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1:00

trillion, Charles Swab says they are

1:03

going to launch crypto trading.

1:05

This is bullish and huge

1:07

news. Another Wall Street domino

1:09

has fallen and Bitcoin moves past

1:11

$87 ,000. Are we seeing

1:13

the move towards the next run

1:15

up? I'll share all the

1:17

details with you. Let's get

1:19

into it. Hey

1:25

everybody, welcome into the Thinking Crypto Podcast, your

1:27

home for cryptocurrency news and interviews. I'm

1:29

your host Tony Edward. On your way in,

1:31

please hit that subscribe button as well

1:33

as the thumbs up button and leave a

1:36

comment below. If you're listening on a

1:38

podcast platform such as Spotify or Apple, please

1:40

leave a five store rating and review. Folks,

1:43

we're seeing some movements on Bitcoin.

1:45

It's currently over $87 ,000. When

1:47

you look at the daily chart, we

1:49

are seeing higher highs and higher lows.

1:51

So we're stair stepping our way out

1:53

of this hole and we're seeing some

1:55

strength here. It's really good. So Bitcoin

1:57

is very close to passing the 200

2:00

-day moving average. What have I told

2:02

you guys? When we are above

2:04

the 200 -day moving average, we are

2:06

certainly and definitively in a bull market.

2:08

When we are below it, if

2:10

Bitcoin hangs out there too long and

2:12

starts going into a downtrend, we're

2:14

in a bear market. Now, Bitcoin has

2:17

been teetering right below it, kind

2:19

of knocking on the door of a

2:21

bear market here. but looks like

2:23

it's starting to come out. This is

2:25

what we saw last summer with

2:27

the Japanese yen carry trade situation, the

2:29

markets all crashed, similar to what

2:31

took place with the terrorist stuff over

2:34

the past couple months, stock markets,

2:36

crypto, everything crashed. Same thing happened last

2:38

summer, not as bad of course.

2:40

But Bitcoin stayed down there, boring, chopping

2:42

sideways, even dipping down again and

2:44

retesting supports. Then it made its way

2:46

out in Q3 and in Q4,

2:48

melted phases. And we saw a lot

2:51

of all coins run up as

2:53

well. The same type of setup

2:55

is happening here. This is the data, not

2:57

my feelings or emotions. There are going

2:59

to be people in the comments, oh, it's

3:01

a fake out. It's still a bear

3:03

market. You guys are idiots. But they won't

3:06

give you data. They'll just give you

3:08

sentiment. I'm not here for the herd sentiment

3:10

because the herd right now thinks everything

3:12

is over, right? They look at the stock

3:14

market. They look at everything that's going

3:16

on with tariffs. But as I've been telling

3:18

you guys, there will be a resolution

3:20

to the tariffs and the markets are going

3:23

to price the tariffs and eventually because

3:25

they're going to become oversold. The markets don't

3:27

keep going down forever. They find their

3:29

bottoms and then they start moving up. Very

3:31

good sign. Here's another very bullish sign,

3:33

my friends, on the higher time frame with

3:35

the weekly chart, the Bitcoin weekly chart.

3:38

We're seeing the MACD, if you see where

3:40

my mouse cursor is, it

3:42

is showing bears are losing strength as

3:44

Bitcoin is starting to rise up

3:46

here. And you see the green candles

3:48

on the weekly chart. Very bullish.

3:50

Now, if you go back a few

3:52

months, going back to, I should

3:54

say four months, to November,

3:57

Or even October of last year,

3:59

when we had that big run

4:01

up, you saw the bears were

4:03

losing momentum towards the end of

4:05

September and then October the green

4:07

candles started on the MACD here

4:09

and that coincided with the massive

4:11

pump we saw. Same thing playing

4:13

out here, right? I'm seeing the

4:15

data showing me this now. Not

4:17

my feelings or emotion, guys. I'm

4:19

saying that because people get very

4:21

emotional about these things when they

4:23

shouldn't be. We don't invest our

4:25

emotions. So you see the MACD

4:27

showing the bears are losing strength

4:29

with the red candles diminishing, becoming

4:31

they're not dark red anymore. That's

4:34

how it's displayed. And then it

4:36

goes into the green, guys. So

4:38

things are setting up beautifully here.

