Ethena (ENA)
Solana-Based JTO, Oracle Network PYTH, and Synthetic Dollar ENA: 3 Cryptos to Watch in 2024
Most cryptocurrency traders anticipate a significant market rally in 2024. Typically, established cryptocurrencies like Bitcoin and Ethereum would lead the rally, while other lower market capitalization cryptos make the most...
Crypto Underdog ENA Soars, Catching the Eye of BitMEX Co-Founder
BitMEX co-founder Arthur Hayes has taken note of Ethena’s (ENA) recent performance, observing that the Ethereum-based synthetic dollar protocol is climbing up the ranks despite widespread criticism. Hayes cited a...
Ethena Whale Takes $2.71M Hit as ENA Token Drops 38% in a Month
Ethena’s ENA token has seen a sharp decline in value, influenced by the prevailing global crypto bearish market sentiment. Over the past month, the token’s price has dropped by over...
$2 Billion Token Unlocks: Will It Lead to a Longer Bear Market?
A prominent crypto analytics platform, 10x Research, recently warned against an impending bear market driven by the $2 billion token unlocks in the upcoming days. The platform asserted that the...
PYTH Prepares for Massive $1.24B Token Unlock, Doubling Circulating Supply
As April winds down, the crypto market gears up to witness a significant influx of unlocked tokens worth billions of dollars from crypto projects like Pyth Network in May. Token.Unlocks...
Ethena (ENA) Token Rides Bullish Wave Fueled by Whale Stakings
In the last 24 hours, the Ethena (ENA) token has exhibited strong bullish momentum, with its price fluctuating between a daily high of $1.217 and a low of $1.059. As...
Real-time Risk Monitor for Ethena USDe Stablecoin Now Live
Arthur Hayes, the founder of the BitMEX exchange, recently presented a risk radar chart for Ethena Labs’ USDe stablecoin with on-chain provided by intelligence platform IntoTheBlock. In a recent post...
Anonymous Whale Pulls $24M ENA Token From Binance: Here’s Why
ENA, the recently launched governance token of decentralized protocol Ethena Labs, continues to gain the attention of crypto market participants, including the most influential investors in the crypto scene. Recently,...
Ethena’s Bitcoin Backing of USDe Raises Concerns of Terra Luna Repeat
Ki Young Ju, the CEO of data analytics platform CryptoQuant, raised concern about Ethena Labs’ decision to back its recently launched USDe stablecoin with Bitcoin. In an announcement on Thursday,...
Ethena Soars on Bullish Prediction and Binance Promotion – Can It Reach $10?
Ethena’s native cryptocurrency, ENA, surged significantly within a few hours of going live. The token launched on Tuesday and rallied from a listing price of $0.57 to $0.92 in less...
Aave Chain Initiative Founder Faults MakerDAO’s Proposed $1B Allocation Via Morpho Labs
According to Seraphim, Ethena Labs’ Head of Growth, MakerDAO is considering allocating up to $600 million DAI into sUSDe and USDe via Morpho Labs vault. Citing a post on the...
Ethena Eyes Growth Surge Backed by MakerDAO’s Stablecoin Power
Maker DAO, a decentralized blockchain protocol on Ethereum, has reportedly planned to invest $600 million in DAI into USDe and staked USDe (sUSDe) via the DeFi lending protocol, Morpho Labs,...
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