ENA price

🚨 Coinbase announces the addition of Ethena (ENA) to its listing roadmap! 📷 Today, Coinbase Assets officially confirmed that Ethena (ENA) has been formally included in its listing roadmap, marking an important step for this Ethereum ecosystem project! 💡 ENA is a platform focused on synthetic dollars and native internet yield, with its core product USDe aimed at bringing stability and scalability to the DeFi ecosystem. ⚽️ The specific listing time has not yet been determined, pending market support and technical infrastructure improvements. Coinbase will announce separately once conditions are met. However, upon the news, ENA's price quickly reacted, soaring from $0.312 to $0.338, an increase of 8.6%! Trading volume also surged 91.7% in the past 24 hours, reaching $254 million, showing high market attention. 🚩 Reminder: Currently, ENA is only at the roadmap stage and is not yet supported for trading or transfers. There is a risk of loss if funds are deposited into Coinbase before the official listing, so invest cautiously! 🕯️ The inclusion of ENA may further drive its application in the DeFi field.

There is no rest button in the crypto market, only the ever-changing narrative rhythm and market tentatives. With the holiday season over, BlockBeats has compiled a list of events and signals worth paying attention to during the Dragon Boat Festival. The "flash in the pan" of the LOUD token SocialFi project Loudio (LOUD) completed its IAO on May 31 through HoloworldAI's HoloLaunch platform, with 45% of the total issuance of 1 billion tokens going through this crowdfunding round, raising approximately 400 SOLs. The project was initiated by @0x_ultra, a developer who has participated in the DeFi protocol Jones DAO, and the construction idea is highly dependent on Kaito AI's on-chain social scoring system. The most notable initial FDV of $150,000, combined with the threshold of 0.2 SOL per person to participate in the IAO, sparked significant speculation in the Solana community. LOUD evaluates the originality and dissemination of content posted on platform X through Kaito AI, and rewards 72% of the transaction fees to the top 25 posters according to the leaderboard every week, another 18% to KAITO stakers, and 10% to the creator fund. In order to compete for the position of the leaderboard, some users posted a large number of homogeneous content on the X platform, and even borrowed clickbait technology to attract interaction, which caused a certain amount of disgust in the community. At the time of writing, LOUD's total market capitalization was $6.57 million, down 80% from its market capitalization high. The Labubu craze sparks meme coin infringement controversy In the past few days of the holiday, the market value of the Solana ecological meme coin, which is based on the Bubble Mart trendy play IP, exceeded $70 million $LABUBU, hitting a record high. Looking back on the success of the Labubu token, the most intuitive reason is the out-of-the-circle effect of its IP foundation and social communication. Labubu is a popular toy IP under POP MART, which has been officially certified by the Tourism Authority of Thailand, and has been loved and promoted by celebrities many times, further enhancing Labubu's global popularity and sparking a global following. The official publicity and airdrop opportunities were also used in an ingenious way to ask participants to post a cute photo of LABUBU and tweet it, and get friends to like and retweet the tweet, which also accelerated Labubu's circle-breaking publicity. Related Reading: A New Consensus for Young People: Labubu, CSGO and the Meme Coin As a result, $LABUBU's rise has benefited from Labubu's strong cultural influence as a globally popular IP, however some in the community have expressed concerns about its infringement risks, which may limit its long-term growth, such as not being able to list on regulated trading platforms. Backdoor entry into the "micro-strategy" game Other headlines during the holiday season include SharpLink Gaming, a NASDAQ-listed company that will become Ethereum's version of "microstrategy." On May 27, SharpLink Gaming announced a $425 million financing agreement through a private equity investment (PIPE), led by Consensys Software Inc. as the lead investor, with participation from well-known crypto venture capital institutions such as ParaFi Capital, Electric Capital, Pantera Capital, Galaxy Digital, etc. It aims to drive its Ethereum financial strategy. Related Reading: Ethereum's "Strategy Moment"? SharpLink Gaming's $425 Million Bet on ETH Reserves Subsequently, SharpLink Gaming filed a Form S-3 ASR with the SEC and has entered into an ATM (mark-to-market) sale agreement with A.G.P., pursuant to which A.G.P. may issue and sell up to $1 billion of common stock in aggregate. The vast majority of the proceeds from the issuance will be used to purchase ETH, the native cryptocurrency of the Ethereum blockchain, and the proceeds from the offering are also planned to be used for working capital needs, general corporate purposes, operating expenses, etc. However, on June 2, Sharplink Gaming's stock price fell more than 20% pre-market, and has risen by 1,918.26% in the past 5 days. Whale James Wynn also started "begging on the chain" The day before the Dragon Boat Festival, James Wynn was liquidated for a highly leveraged BTC long position, and his $100 million worth of positions was liquidated at that time. According to Lookonchain data, its cumulative losses were as high as $9.36 million, with a total loss of $17.72 million. Subsequently, James Wynn closed all positions and transferred the last about 460,000 USDC out of his HyperLiquid account, completely emptying it. Just one day after the short position, James Wynn redeemed the 126,116 HYPE (worth about $4.12 million) he had previously pledged, and sold it at an average price of $32.7 to make a profit of $1.05 million. On June 2, James Wynn opened another 40x leveraged BTC long position, holding 944.93 BTC, with an opening price of $105,890.3 and a liquidation price of $104,580. As the market fluctuated downward, he continued to replenish the margin through the chain, and the liquidation price was adjusted to $104,360 and $104,150 successively, and finally was pushed to around $103,610, which is only about $20 away from the actual market price. As leverage approached the threshold of liquidation, Wynn launched a fundraising request on social media, publicly saying, "If you want to fight against the market-making group and support me, please transfer USDC to the designated address." He promised to return the crowdfunding funds 1:1 if the deal was successful. This move quickly sparked controversy, and even Liang Xi burst into James's comment section to say that this kind of behavior is "infringement". Related Read: Who's Directing James Wynn's Reckoning? 》 Circle raises its valuation before pre-IPO Recently, Circle will expand its Nasdaq IPO, raising its valuation to $7.2 billion from $5.4 billion previously. The company and some shareholders will issue 32 million shares priced at $27 to $28 per share, raising up to $896 million, reflecting the capital market's focus on stablecoins and RWA narratives. Driven by this, a number of on-chain projects have become the focus of capital chasing, mainly including: 1. ONDO: Partnered with BlackRock to issue OUSG U.S. bond tokens, with a current market capitalization of $2.6 billion; 2. KTA: The RWA project on the Base chain has increased by more than 10 times in recent months; 3. ENA: Stablecoin sentiment concept stock, which has been included in the Coinbase listing plan 4. B: The meme stablecoin on the BSC chain may attract market attention due to the transfer of USDC from Circle to Binance. Related reading: "Circle quasi-listing, what targets can be speculated?" 》 Circle's IPO is considered to be a landmark event for crypto-native companies to hit the Nasdaq capital market again after Coinbase and Antalpha. Behind it is not only the verification of the business model of stablecoin infrastructure, but also seen as an important signal that the on-chain dollar and RWA narrative have once again been recognized by mainstream capital.

Circle, the world's second-largest stablecoin giant, filed a prospectus at the end of May to list on the Nasdaq at an estimated valuation of $5.4 billion. Unexpectedly, a few days later, perhaps because of the popularity of the stablecoin + RWA concept, Circle announced that it had raised its valuation from $5.4 billion to $7.2 billion. Since the beginning of this year, the RWA concept has been significantly different from previous years, the favorable stablecoin policy of the United States and Hong Kong, China, the attention of Wall Street to the RWA project represented by BlackRock, and the current situation of a lot of old money entering the stablecoin, so that the concept of RWA and stablecoin quickly went out of the circle, and even the stablecoin concept of Hong Kong stocks and A-shares has risen to the limit. As the third giant in the cryptocurrency industry to have a native NASDAQ IPO (after Coinbase and Antalpha), what are the relevant targets in the cryptocurrency circle that can be speculated? ONDO BlackRock announced at the end of May that it had bought 10% of its shares in the Circle IPO to become the new shareholder of Circle, and BlackRock's most important partner on the RWA track is Ondo. OUSG, a U.S. bond token issued by Ondo, uses the BlackRock BUIDL fund as one of the core underlying assets, and users buy OUSG equivalent to indirectly holding a share of the BlackRock U.S. Treasury fund. The problem is that the market cap is a bit high, though, and ONDO now has a market cap of $2.6 billion. KTA Needless to say, the close relationship between Coinbase and Circle goes without saying, so in addition to the benefits of COIN, the listing of Circle can also explore the public chain Base. Funding has already given the answer, and the RWA public chain KTA issued on Base is 10 times a month and now has a market capitalization of $400 million. In hindsight, Base+RWA+small market capitalization, it is indeed very suitable for funds to choose KTA as a leader. ENA Although it doesn't have much to do with Circle, after all, it is the most preferred target for the concept of stablecoins, and it has also experienced speculation. Coinbase urgently put ENA on the shelf a few hours ago, and it seems that it is also anticipating the movement of funds. With a market cap of $1.9 billion, it seems to be slightly better than ONDO. B It's a very secretive route. Previously, Rhythm BlockBeats asked @vapor 0x to do some USDC analysis, mainly because the additional issuance of USDC is different from the past, but I don't know where these dollars go, which is very strange. @vapor 0x combed through and concluded that from January 2024, Circle's treasury address will continue to transfer USDC to Binance, most likely in preparation for the IPO and increase activity. "Even more dramatically, on January 31, 2024, the same day as the first large USDC transfer, the Binance Earn platform launched a limited-time offer including USDC, and the overlap in timing is almost impossible to coincide," he said. Therefore, with the blessing of USDC+USD 1, BSC's B, a $400 million stablecoin meme, I don't know if it will be selected by funds.

