According to a notice from the White House, Warsh has been nominated to serve a four-year term as Chair of the Federal Reserve’s Board of Governors. In addition, the nomination proposes a 14-year term for Warsh as a member of the Fed’s governing board. If confirmed by the Senate, he would replace current Fed Chair Jerome Powell.

Debate Over a Potential New Era at the Fed with Warsh

Jerome Powell’s term as Federal Reserve Chair is scheduled to end on May 15. However, Powell’s position as a member of the Board of Governors extends until January 31, 2028. Although Trump has previously criticized Powell and even suggested removing him, current expectations indicate that Powell will complete his chairmanship term.

Warsh’s nomination has already sparked discussion about the future direction of U.S. monetary policy. Several Democratic lawmakers have expressed concerns about preserving the Federal Reserve’s institutional independence. Senate Democratic leader Chuck Schumer emphasized that Warsh must clearly demonstrate his commitment to maintaining the Fed’s autonomy from political pressure before his nomination moves forward.

Kevin Warsh’s Perspective on Bitcoin

Kevin Warsh previously served as a Federal Reserve governor between 2006 and 2011 during the administrations of Presidents George W. Bush and Barack Obama. After leaving the central bank, he continued his work in economics as a fellow at Stanford University’s Hoover Institution.

Warsh has drawn attention in recent years for his relatively open stance toward Bitcoin. In a 2021 interview with CNBC, he remarked that while gold has historically been the dominant store of value, younger generations increasingly view Bitcoin as a modern alternative. In a later discussion in 2025, he suggested that cryptocurrencies could contribute to market discipline by signaling when economic policies may require adjustment.

He has also indicated that Bitcoin can serve as a useful reference point for policymakers, potentially providing feedback about the effectiveness of monetary and economic decisions.

Senate Approval and Broader Regulatory Context

The timeline for a Senate vote on Warsh’s nomination has not yet been announced, but the process is expected to attract significant political scrutiny.

At the same time, developments within U.S. financial regulatory institutions are drawing attention. The Commodity Futures Trading Commission currently operates with only one confirmed leader, Chair Michael Selig, who took office in December. The agency normally has five commissioners, yet additional nominations have not been submitted.

As lawmakers in Washington continue debating comprehensive legislation on digital asset market structure, the CFTC could eventually gain broader authority over the regulation of crypto markets in the United States.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Trump Nominates Pro-Bitcoin Kevin Warsh for Fed Chair appeared first on Coin Engineer.

When Could the First Fed Cut Arrive?

Survey participants anticipate that the first rate reduction could come in June 2026. This timing is notable, as it would coincide with the expected leadership transition to Kevin Warsh as Fed chair. Market participants appear to be factoring in the possibility that a new chair could adopt a somewhat more flexible monetary stance, though expectations remain anchored to data-dependent decision-making.

Importantly, economists are not projecting a rapid easing cycle. Instead, the outlook suggests a gradual recalibration of policy, contingent on inflation trends and broader macroeconomic conditions.

Bond Markets Are Already Pricing It In

Rate-cut expectations are reflected in short-term Treasury yields. Forecasts for the interest rate–sensitive two-year U.S. Treasury yield suggest a decline from 3.50% to 3.45% by the end of April, followed by a further drop to 3.38% by the end of July. These projections indicate that financial markets are already adjusting to the possibility of moderate easing.

However, the longer end of the curve tells a different story. The median forecast for the 10-year benchmark yield stands at 4.29% over the next year, up from last month’s 4.20% expectation. Analysts attribute this upward bias to persistent inflation pressures and concerns surrounding central bank independence.

Fiscal Policy Complicates the Picture

A significant portion of surveyed bond strategists believe rising Treasury issuance in the coming years could limit the Fed’s ability to meaningfully shrink its $6.6 trillion balance sheet. Expanded borrowing—potentially linked to tax reductions and fiscal spending initiatives—may increase supply in the bond market, influencing long-term yield dynamics.

This evolving interplay between fiscal expansion and monetary normalization suggests that future rate decisions will not be driven solely by inflation and growth data. Instead, public debt dynamics and market stability considerations are likely to play a growing role in shaping the Fed’s policy trajectory.

This content is not investment advice. Financial markets involve significant risk, and investors should conduct their own research before making any decisions.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post How Many Rate Cuts Will the Fed Deliver in 2026? appeared first on Coin Engineer.

Bitcoin Price Action Signals Bear Market Conditions

Over the past several weeks, Bitcoin has broken through multiple key technical levels. Most notably, the price slipped below $80,000 for the first time since April 2025 and quickly extended losses toward the $60,000 region. In just four months, Bitcoin has shed nearly 50% of its value, highlighting the intensity of the selling pressure.

