Ethena (ENA)

Ethena Launches Stablecoin UStb, Backed by BlackRock BUIDL and Securitize. Ethena Labs, has just announced the launch of their newest stablecoin, UStb.

Ethena Launches UStb Stablecoin, Backed by BlackRock BUIDL and Securitize

Ethena Launches UStb Stablecoin, Backed by BlackRock BUIDL and Securitize.webp

thumbnail_Ethena Launches UStb Stablecoin, Backed by BlackRock BUIDL and Securitize.webp

Ethena postponed the launch of the Ethena Season airdrop inspection page previously scheduled for today, to next Monday. 

Ethena Airdrop Season 2 Inspection Page

<img src="https://static.bittime.com/cms-static/upload/Ethena_Airdrop_Season_2_Inspection_Page_da21e6c6ff.webp" alt="Ethena Airdrop Season 2 Inspection Page" width="2048" height="1152">Bittime -&nbsp;Ethena Labs announced that the launch of the Ethena Season airdrop inspection page, previously scheduled for today, will be postponed until next Monday.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Ethena Airdrop&nbsp;Season 2 Inspection Page</h2>Ethena announced that this delay was made to ensure the accuracy of the data that will be displayed on the airdrop inspection page.&nbsp;That way, users can see the amount of ENA they are entitled to receive from the Ethena Season 2 airdrop.&nbsp;&nbsp;Even though the inspection page is postponed, users don't need to worry because the claim date continues as planned, namely September 30&nbsp;Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/harga-koin-ethena-naik-ini-penyebabnya">The price of Ethena Coin (ENA) is rising, this is the reason!</a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Ethena&nbsp;Airdrop Season 2&nbsp;&nbsp;</h2>Previously, Ethena Labs had announced that the Ethena Season 2 airdrop had ended on September 2. As much as 5% of the total supply of ENA tokens is allocated as rewards for participating users.To that end, users should be able to access the page scheduled for September 9 to see how many ENA tokens will be received. However, with this delay, the page will only be available next Monday.&nbsp;Despite this, Ethena ensures that user experience remains a top priority and ensures that the data presented is completely accurate before launch.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/reward/hamsterkombat?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/hamster_kombat_upcoming_listing_d9e1665dfb.webp" alt="hamster kombat upcoming listing.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">ENA Token and Ethena Airdrop&nbsp;Season 2&nbsp;</h2>ENA token is a crypto asset issued by Ethena Labs. Like other tokens in the crypto ecosystem, the ENA token serves as the primary utility on the Ethena platform.&nbsp;This token can also be traded on various crypto exchange platforms, so users are free to use it according to their needs.Meanwhile, Ethena airdrop Season 2 is one of Ethena Labs' ways to increase ENA token adoption. That way, the value of the ENA token is expected to increase.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/penggunaan-usde-untuk-taruhan">Ethena: Using USDe for Staking is Risky Not Dangerous</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SUN)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Ethena Airdrop Season 2 Inspection Page.webp

Ethena Postpones Launch of Ethena Airdrop Season 2 Inspection Page 

The price of Ethena (ENA) is not in good condition. To find out whether ENA is still worth keeping, here are the Ethena (ENA) price predictions for 2024–2035.

Updates! Ethena (ENA) Price Prediction 2024–2035 + ENA Investment Strategy

Prediksi Harga Ethena (ENA) 2024–2035 - Bittime

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Prediksi Harga Ethena (ENA) 2024–2035 - Bittime (1).webp

Ethena discuss the allocation of $45.4 million in reserve funds. Plans to invest some of these funds in real asset products that generate returns. Read here!

BlackRock BUIDL Raises $45 Million to Ethena Labs Reserve Fund

BlackRock BUIDL Ajukan 45 Juta ke Dana Cadangan Ethena Labs.webp

thumbnail_BlackRock BUIDL Ajukan 45 Juta ke Dana Cadangan Ethena Labs.webp

On July 16, 2024, Ethena Labs announced the opening of a discussion forum to discuss the allocation of $45.4 million in reserve funds. The fund is currently backed by $235 million in Tether (USDT) backing their USDe stablecoin. Ethena Labs plans to invest some of these funds in real asset products that generate returns. Read more here!

The price of Ethena coin (ENA) has recently experienced a significant increase. What factors caused the increase? Check out the following article for complete information!

Reasons why the price of Ethena Coin (ENA) is increasing

Ethena Labs announces the launch of the Ethena prize asset proposal mechanism. Read this article until the end to find out the detailed news.

