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

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

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<v Speaker 2>Folks.

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<v Speaker 1>You can tell those of you watching on YouTube and

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<v Speaker 1>rumble that I am not in my studio. I'm currently

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<v Speaker 1>on vacation. I'm up in the state of Maine enjoying

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<v Speaker 1>some great seafood and coastal towns. But I wanted to

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<v Speaker 1>give you an update on what's happening with the claritiac

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<v Speaker 1>in the Senate. So Senator Thun this morning, just before

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<v Speaker 1>six am, he filed the cloture motion to have the

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<v Speaker 1>claritiac voted on in the Senate and that vote is

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<v Speaker 1>going to take place on Tuesday, September fifteenth, twenty twenty six,

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<v Speaker 1>So it's going to happen this year, and that is

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<v Speaker 1>expected to happen about two pm in the afternoon. So

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<v Speaker 1>this is very good. This is further and then we've

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<v Speaker 1>made it in this whole process. Right, we know that

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<v Speaker 1>the vote didn't happen recently and the Senate went on recess,

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<v Speaker 1>the House went on recess. So there's some hope here. Now,

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<v Speaker 1>is it guaranteed that this bill is going to pass

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<v Speaker 1>of course not right. We're gonna have to wait and

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<v Speaker 1>see because the Democrats are still, you know, concerned about

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<v Speaker 1>the ethics items. Plus you have the banks fighting on

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<v Speaker 1>the stable coin yield front. You know, the banks are

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<v Speaker 1>not going to give up. The Bank's already got a

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<v Speaker 1>compromise in the Senate Banking Committee, yet they're asking for more.

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<v Speaker 1>They're writing the checks, they're giving it to different members

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<v Speaker 1>of the Senate, Republicans and Democrats. So it's going to

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<v Speaker 1>be tough. But if they're able to pull us off

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<v Speaker 1>and get the vote, guys, it would be ideal timing.

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<v Speaker 1>Here's why I've been saying. My thesis has been, I

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<v Speaker 1>don't believe President Trump wants to go into the midterm

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<v Speaker 1>elections with the markets and the dumps. So I believe

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<v Speaker 1>that the markets are gonna pump, the Fed is going

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<v Speaker 1>to inject liquidity and all that jazz, and we're going

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<v Speaker 1>to see crypto rally as well. Because we're nearing a bottom.

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<v Speaker 1>You know, I've been highlighting the bullish divergence on the

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<v Speaker 1>bitcoin chart, and it looks like we're nearing a bottom

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<v Speaker 1>and we may start to reverse soon. So maybe the

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<v Speaker 1>remainder of August into early September, we're bottoming out and

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<v Speaker 1>then we start to rally, and then that news of

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<v Speaker 1>the Clariac is a spark. It's the catalyst that helps

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<v Speaker 1>the market to go higher. Right, And again, President Trump,

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<v Speaker 1>I don't believe wants to go into the midterm elections

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<v Speaker 1>with the markets down. So there's also a big update

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<v Speaker 1>from Angela also Brooks. So she was part of the

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<v Speaker 1>she's a Democrat and she was part of the Senate

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<v Speaker 1>Banking Committee where they were able to find a compromise.

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<v Speaker 1>She was key in getting the bank stable coin Yeald

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<v Speaker 1>compromise done. So she said that we're working or we

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<v Speaker 1>worked over a year on a bipartisan basis. We will

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<v Speaker 1>continue our work. Getting the clariac right remains our goal.

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<v Speaker 1>So that's very good. You have one of the top

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<v Speaker 1>Democrats who was key in getting that bill out of

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<v Speaker 1>the Senate Banking Committee. She worked with Tim Scott, and

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<v Speaker 1>she's saying we still want to work on this.

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<v Speaker 2>Now.

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<v Speaker 1>Something else that's good, and it may be a microcosm

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<v Speaker 1>of what's to come with President Trump. Trump Media terminates

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<v Speaker 1>their plan crypto deals with Crypto dot Com. This is

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<v Speaker 1>very good. The more President Trump can back away from

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<v Speaker 1>these crypto items, the better his opponents, the Democrats are

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<v Speaker 1>obviously using it against him. Elizabeth Warren and all the

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<v Speaker 1>other anti crypto people are using this to their advantage.

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<v Speaker 1>So if he can start to distance himself from crypto

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<v Speaker 1>at his partnerships and give up that meme coin and

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<v Speaker 1>even to Malania coin, give that up, right, that would

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<v Speaker 1>be very good. They have nothing to use against him.

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<v Speaker 1>I'm sure the Democrats are going to do their victory

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<v Speaker 1>lap and say, look, we got him to do this,

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<v Speaker 1>But overall, the bigger fish to fry here is we

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<v Speaker 1>need to get this bill done. So we have some

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<v Speaker 1>things working in our favor. We got the vote date

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<v Speaker 1>scheduled right, the cloture motion. As we followed, top Democrat

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<v Speaker 1>Angel also broke saying she's ready to work to get

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<v Speaker 1>this done. And President Trump's starting to distance himself from

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<v Speaker 1>these crypto dealings and so forth, which you know I've

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<v Speaker 1>been saying for a long time needs to be done,

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<v Speaker 1>and now it's become a liability. Now they're using it

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<v Speaker 1>against him, so we need to get that done. So

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<v Speaker 1>we got three things working in our favor, and come

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<v Speaker 1>September that vote may take place in the Senate and

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<v Speaker 1>let's see if that bill can get done. If again,

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<v Speaker 1>if times well with the market, we could see a

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<v Speaker 1>really strong rally come Q four and maybe we get

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<v Speaker 1>back to some of the levels we hit in twenty

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<v Speaker 1>twenty five, maybe back to the all time highs hit

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<v Speaker 1>in twenty twenty five. We'll see and no guarantee, of course,

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<v Speaker 1>but these are things to pay attention to. But that's

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<v Speaker 1>pretty much the update.

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<v Speaker 2>Guys.

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<v Speaker 1>I wanted to let you all know about this because

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<v Speaker 1>this is an important one and it may not have

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<v Speaker 1>crossed your timeline as far as news, but Centator tune

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<v Speaker 1>able to get it done before six am this morning.

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<v Speaker 1>You file that motion and this is pretty big, so guys,

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<v Speaker 1>stay tuned, check out our sponsor, be sure to hit

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

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<v Speaker 1>and share this video. Thank you guys so much for

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<v Speaker 1>tuning in. Also check out our newsletter, our course, and

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<v Speaker 1>my book on Amazon. Thank you guys, and I'll talk

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<v Speaker 1>to you all later.

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