WEBVTT

1
00:00:04.759 --> 00:00:07.839
<v Speaker 1>Hey, folks, welcome into the Thinking Crypto podcast. You're home

2
00:00:07.919 --> 00:00:11.640
<v Speaker 1>for cryptocurrency news and interviews. I'm your host, Tony Edward

3
00:00:11.720 --> 00:00:14.240
<v Speaker 1>on your weight in. Please sit that subscribe button as

4
00:00:14.240 --> 00:00:16.480
<v Speaker 1>well as the thumbs up button and leave a comment below.

5
00:00:16.719 --> 00:00:19.320
<v Speaker 1>If you're listening on a podcast platform such as Spotify

6
00:00:19.399 --> 00:00:22.879
<v Speaker 1>or Apple, please leave a five star rating and review. Folks,

7
00:00:22.920 --> 00:00:25.160
<v Speaker 1>there's not too much to talk about as relates to

8
00:00:25.199 --> 00:00:28.039
<v Speaker 1>the price. We're still seeing a lot of volatility and chop,

9
00:00:28.120 --> 00:00:30.480
<v Speaker 1>but the macro structure is still intact. As we've been

10
00:00:30.559 --> 00:00:34.079
<v Speaker 1>discussing in the past podcasts, I've been outlining in my

11
00:00:34.159 --> 00:00:36.799
<v Speaker 1>newsletter as well, So we got to give the market

12
00:00:36.799 --> 00:00:41.039
<v Speaker 1>more time here to see the decisive move here. As

13
00:00:41.039 --> 00:00:43.320
<v Speaker 1>I've been saying, there is a bear scenario, there is

14
00:00:43.399 --> 00:00:46.079
<v Speaker 1>a probability of that scenario playing out, but I believe

15
00:00:46.119 --> 00:00:48.600
<v Speaker 1>the higher probability is that we are still in a

16
00:00:48.600 --> 00:00:52.320
<v Speaker 1>bull market based on macro factors. Right now, the Bitcoin

17
00:00:52.399 --> 00:00:55.520
<v Speaker 1>Fear and Greed Index is in extreme fear. So let's

18
00:00:55.520 --> 00:00:57.719
<v Speaker 1>see what the market does later this week even into

19
00:00:57.759 --> 00:01:01.719
<v Speaker 1>next week. As we've seen, when the sentiment gets this

20
00:01:01.960 --> 00:01:06.280
<v Speaker 1>bad and the herd is all feeling depressed and sad

21
00:01:06.319 --> 00:01:09.200
<v Speaker 1>and fearful and so forth. That's when the whales through

22
00:01:09.200 --> 00:01:12.959
<v Speaker 1>the opposite. So it's a patients game here. Now. Something

23
00:01:13.000 --> 00:01:17.480
<v Speaker 1>that's interesting, we're starting to see the FED inject liquidity

24
00:01:17.840 --> 00:01:21.000
<v Speaker 1>doing pseudo or stealth QI if you want to call

25
00:01:21.040 --> 00:01:23.400
<v Speaker 1>it that, not full on QUI, and this is via

26
00:01:23.519 --> 00:01:28.239
<v Speaker 1>the reverse repo market. They apparently injected another twenty four

27
00:01:28.319 --> 00:01:31.319
<v Speaker 1>billion dollars in over the past five days. It's totally

28
00:01:31.359 --> 00:01:35.400
<v Speaker 1>one hundred and twenty five billion. So could this liquidity

29
00:01:35.439 --> 00:01:37.680
<v Speaker 1>make its way back to the market. I think so.

30
00:01:37.959 --> 00:01:40.799
<v Speaker 1>We saw this in twenty twenty three with the banking

31
00:01:41.040 --> 00:01:44.760
<v Speaker 1>regional banking situation and how they did all that, and

32
00:01:44.840 --> 00:01:47.599
<v Speaker 1>even liquidity injections along the way from the Treasury and

33
00:01:47.719 --> 00:01:52.640
<v Speaker 1>much more so, clearly they are trying to prevent some

34
00:01:52.719 --> 00:01:55.640
<v Speaker 1>sort of collapse here, and it's what they've been doing

35
00:01:55.640 --> 00:01:59.239
<v Speaker 1>for a long time. So this is why the foundational

36
00:01:59.359 --> 00:02:03.920
<v Speaker 1>thesis why we're investing in assets is that these central banks,

37
00:02:04.120 --> 00:02:07.239
<v Speaker 1>including the FED, will continue to print in debase currency

38
00:02:07.280 --> 00:02:10.280
<v Speaker 1>and that's going to steal your purchasing power of your cash,

39
00:02:10.280 --> 00:02:12.240
<v Speaker 1>your FIAT. So that's why you have to take some

40
00:02:12.319 --> 00:02:14.960
<v Speaker 1>of that FIAT and put it into assets that will

41
00:02:15.280 --> 00:02:19.199
<v Speaker 1>outpace that debasement and the inflation. So the same inflation

42
00:02:19.280 --> 00:02:21.719
<v Speaker 1>that's driving up the price of services and goods is

