WEBVTT

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<v Speaker 1>Hey, everybody, 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 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, please leave a five star rating and review. Okay, folks,

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<v Speaker 1>we got to start with Bitcoin because we had a

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<v Speaker 1>little bit of a pullback. Bitcoin currently trading at ninety two,

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<v Speaker 1>five hundred and twenty one dollars. Nothing to be concerned about.

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<v Speaker 1>We are still forming higher highs and higher lows as

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<v Speaker 1>we continue to work our way out of the correction

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<v Speaker 1>we've been in since Q four. Now, of course, the

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<v Speaker 1>narratives are going to be attached to the price, right

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<v Speaker 1>narrative followers price. We got some tariff war fears continuing

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<v Speaker 1>between US and EU, things we've seen before, but I

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<v Speaker 1>don't believe it's at the critical level where markets are

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<v Speaker 1>all going to dump right now, though gold and silver

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<v Speaker 1>are ripping, Gold hitting new all time highs and silver

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<v Speaker 1>as well. It's pretty wild, but like I said, for Bitcoin,

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<v Speaker 1>we're just forming higher highs and higher lows. You know,

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<v Speaker 1>credible Crypto Great Analysts shared a chart showing he was

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<v Speaker 1>actually anticipating this pullback, and he's saying that, you know,

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<v Speaker 1>we could see a pullback between the zone of eighty

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<v Speaker 1>nine thousand two ninety two thousand, so we may find

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<v Speaker 1>a bottom there and then continue. The big question is,

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<v Speaker 1>you know, the rally that has started but and will continue.

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<v Speaker 1>Is that just simply a dead cat balance that will

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<v Speaker 1>roll over into a bear market to new lows or

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<v Speaker 1>is this a move to new all time highs? And

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<v Speaker 1>that's the big question everyone has. However, a very great

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<v Speaker 1>sign that we've seen that has preceded previous bull market

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<v Speaker 1>rallies are big whales are continuing to accumulate. So large

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<v Speaker 1>bitcoin holders buy the most coins since the FTX collapse

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<v Speaker 1>of twenty twenty two. That's pretty significant, folks. All the

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<v Speaker 1>distribution we saw last year, now we're seeing a high

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<v Speaker 1>volume of accumulation that is at the FTX collapse level

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<v Speaker 1>back in twenty twenty two, which was the bottom of

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<v Speaker 1>the bear market. That's pretty significant, and I think we

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<v Speaker 1>can rule this out. So let me give you some details. So,

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<v Speaker 1>over the past thirty days, entities holding between ten to

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<v Speaker 1>one thousand bitcoin commonly referred to as fish to Shark cohort,

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<v Speaker 1>have accumulated approximately one hundred and ten thousand bitcoin according

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<v Speaker 1>to Glass Note that's the largest such increase since bitcoin

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<v Speaker 1>fell to the fifteen thousand dollars area just three years ago.

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<v Speaker 1>This renewed accumulation has occurred as bitcoin remained stuck in

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<v Speaker 1>tight range, roughly twenty five percent below its October record high,

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<v Speaker 1>though also about fifteen percent above its November low of

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<v Speaker 1>around eighty thousand dollars. So the fish to Shark cohort

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<v Speaker 1>think high net worth individuals, trading desks and some institutional

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<v Speaker 1>sized entities now control nearly six point six million coins,

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<v Speaker 1>up from about six point four million two months ago. Now,

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<v Speaker 1>I've been sharing data from six stimate which also validates this, guys, right,

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<v Speaker 1>I've been highlighting it over the past few weeks. Also,

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<v Speaker 1>I've been putting the charts in my newsletter, so data

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<v Speaker 1>from sentiments showing whalle it's with ten or more bitcoin

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<v Speaker 1>and even going up to about ten thousand coins have

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<v Speaker 1>been accumulating. Debde on the rise and again this has

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<v Speaker 1>driven price. Historically, we've seen crashes throughout this market or

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<v Speaker 1>this bull market, and as the whales started accumulating, the

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<v Speaker 1>price went up. You know, one of the things I

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<v Speaker 1>was highlighting is that they were distributing back in Q

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<v Speaker 1>four and then towards the end of December they paused

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<v Speaker 1>and then they started accumulating since then, So data from

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<v Speaker 1>multiple sources are confirming the whales are accumulating. What do

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<v Speaker 1>you think is going to happen? Folks? And you know,

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<v Speaker 1>we've been tracking USDT dominance which was breaking down, and

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<v Speaker 1>obviously right now it's rising a bit with this mini

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<v Speaker 1>sell off, but I believe that the trajectory is down.