4:40

Now, you may say, Okay Tony,

4:42

but this is only one or

4:44

two factors you're showing here. Okay,

4:46

let's look at other data points.

4:48

The DXY crashing guys, it is

4:50

below 99. It's currently at a

4:52

98. This is bull market

4:54

setup right here. The DXY historically,

4:56

and this is correlated to the stock

4:58

market, when it is down and

5:00

is crashing, risk assets are moving up

5:02

now there is a macro factor

5:04

of the tariffs slowing things down and

5:07

there's a bit of a lag

5:09

so you have to understand that but

5:11

this is not a bear market

5:13

set up for risk assets and that

5:15

includes crypto in the stock market

5:17

this is bullish And then

5:19

you look at global liquidity, it

5:21

is surging. It's breaking out. We

5:23

see China and different central banks

5:26

are printing. And I expect

5:28

the United States to print sometime

5:30

this year. They've already done some liquidity

5:32

injections from the Treasury general account,

5:34

but we need the signal from Jerome

5:36

Powell and the Fed. And we

5:38

know they have just ramped down QT

5:40

significantly. So what comes next? QE.

5:43

Now, they may not call it QE.

5:45

They may name it something else, but it

5:47

doesn't matter. As long as it contributes

5:49

to liquidity going up, risk assets will follow,

5:51

guys. This is what we've

5:53

seen historically. It's the data. And

5:55

you throw into the mix, whales are

5:57

buying. So look at this. Abrac's

6:00

capital linked wallet withdraws 505 Bitcoin

6:02

from Binance adding to a $250

6:05

million haul over four days. So

6:07

people who are tracking the on

6:09

-chain data and you may say,

6:11

well, Tony, why didn't this move

6:13

the price? Why isn't Bitcoin pumping

6:15

like crazy? They buy OTC. They

6:17

don't buy or even if they

6:20

buy off the market, they buy

6:22

in small increments. They don't put

6:24

a buy order for 500 Bitcoin

6:26

because then everybody can pretty much,

6:28

you know, see what's happening. They

6:30

buy in small increments or they

6:32

buy OTC so people who know

6:34

the wallets are linked to these

6:37

respective institutional investors are tracking it

6:39

and they're seeing the movements of

6:41

the Bitcoin guys incredible stuff and

6:43

The data I've been showing you

6:45

from our partner sentiment. I've been

6:47

showing this to you guys for

6:49

years, right? And it's been in

6:52

our newsletter Bitcoin whales with wallets

6:54

of ten or more Bitcoin continue

6:56

to accumulate look at the chart

6:58

here Despite the drop we saw

7:00

a bit of a sell -off in

7:02

late February into early March, then

7:05

a plateauing, then a spike,

7:07

and a continuation of accumulation.

7:10

I mean, this is the data, look

7:12

at what it's telling us guys. And

7:14

as I've been writing in my newsletter,

7:16

the whales know something they know, the

7:18

guys who are connected and they, these

7:20

are the guys that move the market.

7:22

So I'm following this data and it's

7:24

helping me to navigate the market guys.

7:26

And you throw into the mix the

7:28

fear and greed index, the market has

7:30

been in a fear zone. These

7:33

are all conditions that are conducive

7:35

to higher prices and a bull market.

7:37

Now, if you have fear in

7:39

a bear market, it's not

7:41

bullish. But in a bull market, when

7:43

there hasn't been an invalidation of

7:45

the bull market, this is so bullish

7:47

that people are fearful in a

7:49

bull market. So, you know, the same

7:51

crowd, the same herd will fomo

7:54

in. It's the same story over

7:56

and over. Now, count yourself lucky.

