URGENT! CRYPTO MARKET STRUCTURE BILL MARKUP CANCELLED AS COINBASE BACKS OUT!

crypto charts. We got major delays in the crypto market structure markup that you need to know about, a lot of drama, and there's huge crypto adoption around the globe. Let's get into it. Okay, folks. At the time of recording,

Bitcoin sitting at over ninety six thousand dollars, the RSI and the daily charge cooling down a bit. And this is really good because we're kind of stair stepping our way out of the lows that we've hit and the bulls are in control based on the mac D on the daily chart, so we're looking good here. And another great sign is that USDT dominance the stable coin liquidity is starting to break down, so it is currently at five point eight zero two percent, So let's see how

much liquidity starts making its way into the market. We've got to have to be patient and let the process play out here as far as bitcoin dominance, bitcoin dominance is kind of moving sideways, and I think it may pick up a bit as Bitcoin continues to run up, and then it may collapse as Bitcoin hits a top or a local top or even an all time high. We'll have to wait and see and then all coins start picking up steam. But we're seeing some good things here.

The Russell two thousand continues to make new highs. So this is one indicator role following because we're seeing a rotational liquidity from precious metals like gold and silver over to the stock market, over to crypto right, So very good sign that the Russell is waking up here and making new highs. And we did not get the ruling from the Supreme Court on Trump's terror so that has been delayed again. I don't know why what's happening. There's no rear rhyme or reason. And last week they were

supposed to give the update on Friday. Now they're pushing back what was supposed to be given today now there's no update as far as when they're going to rule on this tariff situation. So something seems weird here. I think, you know, some politics, obviously, the President and his administration probably pulling some strings here. But you know, this certainly could impact the markets. It's not guaranteed that it will. But obviously the announcement of the tariffs last year, we

saw what that did to the market. We saw when Trump tweeted out about tarriffs in China on October tenth, what happened with the crypto market and even the stock market. Now, the stock market rebounded, but crypto did not. Right, we had a massive or the largest liquidation ever in the crypto market, and it took us a while to recover from that. I think we're still recovering a bit from it. But we're going to have to wait and see. I

don't know when this ruling is going to come. It's not that I necessarily want to see the ruling, is just I think it would be good if the market had the around it, you know, as to is this going to continue? Is there going to be some updates and changes? So we're going to have to wait and see. Folks, This episode is brought to you by Proppy Properties, leading

to charge with putting real estate on chain. Folks, we know all assets are going to be tokenized on the blockchain, and of course the world's largest asset class, which is real estate, will live on the blockchain. Not to mention, the process of buying and selling and getting mortgages and so forth will be disrupted by blockchain. Right, we're moving into mediaries and middlemen and making the process more efficient and streamlined. Well, Propy is using AI and blockchain to

improve that process. They've put deeds on chain, They've created NFTs for properties, and they use Coinbase for the crypto escro service because you can buy and sell real estate on Propi's platform with crypto, So if you want to sell your house or buy a house or bitcoin, you could absolutely do that on Propy. And Propies have been

around since twenty seventeen. They've facilitated over five billion dollars in deals and legendary investor Tim Draper is an investor in this company and he's still bullish to this day. So once again they put a lot on chain. They're disrupting the process of the real estate market and the buy and selling wit blockchain technology. So I'm a property token holder. I have been since twenty eighteen. When I first discovered them. I realized what was happening and they

were leading the charge here. So I took a bet and I bought a lot of the pro tokens, and I continue to accumulate to this day. This is one of my long term bets for sure. So probly doing a lot of great things disrupting the real estate industry. So if you'd like to learn more about Propy, go to propy dot com. Link will be in the description. Okay, folks,

