AAVE whale has sold 19001 tokens worth $6.5 million scooping $4.93 million in profit.
Tether and a top third-party cryptocurrency exchange have announced a chain swap that will move $1 billion USDT from other blockchains to the Tron network. On Jan.
FUD on Tether and EU regulations: the community criticizes the unfounded speculations.
Ripple's XRP has flipped Tether's USDT stablecoin to claim its spot as the third-largest crypto coin by market cap. The coin now only trails behind Bitcoin and Ethereum.
Tether (USDT), the largest stablecoin by trading volume, has reclaimed third place in the ranking of digital assets by market capitalization. USDT displaced XRP after an additional $0.6 billion boost to its market cap in a few days.
TRON remains one of the most active venues for USDT activity, becoming the leader for professional-grade and whale-scale transactions.
Ethena shows strong technical indicators and consistent growth across multiple timeframes, with a potential target of $2.44
Tether USDt's trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.
In this article, we look at the latest relevant news of the Aave project, a decentralized crypto protocol with $37 billion in TVL.
ENA's recent activity among whales and retail traders places the asset in a favorable position.
Bitcoin bulls keep pushing for $100,000, and if they make it, SUI, ENA, SOL and ICP could also break out.
Here is how some of your favorite assets concluded the week.
Aave, a leading decentralized finance (DeFi) platform, is gearing up to introduce a fee switch mechanism aimed at boosting its economic model.
The crypto project backed by BitMEX founder Arthur Hayes wants to explore a potential market for financial services on the messaging platform Telegram. In a statement, Ethena Labs says it's mulling building a Telegram-based savings and payment application this year as it sees a $50 billion market for its synthetic dollar USDE.
Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.
Ethena Labs, a prominent player in the world of synthetic dollars, has unveiled an ambitious 2025 roadmap designed to enhance the accessibility and usability of its innovative financial products. Central to the plan is the integration of iUSDe, a synthetic dollar variation, into traditional finance (TradFi) portfolios, offering attractive 20% annual percentage yields (APY) to investors seeking stable returns in the current economic climate.
Leading DeFi protocol Aave plans to enable a Fee Switch for its users, distributing part of its revenue to its token holders. The lending platform founder, Stani Kulechov, disclosed this in a post on X, stating, “Fee switch incoming.
Ethena (ENA) has garnered significant attention in the crypto space, surging by over 11% in the past 24 hours and pushing its market capitalization to a solid $3.5 billion. This rally is driven by a range of strong technical indicators that suggest the token may have more room for growth in the near future.
XRP has recorded gains in the past 24 hours to flip USDT as the third largest asset by market cap. The asset has attained this feat for the second time in 30 days after it topped USDT temporarily in December 2024.
Aave remained in a tight range on Saturday, but a combination of strong technicals and soaring deposits means that it could rebound soon.
A new proposal to hardcode the price of Ethena's USDe to match Tether's stablecoin USDT in Aave's pricing feed has seen huge pushback from community members. The proposal, jointly authored by Chaos Labs and LlamaRisk claims to protect Aave users from secondary market fluctuations.
In 2024, Ethena (ENA) was one of the cryptocurrencies that shined the most, gaining major attention from investors. However, things might go to another level after its strategic growth and new development plans.
Ethena (ENA) is showing strong bullish momentum, breaking key resistance levels and attracting steady capital inflows.
As the market enters 2025, XRP, the cryptocurrency that has garnered global investor interest in recent months, has begun the year exceptionally well. The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024's price correction.
Ethena Labs unveiled its 2025 roadmap on January 3, introducing a Telegram-based payment and savings application leveraging its sUSDe stablecoin.
Ethena (ENA) price has surged over 11% in the last 24 hours, bringing its market cap to $3.5 billion.
Ethena protocol reveals an ambitious roadmap for 2025, planning major expansions into TradFi and introducing new products after achieving remarkable growth, with its synthetic dollar USDe becoming the third-largest USD asset in crypto.
Ethena Labs published its roadmap for 2025 on Jan. 3, which included the reveal of a Telegram application for payments and savings based on its sUSDe stablecoin, aiming to offer a “neobank experience.” The initiative allows users to send, spend, and save sUSDe directly within the messaging app.
As Ethena unveils plans to expand its product suite and penetrate traditional finance, the protocol's native token, ENA, has experienced a surge in price and trading activity. The synthetic stablecoin protocol aims to cement its position as a “neobank,” introducing innovative products such as iUSDe and Telegram-based payments in early 2025.
The breakout stablecoin protocol is launching a token geared towards FinTech incumbents and a Telegram-based payments app in Q1 2025.
Tether's general counsel resigns as USDT faces uncertainty over compliance with new EU crypto regulations.
XRP's market cap has surged to $141 billion, once again overtaking USDT and regaining the third spot in cryptocurrency rankings. This growth is driven by increased whale activity, Ripple's release of 500 million XRP from escrow, and substantial trading volumes on South Korea's Upbit exchange, indicating rising investor interest. The post XRP Surpasses USDT Securing Third Place with a $141B Market Cap appeared first on Cryptonews.
Ethena plans to offer access to staked USDe (SUSDe) to TradFi investors. In Q1, Ethena will bring in new clients, expanding the influence of its stablecoin.
XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP's market cap is nearing the $140 billion threshold.
TL;DR Ethena reached a supply of $6 billion USDe in just 10 months and exceeded $1.2 billion in annual revenue in December 2024. The platform consolidated its presence in the centralized exchange market, with USDe being used as collateral in 60% of these, and launched USDtb with BlackRock's backing.
Ethena's “singular focus” for the first quarter of 2025 is the distribution of the “TradFi Wrapped” iUSDe synthetic dollar.
XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether's stablecoin.
Ethena 2025 roadmap has been announced, with plans to launch iUSDe next month and initial distribution partners to be announced soon.
The crypto markets closed 2024 on a shaky note, with fears surrounding Tether (USDT) dominating social media. Many speculate that Tether's compliance with Europe's MiCA regulations could trigger a market crash. However, the narrative may be overblown according to Michael Van de Poppe.
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 decentralized finance (DeFi) ecosystem experienced a remarkable comeback in 2024, culminating in a Total Value Locked (TVL) of $154 billion by December, the highest in two years. A key player in this revival is Aave (AAVE), which has emerged as the largest DeFi platform, achieving unprecedented growth and cementing its dominance.
Aave CEO recently announced plans to launch new innovative contracts on Lens Network. Smart contracts for social feeds and groups, ERC-20 new versions, and innovative ERC71 contracts are some of the highlights.
The price of XRP increased by over 1.6% in the last 24 hours to trade at $2.42. It has now overtaken Tether's USDT to secure the third spot in the crypto rankings by market capitalization.
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.
The T3 Financial Crime Unit (T3 FCU), a collaborative effort between stablecoin giant Tether, the TRON blockchain, and blockchain intelligence company TRM Labs, has achieved a notable milestone by freezing over $100 million in criminal assets across the globe.
Leading decentralized finance (DeFi) platform Aave has reached a significant milestone, hitting $35 billion in total net deposits. This marks Aave's new all-time high (ATH) in net deposits since 2021.