#ETHENA News

Best Crypto to Buy Now April 22

cryptonews.com holds to the north of $66,000, up 2.5% in the past 24 hours, and other major cryptocurrencies gain ground, crypto investors are scouring the altcoin markets for the best…

Users deposit $2bn in Zircuit, earning airdrop points from up to four protocols in the process

dlnews.com Users deposited over $80 million into Zircuit in the last 24 hours, bringing the total value of crypto assets deposited with the protocol to over $2 billion. This comes as…

Here Are Three New Altcoins Likely To Rip Over Next Couple of Weeks, According to Crypto Trader

dailyhodl.com A closely followed crypto strategist believes three new digital assets are about to soar in the coming weeks. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers…

Empire Newsletter: Bitcoin wasn’t a hedge

blockworks.co Where to, digital gold? Halving week is off to a tumultuous start. Cryptocurrencies whipsawed over the weekend on growing geopolitical concerns after Iran’s Saturday drone…

Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash

news.bitcoin.com This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its…

5 Worst Performing Cryptos To Avoid Post-Bitcoin Halving

coingape.com 5 Worst Performing Cryptos: Late Friday evening, Bitcoin underwent its fourth halving at block 840,000, reducing the mining reward from 6.25 to 3.125 new bitcoins per block.…

4 crypto underdogs that could be ready to shine in the bull run

coinjournal.net price is predicted to bounce back above $1.50. The Celestia (TIA) token is predicted to rise again and trade above $15. Experts predict that the SUI price will rise above…

SOL Traffic Jam on Bankless

bankless.com Solana is experiencing severe congestion, with last week. While many culprits exist, one in particular, , is certainly not doing anything to remedy the problem. and Helius…

Don’t call it a stablecoin: How did a ‘synthetic dollar’ generate a yield of 113%?

aol.com A cryptocurrency called USDe, from Ethena Labs, has become the fastest-growing dollar-denominated asset in crypto history. While it took the stablecoin titans Tether and…

Two years after blowing up his own fund, Zhu Su offers advice to $2B Ethena

protos.com Almost two years after its spectacular blow-up, Three Arrows Capital (3AC) co-founder Zhu Su has helpfully offered advice to Ethena on how to manage risk. Su’s fund blew up…

& THORChain (RUNE) Price Record Massive Gains; Here’s Where They May Reach This Week

coinpedia.org A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the…

Ethena in Trouble? ENA Price Falls 35% as Focus Turns to Upcoming Meme Coin Exchange Listing

cryptonews.com The governance token for synthetic dollar protocol Ethena (ENA) has shed 33% over the last week as it begins Friday morning UTC trading at $0.9632. While this is one of the…

Blofin Whales’ View: War, Gold and Crypto

beincrypto.com The rise in global uncertainty is one of the main reasons for the recent continuous improvement in the liquidity level of the crypto market, and it is also an important…

Bitget Wallet Rolls Out BWB Points Airdrop, Strengthening Collaboration with Ethena

coinjournal.net Victoria, Seychelles, April 19th, 2024, Chainwire Bitget Wallet, one of the largest Web3 wallets in Asia and recognized globally, has partnered with Ethena, an…

5 Best Crypto Airdrops to Invest in 2024

coinpedia.org The post 5 Best Crypto Airdrops to Invest in 2024 appeared first on Coinpedia Fintech News Airdrops have become one of the most effective ways to generate massive gains in…

Ethena’s ‘risky’ USDe has ‘an edge over Tether, Circle,’ but…

ambcrypto.com None USDe is better than Tether or Circle because they share yield with users, says Hayes • None However, USDe has risks worth understanding before jumping into it Ethena’s…

DeFi Rides the Ethena Wave on Bankless

bankless.com Investors are racing to get their hands on USDe Synthetic Dollar Surge. Ethena’s assets are being rapidly adopted across crypto! Why are protocols desperate to incorporate…

DeFi’s most notorious bot makes record 2024 profit targeting ENA traders

dlnews.com A trading bot targeting Ethereum users is taking advantage of a frenzy for Ethena’s new ENA token. Onchain data compiled by Dune user @kevinzzz shows that the bot, commonly…

Regulated Dollar Stablecoins Created by a Proposed New Senate Bill Would be Crypto’s Ultimate Trojan Horse

unchainedcrypto.com A new stablecoin bill proposed in the U.S. Senate embodies the duality of regulation: though its immediate purpose is to put up guardrails around one segment of the…

Empire Newsletter: Decision time in Mango Markets trial

blockworks.co Decision time in Mango trial Closing arguments in Avraham “Avi” Eisenberg’s criminal fraud trial wrapped yesterday. The jury was given the case around 3:30 pm ET and called…

Ripple to face off against Circle, PayPal with new USD stablecoin

dlnews.com Ripple will launch a new stablecoin later this year. The company behind the XRP Ledger blockchain broke the news on Thursday, betting that integrating it with its payments…

Ethena Founder Addresses Comparisons With Terra Luna’s Failed UST; 25x Price Gain Imminent on $RECQ Presale

coinpedia.org The post Ethena Founder Addresses Comparisons With Terra Luna’s Failed UST; 25x Price Gain Imminent on $RECQ Presale appeared first on Coinpedia Fintech News TLDR Ethena…

USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns

coindesk.com None In the event of negative funding rates, Ethena’s current reserve fund would only be sustainable if USDe’s market cap was below $4 billion. • None CryptoQuant says…

Could Stablecoin Ethena (USDe) Collapse Like Terra LUNA? CryptoQuant Investigates

cryptonews.com Emerging stablecoin Ethena (USDe) poses unique risks for holders compared to other dollar-denominated tokens, argued CryptoQuant in a new report on the matter. The Unique…

Ethena USDe Tops $2.3B Market Cap But Risks Identified

cryptopotato.com Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of digital money pegged to…

Parcl’s Airdrop Fell Flat. What Can Other Crypto Tokenless Projects Learn?

unchainedcrypto.com The results of Parcl’s Tuesday airdrop of PRCL tokens were far below expectations. Projected to trade between $1.5 and $2, the token is trading below $0.5. The total value…

Missed Ethena’s $500m airdrop? The DeFi project is already planning the next one

dlnews.com Airdrop chasers scooped up more than $500 million from Ethena’s first airdrop. The over 90,000 users who participated in Ethena’s six-week airdrop campaign — which kicked…

Ethereum To Plunge To $2,500 This Month? What’s Next For ETH And ENA?

coinpedia.org Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a…

CryptoQuant Reveals Two Key Metrics to Predict Ethena USDe’s Future

beincrypto.com Ethena’s USDe, a synthetic US dollar protocol on Ethereum, has quickly gained traction with a market cap exceeding $2 billion. Unlike traditional stablecoins, USDe is not…

Maker and Aave's Ethena Feud on Bankless

bankless.com Over $500 million in ENA was just to eligible claimants through Ethena’s first round of airdrops, but contention over the protocol is reaching a fever pitch on Crypto…

These five token launches make April a big month for airdrops

dlnews.com A version of this story appeared in our The Decentralised newsletter on April 2. Sign up here. GM, Tim here. Here’s what caught my DeFi-eye recently: April is set to be a…

Crypto Studies Solana's Book of Meme (BOME) on Bankless

bankless.com ETH took a dive despite a successful Dencun upgrade and BTC held flat but rampant Solana memecoin activity caused the SOL token to shoot the moon, up more than 30%…

What Do Investors See in Ethena? on Bankless

bankless.com Ethena Labs deposits into its synthetic dollar stablecoin to the public on February 19, injecting itself into the mind space of practically everyone on Crypto Twitter in the…

State of the Network’s Q1 2024 Wrap-Up

coinmetrics.substack.com Get the best data-driven crypto insights and analysis every week: In this special edition of State of the Network, we take a data-driven look at the most important events…

Arthur Hayes and Will Clemente on How This Bitcoin Halving Is Different

unchainedcrypto.com Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast…

The real risks to Ethena’s stablecoin model (are not the ones you think)

cointelegraph.com Ethena may not be as risky as Terraform Labs’ disastrous UST… but it’s not risk-free either. Here’s what you need to keep an eye on.

Best Crypto to Buy Now April 15

cryptonews.com CORE, NEO, PENDLE make the shortlist for best crypto to buy now. Image by cryptonews.com With cryptocurrency markets are choppy on Monday as traders weigh potentially easing…

USDe maintains full collateralization amid first market ‘stress test’

cryptoslate.com Ethena Labs, the entity behind the USDe synthetic dollar, has released the asset’s first attestation report, which shows the stablecoin remained fully collateralized over…

Ethena Introduces Monthly Custodian Attestations for USDe

coingape.com Ethena, the protocol of the stablecoin USDe, has introduced a new level of transparency. All integrated depositaries are now supplying attestation reports. These reports…

Analyst Says One Memecoin Setting the Stage for Stronger Rally, Names Altcoin Presenting Opportunity After Dip

dailyhodl.com An analyst known for making timely altcoin calls says one Dogecoin (DOGE) rival will make a huge comeback after the crowd takes their attention elsewhere. Pseudonymous…

USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

news.bitcoin.com The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals…

Bitcoin Falls 8%, Drops Below $62K Before Rebound

coindesk.com and the broader cryptocurrency market fell nearly 10% on Saturday, with the price of the largest digital asset briefly falling below $62,000 before recovering to around…

Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

news.bitcoin.com Following criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes introduced a risk…

Coinbase Wars On on Bankless

bankless.com Despite Crypto's hopes and expectations that the SEC's case would get tossed, with the SEC will instead continue following a court decision that allowed most claims to…

5 Altcoins to Buy for 10x Gains Before Bitcoin Halving

coingape.com Investors are constantly looking for investment opportunities besides Bitcoin, hence turning to altcoins. The crypto community is full of excitement, anticipating the…

Top Crypto Gainers of the Week

coingape.com The global crypto market cap has decreased 6.79% recently, impacting a lot of cryptocurrencies. Despite that, a few cryptocurrencies have successfully surged in value,…

Next Cryptocurrencies to Explode in 2024 Other Than Ethereum

coinpedia.org The post Next Cryptocurrencies to Explode in 2024 Other Than Ethereum appeared first on Coinpedia Fintech News While Ethereum (ETH) has been a dominant force in the crypto…

MakerDAO Founder Says Having “Rando’s” Participate in Governance Makes DAOs Unpredictable

thedefiant.io Rune Christensen was called out for adding USDe as collateral for MakerDAO. Imagine a world where the co-founder of one of the largest decentralized autonomous organizations…

Aave Reduces MakerDAO's DAI Collateral After Proposal to Completely Eliminate It

thedefiant.io Aave is decreasing DAI loan-to-value (LTV) ratio by 12 percentage points after MakerDAO added Ethena's USDe synthetic dollar as collateral. Aave, the largest lending…

Frax Stakers On Track To Earn $20.8M Annually After Fee Switch Activation

thedefiant.io Frax will distribute nearly $400,000 to veFXS stakers this week. Frax stakers are set to share around $400,000 worth of fee revenue after Frax became one of a few web3…

Zircuit Attracts More Than $1B In Pre-Mainnet Deposits Over Six Weeks

thedefiant.io Points and restaking farmers are directing their attention toward the little-known L2. Zircuit, an Ethereum Layer 2 network, has quietly amassed more than $1 billion worth…

Pendle TVL Approaches $4 Billion On Airdrop Farming Demand

thedefiant.io The yield trading protocol processed $530 million of trades on April 2 after launching new Ethena pools. Airdrop fever is accelerating after successful token launches from…

DeFi Projects Clash After MakerDAO Adds Ethena’s USDe As Collateral

thedefiant.io Nostra Finance is pausing new borrowing and lending of DAI, while a similar proposal has been floated in Aave’s governance forum. DeFi projects are up in arms with MakerDAO…

Maker DAO To Reduce Borrowing Fees And Increase Spark Debt Ceiling

thedefiant.io Fees will drop 2 ppts to 13%, while the debt ceiling will rise to $2.5 billion from $1 billion. MakerDAO, the decentralized lending protocol and issuer of the DAI…

Mantle Launches Rewards Portal With Ethena Shards Up For Grabs

thedefiant.io The Layer 2’s MNT token surged 40% after a listing on Korean exchange Upbit. Mantle, the Ethereum Layer 2 network that boasts crypto’s largest liquid treasury and nearly…

Ethena Insiders Could Dump ENA For New Ethena Rival Priced $0.04

ambcrypto.com Where fortunes can pivot on the dime, a new narrative is emerging that could potentially redefine investor loyalty and market dynamics. Insiders at Ethena (ENA), a dominant…

Price Rally to $2 Begins Amid Massive Whale Buying

coingape.com price has witnessed a spectacular rally of 329% ever since the ENA token launch and its inception price of $0.29. As of press time, ENA is trading at $1.45 with its market…

Binance Launchpool Adds Omni Network (OMNI), What’s Next?

coingape.com Binance, the renowned cryptocurrency exchange, has sparked discussions in the digital currency realm with its latest addition to the Binance Launchpool. Notably, the…