DON'T BE FOOLED! THE CRYPTO BULL MARKET IS NOT OVER!

Episode Transcript
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Speaker 1 (00:04):
Hey, everybody, Welcome into the Thinking 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 a thumbsup button and leave a common blow.
If you're listening on a podcast platform such as Spotify
or Apple, please leave a five star rating and review. Folks,
We of course have to talk about the prices because

(00:25):
I know a lot of people are getting scared, depressed.
They think the market top is in and the bears
are out in full force. I see them in the
common section. The top is in. You should all be scared.
You should all run for the hills. But if you've
been a subscriber to this podcast, you know we're not
emotional about markets. We're educated. We're looking at the data,
the metrics and signals and forming our thesis. And of course,

(00:47):
as I shared in yesterday's podcast, bull Market's not over.
I also did a newsletter today on substack. It's one
hundred percent freeze and make sure you subscribe, where I
outline all the different factors. Guys. Global liquidity is still
hitting new highs and bitcoin is heading towards the oversoul zone.
On the daily chart from the RSI perspective. But as
I've been telling you guys over the past two and

(01:07):
a half weeks, that the bears were in control because
the mac D on the weekly charts show that. So
they are still in control. But what have we seen
the cyclical pattern? Bears would get controlled, but then Bitcoin
goes to the over sold and reverses and then goes
to the overbought and the bulls get in control. Right,
It's a cyclical pattern. It's kind of oscillating. So if

(01:28):
you don't understand this by now, you really have to
look at the charts, look at RSI, look at MACD.
It's what I've been sharing for a long time. So
you've got to make sure that you understand these concepts
so that you're not just an emotional rollercoaster like trying
to figure out what the hell is happening. You are
basing your thesis, your investment thesis, on facts, on data

(01:49):
and what the charts are showing us. And obviously we're
looking at multiple factors, not just one. So watch out
for the bears. You're going to see a lot of
people post negative things, but they won't give you facts.
They won't give you data. I always say when people
comment on my posts, whether it be on social media
or on YouTube, and they'll say, oh, the top is that.
I'm like, Okay, what factors are you looking at? Show

(02:10):
me prove it right. They usually can't because they are
just going off emotions and many of them are shorting,
so they want you to feel feared, They want you
to panic sell and all these things. It's just the
nature of the markets. But guys, we are fact focused,
we are data focused, and the market is still up
and running here. We're still in the bullmarket. I believe

(02:31):
a face melting rallies coming in Q four because I
see the sentiment right now and people are getting just depressed,
and you look. You know, it's funny because it's almost
like you want that to happen because it means the
rally coming up is going to be even bigger. I
say that being here for three bull market cycles and
multiple bear market cycles, because I've seen it time and

(02:53):
time again, and sometimes you try to explain to people
but they just don't get it and they just need
to educate them themselves. But those of you who've been
around the block, you know what I'm talking about. The
more fear there is in a bull market, my goodness,
though stronger the rally will be. And then another factor
I'm looking at is that bitcoin whales are still accumulating.

(03:15):
There's no dumping. So I look at on chain data
from Sentiment which shows wallet of ten or more bitcoin.
They continue to accumulate. So everything's still in tack here,
and this may be the biggest factor that the bull
market's not over. Folks, look at this. Jim Kramer today
posted I would like to see a pause in the

(03:36):
endless rally of speculation, gold, crypto and profitless companies get
ready for a Q four face melting rally that will
bring tons of retail in. I don't know if it
leads us to the top, but it could be the
rally a local top before we hit the blow off

(03:57):
top and possibly Q one twenty twenty six. And now
I'm saying possibly, because we're following global liquidity, we're looking
at some of these different signals, and we still have
to see how the dust settles here as things progress.
But guys, this is a major signal in verse Kramer,
how many times have we seen this? So the man
is calling for the pause. He doesn't like it right, well,

