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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 sit 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 platforms 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 price here. I

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<v Speaker 1>want to talk about what I'm seeing on the bitcoin

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<v Speaker 1>chart because the mac D on the daily chart is

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<v Speaker 1>about to flip bullish. Bitcoin currently trading over one hundred

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<v Speaker 1>and eleven thousand dollars. As I've been stating, guys, we're

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<v Speaker 1>not out of the bullmarket as yet. I don't believe

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<v Speaker 1>the blow off top has happened, and I've given various

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<v Speaker 1>factual data signals and much more. This is not about

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<v Speaker 1>emotions or feelings. We want to be educated about the

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<v Speaker 1>data and the charts, and what I'm seeing on the

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<v Speaker 1>chart once again, guys, is that the mac D is

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<v Speaker 1>about to flip bullish. So let's see how things play out.

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<v Speaker 1>We do have to give it time and of course,

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<v Speaker 1>expect volatility, expect fake outs, expect that potentially the price

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<v Speaker 1>could roll over and go test one hundred and one thousand. Right.

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<v Speaker 1>I'm not saying that is going to happen or guaranteed.

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<v Speaker 1>I'm just saying it's a scenario. There is a probability

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<v Speaker 1>of that, because we don't have a crystal ball, But

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<v Speaker 1>we're going to look at the data and look at

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<v Speaker 1>the macro and see what it's telling us, and I

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<v Speaker 1>believe it's a bullish scenario. Here the bitcoin monthly chart

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<v Speaker 1>still shows the bulls are in firm control despite the

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<v Speaker 1>short term volatility we're seeing. And here's a very positive sign.

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<v Speaker 1>Today the S and P five hundred hit a new

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<v Speaker 1>all time high. So what have I been telling you guys,

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<v Speaker 1>rotation of liquidity. Gold has been correcting, cooling down. Whether

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<v Speaker 1>that's a local or blow off top, I don't know.

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<v Speaker 1>We'll have to wait and see. But all of a sudden,

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<v Speaker 1>the SMP five hundred pops up to a new all

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<v Speaker 1>time high. Right, and we're starting to see the other

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<v Speaker 1>stock market indexes like the NASDAC and the Dow Jones

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<v Speaker 1>and the Rustle and all these things started to wake up.

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<v Speaker 1>Rotation of liquidity, and we are a macro bowl market

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<v Speaker 1>for all asset classes. So that's why you're seeing real estate,

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<v Speaker 1>crypto stocks, precious metals all hitting new all time highs.

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<v Speaker 1>Go look at the past two years the charts and

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<v Speaker 1>you'll see it right, the data again, no feelings, no

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<v Speaker 1>motions here, I'm repeating myself, because people get very emotional

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<v Speaker 1>about these things. I understand they have money, I understand

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<v Speaker 1>they want to make money. I understand the volatility bothers people.

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<v Speaker 1>But I'm emphasizing that so you can start looking at

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<v Speaker 1>the markets from a data perspective and not be emotional

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<v Speaker 1>and not be in the roller coaster ride. It will

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<v Speaker 1>really help as you get more educated about these things. Right,

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<v Speaker 1>So SMP five hundred hitting new all time highs, and guys,

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<v Speaker 1>we've seen this story before. Crypto's going to follow right.

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<v Speaker 1>In addition, global liquidity, which is one of the macro

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<v Speaker 1>factors that we're looking at, has been a leading indicator

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<v Speaker 1>that shows we still have room to run here. So

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<v Speaker 1>if all these assets are following global liquidity, I think

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<v Speaker 1>we know crypto is going to catch up. Here's something

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<v Speaker 1>that crypt Wizard shared which I thought was very interesting,

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<v Speaker 1>and it's along the lines of bitcoin dominance as well

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<v Speaker 1>as the Russell two thousand, So he says, bullish breakout. Next,

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<v Speaker 1>a liquidity storm is coming. Bitcoin dominance can sense it.

