Ethena has ripped over 17% in the past 24 hours, breaking out of a long-standing falling wedge pattern and igniting bullish momentum that could send prices soaring toward $0.70.

A Morgan Stanley analyst has issued a major warning that may impact risky assets, including stocks and cryptocurrencies such as Ethereum, Jasmy, Cardano, Kaspa, and PEPE. His statement came as these tokens attempted to bounce back. The Ethereum (ETH) price has risen to $1,575, a slight increase from the year-to-date low of $1,385.

The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.

Sui (SUI) and Litecoin (LTC) have both delivered strong gains in the past 24 hours as the market kept pushing their prices to higher levels during the weekend.

JASMY's rally is beginning to slow down.

The cryptocurrency market was relatively mixed during the Easter weekend, with volume remaining low. Bitcoin was stuck between $84,000 and $85,000, while Ethereum was hovering near its lowest point in months. This article provides a forecast for some of the top-performing coins like JasmyCoin (JASMY), Fartcoin, Artificial Superintelligence Alliance (FET), and Gala Games (GALA).

Converge Blockchain:- Carlos Domingo, founder and CEO of Securitize, has announced the next step for their new EVM blockchain, Converge. Announcing in a X post, CEO Dormingo said that the to-be launched blockchain will leverage Arbitrum and Celestia tech to develop their RWA-focused chain.

JASMY plunges sharply after its recent rally, dwindling exchange reserves hint—but a sudden rebound can still occur.

The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.

Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi). According to the announcement, a testnet will be live in the coming weeks, with a mainnet launch later in 2025.

TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.

Russia is all set to host the Global Blockchain Forum 2025 on April 23 & 24. With 15K+ attendees from over 100 countries, the forum will focus on topics like Web3, cryptocurrencies, investments, blockchain, trading, mining, and AI.

Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.

Litecoin is fighting to break free from a tough resistance zone. Will it finally rally above $78 or sink below $70?

Binance, the world's largest cryptocurrency exchange, has recently wrapped up the second round of its “Vote to Delist” campaign, stirring concerns across the crypto market. This campaign allows users to vote on whether certain altcoins should stay listed on the platform.

Due to regulatory pressure, Ethena GmbH, creator of dollar-backed stablecoin USDe, will end operations in Germany. BaFin is the German authority that enforces regulations.

Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens.

Ethena Labs, the company behind the synthetic stablecoin USDe, announced on April 15 the closure of its German entity, Ethena GmbH, and the withdrawal of the application for authorization under the European regulation MiCAR (Markets in Crypto-Assets Regulation). The decision comes following an enforcement action by the German financial supervisory authority, BaFin, which has ordered the company to cease the public sale of USDe in German territory.

Alchemy Pay has partnered with Ethena Labs to enable direct fiat purchases of USDe and ENA using regular payment methods.

Ethena Labs has agreed to exit the German market after regulator BaFin cited "serious deficiencies" with USDe compliance.

Ethena Labs is officially closing its German branch and EU operations after a previous MiCA application rejection. For the past month, the firm has been preparing to withdraw from this market.

Ethena Labs abandoned its MiCAR application and shuttered its German operations following enforcement action by BaFin. The synthetic stablecoin issuer migrated users to its British Virgin Islands entity, avoiding European regulatory hurdles. The case shows how MiCAR regulation reshaped Europe's stablecoin landscape, with concerns about USDe's yield-bearing variant potentially qualifying as a security. The post Ethena Labs Exits Germany, Ends MiCAR Pursuit Following BaFin Agreement appeared first on Cryptonews.

Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe's largest economy.Ethena Labs reached an agreement with Germany's Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of its local subsidiary, Ethena GmbH, according to an April 15 announcement. Source: Ethena Labs As such, Ethena Labs “will no longer be pursuing MiCAR authorization in Germany,” the company said, referring to the Markets in Crypto-Assets Regulation.

TL;DR Ethena reached an agreement with the German regulator BaFin to shut down its operations in Germany, transferring all existing users to its entity in the British Virgin Islands. The decision follows a warning from BaFin about “serious deficiencies” in Ethena's USDe token. The price of the ENA token has dropped by 5.

