By Afe Funbi Key highlights: ENA price is holding at a major support zone near $0.54 after weeks of downside pressure. Ethena charts point to $0.59-$0.61 as the key resistance area that could trigger a rebound. A breakdown below $0.54 risks a slide toward $0.47, with $0.36 as a deeper target. ENA price $0.5412 Key […]
Tag: ENA
By Marco Piccolo Key highlights: M2 Capital has invested $20 million in ENA, the governance token of Ethena, a crypto-native synthetic dollar protocol. The deal supports the integration of Ethena’s products into M2’s regulated wealth management offerings via M2 Global Wealth. Ethena’s USDe stablecoin and sUSDe yield-bearing token have helped the protocol surpass $14 billion […]
By mrblockchain Markets experienced a brutal awakening as billions in crypto positions vaporized within hours. The carnage was indiscriminate yet selective targeting those who dared to dream too big with borrowed capital. Ethereum emerged as the primary victim shedding $7.95 million in liquidated positions while the rest of the crypto ecosystem watched in horror. Bitcoin […]