Speaker 1: Hey everybody, Welcome into the Thinking Crypto Podcasts. You're home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward.
Speaker 1: On your way in. Please hit that subscribe button as
Speaker 1: well as a thumbsup button and leave a comment below.
Speaker 1: If you're listening on a podcast platform such as Spotify
Speaker 1: or Apple or wherever you get your podcasts, be sure
Speaker 1: to follow and leave a five star rating. Well, folks,
Speaker 1: today we got more big news from the SEC. Yesterday,
Speaker 1: the SEC released guidance on what's the security and what's
Speaker 1: not as it relates to crypto assets and digital assets. Well,
Speaker 1: today the SEC approved the nasdaq's move to support token
Speaker 1: ised securities trading. This is huge. The NASAK is the
Speaker 1: second largest exchange in the world. The New York Stock
Speaker 1: Exchange is the first, of course, and we know they
Speaker 1: are all moving to twenty four to seven three sixty
Speaker 1: five trading because of the blockchain technology. It's as Larry Fink,
Speaker 1: CEO black Rock set a few years ago, tonzation is
Speaker 1: the future of finance, and as I've been telling you guys,
Speaker 1: the future capital markets, economies, and governments will all run
Speaker 1: in blockchain rails. So this is very big because having
Speaker 1: the regulatory agency, the sec which we know is the
Speaker 1: powerhouse when it comes to regulations of markets and much more,
Speaker 1: giving you the stamp of approval. It's significant. So we're
Speaker 1: going to see all the banged stock exchanges and much
Speaker 1: more get on board. So the Securities and Exchange Commission
Speaker 1: approve nasdaq's plan to let certain securities trade in tokenized form,
Speaker 1: integrating blockchain technology into US equity markets. Under the new framework,
Speaker 1: eligible NASDAQ participants can opt to settle trades as blockchain
Speaker 1: based tokens that trade alongside traditional shares with the same tickers, prices,
Speaker 1: and investor rights. Tokenization of stocks have emerged as a
Speaker 1: fast growing sector, captivating major exchanges such as NASDAC and
Speaker 1: in You York Stock Exchange. So, folks, eventually, eventually, as
Speaker 1: companies go public, there won't be a separation. It won't
Speaker 1: be tokenized assets and the traditional versions. They will all
Speaker 1: be on the blockchain. But we're not there yet, right.
Speaker 1: The infrastructure has to be built out. They have to
Speaker 1: figure out how all of this is going to work,
Speaker 1: as well as with the counterparties and all the moving
Speaker 1: parts and components, and the pipeline needs to be updated.
Speaker 1: So you can't just do this overnight and then eliminate
Speaker 1: the traditional versions. Right. Also, the consumers need to be educated.
Speaker 1: Why should they invest in the tokenized versions, right? They
Speaker 1: need to understand what's happening, why they can trade it
Speaker 1: twenty four to seven, what are the benefits. So there's
Speaker 1: education and building that needs to be done. But do
Speaker 1: you see where we're at. We are in the early innings,
Speaker 1: and eventually this will all be set up where I've
Speaker 1: been telling you guys for years, there will be no
Speaker 1: more opening and closing bell, right, that will be a
Speaker 1: thing of the past. Markets were run twenty four to seven,
Speaker 1: be tokenized, be fractionalized. As a result, they are able
Speaker 1: to be accessible in different parts of the world, bringing
Speaker 1: moral liquidity, and you can put some of these assets
Speaker 1: to work in the tokenized version via DeFi and much
Speaker 1: much more. So. This is really really great and great
Speaker 1: to see the agency, the SEC is giving these approvals
Speaker 1: and they're not waiting for the CLARITIAC, but they've got
Speaker 1: the mandate from the Trump administration as well as members
Speaker 1: of Congress. And we're going to talk about the CLARITIAC
Speaker 1: just a little bit later. But another example of how
Speaker 1: things are changing guys. Traders can now bet on the
Speaker 1: SMP five hundred around the clock without ever touching a
Speaker 1: traditional stock exchange. Because the SMP Dow Jones Indices licenses
Speaker 1: it's flagship index for crypto trading on hyper liquid, as
Speaker 1: perpetual features gain traction beyond traditional markets, this is a
Speaker 1: significant update as well. So here are the details. The
Speaker 1: SMP Dow Jones Indices has licensed the SMP five hundred
Speaker 1: to trade Xyz that's the name of the firm, to
Speaker 1: launch the first officially approved SMP five hundred perpetual futures
Speaker 1: contract on the hyper liquid blockchain. The new product lets
