DTCC DOCUMENT *REVEALS* PLAN FOR RIPPLE & XRP!?! 🚨 SAYLOR SOLD $216 MILLION BITCOIN!

7-6-26 Abs talks about the DTCC plan for Ripple and XRP!

Transcript

SPEAKER_08 0:10

Derivatives think quadrillions of dollars. Um, collateral infrastructure, market for tokenized capital, markets just in time, mobility, capital efficiency, and market resilience. So let's go see what it says about Ripple. Let me see if I can go back to this one right here. The current U.S. administration has expressed a strong desire to increase competition in capital markets by allowing crypto native firms such as Coinbase, Circle, and Ripple to engage in similar activities to regulated financial institutions. Okay, I'm gonna make sure you can see that. Uh, financial institutions and the possible threat of disintermediating current market leaders. Crypto native firms are lobbying the SEC to allow them to use DLT to issue, trade, and settle uh securities, expanding the range of tokenized equities, equity opportunities in the U.S. They are further asking regulators to approve the inner, this is the big part, the integration of brokerage, exchange, custody, and clearing, clearing under the end under one entity, rather than using multiple intermediaries and making a vertical integration plays through acquisitions. It sounds to that sounds like an XRP ledger settlement layer to me. Now, here's a private equity document right here. This is from Opco Advisory Inc. And they had an interesting section on Ripple, too. It's called The Bridge is Being Built from Both Sides. Up here talks about the DTCC and the Canton Network. But look at this. On the digital native side, the most structurally significant development was the addition of Ripple Prime to DTCC's NSCC Part Participant Directory on March 2nd, 2026, following Ripple's $1.25 billion acquisition of Hidden Road, making it the first crypto-linked infrastructure provider with direct access to U.S. clearing rails.

SPEAKER_10 2:10

Um, and then it goes on to talk about good morning, everybody. Hello, and welcome back to another episode of your favorite crypto news related channel. And today is going to be a very interesting episode as we've got some massive updates in regards to the Clarity Act, Ripple index RP, and of course, President Trump speaking about the cryptocurrency market this morning. Now, when you look at some of the prices across the board, we're getting a slight regression, but there has been an uptick in the crypto market, and this is very interesting because as you guys can see in the title, Michael Saylor officially sold his Bitcoin and not some small chunk of change here. We are talking about over 215 million dollars worth of Bitcoin that Michael Saylor sold over the past month or so. Now, what's really interesting about this is that during our channel, or I should say on our channel, we were having these exact discussions last month talking about how Michael Saylor he publicly sold 32 units of Bitcoin, but behind the scenes, there were some major conversations being had about Saylor needing to sell the Bitcoin in order to create liquidity on their balance sheet to pay out to investors. Well, this morning we got the official confirmation strategy has sold 3,588 Bitcoin for over 215 million dollars to fund dividends of our digital credit securities. Now, what I was able to do prior to the stream was actually pull up some of the data on where they sold and how much it was. And this is where it gets shocking for many of our crypto investors. So the sales happened in two parts here. One was $1,363 Bitcoin for about $80 million, and the other was $2,225 units of Bitcoin worth about $135 million. And you may say, Oh, that looks like standard practice there. This is the problem for Bitcoin, and this is what we've been saying for months here about a black swan event being centered around Michael Saylor and everything that they're doing over there at Strategy. BC Backers sum this up perfectly. Michael Saylor opted to leave out the average sell price, unlike when they announced their buys. Strategy sold $260 million worth of Bitcoin at only $60,000 in price. The price went up after they sold, and it reminds me of how the price would go down after they purchased these assets. So we got some phenomenal content prepared. I wanted to make sure I gave you that update at the beginning of the program. We already have over 1,000 live listeners here joining us. If you're excited, you enjoy this content, smash that like button. And we're going to be sticking around for some overtime. If we can pass 589 likes on the program, and believe me, this is going to be one of those episodes where it's jam-packed with brand new info. I've got Charles Hotskinson clips, I've got President Trump clips, and I think this might be another very important uh kind of video that we're going to show at the beginning of the episode. As President Trump was talking about digital assets earlier this morning, here's what he had to say. Oh, whoops. I swiped my screen off. I apologize, never done that before. Swipe that off in the background and we're back.

SPEAKER_02 5:03

Is Bitcoin in any way gonna be related to this in the future? They're plans to put Bitcoin into Trump accounts.

SPEAKER_05 5:08

Well, I'm a big crypto, I've become a big crypto guy only for one reason. If we don't have it, China's gonna have it, and they would like to have it. But now they're not even trying that hard because we've taken over crypto fan. I I wasn't initially, I didn't know much about it, but uh for some of my first term, I wasn't really, but I wasn't much involved, but I'd watch and I watched it grow, and it's a huge industry. And I got involved in a little bit for politics, you know, because I realized there's a lot of people who love crypto. And even me as a businessman, I'd see a lot of money starting to come in with Bitcoin and you know the different forms. And I said, this thing's got a lot of life. And then I hear China was gonna make a heavy move on it, just like they do for AI. By the way, we're leading China substantially in AI by substantial. And one of the reasons is I allow when they build these big plants, I allow them to build their electric generating units, whether they use nuclear, oil and gas, whatever they want to use, they can use except wind. We don't allow wind.