43
00:02:21.800 --> 00:02:25.000
<v Speaker 1>also driving up your asset prices. So this is the

44
00:02:25.039 --> 00:02:28.919
<v Speaker 1>macro thesis, right, And once you understand this, you know

45
00:02:29.000 --> 00:02:31.960
<v Speaker 1>where to position yourself and be patient because it's the

46
00:02:32.039 --> 00:02:34.639
<v Speaker 1>long game that we're playing here. Now. There is some

47
00:02:34.680 --> 00:02:37.960
<v Speaker 1>cyclicality to the markets, like the for you, liquidity cycle,

48
00:02:38.039 --> 00:02:42.439
<v Speaker 1>not the having, but the liquidity cycle, which I believe

49
00:02:42.680 --> 00:02:44.560
<v Speaker 1>some of that is being delayed a bit because of

50
00:02:44.599 --> 00:02:46.840
<v Speaker 1>the Trump tariffs, and I've been saying it's pushing the

51
00:02:46.879 --> 00:02:50.800
<v Speaker 1>bull market into twenty twenty six. So this is a

52
00:02:50.840 --> 00:02:54.800
<v Speaker 1>positive sign, not that I'm for this or I'm endorsing this,

53
00:02:54.919 --> 00:02:57.879
<v Speaker 1>but rather we know the liquidity will make its way

54
00:02:59.039 --> 00:03:01.919
<v Speaker 1>to assets. They will continue to go higher. Now we

55
00:03:01.960 --> 00:03:05.199
<v Speaker 1>continue to see digital asset treasury companies buy, so they're

56
00:03:05.240 --> 00:03:08.800
<v Speaker 1>buying the dips. Tom Lee's Bitmine Immersion acquires an additional

57
00:03:08.879 --> 00:03:12.960
<v Speaker 1>three hundred million dollars in Ether, bringing holdings to thirteen

58
00:03:13.000 --> 00:03:17.560
<v Speaker 1>point seven billion dollars. That's incredible. Michael Sailor's Strategy also

59
00:03:17.680 --> 00:03:20.360
<v Speaker 1>bought some bitcoin. They bought three hundred and ninety seven

60
00:03:20.400 --> 00:03:23.120
<v Speaker 1>bitcoin at an approximate price of one hundred and fourteen

61
00:03:23.599 --> 00:03:26.639
<v Speaker 1>seven hundred and seventy one dollars per bitcoin. So this

62
00:03:26.800 --> 00:03:30.080
<v Speaker 1>is very telling as well that these guys are buying

63
00:03:30.919 --> 00:03:33.840
<v Speaker 1>in this uncertainty where some people are saying the top

64
00:03:33.919 --> 00:03:39.400
<v Speaker 1>is in right, So very interesting here. And Tom Lee specifically,

65
00:03:39.439 --> 00:03:42.159
<v Speaker 1>he was on CNBC either I think it was today, Yeah,

66
00:03:42.360 --> 00:03:44.599
<v Speaker 1>and he was saying that he expects the bull market

67
00:03:44.639 --> 00:03:47.479
<v Speaker 1>to continue in the end the year strong, a big rally.

68
00:03:48.360 --> 00:03:50.000
<v Speaker 1>And he said, you know some of the things I've

69
00:03:50.000 --> 00:03:52.400
<v Speaker 1>been talking about on the podcast, and that is government

70
00:03:52.479 --> 00:03:57.240
<v Speaker 1>shut down, these things resolving, the FED continuing to cut rates,

71
00:03:57.719 --> 00:04:01.639
<v Speaker 1>and you know, signals of not necessarily that they're going

72
00:04:01.680 --> 00:04:04.800
<v Speaker 1>to hit the printer and start going full on QI,

73
00:04:04.840 --> 00:04:08.560
<v Speaker 1>but the markets just need to signal right. And I

74
00:04:08.599 --> 00:04:11.159
<v Speaker 1>think he's right now. He could be wrong. We don't

75
00:04:11.159 --> 00:04:13.960
<v Speaker 1>blindly follow people. I don't want you to blindly follow me.

76
00:04:14.039 --> 00:04:16.160
<v Speaker 1>I always tell you guys, do your own research and

77
00:04:16.240 --> 00:04:19.360
<v Speaker 1>also get different point of views, right, never follow anybody

78
00:04:19.480 --> 00:04:22.199
<v Speaker 1>like a cult because we're all human beings. We can

79
00:04:22.240 --> 00:04:24.480
<v Speaker 1>get things wrong, but we want to make sure we're

80
00:04:24.519 --> 00:04:26.959
<v Speaker 1>focusing on the data and the facts, not made up

81
00:04:26.959 --> 00:04:30.240
<v Speaker 1>fairy tales, not our emotions, because that will wreck you

82
00:04:30.279 --> 00:04:33.600
<v Speaker 1>in the markets, right, So very interesting that these folks

83
00:04:33.639 --> 00:04:36.639
<v Speaker 1>are buying. All right, We got some very big news

84
00:04:36.680 --> 00:04:39.360
<v Speaker 1>out of Ripple today, lots of big news. So first up,

