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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.
Brace for Impact: Schiff Warns of 2024 Recession Risk, Crisis Worse than 2008!
As we edge closer to 2024, a potential shift in the economic landscape is becoming evident: what many anticipated as a steady economic trajectory could encounter unexpected turbulence. The earlier notion of a modest economic slowdown, as hinted over the past year, may face challenges, as experts now suggest. Get ready for a rollercoaster ahead! …
Elena R·29 Dec 20232 min
India to Block Top 9 Exchanges URLs Including Binance and Kucoin
In a major regulatory move, the Indian government has issued stern warnings to nine top crypto exchanges, including well-known names like Binance, Kucoin, Huobi, and Kraken. These exchanges face potential access restrictions in India for failing to comply with the country’s Anti Money Laundering (AML) and Counter Financing of Terrorism (CFT) rules. A Sweeping Compliance …
Elena R·29 Dec 20232 min
Ripple Shakes Escrow: What’s Behind the $198M XRP Transfer?
Ripple Labs made a significant move in December by transferring 310 million XRP, which amounts to $198 million, from its Ripple escrow wallet. As a result, the wallet now holds about 26.34 million XRP, valued at roughly $16.7 million. Currently, the escrow contains less than 40 billion XRP tokens. There’s a plan in place for …
Elena R·28 Dec 20232 min
Binance News Falls Short as XRP Price Wobbles at Key Resistance; What Next?
Ripple’s native coin, XRP, recently tried, for the second time in two weeks, to cross the $0.644 resistance mark but ended up just above at $0.645. While this has been a focal point, Binance, a leading cryptocurrency exchange, made significant announcements that added more layers to the story. XRP is currently priced at $0.645. This …
Elena R·28 Dec 20231 min
MicroStrategy Doubles Down on Bitcoin: $615M Buy Signals Bullish Conviction
MicroStrategy, recognized as the largest corporate holder of Bitcoin, has made a substantial addition to its crypto portfolio. Between November 30 and December 26, the company acquired 14,620 BTC at an average price of $42,620, marking a significant investment of $615 million. Michael Saylor’s Big Announcement In a recent post on X, Michael Saylor, the …
Elena R·28 Dec 20232 min
Is BONK the New Meme King of Crypto? Trading Volume Surges, DOGE & SHIB Left Behind
The cryptocurrency world can be brutal sometimes, which is why BONK’s swift climb stands out so much. Starting from a lesser-known status, BONK has now reached the 44th position among global cryptocurrencies. An interesting feat? BONK’s trading volumes on Coinbase have even surpassed renowned tokens like Dogecoin and Shiba Inu, accumulating a notable $33 million. …
Elena R·28 Dec 20232 min
Cathie Wood’s ARK Invest Ditches GBTC for ProShares BITO
Under the leadership of Cathie Wood, ARK Invest has made a significant change in its crypto investment strategy. Instead of Grayscale Bitcoin Trust (GBTC), ARK has invested a large amount in the ProShares Bitcoin Strategy ETF (BITO). Let’s break down this decision. A (Strategic) Shift in Investment Focus Until recently, GBTC was a major part …
Elena R·28 Dec 20232 min
Here’s How a Solana Trader Turned $2,220 into $5.7 Million in 6 Days
The wild world of meme coins on the Solana blockchain has once again captured headlines. Imagine turning a modest investment of $2,220 into a jaw-dropping $5.7 million in just six days! That’s precisely what a savvy trader managed, as reported by Lookonchain. This is a story you don’t want to miss out on. Read on! …
Elena R·28 Dec 20232 min
Analysts Bullish as Ethereum Explodes: Can it Hit $3,000 in 2024?
As we approach the end of 2023, Ethereum (ETH) is making headlines in the cryptocurrency world. Over the past 24 hours alone, Ethereum’s value has jumped by 9.9%, reaching $2,446. With a market cap of $291 billion, Ethereum’s momentum is hard to ignore. Exciting developments are afoot! Read more about all these updates below. Ethereum …
Elena R·28 Dec 20232 min