BITCOIN IS ON THE MOVE! MAJOR RALLY FOR CRYPTO THIS WEEK? SEC HACKER BTC ETF! - podcast episode cover

BITCOIN IS ON THE MOVE! MAJOR RALLY FOR CRYPTO THIS WEEK? SEC HACKER BTC ETF!

May 19, 202511 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Crypto News: Bitcoin rallies and has the highest weekly close ever, are we going to see a major rally this week for BTC and altcoins? SEC hacker gets sentenced.
Show Sponsor - ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/

💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX
🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com 
Sponsors:
🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 
🏠 Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that leverages smart contracts to facilitate property transactions globally https://propy.com/home/ & https://propy.com/home/ownyourtomorrow/ 
🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz 
🖥️ Sign up with Santiment to get quality crypto metrics - https://santiment.net/?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO 
📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/ 
✅ Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join 
🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/ 
🧙‍♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content" 

Follow on social media:
➡️ X(Twitter) - https://twitter.com/ThinkingCrypto1
➡️ Facebook - https://www.facebook.com/thinkingcrypto/
➡️ LinkedIn - http://linkedin.com/company/thinking-crypto 
➡️ Instagram - https://www.instagram.com/thinkingcrypto/ 
➡️ TikTok - https://www.tiktok.com/@thinkingcryptopod
➡️ Threads - https://www.threads.net/@thinkingcrypto 
➡️ Website - https://www.ThinkingCrypto.com/

🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676
🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl 

💼Business Inquiries💼
hellothinkingcrypto@gmail.com 

⏰ Time Stamps ⏰
00:00 Intro
00:37 Bitcoin analysis
04:18 SEC BTC ETF Hacker
05:51 UBS Wealth Crypto Investment
08:36 Ticketing on Solana
 ================================================= 
#Crypto #Bitcoin #Altcoins #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #NFTs #Metaverse #Podcast #ThinkingCrypto ================================================= 
The Thinking Crypto Podcast is your home for the best Crypto News and Interviews - crypto, cryptocurrency, crypto news, bitcoin, bitcoin news, xrp, xrp news, ripple, ripple news, ripple xrp, ethereum, ethereum news, cardano, ada, solana, altcoins, defi, news, interviews, podcast, metaverse, nft, altcoin daily, cryptosrus, coin bureau, altcoin news, bitcoin today, markets, investing ================================================= 
Disclaimer - The Thinking Crypto podcast and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. Note that links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!

Become a supporter of this podcast: https://www.spreaker.com/podcast/thinking-crypto-news-interviews--3464539/support.

Transcript

Intro

Speaker 1

Bitcoin is on the move. It had its highest weekly close ever and will this rally continue this week? With bitcoin and all coins moving upwards. I'll share the charts with you and you won't believe what happened to the guy who hacked the sec Twitter profile to announce the Bitcoin ETF announcement. I'll give you the details. Let's get into it. Hey, folks, welcome into the Thinking Crypto podcast, your home for cryptocurrency news and interviews. I'm your host,

Tony Edward. On your way in, please let that subscribe button as well as the thumbs up button and leave a comment below. Folks, I'm sure many of you saw

Bitcoin analysis

Bitcoin was on a move today. It pumped to one hundred and seven thousand dollars. It is knocking at the door of the all time high of around one hundred and ten thousand dollars, and once it breaks through that,

it will enter price discovery. So we're almost there, and it's moving in phases, as you can see, slowly but surely, and we're waiting for one hundred and ten thousand dollars to be broken again and then that should take us, I think, to one hundred and twenty thousand dollars possibly higher, so we have to be patient and let the rally continue. But what's interesting is that Bitcoin just closed the highest

weekly candle ever. That's significant. And look at this Bitcoin dominance, which we were tracking, has done a reversal, so it looks like Bitcoin is stealing the show again so that it can continue its move and eventually the all coins will follow. So while we thought the Bitcoin dominance was going to break down even further, it's recovering a bit. And this makes sense because the market follows Bitcoin. Bitcoin usually leads this show and then the liquidity rotates down

