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

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

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

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

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

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<v Speaker 1>or Apple or wherever you get your podcasts, be sure

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<v Speaker 1>to follow and leave a five star rating. Well, folks,

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<v Speaker 1>today we got more big news from the SEC. Yesterday,

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<v Speaker 1>the SEC released guidance on what's the security and what's

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<v Speaker 1>not as it relates to crypto assets and digital assets. Well,

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<v Speaker 1>today the SEC approved the nasdaq's move to support token

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<v Speaker 1>ised securities trading. This is huge. The NASAK is the

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<v Speaker 1>second largest exchange in the world. The New York Stock

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<v Speaker 1>Exchange is the first, of course, and we know they

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<v Speaker 1>are all moving to twenty four to seven three sixty

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<v Speaker 1>five trading because of the blockchain technology. It's as Larry Fink,

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<v Speaker 1>CEO black Rock set a few years ago, tonzation is

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<v Speaker 1>the future of finance, and as I've been telling you guys,

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<v Speaker 1>the future capital markets, economies, and governments will all run

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<v Speaker 1>in blockchain rails. So this is very big because having

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<v Speaker 1>the regulatory agency, the sec which we know is the

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<v Speaker 1>powerhouse when it comes to regulations of markets and much more,

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<v Speaker 1>giving you the stamp of approval. It's significant. So we're

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<v Speaker 1>going to see all the banged stock exchanges and much

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<v Speaker 1>more get on board. So the Securities and Exchange Commission

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<v Speaker 1>approve nasdaq's plan to let certain securities trade in tokenized form,

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<v Speaker 1>integrating blockchain technology into US equity markets. Under the new framework,

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<v Speaker 1>eligible NASDAQ participants can opt to settle trades as blockchain

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<v Speaker 1>based tokens that trade alongside traditional shares with the same tickers, prices,

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<v Speaker 1>and investor rights. Tokenization of stocks have emerged as a

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<v Speaker 1>fast growing sector, captivating major exchanges such as NASDAC and

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<v Speaker 1>in You York Stock Exchange. So, folks, eventually, eventually, as

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<v Speaker 1>companies go public, there won't be a separation. It won't

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<v Speaker 1>be tokenized assets and the traditional versions. They will all

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<v Speaker 1>be on the blockchain. But we're not there yet, right.

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<v Speaker 1>The infrastructure has to be built out. They have to

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<v Speaker 1>figure out how all of this is going to work,

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<v Speaker 1>as well as with the counterparties and all the moving

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<v Speaker 1>parts and components, and the pipeline needs to be updated.

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<v Speaker 1>So you can't just do this overnight and then eliminate

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<v Speaker 1>the traditional versions. Right. Also, the consumers need to be educated.

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<v Speaker 1>Why should they invest in the tokenized versions, right? They

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<v Speaker 1>need to understand what's happening, why they can trade it

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<v Speaker 1>twenty four to seven, what are the benefits. So there's

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<v Speaker 1>education and building that needs to be done. But do

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<v Speaker 1>you see where we're at. We are in the early innings,

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<v Speaker 1>and eventually this will all be set up where I've

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<v Speaker 1>been telling you guys for years, there will be no

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<v Speaker 1>more opening and closing bell, right, that will be a

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<v Speaker 1>thing of the past. Markets were run twenty four to seven,

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<v Speaker 1>be tokenized, be fractionalized. As a result, they are able

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<v Speaker 1>to be accessible in different parts of the world, bringing

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<v Speaker 1>moral liquidity, and you can put some of these assets

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<v Speaker 1>to work in the tokenized version via DeFi and much

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<v Speaker 1>much more. So. This is really really great and great

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<v Speaker 1>to see the agency, the SEC is giving these approvals

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<v Speaker 1>and they're not waiting for the CLARITIAC, but they've got

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<v Speaker 1>the mandate from the Trump administration as well as members

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<v Speaker 1>of Congress. And we're going to talk about the CLARITIAC

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<v Speaker 1>just a little bit later. But another example of how

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<v Speaker 1>things are changing guys. Traders can now bet on the

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<v Speaker 1>SMP five hundred around the clock without ever touching a

