Speaker 1: Hey, folks, Welcome into the Thinking Crypto Podcasts through Home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward
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Speaker 1: Today we've got a big announcement from the FED. So
Speaker 1: we had an FMC hearing of course, and fedcher Jerome
Speaker 1: Powell came out and said that they are continuing to
Speaker 1: cut rates, and they cut rates by twenty five basis points,
Speaker 1: so rates are now at four percent. But the big
Speaker 1: news he said, the FED will end quantitative tightening QT
Speaker 1: on December first. So from the macro, what have we
Speaker 1: seen since November December twenty twenty one. The FED went
Speaker 1: into quantitative tightening, raising rates, we went into a bear market,
Speaker 1: and then they started pausing rate hikes, and then the
Speaker 1: bullmarket started right and then they started cutting rates. And
Speaker 1: they've been doing liquidity injections, so kind of a pseudo
Speaker 1: or stealth QE along the way, liquidity injections from the
Speaker 1: Treasury and much more so global liquidity has been rising,
Speaker 1: assets have been rising, and the FED has continue to
Speaker 1: cut and now we're at the door of the QT
Speaker 1: ending here, So this is very good. It means that
Speaker 1: we're headed towards a more easy money cycle and it
Speaker 1: will make capital cheaper by the cutting rates. And we
Speaker 1: know that the FIAT system requires that they continue printing. Now.
Speaker 1: It doesn't mean that they're going to start money printing
Speaker 1: in December right as soon as QT ends obviously, right,
Speaker 1: I think that starts. The full on money printing will
Speaker 1: start maybe sometime in twenty twenty six. And usually the
Speaker 1: FED is looking for when something breaks, so whether it's
Speaker 1: the banks or something, they have a narrative, they have
Speaker 1: an excuse to step in and start some sort of
Speaker 1: full on money printing. But like I said, they've been
Speaker 1: doing stealth QE and injecting liquidity in different ways, and
Speaker 1: obviously the other central banks around the world have been
Speaker 1: doing the same thing. That's why global liquidity has been
Speaker 1: a leading indicator for this bull market. And all assets
Speaker 1: are following global liquidity, snocks, crypto, real estate, precious metals
Speaker 1: right all hitting new all time highs. So this all
Speaker 1: modes well for assets in the bull market. Continuing, and
Speaker 1: today we of course saw a ton of volatility. In fact,
Speaker 1: Bitcoin pull back even the stock market as well. And
Speaker 1: it's what I said at the beginning of the week.
Speaker 1: Any week or day there's an announcement from the Fed,
Speaker 1: there's going to be tons of volatility. So we have
Speaker 1: to let the dust settle here. I think next week
Speaker 1: is when we can really judge what's happening with this market.
Speaker 1: But the structure is still in place, folks. Nothing has
Speaker 1: been invalidated for the bull market. And Bitcoin, despite its
Speaker 1: volatility and pullbacks and so forth, is still holding key
Speaker 1: support levels. And you know, we've been sharing multiple data
Speaker 1: points and factors about what whales are doing based on
Speaker 1: on chain data. We continue to see crypto companies doing IPOs.
Speaker 1: We're going to talk a bit about that today. And
Speaker 1: the stock market has been hitting new highs. And look,
Speaker 1: I'm not saying we're gonna pump tomorrow. We could see
Speaker 1: a big pullback later this week or next week, right
Speaker 1: before we bottom out and start moving. So the game
Speaker 1: here is to be patient and to look at the
Speaker 1: market from a macro perspective. I know a lot of
Speaker 1: people are getting frustrated right this bullmarket is a bit different.
Speaker 1: But once you're paying attention to the data and the
Speaker 1: facts and the macro and the on chain data, you
Speaker 1: get to see the full picture. That okay, despite certain
Speaker 1: movements and the chart and so forth being different, and
Speaker 1: the delay being caused by the terrors. Remember I've been
Speaker 1: on record saying since the Terrorff crash of earlier this year,
Speaker 1: this whole timeline has been shifted, and I've been saying
Speaker 1: that this bullmarket can continue into twenty twenty six, into
Speaker 1: Q one, but we have to get more confirmation. But
Speaker 1: it's looking that way, because I gave the example many times,
Speaker 1: bcoin hitting new all time high in August in a
Speaker 1: period where it's generally selling may go away, but that's
Speaker 1: because the timeline shifted with the delays, and you know,
Speaker 1: the Tireff crash and so forth. And then we had
Speaker 1: the recent twiff dump and some manipulation with some bear
Speaker 1: shorting with some inside information. But I digress. Things are
Speaker 1: still on track here. I'm not bearish, I'm not worried.
Speaker 1: I think it's just a matter of patience here because
Speaker 1: the data in the structure is still in place here.
Speaker 1: So folks, this is once again some good news. We
Speaker 1: continue to head to the easy money cycle. Now there
Speaker 1: will be a top of the market. Maybe something blows up.
Speaker 1: We'll have to wait and see. I don't know. I
Speaker 1: don't have a crystal ball. But these factors are signals
Speaker 1: to the markets, and the markets are forward looking, so
Speaker 1: folks know that if you're wrapping up QT at some
Speaker 1: point not too far along, you're going to go back
Speaker 1: to quantitative easing and the money printing, so that will
Speaker 1: drive asset prices higher. Folks. This episode is brought to
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Speaker 1: at this news. This is massive MasterCard eyes zero Hash
Speaker 1: acquisition for nearly two billion dollar bet on stable coins.
Speaker 1: So you know, just this week we reported about Western
Speaker 1: Union launching a stable coin on Solana Visa expanding its
Speaker 1: stable coins to new blockchains. Right, so, all the payment companies,
Speaker 1: all the credit card companies, all the Wall Street firms
Speaker 1: are here building. Whether they're tognizing launching stable coins, launching
Speaker 1: crypto trading, or custody, they're here. And it's amazing to
Speaker 1: see the headlines with these big players getting involved in crypto.
Speaker 1: So MasterCard is in late stage talks to acquire blockchain
Speaker 1: startup zero hash. We're up to two billion dollars. Fortune
Speaker 1: reported stable coins tied to fiat currencies are becoming a
Speaker 1: key focus for global payment flows, with projections suggesting payment
Speaker 1: volumes could reach one trillion by twenty thirty. Zero hash
Speaker 1: specializes in providing stable coin payment infrastructure and raised one
Speaker 1: hundred and four million dollars led by interactive brokers Morgan
Speaker 1: Stanley in September. So, folks, the race is on all
Speaker 1: of these credit card companies and payment companies. They want
Speaker 1: to integrate stable coins because you all know the benefits
Speaker 1: instant settlement, faster, cheaper movement of money, and you have
Speaker 1: the transparency. You don't have the black box wall garden
Speaker 1: where nobody can see what's happening. So it's all in
Speaker 1: the blockchain. And these companies are recognizing they need to
Speaker 1: launch stable coins or integrate stable coins, and they need
Speaker 1: to leverage public blockchains as well. Now, don't get me wrong,
Speaker 1: many of them will use private blockchains internally, but they
Speaker 1: have to bridge to public blockchains. Many of them have
Speaker 1: discovered that they try to bypass the public blockchains by
Speaker 1: creating the private blockchains, and it didn't work, right because
Speaker 1: who the hell would trust the wall garden, Right, it's
Speaker 1: going back to the same centralized problems. But of course
Speaker 1: they would have a new face, right saying, oh, it's
Speaker 1: a blockchain, but no, it's not public. So this is incredible. Guys,
Speaker 1: look at the adoption that's happening. It's you are on
Speaker 1: the right side of history if you have been investing
Speaker 1: in this technology ahead of the masses who are not
Speaker 1: paying attention to people who are not educated, and that
Speaker 1: will pay off well for you if you're patient. So
Speaker 1: you got to be patient. Now. One of the things
Speaker 1: I mentioned earlier is we got companies doing IPOs, and
Speaker 1: no one IPOs in a bear market. Only a fool
Speaker 1: would do that, right, So this is another macro signal
Speaker 1: as to why I don't believe the bullmarket's over. So
Speaker 1: Consensus plans public debut, taps JP Morgan and Goldman Sachs
Speaker 1: to lead the IPO. What a headline. We know Consensus
Speaker 1: they work on Meta Mass and Etheroereum of course, and
Speaker 1: one of the largest crypto companies in the world. Guys,
Speaker 1: And it's just amazing to see these companies saying we're
Speaker 1: ready to go public. And you know, just yesterday I
Speaker 1: talked about Securitized, the tokenization firm, which you know they're
Speaker 1: backed by black Rock. They're going public. So it's just amazing.
