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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 the thumbs up button and leave a common blow.

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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. Folks.

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<v Speaker 1>Let's quickly take a look at the charts here Bitcoin

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<v Speaker 1>seeing some price action. It went over one hundred and

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<v Speaker 1>fourteen thousand dollars again today and it seems like we're

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<v Speaker 1>on the upside. But I want to issue a caution here, folks,

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<v Speaker 1>because I still see on the weekly chart bears are

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<v Speaker 1>in control. The macde is showing that. So this could

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<v Speaker 1>be a bit of a fake out. It could be

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<v Speaker 1>a dead cat bounce and then we roll over and

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<v Speaker 1>test some lows. I think that might play out now.

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<v Speaker 1>I could be wrong, right because I don't have a

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<v Speaker 1>crystal ball. But I'm just going off the data here,

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<v Speaker 1>not my emotions. You guys know, I'm very bullish macro.

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<v Speaker 1>We're still on track. We're still in a bull market.

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<v Speaker 1>Just we got to be careful. There could be some

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<v Speaker 1>more volatility, some more downside. A quick flush out scared

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<v Speaker 1>a hell out of people, right, this is what the

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<v Speaker 1>whales want to do, shake you out. We find the

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<v Speaker 1>bottom and then we start moving up. But again the

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<v Speaker 1>MACD on that weekly chart for bitcoin worries me. There.

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<v Speaker 1>We are seeing some upside for total three. So this

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<v Speaker 1>is the all coins excluding Bitcoin, etherorem and stable coins.

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<v Speaker 1>So that's a good sign. It's moving away from the

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<v Speaker 1>over soul zone and it's kind of following Ethereum, which

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<v Speaker 1>has been a little bit on the move. XRP has

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<v Speaker 1>been on the move as well, so we're seeing some

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<v Speaker 1>action here from the all coins. Again, we got to

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<v Speaker 1>be careful. Solon is actually showing a lot of strength

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<v Speaker 1>right now. But let's see what the market brings us folks.

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<v Speaker 1>You know, we have to let these things play out.

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<v Speaker 1>We got to get confirmation. Bitcoin dominance continues to show

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<v Speaker 1>weakness as all coins a rising, so that inverse correlation

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<v Speaker 1>is there, So that's a good sign. We know when

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<v Speaker 1>this thing starts collapsing further, we're going to enter the

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<v Speaker 1>next rally. USDT dominance pretty much we use USDT as

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<v Speaker 1>the benchmark for stable cord and liquidity. That is also

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<v Speaker 1>sharing a lot of weakness in As I told you guys,

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<v Speaker 1>once this thing breaks four percent and then even three

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<v Speaker 1>point seven percent, the party will be on here. So

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<v Speaker 1>patience is the key. We're seeing some life, but as stated,

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<v Speaker 1>I don't like what I'm seeing on that big one

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<v Speaker 1>weekly chart, so just keep that in the back of

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<v Speaker 1>your mind. A point. As educated investors, we look at

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<v Speaker 1>different scenarios. There's a possible one more leg down, a

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<v Speaker 1>flush out to scare everybody before we start moving up,

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<v Speaker 1>and everything else is still intact though, So just a

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<v Speaker 1>quick update here on the prices. Now let's jump into

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<v Speaker 1>the news. SEC Chair Paul Atkins says most tokens are

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<v Speaker 1>not securities backs super app platforms, so this is interesting.

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<v Speaker 1>And by the way, I will be interviewing Commissioner Hester

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<v Speaker 1>Perce at my New York studio later this month, so

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<v Speaker 1>I'll go through a lot of these things with her.