(04:20):
you know, according to his post here, and do you know,
the markets do the opposite of this, so this is
very very bullish. All right, let's move ahead, guys, big news.
US lawmakers urged the SEC to implement Trump's August seventh
executive order allowing four to one K retirement savings to

(04:41):
invest in bitcoin and crypto. Now, of course it's more
than bitcoin and crypto, but this will open up trillions
of dollars to come into these different asset classes. And
this letter was from US lawmakers in the House, in fact,
nine of them, so let me give it the details here.
So the US lawmakers sent the letter to SEC Chair
Paul Atkins to help accelerate the executive order enabling crypto

(05:03):
investments in US four to one K retirement plans. In
a letter on Monday, nine lawmakers, including House Financial Services
Committee Chairman French Hill and Subcommittee on Capital Markets chairman
and Wagner, said that Atkins was asked to provide swift
assistance to the Secretary of Labor and to make any
necessary adjustments to its current regulations and guidance. So many

(05:27):
of you know Frenchchill. I've had him on the podcast
many Times, and in fact, today I published my interview
with Tom Emmer. Make sure you catch that that gives
an update on the Claritiac. But this right here is
a big catalyst as well, because you can imagine the
mainstream news is going to run with this, and a
lot of financial advisors will then be talking to their
clients to be able to push some of their capital,

(05:48):
their money into crypto. So this is maybe one of
those big narrative items along with the CLARITIAC passing that
will spark a massive ball run, and it maybe it
aligns with what we're expecting in Q four. So they
also noted that under President Trump's August Executive Order on
Democratizing Access to Alternative Assets for four oh one K Investors,

(06:12):
the SEC was instructed to make alternative assets at crypto
more accessible in participant directed retirement plans in consideration of
accredited investor and qualified purchaser rules. Here's a quote. We
hope that such actions will help ninety million Americans that
are currently restricted from investing in alternative assets to secure

(06:33):
a dignified, comfortable retirement the nine lawmaker set. Now, I
will be interviewing Commissioner Hester purs this week in my
New York studio on Wednesday, So I'll be sure to
ask the details around this and what the SEC is thinking.
You know, as much as you can share. But this
is very bullish, folks. A lot of capital could be
ushered into the crypto asset. Now. I want to make

(06:56):
sure I'm clear not all of it will go into crypto,
because this opening up of investments, it goes beyond crypto,
So just want to make sure I let you guys
know about that. Now, some big news here. The US
and UK have formed a joint task Force to explore
crypto regulatory collaboration. So this is big. And look, we've

(07:16):
talked about this on the podcast for years. All the
governments are on board. They you can imagine all these
things are being discussed by central banks and when they
meet at Davos and all that. Right, they all have
the marching orders here and they're all going to get
in the same page. This technology is going to be
running the markets, the economies, the governments. Like I've said
many times, voting will go on the blockchain, your payments

(07:38):
to and from the government will go on the blockchain,
taxing all those things. Right, markets, we see tokenization is
happening and much more so. Guys. This is the direction
to Puck's heading in. So this should come as no surprise.
But it's of course very bullish because once we get
more countries on board and they open up more financial
products and more on ramps of capital, you know what's

(07:58):
going to happen to the price of the assets. So
treasury authorities in the US and UK have announced the
formation of a transatlantic task force to explore short to
medium term collaboration on digital assets. In Monday notices, the
US Treasury Department and the HM Treasury said the cross
country effort, taking place through the already established UK US

(08:22):
Financial Regulatory Working Group, would release a report with recommendations
within one hundred and eighty days. The new task force,
called the Transatlantic Task Force for Markets of the Future,
will consider crypto laws and regulations, as well as how
the two countries can collaborate on wholesale digital markets innovation. Folks.

(08:44):
I've often said I'm not just bullish on this bullmarket
and what I can make in this market, but the
future bull markets. Because once the legislation's in and it's
going to take time, right, you know, the governments have
to pass it, but then it has to be implemented,
and then all the the different companies and financial institutions
have to take your time to ramp up and build.

