CRYPTO BULL MARKET IS NOT OVER AS SILVER GIVES CONFIRMATION WITH THE MACRO SETUP!

Episode Transcript
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Speaker 1 (00:00):
Silver is breaking out to new all time highs, the
stock market is starting to recover, and whales are buying
the dip for bigcoin, ethererem and other assets. This signals
that the bull market is not over. I want to
break down what is happening, who's buying, and much more.
Let's get into it. Hey, everybody, welcome into the Thinking

(00:25):
Crypto Podcast. You're home for cryptocurrency news and interviews. I'm
your host, Tony Edward. On your way in. Please hit
that subscribe button as well as the thumbs up button
and leave a comment below. If you're listening on a
podcast platform such as Spotify or Apple, please leave a
five star rating and review. Folks, let's take a look
at the price of silver. I know this is a
crypto podcast, but one of the things I've been sharing

(00:47):
with you all for years is that we have been
in a macro bull market for all assets. We've seen
gold have its day in the sun, this stock market,
real estate of course, and crypto right And I know
some of you to say, but crypto has been in
a correction recently, but you got to zoom out. We
got to look at when this bull market started, which
was in January twenty twenty three and where bitcoin is now.

(01:09):
It ran up significantly, and we've seen the stock market
run up significantly, and it's all following global liquidity. Remember,
assets are moving to higher highs because of the debasement
of currency, right, So we've talked about global liquidity many
times on this podcast. So silver crossed a new high
of fifty five dollars today and even right now it

(01:31):
is over fifty six dollars. So you look at the
chart new all time highs. Now, what do we see
a few months back, is that gold made new all
time highs Now it corrected since then, it's on its
way up. I don't know if this is a retlacement
move or this is a continuation of the bull market,
but the fact that silver is having its day in
the sun signals a rotation of liquidity. You look at

(01:53):
the SMP five hundred and it is showing a V
shape recovery here. It hasn't cracked all time highs yet,
but it is seeing a recovery and it's moving away
from the oversoul zone. And we've been tracking bitcoin. Of course,
Bitcoin isn't moving away from the oversol zone on the
daily chart. The bulls are back in control, but we
still got work to do here. Right. We can't celebrate

(02:15):
this because we need to see strength. Many analysts are
calling for a local top of one hundred and five
thousand dollars by the end of the year, but we're
going to have to wait and see how this market
plays out. There are two scenarios here, a deadcat bounce,
relief rally like maybe what we're starting to see here,
then a rollover to lower lobs or this is the
start of the continuation of the bull market. I know

(02:37):
many of us want certainties, we want absolutes, but unfortunately,
when it comes to investing, we have to look at probabilities,
different scenarios. So the fact that silver is doing its
thing the stock market and much more is very good
for the continuation of the macro bull market, and crypto
will have its turn. So I think, once again, guys,
this is more evidence that things are still moving in

(03:00):
the right direction here for us, despite all the volatility,
despite the fear, the shakeouts, and much more. And further
confirmation of this is we are seeing different signals highlighting
that whales and institutional investors are buying for example, coinbases,
bitcoin premium index, has flipped green. It has been in

(03:21):
red since near the end of October, you know, after
the big leverage flush out we saw in October. So
US institutions are buying again. And look at this. We
have some more supporting data here. Bitwise data shows institutional
bitcoin demand continues to dramatically exceed the new supply, widening
the imbalance through twenty twenty four and into twenty twenty five.

(03:44):
So the amount of bitcoin being mined, there's more demand.
The demand outweighs the supply of new bitcoins, so that's
a very good sign. And here black Rock continues to
buy bitcoin for their Bitcoin ETP, so despite the outflows
we saw for a few weeks, we are now seeing
consecutive days of inflow, so that they're buying the dip, right.

(04:05):
This is how smart money operates. When the market's down
and everybody's in fear and the herd is in fear,
the smart money does the opposite, and they've been buying.
The most recent buy was four hundred and seventy seven bitcoin,
So clearly institutions are bullish while retail is fearful. Here's
another example. Tom Lee's bitmind has bought forty four million

(04:25):
dollars worth of ethereum, so they are of course a
digital asset treasury that specifically focuses on ethereum. So the
data came in from Arkham Intelligence and they said on
Thursday specifically Bitmind purchased fourteen thousand, six hundred and eighteen ethereum.
So on chain data is showing us the purchasing and

(04:47):
giving us confirmation here right. Plus we have the macro
factors of the Fed ending quantitative tightening on Monday, December first,
so that means more liquidity is going to enter into
assets and into the market. Plus they're going to continue
to cut rates, so that means capital is going to
get cheaper. So we can't ignore those factors. And yes
there are bear scenarios on the charts. I'm not ignoring that.

(05:10):
I just think on the scale of bull and bear,
I think the macro is just setting us up for
a bullish continuation of this market despite the short term pain, guys,
and we're gonna have to be patient to see how
it plays out. Obviously there's no guarantees here, and some
of you may not like that, but this is the
world of investing, so welcome to investing. We are taking

(05:30):
our bets. I do believe though, you know, as I've
been saying, macro from the macro, even if the short
term is bearish, I'm very bullish because as long as
central banks keep printing money, asset prices will keep going up.
So the short term volatility, regardless of what causes it
or what it is, regardless of the massive dumpy's on
October tenth and the leverage flush out and whatever manipulation

(05:54):
in the macro, that's not going to matter. Because as
long as they keep es, central banks keep printing take money,
we're gonna see asset prices keep going up. So I
hope you guys understand. And I think confirmation from silver
going up here is a good sign, folks, very good sign.
And let's see what gold continues to do. It's not
far from its all time high. Let's see will continue

(06:16):
to watch the S and P five hundred, the NASDAC
and so forth, which are seeing a bit of a
V shape recovery here, but we of course want to
see them go to new all time highs and Bitcoin
in the crypto market follow which historically they have. Now
they can lag, one can lag behind the other, So
we're going to have to be patient, and maybe it's
time to step away and touch grass right now. I

(06:40):
recently bought the dips for some all coins like XRP
and Sowana and so forth. Not financial advice, you don't
have to follow me. But anytime I see the market
in extreme fear like it was for the past month
or so, that's always a great time to buy. Once again,
not financial advice, you don't have to follow me. Do
your own research, but I think many of you stand

(07:00):
market principles by now, right, you do the opposite of
the herd. Everybody's bears. It's over bear market, YadA YadA,
And even if we're seeing a relief rally, it's still
an opportunity to make money. So you buy the extreme
fear and then you sell theed pump. Right that you
don't buy into green candles. You buy into fear and
blood on the streets, and you sell into green candles.

(07:21):
So hope you guys understand that now. This episode is
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(09:17):
So really great news. So folks, if you'd like to
learn more about v chain, go to vchain dot org.
Link will be in the description. Now, folks, look at
this news. Animoka Brands to focus on stable coin RWA
in twenty twenty six mid us IPO efforts. Many of
you may have seen my interview with Yachtsu, the founder
and CEO of Animocha Brands. They are really big in

(09:38):
Hong Kong. They're a massive crypto investment firm. They've been
doing a lot of things, investing in the Web three
gaming sector and different aspects of the crypto market, and
they are looking to do a US listing public list thing.
So again, if these companies like Crack and Animoga brands
Securitizer looking to do IPOs, no one does an ipo

(09:59):
and a bit market guys, right, So again more macro
signals here, highlighting that this market is expected to continue
into twenty twenty six. So Animoka's cso kavon pay money
Toll CNBC that it will focus on expanding and stable
coin and RWA initiatives in twenty twenty six. Animoka is

(10:21):
planning to go public on the NASDAC next year through
a reverse merger with Singapore based fintech AI solutions firm
Currency Group. Very interesting, So again multiple factors here. They're
expanding to stable coins, ANDRWA and they're looking to go
public in the US. Look at this. The UK widens
crypto reporting rules to cover domestic transactions. Now, the UK

