Category: 2-DailyNews

On today’s Top News in 10, we cover:

• Secretary of State Rubio dukes it out with Senator Chris Van Hollen.
• President Trump announces “Golden Dome” missile defense system.
• The Supreme Court delivers back-to-back victories for the Trump administration.

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Storm Rundd, President of Oklahoma Bitcoin Association, discusses the status of state Bitcoin strategic reserve bills, legislative processes, funding sources, and opportunity costs. The conversation also covers vibe coding and AI's impact on future business models.

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Storm Rund, President of the Oklahoma Bitcoin Association, joins us to discuss the state of Bitcoin Strategic Reserve bills across the US. Storm breaks down the complex legislative process, explains why many bills fail despite strong support, and compares treasurer vs. pension fund approaches. He introduces the opportunity cost tracker that shows how much money states have lost by rejecting Bitcoin. The conversation concludes with insights on vibe coding, AI productivity, and how these technologies will reshape business models.

Follow our guests: @Storm_R0

Notes:

- Over half of US states have proposed SBR bills

- Oklahoma SBR bill passed 77-15 then died in committee

- Pension funds typically 4x larger than state funds

- 5% Bitcoin allocation = $500M opportunity cost

- Montana SBR had $50M cap with specific fund source

- AI changing labor market in big tech companies

Timestamps:

00:00 Start

01:31 Current Bitcoin Reserve landscape

03:31 Bill process

07:05 Oklahoma example

11:53 Funding these state SBRs

12:43 Bill design matters

17:55 Bill funding

19:54 Treasury vs Pension funds

27:03 Crafting better bills

33:53 Opportunity cost tool

43:50 Vibe coding

49:07 AI changing business

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The news to know for Wednesday, May 21, 2025!

We’ll tell you what’s included in a big budget bill, how President Trump is working to sell it, and why even some Republicans are holding out support.

Also, we’ll explain President Trump’s plan to build a multi-billion dollar “golden dome.”

Plus, what to know about the government’s new COVID vaccine policy, what vegetable is behind an outbreak making Americans sick, and why some of the NFL’s biggest stars could soon play flag football.

Those stories and even more news to know in about 10 minutes! 

Join us every Mon-Fri for more daily news roundups! 

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Extremely dangerous weather predicted for parts of the mid-South. President Trump announces details of the Golden Dome missile defense system. FDA will no longer routinely approve annual COVID-19 shots for younger adults and children who are healthy. CBS News Correspondent Matt Pieper with tonight's World News Roundup.

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There are more mysteries than answers surrounding the Biden team.

Why did Joe Biden's medical team announce right now—on the eve of the release of “Original Sin”—this shocking story that the president, who just left office 100 days ago, was suffering from a very seriously rare, malignant form of prostate cancer, asks Victor Davis Hanson on today’s edition of “Victor Davis Hanson: In His Own Words:”

“President—he was vice president, he was president, now he's an ex-president. They are accorded the best, most comprehensive diagnostic medical care in the world. Isn't it true that Joe Biden would've known about this? We just had a report—right before he stepped down, in the summer of 2024—an exhaustive medical report, that he was fine. But he is trying to tell us, or sadly, his team is trying to tell us that, just in a matter of nine months, he developed a prostate cancer unknown to all of his doctors. Unknown—that didn't appear on any of his diagnostic tests.”

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P.M. Edition for May 20. Google is adding an AI chatbot feature to its iconic search page, allowing it to more closely rival competitors like ChatGPT. WSJ reporter Katherine Blunt discusses Google’s parent, Alphabet, plans to bet even bigger on artificial intelligence. Plus, despite the fear of an immigration crackdown from the Trump administration, many workers without legal status are still going to work. Paul Kiernan, who covers the U.S. economy for the Journal, joins to talk about why that is, and what it means for industries dependent on migrant labor. And President Trump pressures Republican dissenters in the House to drop their objections to his tax and spending bill which could go on vote as early as tomorrow. Alex Ossola hosts.

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Cantor Fitzgerald Chairman Brandon Lutnick joined Consensus 2025 onstage with a conversation about his new roles and the company's bold ventures in the crypto space. Plus, the journey that led them to Tether and he addresses the rumors about the stablecoin issuer's reserve.

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The latest price moves and insights with SkyBridge Capital founder Anthony Scaramucci.

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SkyBridge Capital founder Anthony Scaramucci joined CoinDesk live at Consensus 2025 with insights into President Donald Trump's second term and the state of the overall crypto and stocks market. Plus, why Trump's tariff policies are not the "right plan for America" or "the integrated global economy."

This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie and Christine lee. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

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Host Christine Lee breaks down the latest news in the crypto industry as JPMorgan CEO Jamie Dimon announced his bank will allow clients to purchase bitcoin.

JPMorgan CEO Jamie Dimon announced his bank will allow clients to purchase bitcoin, marking a significant reversal of his continued skepticism about cryptocurrencies. Plus, the U.S. Senate advances the GENIUS Act for stablecoin regulation and Circle explores a potential sale and IPO. CoinDesk’s Christine Lee hosts “CoinDesk Daily.”

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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.

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