Ethena, the protocol behind the USDe synthetic dollar, is broadening its delta-neutral backing strategy from crypto to equity perpetual futures, which now have over $6 billion in open interest. This shift aims to tap into higher funding rates in equity perps and a larger market compared to crypto, with expectations that equity perpetuals will become the main yield source for USDe within 12 to 24 months. The move follows Ethena's broader diversification efforts started in April 2026, including commodities and institutional lending partnerships like a $1 billion facility with FalconX, to reduce reliance on crypto funding rates and enhance yield stability for USDe holders.
Solana (SOL) is showing strong bullish signals, holding its key support zone at $96-$97 after breaking above it, which sets the stage for a near-term move toward $120. This breakout-and-retest pattern suggests the $120 level is the next target if SOL...
Elastic reported strong fiscal Q1 results and raised its full-year guidance, leading to a roughly 15% surge in its stock price. The company's consumption-based model protects it from typical SaaS risks and positions it well to benefit from increasing...
Meta Platforms continues to attract investor interest as its advertising revenue rose 27% year-over-year in Q2 2026, driven by AI enhancements that increased ad clicks and conversions. Despite concerns over high capital expenditures and a costly laws...
Bitcoin is currently trading around $79,800 with sellers temporarily in control, though the overall market trend remains bullish. The price has fluctuated between $78,597 and $81,281 in the last 24 hours, facing resistance near $83,000, a key level t...
Ethereum ETFs saw a net inflow of $713 million last week, close to Bitcoin ETFs' $884 million, marking Ethereum's strongest inflow in about ten months. This surge reflects a shift in institutional investors' interest, driven by lower Treasury yields ...
