Speaker 1: Hey everyone, Welcome into the Thinking Crypto podcast. You're home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward.
Speaker 1: On your way in. Please sit that subscribe button as
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Speaker 1: As you can probably see those of you watching on
Speaker 1: YouTube and rumble, I am not in my studio. I'm
Speaker 1: actually in Washington, DC. I'm recording from a conference room.
Speaker 1: But we got very important news that you need to
Speaker 1: know about. To make sure you watch and listen to
Speaker 1: the end. Okay, folks, let's start with the price of bitcoin,
Speaker 1: because of course there was a big pullback. Bitcoin currently
Speaker 1: sitting at just over sixty six thousand dollars. So are
Speaker 1: we heading lower. It's not one hundred percent confirmed as yet.
Speaker 1: Yes there are bear signals. Yes it looks like bitcoin's
Speaker 1: breaking out of the bear flag, but it is not
Speaker 1: in the over soul zone as yet, so there's still
Speaker 1: an opportunity for to move higher. And the other factor
Speaker 1: I'm looking at is that the stock market. You look
Speaker 1: at the S and P five hundred and Nasdaq. They're
Speaker 1: approaching levels of being oversold and even support levels that
Speaker 1: we've seen in a past where we could have a
Speaker 1: very strong bounce. Now that's not guaranteed. I think many
Speaker 1: of you know, we talk about different scenarios and what's
Speaker 1: the probability of them playing out. So I'm mainly looking
Speaker 1: at the stock market to be an indicator here for
Speaker 1: what crypto may do. So if the S and P
Speaker 1: five hundred and so forth the bounces, maybe over the
Speaker 1: next couple weeks or so, we could see Bitcoin continue
Speaker 1: its relief rally. Again, this is not a move to
Speaker 1: new all time highs, so we're going to see Bitcoin
Speaker 1: do its move and then all coins will follow. Now
Speaker 1: that could all be invalidated with some sort of negative
Speaker 1: news coming out about and Ran or much more. So,
Speaker 1: we are in very volatile times. But you know, looking
Speaker 1: at the charts with the S and P five hundred
Speaker 1: in the oversoul zone, I'm anticipating a bound sooner than later,
Speaker 1: and I hope that will work out well for crypto. Now,
Speaker 1: something that's interesting, Elon Musk appears to be starting to
Speaker 1: talk about bitcoin and crypto. Again, we've seen this before.
Speaker 1: This is nothing news. Someone tweeted at him saying, Hey, Elon,
Speaker 1: can you ask groc to animate some sort of picture
Speaker 1: here with an anime character with bitcoin with Bigcoin's logo
Speaker 1: in the bag? And he did it. And you know,
Speaker 1: Elon is very calculated, So that's why I'm sharing this
Speaker 1: news with you. We know that he does not tweet
Speaker 1: or say things without some sort of an agenda behind
Speaker 1: it or some motive, right, So the fact that he's
Speaker 1: starting to dabble a bit more into bitcoin conversation is
Speaker 1: something to pay attention to, especially as x is planning
Speaker 1: to launch its different payment systems and you know Elon's
Speaker 1: vision for exes to make it the we chat for
Speaker 1: the United States, So something to pay attention to. In addition,
Speaker 1: if we look at what big players are doing, they
Speaker 1: are accumulating, and here we have news that Trump backed
Speaker 1: American Bitcoin hits seventh thousand bitcoin as holdings expand rapidly.
