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Crypto News Summary October 8
Crypto news summary for October 8: ENA surged after Coinbase Ventures bought Ethena tokens, signaling stronger conviction and boosting liquidity hopes.
Coinbase Ventures Buys ENA After Ethena Deal
ENA jumped after Coinbase Ventures revealed an open-market buy tied to a Coinbase-Ethena distribution deal, signaling stronger conviction and support.
Ethena ENA Risks More Selling Despite Value
Ethena's ENA looks deeply undervalued on-chain, but a sharp April 2 drop and weak demand suggest more selling pressure could still lie ahead.
Crypto News Summary March 13
March 13 crypto recap: Ripple minted 69M RLUSD then burned 10M; Wells Fargo teased WFUSD, EF execution focus, plus stablecoin insurance and Binance risks.
Ethena’s Deployed Capital Plunges 85% to ~$791M as Leverage Demand Cools
Ethena's deployed capital sank 85% to ~$791M from $5B+ as perp leverage demand cooled, compressing funding and USDe basis-trade yields as carry returns fade.
Crypto News Summary February 26
Feb 26 crypto recap: Bitcoin held mid-$60Ks as ETF flows stayed strong; DeFi metrics rose (Aave, Uniswap, Ethena) while regulation tightened as IMF flags rates.
Ethena (ENA) Jumps After Q1 Revenue Beats Q4 2025, Yet USDe Depeg Risk Still Lingers
Ethena (ENA) surged double digits as Q1 protocol revenue beat Q4 2025, fueling buyback hopes; yet USDe depeg risk looms for holders, raising questions.