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<v Speaker 1>Hey, folks, Welcome into the Thinking Crypto Podcasts through 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 thumbsup 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.

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<v Speaker 1>Today we've got a big announcement from the FED. So

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<v Speaker 1>we had an FMC hearing of course, and fedcher Jerome

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<v Speaker 1>Powell came out and said that they are continuing to

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<v Speaker 1>cut rates, and they cut rates by twenty five basis points,

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<v Speaker 1>so rates are now at four percent. But the big

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<v Speaker 1>news he said, the FED will end quantitative tightening QT

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<v Speaker 1>on December first. So from the macro, what have we

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<v Speaker 1>seen since November December twenty twenty one. The FED went

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<v Speaker 1>into quantitative tightening, raising rates, we went into a bear market,

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<v Speaker 1>and then they started pausing rate hikes, and then the

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<v Speaker 1>bullmarket started right and then they started cutting rates. And

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<v Speaker 1>they've been doing liquidity injections, so kind of a pseudo

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<v Speaker 1>or stealth QE along the way, liquidity injections from the

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<v Speaker 1>Treasury and much more so global liquidity has been rising,

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<v Speaker 1>assets have been rising, and the FED has continue to

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<v Speaker 1>cut and now we're at the door of the QT

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<v Speaker 1>ending here, So this is very good. It means that

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<v Speaker 1>we're headed towards a more easy money cycle and it

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<v Speaker 1>will make capital cheaper by the cutting rates. And we

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<v Speaker 1>know that the FIAT system requires that they continue printing. Now.

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<v Speaker 1>It doesn't mean that they're going to start money printing

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<v Speaker 1>in December right as soon as QT ends obviously, right,

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<v Speaker 1>I think that starts. The full on money printing will

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<v Speaker 1>start maybe sometime in twenty twenty six. And usually the

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<v Speaker 1>FED is looking for when something breaks, so whether it's

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<v Speaker 1>the banks or something, they have a narrative, they have

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<v Speaker 1>an excuse to step in and start some sort of

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<v Speaker 1>full on money printing. But like I said, they've been

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<v Speaker 1>doing stealth QE and injecting liquidity in different ways, and

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<v Speaker 1>obviously the other central banks around the world have been

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<v Speaker 1>doing the same thing. That's why global liquidity has been

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<v Speaker 1>a leading indicator for this bull market. And all assets

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<v Speaker 1>are following global liquidity, snocks, crypto, real estate, precious metals

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<v Speaker 1>right all hitting new all time highs. So this all

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<v Speaker 1>modes well for assets in the bull market. Continuing, and

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<v Speaker 1>today we of course saw a ton of volatility. In fact,

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<v Speaker 1>Bitcoin pull back even the stock market as well. And

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<v Speaker 1>it's what I said at the beginning of the week.

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<v Speaker 1>Any week or day there's an announcement from the Fed,

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<v Speaker 1>there's going to be tons of volatility. So we have

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<v Speaker 1>to let the dust settle here. I think next week

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<v Speaker 1>is when we can really judge what's happening with this market.

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<v Speaker 1>But the structure is still in place, folks. Nothing has

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<v Speaker 1>been invalidated for the bull market. And Bitcoin, despite its

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<v Speaker 1>volatility and pullbacks and so forth, is still holding key

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<v Speaker 1>support levels. And you know, we've been sharing multiple data

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<v Speaker 1>points and factors about what whales are doing based on

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<v Speaker 1>on chain data. We continue to see crypto companies doing IPOs.

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<v Speaker 1>We're going to talk a bit about that today. And

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<v Speaker 1>the stock market has been hitting new highs. And look,

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<v Speaker 1>I'm not saying we're gonna pump tomorrow. We could see

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<v Speaker 1>a big pullback later this week or next week, right

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<v Speaker 1>before we bottom out and start moving. So the game

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<v Speaker 1>here is to be patient and to look at the

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<v Speaker 1>market from a macro perspective. I know a lot of

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<v Speaker 1>people are getting frustrated right this bullmarket is a bit different.

