🚨FIRST US XRP ETF GOING LIVE TOMORROW! SEC CRYPTO ROUNDTABLE & HONG KONG ETF STAKING!

Tony Edward. On your way in. Please sit that subscribe button as well so 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, there's nothing new to report on the price. In this morning's live stream, we broke down the different things that are happening and that Bitcoin, even though it

started moving below eighty k, still holding up strong. But the stock market's still seeing a lot of pain, but nothing new and we have to wait for there to be some sort of resolution as it relates to the tariffs, and in addition, some sort of signal from the FED on ray cuts as well as quantitative easing. So at this point it's a waiting game. So just want to

let you know about that. Now big news. We got James Seyfford of Bloomberg, he's an ETF research analyst, said that too, cream from saying that right is launching the first XRP ETF in the US tomorrow. It's x XRP will be a two x long XRP futures. So the description from Bloomberg terminal is the two x long daily XRP ETF is an ETF incorporated in the United States. The fund seeks daily investment results before fees and expenses that correspond to two times the daily priced performance of

XRP for a single day, not for any other period. So, guys, a couple of takeaways here. One, the first XRP ETF. Clearly there's demand for this asset. And we saw that XRP futures went live on bitnomial and they will be going live on coinbase later this month. We know that there are over nine XRP spot ETF applications in with the SEC Now there's also solana ETFs and much more so the market wants all coin ETFs, and of course xrps up there, and we had some resolution with the

Ripple case. We're still waiting for the SEC to put the official announcement out, but the Ripple team highlighted that this thing is essentially wrapped up. They'll pay their fifty million dollars fine and move forward from there. So I expect the XRP, Solana and other ETFs to get approved. Is just a matter of time, and hopefully it doesn't happen anytime soon. It happens when the market is rebounding

out of this tariff madness, right folks. So, but this is a very good sign guys that this is going live. We're just seeing a lot more products around XRP going live, and like I said, there's appetite for a lot of all coins, especially those in the top ten. We saw avax, Hbar and even doge as well, So all good signs of things to come. This is very bullish in my opinion. Now, Attorney John Deeton weighed in on this news and he highlighted the juxtaposition of how things were four years ago

versus now. He says, what a difference four years makes and around this time four years ago, I was filing a motion to intervene into the ripple case, asking Judge Torres to allow a putative class of XRP holders to become actual defendants in the case. Most lawyers laughed at my motion, although to be honest, I didn't blame them or even get mad. It had never been done before. I knew Judge Torres would never force the sec to sue. At the time twelve six hundred XRP holders, which eventually

grew to seventy five thousand. But man, did it send the right message. Other than sending that message, my real goal was to be appointed a MESI counsel with participatory right, which in effect she did. In her summary judgment decision, she ruled XRP itself is not a security, citing XRP holder affidavits as one of the reasons for her decision.

On two separate occasions with her In a written ruling, Judge Taurus cites the efforts we made the affidavits and at footnote sixteen and today this is like the twentieth XRP related etf. Never say you can't make a difference, So shout out to John Right. He really helped in getting this resolve and helped put the SEC in check here under Gary Ginster's tenure. Of course, now moving ahead, the SEC has a Crypto Task Force roundtable this Friday.

This will be their second and there are actually five that are scheduled for this year, so this second one will take place this Friday. This meeting will focus on tailoring regulation for crypto trading and will include representativesm coinbased, UNISWAP, Cumberland, Falcon Network and others. So the SEC tackling different aspects of crypto at these different roundtables. Folks, this is what we wanted to see under Gary Ginzer's tenure, but we

know his actions were politically motivated. He was a puppet on strings being controlled by Elizabeth Warren, who was in turn being controlled by the Tradify incumbents getting disrupted. But it's night and day right, complete one eighty from what took place over the past four years, and incredible what the SEC is doing now to transparency, working with the industry, having dialogue meetings and much more so. I'm very bullish in the future of crypto guys. Things are setting up

really nicely here. Now. We also got news that Mike novograts is Galaxy Digital is redomiciling from the Cayman Islands to Delaware to take advantage of the US's new crypto friendly environment. The company plans to list on the NASDAQ after completing its reorganization. It currently lists on the Toronto Stock Exchange now. Mike novograts tweeted about this, saying, this is a big milestone for Get Galaxy. Our registration and