SPEAKER_10 6:09

Wind is terrible. Well, you guys heard it right there. Not only is Trump considering adding Bitcoin into these Trump accounts, but he said, I'm a big fan of the industry and we need to take it over. And it's funny because many of the people in our live chat were asking the exact same question that I was, which is how are we going to take the cryptocurrency industry over? Step one is regulating this asset class. And there's a video I'm gonna be playing for you guys in just a moment here from Bloomberg over the weekend, where Bloomberg said there is a 60% chance that the Clarity Act ends up getting passed in the month of July. I want to ask you guys, one's in chat for yes, you think we get clarity this summer, two's in chat if you think it does not happen this summer in 2026. And I know there's a lot of other crypto channels saying, stay away from this, guys. Clarity's not gonna happen. My belief is this is the very similar playbook to what we saw with the Genius Act, where they convince everybody the two sides of the aisle are way too far apart, and then there's a three-week reversal, and we get this thing across the finish line. Well, the final Senate text is expected to be released any day now, and it was actually supposed to be released over the July 4th weekend. So I would anticipate that we see this in the next seven to eight days here, congressionally speaking, not over the weekend. Now, the floor window for a vote happens after July 13th. And if you're new to the program, there is a defense spending bill that actually needs to be addressed prior to the Clarity Act being voted on in the Senate. So again, one's in chat for yes, two's in chat for no. But two weeks ago, the market was pricing a failure for the Clarity Act to get across the finish line. July just became the month where we definitively get some answers. And I'm very excited to get some answers because once again, I'm somebody who's gone out on a limb and said, I believe we get the Clarity Act here in 2026. But let's listen to what Senator Cynthia Loomis had to say and the fact that Bloomberg Intelligence is raising their odds that Clarity gets across the finish line. Here's the clip.

SPEAKER_01 8:04

Joining us for more is Nathan Dean. He's with Bloomberg Intelligence, and he will be helping us break this all down. So, Nathan, what is the most significant change from this updated draft compared with the previous versions? I mean, does it meaningfully address democratic concerns like ethics or conflicts of interest?

SPEAKER_09 8:20

We think it does on the ethics side, but we do think that there needs to be more work done on the law enforcement side, aka the bank, uh, you know, the bank provisions that essentially allows you to do know your customer bank secrecy act and anti-money laundering. Now, this text will come out over the 4th of July weekend. Senate returns on July 13th. There's essentially gonna be two weeks worth of debate. And we do think that there's gonna be a vote, whether the votes are there or not. Now, I'm at 60% chance that this will pass. I may be out of consensus here, but ultimately, you know, this is going to be the final month for this bill to get across the line. If it doesn't, then we see August recess, and I think it's gonna just essentially slip and not pass during this congressional session. So a lot of debate has to happen in July, but ultimately I think they can get it through.

SPEAKER_10 9:02

Well, you just heard it right there. Bloomberg Intelligence, once again, has 60% odds that the Clarity Act will get through in the month of July. And July 22nd to July 26th are the key dates that we need to keep an eye on because if it does, if it doesn't get done by those definitive deadlines, we're gonna be talking about the Clarity Act for years to come because President Trump may not be able to get this done during his term. But again, it seems like a lot of people out there are very optimistic. I've got one more Clarity Act piece of content that I want to get into, and then we're gonna begin breaking down two massive topics during today's episode. Number one will be the DTCC's document revealing the plans for Ripple to have direct access into the Federal Reserve. Everybody needs to stick around for that one. And then, of course, we're gonna be breaking down what's in the title for today. Michael Saylor just sold $215 million worth of Bitcoin. Here's the most important detail at a loss. But we're about to pass 1,000 listeners on YouTube, guys. If you're having fun, you're enjoying this content, smash that like button. Help us pass 589 likes, and we're sticking around for some overtime during today's episode. And we just passed 250. So we are well on our way to getting into some overtime content for today. But here's a brand new video from Chris John Carlo, the former CFTC chairman, talking about why the Clarity Act is so important, not for the experts, but for the people who are hesitant about this asset class. Here it is.

SPEAKER_02 10:18

We do need the Clarity Act passed. But you know, the funny thing about innovators, they'll innovate even without clarity, right? They've innovated for the last four years. They're gonna continue to innovate. Clarity is really needed for the laggards, for the scaredy cats. It it's not the it's not the lead, it's not standard charter, it doesn't need the clarity act. It's that, you know, it's that uh first the first uh uh bank of Des Moines that is sitting there saying, Oh, I don't know if we can do this. But they're the ones fighting, they're the ones fighting it right now. Exactly. Well, you know, the American banks have fought every innovation that's come over the pike for the last 50 years, whether it was branch banking, whether it was ATMs, whether it was uh chips and credit cards, the American banking system have used their strong lobby in Washington to try to stop every innovation. And then within five years, that once that innovation took off abroad and and customers came back from Europe saying, I just used a chip reader in my credit card. Why am I swiping my card? The American banking system said, okay, we'll get on board with that innovation. But they fought it first and they're doing the same thing again. But this time I'm hoping they're not gonna make they're not gonna prevail.

SPEAKER_10 11:23

Well, we are seeing other countries around the world launch their own digital asset regulation. And I do have a segment kind of prepared on this because Russia's largest bank is launching a crypto wallet directly inside of its banking apps by December of this year. And why is this able to happen inside of Russia? Because they passed their version of the Clarity Act last year, and that is set to go into effect in September of 2026. The new digital asset legislation is expected to take place if adopted as planned. And cyber is targeting its crypto wallet and digital depository rollout for the back end of 2026, eyeing the month of December. Now, the crypto wallet will exist inside of the banking ecosystem that's already spread all throughout Russia. So a lot of times people will talk about adoption and why it's gonna take place faster. It is because these influential players are gonna be selling these products to their clients. Everybody in Russia is about to log into their banking app, and there's gonna be stable coins and there will be digital assets according to this article right here. Now, the crypto wallet is inside of its own ecosystem, but the digital depository for storing and officially accounting for crypto assets will be ingrained within the banking act itself. Access to authorized cryptocurrencies throughout the banking app will also be unlocked, and potential links to foreign crypto exchanges under these new global rules. Other major Russian financial institutions are also preparing to roll out crypto infrastructure. And if you guys remember the clip that we started off with with President Trump at the beginning of this episode, what did he say in that clip? Russia, China, they're moving into digital assets, and the United States does not want to get left behind. Well, this is a clear example of why the United States needs to roll out these products and how, quite frankly, we're already running behind in this digital asset narrative. But don't just take my word for it. Here's what Evernote CEO Ashish Burla had to say about how institutional adoption is just waiting to be unlocked.

