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Renowned crypto researcher AlΞx Wacy has ignited speculation about the beginning of the altcoin season, signaling potential surges for select altcoins amidst a $277.174 billion market cap. Meanwhile, Wacy suggests that only about 15% of altcoins may generate returns ranging from 10x to 100x during this anticipated altcoin season.
A closely followed crypto strategist is warning that Bitcoin (BTC) may not yet be done correcting. Pseudonymous analyst Altcoin Sherpa tells his 215,800 followers on the social media platform X that only after Bitcoin reclaims the $60,000 level will he have more confidence a bullish reversal is occurring.
Coinbase, a leading crypto exchange, has caught the eyes of the traders in the crypto market with its recent announcement regarding three prominent cryptocurrencies: AEVO, Ethena (ENA), and ether.fi (ETHFI). The decision to list these assets on its platform has ignited speculation across the crypto market, with traders and enthusiasts eagerly anticipating the potential impact on
Ethena (ENA) pumped 12% today, making it the second-best gainer among the top 100 altcoins in an overall red market. The primary reason for this surge is likely related to Coinbase listing ENA for perpetual futures trading.
When the whole crypto market is focused on all the big fishes, a few small fishes, or to be precise, small market cap altcoins get ignored. These small-cap altcoins have the potential to return three times the investment.
The crypto market remains somewhat bearish, but coins to buy like GALA, Scallop, Ondo, Ethena, and Brett show signs of an imminent upswing. Each coin provides unique technological advancements and boasts strong community engagement.
Here is how some of your favorite assets concluded the week.
Following a cryptocurrency market crash and the recent Bitcoin halving, investors are keen to understand how digital assets such as Solana (SOL) and Ethena (ENA) are performing to navigate the volatile crypto market. This article explores the market dynamics of SOL and ENA, providing an in-depth analysis to help investors decide whether to purchase, sell,
The cryptocurrency market faces bearish pressure, led by Bitcoin (BTC), struggling to maintain its position above the $60,000 mark. This market movement is widely interpreted as part of Bitcoin's historical post-halving retracement pattern, wherein the sector experiences a dip before rallying.
The analysis of Ethena's stablecoin and Bitcoin for the first quarter of 2024, according to CoinGecko's report.
Cryptocurrency prices bounced back after Bitcoin's software went through its fourth halving on Friday and as geopolitical risks faded. Bitcoin jumped to over $64,000 while Arweave (AR), Ethena (ENA), and THORChain (RUNE) prices soared by double-digits. Cryptocurrencies outperformed technology stocks, which continued their deep sell-off.
Ethena (ENA) Price Analysis Ethena, an Ethereum-based synthetic dollar protocol, has triggered a bullish breakout beyond the resistance. One of the main reasons behind the surge is anticipated to be followed by a collaboration with Bitget Wallet. This enables users to engage with Ethena via Bitget's wallet browser extension and mobile application.
A widely followed crypto analyst and trader is expressing bullish sentiment on a Solana (SOL) competitor while offering his forecast on three altcoins.
Ethena's USDe has recorded explosive growth over the past month. Can it compete with Tether and Circle given its inherent risks?
With only 395 Blocks remaining for the next Bitcoin Halving, the cryptocurrency industry continues to display a significant correction in valuation. Top tokens continue to hover close to their important levels, indicating increasing selling pressure in the crypto space.
The crypto markets are plunging, with the majority of the tokens slumping below their immediate support and heading towards the key support levels. Meanwhile, Coinpedia has picked some 100x gems, which may trigger a healthy upswing in the coming days.
Cryptocurrency prices remained under pressure this week as a risk-off sentiment spread in the market and the countdown towards halving continues. Bitcoin has gone nowhere as it remains a few points below the year-to-date high of $33,400. The plot thickened on Wednesday after the US published strong inflation data.
A widely followed crypto strategist believes that one Ethereum (ETH) rival could have a strong performance this year. Pseudonymous analyst Altcoin Sherpa tells his 214,300 followers on the social media platform X that Fantom (FTM) could soar more than 15% from its current value.
In a recent governance vote, MakerDAO, the decentralized autonomous organization behind the Dai stablecoin, has approved an expansion of its direct deposit module's deb.
Binance, one of the leading cryptocurrency exchanges, has significantly broadened its support for a range of cryptocurrencies, including meme coins like PEPE, and WIF, and trending tokens such as Jupiter (JUP) and Ethena (ENA). Notably, this move comes as a testament to Binance's commitment to offering a diverse array of trading options to its users,
The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin's bull market to new heights.
Confidence in the project continues to grow despite relatively valid concerns.
This allocation aims to broaden MakerDAO's collateral exposure by incorporating Ethena's USDe into its ecosystem via Morpho.
Bitcoin collateral for Ethena's USDe synthetic dollar has exceeded $500 million less than a week after its introduction. The platform's website data showed approximately $537 million in Bitcoin reserves across various exchanges such as Binance, OKX, and Deribit.
