ETH falls below the $3400 mark

[ZhuDi Holdings and Hong Kong Polytechnic University Establish Stablecoin Research Center] Hong Kong-listed company ZhuDi Holdings has invested HKD 1.7 million to establish a stablecoin research center with Hong Kong Polytechnic University. The center will focus on the development of regulatory-compliant stablecoins and real-world asset (RWA) tokenization. Its objectives include formulating an RWA framework aligned with Hong Kong's 'Stablecoin Bill' and 'Virtual Asset Policy Statement 2.0,' as well as promoting innovations in AI-driven tokenization and real-time asset valuation models.

[Strategy CEO Denies Rumors of Inability to Fulfill Dividend Obligations] Phong Le, CEO of Bitcoin treasury company Strategy, stated in an interview with CNBC that there is no issue with Strategy's ability to pay dividends. However, rumors have been spread claiming the company is unable to fulfill its dividend obligations, leading to market shorting of Bitcoin. Phong Le revealed that Strategy has established a $1.44 billion dividend reserve fund, which was raised in just eight and a half days. This amount is equivalent to 21 months of dividend payments, aimed at dispelling fear, uncertainty, and doubt, and demonstrating the company's ability to quickly raise funds even during Bitcoin's downtrend cycles.

The data shows that Bitcoin activity has recently increased, and analysis suggests that this trend may be related to changes in market sentiment. （Cointelegraph）

[Binance Updates December Proof of Reserves, BTC Reserve Ratio at 102.11%] Binance released its December proof of reserves, showing a BTC reserve ratio of 102.11% with a wallet balance of 630,677.19 BTC; a USDT reserve ratio of 109.16% with a wallet balance of 37.447 billion USDT; an ETH reserve ratio of 100% with a wallet balance of 4.0414 million ETH; and a BNB reserve ratio of 112.32% with a wallet balance of 44.279 million BNB.

[Two Casascius Physical Coins Dormant for 13 Years Transfer 2,000 BTC] On December 7, a wallet address associated with Casascius physical bitcoins suddenly transferred 2,000 BTC, worth approximately $180 million, after being dormant for over 13 years. These BTC had not been moved since 2011 to 2012, when the price of Bitcoin was less than $15 per coin. Casascius physical coins were introduced in 2011 by American entrepreneur Mike Caldwell but ceased production in 2013 after FinCEN classified them as an 'unregistered money transmitter.' Currently, about 90,000 coins remain in circulation, and the reason for this transfer is unclear. Earlier this year, another user migrated 100 BTC to a hardware wallet due to technical issues.