Ethena ignites: ENA doubles as whales pile in, yields top 10%

Indian cryptocurrency exchange CoinDCX has been hit by a major hack, with thieves making off with $44 million. The breach comes just a year after another Indian exchange, WazirX, lost a staggering $235 million in a similar attack. While CoinDCX’s CEO insists user funds are safe—claiming the stolen assets were company-owned—the timing and scale of the theft raise fresh concerns about security in India’s fast-growing crypto market.

Editor’s Note: This isn’t just about one exchange losing money—it’s another red flag for crypto investors in India, where exchanges keep getting targeted. With back-to-back hacks, people are right to ask: Are these platforms doing enough to protect assets, whether they’re corporate or customer-owned? If trust keeps eroding, it could slow down crypto adoption in a key market.

A big-time Dogecoin investor—known as a "whale" in crypto circles—just doubled down with a massive $21 million leveraged bet, fresh off cashing in a cool $2.14 million profit. The move, spotted by blockchain tracker Lookonchain, has crypto traders buzzing on social media, especially as Dogecoin shakes off its usual late-year slump with a surprising week-long rally.

Editor’s Note: When whales make bold moves like this, it often signals confidence (or at least high-stakes gambling) in a coin's future. Dogecoin's recent uptick breaking its usual Q3 slump makes this even more intriguing—whether it’s smart money or just hype, it’s got people watching. For crypto markets, where sentiment can shift prices fast, these big bets are like neon signs flashing "pay attention."

A crypto trader is predicting Bitcoin could surge to $125,000 soon, calling for a "big move" ahead, while Ethereum has already climbed to $3,750. Bitcoin's price is currently held back by a key resistance level, but if it breaks through, it could challenge its all-time highs.

Editor’s Note: Crypto traders are watching Bitcoin and Ethereum closely as both show signs of potential major price movements. If Bitcoin breaks past its current resistance, we could see a rally toward record highs—something that would ripple across the entire crypto market and possibly reignite broader investor interest. Ethereum's rise also suggests strong momentum in altcoins, making this a key moment for anyone tracking digital assets.

Ethena's token (ENA) has gone on a wild ride, doubling in price to hit $0.46—smashing its previous lows this year. The rally wasn't just retail hype; big-money "whales" piled in, trading volumes spiked, and the project's total value ballooned to $3 billion. Oh, and those staking yields? Still juicy at over 10%.

Editor’s Note: This isn't just another crypto pump. Ethena's surge suggests serious players are betting on its synthetic dollar model, even while critics debate its risks. For traders, the volatility is either a thrill or a hazard—but it’s definitely a sign that the "stablecoin-adjacent" corner of crypto is heating up.

Ethereum’s price just blasted past $3,700, and traders are already placing wild bets that it could soar to $12,000. Options markets are lighting up with optimism, suggesting some investors think this rally has serious legs.

Editor’s Note: Crypto markets thrive on hype, and right now, Ethereum’s got plenty of it. If enough big players believe in that $12K target, their bets could fuel even more price swings—whether it’s wishful thinking or a real signal, it’s definitely turning heads. For everyday investors, it’s a reminder that crypto moves fast, and today’s moonshot could be tomorrow’s footnote.