Ethena Labs KursENA

Cryptocurrency prices since the moment "pro-cryptocurrency" Donald Trump took office. A telling sample from Mr. Crypto Whale: - #BTC: -18%, - #ETH: -10%, - #XRP: -42%, - #SOL: -52%, - #DOGE: -68%, - #ADA: -65%, - #LINK: -47%, - #AVAX: -68%, - #SUI: -71%, - #TON: -72%, - #ENA: -75%, - #PEPE: -78%, - #APT: -83%, - the cherry on top - #TRUMP: -82%. If someone showed this in November-December 2024, they wouldn't believe it. The best joke on this topic is "imagine what would have happened to cryptocurrencies if a non-pro-cryptocurrency candidate had won the elections!". We are not changing our expectations, the rest of December, January, and probably at least part of February - we are waiting for the growth of the crypto market. Let's update today the picture regarding the graphs of the cryptocurrency market capitalization and the dominances.$DOGE $APT $SUI

Arthur Hayes, co-founder of BitMEX, continued to withdraw ETH from his wallet and transfer it to exchanges in December. These actions have led investors to believe he is selling ETH. The move may be part of a portfolio rebalancing plan he previously shared. This activity comes as his portfolio shows notable changes. It now holds more stablecoins and significantly less ETH. Arthur Hayes May Have Sold More Than 1,800 ETH in the Past Week A recent report from Lookonchain, an account that tracks notable on-chain activity, revealed that Hayes sold an additional 682 ETH on Binance. The transaction was valued at approximately $2 million. He redirected the capital into DeFi tokens. Arthur Hayes(@CryptoHayes) has just deposited another 682 $ETH($2M) into #Binance to sell and rotate into high-quality DeFi tokens.In the past week, he has sold a total of 1,871 $ETH($5.53M), and bought 1.22M $ENA($257.5K), 137,117 $PENDLE($259K), and 132,730 $ETHFI($93K). pic.twitter.com/2mddOY3H1t Lookonchain (@lookonchain) December 24, 2025 Earlier, BeInCrypto reported that Hayes transferred 508.6 ETH, valued at around $1.5 million, to Galaxy Digital. In total, Hayes sold approximately 1,871 ETH over the past week. The estimated value of these transactions reached $5.53 million. He used the proceeds to purchase DeFi tokens, including ENA, PENDLE, and ETHFI. Price Performance of Tokens Purchased by Hayes. Source: TradingView Data shows that these tokens have declined by 8090% so far this year. Hayes appears to be taking advantage of low prices. He expects these tokens to deliver future returns. Previously, Hayes publicly shared his strategy on his personal X account. We are rotating out of ETH and into high-quality DeFi names, which we believe can outperform as fiat liquidity improves, he said. However, a closer examination of his portfolio structure using Arkham data reveals a significant shift. First, the amount of ETH held in his wallet has steadily declined from 16,000 ETH in 2022. Since November, his ETH holdings have fallen from 6,500 ETH to 3,160 ETH. This indicates sales of more than 3,440 ETH during that period. Arthur Hayess Investment Portfolio. Source: Arkham Meanwhile, out of a total portfolio valued at $74 million, nearly $48 million is held in USDC. Stablecoins now account for more than 60% of the portfolios total value. Arthur Hayess Investment Portfolio. Source: Arkham Arkham data shows that Hayes increased his USDC holdings from $1 million to nearly $48 million since mid-November. This period also coincided with market sentiment remaining in fear to extreme fear territory. Typically, rising stablecoin holdings signal either readiness to buy dips or a cautious stance. Previously, Arthur Hayes predicted that Ethereum could reach $20,000. He stated that holding 50 ETH could make someone a millionaire by the next US presidential election. Read the article at BeInCrypto

Guys, I’m adding $ENA to my spot bag right now, and the reason is very simple. ENA is sitting right at its lower support zone, and the chart clearly shows this is a strong accumulation area. Buyers are slowly stepping in, which makes this an ideal time to buy rather than chase later. My plan for spot: I’m buying at the current price and looking to sell gradually in the $0.25 – $0.30 range. For futures traders, here’s a clean trade idea: Entry: Current price TPs: 0.23 – 0.25 – 0.27 – 0.30 SL: Below 0.27 Manage your risk properly. Never overtrade. Use only 1% of your wallet per trade and stay disciplined. Patience and planning always win in the end.

