TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.

Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.

Alchemy Pay has partnered with Ethena Labs to enable direct fiat purchases of USDe and ENA using regular payment methods.

RedStone has expanded its support for Ethena Labs' stablecoins USDe and sUSDe to the BNB Chain, triggering a 14% price surge.

Bitcoin and most cryptocurrencies slumped on Thursday, with their total market capitalization plunging by over 5.7% to $2.6 trillion. Pi Network (PI) was one of the worst performers as it dropped to a record low of $0.

Many crypto tokens have recovered this week as investors moved back to risky assets. This surge has brought the cryptocurrency market valuation to nearly $3 trillion.

KuCoin has introduced new USDC trading pairs for Stellar (XLM), Toncoin (TON), and Ethena (ENA). Following the announcement, the prices of all three tokens saw modest gains as traders responded to the development.

Stablecoins surpass Visa, Mastercard in transaction volume, signaling a major shift in global finance.

Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%.

Here is how some of your favorite assets concluded the week.

Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.

Asset manager HANetf has introduced leveraged and inverse crypto ETCs, offering traders a new way to bet on Bitcoin and Ethereum price swings.

XRP price has pulled back in the past few days, and is at risk of further downside after forming a head and shoulders pattern on the daily chart. Ripple was trading at $2.3515 on Saturday, down by over 30% from its highest level this year.

The crypto market today continues to spark investor uncertainty, showcasing riveting movements. Bitcoin (BTC) price stagnates around $85K as the week comes to an end, whereas altcoins mimic a volatile trajectory.

The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.

Ethereum Classic (ETC) has been making notable moves in the market recently, displaying bullish signals after bouncing from a significant demand zone. The cryptocurrency surged by 8% after testing and rejecting the $17 support level, indicating potential for further upward momentum.

ETC is sparking reversal signals with its prices accumulating a bullish momentum after retesting a key demand zone.

Ethena Labs' USDe continues to make moves to position itself as a logical alternative to USDC and USDT as the stablecoin competition heats up. The latest in a series of progressive moves Ethena Labs has made regarding USDe involves Bybit, one of the largest exchanges in the industry right now.

Bitcoin Suisse, an institutional-grade crypto services provider, is expanding its digital asset offerings with access to four new tokens.

Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has recently criticized Ethereum following the significant security breach experienced by the cryptocurrency exchange Bybit.

Here is how some of your favorite assets concluded the week.

Ethereum Classic (ETC) has been facing a challenging period as its market dynamics show signs of shifting. After an initial surge in Open Interest (OI) at the start of February, indicating increased trader participation, the enthusiasm seems to have waned.

With trading volume weakening, ETC is at a critical juncture. Will it reclaim key resistance levels or fall further?

Ethereum Classic (ETC) is beginning to attract more attention from investors. Rising trading volume and increased investor interest have positioned ETC as a potential alternative to Ethereum (ETH), which has been facing mounting challenges recently.

With rising trading volume and increasing investor confidence, ETC is positioning itself as a potential alternative to ETH.

Ethereum Classic (ETC) continues to captivate crypto traders with its soaring Open Interest, robust Proof of Work security, and growing appeal among investors.

With the official statement and the signing of the crypto executive order by Donald Trump, the cryptocurrency market has experienced a strong bullish U-turn. The altcoin segment recorded the highest attention, resulting in the rising speculations of the fast-coming altcoin season.

The altcoin space plummeted over the past day as Donald Trump failed to comment on cryptocurrency during the inauguration ceremony. While most assets endured significant declines, TRUMP (Official Trump), Dogecoin, and Ethena attracted attention due to separate post-inauguration events. Let us find out more.

Immediately after Trump's inauguration ceremony, World Liberty Financial spent $110 million in stablecoin to purchase various crypto.

The team behind President Donald Trump's crypto operations is on an aggressive accumulation spree of crypto assets before and during the 2025 inauguration ceremony.

World Liberty Financial has ramped up its investment activity, spending $109.1 million across six cryptocurrencies in a single day. The fund allocated $47 million within the past hour to acquire 7,022 ETH worth $23.5 million, 174.1 WBTC for $18.8 million, and 5.037 million ENA tokens valued at $4.7 million.

World Liberty, backed by Trump, acquired $70M in ETH, LINK, AAVE and TRON, significantly boosting its portfolio to $325M. The post Trump-backed World Liberty buys $70M in ETH, TRX, LINK, AAVE, and ENA appeared first on Crypto Briefing.

Donald Trump-affiliated project World Liberty has diversified its treasury even further with these recent token purchases.

A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.

Ethereum Classic (ETC) faces critical price levels, with technical indicators signaling mixed conditions.

Bitcoin (BTC) dipped to its lowest level since November as its post-election rally lost steam. BTC fell to an intraday low of $91,314 before recovering to its current level of $93,311.

Ethereum Classic (ETC) is catching the attention of investors and traders alike. With a current price of around $28, many are wondering: can Ethereum Classic reach $50 or more by 2025?

TL;DR Ethena surpasses DAI and reaches a $6 billion market capitalization with its stablecoin USDe, standing out in the sector. The integration of sUSDe into Aave drives over $1 billion in inflows in just a few weeks, attracting large investors. Ethena launches USDtb, a stablecoin backed by U.S.

Bitcoin bulls keep pushing for $100,000, and if they make it, SUI, ENA, SOL and ICP could also break out.

The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.

The crypto market has gotten off to a flying start to 2025, recovering from recent losses as investor optimism returns. Bitcoin (BTC) crossed $95,000, reaching an intraday high of $97,721 before registering a marginal drop and dropping to its current level of $96,712.

The crypto market is abuzz as institutional investors gear up for what could be a transformative phase. Altcoin Daily analyzes the crypto market insight of Dan Morehead, founder of Pantera Capital, who emphasizes the massive potential of altcoins in driving this next wave of adoption.

Cryptocurrencies resumed their uptrend on Thursday as many investors returned from the Christmas and New Year holidays. This rebound in the crypto and stock market in the early days of the year is known as the January Effect. This January Effect is important because of the potential catalysts that may push crypto prices higher.

Ethena price rises for two straight days as annual revenue increases and a Chainlink whale buys its token. Ethena (ENA) rose to an intraday high of $1.

Grayscale updates its Top 20 tokens for Q1 2025! New additions include Hyperliquid, Ethena, and more, with Optimism and Chainlink making a comeback.

TL;DR The crypto market is set for significant token unlocks next week, including SUI, Optimism, Ethena, and more, with a total value exceeding $832 million. SUI will lead the releases with 64.19 million tokens valued at $263.20 million, followed by Optimism with 31.34 million tokens worth $58.30 million, among other notable projects.

Grayscale's focus on emerging tokens highlights shifting market dynamics, emphasizing decentralized AI and Solana's growing influence in 2025. The post Grayscale lists HYPE, VIRTUAL, ENA, JUP among high potential tokens for Q1 2025 appeared first on Crypto Briefing.

Check out the top 5 RWA tokens that could grow big by 2025. These tokens have the potential to multiply your investment.