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<v Speaker 1>So one of the factors we've been highlighting why the

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<v Speaker 1>top is not in Bitcoin dominance has not collapsed like

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<v Speaker 1>we've seen in the past, right where Bitcoin goes on

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<v Speaker 1>that massive run and then the all coins follow. So

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<v Speaker 1>that has not happened as yet. So he adds here

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<v Speaker 1>the russell is trying to break, whiles Bitcoin dominance is

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<v Speaker 1>on the verge of a monthly shooting star. Each time

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<v Speaker 1>this happens, all explode. Crisis brings opportunity. So again the

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<v Speaker 1>data is showing us this. We're seeing multiple factors still

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<v Speaker 1>screaming bull market despite the short term volatility. And obviously

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<v Speaker 1>we've had some wild swings in the market due to

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<v Speaker 1>the tariff news, of course, and we continue to see

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<v Speaker 1>that whales are accumulating despite the short term volatility and

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<v Speaker 1>some outflows. The black Rock Bitcoin ETF they bought another

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<v Speaker 1>nine hundred and seventy six big coin and they now

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<v Speaker 1>hold over eight hundred and four thousand bitcoin. So on

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<v Speaker 1>chain data, ETF inflows still showing accumulation. Now today I

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<v Speaker 1>put out a newsletter covering a lot of this, guys,

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<v Speaker 1>that what bitcoin has been doing is testing the resistance

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<v Speaker 1>levels from December and it's building support off of that.

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<v Speaker 1>We've seen this time and time again, and there's just

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<v Speaker 1>a strong case, guys, of this bull market continuing again.

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<v Speaker 1>That's not a guarantee, you know, it's a probability, but

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<v Speaker 1>I do believe it's the scenario that has the higher

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<v Speaker 1>probability of playing out. So let's see what the next

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<v Speaker 1>couple of weeks bring us, because there are some macro

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<v Speaker 1>factors coming up, with the FED cutting rates, governments shut down,

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<v Speaker 1>ending Trump and China and the US and China and

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<v Speaker 1>the entire situation resolving, and the Fed. We just heard

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<v Speaker 1>from Jerome Powell last week that they're going to ramp

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<v Speaker 1>down quantitative tightening. So I believe quantitative easing will be

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<v Speaker 1>returning sooner. And I've often stated the market just needs

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<v Speaker 1>a signal, a doverish signal from the FED saying hey,

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<v Speaker 1>at some point, let's say in early twenty twenty six,

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<v Speaker 1>we're going to go back to money printing, right, and

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<v Speaker 1>we know they don't call it money printing, and they

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<v Speaker 1>call it quantitative easing. That's all the market needs to know, right,

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<v Speaker 1>Markets are forwardlooking. And in addition, you have the Crypto

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<v Speaker 1>Market Structure Bill that would be a huge milestone if

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<v Speaker 1>it passes the Senate this quarter, and I believe it will.

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<v Speaker 1>There's a lot of meetings happening in DC with the

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<v Speaker 1>crypto industry to crypto lobby. We just heard from White

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<v Speaker 1>House cryptos or David Sachs saying there's a strong possibility

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<v Speaker 1>gets done, and I think you will, guys. I think

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<v Speaker 1>once the government opens up and the government goes back

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<v Speaker 1>to getting their work done right, they're going to be

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<v Speaker 1>able to push this bill through. So there's also the

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<v Speaker 1>SEC approving the all coinyt app So all these things

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<v Speaker 1>are on the horizon. So in addition to the data

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<v Speaker 1>points and the signals and the metrics make me believe

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<v Speaker 1>that this bull market's not over. I hope you understand

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<v Speaker 1>that's not an emotional take. Yes, I want to make money,

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<v Speaker 1>but I'm also not a fool. If I see something

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<v Speaker 1>that is detrimental to the marketer and validates all of this,

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<v Speaker 1>I'm gonna be here. Guys. It's over right. Something is

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<v Speaker 1>completely different. Let's let's see what our new strategy is

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<v Speaker 1>going to be. But that's not what I'm seeing just

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<v Speaker 1>like I was telling you guys earlier this year with

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<v Speaker 1>the big tariff sell off and crash, I was like,

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<v Speaker 1>this is this is not the end of the bull market.

