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<v Speaker 1>Hey, everyone, welcome into the Thinking Crypto podcast. 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 hit that subscribe button as

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<v Speaker 1>well as the thumbs up button and leave a common blow.

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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. Okay, folks,

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<v Speaker 1>we got to kick it off with some very bullish news.

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<v Speaker 1>So the New York Times, massive mainstream media publication, right,

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<v Speaker 1>they put out an article today titled crypto is pointless.

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<v Speaker 1>Not even the White House can fix that. Folks. If

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<v Speaker 1>you know market psychology and the cyclicality of markets, and

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<v Speaker 1>when people turn bearish, and when mainstream media is putting

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<v Speaker 1>out the worst of the worst things about crypto, you

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<v Speaker 1>know how bullish that is. These are things that appear

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<v Speaker 1>at the bottom of bear markets, right when they're writing

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<v Speaker 1>off Bitcoin saying it's dead, crypto' is useless and all that.

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<v Speaker 1>This is where you turn bullish, right, you want to

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<v Speaker 1>be a contrarian to the herd to the mainstream. And

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<v Speaker 1>look at where this is being published. So don't be

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<v Speaker 1>surprised if you see more of this, right, and we

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<v Speaker 1>saw it in twenty twenty two Right Time Magazine with

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<v Speaker 1>the asteroids crashing to the earth. Crypto has crashed, and

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<v Speaker 1>all types of things even in twenty eighteen. Right. This

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<v Speaker 1>is part of this cyclical pattern of market. So once

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<v Speaker 1>you see it, you can't unsee it, because then you

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<v Speaker 1>become a contrarian to the herd and to the masses.

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<v Speaker 1>You're not part of the group that just listens to

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<v Speaker 1>Jim Kramer, right, You're doing the opposite. So this is

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<v Speaker 1>very bullish, and we know we are at a cusp

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<v Speaker 1>of a major relief rally. Now that doesn't mean Bitcoin

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<v Speaker 1>can dip into the fifty thousands before we rally, So

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<v Speaker 1>we're just going to have to wait and see how

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<v Speaker 1>the market plays out. Or it could be that bitcoin

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<v Speaker 1>has already found its local bottom here and then it

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<v Speaker 1>pumps with a major relief rally to eighty to eighty

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<v Speaker 1>five k or possibly higher, and then maybe it rolls

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<v Speaker 1>over to lower lows. Those are the scenarios. No one

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<v Speaker 1>has a crystal ball, so we can't know definitively say

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<v Speaker 1>this is the exact thing that's going to happen. But

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<v Speaker 1>we want to look at the different scenarios and then

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<v Speaker 1>wait to see what the market shows us. Now, some

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<v Speaker 1>data that's backing up the potential for a relief rally

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<v Speaker 1>coming is that bitcoin's one hundred BTC club edges toward

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<v Speaker 1>twenty thousand wallets in a bullish sign. So data from

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<v Speaker 1>Saniment shows that bitcoin is on the verge of surpassing

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<v Speaker 1>twenty thousand wallets with at least one hundred bitcoin, an

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<v Speaker 1>indicator that could signal healthy market dynamics, according to cryptoanalytics

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<v Speaker 1>platform Sentiment. Now this morning I publish my interview with

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<v Speaker 1>Brian from Santiment, so make sure you guys check that out.

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<v Speaker 1>But as of Thursday, there were nineteen nine hundred and

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<v Speaker 1>ninety three unique wallets holding one hundred bitcoin or more,

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<v Speaker 1>worth roughly six point seven million dollars per wallet. At

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<v Speaker 1>the time of publication. Saniment anticipates that the milestone could

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<v Speaker 1>be reached by Friday, so that's tomorrow. Here's a quote.

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<v Speaker 1>If the number of one one hundred plus BTC wallets

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<v Speaker 1>is growing, that suggests distribution across more large holders rather

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<v Speaker 1>than a small group controlling everything. It is an important

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<v Speaker 1>signal for bitcoiners as it reduces the perceived risk that

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<v Speaker 1>a small number of whales can significantly swing prices. So

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<v Speaker 1>the whales have been accumulating. We're also seeing the retail

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<v Speaker 1>wallets start to fall a bit, so that's a very

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<v Speaker 1>good sign. That's the setup that has preceded major rallies,

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<v Speaker 1>So whales start accumulating as retail capitulates. It's the same

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<v Speaker 1>story over and over once again. You see it, guys,

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<v Speaker 1>you can unsee it. So this is where we want

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<v Speaker 1>to follow the data and the charts and more. Now

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<v Speaker 1>here's some very big news from meta Mask and MasterCard.

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<v Speaker 1>So METAMSK and MasterCard partner to launch the US meta

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<v Speaker 1>Mask Card with first time availability in New York. Meta

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<v Speaker 1>Mask Card introduces a premium metal tier, MusD cash back

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<v Speaker 1>and seamless spending. At one hundred and fifty million plus

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<v Speaker 1>MasterCard merchants worldwide. This is a huge partnership. We know Consensus,

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<v Speaker 1>which works on etherorem has. They are the developers of metamass,

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<v Speaker 1>which is one of the top crypto wallets out there.

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<v Speaker 1>So look who they're partnering with MasterCard right in one

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<v Speaker 1>of the major credit card companies. So pretty incredible. And

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<v Speaker 1>MasterCard is doing a lot with crypto. Many of you

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<v Speaker 1>may recall my interview with Mastercard's head of digital Assets

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<v Speaker 1>from last year, and I'm trying to get him back

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<v Speaker 1>on the podcast to talk about these things. But pretty incredible, right,

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<v Speaker 1>the infrastructure being set up for people to come on chain,

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<v Speaker 1>into Web three and to adopt crypto and utilize crypto.

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<v Speaker 1>So this is very, very bullish. Now here's some more

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<v Speaker 1>bullish news. Indiana passes HB ten forty two, requiring state

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<v Speaker 1>retirement plans to offer crypto investment options by July twenty

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<v Speaker 1>twenty seven, pending governor's signature. The bill protects bitcoin investor rights,

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<v Speaker 1>bans discriminatory crypto taxes, and restricts agencies from prohibiting payments

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<v Speaker 1>self custody or mining. So we're seeing a lot of

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<v Speaker 1>states across the US are embracing crypto. They're launching their

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<v Speaker 1>own bitcoin reserves. Usually they're buying like the bitcoin ETFs

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<v Speaker 1>from black Rock and other trusted institutions. But the ball

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<v Speaker 1>is rolling here, guys, game theories playing out. No one

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<v Speaker 1>wants to get left behind. We're seeing Arizona and many

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<v Speaker 1>others and a handful of states have already got their

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<v Speaker 1>bills passed and they're already buying bitcoin, and three of

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<v Speaker 1>the ETFs and things along those lines. So very very

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<v Speaker 1>bullish now, folks quickly from our sponsor. This episode is

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<v Speaker 1>brought to you by AINI Gold. AINI Gold allows regular

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<v Speaker 1>people to be able to partake in the gold mining process.

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<v Speaker 1>So over the past year, the price of gold has

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<v Speaker 1>nearly doubled, most people didn't notice it in real time,

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<v Speaker 1>and while many still see gold as only a line

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<v Speaker 1>on the chart, I want to share a unique way,

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<v Speaker 1>a different way to interact with this asset. But instead

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<v Speaker 1>of trading gold or speculator on charts, this is a

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<v Speaker 1>different model. This is about participating in real gold mining,

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<v Speaker 1>not future promises. The project tokenizes mining capacity and distributes

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<v Speaker 1>rewards in a gold black asset. This is AINI Gold.

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<v Speaker 1>So I've often talked about the tokenization of different assets,

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<v Speaker 1>and gold is getting tokenized at a rapid pace. So again,

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<v Speaker 1>AINI lets regular users be able to participate in the

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<v Speaker 1>gold mining process. And mining has been active since early

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<v Speaker 1>twenty twenty five and participation is open. You don't have

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<v Speaker 1>to trade gold, you don't have to bet on narratives.

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<v Speaker 1>You simply participate in the production and track results directly

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<v Speaker 1>on chain. So the iin Gold token and the whole

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<v Speaker 1>process is ERC twenty base. It is built on ethereum.

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<v Speaker 1>So how does it work. You get the iini token

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<v Speaker 1>and that allows you to stake it in a smart

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<v Speaker 1>contract and results are calculated per period. Rewards are distributed

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<v Speaker 1>quarterly in PAXG, so many of you may know PASG

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<v Speaker 1>is the pax Gold from Paxos, a very trusted institution. So, folks,

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<v Speaker 1>I'm currently staking my iini tokens. You can see my

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<v Speaker 1>balance here and the rewards you can view them in

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<v Speaker 1>both USD as well as in PAXG, so not only

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<v Speaker 1>can you hold the token, but you can stake and

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<v Speaker 1>earn rewards, and you can see my rewards have been

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<v Speaker 1>coming in, so it's a very transparent setup. The iini

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<v Speaker 1>token has been audited by Peckshield, the staking contracts are

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<v Speaker 1>reviewed by certik, so these are trusted institutions. You can