Speaker 1: Now you got to ring between the lines here. Remember
Speaker 1: Trump and his family, whether you love them or hate them,
Speaker 1: they're about making money. And the fact that they are
Speaker 1: continuing to mind bitcoin, they're holding the bitcoin they're mining,
Speaker 1: even in the bear market. They're not selling guys, means
Speaker 1: they are anticipating higher prices, and I'm sure they're gonna
Speaker 1: wait for new all time highs to start taking their
Speaker 1: profits and so forth. So American bitcoin reserves reach seven
Speaker 1: thousand bitcoin, roughly tripling in under seven months, so very
Speaker 1: very interesting, even though the price of American bitcoin stock
Speaker 1: is not doing well. But the point is they're not
Speaker 1: even selling anything, they're just holding, so that is something
Speaker 1: to pay attention to. And on the ethereum front, Bitmine
Speaker 1: makes the biggest ether purchase in twenty twenty six, while
Speaker 1: other digital asset treasuries pull back. So Tom Lee's ethereum
Speaker 1: treasury bought more than seventy one thousand eight over the
Speaker 1: past week, wow, remaining the sole large corporate crypto buyer
Speaker 1: as strategy broke it's thirteen week bitcoin purchase streat. Now
Speaker 1: a lot of people are saying a lot of stuff
Speaker 1: about Michael Saylor's strategy, about how they stop buying, But
Speaker 1: they've done this on a like the end of quarters.
Speaker 1: They'll pause, right, so we're wrapping up Q one here.
Speaker 1: He'll probably start again in mid April or something along
Speaker 1: those lines. So nothing to read into there is just
Speaker 1: simply the whole reporting schedule and much more. Now, speaking
Speaker 1: of eth, be sure to check out my interview with
Speaker 1: Joseph Shalom, CEO Sharplink. He's a former black Rock executive.
Speaker 1: He was heading up BlackRock's crypto initiative. He helped him
Speaker 1: to launch that, and he's heading up a Sharplink, which
Speaker 1: is an e theorem treasury company. So that interview was
Speaker 1: published earlier today, so be sure to check it out. Now.
Speaker 1: The big news of the day, in my opinion, is
Speaker 1: the Labor Department today proposed the following an executive order
Speaker 1: from President Trump that directed regulators to expand access to
Speaker 1: digital assets and retirement portfolios. So, if we recall it,
Speaker 1: President Trump signed the Eggs Scative Order to open up
Speaker 1: for one case to invest in alternative assets. Now that's
Speaker 1: not just for crypto, it's and other items as well.
Speaker 1: But obviously we're a crypto podcast, so we're going to
Speaker 1: talk about the crypto aspect. And many people still don't
Speaker 1: have access to crypto in their retirement, so this would
Speaker 1: absolutely bring in tons of capital. So the US Department
Speaker 1: of Labor has proposed a rule, prompted by an August
Speaker 1: executive order from President Donald Trump, that would make it
Speaker 1: easier for for one K plans to include alternative assets
Speaker 1: such as cryptocurrencies, private equity, and real estate. If adopted,
Speaker 1: the rule would mark a shift from traditional stock and
Speaker 1: bond focus for one case, by allowing plan providers to
Speaker 1: add a broader mix of assets, including digital tokens and
Speaker 1: private market funds. Supporters say the change could improve diversification
Speaker 1: and reflect how people already invest outside of retirement accounts,
Speaker 1: while critics like Senator Elizabeth Warren warn it could workers
Speaker 1: to higher risks, fees, and potential losses. So again, this
Speaker 1: will be a massive on ramp for crypto as well
Speaker 1: as other assets. Now. Senator Cynthia Lumus weigh in on
Speaker 1: this news, saying, once again, President Trump is delivering for
Speaker 1: the American people. This landmark rule tears down bureaucratic barriers
Speaker 1: by putting digital assets on equal footing with every other
Speaker 1: acid class, hardworking Americans can finally build real wealth in
Speaker 1: their retirement accounts. So this is huge, folks, And as mentioned,
Speaker 1: it's a huge on ramp to allow more capital to
Speaker 1: come into the acid class. Now, folks, here's a quick
Speaker 1: word from our sponsor. This episode is brought to you
Speaker 1: by as a minor. We know crypto has been in
Speaker 1: a bear market. It's been pretty tough, and the strategy
Speaker 1: you want to employ while holding your assets is looking
Speaker 1: at how you can put them to work to get
Speaker 1: some sort of return, some sort of yield and rewards.