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<v Speaker 1>So us SEC Chair Paul Atkins said that most cryptotokens

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<v Speaker 1>are not securities, while outlining a sweeping plan to integrate

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<v Speaker 1>crypto activities like trading, lending, and staking under a unified

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<v Speaker 1>regulatory framework. So that's really great. You get some key

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<v Speaker 1>pillars of the markets, right trading, lending and staking big

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<v Speaker 1>components of the crypto market. He said, it's a new

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<v Speaker 1>day at the SEC. During a keynote address at the

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<v Speaker 1>Organization for Economic Cooperation and Development roundtable in Paris on Wednesday,

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<v Speaker 1>he says policy will no longer be set by ad

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<v Speaker 1>hoc enforcement actions. He added, contrasting the previous administration's aggressive

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<v Speaker 1>crackdown on crypto firms. We will provide clear, predictable rules

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<v Speaker 1>of the road so that innovators can thrive in the

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<v Speaker 1>United States. And you know, he talked a bit more

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<v Speaker 1>about Project Crypto and so on and so forth. But

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<v Speaker 1>I like that they're working on the unified framework for lend, things,

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<v Speaker 1>taking and trading. So this is really great. And as mentioned,

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<v Speaker 1>I will speak to Commissioner hester Purs a bit more

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<v Speaker 1>about this, and I hope to get Paul Atkins on

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<v Speaker 1>at some point as well. Now, the SEC continued their

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<v Speaker 1>delays of these ets, and we talked a lot about

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<v Speaker 1>it yesterday that this doesn't come as a surprise deadline

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<v Speaker 1>in October, and specifically for Salon and XRP, and they've

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<v Speaker 1>delayed the black Rock, Franklin, Templeton Crypto ETF decisions. So again,

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<v Speaker 1>nothing new here, and I think October is when we

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<v Speaker 1>have to watch these things, and it could be that

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<v Speaker 1>they're waiting on the market structure to clarity, act to pass.

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<v Speaker 1>I don't know, but I will ask Commissioner Hester first

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<v Speaker 1>when I interview her later this month. Now, speaking of

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<v Speaker 1>Franklin Templeton, big announcement, folks, Franklin Templeton announced a wide

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<v Speaker 1>ranging partnership with Binance. So you have finance the world's

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<v Speaker 1>largest crypto exchange partner, one of the TRATFI Wall Street

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<v Speaker 1>giants where trillions of dollars have assets on their management.

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<v Speaker 1>This is not necessarily a partner that and many of

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<v Speaker 1>us saw on the radar. So very bullish here, and

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<v Speaker 1>I'm curious to see what they come up with. I

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<v Speaker 1>most recently interviewed someone from Franklin Templeton a couple months ago.

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<v Speaker 1>So let me give you guys some details. Binance, the

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<v Speaker 1>world's largest crypto exchange by trading volume, has entered into

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<v Speaker 1>a partnership with US crypto exchange traded fund provider Franklin Templeton.

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<v Speaker 1>Binance and Franklin Templeton are collaborating to explore tokenization of

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<v Speaker 1>securities combined with a global trading infrastructure the Crypto Exchange

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<v Speaker 1>announce on Wednesday. Here's the quote. Our goal is to

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<v Speaker 1>take tokenization from concept to practice for clients to achieve

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<v Speaker 1>efficiencies in settlement, collateral management, and portfolio construction at scale,

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<v Speaker 1>said Roger, based in Franklin, Templeton's head of digital Assets.

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<v Speaker 1>Following the partnership, Finance expects to unveil security tokenization products

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<v Speaker 1>later this year. So, folks, we're seeing the tokenization race

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<v Speaker 1>heating up here. You have exchanges such as your coin

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<v Speaker 1>based finance crack in all launching to organized stocks, and

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<v Speaker 1>then you have the trad fy institutions looking to help

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<v Speaker 1>them do that, and not only tokenized stocks, but money

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<v Speaker 1>market funds and much more. And eventually they're going to

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<v Speaker 1>branch out to other things like gold and other precious metals.

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<v Speaker 1>And I believe real estate, but I think the stock

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<v Speaker 1>and money market funds and these things are the easier

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<v Speaker 1>assets to tokenize because there's a huge demand there. They

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<v Speaker 1>are already trade digitally, you know, through brokerages, but you know,

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<v Speaker 1>tokenization is going to change what you can do with

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<v Speaker 1>them and open up the market to many folks around

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<v Speaker 1>the globe. So this is a huge partnership and a

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<v Speaker 1>very bullish sign again, a Wall Street giant partnering with Binance.

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<v Speaker 1>You couldn't imagine this headline two three years ago, right

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<v Speaker 1>because Binance was getting sued and it was a whole

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<v Speaker 1>bunch of food and a whole bunch of dark clouds

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<v Speaker 1>hanging around Binance. And now it's a new day. It's

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<v Speaker 1>pretty amazing what's happening, folks, quickly from our sponsor, and

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<v Speaker 1>that is Proppy. Propy is leading to hard with putting

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<v Speaker 1>real estate on chain. I've been a Propy token holder

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<v Speaker 1>since twenty eighteen. Folks. I'm very bullish on this project.

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<v Speaker 1>They allow you to buy and sell real estate or

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<v Speaker 1>houses on their website, which is blockchain powered, and you

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<v Speaker 1>can pay in crypto. You can sell your house or

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<v Speaker 1>bitcoin or XRP or etherorem whatever you want. And they've

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<v Speaker 1>been around since twenty seventeen. They're licensed and they've facilitated

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<v Speaker 1>over four billion dollars in transactions. They use coinbase for

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<v Speaker 1>the crypto escrow for the buying and selling, and they've

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<v Speaker 1>put deeds on chain. They've created NFTs with properties. Folks,

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<v Speaker 1>we know real estate's going to get token ises, right.

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<v Speaker 1>This is the world's largest asset class and properies leading

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<v Speaker 1>the chargers. So I'm very bullish on this project. So

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<v Speaker 1>if you'd like to learn more, go to property dot com.

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

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<v Speaker 1>some drama here brewing between the CFTC chair potential chair,

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<v Speaker 1>which is Brian Contents. He's Trump's pick. If you recall,

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<v Speaker 1>I had Brian Contents on the podcast many years ago,

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<v Speaker 1>two times. Actually he was a CFDC commissioner. He went

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<v Speaker 1>to work for a sixteen Z and then he got

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<v Speaker 1>nominated to be the CFDC chair. But apparently he's been

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<v Speaker 1>getting blocked by the Winklevoss twins, And today Brian released

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<v Speaker 1>a bunch of screenshots of text between messages between him

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<v Speaker 1>and Tyler Winklevoss, and it kind of shows that he's

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<v Speaker 1>the Winkle Boss Twins are kind of doing things the

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<v Speaker 1>wrong way here, and Brian's been trying to be transparent, saying, hey, look,

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<v Speaker 1>I can't do anything until we have the confirmation as

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<v Speaker 1>a chair. Let's talk. And I've been hearing rumblings that

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<v Speaker 1>the winklebas Tuents are one of the folks who have

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<v Speaker 1>been blocking his nominations. So things are getting a little

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<v Speaker 1>bit messy here. I don't know what's going on with

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<v Speaker 1>the Winkle bos t Wins Tyler and Cameron, but it

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<v Speaker 1>doesn't look good from the text messages and the things

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<v Speaker 1>that were posted here. So you can go check this

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<v Speaker 1>out on x and on Brian Canton's account. And the

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<v Speaker 1>funny thing is Brian released this Fridays when the Winkleboss

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<v Speaker 1>Twins Gemini Exchange is going to do an IPO. So

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<v Speaker 1>this is getting pretty crazy. So just heads up, this

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<v Speaker 1>is happening. I do hope Brian gets the job. He's

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<v Speaker 1>certainly a demand for the job. He knows the crypto industry.

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<v Speaker 1>He worked at the CFTC. We need to get a

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<v Speaker 1>chair in there. And look, Caroline fam the acting chair

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<v Speaker 1>has been doing an amazing job, but you need to

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<v Speaker 1>have an actual chair who's confirmed to get things rolling

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<v Speaker 1>or we're going to be stuck in limbo in many

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<v Speaker 1>ways in regards to what's happening the CFTC. So pretty messy, folks,

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<v Speaker 1>all right, Moving ahead. Sub Saharan Africa third fastest growing

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<v Speaker 1>region for crypto adoption. Crypto is a global acid class

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<v Speaker 1>and we are seeing the adoption happening globally. Just this

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<v Speaker 1>week we talked about Kazakhstan and many other countries. Is

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<v Speaker 1>just amazing what's happening. So this is a report from

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<v Speaker 1>blockchain data firm Chain Analysis. The report underscores the region's

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<v Speaker 1>emphasis on real world crypto use case is in face

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<v Speaker 1>of currency devaluation, lack of traditional finance rails, and other challenges.

