Weekly Market Report. January 24, 2025

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January 24, 2025

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.

Let’s explore together! 🌐🚀

🔥 Top Reads

Trump’s first week in office: Will crypto regulation take a back seat?

Inside the Elon Musk, Vivek Ramaswamy DOGE Divorce 😲

WASHINGTON—The Department of Government Efficiency was originally envisioned as a joint Elon Musk–Vivek Ramaswamy mission outside the federal government. Now it is all Elon—and he is inside.

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Members of Congress and Crypto Czar split on whether Trump’s memecoin poses a conflict of interest 🤔

David Sacks, the first-ever AI and Crypto Czar for the White House, claimed that Trump’s memecoin acts as a collectible, much like a baseball card or stamp.

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Bitcoiners ‘struggling’ with Trump’s vague ‘digital asset stockpile’ order 🧐

Bitcoin advocates have aired disappointment at the language of US President Donald Trump’s crypto executive order to study making a “digital asset stockpile” — which didn’t once mention the leading cryptocurrency.

📈 Market Data

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🚨 Important News This Week

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AI

  • Trump swings axe on Biden’s sweeping AI executive order
  • How oracle plays cheaply in AI
  • OpenAI’s ‘Operator’ agent can buy groceries, file expense reports

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Tech

  • Apple, google mobile ecosystems face U.K. probe under new tech rules

  • Biotech venture investors optimistic, but uncertainties persist
  • Can a Computer Learn to Speak Trader?

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Business

  • Qualcomm CEO cristiano amon made $26M in 2024
  • Jump Trading accuses ex-engineer of stealing IP for rival startup
  • Ethereum marketing firm launch ‘perfect timing’ to make bull case to Wall St

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Crypto

  • BNB Chain accelerates Web3 intelligence with its AI-first vision for developers
  • Yuga Labs responds to CryptoPunks rumors, MakersPlace shuts down: Nifty Newsletter
  • MetaMask and Ramp Network partnership lets users cash out directly from L2 networks

🚨 Notable Companies Secure Impressive Investments

  • Oshi has raised $12M in a funding round co-led by Polychain and Superscrypt
  • SOON has raised $22M in NFT sale ahead of Mainnet launch
  • Keplr Wallet has raised $5M in a Seed funding round led by 1confirmation

🇨🇭 Davos and World Economic Forum

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🤣 Meme of the Week

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🫰Love What You Read?

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If you have any questions, please contact me directly in my email.

Sincerely,

Constantin Kogan

[email protected]