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Trump to hold final interviews for next Fed chair this week, FT reports
Who’s being interviewed — and who’s leading According to reporting by the Financial Times and follow-ups from Reuters and the Wall Street Journal, the shortlist includes National Economic Council director Kevin Hassett (widely viewed as the front-runner), former Fed governor Kevin Warsh, current Fed governors Christopher Waller and Michelle Bowman, and BlackRock’s fixed-income chief Rick Rieder. Trump is expected to meet at least one finalist this week alongside Treasury Secretary Scott Bessent. Hassett — who has been publicly praised by Trump and whose odds have risen in prediction markets — remains the leading candidate, though the White House has continued interviews to complete its vetting. What the president is looking for Trump has said he will make support for immediate interest-rate cuts a key test for his nominee, signalling he wants a Fed chief who will move more quickly to loosen policy than recent Fed leaders have. That stance was reiterated in comments this week and reported interviews. Markets and policy analysts have flagged that a chair chosen primarily for a pro-cut stance could increase political pressure on the Fed’s independence.
Timing and process Jerome Powell’s term as Fed chair expires in May 2026; the president’s nominee must be confirmed by the Senate, a process that can extend for weeks to months. Administration officials and bank analysts say a formal announcement could come in the new year after final interviews are completed. Markets and policy implications The selection of a Fed chair matters for financial markets because the Fed sets the federal funds rate and shapes expectations about inflation and growth. Some market participants have expressed concern that a nominee closely aligned with the White House on rapid rate cuts — or someone seen as politically proximate to the president — could weaken perceived central-bank independence and unsettle Treasury markets. Others argue a chair who prioritizes lower rates could support growth and risk assets. Background and context The Treasury secretary, Scott Bessent, has reportedly narrowed a longer candidate list to a handful of names for the president’s consideration.Even if replaced as chair, Powell could remain on the Fed’s Board of Governors until his board term ends in 2028 unless he resigns earlier; the transition raises questions about continuity and how quickly policy direction could change. What to watch next Which finalists are granted interviews this week and whether the White House signals a preferred choice publicly.Any White House statements clarifying the “litmus test” language and how candidates respond during interviews.Market moves in U.S. Treasury yields and risk assets as investors price in the perceived stance of likely nominees.$BNB
[PRESS RELEASE – Singapore, Singapore, January 30th, 2026] Paradex today announced the official conclusion of XP Season 2, marking a major milestone in the platform’s roadmap toward the upcoming $DIME Token Generation Event (TGE). As part of its continued commitment to trader-first incentive alignment, Paradex confirmed that 25% of $DIME’s fully diluted supply will be […] #Tethereum $T99 $BTC
We received our confidential S-4 comments back from the SEC on Dec. 4, and anticipate a quick turnaround on our responses, followed by the shareholder vote and go-live of The Ether Machine, Inc. in Q1 2026.
⚙️ As of end of November, #ETHM's treasury totals. approx. $369M in pro-forma cash plus 498,600 pro-forma ETH (~$1.4B). All ETH is deployed onchain and generating yield. Over the past month, our validator operations ranked in the top 2% of the Ethereum network, producing a 2.75% annualized yield, outperforming the network average. This operational performance supports our strategy to compound Ether-Per-Share over time.
⚙️ Our assets will be managed across onchain staking, restaking, and selective participation in decentralized finance, which we will combine with financial instruments we can issue as a public vehicle. From day one, we expect to be an operating business with real activity and real yield; not a static balance-sheet vehicle.
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With the market reacting to big global news, Bitcoin holding its ground, and many altcoins quietly building in the background, crypto feels calmer and more grown-up these days. We’re seeing new product launches, faster Layer-2 networks, and more institutions stepping in. Even with daily ups and downs, the space keeps moving forward and improving beyond the noise.
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WHY BTC, ETH, CRYPTO, STOCKS, AND FOREX ARE MOVING LOWER TOGETHER!!!The Current Sell-Off Across Bitcoin, Ethereum, The Broader Crypto Market, Global Stocks, And Forex Is Not Random, Nor Is It Isolated To One Asset Class. This Is A Macro-Driven Risk-Off Event Where Liquidity, Policy Expectations, And Positioning Are Resetting At The Same Time.Below Is A Clear, Professional Explanation Of What Is Actually Driving This Market-Wide Dump.1) GLOBAL LIQUIDITY IS TIGHTENINGAt The Core Of Every Major Market Move Is Liquidity. Over The Past Weeks, Financial Conditions Have Quietly Tightened:• Central Banks Are Not Cutting Rates As Fast As Markets Expected • Balance Sheet Reduction (QT) Is Still Ongoing • Dollar Liquidity Has Become More Expensive When Liquidity Tightens, Risk Assets Suffer First. Crypto Is At The Front Of That Line, Followed By High-Beta Stocks And Emerging Market Currencies.This Is Why You Are Seeing Simultaneous Weakness In:→ Bitcoin And Ethereum → Nasdaq And S&P 500 → High-Risk FX Pairs 2) LEVERAGE UNWIND ACROSS MARKETSThis Move Was Accelerated By Excessive Leverage:• Crypto Funding Rates Were Elevated • Retail And Short-Term Traders Were Heavily Positioned Long • Gold And Silver Were Also Extremely Leveraged Once Price Started Falling, Forced Liquidations Kicked In:→ Longs Were Closed Automatically → Sell Pressure Increased → Price Fell Faster Than Fundamentals Alone Would Suggest This Is Why Moves Look Sudden And Aggressive On Lower Timeframes.3) STRONGER DOLLAR PRESSUREIn Risk-Off Environments, Capital Moves Back Into The U.S. Dollar:• Investors Reduce Exposure To Risk Assets • Dollar Demand Increases • Crypto And Commodities Priced In USD Face Downward Pressure A Stronger Dollar Is Historically Negative For:→ Bitcoin → Ethereum → Gold And Silver → Emerging Market Assets This Correlation Is Playing Out Exactly As Expected.4) STOCK MARKET WEAKNESS IS SPILLING INTO CRYPTOCrypto No Longer Trades In Isolation.Institutional Participation Means Crypto Is Now Part Of The Broader Risk Asset Complex.When Stocks Sell Off:• Hedge Funds Reduce Overall Exposure • Risk Models Trigger Deleveraging • Crypto Positions Are Trimmed Alongside Equities This Is Why BTC And ETH Often Move With Nasdaq During High-Stress Periods.5) PROFIT TAKING AFTER EXTENDED RALLIESBitcoin, Ethereum, And Several Other Assets Had Already Made Large Moves Earlier.After Strong Rallies:• Smart Money Locks In Profits • Late Buyers Get Trapped • Price Pulls Back To Rebalance Supply And Demand Corrections Are A Normal And Necessary Part Of Any Market Cycle.6) FEAR, SENTIMENT, AND HERD BEHAVIOROnce Price Starts Falling:• Fear Spreads Quickly • Retail Traders Panic • Selling Becomes Emotional Rather Than Analytical This Creates Short-Term Overshooting To The Downside, Which Is Exactly What We Are Seeing Now.IMPORTANT CONTEXTThis Does Not Automatically Mean The End Of Crypto Or A Permanent Bear Market.It Means:→ Liquidity Is Being Repriced → Leverage Is Being Cleared → Markets Are Resetting Expectations These Phases Are Painful, But They Are Also What Build The Foundation For The Next Sustainable Move.FINAL THOUGHTMarkets Are Not Crashing Because Crypto Is Broken.They Are Adjusting Because Global Financial Conditions Have Changed.Those Who Understand Liquidity, Risk Cycles, And Positioning Stay Calm.Those Who React Emotionally Sell At The Worst Possible Time.Patience, Risk Management, And Perspective Matter Most In Phases Like This. $BTC $ETH $XAU