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<v Speaker 1>But once you're paying attention to the data and the

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<v Speaker 1>facts and the macro and the on chain data, you

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<v Speaker 1>get to see the full picture. That okay, despite certain

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<v Speaker 1>movements and the chart and so forth being different, and

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<v Speaker 1>the delay being caused by the terrors. Remember I've been

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<v Speaker 1>on record saying since the Terrorff crash of earlier this year,

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<v Speaker 1>this whole timeline has been shifted, and I've been saying

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<v Speaker 1>that this bullmarket can continue into twenty twenty six, into

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<v Speaker 1>Q one, but we have to get more confirmation. But

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<v Speaker 1>it's looking that way, because I gave the example many times,

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<v Speaker 1>bcoin hitting new all time high in August in a

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<v Speaker 1>period where it's generally selling may go away, but that's

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<v Speaker 1>because the timeline shifted with the delays, and you know,

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<v Speaker 1>the Tireff crash and so forth. And then we had

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<v Speaker 1>the recent twiff dump and some manipulation with some bear

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<v Speaker 1>shorting with some inside information. But I digress. Things are

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<v Speaker 1>still on track here. I'm not bearish, I'm not worried.

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<v Speaker 1>I think it's just a matter of patience here because

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<v Speaker 1>the data in the structure is still in place here.

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<v Speaker 1>So folks, this is once again some good news. We

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<v Speaker 1>continue to head to the easy money cycle. Now there

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<v Speaker 1>will be a top of the market. Maybe something blows up.

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<v Speaker 1>We'll have to wait and see. I don't know. I

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<v Speaker 1>don't have a crystal ball. But these factors are signals

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<v Speaker 1>to the markets, and the markets are forward looking, so

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<v Speaker 1>folks know that if you're wrapping up QT at some

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<v Speaker 1>point not too far along, you're going to go back

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<v Speaker 1>to quantitative easing and the money printing, so that will

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<v Speaker 1>drive asset prices higher. Folks. This episode is brought to

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<v Speaker 1>you by Treasure. Treasure makes beautiful hardware wallets that make

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<v Speaker 1>it easy for you to safely self custody your crypto assets.

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<v Speaker 1>Many of you know, I'm a big believer in self

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<v Speaker 1>custody folks that have been for years. I believe this

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<v Speaker 1>is the safest way to custody your assets. And Treasure

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<v Speaker 1>they were the pioneers of hardware wallets. They started this

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<v Speaker 1>back in twenty thirteen. They created the hardware walts and

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<v Speaker 1>the seed phrase setup and much more. And I'm a

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<v Speaker 1>user personally of the Treasure Safe five and I recently

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<v Speaker 1>got the new Treasure Safe seven. This was the device

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<v Speaker 1>they launched just last week, which is amazing. It has

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<v Speaker 1>some really cool features. It's quantum proof, it's waterproof, has

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<v Speaker 1>a brand new chip and great design, new touchscreen and everything.

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<v Speaker 1>It's pretty amazing. So Treasure supports all the top crypto acids,

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<v Speaker 1>Bitcoiny Theorem, Salona, XRP, Cardano, and many others, including new

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<v Speaker 1>tokens like black Rocks, Biddled, And they have a software

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<v Speaker 1>called Treasure Suite which allows you to easily manage this

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<v Speaker 1>and you can buy and sell within that software. And

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<v Speaker 1>they also have a handholding service, so if you want

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<v Speaker 1>to speak to a Treasure rep to help you get

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<v Speaker 1>your device set up, you can speak to someone that's

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<v Speaker 1>i mean groundbreaking. You don't get that type of support

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<v Speaker 1>from any many crypto companies in this industry. But you

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<v Speaker 1>don't have to worry. They don't ask you for your

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<v Speaker 1>seed phrase. So I know that's a big concern people,

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<v Speaker 1>are they going to take my seedhrase out? They don't

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<v Speaker 1>ask for that, and you should never give that to anybody,

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<v Speaker 1>of course. So again Treasure, I'm a user and they

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<v Speaker 1>just launched the Save seven device. Now you can use

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<v Speaker 1>my code thinking crypto all one word thinking crypto to

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<v Speaker 1>get five percent off. Just note that that discount is

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<v Speaker 1>not available on the Treasure Safe seven, but it is

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<v Speaker 1>available on the other products like the Save five and

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<v Speaker 1>the other things. So check out Treasure Guys, beautiful hardware

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<v Speaker 1>wallets and the safest way in my opinion, to custody

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<v Speaker 1>your assets. Link will be in the description. Folks, look

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<v Speaker 1>at this news. This is massive MasterCard eyes zero Hash

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<v Speaker 1>acquisition for nearly two billion dollar bet on stable coins.

