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Nation State Bitcoin & Uniswap Buybacks

Central banks are entering the Bitcoin market, beginning with the Czech National Bank’s first-ever purchase of BTC. Uniswap activates its long-awaited fee switch, sparking a wave of DeFi buyback and burn proposals across the sector. At the same time, China accuses the United States of stealing 127,000 Bitcoin, Curve introduces a new leveraged yield protocol called Yield Basis, and Aave brings DeFi yield directly to the App Store. The team also tracks Solana’s latest issuance debate as Bitcoin reaches 95 percent of its total supply, signaling a broader transition from user-driven crypto to institutional adoption. Timestamps 0:00 Intro 1:44 Czech Central Bank & Bitcoin 13:26 Uniswap Fee Switch 24:40 China Accuses US 32:23 Yield Basis Protocol 39:13 The Week Ahead This video was recorded on Monday, November 17, 2025. Keep in touch: ▸ Follow us on Twitter: https://x.com/galaxyhq & https://x.com/glxyresearch ▸ Read our research at https://www.galaxy.com/research ▸ Subscribe to receive Galaxy Research's weekly newsletter: https://www.galaxy.com/subscribe-to-r... This video, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at https://www.galaxy.com/galaxy-digital...