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The Bank of England keeps the benchmark interest rate unchanged at 3.75% and indicates the possibility of further rate cuts in the future

2 hours ago

On February 5th, the Bank of England held its benchmark interest rate steady at 0.75%—in line with market expectations. Five members voted to keep the rate unchanged, while four favored a rate cut. The central bank signaled the rate could be cut further. (FXStreet)
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Circle has announced a collaboration with Polymarket to bring stablecoin infrastructure to the prediction market.

On February 5, Circle announced a partnership with Polymarket to bring its stablecoin infrastructure to the prediction market.

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Kraken Teams Up with Bitwise to Launch “Custom Yield Strategy” New Product

February 5 — Bitwise has launched the "Bitwise Custom Yield Strategy," a new yield-focused, professionally managed investment product available to eligible institutional clients. Bitwise will oversee portfolio management, while Kraken provides custody, execution, and risk monitoring services. The strategy leverages dormant cryptocurrency assets to generate yield.

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Gemini to Cease Operations in the UK, Customer Accounts to Withdraw Only Starting March 5th

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A certain ETH whale was forced to liquidate, selling 238 ETH to receive 488,000 DAI for repayment

**ChainNews reported on February 5 that as Ethereum (ETH) dropped to the $2,000 level, a whale with a large leveraged position faced imminent liquidation.** The investor had collateralized 23,800 ETH (valued at roughly $48.56 million) to borrow 35.27 million DAI, with a liquidation threshold of $1,800. With ETH’s current price just $250 away from that threshold, the whale urgently sold 238 ETH to convert to 488,000 DAI and repay part of the debt.

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Rainbow: Currently handling CoinList's RNBW distribution work, to be completed prior to CEX listing

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