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<v Speaker 1>traditional stock exchange. Because the SMP Dow Jones Indices licenses

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<v Speaker 1>it's flagship index for crypto trading on hyper liquid, as

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<v Speaker 1>perpetual features gain traction beyond traditional markets, this is a

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<v Speaker 1>significant update as well. So here are the details. The

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<v Speaker 1>SMP Dow Jones Indices has licensed the SMP five hundred

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<v Speaker 1>to trade Xyz that's the name of the firm, to

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<v Speaker 1>launch the first officially approved SMP five hundred perpetual futures

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<v Speaker 1>contract on the hyper liquid blockchain. The new product lets

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<v Speaker 1>eligible non US investors trade leveraged on chain SMP five

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<v Speaker 1>hundred exposure around the clock using real time index data,

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<v Speaker 1>even when the traditional stock markets are closed. So here's

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<v Speaker 1>a great example of where we're headed. So the launch

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<v Speaker 1>underscores the SMPS push to expand its benchmarks into digital

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<v Speaker 1>markets and has coincided with rising trading volumes and gains

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<v Speaker 1>in hyper Liquid's hype token. Now I don't hold the

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<v Speaker 1>hype token, it has performed well since launching. I'm sure

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<v Speaker 1>some of you may hold it, but if you do,

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<v Speaker 1>you know, let me know. In the comment section. But guys,

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<v Speaker 1>I hope you see the direction to Puck is heading

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<v Speaker 1>in and why you have to be patient and have

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<v Speaker 1>to macro view. You know, you got to look at

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<v Speaker 1>the S curve adoption and if you look at a

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<v Speaker 1>great comparison will be mobile phones and as well as

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<v Speaker 1>the Internet. It takes time, right, you got to build

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<v Speaker 1>the infrastructure out. When it came to the Internet, it

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<v Speaker 1>was first dial up, and that was so clunky and

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<v Speaker 1>so much friction, and you know, computers were not the

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<v Speaker 1>fastest back then, right, you had the big boxes and

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<v Speaker 1>towers in your homes, and now it's a much faster,

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<v Speaker 1>better experience. Same thing with mobile phones. You have the big,

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<v Speaker 1>clunky bricks from the late eighties into early nineties, and

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<v Speaker 1>you had the flip phones and it was not what

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<v Speaker 1>it was now. And eventually we got to smartphones and

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<v Speaker 1>a better user experience, apps and much more. We are

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<v Speaker 1>like in the dial up days of the Internet and

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<v Speaker 1>maybe the flip phone phase of the mobile phone error.

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<v Speaker 1>You know, maybe I might be off there, but I

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<v Speaker 1>hope you guys get the gist of what I'm trying

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<v Speaker 1>to say. Okay, one of the big factors that's going

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<v Speaker 1>to allow for more adoption is of course, the CLARITIAC. Now,

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<v Speaker 1>the CLARITIAC has been facing a lot of hurdles because

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<v Speaker 1>the banks don't want you to earn stable coin rewards

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<v Speaker 1>or yield because they want to continue getting their big

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<v Speaker 1>fat bonuses, and they don't want to give you higher

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<v Speaker 1>interest rates, nor do they want to give you staple

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<v Speaker 1>coin rewards. They want to keep the majority of the

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<v Speaker 1>money they've been earning as they park their cash at

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<v Speaker 1>the Fed. But stable coin rewards are just that. Well,

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<v Speaker 1>we've been waiting for some sort of compromise between the

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<v Speaker 1>banks and the crypto industry, and you know, we're waiting

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<v Speaker 1>for this market structure bill to make it out of

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<v Speaker 1>the Senate so it can be signed by President Trump.

