CRYPTO RALLIES AS BITCOIN REVERSES! $1 BILLION BITCOIN TREASURY SPAC!

over one hundred and five thousand dollars. So over the past four weeks or so, I've been sharing with you guys the chart of bitcoin being in the overbought zone, and we were headed to the over sold and we went down and touched the zone which I think is near the bottom, which is ninety a k. I've said that many times in my newsletter as well as on the podcast, but I want to be cautiously optimistic here because we've seen the markets fake us out. It doesn't

mean the bull market's over. We're talking about the micro here. In the macro, we are headed to new highs, but the path to that is going to be balls. You've got to expect volatility in this market, so don't be surprised if Bitcoin rolls over again to test the ninety ak or goes to ninety six K. Just something to keep in mind. I'm not saying it's guaranteed. I'm not saying it's absolutely going to happen. It's just that as educated, informed investors, we want to be prepared for all cycles

and we don't want to get faked out. We want to look at the data and look at what the charts are showing at. So Bitcoin, it's RSI bottomed out around thirty seven or so, but it could go down and that RSI could touch the thirty level or even below. We've seen this time and time again. It just depends on how things play out and we'll just have to be patient. But we're also seeing moves from the stock market as well, specifically the S and P five hundred.

So as I've been saying, global liquidity is the leader here, showing us the path where all assets are going to go to. Because as the central banks and governments around the world continue to inject liquidity by debasing their currency, printing more money at prices are going to follow. So you're seeing gold, silver, crypto stocks, real estate all hitting new highs, right, and they do have their turns. There's kind of a cycling of the liquidity, so they don't

all pump at the same time. But if you just zoom out on the charts, you see all these assets are moving and of course it's all driven by global liquidity. Now, if you go to the micro there's demand for certain stocks, there's demand for certain real estate in certain regions, there's demand for certain cryptos. But the overall rising tide is that global liquidity that is taking the prices to new highs.

So this is where you have to be patient and go through the cycles because it is volatile whether you're in the stock market or crypto. And look, I know crypto is more volatile. Of course, specifically for the stock market. SMP five hundred confirms hidden bullish divergence on the daily. So you're seeing the bounces across the board here and even certain all coins started bouncing like ethereum, X or

P and others. So that's a good sign. Like I said, just be prepared for a retest of somebody's lows, and it's not going to be an extended thing. Could be something quick and then the market finds its actual bottom and starts moving or like I said, this is maybe the bottom and we're moving up. So just remember what I'm telling you here so that you can control your emotions and understand the path forward. Now here's some very

bullish news coming out of the Federal Reserve. So here's the headline. Federal Reserve officially ends reputational risk oversight, easing crypto banking restrictions. So we're seeing easing from the OCC, the FED, the FDIC, everything is being opened up here for crypto because this acid class and technology is here to stay. And the banks are ready to participate because we see that legislations on the custom of being passed

stable coined legislation as well as market structure. So the banks, many of them, are already signaled they're ready to launch their own stable coins. We recently reported on JP Morgan launch their deposit token. Bank of America confirmed just about a couple of weeks ago that they are ready to launch their stable coins, and even all the major banks Bank of America, JP Morgan, Wells Fargo are looking to work on a joint stable coin, which I think has the vibes of a CBDC. So you got to watch

out for that. So, guys, things are opening up very beautifully here for crypto. It's going to allow more capital to come into the acid class, more adoption, and much more, which will lead to higher prices. So this is great news.

And on the legislation front, eleanor terrorit is reporting that the Banking GOP is aiming to put out Principles AKA and Overview of Core Ideas slash values for its Market Structure bill at some point either later today or tomorrow ahead of tomorrow's subcommittee hearing on the matter. So now that we're seeing a stable coin legislation has been wrapped up in a Senate and it's moving to the House. We're seeing this Senate is now starting to focus on

market structure. So many of you know President Trump gave the mandate that he wants the bills on his desk by the August recess to sign him into laws. So the sooner Congress can get this done, the faster these things can become law, and that will open up a ton of capital to come into the acid class, a lot of building and innovation and will all lead to higher prices. Now moving ahead, Anthony Pompliano he's in the

news here. So Anthony Pompliano is getting involved in a company that's going to have a bigcoin treasury strategy. It's a big one. So here's the headline. Anthony Pompoliano's pro Cap to go public in a one billion dollar bigcoin treasury SPAC deal. So many of you may have heard of spas and how companies can use those to go public and much more. And this is a big one by pomp I mean one billion dollars, so pretty incredible.

So pro Cap raise five hundred and fifty million dollars in preferred equity and secure two hundred and twenty five million dollars in convertible notes. Now Michael Saylor put the blueprint out there for this, right, But these companies are now looking to go buy up or buy a bunch of shares from a company that's already public, and this allows their respective company to go public and of course do the whole stock arbitrage with buying bitcoin and raising

debt and all that stuff. So the transaction announced Monday positions the new entity pro Cap Financial Incorporated, as one of the largest bitcoin treasuries ever to hit public markets. So the company plans to generate profit not just by holding bitcoin, but by actively deploying its bitcoin balance sheet across yield, generating strategies that mitigate risk and capitalize on

crypto financial infrastructure. The legacy financial system is being disrupted by bitcoin, pomp Leiono said in a statement, pro Cap Financial represents our solution to increasing demand for bitcoin native financial services among sophisticated investors. So, folks, this trend, as I've been saying for a long time, over a year now, with Sailor and what he's doing and other companies entering in this trend, is not ending. It's going to go beyond Bitcoin to all coins, and we're starting to see

a bit of that. We've had news around Solona, etherorem and XRP as treasury reserve assets. Now what's appealing about your Solanas and your etherorems is the staking component. So you have that built in yield feature if you want to call it that. But you don't necessarily need that, but it is a great attribute. XRP and bitcoin have to find defive ways of earning that yield. So it's incredible.

I mean, one billion dollars that's to buy bitcoin. That's pretty incredible and speaking of the treasury reserve asset strategy,

a semiconductor firm sequons to raise three hundred and eighty four million dollars for their bitcoin treasury. So roughly two hundred and forty companies now hold bitcoin in their treasuries, nearly doubling from one hundred and twenty four just weeks ago. Combine, they control around four percent of the total bitcoin supply. So we're seeing adoption on many fronts here and it's happening globally, folks. Quick word from our sponsor and that is vchain. Vchain is one of the top layer one

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this news. Crypto hedge fund executives to raise one hundred million dollars for BnB treasury vehicle. This is so interesting. So according to Bloomberg, former executives at Choral Capital Holdings want to create B and B Treasury Company. So, as I was saying earlier, you know they're going to go beyond bitcoin, and now B and B is entering the game. Now this is actually surprising because BnB is a exchange coin. It's the native coin of the Binance exchange. So very fascinating.

But look, if all these assets are going to move with global liquidity and they're in the top tens or they're getting exposure, they're very liquid, they're gonna do well, They're gonna make returns. And if these guys play their cards well and they do the arbitrage with raising their debt and with their stocks, it could work out. Now, what we have to watch out for this could lead to some sort of bubble because not everyone's going to be a winner. I'm sure not. Everybody's going to be

doing this the right way. It comes down to the team how they manage this. So this could be something that takes us into a bear market with some collapses. I'm not saying all these companies are going to collapse and there's going to be some massive collapse of everything, of course, not right, but some will. I mean history has taught does this in market, So let's see how

this all plays out. That's why you want to have a profit taking plan near the top of this market, to walk away from the bold market with money because bear markets do return. So if anyone's telling you there's never going to be a bear market ever, again, they are lying to you. History is not on their side. And we see that the crypto market, stocks and all these things, real estate, it's all correlated to global liquidity.

And if there's a downturn in liquidity and the Fed has to raise rates and you know, we go through another tightening cycle, of course we're going to see a bear market. Right, That's the nature of how the economy and the markets work. Now. Anchorage Digital, which is a

crypto custody firm, they have added defied capability for institutions with uniswamp wallet integration. So we continue to see the infrastructure being set up for institutional investors, not just retail. I think for the most part retail has all these things, but for institutions the big money. So this should be a clear indication folks, there's demand, there's more money to

come into this market. And as I said earlier, with crypto legislation, once that gets passed, a lot of capital that's been sitting on the sidelines are going to jump in because there's no longer a risk. It's a market that's regulated and protected, and the governments are putting in the guardrails and much more so. Nathan McCaulay, who I've

had on the podcast a few times. He's the CEO and co founder of Anchorage Digital, build the integration as enabling institutions in DeFi to move at crypto native speed without compromising security. So among the company's portal wallets clients are Maple, Finance, Suite, Foundation, and Decentralized Exchange DYDX. Other companies that have rolled out institutional wallets or platforms include

block Damen, Fireblocks, Consensus, and Fortify. So folks, the on and off rams being built here for more capital to come in. Now, we were talking about, you know, all

coin treasury strategies and much more in Defied Development Corporation. I actually interviewed the CEO last week and I'll be publishing that into this week. They're using a Salona treasury strategy. But look at this. Their stock is going on chain via Kraken Exchange, so they're going to tokenize their stocks that The company's CEO described its stock tokenization as a DeFi lego block suggesting it serves as a foundational piece

for decentralized finance adoption. So, you know, we've been talking at nauseum on this podcast about stocks and equities and traditional assets going on blockchain, and it's going to create truly global markets twenty four to seven, three hundred and sixty five days a year, no more opening and closing bell. You know, for years we've talked about that, and it's

coming to fruition. So it's pretty amazing to see that these things are going on chain and it's just going to open up a lot of new opportunities and investment products, and it's pretty incredible. So let me give you to some details here. So Defied Development Corporation, a Salona treasury company formerly known as jen Over, announced plans to tokenize

the shares through a partnership with crypto exchange Kraken. According to a Monday announcement, the company will use x stocks, a tokenization platform created by backt to bring its shares on chain. Kra Can announce a partnership with x stocks in May, promising to offer investors tokenize shares of US listed companies such as Apple, Tesla, and the Video to users in other regions. The platform is built on the

Salana blockchain. Incredible stuff happening, folks, and this is where you, as an investor, you can hold a stock for Defied Development Corp. You can also hold the token of the Salana blockchain. Right holding the token of the blockchains that are being used as the rails. That is where you have the opportunity to take the bet. Unlike previous asset classes and technology where hedge funds and many folks have gotten ahead of time, you can participate freely in buy

a fraction. You don't have to go put a minimum of one hundred thousand dollars or anything. You can buy literally one hundred bucks of the Salona token, one hundred bucks of xrpe bitcoin and so forth. So that's the game changing aspect of this asset class. Now, final news item,

cipher Mining begins bitcoin production at three hundred megawats Black Pearl Data Center. So we're seeing miners are starting to ramp up because we're headed, I believe, to the top of the market. So they're going to look to grab as much bitcoin, and of course they sell their bitcoin and you know they're going to get transaction fees and much more so. Cipher Mining has started bitcoin production at its three hundred megawat Black Pearl facility in Texas, marking

a significant milestone for the company. Phase one of the Black Pearl site is operating at one hundred and fifty megawats what's an initial hash rate of two point five EXA hashes per second, expected to increase to nine point six extra hashes by the end of the third quarter. Cipher Mining aims to maintain low production costs and scale

as quickly as competition intensifies in posts having market. So the race is on and they I wouldn't be doing this if the bull market wasn't still a thing, right, or bitcoin was still going to be going up because these miners they have to be profitable and if they see a surgeon demands coming the price rising, they're going to get more fees, more buyers, so they're going to ramp up here. So expect to see the hash rate

for bitcoin increase significantly. And that's very bullish folks. So remember have your profit taking plan even if you don't hold bitcoin. But we know bitcoin leads to the market, so we're going to use it as a measuring stick to get an idea where we're at. And while no one can call the exact top, we want to look for the top zone and that could be you know, over a three month period, we can say, hey, look, signals are flashing that this thing is nearing the top.

So you want to start taking your profits, and like I said, we want to walk away from this bullmarket with money in our pockets. I've often shared my strategy the profits that I take, I will be using the pay off debt, add to my retirement, spend a little of course, and then take some of that and reinvest

it in the bloody bear market. So as we start heading into a beer market and the prices you know, go down and look, they may not go down to seventy to eighty percent like we've seen in the previous markets, because you have ETFs and much more. But maybe it goes down by fifty percent, right or sixty so not as deep or maybe less, maybe it goes to forty. I don't know. We'll just have to wait and see.

We don't have a crystal ball, but nevertheless, want to take profits off the table and then rinse and repeat. You know, relative to other asset classes, this is still very early, so there's still juice to be squeezed out of this orange, if you know what I mean. And with legislation in place, you're going to see a lot of buildings, so there's going to be a lot of new stuff coming by the time the next bull market arises. Right,

you have, Each cycle has its own narrative. You've seen icos NFTs AI memes and I'm not a fan of memes, but you could see a big boom and deepen and tokenization even further it tokenization as we head into the next bull market, which is around the next having of twenty eight. So let's see how this all plays out, my friends. The important thing is Like I said, we walk away from this bull market with money in our pockets. Folks, let me know what you think. Leave your thoughts and

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