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Daily Brief

Trump’s 9 Crypto Moves

gm Bankless Nation, Let's break down some of Trump's biggest pro-crypto actions this week.
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Jan 24, 20253 min read
Trump’s 9 Crypto Moves
Published on Jan 24, 2025
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NEED TO KNOW
Digital Euro Incoming?
  1. ⚖️ EU Charging Towards Digital Euro. Pushing back against Trump's stance against CBDCs, a European Central Bank leader pushed colleagues toward one, Reuters reports.
  2. 💰 Silk Road Founder May Have $47M in BTC Holdings. Newly released Ross Ulbricht may be rejoining society with major BTC wealth if he still holds access to hundreds of bitcoin.
  3. 🎨 Azuki's ANIME Launch Success. Azuki's Animecoin token surpassed a $620M FDV at launch, one day after launch.
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Daily Market Snapshot: What's a presidential memecoin worth? The market continues to go through price discovery, with TRUMP falling 11% Friday and resting at just above $30. Ethereum founder Vitalik Buterin had some harsh words for political memecoins, calling them a "perfect bribery vehicle."
Prices as of 5pm ET 24hr 7d
Crypto $3.67T ↗ 1.5% ↗ 0.3%
BTC $105,059 ↗ 0.7% ↗ 0.4%
ETH $3,332 ↗ 0.7% ↘ 4.3%
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ANALYSIS
9 Crypto Actions from Trump’s Big First Week
Bankless Authors: Kazu Umemoto

Even though Donald Trump was only sworn into office this past Monday, it has already been a pretty interesting week, to say the least. What kicked off everything was the launch of the TRUMP and MELANIA memecoins, a move which triggered plenty of mixed reactions from the crypto community (including from Vitalik himself). 

After the inauguration, however, Trump got to work, signing executive orders pertaining to the crypto space and pardoning some notable names.

Here’s a rundown of some top events that occurred over the past week! 👇


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EARLY ACCESS
Reid Hoffman & 'Super Agency'

Billionaire tech founder Reid Hoffman believes AI will amplify human potential in a very particular way.

In this episode of Bankless, Reid Hoffman, co-founder of LinkedIn and author of Super Agency, explores how AI is set to transform humanity and amplify individual potential. We dive into Hoffman’s vision of “super agency,” We examine AI's potential to democratize technology and reshape society, along with an analysis of four distinct perspectives on its impact: pessimistic, cautious, ambitious, and balanced. Hoffman shares lessons from past tech revolutions, the risks of AI misuse, and how innovation can unlock a more optimistic future.

Listen along below 👇

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.