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12:32
464.3 billion SHIB transferred from the top SHIB holder to a certain exchange
According to Odaily, Ember Monitoring reported that the top SHIB holder purchased 103 trillion SHIB in 2020 with only 37.8 ETH (approximately $13,700), accounting for 17.4% of the total supply. Forty-five minutes ago, this address transferred another 46.43 billion SHIB to an exchange, valued at $3.48 million. Currently, the remaining holdings are 96.22 trillion SHIB, worth $718 million, representing 16.3% of the total SHIB supply.
12:31
The Bank of England cuts interest rates to their lowest level in nearly three years
Jinse Finance reported that the Bank of England lowered its key interest rate on Thursday, a move that aligns with the Federal Reserve rather than following other European central banks. The European Central Bank has entered a period of stable borrowing costs. The Bank of England reduced its key rate from 4% to 3.75%, the lowest level in nearly three years, resuming a series of rate cuts that began in August 2024 after a pause in November. The bank stated that borrowing costs may continue to decline in the coming months but are approaching their lowest point. Like their counterparts at the Federal Reserve, policymakers at the Bank of England are working to balance inflation rates above target with a cooling job market, and members of the Monetary Policy Committee hold differing views on how quickly rates should be lowered.
12:31
Citi: Expects the Federal Reserve to cut interest rates by 25 basis points again in September 2026
ChainCatcher news, according to Golden Ten Data, Citi expects the Federal Reserve to cut interest rates by another 25 basis points in September 2026, while maintaining its previous forecast of 25 basis point cuts in both January and March.
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