A LEGENDARY TRADER SIGNALS XRP IS ABOUT TO PUMP!

Episode Transcript
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Speaker 1 (00:00):
Are we about to see all coins go in a
big run? One legendary trader is looking at the XRP
chart and some other all coins that they are set
up to do a big move, and Visa is doing
some big things with stable coins. I'll give you the details.
Let's get into it. Hey, everybody, welcome into the Thinking

(00:24):
Crypto podcast. You're home for cryptocurrency news and interviews. I'm
your host, Tony Edward. On your way in. Please sit
that subscribe button as well as the thumbs up button
and leave a comment. Blow If you're listening on a
podcast platform such as Spotify or Apple, please leave a
five star rating and review folks. Happy Thanksgiving to all
my reviewers and listeners in the United States.

Speaker 2 (00:45):
I hope you all had a great day.

Speaker 1 (00:47):
I certainly ate a lot and I have to hit
the gym tomorrow, but it was definitely a great day,
a great day to be thankful.

Speaker 2 (00:54):
We have a lot to be thankful for, and we're
going to look at the.

Speaker 1 (00:58):
Market today, and you look at it from an optimistic standpoint,
because we know from a macro perspective, markets keep going
up as long as central banks keep printing money. So
let's take a look at the price of bitcoin. It
is currently above ninety one thousand dollars, so we're seeing
some strength here, and some analysts are saying bitcoin could
rally up to about one hundred and five thousand dollars

(01:19):
or a little bit higher before rolling over. Now that's
one scenario we've talked about, a deadcat bounce or relief rally,
which you know, bitcoin has been oversold, so the natural
direction is going the opposite way, right going up, So
let's see where bitcoin goes. Some analysts are backtracking their
price predictions, like Tom Lee says, no more two hundred

(01:41):
and fifty thousand dollars bitcoin by the end of the year,
and no all time high. So I think a lot
of people are just looking at this as bitcoin doesn't
have enough time to get back to one hundred thousand dollars,
let alone all time highs. So Tom Lee says, I
think it's still very likely that bitcoin is going above
one hundred thousand and those before year end, and maybe

(02:02):
even to a new high. But he's putting a less
of a probability on a new all time high. And
you know, one of the things we've been talking about, guys,
is that this cycle is different because you have the tariffs.
The tariffs with the big curveball, and that was introduced
earlier this year caused a massive market crash and it
has pushed back the timeline. So one of the things
I was sharing to you with you guys all summer

(02:23):
was that this market could roll into Q one twenty
twenty six, and it looks like it's going to do that.
But you know, we're talking probabilities here, right. I don't
have a crystal ball. So one scenario is we see
Bitcoin do a dead cat bounce, doesn't go to new
old time highs, rolls over and goes into a bear market.
Or the other scenario is it continues to chop and
move sideways and then starts breaking out in Q one.

(02:47):
But we're going to have to wait and see. However,
if bitcoin did indeed top out, you know, at one
hundred and twenty five thousand dollars or so, where is
the all season that we normally see and could that
be around the corner. And one legendary trader, Peter Brand
and many of you may know him, he's been trading
commodities since the seventies. I had interviewed him on the

(03:08):
podcast last year, he's tweeted out a kind of a
cryptic tweak. By the way, he says, hey, crypto traders,
do not despair. Here are two coins I could do
quite well in the months to come. Now he says months, right,
So this leads us into Q one of twenty twenty six. Now,
the games he was playing here, he showed the charts,
but he did not show the names. However, if you

(03:30):
look at the charts, they certainly look like XRPS chart
right if you mirror it up there, it certainly looks
like XRPIECE chart. And then you have another chart here.
Some people are saying it's bitcoin cash. But the point
is if these coins are gonna move, then you know,
all coins overall are going to move right and right

(03:50):
now total three which excludes bitcoiny, threem and stable coins.
It's been suffering. It's taken the beating, just like Bitcoin.
But you know, could bigcoins continual move eventually have the
liquidity flow back down to alts right as Bitcoin hits
the over bot zone right now, is just climbing out
of the over sol zone. So that's where the case

(04:12):
is that these coins could still run. And if you
zoom out a look at the macro. The stock market
is still showing some strength despite it being down. You
have the Fed ending quantitative tightening on Monday, December first,
so that's just next week, and you're going to see
more liquidity come in. You got ray cuts expected, so

(04:32):
capital will get cheaper. People can then raise capital to
invest in the markets. You got the market structure, build
a big narrative still out there with that possibly getting
passed in Q one. And then Trump has been teasing
that two thousand dollars tariff stimulus check. Now I don't
know if that's going to happen, but the point is
you have these different factors that are lining up here.

(04:55):
And keep in mind the last time the market top,
that was the FED heading into quant tative tightening, right,
tightening the balance sheet and they were starting to raise rates,
and then that rolled us. That was November December twenty
twenty one. Then we rolled into the bear market of
twenty twenty two.

Speaker 2 (05:12):
So where the opposite is happening now.

Speaker 1 (05:15):
So this is why the macro again I'm thinking, is
a bullish setup.

Speaker 2 (05:21):
Now that doesn't mean.

Speaker 1 (05:22):
This bullmarket will continue forever. It could be the top
happens in twenty twenty six. Maybe the middle, right, I
don't know when FED chair Jerome Powell is done and
Trump brings in his own chair and who does his
bidding for the most part, and they started cutting rates
aggressively and much more, you know, something along those lines.
We're gonna have to wait and see. But I think

(05:45):
there's a setup here. The charts are showing something bullish
for certain all coins. You got the macro factors, and
I don't think this bull market's over now. I could
be wrong, guys, right, I'm just sharing the scenarios here,
and I think the higher abilities on the bull side
because if you just look at Bitcoin and one analyst
you know, highlighted bitcoins set up here, it's still higher

(06:08):
highs and higher lows.

Speaker 2 (06:10):
Right.

Speaker 1 (06:10):
As far as what Bitcoin pulled back to, it's still
a higher low. So we're going to have to be
patient and wait and see how things play out. Now.
One thing that's interesting for XRP. Binance's XRP reserves have
fallen to about two point seven billion, one of the
lowest ever, as steady outflows show investors pulling tokens off

(06:33):
the exchange. Now, historically this has been very bullish we
have seen that when people are buying and moving coins
off chain, that is very good because that means there's
less cell pressure. Right, they are buying and moving it
off chain to cold storage or whatever it may be,
So this is a good sign. The same thing is

(06:53):
actually happening for bitcoin right now, so let's see maybe
there's a big accumulation happening.

Speaker 2 (06:58):
You know.

Speaker 1 (06:58):
One of the things I've been highlight is that ETF
inflows have been up. Blackrock Bitcoin ETF specifically has been
buying now right. They were in a period of outflows
with the big crash that we had in October, but
now that's flipped two inflows. So again, these are all facts,
not feelings or emotions. And these things have been signals

(07:19):
in the past showing that there's another rally coming. But
we're gonna have to be patient and let it play out.
I know it's rough, I know it's painful. I know
this cycle has been a really crazy one, right, And
like I said, the tariffs were the big curveball, because guys,
look at what happened leading up into twenty twenty four

(07:39):
and Q four with the election. We were on track.
Everything was good, right, and then man beginning in twenty
twenty five was brutal. Now, something else that was different
was in twenty twenty four with the bitcoin having. Bitcoin
hit a new all time high before the having and
that was due to the ETF one, so that was different.

(08:00):
It kind of put us ahead of schedule. But then
the tirep situation set us back right, So it's been
kind of wild. But this is investing guys. You know,
the markets don't do what we want necessarily, but if
we continue to follow the data and stick to the
foundational principles, we can navigate our way. And you know,
if you bought like me in the bloody bear market,

(08:22):
your portfolio is still up even though things are down
right now in the short term, so it's all about
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(09:49):
if you'd like to learn more about Propy, you go
to property dot com link will be in the description. Now, folks,
something you should know about. There is a malicious Chrome
extension called crypto Copilot, which is letting users trade Solana
from x while secretly skimming sol the sole token from
every swap. So this is really bad, guys. So I
don't know if any of you are using it. It's

