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Lido DAO (LDO) and Ethena (ENA) are two of the biggest losers in the past 24 hours as the market reacts to the latest crypto regulatory news. Despite this, optimism around Bitbot (BITBOT) is high as the community claims tokens after a successful presale.

The cryptocurrencies Optimism (OP), Sui (SUI), and Ethena (ENA) are among the coins set to witness massive liquidations in the coming days. This is primarily attributable to enormous token unlocks looming over the crypto horizon.

Ethena's USDe will grow its presence on Pendle and Aave. Ethena's USDe tries to build liquidity pairs on multiple protocols, to ensure its price stability and good reputation among traders.

Amid increased price volatility in the crypto market, the altcoin leader, Ethereum price, continues to record a consolidated price action by trading in a range between $3.3K and $3.4K. However, the altcoin is on the verge of testing its upper level, indicating increased bullish sentiment.

Binance Futures has updated the leverage and margin tiers for FETUSDT, ENAUSDT, IOUSDT, ARUSDT, and WUSDT USDⓈ-M Perpetual Contracts.

Following the conclusion of Ethereum's ongoing case with the SEC, the cryptocurrency market has experienced a strong bullish reversal with top tokens recording significant gains in their respective valuation. Moreover, the Ethereum price has jumped 3.5%, resulting in it reclaiming the $3.5K mark.

As the second half of 2024 begins, the cryptocurrency market continues to experience a significant downturn, impacting the market capitalization of numerous digital assets.

Synthetic USDe offers traders a way to hedge against market volatility and manage risk more effectively when trading on margin.

Ethenas' synthetic dollar, USDe, has quickly reached a $3 billion supply just four months after its launch.

With the superiority of gains in the heat map, the crypto market is in bullish conditions. Moreover, the fear and greed index has reported the greed zone running for days, indicating the perfect time to buy more cryptos before the bull run takes over.

The altcoin leader, Ethereum Price, has successfully reclaimed the $3,900 mark over the past weekend by adding approximately 5% to its portfolio. With this, the ETH-based tokens have continued to record a bullish market-like situation.

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

New wallets and first-time accumulators have withdrawn a staggering $76.95 million worth of six Ethereum ecosystem tokens from crypto exchanges (CEX) over the past week. The Ether tokens involved in these massive withdrawals include Lido DAO (LDO), Ethereum Name Service (ENS), Ethena (ENA), Pepe Coin (PEPE), Uniswap (UNI), and Aave (AAVE).

The cryptocurrency market has recorded a negative price action despite approval of the spot Ethereum ETF by the SEC. following this, top Ethereum-based altcoins have displayed a similar trend by experiencing a significant correction in their respective portfolios.

Ethena's synthetic dollar cryptocurrency, USDe, has experienced a significant increase in market capitalization, surpassing $2.66 billion.

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies.

The recent surge in Bitcoin's price above $65,000 on Wednesday has ignited a fresh relief rally in the crypto market. Top altcoins are also benefiting from this upward momentum, rebounding from their previous correction trends.

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Within a few hours only, the whole dynamics of the market sentiments changed from neutral to greedy, causing a bullish situation for the market. Not only have the sentiments altered, but the performance of the cryptocurrencies has also changed, with some gaining huge peaks and some declining.

Binance, a leading player in the crypto exchange realm, has sparked a discussion with its recent announcement to expand support for several cryptocurrencies, including Pepe Coin, dogwifhat (WIF), and Worldcoin (WLD). Notably, this move gained notable traction from the crypto community, with speculations rife about the potential impact on the prices of these digital assets.

Binance introduces a taker fee promotion for spot and margin altcoin trading pairs.

In a post on X, one analyst now claims traditional fiat-backed stablecoins like USDT and USDC should prepare for a “major” attack due to the increasing popularity of Ethena's USDe. The warning follows Ethena and USDe's integration with Bybit, a crypto exchange allowing perpetual trading.

The top crypto prices today registered further declines as the Bitcoin (BTC) price extended lower than the $63,000 level. Furthermore, the Ethereum (ETH) price geared up to drop below the $3,000 mark amid the bearish downturn.

Bybit is integrating Ethena Labs' synthetic dollar, USDe, as a collateral asset and in spot trading pairs for bitcoin and ether.