WEBVTT

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<v Speaker 1>Hey, folks, Welcome into the Thinking Crypto Podcasts, your 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 weight in. Please hit that subscribe button as

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<v Speaker 1>well as the thumbs up button and leave a comment below.

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<v Speaker 1>If you're listening on a podcast platform such as Spotify

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<v Speaker 1>or Apple, please leave a five star rating and review. Folks, Today,

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<v Speaker 1>as we've been talking about, we are seeing bitcoin pulling back,

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<v Speaker 1>a healthy pullback. You know, the other day I was

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<v Speaker 1>talking about Bitcoin's are assigned the daily chart being in

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<v Speaker 1>the overbought zone. So naturally what you can expect based

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<v Speaker 1>on the data is that we will see a healthy

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<v Speaker 1>pullback as we've been talking about. The next major target

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<v Speaker 1>is one hundred and thirty one hundred and thirty two

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<v Speaker 1>k around there. It may overshoot and go to one

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<v Speaker 1>hundred and thirty five. We'll just have to wait and see.

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<v Speaker 1>But nevertheless, the market cycles are playing out both from

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<v Speaker 1>the micro and macro. But we are still in the bullmarket.

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<v Speaker 1>Everything is still in teac and we are still seeing

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<v Speaker 1>the macro bullmarket for all assets play out, with gold

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<v Speaker 1>hitting new all time highs. Gold is over four thousand

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<v Speaker 1>dollars right now, which is incredible. But obviously you know,

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<v Speaker 1>we're not really focused on gold here, but I'm painting

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<v Speaker 1>the larger picture for you to see that all these

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<v Speaker 1>assets are following rising global liquidity. And on the weekly

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<v Speaker 1>chart with this pullback, we're seeing that the candle that

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<v Speaker 1>was forming green on the mac D yesterday has now

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<v Speaker 1>flipped back to light red. But it still shows the

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<v Speaker 1>bears are losing the momentum, So bulls are going to

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<v Speaker 1>take control here. From a weekly standpoint, and of course

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<v Speaker 1>the higher timeframe the monthly chart, you have to look

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<v Speaker 1>at this right to see the full picture, and then

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<v Speaker 1>zoom out on this. We see that the RSI is

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<v Speaker 1>nowhere close to the overheated zone we've seen in the past,

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<v Speaker 1>and the mac D shows the bulls are in full control.

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<v Speaker 1>There has been no change there, so we still got

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<v Speaker 1>room for upside. You know, I want to address one troll.

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<v Speaker 1>His name is Able Gaming twenty four. He posted on

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<v Speaker 1>a video I published and he says he's always calling

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<v Speaker 1>for a pullbacks and gets it wrong. Well, Able, I'm

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<v Speaker 1>using the day here. It is right. We're seeing the pullback.

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<v Speaker 1>As mentioned. It's not that I want to boast, but

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<v Speaker 1>I want to highlight. You look at the data, not

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<v Speaker 1>our feelings and emotions. Now, if we look at total

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<v Speaker 1>three where we have the exclusion of bitcoin, e theorem

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<v Speaker 1>and stable coins, that still shows room for upside as

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<v Speaker 1>well from the artists, I as well as the bulls

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<v Speaker 1>are in control in the MACD. So we're waiting, of

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<v Speaker 1>course for some liquidity to rotate from Bitcoin down to

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<v Speaker 1>these alts, so we have to be patient here. However,

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<v Speaker 1>what we are seeing, folks, is that bn B is

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<v Speaker 1>one of the leading all coins now it has gotten

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<v Speaker 1>the mantle as the leading all coin. We've seen this

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<v Speaker 1>for Solana, XRP throughout this bull market. Now it's Bnb's turn.

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<v Speaker 1>So this is very interesting. BnB rallies to eighty percent

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<v Speaker 1>to become the third largest cryptocurrency, surpassing XRP. Now you're

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<v Speaker 1>going to see a lot of trolls come out XRP

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<v Speaker 1>is dead haha. But these are people who are prisoners

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<v Speaker 1>of the moment. They operate by emotions. As mentioned, we've

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<v Speaker 1>seen rotate of liquidity, so you're going to see some

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<v Speaker 1>ebbs and flows here for these different coins. But what

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<v Speaker 1>will eventually happen is that the liquidity will hit x

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<v Speaker 1>ORP Salon and much more, and they will all have

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<v Speaker 1>their day in the sun. I've often stated every dog

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<v Speaker 1>has its day in this market. So again, watch out

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<v Speaker 1>for the people who are prisoners of the moment and

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<v Speaker 1>are just going to go nuts and start spreading fud. Right,

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<v Speaker 1>But we don't want to be involved in low IQ

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<v Speaker 1>activities like that. We don't want to be emotional, we

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<v Speaker 1>want to be educated. So here's what crypto wizards said

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<v Speaker 1>about B and B higher. She goes, writing to a

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<v Speaker 1>new all time high. Just a few days later, BnB

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<v Speaker 1>has hit our one three and twenty dollars target would ease.

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<v Speaker 1>Once it breaks above it, it will see seventeen hundred dollars.

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<v Speaker 1>We're up plus one hundred and twenty five point seven

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<v Speaker 1>six percent more to come. So again we're going to

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<v Speaker 1>watch BnB closely because it's showing a lot of strength.

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<v Speaker 1>It's the all coin that has that mantle on it

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<v Speaker 1>as being you know, the leading all coin here amongst

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<v Speaker 1>the pack. So this is a good sign. This is

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<v Speaker 1>more confirmation we got room to run because we saw

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<v Speaker 1>this with Solana and we saw it with XRP. Now,

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<v Speaker 1>with regards to XRP, if you caught my interview with

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<v Speaker 1>Caleb Friendzen from this morning, we went over the charts

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<v Speaker 1>for bitcointy, THEEREM XRP, and Solana. I highly recommend you

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<v Speaker 1>check it out because he does a lot of Fibonacci

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<v Speaker 1>analysis and his thesis is for XRP, as long as

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<v Speaker 1>we maintained the two dollars and sixty eight cents floor,

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<v Speaker 1>we are pretty good. You know, his price targets based

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<v Speaker 1>off of the pullback would be about four dollars and

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<v Speaker 1>forty three cents. As the next target, the two point

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<v Speaker 1>six one eight would put us as six dollars. Now,

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<v Speaker 1>he said, if you use the correction point from Q one,

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<v Speaker 1>the next target for the one point six one eight

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<v Speaker 1>would be five dollars and forty four cents, and for

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<v Speaker 1>the two point six one eight would be eleven dollars

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<v Speaker 1>and fifty five cents. So of course you all know,

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<v Speaker 1>I hope this then gets the eleven bucks. That be amazing.

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<v Speaker 1>I think it can. You know, there's a high probability,

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<v Speaker 1>but there's no guarantee. I know people want certainty, right,

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<v Speaker 1>but this is not playing the lottery. This is not

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<v Speaker 1>going to the casino. And you know, you throw it

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<v Speaker 1>on red or black and then you get your outcome.

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<v Speaker 1>This is investing where you have ebbs and flows. You

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<v Speaker 1>have a multiple factors, global liquidity, you know, macro catalysts

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<v Speaker 1>and much more. So you've got to be patient. Patience

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<v Speaker 1>is so important here, folks. I can't stress that enough.

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<v Speaker 1>I've been here for multiple bull and bear market cycles.

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<v Speaker 1>I've seen it all, and we've seen incredible moves so far,

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<v Speaker 1>but it takes time for these things to build up

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<v Speaker 1>for the next move up. So just be patient, folks.

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<v Speaker 1>The bull market's not over. So once again, check out

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<v Speaker 1>that interview with Kale from this morning. It's a great one.

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<v Speaker 1>You're going to get a lot of value out of

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<v Speaker 1>it now, folks. This episode is brought to you by Treasure.

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<v Speaker 1>private keys, so don't worry about that, right, that is

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<v Speaker 1>something they won't ask you for. And of course you

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<v Speaker 1>should never share with anybody. But if you have questions

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<v Speaker 1>about setting it up you need some handholding, they will

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<v Speaker 1>can get five percent off your purchase of a device.

