HUGE! ELON MUSK X CRYPTO & GOLDMAN SACHS BITCOIN INCOME ETF!
Crypto News: Goldman Sachs files for bitcoin income ETF in crypto push. Elon Musk's X Twitter adds improved cashtags for crypto and stocks. Fed pick Kevin Warsh discloses investments in a slew of crypto firms. Brought to you by 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto
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⏰ Time Stamps ⏰
00:00 Intro
00:25 Bitcoin analysis
03:05 Fed Chair Pick Crypto
03:55 Goldman Sachs Bitcoin ETF
07:08 X Twitter Crypto Tags Solana
09:01 XRP Adoption news
10:03 Crypto Exchanges AI
10:54 Tether Crypto Wallet
11:51 German Stock Exchange Kraken crypto exchange investment
12:58 Visa Stripe Tempo Blockchain
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#Crypto #Bitcoin #Solana #CryptoNews #Cryptocurrency #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto =================================================
The Thinking Crypto Podcast is your home for the best Crypto News and Interviews - crypto, cryptocurrency, crypto news, bitcoin, bitcoin news, xrp, xrp news, ripple, ripple news, ripple xrp, ethereum, ethereum news, cardano, ada, solana, altcoins, defi, news, interviews, podcast, metaverse, nft, altcoin daily, cryptosrus, coin bureau, altcoin news, bitcoin today, markets, investing =================================================
Disclaimer - The Thinking Crypto podcast and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. Note that links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to yo
Speaker 1: Hey, everyone, 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 hit that subscribe button as
well as the thumbs up button and leave a common blow.
If you're listening on a podcast platform such as Spotify
or Apple, please leave a five star rating and review. Okay, folks,
let's start with the price of bitcoin, because today bitcoin
pump two seventy five thousand dollars and we saw a
lot of shorts get liquidated. So this relief rally is
continuing slowly but steadily, and it's obviously taking a very
long time to play out. So this is why I've
been reminding you guys. Patience is the key. I've been saying,
you know this scenario would play out. Now. I often
caveat that by saying these are probabilities, they're not guaranteed.
Sometimes I say things and people don't realize that. They say, oh,
but you said it was going to do this, but
they forget the other scenario that I provided as well.
So people sometimes just want to hear what they want here.
But as always, there are multiple scenarios here, and it
looks like the bullish is starting to play out. I've
been saying, I don't believe this is a move to
new all time highs. A bitcoin could touch eighty k
then roll over, or it could go a bit higher,
possibly ninety k. Some people are calling for that retest
that is possible. We're going to have to monitor the
charts along with the stock market to see how things
play out, and of course, if things escalate with the
Iran war, it could cause markets to dump again. But
these things are part for the course when it comes
to investing, So this is why you want to have
a long term view. But you know, I think we're
not far from the bottom, guys. If the bottom's not
in already, I do believe a move to fifty k
is potentially possible, and the reason being, if you look
at the monthly chart, the bears are still in control
even though they're losing momentum. The red candle on the
monthly chart and the mac D is turning light. So
that's a very good sign, but it still has ways
to go. Look at the previous bull markets and how
long it takes to get out of this bottom zone.
There could be another flush downwards and then a slow
steady rise out of it. So just some perspective here
and things. We need to look at. Something that's very interesting,
the S and P five hundred. It looks like it
wants to break the old all time high. It's at
the cusp. It's knocking at the door there. So if
it's able to do that, that could be a positive sign,
and it could mean Crypto will follow as well. It
is approaching the overbought zone. It's not overbought yet, but
it is approaching that. So we're gonna have to see
how this all plays out. But I think if the
S and P five hundred continues to do well, and
if you also look at the Nastac it's also mirroring
what the S and P five hundred is doing, that
will be a very good sign. The Russell is also
doing the same thing. So we'll keep an eye on
the charts. But I like what I'm seeing on the
weekly chart because it has flipped green on the MACD.
I like what I'm seeing in the monthly chart because
bears are losing moment, so there's late at the end
of the tunnel here. So this is very very good.
Now let's move ahead. We have some very interesting news.