We've got major updates around the crypto market structure bill markup that is scheduled for tomorrow. First up, it has been canceled, so Coinbase and a bunch of other people are removing their support of the current version because the banking lobby has been lobbying members of the Senate, mostly the Democrats like Beth Warren, and of course they want to throw a whole bunch of things in there that are not conducive to the crypto market or the ethos

of crypto. So here eleanor Terred says, the Senate Banking Committee has decided to pull tomorrow's schedule market structure markup following today's drama with Coinbase. It's unclear whether a new date has been set, so we're going to have to

wait and see. But the main player in pushing back on this Senate Banking Draft text was Coinbase and coinbas CEO Brian Armstrong weighed in on this, and he posted a thread on x. He says, after reviewing the Senate Banking Draft text over the last forty eight hours, Coinbase

unfortunately can't support the bill as written. There are too many issues, including a de facto ban on token iszed equities, DeFi prohibitions giving the government unlimited access to your financial records and removing your right to privacy, erosion of the cfdc's authorities, stifling innovation and making it subservient to the sec draft, amendments that would kill rewards on stable coins, allowing banks to ban their competition. So the banks are

the ones that are influencing this, folks. It's not Elizabeth Warner, Maxine Waters. We know the puppet strings, going back to the Gary Againcter days and the Biden days, Elizabeth Warren teaming up with Jamie Diamond and the other bankers. Right, she's getting lobbied hard, getting those fat checks, like I've been saying, and of course she's pushing the bank's agenda.

Brian continues saying, we appreciate all the hard work by the members of the Senate to reach a bipartisan outcome, but this version would be materially worse than the current status quo. We'd rather have no bill than a bad bill. I absolutely agree with that. Hopefully we can all get a better draft. We'll keep fighting for all Americans and

for economic freedom. Crypto needs to be treated on a level playing field with the rest of financial services, so we can build this industry in a safe and trusted way in America. He says, I'm actually quite optimistic that we will get to the right outcome with continued effort. We will keep showing up and working with everyone to get there. Now, Like I've been saying in the past couple podcasts. The sausage making here, it's ugly. Not everyone can handle how the sausage is made. They like the

end product, right, So this is government, folks. And look, there's going to be lobbying, and we know the banks are trying to control crypto. We see they're building with crypto, and they're tokenizing, and they're doing custody and ETFs and much more. But they don't like things that are disrupting them completely, like stable coin yield and much more. So they're trying to take those things out and remove them.

And here's an example. Elizabeth Warren has filed thirty eight amendments to the Market Structure Bill, which includes remove developer protections, more sanctions compliance obligations, more illicit activity powers for the government, more AML obligations for D five front ends, repeal positive occ guidance for banks, gut the SEC's ability to allow tokenization. So you see what I'm talking about. Guys, see what I'm talking about. She's getting those checks. And if fight

is not over, we have to keep fighting here. And of course a lot of people in the industry waiting that this is not good. So again, this is the draft, and we're gonna have to go back and forth and they're gonna have to, you know, try to find some common ground and then we'll have another scheduled markup. But we got some work to do here. So I'm still optimistic they're gonna get this done because the fact that we're having these dialogues. The fact that we're reviewing drafts

and much more is very good. It could be worse where none of this is happening. So this is again, this is how the sausage is made. There's steps and processes here, and there's hurdles we have to get over. But that's okay. That's how pretty much every bill has to go through, back and forth, right, and the opposition is gonna push back and much more. So you've got to be patient here. Okay, we got big crypto adoption news.

First up, Visa tabs a bv NK to power stablecoin payments on Visa Direct. So we know all the credit card companies are building with stable coins, blockchain and doing all types of different things with crypto. So Visa has chosen United Kingdom based stable coin infrastructure provider bv and K to power new Visa Direct pilots, allowing some business customers to prefund cross border payments in stable coins and deliver digital US dollars directly to recipient's wallets in select markets.

The partnership announced Wednesday. Bills on Visa's earlier stable coin experiments, including on chain settlement tests with USDC on networks like Etheroreum and Solana. The move follows a strategic investment in VVNK in May twenty twenty five through its Visa Ventures arm as card schemes race to embed tokenized dollars into their treasury and payout rails. So incredible adoption and building folks.