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<v Speaker 1>So check out Treasure once again, I'm a user. All

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<v Speaker 1>the links will be in the description now, folks. Bull

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<v Speaker 1>market activities continue. We have ORANJBTC. I from saying that

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<v Speaker 1>right said, we're officially public. URANJBTC is now listed on

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<v Speaker 1>B three Brazilian Stock Exchange. Built in Brazil, made for

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<v Speaker 1>the world, accelerating bitcoin adoption across Latin America. So they're

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<v Speaker 1>the largest bitcoin treasury company in a Latin America. And folks,

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<v Speaker 1>a couple of takeaways here. One, IPOs are happening, We're

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<v Speaker 1>still in the bull market. No one goes a public

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<v Speaker 1>in a bear market, right, I've said that many times. Second,

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<v Speaker 1>this thing is happening around the globe. Crypto's a global

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<v Speaker 1>asset class. So we've been seeing a lot of companies

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<v Speaker 1>in the United States go public, but look at this.

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<v Speaker 1>This is happening in Brazil. There's been some Hong Kong

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<v Speaker 1>as well, so clearly people are bullish they're going public.

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<v Speaker 1>It reminds me of the dot com boom in the nineties, right,

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<v Speaker 1>a lot of different dot com companies going public and

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<v Speaker 1>much more now. I know some of you are going

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<v Speaker 1>to say, but Tony, wasn't there a bubble? Yes, but

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<v Speaker 1>every acid class in market has bubbles the dot com

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<v Speaker 1>technology era of that time, the real estate market of course,

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<v Speaker 1>and crypto has gone through its mini bubble phases. But

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<v Speaker 1>this could be the big one. In addition to other

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<v Speaker 1>acid classes, right, I think we're in the everything bubble.

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<v Speaker 1>You're seeing precious metals goal rip, the stock market, ripping,

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<v Speaker 1>real estate's new all time highs, all of its following

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<v Speaker 1>global liquidity. But anyway, the major takeaway here is cyllinable market.

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<v Speaker 1>Companies are going public, people are bullish and crypto and

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<v Speaker 1>it's happening around the globe. Now. Speaking of going public

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<v Speaker 1>and stock exchanges, the New York Stock Exchange owner the

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<v Speaker 1>Intercontinental Exchange rises after it takes two billion dollars stake

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<v Speaker 1>in Polymarket. So essentially the parent company of the New

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<v Speaker 1>York Stock Exchange has invested in Polymarket. If you can't

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<v Speaker 1>beat them, join them. This is a massive capitulation. We

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<v Speaker 1>are seeing capitulation across the board, Vanguard, JP, Morgan City Bank,

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<v Speaker 1>you name it. They are all bending the knee to

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<v Speaker 1>this technology and acid class. So the deal values Polymarket

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<v Speaker 1>at around are approximately eight billion dollars. This is incredible.

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<v Speaker 1>It's just a sign of the times. We're seeing the

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<v Speaker 1>convergence of trad fi and crypto folks. And as I've

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<v Speaker 1>been telling you guys, the future of the markets, governments,

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<v Speaker 1>and economies will all run on blockchain rails. Now, speaking

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<v Speaker 1>of stock exchanges, s and p unveils, digital markets, fifty

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<v Speaker 1>index tracking cryptos and blockchain stocks. But wait a minute,

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<v Speaker 1>I thought this was all a scam. It's a ponzi right,

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<v Speaker 1>It's all fake. It's only used for money laundering. That's

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<v Speaker 1>the mentality and the mindset a lot of people out

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<v Speaker 1>there have because they haven't taken the next step to

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<v Speaker 1>research this for themselves. They just read headlines. They don't

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<v Speaker 1>go beyond their political bubble or the narrative bubble and say,

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<v Speaker 1>you know, let me go look at what's happening here,

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<v Speaker 1>let me look at both sides, let me educate myself.

