Speaker 1: Hey, folks, Welcome into the Thinking Crypto Podcasts, your home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward
Speaker 1: on your weight in. Please hit that subscribe button as
Speaker 1: well as the thumbs up button and leave a comment below.
Speaker 1: If you're listening on a podcast platform such as Spotify
Speaker 1: or Apple, please leave a five star rating and review. Folks, Today,
Speaker 1: as we've been talking about, we are seeing bitcoin pulling back,
Speaker 1: a healthy pullback. You know, the other day I was
Speaker 1: talking about Bitcoin's are assigned the daily chart being in
Speaker 1: the overbought zone. So naturally what you can expect based
Speaker 1: on the data is that we will see a healthy
Speaker 1: pullback as we've been talking about. The next major target
Speaker 1: is one hundred and thirty one hundred and thirty two
Speaker 1: k around there. It may overshoot and go to one
Speaker 1: hundred and thirty five. We'll just have to wait and see.
Speaker 1: But nevertheless, the market cycles are playing out both from
Speaker 1: the micro and macro. But we are still in the bullmarket.
Speaker 1: Everything is still in teac and we are still seeing
Speaker 1: the macro bullmarket for all assets play out, with gold
Speaker 1: hitting new all time highs. Gold is over four thousand
Speaker 1: dollars right now, which is incredible. But obviously you know,
Speaker 1: we're not really focused on gold here, but I'm painting
Speaker 1: the larger picture for you to see that all these
Speaker 1: assets are following rising global liquidity. And on the weekly
Speaker 1: chart with this pullback, we're seeing that the candle that
Speaker 1: was forming green on the mac D yesterday has now
Speaker 1: flipped back to light red. But it still shows the
Speaker 1: bears are losing the momentum, So bulls are going to
Speaker 1: take control here. From a weekly standpoint, and of course
Speaker 1: the higher timeframe the monthly chart, you have to look
Speaker 1: at this right to see the full picture, and then
Speaker 1: zoom out on this. We see that the RSI is
Speaker 1: nowhere close to the overheated zone we've seen in the past,
Speaker 1: and the mac D shows the bulls are in full control.
Speaker 1: There has been no change there, so we still got
Speaker 1: room for upside. You know, I want to address one troll.
Speaker 1: His name is Able Gaming twenty four. He posted on
Speaker 1: a video I published and he says he's always calling
Speaker 1: for a pullbacks and gets it wrong. Well, Able, I'm
Speaker 1: using the day here. It is right. We're seeing the pullback.
Speaker 1: As mentioned. It's not that I want to boast, but
Speaker 1: I want to highlight. You look at the data, not
Speaker 1: our feelings and emotions. Now, if we look at total
Speaker 1: three where we have the exclusion of bitcoin, e theorem
Speaker 1: and stable coins, that still shows room for upside as
Speaker 1: well from the artists, I as well as the bulls
Speaker 1: are in control in the MACD. So we're waiting, of
Speaker 1: course for some liquidity to rotate from Bitcoin down to
Speaker 1: these alts, so we have to be patient here. However,
Speaker 1: what we are seeing, folks, is that bn B is
Speaker 1: one of the leading all coins now it has gotten
Speaker 1: the mantle as the leading all coin. We've seen this
Speaker 1: for Solana, XRP throughout this bull market. Now it's Bnb's turn.
Speaker 1: So this is very interesting. BnB rallies to eighty percent
Speaker 1: to become the third largest cryptocurrency, surpassing XRP. Now you're
Speaker 1: going to see a lot of trolls come out XRP
Speaker 1: is dead haha. But these are people who are prisoners
Speaker 1: of the moment. They operate by emotions. As mentioned, we've
Speaker 1: seen rotate of liquidity, so you're going to see some
Speaker 1: ebbs and flows here for these different coins. But what
Speaker 1: will eventually happen is that the liquidity will hit x
Speaker 1: ORP Salon and much more, and they will all have
Speaker 1: their day in the sun. I've often stated every dog
Speaker 1: has its day in this market. So again, watch out
Speaker 1: for the people who are prisoners of the moment and
Speaker 1: are just going to go nuts and start spreading fud. Right,
Speaker 1: But we don't want to be involved in low IQ
Speaker 1: activities like that. We don't want to be emotional, we
Speaker 1: want to be educated. So here's what crypto wizards said
Speaker 1: about B and B higher. She goes, writing to a
Speaker 1: new all time high. Just a few days later, BnB
Speaker 1: has hit our one three and twenty dollars target would ease.