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Speaker 1: on simplifying bitcoin mining. You're not buying any machines, you're
Speaker 1: not buying hash rate, but as US doing the heavy
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Speaker 1: And as far as returns, the platform is showing a
Speaker 1: daily profit of one point two percent to one point
Speaker 1: five percent. Now that's what's advertised, but there's no guarantee here,
Speaker 1: and high returns always need scrutinies, so you want to
Speaker 1: make sure you do your research and go through everything here.
Speaker 1: But there's certainly the opportunity to earn. As with all things,
Speaker 1: there's going to be ebbs and flows depending on when
Speaker 1: mining operations are done, the hash rate, and much more.
Speaker 1: But again in this bear market, it is a better
Speaker 1: option than just having your assets sit there. So as
Speaker 1: A is integrating solar power and AI for efficient bitcoin mining,
Speaker 1: so they're doing things that are environmentally friendly. And again
Speaker 1: they're taking on the heavy load here and giving the
Speaker 1: opportunity to participate. So if you'd like to participate, it's
Speaker 1: very easy to sign up and there's no technical knowledge required.
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Speaker 1: you can get ten percent cash back on referrals. So again, folks,
Speaker 1: as we go through this bear market, this is a
Speaker 1: great option. It's not risk free, but it's an alternative
Speaker 1: angle than just holding. So if you'd like to learn more,
Speaker 1: to go to asamminer dot com. The link will be
Speaker 1: in the description. Okay, moving ahead, Charles Hoskinson's two hundred
Speaker 1: million dollar bet midnight goes live to tackle Crypto's biggest flaws,
Speaker 1: so Cardano. There hasn't been too many new updates around
Speaker 1: Cardona recently, but this is a big one. So Charles
Speaker 1: Hastenson debuted Midnight, a privacy focused blockchain built on Cardano
Speaker 1: that he says addresses Crypto's core usability and data exposure flaws.
Speaker 1: Midnight uses a hybrid model and selective disclosure so users
Speaker 1: and businesses can prove facts about themselves without revealing underlying
Speaker 1: personal data, aiming to make blockchain feel like a simple,
Speaker 1: modern app. Now, folks, we've talked a lot about privacy
Speaker 1: and why that's so important for institutions, So this is
Speaker 1: really great to see. I think a lot of blockchains
Speaker 1: have this on their roadmap. It's a high priority item
Speaker 1: because institutions are not going to let proprietary data, customer data,
Speaker 1: and private information just be exposed on the blockchain. They
Speaker 1: are obviously building with blockchain, sector tokenizing and doing much more,
Speaker 1: but the privacy layer is so important. It's why I've
Speaker 1: been talking a lot about the Canton work and that
Speaker 1: has privacy built into it and it's a public chain,
Speaker 1: and why I invested in a token. Now there's not
Speaker 1: going to be one blockchain to rule them all, or
Speaker 1: you know, one blockchain that's going to be winner. I
Speaker 1: believe there's going to be multiple winners. But this is
Speaker 1: where you can take your bets. So, funded personally by
Speaker 1: Hoskinson and distributed via a massive air drop to thirty
Speaker 1: seven million wallets, Midnight quickly reached a e valuation near
Speaker 1: one billion dollars and uses a dual token system to
Speaker 1: separate speculation of the Night token from the transactions fees,
Speaker 1: which is called dust the ust. So this is interesting
Speaker 1: in a big move here for Cardano. Now, speaking of
Speaker 1: institutions in blockchain Mitsubishi adopts JP Morgan's blockchain for corporate payments.
Speaker 1: So JP Morgan's Connectionus network is gaining traction among corporations
Speaker 1: as blockchain based payment rails scale toward ten billion dollars
Speaker 1: in daily transaction volume. Now, we've often talked about the
Speaker 1: future is going to be hybrid with institutions building their
Speaker 1: private permission wall gardens, which is fine, they can use
Speaker 1: that within their own system, but they're going to have
Speaker 1: to bridge to public chains, and we know JP Morgan's
Speaker 1: Connectus has already bridged to other chains like Onto as
Speaker 1: well as coinbases base the ethereum layer two. So don't
Speaker 1: be surprised if more banks do this, right, it's going
Speaker 1: to have to be the hybrid approach because these banks
Speaker 1: may want to do their own thing internally, but they
Speaker 1: got to go to public chains to get liquidity and settlement.
