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Ethereum News Today: DeFi is waiting for interest rate cuts, Hayes bets on ENA

Source: CoinWorld
BitMEX co-founder Arthur Hayes invested $1.01 million to acquire 1.395 million ENA tokens at an average price of $0.73, marking his strategic transformation to DeFi assets. Hayes expects the ENA price to exceed $1.50 after the rate cut, which is consistent with Ethena’s recent $530 million PIPE transactions and the rapid growth of its stablecoin, USDe, which has reached $12.6 billion in supply.
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