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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.

Sam Bankman-Fried’s Parents Seek Presidential Pardon Over Son’s 25-Year Sentence

Speculation suggesting that disgraced FTX founder Sam Bankman-Fried could be a free man has emerged as his parents explore a White House executive pardon. According...

XRP Records Fastest Addresses Rise in History as Under 100 XRP Addresses Shot Up 11.6% in 2 Months

Price upticks have not been the only bullish event in the XRP ecosystem in the past two months; the number of retail addresses has...

Lucky Solo Bitcoin Miner Receives $326,301 Block Reward in Rare Event

In a rare event, a fortunate solo miner hits the jackpot on Thursday after single-handedly processing a block on the Bitcoin network. Bitcoin mining has...

Dogecoin to $42: Analyst Sets Target for Bounce from Crucial Support Zone

A notable market analyst has looked past the short-term Dogecoin price correction, sharing an ambitious target following a bounce from a crucial support zone. While...

Elon Musk’s Tesla Posts Quarterly $600M Gain on Bitcoin Holding Amid New Accounting Rule

Electric car giant Tesla reported a profit of $600 million on its Bitcoin stash for the fourth quarter of 2024 following the new FASB...

Bitcoin Surpasses $105,000 as Jerome Powell and the Fed Decide to Pause Interest Rate Cuts

Despite a hawkish outcome from Wednesday’s FOMC meeting, Bitcoin and crypto have remained largely stable, with BTC surging past a crucial level. As expected, Federal...

Ripple Stable Coin 107% Backed by US Treasury Bills, Cash Deposit, December Report Shows

Reserve reports for the Ripple USD (RLUSD) for December show secured financial instruments like US debt and cash deposits fully back the stablecoin. RLUSD maintains...

Binance Under Probe in France Over Money Laundering

French authorities have opened an investigation into Binance, the largest crypto exchange by trading volume, over possible involvement in fraud. In a Tuesday release, the...

Here’s the Level XRP Needs to Reclam to Continue Upside: Analyst

After yesterday’s bull trap, a notable market analyst has shared the price mark XRP needs to reclaim to decimate bearish momentum and continue its...

Nasdaq-Listed Electric Vehicle Company Nuvve Adopts Bitcoin as Reserve Asset

Nuvve, a non-crypto, publicly traded company, has adopted Bitcoin as a strategic reserve asset, pledging 30% of its excess cash to stack the asset. The...