🚨PREPARE! BIG WEEK FOR CRYPTO & RIPPLE XRP LEDGER BITSTAMP!

I'm your host, Tony Edward. On your way in. Please let that subscribe button as well as a 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, we have a very big week coming up. The FED is expected to start cutting rates September eighteenth. We will hear the announcement and many are expecting twenty five basis points, but it

could be fifty. I'm personally anticipating twenty five basis points and from a macro perspective, this is very good. This is the start of the easy money cycle. Cheaper capital people will be able to borrow at a cheaper rate. Of course, we went from quantitative tightening to pause to now going back to quantitative easing, and they will have to start to print money to service the debt. So

all of that means asset prices will rise. However, as I've been saying, this is a bloody September, it has not been good for market, so we can expect a lot of volatility. Guys, we could see things dump possibly this week. And hear a credible crypto who's a great analyst. I've had him on the podcast a few times. You know.

He highlighted on his chart here what he expects for bitcoin as we head into later September before we hit October, and bitcoin could potentially dump below fifty thousand, going to around forty six forty seven thousand. Now this is not a guarantee, but as educated inform investors, we want to be prepared for all scenarios. Mentally, be prepared for both the bullish and the bearers, so that when these things happen,

are emotions don't take hold of us. We're looking at the analysis, we're looking at the macro, we're looking at the fundamentals, so be prepared for additional volatility. I would love for bitcoin this week to start running up to new all time highs, but the higher probability is we see a lot of volatility, maybe a little bit more downside before we find at bottom and we head up to new all time highs as we start Q four,

which has historically been very good for the markets. Now, some other indicators that have shown that we have not hit the top yet is the bitcoin pie cycle top indicator. You can see here that orange line, which is the one hundred day moving average, has not crossed the three hundred and fifty day moving average, and in fact he started deviating a bit as bitcoin pull back. So guys,

we are still on track based on historical patterns. If you go look at the chart on Trading View, look at where we were at in twenty sixteen of September twenty sixteen, where we were at in September twenty twenty, similar patterns playing out here. Bitcoin ran up fast earlier this year, hitting a new all time high before the having so it's now slowing down to normalize to the normal market pace if you want to call it that.

So we're still on track. I think earlier this year we were all thinking this thing is moving faster and expected we're going to see new all time highs one hundred k sooner than later. But Bitcoin's like no pump brakes. We're going to get back to normal pace here. But a lot of it is because it's following the macro cycle as well. The other factor that's very bullish the supply and exchanges remains low. It continues to dip. That's

very good. That means there's less selling happening on the exchanges. What we've seen historically is when bitcoin starts hitting new highs, the supply heads up to the exchange and people start taking profits. This actually took place back in March into May, as Bigcoin was hitting that seventy three thousand price, the exchange volume started spiking. So this is why we want to look at different metrics to see what's happening in the market. Tell us the story and the other factor,

as mentioned earlier, money supply is going up globally. Global liquidity is up. If you look at the Fed's website the M two money supply in the United States, it is up, folks. This data is public, you can go look at it. So I'm not lying here. I'm not making this up. This is data you can go research. Now, another major factor that's going to drive a lot of liquidity into the market is right now, money market funds

have about over six trillion dollars in them. And I tweeted about this today, and in fact, Nate Jerrasi and I had spoken about it back in August when I interviewed him. Essentially, a lot of investors put their cash into money market funds because they were earning over five percent interest right so they were earning a high yield. It made sense I did that. I spoke to my financial advisor who handles my equities and stocks and so forth, to put a ton of cash into the money market

funds because you're at risk free, you're earning that yield. Well, as rates start cutting, where's the capital going to go, folks? They're going to start to go risk on the investors, that is, they're going to go back to equities and crypto and so forth. So that's a lot of money that's going to start coming back into the markets. Now. Is all six trillion going to jump into the crypto and stock market overnight? Of course not this thing will happen over time, but that's a whole lot of capital.

People are going to start pulling out to say, you know what, I'm going to go back into risk assets because it's going to help me to get a reasonable return. As rates are dropping. And of course the DXY the dollar currency in next I expect that to start breaking downwards and we need to go below one hundred where it's going to be full risk on, folks. So a lot of macro factors here at play that will impact the stock market in the crypto market. So it's one

thing to look at charts. That's okay, you know, we want to look at the charts. That's going to tell us give us an idea where we may be headed. But we got to look at the macro and what's happening around us that will influence markets. Where is the liquidity coming from. If there's no liquidity, then the charts don't they're not going to work right. Needs to be liquidity. So that's why we have to look at the money supply, We have to look at money market funds on what's

going to happen here. So this is a very significant week, folks, and we've got to report here that on Friday, US bitcoin spot ETFs log the highest daily inflows in nearly two months as Bitcoin challenges sixty thousand dollars. So once again, this data came in on Friday and it had the highest single day inflow since July twenty twenty two. Despite the industry leader of black Rocks I bit logging no significant inflows or outflows. What's fascinating is that black Rock

