¶ Intro
Hey, everybody, Welcome into the Thinking Crypto Podcasts. You're 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,
¶ Bitcoin price analysis
not too much to report on the price. We are still consolidating. We could still see further downside. But as I've been telling you guys, big One is heading to that oversoul zone and what we've seen historically, there's going to be a reversal sooner than later. So we're near the end in my opinion, because this thing is near the oversoul zone. The Daily RSI is showing that. So just hang tight and let's let the market do its
thing and let the reset happen. Because we are still in a bull market and I want to share some
¶ Binance Stablecoin inflow
things here that are confirming that another rally is going to follow the bottoming of the mart So Binance stable coin inflow is top one point six billion dollars, signaling traders positioning for rebound. So users of the Binance cryptocurrency Exchange deposited one point six to five billion in stable coins, a large inflow often seen as a precursor to renewed demand for spot cryptocurrencies following the recent market sell off. So whales are going to come in. They're going to
buy the dips. As I said in yesterday's podcast, the sentiment's going to be reset to maybe fear or neutral of getting away from the greed. And we've seen there's been a lot of wipeout of leverage over the past few weeks. Both shorts and longs have been wiped out. So there's going to be a full reset, and I think that's going to set the table for a massive move upward. Now on chain data from Sentiment shows that
¶ Bitcoin whale accumulation
bitcoin whales continue to accumulate while it's with ten or more bitcoin are on the rise, and while you have your ebbs and flows on the micro, you know, you have different folks taking profits at you know, a smaller time for the macro trend shows the majority of whales are still holding, so that's a very good sign and they are accumulating, So the trend is still up. It is not down yet. When it is down, that is when we are near that top zone, and we're gonna
have to watch it closely. Here's something from the macro.
¶ Trump Tariff dividend
Trump announced that a dividend could be dispersed to the American people from the tariff revenue. Now put your thinking gap on here. If this is gonna happen sometime in Q four, it is a top signal because retail is gonna get money to go put into the markets. Don't get me wrong, Not everybody's gonna do that. There are people who legitimately need the money. They gotta pay bills and all that, right, but you know people would access money. What they do, they're gonna put it in the markets.
So giving people money when the top zone is near is a big top signal. Now, let's see if it happens. Right, this is just one factor, but if it does happen, that will be a big confirmation. So this is why on this podcast we look at everything. We look at market holistically, unchain data charts, the macro, the adoption, the institutional investments, and much more. Right, folks, we want to make sure we are as educated and informed as possible so we make the right decisions when it comes to
our portfolio. All right, moving ahead, Sharplink buys fifty six thousand,
¶ Sharplink buys 56K ETh
five hundred and thirty three eight worth two hundred and fifty two million dollars. So Sharplink Gaming is, of course the publicly traded company that has an Etherorem treasury strategy. It's backed by Joe Lubin and the folks at the Etherum Foundation. So you were seeing massive accumulation of eth similar to what micro Strategy was doing with bitcoin. Now you got Tom Lee's firm looking to raise billions to
invest in Etherorem. Just yesterday we talked about Galaxy Digital, multi Coin Capital and other firms working with Cancer Fitzgeral to raise a billion dollars to invest in Solana. So the treasury companies keep buying. Now that is a very good sign, folks, because they're anticipating higher prices. It means that the bull market's not over. Why would they be buying the top if this was the top, right, that doesn't make sense. So they're still upside here and that's
why they're accumulating at a rapid pace. Now, this is
¶ US Gov Blockchain
very bullish news and the biggest news of the day. I often tell you guys that governments, the markets, and the economies will all run on blockchain. That is the direction that Puck is heading in. Well. Today the US Department of Commerce, headed up by Howard Lutnik, he said that the US will begin publishing economic data on blockchain. Wow, let me play the clip here for you.
Two more things. The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president, and we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we're going to make that available to the entire government, so all of you can do it. Out all the details so we can do it, pats.
Wow, there you heard it right from the horse's mouth. They're going to put GDP data on the blockchain. It will be accessible to all parts of the government and folks. I believe voting will be on the blockchain, our identities will be on the blockchain, all payments that a government will be on blockchain, and much more. This is the future, right.