Speaker 1: eligible non US investors trade leveraged on chain SMP five
Speaker 1: hundred exposure around the clock using real time index data,
Speaker 1: even when the traditional stock markets are closed. So here's
Speaker 1: a great example of where we're headed. So the launch
Speaker 1: underscores the SMPS push to expand its benchmarks into digital
Speaker 1: markets and has coincided with rising trading volumes and gains
Speaker 1: in hyper Liquid's hype token. Now I don't hold the
Speaker 1: hype token, it has performed well since launching. I'm sure
Speaker 1: some of you may hold it, but if you do,
Speaker 1: you know, let me know. In the comment section. But guys,
Speaker 1: I hope you see the direction to Puck is heading
Speaker 1: in and why you have to be patient and have
Speaker 1: to macro view. You know, you got to look at
Speaker 1: the S curve adoption and if you look at a
Speaker 1: great comparison will be mobile phones and as well as
Speaker 1: the Internet. It takes time, right, you got to build
Speaker 1: the infrastructure out. When it came to the Internet, it
Speaker 1: was first dial up, and that was so clunky and
Speaker 1: so much friction, and you know, computers were not the
Speaker 1: fastest back then, right, you had the big boxes and
Speaker 1: towers in your homes, and now it's a much faster,
Speaker 1: better experience. Same thing with mobile phones. You have the big,
Speaker 1: clunky bricks from the late eighties into early nineties, and
Speaker 1: you had the flip phones and it was not what
Speaker 1: it was now. And eventually we got to smartphones and
Speaker 1: a better user experience, apps and much more. We are
Speaker 1: like in the dial up days of the Internet and
Speaker 1: maybe the flip phone phase of the mobile phone error.
Speaker 1: You know, maybe I might be off there, but I
Speaker 1: hope you guys get the gist of what I'm trying
Speaker 1: to say. Okay, one of the big factors that's going
Speaker 1: to allow for more adoption is of course, the CLARITIAC. Now,
Speaker 1: the CLARITIAC has been facing a lot of hurdles because
Speaker 1: the banks don't want you to earn stable coin rewards
Speaker 1: or yield because they want to continue getting their big
Speaker 1: fat bonuses, and they don't want to give you higher
Speaker 1: interest rates, nor do they want to give you staple
Speaker 1: coin rewards. They want to keep the majority of the
Speaker 1: money they've been earning as they park their cash at
Speaker 1: the Fed. But stable coin rewards are just that. Well,
Speaker 1: we've been waiting for some sort of compromise between the
Speaker 1: banks and the crypto industry, and you know, we're waiting
Speaker 1: for this market structure bill to make it out of
Speaker 1: the Senate so it can be signed by President Trump.
Speaker 1: And if we don't get that sooner than later, it's
Speaker 1: going to be a problem because this is a mid
Speaker 1: term election year, and the closer we get to that,
Speaker 1: it's going to get messy. Nothing's going to get done. Right. Well,
Speaker 1: we got to report here that White House senior official
Speaker 1: Patrick Witt, who I interviewed just late last year, says
Speaker 1: they're on the cusp of delivering a durable compromise on
Speaker 1: the yield issue that pitted banks against crypto firms in
Speaker 1: moving to a vote on clarity market structure legislation, So
Speaker 1: sounds like things are starting to move here. We also
Speaker 1: got an update from Senator Tim Scott who says that
Speaker 1: the market structure negotiations are advancing. So he says, I
Speaker 1: believe that this week we will have the first proposal
Speaker 1: in my hands to take a look. So we got
Speaker 1: to get this done. I hope that by the end
Speaker 1: of March they have the compromise in place so that
Speaker 1: the markup can happen in April, so they have to
Speaker 1: mark up the bill and then they have to vote
Speaker 1: on it. So maybe April all of April they mark
Speaker 1: up this bill and then come May they vote on
Speaker 1: it and it passes. That would be the ideal snare,
Speaker 1: but you know, it's usually not that simple. The sausage
Speaker 1: making process in DC is it's not an easy thing
Speaker 1: to stomach, and you know, my hope is that it
Speaker 1: can be that easy, but we're gonna have to weigh
Speaker 1: and z. You know, there are also the banks are
Speaker 1: also fighting back on certain DeFi aspects. A plus you
Speaker 1: have the ethics aspect right, which is why I've been
Speaker 1: so annoyed by President Trump and his family to like
Speaker 1: cool it down with the crypto stuff, because the Democrats
Speaker 1: are going to use that to try to block you know,
Speaker 1: Elizabeth Warren and Maxine Waters, they're ready, they've been taking notes.
