We have a huge update around the Crypto Reserve and what President Trump is going to do with Bitcoin and all coins like XRP, Cardano and Solana. I'll give you the details and what Howard Lutnik had to say. And a Nasdaq listed company is about to buy Ethereum as we see expansion beyond Bitcoin, and there's a lot of updates around the White House Crypto Summit that is coming up this Friday. I'll give you the 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 hit that subscribe button as well as the thumbsup 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 bitcoin on the move. It is back over ninety one thousand dollars again, and
the validation for this move is the RSI. As I've been telling you guys, bitcoin was super over sold and the only direction left to go was up right, these sellers became exhausted. Now, obviously we got that incredible fake out with the Trump announcement about the crypto reserve on Sunday, so that kind of threw a monkey wrench and a whole system. But since then Bitcoin has been slowly and
steadily moving up, going at a normal recovery pace. And of course you can see it is above the trend line, the two hundred day moving average, which is what we've been watching closely to see if it was gonna hold that trend line and keep going. And it is, guys. So this is a very good sign. Now, as always, I want the market to continue to confirm this and prove itself because we could get faked out again. We've seen this time and time again. This is just the
normal volatility in the market. And we don't want to get too caught up in the micro, because we on this podcast look at the macro, because if you are too caught up in the daily and the hourly, you're gonna get wrecked. You're gonna get impatient, you're gonna get discouraged. But if you're looking at the macro, guys, the macro shows where we have come from, where we're going. This bull market's not over, and we have a bull off top to head to this years so it's very important
to exercise patients here. And if you look at the Bitcoin monthly chart continues to look bullish. The monthly RSI also not flagging that the top is in. And you see a green candle is forming here on the chart despite the red candle that took place in January into February. So guys, we're on track. Nothing deviating here. And here is a massive bullish sign. Look at this DXY chart,
major dumb happening. Red candle after red candle. As I've been sharing with you guys over the past week, the DXY started breaking down, different analysts calling for it to continue to break down. Now it's going to find bounces on its way down. For example, it's RSIs nearing the over soul zone. So you can see a bit of a cool off here and a little bit of a bounce, but the trend is downwards, meaning it's going to continue to break down. Nothing goes down in a straight nine
and nothing goes up in a straight line. I hope you guys understand that. And here's another positive sign. And you look at the SMP five hundred, you're seeing a bounce there. You look at the NASDAC you're seeing a bounce there. Both are also near the oversoul zone, so you see what's happening here. Guys also bouncing off the two hundred day moving average. So it's funny how this all works, right, But what's driving all this is global liquidity.
Global liquidity has been on the rise, and all assets follow global liquidity. So the more currency that is printed, the more the basement that is happening globally. It's sending acid prices higher. And look at this. We got to report here that China has a new fiscal and monetary stimulus, and of course they're printing. China has ramped up fiscal and monetary stimulus on Wednesday, pledging increased efforts to boost consumption and mitigate the effects of an escalating trade war
with the United States. Such central bank stimulus measures often lead to increased liquidity, which can spill over into various risk assets, including bitcoin. Guys, it's the same thing over and over in the United States. They're going to raise the debt ceiling again. They're going to have to go back to money printing, quantitative easing. They may call it something different this time around, doesn't matter. All Cuchral banks have to do this because it is the Fiat money system.
There's no way around it. And yes, they go through cycles of quantitative tightening where they pull liquidity out to cool inflation because the genesis of inflation is from money printing. So they go through these boom and bus cycles. We left a bus cycle of twenty twenty two and we've been in a bull market since, and the Fed has been on the path to a looser monetary policy, pausing rate heights, now cutting rates, and then they're going to
have to service the debt by printing. Guys, all of this is very good for crypto and even the stock market. So I hope you understand what's happening here. So when in doubt, zoom out. We are seeing some positive signs. I'm not saying we're going to skyrocket to one hundred and twenty thousand by next week. Don't get me wrong. There will be volatility, right, it's going to a chop, but then comes the parabolic moves like we saw in November and December. So you just got to be patient.
