Ethena
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The Donald Trump effect kept that altcoin afloat: New highs on the way!
The #Ethena ($ENA ) price has risen by 10 percent in the last 24 hours, challenging the crypto market and reaching $1.20. This rise was achieved thanks to the increased purchases of ENA whales and the collaboration with the crypto project World Liberty Financial (#WLFI ), supported by the Trump family.
Despite the pullback in cryptocurrencies, the ENA price increased by 10 percent today, reaching $1.20. Daily trading volume increased by 174 percent, exceeding $1 billion. Coinglass data shows that open positions increased by 20 percent to $700 million, and traders are positive towards Ethena.
Onchain data platform Spot On Chain shared data showing that crypto whales are eager to buy ENA. A newly created wallet purchased 5.29 million tokens from Binance at an average of $1.12.
Trumpās World Liberty Financial (WLFI) project purchased 231,726 ENA for 250,000 USDC just 20 minutes ago, following the announcement of a partnership with Ethena Labs.
Ethena Labs recently officially announced a partnership with the Trump family-backed World Liberty Financial (WLFI) project. The partnership aims to increase USDe liquidity and improve user rewards on WLFIās decentralized finance (#DeFi ) platforms.
The announcement states that a governance proposal will be presented that includes integrating Ethenaās sUSDe synthetic dollar as the underlying collateral asset of WLFIās Aave-based lending and borrowing platform. The development stands out as one of the major reasons behind todayās surge in Ethenaās price.
The #Ethena ($ENA ) price has risen by 10 percent in the last 24 hours, challenging the crypto market and reaching $1.20. This rise was achieved thanks to the increased purchases of ENA whales and the collaboration with the crypto project World Liberty Financial (#WLFI ), supported by the Trump family.
Despite the pullback in cryptocurrencies, the ENA price increased by 10 percent today, reaching $1.20. Daily trading volume increased by 174 percent, exceeding $1 billion. Coinglass data shows that open positions increased by 20 percent to $700 million, and traders are positive towards Ethena.
Onchain data platform Spot On Chain shared data showing that crypto whales are eager to buy ENA. A newly created wallet purchased 5.29 million tokens from Binance at an average of $1.12.
Trumpās World Liberty Financial (WLFI) project purchased 231,726 ENA for 250,000 USDC just 20 minutes ago, following the announcement of a partnership with Ethena Labs.
Ethena Labs recently officially announced a partnership with the Trump family-backed World Liberty Financial (WLFI) project. The partnership aims to increase USDe liquidity and improve user rewards on WLFIās decentralized finance (#DeFi ) platforms.
The announcement states that a governance proposal will be presented that includes integrating Ethenaās sUSDe synthetic dollar as the underlying collateral asset of WLFIās Aave-based lending and borrowing platform. The development stands out as one of the major reasons behind todayās surge in Ethenaās price.
CryptoAnalistPRO:
šš„šš
šØENA šStrong Momentum for Smart Investors š
$ENA
demonstrates a remarkable 16.41% surge, reaching $1.15. Its upward trajectory is supported by market confidence. Consider entering on pullbacks while maintaining a close watch on resistance around $1.2. Ideal for mid-term investments.
#Ethena #CryptoTrading #BullishCrypto
demonstrates a remarkable 16.41% surge, reaching $1.15. Its upward trajectory is supported by market confidence. Consider entering on pullbacks while maintaining a close watch on resistance around $1.2. Ideal for mid-term investments.
#Ethena #CryptoTrading #BullishCrypto
Merlyn Bozelle DLg8:
good analysis
ENA Coin, Bull or Bear For The Next 7 Days?
Predicting the exact price movement of #Ethena ($ENA ) over the next seven days is challenging due to the inherent volatility of cryptocurrency markets. However, based on available data and recent trends, here is the current price information for ENA:
According to CoinLore, their short-term forecast suggests that ENA could reach approximately $1.08 within the next 10 days.
It's important to note that cryptocurrency markets are highly unpredictable, and short-term price predictions should be approached with caution.
Considerations for Traders:
Market Volatility: Cryptocurrency prices can experience significant fluctuations in short periods.Research: Stay informed about the latest developments related to ENA and the broader crypto market.Risk Management: Only invest what you can afford to lose, and consider diversifying your investment portfolio.
So, for everyone who is claiming that #ENA pumping to the moon within a week, should be aware that no such thing gonna happen in near future.
According to CoinLore, their short-term forecast suggests that ENA could reach approximately $1.08 within the next 10 days.
It's important to note that cryptocurrency markets are highly unpredictable, and short-term price predictions should be approached with caution.
Considerations for Traders:
Market Volatility: Cryptocurrency prices can experience significant fluctuations in short periods.Research: Stay informed about the latest developments related to ENA and the broader crypto market.Risk Management: Only invest what you can afford to lose, and consider diversifying your investment portfolio.
So, for everyone who is claiming that #ENA pumping to the moon within a week, should be aware that no such thing gonna happen in near future.