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<v Speaker 1>And if we don't get that sooner than later, it's

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<v Speaker 1>going to be a problem because this is a mid

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<v Speaker 1>term election year, and the closer we get to that,

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<v Speaker 1>it's going to get messy. Nothing's going to get done. Right. Well,

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<v Speaker 1>we got to report here that White House senior official

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<v Speaker 1>Patrick Witt, who I interviewed just late last year, says

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<v Speaker 1>they're on the cusp of delivering a durable compromise on

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<v Speaker 1>the yield issue that pitted banks against crypto firms in

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<v Speaker 1>moving to a vote on clarity market structure legislation, So

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<v Speaker 1>sounds like things are starting to move here. We also

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<v Speaker 1>got an update from Senator Tim Scott who says that

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<v Speaker 1>the market structure negotiations are advancing. So he says, I

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<v Speaker 1>believe that this week we will have the first proposal

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<v Speaker 1>in my hands to take a look. So we got

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<v Speaker 1>to get this done. I hope that by the end

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<v Speaker 1>of March they have the compromise in place so that

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<v Speaker 1>the markup can happen in April, so they have to

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<v Speaker 1>mark up the bill and then they have to vote

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<v Speaker 1>on it. So maybe April all of April they mark

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<v Speaker 1>up this bill and then come May they vote on

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<v Speaker 1>it and it passes. That would be the ideal snare,

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<v Speaker 1>but you know, it's usually not that simple. The sausage

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<v Speaker 1>making process in DC is it's not an easy thing

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<v Speaker 1>to stomach, and you know, my hope is that it

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<v Speaker 1>can be that easy, but we're gonna have to weigh

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<v Speaker 1>and z. You know, there are also the banks are

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<v Speaker 1>also fighting back on certain DeFi aspects. A plus you

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<v Speaker 1>have the ethics aspect right, which is why I've been

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<v Speaker 1>so annoyed by President Trump and his family to like

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<v Speaker 1>cool it down with the crypto stuff, because the Democrats

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<v Speaker 1>are going to use that to try to block you know,

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<v Speaker 1>Elizabeth Warren and Maxine Waters, they're ready, they've been taking notes.

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<v Speaker 1>Oh you're mean coin. Oh we're liberty financial. Right. So

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<v Speaker 1>this is why I've been saying, look, wait till the

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<v Speaker 1>claritiac pass it, and you want to do your stuff with crypto. Sure,

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<v Speaker 1>I don't have a problem with that, especially if it's

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<v Speaker 1>more on the family side, kids versus the president having

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<v Speaker 1>a mean coin, right, But I digress. I think you

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<v Speaker 1>guys understand what I'm saying. So let's see. Let's see, folks.

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<v Speaker 1>I'm still optimistic, but there's been a lot of delays

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<v Speaker 1>and the banks are fighting hard. But great to hear

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<v Speaker 1>that there's some draft of a negotiation on the stable

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<v Speaker 1>coin yield situation coming up, and of course everybody's chomping

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<v Speaker 1>of the bit to see what the details are, so

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<v Speaker 1>stay tuned on that, folks. This episode is brought to

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<v Speaker 1>you by Treasure, which makes self custody of your crypto

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<v Speaker 1>assets easy. Treasure makes beautiful hardware devices. They are great

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<v Speaker 1>and easy to use. I personally use the Treasure Save

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<v Speaker 1>seven and the Treasure Save five and their device is

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<v Speaker 1>especially the new one. The Treasure Saved seven is Quantum ready.

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<v Speaker 1>It has top of the line security and treasure. They

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<v Speaker 1>were the pioneers of hardware weallins. They started this in

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<v Speaker 1>twenty thirteen. They created the seed phrase setup and much more.

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<v Speaker 1>And like I said, I'm a user, so I can

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<v Speaker 1>vouch for this device. And they support all your major assets.

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<v Speaker 1>Bitcoin in the top, all coins, solana e Theorem, xrp Cardano,

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<v Speaker 1>tons and tons of coins that they support, and they

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<v Speaker 1>support new tokens as they launch as well. They have

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<v Speaker 1>a great software suite called Treasure Suite which helps you

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<v Speaker 1>to manage your assets and you can buy and sell

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<v Speaker 1>within that platform. And they have a handholding service so

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<v Speaker 1>if you buy the device and you need to talk

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<v Speaker 1>to a rep to help you set it up, that

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<v Speaker 1>service is available. Don't worry. They don't ask you for

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<v Speaker 1>your private keys. And folks, if you use my code

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<v Speaker 1>thinking crypto all one where Thinking Crypto, you can get

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<v Speaker 1>five percent off your purchase. So check them out. Again.