Speaker 1: Oh you're mean coin. Oh we're liberty financial. Right. So
Speaker 1: this is why I've been saying, look, wait till the
Speaker 1: claritiac pass it, and you want to do your stuff with crypto. Sure,
Speaker 1: I don't have a problem with that, especially if it's
Speaker 1: more on the family side, kids versus the president having
Speaker 1: a mean coin, right, But I digress. I think you
Speaker 1: guys understand what I'm saying. So let's see. Let's see, folks.
Speaker 1: I'm still optimistic, but there's been a lot of delays
Speaker 1: and the banks are fighting hard. But great to hear
Speaker 1: that there's some draft of a negotiation on the stable
Speaker 1: coin yield situation coming up, and of course everybody's chomping
Speaker 1: of the bit to see what the details are, so
Speaker 1: stay tuned on that, folks. This episode is brought to
Speaker 1: you by Treasure, which makes self custody of your crypto
Speaker 1: assets easy. Treasure makes beautiful hardware devices. They are great
Speaker 1: and easy to use. I personally use the Treasure Save
Speaker 1: seven and the Treasure Save five and their device is
Speaker 1: especially the new one. The Treasure Saved seven is Quantum ready.
Speaker 1: It has top of the line security and treasure. They
Speaker 1: were the pioneers of hardware weallins. They started this in
Speaker 1: twenty thirteen. They created the seed phrase setup and much more.
Speaker 1: And like I said, I'm a user, so I can
Speaker 1: vouch for this device. And they support all your major assets.
Speaker 1: Bitcoin in the top, all coins, solana e Theorem, xrp Cardano,
Speaker 1: doche Coin, and you just go down the list. There's
Speaker 1: tons and tons of coins that they support, and they
Speaker 1: support new tokens as they launch as well. They have
Speaker 1: a great software suite called Treasure Suite which helps you
Speaker 1: to manage your assets and you can buy and sell
Speaker 1: within that platform. And they have a handholding service so
Speaker 1: if you buy the device and you need to talk
Speaker 1: to a rep to help you set it up, that
Speaker 1: service is available. Don't worry. They don't ask you for
Speaker 1: your private keys. And folks, if you use my code
Speaker 1: thinking crypto all one where Thinking Crypto, you can get
Speaker 1: five percent off your purchase. So check them out. Again.
Speaker 1: I'm a user and they make beautiful hardware wallets and
Speaker 1: this is the safest way to custody your assets where
Speaker 1: you control the private keys, So check them out. The
Speaker 1: links will be in the description. Now, folks, we got
Speaker 1: some prediction market news here. So poly Market, which is
Speaker 1: the leading prediction market platform, acquires bram if I'm saying
Speaker 1: that right, BRHM eight to scale blockchain trading infrastructure. So
Speaker 1: we know these platforms are very disruptive and in fact,
Speaker 1: the crypto industry is facing a lot of battles some incumbents.
Speaker 1: You got the banks fighting Stable, con Yale and DeFi,
Speaker 1: And on the polymarket side or a prediction market side,
Speaker 1: you have the gaming casinos and these folks who are fighting, right,
Speaker 1: So it's the incumbents. But this is not unlike anything
Speaker 1: we've seen in the past. It happens in every industry.
Speaker 1: Just an example would be the taxi commissions fighting Uber, right.
Speaker 1: But here are the details. Polymarket has acquired financial infrastructure
Speaker 1: firm Brahma, bringing its team and real time execution and
Speaker 1: settlement technology into the prediction markets platform. The acquisition is
Speaker 1: intended to help polymarket scale its infrastructure and product suite
Speaker 1: as it grows. Brama, which has processed more than one
Speaker 1: billion dollars in transaction volume, will phase out all existing
Speaker 1: products within thirty days, and has introduced users and has
Speaker 1: instructed users to migrate their funds and positions. Now I
Speaker 1: haven't used polymarketer Calshi. This is not for me. But look,
Speaker 1: there are people out there who want to, you know,
Speaker 1: do their thing and bets and all types of different things.
Speaker 1: Maybe one day I will, but right now I would
Speaker 1: rather put my money towards certain blockchains and tokens and
Speaker 1: you know, make my money that way. But to each
Speaker 1: his own. Here's a quote. Building reliable infrastructure across blockchain
Speaker 1: networks and traditional financial rails is hard. There are no shortcuts,
Speaker 1: said Shane Copeland, Polymarket CEO and founders. So this is
Speaker 1: kind of why they did the acquisitions. So really great stuff, folks,
Speaker 1: really really awesome. Okay, moving ahead, and this is related
Speaker 1: to Trump's kids with American bitcoins. So Eric Trump, many
Speaker 1: of you know, heads up American Bitcoin, which is becoming
Speaker 1: one of the largest bitcoin minors. So they have climbed
Speaker 1: to become the sixteenth largest bigcoin hole there with six
Speaker 1: and ninety nine btc, and they've surpassed Mike Novograss's Galaxy Digital.
