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Coinpedia
Shayan Chowdhury
Shayan Chowdhury

Author

Shayan is a digital nomad and a professional journalist. He delivers high-quality engaging articles to Coinpedia through his in-depth research and analysis.

News

USDT Issuer Tether’s Wall Street Banker Becomes Trump’s Pick for Commerce Chief: Reports

The competition for the role of Treasury Secretary in Donald Trump’s administration is intensifying. Though Howard Lutnick, CEO of Cantor Fitzgerald, emerged as top contenders, Trump picked him for commerce chief. Trump Picks Tether’s Wall Street Banker Donald Trump, the incoming U.S. President, prefers Howard Lutnick, the CEO of Cantor Fitzgerald and a big supporter …

Shayan Chowdhury·20 Nov 20242 min

News

Canary Capital Files for First Hedera (HBAR) Spot ETF with SEC: Will It Be Approved?

It seems that the hype surrounding ETFs is back again following Donald Trump’s comeback as another spot ETF filing was submitted after XRP. Canary Capital has submitted an S-1 registration with the U.S. Securities and Exchange Commission to launch the first-ever Hedera (HBAR) spot exchange-traded fund (ETF). This ETF aims to provide investors with direct …

Shayan Chowdhury·13 Nov 20242 min

News

Federal Reserve Slashes Interest Rates by 25 Basis Points, Sending Bitcoin Price Towards New ATH

As well as Trump’s victory, the crypto market recently received another big news as the Fed slashed interest rate by 25 bps. Bitcoin’s price, often highly responsive to US news, had already reached a record near $77,000 and remained relatively stable. Fed Goes Easy on Monetary Policy In line with market expectations, the U.S. Federal …

Shayan Chowdhury·8 Nov 20242 min

Price Analysis

Ethereum Eyes $3,000 Amid Weakening Selling Pressure: Can Bullish On-Chain Metrics Hold ETH Price?

Ethereum experienced a strong start to November, triggered by a $500 million influx into the cryptocurrency market following Donald Trump’s election win. The recent rise in Ethereum’s price has led analysts to speculate about the start of a bull run. This viewpoint is supported by the rise in various on-chain metrics and the announcement of …

Shayan Chowdhury·7 Nov 20242 min

News

Donald Trump Dubbed Ripple’s ‘Messiah’: XRP ETF Approval and SEC Lawsuit End Anticipated

Donald J. Trump has been re-elected as the 47th US President. The crypto industry anticipates whether he will fulfill his promises to support its growth, including commitments made this year’s involving SEC Chair Gary Gensler. This could significantly affect the Ripple vs. SEC lawsuit and potentially pave the way for the approval of a spot …

Shayan Chowdhury·7 Nov 20242 min

News

21Shares Files S-1 With SEC for XRP ETF, Joining Bitwise and Canary Capital in Race for Ripple Investment Product

Joining the ranks of several firms that have already initiated similar efforts, 21Shares has recently filed with the US Securities and Exchange Commission (SEC) to launch an XRP ETF. This filing, submitted today, signals the firm’s intention to offer an investment product centered around Ripple’s native cryptocurrency. 21Shares Files For XRP ETF Amid Rising Demand …

Shayan Chowdhury·1 Nov 20242 min

News

TRON Records Second-Highest Revenue in October at $205 Million, Claims 43% of Altcoin Transaction Share

The TRON network has been making big moves in the altcoin market, reclaiming its status as the leading blockchain for transaction volume among major altcoin chains. The TRON network has reported $205 million in revenue for October, marking it as the second-highest monthly revenue in its history. This has boosted Justin Sun’s bet regarding the …

Shayan Chowdhury·1 Nov 20242 min

Price Analysis

Ethereum Prepares for 10% Drop As Supply on Exchanges Rises: Here’s the Next ETH Price Trend

Ethereum has had a turbulent start to the week, and data suggests that further declines may be on the way. As Bitcoin loses momentum and drops below immediate support levels in recent hours, selling pressure on Ethereum is increasing. This downward trend is reinforced by various on-chain metrics, which now point to a potential sharp …

Shayan Chowdhury·24 Oct 20242 min

News

Bitcoin Volatility Expected to Surge After SEC Approves Options on Spot Bitcoin ETFs: Reveals Analyst

The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on spot Bitcoin exchange-traded funds (ETFs), like BlackRock’s iShares Bitcoin Trust (IBIT). Analysts say this move is likely to make Bitcoin’s price more volatile. With options available on these ETFs, investors can bet on Bitcoin’s future price changes more easily. …

Shayan Chowdhury·23 Oct 20243 min

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