🚨FED OFFICIAL CONFIRMS QE IS COMING & PREPARE FOR XRP ETFS!

Episode Transcript
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Speaker 1 (00:05):
Hey, everybody, Welcome into the Thinking Crypto podcast. You're home
for cryptocurrency news and interviews. I'm your host, Tony Edward.
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As many of you can see on the YouTube channel,

(00:26):
I'm currently still on vacation with the family, recording from
my hotel right now in one of the conference rooms.
But folks, we got big confirmation from one of the
FED governors that they are returning to QE now. In
yesterday's podcast, I gave you updates from Ray Dahlio, who
headed up the most successful hetch fund in the investing world,

(00:47):
and he stated that the FED is going to stimulate
the economy and assets are going to pump, and that
could lead us to a bubble. Well, look at the
headline today from the Wall Street Journal. Fed's Williams expects
Central Bank to return to asset purchases soon. Folks. They
are going to go back to money printing. It's what

(01:09):
we've been discussing since the beginning of twenty twenty three,
where the Fed went into quantitative tightening in November into
December twenty twenty one. Twenty twenty two was a massive
bear market. We know what happened in that year, right,
But then we started seeing the bottoming out of them
market and then the Fed slowly pause rate hikes. Then

(01:29):
they started cutting rate hikes, and along the way they
did stealth QI injecting liquidity, bailing out SVB and a
bunch of the regional banks. Right, so liquidity started making
its way through the system. In addition, global liquidity started
going up, and the US M two also started going up.
So acid prices are correlated to this, right, Crypto stocks,

(01:49):
real estate, precious metals, and much more. Now they are
about to turn the money printer back on, so this
is very bullish. Let me give you some of the
details here. So New York Fed President and John Williams
said that the Federal Reserve could soon return to expanding
its securities holdings after the Central Bank said that it
would wind down efforts to shrink its balance sheet on

(02:11):
December first. So we heard from Jerome Powell straight out
the horse's mouth. Now that they are wrapping up quantitative tightening,
and that the deadline is December first. The net bond
purchases would be the next long planned phase of the
Fed's approach to matching the levels of cash like assets
available to banks to their needs. Not a new effort

(02:34):
to stimulate the economy. But it doesn't matter which path
or avenue day inject liquidity or buy the securities. It
doesn't matter. That liquidity will drive asset prices higher. So
this is why I'm macro bullish, folks. As long as
central banks keep doing things like this, It's not just
the FED, it's the China Central Bank, it's whatever central

(02:54):
bank around the globe. As long as they keep printing money,
I am bullish because assets will follow. So the short
term volatility is noise in my opinion. Now, I know
all of us are here to make money. We want
to make returns. I understand that I'm in the same boat.
I am not a billionaire, so I I am here
trying to make money, and I'm trying to help myself

(03:16):
and my family and improve the financial situation. And I
see crypto as the fastest horse and the asset rays
to make that money, right, those great returns. So this
is a major signal. Folks, don't miss how big this is.
They are going to go back to money printing because
the FIAT system requires it. There's no way around this.
Now we are starting to see cracks in the system,

(03:38):
and this is why we're seeing the change in the tone.
We're ramping down quantitative Titan, where we're going to go
into purchasing securities again. It's because we are seeing massive
layoffs around the United States for different industries. And look
at this update for October. US employers announce one hundred
and fifty thousand plus job cuts in October, the highest

(04:01):
since two thousand and three. In addition, US consumer sentiment
falls to its second lowest level on record. Consumer sentiment
is now below the two thousand and eight low folks,
the second lowest level on record. So the Fed, we
know they have two mandates, and that is to make
sure they keep inflation down and keep jobs in the economy,

(04:24):
keep as much have as much employment as possible. That right,
I'm paraphrasing, right, but those are essentially they're two mandates.
So those things are not going well right now, and
we know the only way out is print. So acid
prices go bananas when they do that. So this is
why I believe this macro bull market will bleed into

