Crypto treasury firms are targeting marginal tokens, fueling fears of volatility

As companies focused on stockpiling bitcoin and other major cryptocurrencies come under pressure from market saturation and deteriorating sentiment, new entrants are pushing into less popular tokens, fueling concerns about increased volatility.Buoyed by US President Donald Trump’s crypto-friendly stance and inspired by the rapid success of Michael Saylor’s strategy, the number of publicly traded companies […]

Ethena (ENA) Further purchase accelerate as Stablecoinx increases total financing to $ 895 million – Blockonomi

TLDR: Stablecoinx raised $ 530 million and took the total pipe financing at $ 895 million for Ena -Token purchases. The new increase supports an ENA decay of $ 310 million for six to eight weeks. Combined pipelines now cover around 20% of the circulating token stock of ENA. Ethena Foundation retains veto rights on […]