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.
Wall Street Goes Crypto! BNY Mellon Invests in Bitcoin ETFs
In a landmark move, BNY Mellon, the oldest bank in America, embraced cryptocurrencies in 2022, responding to the growing institutional demand for a unified platform to manage both traditional and digital assets. Fast forward to April 25, 2024, and another significant development unfolds. Investors in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, …
Elena R·27 Apr 20241 min
Crypto Crackdown: Senators Demand Action on Child Exploitation Payments
U.S. Senators Elizabeth Warren and Bill Cassidy have joined forces, pushing the U.S. Department of Justice (DOJ) and Department of Homeland Security (DHS) to combat the disturbing use of cryptocurrency in trading child sexual abuse materials (CSAM). In a letter dated April 25, 2024, Senators Warren and Cassidy highlighted the urgent need for action against …
Elena R·27 Apr 20242 min
China Might Reverse Crypto Ban Within 3 Months, Predict Experts
China, well-known for its tough stance on cryptocurrencies, seems to be rethinking its ban on Bitcoin soon. This news coincides with Hong Kong, a Chinese Special Administrative Region, taking big steps towards Bitcoin acceptance, including the approval of Bitcoin exchange-traded funds (ETFs). Read more about this below. How China’s Crypto Ban Began Back in September …
Elena R·26 Apr 20242 min
Solana Price Fails To Break Out Its Bearish Influence! What’s Next?
The SOL price has displayed a strong bearish trend since the month started, resulting in this altcoin recording a correction of approximately 30% in valuation. Moreover, the rising bearish trends have created a Fear, Uncertainty, and Doubt (FUD) like situation among its investors. The Solana price continues its struggle to break out of its key …
Elena R·26 Apr 20241 min
Will Ethereum (ETH) Price Plunge To $2.8K As Bearish Trend Intensifies?
Following the worldwide market correction at the start of the month, the ETH price has been displaying a neutral trend in its chart, suggesting a constant decline in the price action for this altcoin in the market. The Ethereum token has recorded a correction of 14.28% over the past 30 days but has recorded a …
Elena R·26 Apr 20242 min
85% of Altcoins Are in Historic Opportunity Zone: Santiment Report
Santiment’s latest report has ignited a spark of excitement, hinting at a potential game-changer for altcoins. Central to their analysis is the Market Value to Realized Value (MVRV) ratio, a metric that compares a coin’s current market cap with the aggregate investment cost of its holders. What’s fascinating is Santiment’s revelation that a significant 85% …
Elena R·26 Apr 20242 min
Top Altcoin Picks for 2024–2025 Crypto Bull Run
In a recent altcoin analysis, cryptocurrency analyst Matthew Perry, opened up about his top altcoin picks for the remainder of 2024 and heading into 2025. He dives into his chosen cryptocurrencies and the reasoning behind them. Perry starts by stressing the importance of having a strategic portfolio that includes coins with both growth potential and …
Elena R·26 Apr 20241 min
Yellen’s Treasury Moves: A $1 Trillion Boost for Crypto in Q2?
Secretary Janet Yellen faces crucial choices regarding the Treasury General Account (TGA) following a hefty $200 billion boost in tax receipts. With the 2Q24 refunding announcement looming, financial circles are abuzz, speculating on the potential impacts on liquidity, federal funding, and broader market dynamics. As expected tax receipts added roughly $200bn to TGA. Forget about …
Elena R·26 Apr 20242 min
Near Protocol Price Soars As AI Hype Rises! NEAR To Hit $10 Soon?
The cryptocurrency industry continues to display a mixed sentiment as the volatility within the crypto market is constantly rising. Moreover, market leaders, Bitcoin and Ethereum price continue to hover close to their respective support levels, indicating uncertainty in future price action for this crypto token. On the other hand, the NEAR price has added approximately …
Elena R·26 Apr 20242 min