statement is now effective with the SEC. We're on track to list on NASDA shortly after our shareholder vote on May ninth, contingent on completing our reorganization. Let's go now. Many of you may know Mike Novogratz is a billionaire investor. He started in the tradfi markets. He came to crypto, built a huge firm. They've invested in many different companies

and coins, and they've been successful. Now, many of you know the blow up with Luna, right Mike, I think absolutely regrets that he got a terror Luna tattoo on his arm and all that. That was a shit show, of course, but I think he's learned his lesson. But regardless of that situation, Galaxy is a successful firm making incredible returns. And again signs that people are bullish, they're looking to go public. Right. We just saw a circle filed to do an IPO. E Toro had also filed

to be or to go public. So the signs are there that people see recovery in this market and the bull market continuing, and that crypto will continue to grow and going public and being listed publicly is going to be big for them. So, guys, a sign of the times and what's to come. Incredible stuff here now, guys. Quick word from our sponsor, and that is Treasure. Treasure makes beautiful hardware wallets that make it easy for you to safely store your crypto assets. Guys. So I'm a

big believer in self custody. I have been for years. I've been told. I told you guys, I don't keep my crypto and exchanges. I keep the majority on hardware wallets and Treasure. Guys, they were the first to create a hardware wallet. They started it all and in addition they created the seed phrase setup, so they were the pioneers. They started this in twenty thirteen. They have some very beautiful products. I'm a big fan of the Treasure five, specifically,

I own that device. It's easy to use, and they support a variety of tokens, all your top tokens, your Big One, your Theorem, your XRPS, Salona, Cardano, much more, doge coin, and they even support new coins, even institutional coins. For example, they support black Rocks, Biddle, Tooken, Yes, the tokenized Money Market Fund, which is incredible, and they have a software suite called Treasure Suite that allows you to

easily manage all of this. And they also offer a one on one service to help you get your device up and running, so you can work directly with a customer service rep to help you get your device up and running, and they answer all your questions. So Treasures wallets are open source guys. They've been doing this for a long time and they have amazing functionality and capabilities. So if you'd like to learn more about Treasure and grab a Treasure five a product that I use, you

can check out the link in the description. Now, folks look at this. We continue to see major Wall Street firms get involved in crypto, whether they're launching products, tokenizing, or they're investing in different companies. And here Franklin Templeton leads a seed round into a stable coin startup looking to outsourced yield generation for users. So not only does Franklin Templeton have ETOs, Big one, etherar metfs and they have just recently filed for an exart p ETF. They

are tokenizing and now they're investing. Do you see where things are headed? Right? They're not bearrish on crypto, guys, black Rocks, not bearish on crypto. They're bullish, but they have the macro view. So the company they let a seed round in is called cap Cap and they led an eight million dollar seed round. This is a blockchain startup looking to launch an interest bearing stable coin and

accompanying lending market. So the funding round follows a one point one million dollar community round on the crowdfunding platform Echo created by Jordan kobe Fish. Previously, Angel investors in cap included prominent members of the so called mega eth mafia, venture capitalist Spencer Noon, Layer zero founder Brian Pellegrino, BlockWorks founder Jason Janowitz, and investors as so sated with platforms

like ether Fi, Steakhouse Financial, and Meteoria. So Cap is deploying its core protocol using the shared security marketplace eigenlayer, which allows users to reuse the security generated from staked assets around multiple platforms. The solution ultimately settles on Ethereum, but will focus its growth and usage on megaeth. Then they send etherorem layer to design as an alternative to the roll up centric universe. Guys, I mean, I don't

know what else to say. I see the biggest firms in the world on Wall Street, banks, stock exchanges are much more going all in on crypto in many different ways and facets. It's incredible. So this is I often say, these type of news items are not making headlines on CNN, Fox, MSNBC, the mainstream right. The masses are not paying attention to

what's happening here, but eventually they will. They're going to be using the technology and they're going to come in late, but the opportunities here to get in early and obviously make great returns. Now, Crypto, of course is a global asset class, and we continue to see a move towards crypto globally. So Hong Kong allows crypto staking for licensed platforms etf as global competition heats up. Guys. Remember what I've been saying, and I wrote the newsletter. Hong Kong's

the testing around for China. I believe China is going to open up ETF investing for bitcoin in e theorem to its mainline citizens. And the reason why the ETFs will be appealing it allows the capital to stay in the country. One of the challenges or what the Chinese government is trying to do is they've tried to put various to capitalism leave their country. But if people put it into bitcoin in the ETF format, it ain't go nowhere.

