Janus Henderson, a $480 billion asset manager, made a strategic investment in Ethena's governance token ENA and plans to use Ethena's USDe synthetic dollar for treasury cash management. The firms will also explore offering USDe to Janus Henderson clients through exchange-traded products. This deal highlights the growing trend of traditional finance firms backing decentralized finance (DeFi) infrastructure. Ethena recently partnered with Coinbase Ventures and expanded its institutional lending support with Anchorage Digital, positioning itself as a major DeFi protocol with about $5 billion in assets under management.
Bitcoin was the most-searched cryptocurrency on Nov. 5, trading at $76,140 with a 5.8% decline over 24 hours. Among the seven top searched assets, six fell in price, with Lighter (LIT) being the only gainer, up 0.27%. Other notable declines included ...
LayerZero (ZRO) fell 12.77% in 24 hours, leading declines among major cryptocurrencies as 75 of the top 90 coins lost value. Other notable drops include Ethena (ENA) down 11.49%, Worldcoin (WLD) down 10.95%, and Uniswap (UNI) down 10.67%. Meanwhile, ...
Ethena (ENA) token price fell sharply by 12.26% to $0.1607 as of November 5, 12:51 p.m. ET, marking the largest percentage decline among major digital assets including Bitcoin, Ether, and Solana. Bitcoin dropped 5.49% to $75,915, Ether fell 7.16% to ...
Ethena (ENA) experienced a sharp 7.12% price drop within one hour to $0.1618 on November 5, with a total 24-hour decline of 12.54%. This downturn coincided with $2.44 million in long position liquidations across Binance, Bybit, and OKX, signaling str...
On November 4, Zcash surged 8.23% to $1,305, leading a broad rally among the top 90 cryptocurrencies by market cap, with 76 gaining in the past 24 hours. Other notable gainers included Ethena, NEAR Protocol, PancakeSwap, and Injective, all rising bet...
