Crypto Innovations and Celebrity Tokens | 18min snip from Bankless

Get the app

ROLLUP: Bitcoin on the US Balance Sheet? | Trump's US Crypto Stockpile | Banks Can Now Custody Crypto | Venice AI's Massive Airdrop

Bankless

chevron_right

notes

CHAPTER

Crypto Innovations and Celebrity Tokens

This chapter explores the launch of Abstract Mainnet and its focus on usability in the Ethereum ecosystem, along with the Pudgy Penguins' collaboration with Pez. It critically examines the impact of newly introduced celebrity meme coins, specifically the Trump token, and contrasts them with community-driven meme coins. The conversation concludes with reflections on the state of the crypto market, emphasizing the importance of a patient and long-term investment strategy amidst political influences.

00:00

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

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

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.

Home Top podcasts Popular guests