It's staying there, right, it's a financial product. Now if they buy the bitcoin directly on exchanges, it can easily be moved out. So this is why I believe China is going to embrace this because it fits within what the hell they're trying to do. Whether it's right or wrong, it's not for me to debate or here, but I'm just giving you my thoughts and the facts about what's happening.

So this is huge. So Hong Kong's top financial regulator now allows licensed crypto platforms and exchange traded funds to offer staking services, marking a step closer to the region's ambition of becoming a cryptocurrency hub. Guys game theories playing out here dominoes are falling globally. In a statement release Monday, the Hong Kong Securities and Futures Commission said it provided regulatory guidance about staking for licensed virtual asset trading platforms

and for crypto ETFs. Here's a quote. We have noted investors demand for staking services and the potential for staking activities to contribute to the security of the blockchain now work. The SFC stipulates that vatps must obtain the regulator's prior written approval before offering staking service, and crypto ETFs are

also required to seek approval to engage in staking. Specifically, crypto firms are required to implement safeguards to prevent service related errors, protect clients staked crypto assets, and clearly disclose associated risks. Guys, is what I've been saying for a long time. They're not gonna ban it, they're gonna embrace it.

They're gonna put the guardrails, they're going to tax the hell out of it, right because they want their revenue off of it, of course, and I hope you recognize that globally, there's a movement, a race here for the land grab. Now. One of the things we're waiting for here in the United States is for the SEC to prove staking in the etherorem ETF, and then when they add other proof of steak all coin ETFs, they also

include staking there. I think, as I've been saying, that once staking is added to the eth ETF, it will attract a lot more inflows and it could be a strong narrative and catalyst that drives the price of etheroum higher as the bullmarket continues, and helps ETH because it's and suffering this bull market. So very bullish news here. Now this is news I highlighted in the livestream earlier, but I have to, you know, mention it again because it's so huge. So former Binance CEO and of course

the founder, cz Or changpangs out. He just was appointed by the Pakistan government as a strategic advisor to Pakistan's Crypto Council. Remember he just did this for Kyrgyzstan. So shout out to Sizi man, he's doing some amazing work here. I know, indirectly this helps Binance, so it's a smart move on his part, but it also helps the adoption of crypto and he's going to these countries you know,

who are maybe smaller countries. They don't have all the resources, they don't have maybe a lot of entrepreneurs in the crypto industry there. So he's going educating them, advising them on blockchain and much more so. Once again, look at where the puck is going right for crypto. Incredible stuff here. I mean this is just huge and countries which you wouldn't even think about would be involving crypto, like what I've thought. Okay, what about Podkistan, right or Kyrgyzstan. You know, somebody,

these countries are very small. You don't hear much about them. They're not top of mind. But look, crypto is a global asset class in technology. I'll say it for the million time. Your economy, your markets, and your government will be running on blockchain. That is the future. As Larry Thing said, tokenization is the future of finance. They're going to put everything on the blockchain, guys. So that's the news. I know the tower of stuff is causing a lot

of fear and uncertainty, but guys, look past it. As always when in dowed zoom out, it's all higher highs and higher lows. Yes, we have a roller coaster ride in the markets. Yes there's crashes in markets, right, it has happened throughout history. But what happens recovery. They're going to print money the world government's essential banks, the FED is going to do it. They may not call it

quantitative easing, they'll call it something else. But as long as they're injecting liquidity and that comes from debasing the currency, asset prices will rise. So I hope you understand how this game works, and you understand the macro here, and you're not listening to Jim Kramer, but you understand the principles of the market and what's going on. Folks, let me know what you think. Leave your thoughts and comments

below hit the thumbsup button. A great way you can support me in the podcast is by subscribing to my free email newsletter on substack. It's one hundred percent free. Also check out my book on Amazon. It's available in paperback and digital. And my new course at mycryptocurse dot com Expand your crypto knowledge. Knowledge is power. This is a comprehensive course that covers every aspect of crypto. It's at mycryptocurse dot com. Guys, thank you for watching and listening.

I appreciate you all. And i'll talk to you all later two of three two