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via The Block · By The Block Editorial

Coinbase invests in Ethena via open market purchase of ENA, flags new partnership

ENA

ENA/USDT

$0.0915
+3.86%
24h Volume

$220,566,651.19

24h H/L

$0.0930 / $0.0877

Change: $0.005300 (6.04%)

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data
ENA
ENA
Daily

$0.0914

1.33%

Volume (24h): -

Resistance Levels
Resistance 3$0.1050
Resistance 2$0.0973
Resistance 1$0.0939
Price$0.0914
Support 1$0.0908
Support 2$0.0865
Support 3$0.0815
Pivot (PP):$0.089733
Trend:Uptrend
RSI (14):63.9
TB
The Block Editorial
(05:29 PM UTC)
1 min read
DK
Reviewed byDavid Kim
798 views
0 comments

Coinbase Ventures said Tuesday it has invested in Ethena after purchasing ENA tokens on the open market.

Ethena said the two companies have also become partners "to grow onchain finance and savings products." Coinbase mentioned a "closer partnership" that included Circle's USDC stablecoin, according to a social media post.

ENA jumped in price following the announcement, up about 6% during the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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