SPEAKER_07 13:09

So we are working with the XRP developers to build build lending products uh and bring DeFi to the XRP ecosystem. Why? One, it's gonna be exciting in more use cases on XRP, but two, we can put our capital to work as well. And we can start with XRP and get more um, you know, get yield for that XRP, which I think will be great. But as more tokenized assets move their way to XRP, the blockchain, how do we put those to work as well? And so making sure we have the right kind of features on XRP, the right kind of lending features on XRP, uh, to help us put those to work is an important part of what we're up to.

SPEAKER_13 13:53

Yeah. In your research as well, Evernorth's research report. So I think that's a great uh, I'll actually play this. Or around RLUSD and XRP ledger, it kind of seems to suggest that stable coins can actually strengthen the broader ecosystem rather than compete with these native.

SPEAKER_10 14:06

So this is another talking point that we're hearing out of Evernorth is that the tokenization of all assets, including the United States dollar, which is what stable coins are, this all ultimately benefits the XRP ledger's value, and that will increase the demand for the XRP token. Now, for the next portion of today's episode, I do want to briefly expand upon what we kind of kicked off today's episode with the brand new document that was found by the digital asset investor titled Collateral Infrastructure for the Tokenization of Capital Markets. And this is a white paper that was released by the DTCC, which lays out a clear plan for how the US government is pushing to boost competition within our capital markets centered around many of these crypto companies. They want to open the door for native crypto firms like Ripple, Coinbase, and Circle to issue trade and settle securities through one distributed ledger technology, just like traditional institutions are doing today. The advantage, faster and more efficient. So even if we see this integrated in only a small scale, this is gonna rapidly accelerate what the competition in the industry needs to do in order to keep up with what's being integrated behind the scenes. So, what's actually highlighted within this article is beneficial on two fronts. One, it benefits the company Ripple, and two, it benefits the liquidity that is migrating onto the XRP ledger from many of these Trad5 products. And how is this happening? Through the tokenization of real world assets. Now, within this document, it explicitly names Ripple as one of the crypto native firms that the US government is working to empower. You're hearing that correctly, and this is creating the regulatory tailwinds that Ripple has been talking about since the beginning of the Trump administration. Ripple can now easily expand into issuing and trading securities, including tokenized assets, meaning stocks, bonds, and real world assets can all be minted and traded on Ripple's public ledger, which is XRP going forward. This opens up huge revenue streams in custody, clearing, and prime brokerage for the firm Ripple. And remember, whenever we're discussing Ripple, the best thing that can happen is they increase the value of XRP, which increases the value of their balance sheet and allows for Ripple to do more things with all this money that they have. But after acquiring Hidden Road for $1.25 billion in 2025, it rebranded the company as Ripple Prime and is now listed directly inside of the DTCC's NSCC participant participatory directory. So that's a mouthful. But this means that Ripple Prime can now directly clear and settle trades inside of the United States government's infrastructure. This is a massive credibility boost and an operational boost to the over $12 trillion that are running through Ripple Prime today. And there was a viral tweet that went uh went viral, I guess you would say, on social media earlier today. Over $12.5 trillion has been cleared by Ripple Prime just since the acquisition in 2025. That is nearly half of the United States GDP running through a single entity that Ripple just acquired for $1.25 billion. So you guys can clearly see the opportunity here. Infrastructure turning into utility. That's what we're discussing during this episode. So this means that Ripple Prime has a direct path to tap into the US infrastructure and gain that operational boost here inside of the United States. Also, I want to point out the fact that Circle is not a part of this DTCC participatory. So RLUSD, the Ripple stablecoin, is the largest stablecoin built within this infrastructure. If people are going to use stable coins, chances are they're going to be leveraging RL USD. Now, the paper also supported firms combining brokerages, exchanges, and clearinghouses under one company. That's exactly what Ripple has been doing with their acquisitions, as well as the expansion of their business model. So they've got the on-demand liquidity, they've got the stablecoin, and now they have the treasury and prime brokerages after these acquisitions. So long story short, Ripple's becoming the preferred bridge between traditional finance and blockchain companies. If somebody wants to get involved with blockchain, they're going to go to Ripple. And chances are Ripple is going to funnel these companies into the XRP ledger, whether they're tokenizing real world assets and using the XRP token as liquidity or leveraging the RLUSD stablecoin and tapping into the XRP ledger for faster, more efficient cross-border payments. There is so many different use cases that Ripple is working to facilitate. And ultimately, this will benefit the value of the XRP token because of the demand that will come with all of this utility. But I want to hear from you guys. Are you excited about this? One's in chat for yes, two's in chat for no. And I do want to give a massive thank you. We already passed 367 likes on the show. When we pass 589, we stick around for some overtime. But I want to hear from you guys in the live chat if you find this interesting, because I think a whole lot is being said. And now we're going to transition to what's coming for the entire crypto space. And it's funny because we got a clarity at clip of Michael Saylor I'm going to play here. And then we're going to be breaking down what may be the most important topic for today. Michael Saylor just sold 215 million Bitcoin at a loss for the first time in history. But let's start with this clip and break it down.

SPEAKER_15 18:56

What does the future look like to you with uh with Bitcoin, with cryptocurrency in general? Where do you see it five, 10, or even 100 years from now?

