If you are using MySQL and try to insert into a table with a timestamp field it will update the first timestamp with the system time.
You should make your second statement only affect the second column.
table: field1 timestamp, field2 timestamp
Insert into table(null, 0000000000);
Update table set field2=NULL;
Something like this should work, or if NULL doesn't read to the current time use the function NOW() which will put in the current time.