In a surprising development, decentralized finance (DeFi) protocol Ethena Labs has announced via its official X account that the firm has reached an agreement with German watchdog BaFin to end operations in the country. The company also announced that it is withdrawing its MiCAR application in Germany.

Ethena Labs (ENA) announced it would no longer pursue MiCA authorization for the German market, instead stopping all minting and redemption activity for USDe originating with Ethena GMBH.

Ethena Labs, the team behind the synthetic stablecoin USDe, announced it has shut down its German subsidiary, Ethena GmbH. Ethena Labs will also no longer pursue regulatory approval under the EU's Markets in Crypto-Assets Regulation.

Decentralized finance (DeFi) protocol Ethena has agreed to wind down its operations in Germany.

Litecoin has long been a familiar name among cryptocurrency enthusiasts, celebrated for its speed and lower transaction costs compared to Bitcoin. Recently, after weeks of turbulent price action, Litecoin has witnessed a modest recovery, posting an impressive 7.8% increase to reach approximately $78.

Ethena, a synthetic dollar protocol, has partnered with the decentralized reinsurance platform Re to enable users to earn yield by depositing stablecoins into reinsurance risk pools.

Ethena has surged by 6.67% in 24 hours, setting for a potential breakout from inverse head and shoulder pattern.

The JasmyCoin price went parabolic on Sunday, reaching its highest level since March 6 as the falling wedge worked out and the number of active addresses rose.

The JasmyCoin price has tanked this year, mirroring the performance of Bitcoin and most altcoins. After peaking at $0.05937 in November, the token has crashed to the current $0.0117, lowering its market cap from a high of $2.8 billion to the current $584 million.

Filecoin (FIL) was also among the top underperformers, declining 4.5% from Wednesday.

RedStone has expanded its support for Ethena Labs' stablecoins USDe and sUSDe to the BNB Chain, triggering a 14% price surge.

Binance has launched the second round of its Vote to Delist campaign, inviting users to vote on whether 17 tokens with the “Monitoring” tag should be removed from the platform.

Litecoin (LTC) saw a significant price surge on Tuesday, climbing 12.76% to $71.94 by 02:03 ET (06:03 GMT), according to the Investing.com Index. This marks Litecoins biggest single-day gain since January 15, offering a momentary rebound despite a broader downtrend over the past week.

JasmyCoin has emerged as today's top gainer, registering a 4% price increase over the past 24 hours. This surge comes after a sharp drop earlier this week when the altcoin plunged to a 12-month low on Monday.

Altcoin prices bounced back as some investors bought the dip following the recent crypto Black Monday, when most of them crashed.

Bitcoin and other altcoins bounced back on Tuesday as investors attempted to buy the dip after most of them dropped to their multi-month low. BTC price surged to $80,000, while the total market cap of all coins jumped by over 3.5%. Some of the top-performing tokens were JasmyCoin (JASMY), Pepe (PEPE), and Render (RNDR).

Litecoin (LTC) was the top underperformer, declining 19.7% from Friday.

Litecoin (LTC) dropped 10.05% on Sunday, falling to $74.18 by 14:19 (18:19 GMT), marking its steepest one-day loss since April 6, according to Investing.com. This sharp decline reduced Litecoins market capitalization to $5.77 billion, now just 0.22% of the total crypto market value.

With the market falling fast due to global tariff wars, LTC is in freefall. Can it recover, or is this the start of something worse?

Pornhub, the popular adult entertainment website, has added Bitcoin and Litecoin to its payment options. The adult website has been already accepting the cryptocurrency verge (XVG) from 2018.

Bitcoin and most cryptocurrencies slumped on Thursday, with their total market capitalization plunging by over 5.7% to $2.6 trillion. Pi Network (PI) was one of the worst performers as it dropped to a record low of $0.

Fidelity has launched a no-fee crypto Individual Retirement Account (IRA) that allows U.S. adults to invest in Bitcoin, Ethereum, and Litecoin. The post Fidelity's New Crypto IRA Could Be Huge for Litecoin – Here's Why appeared first on Cryptonews.

Fidelity launches zero-fee crypto IRAs offering Bitcoin, Ethereum and Litecoin exposure through tax-advantaged retirement accounts for US investors.

Since the inauguration of the new president of the US, the markets have remained highly volatile. Moreover, the tariff war has caused more harm, which seems to have become more uncertain than before.