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ROLLUP: Bitcoin on the US Balance Sheet? | Trump's US Crypto Stockpile | Banks Can Now Custody Crypto | Venice AI's Massive Airdrop
Description
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.
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------ TIMESTAMPS & RESOURCES 00:00:00 Start
00:02:10 NVDA and Deepseek Selloff https://www.cnbc.com/2025/01/27/nvidia-sheds-almost-600-billion-in-market-cap-biggest-drop-ever.html
00:08:26 Why It Sold Off https://x.com/DavidSacks/status/1883935713877782884
00:10:56 Markets 00:12:28 Why is The Vibe So Off? https://x.com/intocryptoverse/status/1884408180014186958?s=46
00:16:53 Bitwise Files For Doge ETF https://x.com/EricBalchunas/status/1884349554256142735
00:21:01 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
00:24:30 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
00:29:21 Czech And Norway Invest In BTC https://x.com/DavidFBailey/status/1884491705841508708 https://x.com/BitcoinMagazine/status/1884901420677386243
00:33:28 SAB121 Repeal https://x.com/hesterpeirce/status/1882562977985114185?s=46 https://x.com/saylor/sta