Speaker 1: I've got huge news for you. Morgan Stanley is looking
Speaker 1: to launch crypto trading on its e trade platform. This
Speaker 1: is going to be a massive on ram for the
Speaker 1: crypto acid class. And Google is expanding their wallet to
Speaker 1: integrate blockchain and different features that are related to blockchain.
Speaker 1: This could help bring in millions, hundreds of millions of
Speaker 1: new users into the ecosystem and web three. This is massive.
Speaker 1: I'll give it to details. Let's get into it. Hey, everybody,
Speaker 1: welcome into the Thinking Crypto podcast, your home for cryptocurrency
Speaker 1: news and interviews. I'm your host, Tony Edward. On your
Speaker 1: way in, Please sit that subscribe button as well as
Speaker 1: a thumbsup button and leave a common below. If you're
Speaker 1: listening on a podcast platform such as Spotify or Apple,
Speaker 1: please leave a five star rating and review. Folks, I
Speaker 1: wanted to highlight that the Bitcoin ETF volume today surpassed
Speaker 1: two point eight billion dollars. We are seeing record inflows
Speaker 1: as Blackrock and the other Wall Street firm continue to
Speaker 1: buy bitcoin for their clients, and on the chart, specifically
Speaker 1: for black Rock, there is a massive spike. So put
Speaker 1: this in context with bitcoin's price run up with the
Speaker 1: global liquidity on the rise that d x Y correcting,
Speaker 1: the stock market bouncing as well. We are seeing the
Speaker 1: start of the next rally. These are signals that we
Speaker 1: saw last year as we had different rallies start. So
Speaker 1: incredible stuff. I think all the puzzle pieces are coming
Speaker 1: together for the continuation of this bull market. And look
Speaker 1: at this bitcoin financial company Fold. Many of you may
Speaker 1: know Fold. They have bitcoin products like a card, you
Speaker 1: can earn rewards, you can buy bitcoin through them, and
Speaker 1: their slogan is personal Finance powered by Bitcoin. Well, today
Speaker 1: they rang the opening bell for the NASAC. How times
Speaker 1: have changed, folks. Crypto companies are ringing opening bells and
Speaker 1: ringing closing bells as well. And we know many crypto
Speaker 1: companies are looking to go public this year, like e Toro, Circle,
Speaker 1: Mike Novogratz's Galaxy Digital. They are looking to be publicly
Speaker 1: listed this month. There's even talks of Ripple looking to
Speaker 1: go public this year. But this is really great. It's
Speaker 1: amazing how things have changed and crypto is here to stay.
Speaker 1: These companies are going to continue to grow. We're going
Speaker 1: to see a big boom in adoption of crypto. And
Speaker 1: speaking of a big boom in adoption, Morgan Stanley eyes
Speaker 1: launching crypto trading through e Trade. This is according to
Speaker 1: Bloomberg my Og subscribers and listeners. Remember when I was
Speaker 1: saying in twenty eighteen, twenty nineteen that Charlie Schwab and
Speaker 1: e Trade and all these folks would adopt crypto. The
Speaker 1: day is here, folks. Look at what has happened. And
Speaker 1: this news comes just about a week or two after
Speaker 1: Charlis Schwab CEO came out and said they want to
Speaker 1: offer crypto trading. So game theory competition heating up here.
Speaker 1: It's beautiful to see this happening as early adopters. As
Speaker 1: you know, we have been here buying the dips, buying
Speaker 1: the blood on the streets, and getting ready to sell
Speaker 1: the euphoria face to take profits. So this is a
Speaker 1: massive move. So Morgan Stanley is building a crypto trading
Speaker 1: feature for each trade, targeting a twenty twenty six launch.
Speaker 1: The bank is exploring partnerships to enable spot trading of
Speaker 1: cryptocurrencies like bitcoin and etherorem The Trump administration's policy changes
Speaker 1: and industry momentum are prompting US banks to re enter crypto.
