cover of episode 🚨GARY GENSLER RESIGNS! XRP PUMPING, BITCOIN NEAR $100K, CHARLES SCHWAB WANTS CRYPTO!

🚨GARY GENSLER RESIGNS! XRP PUMPING, BITCOIN NEAR $100K, CHARLES SCHWAB WANTS CRYPTO!

2024/11/22
logo of podcast Thinking Crypto News & Interviews

Thinking Crypto News & Interviews

AI Deep Dive AI Chapters Transcript
People
B
Bill Hughes
B
Bloomberg
C
Credible Crypto
C
Crypto Wizard
H
Hester Peirce
K
Kristin Smith
P
Paul Grewal
T
The Block
T
Tony Edward
通过《Thinking Crypto》播客提供加密货币新闻和市场分析的内容创作者和播客主持人。
Topics
Tony Edward 和 Crypto Wizard 都认为 XRP 已经突破了过去六年的阻力位,牛市已经开始。Crypto Wizard 预测 XRP 的目标价位分别为 2.70 美元、4.50 美元和 8.00 美元。Tony Edward 补充说,XRP 在这个市场周期中表现强劲,流动性正在涌入,并且有 SEC 主席离职、XRP ETF 和稳定币等利好消息。

Deep Dive

Chapters
The episode discusses the surge in XRP's price and its leadership in the altcoin market, supported by technical analysis and market sentiment.
  • XRP's price is currently at $1.36, showing a strong breakout.
  • Analysts predict XRP could reach $2.70, $4.50, and $8 in phases.
  • The market is seeing a lot of liquidity moving into XRP, driven by the narrative of the SEC chair's resignation and the potential for an XRP ETF.

Shownotes Transcript

Translations:
中文

We have one guys getting cancer, submits his resignation is a beautiful, great day. And i'll give you details what the industry saying, including elon mask and guys. The S.

C, C takes a major loss with the dealer role, and this is a huge Victory for the crypto industry. And bacon is near one hundred thousand dollars and X, R, P, S, pumping. And guess what? Charles swap is ready to jump all in on cyphered. Give the details. Let's get into IT.

Welcome into the thinking crypto podcast, your home for crypto to currency news and interviews and your host tony award on your way in a place that that subscribe bun as well as a dums up button and leave a comment below if you're listening on a podcast platform spotify, apple, please leave a five star reading review folks uh, incredible day bit point today touch ninety nine thousand dollars right now. It's at ninety eight, seven hundred and sixty five thousand. Maybe IT goes for a hundred thousand tonight we shall see.

But the ball market continues. Things are looking very bullish and X, R, P is breaking out on the charts. IT is currently at a dollar thirty six cents, looking very bullish.

And that's not because I hold the token. Just look at the charge, look at what's happening with the all coins. This is a very strong break out.

Here's what different analysts saying. First, a crypto wizard as X R P bull run targets. X R P has broken out of the six last year.

Micro o structure. The bull run has begun. Targets are two dollars and seventy cents, four dollars and fifty cents and eight dollars, and he highlighted those different phases.

Now no guarantees why we are talking probabilities here. We're not saying this is a certainty, but there is a high probability of this playing out. You're seeing X, R, P being a leader in this market cycle versus a lagged, and we're seeing a lot of liquidity is is going into IT.

And you have the narrative with the S C C cancer going out, uh, the X R P etf and much more R L U S, the stable coin, there's more developed activity on the X R P ledger. So things are looking very good for X R P in the entire all coin market. Guys, here's what a credible cyp do have to say.

I had him on the podcast not too long go, of course, he said on the USD pain X R P monthly, arashi de is about to enter overboard territory for the first time in three years. This is bullish as f, contrary to popular belief that higher the R, S, I goes, the stronger the momentum, and the more bullish a coin is absent of bush divergence. And like every other form of technical analysis and higher the time frame this is on the more significant IT is the next target is two dollars.

