A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern. A bull pennant pattern […]
The post Analyst Says Top-10 Altcoin Has a Massively Bullish Setup, Maps Path Forward for Polygon, Ethena and Algorand appeared first on The Daily Hodl.
BitMEX co-founder Arthur Hayes was spotted moving millions of dollars worth of altcoins to crypto exchange Binance. According to blockchain tracking firm Lookonchain, Hayes sent over $8.47 million worth of Ethena (ENA) to Binance, presumably to sell on the open market. “Arthur Hayes previously accumulated 16.79 million ENA ($11.21 million) at $0.67 between Nov 26th […]
The post Arthur Hayes Deposits $8,470,000 Worth of ENA to Binance After Massive Rally: Lookonchain appeared first on The Daily Hodl.
Ethena Labs (ENA), a synthetic dollar protocol backed by BitMEX founder Arthur Hayes, is announcing a partnership with President-elect Donald Trump’s decentralized finance (DeFi) project. In a new announcement on the social media platform X, Ethena Labs says it has entered into a strategic partnership with World Liberty Financial (WLFI). According to Ethena Labs, the collaboration […]
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A widely followed crypto analyst says that Ethena (ENA), a synthetic dollar protocol built on Ethereum (ETH), looks primed to continue its red-hot streak. The pseudonymous analyst known as Altcoin Sherpa tells his 234,500 followers on the social media platform X that ENA is worth investing into when it dips in price as it will […]
The post Trader Says Altcoin That’s Up over 8x in Under Three Months to Outperform Market, Updates Outlook on Solana appeared first on The Daily Hodl.
A veteran crypto trader says that one digital assets sector is about to pull off an under-the-radar repeat of its 2021 rallies. The pseudonymous trader known as Bluntz tells his 304,000 followers on the social media platform X that the decentralized finance (DeFi) sector is “de-risked” following news that the crypto project linked to President-elect […]
The post This Crypto Sector Is About To Do a Repeat of 2021 Explosion, According to Top Trader appeared first on The Daily Hodl.
On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today’s star performer is Ethena’s ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%. Crypto Market Holds […]
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.
Deribit, one of the world’s largest cryptocurrency derivatives exchanges, plans to integrate Ethena’s synthetic dollar USDe (USDe) as rewarding margin collateral.
As part of the integration, Deribit will enable users to earn rewards for holding USDe and use it as derivatives margin collateral in a cross-collateral pool, the firm announced on Nov. 22.
According to Deribit, the exchange targets including USDe in its cross-collateral pool as of early January, pending regulatory approval.
Now the protocol is working on a value accrual mechanism for ENA stakers.
The Ethena Foundation signed off on Wintermute’s proposal to share a portion of the decentralized finance (DeFi) protocol’s revenues with tokenholders, according to Wintermute’s governance forum.
On Nov. 6, Wintermute, a cryptocurrency market maker, proposed allocating a portion of Ethena’s fee revenue to stakers of ENA (ENA), Ethena’s native token.
“The Ethena Foundation is pleased to share that the proposal to enable an $ENA fee switch has been approved by the Risk Committee,” it said in the governance forum on Nov. 15.
An analyst known as a “Master Trader” on the crypto exchange Bybit believes that furious rallies are in sight for the top memecoin Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 287,200 followers on the social media platform X that DOGE looks incredibly bullish after breaking out from an Adam and Eve double-bottom pattern against Bitcoin […]
The post ‘Just Getting Started’ – Analyst Unveils Big Dogecoin Target, Sees ‘Crazy Bullish’ Chart for Ethereum-Based Coin appeared first on The Daily Hodl.
A veteran trader says that it would be unwise to attempt to start calling for a top in the crypto bull market. The pseudonymous trader known as The Flow Horse tells his Telegram channel that based on many charts, including Bitcoin (BTC), Gold futures, and the Nasdaq, there’s a clear bull market underway that could […]
The post Top Trader Warns Not To Call Top on Crypto Bull Market, Updates Outlook on Ethena (ENA) and One Memecoin appeared first on The Daily Hodl.
