🚨WILL THE FED PUMP CRYPTO & STOCKS THIS WEEK? - podcast episode cover

🚨WILL THE FED PUMP CRYPTO & STOCKS THIS WEEK?

Mar 17, 202523 min
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Episode description

Crypto News: The Fed will hold its FOMC meeting this week, will they cut rates and signal the return of Quantitative Easing which could pump Bitcoin, Altcoins, and Stocks. Solana marks 5 year anniversary as network activity dips, Firedancer launch inches closer.
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Transcript

Speaker 1

The Fed will announce on Wednesday if they will cut interest rates and could we hear some signals about quantitative viasaing and they start the money printer again. As crypto and the stock market and risk assets continue to struggle with massive sell offs, I want to share what different analysts are saying, as well as the rising global liquidity and the impact that could have on crypto in the latter half of March. I'll give it to details. Let's

get into it. Hey, everybody, welcome into the Thinking Crypto Podcasts. You're home for cryptocurrency news and interviews. I'm your host, Tony Edward on your weight in. Please hit that subscribe button as well as the thumbsup button and leave a common below. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. Folks, Bitcoin and the crypto market continue to

consolidate or chop sideways. Nothing happening here. We saw, obviously, Bitcoin bounce off the lows of seventy six thousand dollars. It's currently over eighty three thousand. But right now it's doing a whole bunch of sideways action. And of course all coins are waiting for Bitcoin's directional move because the market follows bitcoin. However, as I've been sharing with you guys, the macro is setting up nicely overall, with the DXY and the Dollar currency index crashing, so that's very good

for risk assets. There is a lag and of course global liquidity continues to surge. Guys. This is very good. And we know the system we live in is the fiat currency system where they have to print and this is not just US, but central banks globally. So the fundamental principle of why assets rise is due to global liquidity. Now, when you get to the specifics in the short term and mid term, it's based on company earnings, right or adoption and all these different factors that are usually out

there in the mainstream. What's not in the mainstream is global liquidity, and that the more money they keep printing in that the basement of the currency, that is what drives asset prices for cryptostocks, real estate and much more. So, all of these things are moving in the right direction for US. And this week we're going to hear from Jerome Powell in the FED on Wednesday, we will hear if they're going to cut rates now I think there's

a high chance they do, given the market pullback. We've been seeing huge sell offs right, and then you have all the things that are going on with tariffs and the tariff wars on and off and all that jazz. But we also may get some signals from the Fed

that they're pausing quantitative tightening because they've paused rates. They started cutting rates last year and they're still on the cutting rates track, but quantitative tightening itself, they haven't officially said, hey, this is ended, and we know once that's ended, it's only a matter of time for them to go back to quantitative easing and printing money. You may say, well, how do you know that, Tony, Well, look at this.

The government. Congress passed a bill to avert the government shutdown, and of course they're going to spend trillions of dollars. I think it's like six point seventy five trillion, taking the government till September where they will have to do another bill. So they have to keep doing this, and the more they raise the debt ceiling, the more they have to spend, and then more money they have to

print to service the debt. This is the same cycle over and over, and that's why no Republican or Democrat can stop this unless they change the entire system. Now, I know some of you're gonna say, Tony, but what about Doge. They've been cutting the over spending and all the frivolous spending as well. Well, that's just a drop in the bucket. Here. Bob Elliott, who's the chief investment officer at Unlimited Funds, he tweeted out the US federal

expenditures chart and showing that the spending is continuing. Guys, it's on track and it is expected to continue to go up. And even though Elon and the folks that those are trying to cut some of these things it once against to drop in the bucket. So Bob says, still no signs of a slowdown in total expenditures, despite some shifts in underlying composition away from us AID toward FEMA, etc.

So this is the status quo. And you may say, Tony, this is a crypto podcast, and show why are you talking about macro factors, because all of these assets are correlated to the macro. And when I learned this, it's when I started to understand the markets better and not moving by my emotions, right, We're all programmed to go with mainstream media and sensationalized headlines and all these things.

But once you understand what's happening behind the scenes, what is the root of all these things that drives markets. It's this right here. They keep printing, and that of course raises the asset prices, right because the denomination is the Fiat currencies. So the triggers or the catalysts for keep printing is the governments have to service their debt. And this is glows for every central bank around the globe.

And we saw China has already started stimulus, guys, and that's why global liquidity he's been surging in addition to other central banks. But of course we primarily look at the superpowers because they have bigger economies. They have they spend a lot more so China and the United States, Russia and support so Europe as well. So guys, I just see the same story at all over and over. Now, some people may say, why isn't it pumping right away?

