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Best Crypto to Buy Now April 9 – Fantom, Toncoin, Ethena
9.4.2024
As major cryptocurrencies pull sharply lower on Tuesday, with Bitcoin (BTC) and Ether (ETH) both down in the region of 4% in the past 24 hours, traders are looking for the best crypto to buy now to make quick gains.
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Top 3 reasons Ethena (ENA) investors are also purchasing ENA rival BUDZ
9.4.2024
The decision of Ethena (ENA) investors to add Shiba Budz (BUDZ) to their portfolios is driven by a combination of factors, including diverse investment opportunities, innovative tokenomics, and market trends. As investors embrace this diversification strategy, the cryptocurrency investment...
ENA Rises 15% as Ethena Labs Increases Staking Rewards
8.4.2024
ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of "season 2," which includes a 50% increase in rewards for some users
Former FTX Associates Enter Crosshairs, Bitcoin Halving Inches Closer, and More — Week in Review
7.4.2024
After the sentencing of Sam Bankman-Fried to nearly 25 years in prison for his role in FTX’s financial mismanagement, attention shifts to his former associates. The cryptocurrency world eyes the upcoming Bitcoin halving, expected between April 18 to April 22, 2024. Blackrock’s Ishares...
ENA craze: Cryptocurrency whales dive into Ethena for fresh coin profits
5.4.2024
The cryptocurrency market is witnessing a new wave of enthusiasm, with Ethena at the epicenter of a burgeoning investment craze. Cryptocurrency whales, the term affectionately used to describe large-scale investors who can significantly influence market movements with their trades, are increasingly...
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
5.4.2024
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest stablecoin by market capitalization, now valued at over...
Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer'
5.4.2024
The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens
Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing
5.4.2024
Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens.
The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews
Best Crypto to Buy Today April 4 – Ethena, Bitcoin SV, Bitcoin Cash
4.4.2024
With Bitcoin (BTC) eyeing a potential break back to the north of its 21DMA in the upper $67,000s as US stocks rise and the US dollar declines, investors looking for the best cryptocurrency to buy today are scouring the altcoin market for opportunities.
The post Best Crypto to Buy Today April 4...
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives
3.4.2024
Fantom creator Andre Cronje recently expressed concerns about risk management practices within a specific DeFi project, indirectly referencing Ethena Labs' synthetic dollar, USDe.
The post Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives appeared first on Cryptonews
The Protocol: Using the Money Printer
3.4.2024
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."
Ethena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz
3.4.2024
Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per token. Currently, it ranks among the top 100 coins by market capitalization, boasting a total valuation of $1.36 billion at...
First Mover Americas: Ethena Labs’ New Token Rallies Overnight
3.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Best Crypto to Buy Today April 2 – Ethena, Litecoin, Bitget Token
2.4.2024
On a day where blue-chip crypto markets are trading with a bearish bias, investors are scouring altcoin markets for strong performers that could be the best crypto to buy today.
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Ethena Labs' ENA Token Goes Live, Starts Trading at 64 Cents
2.4.2024
Ethena has invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply
MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
Blockchain Sleuth Warns About Unrevealed ‘Critical Flaws’ in Ethena
2.4.2024
Tardfiwhale, a pseudonymous blockchain sleuth who predicted the fall of Luna and UST, has warned about critical flaws in Ethena, a rising blockchain synthetic dollar stablecoin protocol. Tardfiwhale is asking for donations to certain entities before revealing these alleged flaws, as Ethena has...
Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE
31.3.2024
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over...
Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign
30.3.2024
Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its governance token, ENA, for participants in its shard campaign. The platform has stated that after a 6-week shard operation, 750 million ENA (which is 5% of the total supply) will be airdropped, with...