Author
Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.
Remixpoint Invests $3.2 Million in Bitcoin as Japanese Yen Struggles
Since September 16, the Japanese Yen has dropped 7.15% against the US dollar, causing challenges for many Japanese businesses. While leaders across Japan discuss how to handle the Yen’s decline, Remixpoint, a well-known energy and automotive company, has made a strategic move. The company announced it is investing over 500 million Japanese Yen (around $3.2 …
Vignesh S G·27 Nov 20241 min
MicroStrategy Stock Crashes 33%: Is Its Bitcoin Strategy Failing?
MicroStrategy’s Bitcoin strategy is very simple: Raising debt to buy Bitcoin and selling shares at a premium to repeat the cycle. Until recently, it had been regarded as outstanding. At the start of November 21, the MicroStrategy price stood at a peak of $535.42. But just days later, something unexpected happened. The stock has since …
Vignesh S G·27 Nov 20243 min
Bitcoin Drops 6%, but Ethereum, SAND, and XLM See Gains: Good Time to Buy?
On November 22, Bitcoin reached a historic peak of $98,975.79, thrilling investors and crypto enthusiasts alike. But just days later, Bitcoin’s price took a sharp dip, dropping by around 6.16%. What’s even more intriguing is that, during this downturn, several altcoins have been making impressive gains. Ethereum, Sandbox (SAND), and Stellar (XLM) are shining brighter, …
Vignesh S G·26 Nov 20243 min
Bitcoin Institutional Investment 2024: MicroStrategy and Marathon Digital Take the Lead!
MicroStrategy shocked the crypto world yesterday with its largest-ever Bitcoin purchase of 55,500 BTC. This brings the company’s total Bitcoin holdings to nearly 386,700 BTC, worth around $36.5 billion. In just this month alone, MicroStrategy has bought more than 134,480 BTC. But it’s not just MicroStrategy making big moves. Marathon Digital Holdings (MARA) also made …
Vignesh S G·26 Nov 20243 min
Elon Musk Net Worth Hits $348B: World’s Richest Man, Thanks to Tesla & xAI Boom
Elon Musk, the richest person in the world, has significantly widened the wealth gap with other billionaires. His current net worth stands at an astonishing $348 billion, putting him $129 billion ahead of Amazon founder Jeff Bezos and $142 billion above Oracle’s Larry Ellison. Musk also leads in year-to-date (YTD) wealth growth, adding $119 billion …
Vignesh S G·25 Nov 20242 min
MicroStrategy Outperforms S&P 500: Bitcoin Strategy Fuels 509% Growth!
In 2024, MicroStrategy’s market has soared by an impressive 509.12%, outperforming every S&P component. This exceptional growth highlights the success of the Bitcoin strategy led by Michael J. Saylor, Executive Chairman and co-founder of the company. However, despite the impressive numbers, doubts remain about the long-term sustainability of this approach. Let’s break down the details. …
Vignesh S G·25 Nov 20242 min
XRP Ripple News: $100B Market Cap Nears, Bitcoin & Ethereum Left Behind!
In the past 24 hours, XRP has surged an impressive 22.6%, outperforming nearly all major cryptocurrencies. While Bitcoin (+1.1%), Ethereum (+7.7%), Solana (+6.7%), BNB (+2.7%), Dogecoin (+1.8%), and Cardano (+9.8%) have seen smaller gains, XRP’s rise stands out. As of November 21, XRP’s market cap was $62.86 billion. Since then, it’s jumped nearly 25.5%. With …
Vignesh S G·22 Nov 20243 min
NewsTikTok’s Chill Guy Meme Coin Explodes 2000%: What’s the Trend All About?
Chill Guy is the latest craze taking over the internet, and it’s leaving everyone wondering—what exactly is this all about? Originally a viral TikTok meme, it has quickly transformed into a crypto phenomenon. But here’s the twist: a Solana-based meme coin, named CHILLGUY, has seen an insane rise, reaching a market cap of $455 million …
Vignesh S G·21 Nov 20242 min
Bitcoin Price Prediction for the Next 3 Years: Experts Weigh In
Bitcoin has experienced a significant 36.2% growth in the past 30 days. Just yesterday, it hit a new all-time high of $92,342, and today, it’s broken the crucial $93,000 mark. The market continues to rise steadily, and as everyone in crypto talks about Bitcoin’s future, experts are making bold predictions about how the crypto market …
Vignesh S G·20 Nov 20242 min