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 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 […]