Author: John Smith
Ethena price has crashed by 57% from its highest level in December as sentiment in the crypto industry weakened. Ethena’s (ENA) decline has mirrored that of most altcoins. For example, Ethereum has dropped by over 32% from its December peak, while Cardano has fallen by 45%. Despite the ongoing token crash, Ethena’s network continues to perform well. The total value locked in the network, or the USDe stablecoin market cap, has surged to over $6.12 billion, nearing its all-time high of $6.2 billion. USDe has now become the fourth-largest stablecoin in the industry, trailing only Tether, USD Coin, and USDS.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Finance is gaining traction, challenging Solana and Pepe coin with its solutions and growth potential. As 2025 progresses, the cryptocurrency market continues to surprise and intrigue investors and enthusiasts alike. Among the frontrunners, Solana (SOL) and Pepe coin (PEPE) have consistently captured attention with their impressive price performances. However, a new contender, Rexas Finance, is quickly gaining traction, potentially reshaping the competitive landscape. This analysis discusses whether Rexas Finance can outpace the established dominance of SOL and PEPE by…
U.S. President Trump’s Securities and Exchange Commission has advanced staff changes with a shuffle in its crypto-focused litigation team amid plans to scale back enforcement actions. Jorge Tenreiro, the Securities and Exchange Commission’s top crypto prosecutor, has reportedly been moved to the agency’s IT department as regulators shift course on digital asset lawsuits. Tenreiro led several landmark SEC cases against major players like Ripple and Telegram as the agency sought court backing to assert its authority over crypto oversight. His transfer to a department responsible for maintaining SEC computer systems was finalized last week, according to the Wall Street Journal.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new cryptocurrency is gaining momentum, with early investors expect it to surpass Dogecoin in market value. A new cryptocurrency is gaining momentum among early backers, with many believing it could overtake one of the most well-known meme coins. Enthusiasm is building around Dogen, as supporters anticipate its market value is expected Tom exceed that of Dogecoin. This unexpected rise has caught the attention of crypto enthusiasts eager to learn more about this emerging player. DOGEN, the self-proclaimed “strongest…
Reservoir, a crypto infrastructure startup that facilitates token trading across the industry, has raised $14 million in a Series A funding round. Union Square Ventures led the funding round, Reservoir announced on Feb. 5. According to the platform, the capital injection will support its goal of bringing token trading to every blockchain network. As a crypto startup, Reservoir’s infrastructure offering enables trading with integrated non-fungible tokens across decentralized applications. Coinbase, MetaMask, Magic Eden, and Zora are among the crypto platforms that have integrated its services. However, the startup aims to expand its reach across the broader ecosystem. Reservoir’s expansion efforts…
Ondo Finance has announced a major update to its Ondo Global Markets (Ondo GM) platform, introducing a tokenization framework designed to bring publicly traded securities onchain. Ondo GM’s platform will enable investors outside the U.S. to gain onchain exposure to thousands of U.S. publicly traded securities, including stocks, bonds, and ETFs. Each token will be backed 1:1 by an underlying asset and will be freely transferable outside the U.S. The platform will also support third-party financial application development through APIs and SDKs, expanding the ecosystem for tokenized securities. 1/ Today, we’re excited to unveil a first look at the next…
Ransomware attacks surged last year, but victim payments declined as users refused to meet demands amid increased recovery efficiency by law enforcement. The lucrative ransomware business earned less from victim payouts year-over-year despite a rise in attacks launched by bad actors in 2024, according to a Chainalysis crime report. The report found that ransomware payments fell by 35% last year, totaling $813 million compared to a record $1.25 billion the year before. Cybercriminals initially saw success in the first half of 2024, with a 2.3% uptick in successful extortion attempts, including $75 million collected by the illicit Dark Angels Group.…
Galaxy Digital has launched the Galaxy Absolute Return Fund, an actively managed investment vehicle designed to provide exposure to the digital asset ecosystem and adjacent disruptive technologies. The fund aims to generate equity-like returns while avoiding direct investments in crypto tokens. Its multi-asset strategy includes both directional and non-directional positions, investing in publicly traded equities, ETFs, derivatives, and fixed-income instruments. By capitalizing on inefficiencies in digital asset markets, the fund seeks to deliver strong performance while maintaining a low correlation to Bitcoin (BTC) and traditional indices like the S&P 500. Risk adjustments According to Galaxy, the fund will employ a…
Blocksquare has launched a real estate tokenization framework in Europe, establishing Blocksquare SARL in Luxembourg to integrate blockchain technology with traditional land registries. The framework aims to provide a legally compliant method for property owners to tokenize economic rights tied to real estate while retaining full ownership, according to a note shared with crypto.news. Tokenization converts assets, like real estate, into digital tokens on a blockchain. Each token represents a share of the property’s economic value, such as rental income or resale profits. Property tokens using physical property as collateral Under the new framework, Blocksquare SARL issues Blocksquare Property Tokens…
Solana and XRP saw nearly double-digit declines in their prices on the weekly timeframe as U.S. President Donald Trump made key tariff announcements. Bitcoin’s decline dragged down most altcoins as crypto traders assessed developments in artificial intelligence and the ETF hype surrounding Solana and XRP. Two new voices offer their expertise on Solana’s meme coin ecosystem and the likelihood of altcoin ETFs in 2025, as crypto traders adjust to shifting tides in the crypto market. Solana ecosystem metrics and growth On-chain metrics tracking the activity, participation, and relevance of the Solana blockchain among traders show a decline across all three…