[Music] breaking news this is huge it has just been revealed that Abu Dhabi is buying hundreds of millions of dollars worth of bitcoin they didn't want to make this public they had to make this public that their Sovereign wealth fund bought $436 million of Bitcoin ETFs in q1 seems like Black Rock has been facilitating this like I don't think the market has fully priced in the long-term effects of Black Rock Endor this I was with a sovereign wealth fund uh during this week and that was the conversation should we have a 2% allocation should we
have a 5% allocation if everybody adopted that conversation but you know it would be 500,000 600,000 700,000 per Bitcoin and it's not just Bitcoin I want to talk about other crypto coins that will do well here make sure you watch the entire video and you have to imagine there's zero possibility that the US does not follow in some way prepare for a US strategic Bitcoin Reserve if we don't do it China's going to do it China's going to do it anyway but if we don't do it China's doing it China's already doing it and uh
if we don't do it other countries are going to do it so we might as well be at the Forefront and who knows maybe we'll pay off our $35 trillion hand him a little crypto check right we'll hand him a little Bitcoin and wipe out our $35 trillion but how do you at the same time things are happening behind the scenes that are so bullish you wouldn't even believe today president Trump has nominated former crypto leadership former CL at bitfury Jonathan Gould to be the country's new bank regulator to lead the office of comproller of
currency the new head of the OCC do you understand what a big deal this is for crypto let's think about it for a second the new comproller of currency of the US used to work at a Bitcoin mining company that invests in crypto projects let that sink in it's 2025 the future is now bull market has not even gathered Steam and I really think that's right if you look at where we are in the context of every other Bitcoin bull cycle Bitcoin does this every cycle new all-time high a rally above the previous Cycles all-time
highs then dip then price consolidates this is where we are right now then a breakout then a rally higher being bearish on Bitcoin today is like being bearish on bitcoin every other time it Consolidated above last Cycle's all-time highs do you get it yet and the sentiment for altcoins is really bad right now but I do think this is the year where altcoins really shine even though we haven't really seen that except for a select few cases over the last few years I do think still that 2025 is where altcoins really shine I mean actually
take a look at the state of ethereum versus Bitcoin and this is kind of a microcosm for the entire altcoin Market taking Tak a look at eth versus Bitcoin we see healthy consolidation after a strong uptrend we see that it's not in Decline relative to bitcoin over the long term we see a massive Wick low significantly below the lower band we see bullish Divergence and we see higher lows now trumpcoin pumped hard today and I bring that up because we know that Donald Trump is not a Bitcoin Maxi could not be any farther from a
Bitcoin Maxi so I think Bitcoin being part of the Strategic Reserve I think that's obvious I think that next obvious one would be ethereum so if you like me knowing what we know seeing what we see and if you're subscribed to our Channel we show you this on a daily basis how could you not think another big catalyst is coming later this year a US strategic crypto Reserve definitely including Bitcoin we're seeing Wall Street get more bullish as 21 shares proposes adding staking to its ethereum ETF we're seeing the SEC at large preparing for staking
in all all ETFs ethereum salana dot Ada the sec's crypto task force is discussing adding staking to their ETFs which require staking which at the moment is just eth will soon be others they're talking with multiple crypto firms including GTO labs and multi-coin capital and more and more companies institutions entities nation states anybody and everybody seeming to have the same thought at this moment breaking news GameStop is considering investing in Bitcoin and crypto right now the three most popular chains to do stable coin transactions in the US is ethereum salana and Tron and we're seeing
us companies use stable coins use crypto rails to facilitate their business better than they ever have before here Robin Hood's CEO Vlad articulates why Robin Hood using crypto rails is a 10x Improvement on the traditional infrastructure this is incredibly bullish one of the things that we have to do to operate our crypto platform is facilitate uh transactions and settlements between cash and crypto 247 uh particularly on weekends when the banks are are usually not open and there's no way of of transmitting dollars using banking rails on weekends stable coins solv that problem because it's a
