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Avalanche now supports Beam Nodes

Beam has announced that Avalanche now supports Beam Nodes.

Sonic Labs: Plans to upgrade S token economics through 4 governance proposals, and will subsequently adopt multiple destruction mechanisms to control the upper limit

 Sonic Labs announced in a post on X that they are upgrading Sonic's token economics, which will be decided by four governance proposals on Fantom, including airdropping approximately 200 million S tokens.

At launch, the circulating supply of S was approximately 2.88 billion, with an initial total supply of 3.175 billion, allowing for a 1:1 migration ratio;

After six months, the network will use a unique 9-month linear burn mechanism to burn 6% of the initial total supply, which will be used to extend the airdrop activity to reward users/developers;

In addition, after six months of launch, the network will begin to mint 1.5% of the initial total supply annually over a period of six years to fund growth, and burn unused S tokens each year to ensure effective use;

Starting from the fourth year after launch, the network will mint 1.75% annually to permanently reward validators.

All unused ecological growth tokens will be accounted for and burned annually.

By 2031, the maximum expansion limit for S will be 15% (excluding block rewards), and various burn mechanisms are expected to significantly reduce expansion during this period.

Cosmos Network developers transferred 295.3 BTC raised in 2017 after nearly 2 years

 Cosmos Network developers have transferred 295.3 BTC ($27.7 million) that they raised in 2017 through IC0. This is the first transfer in nearly 2 years, as detected by blockchain analyst Yu Jin.

This year, they have transferred/sold a total of 21,600 ETH and 295.3 BTC, worth $78.67 million.

They still have 96.4 BTC and 17,188 ETH, worth $67 million, from their 2017 IC0 fundraising.

A new address accumulated 520 million PENGUs six hours ago, worth $14.87 million.

According to on-chain analyst @ai_9684xtpa, as , the new address CqwjT...EiCj8 accumulated 520 million PENGU tokens worth $14.87 million six hours ago. The average price of PENGU withdrawn from Binance by this address was $0.2996, and it is currently at a loss of $710,000.

QCPCapital: Nearly $20 billion in notional value of Bitcoin and Ethereum options will expire this Friday

QCP Capital, a Singapore-based cryptocurrency investment firm, stated that after last week's market washout, spot prices remained flat. This Friday will see the expiration of nearly $20 billion worth of Bitcoin and Ethereum options, accounting for nearly half of Deribit's total open interest.

The expiration of options may trigger end-of-quarter volatility selling, especially in the case of flat spot prices and continued rolling of short positions by sellers.

If BTC breaks $100,000, volatility may remain stable, otherwise altcoins may see an opportunity to catch up. Currently, BTC has a market share of 58%, and attention should be paid to whether funds are flowing into altcoins to confirm a trend shift.

BTC falls below $94,000

according to market data, BTC has fallen below $94,000 and is currently trading at $93,980.49, with a 24-hour drop of 0.22%. The market is fluctuating significantly, please manage your risks accordingly.

Forbes predicts seven major trends in the crypto industry in 2025

On December 24th, Forbes published an article predicting seven major trends in the cryptocurrency industry by 2025: 1. G7 or BRICS countries will establish strategic Bitcoin reserves; 2. The market value of stablecoins will double to $400 billion; 3. The Bitcoin DeFi ecosystem will achieve rapid growth through L2 networks (such as Stacks, BOB, Babylon), and the lock-up volume is expected to exceed the current cross-chain packaged Bitcoin of $24 billion; 4. Cryptocurrency ETF products will expand to Ethereum staking and Solana and other tracks; 5. Tech giants such as Apple and Microsoft may follow Tesla in increasing their holdings of Bitcoin; 6. The total market value of the cryptocurrency market will exceed $8 trillion; 7. Improvement in the US regulatory environment will drive the revival of cryptocurrency entrepreneurship.

A whale deposited 18.3 million USDC to Hyperliquid in the past 24 hours to buy HYPE

Lookonchain monitoring shows that in the past 24 hours, a whale has deposited 18.3 million USDC into Hyperliquid to purchase HYPE. So far, the whale has spent 5.81 million USDC to purchase 210,420 HYPE at a price of $27.6.

A whale transferred 4 million CRV to Binance 3 hours ago

a whale transferred 4 million CRV tokens (worth $3.81 million) into Binance three hours ago, and earned a profit of 97% (worth $1.88 million) on the CRV. The whale withdrew the CRV from Binance at an average price of $0.48 and transferred it back to Binance to take profits after CRV rose by 13% today.

Hong Kong Police: Cryptocurrency-related losses exceeded 3.1 billion yuan in the first ten months of this year, with the highest single loss reaching 1.6 billion yuan

According to a report by Hong Kong media Wen Wei Po,  the Hong Kong police stated that they received over 3,400 cases related to cryptocurrency last year, with losses exceeding 4.3 billion yuan. In the first ten months of this year, there were more than 2,100 cases, with losses exceeding 3.1 billion yuan. In these related cases, the highest single loss was about 1.6 billion yuan. Legislative Council member Wu Jiezhuang, who represents the Election Committee, said that in addition to strengthening supervision and promoting education, the Hong Kong government should also encourage citizens to have a better understanding of cryptocurrency, to understand investment risks, avoid being greedy, choose licensed trading platforms when investing, and invest within their means.