A certain newly created wallet is hoarding 800 units of the gold-backed token XAUT, worth around $4.22 million

On January 28, Bitcoin dropped below $89,000, with its 24-hour gain narrowing to 1.4%, according to market data from HTX.

On January 28th, five major institutions—JPMorgan Chase, Citigroup, Barclays, Bank of America, and Wells Fargo—shared their outlooks on the Federal Reserve’s 2026 rate cuts and tonight’s policy decision. Here’s a breakdown: ### Barclays - **Rate Cut Outlook**: Total of 50 basis points (cuts in June and December). - **Key View**: The FOMC will likely signal no rush to cut rates further, noting balanced risks between downside employment risks and upside inflation risks. - **Powell Expectations**: He will reinforce the FOMC’s “no rush to ease” stance. ### Bank of America - **Rate Cut Outlook**: Total of 50 basis points (cuts in June and July). - **Key View**: Political factors may take focus at the January meeting; the Fed will hold policy steady with no change to its balanced risk assessment. - **Powell Expectations**: His press conference may center on political (not policy) issues—but current market pricing carries unexpected dovish risks. ### Citigroup - **Rate

On January 28th, Circle announced its CCTP mainnet cross-chain transfer proxy feature is now live. The launch reduces end-to-end transmission latency, cuts operational costs and third-party risks, and improves experience for both developers and users.

On January 28, Trump took to Twitter to tout the S&P 500’s first-ever close above 7,000 points: “Historic First! The U.S. economy is back strong!!!” Per Bitget market data, the S&P 500 stood at roughly 1,450 points in early 2000. Over the past 26 years, it has delivered an annualized return of ~6.5%, with a dividend-inclusive compound annual growth rate (CAGR) of ~7.5%-8%. Over the last five years, the index has posted strong gains: it opened around 3,700 points in 2021, rising ~90% over the period for an annualized return of ~13.8%. Its dividend-inclusive CAGR reaches 14.5%. During the 2022 bear market, the S&P 500 only pulled back ~18%, and since 2023, it has benefited from sustained surges in AI, tech, and economic recovery.

On January 28, U.S. publicly traded Bitcoin treasury firm Strive announced it has completed the issuance of SATA shares (including an oversubscribed follow-on offering) and the Semler note exchange. The company purchased 333.89 Bitcoins at an average price of $89,851, bringing its total holdings to 13,131.82 Bitcoins—making Strive the world’s tenth-largest corporate holder of Bitcoin.

January 28th — BitMine Director Tom Lee commented on the upcoming Ethereum ERC-8004 AI Agent Standard, noting that AI agents will pose future security challenges since agent systems will operate outside the "walled garden" of their existing setups. A key question: How do real-world systems verify if instructions are genuine? Smart contract blockchains can act as a way to confirm command origins, track payment activity, and handle final settlements — a strong use case for Ethereum. Notably, Ethereum is the only smart contract platform with 100% uptime since its launch, a critical metric for trust and reliability. Earlier today, Ethereum officially revealed the ERC-8004 standard is set to go live on the mainnet. By implementing a discovery mechanism and portable reputation system, ERC-8004 enables AI agents to interact across various organizations, ensuring reputation portability across networks. This unlocks a global market for AI service interoperability.