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<v Speaker 1>Even though people were screaming at me it's over look

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<v Speaker 1>at what's happening. Trump did this blah blah blah blah blah,

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<v Speaker 1>and I'm like, no, the data is just telling me

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<v Speaker 1>here that despite this being a severe sell off a

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<v Speaker 1>lot of fear, this structure still in place. Right. So

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<v Speaker 1>this is why, folks, I am not bearish. I am

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<v Speaker 1>not worried. If there was something to be worried about,

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<v Speaker 1>I'll be on there here telling you guys. And I've

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<v Speaker 1>often stated there will come a point where I will

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<v Speaker 1>turn bearish when this market tops out, so just be

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<v Speaker 1>ready for that day. But today it's not that day,

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<v Speaker 1>all right, folks. This episode is brought to you by

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<v Speaker 1>v chain, which is one of the top layer one

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<v Speaker 1>enterprise blockchains out there. Vchain is working with many brands

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<v Speaker 1>and companies around the world to build Web three technology.

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<v Speaker 1>Some of the key features of the v chain blockchain

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<v Speaker 1>includes its secure, affordable, scalable, fast, and sustainable. Some of

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<v Speaker 1>the brands working with vchain include Boston Consulting Group, Shivon Chi, PwC, Walmart, China, BMW,

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<v Speaker 1>and many more. They are also partner with Dana White

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<v Speaker 1>and the UFC doing some really cool things. Dana White

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<v Speaker 1>recently said he bought like a million dollars in the

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<v Speaker 1>VET token. I'm a VET token holder as well, I

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<v Speaker 1>have been since twenty eighteen. And vchain also recently added

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<v Speaker 1>staking via stargate. So lots of great things happening with

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<v Speaker 1>this blockchain and ecosystem. So if you'd like to learn more,

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<v Speaker 1>go to v chain dot org. Link will be in

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<v Speaker 1>the description. Now, folks, we have some very big news

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<v Speaker 1>coming out from Bloomberg. Here's the headline. JP Morgan to

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<v Speaker 1>allow clients to pledge big coin and Ether as collateral.

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<v Speaker 1>So JP Morgan continues to capitulate. This is the final boss.

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<v Speaker 1>Remember all the things Jamie Diamond has been saying over

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<v Speaker 1>the years, and they've been doing, and now they're launching

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<v Speaker 1>services around crypto, they are tokenizing, They're doing so much

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<v Speaker 1>and it's amazing. This is why the saying goes, watch

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<v Speaker 1>what they do, not what they say. So Jamie Diamond's

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<v Speaker 1>been playing the smoke and mirrors moves for years fooling

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<v Speaker 1>retail while he's been building and taking a position, and

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<v Speaker 1>all of Wall Street's here, So let me give you

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<v Speaker 1>some more details here. So, investment banking giant JP morgan

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<v Speaker 1>Chase plans to let institutional clients use their Bitcoin and

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<v Speaker 1>ether holdings as collateral for loans by year end, according

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<v Speaker 1>to a report by Bloomberg. The tokens pledged under the

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<v Speaker 1>Global program will be safeguarded by a third party custodian

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<v Speaker 1>and extends JP Morgan's earlier move to accept crypto linked

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<v Speaker 1>ETFs as loan collateral. Huge news, guys, and we know

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<v Speaker 1>they're going to go beyond Bitcoin and etheromy it's a

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<v Speaker 1>Bitcoin or ether, and then it expands other coins. Now

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<v Speaker 1>what's going to be interesting. I think we are in

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<v Speaker 1>the early stages of these crypto assets being used as collateral. Eventually,

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<v Speaker 1>if you hold crypto, you will be able to use

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<v Speaker 1>it to get loans as well, whether it's for a

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<v Speaker 1>mortgage or a car loan or whatever it is. So

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<v Speaker 1>I think that's down the road, right. I think we

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<v Speaker 1>can see the direction to Puck's heading in here. So

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<v Speaker 1>very bullish news, and expect the other Wall Street players

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<v Speaker 1>to do the same game. Theory will play out here now,

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<v Speaker 1>speaking of banks, look at this Zell wigh's stable coin

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<v Speaker 1>integration to expand its trillion dollar payments network abroad. Everybody's

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<v Speaker 1>building and adopting with crypto and folks, there are still

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<v Speaker 1>people out there who think this is all a scam.