Xian2512:
It may fall.
$ENA (1.1529, +16.41%)
Signal: Strong upward movement. Perfect for breakout traders.
Profitability: High. Strong momentum makes it profitable for short-term gains.
Pro Tip: Target $1.20 while keeping a stop loss at $1.10. Monitor volume for any weakness.
#Ethena #BreakoutTrade #AltcoinBullish #CryptoTips
Signal: Strong upward movement. Perfect for breakout traders.
Profitability: High. Strong momentum makes it profitable for short-term gains.
Pro Tip: Target $1.20 while keeping a stop loss at $1.10. Monitor volume for any weakness.
#Ethena #BreakoutTrade #AltcoinBullish #CryptoTips
Annabell Roley aHZK:
Be focus on Current analysis bro
Ethena Price to Reach $1.5? Whale Activity and Boom Significance
As Bitcoin fell below $100k on Thursday, December 19, the crypto market saw another selling wave. Powell's hawkish statement on Wednesday accelerated negative momentum in most major cryptocurrencies, starting this corrective phase. The Ethena price, which lately received market attention, may rebound quickly due to whale buying and reversal setup.
ENA is trading at $0.94, down 12.4% intraday. Its market worth is $2.77 billion, and its 24-hour trading volume is $1.22 billion, according to Coingecko.
Key Highlights:
The big ENA recovery trend is driven by a rounded bottom.
Ethereum price correction support may be $0.88 or $0.76, near to 38.2% and 50% Fibonacci retracement levels.
Positive crossing from the 100- and 200-day exponential moving average might boost bullish momentum and price reversal.
Whales Buy Millions in Tokens, Boosting ENA Futures Open Interest
Whales are buying Ethena (ENA) due to Trump's World Liberty Financial's ties to it.
In 48 hours, a whale opened a new wallet and withdrew 8 million ENA, worth $9.2 million, from Binance. Lookonchain data shows increasing whale activity and token interest.
ENA Whale Buying|Lookonchain
In the last two months, ENA futures open interest has increased 317% from $157 Million to $650 Million. The substantial surge in OI data indicates heightened speculative activity and market involvement, indicating traders are ready for big price volatility.
Futures ENA Open Interest
Ethena Price Correction Sets Up Rounding Bottom
Ethena fell 28% from $1.33 to $0.94 in a four-day correction. Regarding ENA coin performance in November and early December, the current downturn may help purchasers regain positive momentum.
Altcoins trading over 38.2% FIB and important daily EMAs (50, 100, and 200) signal a bullish trend.
A daily chart shows Ethena's price recovering in a U-shaped pattern, suggesting a rounded bottom. A significant bottom trend indicates a smooth shift from decline to accumulation and recovery on the chart.
#ENA #Ethena $ENA
As Bitcoin fell below $100k on Thursday, December 19, the crypto market saw another selling wave. Powell's hawkish statement on Wednesday accelerated negative momentum in most major cryptocurrencies, starting this corrective phase. The Ethena price, which lately received market attention, may rebound quickly due to whale buying and reversal setup.
ENA is trading at $0.94, down 12.4% intraday. Its market worth is $2.77 billion, and its 24-hour trading volume is $1.22 billion, according to Coingecko.
Key Highlights:
The big ENA recovery trend is driven by a rounded bottom.
Ethereum price correction support may be $0.88 or $0.76, near to 38.2% and 50% Fibonacci retracement levels.
Positive crossing from the 100- and 200-day exponential moving average might boost bullish momentum and price reversal.
Whales Buy Millions in Tokens, Boosting ENA Futures Open Interest
Whales are buying Ethena (ENA) due to Trump's World Liberty Financial's ties to it.
In 48 hours, a whale opened a new wallet and withdrew 8 million ENA, worth $9.2 million, from Binance. Lookonchain data shows increasing whale activity and token interest.
ENA Whale Buying|Lookonchain
In the last two months, ENA futures open interest has increased 317% from $157 Million to $650 Million. The substantial surge in OI data indicates heightened speculative activity and market involvement, indicating traders are ready for big price volatility.
Futures ENA Open Interest
Ethena Price Correction Sets Up Rounding Bottom
Ethena fell 28% from $1.33 to $0.94 in a four-day correction. Regarding ENA coin performance in November and early December, the current downturn may help purchasers regain positive momentum.
Altcoins trading over 38.2% FIB and important daily EMAs (50, 100, and 200) signal a bullish trend.
A daily chart shows Ethena's price recovering in a U-shaped pattern, suggesting a rounded bottom. A significant bottom trend indicates a smooth shift from decline to accumulation and recovery on the chart.
#ENA #Ethena $ENA
Bali57:
nests
āļø Ethena ($ENA ) Defies Altcoin Bloodbath, Shines as Top GainerĀ
ENA, the native token of the decentralized finance (DeFi) protocol Ethena, has become the top altcoin gainer in the past 24 hours, recording an 8.50% price increase.
