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Fed chair nominee Kevin Warsh is not necessarily a hawk, says close colleague Stanley Druckenmiller

The knee-jerk reaction to Donald Trump’s pick of Kevin Warsh to replace Jerome Powell as chairman of the Federal Reserve is that the president made the most hawkish selection among the four reported finalists for the job. In the wake of last night’s leak that Warsh would be the pick, risk markets – including crypto […]

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Lido’s new stVaults will let L2s create their own rules for Ethereum staking

Lido Labs Foundation unveiled stVaults on Ethereum’s mainnet on Friday. stVaults marks a shift from a single product model to shared effort on the protocol by opening its infrastructure to external builders. Simply put, stVault lets other teams plug into Lido’s staking system instead of building their own from scratch. Until now, developing an Ethereum

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Tumbling Market Puts Giants In ‘Dive Protection’ Mode: Crypto Daybook Americas

:Crypto Diary Americas By Omkar Godbole (All times ET unless otherwise noted) The crypto market’s bank on Thursday spurred industry heavyweights into “diving protection” mode, a term for coordinated moves to steady a sinking ship. As bitcoin neared $81,000, its lowest since November, and analysts warned of a deeper fall, Binance sprang into action. The

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XRP-linked firm rolls out platform after $1 billion GTreasury deal

Blockchain-based payments company Ripple launched a new enterprise product, Ripple Treasury, earlier this week that aims to help businesses manage traditional cash and digital assets within a single system, following its $1 billion acquisition of treasury software firm GTreasury last year. The platform allows corporate finance teams to move money across borders using Ripple’s RLUSD

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BTC-to-Gold ratio nears 2019-style turning point after six red candles

Bitcoin BTC$82,669.83 is on track to end January underperforming gold for a sixth consecutive month as investors ignore the largest cryptocurrency’s “digital gold” moniker and seek the safety of a metal that has historically been seen as a safe haven during times of economic and geopolitical turmoil. The Bitcoin-to-Gold ratio, the amount of gold equivalent

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Bitcoin ETFs See Worst Outflows Since August As BTC, ETH Products Lose $1B

US-listed spot bitcoin and ether exchange-traded funds (ETFs) suffered heavy redemptions on Thursday, with nearly $1 billion moved in a single session as crypto prices fell sharply and risk appetite faded. According to SoSoValue data, investors withdrew $817.9 million from US spot bitcoin ETFs on January 29, the largest daily outflow since November 20. Ether

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Vitalik Buterin withdraws $17 million in ether as Ethereum Foundation tightens spending

Ethereum co-founder Vitalik Buterin said the Ethereum Foundation (EF) is entering a period of “gentle austerity” as it seeks to deliver an aggressive scaling plan while ensuring it can sustain itself over the long term. In a post on X, Buterin said he has personally withdrawn 16,384 ETH, worth about $17.3 million at current market

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