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Arthur Hayes-Backed Ethena Labs Announces New Tokenomics Update for ENA

Arthur Hayes-Backed Ethena Labs Announces New Tokenomics Update for ENA

Synthetic dollar protocol developer Ethena Labs is updating the tokenomics for its native asset, ENA, in a bid to increase the token’s utility. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” […]

The post Arthur Hayes-Backed Ethena Labs Announces New Tokenomics Update for ENA appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Trading for AEVO, ARKM, ENA and more available now

We’re thrilled to announce that Aevo (AEVO), Arkham (ARKM),  AltLayer (ALT), Ether.fi (ETHFI), Ethena (ENA), Maple (MPL), Safe (SAFE) and ZetaChain (ZETA) are now available on Kraken! Funding and trading AEVO, ARKM, ALT, ETHFI, ENA, MPL, SAFE and ZETA funding and trading are live. Add these tokens to your Kraken account by navigating to Funding, […]

The post Trading for AEVO, ARKM, ENA and more available now appeared first on Kraken Blog.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Top Trader Reveals ‘Obvious’ Altcoin Play Amid Potential Spot Ethereum ETF Approval

Top Trader Reveals ‘Obvious’ Altcoin Play Amid Potential Spot Ethereum ETF Approval

A top crypto trader thinks one Ethereum (ETH)-based decentralized finance (DeFi) token is an “obvious play” amid recent ETH developments. The pseudonymous analyst known as the Flow Horse tells his 216,500 followers on the social media platform X that the governance token of Ethena (ENA) looks promising. “Looking to go for round 2 of a […]

The post Top Trader Reveals ‘Obvious’ Altcoin Play Amid Potential Spot Ethereum ETF Approval appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Ethena’s USDe To Be Integrated Into Third Largest Global Crypto Exchange Bybit

Ethena’s USDe To Be Integrated Into Third Largest Global Crypto Exchange Bybit

A new Ethereum (ETH)-based USD-pegged stablecoin is getting a boost from one of the world’s largest crypto exchanges. Ethena Labs has announced that USDe, the stablecoin of the Ethena (ENA) ecosystem, is being integrated by Bybit, the third largest crypto exchange by trading volume. “We are excited to share one of the most important developments for USDe adoption to date. As of […]

The post Ethena’s USDe To Be Integrated Into Third Largest Global Crypto Exchange Bybit appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Top Trader Says Says One New Altcoin Project Set To Go Much Higher Amid ‘Reliable Setups’ In Market

Top Trader Says Says One New Altcoin Project Set To Go Much Higher Amid ‘Reliable Setups’ In Market

A widely followed crypto analyst believes one Ethereum (ETH)-based decentralized finance (DeFi) token is being set up for a large rally. According to pseudonymous trader The Flow Horse, the governance token of Ethena (ENA) is one of many new altcoins presenting opportunities, but requires patience for payoff. “There are a couple pairs that I am eyeing that are […]

The post Top Trader Says Says One New Altcoin Project Set To Go Much Higher Amid ‘Reliable Setups’ In Market appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%

This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours. In the preceding week, bitcoin and ethereum each dipped between 5.4% and 1.8%. Notably, only four coins experienced double-digit increases, with helium (HNT) emerging as the top performer with a 34.3% rise this week. Crypto […]

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia

Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia

A widely followed crypto strategist says one Solana (SOL) rival may be gearing up for a breakout. Pseudonymous analyst Altcoin Sherpa tells his 215,200 followers on the social media platform X that layer-one blockchain Sei (SEI) may reverse to the upside after retesting a key level. “Coins like SEI are at pivotal areas. 200-day exponential […]

The post Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia

Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia

A widely followed crypto analyst and trader is expressing bullish sentiment on a Solana (SOL) competitor while offering his forecast on three altcoins. Starting with Sei (SEI), the analyst pseudonymously known as Altcoin Sherpa tells his 215,200 followers on the social media platform X that the native token of the layer-1 blockchain “could be a […]

The post Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Are Altcoins Done? Trader Issues Alert Amid ‘Scary’ Behavior in Chainlink (LINK) and Others

Are Altcoins Done? Trader Issues Alert Amid ‘Scary’ Behavior in Chainlink (LINK) and Others

A widely followed crypto strategist is warning about the altcoin market as projects like Chainlink (LINK) correct. Pseudonymous analyst Altcoin Sherpa tells his 214,900 followers on the social media platform X that most altcoins may enter a months-long consolidation phase. “It’s quite possible that altcoins are done for the next one to four months. There […]

The post Are Altcoins Done? Trader Issues Alert Amid ‘Scary’ Behavior in Chainlink (LINK) and Others appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Analyst Says One Memecoin Setting the Stage for Stronger Rally, Names Altcoin Presenting Opportunity After Dip

Analyst Says One Memecoin Setting the Stage for Stronger Rally, Names Altcoin Presenting Opportunity After Dip

An analyst known for making timely altcoin calls says one Dogecoin (DOGE) rival will make a huge comeback after the crowd takes their attention elsewhere. Pseudonymous analyst The Flow Horse tells his 210,100 followers on the social media platform X that he’s long-term bullish on the memecoin dogwifhat (WIF). According to the top trader, WIF […]

The post Analyst Says One Memecoin Setting the Stage for Stronger Rally, Names Altcoin Presenting Opportunity After Dip appeared first on The Daily Hodl.

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain