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Elendu Benedict

Elendu Benedict is a refined cryptocurrency writer with over two years of experience in the field. With a thorough understanding of blockchain technology, cryptocurrencies, and market trends, as well as proficiency with ETFs, DeFi, and Web3, he specializes in writing engaging and educational articles on a variety of crypto-related subjects.

US IRS Insists to Tax Unrealized Profit from Crypto Staking

The US Internal Revenue Service (IRS) maintains that profits from crypto staking are taxable even before the participant cashes in on them. The governmental parastatal...

MicroStrategy Shareholders to Discuss New Strategy to Sell Shares and Buy More Bitcoin

Software firm MicroStrategy announces a special shareholder meeting to discuss acquiring more Bitcoin through increased company share sales. MicroStrategy has gone ballistic with its Bitcoin...

Analyst Says XRP is Going to $35 if Bullish Pattern Endures

Crypto chartist CryptoInsightUK speculates that XRP could see a substantial upsurge, reaching an ambitious $35 next year, if the current bullish pattern endures. Despite its...

Ripple Stablecoin RLUSD Launches on First Singapore-Based Crypto Exchange

RLUSD, the Ripple stablecoin, secures a listing on its first Singapore-based crypto exchange, Independent Reserve, as the platform grants its users access to the...

MicroStrategy Bags 5,262 Bitcoin Worth $561M, Takes Holdings to 444,262 BTC

Business intelligence firm MicroStrategy has further augmented its Bitcoin bag with a much-expected 5,262 BTC purchase on Monday. MicroStrategy’s chairman, Michael Saylor, confirmed the latest...

Donald Trump Congratulates Bitcoiners On Latest Surge to a New All-Time High of $108,000

Pro-crypto US President-elect Donald Trump congratulates Bitcoin enthusiasts on the asset’s latest milestone, after a break to an all-time high of $108,000. Trump again showed...

VanEck Predicts that a Bitcoin Reserve Would Pay 36% of US Debt by 2050: Report

Asset manager VanEck suggests that the United States will cut its national debt by a staggering 36% if the country adopts Bitcoin as a...

Top Trader Predicts 235% Shiba Inu Rise to $0.00005816 After Recent Fall

With the crypto market rebounding from a steep fall yesterday, a top market analyst predicts that Shiba Inu will target a massive 235% surge...

Dogecoin to $10: Analyst Gives Timeline for Price Target

Notable market analyst Dima James Potts believes Dogecoin will surge to a double-digit figure this bull cycle, providing the timeline for its realization. Dogecoin has...

Japanese MicroStrategy, Metaplanet Raises $32M to Buy More Bitcoin

Metaplanet, a popular Japanese firm committed to accruing Bitcoin, has concluded its latest move to raise capital for more acquisitions. In a release on December...