Based on the data, there's a bit of a lag as that liquidity makes its way through the economy and market. So this is just the data folks, right, So I want to make sure that you understand. You can literally go to the FED, the Saint Louis FED website and look at the M two money supply and the M one money supply, and guys, for those of you listening in the podcast, it is on the rise. It continues to trend higher and higher and higher since like the

beginning of twenty twenty four. For the most part, it's been on the rise, and guys' asset prices will follow it. And once again, it's not just the United States, it's the central banks globally, So you can go look at this data. I always point you, guys, to the facts, the data, the charts, and much more, not our emotions. You're going to see a lot of headlines. You saw people who pay solo over tariff fears, and I often tell people like, why are you panic selling? That is

an opportunity to buy. That is when you buy, just go follow investors like Warren Buffett and others. Right, there's a saying time in the markets is greater than trying to time the market. So just taking a position and sometimes even just letting it sit for years, obviously you should pay attention right and understand what's happening here. But even simply doing that is better than panic selling and moving by your emotions. That's the wrong way. So you

have to unlearn the lottery mindset. Well, I play the numbers and next week I get the numbers. No, or I go to the casino and I gamble. I played the slot and I get the outcome right away. That's not investing. That's gambling. Investing requires a lot of patience, requires you learning what the hell is happening in the economy and the markets. You don't have to be a Wall Street expert, but you have to have a baseline knowledge at least right to navigate the waters. And that's

what I'm trying to share here with you guys. And I've been on that journey, so that's why I'm trying to share it with you. It really unlike a lot of things for me to even bypass political narratives. Right with the political show you often see with the government shut down, Democrats are Republicans fight each other. It's all a show. What matters is the bill that they put out and that they both know they have to spend, and the money printer to FED and the treasure you're

all going to work together to get this done. And guys, not to get too political, but that bill they pass was a Democrat bill from last year, and the Republicans were against it, and they did add some tweaks to it. Don't get me wrong. What's the Democrat bill from last year? So you see, there's a political show a theater that happens, and everybody gets caught up in their own political narratives and they fight each other, but they're distracted from the

fundamental issue here, and that is the money. Printer has to keep going. They have to keep funding the government. They got to keep raising the debt ceiling. So I hope you understand what's happening here. And I'm not trying to say it's not important to vote, or it's not important to understand what different parties are doing, but there's certain things they agree on and they kind of put on a show that they're fighting each other or not.

They both do the same thing. Go back in history and just watch it play out over and over right when you don't get blinded by the narratives, and you just see what bill was passed, what the Fed is doing, what the Treasure is doing. It tells you the story, but you have to go past the mainstream media and

do your research. Right, Not too many people are going to the Saint Louis Fed website to look at the M two money supply, many of just living their lives going about, Oh you see these democrats, Ah, these Republicans. They get caught up too much in the narratives instead of looking at the data. And I hope you see where I'm trying to point you here, because this is what drives asset prices. Obviously, like I said, there's another layer to it with earnings for companies and adoption and

all these things. Right, so don't get me wrong, but the main catalyst is this, guys. So I'm bullish. I like what I'm seeing from the macro despite the corrections we're seeing here. And you know I shared with you guys the other day. The stock market, the NASDAC, the Dow Jones, the SMP five hundred are seen a little bit of a bounds, but I'm not sure if we're

completely out of the woods yet. And maybe this week with the FOMC meeting, we get some positive news and the markets start ripping, and guess what people are going to forget about this corrective phase. It's the same thing over and over and over. And as I've said in the past episodes, in my recent newsletter, the different signals that have triggered the top of the crypto market are not there. So I look at all these pieces of

information together, not just one, to form my thesis. So fingers crossed, guys, we get some good news this week. But I like to remind you, guys, anytime there's an FMC meeting in a respective week, it's extremely volatile, so you're gonna see swings up and down, so don't be surprised by that. And you can't really judge the market this week, honestly, right, how many times have I told you, guys that you can't judge it. You have to wait maybe the following week, let the dust settle, and hopefully

we get some very good news here. Given that the stock market, crypto everything has been selling off, consumer confidence, all these things are down, so we'll have to wait and see, guys. And here's a funny one that may be good for us. Jim Kramer, the mad money man himself, says the market is preparing to give up some gains, so he's bearish and as you all know, inverse Kramer, right,

you do the opposite of Kramer. So maybe we'll be back this week, if not this week, the following week, where you know, the markets will start to climb out of this hole that we're in. So let's see you, guys. But Kramer strikes again, folks, quickly from our sponsor, and that is Proppy. Proppy is a leader in putting real estate on chain.

Speaker 2

Guys.

