Arthur Hayes is a famous crypto investor, executive and influencer, co-founder of BitMEX and CIO of his family office Maelstrom Fund. Just recently, Hayes dumped over $10 million of the Ethena (ENA) cryptocurrency, a project he has funded and supports.
Bitcoin's recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
Ethena (ENA) didn't let the significant sell-off by Arthur Hayes deter its uptrend. Hayes, after publicly supporting Ethena Labs, unstaked 9 million ENA and sent 7 million ENA ($8.44 million) to Binance today.
Ethena erased some of the gains made on Friday, Dec. 12, after on-chain data showed that Arthur Hayes was selling. Ethena (ENA) token retreated to $1.10, down from an intraday high of $1.2240.
Arthur Hayes, former CEO of BitMEX and one of crypto's most infamous market players, just pulled off a move that has the entire community talking. He dumped $8.4 million worth of Ethena's ENA tokens on Binance, just two hours after praising the project in a tweet.
Story Highlights The live price of the Ethena token is . The ENA price could reach a maximum of $1.70 in 2024. Ethena price with a potential surge, may reach $7.34 by 2030. With high anticipation of an intensified bull run in 2025, top tokens are preparing for an altcoin season.
Ethena loses its weekly gains as Bitcoin drops under $100,000. The whales' support will remain the last bullish hope for Ethena for a bounce back above $1.
With Donald Trump's inauguration fast approaching, there are some cryptos that investors should be looking to have in their portfolio. This is based on the fact that these coins could record a two times increase in their price, considering the president-elect's pro-crypto stance.
ENA, the native token of the decentralized finance (DeFi) protocol Ethena, has become the top altcoin gainer in the past 24 hours, recording an 8.50% price increase.
Ethenas price surged 10 percent to $1.20, defying the crypto market crash. Whale accumulation and a high-profile partnership with Donald Trumps World Liberty Financial have driven the tokens rally, signaling bullish momentum for the growing ecosystem.
Ethena partners with World Liberty Financial to integrate its sUSDe token, offering dual rewards and boosting stablecoin liquidity through Aave's platform.
Ethena's ENA token price increased 10% to $1.20 amid major whale accumulation and a new partnership with World Liberty Financial, while its USDe stablecoin surpassed $6 billion in market capitalization.
Defying the broader crypto market correction, Ethena price has surged 10% to $1.2 in the last 24 hours. This bullish push comes amid strong ENA whale accumulation and a recent collaboration with Donald Trump's crypto project World Liberty Financial.
Ethena (ENA) has been gaining significant attention in the cryptocurrency space, especially after a notable whale move that could signal further price appreciation. A newly created wallet recently acquired a massive 5.29 million ENA tokens, valued at $5.92 million.
World Liberty Financial, a cryptocurrency project backed by President-elect Donald Trump, announced a strategic partnership with decentralized finance protocol Ethena Labs (CRYPTO: ENA) on Wednesday What happened: Ethena Labs stated on X that a proposal has been submitted to explore Ethena Staked USDe (CRYPTO: sUSDe), a reward-bearing stablecoin, as a collateral asset on the upcoming protocol. Ethena has entered into a strategic partnership with @worldlibertyfi A governance proposal has been submitted to add sUSDe to WLFI's upcoming Aave instance as a core collateral asset pic.twitter.
World Liberty Financial (WLFI), Donald Trump's ambitious crypto project, just spent $250,000 USDC to snag 231,726 Ethena (ENA) tokens through Cow Protocol. This bumps their ENA holdings to 741,687, according to data from Arkham Intelligence.
A newly created wallet has acquired a significant 5.29 million ENA tokens from Binance.
Ethena Labs has announced a strategic partnership with Donald Trump-backed World Liberty Financial (WLF). As part of the collaboration, Ethena aims to integrate its sUSDe token, a staked version of its USDe synthetic dollar, into WLF's forthcoming Aave v3 instance.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Ethena Labs (ENA), a synthetic dollar protocol backed by BitMEX founder Arthur Hayes, is announcing a partnership with President-elect Donald Trump's decentralized finance (DeFi) project. In a new announcement on the social media platform X, Ethena Labs says it has entered into a strategic partnership with World Liberty Financial (WLFI).
Ethena has built a voting proposal for adding USDe as a major collateral asset to World Liberty Financial. The vote will take place after the official approval and launch of World Liberty Fi, the DeFi project backed by the Trump family.
Ethena Labs has partnered with World Liberty Financial to integrate its yield-bearing token, sUSDe, into WLFI's DeFi platform, aiming to enhance stablecoin liquidity and user rewards through a proposed governance initiative. The post Ethena Labs Partners with World Liberty Financial to Add sUSDe to Aave appeared first on Cryptonews.