Ethena Proposes Distribution of Reserves to RWAs, BlackRock's BUIDL Fund Proposes $34 Million

Ethena Usulkan Distribusi Cadangan ke RWA - Bittime

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Ethena Usulkan Distribusi Cadangan ke RWA - Bittime (1).webp

Ethena (ENA) is facing bearish pressure after dropping below $0.63, indicating more bearish market sentiment. Read more here!

Ethena Price Latest: Will ENA Price Get Upside Support?

thumbnail_Ethena Price Latest: Will ENA Price Get Upside Support?

- Ethena (ENA) is facing bearish pressure after dropping below $0.63, indicating more bearish market sentiment. While there is a possibility of an upside if resistance at $0.57 is overcome, there are no definite indications of a significant rally any time soon.

Ethena's value recently fell below the important figure of $0.63, signaling a bearish phase. Mixed market sentiment is represented by recent price fluctuations among major alternative coins.

It is very clear that there is a tug-of-war between the bullish and bearish forces at the moment, the bullish forces are stronger. The decline in ENA values ​​shows this. ENA has fallen by 11% over the past week and month, by 38% respectively. This indicates a bearish trend affecting the crypto market. There are no signs of an increase yet.

Ethene Price Ranges Between $0.63 and $0.53

Ethena prices range between $0.63 and $0.53. But the bullish momentum could not be maintained, so it fell below the support level. Most cryptocurrencies trade sideways, with some showing an uptrend and others experiencing a downtrend.

Currently, Ethena is experiencing a bearish trend. Value may further weaken if market forces are insufficient. Persistent bearish pressure on the cryptocurrency could accelerate the decline, potentially falling to its support level around $0.56 in the near term.

On the contrary, there is a high possibility of upside momentum if buyers can overcome the $0.57 resistance. This spike could push ENA to test major resistance at $1. With continued bullish pressure, Ethena price may rise to $2 in the next rally.

Ethena price is currently trending down as the price fell below the key support level of $0.63. Current market sentiment is more bearish than positive, although there are some indications that upside is possible if resistance at $0.57 can be overcome. 

With bearish pressure still dominant at the moment, there is no indication that Ethena's price will rise significantly in the near future. Investors and traders should monitor further market developments to find possible shifts in the trend in a stronger bullish direction.

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Ethena (ENA), an Ethereum-based synthetic dollar protocol, is facing a tug-of-war between bullish and bearish forces. Understand ENA predictions in this article

Ethena Coin Price Prediction: Can ENA Reach $2 in 2024?

Ethena Coin Price Prediction Can ENA Reach $2 in 2024.jpg

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 - Ethena (ENA), an Ethereum-based synthetic dollar protocol, is facing a tug-of-war between bullish and bearish forces. Recent price movements have shown uncertainty, with ENA dropping below the crucial $0.63 level and currently hovering around $0.55.

The decline reflects a broader trend in the cryptocurrency market, where mixed sentiments dominate. ENA prices have fallen significantly by 38% in the past month, highlighting the ongoing bearish pressure.

Technical indicators provide some insight into ENA’s potential future movement. Bollinger Bands on the daily chart are showing a narrowing range, indicating a period of low volatility. However, a slightly bearish signal from the MACD and a neutral RSI reading of 46 suggest a directionless market.

Breaking Through Resistance: The Key to ENA's Rise

For ENA to regain momentum, bulls need to overcome the resistance level at $0.57. 

A successful rise could push ENA to test the significant hurdle at $1. 

Continued bullish dominance could even pave the way for a rally to the coveted $2 mark.

Grafik Harga Solana (Sumber: TradingView via Cointelegraph)

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Grafik Harga Solana (Sumber TradingView via Cointelegraph).jpg

Bearish Threat: Potential Support Levels to Watch

However, if the bearish grip strengthens, ENA's value may weaken further. The nearest support level is around $0.56. A continued decline could even push ENA to a lower support level near $0.5.

More Than Just Technical Analysis: Market Sentiment and Utility are Key

While technical indicators offer valuable insights, ENA’s future also depends on broader market sentiment and its ability to demonstrate real-world utility. Increasing adoption and integration in DeFi protocols could reinject investor confidence and propel ENA higher.

The next few weeks will be crucial for ENA. Can the bulls muster enough strength to break the resistance and trigger a rally to reach $2? Or will the bears continue to control the market, pushing ENA to lower support levels? 

Only time will tell, but one thing is for sure - ENA's journey in the ever-evolving crypto landscape promises to be an interesting one.

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.