Key highlights: The ENA price is currently breaking out of a descending wedge pattern amid defense of the 4-hours’ 100 period moving average Ethena staked $50 million worth of assets within the Morpho yield vault, raising its value to $106 million Active addresses fell from 1,000 to 700, while daily transactions dropped from 3,400 to […]
Tag: ENA
Key highlights: BlackRock’s Aladdin will integrate Ethena’s USDe stablecoin Ethena will use BlackRock’s BUIDL as the main asset for its forthcoming white-label product ENA price tanked nearly 14% today amid the flurry of partnership announcements BlackRock is moving deeper into decentralized finance with the latest play being a partnership with Ethena. Despite the scale of […]
Key highlights: StablecoinX debuted on Nasdaq under the ticker USDE. The company holds 20% of Ethena’s total supply. StablecoinX raised $890 million in PIPE financing to support its ENA strategy. StablecoinX has officially launched its plans to enter the public market. This would give traders a new way to invest in the Ethena ecosystem. According […]