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<v Speaker 1>So you know, just this week we reported about Western

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<v Speaker 1>Union launching a stable coin on Solana Visa expanding its

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<v Speaker 1>stable coins to new blockchains. Right, so, all the payment companies,

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<v Speaker 1>all the credit card companies, all the Wall Street firms

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<v Speaker 1>are here building. Whether they're tognizing launching stable coins, launching

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<v Speaker 1>crypto trading, or custody, they're here. And it's amazing to

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<v Speaker 1>see the headlines with these big players getting involved in crypto.

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<v Speaker 1>So MasterCard is in late stage talks to acquire blockchain

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<v Speaker 1>startup zero hash. We're up to two billion dollars. Fortune

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<v Speaker 1>reported stable coins tied to fiat currencies are becoming a

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<v Speaker 1>key focus for global payment flows, with projections suggesting payment

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<v Speaker 1>volumes could reach one trillion by twenty thirty. Zero hash

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<v Speaker 1>specializes in providing stable coin payment infrastructure and raised one

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<v Speaker 1>hundred and four million dollars led by interactive brokers Morgan

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<v Speaker 1>Stanley in September. So, folks, the race is on all

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<v Speaker 1>of these credit card companies and payment companies. They want

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<v Speaker 1>to integrate stable coins because you all know the benefits

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<v Speaker 1>instant settlement, faster, cheaper movement of money, and you have

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<v Speaker 1>the transparency. You don't have the black box wall garden

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<v Speaker 1>where nobody can see what's happening. So it's all in

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<v Speaker 1>the blockchain. And these companies are recognizing they need to

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<v Speaker 1>launch stable coins or integrate stable coins, and they need

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<v Speaker 1>to leverage public blockchains as well. Now, don't get me wrong,

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<v Speaker 1>many of them will use private blockchains internally, but they

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<v Speaker 1>have to bridge to public blockchains. Many of them have

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<v Speaker 1>discovered that they try to bypass the public blockchains by

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<v Speaker 1>creating the private blockchains, and it didn't work, right because

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<v Speaker 1>who the hell would trust the wall garden, Right, it's

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<v Speaker 1>going back to the same centralized problems. But of course

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<v Speaker 1>they would have a new face, right saying, oh, it's

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<v Speaker 1>a blockchain, but no, it's not public. So this is incredible. Guys,

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<v Speaker 1>look at the adoption that's happening. It's you are on

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<v Speaker 1>the right side of history if you have been investing

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<v Speaker 1>in this technology ahead of the masses who are not

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<v Speaker 1>paying attention to people who are not educated, and that

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<v Speaker 1>will pay off well for you if you're patient. So

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<v Speaker 1>you got to be patient. Now. One of the things

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<v Speaker 1>I mentioned earlier is we got companies doing IPOs, and

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<v Speaker 1>no one IPOs in a bear market. Only a fool

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<v Speaker 1>would do that, right, So this is another macro signal

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<v Speaker 1>as to why I don't believe the bullmarket's over. So

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<v Speaker 1>Consensus plans public debut, taps JP Morgan and Goldman Sachs

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<v Speaker 1>to lead the IPO. What a headline. We know Consensus

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<v Speaker 1>they work on Meta Mass and Etheroereum of course, and

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<v Speaker 1>one of the largest crypto companies in the world. Guys,

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<v Speaker 1>And it's just amazing to see these companies saying we're

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<v Speaker 1>ready to go public. And you know, just yesterday I

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<v Speaker 1>talked about Securitized, the tokenization firm, which you know they're

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<v Speaker 1>backed by black Rock. They're going public. So it's just amazing.

