[Arthur Hayes Claims Tether Is Purchasing Gold and Bitcoin in Anticipation of Rate Cuts, Asset Decline Could Lead to USDT Bankruptcy] BitMEX co-founder Arthur Hayes posted on the X platform, stating that the Tether team is engaging in large-scale interest rate trades based on the expectation that the Federal Reserve may cut rates, which would significantly reduce its interest income. To mitigate this risk, Tether is purchasing gold and Bitcoin, theoretically aiming for these asset prices to rise when currency prices fall. However, if the value of gold and Bitcoin holdings drops by approximately 30%, Tether's equity could be wiped out, and USDT would theoretically face bankruptcy. He also mentioned that some major holders and exchanges might demand real-time access to Tether's balance sheet to assess its solvency risks.

On chain data shows that an address that participated in the Ethereum ICO in 2015 and obtained 40000 ETH ended its ten-year dormancy 20 minutes ago, and tentatively transferred 5 ETH (approximately $15000). The address purchased 40000 ETH for $12440 at the time (ICO price of $0.311 per coin), with a total value of approximately $120 million and an appreciation of 9646 times. (Ashes)

1. China announces that Bitcoin has no legal status and demands strengthened regulation 2. The founder of BitMEX claims that Bitcoin has hit bottom and the Federal Reserve will print money 3. The price of gold has surpassed $2800 per ounce, setting a new historical high 4. Michael Saylor suggests Saudi Arabia to buy all bitcoins 5. A whale address holds 7066 ETH worth $21.22 million 6. The conflict between Russia-Ukraine conflict escalated, and 500000 people were cut off by air strikes 7. Prenetics' Bitcoin holdings increase to 504, with a yield of 435% 8. Arthur Hayes says Monad may plummet by 99% The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/503554

[Pre-mined address dormant for 10.3 years activated, transferring 40,000 ETH worth nearly $120 million] On-chain data shows that at around 7:39 AM (UTC+8) today, a dormant pre-mined address containing 40,000 ETH was activated after 10.3 years of inactivity, currently valued at approximately $119.6 million. Back in 2015, the value of these ETH was only about $12,400.

Binance CRV/USDT perpetual trading volume surged 6 times within 10 minutes, with a turnover of 30.8 million US dollars in the past 24 hours, a decrease of 1.41% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world