I've got massive news for you. The SEC acknowledges more xrps, body tfs and you won't believe what Donald Trump shared on truth Social It involves Ripple and XRP. You won't believe it. I have to show it to you. And Google is planning to integrate with bitcoin wallets. This is really big. And FTX bankruptcy repayments are going to start very soon. I'll give you the details. Let's get into it. Hey, everybody, welcome into The Thinking Crypto Podcasts, 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 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, I want to start by reminding you we are in the Great shakeout and it continues. Bitcoin continues to chop. We're getting faked out left and right. Both bulls and bears are getting faked out. This is very boring. The all
coins are not doing much. But remember, patience is important when it comes to investing. I've been telling you guys. The macro backdrop is setting up beautifully with DXY collapsing, global liquidities on the rise, and there's going to be a bit of a lag where risk assets eventually catch up, and I think the latter half of February we're going
to start to see some movement. But some analysts are highlighting that we've seen things like this in previous bull markets and that it is setting up a bear trap. So there's going to be a short squeeze because you know, the short siga lining up right now with the price not doing much, and the bears are hoping to get Bitcoin to go further down and the all coins to
go further down. But we are still in a bull market based on the data, not feelings or emotions, and there has been no invalidation of this bullmarket, right, So we got multiple signals, multiple patterns, we're tracking whale activity, Bitcoin whale activity, all showing we are still in a bull market. So don't panic. This is a time to be patient. As I've said many times, if the price bothers, you don't look at it, don't look at your portfolio. I've not looked at my portfolio for like two weeks
because I want to maintain my mental health. This is part of investing right, and the volatility, the roller coaster ride can get to you, even as someone who's been here since twenty sixteen. So this is where I pay attention to the data. I don't look at my portfolio. When things start to move up again, I'll start looking at my portfolio. Right. So hope you guys understand, and I hope you have a macro view on the markets. Now, we have huge news coming out from Google. They are
planning to do bitcoin wallet integrations. We are seeing Wall Street trad five banks, now tech giants all embracing crypto in one fashion or the other. So Google's Web three specialists for the Asia Pacific region, Kyle Song, during a panel at the Bitcoin Tech Carnival in Hong Kong on February eighteenth, unveil the Tech Giants collaboration with the Bitcoin
Network contributors. The partnership aims to simplify access to the bitcoin by integrating Google's authentication protocols with bitcoin wallets, potentially creating a bridge between conventional digital identities and decentralized asset management. Now why would Google be doing this, guys? Some people say this is a Ponzi scheme. They say it's a fad, they say it's a scam. Yet all of Wall Street, all the big banks are getting involved, all of the
big tech companies are getting involved. Watch what they do, not what they say. This is why I always encourage you guys to do your own research, read up, educate yourself, education and patience. Right in this acid class, we are seeing a paradigm shift and everybody's gonna come on board. I've told you guys for years, We're headed to the token economy, where all assets will be tokenized, the economy will be running on blockchain, the markets will be running
on blockchain. It's just as Black Rock CEO Larry fing said just last year. Tokenization is the future of finance, and you are seeing the building out of the infrastructure, and even big tech job inside Google have to get involved because if you don't get involved, if you don't hop on board this train, you will have your Blockbuster moment. And Blockbusters failed to adapt to the Internet. They had the opportunity to buy Netflix, and they didn't, and Netflix
came and stole their lunch and aggress his history bankruptcy. Right, So this technology is here to stay. Folks. So SONG outline Google's strategy to lower the hurdles for entering the bitcoin ecosystem by leveraging its existing authentication technology for wallet logins. The initiative is part of a broader effort to merge Web two payment systems with the decentralized world of cryptocurrency, making bitcoin transactions as user friendly as current online payment methods. Guys,
I hope you see what is happening here. I hope the price is not distracting you. I hope the fud that is out there, the fear, is not distracting you from what is being built in. All of these major tech giants, Amazon, On, Google, you name it, they're all going to be a part of this. So in addition to simplifying logins, Google is exploring advanced encryption technologies such as zero knowledge proofs to enhance trust and reliability between
on chain and off chain systems. SONG emphasize the importance of addressing trust issues and improving security to foster a more seamless and trustworthy integration of these technologies. The response to Google's announcement has been mixed. Some industry participants express concern over the risks of linking Google accounts with bitcoin wallets, citing fears of centralized control and potential data vulnerabilities. So let me give you my thoughts. This is very bullish.