has been pretty neutral here. It hasn't been swaying one way or the other. They haven't been getting a ton of inflows, but they haven't been getting much outflows. That's good. Apparently the Blackrock advisors may be telling folks just hold hoddle, don't do anything right, and that's smart. Now, the other ETFs in the market so inflows. I saw the folks at Bitwise Asset Management they were tweeting a bit about it. They often tweet about, you know, the days when they

have millions of dollars coming in. So this is a good sign that these ETFs for the most part, are holding steady. Of course, you're going to have outflows. That's normal because there's a lot of advisors in rias now in the market and they're gonna have clients that say, hey, I want to jump out and they're gonna have to adjust it, right, This is normal in et aps versus let's say, most crypto people who are seasoned are not going to jump in and out because of the price

of fluctuations. Now they're new, right, they're newbies and rookies. Of course we've seen that, but this is where you have to learn the market cycles, not to invest with your emotions. But this is a good sign that inflows are on the rise again and there haven't been significant outflows now. A great place where you can buy bitcoin and all coins is with Gemini. This is a crypto platform I've been using for years. Gemini has tons of

features on their website, folks, incredible products. They have a fully loaded exchange with an app, and much more. They have crypto staking, they have a credit card, they have a stable coin, Gemini Dollar. They also have a derivatives platform where you can trade bitcoin in all coins. It's pretty great. And if you sign up with my link, folks, and you trade one hundred dollars in bitcoin, you can get fifteen dollars in bitcoin. So link will be in

the description. Check out Gemini. They are fully ensured, they are secure, and they are like Soft two, Compliant and so forth. They have top tier security and services, so check them out link wi being the description. Now, folks, we've got interesting news coming out about Ripples XRP Ledger. Apparently bitstamp is going to be launching a new derivatives exchange and they're going to be leveraging the XRP ledger.

And remember bitstamp is now owned by Robinhood. Robinhood purchased them for like two hundred million dollars or something earlier this year. In fact, I interviewed Robin Hood's head of crypto and I'll be publishing that interview tomorrow morning. I interviewed him last week. So Robinhood is on a mission to grow their crypto footprint globally and once again they

acquired bitstamp. And I'll played a clip for you that's been circulating and it's actually Ripples YouTube channel that they published and it was just from a couple of days ago. Here you go.

agreement with Strongholds. So watch the bitcoin minus folks, because we want to see the bitcoin hash rate go up. We want to see the miners up and running after the having a lot of them sold. It's been a bit rough for them right now, but it's all cyclical, so eventually they're going to start ramping up again. So according to Bitfarms, the mining hardware was originally scheduled to be deployed in Hugh Gaza, Paraguay, sometime in December twenty

twenty four. So the agreement will add ten thousand bitmin t twenty one miners to Bitfarms Panther Creek facility in Pennsylvania and commence on October first, twenty twenty four. Ben Gagnon, CEO of Bitforms, touched on the expansive potential of the company's sites in Pennsylvania and said the sites would be key to diversifying the company's business operations. So once again, keep an eye on the bitcoin miners. There's a lot

of expansion that's happening. USDC Issuer's Circle announces HQ move to New York ahead of IPO, So Circle is looking to IPO. And I saw some of the photos being posted by different folks who attended Circle's office launch here in New York City, so we could see some big IPOs come next here folks in the crypto industry. As

once again, what did we start the podcast with? The change in the macro easy money cycle, raycuts, more liquidity, money printing happening right, So this is where you're going to start to see companies do more IPOs because there's going to be more liquidity in the market. People are going to be able to access capital easier. See that the cycles here playing out folks, I said it before. We're headed into the next boom cycle. We came out

of that bus cycle of twenty twenty two. It was a rough twenty twenty three, even though market's rallied, but it was still rates were high, quantitative tightening and so forth. Now we're across the other side of the bridge, Ray, folks. So we're headed to that easy money cycle. So exciting times ahead. That doesn't mean that market volatility won't be there.

That doesn't mean corrections won't happen. That doesn't mean micro crashes in the market won't happen, just like we saw at the beginning of August with the Japanese en trade. So please don't get me wrong, right, you've got to be prepared for all these things. Now, speaking of stable coins, Tether Onboard's head of government Affairs from PayPal, Jesse Spiro, said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

So this is a big pickup by Tether, and you're going to see everybody try to poach each other's talent, right, circle is going to try to go after PayPal and Tether and Vice versa. So this is all signs of a booming asset class and industry. Right. Everybody wants to get the top talent to keep growing because they're trying to grab market share and grow their business of course.

So in a September thirteenth notice, Tether said Spiro would be responsible for leading policy and engagement efforts with lawmakers, regulators, and key stakeholders. In his role at the company, he was the leader of regulatory relations for PayPal's blockchain and crypto business from twenty twenty one to twenty twenty four, and worked at Chainell's for more than two years enroll of concerning policy and government affairs. So big pickup here by Tether. So that's the news, folks. Let me know

what you think. Leave your thoughts and comments below, hit the thumbs up button and don't forget to sign her for my free email, Losing Litter one hundred percent free on substack all crypto insights and knowledge nobs. Sign up, it doesn't cost you anything. Also, grab a copy of my book, Rethinking Crypto and Amazon. It's available in paperback and digital, also available on Barnes Anddobles dot com. Buy

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