The cryptocurrency projects that generated the highest revenue in the last 30 days have been announced. According to the data, stablecoin issuers, layer-1 blockchains, and derivatives trading platforms showed a significant advantage in terms of revenue. While some projects saw a decrease in revenue, a limited number of protocols stood out with strong increases. Here are the cryptocurrency protocols that generated the most revenue in the last 30 days, and the change in their revenue compared to the previous month: Tether (USDT) – $435.4 million (-1.5%) Circle (USDC) – $208.6 million (-2.2%) Tron (TRX) – $203.6 million (-4.0%) Hyperliquid (HYPE) – $61.1 million (-33.9%) Sky (SKY) – $25.3 million (+86.0%) pump.fun (PUMP) – $22.6 million (-13.5%) PancakeSwap (CAKE) – $20.8 million (-34.3%) Ethereum (ENA) – $20.0 million (-33.1%) Axiom Trade – $18.2 million (-11.7%) Phantom – $9.1 million (-20.3%) Aave (AAVE) – $8.7 million (-32.3%) Aethir (ATH) – $7.2 million (-13.3%) Aerodrome (AERO) – $6.8 million (-39.4%) Lido Finance (LDO) – $5.9 million (-14.6%) Chainlink (LINK) – $4.7 million (+6.4%) Related News What's the Latest on Bitcoin (BTC)? What Are the Big Whales Doing? Analysis Firm Takes a Deep Dive The data shows that stablecoin models based on interest-bearing reserves (Tether, Circle) maintain their lead in revenue generation. Layer-1 networks with high transaction volumes, such as Tron, are strongly positioned, while Hyperliquid and some DEXs are experiencing revenue declines. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

In 2025, contrary to earlier reports, cryptocurrency saw positive gains with sectors like Financials and Smart Contract Platforms leading, challenging the notion of being the worst-performing asset class. This shift highlights the diversification within cryptocurrencies, revealing altcoins’ dominance over Bitcoin, fostering increased institutional interest, and marking pivotal advancements in stablecoin application and regulatory clarity. Crypto Market Expansion in Q2 2025 In Q2 2025, the crypto market showed positive returns, with altcoins outperforming Bitcoin. Despite the prevailing belief about poor performance, various sectors, particularly smart contract platforms, led the gains, refuting claims of crypto downturn. Key players included institutional investors, who adopted digital asset treasuries. This move encouraged the holding of cryptocurrencies like ETH, SOL, and ENA on balance sheets, promoting wider market participation and changing investment strategies. According to industry insights, “Institutional involvement has fundamentally shifted market dynamics, enabling a broader acceptance of altcoins.” Regional Investment Trends A marked increase in institutional involvement led North America to witness a 49% growth in crypto inflows. Europe recorded a 42% rise. Such investments affected crypto market dynamics, emphasizing altcoin strength over traditional assets. Additionally, regulatory clarity facilitated North America’s substantial growth, paving the way for further spot Bitcoin ETFs. These developments offered enhanced investor confidence, reflecting shifting dynamics in global financial markets. Technological and Regulatory Advancements The crypto ecosystem experienced notable expansion, with stablecoin supply rising substantially. Analysts observed transaction volumes hitting all-time highs, predominantly due to increased adoption and technological advancements like GENIUS Act-compliant products. Insights into potential outcomes suggest continued altcoin dominance, driven by regulatory improvements and increased technological adoption. Historical trends imply a positive trajectory for smart contract platforms, with data indicating sustained growth in stablecoin supply.