All right, guys, let's go into some news. We got further confirmation of who's going to be attending the White House Crypto Summit on Friday, which will be historic. It's the first ever crypto summit, and of course a lot
of industry players are going to be there. We got a confirmation that Robin Hood's CEO of Vlad will be there, Krakens CEO, Michael Saylor of Course, Brian Armstrong, coinbased CEO, Sergey Nazarrov of chain Link, Kyle Somani of multi Coin Capital, Zach Witkoff, a co founder of World Liberty Financial, Jp Richardson, the CEO of Exodus, Matt Wwang of Paradigm, David Bailey, CEO of Bitcoin Magazine. This is being reported by Eleanor Terrott, and she said the Winklewass twins of Gemini will also
be there. Now. Coin Telegraph also had a list and they said Ripple CEO Brad garling House is going to be there. I did not see it down Eleanor Terott's list, but it's team. Some people are saying Charles Hoskinson is supposed to be invited, but he's apparently not going to be there. I don't know, so we have to wait and see for the final list. But look a lot of big players and industry CEOs are going to be there.
So this is really good for the industry and how the United States government and the crypto industry is going to work together moving forward and getting legislation and clarity through. So very bullish. Now some people have been asking will this be live stream? I'm not sure yet. They haven't released details. Probably not. You know, some of this maybe closed door. Maybe there's a photo op. Right they show all of them together meeting with the President. But I
don't think they're gonna live stream anything. And I'll try to get you guys the takeaways. I will be traveling on Friday over and into the weekends, so I'll try my best to report what's going on now. Today there was a really important crypto meeting. Eleanor heard of Fox Business said this afternoon, a group of House Republicans, including Tom Emmer and Ryan Steele, hosted a crypto power lunch
to discuss digital asset policy initiatives and legislation. Attendees included representatives from crypto trade organizations like the Blockchain Association, the Digital Chamber, Paradigm A sixteen z coin, flip Coinbase Anchorage, and Digital Currency Group. Just yesterday, guys, we heard that Tom ember and Richie Torres, who's a Democrat form the Blockchain or Crypto Caucus. So this is awesome, guys. We are seeing so much progress and amazing collaboration with the
government and much more so, really really great stuff here. Now, quick word from our sponsor, and that is bitgo, which is one of the top tier crypto custodians in the industry. Bitco has been through many bull and bear market cycles. They're headed up by Mike Belshie, who's a web one
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big updates around the US Crypto Reserve. We know that Donald Trump on Sunday tweeted out or shared on truth social that all coins will be added to the crypto reserve. In addition to Bitcoin, you will have Ethereum, XRP, Solana, and Cardona. However, there's been a lot of controversy, a lot of fighting among industry folks, and today we got updates from Howard Lutnik, who's part of the Trump administration. Bitcoin to be treated differently from all coins in the
US Crypto Reserve, says Howard Lutnick. Let me give you guys the details. Here's a quote. The President definitely thinks that there's a Bitcoin Strategic Reserve. Commerce Secretary Howard Lutnick said, now there will be the question of how how do we handle the other cryptocurrencies, And I think the model is going to be announced on Friday when we do that.
So at the White House Cryptos Summit we could hear the exact details I think what they may do is create the Bitcoin Reserve as planned as the bill was put together by Senator Lummus, and then with the Sovereign Wealth Fund that they announced they would also create that would be used to invest in the all coins. That is what I think is going to happen. But we'll have to wait and see what they decide to do. But it looks like we're gonna hear something big coming
out of this summit. Guy, this is really great. And Lutnik also said the following a Bitcoin Strategic Reserve is something the President's interesting and he spoke about it during the campaign trail, and I think you're going to see it be executed on Friday. Nick said, so bitcoin is one thing, and then the other currencies, the other cryptotokens,
I think will be treated differently, positively, but differently. So reading between the lines here once again, I think Bitcoin Reserve is a separate thing, and then the Sovereign Wealth Fund may be used to invest in these all coins. But TBD, guys, but I think a lot of people are going to be paying attention on Friday to see what ared takeaways from this summit. Now, the Bitcoin Reserve is making a lot of progress among states within the US. We saw a lot of them in voting, pushing it
through their house and then to the Senate. Now some have rejected it. Don't get me wrong, you know, this is still a very new concept of many people. But look at this. Texas Strategic Bitcoin Reserve Bill has been placed on notice of intent for today, so really big. I think the crypto friendly states like Texas and others will most likely pass it. It won't be all of the states, of course, right it's going to be crawl, walk, run, and we just need one and then maybe two and
then you know, the other dominoes are gonna fall. Game theory will play out here and then on the federal level. This is happening on the federal level. It will make it easy for many states to do this. So things are moving ahead. Now. Some interesting news around Etherorem Guys, a publicly listed company on the NASDAC by the name of Bioonexus gene Lab has approved Etherorem as its primary treasury asset. This is interesting. We've been seeing a lot