One of the clearest signs of stress came from derivatives markets. Weekend liquidations exceeded $2.7 billion, indicating a large-scale unwind of overleveraged positions. Such liquidation cascades are commonly associated with bear market phases, where excessive risk-taking is rapidly flushed out of the system.

Three Catalysts Accelerating the Sell-Off on Bitcoin

According to market analysts, the downturn was not driven by a single event but rather a combination of macroeconomic and cross-market shocks.

The first factor was growing concern over the future direction of U.S. monetary policy. The possibility of Kevin Warsh being appointed as Federal Reserve Chair fueled expectations of a more hawkish stance, prompting investors to reduce exposure to risk-sensitive assets, including cryptocurrencies.

The second driver came from traditional equity markets, particularly the technology sector. Earnings disappointments among the so-called “Magnificent Seven” weighed heavily on sentiment. A sharp decline of roughly 10% in Microsoft shares served as a catalyst for broader risk aversion, spilling over into digital assets.

The third and most striking development occurred in commodities markets. Silver prices collapsed by approximately 40% in just three days, reinforcing a widespread “sell everything” mindset. This type of cross-asset capitulation tends to amplify downside pressure across all speculative markets, crypto included.

Persistent Selling Pressure From U.S. Markets

Additional data points suggest that selling pressure is not limited to derivatives or offshore venues. Spot market activity in the United States continues to show consistent distribution. Over-the-counter transaction flows indicate that U.S.-based participants have remained net sellers, reinforcing the idea that this move reflects deeper repositioning rather than short-term speculation.

What the Broader Picture Suggests

Taken together, Bitcoin’s rapid drawdown, aggressive leverage unwinding, and macro-driven risk-off environment point to a market undergoing structural stress. While short-term volatility remains elevated, the current phase appears driven by a convergence of monetary policy uncertainty, equity market weakness, and cross-asset liquidation dynamics. How long this pressure persists will depend largely on macro conditions and investor risk appetite in the months ahead.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post 3 Reasons Behind Bitcoin Drop! Wintermute Explained appeared first on Coin Engineer.

Strong Dollar Weighs on Gold Prices

Gold prices reversed direction after briefly touching short-term highs earlier in the session. Spot gold retreated to $4,928 per ounce, marking a 0.7% daily decline. Futures markets reflected a similar trend, with selling pressure intensifying as traders locked in profits following recent sharp price movements.

Market participants point to expectations surrounding Kevin Warsh potentially becoming the next Federal Reserve Chair as a key factor supporting the U.S. dollar. This narrative has added momentum to the greenback, limiting gold’s upside. At the same time, the elevated volatility seen in recent weeks has made investors more cautious, reducing the appetite for aggressive positioning in safe-haven assets.

Silver Sees an Exceptionally Sharp Pullback

While gold experienced a controlled retreat, silver faced a far more dramatic correction. Spot silver fell by more than 10%, sliding to $78.09, marking one of the steepest short-term declines among major commodities. This move followed an extraordinary rally that recently pushed silver to a record high of $121.64.

The abrupt reversal highlights growing concerns that elevated prices are beginning to suppress industrial demand. Analysts note that manufacturers, particularly solar panel producers in China, are increasingly seeking alternative materials as costs surge. This shift has amplified selling pressure and accelerated silver’s downward move.

Platinum and Palladium Join the Decline

The sell-off was not limited to gold and silver. Spot platinum dropped 7.7% to $2,056.64, retreating from the all-time high it reached late last month. Palladium also declined by more than 5%, falling to $1,689.25. These losses reflect a broader reduction in risk exposure across the metals complex.

Liquidity Constraints Deepen Stress Gold, Silver and Others

According to market strategists, thin liquidity conditions are exacerbating price swings, allowing sell-offs to reinforce themselves. The resulting feedback loop is weighing not only on precious metals but also on other asset classes, including cryptocurrencies and regional equity markets. As long as liquidity remains constrained, volatility is likely to persist, keeping investor sentiment fragile across global markets.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Gold and Silver Sales Continue! appeared first on Coin Engineer.

Gold Reclaims Lost Ground

Gold prices staged a swift recovery after sliding to their lowest levels in nearly a month on Monday. Spot gold climbed to $4,767.33 per ounce, posting a daily gain of 2.2%. The rebound comes shortly after gold reached an all-time high of $5,594.82 last Thursday, highlighting the scale of recent volatility in the market.

Silver Remains Highly Volatile

Silver also participated in the rebound, though its price action continues to be notably more volatile than gold. Spot silver rose 2.8% to $81.61 per ounce. Despite this recovery, the metal remains well below its recent record high of $121.64 reached just days earlier. This sharp contrast underscores silver’s sensitivity to both speculative flows and shifts in risk sentiment.

Key Drivers Behind the Market Move

Market analysts suggest that recent declines reflected an overreaction rather than a fundamental shift in demand. January had already delivered strong gains, with gold rising approximately 13% and silver advancing nearly 19%. The latest pullback effectively reset prices to levels last seen in the second half of January.

Political and structural factors also played a role. Markets reacted positively to U.S. President Donald Trump’s nomination of Kevin Warsh as a “relatively reliable” candidate for Federal Reserve leadership. At the same time, the CME Group’s decision to raise margin requirements for precious metal futures had previously added downward pressure, contributing to the earlier sell-off.

Interest Rate Expectations Support the Outlook

Additional uncertainty stems from the U.S. Labor Statistics Bureau’s announcement that January’s employment report will not be released this Friday due to a partial federal government shutdown. Despite this, expectations remain that the Federal Reserve will implement at least two interest rate cuts in 2026. As a non-yielding asset, gold has historically performed well in lower-rate environments.

Elsewhere in the metals market, spot platinum rose 0.6% to $2,134.10 per ounce, while palladium slipped 0.5% to $1,711. Overall, the rebound points to a cautious but selective recovery across the precious metals complex.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post Has the Sell-Off in Gold and Silver Come to an End? appeared first on Coin Engineer.

Dollar Index Hits Nine-Month High in Two Days

According to TradingView, the DXY rose 1.5% in two days to 97.60, marking its strongest two-day gain in nine months. Analysts attribute the surge to expectations that Fed chair nominee Kevin Warsh will take a cautious approach to rate cuts and upcoming macroeconomic data.

ING analysts noted, “The dollar looks healthier. Last week’s sharp decline has been resolved since Warsh’s nomination as Fed Chair.”

Bitcoin Stabilizes but Faces Headwinds

BTC stabilized between $75,000–$80,000 after falling below $75,000 from $85,000 over the weekend. Futures market dynamics could trigger a rebound above $80,000, but the rising DXY limits this potential.

A stronger dollar increases the opportunity cost of holding dollar-denominated assets like Bitcoin and gold. Rising DXY typically signals downward pressure on BTC. Additionally, a strong dollar can tighten financial conditions, making money and credit more expensive and reducing risk appetite in global markets.

Kevin Warsh and U.S. Data Create Uncertainty

Markets closely watch Warsh’s policy approach. Previously seen as hawkish during his 2006–2011 Fed tenure, he is expected to be cautious on aggressive rate cuts compared to other candidates.

Upcoming U.S. employment data, particularly the nonfarm payroll report, will be key. Initially scheduled for February 6, the report was delayed due to the partial federal shutdown. Analysts expect 80,000 new jobs and a 4.4% unemployment rate, potentially supporting dollar stabilization.

FX and macro strategists note that the DXY’s upward trend may continue. Matthew Ryan commented, “Warsh’s past hawkish image suggests he may act cautiously on rate cuts. The dollar is likely to remain strong in the short term.”

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Bitcoin Struggles to Recover as Dollar Index Strengthens appeared first on Coin Engineer.

Trump recently criticized the Fed once again, stating that it hasn’t acted quickly enough to cut interest rates. Following these statements, several names have begun to emerge in political and financial circles. So, who could replace Powell? Here are the leading names in the Fed chair race!

Who Will Be the Next Fed Chair?

1. Kevin Warsh: A Surprise Candidate

Former Fed governor Kevin Warsh is a strong contender whose name is frequently mentioned in Trump’s inner circle. Warsh has criticized the central bank, saying it has “strayed outside of its remit” and that the current economic problems are “largely self-inflicted.”

Although Warsh supports the independence of the central bank, he also noted that this independence is often used “as a shield when the Fed is criticized.” With his experience and alignment with Trump’s economic views, Warsh is currently seen as one of the strongest candidates.

2. Scott Bessent: One of Trump’s Favorites

Trump’s Treasury Secretary Scott Bessent is another rising name in the mix. Known for effectively implementing Trump’s vision on economic, tax, and trade policy, Bessent is increasingly considered a serious alternative for the Fed chair role.

Bessent currently plays a key role in U.S.-China trade negotiations and Trump’s broader economic reforms. Tim Adams, CEO of the Institute of International Finance, commented, “As someone who has the trust of the global financial community, Bessent is a natural candidate.” However, some experts highlight that Bessent’s expertise lies more in fiscal policy than in monetary policy.

3. Chris Waller: A Voice from Within the Fed

Current Fed governor Chris Waller is also among the candidates. In a recent interview with Bloomberg, Waller said that anyone taking the role of Fed chair should be prepared to face criticism. For Waller, the most important quality in a chair is the ability to protect the Fed’s independence from political influence.

Waller clearly stated his position by saying, “Are they going to come in and keep the tradition of central bank independence, making policy in a nonpolitical way? For me, that’s critical.”

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Who Will Be the Next Fed Chair? Who’s Leading the Race? appeared first on Coin Engineer.