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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.
Bitcoin Price Jumps Above $62K As US Jobs Data Boosts Rate Cut Expectation! Here’s What To Expect Next
Bitcoin’s price surged toward $62,000 shortly after the U.S. government released its Nonfarm Payrolls report. The report, issued earlier today, indicated an unemployment rate for April of 3.9%, slightly above the anticipated 3.8%. This higher unemployment rate suggests that the Federal Reserve might lower interest rates, which typically boosts the appeal of riskier assets such …
Shayan Chowdhury·3 May 20242 min
Solana Gains Over 10% Amid Declining On-Chain Activity! Here’s What To Expect Next
The Solana network is struggling to maintain its on-chain activity amid declining trading interest. Recently, the crypto market witnessed a crash that led to a price correction for SOL, driving its value towards support levels. Although SOL’s price later rebounded, the continuous low on-chain data is causing concerns among investors about the sustainability of this …
Shayan Chowdhury·3 May 20242 min
Hong Kong Prepares For Record-Breaking Debut Of Crypto ETFs As Issuers Expect $200-$300 Million Inflow
Hong Kong prepares for the debut of its highly anticipated cryptocurrency exchange-traded funds (ETFs) tomorrow. With an inflow scale projected to reach between $200-300 million, these ETFs are expected to significantly surpass the first-day trading volumes seen in the United States. Will Hong Kong Break US ETF Records? According to Zhu Haokang, head of digital …
Shayan Chowdhury·29 Apr 20242 min
Top Altcoins To Stack Next Week For 2x To 5x Profits
The price of Bitcoin has had difficulty maintaining crucial support at $64,800 just days after its fourth halving on April 20. In the meantime, altcoins, including memecoins and layer-1 cryptocurrencies, have performed better than Bitcoin over the past week. This has led market participants to speculate whether it’s the beginning of the altcoin season, or …
Shayan Chowdhury·28 Apr 20243 min
Ripple Vs SEC Lawsuit Update: Here’s What To Expect Next Week
Last week, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) progressed to trial, with many expecting a soon resolution. Attorney James K. Filan announced a new schedule from Magistrate Judge Sarah Netburn, targeting the motion for remedies and final judgment. The SEC must respond by April 29, and Ripple has …
Shayan Chowdhury·28 Apr 20242 min
Shiba Inu And Dogecoin Prices Face a Rising Bearish Threat: Can Bulls Defend Support Levels?
Dogecoin and Shiba Inu have experienced mixed performance over the past few days, yet analysts are bullish about the upcoming trend of these memecoins, citing fundamental developments. As Bitcoin price continues to face bearish pressure around the $64K mark, Dogecoin and SHIB prices struggle in initiating a rebound above support level. Fundamental Factors Might Boost …
Shayan Chowdhury·27 Apr 20242 min
NewsBlackRock’s Bitcoin ETF (IBIT) Continues To Hit Zero Inflow! Here’s What It Means For BTC Price
After a 71-day streak of continuous inflows, BlackRock’s Bitcoin ETF, IBIT, has experienced a sudden stop with no new inflows. This sudden halt has raised concerns among investors, especially as Bitcoin consolidates around the $64,000 level. Many analysts view this as a bearish indicator for Bitcoin’s price, suggesting that the cessation of inflows from a …
Shayan Chowdhury·26 Apr 20243 min
NewsConsensys Sues SEC To Protect Ethereum, Claims ETH Not A Security
ConsenSys has taken on the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in Texas federal court. The case focuses on the classification of Ethereum’s Ether as a security. ConsenSys argues this designation could harm the entire Ethereum network, posing significant risks to its functionality and innovation. This lawsuit not only challenges regulatory …
Shayan Chowdhury·26 Apr 20243 min
Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price?
Ether price witnessed a severe drop a few days ago, currently failing to maintain a trading position around $3,300. Whenever ETH approached the $3,000 mark, buyers stepped in, defending the support. However, those short-term buyers then exit the market at a peak price. As a result, there’s a steep decline in whale interest, resulting in …
Shayan Chowdhury·25 Apr 20242 min