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<v Speaker 1>I'm a user and they make beautiful hardware wallets and

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<v Speaker 1>this is the safest way to custody your assets where

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<v Speaker 1>you control the private keys, So check them out. The

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<v Speaker 1>links will be in the description. Now, folks, we got

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<v Speaker 1>some prediction market news here. So poly Market, which is

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<v Speaker 1>the leading prediction market platform, acquires bram if I'm saying

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<v Speaker 1>that right, BRHM eight to scale blockchain trading infrastructure. So

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<v Speaker 1>we know these platforms are very disruptive and in fact,

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<v Speaker 1>the crypto industry is facing a lot of battles some incumbents.

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<v Speaker 1>You got the banks fighting Stable, con Yale and DeFi,

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<v Speaker 1>And on the polymarket side or a prediction market side,

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<v Speaker 1>you have the gaming casinos and these folks who are fighting, right,

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<v Speaker 1>So it's the incumbents. But this is not unlike anything

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<v Speaker 1>we've seen in the past. It happens in every industry.

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<v Speaker 1>Just an example would be the taxi commissions fighting Uber, right.

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<v Speaker 1>But here are the details. Polymarket has acquired financial infrastructure

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<v Speaker 1>firm Brahma, bringing its team and real time execution and

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<v Speaker 1>settlement technology into the prediction markets platform. The acquisition is

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<v Speaker 1>intended to help polymarket scale its infrastructure and product suite

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<v Speaker 1>as it grows. Brama, which has processed more than one

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<v Speaker 1>billion dollars in transaction volume, will phase out all existing

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<v Speaker 1>products within thirty days, and has introduced users and has

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<v Speaker 1>instructed users to migrate their funds and positions. Now I

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<v Speaker 1>haven't used polymarketer Calshi. This is not for me. But look,

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<v Speaker 1>there are people out there who want to, you know,

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<v Speaker 1>do their thing and bets and all types of different things.

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<v Speaker 1>Maybe one day I will, but right now I would

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<v Speaker 1>rather put my money towards certain blockchains and tokens and

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<v Speaker 1>you know, make my money that way. But to each

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<v Speaker 1>his own. Here's a quote. Building reliable infrastructure across blockchain

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<v Speaker 1>networks and traditional financial rails is hard. There are no shortcuts,

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<v Speaker 1>said Shane Copeland, Polymarket CEO and founders. So this is

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<v Speaker 1>kind of why they did the acquisitions. So really great stuff, folks,

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<v Speaker 1>really really awesome. Okay, moving ahead, and this is related

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<v Speaker 1>to Trump's kids with American bitcoins. So Eric Trump, many

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<v Speaker 1>of you know, heads up American Bitcoin, which is becoming

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<v Speaker 1>one of the largest bitcoin minors. So they have climbed

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<v Speaker 1>to become the sixteenth largest bigcoin hole there with six

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<v Speaker 1>and ninety nine btc, and they've surpassed Mike Novograss's Galaxy Digital.

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<v Speaker 1>So this is one of the things I look at.

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<v Speaker 1>You know why, I'm still very bullish. I don't think

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<v Speaker 1>Trump's kids would be involved in crypto if they didn't

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<v Speaker 1>see the opportunity to make money. Right right now, they're down,

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<v Speaker 1>They're operating a loss because they're mining and they're buying

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<v Speaker 1>and holding bitcoin under a balance sheet. But the market's down,

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<v Speaker 1>Bitcoin's down, right, We were in the bear market. But

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<v Speaker 1>I think they know what's coming. Legislation's going to pass,

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<v Speaker 1>We're going to be out of this bear market, and

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<v Speaker 1>Big One's going to rally to new hiights. Guys, it's

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<v Speaker 1>all cyclical, right when you put aside the narratives and

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<v Speaker 1>you just look at the charts and the fundamentals and

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<v Speaker 1>the macro, it's all cyclical, right. So this is one

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<v Speaker 1>of the things I look at, just one. Now, I'm

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<v Speaker 1>not saying it's the main reason that I'm looking at.

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<v Speaker 1>These guys know what's coming. The Trump administration knows what's coming.

