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A whale transferred 1000 ETH to Binance after a year of hibernation

2025.04.18 15:24:44

Update, April 18: As per the monitoring of Onchain Lens, a dormant wallet has transferred 1000 ETH to Binance (approximately $1.6 million). The ETH within this wallet came from withdrawals made from several CEXs 5 to 7 years ago. Presently, the wallet holds 2001 ETH, with a value of approximately $3.16 million.
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Powell: No rate cut if inflation making progress

March 19 — Federal Reserve Chair Jerome Powell said Wednesday that some officials favor fewer interest rate cuts this year. While the median projection for the central bank’s interest rate path remains unchanged, the number of policymakers leaning toward a smaller number of cuts has risen significantly. Powell noted progress on inflation is expected but the pace of that progress is not as fast as anticipated. He emphasized: “If there is no progress on inflation, there will be no rate cuts.” He also warned that energy inflation is an issue that cannot be taken lightly.

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Powell: Fully aware that a series of inflationary pressures have disrupted progress

March 19 — Fed Chair Jerome Powell stated he is fully cognizant that a wave of inflationary pressures has disrupted progress on inflation. Future inflation will be somewhat impacted, he noted, and whether we can look past energy inflation hinges on our ability to contain goods inflation.

9 minutes ago

JPMorgan Questions Fed's Nonchalance on Middle East Risk: Optimistic Outlook on Inflation and Employment or Miscalculation

On March 19th, JPMorgan analyst Bob Michele said he was still "shocked by the Fed’s decision," noting it implies the economy will keep accelerating and employment will stay stable—despite ongoing developments in the Middle East. Michele pushed back, however: "I don’t see it that way. I think inflation is real here, and it will ultimately have a tangible impact on the economy and labor market." (Source: FXStreet)

9 minutes ago

Powell: Expects February PCE Inflation to be 2.8%, Core PCE to be 3.0%

**March 19 – Federal Reserve Chair Jerome Powell said Tuesday he expects February’s PCE inflation to hit 2.8% and core PCE to stand at 3.0%.** Recent inflation expectations have climbed, though longer-term measures remain consistent with the Fed’s 2% target, he noted. Last year’s rate cuts brought interest rates near a reasonable estimate of the neutral rate, and Powell added it is too early to assess the scope and duration of the economic impact. Rising energy prices will push up headline inflation, he emphasized.

9 minutes ago

Powell: Impact of Developments in the Middle East on the Labor Market Outlook Is Still Uncertain

**Fed Chair Powell (March 19): Economy Expanding, Inflation Still Elevated; Policy Stance Appropriate** Federal Reserve Chair Jerome Powell said on March 19 that the U.S. economy is expanding, though inflation remains somewhat elevated. He noted the central bank’s policy stance is appropriate, adding officials will closely monitor various risks—with the impact of the Middle East situation still uncertain. On the labor market, Powell reiterated the unemployment rate has changed little since last summer, and labor demand has cooled significantly.

9 minutes ago

Fed FOMC Statement Change List: Removal of Stable Unemployment Rate, Addition of "Impact of Middle East Situation on US Economy Remains Uncertain"

**March 19 Summary: Key Changes to Fed FOMC Statement vs. January** - **Revised wording**: Replaced “The unemployment rate has shown some signs of stabilization” with “The unemployment rate has changed little in recent months” - **New addition**: Added a line noting, “The impact of the Middle East situation on the U.S. economy remains uncertain” - **Policy shift**: Fed Governor Waller — who backed a 25-basis-point rate cut at the last meeting — now supports holding rates steady This rewrite uses concise, news-friendly phrasing (e.g., “holding rates steady” is common in U.S. financial coverage, em dashes for clarity) and aligns with American English brevity for quick updates.

9 minutes ago

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