Bitcoin surges on expectations of a Federal Reserve rate cut: Can the cryptocurrency rally continue? | Bee Network
LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattMarketcryptoRelated: One-week token unlock: ENA will unlock approximately 3.1% of its circulating supply.
Ethena Project Twitter: https://x.com/ethena_labs Project website: https://www.ethena.fi/ Number of tokens unlocked this time: 210 million Unlocked amount: Approximately US$83.98 million Ethena Labs’ algorithmic stablecoin USDe currently relies on BTC, stETH, and their inherent yields as collateral. It simultaneously creates short positions in both Bitcoin and ETH to balance the Delta and utilizes perpetual/futures funding rates to maintain the peg and provide yield. Essentially, it uses spot profits to hedge against a 100% loss on short positions, achieving balance while still allowing users to earn ETH staking rewards and short position funding rates. The specific release curve is as follows: Space and Time Project Twitter: https://x.com/SpaceandTimeDB Project website: https://www.spaceandtime.io/ Number of tokens unlocked this time: 24.72 million Unlocked amount: Approximately US$1.31 million Space and Time is a decentralized data warehouse and…# Analysis# bitcoin# crypto# ethereum# Exchange# Market# TokenPre
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- The Federal Reserve