Syz the moment

One week ago, the NY Post reported that President Trump is considering "prioritizing digital coins founded in the US.” This would include coins like Solana, USDC, and Ripple. Source: The Kobeissi Letter

11 states, including Florida, Wyoming, and Massachusetts, have introduced bills to secure Bitcoin as part of their state reserves. Source: TFTC @TFTC21

At 6:00 PM ET, President Trump says "I don't know very much about it" regarding his memecoin, $TRUMP. 3 minutes later, at 6:03 PM ET, $TRUMP fell over -33% and a wallet purchased $5.09 MILLION worth of it at the EXACT bottom. This is one of the biggest single purchases since the coin launched. 14 minutes later and this trader is now up $2.4 MILLION on this purchase. Did someone know? Source: The Kobeissi Letter

Cryptos are moving up Source: Documenting Bitcoin

The list doubled since Gensler left the building on Friday. Won't be surprised if it hits 50 within a week or two. Source: Eric Balchunas @EricBalchunas

— Bloomberg

Source: Reuters

Here's an extract from Brave New Coin: 👇 "In a move that blends politics and technology, Washington D.C. will host the inaugural “Crypto Ball” on January 17, 2025, in honor of the inauguration of Donald J. Trump as the first "crypto president." The event, poised to be one of the most exclusive celebrations in political history, is set to take place at the historic Andrew W. Mellon Auditorium, a venue befitting the occasion's grandeur and significance. The Crypto Ball is being spearheaded by David Sacks, Trump’s newly appointed AI & Crypto Czar. Known for his deep ties to Silicon Valley and the venture capital world, Sacks’ involvement underscores the administration’s commitment to embracing blockchain technology and digital innovation. This gala event serves not only as a celebration of Trump’s return to the presidency but also as a declaration of intent for a pro-crypto agenda in the United States. Tickets to the event are as exclusive as the concept itself. General admission starts at $2,500, but the true allure lies in the VIP and private packages. For $100,000, VIP guests gain access to exclusive networking opportunities with leading figures in the crypto space. Meanwhile, a $1 million private dinner package with Trump himself offers unparalleled access to the president—a rare opportunity for those deeply invested in shaping the future of the blockchain industry. The event is being sponsored by some of the biggest names in the crypto world, including Coinbase, MicroStrategy, and Galaxy Digital. Their sponsorship not only highlights their support for a crypto-friendly administration but also signals a broader alignment between the private sector and public policy under Trump’s leadership. MicroStrategy’s Michael Saylor, a long-time advocate for Bitcoin, and Coinbase CEO Brian Armstrong are expected to attend, cementing the event’s stature as a convergence point for the world’s crypto elite. As part of the evening’s program, attendees can expect keynote speeches from Trump and Sacks, celebrating the administration’s vision for integrating blockchain technology into national policy. News reporting suggests that President Trump will sign pro-crypto executive orders on day one of his administration, Rumors also hint at the unveiling of a government-backed digital currency initiative, potentially revolutionizing the global financial landscape. Musical performances and an array of high-tech showcases will punctuate the evening, blending entertainment with cutting-edge demonstrations of blockchain applications". Source: Brave New Coin