Episode 97: Hawkish Fed Chairman Warsh Triggers Crypto and Silver Crash – What’s Next?

Crypto & precious metals crack lower over the weekend as markets digest Kevin Warsh’s nomination as Fed Chair (replacing Powell in May) — seen as hawkish on balance sheet reduction (smaller Fed footprint, less QE dependency, favoring productive credit over asset inflation), sparking knee-jerk risk-off despite his dovish lean on rates. Put skew explodes (front-end protection demand surges, calls dumped), vol spikes, signaling near-term chop/volatility ahead of major supports (BTC ~74K line in sand, ETH ~2,200). Guest Eric Saraniecki (Canton Network co-founder, Digital Asset) joins David discussing Canton built for institutional composability & privacy, targeting high-utility collateral (Treasuries, cash legs, FX), cash-on-ledger velocity, RWAs at scale.

The following topics is covered:

00:00 – Introduction 01:17 – Weekend Sell-Off Recap & BTC & ETH Key Levels 02:08 – Gold & Silver Unwind & Kevin Walsh as Fed Chair 14:38 – Options Market Insights 16:05 – Trade Ideas: Hedging, Puts & Risk Management 17:36 – Liquidity Tailwinds vs. Breakdown Risk 22:14 – ISM Surprise & Data US Economy 24:50 – Todays special guest: Eric Saraniecki, Cofounder of the Canton Network 25:45 – Eric’s Background: Early Bitcoin, Trading & Building Infrastructure 32:05 – What Canton Network Is Solving 34:07 – Privacy + Composability 40:32 – Coin-for-Bond Swap & Cross-App Transactions 41:15 – Tokenomics: Incentives, Fees Burned & Network Design 50:45 – Why Privacy Matters Now 55:26 – 2026 Plans: Scaling Tokenization & Adoption Path 1:00:21 – Closing Thoughts

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Disclaimer: The content presented on Crypto Options Unplugged is not intended as investment advice. Always conduct your own research.