So you see stable coins being adopted by these tradi fi companies, and of course these stable coins are running on different blockchain networks like etherorem and Solana, so that's where you can take your bet. Right, you can buy the ether token or the Soul token and other blockchains that are being used as well. Okay, moving ahead, Figure

Technology unveils blockchain platform for direct stock lending. So this is very interesting. Figure Technology Solutions, a blockchain focus financial technology company, is pushing stock lending on chain with a new system that allows investors to lend shares directly to one another without relying on traditional securities intermediaries. So this

is the power of blockchain. You put it on chain, you remove the middleman, you cut costs down, you improve the speed and the transaction times and the settlement of course instance settlement. So incredible. What's happening So Bloomberg reported Wednesday that the company has launched the on chain public equity network known as OPEN, which allows companies to issue

real equity directly on Figures provenance blockchain. Unlike other tokenized stock offerings, which typically mirror existing shares through synthetic instruments, the equity issued on open represents actual ownership. Those shares can be lent or pledged directly on the blockchain bypassing intermediaries such as custodians, exchanges, and brokers. According to Figure CEO Mike Kaigney, now I do believe this is the model that's going to come in the future, but I

think it's going to take time to get there. Right now, I think phase one is the mirroring of the shares or the assets. Right, you hold the shares of those respective assets and a custody account, and then you have a tokenized version on chain, right, And that requires multiple intermediaries because you've got to make sure the company that is tokenizing is actually doing what they're doing and they're not, you know, lying and robbing you in much more. So

that's going to be phase one. But eventually what this company is doing Figure this is the way it's just going to go be issued directly on chain, Folks, I don't think we're there yet, you know where the masses are on board the infrastructure to handle this, but it does make sense for figure to get this rolling, so pretty amazing. In practice, the system allows investors to lend their shares natively on chain rather than through conventional securities

lending markets. Proponents say the approach could streamline settlement and improve transparency around ownership and lending activity. Okay, moving ahead.

Bit Wise lists Bitcoin, ether and Salona ETPs on Nasdaq's Stockholm. We all know cryptos of global acid class and these companies are building the bridges, the on ramps for people to access the asset class around the globe. So this is very good. This is what you want to see. More capital coming in, more participants, more building, and of course network effects will play out here. We've often talked about network effects over the years, and this is what

helps drive the value of blockchain networks. And it's metcaps law and also reads law, so metcaps law. The more participants in the network, the stronger it becomes, the more valuable becomes the same thing applies to social networks or tell companies and so forth, you guys can research that. I'm sure some of you learned about Metcalf's law in

college and things along those lines. So digital asset manager bitwise has listed seven crypto exchange traded products denominated into Swedish Krona on the NASDAQ Stockholm, giving Swedish investors regulated exposure to bitcoin, Ether, and Solana. According to a Wednesday announcement. The SEK denominated ETPs are available to retail and professional investors through existing brokerage accounts and may qualify for Sweden's tax advantage is ca saving structure depending on the platform.

Love it, guys. More on rams being built across the globe. Here's another example, bit Panda target's Frankfurt IPO with up

to five point five billion dollar valuation. You know, we recently talked about Bitgo looking to do an IPO. We also got securitized and a bunch of other companies, even

AI companies, looking to go public this year. So it's one of the reasons I'm saying the bull market's not over if companies are looking to go public right but across the globe, crypto's growing as an asset class in recognition of it being the future of finance, and these companies are getting huge valuations and they're looking to go public.

So Austria based crypto trading platform bit Panda is moving forward with plans for a public listing in Frankfurt, targeting a debut in the first half of twenty twenty six with a valuation of four billion euros or four point seven billion dollars to five billion euros. The ipo could take place as early as the first quarter, with the company working alongside Citygroup, Goldman Sachs and Deutsche Bank. See

who's involved here. So this is why I am bullish on crypto, not just now for this cycle, but the future cycles as well. And here's a great example of adoption.

Germany's DZ Bank secures MICA license for Mine crypto platform. Interesting name there, but these bank, one of Germany's largest banking groups by assets security license under the European Union's Markets in Crypto Assets Regulation also known as MICA clearing, a key regulatory hurdle to operate crypto services within the jurisdiction. All the banks, all the credit card companies, all the stock exchanges, all the big institutions getting involved in crypto.