247 Network that's running on software and I think that just shows you just one of the advantages of crypto technology over the traditional Financial system the stable coin bill will be the first one that the US passes make no mistake about it although stable coins might be boring to you this is a huge deal for the us and this will open up the Capital Market Dam and allow tons of money to flow into the crypto space I loved this one minute clip from Kevin L the CEO of borderless here he perfectly describes why the stable
coin bill in the US is such a big deal and what we can expect pay attention let's talk about the stable coin Bill put forth in the Senate it would create a definition for a stable coin and create a licensing framework for issuers along with some regulations around reserves talk to me about how the industry is feeling about this legislation and whether it hits the point that hits the points that crypto leaders have been asking for well thanks for having me T I think this is the fifth stable coin proposed legislation that we've seen in
the US in recent times we saw the lumus Gill brand proposal in in 2022 there was a pwg report in 2021 there was the clarity for payment stable coins in 2023 and now we have the the genius act um as the acronym is is called for 2025 and I think in general this is by far the most comprehensive proposal that we've seen and I think it's also one of the friendliest proposals that we've seen it does a great job of balancing what is really at the core of the technology industry in America which is innovation
and comp comption um with also on the other side stiff penalties for you know those that abused the system and and strong protections of consumer assets one of the things that's really important about the genius act that I think allows for this Innovation is there is a dual regulatory framework where stable coins uh have market caps of under1 billion are going to be regulated by the states and stable coins of above $10 billion then are are regulated by the OCC and and the Federal Reserve and that's really important because it means it's going to allow
fex and other innovators to compete in this Marketplace and it's going to allow them to issue these smaller stable coins that lowers the barriers of Entry of trying to innovate in the space and then if you do get into the 10 billion and plus where we really have to worry about consumer protections and it steps up that regulation to the federal level which is a pretty unique feature of this bill that I think everyone's excited about why this versus some of the questions around Securities and protections how did this issue of stable coins become sort
of the lwh hanging fruit I think the Administration has made a lot of noise about reestablishing us dominance globally and stable coins are one of the best ways for the US to export the US dollar around the world and this stable coin bill is really positioned around supporting USD dominance requiring that assets that are backing stable coins be held in us treasuries and therefore driving more demand for treasuries and and treasury like assets um and I think we've seen stable coins come first mostly because it's really important to the general administration's interests to be putting
that USD at the Forefront and to really be taking our currency and to be exporting it globally so I may be biased I mean I've drank the Kool-Aid I am a believer in this space but do I think where we are today is a good entry point over the next couple weeks is a good entry point to maybe get into your favorite altcoins and favor cryptocurrencies I do obviously if you were following us for years we told you about crypto at the lows but I think where we are right now also could be a good
entry point particularly if we can dip lower but certainly at this consolidation level right here because the consolidation level right here I think very similar to right here very similar to right here very similar to right here so knowing what we know about Abu Dhabi knowing what we know about Black Rock about the Bitcoin Cycles about the Trump support about the US capital markets in Wall Street becoming Pro crypto knowing what we know about everything and make sure you subscribe to our Channel because we keep you updated on all of this on a daily basis
we know Bitcoin is a buy obviously we know that Bitcoin is a buy we know Abu Dhabi is going to keep buying Bitcoin but we know more than Bitcoin is a buy other coins I think you should be looking at and please comment what altcoins you think fit into this I know I'm going to get you know the xrps xrp is fine I defin defitely go ethereum and salana obviously I'd go chain link and Ando as well especially if you take a look into Trump's wallet could you put Tron on the list you could put
Tron on the list again comment what coins you think fit into this make sure you subscribe to our Channel because actually we're going to drop a video in a few days we'll be revealing a lot more information than just this but to add to today's video maybe put Borg token on the list for an international play human hearts token for an AI play it's pretty obvious what's going on and and we'll have more on this this coming week so make sure you subscribe and see you tomorrow
