Coinbase Ventures Invests in ENA as Ethena Scales USDe Beyond $1B
Key TakeawaysCoinbase Ventures bought ENA as Coinbase and Ethena expand onchain finance products.Ethena products could reach Coinbase’s 100M+ users, boosting USDe and ENA adoption.Coinbase and Ethena plan a new growth initiative next week…
Bitmine Buys $52M ETH, Tom Lee Says Fundamentals Strong
Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths.“Over the past week, we acquired 26,497…
Dogecoin (DOGE) Dips Below $0.10, Yet Key Indicator Flashes a Buy Signal
"This old meme coin is about to do something insane," one X user predicted.
The largest meme coin by market capitalization has followed the broader crypto market’s…
How High Can NEAR Price Go in June?
NEAR, the native token of the AI- and privacy-focused Near Protocol, has been an outlier in the broader crypto market, outperforming top coins such as Bitcoin (BTC) and Ether (ETH) in recent weeks.As of Tuesday, NEAR traded as high as…
Why ‘overextended’ Worldcoin can still rally despite 13% losses in 24 hours
On 18 May, Worldcoin tested the bottom of a local range formation at $0.233. It has not looked back since. In fact, the bulls have been on a mission, driving a 70% rally in two weeks.
The spot trading volume trends have been healthy…
US Treasury Sanctions Iran’s Nobitex Crypto Exchange
The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system.The Treasury said…
ZachXBT Slams EdgeX After Sudden Token Collapse
The crash unfolded amid rising DeFi security concerns following recent exploits across bridges and liquidity pools.
The EDGE token collapsed to an all-time low of around…
Cardano’s TapTools Winds Down After Losing 5 Execs
TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X…
Bitmine ETH Accumulation Slows After Reaching 4.49% Supply
TLDR
Bitmine Immersion reduced its weekly Ethereum purchases after nearing its long term supply target.
The company added 26,497 ETH last week, bringing total holdings to about 5.42 million tokens.
Bitmine now controls roughly…
Paxos Adds Dogecoin to Brokerage and Custody Platform
The Dogecoin Foundation’s corporate arm has partnered with Paxos to integrate DOGE across its brokerage and custody infrastructure, potentially expanding access to the memecoin through regulated financial channels.According to a Monday…