Tether Audit Passes, Ethereum Whales Stir, and Bitcoin Predictions Abound

Tether has completed a clean audit of its 2025 financials by KPMG, alleviating concerns about its reserves. The audit found that Tether's reserves exceeded liabilities by $6.814 billion at year-end 2025, but this surplus dropped to $4.11 billion in the company's more recent Q2 2026 report.

An Ethereum wallet moved 2,680 ETH after an 11-year-long dormancy, indicating activity from old investors. This move has sparked interest in the market as it signals a potential shift in investor behavior.

Arthur Hayes, a well-known figure in the crypto space, predicts that Bitcoin could drop to $50,000 before rising to $1 million. Meanwhile, Wintermute plans to invest $1 billion in AI and high-frequency trading, which may have implications for the market.