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The Bank of England (BoE) is scheduled to announce its decision on monetary policy this Thursday, and market participants anticipate a 25-basis-point (bps) interest rate cut from the current 4.25% to 4.0%. Financial markets also anticipate seven out of nine Monetary Policy Committee (MPC) members will vote for an interest rate cut, versus just three … <a href="https://beincrypto.com/bank-of-england-rate-cut/">Continued</a>
Bitcoin is struggling below $116K after falling into a low-liquidity “air gap” following its recent all-time high. On-chain data shows short-term holders are under pressure, leverage is cooling, and ETF flows are negative.
You know your city’s secrets better than any app — the rooftop café with no social media, the bookbinding studio open only on Sundays, the underground theater hidden behind a bakery. You’ve probably shared these gems with friends. So why not share them with the world — and earn something back? That’s what daGama is … <a href="https://beincrypto.com/dgamma-map-world-earn-crypto/">Continued</a>
- 09:22Bitcoin Whale Awakens After Seven Years of Dormancy, Converts Holdings to $270 Million Worth of EthereumAccording to a report by Jinse Finance, citing @TheBlock__, a Bitcoin wallet that had been dormant for seven years recently became active again, selling most of its Bitcoin holdings and purchasing Ethereum. The wallet initially received 100,784 Bitcoins and recently bought 62,914 Ethereum (worth $270 million) on the spot market, while also establishing a long derivatives position of 135,265 Ethereum (worth $580 million).
- 08:58Data: A major whale sells 2,217 ETH, earning a $4 million profitAccording to ChainCatcher, on-chain analytics platform Lookonchain (@lookonchain) has monitored that the whale with address starting 0x7C10 sold 2,217 ETH (worth approximately $9.5 million). These ETH were purchased at a lower price three months ago, and this sale has secured a profit of $4 million.
- 08:47Southwest Securities: No Stablecoin-Related Business Operations at PresentAccording to ChainCatcher, Southwest Securities stated on its interactive platform today that the company has established a subsidiary in Hong Kong and conducts business in compliance with overseas regulations. Currently, the company has not engaged in any stablecoin-related business. At the same time, under the premise of compliance and based on its own circumstances, the company is actively exploring and researching various business opportunities.