Speaker 1: So that's the big thing there. And you're going to
Speaker 1: see different institutions partner with different banks and they're going
Speaker 1: to form their little conglomerates and much more to be
Speaker 1: able to compete. So the point is, though, notice blockchain
Speaker 1: tech getting adopted here, right, So this is why JP
Speaker 1: morgan a should say Jamie diamond. For years bashing it
Speaker 1: because it disrupts, and now they're forced to bend a
Speaker 1: knee and adopt the technology and build with it. So
Speaker 1: really really incredible stuff. And here's another example, Swift, the
Speaker 1: whole banking messaging system or the old antiquitated messaging system
Speaker 1: now forced to use blockchain. Right. They were also nasiers
Speaker 1: and skeptics back in the day. Now, oh look at this.
Speaker 1: Our plans to build a blockchain based shared ledger have
Speaker 1: reached a major new milestone. This was tweeted out by
Speaker 1: the folks at Swift so they said, after completing its
Speaker 1: design phase with a global group of banks, we are
Speaker 1: now shaping the Ledger's first MVP iteration, which will enable
Speaker 1: interwopability between banks, tokenize deposits, and facilitate twenty four to
Speaker 1: seven cross border pavements. Folks send this type of news
Speaker 1: to people who are still skeptics. They don't understand what's
Speaker 1: happening here. Right. Sometimes they get too blinded by the
Speaker 1: crypto tokens and they don't understand the underlying technology of blockchain.
Speaker 1: Because of the blockchain technologies, that's why you have crypto tokens.
Speaker 1: The tokens are needed on many of these public chains
Speaker 1: because they can't function without them. Right. They're not a
Speaker 1: privately funded chain. They're public and there are different validators
Speaker 1: and participants and much more. So. That's the paradigm shift
Speaker 1: that's taking place, which a lot of people still can't grasp.
Speaker 1: They don't understand. Right. They still think of companies and
Speaker 1: stocks and they're like, how can a network function? How
Speaker 1: can you have a token? And how can you build it?
Speaker 1: But eventually, you know, everybody will get educated because I
Speaker 1: believe governments and institutions will educate them, and people are
Speaker 1: going to be using crypto or blockchain based technology and
Speaker 1: they won't even know it. So it's incredible what's being built.
Speaker 1: And even again the detractors and they sayers forced to
Speaker 1: adopt the technology. Okay, moving ahead, Midas raises fifty million
Speaker 1: dollars to tackle pain point for tokenized assets investors. So
Speaker 1: it's great to see capital still being raised and invested here.
Speaker 1: People are still bullish despite it being a bear market.
Speaker 1: So Midas raised fifty million dollars in a Series A
Speaker 1: round led by Urre and Creandum. If I'm saying that right,
Speaker 1: We're backing from Framework Ventures, Franklin Templeton and Coinbase Ventures.
Speaker 1: The company aims to help investors exit tokenize yield products faster,
Speaker 1: overcoming the weight for redemptions imposed by vault like structures
Speaker 1: that lock up capital. Midas will be using the funding
Speaker 1: to scale its Midas Stacked Liquidity system, a separate liquidity
Speaker 1: layer that enables instant redemptions by using pre allocated capital
Speaker 1: rather than unwinding positions on exit. So as the tokenization
Speaker 1: market heats up, you're going to see a lot of
Speaker 1: innovative things like this start to be developed. So you know,
Speaker 1: I've often stated if you have an idea, put that
Speaker 1: pitch deck together and go to these vcs and hedge funds, guys,
Speaker 1: you will get capital because this is the time everybody's
Speaker 1: looking to take your bed. Obviously you have to have
Speaker 1: a good idea, right But the tokenization market, you know,
Speaker 1: this is certainly an era where all the tread i
Speaker 1: find institutions are moving towards. Not to mention the crypto
Speaker 1: native firms, we know they're going to put all assets
Speaker 1: on chain. So if you want to even you know,
Speaker 1: get very specific or niche, you want to target real
Speaker 1: estate or gold, or stocks or equities, you know, as
Speaker 1: far as what's being tokenized, you can certainly do that.
