USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leading the Niche Stablecoin Market The $ 212 billion stablecoin market is currently dominated by Tether (USDT) and USDC, but a new entrant …
Blackrock’s Bitcoin Fund Tops 500,000 BTC as US ETFs Draw $353M in Inflows
On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $ 47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $ 353M ETF Influx The inflows to …
Avalanche-Based ‘Off the Grid’ Tops Epic Games’ Free Game Charts
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing the spotlight by skyrocketing 193%. This Week’s Crypto Gainers […]