of companies add bitcoin to the balance sheet. Some have added bitcoin and Etherorem, but the majority have been bitcoin. Following Michael Sailor's micro strategy, or I should say strategies, strategies blueprint. So now they're going beyond that and going to etherorem I told you guys, right, I've been saying this for years, that it'll start with bitcoin, but they'll
go to other assets. And I think they'll do a basket, especially as there's more clarity now with the SEC and all these cases getting dropped, and there's ETF's launch, and then you have the President of the United States talking about these assets XRP Salona Cardano, so we could see XRP Cardana and these other assets be added to balance sheets as well, guys, because you know it's as Paul Tutor Jones said, bitcoin and crypto is the fastest horse
in the race. Yes, you can put gold, you can put a real estate, you can do stocks, but bitcoin and crypto are outperforming all those things, right, So don't be surprised if you see more companies go beyond bitcoin
and at all coins. Very bullish in my opinion. Now early Solona Backer Foundation Capital raises six hundred million dollars for its eleventh fun We continue to see a ton of capital flowing into this crypto industry, and these folks are buying both the tokens and investing in the companies building the infrastructure of the market. So Foundation Capital has raised six hundred million dollars for Fund eleven to continue backing early stage startups, the early Salona backers. New fund
will target crypto, fintech, and enterprise AI investments. Folks, I hope you see what's happening here. The activities that were happening in Web two and Web one point zero are happening now for Web three with crypto and also AI. And obviously Crypto is really carrying the mantle of Web three in the way we move and transact with each other on the web. So you are seeing a lot of capital coming in. It's interesting. You have a lot
of these tradifi hedge funes and vcs. They're now either fully going into crypto or they're launching a separate arm up their business that's dedicated to crypto. And I've told you guys a lot about them over the years. Obviously A sixteen Z is the biggest and well known is Brevin Howard, and lots of big names. They are getting involved in crypto and they have to. They will look like idiots. If they don't, this is the future, and as we continue to get more clarity from the government,
these folks are going to jump all in. There's a lot of capital still sitting on the side sidelines, just waiting for that clarity. Just look at what happened with the ETPs. Right before the et apps, a lot of these firms on Wall Street couldn't touch crypto directly. The sec saw one two one was blocking them and much more. But now the shackles are off and they're going to go all in. Now we have updates here from coinbase.
Coinbase eyes tokenized securities as crypto regulations shift under Trump administration, Guys, as we've talked about for years, everything will be running on the blockchain. Real estate stops, everything will be tokenized. The markets and the economy will be running on blockchain, and it will be twenty four to seven, three hundred and sixty five. I've often said, no more opening or closing belt, no more weekends, closed, holidays close. The markets
will run twenty four to seven fractionalization. And obviously because of the blockchain, you can have more efficient markets, and markets can expand to be truly global. The only truly global asset class right now, guys, believe it or not, is crypto because anywhere in the world you have internet connection, you can buy a fraction of bitcoin etherem XRP, whatever
it may be. It doesn't matter where you're at. Not everyone around the world can access to the NEYRK stock exchange, and especially they can't access on weekend or you know, it's not twenty four to seven. Crypto is. So you're going to see all of these things moved to the blockchain. That's why Larry Fingk told you, guys. He said it. The future of finance is tokenization, guys, So let me
give you some details here. Coinbased chief financial officer Alesia has express optimism about renewed discussions with the SEC's Crypto Task Force, which could potentially allow the company to introduce a security token and international crypto products to the US market. So this is a very smart move by coinbase, right and we know their partner with black Rock, black rocks
using them for custody and all these things. So get ahead of the curve here, go tokenize some of those stocks in different commodities and things like that and trade them internationally. Hey, you want to get access to Tesla stock you're in I don't know whatever country, right, you can now and you can do it through our app, and you can. It's fractionalized and you can do a lot more. You can do some DeFi activities with it. This opens up secondary and tertiary markets and much more. Guys,
I hope you see where we're headed. I hope you see what these players are doing. Right, and this type of news unless you are looking for it and researching in crypto, it's not going to make the big headlines on Fox and CNN and whatever mainstream news network. Jim Kramer is not going to tell you about this, right, but it's the classic Watch what they do, not what they say. And you are seeing the move towards getting all these things on the blockchain. And this is why
crypto is here to stay. It's going to boom. And you have the opportunity, unlike any other acid class in history, to hold the tokens and to participate. And you don't have to be accredited, you don't have to be a or a hedge fund. You can simply buy a fraction of it and hold it. And the tokens obviously are a big part of the blockchains. You can't have the blockchains without the tokens, guys, especially if it's a public blockchain.