Speaker 1

You can use Propy to buy and sell real estate, and of course you can do it with crypto. And their platform is powered by blockchain and a lot of the processes and contracts and so forth are on the blockchain. This is the future. And this is why I invested in Propy or the Propy token back in twenty eighteen, because I saw them being a leader in this space. I didn't see anyone else doing this. And they're partnered with a lot of the real estate associations in the

US and putting titles and deeds on the blockchain. Guys. It's pretty amazing. So they've been around for a long time. Since twenty seventeen, they have facilitated over four billion dollars in transactions and they are a licensed weathere pioneer. They use a coinbase for their crypto escrow for when you're buying and selling properties. And like I said, they're putting deeds and titles and much more on the blockchain. They've

done NFT addresses and so forth. So you know, we've often talked about tokenizations the future of finance and everything will be on the blockchain. Propy is a leader here once again, I'm a token holder, and they have a great campaign going on where you can earn some free tokens such as sharing their vision video. You can get ten pro tokens. You can sign up an invite and friend and get more tokens and much more. So this is a great campaign and why not get some free tokens?

So check it out link wobing the description. Guys. All right, guys, now we've been talking a lot about the big news that happened last week where Senator Haggerty's stable Coin Build a Genius Act made it out of the Senate Banking gop OR Committee, I should say, and it's now going to make its way to the Senate floor to be voted on. And I said in last week's podcast there are many layers to this onion to peel back here.

And that is one stable coin legislation, right, giving clarity to the market, more people being able to launch stable coins, and make sure you regulate the players so they don't scam anybody or do anything bad, because bad actors appear in every market. Of course. Two the geopolitical aspect, where US dollar stable coins will help the US dollar maintain

its will reserve currency status. And I said that both Democrats and Republicans are going to be on board here because these are the things they can they usually agree on, right, the power of the United States, the money printing as mentioned earlier, so those are things usually don't see fights about. So Democrats supported the Genius Act from Senator Haggerty to get this done. And Senator Tim Scott he posted a video today he's the chairman of the Banking GOP where

he talked about stable coins and crypto. Let me play the clip for you.

Speaker 2

Crypto currency is here to stay. We want to innovate in America before we overregulate it. We had a framework put in place led by Senator Haggarty, Senator Lummus myself making sure that the stable coins to understand stable coins. It's kind of like a traveler's check on the blockchain. It gives people more access to the resources, and it will reduce the cost of doing business in America a

leap in the right direction. We will be the country that leads in the crypto currency footprint for generations to come. It's another promise made by President Trump on the campaign troll, another promise that we're keeping in our legislative agenda and priorities. The American people can rest assured that democratization is here to stay, and it will get better and better as we move these bills to the President's desk to be signed into law. It was a really good week.

Speaker 1

So you heard what he had to say. He started out by saying, crypto is here to stay. This is a congressman who heads up the Banking Committee. Guys, the Senate Banking Committee, Please recognize what's happening here. This is a paradigm shift. And we have tradfy wall streets here, Blackrock, all these guys, and you have the government on board. So if you are feeling bearish and dismayed by the price action, you're not looking at the bigger picture. You're

just emotional about the price. And I don't say that to put you down or make you feel bad, but to wake up to move beyond the price price is important. Guy. I've said many times I have financial goals. I want certain price points for the crypto I hold, and I want to take profits, and I'm going to do that

this year. But I got to be patient, right and I have to look at the bigger picture of what's happening, because there is a lead up to the higher prices, things like legislation, things like getting all these people on board, which fosters innovation and gives the green light for more capital to come in. When you have the President's pro crypto, Congress is pro crypto, the SEC dropping crypto cases, and much more. So I hope you understand what's happening here.

So guys, big statements from Senator Tim Scott here, and I'm so bullish on what crypto is going to look like as we progress into the year. Now. US Representative Byron Donald's he's of course out of Florida, and I had him on the podcast years ago. I think it was twenty twenty. I from not mistaken. He has introduced a bill to cement President Trump's strategic Bitcoin reserve into law, protecting it from future administrations. So they have to get

this done right. It can't be an executive order. It has to go through Congress because if it's just an executive order, another administration can come in and wipe it out. But if Congress gets it done, guys, this would be really big and I'm excited. So this is the right move. And Byron Nonels has been a pro crypto for a long time before many members of Congress. So really great to see that this is happening. Final news item here

I want don't you guys know about Solana. Solana marks five year anniversary as network activity dips, fire Dancer launch inches closer. So Solana has seen a dip, but the overall market has seen a dip. However, a lot of meme coins have been on Solana and that market is right up, thank god.

Speaker 2

Right.

