🚨MRBEAST BIG CRYPTO PLANS & GOLD TO BITCOIN ROTATION!

Episode Transcript
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Speaker 1 (00:04):
Hey, everybody. Welcome into the Thinking Crypto podcast, your 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 below.
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or Apple, please leave a five star rating and review. Folks.
I want to talk a bit about Bitcoin's price and

(00:25):
what we may see happen next, in addition the rotation
of liquidity from gold over to bitcoin. And this should
come as no surprise because what I've been sharing with
you guys is the macro thesis of we are in
able market for all assets. We're in the everything bubble.
I've been talking about there for the past two years. Right.
This is all following global liquidity. So it includes real estate,

(00:47):
crypto stocks, and precious metals. And what we've seen lately
is not only gold taking off, but silver. Right. So
clearly the data shows, right if you go back and
look at the data over the past two years, that
all these things are going to hire valuation and it's
all following once again, global liquidity. So right now Bitcoin
an update from yesterday's podcast has dropped below the two

(01:07):
hundred day moving average. That's the bullmarket line in the sand.
I've often stated, if we are comfortably above that, we
are in a bullmarket. When we are below it in
a down trend, we're in a bear market. Now we've
seen throughout this bull market that bitcoin has dipped below
but recovered. So what we want to see, folks, is
Bitcoin recover out of here. The good thing is that
the RSI is at below thirty five. In fact, it

(01:31):
went below thirty four today on the daily chart. Now
it could go below thirty because we actually saw that
earlier this year with the tariff sell off right where
everyone was panicking and selling, and that drop was bigger,
and it happened over a longer timeframe of months, and
you know, people were like, oh my god, that's it.
Trump crashed the markets and so forth right. I think
a lot of people don't actually remember because they wouldn't

(01:52):
be freaked out as much about what's happening now. So
on the daily the macdi shows the bears are losing
some momentum. The macdee went from solid red to light red.
So if you know this metric and this signal, you
know that when you're solid, that's a very strong indicator.
When we're getting lighter, that's a weaker indicator. So we're

(02:12):
seeing some positive signs here, but we're not out of
the woods yet, absolutely not right. So I'm not saying
the bottom is in. That's not what I'm saying. I'm
saying we're close to it and we have to give
it time and let it play out. And then for
Bitcoin on the monthly chart, the bulls are still in control.
So that's one thing that's a big factor as to
why I think this bull market is not over. In addition,

(02:35):
October usually is a green month the year following a
bitcoin having, so we had the bitcoin having last year
twenty twenty four, and the data shows us that October's
are usually good. So could October recover It's possible, but
it's not guaranteed. So here analyst Crypto currently said rough
first half of October for bitcoin, especially when compared to

(02:55):
previous posts having years like twenty thirteen, twenty seventeen, and
twenty twenty one. Bitcoin can still turn things around here,
but we really want to see that start to happen soon.
So again, with the bitcoin being in the over soul zone,
bears losing some momentum on the daily chart. We'll have
to wait and see, but again not guaranteed. But let's

(03:16):
see if in another week's time bitcoin bottoms out and
then starts moving up. Right now, we're at negative six
point two percent or six point zero two percent, so
let's see what happens now. The other factor I've been
highlighting as to why this doesn't feel like the top
like the market top is the bitcoin dominance. It has

(03:38):
not waterfall or collapse like we've seen before, and right
now it's actually moving back up, so that makes sense.
It is slowly but surely creeping its way back up.
So where's that big collapse? Right? Where is it? It's
not like the previous market cycles, and the sentiment doesn't
match this. Please tell me which bull market ends in fear.