SPEAKER_04 19:05

I think big tech is going to embrace Bitcoin. They're going to let you uh hold your Bitcoin on your iPhone, on your Android phone. It will find its way into Microsoft software, Amazon software, Google, Apple software. I think that banks are going to embrace Bitcoin. So your bank's going to give you a loan against your Bitcoin. It'll let you, it'll buy Bitcoin for you. Insurance companies will start to support Bitcoin. I think families will increasingly begin to see it as their savings account. The yoga studio, the restaurant, the hotel chain, they'll be able to raise capital in order to improve their business and to innovate. And I think that that sound money will spread through South America, Africa, Asia, Treasure China. So I think the future is American values, American technology, not just making America great, but also spreading economic prosperity to the entire world.

SPEAKER_10 20:05

And here's what's great, guys. We can thank Russia. We can thank China for putting this pressure on the United States to finally regulate this digital asset class. And what we're going to be breaking down for the next portion of today's show is the fact that Michael Saylor just sold a massive amount of Bitcoin at a loss. What does this signal to the industry, guys? Well, it signals that Michael Saylor's conviction isn't what he's portrayed it to be. And I'm going to be showing you some clips out of Michael Saylor talking about how he promised we would never sell Bitcoin. Now, what's funny about this is that Michael Saylor is coming out this morning and saying he never said he wouldn't sell Bitcoin, but we're going to play the evidence that says otherwise. And we just passed 400 likes on the show. I do want to give a massive thank you to the people in chat who show up and participate every day. If we pass 589, I'll stick around for some OT here, guys. And believe me, I'm excited for this overtime content we're going to get into. I do want to put a positive spin on this as well. Think about this, guys. Every single bear market, we've had a massive historic crash. We didn't get one this time around. What if the Black Swan event or the bear market catalyst that people have been waiting for is Michael Saylor selling his Bitcoin and strategy being shaken at its core? That's what we're going to break down here. But let's start off with some Michael Saylor clips. Supposedly this man said he would never sell Bitcoin, or did he? Here's the clip.

SPEAKER_03 21:19

And I refuse to do it because a troll on Twitter says, hey, hey, you said never sell your Bitcoin. Okay, fine, I'll destroy a billion dollar $100 billion company so that I don't sell my Bitcoin. Yeah. Well, the point is, I said to by the way, I said to you, never sell your Bitcoin. I never said that the company wouldn't sell his Bitcoin. So uh we're not gonna be selling. Uh we're gonna be buying Bitcoin. We're not gonna be selling. I just bought 1.1 billion of it, and I intend to hold it forever. Forever. We're not gonna sell our Bitcoin. You do not sell your Bitcoin. And anybody that's been listening to our earnings call. Or reading our disclosures, or has half a brain knows for the last five years, we've been very clear that of course we sell the Bitcoin if we have to.

SPEAKER_10 22:11

So apparently we don't have half a brain because Michael Saylor, time and time again, has went on these massive platforms, whether it be CNBC, whether it be Fox Business, whether it's at Bitcoin conference in Las Vegas, and he has said time and time again, we will never sell our Bitcoin, and neither should you. And I just showed you guys the evidence of the games that are being played before our very eyes. But we're going to take this one step further. As the wolf of All Street, Scott Melker, had a very interesting conversation. The audio was a little bit tough, but here's what he had to say: Bitcoin's probably going towards $10,000. This is what Mike McLaur had to say. And we need to get Michael Saylor's microstrategy stopped out. There's only one thing that matters for him right now: the price of Bitcoin going up. And he thinks we need to see Michael Saylor be wiped out before we see these markets recover. Here's the clip.

SPEAKER_06 22:59

Cryptos are in a severe, serious bear market. It should continue. Number one reason is part of it is because we've got a lot of smart people who are not um focusing on the forest through the trees. Number one thing is also rapidly advancing technologies, so bearish for cryptos because there's an unlimited supply of cryptos. Now we have to purge those or in the process of purging those, just getting started. Bitcoin's just one of them. Just the fact that it's done this year is a good indication that it's probably gonna go towards 10,000 and we need to get Michael Saylor stopped out. There's only one thing that matters for him right now is Bitcoin has to go up. Simple fact, let's put it there, and it's going down despite the stock market going up.

SPEAKER_10 23:43

Crypto's so I want to hear from you guys. One's in chat if you think Michael Saylor's company is gonna be stomped out during this bear market. Two's in chat if you think Michael Saylor manages to survive. Now, I think what's gonna happen here is something in between. We're gonna see Michael Saylor survive, but MicroStrategy and these companies, their public evaluations, they are going to take a major hit in the calendar year of 2026. And it's not because of anything that needs to happen in the future, it's because of where we are today. Now, just to give you guys some context, Michael Saylor, his average Bitcoin buying price is over $75,000. And as you guys know, he sold Bitcoin for $60,000 over the past month or so. Now, why would Michael Saylor be doing this? There's several different reasons, but the main reason is that he needs to cover these payments that strategy has to put out on their balance sheets. And that's what I wanted to talk about for the next portion of today's episode. But we are at 420 likes for today's show. If you're having fun, you're enjoying this content, smash that like button. We only got 10 minutes left to pass that 589. And I'm gonna be sticking around for some overtime and covering some very interesting price action discussions. And we're also gonna be breaking down this topic right here, which is Ripple just received full regulatory clarity inside of Europe. What does this mean for Ripple products and their expansion inside of Europe? Because we often focus on the United States. There's a whole lot going on overseas as well. But we are gonna be breaking down this Michael Saylor clip because I think it's very relevant to what we're all witnessing today. Michael Saylor talked about this at the beginning of the show. What is he anticipating? He isn't he is anticipating the technocracy, the apples, the Amazons, the Facebooks, all integrating Bitcoin. Here's what I would say that doesn't make sense. I think that Bitcoin has its place, it has its use cases, it has its store of value, and it's been given a free pass here to survive and drive the crypto space forward. But I also ultimately know that there are plenty of other technologies that do the exact same thing better. And we're looking at these technologies compete with Bitcoin in real time. And I want to focus on the XRP ledger because whether it's the finite supply, XRP has it, the cheap and fast transaction speed, the store of value narrative, the tokenization of real world assets, all of these things, they can't be applied to Bitcoin, but they can be applied to the altcoin market. And that's why I think what Michael Saylor is saying in that short clip, even though he ultimately says it time and time again, it goes back to Bitcoin and Bitcoin and Bitcoin, it's never been about Bitcoin. And ultimately, it never will be about Bitcoin because Bitcoin has a very limited set of use cases, it has a very limited set of basically selling points. Remember, they tried to tell us that um, they tried to sell us the narrative that Bitcoin was a digital gold. Then the war in Iran broke out. We have these other capital markets exploding, and Bitcoin went through a bear market. You can't even apply this same narrative going forward. I do just want to give myself a moment to take a sip of water here, guys. Here's a brand new clip. This is Hester Pierce talking about what she thinks. Will the Clarity Act get signed? Here's what she had to say.

