Speaker 1: Are we about to see all coins go in a
Speaker 1: big run? One legendary trader is looking at the XRP
Speaker 1: chart and some other all coins that they are set
Speaker 1: up to do a big move, and Visa is doing
Speaker 1: some big things with stable coins. I'll give you the details.
Speaker 1: Let's get into it. Hey, everybody, welcome into the Thinking
Speaker 1: Crypto podcast. You're home for cryptocurrency news and interviews. I'm
Speaker 1: your host, Tony Edward. On your way in. Please sit
Speaker 1: that subscribe button as well as the thumbs up button
Speaker 1: and leave a comment. Blow If you're listening on a
Speaker 1: podcast platform such as Spotify or Apple, please leave a
Speaker 1: five star rating and review folks. Happy Thanksgiving to all
Speaker 1: my reviewers and listeners in the United States.
Speaker 2: I hope you all had a great day.
Speaker 1: I certainly ate a lot and I have to hit
Speaker 1: the gym tomorrow, but it was definitely a great day,
Speaker 1: a great day to be thankful.
Speaker 2: We have a lot to be thankful for, and we're
Speaker 2: going to look at the.
Speaker 1: Market today, and you look at it from an optimistic standpoint,
Speaker 1: because we know from a macro perspective, markets keep going
Speaker 1: up as long as central banks keep printing money. So
Speaker 1: let's take a look at the price of bitcoin. It
Speaker 1: is currently above ninety one thousand dollars, so we're seeing
Speaker 1: some strength here, and some analysts are saying bitcoin could
Speaker 1: rally up to about one hundred and five thousand dollars
Speaker 1: or a little bit higher before rolling over. Now that's
Speaker 1: one scenario we've talked about, a deadcat bounce or relief rally,
Speaker 1: which you know, bitcoin has been oversold, so the natural
Speaker 1: direction is going the opposite way, right going up, So
Speaker 1: let's see where bitcoin goes. Some analysts are backtracking their
Speaker 1: price predictions, like Tom Lee says, no more two hundred
Speaker 1: and fifty thousand dollars bitcoin by the end of the year,
Speaker 1: and no all time high. So I think a lot
Speaker 1: of people are just looking at this as bitcoin doesn't
Speaker 1: have enough time to get back to one hundred thousand dollars,
Speaker 1: let alone all time highs. So Tom Lee says, I
Speaker 1: think it's still very likely that bitcoin is going above
Speaker 1: one hundred thousand and those before year end, and maybe
Speaker 1: even to a new high. But he's putting a less
Speaker 1: of a probability on a new all time high. And
Speaker 1: you know, one of the things we've been talking about, guys,
Speaker 1: is that this cycle is different because you have the tariffs.
Speaker 1: The tariffs with the big curveball, and that was introduced
Speaker 1: earlier this year caused a massive market crash and it
Speaker 1: has pushed back the timeline. So one of the things
Speaker 1: I was sharing to you with you guys all summer
Speaker 1: was that this market could roll into Q one twenty
Speaker 1: twenty six, and it looks like it's going to do that.
Speaker 1: But you know, we're talking probabilities here, right. I don't
Speaker 1: have a crystal ball. So one scenario is we see
Speaker 1: Bitcoin do a dead cat bounce, doesn't go to new
Speaker 1: old time highs, rolls over and goes into a bear market.
Speaker 1: Or the other scenario is it continues to chop and
Speaker 1: move sideways and then starts breaking out in Q one.
Speaker 1: But we're going to have to wait and see. However,
Speaker 1: if bitcoin did indeed top out, you know, at one
Speaker 1: hundred and twenty five thousand dollars or so, where is
Speaker 1: the all season that we normally see and could that
Speaker 1: be around the corner. And one legendary trader, Peter Brand
Speaker 1: and many of you may know him, he's been trading
Speaker 1: commodities since the seventies. I had interviewed him on the
Speaker 1: podcast last year, he's tweeted out a kind of a
Speaker 1: cryptic tweak. By the way, he says, hey, crypto traders,
Speaker 1: do not despair. Here are two coins I could do
Speaker 1: quite well in the months to come. Now he says months, right,
Speaker 1: So this leads us into Q one of twenty twenty six. Now,
Speaker 1: the games he was playing here, he showed the charts,
Speaker 1: but he did not show the names. However, if you
Speaker 1: look at the charts, they certainly look like XRPS chart
Speaker 1: right if you mirror it up there, it certainly looks
Speaker 1: like XRPIECE chart. And then you have another chart here.
Speaker 1: Some people are saying it's bitcoin cash. But the point
Speaker 1: is if these coins are gonna move, then you know,
Speaker 1: all coins overall are going to move right and right
Speaker 1: now total three which excludes bitcoiny, threem and stable coins.
Speaker 1: It's been suffering. It's taken the beating, just like Bitcoin.
Speaker 1: But you know, could bigcoins continual move eventually have the
Speaker 1: liquidity flow back down to alts right as Bitcoin hits
Speaker 1: the over bot zone right now, is just climbing out
Speaker 1: of the over sol zone. So that's where the case
Speaker 1: is that these coins could still run. And if you
Speaker 1: zoom out a look at the macro. The stock market
Speaker 1: is still showing some strength despite it being down. You
Speaker 1: have the Fed ending quantitative tightening on Monday, December first,
Speaker 1: so that's just next week, and you're going to see
Speaker 1: more liquidity come in. You got ray cuts expected, so
Speaker 1: capital will get cheaper. People can then raise capital to
Speaker 1: invest in the markets. You got the market structure, build
Speaker 1: a big narrative still out there with that possibly getting
Speaker 1: passed in Q one. And then Trump has been teasing
Speaker 1: that two thousand dollars tariff stimulus check. Now I don't
Speaker 1: know if that's going to happen, but the point is
Speaker 1: you have these different factors that are lining up here.
Speaker 1: And keep in mind the last time the market top,
Speaker 1: that was the FED heading into quant tative tightening, right,
Speaker 1: tightening the balance sheet and they were starting to raise rates,
Speaker 1: and then that rolled us. That was November December twenty
Speaker 1: twenty one. Then we rolled into the bear market of
Speaker 1: twenty twenty two.
Speaker 2: So where the opposite is happening now.
Speaker 1: So this is why the macro again I'm thinking, is
Speaker 1: a bullish setup.
Speaker 2: Now that doesn't mean.
Speaker 1: This bullmarket will continue forever. It could be the top
Speaker 1: happens in twenty twenty six. Maybe the middle, right, I
Speaker 1: don't know when FED chair Jerome Powell is done and
Speaker 1: Trump brings in his own chair and who does his
Speaker 1: bidding for the most part, and they started cutting rates
Speaker 1: aggressively and much more, you know, something along those lines.
Speaker 1: We're gonna have to wait and see. But I think
Speaker 1: there's a setup here. The charts are showing something bullish
Speaker 1: for certain all coins. You got the macro factors, and
Speaker 1: I don't think this bull market's over now. I could
Speaker 1: be wrong, guys, right, I'm just sharing the scenarios here,
Speaker 1: and I think the higher abilities on the bull side
Speaker 1: because if you just look at Bitcoin and one analyst
Speaker 1: you know, highlighted bitcoins set up here, it's still higher
Speaker 1: highs and higher lows.
Speaker 2: Right.
Speaker 1: As far as what Bitcoin pulled back to, it's still
Speaker 1: a higher low. So we're going to have to be
Speaker 1: patient and wait and see how things play out. Now.
Speaker 1: One thing that's interesting for XRP. Binance's XRP reserves have
Speaker 1: fallen to about two point seven billion, one of the
Speaker 1: lowest ever, as steady outflows show investors pulling tokens off
Speaker 1: the exchange. Now, historically this has been very bullish we
Speaker 1: have seen that when people are buying and moving coins
Speaker 1: off chain, that is very good because that means there's
Speaker 1: less cell pressure. Right, they are buying and moving it
Speaker 1: off chain to cold storage or whatever it may be,
Speaker 1: So this is a good sign. The same thing is
Speaker 1: actually happening for bitcoin right now, so let's see maybe
Speaker 1: there's a big accumulation happening.
Speaker 2: You know.
Speaker 1: One of the things I've been highlight is that ETF
Speaker 1: inflows have been up. Blackrock Bitcoin ETF specifically has been
Speaker 1: buying now right. They were in a period of outflows
Speaker 1: with the big crash that we had in October, but
Speaker 1: now that's flipped two inflows. So again, these are all facts,
Speaker 1: not feelings or emotions. And these things have been signals
Speaker 1: in the past showing that there's another rally coming. But
Speaker 1: we're gonna have to be patient and let it play out.
Speaker 1: I know it's rough, I know it's painful. I know
Speaker 1: this cycle has been a really crazy one, right, And
Speaker 1: like I said, the tariffs were the big curveball, because guys,
Speaker 1: look at what happened leading up into twenty twenty four
Speaker 1: and Q four with the election. We were on track.
Speaker 1: Everything was good, right, and then man beginning in twenty
Speaker 1: twenty five was brutal. Now, something else that was different
Speaker 1: was in twenty twenty four with the bitcoin having. Bitcoin
Speaker 1: hit a new all time high before the having and
Speaker 1: that was due to the ETF one, so that was different.
Speaker 1: It kind of put us ahead of schedule. But then
Speaker 1: the tirep situation set us back right, So it's been
Speaker 1: kind of wild. But this is investing guys. You know,
Speaker 1: the markets don't do what we want necessarily, but if
Speaker 1: we continue to follow the data and stick to the
Speaker 1: foundational principles, we can navigate our way. And you know,
Speaker 1: if you bought like me in the bloody bear market,
Speaker 1: your portfolio is still up even though things are down
Speaker 1: right now in the short term, so it's all about
Speaker 1: your entry price as well, folks. This episode is brought
Speaker 1: to you by Proppy. Propy's leading the charge or putting
Speaker 1: real estate on chain. I'm a property token holder, I
Speaker 1: have been since twenty eighteen. When I discovered this project,
Speaker 1: I was like, I got to invest in this because
Speaker 1: I know the real estate industry, the world's largest asset class,
Speaker 1: will be disrupted by blockchain, and now we're seeing the
Speaker 1: tokenization of real estate as well. Propy allows you to
Speaker 1: buy and sell real estate with cryptos. If you want
Speaker 1: to sell your house or bitcoin xrpetherum, you can do that.
Speaker 1: And they are putting deeds on on chain, titles on chain,
Speaker 1: and they've been around once again since twenty seventeen. They've
Speaker 1: done over five billion dollars in deals, and legendary investor
Speaker 1: Tim Draper, he's a big time investor, is invested in
Speaker 1: his project and he's very bullish on it, and folks,
Speaker 1: for the buying and selling of properties, they use coinbase
Speaker 1: for the escrow service, and of course their platform is
Speaker 1: blockchain Power. You also have an AI assystem here that
Speaker 1: helps you with all these things, so we know this
Speaker 1: is the feature, right. So this is why I'm bullish
Speaker 1: on Propy long term. I've been a token holder for
Speaker 1: a very long time, and like I said, they're putting
Speaker 1: a lot of the different aspects of the realistrate market
Speaker 1: and transactions on chain, so it's incredible. You can go
Speaker 1: on their website, take a look at the properties for
Speaker 1: sale and you can once again buy and sell for
Speaker 1: bitcoin and crypto assets, which is really great. So folks,
Speaker 1: if you'd like to learn more about Propy, you go
Speaker 1: to property dot com link will be in the description. Now, folks,
Speaker 1: something you should know about. There is a malicious Chrome
Speaker 1: extension called crypto Copilot, which is letting users trade Solana
Speaker 1: from x while secretly skimming sol the sole token from
Speaker 1: every swap. So this is really bad, guys. So I
Speaker 1: don't know if any of you are using it. It's
Speaker 1: called once again crypto Copilot. It's a Chrome extension and
Speaker 1: they're skimming your transactions. So if you've been using this,
Speaker 1: I suggest you get rid of it right away. According
Speaker 1: to its Tuesday report by cybersecurity companies Socket, the Google
Speaker 1: Chrome extension allows users to trade on Solana from their
Speaker 1: ex social media feed. Unlike typical wallet draining malware that
Speaker 1: tries to steal the entire balance, crypto Copolt injects an
Speaker 1: extra transfer into every Solana swap, siphoning a minimum of
Speaker 1: zero points zero zero one three soul or zero point
Speaker 1: zero five percent of the trade Socket found on the
Speaker 1: back end, the crypto Copilot uses the decentralized exchange Radium
Speaker 1: to perform swaps for the user, but appends a second
Speaker 1: instruction that transfers Sole from the user to the attacker.