to the all coins. Now USDT dominance is kind of holding steady. It was breaking down similar to the Bitcoin dominance over the past few weeks, but right now it's consolidating. I expected to continue to break down because this liquidity goes the Bitcoin than the all coins. So this is further confirmation that a rally will be continuing, given to technicals and where the USDT dominance is right at the moment, and some folks are calling this possibly the final rally,

but we don't know yet. This is something I've mentioned to you folks that Q two could bring the blow off top and Obviously our timeline got pushed back due to the tariff situation, where it's usually selling may go away. Well, it's probably gonna be like selling June or sell in July. Obviously we need to watch this closely. But here crypto Wizard shared a chart showing the calm before the storm, saying the final rally has begun. Bitcoin has rocketed upside

and it's trading over nine percent higher. The journey is underway, yet some people will still doubt it, so let's see if he's right. I will definitely be taking profits in this rally folks, for Bitcoin and different all coins. And then you know, at that point, I'll take a look at the charts and the different on chain metrics to see where we're at and if there's still room for us to go up, because the final rally may come in late Q three or Q four, so we'll have

to be patient and watch the charts closely. But if you look at Bitcoin on the weekly chart, it continues to look incredible bullish. We got the weekly RSI which has broken out and it's not in the overbought zone yet. The MACD has flipped green, showing the bulls have momentum. This is something we saw in all the previous rallies

in this bull market, so the confirmation is there. And from the macro, we are seeing global liquidity continues to rise, so risk assets like the stock market, bitcoin and crypto they all follow this. So the SMP five hundred, the NASDAC, the Dow Jones Industrial are all seeing V shaped recoveries here and specifically, the SMP five hundred and the NASDAC are both above the two hundred day moving average back

in bull market territory, so all good signs. The factors are there for this rally to continue, and all of Ausden you have to expect volatility and be patient as we keep heading higher. So we could see bitcoin continuous rally this week and it may steal the show, maybe for the week or even a few days, and then cool off and then liquidity hits the all coins and they start moving again as well. It's the same cyclical

pattern we've seen over and over. So this is where you have to pay attention to the charge, pay attention to the on chain data and much more. And I will keep you guys updated in my newsletter. On the podcast, I'll be doing a livestream tomorrow, so just stay tuned for all that information. Now, folks, moving ahead, look at

SEC BTC ETF Hacker

this Alabama man sentence for hacking the SEC's social media to post fake bitcoin ETF news. Remember when this happened in early twenty twenty four before the ETFs were approved by the secs under Gary Gansler's tenure. Well, they found the guy. He's a twenty six year old man from Alabama and he's being sentenced to fourteen months in prison. And it was a shit show. I mean, it was a mess right that the SEC could not even protect their own phones and their connection to their social profiles,

not having the proper layers. But look, this guy did the crime. He's got to pay the time. So that's what's going to happen. But it's int that this is now coming to some sort of conclusion. I'm sure the SEC under Hester Purse, Markuwata and Paul Atkins are going to do better versus Gary Genzer, who you know, he was a scumbag regulator. Okay, folks, quickly from our sponsor and that is v Chain. V chain is one of

the top layer one enterprise blockchains. They're getting global adoption from different brands and companies who are building web three and sustainability projects. I'm a VET token holder, I have been since twenty eighteen. I'm very bullish on this project. Some of the great features of the v chain blockchain

includes it's secure, affordable, scalable, fast, and sustainable. Some of the brands of v Chain's working with includes Jivon, Chi, Walmart, China, BMW, PwC, and they are also partnered with Boston Consulting Group and the UFC doing some great things with Dana White and much more so. If you'd like to learn more about v chain, go to vchain dot org. Folks, I missed

UBS Wealth Crypto Investment

this news from earlier this week, and it's a significant one trillion dollar asset manager UBS reveals wealthy investors in increasing crypto allocations to five percent. So the major institutions are recognizing the demand that's out there because it's not just some retail it's some institutional wealthy investors. That's why there's a race between all of these Wall Street firms and banks and stock exchanges globally to build crypto services, and UBS is highlighting here that this is no joke.

