The program will last for 30 days and points will be convertible to Arkham's native token, ARKM.

Since Donald Trump's win in the U.S. presidential race, the cryptocurrency market has been booming. It surged 30%, with the global market cap reaching a record $3 trillion, while Bitcoin reached a record-breaking $93k.

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Bitcoin hit a new all time high but a price correction maybe due.

A crypto user accidentally sent $25 million worth of restaked ether tokens to the wrong address on the Renzo platform.

With Donald Trump's win in the 2024 US elections, the crypto market is experiencing a fresh rally — and AI coins are not being left behind. This week, a number of these AI-focused tokens have seen notable price increases and a surge in investor interest.

The price of Ethena (ENA), the native token of the Euler Labs platform, has surged dramatically by 41% in the past week, attracting the attention of investors and traders alike. This impressive rally has left many wondering: Could ENA be on track to hit $1?With recent bullish signals, growing market activity, and exciting developments from Euler Labs, Ethena's ENA token seems to be entering a promising phase.

New rewards could be in the works for Ethena token holders via Wintermute's governance proposal. Ethena Token Holders Set to Enjoy New Rewards Wintermute has suggested a governance change that would implement a “fee switch”, distributing a percentage of Ethena's (ENA) earnings directly to holders.

Ethena is a financial protocol built on the Ethereum blockchain, designed to provide a synthetic dollar solution that operates independently of traditional banking systems. Whale Accumulation- Recent activity from large investors (or whales) in Ethena (ENA) has greatly impacted its price.

To ensure sENA holders benefit from Ethena's revenue, Wintermute proposed a fee switch framework.

TL;DR Wintermute has proposed a governance change to reward Ethena (sENA) token holders by introducing a “fee switch” to allocate a portion of Ethena's revenue directly to them. The proposal aims to ensure a fair distribution of Ethena's revenue, addressing the gap between the protocol's financial performance and the benefits for staked token holders.

The Ethena community is currently reviewing a proposal from crypto market maker Wintermute to activate a fee switch within the protocol. In the Nov. 6 proposal, Wintermute highlighted the lack of clarity regarding the revenue distribution for Ethena's ENA token.

The probability of a strong altseason has increased as the Bitcoin price has risen. Moreover, the growing Bitcoin dominance fueled the expectation, which appears to become viable as the altcoins continue to gain strength. Presently, the dominance has reached levels around 60% from where the famous 2021 bull run was instigated.

ENA is flashing bullish signals, but how far can these signals take it?

Wintermute's proposed solution is to activate a “fee switch”, which would allocate a portion of Ethena's revenue directly to sENA holders.

The proposal also asked for more transparency on the past and future revenue allocation of the Ethena protocol.

DOGE, ENA and XMR rallied amidst volatile BTC price action before US elections.

A surge in whale activity is often a catalyst for price volatility and bullish trends.

The anticipated crypto bull run has investors closely watching top digital assets showing strong weekly performances. Recently, with the surging in value, these cryptocurrencies are positioned to double in price as market sentiment improves potentially.

Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.

Ethena is a financial protocol built on the Ethereum blockchain, designed to provide a synthetic dollar solution that operates independently of traditional banking systems. In mid-October, big investors bought around 5.4 million ENA tokens worth about $2.3 billion.

Dogecoin's recent performance has injected optimism into the broader cryptocurrency market as the token approaches a pivotal resistance level. The digital asset, which had stagnated near $0.1, has surged with growing bullish sentiment and increasing volume. This upward trend hints at Dogecoin's potential to break out and reach a target price of $0.15.

As speculation surrounding potential outcomes from next week's U.S. election intensifies, Bitcoin surged past $71,000 hitting a new all-time-high, igniting double-digit gains across altcoins like DOGE, ENA, POPCAT, and BSV. On Oct.

Ethena Labs remained on investor radar this week after crypto investigator Nomad claimed that the team owns approximately 25% of staked ENA assets in the current season 3 farming event. Nomad stated that this might dilute rewards for unsuspecting users, with those holding stablecoin USDe highly vulnerable.

The ENA token price has increased by 15.68% in the past 24 hours, reclaiming the market cap of $1B. Inching closer to the psychological mark of $0.50, the altcoin is teasing a potential triangle breakout rally.

In a surprising move, the Bitcoin price closed the daily trade above $71,400 and woke up the bulls within the market. The Dogecoin price was on its way to hit $0.15 but now it's attempting to clear the major resistance above $0.16.

Ethena Labs rebutted claims that it unfairly used 180 million of its own tokens to gain rewards from a crypto farming event it hosts.

Ethena Labs, a synthetic dollar protocol built on Ethereum, is under scrutiny after allegedly misusing 180 million ENA tokens on a crypto farming event. The price of a token went down by 6.01%.

Ethena Labs is facing allegations of misusing 180 million Ethena tokens (ENA) during a recent crypto-farming event. The post Ethena Labs Accused of Misusing 180M Tokens in New Crypto-Farming Event appeared first on Cryptonews.

Ethena Labs faces scrutiny after allegations of unfairly staking 180 million ENA tokens in its crypto farming event.

Ethena Labs has refuted inaccurate claims that it unfairly staked 180 million ENA tokens in its crypto farming event.

Story Highlights The live price of the IOTA coin is . The IOTA price could reach a maximum of $0.365 in 2024. IOTA price with a potential surge, may reach a high of $3.01 by 2030.

5% of his fund has been placed in stablecoin until the certain and definitive outcome of the USA elections.

Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.

Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.

Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades.

While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.

Socios.com secures Malta's in-principle approval for a class 3 crypto license.

A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.

A veteran trader says that it would be unwise to attempt to start calling for a top in the crypto bull market.

ENA has recently retested its bullish inverted head-and-shoulder price action pattern, and is poised for a 60% rally.

Ethena has broken out of a rare bullish pattern on the one-day charts and could see gains of over 65% from the current price.

WBIT, ENA, and MOG posted significant gains this week as Bitcoin surged past $68K.

Ethena, the decentralized finance (DeFi) platform, is witnessing a notable resurgence in activity as ENA volumes have seen a significant increase, raising questions about the potential recovery of its Total Value Locked (TVL).

Just in time for the second half of ‘Uptober', the month that historically sees the best performance of the cryptocurrency market, professional crypto analyst Michaël van de Poppe has readjusted his holdings. The expert, who believes that the bull market still has a ways to go, has been investing in altcoins after divesting from Bitcoin (BTC) back in May.

Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena's stablecoin, within the Hyperliquid ecosystem upon mainnet launch.

ENA, the native token of Ethena — an Ethereum-based synthetic dollar protocol — has experienced an impressive 45% surge over the past week. Currently trading at $0.38, ENA has reached its highest price level since July.

A closely followed crypto analyst and trader believe that one red-hot Solana (SOL)-based memecoin may have even more upside potential after putting up huge gains in the last week.