Here’s why the crashing Ethena price may rebound soon
Ethena price has crashed by 57% from its highest level in December as sentiment in the crypto industry weakened. Ethena’s (ENA) decline has mirrored that of most altcoins. For example, Ethereum has dropped by over 32% from its December peak, while Cardano has fallen by 45%. Despite the ongoing token crash, Ethena’s network continues to […]
Spark integrates Ethena USDe as ENA forms a risky pattern
Ethena token stabilized after falling sharply in recent days following Spark’s announcement of stablecoin integration. Ethena (ENA) rose to $0.83 on Jan. 14, recovering from this week’s low of $0.7255. Despite the rebound, the token remains 35% below its highest level this year and has formed a risky chart pattern that suggests a potential further […]
Ethena price rises as Chainlink whale diversifies to ENA
Ethena price rises for two straight days as annual revenue increases and a Chainlink whale buys its token. Ethena (ENA) rose to an intraday high of $1.07, crossing the critical resistance level of $1 for the first time in over a week. According to LookOnChain, a whale converted 84,370 Chainlink (LINK) tokens, worth $1.9 million, […]
Ethena head of growth Seraphim Czecker steps down
Seraphim Czecker, the head of growth at Ethena, has announced he is stepping down. Czecker shared the “big personal news” in a post on X, revealing that his exit as head of growth at the synthetic dollar protocol comes after an incredible journey that has seen the project grow into one of decentralized finance ecosystem’s […]
Ethena price reverses as whales dump, exchange balances rise
Ethena price retreated for three consecutive days as exchange balances continued rising and as whales sold their tokens. Ethena (ENA) token dropped to $0.95, moving below the psychologically important level of $1 for the first time since Dec. 20. The ongoing crash is caused by the risk-off sentiment in the crypto industry, which has caused […]
Ethena price slips after BitMex founder Arthur Hayes moves tokens
Ethena erased some of the gains made on Friday, Dec. 12, after on-chain data showed that Arthur Hayes was selling. Ethena (ENA) token retreated to $1.10, down from an intraday high of $1.2240. It has dropped by over 16% from its highest level this month. Data by Nansen shows that Hayes, the co-founder and former […]
Why Ethena is pumping: Could it surge by 35%?
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. Source link
Ethena Labs To Launch Synthetic USDe Stablecoin on Dec. 16
Ethena Labs has announced the launch date of its synthetic USDe stablecoin on Dec. 16, 2024, as the token’s market cap reached $5.73 billion, an all-time high. In a post on X, Ethena Labs, built on the Ethereum blockchain, announced a possible launch for its stablecoin USDe which is pegged to the U.S. dollar. It […]
Ethena adopts fee-sharing proposal for ENA token
Now the protocol is working on a value accrual mechanism for ENA stakers. Source link
Ethena Labs exploited for $290k on Binance Launchpool
The exploit occurred hours after Ethena’s new ENA token was launched for farming on Binance. Source link
