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The Bank of Canada Cuts Interest Rates by 25 Basis Points as Planned

BlockBeats News, January 29, 2025 - In its first interest rate decision of the year, the Bank of Canada cut interest rates by 25 basis points to 3.00%, in line with market expectations. This marks the sixth consecutive rate cut meeting, with the two previous meetings having seen a 50 basis points reduction each. (Xinhua Finance)

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On-Chain Activity

1h ago

Dormant address inactive for 1 year purchases $5.4 million in ETH, 'bottom-fishing' funds were deposited into the wallet 3 years ago.

1h ago

UXLINK hacker closes long ETH position at a loss after three months, once had $16.8 million in unrealized gains

2h ago

How much volatility will Bitcoin face after CPI? A few key data points may determine whether there will be a "short squeeze" or a "stampede."

3h ago

After the U.S. stock market rebound, on-chain prices rose while positions shrank, and Nvidia became the center of capital contention.

24H Important News

2026-11-10

Anthropic IPO's latest prospectus revealed: plans to issue 825 million shares at $70 to $78 per share.

Google urgently releases Chrome security update: fixes zero-day vulnerability already exploited in the wild, urges users to upgrade immediately.

Federal Reserve Governor Waller: At least need to recoup the previous three preventive rate cuts

14 listed companies collectively sold 108,000 BTC within the year, valued at approximately $8.08 billion.

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