🚨Trump Makes MASSIVE Pro-Crypto Moves With New CFTC and OCC Picks!

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. I want to kick it off by talking about bitcoin and

what we may see next. Analyst Kevin Spenson shared a great chart highlighting bitcoin on the weekly and specifically the RSI, showing that there's going to be a breakout of the downward trend for the RSI and what we've seen historically in this bullmarket. When that break happens, bitcoin goes in a rally. The most recent was, of course, in Q four it went up one hundred percent. Now there could be a further downside where the RSI goes a little bit down and then it breaks through, But it could

break through any time in this month. And I've been saying that I believe the latter half of February is going to be bullish. I think the markets start to rally, so, Kevin said. Weekly RSI breakouts are among the most bullish and reliable signals. Sentiment is always at the lowest point when they happen, and what we've been seeing is the sentiment has returned to fear. People are getting fearful. Oh no, this is happening to Macro. In addition, they're getting frustrated

and bored. This is the worst bullmarket ever. You just start to see these comments and you see the frustration, and because I've been here since twenty sixteen, I noticed it right away. And I'm not caught up in these type of things because I know the bullmark is not over based on different indicators, data, signals, and much more. And the charts here are aligning for the next move guys. And like I said, I think the latter half of February, so maybe we got a week or so or more

a little bit more before the bitcoin starts to bounce. Now, that doesn't mean it's going to storm out the gates and hit one hundred and twenty thousand dollars in a week, right, It's going to be in phases as we've seen historically. But if we get a breakout there and the bulls get back into control, you know what happens, guys, and Bitcoin leads the market and then the all coins will follow. Also, speaking of macro factors, I've been telling you guys about

global liquidity and what the FED may be doing. Well, China, look at this, they continue to inject liquidity. We just got news that China Central Bank has injected one hundred and twenty five point eight billion yu wan via seven day reverse repos. So we know the name of the game when it comes to the FIAT system is they have to continue to print. They have to continue to raise their debt ceiling. This is how the Fiat system works, and it drives asset prices higher, crypto stocks, real estate,

precious metals, and so forth. I've been seeing over the past couple of years that we are in a macro bull market for all acid classes, but nothing moves like crypto. Crypto's the fastest horse in the race, like Paul Tudter Jones said, So eventually you're going to see the macro align to the charts, and the charts are going to turn bullish, and then we're going to continue to bull run and then people will forget this painful consolidation phase.

And you learn from these moments. It's important to learn from them because they're great teachers, and it helps build your market understanding and how to train your emotions because the emotional part of this is what's tough for many people now. Fetcher Jerome Powell testified before Congress again today and he said the Federal Reserve won't block banks from serving legal crypto customers. So the language is changing big time.

We've been talking about the FDIC saying they're going to roll back their restrictive policies, and of course the SEC repeals saw one two one just about a month ago, so banks can be able to participate with crypto. So if the Federal Reserve is saying hey, it's okay, they can do it, you know what's coming. So I expect this year banks are going to adopt crypto in many different ways. They're going to build financial products, They're going to launch stable coins and much more so. These setup

for the continuation of the bull market is here, folks. Now. Today Donald Trump announced two nominations, one for the CFTC and the other for the OCC. For the CFTC, he nominated Brian Kintents. Many of you may recall I interviewed him a couple of times over the years. He was

a former CFDC commissioner. He currently works at a sixteen Z. But he's going to be the chairman, he tweeted out, it has been my great honor to be nominated by President Donald Trump as the next chairman of the CFTC, where I had served as a commissioner in his last administration. The CFDC plays a critical role in maintaining robust hedging and price discovery markets that already envy of the globe. He continues and so forth. But he's a great pick.

If you recall my interview with him, very smart, understands the market very well, and I interviewed him I think it was my first interviewer of my second back in September twenty twenty one, and where he made a big statement that he absolutely despises regulation through enforcement. And this was the time Genser was attacking the industry right and he's another pro crypto person that's really going to help

push things forward. And speaking of pushing things forward, Eleanor Tarot of Fox businesses reporting that with digital assets becoming a top priority for regulators, the SEC and the CFDC are currently discussing ways in which they can effectively collaborate

on crypto regulation. Fox Business has learned. One idea is to reinstate the charter for the CFDC SEC Joint Advisory Committee, which was established in twenty ten to provide a vehicle for discussion on emerging regulatory issues that affect both agencies. The committee has been inactive since twenty fourteen. So we absolutely need collaboration between these agencies and to iron out all the details and who's going to handle what and

get legislation through. And of course Hester Purs is heading up the Crypto Task Force, so things are up and running there. We just reported yesterday about the pausing of lawsuits and cases like the Binance case. The SEC and Finance agreed they're going to do a sixty day pause and the same could happen for ripple coinbas cracking and even as Paul Atkins comes in at the SEC as chairman, we could see a lot of these non fraud cases

get dropped and settled and all these things. So exciting times, folks. The stars are aligning here. We have the right people being put into office. We're starting to see action. So things are heating up and they're moving in the right direction now. Trump also picked former bit Fury exit executive Jonathan Gould to lead the OCC, signaling ongoing shift to crypto friendly regulators. So another big pick, another pro crypto pick.

So Jonathan Goule was previously chief legal officer at bit Fury, and before that he was Senior Deputy Controller and chief Counsel at the OCC, so he has a background at the OCC. So Trump's reported move to tap Goule to lead the OCC will help the agency to work with lawmakers to move crypto bills, said Blockchain Association's Ron Hammond. Now, remember Brian Brooks was at the OCC years back, and he gave the green light to banks to be able

to hold crypto. But an Elizabeth Warren and her clown army came in right Sharrod Brown and all these guys and put a stop to that. But now we're getting exposed for trying to unbank the crypto industry Operation Choke point two point zero. So now we're going to have someone who's pro crypto back at the OCC. So this side of the agency world is going to help push crypto go through, guys. So this is what I'm talking about with the stars coming into alignment here, it's very bullish.