Speaker 1: Once it breaks above it, it will see seventeen hundred dollars.
Speaker 1: We're up plus one hundred and twenty five point seven
Speaker 1: six percent more to come. So again we're going to
Speaker 1: watch BnB closely because it's showing a lot of strength.
Speaker 1: It's the all coin that has that mantle on it
Speaker 1: as being you know, the leading all coin here amongst
Speaker 1: the pack. So this is a good sign. This is
Speaker 1: more confirmation we got room to run because we saw
Speaker 1: this with Solana and we saw it with XRP. Now,
Speaker 1: with regards to XRP, if you caught my interview with
Speaker 1: Caleb Friendzen from this morning, we went over the charts
Speaker 1: for bitcointy, THEEREM XRP, and Solana. I highly recommend you
Speaker 1: check it out because he does a lot of Fibonacci
Speaker 1: analysis and his thesis is for XRP, as long as
Speaker 1: we maintained the two dollars and sixty eight cents floor,
Speaker 1: we are pretty good. You know, his price targets based
Speaker 1: off of the pullback would be about four dollars and
Speaker 1: forty three cents. As the next target, the two point
Speaker 1: six one eight would put us as six dollars. Now,
Speaker 1: he said, if you use the correction point from Q one,
Speaker 1: the next target for the one point six one eight
Speaker 1: would be five dollars and forty four cents, and for
Speaker 1: the two point six one eight would be eleven dollars
Speaker 1: and fifty five cents. So of course you all know,
Speaker 1: I hope this then gets the eleven bucks. That be amazing.
Speaker 1: I think it can. You know, there's a high probability,
Speaker 1: but there's no guarantee. I know people want certainty, right,
Speaker 1: but this is not playing the lottery. This is not
Speaker 1: going to the casino. And you know, you throw it
Speaker 1: on red or black and then you get your outcome.
Speaker 1: This is investing where you have ebbs and flows. You
Speaker 1: have a multiple factors, global liquidity, you know, macro catalysts
Speaker 1: and much more. So you've got to be patient. Patience
Speaker 1: is so important here, folks. I can't stress that enough.
Speaker 1: I've been here for multiple bull and bear market cycles.
Speaker 1: I've seen it all, and we've seen incredible moves so far,
Speaker 1: but it takes time for these things to build up
Speaker 1: for the next move up. So just be patient, folks.
Speaker 1: The bull market's not over. So once again, check out
Speaker 1: that interview with Kale from this morning. It's a great one.
Speaker 1: You're going to get a lot of value out of
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Speaker 1: market activities continue. We have ORANJBTC. I from saying that
Speaker 1: right said, we're officially public. URANJBTC is now listed on
Speaker 1: B three Brazilian Stock Exchange. Built in Brazil, made for
Speaker 1: the world, accelerating bitcoin adoption across Latin America. So they're
Speaker 1: the largest bitcoin treasury company in a Latin America. And folks,
Speaker 1: a couple of takeaways here. One, IPOs are happening, We're
Speaker 1: still in the bull market. No one goes a public
Speaker 1: in a bear market, right, I've said that many times. Second,
Speaker 1: this thing is happening around the globe. Crypto's a global
Speaker 1: asset class. So we've been seeing a lot of companies
Speaker 1: in the United States go public, but look at this.
Speaker 1: This is happening in Brazil. There's been some Hong Kong
Speaker 1: as well, so clearly people are bullish they're going public.
Speaker 1: It reminds me of the dot com boom in the nineties, right,
Speaker 1: a lot of different dot com companies going public and
Speaker 1: much more now. I know some of you are going
Speaker 1: to say, but Tony, wasn't there a bubble? Yes, but
Speaker 1: every acid class in market has bubbles the dot com
Speaker 1: technology era of that time, the real estate market of course,
Speaker 1: and crypto has gone through its mini bubble phases. But
Speaker 1: this could be the big one. In addition to other
Speaker 1: acid classes, right, I think we're in the everything bubble.
Speaker 1: You're seeing precious metals goal rip, the stock market, ripping,
Speaker 1: real estate's new all time highs, all of its following
Speaker 1: global liquidity. But anyway, the major takeaway here is cyllinable market.