SPEAKER_14 26:35

Very hard on it. The House did their work and the Senate has been has been working hard. So I I do still um I'm still optimistic that it will get done this summer. Um, it's a lot of hours of work have been put in by a lot of people, both in the in the House and the Senate, and um there's still a lot of work happening now. So I expect that we'll see it uh passed soon. You know, it it's legislation is very hard. I I I know that from the time that I spent on the Senate Banking Committee. There are a lot of moving pieces, and this is a big piece of legislation. Um, and and it's trying to do a lot of hard things too. So I think um they're making good progress.

SPEAKER_10 27:19

Well, there you have it, guys. A lot of people in the industry say clarity's not gonna get done. You listen to the president, you listen to the SEC, the CFTC. Everybody is working to get this thing across the finish line. And we've given you plenty of Clarity Act updates, but I want to focus on what Michael Saylor did over the past month or so because remember, he was selling this Bitcoin over the month of June and was pretending as if everything was business as usual. Then he comes out with this quarterly report and he has to prove that he sold this Bitcoin. Now, where it gets really interesting is what Blockchain Backer is pointing out. Strategy sold this Bitcoin at a huge loss. And it actually goes even deeper than this. Not only did they sell $15,000 below their average cost here, they also sold their Bitcoin that they purchased just a couple of months ago. So this is really interesting. I'm just looking for the data that I wanted to show you guys on stream. So if you'll bear with me for just a moment here, it is worth it for me to pull this up. But what was being shown, and this is it right here, last month, Strategy sold over 32 Bitcoin at the beginning of the month before buying 3,600 Bitcoin later in June. So think about this. Michael Saylor sold the 32 Bitcoin. We had that narrative, we had our talking points. Everybody said, ah, they're just testing the market, they're proving some concepts, it's not a big deal. Then they went on and misled the market. They purchased 3,600 Bitcoin, and less than four weeks later, they announced they sold basically all of the Bitcoin they had accumulated at a loss. Think about that. They purchased it for $63,000, they sold it for $60,000. That is a $3,000 loss on Bitcoin that they just accumulated. So, what's really going on here, guys? They're losing confidence. There's three major things that we need to keep an eye on their balance sheet, the dividends, and how they're managing this volatile market. So strategy sold its Bitcoin specifically to cover the quarterly and monthly dividend payments. This is the problem that many people have been sounding the alarm on for several months. There was this guy based out of Miami. I always forget his name. He wears those glasses. He's he likes to market himself as being a little bit goofy. He had these Michael Saylor videos that went viral and he said this was the crisis on the horizon. And then he said that he actually got a letter from his lawyer saying he shouldn't be talking about this stuff. So if I get silent on these issues, guys, you know what happened. I don't even want to put that out there. Of course, I'm kidding. But here's what really happened here strategy needed liquidity to pay investors, and they made the decision. The only place we can get that liquidity is by selling some of our Bitcoin. So the treasury management aspect now comes in. Selling the small portion of its Bitcoin gave them over $2.5 billion to play with. And although this is a very small amount of the Bitcoin that's held on their balance sheet, it's only about 0.4% of their total holdings. This was authorized as part of the monetization program. Now, if you guys will also remember, I know a lot of our daily listeners keep up with this stuff. Last week I showed you guys how Michael Saylor submitted a document and it was public and it said, this allows us to sell $1.25 billion worth of Bitcoin. Remember, we're not even close to that number. We're only at $215 million. We could see a whole lot more dumping happen over these next few months, depending on what Bitcoin does. But Saylor came out and he said, no, we're not doing that. We're just setting up the case scenario so that if we decide to sell, we have the ability to. Well, little did we know while he was telling the public that he wasn't doing that, he was literally selling Bitcoin at that very moment. And to me, that makes me uneasy. That's a credibility thing, that's a trustworthiness thing. We're just keeping score here. This would be the best way to put it. Now, at a $60,000 Bitcoin price rising after the sale, it could be an opportunistic part of this whole thing. It's very funny because Michael Saylor, although he was secretly dumping on the market and selling Bitcoin over the last month or so, it turns out if he had just waited a couple of weeks, he could have actually not had to sell, or at least he could have made more money while taking this profit in the summer of 2026. So a lot of interesting things are going on here, guys. And this is why shows like ours have to do the research that you're not going to see on the mainstream media. If you go to some of the mainstream programs, they're going to tell you it's business as usual for Michael Saylor. But we know, because we've been tracking this information on a daily basis, we have never seen Michael Saylor or the company strategy act in this way before. Now we do have five minutes left in the program, guys. I do want to encourage you, if you're having fun, you enjoy this content, smash that like button. We're at 540 likes. If we pass 589, we have a standard here. We stick around for some overtime during today's episode. And I gotta say, there's a moment of vindication a little bit here for the XRP community because for a very long time, we've been saying this whole Michael Saylor business model, it's extremely misleading. It makes it appear as if Michael Saylor is a Bitcoin maxi. All he's doing is buying Bitcoin, adding it to his balance sheet, and creating more demand. That's not what's happening here. He created a structure where he has to pay out his investors, and so he needs liquidity. And that's the problem with Bitcoin. Bitcoin's not producing cash flow, Bitcoin's just increasing in value. So this is the writing on the wall that I want our listeners to pay attention to. But I wanted to give you another update here from Senator Cynthia Loomis, where she's talking about how the United States government is pricing in massive growth for Bitcoin over the next 10 years. So again, I think that what's happening here with Michael Saylor is a clear bottom signal. Once again, you guys wanted that FTX collapse, that massive indicator that, okay, we're in a black swan event. Michael Saylor selling his Bitcoin is that catalyst, in my opinion. Now we'll have to see the long-term effects here. Here's what Senator Loomis had to say.