85
00:04:39.560 --> 00:04:42.319
<v Speaker 1>Ripple Prime breaks ground in the US today with the

86
00:04:42.360 --> 00:04:46.879
<v Speaker 1>launch of Digital Assets spot Prime brokerage capabilities allowing clients

87
00:04:46.879 --> 00:04:51.120
<v Speaker 1>to execute OTC spot transactions across the most prominent digital

88
00:04:51.160 --> 00:04:56.360
<v Speaker 1>assets and stable coins, including XRP and rl USD. So

89
00:04:57.600 --> 00:05:01.839
<v Speaker 1>there was also announcement that ripples are LUSD has officially

90
00:05:01.879 --> 00:05:05.399
<v Speaker 1>crossed over a one billion dollar market cap, so that's

91
00:05:05.439 --> 00:05:09.000
<v Speaker 1>pretty great growth there. And they said with Ripple Prime,

92
00:05:09.120 --> 00:05:12.120
<v Speaker 1>g Treasury and rail now joining the effort, our l

93
00:05:12.240 --> 00:05:16.920
<v Speaker 1>USD and XRP will drive faster, efficient and compliance settlement worldwide.

94
00:05:17.120 --> 00:05:19.399
<v Speaker 1>This is how we advance the future of finance. So

95
00:05:20.000 --> 00:05:23.600
<v Speaker 1>big news for Ripple stable coin and even the adoption

96
00:05:23.680 --> 00:05:28.399
<v Speaker 1>of XRP. Ripple also made a new acquisition, so they said, here,

97
00:05:28.480 --> 00:05:34.920
<v Speaker 1>institutional grade acid custody just got supercharge. We're acquiring Palisade Incorporated.

98
00:05:35.480 --> 00:05:39.800
<v Speaker 1>And on Palisade's profile it says a digital asset custody

99
00:05:39.839 --> 00:05:44.879
<v Speaker 1>infrastructure company. Palisade offers a fast and scalable wallet solution

100
00:05:45.079 --> 00:05:48.800
<v Speaker 1>ideal for on and off ramps and global corporate payments.

101
00:05:49.040 --> 00:05:54.120
<v Speaker 1>This integration accelerates value transfer across Ripple Payments and Ripple custody.

102
00:05:54.439 --> 00:05:57.879
<v Speaker 1>Secure custody enables the on chain economy from safe storage

103
00:05:57.920 --> 00:06:02.240
<v Speaker 1>to seamless transfer where building the Internet of value. Big

104
00:06:02.240 --> 00:06:05.360
<v Speaker 1>news here. Ripple continues to make huge acquisitions, building out

105
00:06:05.399 --> 00:06:09.759
<v Speaker 1>their network and being able to service different financial institutions

106
00:06:09.800 --> 00:06:12.680
<v Speaker 1>across the globe. And of course they're pushing their stable

107
00:06:12.680 --> 00:06:15.519
<v Speaker 1>coin r OUSD, which is built on the XRP ledger

108
00:06:15.519 --> 00:06:18.639
<v Speaker 1>and etherorem and of course the use of XRP and

109
00:06:18.680 --> 00:06:23.360
<v Speaker 1>the XRP ledger where possible, So very big news here now, folks,

110
00:06:23.439 --> 00:06:26.319
<v Speaker 1>a great place where you can buy, sell, steak your

111
00:06:26.360 --> 00:06:29.600
<v Speaker 1>crypto assets is on Uphold. So I've been a user

112
00:06:29.639 --> 00:06:31.839
<v Speaker 1>of this platform since twenty eighteen. They're one of my

113
00:06:31.879 --> 00:06:34.920
<v Speaker 1>go to exchanges. I've never had any issues or problems

114
00:06:34.920 --> 00:06:38.319
<v Speaker 1>with them. They've always been reliable and they offer staking

115
00:06:38.360 --> 00:06:41.279
<v Speaker 1>on twenty plus crypto assets and they also offer three

116
00:06:41.319 --> 00:06:44.879
<v Speaker 1>hundred plus crypto assets, so you can get access to

117
00:06:44.959 --> 00:06:47.800
<v Speaker 1>all of the top coins. And best of all, folks,

118
00:06:47.839 --> 00:06:50.480
<v Speaker 1>they are fully reserved. They don't commingle or lend out

119
00:06:50.480 --> 00:06:53.639
<v Speaker 1>your crypto assets, and you can review their transparency report

120
00:06:53.759 --> 00:06:56.680
<v Speaker 1>on their website. In addition, they offer a rewards program

121
00:06:56.720 --> 00:06:58.519
<v Speaker 1>where you can earn up to five point twenty five

122
00:06:58.560 --> 00:07:01.480
<v Speaker 1>percent on stable coins. You can also get twenty four

123
00:07:01.519 --> 00:07:04.199
<v Speaker 1>hour early access to new tokens that they list. So

124
00:07:04.240 --> 00:07:07.240
<v Speaker 1>the stable coins they support includes Ripples, r L, USD

125
00:07:07.360 --> 00:07:10.839
<v Speaker 1>where you earn up to five percent there, USBC where

126
00:07:10.839 --> 00:07:12.800
<v Speaker 1>you earn up to five point two five percent there,

127
00:07:12.839 --> 00:07:15.800
<v Speaker 1>and USDC which is issued by Circle. You earn up

128
00:07:15.839 --> 00:07:18.480
<v Speaker 1>to two percent there and to participate, you simply have

129
00:07:18.519 --> 00:07:20.920
<v Speaker 1>to log into the app once per month, deposit fifty

130
00:07:20.959 --> 00:07:23.319
<v Speaker 1>dollars once per month, and trade fifty dollars once per month.