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<v Speaker 1>Trump knows what's coming, right. He wants to make the

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<v Speaker 1>US the crypto capital of the world. I just wish

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<v Speaker 1>you wouldn't do his mean coin crap, right, But I

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<v Speaker 1>don't think they're betting on this to lose money. They

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<v Speaker 1>are about making money. One thing's for sure, right, Trump

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<v Speaker 1>loves to make money and so does his family. So

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<v Speaker 1>this is a very good sign that they're doing all

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<v Speaker 1>this and they continue to double down where we're Liberty

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<v Speaker 1>as well as American Bitcoin and much more. Okay, Moving ahead,

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<v Speaker 1>Stripe led payments blockchain Tempo goes live with protocol for

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<v Speaker 1>AI agents. We're seeing a ton of development around AI agents,

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<v Speaker 1>which are gonna be a big part of the economy,

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<v Speaker 1>and we've talked a lot about it. Guys, they're gonna

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<v Speaker 1>use blockchain tech, right, They're gonna use stable coins or

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<v Speaker 1>payments and to do us atomic settlements and much more so. Tempo,

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<v Speaker 1>a payment's focused blockchain backed by Stripe and Paradigm, has

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<v Speaker 1>launched its maintenance, bringing its stable coin payment system out

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<v Speaker 1>of testing and into live use. The network is designed

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<v Speaker 1>to handle high volumes of low cost stable coin transactions

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<v Speaker 1>and now includes a machine payments protocol that lets software

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<v Speaker 1>and AI agents pay for service atonomously. The debut comes

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<v Speaker 1>amid a broader push by payments giant like MasterCard and

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<v Speaker 1>Stripe to integrate stable coins and blockchain rails into cross

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<v Speaker 1>border and everyday financial infrastructure. Guys. Man, I hope some

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<v Speaker 1>of it's resonating as to what the hell is being

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<v Speaker 1>built here? And look at when it's being built. There's

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<v Speaker 1>a common saying that building happens in the bear market

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<v Speaker 1>because there's no distraction with price and much more. And

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<v Speaker 1>I can't wait as we get back into the bull

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<v Speaker 1>market and all these things, a lot of the building

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<v Speaker 1>and the testing and proof of concept all go into production, right,

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<v Speaker 1>and things going live used by Tradify and real world

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<v Speaker 1>institutions and companies. And then you know many consumers and

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<v Speaker 1>users using these things that they don't even know it's

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<v Speaker 1>running behind the rails, right. So this is where you

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<v Speaker 1>have to do your research and keep up with everything. Okay,

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<v Speaker 1>final news item Crypto exchange Kraken freezes multi billion dollar

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<v Speaker 1>IPO plan due to difficult market conditions. You know, I

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<v Speaker 1>was wondering was cracking is still going to do it?

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<v Speaker 1>You know, still do the IPO, especially that we are

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<v Speaker 1>in a bear market. And here's an example of you know,

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<v Speaker 1>a saying I've been telling you guys for a while

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<v Speaker 1>is that no one goes public in a bear market.

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<v Speaker 1>It's not a good thing to do that because there's

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<v Speaker 1>less liquidity, right, and investors are going to be tight

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<v Speaker 1>with their money. So it's it's a further confirmation where

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<v Speaker 1>we are in a bear market, and you know, I'm

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<v Speaker 1>sure they're going to wait for better market conditions. Maybe

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<v Speaker 1>later this year. If the crypto market starts recovering as

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<v Speaker 1>we head into twenty twenty seven, maybe they want to

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<v Speaker 1>time it with the Clarityact passing and so forth. We

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<v Speaker 1>shall see. You know, could this bear market be kind

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<v Speaker 1>of short lived? You know, I think so, and I

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<v Speaker 1>could be wrong, but I was tweeting about it the

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<v Speaker 1>other day. We had a lackluster bull market. We did

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<v Speaker 1>not have a parabolic move, not even for bitcoin, right.

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<v Speaker 1>Bitcoin kind of haphazardly when to one twenty six and

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<v Speaker 1>then dumped. It wasn't It was no retail euphoria. It

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<v Speaker 1>was not like the previous bullmark as we've seen. So

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<v Speaker 1>it even touched certain Fibonacci levels. Guys that we've been

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<v Speaker 1>tracking for years that it had hit some of these

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<v Speaker 1>Fibonacci levels in the previous bull market. It didn't do

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<v Speaker 1>that this time around. So if that is the situation

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<v Speaker 1>on the upside, I can imagine the downside not being

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<v Speaker 1>as bad. Especially you're not having collapses like FTX and

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<v Speaker 1>all these things that are going to drive incredible cell

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<v Speaker 1>pressure and fear. Right, So, yes, there are macro factors

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<v Speaker 1>like the war and so forth, but still Crypto for

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<v Speaker 1>the most part, is more mature. They're more ETF holders,

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<v Speaker 1>and it's not you know, like your average Joe and

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<v Speaker 1>Jane who are panic selling. It's black rock and Fidelity.

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<v Speaker 1>They're still holding tons and tons of Bitcoin and E

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<v Speaker 1>than others. So it's very different this time around. So

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<v Speaker 1>that's why I don't think the downside's going to be

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<v Speaker 1>as bad now. I could be wrong. They could be

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<v Speaker 1>black swan events there ahead, right, But I think logically

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<v Speaker 1>here with a limited upside, I don't think there's gonna

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<v Speaker 1>be as much of a downside here, And I think

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<v Speaker 1>the majority of the downside move who've seen so far

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<v Speaker 1>for this bear market is completed. Can it wig down?

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<v Speaker 1>You know, another bigcoin, another five K, ten k, whatever, Sure,

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<v Speaker 1>you know, But the point is we're not dropping to

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<v Speaker 1>like fifteen k or twenty k that some people are saying, right,

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<v Speaker 1>oh it's over. Bitcoint going to thirty k and all

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<v Speaker 1>kinds of stuff I don't think that's happening. The lackluster

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<v Speaker 1>upside does not warrant that deep bloody bear market. So

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<v Speaker 1>patience is the key, my friends, and we will we

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<v Speaker 1>will recover and you know, maybe this rally that we're seeing,

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<v Speaker 1>I know there's a slight pullback today, you know, continues

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<v Speaker 1>a little higher and maybe we get a higher low

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<v Speaker 1>and it doesn't go down to a new low. You know,

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<v Speaker 1>we'll see and it builds from that going later into

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<v Speaker 1>the year, because you know, you can imagine if the

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<v Speaker 1>market Structure bill passes later this year, you know there's

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<v Speaker 1>going to be a bide room or sell the news

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<v Speaker 1>event around it, right like we saw with the ETF

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<v Speaker 1>launch and other things. This is how the market works.

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<v Speaker 1>This is how market makers operate. So we shall see,

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<v Speaker 1>we shall see. Lots to think about and pay attention to,

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<v Speaker 1>but patience and having the emotional control is important. Folks.

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

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

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<v Speaker 1>the podcast by subscribing to my free email news that

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<v Speaker 1>be in a description. Grab a copy of my book

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

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00:18:35.160 --> 00:18:38.200
<v Speaker 1>out my course at Mycrypto course dot com. This is

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00:18:38.240 --> 00:18:40.759
<v Speaker 1>a comprehensive course that teaches you everything you need to

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00:18:40.759 --> 00:18:44.640
<v Speaker 1>know about crypto and blockchain technology. Knowledge is power, and folks,

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<v Speaker 1>we got a big discount going on. Use the code

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<v Speaker 1>bear at checkout b E A R to get fifty

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<v Speaker 1>percent off the course. It's a one time fee. You

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00:18:54.440 --> 00:18:56.720
<v Speaker 1>get lifetime access, you know, go to your own pace

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00:18:56.880 --> 00:18:58.720
<v Speaker 1>share to log in with your friends and family if

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00:18:58.759 --> 00:19:01.720
<v Speaker 1>you want. And it's packed with tons of value and

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<v Speaker 1>you're going to hear from experts. So I interviewed a

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<v Speaker 1>lot of folks and I ask them specific questions which

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<v Speaker 1>have not been published, by the way publicly, I should say,

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<v Speaker 1>they're published within the course. So again you're gonna hear

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<v Speaker 1>from experts and they're gonna break it down different aspects

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<v Speaker 1>of crypto to you. So all the links will be

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<v Speaker 1>in the description. Folks, thank you so much for tuning in.

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