This milestone is particularly notable as it comes during a broader crypto market downturn, during which many altcoins have suffered double-digit losses. Hereās a closer look at why ENA is outperforming its peers and what could be next for the token.
šø Why #Ethena Is the Top-Performing Altcoin
ENAās position as the top altcoin gainer today is due to several factors. The most significant one is Donald Trumpās World Liberty Financial (WLFI) partnership with Ethena Labs.
In addition to collaborating with Ethena, WLFI recently invested in the altcoin. On December 15, the project purchased 509,955 ENA using $500,000 USDC. At ENAās current value, that investment has surged to $584.44 million.
Interestingly, WLFI is not the only major entity accumulating ENA. According to Lookonchain, a prominent crypto whale purchased 8 million tokens worth $9.20 million from Binance and transferred them to non-exchange wallets.
If this whale accumulation persists, it could create upward pressure on ENAās price, potentially pushing the token to a high of $1.15.
The IOMAP groups addresses into three categories: those in profit at the current price, those holding at unrealized losses, and addresses at the breakeven point.
A higher volume of addresses at an accumulation range strengthens support. On the other hand, a higher volume of addresses at a resistance range signals potential hurdles.
As shown in the data, around 2,150 Ethena addresses accumulated 93.46 million tokens at an average price of $1.13, providing stronger support at that price range. In comparison, the volume of addresses between $1.15 and $1.32 is lower, indicating potential resistance. Given these factors, itās likely ENAās price could break through these levels in the short term.
#ENA
ENA, the native token of the decentralized finance (DeFi) protocol Ethena, has become the top altcoin gainer in the past 24 hours, recording an 8.50% price increase.
This milestone is particularly notable as it comes during a broader crypto market downturn, during which many altcoins have suffered double-digit losses. Hereās a closer look at why ENA is outperforming its peers and what could be next for the token.
šø Why #Ethena Is the Top-Performing Altcoin
ENAās position as the top altcoin gainer today is due to several factors. The most significant one is Donald Trumpās World Liberty Financial (WLFI) partnership with Ethena Labs.
In addition to collaborating with Ethena, WLFI recently invested in the altcoin. On December 15, the project purchased 509,955 ENA using $500,000 USDC. At ENAās current value, that investment has surged to $584.44 million.
Interestingly, WLFI is not the only major entity accumulating ENA. According to Lookonchain, a prominent crypto whale purchased 8 million tokens worth $9.20 million from Binance and transferred them to non-exchange wallets.
If this whale accumulation persists, it could create upward pressure on ENAās price, potentially pushing the token to a high of $1.15.
The IOMAP groups addresses into three categories: those in profit at the current price, those holding at unrealized losses, and addresses at the breakeven point.
A higher volume of addresses at an accumulation range strengthens support. On the other hand, a higher volume of addresses at a resistance range signals potential hurdles.
As shown in the data, around 2,150 Ethena addresses accumulated 93.46 million tokens at an average price of $1.13, providing stronger support at that price range. In comparison, the volume of addresses between $1.15 and $1.32 is lower, indicating potential resistance. Given these factors, itās likely ENAās price could break through these levels in the short term.
#ENA
$USUAL Ā ās Big MoveāMaking Waves withĀ $ENA ! šš„š¤
Hold on to your crypto hats, frens! šĀ #USUAL is stepping up its game by teaming up withĀ #Ethena to useĀ $USDTbĀ as collateral for its stablecoinĀ $USD0. This is like pairing peanut butter with jellyājust better and more decentralized. š
With overĀ $850MĀ in TVL, USD0 is ready to shine brighter, backed byĀ #BlackRockās BUIDL, the ultimate flex in stablecoin collateral. (Seriously, BlackRock? Talk about big leagues!)
But wait, thereās more! š USUAL is rolling out an sUSDe vault for USD0++ holders. Translation? Youāll earn sUSDe APY, Ethena rewards, and bonus USUAL rewards. šø Itās like a rewards buffetācome hungry.
And to make life easier, low-cost swap routes between USDtb ā USD0 ā sUSDe are on the way. So, whether youāre swapping, staking, or just hodling, this partnership is giving you options, baby! š ļø
What do you think? š¦Bullish or just plain genius? Comment below and as alwaysāDYOR! šĀ #ENA
Hold on to your crypto hats, frens! šĀ #USUAL is stepping up its game by teaming up withĀ #Ethena to useĀ $USDTbĀ as collateral for its stablecoinĀ $USD0. This is like pairing peanut butter with jellyājust better and more decentralized. š
With overĀ $850MĀ in TVL, USD0 is ready to shine brighter, backed byĀ #BlackRockās BUIDL, the ultimate flex in stablecoin collateral. (Seriously, BlackRock? Talk about big leagues!)
But wait, thereās more! š USUAL is rolling out an sUSDe vault for USD0++ holders. Translation? Youāll earn sUSDe APY, Ethena rewards, and bonus USUAL rewards. šø Itās like a rewards buffetācome hungry.
