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Arthur Hayes Long on ENA, Price Could Surge Beyond $1.50

By: theblockbeats.news|2025/09/09 02:22:40

BlockBeats News, September 9th, BitMEX co-founder Arthur Hayes tweeted, stating, "The 2-year U.S. Treasury bond yield suggests that after the weak non-farm payroll data release, Powell may cut rates by 50 basis points. The sUSD yield has reached 7%, preparing to welcome trillions of dollars of money market funds seeking higher returns, with some of the funds flowing into DeFi for yield chasing. ENA is set to break $1.50, with the USDE supply exceeding $20 billion."

Previously reported, at 8:00 on September 9th, Arthur Hayes bought 1.395 million ENA in the past 8 hours, worth $1.01 million, at an average price of $0.73.

The Attorney General for the District of Columbia has sued Bitcoin ATM operator Athena, accusing it of illegally profiting from financial fraud.

NPM Developer Account Attacker Currently Suspected to Have Profited Only Around $20