BIT Official: Ethereum prices are dominated by ETF fund flows

According to Fortune, US President Trump has stated that interest rate related data cannot be truly studied until the end of the war. He mentioned that the United States needs to pay about $3 billion in interest on $38 trillion in debt every day, and believes that lowering interest rates can boost the economy and reduce the cost of debt interest. The report states that Trump's nominee, Walsh, aligns with his philosophy and advocates for lower interest rates. Trump also mentioned that the rise in oil prices caused by the Iran War has pushed up inflation and may prolong the waiting time for interest rate cuts.

The onshore Chinese yuan closed at 6.7979 against the US dollar at 4:30 pm on May 18th, up 73 points from the previous trading day.

Irish authorities have recovered a "lost" Bitcoin wallet related to Clifton Collins, containing 500 BTC. （Cointelegraph）

According to Xinhua News Agency, U.S. Senator Bill Cassidy lost to U.S. Representative Julia Lightlow, who was supported by Trump, in the Louisiana Republican primary and failed to advance to the next round.

On chain monitoring shows that Giant Whale, which holds 132000 ETH, added 5000 ETH at a price of $2110 three hours ago. He borrowed 106 million USDT through Spark and Aave and purchased 5001 ETH at a price of 2120 USD. At present, the total amount of holdings is 137400 ETH, valued at approximately 290 million US dollars, with a liquidation price of 1324 US dollars. Address: 0x54d2... 6029 (Ashes)