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<v Speaker 1>They don't get it because they haven't gotten past narratives,

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<v Speaker 1>they haven't gotten to the factst they haven't educated themselves.

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<v Speaker 1>So if you're here and you understand what the hell

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<v Speaker 1>is happening, you know, consider yourself lucky because we're seeing

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<v Speaker 1>the biggest institutions in the world adopting this technology so

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<v Speaker 1>wildly use US payment network. Zell is eyeing an international

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<v Speaker 1>expansion utilizing stable cooin technology, according to a statement from Friday,

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<v Speaker 1>here's a quote. Zell transformed how Americans send money at home.

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<v Speaker 1>Now we're beginning to work to bring the same level

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<v Speaker 1>of speed and reliability to Zel customers sending money to

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<v Speaker 1>and from the United States. Early Warning Services CEO Cameron

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<v Speaker 1>Fowler said, our goal is to bring the trust speeding

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<v Speaker 1>convenience of Zell to consumers. International money movement needs Early

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<v Speaker 1>Warning Services operates Zell. The company said this initiative, which

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<v Speaker 1>is scant on details marks an important step in expanding

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<v Speaker 1>the reach of Zel globally by leveraging stable coins. Zell

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<v Speaker 1>has been exploring issuing its own stable coin. So, folks,

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<v Speaker 1>we know the benefits of blockchain and stable coins, instant settlement,

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<v Speaker 1>twenty four to seven, trading, the ability to do these things,

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<v Speaker 1>more trust, more transparency, borderless. You guys know the benefits, right.

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<v Speaker 1>So that's why these companies are capitulating because the old

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<v Speaker 1>system can't compete, so they have to build with this technology.

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<v Speaker 1>This is the future now. More bank news. Signum Bank

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<v Speaker 1>bets on bitcoin lending with multi sign custody model. So

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<v Speaker 1>these banks and institutions are coming up with new financial products. Here.

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<v Speaker 1>Signam Bank has partner with bitcoin backed lending platform deb

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<v Speaker 1>Fi never heard of that to launch a multi signature

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<v Speaker 1>lending product that allows borrowers to retain shared control of

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<v Speaker 1>their collateral. According to the Swiss Digital Asset Banks announcement

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<v Speaker 1>on Friday, the product introduces a bitcoin native multi sign

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<v Speaker 1>lending model that allows clients to retain control of their

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<v Speaker 1>collateral through distributed key management, ensuring that the assets cannot

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<v Speaker 1>be rehypothecated. Signum's clients can take out fiat loans backed

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<v Speaker 1>by bitcoin in a setup that requires three of five

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<v Speaker 1>keyholders to authorize any transaction, allowing borroers to track and

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<v Speaker 1>verify their collateral directly on chain. So I love that

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<v Speaker 1>they can still have access, right, the control is split

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<v Speaker 1>up here, So I like this model. You know what

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<v Speaker 1>JP Morgan, you know in the news I just shared

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<v Speaker 1>And look, it's maybe too early to criticize JP Morgan,

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<v Speaker 1>but I hope JP Morgan does this where you don't,

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<v Speaker 1>you know, lose complete control of your collateral here, your assets.

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<v Speaker 1>So let's see what they're able to come up with.

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<v Speaker 1>But what signam is doing is really really cool. So guys,

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<v Speaker 1>notice they're starting with bitcoin again. It's going to go

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<v Speaker 1>beyond bitcoin. So there's more to come here, folks, this

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<v Speaker 1>is really really big news. Now. Today the folks at

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<v Speaker 1>Ripple confirmed that they have completed their acquisition of Hidden Road,

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<v Speaker 1>which is a massive, huge, huge, huge acquisition for Ripple.

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<v Speaker 1>Right if you understand what Hidden Road does, and so

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<v Speaker 1>they said here introducing Ripple Prime, we're please to share

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<v Speaker 1>that our acquisition of Hidden Road is officially complete, making

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<v Speaker 1>Ripple the first crypto company to own and operate a

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<v Speaker 1>global multi asset prime broker bringing the promise of digital

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<v Speaker 1>assets to institutional customers at scale. We knew this was

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<v Speaker 1>happening right because the news of the acquisition was announced

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<v Speaker 1>months ago. But what Ripple CEO Brad Garlinghouse said today

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<v Speaker 1>is very bullish for XRP. He said, with today's close

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<v Speaker 1>of Hidden Road now Ripple Prime. Ripple has announced five

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<v Speaker 1>major acquisitions in approximate two years. G Treasury last week,

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<v Speaker 1>Rail in August, Standard Custody in twenty twenty four, Medico

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<v Speaker 1>in twenty twenty three. As we continue to build solutions

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<v Speaker 1>towards enabling an Internet of value, I'm reminding you that

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<v Speaker 1>XRP sits in the center of everything Ripple does. Lock

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<v Speaker 1>in very bullish. This is huge, guys, and you know

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<v Speaker 1>they're going to push for the use of the XRP

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<v Speaker 1>ledger and have folks bill on the XRP ledger. Use

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<v Speaker 1>XRP where it makes sense. I don't. There's some people

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<v Speaker 1>who get very confused. They think, oh, everybody has to

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<v Speaker 1>use XRP. No, they simply just have to use the

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<v Speaker 1>XRP ledger because that gives the network more value and

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<v Speaker 1>of course it's native token. This is metals law reads

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<v Speaker 1>law as well network effects, and I've talked a lot

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<v Speaker 1>about this. You know, you look at etherorem the amount

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<v Speaker 1>of building that was happening. It's not that people are

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<v Speaker 1>using ETH itself, but as they're using the network, ETH

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<v Speaker 1>gets greased, so to speak. You know, its value goes up,

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<v Speaker 1>the network goes up. Right, the more participants, YadA YadA.

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<v Speaker 1>So study Metcalps law network effects and you understand what

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<v Speaker 1>I'm talking about here. So these folks don't have to

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<v Speaker 1>use XRP directly, but I do believe they have to

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<v Speaker 1>use the XRP ledger. That's the point. It's a network.

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<v Speaker 1>Participate on it. More value that's moving, the higher evaluation

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<v Speaker 1>of the said blockchain network. And of course it's native token.

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<v Speaker 1>So this is really big and great to see Brad

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<v Speaker 1>giving the details here. All right, let's move ahead. Trump

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<v Speaker 1>to nominate SEC's pro crypto Mike Sealig as CFTC chair.

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<v Speaker 1>So you know, things fell through with Brian contents, but

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<v Speaker 1>we get another pro crypto person that's going to be

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<v Speaker 1>heading up to CFTC as the chair, So I think

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<v Speaker 1>this one should go through right now. Caroline fam who's

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<v Speaker 1>the acting chair, has been doing a great job with

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<v Speaker 1>the crypto Sprint and much more. So let's see if

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<v Speaker 1>he can get confirmed sooner than later. But here's some details.

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<v Speaker 1>Celick currently serves as the SEC Commissions Crypto Task Force

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<v Speaker 1>Chief Counsel and Senior Advisor to SEC Chair Paul Atkins.

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<v Speaker 1>So you can't get more pro crypto than that, right,

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<v Speaker 1>So he knows everything that's going on already, so it's

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<v Speaker 1>not like he has to be brought up to speed.

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<v Speaker 1>So I think this is a solid pick. Moving ahead, Rumble,

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<v Speaker 1>the video platform, partners with Tether to add bitcoin tips

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<v Speaker 1>for content creators. Now, I personally do use Rumble to

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<v Speaker 1>publish my content. There's not a huge following there. The

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<v Speaker 1>majority of the following is on YouTube of but you know,

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<v Speaker 1>I do use Rumble because I know there's an audience there.