SPEAKER_00 32:44

Of modeling that shows that Bitcoin uh is going to increase dramatically and then more slowly over time. All of the Bitcoin, meaning 99% of all the Bitcoin that will ever be mined, will be mined in the next 10 years. So this asset has growth potential for the next 10 years that's tremendous. I think the American people should admire the fact that President Trump was foresightful enough to engage in the digital economy. Everyone is going to be involved in this economy in one way or another. And I'm proud of the president for choosing to engage in this very promising component of the economy.

SPEAKER_10 33:27

We had two clips of President Trump in the last 48 hours come out where he was talking about crypto. I covered one of them over the weekend and I opened up the show with the other one today. But if you're just joining the program, here's a 15-second clip of what President Trump said today about cryptocurrencies. Here it is.

SPEAKER_05 33:43

Because we've taken over crypto. But I'm a fan. I I wasn't initially. I didn't know much about it, but uh for some of my first term, I wasn't really. I wasn't much involved, but I'd watch and I watched it grow, and it's a huge industry because we've taken over crypto. But I'm a fan.

SPEAKER_10 34:01

I wasn't he is saying we have taken over crypto. Now that's something I would disagree with him on. I think maybe we're in the process of taking over crypto, but the United States still has a long way to go before we can definitively say, okay, we are dominating the global market when it comes to the integration of digital assets. And we are entering the overtime portion of today's episode. Just want to give a massive thank you. If you're having fun, smash that like button. We're at 580 likes. We're only nine likes away from overtime. And you guys know the deal. With that being said, I'm gonna stick around for some overtime during today's show. If you'd like to help us reach our goal, the goal for the overtime portion, can we hit 700 likes during the episode? I think we will. And we got some awesome content that I'm gonna be getting into. First of all, we're starting off with another Charles Hotkinson clip talking about XRP and why do I find this clip so valuable? Charles Hotkinson is talking about how there's two tiers of the crypto market: there's Web 3.0 and there's Web 2.5. And why is 2.5 better? Because Web 2.5 is bringing companies like BlackRock, JP Morgan, Franklin Templeton, Goldman Sachs into the crypto space. And that's what Charles thinks Ripple is in the process of doing. Here's the brand new clip, we'll break it down. So I think that's the fundamental issue.

SPEAKER_11 35:10

The other thing is there's a bifurcation in the industry right now. The bifurcation is Web 2.5 versus Web3. So Web 2.5 is you got a regulated business, licenses, and some form of corporation, CEO, federation in real world. Then Web3, you got a crypto product. You put them together, you got Web 2.5. So Tether is an example of that, Circle's an example of that, OUSD is an example of that, Ripple's an example of that, BNB is an example of that. Why does everybody get so tippled about XRP? Well, because they're like, well, Brad and the other gang, they just bought a prime broker and they just did this, and we just did well, that's a centralized company, right? But they know that that company's gonna use the XRP ledger, and so they're gonna kind of create this virtuous cycle here. So the efforts of one actor is kind of driving the value proposition of the listen to that one more time, guys.

SPEAKER_10 35:58

Think about what Charles is saying here. Charles is saying Ripple is going to these companies, partnering with them, driving them into Ripple products, and where are those Ripple products? They're built on the XRP ledger. So the exact thing that we were criticized for for about five years, being the banker's coin, being a centralized coin, that is now the best narrative you could have in this in this current crypto environment. And that's what Charles is saying. Here's the clip one more time.

SPEAKER_11 36:21

BND is an example of that. Why does everybody get so tippled about XRP? Well, because they're like, well, Brad and the other gang, they just bought a prime broker and they just did this, and we just did well, that's a centralized company, right? But they know that that company's gonna use the XRP ledger, and so they're gonna kind of create this virtuous cycle here. So the efforts of one actor is kind of driving the value proposition of the thing, and that's Web 2.5. There's nothing wrong with it. I've been fighting it. I mean, I I've thrown in that towel a long time ago, and that's where all the growth is. If you look at CoinMarketCap, XRP, VNB, Circle, Tether, look at where they sit. It's that's where the growth is right now. So Canton is another example of that. It's a it's a club, uh, and uh they're building that out. OESD is a club. So that's so they build these clubs, and so that's gonna have a lot of growth in the next uh few years, and they're gonna bring billions of people in, but that growth will leak into the web three markets if the bridging is right.

