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Bitcoin Price arrive on 73, 293. 76 #BTC #HotTrends #TrendingTopic: #views #sanor016CommUNITY
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Ethereum arrive on 4,029. 71 #ETH✅ #TrendingTopic: #growlonix #sanor016CommUNITY #views
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Ethena's USDE Yield Hits 67%, Outpacing most Stablecoin Returns According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in the last 30 days. Rapid Growth for Ethena’s USDE Currently, Ethena’s USDE ranks as the sixth largest stablecoin by market capitalization, a status achieved through a 414.6% increase in supply over the past 30 days, bringing its market value to $838.75 million. Similar to FDUSD, it has quickly become a notable player, experiencing swift growth since its launch. USDE currently trails behind TUSD in market capitalization, requiring an addition of $451.25 million to its supply to overtake TUSD. Ethena’s stablecoin also reached an important milestone in annual percentage yield (APY), which is 67.2% as of now. Ethena Finance has grown its user base to 350,000, with the total value locked (TVL) at $840.6 million. Ethena’s rapid rise in the stablecoin market, marked by its substantial 67.2% APY and a 414.6% increase in supply, underscores the dynamic nature of stablecoins within decentralized finance. As it nears TUSD’s market cap with a growing base of over 350,000 users, Ethena’s performance and yield strategy might shift the paradigms of stablecoin utility and investment approaches in the sector. #TrendingTopic #views #cryptomummy #sanor016CommUNITY #TrendingTopic
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#Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the number of people selling,” he explained, adding that bitcoin is “a great store of value.” Mark Cuban Explains Why He Invests in Bitcoin Billionaire investor Mark Cuban shared why he invests in bitcoin on CNBC Monday. Cuban is a Shark Tank star and a minority owner of the National Basketball Association (NBA) team Dallas Mavericks. When asked how much of his portfolio is in cryptocurrency, Cuban replied: “I don’t even know how much, but it’s happy. Bitcoin, in particular. Ether … ETH to a smaller extent.” He explained: “Bitcoin is just driven by supply and demand. There’s only going to be 21 million of them #BTC.😉. #sanoor016Coomunity #growlonix #views #TrendingTopic:
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