Speaker 1: Companies are going public, people are bullish and crypto and
Speaker 1: it's happening around the globe. Now. Speaking of going public
Speaker 1: and stock exchanges, the New York Stock Exchange owner the
Speaker 1: Intercontinental Exchange rises after it takes two billion dollars stake
Speaker 1: in Polymarket. So essentially the parent company of the New
Speaker 1: York Stock Exchange has invested in Polymarket. If you can't
Speaker 1: beat them, join them. This is a massive capitulation. We
Speaker 1: are seeing capitulation across the board, Vanguard, JP, Morgan City Bank,
Speaker 1: you name it. They are all bending the knee to
Speaker 1: this technology and acid class. So the deal values Polymarket
Speaker 1: at around are approximately eight billion dollars. This is incredible.
Speaker 1: It's just a sign of the times. We're seeing the
Speaker 1: convergence of trad fi and crypto folks. And as I've
Speaker 1: been telling you guys, the future of the markets, governments,
Speaker 1: and economies will all run on blockchain rails. Now, speaking
Speaker 1: of stock exchanges, s and p unveils, digital markets, fifty
Speaker 1: index tracking cryptos and blockchain stocks. But wait a minute,
Speaker 1: I thought this was all a scam. It's a ponzi right,
Speaker 1: It's all fake. It's only used for money laundering. That's
Speaker 1: the mentality and the mindset a lot of people out
Speaker 1: there have because they haven't taken the next step to
Speaker 1: research this for themselves. They just read headlines. They don't
Speaker 1: go beyond their political bubble or the narrative bubble and say,
Speaker 1: you know, let me go look at what's happening here,
Speaker 1: let me look at both sides, let me educate myself.
Speaker 1: But clearly the infrastructure is being built out here for
Speaker 1: this market, and as mentioned, you know the convergence of
Speaker 1: tradfi and crypto, so we're seeing a lot of services, infrastructure,
Speaker 1: white glove services, and data and analytics being built out
Speaker 1: that have existed for traditional assets. So this is all
Speaker 1: very bullish. So SMP Global plans to launch a new
Speaker 1: benchmark index that tracks a wide range of digital assets
Speaker 1: and blockchain related companies, signaling growing recognition of the crypto
Speaker 1: sector within traditional finance. The SMP Digital Markets fifty index,
Speaker 1: created in partnership with tokenization company Dinari, includes fifteen cryptocurrencies
Speaker 1: with a market capitalization of at least three hundred million
Speaker 1: dollars and thirty five publicly traded companies in a sector
Speaker 1: with a market cap of at least one hundred million
Speaker 1: dollars SMP announced Tuesday. Constituents have not yet been published,
Speaker 1: but no single component will exceed five percent of the index.
Speaker 1: Some of these sectors' biggest companies include Bitcoin Treasury Company
Speaker 1: Strategy also known as micro Strategy, Crypto Exchange, Coinbase, and
Speaker 1: Bitcoin minor Riot Platforms. Folks, when I see stuff like this,
Speaker 1: I just sit back and I'm like, Okay, I'm getting
Speaker 1: ready not only for this bullmarket, like I've said many times,
Speaker 1: but future bull markets because all of this will usher
Speaker 1: in more capital. There's going to be more building, more
Speaker 1: financial products being built around crypto. And this is before
Speaker 1: we've gotten the Clarity Act passed, before market structure is
Speaker 1: in place, so you imagine what's going to happen post
Speaker 1: market structure being passed into law. Right, So I hope
Speaker 1: you're gonna stick around with me for the ride, because,
Speaker 1: like I said, I don't only want to make money now,
Speaker 1: but for the future markets. And there's more to come
Speaker 1: out of this market, guys. There's more to be built here,
Speaker 1: and it's a global asset class, so a lot of
Speaker 1: capital is going to come in. Here's another example of
Speaker 1: trad FI merging with crypto b and Y Yes, b
Speaker 1: and y Melon. America's OLAS bank explorers tokenize deposits to
Speaker 1: power two point five trillion dollar daily payment network. Of course, there, guys,
Speaker 1: I mean it's incredible. What's happening bny Melon. They launched
Speaker 1: crypto custody already. They are the world's largest custodial bank.