131
00:07:23.399 --> 00:07:26.439
<v Speaker 1>So pretty straightforward. So once again, Uphold is a great platform.

132
00:07:26.519 --> 00:07:28.920
<v Speaker 1>I've used them for many years and they got a

133
00:07:28.959 --> 00:07:31.800
<v Speaker 1>lot of different products and features, so check them out.

134
00:07:31.839 --> 00:07:35.000
<v Speaker 1>The link will be in the description now, folks, huge

135
00:07:35.240 --> 00:07:37.160
<v Speaker 1>chain link news mighty if you know I hoole link

136
00:07:37.199 --> 00:07:39.879
<v Speaker 1>in my portfolio. I'm very bullish on this project. I've

137
00:07:39.920 --> 00:07:43.399
<v Speaker 1>often stated we see chain links getting adoption from tradfying

138
00:07:44.040 --> 00:07:48.800
<v Speaker 1>blockchain projects and crypto native companies. So their products and

139
00:07:48.879 --> 00:07:53.120
<v Speaker 1>solutions are amazing, guys. It's solving a real problem and

140
00:07:53.160 --> 00:07:56.399
<v Speaker 1>it's enabling a lot of cool features in the crypto

141
00:07:56.480 --> 00:08:00.839
<v Speaker 1>industry with their price articles and so forth. And guys,

142
00:08:00.879 --> 00:08:03.399
<v Speaker 1>Tomorrow and Wednesday, I will be a chaining smart coon

143
00:08:03.839 --> 00:08:08.120
<v Speaker 1>doing interviews, so I'll be interviewing some really great guests,

144
00:08:08.120 --> 00:08:12.240
<v Speaker 1>So stay tuned for those interviews. So the FTSE Russell

145
00:08:12.360 --> 00:08:15.959
<v Speaker 1>taps Chainlink to bring Russell one thousand and other index

146
00:08:16.040 --> 00:08:20.720
<v Speaker 1>data on chain. What a headline. That is pretty incredible, guys.

147
00:08:20.759 --> 00:08:24.759
<v Speaker 1>So leading crypto oracle provider chain Link has inked a

148
00:08:24.839 --> 00:08:29.120
<v Speaker 1>partnership with FTSE Russell to bring its indices and market

149
00:08:29.160 --> 00:08:33.200
<v Speaker 1>data on chain. This includes data from major global indices

150
00:08:33.360 --> 00:08:36.919
<v Speaker 1>like the Russell one thousand, Russell two thousand, Russell three thousand,

151
00:08:36.919 --> 00:08:42.480
<v Speaker 1>and other FTSE products. FTSSE Russell will onboard its data

152
00:08:42.559 --> 00:08:47.039
<v Speaker 1>using chain links institutional grade data publishing service data Link.

153
00:08:47.360 --> 00:08:50.639
<v Speaker 1>The data will now be accessible twenty four to seven

154
00:08:50.679 --> 00:08:54.440
<v Speaker 1>across multiple blockchains, according to an announcement on Monday. So

155
00:08:54.480 --> 00:08:57.399
<v Speaker 1>you see how trad file is using this technology to

156
00:08:57.519 --> 00:08:59.480
<v Speaker 1>become twenty four to seven. So it's what we've been

157
00:08:59.519 --> 00:09:02.799
<v Speaker 1>talking about for a long time. The token economy Crypto

158
00:09:02.840 --> 00:09:05.240
<v Speaker 1>has been running twenty four to seven three sixty five,

159
00:09:05.639 --> 00:09:09.039
<v Speaker 1>no holidays, no opening and closing bills for years now.

160
00:09:09.440 --> 00:09:12.320
<v Speaker 1>The trad five markets stock market are much more are

161
00:09:12.399 --> 00:09:15.799
<v Speaker 1>trying to do that right. So data Link, previously tapped

162
00:09:15.799 --> 00:09:19.440
<v Speaker 1>by major data purveyors like Deutsche Bores and S and

163
00:09:19.480 --> 00:09:23.320
<v Speaker 1>P Global, is used by thousands of decentralized apps and

164
00:09:23.399 --> 00:09:27.840
<v Speaker 1>integrated with dozens of blockchains. Data providers integrate with data Link,

165
00:09:27.919 --> 00:09:31.120
<v Speaker 1>which then pushes data to chain links nodes, making it

166
00:09:31.200 --> 00:09:35.039
<v Speaker 1>accessible to smart contracts. This is really great, guys, and