I one hundred percent support this because this is going to help bring more people into the asset class and be able to adopt the acid class faster. I've often stated that you need web three technology, but with a web to interface because that's what the consumer is trained to interface with, what they're accustomed to, right their banking apps, their social media logins and all these things. Now, the
criticism of possible risks I think are valid. So that's why Google needs to make sure they do this well. And if they don't, they're going to fit up and people could lose their tokens and NFTs and much more. As we think about the future of being more digital and people are essentially going to have their digital identity, different cryptocurrencies and digital assets, NFTs and different things in their wallets. That's going to be the future, and we're
going to have it on our phones. We're not going to use cash and all these things, right, that is where we're headed, folks, Make no mistake about it. It won't happen overnight. But I like Google's vision. I like what they're trying to do, but I hope they do it right. And I think the company that does it right will be a big winner because right now, and I've said it many times, there's a lot of hurdles to getting the average Joe and James to participate here
because many are scared. It's intimidating. The twenty four seed phrase and the private keys and the public keys, all these things are like foreign concepts for many people. Now, you and I being early adopters, we may be more comfortable, we may be more tech savvy. But the billions out there who are not in here yet, many are going to struggle to understand these concepts. But if you make it easy by putting up web to interface and Web three powering the technology behind it, it will be a
big win. Guys, just look at what's happening. This is huge news. Google is a massive company with a lot of resources and money, so you know they're going to try to build the best technology. They may go out and acquire companies who are currently doing these things. As you know, Google's history is they've acquired a lot of the services they have like YouTube, and all these things. They bought those companies and then put it into their
mix and built it out from there. So don't be surprised if they go buy some of the companies who are trying to build these things like startup and so forth. But nevertheless, very bolish news. All right, the SEC has acknowledged more XRP spot ETF filings. So you've acknowledged the twenty one shares, the bit Wise Investment, Gray Scale, Wisdom Tree, Canary Funds, even the CBOE bit Wise well, I mentioned Bitwise already, So very good sign, very very good sign.
And I believe XRP and Salona ETFs will be approved this year. Obviously, the big question is the features market, and we'll see how they sort that out and what they do. But I think there's a high probability that these ETFs get approved, and you know what that's going to do for the price of XRP. Just look at what it did for Bitcoin and the whole massive run
up there. And what's going to happen is when XRP Solana get approved, you're going to have basket ETFs index ETFs where it includes Bitcoin, Etherorem, XRP, and Solana so all of these financial products will be built out for the market. Guys, so very bolish. Now, something very interesting happened this evening President Donald Trump on truth Social he shared an article and this article is actually from January,
but the article talks specifically about Ripple and XRP. The headline reads Donald Trump Effect bumps, Ripple Labs us Deals, XRP gains and it shows Brad garling House in the preview image. This was shared by Donald Trump this evening and it's a coindest article and he talks about Ripple and their thoughts on the Trump Effect and talks about Ripple Labs and r L USD and XRP Ledger and
so forth. What an article for him to share. And remember this article from January specifically, it was published on January sixth, So a lot of people are like, hey, what is happening here? This looks really big and it includes quotes from Brad garling House, Ripples CEO, talking about Ginster, talking about Trump and much more. Guys, Trump knows what's going going on here. He knows about crypto. I don't think he knows every aspect of the crypto market, but
he knows about Ripple. He knows about XRP because we saw Ripple CEO Brad garling House and their chief legal officer Stuart Alaradi met with Trump and Ripple was a big donator to the fair Share pack in the elections and much more so. Very fascinating. I'm not gonna take it beyond that because I'm not here to tell you, guys fairy tales and you know, hype you up on stuff that we don't know about. But this is a very positive side. I'll leave it at that. Right if
you're an XRP holder, very positive sign. But you guys can imagine, you know, some bitcoin maxis are going to be crying, okay. SEC seeks public feedback on approving options trading for Grayscale, bit Wise, Etheromy Tap. So, guys, we have bitcoin options training live. We could see Ethereum options trading coming through and this is very good. More ETF
financial products are going to be built out. So the SEC asked for those comments on whether it's allows CBOE Exchange Incorporated to list and trade options on the Grayscale Ethereum Trust ETF, the Grayscale etherrem Mini Trust ETF and the Bitwise etherorem At ETF according to a regulatory filing posted on Tuesday. So things are moving ahead, folks. And eventually when XRP, Salon and all these other ETFs get approved,
they'll have options trading as well, folks. Quick word from our sponsor, and that is Bitgo, which is one of the top tier crypto custodians in the market. Bitco has been around from multiple bull and bear market cycles. They're headed up by Mike Belshie, who is a web one point zero and two point zero legend, and they've been around since twenty thirteen, guys, and they offer a variety of services. They're trusted by many big institutions and companies
in the crypto industry. For example, twenty one Shares which issues ETFs, uses Bitgo, Panura Capital that's Dan Moorehead's hedge fund uses a Bitgo suite, a token project, and Bitstamp Exchange uses Bitgo. So they have a ton of services, wallet services, prime services, and much more. Because they also have a retail platform where you can buy, sell, trade crypto and even state crypto. And of course you have the top of the line security and custody. They have
a self hosted wallet as well. So if you'd like to learn more about Bidgo, go to bitgo dot com. Link will be in the description. Now, guys, we're hearing more news every day or every week, as you say, about companies planning to do IPOs this year. I think we're going to see a lot of crypto companies ipo. So Fold, which is a bitcoin financial services company, and
they haven't appened much more. Their CEO, Will Reeves tweeted out Fold makes history tomorrow debuting on Nasdaq as the first bitcoin financial services company to go public and one of the world's top twenty five bitcoin treasuries. So you are starting to see different crypto companies starting to go public and planning IPOs. The big ones will be like Circle, Bitgo.
