News

Seth R. Freeman from GlassRatner Advisory highlights that the nomination of Warsh as Fed Chair aims to restore market confidence following tensions between U.S. President Donald Trump and Powell. According to NS3.AI, Warsh's hawkish stance is expected to strengthen the dollar, negatively impacting precious metals like gold and silver. Traders heavily invested in unhedged long positions in precious metals may face significant losses in the near term.

Seth R. Freeman, Senior Managing Director at GlassRatner Advisory & Capital Group, highlighted that one of the primary tasks for the newly nominated Federal Reserve Chair, Waller, will be to restore global market confidence. According to Odaily, this is particularly significant given the recent tensions between U.S. President Donald Trump and Jerome Powell over the past few months.

Freeman expressed that Waller is the best choice for the position, having served in government for a long time. The positive aspect of this nomination is the anticipated reduction in uncertainty and market disruptions caused by Trump's persistent pressure on the Federal Reserve Chair, which is beneficial for everyone.

Additionally, Freeman noted the sharp decline in gold and an even steeper drop in silver, indicating a stronger dollar and a different market environment, especially for silver. Given this nomination, it should not be surprising if metal prices do not rebound significantly. With Waller's hawkish stance, traders heavily invested in precious metals might face losses, particularly those with unhedged or short positions. Some traders could find themselves in a difficult situation next Monday, especially those not maintaining a neutral stance or shorting precious metals.

Step Finance has reported a security breach affecting several of its treasury and fee wallets. According to Odaily, blockchain data reveals that during the attack, approximately 261,854 SOL tokens were unstaked and transferred. Step Finance has stated that they are currently investigating the incident and will provide further information in due course.

The New York Stock Exchange (NYSE) and Nasdaq are set to implement round-the-clock trading for tokenized stocks, aiming to tackle the issue of limited liquidity during weekends. According to NS3.AI, this strategic move is seen as a major advancement for the market. Ondo Finance President Ian de Bode highlighted the potential benefits of this initiative, which could increase market accessibility and enhance trading conditions for tokenized assets.

Nvidia CEO Jensen Huang has announced plans to participate in the current investment round for OpenAI. According to PANews, Huang expressed a strong commitment to investing a substantial amount of funds into OpenAI. This move underscores Nvidia's strategic interest in advancing artificial intelligence technologies.

A disagreement has surfaced between cryptocurrency exchange executives and traders concerning the reasons behind the flash crash and mass liquidations on October 10. According to NS3.AI, the exchange's leader attributes the crash to Ethena’s USDe leveraged yield loop. In contrast, traders believe that thin liquidity or flawed market mechanisms were the primary causes. This debate underscores persistent worries about leverage and vulnerabilities in the market structure of crypto trading.

A former XRP enthusiast has issued a warning about a potential decline in XRP prices, pointing to a technical pattern reminiscent of Cardano's pre-crash consolidation. According to NS3.AI, despite the current bearish indicators and consolidation near its 2018 highs, some institutions, including Standard Chartered, maintain a positive outlook. They predict XRP could reach $8 by 2026, driven by ETF inflows and decreased exchange liquidity.

Analysts are split on XRP's future, with price predictions ranging from below $1.50 in a bearish scenario to as high as $8 in a bullish one. This highlights the market's reliance on demand dynamics and forthcoming catalysts.

Gold and silver prices experienced a significant decline following reports that Kevin Warsh is likely to be nominated as the new Federal Reserve Chair. According to NS3.AI, Warsh's hawkish reputation indicates a reduced risk of a weaker US dollar, contributing to the sell-off. Analysts also point to month-end profit-taking and banking hedging operations as factors in the price drop. The decrease in base metals such as copper, which lacks retail investor involvement, indicates that the movement extends beyond just retail investor reactions.

Nikita Bier, Product Lead at X and Solana advisor, revealed that the platform's recent increase in creator revenue shares is attributed to a crackdown on matrix and bot accounts. According to NS3.AI, the targeted accounts included those with AI-generated profile pictures, traffic redirection links, and non-compliant interactive content. This initiative has led to a more equitable distribution of revenue among legitimate creators on X.