And after that, we go for a new, all time high, exciting times. Now this is just the chart analysis, right? So this is not hopes and dreams or emotions, guys, I often tell you guys, keep those emotions at the door.

Keep the conspiracy theory and nonsense at the door. Let's look at the charges. Let's look at the data.

The data is telling us a story that this thing is looking very boller show. I'm excited not only for R P, but for the entire all coin market. We've often talked about how this market moves in phases.

A lot of liquidity comes to bitcoin. A lot of that liquidity and tricks down to the all kinds. And we're seeing serum is finally waking up. IT has been underperforming the cycle, but i'm a eat token holder.

But I think that IT will perform well, maybe not as well as salona, right? But IT will um move and there's an e therm etf out there. And look, if uncle Larry think at blackrock issued an theme etf, do you think he's gone to sit by and watch IT under perform? No, no, no.

My friends, I was borne at night, but I wasn't born last night. So we will see this thing move so on is ripping right now at two hundred and fifty seven dollars. But X, R, P, up, uh, it's up just over sixty six percent over the past seven days.

So a clear leader among all the old coins here, at least in the top twenty. Now you may have mean coins that are launched last year for number seven hundred and fifty, uh, on the mark capital, all coin that is ripping. But we're talking about the battle tested all coins, right that i've been here.

You know, there's a clear use case. There's people building the developers, there's a community, all that stuff. So things are looking so bullish guides.

And here's something very interesting. Elon this morning tweet out gm friends, I think iran is about to do something with crypto. He's setting the stage here.

We know he's been doing stuff with doge coin. I don't think the acronym for the department of government, uh, efficiency is a coincident that is in line with those. I think elan did that on purpose.

He's the one involved with IT, right? So guys, elan, I think, is about to do something. And we know trump's proxy, do we know the most programs to congress is coming in.

And of course, today we ve got the big news. Gary gan CER issued his resignation notice of putting out a tweet as well as a full article right up on the S. C.

C. Website, of course, trying to cover his tracks, said, oh, I did. I did an amazing job.

You know, everything was perfect in my ten year, right? It's abble. We know this guy is a scum bag regulator.

He was not Operating in good faith and good writings. Get the hell out of the S, C, C. We need somebody who's going to bring D, S, C, C.

Back to A A place of being respected again, being trusted again and not seen as a rogue agency breaking the law. And yes, they have broken the law and they have like to the judges. They've got sanction.

They get called arbitrary and cities. And we're gona talk about a major loss they took today as well. But this guy has run the S, C, C. Into the ground.

And he was clear he was doing the bidding of his transfer, a puppet masters who wanted to slow this asset class and technology down so they could come in and take over. Guys, i've often talked about IT, the two things happening in paralo. How can black rock, in all of all story, coming and cognize and launch E. T.

S? They don't get wall's notices. They don't get lawsuits, but the cypher staroste. right? The N, F, T. Projects do.

Because the point is these wall street firms don't like the money leaving their investment, their pockets, and you being able to invest directly into the protocol. They hate that because they've been the gatekeepers of IT for so long. So that was the agenda.

Now I love what former S, C, C. Official interested glen had to say, and she's actually a candidate who's in the running for the S. C. Chair position. SHE twisted out today after the against the announcement, make the S, C, C great again.

Make critter great again under president from transformative change starts on day one, S, C, C, must restore trust, engage with industry and n regulation by enforcement. It's time to knock down needless obstacles, remove burdens, clarify crypto rules and promote innovation, protect investors and our place on the world financial stage. Bring cyp to back to the united states.

Wow, wow, wow, wow. What a statement. This is from a former S.

C. C official. folks. This is not some random josh Moore youtube or like myself.

This is someone who's in the running for the S. C. C. Chair job.

SHE doesn't have to say this, but everybody recognizes what's been going on. And the courts have been scolding the S. C, C and calling them out under hypocrisy and lies.

And much more, it's a mess. And here, guys, today, the S. C, C, took a massive loss. This is a big one, so they lost on the dealer rule.

So Christ Smith of the blockchain associations that the crypto o industry notched a great Victory against the S. C. Forceful campaign.

Today, the dealer rule is dead, he says, thanks to a chAllenge brought against the commissioned by the blockchain association and the clipt of freedom of lines of texas, the district court of the northern district of texas ruled that the exceeded its statuary authority. This is amazing guys, uh, he said, a big shadow to the blockchain associations. Head of legal marisa.

Couple guys know i've had marisa on multiple times. You've had run heming on multiple times. I actually be interviewing uh, another representation from the blocking association tomorrow to talk about this news and again, series, uh, resignation as well.

So great job by the blockin association. Huge Victory here, guys. And the courts also just calling the S C C um here bill huge wife had on the podcast he some consensus, he says huge Victory for cypher over the S.

C. The asc finalized deal rule runs a file of the exchange x tax when defining internet a deal. Just because you trade a lot doesn't mean you are trading as a regular business, making you a dealer.

You need to do more than simply affect market liquidity. You must be a market intermediary, buying and selling from into customers as a red service. And the S, C, S, dealer rule depart of this IT destroys the traders slash dealer distinction, the rule is vacated.

Translation, check your feet, gary, you dropped a big l congrats the crypto freedom alliance and to all who contributed to this court Victory guys, history is not gonna. Look, uh, a gary, ten year very well because we have the internet and everything lives on the internet. It's documented.

We got social media. We got youtube videos. It's not just mainstream media controlling the narrow right.

Uh, we get specialized media. So can sir, what a shame. What a disaster.

Good readings. Get the f out. And guys, great day. Great day, right? Brighter times are a ahead, like I said earlier, proof crypt u president coming in, Donald trump, of course the most proper pal congress ever coming in. We got a bill that pass out of the house this year um with bipartisan support and its looks like it's gna make its way through the senate very soon, if not lame duck in twenty twenty five for sure the bomb k heating up wall street. Everybody's here.

I love what paul gray wall had to say regarding this loss, he said a rule making ruling yet another court holes that the S C C was arbitrary arian, a precious, yet another court holes that the S C, C define congress, is, will yet another court holds the S, C C violated the law? How are you a government agency that is supposed to protect investors that uses taxpayers of money? You are supposed to uphold the law.

You are supposed to be the police going after bad actors, but you're breaking the law yourself. What a shame. What a black stain.

I mean, an an unmitigated disaster. Uh, gary cancer is a clown of balloon, and so is a list with warn who empowered red him. But guys, it's over. We one. We have one.

You should feel really great this day, guys, because if you have through the ripple lawsuit and all the lawsuit against coin base and much more crack in and all the nonsense garded over the years we ve won, and a lot of these lawsuits that are none fraud now will be dropped. I think with the U. S.

Feature, they gonna be, uh, come to a resolution. And uh, we're going to see this market and this asset class take over, guys. Quick work from our sponsor and that is a bit go IT goes one of the top crypto custodians in the market headed up by mike belch, who is a web one point now and two point of legend.

But go works with many big clients in the crypto industry such as exchanges like bit stamp exchange, uh, crypto projects like sweep a hatches, pentroof capital that then more head, uh twenty one shares the issue big one in E R etf. So big go uh those respective funds and guys, they have a lot of great services such as wallet services and more. They even have a retail self custody wallet that you can use.

It's pretty great. So if you would like to learn more about bitt go but a bit go dot com link will be in the description. Guys, check this news out.

My O G subscribers, what I been saying for years, B, E, D, all guys were capital late. I said stock exchanges with less, less critical. I said banks would offer crip to, and much more.

I don't want to say I told you so, but these things are coming to further, right? Because I saw the technology and the uh, application and the disruption IT was causing and that eventually all these folks would be forced to capital late. It's incredible what is taking place in here today.

Bloomberg is reporting that from swab is looking to launch spot critter trading once regulations change. But I think the most incredible news from this, uh, article is that the C E, O english warm rick worster, he said he feels silly for not buying crypto. Al, they're all gonna capitulate, even van guard, which you know, I feel like vanguard, they they screw up big time and and no wonder they fired their CEO.

