Bitcoin slips below $74,000 as another $201 million reportedly leaves U.S. spot Bitcoin ETFs, Ethereum continues falling, and Bitcoin miner MARA sells approximately 13,597 BTC to repay hundreds of millions in debt.
Matt Diemer examines the controversy surrounding Nvidia CEO Jensen Huang and allegations of a Chinese intelligence operation. But beyond the personal scandal lies a bigger question: Should the U.S. government control which countries American companies can sell their most advanced AI technology to?
We also discuss reports of Anthropic preparing for a potential trillion-dollar IPO, Elizabeth Warren's growing influence over cryptocurrency regulation, and why having 241 supposedly pro-crypto members of Congress might mean very little when party leadership starts demanding votes.
Plus, the Ethereum Foundation and Vitalik Buterin face reported litigation, Polygon considers reversing transactions to recover $70 million in stolen tokens, and Coinbase, Kalshi, and Kraken's parent company enter the fight over derivatives regulation.
Finally, Matt examines whether cryptocurrency PACs will shift their political spending toward Democrats as Washington's balance of power changes.
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