Speaker 1: So all of these firms are primarily waiting for crypto regulations,
Speaker 1: the crypto market structure and stable coin bills which are
Speaker 1: in the House and Senate, and I expect those to
Speaker 1: be passed this here and Trump to sign him into law,
Speaker 1: and they could be the catalyst that will be the
Speaker 1: top of the market. We'll have to wait and see,
Speaker 1: you know, we'll watch it closely. We'll watch the charts
Speaker 1: and all the on chain data as well. But all
Speaker 1: of Wall Street is looking to get a piece of
Speaker 1: this crypto PI if you want to call it that,
Speaker 1: and this acid class is here to say if they
Speaker 1: don't adapt, they will die. Because what's going to happen.
Speaker 1: As you all know, tokenization is the future of finance.
Speaker 1: As Larry Fink Black Rock CEO set, They're going to
Speaker 1: put all the stocks and commodities, gold, everything on the blockchain,
Speaker 1: real estate as well, So those assets are going to
Speaker 1: be traded like crypto. And these assets will be able
Speaker 1: to reach a truly global market. Many of them are
Speaker 1: not accessible globally, but you put them on the blockchain
Speaker 1: and they can be fractionalized trade twenty four to seven
Speaker 1: and across the world. I've often stated that crypto is
Speaker 1: a global asset class. If you have Internet connection on
Speaker 1: a smartphone. You can participate and you don't have to
Speaker 1: put a million dollars. You can buy ten dollars a bitcoin,
Speaker 1: ten dollars of e theorem, ten dollars of XRP, and
Speaker 1: so on and so forth. This is incredibly bullish news, guys,
Speaker 1: and once again it follows what Charles Schwab CEO said
Speaker 1: just about a couple of weeks ago. Now look at this.
Speaker 1: Google adds blockchain tech to wallet to let users prove
Speaker 1: age without sharing data. The new cryptographics system let's users
Speaker 1: prove they're old enough to use restricted applications without giving
Speaker 1: more information than required. Folks, I've often talked about the
Speaker 1: wallet services need to be up to par where it's
Speaker 1: easy for the average Joe and Jane walking down the
Speaker 1: street to be able to use this. It needs to
Speaker 1: feel like Web two but powered by Web three. Technology
Speaker 1: like blockchain and privacy is a big factor. And if
Speaker 1: you have a massive company like Google innovating and building
Speaker 1: these wallets, it's going to help bringing hundreds of millions
Speaker 1: of users. Google has a massive user base with Gmail
Speaker 1: and all their other products, and if they are able
Speaker 1: to get this right, it will be massive. The on
Speaker 1: Ram for the average person. Needs to be very simple,
Speaker 1: shouldn't have a lot of friction. They should just be
Speaker 1: able to easily do it, like they're able to do
Speaker 1: certain things with Web two, but gain the benefits of
Speaker 1: Web three. So Google is enhancing its wallet service with
Speaker 1: zero knowledge proof technology for privacy focused age verification. Bumble
Speaker 1: will be among the first use Google system for verifying
Speaker 1: user ages without revealing personal data. The technology allows users
Speaker 1: to confirm age without sharing birth dates, using a blockchain
Speaker 1: based method for secure verification. So, folks, you see how
Speaker 1: blockchain is being used in different ways. And I've been
Speaker 1: telling you all blockchain will power the economy, the markets,
Speaker 1: and the governments. This is a great example, and I've
Speaker 1: often stated that, you know, we still have a lot
Speaker 1: of things to figure out, but with further iteration and
Speaker 1: with big players like this, you know, innovating on their end,
Speaker 1: we're going to figure it out. It's going to get there.
Speaker 1: You know. It's like how the Internet grew from the
Speaker 1: dial up days and slow internet and slow browsers to
Speaker 1: what we have now. That didn't happen in one year
Speaker 1: or two years. It took a while, but we got there,
Speaker 1: right And look at how we use the internet now
Speaker 1: and it's pretty amazing. So the company said that the
Speaker 1: dating app Bumble, among others, will be one of the
Speaker 1: first partners to use the system. Bumble will use digital
Speaker 1: IDs issued through Google Wallet for userarification, while zero Knowledge
Speaker 1: Proofs will handle age confirmation. Incredible, this is so bullish.
Speaker 1: I'm sharing this with family and friends who still don't
Speaker 1: understand what the hell is happening here to show blockchain
Speaker 1: is here to stay and for the first time in history,
Speaker 1: you can participate early. You can hold a respective token
Speaker 1: of these blockchains, right, and you want to take your bets.