Imagine the amount of fees they would be collecting right now. They will, they they will, all the, all the nail stairs will bend the need. Because this technologies here to stay, disruptive technology always wins.

No matter what road blocks are delays, people try to put up. Disruptive technology always wins. Go look through our history now. They may slow us down, right? We've talked about the phases.

First they ignore you, they laugh at you, then they fight you, then you win books, we, I, I, I would have to say, or then you win face, uh, incredible self. Let me give you some more detail, some this interview with the CEO. So financial services giant charle swamp has plans to directly offer crypto investments to its clients, president and incoming CEO rick worster, yahoo finance.

In an interview on thursday, wester, who will step into the new role in january, first, said the clients of the bank have already been very active in the cyp to space through vehicles like exchange traded funds or etf features and close ended funds and have done well with those, but the bank wants to take a step further. Here's a quote. We also would like to directly offer a what a statement.

Uh, we've been waiting on a change in the regulatory environment, and we're confident that we think that will come in short order. So it's not a matter of if. It's just a matter when the regulations, like I said earlier, being worked on.

I think part of the problem that hindering a lot of these guys is the S, C, C. Solve one to one rule, which is a bowl shit rule. But we know that is gonna get kicked out. Uh, both democrats and republicans voted to repeal IT in the house. In the senate.

It's only that Elizabeth warn called a biden and said vito IT because we know I didn't do know anything about crypto, right but never said one word about crypto o uh and and once again, i'm not hating on biting or democrats. I'm just calling IT like IT is i'm an independent so I I like to say that I have I come from a neutral standpoint. I don't have a dog in the fight ah, so to speak.

I picked a canada who I think is best um do I have certain principles that I like, of course, but I agree with democrats and certain things. I agree with republicans and certain things um and I I want to based on what i've heard from D C N people who told me uh in off the record about what's going on, uh a lizbeth one was pulling the strength and that's because uh SHE cut that deal with biden and you know uh bite in pretty much you is following her lead on IT but SHE screwed the democrats big time and all time a big failure. But guys, we have one, we have one look at the capitulation is taking place now.

Final news item here, allor territory reporting det. Cripe to dad Chris john carlo forma C I F C chairman who i've had in the podcast like six times uh who is heading up the digital dollar project. He could potentially be that crypto or the White house cyp to adviser role that we reported on yesterday.

So he would be awesome. I mean, amazing. He absolutely gets the technology. He's not some extremist, whatever. He's very baLanced, very smart guy, and he understands this asset class.

So talk about winning guys, talk about winning that he would be perfect. I mean, just perfect for that role. Uh, I I don't think he wants the S C C. role.

H he clearly tweed out that I think a couple weeks ago that he doesn't want a the clean up diary again as best but um you know he would be amazing and I hope he gets IT. Uh he deserves IT for sure. Guys, that's a news.

What a great day. What a beautiful day. I hope you're feeling great. The markets are moving. Cancer is getting the hell out. Big wall street firms are capital late to an asset class that you front ran them on. Think about that if you have been buying all the cost averaging over the years, being patient, you are and decide to smart money.

You front ran a lot of these folks and now they're here trying to catch up a pat yourself on the back because IT takes guts to do what you did IT takes conviction and IT takes some sacrifice to educate yourself to learn about the asset class um and to go against the nails and the mainstream headlines and much more guys, your patience will be rewarded. So exciting times, folks, a great way you can support me is by subscribing to my free email muster. And sub stack is one hundred percent free.

Check out the link in the description. Also grab a copy my book rethinking crp to avalon, amazon, and picture back in digital by yourself a copy. Buy a few copy for your friends and family who wanted learn about critter.

Give IT as a gift this holiday, and if you bought a copy already, please leave a rating and review on amazon. IT will help up my rankings. Thank you guys so much. I appreciate you all, and i'll talk to you all later.