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<v Speaker 1>So Consensus, the creator of the Meta mass won it,

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<v Speaker 1>plans to go public with JP Morgan, Chase and Goldman

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<v Speaker 1>Sachs leading its ipo. Axios reported the Ethereum developer also

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<v Speaker 1>backs sharp Link, which this week said it will deploy

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<v Speaker 1>two hundred million dollars into on chain yield strategies on

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<v Speaker 1>linear consensus layer to network. The move follows a wave

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<v Speaker 1>of crypto firms including Circle, Gemini and Bullish going public

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<v Speaker 1>this year amid improving US regulatory clarity. Again, do you

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<v Speaker 1>think they're going public later this year? If the market

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<v Speaker 1>has tough? Put your thinking cap on right? Also crack

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<v Speaker 1>in Exchange, they're on the horizon to go public. And

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<v Speaker 1>I mentioned securitize. So again, if these big banks are

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<v Speaker 1>backing these firms to go public, right, do you think

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<v Speaker 1>these banks are going to say, yeah, let's go public

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<v Speaker 1>as we enter a bear market and the market's about

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<v Speaker 1>to crash. Come on, guys, come on right. So this

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<v Speaker 1>is where you know some of the chart guys who

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<v Speaker 1>are so hyper focused on charts and don't see the

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<v Speaker 1>macro market trends and activities. And in addition to on

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<v Speaker 1>chain data, they're missing a bigger picture. So you can't

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<v Speaker 1>just look at one aspect, Like I can't just look

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<v Speaker 1>at the macro and say, oh, yeah, this is it. No,

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<v Speaker 1>I have to look at the charts and I have

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<v Speaker 1>to look at on chain data. And this is why

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<v Speaker 1>we start off the podcast talking about the FED right

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<v Speaker 1>and their decisions and how that leads to easy money

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<v Speaker 1>and more liquidity because that drives asset prices. So I

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<v Speaker 1>hope you appreciate that I'm giving you the holistic view

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<v Speaker 1>and different points of views. And it's important that you

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<v Speaker 1>not only listen to me, but you do your own

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<v Speaker 1>research and you also listen to other people, right, It's

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<v Speaker 1>important to get different points of views. Don't follow me

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<v Speaker 1>like some cult or something like that, because I'm human

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<v Speaker 1>and I make mistakes. But I try my best to

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<v Speaker 1>point you to the facts and the data, not my emotions,

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<v Speaker 1>not how I'm feeling, and all of that. Right. So, guys,

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<v Speaker 1>huge news that Consensus is planning to do this and

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<v Speaker 1>once again one of the largest companies. This is one

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<v Speaker 1>I would potentially look to invest sin, you know, from

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<v Speaker 1>a stock perspective, but in the bear mark not now.

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<v Speaker 1>I never buy into pumps, guys, because I know there's

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<v Speaker 1>not gonna be much upside and I'm gonna wait for

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<v Speaker 1>all these things to crash down and then buy the

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<v Speaker 1>blood on the streets and wait for the next bull market.

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<v Speaker 1>So that is my strategy. And speaking of securities, you

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<v Speaker 1>know I mentioned they're going to go public. They announced

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<v Speaker 1>today a new partnership would be and Y Global. We're

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<v Speaker 1>talking b and Y the bank here, the largest custodian

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<v Speaker 1>bank in the world and the oldest bank in the

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<v Speaker 1>United States. Starting with the launch of the token ied

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<v Speaker 1>AAA CLO fund that will be seated with one hundred

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<v Speaker 1>million dollars, our seventh fund to exceed that AUM from

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<v Speaker 1>a Grove finance, it looks like here, let me see

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<v Speaker 1>I grow finance part of the sky ecosystem. I've not

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<v Speaker 1>heard of these, but look at what's happening. I mean,

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<v Speaker 1>you got the major banks here. It's just incredible. Guys,

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<v Speaker 1>I'm blown away by this news. The banks here coming in.

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<v Speaker 1>And yet if you look at crypto, Twitter and some

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<v Speaker 1>of the retail folks, they are feeling depressed. They are

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<v Speaker 1>giving up. They're like, this bull market sucks, right. And again,

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<v Speaker 1>you can't get emotional. I understand that you can feel annoyed,

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<v Speaker 1>but you can't let yourself get too emotional. You got

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<v Speaker 1>to check your emotions to the door, and you got

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<v Speaker 1>to make sure you look at the data and all

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<v Speaker 1>the things that are happening here. Guys, and I see

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<v Speaker 1>a lot of bullish things there, despite short term volatility,

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<v Speaker 1>despite short term pullbacks and all that, that's just noise.

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<v Speaker 1>If you look at the macro everything's still on track.

