The Federal Reserve has made the decision to lower interest rates by 25 basis points, signaling the possibility of further reductions later this year. This move comes as Fed officials appear divided on the future rate path, a divergence not seen in prior economic cycles.Continue Reading:Federal Reserve Lowers Interest Rates Again

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

Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.