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Shayan is a digital nomad and a professional journalist. He delivers high-quality engaging articles to Coinpedia through his in-depth research and analysis.
Dogecoin And Shiba Inu Face Rising Bearish Threat: Will DOGE And SHIB Price Lose Momentum?
Following the recent market crash that drove Bitcoin’s price toward a $53K low, meme coins experienced a relatively minor impact. Nonetheless, over the last seven days, the meme coin market capitalization has seen a substantial decrease. This has led to a declining interest from whales in leading meme coins such as Shiba Inu and Dogecoin, …
Shayan Chowdhury·10 Jul 20243 min
Solana Surges Toward $140 Despite Bearish Network Activity: Will Sellers Defend SOL Price?
The cryptocurrency market has rebounded from concerns about a possible $9.4 billion BTC sale by Mt Gox, leading to a bullish momentum for various altcoins in the past day. The price of SOL has sparked buying interest, surpassing $140. Despite this rise, the gains may be temporary, as on-chain metrics and network activity for SOL …
Shayan Chowdhury·27 Jun 20242 min
Dogecoin Attracts Nearly $21 Million in Accumulation Amid Market Decline: Can Bulls Spark a DOGE Price Rally?
Despite Bitcoin’s recent decline towards the $58K level, the meme coin sector has maintained its momentum. Many top meme coins preserved their volatility during the sharp market drop, as they are generally less affected by market declines. Notably, Dogecoin’s price has rebounded from its recent low due to increased accumulation. Currently, DOGE is targeting a …
Shayan Chowdhury·25 Jun 20242 min
US Congressman Matt Gaetz Proposes Bill to Accept Bitcoin for Federal Tax Payments
Congressman Matt Gaetz, a Republican from Florida, has proposed a bill that would enable federal income tax payments in Bitcoin. Initially reported by the Daily Wire, this legislation seeks to modify the Internal Revenue Code of 1986 by directing the Secretary of the Treasury to develop a strategy for adding Bitcoin into tax payment options. …
Shayan Chowdhury·25 Jun 20242 min
Shiba Inu Faces Increased Selling Pressure as Network Activity Declines: What’s Next for SHIB’s Price?
Several months back, Shiba Inu was listed within the top 10 cryptocurrencies by market cap. Currently, it has dropped two spots. Amid a considerable downturn in the crypto market, with Bitcoin’s price dropping towards $63,000 in recent days, meme coins have been particularly affected. As a result, the price of SHIB is experiencing increased selling …
Shayan Chowdhury·22 Jun 20242 min
Top ETF Analyst Expects Wave of Amended ETH ETF Filings Today, Eyes SEC Approval by July 2nd
Bloomberg ETF analyst Eric Balchunas has indicated that a significant number of amended S-1 filings for Ethereum-based Exchange Traded Funds (ETFs) are expected to be submitted today. As a result, the Securities and Exchange Commission (SEC) is set to review these amendments, with the potential final approval setting the launch of ETH ETFs by July …
Shayan Chowdhury·21 Jun 20242 min
CFTC Launches Investigation Into Jump Trading As Crypto Scrutiny Rises
The Commodity Futures Trading Commission (CFTC) launched an investigation into Jump Trading, a prominent Chicago-based firm known for its significant role in the cryptocurrency sector. This probe, while not indicating any wrongdoing, focuses on Jump’s activities in crypto trading and investment. Jump Trading Faces Regulatory Hurdles The Commodity Futures Trading Commission is examining Jump’s role …
Shayan Chowdhury·20 Jun 20242 min
Why is Bitcoin Price Up Today?
Bitcoin’s market saw a quick recovery today following a period of bearish trading near $65,000. The market cap surged to $1.3 trillion, marking a notable 24-hour gain of almost 1.5%. As BTC prices jumped from a low of $65,000 to surpass $66,400, the sudden increase left many investors wondering about the reasons behind this turnaround …
Shayan Chowdhury·20 Jun 20243 min
Ethereum Price Gains Momentum Above $3,500 Amid Surging Whale Interest: What’s Next for ETH?
Ethereum has successfully overcome its regulatory challenges as the SEC concluded its investigation into ETH. This news has boosted buying confidence in ETH, even with bearish pressure on the Bitcoin price chart. Additionally, there is a notable increase in on-chain metrics, indicating potential for further upward movement in the coming hours. SEC’s Closure of Investigation …
Shayan Chowdhury·19 Jun 20242 min