Speaker 1: Not everything's going to be a winner, but it is
Speaker 1: an opportunity of a lifetime. So just I mean, I'm
Speaker 1: blown away by this news and even the Morgan Stanley news.
Speaker 1: I hope you guys see what's happening here. I hope
Speaker 1: you understand why I'm so bullish on this acid class.
Speaker 1: It's incredible. Now, folks, quick word from our sponsor and
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Speaker 1: the description. Now, folks, I've often shared news about Metaplanet.
Speaker 1: They are a Japanese publicly traded company that is using
Speaker 1: the blueprint that Michael Sailor and Strategy have been using
Speaker 1: where they raise debt to buy bitcoin. Well, we got
Speaker 1: some interesting updates here. Metaplanet registers US treasury arm to
Speaker 1: grow its bitcoin reserve strategy. The firm plans to invest
Speaker 1: as much as two hundred and fifty million dollars in
Speaker 1: the Florida based treasury vehicle, so this is interesting. Tokyo
Speaker 1: based Metaplanet will establish a subsidiary in Florida, Metaplanet Treasury Corp.
Speaker 1: To enhance its bitcoin treasury strategy. The new entity will
Speaker 1: be capitalized with up to two hundred and fifty million
Speaker 1: dollars to support global operation and access US institutional capital.
Speaker 1: Florida was chosen for its reputation as a hub for
Speaker 1: bitcoin innovation and corporate adoption, so they're trying to tap
Speaker 1: into the institutional capital here in the United States. Smart
Speaker 1: move on their part because they see what's happening with
Speaker 1: micro strategy or strategy you know now it's called strategy,
Speaker 1: and they want a piece of that. So I don't
Speaker 1: blame them and we'll see though. I know that Mark
Speaker 1: Usco I believe he's one of the folks who have
Speaker 1: had on the podcast. He's advising them in some capacity.
Speaker 1: Even Donald Trump Junior or Eric Trump I should say
Speaker 1: Eric Trump is advising them as well. Met a Planet.
Speaker 1: So I hope you see what's happening here. This is
Speaker 1: very interesting and I think we're going to see more
Speaker 1: publicly traded companies do this, folks. It's it's being a
Speaker 1: big win for a lot of these companies. Now UK's
Speaker 1: FCA seeks public and industry views on cryptoregulation. We are
Speaker 1: hearing a lot coming out of the UK. I think
Speaker 1: they're trying to get their act together with crypto because
Speaker 1: they're losing a lot of crypto companies. A lot of
Speaker 1: them are coming back to the US, so they're trying
Speaker 1: to update their policies. I don't blame them, but you know,
Speaker 1: we're seeing a lot of governments around the world do this.
Speaker 1: They are continuing to iterate on their rules and making
Speaker 1: them as friendly to crypto as possible. So the Financial
Speaker 1: Conduct Authority is seeking feedback on various aspects of crypto assets,
Speaker 1: including intermediaries and decentralized finance. The discussion paper follows draft
Speaker 1: legislation by the Treasury aimed at bringing specific crypto assets
Speaker 1: under FCA regulation. The FCA aims to create a crypto
Speaker 1: regime that ensures market integrity and consumer protection while allowing innovation.
Speaker 1: And that is what's happening globally and here in the
Speaker 1: United States. We're close to that. The EU they got
Speaker 1: their microregulation done. And look, the first versions of these
Speaker 1: regulations are not going to be perfect. I just had
Speaker 1: Congressman Member on the podcast this week and he highlighted
Speaker 1: that I think the bills that are going to come
Speaker 1: out of Congress to President Trump are not going to
Speaker 1: be perfect. We got to make sure we review them,
Speaker 1: and we got to make sure there are amendments done
Speaker 1: if needed for anything that is not aligned with the
Speaker 1: innovation of this acid class and technology. But folks, this
Speaker 1: is a global movement, a global acid class, and we're
Speaker 1: just seeing dominoes following globally. It's amazing, folks. Last item
Speaker 1: I want to highlight here. It's regarding the news we
Speaker 1: heard earlier this week, and that is Ripple looking to
Speaker 1: acquire Circle, which is the issue of the USD stable
Speaker 1: Coin attorney John Deeton weighed in, and I thought his
Speaker 1: perspective is very interesting and worth sharing. He replied to
Speaker 1: or retweeted a user who highlighted that Ripple's increased bid
Speaker 1: for Circle isn't confirmed, but there's serious back and forth.
