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Synthetic dollar protocol developer Ethena Labs has added Bitcoin (BTC) to the backing of its USDe stablecoin, the firm’s flagship product.
Announcing via the social media platform X, Ethena Labs says that using Bitcoin to back USDe is “a crucial unlock which will enable USDe to scale significantly” from its current supply of $2 billion.
USDe aims to be a censorship-resistant stablecoin that...
A Coinbase executive says the United States is lagging behind other major nations when it comes to adopting clearer regulations on cryptocurrencies.
In a new interview with Yahoo Finance, Faryar Shirzad, chief policy officer for the top US crypto exchange, says the majority of the Group of Twenty (G20) members are way ahead of the United States in helping the crypto industry flourish.
The G20...
Closely followed crypto analyst Jamie Coutts says one indicator with a history of calling Bitcoin Q2-Q3 rallies is potentially about to flash green for BTC.
Coutts tells his followers on the social media platform X that the dollar index (DXY), which measures the strength of the US dollar against a weighted basket of other major foreign currencies, is a critical indicator to watch for Bitcoin....
A widely followed trader is expressing bearish sentiment on a months-old memecoin built on Solana (SOL).
The trader pseudonymously known as Bluntz tells his 253,400 followers on the social media platform X that dogwifhat (WIF) may be due for a correction.
According to the pseudonymous trader who applies the Elliott Wave theory in his technical analysis, WIF appears to have completed a five-wave...
A massive crypto whale is unveiling his entire holdings of digital assets to the tune of hundreds of millions of dollars.
In a recent tweet, the pseudonymous trader named 0x_b1 proves that he owns a wallet that contains an immense trove of ER20 tokens by verifying his signature on the blockchain.
@jack @verified https://t.co/3RXIbiIS8iMind us a blue badge? #Bitcoin