167
00:09:35.080 --> 00:09:37.399
<v Speaker 1>it's just one of the reasons I am bullish on

168
00:09:37.519 --> 00:09:40.279
<v Speaker 1>chain Link. Guys. I've just been studying this project and

169
00:09:40.279 --> 00:09:42.919
<v Speaker 1>look in all the different aspects and it is getting

170
00:09:43.039 --> 00:09:48.200
<v Speaker 1>real world adoption. So here's another example. Brazil Hong Kong

171
00:09:48.320 --> 00:09:53.360
<v Speaker 1>test cross border blockchain trade system via chain link. Wow,

172
00:09:54.080 --> 00:09:57.840
<v Speaker 1>you got banks leveraging chain link. Heres. So Brazilian digital

173
00:09:57.879 --> 00:10:02.159
<v Speaker 1>bank banko inter has Co completed a blockchain based international

174
00:10:02.200 --> 00:10:05.440
<v Speaker 1>trade finance pilot with chain Link the Central Bank of

175
00:10:05.840 --> 00:10:10.519
<v Speaker 1>Brazil and the Hong Kong Monetary Authority, showcasing how distributed

176
00:10:10.600 --> 00:10:15.000
<v Speaker 1>ledger technology can simplify cross border settlement. The experiment took

177
00:10:15.039 --> 00:10:19.200
<v Speaker 1>place under Phase two of Brazil's Directs Central Bank Digital

178
00:10:19.240 --> 00:10:24.000
<v Speaker 1>Currency Project and simulated the settlement of export transactions between

179
00:10:24.080 --> 00:10:28.799
<v Speaker 1>Brazil's Directs network and Hong Kong's Ensembol platform. A blockchain

180
00:10:28.879 --> 00:10:34.639
<v Speaker 1>system developed under the hkma's project and Symbol initiative, Chainlink

181
00:10:34.720 --> 00:10:40.120
<v Speaker 1>provided the interoperability infrastructure connecting the two networks. According to

182
00:10:40.279 --> 00:10:44.399
<v Speaker 1>Banco inter banko Intro has previously worked with chain Link,

183
00:10:44.519 --> 00:10:48.720
<v Speaker 1>including in an earlier Phase two pilot of Brazil's DRES

184
00:10:48.840 --> 00:10:54.360
<v Speaker 1>digital Currency project. Incredible adoption and we're just seeing banks

185
00:10:54.480 --> 00:10:59.600
<v Speaker 1>and the other major institutions leveraging blockchain technologies in different ways.

186
00:10:59.600 --> 00:11:03.039
<v Speaker 1>So very bullish. Now look at this news related to

187
00:11:03.080 --> 00:11:05.799
<v Speaker 1>the Canton network. And remember I've been talking about that

188
00:11:05.879 --> 00:11:09.000
<v Speaker 1>this is a coin I want to invest in. It's

189
00:11:09.000 --> 00:11:12.519
<v Speaker 1>not on the major exchanges yet, so once it's available,

190
00:11:12.600 --> 00:11:14.240
<v Speaker 1>I'll let you guys know if I take a position,

191
00:11:14.759 --> 00:11:16.519
<v Speaker 1>I don't want to buy into a pump, so I've

192
00:11:16.519 --> 00:11:19.240
<v Speaker 1>often stated, I wait till there's blood on the streets

193
00:11:19.240 --> 00:11:21.960
<v Speaker 1>and then I buy. But this project, I interviewed the

194
00:11:22.320 --> 00:11:25.240
<v Speaker 1>folks who are building it. You've all Ruse of the

195
00:11:25.360 --> 00:11:28.960
<v Speaker 1>company called Digital asset and many banks are backing this

196
00:11:29.080 --> 00:11:32.240
<v Speaker 1>blockchain because it's a public blockchain with privacy built in.

197
00:11:32.840 --> 00:11:36.639
<v Speaker 1>But look at this. Theerrammune, if I'm saying that right,

198
00:11:36.840 --> 00:11:40.240
<v Speaker 1>raises five hundred and forty million dollars with ARC invest As,

199
00:11:40.320 --> 00:11:43.600
<v Speaker 1>Kathy Wood, DRW, crack in the Exchange, and others to

200
00:11:43.679 --> 00:11:48.960
<v Speaker 1>build canton Coin treasury. Big names backing this to build

201
00:11:49.000 --> 00:11:51.879
<v Speaker 1>a digital asset treasury company for the Canton coin. And

202
00:11:51.919 --> 00:11:55.360
<v Speaker 1>this coin is not even in the open market yet.