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<v Speaker 1>go check them out yourself. And the IINI token, it

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<v Speaker 1>is itself a market traded token, so you can go

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<v Speaker 1>viewed on coin market cap and you can see recently

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<v Speaker 1>it has been performing really well and it can move independently,

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<v Speaker 1>but that's separate from the factor of the gold link distribution,

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<v Speaker 1>So the movement of the price whether up or down

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<v Speaker 1>does not affect the staking rewards that you can earn,

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<v Speaker 1>and AINI works with Minerales San Hilario in Peru, a

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<v Speaker 1>registered mining company with a publicly verifiable concession, so it

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<v Speaker 1>isn't a black box. The concession, the company registration, the

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<v Speaker 1>scoping study are all public, so folks, you can go

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<v Speaker 1>to the link in the description to learn more. When

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<v Speaker 1>you hit the website, you can click join AINI and

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<v Speaker 1>then here's what the dashboard looks like and you can

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<v Speaker 1>purchase the token and start staking. So if you'd like

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<v Speaker 1>to learn more, please visit the link in the description. Okay, folks,

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<v Speaker 1>the battle continues between the banks and the crypto industry

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<v Speaker 1>over stable coin yield. I've shared my thoughts at nauseum

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<v Speaker 1>with you all. I believe that we as individuals have

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<v Speaker 1>the right to go to any platform we want, whether

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<v Speaker 1>that be coinbaseed Upholder, others, to earn yield on our

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<v Speaker 1>stable coins. Because many of the banks are giving you

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<v Speaker 1>next to nothing breadcrumbs in your savings accounts zero points

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<v Speaker 1>zero one percent. Right, they pocket the majority of the

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<v Speaker 1>interest they're earning on your capital and they give you

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<v Speaker 1>next to nothing. Well, that is a big thing that's

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<v Speaker 1>holding up the Claritiac because the banks are saying, hey, no, no, no,

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<v Speaker 1>we need to relitigate the Genius Act. We need to

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<v Speaker 1>make sure that this provision is in the Clarityact. That

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<v Speaker 1>doesn't allow you know, these platforms to be doing this

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<v Speaker 1>because we're worried about bank runs. Like, yeah, get out

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<v Speaker 1>of here, right. The bank should compete, They should launch

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<v Speaker 1>your own stable coins, or simply increase the interests they

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<v Speaker 1>offer to consumers. But we know they want to keep

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<v Speaker 1>those big bonus checks, right, how we don't want to

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<v Speaker 1>give you. They don't want to give you any money, guys.

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<v Speaker 1>So first, you've got an article here saying that US

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<v Speaker 1>lawmakers revisit stable coin yields amid deposit flight concerns. So

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<v Speaker 1>some senators warned that stable coin yields could blur the

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<v Speaker 1>line between crypto products and traditional bank deposits. Senator Tom

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<v Speaker 1>Tillis said he will seek an independent assessment from regulators

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<v Speaker 1>on deposit flight risk. However, the occ right away just

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<v Speaker 1>introduce some rules that would governance they coins, including apparent

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<v Speaker 1>limits on rewards that may affect platforms like coinbase. So

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<v Speaker 1>this is not good. You know, the banks seem to

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<v Speaker 1>be winning here in this battle that we're seeing. I

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<v Speaker 1>do believe they have to come to some compromise. And

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<v Speaker 1>it's not a done deal yet, right, because there's probably

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<v Speaker 1>going to be more meetings between the crypto industry and

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<v Speaker 1>the banks. But let me give it the details about

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<v Speaker 1>what the OCC is doing. So, the crypto industry is

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<v Speaker 1>digging through a lengthy stable coin proposal from the USOCC,

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<v Speaker 1>but the first impression suggests it could hamper crypto platforms,

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<v Speaker 1>stable coin rewards programs. The banking regulator pitch the rulemaking

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<v Speaker 1>to implement the Genius Act, but crypto insiders are saying

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<v Speaker 1>they'll have to fight what the agency came up with.

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<v Speaker 1>This emerging regulatory dispute further complicates negotiations over these Senate

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<v Speaker 1>long awaited Clarity Act that's meant to regulate the overall

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<v Speaker 1>US crypto markets. So again, this is kind of a

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<v Speaker 1>win for the banks, but it's not a done deal, right.

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<v Speaker 1>We haven't got to the compromise yet. But if the

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<v Speaker 1>OCC is doing this, man, it's good. I don't know.

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<v Speaker 1>I don't know how we come out. It could be

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<v Speaker 1>that there's some sort of pause on stable coin rewards

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<v Speaker 1>or limit or whatever. It is, but we're gonna have

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<v Speaker 1>to wait and see. But nevertheless, Jamie Diamond and the

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<v Speaker 1>banksters are winning here, so we're gonna have to keep fighting.