And to make life easier, low-cost swap routes between USDtb ā USD0 ā sUSDe are on the way. So, whether youāre swapping, staking, or just hodling, this partnership is giving you options, baby! š ļø
What do you think? š¦Bullish or just plain genius? Comment below and as alwaysāDYOR! šĀ #ENA
Square-Creator-9f66e4cd739cade8eaa5:
Man, she pulled a joke
š±š„Trump family-run World Liberty partners with altcoin project it bought
World Liberty Financial, which has attracted attention with its altcoin purchases in recent weeks, had a long-term partnership agreement with #Ethena Labs for the transactions of the #ENA token it purchased on Sunday.
The partnership will initially be over the synthetic dollar USDe, which allows Ethena to move over 20% annually. A management unit will also participate in the partnership at World Liberty Financial.
The DeFi platform World Liberty Financial, which is under the management of the Trump families, had a long-term partnership agreement with Ethena Labs. This partnership, which will start with sUSDe, the synthetic dollar of the Ethena ecosystem, will take management steps at World Liberty Financial this week.
While the two companies officially announced the partnership with statements, it was said, āAs the first stage of the partnership, it is being investigated and planned to register sUSDe on the WLFI protocol. Including sUSDe as a deposit in the QLFI application running on AAve will also benefit large TVL and user transactions.ā
The statement also stated that even if there are delays in the management process, the comprehensive partnership will continue to progress.
As will be recalled, World Liberty Financial selected TRON founder Justin Sun as an advisor last week. Following this selection, the HTX exchange (formerly Huobi), which Sun is also a member of, started investing 30 million in World Liberty Financial.
Last week, World Liberty Financial made its name known more with its purchases of Ether, LINK, ONDO and $ENA , triggering increases in the relevant tokens.
#WLFI #BTCNewATH #FullMarketBullRun
The partnership will initially be over the synthetic dollar USDe, which allows Ethena to move over 20% annually. A management unit will also participate in the partnership at World Liberty Financial.
The DeFi platform World Liberty Financial, which is under the management of the Trump families, had a long-term partnership agreement with Ethena Labs. This partnership, which will start with sUSDe, the synthetic dollar of the Ethena ecosystem, will take management steps at World Liberty Financial this week.
While the two companies officially announced the partnership with statements, it was said, āAs the first stage of the partnership, it is being investigated and planned to register sUSDe on the WLFI protocol. Including sUSDe as a deposit in the QLFI application running on AAve will also benefit large TVL and user transactions.ā
The statement also stated that even if there are delays in the management process, the comprehensive partnership will continue to progress.
As will be recalled, World Liberty Financial selected TRON founder Justin Sun as an advisor last week. Following this selection, the HTX exchange (formerly Huobi), which Sun is also a member of, started investing 30 million in World Liberty Financial.
Last week, World Liberty Financial made its name known more with its purchases of Ether, LINK, ONDO and $ENA , triggering increases in the relevant tokens.
#WLFI #BTCNewATH #FullMarketBullRun
Ethena (ENA) Rallies Following Proposal with WFI and Whale Accumulation: Are More Gains Ahead?
Date: Thu, Dec 19, 2024, 03:45 AM GMT
The cryptocurrency market within the last 12 hours has been bustling with significant events. Ethena (ENA), a synthetic dollar protocol, has captured attention with impressive gains of over 10%. This surge is largely attributed to its newly announced collaboration with World Liberty Financial (WLFI), a decentralized finance (DeFi) platform reportedly backed by former President Donald Trump.
Source: Coinmarketcap
Major Collaboration: Ethena x WLFI
Ethena and WLFI are set to embark on a long-term collaboration, starting with the integration of the yield-bearing token, sUSDe, into WLFI's ecosystem. A key governance proposal has been submitted to include sUSDe as a core collateral asset in WLFIās upcoming Aave instance. If this proposal passes, WLFI users will have the opportunity to earn sUSDe rewards alongside WLF token incentives.
Source: @ethena_labs (X)
This partnership could significantly strengthen Ethenaās position in the DeFi space, with sUSDe potentially becoming a cornerstone of WLFIās lending and borrowing ecosystem.
Whales Accumulate ENA Amid Market Dip
Despite broader market negativity following the latest Federal Reserve (FED) meeting, ENA has shown remarkable resilience. The FEDās 0.25% rate cut was overshadowed by Federal Reserve Chairman Jerome Powellās comments clarifying that the central bank is prohibited from owning Bitcoin, which briefly dampened market sentiment.
Meanwhile the recent pullback, which saw ENA drop from $1.33 to $1.00, crypto whales took advantage of the dip. According to crypto analyst @ali_charts, whales purchased over 36.55 million ENA tokens during this period, underscoring strong institutional interest.
