Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
BREAKING: US CPI Rate Drops 3.3%, Bitcoin and Altcoins Surge
The U.S. has reported a notable decrease in its unadjusted Consumer Price Index (CPI) annual rate for May, signaling a significant shift in economic trends. The CPI annual rate dropped to 3.3%, slightly below the expected 3.4% and the previous 3.4%. Similarly, the unadjusted core CPI annual rate fell to 3.4%, below the anticipated 3.5% …
Elena R·12 Jun 20242 min
Toncoin Price Analysis: TON Price To Record Massive Correction Soon?
The crypto market continues to display a weak price action since the week’s start with top crypto tokens failing to hold their respective values above their important support levels. This indicates a cool-off period in the crypto space, further indicating a potential accumulation period for the upcoming bull run. However, after recording a correction of …
Elena R·12 Jun 20242 min
Solana Price Breaks Its Crucial Support! SOL Price To Retest $125?
Despite increased price volatility in the cryptocurrency market, the SOL coin price continues to trade under a bearish influence. Moreover, the altcoin repeatedly fails to break out of the resistance zone, indicating a weak price action for the altcoin. Since the cross-market correction during mid-April, the Solana price has been constantly trading in a consolidated …
Elena R·12 Jun 20242 min
Elon Musk Drops Lawsuit Against OpenAI, Shifts Focus to xAI
Elon Musk has withdrawn his lawsuit against OpenAI and its co-founders, Sam Altman and Greg Brockman. Filed in February, the lawsuit accused them of breaching contract and fiduciary duty, claiming OpenAI had strayed from its mission of developing Artificial General Intelligence (AGI) to benefit humanity. Why and what changed? Read on. Sudden U-Turn? Musk decided …
Elena R·12 Jun 20242 min
RegulationCrypto regulation in South Africa 2024 – A Proactive Government on Blockchain
South Africa is the second largest economy in Africa, known for its big farming and tourism industries. But it also has a lot of poverty and ranks high for income inequality. South Africa is seen as one of Africa’s most advanced countries in terms of its economy. However, it didn’t have clear rules about cryptocurrencies …
Elena R·11 Jun 20248 min
Pepe Price Prediction: PEPE Price Hints A 20% Plunge This Month?
With the price of Bitcoin dropping below its important support level of $68,000, the memecoin category has experienced a bloodbath with top memecoins losing significant value in their respective portfolios. Furthermore, the Pepe token continues to display a strong bearish price action by recording a correction of approximately 2% within the past day and 13.96% …
Elena R·11 Jun 20242 min
Top 3 Reasons Why Bitcoin Price is Down Today: Should You Sell?
The cryptocurrency market took a bit of a tumble recently, with its total value dropping over 3 percent to around $2.59 trillion. Bitcoin, the big player, fell below the $68,000 mark, settling around $67,600 on Tuesday. But that’s not all. In the past day alone, the crypto derivatives market saw losses of a staggering $164 …
Elena R·11 Jun 20242 min
Uniswap (UNI) Price To Plunge 15% As Bearish Sentiment Intensifies?
The Uniswap price continues to display increased price volatility as the altcoins repeatedly fail to surpass its important resistance level of $11.640, indicating a strong liquidation point for the altcoin at that level. With the increasing price volatility in the crypto space in anticipation of an altcoin rally, will the UNI coin price regain momentum …
Elena R·11 Jun 20242 min
Binance Price Plummets 15% Since ATH! BNB Coin To Retest Its $550 Mark Soon?
The crypto market has displayed a significant correction of 2.76% in its global valuation within the past day. Moreover, the market leader, BTC Price, has failed to hold its value above the support level, resulting in it recording a 24-hour low of $67,529.42. Moreover, Binance (BNB) coin price has recorded a strong bearish reversal in …
Elena R·11 Jun 20242 min