By Afe Funbi Key highlights: The ENA price is holding above key moving averages with the $0.17 level in focus Ethena’s approved buyback plan could boost demand if USDe reaches $7.5 billion Active addresses and transfers have recovered alongside the ENA price Ethena is starting to show some life after holding a key support zone […]
Category: News
By Aliyu Pokima Key highlights: The percentage of Bitcoin UTXOs in loss has declined, setting up the conditions for a strong bull run CryptoQuant’s Crypto Dan argues that the falling metric decreases the chance for a return to a bear cycle However, there are concerns that macroeconomic conditions and regulatory pressure can stifle Bitcoin’s run […]
By Michael Adeleke Key highlights: The House Financial Services Committee voted 28-21 to advance the ARMA Act A last-minute rewrite changed the bill’s 20-year holding rule The bill would not extend the wash-sale tax rule to crypto A bill aimed at establishing the federal government’s Strategic Bitcoin Reserve took a step forward on Wednesday, clearing […]