Stablecoins surpass Visa, Mastercard in transaction volume, signaling a major shift in global finance.

The crypto project backed by BitMEX founder Arthur Hayes is launching a new blockchain with Securitize, a US company geared towards the tokenization of real-world assets (RWAs).

Litecoin (LTC) could continue its descent toward the projected $70 target, claimed analyst Ali Martinez.

An analyst has pointed out how Litecoin has slipped under a parallel channel recently and could be set to see a move to this price level. Litecoin Has Broken Under Parallel Channel Support In a new post on X, analyst Ali Martinez has discussed about a parallel channel for Litecoin.

According to an X post, on-chain analysts noticed that the $USDe ticker was bought on Hyperliquid some hours ago today, March 18, 2025. Now, the user is speculating that the ticker purchase suggests Ethena is going to deploy on the Hyperliquid L1 chain.

Sky Protocol is trying to flip Ethena as the more active DeFi app, with a higher supply of stablecoins. The recent market downturn is affecting DeFi, as protocols adapt with shifting earnings rates and lower stablecoin supply.

TL;DR Unified TradFi & DeFi Platform: Ethena and Securitize unveil Converge, a cutting-edge EVM-compatible Layer-1 blockchain that seamlessly integrates traditional finance with decentralized finance for tokenized assets and digital dollars. Dual Model for Diverse Users: Converge serves both retail investors with permissionless DeFi access and institutional players via regulated, permissioned applications.

Ethena Labs published a report on Mirror detailing the information about the launch of its new upcoming blockchain, Converge.

​​Ethena Labs and Securitize have officially unveiled Converge, an Ethereum Virtual Machine (EVM)-compatible Layer-1 (L1) blockchain. Designed to integrate traditional finance (TradFi) with decentralized finance (DeFi), Converge aims to serve as a settlement layer for digital dollars and tokenized assets.

Hashdex proposes adding Litecoin to its Nasdaq Crypto Index US ETF, aiming to diversify holdings and broaden institutional exposure to cryptocurrencies within a regulated framework. Approval would enhance integration of crypto with traditional finance. The post Hashdex Seeks SEC Approval to Add Litecoin to Crypto Index ETF appeared first on Cryptonews.

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.

Ethena Labs and Securitize have announced the launch of Converge, a layer-1 blockchain focused on institutional capital flows and integrating tokenized assets with DeFi. According to Ethena Labs' March 17 announcement, the initiative aims to provide a purpose-built network for permissioned and permissionless financial applications.

Converge, expected to launch in Q2, is an Ethereum-compatible blockchain featuring native KYC and custody solutions.

Ethena Labs and Securitize have announced the incoming launch of Converge, a blockchain tailor-made for DeFi and tokenized assets. The incoming blockchain has a deep pool of partners angling to roll out offerings with parties eyeing a Q2 launch.

Ethena Labs and Securitize have announced the launch of Converge, a blockchain designed to support decentralized finance and tokenized assets.

The proposed amendment would include various cryptocurrencies in the in the Hashdex Nasdaq Crypto Index US ETF.

The Converge blockchain is Ethereum compatible and designed to bring DeFi to tokenized real world assets.

Asset management firm Hashdex has filed an amendment with the U.S. Securities and Exchange Commission to include Litecoin in its Hashdex Nasdaq Crypto Index US ETF.

Hashdex amendment for Litecoin ETF inclusion reported.

Here is how some of your favorite assets concluded the week.

LTC could regain lost momentum by forming higher highs.

Crypto prices will be in the spotlight this week as investors focus on the upcoming Federal Reserve interest rate decision and Donald Trump's tariffs. Hopes that the Fed will embrace a more dovish tone will be a bullish catalyst for these assets.

Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.

The cryptocurrency market remains on edge as Bitcoin (BTC) struggles within a tight range of $76,000 to $84,472, weighed down by trade tensions and economic uncertainty.

Bitcoin and most altcoins bounced back on Friday as investors bought the dip after a report showed that consumer confidence had slumped. Ripple (XRP) price jumped by 4%, while Chainlink (LINK), Bonk (BONK), and JasmyCoin (JASMY) rose by over 5%.

LINK's daily chart shows that the asset has bounced above a key support at $12.70 and today's uptick has contributed to improving momentum indicators as the asset distances itself from this level.

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

BlackRock's tokenized U.S. Treasury fund, BUIDL, has surpassed $1 billion in assets under management following a $200 million allocation from Ethena. Data from RWA.

BlackRocks tokenized U.S. Treasury fund, BUIDL, has surpassed $1 billion in assets, driven by a $200 million allocation from crypto protocol Ethena, according to Securitize. Ethereum blockchain data from Arkham Intelligence confirmed a $200 million BUIDL minting at 18:47 UTC on Thursday.

BUIDL is a key building block for multiple yield-generating offerings as a reserve asset, and it's increasingly used as collateral on trading platforms.

The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.

TL;DR MEXC Ventures invests $36 million in Ethena and its USDe stablecoin to accelerate the adoption of synthetic dollars within the DeFi ecosystem. USDe is a synthetic stablecoin that maintains its value through collateralizing other stablecoins and holding futures positions, differentiating itself from directly fiat-backed stablecoins.

The investment aims to boost stablecoin adoption and crypto accessibility.

A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.

The US Securities and Exchange Commission (SEC) has pushed back its decision on multiple cryptocurrency exchange-traded fund (ETF) proposals, delaying potential approvals for products tied to XRP XRP, Solana SOL, Dogecoin DOGE, and Litecoin LTC.

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.

The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.

Litecoin (LTC) saw a sharp decline on Monday, dropping 11.05% to $86.51 by 15:00 (19:00 GMT) on the Investing.com Index. This marked its steepest one-day percentage loss since March 3, pushing its market cap down to $6.70 billion, accounting for 0.26% of the total crypto market.

Ethena surges 4.96% as derivative traders fuel momentum, while spot traders continue selling.

Traders have little reason to go long, unless they are scalping, and can use the downtrend to look to sell.

Ethena (ENA) has gained significant traction ever since its launch, but its price performance gains excitement and skepticism simultaneously. Considerable concerns exist as the token has not created a new ATH in a year.

The establishment of a Strategic Bitcoin (CRYPTO: BTC) Reserve and a Digital Asset Stockpile in the U.S. represents a new paradigm in the evolution of cryptocurrencies and one that could influence monetary policy in countries around the world. While Bitcoin will have its own reserve, the Digital Asset Stockpile is expected to have Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA), and Solana (CRYPTO: SOL), according to Trump's earlier announcement.

A closely followed crypto strategist believes that the payments-focused token Litecoin (LTC) is in a position to spark a strong upside burst. Analyst Ali Martinez tells his 130,600 followers on the social media platform X that Litecoin appears to be trading in a wide range between $135 and $98.

Amid the crypto market downturn, the Ethena Token (ENA) is witnessing a significant price rally, surging 20% from yesterday's dip. The price spike, especially in the turbulent market, has caught everyone's attention.

XRP price has pulled back in the past few days, and is at risk of further downside after forming a head and shoulders pattern on the daily chart. Ripple was trading at $2.3515 on Saturday, down by over 30% from its highest level this year.

On-chain data shows the Litecoin whales have participated in a significant amount of buying recently, a sign that could be bullish for LTC's price.