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<v Speaker 1>Hey, folks, welcome into the Thinking Crypto Podcasts. You're home

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<v Speaker 1>for cryptocurrency news and interviews. I'm your host, Tony Edward.

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<v Speaker 1>On your way in. Please sit that subscribe button as

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<v Speaker 1>well as a thumbs up button and leave a comment below.

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<v Speaker 1>If you're listening on a podcast platform such as Spotify

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<v Speaker 1>or Apple, please leave a five star rating and review. Folks.

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<v Speaker 1>Nothing new to report on the price front. We're still

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<v Speaker 1>waiting for bitcoin to start moving upwards. Some people are

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<v Speaker 1>saying there are still further CME gaps that bitcoin could

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<v Speaker 1>go down and test. We'll see what happens. But regardless

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<v Speaker 1>of the micro movement here on the daily and hourly,

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<v Speaker 1>from a macro perspective, we're headed to new all time

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<v Speaker 1>highs and I believe we're going to see a rally

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<v Speaker 1>sooner than later. So the market's going to do his

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<v Speaker 1>thing here. We just got to be patient. But we

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<v Speaker 1>do have some macro factors that could have an impact

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<v Speaker 1>on the market in a positive way. For example, this

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<v Speaker 1>week we're going to hear from the Fed. Wednesday is

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<v Speaker 1>the FOMC hearing, and Jerome Powell is expected to talk

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<v Speaker 1>about rate cuts. Now he's gotten some pressure from President

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<v Speaker 1>Trump and the administration recently, and I posted on X today,

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<v Speaker 1>I believe that he's not going to cut rates. They're

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<v Speaker 1>not going to cut rates now, but he could signal

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<v Speaker 1>with some duvish statements that they will potentially cut in September.

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<v Speaker 1>And remember, markets are forwardlooking, so that could really spark

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<v Speaker 1>a rally because they know rates are coming. It's kind

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<v Speaker 1>of the bider rum or sell the news event. So

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<v Speaker 1>let's see what happens on Wednesday, folks. Obviously I don't

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<v Speaker 1>have a crystal ball, but this is my prediction. But

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<v Speaker 1>a lot of the prediction markets out there. People are

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<v Speaker 1>betting no cuts now, but they are betting cuts in September.

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<v Speaker 1>So once again, we just need to signal from Jerome

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<v Speaker 1>that they are going to cut in September, and then

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<v Speaker 1>things could get very interesting for the market. I love

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<v Speaker 1>what Lynn Alden share today, and that is the Treasury.

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<v Speaker 1>The US Treasury released their borring estimates one point six

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<v Speaker 1>trillion dollars in net new debt issuance over the next

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<v Speaker 1>two quarters. About five hundred billion of it is in

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<v Speaker 1>the Treasury General Account refill, so they're doing kind of

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<v Speaker 1>a pseudo quantitative easy Janet Yellen was doing this under Biden.

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<v Speaker 1>So it's the same thing over and over. Nothing stops

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<v Speaker 1>the money printer. This is why we're invested in assets,

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<v Speaker 1>and we're invested in the fastest horse, bitcoin and crypto

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<v Speaker 1>in the asset race. Right, Nothing moves like bitcoin and crypto,

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<v Speaker 1>not real estate, not the stock market, not precious metals,

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<v Speaker 1>and so on and so forth. But we are in

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<v Speaker 1>a macro bull market and all of these asset classes,

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<v Speaker 1>real estate much more is following global liquidity. That's why

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<v Speaker 1>you're seeing new all time highs for all of them.

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<v Speaker 1>It's across the board. Not a lot of people understand

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<v Speaker 1>what is happening. They may see, for example, real estate

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<v Speaker 1>going up, but yet home sales are down. The reason

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<v Speaker 1>being global liquidity is going up higher and all these

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<v Speaker 1>assets are getting priced in that higher liquidity, right, if

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<v Speaker 1>you understand the economics of what's happening here. But the

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<v Speaker 1>same thing continues. Governments will continue to debase currency and

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<v Speaker 1>print more money, and that's going to drive up global liquidity.

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<v Speaker 1>But however, they do go into their quantitative tightening cycles.

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<v Speaker 1>So these are things you have to be prepared for

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<v Speaker 1>and think about and follow the macro cycles, watch the FED.

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<v Speaker 1>This is why You gotta be careful with narratives because

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<v Speaker 1>people will come tell you bull market's never gonna end,

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<v Speaker 1>it's gonna keep going on forever. It doesn't go on forever.