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<v Speaker 1>Let's see what the crypto industry comes up with. I'm

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<v Speaker 1>sure there's a lot of folks, especially like the Blockchain Association,

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<v Speaker 1>the Digital Chamber and others, are gonna start fighting big time.

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<v Speaker 1>But I'll update you guys as things progress. Okay, moving ahead,

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<v Speaker 1>Flare and Zaman unlock one click DeFi access for over

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<v Speaker 1>two billion XRP sitting idle in wallets. So many of

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<v Speaker 1>you know, I'm a Flare token holder. Flares of course

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<v Speaker 1>enabling DeFi for XRP, Bitcoin, doche coin, and other assets.

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<v Speaker 1>So a new integration between the Flare blockchain and the

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<v Speaker 1>Zamon wallet aims to unlock more than two billion XRP

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<v Speaker 1>tokens for defile use by reducing complex cross chain steps

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<v Speaker 1>to a single transaction on the XRP ledger. The system

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<v Speaker 1>uses f assets to create a wrapped version of XRP

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<v Speaker 1>on Flair smart accounts to abstract away separate wallets and

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<v Speaker 1>gas tokens and zimon as the front end, so users

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<v Speaker 1>can access DeFi vaults without leaving their existing wallet. Vault

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<v Speaker 1>strategies managed by Upshift and curator Clearstar seek to channel

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<v Speaker 1>growing speculative interests in XRP evidence by rising f XRP supply,

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<v Speaker 1>staking activity and recent price and ETF inflow gains into

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<v Speaker 1>lending collateral and structured product yields. So this is very

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<v Speaker 1>big for the XRP token. I have not personally done

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<v Speaker 1>any of this yet. I do plan to explore. Now

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<v Speaker 1>I'll let you guys know if I do put some

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<v Speaker 1>of my XRP to work here, in DeFi to earn

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<v Speaker 1>rewards and yield and so on and so forth. But

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<v Speaker 1>it's great to see progress being made here to make

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<v Speaker 1>that process easier. So again I will let you guys

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<v Speaker 1>know what steps I take here. Okay, Grant cardone, which

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<v Speaker 1>I'm sure many of you may know, he's very big

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<v Speaker 1>in the real estate industry, and he's actually very bullish

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<v Speaker 1>on bitcoin. His company has been buying bitcoin and putting

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<v Speaker 1>on their balance sheet. Well, he plans to tokenize his

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<v Speaker 1>firm's five billion dollar real estate portfolio. So, whether you

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<v Speaker 1>like the guy or not, this is huge adoption and

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<v Speaker 1>a sign of things to come. You know, we've talked

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<v Speaker 1>a lot about all the different asset classes that are

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<v Speaker 1>going on the blockchain. In real estate is the world's

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<v Speaker 1>largest acid class. It will be tokenized, guys. So Grant

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<v Speaker 1>Cardone said his firm is preparing to tokenize it's five

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<v Speaker 1>billion dollar real estate portfolio. The move follows cardone Capitals,

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<v Speaker 1>bitcoin purchase and wider push into digital assets. So this

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<v Speaker 1>is very big, you know. And we often talk about

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<v Speaker 1>game three. You just need one player or a couple

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<v Speaker 1>and then the others follow suit, right, So this is

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<v Speaker 1>a very positive sign. And speaking of tokenization, Bloomberg extends

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<v Speaker 1>financial data to twenty five billion dollar tokenized markets via Caiico.

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<v Speaker 1>So the details here is that Bloomberg is collaborating with Caiico,

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<v Speaker 1>a powers based digital asset market data provider, to make

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<v Speaker 1>Bloomberg's license financial data accessible directly within blockchain environments rather

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<v Speaker 1>than through traditional off chain databases. Folks, like I've been

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<v Speaker 1>saying ad nauseum, the future markets, economies, and governments will

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<v Speaker 1>all run on blockchain rails. And we're seeing the building

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<v Speaker 1>out of the infrastructure right now, the on and off rams,

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<v Speaker 1>the tools, the things that are needed to have data

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<v Speaker 1>and information and currency and assets and all these things

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<v Speaker 1>to flow and have interoperability. So we're in that building phase.

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<v Speaker 1>So the company said Thursday that the initiative is designed

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<v Speaker 1>to address the challenge of inconsistent data across tokenized markets.