SPEAKER_10 37:16

You heard that correctly. There are billions of people about to enter the crypto space, and where are they coming from? They're coming from Ripple, BB, Tether, partnering with these TradFi companies. So basically, Ripple's going to JP Morgan. They're saying, hey, we've got all these products that can benefit you. We just need access to your clients. JP Morgan goes, Great, let's sell these products. That is what Charles Hoskinson just described in this short clip. And what I found to be most interesting wasn't what he talked about from TradFi integrating these products. He said the most profitable companies will be the Ripples, the Tethers, these 2.5 companies that we've been discussing here on Good Evening Crypto. And that's just one of the reasons that I think the Clarity Act will ultimately unlock so many new partnerships and use cases for Ripple and the XRP Ledger. All of these companies that have perfected these ideas and they're ready to roll them out, they will not do it without the correct rules and guidelines to know they're not going to be retroactively prosecuted by the United States government. The Clarity Act essentially provides that. And I do want to give a huge thank you. I missed this from 1970s Legend. Huge thank you for the super sticker and the $10 donation. We appreciate you, my friend, as always. Now we're going to get into another interesting clip here. I've got a BC Backer update, but I wanted to talk a little bit about XRP price suppression. Oh, whoops. This is the I just copy and paste the same clip twice. We're going to play a BC backer clip for you guys because he put out a brand new video about less than an hour ago. And what he's saying is that the Michael Saylor indicator, it's exactly what I just shared. We need a black swan catalyst. We need a whoops, we need a bottom signal for the industry. This could be that moment. Here's the clip.

SPEAKER_12 38:51

10.66 over here during C19. We get over here to 10.44. So we've reached like these historical levels of absolute max pain in the market. Now I've talked about this a lot back in June of 2025 into July of 2025, and of course, here recently, that these treasury companies all essentially loaded up at the top. We watched Anthony Pompliano, we watched Jack Mahler's, we watched them fill these Bitcoin treasuries up at above 100,000. We've watched Michael Saylor just like yellow blast billions of dollars at the peak of the market. My thoughts were we were going to see pain come for the treasury companies. And this morning, Michael Saylor announced that Strategy sold 3,588 Bitcoin for $216 million to fund dividends on their digital credit securities. Now they left out the part where how much that is per Bitcoin, which whenever they announce their bias, they always tell you for an average price of blah, blah, blah. They left that part out, but I can do the simple math for you. $216 million divided by $3,588 Bitcoin is $60,200 per Bitcoin. Zero Hedge goes ahead and shows that to us that they're from June 29th to June 30th, they sold $1,363 for an average price of $59,256. And from July 1st to July 5th, they sold $2,225 for an average price of $60,773. So $59,256. That is right there where strategy finally starts offloading.

SPEAKER_10 40:15

Now, what is I just want to take a moment here, guys? Look at where Michael Saylor began to offload. He offloaded at the absolute bottom of this bear market correction. So think about this. Michael Saylor has a fiduciary responsibility to do right by the people who have invested in his company, right? People are investing in strategy because they think it's going to succeed. Michael Saylor's track record of when he buys and sells Bitcoin is horrendous. That's not an opinion, that is a fact. And I think that that a move like this really highlights that once again. Michael Saylor didn't decide, oh, let me take a little profit on this big move that happened in early 2026. We're at 82 grand. I think a correction's coming. No, he sold the bottom of the market because he waited to the last possible moment. And now he owes his investors their dividends and he has no choice but to sell this Bitcoin at a loss. Let's continue.

SPEAKER_12 41:01

So fascinating about them doing it right here. Max Pain. Right in here, we're at on-chain losses of the historical bottom of bear markets, and they are forced to have to sell their Bitcoin in order to try to get the STRC price back to 100. Frankly, I kind of laugh at this stuff. I mean, if you just are not going to treat it very serious and you kind of just take the whole thing for a grain of salt as which what it has been the whole time. Just take take a breather here for a minute. Think back when Bitcoin was $100,000. When I'm making these statements, like the next Bitcoin bear market will 100% be these treasury companies, they were incapable of pushing the price up. You have Anthony Pompliano, Jack Mueller's, Michael Saylor all building these massive Bitcoin treasuries, and they were not able to push the price up. They all got stuck holding the bag from high prices. And their stock prices reflected like strategy. Anthony Pompliano's pro cap financial or Jack Mueller's 21 capital. But it was funny when all these things are getting announced here in June and July of 2025 that they're buying hundreds of millions and billions of dollars of Bitcoin. They're incapable of continuing a bull run for Bitcoin. Yet everybody's scared that, oh no, now it's like, oh, they're bad. It's like, okay, well, you know, we saw that coming, but look where they sold. Yep. And price is still able to rebound off of that, right? They're the forced seller into absolute max pain in the market. And I made this analogy last week, and I wrote about it in my newsletter as well, that this STRC saga of it depegging from 100 reminds me a lot of what it has been like in past bear markets for the cryptocurrency market, where rather than it being like STRC or any of these corporate companies or their fancy structured financial instruments, it was tether, right? It was the stable coins in the crypto market that were the thing that D pegged at the bottom. They D pegged during FTX.

SPEAKER_10 42:52

So this is interesting, guys. I want to make it very simple. We're waiting for that catalyst. Every bottom of the bear market for crypto in the 2022 bear market, it was FTX. In 2014, it was Mt. Gox. In 2017, I forget what it was because I'm doing this show live on air and I can't research it. But here's the truth this could be that moment. Because again, what is he saying? These treasury companies could not push the price up. They did everything they could to raise the value of Bitcoin. And here we are in a deep correction during a bear market. And who's hurting more than anybody else? It is these companies that thought they could prop up the price of Bitcoin. And I do want to give a big thank you to Matt from Psychosmos. He always puts great content here. August is almost here, folks. Once eclipse season hits, we're going to see a massive change in the world's financial situation. We're getting close to that final time, guys. We're going to get answers on the Clarity Act. We're going to get answers in the midterms. We're going to get answers in October. Because even if this is just a standard bear market, October is when the bear market would come to a close, even if we're just following a four year cycle. We are almost to the end of this massive capitulation. And all of our listeners, congratulations to you for your patience, for your persistence, and hopefully. You don't have to care about my congratulations. When we enter a bull market again, when these markets start to get euphoric, like they always do every few years, you are the people who have created portfolios where you're going to benefit. And hopefully, you've created the strategies to make as much money as you can on the back end. And that's why I am always talking about iTrust Capital. Whether you want tax-free crypto gains in your Roth IRA or you want institutional custody through a PCA account, by clicking on our link below, you get a free $100 signup bonus. And here's the best part, guys they have a 1% rate to accumulate these cryptocurrencies. Use a traditional exchange like Coinbase or crypto.com or something, they may charge you three or four percent to buy crypto. Using a product like iTrust, you get a 1% flat rate that allows you to accumulate as much crypto as possible, regardless of what you're buying. So click on the link below and check it out today. With that being said, let's finish out this BC backer clip and we'll continue.

SPEAKER_12 44:52

DPEG during the capitulation of two.

SPEAKER_10 44:54

Also, we did just pass 700 likes on the show. Just want to give a massive thank you. Let's continue and then we'll bring it home.

SPEAKER_12 45:01

2018. DPEG during June of 2022, when we had like Celsius three arrows capital, digital currency group coming off the heels of the Luna collapse, right? We were watching it happen where max pain was being reached in stable coins, but are we actually just seeing it happen in these financial instruments here? And that this actually becomes a data point for us in the future of where does the system start to break at? Right. And the logic, of course, right? Selling some Bitcoin to be able to fund the dividends to get this thing back to 100. Well, what happens if it gets back to 100? It regains trust. People start pouring more dollars into this. If they have more dollars poured into this, what are you doing here to get this dividend? You're loaning strategy money to do what? To buy Bitcoin and add it to their balance sheet. So the goal is, of course, to get this back here in order for more money to come in for them to be able to buy again. At least that's my basic understanding, allegedly. No. Normally I don't spend much time covering news because frankly I don't care. But it was an idea I had for a long time that we were going to see the treasuries be the ones that would be the problematic sector of the market whenever this bear market was in full steam, or that we were at an actual pain point. And so I don't use it as a thing to be like, oh, I should be scared. It's like, okay, we've been waiting for this. Like, when are they gonna reach this moment of max pain happening for the treasury companies?

SPEAKER_10 46:20

We can see on chain where max pain so max pain has arrived for the crypto market. And I love this chart that BC Backer was showing. Just as the market is reaching what he would consider a bear market bottom, strictly from a price action standpoint, we are getting the catalysts that are necessary to identify this as the bottom. And Michael Saylor selling over $215 million worth of Bitcoin. Let me provide some perspective here, guys. If you watch this channel, you have a little bit of insight that most Bitcoin investors don't have. You probably have a deep understanding of altcoins, you probably understand that Bitcoin is very limited in its capacity for what it can do in the future. But Bitcoin investors, they don't understand this. They think they bought the future, this is going up and to the right forever. And something like Michael Saylor has been promoting that narrative. He's been sharing, I'm only buying Bitcoin, right? This is a signal to the industry. We're never gonna sell Bitcoin. You should do what I'm doing. He's doing the inverse. He's been doing the opposite. And to me, that's a major concern. That would be like Brad Garlinghouse saying, We're never selling the escrow. And all of a sudden they release the escrow. How would you guys feel? Well, that's what Michael Saylor did to the Bitcoin crowd. And here's what One Armed Bandit had to say in chat. Massive thank you for the $10, my friend. Nice cat in that picture. He said, get it, send it, pump it, hodl it. Just don't miss it, friends. Learn fast and stack faster. Subscribe, like, and share. Let's all learn together. Huge thank you, One Armed Bandit. And again, bear market or bull market, you can rely on us here, guys. We've been on this channel live. Well, not this channel. I've been doing a live program since February of 2022, five days a week, straight through the bear market, was here during the Luna collapse, was here during the FTX collapse, was here during the Trump election. I've been through it all. And I'm excited about the future because I think I have more certainty in my optimism for the crypto market than quite frankly I've ever had before in the crypto space. And the big thing that I think is gonna get everybody to feel the same way that I do will be if the Clarity Act gets signed by President Trump in the summer of 2026 and we start to see these institutions pile into the crypto space. But if you enjoyed today's content, smash that like button, leave some of your thoughts underneath the video. We did pass 725 likes for the program. Just want to give a massive thank you as we did reach our goal, surpassing 700 likes on today's show. So we love you guys. We appreciate you all. If you had fun, smash that like button, subscribe to the channel, and we'll see you all in the next. So if you're looking to implement the same strategies that we do here on Good Evening Crypto, I would encourage all of our listeners to click on the Merlin link below and sign up for iTrust Capital as well. Now, why are our listeners going to do this? By leveraging the Merlin application, you can create a profit plan for yourself so you know exactly where you're gonna be exiting this market. But leveraging iTrust through a Roth IRA product, you can take advantage of tax-free crypto gains during this crypto bull market. So I would encourage everybody, click on the link down below, sign up for iTrust today, and take advantage of our $100 free sign up bonus. I almost forgot, guys. Touch some grass, hug some family. Hopefully, you had an amazing fourth of July weekend. And I want to make sure everybody goes out and makes the best of today as well. So we love you guys. We appreciate you all, and we'll see you in the next.