Ethena Labs announced today that it is partnering with World Liberty Financial (WLFI), Donald Trump's token project. Together, they will list the sUSDe token from Ethena as a collateral asset on WLFI's Aave v3 instance.
Ethena Labs wants to integrate its staked synthetic dollar with World Liberty Financial, a DeFi protocol backed by President-elect Donald Trump.
Ethena Labs proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) on Dec. 18. The proposal stated that this partnership would boost capital efficiency and liquidity in WLFI's new Aave instance.
The announcement comes fresh on the heels of World Liberty's purchase of $500,000 worth of ENA tokens.
TL;DR World Liberty Financial, backed by Donald Trump, is seeking a long-term collaboration with Ethena Labs, starting with the integration of sUSDe as collateral in its DeFi protocol.
Ethena Labs has announced a strategic partnership with World Liberty Financial (WLFI), a cryptocurrency project backed by President-elect Donald Trump. The collaboration aims to enhance stablecoin liquidity and boost user rewards across WLFI's DeFi platforms.
World Liberty Financial has partnered with Ethena Labs to integrate Ethena's yield-bearing token, sUSDe.
The two firms are looking at "long-term collaboration" that will kick off with an implementation of the Ethena's yield-bearing token, sUSDe.
USDtb has reportedly passed rigorous audits and is backed by custodians like Copper and Coinbase Institutional.
The $ENA utility token underpinning crypto-native synthetic dollar protocol Ethena has risen 13% in the last seven days, outperforming market leaders Bitcoin ($BTC) and Ethereum ($ETH) over the same period.
Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock's BUIDL fund, featuring cross-chain functionality and multiple security audits, while showing strong market performance through its native token ENA.
Ethena Labs launched its USDtb stablecoin, backed by BlackRock's USD Institutional Digital Liquidity Fund while clocking $65 million in total-value-locked (TVL) on the first day.
This stablecoin is backed by BlackRock's BUIDL token, a money market fund tokenized with the help of Securitize. The big idea?
Ethena, an innovative platform in the DeFi world, has announced the launch of the stablecoin USDTB, backed by BlackRock.
Ethena has launched its new stablecoin, USDtb, backed primarily by BlackRock's BUIDL fund.
Ethena Labs has launched its BlackRock-backed USDtb stablecoin, attracting $65.4 million in total value locked within its first 24 hours.
Ethena's USDtb has already amassed more than $65 million in total value locked on the opening day.
Ethena Labs announced the launch of its USDtb stablecoin, which will leverage BlackRock's tokenized fund, USD Institutional Digital Liquidity Fund (BUIDL), for 90% of its backing. According to the Dec. 16 announcement, the partnership was facilitated by Securitize.
Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock's USD Institutional Digital Liquidity Fund, offering a 1:1 reserve ratio and designed for seamless transfers across multiple networks, enhancing stability and liquidity. The post Ethena Labs Launches USDtb Stablecoin Backed by BlackRock Liquidity Fund appeared first on Cryptonews.
Ethena Labs is announcing the launch of a new US dollar-pegged stablecoin that will be backed by BlackRock's USD Institutional Digital Liquidity Fund (BUIDL). According to a new announcement from the Arthur Hayes-backed crypto protocol, the new stablecoin, USDtb, will be Ethena's second stablecoin offering, following the project's flagship stablecoin USDe.
Ethena Labs launched a new stablecoin today called ‘USDtb.' Nearly 90% of the stablecoin's reserves are backed by BlackRock's BUIDL tokenized fund.
Ethena Labs has introduced USDtb, a stablecoin that's got the backing of Blackrock's USD Institutional Digital Liquidity Fund (BUIDL). Ethena Unveils USDtb, a New Stablecoin With Blackrock Support Crafted in collaboration with Securitize, a top dog in real-world asset (RWA) tokenization, USDtb brings cash-backed steadiness and the magic of cross-chain operations to the table.
Ethena Labs has launched USDtb, a 1:1 dollar-pegged stablecoin with multiple utilities in view.
TL;DR Ethena has launched its much-anticipated stablecoin, USDtb, backed by BlackRock's BUIDL fund, marking a significant milestone for the company. USDtb is designed to provide a stable and secure digital asset, with over 90% of its reserves held in BlackRock's BUIDL fund and the remaining 10% in stablecoins to facilitate redemptions.
Ethena Labs introduces USDtb stablecoin backed by BlackRocks BUIDL, designed to stabilize USDe and provide cross-chain transfers on LayerZero. The post Ethena Labs debuts USDtb backed by BlackRock's BUIDL appeared first on Crypto Briefing.