*TRUMP SIGNS ORDER TO CREATE CRYPTOCURRENCY WORKING GROUP: RTRS

*TRUMP ORDER ON CRYPTO TO DEVELOP NATIONAL DIGITAL ASSET STOCKPILE: FOX

*TRUMP SAYS WOULD CONSIDER TALKING TO POWELL ON INTEREST RATES: RTRS

Details of Executive Crypto Order: FOX News (Eleanor Terrett)

Important lines from The Crypto Order: WH

*The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.

*Within 180 days of the date of this order, the Working Group shall submit a report to the President, through the APEP, which shall recommend regulatory and legislative proposals that advance the policies established in the order.

Vitalik Buterin: Politician coins are such a perfect bribery vehicle. If a politician issues a coin, you do not even need to send *them* any coins to give them money. Instead, you just buy and hold the coin, and this increases the value of their holdings passively — This is all risky to democracy.

*TRUMP: I WOULD LIKE TO SEE INTEREST RATES COME DOWN ‘A LOT’

*BOJ RAISE RATES TO HIGHEST LEVEL SINCE 2008

*BOJ HIKES OVERNIGHT CALL RATE BY 25BPS TO 0.5%; EST. 0.50%

*BOJ DECIDES ON RATES WITH 8-1 MAJORITY VOTE

*BOJ: TO KEEP RAISING INTEREST RATE IF OUTLOOK IS REALIZED

*BOJ: EASY FINANCIAL CONDITIONS WILL BE MAINTAINED

ICYMI: ^THEIR ARE NO SOL ETF DEADLINES

*SEC didn't acknowledge filings so they basically denied them outright.

*There is no active SOL ETF 19b-4 filing.

ISHARES BITCOIN ETF FILES FOR IN-KIND REDEMPTIONS: FILING

GRAYSCALE FILED 19B-4 FORM FOR SOLANA SPOT ETF WITH NYSE

MUSK EXPLORING BLOCKCHAIN USE IN US GOVERNMENT EFFICIENCY PUSH: BBG

*People affiliated with DOGE have met with representatives of various public blockchains to evaluate their technology

There’s been talk of using a blockchain to track federal spending, secure data, make payments and even manage buildings, the people said: Bloomberg

*BTC DOWN 7%
*GOLD DOWN 1%

*PRE-MARKET MOVES:
META DOWN 4.5%
TESLA DOWN 3.5%
NVIDIA DOWN 8%
GOOGLE DOWN 3.2%
AMAZON DOWN 3.5%
MICROSOFT DOWN 3.5%
BROADCOM DOWN 8%

Likely Reasons:
*China's AI Fear, China developing AI despite huge sanctions by US on GPUs
*China's deepseek has surpassed ChatGPT in App store rankings, Meta in panic mode, fear deepseek is better than upcoming Llama 4..
*BOJ raised interest rates to 17 years high
*First FOMC meeting under Trump & Major Tech Earnings coming this week....

^Markets getting deep-seeked by quant hedge fund's AI

U.S. STOCK INDEX FUTURES EXTEND LOSSES; S&P 500 E-MINI FUTURES DOWN 2.3%, NASDAQ FUTURES SLIDE 4%, DOW FUTURES FALL 1%

DeepSeek founder when asked about GPT5 has still not been released:

“OpenAI is not a god, they won’t necessarily always be at the forefront.”

DeepSeek founder:

“Right now I don’t see any new approaches, but big firms do not have a clear upper hand. Big firms have existing customers, but their cash-flow businesses are also their burden, and this makes them vulnerable to disruption at any time.

How Wall Street analysts are reacting to DeepSeek: @infinityhedge

*Jefferies: DeepSeek’s power implications for AI training punctures some of the capex euphoria which followed major commitments from Stargate and Meta last week. If smaller models can work well, it is potentially positive for smartphone.

*Bernstein: 1) DeepSeek DID NOT “build OpenAI for $5M”; 2) the models look fantastic but we don’t think they are miracles; and 3) the resulting Twitterverse panic over the weekend seems overblown.

*Citi: While DeepSeek’s achievement could be groundbreaking, we question the notion that its feats were done without the use of advanced GPUs to fine tune it and/or build the underlying LLMs the final model is based on through the Distillation technique

*J.P.Morgan: It’s unclear to what extent DeepSeek is leveraging High-Flyer’s ~50k hopper GPUs (similar in size to the cluster on which OpenAI is believed to be training GPT-5), but what seems likely is that they’re dramatically reducing costs (inference costs for their V2 model)

*Goldman Sachs: With the latest developments, we also see 1) potential competition between capital-rich internet giants vs. start-ups, 2) from training to more inferencing, 3) the potential for further global expansion for Chinese players, given their performance and cost/price competitiveness.

*MICROSTRATEGY BOUGHT 10.1K BTC FOR $1.1B AT AVG PRICE OF $105,596

*Total Holdings: 471,107 BTC
*Average Price: $64,511/BTC

The Week Ahead | @infinityhedge | Major Earnings

WEEKLY US SPOT ETF FLOWS:
*BTC: +$1.76B
*ETH: +$140M

US BTC SPOT ETF Options:
*Total OI Call/Put Ratio(Nominal): 2.13
*Total OI Call/Put Ratio(Delta): 5.77

Macro:
*Chinese New Year on 28
*Fed Interest Rate Decision on 29, All eyes will instead be on Powell's subsequent press conference for clues as to what comes next. Market will get relief if Powell underscores his typical data-dependent approach and leaves the market’s now modest rate-cut expectations intact.
*BOJ Deputy Governor Ryozo Himino speaks on 30
*US GDP (QoQ) (Q4) on 30
*US Core PCE on 31

Earnings:
*Profits for the MAG7 are projected to increase by 22% in the Q4 from a year earlier, the smallest jump since the Q1 of 2023. While that’s still well above the 8% increase anticipated for the S&P 500 Index, it’s down from the 51% increase seen in the Q1 and shrinking for a 4th straight Q.
*Options on most of the biggest companies reporting this week imply smaller than usual share moves. The average implied moves are the lowest going into earnings since the 4Q23 earnings season: JPMorgan
*Microsoft, Meta, Tesla Earnings on 29
*Apple, Intel Earnings on 30

Crypto:
*Uniswap v4 launch this week expected
*Abstract Chain mainnet on 27
*Major Token Unlocks: $SUI: $230M on Feb1

Post will be refreshed w/ new info and Graphics/Articles are in the group⬎

DEEPSEEK DOWN

*S&P 500 OPENS DOWN 2.1%, NASDAQ DECLINES 3.5%

*NVIDIA SHARES SINK 13% IN BIGGEST DROP SINCE 2020

*DEEPSEEK AI BUZZ WIPES OUT $1TRILLION FROM US TECH STOCKS