On January 30, precious metals sold off sharply, with silver falling up to 36% intraday and gold down more than 12%, according to Bloomberg. The move followed President Donald Trump's nomination of Kevin Warsh as Federal Reserve chair and coincided with Bitcoin sliding to about $82,000 amid intensified spot ETF outflows cited by Bitfinex analysts.

On Friday, Illinois' Department of Financial and Professional Regulation closed Metropolitan Capital Bank & Trust for unsafe and unsound conditions and an impaired capital position, appointing the FDIC as receiver. First Independence Bank will assume substantially all deposits and purchase about $251 million in assets. The FDIC estimates a $19.7 million impact on the Deposit Insurance Fund.

On January 31 2026, Kevin Warsh's nomination to lead the Federal Reserve pushed the 30-year versus two-year Treasury yield spread to 1.35 percentage points, close to its widest level since 2021. Warsh favors reducing the Fed's roughly $9tn bond portfolio, while Donald Trump is pressing for lower long-term interest rates, creating tension over how policy should be set. Investors still anticipate two quarter-point interest rate cuts starting in the summer even as large asset managers highlight the difficulty of shrinking the balance sheet and easing rates at the same time.

Amazon requested the FCC move a July 2026 deadline to July 2028 to deploy roughly 1,600 satellites. The company cites rocket shortages and manufacturing delays, reports more than 150 launched since April, expects about 700 in orbit by July 30, and has 32 set to fly on February 12.

Solana’s daily active addresses climbed 115% by Jan. 28, with counts regularly above 5 million amid a burst of token launches. Ethereum’s daily activity rose 25% in January as fees dropped below $0.01 following network upgrades. A winter storm pressured seven U.S. Bitcoin miners, while a PayPal report found four in 10 merchants now take crypto.

On Friday, Judge Kathaleen St. J. McCormick permitted a shareholder lawsuit alleging insider trading by Coinbase directors, including Brian Armstrong, to proceed. The complaint says insiders sold $2.9 billion during the 2021 direct listing, including $291.8 million by Armstrong and $118.7 million via Andreessen Horowitz, even as a special committee later found no use of confidential information.

On a Friday ruling in Delaware, Judge Kathaleen St. J. McCormick allowed a shareholder lawsuit accusing several Coinbase directors of insider trading tied to $2.9 billion in stock sales from the April 2021 direct listing to proceed. The case, brought in 2023 by investor Adam Grabski, challenges a special litigation committee’s 10-month investigation that had cleared figures including Marc Andreessen and CEO Brian Armstrong, arguing conflicts around one committee member undermined the review.

DraftKings plans to introduce a crypto-to-cash deposit option in Illinois, Kentucky, New Hampshire, and Vermont in the coming weeks, allowing US users to fund betting accounts with digital assets converted to cash. Massachusetts regulators have blocked similar deposits by banning crypto-converted funds as a permissible source, while other states like Wyoming, Colorado, and Virginia already allow such methods. At the same time, multiple jurisdictions are moving to prohibit credit cards for online sports wagering due to concerns over gambling-related financial harm.