BlackRock has integrated Ethena's synthetic dollar stablecoin USDe into its Aladdin investment platform, which manages over $20 trillion in assets. This move allows institutional investors like insurers and pension funds to access USDe within their existing portfolio and risk management systems. Following the announcement, Ethena's governance token ENA surged by up to 12%, outperforming the broader crypto market. The integration also expands BlackRock's collaboration with Ethena, including using BlackRock's tokenized money market fund BUIDL as a reserve asset and providing liquidity for tokenized products, signaling deeper ties and potential growth for USDe adoption among institutions.
Ethena (ENA) experienced a sharp price decline of 4.17% within one hour, falling to $0.2485 as of early October 2. This drop extended its total loss over the past 24 hours to 6.82%. The price data was sourced from Binance spot trading against USDT, w...
Ethena (ENA) recently formed a bullish golden cross on its three-day chart, signaling potential upward momentum. However, a similar pattern in 2025 led to a sharp 34% correction after reaching a peak, suggesting ENA might experience a roughly 35% pul...
Ethena (ENA) token price fell by 4.41% within an hour to $0.2646 on Binance spot trading, despite being up 6.48% over the previous 24 hours. During the same hour, long liquidations across Binance, Bybit, and OKX totaled $90,000, while no short liquid...
Standard Chartered initiated coverage on Ethena, assigning a $2 price target for its ENA token by the end of 2028, implying a potential 669% increase from current levels near $0.26. The bank projects the USDe stablecoin supply to grow from $4.9 billi...
Ethena (ENA) experienced a sharp 4.08% price decline within one hour on September 30, falling from $0.2771 to $0.2658 by 11:03 a.m. ET. This short-term drop occurred even though ENA had gained 4.48% over the previous 24 hours, showing volatility in i...
