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Ethena (USDe) has recently caught the attention of Bitwise President, Teddy Fusaro, who has acknowledged it as potentially the fastest-growing USD-denominated asset in the history of crypto. The protocol operates similarly to an ETF, where contributions are accepted from Authorized Participants (APs) to issue units, or USDe tokens, which are then invested in a pre-determined
After experiencing a surge in risk appetite within the meme coin sector, Floki’s price has gradually declined despite a $170 million trading volume influx. Named after Elon Musk’s beloved Shiba Inu dog, Floki currently stands as the fifth-largest meme coin by market capitalization. The FLOKI market cap hovers around $1.84 billion, showcasing its significant presence
The Bitcoin Halving is a significant event in the world of Cryptocurrency that takes place approximately every four years. It is designed to reduce the supply of Bitcoin, thereby increasing its scarcity and ultimately strengthening the security of the network. However, the unintended consequences of the halving include attracting more participants, speculation, and volatility to