I'm so bullish on this year. I've been telling you guys, we are in the macro fifth wave and there's going to be volatility. There's going to be chopped along the way. That's how it is. If you've experienced previous bull markets, right, and yes there are some macro headwinds, but they're not permanent. There's short term and there has been no invalidation of

the market. And then you have the government and the industry and alignment legislation, the proper people coming into place, so things are moving in the right direction and all of this you know, will culminate in more adoption, higher prices and so forth. Now, the CBOE bz X exchange files proposed change to allow staking for twenty one shares eat theom ETF. This is a big component to Etheroreum.

The ability to stak and earn those passive rewards, well, it's not available in the ETF right because Gainster, remember he was calling staking a security, who's calling stable coins a security? Who was calling everything a security? But we know that nonsense has ended. So I think you're going to see the SEC this year green light staking and allowing exchanges and so forth to do it. And it makes sense that they're going to add it into the

ETHEROMYTF so big news. And remember the CBOE b z X. They recently filed a nineteen b dash FURS for the XRP ETF and others, so they have been doing a lot of work here trying to get things through. So the ETF race continues here, guys, and Bloomberg's James Seyffert alluded to this filing being the first ETF to file with the SEC to allow for staking. So you can imagine the other competitors are going to follow suit right

game three. No one wants to get left behind. And I think it's going to attract a lot of capital to Ethereum's ETF because people can earn the passive rewards, which is a great benefit. I personally stake eth I steake Salona Cardona as well algorand anything that's proof of stake. I'm earning the passive rewards, especially if I'm holding the tokens. So that's a great benefit of crypto now, guys, quicker from our sponsor and that is Proppy, which is bringing

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coming out from Wall Street giant Franklin Templeton. They have expanded their five hundred and ninety four million dollar money market fund to Salona. So similar to black Rock and these guys, Franklin Templeton has been tokenizing, putting money market funds on the blockchain. Many of you may recall my interviews with Sandy Call who heads up digital assets at Franklin Templeton, and I've interviewed a couple of times. They are doing a lot, a lot of great things, guys. Well,

they're expanding to Solana. They highlighted here that Benji, which is the name of the token I is one, is now on Solana. So incredible adoption. To watch these Wall Street legends, these these tratify incumbents now jumping all in on crypto, expanding on multiple blockchains because they understand the future is multi chain and there's going to have to

be into ropability. So just huge, huge adoption news here. Now, a report coming out from van X says that state level bitcoin reserve bills could drive twenty three billion dollars in buying. So we've been seeing a flurry of states filing or introducing their bitcoin strategic Reserve bills. I had reported to you guys last week that Utah their version made it through their house and it's now headed up to the Senate, and you could see these states start

to buy bitcoin. Guys. We know there's a bill on the federal level, so imagine the states just getting their bills through and starting to buy on their It would be incredible. And many of them may go the route of buying ETFs, or they may hold it directly through a custodian of course. So van K they're saying this could drive twenty three billion dollars in buying, and it makes sense as bitcoin obviously is a better version of gold.

You know, many consider it to be digital goal, which enhance attributes and properties better than gold itself, So watch out for this. I'm surprised how these bills are making it through in the momentum they have, so it don't be surprised if states get this done first before the federal government, which sometimes usually the case. But nevertheless, very interesting and as you can imagine, it will start with bitcoin and then as folks get more comfortable, it will

go to other coins and things along those lines. Now, final news item here. SEC Commissioner Hester Perce weighed on mean coins. She was interviewed, I think on Bloomberg and here's the headline. Many meme coins likely fall outside the SEC's jurisdiction, so this is interesting. She's saying, Look, meme coins may have nothing to do with the SEC. And it could be because the nature of meme coins, because they're almost fly by night, right. They could pop up

tonight and then be gone two days later. Right. We saw that with Dave Portnoy Hawktua and all these crazy meme coins. Even Trumps it pumped so hard, but you go look at it right now, it's down. Malania coin is like dead, right, So meme coins, I think is like going to Vegas. It is pretty much gambling. It's not investing. In my opinion, it's like playing the lottery, going to the casino. That's what I liken it too,

and I tell people. So it's interesting that she said this, and she's saying that Congress is going to have to give the guidance here, and boy do they have to give guidance. Where does this fall? Is like the gambling industry that has to handle this. I don't know, but there needs to be some sort of regulation here, because look, even casinos and betting sites and so forth are regulating. There's regulations there, right, because you don't want the casinos

robbing people, rigging games and so forth. Now we know the house always wins, that they're in a business and making money, but we don't want them outright scamming people like some of these meme coining people. They start up some memes, they put it out there, they pump it a lot of people buying, and then they rug you and then you lose your money. So maybe the SEC. This is not so much the SEC's job, another agency.

I don't know. The gambling industry. I have no idea, but we'll have to see maybe it's a combination of the SEC, CFTC and whatever agency handles gambling, honestly, so we'll have to see. But I was surprised that she said it has nothing to do with us. Here's a quote. There are lots of people introducing meme coins right now, and facts and circumstances matter. Any of the mean coins that are out there probably do not have a home

in the SEC under our current set of regulations. So maybe Congress updates of regulations where they do have to review this. I don't know. This is a tough one, but guys, that's the news. Let me know what you think. Big nominations by President Trump procrypto folks coming into these agencies, so very good sign for the industry and the ASCID class. Let me know what you think. Leave your thoughts and comments below hit the thumbs up button. Guys. A great way you can support me in the podcast is by

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