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    Launchcoin soars 500% amid Believe ecosystem growth and new developments

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    Daily Bits
    May 14, 2025
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    Daily top performer — Ethena (ENA)

    The S&P 500 rose 0.72% on Tuesday, turning positive for the year, driven by tech gains and boosted investor sentiment from easing U.S.-China trade tensions and softer inflation data. Gold edged up to $3,250 on softer U.S. inflation, but gains were limited by strong Treasury yields and risk appetite. The Coindesk Indices, which tracks the broader crypto market, rose 5.43%, with Bitcoin and Ether up 2.97% and 8.17%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

    Today's top performer is ENA, which rose 19.0% after Ethena enhanced its Aave integration by raising USDe caps and boosting yields.

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