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.
Bitcoin Correction Brewing? Analyst Predicts $26.8K Price Target
Over the past 24 hours, Bitcoin took a significant hit, slipping under a crucial support level at $27,285. This tumble led to notable sell-offs, leaving many questioning the future of the cryptocurrency market. Despite Bitcoin’s market dominance, it’s currently in uncertain waters. To add to the unease, there’s the troubling “death cross” on the hourly …
Elena R·11 Oct 20232 min
Lido Dao Price Analysis: Is Lido Dao Price On The Verge Of A Major Breakthrough?
The market continues to trade in the red as major cryptocurrencies fail to hold their price. The LDO price traded in a consolidated range of $1.456 and $1.498 for about a week. Following which the price displayed a massive price jumped from $1.456 to $1.732, a 19% rise within just two days. With this jump, …
Elena R·11 Oct 20232 min
Render Price Analysis: RNDR Price Signals A Bullish Move! Right Time To Buy Render Token?
The crypto market experiences a pullback in its price as major cryptocurrencies display a bearish sentiment in their charts. Bitcoin price and top altcoins continue to lose momentum, but on the other hand, the Render price has turned out to display a bullpower in its chart. The RNDR price has gained more than 20% in …
Elena R·11 Oct 20232 min
Cyprus Amends Money Laundering Law to Regulate Crypto Services
Amidst crypto regulation developments in the EU, Cyprus is amending its “Prevention and Suppression of Money Laundering Law” to enforce fines on illegal crypto service providers, aiming to regulate the cryptocurrency industry better. Amending and Enforcing Law By enforcing severe fines on crypto service providers (CSPs) who operate illegally, Cyprus is attempting to regulate the …
Elena R·10 Oct 20232 min
XRP Gets a Boost as Mexico’s Central Bank Explores Ripple Partnership
Mexico’s central bank, Banco de México, has caught the attention of the crypto community with its potential collaboration with Ripple, a leading blockchain and cryptocurrency technology firm. This development has ignited excitement among XRP enthusiasts and the market at large. So, what exactly has got everyone talking? Let’s dive in. Ripple’s Growing Partnerships Ripple has …
Elena R·10 Oct 20232 min
Ethereum Rival Gaining Traction with Institutional Investors: Coinshares Report
In recent developments, CoinShares, a leading digital asset investment firm, has reported a surge of interest in a prominent Ethereum competitor among institutional investors. Digital asset investment products are making waves in the financial world, with two consecutive weeks of remarkable inflows totaling a staggering $78 million. Additionally, trading volumes for Exchange-Traded Products (ETPs) have …
Elena R·10 Oct 20232 min
Ukraine Unveils Roadmap to Regulate AI and Cryptocurrency Industries in Alignment with EU AI Act
Ukraine is following in the footsteps of the European Union’s EU AI Act, 2023. It has launched a similar ‘roadmap’ for creating a concrete set of rules for regulating all AI-based or AI-related industries, including cryptocurrency. What is the EU AI Act? In June this year, the European Union published the EU Artificial Intelligence Act …
Elena R·10 Oct 20232 min
LINK Price Analysis: Chainlink Price On The Verge Of Massive Rally?
The crypto industry experiences a consolidated weekend as the market moves sideways. The top coin continues struggling to gain bullish momentum as the bulls and bears continue their fight to gain power. Chainlink price experiences the same price action as the coin has been trading in a consolidated range since the start of the month. …
Elena R·9 Oct 20232 min
Why BNT Price Surged More Than 50% Despite Weekend Crypto Lull – Here’s Are Top Reasons
The crypto industry has experienced a slow weekend as the market moved sideways. Bitcoin and other altcoins continue to gain stability, but on the other hand, BNT price has experienced a massive surge in its value, making it the top gainer of the weekend in the crypto space. The launch of the ARB Fast-lane protocol, …
Elena R·9 Oct 20232 min