PANews reported on January 4th that, according to onchainschool.pro, multiple wallets accumulated over $500,000 worth of IRYS tokens from decentralized exchanges over the past week. Three days ago, all these tokens were transferred to a single wallet, which has held them ever since. This wallet currently holds $1.1 million worth of IRYS tokens. In addition, other wallets have withdrawn IRYS tokens from exchanges, bringing their total balance to over $1 million.


Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus. US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more