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<v Speaker 1>And just look at this folks, Berkshire Hathaway, which is

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<v Speaker 1>Warren Buffett. They are in one of their largest cash

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<v Speaker 1>positions right now. Warren has done this before major bear

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<v Speaker 1>markets and huge market crashes, like he did it in

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<v Speaker 1>nineteen ninety nine before the dot com bubble he was

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<v Speaker 1>in a huge cash position. He did it in two

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<v Speaker 1>thousand and six ahead of the two thousand and eight

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<v Speaker 1>financial crisis. He did it in twenty twenty one ahead

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<v Speaker 1>of the twenty twenty two bear market. And now he's

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<v Speaker 1>in a very large cash position. So you can imagine

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<v Speaker 1>he's ready to buy the blood on the streets. It's

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<v Speaker 1>what I've been telling you guys. Bull markets don't last forever.

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<v Speaker 1>There's gonna be a a lot of people pushing narratives,

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<v Speaker 1>but they won't give you data. They just say no,

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<v Speaker 1>this time's different. ETFs legislation, I sew to zero two

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<v Speaker 1>to two, and whatever narratives they decide to come up with,

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<v Speaker 1>right that the market must continue on and on. But

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<v Speaker 1>history is not on their side. So folks, I hope

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<v Speaker 1>you appreciate all the different factors I share with you

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<v Speaker 1>guys to give you a full view of the market landscape.

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<v Speaker 1>It's important to look at all these things. It's why

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<v Speaker 1>we track global liquidity. And folks, if you look at

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<v Speaker 1>the Federal Reserves website where the M two look at that,

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<v Speaker 1>the chart's going parabolic and it's not only to FED,

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<v Speaker 1>but you got central banks around the world which are

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<v Speaker 1>injecting liquidity and that's driving global equity higher and higher. Now,

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<v Speaker 1>as we've been monitoring, global liquidity is topping out right

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<v Speaker 1>now around October early November. So this is where as

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<v Speaker 1>I said in yesterday's podcast, I believe the blow off

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<v Speaker 1>top will be around then. Plus you have cryptical legislation

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<v Speaker 1>will be passed, the Market Structure Bill, that's a huge narrative.

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<v Speaker 1>And you got the delay in the US China tariffs

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<v Speaker 1>and that has been pushed back by three months and

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<v Speaker 1>that puts US in October. So multiple factors here signaling

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<v Speaker 1>potentially the top could be in that zone, so let's

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<v Speaker 1>wait and see. And something else that's interesting. You're starting

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<v Speaker 1>to see big names hedge fund guys and much more

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<v Speaker 1>coming out starting to talk about investing in crypto. They

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<v Speaker 1>usually do this when the rallies are heating up and

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<v Speaker 1>starting to get close to the top. It brings in

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<v Speaker 1>more liquidity. So look at this, Ray Dahlio suggests putting

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<v Speaker 1>fifteen percent in bitcoin gold amid us debt doom loop.

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<v Speaker 1>So Ray has said this before, right, he's I remember

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<v Speaker 1>in twenty twenty, twenty twenty one. Now he's back again

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<v Speaker 1>in another bull market. Now he's not wrong. The only thing,

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<v Speaker 1>you know, when you put these narratives out there, people

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<v Speaker 1>don't who don't understand market cycles. You know, they could

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<v Speaker 1>be left holding the bag. But you know, he's not

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<v Speaker 1>wrong that you should diversify and hold these assets. He's

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<v Speaker 1>absolutely right, and I think it's it's smart to do that.

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<v Speaker 1>But the timing is also important. Now if you're let's say,

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<v Speaker 1>buying now, and you're like, you know, I don't care.

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<v Speaker 1>I'm going to look at this from an eight to

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<v Speaker 1>ten year standpoint, and you're fine, because the market will

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<v Speaker 1>correct and then it will continue higher as global liquidity

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<v Speaker 1>continues to rise. It's just the cyclical patterns, and you

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<v Speaker 1>have a very long term view, you're fine that the

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<v Speaker 1>dips don't even matter because your time horizon is so huge.

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<v Speaker 1>So very interesting ray coming out, and we got an

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<v Speaker 1>article here that Trump eyes moving US economy further into

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<v Speaker 1>crypto via mortgages and four to one case. So I

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<v Speaker 1>covered these news items over the past month or so,

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<v Speaker 1>but it seems that we could hear about it with

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<v Speaker 1>the White House Crypto report that's going to be released

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<v Speaker 1>this week. Bo Hines had tweeted out about that, and

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<v Speaker 1>we know that the Housing section of the government they

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<v Speaker 1>already stated they're going to look at crypto for giving

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<v Speaker 1>mortgages via Fani Made and Freddie Mack. So that's a

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<v Speaker 1>huge win. And then Trump has been talking about opening

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<v Speaker 1>up four one k's and retirement accounts to be able

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<v Speaker 1>to invest in crypto. I think that's coming, folks. So

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<v Speaker 1>you could see a lot of capital open up and

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<v Speaker 1>it will be really amazing to see this play out,

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<v Speaker 1>especially as crypto legislation has passed. So see the timing

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<v Speaker 1>of all these things, right, It's all culminating to this

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<v Speaker 1>massive bullish narrative and it will lead to a lot

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<v Speaker 1>of liquidity. But as always, bull markets don't last forever.

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<v Speaker 1>There will be a top and then things are going

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<v Speaker 1>to have to correct. Is just the cyclical patterns of markets.

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<v Speaker 1>So it's not about being emotional, it's about the facts

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<v Speaker 1>and what has played out historically now, folks on the

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<v Speaker 1>four to one K front, you can get ahead of

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<v Speaker 1>that by setting up a self directed IRA with I

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<v Speaker 1>Trust Capital. You know, I Trust Capital allows you to

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<v Speaker 1>get these tax exemptions and benefits by setting up an IRA,

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<v Speaker 1>and they'll also have a great custodial service called a

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<v Speaker 1>Premium Custody account where you can safely store your crypto

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<v Speaker 1>right behind self custody on a hardware wallet. I believe

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<v Speaker 1>this is one of the safest options. They're using top

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<v Speaker 1>tier bank custody. They're also using coinbases prime institutional custody,

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<v Speaker 1>which black Rock uses, so it's top tier security, right,

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<v Speaker 1>you don't have to worry about, well, who's the custodian

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<v Speaker 1>and all these things. So you can get the benefits

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<v Speaker 1>of an IRA. You can get the custody of your

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<v Speaker 1>crypto assets and they support eighty plus crypto assets. Folks.

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<v Speaker 1>You can buy, sell trade in your IRA account. So

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<v Speaker 1>I Trust Capital I have an account with them, and

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<v Speaker 1>they support once again, all the top assets, bitcoins, a

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<v Speaker 1>lot of XRP and you can buy and sell crypto

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<v Speaker 1>twenty four to seven. There's low costs and no monthly fee, so, folks,

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<v Speaker 1>a great, great option here if you want to go

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<v Speaker 1>the four to one k ira retirement route and get

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<v Speaker 1>the tax benefits because you know when you sell you're

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<v Speaker 1>going to get hit accoun gains. But there's certainly a

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<v Speaker 1>big option here if you want to go this route.

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<v Speaker 1>And folks, if you sign up with my link, you

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<v Speaker 1>can get one hundred dollars funding bonus and that is

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<v Speaker 1>I Trustcapital dot com slash Thinking Crypto. The link will

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<v Speaker 1>be in the description. Check them out, folks. It's a

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<v Speaker 1>great option, as I mentioned, and I'm a user of

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<v Speaker 1>the platform. Now, huge news around PayPal. We know PayPal

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<v Speaker 1>has gone all in on crypto. They offer the ability

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<v Speaker 1>to invest in crypto on both PayPal and Venmo and

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<v Speaker 1>Venmo zoned by PayPal of course. Well, they've expanded their

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<v Speaker 1>crypto payments for US merchants to cut cross border fees.

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<v Speaker 1>So the new feature supports over one hundred cryptocurrencies and

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<v Speaker 1>major crypto wallets, aiming to simplify international commerce for US merchants. Folks.

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<v Speaker 1>This is a massive on and off ramp because if

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<v Speaker 1>you can use your crypto to spend with many merchants,

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<v Speaker 1>that's really great. Now, I do believe the US government

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<v Speaker 1>has to update the tax laws so that you're not

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<v Speaker 1>hit with a capital gains type of transaction. I think

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<v Speaker 1>Senator Lomis has tried to introduce legislation to get this done,

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<v Speaker 1>where certain transactions below a certain number will be taxes them.

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<v Speaker 1>So they feature connects shoppers crypto wallets and allows them

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<v Speaker 1>to spend their digital assets while the merchant receive US dollars.

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<v Speaker 1>The company aims to offer cheaper, faster cross border payments

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<v Speaker 1>than traditional card payment methods. So you see the ramp

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<v Speaker 1>up here right and on their ex profile, you know

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<v Speaker 1>they shared some screenshots and you can connect your respective

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<v Speaker 1>accounts from Coinbase, Binance, Meta mass crack in phantom OKX. Huge,

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<v Speaker 1>huge on rampair folks, and you can do a lot

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<v Speaker 1>of really cool things. So I love it. This is bullish.