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<v Speaker 1>Now look at this news. Germany's AfD urges government to

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<v Speaker 1>treat bitcoin as a strategic asset. Wow, Germany, I bet

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<v Speaker 1>they wish they didn't sell off all those bitcoins that

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<v Speaker 1>they did. I think was it twenty twenty three or

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<v Speaker 1>twenty twenty four, I can't remember, but man, what a

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<v Speaker 1>dumb move by the government to do that. If they

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<v Speaker 1>had just held onto it, they could have formed a

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<v Speaker 1>massive strategic reserve. So the German parliament is set to

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<v Speaker 1>review a motion urging the government to recognize bitcoin as

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<v Speaker 1>a unique, decentralized digital asset that deserves a strategic approach.

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<v Speaker 1>Germany's main opposition party, Alternative for Germany AfD, has submitted

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<v Speaker 1>an official motion to the national parliament, the Bundestag, if

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<v Speaker 1>I'm saying that right, opposing the overregulation of bitcoin follow

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<v Speaker 1>on Tuesday. The motion argues that bitcoin is fundamentally different

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<v Speaker 1>from other crypto assets and should not fall under the

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<v Speaker 1>europe wide crypto regulatory framework known as Markets in crypto

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<v Speaker 1>assets or MECA. Here is a quote. Overregulation of bitcoin

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<v Speaker 1>service providers and users in the course of national MECA

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<v Speaker 1>implementations jeopardizes Germany's innovative capacity, financial freedom and digital sovereignty.

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<v Speaker 1>The motion states, So, folks, I've said it a long

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<v Speaker 1>time ago. Any country that bans crypto or goes against

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<v Speaker 1>it as writing their economic death sentence because the markets,

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<v Speaker 1>the governments, the economies will all be running on blockchain rails.

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<v Speaker 1>We're seeing the infrastructure being built out. Yes you have

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<v Speaker 1>your laggards, Yes you have your naysayers still hanging around

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<v Speaker 1>here and there, but they're all going to capitulate. And

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<v Speaker 1>Ben de Knee especially that the banks and the big

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<v Speaker 1>traditional players are going all in. And we know those

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<v Speaker 1>firms they lobby politicians, right, this is how it works,

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<v Speaker 1>and they'll get the naysayers and the politicians on board.

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<v Speaker 1>So it's a foregone conclusion. All right, we know where

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<v Speaker 1>this puck is heading. Guys. Look at this Bitgo expands

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<v Speaker 1>institutional custody to Canton Networks native token. Now, if you

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<v Speaker 1>recall I've been beating the drum on Canton network. Watch

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<v Speaker 1>this blockchain. It's backed by a ton of banks and

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<v Speaker 1>Wall Street firms. It's privacy focused, but it's built as

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<v Speaker 1>a public blockchain, and I told you I'm gonna grab

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<v Speaker 1>the token for this one. I interviewed the CEO of

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<v Speaker 1>Digital Asset, that's the name of the company you've all ruse,

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<v Speaker 1>and they're building the Canton Network. So I'm waiting for

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<v Speaker 1>this token to go live and I'll be I'll let

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<v Speaker 1>you guys know if I take up as I should

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<v Speaker 1>say so. Digital asset infrastructure company Bitgo has added support

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<v Speaker 1>for Canton Network or Canton Coin CC that's the ticker

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<v Speaker 1>the native token of the Canton network, in a move

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<v Speaker 1>that could make it easier for US institutions to hold

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<v Speaker 1>the asset through a qualified custodian. The companies announced the

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<v Speaker 1>integration on Wednesday, saying it will give banks and asset

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<v Speaker 1>managers compliant access to a network already processing significant volumes

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<v Speaker 1>of tokenized real world assets. The partnership introduces cold storage,

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<v Speaker 1>custody and insurance backed security, and could pave the way

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<v Speaker 1>for future support of stable coins, token is securities, and

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<v Speaker 1>other on chain financial instruments. Now something to mention. Bitco

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<v Speaker 1>is also another company that is looking to go public.

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<v Speaker 1>So again, anybody going public in the bear market and

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<v Speaker 1>when the market's stopped out, so we still got some

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<v Speaker 1>room to run here, just got to get through the

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<v Speaker 1>volatility in the chop Look at this news. Brazilian solar

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<v Speaker 1>firm to open considers bitcoin mining to obs or surplus power.