Speaker 1: He says, I can confirm Ripple has gone beyond the
Speaker 1: initial reports of their first public five billion dollar offer,
Speaker 1: so that's not surprising. You know, Ripple is probably trying
Speaker 1: to go back and increase their bid, and obviously the
Speaker 1: bid of four to five billion was rejected by Circle.
Speaker 1: So attorney John Deeton retweeted that news and said Circle
Speaker 1: file its S one with the SEC on April first,
Speaker 1: twenty twenty five, planning to list on the New York
Speaker 1: Stock Exchange under the ticker CrCL, with JP Morgan Chase
Speaker 1: and City Group as the lead underwriters. The IPO is
Speaker 1: expected this summer. Circle is aiming for a valuation between
Speaker 1: four to five billion dollars for its IPO, hence the
Speaker 1: five billion offer by Ripple. What we need to remember
Speaker 1: is that Circle's valuation of four to five billion is
Speaker 1: significantly lower than the nine billion valuation it targeted during
Speaker 1: a failed SPACK deal in twenty twenty two. Circles rejection
Speaker 1: of the five billion dollar offer suggests Circle believes its
Speaker 1: market value, particularly post IPO, is likely to exceed five
Speaker 1: billion dollars, possible the approaching or surpassing the nine billion
Speaker 1: from its twenty twenty two SPAC attempt. When you add
Speaker 1: in the regulatory one eighty we've witnessed with an administration
Speaker 1: super favorable to crypto in general, coupled with the Stable
Speaker 1: Genius Act likely to pass, a ten billion dollar deal
Speaker 1: is not crazy. So Ripple could offer nine or ten
Speaker 1: billion dollars here because I think John spot On the
Speaker 1: regulatory environment's changing, regulations coming and the stable coin market
Speaker 1: will boom and Circle is in the lead. In the
Speaker 1: United States now, Tether is still king of the hill. Globally,
Speaker 1: but within the US it's USDC. And we know Circle
Speaker 1: and Coinbase are partnered and they push USDC as well.
Speaker 1: So it don't blame Circle for saying, hey, give me ten,
Speaker 1: give me eleven, give me twelve, right, because their valuation
Speaker 1: and their market share will grow once legislation comes through.
Speaker 1: Let's see if Ripple is able to pull this off, folks,
Speaker 1: If Ripple does this, oh my goodness, this would be
Speaker 1: epic for Ripple, and you can imagine there's gonna be
Speaker 1: a lot of us DC being issued on the XRP ledger.
Speaker 1: It would make Ripple a powerhouse crypto company. And with
Speaker 1: their r L us D, you know, they could really
Speaker 1: challenge Tether. I'm not saying they're gonna surve past Tether
Speaker 1: because people are going to get emotional and all that
Speaker 1: and say, oh yeah, they're going to be tethered. Well,
Speaker 1: Teather has a massive first mover advantage and they have
Speaker 1: established themselves globally. Many different markets are using tether and
Speaker 1: Circle USDC is not even close. And not to mention
Speaker 1: r E us D which was recently launched, but Ripple
Speaker 1: is able to use circles existing infrastructure and everything. That's
Speaker 1: that they're doing combined forces. Watch out, Tether. It's gonna
Speaker 1: take some time, but Teather's really going to have to
Speaker 1: start looking over their shoulder. Right, You guys understand what
Speaker 1: I'm saying here. So this is a fascinating story and
Speaker 1: we'll see what unfolds. It would be really really big
Speaker 1: or folks, let me know what you think about the news.
Speaker 1: Leave your thoughts and comments below hit the thumbs up button.
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Speaker 1: out my new course at Mycrypto course dot com. This
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Speaker 1: so expand your knowledge underlearn more about the Crypto ASCID class.
Speaker 1: All right, folks, that's the news. Let me know what
Speaker 1: you think. Leave your thoughts and comments below, hit the
Speaker 1: thumbs up button and I'll talk to you all later.
Speaker 1: Two