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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.

Michael Saylor’s Strategy Admits in SEC Filing It Could Sell Its Bitcoin: Here’s When and Why

A recent filing with the US SEC revealed that the self-acclaimed Bitcoin Treasury firm Strategy could break its HODL strategy and sell its BTC...

US DOJ Winds Down Unit Dedicated to Prosecuting Bitcoin and Crypto Firms

The US DOJ has disbanded an anti-crypto department formed under former president Joe Biden amid changing regulatory tides under Donald Trump. According to a Fortune...

Analyst Shares Realistic Dogecoin Targets, Highlighting Critical Support and Resistance Levels

A recent analytical exposition has spotlighted crucial support and resistance levels, sharing realistic targets depending on the Dogecoin price action. Like most other cryptocurrencies, Dogecoin...

Ripple Releases Video Featuring Cardano Logo as Intro: Is Something Brewing?

Discussions dominated the XRP and ADA community after Ripple released a video on tokenization, but starting with the Cardano logo. Cardano and Ripple have long...

Key Cardano Contributor Donates $460,000 in ADA to the Treasury Following New Feature Launch

A key developer in the Cardano network has received accolades for his transparency and recent $460,000 in ADA donation to the ecosystem’s treasury. The donation...

Unmarked Wallet Moves 200M XRP and 300M DOGE to Binance, but There’s a Catch

Two notable transactions, in which an unmarked address moved staggering amounts of XRP and Dogecoin to Binance, have caught the market’s attention. The Monday transaction...

JPMorgan Says the Federal Reserve Might Cut Rates Sizably Before the Next FOMC Meeting: Here’s Possible Impact on Bitcoin’s Price

The possibility of a sooner-than-expected interest rate cut in the United States has escalated, with assets like Bitcoin as potential beneficiaries. The global market has...

Here’s How Much Bitcoin Needs to Drop from Here to Put Strategy’s Bitcoin Portfolio in the Red

Strategy’s Bitcoin portfolio risks turning red for the first time in two years as recent market declines push the asset closer to the firm’s...

Have Korean Traders Turned Bearish on XRP? Massive Sell Activity Seen on XRP/KRW Pair on Upbit, but There’s a Catch

Analysis shows massive selling pressure on the XRP/KRW trading pair on Korean exchange Upbit in the last three days, but demand walls are beginning...

US SEC Concludes that Most Stablecoins Are Not Securities

The US SEC has confirmed that most stablecoins are not securities as bills seeking clear regulation for the asset class gain momentum. The US Securities...