(10:45):
has been a bit weird about their regulations of crypto.
It hasn't been that great, but it looks like there
is dialogue and progress being made, fine tuning happening to
some of their rules. But you know, this is what
we're seeing globally, guys. Countries are embracing crypto, regulating it.
You know, they're going to tax it. But they're not

(11:05):
banning it and they're going to allow it to flourish.
So the United Kingdom will require domestic crypto platforms to
report all transactions from UK resident users starting in twenty
twenty six, expanding the scope of the Crypto Acid Reporting framework.
The change will give His Majesty's Revenue and Customs the
UK's Tax Authority automated access to both domestic and cross

(11:26):
border crypto data for the first time, tightening tax compliance
ahead of the crypto asset reporting frameworks first Global Information
Exchange in twenty twenty seven. So clearly this is your
run of the mill standard practice, right, they want to
track everything tax you Look, we can't avoid it, right.
This is what is happening here in the United States obviously,

(11:48):
so it is what it is. But once again the
embracing of crypto, not banning it, just regulating it. Now,
look at this crypto exchange q Coins European arm wins
a METSKA license in Austria. So crypto exchanges and different
crypto platforms are expanding globally getting their licenses. It's a
race game theories playing out here. No one wants to

(12:10):
get left behind, so everybody's putting their stake in the ground,
trying to expand their markets here. So the European arm
of crypto exchange coucoin, has won licensing in Austria. MIKA
came into effect last year, allowing crypto companies to obtain
license in an individual markets and then passport its services
across the rest of the eea Qcoin reveals it's micro

(12:33):
licensing only days after the exchange registered with Australia's Financial
Intelligence Agency Austrack, allowing it to offer your crypto exchange
services legally in the country. So, guys, this is really
great to see these companies continue to build. There's mergers
and acquisitions happening, companies playing to go public, They're getting

(12:54):
their licenses, expanding globally and much more. Now look at
this Brazil's Economics Center sau Powlo to pilot blockchain based
micro loans for farmers. I love news like this because
I send it to the skeptics, right who I know,
anti crypto, anti blockchain, and I send it to them, Hey,
have a read, and they come back to me with

(13:15):
any questions you have. Because education is so important, a
lot of people still don't understand what this technology is
about and they don't understand the benefits. So Brazilian fintech
firm ten C from saying that right is launching a
government backed blockchain project to offer micro loans to small
scale rural producers in sal Powlo with a mobile app

(13:36):
and physical payment machines. The project uses a blockchain infrastructure
built in ten C's technology, which allows for predictable transaction
fees and reliability, rather than depending on public blockchains like
a Theorem or Salona. The micro loan program, backed by
Sao Powlo's city government, offers up to twenty eight hundred

(13:58):
dollars in fast loans and is expected to go live
next month, following a successful pilot project in the town
of Santo Antonio da Aligria. From seeing that right now,
it looks like they're trying to bypass public blockchains. But
what we've seen doesn't work the liquidities on the public blockchains.
But you know, so many times these firms end up learning, Okay,

(14:20):
we're gonna have to bridge there so they can have
their private permission blockchain. That's fine. Many banks and companies
here in the United States are doing that, the trad
fi companies, but they got a bridge over right, JP
Morgan is an example, So I think eventually they will
have to do this. But let's see. You know, there
will be permission private blockchains. That is something that's going
to exist here. However, again you got to bridge to

(14:42):
the public blockchains. Look at this you Bekistan green light
stable coins for payments under new sandbox regime. Folks, cryptos
like Global Acid class. It's inevitable all these countries have
to launch their stable coins. As we've been talking about
for years, the future economies, markets and governments will all

(15:03):
run on blockchain rails. So Ubekistan is moving to bring
stable coins into a formal or into its formal payment system,
starting with a tightly controlled developmental sandbox, according to local media.
According to a Friday report by local news outlet kun,
I'm saying that right u Bekistan's new stable coin regulatory