7:58

If you have learned, and hopefully I've

8:00

helped you to learn how to

8:02

navigate these markets, Even as hard as

8:04

it is that you are not

8:06

panic selling and you're not panic buying

8:08

You're hodling your dollar cost averaging

8:10

in and you have a macro view

8:13

that will pay off beautifully And

8:15

I want to share this video from

8:17

Warren Buffett. It was just circulating

8:19

the other day I picked it up

8:21

on April 16th and it pretty

8:23

much talks to what is happening right

8:25

now Let me play it for

8:27

you. People behave very peculiarly in

8:30

terms of the reactions because

8:32

they're human beings and they get

8:34

excited when others get excited

8:36

they get greedy when others get

8:38

greedy they get fearful when

8:40

others get fearful and they'll continue

8:42

to do so and you

8:45

will see things you won't believe

8:47

in your lifetime and securities

8:49

markets and the country will do

8:51

very well over time but

8:53

you will see these huge waves

8:55

and if you can stay

8:58

objective throughout that If you detach

9:00

yourself temperamentally from the crowd, you

9:03

get very rich. And you

9:05

won't have to be very bright.

9:07

I mean, I'm sure you are.

9:09

But it doesn't take brains. It

9:11

takes temperament. It takes the ability

9:13

to sit there and look at something. When

9:15

I started out in 1950, I would go

9:17

through and find things at two times earnings.

9:19

And they were perfectly decent businesses. And people

9:21

wanted jobs at those companies. And everybody knew

9:23

they were going to be around. And

9:26

they wouldn't buy them at two times

9:28

earnings. And that's when interest rates were

9:30

2 .5%. I started selling securities when

9:32

I was 21. And Kansas

9:34

City Life Insurance Company happened to

9:36

be a fairly prominent company in Omaha.

9:39

And the policies they sold you,

9:41

if you were buying life insurance

9:43

from them, had a build -in assumption

9:45

of 2 % interest. The

9:48

stock of Kansas City Life was

9:50

selling at less than three times earnings.

9:52

You were getting 35 % if you

9:54

bought the stock. No question

9:56

about the soundness of the company. I went to

9:58

the local agent. I figured, hell, I

10:00

ought to be able to sell him a few shares of

10:02

stock. I mean, the guy, don't understand. He's got his whole

10:04

life invested in this company. I went to the local agent,

10:06

we've been with him for 20 years, and

10:09

his name was Moussa. said, Mr. Moussa said, you're

10:12

selling these policies with 2%. You may

10:14

even have a few members of your own

10:16

family, and you can buy into this

10:18

company whose paycheck you depend on every month

10:20

and whose future your beneficiaries of these

10:23

life policies depend on. and who

10:25

you're selling him, you know, a 2 % investment on,

10:27

and you can get 35 % on your money. You

10:30

know, stocks aren't any good. And

10:33

I couldn't sell you, you know, I was

10:35

a lousy salesman. I mean, well, you have

10:37

to start with that. But, but it just

10:39

blew me away. It blew me away. I

10:41

thought sometimes I used to wonder if I

10:43

was nuts. So notice the big takeaways he

10:45

talked about and temperament, right? If you detach

10:47

yourself from the crowd, you'll get rich, he

10:49

said. Now, it doesn't mean you're going to

10:51

become a multimillionaire like him, but you can

10:53

make money, right? Because it depends how much

10:55

you're putting into the market, of course. And

10:58

he essentially said, it doesn't take brains. You

11:00

don't have to be a rocket scientist, but

11:02

it takes temperament. It takes going against the

11:04

herd. This is why I keep saying, don't

11:06

be emotional about the markets. Yes,

11:08

it sucks to see price going down.

