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I've got huge new three guys. Donald trump has named a new candidate who is very proper that to replace gary cancer, who is about to resign very soon. I'll sure the details of who this person and blackboard bitcoin etf options trading went life today with some really good numbers are break that down for you guys. And Michael saylor will be talking to rumble and microsoft about adding bitcoin to their baLance sheet. Let's get into IT.
Hey, everybody, welcome into the thinking critter podcast, your home for crypto currency news and interviews on your house, stony Edward on your way in please and that subscribe button as walls a thumbs up button and leave a comment below if you're listening on a podcast platform such as spotted fier apple, please leave a five stop reading a review box said a bit, touched ninety four thousand dollars, hit a new all time high. But of course nothing to call home about because the previous all time high, which had hit about a week ago, was just over ninety three thousand dollars. However, what we saw this pump was a bit of a fake out and moved up, and then all the pull back significantly right now, biton trading just over ninety one thousand dollars.
Now what we could see here, guys, is a further breakdown that this consolidation, uh, is not over. And h, that's not a guarantee, but you can't rule IT out, right? We're talking probabilities here.
So we could see a pull back to the, uh, eighty thousands, which would build support levels before we move up to one hundred cape. That would be very healthy and Normal. So expect these things, guys, they're very important.
Markets don't move up in a straight line. One of the things I shared with you guys yesterday was that two billion in usdt was mainly over the weekend. So was two hundred million.
U. S, D, C. Well, tother maintain another billion today. You, I tell you guys to pay attention to the p stuff, because that means more liquidity on the way.
So let bitcoin consolidate, let the all coins consolidate as well, and the liquidity will start flowing back into the market again. And we know where asset Prices are gonna, right? guys? Rains and repeat up until the blow of top.
And then we have to make sure we take profits, of course. So be patient. A big part of investing is being patient and pay attention to the charts.
Stay tuned with the news and everything that's happening. That's why you're subtribe to this channel in podcast. So we're seeing somebody who's all coins cool down a bit. Once again, very healthy.
Uh if you look at like doge coin X R P A and so forth on the R S I deal S I, it's super overboard, right? So uh, you need the cool downs and expect some pullbacks to build support levels. Now, guys, big news coming out of the trump camp.
So Donald trump is said to be considering crypt al lawyer Tessa goody gooin from saying that right, to lead as S, C, C chair. Now you may say, who is this person? So he is a crypto lawyer.
Her twitter profile says partner slashed lawyer at Baker hosteler from think that right? I probably butch her dad, but the T, L, D, R. Here is she's very SHE tweed out the following on november thirteen, the U.
S. Crypto and capital markets will thrive under president trump. The public has loudly and clearly spoken.
Current government has a responsibility to serve the will of the people. Government of the people buy the people for the people. Abraham linking, I like that.
I like that last part you we've often talked about how do these government agencies have become rope. They become too powerful and they don't even serve the people anymore. And we've talked about cancer.
He's just doing the bidding of the transfer component, right? He's not here to serve you, but he's supposed to, right? He's taking our tax dollars.
But I love that he's saying this. And h. SHE could be appointed as S, C, C.
Chair, a solid candidate in my opinion. Uh, in fact, when you look at her tweet history, SHE actually tweets. Ted stood around the city of ripple when he tweed out the following. In gancy first three years as S, C, C, chair, the agency has been sued for abusing its rule making powers more times than the S, C, C was sued in the prior ten plus years, spending the ten year of three long serving cheers combine so SHE retreated that so that sounds like she's not a fan of gary gancy as many people are not guys even outside of crypto that people don't like answer.
He's a glm back regulator uh, as i've been calling him for years now one token project founders said, uh, SHE could be an instant change maker so uh, folks are positive on intially having her as the S C, C. chair. Now the other candidates and running, of course uh, possibly brian brogs, possibly then gallaher, whose a councillor, Robin hood, but he formally worked at the C.
A. Hester passes in the mix, but he said he doesn't really want a job. Markey way to could be one as well, but we will see.
But the point is a as we've been talking about, most likely the pig is going to be procreate or or someone who at least understands this technology doesn't have a political agenda, right, guys? So, uh, things are looking very bright against resignation. Letters should be coming in very soon.
And I think the markets gona rip on that news. Guys, it's gonna a fun day. We're going to celebrate.
I'm gonna live streaming the data. Resignation letter comes in. You're going to have a party, guys. It's going to be good times.
But I guess that things are are looking very bright where in a bull market, many all coins are waking up following bitcoins lead ganser about to be out. We got the proper to president coming into office, uh, in january, along with the most procreate congress ever. So things are looking very good guys.
Now quick work from our response or in that v chain, which is one of the top layer one enterprise smart contract block chains out there. We chain works with many brands and companies around the world building web three and decentralized applications. Some of the key features of the v chain block chain is that IT is secure, affordable, scalable, fast and sustainable.
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No guys today a black rocks betwen etf options trading went live and here the folks at a bomberg is that a one point nine billion dollars in exposure was traded um and this is pretty great as far as day one arbel I says one point nine billion dollars is unheard of for day one he says for context b to uh did three and sixty three million dollars and that has been round for four years and also this is within twenty five thousand contract position limits that said one point nine billion dollars isn't quite big dog level as yet though for example, gold did five billion dollars today but give you a few more days and weeks so it's gona rap up, right guys? But we know black rocks gonna a you know drive a lot of folks, uh, investing in trading with them. And this is going to bring a lot of liquidity and capital into egypt market.
Guy s so really big news. And tomorrow, in fact, gray skills, big quality of option trading will be launched along with bit wise and some other folks. So the other players, the other etf feature is, are going to get their options as well.
So I think this is going to be a big catalase in what drives a bitcoin higher up beyond one hundred thousand dollars and a pass me two, one hundred and forty hundred fifty thousand dollars. So really big stuff. Now, speaking of black rock, a black rock's organization fund bittle.
And as many we know, they have done some expansion. So black rocks bittle token first to go live on securitized new platform for mounting synthetic dollars while still earning R W A E. So R W A stands for real, real assets. So securities has introduced a new way to gain liquidity from real, real assets while still earning yill called as token.
The token in architecture, which uses the arc four, six to six standard, was built in collaboration with makers of the D U S D synthetic dollar alex, a black rocks bittle token that will be the first token issued by security zed to be part of this D U S D R W A institutional program, while other assets planned to be introduced later. So folks, couple take away here. Remember, blackrock launched on the serum.
So if you are eat token holder, this is great news. Second, they continue to expand their services in the organization market clearly, and they are looking at generating yill. So they are ramping up, as you can clearly see.
And a earlier this year was announced that you know the und to tok ized fine across there were five hundred and million dollars. So I hope you see the direction this is heading, guys. Uh, they are not slowing down.
This thing is here to stay. And as Larry fink said, I think earlier this year, toga ization is the future of finance. They're gone to put everything on the block chain.
We've talked about IT, a truly global market, twenty four seven trading, no holidays opening or closing belt, no weekends and all that stuff. And a truly, truly global market that can trade twenty four, seven guys. So incredible stuff.
Now check this out. Michael sailor was in a twitter spaces today and he said he will be speaking to the folks at microsoft, the board actually, next month about buying bitcoin for their treasury. So we know sailor has done these, uh, bitcoin for corporations, initiatives and conferences.
And uh, we heard, uh, just about a month ago that there was a proposal that a microsoft board about buying big. But IT has to be voted on. Guys, I think this is gonna happen.
It's just a matter of when. It's not a matter if, uh, all companies are going to do this as the currency, the basement continues globally. Uh, here in the united states, of course, they continue to a print more money.
And we notice system, this is the first system. So this is why you need a hedge. This is why you need assets like crypto o to outpace the the basement and inflation because they are eating away at your purchasing power. Uh, and not many people recognize that.
And uh, you may say, well, I can invest the stock market or really say, yes, but they don't move as fast as bitcoin encrypt l so this is why I put the majority of my bets in the crypt l market because IT moves faster, red and the the basement and gives you higher returns. So a pretty amazing, uh, sailor also reply to rumbles C E O on twitter saying that a he would like to discuss about, uh, adding bitcoin to the baLance sheet. So this is crazy.
Uh, was happening here. But a lot of companies are going to do this guys and rumble in a smaller company. H IT makes sense and sailor has the credibility.
He has the track record of having success with this. So it's going to be a pretty easy pitched. And there have been some updated accounting rules from the government.
I think it's fast be. Which makes IT easie r for companies to add the coin to the baLanced. So things are aligned ing.
Plus you got the narrative of the bitcoin strategic reserve. Uh, we know, uh, states are introducing bills like that. There is one on the federal level, obviously.
So uh, I don't know if that's going to happen this cycle. If IT does, that would be amazing. But you know a lot of people gone to try to front run the united states, especially on the federal level.
States may try to front run, you know, the federal level, other countries as well. So things are moving in the right direction. Guys, very bullish, very folks.
Let me know you think, leave your thoughts and comments. Hit the thumbs button. Guys, a great way. You can support me in the podcast if you appreciate the content. H it's a hundred percent free, of course. Please subscribe to my free email, losers, six, six hundred percent free lego banner description also grab a copy my book rethinking cypher. It's a build amazon and paper back in digital, a copy for yourself.
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