1>crypto dot com so far, even I mean a bank

204
00:11:27.080 --> 00:11:30.960
<v Speaker 1>getting involved here. So this is huge and let's see

205
00:11:31.480 --> 00:11:33.559
<v Speaker 1>what the folks in the Senate are able to come

206
00:11:33.639 --> 00:11:36.159
<v Speaker 1>up with. Now, folks, some not so good news. This

207
00:11:36.320 --> 00:11:39.600
<v Speaker 1>is very concerning And for those of you who live

208
00:11:39.639 --> 00:11:42.600
<v Speaker 1>in France, this is a warning to you. So a

209
00:11:42.720 --> 00:11:46.840
<v Speaker 1>French tax official was arrested for selling crypto investors' home

210
00:11:46.840 --> 00:11:52.039
<v Speaker 1>addresses and financial records to criminal networks. Forty one kidnappings followed,

211
00:11:52.320 --> 00:11:55.759
<v Speaker 1>one every two point five days since January twenty twenty six.

212
00:11:56.120 --> 00:11:59.000
<v Speaker 1>The criminals didn't need to hack anything, they bought a

213
00:11:59.080 --> 00:12:02.159
<v Speaker 1>list from some one inside the government. France is the

214
00:12:02.200 --> 00:12:04.600
<v Speaker 1>most dangerous country in the world right now. If you

215
00:12:04.679 --> 00:12:08.320
<v Speaker 1>hold crypto and someone knows that this is some Mario

216
00:12:08.399 --> 00:12:11.759
<v Speaker 1>the fall on X. But I'm sure many of you

217
00:12:11.799 --> 00:12:14.799
<v Speaker 1>have seen the news over the past year or more,

218
00:12:15.240 --> 00:12:17.639
<v Speaker 1>a lot of kidnappings, a lot of people getting attacked

219
00:12:17.639 --> 00:12:20.720
<v Speaker 1>in the street right a crypto CEOs and so forth.

220
00:12:21.240 --> 00:12:23.200
<v Speaker 1>And you know, I was scratching my head when I

221
00:12:23.399 --> 00:12:26.200
<v Speaker 1>when I saw those news items, like wait, why is

222
00:12:26.240 --> 00:12:29.000
<v Speaker 1>it just happening in France, Like what's happening in France?

223
00:12:29.080 --> 00:12:31.600
<v Speaker 1>Something's weird there. But we didn't know, you know, that

224
00:12:31.679 --> 00:12:36.279
<v Speaker 1>the information was being sold. So if you're in France,

225
00:12:36.600 --> 00:12:39.600
<v Speaker 1>you know, just be careful. Look, I don't think they're

226
00:12:40.159 --> 00:12:44.120
<v Speaker 1>attacking the common crypto investors. They're pretty much going after

227
00:12:44.159 --> 00:12:47.480
<v Speaker 1>people who have high net worth amounts of crypto or

228
00:12:47.840 --> 00:12:51.200
<v Speaker 1>well known you know, as far as crypto CEOs or executives.

229
00:12:51.600 --> 00:12:54.360
<v Speaker 1>But still, you know, if you have a sizeable amount

230
00:12:54.440 --> 00:12:56.919
<v Speaker 1>of crypto, those of you watching and listening in France,

231
00:12:57.080 --> 00:13:01.000
<v Speaker 1>just be careful because your information was most likely sold

232
00:13:01.159 --> 00:13:04.840
<v Speaker 1>to these criminal networks, which is crazy. And again, forty

233
00:13:04.919 --> 00:13:11.159
<v Speaker 1>one kidnappings, I mean, just crazy, crazy stuff. I think

234
00:13:11.159 --> 00:13:16.279
<v Speaker 1>the high profile kidnapping, if I'm not mistaken, was one

235
00:13:16.320 --> 00:13:20.080
<v Speaker 1>of the Ledger executives and they did some I think

236
00:13:20.120 --> 00:13:23.240
<v Speaker 1>they tortured him or and his wife or something like that.

