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US President Donald Trump said he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell, triggering a Senate confirmation process. Warsh, seen as more favorable toward Bitcoin and critical of ultra‑loose policy, previously served on the Fed Board from 2006 to 2011.

On 30 January 2026, a synchronized rout spanned gold, silver, equities, and cryptocurrencies, erasing more than $10 trillion within 24 hours, according to market estimates. Gold's drop cleared roughly $4 trillion, silver about $1.1 trillion, while crypto capitalization fell 4.78% to $2.83 trillion, with Bitcoin leading the decline. Analysts cited a gold breakdown and capital rotation as potential drivers.

On January 28, the U.S. SEC released a Statement on Tokenised Securities clarifying issuer-sponsored, custodial, and synthetic models for tokenized assets. The same day, Robinhood CEO Vlad Tenev urged real-time, blockchain-based settlement and outlined a shift toward custodial equity tokens for investors, arguing T+1 remains too slow and noting weekends can stretch settlement to four days.

On Jan. 29, Bitcoin spot ETFs registered their largest single-day outflow of 2026, with $817.87 million withdrawn across funds, according to SosoValue. BTC traded around $84,220 after falling over 4% in 24 hours, while total ETF trading value reached $7.51 billion. Issuer outflows were led by BlackRock at $317.81 million, followed by Fidelity and Grayscale.

SpaceX is in early talks to merge with xAI and has also weighed a broader combination that could involve Tesla, according to Reuters. The discussions tie into a potential public listing expected later this year, while prediction market odds imply roughly a 50% chance of a SpaceX–xAI deal by mid‑2026 versus about 16% for a Tesla–xAI combination.

On Thursday, crypto analyst Benjamin Cowen said Bitcoin is likely to keep losing ground versus the stock market, warning that hopes for a rotation from gold and silver into crypto may be misplaced. Gold and silver hit all-time highs of $5,608.33 and $121.64, and Citi on Tuesday forecast silver could reach $150 within three months. Bitcoin traded at $82,859, down 7.78% over seven days, according to CoinMarketCap.

Securitize filed a registration statement with the U.S. SEC on Wednesday to advance a SPAC merger with Cantor Equity Partners II, backed by Cantor Fitzgerald. The filing reported $55.6 million in revenue for the first nine months of 2025, up 841% year over year, and $18.8 million for 2024. Cantor Equity Partners II rose 4.4% late Thursday.

On Thursday, Microsoft shares slid 10%, erasing $357 billion in market value and closing with a $3.22 trillion market cap, down from just under $3.6 trillion. The selloff followed its earnings release, with Azure growth at 39% versus 39.4% expected and guidance for the More Personal Computing segment set at $12.6 billion.

Strategy’s shares fell more than 9% in the past 24 hours as Bitcoin declined about 6% to around $82,300, bringing the coin within less than $10,000 of the firm’s average cost. The move tightened the buffer on its large Bitcoin treasury and renewed scrutiny of the stock’s valuation premium and risk profile.

On January 30, 2026, Donald Trump said he would announce the next Fed chair Friday and effectively pointed to Kevin Warsh, whom he considered eight years earlier. Warsh worked at Morgan Stanley (1995–2002), served in the White House (2002–2006), was the youngest Fed governor (2006–2011), criticized prolonged stimulus, and resigned in 2011.