Gushiio.com Daily Selected Encrypted News Bank of England cuts interest rates by 25 basis points

1. The Bank of England cuts interest rates by 25 basis points
On February 6, the Bank of England cut interest rates by 25 basis points and lowered the benchmark interest rate from 4.75% to 4.5%, in line with market expectations and the third interest rate cut in this round of interest rate cut cycle. Traders have increased their bets on the Bank of England’s easing policy, predicting three more interest rates in 2025.
2. Coinbase director: Kraken may know Satoshi Nakamoto’s identity
Conor Grogan, director of coinbase, tweeted that some new clues were discovered by analyzing Satoshi Nakamoto’s wallet. Conor grogan said that Satoshi Nakamoto may have 1.096 million bitcoins (worth approximately $108 billion), making him surpass Bill Gates in book wealth. There were 24 recorded transfer-out transactions at these addresses, with the most commonly used destination addresses associated with Canadian exchange cavirtex. Conor Grogan speculated that since Cavirtex was acquired by Kraken in 2016, Kraken may have Satoshi Nakamoto’s identity information. In addition, conor grogan believes that Satoshi Nakamoto’s last activity on the chain may have been in 2014.
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3. Arthur Hayes: Still believes Bitcoin will be retested for $70,000 to $75,000
Arthur Hayes posted a post stating that as the global community quickly realized that the U.S. political situation has not undergone such a huge change due to Trump’s election, the price of cryptocurrency will fall to the level of the fourth quarter of 2024, and it still believes that Bitcoin will be retested by US$70,000 to US$75,000. What can get cryptocurrencies out of this dilemma? The Federal Reserve, the U.S. Treasury, China, Japan, etc. print money in some form, or enact specific legislation that allows unlicensed cryptocurrency innovation.
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4. Xue Manzi died after his circle of friends
Xue Manzi posted a photo of a group photo with his daughter on the circle of friends at 5 p.m. on February 6, suspected of refuting the rumor that he died in Taiwan. He said in his circle of friends that on the ninth day of the Lunar New Year, my daughter and I are celebrating our old age!&# 038; rdquo; Xue Manzi, whose real name is Xue Biqun. Born in Guangdong in 1953, he is one of the founders of utstarcom. After 2018, Xue Manzi frantically published a large number of ICOs, and recently published memecoin, which has a very poor reputation in the industry.
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5. South Korean police arrest 90 people on suspicion of using cryptocurrency to drug trafficking
Police in Busan, South Korea, raided a criminal gang that used cryptocurrencies to trade drugs and arrested a total of 90 suspects, 18 of whom were formally detained. The gang is mainly composed of Vietnam people and distributes drugs in bars and clubs across the country and makes payments through cryptocurrencies such as Bitcoin. Police initially estimated that the gang smuggled drugs worth 1.04 billion won (about 721,000 US dollars), of which about 710 million won (nearly 500,000 US dollars) have been successfully sold.
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