203
00:11:55.879 --> 00:12:00.879
<v Speaker 1>So Nasdaq listed Therammune Incorporated said Monday it raised about

204
00:12:00.879 --> 00:12:04.039
<v Speaker 1>five hundred and forty million dollars in a private placement

205
00:12:04.480 --> 00:12:08.360
<v Speaker 1>to fund a new digital asset treasury strategy centered on

206
00:12:08.440 --> 00:12:11.879
<v Speaker 1>the canton Coin. The token powers the Canton Network, a

207
00:12:11.960 --> 00:12:16.120
<v Speaker 1>blockchain built to link regulated institutions through a privacy enabled

208
00:12:16.159 --> 00:12:21.039
<v Speaker 1>system supporting atomic settlement across multiple asset classes. The deal,

209
00:12:21.159 --> 00:12:25.720
<v Speaker 1>priced at three dollars and just about over seven cents

210
00:12:25.759 --> 00:12:29.600
<v Speaker 1>per share, is expected to close around November six. Investors

211
00:12:29.639 --> 00:12:33.840
<v Speaker 1>include DRW, Liberty City Ventures, ARC invest, broad Ridge, Kraken,

212
00:12:34.240 --> 00:12:37.879
<v Speaker 1>and Polychain Capital, among others. Last week, Bloomberg reported that

213
00:12:38.039 --> 00:12:42.120
<v Speaker 1>trading from DRW Holdings and Liberty City Ventures would contribute

214
00:12:42.159 --> 00:12:44.960
<v Speaker 1>a portion of the Treasury's funds directly in the form

215
00:12:45.039 --> 00:12:49.039
<v Speaker 1>of canton coins, which are not yet listed on crypto exchanges.

216
00:12:49.080 --> 00:12:53.320
<v Speaker 1>So again, do your own research, right, don't just follow

217
00:12:53.360 --> 00:12:55.879
<v Speaker 1>me blindly. Like I said, guys, I'm just being realistic

218
00:12:55.919 --> 00:12:57.720
<v Speaker 1>with you all. But this is a project I am

219
00:12:57.759 --> 00:13:02.679
<v Speaker 1>watching very closely, and after my interview with u al Ruse,

220
00:13:03.240 --> 00:13:06.000
<v Speaker 1>I realize what the hell is happening the folks who

221
00:13:06.039 --> 00:13:09.879
<v Speaker 1>are involved, Goldman Zachs and a bunch of other banks

222
00:13:10.519 --> 00:13:13.799
<v Speaker 1>involved with this project. So this is a point I'm

223
00:13:13.799 --> 00:13:16.240
<v Speaker 1>going to be looking to buy the dip on, not

224
00:13:16.360 --> 00:13:19.480
<v Speaker 1>buy the pump, right. I hope you're learning my approach

225
00:13:19.559 --> 00:13:21.960
<v Speaker 1>here and how you got approach it. You don't go

226
00:13:22.039 --> 00:13:24.279
<v Speaker 1>with the herd buying the pump. You go when people

227
00:13:24.279 --> 00:13:27.120
<v Speaker 1>are scared, like right now, that's the time to be

228
00:13:27.159 --> 00:13:30.120
<v Speaker 1>buying now. Obviously there are nuances to that. You know,

229
00:13:30.279 --> 00:13:32.720
<v Speaker 1>are we in a bayer market and a massive downtrend

230
00:13:32.799 --> 00:13:35.399
<v Speaker 1>right like that? Would we would be like buying in

231
00:13:35.519 --> 00:13:37.799
<v Speaker 1>twenty twenty two when you know the price is about

232
00:13:37.799 --> 00:13:40.320
<v Speaker 1>to collapse further? So are there some nuances there with

233
00:13:40.360 --> 00:13:44.000
<v Speaker 1>the timeline. But nevertheless, it's always I think a good

234
00:13:44.159 --> 00:13:47.240
<v Speaker 1>time to buy when this blood on the streets. You know,

235
00:13:47.279 --> 00:13:50.159
<v Speaker 1>it's like Warren Buffett said, be greedy when others are fearful,

236
00:13:50.159 --> 00:13:53.279
<v Speaker 1>and fearful when others are greedy. So big news here

237
00:13:53.279 --> 00:13:57.559
<v Speaker 1>for the Canton network. Now, speaking of tokenization, tokenized treasuries

238
00:13:57.639 --> 00:14:01.519
<v Speaker 1>cross eight point six billion dollars as banks and exchanges

239
00:14:01.600 --> 00:14:05.799
<v Speaker 1>push collateral use. So we are seeing the tokenization race

240
00:14:06.039 --> 00:14:09.799
<v Speaker 1>and utility heat up here. So tokenized US treasury is

241
00:14:09.840 --> 00:14:14.360
<v Speaker 1>the largest class of real world assets after stable coins

242
00:14:14.679 --> 00:14:18.000
<v Speaker 1>have entered a new phase. Tokenized money market funds, which

243
00:14:18.159 --> 00:14:22.360
<v Speaker 1>pool cash into short term US government securities, are shifting

244
00:14:22.440 --> 00:14:25.799
<v Speaker 1>from a passive yield to collateral for trading, credit and

245
00:14:25.840 --> 00:14:30.600
<v Speaker 1>repot transactions. As of late October, the total market cap

246
00:14:30.679 --> 00:14:35.320
<v Speaker 1>of tokenized treasuries reached eight point six billion dollars, up

247
00:14:35.320 --> 00:14:39.120
<v Speaker 1>from seven point four billion in mid September. That's a

248
00:14:39.120 --> 00:14:41.679
<v Speaker 1>big jump, you know, just in a month. The increase

