Ethena (ENA) Price Poised for a Big Move as Key Pattern Signals a Bottom – Here’s How It Could Play Out

BitcoinWorld Shocking Samourai Wallet Sentence: Co-Founder Gets 4 Years Prison The cryptocurrency world received a sobering reality check as William Lonergan Hill, co-founder of the controversial Samourai Wallet, was sentenced to four years in federal prison. This landmark case sends shockwaves through the crypto privacy sector and raises crucial questions about regulatory boundaries. What Exactly Happened with Samourai Wallet? The U.S. District Court for the […] This post Shocking Samourai Wallet Sentence: Co-Founder Gets 4 Years Prison first appeared on BitcoinWorld.

The post Satoshi-Era Mt. Gox’s 1,000 Bitcoin Wallet Suddenly Reactivated appeared on BitcoinEthereumNews.com. X account @SaniExp, which belongs to the founder of the Timechain Index explorer, has published data showing that a dormant BTC wallet was activated after hibernating for six years. However, it was set up 13 years ago, according to the tweet — the time when Satoshi Nakamoto’s shadow was still casting itself around, so to speak. The X post states that the tweet belongs to infamous early Bitcoin exchange Mt. Gox, which suffered from a major hack in the early 2010s, and last year it began paying out compensation to clients who lost their crypto in that hack. The deadline was eventually extended to October 2025. Mt. Gox’s wallet with 1,000 BTC reactivated The above-mentioned data source shared a screenshot from the Timechain Index explorer, showing multiple transactions marked as confirmed and moving a total of 1,000 Bitcoins. This amount of crypto is valued at $116,195,100 at the time of the initiated transaction. Last year, Mt. Gox began to move the remains of its gargantuan funds to pay out compensations to its creditors. Earlier this year, it also made several massive transactions to partner exchanges to distribute funds to Mt. Gox investors. All of the compensations were promised to be paid out by Oct. 31, 2025. The aforementioned transaction is likely preparation for another payout. The exchange was hacked for several years due to multiple unnoticed security breaches, and in 2014, when the site went offline, 744,408 Bitcoins were reported stolen. Source: https://u.today/satoshi-era-mtgoxs-1000-bitcoin-wallet-suddenly-reactivated

The post ‘Many’ Fed Officials Oppose Further Rate Cuts This Year, Bitcoin Falls appeared on BitcoinEthereumNews.com. The FOMC minutes have further cooled optimism about another rate cut at the December meeting. The minutes indicated that most Fed officials oppose a third cut this year, as they turn their attention to rising inflation. Bitcoin and the broader crypto market faced another intense sell-off today as hopes of a rate cut continue to fade. FOMC Minutes Show May Officials Are Against A Third Rate Cut This Year According to the October Fed meeting minutes, many participants suggested that it would likely be appropriate to keep the target range unchanged for the rest of the year based on their economic outlooks. This came as the minutes noted that participants expressed “strongly differing views” about what policy decision would most likely be appropriate at the December FOMC meeting. The FOMC minutes stated that most participants judged that further downward adjustments to the target range for the federal funds rate would likely be appropriate as the committee moved to a more neutral policy stance over time. However, several of them didn’t necessarily view another 25 basis points cut as likely to be appropriate at the December FOMC meeting. Meanwhile, several participants assessed that a further reduction in the target range for the federal funds rate could well be appropriate at the December meeting if the economy evolved as they expected between now and the meeting. However, as CoinGape reported, the committee is unlikely to have enough data for the December meeting, as the BLS canceled the October jobs report, which traders believe makes it less likely the FOMC will lower rates. Ahead of the FOMC minutes release, the odds of a December Fed rate cut had already dropped to around 33.8%. Now, the Fed minutes further indicate that the Fed is unlikely to lower rates, seeing as ‘many’ already believe it is appropriate to…