Speaker 1: The Federal Reserve cuts rates and we'll start money printing
Speaker 1: on December twelfth. This is huge, a breakdown what this
Speaker 1: means for the markets and much more. Let's get into it. Hey, folks,
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 let that subscribe button as well as
Speaker 1: the thumbsup button and leave a comment 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'm
Speaker 1: sure many of you saw the news, but today the
Speaker 1: Fed announced they are cutting rates by twenty five basis points.
Speaker 1: This is what the market was expecting, and overall it's
Speaker 1: great because it makes capital cheaper. In addition, as they
Speaker 1: continue to lower rates, people are going to move away
Speaker 1: from money market accounts where they are earning interest and
Speaker 1: now they're getting less because the rates are cutting, and
Speaker 1: they're going to move to risk assets. So that's one
Speaker 1: benefit here. But what Jerome Powell said today is that
Speaker 1: the Fed will begin per sing US treasury bills on
Speaker 1: December twelfth. He said they will buy forty billion dollars
Speaker 1: of US treasury bills in thirty days. They're not even
Speaker 1: waiting for twenty twenty six. They're starting right away. Remember,
Speaker 1: quantitative tightening just ended nine days ago on December first.
Speaker 1: This is the thesis I've been sharing with you all
Speaker 1: for a long time now, right, But of course it
Speaker 1: takes time, and we're seeing it play out, folks, And
Speaker 1: that is liquidity. The return to easy money is here.
Speaker 1: So what does this mean. It means increase liquidity. Globally,
Speaker 1: we see Japan is also doing stimulus, and you can
Speaker 1: expect other central banks are going to do the same
Speaker 1: thing because this is the only playbook they have. They
Speaker 1: have to keep printing money. This is the debt based
Speaker 1: fiat system. Once you understand that, you understand how that
Speaker 1: correlates the asset prices. So as they continue to debase currency,
Speaker 1: that drives acid prices higher. Now, this is not full
Speaker 1: on Kiwi. And the name Jerome Powell gave for this
Speaker 1: move is reserved management. So you know, for a long
Speaker 1: time I said, look, it doesn't matter what they call it, right,
Speaker 1: They may call it something different from quantitative easing, but
Speaker 1: the outcome is still the same thing, and that's good
Speaker 1: for the markets. Now, some of you're gonna say, Tony,
Speaker 1: why isn't the markets pumping patients patients patients patients? Right,
Speaker 1: we have to let the market do its thing. Remember,
Speaker 1: markets are cyclical. We are coming out of a very
Speaker 1: deep correction here, which was really crazy, right. I think
Speaker 1: back to October tenth when Trump tweeted out about the
Speaker 1: China tariffs, and we have the biggest liquidation in the
Speaker 1: market ever in the crypto market. So we got to
Speaker 1: be patient. But we are seeing some signs of strength
Speaker 1: for Bitcoin, higher highs and higher lows. In addition, the
Speaker 1: stock market is looking good. The S and P five
Speaker 1: hundred is on the move, so is the rustle. It
Speaker 1: is starting to break out. It actually made new highs.
Speaker 1: Now it has to enter into full price discovery. So
Speaker 1: I don't want to get too excited. We want the
Speaker 1: market to show us strength and break through those key
Speaker 1: resistance levels because you know, bears are still going to
Speaker 1: fight here, right. But this is a very positive sign.
Speaker 1: We're seeing the bullish momentum building here. But we got
Speaker 1: to exercise a lot of patients. It will take time
Speaker 1: to climb out of this hole. But what's on the
Speaker 1: horizon with the FED going back to quantitative easing light
Speaker 1: if you want to call it that, right, is very
Speaker 1: bullish and means more liquidity will come into the markets.
Speaker 1: Now we also see that many big digital ascid treasury
Speaker 1: companies are buying. So today we've got announcement that Vivek
Speaker 1: Ramaswami strive to raise five hundred million dollars to purchase
Speaker 1: more bitcoin. In addition, Eric Trump's America Bitcoin buys four
Speaker 1: hundred and sixteen bitcoin worth thirty eight million dollars. So
Speaker 1: again I present the question to you, why are these
Speaker 1: guys buying here? According to some people, Rickoin's going to
Speaker 1: roll over and go into straight into a bear market. Right?
Speaker 1: Are they dumb? Are these guys stupid? They're buying at
Speaker 1: these prices that they're going to lose money. Why would
Speaker 1: they not wait for bitcoin to go lower if we're
Speaker 1: going to a bear market, to buy at the bottom
Speaker 1: and then wait. So it does an add up with
Speaker 1: what the bears are saying. And one of the things
Speaker 1: I highlighted in my newsletter today is that bitcoin whales
Speaker 1: on chain data according to from Sentiment shows whales are
Speaker 1: starting to accumulate again. So they were in distribution for
Speaker 1: the past two months and now they're accumulating. That's a
Speaker 1: very positive sign. So we're seeing on chain data show
Speaker 1: is whales buying. You got digital acid, treasury companies buying bitcoin,
Speaker 1: even etherorem I've been highlighting what Tom Ley's bitmine has
Speaker 1: been doing. And not to mention, you see the launch
Speaker 1: of crypto services. Yesterday we talked about P and C
Speaker 1: bank launching crypto trading. We got Vanguard recently opened up
Speaker 1: the ability for their clients to access crypto ETFs. You
Speaker 1: have Charles Schwab getting ready to launch crypto trading in
Speaker 1: twenty twenty six, So wouldn't those guys want to do
Speaker 1: that before the ball off top? Again, something doesn't add
Speaker 1: up here, and you know in my newsletter I also
Speaker 1: highlighted that we're heading into twenty twenty six with some
Speaker 1: very big narratives and let me quickly run through that.
Speaker 1: So once again QI from the Fed and global central banks,
Speaker 1: in addition, lower rates which equals cheaper capital, US market
Speaker 1: structure bill on deck to be passing Q one to
Speaker 1: twenty twenty six, if not early Q two. You got
Speaker 1: crypto and tech companies looking to do IPOs again, who
Speaker 1: to hell IPOs and a bear market if liquidity is
Speaker 1: drying up. So you see, the facts are not aligning
Speaker 1: here with the narratives and the bears. In addition, Trump
Speaker 1: is going to appoint a new FED chair, so Jerome
Speaker 1: Powell is going to be gone by May. And you
Speaker 1: know Trump is going to put in someone who's going
Speaker 1: to do his bidding and you know, be aligned with
Speaker 1: his economic goals, right guys. So I mean, look, and
Speaker 1: it's not guarantee that we're going to see new all
Speaker 1: time highs for bitcoin, but definitely we're going to see
Speaker 1: a rally. And I'm curious what the all coins do?
Speaker 1: You know, the best scenario is that Bitcoin heads to
Speaker 1: a new all time high, to a blow off top
Speaker 1: along with the stock market, and all coins follow and
Speaker 1: you know, we get that euphoric blow off top. So
Speaker 1: we're gonna have to wait and see in and you know,
Speaker 1: be patient. And here's some very interesting news along the
Speaker 1: lines of Wales buying survey fines six in ten of
Speaker 1: Asia's rich plan to ramp up crypto buying. So more
Speaker 1: than half of wealthy Asian investors in a recent survey
Speaker 1: say they plan to increase their portfolio exposure to cryptocurrency
Speaker 1: over the next few years. Signum's APAC HNWI Report twenty
Speaker 1: twenty five found that six and ten of these surveyed
Speaker 1: Asian high network individuals are prepared to increase their crypto
Speaker 1: allocations based on a strong two to five year outlook.
Speaker 1: It polled two hundred and seventy high net worth individuals
Speaker 1: with more than one million dollars in investable assets and
Speaker 1: professional investors with over ten years of experience across ten
Speaker 1: APAC countries, mainly in Singapore, but including Hong Kong, Indonesia,
Speaker 1: South Korea, and Thailand. So this is spot on. The
Speaker 1: regulations are coming in the guardrails, the traditional institutions are
Speaker 1: offering crypto, so you can imagine a lot of people
Speaker 1: are gonna get it, more exposure to crypto and they're
Speaker 1: gonna put more money into the market. So, folks, we
Speaker 1: do have a bullish set up here, but you know,
Speaker 1: nothing is guaranteed, so let's see how the market plays out.