(10:10):
called once again crypto Copilot. It's a Chrome extension and
they're skimming your transactions. So if you've been using this,
I suggest you get rid of it right away. According
to its Tuesday report by cybersecurity companies Socket, the Google
Chrome extension allows users to trade on Solana from their
ex social media feed. Unlike typical wallet draining malware that

(10:33):
tries to steal the entire balance, crypto Copolt injects an
extra transfer into every Solana swap, siphoning a minimum of
zero points zero zero one three soul or zero point
zero five percent of the trade Socket found on the
back end, the crypto Copilot uses the decentralized exchange Radium
to perform swaps for the user, but appends a second

(10:55):
instruction that transfers Sole from the user to the attacker.
Use your interface only shows the swap details, while wallet
confirmation screens summarize the transaction without surfacing individual instructions. So
once again, guys, if you're using this, deleted asap, and
you got to be careful with these things out there

(11:16):
because they're still bad actors trying to take advantage of people.
And look, this happens in the non crypto world. We
know it happens in the tech world and much more
so you got to be very vigilant.

Speaker 2 (11:28):
Don't trust verify.

Speaker 1 (11:30):
Now, Visa doubles down on stable coins in Europe, Middle
East Africa with new partnership. Guys, we are seeing these
big credit card companies Visa, MasterCard and others going all
in on crypto. They're using stable coins, they're using blockchain technology.
It's amazing how things have changed. So the new partnership
is with crypto infrastructure company aqua Now. In an announcement Thursday,

(11:53):
Visa said it partnered with aqua Now to settle transactions
using approved stable coins such as USDC, reducing costs, operational friction,
and settlement times. The company said the move came amid
strong demand from banks and payment companies for faster, cheaper
cross border payments. So the move aims to leverage stable

(12:13):
coins to digitize the back end of money movement and
to enable twenty four to seven settlement. God Free Sullivant,
Visa's head of Product and Solutions for the Semia region,
said the integration will allow institutions in the region to
experience faster and simpler settlements.

Speaker 2 (12:31):
Here's a quote.

Speaker 1 (12:32):
Our partnership with Aqua now is another key step in
modernizing the back end rails of payments, reducing reliance on
traditional systems like multiple intermediaries, and preparing institutions for the
future of money movement. Incredible, guys, this is what blockchain
technology offers. And if you still don't understand why crypto,

(12:53):
why blockchain?

Speaker 2 (12:54):
Here you go.

Speaker 1 (12:54):
It allows for instant settlement twenty four to seven transactions,
no more waiting weeks, days and weeks and so forth.
For settlement. It happens instantaneously, you can verify it.

Speaker 2 (13:07):
It's real time. So it's incredible.

Speaker 1 (13:10):
Now, look at this Bhutan stakes nine hundred and seventy
thousand dollars of eth via figment in a validator push.

Speaker 2 (13:17):
Now.

Speaker 1 (13:18):
Bhutan has been very bullish on crypto. They're known as
the Royal Government of Bhutan. They have been buying bitcoin
and mining bitcoin, and now they're expanding to eth so.
Blockchain data shows the Royal Government of Bhutan has staked
three hundred and twenty ether worth roughly nine hundred and
seventy thousand dollars through Figment, marking the latest on chain

(13:39):
activity from the Himalayan state as it expands its crypto
holdings and validator operations. Figment is a staking provider that
helps large investors and institutions stake digital assets across multiple
blockchains and earn rewards for securing proof of steak networks.
The move adds to a growing wave of Ethereum focused
activity from Bhutan. In October, the South Asian nation of

(14:03):
roughly eight hundred thousand people began migrating its self sovereign
digital ID system from Polygon to Etheroreum, allowing residents to
verify their identities to access government services on the network.
Incredible what they're doing. But what they talked about here
about the digital ID that's coming to every country, guys,
I feel like this is like a testing ground in

(14:24):
a small country. So very interesting moves happening here, and
it's bullish. Other nation states and countries are going to
do this, they are going to stake Ether, they're going
to hold bitcoin, they're going to mine bitcoin, and they're
going to use blockchain tech.