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<v Speaker 1>According to the report, sub Saharan Africa received two hundred

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<v Speaker 1>and five billion dollars in on chain value between July

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<v Speaker 1>twenty twenty four and June twenty twenty five. The on

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<v Speaker 1>chain value received is up fifty two percent compared to

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<v Speaker 1>the previous report period and makes the region the third

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<v Speaker 1>fastest growing for adoption behind Asia Pacific and Latin America. Folks,

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<v Speaker 1>I've been telling you all be patient. The infrastructure is

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<v Speaker 1>being built, and many folks in many of these countries

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<v Speaker 1>who don't have access to proper financial services, they're going

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<v Speaker 1>to be able to do it just from their smartphone,

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<v Speaker 1>their wallet, getting stable coins, tokenized assets. So things are

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<v Speaker 1>heating up here. The bridges are being built across the globe.

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<v Speaker 1>And you know, I'm not just thinking about Okay, I

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<v Speaker 1>can make money because more people are coming on board,

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<v Speaker 1>but really, you know, it's going to open up and

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<v Speaker 1>change people's lives, and that's I think the number one

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<v Speaker 1>priority here that the technology brings value and benefits to people.

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<v Speaker 1>And obviously, as we've talked about Metcap's law, the more

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<v Speaker 1>participants on the network, more valuable becomes and things like that.

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<v Speaker 1>So this is really great to hear and very bullish, folks.

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<v Speaker 1>This is what you want to see as an investor

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<v Speaker 1>in this acid class. As we are very early, things

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<v Speaker 1>are moving in the right direction. Here's another example of adoption.

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<v Speaker 1>Pop Culture Group buys thirty three million dollars and bitcoin

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<v Speaker 1>plants to expand into entertainment related crypto treasury holdings. So

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<v Speaker 1>I've never heard of Pop Culture Group, but they're a

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<v Speaker 1>publicly traded company. Their ticker symbols c POP. So this

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<v Speaker 1>is interesting. So according to an announcement on today, the

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<v Speaker 1>firm has completed its first purchase of three hundred bitcoin

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<v Speaker 1>worth thirty three million dollars. This is the first step

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<v Speaker 1>towards Xiamen, China based firm's attempt to create a diversified

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<v Speaker 1>cryptocurrency fund pool, which will include assets like bitcoin, ether,

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<v Speaker 1>and an all coin called bot. Never heard of bot.

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<v Speaker 1>According to a statement, the company will be guided by

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<v Speaker 1>four main criteria when determining whether to invest in a token,

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<v Speaker 1>including a token's high investment value and growth potential, and

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<v Speaker 1>strategic corporate alignment. It also will consider promising cryptocurrencies in

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<v Speaker 1>Web three pan entertainment track and projects managed by high

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<v Speaker 1>quality artists. Here's a quote. Our strategic cryptocurrency investment marks

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<v Speaker 1>the beginning of a vision to build not only a

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<v Speaker 1>pan entertainment platform, but a global Web three pan entertainment

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<v Speaker 1>super ecosystem. Pop Culture Group CEO Huang Zuquin said in

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<v Speaker 1>a statement, here's a quote. Entertainment will transform from disposable

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<v Speaker 1>emotional experiences into sustainably appreciating digital assets. Very bullish, folks

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<v Speaker 1>see the movement that's happening globally with digital asset treasury companies,

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<v Speaker 1>folks buying crypto as a reserve asset adoption coming from

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<v Speaker 1>different industries, right, And no one saw the entertainment industry

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<v Speaker 1>getting involved, but they're getting involved, So don't be surprised.

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<v Speaker 1>We see the healthcare and much more. Things are moving

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<v Speaker 1>in the right direction. As I said earlier, so be patient.

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<v Speaker 1>I am bullish. This acid class is still relatively young

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<v Speaker 1>compared to other assets, so there's money to be made

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<v Speaker 1>in multiple cycles here, not just this one, but you

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<v Speaker 1>know the next one twenty eight to twenty thirty. 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>A great way you can support me in the podcast

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<v Speaker 1>is by subscribing to my free email newsletter. It is

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<v Speaker 1>one hundred percent free. Check out the link in the 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 mycryptocurse dot com. Folks,

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<v Speaker 1>thank you so much for watching and listening. I appreciate

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