Ethena Labs congratulates Native Markets as withdrawal from USDH contest clears the path for competitors.

͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­

	Forwarded this email? Subscribe here for more Ethena Labs drops out of Hyperliquid’s USDH stablecoin bid citing ecosystem concerns Ethena Labs congratulates Native Markets as withdrawal from USDH contest clears the path for competitors. CryptoSlate Sep 12   READ IN APP   Happy Friday! Ethena Labs has exited the race for Hyperliquid’s USDH stablecoin citing ecosystem concerns, clearing the way for competitors like Native Markets. Meanwhile, REX-Osprey is set to launch XRP and memecoin ETFs next week using a unique registered investment company structure. In market moves, a dormant Bitcoin whale active since BTC was $12 has stirred, transferring a sizable stash to Kraken, signaling possible profit-taking by long-term holders. Catch up on these stories below. Ad: 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now The global crypto market cap is $4.01 trillion, with a 24-hour volume of $148.18 billion. The price of Bitcoin is $115,165.90, and BTC market dominance is 57.2%. The price of Ethereum is $4,538.67, and ETH market dominance is 13.7%. The best-performing sector is Binance Alpha, which gained 6%. The Crypto Fear & Greed Index is currently Greed (57). 📰 Top News Ethena Labs drops out of Hyperliquid’s USDH stablecoin bid citing ecosystem concerns Ethena Labs congratulates Native Markets as withdrawal from USDH contest clears the path for competitors. REX-Osprey XRP and memecoin ETFs to debut with different structure next week The REX-Osprey ETFs employed a registered investment company (RIC) structure, which distinguishes them from both traditional spot crypto ETFs and the SSK approach. Dormant Bitcoin whale last active at $12 per BTC awakens sending funds to Kraken The sudden BTC whale activity suggests profit-taking as long-term holders cash in on Bitcoin's historical gains. Ad: TRON, Binance, and TRM Labs Highlight T3 FCU at CoinDesk: Policy & Regulation, TRON DAO Featured as 3 Block Sponsor TRON DAO's T3 Financial Crimes Unit freezes $250M in global illicit assets as part of a groundbreaking initiative to combat cryptocurrency-related malfeasance. 🗞️ More News BlackRock looking to tokenize ETF shares to expand its digital asset infrastructure Coinbase demands SEC accountability after lost Gary Gensler’s text messages episode South Korea’s Bitplanet eyes top Bitcoin 10 holder status with $50M SGA acquisition Ethereum hits record 12 million daily smart contract calls as traders eye the $5200 ceiling Aave reduces Scroll exposure amid turmoil in governance model Crypto funding falls 30% in August despite strong quarterly performance Figure debuts with 24% gain as blockchain lending platform achieves $6.6 billion valuation Are You Missing Signals That Don’t Make the News? Sign up for the free Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha. I'm Ready to Join What is CryptoSlate? CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments? Get in touch with us here. Connect with Us Telegram • X • Google News • LinkedIn • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe