XRP could pump to three dollars plus this Sunday or Monday, as the sixty minutes interview with Ripples CEO Brad Garlinghouse is going to be airing and it's going to expose Gary Ginster in the corruption of the SEC. But of course a very big spotlight will be put on XRP in the crypto market, and the SEC is blocking the Salona ETF's most surprise there. I'll give you the details. Let's get into it. Hey, everybody, welcome into the Thinking
Crypto podcast. You're home for cryptocurrency news and interviews. I'm your host, Tony Edward. On your way in. Please sit 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, Let's start by taking a look at the price of bitcoin. Right now, bigcoin is
sitting comfortably above one hundred thousand dollars, very good sign. However, yesterday we had that flash crash and bitcoin rebounded to over a undred thousand, so this could be a dead cat bounce. So we have to be careful here because I want to give you the bear scenario, and that is Bitcoin could roll over and test support levels. Now that doesn't mean the bullmarket's over, it's just from the
micro view, a bitcoin could do these things. These things are normal in a bull market, and it could test the ninety three K eighty AK whatever it is before moving up to higher prices, So be prepared for that. I'm letting you know about these scenarios so that you're mentally prepared, especially if the market turns over, because these things many times can shake people out because they don't
understand market cycles. They don't understand the volatility in this market, and you have to learn to embrace the volatility because that same volatility that pumps us very high takes us low, but it gives us opportunities to buy and do all the cost average in and of course get the massive gains when it swings back the other way. So you have to keep these things in the back of your mind to navigate the waters here in this bull market.
But I'm definitely expecting higher prices this month. So bitcoin could test some support levels in the short term a week, a couple of weeks, and then by Christmas it's going nuts, right, So just be prepared for all these different things. Now, something that's very bullish for the entire all coin market is Etheroreum is back over four thousand. This is a very good sign. Etheroreum has been a laggard this bull market cycle. But as I always tell you guys, the
liquidity flows through the market. Every dog has its day in this bull market, and the liquidity hits different all coins. That's why they don't all pump at the same time. You know, over the past few weeks we saw those coin cardono XRP pumped at different times. So Etherereum is going to have its day. It's on the move and I think it could break its old all time high this month. And once it does that, it's going to enter into price discovery, just like we saw for the
other all coins and even bitcoin. So eth let's keep a close eye on it and remember that many different all coins are built on the Ethereum blockchain, as ERC twenty tokens and more so, very very bullish for the all coin market. And here a blockchain backer who's a great and list highlighted the total all coin market cap, which has broken the old all time high which was set in twenty twenty one. So the entire all coin market is on the rise. Guys, very beautiful. I love
what is happening here. Exciting times, exciting times. So even if you don't hold bitcoin, you want bitcoin to do as well as possible because a lot of liquidity comes through Bitcoin and then it rotates down to the all coins. So things are looking really good. Things are on track. And today Tether minted two billion in USDT. Yesterday I told you guys about the one billion that was minted,
so you see what's happening here. The stable coin liquidity continues to increase, That liquidity will be going into the market. This is why we look at charts, we look at on chain metrics, we look at stable coin liquidity. We're not here to make up fairy tales and nonsense. We're looking at data and the different fundamentals to tell us where we're at and where we're going. So expect this two billion to enter the market pretty soon now, guys.
Ripple CEO Brad garling House highlighted that his interview with sixty Minutes, we'll be airing this Sunday, December eighth. This is very big and if folks at sixty Minutes started posting clips on Twitter as well as YouTube on their YouTube channel highlighting some of the things that were being
discussed in that interview. And in one of the clips they showed, Brad garling House pretty much is exposing Elizabeth Warren and Gary Ginster talking about their attack against the crypto industry and the reason the crypto industry had to come together and raise so much money in this election cycle they were the biggest spender was because of that attack. Now that's very bad for Elizabeth Warren and Gary Gainster because this is a mainstream platform. On the other side
of the token, it's very good for XRP. This gives visibility to XRP to the masses. This is not necessary for you and I. We know XRP, we know the crypto market, we know what to do, but there are many people who don't know yet. They're hearing things and they're thinking about investing. So this is very bullish for the token itself because it's mass awareness. So could we see a comes Sunday even into Monday following the airing
of this interview. It's possible. And XRP on the charts is looking like it's ready to blast through three dollars, so get ready, guys. Very good for XRP, Very good for the crypto industry with Brad exposing Gary Ginster and the sec. Really really big stuff here now, folks. A great place where you can buy XRP, Bitcoin and other all coins is on Uphold. It's a platform I've been using since twenty eighteen. They have three hundred plus cryptocurrencies.
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about Uphold. Visit the link in the description. All Right, guys, moving ahead, we got news here that SEC commissioner who's a Democrat, Caroline Crenshaw, she's up for renomination and there's gonna be a vote now. Even if she does get selected again, she's outnumbered because you're gonna have Paul Atkins coming in, who's a Republican siding with Marky Wada and has the purse. So the dynamic is gonna flip. However, I'm not a fan of Crenshaw because she was anti crypto,
just like Gary Genser. She actually signed a letter, you know, trying to block the Bitcoin spot ETFs, even after the courts called the SEC arbitrary and capricious. James sayfer to Bloomberg highlighted this. He said, she wasn't just an ally to Gainser. In my opinion, she was more vehemently anti crypto Thangainser. Just read through her sent letter on the Bitcoin ETF approvals back in January. The other Democrat commissioner, Lizarraga, didn't even join her in that letter. So Lizarraga is
on his way out. But Crenshaw is anti crypto, so I hope she does not get renominated. I hope she gets kicked out and at least we get someone who's more pro crypto on the Democrat side, because we do see more pro crypto activity from Democrats. But Crenshaw is against her. She should be kicked out as well. We know against her is out. But even if she does get renominated, she's out numbered, so that's a good thing. Now.
Eleanor turretta Fox Business is reporting that she's confirmed that the SEC has notified at least two of the five prospective issuers that it will reject their nineteen B four filings for the Salona Spot ETFs. She said, the consensus here, I'm told, is that the SEC won't entertain any new crypto ETFs under the current administration. Now we know they don't want to prove this right. But however, the Gary Againster's tenures coming up, it's the end of the year,
there's going to be change. So from a procedural standpoint, it makes sense not to do anything. But we know, guys, we know they don't want to approve anything else. And it took the courts to get them to prove the Big Coins BOTYTF. It took threats of lawsuits from Consensus and others to get the etherorem ETFs approved. So Gary Gainser's a scumback regulator. So this comes as no surprise. But there will be no other et aps until I think next year when Paul Atkins is in office. Any
sec makes a pivot here. Now, the other news that's been circulating around guys is that Coinbase released their Operation Choke point two point zero letters, and Paul Growoll Coinbase said this is not a conspiracy theory. So a lot of people are coming out and saying, hey, we got blocked by different banks and they were told to stop business with us, and we know that's Elizabeth Warren. She and her cronies made the call to do that to unbank crypto, to try to stifol it and kill it
as much as possible. Right, they needs at least not the technology, because the technology is here to stay, and that's why Wall Street came in launched Your et aps are tokenizing it much more. So. I'm glad that all this information is coming out. It's exposing Gainst her, it's exposing Warren in her anti crypto army. Paul Griwall said, the letters that show Operation choke point two point zero
wasn't just some crypto conspiracy theory. FDIC is still hiding behind way over broad reactions and they still haven't produced more than a fraction of them, but we finally got the pause letters. I'm very proud of the team for pursuing the Foyer request through the endless FDIC denials, appeals
and even a federal lawsuit. We're just getting started. We'll keep pushing to get clarity and full transparency from the government, including the unredacted versions of these letters, by every appropriate and beings necessary. So guys, we know it was the all out attack and this was all Elizabeth Warren. But all that's going to be cleaned up now with Trump coming in. He's appointing pro crypto people, obviously SEC Chair Paul Atkins pro crypto, even Scott Descent Head of the Treasury,
He's said pro crypto things. And then yesterday Donald Trump announced his White House crypto and AI czar, who is David Sachs, who owns Crypto. In fact, David is a big Salona investor, bitcoin investor, and things are going to change. But you're seeing a bit of the fallout here and the details are coming out now. There was even a hearing Congressional hearing this week which Patrick McHenry and others highlighting the banking of crypto, which is Operation Choke point
two point zero. And I actually cover this in my book. Guys, so you know, get the book for yourself and your friends and family, give it as a gift to them this holiday season. And the book talks about Crypto's past president, future, talks about the SEC lawsuit against Ripple, It talks about Operation Choke point two point zero and Elizabeth Warren and
her nonsense. People should know these things, you know, what has been happening, because they usually just read headlines and they don't realize what Sam Beckman free was doing, what he was doing with Gary Gincer and why he was in crypto right, and the industry has grown from that. So help them to learn about cryptos that they don't get wrecked. And if you bought a copy already, guys, please leave a rating and review on Amazon. It helped me out. And I also be sure to sign up
for my free email newsletter. It's one hundred percent free on substack link will be in a description. Thank you guys for watching and listening and I appreciate you all, and i'll talk to you all later