11:10

Yes, it's boring as hell when Bitcoin chops

11:12

sideways like it has been, right? It

11:15

is boring. It is annoying. And

11:17

don't get me wrong, I've been here

11:19

since 2016. I still feel those emotions, but

11:21

I put them in check. I

11:23

make sure I go to the data and say,

11:25

OK, What is the data telling me? What is

11:28

happening here? And then I

11:30

am able to put my feelings

11:32

and emotions in check, leave them

11:34

at the door and say, okay.

11:36

I'm still in this investment. I

11:38

believe in the macro thesis and

11:40

things are still in play for

11:42

a bull market and I'm just

11:44

going to wait patiently and that's

11:46

the big part of investing. That

11:48

is how smart money has beaten

11:50

retail for years upon years because

11:53

the mainstream media also sells the

11:55

fear and the sensationalism and it

11:57

gets people to panic sell and

11:59

panic buy. And that's not investing, right?

12:01

You might as well go play the lottery. So

12:04

really great advice here and

12:06

I think timely that this

12:08

has been circulating. Now,

12:10

folks, the big news from

12:12

Charles Schwab. Charles Schwab CEO says,

12:14

spot crypto trading will likely

12:16

launch within 12 months. My

12:18

OG subscribers and listeners, remember

12:21

when I was talking about Charles Schwab,

12:24

eTrade, all of them would capitulate. I've been

12:26

saying this for years. They

12:28

are all going to capitulate because this

12:30

is the next layer on top of

12:32

the internet and you would have to

12:34

be an idiot to ignore it and

12:36

to go against it. This technology is

12:38

going to power the way we transact

12:40

with each other. I've often said blockchains

12:43

will be powering the economy, the markets,

12:45

the governments. So even Charles

12:47

Schwab has to bend the knee here. Let

12:49

me give you the details. Charles

12:51

Schwab Corp. CEO Rick Worster,

12:53

who assumed a position in January,

12:55

has pursued offering spot crypto

12:57

trading support to the financial services

12:59

firm's clients, predicting a change

13:01

in the U .S. government's crypto

13:03

regulatory environment. On a recent earnings

13:06

call, Worster laid out a

13:08

more solid timeline for the company's

13:10

crypto efforts. He said, Our

13:12

expectation is that with the changing

13:14

regulatory environment, we are hopeful

13:16

and likely to be able to

13:18

launch direct spot crypto trading.

13:20

And our goal is to do

13:22

that in the next 12

13:24

months. Imagine

13:26

if you panic sold with all this

13:28

tariff craziness that was going on. But these

13:31

institutional investors, they don't care about this

13:33

stuff. They know terror stuff is not going

13:35

to last forever. They know markets don't

13:37

go down forever. They're going to bounce and

13:39

recover. And they recognize what

13:41

is on the horizon here and that

13:43

this technology is here to stay

13:45

folks. So. This is incredible. So

13:48

Schwab reported a surge of

13:50

40 % in quarterly profits on

13:52

the call as investors rebalance their

13:54

portfolios amid the volatile market

13:56

environment. Some of those investors may

13:58

be looking to invest in

14:00

crypto. According to Worcester, he said,

14:03

we saw a 400 % increase

14:05

in traffic to Schwab's crypto

14:07

site recently, 70 % of whom

14:09

were prospects. Wow. I

14:11

mean, the demand is there. This is

14:13

the next macro trade and I'm glad

14:15

I'm here early. And

14:18

here's what Nature Racy of the

14:20

ETF store had to say. As

14:22

I've said numerous times in the

14:24

past, spot crypto trading will be

14:26

table stakes for every major brokerage.

14:28

I wonder if the folks

14:30

at Vanguard are really questioning

14:33

their decisions and what their

14:35

previous CEO said they would

14:37

not touch crypto. But if

14:39

they don't get on board,

14:41

they will have a blockbuster

14:43

moment sooner than later because

14:45

all of the assets, stocks,

14:47

and commodities will all be

14:49

tokenized on the blockchain and

14:51

will be offered in tokenized

14:53

form. And Larry Fink, CEO

14:55

of BlackRock. gave the blueprint

14:58

already. And he talked about

15:00

tokenization as the future of finance.

