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Crypto News

ENA Soars on Debut: Ethena Protocol’s Governance Token Makes a Splash

The Ethena Protocol, a rising star in the Decentralized Finance (DeFi) space, witnessed a spectacular debut for its native token, ENA, on major cryptocurrency exchanges. ENA rocketed by a staggering 90% within its first 24 hours of trading, igniting excitement within the crypto community. Ethena, known for its innovative yield-generating synthetic dollar, USDe, has garnered...Read More

Wall Street Analyst Defies Post-ETF Dip: “Bitcoin Still a Bullish Bet in 2024

Despite Bitcoin’s recent price slump following the highly anticipated launch of Bitcoin ETFs, some Wall Street analysts remain optimistic about the digital asset’s long-term prospects. Markus Thielen, head of research at 10x Research, argues that the current dip is a temporary blip and urges investors not to turn “bearish” on Bitcoin just yet. “While the...Read More

Crypto Market Cap Stabilizes Around $850 Billion; Is the Bear Market Over?

The global cryptocurrency market capitalization has stabilized around $850 billion, offering a much-needed respite after months of relentless decline. This newfound stability has sparked cautious optimism amongst investors, prompting the question: is the bear market finally easing its grip on the crypto landscape? Several factors contribute to this recent stabilization. Firstly, the dramatic price drops...Read More
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