(09:05):
So those things will take time. I think it happens
over the bear market and it's going to prepare us
for a massive run in twenty twenty eight to twenty thirty.
So this is very very good. Here now, quick word
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(09:27):
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(09:49):
White and the UFC doing some really cool things there.
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I believe in this project. So if you'd like to
learn more about v chain, go to vchain dot org.
Link will be in the description. Now look at this news.
This is really big. PayPal Ventures invest in stable to

(10:12):
expand pyusd reach. So the stable coin wars are heating up.
The races heating up here, big players making big moves right.
So PayPal, as many of you know, they have their
own stable coin called pyusd and the issuer of that
stable coin is Paxos. I recently interviewed Charles Cascarilla, co
founder and CEO of Paxos, and I had interviewed Edwin

(10:35):
Aoki last year of PayPal. I will be possibly interviewing
someone from PayPal again to bring you guys all the details.
But this is a big acquisition for them, and let
me keep once again the details here. PayPal Ventures has
invested in Stable to bring PayPal us d p y
us D to stable chain, aiming to expand its distribution
and make global payments faster and cheaper. According to a

(10:58):
blog post on Monday, stay blockchain built for stable coin
transactions with sub second finality and low fees. Is designed
to fix the infrastructure issues that have slowed adoption to
companies said. The size of the investment was not disclosed. So, folks, again,
the race is on. Most recently we heard Tethers launching
USAT in the United States. You know, Circle continues to

(11:22):
expand their partnerships, Ripples doing their thing with r l USD.
So competition is heating up here, guys, which is great
and it's great for the consumer, and it's great to
see these things play out. And you know, over time
we'll see who the winners are and possibly some consolidation. Right,
usually a bigger player may buy up the smaller players
and things like that. But we know that tether is
still the world's largest stable coin. It is distributed across

(11:46):
the globe, so we'll see how these other players steal marketshare.
But nevertheless, some big names here. And look the banks
I think are going to launch it their own stable coins.
We've heard City Bank looking to do that Bank of America.
So things are going to get very thing. All right,
let's talk about some digital acid treasury company news items here.
So Agraforce stock rallies on pivot to build Avax treasury.

(12:10):
Many of you know the native token of the Avalanche
blockchain is Avax. I do hold this token in my portfolio.
I am bullish on it, so let me give you
the details here. Shares of Agriforce Growing Systems surge more
than two hundred percent at Monday's open after the agriculture
technology company announced a pivot into an Avax digital Acid

(12:30):
treasury model. The company will rebrand as Avax one Wow.
Talk about going all in. That's a big rebrand to
change to your name to the token, and aims to
raise five hundred and fifty million dollars to build a
treasury centered on AVAX, the native token of the Avalanche blockchain.
According to a Monday press release, the company's goal is

(12:52):
to accumulate more than seven hundred million dollars in Avax
tokens as a long term strategy. It also plans to
acquire an inter great revenue generating fintech businesses into the
Avalanche network. The funding strategy includes a three hundred million
dollar private investment in public equity deal subject to these
shareholder approval, and plans to raise another two hundred and

(13:14):
fifty million dollars to equity linked instruments. This is huge
news for AVAX. So if you're an AVAX token holder,
edition make you happy. We're seeing a lot of these
digital acid treasury companies buying tons of these tokens, and
that's only going to drive the prices up of these
assets and create more of a supply shop because they're
buying a lot of the tokens. Right, you have multiple

(13:35):
of these companies, so we're seeing with bigcoin e Theorem, Avax,
You've got Solana, you got a couple that are doing XRP,
and there's even like I think some hbar dosecoin. It's
pretty wild and like I said, i hold the Avax
in my portfolio, so I'm really happy to see this news.
One of the things I keep issuing a caution on though,
is that a bit of a bubble is forming here.