(04:45):
twenty twenty six. How far, I don't know, right, I
don't have a crystal ball, but I'm gonna go with
the data. We'll keep monitoring, We're gonna look for the
top zone. Because bitcoin itself has not been invalidated from
a macro structure standpoint, we are still seeing some very
bullish things. And here Julian Battel, who works with global
macro investor Ralph Powell, shared a chart with the business

(05:07):
cycle with Bitcoin's price and showing there's still room to
run here. So this aligns with the thesis of the
macro bowl market and what the FED is doing returning
to quantitative easing. So he says, most people are over
complicating the idea that bitcoin's traditional four year cycle can extend.
It's simple. If the business cycle extends, the crypto cycle extends.

(05:30):
BCROW is a macro asset, so we've of course seen
the correlation over the years, and we expect that correlation
to continue. And here crypto currently Great Analysts shared a
chart showing the three possible scenarios that could play off
for bitcoin, saying there's a final push into the end
of the year where bitcoin goes to about one hundred
and forty K, and he's saying that's the possible scenario.

(05:52):
The second scenario he says is likely is the full
reset where Bitcoin goes and touches some lows, resets, you know,
taking a longer time to come out of the hole,
but eventually does and then runs to over one hundred
and fifty K. And the third scenario, which he thinks
is unlikely, is that it's over and we are entering
into a bear market. So he said Bitcoin's base case

(06:13):
remains unchanged, holding macro's support level, sentiment reaching extreme fear,
long term investors capitulating left and right. Liquidity is set
to increase soon. Zooming out creates clarity among all the
short term volatilely and uncertainty. So I absolutely agree with this.
I absolutely echo these statements because it's my analysis as well,

(06:34):
it's my thesis. It's my research that is showing me
the same set up here here. Crypto Wizard shared a
great chart showing when you zoom out in this bull
market for bitcoin, we've just been setting higher highs and
higher lows, and that's what bitcoin's doing right now. Setting
a higher low, So he says, what if this isn't

(06:55):
a breakdown? Bitcoin has pulled back to one hundred k
as called a deviation below is possible, but ultimately it
bounce can form a higher low if it is sustained.
The fight is on, so bulls and bears are battling,
but guys, I think the macro structure is still intact.
Here now one other factor, we haven't seen bitcoin dominance

(07:15):
collapse like it has in the past, so that's one
of my reasons for saying this bull market's not over.
Analysts Matthew Hiland shared the bitcoin dominance start from the
weekly standpoint, and it's currently rising, but it's setting up
for a bearish rejection and to start collapsing. So he says,
the reason why you should have confidence in the all
coin price action is because the bitcoin dominance chart looks

(07:40):
bearish and has looked bearish for many weeks. The downtrend
is favorable to continue. Therefore, this relief rally has been
a dead cat bounce in a downtrend. So bitcoin dominance
at the cusp of getting rejected from a key resistance
level and start breaking down, and that's very good for
bitcoin in all coins. In addition, you have this macro
factor of the US government being shut down, which is

(08:02):
a short term headwin in my opinion. But the US
Senate is set to vote on a bill to open
the government, so hopefully they can get that done because
it really sucks. A lot of people are out of jobs.
We now have flights, they're going to be canceled. It's
a mess. So it's getting to a tipping point. If
they don't get this right, you know, people are going

(08:23):
to get really angry. Man, And I think we're setting
up for this to open FED doing QE and much more.
So we've got to be patient here and let these
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(09:31):
So check out uphold guys once again. I'm a user,
have been for a long time. Link will be in
the description now. Folks, we continue to see big updates
around XRP spot ETF filings, multiple updates and here twenty
one Shares just dropped an eight A for their XRP
SPODYTF twenty day clock in effect, says Eric Balchin, is

(09:51):
senior ETF analyst at Bloomberg and next week in fact,
Canary Capital also known as Canary Funds, they're going to
be launching their XRP ETF, so they tweeted out saying
coming soon. So it looks like November thirteenth is the
date that they're aiming at. And folks, I'm going to
be interviewing the co founder and CEO of Canary Capital