Circle, the world's second-largest stablecoin giant, filed a prospectus at the end of May to list on the Nasdaq at an estimated valuation of $5.4 billion. Unexpectedly, a few days later, perhaps because of the popularity of the stablecoin + RWA concept, Circle announced that it had raised its valuation from $5.4 billion to $7.2 billion. Since the beginning of this year, the RWA concept has been significantly different from previous years, the favorable stablecoin policy of the United States and Hong Kong, China, the attention of Wall Street to the RWA project represented by BlackRock, and the current situation of a lot of old money entering the stablecoin, so that the concept of RWA and stablecoin quickly went out of the circle, and even the stablecoin concept of Hong Kong stocks and A-shares has risen to the limit. As the third giant in the cryptocurrency industry to have a native NASDAQ IPO (after Coinbase and Antalpha), what are the relevant targets in the cryptocurrency circle that can be speculated? ONDO BlackRock announced at the end of May that it had bought 10% of its shares in the Circle IPO to become a new shareholder of Circle, and BlackRock's most important partner on the RWA track is Ondo. OUSG, a U.S. bond token issued by Ondo, uses the BlackRock BUIDL fund as one of the core underlying assets, and users buy OUSG equivalent to indirectly holding a share of the BlackRock U.S. Treasury fund. The problem is that the market cap is a bit high, though, and ONDO now has a market cap of $2.6 billion. KTA Needless to say, the close relationship between Coinbase and Circle goes without saying, so in addition to the benefits of COIN, the listing of Circle can also explore the public chain Base. Funding has already given the answer, and the RWA public chain KTA issued on Base is 10 times a month and now has a market capitalization of $400 million. In hindsight, Base+RWA+small market capitalization, it is indeed very suitable for funds to choose KTA as a leader. ENA Although it doesn't have much to do with Circle, after all, it is the most preferred target for the concept of stablecoins, and it has also experienced speculation. Coinbase urgently put ENA on the shelf a few hours ago, and it seems that it is also anticipating the movement of funds. With a market cap of $1.9 billion, it seems to be slightly better than ONDO. B It's a very secretive route. BlockBeats asked @vapor0x to do some USDC analysis, mainly because the additional issuance of USDC is different from the past, but I don't know where these dollars go, which is very strange. @vapor0x combed through and concluded that from January 2024, Circle's treasury address will continue to transfer USDC to Binance, most likely in preparation for the IPO and increase activity. "Even more dramatically, on January 31, 2024, the same day as the first large USDC transfer, the Binance Earn platform launched a limited-time offer that includes USDC, and the timing of this coincidence, which is almost impossible to coincide," he said. So with the blessing of USDC+USD1, BSC's B, a $400 million stablecoin meme, I don't know if it will be selected by funds.

24-hour major events in the crypto world! Quick overview of overnight market trends in 1 minute 1. Overview of this week's unlock data: #ENA, #EIGEN, #TAIKO will undergo large-scale token unlocks; 2. #LABUBU market cap surpasses $67 million, 24-hour increase of 22.8%; 3. #Vitalik: #Ethereum will expand L1 scale by about 10 times within a year, "catching a breath" before the next leap; 4. #CZ: Now might be a good time to launch a dark pool perpetual DEX; 5. Michael Saylor releases Bitcoin Tracker information, possibly hinting at another increase in #BTC holdings; 6. Ethena Labs launches high-yield savings feature for the #TON ecosystem, with annual returns up to 18%; 7. #Hyperliquid's May trading volume reached $248.29 billion, setting a new monthly record; 8. Opinion: #JamesWynn has had no trades in the past 24 hours, "reverse hedging rumors" seem increasingly credible. Previously, there were rumors in the market that he was opening positions on Hyperliquid while hedging in the opposite direction on multiple exchanges, attracting the entire network's attention to the Hype platform and causing fluctuations in Meme coin prices.