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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.

Market Expert Says XRP Fears Are All Noise, Provides Price Update Amid Downtrend

A market strategist insists that the skepticism from the recent XRP downtrend is all noise, as the asset is currently retesting a notable price...

Self-Proclaimed Bitcoin Founder Craig Wright Sentenced to 12 Months in Prison

Craig Wright, the self-acclaimed Bitcoin creator, has been sentenced to 12 months in prison after defying a UK court order. Controversy is not always far...

Bitcoin User Pays an Outrageous Fee of 8.18 BTC for a Single 0.14 BTC Transaction

A Bitcoin user has mistakenly paid an outrageous 8.18 Bitcoin ($808,564) for a single transaction, paying over 98% of the intended transfer amount on...

Ripple Stable Coin RLUSD Touched $1,200 Per Coin, Ripple CTO Explains Why

The Ripple-USD (RLUSD) stablecoin reached a value of $1,200 per coin before launch, with CTO David Schwartz explaining the reason behind the pricing. Ripple’s RLUSD...

Hong Kong Issues License to Four New Exchanges Amid Crypto Hub Push

The Hong Kong securities regulatory body issues official licenses to four new crypto exchanges, giving them the nod to legally operate in the region. In...

Is the US Next? Bitwise Debuts Solana Staking ETP in Europe

Leading asset manager Bitwise has launched a Solana staking exchange-traded product in Europe, raising optimism that such a product might enter the US soon. Bitwise,...

Bitwise CIO Matt Hougan Says Bitcoin Will Hit $500,000 if US Reserve Bill Passes

Bitwise CIO Matt Hougan speculates that Bitcoin will surge as high as $500,000 if the US government establishes a strategic reserve for the asset. The...

Cardano Whales Taking Profit At $1.15 to $1.33 While Buying the Dip: Here is How Much ADA They Bought Recently

Cardano whales are back in the game, leveraging the latest dip to acquire the ninth-largest cryptocurrency by market cap at an appealing price. After sustainably...

Ethereum Supply Distribution Suggests Long-Term Bullish Signal: Santiment

Market intelligence platform Santiment suggests Ethereum’s institution-dominated supply distribution spells long-term bullish sentiments for the asset. Supply distribution is a crucial tokenomics element for cryptocurrencies....

Bitcoin Holds $107,000 After Mt Gox Shuffles 1,620 BTC to New Addresses

Bitcoin maintains bullish momentum despite uncertainties surrounding defunct exchange Mt. Gox’s recent 1,620 BTC ($172.5 million) shuffle today. Large crypto movements from defunct exchanges and...