(15:24):
framework will come into force on January first, twenty twenty six.
The new law, signed on Thursday establishes a regulatory sandbox
under the purview of the National Agency for Perspective Projects
together with the Central Bank. So what we're seeing many
jurisdictions and countries around the globe, their central banks and

(15:46):
their governments all working on a stable coin or digital
deposit oken or a CBDC. Right. We are seeing those
things being built under using different blockchains, but we know
that there will eventually have to be interoperability between all
these currencies. I think when all of this is set
up by these different countries and all running some sort

(16:06):
of blockchain power token, this is going to change the
FX markets completely, right, and you're gonna have twenty four
to seven markets, instant settlement, instant interopability, atomic settlement, and
things like that. So that's the world we're headed to.
And you're seeing the infrastructure being built here, and even
from countries which you wouldn't necessarily think would be involved,

(16:28):
but I think many of them are trying to get
have the curve. Many of them have gotten their marching
orders from the IMF, from the folks at Davos, right,
every year the world leaders meet at Davos in January, right,
the BIS, the Bank of International Settlements. We've seen all
these folks flip this script saying, yeah, you can't stop this,

(16:48):
it's inevitable. We got to build and they're all doing it.
So this is the future of my friends. So pilot
projects are expected to be implemented to develop a stable
based payment system operating on distributed Ledger technology. Starting next year,
Ubekistan based entities will be allowed to issue tokenized shares

(17:08):
and bonds, and a separate trading platform will be created
on license stock exchanges for these assets. Folks, the see
where we're headed. It's incredible what's being built out here.
And look at this one. I honestly have not heard
of this country, turk Menistan. I don't know. Maybe I

(17:29):
don't for some reason, don't remember this country. But turk
Menistan legalizes crypto trading under tight state control from twenty
twenty six. This is wild man, some of these countries.
Once again, I've not heard of. So. According to a
November twenty eighth report from local news outlet Business, Turkmenistan

(17:51):
President Surdar oh my Gosh I can't pronounce his last name,
Birdie Munifdalv or something like that, signed a law regulating
the crypto industry. The new law, which will come into
force in twenty twenty six, establishes licensing, know your client,
anti money laundering, and coal storage requirements for crypto exchanges
and custodial services, and prohibits credit institutions from providing crypto services.

(18:16):
This state can also stop void and force a refund
of token issuances. Wow. The law requires registration for cryptocurrency
mining and mining pool operations and bans covert operations. It
also states the country's central bank can authorize distributed ledgers
or run its own, potentially forcing citizens onto permissioned surveiled infrastructure. Wow, guys,

(18:43):
the dominoes are falling around the globe. This type of
news is not making big headlines on CNN, Fox or whatever,
but clearly the infrastructure is being set up here for
the token economy. Right. Your fiat currencies, your assets all
tokenized on the blockchain, and every country will participate. Even
if they don't issue their own, they will be using

(19:06):
other people's currencies or tokenized assets, right. So that is
where things are headed to. So that's why I am
bullish from the macro perspective, as I said at the
beginning of the podcast, despite the short term volatility and
painful situations we're experiencing here, right, but when it comes
to investing, you've got to have the macro outlook, guys.

(19:26):
So let me know what you think, folks about this news.
Pretty incredible stuff. Leave your thoughts and comments below hit
the thumbs up button. Folks. A great way to support
the podcast is by subscribing to my free email newsletter.
It is one hundred percent free. Link will be in
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in paperback in digital, and my course at Mycrypto Course
dot com. This is a comprehensive course that teaches you

(19:48):
everything you need to know about crypto and folks. We
have a Black Friday Cyber Monday deal going on where
you can get forty percent off the price and of
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(20:10):
Mycrypto Course dot com. Link would be in the description. Folks.
Thank you so much for tuning in. I appreciate you
all and I'll talk to you all later

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