(10:13):
on Monday, so I'll bring you all the details there.
His name is Stephen mcclerk, so stay tuned for that
interview is going to be a really good one. And
then I should have my interview published with Ashiesh burl Up,
who's the CEO of ever North, which is the one
billion dollar XRP digital asset treasury company. So those interviews
are going to be dropping next week, in addition to
the interviews I did at chain Linksmart CONSA. Stay tuned, folks,

(10:36):
So big things, big things are ahead. It looks like
bit Wise also updated their spot dose cooin ETF filings,
So lots of big things lining up here, guys. And
then you know we got the market structure bill as
another macro factor these ETFs and much more so. Again,
I don't think the whales and the market makers are

(10:58):
that dumb to let these major landmark moments and milestones
past the market, which would bring in tons of liquidity,
and especially the Market Structure Bill, which would give clarity
to just pass that up an opportunity to bring in
tons of capital, right, I honestly don't think they're that dumb,
But look, there's nothing that is one hundred percent guaranteed.

(11:22):
We're talking probabilities here, so I think the higher probabilities
on the both side. Now look at this news. Fed
Governor Miran calls stable coins a force to be reckoned
with that could put downward pressure on interest rates. So
we continue to see the endorsement of crypto, blockchain, stable
coins from governments, different government leaders, central banks, the banking industry,

(11:45):
and much more. They're all capitulating. So stable coins are
an era of enormous growth, said Federal Reserve Governor Stephen
Moran as he spoke about cryptocurrency for the first time
in his new position. Based on the surveys that I've seen,
the four that I've seen, it's a force to be
reckoned with, absolutely, Moran said on Friday. When he was

(12:06):
asked about crypto during a panel at the BCVC summit
in New York City, Moran seem less sure aware the
rest of cryptos headed, but said lots of innovation was
happening either way. So it's no longer crypto' is a fad,
a scam, it's you know, the stigma of it's only
used by criminals. Everybody is building with this technology now,

(12:28):
which is incredible. All right, look at this. Kazakhstan may
fuel one billion dollar crypto reserve with gold, FX and
seized assets. So I think a lot of folks are
starting to take the model of the United States and
building their own crypto reserve, right, So expect to see
more of this, you know, game theories playing out here. So,

(12:49):
Kazakhstan's government is reportedly considering converting a portion of the
country's national fund assets, as well as part of its
gold and foreign exchange reserves, to fund a cryptocurrency reserve. Wow,
how times have changed. This is incredible news. Look at this.
Commonware secures twenty five million dollars from Tempo as stripe

(13:11):
paradigm deepened blockchain bet so. Crypto infrastructure startup Commonwear has
raised twenty five million dollars in a funding round led
by Tempo, a payments focused blockchain network, underscoring a renewed
effort to scale blockchain based payment systems. The deal first
reported by Fortune on Friday, is notable because Tempo was

(13:35):
launched in September by fintech giant Stripe and crypto venture
firm Paradigm. Commonwear said other investors participated in the round
but declined to name them. Commonwear develops open source software
that allows other companies to build and deploy their own blockchains,
supporting the growing ecosystem of payment oriented Web three infrastructure. Folks,

(13:59):
We're seeing on multiple fronts from traditional finance companies, traditional
payment companies, banks, and much more. It's fascinating and now
they're starting to make investments, so that should tell you
where we are headed. It's going to be incredible when
this technology is running throughout the economy, the markets, and governments.
And that's why I've been saying they will all run

(14:20):
on blockchain rails. That is the end goal, folks. That's
the news. Let me know what you think. Leave your
thoughts and comments below hit the thumbs up button. A
great way to support the podcast is by subscribing to
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on substack linko being in description. Check out my book
on Amazon and my course at mycryptocourse dot com. This

(14:41):
is a comprehensive course that teaches you everything you need
to know about crypto folks. Thank you so much for
tuning in. I appreciate you all, and I'll talk to
you all later

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