Speaker 1: So Consensus, the creator of the Meta mass won it,
Speaker 1: plans to go public with JP Morgan, Chase and Goldman
Speaker 1: Sachs leading its ipo. Axios reported the Ethereum developer also
Speaker 1: backs sharp Link, which this week said it will deploy
Speaker 1: two hundred million dollars into on chain yield strategies on
Speaker 1: linear consensus layer to network. The move follows a wave
Speaker 1: of crypto firms including Circle, Gemini and Bullish going public
Speaker 1: this year amid improving US regulatory clarity. Again, do you
Speaker 1: think they're going public later this year? If the market
Speaker 1: has tough? Put your thinking cap on right? Also crack
Speaker 1: in Exchange, they're on the horizon to go public. And
Speaker 1: I mentioned securitize. So again, if these big banks are
Speaker 1: backing these firms to go public, right, do you think
Speaker 1: these banks are going to say, yeah, let's go public
Speaker 1: as we enter a bear market and the market's about
Speaker 1: to crash. Come on, guys, come on right. So this
Speaker 1: is where you know some of the chart guys who
Speaker 1: are so hyper focused on charts and don't see the
Speaker 1: macro market trends and activities. And in addition to on
Speaker 1: chain data, they're missing a bigger picture. So you can't
Speaker 1: just look at one aspect, Like I can't just look
Speaker 1: at the macro and say, oh, yeah, this is it. No,
Speaker 1: I have to look at the charts and I have
Speaker 1: to look at on chain data. And this is why
Speaker 1: we start off the podcast talking about the FED right
Speaker 1: and their decisions and how that leads to easy money
Speaker 1: and more liquidity because that drives asset prices. So I
Speaker 1: hope you appreciate that I'm giving you the holistic view
Speaker 1: and different points of views. And it's important that you
Speaker 1: not only listen to me, but you do your own
Speaker 1: research and you also listen to other people, right, It's
Speaker 1: important to get different points of views. Don't follow me
Speaker 1: like some cult or something like that, because I'm human
Speaker 1: and I make mistakes. But I try my best to
Speaker 1: point you to the facts and the data, not my emotions,
Speaker 1: not how I'm feeling, and all of that. Right. So, guys,
Speaker 1: huge news that Consensus is planning to do this and
Speaker 1: once again one of the largest companies. This is one
Speaker 1: I would potentially look to invest sin, you know, from
Speaker 1: a stock perspective, but in the bear mark not now.
Speaker 1: I never buy into pumps, guys, because I know there's
Speaker 1: not gonna be much upside and I'm gonna wait for
Speaker 1: all these things to crash down and then buy the
Speaker 1: blood on the streets and wait for the next bull market.
Speaker 1: So that is my strategy. And speaking of securities, you
Speaker 1: know I mentioned they're going to go public. They announced
Speaker 1: today a new partnership would be and Y Global. We're
Speaker 1: talking b and Y the bank here, the largest custodian
Speaker 1: bank in the world and the oldest bank in the
Speaker 1: United States. Starting with the launch of the token ied
Speaker 1: AAA CLO fund that will be seated with one hundred
Speaker 1: million dollars, our seventh fund to exceed that AUM from
Speaker 1: a Grove finance, it looks like here, let me see
Speaker 1: I grow finance part of the sky ecosystem. I've not
Speaker 1: heard of these, but look at what's happening. I mean,
Speaker 1: you got the major banks here. It's just incredible. Guys,
Speaker 1: I'm blown away by this news. The banks here coming in.
