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.
Slump in Crypto Price Today! Can Altcoins Trigger a Recovery?
The cryptocurrency market is facing a challenging period. In the last month, Bitcoin and Ethereum, the top two cryptocurrencies, have seen declines of 1.9% and 11.1%, respectively. This has led many investors to question whether a recovery is on the horizon. Although there’s hope for a market upturn, the charts for these leading cryptocurrencies haven’t …
Vignesh S G·12 Sept 20241 min
Gold Hits Record High, Bitcoin Dips: Crypto Bull Run in Danger?
Bitcoin’s price currently stands at $58,027.33, marking a 1.9% drop over the past month. In contrast, Gold has soared to a record high of $2,518.86 per ounce. This data highlights an intriguing inverse relationship between Gold and Bitcoin. Let’s explore this dynamic in more detail! Bitcoin Faces a Bearish Phase CryptoQuant’s Bull-Bear Market Cycle indicator …
Vignesh S G·12 Sept 20242 min
US CPI Announcement Today Could Trigger the Next Crypto Bull Rally – Here’s How
All eyes are on the US Core Consumer Price Index (CPI) as it’s set to be released today, and its outcome could be crucial. This data will help determine whether the Federal Reserve will go ahead with its planned rate cut, which could spark a bullish trend in the cryptocurrency sector. Cryptocurrency enthusiasts are watching …
Vignesh S G·11 Sept 20242 min
Bitcoin Price Today Drops Again — Can It Rebound in Q4?
The king continues to make headlines! Over the past year, Bitcoin has surged by an impressive 118.2%. At the start of 2024, the price hovered around $42,280, and today, it stands at $56,318, reflecting a 33.7% increase this year alone. Let’s dive into what this year’s Bitcoin price action tells us, and the possibilities that …
Vignesh S G·11 Sept 20242 min
Bitcoin News Today: How Top Companies and Nations Impact Crypto Prices
Companies -both public and private – and governments hold large Bitcoin reserves. MicroStrategy, a public company, owns around 226,500 Bitcoins. Similarly, the US government holds over 207,189 Bitcoins. At a time when the market is expecting a recession, it is important to have a clear understanding of the influence of large Bitcoin holders on the …
Vignesh S G·10 Sept 20242 min
Bitcoin Price Forecast: Q3 Review and Q4 Predictions
Bitcoin had an outstanding first quarter this year, with a 68.7% return. By mid-March, it even surpassed $73,000. However, this strong performance didn’t continue into the second quarter, where Bitcoin ended with a -12% return. As we approach the final month of Q3, it’s time to review. What does the monthly performance tell about? And, …
Vignesh S G·10 Sept 20242 min
How Will a US Recession Impact Crypto Markets?
A storm is brewing. The U.S. economy is showing signs of heading into a recession, with key indicators pointing to this possibility. This shift has sparked fear among investors, prompting many to move towards safer assets, while others are preparing to do the same. As risk assets, cryptocurrencies could be particularly affected. Here’s why the …
Vignesh S G·10 Sept 20242 min
Ethereum Price Today Surges as Wallet Creation Hits New High
Ethereum has recently achieved a notable milestone, hitting a 4-month high in wallet creation. This raises questions about its effect on the market and whether Ethereum is outperforming other Layer 1 (L1) chains. It’s time to do a simple analysis! Ready? Surge in Wallet Creation Yesterday, Ethereum saw a significant increase in wallet creation, with …
Vignesh S G·9 Sept 20242 min
Bitcoin Price Analysis: Why September’s Shocking Drop Could Trigger a Rally!
Bitcoin has been a hot topic recently, with many predicting September would be a strong month for the cryptocurrency. Yet, the Bitcoin charts have been underwhelming so far. On September 6, Bitcoin dropped to $53,994.12, raising doubts about the anticipated bullish trend for the month. However, Jelle’s recent post on X suggests there might still …
Vignesh S G·9 Sept 20242 min