Browsing: Ethena

Mega Matrix’s $2 billion bet on Ethena’s synthetic stablecoin ecosystem highlights corporate shifts towards digital asset treasuries, driven by regulatory changes and yield opportunities, with implications for market growth and risks.

Ethereum’s recent surge above $3,300, driven by institutional demand and network improvements, signals a bullish future with potential new highs.

Bitcoin demonstrates remarkable stability, holding steady around $119,000 even as Galaxy Digital executes significant BTC transactions. This stability highlights Bitcoin’s maturation into a dependable asset class.

StablecoinX announces its public listing through a SPAC merger with TLGY Acquisition Corp., raising $360 million to bolster the ENA treasury and marking a significant step in crypto’s integration with traditional finance.