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<v Speaker 1>I think it's going to continue to go down. But look,

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<v Speaker 1>we're gonna have to wait and see. I don't know

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<v Speaker 1>what truck is going to throw into the mix. More terrorists,

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<v Speaker 1>more this and that that could drive the market's nuts.

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<v Speaker 1>We've seen this before. We just got to get through

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<v Speaker 1>it and be patient. Now, speaking of Trump, Animoka's Yat

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<v Speaker 1>Sue says Crypto's Trump moment is over now. Many of

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<v Speaker 1>you may recall I've interviewed Yatsu a couple of times.

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<v Speaker 1>He's the founder and CEO of Animoka Brands, which is

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<v Speaker 1>over in Hong Kong. They're a massive fund that is

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<v Speaker 1>investing in Web three and crypto. So as twenty twenty

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<v Speaker 1>five progressed, the crypto market realized that political expectations tied

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<v Speaker 1>to Donald Trump's presidency we're not materializing, leading to a

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<v Speaker 1>shift in focus towards structural changes. Yat Sue, co founder

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<v Speaker 1>of Animocha Brands, highlights the growing influence of institutional capital

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<v Speaker 1>in crypto markets, likening bitcoin to a reserve asset akin

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<v Speaker 1>to gold. Sue argues that the convergence of crypto and

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<v Speaker 1>AI is reshaping the financial landscape, with Hong Kong position

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<v Speaker 1>as a key hub for this technological evolution. So he's

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<v Speaker 1>essentially saying, look, the narratives going to shift away from Trump,

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<v Speaker 1>which I think is a very good thing. It should

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<v Speaker 1>not be tied to a president or political figure, right.

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<v Speaker 1>Obviously it made sense that it was initially tied to

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<v Speaker 1>it because Donald Trump came in and issued and ordered

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<v Speaker 1>to change right to get rid of Gary Ginster and

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<v Speaker 1>all these folks and the attack on crypto. So certainly

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<v Speaker 1>thankful for that right, because we wouldn't have the crypto

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<v Speaker 1>friendly environment you know that we have now without Donald Trump. However,

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<v Speaker 1>I keep it real with you guys, as an independent

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<v Speaker 1>I have no dog in the fight, right, so it's

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<v Speaker 1>easy for me to look at things and call things

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<v Speaker 1>as they are. I can say what's right and what's wrong. Well,

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<v Speaker 1>you know, people in either camp, they can't do that.

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<v Speaker 1>They must say everything is right, it's you know, it's crazy.

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<v Speaker 1>But anyway, this is the world we live in. But

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<v Speaker 1>you know, Trump then launched terrorists that crash markets, delayed liquidity,

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<v Speaker 1>and much more so, he launched his main coin, which

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<v Speaker 1>I believe was a very bad idea, and I think

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<v Speaker 1>that really stole a lot of credibility from the market

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<v Speaker 1>and stole liquidity from all coins as well. But I digress.

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<v Speaker 1>We're getting crypto legislation through and we are of course

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<v Speaker 1>in the process of getting market structure going. But I

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<v Speaker 1>agree with yet here the narrative is starting to shift,

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<v Speaker 1>which is great. We need people to not focus on

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<v Speaker 1>Trump because if we're looking for adoption, it needs to

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<v Speaker 1>move away from political figures and so forth, and it

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<v Speaker 1>needs to focus on the building again, the technology, the adoption,

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<v Speaker 1>how it makes things better for people and much more so.