Speaker 1: Or you know, collectibles and all these things that people
Speaker 1: find valuable that you know from a cultural standpoint, But
Speaker 1: incredible stuff being built here. Okay, moving ahead. Num n
Speaker 1: i u M launches stable coin card issuance platform across
Speaker 1: Visa and MasterCard. So the infrastructure being set up here
Speaker 1: for stable coins, tokenized assets, and much more. Let me
Speaker 1: give you the details. Global payments infrastructure provider NEUM has
Speaker 1: launched a platform that allows businesses to issue stable coin
Speaker 1: funded cards through Visa and MasterCard. In the latest development,
Speaker 1: enabling digital dollar balances to be spent at merchants using
Speaker 1: existing card networks. Neam said the system converts stable coin
Speaker 1: balances into Fiat at the point of sale and handle settlement,
Speaker 1: compliance and card network integration through a single integration. The
Speaker 1: tech company said it expects to be able to shorten
Speaker 1: the time require to launch stable coin card programs for
Speaker 1: months to days by consolidating conversions, settlement, and compliance into
Speaker 1: a single integration layer. So incredible the innovation that's happening,
Speaker 1: and the building is going to get much more easier
Speaker 1: where it's going to be you know, turn key, quick,
Speaker 1: out of the box setup is just we're in that
Speaker 1: building phase and eventually, you know a lot of companies
Speaker 1: are going to be able to easily launch or stable coin,
Speaker 1: tokenize assets, and much more. Okay, final news item, chain
Speaker 1: Link and Anchorage Digital back the launch of Crypto Aligned pack.
Speaker 1: So ahead of the November mid term elections, backers are
Speaker 1: lining up behind a new hybrid political action committee that
Speaker 1: allows contributions directly to candidates. So, guys, midterms are coming up.
Speaker 1: Anybody who's anti crypto is going to get their butt
Speaker 1: kicked again. If they didn't learn their lesson in twenty
Speaker 1: twenty four, so seven months ahead of the November midterm elections,
Speaker 1: Chain Link Labs and Anchorage Digital announced that they were
Speaker 1: the founding contributors to a political action committee to support
Speaker 1: candidates working to advance the digital asset and blockchain policy
Speaker 1: in the United States. In a Monday announcement, the two
Speaker 1: crypto companies said they were supporting the Blockchain Leadership Fund,
Speaker 1: a hybrid pack that allows contributions directly to candidates as
Speaker 1: well as independent expenditures such as media buys. So it's
Speaker 1: going to be a very interesting midterms guys. Obviously you
Speaker 1: have the traditional issues right economy are much more crypto
Speaker 1: is going to do. It's another round of fighting here.
Speaker 1: But the thing is we have to watch out for
Speaker 1: and I've heard about this on people in DC. The
Speaker 1: banks are building their war test this time around, because
Speaker 1: we know many of them are trying to fight stable
Speaker 1: one yield DeFi, So don't be surprised if the banks,
Speaker 1: you know, put up a lot of money. So it's
Speaker 1: going to be a heated midterm election guys. Let's see
Speaker 1: how it all plays out and how the DOST settles here.
Speaker 1: But incredible, what's happening, and folks, that's the news. Let
Speaker 1: me know what you think. Leave your thoughts in comments below,
Speaker 1: hit the thumbs up button subscribe. If you haven't as yet,
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Speaker 1: everything you need to know about crypto. It is packed
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Speaker 1: it out. Knowledge is power ex span your knowledge about
Speaker 1: crypto and blockchain technology. Folks, thank you so much for
Speaker 1: tuning in. I appreciate you all, and I'll talk to
Speaker 1: you all later