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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 Loses in November 2024: $71M Drained as DeFi Hit Hard
November 2024 saw $71,021,500 lost across 26 hacking and rug pull incidents, according to ImmuneFi’s monthly report. This is the second-lowest monthly loss of the year, down 79% from November 2023, when the industry lost $343 million. Year-to-date (YTD) losses have reached $1.49 billion, a 15% decrease from the same period in 2023. This drop …
Elena R·29 Nov 20242 min
Binance Price Analysis: BNB Price Eyes A New ATH With 10% Rally?
Story Highlights The BNB price successfully retests its crucial support and jumps 8% in valuation. Technical indicators record increased bullish sentiment, hinting at a higher price target. The Binance price is 8.62% away from its ATH of $720.61. The Binance token has experienced a significant uptrend in the daily price chart. Moreover, with a surge …
Elena R·28 Nov 20242 min
Top 5 Reasons Why Crypto Market Is Up Today
The cryptocurrency market is buzzing with excitement after a strong recovery in the past 24 hours. The total market cap has climbed by 3.3% to reach approximately $3.5 trillion during early Asian trading on Thursday, November 28. Bitcoin (BTC), the leader of the pack, surged 4% to briefly hit $97.3k before settling around $95.6k. Altcoins, …
Elena R·28 Nov 20242 min
XRP News: Ripple Launches XRPL Foundation in France Amid SEC Case Win
Ripple Labs has significantly improved the XRPL (XRP) ecosystem over the years, despite the legal hurdles in the United States. The blockchain payment company holds the largest share of XRP, through the escrow account, whereby the firm receives 1 billion units at the beginning of each month. Ripple has worked to boost XRP liquidity while …
Elena R·27 Nov 20242 min
Ripple vs SEC Update: Will Trump’s New SEC Chair Drop the Lawsuit?
Chris Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC), recently suggested that the U.S. Securities and Exchange Commission (SEC) might drop its lawsuit against Ripple Labs. In an interview with FOX Business, Giancarlo—also known as “Crypto Dad”—raised the possibility that the SEC could reassess the case, especially after the court’s important ruling …
Elena R·27 Nov 20243 min
Green United $18M Crypto Fraud: Court Rejects Appeal, SEC Case to Continue
A federal judge in Utah has dismissed an appeal by Kristoffer Krohn, a promoter involved in an $18 million cryptocurrency fraud case linked to Green United LLC. On November 26, Judge Ann Marie McIff Allen ruled that there was no solid basis for Krohn’s challenge against her earlier decision, which allowed the U.S. Securities and …
Elena R·27 Nov 20242 min
NewsTornado Cash Sanction Ruled Invalid: Huge Win for Crypto Privacy!
The United States Court of Appeals for the Fifth Circuit ruled that the sanctions against crypto mixer Tornado Cash by the US Treasury Department were unlawful. This decision, issued on November 26, determined that the Office of Foreign Assets Control (OFAC) exceeded its congressionally defined authority in sanctioning Tornado Cash’s smart contracts. This ruling is …
Elena R·27 Nov 20242 min
Donald Trump Crypto Holdings Rally to $9.4M: Here’s a Look at His Portfolio
Donald Trump’s crypto portfolio is making headlines again, having tripled in value from $3.6 million in August to $9.4 million as of November 26. This impressive surge is linked to the recent rally in the crypto market and Trump’s strategic investments in a mix of trending tokens and blue-chip assets. Let’s take a closer look …
Elena R·26 Nov 20242 min
NewsWhy is Bitcoin Going Down and What’s Next?
Bitcoin is currently testing support levels below the critical $95K mark, down over four percent in the last 24 hours. This comes right after Michael Saylor revealed that MicroStrategy had bought an additional $5.4 billion worth of Bitcoin, bringing their total holdings to around 386,500 Bitcoins, valued at nearly $22 billion. Despite the market’s long-term …
Elena R·26 Nov 20242 min