So President Trump's FED chair pick, which is Kevin Warsh,
has disclosed his investments and folks, it includes crypto. So
pretty incredible that we are seeing some high profile people
invested in crypto. And let me give it a breakdown here,
someone did a full breakdown. So Kevin worsh owns thirty
plus crypto projects. His disclosure includes Solana, Optimism, blast Compound, Dydx, Polychain,
Scalar Capital, Lightning Network, and Lighter. So pretty diverse mix
of projects and companies here. Crypto is this mainstream asset
now that a lot of folks are invested in, and
it's pretty bullish I think to have the FED chair
you know, owning crypto obviously with its being disclosed, right,
So this is very good. Okay, folks, let's move ahead here.
We got some big news from Goldman Sachs. So Goldman
sacks files for a Bitcoin income ETF in its crypto push.
So we're seeing the biggest of the biggest on Wall
Street getting involved, banks, investment firms, stock exchanges, building on
ramps to crypto, whether it be ETFs, financial products, tokenizations,
stable coins, and much more. So let me give it
to details. So Goldman Sachs has filed to launch a
Bitcoin premium income ETF, one of the first direct forays
intercryptocurrency investing. The proposed fund would give investors bitcoin exposure
while using options based premium strategies to generate income, targeting
those seeking yield rather than pure price appreciation. The move
follows Black Rocks plans for a similar income focused bitcoin
ETF and signals intensifying competition in more complex crypto products
as regulatory clarity improves. Now we've been talking about this
for a long time, right that it will go beyond
spot ETFs. Right, just simply being able to get access,
you're going to see index to You're going to see
all types of unique ETF products like this the income part.
So this is very appealing, Right, I want to get
exposure to bitcoin, I can also earn some income and
yield on it. Right. So that's a really, really big
sell for people who are going to look to put
a lot of money into these assets. They want to
put it to work. And look at the names that
are building this, black Rock and gold Men Sex and
we know they already have the client tell the trillions
of dollars of assets under management that they're going to
put a lot of their clients money into this, so
very bullish news here, folks, so again be patient, have
the macro view to long term view on this now, folks,
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moving ahead, we got big news coming out from Elon
Muss's X platform, and we know Elon is looking to
do a lot with Crypto integrated into the platform. He's
looking to make the platform in the app kind of
like the we Chat of the United States, being able
to send payments, invest in much more. Well. The head
of product at X named Nikita Beer tweeted out yesterday
crypto had a rough year, maybe we should launch something
to fix it. So not only is he the head
of product, but he also has in his profile advisor
at Salona. So these guys are building a lot of things.
So today they launched a new feature that allows or
expands on the cash tags, which is for stocks and crypto,
and it integrates a lot of different charts and cool features.
So this is really great and it brings real time
financial data directly on the timeline and in fact it's
power by Solana, So that's pretty big. A lot of
people are saying this was kind of like a nothing
burger because it was just an enhancement of what was
already there. But I think this is just one item
on a long list of things they're going to do,
because you can imagine they're going to integrate stable coins
and do a lot more. They may have a self
custodia wallet at some point as well. So I think
this is the start of a lot of the rollout
of crypto features for X. So very big, and you
know Elon's going to go all in guys, because he
has that vision again to make X like we Chat,
and he owns crypto, his companies have crypto in their
balance sheet, and he's definitely if he wants to get
involved with payments, he's going to have to use stable
coins and blockchain. That's the future. It is no way
around it. So I'm excited to see what the other
items are. But this is pretty cool, but obviously not
the big major announcement that I think people were looking
for anticipating. Now we have some very bullish XRP news.
So Rakutin will allow XRP to be used as a
payment method for its forty four million customers. The move
integrates XRP into Rockutin's consumer payments ecosystem, expanding real world
utility for crypto in retail transactions. We also have an
update that the XRP ledger integrates boundless, a zero knowledge
proving network, enabling financial institutions to transact privately on the
public blockchain without exposing transaction size, counterparties or treasury positions.