Speaker 1: So this is one of the things I look at.
Speaker 1: You know why, I'm still very bullish. I don't think
Speaker 1: Trump's kids would be involved in crypto if they didn't
Speaker 1: see the opportunity to make money. Right right now, they're down,
Speaker 1: They're operating a loss because they're mining and they're buying
Speaker 1: and holding bitcoin under a balance sheet. But the market's down,
Speaker 1: Bitcoin's down, right, We were in the bear market. But
Speaker 1: I think they know what's coming. Legislation's going to pass,
Speaker 1: We're going to be out of this bear market, and
Speaker 1: Big One's going to rally to new hiights. Guys, it's
Speaker 1: all cyclical, right when you put aside the narratives and
Speaker 1: you just look at the charts and the fundamentals and
Speaker 1: the macro, it's all cyclical, right. So this is one
Speaker 1: of the things I look at, just one. Now, I'm
Speaker 1: not saying it's the main reason that I'm looking at.
Speaker 1: These guys know what's coming. The Trump administration knows what's coming.
Speaker 1: Trump knows what's coming, right. He wants to make the
Speaker 1: US the crypto capital of the world. I just wish
Speaker 1: you wouldn't do his mean coin crap, right, But I
Speaker 1: don't think they're betting on this to lose money. They
Speaker 1: are about making money. One thing's for sure, right, Trump
Speaker 1: loves to make money and so does his family. So
Speaker 1: this is a very good sign that they're doing all
Speaker 1: this and they continue to double down where we're Liberty
Speaker 1: as well as American Bitcoin and much more. Okay, Moving ahead,
Speaker 1: Stripe led payments blockchain Tempo goes live with protocol for
Speaker 1: AI agents. We're seeing a ton of development around AI agents,
Speaker 1: which are gonna be a big part of the economy,
Speaker 1: and we've talked a lot about it. Guys, they're gonna
Speaker 1: use blockchain tech, right, They're gonna use stable coins or
Speaker 1: payments and to do us atomic settlements and much more so. Tempo,
Speaker 1: a payment's focused blockchain backed by Stripe and Paradigm, has
Speaker 1: launched its maintenance, bringing its stable coin payment system out
Speaker 1: of testing and into live use. The network is designed
Speaker 1: to handle high volumes of low cost stable coin transactions
Speaker 1: and now includes a machine payments protocol that lets software
Speaker 1: and AI agents pay for service atonomously. The debut comes
Speaker 1: amid a broader push by payments giant like MasterCard and
Speaker 1: Stripe to integrate stable coins and blockchain rails into cross
Speaker 1: border and everyday financial infrastructure. Guys. Man, I hope some
Speaker 1: of it's resonating as to what the hell is being
Speaker 1: built here? And look at when it's being built. There's
Speaker 1: a common saying that building happens in the bear market
Speaker 1: because there's no distraction with price and much more. And
Speaker 1: I can't wait as we get back into the bull
Speaker 1: market and all these things, a lot of the building
Speaker 1: and the testing and proof of concept all go into production, right,
Speaker 1: and things going live used by Tradify and real world
Speaker 1: institutions and companies. And then you know many consumers and
Speaker 1: users using these things that they don't even know it's
Speaker 1: running behind the rails, right. So this is where you
Speaker 1: have to do your research and keep up with everything. Okay,
Speaker 1: final news item Crypto exchange Kraken freezes multi billion dollar
Speaker 1: IPO plan due to difficult market conditions. You know, I
Speaker 1: was wondering was cracking is still going to do it?
Speaker 1: You know, still do the IPO, especially that we are
Speaker 1: in a bear market. And here's an example of you know,
Speaker 1: a saying I've been telling you guys for a while
Speaker 1: is that no one goes public in a bear market.
Speaker 1: It's not a good thing to do that because there's
Speaker 1: less liquidity, right, and investors are going to be tight
Speaker 1: with their money. So it's it's a further confirmation where
Speaker 1: we are in a bear market, and you know, I'm
Speaker 1: sure they're going to wait for better market conditions. Maybe
Speaker 1: later this year. If the crypto market starts recovering as
Speaker 1: we head into twenty twenty seven, maybe they want to
Speaker 1: time it with the Clarityact passing and so forth. We
Speaker 1: shall see. You know, could this bear market be kind
Speaker 1: of short lived? You know, I think so, and I
Speaker 1: could be wrong, but I was tweeting about it the
Speaker 1: other day. We had a lackluster bull market. We did
Speaker 1: not have a parabolic move, not even for bitcoin, right.
