$ENA Ethena Forms Golden Cross, Signals Potential Rally

Ethena's daily chart has formed a golden cross, reminiscent of a previous rally where ENA surged over 80%. Currently, ENA has gained 16% to reach $0.85, with a market cap of $5.4 billion.

Sequans Boosts Bitcoin Holdings with New Acquisition

Sequans has purchased 13 bitcoins at an average price of $117,012, bringing its total holdings to approximately 3,171 bitcoins, with a cumulative cost of around $370 million.

S&P Global Issues First ‘B-’ Rating for DeFi Protocol

S&P Global has assigned a ‘B-’ credit rating to Sky Protocol, the first for a DeFi platform, citing governance centralization and weak capitalization as key risks.

Bitcoin Targets $117K CME Gap Amid Economic Data

Bitcoin surged to $122,312 before pulling back, with traders eyeing a CME futures gap between $117K and $119K as a potential target. Upcoming U.S. CPI and PPI data could influence Federal Reserve rate cut expectations.

FG Nexus Acquires $200M in Ether

FG Nexus has purchased 47,331 ETH for approximately $200 million, aiming for a 10% stake in the Ethereum network through staking and finance participation