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<v Speaker 1>So this is really great though. This is real world

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<v Speaker 1>adoption of crypto. So Rumble has teamed up with Staplecorny

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<v Speaker 1>Shirt Tether to enable bitcoin tipping. Pavlowski excuse me, CEO

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<v Speaker 1>Chris Pavlowski set on stage at the Plan B form

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<v Speaker 1>in Lugano, Switzerland. So he says, right now, we're in

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<v Speaker 1>the testing phase, but we're gonna start rolling that out

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<v Speaker 1>alongside Tether here in the coming week. So I love it. Guys.

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<v Speaker 1>This is a real world adoption here, and you're going

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<v Speaker 1>to see more and more platforms adopt crypto in different ways. Now,

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<v Speaker 1>look at this TYE regulators raid world iris scanning site

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<v Speaker 1>in latest headache for Sam Altmans. So this is talking

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<v Speaker 1>about the world coin and you guys know how I

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<v Speaker 1>feel about worldcoin, right. I like the mission, but the

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<v Speaker 1>way they're going about it with the draconian IRIS scan

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<v Speaker 1>that is not I'm not a fan of that right,

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<v Speaker 1>spoken about it a lot, and that's my personal feelings.

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<v Speaker 1>You know, you don't have to agree with me, but

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<v Speaker 1>I don't like that. And one of the things I

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<v Speaker 1>said was, where is the independent audit to say they're

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<v Speaker 1>not doing anything the furious or bad or violating your

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<v Speaker 1>rights with the data they're collecting. Because if they're connecting

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<v Speaker 1>your biometrics and they're doing this in different countries, then

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<v Speaker 1>people are getting coins. What are they doing with that data? Right?

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<v Speaker 1>So these are things that have me worried and why

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<v Speaker 1>I'm not personally, you know, invested in the token. Look,

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<v Speaker 1>it may do well, I'm not saying it won't, but

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<v Speaker 1>I don't you know, I need more information here, and

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<v Speaker 1>I've been on record saying that, right, you guys know

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<v Speaker 1>that who've been following me on this podcast, I've said

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<v Speaker 1>I don't like that, and I said the governments, a

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<v Speaker 1>lot of them are going to push back and their

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<v Speaker 1>Thailand Securities can Exchange Commission conducted a joint operation with

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<v Speaker 1>Cyber Crime Investigation Bureau to raid an IRIS scanning location

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<v Speaker 1>related to the WLD exchange services. So let's see what happens.

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<v Speaker 1>I think a lot of governments are going to push

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<v Speaker 1>back because you're taking people's data and nobody knows where

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<v Speaker 1>it's going. I'm not saying they're doing something bad with it,

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<v Speaker 1>but we just don't have that clarity. Right. Is it

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<v Speaker 1>truly encrypted on the blockchain or is someone at world

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<v Speaker 1>coin able to pull that data and do the fairest

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<v Speaker 1>things with it? Right? Who can answer that question? And

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<v Speaker 1>I would love someone. I would try to get someone

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<v Speaker 1>from world Coin on the pod to talk about it.

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<v Speaker 1>But I've not seen this concern and address completely and

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<v Speaker 1>again needs an independent auditor to review this. Anyway, folks,

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<v Speaker 1>I digress. Let me know what you think. Leave your

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

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<v Speaker 1>you appreciate this content, please support the podcast by subscribing

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<v Speaker 1>to my free email newsletter. It's one hundred percent free.

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<v Speaker 1>As mentioned earlier, I put out a write up today,

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<v Speaker 1>so check it out. Guys, packed with a lot of information. Again,

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<v Speaker 1>it's free, doesn't cost you anything. And check out my

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

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<v Speaker 1>my course at Mycrypto course dot com. This is a

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<v Speaker 1>comprehensive course that teaches you everything about crypto folks. Thank

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<v Speaker 1>you for watching, thank you for tuning in. I appreciate

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