Speaker 1: Use your interface only shows the swap details, while wallet
Speaker 1: confirmation screens summarize the transaction without surfacing individual instructions. So
Speaker 1: once again, guys, if you're using this, deleted asap, and
Speaker 1: you got to be careful with these things out there
Speaker 1: because they're still bad actors trying to take advantage of people.
Speaker 1: And look, this happens in the non crypto world. We
Speaker 1: know it happens in the tech world and much more
Speaker 1: so you got to be very vigilant.
Speaker 2: Don't trust verify.
Speaker 1: Now, Visa doubles down on stable coins in Europe, Middle
Speaker 1: East Africa with new partnership. Guys, we are seeing these
Speaker 1: big credit card companies Visa, MasterCard and others going all
Speaker 1: in on crypto. They're using stable coins, they're using blockchain technology.
Speaker 1: It's amazing how things have changed. So the new partnership
Speaker 1: is with crypto infrastructure company aqua Now. In an announcement Thursday,
Speaker 1: Visa said it partnered with aqua Now to settle transactions
Speaker 1: using approved stable coins such as USDC, reducing costs, operational friction,
Speaker 1: and settlement times. The company said the move came amid
Speaker 1: strong demand from banks and payment companies for faster, cheaper
Speaker 1: cross border payments. So the move aims to leverage stable
Speaker 1: coins to digitize the back end of money movement and
Speaker 1: to enable twenty four to seven settlement. God Free Sullivant,
Speaker 1: Visa's head of Product and Solutions for the Semia region,
Speaker 1: said the integration will allow institutions in the region to
Speaker 1: experience faster and simpler settlements.
Speaker 2: Here's a quote.
Speaker 1: Our partnership with Aqua now is another key step in
Speaker 1: modernizing the back end rails of payments, reducing reliance on
Speaker 1: traditional systems like multiple intermediaries, and preparing institutions for the
Speaker 1: future of money movement. Incredible, guys, this is what blockchain
Speaker 1: technology offers. And if you still don't understand why crypto,
Speaker 1: why blockchain?
Speaker 2: Here you go.
Speaker 1: It allows for instant settlement twenty four to seven transactions,
Speaker 1: no more waiting weeks, days and weeks and so forth.
Speaker 1: For settlement. It happens instantaneously, you can verify it.
Speaker 2: It's real time. So it's incredible.
Speaker 1: Now, look at this Bhutan stakes nine hundred and seventy
Speaker 1: thousand dollars of eth via figment in a validator push.
Speaker 2: Now.
Speaker 1: Bhutan has been very bullish on crypto. They're known as
Speaker 1: the Royal Government of Bhutan. They have been buying bitcoin
Speaker 1: and mining bitcoin, and now they're expanding to eth so.
Speaker 1: Blockchain data shows the Royal Government of Bhutan has staked
Speaker 1: three hundred and twenty ether worth roughly nine hundred and
Speaker 1: seventy thousand dollars through Figment, marking the latest on chain
Speaker 1: activity from the Himalayan state as it expands its crypto
Speaker 1: holdings and validator operations. Figment is a staking provider that
Speaker 1: helps large investors and institutions stake digital assets across multiple
Speaker 1: blockchains and earn rewards for securing proof of steak networks.
Speaker 1: The move adds to a growing wave of Ethereum focused
Speaker 1: activity from Bhutan. In October, the South Asian nation of
Speaker 1: roughly eight hundred thousand people began migrating its self sovereign
Speaker 1: digital ID system from Polygon to Etheroreum, allowing residents to
Speaker 1: verify their identities to access government services on the network.
Speaker 1: Incredible what they're doing. But what they talked about here
Speaker 1: about the digital ID that's coming to every country, guys,
Speaker 1: I feel like this is like a testing ground in
Speaker 1: a small country. So very interesting moves happening here, and
Speaker 1: it's bullish. Other nation states and countries are going to
Speaker 1: do this, they are going to stake Ether, they're going
Speaker 1: to hold bitcoin, they're going to mine bitcoin, and they're
Speaker 1: going to use blockchain tech.
Speaker 2: So it's incredible. Now, look at this news.
