The FDIC is making a huge update to their guidelines to allow banks to participate with crypto. This is big as it follows the repeal a SAB one two one and very bullish. And Blackrock is expanding it's bigcoin ETF to Europe. And you won't believe what's happening to the SEC lawyer who's been working on the Ripple case, it's really funny. I'll give it to details. Let's get into it. 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 at that subscribe button as well as a 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, we are seeing macroeconomic signals that are pointing to the FED is going to return to quantitative easing soon. I'm not
the only one seeing this. There are many credible sources who are highlighting this, and the big one that a lot of folks are flagging is that the Federal Reserves Reverse Repo facility hit their lowest inventory in three hundred and eighty five days today. So this signal is that they're going to have to print guys. And even Bill Barrheight of Abro, retweeted this saying, quantitative easing is coming. They may have ten different names for it, but it's coming.
Protect yourself. And even Spend Heinrich, who's a well known trader. I've had him on the podcast last year. He says, I don't even know every plot twist in this movie, but I know it ends with QE. So, folks, over the past two years, we've been talking about Janet Yellen's liquidity injections. We've been talking about the Fed's path towards going back to money printing, because that is the status quo,
that is the Fiat money system we live in. And you may say, well, what does this have to do with crypto, Well, remember all assets are correlated to global liquidity. The reason global liquidity rises is they continue to print money and inject it into the system. Whether it be China, Canada, the United States, and whichever other countries, they all have to do the same thing. Now it's boom and bus cycles, right, and I've been telling you guys, we're entering the next
boom cycle. They're going to go back to printing, and that's why all the debt ceilings that they keep raising. They're gonna have to service that debt somehow, and they've been on the path to it. It's been taking years, obviously, but this is where you have to have a macro view and be patient when you're investing, because we are going from quantitative tightening. We saw they pause rate hikes, they started cutting rates, and obviously they're going to fire
up the money printers. So many folks are recognizing this, and I hope this is helpful that you understand why we have to diversify into assets and crypto, as Paul Tudor Jones said, is the fastest horse in the race. Yes you can invest in stocks, Yes you can invest in real estate and gold and precious metals, but nothing moves faster than crypto. You get a higher return. This is how we outpace the the basement and the inflation guys.
So hope you understand that. Now big news coming out of the fdiice many of you know the SEC recently repeal saw one to one, which now allows the banks to hold crypto. But the other part of that is the insurance right you got to have the FDIC in line as well, so that these banks can participate with Bitcoin, crypto, stable coins, and much more so. Reports are coming out here that the FDIC plans to revise crypto guidelines and allow banks to engage in crypto activities. The FDIC aims
to allow banks to engage in some crypto activities. Banks met with officials to discuss crypto custody, tokenized deposits. Do you see what's coming? Do not get distracted by the price volatility that we're experiencing right now. A lot of people, I'm starting to see the sentiment. They're getting bearsh they're getting tired, they're getting frustrated. But this is part of the cycle, guys. You got to be able to stomach through it. It is a roller coaster ride on the
way up. But if you have a macro view and you dolo cost average in you buy the blood on the streets and you are patient, you will make incredible returns. Now my portfolio is up, guys, even though I wanted to go higher, but I understand that, Hey, look, this is part of it. I bought the Blood in twenty twenty two in the bottom when FTX collapse and much more even in January twenty twenty three, and now my portfolio is up significantly. I'm sure many of you who
bought at that point you are up significantly. But it runs in phases. You can't have a continual pump and pump and pump. That's not how markets work. And you have to understand the global liquidity part and all these different things. That's why I try to give you the full pitcher, guys. I give you all the puzzle pieces to help you understand what's happening here. But this is
very bullish news. The banks are going to bring in a ton of capital when they are able to custody it and create financial products, and they're going to go pitch it to all their customers, both institutional and retail. It's going to bring in a lot of capital. We still have higher prices to go. The bull market's not over, guys, and check this out. Black Rock is expanding. So Blackrock they're bearish and they're crying right now. They're like, go,
oh man, the price is not moving. No, they're expanding their building because they know this thing's not done yet. So Blackrock is launching bitcoin ETFs in Europe, and they said here the fund will likely be domiciled in Switzerland and could start marketing as soon as this month. Blackrocks I Share Bitcoin Trust is the largest US ETF tied directly to bitcoin, with fifty eight billion dollars in assets, and the firm is a leader in exchange traded fund issues,
managing over four point four trillion dollars in assets. So we know Blackrock is the world's wealthiest asset manager and their ETF has been blowing all the records out of the water, the fastest growing ETF in the history of ETFs. So they see what's on the horizon. They're expanding globally. They launch an etherem ETF. They're gonna launch other ETFs once the SEC gets it approved, Solona, XRP and much more.