I often state that blockchains the next layer on top of the Internet, and it's going to change the way we transact with each other, with the government, and much more. And this is where smart contract technologies and this is where smart contract technologies come in very handy to be able to eliminate a lot of the middleman, allow us to trust and verify and have these transactions settled instantly. So incredible, folks. Again, do you see the direction to
puckets heading in? That is why I've been saying I'm not just bullish on this bullmarket cycle, but the future bullmarket cycle is coming up in twenty twenty eight and into twenty thirty and much more so. Exciting times, head, folks. I am really really looking forward to seeing which blockchains they're going to use the government. That is that will be very revealing. Now, folks, quickly from our sponsor, and that is Treasure. Treasure makes hardware wallets that make it
easy for you to safely store your crypto. Many of you know, I'm a believer in self custody. I have been self custoding the majority of my crypto assets on hardware wallets for years, and folks, Treasure, they were the pioneers of the hardware wallets and the seed phrase setup. They started the whole thing, so they have this incredible pedigree and they support a variety of tokens, even the top coins like Bitcoiny, Theorem Xrpiece a Want, and much more,
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that is something you keep to yourself. And recently, Treasure announced while connect is now available to Treasure users and it's bringing hardware wallet security to thousands of on chain apps. So this is a great integration. And they said here with this integration, Treasure users can connect to thousands of apps across any major blockchain directly from their hardware wallet. No app switching, no third party extensions, just a direct
line between your hardware wallet and tools you trust. So this is really great and I love that they're expanding and adding all these functionalities. And folks, if you use my code thinking crypto all one word, thinking Crypto, you can get five percent off your purchase of a Treasure device. I'm a user of the Treasure save five, so I'm a believer in the product, I use it, so if you'd like to learn more, check out the link in the description. Now, folks, we got some very big news
¶ Trump Media Crypto.com CRO
around Crypto dot Com and Trump Media. They have formed a massive partnership so Trump Media Group. They will build a CRO strategy, so CROs the native token of Crypto dot Com, and they're going to buy six point four two billion dollars for a RO digital strategy. Trump Media platforms plan to integrate Crypto dot COM's digital wallet, and they will also integrate the erro token on truth Social
and Truth Plus platforms. This is a massive partnership and I don't hold a er token, but it's very big for Crypto dot com to have Trump Media and technology and all these things integrate their technology. It's a big win for them. And once again I don't hold the tokens. I'm not trying to prop this upbringing and I'm not saying you shouldn't invest in it. I think it could
do really well with this news. I think based on the news, it's all also starting to rally, So folks, you can go read the full press release, but those are the main highlights and once again, should do real for the token and for crypto dot COM's market share, as you know, a lot there's a lot of people that follow a president Trump and use truth, social and much more. I think they're going to start investing in crypto as a result. So you're seeing all these new
on ramps being built. So this is really really exciting. Now,
¶ Canary Trump Coin ETF
speaking of Trump, Canary Capital has filed for a spot Trump coin ETF. Guys, I'm not a fan of this because you all know I'm not a believer in the Trump meme coin. I don't believe any president should have that, Democrat, Republican, independent, whatever, any government official actually should not have these things. But hey, look, you know, we'll see how this plays out. Hopefully people don't get wrecked. But we saw when Trump got into office the meme coin was launched, and then Milani and
then Barren. Guys, just be careful, right. I can't tell you don't go invest, but I'm just saying this. This is very risky, and once again, it has nothing to do with political parties. But no politicians should have this. And I don't even know if this is going to get approved because it's you know, there's no what do you call it, futures markets and things like that. It's not like it's Salon or XRP, and you know those are in the mix right now. This could be maybe
Canary doing a little bit of a PR stunt. I think we'll see, We'll see how it plays out, all right.
¶ Bitwise Chainlink ETF
Moving ahead, more ETF news. Bit Wise, Asset Management has filed for a Spot chain Link ETF, so the all coin spot ETF race is heating up. Just yesterday we talked about Gradescale filing to get an AVAX ETF. So you're seeing diversification and expansion and these are all you know, top twenty assets Avax, chain Link, h BAR and much more. So let's see what the SEC is able to get done. One thing, as I mentioned earlier, there needs to be a futures market. That's what the SEC is looking at.