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<v Speaker 1>I think that that change is happening, and hopefully once

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<v Speaker 1>the market Structure bill is done here in the United States,

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<v Speaker 1>we can not have to look towards Trump or the

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<v Speaker 1>administration and any political figure for that matter. But rather

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<v Speaker 1>let's start building. Let's get more capital to come in

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<v Speaker 1>and much more. Okay, folks, this episode is brought to

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<v Speaker 1>they were the ones who started all this. They created

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<v Speaker 1>the hardware, the first hardware wallet and the seed phrase setup,

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<v Speaker 1>so they have an incredible pedigree. And folks, the device

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<v Speaker 1>so that's how much they trust what they've built. And

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<v Speaker 1>Treasures devices support all the major coins Bitcoin, xrp Ethereum, Solana, Cardano,

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<v Speaker 1>can use my code thinking Crypto all one where Thinking

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<v Speaker 1>Crypto to get five percent off your purchase. Okay, folks,

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<v Speaker 1>look at this news. Wall Street integration will power cryptos.

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<v Speaker 1>Next phase says fidelity digital assets. So with Wall Street

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<v Speaker 1>coming in, they're building a lot of the infrastructure. Now,

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<v Speaker 1>don't get me wrong, there are crypto native companies doing that,

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<v Speaker 1>but Wall Street, you know, they have a lot of

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<v Speaker 1>experience in different areas. They build a lot of the

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<v Speaker 1>infrastructure for the tradfi assets like stocks and equities and

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<v Speaker 1>so on and so forth, and now they're going to

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<v Speaker 1>help to do that for crypto. So digital assets are

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<v Speaker 1>nearing a structural inflection point similar to the shipping container's

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<v Speaker 1>impact on global trade. Institutional adoption is expanding through custody derivatives, tokenization,

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<v Speaker 1>and slow moving capital pools like pensions and endowments. According

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<v Speaker 1>to Fidelity Digital Assets, Chris Cooper, wealth advisors could become

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<v Speaker 1>a major, underestimated source of long term demand as crypto

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<v Speaker 1>access broadens. He said, So, folks, again, the infrastructure being

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<v Speaker 1>set up here, the white glove service, the insurance, the assurance,

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<v Speaker 1>the things we've talked about for years, and I believe

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<v Speaker 1>once the Crypto Market Structure Bill is passed, we're going

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<v Speaker 1>to see an explosion of innovation in building. I've often

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<v Speaker 1>talked about mergers and acquisitions there. You know, there's going

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<v Speaker 1>to be a lot of tradifi companies looking to acquire

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<v Speaker 1>crypto companies and vice versa. So things are really going

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<v Speaker 1>to take off. The ball is rolling. I think everybody

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<v Speaker 1>recognizes that this is the future. This asset class is

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<v Speaker 1>here to state. The technology is clearly going to power

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<v Speaker 1>the markets, the governments, and the economies moving forward. So

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<v Speaker 1>all of these Wall Street banks and institutions are all

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<v Speaker 1>setting up and we've seen it. Black Rock State Street, Fidelity, Franklin,

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<v Speaker 1>Templeton and much more. And most recently, you know, you

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<v Speaker 1>had the big capitulation Morgan, Stanley and Vanguard. So even

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<v Speaker 1>the naysayers, the people who were hesitant, they were sitting

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<v Speaker 1>on the fence, they are all in now, all right,

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<v Speaker 1>moving ahead. Ethereum daily transactions searge to all time high

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<v Speaker 1>as gas fees fall to record lows. So this is

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<v Speaker 1>really great news and I'm hoping that this could help

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<v Speaker 1>contribute to Etherorem doing a major move following Bitcoin, of course,

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<v Speaker 1>and depending on if Bitcoin hits new highs or you know,

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<v Speaker 1>it just does a debt cat bounce. But we know

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<v Speaker 1>all coins are going to follow, and we need Etherrem

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<v Speaker 1>to do well for the all coin market. I don't

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<v Speaker 1>make the rules. This is not an emotional take. It's

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<v Speaker 1>just how we've seen the market run. And there's a

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<v Speaker 1>lot of coins that are built on Etherorem's blockchain that

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<v Speaker 1>use the EVM and much more so. The fact that

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<v Speaker 1>eth is seeing this type of activity is very good.

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<v Speaker 1>It's I think one of the contributing factors to price appreciation.

