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Ethena’s ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

Ethena’s ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

Ethena’s USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token’s risks.

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MoonPay partners with BitPay to streamline crypto transactions

The partnerships makes selling crypto easier, in addition to streamlining how users send crypto to their bank account or debit card.

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Solana and Cosmos Lead CoinDesk 20 Higher: CoinDesk Indices Market Update

Go to Source Author: Tracy Stephens

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Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others

The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.

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Lava Foundation raises $11 million in token round ahead of airdrop

Lava Foundation, a newly formed non-profit for the development of the modular blockchain network Lava, has raised $11M in a token round.

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Suilend to Run Monthslong Points Program With a Twist

The protocol’s’s pseudonymous founder Rooter previously has been critical of “predatory” points programs.

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Bitcoin market ‘improving’ after hitting local low of $56,500: Standard Chartered

Standard Chartered adjusts short-term bitcoin forecast to state market will improve, after reaching a local low of $56,500.

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ZKM raises $5 million ahead of Bitcoin-based Layer 2 launch

ZKM has raised $5 million in an early-stage funding round, as it prepares to launch a new Layer 2 network on the bitcoin blockchain.

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Former Sequoia exec’s fund invested $24 million in BlackRock bitcoin ETF, over twice its position in Meta

Hong Kong-based Monolith Management has a larger position in BlackRock’s spot bitcoin ETF than in established tech giant Meta.

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Bitcoin Could Benefit From U.S. Fiscal Dominance and a Trump Win, Standard Chartered Says

A Trump election win could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said.

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