Now you can have private blockchains, and that's fine, but not everybody's going to use a private blockchain and they're not going to be as valuable. And many folks try to create private blockchains IBM JP Morgan of course, and guess what, Ain't nobody gonna trust it because it goes back to the same wall garden problem. Why would I
trust what's happening behind your doors? Put it on a distributed ledger system that you can validate transaction and is open to the public and is decentralized and all that right, So very smart move by Coinbase here. Now, the folks at Ripple are backing a new association called a National Crypto Association. Stuart Aldaradi of Ripple tweeted out the NCAA officially launches today and I'm excited to join as president in addition to my role as chief legal officer at Ripple.
What's the NCAA going to do, you asked. It's putting a spotlight on real people and businesses using crypto every day. NCAA is not a political organization. It's open to all, not limited to a specific project or protocol. So this is really great building education and awareness to help people to understand the use cases and the utility around crypto because you know, there's a lot of sensationalized headlines out there. There's a lot of people who don't understand things and
human beings. When they don't understand something, they fear it, right, and they often have misconceptions about it. So education is so important. We have to do this. With the internet, right at one point, people are like, I'm never going to use the internet. I'm not going to shop online, right,
I'm never going to use a smartphone. It happens at every technology, but with crypto it's even worse because crypto involves finances and money and currency, and that is something that it's hard for people to break through because they've been programmed and trained by the government and every facet of society. The only currency that you should trust is from the government, but that's only been a limited part
of the history. Going back to human civilization, people use different forms of money and different means of exchange, and we are at an inflection point where that is changing and the way we transact with each other with change, and the world is going through an epic change right now, guys. I mean just think about this tech revolution starting with
the Internet and then with blockchain and crypto. Now because of that AI and then robotics because you couldn't really have proper robotics without the AI technology or the blockchain technology to police it. And all of that's going to lead to different types of exploration into space. This is why there's a big push now the space race right with Elon and much more, because we have the technology to help us, the AI, the robotics, and the ability to transact and move value when we're not all in
the same place. This is where digital currency that can't be hacked because of the blockchain comes into play. So you see how all these technologies, intralink and the new economy so to speak, the new way of doing things is upon us. It's a big change, and for many of us who are used to the old way or
have experienced it, it's tough, right, it's scary. But put a new generation coming up, this is what they're going to know, just like people who grew up with the Internet or any new technology throughout history, whether it be the automobile, electricity, airplanes, trains. Right, there's a point when where some folks are scared of those things. But time progresses, things will move on. Technology always wins, Disruptive technology always wins, guys.
So this is what's happening here and now Ripple c our Brad garling House also waiting. I think Ripple is proud to support the launch of the National Crypto Association. Over the past few years, crypto has catapulted to the mainstream. Today, fifty five million Americans hold and used crypto, and many more are curious where and when and how can I
use this tech in my life. The National Crypto Trency Association, a chain agnostic, non political nonprofit, is here to help by educating and raising awareness of all the utility that crypto technologies are bringing to real people every day. Now, final news item here, guys, our friend Brian Brooks, who's of course been a crypto champion for a very long time.
When he was at the OCC years back, you remember he green lighted the banks the whole crypto Now, ultimately Elizabeth Warren and her cronies under the Binding administration shut that down right, but now that has reopened but Brian was ahead of the curve here, you know, getting that done, and he's joining Axelar as an advisor, so pretty big here. It's good to see him back in the industry. He's
been kind of quiet for a while. I think after the Finance US situation and everything after he left, he left like right away, he went to go work there and left. I think as he saw things were not good, and I think since all those things have been put to bad, he's coming back into work in the industry and starting to do more. So great to see Brian is back. He's a very smart guy. I've been trying to get him on an interview for a long time,
but he's a bit difficult to get. So you guys can tweet at him if you want me to get him on the podcast. But guys, that's the news. Let me know what you think. Leave your thoughts and comments below hit the thumbs up button. And a great way you can support me in the podcast, guys is by subscribing to my free email newsletter. It's one hundred percent free. It's on substack link being a description. Also check out
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dot com. Link will be in the description. Thank you guys for watching and listening. I appreciate you all and I'll talk to you all later.
