Author
Chandan Gupta is a crypto analyst and news writer at CoinPedia. He specializes in market analysis using on-chain metrics and industry insights to forecast market trends. With over four years of trading experience, Chandan simplifies complex concepts in technical and on-chain analysis, making them easy to understand. At CoinPedia, he leverages his expertise to identify and present emerging opportunities in the cryptocurrency space
Here’s Why Dogwifhat (WIF) Price Ready For New High
Dogwifhat (WIF), the popular Solana-based meme coin has faced enough consolidation in the past few days. However, its current chart and price action appear highly intriguing, suggesting that it is poised for a new high. The potential reasons for WIF’s positive outlook include its current price action, bullish on-chain metrics, a price surge in Solana …
Chandan Gupta·20 Nov 20242 min
Binance US Ex-CEO Brian Brooks Tops List for SEC Chair
The overall cryptocurrency market has been experiencing notable upward momentum following the victory of pro-crypto Donald Trump and has gained support from the anticipated resignation of the current Securities and Exchange Commission (SEC) chairman, Gary Gensler. When Is Gary Gensler Resigning as SEC Chairman? Gary Gensler, the current Chairman of the SEC, is expected to …
Chandan Gupta·19 Nov 20242 min
MicroStrategy’s Bitcoin Strategy Yields 41.8% Return in 2024
MicroStrategy (MSTR), the largest corporate Bitcoin (BTC) holder known for its substantial BTC acquisitions, is making waves in the realm of cryptocurrency. On November 19, 2024, Michael Saylor, the chair and founder of MSTR made a post on X (previously Twitter) and stated that by acquiring BTC smartly the firm had delivered a yield of …
Chandan Gupta·19 Nov 20241 min
MicroStrategy to Raise $1.75 Billion to Expand Bitcoin Holdings
Following a significant $4.6 billion Bitcoin (BTC) purchase, MicroStrategy’s (MSTR) founder and chairman, Michael Saylor, announced that the firm plans to acquire more Bitcoin by offering convertible notes. According to a recent post on X (formerly Twitter), MSTR revealed plans to raise $1.75 billion through the issuance of convertible senior notes, primarily to acquire additional …
Chandan Gupta·19 Nov 20241 min
MicroStrategy Scoops Up $4.6 Billion of Bitcoin, Buy Opportunity?
MicroStrategy (MSTR), the world’s largest corporate Bitcoin (BTC) holder, once again gathered significant attention from crypto enthusiasts. On November 18, 2024, Michael Saylor, the founder and chairman of MSTR made a post on X (formerly Twitter) that the firm had acquired a significant 51,780 BTC, worth $4.6 billion. MicroStrategy’s $4.6 Billion Bitcoin Purchase This acquisition …
Chandan Gupta·18 Nov 20241 min
NewsBONK Overtakes WIF, Becomes Solana’s Leading Meme Coin
Bonk (BONK), the popular Solana-based meme coin, is making headlines in the cryptocurrency world with its impressive price performance following a notable announcement. On November 17, 2024, Bonk’s Decentralized Autonomous Organization (DAO) announced that it would burn nearly 1 trillion tokens on December 25, 2024. BONK Surpasses WIF in Market Cap Following this strategic announcement, …
Chandan Gupta·18 Nov 20241 min
Dogecoin (DOGE) Bull Run Over? Data Points to 50% Rally Ahead
After the U.S. Presidential election results, Dogecoin (DOGE) experienced a wild rally and gained massive attention from traders and investors. However, in the past few days, the meme coin appears weak. This weakness in the DOGE rally has led to questions about whether the DOGE bull run is over and whether the DOGE price will …
Chandan Gupta·17 Nov 20242 min
Solana (SOL) Set for All-Time High, Buy Opportunity?
Solana (SOL), the world’s fourth-largest cryptocurrency by market cap is poised to reach its all-time high following a bullish price action pattern on the daily time frame. While other cryptocurrencies are struggling to gain momentum, SOL has breached a crucial barrier and experienced an impressive price surge of over 6.6%. Solana Price Analysis Currently, SOL …
Chandan Gupta·17 Nov 20242 min
Dogecoin (DOGE) Could Face a 25% Price Decline, What’s Matter?
After a significant 105% upside momentum, the sentiment around Dogecoin (DOGE), the popular and largest meme coin has shifted. However, it appears to be preparing for another upside rally. Currently, the overall cryptocurrency market is struggling to gain momentum and has experienced a notable price decline, which seems like a price correction after recent gains. …
Chandan Gupta·16 Nov 20242 min