A wallet suspected to belong to Multicoin Capital recently purchased 1.355 million HYPE tokens. According to Odaily, the acquisition is valued at approximately $40.8 million. The transaction was monitored by MLM, highlighting significant activity in the cryptocurrency market.

The countdown for verifiable finance has commenced on the Nexus platform, according to Foresight News. Nexus announced this development via a tweet, which included a video featuring the date 'March 17.'

On January 31, NEO founder Da Hongfei announced that he and co-founder Erik Zhang have agreed to cease their ongoing dispute, which has been detrimental to both NEO and its community. According to BlockBeats, the founders are currently focused on preparing a financial report, aiming to release a comprehensive preview by February 15. This preview will offer detailed information for financial verification, budget planning, and governance reform, with regular updates expected before the final version is published.

Previously, the two NEO founders had a falling out, with Da Hongfei accused of failing to fulfill financial disclosure commitments and Erik Zhang alleged to have monopolized the foundation's financial authority.

Indonesia's Financial Services Authority has announced new appointments within its regulatory framework. According to Jin10, Frederica Widyasari Dewi has been named the interim head of the capital market, while Hasan Fawzi will serve as the executive head. These appointments are part of ongoing efforts to strengthen the country's financial regulatory system and ensure effective oversight of its capital markets.

AI agents are increasingly using relay protocols to network and communicate, leading to potential security risks. According to NS3.AI, these connections create viral pathways that can spread unsafe configurations and facilitate attacks. Thousands of exposed control panels and leaked credentials have made these systems appealing targets, with some agents even offering Bitcoin bounties for discovering exploits. The industry is facing three potential scenarios in the next 90 days: enhanced security measures, increased exploitation, or stricter platform regulations on agent distribution.

A substantial transfer of INX tokens has been reported. According to ChainCatcher, data from Arkham indicates that at 18:56, 150 million INX tokens were moved from an anonymous address, beginning with 0xa7cc, to Jump Crypto.

India's National Stock Exchange (NSE) is preparing to launch its initial public offering (IPO) within the next seven to eight months, according to CNBC-TV18. According to Jin10, the exchange has received approval from market regulators and is currently drafting its red herring prospectus. Ashish Kumar Chauhan, the CEO of NSE, stated that the document preparation is expected to take around four months, followed by an additional two to three months to obtain regulatory approval and officially launch the IPO.

The Securities and Exchange Board of India (SEBI) approved the plan this week, nearly a decade after the exchange first submitted its IPO application in 2016. The plan was previously delayed due to concerns raised by regulators over corporate governance issues and alleged unfair market access. To address related lawsuits, NSE has submitted two settlement applications totaling 12.97 billion rupees (approximately $141 million).

Ethereum's price fluctuations are poised to impact liquidation levels significantly. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,777, the cumulative liquidation intensity of short positions on major centralized exchanges will reach $1.224 billion. Conversely, if Ethereum falls below $2,516, the cumulative liquidation intensity of long positions will amount to $497 million.

A U.S. court has sentenced Jingliang Su to 46 months in prison for his involvement in laundering $36.9 million through a cryptocurrency investment scam. According to NS3.AI, the fraudulent scheme targeted 174 victims across the United States. Su played a key role in converting the illicit funds into USDT using fake trading platforms.

BRICS countries, with India at the forefront, are working on central bank digital currency (CBDC)-based payment settlement systems to lessen their dependence on dollar-dominated infrastructures such as SWIFT. According to NS3.AI, the Reserve Bank of India is advocating for the inclusion of cross-border CBDC corridors in the agenda for the 2026 BRICS summit to enhance efficiency and resilience. This blockchain-based framework focuses on maintaining sovereign control, avoiding a common currency, incorporating capital controls, and creating interoperable yet secure payment networks.

Plan C posted on X. The Bitcoin community is engaging in discussions about the factors most correlated with Bitcoin cycles. This topic has sparked interest among enthusiasts and analysts who are keen to understand the underlying patterns and influences on Bitcoin's market behavior. The exploration of these cycles is crucial for investors and traders aiming to make informed decisions based on historical trends and potential future movements. Understanding these correlations can provide valuable insights into the cryptocurrency's performance and help in predicting its trajectory in the volatile market.