MORGAN STANLEY'S BITCOIN ETF PLANS REVEALED! RIPPLE XRP LEDGER AI & TETHER USDT KPMG

price of bitcoin, because right now it is trading below sixty six thousand dollars. So we are seeing a downward move here for bitcoin, and it appears that the rising channel we were in has been invalidated. We were certainly looking for Bitcoin to go up to eighty k maybe a little bit higher, but of course no move to new all time highs. This was simply a relief rally

and then a rollover to lower lows. Now I have to say that we got to let this complete, or let the week complete, and see what the weekly close brings us. It could still be on the table, but the probability of us continuing higher is getting lower. So just be mentally prepared if Bitcoin were to do another leg down and dump to the fifty ks, at which point I think it finds the bottom between fifty to

let's say, fifty four thousand dollars. I actually wrote about this in today's newsletters to make sure you check that out. It's one hundred percent free, but I have some charts and things along those lines in there. So we got to be careful here because you know, they could be further downside. Obviously, there's a lot of macro factors with the economy, oil prices, of the war in Iran. Not to mention, the stock market itself is showing a ton

of weakness. One good sign is that the SMP five hundred is touching the over soul zone, so we could see a bounce, a relief rally, but not to new highs. Then it continues to roll over and if it doesn't get a bounce, maybe maybe that helps Bitcoin to continue its move higher again not too new highs, and then we hope alquins can follow. But right now not looking good, and we're gonna have to wait and see how Sunday closes and what next week brings us. Okay, folks, we

have an update on Morgan Stanley's bigcoin ETF and the fee they're gonna charge. Well, they are looking to compete because they set the fee at zero point one four percent, which is the lowest in the market once approved. So it hasn't been fully approved yet, but they're looking to make a splash here, so certainly going up against the

competitors like your black Rocks and others. So we've been talking about this that Morgan Stanley, you know, a bit late to the game, after Blackrock, Fidelity and all the other big Wall Street firms took their position, but nevertheless, better late than never, and even the naysayers like Vanguard and others are jumping in. Here's what James Seyfert's ETF analysts at Bloomberg had to say about the news. He said, Wow, we have the fee on Morgan Stanley's spot bigcoin etf

MSBT will charge just zero point one four percent. Big move here. They are not messing around. Likely to launch in early April. So I'm very curious as to what the inflows are going to look like because Morgan Stanley does have a lot of clientele, a lot of capital that it can certainly push into that et app So we shall see. But the fact that they're lowering the fee is a very very good sign competition is heating up, and that's very good for the market. Now, interesting news

here from Ripple They are rolling out an AI driven security upgrade to the XRP Ledger. This includes AI assisted testing and dedicated red team to catch vulnerabilities before they hit production. So I think every major blockchain is going to do this right. They have to leverage AI in different ways. And here's what Jay Otto Akinley from seeing his name right, who's head of engineering at Ripple X. He said, we're taking a more proactive AI driven approach

to strengthening XRPL security. That includes AI assisted testing across the development life cycle, a dedicated red team, and higher standards for how changes are evaluated before they go live. As the XRP ledger scales to support global payments, tokenized assets, and institutional use cases, our goal is to continuously strengthen its reliability. The reality is the work of building secure,

reliable financial infrastructure is never done. So great to see that these updates are being done across different chains and obviously here on the XRP Ledger. This is all good. Okay, folks. This episode is brought to you by Treasure, which makes self custody of your crypto assets. Easy. Treasure makes beautiful hardware walts. They were the pioneers of hardware walts and the seed phrase setup. They started this back in twenty

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So this is really great. Now look at this, folks.

