💰 National digital asset stockpile

Today’s newsletter is brought to you in partnership with Pizza Pets!

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Top Stories

BTC $105,314 (+3.9%) | ETH $3,395 (+6.1%) | SOL $265 (+9.1%)

• Trump establishes the President’s Working Group on Digital Asset Markets which is tasked to propose regulatory framework for digital assets and evaluate the potential creation of a “national digital asset stockpile”

• Trump signs an executive order which bans the creation of CBDCs

• Barstool Sport’s Dave Portnoy debates launching a memecoin

• SAB121 is rescinded allowing banks to custody crypto assets

• Trump’s “Crypto Czar” categorizes memecoins and NFTs as collectibles

• Ross Ulbricht releases a video thanking Donald Trump and laying out his plans for the future

• Cynthia Lummis is named chair of the Senate Banking Subcommittee of Digital Assets

• Trump tells the World Economic Forum that the United States will be the world capital of AI and Crypto

• Trump demands lower interest rates

• Vitalik releases blog post on scaling Ethereum via L2s

• Trump’s WLFI purchases $15M worth of ETH and $2.7M of TRX

• Binance lists VINE and PIPPIN for perps trading

• Blast releases their mobile app which offers over 50% APY on USD — Airdrops next round of BLAST to users

• Circle mints $250M on Solana bringing the total minted in the last week to $3.5B

Top Movers