Do you see what is happening, and it's not one country or just a handful. It's all of them, guys. They're all bending the knee here. It's inevitable. What is happening. DZ Bank announced Wednesday that it had received approval from Germany's Federal Financial Supervisory Authority to operate its crypto platform mind Crypto, which is designed to provide crypto trading infrastructure

to banks within Germany's cooperative banking network. The platform will be made available to participating local banks in the coming months. Huge news and speaking of the MICAH regulations, Ripple targets

MICAH passporting in EU with Luxembourg E money not so. Ripple has been getting a lot of new licenses in Europe and across the globe. They've been making a lot of progress and setting up shop around the world. So Ripple is expanding its regulatory footprint in Europe after receiving what is described as a preliminary e money authorization from

Luxemburg's financial regulators. The blockchain Payments Companies Set in a Wednesday announcement shared with coin telegraphed that it had received preliminary approval for its Electronic Money Institution license from Luxemburg's Commission the Surveillance do sector financier from saying that right, Ripple said this step moves it closer to a full authorization, which would allow the company to provide regulated payment services in stable coins and other digital assets across the European

Union under passporting rules, subject to meeting remaining conditions. So the building and the expansion continues now. Spain's bank Inter

joins thirty five million dollars bit to me around mid growing bank crypto life again global banks here in almost every country investing in crypto, launching crypto services and much more. Spanish bank ban Kinter has taken a minority stake in Spanish cryptocurrency exchange bit to me, joining stable coin issuer Tether and other investors as traditional banks deepen their ties

to the digital asset industry. The investment, announced Wednesday makes bank in Thur the latest large financial institution to back bit to me, following the exchange's thirty million euro or thirty four point nine million dollar funding round announced in August. That round, including Tether and Spain's BBVA, big names and has aimed at supporting bit to Me's expansion across Spain and the wider euro opinion. So again, the investments, the mergers,

the acquisition, the expansion. Everybody trying to grab as much of the market share as possible in one fashion or the other. So the scope of the investments is to achieve technological and knowledge synergies while supporting Bittome's fintech expansion throughout Spain and the European Union. Bankin said the investment

round is significant among European crypto exchanges. It ranks as the fourth largest publicly announced rays behind Austrian crypto platforms bit Panda's previous three investment rounds of two hundred and sixty three million dollars, one hundred and seventy million dollars and fifty two million dollars respectively. Look at the capital and obviously we talked about Bitpanda looking to go public. Of course, now final news on him. Pakistan taps Trump

linked crypto company for stable coin payments deal. You know Pakistan and countries from that region. I've been partnering with binancy Do a lot, So it looks like they're partnering with World Liberty Financial here let me give it to details. So Pakistan has signed an exploratory agreement with a company linked to Trump back We're Liberty Financial to assess the potential use of a dollar peg stable coin for cross

border payments. A source familiar with the matter said the agreement sc Financial Technologies, a little known firm connected to word Liberty Financial, and would examine whether the company's US the one stable coin could be used within Pakistan's emerging digital payments framework. The token could operate alongside Pakistan's emerging digital currency infrastructure, potentially supporting cross border transactions as remittances. The source toll Reuters. Wow, really big, really big here.

And if Trump's word Liberty Financial is able to get these partnerships with different countries, that's huge for them. And just the adoption of the US dollar stable coins and other crypto assets, it's amazing. Now. I know some people are gonna say, man, Trump is kind of taking from the crypto market here, and yeah, you know, look, it is what it is. I don't know if there's anything we can do about this, but you know, overall, there is a silver lining, you know, for it helps with

crypto adoption and much more. The good thing is Pakistan, like I said, they're partnering with Binance and other platforms. Is not just We're Liberty Financial all right, folks, that's the news. Let me know what you think. Leave your thoughts and comments below, hit the thumbs up button and subscribe. If you haven't as yet, be sure to support the podcast by subscribing to my free email newsletter. It is

one hundred percent free. I was supposed to put out a write up today, but just because of the market structured delay or cancelation, I decided to hold off. So I'm gonna wait to put a dust to settle and I'm going to publish on Friday. Also, I was waiting to hear if the tariff ruling would happen today. It did not, so I want to get you guys the most up to date data and charts and factors. So I think it's best to wait till the end of the week because you know, those things I mentioned could

swing market. So that's why I don't want to give you outdated information and all of a sudden the news breaks and it changes the structure of the market. Right, So that's why I held off on not publishing today. But once again, it's free. It's on substacked, so make sure you subscribe. Also, grab a copy of my book on Amazon. It's available in paperback, in digital, and check out my course at mycrypto course dot com. This is a comprehensive course that teaches you everything you need to

know about crypto folks. Thank you so much for tuning in. I appreciate you all, and I'll talk to you all later