15:02

So expect guys like Vanguard to

15:04

capitulate very soon. If not, they

15:06

will have that blockbuster moment. And

15:08

for those of you who don't

15:10

know what I'm talking about, Netflix

15:12

coming to blockbuster saying, hey, let's

15:14

join forces. You know, you want to

15:16

acquire us? No, we are not

15:18

going to acquire you. We love

15:20

our brick and mortar stores. And

15:23

the rest is history.

15:25

Go research it guys. Now

15:27

Vitalik Buterin floats swapping

15:29

Ethereum's EVM for RISC -V

15:31

to boost scalability. This is

15:33

interesting because the EVM

15:35

is used by many other

15:37

blockchains, even the XRP

15:39

ledger. So this is a

15:41

very important update and something

15:43

that could help Ethereum. And

15:45

I say could because we

15:48

need to see it actually work,

15:50

of course. So in a

15:52

new forum post, Ethereum co -founder

15:54

Vitalik Buterin proposes boosting Ethereum scalability

15:56

by using RISC -V as the

15:58

virtual machine language of smart

16:00

contracts rather than the current EVM

16:02

bytecode. Buterin said the radical

16:05

and ambitious idea would be the

16:07

only viable path for significantly

16:09

scaling Ethereum's execution layer. So

16:11

adopting RISC -V, pronounced risk

16:13

five, okay, risk five,

16:15

that's what it has pronounced,

16:17

an open source processing

16:19

architecture capable or comparable to

16:21

its proprietary competitors like

16:23

ARM and x86 could slash

16:26

on -chain execution costs buy

16:28

as much as 100x

16:30

in some cases Boudrein argues.

16:32

old -style EVM contracts will continue

16:35

to work and will be

16:37

fully two -way interoperable with

16:39

the new -style RISC -5 contracts,

16:41

Buterin notes. So this could

16:43

be big. This could be a

16:45

strong narrative -free theorem if they are

16:47

able to do this as the bull

16:49

market continues. And it could be

16:51

the catalyst that helps ETH to rally

16:53

because it's been suffering. It's taking

16:55

a beating in this bull market. But

16:57

things like this could really help

16:59

because what's going to happen is a

17:01

lot of the liquidity that has

17:03

went to the layer twos and there's

17:05

so many on top of Ethereum

17:07

will start the liquidity will start flowing

17:09

back to eat the layer one

17:11

and Allow more people to build on

17:13

a theorem directly versus on those

17:15

layer twos not saying layer twos are

17:17

gonna completely go away. I think

17:19

some of them have unique aspects, but

17:21

It will help improve the adoption

17:23

and usage of ethereum is layer one.

17:25

So we'll see if they're able

17:27

to do this, but This could be

17:29

a strong narrative for ETH, the

17:31

second largest crypto in the market. So

17:33

let's see what happens. Folks, that's

17:35

the news. Let me know what you

17:37

think. Be sure to check out

17:39

our sponsor VeChain. They are

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I have the vet token in my

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Liu. So if you'd like to learn

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more, check out the link in the

18:14

description. Also, check out my newsletter.

18:17

It's 100 % free. Sign up there.

18:19

You can support the podcast that way.

18:21

Check out my book on Amazon. It's

18:23

available in paperback and digital. And my

18:25

new course at MyCryptoCourse.com. Guys, thank you

18:27

so much for watching and listening. I

18:30

appreciate you all, and I'll talk to

18:32

you all later. Sachs

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a qualifying 2025 TV and audio purchase.

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Visit Samsung.com to learn more. Valid 416 to

19:44

5 .4 and qualifying 2025 Neo QLED OLED

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in the frame TVs with Vision AI

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while supplies last. See Samsung.com for terms and

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conditions. Vision AI features vary by model.

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Upscaling utilizes AI based formulas and results may

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vary based on source content. Translation accuracy

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not guaranteed.