😀 And The New Fed Chair Is...

Someone that is pretty friendly to crypto, it seems.

Author

Ivan
January 30, 2026

Happy Friday!

Donald Trump has nominated a new Fed Chair — and the markets are not very happy. How else can we interpret Bitcoin dipping to $83,000 on the news?

Kevin Warsh, the presumptive new Chair, is actually pro-Bitcoin. Read what he has said about king crypto in the past.

Plus, join REX Shares Portfolio Manager Matt Holcomb on February 5 at 11:00 a.m. ET for a webinar on how to harness option strategies to benefit from market volatility. Whether you’re an active trader or a long-term investor, this webinar will provide practical insights into how options strategies work. Don’t miss your chance to learn how to generate income with options.

TOP STORY

President Trump nominated Kevin Warsh as the next Fed Chair this morning, and Bitcoin responded by crashing below $83,000.

The inflation hawk's strong-dollar stance spooked markets, with the dollar spiking and risk assets selling off hard.

Analysts warn BTC has lost critical support at the 2-day 200 EMA — a level that historically flips to resistance once broken.

A drop below $79,000 opens the trapdoor to $70,000.

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QUICK N DIRTY

Bitcoin, Ethereum, XRP are reeling and have lost over 5% in the past 24 hours. here’s what’s moving markets today.

Raoul Pal said Bitcoin’s long-term thesis stays intact, even if the October flash crash caused lasting damage to the market.

Polymarket traders killed it on the Fed Chair race — at least the sharp ones. One of the most prominent traders made $300,000 and has more high-stakes bets waiting.

FINTECH FOCUS

President Trump's presumptive Fed Chair nominee Kevin Warsh has a message for young investors: "Bitcoin is your new gold."

The former Fed governor views BTC not as a threat to monetary stability, but as a valuable policy signal that highlights when the Fed is off-track.

In past interviews, Warsh called blockchain "genuine innovation" and suggested Bitcoin belongs in portfolios hedging dollar weakness — a notably crypto-friendly stance for a potential central bank chief.

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