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<v Speaker 1>We've talked a lot about it over the years, guys

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<v Speaker 1>that energy companies around the globe will start to mine

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<v Speaker 1>bitcoin to monetize the access and wasted energy, right, and

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<v Speaker 1>that's going to further boost crypto adoption, secured a network

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<v Speaker 1>and much more so. Brazilian solar power producer Thopin is

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<v Speaker 1>exploring a move into bitcoin mining to absorb surplus energy

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<v Speaker 1>generated by the country's fast growing renewable sector. The company's

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<v Speaker 1>CEO to local outlet BN America's Gustavo Ribeiro, who is

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<v Speaker 1>the CEO of Thopin and its majority owner Pontol Energy,

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<v Speaker 1>told BN America is the company is considering expanding into

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<v Speaker 1>bitcoin mining, according to Wednesday report. When asked how Thopin

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<v Speaker 1>plans to address Brazil's energy oversupply, Ribeiro said the company's

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<v Speaker 1>mitigating the issue through diversification. He added that the company

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<v Speaker 1>is also evaluating solutions such as data centers, and bitcoin

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<v Speaker 1>mining near the load to absorb locally generated energy. So

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<v Speaker 1>I think this trend will continue. I think folks are

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<v Speaker 1>going to look to mind bitcoin across the globe again

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<v Speaker 1>to monetize that excess or energy that would be wasted.

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<v Speaker 1>All right, final news item here. Paolo Ardino, CEO of Tether,

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<v Speaker 1>today gave an updated graph showing that Tether is now

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<v Speaker 1>number seventeen as one of the largest holders in US

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<v Speaker 1>debt you know, sense he treasuries, He says, with one

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<v Speaker 1>hundred and thirty five billion of US treasuries, Tether is

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<v Speaker 1>now the seventeenth largest holder of US debt, passing also

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<v Speaker 1>South Korea, and he says soon Brazil. So Brazil is

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<v Speaker 1>right ahead of them. So, guys, we're going to see

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<v Speaker 1>more stable corn companies make this list over time. Now

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<v Speaker 1>will all of them make the list? No, and Tether

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<v Speaker 1>certainly has a large lead, but I think Circle could

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<v Speaker 1>be next. But look, maybe the banks, you know, like

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<v Speaker 1>you're Jay Morgan or City and so forth, they launch

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<v Speaker 1>a stable coin. They've already got a lot of US

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<v Speaker 1>treasuries and things that they're doing with you know, the

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<v Speaker 1>US debt and so forth, and they could back that

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<v Speaker 1>stable cooin, so they could easily pop up on this list.

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<v Speaker 1>But we are in another Breton Woods moment, folks. This

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<v Speaker 1>is pretty incredible stuff. It's mind blowing to see this.

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<v Speaker 1>And I think part of the tariff war and what

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<v Speaker 1>Trump is doing is some of the renegotiating with these

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<v Speaker 1>countries because we're not as reliant or needy of them

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<v Speaker 1>to hold our treasure treasuries. Right So, Japan right now

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<v Speaker 1>is the leader, and then the United Kingdom and then China.

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<v Speaker 1>So China has been on the decline as far as

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<v Speaker 1>the amount of you know, US debt they've been holding.

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<v Speaker 1>So if you understand the whole currency set up and

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<v Speaker 1>the issuing of debt and other countries holding our debt

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<v Speaker 1>and so forth, and how that helps the United States

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<v Speaker 1>and the US dollar, you know, do your research on

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<v Speaker 1>that and you'll figure out why. The moment that we

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<v Speaker 1>live in and what's happening with stable coins and tariffs

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<v Speaker 1>and so forth. It's another Brettonwoods moment, a massive change,

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<v Speaker 1>and it's incredible. It is incredible what's taking place, folks.

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<v Speaker 1>That's the news. Let me know what you think, leave

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<v Speaker 1>your thoughts and comments, bell all hit the thumbs up

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<v Speaker 1>button if you appreciated this content, please support it the

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

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<v Speaker 1>one hundred percent free on substack. Link would be in

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<v Speaker 1>the description. Check out my book on Amazon it's available

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<v Speaker 1>in paperback and digital, and my course at Mycrypto course

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<v Speaker 1>dot com. Folks, thank you for tuning in. I appreciate

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