00:00:00
massive news today involving Bitcoin
00:00:02
involving Solana in the United States
00:00:04
involving XRP why the token is going
00:00:07
crazy also lower cap altcoin news and
00:00:10
more highly recommend you watch today's
00:00:12
entire video if you're invested in
00:00:14
crypto but starting with Bitcoin and the
00:00:16
FOMC meeting today breaking news the Fed
00:00:20
holds interest rates at 4.5% so no
00:00:24
change and Bitcoin rallied into and off
00:00:27
of that news and why did Bitcoin
00:00:29
investors like this well it's because
00:00:31
it's what the market expected the market
00:00:34
was pricing in no change and no change
00:00:36
happened although the expectation for
00:00:39
2025 still shows two rate cuts this year
00:00:42
but the confidence level doesn't appear
00:00:44
high and why is that well it's because
00:00:47
Donald Trump versus Jerome Powell we're
00:00:49
really not sure where the economy if
00:00:52
they'll need more rate cuts than two by
00:00:54
the end of the year and neither is
00:00:56
Jerome Powell how much of it is um is
00:00:58
tariffs so let me say that it is um
00:01:01
going to be very difficult to have a
00:01:03
precise assessment of how much of
00:01:05
inflation is coming from tariffs and
00:01:07
from from other and that's already the
00:01:09
case also another reason Bitcoin rallied
00:01:11
off of this is not just because of what
00:01:14
Jerome Pal did which is hold rates but
00:01:17
also because of what Jerome Pal said
00:01:20
finally a positive Fed balance sheet
00:01:22
update from the FOMC today in a direct
00:01:25
quote beginning in April the committee
00:01:28
will slow the pace of decline of its
00:01:30
securities holdings by reducing the
00:01:33
monthly redemption cap on Treasury
00:01:35
securities from 25 billion to 5 billion
00:01:38
and what this means to you this is the
00:01:41
final stretch before the Fed ends
00:01:43
quantitative tightening which is on the
00:01:45
journey to get to eventual quantitative
00:01:48
easing and the cap of the sale of the
00:01:51
Fed balance sheet was 60 billion last
00:01:54
May then down to 25 billion and soon
00:01:56
will be only 5 billion per month signs
00:01:59
are looking good for quantitative
00:02:01
tightening to end in midyear let's keep
00:02:04
tabs on the Bitcoin price and as I get
00:02:06
more information I will keep you updated
00:02:08
of course massive XRP news the SEC is
00:02:12
dropping the Ripple lawsuit ceo Brad
00:02:15
Garlinghouse issued this statement as
00:02:18
many of you know just over four years
00:02:19
ago the United States SEC filed its
00:02:21
lawsuit against Ripple i'm finally able
00:02:24
to announce that this case has ended
00:02:27
it's over of course checking in on how
00:02:29
this affected the bit uh the XRP price
00:02:32
we're going to switch over to the XRP
00:02:34
chart and we
00:02:37
see a rally of over 10% xrp now trading
00:02:42
at $2.50 per coin brad Garlinghouse on
00:02:46
Bloomberg explains what's next the SEC
00:02:48
has abandoned their appeal and so uh we
00:02:51
that they filed suit in December of 2020
00:02:53
we won on the key parts of the case in
00:02:55
the summer of 23 uh Judge Torres made a
00:02:58
ruling that XRP in and of itself was not
00:03:01
a security that's almost a verbatim
00:03:02
quote the SEC uh filed an appeal about
00:03:06
eight months ago and what they've now
00:03:08
agreed is they're going to drop that
00:03:10
appeal we still have a cross appeal
00:03:13
pending and so we go from being
00:03:14
defendant really to plaintiff so we now
00:03:17
are in the driver's seat to determine
00:03:18
how we want to proceed are you dropping
00:03:21
it uh we're going to see we we it feels
00:03:24
a lot better to be on the offense than
00:03:26
the defense you know four years we spent
00:03:28
over $150 million defending that case
00:03:31
not just for Ripple but for the whole
00:03:33
industry i think it was really important
00:03:34
that this SEC the Gendler SEC was really
00:03:37
trying to bully and continue lawfare
00:03:40
filing lawsuits and lawsuits and
00:03:41
lawsuits against crypto companies that's
00:03:43
over now and I think that's great for
00:03:45
the US crypto industry and frankly great
00:03:47
for crypto at large some of you were
00:03:48
asking me about playing the breakout and
00:03:50
just two things to understand number one
00:03:53
XRP has been bought up from this demand
00:03:56
zone many many times in 2025 so we still
00:04:00
have to see if we can break out from
00:04:03
this downward trend that we've been
00:04:05
rejected from many times in 2025 just
00:04:08
like we've been bought up from this
00:04:10
demand zone in this upward trend line
00:04:12
many times in 2025 and there's two ways
00:04:15
to play this number one you can set your
00:04:17
if you're bullish you can set your long
00:04:19
now we're on market open the long and
00:04:22
then set your takerit and stop loss set
00:04:25
your takeprofit to just underneath this
00:04:28
breakout territory now if we do break
00:04:30
out you don't want to take a 100% profit
00:04:33
you just want to take your principle out
00:04:34
maybe take 20% off the table keep seeing
00:04:37
if you can ride it up or if you're more
00:04:39
of a breakout trader then you set the
00:04:41
limit you say I want to set my long when
00:04:45
we hit around the two let's go right
00:04:46
underneath actually let's go a little
00:04:48
over
00:04:51
$2.7868 XRP you would switch the order
00:04:54
price on your limit order to 78 and then
00:04:58
still as a pro trader set your stop-loss
00:05:01
so you don't get wrecked link down below
00:05:03
if you want to follow along and huge
00:05:05
news for Solana the first Solana ETFs in