Source: @ali_charts (X)
Technical Analysis:
At the time of writing, $ENA is bouncing strongly from the lower support of its ascending channel, gaining over 2% in the last 1 hour to trade at $1.19.
The chart reflects an ongoing bullish trend, with key resistance levels at $1.33 and $1.51. Breaking through these levels could set a new all-time high for ENA, representing a potential upside of over 27% from the current price.
Whatās Next?
Ethenaās upcoming milestones, including its collaboration with WLFI, position it as a top contender for further gains. The broader recovery in the cryptocurrency market adds a layer of optimism, with major altcoins showing signs of upward momentum.
Investors are advised to watch for updates on the governance proposal and track price action near the $1.33 resistance level. A successful breakout could signal the start of a new leg up for ENA.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Ethena #NFA
The cryptocurrency market within the last 12 hours has been bustling with significant events. Ethena (ENA), a synthetic dollar protocol, has captured attention with impressive gains of over 10%. This surge is largely attributed to its newly announced collaboration with World Liberty Financial (WLFI), a decentralized finance (DeFi) platform reportedly backed by former President Donald Trump.
Source: Coinmarketcap
Major Collaboration: Ethena x WLFI
Ethena and WLFI are set to embark on a long-term collaboration, starting with the integration of the yield-bearing token, sUSDe, into WLFI's ecosystem. A key governance proposal has been submitted to include sUSDe as a core collateral asset in WLFIās upcoming Aave instance. If this proposal passes, WLFI users will have the opportunity to earn sUSDe rewards alongside WLF token incentives.
Source: @ethena_labs (X)
This partnership could significantly strengthen Ethenaās position in the DeFi space, with sUSDe potentially becoming a cornerstone of WLFIās lending and borrowing ecosystem.
Whales Accumulate ENA Amid Market Dip
Despite broader market negativity following the latest Federal Reserve (FED) meeting, ENA has shown remarkable resilience. The FEDās 0.25% rate cut was overshadowed by Federal Reserve Chairman Jerome Powellās comments clarifying that the central bank is prohibited from owning Bitcoin, which briefly dampened market sentiment.
Meanwhile the recent pullback, which saw ENA drop from $1.33 to $1.00, crypto whales took advantage of the dip. According to crypto analyst @ali_charts, whales purchased over 36.55 million ENA tokens during this period, underscoring strong institutional interest.
Source: @ali_charts (X)
Technical Analysis:
At the time of writing, $ENA is bouncing strongly from the lower support of its ascending channel, gaining over 2% in the last 1 hour to trade at $1.19.
The chart reflects an ongoing bullish trend, with key resistance levels at $1.33 and $1.51. Breaking through these levels could set a new all-time high for ENA, representing a potential upside of over 27% from the current price.
Whatās Next?
Ethenaās upcoming milestones, including its collaboration with WLFI, position it as a top contender for further gains. The broader recovery in the cryptocurrency market adds a layer of optimism, with major altcoins showing signs of upward momentum.
Investors are advised to watch for updates on the governance proposal and track price action near the $1.33 resistance level. A successful breakout could signal the start of a new leg up for ENA.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Ethena #NFA
World Liberty Financial, the Trump familyās cryptocurrency initiative, continues to expand its portfolio with significant crypto acquisitions.
On December 18, the projectĀ utilizedĀ Cow Protocol to purchase 231,726 #Ethena (ENA) tokens for 250,000 USDC.Ā This transaction, monitored by blockchain intelligence platform Arkham, occurred at 19:55:35 UTC.
Following this acquisition, World Liberty Financial now holds a total of 741,687 ENA, demonstrating its ongoing commitment to building a diverse portfolio of digital assets.
Interestingly, the latest move from World Liberty Financial comes on the heels of Ethena LabsĀ announcingĀ a partnership with the Trump-backed firm to integrate Ethenaās sUSDe as a fundamental collateral asset.
Notably, as of December 16, the projectās multi-signature wallet had exchanged 500,000 USDC for 509,955 ENA tokens. The average purchase price stood at $0.98 per token.
World Liberty Financial Previous Activity
The WLFI wallet has also been actively diversifying its portfolio beyond stablecoins and Ethereum. Its holdings include Chainlink, Aave, Ondo, and Coinbase Wrapped Bitcoin (cbBTC), collectively valued at nearly $45 million as of December 16.Ā PreviousĀ acquisition detailsĀ reveal significant investments, including:
$30 million USDC for 8,105 ETH, at an average price of $3,701 per ETH.$10 million USDC for 103 cbBTC, purchased at an average of $97,181 each.$2 million USDC for 78,387 LINK tokens at $25.5 each.$2 million USDC for 6,137 AAVE tokens at $326 each.
#CryptoNewss
On December 18, the projectĀ utilizedĀ Cow Protocol to purchase 231,726 #Ethena (ENA) tokens for 250,000 USDC.Ā This transaction, monitored by blockchain intelligence platform Arkham, occurred at 19:55:35 UTC.