Speaker 1: And yet if you look at crypto, Twitter and some
Speaker 1: of the retail folks, they are feeling depressed. They are
Speaker 1: giving up. They're like, this bull market sucks, right. And again,
Speaker 1: you can't get emotional. I understand that you can feel annoyed,
Speaker 1: but you can't let yourself get too emotional. You got
Speaker 1: to check your emotions to the door, and you got
Speaker 1: to make sure you look at the data and all
Speaker 1: the things that are happening here. Guys, and I see
Speaker 1: a lot of bullish things there, despite short term volatility,
Speaker 1: despite short term pullbacks and all that, that's just noise.
Speaker 1: If you look at the macro everything's still on track.
Speaker 1: Now look at this news. Germany's AfD urges government to
Speaker 1: treat bitcoin as a strategic asset. Wow, Germany, I bet
Speaker 1: they wish they didn't sell off all those bitcoins that
Speaker 1: they did. I think was it twenty twenty three or
Speaker 1: twenty twenty four, I can't remember, but man, what a
Speaker 1: dumb move by the government to do that. If they
Speaker 1: had just held onto it, they could have formed a
Speaker 1: massive strategic reserve. So the German parliament is set to
Speaker 1: review a motion urging the government to recognize bitcoin as
Speaker 1: a unique, decentralized digital asset that deserves a strategic approach.
Speaker 1: Germany's main opposition party, Alternative for Germany AfD, has submitted
Speaker 1: an official motion to the national parliament, the Bundestag, if
Speaker 1: I'm saying that right, opposing the overregulation of bitcoin follow
Speaker 1: on Tuesday. The motion argues that bitcoin is fundamentally different
Speaker 1: from other crypto assets and should not fall under the
Speaker 1: europe wide crypto regulatory framework known as Markets in crypto
Speaker 1: assets or MECA. Here is a quote. Overregulation of bitcoin
Speaker 1: service providers and users in the course of national MECA
Speaker 1: implementations jeopardizes Germany's innovative capacity, financial freedom and digital sovereignty.
Speaker 1: The motion states, So, folks, I've said it a long
Speaker 1: time ago. Any country that bans crypto or goes against
Speaker 1: it as writing their economic death sentence because the markets,
Speaker 1: the governments, the economies will all be running on blockchain rails.
Speaker 1: We're seeing the infrastructure being built out. Yes you have
Speaker 1: your laggards, Yes you have your naysayers still hanging around
Speaker 1: here and there, but they're all going to capitulate. And
Speaker 1: Ben de Knee especially that the banks and the big
Speaker 1: traditional players are going all in. And we know those
Speaker 1: firms they lobby politicians, right, this is how it works,
Speaker 1: and they'll get the naysayers and the politicians on board.
Speaker 1: So it's a foregone conclusion. All right, we know where
Speaker 1: this puck is heading. Guys. Look at this Bitgo expands
Speaker 1: institutional custody to Canton Networks native token. Now, if you
Speaker 1: recall I've been beating the drum on Canton network. Watch
Speaker 1: this blockchain. It's backed by a ton of banks and
Speaker 1: Wall Street firms. It's privacy focused, but it's built as
Speaker 1: a public blockchain, and I told you I'm gonna grab
Speaker 1: the token for this one. I interviewed the CEO of
Speaker 1: Digital Asset, that's the name of the company you've all ruse,
Speaker 1: and they're building the Canton Network. So I'm waiting for
Speaker 1: this token to go live and I'll be I'll let
Speaker 1: you guys know if I take up as I should
Speaker 1: say so. Digital asset infrastructure company Bitgo has added support
Speaker 1: for Canton Network or Canton Coin CC that's the ticker
Speaker 1: the native token of the Canton network, in a move
Speaker 1: that could make it easier for US institutions to hold
Speaker 1: the asset through a qualified custodian. The companies announced the
Speaker 1: integration on Wednesday, saying it will give banks and asset
Speaker 1: managers compliant access to a network already processing significant volumes
Speaker 1: of tokenized real world assets. The partnership introduces cold storage,
Speaker 1: custody and insurance backed security, and could pave the way
Speaker 1: for future support of stable coins, token is securities, and
Speaker 1: other on chain financial instruments. Now something to mention. Bitco
Speaker 1: is also another company that is looking to go public.