(13:57):
So this is where we want to exit this market.
If you know, you're playing to take profits before any
type of bear market collapses. And I'm not saying as
soon as we enter a bear market they're going to collapse,
but we've seen in the aduldrums of the bear market
when liquidity drives up and it gets bloody out there right,
a lot of things start blowing up, a lot of liquidations.

(14:18):
If we've seen this time and time again. So at
that point I've said many times, I'll be backing up
the truck and buying that blood on the street again. Uh,
that's the time to buy. You know. Once you understand that, folks,
and the liquidity cycle and how this all works, it
makes the investing part of it easy because you have
a thesis that's based on macro data, is un chain

(14:41):
data and much more. All right, final news item here,
This is another digital asset treasury news item. So Ramaswami
backed Strive by Similar Scientific and Bitcoin Treasury merger. This
is huge. So Vivek Ramaswami, who's you know, part of
the Trump administration at one point we know he launched
a bigcoin treasury company and this is a huge, huge

(15:03):
acquisition here. So Strive, Inc. The asset manager turned bitcoin
treasury company led by former presidential candidate Vivek Ramasami, has
agreed to acquire Similar Scientific, a move that positions the
combined entity as one of the largest corporate holders of bitcoin.
In a Monday announcement, the company said the all stock
transaction will grant similar shareholders Strive shares instead of cash.

(15:28):
Each Similar share will be exchanged for twenty one point
zero five shares of Strive Class A stock, representing a
two hundred and ten percent premium over a similar's pre
deal price. Alongside the merger, Strive disclosed it had purchased
five eight hundred and sixteen bitcoin for about six hundred
and seventy five million dollars, boosting its total holdings to

(15:51):
five eight hundred and eighty six bitcoin. Before the acquisition,
Strive was a relatively minor player in the bitcoin treasury space,
with just seventy bitcoin on its books. So now you're
seeing larger bitcoin treasury companies buying the smaller ones. This
is pretty wild. And look at the amount of money, folks.
Do you think these people think we are in a

(16:13):
bear market? They're panicking? Oh my god, you know the
top is in We No, they're expecting upside and that's
why they're buying the assets. And you know, this is
pretty big, and it's once again, these are signals. You
look at companies doing IPOs, the mergers, the acquisitions, and
even Salor Michael Sailor and Strategy they bought more bitcoin
today you know, they usually do that almost every other week,

(16:36):
so it's not really news to report. But they continue buying,
and you know Sailor, he's going to keep buying it
as long as he sees upside. So again, bull market's
not over. So the combined company now control over or
more than ten nine hundred bitcoin, making it the twelfth
largest public bitcoin holder, ahead of Hunt eight Mining, block Ink,

(16:57):
and Galaxy Digital, according to industry data. Huge things happening, folks,
And like I said, it's not over. If you're feeling emotional,
if you're feeling like panic selling, you're doing it wrong.
Go back to the data. Check out my newsletter, folks.
The link will be in the description. It's free. You
don't have to pay anything. Just go to it. I

(17:17):
put charts in there, put data in there. Skip the
Netflix show, well, skip the TV show and just sit
down and read it. Go to TradingView dot com. It's free. Right,
you can learn so much and continue to educate yourself
and see where we're at in the cycle and the
different factors we're looking at. Right, we're looking at multi factors,
not one, not just a handful, because we want to

(17:37):
make sure we're making educated decisions here and we're informed.
So again, subscribe to the newsletter guys. Link will be
a description. Check out my book on Amazon. It is
available in paperback and digital, and my course at mycrypto
course dot com. If you want to expand your knowledge,
learn about the tech, learn about the market cycles, learn
about these crypto assets, this is the course for you.

(17:59):
It features downloadable materials, full text write ups. Of course,
you're gonna hear from institutional investors, founder CEOs. It's all
curated here for you. It's easy go at your own pace.
You can share the log in with your friends and
family if you want so. The couruse is packed with
tons of value. Check it out go to mycryptocourse dot com. Folks,
thank you so much for watching and listening. I appreciate

(18:21):
you all and I'll talk to you all later

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