Speaker 1: Be patient again. Some of you are going to say
Speaker 1: Tony's supposed to pump on Jerome Powell saying this, No,
Speaker 1: it's not. Markets don't necessarily have to do that. It
Speaker 1: depends where they're at in this cyclical pattern. What's the
Speaker 1: sentiment much more. So just be patient and let's see
Speaker 1: how this all plays out. Folks. This episode is brought
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Speaker 1: a description. Now, folks, look at this news. This is
Speaker 1: pretty big. Gemini Exchange receives CFDC license to offer prediction
Speaker 1: markets in the US. So Gemini now publicly traded company.
Speaker 1: Of course, their stock price jumped on this news. And
Speaker 1: the prediction market race is heating up here, folks. So
Speaker 1: competition is, you know, very healthy. It's very good for
Speaker 1: the market. It's great to have different options. So let's
Speaker 1: see what Gemini is able to launch here, and looks
Speaker 1: like they're on the up and up. You know, for
Speaker 1: years they've been kind of the smaller exchange hanging around,
Speaker 1: but I think they're going aggressive now now that we
Speaker 1: have clarity in the United States. Now, speaking of the CFTC,
Speaker 1: we got an update here that CFDC Acting Chairman Caroline
Speaker 1: Fam announced CEO Innovation Council participants to discuss market structure
Speaker 1: developments in the derivatives' markets. Participants include CEOs from Polymarket,
Speaker 1: Calshiecrypto dot Com, Gemini, and Kraken. So this is really great.
Speaker 1: Caroline Fam has been doing an amazing job. I mean,
Speaker 1: she's the loan commissioner there in the acting chair, and
Speaker 1: I'm blown away at the work she's doing. So shout
Speaker 1: out to her. Kudos to her. Man. I wish you
Speaker 1: know she would have been the selected chair, but Mike
Speaker 1: sea leg is, of course Trump's nominee, and that's no problem.
Speaker 1: But Caroline Fam, she's knocking it out of the park.
Speaker 1: Just doing some amazing things here. Okay, moving ahead, payments,
Speaker 1: Giant Stripe acquires team from crypto wallet app Valora. So
Speaker 1: a lot of trad fi payment companies and tech companies
Speaker 1: are building their crypto divisions and teams now. It's so bullish.
Speaker 1: I mean years ago you couldn't even imagine this and
Speaker 1: you're seeing a lot of titles on LinkedIn that are
Speaker 1: head of crypto, head of digital assets, and it's amazing.
Speaker 1: So payments giant Stripe has acquired the team from the
Speaker 1: crypto wallet firm Valora, just a day after launching its
Speaker 1: test net for its stable coined focused blockchain project Tempo.
Speaker 1: According to Valora CEO Jackie Bona, the acquisition will see
Speaker 1: Valora team join Stripe and work on the firm's blockchain initiatives.
Speaker 1: Valora was founded in mid twenty twenty one after spinning
Speaker 1: out of Cello development group Sea Labs and raising twenty
Speaker 1: million dollars in a Series A funding in the process.
Speaker 1: So the Velora app is a mobile app that supports
Speaker 1: stable coins and other assets like Cello, ethereum based optimism,
Speaker 1: and arbitrum. Apart from the wallet, the team has also
Speaker 1: developed an open protocol launch pad for Web three apps,
Speaker 1: geared toward a mobile native experience. Incredible stuff, folks. So
Speaker 1: you see again these big players making massive moves, whether
Speaker 1: it's investments, expansions, mergers and acquisitions, some going public. Incredible stuff.
Speaker 1: Now Pantera Capital and coinbase back serfs fifteen million dollar
Speaker 1: push to build crypto native AI models. So again just
Speaker 1: examples of the investment in the capital that's being deployed here. SURF,
Speaker 1: an AI platform built for digital asset analysis, raised fifteen
Speaker 1: million dollars in a round led by Pantera Capital with
Speaker 1: participation from Coinbase Ventures and DCG to expand its AI
Speaker 1: models and enterprise tools. The company offers a domain specific
Speaker 1: model used by exchanges and research companies to analyze on
Speaker 1: chain activity, market behavior, and sentiment. The funding will go
Speaker 1: toward SERF two point zero, which will introduce more advanced models,
Speaker 1: broader proprietary data sets, and additional agents designed to handle
Speaker 1: multi step analytical tasks. Serf said its platform has seen
Speaker 1: rapid uptakes since its launch in July, generating more than
Speaker 1: one million research reports and claiming millions in annual recurring
Speaker 1: revenue with the usage of a large share of major
Speaker 1: exchanges and research firms. So the infrastructure being built out
Speaker 1: here for the crypto asset class folks as it matures
Speaker 1: and they're using AI, and that absolutely makes sense. Now
Speaker 1: look at this eth Zilla, the digital asset treasury company
Speaker 1: that is of course focus on Ethereum moves into on
Speaker 1: chain housing finance with fifteen percent Zippi acquisitions. So this
Speaker 1: is interesting. Former biotech company eth Zilla is doubling down
Speaker 1: on its bush into real world assets markets, taking a
Speaker 1: fifteen percent steak in a digital housing lender Zippy to
Speaker 1: bring manufactured home loans on chain. To deal marks the
Speaker 1: company's second acquisition in a week. So they're going beyond
Speaker 1: just simply holding the ether asset on their balance sheet.
