Analysis Crypto by Thebittimes.Com

Arthur Hayes is a famous crypto investor, executive and influencer, co-founder of BitMEX and CIO of his family office Maelstrom Fund. Just recently, Hayes dumped over $10 million of the Ethena (ENA) cryptocurrency, a project he has funded and supports. According to data Finbold retrieved from Arkham Intelligence , the famous investor received 9 million ENA from an Ethena smart contract on December 22 and deposited this amount to two centralized exchange addresses. First, Hayes sent 7 million ENA, worth $8.47 million, to Binance after receiving $10.91 million from the contract. Then, the executive sent 2 million ENA, worth $2.42 million, to an address Lookonchain identified as belonging to Bybit. Picks for you Stellar (XLM) set for an imminent rally 1 hour ago ...

As the crypto market faces a downturn, four standout tokens—Aelf, Golem, Algorand, and Flow—defy the trend with impressive gains. Aelf’s multi-chain tech, Golem’s decentralized computing, Algorand’s eco-friendly approach, and Flow’s consumer-focused blockchain are catching the attention of investors eager for resilience in a volatile market. Moreover, these projects are proving their strength with rising prices and steady momentum. Not only do they offer short-term opportunities, but they also promise long-term value. As a result, they stand out as key assets for savvy investors looking to navigate the crypto dip and seize emerging market shifts.   Biggest Crypto Gainers Today – Top List Aelf stands out with its strong 8.39% price surge in the last 24 hours, showing renewed investor confidence in its scalable and innovative blockchain technology. Meanwhile, Golem showcases consistent growth with a 47% annual increase, reflecting the ongoi...

1. Sonic Labs Mainnet Officially Launches link The Layer 1 blockchain project Sonic Labs (formerly Fantom) has officially launched its mainnet. Sonic boasts the capability to process up to 10,000 transactions per second, Features sub-second finality, and offers a native decentralized gateway to Ethereum. FTM holders can now utilize the upgrade portal to convert their tokens to S on the Sonic network at a 1:1 ratio, unlocking access to a variety of applications within the Sonic ecosystem. 2. HashKey Chain Confirms Mainnet Deployment link On December 18, HashKey Group announced the official launch of its public blockchain, HashKey Chain. The mainnet aims to establish a compliance-friendly yet innovation-driven on-chain financial infrastructure. During the testnet phase, which opened to developers and users on November 11, HashKey Chain recorded over 24.72 million transactions and saw the registration of more than 860,000 wallet addresses. The chain achieved an average block time of 2 se...

Economic data has long been the cornerstone of decision-making, from government policy to financial markets. Yet, the systems that provide this data often lag badly and are prone to manipulation. Enter Truflation’s TRUF.Network to form a decentralized economic database. Just launched this week, TRUF.Network reimagines how economic data is sourced, validated, and delivered, supplying DeFi builders with a rich trove of real-world financial metrics. For projects working within onchain verticals such as RWAs, AI, and prediction markets in particular, TRUF.Network’s debut is sure to be anticipated. What makes TRUF.Network different At its core, TRUF.Network is a web3 layer capable of aggregating and validating economic data in real time. It harnesses over 30 million data points across 80+ providers, offering insights into inflation rates, commodity prices, housing metrics, and much more. Picks for you ...

The Mog Coin price tumbled over 12% in the last 24 hours to trade at $0.000002195 as of 3:49 a.m. EST as investors offload their holdings in the meme coin on the market. With the 24-hour drop the MOG price suffered, the altcoin’s weekly performance is now more than 30% in the red. Mog Coin Price Resting On A Key Support 4-hour chart for MOG/USD (Source: GeckoTerminal) The Mog Coin price has been in a negative sequence over the last few days, printing a series of lower lows and lower highs during this period and resulting in the formation of a descending price channel. Now, the meme coin is resting on the support level at $0.000002167. Should it drop below this mark in the next few hours, MOG might fall to the next mark at $0.000001674. This drop might not happen if the Mog Coin price rebounds from the $0.000002167 support. In this alternative case, the crypto might try to break above the upper boundary of the bearish channel, which coincides with the resistance level at $0...

Volatility continues to dominate the cryptocurrency market in 2024, with recent developments further adding to the turbulence. Both crypto and stock markets reacted sharply to the Federal Reserve’s revised 2025 outlook, which hinted at fewer rate cuts and higher inflation expectations.  Bitcoin (BTC) fell below $100,000, and liquidations surged to approximately $850 million within just 24 hours, reflecting heightened investor concerns. Amid this growing uncertainty, investors are increasingly turning to altcoins as a way to diversify their portfolios and tap into potential growth. With 2025 on the horizon, Finbold analyzed market trends and consulted ChatGPT-4o to spotlight two altcoins with significant growth potential. Picks for you Fartcoin's 1-month surge outpaces Nvidia stock's yearly gain 45...

Author: BlockBeats Translation: WuBlockchain These views are personal opinions expressed by the individual and cannot be verified. “Now, let me ask: as the wealthiest, most cash-rich Gen Zer on Zhihu, which is verifiable, does anyone disagree?” This provocative introduction comes from Vida, who claims to be the richest Gen Zer on Zhihu, with at least $7 million in available cash (approximately ¥51 million). His rapid trading and high profits have led to five investigations by Binance’s risk control department. Reading this, many may think it’s another boastful post meant to attract attention. But what if it’s all true? On November 11, Binance launched two low-market-cap tokens, ACT and PNUT. According to Lookonchain, a blockchain data monitoring platform, just two seconds after Binance announced the ACT listing, an address swiftly bought 10.9 million ACT tokens for $320,000. As ACT’s price quickly surged, this investment yielded a profit of $3.4 million (about ¥24 million). The purchas...