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<v Speaker 1>PayPal is a massive payments giant. They have their own

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<v Speaker 1>stable coin as well, p y USD, so they're all

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<v Speaker 1>in on crypto. Yet there's people out there who say

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<v Speaker 1>this is all a scam. They don't understand. They just

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<v Speaker 1>read headlines, they haven't taken the next step to educate

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<v Speaker 1>themselves instead of reading headlines. So folks, count yourself lucky

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<v Speaker 1>you're here early, as these big players are building the

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<v Speaker 1>infrastructure for this technology and asset class. Now look at

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<v Speaker 1>this Circle. They announced today they have formed a partnership

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<v Speaker 1>with FIS Global, one of the largest financial technology companies

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<v Speaker 1>in the world, to bring support for USDC stable coin

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<v Speaker 1>and payments using Circle platforms to their large franchise of

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<v Speaker 1>financial institutions and banks. Another massive infrastructure on ramp here, folks,

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<v Speaker 1>and look who it's for, not necessarily retail, but financial

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<v Speaker 1>institutions and banks. So banks are going to be using

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<v Speaker 1>crypto in many different ways. Some are going to launch

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<v Speaker 1>their own stable coins. We've heard about that. So it's

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<v Speaker 1>really bullish to see news like this, folks, really really big.

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<v Speaker 1>Now Backed, which is owned by the parent company of

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<v Speaker 1>the New York Stock Exchange, the Intercontinental Exchange, they are

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<v Speaker 1>selling their loyalty business and will be pivoting to pure

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<v Speaker 1>play crypto offers shares as well. So back you know,

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<v Speaker 1>they were a powerhouse building crypto. In late twenty eighteen,

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<v Speaker 1>they were partnered with Starbucks and much more, but due

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<v Speaker 1>to the regulatory uncertainty the business was facing. You know,

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<v Speaker 1>it was Operation Choke point two point I was Gensler

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<v Speaker 1>and all these guys attacking crypto. It really slowed things

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<v Speaker 1>down for them. Plus I think the wife of the

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<v Speaker 1>owner of the New York Stock Exchange or the Intercontinential

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<v Speaker 1>Exchange had some political things going on, So it really

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<v Speaker 1>hurt the business overall. And you know, they it was

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<v Speaker 1>so promising because once again they were partnering with Microsoft

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<v Speaker 1>and Starbucks and much more. But now that it looks

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<v Speaker 1>like they're trying to find their way. But you know,

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<v Speaker 1>other players have come in and they've built and you know,

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<v Speaker 1>reapfrog them essentially. So BacT has sold its loyalty business

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<v Speaker 1>for eleven million dollars. The firm also announced public offering

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<v Speaker 1>of Class A shares and or pre funded warrant to

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<v Speaker 1>buy bitcoin and fund working capital. So let's see what

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<v Speaker 1>they come up with. I don't know how well they're

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<v Speaker 1>going to do, but they had it. They were off

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<v Speaker 1>to a great start and they lost a ton of momentum,

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<v Speaker 1>and now it looks like the business is struggling and

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<v Speaker 1>they're trying to find a way. But let's see, maybe

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<v Speaker 1>they're able to make a comeback, folks. So Trump's Truth

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<v Speaker 1>Social Bitcoin ETF among multiple crypto funds delayed by the SEC.

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<v Speaker 1>So good to see the SEC is not playing favorites here.

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<v Speaker 1>They've delayed grade scale bit wise, even Trump's Truth Social

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<v Speaker 1>Bitcoin ETF and much more. I'm not sure what the

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<v Speaker 1>delay is. I personally think with regards to all coin ETFs,

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<v Speaker 1>the SEC is waiting for Congress to pass the market

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<v Speaker 1>structure crypto legislation. But we'll see what they do here.

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<v Speaker 1>You know, maybe they approve it in September. I don't know,

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<v Speaker 1>you know, it's it's hard to tell what's happening. I'm

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<v Speaker 1>trying to get an interview with SEC Chairman Paul Atkins

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<v Speaker 1>and see what we can discuss. But at least once again,

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<v Speaker 1>they're not playing favorites. They's just delaying everything. And it

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<v Speaker 1>could be, you know, they're waiting for September. Maybe cool

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<v Speaker 1>sure to when the market Structure bill has passed into law. Folks.

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<v Speaker 1>That's the news. Let me know what you think. Leave

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<v Speaker 1>your thoughts and comments below hit the thumbs up button.

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<v Speaker 1>A great way you can support me in the podcast

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<v Speaker 1>is by subscribing to my free email and newsletter it's

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<v Speaker 1>one hundred percent free. It's on Substack. Check out my

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<v Speaker 1>book on Amazon. It's available in paperback and digital, and

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<v Speaker 1>check out my course at Mycrypto course dot com. This

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<v Speaker 1>is a comprehensive course that teaches you every aspect of crypto.

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<v Speaker 1>Knowledge is power expand your knowledge to learn what is

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<v Speaker 1>happening with this technology and all the different facets of it.

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<v Speaker 1>So once again to go to Mycrypto course dot com.

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<v Speaker 1>The link will be in the description. Folks, thank you

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<v Speaker 1>so much for watching and listening. I appreciate you all

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