(04:01):
It's not like that at all. And not to mention,
you have gold ripping right now and we're going to
get to gold, so let me not get ahead of myself.
But USDT dominance, the stable coin dominance that is also
not collapsed like we've seen before. So why is this
all of a sudden? You know something people are calling
the toss because they see certain things on the weekly

(04:22):
chart and so forth. But you've got to balance all
these data points. And like I said, I'm not saying
the bear case, there's not a bear case. There is
a bearcase, but I believe the higher probability is on
the bull side because of the macro factors, the unchained factors,
and the chart factors. You got people using charts saying
the top is in. You can't just use one factor, right,

(04:44):
So I hope you understand what I'm trying to share
here and why I'm looking at this market from a
three to sixty point of view using multiple data points.
So bitcoin dominance has not dropped like before. USDT dominance
has not dropped before. And what we're seeing is that
tether they're minting. So today we had another billion, and
USD team minted. On October fifteenth we had a billion,

(05:05):
and October thirteenth we had a billion, So three billion
over the past week or so, and I expect this
to continue. And look, there's also other stable coins, but
we use each other as the main benchmark. So that
liquidity we know is going to make its way into
the market. And now jumping to the goal conversation, so
global liquidity as I've been telling you guys, is the

(05:26):
leading indicator here, and it's one factor, but when you
put it together with the other factors I just shared,
it's showing there's more upside, and gold is following that,
and bitcoin was following that. But slow down a bit.
But we've seen these deviations throughout the bull market. It's
not a perfect, you know, tick for tick. It's more directional.
We know that. Hey, if this is showing there's more upside,

(05:49):
regardless of the short term volatility, we're going to catch up.
So gold has been going parabolic, right, guys. But right
now it's actually pulling back a bit, and which I
think is healthy because holy how it is overbought on
the daily chart. If you go look at the RSI
metric for gold throughout its bull market cycle, there's never
been an RSI period extended like this. So it is

(06:11):
so overheated, folks, It is insane how overheated it is.
The RSI has been you know, hitting the nineties and
in the eighties, and usually you're in the overbought zone
as soon as you cross seventy, right, So this is
pretty wild. But hey, let's see, it may have more upside,
but this right, here is a parabolic euphoria move and

(06:36):
we're seeing retail lining up. There's people sharing on social
media across the world. People are lining up to buy gold.
So when have you seen stuff like that? Right? Usually
you see it for stocks and crypto, but it's on
the internet. But people actually lining up, that is a
top signal. You've got to understand when normis the retail

(06:57):
folks are lining up like this and you know we
can eat, go buy gold when it's been pumping like crazy,
going parabolic, that's a top signal. So I love the
breakdown that Crypto currently gave because he highlighted over the
past two years the correlation between gold and bitcoin and
when gold pump and cool down, bitcoin ran and vice versa.

(07:20):
So that correlation. This is the data now, No feelings,
are emotions, no bias here, This is just the data.
Go line up the charts yourself on Trading View and
you see they each have their turn. Right. I've often
said every asset has its day in the sun here
and there's rotation of liquidity. How many times have we
talked about that? So I believe with gold making its

(07:42):
move here and it's showing there's still life in this
macro bull market that I believe it's going to cool
down and then crypto and stocks are going to run again. Guys.
That has a strong possibility of playing out because of
how we've seen it run over the past couple of years.
So this is something a lot of people are sharing.
And look, it can't be the only factor again, because

(08:04):
some people only show this and say, see, bull market's
not over. But no, tell me what's happening on the
bitcoin multi chart. Tell me what's happening with the RSI.
Tell me what the whales are doing when on chain
data right, Tell me about bitcoin dominance, USDT dominance, like
all the things I just shared with you. Tell me
what's happening with sentiment. So this is why we need
to look at multiple factors and not to mention. The FED,

(08:26):
as we've been highlighting, is on the path to ramp
down QT, which means QE is going to return and
they're cutting rates. So all of these macro factors are
bullish for the markets. It's just in the short term
now it's very volatile and painful. Look, I get it,
my bags are down to guys, right, but I hope
you know me by now. I try to remain even
keel and level headed and look at the data. And

(08:48):
as I was telling you guys earlier this year in
the tariff crash, the data is just screaming to me
it's not over. Now. Could everything I say here be
invalidated by another black swan event? Of course, of course, guys.
And you know, like I said at the beginning, if
Bitcoin continues breaking down and it doesn't recover to the

(09:08):
two hundred day moving average, that's bear market city. We're
on that train to bear market City. But it hasn't
done yet yet, right, And these signals are saying over bought,
so it can't keep going down. There's going to be
a floor, if you know what I mean. So this
is where guys, we have to be smart and look
at the data and be patient as well. And I

(09:30):
think global liquidity and what gold is doing and what
the normy retail people are doing with gold is a
positive sign for the rest of the markets. Now, folks,
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(10:58):
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So check out the link in the description. Now, folks,
look at this news. Richest YouTube star mister Beasts is
firm files for a trademark with crypto ambitions. So we

(11:19):
know mister Beasts the largest YouTuber. I watch his content.
He does some pretty cool stuff and it looks like
he's going to dabble in Web three and it makes sense, right,
we see the direction to puck his heading in everybody's
going to integrate blockchain in one form of the other.
So let me give it to details Beast holdings tied
to YouTube personality. Mister Beast has filed a trademark application

(11:40):
for mister Beasts Financial with Crypto linked services. The application
includes language related to crypto and Web three, such as
managing financial services, downloadable software and SaaS tools for managing
crypto related functionality. The move hints at a potential push
into fintech and Web three, possible targeting mister Bees's massive

(12:02):
audience and could serve as a crypto on rep or exchange.
Some more details here is that the application includes services
like cryptocurrency payment processing, crypto exchange, and trading through a
decentralized exchange also known as a dex. So this would
be a smart move for mister Bees if he creates
some sort of app where he's able to offer a

(12:24):
token or NFTs but also allow people to buy crypto.
Right now, we'll have to see all the details, right,
don't trust We get to verify, right, We've got to
make sure that this is going to be built well
and with security in mind, and much more. But if
this is what he's doing, he's going to bring in millions,
potentially billions of people into Web three guys. And it

(12:49):
doesn't necessarily have to be folks buying crypto, but even
if they're using NFTs or they're using blockchain in different
ways with rewards, tokens and things like that, that is
something that's going to bring more people on chain, get
them more comfortable with using crypto related wallets, understanding blockchain
and cryptography and tokenization, and much more. So on. Social

(13:12):
media users are speculating mister Bees could be planning a
cryptocurrency exchange or crypto linked neo bank. I think it's
more of the latter. It's like more of a neo bank.
I don't think he's gonna go straight up this is
my crypto app, but you know it's gonna be tied
into his YouTube channel and brand where you can probably
buy his merchandise, his chocolates and things that he makes,
but also do cool things where we'll with rewards and

(13:35):
we'll see who he partners with. I don't believe he's
gonna be building this some scratch. It makes sense if
he partners with an existing infrastructure, right, like a coinbase
or like a PayPal or something, right, a company that
has these things already in place. So let's see this.
Whoever gets the partnership, I mean it's gonna be huge,

(13:55):
and mister Bees's brand is huge, guys. I mean, I
don't think I need to tell you all about that.
If you don't know who mister Bass, then you have
been sleeping under a rock or something. But this would
be a massive on ramp. So very bullish news here.
Now look at this news and this may be a
bit controversial because it touches a bit of politics and media,
but I'm here to report the news, so don't shoot

(14:15):
the messengers. Newsmax stock ticks higher amid plans to establish
a five million dollar crypto treasury with Trump token and bitcoin. Now,
I'm okay with bitcoin, right and the other assets e
theorem ICs repy the Trump token. I don't like that.
I've told you guys from day one, no president, Democrat, Republican,
independent should have a token, should have a meme coin.

(14:38):
So I'm not a believer in that. But I do
appreciate Trump being procrypto obviously, but I don't like that token.
But look, the treasury move continues, more companies buying and
putting assets on their balance sheet. Guys, this is bullish,
and again, as I said in yesterday's podcast, regardless of
if you like these companies or not, that doesn't matter.

(15:00):
What matters. They're buying the assets you're holding, creating a
more of a supplying demand economic shock, and they're putting
the news out in the public, so pumping you know,
the token and things like that. So let's ride the
wave that. I'm okay, you guys, keep buying but you know,
one of the things I said, I don't know how
many of these companies survive the bear market. So this

(15:22):
is why we want to make sure we take into
profits as we head to that blow off top folks.
And speaking of folks that are bullish, Charles Schwab CEO
Rick Worster remains bullish on crypto exchange traded products talking
about ETFs, stating that the asset manager's clients own twenty
percent of all crypto ETPs in the country. Crypto ETPs

(15:43):
have been very active, he said on CNBC on Friday,
noting that visits to the company's crypto site have gone
up ninety percent in the past year. Of course, so
all of Wall Street is capitulating, bending the knee, even Vanguard.
Remember the guys who were trashing crypto and eat yes
and so forth. Now, oh yeah, we're gonna listen, We're
gonna add it. Right, they all got to bend to

(16:06):
the folks. So Schwab currently offers crypto et aps and
bitcoin futures and plans to offer crypto spot trading to
its clients in twenty twenty six. So this will be
a huge on wrap guys. And guess what all Wall
Street's gonna do this, right, We've seen it with other
asset classes. It's not a matter of if, it's just
a matter of when, and they're gonna. I think many

(16:27):
of them are waiting for, like the Clarity Act to pass,
the Market Structure Bill to do more. That's from what
I've heard from interviewing people and even off the record conversations.
Obviously I can't tell you who, but you know, from
very credible folks, and they're just waiting. They they're like, hey, look,
we're doing some research, you know, testing the waters, you know, internally,

(16:48):
but we can't put out certain things yet because you know,
our legal team is saying, wait, wait for legislation, because
until it's a matter of principle, until it's in stone
that has been passed into law by Congress and not
let's say, an executive order by President Trump, because if
it's just an executive order and a new president in
four years or whatever can reverse that. But if Congress

(17:11):
passes it, it's a done deal, baby, right. So they
that's what they're waiting for. And it's amazing to see
what is happening and who's getting involved. Now. Final news
item here, Robin hood tokenizes nearly five hundred US stocks
ETFs on Arbitram for EU users. Now, many of you
may recall my interview with Vlad Tenev from earlier this

(17:34):
year in August actually, and we talked a bit about this.
If you haven't seen that interview, check it out, folks.
And you know, they chose Arbitram, the ethereum layer two
to tokenize, and they're all on board. They see what's coming,
and they're trying to beat a lot of the other
Wall Street firms, and they're doing it globally. So Robinhoods
has expanded its tokenization initiative on the Arbitram blockchain, deploying

(17:57):
eighty new stock tokens in the past few days and
bringing the total number of tokenized assets close to five hundred.
According to the data from Doune Analytics, robin Head has
tokenized four hundred and ninety three assets with a total
value exceeding eight point five million dollars. Cumulative mint volume
has surpassed nineteen point three million, offset by around eleven

(18:19):
point five million in burning activity, signaling a growing but
actively traded market. So guys, I mean, we know this
is just going to continue to expand and they're not
the only one we know kracking. Even Galaxy Wee Bowl
and a whole bunch of other folks are looking to
do the same. And again they're doing this globally, right,
So it's this is a tokenization race. It's amazing to

(18:43):
watch all this play out. And like I said, you
want to look at the blockchains that are being used,
so arbitrump, you may want to get grabbed the arb token.
Not financial advice, do your research now. Personally, I'm not
because i believe at this stage in the market, I'm
not buying I will be buying in the bear market.
So maybe I'll look at arbitraum. I'll let you guys know, right,

(19:03):
we'll see what else is happening on arbitrum. And if
robinhood is just using arbitrum as a testing ground, but
they decide to build their own layer to any theorem
or whatever else. Right, So these are the things we
have to consider, and you know, do our due diligence, right,
So we don't just fomo in because of a headline,
but we have to take the time to do the research.
And you know, I always share with you guys the

(19:25):
different factors I'm looking at when I'm investing in a
blockchain or a token. So I hope you understand what
I'm saying here, and now we'll continue this journey, folks.
Ari folks. If you appreciated the content, please please subscribe
to my email newsletter. It is one hundred percent free.
Link will be in the description. And check out my
book on Amazon's available in paperback in digital, and my

(19:47):
course at Mycrypto course dot com. This is a comprehensive
course that teaches you everything about crypto, so once again,
go to Mycrypto course dot com. Folks, thank you so
much for watching and listening. I appreciate you all in
I'll talk to you all later. M mm hmmmm

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