00:05:08
history will launch in the US tomorrow
00:05:11
actually a better way to say that would
00:05:13
be the first Solana ETFs in the US are
00:05:17
set for their trading debut on March
00:05:18
20th meaning we've had Solana ETFs
00:05:21
launch in Brazil maybe even Canada this
00:05:24
is the first time in the USA and this is
00:05:26
more of a yes significant step but no
00:05:31
will not affect the price of Solana that
00:05:33
much because it's important to
00:05:35
understand that this is a futures ETF
00:05:37
not a spot ETF meaning the issuers nor
00:05:40
the customers they don't actually have
00:05:42
to buy real Solana they're just trading
00:05:45
the price and also this is from
00:05:47
Florida-based Volatility Shares LLC not
00:05:51
somebody I have ever heard of it would
00:05:53
be much more significant if it was a
00:05:55
Black Rockck or Arc Invest but this is
00:05:57
just the natural step to eventually get
00:06:00
there this is very significant but don't
00:06:02
expect a lot of price action from it
00:06:05
i'll always keep it honest with you and
00:06:07
if you're bullish on AI and crypto Chain
00:06:10
GPT just partnered with Sonic Labs for
00:06:13
those who don't know Sonic is Phantom
00:06:16
phantom is a prominent L1 in the space
00:06:18
that's been around for years they
00:06:20
changed their name they rebranded to
00:06:22
Sonic Blockchain and Chain GPT just
00:06:25
integrated we are thrilled to welcome
00:06:27
Sonic the fastest EVM layer 1 in our
00:06:30
ecosystem with this initiative they've
00:06:33
already integrated Chain GPT's AI NFT
00:06:36
generator Chain GPT pad and DGEN pad
00:06:40
with the Sonic network and how this
00:06:42
integration affects you and me as Chain
00:06:44
GPT holders just understand that Phantom
00:06:48
now Sonic is super fast real subsecond
00:06:52
confirmation times sonic is the fastest
00:06:55
settlement layer for digital assets with
00:06:57
over 10,000 transactions per second this
00:07:00
is why DAPs and projects want to build
00:07:02
or would want to build on Sonic and for
00:07:05
chain GPT this unlocks high-speed AI
00:07:09
powered NFT creation so if you're
00:07:11
minting NFTts you like this and also
00:07:14
unlocks new IDOS's initial DEX offerings
00:07:18
with chain GPT pad and DGPAD projects
00:07:21
built on Sonic can now seamlessly launch
00:07:24
their tokens through chain GPT pad and
00:07:26
DG pad great to see the innovation and
00:07:30
big news for Ando coming off the news we
00:07:33
learned last month so last month you
00:07:35
already know this ando became the first
00:07:38
RWA provider on Mastercard multi-token
00:07:42
network meaning Mastercard chose to work
00:07:45
with Ando and how this works ando said
00:07:48
its short-term US government treasury
00:07:50
fund which is the first tokenized
00:07:53
realworld asset on the Mastercard
00:07:56
network will let businesses earn daily
00:07:59
yield via tokenized assets with a 247
00:08:02
subscription and redemptions with no
00:08:05
need for stable coin on-ramps or
00:08:07
settlement windows this is a landmark
00:08:09
because it lets traditional people in
00:08:12
the web two world that know and
00:08:14
understand Mastercard earn yield and be
00:08:16
onboarded onto directly to earn yield
00:08:19
and the news today is this what stable
00:08:22
coins did for the US dollar ando is
00:08:26
doing for securities we've used many of
00:08:28
the same principles from stablecoin
00:08:30
design to inform what we've done here it
00:08:33
is no exaggeration to say that we
00:08:35
believe that what stable coins have done
00:08:37
for the dollar onto global markets will
00:08:39
do for securities we believe that with
00:08:42
the success of yield coins and the
00:08:44
launch of global markets we're entering
00:08:46
a new phase in financial markets unlike
00:08:49
many however we don't believe that this
00:08:51
new phase need operate outside of
00:08:54
regulations destroy incumbents or
00:08:56
fundamentally change the way markets
00:08:58
operate instead we believe that this
00:09:01
phase represents the next stage in the
00:09:04
evolution of financial markets where the
00:09:07
best of DeFi and the best of tradi
00:09:10
combine to create markets that are more
00:09:13
transparent more efficient and more
00:09:15
accessible you might call it a
00:09:17
foundational upgrade we call it Wall
00:09:20
Street 2.0 pay attention to the signals
00:09:23
on what Wall Street who Wall Street is
00:09:26
choosing to work with and it has
00:09:28
literally just been announced like the
00:09:30
video that breaking President Trump will
00:09:34
speak at a crypto conference tomorrow he
00:09:36
will address DAS tomorrow that's digital
00:09:39
asset summit 2025 in New York this is
00:09:42
the first time a sitting president has
00:09:45
addressed a crypto conference and to be
00:09:48
clear he spoke at the Bitcoin conference
00:09:50
along with Altcoin Daily we were
00:09:52
speaking at the Bitcoin conference will
00:09:54
be speaking at this year's Bitcoin
00:09:56
conference use code altcoin daily for
00:09:58
10% off your ticket it's in Vegas
00:10:00
michael Sailor will be there arthur
00:10:02
Hayes will be there anthony Scaramucci
00:10:04
and TJ Miller will be speaking there
00:10:06
come have a beer come hang out come talk
00:10:08
crypto with us link down below but
00:10:10
Donald Trump spoke when he wasn't a
00:10:13
sitting president at the Bitcoin
00:10:14
conference this is the first time a
00:10:16
sitting president will address a crypto
00:10:19
conference directly never been more
00:10:21
important to stay subscribed to Altcoin
00:10:23
Daily for one video per day keeping you
00:10:25
informed