Following this acquisition, World Liberty Financial now holds a total of 741,687 ENA, demonstrating its ongoing commitment to building a diverse portfolio of digital assets.
Interestingly, the latest move from World Liberty Financial comes on the heels of Ethena LabsĀ announcingĀ a partnership with the Trump-backed firm to integrate Ethenaās sUSDe as a fundamental collateral asset.
Notably, as of December 16, the projectās multi-signature wallet had exchanged 500,000 USDC for 509,955 ENA tokens. The average purchase price stood at $0.98 per token.
World Liberty Financial Previous Activity
The WLFI wallet has also been actively diversifying its portfolio beyond stablecoins and Ethereum. Its holdings include Chainlink, Aave, Ondo, and Coinbase Wrapped Bitcoin (cbBTC), collectively valued at nearly $45 million as of December 16.Ā PreviousĀ acquisition detailsĀ reveal significant investments, including:
$30 million USDC for 8,105 ETH, at an average price of $3,701 per ETH.$10 million USDC for 103 cbBTC, purchased at an average of $97,181 each.$2 million USDC for 78,387 LINK tokens at $25.5 each.$2 million USDC for 6,137 AAVE tokens at $326 each.
#CryptoNewss
"#Ethena USDTB: A New Era for Stablecoins Backed by BlackRock"
$ETH
#StablecoinRevolution #Ethena #USDTB #CryptoInnovation
$ETH
#StablecoinRevolution #Ethena #USDTB #CryptoInnovation
Ethena (ENA) continues to rise: It could make a mark on the bulls.
Ethenaās native token $ENA has attracted attention with a 13 percent increase in the last 24 hours. The rise in question comes in anticipation of the launch of Ethenaās new stablecoin product USDtb on December 16. ENA is preparing to recapture the $1.52 (ATH) recorded in April with increasing demand.
ENA has attracted attention with a 13 percent increase in the last 24 hours. This rise is a result of increasing expectations for the new stablecoin USDtb to be launched by Ethena Labs. On December 13, Ethena Labs shared a video on social media platform X showing the USDtb screen page and indicated the stablecoinās launch date as December 16.
#Ethena reflects strong demand with increasing daily trading volume. ENAās trading volume in the last 24 hours has exceeded $980 million, up 166 percent. When a tokenās rise is supported by increasing trading volume, it indicates high investor interest and market confidence.
ENAās positive Chaikin Money Flow (CMF) value confirms high demand for the altcoin. As of writing, the CMF indicator is at 0.14. The CMF indicator measures the accumulation or distribution of an asset over a given period and combines price and volume data. Ethenaās positive CMF value indicates that buying pressure is stronger than selling pressure, which is a bullish signal for the altcoin.
#BTCNewATH #MicroStrategyJoinsNasdaq100
Ethenaās native token $ENA has attracted attention with a 13 percent increase in the last 24 hours. The rise in question comes in anticipation of the launch of Ethenaās new stablecoin product USDtb on December 16. ENA is preparing to recapture the $1.52 (ATH) recorded in April with increasing demand.
ENA has attracted attention with a 13 percent increase in the last 24 hours. This rise is a result of increasing expectations for the new stablecoin USDtb to be launched by Ethena Labs. On December 13, Ethena Labs shared a video on social media platform X showing the USDtb screen page and indicated the stablecoinās launch date as December 16.
#Ethena reflects strong demand with increasing daily trading volume. ENAās trading volume in the last 24 hours has exceeded $980 million, up 166 percent. When a tokenās rise is supported by increasing trading volume, it indicates high investor interest and market confidence.
ENAās positive Chaikin Money Flow (CMF) value confirms high demand for the altcoin. As of writing, the CMF indicator is at 0.14. The CMF indicator measures the accumulation or distribution of an asset over a given period and combines price and volume data. Ethenaās positive CMF value indicates that buying pressure is stronger than selling pressure, which is a bullish signal for the altcoin.
#BTCNewATH #MicroStrategyJoinsNasdaq100
IUKHAN :
What is the target?
Ethena Launches USDtb: A Stablecoin Backed by BlackRock for a New Era in DeFi
#Ethena has launched USDtb, a revolutionary stablecoin backed by #BlackRock 's BUIDL token!.
Designed to stabilize its high-yield USDe token during market downturns, USDtb offers a game-changing approach to risk management in the DeFi space.
ā Backed by 90% BUIDL reserves
ā Partnered with top custodians like Coinbase Institutional
ā Aiming for integration into major centralized exchanges
With $6B in user funds and growing, Ethena is redefining decentralized finance.
$ENA Token Alert: Recent investment by Trump's World Liberty Financial sent ENA soaring 25%
#Ethena has launched USDtb, a revolutionary stablecoin backed by #BlackRock 's BUIDL token!.
Designed to stabilize its high-yield USDe token during market downturns, USDtb offers a game-changing approach to risk management in the DeFi space.