Speaker 1: So again, anybody going public in the bear market and
Speaker 1: when the market's stopped out, so we still got some
Speaker 1: room to run here, just got to get through the
Speaker 1: volatility in the chop Look at this news. Brazilian solar
Speaker 1: firm to open considers bitcoin mining to obs or surplus power.
Speaker 1: We've talked a lot about it over the years, guys
Speaker 1: that energy companies around the globe will start to mine
Speaker 1: bitcoin to monetize the access and wasted energy, right, and
Speaker 1: that's going to further boost crypto adoption, secured a network
Speaker 1: and much more so. Brazilian solar power producer Thopin is
Speaker 1: exploring a move into bitcoin mining to absorb surplus energy
Speaker 1: generated by the country's fast growing renewable sector. The company's
Speaker 1: CEO to local outlet BN America's Gustavo Ribeiro, who is
Speaker 1: the CEO of Thopin and its majority owner Pontol Energy,
Speaker 1: told BN America is the company is considering expanding into
Speaker 1: bitcoin mining, according to Wednesday report. When asked how Thopin
Speaker 1: plans to address Brazil's energy oversupply, Ribeiro said the company's
Speaker 1: mitigating the issue through diversification. He added that the company
Speaker 1: is also evaluating solutions such as data centers, and bitcoin
Speaker 1: mining near the load to absorb locally generated energy. So
Speaker 1: I think this trend will continue. I think folks are
Speaker 1: going to look to mind bitcoin across the globe again
Speaker 1: to monetize that excess or energy that would be wasted.
Speaker 1: All right, final news item here. Paolo Ardino, CEO of Tether,
Speaker 1: today gave an updated graph showing that Tether is now
Speaker 1: number seventeen as one of the largest holders in US
Speaker 1: debt you know, sense he treasuries, He says, with one
Speaker 1: hundred and thirty five billion of US treasuries, Tether is
Speaker 1: now the seventeenth largest holder of US debt, passing also
Speaker 1: South Korea, and he says soon Brazil. So Brazil is
Speaker 1: right ahead of them. So, guys, we're going to see
Speaker 1: more stable corn companies make this list over time. Now
Speaker 1: will all of them make the list? No, and Tether
Speaker 1: certainly has a large lead, but I think Circle could
Speaker 1: be next. But look, maybe the banks, you know, like
Speaker 1: you're Jay Morgan or City and so forth, they launch
Speaker 1: a stable coin. They've already got a lot of US
Speaker 1: treasuries and things that they're doing with you know, the
Speaker 1: US debt and so forth, and they could back that
Speaker 1: stable cooin, so they could easily pop up on this list.
Speaker 1: But we are in another Breton Woods moment, folks. This
Speaker 1: is pretty incredible stuff. It's mind blowing to see this.
Speaker 1: And I think part of the tariff war and what
Speaker 1: Trump is doing is some of the renegotiating with these
Speaker 1: countries because we're not as reliant or needy of them
Speaker 1: to hold our treasure treasuries. Right So, Japan right now
Speaker 1: is the leader, and then the United Kingdom and then China.
Speaker 1: So China has been on the decline as far as
Speaker 1: the amount of you know, US debt they've been holding.
Speaker 1: So if you understand the whole currency set up and
Speaker 1: the issuing of debt and other countries holding our debt
Speaker 1: and so forth, and how that helps the United States
Speaker 1: and the US dollar, you know, do your research on
Speaker 1: that and you'll figure out why. The moment that we
Speaker 1: live in and what's happening with stable coins and tariffs
Speaker 1: and so forth. It's another Brettonwoods moment, a massive change,
Speaker 1: and it's incredible. It is incredible what's taking place, folks.
Speaker 1: That's the news. Let me know what you think, leave
Speaker 1: your thoughts and comments, bell all hit the thumbs up
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Speaker 1: the description. Check out my book on Amazon it's available
Speaker 1: in paperback and digital, and my course at Mycrypto course
Speaker 1: dot com. Folks, thank you for tuning in. I appreciate
Speaker 1: you all, and I'll talk to you all later