Speaker 1

Some of you may hate me for saying that, but it was too frothy and we saw it was getting too djen where I mean the meme coins and the rug pulls is just ridiculous. And I'm not against all meme coins, like I believe there are legiti meme coings that have build a brand and a community, and they're trying to get real world adoption and much more. They're not set up as RUG poles, right like your doge Goines,

your Pepes, your bonks and so forth. But as you guys know, there's been a ton of rug poles just started overnight and they get you know, you think about Dave Portnoy and all the nonsense he was doing it much more so. User activity has dipped somewhat on the network as pump dot fund activity wanes. Saturday mark the lowest proportion of tokens graduating to radium since the platforms

launched last year. Great news, Jump Cryptos fire Dancer Solana client, currently in its test phase, is expected to launch this year.

Speaker 2

Now.

Speaker 1

Fire Dancer is going to be very big for Solanum. Obviously, we have to wait and see how it will perform and how things will play out. But this is a big update coming for Solana and it should help it to have less downtime and to be more efficient and much more. So, let me give you some details on

fire Dancer. The next significant milestone for the blockchain will like be the launch of Jump Cryptos fire Dancers Solana client, which provides an alternative high performance client for the network, increasing its transaction processing capabilities and resilience to threats and outages. A testnet version of the client and prototype Mayet version named Franken Dancer, both launched in September of last year.

Though its launch was originally planned for the second quart of twenty twenty four, fire Dancer is widely expected to launch in full this year. Helius co founder Mert Memt has a significant figure in the Salona community, predicted in December that fire Dancer will go live end of Q two. The upgrade is expected to help Salona scale towards its goal of one million transactions per second. That's pretty good and it looks promising. Now we have to see if

it actually works right. And I'm not being biased in any way. I hold some Solana tokens, but if this upgrade was happening on ethererem or XRP, I have to say, hey, let's see if it works right. We're not here to be emotional or bias or have some sort of maximalism like bitcoin maxis and so forth, but to make sure these things work because we are here to make money, guys, and ride the wave of this new technology and the adoption it's getting. But Solana has been getting a lot

of adoption and you can't argue with that. That's the facts. But you know, one of the things that I'm curious about because it says the end of Q two and the timing right, you always got to watch the timing and how it aligns with market seasonality and what we've seen historically. So for example, usually Q two is very good for markets, especially in bull market years where you know, April, May June are very good. But then there's this saying sell and may go away because the summertimes are not

usually that great. So could we see a reversal in the crypto market soon that starts starts the process of us going up. April is really good and it May

is really good. Then there's a sell off in early June, and as always, buid the rumor sell the news event right, So Solana may start to get some bullish momentum as people get excited about oh, fire Dancer is going to be launching end of May or June, right, And just like we saw with the ETF launch, just like we saw with Trump winning the election and coming into office, pump buider rumor sell the news right then the dump.

This is just the cycle of markets. It happens in the stock market as well, so I hope you guys understand. So this is you know, the timing of it. This is where you want to read between the lines, right. They may be holding off on this to catch the bullish momentum. So this is promising, you know. But let's see that we don't have a crystal ball. We don't know everything that's going to happen in the future, but we can form a thesis and look at what's happening.

So this is really big for Solana and could signal also that we are going to have that rally that we've been waiting for. And I think that rally would have started sooner if we didn't have these macro factors of the tariff stuff, which is really put a lot

of fear in the markets. And don't get me wrong, we were due for a correction to the Q four run up, which was really strong, right because you had the Trump effect on top of it, so euphoria sentiment was really high, and the markets always do the opposite of the herd, so the herd was coming in mean coins Trump one, Look, what's going to happen this that right, so much euphoria. We're going to one hundred and twenty

five thousand dollars for bitcoin and more correction. But then you add the layer of the tariff wars which really kept pushing us down, and that pressure is felt across all markets. But as I started a podcast with guys FMC meeting this week, the status quo must continue at some point and we just have to be patient. Guys, let me know what you think about all these things. Do you agree with me? And are you looking to say at the same data I'm looking at. Let me

know your thoughts in the common section. Guys. A great way you can support me in the podcast is by subscribing to my free email newsletter. It's one hundred percent free. It's on Substack. Also check out my book on Amazon. It's available in paperback and digital. And if if you want to expand your crypto knowledge, because knowledge is power, check out my new course at mycryptocurse dot com. It's a comprehensive course that covers every aspect of crypto and

what sets it apart from other courses out there. It features expert commentary you will hear from founders, CEOs, institutional investors, and much more. It is jam packed with value guys, video content, text, write up, downloadable materials and much more. Pay a one time fee and get lifetime access. You can go to your own pace and share to log in with your friends and family and check it out. Guys, go to mycrypto course dot com. Thank you for watching listening.

I appreciate you all and I'll talk to you all later

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