They know what's coming, guys, now check this out. Micro Strategy Michael Sailor's Micro Strategy has rebranded to Strategy, so they drop the micro and of course their slogan is Strategy is the world's first and largest bitcoin treasury companies. So really interesting move here by Michael Sailor. And one of the things I've been telling you guys, you know, I am a bit concerned with all the leverage they're using,
so hopefully everything works out well for them. I don't have a problem Michael buying bitcoin, but if you're using excessive amounts of leverage, Historically, the history of markets has shown us that that is not a good thing. Look at two thousand and eight and different things. Right, So, but I'm hoping nothing bad happens and it works out when the bear market comes. I think he'll be fine. Now, bull market, the price goes up and all that. But
let's see what happens when the bear market comes. Now. Remember Jorge Tanaro, the SEC lawyer who's been you know, attacking Ripple, lying here and there, some hypocrisy here and there. Well, you know, I told you guys the other day that the SEC is pretty much dismantling its crypto enforcement unit and Orgey has been moved to the IT department. When I read this, I just bust out laughing. This is hilarious, this guy man, and he's been trolled, you know, over
the years because of all the things he said. But you know he was doing Gary Ginster's dirty deeds, and uh, of course, but you got to have some sense of understanding and morality and not do all the shady stuff he and Gainser were doing. But maybe him Gainstter are best friends or something like that, and even Ripples Stewart Aldaradi tweeted out. Sources say Jorgey Tenaro has been reassigned
to Macro Data refinement. Oh man, all these guys gainst Their, Elizabeth Warren, Jorgey and whoever else that were attacking the crypto industry, they have been defeated, embarrassed, and they're gonna be long gone. This industry is here to stay. I've often said that Elizabeth Warren and Gary Ginter were on the wrong side of history. And here you go, folks, all of this is coming to fruition guys. Quick word from our sponsor, and that is Uphold, which is a
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and all that. So if you'd like to learn more about Uphold, visit the link in the description. Now, guys, yesterday I talked about David Sachs press conference, and I told you, guys, it was a big win, even though some people are disappointed. They were expecting a whole bunch of other stuff. But I mentioned that look, government takes time to do things, and the fact that you have all these different government agencies and factions joining together to
form a kind of crypto council is incredibly bullish. It's something that's not been done before, and I see this as a great foundation, rate start that is going to get us to where we want to. And even Ripple CEO Brad garling House weigh in saying any criticism of today's press conference is absolutely missing the forest for the trees.
Having the Chair of the Senate Banking, the Chair of the House Financial Services, the Chair of the Senate Agriculture, and the Chair of House Agriculture joined the Crypto Zar to commit to passing legislation for crypto clarity is one hundred percent a big deal and something we haven't seen before. Spot on, guys. So we got to be patient and as Brad says, don't miss the forest for the trees. This is a huge win. Now moving ahead, we got
big news around Onto Finance. Remember just recently, Onto Finance partner up with Ripple to tokenize one hundred and eighty five million dollars of US Treasury offerings on the XRP ledger. So Onto Finance launches tokenization platform for open on chain access to US securities. So this is pretty big. So the new platform is designed to open up on chain exposure to US public securities such as stocks, bonds, and exchange traded funds. Guys, what have I've been telling you
for years? Right, They're gonna put everything on the blockchain. The economy and the markets will be running on a blockchain. It doesn't happen overnight, doesn't happen in one or two months. It's gonna take years. But the groundwork, the pipeline is being laid here. Please don't miss what's happening. And you want to make sure you're taking your bets on the blockchains that are being adopted, whether it be by the government or these trad FI institutions like black Rock and
so forth. So they're gonna put everything on the blockchain. It's the token economy. I've been telling you guys for years, and we're gonna have twenty four to seven trading, no more opening and closing bill. Truly global markets and secondary and tertiary markets will be able to be opened because of the tokenization. Because you can fractionalize, you can do DeFi, you can wrap these assets things you can't do now right in an analog or semi digital world with stocks,
but put them on the blockchain. It opens up a world of opportunities. So here is a quote what stable coins did for dollars. Onto Global Markets will do for securities on the route in its Tuesday announcement. By leveraging blockchain technology, we can bring institutional grade financial markets on chain, making them more accessible, transparent, and efficient. Now I don't hold the Ondo token, guys, but I'm going to have
to start researching. Maybe this is one I take a bet on in the bear market because I haven't looked at the price chart, but it could have ran up already and I only have so much dry powder and I don't want to spread myself too thin. But this is one if you know, I would look into. I'm not saying you should have invest in it, but I
would say look into it. Do your research right. So onto GM is expected to solve issues in the current securities investment environments such as high fees, limited access, transfer friction, and lack of interoperability. Guys, it's incredible what is happening.
So the newly launched tokenization platform will offer exposure to over one thousand securities listed on listen to this the New York Stock Exchange and NASDAQ, including fixed income ETFs and individual stocks of companies such as Apple and Tesla. According to announcement, guys, they're gonna put gold, They're gonna put every commodity, every security, real estate, will be tokenized, cars, artwork,
you name it. That's what's coming. So pay attention, keep it in the back of your mind, and you may want to look at, you know, how you can leverage those tokenized assets if you choose to. You know, let's say, buy some tokenized Tesla stock. Right, I own Tesla stock, but I may want to look at, you know, if I get the tokenized version, what can I do with it? Can I lend it out? Can I create something where
I earn passive income? These are things I'm paying attention to, and as these things mature and become more fleshed out, I'm gonna look to participate, And of course I'll share that with you guys on this podcast. What I'm doing, how I'm doing it, and if it's making me money or not, if it's good or bad. Right, we want to test everything out. Not everything's gonna be perfect. I've often said version one point zero of anything is not gonna be great. It's gonna have bugs, right, so we
got to be patients. Here's another quote. Tokens issued in the onto GM platform will be each backed one to one by an underlying asset like a public stock, and will be freely transferable like stable coins outside the US. Like I said, global markets, truly global markets, right now we get semi global markets. Right. So that's the news, my friends. Very bullish things are happening. I hope you recognize it. I hope you're not moving by your emotions based on what the price is doing. Now it's gonna
bottom out, We're gonna have another pump into the next phase. Guys, just be patient. Patience is a big part of investing, and when in doubt, zoom out. And of course, if the looking at the prices bother you step away from it. If the market is not doing anything, don't even look at it. Guys. I have not looked at my portfolio
in days because I know the market's down. There's no point in looking into my portfolio, right even though I'm up right, but I'm down from let's say the Q four run up because everybody's down right now, but I know its phases right, so just be patient. Let me know what you guys think about this news. Leave your thoughts and comments below hit the films up button. Guys. A great way you can support me in the podcast is by subscribing to my free email newsletter one hundred
percent free on substack linko being a description. Also grab a copy of my book, Rethinking Crypto. It's available on Amazon and paperback in digital. You can also check out my new course it's at Mycrypto course dot com. This is a comprehensive course that covers every aspect of crypto and guys. The best thing about it which no other crypto course offers it includes expert commentary. I'm talking founders, CEOs,
institutional investors explaining different aspects of crypto. So you are hearing from people who are actually building, who are investing, who you know, they are neck deep in this industry building, so you will get all that. I packed it with as much value as possible from my experience in starting in crypto in twenty sixteen, so you will get a lot of value out of this. It's a one time fee for lifetime access. You can share it with your
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