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.
Race for a Bitcoin Spot ETF: Will Grayscale Finally Get Its Way?
Bitcoin’s recent price movements have been a real rollercoaster, leaving many investors uncertain about its direction. First, exciting news about the alleged approval of a BlackRock Spot ETF by the SEC sent Bitcoin soaring to $30,000. But this newfound optimism was short-lived as it turned out to be a false alarm, causing Bitcoin to drop …
Elena R·19 Oct 20232 min
XRP Price Analysis: XRP Price To Plunge As Stormy Clouds Gather?
Despite the market taking steps toward stability and trading in the green, the XRP price has displayed a neutral move as the coin has not booked any gains or losses for over a week now, indicating a weak buying-selling power for this crypto. The XRP coin has displayed massive price turbulence since the start of …
Elena R·18 Oct 20232 min
Bitcoin Price Could Surge to $73,000 on Spot ETF Approval: CryptoQuant
CryptoQuant, a prominent on-chain data platform, has recently unveiled fascinating insights into the potential market implications of a Bitcoin spot ETF approval by the SEC. This highly anticipated development comes on the heels of recent legal victories by Ripple and Grayscale. The Next Wave of #Bitcoin Institutional Adoption:The Launch of Spot ETFs– SPOT ETFS AS …
Elena R·18 Oct 20233 min
Bitcoin SV Price Analysis: Why Is BSV Price Pumping? Is This The Right Time To Invest?
The crypto industry regained momentum as the market displayed a rise in its charts for the third consecutive day. Further, the Bitcoin price has managed to break out of its crucial resistance level of $28,000 for the first time after two weeks, indicating a possibility of a significant price movement in the coming days. The …
Elena R·17 Oct 20232 min
AVAX Price Analysis: Will The Avalanche Price Regain Momentum Or Continue To Bleed?
The crypto market has been trading negatively as the market continues to trade under the influence of the bears. Top cryptocurrencies have displayed a sideways pattern for the first time in over a week, indicating a possibility for the crypto industry to rebound soon. The month of October had started on a bullish note as …
Elena R·14 Oct 20232 min
ProShares to Launch Short Ether Strategy ETF in November
Last week, launching a trio of Ethers futures exchange-traded funds, ProShares has officially launched another product. The ProShare Short Ether Strategy ETF is set to begin its journey from November 2023 onwards. Registration of SETH As per the SEC’s recent filing archives made on Friday, October 13th, it is clear from the beginning that ProShares …
Elena R·14 Oct 20232 min
Binance Coin Price Losing Momentum! Will The BNB Price Plunge Below $200 Soon?
The crypto verse experiences another negative trading day as the market loses momentum. Bitcoin price continues to trade below $27K, with Ethereum price below $1600, indicating the top coins to trade under a bearish influence. CZ’s BNB price experiences the same faith as the coin is currently hovering close to its crucial support level. The …
Elena R·12 Oct 20232 min
CPI Data To Be Released Today: Could Bitcoin Price Hit $28,000?
The crypto market continues to struggle to gain momentum as the star crypto constantly fails to ignite a much-awaited bull run in the crypto-verse. Bitcoin price is presently on the verge of major breakthrough as it hovers around its important support zone. Moreover, the US CPI inflaction data is expected to be released today. As …
Elena R·12 Oct 20232 min
Bitcoin Mining Costs Soar, Halving Could Spell More Trouble
James V. Straten, a renowned analyst, has raised an alarm regarding the increasing costs linked to mining Bitcoin. As an impending halving event approaches in April, he cautions that miners may face significant difficulties if the Bitcoin price remains around $40,000 next year. In a recent tweet, he shared his insights into the mounting expenses …
Elena R·11 Oct 20231 min