Episode Details
| Title | Weekly Roundup 01/24/25 (Trump EO, the Stockpile, Ross Free, SAB121 Gone!) (EP.591) |
|---|---|
| Date | 1/24/2025 |
| Podcast | On The Brink with Castle Island ↗ |
Key Insights
Bullish:
- 🟢 $CRYPTOBANKS - Banks are expected to rapidly enter the crypto custody market, particularly for Bitcoin ETFs, following the repeal of SAB 121. Bank of New York Mellon is highlighted as being well-prepared with Fireblocks technology.
- “You're going to see all of these banks push into market and you're gonna find out who's ready. Like Bank of New York Mellon is it's the worst kept secret in the world. They're ready. They run on Fireblocks. They're gonna be in market here, custodying Bitcoin ETFs real fast.” - Matt (21:05)
- 🟢 $BTC - 🔒
- 🟢 $STABLES - 🔒
- 🟢 $SOL - 🔒
- 🟢 $XRP - 🔒
Bearish:
- 🔻 $CBDC - 🔒