237
00:13:23.279 --> 00:13:26.080
<v Speaker 1>But don't quote me on that, but if I remember

238
00:13:26.120 --> 00:13:30.320
<v Speaker 1>correctly that that was pretty crazy. But be careful out there, folks. Okay,

239
00:13:30.320 --> 00:13:34.200
<v Speaker 1>moving ahead, three F, built on Morpho, raises four million

240
00:13:34.279 --> 00:13:38.039
<v Speaker 1>dollars to offer a leverage exposure to tokenize assets. So

241
00:13:38.080 --> 00:13:41.000
<v Speaker 1>we continue to see building investing in much more so.

242
00:13:41.159 --> 00:13:44.440
<v Speaker 1>Three F has raised four million dollars in funding led

243
00:13:44.440 --> 00:13:48.840
<v Speaker 1>by Maven eleven with participation from f Prime, GSR and others.

244
00:13:49.159 --> 00:13:53.440
<v Speaker 1>Built on Morpho, three F will offer leverage exposure to

245
00:13:53.440 --> 00:13:57.039
<v Speaker 1>tokenize rerail world assets, with launch expected in the second

246
00:13:57.159 --> 00:13:59.360
<v Speaker 1>quarter of the year. Now I'm not sure if how

247
00:13:59.399 --> 00:14:01.679
<v Speaker 1>many of you were, but I had interviewed a founder

248
00:14:01.679 --> 00:14:03.879
<v Speaker 1>of MORFO. I think it was last year. They're working

249
00:14:03.879 --> 00:14:08.159
<v Speaker 1>with coinbase to power coinbases a crypto lending like bitcoin

250
00:14:08.240 --> 00:14:11.399
<v Speaker 1>lending and so forth. So it's really great to see

251
00:14:11.399 --> 00:14:15.840
<v Speaker 1>that they're getting the ability to integrate tokenized real world

252
00:14:15.879 --> 00:14:18.799
<v Speaker 1>assets in being able to leverage dad and do different

253
00:14:18.840 --> 00:14:21.960
<v Speaker 1>things with it. Here's some contextead of funding. It says

254
00:14:22.000 --> 00:14:25.159
<v Speaker 1>that total includes a seven hundred and fifty thousand dollars

255
00:14:25.200 --> 00:14:28.720
<v Speaker 1>pre seed round and a three point three million dollars

256
00:14:28.759 --> 00:14:31.480
<v Speaker 1>seed round. Sonya Kim, co founder of three f toll

257
00:14:31.559 --> 00:14:34.840
<v Speaker 1>the block. The pre seed fundraising began in July twenty

258
00:14:34.879 --> 00:14:37.960
<v Speaker 1>twenty five and closed in November twenty twenty five, while

259
00:14:38.000 --> 00:14:40.720
<v Speaker 1>the seed round started in November twenty twenty five and

260
00:14:40.759 --> 00:14:44.000
<v Speaker 1>closed in March twenty twenty six. Kim said, so both

261
00:14:44.120 --> 00:14:48.879
<v Speaker 1>rounds were structured as simple agreements for future equity or safes,

262
00:14:49.120 --> 00:14:53.879
<v Speaker 1>safes with token warrants on a one to one equity

263
00:14:53.919 --> 00:14:58.240
<v Speaker 1>to token conversion basis. Kim said, she declined to disclose evaluation.

264
00:14:58.360 --> 00:15:04.200
<v Speaker 1>That's interesting. So you get tokens which are aligned to equity.

265
00:15:05.000 --> 00:15:07.120
<v Speaker 1>Very interesting and I think, by the way, this type

266
00:15:07.120 --> 00:15:11.600
<v Speaker 1>of setup is the future with fundraising and how companies

267
00:15:11.679 --> 00:15:14.480
<v Speaker 1>may go public and things along those lines. Now, folks,

268
00:15:14.519 --> 00:15:17.519
<v Speaker 1>there's some crazy news around like cooin. Like coin rewrites

269
00:15:17.600 --> 00:15:21.360
<v Speaker 1>three hours of history to undo its first major privacy

270
00:15:21.440 --> 00:15:26.600
<v Speaker 1>layer exploit. So the like Coin Foundation said Saturday that

271
00:15:26.840 --> 00:15:30.639
<v Speaker 1>a zero day bug enabled a denial of service attack

272
00:15:30.679 --> 00:15:35.360
<v Speaker 1>against major mining polls. A thirteen block reorganization reversed the

273
00:15:35.399 --> 00:15:40.799
<v Speaker 1>invalid transactions on the canonical like coin chain. Attackers use

274
00:15:41.039 --> 00:15:44.679
<v Speaker 1>the more than three hour fork window to attempt double

275
00:15:44.720 --> 00:15:50.320
<v Speaker 1>spends across crosschain swap protocols, some of which have reported losses.

276
00:15:50.440 --> 00:15:53.320
<v Speaker 1>The Foundation said the bug is now fully patched. So

277
00:15:53.399 --> 00:15:55.200
<v Speaker 1>this is some rough news for the folks on the

278
00:15:55.279 --> 00:15:57.799
<v Speaker 1>like coin side. And look, we're still early where a

279
00:15:57.879 --> 00:16:02.399
<v Speaker 1>lot of things have to be fine tuned. And I

280
00:16:02.679 --> 00:16:04.879
<v Speaker 1>I'm not sure if this is the only exploit for

281
00:16:05.279 --> 00:16:09.559
<v Speaker 1>like cooin, but I haven't heard of any in the past,

282
00:16:09.639 --> 00:16:11.360
<v Speaker 1>so this may be the first with you know, things

283
00:16:11.399 --> 00:16:15.679
<v Speaker 1>they're doing on the privacy side. So pretty rough here anyway, folks,

284
00:16:15.759 --> 00:16:18.399
<v Speaker 1>that's the news. Thank you so much for tuning in. Guys,

285
00:16:18.440 --> 00:16:21.320
<v Speaker 1>please be sure to hit the thumbsub button and subscribe

286
00:16:21.320 --> 00:16:23.799
<v Speaker 1>if you having it. As yet, I will be traveling

287
00:16:23.879 --> 00:16:26.720
<v Speaker 1>tomorrow through Wednesdays, or there's going to be limited content.

288
00:16:26.879 --> 00:16:30.320
<v Speaker 1>Just heads up. We'll still be having some interviews posted,

289
00:16:30.440 --> 00:16:33.360
<v Speaker 1>but news recap episodes are going to be limited and

290
00:16:33.600 --> 00:16:36.600
<v Speaker 1>I should be back in full force on Thursday, so

291
00:16:36.639 --> 00:16:38.799
<v Speaker 1>it just heads up on that, and guys, be sure

292
00:16:38.799 --> 00:16:41.159
<v Speaker 1>to support the podcast by checking out my free email

293
00:16:41.200 --> 00:16:43.519
<v Speaker 1>news that are on substack. It's one hundred percent free.

294
00:16:44.159 --> 00:16:46.080
<v Speaker 1>Be sure to grab a copy of my book on Amazon.

295
00:16:46.120 --> 00:16:48.799
<v Speaker 1>It's available in paperback, in digital and check out my

296
00:16:48.879 --> 00:16:52.159
<v Speaker 1>course at mycrypto course dot com. This is a comprehensive

297
00:16:52.159 --> 00:16:54.840
<v Speaker 1>course that teaches you everything you need to know about crypto.

298
00:16:55.279 --> 00:16:57.960
<v Speaker 1>Right now, we have a huge, huge sale. You can

299
00:16:58.000 --> 00:17:01.399
<v Speaker 1>get fifty percent off the price by using the code

300
00:17:01.399 --> 00:17:05.599
<v Speaker 1>bear b E A R at checkout and get half

301
00:17:06.000 --> 00:17:08.559
<v Speaker 1>off the price there and folks, this course is packed

302
00:17:08.559 --> 00:17:12.319
<v Speaker 1>with lots of value, features, expert commentary. It's comprehensive, so

303
00:17:12.440 --> 00:17:15.319
<v Speaker 1>check it out. Go to mycryptocurse dot com. Folks, thank

304
00:17:15.319 --> 00:17:17.319
<v Speaker 1>you so much for tuning in. I appreciate you all,

305
00:17:17.599 --> 00:17:19.279
<v Speaker 1>and I'll talk to you all later