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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.
Injective (INJ) Price Reaches 2-Year High As 95% Of Holders Turn Profitable: Will INJ Hold Its Bullish Course?
In recent days, AI-related cryptocurrencies have experienced a comeback in buying interest after the early 2023 pump due to ChatGPT. The Injective coin, in particular, has caught the eye of the market with its breakthrough past monthly resistance marks, currently trading at levels not seen in over two years. As a result, whale investors are …
Shayan Chowdhury·6 Nov 20232 min
Top Crypto Events To Watch Next Week: Ripple’s Discussion With SEC, Bitcoin’s $40K Goal Grab Attention
In the past week, the market has been impacted by significant events such as the Federal Open Market Committee (FOMC) meeting, the decision to maintain current interest rates, and the conviction of Sam Bankman-Fried (SBF) on fraud charges. During these developments, Bitcoin (BTC) managed to reach the $36,000 mark, raising chances for further increases. Consequently, …
Shayan Chowdhury·4 Nov 20232 min
80% Of Holders Remain Profitable Despite Bitcoin’s Drop Below $35K: Could This Be An Opportunity For Accumulation?
November is set to continue the upward trend from October, as Bitcoin kicks off the month with robust gains. BTC today surged, flirting with the $35K mark before confidently taking over it, reaching highs of just above $36K. Despite the growing stability of the market and rising open interest, there’s a concern for a significant …
Shayan Chowdhury·2 Nov 20232 min
Ripple’s XRP Joins BTC, ETH, And LTC In DIFC Following Dubai Regulatory Approval
Ripple’s XRP is set to capture increased market interest following its recent approval from Dubai regulators, placing it alongside prominent cryptocurrencies such as Bitcoin, Ethereum, and Litecoin within the Dubai International Financial Center (DIFC). This announcement marks a triumph for Ripple after winning its legal battle with the SEC, offering enhanced legal certainty for XRP …
Shayan Chowdhury·2 Nov 20232 min
Bitcoin’s $35K Surge Is Not Inflation As MVRV Indicates Room For Growth! Here’s BTC Price’s Next Move
Many believe that Bitcoin’s impressive 100% rise this year, largely driven by the October ETF excitement, could be nearing its end as the hype declines. Even though a wave of investors liquidated their holdings to book gains, on-chain data indicates there’s still potential for more growth. The MVRV ratio is still distant from its danger …
Shayan Chowdhury·30 Oct 20232 min
Voyager Digital Hit With $1.65 Billion Fine In Settlement With US Regulators; Former CEO Faces Lawsuit
In a recent filing, Voyager Digital, a once-thriving crypto firm, has agreed to a $1.65 billion settlement with US regulators, marking one of the largest fines ever imposed in the sector. Additionally, a legal cloud is gathering around the firm’s former CEO, Stephen Ehrlich, as regulators file a lawsuit against him, alleging a series of …
Shayan Chowdhury·12 Oct 20232 min
FOMC Meeting Flags ‘Restrictive’ Policy And High Rates Amidst Inflation Surge! Bitcoin Price Drops Toward $26,500
In a crucial moment, the Federal Open Market Committee (FOMC) has signaled a steadfast approach towards its ‘restrictive’ monetary policy amidst an ongoing inflation surge. The minutes from the recent meeting showed a commitment to maintaining higher interest rates for “some time” until inflation slows down. Following this news, Bitcoin price dropped toward the low …
Shayan Chowdhury·12 Oct 20232 min
$1.5 Trillion Asset Manager Franklin Templeton Unveils New Bitcoin ETF, Sending BTC Price Above $26K
Bitcoin continues to witness a spike in institutional adoption as Franklin Templeton has become the latest asset manager to file with the Securities and Exchange Commission (SEC) for a spot Bitcoin ETF. As the number of applications for spot Bitcoin ETFs keeps increasing, the Bitcoin community is eagerly waiting for an announcement from the SEC …
Shayan Chowdhury·12 Sept 20232 min
Ripple’s Acquisition Spree Continues As It Snaps Up Fortress Trust After $250M Metaco Deal
Ripple has announced its latest acquisition—Fortress Trust, a blockchain infrastructure firm. This acquisition comes following Ripple’s $250 million investment to acquire Swiss custody startup Metaco in May and also take a stake in Bitstamp, a prominent crypto exchange. Ripple Charges Ahead Amid Legal Battle Ripple has confirmed the purchase of Fortress Trust, a trust company …
Shayan Chowdhury·8 Sept 20232 min