249
00:14:41.840 --> 00:14:45.600
<v Speaker 1>was led by guests who black rocks Biddle, of course,

250
00:14:46.039 --> 00:14:49.480
<v Speaker 1>which reached about two point eighty five billion dollars, followed

251
00:14:49.480 --> 00:14:53.320
<v Speaker 1>by Circles USYC at eight hundred and sixty six million,

252
00:14:53.720 --> 00:14:57.480
<v Speaker 1>and Franklin Templeton's Benji at eight sixty five or eight

253
00:14:57.559 --> 00:15:01.600
<v Speaker 1>hundred and sixty five million fidelities. The newly launched tokenized

254
00:15:01.799 --> 00:15:05.600
<v Speaker 1>MMF also showed impressive growth and rose to two hundred

255
00:15:05.600 --> 00:15:08.360
<v Speaker 1>and thirty two million dollars. Look at the names there

256
00:15:08.559 --> 00:15:12.080
<v Speaker 1>with the exceptional circle. The others are all Wall Street

257
00:15:12.200 --> 00:15:16.200
<v Speaker 1>giants who are around before crypto. And look at what

258
00:15:16.240 --> 00:15:19.759
<v Speaker 1>they're doing, folks. This is why I'm bullsh again. You're

259
00:15:19.799 --> 00:15:24.200
<v Speaker 1>just seeing investments building continuing because these guys don't think

260
00:15:24.240 --> 00:15:27.360
<v Speaker 1>the crypto market's dead and oh my god, it's over

261
00:15:27.519 --> 00:15:30.759
<v Speaker 1>and all that. Right, they're building. They're preparing to have

262
00:15:30.840 --> 00:15:32.919
<v Speaker 1>the macro view. And that's what I'm trying to impart

263
00:15:32.960 --> 00:15:37.159
<v Speaker 1>to you, to have the macro view. Don't panic, don't worry.

264
00:15:37.759 --> 00:15:40.799
<v Speaker 1>Oh my god, it's over, right, it's not over. As

265
00:15:40.840 --> 00:15:44.840
<v Speaker 1>long as they keep printing money and debasing the currency,

266
00:15:44.879 --> 00:15:47.360
<v Speaker 1>and we know they have to because it's the Fiat system,

267
00:15:47.600 --> 00:15:51.840
<v Speaker 1>crypto will continue to run. Will there be slight differences

268
00:15:51.879 --> 00:15:54.240
<v Speaker 1>in each cycle? Of course? You know. An example I

269
00:15:54.279 --> 00:15:57.960
<v Speaker 1>gave yesterday was look at what happened in twenty twenty

270
00:15:57.960 --> 00:16:00.759
<v Speaker 1>and twenty twenty one, the double peak, right versus twenty

271
00:16:00.799 --> 00:16:05.200
<v Speaker 1>seventeen and even twenty thirteen and twenty fourteen, there have

272
00:16:05.279 --> 00:16:08.720
<v Speaker 1>been different to movements in the markets, but they still

273
00:16:08.919 --> 00:16:11.919
<v Speaker 1>ran to new highs, right, and we got to be patient.

274
00:16:12.879 --> 00:16:16.000
<v Speaker 1>There are some headwinds in this cycle, like tariffs that

275
00:16:16.039 --> 00:16:19.440
<v Speaker 1>were not present in the previous cycles, so that it

276
00:16:19.559 --> 00:16:21.919
<v Speaker 1>kind of through the curveball to all markets like we

277
00:16:22.000 --> 00:16:25.639
<v Speaker 1>had the big dump and collapse earlier this year, right

278
00:16:25.679 --> 00:16:28.600
<v Speaker 1>with Trump's announcement of the terriffs. Plus it continues to

279
00:16:28.600 --> 00:16:31.360
<v Speaker 1>be a headwind where you know, in early October, we

280
00:16:31.440 --> 00:16:34.679
<v Speaker 1>know what happened. Trump tweets out and boom the market dumps.

281
00:16:35.039 --> 00:16:39.159
<v Speaker 1>Some insider whale did some manipulation with shorting and much more.

282
00:16:39.240 --> 00:16:43.000
<v Speaker 1>But I digress. I hope you guys just see the

283
00:16:43.039 --> 00:16:45.879
<v Speaker 1>macro view and the fundamentals that are still intact. Here.

284
00:16:46.480 --> 00:16:49.519
<v Speaker 1>Now something you should know about some people have been

285
00:16:49.519 --> 00:16:51.720
<v Speaker 1>spreading a lot of rumors. You know, these bears are

286
00:16:51.720 --> 00:16:56.360
<v Speaker 1>going crazy. I'm seeing top accounts on X people who

287
00:16:56.360 --> 00:16:58.759
<v Speaker 1>are where I know they're shorting, but they're just putting

288
00:16:58.799 --> 00:17:04.160
<v Speaker 1>out the most bs fud fearful charts and information. And

289
00:17:04.240 --> 00:17:07.680
<v Speaker 1>here there's there's a rumor go around that winter mute

290
00:17:07.720 --> 00:17:11.279
<v Speaker 1>the market maker is gonna sue Binance saying there and

291
00:17:11.319 --> 00:17:14.559
<v Speaker 1>but the CEO came out and said, that's it's false information.