ā Backed by 90% BUIDL reserves
ā Partnered with top custodians like Coinbase Institutional
ā Aiming for integration into major centralized exchanges
With $6B in user funds and growing, Ethena is redefining decentralized finance.
$ENA Token Alert: Recent investment by Trump's World Liberty Financial sent ENA soaring 25%
Square-Creator-9f3e17e54050023fcd6a MOREGUETES:
agora explode o preƧo!!!
š±š„Ethena announces its new BlackRock-backed stablecoinš
#Ethena which was also acquired by Donald Trump-backed World Liberty Financial, has launched a new stablecoin. The stablecoin called USDtb is backed by the tokenized money market fund BUIDL, a partnership between BlackRock and Securitize.
Decentralized finance project $ENA has launched a new stablecoin. The new product is called USDtb.
Ethena actually has another coin registered as USDe. According to the statement, the newly issued USDtb stablecoin will ākeep the USDe stableā during periods when cryptocurrency markets are in decline.
The USDtb token remains stable for 1 year and 90% of its assets are earned by BlackRock (and Securitize), and are held in the tokenized money market fund BUIDL.
#ENA , which was also acquired by Donald Trump-backed World Liberty Financial, has launched a new stablecoin. The stablecoin called USDtb is backed by the tokenized money market fund BUIDL, a partnership between BlackRock and Securitize.
The project, which was announced in the summer of 2023 and officially realized at the beginning of 2024, was seen as one of the growing DeFi platforms in recent times. Ethena, which Donald Trump's World Liberty Financial project invested in one weekend, drew attention to the fact that it has invested more than $ 6 billion since it was in its possession.
The first token of the stored protocol, USDe, is in a synthetic position. This token; It provides returns to users who invest in it by opening "short transactions" in Bitcoin, Ether and Solana perpetual futures contracts. The current annual return rate is around 27%.
Ethena's statement stated that the new stablecoin will close the basic derivative debts of USDe's account and that stocks in some periods will be supported by USDtb.
#BlackRockā© #BTCNewATH #MarketNewHype
Decentralized finance project $ENA has launched a new stablecoin. The new product is called USDtb.
Ethena actually has another coin registered as USDe. According to the statement, the newly issued USDtb stablecoin will ākeep the USDe stableā during periods when cryptocurrency markets are in decline.
The USDtb token remains stable for 1 year and 90% of its assets are earned by BlackRock (and Securitize), and are held in the tokenized money market fund BUIDL.
#ENA , which was also acquired by Donald Trump-backed World Liberty Financial, has launched a new stablecoin. The stablecoin called USDtb is backed by the tokenized money market fund BUIDL, a partnership between BlackRock and Securitize.
The project, which was announced in the summer of 2023 and officially realized at the beginning of 2024, was seen as one of the growing DeFi platforms in recent times. Ethena, which Donald Trump's World Liberty Financial project invested in one weekend, drew attention to the fact that it has invested more than $ 6 billion since it was in its possession.
The first token of the stored protocol, USDe, is in a synthetic position. This token; It provides returns to users who invest in it by opening "short transactions" in Bitcoin, Ether and Solana perpetual futures contracts. The current annual return rate is around 27%.
Ethena's statement stated that the new stablecoin will close the basic derivative debts of USDe's account and that stocks in some periods will be supported by USDtb.
#BlackRockā© #BTCNewATH #MarketNewHype
Minh Phi - Nguoi Trao Gia Tri:
1 month of using the currency to make money (to lose money) 1 month of participating funds to make money when it fluctuates uncontrollably. The machine in that place prints money out of thin air while exchanging money for money
$ENA Price Analysis: Can the Bulls Regain Control?
#ENA is showing signs of mixed momentum, with the 9 EMA providing slight upward support, but the MACD histogram indicates persistent bearish divergence. This suggests that the recent bullish attempts may face exhaustion. The RSI also reflects a lack of definitive momentum, maintaining a neutral outlook.
Resistance at 1.3008 represents a critical challenge for bulls, while support at 1.1609 and 1.0835 offers key zones for potential reversals. A break below 1.0835 could lead to a bearish continuation, targeting 1.0292. For long trades, entries near support with targets at resistance are optimal. Short positions can focus on resistance zones with exits planned near the lower support levels. #Ethena
#ENA is showing signs of mixed momentum, with the 9 EMA providing slight upward support, but the MACD histogram indicates persistent bearish divergence. This suggests that the recent bullish attempts may face exhaustion. The RSI also reflects a lack of definitive momentum, maintaining a neutral outlook.
Resistance at 1.3008 represents a critical challenge for bulls, while support at 1.1609 and 1.0835 offers key zones for potential reversals. A break below 1.0835 could lead to a bearish continuation, targeting 1.0292. For long trades, entries near support with targets at resistance are optimal. Short positions can focus on resistance zones with exits planned near the lower support levels. #Ethena
Evelina Kasprak b25z:
ENA going to 1.15
āļø BREAKING: Trumpās Cryptocurrency Project Allegedly Bought This Binance-Listed Altcoin! Price Pumped
According to the latest development, US President Donald Trump's cryptocurrency project World Liberty Financial allegedly purchased $500,000 worth of ENA tokens.