You know my sponsor as mentioned Ripple, Gemini Exchange, they said they want to do something like that, So don't be surprised some of these names later this year ago public. Now we got news that FTX is going to begin initial fund distributions to customers as is bankruptcy recovery forges on. So the customers are going to be getting cash and it says you're convenience class customers. Those claiming up to fifty thousand dollars will begin seeing their funds in the
next one to three business days. Funds will be available through bitco and cracking ftx set. So Bitco, like I said, guys, I trust the custodian. He's noticed they're being used by different folks across the industry. So this is the initial batch that are going to be getting once again and claiming up to fifty thousand. The next round of distributions
will take place on April eleventh ftx set. So the big question is, you know, the people getting back their money, will they be buying putting some of it into the market. I think some of them will, but some of them are probably going to be like I'm getting the hell out of here with this cash, right. But it's great that this is happening and nature is healing a bit here after the beforefoonery of Sambakmr Freed and the clowns.
That we're working with them, and we hope things like this don't happen again, and crypto legislation and these things will be passed this year. But very good that this is coming to a conclusion and we can put it behind us, and let's see if some of this cash makes its way into the market. Now, we got news that blockaid closes a fifty million dollars Series B to expand its machine learning security offerings so on chain security platform. Block Aid has raised fifty million dollars in a Series
B led by Ribet Capital. The company provides security solutions for some of the largest crypto firms and projects, including coinbase and Metamass. So a couple of things. One, we continue to see these companies are getting capital. Many hedge funds, even tradfi hedge funds, are involving crypto now. They're investing in the companies building the infrastructure as well as the token projects. They're buying the tokens, right, but great to
see these companies are getting the money. And I've often said that if you're an entrepreneur, you have an idea, go pitch it man now's its You will get capital if you have a good idea, even if you just get like eight to ten million, right or it's start
off small. Notice these companies do Series A B C, so this is a Series B. So sometimes you start off with a small capital infusion, you get your company up and running, you make progress, then you go raise a second round, showing the progress you made, you get more capital, so so on and so forth, and second on this news is that great to see that security platforms are getting money and they're starting to ramp up because we need the guardrails in place for security because
there's bad actors. There's a lot of people who will try to hack different crypto projects and they're going to try to use AI and different things. So we got to make sure the security is up to par before we bring in the next one to two billion people. It's important because if we're trying to scale this to the masses, we need to make sure all our e's are dotted and our teas are crossed. Final news item here former Tether CEO to date rival yield bearing stable
coin on etherrem and Salona. This is according to Bloomberg, So this is interesting. So the co founder is Reeve Collins. I actually interviewed him guys interview. I'll try to get him back on the podcast to talk about this, but I interviewed Reeve maybe a couple of times. He's one of the original founders of Tether, and he's launching his own stable coin like some new entrance into the stable
coin folds such as Athena and m zero. Collins Pie protocol will offer a holders yield likely earned on token i's real world assets. This stands apart from the first stable coins like FIAT backed USDT and USDC and algorithmically supported die Dai, which simply tracks the value of the US dollar. According to Bloomberg, the stable Cordin protocol will launch on a Theorem and Salona blockchains in the second
half of twenty twenty five. It's unclear how the stable coin will generate yield, though several existing tokens passed along revenues earned on token issed real world assets, like US treasuries mountains protocol USDM stable coin, introduced last year, currently offers holders about five percent in annual yield earned off its backed assets. So great to see competition and entering the market here and someone who has experienced behind stable coins, and I will be very curious to see how this
yield is being generated. That is so important, guys, because we don't want to just put our money into stuff that is not tested and we don't know what's happening behind the scenes. It's important to get the information, so I'll try to get Reef back on the podcast to talk about this. But great to see these new options being put out there, and competition is healthy for the market and it helps everybody to try to win the consumer to have a better product, offer lower fees and
all that better service and all these things. So this is really good. Guys, that's the news. Let me know what you think. Leave your thoughts and comments below hit the thumbs up button. A great way you can support me by subscribing to my free email news that are on Substack. It's one hundred percent free. Check out my
book on Amazon. It's available in paperback, in digital. And if you would like to boost your crypto knowledge to get a full understanding of the crypto market from A to Z, check out my new course at mycryptocourse dot com linkobing in description. This is a comprehensive course and best of all, what makes it unique, it includes expert commentary here from founders, CEOs and institutional investors in the crypto space breaking down the different aspects of crypto. No
other course offers that. It's a one time fee for lifetime access. Go at your own pace. You can share the log in with your friends and family if you want, but this course has a lot of value. I packed a lot of my knowledge and the expert commentary in there. It includes full write ups, downloadable materials, and videos of course, so if you'd like to learn more, go to mycryptocourse dot com. Guys, thank you for watching and listening. I appreciate you all, and I'll talk to you all later.
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