292
00:17:14.799 --> 00:17:18.119
<v Speaker 1>It's baseless. If you don't know Winter Mute, they're the

293
00:17:18.200 --> 00:17:22.440
<v Speaker 1>market maker where Binance sends like coins for to sell

294
00:17:23.119 --> 00:17:25.359
<v Speaker 1>or even to buy, right vice versa. And a lot

295
00:17:25.400 --> 00:17:28.359
<v Speaker 1>of people complain about the market makers, but that's how

296
00:17:28.440 --> 00:17:30.880
<v Speaker 1>markets work. I think a lot of crypto people don't

297
00:17:30.880 --> 00:17:34.200
<v Speaker 1>realize market makers are just doing their job. It's the

298
00:17:34.480 --> 00:17:36.519
<v Speaker 1>if you're you want to be mad at somebody, be

299
00:17:36.599 --> 00:17:39.079
<v Speaker 1>mad at by nance, or be mad at the people

300
00:17:39.079 --> 00:17:42.880
<v Speaker 1>who want to sell. The market makers just doing your job.

301
00:17:43.000 --> 00:17:45.440
<v Speaker 1>You want to buy, the market maker will provide the

302
00:17:45.519 --> 00:17:48.000
<v Speaker 1>liquidity and all that you want to sell the same thing.

303
00:17:48.960 --> 00:17:50.759
<v Speaker 1>But you know, like I said, there's a lot of

304
00:17:50.759 --> 00:17:53.920
<v Speaker 1>fud going around that Winter Mute is gonna sue Binance.

305
00:17:54.319 --> 00:17:56.680
<v Speaker 1>You're going to see some crazy rumors and stuff. The

306
00:17:56.720 --> 00:18:00.799
<v Speaker 1>bears are going nuts, man, that can see them because

307
00:18:00.799 --> 00:18:03.079
<v Speaker 1>I've been here in the market. I know the game now,

308
00:18:04.039 --> 00:18:06.240
<v Speaker 1>and certain accounts, you know, I've been tweeting back at

309
00:18:06.279 --> 00:18:09.720
<v Speaker 1>them like hey, man up and show us your short positions. Right.

310
00:18:09.720 --> 00:18:14.240
<v Speaker 1>If you're gonna say all this bs nonsense. And again

311
00:18:14.599 --> 00:18:17.039
<v Speaker 1>that doesn't mean that I'm not denying that there's gonna

312
00:18:17.079 --> 00:18:19.039
<v Speaker 1>be some downside, but they're trying to say, oh, it's

313
00:18:19.319 --> 00:18:22.599
<v Speaker 1>nineteen twenty nine. Look it's over, it's gonna crash, and

314
00:18:22.640 --> 00:18:24.240
<v Speaker 1>a lot of people are falling for it right who

315
00:18:24.279 --> 00:18:27.960
<v Speaker 1>don't know better. But look, it's the game. But hey,

316
00:18:28.000 --> 00:18:32.039
<v Speaker 1>I don't use leverage. I bought the bear market bottom

317
00:18:32.160 --> 00:18:35.359
<v Speaker 1>spot and I've been holding, and my portfolio is up

318
00:18:35.400 --> 00:18:39.000
<v Speaker 1>despite what's happening right now because of when I entered

319
00:18:39.000 --> 00:18:41.960
<v Speaker 1>the market. And I've been telling you guys, you know,

320
00:18:42.119 --> 00:18:44.759
<v Speaker 1>buy the blood in the streets and you'll be fine.

321
00:18:45.079 --> 00:18:48.359
<v Speaker 1>It gives you a better opportunity to make more money

322
00:18:48.400 --> 00:18:51.680
<v Speaker 1>and even withstand some of the volatility on the way

323
00:18:51.759 --> 00:18:55.079
<v Speaker 1>up to new highs. So guys, that's the news. Let

324
00:18:55.160 --> 00:18:57.039
<v Speaker 1>me know what you think. Leave your thoughts and comments below,

325
00:18:57.160 --> 00:18:59.559
<v Speaker 1>hit the thumbs up button. If you appreciate this content,

326
00:18:59.640 --> 00:19:02.960
<v Speaker 1>please to the podcast by subscribing to my free email newsletter.

327
00:19:03.240 --> 00:19:05.720
<v Speaker 1>It is one hundred percent free on Substack. Check out

328
00:19:05.759 --> 00:19:09.759
<v Speaker 1>my book on Amazon and my course at mycryptocourse dot com.

329
00:19:09.799 --> 00:19:12.279
<v Speaker 1>This is a comprehensive course that teaches you everything you

330
00:19:12.319 --> 00:19:15.160
<v Speaker 1>need to know about crypto folks. Thank you so much

331
00:19:15.200 --> 00:19:17.720
<v Speaker 1>for tuning in. I appreciate you all, and I'll talk

332
00:19:17.759 --> 00:19:18.880
<v Speaker 1>to you all later.