CRYPTO WILL SURGE AS US TREASURY GETS READY TO RAMP UP STEALTH QE! CLARITY ACT VOTE COUNTDOWN!

**Tony Edward** (0:05)
Hey folks, welcome in to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. I'm your host Tony Edward. On your way in, please hit that subscribe button, as well as the thumbs up button, and leave a comment below. If you're listening on a podcast platform, such as Spotify or Apple, please be sure to follow and leave a five-star rating. All right, folks, first, we got to talk about the US Treasury continuing to do bond buybacks, which is a form of stealth QE, quantitative easing. They're doing a lot of liquidity injections, and they're about to ramp up. So here's the report. Scott Bessent set to announce larger US Treasury buyback, as Wall Street expects $5 to $6 billion operation, putting long-term bonds in focus. A bigger buyback could reduce net long-dated debt supply and help contain elevated yields, with the announcement coming ahead of 10- and 30-year Treasury auctions. So folks, the only solution they have in this fiat currency system is to continue to buy their own debt. You know, when there's not enough buyers for the Treasuries, they have to do that, right? This is the fiat currency system. This is why we invest in assets. Obviously, this is going to make the dollar lose value, but we at least know the solution, a way to survive this debasement, and that is to put ourselves into assets, allocate some of our cash into assets, and have those assets outpace the debasement. Now, as we've talked a lot about over the years, crypto, I believe, will outperform other assets. That's not to say you can't be diversified. I'm personally diversified. I have stocks and equities and all these other investments, but crypto is my main holding and my bigger bet, of course. So, guys, we know what's coming. We've seen this story time and time again. They will continue to print. They're going to continue to raise the debt ceilings. They're going to continue to spend. So you have to make sure you're allocated to assets. And obviously, the best time to buy into assets is when there's blood on the streets, when everybody's fearful, when the market's down. So anticipate that this is not going to be the last time they're going to do this. They will continue to print and debase and liquidity injections. And all of that will make its way to markets. Now speaking of markets, you know, Bitcoin's still consolidating here, currently trading just below $79,000.
So as I've been saying in the recent podcast episodes, we have to be patient. Bitcoin could come down a bit more. It doesn't have to, but it could.
Really great thing on the daily is that the RSI is moving away from that overbought zone. And the market is just doing its thing. So it may be another week or two weeks that we're stuck like this before we see the next major move. But from the higher timeframe of the weekly chart, things are still on track, bulls are still in control, and there's still room for strong price actions with not only Bitcoin, but altcoins as well. And we're seeing a lot of ETF inflows are increasing, not to mention the digital asset treasury companies are buying. So Strive, which is a Bitcoin treasury company, they bought another 1,375 Bitcoin, and they, along with others, continue to buy. And on the Ethereum side, Tom Lee's Bitmine, they bought more. They have near 5% of the Ethereum supply with 20,086 ETH. So a lot of the big whales are buying up here, and I think they are anticipating higher prices, not only in the short term, but in the long term, because if the thesis of we've turned a corner or we're back in a bull market, you know that it's gonna be an uptrend for the next couple of years, and that doesn't mean there's not gonna be volatility and pullbacks, of course, right? That is par for the course, so please, you have to mentally prepare yourself and expect that, but when in doubt, zoom out, we're back in an uptrend, we're out of the downtrend. So these are things we wanna continue to monitor, and we continue to see a lot of dip buying, and I hope you are personally executing your dip buying strategy, dollar cost averaging, and obviously doing your research, right? Not over leveraging yourself, not investing money you can't afford to lose, because markets can be volatile, and there are no guarantees, but we wanna look at probabilities, and obviously the high probabilities on the uptrend, and we are at the early phases of this new bull market. Now, a great place where you can buy the dip is on iTrust Capital, which allows you to invest in crypto stocks as well as precious metals like gold and silver via an IRA. The reason why you wanna invest via an IRA is you get the tax benefits. When you sell for a gain, you don't have to pay long-term or short-term capital gains taxes. And if you have an existing 401k or IRA, you can roll it over to iTrust Capital's version. It's low cost, there's no monthly fee, and again, you get access to over 100 crypto assets, you get access to stocks, gold, and silver, so all your major asset classes here. And they have a great custodial service called Premium Custody Account, which uses institutional-grade crypto custody. They use Coinbase Prime and other big institutional services. We know BlackRock uses Coinbase Prime, so you're getting that level of custody.