Speaker 1: They're doing some venture here and look at the company
Speaker 1: they're investing in, which is bringing home loans, manufactured home
Speaker 1: loans on chain. So, folks, we know the future. As
Speaker 1: I've been saying, I'm beating the drum, it's all running
Speaker 1: on chain. The government's, the economies, and the market, it's
Speaker 1: all running on chain. According to Wednesday's announcement, e Zilla
Speaker 1: will pay five million dollars in cash and sixteen point
Speaker 1: one million dollars in stoff for a fifteen percent steak
Speaker 1: in Zippy, a US based lender founded in twenty twenty
Speaker 1: one that originates manufactured home loans through a digital platform.
Speaker 1: The company's plan to link Zippy's loan origination in AI
Speaker 1: powered systems with eat Zilla's tokenization stack for on chain
Speaker 1: distribution of manufactured home chateel loans, including potential forward flow
Speaker 1: sales to institutional investors. Incredible what's being built here, folks.
Speaker 1: And once again, this is not getting the big headlines
Speaker 1: on CNBC and MSNBC or whatever it is, Fox and
Speaker 1: so forth, And you got to really take the time
Speaker 1: to go through to see what these folks are building.
Speaker 1: It's really exciting. Final news item here, Mike Novograt's Galaxy
Speaker 1: expands to UA as part of Middle East push so again, investments,
Speaker 1: mergers and acquisitions, global expansion, and much more so. In
Speaker 1: a Wednesday notice, Galaxy said it would establish an entity
Speaker 1: under the registration authority of the Abu Dhabi Global Market,
Speaker 1: the area's international financial center. According to Galaxy Digital founder
Speaker 1: and CEO Mike Novograts, the move was part of a
Speaker 1: strategy to expand the company's existing partnerships and acquisitions. Here's
Speaker 1: what he said. The Middle Eases a rapidly growing financial
Speaker 1: hub that is home to some of the world's most
Speaker 1: sophisticated investors and innovators. It has become partly an influential
Speaker 1: region for our investors' clients and portfolio companies, and we
Speaker 1: believe this office will establish new opportunities as a leading
Speaker 1: global digital Assets Investment and Infrastructure firm. So it absolutely
Speaker 1: makes sense. This is a smart move. There's a lot
Speaker 1: of capital there, a lot of people that want to
Speaker 1: invest in crypto, and a lot of the infrastructure they
Speaker 1: have built here in the United States. They can just
Speaker 1: simply take that over there, right and again, all of
Speaker 1: this is really great to bring in more capital and
Speaker 1: to allow more adoption of the asset class. So bullish
Speaker 1: times are head folks. I know a lot of you
Speaker 1: are waiting for prices to go hire, be patient, have
Speaker 1: the macro view, and make sure you're not investing with
Speaker 1: your emotions, right, you leave your emotions at the door.
Speaker 1: Look at the data, look at the macro, look at
Speaker 1: the unchain information to charts in much more, folks, be
Speaker 1: sure to subscribe to my email newsletter. Once again, I
Speaker 1: put out a write up today. Check it out. It
Speaker 1: breaks down a lot of details and charts and so forth.
Speaker 1: It's free. It's on substack link with being a description.
Speaker 1: Also check out my book on Amazon it's available in paperback,
Speaker 1: in digital, and my course at mycryptocurse dot com. This
Speaker 1: is a comprehensive course that teaches you everything you need
Speaker 1: to know about crypto. So expand your knowledge. Knowledge is power, folks.
Speaker 1: Thank you so much for tuning in. I appreciate you all,
Speaker 1: and I'll talk to you all later