These people are getting involved. They want to trade the assets, They want custody and they want financial products for it. So really significant news here. It's a sign of the times, folks, a paradigm shift that's taking place. We are seeing adoption like we've never seen before. And I got into market in twenty sixteen, so to see black Rock, Fidelity and all these big players launching their own crypto services is pretty incredible. And guess what this will increase once the

United States passes crypto legislation. Once the clarity is there, you're going to see the floodgates open because there are still a lot of people sitting on a sideline taking We're not going to touch that. You know, we have our risk management. We want to be risk averse because if it doesn't have clarity, we run the risk of getting lawsuits and all kinds of other stuff. Right, But once the clarity is there from Congress and that becomes signed into law by President Trump, all these firms can

go all in. And I'm not saying they're going to put all their money in, but they're going to start allocating a good amount. And just imagine, you know, all these firms adding five to ten percent of their aum to crypto assets. It's coming, so just be prepared. It's why I've been saying I'm prepared for future bull markets

as well, because we're still very early. When the legislation gets passed, you can imagine they're going to have their board meetings, they're going to put together their strategies, and it's not going to be an immediate thing. Oh they just passed yesterday, that means we go by today. That's not how these companies work, right. There may be a lead time of three months that's needed, and that could even just be putting together the strategy, figuring out the

safeguards to custody of much more. The actual buying may start in a bear market. So just things that think about, Right, they're pretty logical, and you're going to see over time game theory play out. One player goes, the other follows, and no one wants to get left behind. And UBS they've been involved in different things like tokenization. They have a page on their website called UBS Tokenies your Gateway to decentralize the financial markets. I couldn't imagine seeing something

like this years ago. It's so fascinating. So all of these folks, they want to launch financial products around crypto assets and also do a lot of tokenization and much more. Now,

Ticketing on Solana

look at this Salana ticketing platform. XP raises six point two million dollars. So XP, a ticketing resale exchange built with Salana rails, has raised six point two million dollars in a seed round led by block Change. The platform tells light Speed exclusively. L One D and Reflexive also participated in around. XP uses Salana rails for dis counter ticket sales, but hints at grander ambitions surrounding fan experience

down the road. So, folks, we're seeing a lot of the traditional industries are now going on blockchain, and even new startups are going on blockchain, and they're going to look to disrupt the incumbents. It happened in the finance industry of course, investment payments, it's going to happen in ticketing and media and marketing industry, a whole bunch of other industries are going to get disrupted. Real estate, of course.

So it's fascinating to watch this play out. And you got to look at the rails they're they're using Solana. I hold Salon in my portfolio because I see the adoption there, and I hold other coins as well. But they're going to target Ticketmaster and seat geek and so forth. So XP is one of a number of upstart ticketing exchanges seeking to disrupt the popular but widely dislike incumbents

such as Ticketmaster and seat geek. These ticketing titans caught the ire of the Biden administration, which just had a rule banning hidden so called junk fees for ticketing platforms to go into effect Monday. XP lists all in prices by default. It listed prices for tickets to the upcoming New York Mets games roughly track with prices on tickpic, another popular resale ticketing app. So this is stuff you

want to see. This is where we're headed. Blockchain being integrated into different industries, causing that disruption, and for the first time in history, you can take a bet by holding the native token of these blockchains that are getting the adoption. So really great stuff here. So, folks, that's the news. Let me know what you think. Leave your thoughts and comments below. Hit the thumbs up button to support me in the podcast. Folks, be sure to subscribe

to my free email newsletter. It's one hundred percent free. Link will being a description. Check out my book on Amazon. It's available in paperback, in digital, and my new course at mycryptocurse dot com. This is a comprehensive course that teaches you every aspect of crypto. Check it out, folks. Thank you for watching and listening. I appreciate you all, and I'll talk to you all later

Transcript source: Provided by creator in RSS feed: download file
For the best experience, listen in Metacast app for iOS or Android