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<v Speaker 1>In many tokenized asset ecosystems, companies may rely on different

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<v Speaker 1>versions of pricing data, security identifiers, or reference information, increasing

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<v Speaker 1>the risk of discrepancies and operational inefficiencies. So by enabling

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<v Speaker 1>a common, licensed data source to be embedded on chain,

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<v Speaker 1>the collaboration aims to ensure that market participants reference this

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<v Speaker 1>same data set, potentially reducing reconciliation disputes and improving data integrity.

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<v Speaker 1>That's the power of the blockchain, folks. Very bullish news. Okay,

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<v Speaker 1>look at this. Deutsche Bank backed all Unity launches a

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<v Speaker 1>Swiss frank stable coin, THECHFAU. So everybody across the globe

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<v Speaker 1>we're launching some form of digital currency, whether that be

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<v Speaker 1>a stable coin, a CBDC, or a tokenized deposits. So

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<v Speaker 1>you're seeing the banks, the stock exchanges, the biggest institutions

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<v Speaker 1>in the world. So after introducing its europegged stable coin

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<v Speaker 1>last year, all Unity is rolling out c HFAU, a

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<v Speaker 1>stable coin pegg one to one to the Frank the

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<v Speaker 1>company said in an announcement shared with coin Telegraph on Thursday.

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<v Speaker 1>So initially available to institutional and professional investors, c HFAU

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<v Speaker 1>launches on the Ethereum blockchain as an ERC twenty token,

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<v Speaker 1>with plans to expand to additional networks later this year.

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<v Speaker 1>This is what we've seen companies start with Etherereum and

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<v Speaker 1>then they branch out to other chains because it's going

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<v Speaker 1>to be a multi chain world and you need to

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<v Speaker 1>have interoperability between the different chains. So this is the

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<v Speaker 1>playbook we've been seeing, you know, start with black Rock

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<v Speaker 1>doing this with their token iceed ones. But again, guys,

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<v Speaker 1>look who's involved. Deutsche Bank. I mean, come on, right,

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<v Speaker 1>some of the biggest names in the world. And this

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<v Speaker 1>is not making major headlines on Fox or CNN and

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<v Speaker 1>all these things. But if you're paying attention, you just

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<v Speaker 1>see the building, and of course you see they're building

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<v Speaker 1>on the ethereum chain. So again, as an investor, you

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<v Speaker 1>look at that and say, okay, I'm going to take

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<v Speaker 1>a bet on the ether token because the adoption it's getting,

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<v Speaker 1>the utility and all these things being built on it.

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<v Speaker 1>Final news item here SEC approval sought for gto soul

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<v Speaker 1>Salana based liquid steaking token ETF. So we're seeing all

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<v Speaker 1>types of different ETFs being launched for crypto assets, which

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<v Speaker 1>is very good. So the NASDAQ has filed a proposed

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<v Speaker 1>rule change to list the van k g TOO Soul ETF,

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<v Speaker 1>a fund designed to hold the Salana based liquid steaking

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<v Speaker 1>token GTO soul. Liquid steaking allows users to steak tokens

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<v Speaker 1>to help secure a proof of steak network while receiving

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<v Speaker 1>a transferable token in return that represents the steak assets

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<v Speaker 1>and accrude rewards. G TOO Foundation president Bryan Smith told

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<v Speaker 1>coin Telegraph that if the fund is approved, steaking rewards

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<v Speaker 1>would not be distributed separately, but instead reflected in the

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<v Speaker 1>fund's net asset value. So big news here, and this

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<v Speaker 1>is of course running on the Salona blockchain, guys. So

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<v Speaker 1>you're just seeing all types of unique ETF and financial

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<v Speaker 1>products being built for cryptos, with cryptos becoming financialized, and

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<v Speaker 1>you know, all the things, the bells and whistles and

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<v Speaker 1>these financial products that existed for the trad fire world

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<v Speaker 1>are now being brought to crypto. So the acid class

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<v Speaker 1>is maturing, folks. That's the news. Let me know what

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<v Speaker 1>you think. Leave your thoughts and comments below. Hit the

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<v Speaker 1>thumbs up button subscribe. If you haven't as yet, please

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<v Speaker 1>support the podcast by subscribing to my free email newsletter.

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<v Speaker 1>It is one hundred percent free. Link will be in

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<v Speaker 1>a description. Grab a copy of my book on Amazon.

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<v Speaker 1>It's available in paperback in digital. And if you want

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<v Speaker 1>to expand your knowledge about crypto, knowledge is power, check

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<v Speaker 1>out my course at mycrypto course dot com. This is

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<v Speaker 1>a comprehensive course that teaches you everything you need to

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<v Speaker 1>know about crypto, So go to Mycrypto course dot com. Folks,

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<v Speaker 1>thank you so much for tuning in. I appreciate you all,

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