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<v Speaker 1>So the seven day moving average of transactions on Etherorem

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<v Speaker 1>is nearing two point five million a record high that's

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<v Speaker 1>nearly doubled its value from one year ago. Average gas

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<v Speaker 1>fees have dropped to fifteen cents per the block's data,

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<v Speaker 1>the lowest in the network's recent history. Stable Coin transfers

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<v Speaker 1>now account for thirty to forty five percent of all

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<v Speaker 1>etherorem transactions, according to Standard Charter. The December twenty twenty

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<v Speaker 1>five Fudsaka upgrade, which introduced peer das and expanded blob capacity,

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<v Speaker 1>has driven down Layer two costs, while a doubling of

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<v Speaker 1>Ethereum's gas limit has helped keep mainnet fees low. Very

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<v Speaker 1>great news here, folks. Again, this can contribute. It's one

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<v Speaker 1>of the factors that can contribute to Etheroreum really doing well.

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<v Speaker 1>And we want to see that with the rotation of

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<v Speaker 1>liquidity from Bitcoin down to ethan the rest of the

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<v Speaker 1>all coin markets, right, you have the rotation into the

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<v Speaker 1>large cap, midcaps, small caps and so forth. So we've

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<v Speaker 1>talked a lot about these things, and you know, these

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<v Speaker 1>are things that you want to see in and it's

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<v Speaker 1>very good. It's setting against setting the table for a

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<v Speaker 1>big move all right. Final news item, Throve Markets announces

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<v Speaker 1>sudden pivot to Solana hours before token is set to

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<v Speaker 1>go live, so throw Markets one week after raising eleven

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<v Speaker 1>point five million dollars and a public token sale to

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<v Speaker 1>build a decentralized perpetuals exchange for collectibles on hyper liquid,

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<v Speaker 1>announced Sunday it's pivoting to Solana. Pseudononymous team member Unwise

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<v Speaker 1>blamed the move on a liquidity partner losing faith in

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<v Speaker 1>the project. Unwise said the team will now be rebuilding

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<v Speaker 1>the PERP decks on Solana from the ground up, garnering

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<v Speaker 1>scorn from critics. The token generation event for the Throve

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<v Speaker 1>token was rescheduled from Sunday at seven pm UTC to

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<v Speaker 1>nine pm, then moved to Monday at four pm UTC.

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<v Speaker 1>So this is interesting, and look, Solon is getting a

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<v Speaker 1>lot of adoption folks, most recently just big, big things happening.

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<v Speaker 1>It's pretty incredible, and you know, it looks like it's

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<v Speaker 1>going to continue to get more adoption and do well

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<v Speaker 1>price wise. Its chart still looks very bullish. There's a

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<v Speaker 1>lot of ETFs out there now, so I do whole

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<v Speaker 1>Solona in my portfolio and I am bullish on it.

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<v Speaker 1>So it looks like it's going to be one of

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<v Speaker 1>the big winners coming out of this bullmarket. Now, it

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<v Speaker 1>won't be the only winner. You know, we just talked

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<v Speaker 1>about the theorem. I believe XRP is going to be

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<v Speaker 1>a big winner as well. So we got to be patient.

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<v Speaker 1>We've got to go through the volatility, right. Volatility is

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<v Speaker 1>par for the course, and hopefully we you know, find

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<v Speaker 1>some real strength and liquidity soon and we see some

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<v Speaker 1>parabolic move I don't think it's far away, but you know,

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<v Speaker 1>just be prepared. You know, when you see the volatility,

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<v Speaker 1>just accept it, just accept don't fight it, just accept it,

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<v Speaker 1>and you could use it to your advantage, you know,

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<v Speaker 1>if you swing trade, not leverage, swing trade from a

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<v Speaker 1>spot trading perspective, and it could give you some great

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<v Speaker 1>dip buying opportunities as well. Not financial advice, do your

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<v Speaker 1>own researcher, of course, So learn to embrace the volatility, folks. Anyway, folks,

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

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

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<v Speaker 1>one hundred percent free. Link will be in a description.

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<v Speaker 1>Check out my book on Amazon. It's available in paperback,

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<v Speaker 1>in digital, and my course at mycrypto course dot com.

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<v Speaker 1>This is a comprehensive course that teaches you everything you

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<v Speaker 1>need to know about crypto folks, thank you so much

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<v Speaker 1>for tuning in. I appreciate you all, and I'll talk

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<v Speaker 1>to you all later