USDtb has reportedly passed rigorous audits and is backed by custodians like Copper and Coinbase Institutional.
On-chain metrics revealed that exchanges have witnessed $15 million worth of PEPE outflow.
You might not realize it, but Dogecoin was the trailblazer of the memecoin craze, kicking off a whole new trend in the crypto world when it launched in 2013. Fast forward to 2024, and it's still riding high, fresh off a 35% increase and looking at another potential rally.
Pepe Coin remains in a consolidation phase as it slowly forms a falling wedge pattern. This pattern could lead to an explosive breakout.
Meme coins are on a slippery slope and struggle to gain momentum despite the Bitcoin rally. Pepe, the frog-themed meme coin, is holding fort at key support. While bulls eye an extended rally, the massive supply zone warns of an intense pullback.
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.
Meme coins like PEPE have generated jaw-dropping profits for early investors despite lacking tangible use cases.
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.
Pepe (PEPE) has the largest number of wallets with holdings above $1,000, surpassing other meme communities with a focus on holders.
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.
Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock's USD Institutional Digital Liquidity Fund.
Ethena introduces the USDtb stablecoin, backed by BlackRock's US Dollar Institutional Digital Liquidity Fund.
Synthetic dollar blockchain project Ethena is launching a new stablecoin, according to an announcement on Monday. Dubbed USDtb, the token will be backed by BlackRock's BUIDL fund, which has well over half a billion dollars worth of mostly U.S. Treasury bills under management.
Cryptocurrency prices are preparing for the popular Santa Claus rally that could propel most of them to multi-year or all-time highs. Bitcoin has already surged to a record high, and many altcoins could follow.
Ethena price is seeing a sharp bounce back jumping 4.54% in the last 24 hours all the way to $1.22 with its market cap soaring all the way to $3.57 billion. ENA eyes new all-time high above $1.5 as its synthetic dollar USDe hits $6 billion in market cap.
The protocol's governance token ENA rallied over the weekend as Donald Trump-affiliated World Liberty Financial invested in the token.
Ethena's growth has been quite remarkable, and now, there is a vivid possibility of it carving out a significant portion of the stablecoin market for itself.
Bitcoin's recent surge to a new record high has sparked a fresh wave of optimism in the market, with Pepe (PEPE), one of the standout memecoins, seeing impressive gains.
As DeFi and meme coin markets slow, a whale acquires PEPE and Ondo. As Ondo breaks the $2 barrier, targeting $3, PEPE shows signs of a triangle breakout. Is the strategic whale entry hinting at a broader market rally ahead?
Ethena (ENA), the DeFi token backed by World Liberty Financials (WLF), has gained significant attention following WLF's recent $500,000 investment. Known for its association with Donald Trump, WLF's endorsement of ENA is stirring curiosity in the crypto community.
Exploring ENA's upside potential after recent Trump-backed project move.
On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today's star performer is Ethena's ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%.
ENA, the native token of Ethena — an Ethereum-based synthetic dollar protocol — has experienced a 13% surge over the past 24 hours. This rally comes as the market awaits the launch of Ethena's new stablecoin product USDtb, on December 16.
Ethena price maintained a strong comeback as its assets jumped to a record high on the heels of Donald Trump's World Liberty Financial buying the token.
TL;DR PEPE coin prices display a bullish pattern, hinting at a potential rally if the broader market stabilizes, despite the volatility exacerbated by market uncertainty. Price predictions for PEPE from 2025 to 2030 vary, with optimistic forecasts suggesting significant growth and conservative estimates highlighting potential fluctuations.
PEPE price analysts are confident of a continued rally. Yet, investors continue joining Propichain, which just entered round two of its presale.
A dormant Pepe whale transfers all 2.1 trillion tokens worth $52 million after 600 days.
A $27 gamble on Pepe memecoin turned into a staggering $52 million profit, delivering one of 2024s most astonishing crypto success stories. With a 1.9 million percent return, this trade cements memecoins as high-stakes, high-reward assets.
Skepticism around ENA could keep its price closer to its press time levels.
Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors.
Since the crypto trading market turned bullish with Donald Trump's win in the US elections, many dormant accounts have returned to the market to benefit from the rally. One such PEPE holder has also benefitted heavily from this, turning $27 into $52M with his investment in PEPE tokens.
Crypto whales are once again making bold moves in the altcoin market, showing possible changes in their investment strategies. According to Spotonchain, a blockchain analytical platform reported that it appears that these whales' strategies have changed from what they accumulated in previous weeks.
Hedera's (HBAR) performance this year has been nothing short of impressive, with a 600% rally from its lows to a yearly high of $0.392. However, after hitting an overheated RSI of 88 (weekly) and 93 (4-hour), a 40% correction has brought HBAR to a defining moment.
Pepe Unchained's 500% debut stirs hype, but XYZVerse aims to dominate Q1 2025. #partnercontent
Pepe coin (PEPE) has recorded a significant spike in whale accumulations after it surpassed a $10 billion market cap. Large holders continue to buy, anticipating expected price gains amid a volatile crypto market.