The Federal Reserve held interest rates steady at 3.50%โ3.75% yesterday. Outgoing Chair Jerome Powell signaled that while the door for easing is open, they aren't in a rush until "tariff inflation" recedes. The Gold/Silver Explosion: While BTC consolidated around $89,500, precious metals went parabolic. Gold briefly touched $5,600/oz this morning. Stock Market Milestone: The S&P 500 hit 7,000 points for the first time, driven by AI optimism (ASML and Nvidia). Crypto stocks like Coinbase and MicroStrategy are riding this wave of "risk-on" sentiment. ๐ Altcoin Spotlight: OP & WLD Optimism (OP) Buyback: The community is buzzing about a proposal to use 50% of Superchain Sorter net revenue to buy back OP tokens. This shifts OP from a "governance-only" token to one with direct value alignment with network growth. World (WLD) & OpenAI: WLD is surging (up ~40% recently) on reports that Sam Altman/OpenAI are exploring "Proof of Personhood" via iris scanning for a new social networking app. โ๏ธ Regulatory Storm: The CLARITY Act The White House is convening a "Crypto Council" summit on Monday, February 2. The Mission: To break the deadlock between bankers and crypto execs over the CLARITY Act. The Conflict: The main sticking point is how stablecoins handle interest and rewards. A compromise here could be the "regulatory holy grail" the market has been waiting for.
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EagleEye
ยท 18m ago
Really inspiring post! Thanks for sharing your insights with us.
#GoldBreaksAbove$5,200 ๐๏ธ The Fed & Macro: "Steady as She Goes"
The Federal Reserve held interest rates steady at 3.50%โ3.75% yesterday. Outgoing Chair Jerome Powell signaled that while the door for easing is open, they aren't in a rush until "tariff inflation" recedes.
The Gold/Silver Explosion: While BTC consolidated around $89,500, precious metals went parabolic. Gold briefly touched $5,600/oz this morning.
Stock Market Milestone: The S&P 500 hit 7,000 points for the first time, driven by AI optimism (ASML and Nvidia). Crypto stocks like Coinbase and MicroStrategy are riding this wave of "risk-on" sentiment.
๐ Altcoin Spotlight: OP & WLD
Optimism (OP) Buyback: The community is buzzing about a proposal to use 50% of Superchain Sorter net revenue to buy back OP tokens. This shifts OP from a "governance-only" token to one with direct value alignment with network growth.
World (WLD) & OpenAI: WLD is surging (up ~40% recently) on reports that Sam Altman/OpenAI are exploring "Proof of Personhood" via iris scanning for a new social networking app.
โ๏ธ Regulatory Storm: The CLARITY Act
The White House is convening a "Crypto Council" summit on Monday, February 2.
The Mission: To break the deadlock between bankers and crypto execs over the CLARITY Act.
The Conflict: The main sticking point is how stablecoins handle interest and rewards. A compromise here could be the "regulatory holy grail" the market has been waiting for.