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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.
Crypto Hack Weekly Report: DeFi Double Trouble & A $70M Phishing Attack
29th April to 4th May 2024 This week has been particularly eventful in the crypto world, marked by significant hacks that have been felt throughout the community. From Pike Finance’s second breach in just a few days to a trader’s unfortunate loss due to a phishing scam, the landscape of crypto security has once again …
Elena R·4 May 20242 min
Shiba Inu Soars Despite Sell-Offs, Fueled by 1009% Burn Surge
Shiba Inu, the standout among meme coins and a major player in the global market, is making headlines once more with a game-changing update. Despite recent dips in value, the meme coin remains resilient, defying market norms by maintaining its upward climb above the critical resistance level of $0.00002315. Driving this surge is an astounding …
Elena R·4 May 20242 min
Price AnalysisTop DeFi Tokens To Maximize Your Profits During The Upcoming Bull Rally!
The cryptocurrency industry has displayed a strong bullish reversal in its valuation after recording a significant drop due to the cross-border market correction over the past week. Moreover, the market leader, Bitcoin price, has regained the $63K mark after falling to a low of around $66K. On the other hand, the Decentralized Financial (DeFi) tokens …
Elena R·4 May 20245 min
WBTC Investor Loses $71 Million in Deceptive Phishing Attack
In a startling development, a WBTC investor has fallen victim to a sophisticated phishing scam, resulting in the loss of over $71 million worth of WBTC. The blockchain security firm CertiK has reported that the investor transferred 1,155 WBTC to the hacker’s address. #CertiKInsight 🚨Our system has detected a transfer of 1,155 WBTC (~$69.3m) to …
Elena R·4 May 20242 min
Ripple CEO Garlinghouse Backs Ethereum in SEC’s Security Classification
With the Securities and Exchange Commission (SEC) on the verge of deciding the fate of certain Ethereum (ETH) transactions, Ripple CEO Brad Garlinghouse steps into the fray, voicing his support for Ethereum’s stance as a non-security. In a recent interview with Michael Arrington, Garlinghouse shares his perspective, injecting fresh energy into the ongoing debate. Here’s …
Elena R·4 May 20242 min
Fidelity Reveals $5 Trillion Crypto Potential for Pension Plans: What You Should Know
Rumor has it that Fidelity, the mammoth $4.8 trillion asset manager, has let slip a groundbreaking secret—they’re turning their attention to Bitcoin and other cryptocurrencies! This revelation marks a seismic shift as traditional financial giants warm up to the allure of digital assets. Leading the charge are players like BlackRock’s Digital Assets Head, hinting at …
Elena R·4 May 20242 min
Friend.Tech Airdrop Crashes After Whale Dumps Tokens
Friend.tech, the popular Web3 social platform, has found itself in hot water due to a surprising turn of events: the platform’s biggest airdrop recipient, known as “Murphys1d,” wasted no time in selling off all received tokens just hours after the airdrop began. The sudden and significant sell-off by this key player has sparked concerns about …
Elena R·3 May 20242 min
Memecoins On A Run! DOGE Price And SHIB Price To Jump 50% In May?
The memecoins category continues to display volatile price sentiments following the cross-border market correction during the week’s start. Category leaders, Dogecoin and Shiba Inu tokens hover close to their support/resistance levels, indicating uncertainty in future price action. Dogecoin (DOGE): The leader of the memecoins category, Dogecoin price, continues to hover close to its crucial support …
Elena R·3 May 20242 min
Bitcoin Price Eyes $70,000! Analyst Sees Bullish Future After Market Shakeup
Bitcoin bulls, you won’t want to miss this! In a recent blog post, former BitMEX CEO Arthur Hayes – known for his laser-focused market analysis – dropped a bombshell prediction for the leading cryptocurrency. Hayes suggests Bitcoin’s recent dip might be a short-lived blip, hinting at a potential turnaround on the horizon. But what exactly …
Elena R·3 May 20242 min