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<v Speaker 1>But clearly the infrastructure is being built out here for

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<v Speaker 1>this market, and as mentioned, you know the convergence of

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<v Speaker 1>tradfi and crypto, so we're seeing a lot of services, infrastructure,

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<v Speaker 1>white glove services, and data and analytics being built out

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<v Speaker 1>that have existed for traditional assets. So this is all

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<v Speaker 1>very bullish. So SMP Global plans to launch a new

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<v Speaker 1>benchmark index that tracks a wide range of digital assets

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<v Speaker 1>and blockchain related companies, signaling growing recognition of the crypto

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<v Speaker 1>sector within traditional finance. The SMP Digital Markets fifty index,

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<v Speaker 1>created in partnership with tokenization company Dinari, includes fifteen cryptocurrencies

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<v Speaker 1>with a market capitalization of at least three hundred million

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<v Speaker 1>dollars and thirty five publicly traded companies in a sector

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<v Speaker 1>with a market cap of at least one hundred million

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<v Speaker 1>dollars SMP announced Tuesday. Constituents have not yet been published,

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<v Speaker 1>but no single component will exceed five percent of the index.

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<v Speaker 1>Some of these sectors' biggest companies include Bitcoin Treasury Company

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<v Speaker 1>Strategy also known as micro Strategy, Crypto Exchange, Coinbase, and

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<v Speaker 1>Bitcoin minor Riot Platforms. Folks, when I see stuff like this,

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<v Speaker 1>I just sit back and I'm like, Okay, I'm getting

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<v Speaker 1>ready not only for this bullmarket, like I've said many times,

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<v Speaker 1>but future bull markets because all of this will usher

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<v Speaker 1>in more capital. There's going to be more building, more

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<v Speaker 1>financial products being built around crypto. And this is before

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<v Speaker 1>we've gotten the Clarity Act passed, before market structure is

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<v Speaker 1>in place, so you imagine what's going to happen post

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<v Speaker 1>market structure being passed into law. Right, So I hope

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<v Speaker 1>you're gonna stick around with me for the ride, because,

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<v Speaker 1>like I said, I don't only want to make money now,

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<v Speaker 1>but for the future markets. And there's more to come

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<v Speaker 1>out of this market, guys. There's more to be built here,

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<v Speaker 1>and it's a global asset class, so a lot of

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<v Speaker 1>capital is going to come in. Here's another example of

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<v Speaker 1>trad FI merging with crypto b and Y Yes, b

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<v Speaker 1>and y Melon. America's OLAS bank explorers tokenize deposits to

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<v Speaker 1>power two point five trillion dollar daily payment network. Of course, there, guys,

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<v Speaker 1>I mean it's incredible. What's happening bny Melon. They launched

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<v Speaker 1>crypto custody already. They are the world's largest custodial bank.

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<v Speaker 1>They have been before crypto so b and why the

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<v Speaker 1>largest custodian bank in the world is exploring tokenized deposits

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<v Speaker 1>to enable clients to transfer funds instantly twenty four to

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<v Speaker 1>seven while easing constraints of its legacy systems. Remember what

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<v Speaker 1>I've been telling you guys for years, We're headed to

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<v Speaker 1>the token economy twenty four to seven, trading three hundred

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<v Speaker 1>and sixty five days, no more opening a closing belt

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<v Speaker 1>that will be a thing of the pass, a relic

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<v Speaker 1>of the past, right of traditional finance. We are going

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<v Speaker 1>to be trading and having truly global markets running on

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<v Speaker 1>the blockchain, verifiable instant settlement, and much more so. Carl

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<v Speaker 1>Slabiki executive platform owner for Treasury Services at B and

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<v Speaker 1>Y told Bloomberg that the project is part of an

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<v Speaker 1>effort to upgrade real time and cross border payments, aiming

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<v Speaker 1>to move a portion of its two point five trillion

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<v Speaker 1>dollars daily payment flow onto blockchain rails. I'm going to

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<v Speaker 1>repeat myself for the million time. The future of the markets, economies,

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<v Speaker 1>and governments will all run on blockchain rails. Book it,

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<v Speaker 1>Learn what the hell is happening here. Pick your horses,

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<v Speaker 1>Look at the blockchain these firms are using, and buy

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<v Speaker 1>the blood on the streets, the fear, and just sit

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<v Speaker 1>back and be patient. Don't try to use leverage, don't

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<v Speaker 1>try to day trade it. Just hold it, hold it

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<v Speaker 1>and that could be holding it over time, years, and

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<v Speaker 1>much more. But you're going to get the best return.