Speaker 1: They have been before crypto so b and why the
Speaker 1: largest custodian bank in the world is exploring tokenized deposits
Speaker 1: to enable clients to transfer funds instantly twenty four to
Speaker 1: seven while easing constraints of its legacy systems. Remember what
Speaker 1: I've been telling you guys for years, We're headed to
Speaker 1: the token economy twenty four to seven, trading three hundred
Speaker 1: and sixty five days, no more opening a closing belt
Speaker 1: that will be a thing of the pass, a relic
Speaker 1: of the past, right of traditional finance. We are going
Speaker 1: to be trading and having truly global markets running on
Speaker 1: the blockchain, verifiable instant settlement, and much more so. Carl
Speaker 1: Slabiki executive platform owner for Treasury Services at B and
Speaker 1: Y told Bloomberg that the project is part of an
Speaker 1: effort to upgrade real time and cross border payments, aiming
Speaker 1: to move a portion of its two point five trillion
Speaker 1: dollars daily payment flow onto blockchain rails. I'm going to
Speaker 1: repeat myself for the million time. The future of the markets, economies,
Speaker 1: and governments will all run on blockchain rails. Book it,
Speaker 1: Learn what the hell is happening here. Pick your horses,
Speaker 1: Look at the blockchain these firms are using, and buy
Speaker 1: the blood on the streets, the fear, and just sit
Speaker 1: back and be patient. Don't try to use leverage, don't
Speaker 1: try to day trade it. Just hold it, hold it
Speaker 1: and that could be holding it over time, years, and
Speaker 1: much more. But you're going to get the best return.
Speaker 1: As poll Tudor Jones said, cryptos the fastest horse in
Speaker 1: the race amongst assets, so compared to gold, stock market,
Speaker 1: real estate, cryptos outperformed all of those asset classes. So
Speaker 1: tokenized deposits can help banks overcome legacy technology constraints, making
Speaker 1: it easier to move deposits and payments across their own
Speaker 1: ecosystems and eventually across the border market as standards mature,
Speaker 1: Slabiki said. Tokenize the are digital coins backed one to
Speaker 1: one by commercial bank money, unlike stable coins, which are
Speaker 1: often backed by securities or third party reserves. Tokenize deposits
Speaker 1: represent direct claims on commercial bank balances. Huge, huge news here, folks,
Speaker 1: big power players getting involved, and it's amazing to see
Speaker 1: the capitulation. All right, final news item here. Life Insured
Speaker 1: Meanwhile raises eighty two million dollars for bitcoin financial products.
Speaker 1: I had interviewed the CEO of MEANWHILE. I think it
Speaker 1: was last year. They're doing some very interesting things. A
Speaker 1: lot of products are services are going to be built
Speaker 1: around bitcoin and all coins as the acid class continues
Speaker 1: to mature, as we have regulation, and you know, with
Speaker 1: Tradify coming in, you know they're going to get creative
Speaker 1: and try to mimic products that exist for traditional assets
Speaker 1: with crypto. So I think we're going to see a
Speaker 1: lot of innovation and creativity guys, especially once the Market
Speaker 1: Structure Bill passes. So Bitcoin Life Insurance Company Meanwhile has
Speaker 1: raised eighty two million dollars in a new funding round
Speaker 1: led by Baine Capital, Crypto and Han Ventures. The company
Speaker 1: regulated by the Bermuda Monetary Authority plans to use the
Speaker 1: funds to meet surging demand for bitcoin denominated retirement and
Speaker 1: inflation proof savings products. According to a Tuesday announcement, MEANWHILE
Speaker 1: offers bitcoin based life insurance, annuities, savings products and insurance
Speaker 1: bonds for individuals and institutions, with all premiums, policy values,
Speaker 1: and claims managed in bitcoin. Very very interesting. So Apollo,
Speaker 1: still Mark and Northwestern Mutual Future Ventures also contributed to
Speaker 1: the funding round. The new funding brings meanwhile's total capital
Speaker 1: rays in twenty twenty five to one hundred and twenty
Speaker 1: two million dollars, adding to its forty million dollars Series
Speaker 1: A from April, led by Framework Ventures and Vulgar Ventures. Man,
Speaker 1: they're grabbing a lot of money here, and I think
Speaker 1: the institutional investors, the vcs and the hedge ones, they
Speaker 1: recognize what's coming, right. I'm sure they're hearing a lot
Speaker 1: of things through the grapevine because, like I said, it
Speaker 1: would tratify coming in. They're going to want all the
Speaker 1: bells and whistles and components that exist in the traditional
Speaker 1: finance world for those assets, right, those respective assets. So
Speaker 1: the early bird here who is able to get the
Speaker 1: headstart and build. These products can do really well. And
Speaker 1: it's a smart move here by these folks. So Zach Townsend,
Speaker 1: who once again i've interviewed CEO meanwhile, told Telegraph that
Speaker 1: having investors from both crypto and traditional finance showed both
Speaker 1: domains see bitcoin as a foundational asset for savings protection
Speaker 1: and intergenerational wealth transfer. Well said, folks, that's the news.
Speaker 1: Let me know what you think. Leave your thoughts and
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