Speaker 1: Bitcoin kind of haphazardly when to one twenty six and
Speaker 1: then dumped. It wasn't It was no retail euphoria. It
Speaker 1: was not like the previous bullmark as we've seen. So
Speaker 1: it even touched certain Fibonacci levels. Guys that we've been
Speaker 1: tracking for years that it had hit some of these
Speaker 1: Fibonacci levels in the previous bull market. It didn't do
Speaker 1: that this time around. So if that is the situation
Speaker 1: on the upside, I can imagine the downside not being
Speaker 1: as bad. Especially you're not having collapses like FTX and
Speaker 1: all these things that are going to drive incredible cell
Speaker 1: pressure and fear. Right, So, yes, there are macro factors
Speaker 1: like the war and so forth, but still Crypto for
Speaker 1: the most part, is more mature. They're more ETF holders,
Speaker 1: and it's not you know, like your average Joe and
Speaker 1: Jane who are panic selling. It's black rock and Fidelity.
Speaker 1: They're still holding tons and tons of Bitcoin and E
Speaker 1: than others. So it's very different this time around. So
Speaker 1: that's why I don't think the downside's going to be
Speaker 1: as bad now. I could be wrong. They could be
Speaker 1: black swan events there ahead, right, But I think logically
Speaker 1: here with a limited upside, I don't think there's gonna
Speaker 1: be as much of a downside here, And I think
Speaker 1: the majority of the downside move who've seen so far
Speaker 1: for this bear market is completed. Can it wig down?
Speaker 1: You know, another bigcoin, another five K, ten k, whatever, Sure,
Speaker 1: you know, But the point is we're not dropping to
Speaker 1: like fifteen k or twenty k that some people are saying, right,
Speaker 1: oh it's over. Bitcoint going to thirty k and all
Speaker 1: kinds of stuff I don't think that's happening. The lackluster
Speaker 1: upside does not warrant that deep bloody bear market. So
Speaker 1: patience is the key, my friends, and we will we
Speaker 1: will recover and you know, maybe this rally that we're seeing,
Speaker 1: I know there's a slight pullback today, you know, continues
Speaker 1: a little higher and maybe we get a higher low
Speaker 1: and it doesn't go down to a new low. You know,
Speaker 1: we'll see and it builds from that going later into
Speaker 1: the year, because you know, you can imagine if the
Speaker 1: market Structure bill passes later this year, you know there's
Speaker 1: going to be a bide room or sell the news
Speaker 1: event around it, right like we saw with the ETF
Speaker 1: launch and other things. This is how the market works.
Speaker 1: This is how market makers operate. So we shall see,
Speaker 1: we shall see. Lots to think about and pay attention to,
Speaker 1: but patience and having the emotional control is important. Folks.
Speaker 1: That's the news. Let me know what you think. Leave
Speaker 1: your thoughts and comments below, hit the thumbs up button
Speaker 1: subscribe if you haven't as yet, be sure to support
Speaker 1: the podcast by subscribing to my free email news that
Speaker 1: are on Substack. It's one hundred percent free. Link will
Speaker 1: be in a description. Grab a copy of my book
Speaker 1: on Amazon. It's available in paperback, in digital, and check
Speaker 1: out my course at Mycrypto course dot com. This is
Speaker 1: a comprehensive course that teaches you everything you need to
Speaker 1: know about crypto and blockchain technology. Knowledge is power, and folks,
Speaker 1: we got a big discount going on. Use the code
Speaker 1: bear at checkout b E A R to get fifty
Speaker 1: percent off the course. It's a one time fee. You
Speaker 1: get lifetime access, you know, go to your own pace
Speaker 1: share to log in with your friends and family if
Speaker 1: you want. And it's packed with tons of value and
Speaker 1: you're going to hear from experts. So I interviewed a
Speaker 1: lot of folks and I ask them specific questions which
Speaker 1: have not been published, by the way publicly, I should say,
Speaker 1: they're published within the course. So again you're gonna hear
Speaker 1: from experts and they're gonna break it down different aspects
Speaker 1: of crypto to you. So all the links will be
Speaker 1: in the description. Folks, thank you so much for tuning in.
Speaker 1: I appreciate you all, and I'll talk to you all later.