Now I've been talking about this ad nauseum that every
blockchain project is looking to integrate privacy, because if you
want institutions to use these or use your blockchain, you've
got to have a privacy feature. Institutions are not going
to have their proprietary data to customer data out there
on these public chains. So this is really really great
to see the XRP Ledger doing this, but so is
everybody else, and privacy could be a huge narrative going
into the next bull market. So that's something to pay
attention to. Now, we got some updates here that crypto
exchanges like Coinbase and binance are racing to prepare for
powerful AI models like anthropics Mythos or Mythos. So AI
is going to be a threat right in different ways,
especially to exchanges and so forth. Imagine having a million
AI agents or bots attacking a platform or website and
so forth or app. These exchanges have their work cutout them,
and it's not just them but other platforms and other industries,
especially in finance. So great to hear that they are
looking to build all of these safety features and preparing
for this attack. And you know, I think this is
even more of a threat versus quantum. Quantum is I
think far off, and we're going to see what they're
able to come up with here, but something we should
all be aware of now, folks. Today Tether they launched
a self custodial wallet, and I think this makes sense.
They have a huge, huge network of users across the globe.
They said here five hundred and seventy million people trust Tether.
Now we're putting the global infrastructure directly in your hands.
Meet Tether wallet, the fully self custodial app design for
everyday life. So it says here universal USDT, USA, t
or F. I'm not sure where that is, but xaut
that's their goal product and Bitcoin on chain plus lightning,
so very very cool. It says simple send to Tether
dot me username with one QR code across all networks,
secure your own keys safely backed up to your cloud.
So this is a significant move by Tether. Again, they
are so big, used across the globe by many different
folks in different countries, so it would be a natural
fit for a lot of folks, So a smart move
on their part. Now, German stock exchange operator Deutsche Bors
buys two hundred million dollars in crack and crypto exchange,
so we get stock exchange is bangs the biggest institutions
in the world getting involved in crypto in one way
or the other. Now, I literally tweeted out when I
saw this news they're getting ahead of the IPO, And
then all of a sudden the news came along that
crack and Exchange confidently files for IPO Semaphore reports, So
I think we all know it's not a secret they're
going to do an IPO. The question is when, I
think everybody's waiting for better market conditions. So maybe if
this rally would bigcoin continues eighty thousand plus ninety thousand,
they might want to look to do a IPO, or
you know, wait till later this year if there's a
potential to hit new all time highs or we are
definitively out of the bear market. Right maybe we were
back over one hundred thousand, and things are slowly climbing
up and people are starting to feel more optimist, think
it might be a good time. You know. Obviously they're
going to watch the stock market as well, but we're
going to continue to see crypto companies go public and
this is a big investment from these folks at Deutsch Spores. Now,
Visa Stripe and Zodiac cust buy Standard Charter become validators
on Tempo's payments blockchain. So institutional payments heavyweights Visa Stripe
along with Zodia Custody by Standard Charter have signed on
as early validators for Tempo as it begins to expand
its initial small circle of operators. Validators run the infrastructure
that verifies orders and finalizes transactions on chain, a role
that lends itself to establish well capitalized institutions capable of
operating global always on systems. The new entrants fit the bill,
collectively processing trillions of dollars of payments each year. Tempo
is building payments infrastructure the way we think about it
at Visa, purpose built for moving value at scale, said
Koy Sheffield, Visa's head of crypto. Visa has spent decades
running one of the world's most resilient payment networks, with
global distributed data centers, built in redundancy and network level
defenses that block tens of millions of attacks and billions
in fraud every year. Bringing that operational rigor to Tempo's
validator set is a natural next step as stable coin
payment scale. So Tempo is an Ethereum compatible layer one
built for a high throughput payments and stable coin settlement,
particularly among larger institutions. So you're seeing a conglomerate of
institutions building blockchains now their own layer two. An example
would be Canton network. Obviously that's not a layer to
an Etherum, it's its own thing, but Tempo here is
an example, so it's really great. But obviously you can
get access to the base layer, which is Etheroreum, and
there's other blockchains out there, so you want to pay
attention to what these institutions are doing. And there won't
be one blockchain to Willemal I've said in many years,
if someone is telling you that they're lying right, it's
going to be a multi chain whirl, different blockchains for
different use cases. And one blockchain can hold or handle
the whole entire world's transactions financial transactions, that's not possible.
So you want to make sure you're diversified when you're
looking at investing, and you know, looking at which of
these blockchains are getting adoption and growing in value and
much more. Folks, that's the news. Let me know what
you think. Leave your thoughts and comments below, hit the
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