Speaker 1: A Monday brings euro money market fund on chain with
Speaker 1: first tokenized share So A Monday, Europe's largest asset manager
Speaker 1: has introduced its first tokenized share class for a euro
Speaker 1: money market fund. The fund is now offered in a
Speaker 1: hybrid structure, allowing investors to choose between the traditional version
Speaker 1: and the new blockchain based one. The first transaction was
Speaker 1: recorded on the Etherorem network on November fourth. The rollout
Speaker 1: was developed in collaboration with a boy I can't pronounce this.
Speaker 1: Caceis a European asset servicing group that provided the tokenization infrastructure,
Speaker 1: investor wallets, and the digital order system used to process
Speaker 1: subscriptions and redemptions. So, folks, tokenization happening globally. Notice they're
Speaker 1: using Etherorem right. Many of them are starting off on ethereum,
Speaker 1: just like Blackrock did. Blackrock launched their money market fund
Speaker 1: Biddle on Etherreum, but then they started expanding to other chains.
Speaker 1: So it's going to be a multi chain world. So
Speaker 1: you want to look at the blockchains that are getting
Speaker 1: adoption from these, I mean, the largest asset managers across
Speaker 1: the globe. And obviously take your bets right so I
Speaker 1: hold etherm my portfolio. I'm mistaking it currently and much
Speaker 1: more so, I'm diversified. Obviously, you don't want to spread
Speaker 1: yourself too thin, but you do want to look at
Speaker 1: what is getting adoption.
Speaker 2: So great news here, guys.
Speaker 1: They are Europe's black Rock, the largest asset manager in Europe,
Speaker 1: like black Rock is the largest acid manager here in
Speaker 1: the United States, but also in the world, you know,
Speaker 1: by assets under management. But you get what I'm saying,
Speaker 1: So very very bullish. Now, final news item, Bonk meme
Speaker 1: coin debuts as ETP on Switzerland's sixth exchange. It's kind
Speaker 1: of wild to see these meme coins getting ETPs, but
Speaker 1: there's demand. People want to invest in it. Right Just
Speaker 1: this week, bit Wise they launched their dosecoin ETF. So
Speaker 1: you know, while it's not for me, you know I
Speaker 1: can say, hey, don't go invest in it. You have
Speaker 1: to do your own research and you understand the risks.
Speaker 1: I personally lean towards these all coins that are getting
Speaker 1: real world adoption. Utility you know, people are building on them,
Speaker 1: tokenizing and so forth. But look, memes are out there,
Speaker 1: human beings. You know, we love memes, we love culture
Speaker 1: and all that. So it's on the blockchain and here
Speaker 1: it is.
Speaker 2: You know, we're probably.
Speaker 1: Gonna see more of this, but it's pretty wild that,
Speaker 1: you know. Let me just give you some details. The
Speaker 1: listing brings the meme coin into one of Europe's largest
Speaker 1: stock markets, allowing investors to gain exposure to bonk through
Speaker 1: standard brokerage accounts, removing the need for Walter direct token custody.
Speaker 2: So it's like meme.
Speaker 1: Coins injected into the tread five set up here, but
Speaker 1: not for me.
Speaker 2: But you know, I'm not hating.
Speaker 1: If you enjoy meme coins, you invest in them, you're
Speaker 1: making money off of them. I'm happy for you. So anyway, folks,
Speaker 1: that's the news. Let me know what you think. Leave
Speaker 1: your thoughts in comments below, hit the thumbs up button.
Speaker 1: A great way to support the podcast is by subscribing
Speaker 1: to my free email newsletter.
Speaker 2: It is one hundred percent free.
Speaker 1: Check out my book on Amazon it's available in paperback
Speaker 1: and digital, and my course at mycryptocourse dot com. This
Speaker 1: is a comprehensive course that teaches you everything you need
Speaker 1: to know about crypto and Folks, right now, I have
Speaker 1: a Black Friday and Cyber Monday deal going on where
Speaker 1: you can get forty percent off the price of the
Speaker 1: course and when you purchase the course, you get lifetime
Speaker 1: access of course. So if you use the code think
Speaker 1: at Checkout Capital T H I n K think you will.
Speaker 2: Get forty percent off.
Speaker 1: So this deal ends six pm on Monday, so Black
Speaker 1: Friday and Cyber Monday into the weekend as well, So
Speaker 1: check it out guys if you want to expand your
Speaker 1: crypto knowledge. Folks, thank you for tuning in. I appreciate
Speaker 1: you all and I'll talk to you all later.