Speaker 2 (14:39):
So it's incredible. Now, look at this news.

Speaker 1 (14:42):
A Monday brings euro money market fund on chain with
first tokenized share So A Monday, Europe's largest asset manager
has introduced its first tokenized share class for a euro
money market fund. The fund is now offered in a
hybrid structure, allowing investors to choose between the traditional version

(15:02):
and the new blockchain based one. The first transaction was
recorded on the Etherorem network on November fourth. The rollout
was developed in collaboration with a boy I can't pronounce this.
Caceis a European asset servicing group that provided the tokenization infrastructure,
investor wallets, and the digital order system used to process

(15:24):
subscriptions and redemptions. So, folks, tokenization happening globally. Notice they're
using Etherorem right. Many of them are starting off on ethereum,
just like Blackrock did. Blackrock launched their money market fund
Biddle on Etherreum, but then they started expanding to other chains.
So it's going to be a multi chain world. So
you want to look at the blockchains that are getting

(15:45):
adoption from these, I mean, the largest asset managers across
the globe. And obviously take your bets right so I
hold etherm my portfolio. I'm mistaking it currently and much
more so, I'm diversified. Obviously, you don't want to spread
yourself too thin, but you do want to look at
what is getting adoption.

Speaker 2 (16:03):
So great news here, guys.

Speaker 1 (16:05):
They are Europe's black Rock, the largest asset manager in Europe,
like black Rock is the largest acid manager here in
the United States, but also in the world, you know,
by assets under management. But you get what I'm saying,
So very very bullish. Now, final news item, Bonk meme
coin debuts as ETP on Switzerland's sixth exchange. It's kind

(16:25):
of wild to see these meme coins getting ETPs, but
there's demand. People want to invest in it. Right Just
this week, bit Wise they launched their dosecoin ETF. So
you know, while it's not for me, you know I
can say, hey, don't go invest in it. You have
to do your own research and you understand the risks.
I personally lean towards these all coins that are getting

(16:45):
real world adoption. Utility you know, people are building on them,
tokenizing and so forth. But look, memes are out there,
human beings. You know, we love memes, we love culture
and all that. So it's on the blockchain and here
it is.

Speaker 2 (17:00):
You know, we're probably.

Speaker 1 (17:01):
Gonna see more of this, but it's pretty wild that,
you know. Let me just give you some details. The
listing brings the meme coin into one of Europe's largest
stock markets, allowing investors to gain exposure to bonk through
standard brokerage accounts, removing the need for Walter direct token custody.

Speaker 2 (17:18):
So it's like meme.

Speaker 1 (17:20):
Coins injected into the tread five set up here, but
not for me.

Speaker 2 (17:24):
But you know, I'm not hating.

Speaker 1 (17:26):
If you enjoy meme coins, you invest in them, you're
making money off of them. I'm happy for you. So anyway, folks,
that's the news. Let me know what you think. Leave
your thoughts in comments below, hit the thumbs up button.
A great way to support the podcast is by subscribing
to my free email newsletter.

Speaker 2 (17:40):
It is one hundred percent free.

Speaker 1 (17:42):
Check out my book on Amazon it's available in paperback
and digital, and my course at mycryptocourse dot com. This
is a comprehensive course that teaches you everything you need
to know about crypto and Folks, right now, I have
a Black Friday and Cyber Monday deal going on where
you can get forty percent off the price of the
course and when you purchase the course, you get lifetime

(18:03):
access of course. So if you use the code think
at Checkout Capital T H I n K think you will.

Speaker 2 (18:10):
Get forty percent off.

Speaker 1 (18:11):
So this deal ends six pm on Monday, so Black
Friday and Cyber Monday into the weekend as well, So
check it out guys if you want to expand your
crypto knowledge. Folks, thank you for tuning in. I appreciate
you all and I'll talk to you all later.

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A LEGENDARY TRADER SIGNALS XRP IS ABOUT TO PUMP!

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