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<v Speaker 1>As poll Tudor Jones said, cryptos the fastest horse in

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<v Speaker 1>the race amongst assets, so compared to gold, stock market,

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<v Speaker 1>real estate, cryptos outperformed all of those asset classes. So

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<v Speaker 1>tokenized deposits can help banks overcome legacy technology constraints, making

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<v Speaker 1>it easier to move deposits and payments across their own

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<v Speaker 1>ecosystems and eventually across the border market as standards mature,

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<v Speaker 1>Slabiki said. Tokenize the are digital coins backed one to

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<v Speaker 1>one by commercial bank money, unlike stable coins, which are

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<v Speaker 1>often backed by securities or third party reserves. Tokenize deposits

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<v Speaker 1>represent direct claims on commercial bank balances. Huge, huge news here, folks,

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<v Speaker 1>big power players getting involved, and it's amazing to see

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<v Speaker 1>the capitulation. All right, final news item here. Life Insured

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<v Speaker 1>Meanwhile raises eighty two million dollars for bitcoin financial products.

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<v Speaker 1>I had interviewed the CEO of MEANWHILE. I think it

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<v Speaker 1>was last year. They're doing some very interesting things. A

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<v Speaker 1>lot of products are services are going to be built

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<v Speaker 1>around bitcoin and all coins as the acid class continues

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<v Speaker 1>to mature, as we have regulation, and you know, with

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<v Speaker 1>Tradify coming in, you know they're going to get creative

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<v Speaker 1>and try to mimic products that exist for traditional assets

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<v Speaker 1>with crypto. So I think we're going to see a

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<v Speaker 1>lot of innovation and creativity guys, especially once the Market

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<v Speaker 1>Structure Bill passes. So Bitcoin Life Insurance Company Meanwhile has

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<v Speaker 1>raised eighty two million dollars in a new funding round

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<v Speaker 1>led by Baine Capital, Crypto and Han Ventures. The company

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<v Speaker 1>regulated by the Bermuda Monetary Authority plans to use the

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<v Speaker 1>funds to meet surging demand for bitcoin denominated retirement and

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<v Speaker 1>inflation proof savings products. According to a Tuesday announcement, MEANWHILE

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<v Speaker 1>offers bitcoin based life insurance, annuities, savings products and insurance

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<v Speaker 1>bonds for individuals and institutions, with all premiums, policy values,

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<v Speaker 1>and claims managed in bitcoin. Very very interesting. So Apollo,

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<v Speaker 1>still Mark and Northwestern Mutual Future Ventures also contributed to

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<v Speaker 1>the funding round. The new funding brings meanwhile's total capital

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<v Speaker 1>rays in twenty twenty five to one hundred and twenty

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<v Speaker 1>two million dollars, adding to its forty million dollars Series

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<v Speaker 1>A from April, led by Framework Ventures and Vulgar Ventures. Man,

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<v Speaker 1>they're grabbing a lot of money here, and I think

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<v Speaker 1>the institutional investors, the vcs and the hedge ones, they

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<v Speaker 1>recognize what's coming, right. I'm sure they're hearing a lot

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<v Speaker 1>of things through the grapevine because, like I said, it

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<v Speaker 1>would tratify coming in. They're going to want all the

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<v Speaker 1>bells and whistles and components that exist in the traditional

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<v Speaker 1>finance world for those assets, right, those respective assets. So

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<v Speaker 1>the early bird here who is able to get the

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<v Speaker 1>headstart and build. These products can do really well. And

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<v Speaker 1>it's a smart move here by these folks. So Zach Townsend,

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<v Speaker 1>who once again i've interviewed CEO meanwhile, told Telegraph that

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<v Speaker 1>having investors from both crypto and traditional finance showed both

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<v Speaker 1>domains see bitcoin as a foundational asset for savings protection

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<v Speaker 1>and intergenerational wealth transfer. Well said, folks, that's the news.

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<v Speaker 1>Let me know what you think. Leave your thoughts and

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<v Speaker 1>comments below, hit the thumbs up button. If you appreciated

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<v Speaker 1>this content, Please be sure to support the podcast by

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<v Speaker 1>It is one hundred percent free. I put out a

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<v Speaker 1>newsletter every week packed with tons of value and data,

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

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

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<v Speaker 1>course that teaches you everything about crypto, So if you'd

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<v Speaker 1>like to learn more, go to Mycrypto course dot com. Folks,

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

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