The ENA price, which is also listed on Binance, experienced a pump following the development.
#ENA $ENA #Ethena
According to the latest development, US President Donald Trump's cryptocurrency project World Liberty Financial allegedly purchased $500,000 worth of ENA tokens.
The ENA price, which is also listed on Binance, experienced a pump following the development.
#ENA $ENA #Ethena
$ENA is shining today, climbing over 20% to $1.18 ā its highest level since April! Over the past quarter, Ethena has surged an incredible 450%, fueled by anticipation and strategic developments.
Hereās whatās happening:
1ļøā£ The highly anticipated launch of USDe stablecoin tomorrow (Dec 16) is creating buzz. USDe offers yield through Ethereum staking and perpetual funding rates, promising innovation in stablecoins.
2ļøā£ Partnerships like the one with Derive.xyz are boosting ENAās presence in DeFi, enhancing liquidity and functionality.
3ļøā£ Major investments from institutions like WLFI show strong confidence in Ethenaās ecosystem.
Despite its rapid growth, challenges remain ā critics compare USDeās model to Terra-Luna. Can Ethena prove the skeptics wrong?
#USDe #Ethena
Hereās whatās happening:
1ļøā£ The highly anticipated launch of USDe stablecoin tomorrow (Dec 16) is creating buzz. USDe offers yield through Ethereum staking and perpetual funding rates, promising innovation in stablecoins.
2ļøā£ Partnerships like the one with Derive.xyz are boosting ENAās presence in DeFi, enhancing liquidity and functionality.
3ļøā£ Major investments from institutions like WLFI show strong confidence in Ethenaās ecosystem.
Despite its rapid growth, challenges remain ā critics compare USDeās model to Terra-Luna. Can Ethena prove the skeptics wrong?
#USDe #Ethena
Ethena (ENA) Surges Amid Accumulation By Trumpās World Liberty: Are More Gains On Horizon?
Date: Sun, Dec 15, 2024, 04:11 AM GMT
The cryptocurrency market has seen notable upward movements today in major altcoins and Ethena (ENA) stealing the spotlight. $ENA has surged by over 13% in the past 24 hours, solidifying its position as a top gainer. The token is currently trading at $1.15, boasting a market capitalization of $3.38 billion.
Source: Coinmarketcap
Trumpās World Liberty Financial Fuels ENA Rally
A key driver of this rally is the recent accumulation of ENA by Trumpās World Liberty Financial. The fund made a significant move earlier today, spending $500,013 USDC to purchase 509,955 ENA tokens at an average price of $0.981.
Source: @spotonchain (X)
This isnāt the first time the financial entity has sparked price rallies. Recent purchases by the fund include:
78,387 LINK, acquired at an average price of $25.51 for $2M, now up by $290,000.5,886 AAVE, bought at an average price of $324.40 for $1.91M, currently yielding a profit of $252,000.
More Gains on the Horizon?
With todayās rally, ENA has made a strong reversal from its key breakout level of $1.12 and is now holding steady above $1.16. If the bullish momentum continues, the token could target its next major resistance at $1.52, which is also its all-time high.
Given the pattern seen in LINK and AAVE after similar accumulations by Trumpās World Liberty Financial, ENA could very well experience a similar trajectory. Should this play out, a potential 30% upside is on the table.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions in the cryptocurrency market.
#Ethena #NFA
The cryptocurrency market has seen notable upward movements today in major altcoins and Ethena (ENA) stealing the spotlight. $ENA has surged by over 13% in the past 24 hours, solidifying its position as a top gainer. The token is currently trading at $1.15, boasting a market capitalization of $3.38 billion.
Source: Coinmarketcap
Trumpās World Liberty Financial Fuels ENA Rally
A key driver of this rally is the recent accumulation of ENA by Trumpās World Liberty Financial. The fund made a significant move earlier today, spending $500,013 USDC to purchase 509,955 ENA tokens at an average price of $0.981.
Source: @spotonchain (X)
This isnāt the first time the financial entity has sparked price rallies. Recent purchases by the fund include:
78,387 LINK, acquired at an average price of $25.51 for $2M, now up by $290,000.5,886 AAVE, bought at an average price of $324.40 for $1.91M, currently yielding a profit of $252,000.
More Gains on the Horizon?
With todayās rally, ENA has made a strong reversal from its key breakout level of $1.12 and is now holding steady above $1.16. If the bullish momentum continues, the token could target its next major resistance at $1.52, which is also its all-time high.
Given the pattern seen in LINK and AAVE after similar accumulations by Trumpās World Liberty Financial, ENA could very well experience a similar trajectory. Should this play out, a potential 30% upside is on the table.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions in the cryptocurrency market.
#Ethena #NFA