2026-01-31 07:52:58

YOU SHOULD KNOW:

• Fed chair nomination shakes risk assets: President Trump nominates crypto-friendly former Fed Governor Kevin Warsh to replace Jerome Powell. Speculation around a potentially tighter monetary policy under Warsh is contributing to the dollar's strength and pressure on crypto and other risk assets.

• Ethereum under pressure: ETH has slipped below $2,800 support (trading around $2,685–$2,700), with charts signaling possible further downside of up to 22% toward $2,100. On a positive note, Ethereum OGs are reviving The DAO's leftover funds into a permanent $220 million security budget for the ecosystem.

• Ripple/XRP developments: XRP-linked firm Ripple rolls out a new treasury platform following a major $1 billion deal with GTreasury. XRP itself is down around 5%, testing supports near $1.70–$1.80.

• Regulatory progress in the US: A crypto market structure bill advances in the Senate Agriculture Committee (despite partisan obstacles and delays in full hearings). The SEC and CFTC are collaborating on "Project Crypto" to modernize rules and harmonize oversight.

ETH-10,94%

XRP-9,97%

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