The New York Stock Exchange owner, which is the Intercontinental Exchange doubles down on Polymarket with a fresh six hundred million dollar investment. Now we know the New York Stock Exchange itself is going all in on crypto and tokenization, but they're looking to invest in platforms like prediction markets, which are blockchain based. So it's amazing what's happening to see these trad five folks of this caliber, you know, investing in crypto companies. It's amazing. It's amazing. And their

total commitment to polymarket is about two billion dollars. Yeah, that is wild, but this is the future. They recognize what's happening and it's gonna take It would take very long time for them to go to build something like this, so they can easily acquire these companies or you know, bring them into their fold, so to speak. And uh, I think we're going to see more and more of this, especially as the Claritiac gets passed and we have the

clear rules of the roads. A lot more capital is going to come in investing in companies, buying the tokens and much more. But not everyone is happy. You got

some Democrats who are pushing back against the Kansas Fed over their approval of Kraken's master account, so you can. Elizabeth Warren and here specifically, Maxine Waters, the ranking Democrat of the House Financial Services Committee, is demanding answers from the Federal Reserve Bank of Kansas over the approval of Kraken's Financials Limited Purpose Master account. Now we know Maxine Waters and Elizabeth Warren two grandmas. They don't care about

why it was done. No, they're getting their marching orders from the likes of the Jamie Diamonds of the world, right the bank series who are getting disrupted. You know, Jamie Diamond doesn't like this. He doesn't like that these folks can have their own stable coins. He doesn't like that they can get fed master accounts. He doesn't want that. Right, he's the incumbent and he's trying. He's been fighting for years, and we know at one point he was trashing bitcoin

and crypto forever. Now he's capitulated, right, his bank is offering cryptos services and much more. But that's not going to stop him and his buddies from lobbying the hell out of these top democrats like Maxine Waters and Elizabeth Warren. So this is why we need to get the Clarity

Act pass. These people are not gonna stop. I mean, just the other day you saw Elizabeth Warren Is sending a letter to mister b saying, mister Bees, Jimmy Donaldson told us about your acquisition of Step and what you're gonna do with Crypto, with gen z Ers and much more like, really, let the regulators have that. Why do you need to send a letter to mister Bees. But again, guys, I hope you see for what it is. It's just

a lot of bullshit. Right. They are simply getting the big fat checks in the mail from the banks, and they're going around trying to shake down people. Give them a hard time, slow them down, roll block them, right because you can imagine again just like you know, Jamie Diamond, and these guys don't like crypto companies getting banking licenses and master accounts. They don't want anybody with a huge

following being able to set up the abilit to move money. Right, this is how it works there, incumbents who have been doing campaign donations for a long time, you know, calling up pulling those strings, right, Hey, Elizabeth Warreon, Hey Maxine Waters, go stop these guys, right, we don't like what they're doing. Again, not that these folks broke the law. They did anything bad, just disruption, right, So that's why you have these grandma's right.

We're out there attacking these companies. It's pretty crazy. Final

news item here we have details on who the auditor will be for Tether's usdt SO. KPMG, one of the top four accounting firms, has been highlighted as the auditor, and I actually just interviewed someone from KPNG. That interview

should be published over the next couple of weeks. They're doing a lot with crypto and blockchain, and it's incredible to see these firms which existed way before crypto are now adopting the technology in different ways and great to see Tether is going through the respective processes here to meet the requirements of things like the Genius Act and much more and further legitimizing the work they've been doing. There is a lot of fund out there. I've been on record how I feel about it. I have no

dog in a fight. I'm just about facts I've said in the early days of Tethers set up. You know, I even interviewed people from who are creators or founders of Tether, and I asked them about this and they're like, yeah, look, I don't think the ship was right in the early days that things were not buttoned up, but to say that's the case now is just asinine. Right, Teather has been doing antessations. They got Canter Fitzgerald backing them, you know, saying, hey,

they've got the reserves. Now they're going to bring in a top four accounting firm. But you're gonna still see people who are fludsteries, who are either getting paid or there's something behind the scenes, right you want to bring down Tether, you know, regarding their bias or whatever it may be. But this is really great and looking forward to seeing the audit that's put together here, folks, that's the news. Let me know what you think. Leave your

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