Bitcoin on the US Balance Sheet?! Trump’s Crypto Stockpile Expla...

Joining us this week is Haseeb Qureshi who is here to help walk us through this week’s Weekly Rollup. We cover the major shift in the U.S. government’s stance on crypto, as Trump signs an executive order that establishes a national digital asset stockpile working group and bans CBDCs. The SEC also revokes SAB121, clearing the way for banks to custody crypto. Meanwhile, Venice AI’s token launch made waves, and Abstract Chain went live with a focus on creators and streamers. In markets, Nvidia’s $600B plunge rattled investors, and the Czech National Bank considers adding Bitcoin to its reserves. Plus, Gary Gensler lands a new job—back at MIT.


TIMESTAMPS & RESOURCES

00:00 Start

01:35 NVDA and Deepseek Selloff
https://www.cnbc.com/2025/01/27/nvidia-sheds-almost-600-billion-in-market-cap-biggest-drop-ever.html

07:51 Why It Sold Off
https://x.com/DavidSacks/status/1883935713877782884

10:21 Markets
11:53 Why is The Vibe So Off?
https://x.com/intocryptoverse/status/1884408180014186958?s=46

16:18 Bitwise Files For Doge ETF
https://x.com/EricBalchunas/status/1884349554256142735

20:26 Powell On Cutting Rates
https://www.cnbc.com/2025/01/29/fed-meeting-live-updates-traders-await-fed-chair-powells-comments.html
https://x.com/WatcherGuru/status/1884699251860553789

21:58 US Strategic Crypto Reserve?
https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/
https://x.com/Geiger_Capital/status/1882534611693211932

26:49 Czech And Norway Invest In BTC
https://x.com/DavidFBailey/status/1884491705841508708
https://x.com/BitcoinMagazine/status/1884901420677386243

30:56 SAB121 Repeal
https://x.com/hesterpeirce/status/1882562977985114185?s=46
https://x.com/saylor/status/1882565582870270241?s=46

34:30 New Treasury Secretary
https://x.com/USTreasury/status/1884377788263633262

36:16 Gary Returns To MIT
https://mitsloan.mit.edu/press/former-sec-chair-gary-gensler-named-professor-practice-mit-sloan-school-management

38:41 Venice AI Token Launch
https://x.com/AskVenice/status/1883925135825990091
https://x.com/ErikVoorhees/status/1883992467151663415
https://x.com/CoinbaseAssets/status/1884041161708356000
https://x.com/TrustlessState/status/1884320943008538781

43:48 Abstract Chain Mainnet Launch
https://x.com/AbstractChain/status/1883939915169423777
https://x.com/pudgypenguins/status/1884708668366545143

45:13 Symbiotic
https://x.com/symbioticfi/status/1884266642416492713

47:28 TRUMP Token, Good And Bad
https://x.com/hosseeb/status/1883466906080088478?s=46
https://x.com/Jesseeckel/status/1884615422521020626

52:41 TRUMP Is A Celeb Coin
https://www.bloomberg.com/news/articles/2025-01-28/trump-s-memecoin-can-now-be-used-to-buy-watches-and-sneakers

58:25 Haseeb’s Podcast And Parting Advice


Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

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