And you know we've seen that Solana and XRP futures have been launched on the CM and other platforms, and this has been the protocol so to speak, that the SEC is required you must have a futures market. I think they want to see how that's working and regulated and all the statistics there and then they make their decision. I do believe they're going to improve the XRP and solanaspodytfs. So this is very bullish. Now moving ahead, Hemi closes
¶ Hemi Bitcoin EVM
fifteen million dollar funding round ahead of a token launch for its Bitcoin programmability layer. So this brings their total funding to thirty million dollars. So Hemi, which describes itself as the largest programmability layer on bitcoin, has raised fifteen million dollars in fresh funding to advance development of its network that fuses bitcoin security with the theorem style smart contracts ahead of an upcoming token generation. A couple of
takeaways here. You see that there are many folks trying to innovate on bitcoin to make it more programmable because it's just digital goal. In my opinion, it's hard money. It has a scarcity aspect. It is the most secure blockchain out there with the proof of work and the amount of money and all these things that are in place, but it doesn't have smart contract technology. You can't tokenize on it as you know other layer ones like Ethereum or XRP and things like that. So folks are trying
to build. Will they be successful. We don't know, you know, maybe they will, We just have to wait and see. But a major takeaway is that a lot of these companies and firms are still getting capital. So if you have an idea, go pick your idea, guys, it obviously has to be a good one. Put your pitch deck together, and a lot of these vcs and hedge funds, they are giving funding because we are in the early phases of this market and acid class that people recognize the
potential and they're taking their bets. So really great on multiple fronts. So the funding arrives as more developers look to bridge Bitcoin's two point one trillion dollar network to hire throughput smart contract rails without diluting its security model. Hemi's pitch is that it can deliver EVM level programmability while anchoring finality to Bitcoin, a design it argues will help unlock institutional grade applications on the world's largest blockchain.
Very interesting. Speaking of bitcoin, bitcoin minor hut eight announces
¶ Bitcoin Miner Hut 8 US
one point five gigawa expansion in the US. Stock rises ten percent. So bitcoin miners are doing well, you know, for the most part, they are expanding their mining more bitcoin, and obviously as bitcoin's price goes up, the more fees and revenue they're going to make. And of course some of them are publicly traded, so that should help their stock price. So according to a Tuesday announcement, the expansion is aimed at broadening the company's geographic footprint and target
markets where energy demand is rising most rapidly. Hut eight shares on nasdac's sword as much as ten point five percent on Tuesday following the announcement. According to Google Finance, the company said it's current one gigawatt capacity has been ninety percent taken up. Here's a quote. By advancing more than one point five gigawatts of capacity, we position ourselves to more than double the scale of our platform and address accelerating demand across energy intensive use cases. Hut eight
CEO Asher ginut set so very interesting. I do you hold some bitcoin mining stocks. I think I have Riot. I'd bought it a while ago, but I don't hold a lot. It's not like a major bag or anything. I just diversify. I have some stocks. I've had coin based stock that has worked out really well for me, and then I did test out like black Rocks Bitcoin ETF buying it on Robinhood for example. I just wanted to go through the process. So I have some but once again, not a major holding at all. The majority
of my portfolio is in crypto. I am neck deep in crypto, so bullish all the way on crypto assets. Not to say stocks can do well, but we've seen crypto has outperform other acid classes stocks, real estate, precious metals and much more so, folks, things are moving ahead.
¶ Gemini Crypto Staking UK
Final news item here crypto exchange Gemini introduces Ether and Salona steaking and for all UK customers, So this is great. They're expanding globally. Just yesterday we talked about the XRP rewards card that they launched, where you have a credit card, it's master Card powered, you go and you spend on food, gas, whatever it is, and you earn XRP rewards. So that's really great. So they're expanding. I think they're trying to
boost their competitiveness. I think for a while they weren't doing much and other exchanges kind of came and stole their market share and you know, like Coinbase and Cracking and much more. So great to see that they are expanding, and you know, I think a lot of what hurt them was the genesis and the staking earning situation. But they're all past that. It wasn't Gemini's fault. It was
you know, genesis of course trading. But thank goodness, that's resolved and the customers were made whold and things are moving ahead. So folks, as I said at the beginning of the podcast, be patient. The market will bottom out and we are going to rally. We're still in the bull market. All the data points as signals, the metrics on chain data, and all these things still confirm that. A great way you can support me in the podcast is by subscribing to my free email newsletter. It is
one hundred percent free. Link will being the description. Check out my book on Amazon. It's available in paperback in digital, and check out my course at mycryptocurse dot com. This is a comprehensive course that teaches you every aspect of crypto. Knowledge is power. Expand your knowledge about this acid class and technology. Once again, go to mycryptocurse dot com. All the links will be in a description. Folks, thank you
so much for watching and listening. I appreciate you all and I'll talk to you all later.
