Altcoins HYPE, WLFI, and ENA are Rising While Bitcoin Slows Down
Simply put Ethena has increased by 7.3% amid rising interest in “stablecoin-driven models and yield structures” within the DeFi space. The WLFI token, associated with the Trump family, has surged 36% since hitting a low on November 21. However, experts note this isn’t a broad “alt season,” but rather a careful selection of altcoins that […]
StablecoinX increases funding to $890M for Ethena’s ENA treasury
The acquisition of Stablecoinx and Tlgy has brought in an extra $530 million to purchase digital assets, marking a total commitment of $890 million in anticipation of the merger and NASDAQ listing. Now known as Stablecoinx Inc., the company aims to hold over 3 billion ENAs, which are the native tokens of the Ethena protocol. […]
SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction – TradingView
Bitcoin BTCUSD The stock is down about 8% for the week, but the silver lining is that bulls have aggressively bought the weekly lows. Even after the economy recovers, analysts are divided on the next direction. Some expect the correction to deepen further, while others expect the uptrend to resume. Bitcoin's rally on December 20th […]