Overview of Key Overnight Developments on January 29
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21:00 (UTC+8) - 7:00 (UTC+8) Keywords: FIDD, PAC Fairshake, Tesla, Federal Reserve 1. The Federal Reserve kept interest rates unchanged; 2. The S&P 500 index surpassed the 7,000-point mark for the first time; 3. Fidelity will launch the stablecoin FIDD on Ethereum; 4. Crypto PAC Fairshake's cash reserves increased to $193 million; 5. Powell: Most of the higher-than-expected inflation comes from tariffs rather than demand; 6. Tesla made no adjustments to its bitcoin holdings in the fourth quarter; 7. CNBC: Nvidia and Amazon may participate in OpenAI's current round of financing; 8. The Federal Reserve raised its assessment of U.S. economic activity, stating it is expanding at a "solid" pace.
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