ENA

Ethena (ENA) Is ‘The LUNA Of This Cycle’ With 20x Potential

by
Ethena (ENA) Is ‘The LUNA Of This Cycle’ With 20x Potential

Charles Edwards, the founder of Capriole Investments, has sparked significant interest and debate within the cryptocurrency community. He heralded Ethena (ENA) as “the Luna of this cycle,” but with a crucial difference: its economic fundamentals are deemed sustainable. Edwards elaborated, “It’s 100% collateralized and the yield is variable based on …

Read more

Bitcoin Crash? CryptoQuant CEO Sees LUNA-Like Risks Ahead

by
Bitcoin Crash? CryptoQuant CEO Sees LUNA-Like Risks Ahead

Ethena Labs has revealed its latest strategic move: the inclusion of Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe. This decision, aimed at significantly scaling the product’s supply from its current $2 billion, capitalizes on the burgeoning BTC derivative markets for enhanced scalability and liquidity in delta hedging …

Read more