Episode 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.
------
💸 CRYPTO TAX CALCULATOR | CODE: BANKLESS15
https://bankless.cc/CryptoTaxCalculator
------
BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax
🦄UNISWAP | BUG BOUNTY PROGRAM
https://bankless.cc/Uniswap-Bug-Bounty
⚖️ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🌐CELO | BUILD TOGETHER AND PROSPER
https://bankless.cc/Celo
🎮RONIN | THE FUTURE OF WEB3 GAMING
https://bankless.cc/Ronin
-----
✨ Mint the episode on Zora ✨
https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/26?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
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/status/1882565582870270241?s=46
00:37:02 New Treasury Secretary
https://x.com/USTreasury/status/1884377788263633262
00:38:48 Gary Returns To MIT
https://mitsloan.mit.edu/press/former-sec-chair-gary-gensler-named-professor-practice-mit-sloan-school-management
00:44:01 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
00:49:08 Abstract Chain Mainnet Launch
https://x.com/AbstractChain/status/1883939915169423777
https://x.com/pudgypenguins/status/1884708668366545143
00:50:33 Symbiotic
https://x.com/symbioticfi/status/1884266642416492713
00:52:48 TRUMP Token, Good And Bad
https://x.com/hosseeb/status/1883466906080088478?s=46
https://x.com/Jesseeckel/status/1884615422521020626
00:58:02 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
01:03:45 Haseeb’s Podcast And Parting Advice
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures